Bitcoin closed March with a modest gain after a volatile session, swinging between $65,926 and $68,517 before settling above $67,500. Market Volatility and Geopolitical Catalysts On the final day of March, bitcoin navigated another volatile session, oscillating between $66,200 and a peak just around $68,500 before retracing to sub-$66,000 levels during the morning session. As
Bitcoin’s first-quarter slump capped an unusual run: nearly six months of underperformance against U.S. equities, a stretch that has no precedent. “That’s never happened,” said Mark Connors, founder of Risk Dimensions, pointing to data showing bitcoin lagging stocks consistently since early October. The trend has raised fresh questions about whether the asset is behaving more
Arizona’s much-talked-about Bitcoin reserve is now on the verge of a final vote, according to a recent update. Its goal is to establish a state-level stockpile of cryptocurrency in order to diversify the state’s treasury. The state would hold major cryptocurrencies of the likes of Bitcoin and XRP that were seized by law enforcement instead
Popular economist and global strategist Peter Schiff has criticized Strategy for its recently launched advertisement campaign promoting the STRC stock. Schiff claims the ad has deliberately misleading promotional content that could expose Strategy to legal liability. Is Peter Schiff protecting Strategy? On Monday, March 30, Strategy Chairman Michael Saylor posted the ad on his official
Bitcoin is getting close to a point in history where fear and opportunity are separated. The $54,000 area sticks out as a key threshold, where Bitcoin becomes statistically cheap in relation to the average on-chain cost basis of market participants, according to CryptoQuant’s realized price model. Descending market dynamic The price is currently trading in
On Monday, two research pieces about quantum cryptography dramatically slashed the hardware requirements for cracking private keys to vast sums of digital assets, including over a million bitcoin ($BTC) owned by Satoshi Nakamoto. By some estimates, the deadline to fork Bitcoin to post-quantum cryptography has accelerated by two orders of magnitude. In other words, both
Bitcoin ($BTC) price has dipped below the ‘Fire Sale!’ zone on the Rainbow Chart, its first drop into this area since the FTX-induced capitulation in late 2022. The flagship coin fell below the ‘Fire Sale!’ territory of the popular visual tool for tracking long-term price trends and sentiment by March 31, signaling it is extremely
$BTC is preparing to close March with a net loss, extending its losing streak. Historically, $BTC has never been in the red for three consecutive months at the start of a new year. $BTC extended its losing streak, poised to close a six-month losing streak. After an eventual net loss in March, $BTC may go
Cryptocurrency analytics company GreeksLive has issued a notable warning regarding the Bitcoin options market. According to the company’s assessment, options trading accounted for approximately 30% of total trading volume today, with this concentration largely focused on the “Block Condor” strategy, which expires tomorrow. The analysis stated that the total nominal size of these transactions exceeded
A rare statement by Satoshi Nakamoto, the anonymous founder of Bitcoin (BTC), regarding the potential impact of quantum computers on Bitcoin, has resurfaced. In a 2010 discussion on the BitcoinTalk forum, a participant with the username “llama” asked whether Bitcoin would become worthless if digital signatures were broken due to quantum computers. In his response