FomoScope - Crypto FOMO Detection & Analysis

www.coindesk.com Mar 12, 2025 12:33

Inflation Relief: U.S. CPI Rose Less Than Forecast in February - The bitcoin price jumped above $84,000 on the welcome news.

FOMO: 90%

coinpedia.org Mar 12, 2025 12:18

Ethereum (ETH) Poised for 15% Rally, Eyes on $2,200 - The post Ethereum (ETH) Poised for 15% Rally, Eyes on $2,200 appeared first on Coinpedia Fintech News Ethereum (ETH), the worlds second-largest cryptocurrency by market cap, has been gaining significant attention from crypto enthusiasts. Today, blockchain analytics platform Lookonchain made...

FOMO: 90%

feeds2.benzinga.com Mar 12, 2025 11:59

Bitcoin Is \Digital Sound Money\ In The Safest, Most Prosperous Time In History, Anthony Pompliano Says - Anthony Pompliano, founder and CEO of Professional Capital Management, on Wednesday asserted that humanity is experiencing the safest and most prosperous era read more

FOMO: 90%

feeds2.benzinga.com Mar 12, 2025 11:51

Bitwise Launches ETF Tracking Firms With Over 1,000 Bitcoin - Crypto asset manager Bitwise Asset Management, overseeing $12 billion in client assets, has announced the launched the Bitwise Bitcoin Standard Corporations ETF (NYSE:OWNB) on NYSE Arca, targeting companies holding at least 1,000 Bitcoin (CRYPTO: read more

FOMO: 85%

daily.shib.io Mar 12, 2025 11:39

Sen. Cynthia Lummis Revives BITCOIN Act to Build US Crypto Reserve - Senator Cynthia Lummis has reintroduced the BITCOIN Act during a conference hosted by The Bitcoin Policy Institute. The updated legislation includes new provisions and additional co-sponsors, signaling a renewed push for integrating Bitcoin into U.S. financial strategy. The newly revised...

FOMO: 85%

crypto-economy.com Mar 12, 2025 11:35

Bitcoin Bounces Back Above $82K – Market Sentiment Shifts Bullish - TL;DR Bitcoin surpassed $82,000 again, marking a 1.01% recovery after the recent decline triggered by global economic tensions. Altcoins like XRP (+8.3%) and Cardano (+5.6%) lead the surge, demonstrating strong investor interest following the market-wide correction. Senator Cynthia Lummiss...

BTC

FOMO: 85%

altcoinbuzz.io Mar 12, 2025 11:31

Texas Introduces HB 4258 to Invest $250M in Bitcoin - The bill aims to allocate up to $250 million of state funds to Bitcoin and digital assets. It signals Texass growing commitment to the future of finance. Additionally, the bill allows local governments across Texas to invest up to $10 million in Bitcoin. Texas HB 4258: A Bold Step Toward...

BTC

FOMO: 85%

cointelegraph.com Mar 12, 2025 11:16

Gemini crypto exchange adds USD payment rails for European institutions - Gemini crypto exchange, founded by Cameron and Tyler Winklevoss, is expanding its trading capabilities for institutional clients in Europe by introducing US dollar payment supportGemini has partnered with Liechtenstein-based Bank Frick to enable US dollar payment rails for institutional customers in the United Kingdom and Switzerland, the firm said in an announcement shared with Cointelegraph on March 12.“We plan to expand our rollout of USD rail support to our European Union institutional customers in the next few weeks,” said Gemini’s head of Europe, Mark Jennings.The new functionality will also be available to Gemini’s institutional users in Gibraltar, Jersey, Guernsey and the Isle of Man.Direct crypto trades with US dollarGemini’s new US dollar feature — also coming to some countries in the European Economic Area — will enable institutions to deposit and withdraw US dollars to and from their Gemini accounts with no fees.The functionality will also enable institutions to access US dollar-to-crypto trading pairs and directly trade with US dollars on Gemini, rather than having to convert to the British pound or euros, removing friction, Jennings told Cointelegraph, adding:“With interest in institutional crypto adoption exploding in recent years, US dollar rails will be key in giving a seamless and frictionless trading experience.”For deposits, Gemini will utilize Bank Frick’s instant transfer service called xPulse, which will provide a 24/7 fiat on-ramp for institutional customers who have a Bank Frick bank account, the firm noted.Gemini will provide the feature via its EMI-licensed entitiesAccording to Jennings, Gemini’s new functionality will be available directly on the platform through its own entities that have received Electronic Money Institution (EMI) licenses.“Unlike most CASPs [crypto asset service providers] that rely on partnerships for funding rails due to the lack of an EMI license, our regulatory-first approach allows us to provide seamless funding solutions directly through our own EMI-licensed entities,” the exec told Cointelegraph.It is unclear how widespread US dollar trading support is among other European crypto exchanges and service providers.Related: SEC closed investigation into Gemini with no action, says WinklevossMajor crypto exchange Coinbase introduced US dollar trading pairs for European customers in 2019 for Coinbase Pro and Prime customers. The exchange halted its Pro service in 2023.The news comes soon after Gemini reportedly submitted a confidential filing for an initial public offering (IPO) in the United States.Source: BloombergAccording to Bloomberg’s sources, Gemini’s IPO may be launched as soon as this year and would involve companies like Goldman Sachs and Citigroup.Gemini has been working to go public since at least 2021 and reportedly considered a merger with the now-bankrupt venture capital firm Digital Currency Group.Magazine: Bitcoin’s odds of June highs, SOL’s $485M outflows, and more: Hodler’s Digest, March 2 – 8

FOMO: 90%

www.coindesk.com Mar 12, 2025 11:02

Bitcoin Forms Bullish RSI Divergence Just in Time for U.S. CPI - The bullish divergence means the stage is set for a positive response to a potential soft U.s.

FOMO: 85%

coinpedia.org Mar 12, 2025 10:47

Pi Network Price Prediction 2025: PI Price Gearing Up for a 100% Rise Ahead of Pi Day - The post Pi Network Price Prediction 2025: PI Price Gearing Up for a 100% Rise Ahead of Pi Day appeared first on Coinpedia Fintech News Pi Day is an annual celebration of the mathematical constant Pi, expressed with the decimal 3.14. Interestingly, the mathematical event is considered a bullish...

FOMO: 90%

youtube.com Mar 12, 2025 10:39

Is This A Big Win For Crypto? - 🚨 Could this development represent a significant turning point and major victory for cryptocurrency?

FOMO: 90%

altcoinbuzz.io Mar 12, 2025 10:26

Newmarket Capital CEO proposes $2T Bit Bonds to buy Bitcoin - The idea, which may seem out of left field to some, could have a profound impact on Americas economic future. It would diversify reserves and strengthen the countrys position in the global digital economy. If this is done, it will be bullish news for Bitcoin. Bit Bonds Proposal to Boost U.S....

BTC

FOMO: 90%

coinpedia.org Mar 12, 2025 09:36

Bitcoin Surges to $82K Amid SECs ETF Delays and Lummis Bitcoin Reserve Plans - The post Bitcoin Surges to $82K Amid SECs ETF Delays and Lummis Bitcoin Reserve Plans appeared first on Coinpedia Fintech News Bitcoin (BTC) bounced back to around $82,000 after dropping below $78,000 on Sunday, sparking a small rally in major tokens. Ether (ETH), BNB, XRP, and Cardanos ADA...

BTC

FOMO: 85%

cointelegraph.com Mar 12, 2025 08:35

Why is Bitcoin price up today? - Bitcoin (BTC) is up 5% over the past 24 hours, as the cryptocurrency rallied from a new local low at $76,450 to a high of $83,786 on March 12. On the weekly chart, BTC’s price retested its 50-weekly exponential moving average or 50W-EMA indicator (blue line) as support.Bitcoin 1-week chart. Source: Cointelegraph/TradingViewAs observed in the chart, Bitcoin’s price has maintained a position above this indicator since August 2023, which is a long-term bullish position. The 50 EMA level has been a support level for Bitcoin over the last 18 months. Previously, Bitcoin bounced off this trendline in September 2024 before continuing to new all-time highs.Bitcoin shows multiple bullish divergencesBefore its relief rally, Bitcoin’s low time frame (LTF) and high time frame (HTF) charts displayed bullish divergences between price and the relative strength index (RSI) indicator.Bullish divergences occur when the price and RSI move in opposite directions, with the price making a lower low and the RSI forming a higher low. Such technical setups indicate that underlying bullish momentum is improving to possibly reverse the dominant bearish trend.Bitcoin bullish divergences across the 15-min, 1-hour, 4-hour and 1-day charts. Source: Cointelegraph/TradingViewAs illustrated in the chart, bullish divergences appeared on the 15-minute, 1-hour, 4-hour, and 1-day charts, which improved the probability of a short-term rebound. Meanwhile, the RSI created a higher low on each chart after the indicator dropped below the 30 level, which is the oversold region. The oversold region hints at declining sell pressure, with buyers potentially stepping in to reverse the trend. A bullish divergence on the daily chart is also a rare event. Since 2020, BTC has exhibited a similar technical setup only six times (including the current one), signaling a bottom on each occasion. The last divergence took place between July and August 2024.Related: Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70KLikewise, Bitcoin’s recent sweep below its previous lows at $78,150 collected all the existing liquidity on the downside. This helped BTC price to rebound above the $80,000 mark. According to the liquidation heatmap, BTC has cleared downside liquidity, leaving over $250 million in leveraged positions on the upside, specifically between $85,000 and $87,000. Thus, Bitcoin might rally toward this range in the next few days.Bitcoin 1-week liquidation heatmap. Source: CoinGlassBitcoin inverse head and shoulder eyes $88KOn the 1-hour chart, Bitcoin’s price has formed an inverse head and shoulder over the past few days, hinting at confirmation if a candle closes above the neckline of $83,800.Bitcoin 1-hour chart. Source: Cointelegraph/TradingViewBitcoin could retest a higher price range if it decisively breaks above the neckline. The pattern target suggests a 7% upswing from the neckline, pushing Bitcoin to $89,000. This target aligns with the Fibonacci retracement levels, namely the 0.50 and 0.618 Fibs. These levels are Bitcoin’s recent lower high of $96,450 and lower low of $76,560.Related: 4 signs that $76.7K Bitcoin is probably the ultimate lowHowever, the bullish pattern will undergo invalidation if the BTC value drops under $78,500. A drop below that level would invalidate the current higher-high bullish setup on the lower time frame.RektProof provided a similar insight, with the crypto analyst expecting the price to consolidate near overhead resistance between $86,000 and $88,000. However, due to a strong demand zone near $74,000 to $70,000, the trader expects the price to eventually drop and form new price lows in the coming days or weeks.Bitcoin short-term analysis by RektProof. Source: X.comThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 90%

cointelegraph.com Mar 12, 2025 09:05

Bitcoin whales hint at $80K market rebound as Binance inflows cool - Bitcoin (BTC) whales are back buying BTC while “panic” keeps smaller investors away, new research reports.Data from onchain analytics platform CryptoQuant shows sell-side pressure from Binance whales cooling.Bitcoin whales reset market approachBitcoin at $80,000 is proving attractive for large-volume investors — or at least a poor-value selling proposition for those wishing to exit the market.In one of its “Quicktake” blog posts on March 12, CryptoQuant contributor Darkfost revealed that the proportion of the top ten largest inflows to Binance attributed to whales has fallen.“Monitoring whale behavior has consistently provided valuable insights into potential market movements,” he summarized. “Given that Binance handles the highest volumes, analyzing the Bitcoin exchange whale ratio on Binance provides a good insight into broader whale activity.”Bitcoin exchange whale ratio (Binance). Source: CryptoQuantThe exchange whale ratio has, in fact, exhibited a broad downtrend since mid-January when BTC/USD hit its latest all-time highs.“Currently, this ratio is declining, implying that Binances whales are reducing their selling pressure,” the post continues. “Historically, an increasing ratio has been associated with short-term price corrections or consolidation phases, while a decreasing ratio has often preceded bullish trends. If this trend of diminishing selling pressure continues, it could help end the current correction and potentially signal a market rebound.”As Cointelegraph reported, both whales and larger entities holding at least 10 BTC have begun to accumulate coins this month, albeit at modest rates.Prospective BTC buyers “hesitant” at $80,000Overall appetite for BTC exposure nonetheless remains suppressed.Related: Bitcoin gets March 25 blast-off date as US dollar hits 4-month lowIn the latest edition of its regular newsletter, “The Week Onchain,” analytics firm Glassnode pointed to lackluster demand at current prices.It referenced capital flows by short-term holders (STHs) — speculative entities holding coins for up to six months. Within this cohort, buyers holding between one week and one month now have a lower cost basis than those holding for between one and three months.“With Bitcoin prices dropping below $95k, this model also confirmed a transition into net capital outflows, as the 1w–1m cost basis fell below the 1m–3m cost basis,” researchers explained. “This reversal indicates that macro uncertainty has spooked demand, reducing new inflows and arguably increasing the probability of further sell pressure and a prolonged correction. This transition suggests that new buyers are now hesitant to absorb sell-side pressure, reinforcing the shift from post-ATH euphoria into a more cautious market environment.”Bitcoin STH capital inflows (screenshot). Source: GlassnodeThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 85%