Archives par catégorie: Flash News

Indian authorities arrest alleged Garantex founder for US extradition

Indian authorities arrest alleged Garantex founder for US extradition

Officials with India’s Central Bureau of Investigation (CBI) announced the arrest of Lithuanian national Aleksej Bešciokov, who was alleged to have operated the cryptocurrency exchange Garantex.  In a March 12 notice, the CBI said police in the Indian state of Kerala had coordinated with national authorities to arrest Bešciokov. The Lithuanian national was reportedly vacationing […]

Memecoins—from internet jokes to crypto’s cultural engine

Memecoins—from internet jokes to crypto’s cultural engine

Opinion by: Sasha Ivanov, founder of Waves and Units.Network Not long ago, the idea that an internet joke could become a multibillion-dollar asset class seemed laughable. Today, memecoins are not just mainstream. They are reshaping entire market cycles. The US now has an official memecoin associated with the president. What started as a niche community […]

Abu Dhabi’s MGX backs Binance with $2B stablecoin investment

Abu Dhabi’s MGX backs Binance with $2B stablecoin investment

Abu Dhabi-based investment firm MGX has invested $2 billion in cryptocurrency exchange Binance, potentially marking one of the biggest funding deals in the industry’s history. In a March 12 announcement, Binance said the transaction was the first institutional investment in the cryptocurrency exchange. Once finalized, the deal will be funded entirely through stablecoins. Binance declined […]

US Bitcoin reserve vs. gold and oil reserves: How do they compare?

US Bitcoin reserve vs. gold and oil reserves: How do they compare?

US reserves status quo: Gold, oil and the emerging role of Bitcoin The US government has long relied on gold and oil as reserve assets, but with the growing institutional adoption of Bitcoin (BTC), its potential role as a strategic reserve has increased substantially. This possibility and potential of the Bitcoin strategic reserve have seen […]

Crypto whale liquidated for $308M in leveraged Ether trade

Crypto whale liquidated for $308M in leveraged Ether trade

A large cryptocurrency trader, known as a whale, lost more than $308 million on a leveraged Ether position, underscoring the risks of leveraged trading during volatile market conditions. The unknown crypto trader was liquidated on their 50x leveraged long position for over 160,234 Ether (ETH), worth more than $308 million at the time of writing, […]

Bitcoin battles US sellers as CPI inflation sees first drop since mid-2024

Bitcoin battles US sellers as CPI inflation sees first drop since mid-2024

Bitcoin (BTC) saw a classic Wall Street sell-off on Mar. 12 as bears tempered a welcome US inflation slowdown. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price reverses at key bull market trendline Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching three-day highs of $84,437 on Bitstamp before reversing. The January print of the […]

Bank of Russia proposes to allow crypto purchases for select investors

Bank of Russia proposes to allow crypto purchases for select investors

The Russian central bank is considering a three-year experimental regime to authorize select Russian investors to trade cryptocurrencies. On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin (BTC). “In accordance with the instructions of the President of Russia, the […]

Bitcoin’s next catalyst: End of $36T US debt ceiling suspension

Bitcoin’s next catalyst: End of $36T US debt ceiling suspension

Bitcoin’s next significant price catalyst may arrive Friday as the US debt suspension period comes to an end, potentially injecting fresh liquidity into markets and driving a price rebound. The US Treasury hit its $36 trillion debt ceiling a day after President Donald Trump’s inauguration on Jan. 20. A “debt issuance suspension period” began then […]

Securitize to bring BUIDL tokenized fund to DeFi with RedStone price feeds

Securitize to bring BUIDL tokenized fund to DeFi with RedStone price feeds

Real-world asset (RWA) tokenization company Securitize has selected RedStone as the primary oracle provider for its tokenized products, which include BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and the Apollo Diversified Credit Securitize Fund (ACRED). According to a March 12 announcement, RedStone will deliver price feeds for current and future tokenized products offered by Securitize. […]

XRP ETF: Here are the funds awaiting SEC approval so far

XRP ETF: Here are the funds awaiting SEC approval so far

American asset manager Franklin Templeton has entered the growing XRP exchange-traded fund (ETF) race, becoming the latest firm to file for a spot XRP ETF in the United States. Franklin Templeton’s XRP (XRP) ETF is designed to track the performance of the XRP price, with XRP holdings stored at Coinbase Custody Trust, according to an […]

Gemini crypto exchange adds USD payment rails for European institutions

Gemini crypto exchange adds USD payment rails for European institutions

Gemini crypto exchange, founded by Cameron and Tyler Winklevoss, is expanding its trading capabilities for institutional clients in Europe by introducing US dollar payment support Gemini has partnered with Liechtenstein-based Bank Frick to enable US dollar payment rails for institutional customers in the United Kingdom and Switzerland, the firm said in an announcement shared with […]

EU retaliatory tariffs threaten Bitcoin correction to $75K — Analysts

EU retaliatory tariffs threaten Bitcoin correction to $75K — Analysts

The European Union’s latest retaliatory tariffs have deepened macroeconomic uncertainty, prompting crypto analysts to forecast increased volatility for Bitcoin prices, which may drop below the critical $75,000 support level. The EU will impose counter-tariffs on 26 billion euros ($28 billion) worth of US goods starting in April, the European Commission announced on March 12, responding […]

Web3 gaming investors no longer throwing money at ‘Axie killers’

Web3 gaming investors no longer throwing money at ‘Axie killers’

The Web3 gaming industry is facing tighter investment conditions as capital flows become more selective, with investors prioritizing sustainable projects over hype-driven fundraising. In February, Gunzilla Games Web3 director Theodore Agranat described blockchain gaming as a “game of musical chairs” in which the same capital cycles through different projects and “no new money” comes in. […]

Nigeria’s crypto future: Striking a balance between innovation and regulation

Nigeria’s crypto future: Striking a balance between innovation and regulation

Opinion by: Mohammed Idris, Minister of Information of Nigeria Nigeria has emerged as one of the most active and dynamic crypto markets in recent years. From bustling tech hubs in Lagos to grassroots communities in smaller cities, young Nigerians have turned to cryptocurrencies to address fundamental economic challenges, from hedging against inflation to accessing global […]

America must back pro-stablecoin laws, reject CBDCs — US Rep. Emmer

America must back pro-stablecoin laws, reject CBDCs — US Rep. Emmer

US Representative Tom Emmer argued for prioritizing pro-stablecoin legislation in a March 11 House Financial Services Committee hearing, while calling central bank digital currencies (CBDC) a threat to American values. On March 6, Emmer reintroduced the CBDC Anti-Surveillance State Act in the House of Representatives. Emmer renewed his call for Congress to pass the legislation […]

Bitcoin whales hint at $80K 'market rebound' as Binance inflows cool

Bitcoin whales hint at $80K 'market rebound' as Binance inflows cool

Bitcoin (BTC) whales are back buying BTC while “panic” keeps smaller investors away, new research reports. Data from onchain analytics platform CryptoQuant shows sell-side pressure from Binance whales cooling. Bitcoin whales reset market approach Bitcoin at $80,000 is proving attractive for large-volume investors — or at least a poor-value selling proposition for those wishing to […]

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn’t ruling out that Bitcoin could slide to $70,000. Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss […]

SEC delays decision on XRP, Solana, Litecoin, Dogecoin ETFs

SEC delays decision on XRP, Solana, Litecoin, Dogecoin ETFs

The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds. In a slew of filings on March 11, the agency said it has “designated a longer period”  to decide on the proposed rule changes that would allow the ETFs to proceed. Among the affected ETFs […]

Luxury fashion giant LVMH sued over NFT patent tech for watches

Luxury fashion giant LVMH sued over NFT patent tech for watches

A company selling smartwatch face designs through non-fungible tokens has sued LVMH, accusing the luxury fashion conglomerate of patent infringement. In a March 10 complaint filed to a Texas federal court, Watch Skins Corporation alleged that LVMH misappropriated its “pioneering NFT display technology.” Watch Skins claimed it developed a unique system that allows users to […]

US House follows Senate in passing resolution to kill IRS DeFi broker rule

US House follows Senate in passing resolution to kill IRS DeFi broker rule

The US House of Representatives has voted in favor of nullifying a rule that would have required decentralized finance (DeFi) protocols to report to the Internal Revenue Service. On March 11, the House of Representatives voted 292 for and 132 against a motion to repeal the so-called IRS DeFi broker rule that aimed to expand […]