Blogs

11
Mar

YouTuber says SEC will recommend dropping lawsuit over 2018 token ICO

March 11, 2025
Update (March 11 at 9:59 pm UTC): This article has been updated to include a response from the SEC.Ian Balina, the CEO of Token Metrics and a YouTuber with more than 100,000 subscribers, said the US Securities and Exchange Commission will stop pursuing him in court over allegations he violated securities laws by promoting Sparkster...
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11
Mar

Here’s what happened in crypto today

March 11, 2025, , , , , , , , , ,
Today in crypto, OKX is reportedly under scrutiny from European Union regulators for allegedly facilitating the laundering of funds from the Bybit hack. Meanwhile, analysts warn that Ether’s price could face further declines as ETF outflows and mounting macroeconomic concerns put pressure on the market. Additionally, Mt. Gox has made its second Bitcoin transfer in...
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11
Mar

YouTuber says SEC will recommend dropping lawsuit over 2018 token ICO

March 11, 2025
Ian Balina, the CEO of Token Metrics and a YouTuber with more than 100,000 subscribers, said the US Securities and Exchange Commission will stop pursuing him in court over allegations he violated securities laws by promoting Sparkster (SPRK) tokens in 2018.Speaking to Cointelegraph on March 11, Balina said the SEC had informed him it planned...
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11
Mar

EU watchdogs scrutinizing OKX over $100M in Bybit laundered funds: Report

March 11, 2025
European Union regulators are reportedly looking into a service offered by crypto exchange OKX that may have played a role in the laundering of $100 million in funds from the Bybit hack, according to Bloomberg.A March 11 Bloomberg report citing people familiar with the matter claims that national watchdogs from the EU’s member states discussed...
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11
Mar

Texas lawmaker seeks to cap state’s proposed BTC purchases to $250M

March 11, 2025
A member of the Texas legislature has proposed a bill that could limit the amount local and state authorities invest in cryptocurrency as a reserve asset.In a bill filed on March 10, Texas Representative Ron Reynolds proposed the state’s comptroller not be allowed to invest more than $250 million of its Economic Stabilization Fund —...
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11
Mar

Cboe seeks to add staking to Fidelity’s Ether ETF

March 11, 2025
Securities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity’s Ether exchange-traded fund (ETF), according to a March 11 filing. The filing marks Cboe’s latest attempt to support staking for the Ether (ETH) funds traded on its US exchange. Cboe’s proposed rule change would allow Fidelity Ethereum Fund (FETH) to “stake, or...
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11
Mar

Bitwise launches Bitcoin corporate treasury ETF

March 11, 2025
Bitwise has launched an exchange-traded fund (ETF) holding stocks of companies with large Bitcoin (BTC) treasuries, the asset manager said on March 11. The Bitwise Bitcoin Standard Corporations ETF (OWNB) “seeks to track the Bitwise Bitcoin Standard Corporations Index, a new equity index of companies with at least 1,000 bitcoin in their corporate treasuries,” Bitwise said. The...
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11
Mar

What is yield farming in decentralized finance (DeFi)?

March 11, 2025, , ,
What is yield farming? Yield farming, also known as liquidity mining, is a decentralized finance (DeFi) strategy where cryptocurrency holders lend or stake their assets in various DeFi protocols to earn rewards. These rewards often come in the form of additional tokens, interest or a share of transaction fees generated by the platform. In the yield...
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11
Mar

Bitcoin price bounces 4% as data gives ‘89% chance’ stocks bottom is in

March 11, 2025
Bitcoin (BTC) rebounded above $81,000 on March 11 as US stocks’ 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 day’s Wall Street trading session as...
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11
Mar

Why is Cardano price down today?

March 11, 2025, ,
Cardano (ADA) price displays weakness on March 11, down 2.5% over the last 24 hours to trade at $0.7250. A weakening technical setup and several onchain signals suggest that ADA could see a deeper correction in the coming days.ADA/USD daily chart. Source: Cointelegraph/TradingViewLet’s take a closer look at why ADA price is underperforming today.ADA falls...
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11
Mar

Bitcoin $70K retracement part of ‘macro correction’ in bull market — Analysts

March 11, 2025
Bitcoin’s potential retracement to $70,000 may be an organic part of the current bull market, despite crypto investor concerns of an early arrival of a bear market cycle.Bitcoin (BTC) fell more than 14% during the past week to close around $80,708 after investors were disappointed with the lack of direct federal Bitcoin investments in President...
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11
Mar

Why is Ethereum (ETH) price down today?

March 11, 2025, , , ,
Ether (ETH) price declined by over 11.75% in the last 24 hours to around $1,900. At its intraday low, the cryptocurrency was trading for $1,755, its lowest price since October 2023.ETH/USD four-hour price chart. Source: TradingViewSeveral factors appear to be contributing to ETH price losses, including:US recession fears and its overall impact on risk-on markets.Massive...
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