News - Page 307 of 349

March 11, 2025
Crypto News, Finance

Analysis: Unpacking Bitcoin’s 30% Drop in 7 Weeks Since Its $109K Peak

Bitcoin has faced a relentless seven-week decline, falling from its all-time high of $109,000 in January to a March 11 low of approximately $77,000. This 30% drop has rippled...

March 11, 2025
Crypto News, Finance

Mt. Gox Moves $931M in Bitcoin to Unknown Addresses Amid Market Uncertainty

Mt. Gox, the defunct cryptocurrency exchange, has transferred 11,833.6 BTC, worth approximately $931 million, to unknown addresses, fueling speculation about potential sell-offs in the market. The transactions, which occurred...

March 11, 2025
Crypto News, Finance

Yuga Labs VP Warns Ethereum Could Drop to $200–$400 if Bear Market Deepens

Ethereum could face a drastic decline to as low as $200–$400 if the crypto market has indeed entered a prolonged bear cycle, according to Quit, Vice President of Blockchain...

March 11, 2025
Crypto News, Finance

SEC Weighs Dropping Controversial Rule Impacting Crypto Firms

The U.S. Securities and Exchange Commission (SEC) is considering abandoning a controversial rule that expanded the definition of exchanges to include crypto firms. Acting SEC Chairman Mark Uyeda has...

March 11, 2025
Blockchain, Crypto News

Stablecoin Market Cap Reaches Record $226B, Signaling Capital Rotation

The stablecoin market has reached a new milestone, with its total capitalization hitting an all-time high of $226.8 billion, a significant increase from $132 billion in January 2024. This...

March 11, 2025
Blockchain, Crypto News

Crypto Faces Potential ‘More Turbulence’ Amid Macroeconomic and Global Uncertainty, Analysts Warn

Bitcoin and altcoins remain under pressure as macroeconomic uncertainties and global concerns continue to weigh on market sentiment, according to analysts at Santiment. Investors should brace for increased volatility...

March 11, 2025
Crypto News, Finance

ELX Crypto Soars 60% Ahead of Bithumb Listing – What is ELX?

Elixir’s (ELX) cryptocurrency has experienced a dramatic surge, rising by as much as 68% in the past 24 hours ahead of its upcoming listing on the South Korean exchange...

March 11, 2025
Crypto News, Finance

Texas Proposes Second Bitcoin Reserve Bill to Allocate $250M Investment

Texas state lawmakers have introduced a second Bitcoin reserve bill, HB 4258, which would allow the state’s Comptroller to invest up to $250 million in Bitcoin or other cryptocurrencies....

March 11, 2025
Crypto News, Finance

Bank of Korea Launches CBDC Pilot for 100,000 Consumers: Report

South Korea’s central bank is gearing up to launch a real-world transaction test for its central bank digital currency (CBDC) this month. The pilot program will involve 100,000 consumers...

March 11, 2025
Crypto News, Finance

Massive Dip: Strategy Stock Plummets 50% as Saylor Stays Bullish on BTC

Strategy’s stock has experienced a steep decline, shedding nearly 50% of its value since its peak in November 2024. Despite this downturn, the company continues its aggressive Bitcoin accumulation...