Bitcoin | Crypto

Bitcoin held near $70,000 despite oil price briefly trading around $100 a barrel, a move that would once have pushed crypto sharply lower under the usual macro playbook. According to CryptoSlate's data, the flagship digital asset climbed a modest 0.3% over the last 24 hours, reaching as high as $71,337 before retracing to $69,803 as […] The post Bitcoin set up for rip to $80,000 even as oil prices surge and Iran threatens $200 a barrel appeared first on CryptoSlate.

The price of crypto king Bitcoin continues to trade above $70,000 despite ongoing war-related inflation fears.At the same time, the SEC and CFTC are now harmonizing their crypto approach in a sign that the U.S. CLARITY Act could pass the Senate soon.When that happens, the US is likely to have the most comprehensive crypto approach […] The post Crypto Price Prediction Today 12 March – XRP, Bitcoin, Ethereum appeared first on Cryptonews.

Retail traders are selling Bitcoin at losses while long-term holders remain inactive, a split analysts say could tighten supply conditions.

While geopolitical tension and weak labor data are hurting market sentiment, institutional buying below $75,000 may soon exhaust sellers and spark a bull run. Bitcoin (BTC) failed to break beyond $71,000 on Thursday, partially driven by the decline in the US stock market, with BTC funding rates dropping deeper into negative territory. Key takeaways: Bitcoin bears show high conviction as funding rates drop, but steady institutional buying keeps sellers in check. Read more

US lawmakers are eyeing tax exemptions for US dollar stablecoins, which are pegged and do not change in value, but not other cryptocurrencies. Executives at Coinbase have denied allegations that the crypto exchange is blocking a de minimis tax exemption for Bitcoin (BTC) transactions below a certain threshold to push for stablecoin tax exemptions. Several Bitcoin advocates speculated on social media that the exchange told US lawmakers that a BTC tax exemption is not needed because BTC is not widely used as a medium of exchange. Coinbase CEO Brian Armstrong responded by calling the allegations “totally false” and a form of misinformation. Read more

Bitcoin is beating gold and stocks since the crisis began—and institutions are taking notice.

A looming private credit crisis risked triggering liquidity crunches that could initially suppress Bitcoin prices, but Fed interventions may ignite a major BTC rally. There is a growing risk that a looming crisis in the private credit market, fueled by rising redemptions and defaults, could spill over into Bitcoin (BTC) and crypto markets, according to analysts. Key takeaways: The $2 trillion private credit sector faces a crisis from defaults, redemptions, and limited oversight. Read more

The United States spent in the first six days of its war with Iran an amount equal to nearly half the current market value of the Bitcoin held by the federal government. The administration told lawmakers this week that the war cost at least $11.3 billion through its first six days, Reuters reported on March […] The post White House admits Iran war burned equivalent of half the US Bitcoin reserve in 6 Days appeared first on CryptoSlate.

Research shows that only 8% to 10% of global Bitcoin hashrate runs in oil-sensitive power markets, suggesting that geopolitical shocks may affect BTC prices more than mining costs.

Bitcoin showed early signs of overtaking gold in the market as new data outlined an opportunity based on historical returns around the US midterm elections. Bitcoin’s (BTC) long-term price trend against gold shows a bullish shift after retracing to a level previously seen in 2017, 2022, and 2023. The potential trend change appears alongside what analysts describe as an “opportunity within risk.” MN Capital founder Michaël van de Poppe noted that the Bitcoin-to-gold ratio is showing strength after forming a bullish divergence with the relative strength index (RSI) on the daily chart. A bullish divergence occurs when the price forms lower lows while momentum indicators such as the RSI form higher lows. The setup signals fading selling pressure. Read more

Ark and Unchained say about one-third of the Bitcoin supply remains exposed to future quantum threats, though the risk is still years away. US investment manager Ark Invest claims that the lion’s share of the Bitcoin supply is already safe from the quantum computing breakthrough, leaving ample warning signals for builders to quantum-proof the rest of the supply. Around 65.4% of the Bitcoin (BTC) supply is not vulnerable to the threat of a quantum computing breakthrough, but about 34.6% of the BTC supply remains at risk, according to a Wednesday white paper published by Ark Invest and Bitcoin-focused financial services company Unchained. This includes around 5 million BTC, or 25% of the total supply, assumed migratable due to address re-use, and 1.7 million BTC, or 8.6% of the supply, assumed lost in P2PK (Pay To Public Key) addresses, the earliest form of transaction script on the Bitcoin blockchain, which locked funds directly to public keys. Another 200,000 BTC (around 1%) is assumed to be migratable due to...

Bitcoin reacted in kind to calm US macro data, while oil stayed volatile amid uncertainty over the duration of the Middle East conflict. Bitcoin (BTC) circled $70,000 into Thursday’s Wall Street open after US jobs data matched expectations. Key points: Bitcoin shrugs off more US macro data as jobless claims copy flat CPI numbers. Read more

The issuer behind the USDT stablecoin joined a $5.2 million funding round for Ark Labs, backing software that could let stablecoins move and settle on Bitcoin rails.

President Donald Trump's announcement of the first major new US oil refinery in nearly 50 years arrives as gasoline prices have become a political problem and energy has turned inflationary again. The Brownsville project is being pitched as an industrial revival and consumer relief. Still, the sharper question is whether a refinery that won't produce […] The post US gets first new oil refinery in 50 years but it will come too late for Bitcoin appeared first on CryptoSlate.

Binance Research says US midterms could set up a rebound for Bitcoin and stocks, though oil shocks and Middle East tensions may weigh near term. Update March 12, 1:21 pm UTC: This article has been updated to include comments from Gracy Chen, CEO of crypto exchange Bitget. The US midterm elections may be the next catalyst to kickstart the crypto and stock market recovery, according to historical data shared by Binance Research. According to a Wednesday report from Binance Research, US midterm election cycles have historically been followed by strong rebounds in stocks and Bitcoin (BTC), potentially setting up a recovery window for risk assets after the 2026 vote. Read more

Ray Dalio argues Bitcoin cannot replace gold as a store of value, citing central bank demand, market maturity and Bitcoin’s risk-asset behavior. Ray Dalio argues that Bitcoin cannot replace gold as the world’s primary store of value because gold has thousands of years of history as money and remains deeply embedded in the global financial system. Gold’s role in central bank reserves gives it institutional legitimacy that Bitcoin currently lacks, making governments more likely to rely on gold during periods of economic uncertainty. Dalio believes Bitcoin behaves more like a risk asset, often moving alongside technology stocks and other speculative investments rather than acting as a traditional safe-haven during market turmoil. Read more

Chinese investors defrauded in the Zhimin Qian case are asking the UK High Court to reject a redress plan for 61,000 seized Bitcoin, saying it could deprive them of the assets’ gains. Victims of a Chinese investment fraud are challenging a United Kingdom proposal to compensate them through a Chinese redress scheme, arguing the plan could leave British authorities holding much of the upside from roughly 61,000 Bitcoin seized in a money-laundering investigation. According to the Financial Times, citing court documents, the dispute has moved into the UK High Court as groups representing victims seek to recover funds linked to the cryptocurrency seized by police in London. The Bitcoin (BTC) haul is now worth about 3.2 billion pounds ($4.3 billion) after rising sharply in value since the assets were confiscated. Law firm Candey, which represents about 5,700 victims, said the proposed compensation arrangement may not guarantee fair restitution. The fraud scheme itself reportedly affected more than 128,000 investors...

Bitcoin analysts said buyers were regaining control, but reclaiming $78,000 as support was key to reversing the overall downtrend. Market analysts say Bitcoin (BTC) is in a relief rally after its 17% recovery from multi-year lows below $60,000, but the $78,000 level is key to reversing the broader downtrend. Key takeaways: Bitcoin price is up 17% from sub-$60,000 lows as onchain data shows signs of returning demand. Read more

Global geopolitical tensions may be rattling markets, but after some carefully calibrated prompting, DeepSeek AI suggests the three biggest cryptocurrencies could still be heading for a very bullish year.Its data-driven outlook draws on improving technical indicators, positive industry developments, and a regulatory environment that is slowly becoming clearer.Here’s why DeepSeek’s predictions are gaining attention.XRP (XRP): […] The post China’s DeepSeek AI Predicts the Price of XRP, Bitcoin and Ethereum by The End of 2026 appeared first on Cryptonews.

Bitcoin is up about 7% from the Sunday lows, even as equities and gold tread water. Analysts point to seller exhaustion, shifting gold correlation and improving ETF flows.