This week, the crypto market, led by bitcoin (BTC), received positive news and reacted accordingly. However, the reaction was short-lived, and the entire field has returned to stagnation and negative trajectories. A weekly report from the market analytics platform CryptoQuant revealed that real spot demand for BTC is still in contraction territory, while bitcoin’s apparent […]
Iris Ramaya Au, a 35-year-old Irvine resident and former girlfriend of a self-proclaimed cryptocurrency fraudster known as “The Godfather,” has agreed to plead guilty to a federal tax charge for failing to report more than $2.6 million in illicit income tied to her ex-boyfriend’s criminal activities. Au faces a single felony count of subscribing to […]
Coinbase-incubated Layer 2 network Base has announced acquiring the development team behind Iron Fish, a privacy-focused blockchain project. The latest move aims to boost privacy features within Base. The acquisition focuses on integrating the expertise of Iron Fish’s team and does not involve the Iron Fish blockchain or its native token, both of which will […]
President Donald Trump hosted the first White House Digital Asset Summit on Friday, with a handful of major crypto executives and relevant members of his administration. Trump repeated his promises from his Thursday executive order to establish a Strategic Bitcoin Reserve, and to never sell America’s Bitcoin. “From this day on, America will follow the […]
Sam Bankman-Fried (SBF), the disgraced founder of cryptocurrency exchange FTX, has conducted a second interview from prison, once again drawing controversy and causing repercussions for his crisis management team. The interview, hosted by Tucker Carlson and posted on social media on Bankman-Fried’s 33rd birthday, took even his own public relations representative, Mark Botnick, by surprise. […]
Around 29,000 Bitcoin options contracts will expire on Friday, March. 7, and they have a notional value of roughly $2.5 billion. This week’s event is much smaller than last week’s end-of-month expiry, but a mammoth end-of-quarter contract expiry is due on March 28. The impact on spot markets is likely to be minimal as all […]
According to VanEck’s February crypto report, Solana’s decentralized exchange (DEX) volumes have shown resilience despite declining meme coin trading. The report shows that Solana’s trading activity briefly surpassed that of the Ethereum ecosystem, including its Layer 1 (L1) and Layer 2 (L2) networks. Solana Maintains High Trading Activity VanEck’s analysts revealed that the price of […]
Michael Saylor, founder of Strategy (formerly MicroStrategy), has said that a Bitcoin strategic reserve will position the United States as a leader in cyberspace. In an interview with Fox News Channel, Saylor argued that Bitcoin is a secure means of savings for individuals, companies, and governments. Bitcoin Will Take The U.S. to Cyberspace Saylor, whose […]
The US Dollar Index (DXY) has fallen to a fourth-month low this week as concerns about sluggish expansion in the world’s largest economy amid escalating trade tensions. DXY tanked to 104.13 on March 6, its lowest level since early November, according to Tradingview. The US Dollar Index is an index of the value of the […]
El Salvador’s President Nayib Bukele has doubled down on his pro-Bitcoin stance while simultaneously pushing back against the International Monetary Fund (IMF) despite a recent loan agreement that included terms to curtail the country’s BTC-related activities. In a strongly worded post on X, Bukele dismissed the notion that El Salvador would halt its Bitcoin acquisitions […]