Koinbulteni

Bitcoin and Nasdaq experienced recent declines coinciding with a sudden rise in the Japanese yen and Japan government bond yields, reminiscing August for investors. Yen's strength may trigger a flight from risky assets in Wall Street and crypto markets. However, an overly optimistic sentiment towards the yen could create a potential market backlash. Japan might respond to prevent the yen's surge, slowing its appreciation. This scenario resembles the events of August last year, where a rapid rise in the yen was followed by significant increases in stock prices and Bitcoin. Currently, Bitcoin is trading around $81,188, having lost around 5% in value since the beginning of March.

In a recent correction phase, Bitcoin saw a divergence in the altcoin market. While large-cap altcoins remained resilient, mid and small-cap altcoins turned negative. This shift, although risky, historically presents opportunities for investors. The difference between the 365-day and 30-day moving averages indicates weaker performance in mid and small-cap altcoins compared to the broader market. Such periods have historically offered appealing opportunities for long-term investors. Amid uncertainties about whether the current market conditions represent a temporary correction, observing Bitcoin’s performance remains crucial for investors to adjust portfolios and develop long-term strategies in response to the notable divergence in the altcoin market.

Holesky testnet overcame a two-week issue and resumed operations on March 11th. The problem, caused by a configuration error in client software during a major update, disrupted transaction confirmations. Meanwhile, Sepolia testnet faced block production issues due to a user-triggered anomaly. Developers aim to restore stability and implement enhancements like paying gas fees with tokens other than ETH.

Suspicion arises regarding Ethereum Foundation's actions as the price of Ethereum (ETH) continues to drop. A wallet supposedly owned by the Foundation attempted to lower liquidation price on the Maker platform, sparking questions about their response to ETH price decline. Clarifications suggest the wallet belongs to an early Ethereum investor, not the Foundation, raising concerns about potential selling pressure from other major investors.

Bitcoin Magazine CEO David Bailey suggested financing the US "Gold Card" investor visa program with Bitcoin. This could simplify international money transfers and enhance the legal status of Bitcoin, offering new opportunities for users and modernizing US government finances.

Trump is rumored to sign an executive order this week to ease crypto companies' access to banking services by reversing Biden-era regulations, aiming to eliminate hurdles faced by the industry. The order may allow billions in crypto transactions through banks, potentially benefiting stablecoins and reducing regulatory uncertainties, boosting investments in the sector. This move could give the US an edge in global crypto competition.

Mt. Gox, a bankrupt crypto exchange, moved around $931 million worth of Bitcoin to two different wallets. Recent large transfers aim to prepare for compensating affected investors, but they now have less impact on the market than before.

Bitcoin and altcoins experienced fluctuations in the market, with some witnessing drops in value. Notably, Bitcoin lost 2.1% to $80,403. Ethereum, BNB, XRP, DOGE, ADA, SOL, and TRX also saw declines. Story and Maker were highlighted as the highest rising and falling altcoins, respectively. Crypto market cap stands at around $2.8 trillion, with Bitcoin accounting for about $1.59 trillion. The Dollar index is at 103.85, while the crypto market volume is around $118 billion. Additionally, a significant number of investors were affected by over $620 million worth of positions being liquidated in the past 24 hours, primarily long positions, with Bitcoin being the most impacted.

AI Agents sector in the cryptocurrency market is experiencing a significant decline of approximately 77.5% from its peak level, leading to concerns among investors. The total market value of AI Agents cryptocurrencies has dropped to $3.691 billion according to CoinMarketCap data. Despite the general downward trend, some coins like MyShell (SHELL) have been able to gain value and stand out from the market.

Utah Senate approved a crypto regulation, protecting citizens' rights but excluded a crucial provision allowing the state to create a Bitcoin reserve. This decision showcases Utah's innovative approach towards cryptocurrencies, despite missing the opportunity to establish a Bitcoin reserve. Meanwhile, attention shifts to Texas, which has proceeded with a similar bill, potentially becoming the first state to establish a Bitcoin reserve in the U.S.

The weakening of the US dollar may benefit Bitcoin, but two critical indicators pose short-term risks. Analyst Jamie Coutts highlights the MOVE Index and corporate bond spreads as potential concerns amidst dollar depreciation. Bitcoin investors should monitor these risks.

A crypto whale invested $3.92 million in USDC to buy a large amount of HYPE on the Hyperliquid platform and opened a leveraged position, showing confidence in a price increase. The whale currently holds significant HYPE assets with unrealized losses and additional pending orders.

Experts warn that economic uncertainties from Japan could cause a significant correction in Bitcoin's price, potentially dropping to $70,000 levels. The surge in Japanese government bond yields to the highest level since 2008 has sparked global market unease, with implications for Bitcoin. Jeff Mei from BTSE and Augustine Fan from SignalPlus express pessimism regarding Bitcoin's short-term outlook.

Yüksek riskli işlemleriyle tanınan gizemli bir Ethereum (ETH) balinası, sadece 50 dakikada yaptığı tek işlemle tam 2,15 milyon dolar kazandı.
Kripto para piyasasında devasa kazançlar ve kayıplar yaşanmaya devam ediyor ancak bazı balinalar, yaptıkları yüksek riskli hamlelerle piyasayı şaşırtmaya d