News

Bitcoin May Not Achieve Past Indicator Extremes According to CMT Expert

A crypto market technician is questioning if Bitcoin has peaked in its current bull cycle due to signs of diminishing momentum. Key findings...

Digital Asset Summit Highlights Institutional Interest in Crypto Adoption

At Blockworks’ Digital Asset Summit, attendees expressed optimism about institutional crypto adoption but lacked specific details. Key points...

OCC to Remove 'Reputational Risk' from Bank Examination Guidelines

At the Digital Asset Summit, President Trump criticized "lawless" Operation Chokepoint 2.0. Concurrently, the Office of the Comptroller of the...

Bitcoin Open Interest Declines 35% to $37 Billion Since ATH

Open interest in Bitcoin trading has decreased significantly, indicating a shift in market sentiment. Key points include: Bitcoin's open interest...

Crypto Futures May Gain Popularity and SEC Approval, Say Executives

On Thursday, Blockworks' Digital Asset Summit concluded with the launch of two solana futures ETFs by Volatility Shares and a filing for a Pudgy...

Mysten Labs Launches Walrus Decentralized Storage Platform on March 27

Walrus, a decentralized storage platform from Mysten Labs, is set to launch its mainnet on March 27. The platform aims to provide programmable file...

Investors Withdraw 360,000 Ethereum from Exchanges in 48 Hours

Ethereum has surpassed the $2,000 mark but failed to maintain it, closing below this level. Key observations include: ETH has seen a decline of...

SEC Commits to Developing Workable Policy for Crypto Assets

The U.S. Securities and Exchange Commission (SEC) is actively working with the crypto industry to develop a regulatory framework for digital assets....

Coinbase in Advanced Talks to Acquire Deribit for Up to $5 Billion

Coinbase is in advanced talks to acquire Deribit, a global crypto derivatives exchange, according to Bloomberg. Key points: The acquisition...

Ethereum Price Forms Megaphone Bottom Not Seen Since 2020

Crypto analyst TradingShot has identified a megaphone bottom formation in the Ethereum price, similar to patterns observed since 2020. This...

ETF Flows Stabilize as Bitcoin Correlates with US Market Trends

The crypto market is currently facing a pivotal moment. Bitcoin (BTC) briefly approached $77,000 but is now closely aligned with US market trends...

Michael Saylor Reflects on $6 Billion Loss and Bitcoin Comeback

MicroStrategy chairman Michael Saylor has significantly impacted the cryptocurrency landscape, particularly Bitcoin. Key points include: Saylor's...

South Korea Targets Illegal Crypto Exchanges for Potential Sanctions

South Korean financial authorities plan sanctions against illegal crypto exchanges, as reported by Hankyung. The Financial Intelligence Unit...

Web3 Gaming Industry Sees Growth Despite Current Market Challenges

Current sentiment in Web3 gaming is negative as investors express frustration over lack of mainstream success despite over $12 billion in venture...

US SEC Confirms Proof-of-Work Mining Exempt from Securities Laws

The United States Securities and Exchange Commission (SEC) has clarified that Federal Securities laws do not apply to Proof-of-work (PoW) mining...

XRP Price Increases 13% After Ripple's SEC Victory But Stagnates

The XRP price saw a modest increase of 13% to $2.60 following Ripple's legal victory over the US SEC, but has since retreated to around $2.40....

BaFin Finds Serious Deficiencies in Ethena's USDe Stablecoin

BaFin, Germany's financial supervisory authority, identified "serious deficiencies" in Ethena's synthetic USDe stablecoin, which has a market cap of...

Crypto Markets Flat While Industry Sees Positive Developments

Crypto markets remained stable this week. Bitcoin traded between $83,000 and $84,000, while the CoinDesk 20 index held around 2,600. Prices are...

Agently Launches Custom AI Agent Platform for Diverse Applications

Overview of Agently Agently enables users to create and deploy customized AI agents for various applications, enhancing interaction with...

Binance Launches Community Voting System for Token Delistings

Binance is implementing a community-driven delisting mechanism allowing users to vote on tokens to be removed from its platform, addressing...

Mega VC Raises May Hinder Decentralization Efforts in Crypto

Recent discussions at DAS panels highlighted the current dynamics of venture capital (VC) in crypto. Key points include: VCs remain active and...

PENGU Price Drops 10% Following ETF Filing by Canary Capital

Canary Capital filed for a Pengu ETF, leading to a 10% drop in PENGU price to $0.0062 from $0.0075. This decline coincided with a bearish sentiment...

HK Asia Holdings Acquires Additional 10 Bitcoin for $858,581

HK Asia Holdings (1723) purchased 10 bitcoin for $858,581, bringing its total holdings to approximately 18.88 BTC at an overall cost of about $1.72...

Crypto Trader William Parker Identified as Convicted Fraudster by ZachXBT

A crypto trader, William Parker, has been identified as a convicted fraudster by blockchain investigator ZachXBT. Key points include: Parker made...

U.S. Treasury Lifts Sanctions on Tornado Cash After Court Ruling

The U.S. Treasury Department's sanctions authority has removed Tornado Cash from its global blacklist. The crypto mixing tool was previously...

XRP Active Addresses Reach Highest Level Since April 2023

XRP is currently trading above critical support levels, demonstrating resilience amid broader market selling pressures. Key points include: XRP...

Titan Launches Private Mainnet for Meta DEX Aggregator

Titan has launched its meta DEX aggregator on private mainnet, allowing users to swap tokens by selecting quotes from multiple Solana DEX...

Fairshake PAC Invests $1.2 Million in Florida Republican Congressional Elections

The Fairshake political action committee is investing heavily in Republican candidates for special congressional elections in Florida, following...

SEC Clarifies Proof-of-Work Mining Activities Are Not Securities

The SEC announced that proof-of-work mining activities, essential for Bitcoin, do not require registration under US securities laws. Key points...

CoinDesk 20 Index Falls 1% as SUI Drops 5.1%

The CoinDesk 20 Index is currently at 2642.5, reflecting a decrease of 1.0% (-27.91) since Thursday at 4 p.m. ET. Key points: Five of 20 assets...
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