Author: Anthony M. Orbison

The cryptocurrency industry has experienced increased growth over the years. A number of factors have influenced this uptick. From internal changes to macroeconomic and geopolitical shifts, the Bitcoin (BTC) market has stepped up or fallen down due to this. The king coin has often been portrayed as a hedge against inflation and other economic crises. More recently, the head of digital assets at BlackRock noted how Bitcoin could surge if the United States is hit with a recession.Also Read: Here’s What a $1,000 Bitcoin Investment Today Might Be Worth in 2030Will BTC Benefit From A Recession?Source: Watcher GuruRobbie Mitchnick, head…

Tether, the $143 billion stablecoin giant, was the world’s seventh-largest buyer of United States Treasurys, surpassing some of the world’s largest countries.Tether, the issuer of USDt (USDT), the world’s largest stablecoin, was the world’s seventh-largest US Treasury buyer, surpassing Canada, Taiwan, Mexico, Norway, Hong Kong, and numerous other countries.The stablecoin issuer acquired over $33.1 billion worth of Treasurys, compared to over $100 billion purchased by the Cayman Island in the first place in global rankings, according to Paolo Ardoino, the CEO of Tether. “Tether was the 7th largest buyer of US Treasurys in 2024, compared to Countries,” wrote Ardoino in a…

Pakistan unveils plans to legalise bitcoin and crypto and implement a regulatory framework to attract foreign investment and boost adoption. Bilal Bin Saqib, CEO of the Pakistan Crypto Council, told Bloomberg on Thursday that Pakistan has unveiled plans to legalise bitcoin and crypto and implement a regulatory framework to attract foreign investment and boost adoption. The government aims to devise clear regulations and align with international best practices. Pakistan’s Finance Minister formed the PCC last week to steer the country’s crypto strategy. “Pakistan is done sitting on the sidelines” regarding bitcoin and crypto, Saqib told Bloomberg. “We want to attract international investment…

The world’s largest cryptocurrency Bitcoin (BTC) made headlines for a lot of reasons this year. The main reason, however, is its jump beyond the coveted $100,000 mark. The king coin witnessed an uptick like never before as it hit an all-time high of $109,114.88 in January 2025. This brought about big changes in the lives of many who invested in BTC and held onto it patiently. Can a similar feat be achieved in the coming years?Also Read: Beating The Dollar: Here’s How Much Gold Russia Has Stored Till NowHow Is Bitcoin Faring At the Moment?Source: Watcher GuruThe king coin managed…

The cryptocurrency market is up today, with the total market capitalization rising by approximately 3.2% in the last 24 hours to reach $2.8 trillion on March 20. The gains were led by Bitcoin (BTC) and Ether (ETH), which have risen around 3% and 4%, respectively.Crypto market performance Jan. 30. Source: Coin360Let’s look at the top catalysts driving the crypto market rebound today.Risk-on sentiment pushed the crypto market upThe crypto market rebound mirrors gains in US equities following the Fed’s decision to leave interest rates unchanged.The S&P 500 and the Nasdaq rose by 1.08% and 1.4%, during the late New York…

Aleksei Andriunin, a Russian national charged with manipulating cryptocurrency through the Gotbit market maker platform, has reportedly struck a plea deal with prosecutors in the United States.Gotbit founder and CEO Andriunin has agreed to forfeit about $23 million in Tether USDt (USDT) and Circle’s USDC (USDC) in a plea deal with Massachusetts federal prosecutors, the legal news service Law360 reported on March 19.As part of the plea, Andriunin will plead guilty to three counts charging conspiracy to commit wire fraud and market manipulation, according to the letter signed by the defendant on March 19.An excerpt from letters in the Gotbix…

The lion’s share of the hacked Bybit funds is still traceable after the historic cybertheft, as blockchain investigators continue their efforts to freeze and recover these funds.The crypto industry was rocked by the largest hack in history on Feb. 21, when Bybit lost over $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH (mETH) and other digital assets.Blockchain security firms, including Arkham Intelligence, have identified North Korea’s Lazarus Group as the likely culprit behind the Bybit exploit, as the attackers have continued swapping the funds in an effort to make them untraceable.Despite the Lazarus Group’s efforts, over 88% of the…

Bitcoin (BTC) price has jumped by 4% in the last 24 hours to reach over $86,000 on March 20. At its intraday high, the cryptocurrency was trading for $87,470, signaling modest profit-taking among traders.BTC/USD four-hour price chart. Source: TradingViewTop catalysts that have driven Bitcoin prices higher today include:Bitcoin rises after Fed calms trade war bearsBitcoin rose as the Federal Reserve signaled it still expects to cut interest rates twice later this year, easing investor concerns over prolonged monetary tightening.Key takeaways from the Federal Open Market Committee’s meeting on March 19:The Fed kept its benchmark rate on hold while acknowledging that…

Bitcoin is unlikely to revisit the $77,000 price level anytime soon after the Fed signaled a slowdown in quantitative tightening (QT), says BitMEX co-founder Arthur Hayes.On March 10, Bitcoin (BTC) dipped near the $77,000 level for the first time since November, according to CoinMarketCap data.“Was BTC $77k the bottom, prob,” Hayes said in a March 20 X post after declaring that QT is “basically over” following the Fed’s March 19 announcement that starting in April, it will slow its securities sell-off by reducing the monthly Treasury cap from $25 billion to $5 billion. Bitcoin is up 3.53% over the past seven…

A crypto trader warns that going heavy on leverage before the monthly United States interest rate decision is a surefire way to lose money in crypto trading. After the Federal Reserve’s statement confirmed the US central bank intends to leave interest rates unchanged in its target range between 4.25% to 4.5%, Bitcoin’s price barely moved, as the market had already widely expected no change in the interest rate. However, after Fed chair Jerome Powell said the probability of a recession is “not high,” despite independent economists raising the odds of one, the overall crypto market saw an upswing, leaving traders betting…