Canary Capital Files for SUI ETF With SEC

Canary Capital, a digital asset management firm, filed an application with the U.S. Securities and Exchange Commission (SEC) on March 17, 2025, to launch an exchange-traded fund (ETF) tracking the SUI token, the native cryptocurrency of the SUI blockchain. SEC to Review Canary Capital’s SUI ETF Proposal Filed March 17 The SUI blockchain, developed by …

Crypto Analyst Predicts Rapid Rallies for Bitcoin, Says Stage Is Set for Altcoins To Dominate BTC

A closely followed analyst believes Bitcoin (BTC) and altcoins are about to ignite massive rallies and leave paper-handed investors on the sidelines. Pseudonymous analyst TechDev tells his 516,300 followers on the social media platform X that Bitcoin and altcoins appear to be flashing a technical setup that preceded steep rallies during the 2017 and 2021 …

Worries US Dollar ‘May Not Be Safe’ Driving Rapid Gold Demand From Central Banks and Investors: Goldman Sachs

Daan Struyven, Goldman Sachs co-head of global commodities research, says that global economic uncertainty is raising fears of a weakening US dollar while driving higher demand for gold. In a new interview on CNBC’s Squawk Box, Struyven says that many investors and central banks are on a gold buying spree as they look to the …

Wealthy Americans Spearheading Crypto Adoption in US, According to Digital Asset Giant Grayscale

A new survey commissioned by crypto asset manager Grayscale Investments shows that deep-pocketed investors are leading the adoption of cryptocurrency in the US. In a research conducted in three waves between November 2023 and September 2024, analytics firm The Harris Poll surveyed 5,368 individuals who planned to vote in the 2024 presidential election. The results …

Standard Chartered drops 2025 ETH price estimate by 60% to $4K

Standard Chartered downgrades its ETH price expectations, while one analyst compares trading Ethereum to “catching a falling knife.” Ethereum price is more than 52% down from its December 2024 high at $4,107 and data from TradingView shows ETH (ETH) down 42% since the start of 2025.  Despite being one of the largest cryptocurrencies by market …

Ripple files trademark application for custody service, wallet

The trademark application shows four use cases for the word mark, including for “downloadable software for custody of cryptocurrency.” Ripple Labs has filed a trademark application for the word mark “Ripple Custody,” indicating that the company behind the XRP (XRP) token is considering expanding its brand in the crypto custody space. The filing notes four …

Robinhood shares up 8% after launching betting markets hub

Brokerage firm Robinhood is partnering with Kalshi to launch an event contract platform. Robinhood has launched a betting markets hub as the online brokerage — best known for stock trading — expands its presence in emergent asset classes, including cryptocurrencies and event contracts, according to a March 17 announcement.  Robinhood’s stock, HOOD, rose roughly 8% …

XRP’s role in US Digital Asset Stockpile raises questions on token utility — Does it belong?

Crypto advocates split hairs on whether XRP deserved to be in the digital asset stockpile, with many questions revolving around the token’s utility. Ripple’s XRP (XRP), the third-largest cryptocurrency by market cap, gained national recognition after President Donald Trump mentioned the “valuable cryptocurrency” alongside BTC, ETH, SOL, and ADA as part of a planned US …

Trading Giant Robinhood Launches New Prediction Markets Hub Using Kalshi

Robinhood trading app is introducing a new prediction markets hub, expanding its financial services portfolio. Developed in partnership with regulated exchange Kalshi Inc. – also a prediction market service – the new platform enables users to trade contracts based on real-world outcomes across sports, politics, and economic indicators. Says J.B. Mackenzie, Robinhood’s Vice President and …

Treasury Secretary Bessent Warns Financial Crisis Narrowly Avoided, Says ‘Not Worried’ About Market Correction

U.S. Treasury Secretary Scott Bessent says that the US would be going through a financial crisis if it had kept up its spending habits. In a new interview on NBC’s Meet the Press, Bessent says he’s not worried about the current downturn in the stock market, which has wiped out trillions of dollars in equity …

Rules Over Followers – BYDFi’s Official Response to ExtraVOD’s False Allegations

March 17, 2025 – Victoria, Seychelles Recently, BYDFi has noticed misleading accusations made by the content creator ExtraVOD on social media against BYDFi. To ensure transparency and clarity for all users, BYDFi would like to present the facts of the situation. January 25, 2025 – Detection of abnormal trading activity When ExtraVOD’s first account reached …

Secret Service Launches Operation Targeting Alleged Money Laundering Crypto Exchange

The U.S. Secret Service is targeting the masterminds behind the Russian crypto exchange Garantex for their role in an alleged money laundering operation. In a press release, the Secret Service says it is going after Garantex for allegedly facilitating the transaction of hundreds of millions of dollars in criminal proceeds, some of which was used …

Solana’s 5th birthday: From pandemic origins to US crypto stockpile

Solana is celebrating its fifth year since its genesis block was created on March 16, 2020. Here are five developments that have helped shape the last five years of Solana. Layer-1 blockchain Solana is marking its fifth anniversary since launching its mainnet in 2020. Over the years, it has become one of the most active …

Binance’s Changpeng Zhao Denies Pardon Deal With Trump

Major news publications claim that Binance and Trump associates are in business talks – something Zhao denies. Changpeng Zhao, Binance’s founder and former CEO, has denied that he discussed a pardon or business deal with U.S. President Donald Trump and his associates. The Wall Street Journal claimed that representatives of Trump’s family held talks to …

Telegram defends record on crime as CEO returns to Dubai after arrest

Telegram CEO Pavel Durov said the social messaging platform has gone beyond its legal obligations in content moderation and crime prevention. In a March 17 statement on Telegram, Durov said: “When it comes to moderation, cooperation, and fighting crime, for years Telegram not only met but exceeded its legal obligations.” His comments come as French …

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