What to know:
- Bitcoin decided to stop being dramatic and climbed back to $82,000 after a brief existential crisis below $78,000. Ether, BNB, XRP, and ADA tagged along like supportive friends at a brunch. 🥂
- The SEC, in its infinite wisdom, hit the snooze button on XRP, Dogecoin, and Litecoin ETF filings. Because why make decisions when you can just… not? 🤷♀️
- Senator Cynthia Lummis is back with her BITCOIN Act, proposing the U.S. buy 1 million BTC as a “strategic reserve.” Because nothing says “financial stability” like hoarding digital Monopoly money. 💰
Bitcoin (BTC) pulled itself together and rallied to nearly $82,000 after a brief dip below $78,000. It’s like that friend who cancels plans but then shows up with pizza. 🍕
Ether (ETH), BNB, XRP, and Cardano’s ADA rose up to 3%, because apparently, misery loves company. The CoinDesk 20 (CD20) also joined the party, adding nearly 4%. 🎉
Meanwhile, the SEC is still dragging its feet on XRP, Dogecoin, and Litecoin ETF filings. Bloomberg analysts had given Litecoin a 90% chance, Doge 75%, and XRP 65% for approval by year-end. But hey, who needs deadlines when you’re the SEC? 🐌
Traders are still eyeing a pullback to $74,000, because nothing says “fun” like predicting the unpredictable. 🎲
“Previously, a similar decline would complete a corrective pullback, attracting buyers,” said Alex Kuptsikevich, FxPro chief market analyst. “But now, thanks to traditional financial companies, the crypto market is basically tied to the stock market. So, buckle up, kids. 🎢”
Meanwhile, Senator Cynthia Lummis is back with her BITCOIN Act, proposing the U.S. buy 1 million BTC as a “strategic reserve.” Because if there’s one thing the government needs, it’s more Bitcoin. 🏦
The first $6 billion in remittances from reserve banks would be set aside each year between 2025 and 2029 to build up the reserve. Because nothing says “fiscal responsibility” like spending billions on digital assets. 💸
Some are speculating that major tokens like XRP, SOL, and ADA could be included in the reserve in the future. Because why stop at Bitcoin when you can collect them all? 🃏
“Altcoins such as XRP, SOL, and ADA pumped higher than expected as pro-crypto Senator Lummis reintroduced her strategic Bitcoin reserve bill,” said Nick Ruck, director at LVRG Research. “Because apparently, the government’s new hobby is crypto collecting. 🖼️”
Read More
- Best Crosshair Codes for Fragpunk
- Monster Hunter Wilds Character Design Codes – Ultimate Collection
- Enigma Of Sepia Tier List & Reroll Guide
- Hollow Era Private Server Codes [RELEASE]
- Wuthering Waves: How to Unlock the Reyes Ruins
- FARTCOIN PREDICTION. FARTCOIN cryptocurrency
- Ultimate Tales of Wind Radiant Rebirth Tier List
- Best Crossbow Build in Kingdom Come Deliverance 2
- Best Jotunnslayer Hordes of Hel Character Builds
- Skull and Bones Timed Out: Players Frustrated by PSN Issues
2025-03-12 10:26