Key Takeaways: Utah passes HB230, securing Bitcoin mining rights but removing state treasurer’s authority to invest in crypto. Lawmakers exercise caution, avoiding premature adoption of potentially risky crypto investment policies. Meanwhile, states like Arizona and Texas push forward with their own Bitcoin reserve initiatives. With the recent passage of HB230, the “Blockchain and Digital Innovation […]
An analyst has explained how Dogecoin could observe a significant rally next if its price can hold the bottom level of this pattern. Dogecoin Is Currently Testing The Lower Bound Of An Ascending Channel In a new post on X, analyst Ali Martinez has discussed about a long-term pattern forming in the weekly price of […]
Ether (ETH) price dropped below $2,600 on Feb. 24 and has since struggled to sustain a meaningful recovery. The latest correction toward the $2,000 level triggered over $918 million in leveraged long (bull) liquidations in ETH futures within 15 days, according to CoinGlass data. Traders now question what needs to happen for ETH to break […]
London, UK, March 9th, 2025, Chainwire BinoFi, a next-generation hybrid cryptocurrency exchange, continues to expand its presence in the digital asset sector with its recent listing on CoinMarketCap. This milestone enhances the project’s visibility as it moves forward with its mission to address inefficiencies in both centralized and decentralized trading models. A Vision to Redefine […]
TL;DR Bitcoin’s perpetual funding rate has fluctuated between positive and negative, reflecting significant market uncertainty. Recently, the rate reached a negative value of -0.006%, indicating pessimism, which has coincided with major BTC drops in the past. BTC futures are trading at a discount, and short-term yields have fallen to negative levels, signaling weak demand. Bitcoin […]
According to a report, Eurozone economic ministers are not too keen on Trump’s friendliness toward cryptocurrencies and in their opinion the European Union needs to “prevent any initiative” from having “negative consequences on stability and sovereignty.” EU Warns Trump’s Crypto Stance Risks Stability Donald Trump clearly knows how to shake things up, and his administration’s […]
Scaramucci has explained why he believes in the strategic Bitcoin reserve
Dogecoin is making waves in the crypto world once again, but not for bullish reasons. A staggering 360 million DOGE, valued at nearly $62.7 million, was recently moved to Binance, igniting widespread speculation among traders. However, the massive transaction has yet to impact the price of the meme token. At the time of this publication, […]
On March 6, the Texas Senate voted to approve a bill to create a Texas Strategic Bitcoin reserve. The measure moves on to the House after a 25-5 …
Strategy executive chairman Michael Saylor is unveiling an ambitious plan to bolster the company’s already boisterous Bitcoin (BTC) holdings. In a new post to the social media platform X, Saylor says that Strategy, formerly MicroStrategy, is selling $21 billion in preferred STRK stock to snatch up more coins. The announcement comes amid a turbulent market, with […]
A top US regulator’s recent easing of its stance on crypto doesn’t mean that the US government’s crusade against the industry is over, according to Custodia Bank CEO Caitlin Long. Late last week, the Office of the Comptroller of the Currency (OCC) announced that banks in the US could now go ahead with a range […]
Crypto exchange giant Coinbase will soon offer Bitcoin and Ethereum 24/7 futures trading via its Coinbase Derivatives platform—a first for U.S. clients. The San-Francisco-based firm said Monday that the platform would make the service available in the coming weeks but did not specify an exact date. Coinbase added that 24/7 trading of such contracts would […]
As the market experiences a notable upswing, attention shifts to a new token capturing the interest of Raydium (RAY) enthusiasts. This emerging digital asset is stirring excitement reminiscent of the times when certain cryptocurrencies skyrocketed to unprecedented heights. Many are wondering if history might repeat itself, drawing comparisons to past monumental gains. The crypto arena […]
Binance released an official report detailing actions taken against a market maker involved in irregular trading activities for GoPlus Security (GPS) and MyShell (SHELL). Following an internal investigation, the crypto exchange identified misconduct by the market maker, who serviced both projects. Binance Cracks Down In response, Binance has offboarded the market maker and permanently barred […]
We’re excited to announce we have officially secured an Electronic Money Institution (EMI) authorization from the U.K.’s Financial Conduct Authority (FCA). This important milestone for our U.K. operation accelerates our growth plans and unlocks opportunities to launch even more exciting products and services to meet the evolving needs of U.K. clients. Our EMI license strengthens […]
Global cryptocurrency trading volumes have surged significantly in recent years. The industry has grown despite regulatory pressures, market fluctuations, and shifting investor sentiment. But where is most of this trading happening? This study, conducted by CryptoNinjas and Storible, delves into global trading trends, examining which regions and countries dominate both centralized exchange (CEX) and decentralized […]
Dogecoin is at a critical point, with its price hovering around $0.16. Traders are watching closely, as this support level could be the deciding factor in whether the meme coin takes off or tumbles further. If history is any guide, maintaining this level could spark a rally, while losing it may bring more pain. Dogecoin: […]
Coinbase announced on March 10 that it plans to offer 24/7 trading for Bitcoin (BTC) and Ether (ETH) futures to US residents. The exchange is also launching perpetual futures trading with long-date expirations. According to Coinbase, much of the current crypto derivatives market takes place outside of US borders, with American traders having to navigate […]
Former White House Communications Director Anthony Scaramucci says institutional entities and potentially countries will likely be gobbling up Bitcoin (BTC) in the coming months. In a new interview with CNBC, the SkyBridge Capital founder says Trump’s latest crypto-related executive order is a very positive sign for BTC bulls, despite perhaps a sell-the-news scenario currently playing […]
Texas could become the first state to have a strategic Bitcoin (BTC) reserve following the passage of a new bill that allows it to invest in and manage crypto assets. On Thursday, the Texas Senate voted 25-5 to pass Senate Bill 21, or the Texas Strategic Bitcoin Reserve and Investment Act. The legislation seeks to […]
According to the latest Crypto Fear and Greed Index reading, the market’s sentiment slipped from a score of 34 out of 100 on March 7 to the current 20, which stands for “extreme fear.” Market Turmoil: Bitcoin Tumbles, Crypto Fear Index Hits 12-Month Low Bitcoin and the crypto market, in general, have not been doing […]
BBVA has been dabbling in crypto for a long time
Cryptocurrency exchange Kraken has obtained an Electronic Money Institution (EMI) license from the UK’s Financial Conduct Authority (FCA). This approval enables Kraken to issue electronic money and offer faster deposit and withdrawal options for clients in the UK. The move is part of the company’s ongoing growth strategy and aims to enhance its services in […]
California consumers were warned Monday about confidence schemes from fraudulent cryptocurrency websites sometimes referred to as “pig butchering” …
TL;DR Coinbase Derivatives is set to introduce Bitcoin and Ethereum futures contracts with uninterrupted trading in the U.S., eliminating the time constraints of traditional markets. The initiative aims to bridge the gap with global markets, where over 75% of trading volume occurs outside the U.S. The contracts will be regulated by the CFTC and supported by […]
An analyst who accurately called Bitcoin’s correction in Q1 of 2024 believes BTC is close to printing a local bottom based on a technical momentum indicator. Pseudonymous analyst Rekt Capital tells his 542,00 followers on the social media platform X that Bitcoin’s relative strength index (RSI) on the daily chart has plunged into oversold territory. […]
VanEck head of digital assets research Matthew Sigel says that S&P Global “snubbed” crypto companies in its latest update of the S&P 500 index. Sigel points out that in an announcement from the S&P Dow Jones Indices (“S&P DJI”) detailing the additions and deletions to its various indices, the biggest crypto firms are noticeably left […]
Bitcoin dropped nearly 6% approaching US$80k while other major cryptocurrencies including Ethereum, Solana and XRP also suffered losses. Analysts from 10X Research report that approximately 70% of selling pressure came from investors who purchased Bitcoin within the last three months, suggesting widespread panic among newcomers. Market experts attribute the downturn to Trump’s threatened tariffs creating […]
A report from Bitcoin analytics firm, River Financial, has found that only four per cent of the global population currently owns Bitcoin, suggesting significant room for growth. The report found significant variability in ownership rates from region to region, with North America having the highest rate at 14 per cent and Africa the lowest at […]
The crypto market remains highly volatile, with Solana (SOL) and Dogecoin (DOGE) facing challenges as they attempt to recover from recent downturns. While these established assets have strong fundamentals, their growth potential appears limited in the short term. As a result, investors are increasingly turning their attention to high-reward opportunities in the presale sector, where […]
We’re thrilled to announce that IP and UFD are now available for trading on Kraken! Funding and trading IP and UFD trading will be live as of 15:00 UTC today, Mar 10, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to […]
Key Takeaways: According to the data from River Financial, Bitcoin adoption as of 2025 is only 4% of the world population. While it was previously individual investors who fueled the rise of Bitcoin, today it is institutional investors whose capital flows into Bitcoin through ETF investments. Lack of education and the fear of volatility continue […]