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Bitcoin and Ethereum Markets Rattled by Iran Tensions, Hot Inflation Data, and Fed Warning

A mix of geopolitical escalation, inflation data, and Federal Reserve signals has rattled global markets. According to analyst Ash Crypto, the combined pressure from rising oil prices, hotter-than-expected producer price inflation, and a cautious Fed stance is also weighing on crypto alongside traditional risk assets. What Happened In a March 19 post on X, Ash […]

North Korea-Linked Hackers Suspected in Bitrefill Breach That Drained Wallets

Bitrefill disclosed that it was targeted in a cyberattack on March 1, which resulted in the theft of cryptocurrency funds, and said its investigation found multiple indicators linking the incident to tactics used by the DPRK-associated Lazarus/Bluenoroff group. The company stated that similarities in the attackers’ methods, malware, on-chain tracing patterns, and the reuse of […]

Crypto Markets Tank $100B Amid Hawkish Fed Projections

Total market capitalization has declined by almost $100 billion in less than 24 hours before and after the Federal Reserve’s meeting on Wednesday. The metric is now at around $2.52 trillion after falling from just below a six-week high of $2.61 trillion on Wednesday. Over the past 24 hours, around 136,000 traders were wrecked, with […]

Analyst: Bitcoin ETF Holders Are $5K Underwater Even as Institutional Demand Returns

Bitcoin (BTC) touched $76,000 on March 17 to register its highest price level since early February, as institutional investors continued to put money into U.S. spot ETFs, extending a multi-day recovery streak coming after heavy outflows in February. However, the rebound in demand is running into a key constraint, according to analyst Axel Adler Jr., […]

SEC Finally Clarifies That Most Crypto Assets Are Not Securities

The SEC issued an interpretation on Tuesday clarifying how federal securities laws apply to certain crypto assets and transactions involving cryptocurrencies. This is a “major step in the Commission’s efforts to provide greater clarity regarding the treatment of crypto assets,” it stated. The guidance also “complements Congressional endeavors to codify a comprehensive market structure framework […]

Argentina Orders Nationwide Block on Polymarket Over Unlicensed Gambling

Argentina has moved to restrict access to the prediction market platform Polymarket after a Buenos Aires court determined it was operating as an unauthorized betting service. In a ruling issued by Judge Susana Parada, authorities ordered a country-wide block on the website and instructed Google and Apple to remove or limit access to its application […]

Stablecoin Liquidity Rises as Crypto Assets Resist Pressure From Escalating War Tensions

The broader financial market is under pressure due to rising tensions stemming from the ongoing Middle East crisis. However, crypto assets are pushing back and resisting the pressure. In fact, a recent report from the Asian crypto trading firm, QCP Capital, revealed that stablecoin liquidity is rising despite equities and gold buckling under pressure. This […]