Crypto News

Crypto Clarity: A Game-Changer for U.S. Markets As the cryptocurrency market continues to gain widespread attention and adoption, it has also faced its fair share of challenges and uncertainties. One of the biggest hurdles for the industry has been the lack of clear regulations and guidelines from the U.S. Securities and Exchange Commission (SEC). However, with the recent appointment of Gary Gensler as the new SEC chair, there is hope for a much-needed shift towards crypto clarity. The End of Debanking: A Win for Crypto Another major issue that has plagued the crypto industry is the practice of debanking, where banks and financial institutions refuse to provide services to crypto-related businesses and individuals. This has hindered the growth and development of the industry, making it difficult for businesses and individuals to access traditional banking services. With the new SEC chair's commitment to foster innovation, there is a chanc...

As the sun sets and we wrap up yet another eventful day in the world of cryptocurrency, let's take a moment to digest some of the key developments that have unfolded. A notable headline today featured the unfortunate closure of Harpie, a Coinbase-backed Web3 security firm. Despite raising $4.5 million and its ambitious vision of a theft-free crypto ecosystem, the firm has shuttered due to an unsustainable business model. This news is a reminder of the challenges Web3 companies face despite strong backing. In brighter news for Coinbase, they saw a legal victory as both South Carolina and Vermont dismissed staking lawsuits against them. This marks a positive trend for the crypto exchange, with Chief Legal Officer Paul Grewal noting the potential for other states to follow suit. Meanwhile, in fintech recovery efforts, Terraform Labs has announced plans to launch a claims portal by March 2025. This portal aims to aid creditors affected by the TerraUSD collapse, possibly settin...

FDIC Guidance for Crypto Activities This announcement from the FDIC has brought a sense of relief to financial institutions looking to enter the crypto space. With the increasing popularity of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), many banks and credit unions have been exploring ways to incorporate these digital assets into their services. This move by the FDIC signals a more welcoming stance towards cryptocurrencies, which is being reflected in the market. #FDIC #CryptoRegulation #Bitcoin #Ethereum #Dogecoin Crypto Trading on the Rise As more and more financial institutions dip their toes into the world of crypto, the trading volume for these digital assets has been steadily increasing. Major crypto tickers such as BTC, ETH, and DOGE have been experiencing record-breaking trading volumes, indicating a growing interest and trust in these currencies. This surge in trading activity also highlights the potent...

As the sun sets and we wrap up yet another eventful day in the world of cryptocurrency, let's take a moment to digest some of the key developments that have unfolded. A notable headline today featured the unfortunate closure of Harpie, a Coinbase-backed Web3 security firm. Despite raising $4.5 million and its ambitious vision of a theft-free crypto ecosystem, the firm has shuttered due to an unsustainable business model. This news is a reminder of the challenges Web3 companies face despite strong backing. In brighter news for Coinbase, they saw a legal victory as both South Carolina and Vermont dismissed staking lawsuits against them. This marks a positive trend for the crypto exchange, with Chief Legal Officer Paul Grewal noting the potential for other states to follow suit. Meanwhile, in fintech recovery efforts, Terraform Labs has announced plans to launch a claims portal by March 2025. This portal aims to aid creditors affected by the TerraUSD collapse, possibly settin...

The Digital Dirham Symbol The symbol, which represents the digital dirham, is a combination of the letters "DD" with two vertical lines running through them, representing the digital nature of the currency. This symbol will be used in all official communication, marketing, and branding of the digital dirham. Tokenization in Action One of the key features of the digital dirham is its ability to enable tokenization. This means that traditional assets, such as real estate or gold, can be converted into digital tokens and traded on the blockchain. This will open up new opportunities for investors and make transactions more efficient and secure. Increased Adoption and Use Cases The launch of the digital dirham is expected to significantly increase the adoption of cryptocurrencies in the UAE. With the support of the government and the central bank, the digital dirham is set to become a widely accepted form of payment for both retail and c...

Crypto Exchange Coinbase Wins Dismissal of Lawsuit in South Carolina South Carolina has joined a growing list of US states to dismiss a lawsuit against crypto exchange Coinbase over its staking services. The state's Attorney General's securities division had accused the exchange of offering unregistered securities, but the lawsuit was officially dismissed on March 27 in a joint stipulation between Coinbase and the division. This dismissal marks another victory for Coinbase in its legal battles, following a similar dismissal in Vermont earlier this year. Coinbase's Response to the Dismissal Coinbase's chief legal officer, Paul Grewal, took to social media to announce the news, stating that "South Carolina just joined Vermont to dismiss its unfounded staking lawsuit against Coinbase." He also added the hashtag #LegalWinning to celebrate the victory. This dismissal further solidifies Coinbase's stance on its staking ...

As the sun sets on yet another bustling day in the world of crypto, we gather around to wrap up the evening with a spotlight on the most significant events that have made waves. All eyes are on Capitol Hill as President Trump edges closer to eliminating a contentious IRS rule that demands DeFi platforms disclose their transactions. This move, recently supported by the U.S. Senate, has sparked anticipation as it could potentially ease the regulatory load on decentralized finance ecosystems with just a stroke of Trump's pen. Meanwhile, Google Cloud's recent entry as a validator on the Injective blockchain (INJ) has been heralded as a move that could revolutionize Web3 development. By committing to this role, Google aims to fortify the blockchain's security and reliability, thereby paving the path for innovative advancements in the tech space. On the trading front, The Blockchain Group's acquisition of 580 BTC underscores the ever-growing institutional embrace of crypto...

Introducing Robinhood Banking The newest addition to the Robinhood app, Robinhood Banking aims to make managing your money even easier. With this feature, users will be able to deposit and withdraw cash directly from their Robinhood account. This means that you no longer have to transfer funds between your bank account and Robinhood, making it more convenient and efficient. What is Robinhood Strategies? Robinhood Strategies is a new offering that allows users to follow investment strategies created by top investors. These strategies are created using algorithms and historical data to help users make informed investment decisions. Some of the popular strategies include "Growth" and "Dividend Aristocrats". Introducing Robinhood Cortex Another exciting addition to the Robinhood app is Robinhood Cortex, a powerful analytics platform that provides users with real-time market insights and data. With this feature, you can tr...

As twilight sets in, the crypto world continues to march forward with noteworthy events making headlines today. The U.S. Securities and Exchange Commission (SEC) is taking a proactive stance by hosting a series of expert roundtables to delve into the intricacies of crypto trading, custody, tokenization, and decentralized finance. Led by Commissioner Hester Peirce, this initiative signifies a shift from mere enforcement to genuine engagement with the industry. Meanwhile, Coinbase has thrown its weight behind Celo's successful upgrade to Ethereum Layer 2, utilizing Optimism's OP Stack to boost scalability, security, and Web3 adoption (CELO). The digital landscape isn't without its controversies, as highlighted by the arrest of crypto influencer Ben Armstrong, known as BitBoy, in Florida over alleged legal transgressions involving a Georgia court judge. This incident brings to the fore the potential legal pitfalls for prominent figures within the digital finance sphere. On a...

FDIC eliminates reputational risk as part of bank supervision The Senate Banking Committee recently made an announcement on March 25 stating that the Federal Deposit Insurance Corporation (FDIC) will no longer consider reputational risk as a factor in bank supervision. This move is seen as a major step towards embracing the cryptocurrency industry and its potential for growth and innovation. White House “Crypto Czar” praises FDIC decision David Sacks, also known as the White House “Crypto Czar”, has publicly praised the FDIC's decision to eliminate reputational risk as a component of bank supervision. He believes that this move is a significant correction and will pave the way for further adoption and integration of cryptocurrencies in the traditional banking system. Impact on crypto industry and market trends This decision by the FDIC is being viewed as a positive development for the crypto industry, as it removes a major barrier for trad...

As the sun sets on another tumultuous day in the crypto world, there’s no shortage of stories to keep the crypto enthusiasts buzzing. Let's delve into the day's most intriguing events that are shaping the landscape of digital currencies. Firstly, Binance finds itself under scrutiny as it suspends an employee amid insider trading allegations. The employee in question is suspected of leveraging insider info from a previous role to gain early trading profits related to a token launch. This incident underscores the pressing need for robust internal controls and maintaining transparency in crypto exchanges to sustain trust and integrity within the market. Meanwhile, in the world of stablecoins, Circle has launched its USDC (USDC) stablecoin in Japan, in partnership with SBI Holdings. USDC is now the first dollar-backed stablecoin approved under Japan’s regulatory framework, marking a significant milestone in Circle's global expansion strategy. Over at Robinhood, Massachusetts...

Introducing Trump Media & Technology Group's Partnership with Crypto.com The latest news from the world of cryptocurrency has been the announcement of a partnership between Trump Media & Technology Group and Crypto.com. This collaboration will see the launch of exchange-traded funds and exchange-traded products under the Truth.Fi brand. This development has sent the crypto world abuzz with excitement and speculation. What This Means for Crypto Investors The partnership between Trump Media & Technology Group and Crypto.com is a game-changer for crypto investors. With the launch of exchange-traded funds and exchange-traded products, investing in cryptocurrency has become more accessible and convenient. This move has also brought crypto into the mainstream, attracting more traditional investors and boosting the overall market cap. The Potential Impact on Crypto Markets The collaboration between Trump Media & Technology Grou...

As the evening settles in, let's dive into the whirlwind of activity that has stirred the crypto sphere today. First up, a touch of political influence in the crypto world as Donald Trump threw his weight behind the TRUMP coin on Truth Social. The endorsement triggered an immediate 10% price uptick for $TRUMP, although it soon lost steam despite a notable surge in trading volumes. This move once again underscores the power of public figures in swaying crypto markets, although the coin's volatility serves as a stark reminder of the risks involved. Shifting our focus to the institutional side, Metaplanet has expanded its Bitcoin treasury by purchasing 150 BTC at an eye-watering average price of $80,000 per coin, marking their total stash at 3,350 BTC. This addition reflects the ongoing corporate faith in Bitcoin's long-term value proposition and Metaplanet's impressive yield of 68.3% in 2025 so far. On the regulatory front, good news arrives for victims of a global cryp...

Stablecoin Adoption in Brazil: Finding Solutions to Illicit Use Cryptocurrency has been gaining traction in Brazil, with the country's market showing promising growth in terms of adoption and usage. However, concerns have been raised about the potential use of stablecoins for illicit purposes, such as money laundering and terrorist financing. The Concerns Stablecoins, such as Tether (USDT) and USD Coin (USDC), are cryptocurrencies that are pegged to a stable asset, usually a fiat currency like the US dollar. This makes them less volatile compared to other cryptocurrencies, making them a popular choice for users in Brazil. However, the stability and anonymity of stablecoins have raised concerns about their potential use for illegal activities. This has led to calls for stricter regulations and monitoring of stablecoin transactions. The Solution Tom Duff Gordon, VP at Coinbase, believes that there are ways to address the concerns about s...

As the sun dips below the horizon, casting its golden farewell, let's unwind with today's top stories in the crypto sphere. The U.S. SEC delivered a regulatory win for Bitcoin (BTC) and other proof-of-work cryptocurrencies by confirming that mining, whether solo or within a pool, does not fall under securities laws. This clarification brings a sigh of relief to miners and strengthens the stance of cryptocurrencies like Bitcoin. Meanwhile, across the pond, the European Central Bank (ECB) is making moves to roll out a digital euro. ECB Chief Economist Philip Lane voiced concerns about Europe's dependency on foreign tech payment services. The digital euro is a step towards financial autonomy, challenging stablecoins and tech giants for their stranglehold on economic sovereignty. Coinbase, one of the leading crypto exchanges, has taken matters into its own hands by proposing a comprehensive regulatory framework to the SEC. Their detailed proposal includes 36 recommendations aim...

However, the project failed to meet expectations and Square Enix has decided to pull the plug. Why Did Symbiogenesis Fail? Despite the hype surrounding Web3 and blockchain technology, Symbiogenesis failed to gain traction in the gaming community. The platform allowed players to purchase in-game items using cryptocurrency, but this concept was not well received by the majority of gamers. Additionally, the high transaction fees associated with using cryptocurrency made the purchasing process cumbersome and unattractive. Impact on the Crypto Market The news of Symbiogenesis' discontinuation has caused a stir in the crypto market. Many investors were banking on the success of this project to boost the adoption of cryptocurrency in the gaming industry. However, this setback has caused a dip in the prices of popular crypto tickers such as Bitcoin (BTC) and Ethereum (ETH). Lessons Learned for Future Web3 Ventures The failure of Symbiogen...

As the sun dips below the horizon, casting its golden farewell, let's unwind with today's top stories in the crypto sphere. The U.S. SEC delivered a regulatory win for Bitcoin (BTC) and other proof-of-work cryptocurrencies by confirming that mining, whether solo or within a pool, does not fall under securities laws. This clarification brings a sigh of relief to miners and strengthens the stance of cryptocurrencies like Bitcoin. Meanwhile, across the pond, the European Central Bank (ECB) is making moves to roll out a digital euro. ECB Chief Economist Philip Lane voiced concerns about Europe's dependency on foreign tech payment services. The digital euro is a step towards financial autonomy, challenging stablecoins and tech giants for their stranglehold on economic sovereignty. Coinbase, one of the leading crypto exchanges, has taken matters into its own hands by proposing a comprehensive regulatory framework to the SEC. Their detailed proposal includes 36 recommendations aim...

Stablecoins and the US Dollar: A Threat to Global Financial Stability? The rapid growth of stablecoins, cryptocurrencies pegged to a stable asset such as the US dollar, has caught the attention of many countries, including China. These digital assets have gained popularity due to their stability and ability to facilitate fast and cheap cross-border transactions. However, China sees this trend as a potential threat to global financial stability. China's Concerns About Stablecoins According to a senior economist from a Chinese research body, the dominance of US dollar-backed stablecoins could further strengthen the US dollar's position as the world's reserve currency. This would give the United States even more control over the global financial system, potentially destabilizing the economy of other countries. The Rise of Digital Currencies China has been actively exploring the use of digital currencies in recent years, with plan...

As the sun dips below the horizon, casting its golden farewell, let's unwind with today's top stories in the crypto sphere. The U.S. SEC delivered a regulatory win for Bitcoin (BTC) and other proof-of-work cryptocurrencies by confirming that mining, whether solo or within a pool, does not fall under securities laws. This clarification brings a sigh of relief to miners and strengthens the stance of cryptocurrencies like Bitcoin. Meanwhile, across the pond, the European Central Bank (ECB) is making moves to roll out a digital euro. ECB Chief Economist Philip Lane voiced concerns about Europe's dependency on foreign tech payment services. The digital euro is a step towards financial autonomy, challenging stablecoins and tech giants for their stranglehold on economic sovereignty. Coinbase, one of the leading crypto exchanges, has taken matters into its own hands by proposing a comprehensive regulatory framework to the SEC. Their detailed proposal includes 36 recommendations aim...

Legalization and Regulation: The Pakistani government has announced plans to legalize cryptocurrency and introduce a regulatory framework to govern its use. This move comes as the country looks to attract foreign investment and boost its economy. Bilal bin Saqib, the newly appointed crypto advisor to the government, has stated that the legalization of cryptocurrency will provide a clear path for investors and businesses to operate in the market. This move is expected to bring in much-needed capital and boost economic growth. Crypto Adoption in Pakistan: Despite the lack of clear regulations, cryptocurrency has gained significant popularity in Pakistan. Many Pakistanis have already jumped on the crypto bandwagon, with popular coins like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) seeing a surge in trading volumes. The government's move to legalize and regulate crypto is expected to further increase adoption and bring in more investo...

Electronic Payments and Crypto Tickers Electronic payments have become increasingly popular in recent years, with the rise of platforms such as Apple Pay, Google Pay, and PayPal. These payment methods offer convenience and ease of use for consumers, but they also come with their own set of risks. Crypto tickers such as BTC, ETH, and LTC have also gained traction as alternative forms of payment, but their volatility and lack of regulation make them a risky choice for transactions. Europe and Economic Pressure According to Philip Lane, the Chief Economist of the European Central Bank, the growing use of electronic payments in Europe exposes the continent to risks of economic pressure and coercion. This is because these payment platforms are largely controlled by non-European companies, leaving Europe vulnerable to outside influence and potential economic manipulation. Trending Hashtags and Coercion In response to Lane's warning, many social...

In the ever-evolving world of cryptocurrency, today's news delivered a medley of corporate maneuvers, regulatory shifts, and market responses. Kraken emerged as a central player with its impending $1.5 billion acquisition of NinjaTrader, aiming to expand its U.S. crypto futures and derivatives offering. This acquisition is set to mark one of the largest by a crypto service provider, illustrating Kraken's strategic push towards diversifying its financial footprint in a turbulent market landscape. Ethereum (ETH) continues to wrestle with volatility, as its price remains stifled below the $2,000 mark. Despite intermittent gains, the combination of geopolitical uncertainties and reduced demand persistence casts a shadow over its near-term future. Conversely, Binance's impersonators found themselves in the spotlight as Australian authorities cracked down on a scam operation duping over 130 investors, a stark reminder of the pressing need for enhanced security in the crypto spac...

Pakistan's Crypto Regulation Efforts The Pakistani government has been making efforts to create a legal framework for the use and regulation of cryptocurrencies in the country. This move is seen as a way to attract international investors to the country and boost its economy. Pro-Business Legal Framework The CEO of Pakistan Crypto Council, Bilal Bin Saqib, emphasized the need for a pro-business legal framework for cryptocurrencies. This would provide clarity for investors and businesses, making it easier for them to operate in the country. Regulatory Clarity for Investors With a clear and supportive legal framework, Pakistan aims to provide regulatory clarity for investors interested in the crypto market. This will also help to build trust and confidence in the market, leading to more investments in the country. Attracting International Investors One of the main goals of creating a legal framework for crypto in Pakistan is to attra...

As the sun sets on another bustling day in the crypto world, we delve into the latest developments that rocked the industry. It seems hackers have struck again, this time targeting AiXBT, leading to a significant 20% drop in its token value. On March 18, a sneaky scammer managed to siphon off 55.50 ETH, all due to a security misstep with the AI bot. Although the bot's core systems remained intact, this breach has understandably heightened security concerns. In response, AiXBT is moving its servers and ramping up security measures to prevent future incidents. In more constructive news, Coinbase has taken a step forward in bolstering DeFi transparency. It introduced Verified Liquidity Pools, a game-changer for both institutional and retail investors in the US and Singapore. This new service aims to mitigate risks in the DeFi space by offering verified pools, tackling the long-standing issues of liquidity opacity and dodgy counterparties. On the institutional front, a survey by Coin...

Breaking Crypto News – Stay Ahead of the Market! 🚀 Get the latest updates on major crypto events, including Netflix’s $11M fund misuse scandal, SEC’s decision to drop the Ripple lawsuit, Coinbase’s new DeFi security feature, and EOS skyrocketing 30%! 💰🔥 📌 🔗 TIMELINE (Starts from 15s): 👉 00:15 – 🎬 Filmmaker Indicted for Misusing $11M Netflix Funds on Stock & Crypto Gambling 💸 👉 00:26 – 💻 Hacker Exploits AI Crypto Bot AIXBT, Steals 55 ETH! 🚨 👉 00:43 – ⚖️ SEC Drops Ripple Lawsuit – CEO Brad Garlinghouse Confirms! 🎉 👉 00:58 – 💰 Czech Central Banker Kubicek Remains Skeptical of Bitcoin as a Reserve Asset 👉 01:18 – 🔍 Coinbase’s New KYC-Verified Pools Aim to Secure DeFi Trading! 🏦 👉 01:41 – 🇺🇸 North Dakota Imposes $2,000 Daily Limit for Crypto ATM Transactions! ⛔ 👉 01:54 – 🚀 EOS Token Spikes 30% as Network Rebrands to 'Vaulta'! 📈 👉 02:08 – 🔗 Coinbase Expands Onchain Trading with Verified Pools! 🌍

Bakkt's Share Price Falls After Losing Key Clients The crypto market was hit with a major blow on March 18 as Bakkt, a leading crypto firm, announced that two of its biggest clients would not be renewing their commercial agreements. This news caused Bakkt's share price to plummet by over 27%, leaving investors and traders in shock. The two clients in question are none other than the Bank of America and Webull, both of which have played a significant role in Bakkt's success. Bank of America and Webull Withdraw Support In a regulatory filing on March 17, Bakkt revealed that it had received notice from the Bank of America that it would not be renewing its commercial agreement with the company. This agreement is set to expire on April 22, leaving Bakkt with a significant loss of support from one of its key clients. Webull, a popular online brokerage platform, also announced that it would not be renewing its agreement with Bakkt, addin...

What is Verified Pools? Verified Pools is a new offering from Coinbase, one of the leading cryptocurrency exchanges. It is aimed at attracting institutional clients and providing them with a secure and efficient way to access the crypto market. How does it work? Verified Pools will offer clients access to high efficiency and native on-chain infrastructure. This means that institutional users will be able to take advantage of the speed and security of blockchain technology while trading on Coinbase. Benefits for institutional users With Verified Pools, institutional clients will have access to a secure and regulated platform to trade cryptocurrencies. This will provide them with peace of mind and help to mitigate the risks associated with trading in the volatile crypto market. Additionally, the high efficiency and native on-chain infrastructure will allow for faster and more efficient trading, saving institutions time and money. Trending h...

As the sun sets and another eventful day in the crypto sphere comes to a close, enthusiasts and stakeholders find themselves reflecting on a series of significant developments shaping the landscape. In the world of ambitious fundraising, World Liberty Financial, spearheaded by former President Donald Trump, made headlines by raising a whopping $550 million through its token sales, with the second tranche alone bringing in $250 million. Despite the backdrop of wider crypto losses, the project continues to attract substantial investments. A significant portion of the governance token proceeds has been allocated to Trump and principal members of the LLC. Meanwhile, the project expanded its portfolio with $2 million in Avalanche and Mantle assets, further solidifying its presence in the market. It's a challenging time for Pi Network as the looming prospect of a massive token unlock in March casts a shadow over its currency. Pi Coin endured a notable 17% drop to a precarious $1.35, am...

🔴 Breaking Crypto News – Must Watch! 🚀 Stay updated with the latest crypto headlines shaping the market today! 🕒 Timeline : 📌 00:15 – ECB Governor Warns Trump’s Pro-Crypto Policies Could Trigger Global Financial Instability ⚠️ 📌 00:29 – Boerse Stuttgart’s BX Digital Gets FINMA Approval for Digital Asset Trading 💰 📌 00:43 – Microsoft Sounds Alarm on Malware Targeting Coinbase & MetaMask Wallets 🔥 📌 01:00 – Stuttgart Exchange Unit Approved for Blockchain-Based Trading in Switzerland 🇨🇭 📌 01:21 – Swyftx Acquires Easy Crypto Amid Trump’s Crypto-Friendly Influence 📈 📌 01:42 – Metaplanet Issues ¥2 Billion in Zero-Interest Bonds to Buy More Bitcoin 🏦 📌 01:56 – Ripple Takes a New Strategic Step – What’s Next? 🔵 💡 Top Stories Summary: The ECB Governor raises concerns about Trump’s pro-crypto stance, fearing global instability. Microsoft warns of a new malware attack targeting Coinbase & MetaMask users! Boerse Stuttgart secures approval to expand its digital asset tr...

As the sun sets on another bustling day in the crypto world, let's dive into the evening's top stories and developments that have shaken, stirred, and illuminated the digital assets ecosystem. The Bank of Korea has decided to steer clear of Bitcoin (BTC) for its foreign reserves, attributing this cautious decision to Bitcoin’s notorious volatility. The bank’s stance aligns with the International Monetary Fund’s guidelines, maintaining a traditional approach amidst a rapidly evolving digital landscape. Meanwhile, the volatility in Bitcoin's market persists, with a 22% drop from its all-time high stirring feelings of extreme fear. However, analysts remain optimistic, viewing the current dip as a mere shakeout in the ongoing bull cycle rather than a harbinger of a bear market. Across the ocean, European officials have chimed in with a stark warning about the potential risks posed by the U.S. backing of cryptocurrencies. Francois Villeroy de Galhau from the European Central B...