Bitcoin and Ethereum Take a Hit as Crypto Fund Outflows Reach $2.9 Billion
The cryptocurrency market is facing renewed turbulence as Bitcoin (BTC) and Ethereum (ETH) prices dropped significantly amid massive fund outflows totaling $2.9 billion. This sharp capital exit highlights growing investor uncertainty and profit-taking, leaving analysts questioning whether the crypto bull run will continue or if a larger correction is underway.
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The cryptocurrency market is facing renewed turbulence as Bitcoin (BTC) and Ethereum (ETH) prices dropped significantly amid massive fund outflows totaling $2.9 billion. This sharp capital exit highlights growing investor uncertainty and profit-taking, leaving analysts questioning whether the crypto bull run will continue or if a larger correction is underway.
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Coinbase Whales Behind Bitcoin’s Rally, CryptoQuant CEO Reveals
Bitcoin’s recent rally has caught the attention of the entire crypto market, but behind the price surge lies a powerful force — Coinbase whales. According to CryptoQuant CEO Ki Young Ju, large-scale investors on Coinbase have been quietly accumulating Bitcoin, fueling the cryptocurrency’s upward momentum. This revelation sheds light on the growing influence of institutional buyers in the crypto space.
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Bitcoin’s recent rally has caught the attention of the entire crypto market, but behind the price surge lies a powerful force — Coinbase whales. According to CryptoQuant CEO Ki Young Ju, large-scale investors on Coinbase have been quietly accumulating Bitcoin, fueling the cryptocurrency’s upward momentum. This revelation sheds light on the growing influence of institutional buyers in the crypto space.
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‘Just Words’: Arthur Hayes Criticizes US Crypto Strategic Reserve, Cites Funding Concerns
The U.S. government’s recent announcement of a Crypto Strategic Reserve has sparked controversy across the crypto community, with BitMEX co-founder Arthur Hayes emerging as one of its most vocal critics. Hayes dismissed the initiative as “just words,” casting doubt on both its funding and its practical execution. His comments add to growing skepticism about the government’s sudden embrace of digital assets.
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The U.S. government’s recent announcement of a Crypto Strategic Reserve has sparked controversy across the crypto community, with BitMEX co-founder Arthur Hayes emerging as one of its most vocal critics. Hayes dismissed the initiative as “just words,” casting doubt on both its funding and its practical execution. His comments add to growing skepticism about the government’s sudden embrace of digital assets.
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Crypto traders unwind long positions amid trade war uncertainty, analysts warn
Futures open interest in key cryptocurrencies has fallen sharply, indicating traders are reducing positions amid macroeconomic uncertainty.
Crypto traders are scaling back long positions as uncertainty builds, with futures open interest dropping sharply amid trade war worries and the Fed’s tough stance. In a March 4 post on X, Singapore-based blockchain firm Matrixport revealed that Bitcoin Bitcoin (-8.66%) Bitcoin, Ethereum Ethereum (-10.73%) Ethereum, and Solana Solana (-14.38%) Solana futures have seen a huge drop in open interest.
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Futures open interest in key cryptocurrencies has fallen sharply, indicating traders are reducing positions amid macroeconomic uncertainty.
Crypto traders are scaling back long positions as uncertainty builds, with futures open interest dropping sharply amid trade war worries and the Fed’s tough stance. In a March 4 post on X, Singapore-based blockchain firm Matrixport revealed that Bitcoin Bitcoin (-8.66%) Bitcoin, Ethereum Ethereum (-10.73%) Ethereum, and Solana Solana (-14.38%) Solana futures have seen a huge drop in open interest.
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Bybit hacker moves 62,200 ETH, full amount could be cleared in 3 days
North Korea’s Lazarus Group intensified efforts to launder funds from Bybit following what is considered the largest crypto hack in history at $1.4 billion.
The cyberattackers moved another 62,200 ETH ($138 million) on March 1. This leaves them with just 156,500 Ethereum Ethereum (-10.83%)
Ethereum remaining from the original theft, according to an analysis by crypto researcher EmberCN.
The latest transfer brings the total amount laundered to approximately 343,000 ETH, which is close to 68.7% of the 499,000 ETH stolen during the Feb. 21 attack. Based on the current pace, EmberCN projects the hackers will clear the remaining funds within the next three days.
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North Korea’s Lazarus Group intensified efforts to launder funds from Bybit following what is considered the largest crypto hack in history at $1.4 billion.
The cyberattackers moved another 62,200 ETH ($138 million) on March 1. This leaves them with just 156,500 Ethereum Ethereum (-10.83%)
Ethereum remaining from the original theft, according to an analysis by crypto researcher EmberCN.
The latest transfer brings the total amount laundered to approximately 343,000 ETH, which is close to 68.7% of the 499,000 ETH stolen during the Feb. 21 attack. Based on the current pace, EmberCN projects the hackers will clear the remaining funds within the next three days.
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Bitcoin Slides Massively: Economic Uncertainty Amid Trump’s Latest Tariff Announcement
Bitcoin has taken a significant hit in recent days, sliding sharply as economic uncertainty escalates following Donald Trump’s latest tariff announcement. The former U.S. president’s decision to impose new tariffs on key global trading partners has sent shockwaves through both traditional markets and the cryptocurrency space. In this article, we’ll examine how the announcement is affecting Bitcoin’s price, the broader economic outlook, and what could be next for the leading cryptocurrency.
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Bitcoin has taken a significant hit in recent days, sliding sharply as economic uncertainty escalates following Donald Trump’s latest tariff announcement. The former U.S. president’s decision to impose new tariffs on key global trading partners has sent shockwaves through both traditional markets and the cryptocurrency space. In this article, we’ll examine how the announcement is affecting Bitcoin’s price, the broader economic outlook, and what could be next for the leading cryptocurrency.
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Bitcoin rebounds to $88k amid market volatility
The Bitcoin Volmex Implied Volatility 30-Day Index extended its four-day green streak, reflecting heightened price swings as President Donald Trump’s tariffs unsettled global markets.
Bitcoin (4.19%) rose 3% to $87,972, pushing the total crypto market capitalization back above $3 trillion. Altcoins posted modest recoveries, with XRP reclaiming its position over Tether (0.03%) while Solana (3.92%) and Cardano (17.23%) slightly shrugged off the selloff.
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The Bitcoin Volmex Implied Volatility 30-Day Index extended its four-day green streak, reflecting heightened price swings as President Donald Trump’s tariffs unsettled global markets.
Bitcoin (4.19%) rose 3% to $87,972, pushing the total crypto market capitalization back above $3 trillion. Altcoins posted modest recoveries, with XRP reclaiming its position over Tether (0.03%) while Solana (3.92%) and Cardano (17.23%) slightly shrugged off the selloff.
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El Salvador adds 1 BTC to reserve amid IMF deal
El Salvador has increased its Bitcoin reserves, purchasing an additional 1 BTC and bringing its total holdings to 6,101.18 BTC, valued at approximately $527 million.
This move aligns with El Salvador’s “1 BTC a day” accumulation strategy, aimed at economic diversification and serving as a hedge against traditional financial systems. The purchase also signals the government’s continued confidence in Bitcoin (BTC), despite recent market volatility.
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El Salvador has increased its Bitcoin reserves, purchasing an additional 1 BTC and bringing its total holdings to 6,101.18 BTC, valued at approximately $527 million.
This move aligns with El Salvador’s “1 BTC a day” accumulation strategy, aimed at economic diversification and serving as a hedge against traditional financial systems. The purchase also signals the government’s continued confidence in Bitcoin (BTC), despite recent market volatility.
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Solana rebounds to $143 after recent 28% crash: Is recovery sustainable as FTX deposits SOL to Binance?
Solana has rebounded to $143 after a recent 28% crash, recovering 4% in the past day but could face pressure as FTX continues depositing SOL to Binance.
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Solana has rebounded to $143 after a recent 28% crash, recovering 4% in the past day but could face pressure as FTX continues depositing SOL to Binance.
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Our VIP trading strategy delivered another impressive result! Target #2 hit in just 37 minutes, demonstrating the power of our analysis.
We carefully craft these buy and sell signals, focusing on identifying high-probability trades and delivering timely results. This success is a testament to our dedication to providing valuable insights.
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Binance shuts down P2P Cash Zone for in-person crypto trades: report
Binance has reportedly informed P2P Cash Zone users of the service shutdown, advising them to transition to online payment methods for peer-to-peer trading.
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Binance has reportedly informed P2P Cash Zone users of the service shutdown, advising them to transition to online payment methods for peer-to-peer trading.
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Losses from crypto phishing attacks decreased by nearly 50% in February
Crypto phishing losses fell by nearly half in February, but one approval scam alone cost a victim over $600,000, data shows.
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Crypto phishing losses fell by nearly half in February, but one approval scam alone cost a victim over $600,000, data shows.
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