Bitcoin Financial News

As crypto prices pick up on Monday and Bitcoin (BTC) pushes back to the north of $70,000, investors are hunting feverishly for the best crypto to buy today to secure quick gains.

Digital asset investment products experienced a record outflow of $942 million from March 16 to 22, marking the end of a seven-week streak of substantial inflows totaling $12.3 billion. 

Bitcoin has shown resilience, rebounding to the $67,000 mark after the Federal Reserve's decision to maintain key interest rates for the fifth consecutive meeting. However, this upward trajectory was short-lived as Bitcoin promptly retreated to the $65,000 level, spurred by a strengthening US dollar possibly catalyzed by the Swiss Central Bank's decision to reduce interest rates by 25 basis points. Additionally, the outflows on Bitcoin spot ETFs especially from Grayscale’s GBTC rose contributing to the downward trend. Despite these temporary setbacks, Bitcoin has managed to sustain itself above the critical $60,000 threshold, showcasing impressive growth of 26% over the past month and a staggering 133% over the past year. The next support level would be around $64,000, with resistance expected at $67,300. Concurrently, Ethereum hovers around the $3,500 mark, with bullish sentiments aiming to reclaim levels above $3,600, potentially triggering an upward trend.

Bitcoin price rose on Monday, recovering a measure of losses from last week as sustained capital flows into exchange-traded funds and anticipation of the upcoming “halving” buoyed the world’s largest cryptocurrency. In addition, BlackRock (NYSE:BLK)'s venture into asset tokenization and the initiation of a global central bank easing cycle also contributed to bullish pressure.

Marathon Digital Holdings CEO Fred Thiel warned that smaller miners will face financial strain following the Bitcoin halving event in April.

NuggetRush (NUGX) has rapidly gained popularity as an NFT project, offering high-value rewards, unique gaming experiences, and opportunities for team collaborations. On the other hand, Starknet (STRK) recently launched an experts’ committee to enhance its gaming initiatives.

It’s not just the “YOLO” retail traders of the world who are jumping back into cryptocurrency markets. Hedge fund clients of Goldman Sachs are, too. 

Goldman Sachs’ hedge fund clients are reportedly showing increased interest in crypto derivatives, spurred by the resurgence of the crypto market.

It’s been a crypto-rific week for most traders.    The success of most cryptocurrencies in the past week’s bull run have placed all eyes on Bitcoin (BTC) and top altcoins.    However, through the madness of the bull run, some investors have still been Dollars Cost Averaging into a particular token presale.  That consistent flow of investments has now pushed that new ICO, for the Mollars token , past the milestone of 51% of the presale token supply being sold out.

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Investing.com — Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for PepsiCo, Riot Platforms and Kingsoft Cloud; downgrade for Nuscale Power .

ETMarkets Emerging Investment Opportunities' event, held in collaboration with Mudrex, concluded on March 20, 2024, in Bengaluru, marking a successful gathering of investment advisors, mutual fund advisors, equity traders, wealth advisors, and distributors of wealth products. This event served as a platform for participants to glean insights into diversification, risk management, and cryptocurrency prospects from esteemed wealth experts. With the vision of India's Amrit Kaal, an era promising significant growth and attracting 14 crore new investors, 'ETMarkets Emerging Investment Opportunities' provided a comprehensive platform to explore diverse asset classes beyond traditional equities.

Bitcoin halving are around the corner, making the space favourable for growth and change. Crypto prices are surging on multiple factors, including cyclical surges, investor interest in spot bitcoin ETFs, and the Bitcoin halving event in April this year. As crypto matures and emerges as a solid asset choice, investors must adapt to cyclical shifts and make informed choices and strategic changes to ensure portfolio growth. In this context, investors must be more in tune with two critical facets of crypto research, fundamental and technical analysis, and use these methods effectively.

Pikamoon’s ($PIKA) strategic launch on leading tier 1 exchanges, aligned with the next crypto bull run and widespread positive sentiment, uniquely positions the project for significant success.

The US Securities and Exchange Commission (SEC) Chair Gary Gensler has criticized crypto industry participants for avoiding registration requirements with the regulator.

As Bitcoin continues to shape the cryptocurrency landscape, its influence extends to altcoins like Solana (SOL), which recently rebounded from the $170 mark, hinting at a potential end to the recent sell-off.

In a Friday discussion at the Bitcoin Investor Day in New York, Mike Novogratz, CEO of Galaxy Digital, shared insights on why he thinks Bitcoin is likely to continue trending higher.

Bitcoin's price action is currently under the influence of US spot Bitcoin Exchange-Traded Funds (ETFs) and the highly-anticipated rewards-halving event.

As Bitcoin (BTC) continues to struggle in the face of continued elevated outflows from Grayscale’s Bitcoin Trust ETF (GBTC), traders hunting for quick returns are parsing through the altcoin markets for the best crypto to buy today.

With major cryptocurrencies struggling on Friday as focus returns to heavy and largely GBTC-driven spot Bitcoin ETF outflows, traders looking to turn quick exponential profits continue to flock to the on-chain shitcoin markets as they hunt for top crypto gainers today.