Fold Holdings has added 475 Bitcoin to its corporate treasury, increasing its total holdings to over 1,485 BTC. The acquisition, made through a convertible note issuance with a conversion price of $12.50 per share — more than double FLD’s March…
Fold Holdings has added 475 Bitcoin to its corporate treasury, increasing its total holdings to over 1,485 BTC. The acquisition, made through a convertible note issuance with a conversion price of $12.50 per share — more than double FLD’s March…
The cryptocurrency markets continued their descent this week, with prices across the board falling amidst unmet expectations in the industry.
The post This Week in Crypto: Trump’s crypto reserve, a missed opportunity? appeared first on CoinGeek.
World Liberty Financial (WLF), a decentralized finance (DeFi) project backed by the US President Donald Trump and family, has made headlines with a $20 million cryptocurrency acquisition, mainly Bitcoin and Ethereum, just hours before the White House’s first-ever Crypto Summit scheduled to take place today. According to a 7 March 2025 Bloomberg report, “A digital..
The post Trump’s World Liberty Invests $9.9M In Bitcoin, $10.1M In Ethereum Hours Before Crypto Summit appeared first on 99Bitcoins.
The Bitcoin Policy Institute (BPI) has proposed an unconventional approach to bolstering the US government’s Bitcoin reserves—selling off the country’s Strategic Cheese Reserve. In a March 7 post on X, the BPI suggested that the US could use proceeds from liquidating its cheese stockpile to fund Bitcoin purchases. According to the Institute: “America should immediately […]
The post US urged to sell government’s 1.4 billion lbs of cheese reserves to buy Bitcoin appeared first on CryptoSlate.
Emirates NBD, Dubai’s state-owned bank, has started offering crypto trading services through its digital bank subsidiary, Liv Bank. A key factor driving this is the increased interest of millennials and Gen Z in alternative assets, including private equity, private debt, real estate, and infrastructure. On 6 March 2025, Liv Bank, Aquanow, and Zodia Custody made..
The post Dubai’s State-Owned Bank Launches Crypto Services Through Digital Subsidiary Called Liv appeared first on 99Bitcoins.
David Sacks estimated that the US government holds around 200,00 Bitcoin He said the US won’t sell any Bitcoin deposited into the Reserve The Digital Asset Stockpile will hold digital assets other than Bitcoin forfeited in criminal or civil proceedings US President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve and […]
The post President Trump signs executive order for a Strategic Bitcoin Reserve appeared first on CoinJournal.
On-chain data shows the exchanges have witnessed net Bitcoin outflows through the latest volatility, a sign that could be positive for BTC’s price. Bitcoin Exchange Netflow Has Been Negative Recently According to data from the market intelligence platform IntoTheBlock, Bitcoin has been leaving exchanges recently. The on-chain metric of relevance here is the “Exchange Netflow,” which measures the net amount of BTC entering into or exiting out of the wallets associated with all centralized exchanges. When the value of the indicator is positive, it means the investors are making net deposits of the cryptocurrency into these platforms. As one of the main reasons why holders transfer their tokens to exchanges is for selling-related purposes, this kind of trend can have a bearish impact on the BTC price. Related Reading: This Bitcoin Price Range Could Be The Bulls’ Final Defense Line, Report Says On the other hand, the metric being under the zero mark suggests the outflows are overwhelming the inflows. Generally, investors take their coins off into self-custody when they plan to hold into the long term, so such a trend can prove to be bullish for the asset. Now, here is a chart that shows the trend in the Bitcoin Exchange Netflow over the past week or so: As is visible in the above graph, the Bitcoin Exchange Netflow saw a spike into the positive region on the 27th of last month, but the metric has since remained in the negative region. This trend has maintained despite the fact that the asset has been observing volatility in both directions recently. Thus, it would appear that the investors are still bullish on the cryptocurrency. “Despite the recent market fear, traders have shown conviction in BTC, withdrawing nearly $900 million worth of Bitcoin from exchanges in the past 7 days,” notes the analytics firm. While exchange inflows can be bearish when it comes to volatile assets like BTC, the same doesn’t hold true in the case of stablecoins, digital assets that have their value tied to fiat. Usually, investors who hold these coins eventually plan to invest into the volatile side of the market. Once they feel the time has come, they deposit into the exchanges to swap to the tokens of their choice, thus providing a buying pressure to their prices. Related Reading: Litecoin Whale Deposits 500,000 LTC To Binance: Price Decline To Extend? As such, an increase in stablecoin inflows can be a positive sign for Bitcoin and other cryptocurrencies. This trend has recently been developing in the sector, as an analyst has pointed out in a CryptoQuant Quicktake post. As displayed in the above chart, the Binance Stablecoin Exchange Reserve, a metric that keeps track of the total amount of these fiat-tied tokens sitting in the wallets of the Binance platform, has jumped to a new all-time high (ATH) recently. BTC Price Bitcoin has been unable to sustain recovery as its price has once again dipped to $88,600. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
Auctioning off naming rights to national landmarks offers a proactive, budget-neutral boost, echoing President Trump’s call to harness digital assets for American prosperity. On March 6, 2025, President Donald J. Trump signed an Executive Order establishing the Strategic Bitcoin Reserve…
Texas took a step closer to accepting Bitcoin reserves as the state Senate voted on the Bitcoin Reserve bill. The bill received 25 votes in support and 30 against, meaning that it received strong bipartisan support. The bill is sent […]
The post Texas Senate Approves Bitcoin Reserve Bill, Moves to House Vote appeared first on Coinbackyard.
Méliuz, a Brazilian fintech and publicly traded company, has allocated 10% of its cash reserves to Bitcoin, which represents a substantial advancement in the cryptocurrency sector. Méliuz is now a part of an increasing number of corporations that regard Bitcoin as more than a mere speculative asset. Related Reading: Mt. Gox Stirs The Market With […]