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California Shuts Down 26 Crypto Scam Sites Tied to $4.6 Million in Losses
Investigators say they processed over 2,600 complaints, exposing fake Bitcoin mining, crypto job scams, and crypto gaming frauds.
Published on: March 11, 2025 | Source:
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Bitcoin price bounces 4% as data gives β89% chanceβ stocks bottom is in
Bitcoin (BTC) rebounded above $81,000 on March 11 as US stocksβ futures sought relief from a brutal sell-off.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price bounces back amid calls for short squeezeData from Cointelegraph Markets Pro and TradingView showed daily BTC price gains approaching 4%.New four-month lows had accompanied the previous dayβs Wall Street trading session as recession fears sent...
Published on: March 11, 2025 | Source:BTC touches $80K, Strategy wants $21B more BTC, Banks to enter Crypto
BTC touches $80k then rebounds. Feed & Greed index hits 20 in βExtreme fearβ. OCC allows banks to broadly access crypto. Strategy files $21bn perp stock issuance. Stablecoin legislation by August: Trump. Utah senate passes watered down BTC bill. US could sell gold for BTC reserve: StanChart. Sacks talks down gold selling expectations. Fold Holdings buy 475 more BTC. US Dept. of Housing contemplating adopting...
Published on: March 11, 2025 | Source:The strategic crypto reserve will fuel ecosystem growth
Opinion by: Tim Haldorsson, founder of Lunar StrategyWhen US President Donald Trump announced the US strategic crypto reserve on March 2, the immediate focus fell on the price surges of the included coins. Behind the market excitement lies a much bigger story that extends far beyond the named assets themselves.The real opportunity lies not in holding Bitcoin (BTC), Ether (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA)...
Published on: March 11, 2025 | Source:Ethereum Foundation not behind $56M Sky deposit, developer says
An Ethereum developer rejected speculation that the Ethereum Foundation (EF) was behind a recent deposit of more than 30,000 Ether into the decentralized finance (DeFi) protocol Sky, formerly known as MakerDAO.On March 10, a wallet address deposited 30,098 Ether (ETH), worth about $56 million, into Sky. Crypto intelligence platform Arkham labeled the address βEthereum Foundation?,β raising speculation that the EF may...
Published on: March 11, 2025 | Source:Senate Banking Committee to Vote on Bipartisan 'Genius' Stablecoin Bill This Week
The bill seeks to establish a clear regulatory framework for stablecoins, addressing reserve requirements, audits, and licensing.
Published on: March 11, 2025 | Source:ChatGPT Maker OpenAI Inks $12B Deal With CoreWeave Ahead of Planned IPO
The OpenAI deal follows CoreWeave's $1.7 billion bid for AI platform Weights & Biases days earlier as it plans to go public this year.
Published on: March 11, 2025 | Source:China's Manus AI Challenges OpenAI's $200 AgentβIf You Can Get an Invite
A new autonomous AI agent platform claims benchmark superiority over Deep Research, even as skeptics question its legitimacy.
Published on: March 11, 2025 | Source:Bitcoin, Ethereum Prices Extend Losses as Stocks SagβWhatβs Next for Markets?
Stocks and crypto fell ahead of inflation data and Fed signals despite Trump moving to ease crypto banking restrictions.
Published on: March 11, 2025 | Source:Fortnite-Inspired Solana Dill Bits Coin Skyrockets 4,300% on Game's 'Rug Pull' Storyline
"Do not take financial advice from a pickle," the Fortnite video jokedβyet the storyline pumped a Solana meme coin inspired by the game.
Published on: March 11, 2025 | Source:Futures hold steady while spot Bitcoin trading volume tumbles
Bitcoin saw a drop in trading volume across both the spot and futures markets over the past five days. The decline, which followed a sharp drop in Bitcoinβs price after a week of extreme volatility, was likely driven by a combination of disappointing political developments, macroeconomic tensions, and weekend trading patterns. Data from Checkonchain shows [β¦] The post Futures hold steady while spot Bitcoin trading...
Published on: March 10, 2025 | Source:Rex Shares, Osprey Seek Movement ETF Approval as Ethereum Layer-2 Mainnet Launches
The proposed fund will track the price of the native MOVE token of Movement, an Ethereum layer-2 scaling network.
Published on: March 10, 2025 | Source:Cayman Islands tightens crypto rules with mandatory licenses starting April 1
The Cayman Islands has introduced new crypto licensing regulations that will require virtual asset service providers (VASPs) offering custody and trading services to obtain approval from the Cayman Islands Monetary Authority. The rules, set to take effect on April 1, 2025, are part of a broader effort to align the jurisdiction with international standards aimed [β¦] The post Cayman Islands tightens crypto rules with...
Published on: March 10, 2025 | Source:SEC Rethinks Whether to Expand 'Exchange' Definition to Include Crypto: Acting Chair
Acting SEC Chair Mark Uyeda said on Monday that the proposal tried to βtamp down the crypto market.β
Published on: March 10, 2025 | Source:SEC signals shift in crypto regulation policy, reassesses firm registration
Acting chairman Mark Uyeda announced on March 10 that the US Securities and Exchange Commission (SEC) is considering abandoning a proposal that would require certain crypto firms to register as alternative trading systems. At the β2025 Annual Washington Conference of the Institute of International Bankers,β Uyeda told an audience of bankers that he had instructed [β¦] The post SEC signals shift in crypto regulation...
Published on: March 10, 2025 | Source:Strategy shares down 30% since Saylorβs Forbes cover
Strategy (MSTR) shares have fallen 30% since its executive chairman and former CEO, Michael Saylor, was featured on the cover of Forbes, according to stock price data from Yahoo Finance. Between Jan. 30 and March 10, Strategyβs shares dropped from $340.09 to $238.25. The tumble includes a 17% decline on March 10 amid the wider sell-off in the tech stock market.Strategy one-day stock price. Source: Yahoo...
Published on: March 10, 2025 | Source:4 things must happen before Ethereum can reclaim $2,600
Ether (ETH) price dropped below $2,600 on Feb. 24 and has since struggled to sustain a meaningful recovery. The latest correction toward the $2,000 level triggered over $918 million in leveraged long (bull) liquidations in ETH futures within 15 days, according to CoinGlass data. Traders now question what needs to happen for ETH to break above $2,500.Ether/USD (left) vs. total altcoin market cap (right). Source:...
Published on: March 10, 2025 | Source:Recent SEC Guidance On Memecoins Suggests Broader Policy Change
The guidance may foreshadow a reappraisal of the Howey Test, which the SEC has recently used in its attempts to regulate cryptocurrencies through litigation, say Jason Mendro, Matt Gregory and Nick Harper, attorneys at Gibson Dunn.
Published on: March 10, 2025 | Source:Crypto needs policy change more than Bitcoin reserve β Execs
The cryptocurrency industry will benefit more from US regulatory clarity than from President Donald Trumpβs plan to create a national Bitcoin (BTC) reserve, several cryptocurrency executives told Cointelegraph.Trumpβs March 6 executive order creating a US strategic Bitcoin reserve and a separate digital asset stockpile for altcoins left crypto industry executives underwhelmed.Meanwhile, they are still waiting for the...
Published on: March 10, 2025 | Source:President Trump's Solana Meme Coin Down 85% From Peak as Inflation Fears Slam Bitcoin
Not even the presidentβs meme coin is weathering the crypto market downturn, with TRUMP now down more than 85% from its all-time high.
Published on: March 10, 2025 | Source:ESM chief warns Trumpβs crypto policies pose risk to EU monetary sovereignty
European Stability Mechanism (ESM) managing director Pierre Gramegna said that President Donald Trumpβs administrationβs favorable stance toward crypto, particularly dollar-backed stablecoins, could challenge Europeβs monetary autonomy, Bloomberg News reported on March 10. Gramegna warned that the changing US stance could encourage both foreign and American technology firms to pursue large-scale payment solutions using...
Published on: March 10, 2025 | Source:Coinbase to Launch 24/7 Bitcoin, Ethereum Futures for US Customers
The San Francisco-based exchange is working to catch up with offshore platforms that already offer round-the-clock futures.
Published on: March 10, 2025 | Source:Solana Hits Yearly Low as βPerfect Stormβ Batters Price
Controversy surrounding meme coins has affected Solanaβs price as token unlocks test confidence, according to one analyst.
Published on: March 10, 2025 | Source:Florida governorship candidate proposes state Bitcoin reserve amid inflation concerns
Byron Donalds, a US congressman and candidate for Floridaβs governorship, has proposed that the state establish a Bitcoin reserve, arguing that the digital asset could serve as a safeguard against inflation and federal monetary policy. In an interview with Fox Business on March 10, Donalds suggested that Florida should hold Bitcoin as part of its [β¦] The post Florida governorship candidate proposes state Bitcoin...
Published on: March 10, 2025 | Source:Trump Plans to Sign Executive Order Ending Biden-Era Crypto Debanking
Trumpβs executive order will seek to roll back anti-crypto banking rules of the Biden administration and could target key Federal Reserve policies, sources said.
Published on: March 10, 2025 | Source:Coinbase to launch 24/7 BTC, ETH futures in US
Coinbase announced on March 10 that it plans to offer 24/7 trading for Bitcoin (BTC) and Ether (ETH) futures to US residents. The exchange is also launching perpetual futures trading with long-date expirations. According to Coinbase, much of the current crypto derivatives market takes place outside of US borders, with American traders having to navigate fixed hours and expiring contracts, βwhich can create...
Published on: March 10, 2025 | Source:Ether's Freefall Below $1.9K Roils DeFi, Jeopardizes Crypto Loan Backed by $130M in ETH
Falling ETH prices also threaten other DeFi loans, with potential liquidations that could further impact the token's price.
Published on: March 10, 2025 | Source:El Salvador Signs Crypto Regulation Agreement With Paraguay
El Salvador had previously entered an agreement with Argentina.
Published on: March 10, 2025 | Source:Bitcoin drops below $80K as recent buyers realize losses but market indicators suggest stability
Bitcoin (BTC) has fallen below the $80,000 threshold after failing to to sustain the upward momentum built earlier in the day. Based on CryptoSlate data, Bitcoin was trading at $77,400 as of press time, down 5.84% over the past 24 hours. On-chain data indicates that recent buyers realizing losses contributed to the downturn, although the [β¦] The post Bitcoin drops below $80K as recent buyers realize losses but market...
Published on: March 10, 2025 | Source:Texas Senate passes Bitcoin reserve bill, New York targets memecoin rug pulls: Law Decoded
The Texas Senate passed the Bitcoin strategic reserve bill SB-21 on March 6. This followed a debate in which State Senator Charles Schwertner, who introduced the bill, argued that it would help Texas add a valuable and scarce asset to its balance sheet.Amid fears of Bitcoin (BTC) contending against the US dollar as a global reserve currency, Pro-Bitcoin lawmakers argued that Bitcoin was similar to gold and a hedge...
Published on: March 10, 2025 | Source:X Outage Linked to Dark Storm Hacker Group as Elon Musk Confirms 'Massive Cyberattack'
A massive denial of service attack linked to the notorious hacker group DarkStorm hit Elon Musk's social media platform X on Monday.
Published on: March 10, 2025 | Source:Bitcoin Posts 12% Weekly Loss as Crypto Liquidations Top $700 Million
βMany of the recent liquidations likely stem from inexperienced traders who entered the market during the βextreme greedβ phase," an analyst said.
Published on: March 10, 2025 | Source:U.S. SEC's Acting Chair Walking Back Agency Proposal on Crypto Trading Platforms
The securities regulator's long-delayed rule expanding the scope of regulated exchanges shouldn't have tried to include crypto, Mark Uyeda argues.
Published on: March 10, 2025 | Source:Thailand Approves USDT, USDC for Trading On Crypto Exchanges
Thailand has added two dollar-backed stablecoins to its list of regulated cryptocurrencies as global stablecoin adoption gains steam.
Published on: March 10, 2025 | Source:Bitcoin Short-Term Futures Slip Into Discount on Deribit in Sign of Weak Demand
Futures expiring on Friday have slipped into a discount, reflecting demand weakness.
Published on: March 10, 2025 | Source: