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#GameStopBitcoinReserve GameStop’s Bold Move: Bitcoin Added as Treasury Asset, Stock Surges$BTC
GameStop invests corporate cash in Bitcoin, following MicroStrategy’s lead.
Stock price jumps 12% after GameStop announces Bitcoin reserves move.
GameStop’s Bitcoin strategy aims to use crypto for future growth.
GameStop announced that its board of directors made a decision to add Bitcoin to its reserve assets. The company revealed this decision through its Form 10-K filing with the SEC on March 25, 2025. This allows the company to make cash investments as well as future debt and equity issuances into Bitcoin.
GameStop Ventures Into Bitcoin Investments
The decision comes after MicroStrategy and other companies made substantial Bitcoin investments. GameStop has not set a limit for its BTC reserve and maintains the right to sell any acquired assets. However, the company admits that its Bitcoin investment strategy faces uncharted risks.
The company aims to use its massive cash reserves to implement its Bitcoin investment strategy. In February 1, 2025 financial report, GameStop held $4.8 billion in cash and cash equivalents. The substantial financial reserves enables GameStop to invest in cryptocurrencies to diversify its treasury reserves and strengthen its financial stability.
GameStop outlined several risks related to BTC such as market manipulation, volatility and security vulnerabilities in its decentralized network. The company stated that it continues to monitor these risks and evaluate the performance benefits of this strategy. Moreover, the company identified limited liquidity and potential compliance issues related to cryptocurrency markets.
GameStop Scales Down Business Operations
GameStop has conducted various changes to its business operations such as reducing its physical store network. The company reported $3.823 billion net sales in the fiscal year 2024 which represents a decline from $5.273 billion in the previous year. However, Gamestop earned a net income of $131.3 million which surpassed the $6.7 million in fiscal year 2023.
GameStop invests corporate cash in Bitcoin, following MicroStrategy’s lead.
Stock price jumps 12% after GameStop announces Bitcoin reserves move.
GameStop’s Bitcoin strategy aims to use crypto for future growth.
GameStop announced that its board of directors made a decision to add Bitcoin to its reserve assets. The company revealed this decision through its Form 10-K filing with the SEC on March 25, 2025. This allows the company to make cash investments as well as future debt and equity issuances into Bitcoin.
GameStop Ventures Into Bitcoin Investments
The decision comes after MicroStrategy and other companies made substantial Bitcoin investments. GameStop has not set a limit for its BTC reserve and maintains the right to sell any acquired assets. However, the company admits that its Bitcoin investment strategy faces uncharted risks.
The company aims to use its massive cash reserves to implement its Bitcoin investment strategy. In February 1, 2025 financial report, GameStop held $4.8 billion in cash and cash equivalents. The substantial financial reserves enables GameStop to invest in cryptocurrencies to diversify its treasury reserves and strengthen its financial stability.
GameStop outlined several risks related to BTC such as market manipulation, volatility and security vulnerabilities in its decentralized network. The company stated that it continues to monitor these risks and evaluate the performance benefits of this strategy. Moreover, the company identified limited liquidity and potential compliance issues related to cryptocurrency markets.
GameStop Scales Down Business Operations
GameStop has conducted various changes to its business operations such as reducing its physical store network. The company reported $3.823 billion net sales in the fiscal year 2024 which represents a decline from $5.273 billion in the previous year. However, Gamestop earned a net income of $131.3 million which surpassed the $6.7 million in fiscal year 2023.
#FedWatch Everybody agrees that the flight against inflation has stalled.’
— Economist Mohamed El-Erian
Tariffs tend to raise prices for consumers and businesses as they percolate into the economy. And inflation has remained stubbornly high at about 3%.
This has fanned fears that the Fed’s commitment to interest rate cuts will waver, and stocks and crypto have fallen sharply as a result of this and other macroeconomic concerns.
Bitcoin had plunged into a potential bear market, while the rest of the crypto market has tumbled 20%, to $2.9 trillion, since Trump took office on January 20.
Traditional markets have also been fried, with both the S&P 500 and the tech-heavy Nasdaq100 plunging into correction territory in the last month.
2% target
Addressing a crowd at Blockworks’ Digital Asset Summit Wednesday, economist Mohamed El-Erian said he had recently increased his odds a recession would hit the US from a one-in-ten chance to one-in-four.
“Everybody agrees that the flight against inflation has stalled,” he said.
“If [the Fed] was really serious about a 2% inflation target, the market would be speculating about when is the next hike, not when is the next cut.”
Meanwhile, investors are split on the outcome of Trump’s trade wars and cost cutting efforts, according to El-Erian.
On the one hand, some believe it will unleash the private sector and tame the national debt.
“Then there’s the other possibility, which is the Jimmy Carter possibility,” he said, referring to the one-term US president who lost reelection in 1980 amid soaring inflation and a moribund economy.
“That policy pushes you into a stagflation which persists.”
Relief rally
Even so, all investors apparently wanted to see on Wednesday was no surprises from the Fed.
Optimistic investors staged a last-minute rally in the hours before the FOMC’s statement at 2 PM New York time.
Bitcoin jumped 3.2% and Ethereum spiked 8%.
The big winner was XRP, the Ripple connected cryptocurrency, which soared 12%.
— Economist Mohamed El-Erian
Tariffs tend to raise prices for consumers and businesses as they percolate into the economy. And inflation has remained stubbornly high at about 3%.
This has fanned fears that the Fed’s commitment to interest rate cuts will waver, and stocks and crypto have fallen sharply as a result of this and other macroeconomic concerns.
Bitcoin had plunged into a potential bear market, while the rest of the crypto market has tumbled 20%, to $2.9 trillion, since Trump took office on January 20.
Traditional markets have also been fried, with both the S&P 500 and the tech-heavy Nasdaq100 plunging into correction territory in the last month.
2% target
Addressing a crowd at Blockworks’ Digital Asset Summit Wednesday, economist Mohamed El-Erian said he had recently increased his odds a recession would hit the US from a one-in-ten chance to one-in-four.
“Everybody agrees that the flight against inflation has stalled,” he said.
“If [the Fed] was really serious about a 2% inflation target, the market would be speculating about when is the next hike, not when is the next cut.”
Meanwhile, investors are split on the outcome of Trump’s trade wars and cost cutting efforts, according to El-Erian.
On the one hand, some believe it will unleash the private sector and tame the national debt.
“Then there’s the other possibility, which is the Jimmy Carter possibility,” he said, referring to the one-term US president who lost reelection in 1980 amid soaring inflation and a moribund economy.
“That policy pushes you into a stagflation which persists.”
Relief rally
Even so, all investors apparently wanted to see on Wednesday was no surprises from the Fed.
Optimistic investors staged a last-minute rally in the hours before the FOMC’s statement at 2 PM New York time.
Bitcoin jumped 3.2% and Ethereum spiked 8%.
The big winner was XRP, the Ripple connected cryptocurrency, which soared 12%.
#FedWatch Bitcoin price jumps as investors exhale following key Fed meeting
Investors welcome relief rally after a bruising few weeks.
The Fed issued a sobering new forecast.
Economist Mohamed El-Erian says a recession is more likely.
Crypto and equities markets jumped on Wednesday after the Federal Reserve opted to hold rates steady.
Investors breathed a sigh of relief after the US central bank remained on course to make two cuts to interest rates this year.
The move was expected: before Wednesday’s announcement, investors had put the chance of a rate drop at about 1%, according to the CME’s FedWatch tool.
Following the Fed’s statement, Bitcoin increased 1.3%, to $85,623, in mid-afternoon trading New York time, and Ethereum edged up 0.8% to $2,043,
Sobering forecast
Even so, the Fed’s economic forecast for the US was sobering as it released projections of slower growth and rising inflation in the US.
The Federal Open Markets Committee, or FOMC, revised growth projections for 2025 downward to 1.7%, from 2.1%.
And the FOMC revised its inflation projections upward to 2.8%, from 2.5% in December.
“Uncertainty around the economic outlook has increased,” the FOMC said in a statement.
After largely taming inflation stemming from the emergency spending taken during the Covid-19 pandemic, the Fed started cutting interest rates last year.
Investors in risk-on assets such as cryptocurrencies and stocks look for lower rates because it means the economy is growing and more money will rotate out of fixed income assets such as bonds.
But President Donald Trump’s commitment to 25% tariffs on Canada and Mexico, the US’ two top trading partners, plus China and potentially the European Union, has clouded the picture.
Investors welcome relief rally after a bruising few weeks.
The Fed issued a sobering new forecast.
Economist Mohamed El-Erian says a recession is more likely.
Crypto and equities markets jumped on Wednesday after the Federal Reserve opted to hold rates steady.
Investors breathed a sigh of relief after the US central bank remained on course to make two cuts to interest rates this year.
The move was expected: before Wednesday’s announcement, investors had put the chance of a rate drop at about 1%, according to the CME’s FedWatch tool.
Following the Fed’s statement, Bitcoin increased 1.3%, to $85,623, in mid-afternoon trading New York time, and Ethereum edged up 0.8% to $2,043,
Sobering forecast
Even so, the Fed’s economic forecast for the US was sobering as it released projections of slower growth and rising inflation in the US.
The Federal Open Markets Committee, or FOMC, revised growth projections for 2025 downward to 1.7%, from 2.1%.
And the FOMC revised its inflation projections upward to 2.8%, from 2.5% in December.
“Uncertainty around the economic outlook has increased,” the FOMC said in a statement.
After largely taming inflation stemming from the emergency spending taken during the Covid-19 pandemic, the Fed started cutting interest rates last year.
Investors in risk-on assets such as cryptocurrencies and stocks look for lower rates because it means the economy is growing and more money will rotate out of fixed income assets such as bonds.
But President Donald Trump’s commitment to 25% tariffs on Canada and Mexico, the US’ two top trading partners, plus China and potentially the European Union, has clouded the picture.
#FedWatch Bitcoin Shrugs as Fed Projects Two Rate Cuts in 2025, Holds Rates Steady$BTC $ETH
The U.S. central bank’s “dot plot” forecast the same number of rate cuts as it did in December.
The Federal Reserve held interest rates steady on Wednesday, prolonging a months-long pause on rate cuts amid economic uncertainty fueled by U.S. President Donald Trump’s tariffs.
The price of Bitcoin and other cryptocurrencies, which rose on Wednesday morning, was roughly flat immediately after the central bank stood pat for a third consecutive time but was still up 4% over the past 24 hours to trade at about $84,500, according to data provider CoinGecko.
The U.S. central bank’s decision was widely expected, leaving its benchmark rate at 4.25% to 4.50% after the Fed began slashing borrowing costs in the final quarter of last year.
In a statement, the Fed emphasized a wait-and-see approach on how Trump’s policy maneuvers—which have battered stocks and crypto—could draw out its inflation fight.
“Uncertainty around the economic outlook has increased.,” the Fed said. “The Committee will continue to monitor the implications of incoming information for the economic outlook.”
An updated forecast weighing expectations from 19 Fed officials showed two rate cuts this year, effectively matching policymakers’ outlook in December. The Fed’s previous projections had poured cold water on risk assets, as Fed officials had previously penciled in four rate cuts.
In December, however, one Fed official foresaw as many as five rate cuts this year, or a reduction of 1.5% in the Fed’s benchmark rate. On Wednesday, no fed official envisioned more than three rate cuts this year, suggesting a firmer policy outlook.
The president’s approach to tariffs has sparked inflation concerns, but some fear that it may also hamstring U.S. economic growth as consumers and businesses face elevated costs.
The prices of Ethereum and Solana dipped in the hour but are up 7.7% to $2000, and 5% to $129.50, respectively.
The U.S. central bank’s “dot plot” forecast the same number of rate cuts as it did in December.
The Federal Reserve held interest rates steady on Wednesday, prolonging a months-long pause on rate cuts amid economic uncertainty fueled by U.S. President Donald Trump’s tariffs.
The price of Bitcoin and other cryptocurrencies, which rose on Wednesday morning, was roughly flat immediately after the central bank stood pat for a third consecutive time but was still up 4% over the past 24 hours to trade at about $84,500, according to data provider CoinGecko.
The U.S. central bank’s decision was widely expected, leaving its benchmark rate at 4.25% to 4.50% after the Fed began slashing borrowing costs in the final quarter of last year.
In a statement, the Fed emphasized a wait-and-see approach on how Trump’s policy maneuvers—which have battered stocks and crypto—could draw out its inflation fight.
“Uncertainty around the economic outlook has increased.,” the Fed said. “The Committee will continue to monitor the implications of incoming information for the economic outlook.”
An updated forecast weighing expectations from 19 Fed officials showed two rate cuts this year, effectively matching policymakers’ outlook in December. The Fed’s previous projections had poured cold water on risk assets, as Fed officials had previously penciled in four rate cuts.
In December, however, one Fed official foresaw as many as five rate cuts this year, or a reduction of 1.5% in the Fed’s benchmark rate. On Wednesday, no fed official envisioned more than three rate cuts this year, suggesting a firmer policy outlook.
The president’s approach to tariffs has sparked inflation concerns, but some fear that it may also hamstring U.S. economic growth as consumers and businesses face elevated costs.
The prices of Ethereum and Solana dipped in the hour but are up 7.7% to $2000, and 5% to $129.50, respectively.
#VoteToListOnBinance Binance empowers users with vote-driven token listings and delistings
Binance new model places token listing and delisting decisions in the hands of the community through BNB voter engagement.
Binance unveiled a new community-driven governance model for token listings and delistings, giving users a direct role in shaping the exchange’s offerings.
The initiative, announced on March 7, introduces “Vote to List” and “Vote to Delist” mechanisms, as well as expanded listing options to improve market access for emerging projects.
Under the new framework, Binance users who hold at least 0.01 BNB will be able to vote on projects they want to see listed. Tokens that receive the highest votes and pass due diligence will be added to Binance’s trading platform.
Similarly, users can vote to delist projects placed in Binance’s Monitoring Zone, which includes assets that lack development updates, have inactive communities, or pose risks to investors.
Binance stated:
“Vote to List and Vote to Delist returns power to the community. We firmly believe that close collaboration with users creates greater value for both investors and project teams.”
Expanded listing mechanisms
Binance also introduced several listing options, including direct spot listings, Launchpool farming incentives, Megadrop rewards, and early pre-market trading for select tokens.
These mechanisms are designed to provide greater accessibility to new projects while maintaining regulatory and quality standards.
Additionally, Binance will enhance its Alpha Observation Zone, a segment dedicated to emerging tokens that launch exclusively through Binance Wallet’s Token Generation Event (TGE). The exchange will continuously monitor Alpha Zone projects to assess their long-term viability.
To increase transparency, Binance confirmed it does not charge listing fees and will disclose when projects allocate dedicated budgets for their listing. Tokens from such budgets will be distributed to users via airdrops.
Binance new model places token listing and delisting decisions in the hands of the community through BNB voter engagement.
Binance unveiled a new community-driven governance model for token listings and delistings, giving users a direct role in shaping the exchange’s offerings.
The initiative, announced on March 7, introduces “Vote to List” and “Vote to Delist” mechanisms, as well as expanded listing options to improve market access for emerging projects.
Under the new framework, Binance users who hold at least 0.01 BNB will be able to vote on projects they want to see listed. Tokens that receive the highest votes and pass due diligence will be added to Binance’s trading platform.
Similarly, users can vote to delist projects placed in Binance’s Monitoring Zone, which includes assets that lack development updates, have inactive communities, or pose risks to investors.
Binance stated:
“Vote to List and Vote to Delist returns power to the community. We firmly believe that close collaboration with users creates greater value for both investors and project teams.”
Expanded listing mechanisms
Binance also introduced several listing options, including direct spot listings, Launchpool farming incentives, Megadrop rewards, and early pre-market trading for select tokens.
These mechanisms are designed to provide greater accessibility to new projects while maintaining regulatory and quality standards.
Additionally, Binance will enhance its Alpha Observation Zone, a segment dedicated to emerging tokens that launch exclusively through Binance Wallet’s Token Generation Event (TGE). The exchange will continuously monitor Alpha Zone projects to assess their long-term viability.
To increase transparency, Binance confirmed it does not charge listing fees and will disclose when projects allocate dedicated budgets for their listing. Tokens from such budgets will be distributed to users via airdrops.
Explore my portfolio mix. Follow to see how I invest!
$CAKE Here’s why Pancakeswap’s CAKE surged over 20% today
CAKE formed a God candle on March 18, jumping 23% to hit an intraday high of $2.63 while pushing its weekly gains close to 70%.
The altcoin’s daily trading volume tripled to around $1.12 billion while its market cap neared $760 million.
The rally coincided with a strong interest from derivative traders. CoinGlass data shows that open interest shot up 73% over the past day to $96 million, more than tripling from $30 million seen at the start of 2025.
Pancakeswap’s (CAKE) gains today come amid investor hype as Pancakeswap became the most active decentralized exchange by daily trading volume for two straight days.
Data from DefiLlama shows that PancakeSwap hit nearly $1.64 billion in 24-hour trading volume on Tuesday, March 18, surpassing Uniswap and Raydium, which saw $1.021 billion and $334.98 million, respectively.
PancakeSwap now holds over 30% of the decentralized exchange market share for that period.
PancakeSwap’s impressive performance is being driven by a few key factors. One big reason is Binance’s decision to delist Tether Tether
usdt $BNB
0%
Tether and eight other stablecoins for users in the European Economic Area (EEA) set for March 31 due to compliance with the EU’s MiCA regulations.
Because of this, many Binance users seem to have moved their USDT to PancakeSwap, leading to a surge in trading volume. The DEX processed over $352.4 million in USDT trades in 24 hours, making up about 31% of its total volume.
Another boost came from Binance founder Changpeng Zhao, who reignited interest in memecoins after a tweet inspired the creation of BNB Chain-based MUBARAK. The token has since surged over 270% in the past week.
According to PancakeSwap V3 data, after Zhao mentioned MUBARAK, it became the third most traded asset on the platform, trailing only USDT and Wrapped BNB (WBNB).
CAKE formed a God candle on March 18, jumping 23% to hit an intraday high of $2.63 while pushing its weekly gains close to 70%.
The altcoin’s daily trading volume tripled to around $1.12 billion while its market cap neared $760 million.
The rally coincided with a strong interest from derivative traders. CoinGlass data shows that open interest shot up 73% over the past day to $96 million, more than tripling from $30 million seen at the start of 2025.
Pancakeswap’s (CAKE) gains today come amid investor hype as Pancakeswap became the most active decentralized exchange by daily trading volume for two straight days.
Data from DefiLlama shows that PancakeSwap hit nearly $1.64 billion in 24-hour trading volume on Tuesday, March 18, surpassing Uniswap and Raydium, which saw $1.021 billion and $334.98 million, respectively.
PancakeSwap now holds over 30% of the decentralized exchange market share for that period.
PancakeSwap’s impressive performance is being driven by a few key factors. One big reason is Binance’s decision to delist Tether Tether
usdt $BNB
0%
Tether and eight other stablecoins for users in the European Economic Area (EEA) set for March 31 due to compliance with the EU’s MiCA regulations.
Because of this, many Binance users seem to have moved their USDT to PancakeSwap, leading to a surge in trading volume. The DEX processed over $352.4 million in USDT trades in 24 hours, making up about 31% of its total volume.
Another boost came from Binance founder Changpeng Zhao, who reignited interest in memecoins after a tweet inspired the creation of BNB Chain-based MUBARAK. The token has since surged over 270% in the past week.
According to PancakeSwap V3 data, after Zhao mentioned MUBARAK, it became the third most traded asset on the platform, trailing only USDT and Wrapped BNB (WBNB).
#BNBChainMeme Price analysis 3/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, PI
Bitcoin bulls appear ready to make a run at the 200-day SMA, which could pull BTC price toward $92,000 and reinvigorate altcoins.
Bitcoin
BTC
$82,884
has largely stayed above $80,000 since March 11, indicating that the bulls are not waiting for a deeper correction to buy. However, the failure to propel the price above $86,000 shows that the bears have not given up and continue to sell on rallies.
CoinShares’ weekly report shows that cryptocurrency exchange-traded products (ETPs) witnessed $1.7 billion in outflows last week. That takes the total five-week outflows to $6.4 billion. Additionally, the streak of outflows has reached 17 days, marking the longest negative streak since CoinShares records began in 2015.
It’s not all gloom and doom for the long-term investors. CryptoQuant contributor ShayanBTC said that investors who purchased Bitcoin between three and six months ago are showing an accumulation pattern. Historically, similar behavior has “played a crucial role in forming market bottoms and igniting new uptrends.”
Will buyers succeed in catapulting Bitcoin above the overhead resistance levels? How are the altcoins placed? Let’s analyze the charts to find out.
S&P 500 Index price analysis
The S&P 500 Index (SPX) is in a strong corrective phase. The fall to 5,504 on March 13 sent the relative strength index (RSI) into the oversold territory, signaling a possible relief rally in the near term.
The bears will try to halt the recovery in the 5,670 to 5,773 resistance zone. If they succeed, it will signal that the sentiment remains negative and traders are selling on rallies. That heightens the risk of a fall to 5,400. The bulls are expected to defend the 5,400 level with all their might because a drop below it may sink the index to 5,100.
On the upside, a break and close above the 20-day exponential moving average (5,780) will signal strength. The index may then climb to the 50-day simple moving average (5,938).
Bitcoin bulls appear ready to make a run at the 200-day SMA, which could pull BTC price toward $92,000 and reinvigorate altcoins.
Bitcoin
BTC
$82,884
has largely stayed above $80,000 since March 11, indicating that the bulls are not waiting for a deeper correction to buy. However, the failure to propel the price above $86,000 shows that the bears have not given up and continue to sell on rallies.
CoinShares’ weekly report shows that cryptocurrency exchange-traded products (ETPs) witnessed $1.7 billion in outflows last week. That takes the total five-week outflows to $6.4 billion. Additionally, the streak of outflows has reached 17 days, marking the longest negative streak since CoinShares records began in 2015.
It’s not all gloom and doom for the long-term investors. CryptoQuant contributor ShayanBTC said that investors who purchased Bitcoin between three and six months ago are showing an accumulation pattern. Historically, similar behavior has “played a crucial role in forming market bottoms and igniting new uptrends.”
Will buyers succeed in catapulting Bitcoin above the overhead resistance levels? How are the altcoins placed? Let’s analyze the charts to find out.
S&P 500 Index price analysis
The S&P 500 Index (SPX) is in a strong corrective phase. The fall to 5,504 on March 13 sent the relative strength index (RSI) into the oversold territory, signaling a possible relief rally in the near term.
The bears will try to halt the recovery in the 5,670 to 5,773 resistance zone. If they succeed, it will signal that the sentiment remains negative and traders are selling on rallies. That heightens the risk of a fall to 5,400. The bulls are expected to defend the 5,400 level with all their might because a drop below it may sink the index to 5,100.
On the upside, a break and close above the 20-day exponential moving average (5,780) will signal strength. The index may then climb to the 50-day simple moving average (5,938).
#BotOrNot Opportunities in Volatility: Navigate Crypto Market Trends with Trading Bots
Binance a global leading cryptocurrency exchange, is excited to announce the release of its latest market trend and trading bot strategies report for March 2025. This detailed production is designed to empower traders by enhancing their understanding of the crypto market and refining their trading techniques.
This new report is set to support both novice and experienced traders by providing them with a detailed historical analysis of Bitcoin's performance over the past 13 years, diving into the long-term trends and cyclicality of the market, enabling traders to enhance their understanding of the market landscape.
To help everyone to better keep up with the dynamics of the market.
This report serves as learning materials with the purpose of information sharing, users are welcome to leverage the detailed information provided in the report to personalize their own analysis and develop trading strategies that align with their individual trading habits and risk appetite.
Binance a global leading cryptocurrency exchange, is excited to announce the release of its latest market trend and trading bot strategies report for March 2025. This detailed production is designed to empower traders by enhancing their understanding of the crypto market and refining their trading techniques.
This new report is set to support both novice and experienced traders by providing them with a detailed historical analysis of Bitcoin's performance over the past 13 years, diving into the long-term trends and cyclicality of the market, enabling traders to enhance their understanding of the market landscape.
To help everyone to better keep up with the dynamics of the market.
This report serves as learning materials with the purpose of information sharing, users are welcome to leverage the detailed information provided in the report to personalize their own analysis and develop trading strategies that align with their individual trading habits and risk appetite.
#BotOrNot Opportunities in Volatility: Navigate Crypto Market Trends with Trading Bots
Binance a global leading cryptocurrency exchange, is excited to announce the release of its latest market trend and trading bot strategies report for March 2025. This detailed production is designed to empower traders by enhancing their understanding of the crypto market and refining their trading techniques.
This new report is set to support both novice and experienced traders by providing them with a detailed historical analysis of Bitcoin's performance over the past 13 years, diving into the long-term trends and cyclicality of the market, enabling traders to enhance their understanding of the market landscape.
To help everyone to better keep up with the dynamics of the market.
This report serves as learning materials with the purpose of information sharing, users are welcome to leverage the detailed information provided in the report to personalize their own analysis and develop trading strategies that align with their individual trading habits and risk appetite.
Binance a global leading cryptocurrency exchange, is excited to announce the release of its latest market trend and trading bot strategies report for March 2025. This detailed production is designed to empower traders by enhancing their understanding of the crypto market and refining their trading techniques.
This new report is set to support both novice and experienced traders by providing them with a detailed historical analysis of Bitcoin's performance over the past 13 years, diving into the long-term trends and cyclicality of the market, enabling traders to enhance their understanding of the market landscape.
To help everyone to better keep up with the dynamics of the market.
This report serves as learning materials with the purpose of information sharing, users are welcome to leverage the detailed information provided in the report to personalize their own analysis and develop trading strategies that align with their individual trading habits and risk appetite.
$BTC Miners forced to sell Bitcoin as rising costs squeeze profitability
Miners have no choice but to sell more Bitcoin during the current downturn, adding to the selling pressure from the recent disappointment that the government won’t buy new Bitcoin for the reserve, plus macroeconomic uncertainty due to tariffs.
According to CryptoQuant analyst IT Tech, the price of Bitcoin Bitcoin
btc
4.25%
Bitcoin is struggling to bounce back from its current lows due to (among other things) selling pressure from miners. The analyst pointed out that as BTC’s price dropped to $77,700, there was a significant increase in the number of miners moving their BTC to exchanges.
Miners are forced sellers, which means they have to sell their BTC to pay bills, which affects market liquidity. Furthermore, the fact that miners are selling more Bitcoin even when the price is low suggests that they are under financial pressure, according to the analyst. The likely reason for this is that the average cost of Bitcoin mining has been steadily increasing.
If enough people buy the Bitcoin offloaded by miners, the price could stabilize and potentially recover. On the flip side, if miners keep selling but demand doesn’t pick up, BTC’s price will likely drop further, all other things being equal.
Currently, the latter scenario looks more likely, as analysts expect Bitcoin to suffer a deeper retracement toward the $70,000 range. For example, Arthur Hayes recently said that “BTC likely bottoms around $70K,” but pointed out that a 36% correction from its all-time high at $110K is normal in a bull market.
$BTC
Miners have no choice but to sell more Bitcoin during the current downturn, adding to the selling pressure from the recent disappointment that the government won’t buy new Bitcoin for the reserve, plus macroeconomic uncertainty due to tariffs.
According to CryptoQuant analyst IT Tech, the price of Bitcoin Bitcoin
btc
4.25%
Bitcoin is struggling to bounce back from its current lows due to (among other things) selling pressure from miners. The analyst pointed out that as BTC’s price dropped to $77,700, there was a significant increase in the number of miners moving their BTC to exchanges.
Miners are forced sellers, which means they have to sell their BTC to pay bills, which affects market liquidity. Furthermore, the fact that miners are selling more Bitcoin even when the price is low suggests that they are under financial pressure, according to the analyst. The likely reason for this is that the average cost of Bitcoin mining has been steadily increasing.
If enough people buy the Bitcoin offloaded by miners, the price could stabilize and potentially recover. On the flip side, if miners keep selling but demand doesn’t pick up, BTC’s price will likely drop further, all other things being equal.
Currently, the latter scenario looks more likely, as analysts expect Bitcoin to suffer a deeper retracement toward the $70,000 range. For example, Arthur Hayes recently said that “BTC likely bottoms around $70K,” but pointed out that a 36% correction from its all-time high at $110K is normal in a bull market.
$BTC
#TradingAnalysis101 Bitcoin slips another 4% after Trump targets Canadian steel, aluminum with tariffs
President Donald Trump spooked Bitcoin and other markets after announcing a tariff increase on Canadian steel and aluminum from 25% to 50%, citing Ontario’s 25% tariff on U.S. electricity.
According to Trump’s Truth Social post, the new tariffs will take effect on March 12. Trump also called on Canada to remove up to 390% dairy tariffs and warned of higher tariffs on Canadian cars by April 2.
In his statement, President Trump criticized Canada’s longstanding tariffs on U.S. dairy products, which range from 250% to 390%, labeling them as “outrageous.” He further threatened to declare a national emergency concerning electricity to counter what he described as an “abusive threat” from Canada.
Egregious’ tariffs
Additionally, Trump warned that if Canada does not eliminate other “egregious” tariffs, the U.S. will substantially increase tariffs on Canadian automobile imports starting April 2—a move he claims would effectively “shut down the automobile manufacturing business in Canada.”
Trump also said that “the only thing that makes sense is for Canada to become our cherished Fifty-First State. This would make all tariffs, and everything else, totally disappear.”
Markets reacted to the announcement. Bitcoin Bitcoin
btc
4.19%
Bitcoin fell 4.2%, dipping below $80,000 while The Dow Jones dropped nearly 600 points. Investors responded to both the trade tensions and the administration’s statement that no new Bitcoin purchases were planned for the national strategic reserve.
Bitcoin has rebounded to above $81,000 at the time of writing.
The tariff dispute follows Trump’s tariffs on Canadian and Mexican goods. Canada and Mexico have pushed back, citing trade agreement violations.
President Donald Trump spooked Bitcoin and other markets after announcing a tariff increase on Canadian steel and aluminum from 25% to 50%, citing Ontario’s 25% tariff on U.S. electricity.
According to Trump’s Truth Social post, the new tariffs will take effect on March 12. Trump also called on Canada to remove up to 390% dairy tariffs and warned of higher tariffs on Canadian cars by April 2.
In his statement, President Trump criticized Canada’s longstanding tariffs on U.S. dairy products, which range from 250% to 390%, labeling them as “outrageous.” He further threatened to declare a national emergency concerning electricity to counter what he described as an “abusive threat” from Canada.
Egregious’ tariffs
Additionally, Trump warned that if Canada does not eliminate other “egregious” tariffs, the U.S. will substantially increase tariffs on Canadian automobile imports starting April 2—a move he claims would effectively “shut down the automobile manufacturing business in Canada.”
Trump also said that “the only thing that makes sense is for Canada to become our cherished Fifty-First State. This would make all tariffs, and everything else, totally disappear.”
Markets reacted to the announcement. Bitcoin Bitcoin
btc
4.19%
Bitcoin fell 4.2%, dipping below $80,000 while The Dow Jones dropped nearly 600 points. Investors responded to both the trade tensions and the administration’s statement that no new Bitcoin purchases were planned for the national strategic reserve.
Bitcoin has rebounded to above $81,000 at the time of writing.
The tariff dispute follows Trump’s tariffs on Canadian and Mexican goods. Canada and Mexico have pushed back, citing trade agreement violations.
Bank of Israel explores digital shekel with offline and cross-network payments#BankingOnBitcoin
The Bank of Israel’s latest report presents an “optimal” digital shekel design, though implementation will depend on collaboration with lawmakers and industry stakeholders.
The Bank of Israel has unveiled a preliminary design for the digital shekel, but its launch will depend on further discussions with the government.
In the document, Israel’s central bank explained that the digital shekel is designed to be accessible to all, saying the state-controlled currency “will be available to the entire public, including children, foreigners (including tourists), all types of businesses, public institutions, and financial entities.”
“Similar to cash, it will be a universal means of payment – anyone will be able to pay anyone, and anyone will be able to receive payment from anyone, but with the convenience and advancement of a digital means of payment.”
The Bank of Israel
It’s assumed that businesses would pay lower costs than existing options, though it’s unclear what fees will be implemented. The central bank claims payments with the central bank digital currency would be fast, with support for offline payments.
Addressing privacy concerns, the Bank of Israel reassured that the level of privacy “will be higher compared to existing digital payments.”
“The level of privacy in the digital shekel will be higher compared to existing digital payments, and similar to cash, it will also offer the possibility of anonymous payments in limited amounts.”
The Bank of Israel
The digital shekel could also integrate with other systems, enabling users to “receive or make payments in the digital shekel even if the other party to the payment does not use the digital shekel.”
The central bank emphasized that a final decision on issuing the digital shekel hasn’t been made yet, noting that if future conditions show the benefits outweigh the costs and risks, the Bank of Israel “will be prepared” to implement the “action plan.”
The Bank of Israel’s latest report presents an “optimal” digital shekel design, though implementation will depend on collaboration with lawmakers and industry stakeholders.
The Bank of Israel has unveiled a preliminary design for the digital shekel, but its launch will depend on further discussions with the government.
In the document, Israel’s central bank explained that the digital shekel is designed to be accessible to all, saying the state-controlled currency “will be available to the entire public, including children, foreigners (including tourists), all types of businesses, public institutions, and financial entities.”
“Similar to cash, it will be a universal means of payment – anyone will be able to pay anyone, and anyone will be able to receive payment from anyone, but with the convenience and advancement of a digital means of payment.”
The Bank of Israel
It’s assumed that businesses would pay lower costs than existing options, though it’s unclear what fees will be implemented. The central bank claims payments with the central bank digital currency would be fast, with support for offline payments.
Addressing privacy concerns, the Bank of Israel reassured that the level of privacy “will be higher compared to existing digital payments.”
“The level of privacy in the digital shekel will be higher compared to existing digital payments, and similar to cash, it will also offer the possibility of anonymous payments in limited amounts.”
The Bank of Israel
The digital shekel could also integrate with other systems, enabling users to “receive or make payments in the digital shekel even if the other party to the payment does not use the digital shekel.”
The central bank emphasized that a final decision on issuing the digital shekel hasn’t been made yet, noting that if future conditions show the benefits outweigh the costs and risks, the Bank of Israel “will be prepared” to implement the “action plan.”
Zero-knowledge cryptography is bigger than web3 | Opinion#Web3
When people talk about zero-knowledge cryptography in 2024, they’re often referring to a privacy-focused use case that relies on a combination of blockchain technology, cryptocurrencies, digital wallets, and users with some degree of web3 knowledge.
Zero-knowledge proofs have existed since the 1980s, long before the advent of web3. So why limit their potential to blockchain applications? Traditional companies can—and should—adopt ZK technology without fully embracing web3 infrastructure.
At a basic level, ZKPs unlock the ability to prove something is true without revealing the underlying data behind that statement. Ideally, a prover creates the proof, a verifier verifies it, and these two parties are completely isolated from each other in order to ensure fairness. That’s really it. There’s no reason this concept has to be trapped behind the learning curve of web3.
Most organizations that could benefit from ZK technology aren’t using blockchains or are not even aware of web3. The industry is still young, with many just now familiarizing themselves with Bitcoin Bitcoin
btc
-2.61%
Bitcoin and Ethereum Ethereum
eth
-3.96%
Ethereum, not to mention Layer 2s and 3s.
Despite all that, ZKPs can already be applied to a variety of real-world use cases, and they don’t need to integrate fully web3 rails to do so.
Do you trust your slot machine payout?
With zero-knowledge proofs, you don’t have to trust a gaming operator. You can just enjoy playing and have peace of mind knowing that the game is designed fairly. Every digital gambling machine in the world should be designed with ZKPs; it just makes sense for the operators and the players. The best part is that players can enjoy the benefits without the words “web3” or “crypto” even entering their minds.
Recently, DraftKings and White Hat Gaming were fined $22,500 by the state of Connecticut for their online slot machine game, which failed to pay any winners over one week in August 2023.
When people talk about zero-knowledge cryptography in 2024, they’re often referring to a privacy-focused use case that relies on a combination of blockchain technology, cryptocurrencies, digital wallets, and users with some degree of web3 knowledge.
Zero-knowledge proofs have existed since the 1980s, long before the advent of web3. So why limit their potential to blockchain applications? Traditional companies can—and should—adopt ZK technology without fully embracing web3 infrastructure.
At a basic level, ZKPs unlock the ability to prove something is true without revealing the underlying data behind that statement. Ideally, a prover creates the proof, a verifier verifies it, and these two parties are completely isolated from each other in order to ensure fairness. That’s really it. There’s no reason this concept has to be trapped behind the learning curve of web3.
Most organizations that could benefit from ZK technology aren’t using blockchains or are not even aware of web3. The industry is still young, with many just now familiarizing themselves with Bitcoin Bitcoin
btc
-2.61%
Bitcoin and Ethereum Ethereum
eth
-3.96%
Ethereum, not to mention Layer 2s and 3s.
Despite all that, ZKPs can already be applied to a variety of real-world use cases, and they don’t need to integrate fully web3 rails to do so.
Do you trust your slot machine payout?
With zero-knowledge proofs, you don’t have to trust a gaming operator. You can just enjoy playing and have peace of mind knowing that the game is designed fairly. Every digital gambling machine in the world should be designed with ZKPs; it just makes sense for the operators and the players. The best part is that players can enjoy the benefits without the words “web3” or “crypto” even entering their minds.
Recently, DraftKings and White Hat Gaming were fined $22,500 by the state of Connecticut for their online slot machine game, which failed to pay any winners over one week in August 2023.
Sparks debates as it seeks nearly $100k in refund from ParaSwap DAO tied to hacker’s swap fees#USCryptoReserve
Bybit has requested a refund from ParaSwap DAO for swap fees paid by a hacker, sparking a governance debate over ethical responsibility.
Cryptocurrency exchange Bybit wants ParaSwap DAO to return over $90,000 in Ethereum Ethereum
eth
-4.78%
Ethereum in swap fees tied to the $1.46 billion theft, sparking debate in the decentralized finance community over a move that could set a legal precedent.
In an X post on March 4, prominent defi analyst Ignas, who’s also a Paraswap DAO delegate, said that the exchange asked to return 44.67 ETH from the ParaSwap DAO “that Bybit hacker paid in swap fees.”
“This decision has ethical and legal responsibilities against the DAO and sets a precedent for the wider DeFi ecosystem (notably Thorswap).”
The analyst notes that Bybit is a major player in the space, adding that returning the funds could help avoid “legal headaches.” However, there’s still a catch, as returning the funds could set a precedent.
“Code is law. The DAO earned the fees legitimately via smart contracts. And if funds are returned now, what about future cases? Sets a dangerous precedent. And at the end of the day, Bybit’s poor security (I know Safe UI was compromised, but still) led to the hack.”
The analyst suggest a middle ground, leaning towards returning most of the fund “minus 10% Bybit official bounty.”
Bybit’s CEO Ben Zhou earlier revealed that nearly 20% of the stolen funds are now untraceable, just less than two weeks after the exchange lost over $1.4 billion in a highly sophisticated attack by North Korea-backed hackers.
Bybit has requested a refund from ParaSwap DAO for swap fees paid by a hacker, sparking a governance debate over ethical responsibility.
Cryptocurrency exchange Bybit wants ParaSwap DAO to return over $90,000 in Ethereum Ethereum
eth
-4.78%
Ethereum in swap fees tied to the $1.46 billion theft, sparking debate in the decentralized finance community over a move that could set a legal precedent.
In an X post on March 4, prominent defi analyst Ignas, who’s also a Paraswap DAO delegate, said that the exchange asked to return 44.67 ETH from the ParaSwap DAO “that Bybit hacker paid in swap fees.”
“This decision has ethical and legal responsibilities against the DAO and sets a precedent for the wider DeFi ecosystem (notably Thorswap).”
The analyst notes that Bybit is a major player in the space, adding that returning the funds could help avoid “legal headaches.” However, there’s still a catch, as returning the funds could set a precedent.
“Code is law. The DAO earned the fees legitimately via smart contracts. And if funds are returned now, what about future cases? Sets a dangerous precedent. And at the end of the day, Bybit’s poor security (I know Safe UI was compromised, but still) led to the hack.”
The analyst suggest a middle ground, leaning towards returning most of the fund “minus 10% Bybit official bounty.”
Bybit’s CEO Ben Zhou earlier revealed that nearly 20% of the stolen funds are now untraceable, just less than two weeks after the exchange lost over $1.4 billion in a highly sophisticated attack by North Korea-backed hackers.
#USTariffs Kaiko: February liquidations set stage for more sustained alt rally, ADA set for biggest pump#LiquidationFrenzy
Trump’s announcement of a strategic crypto reserve, along with a reduction in leverage from Feb. liquidations, may lead to a more sustainable rally in top altcoins, with ADA likely seeing the biggest pump.
President Trump announced the formation of the reserve on Sunday, naming Ripple (XRP), Solana (SOL), and Cardano Cardano
ada
-3.54%
Cardano as part of the initial selection before adding Bitcoin (BTC) and Ethereum (ETH). According to Kaiko’s research, the inclusion of select altcoins in the U.S. strategic reserve will likely accelerate capital rotation in the altcoin market. The top 10 altcoins now account for 77% of altcoin trading volume on U.S. platforms, up from 58% a year ago.$BTC
The increased concentration of capital in alt coins could significantly drive their prices up. The reason for this is partly because altcoins are less liquid than Bitcoin, which means small changes in supply and demand can have a bigger impact. ADA, in particular, could see even bigger price moves as it currently lags other assets in the strategic reserve.
The signs of this are already evident. Following the reserve announcement, market volatility surged, especially among altcoins. Within the first 24 hours of the news, intraday volatility spiked for large-cap altcoins, surging past a staggering 600% for ADA. The token has seen the strongest capital inflows since the announcement, with its open interest up 10% year-to-date to $554 million.$XRP
Additionally, Kaiko noted that Feb. downturn caused several waves of liquidations, reducing leverage across the top ten altcoins. When combined, these two factors suggest that, while there is a concentrated flow of capital into top altcoins (likely increasing their prices), the reduction of leverage means that the upcoming alt pumps will be less volatile and more sustainable.
Trump’s announcement of a strategic crypto reserve, along with a reduction in leverage from Feb. liquidations, may lead to a more sustainable rally in top altcoins, with ADA likely seeing the biggest pump.
President Trump announced the formation of the reserve on Sunday, naming Ripple (XRP), Solana (SOL), and Cardano Cardano
ada
-3.54%
Cardano as part of the initial selection before adding Bitcoin (BTC) and Ethereum (ETH). According to Kaiko’s research, the inclusion of select altcoins in the U.S. strategic reserve will likely accelerate capital rotation in the altcoin market. The top 10 altcoins now account for 77% of altcoin trading volume on U.S. platforms, up from 58% a year ago.$BTC
The increased concentration of capital in alt coins could significantly drive their prices up. The reason for this is partly because altcoins are less liquid than Bitcoin, which means small changes in supply and demand can have a bigger impact. ADA, in particular, could see even bigger price moves as it currently lags other assets in the strategic reserve.
The signs of this are already evident. Following the reserve announcement, market volatility surged, especially among altcoins. Within the first 24 hours of the news, intraday volatility spiked for large-cap altcoins, surging past a staggering 600% for ADA. The token has seen the strongest capital inflows since the announcement, with its open interest up 10% year-to-date to $554 million.$XRP
Additionally, Kaiko noted that Feb. downturn caused several waves of liquidations, reducing leverage across the top ten altcoins. When combined, these two factors suggest that, while there is a concentrated flow of capital into top altcoins (likely increasing their prices), the reduction of leverage means that the upcoming alt pumps will be less volatile and more sustainable.
HashKey Global now supports Ethereum on Base#MarketLiquidation
HashKey Global, a flagship digital asset exchange under HashKey Group, has just integrated Ethereum support on Base, slashing the costs of transferring funds to and from the exchange.$ETH
HashKey Global has successfully integrated Ethereum (ETH) on the Base network, with deposit and withdrawal services now officially open. The platform now supports ETH transactions across three networks: ERC-20, Base (BASE), and Arbitrum (ARB). By integrating ETH support on Base, HashKey Global makes it easier and more cost-effective to move funds in and out of the exchange while interacting with the Ethereum blockchain ecosystem.
This move is part of the growing adoption of Ethereum’s Layer 2 solutions by exchanges with the aim of alleviating the congestion and high fees that are characteristic of Ethereum’s mainnet. Exchanges like Binance, OKX, and KuCoin have been quick to integrate Layer 2 networks for Ethereum transactions.
Binance started supporting Arbitrum and Optimism (OP) in 2021 to reduce the impact of high gas fees. Since then, the exchange has expanded its support to other Layer 2 solutions. OKX followed suit in 2021 by integrating Arbitrum. KuCoin also added Arbitrum support in 2021 and later extended its offerings to other Layer 2 networks.$BTC
The news comes on the heels of HashKey Group’s recent achievement of securing In-Principle Approval from Dubai VARA for a Virtual Asset Service Provider license, expanding its regulated services in the Middle East region. Earlier, HashKey Europe Limited, a subsidiary of the HashKey Group, received VASP registration approval from the Central Bank of Ireland. In addition, the platform recently launched its own token, HashKey Platform Token, which hit an all-time high of $2.59 on Dec. 20, 2024.
HashKey Global, a flagship digital asset exchange under HashKey Group, has just integrated Ethereum support on Base, slashing the costs of transferring funds to and from the exchange.$ETH
HashKey Global has successfully integrated Ethereum (ETH) on the Base network, with deposit and withdrawal services now officially open. The platform now supports ETH transactions across three networks: ERC-20, Base (BASE), and Arbitrum (ARB). By integrating ETH support on Base, HashKey Global makes it easier and more cost-effective to move funds in and out of the exchange while interacting with the Ethereum blockchain ecosystem.
This move is part of the growing adoption of Ethereum’s Layer 2 solutions by exchanges with the aim of alleviating the congestion and high fees that are characteristic of Ethereum’s mainnet. Exchanges like Binance, OKX, and KuCoin have been quick to integrate Layer 2 networks for Ethereum transactions.
Binance started supporting Arbitrum and Optimism (OP) in 2021 to reduce the impact of high gas fees. Since then, the exchange has expanded its support to other Layer 2 solutions. OKX followed suit in 2021 by integrating Arbitrum. KuCoin also added Arbitrum support in 2021 and later extended its offerings to other Layer 2 networks.$BTC
The news comes on the heels of HashKey Group’s recent achievement of securing In-Principle Approval from Dubai VARA for a Virtual Asset Service Provider license, expanding its regulated services in the Middle East region. Earlier, HashKey Europe Limited, a subsidiary of the HashKey Group, received VASP registration approval from the Central Bank of Ireland. In addition, the platform recently launched its own token, HashKey Platform Token, which hit an all-time high of $2.59 on Dec. 20, 2024.
Marathon Digital stock down 5% amid concerning Bitcoin production announcement#USCryptoReserve
Bitcoin mining firm Marathon Digital reported a decline in Bitcoin production for February, down month-over-month due to higher network difficulty and fewer operational days.
Marathon Digital‘s Bitcoin Bitcoin
btc
-4.8%
Bitcoin production dropped 6% month-over-month in February due to higher network difficulty and fewer operational days, the company said.
In a Bitcoin production report released on March 4, the Florida-based company revealed a 4% increase in crypto production per day compared to January, although Bitcoin production decreased by 6% month-over-month. Despite the decline, Marathon’s energized hashrate remained stable, the company emphasized.
“Blocks won and Bitcoin production decreased by 6% month-over-month, primarily due to a higher network difficulty level and three fewer operational days. Our energized hashrate was slightly above the prior month, and we are close to finishing construction of a 40-megawatt data center in Ohio where we plan to install over ten thousand S21 Pro immersion miners.”
Fred Thiel, Marathon Digital’s
Long-term opportunities in AI
According to Thiel, the mining company aims to strengthen its position in the artificial intelligence space, which, as the Marathon’s CEO puts it, “will create additional revenue opportunities over the long term.”
“We expect our costs to decline as we realize savings from owning our sites and generating our own power, and we will be laser-focused on efficiency as we drive towards our goal of low-cost energy.” Fred Thiel
The rise in network difficulty has posed a challenge for miners since Bitcoin’s halving in April 2024, which slashed rewards per mining block from previously higher levels, making it harder to maintain production rates. With more competition on the network, fewer blocks are being won, which impacts production numbers.
Marathon’s shares on pre-market trading plunged 5% following the production update, per data from Yahoo Finance.
Bitcoin mining firm Marathon Digital reported a decline in Bitcoin production for February, down month-over-month due to higher network difficulty and fewer operational days.
Marathon Digital‘s Bitcoin Bitcoin
btc
-4.8%
Bitcoin production dropped 6% month-over-month in February due to higher network difficulty and fewer operational days, the company said.
In a Bitcoin production report released on March 4, the Florida-based company revealed a 4% increase in crypto production per day compared to January, although Bitcoin production decreased by 6% month-over-month. Despite the decline, Marathon’s energized hashrate remained stable, the company emphasized.
“Blocks won and Bitcoin production decreased by 6% month-over-month, primarily due to a higher network difficulty level and three fewer operational days. Our energized hashrate was slightly above the prior month, and we are close to finishing construction of a 40-megawatt data center in Ohio where we plan to install over ten thousand S21 Pro immersion miners.”
Fred Thiel, Marathon Digital’s
Long-term opportunities in AI
According to Thiel, the mining company aims to strengthen its position in the artificial intelligence space, which, as the Marathon’s CEO puts it, “will create additional revenue opportunities over the long term.”
“We expect our costs to decline as we realize savings from owning our sites and generating our own power, and we will be laser-focused on efficiency as we drive towards our goal of low-cost energy.” Fred Thiel
The rise in network difficulty has posed a challenge for miners since Bitcoin’s halving in April 2024, which slashed rewards per mining block from previously higher levels, making it harder to maintain production rates. With more competition on the network, fewer blocks are being won, which impacts production numbers.
Marathon’s shares on pre-market trading plunged 5% following the production update, per data from Yahoo Finance.
Mexican Billionaire Ricardo Salinas allocates 70% of his portfolio to Bitcoin #USTariffs
Mexican billionaire Ricardo Salinas has disclosed that 70% of his investment portfolio is allocated to Bitcoin-related assets.
The remaining 30% is invested in gold and shares of gold mining companies, according to a Salinas interview with Bloomberg.
Salinas, who serves as chairman of Grupo Salinas — a conglomerate with interests spanning telecommunications, media, financial services, and retail — emphasized his preference for these “hardest assets” during the interview.
Salinas’s investment strategy is notably unconventional, as he eschews traditional assets like bonds and external company stocks.
He stated, “I don’t have a single bond, and I don’t have any other stocks except my own.” This approach underscores his commitment to assets he perceives as more robust and reliable.
Salina’s love of BTC
A longstanding advocate for Bitcoin Bitcoin
btc
-5.3%
Bitcoin, Salinas has significantly increased his exposure to the cryptocurrency over the years. In 2020, he revealed that 10% of his liquid portfolio was invested in Bitcoin, a figure that has since risen to 70%.
Beyond his personal investments, Salinas has actively promoted Bitcoin and the concept of decentralized finance on social media platforms, where he has amassed a following of over 2 million on X.
His advocacy extends to his business ventures; four years ago, he announced plans to make Banco Azteca, part of Grupo Salinas, the first bank in Mexico to accept Bitcoin.
Salinas’s investment philosophy aligns with his broader economic views, particularly his skepticism toward fiat currencies and traditional financial systems.
By focusing on Bitcoin and gold, he seeks to hedge against potential currency devaluation and economic instability. His strategy reflects a belief in the enduring value of scarce assets that are not subject to centralized control.
Mexican billionaire Ricardo Salinas has disclosed that 70% of his investment portfolio is allocated to Bitcoin-related assets.
The remaining 30% is invested in gold and shares of gold mining companies, according to a Salinas interview with Bloomberg.
Salinas, who serves as chairman of Grupo Salinas — a conglomerate with interests spanning telecommunications, media, financial services, and retail — emphasized his preference for these “hardest assets” during the interview.
Salinas’s investment strategy is notably unconventional, as he eschews traditional assets like bonds and external company stocks.
He stated, “I don’t have a single bond, and I don’t have any other stocks except my own.” This approach underscores his commitment to assets he perceives as more robust and reliable.
Salina’s love of BTC
A longstanding advocate for Bitcoin Bitcoin
btc
-5.3%
Bitcoin, Salinas has significantly increased his exposure to the cryptocurrency over the years. In 2020, he revealed that 10% of his liquid portfolio was invested in Bitcoin, a figure that has since risen to 70%.
Beyond his personal investments, Salinas has actively promoted Bitcoin and the concept of decentralized finance on social media platforms, where he has amassed a following of over 2 million on X.
His advocacy extends to his business ventures; four years ago, he announced plans to make Banco Azteca, part of Grupo Salinas, the first bank in Mexico to accept Bitcoin.
Salinas’s investment philosophy aligns with his broader economic views, particularly his skepticism toward fiat currencies and traditional financial systems.
By focusing on Bitcoin and gold, he seeks to hedge against potential currency devaluation and economic instability. His strategy reflects a belief in the enduring value of scarce assets that are not subject to centralized control.
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