FomoScope - Crypto FOMO Detection & Analysis

cointelegraph.com Mar 24, 2025 02:55

Bitcoin bottom forming as Fed eases, Trump softens on tariffs: Analyst - Bitcoin may have bottomed and could rebound toward $90,000 after US President Donald Trump signaled a willingness to ease tariffs and the Federal Reserve resisted short-term pressure last week, according to a crypto analyst.“Bitcoin is attempting to form a bottom, supported by Trump’s recent shift toward ‘flexibility’ on the upcoming April 2 reciprocal tariffs, softening his earlier rhetoric,” 10x Research’s founder Markus Thielen said in a March 23 report.The Federal Reserve signaled in its March 18-19 meeting that it would also “look past short-term inflationary pressures, laying the groundwork for potential future easing,” Thielen added.“Powell’s mildly dovish tone suggests that the Feds put remains intact, providing further support for a recovery in stock prices.”10x Research’s Bitcoin reversal indicators have turned bullish as a result, with Bitcoin’s (BTC) 21-day moving average now at $85,200, Thielen noted.Bitcoin’s bottoming formations over the last two years. Source: 10x ResearchHe said these weekly reversal indicators have pulled back to levels where past bull markets have resumed, such as in September 2023 — spurred on by the Bitcoin exchange-traded fund narrative — and August 2024 as the US election neared.“In short, the technical backdrop has now reset to a point where a renewed uptrend could plausibly unfold.”Thielen also noted that several altcoins are already breaking out of their downtrend channels and trading at more “attractive levels.”Bitcoin is currently trading at $85,720, up 2.1% over the last 24 hours, CoinGecko data shows.Meanwhile, Ether (ETH), Tron (TRX), and Avalanche (AVAX) have rebounded 4.3%, 6.4% and 8.9% respectively over the last week. The crypto research analyst, however, expects to see “significant resistance” at the $90,000 mark for Bitcoin, should it reach that level.Despite the more positive outlook, “no clear catalyst exists for an immediate parabolic rally” is in sight, Thielen said.Related: Bitcoin ‘in position’ for first key RSI breakout in 6 months at $85KHe initially said Bitcoin wouldn’t drop below $73,000 — thereby avoiding a “deep bear market” — because the largest sum bracket of Bitcoin holders (wallets with 100-1000 Bitcoin) are likely family offices and wealth managers who are invested in Bitcoin for the long term.He also noted that the US-based spot Bitcoin ETFs returned inflows for the first time last week since the last week of January. “We expect Bitcoin ETF selling from arbitrage-focused investors to wind down, as the arbitrage opportunities have primarily been closed for weeks,” Thielen added.Magazine: SEC’s U-turn on crypto leaves key questions unanswered

FOMO: 88%

cointelegraph.com Mar 24, 2025 02:55

Bitcoin bottom forming as Fed eases, Trump softens on tariffs: Analyst - Bitcoin may have bottomed and could rebound toward $90,000 after US President Donald Trump signaled a willingness to ease tariffs and the Federal Reserve resisted short-term pressure last week, according to a crypto analyst. Bitcoin is attempting to form a bottom, supported by Trumps recent...

BTC

FOMO: 85%

coincu.com Mar 24, 2025 03:30

IMF Integrates Cryptocurrencies into Global Economic Reporting Framework - IMFs new framework includes cryptocurrencies, impacting global financial standards.

FOMO: 85%

www.coindesk.com Mar 24, 2025 04:21

Bitcoin, XRP and SOL Rise With U.S. Equity Futures as Trump Plans Targeted Action for Tariffs Liberation Day - SOL leads BTC and XRP higher as SPX futures cheer reports that expected Trump tariffs on April 2 could be narrower in scope that initially expected.

FOMO: 85%

cryptobriefing.com Mar 24, 2025 05:13

Bitcoin could hit $110K before $76.5K retest as Feds back to pumping liquidity: Arthur Hayes - The Feds money-printing shift may fuel Bitcoins price surge.BitMEX co-founder Arthur Hayes predicts that Bitcoin will blow past $110,000 before pulling back to $76,500 as the central bank switches from tightening to easingwhich could inject liquidity into the market and drive up the digital...

BTC

FOMO: 85%

cointelegraph.com Mar 24, 2025 05:21

Weekend wrap: Trump pumps, Tornado Cash on MegaETH, solo miner wins $266K and more - TRUMP token rallies after President Trump says it “SO COOL”The Official Trump (TRUMP) memecoin linked to US President Donald Trump soared over 12% to $12.25 in 40 minutes on March 23, after the president called it “The greatest of them all” on social media.“I LOVE $TRUMP — SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!” Trump said on Truth Social on March 23 at 2:33 am UTC.Source: Donald TrumpNearly $250 million was added to the TRUMP token’s $2.5 billion market cap by 3:11 am before the memecoin fell back down to $11.38 about 90 minutes later, CoinGecko data shows and is now trading at $11.82.Despite being the 53rd largest coin by market cap, Trump’s post contributed to it being the eighth most-traded token over the last 24 hours with $1.4 billion in trading volume.Not everyone who bought TRUMP walked away a winner on March 23.One whale who previously banked around $108 million on TRUMP lost $207,000 from a recent trade; blockchain analytics firm Lookonchain pointed out.The TRUMP token has traded mostly downward and sideways ever since it reached a peak market cap of $14.6 billion on Jan. 19.Change in TRUMP’s price since Jan. 18. Source: CoinGeckoTornado Cash goes live on MegaETH testnetA largely unknown crypto developer who goes by the name “GUNBOATs” on X has launched crypto privacy mixer Tornado Cash on MegaETH testnet — a new Ethereum layer 2 blockchain looking to resolve Ethereum’s scalability issues. The crypto developer showed a command-line interface (terminal window) of the Tornado Cash smart contract “0x0cB…65142” deployed on the MegaETH testnet at block 1,397,845 — which was timestamped on March 21 at 5:41 pm UTC, according to the MegaETH explorer.Source: GUNBOATsThe integration occurred shortly after the US Treasury Department removed Tornado Cash from its sanctions list on March 21 and two months after a US appeals court said the Treasury’s Office of Foreign Assets Control couldn’t sanction Tornado Cash smart contracts because they are not the property of a foreign national.MegaETH also launched its testnet on the same day the Tornado Cash sanction was lifted.While it isn’t clear if and when a full launch will occur, the company behind the MegaETH public testnet claims it offers “unparalleled performance” with 10 millisecond block times while processing around 20,000 transactions per second.Solo Bitcoin miner snags BTC block, banking $266KA solo Bitcoin miner believed to have been using a miner with less than one terahash per second (TS/s) has solved one of the blockchain’s blocks and earned a $266,552 reward.“Another solo miner found a block!! This time on a self hosted Public Pool. We can’t be sure but the guess is it was a miner with less than 1 TH/s,” Nerdminer Store said in a March 23 X post.The Bitcoin miner snared a total of 3.15 BTC for solving block 888,989, which was timestamped on March 23 at 1:30 am UTC, mempool.space data shows.That bounty included the current 3.125 Bitcoin subsidy and another 0.027 Bitcoin ($2,254) from transaction fees.If Nerdminer is correct in believing a miner with less than 1 TH/s was used to mine the block, the machine likely would have been a hand or pocket-sized rig that possesses a fraction of the hashrate that industrial-scale application-specific integrated circuits (ASIC) have.Example of a pocket-sized Bitcoin mining rig that may have solved Bitcoin block 888,989. Source: ASIC Miner ValueFor context, the Bitcoin mining marketplace estimates that the odds of the 1.2TH/s rig mining a solo block on any day is one in 4.6 million chance.It comes after a 0.48 TH/s mining machine solved Bitcoin block 887,212 on March 10, banking $263,000 in total rewards.No, the IMF did not say Bitcoin is ‘digital gold’Bitcoin was mentioned several times in the International Monetary Fund’s seventh edition of its “Integrated Balance of Payments and International Investment Position Manual,” which was published on March 20 — but none of which referred to it as “digital gold,” contrary to some reports. The IMF provided classifications on “crypto assets” such as Bitcoin as a “medium of exchange” while stating that many new digital assets are designed to also act as a “store of value.”The IMF’s comment on digital assets was misinterpreted by members of the crypto industry. Source: IMF“This is a massive stretch to jump to: ‘IMF says bitcoin is digital gold,’” Satoshi Action Fund CEO Dennis Porter said in a March 23 X post.“[It’s] a good sign that the IMF is recognizing this but definitely not an endorsement of Bitcoin as ‘digital gold.’”The IMF also distinguished fungible tokens from non-fungible tokens and classified the latter as either a token designed to act as a medium of exchange or as a security.Related: Who’s running in Trump’s race to make US a ‘Bitcoin superpower?Bitcoin and “crypto assets” were among nine “major changes” to the seventh edition, which comprised 1,076 pages.The IMF’s seventh edition was released as it continues to negotiate with El Salvador over narrowing the scope of the country’s Bitcoin activities.Other news: Stablecoin issuer Tether is reportedly engaging with a Big Four accounting firm to audit its assets reserve and verify that its Tether (USDT) stablecoin is backed at a 1:1 ratio. The auditing of Tether’s $143.5 billion worth of assets is expected to be more straightforward under US President Donald Trump, Tether’s CEO Paolo Ardoino reportedly said.The CEO of Pakistan’s Crypto Council, Bilal Bin Saqib, has proposed using the country’s runoff energy to fuel Bitcoin mining at the Crypto Council’s inaugural meeting on March 21. It is reportedly exploring comprehensive regulatory frameworks to attract more foreign crypto investment into the country and potentially become a crypto hub.Magazine: What are native rollups? Full guide to Ethereum’s latest innovation

FOMO: 90%

@BTC_Archive Mar 24, 2025 05:21

$87,000 Bitcoin

FOMO: 90%

coinpedia.org Mar 24, 2025 05:41

Bitcoin ETFs Surge $744M, Ethereum ETFs Drop $103M - . Meanwhile, Bitcoin spot ETFs saw strong demand, raking in $744 million in net inflows for the week. BlackRocks IBIT dominated with $538 million in inflows, reinforcing Bitcoins growing institutional appeal.

BTC

FOMO: 85%

coinpedia.org Mar 24, 2025 06:01

Why Crypto Market Is Up Today: Bitcoin & Solana Rally as Tariff Fears Ease - . But now things are changing, Bitcoin, XRP, and Solana saw strong gains early Monday as reports suggested that the upcoming Trump tariffs on April 2 might not be as aggressive as previously feared. This shift in expectations …

BTC

FOMO: 85%

square.binance.com Mar 24, 2025 05:20

Bitcoin(BTC) Surpasses 87,000 USDT with a 3.42% Increase in 24 Hours - On Mar 24, 2025, 05:20 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 87,000 USDT benchmark and is now trading at 87,009.4375 USDT, with a narrowed 3.42% increase in 24 hours.

BTC

FOMO: 90%

cryptonews.com Mar 24, 2025 05:57

Robert Kiyosaki Calls Bitcoin Biggest Opportunity in History, Predicts $200K Rally This Year - Robert Kiyosaki warns that fear of making mistakes will keep many poor, while bold Bitcoin investors stand to gain generational wealth..

BTC

FOMO: 90%

dailyhodl.com Mar 24, 2025 07:04

Rare Signal Flashing for Bitcoin As Two Macro Factors Align in Favor of BTC, According to Analyst - A popular crypto strategist says that a confluence of macroeconomic factors is flashing bullish for Bitcoin (BTC). Pseudonymous analyst TechDev tells his 517,800 followers on the social media platform X that the Bitcoin bull market is not yet over based on a setup that features rising global...

BTC

FOMO: 90%

www.coindesk.com Mar 24, 2025 07:20

Metaplanet Adds 150 Bitcoin to Tally, Days After Eric Trumps Advisor Appointment - The company has hit a BTC yield of 68% so far in 2025.

FOMO: 85%

theblock.co Mar 24, 2025 07:27

Bitcoin gains above $87,000 alongside XRP, SOL as Trump tariff concerns ease - Analysts said reports of the White House taking a more moderate approach in pushing tariffs provided some relief for investors.

FOMO: 85%

coinpaprika.com Mar 24, 2025 07:28

Bitcoin ETFs See Strong Inflows After Weeks of Losses - Bitcoin ETFs recorded $744 million in inflows after five weeks of outflows, signaling renewed institutional activity despite ongoing market caution.

BTC

FOMO: 85%