Ether (ETH) bulls are eyeing a move back toward $2,800 in March, with at least three indicators showing ETH price potential to rise higher. Key takeaways: Ether’s price jumped by over 9% toward $2,280 on Monday. Multiple indicators, including a symmetrical triangle, hint at an extended price rally toward $2,800. Ether invalidates a bearish chart…
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South Korea has fined crypto exchange Bithumb 36.8 billion won (about $24.5 million) and imposed a six-month partial business suspension after finding widespread violations of Anti-Money Laundering (AML) rules, according to a Yonhap News Agency report. According to Yonhap, regulators identified about 6.65 million violations during an AML inspection, including failures related to customer identity…
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Metaplanet said Monday it raised $255 million in a private placement and launched a new warrant structure to fund additional Bitcoin purchases. Metaplanet raised about $255 million from institutional investors through a private placement of new shares, according to the company. The private placement priced new shares at a 2% premium, paired with fixed-strike warrants…
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Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued aggressively stacking Bitcoin last week, bringing the company’s total reserves to above 760,000 BTC. Strategy acquired 22,337 Bitcoin (BTC) for $1.57 billion last week, according to a US Securities and Exchange Commission filing on Monday. The purchase ranks among the five largest Bitcoin acquisitions…
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Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a safe-haven asset. Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week, led by $793 million into Bitcoin (BTC), CoinShares reported on Monday. The inflows mark three consecutive weeks of positive flows…
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Bitcoin (BTC) found fresh strength during the early Asian trading hours on Monday as bulls eyed further short-term gains. Key takeaways: Bitcoin price rises to a six-week high of $74,400 on Monday, liquidating $300 million in shorts. The 50-day moving average above $71,120 is a key support level to watch for BTC/USD going forward. Bitcoin…
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Bitcoin’s recent rebound reflects a strengthening base of long-term holders as ETF inflows and corporate treasury buying reshape the asset’s ownership structure, Bernstein said in a Monday research note shared with Cointelegraph. Bernstein said Bitcoin outperformed gold and major equity indexes over the past week despite heightened conflict in the Middle East, with Bitcoin (BTC)…
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Bitcoin (BTC) starts the third week of March fighting for a breakout after a trip to near $75,000. BTC price action delivers a strong weekly close, but bulls have a lot of work left to do. Analysis warns that the Bitcoin bear market is still in place, along with a recent death cross. Macro conditions…
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Australia’s Senate Economics Legislation Committee has backed a bill that would require crypto exchanges and tokenization platforms to comply with the country’s existing financial services regime, recommending that the Corporations Amendment (Digital Assets Framework) Bill 2025 be passed. The move on March 16 brings Australia a step closer to a bespoke licensing framework for “digital…
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There’s a new debate over whether a continued pivot from Bitcoin miners to artificial intelligence could have an impact on Bitcoin security and its role as a store of value. While some argue that miners fleeing the network would leave it more susceptible to a “51% attack,” others argue it will simply trigger the Bitcoin…
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