Despite BTC’s price falling below $80,000 last week, Strategy’s latest BTC buy was the smallest ever announced by the firm. Michael Saylor’s Strategy, the world’s largest public corporate Bitcoin holder, has announced its smallest Bitcoin purchase on record. Strategy on March 17 officially announced its latest 130-Bitcoin (BTC) acquisition, bought for around $10.7 million in …
Continue reading “Michael Saylor’s Strategy makes smallest Bitcoin purchase on record”
The CME futures listing bodes well for the changes of a SOL ETF listing in 2025, analysts say. Solana (SOL) futures traded for the first time on the Chicago Mercantile Exchange (CME) Group’s US derivatives exchange on March 17 as the cryptocurrency’s mainstream adoption gains momentum. In February, CME tipped plans to list two types …
Continue reading “Solana futures finish first trading day on CME”
The Ethereum Foundation (EF) is reportedly engaging with community feedback and exploring changes to its operations, according to Dragonfly managing partner Haseeb Qureshi. After meeting with EF members at ETH San Francisco, Qureshi noted a sense of urgency within the organization and an awareness that the landscape has shifted since 2020. He suggested that EF …
Continue reading “Ethereum Foundation reportedly adapting based on community feedback”
Bitcoin’s (BTC) price is waiting for long-term holders or institutional demand to absorb the recent sell pressure from short-term holders, according to the latest “Bitfinex Alpha” report. Bitcoin’s decline from its all-time high of $109,590 on Jan. 20 has intensified concerns about the role of institutional investors in sustaining market momentum. The recent pullback below …
Paul Atkins could move one step closer to becoming the US Securities and Exchange Commission’s new crypto-friendly chair, with a Senate committee hearing reportedly in the works for March 27.President Donald Trump nominated Atkins to lead the SEC on Dec. 4, but his marriage into a billionaire family has reportedly caused headaches with financial disclosures …
Continue reading “Paul Atkins closes in on SEC chair role amid setbacks: Report”
Standard Chartered has revised its year-end price target for Ethereum (ETH) to $4,000 — down from its previous forecast of $10,000 — citing structural weaknesses in the network’s economic model. In a research report titled “Ethereum — Midlife Crisis,” the lender’s head of digital assets research, Geoffrey Kendrick, argued that Ethereum’s shift to proof-of-stake and …
Ethena Labs and Securitize have announced the launch of Converge, a layer-1 blockchain focused on institutional capital flows and integrating tokenized assets with DeFi. According to Ethena Labs’ March 17 announcement, the initiative aims to provide a purpose-built network for permissioned and permissionless financial applications. Ethena Labs and Securitize plan to release technical documentation in …
Ripple is advancing its position in digital asset custody with a trademark filing for “Ripple Custody” at the United States Patent and Trademark Office (USPTO). The application was submitted on Feb. 25 but has yet to be assigned to an examiner. The filing aligns with Ripple’s broader strategy to expand into the rapidly growing custody …
Continue reading “Ripple files trademark for ‘Ripple Custody’ in digital asset expansion drive”
A senior European Central Bank (ECB) official said that President Donald Trump’s aggressive push for crypto adoption could fuel financial instability and urged EU policymakers to strengthen their regulatory stance to mitigate potential fallout. François Villeroy de Galhau, Governor of the Bank of France and a member of the ECB’s Governing Council, said in an …
Continue reading “ECB official claims Trump’s pro-crypto stance could trigger financial turbulence”
The US Securities and Exchange Commission (SEC) is reconsidering a proposed rule imposing stricter custody requirements on investment advisers holding crypto and other assets. Acting SEC Chair Mark Uyeda stated during the “Investment Management Conference” in San Diego that the agency is evaluating whether to amend or rescind the rule introduced under the prior administration. …
Continue reading “SEC weighs changes to crypto custody rule for investment advisors”
XRP is trading at $2.34 with a market capitalization of $136 billion, as daily trade volume reaches $3.01 billion. The price has fluctuated between $2.29 and $2.38 in the past 24 hours, remaining 31.1% below its all-time high of $3.40. Binance, Coinbase, and Bybit dominate XRP trading, while South Korean markets show a slight premium …
Continue reading “XRP Price Watch: Is a Breakout Toward $3.00 on the Horizon?”
Venezuelan Foreign Minister Yvan Gil stated that this new state of affairs in international trade was possible due to the push that Russia and the BRICS bloc exerted to bypass the U.S. dollar. Venezuelan Minister Yvan Gil: 25% of Trade Can Be Completed Away From the Dollar International trade markets have been evolving to open …
Continue reading “Venezuelan Minister Remarks 25% of Trade Can Be Conducted Away From the US Dollar”
Digital asset investment products have faced a historic stretch of outflows, totaling $6.4 billion over the past five weeks. Bitcoin and ether bore the brunt, while XRP stood out with continued inflows. Bitcoin Funds Hit Hard as Historic Outflow Streak Reaches 17 Days Crypto investment products recorded its worst outflow streak on record with digital …
Continue reading “Coinshares: Crypto Funds Bleed $6.4 Billion in 5 Weeks as Outflows Break Records”
Bitfarms Ltd. has finalized its acquisition of Stronghold Digital Mining, Inc., marking an expansion of its U.S. operations and energy capabilities. The deal strengthens Bitfarms’ position in the PJM market and advances its high-performance computing (HPC) and artificial intelligence (AI) initiatives. Bitfarms Advances HPC/AI Strategy with Stronghold Acquisition The acquisition increases Bitfarms‘ energy portfolio to …
Continue reading “Bitcoin Miner Bitfarms Completes Acquisition of Stronghold Digital Mining”
On Monday, following Sunday’s action, the notorious Hyperliquid trader returned with a 40x short bitcoin play carrying a notional value of $524 million at about 2:45 p.m. Eastern Time on March 17. High-Stakes Bet: Hyperliquid’s 40x Short Continues to Play out Bitcoin ( BTC) is balancing just above the $84,000 mark once again, and the …
