One Of Bitcoin’s Most Reliable Buy Signals Just Flashed

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France’s state bank earmarks $27M for crypto with ‘strong French footprint’

France’s state-owned bank says it will spend 25 million euros ($27 million) buying cryptocurrencies that support local crypto and blockchain projects.Bpifrance said in a March 27 press release that it would back newly formed projects “with a strong French footprint” where it will receive tokens in return for its investment and will look to fund …

‘Our GPUs are melting’ — OpenAI puts limiter in after Ghibli-tsunami

ChatGPT creators OpenAI have introduced rate limits after a viral social media trend that saw nearly everything “Ghiblifyied” — turned into AI art in the style of the famous Japanese animation studio. OpenAI CEO Sam Altman was one of the first to take part in the trend, posting a portrait of himself generated by the model …

Whale Who Netted $108,000,000 Profit on TRUMP Books Loss on the Memecoin After President’s Truth Social Post

A whale who previously won big on the Official Trump (TRUMP) memecoin booked a loss on the controversial asset over the weekend, according to the crypto tracker Lookonchain. Lookonchain notes on the social media platform X that the whale spent $5 million worth of Circle’s stablecoin, USDC, to buy TRUMP right after President Donald Trump …

Three Ethereum-Based Altcoins on the Rise Following Coinbase Announcement

Top US-based crypto exchange platform Coinbase is adding three new Ethereum (ETH)-based altcoins to its suite of products, causing the assets to skyrocket. In a new announcement on the social media platform X, Coinbase says it’s adding support for decentralized roll-up protocol AltLayer (ALT), decentralized finance network Pendle (PENDLE), and gamified learning platform Layer3 (L3) …

SEC has officially closed its investigation into Crypto.com, CEO says

The US securities regulator closed its probe into Crypto.com seven months after serving the crypto platform with a Wells notice in August. The US Securities and Exchange Commission has officially closed its investigation into Crypto.com, with no action taken against the crypto exchange, according to the firm’s CEO, Kris Marszalek. It comes seven months after …

US DOJ says it seized Hamas crypto meant to finance terrorism

Authorities confiscated more than $200,000 of cryptocurrency held in at least 17 wallets, DOJ said in a statement. The US Justice Department (DOJ) seized more than $200,000 in cryptocurrency intended to benefit the militant group Hamas it said in a statement on March 27. The cryptocurrency with a total value of $201,400 was traced to …

Sei Foundation floats 23andMe acquisition, genetic data on the blockchain

23andMe announced it was filing for bankruptcy in the US on March 23, leading to concerns from many users about the privacy of their genetic data. The foundation behind the layer-1 blockchain, Sei, announced it was exploring the acquisition of the genetic testing company 23andMe after the firm filed for bankruptcy. In a March 27 …

Getting crypto out of the ‘AOL era’ — Sandeep Nailwal

Crypto still has several years to go before achieving mainstream mass adoption, mirroring the internet experience of the late 1990s, says Polygon’s cofounder. The current state of crypto is akin to the internet’s “America Online” (AOL) era during the late 1990s, when the user experience was clunky, technical, featured limited use cases, and moved at …

Panama introduces legislation to legalize voluntary crypto payments, regulate industry

Panama has unveiled a sweeping draft bill aimed at regulating cryptocurrencies and fostering the development of blockchain-based services, signaling a renewed effort to position the country as a fintech leader in Latin America. The proposed law establishes a legal framework for using digital assets in financial transactions, establishes licensing requirements for service providers, and includes …

GameStop stock slides 25% as investor skepticism grows over Bitcoin plans, operational strategy

GameStop shares plunged over 15% on March 27, posting their sharpest single-day decline in nearly a year. The drop comes less than a day after the company revealed a surprise move to invest in Bitcoin using proceeds from a $1.3 billion convertible bond sale. Despite initial optimism, the announcement raised fresh doubts about the future of …

Canary CEO says firm’s unconventional altcoin ETFs are bet on emerging, overlooked tokens

Canary Capital CEO Steven McClurg said the firm’s recent “out-of-the-box” crypto exchange-traded fund (ETF) filings are a calculated approach to engage with assets that have potential and unmet demand. In a recent interview with CryptoSlate, McClurg explained the rationale behind the company’s filings, ranging from the first Litecoin (LTC) ETF to the first fund to …

Senate Banking Committee grills Paul Atkins over crypto ties as he vows SEC reforms

Paul Atkins, former SEC Commissioner and President Donald Trump’s nominee to chair the US Securities and Exchange Commission (SEC), appeared before the Senate Banking Committee on March 27, vowing to restore clarity and restraint to the agency’s regulatory agenda. A key focus of his testimony was the need for coherent rules governing digital assets, which …

BlackRock’s Global Allocation Fund raises Bitcoin exposure by 1,810% over 12 months

BlackRock’s Global Allocation Fund increased its exposure to Bitcoin (BTC) through its spot exchange-traded fund, iShares Bitcoin Trust (IBIT), by roughly 1,810% since the ETF was launched in January 2024. According to a filing submitted to the US Securities and Exchange Commission (SEC) on March 2, the fund held 821,664 shares of IBIT as of Jan. …

‘I Am Bullish’: Senator Fuels Aggressive Push for US Digital Supremacy

“Bullish” lawmakers vow to reclaim U.S. digital supremacy, pushing legislation to reverse blockchain industry flight and anchor innovation on American soil before it’s too late. Confidence Surges in D.C. as Lawmakers Gear Up for US Blockchain Domination Senate Banking Committee Chairman Tim Scott and House Financial Services Committee Chairman French Hill shared their unified stance …

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