Crypto News

On March 24, 2025, bitcoin traded at $87,596, with a market capitalization of $1.73 trillion, a 24-hour trading volume of $22.82 billion, and an intraday price range between $84,617 and $87,839. Bitcoin In the daily chart analysis, bitcoin has staged a notable recovery after bottoming around $76,600, rebounding steadily from a recent decline that sawSource link

Tabit Insurance, a Barbados-regulated insurance company established by former executives from the now-shuttered cryptocurrency exchange Bittrex, said it raised a $40 million reserve composed entirely of bitcoin (BTC) with which to write traditional insurance and reinsurance business.The insurer, which emerged in January of this year with plans to offer bitcoin-backed liability policies for company directors and officers (D&O), claims to be the first regulated risk carrier to rely on bitcoin-only reserves to write traditional policies priced in U.S. dollars. The firm has a class 2 insurance license from the Barbados Financial Services Commission.The crossover between crypto and insurance usually involves shoehorning existing risk categories for loss and theft into covering hot and cold versions of digital assets custody. Tabit’s approach...

Michael Saylor-led Stategy (MSTR) brought its bitcoin stake above 500,000 tokens with additional purchases made last week.The company purchased 6,911 bitcoin for $584.1 million, or an average cost of $84,529 per token, according to a filing Monday morning.That brought the company's holdings to 506,137 BTC acquired for $33.7 billion, or an average cost of $66,608 each.Strategy funded this latest acquisition via the sale of 1.975 million shares of common stock, which raised $592.6 million.The company's latest preferred stock offering, $711 million of STRK, only priced late last week. To date, Strategy has sold 13,100 shares, raising $1.1 million, according to the filing.MSTR is higher by 4.8% in premarket trading alongside a rally in bitcoin over the weekend to above $87,000.Source...

Pakistan is reportedly planning to develop a specialized electricity tariff regime for crypto mining and blockchain-based data centers. Pakistan Crypto Council Spearheads Initiative In a significant move, Pakistan is reportedly developing specialized electricity tariffs to attract crypto mining and blockchain-based data centers, further loosening its past stance on cryptocurrencies. This initiative aims to capitalize onSource link

The bitcoin (BTC) price has jumped 2% to $87,800 since midnight UTC. The increase has been accompanied by an uptick in future open interest on Binance, validating the buoyant market mood to signal sustainable gains.The open interest in the BTC-USDT futures listed on the exchange has increased by roughly 7,000 BTC ($614.6 million) since the early Asian trading hours, according to data tracked by Coinglass and Velo Data. Open interest refers to the number of active, or open, contracts at a given time.Furthermore, funding rates on Binance have held positive to suggest a bias for leveraged bullish (long) bets."This is a good sign, volatility is coming," Coinglass said, referring to the notable increase in open interest.Source link