A weakening US dollar could be bullish for Bitcoin, but two metrics could be cause for concern in the short term, according to Real Vision crypto analyst Jamie Coutts. “While my framework is turning bullish as the dollar plunges, two metrics still raise alarms: Treasury Bond volatility (MOVE Index) and Corporate Bond spreads,” said Coutts…
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Bitcoin prices have continued to retreat over the weekend and have fallen to just above $80,000 on March 10 in what one analyst has described as an “ugly start” to the week. It looks like Bitcoin (BTC) will retest $78,000, said BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes on X following the asset’s…
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A strategic Bitcoin reserve in the United States reduces the possibility that the government will ever “ban” the cryptocurrency and could encourage many more nations to adopt Bitcoin, according to crypto observers. On March 7, US President Donald Trump signed an order establishing a Strategic Bitcoin Reserve and a digital asset stockpile. White House crypto…
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Cardano founder Charles Hoskinson said he wasn’t aware that US President Donald Trump would include the network’s native token, ADA, in his proposed crypto reserve until the day it was announced. “We knew nothing about ADA being selected for the reserve. It was news to me,” Hoskinson said in a video on March 5. He…
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The lead prosecutor investigating Argentine President Javier Milei’s alleged involvement in the LIBRA cryptocurrency scandal has requested the freezing of as much as $110 million in assets. Argentine Federal Prosecutor Eduardo Taiano has also requested the recovery of deleted social media posts, including those made by Milei promoting the Solana-based memecoin, according to local media…
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Bankrupt crypto exchange Mt. Gox has started shifting Bitcoin again, with 12,000 BTC on the move in a tumultuous week rattled by market volatility. On March 6, Arkham Intelligence alerted its users on X that the Mt. Gox wallet (1PuQB) had moved 12,000 coins (BTC) worth a little over $1 billion. The transaction cost $1.64…
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Iris Ramaya Au, the former girlfriend of admitted crypto fraudster Adam Iza, dubbed “The Godfather,” has agreed to plead guilty to a federal criminal tax charge. Au pled guilty to a single count of giving a false tax return “for failing to report more than $2.6 million in ill-gotten gains she obtained via her then-boyfriend’s…
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Japanese investment firm Metaplanet has bought another $44 million worth of Bitcoin, which has seen its stock jump by 19% on the day so far. Metaplanet CEO Simon Gerovich said in a March 5 X post that the firm bought 497 Bitcoin (BTC) at around $88,448 per coin for a total spend of $43.9 million.…
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NYSE Arca has filed a proposed rule change to list and trade shares of the Bitwise Asset Management Dogecoin exchange-traded fund. On March 3, the New York Stock Exchange subsidiary filed the 19b-4, which, if approved, would enable the exchange to list the Bitwise Dogecoin (DOGE) ETF, a fund offering direct exposure to the memecoin. …
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The United States Securities and Exchange Commission is reportedly offering eligible employees financial incentives to resign or retire from the agency amid an ongoing wave of staffing changes from the regulator. The US securities regulator is reportedly offering staff $50,000 to resign or retire by April 4, according to a March 4 Bloomberg report citing…
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