Bitcoin News: Hunter Horsley Believes the Time Has Come for Bitcoin as Institutional Investors Embrace the Cryptocurrency

CEO On Bitcoin: A Big Idea Whose Time Has Finally Come

Bitcoin is gaining considerable momentum, with the CEO of Bitwise Asset Management, Hunter Horsley, having strong faith in the cryptocurrency’s prospects. Horsley believes the time has come for Bitcoin, citing the convergence of several forces behind its rising popularity and worth. Institutional investors, such as BlackRock, which were previously critical of Bitcoin, are now significant holders. This reversal reflects broader recognition of digital assets among both institutional investors and the public.

Bitcoin (BTC) Faces Potential Drop Below $80,000

Technical indicators like the Directional Movement Index (DMI) and Ichimoku Cloud suggest a shift in trend for Bitcoin (BTC), with sellers increasingly taking control. The ADX at 21.51 indicates a weakening trend strength, and the trend has recently shifted from an uptrend to a downtrend. As BTC hovers near critical support zones, upcoming US economic data could determine whether the next move is a rebound or a deeper correction.

Record $16.5B BTC Options Expiry on Friday: Can Bitcoin Leap Above $90K?

A record-breaking $16.5 billion worth of Bitcoin (BTC) options are set to expire on March 28th, sparking intense speculation about Bitcoin’s next major move. As traders brace for this significant event, the options market and technical indicators flash crucial signals. BTC must overcome strong resistance at the $88K–$90K range to maintain bullish momentum. Data from Coinglass shows massive Open Interest (OI) near the $90K strike price, with a notable tilt toward call options, hinting at potential profit-taking or a pause in the rally.

Bitcoin Beyond HODLing: SatLayer CEO Luke Xie on BTC Restaking and the Future

SatLayer, a Bitcoin-based infrastructure provider, aims to unlock new use cases for Bitcoin (BTC) through restaking and Bitcoin Validated Services (BVS). In an exclusive interview with BeInCrypto, SatLayer’s Co-Founder and CEO, Luke Xie, discussed how Bitcoin has evolved beyond being a store of value and into new opportunities, leveraging the broader crypto ecosystem’s smart contract capabilities.

34 Charged in $64M Crypto Scam

A group launched a fake trading site called OURBIT Digital Currency Trading Platform, claiming to be registered in Singapore with official licenses from the U.S. and U.K. The court ruled it a fraud scheme. The scammers created a false sense of legitimacy by setting up a professional-looking site with fake features and data, not connected to real crypto markets at all.