Schlagwort: crypto business

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Bitcoin ETF investors hold strong despite a 25% BTC price drop: Here’s why

  • US Bitcoin ETFs collectively manage $115 billion in assets
  • Since mid-February, Bitcoin ETFs have witnessed total outflows of nearly $5 billion
  • Bitcoin’s decline continues as selling pressure intensifies

Even as Bitcoin’s price has tumbled 25% since the start of 2025, a staggering 95% of investors in US spot Bitcoin ETFs have held firm, resisting the urge to sell.

Despite market volatility and macroeconomic uncertainties, Bloomberg data suggests that the overwhelming majority of ETF holders remain unfazed, showcasing strong conviction in Bitcoin’s long-term potential.

Bitcoin ETFs show resilience 

Bloomberg ETF strategist James Seyffart reported that inflows into Bitcoin ETFs have slightly declined to $35 billion, down from their $40 billion peak.

However, this still represents over 95% of investor capital remaining in ETFs, even as Bitcoin’s price struggles.

Institutional investors, including Goldman Sachs, continue to maintain significant exposure, with more than $1.5 billion invested in Bitcoin ETFs.

As of now, US Bitcoin ETFs collectively manage $115 billion in assets, underscoring the staying power of both retail and institutional investors despite the crypto market downturn.

Bitcoin ETF outflows persist

Since mid-February, Bitcoin ETFs have witnessed total outflows of nearly $5 billion.

On March 13 alone, outflows reached $135 million, according to Farside Investors.

However, BlackRock’s iShares Bitcoin Trust (IBIT) remains an exception, attracting net inflows of $45.7 million amid the broader sell-off.

Bitcoin price faces pressure 

Bitcoin’s decline continues as selling pressure intensifies due to macroeconomic concerns, including the Trump administration’s ongoing tariff battle.

While BTC briefly surged above $84,000 following the release of US CPI data on Wednesday, it failed to hold above key resistance levels.

At press time, Bitcoin is trading at $81,953, down 1.56% on the day, with daily trading volume dropping 22% to under $30 billion.

According to Coinglass data, 24-hour liquidations have spiked to $75 million, with $52 million in long positions being wiped out.

CryptoQuant CEO Ki Young Ju noted that Bitcoin demand appears “stuck” at current levels but emphasized that it is still “too early to call it a bear market.”

Long-term Bitcoin holders continue accumulating

Despite Bitcoin ETF outflows, on-chain data reveals that long-term holders are accumulating more BTC.

Crypto analyst Ali Martinez reported that these investors have added over 131,000 BTC to their wallets in the past month alone, signaling confidence in Bitcoin’s long-term trajectory.

With Bitcoin’s price volatility and ETF outflows persisting, the coming weeks could be crucial in determining whether investors’ diamond hands will hold firm or if selling pressure will intensify.

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Another win for Coinbase as Vermont drops its crypto staking case against exchange

  • Paul Grewal, Coinbase’s chief legal officer, said their “work isn’t over”
  • Vermont issued a Show Cause Order shortly after the SEC filed a lawsuit against Coinbase in 2023
  • The SEC dropped its lawsuit against Coinbase in February

The US state of Vermont has dropped its legal case against Coinbase over its staking services, earning the exchange another significant victory.

In a post on X, Paul Grewal, Coinbase’s chief legal officer, said: “As we have always said: staking services are not securities. We applaud Vermont for embracing progress and providing clarity for its citizens who own digital assets.”

Grewal added that their “work isn’t over” and that “other states with staking actions should take a page from Vermont’s playbook.”

News of this comes after the US Securities and Exchange Commission (SEC) dropped its lawsuit against Coinbase in February. The agency sued Coinbase in 2023, accusing it of operating as an unregistered securities exchange.

Show Cause Order

Vermont was one of 10 states, including Alabama, California, Illinois, Kentucky, Maryland, New Jersey, South Carolina, Vermont, Washington, and Wisconsin, that took legal action against Coinbase in 2023. At the time, they argued that the platform’s staking services met the definition of securities under their laws.

In Vermont’s Department of Financial Regulation document, it reads:

“In light of the dismissal of the Federal Action and likelihood of new federal regulatory guidance, the Division believes it would be most efficient and in the best interests of justice to rescind the pending Show Cause Order, without prejudice.”

A show cause order is when a court orders a party to explain why a specific action shouldn’t be enforced. In Coinbase’s case, the show cause order argued that the platform was offering its users staking services without a license and, as such, violated securities laws.

However, since the new administration has entered the White House, the SEC has switched tracks, taking a more pro-crypto approach. Former SEC chair Gary Gensler has left and Mark Uyeda is helming the agency as acting chair. Trump has already named Paul Atkins as the incoming SEC chair.

Other lawsuits the SEC has dropped include those against Kraken, Robinhood Crypto, and Uniswap.

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BTC could surge to $85k as Bitcoin Pepe’s presale eyes $5M

Key takeaways

  • Bitcoin could surge towards the $85k level after sweeping the $78k liquidity zone.
  • Bitcoin Pepe’s presale has surpassed $4.5 million, with stage seven almost over.

BTC eyes the $85k region

The cryptocurrency market has been bearish over the past few days, with Bitcoin struggling around the $80k region. The world’s leading cryptocurrency by market cap, dropped to the $79k zone on Thursday, effectively grabbing liquidity and could surge to the $85k level in the coming hours or days.

At press time, the price of Bitcoin stands at $81,909 and could rally higher if the bulls take control of the market. 

What is Bitcoin Pepe?

The bearish market condition hasn’t affected Bitcoin Pepe as its presale is now approaching a new milestone. This exciting project began its presale a month ago and has raised over $4.5 million from investors. 

Bitcoin Pepe wants to revolutionise the Bitcoin ecosystem by leveraging the liquidity and security of the Bitcoin blockchain. It will use Bitcoin’s position in the market to introduce memecoins to its ecosystem. 

The team is currently building a layer-2 network on the Bitcoin blockchain. This L2 will specialise in memecoin trading and other DeFi activities. It will enable Bitcoin Pepe to become home to memecoin activities within the Bitcoin ecosystem. This will help it unlock decentralized finance (DeFi) and meme trading on top of BTC.

Bitcoin Pepe is also the first meme initial coin offering (ICO) on the Bitcoin blockchain, making it the perfect fusion between BTC’s security and the unstoppable force of memecoins. 

Bitcoin Pepe presale surpasses $4.5m

The Bitcoin Pepe presale is selling out fast, with investors putting in $4,686,963 into the project over the past four weeks. Currently in its seventh stage, the presale will enter the next stage after raising $5.67 million.

$BPEP, Bitcoin Pepe’s native token, is available to investors via the Bitcoin Pepe website. It can be purchased using various cryptocurrencies, including ETH, USDT, USDC, BNB, and SOL. In this sixth presale stage, $BPEP is worth $0.0281 and will increase to $0.0295 in the eighth stage. 

How will Bitcoin Pepe impact the Bitcoin blockchain?

Bitcoin Pepe is launching an L2 that could revolutionise how users interact with the Bitcoin blockchain. This L2 will introduce DeFi and memecoin trading on Bitcoin, which could enhance the network’s utility, enabling it to compete with smart contract blockchains like Ethereum and Solana in terms of utility. 

Furthermore, the network will enable developers to launch memecoins on the Bitcoin blockchain with ease. Memecoins will empower the Bitcoin blockchain to become home to a crazy high-octane meme experience. 

The Bitcoin Pepe project is working to unlock Bitcoin’s $2 trillion dormant market cap, making it available for memecoin trading. The network will provide the necessary infrastructure for all memes to migrate to BTC, ensuring security and liquidity for investors and users. 

Should you buy the $BPEP token today?

The $BPEP token will exclusively power activities within the Bitcoin Pepe ecosystem. With the right level of adoption, $BPEP could be a top performer within the broader cryptocurrency market. 

The presale will enter the eighth stage in the coming hours or days, with the $BPEP token set to increase to $0.0295. Thanks to the promising utility of its L2 network, this presale could be the perfect opportunity for investors to get in early and buy the tokens at a discount.

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Bitcoin Pepe momentum gains steam as crypto market crashes

US inflation eased in February for the first time in four months; an aspect that has aided the much-awaited crypto recovery. Even so, most cryptocurrencies, including majors like Bitcoin, remain under selling pressure amid tariff jitters. The hype surrounding meme coins has also slowed in recent months with several recording double-digit losses.

However, revolutionary projects like Bitcoin Pepe continue to capture the attention of savvy investors worldwide. Less than a month since the launch of its presale, the crypto has sold out its initial five stages as meme coin lovers and Bitcoin enthusiasts alike rush to amass BPEP tokens at an affordable rate. 

Pepe readies for a breakout as inflation data bolsters crypto recovery

Since early December 2024 when it hit its all-time high, Pepe has plunged by about 74%. Indeed, this is not an isolated case as some major meme coins like Dogecoin, Shiba Inu, and Popcat have also recorded double-digit losses during the same timeframe. 

A look at Pepe’s daily price chart indicates that the crypto may successfully stage a breakout in the ensuing days or weeks. Earlier in the week, the meme coin hit its lowest level in over a year at $0.000005228 as the sell-off continued to weigh on cryptocurrencies. It has since rebounded to $0.000007130 as at the time of writing. 

While it is still trading below the 25 and 50-day EMAs, its RSI indicator is facing upwards. Besides, the encouraging US CPI data released on Wednesday has contributed to the observed crypto recovery.

According to Labor Department, the country’s inflation has eased for the first time in four months; slowing beyond expectations in February. The headline CPI dropped to 2.8% from 3% while core inflation was down from 3.3% to 3.2%. 

In the short term, the range between the support zone of $0.000005580 and the resistance level of $0.000009246 will be worth watching. Notably, the crypto may face some resistance along the 25-day EMA at $0.000007890 before gathering enough bullish momentum to rebound further. 

Pepe Price
Pepe Price

Bitcoin Pepe’s potential to sustain its momentum growth 

The hype surrounding meme coins has cooled in recent months as the bitcoin season persists. Even so, savvy investors are still on the look out for revolutionary projects with huge growth potential. Indeed, it is Bitcoin Pepe’s uniqueness and potential that has attracted a large number of investors in such a short period.

In less than a month, the project has already sold out its initial five stages and has raised over $4.6 million. As its momentum builds steadily, Bitcoin Pepe has secured its position as one of the ICOs crushing it in 2025. 

Its vision of building Solana on Bitcoin is seen to be the network’s missing puzzle and investors are rushing to amass some BPEP tokens at an affordable price. Its Layer-2 solution creates an ideal meme trading platform that assures speed and security.

Besides, its pricing model favors long-term holders and early adopters. At the current stage 6, the initial investors have already secured gains of 27.6%. By the end of the 30 stages, their capital investment will have earned cumulative gains of 311.4%. As such, this is the opportune time for savvy investors to board this highly profitable bandwagon. Hurry up and buy Bitcoin Pepe here.

Shift in market sentiment to offer Bitcoin price another chance at retesting crucial zone

The crypto fear & greed index still exudes fear as the selling pressure continues to shape the sector. However, Bitcoin price appears to be finding its floor as the market reacts to the positive US inflation data. 

A look at its daily chart indicates that the crypto is still trading below the 25 and 50-day EMAs; a sign that it is not out of the woods yet.

 In the short term, the range between the support zone of $80,525 and the 25-day EMA at $88,096 will be worth watching. A shift in the market sentiment may have the bulls break that resistance for a chance to rebound past the crucial zone of $90,000. More specifically, the target will be along the 50-day EMA at $91,498. 

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Ripple Secures DFSA License in the UAE

  • Ripple has secured a major license in the Middle East after getting regulatory nod from the Dubai Financial Services Authority (DFSA).
  • The license allows Ripple to offer regulated crypto payments and services within the Dubai International Finance Centre (DIFC).

Ripple announced on March 13, 2025 that it had secured a major license in the Middle East.

The Dubai Financial Services Authority (DFSA) has greenlit Ripple to offer regulated crypto payments and services within the Dubai International Finance Centre (DIFC).

Ripple becomes the first blockchain-enabled payments provider to snag this crucial DFSA license.

Ripple secures license in Middle East milestone

This DFSA approval marks another of Ripple’s footprint in the Middle East, with this adding to a presence that includes major partnerships in the region.

It enhances the XRP creator’s recognition and aligns with Ripple’s plans to add to its global customer base. The license also means a potentially massive opportunity for XRP adoption.

“We are entering an unprecedented period of growth for the crypto industry, driven by greater regulatory clarity around the world and increasing institutional adoption,” said Brad Garlinghouse, chief executive officer of Ripple. “Thanks to its early leadership in creating a supportive environment for tech and crypto innovation, the UAE is exceptionally well-placed to benefit.”

A 2024 Ripple survey found 64% of finance leaders in the Middle East and Africa (MEA) see faster payments as the killer app for blockchain-based currencies. No surprise, then, that over 82% of MEA finance bosses say they’re “very or extremely confident” about integrating this tech into their operations.

“Dubai and the broader UAE have established themselves as leaders in fostering a progressive and well-defined regulatory framework for digital assets,” said Reece Merrick, Ripple’s managing director for Middle East and Africa.

Merrick added;

“Securing this DFSA license is a major milestone that will enable us to better serve the growing demand for faster, cheaper and more transparent cross-border transactions in one of the world’s largest cross-border payments hubs.”

This license will be great for Ripple’s stablecoin RLUSD, which the company launched late last year. Like other stablecoins, RLUSD could supercharge crypto adoption in the UAE, with users accessing real-time settlement for cross-border payments and remittances.

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