Bitcoin Liquidity Drying Up as Market Adjusts to Sharp Correction
Glassnode reports a 54% drop in exchange inflows and declining futures interest amid macro uncertainty as Bitcoin liquidity fizzles.
Bitcoin’s market liquidity is tightening as the crypto continues to consolidate following a steep correction from its February peak above $102,000. On-chain data from Glassnode shows that capital inflows have slowed significantly, with liquidity conditions deteriorating across both spot and futures markets. Exchange inflows—a key measure of market activity—have dropped more than 54% from their cycle peak, reflecting lower investor participation, Glassnode wrote in a report on Tuesday. At the same time, open interest in Bitcoin futures has declined by 35%, falling from $57 billion at the market’s all-time high to $37 billion, signaling a reduction in leverage and speculative activity. The asset is down 23% from its January 20 all-time high near $109,000 and a further 15% over the last 30 days to $82,800, CoinGecko data shows. A major factor contributing to the liquidity crunch appears to be an unwinding of the cash-and-carry trade—a strategy in which traders arbitrage Bitcoin’s price premium in CME futures relative to spot prices. Another factor analysts point to is the shifting sentiment on macroeconomic developments abroad, a pivot from knee-jerk responses earlier in the month to President Donald Trump’s tariffs. “In the absence of fresh tariff headlines, geopolitics has returned to the forefront,” Singapore-based digital asset trading firm QCP Capital wrote in a note on Tuesday. “Israel’s renewed strikes on Gaza following a temporary truce have pushed goldsoaring past $3,000, while Bitcoin continues to exhibit a negative correlation,” it said. With the market shifting into a risk-off mode, institutional players are scaling back those positions, leading to ETF outflows and further downside pressure on Bitcoin’s spot price. The options market also reflects a growing preference for downside protection, with put options carrying higher implied volatility premiums than equivalent calls. Meanwhile, Short-Term Holders are experiencing substantial unrealized losses, prompting some to capitulate. Despite the broader sell-off, Long-Term Holders remain primarily inactive, Glassnode said, suggesting long-term conviction in Bitcoin’s value proposition remains intact. The Glassnode report notes that this cohort still holds a significant share of the network’s wealth, an atypical trend for this late in the cycle. Bitcoin now faces a delicate equilibrium: with declining liquidity and fading speculative activity, volatility could remain elevated in the near term. Whether fresh capital returns to support higher prices remains a key question as traders assess macroeconomic conditions and the broader risk environment. $BTC #BTC #CryptoTrends2025 #BTCanalysis
Expert Says Holding Just 1,000 XRP Could Be the Best Financial Decision of Your Lifetime
XRP community figure Edo Farina recently suggested that holding a few XRP tokens could lead to financial freedom. In a post on X, Farina argued that holding just 1,000 XRP tokens might be one of the best financial decisions one could make in their lifetime. “Holding just 1,000 XRP might be the best financial decision of your lifetime,” he wrote. As of now, XRP is trading at $2.33 per token, giving those holding 1,000 XRP a total value of $2,400. However, Farina’s message carries a deeper meaning.
Why Holding 1,000 XRP Is Seen as Crucial for Financial Freedom Farina suggests that crypto investors holding 1,000 XRP or more are in a better position to achieve financial success as the price of XRP increases. For example, if XRP reaches $100 per token, 1,000 tokens would be worth $100,000. This amount could serve as a substantial sum for retirement for some, especially when compared to someone holding just 100 XRP tokens. In several posts, Farina has emphasized the need for XRP holders to avoid holding fewer than 1,000 XRP tokens in their portfolios. Just last week, he tweeted that those holding fewer than 1,000 XRP should focus on increasing their income streams in order to consolidate their holdings to the 1,000-token mark, which he views as a minimum requirement. Notably, Farina is known as one of the most ambitious XRP enthusiasts. He has been vocal about his belief that XRP could someday reach a price of $10,000 per token. He has provided arguments for why he believes this price is inevitable in the future. In this scenario, wallets holding 1,000 XRP could potentially be worth $10 million—an amount sufficient for many people to retire. While this is speculative, it forms part of the reasoning behind Farina’s continued push for holders to keep at least 1,000 XRP tokens.
Don’t Sell XRP Too Early, Even at $20 Given this outlook, Farina has warned that selling XRP at $10 or $20 could lead to financial regrets. He compares such actions to selling Bitcoin at $500 years ago and missing out on the wealth that could have been accrued from Bitcoin’s current price, which is above $90,000. However, other market commentators disagree with this proposition. Some view the $10,000 price target as overly optimistic, while others believe that $20 per XRP would be a reasonable point to take profits. $XRP #XRP’ #cryptonewstoday #freedomofmoney #LongTermHolders
'Rich Dad Poor Dad' author predicts 'biggest crash in history', says he’s buying Bitcoin
On March 11, Kiyosaki posted on X, "THE EVERYTHING BUBBLE is bursting. I am afraid this crash may be the biggest in history." He predicted that this impending slump would be " bigger than the 1929 Crssh... a crash that led to the Great Depression." He explained that the crash could affect major economies like Germany, Japan, and the United States. Kiyosaki urges not to panic, although the outlook is bleak. Based on his experience through the 2008 financial crisis, he says that patience and watchfulness are warranted and will pay dividends since such downturns often show unique opportunities to invest. "In 2008, I waited…letting the panic and dust settle and then started to look for great real assets on sale... at Deep discounts," he reminisced. He intends to continue to accumulate real estate, gold, silver, and Bitcoin during this period as he considers these assets as hedges against the expected market crash. However, a historical review of Kiyosaki's market forecasts casts serious doubt about his claims. One such image circulating widely on social media provides a timeline of his crash warnings over the last ten years, overlaid on the climbing chart of the S&P 500 Index. He claimed that the financial system would break down, the property market would crash, and the stock market would crash as early as 2011. He said he has been predicting a market crash since 2002, and in 2020, he stated, "Everything is crashing." $BTC #BTC #cryptoTrends2025 #BullRunAhead #BuyTheDip
XRP Just Surpassed Ethereum’s Valuation, But There’s a Catch
XRP has surpassed Ethereum in valuation, but this applies solely to their fully diluted market caps, which account for their total supplies. Following its impressive run last November, XRP re-ignited optimism around its potential to surpass Ethereum in market capitalization. Notably, this confidence has concrete backing, as XRP has gained a massive 257% against Ethereum since November 2024. This run brought the “banker’s coin” impressively close to overtaking Ethereum, especially after it flipped Tether (USDT) months back to become the third-largest crypto asset. However, it still needed substantial growth to surpass its closest rival. Meanwhile, the recent downturn is already putting a reset on things, with XRP now relegated to fourth position.
XRP Overtakes Ethereum in FDV Interestingly, despite this market collapse, crypto analyst Miles Deutscher recently pointed out that XRP has overtaken Ethereum, but only on the fully diluted valuation (FDV) metric. For the uninitiated, an asset’s fully diluted valuation accounts for its market cap when considering total supply. The metric differs from the actual market cap, which only considers the asset’s circulating supply and is a true representation of its market worth. Data from CoinMarketCap confirms Deutscher’s claims. Specifically, Ethereumnow has a fully diluted valuation of $228.9 billion at press time, considering its total supply of 120.61 million tokens and the prevailing unit price of $1,899.66 per Ethereum. Meanwhile, in comparison, XRP boasts a fully diluted market cap of $231.18 billion, accounting for its total supply of 99.98 billion and the unit price of $2.31 per XRP. Notably, the $231.18 billion figure is $2.28 billion more than Ethereum’s value. In simpler terms, this indicates that if all the XRP tokens were in circulation, including the ones locked in Ripple’s escrow accounts, the asset’s market cap would have surpassed Ethereum’s. It is important to note that, in contrast, all the Ethereum tokens are currently in circulation.
When Does It Matter? However, this is not the first time XRP has surpassed Ethereum in FDV, with this feat occurring occasionally over the past few weeks. This is largely due to XRP’s increasing circulating supply, as more tokens leave the escrow accounts, as well as XRP’s impressive gains against Ethereum within this period. Nonetheless, XRP is not the only inflationary asset of the duo. For context, Ethereum is also currently inflationary due to the implementation of the Dencun upgrade, which leads to fewer transaction fees and a subsequent reduction in the amount of ETH burned. While XRP’s latest feat against Ethereum is not particularly noteworthy until it reflects in both assets’ actual market caps, the asset is currently in a good position to overtake ETH. At the current position, XRP price would need to rise 69% to $3.9 to surpass Ethereum’s market cap of $229.12 billion. DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses. $ETH $XRP #Ethereum #XRP’
Bitcoin Crash 2025, The Crypto Cycle Repeats: A Road Map
This is the third crypto cycle I’ve written about here on Forbes. So far, as you can verify, I’ve consistently been a bull at the bottom and a bear near the top. The thesis has been straightforward: bitcoin drives the entire crypto market, and the “halvening” event drives bitcoin’s price. Simply put, bitcoin’s price roughly doubles because the halvening cuts new bitcoin issuance in half. There’s always plenty of narrative and hype – lots of “blah, blah” – to make the rises seem more romantic or complicated, but my simple theory has yielded enough returns for me to ignore the noise. This supply cut creates a boom-and-bust cycle: BTC rockets upward and then crashes just as swiftly. So far, this simple logic has been all I’ve needed to consider. In this chart, you can clearly see the cycles and their progression. The circled areas represent the price levels I anticipate bitcoin might fall to; the higher values represent what I believe are more likely targets. A drop below $30,000 seems unlikely, although it’s hard to judge in these hyper-volatile times. This cycle isn’t destiny. As the 2021 cycle showed, events can intervene and disrupt the expected pattern. It’s important to recall that bitcoin serves as a flight-to-safety asset – when a country faces turmoil, wealthy individuals often buy crypto to move their assets without baggage or scrutiny. Bitcoin has become the ideal way to transfer large amounts of capital discreetly now that cash is increasingly problematic. However, I don’t trade on hope or “hodl and pray,” even if geopolitical events appear imminent. As we saw after the Afghanistan withdrawal in 2021, once that bitcoin rally ended, crypto fell back to the predictable lows associated with the halvening cycle. Here’s roughly how I expect things to play out: This roadmap isn’t set in stone, and if prices deviate significantly upwards from this scenario, that will be great news. Currently, there’s another important narrative to consider: the massive shifts in U.S. economic and political policy coming from Washington. These significant changes could intensify the natural bitcoin cycle downturn, leading to potentially epic lows. But again, we have a clear roadmap to judge whether reality sticks to or deviates from expectations. $BTC #BTC #CryptoNewss #BtcAnalaysis
Bitcoin Following ‘Megaphone Pattern’ – Is It Time To Accumulate BTC? Analyst Explains
According to an X post by crypto trader Merlijn The Trader, Bitcoin (BTC) is following the ‘megaphone pattern’, positioning the top cryptocurrency for potential upside momentum. However, BTC must stay above the $72,000 price level for the pattern to play out. Bitcoin Following Megaphone Pattern – Time To Buy? Earlier today, BTC tumbled below the critical $80,000 price level, hitting a low of $78,390 on the Binance cryptocurrency exchange. At the time of writing, the flagship digital asset has a total market cap of $1.57 trillion. Despite the recent slump, crypto analysts remain confident in BTC’s long-term bullish outlook. Sharing a monthly trading chart, Merlijn The Trader highlighted that Bitcoin is following the broadening wedge, also known as the megaphone pattern. For the uninitiated, the megaphone pattern, or broadening wedge, is a technical chart formation where Bitcoin’s price exhibits higher highs and lower lows, creating an expanding shape. This pattern signals increasing volatility and market indecision, typically preceding a strong breakout or breakdown. While there is a risk of BTC breaking down from its current range, historical trends suggest that the digital asset is likely to break out to a higher price range. The chart shows how BTC has historically broken to the upside – highlighted in green – from previous market cycle tops, successfully re-tested the breakout, and then entered a parabolic phase.
The chart also highlights that market cycle tops have typically coincided with an MVRV Z-Score trendline. Currently, the MVRV Z-Score is well below the red trendline, suggesting that BTC may still have room to rise before any significant correction. To explain, the MVRV Z Score for Bitcoin is a metric that compares the market value of BTC to its realized value, helping to identify overbought or oversold conditions. A high MVRV Z-score suggests Bitcoin may be overvalued, while a low score indicates it could be undervalued. According to the chart, BTC’s current MVRV Z-Score is around 2. In the last three market cycles, this score has typically topped slightly above 4. BTC Remains In Volatile Territory Despite US President Donald Trump following through on his promises of creating a favorable regulatory environment for cryptocurrencies and establishing a Strategic Bitcoin Reserve (SBR), the digital asset’s price has failed to reflect the positive developments. Experts believe that escalating tariff tensions and the possibility of a potential economic recession may be negatively affecting BTC’s price action. Coinbase analysts attribute BTC’s recent slump to the “absence of positive catalysts.” Further, crypto analyst Ali Martinez recently remarked that BTC may face further downside to $75,000 before it finds relief from the ongoing price correction. At press time, BTC trades at $78,500, down 4.5% in the past 24 hours.
Featured Image from Unsplash.com, Charts from X and TradingView.com $BTC #BTC
Dogecoin DOGE $0.1712 continued its slide and reached the $0.14 support on March 11. The bulls are trying to defend the level but may face selling at higher levels.
If the price turns down from the 20-day EMA ($0.20), it will suggest that the sentiment remains negative and traders are selling on rallies. That increases the risk of a break below $0.14. The DOGE/USDT pair may descend to $0.10 if that happens. $DOGE #DOGE #DOGEAnalysis
Cardano ADA $0.7318 rebounded off the uptrend line on March 11, suggesting that the bulls are trying to stop the decline.
The bears are unlikely to give up easily and are expected to sell at the moving averages. If the price turns down from the moving averages, it will signal selling on rallies. The bears will then try to strengthen their position by pulling the price below the uptrend line. If they do that, the ADA/USDT pair could drop to $0.60 and then to $0.50. Contrary to this assumption, a break and close above the moving averages suggests that the bulls are back in the game. The pair may then rally to $1.02.
SOL $126.61 turned up from $112 on March 11, signaling that the bulls are fiercely defending the $110 support.
The RSI shows early signs of forming a positive divergence, indicating that the bearish momentum could weaken. The first sign of strength will be a break and close above the 20-day EMA ($145). If the price turns down from the current level or the 20-day EMA, it suggests that every minor rally is being sold into. That increases the risk of a break below $110. The SOL/USDT pair could tumble to $98 and subsequently to $80. $SOL #Sol #solanAnalysis
BNB $573.25 turned up from $507 on March 11, indicating that the bulls are aggressively defending the $500 to $460 support zone.
The relief rally is expected to face selling at the 20-day EMA ($592). If the price turns down sharply from the 20-day EMA, the bears will try to sink the BNB/USDT pair below $500. The pair may drop to $460 if they can pull it off. Instead, if the price rises above the 20-day EMA, it will signal that the pair may remain inside the $460 to $745 range for a while longer. The bulls will be back in the driver’s seat on a break and close above the 50-day SMA ($628). $BNB #Bnb #BNBAnalysis
Ether ETH $1,907 fell below the $1,993 support on March 9 and extended the decline, reaching $1,754 on March 11.
The bulls are trying to start a recovery, which is expected to face significant resistance at the breakdown level of $2,111. If the price turns down sharply from $2,111, it will signal that the bears have flipped the level into resistance. That heightens the risk of a break below $1,754. The ETH/USDT pair may then slump to $1,500. Conversely, a break above the 20-day EMA ($2,235) suggests that the markets have rejected the break below $2,111. The pair may then climb to $2,800, where the bears are expected to step in. $ETH #Ethereum #ETHAnalysis
Bitcoin broke below the $78,258 level on March 10 and fell to $76,606 on March 11, but the bears could not sustain the lower levels. This suggests solid buying by the bulls.
The relief rally is facing selling near the 20-day exponential moving average ($87,262), but a minor positive in favor of the bulls is that the relative strength index (RSI) is showing a positive divergence. Buyers will have to drive the price above the 20-day EMA to suggest that the correction could be ending. The BTC/USDT pair may then ascend to the 50-day simple moving average ($94,654). On the downside, the bulls are expected to defend the $73,777 level with all their might because a break below it may sink the pair to $67,000. $BTC #BTC #BTCanalysis
XRP's value can rise and fall very quickly, even on little news. But the coin's volatility could be amped up even higher amid near-daily policy changes from the Trump administration. For example, Trump has threatened extensive tariffson Mexico and Canada over the past two months but has twice walked back some of the tariffs at the last minute. That's causing a lot of angst among investors, who are looking for signals as to where they should put their money. I think this uncertainty could damage crypto prices as investors tighten up their speculative buying and focus on safer places to put their money. That said, XRP could still rise higher over the next year if the crypto regulatory environment continues to soften and if the coin gains further institutional approval after being added to the strategic reserve. Just keep in mind that if you own XRP it's likely to be a wild ride. $XRP #XRPPredictions #XRPBreakout
The value of XRP (XRP 1.67%) coin, which came out of Ripple Labs, has skyrocketed over the past three years, surging 324% (as of this writing). XRP's price has risen as more institutions have adopted the Ripple network, which allows for real-time, cross-border payments and currency exchanges. Recent moves by the U.S. government to deregulate cryptocurrencies have also had a significant impact on its price. But what are the potential catalysts that could drive XRP higher over the next year? I think there are two that could be a boon to the coin's value and one reason why XRP's value might continue to experience volatility. Catalyst 1: A new U.S. crypto reserve includes XRP This catalyst is likely top of mind for XRP investors. President Donald Trump recently signed an executive order establishing a federal cryptocurrency reserve and digital assets stockpile for the first time ever. While the official order talks specifically about Bitcoin as the primary digital asset in the reserve, Trump said on social media that other coins will be in it as well, including XRP. There's some debate in the crypto world as to whether or not it's a good idea to include smaller and more volatile tokens in the reserve, and the news didn't immediately cause much of a change in XRP's price. But the impact could be felt further down the road. More financial institutions could begin to see XRP as more of a legitimate cryptocurrency to own if the U.S. government holds it in reserve. There's still a lot we don't know about the details of the digital strategic reserve, but if there's a significant amount of XRP in it, or more gets added to it, it's easy to imagine the coin's value getting a boost. Catalyst 2: The U.S. government drops its case against Ripple The Securities and Exchange Commission (SEC) currently has a legal action pending against Ripple Labs over whether or not its coin is a security. The SEC has claimed that Ripple's sales of XRP constituted an unregistered securities offering, which violates federal securities laws. Investors are hoping that with the SEC beginning to take a more open stance toward cryptos, it might eventually drop its charges against Ripple. This will likely come down to whether or not the acting chair of the SEC, Mark Uyed, wants to drop the case, but so far Uyed hasn't mentioned it. However, there's growing optimism that it could still happen, considering the SEC has backed away from cases against Coinbase Global, Robinhood Markets, and Uniswap recently. Dropping the charges against XRP could clearly be a catalyst for the digital token and could likely cause more investors who are waiting on the sidelines to buy the crypto. $XRP #XRPPredictions #XRPGoal
The video-sharing platform's purchase forms part of its plan to allocate up to $20 million to Bitcoin. Video-sharing platform Rumble added $17.1 million in Bitcoin to its corporate treasury, aligning itself with a crop of publicly traded companies that have added the world's oldest cryptocurrency to their balance sheets. The Nasdaq-listed firm purchased roughly 188 Bitcoin for its treasury at an average price of $91,000 per token, the company said Wednesday in a statement. The Bitcoin is now worth about $15.5 million based on Wednesday’s price. The move forms part of Rumble’s plan to allocate up to $20 million of its excess cash reserves to Bitcoin. “These holdings have the potential to serve as a valuable hedge against inflation and will not be subject to dilution like so many overprinted government-issued currencies,” Rumble Chairman and CEO Chris Pavlovsk said in the statement. Rumble’s investment in Bitcoin comes as a growing number of publicly traded companies adopt a similar strategy to Strategy (formerly MicroStrategy), which pivoted its focus from software several years ago to become a Bitcoin treasury that now holds more than 444,000 Bitcoin, according to crypto data provider CoinGecko. Tesla, and Semler Scientific are among those firms that have accumulated large stockpiles of bitcoin in recent years. Rumble announced its plan to pour funds into Bitcoin late last year, around the time the asset sailed to an all-time high of nearly $109,000. Although Bitcoin's price has more than 20% since then, according to CoinGecko data, the token rebounded above $83,000 on Tuesday, amid pro-crypto regulatory developments in the U.S. With Bitcoin’s price down from earlier levels, some companies are buying the dip. Metaplanet, for example, revealed Wednesday that it recently allocated an additional $13.2 million of its funds to Bitcoin. And Srategy earlier this week introduced a plan to sell $21 billion in stock to purchase more Bitcoin. In its statement, Rumble called Bitcoin a “valuable tool for strategic planning” as it aims to expand into the cryptocurrency world. “We are proud to officially hold Bitcoin as we continue to grow and engrain crypto into our company’s DNA,” Pavlovsk said. Rumble's shares are trading at $7.94 as of writing time, up roughly 2% in the past 24 hours. $BTC #BTC #BullRunAhead #BuyTheDip
Strategy Just Blew $21 Billion Buying Bitcoin. Now It's Paying The Price.
Strategy (MSTR) has spent $21.2 billion since Nov. 10 to buy bitcoin whose value has fallen to around $17.3 billion as of Monday afternoon, an Investor's Business Daily analysis of company filings indicate. MSTR stock dived Monday as the bitcoin price tumbled to its lowest level of the year and Strategy announced plans to reload its arsenal for buying the cryptocurrency, albeit on less favorable terms. Strategy, formerly known as MicroStrategy, said Monday that it hasn't bought any bitcoin since Feb. 23. The pause by the company that's been called a bitcoin market "whale" is contributing to the sell-off after the White House crypto summit came and went without any commitment by the Trump administration to add to the government's existing holdings of bitcoin or other cryptocurrencies. The bitcoin price is currently around $83,220 Strategic Bitcoin Reserve The bitcoin price could retreat further without the hoped-for rocket fuel of government purchases, though such buys could still happen. President Donald Trump's order will pave the way for a Strategic Bitcoin Reserve comprising current cryptocurrency holdings due to law enforcement activity. He also tasked the secretaries of treasury and commerce with developing "budget-neutral strategies" to acquire additional bitcoin, as long as they impose no costs on taxpayers. There's speculation that Trump could exchange some of the nation's gold reserves for bitcoin. However, any government buying of bitcoin, even if it's just a shift from one financial asset to another, might be politically problematic at a time that Trump and the Republicans are trying to slash federal spending and Medicaid cuts are on the table.
Strategy's Bitcoin Arsenal Strategy spent $23.2 billion on bitcoin purchases from Oct. 30 to Feb. 23, funded by $16.8 billion worth of stock offerings and $6.4 billion in debt proceeds. Strategy has blown through 80% of $21 billion in planned common stock sales. Now that MSTR stock and the bitcoin price are in retreat, a key question is whether creditors will continue to offer Strategy the exceedingly generous 0% interest terms it received last month, while borrowing $2 billion via notes that are convertible into stock. As Strategy's 10-K warned, if market conditions change, "we may not be able to obtain equity or debt financing in a timely manner, on favorable terms, or at all." On Monday, Strategy said it would offer $21 billion worth of preferred stock with an 8% interest rate. That follows a similar $584 million offering in February that established the preferred stock which trades under the ticker STRK. Monday's announcement suggests this will be the main financing mechanism going forward, assuming there is demand. The preferred stock tumbled 8.2% to 84.80 on Monday. As a result, the effective interest rate on newly issued preferred shares would be 9.4%. That could continue to rise if the preferred stock falls further. Saylor Strategy Hits Rough Waters Both Strategy and its creditors had acted as though bitcoin was virtually guaranteed a one-way ticket to much higher highs under Trump. Strategy spent $21.2 billion buying bitcoin at an average price of $96,458 per bitcoin from Nov. 10 to Feb. 23. At the moment, Strategy Chairman Michael Saylor's investment approach looks questionable. Before the recent spending binge, Strategy held 279,420 bitcoin purchased at an average price of $42,692. The recent purchases of 219,676 bitcoin raised the average purchase price to $66,357. MSTR Stock Strategy stock faces two big risks: that the price of bitcoin will continue to decline and that the premium investors have given Strategy over the value of its bitcoin holdings will contract. Strategy tumbled 16.7% to 239.27 in Monday stock market action, finishing at its lowest closing price since Election Day. Strategy has a current market value of $70.4 billion, based on 294 million shares, which includes shares after conversion of all its convertible notes. That valuation approach makes sense, given that Strategy intends to hold all its bitcoin, rather than pay cash when the notes mature. That means investors are giving Strategy a 79% premium to the $39.3 billion value of its bitcoin holdings. The premium has already shrunk from 164% on Nov. 10, before the latest buying binge. Still, that premium allows Strategy to buy $1.79 worth of bitcoin for each $1 of stock it issues. If investors decide that Strategy doesn't merit the premium and financing grows more expensive, there would be no rationale for investing in MSTR, as opposed to bitcoin or a bitcoin-related ETF.. $BTC
Shiba Inu is on a relentless downturn as its price has now reached the $0.000013 mark on Wednesday. It is on the brink of adding an extra zero making its price reach the $0.000001 range. It slipped nearly 67% in a year and shed most of the profits it generated in March and November last year. SHIB surged 280% in March 2024 on the heels of the Bitcoin halving event. In addition, it soared 200% in November when the markets rallied after Trump reclaimed the White House. The dog-themed token is now its yearly low after shedding all profits it generated last year. Amidst of the downturn, Shiba Inu’s marketing head Lucie SHIB encouraged investors to remain positive during the dip. She predicted that the token would rise again in the charts and reclaim its previous glory. The much-needed word of advice is to heal the declined sense of enthusiasm among the investors’ community. https://twitter.com/LucieSHIB/status/1896662152288911745 “Never say never. SHIB will succeed,”she wrote on X, encouraging investors to stay confident amid the downturn. Shiba Inu investors have a loyal fanbase with a sea of following in the crypto community. They’ve invested thousands of dollars hoping that the token could change their financial fortunes for good. Nonetheless, the relentless dip is making them question their investment choice as the returns since October 2021 have been meager. $SHIB #Shibalnu #SHIBA🚀
XRP Price Prediction: AI Sets Price For March 15, 2025
A couple of assets in the cryptocurrency market were seen making headlines just as the new month of March kicked off. Along with Cardano (ADA) and Solana (SOL), Ripple’s XRP was put under the spotlight for its addition into the Crypto Strategic Reserve of the United States. Just as this news broke, the altcoin witnessed a massive uptick in its price. The asset went from trading at a low of $1.95 all the way to a high of $2.95. This upward trajectory has led to the community hoping to witness a spike of a higher magnitude over the next few days. XRP Recovers Faster Than The Rest Throughout the past day, most assets in the market were recording a notable uptick. XRP, however, was seen making the most by rising 6.13% over the last 24 hours. At the time of writing, the altcoin was trading at $2.46. While most coins in the market encountered a challenging month of February, XRP experienced a rather smooth sail. The asset maintained itself over the $2 mark during this period. In addition to its price, the market cap of the asset grew by nearly 6%. At present, XRP stands as the third largest cryptocurrency with a market value of $142.47 billion. Along with the current market recovery, the community was also confident about the altcoin. Data from CoinMarketCap’s Community Sentiment revealed that 88% of 822.6K individuals were positive about XRP’s surge in the coming days. Only 12% exhibited a bearish outlook about the altcoin.
March 15 Price Prediction According to data from CoinCodex, XRP’s uptrend will witness a slight correction. Over the next couple of days, the asset is expected to see a downtrend. On March 15, XRP will trade at $2.46. This is certainly a dainty downfall from its current price. The rest of the month, however, could bring in major gains for the asset. $XRP $ADA $SOL
Ukraine Ceasefire Breakthrough Sends Markets Into Green; Bitcoin Retakes $83K
What to know: Ukraine has agreed to a U.S. proposal for a 30-day ceasefire in its war with Russia.Shortly after that news hit, Ontario Premier Doug Ford appeared to back down in his tit-a-tat with President Trump.U.S. stock markets moved from sizable losses to gains and crypto turned decidedly higher. What was shaping up to be another down day in markets has reversed in Tuesday afternoon U.S. trading after Ukraine agreed to a Trump administration proposal for a 30-day ceasefire in its war with Russia. Russia has yet to weigh in, but the agreement will hinge on that country's acceptance, according to a joint statement of Ukraine and the U.S. after a meeting of their delegations in Saudi Arabia. As part of the agreement, the U.S. will immediately lift a pause on intelligence sharing and military assistance to Ukraine, the statement continued. Trade tensions ease as well Helping the mood, Ontario Premier Doug Ford agreed to suspend a 25% electricity export surcharge he had put in place against a number of U.S. states. The surcharge was made in retaliation to 25% tariffs Trump had placed on Canadian imports last week. Shooting back at that, Trump earlier Tuesday had threatened to double that tariff to 50% for steel and aluminum imports from the U.S. neighbor to the north. Markets gain Adding to yesterday's major losses, markets were again sharply lower prior to the news, but the Nasdaq has moved into the green by 1.25% and the S&P 500 by 0.4%. Crypto markets have turned nicely higher as well, with bitcoin (BTC) now up by 7% over the past 24 hours to $83,300 after dropping as low as $76,000 overnight. Ether (ETH) is ahead 5.6% and Solana's (SOL) by 10%. $BTC $ETH $XRP
$XRP continued its downward trend from Sunday, trading at $2.19, down almost 10%. President Trump’s Strategic Bitcoin Reserve Executive Order has caused investor dissatisfaction, as evidenced by XRP’s second consecutive session of underperforming the overall market. The Ripple-based token has lost more than a quarter of its value in the last 7 days. President Trump’s choice to create a Strategic Bitcoin Reserve instead of a multi-crypto reserve dampened expectations that the SEC would soon drop its appeal in the Ripple case. The SEC contested the Programmatic Sales of XRP decision in its opening brief for the appeal on January 15. Following the resignation of former SEC Chair Gary Gensler and the appointment of Commissioner Mark Uyeda as acting Chair, conjecture regarding a potential settlement of the Ripple lawsuit has intensified. If XRP had been listed as a national Crypto Strategic Reserve Asset, the SEC might have been pressured to drop its appeal. The Ripple-based token had a horrible week, trading above the 200-day but below the 50-day Exponential Moving Average (EMA). The EMAs provide bullish long-term price signals and bearish short-term ones. Should the 50-day EMA line be broken, ripple bulls might target the high of $3 on March 2 as the next resistance level. Positive news about the Ripple case could trigger the all-time high of $3.6. On the other hand, a decline below the low of $2.2 on March 4 might reveal sub-$2 levels and the $1.93 support level. If the bears get past the $1.93 support level, they might then be able to target the February 3 low of $1.7024.