ADA price is up 73% from its recent lows of $0.57 responding to President Trump’s directive for the establishment of a Strategic Crypto Reserve that includes Cardano. Cardano (ADA) has recovered strongly, bouncing 60% from a low of $0.64 on March 2 to reach a 12-week high of $1.19. The rebound comes after President Donald …
Monthly archives: March 2025
Crypto lost to exploits, scams, hits $1.5B in February with Bybit hack: CertiK
Excluding the $1.4 billion Bybit hack, crypto losses in February amounted to about $126 million. Losses to crypto scams, exploits and hacks totaled nearly $1.53 billion in February, with the $1.4 billion Bybit hack accounting for the lion’s share of losses, said blockchain security firm CertiK. The Feb. 21 attack on Bybit by North Korea’s …
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Crypto tsar David Sacks confirms he doesn’t hold any crypto
“I sold all my cryptocurrency, including BTC, ETH and SOL, prior to the start of the administration,” said Trump’s crypto czar. White House AI and crypto czar David Sacks confirmed that he does not hold any crypto assets, having sold everything prior to US President Donald Trump’s inauguration. “I sold all my cryptocurrency (including BTC, …
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DraftKings settles class-action lawsuit over NFT marketplace for $10M
Gambling company DraftKings has agreed to pay a $10 million settlement to a group of NFT buyers that accused it of selling unregistered securities. DraftKings has agreed to pay $10 million to settle a securities class-action lawsuit from buyers of its non-fungible tokens (NFTs) that the gambling company sold through its now-shuttered marketplace. On Feb. …
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Japan’s Metaplanet buys more Bitcoin, explores potential US listing
Bitcoin-stacking Metaplanet has snapped up another 156 Bitcoin as the firm’s CEO says it’s exploring “ways to make its shares more accessible.” Bitcoin-stacking investment firm Metaplanet purchased another 156 Bitcoin on March 3 as its CEO said the firm is exploring a potential listing outside of Japan, such as the United States. The 156 Bitcoin …
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Vietnam to Draft Legal Framework for Digital Assets by March
Vietnam’s Prime Minister Pham Minh Chinh has instructed the Ministry of Finance and the State Bank of Vietnam to draft regulations for digital assets and currencies, with a proposal expected in March. This directive, part of Directive No. 05, aims to drive economic growth to at least 8% in 2025. Despite the absence of a …
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HIVE Digital Targets 4x Hash Rate Growth & $100M HPC Revenue – Will It Take Off in 2025?
HIVE Digital plans to grow its hash rate 4x by September 2025, potentially placing it among the top 10 public Bitcoin miners by size. Simultaneously, it has $100M ARR target for HPC. Is this small-cap miner an overlooked opportunity? HIVE Digital Sets Sights on Expansion and HPC Revenue The following guest post comes from Bitcoinminingstock.io, …
From LIBRA to Bybit, but Still Bullish
A meme coin scandal from a nation state, a record breaking exchange hack, and market volatility—last week was a crazy one. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Despite the LIBRA Scam and the Bybit Hack, …
Why SEC Hasn’t Closed Ripple Case —Crypto Lawyer Offers Bold Theory
Why is the SEC delaying its dismissal of the Ripple case? A legal expert suggests a surprising reason that could impact XRP holders and Ripple’s future. Ripple vs SEC: The Mystery Behind the Delay Lawyer James Murphy, also known as Metalawman, has put forward a theory about the delay in the U.S. Securities and Exchange …
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First-Ever White House Crypto Summit: Trump’s Crypto Czar to Discuss US Strategic Reserve
The White House is set to host its first major crypto summit, bringing industry giants and policymakers together under Trump’s administration. Key figures, potential regulations, and a new crypto reserve take center stage. White House Hosts First-Ever Crypto Summit Under Trump Administration The White House is set to host a major crypto summit, bringing together …
Peter Schiff Rips Into US XRP Reserve—Asks ‘What’s So Special About XRP?’
Economist Peter Schiff questioned why the U.S. needs an XRP reserve. Despite strong industry support, he asked: “What’s the rationale for an XRP reserve? Why the hell would we need that?” Peter Schiff Questions US XRP Reserve in Trump’s Strategic Crypto Initiative Economist and gold advocate Peter Schiff has questioned why the U.S. needs an …
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SEC Closes Gemini Probe, Trump Announces 25% Tariffs, and More — Week in Review
SEC closes Gemini probe after 699 Days, Trump announces 25% tariffs on EU imports, Blackrock under the microscope, and more in this Week in Review. Week in Review The SEC closed its nearly two-year-long probe into Gemini. President Donald Trump announced 25% tariffs on EU auto and pharmaceutical imports. Institutional moves also caught attention as …
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Ethereum Whales Gobble Up $422,123,359 Worth of Ethereum (ETH) in Just 24 Hours, Says Crypto Analyst
A closely followed crypto analyst says deep-pocketed investors are loading up on the leading smart contract platform Ethereum (ETH). Citing data from crypto analytics firm Santiment, trader Ali Martinez tells his 129,100 followers on the social media platform X that Ethereum whales accumulated over $422 million worth of ETH in just one day. “Whales bought …
Trader profits $6.8M from BTC, ETH bets placed before Trump crypto reserve post
A trader banked $6.8 million from leveraged longs on Bitcoin and Ether. Many of those positions were exited shortly after US President Donald Trump confirmed crypto reserve plans. A crypto whale that placed hundreds of 50x leverage long position bets on Bitcoin and Ether before US President Donald Trump announced a Crypto Strategic Reserve has …
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Largest ever CME gap has just printed in Bitcoin futures
A gap of more than $10,000 has opened up on CME Bitcoin futures following the massive market move over the weekend. The Chicago Mercantile Exchange has recorded its largest-ever Bitcoin futures gap following US President Donald Trump’s announcement of a crypto strategic reserve on March 2. More than $300 billion was added to spot markets …
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