Archives par catégorie: Flash News

Bitcoin stalls under $85K— Key BTC price levels to watch ahead of FOMC

Bitcoin stalls under $85K— Key BTC price levels to watch ahead of FOMC

Bitcoin’s (BTC) price failed another attempt at breaking above resistance at $85,000 on March 17. Since March 12, BTC price formed daily candle highs between $84,000 and $85,200, but has been unable to close above $84,600. Bitcoin 1-hour chart. Source: Cointelegraph/TradingView Bitcoin remains in “no man’s land” on the lower time frame (LTF) of the […]

Bitcoin beats global assets post-Trump election, despite BTC correction

Bitcoin beats global assets post-Trump election, despite BTC correction

Bitcoin managed to outperform the other major global assets, such as the stock market, equities, treasuries and precious metals, despite the recent crypto market correction coinciding with the two-month debt suspension period in the United States. Bitcoin’s (BTC) price is currently down 23% from its all-time high of over $109,000 recorded on Jan. 20, on […]

Dogecoin millionaires are buying dips as DOGE price eyes 30% rally

Dogecoin millionaires are buying dips as DOGE price eyes 30% rally

Dogecoin (DOGE) price has crashed by over 70% after hitting $0.48 in December 2024. Interestingly, the memecoin’s richest holders have accumulated during the price declines, indicating their confidence in a potential rebound in the coming weeks. Dogecoin onchain metrics hint at price rebound Onchain data from Santiment shows that wallets holding at least 1 million […]

Whale closes $516M 40x Bitcoin short, pockets $9.4M profit in 8 days

Whale closes $516M 40x Bitcoin short, pockets $9.4M profit in 8 days

A Bitcoin whale has closed over half a billion dollars in short positions, betting on Bitcoin price’s decline ahead of the much-awaited Federal Open Market Committee (FOMC) meeting this week. A large crypto investor, or whale, made nearly $10 million profit after closing a 40x leverage short position for 6,210 Bitcoin (BTC) — worth over […]

All but 1 US spot Bitcoin ETF in the red this March

All but 1 US spot Bitcoin ETF in the red this March

Nearly all United States spot Bitcoin exchange-traded funds (ETFs) had net negative performances in March as analysts expect a bearish Bitcoin trend of up to 12 months.  Farside Investors data showed that spot Bitcoin ETFs struggled in March, with net outflows surpassing their monthly net inflows. Asset manager BlackRock’s iShares Bitcoin Trust ETF (IBIT) suffered […]

The case against Pavel Durov and why it's important for crypto

The case against Pavel Durov and why it's important for crypto

Telegram founder Pavel Durov has been allowed to leave France temporarily, but the preliminary charges against him raise significant questions for the crypto community. On March 13, a French court gave the founder and CEO of the encrypted messaging app Telegram permission to leave for Dubai, where he had previously resided. Durov had been in […]

Crypto and money laundering: What you need to know

Crypto and money laundering: What you need to know

What is crypto money laundering? Crypto money laundering involves concealing illegally obtained funds by funneling them through cryptocurrency transactions to obscure their origin. Criminals may operate offchain but move funds onchain to facilitate laundering. Traditionally, illicit money was moved using couriers or informal networks like Hawala. However, with the rise of digital assets, bad actors […]

‘Bitcoin bull cycle is over,' CryptoQuant CEO warns, citing onchain metrics

‘Bitcoin bull cycle is over,' CryptoQuant CEO warns, citing onchain metrics

CryptoQuant’s head chief says Bitcoin’s bull market could already be over — changing his stance from earlier in the month when he said the Bitcoin bull cycle will be slow but “is still intact.” “Bitcoin bull cycle is over, expecting 6-12 months of bearish or sideways price action,” CryptoQuant founder and CEO Ki Young Ju […]

Canary Capital proposes first Sui ETF in US SEC filing

Canary Capital proposes first Sui ETF in US SEC filing

Canary Capital has filed its sixth proposed crypto exchange-traded fund (ETF) with US regulators, this time for one tracking the spot price of the crypto token Sui. In a March 17 Form S-1 filing to the Securities and Exchange Commission, the crypto investment firm requested to list the Canary SUI ETF, which didn’t include information […]

Microsoft warns of new remote access trojan targeting crypto wallets

Microsoft warns of new remote access trojan targeting crypto wallets

Tech giant Microsoft has discovered a new remote access trojan (RAT) that targets crypto held in 20 cryptocurrency wallet extensions for the Google Chrome browser.  Microsoft’s Incident Response Team said in a March 17 blog post that it first discovered the malware StilachiRAT last November and found it can steal information such as credentials stored […]

LIBRA memecoin orchestrators named as defendants in US class-action suit

LIBRA memecoin orchestrators named as defendants in US class-action suit

The Libra token scandal is set to be reviewed by the Supreme Court of New York after a newly filed class-action lawsuit accused its creators of misleading investors and siphoning over $100 million from one-sided liquidity pools. Burwick Law filed the suit on behalf of its clients against Kelsier Ventures, KIP Protocol and Meteora on […]

Musk says he found ‘magic money computers’ printing money ‘out of thin air’

Musk says he found ‘magic money computers’ printing money ‘out of thin air’

US government cost-cutting csar Elon Musk claims to have found at least 14 “magic money computers” in the federal government with the ability to send money from nothing. Musk said the computers, which exist in several federal departments, including the Treasury, Defense and Health and Human Services departments, can essentially issue payments and send money […]

Bitcoin’s recent $12B open interest wipeout was essential, says analyst

Bitcoin’s recent $12B open interest wipeout was essential, says analyst

Bitcoin’s nearly $12 billion open interest shakeout earlier this month might be just the catalyst needed for the asset to regain its upward momentum, according to a crypto analyst. “This can be considered as a natural market reset, an essential phase for sustaining a bullish continuation,” CryptoQuant contributor DarkFost said in a March 17 markets […]

Solana deletes ‘cringe’ ad criticized for being ‘tone deaf’ on gender issues

Solana deletes ‘cringe’ ad criticized for being ‘tone deaf’ on gender issues

The team behind blockchain network Solana has deleted a controversial advertisement posted on its X account after immense backlash over political messaging around gender identity. The more than two-and-a-half-minute ad for the Solana Accelerate conference posted on March 17 with the caption “America is back. Time to Accelerate” depicted a man as “America” in a […]

Arbitrum devs launch incubator-style program ‘Onchain Labs’

Arbitrum devs launch incubator-style program ‘Onchain Labs’

Offchain Labs, the developers of Ethereum layer-2 network Arbitrum, have announced a partnership with the Arbitrum Foundation to launch a new incubator-style program called Onchain Labs. According to a March 17 post by Offchain Labs, the new incubator is aimed at rapidly adding to Arbitrum’s existing decentralized application (DApp) offerings with a particular focus on […]

Hyperliquid opened doors to ‘democratized’ crypto whale hunting: Analyst

Hyperliquid opened doors to ‘democratized’ crypto whale hunting: Analyst

Crypto whale tracking on the Hyperliquid blockchain has enabled traders to target whales with prominent leveraged positions in a “democratized” attempt to liquidate them, according to the head of 10x Research. Hyperliquid, a blockchain network specializing in trading, allows traders to publicly observe what type of positions a whale is holding, and since these positions […]

SEC could axe proposed Biden-era crypto custody rule, says acting chief

SEC could axe proposed Biden-era crypto custody rule, says acting chief

The US Securities and Exchange Commission could change or scrap a rule proposed under the Biden administration that would tighten crypto custody standards for investment advisers, according to the agency’s acting chair, Mark Uyeda. In prepared remarks to an investment industry conference in San Diego on March 17, Uyeda said the rule proposed in February […]

Paul Atkins closes in on SEC chair role amid setbacks: Report

Paul Atkins closes in on SEC chair role amid setbacks: Report

Paul Atkins could move one step closer to becoming the US Securities and Exchange Commission’s new crypto-friendly chair, with a Senate committee hearing reportedly in the works for March 27. President Donald Trump nominated Atkins to lead the SEC on Dec. 4, but his marriage into a billionaire family has reportedly caused headaches with financial […]

Bitcoin sees 30% retracement as selling pressure increases — Bitfinex

Bitcoin sees 30% retracement as selling pressure increases — Bitfinex

Bitcoin (BTC) has undergone its second-largest correction of this bull run, according to analysts at crypto exchange Bitfinex. The correction, from the coin’s all-time high of $109,590 set on Jan. 20 to a low of $77,041 during the week of March 9-15, represents a 30% retracement triggered by selling pressure from short-term holders. In its […]

Solana futures finish first trading day on CME

Solana futures finish first trading day on CME

Solana (SOL) futures traded for the first time on the Chicago Mercantile Exchange (CME) Group’s US derivatives exchange on March 17 as the cryptocurrency’s mainstream adoption gains momentum. In February, CME tipped plans to list two types of SOL futures contracts: standard contracts representing 500 SOL and retail-friendly “micro” contracts representing 25 SOL each.  They […]