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REX-Osprey files for MOVE ETF

Asset manager REX-Osprey is seeking to launch an exchange-traded fund (ETF) designed to hold the Movement Networkโ€™s native token, MOVE, according to a March 10 announcement.The filing comes as Movement, a layer-2 (L2) blockchain network, launches its public mainnet beta, Movement said.It is the latest example of a fund sponsor filing to list an ETF comprising an alternative cryptocurrency, or โ€œaltcoin.โ€โ€œTraditional...

Published on: March 10, 2025 | Source: Cointelegraph favicon Cointelegraph

Bybit market share halves after record $1.5 billion theft

Bybit, a major crypto exchange, has experienced a sharp decline in market share following the $1.5 billion security breach it suffered in February. Data from Kaiko reveals that Bybitโ€™s market share plummeted from nearly 20% on Feb. 21 โ€” the day of the attack โ€” to as low as 5% on March 2. However, the [โ€ฆ] The post Bybit market share halves after record $1.5 billion theft appeared first on CryptoSlate.

Published on: March 10, 2025 | Source: CryptoSlate favicon CryptoSlate

What Canadaโ€™s new Liberal PM Mark Carney means for crypto

Mark Carney, a Canadian economist and now Prime Minister-designate, is already under the microscope for his previous remarks regarding cryptocurrency.Carney, who replaced former Prime Minister Justin Trudeau, took a measured and critical approach to cryptocurrencies, namely Bitcoin (BTC), in a 2018 speech he made at the Bank of England. He also shared concerns over private stablecoins and supported the idea of a...

Published on: March 10, 2025 | Source: Cointelegraph favicon Cointelegraph

Strategy aims for $21 billion in new perpetual STRK offering to boost Bitcoin holdings

Strategy (formerly known as MicroStrategy) has unveiled plans to raise $21 billion through its Series A preferred stock (STRK) to acquire more Bitcoin. According to a March 10statement, the company had entered a sales agreement to issue and sell shares of its 8.00% Series A perpetual strike preferred stock at the market (ATM).The shares will [โ€ฆ] The post Strategy aims for $21 billion in new perpetual STRK offering to...

Published on: March 10, 2025 | Source: CryptoSlate favicon CryptoSlate

Strategy Nears $21 Billion Stock Sale as Its Bitcoin Buys Stall

The move follows Strategy co-founder and Executive Chairman Michael Saylorโ€™s visit to the White House last week.

Published on: March 10, 2025 | Source: Decrypt favicon Decrypt

No Bottom in Sight as Bitcoin Funding Rate Swings

Bitcoin perpetual funding rates turned slightly negative, reaching an annualized rate of -2%.

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

Coinbase, Strategy and Bitcoin Miner Stock Prices Plummet Amid Trump Tariff Turmoil

Major crypto companies like Coinbase, Strategy, and Bitcoin miner MARA are also feeling the pain as stock market indices show red Monday.

Published on: March 10, 2025 | Source: Decrypt favicon Decrypt

Coinbase set to launch regulated 24/7 perpetual crypto futures in US

Coinbase announced plans Monday to introduce 24/7 perpetual futures trading for Bitcoin and Ethereum in the US through its regulated Coinbase Derivatives exchange, marking the first time such offerings will be available domestically. Coinbase Derivatives, LLC, a Commodity Futures Trading Commission (CFTC)-regulated futures exchange, confirmed it will launch continuous Bitcoin and Ethereum futures contracts, aligning [โ€ฆ...

Published on: March 10, 2025 | Source: CryptoSlate favicon CryptoSlate

Coinbase to Launch 24/7 Bitcoin and Ethereum Futures Trading in the U.S.

The exchange is also working on launching perpetual-style futures in the U.S. with long-dated expirations.

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

Crypto Funds Bleed $4.75B as Market Drop Erases Post-Election Gains

Despite the decline in assets under management, cryptocurrency prices remain above pre-election levels.

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

US investors lead $876M crypto outflows as Bitcoin tumbles amid political support

Digital asset investment products continued their losing streak for the fourth consecutive week, with outflows reaching $876 million, according to CoinSharesโ€˜ latest report. James Butterfill, head of research at CoinShares, noted that while the rate of capital flight has slowed, investors remain cautious amid the bearish market situation. He said the outflow brought the total [โ€ฆ] The post US investors lead $876M crypto...

Published on: March 10, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin nears $78K lows as US stocks dive at the Wall Street open

Bitcoin (BTC) sought a rematch with multimonth lows on March 10 as familiar selling accompanied the start of Wall Street trading.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price sags closer to new four-month lowsData from Cointelegraph Markets Pro and TradingView showed BTC/USD down around 4% on the day to reach $79,170 on Bitstamp.Weakness into the weekly close continued as risk assets across the board...

Published on: March 10, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Crumbles Below $80K as Crypto Sell-Off Goes From Bad to Worse

The price action came as the Nasdaq and S&P 500 stock indexes fell sharply early Monday as Trump failed to quell worries about a recession.

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

Facebook-Developed MoveVM Gets Closer to Ethereum Deployment With Public Mainnet Beta Launch

The mainnet launches with over $233 million worth of BTC, ETH and native asset MOVE in liquidity raised through Movement's Cornucopia program

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

Cayman Islands Now Requires Licensing for Crypto Custody and Trading Companies

The new law will go into effect on April 1, 2025.

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

IPMB report: The first vertically integrated gold tokenization project

As the global demand for gold remains strong and the assetโ€™s price has reached all-time highs, investors face a difficult choice between various gold investment vehicles. Traditional methods for investing in gold come with a number of drawbacks. Physical gold incurs substantial buy and sell fees, gold futures require advanced financial literacy, while gold-backed cryptocurrencies often lack reliable reserve audits, or...

Published on: March 10, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Dives Under $80K as Solana, Dogecoin and Stocks Fall on Inflation Fears

Crypto prices and stocks alike are falling Monday, with Bitcoin diving as traders react to President Trump's recession comments and more.

Published on: March 10, 2025 | Source: Decrypt favicon Decrypt

Bitcoin may benefit from US stablecoin dominance push

The US push to maintain the dollarโ€™s global dominance through stablecoin adoption could have unintended benefits for Bitcoin as it emerges as a potential national reserve asset.During the White House Crypto Summit on March 7, US Treasury Secretary Scott Bessent said the American government would use stablecoins to ensure the US dollar remains the worldโ€™s global reserve currency.โ€œWe are going to put a lot of thought...

Published on: March 10, 2025 | Source: Cointelegraph favicon Cointelegraph

U.S. Strategic Bitcoin Reserve, Crypto Stockpile a 'Pivotal Moment' for Industry: KBW

Bitcoin is the real winner as it is exclusively being treated as a reserve asset, the report said.

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

AI Agents Are the Web3 Users Weโ€™ve Been Waiting For

Crypto has sometimes struggled for real users. AI might finally provide them. Startups should get ready, says Jasper De Maere, Head of Research, Outlier Ventures.

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

Ethereum price bottom? $1.8B in ETH leaves exchanges, biggest outflow since 2022

Ethereumโ€™s native token, Ether (ETH), witnessed its lowest weekly close since November 2023, highlighting just how much the top altcoin has struggled over the past few months. Ethereum 1-day chart. Source: Cointelegraph/TradingViewIn the past 83 days, it declined by 51%, translating to an average daily loss of approximately 0.61%. If the losses are compounded daily, the rate increases to about 0.84%.Ethereum exchange...

Published on: March 10, 2025 | Source: Cointelegraph favicon Cointelegraph

European lawmakers silent on US Bitcoin reserve amid digital euro push

European lawmakers have remained silent on the US Strategic Bitcoin Reserve order, a landmark policy shift favoring early adopters of Bitcoin due to its economic model.US President Donald Trumpโ€™s March 7 executive order outlined a plan to create a Bitcoin reserve using cryptocurrency seized in criminal cases rather than purchasing Bitcoin (BTC) on the market.Despite the significance of the move, European policymakers...

Published on: March 10, 2025 | Source: Cointelegraph favicon Cointelegraph

CoinDesk 20 Performance Update: Index Drops 7.2% as All Assets Trade Lower

Chainlink (LINK) fell 14.3% and NEAR Protocol (NEAR) dropped 12.5%, leading the index lower.

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

Rex Shares and Osprey Funds File for MOVE ETF

The proposed REX-Osprey MOVE ETF would invest at least 80% of its assets in MOVE or related instruments.

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

XRP Bulls Need to Defend Near $2 Support After the Largest Price Drop Since November 2022. Here's Why.

A move below the said support would trigger a major bearish reversal pattern, the price chart shows.

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

Michael Saylorโ€™s Strategy to raise up to $21B to purchase more Bitcoin

Michael Saylorโ€™s Strategy, the worldโ€™s largest public corporate Bitcoin holder, is looking to raise up to $21 billion in fresh capital to purchase more BTC.On March 10, Strategy announced that it had entered into a new sales agreement that would allow the firm to issue and sell shares of its 8% Series A perpetual strike preferred stock to raise funds for general corporate purposes, including potential Bitcoin (BTC)...

Published on: March 10, 2025 | Source: Cointelegraph favicon Cointelegraph

Pakistan to Explore Blockchain for Multibillion Dollar Remittances From Abroad: Adviser

Blockchain technology could help improve the speed and lower the cost of cash transfers from migrant workers, Bilal bin Saqib said in an interview.

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

Strategy Comes Off the Sidelines With $21B Preferred Stock ATM Offering

A fresh round of purchases of bitcoin would bring the company's holdings above 500,000 tokens.

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

Spainโ€™s Second-Largest Bank BBVA To Offer Customers Bitcoin, Ethereum Trading

The service will eventually be available to all customers of the 150-year-old bank, which is among Europeโ€™s largest.

Published on: March 10, 2025 | Source: Decrypt favicon Decrypt

ECB Targets October to Finish Digital Euro Preparation Phase

Lawmakers recently raised concerns regarding the digital euro.

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

Strategyโ€™s Bitcoin stash still up over $7B despite market downturn

Software intelligence firm turned Bitcoin investment behemoth Strategy remains $7.8 billion in profit on its Bitcoin holdings despite the cryptocurrencyโ€™s recent drop to $80,000.On March 10, Bitcoin (BTC) recorded its largest weekly decline on record, shedding more value in the past seven days than at any other time in its trading history. Cointelegraph Markets Pro data shows that BTC went from $93,379 on March 3 to a...

Published on: March 10, 2025 | Source: Cointelegraph favicon Cointelegraph

Binance Bans Market Maker Over โ€˜Misconductโ€™ With GPS, SHELL Tokens

The crypto exchange has confiscated illicit profits from a market maker involved in misconduct with GPS and SHELL tokens.

Published on: March 10, 2025 | Source: Decrypt favicon Decrypt

Deja Vu Grips Crypto Market as BTC Mirrors Price Action Seen After U.S. Bitcoin ETF Launch: Van Straten

Is history repeating itself with another sell-the-news event from a major U.S. event?

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin, Ethereum Funds Have Lost $4.7 Billion in the Past Month: CoinShares

"Although this indicates a slowdown in the pace of outflows investor sentiment remains bearish," wrote CoinShares Head of Research James Butterfill.

Published on: March 10, 2025 | Source: Decrypt favicon Decrypt

Utah Senate Passes Bitcoin Bill, Removes BTC Reserve Clause

The bill provides residents with basic custody protections and establishes the right to mine BTC, operate notes and participate in staking

Published on: March 10, 2025 | Source: CoinDesk favicon CoinDesk