Crypto Market Dips as SEC Shifts Regulatory Stance
This week, crypto news was dominated by falling asset prices and a shift in the SEC’s regulatory approach.
This week, crypto news was dominated by falling asset prices and a shift in the SEC’s regulatory approach.
BlackRock has integrated the iShares Bitcoin Trust (IBIT) into one of its model portfolios, marking a significant step in institutional Bitcoin (BTC) adoption. IBIT, the asset manager’s Bitcoin-holding ETF, now holds …
Bitcoin (BTC) has plunged over 6.8% in the past 24 hours, slipping below $80,000. This price correction helped close a historical CME gap, a development closely monitored by crypto traders. According to analyst Rekt C…
MicroStrategy, the largest corporate holder of Bitcoin, is under pressure as its aggressive accumulation strategy, led by Michael Saylor, faces a $3.86 billion unrealized loss. The company’s massive Bitcoin purchases,…
Senator Cynthia Lummis believes a U.S. Bitcoin reserve could take longer than crypto supporters expect, suggesting that states might establish Bitcoin strategic reserves before the federal government. Speaking at a Ne…
CME Group, a global leader in derivatives markets, announced plans to introduce Solana (SOL) futures on March 17, pending regulatory approval. The new contracts will include a smaller 25 SOL contract and a larger 500 …
Decentralization is a core principle of blockchain, often discussed in Bitcoin mining. However, Proof-of-Stake (PoS) networks like Ethereum and Solana also face centralization risks. SenseiNode, a leading staking firm…
Cardano (ADA) saw a sharp decline, dropping 10.2% in the past 24 hours to $0.5954 by 00:08 (05:08 GMT) on the Investing.com Index. This marks its largest single-day percentage loss since February 24. The downturn push…
Ethereum (ETH) tumbled 10.12% on Friday, marking its steepest one-day drop since February 24. Trading at $2,104.07 by 00:54 (05:54 GMT) on the Investing.com Index, ETH's market cap fell to $255.71 billion, representin…
XRP fell 10.01% to $2.0015 by 01:15 (06:15 GMT) on the Investing.com Index, marking its steepest one-day decline since February 24. The drop reduced XRP’s market cap to $116.14 billion, accounting for 4.41% of the tot…
Litecoin (LTC) tumbled 10.01% to $116.53 by 02:29 (07:29 GMT) on the Investing.com Index, marking its steepest one-day decline since February 24. This drop reduced Litecoin’s market capitalization to $8.86 billion, ac…
Ever second-guessed locking your door before leaving? Financial markets behave similarly. After breaking key resistance, assets often revisit the breakout level to confirm new support before rallying again.
Bitcoin's (BTC) price has dropped over 20% this month, marking its worst performance since June 2022. Despite the decline, traders on crypto exchange Bitfinex, known for accurately predicting market tops and bottoms, …
MetaMask, the leading self-custodial Ethereum wallet, has unveiled major updates to improve user experience and security. Announced at ETHDenver, these upgrades introduce smart contract capabilities, transaction batch…
Bitcoin fell to a 3.5-month low on Friday, dropping over 5% to $79,666, marking its first dip below $80,000 since November. The decline comes amid growing investor concerns over U.S. trade policies, a lack of fresh cr…
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has made significant strides in recovering assets and rebuilding trust following a recent security incident. The platform has swiftly implem…
Several U.S. states are racing to invest public funds in cryptocurrencies before the federal government establishes a strategic digital assets reserve. However, efforts in Pennsylvania, Wyoming, Montana, South Dakota,…
BitMEX, the cryptocurrency exchange and derivatives trading platform co-founded by Arthur Hayes in 2014, is reportedly looking for a buyer. Sources say the exchange appointed Broadhaven Capital Partners last year to o…
Coinbase has secured a major victory as the U.S. Securities and Exchange Commission (SEC) officially dismissed its lawsuit against the crypto exchange. The move, following a formal vote by SEC commissioners, prevents …
A group of leading blockchain and crypto firms has formed the Open Agents Alliance (OAA) to deliver decentralized artificial intelligence (AI) services using shared infrastructure. The alliance includes NEAR AI, the A…
China maintains strict crypto regulations while embracing blockchain, banning trading but building infrastructure. However, with Hong Kong offering regulated crypto markets, a potential loophole is emerging.
Michael Saylor, co-founder and executive chairman of MicroStrategy, recently revealed his visit to the US Financial Services Committee, where he discussed digital assets and the country’s path to global leadership in …
The SEC’s Division of Corporation Finance has clarified that most meme coins do not qualify as securities under federal law. Meme coins, inspired by internet trends, characters, and social movements, are primarily tra…
Michael Saylor’s Bitcoin-focused firm, Strategy, is on the verge of a historic milestone, nearing 500,000 BTC holdings. As of Feb. 23, 2025, the company holds 499,096 BTC, acquired for approximately $33.1 billion at a…
Texas is moving closer to becoming a leader in state-backed cryptocurrency reserves after the Senate Business and Commerce Committee unanimously passed Senate Bill 21 with a 9-0 vote. The bill now heads to the full Se…
A large volume of dormant Bitcoin (BTC) has recently been activated, sparking speculation about potential market impact. According to CryptoQuant analyst Martuun, 8,007 BTC, aged between three to five years, have been…
Standard Chartered’s top crypto analyst, Geoffrey Kendrick, remains bullish on Bitcoin despite its recent downturn. He predicts Bitcoin could reach $500,000 before the end of Donald Trump’s presidency, with a $200,000…
CoreWeave, a leading AI-focused cloud computing firm, is reportedly preparing for a U.S. public listing within the next week, aiming to raise around $4 billion. According to Bloomberg, the company is targeting a valua…
Stablecoins and crypto regulation took center stage at a Senate Banking Committee hearing, marking a key step toward a legislative framework for digital assets. Chaired by Wyoming Senator Cynthia Lummis, a strong cryp…
Ripple is strengthening its presence in the Asia-Pacific (APAC) region with a new partnership in South Korea. Ripple President Monica Long expressed excitement over the deal with BDACS, a top digital asset custodian i…
XRP has slipped below its ascending moving average, dropping to $2.24, signaling growing bearish momentum. The cryptocurrency now faces a critical downtrend, with a risk of further losses unless strong support holds. …
Ethereum (ETH) has faced its most intense selling pressure in 18 months, plunging to $2,428 after a 2.53% daily decline. The surge in trading volume signals potential further downside, echoing a similar market correct…
The U.S. House of Representatives has taken a key step to overturn an IRS rule that imposes strict tax reporting on decentralized finance (DeFi) platforms. The House Ways and Means Committee voted 26-16 in favor of a …
The FBI has identified North Korea as the culprit behind the massive $1.5 billion cryptocurrency theft from ByBit, a major crypto exchange. The agency attributed the attack to the "TraderTraitor" hacking group, known …
The U.S. Securities and Exchange Commission (SEC), the Tron Foundation, and Justin Sun have jointly requested a federal judge to pause the regulator’s lawsuit against Sun and his company. The motion, filed Wednesday, …
The U.S. Securities and Exchange Commission (SEC) has dropped its investigation into Gemini, but Gemini co-founder Cameron Winklevoss isn’t letting it go.
Bybit’s forensic review of last week’s $1.5 billion hack confirmed that its systems remained secure, attributing the breach to compromised Safe wallet infrastructure. The investigation found that a Safe developer's cr…
The U.S. Treasury has appointed Tyler Williams, regulatory counsel at Galaxy Digital, to advise on digital asset and blockchain policy. Williams, who currently leads Regulatory and Legislative Affairs at Galaxy Digita…
Bank of America is prepared to launch its own U.S. dollar-backed stablecoin if lawmakers approve necessary legislation, CEO Brian Moynihan said in an interview at the Economic Club of Washington, D.C.
Bitcoin tumbled to a three-month low on Wednesday, shedding 4.4% to hit $84,200 as global trade concerns and massive ETF outflows sparked a broader market sell-off. Investor sentiment soured after U.S. President Donal…