Rabu, 12 Maret 2025

4️⃣ Signs Bitcoin hit rock bottom


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Your Daily Digest of the 🔥Hottest News in Crypto

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Today's top stories:

4️⃣ Signs $76.7K is Bitcoin's floor

👀 CoreWeave's big OpenAI deal - win or rebound?

👉 The US Crypto Reserve: More than just a HODL play

📰 Keep reading to find out about all of today's top news & stories

Is $76.7K Bitcoin the Bottom? 4 Signs Say Yes

Bitcoin's recent dip to $76,700 has traders questioning if the worst is over. With a weak dollar, bullish derivatives markets, and the US budget crisis shaking up the economy, some analysts say the correction could be done.

Given BTC's 30% plunge from its all-time high, these four indicators suggest a bounce might be coming.

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The Sandbox's Sebastien Borget Hates the 'Influencer' Label

Despite being recognized at crypto events and even having his own memecoin, The Sandbox co-founder Sebastien Borget refuses to call himself an influencer. His SEB token? Worthless—by design. Unlike Hollywood's memecoin cash grabs, Borget's token is just for community engagement. No pump, no dump, just vibes.

"I don't consider myself a crypto influencer, and I try to keep a very humble and low profile at the end of the day," Borget tells Hall of Flame.

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"CoreWeave's $11.9B OpenAI Deal—Big Win or Just a Microsoft Rebound?

AI infrastructure firm CoreWeave just secured an up-to-$11.9 billion deal with OpenAI, sweetening the pot with a $350 million stock investment. The deal comes just as CoreWeave gears up for its IPO and follows Microsoft canceling previous contracts—making this partnership a crucial revenue boost.

Bitwise Rolls Out Bitcoin Treasury ETF

Bitwise just launched the Bitcoin Standard Corporations ETF (OWNB), tracking companies with massive Bitcoin holdings—think MicroStrategy and top Bitcoin miners. As demand for BTC exposure grows, this ETF is another way for investors to tap into corporate Bitcoin adoption without buying BTC directly.

OPINION

The US Crypto Reserve: More Than Just a HODL Play

The US government's new crypto reserve—holding Bitcoin, Ether, XRP, Solana, and Cardano—has traders buzzing, but the real impact goes beyond price moves. By legitimizing these platforms, the reserve could supercharge DeFi, infrastructure, and blockchain gaming, fueling a wave of investment and innovation.