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Monthly archives: March 2025
Solana Falls Under Realized Price: Here’s What Happened Last Time
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …
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Bitcoin Drops Below 200-Day MA – Next Key Support Lies At $66K According To Mayer Multiple
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies …
Ethereum, Dogecoin Lead Large Cap Losses As Bitcoin Moves Into Bear Market Territory
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies …
Senator Lummis’ new BITCOIN Act allows US reserve to exceed 1M Bitcoin
US Senator Cynthia Lummis’ newly reintroduced BITCOIN Act will allow the government to potentially hold more than 1 million Bitcoin as part of its newly established reserve.The bill, first introduced in July, directs the US government to buy 200,000 Bitcoin (BTC) a year over five years for a total acquisition of 1 million Bitcoin, which …
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Crypto Strategist Unveils Three-Year Price Outlook for Solana, Updates Forecast on US Dollar Index
A crypto strategist who accurately timed Solana’s (SOL) meltdown this year thinks the next few years will not be kind to the popular layer-1 protocol. Pseudonymous analyst Bluntz tells his 318,400 followers on the social media platform X that he believes SOL will spend the next two years in deep bear territory. While Bluntz is …
California Government Shuts Down 26 Different Crypto Scam Websites, Uncovering $4,600,000 in Consumer Losses
The California Department of Financial Protection and Innovation (DFPI) says it has shut down 26 cryptocurrency scam websites and identified $4.6 million in consumer losses, officials announced Monday. In a new announcement, the DFPI says the crackdown is part of a broader initiative to combat increasing crypto-related fraud in the state, utilizing the department’s “Crypto …
YouTuber says SEC will recommend dropping lawsuit over 2018 token ICO
The case, involving allegations of promoting unregistered securities, was one of many crypto enforcement actions the SEC has proposed dropping since January. Update (March 11 at 9:59 pm UTC): This article has been updated to include a response from the SEC. Ian Balina, the CEO of Token Metrics and a YouTuber with more than 100,000 …
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SEC postpones altcoin ETF decisions but 2025 approval prospects remain strong
The US Securities and Exchange Commission (SEC) delayed various altcoin-based exchange-traded funds (ETFs) on March 11. According to Bloomberg ETF analyst James Seyffart, the approval odds for these ETFs this year are still relatively high. Decisions on Grayscale’s filings for Dogecoin (DOGE), XRP, Litecoin (LTC), and Cardano (ADA) ETFs were delayed. The SEC also delayed …
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Court ruling in Uniswap case sets precedent for DeFi developers’ legal protection
A recent ruling from the Second Circuit Court of Appeals in a Uniswap Labs case reaffirms that neutral, decentralized software creators should not be held liable for third-party misuse of that technology. According to an article from the DeFi Education Fund, the decision strengthens legal protections for decentralized finance (DeFi) developers and marks a significant …
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Bitcoin needs sovereign buying or macro clarity to end risk-off sentiment for breakout – StanChart
Standard Chartered head of digital assets research Geoffrey Kendrick believes Bitcoin’s (BTC) recent price action suggests that the flagship crypto may require sovereign accumulation or improved geopolitical clarity to push higher amid the current risk-off market sentiment. In a March 11 research note shared with CryptoSlate, Kendrick highlighted that Bitcoin’s crash this week has brought …
Congress weighs stablecoin framework and rejects CBDC overreach
Lawmakers and industry experts discussed the importance of US dollar-backed stablecoins in the financial system and the urgency of a regulatory framework for these assets during a hearing convened by the US House Committee on Financial Services on March 11. Titled “Navigating the Digital Payments Ecosystem: Examining a Federal Framework for Payment Stablecoins and Consequences …
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OKX denies allegations of regulatory investigation and role in laundering stolen funds
OKX has denied claims that European regulators are examining its Web3 service for allegedly allowing Bybit hackers to launder $100 million in stolen funds. A recent Bloomberg News report claimed that authorities are analyzing potential violations of the Markets in Crypto-Assets (MiCA) regulation by OKX and are debating whether to impose penalties, including revoking the exchange’s …
Senate, House lawmakers reintroduce Bitcoin Act legislation to accumulate 1 million BTC
Senator Cynthia Lummis reintroduced legislation that would authorize the US government to acquire up to 1 million Bitcoin (BTC), formalizing President Donald Trump’s recent executive order establishing a federal Bitcoin reserve. The BITCOIN Act aims to integrate digital assets into US financial strategy, requiring the Treasury Department to manage the acquisition and secure storage of …
Dollar’s Decline and Yield Crash: QCP Reveals Hidden Lifeline for Battered Risk Assets
QCP Capital highlights a stark reversal in post-election market optimism as U.S. equities and crypto face historic sell-offs amid shifting fiscal and risk sentiments. Bitcoin Tests Key Support Level Amid Market Turmoil QCP Capital reported that U.S. stock markets extended declines following former President Donald Trump’s recent remarks, with the S&P 500 and Nasdaq dropping …