Category: Bitcoin

Bitcoin is digital money created in 2009. It lets people send and receive payments directly without using banks. It’s stored on a public network called a blockchain, and only 21 million will ever exist.

Michael Saylor’s $35B Bitcoin Bet: Genius or Gamble?

Michael Saylor went full degen on Bitcoin, turning his company into the biggest corporate BTC whale. From taking on debt to dropping $5.7B in a single buy, he’s all-in. Now holding 499K BTC, he’s up $2.8B, but if Bitcoin dips 20%, it’s game over. Genius or crazy?

Back in 2020, Michael Saylor made a wild move—he flipped MicroStrategy into a Bitcoin-hungry machine. Fast forward to 2025, and the company now holds 499,226 BTC worth $35.9 billion. What started as a “let’s see how this goes” play turned into a full-blown crypto obsession.

Saylor didn’t just throw spare cash into BTC—he took on debt, sold shares, and went all-in. The biggest flex? A record-breaking 55,500 BTC buy in 2024 worth $5.7B. Even when Bitcoin tanked below $16K in 2022, he didn’t blink. Now, with BTC at $82,589, he’s sitting on an unrealized profit of $2.8B.

But it’s not all sunshine. If Bitcoin drops below $66,380, his entire investment turns red. A 20% dip could wipe out profits, and we all know crypto is wild like that. But Saylor? He’s calling Bitcoin the future of money, a financial revolution. Some say he’s a visionary, others think he’s a lunatic—but one thing’s for sure: no CEO has ever gone this deep into Bitcoin.

Also Read: Bank of Korea Dismisses Bitcoin for Foreign Reserves Over Volatility Concerns

Bank of Korea Dismisses Bitcoin for Foreign Reserves Over Volatility Concerns

Summary: The Bank of Korea has ruled out adding Bitcoin to its foreign exchange reserves, citing high volatility and liquidity risks. Despite growing global interest, South Korea remains committed to traditional financial assets.

The Bank of Korea (BOK) has officially rejected the idea of including Bitcoin in its foreign exchange reserves, emphasizing concerns over its extreme price swings and liquidity risks. Responding to an inquiry from Representative Cha Gyu-geun, the central bank confirmed that it has not reviewed or discussed Bitcoin as a reserve asset.

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BOK officials, as reported by The Korea Herald, stated that Bitcoin’s price volatility remains too high, with transaction costs potentially surging during market instability. Over the past month, Bitcoin has fluctuated between $98,000 and $76,000 before stabilizing around $83,000, reflecting a 15% drop since mid-February.

The decision comes amid growing global discussions on Bitcoin’s role in national reserves. Earlier this month, U.S. President Donald Trump issued an executive order to establish a strategic Bitcoin reserve.

At a seminar on March 6, crypto advocates and members of South Korea’s Democratic Party called for Bitcoin integration into reserves and the creation of a won-backed stablecoin. However, the BOK maintained that reserve assets must be highly liquid, immediately usable, and hold investment-grade credit ratings—criteria that Bitcoin does not meet.

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Experts suggest that potential IMF approval of stablecoins as foreign reserves could significantly reshape the financial landscape in the future.

Strategy Expands Bitcoin Holdings with Another $10.7M Purchase

Brief Summary: Strategy, which was once MicroStrategy, bought 130 BTC to its inventory for $10.7 million, bringing its total holding to 499,226 BTC. The company, established by Michael Saylor, continues to believe in its Bitcoin strategy despite market volatility and a loss in its stock price.

Bitcoin corporate giant Strategy has added to its holdings, purchasing 130 BTC for around $10.7 million at an average price of $83,000 per BTC. The latest purchase contributes to the company’s total Bitcoin holding of 499,226 BTC, valued at over $33 billion with an average price of $66,360 per BTC.

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Strategy creator Michael Saylor purchased the unit on March 17, marking a 6.9% return on BTC year-to-date. Despite the purchase, Strategy’s STRK shares fell 1% during pre-market trading, Nasdaq data indicates.

The disclosure is a week after Strategy stated that it would raise more capital to buy more Bitcoins even if there is doubt in the market. The company will raise $21 billion using its class A strike preferred stock issue, a component of its ambitious “21/21” plan to raise and invest $42 billion worth of Bitcoin.

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An SEC filing recently suggests Strategy could use proceeds from sale for general corporate purposes, including further Bitcoin purchases. The company also has a buyback option in the event STRK drops 25% below its issue price.

TRON Tops Blockchain Revenue, Beating Ethereum and Bitcoin

Summary: TRON is currently the top-grossing blockchain, overtaking Ethereum and Bitcoin. Stablecoin and memecoin trading has driven the increase while TRX, the cryptocurrency, has declined by 9.22% to $0.2230.

TRON is here as the top-grossing blockchain in the last week, trailed by Ethereum, Solana, and Bitcoin. The network also experienced high levels of user engagement, with a total of over 6.19 million active addresses and 60 million transactions, reflecting a 3.2% surge.

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Bitcoin was not as lucky. The revenue in fees from mining on the network declined 45% and collected only $3.03 million. To make things worse, active addresses on Bitcoin decreased 7.5%, reflecting slower traffic on-chain.

TRON’s revenue growth is largely fueled by its increasing stablecoin ecosystem as well as the popularity of memecoins on its network. TRON alone accounted for $566 million in transaction-based revenue in Q3 2024, surpassing Ethereum and Bitcoin.Its popularity is driven partly by minimal transaction charges, as well as in DeFi and stablecoin markets.

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Despite all that revenue surge, native token TRON, TRX, went down 9.22% last week. It’s currently selling at $0.2230 with a market capitalization of $21 billion.

Bitcoin Rallies to $81K as Crypto Market Rebounds

Summary: Bitcoin increased 5.48% in the past 24 hours to $81,946.75 and took its market capitalization to $1.62 trillion. Trading activity also picked up with a 20.14% rise in 24-hour volume to $46.97 billion.

The general crypto market is recovering, with a market value of $2.64 trillion, up 1.84% from yesterday. Ethereum and XRP, other large cryptocurrencies, also registered slight gains.

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This rally follows a recent slide driven by inflation concerns and Trump’s foreign policy initiatives. All expected a rally after the White House Crypto Summit but witnessed prices drop instead. The last biggest price rally came when Trump indicated a U.S. crypto reserve.

And now, with Bitcoin leading the pack, hope is trickling into the markets again. Investors remain hopeful but fingers crossed, waiting to see if this trend holds.

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Bitcoin Crashes to $77K After Trump’s Crypto Reserve Plan—Altcoins Bleed Hard

BTC tanked to $77K after Trump’s crypto reserve plan. Altcoins are bleeding double digits. Crypto market volatility is off the charts!

Bitcoin took a nosedive to $77K after Trump’s crypto reserve plan sent shockwaves through the market. Monday’s U.S. stock market dip only fueled the chaos, with the Dow Jones sliding 2.08 points.

BTC tumbled from $83,740 to $76,800 in the past 24 hours but slightly recovered to $81,530, per CoinMarketCap. Trading volume? A massive $59.56 billion in 24 hours.

But it’s not just Bitcoin—altcoins got wrecked. SOL, XRP, and ETH all dropped over 10%, with SOL crashing below $120 for the first time since March 2024.

Other notable altcoins taking hits: FET, LDO, UNI, and ENA (-10%), while ENS, PYTH, THETA, OP, and ARB lost 7% in the last 24 hours.

🚀 Trending Crypto Today:

  • ETH (Ethereum)
  • ARKM (Arkham)
  • AKT (Akash Network)
  • SOL (Solana)
  • XRP (Ripple)

📉 Biggest Losers:

  • LDO (-15%)
  • FET (-15%)
  • ENA (-13%)
  • UNI (-12%)
  • JASMY (-10%)

Total crypto market cap: $2.66T, with a 24-hour volume of $156.82B. The market’s wild—will bulls fight back?

Also Read: Dogecoin Drops 30%, Hits Lowest Price in Four Months Amid Market Sell-Off

Bitcoin Drops 4% as Trump Escalates Trade War With Canada

Summary: Bitcoin slipped 4.2% after President Donald Trump announced new tariffs on Canadian steel and aluminum, raising them from 25% to 50%. The move comes in response to Ontario’s 25% tariff on U.S. electricity. Trump also demanded Canada remove its high dairy tariffs and warned of further tariffs on Canadian automobiles by April 2. Markets reacted sharply, with the Dow Jones dropping nearly 600 points. Bitcoin briefly fell below $80,000 before recovering above $81,000.

Bitcoin and stock markets took a hit after President Donald Trump announced a tariff increase on Canadian steel and aluminum, citing Ontario’s 25% tariff on U.S. electricity. The new 50% tariffs are set to take effect on March 12.

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Trump also called for Canada to eliminate its dairy tariffs, which range from 250% to 390%, and warned that if they remain, U.S. tariffs on Canadian automobiles will rise significantly by April 2. He claimed such measures would cripple Canada’s auto industry.

Adding to the controversy, Trump stated that “the only thing that makes sense” is for Canada to become the U.S.’s 51st state, eliminating all tariffs.

Markets reacted swiftly. Bitcoin fell 4.2% to dip below $80,000, while the Dow Jones lost nearly 600 points. The drop was also fueled by the administration’s announcement that no new Bitcoin purchases were planned for the national reserve. However, Bitcoin has since recovered above $81,000.

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The tariff dispute follows previous trade tensions between the U.S., Canada, and Mexico, with both neighboring countries accusing the U.S. of violating trade agreements.

Bitcoin Dips to $80K as Tariff Turmoil Sparks Market Panic

Bitcoin crashes to $80K in aftermath of Trump tariff drama. Bears dominate, volatility spikes—will BTC bounce back or fall further?



Bitcoin recently experienced a steep drop, falling to $80K over the weekend as Trump’s aggressive tariff push shook the market. With sell-offs intensifying, experts are bracing for more downside.

Post 7:00 p.m. ET, BTC nosedived 7% in 24 hours, hitting $80K before slightly recovering to $81,641. But BitMEX co-founder Arthur Hayes isn’t optimistic—he warns BTC could drop below $78K, thanks to heavy options positioning between $70K-$75K.

The 4hr chart is volatile, with Bitcoin struggling with $86K resistance and $81K support hardly holding. Huge red candles = massive sell-offs, small green spikes = abysmal buy attempts. ADX at 25 represents weak trend but lunatic volatility, with the bears still firmly in control.

If BTC fails to break above $82K, traders might double down on shorting. But if buy volume surges, a bullish comeback isn’t off the table.

Bottom line? Bitcoin’s on edge, and the next few days could decide if we see a relief rally or deeper crash. Stay strapped in.

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Michael Saylor Pushes U.S. to Add Bitcoin to National Reserves at White House Summit

Michael Saylor says the U.S. should stack Bitcoin (BTC) in reserves—maybe up to 25% by 2035. Massive move.

The U.S. could go all-in on Bitcoin. At the White House Crypto Summit, Michael Saylor pitched a game-changing idea—the Treasury and Commerce Departments are considering adding BTC to national reserves.

His plan? Crypto could pump trillions into the economy and even cut national debt. He broke it down into four categories:

  • Digital Tokens: Companies use them for funding.
  • Digital Securities: Stocks and bonds go digital for 24/7 trading.
  • Digital Currencies: Tied to the U.S. dollar to keep it strong.
  • Digital Commodities: Bitcoin as the ultimate store of value.

Bitcoin as a Strategic Reserve?

Saylor’s biggest idea? The U.S. should hold 5%–25% of all BTC by 2035. If Bitcoin’s price soars as expected, that could mean $16–$81 trillion in national reserves by 2045.

But the U.S. has regulatory issues. Crypto companies are leaving due to strict rules and taxes. Saylor says it’s time to ditch outdated laws, let businesses innovate, and embrace crypto.

He even called Trump the “Bitcoin President.” The world’s moving fast—will the U.S. keep up?

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Trump’s Strategic Bitcoin Reserve Excludes XRP & Altcoins, Crypto Market Reacts

Trump launches a Bitcoin-only reserve from seized assets. XRP left out, but traders still bullish. Market’s watching for policy shifts!



President Donald Trump just announced a Strategic Bitcoin Reserve—but here’s the catch: it only holds BTC seized from criminal cases! No XRP, no Solana (SOL), no Cardano (ADA).

The idea? Treat Bitcoin like digital gold. White House crypto adviser David Sacks even called it a “digital Fort Knox.” But many in the crypto world were hoping for a reserve that actually buys Bitcoin and other assets.

Following the news, Bitcoin dropped to $84,979 before gaining back 4% to $90K. Traders are acting fast—Deribit data shows increased short-term put options on BTC, ETH, and SOL as hedges. But XRP is the outlier!

XRP derivatives volume jumped 41% to $11.55B, with long-term calls dominating.The 24-hour long/short ratio? 0.9253, meaning traders are bullish.

This comes right before the White House Crypto Summit, where execs from Coinbase & Ripple will push for clearer regulations.

So, will future policies expand the reserve to altcoins? The market’s watching, and so should you!

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