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Bitcoin News
Bitcoinist
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Sen. Warren Questions Trump’s SEC Chair Pick About Crypto Regulations Ahead Of Confirmation Hearing
- US Senator Elizabeth Warren has sent a letter to SEC Chairman nominee Paul Atkins questioning his call for less strict crypto regulations and potential conflicts of interest.
- Warren expressed her concern about Atkins' potential approach to crypto regulation, citing his previous roles during the 2008 financial crisis and as an advisor to the now-collapsed crypto platform FTX.
- She also questioned Atkins about his views on the SEC's role in regulating the crypto spot market, the application of the Howey test to tokens, and the recent dismissal of several crypto litigations.
- Warren further raised concerns about potential conflicts of interest related to Atkins' work on behalf of corporate interests and questioned him about the rumors of talks between the Trump family and Binance's US arm.
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Blockonomi
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39
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Bitcoin (BTC) Price: Weekly Gain of 5% Pushes Cryptocurrency Toward $88,000 Level
- Bitcoin has climbed nearly 5% in the past week, reclaiming key support levels and pushing toward the $88,000 mark.
- BTC needs weekly closes above $88,400 and $93,500 to end its downside deviation period, with analysts suggesting a potential 8-14% jump on reclaiming $90,000.
- GameStop has approved adding Bitcoin to its treasury reserves, leading to an 8% surge in the stock.
- President Trump's Global Reciprocal Tariffs decision on April 2 could impact Bitcoin's price movement.
- Analysts are optimistic about Bitcoin's momentum for a break above the $88,000-$90,000 support zone, citing bullish indicators like RSI divergence and a V-shaped recovery.
- Bitcoin reclaimed the $84,000-$85,000 range over the weekend, surging 4.7% from last week's levels and eyeing the $89,000 resistance level.
- The cryptocurrency has held its range between $86,000-$88,000 support zone for the past 24 hours, with a potential jump to $95,000-$100,000 if $90,000 is reclaimed.
- Analyst Rekt Capital notes the importance of weekly closes above $88,400 and $93,500 for Bitcoin to target its Macro Range, with consolidation between key EMAs.
- Santiment warns of excessive bullish sentiment on social media, which historically precedes market corrections.
- Government and institutional recognition of Bitcoin's value grow, with GameStop including Bitcoin in its treasury reserves and states like Oklahoma embracing Bitcoin as a state treasury asset.
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Newsbtc
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Now Is The Best Time To Buy Bitcoin, Says Investment Giant
- Bitwise Asset Management asserts that now is the opportune time to invest in Bitcoin, citing a favorable risk-adjusted basis.
- Chief Investment Officer Matt Hougan reflects on Bitcoin's evolution, emphasizing the diminished risks associated with the cryptocurrency.
- Hougan highlights Bitcoin's journey in overcoming existential threats and mentions the improved trading venues and custodial solutions that have bolstered the market.
- The introduction of spot Bitcoin ETFs in the US in 2024 further contributed to Bitcoin's mainstream acceptance and reduced regulatory concerns.
- Hougan addresses the historical concern of government intervention by citing the US government's gold confiscation order in 1933 and discusses the potential impact on Bitcoin.
- President Trump's executive order establishing a US Strategic Bitcoin Reserve is seen as mitigating the risk of a potential government ban on Bitcoin, signaling strategic alignment instead.
- Bitwise observes a shift in institutional allocations towards Bitcoin, with some investors now considering higher allocations due to increased legitimacy and regulated investment avenues.
- BTC is currently trading at $87,865, reflecting the confidence in Bitcoin's investment potential.
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Livebitcoinnews
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292
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Dogecoin Surges 5.14% as House of Doge Bolsters Liquidity with Reserve
- House of Doge establishes the Official Dogecoin Reserve to enhance the cryptocurrency's role as a global payment solution.
- Dogecoin's price surges by 5.14% to $0.1850 in the last 24 hours, breaking out of a triangular pattern.
- Analysts predict a potential 16% increase in Dogecoin's price, as it continues its bullish trend.
- Dogecoin faces resistance at $0.46 and support near $0.15, leaving traders speculating on a possible breakout.
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Bitcoinist
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Image Credit: Bitcoinist
World’s Largest Asset Manager BlackRock Unveils First Bitcoin ETP In Europe
- BlackRock, the world’s largest asset manager, is set to launch its first Bitcoin exchange-traded product (ETP) in Europe.
- The iShares Bitcoin ETP will debut on Xetra and Euronext Paris, with a temporary fee waiver to attract investors.
- BlackRock's entry into the European crypto market could be a potential tipping point for the industry.
- In addition to the ETP, BlackRock is expanding its digital asset offerings by launching a new share class on the Solana blockchain.
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Blockonomi
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Image Credit: Blockonomi
GameStop Adds Bitcoin to Investment Policy Following Board Approval
- GameStop has approved Bitcoin as a “Treasury Reserve Asset” in a unanimous board decision
- The company’s stock rose over 6% in after-hours trading following the announcement
- GameStop held $4.7 billion in cash as of February 1, 2025
- CEO Ryan Cohen hinted at this move last month by posting a photo with Strategy’s Michael Saylor
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TronWeekly
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Bitcoin (BTC) Holds Strong Above $86,500—Will Bulls Break $90K Next?
- Bitcoin stabilized above $86,500, with resistance at $88,800; a breakout could lead to $90,500.
- Fear and Greed Index rose from 22 to 55 as BTC recovered from $78,000 to $88,500.
- BTC is rising to $ 100K-$ 159 K, a historically bearish indication.
- BTC surpassed $86,500 and faces resistance at $88,800; a break above could push it towards $90,500. Fear and Greed Index rose as BTC recovered to $88,500. Traders predict BTC reaching $100K-$159K, which is considered a bearish sign.
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Zycrypto
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GameStop Announces Bitcoin Reserve Strategy as it Releases Earning Report for Q4
- GameStop announced adding Bitcoin to its treasury reserves and embracing digital money.
- The company plans to use cash, debt, and equity sales to buy Bitcoin and stablecoins.
- GameStop's earnings for Q4 2024 missed revenue expectations, but net income increased due to cost-cutting measures.
- The move to adopt Bitcoin may be part of GameStop's strategy to embrace new technologies and remain agile in a changing market.
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NullTX
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Bitcoin Long-Term Holders in Accumulation Mode as U.S. Spot ETFs See Continued Inflows
- Bitcoin's long-term holders (LTHs) have been accumulating the asset since February 25, 2023, with a 30-day accumulation rate near 6% and a daily accumulation pace averaging around 7%.
- The proportion of Bitcoin supply held by long-term holders versus short-term holders is steadily increasing, indicating a growing ratio in favor of long-term holders and potential price appreciation.
- U.S. spot Bitcoin ETFs have seen significant net inflows, with Fidelity's Bitcoin ETF (FBTC) receiving the largest single-day net inflow of $82.85 million on March 24.
- The continuous inflows into Bitcoin ETFs suggest increasing confidence in Bitcoin as an asset class among institutional investors.
- Bitcoin long-term holders exhibit an insatiable appetite for accumulation, remaining confident amidst short-term market volatility.
- The market sentiment is optimistic, supported by long-term holder accumulation and institutional interest, potentially stabilizing Bitcoin's price and reducing volatility.
- The increase in spot Bitcoin ETF inflows indicates a shift towards perceiving Bitcoin as a store of value and a valuable asset in the traditional financial landscape.
- The accumulation by diverse long-term holders, including institutions, hints at a positive future outlook for Bitcoin, potentially leading to significant price appreciations.
- The ongoing accumulation by long-term holders and institutional investors sets up a bullish scenario for Bitcoin, suggesting a favorable environment for the cryptocurrency.
- It is advised to conduct thorough research before investing in cryptocurrencies or related services, and this summary does not provide trading or investment advice.
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NullTX
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0
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US Bitcoin ETFs Experience Modest Inflows After Weeks of Outflows, Ethereum ETFs Continue to Struggle
- After four weeks of outflows, U.S. Spot Bitcoin ETFs saw a modest turnaround with 5,300 BTC in inflows last week, driven mainly by key players like BlackRock, ARK Investment Management, Fidelity, and Grayscale.
- BlackRock dominated Bitcoin ETF inflows with 4,069 BTC, signaling institutional interest returning to the market.
- ARK Investment Management and Fidelity also experienced significant inflows into their Bitcoin ETF products, indicating growing institutional interest.
- On the other hand, US Spot Ethereum ETFs continued to struggle, witnessing large outflows of 76,300 ETH, possibly due to uncertainty around Ethereum's transition to proof-of-stake and market volatility.
- Ethereum-based products face challenges as institutional investors seem more inclined towards Bitcoin's perceived stability amidst regulatory uncertainties.
- ETF performance can be tracked through Glassnode Studio, offering insights into Bitcoin and Ethereum ETF metrics and market sentiment.
- Bitcoin ETFs are influenced by regulatory environment, institutional interest, and market trends, leading to increased assets under management (AUM).
- Experts predict a challenging outlook for Ethereum ETFs due to regulatory fog, while Bitcoin ETFs show signs of favorable institutional adoption.
- Overall, Bitcoin ETFs are gaining traction with notable inflows, especially led by BlackRock, instilling hope in the crypto ETF market.
- The competition for inflows among heavy-hitter firms applying for Bitcoin ETFs reflects growing institutional interest in this sector.
- In contrast, Ethereum ETFs face struggles in attracting inflows, suggesting Ethereum may not emulate Bitcoin's success in the ETF space.
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Newsbtc
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367
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Analyst Says Bitcoin (BTC) Could See A 14% Price Jump If This Level Is Reclaimed
- Bitcoin (BTC) has climbed nearly 5% in the past week, reclaiming key support levels over the past three days.
- Analysts suggest that if Bitcoin reclaims the $90,000 resistance level, it could trigger a 14% surge from current prices to reach the $95,000-$100,000 levels.
- Bitcoin's recent price movement has shown correlation to the S&P 500, but is still trading at a solid spot premium, indicating a potential move to new local highs.
- For Bitcoin to end its downside deviation period, it needs weekly closes above $88,400 and $93,500, and a retest into support to target its Macro Range.
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Insider
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GameStop is getting into bitcoin — and investors are thrilled
- Video game retailer GameStop has announced its decision to invest in bitcoin.
- GameStop's move follows the example of software maker MicroStrategy, which has been investing in bitcoin for months.
- This new investment has caused GameStop's shares to rise by 8.3%.
- The decision comes as more companies, including Tesla and Coinbase, are investing in bitcoin.
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TechJuice
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PM Pushes for Crypto Growth: Pakistan Eyes $3.5 Billion Bitcoin Mining Plan
- Pakistan's Prime Minister Shehbaz Sharif led a discussion on integrating Bitcoin mining and real-world asset tokenization into the national economic framework.
- The meeting explored strategies to establish a $3.5 billion Bitcoin mining infrastructure and leverage blockchain technology for economic transformation.
- Discussions focused on tokenizing real-world assets to enhance transparency and accessibility in the financial sector, revolutionizing Pakistan's economy.
- Prime Minister Sharif directed the Pakistan Crypto Council to collaborate with industry leaders and propose a concrete plan, highlighting the urgency to formalize cryptocurrency regulations.
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Livebitcoinnews
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340
Image Credit: Livebitcoinnews
XRP Slips: Is it Possible to Recover $2.50 from $2.45?
- XRP is seeing a slight pullback, trading at $2.45.
- XRP recently peaked at $2.466 on March 25, 2025.
- XRP has a fully diluted market cap of $245.658 billion.
- Technical indicators show caution, and long liquidations may pressure XRP's price.
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Coindoo
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Bitcoin Mining Revenues Surge as Miners Adapt to Halved Rewards and Market Challenges
- Bitcoin mining revenues have surged, reaching around $3.1 billion in Q1 2025, after the halving event that reduced mining rewards.
- Miners have adapted to tighter profit margins and lower block rewards by upgrading to more energy-efficient mining hardware, relocating to regions with affordable renewable energy, and diversifying into AI data-center hosting.
- Falling cryptocurrency prices have put additional pressure on miners, but those with substantial capital have managed to adjust.
- To maintain miner incentives, increased transaction activity on the Bitcoin network, particularly higher-value transactions, has been suggested.
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