Mar 13 2025
The U.S. House of Representatives has passed H.J. Res 25, effectively rejecting the Internal Revenue Service’s (IRS) controversial broker rule. The resolution, which gained overwhelming bipartisan support, aims to protect decentralized finance (DeFi) innovation and prevent regulatory overreach. According to the DeFi Education Fund, 292 lawmakers voted in favor of the resolution while 132 went …
Mar 12 2025
X was hit by a distributed denial-of-service (DDoS) attack on Monday. Thousands of users were left unable to access the social media platform. A hacker group with alleged Russian ties, known as Dark Storm, has claimed responsibility for the cyberattack. The group’s leader announced the attack in a now-deleted Telegram post. The message boasted about …
Mar 12 2025
Big players are positioning themselves strategically, potentially signaling what’s next for crypto. Bitcoin has been struggling near $82,000 after fresh daily decline of over 4%. Santiment revealed that Bitcoin’s whale and shark wallets have undergone several pivotal shifts over the past six months which indicates a major influence over the market’s direction. According to Santiment, …
Mar 12 2025
El Salvador has increased its Bitcoin holdings, purchasing 6 BTC on March 10 instead of its usual 1 BTC per day. This brings the country’s total Bitcoin reserves to 6,111.18, valued at approximately $493 million at current market prices. The latest buy comes as Bitcoin’s price continues to hover just above $80,000 at the start …
Mar 11 2025
Wales holding 10+ BTC have been accumulating 1,002 Bitcoin daily over the past five days. This reflects a positive accumulation trend, contributing to a 2.8% price increase in the same period. Over the last six months, the on-chain analytic platform has identified five distinct accumulation cycles, each with varying impacts on Bitcoin’s price trajectory. From …
Mar 11 2025
Coinbase CEO Brian Armstrong says the exchange could be forced to delist USDT to comply with potential new regulations. Armstrong was discussing the possible impact of new rules that could require stablecoin issuers to back their tokens entirely with U.S. Treasury bonds and undergo periodic audits. The executive was to the Wall Street Journal on …
Mar 11 2025
Alexey Pertsev will be released from prison today under electronic monitoring. He continues to appeal his money laundering conviction linked to Tornado Cash. His release comes after months of unsuccessful bail requests and growing concerns over how the legal system treats privacy-focused crypto developers. In August 2022, the U.S. Treasury imposed sanctions on the crypto …
Mar 11 2025
Bitcoin is currently testing a crucial support zone at the 200-day moving average ($83K) and the 0.5 Fibonacci retracement level. The price action near this range is critical and decisive for the market, as a bearish breakdown could trigger a major sell-off. For now, Bitcoin is trapped between the 100-day ($95k) and 200- day MAs …
Mar 05 2025
A new survey by the blockchain infrastructure provider P2P.org has unveiled some challenges and trends affecting institutions’ crypto adoption strategies. It also highlighted opportunities that institutions could explore to adapt to the evolving practices in the crypto industry. The survey included participation from more than 15 institutional players, with intermediaries, investment funds, and venture capital …
Feb 10 2025
Ripple’s price has been steadily rising, nearing the upper boundary of the sideways wedge pattern. A breakout above this critical threshold could ignite bullish momentum, with buyers targeting the $3 resistance zone. Strong buying activity near the 0.5-0.618 Fibonacci retracement levels has fueled this upward move. The coming days will be pivotal, as the price …