Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

SBF sent to solitary confinement over Tucker Carlson interview: Report

A representative for the US Bureau of Prisons reportedly said that Sam Bankman-Fried’s interview with Tucker Carlson was not approved by the agency.

SBF sent to solitary confinement over Tucker Carlson interview: Report

A representative for the US Bureau of Prisons reportedly said that Sam Bankman-Fried’s interview with Tucker Carlson was not approved by the agency.

SBF sent to solitary confinement over Tucker Carlson interview: Report

A representative for the US Bureau of Prisons reportedly said that Sam Bankman-Fried’s interview with Tucker Carlson was not approved by the agency.

SBF sent to solitary confinement over Tucker Carlson interview: Report

A representative for the US Bureau of Prisons reportedly said that Sam Bankman-Fried’s interview with Tucker Carlson was not approved by the agency.

SBF sent to solitary confinement over Tucker Carlson interview: Report

A representative for the US Bureau of Prisons reportedly said that Sam Bankman-Fried’s interview with Tucker Carlson was not approved by the agency.

Binance Whales Cash Out as Bitcoin Drops—More Downside Ahead?

Bitcoin’s price has once again turned bearish after briefly recovering to $94,000 on Monday. Notably, the cryptocurrency had shown signs of strength earlier this week following a period of decline, but the recovery was short-lived. As of today, Bitcoin slipped below $90,000, marking a 1.8% decrease in the past 24 hours. According to CryptoQuant analyst Crazzyblockk, one key factor contributing to this downward movement appears to be increased selling pressure from large Bitcoin holders. Related Reading: Historic Bitcoin Buy Signal: DXY’s Collapse Signals A Bigger Bull Run Whales and Large Holders Drive Selling Pressure on Binance Crazzyblockk in his latest insight highlights how whales and other large investors on Binance are actively offloading BTC as prices rise. This trend suggests that experienced traders are taking advantage of market optimism to exit their positions, potentially limiting Bitcoin’s short-term upside potential. Whale to Binance Flow Hits 3-Month High at $7.3B Over Last 30 Days “This often happens alongside heavy changes in price and shows that large holders choose Binance as their exchange. Watching whale deposits is important, as their moves can drive the market.” – By @JA_Maartun pic.twitter.com/psD3zuDXf3 — CryptoQuant.com (@cryptoquant_com) March 6, 2025 The trend also comes at a time when whale to Binance flow sees a consistent increase. Crazzyblockk’s analysis of on-chain data from Binance particularly indicates that large Bitcoin holders—categorized as fish, sharks, and whales—are selling into market rallies. The data reveals that the larger the holder, the more strategically they distribute their Bitcoin holdings. These entities account for an increasing share of daily sell-side activity on Binance, suggesting that they are actively shaping Bitcoin’s price movements. As Bitcoin’s price trends upward, whale activity on Binance has intensified, with more BTC flowing into the exchange. The report highlights that while retail investors—often referred to as shrimps—have remained relatively inactive, whales and sharks are capitalizing on rising prices to take profits. This consistent distribution from high-value holders has created sustained downward pressure, preventing Bitcoin from making a parabolic move higher. Bitcoin Market Outlook: Can Accumulation Offset Whale Selling? With large holders continuing to offload BTC, the risk remains that any further upside could trigger even more selling pressure, reinforcing resistance levels. This dynamic means that Bitcoin’s price movement could remain constrained unless new accumulation from long-term investors or institutional buyers offsets the selling trend. Related Reading: Bitcoin Bullish Signal: $900 Million In BTC Leaves Exchanges Crazzyblockk emphasizes that tracking Binance’s whale activity is crucial for understanding market direction. Since these large holders are not just participants but also price movers, their actions can provide insight into short-term market trends. If whale selling slows and new accumulation picks up, Bitcoin could find support and regain momentum. However, if the current trend continues, further downside pressure remains a possibility. Featured image created with DALL-E, Chart from TradingView

Pro-Bitcoin Senator on Trump’s BTC Reserve: ‘This Is Only the Beginning’

​U.S. Senator Cynthia Lummis hails President Trump’s executive order establishing a strategic bitcoin reserve as a historic move to address national debt and secure America’s financial leadership. Pro-Bitcoin Senator Backs Trump: BTC Reserve Could Slash US Debt and Dominate Finance U.S. Senator Cynthia Lummis (R-WY) has praised President Donald Trump’s executive order establishing a strategic […]

XRP Price Prediction: XRP Could Pass $30 in 2025 as Experts Say Buy the Dip

While the week following President Trump’s announcement of the upcoming crypto strategic reserve helped Bitcoin (BTC) and leading altcoins make gains, most tokens are seeing a correction today. Among the top five cryptocurrencies, BNB (BNB) saw the lowest drop, while Ethereum (ETH) dipped by 4.91%. XRP (XRP) is down only 1.37% today, but Ripple’s token…
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High-Potential Coins for Investment: Why MEMEX Could Be the Next 100X Meme Coin

Today’s 2.09% dip in the broader crypto market that brought its market cap to $2.93 trillion had a negative impact on the meme coin sector, which dropped to $52 billion earlier today. However, meme coins managed to recover some of the losses and are now collectively valued at $55.44 billion. The meme coin market is…
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US Bitcoin Reserve and Crypto Stockpile—White House Breaks Down Trump’s Executive Order

The U.S. is establishing a bitcoin reserve and crypto stockpile under President Trump’s executive order, ensuring forfeited digital assets are strategically managed rather than sold. White House Explains Trump’s Executive Order on Bitcoin Reserve and Crypto Stockpile U.S. President Donald Trump signed an executive order on March 6, creating a strategic bitcoin reserve and a […]