Monthly archives: March 2025

European Stability Mechanism (ESM) managing director Pierre Gramegna said that President Donald Trump’s administration’s favorable stance toward crypto, particularly dollar-backed stablecoins, could challenge Europe’s monetary autonomy, Bloomberg News reported on March 10. Gramegna warned that the changing US stance could encourage both foreign and American technology firms to pursue large-scale payment solutions using dollar-denominated stablecoins.  …

Continue reading “ESM chief warns Trump’s crypto policies pose risk to EU monetary sovereignty”

Byron Donalds, a US congressman and candidate for Florida’s governorship, has proposed that the state establish a Bitcoin reserve, arguing that the digital asset could serve as a safeguard against inflation and federal monetary policy. In an interview with Fox Business on March 10, Donalds suggested that Florida should hold Bitcoin as part of its …

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Bitcoin (BTC) has fallen below the $80,000 threshold after failing to to sustain the upward momentum built earlier in the day. Based on CryptoSlate data, Bitcoin was trading at $77,400 as of press time, down 5.84% over the past 24 hours. On-chain data indicates that recent buyers realizing losses contributed to the downturn, although the …

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On March 10, 2025, cryptocurrency and U.S. stock markets faced steep declines, with U.S. equities wiping over $1.75 trillion from Wall Street amid policy uncertainty, investor outflows, and external shocks. Billions have also exited the crypto economy. Global Markets Plunge: Trump Tariffs, Crypto Reserve Disappointment Drive Losses Wall Street’s screens flashed red Monday as U.S. …

Continue reading “5 Factors Behind Wall Street’s and Crypto’s Trillion-Dollar Market Meltdown”

According to a report, Eurozone economic ministers are not too keen on Trump’s friendliness toward cryptocurrencies and in their opinion the European Union needs to “prevent any initiative” from having “negative consequences on stability and sovereignty.” EU Warns Trump’s Crypto Stance Risks Stability Donald Trump clearly knows how to shake things up, and his administration’s …

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Coinbase Derivatives, LLC, a futures exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC), is preparing to introduce the first round-the-clock bitcoin and ethereum futures contracts, granting U.S. traders uninterrupted access to risk mitigation tools and market engagement. 24/7 Bitcoin and Ethereum Futures Set to Debut in US Markets These innovative instruments will function …

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The second-largest cryptocurrency, ethereum (ETH), dipped to $1,809 on Monday, hitting a notable low. Meanwhile, the BTC/ETH ratio slipped under 0.24, a level not seen since February 2020. Bitcoin-Ether Ratio Taps Multi-Year Lows Ethereum is down 8% at the time of writing over the last day, and earlier it down 10% against the U.S. dollar …

Continue reading “Ethereum’s $1.8K Wake-Up Call: Can Tech Outshine Market Skepticism?”

The U.S. Securities and Exchange Commission (SEC) is moving to abandon a proposed rule that would have required certain cryptocurrency firms to register as alternative trading systems (ATS), according to acting Chair Mark Uyeda. SEC Shifts Stance on Crypto Regulation The decision, Reuters reported on Monday, marks a shift from the agency’s 2022 effort under …

Continue reading “Report: SEC Retreats From Plan to Classify Crypto Firms as Trading Systems”

According to the latest Crypto Fear and Greed Index reading, the market’s sentiment slipped from a score of 34 out of 100 on March 7 to the current 20, which stands for “extreme fear.” Market Turmoil: Bitcoin Tumbles, Crypto Fear Index Hits 12-Month Low Bitcoin and the crypto market, in general, have not been doing …

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