The cryptocurrency landscape has experienced significant events over the past 24 hours, influencing market dynamics and investor sentiment.
EU Retaliatory Tariffs Threaten Bitcoin Correction to $75K.
Analysts warn that the European Union’s recent retaliatory tariffs could drive Bitcoin’s price down to $75,000. The “tariff noise” is expected to pressure global and cryptocurrency markets until after April 2, limiting investor risk appetite.
Bitcoin Whales Hint at $80K ‘Market Rebound’ as Binance Inflows Cool.
Large Bitcoin $BTC holders, known as whales, suggest a potential market rebound to $80,000 as inflows to Binance, a major cryptocurrency exchange, decrease. This trend indicates a possible easing of selling pressure and a shift towards accumulation.
XRP ETF: Funds Awaiting SEC Approval.
Franklin Templeton has become the ninth firm to file for an $XRP Exchange-Traded Fund (ETF) on March 11. Major firms like BlackRock have yet to join the race, highlighting growing interest in XRP-based investment products.
Securitize to Bring BUIDL Tokenized Fund to DeFi with RedStone Price Feeds.
Securitize has selected RedStone, a decentralized finance (DeFi) oracle provider, to integrate price feeds for its BUIDL tokenized fund. This collaboration aims to enhance transparency and efficiency in DeFi investments.
Bitcoin’s Next Catalyst: End of $36T US Debt Ceiling Suspension.
The upcoming end of the $36 trillion US debt ceiling suspension on March 14 could inject fresh liquidity into markets, potentially boosting Bitcoin’s price. However, global trade tensions pose potential risks.
Bank of Russia Proposes Crypto Purchases for Select Investors
The Bank of Russia plans a three-year crypto trial for select investors under an experimental legal regime to regulate digital currencies and enhance market transparency.
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Stay patient, stay strong, and may your investments multiply!
