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 […]
Bitcoin Drops Below $90K as Crypto Market Sees $150M in Liquidations
Bitcoin (BTC) fell to $87,101 on March 3 as the Wall Street session opened, with investor sentiment rattled by U.S. trade tariff concerns. Market Awaits Trump’s “Investment Announcement” Data from TradingView showed BTC/USD sliding under $90,000, marking a 5% daily decline. Earlier in the week, optimism surrounding the idea of a U.S. strategic crypto reserve […]
Swiss National Bank Rejects Bitcoin as Reserve Asset, Citing Risks
Swiss National Bank (SNB) President Martin Schlegel has dismissed the idea of adding Bitcoin to Switzerland’s reserve assets, highlighting concerns over volatility, liquidity, and security. Schlegel’s stance contrasts with a proposal from Swiss Bitcoin advocacy group 2B4CH, which aims to amend the constitution to require the SNB to hold Bitcoin as part of its reserves. […]
Trump Announces Crypto Reserve to Feature BTC, ETH, SOL, XRP, and ADA
U.S. President Donald Trump has directed the President’s Working Group on Digital Assets to include Solana (SOL), XRP, and Cardano (ADA) in the country’s strategic crypto reserve. In a follow-up statement, Trump confirmed that Bitcoin (BTC) and Ethereum (ETH) would also be part of the reserve, emphasizing that they would form its foundation. During his […]
Bybit Hackers Resume Money Laundering, Moving Another 62,200 ETH
North Korea’s infamous Lazarus Group has continued its laundering operations, transferring another 62,200 Ether—valued at $138 million—on March 1 from the massive Bybit hack that occurred on February 21. This leaves only 156,500 ETH still to be moved, according to a well-known crypto analyst. Out of the 499,000 ETH stolen in the $1.4 billion attack, […]
Pi Network Responds to Bybit CEO’s Scam Allegations
Pi Network has responded to accusations of being a scam following a recent post from Bybit CEO Ben Zhou, who questioned the legitimacy of the project. On February 20, an X account claiming to be Pi Network’s “unofficial technical team” suggested that the project had turned down a listing offer from Bybit and that the […]
Analysts say BTC crash was ultimate buy signal
Bitcoin (BTC) saw a sharp 21.3% decline between Feb. 21 and Feb. 28, briefly dipping to $78,300—a level last seen in November 2024. The drop triggered over $1.6 billion in leveraged long liquidations, intensifying market volatility as exchanges forcefully sold contracts. This $21,210 plunge stands as Bitcoin’s steepest seven-day decline on record. Despite the downturn, […]
SEC Commissioner Challenges Agency’s View on Memecoins
Caroline Crenshaw, a Commissioner at the US Securities and Exchange Commission (SEC), has expressed disagreement with the agency’s recent classification of memecoins as non-securities. In a statement issued on Feb. 27, Crenshaw argued that memecoins could meet the Howey test criteria for securities, particularly the requirement that profits arise from the efforts of third parties. […]
Oklahoma Bitcoin Reserve Bill Advances, While Other States Pull Back
The Oklahoma House Bill 1203 (HB 1203), also called the Strategic Bitcoin Reserve Act, has cleared the Government Oversight Committee with a 12–2 vote on Feb. 25, 2025. The bill will now proceed to the House floor, where it may be debated, amended, or put to a vote. Proposed by Representative Cody Maynard, HB 1203 […]