Standard Chartered warned that Bitcoin (BTC) could potentially slip further to between $69,000 and $76,500 over the next two days, continuing its recent streak of red weekends. According to the lender’s head of digital asset research Geoffrey Kendrick, the downside risk is driven by continued ETF outflows and mounting hedge fund short position. ETF outflows and …
Monthly archives: March 2025
India Seizes $2.8M in Crypto After Raiding 60+ Locations in Gainbitcoin Scam
India’s CBI has seized cryptocurrencies worth approximately $2.8 million in raids across over 60 locations, uncovering key evidence in the Gainbitcoin scam. CBI Seizes Cryptocurrency in Gainbitcoin Scam Raids The Central Bureau of Investigation (CBI) announced this week that it has seized cryptocurrencies worth INR 23.94 crores (approximately $2.75 million) and other key evidence following …
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House Panel Strikes Down IRS Crypto Rule—DeFi Just Scored a Major Win
A House committee has moved to repeal the IRS’ controversial “DeFi Broker Rule,” arguing it would stifle innovation, overwhelm the agency with filings, and disadvantage U.S. crypto users. House Committee Blocks IRS DeFi Broker Rule The House Ways and Means Committee has voted to repeal the Biden Administration’s last-minute “DeFi Broker Rule,” arguing that the …
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Michael Saylor Meets Lawmakers, Pushes for US Crypto Leadership
Michael Saylor met with U.S. lawmakers to push for a structured digital asset framework, aiming to position the U.S. as a global crypto leader. Michael Saylor Pushes for US Crypto Leadership in Congressional Talks Michael Saylor, co-founder and Executive Chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), met with the U.S. House Financial Services Committee …
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Zelle Prepares To Terminate Transactions on Mobile App, Pushing Popular Service Exclusively To Major US Banks and Financial Institutions
The popular payments platform Zelle is preparing to implement a major change to its mobile app services. The platform says it’s preparing to terminate all transaction capabilities for businesses and consumers on the firm’s standalone mobile app, officially ending all services after March 31st. The app, which processed approximately $20 billion in transactions in 2024, …
AI Data Altcoin Avoids Crypto Market Downtick After Being Added to Coinbase’s Listing Roadmap
An AI data-focused altcoin avoided the crypto market downtick this week after being added to Coinbase’s listing roadmap. Cookie DAO (COOKIE) aims to serve as an index and data layer for AI agents. The project’s native token, COOKIE, is priced at $0.215 at time of writing and is trading roughly even in the past day …
Cardano Price Set For $8.11 ATH In 2025 With This Bullish Wave
Este artículo también está disponible en español. Amid the crypto market downtrend, crypto analyst Master Ananda has provided a bullish outlook for the Cardano price, predicting it can still reach a new all-time high (ATH) of $8.11. The analyst also raised the possibility of ADA reaching $10. Cardano Price To Reach New ATH Of $8.11 …
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Is The Worst Yet To Come For XRP? Analyst Issues Dire Warning
Este artículo también está disponible en español. While the XRP price is already down -42% since its peak at $3.40 on January 16, renowned technical trader Josh Olszewicz (@CarpeNoctom) warns that the next leg downward may be imminent. Sharing his daily chart analysis on X, Olszewicz writes, “1D XRP: H&S + bearish kumo breakout watch,” …
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Dogecoin Demand Slumps—Nearly 70% Drop In Open Interest Raises Concerns
Este artículo también está disponible en español. Investor enthusiasm for Dogecoin is sharply declining. Over 67% of the open interest on the meme coin has decreased in three months. December 2024 saw it at $4.07 billion. By February 2025 it had dropped to $1.33 billion. This significant decline suggests mounting market caution. Many traders are …
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Ethereum Retraces To Critical Monthly Demand Level – Can ETH Hold Selling Pressure?
Este artículo también está disponible en español. Ethereum has experienced a massive drop, losing over 27% of its value in less than five days as the market faces extreme fear and uncertainty. The rapid sell-off has fueled speculation that a bear market could be on the horizon, with many analysts calling for further downside in …
Bitcoin CME Gap Is Still Open, Why $78,000 – $80,700 Are Very Important
Este artículo también está disponible en español. A new Bitcoin Chicago Mercantile Exchange (CME) gap has just been opened around $78,000 and $80,700. Analysts warn that this price range could act as a magnet for further downturns in the Bitcoin price, making it a critical area to watch in the coming days. According to crypto …
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What is Bitcoin price going to do next? — Bear trap, bottom, or oversold bounce?
Crypto traders expect Bitcoin price to remain choppy in the short term as a new range must be established after this week’s double-digit drawdown.
FTX’s 2-year repayment delay is a ‘win,’ claims trader who predicted FTX’s collapse
FTX creditor repayments being facilitated a little over 2 years after FTX’s shock collapse is a “win” given all the jurisdictional issues that were involved, an industry pundit said.
Coinbase Adds Support for DeFi Lending Protocol Altcoin Built on Ethereum and Base
Top US-based crypto exchange platform Coinbase is abruptly adding support for one decentralized finance (DeFi) lending protocol built on Ethereum (ETH) and Base. In a new announcement, Coinbase says it’s adding support for borrowing and lending project Morpho (MORPHO), causing the digital asset to rise in price. News of the addition sent MORPHO flying as …
Bitcoin spot and margin longs push BTC to $85K, but the bottom isn’t in yet
Is the Bitcoin bottom in, or is today’s price action simply an oversold bounce that will trap overleveraged bulls? The Bitcoin sell-off, which dominated a majority of the weak, appears to be easing off, with BTC price making a recovery back in the $80,000 range to reach an intra-day high at $85,120. Some traders believe …
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