Archives par catégorie: Flash News

Sei Foundation floats 23andMe acquisition, genetic data on the blockchain

Sei Foundation floats 23andMe acquisition, genetic data on the blockchain

The foundation behind the layer-1 blockchain, Sei, announced it was exploring the acquisition of the genetic testing company 23andMe after the firm filed for bankruptcy. In a March 27 X post, the Sei network said its foundation was considering purchasing 23andMe “to defend the genetic privacy of 15 million Americans” by putting the company’s data […]

Getting crypto out of the 'AOL era' — Sandeep Nailwal

Getting crypto out of the 'AOL era' — Sandeep Nailwal

The current state of crypto is akin to the internet’s « America Online » (AOL) era during the late 1990s, when the user experience was clunky, technical, featured limited use cases, and moved at dial-up speeds, according to Polygon co-founder Sandeep Nailwal. In an interview with Cointelegraph, Nailwal identified several key areas of development to improve user […]

Solana price struggles to flip $150 to support — Is the SOL bull market over?

Solana price struggles to flip $150 to support — Is the SOL bull market over?

Solana’s native token, SOL (SOL), faced a sharp 8% rejection after briefly touching $147 on March 25. For the past three weeks, SOL has struggled to reclaim the $150 level, which is leading traders to question whether the bullish momentum that was originally driven by memecoin speculation and the rise of artificial intelligence sectors has […]

GameStop wipes out $3B in market cap as stockholders question Bitcoin plan

GameStop wipes out $3B in market cap as stockholders question Bitcoin plan

GameStop shed nearly $3 billion in market capitalization on March 27 as investors second-guessed the videogame retailer’s plans to stockpile Bitcoin (BTC), according to data from Google Finance.  On March 26, GameStop tipped plans to use proceeds from a $1.3 billion convertible debt offering to buy Bitcoin — an increasingly popular strategy for public companies […]

$16.5B in Bitcoin options expire on Friday — Will BTC price soar above $90K?

$16.5B in Bitcoin options expire on Friday — Will BTC price soar above $90K?

Bitcoin (BTC) investors are preparing for the record-breaking $16.5 billion monthly options expiry on March 28. However, the actual market impact is expected to be more limited, as BTC’s drop below $90,000 caught investors off guard and invalidated many bullish positions.  This shift gives Bitcoin bears a crucial opportunity to escape a potential $3 billion […]

Senator Cruz introduces companion bill to prohibit the Fed from issuing a CBDC

Senator Cruz introduces companion bill to prohibit the Fed from issuing a CBDC

US Senator Ted Cruz introduced a bill on March 26 to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC). The “Anti-CBDC Surveillance State Act,” would prohibit the Fed from offering certain products or services directly to American individuals, a key component of any CBDC. The Texas Republican’s bill can be considered […]

3 reasons why Bitcoin price can’t take out the $90K resistance level

3 reasons why Bitcoin price can’t take out the $90K resistance level

Since reaching a weekly high of $88,752 on March 24, Bitcoin (BTC) price has formed a series of lower highs and lower lows in the 1-hour time frame chart. As the end of the week approaches, Bitcoin price has failed to break above the $88,000 resistance, reducing the chance for a $90,000 retest before the […]

Senator John Kennedy grills SEC nominee Paul Atkins about SBF pardon

Senator John Kennedy grills SEC nominee Paul Atkins about SBF pardon

US Senator John Kennedy grilled prospective Securities and Exchange Commission (SEC) chairman Paul Atkins about a potential pardon for Sam “SBF” Bankman-Fried during the Senate Banking Committee’s March 27 nomination hearing. The Louisiana Republican directed a series of questions about the former FTX CEO toward Atkins and probed the prospective SEC chairman about donations Bankman-Fried’s […]

Bitcoin price rally stalls as gold nears record $3.1K

Bitcoin price rally stalls as gold nears record $3.1K

Bitcoin (BTC) faced mixed forces on March 27 as a combination of fresh US trade tariffs and macroeconomic data weighed on risk assets. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Gold leaves Bitcoin in the dust amid tariff woes Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility returning at the Wall Street open. BTC/USD […]

Bitcoin price rally stalls as gold nears record $3.1K

Bitcoin price rally stalls as gold nears record $3.1K

Bitcoin (BTC) faced mixed forces on March 27 as a combination of fresh US trade tariffs and macroeconomic data weighed on risk assets. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Gold leaves Bitcoin in the dust amid tariff woes Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility returning at the Wall Street open. BTC/USD […]

Circle, Intercontinental Exchange to explore stablecoin integration

Circle, Intercontinental Exchange to explore stablecoin integration

Stablecoin issuer Circle and Intercontinental Exchange (ICE), the company that operates the New York Stock Exchange (NYSE) among others and provides clearinghouse services, are collaborating to explore stablecoin integration in ICE’s operations. The companies will explore the potential integration of Circle’s US dollar stablecoin (USDC) and its US Yield Coin (USYC) into ICE’s derivatives exchanges, […]

USDT0 deployed on OP Superchain

USDT0 deployed on OP Superchain

Crosschain US-dollar stablecoin USDT0 has been deployed to Optimism’s Superchain, increasing access to the world’s most widely used stable asset across Ethereum’s layer-2 ecosystem. On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin’s first deployment was on Ink, Kraken’s DeFi-focused layer-2. USDT0 is essentially a […]

Prospective SEC chair pressed on sale of FTX-tied firm

Prospective SEC chair pressed on sale of FTX-tied firm

Lawmakers in the US Senate Banking Committee questioned prospective Securities and Exchange Commission (SEC) member Paul Atkins on his ties to the crypto industry and how he might regulate digital assets if confirmed. Questioning Atkins at his nomination hearing on March 27, Massachusetts Senator Elizabeth Warren said the former SEC commissioner had had “staggeringly bad […]

MahaKumbh signaled India’s readiness for the metaverse

MahaKumbh signaled India’s readiness for the metaverse

Opinion by: Shubham Kukrety, co-founder and CEO at QuoteIt  Strange sights were seen as India recently concluded MahaKumbh, a Hindu congregation that occurs once every 144 years. Every day, a man took dips at Sangam — the triple confluence of rivers Ganga, Yamuna and Sarasvati — with several passport-sized photographs offering “Digital Snan,” symbolizing digital […]

Ex-FTX CEO moved to transit facility after interview

Ex-FTX CEO moved to transit facility after interview

Officials with the Federal Bureau of Prisons have moved former FTX CEO Sam “SBF” Bankman-Fried to a transit facility days after right-wing political commentator Tucker Carlson interviewed him. As of March 27, the Federal Bureau of Prisons website showed Bankman-Fried was being housed at the Federal Transfer Center (FTC) in Oklahoma City, suggesting that he […]

Ripple, Chipper Cash partner for faster and cheaper African remittances

Ripple, Chipper Cash partner for faster and cheaper African remittances

Ripple has partnered with African payment infrastructure provider Chipper Cash to support crypto-enabled cross-border payments. According to a March 27 announcement, Chipper Cash will use Ripple Payments for its cross-border transactions as part of the deal. The companies said the partnership is designed to offer faster, cheaper and more efficient settlements. Chipper Cash. Source: Chipper […]

Is Bitcoin’s future in circular economies or national reserves?

Is Bitcoin’s future in circular economies or national reserves?

Bitcoin is seeing unprecedented adoption with the US establishing a “strategic Bitcoin reserve,” but some prominent Bitcoin advocates believe the project is getting away from its roots. Earlier this year, Jack Dorsey, a Bitcoin proponent and founder of Twitter, said that he believed if Bitcoin becomes just a form of “digital gold” then the project […]

‘Stablecoin multiverse’ begins: Tether CEO Paolo Ardoino

‘Stablecoin multiverse’ begins: Tether CEO Paolo Ardoino

Paolo Ardoino, CEO of stablecoin issuer Tether, said the industry has just entered a new era, marked by an influx of stablecoin solutions from both private companies and governments. In a March 27 X thread, Ardoino said the crypto industry just entered the “stablecoin multiverse” era, where multiple stablecoins are launching to meet growing global […]

US crypto policy: Tax breaks, SEC cases dropped, Bitcoin Reserve plans unfold

US crypto policy: Tax breaks, SEC cases dropped, Bitcoin Reserve plans unfold

In the rapidly evolving world of cryptocurrency, regulatory shifts, legal battles and groundbreaking policy proposals are shaping the industry’s future.  The premiere episode of The Clear Crypto Podcast by Cointelegraph and StarkWare brings in a legal expert specializing in the crypto industry to help shed light on the state of crypto regulation in the US, […]

BlackRock Bitcoin ETP ‘key’ for EU adoption despite low inflow expectations

BlackRock Bitcoin ETP ‘key’ for EU adoption despite low inflow expectations

BlackRock’s new European Bitcoin exchange-traded product (ETP) is a major step for Bitcoin’s institutional adoption in Europe, though analysts expect lower inflows than its US counterpart. The iShares Bitcoin ETP, managed by the world’s largest asset manager, began trading on March 25 on Xetra, Euronext Amsterdam and Euronext Paris. While the launch marks a significant […]