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Bitcoin News
Cryptopotato
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Image Credit: Cryptopotato
Tether Boosts Bitcoin Reserves with $735M Purchase
- Tether, the issuer of USDT stablecoin, has purchased $735 million worth of Bitcoin in Q1 2025, expanding its Bitcoin holdings.
- With this purchase, Tether becomes the sixth-largest holder of Bitcoin globally.
- Tether's total reserves now stand at 92,647 BTC, worth approximately $7.64 billion.
- Despite Bitcoin's Q1 2025 performance decline, Tether remains committed to its accumulation strategy and diversification into emerging sectors.
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Stackexchange
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Image Credit: Stackexchange
I need to find out if the person withdrawing my btc is a scammer
- A company contacted a person through Facebook claiming to be able to withdraw a large amount of Bitcoin (BTC).
- The person engaged with multiple ladies in a group chat, each working on a separate Bitcoin withdrawal.
- One lady asked for a small fee, which the person paid before blocking her due to persistent messaging.
- Another person claiming to be the boss continued the communication and exhibited similar behavior.
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Blockonomi
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Image Credit: Blockonomi
Tether Adds 8,888 BTC Worth $735 Million to Q1 Holdings
- Tether purchased 8,888 BTC worth $735 million on the last day of Q1 2025
- Tether now holds between 92,647-100,521 BTC, valued at $7.64-8.29 billion
- Tether becomes the sixth-largest Bitcoin holder and second-largest private firm holding Bitcoin
- Tether continues its strategy of allocating 15% of profits to Bitcoin purchases
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Coinpedia
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Image Credit: Coinpedia
Bitcoin Price Faces Uncertainty: Will the 2025 Rally Continue or End Below $60K?
- Bitcoin price closed March in an indecisive manner, with conflicting sentiment among short-term and long-term investors.
- The upcoming tariffs from the United States have caused mixed reactions from global investors.
- There are predictions of a potential correction below $60k and a bearish market environment for Bitcoin.
- Despite this, technical analysis suggests a potential parabolic rally before the end of the year, and long-term investors continue to accumulate Bitcoins.
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Blockonomi
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Image Credit: Blockonomi
Bitcoin (BTC) Price: Edges Up to $83K Following Difficult First Quarter
- Bitcoin price rose to $83,210 after a difficult Q1 with 11% losses and 24% drop from January’s all-time high
- Trump administration’s planned trade tariffs (scheduled for April 2) have increased market uncertainty
- Bitcoin may still be in an “acceleration phase” according to Fidelity analyst Zack Wainwright
- Major companies continue accumulating Bitcoin despite price volatility, including Michael Saylor’s Strategy and MARA Holdings
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Crypto-News-Flash
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Image Credit: Crypto-News-Flash
Short-Term Bitcoin Holders See Drop in Network Share This Year
- Short-term holders of Bitcoin now control around 40% of the network's wealth, down from nearly 50% earlier in 2025.
- Compared to previous cycles, the dominance of new investors in Bitcoin remains relatively low, indicating a more balanced market landscape.
- While short-term holders are holding back, larger Bitcoin holders, known as whales, have been accumulating significant amounts of BTC.
- Bitcoin's market liquidity is shrinking, with many market participants becoming more cautious, potentially leading to heightened price volatility.
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Coindoo
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Image Credit: Coindoo
Senator Cynthia Lummis Pushes for Bitcoin Act to Strengthen U.S. Financial Position
- The BITCOIN Act, introduced by Senator Cynthia Lummis, aims to position Bitcoin as a cornerstone of the U.S. financial strategy.
- It proposes creating a national reserve of Bitcoin to reduce the nation's debt burden and enhance its influence in the global digital economy.
- Lummis emphasizes the need for the U.S. to 'buy, baby, buy' BTC as the country faces mounting debt and seeks to secure a role as the world's reserve currency.
- Larry Fink's warning about the U.S. dollar's reserve currency status being under threat due to soaring federal debt levels adds urgency to Lummis's call for action.
- Lummis views Bitcoin not just as a technological opportunity but as a national imperative for maintaining America's financial leadership in the 21st century.
- The Bitcoin Act is seen as a bold step toward addressing long-term debt burden and positioning the U.S. as a leader in the digital asset space.
- As global interest in Bitcoin grows, the U.S. must embrace the shift toward digital currencies to strengthen its economic foundation, according to Lummis.
- Countries like El Salvador and South Carolina are already making moves in the digital asset space, enticing discussions on Bitcoin's role in the global financial system.
- The success of the Bitcoin Act could have profound implications for the U.S. economy and the future of money and finance worldwide.
- Senator Lummis's push for the Bitcoin Act reflects a broader debate on the future of the U.S. dollar and BTC's role in global finance, with increasing support from experts and lawmakers.
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Coindoo
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Image Credit: Coindoo
Tether Withdraws 8,888 BTC from Bitfinex: What Does This Mean for the Market?
- Tether, a popular stablecoin issuer, has withdrawn 8,888 BTC from Bitfinex.
- The withdrawal has reduced Tether's Bitcoin reserve, leaving them with a total of 92,647 BTC, valued at approximately $7.69 billion.
- The exact reasons for the withdrawal are unclear, but it could be for strategic reasons or to meet the increasing market demand for Bitcoin.
- Tether's growing Bitcoin presence and significant reserves could impact market liquidity and sentiment, shaping Bitcoin's market trajectory.
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Crypto-News-Flash
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Image Credit: Crypto-News-Flash
Tether Adds 8,888 BTC to Reserve in Quiet Power Move
- Tether added 8,888 BTC to its reserves, strengthening long-term Bitcoin holdings.
- Tether's reserve wallet made a massive withdrawal, adding up to a total of 92,647 BTC, making it one of the largest Bitcoin wallets in the world.
- In addition to adding Bitcoin to its reserves, Tether also issued 1 billion USDT tokens to add liquidity to the market.
- Tether's expanding business direction includes a 30.4% stake in a media company and being increasingly involved in crypto-based oil transactions.
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9 Likes
Crypto-News-Flash
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Image Credit: Crypto-News-Flash
SpaceX Plans Historic Polar Orbit Crewed Mission with Bitcoin Billionaire’s Backing
- Bitcoin billionaire Chun Wang funds SpaceX’s first polar orbit crewed mission, showcasing crypto’s growing role in space innovation.
- SpaceX's mission named Fram2 is the first crewed spaceflight to orbit both the North and South Poles.
- The diverse crew of Fram2 includes three individuals without prior spaceflight experience, making this the first all-civilian mission of its kind without licensed pilots or professional astronauts.
- Chun Wang's leadership and financial backing of the mission highlights the growing influence of the cryptocurrency world in frontier exploration.
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8 Likes
Bitcoinist
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390
Image Credit: Bitcoinist
California Lawmaker Adds Bitcoin and Crypto Rights To Digital Assets Bill
- A Californian lawmaker has added Bitcoin (BTC) and crypto rights to the amended Assembly Bill 1052 (AB1052) to recognize digital assets as a payment method, secure self-custody, and protect investors.
- California's Banking and Finance Committee chairman, Avelino Valencia, has added Bitcoin and crypto investors' protections to his digital assets bill.
- AB1052 aims to secure self-custody rights for California residents, recognize digital assets as a valid payment method, and prevent discrimination and taxation based on digital asset use.
- The bill also establishes a framework to handle unclaimed digital assets and expands the scope of the Political Reform Act of 1974 to prohibit public officials from promoting digital assets.
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23 Likes
Coin Telegraph
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Image Credit: Coin Telegraph
OpenAI to release its first ‘open’ language model since GPT-2 in 2019
- OpenAI is set to launch an “open” version of its language model this year, allowing developers to run the model on their own hardware.
- The model is the first “open-weight” language model since GPT-2 in 2019.
- To gather feedback, OpenAI will host developer events to gather feedback and play with early prototypes.
- OpenAI aims to see what developers build and how large companies and governments use the model.
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Tokenhell
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Image Credit: Tokenhell
March 2025 in Charts – US Trade Tariffs Hit Crypto as DeFi Users Lose $22 Million to Hackers
- US trade tariffs imposed by President Trump cause price volatility in crypto markets, leading to a drop in Bitcoin price and affecting Trump's own crypto investments.
- Two US states, Kentucky and Utah, pass crypto legislation to provide clear guidance for businesses accepting digital asset payments.
- Solana experiences a 99% drop in revenue and a significant decrease in trading volumes on decentralized exchanges.
- Hackers target decentralized finance protocols, resulting in the loss of $22 million worth of crypto across four hacking incidents.
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21 Likes
TheNewsCrypto
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Image Credit: TheNewsCrypto
Is Bitcoin Testing $70K Support the Key Needed for $90K Bulls To Resurface?
- Bitcoin tested the $81K support and recorded a mild price increase resulting in a progression to the $83K resistance.
- If Bitcoin falls below $80K, it has little to no support until $70,000, potentially leading to a bullish turn.
- The prolonged hold-up at the $80K level has caused frustration, but previous support testing could lead to a rebound to $90,000.
- Bitcoin's technical indicators suggest an oversold market situation, while other altcoins show modest bullish signs.
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15 Likes
Coindoo
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Image Credit: Coindoo
BlackRock CEO Warns U.S. Dollar’s Future at Risk, Sees Bitcoin as Potential Alternative
- BlackRock CEO, Larry Fink, warns that unless the U.S. government manages its fiscal path, Bitcoin could become an alternative to the dollar.
- Fink highlights the risk of the U.S. debt burden, with projections suggesting a permanent deficit and all federal revenue going towards servicing the debt.
- The growing pressure on the economy could erode trust in the dollar, causing digital assets like Bitcoin to be viewed as less risky and offer a safer haven from volatility.
- Fink emphasizes the role of digital finance and tokenization in the future, calling for a significant overhaul of the existing financial system and the development of a robust regulatory framework.
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