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On 6 March 2025, the President of the United States, Donald Trump, signed an executive order establishing a strategic Bitcoin reserve, positioning the cryptocurrency alongside traditional assets such as gold and oil within the nation’s reserves. This groundbreaking move signifies the formal recognition of Bitcoin as a significant financial instrument, solidifying its role in the…
On 12 March 2025, prominent cryptocurrency analyst Crypto Rover (@rovercrc) forecasted a significant price rebound for Bitcoin (BTC). This prediction aligns with recent market trends suggesting a potential upward movement for the leading cryptocurrency. At 10:45 AM UTC on the same day, Bitcoin’s price dipped to a low of $56,321 before recovering to $58,450 by…
Financial markets faced a sharp downturn on 10 March 2025, as both cryptocurrency and technology stocks suffered significant losses amid growing recession concerns. JPMorgan economists have raised the likelihood of a U.S. recession to 40%, up from 30% earlier this year, citing increased risks stemming from current economic policies and global uncertainties. The Nasdaq Composite…
The recent executive order by U.S. President Donald Trump to establish a strategic Bitcoin reserve has sent ripples through global financial markets, with significant implications for Indonesia’s burgeoning cryptocurrency sector. U.S. Establishes Strategic Bitcoin Reserve On Thursday, President Trump signed an executive order to create a strategic Bitcoin reserve, funded by Bitcoin seized in criminal…
Bitcoin has once again entered a critical trading range, according to prominent cryptocurrency analyst Crypto Rover. This development is being closely monitored by traders and investors, as it could indicate significant market movements in the coming weeks. According to Crypto Rover, Bitcoin’s return to this key price range suggests increasing market volatility and could either…
Russia has reaffirmed its commitment to traditional assets, particularly the Chinese yuan and gold, for its National Wealth Fund (NWF), rejecting the inclusion of Bitcoin and other cryptocurrencies due to their volatility. Deputy Finance Minister Vladimir Kolychev stated that Russia has no plans to incorporate cryptocurrencies into the NWF, emphasising a continued focus on gold…
Metaplanet, a leading Japanese investment firm, has strengthened its Bitcoin holdings by purchasing an additional 497 BTC, valued at approximately $43.9 million, at an average price of $88,448 per coin. This strategic acquisition increases Metaplanet’s total Bitcoin reserves to 2,888 BTC, acquired at an average price of $83,172 per coin, amounting to a total investment…
Arthur Hayes, the former CEO of BitMEX and a prominent cryptocurrency analyst, has forecasted a potential correction in Bitcoin’s price to approximately $70,000. Despite this anticipated downturn, Hayes remains optimistic about Bitcoin’s long-term prospects, suggesting that the cryptocurrency could eventually reach new record highs. Liquidity Concerns and Market Dynamics Hayes attributes the potential decline to…
Bitcoin is a decentralised digital currency that allows users to send and receive payments without relying on a central authority, such as a bank or government. Introduced in 2008 by an anonymous entity known as Satoshi Nakamoto, Bitcoin has since revolutionised the financial landscape by providing a peer-to-peer payment system. How Does Bitcoin Work? Bitcoin…
On 4 March 2025, the prominent Twitter account WallStreetBulls (@w_thejazz) issued a bold prediction forecasting a significant Bitcoin (BTC) crash expected to occur in July 2025. The post emphasised the severity of the anticipated downturn, advising traders to prepare for potential disruptions in the cryptocurrency market. However, the prediction lacked specific reasoning or supporting data,…