Source: Bitcoinist The recent Bitcoin collapse in value from $90K+ to $78K may have forced traders to eat store-brand muesli instead of the premium stuff. But one leading economist says that the drop in Bitcoin value was a ‘necessary move.’ Zeberg made a couple of wild predictions. But one prediction he made is something most…

Source: Coin Tegraph Some altcoins outperformed the broader cryptocurrency market as Bitcoin staged a significant rebound above the $90,000 psychological level, driven by positive news on crypto adoption in the United States. Cardano’s (ADA) token was the biggest gainer among the 100 largest cryptocurrencies, rising over 43% in the 24 hours leading up to 10:15…

Source: Bitcoinist Lawyer James “MetaLawMan” Murphy of Ludlow Street Advisors, LLC has provided a detailed theory on why the SEC’s dismissal of the Ripple case has been inexplicably delayed. According to Murphy, rather than the delay being solely due to the SEC’s internal processes, it could be that Ripple is engaged in strenuous negotiations aimed…

Source: Coin Tegraph Cryptocurrency exchange-traded products (ETPs) experienced the biggest weekly sell-off ever, with outflows reaching a record $2.9 billion last week. Amid three consecutive weeks of outflows, global crypto ETPs have seen $3.8 billion wiped out, European crypto investment firm CoinShares reported on March 3. The crypto ETP bloodbath was likely driven by several…

Source: Bitcoinist It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP). $ADA surged 43% in response to the news. Other reserve cryptos saw more moderate increases: $XRP grew by 14%, $SOL by…