Bitcoin Financial News

Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, believes the biggest reason people remain poor isn’t a lack of opportunity—it’s the Fear of Making Mistakes (FOMM). In a recent tweet, he warned that this fear prevents many from taking advantage of what he calls the greatest wealth creation event in history: Bitcoin.

crypto market. As of 10:21 am IST on Friday, the token was trading 2.3% lower at $11.07, a steep drop from its all-time high of $75.35, recorded on January 19, 2025. Prominent economist and Bitcoin critic Peter Schiff took to social media to warn that more Americans will lose money in crypto than ever before, linking the losses to the growing influence of U.S. President Donald Trump in the digital asset space. Schiff specifically criticized the Strategic Bitcoin Reserve and the overall crypto industry, alleging that they are being used to lure retail investors into highly speculative investments.

Now, imagine that conversation happening not at a dinner table, but inside India’s central bank or finance ministry. The regret isn’t about an individual’s lost opportunity, but about our failure to act as a nation. India, often touted as one of the fastest-growing economies and a future global powerhouse, has yet to secure its stake in the digital asset revolution. By not investing in cryptocurrencies, India risks missing out on one of the most asymmetric financial opportunities of the century.

Bitcoin and major cryptocurrencies declined on Friday as escalating geopolitical tensions and concerns over US tariffs dampened investor appetite for risk. Global policymakers struck a cautious tone amid central bank meetings this week, highlighting economic and political uncertainty. The US Federal Reserve, Bank of Japan, and Bank of England all kept interest rates unchanged, citing trade tensions and inflation risks.

The benchmark BSE Sensex added 899.01 points or 1.19% to close at 76,348.06, while the broader Nifty 50 index closed at 23,190.65, higher by 283.05 points or 1.24%.

XRP, the cryptocurrency associated with Ripple Labs, experienced a significant surge, reaching $2.52, following the US Securities and Exchange Commission's (SEC) decision to withdraw its appeal against the company. This development marks a pivotal victory for Ripple and has notably boosted investor confidence in XRP. The SEC initiated a lawsuit against Ripple in December 2020, alleging that the company had conducted an unregistered securities offering worth $1.3 billion through the sale of XRP tokens. This legal action had cast a long-standing shadow over XRP's market performance. However, the SEC's recent decision to drop its appeal effectively removes a major regulatory obstacle, allowing Ripple to operate with greater clarity and assurance.

Bitcoin Reserves are currently the talk of the town. These new-gen reserves around crypto assets shows the on-going paradigm shift in financial technology, and its adoption worldwide utilized in stabilizing national funds. Governments can now validate the proof of digital assets for the public and at the same time diversify portfolios, mitigating risks associated with traditional market risks. This approach has gained traction globally, with recent developments in the United States potentially influencing other nations and maybe can do the same in India.

The Fed left interest rates unchanged on Wednesday, as widely expected, while maintaining its projection for two quarter-percentage-point cuts by year-end. Policymakers, however, raised their inflation forecast and lowered economic growth expectations, citing risks from U.S. President Donald Trump's tariff policies.

Bitcoin price has gone down from all-time high of around $110,000 to a threshold of almost $80,000 but experts are predicting that the most popular Cryptocurrency may hit $250,000-mark by the end of 2025, as per a report. While there have apprehensions about a major fall in Bitcoin price, Cryptocurrency experts have predicted that the Donald Trump administration is likely to store the high-profile cryptocurrency even as Federal Reserve could well intervene to restore some semblance of order, Forbes reported. Bitcoin price could well peak to $250,000 by the end of the year once the Federal Reserve takes stern measures, Forbes reported quoting crypto trader Arthur Hayes. Earlier in March, U.S. President Donald Trump signed an executive order to establish a strategic bitcoin reserve, a day before meeting with executives from the cryptocurrency industry at the White House. The reserve will be capitalized with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings, the White House crypto czar, billionaire David Sacks, said in a post on social media platform X.

Bitcoin critic Peter Schiff, this correlation could spell trouble for the world’s largest cryptocurrency if the Nasdaq enters a bear market.

Binance CEO Changpeng Zhao (CZ) delivered a sobering take on the crypto market this week, arguing that only a sliver of participants will thrive in the long run. Responding to a viral X post by crypto influencer EmperorBTC, who dissected investor psychology, CZ doubled down on his view that even knowledgeable traders struggle to outpace Bitcoin—let alone the majority who he claims lack strategy or discipline.

Among them, Dawgz AI ($DAGZ) is making waves by combining AI and blockchain in a unique way. But it’s not the only one. Several other altcoins are also showing potential for big gains this year. Let’s dive into the top crypto to buy in 2025: 1. Dawgz AI ($DAGZ)

JM Financial has reiterated its 'Buy' rating on Varun Beverages with a target price of Rs 675, implying 38% upside from the previous day's closing price. The brokerage believes the recent 30% correction in the stock is overdone, citing strong growth drivers in both domestic and international markets. The Indian beverage market, with an estimated size of 2.4 billion cases, is largely a duopoly, with Coca-Cola and PepsiCo holding a combined market share of around 80-90%. However, competitive intensity has increased following the relaunch of Campa by Reliance Consumer Products in March 2023.

Bitcoin recently hit a low of $76,600, raising concerns across the crypto community about its future trajectory. This decline briefly pushed the asset below its 200-day moving average, marking a significant shift from its record-breaking rally to an all-time high of $109,200. Over the past few weeks, Bitcoin has corrected by more than 25%, bringing its total market capitalization down to $1.53 trillion. While short-term factors such as stronger-than-expected CPI data, increased job availability in the US, and other macroeconomic developments have led to temporary relief rallies, Bitcoin has yet to regain its bullish momentum.

Bitcoin (BTC) and major cryptocurrencies showed mixed trends on Monday, 17th March, as the market remained cautious ahead of key economic events. While Bitcoin, Ethereum, XRP, Solana, Dogecoin, and Cardano declined up to 4.5%, BNB, Toncoin, Hedera, Litecoin, Polkadot, and Shiba Inu posted gains of up to 5%. As of 10:53 am IST, Bitcoin was down 0.7% at $83,698, while Ethereum slipped nearly 1% to $1,907. The global cryptocurrency market cap dropped 0.78% to approximately $2.74 trillion over the past 24 hours.

Donald Trump to create a “strategic Bitcoin reserve and digital assets stockpile” has sent the crypto enthusiasts in India into a tizzy. Hoping to cash in on what they believe could be the next big rally, they have led a surge in trading volumes, with CoinDCX reporting a 36% hike and Mudrex registering a 30% spike. While the reserve will only include Bitcoin, already owned by the US government, not acquired or actively bought, the digital asset stockpile will consist of tokens other than the Bitcoin—Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA), which will also not be acquired. The announcement is significant because it’s the first time that Bitcoin has been recognised as a reserve asset of the US government. “This sends a powerful message to the world about how blockchain and digital assets are becoming mainstream,” says Sumit Gupta, co-founder of CoinDCX. Agrees Edul Patel, Co-founder of Mudrex: “There is a strong future for crypto and Bitcoin globally, not just in the US.”

Strategic Bitcoin Reserve" in the United States is further proof of President Donald Trump's support for the cryptocurrency sector. Trump earlier this month signed an executive order establishing the reserve, which White House crypto chief David Sacks has likened to «a digital Fort Knox», comparing it to the stockpiling of gold bars at the US military base. Gold is held in reserves by countries worldwide as the metal is seen as a safe-haven asset, protecting against financial instability such as high inflation. The metal on Friday surpassed $3,000 per ounce for the first time, boosted by an uncertain economic outlook amid Trump's tariffs. Gold reserves can help also stabilise a country's currency, while bars are used as collateral for loans and transactions.

The dust up between FTX founder Sam Bankman-Fried and Terry Duffy, the boss of the US’s largest futures and options exchange, was emblematic of Wall Street’s skepticism then about a new generation promoting digital assets and the crypto bigwig’s plans to change the way derivatives trade.

David Sacks, President Donald Trump’s adviser for artificial intelligence and cryptocurrencies, and his venture-capital firm Craft Ventures have divested more than US$200 million worth of holdings related to the digital-asset industry, according to a memo released by the White House.

Pi Network Coin rose 13% to $1.68 on Thursday, partially recovering from recent losses. However, the cryptocurrency remains down 44% from its all-time high of $2.98, underscoring ongoing volatility in the broader crypto market. The crypto market rebounded strongly, with Bitcoin surging to $84,000 and XRP rising 4%, while Ethereum, BNB, and Solana also posted notable gains.