Blogs

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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11
Mar

Why is Dogecoin price down today?

March 11, 2025, , , , , , , ,
Dogecoin (DOGE) is underperforming its top-ranking rivals, having fallen over 8% in the last 24 hours to trade at $0.158.What to know:Dogecoin lost 41% of its value between March 3 and March 11.The top memecoin established its lowest price in four months at $0.142 on March 11.DOGE/USD daily price chart. Source: Cointelegraph/TradingViewDogecoin’s downturn today and...
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11
Mar

Is altseason dead? Bitcoin ETFs rewrite crypto investment playbook

March 11, 2025
Bitcoin exchange-traded products may have fundamentally altered the concept of a crypto “altseason.”For years, the crypto market followed a familiar rhythm, a near-predictable dance of capital rotation. Bitcoin (BTC) surged, bringing mainstream attention and liquidity, and then the floodgates opened to altcoins. Speculative capital rushed into lower-cap assets, inflating their values in what traders euphorically...
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11
Mar

Ether risks correction to $1.8K as ETF outflows, tariff fears continue

March 11, 2025
Ether is struggling to reverse a near three-month downtrend as macroeconomic concerns and continued selling pressure from US Ether exchange-traded funds (ETFs) weigh on investor sentiment.Ether (ETH) has fallen by more than 53% since it began its downtrend on Dec. 16, 2024, after it had peaked above $4,100, TradingView data shows.The downtrend has been fueled...
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