Bitcoin investors share mixed reactions to White House Crypto Summit

Institutional crypto investors tended to view the White House Crypto Summit more favorably than retail traders and BTC maximalists. The Bitcoin (BTC) community voiced mixed reactions to the March 7 White House Crypto Summit, with some investors characterizing it as a historic day for Bitcoin and cryptocurrencies, while others called the event underwhelming. Crypto trader …

OCC gives green light for banks to custody digital assets

The Office of the Comptroller of the Currency (OCC), the US regulatory body responsible for overseeing national banks, issued a significant clarification on Friday regarding crypto activities. The OCC announced that banks are now permitted to engage in certain crypto-related operations without seeking prior regulatory approval, giving the green light for banks to custody digital …

David Sacks Rejects Proposed Crypto Transfer Tax, Citing Income Tax History as a Cautionary Tale

Following the first White House Crypto Summit, Crypto Czar David Sacks engaged in a discussion with the American entrepreneur Jason Calacanis, during which Calacanis floated the idea of imposing a 0.01% tax on every crypto transaction conducted within the United States. This levy, he suggested, would be collected in the transaction’s native digital asset. Calacanis …

Bitcoin Hashprice Tumbles as Miners Brace for Tougher March

Bitcoin’s hashprice—the estimated earnings generated by operating 1 petahash per second (PH/s) of mining power—has dipped from $53.13 per petahash down to its current value of $49.81 over the past seven days. Meanwhile, Bitcoin’s total hashrate bounced back impressively from its Feb. 25 low, adding over 41 exahash per second (EH/s) to reach the present …

Bitcoin’s Token Titans Tumble: BRC20 and Runes Tokens Languish in 2025

In the second half of 2023, the Bitcoin protocol witnessed the emergence of tokens introduced through the BRC20 standard, which was later succeeded by the Runes protocol following the network’s fourth halving. BRC20 and Runes Tokens Stagnate Once hailed as innovative additions, these digital assets now seemingly appear as fleeting anomalies, with valuations tumbling precipitously …

XRP Price Watch: XRP Market Cap Slips Below Tether Amid Price Volatility

XRP is currently trading at $2.34 with a market capitalization of $135.76 billion, placing it in fourth position behind tether (USDT) at $142 billion, while its 24-hour global trade volume stands at $6.07 billion within an intraday price range of $2.31 to $2.55, reflecting a decline of 31.3% from its all-time high. XRP On the …

Bitcoin Price Watch: Key Support and Resistance Levels to Watch Now

On Saturday, bitcoin traded at $86,189 on March 8, 2025, with a market capitalization of $1.70 trillion and a 24-hour global trade volume of $47.62 billion, fluctuating between an intraday low of $85,109 and a high of $91,081, marking a 20.7% decline from its all-time high on Jan. 20, 2025. Bitcoin Bitcoin‘s 1-hour chart indicates …

Possible Black Swan Event Incoming After Bitcoin and Altcoin Bull Trap, Says Trader – Here Are His Targets

A widely followed cryptocurrency analyst believes Bitcoin (BTC), Ethereum (ETH) and altcoins bulls are being set up for a massive trap. The analyst and trader pseudonymously known as Capo tells his 938,800 followers on the social media platform X that the crypto market looks primed to go up to potentially form a bull trap. A …

Treasury Secretary Scott Bessent Says US Should Take Worldwide Lead in Crypto, Strive To ‘Bring It Onshore’

Treasury Secretary Scott Bessent says that the US should become a global leader in digital assets. In a new interview with CNBC, Bessent says the United States should welcome crypto-related businesses into the country and take a leadership role in the industry. “I am a big proponent of the US taking the worldwide lead in …

The future of Ethereum scaling lies in hardware, not software

Ethereum’s future scaling relies on hardware acceleration, not just software solutions, to overcome bottlenecks and remain competitive. Opinion by: Leo Fan, co-founder of Cysic Running Ethereum today is like trying to play a modern game on a 1980s laptop — the outdated hardware would struggle to load, lag endlessly, and likely crash under the weight …

Nigeria’s new crypto tax policies may not drive the revenue it needs

As Nigeria grapples with economic challenges, the government is set to introduce a tax on cryptocurrency transactions. This move appears to be an effort to tap into the burgeoning digital economy and the informal sector. In February, Nigeria sued Binance for unpaid taxes and introduced new cryptocurrency taxations in an effort to boost its faltering …

Analyst Says Odds Have Increased Significantly for Top Solana Rival To Plummet 41%, Updates Outlook on Bitcoin

Cryptocurrency analyst and trader Ali Martinez is leaning bearish on a Solana (SOL) competitor. Martinez tells his 130,100 followers on the social media platform X that Sui (SUI) faces the risk of a “sharp correction” amid the formation of a bearish pattern. “Since November 2024, Sui has been shaping a head and shoulders pattern with …

50% of female crypto investors seek long-term wealth creation — Survey

Women are increasingly investing in crypto, favoring Bitcoin and long-term holdings, but 81% still report a lack of education as a barrier to adoption. Women are showing an increased interest in cryptocurrency investments, with the majority favoring long-term strategies and lower-risk assets like Bitcoin despite reporting a lack of industry knowledge, according to a new …

FDIC resists transparency on Operation Chokepoint 2.0 — Coinbase CLO

At least 30 tech and crypto founders were reportedly “secretly debanked” in the US during Operation Chokepoint 2.0. Some US government agencies continue to deny transparency regarding their role in Operation Chokepoint 2.0, a period during the Biden administration when crypto and tech founders were allegedly denied banking services, according to Coinbase chief legal officer …

Tunisia Tackles Education Fraud With Blockchain Technology

The Tunisian government has adopted a blockchain-based diploma verification system to combat fake educational documents. Implications for Tunisian Public Sector Integrity The Tunisian government has reportedly adopted a blockchain-based diploma verification system at its higher education institutions. The system is intended to help education officials weed out fake educational documents that some Tunisians have used …

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