Trump’s WLFI Boosts Ether Holdings Amid Market Turbulence
The decentralized finance (DeFi) platform associated with former U.S. President Donald Trump has significantly ramped up its Ether holdings over the past week, capitalizing on a temporary price drop below $2,000. Trump’s World Liberty Financial (WLFI) has reportedly tripled its Ether holdings in just seven days, with data indicating that ETH briefly dipped to $1,991 […]
Bitcoin Faces Resistance Near $90K as US Tariff Worries Shake ETF Investors
Bitcoin’s attempt to hold above the crucial $90,000 level has been short-lived, with analysts citing macroeconomic uncertainty and a notable decline in institutional investment as key factors affecting the market. Bitcoin (BTC) surged nearly 10% on March 2, briefly surpassing $95,000 before encountering resistance at around $94,200—a double-top pattern on the daily chart that typically […]
Bukele Reaffirms Bitcoin Purchases Despite IMF Pressure
El Salvador’s President Nayib Bukele has reiterated that his government will continue acquiring Bitcoin, dismissing the latest request from the International Monetary Fund (IMF) to halt purchases. On March 3, the IMF renewed its call for El Salvador’s public sector to stop accumulating Bitcoin as part of a $1.4 billion extended fund facility agreement. Bukele […]
Mexican billionaire Goes “All-In” on Bitcoin, Allocating 70% of His Portfolio
Mexican billionaire Ricardo Salinas, founder and chairman of Grupo Salinas, has significantly increased his Bitcoin holdings, now dedicating 70% of his investment portfolio to Bitcoin-related assets. This marks a substantial rise from the 10% allocation he reported in 2020. In an interview with Bloomberg on March 4, Salinas stated he is “pretty much all in” […]
ESMA Clarifies Stance on Non-MiCA-Compliant Stablecoins Amid Market Uncertainty
The European Securities and Markets Authority (ESMA) has provided further insight into the status of stablecoins that fail to comply with the Markets in Crypto-Assets Regulation (MiCA), adding to the ongoing uncertainty surrounding their classification and use. On March 3, Binance announced plans to remove nine stablecoins that do not align with MiCA regulations, including […]
IMF Moves to Block El Salvador’s Public Sector from Accumulating Bitcoin
The International Monetary Fund (IMF) is seeking to limit Bitcoin purchases by El Salvador as part of an expanded $1.4 billion financial agreement with the country. On March 3, the IMF formally requested an extension of its funding arrangement with El Salvador, submitting several new documents, including updates to the staff statement and a new […]
Bybit Hack: $1.4B Stolen Crypto Laundered in 10 Days
The individual behind the Bybit hack, one of the most significant thefts in crypto history, has successfully laundered the entire $1.4 billion worth of assets taken. However, there is hope that blockchain security experts may still manage to recover some of the stolen funds. On February 21, Bybit fell victim to a major hack, resulting […]
Market Mayhem Triggers $1 Billion in Crypto Liquidations
Crypto derivatives traders faced over $1 billion in liquidations within 24 hours as escalating trade tensions rattled markets, according to CoinGlass data. A staggering 87% of liquidations came from long positions, as the volatility of early March erased double-digit gains from the previous days, the data revealed. On March 4, US President Donald Trump announced […]
Binance to Remove Non-MiCA-Compliant Stablecoins in Europe by March 31
Cryptocurrency exchange Binance is set to delist multiple stablecoins within the European Economic Area (EEA) as it works to align with the Markets in Crypto-Assets Regulation (MiCA). According to a March 3 announcement, Binance will remove spot trading pairs involving nine stablecoins—including Tether’s USDT and Dai (DAI)—for EEA users on March 31 to ensure compliance […]
Trump’s Crypto Reserve Plan Faces Congressional Hurdles, Rally Could Be Short-Lived
The crypto market experienced a surge following former U.S. President Donald Trump’s announcement of a potential strategic cryptocurrency reserve. However, analysts caution that the rally may be temporary. On March 2, Trump stated that his Working Group on Digital Assets had been tasked with incorporating three altcoins—XRP, Solana (SOL), and Cardano’s ADA—into the U.S. crypto […]