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Bitcoin News
Blockonomi
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308
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Bitcoin (BTC) Price: Analysis Shows Potential Recovery to $123,000 by June 2025
- Bitcoin is currently trading around $85,880, experiencing a 3.16% decrease over the past month but showing a 10% recovery since dropping below $80,000 in March.
- Analyst Jamie Coutts predicts a potential Bitcoin price surge to $123,000 by June 2025, driven by improving financial conditions and weakening US dollar.
- Polymarket data suggests Bitcoin could reach $138,617 by the end of 2025, indicating a 60% increase from the current price.
- Bitcoin options worth $16.5 billion expire on March 28, likely impacting short-term price movements.
- Technical analysis points towards Bitcoin testing key resistance levels at around $88,000 and potentially retesting its all-time high of $109,000.
- Financial institutions have varied forecasts for Bitcoin, with predictions ranging from $100,000 to $250,000 by the end of 2025.
- Bitcoin investors are monitoring the upcoming record-breaking monthly options expiry on March 28, with open interest focusing on $86,500 and $90,000 levels.
- Despite market uncertainties, Bitcoin bulls anticipate decoupling from stock markets and potential growth in a recessionary macro environment.
- CryptoQuant's Bull Score Index indicates a weak Bitcoin market, with low chances of a significant rally in the near future.
- Watching the $88,000 resistance level and the outcome of the March 28 options expiry will provide insights into Bitcoin's short-term trajectory.
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Coindoo
3w
361
Image Credit: Coindoo
Bitcoin ETFs Extend Inflow Streak as Investor Interest Holds
- Bitcoin ETFs continue to attract inflows, indicating sustained investor interest.
- Thursday's net inflows across Bitcoin ETFs reached $89 million.
- Fidelity's FBTC had the highest inflow with $97.14 million, while Invesco's BTCO and WisdomTree's BTCW experienced outflows.
- Ether ETFs have struggled with outflows, highlighting stronger investor conviction in Bitcoin over Ethereum.
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Newsbtc
3w
8
Image Credit: Newsbtc
XRP Price Imminent Breakout: $5.30 On The Cards, Analyst Says
- Analysts are predicting a significant price surge for XRP in the near future.
- CryptoBull projects a target price of $5.30 for XRP and expects a breakout within a week.
- Another analyst, Levi, identifies a golden MACD cross as a bullish signal for XRP.
- However, veteran trader Peter Brandt warns of a possible price fall due to a head-and-shoulders pattern in XRP's chart.
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Blockonomi
3w
251
Image Credit: Blockonomi
GameStop Stock Falls 22% After Bitcoin Acquisition Plans Announced
- GameStop's short sales volume increased 234%, reaching 30.85 million shares.
- NYSE imposed a Short Sale Restriction after GME stock fell 22%.
- GameStop announced plans to purchase Bitcoin using proceeds from a $1.3 billion convertible notes offering.
- Analysts question the strategic value of GameStop's Bitcoin acquisition plans.
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Bitcoinist
3w
35
Image Credit: Bitcoinist
Bitcoin Reserve Bill Gains Urgency As US Senator Calls For August Vote
- Senator Bernie Moreno wants the US to start buying Bitcoin and establish a national Bitcoin reserve.
- He believes it is important for the country to stay strong financially, and wants to collect 1 million BTC over five years.
- Opinions about the bill passing are mixed, with some experts giving it a 30% chance and others estimating 50-60%.
- If the US buys a significant amount of Bitcoin, it could have implications for its global leadership in money and the perception of cryptocurrency.
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TronWeekly
3w
79
Image Credit: TronWeekly
Bitcoin’s Battle at $84K Support Could Determine Next Move to $92K
- Bitcoin is testing a key support level at $84K-$85.9K after dropping from $88,300.
- The U.S. government move of $8M in BTC raises market speculation.
- Holding the $84K support level could push BTC towards $92K-$95K.
- Traders anticipate volatility as BTC faces a crucial moment.
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Coinpedia
3w
365
Image Credit: Coinpedia
Crypto Market Crash Today Amid Trump’s Tariff Threats; U.S. PCE Data in Focus
- President Trump's latest tariff threats on Canada and the EU caused a market crash, impacting cryptocurrencies like Dogecoin, Ether, and XRP.
- Trade tensions escalated as Trump signed an order imposing a 25% tariff on auto imports, with reciprocal tariffs set to start on April 2.
- Cryptocurrencies experienced an average drop of 4.5%, with Dogecoin leading the decline at 7%. Bitcoin and Ethereum also saw decreases.
- Attention now turns to the U.S. personal consumption expenditure (PCE) data release and the impact it may have on the market.
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Coinpedia
3w
418
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Why Bitcoin , Ethereum and XRP Price Crashing Today?
- The total crypto market cap dropped around 4.2 percent to $2.89 trillion.
- Ethereum and XRP prices dropped over 5 percent.
- Declining futures open interest was a major force behind the crypto dump.
- Low demand from short-term holders compared to long-term investors also contributed to the market downturn.
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Bitcoinist
3w
259
Image Credit: Bitcoinist
Strategic Bitcoin Reserve Proposed by Brazil’s Vice Presidential Advisor
- Brazil’s Vice President Geraldo Alckmin’s chief of staff, Pedro Giocondo Guerra, emphasizes the importance of establishing a national strategic Bitcoin reserve.
- The proposed bill aims to guard Brazil against currency fluctuations and geopolitical uncertainties by diversifying the government’s international reserves.
- If passed, the bill would allow Brazil to invest up to $18.3 billion in Bitcoin, representing 5% of the country's international reserves.
- The legislation includes guidelines for acquisition, security measures, transparency, and educational programs in the field of blockchain and cryptocurrencies.
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TronWeekly
3w
57
Image Credit: TronWeekly
Bitcoin Struggles Below $88K, Needs $90K Breakout for Bullish Momentum
- Bitcoin faces resistance between $88K and $91K, limiting upward momentum.
- Whales have reduced holdings by 290K BTC over five months.
- Bitcoin remains above $85K, but $90K resistance must be breached for bullish momentum.
- Bitcoin may stay range-bound as technical factors and broader economic pressures weigh down on price.
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TronWeekly
3w
176
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BlackRock’s Global Allocation Fund Unveils Impressive $47.4M in Bitcoin ETF Holdings
- BlackRock’s Global Allocation Fund now holds $47.4 million in Bitcoin ETF shares, increasing its Bitcoin allocation to 0.25%.
- The fund added 390,894 IBIT shares, increasing its Bitcoin exposure by 91% since Q3 2024.
- BlackRock’s fund has seen significant growth in Bitcoin ETF holdings, increasing by 1,810% since its launch in January 2024.
- Institutional adoption of Bitcoin has fueled the trend, with BlackRock introducing IBIT to its model portfolio and targeting a 1-2% allocation.
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Coin Telegraph
3w
282
Image Credit: Coin Telegraph
Coffeezilla shouldn’t duck Logan Paul suit over CryptoZoo claims: Judge
- Influencer Logan Paul's lawsuit accusing the YouTuber known as 'Coffeezilla' of defamation over Paul's CryptoZoo project should be allowed to continue, according to a Texas magistrate judge.
- The judge recommended denying Stephen Findeisen's bid to dismiss Paul's lawsuit, stating that Findeisen's statements meet the legal definition of defamation and are not considered mere opinions.
- Paul claimed that Findeisen called him a 'serial scammer' and referred to CryptoZoo as a 'scam' and a 'massive con,' which Findeisen denies.
- Paul or Findeisen can object to the judge's recommendation within 14 days.
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Livebitcoinnews
3w
193
Image Credit: Livebitcoinnews
Why Slot Machine Music Deserves More Attention
- Slot machine music often goes unnoticed by players but plays a crucial role in setting the mood and pace of the game.
- Despite being treated as background noise, the music in slot games is intentionally designed to enhance the gaming experience.
- Some slot games are now investing more in sound design, like DJ WYLD by ELK Studios, which features a custom EDM soundtrack.
- Music in slot machines guides emotions, builds anticipation, and adds a rhythm to gameplay.
- While visuals and bonus features often take precedence in game development due to budget constraints, sound design is equally important.
- Many players tend to mute their games, but the significance of well-crafted soundtracks should not be overlooked.
- Encouraging players to pay attention to slot machine music could lead to developers prioritizing sound design in the future.
- Recognizing the impact of music in slot games could enhance the overall gaming experience for players.
- As game developers begin to focus more on soundscapes, slot machine music may become a more prominent aspect of game discussions.
- Taking note of well-executed sound design in slot games can pave the way for more immersive and engaging gaming experiences.
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Newsbtc
3w
8
Image Credit: Newsbtc
Dogecoin (DOGE) Faces Market Correction—Will Buyers Step Back In?
- Dogecoin (DOGE) is facing a market correction and has started a fresh decline from the $0.2050 zone against the US Dollar.
- DOGE price is currently trading above the $0.180 level and the 100-hourly simple moving average.
- There was a break below a connecting bullish trend line with support at $0.1950 on the hourly chart of the DOGE/USD pair.
- The price could gain bullish momentum if it clears the $0.1940 and $0.1980 resistance levels.
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Livebitcoinnews
3w
237
Image Credit: Livebitcoinnews
P2P.org and Colossus Digital Initiate Secure Institutional Staking Service
- P2P.org and Colossus Digital have partnered to introduce a new institutional staking service for safe and effective staking of digital assets.
- The service allows institutions to stake digital assets directly in custody, ensuring security and compliance.
- P2P.org's staking service supports over 20 Proof-of-Stake assets on Layer 1 and Layer 2 blockchain networks, with custody support from institutional custodians.
- The partnership aims to make institutional staking safer and more efficient, bringing blockchain technology within reach of institutional investors.
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