News

Bitcoin jumps past $83,900, lifting Ethereum, Solana, and XRP. With CPI data easing Fed concerns, investors eye further gains.

Your day-ahead look for March 12, 2025

The bullish divergence means the stage is set for a positive response to a potential soft U.s.

The collaboration aims to expand access to tokenized private credit and other real-world assets in the region.

It's hard to imagine a larger catalyst for cryptocurrencies than the one on March 6, when the White House issued an executive order that the U.S. would be forming both a Strategic Bitcoin Reserve and a national Digital Asset Stockpile. And yet in the wake of that ultra-bullish announcement, the prices of major cryptos including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP), and Cardano (CRYPTO: ADA) are all down, and substantially in most cases. Under the plan for the Strategic Bitcoin Reserve and the Digital Asset Stockpile, the government will not be buying any of the cryptocurrencies mentioned above, at least not in a way that involves spending from the nation's budget.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have seen their prices punished recently. After rising to nearly $69 billion in market cap in late 2024, Doge's market cap is now less than $25 billion, and Shiba Inu's price is down more than 60% during the past 12 months. If Dogecoin and Shiba Inu were worth buying the dip, they would need to meet several criteria as part of their investment theses.

Unhappy days are here again for Bitcoin (CRYPTO: BTC) owners. The cryptocurrency's price has plunged roughly 24% after hitting an all-time high earlier this year. Could buying Bitcoin right now set you up for life?