FomoScope - Crypto FOMO Detection & Analysis

news.bitcoin.com Mar 11, 2025 16:30

New Bitwise Bitcoin Standard Corporations ETF Targets Corporate Bitcoin Holders - The Bitwise Bitcoin Standard Corporations ETF, trading as OWNB, has launched, focusing on corporations holding significant bitcoin assets. OWNB: New ETF Captures Corporate Giants With Heavy Bitcoin Investments In a significant development in the cryptocurrency investment landscape, the Bitwise Bitcoin Standard Corporations ETF commenced trading today under the ticker OWNB. This new exchange-traded fund (ETF) […]

FOMO: 85%

cointelegraph.com Mar 11, 2025 17:20

4 signs that $76.7K Bitcoin is probably the ultimate low - Bitcoin (BTC) dropped to a four-month low of $76,700 on March 11, following a 6% weekly decline in the S&P 500 index.The stock market correction pushed the index to its lowest level in six months as investors priced in higher odds of a global economic downturn.Despite Bitcoins 30% drop from its all-time high of $109,350, four key indicators suggest that the correction may be over.Bitcoin bear market needs 40% drop, strong USDSome analysts argue that Bitcoin has entered a bear market. However, the current price action differs significantly from the November 2021 crash, which started with a 41% drop from $69,000 to $40,560 in just 60 days.A comparable scenario today would imply a decline to $64,400 by the end of March.Bitcoin/USD in Nov. 2021 vs. Feb. 2025. Source: TradingView / CointelegraphThe current correction mirrors the 31.5% drop from $71,940 on June 7, 2024, to $49,220 over 60 days.Additionally, during the late 2021 bear market, the US dollar was strengthening against a basket of foreign currencies, as reflected in the DXY index, which surged from 92.4 in September 2021 to 96.0 by December 2021.DXY (left, blue) vs. BTC/USD (right). Nov. 2021 vs. Feb. 2025. Source: TradingView / CointelegraphThis time, however, the DXY started 2025 at 109.2 and has since declined to 104. Traders argue that Bitcoin maintains an inverse correlation with the DXY index, as it is primarily viewed as a risk-on asset rather than a safe-haven hedge against dollar weakness.Overall, current market conditions show no signs of investors moving to cash positions, which supports Bitcoin’s price.BTC derivatives healthy as investors fear AI bubbleThe Bitcoin derivatives market remains stable, as the current annualized premium on futures stands at 4.5%, despite a 19% price drop between March 2 and 11.For comparison, on June 18, 2022, this indicator fell below 0% after a sharp 44% decline from $31,350 to $17,585 in just 12 days.Bitcoin 2-month futures annualized premium. Source: laevitas.chSimilarly, the Bitcoin perpetual futures funding rate is hovering near zero, signaling balanced leverage demand between longs and shorts. Bearish market conditions typically drive excessive demand for short positions, pushing the funding rate below zero.Several publicly traded companies with market values exceeding $150 billion have seen sharp declines from their all-time highs, including Tesla (-54%), Palantir (-40%), Nvidia (-34%), Blackstone (-32%), Broadcom (-29%), TSM (-26%), and ServiceNow (-25%). Investor sentiment, especially in the artificial intelligence sector, has turned bearish amid growing recession fears.Related: Bitcoin $70K retracement part of ‘macro correction’ in bull market — AnalystsTraders are concerned about a potential US government shutdown on March 15, as lawmakers must pass a bill to raise the debt ceiling. However, according to Yahoo Finance, the Republican party remains divided.The key points of contention in House Speaker Mike Johnson’s proposal are increased spending on defense and immigration.Risk-on markets, including Bitcoin, are likely to react positively if an agreement is reached.Real estate crisis is not necessarily negativeEarly signs of a real estate crisis could accelerate capital outflows into other scarce assets. According to Feb. 27 data from the US National Association of Realtors, home contract signings fell to an all-time low in January.Additionally, a Feb. 23 opinion piece in The Wall Street Journal revealed that over 7% of Federal Housing Administration-insured loans are at least 90 days past due, surpassing the peak of the 2008 subprime crisis.In essence, Bitcoins path to reclaiming $90,000 is supported by a weaker US dollar, historical evidence that a 30% price correction does not signal a bear market, resilience in BTC derivatives markets, contagion from government shutdown risks, and early signs of a real estate crisis.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

FOMO: 88%

thedefiant.io Mar 11, 2025 17:01

U.S. Congressman Nick Begich Introduces Strategic Bitcoin Reserve Bill to Buy 1 Million BTC with Six Co-Sponsors - U

FOMO: 90%

news.bitcoin.com Mar 11, 2025 18:30

Cantor Fitzgerald Launches $2 Billion Bitcoin Financing Initiative - Cantor Fitzgerald, a global financial services firm, is launching a bitcoin financing business to provide leverage to investors holding the cryptocurrency. Wall Street Firm Expands Into Bitcoin Leverage Services The New York-based company announced it will begin operations with $2 billion in initial financing, planning to expand significantly over time. The initiative aims to meet […]

FOMO: 85%

en.cryptonomist.ch Mar 11, 2025 17:37

Best Crypto to Buy Now During The Dip – Is Bitcoin Dead? - Bitcoin made a slight comeback on Tuesday after initially falling to $76k yesterday—its lowest since November 2024. At the time of writing, the crypto king is now back above the $80k level as whales continue to buy the dip in anticipation of a bigger bullish reversal. On-chain data, especially...

FOMO: 85%

www.coindesk.com Mar 11, 2025 18:59

Ukraine Ceasefire Breakthrough Sends Markets Into Green; Bitcoin Retakes $83K - Bitcoin fell to as low as $76,600 overnight.

FOMO: 85%

cointelegraph.com Mar 11, 2025 19:09

Bitwise launches Bitcoin corporate treasury ETF - Bitwise has launched an exchange-traded fund (ETF) holding stocks of companies with large Bitcoin (BTC) treasuries, the asset manager said on March 11. The Bitwise Bitcoin Standard Corporations ETF (OWNB) “seeks to track the Bitwise Bitcoin Standard Corporations Index, a new equity index of companies with at least 1,000 bitcoin in their corporate treasuries,” Bitwise said. The ETF is the latest in a flurry of new investment products aimed at offering exposure to companies with large Bitcoin treasuries. “A lot of people wonder: Why do companies buy and hold bitcoin? The answer is simple: For the exact same reasons people do,” Matt Hougan, Bitwise’s chief investment officer, said in a statement.“These companies perceive bitcoin as a strategic reserve asset that’s liquid and scarce — and not subject to the whims or money printing of any government.”Public companies are among the largest institutional Bitcoin holders. Source: BitcoinTreasuries.NETRelated: Trump-linked Strive files for ‘Bitcoin Bond’ ETFIndex of Bitcoin buyersAs of March 11, the ETF’s largest holdings include Strategy (MSTR), Michael Saylor’s de facto Bitcoin fund, and Bitcoin miners such as MARA Holdings (MARA), CleanSpark (CLSK), and Riot Platforms (RIOT).It also includes stocks such as gaming company Boyaa Interactive and investment manager Galaxy Digital (GLXY). Bitwise’s index is weighted based on the amount of Bitcoin held, with the largest holding capped at 20%, the asset manager said. OWNB’s largest holdings. Source: BItwiseBitcoin treasuries take offIn 2024, rising Bitcoin prices sent shares of Strategy soaring more than 350%, according to data from FinanceCharts. The move prompted dozens of other companies to start accumulating Bitcoin treasuries. According to BitcoinTreasuries.NET, corporate Bitcoin holdings exceed $54 billion as of March 11. Strategy remains the largest corporate Bitcoin holder, with a treasury worth more than $41 billion, the data shows. Even the US government has created a strategic Bitcoin reserve, initially comprising only Bitcoin seized by law enforcement. Other asset managers are launching similar investment products to Bitwise’s. In December, asset manager Strive, founded by former US presidential hopeful Vivek Ramaswamy, asked United States regulators for permission to list an ETF investing in convertible bonds issued by Strategy and other corporate Bitcoin buyers. The ETF seeks to offer exposure to “Bitcoin Bonds,” described as “convertible securities” issued by companies that plan to “invest all or a significant portion of the proceeds to purchase Bitcoin,” according to the filing. Asset manager REX Shares is also preparing to launch a Bitcoin corporate treasury ETF, it said on March 10.Magazine: Meet lawyer Max Burwick — ‘The ambulance chaser of crypto’

FOMO: 90%

cryptoslate.com Mar 11, 2025 19:11

Senate, House lawmakers reintroduce Bitcoin Act legislation to accumulate 1 million BTC - Senator Cynthia Lummis reintroduced legislation that would authorize the US government to acquire up to 1 million Bitcoin (BTC), formalizing President Donald Trump’s recent executive order establishing a federal Bitcoin reserve. The BITCOIN Act aims to integrate digital assets into US financial strategy, requiring the Treasury Department to manage the acquisition and secure storage of […] The post Senate, House lawmakers reintroduce Bitcoin Act legislation to accumulate 1 million BTC appeared first on CryptoSlate.

FOMO: 90%

@BTC_Archive Mar 11, 2025 19:11

Bitcoin bounces +$4,000 to $83,348

FOMO: 85%

coinpedia.org Mar 11, 2025 19:18

Will Solana (SOL) Reclaim $180? Key Chart Signals Massive Move - The post Will Solana (SOL) Reclaim $180? Key Chart Signals Massive Move appeared first on Coinpedia Fintech News After a notable price decline in recent days, Solana (SOL) is now poised for a massive upside rally due to its bullish price action on the daily time frame. SOL is one of the top...

FOMO: 90%

bitcoinmagazine.com Mar 11, 2025 19:51

US Senator And Congressman Introduce Strategic Bitcoin Reserve Bills To Buy One Million BTC - Bitcoin Magazine US Senator And Congressman Introduce Strategic Bitcoin Reserve Bills To Buy One Million BTC Speaking at the “Bitcoin for America” summit, lawmakers announced their plans to create a federal bitcoin reserve that would see the U.S. buy one million BTC. This post US Senator And Congressman Introduce Strategic Bitcoin Reserve Bills To Buy One Million BTC first appeared on Bitcoin Magazine and is written by Nik.

FOMO: 90%

dailyhodl.com Mar 11, 2025 19:55

Bitcoin and Crypto About To Be Boosted by Global Money Supply Explosion: Former Goldman Sachs Executive - Real Vision CEO and former Goldman Sachs executive Raoul Pal believes increasing global liquidity will soon send Bitcoin (BTC) and other digital assets soaring on a new leg up. Pal tells his 1.1 million followers on the social media platform X that a historical relationship between Bitcoin and...

FOMO: 90%

news.bitcoin.com Mar 11, 2025 19:59

Bitcoin Jumps 5.75% as US Trade Tensions Ease and Ukraine Reaches Ceasefire Deal - Bitcoin’s price rebounded late Tuesday afternoon (4 p.m. ET), climbing to the $83,568 range after dipping below $80,000 earlier in the day. This movement coincided with Canada’s decision to halt electricity tariffs on the United States and Ukraine’s agreement to a 30-day ceasefire with Russia following U.S.-led negotiations in Saudi Arabia. Crypto Market Improves as […]

FOMO: 85%

dailyhodl.com Mar 11, 2025 20:00

Second-Largest Bank in Spain To Offer Bitcoin (BTC) and Ethereum (ETH) Trading Services: Report - Spains second-largest bank is planning to roll out trading services for Bitcoin (BTC) and Ethereum (ETH). In a new announcement, Banco Bilbao Vizcaya Argentaria (BBVA) says it has obtained the necessary approvals from the countrys securities regulator, the National Securities Market Commission...

BTC

FOMO: 85%

cointelegraph.com Mar 11, 2025 20:35

Cboe seeks to add staking to Fidelity’s Ether ETF - Securities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity’s Ether exchange-traded fund (ETF), according to a March 11 filing. The filing marks Cboe’s latest attempt to support staking for the Ether (ETH) funds traded on its US exchange. Cboe’s proposed rule change would allow Fidelity Ethereum Fund (FETH) to “stake, or cause to be staked, all or a portion of the Trust’s ether through one or more trusted staking providers,” the filing said.The Fidelity Ethereum Fund is among the most popular Ether ETFs, with nearly $1 billion in assets under management, according to data from VettaFi. In February, Cboe asked permission to add staking to another Ether ETF, the 21Shares Core Ethereum ETF.Staking Ether enhances returns and involves posting ETH as collateral with a validator in exchange for rewards.As of March 11, staking Ether yields approximately 3.3% APR, denominated in ETH, according to Staking Rewards.Other popular cryptocurrencies, including Solana (SOL), also feature staking mechanisms. Staking rewards by asset type. Source: Staking RewardsRelated: SEC seeks comment on in-kind redemptions for Bitcoin, Ether ETFsProposed rule changesThe US Securities and Exchange Commission must still approve Cboe’s proposed rule changes before staking can commence.In February, the SEC acknowledged more than a dozen exchange filings related to cryptocurrency ETFs, according to records.The SEC’s acknowledgments highlight how the agency has softened its stance on crypto since US President Donald Trump started his second term on Jan. 20. In addition to staking, the filings, submitted by Cboe and other exchanges, addressed proposed rule changes concerning options, in-kind redemptions and new types of altcoin funds.Cboe has also asked permission to list Canary and WisdomTree’s proposed XRP (XRP) ETFs and support in-kind creations and redemptions for Fidelity’s Bitcoin (BTC) and ETH ETFs, among other proposed changes.Magazine: MegaETH launch could save Ethereum… but at what cost?

FOMO: 85%