Archives par catégorie: Flash News

SEC looking to abandon effort requiring crypto firms to register as exchanges

SEC looking to abandon effort requiring crypto firms to register as exchanges

A proposed rule change pushing for some crypto firms to register as exchanges could be abandoned under a new directive from the acting chairman of the US Securities and Exchange Commission.  During a March 10 speech at the Washington Conference of the Institute of International Bankers, acting SEC Chairman Mark Uyeda said he had “asked […]

Pomp’s theory: Trump deliberately crashed markets to get interest rates down

Pomp’s theory: Trump deliberately crashed markets to get interest rates down

The Trump administration may be intentionally creating uncertainty in the stock markets to corner Federal Reserve chair Jerome Powell into lowering interest rates, according to a market commentator.  Doing so increases the likelihood that the US won’t need to refinance around $7 trillion in debt it owes over the next few months, Bitcoin commentator Anthony […]

California financial regulator warns of 7 new types of crypto, AI scams

California financial regulator warns of 7 new types of crypto, AI scams

A California financial regulator says users reported seven new types of crypto and AI scams that it hadn’t seen before through thousands of complaints in 2024.  The California Department of Financial Protection and Innovation (DFPI) said in a March 10 statement that it received 2,668 complaints in 2024 and found seven types of scams they […]

Crypto needs policy change more than Bitcoin reserve — Execs

Crypto needs policy change more than Bitcoin reserve — Execs

The cryptocurrency industry will benefit more from US regulatory clarity than from President Donald Trump’s plan to create a national Bitcoin (BTC) reserve, several cryptocurrency executives told Cointelegraph.  Trump’s March 6 executive order creating a US strategic Bitcoin reserve and a separate digital asset stockpile for altcoins left crypto industry executives underwhelmed.  Meanwhile, they are […]

4 things must happen before Ethereum can reclaim $2,600

4 things must happen before Ethereum can reclaim $2,600

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 […]

Strategy shares down 30% since Saylor’s Forbes cover

Strategy shares down 30% since Saylor’s Forbes cover

Strategy (MSTR) shares have fallen 30% since its executive chairman and former CEO, Michael Saylor, was featured on the cover of Forbes, according to stock price data from Yahoo Finance. Between Jan. 30 and March 10, Strategy’s shares dropped from $340.09 to $238.25. The tumble includes a 17% decline on March 10 amid the wider […]

Texas Senate passes Bitcoin reserve bill, New York targets memecoin rug pulls: Law Decoded

Texas Senate passes Bitcoin reserve bill, New York targets memecoin rug pulls: Law Decoded

The Texas Senate passed the Bitcoin strategic reserve bill SB-21 on March 6. This followed a debate in which State Senator Charles Schwertner, who introduced the bill, argued that it would help Texas add a valuable and scarce asset to its balance sheet.  Amid fears of Bitcoin (BTC) contending against the US dollar as a […]

Coinbase to launch 24/7 BTC, ETH futures in US

Coinbase to launch 24/7 BTC, ETH futures in US

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 […]

What Canada’s new Liberal PM Mark Carney means for crypto

What Canada’s new Liberal PM Mark Carney means for crypto

Mark Carney, a Canadian economist and now Prime Minister-designate, is already under the microscope for his previous remarks regarding cryptocurrency.  Carney, who replaced former Prime Minister Justin Trudeau, took a measured and critical approach to cryptocurrencies, namely Bitcoin (BTC), in a 2018 speech he made at the Bank of England. He also shared concerns over […]

REX-Osprey files for MOVE ETF

REX-Osprey files for MOVE ETF

Asset manager REX-Osprey is seeking to launch an exchange-traded fund (ETF) designed to hold the Movement Network’s native token, MOVE, according to a March 10 announcement.  The filing comes as Movement, a layer-2 (L2) blockchain network, launches its public mainnet beta, Movement said.  It is the latest example of a fund sponsor filing to list […]

Elon Musk: There is a ‘massive cyberattack against X’

Elon Musk: There is a ‘massive cyberattack against X’

The X social media platform has been hit with a “massive cyberattack” that has prevented some users from accessing the site, platform owner Elon Musk confirmed on March 10. “We get attacked every day, but this was done with a lot of resources. Either a large, coordinated group and/or a country is involved,” Musk said. […]

Bitcoin miner CleanSpark to join S&P SmallCap 600 Index

Bitcoin miner CleanSpark to join S&P SmallCap 600 Index

Bitcoin miner CleanSpark will join an important benchmark for US small-cap stocks, underscoring the company’s recent string of profitability despite industry volatility following the April 2024 halving.  Beginning March 24, CleanSpark’s stock will be included in the S&P SmallCap 600 Index. As the name implies, the index measures the performance of small US companies that […]

Price analysis 3/10: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, PI

Price analysis 3/10: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, PI

Bitcoin (BTC) bulls tried to push the price above $85,000, but the bears held their ground. A minor positive is that larger investors seem to be accumulating at lower levels. Research firm Santiment said in a post on X that wallets with 10 BTC or more have bought roughly 5,000 Bitcoin since March 3. The […]

IPMB report: The first vertically integrated gold tokenization project

IPMB report: The first vertically integrated gold tokenization project

As the global demand for gold remains strong and the asset’s price has reached all-time highs, investors face a difficult choice between various gold investment vehicles. Traditional methods for investing in gold come with a number of drawbacks. Physical gold incurs substantial buy and sell fees, gold futures require advanced financial literacy, while gold-backed cryptocurrencies […]

Emerging technology regulations: a comprehensive, evergreen approach

Emerging technology regulations: a comprehensive, evergreen approach

Opinion by: Merav Ozair, PhD Technology is advancing at the speed of light today more than ever. We have surpassed Moore’s law — computational power is doubling every six months rather than every two years — while regulations are, and have been, playing catchup. The EU Artificial Intelligence Act just came into force in August […]

Thailand regulator approves USDT, USDC stablecoins

Thailand regulator approves USDT, USDC stablecoins

The Thailand Securities and Exchange Commission (SEC) has approved Tether’s USDt (USDT) and Circle’s USDC (USDC) for cryptocurrency trades, allowing the stablecoins to be listed on regulated exchanges across the country. Thailand’s SEC announced the approvals last week after soliciting feedback from the public on proposed regulatory changes that were finalized in February and scheduled […]

Bitcoin nears $78K lows as US stocks dive at the Wall Street open

Bitcoin nears $78K lows as US stocks dive at the Wall Street open

Bitcoin (BTC) sought a rematch with multimonth lows on March 10 as familiar selling accompanied the start of Wall Street trading. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price sags closer to new four-month lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD down around 4% on the day to reach $79,170 on Bitstamp. Weakness […]

DeFi TVL drops by $45B, erasing gains since Trump election

DeFi TVL drops by $45B, erasing gains since Trump election

The total value of cryptocurrencies locked (TVL) in decentralized finance (DeFi) protocols has lost all its gains since Donald Trump was elected US president in November 2024. Following the US election, DeFi TVL rose to as high as $138 billion on Dec. 17, but had retracted to $92.6 billion by March 10, as noted by […]

Bitcoin may benefit from US stablecoin dominance push

Bitcoin may benefit from US stablecoin dominance push

The United States push to maintain the dollar’s global dominance through stablecoin adoption could have unintended benefits for Bitcoin, as the world’s largest cryptocurrency is emerging as a potential federal reserve asset. US Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve […]

European lawmakers silent on US Bitcoin reserve amid digital euro push

European lawmakers silent on US Bitcoin reserve amid digital euro push

European lawmakers have remained silent on the US Strategic Bitcoin Reserve order, a landmark policy shift favoring early adopters of Bitcoin due to its economic model. US President Donald Trump’s March 7 executive order outlined a plan to create a Bitcoin reserve using cryptocurrency seized in criminal cases rather than purchasing Bitcoin (BTC) on the […]