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SEC Acting Chair Seeks to Roll Back Crypto Trading Platform Proposal

SEC Acting Chair Seeks to Roll Back Crypto Trading Platform Proposal

Mark Uyeda, the Acting Chairman of the U.S. Securities and Exchange Commission (SEC), has signaled plans to reverse a widely criticized rule that sought to broaden the agency's oversight to include cryptocurrency trading platforms. The rule, initially proposed under former chairman Gary Gensler, aimed to expand the

XRP Price Faces Critical Support After Significant Weekly Decline

XRP Price Faces Critical Support After Significant Weekly Decline

XRP took a serious beating last week, plunging more than 27% in the seven days ending March 9. That's not just any decline – it's the cryptocurrency's biggest weekly percentage drop since way back in November 2022, according to the latest data from TradingView and

Strategy Aims to Raise $21 Billion Through Preferred Stock to Expand Bitcoin Holdings

Strategy Aims to Raise $21 Billion Through Preferred Stock to Expand Bitcoin Holdings

In a bold financial maneuver that has caught the attention of both cryptocurrency enthusiasts and traditional investors alike, Strategy – the company that rebranded from MicroStrategy – has unveiled plans to raise up to $21 billion by selling its 8% Series A perpetual preferred stock. According to documents filed with the Securities

US Authorities Shut Down Russian Crypto Exchange Garantex After $100 Billion in Transactions

US Authorities Shut Down Russian Crypto Exchange Garantex After $100 Billion in Transactions

US and European law enforcement agencies have successfully dismantled Garantex, a Moscow-based cryptocurrency exchange that authorities claim processed nearly $100 billion in transactions, with a substantial portion linked to criminal organizations and terrorist groups. The exchange, which had become a crucial financial channel for Russians following Western sanctions on the

Canary Capital Reportedly Registers Sui ETF Entity in Delaware

Canary Capital Reportedly Registers Sui ETF Entity in Delaware

A new filing in Delaware's official registration portal suggests that investment firm Canary Capital may be preparing to launch another cryptocurrency exchange-traded fund (ETF), this time focused on the Sui blockchain token. According to records, an entity named "Canary Sui ETF" was registered on March 6,

Warren Demands Financial Transparency from Trump's Crypto Czar Ahead of White House Summit

Warren Demands Financial Transparency from Trump's Crypto Czar Ahead of White House Summit

Senator Elizabeth Warren has formally requested that David Sacks, President Trump's recently appointed cryptocurrency advisor, publicly disclose his financial interests amid concerns about potential conflicts of interest in the administration's new crypto initiatives. In a letter sent Thursday, Warren (D-Mass.) called for Sacks to release details

Euro Heads for Best Weekly Performance in 16 Years as Dollar Weakens Before US Jobs Report

Euro Heads for Best Weekly Performance in 16 Years as Dollar Weakens Before US Jobs Report

The euro is on track for its strongest weekly gain against the dollar in 16 years this Friday, bolstered by Germany's significant fiscal reform plans. Meanwhile, the US dollar hovers near a four-month low as markets await the latest American employment figures. Currency markets experienced considerable volatility this

Bitwise Partners with Maple Finance to Launch Bitcoin-Backed Lending in DeFi

Bitwise Partners with Maple Finance to Launch Bitcoin-Backed Lending in DeFi

Bitwise, a prominent crypto asset manager and ETF provider, has stepped into the world of decentralized finance (DeFi) through a new partnership with Maple Finance, a specialist in on-chain credit. Announced Thursday, this collaboration introduces Bitwise’s first allocation into DeFi, offering a bitcoin-backed lending product to accredited U.S.

Solana Faces Critical Decision on Reducing SOL Token Inflation Rate

Solana Faces Critical Decision on Reducing SOL Token Inflation Rate

Solana’s leadership is weighing a bold economic shift that could make its cryptocurrency, SOL, more attractive to investors by slashing its inflation rate. However, the proposal has sparked concerns that it might push out smaller validators—key players in keeping the network decentralized. At the heart of the discussion

Lombard Finance Brings Bitcoin Staking Token LBTC to Sui Blockchain

Lombard Finance Brings Bitcoin Staking Token LBTC to Sui Blockchain

Lombard Finance is set to launch its liquid-staking bitcoin token, LBTC, on the Sui blockchain this Thursday, marking a significant step in expanding bitcoin’s role in decentralized finance (DeFi). This move introduces LBTC to its first blockchain outside the Ethereum Virtual Machine (EVM) family, joining networks like Ethereum, Base,

RedStone Launches RED Token on Ethereum, Enabling Staking Through EigenLayer Integration

RedStone Launches RED Token on Ethereum, Enabling Staking Through EigenLayer Integration

RedStone, a blockchain oracle solution provider, has officially launched its RED token on Ethereum, designed to enhance security and decentralization of the platform's data delivery infrastructure through staking mechanisms. The token launched with a fixed supply of 1 billion RED tokens, which will be distributed across several allocations.

Bitcoin Futures Market Shows Sharp Decline in Speculative Activity

Bitcoin Futures Market Shows Sharp Decline in Speculative Activity

Bitcoin's futures market has experienced a significant contraction, with open interest dropping to its lowest level since August, according to data from blockchain analytics firm Glassnode. The total open interest has fallen from 546,000 Bitcoin to 413,000 Bitcoin (approximately $36 billion) across all exchanges since November,

Silicon Valley Venture Firm Foundation Capital Raises $600 Million for 11th Fund

Silicon Valley Venture Firm Foundation Capital Raises $600 Million for 11th Fund

Foundation Capital, a veteran Silicon Valley venture capital firm, announced Wednesday it has raised $600 million for its 11th fund, marking a significant expansion of its investment strategy in cryptocurrency, fintech, and artificial intelligence. The 30-year-old firm has built a reputation for backing startups at the earliest stages of development,

Bitcoin Plunges Below $88K as Crypto Market Faces Multiple Headwinds

Bitcoin Plunges Below $88K as Crypto Market Faces Multiple Headwinds

Bitcoin has tumbled to a three-month low under $88,000, dragging the broader cryptocurrency market into a steep decline. On February 25, 2025, the CoinDesk 20 Index dropped over 10% in just 24 hours, driven by fading investor confidence, a memecoin frenzy, and economic jitters in the U.S. Experts

Dubai Greenlights Circle’s USDC and EURC Stablecoins for Financial Hub

Dubai Greenlights Circle’s USDC and EURC Stablecoins for Financial Hub

Dubai has officially approved Circle’s USDC and EURC stablecoins for use within the Dubai International Financial Centre (DIFC), a major financial hub, the company announced on Monday. This decision by the Dubai Financial Services Authority (DFSA) allows businesses to leverage these digital currencies for payments, financial services, and more,

XRP Ecosystem Flourishes as Investors Turn to BlocScale’s $BLOC Private Sale

XRP Ecosystem Flourishes as Investors Turn to BlocScale’s $BLOC Private Sale

The XRP ecosystem is experiencing significant momentum, driven by institutional adoption, increased developer activity on the XRP Ledger, and the launch of new investment vehicles like the XRP Exchange-Traded Fund (ETF). These advancements have heightened the demand for a dedicated platform to support new projects and unlock capital within the

Ethena Raises $100 Million in Private ENA Token Sale to Expand Network and Institutional Offerings

Ethena Raises $100 Million in Private ENA Token Sale to Expand Network and Institutional Offerings

Ethena Foundation, the steward of the synthetic dollar protocol, has raised $100 million through a private sale of its native governance token, ENA. The previously undisclosed transaction, completed in December, attracted investments from major firms, including Franklin Templeton, Polychain, Pantera, Dragonfly, and Fidelity's venture capital arm, F-Prime, according

Doodles NFT Trading Volume Surges to $16M After Solana Memecoin Announcement

Doodles NFT Trading Volume Surges to $16M After Solana Memecoin Announcement

The Doodles NFT collection has experienced a significant spike in trading activity, hitting $16 million in weekly volume after announcing its Solana-based memecoin, $DOODS. This marks the second-largest weekly volume for the Ethereum-based NFT project, following a $24 million peak earlier this year when Pudgy Penguins launched its $PENGU token.

Blocklore Weekly: Bitcoin Holds Strong, Bybit $1.4B Hack Rocks Crypto, Altcoins Reassess

Blocklore Weekly: Bitcoin Holds Strong, Bybit $1.4B Hack Rocks Crypto, Altcoins Reassess

The cryptocurrency market experienced a turbulent week, marked by a significant hack on the Bybit exchange, continued Bitcoin dominance, and a notable shift in altcoin sentiment. While Bitcoin has largely traded sideways within a $93,000 to $99,000 range, the $1.4 billion Bybit hack – attributed to a sophisticated

Ye (Kanye West) to Launch YZY Cryptocurrency Amid Controversy

Ye (Kanye West) to Launch YZY Cryptocurrency Amid Controversy

Rapper and entrepreneur Kanye West, now known as Ye, is set to introduce a new cryptocurrency token named YZY. This move aims to establish YZY as the official currency for his Yeezy brand, allowing purchases directly on his website. Notably, 70% of the token’s supply will be allocated to

Pi Token Debuts with Extreme Volatility, Raising Market Questions

Pi Token Debuts with Extreme Volatility, Raising Market Questions

Pi Network, a mobile-based cryptocurrency project boasting 60 million users, launched its native PI token on Thursday, triggering a highly volatile trading session. The token’s price initially surged 18% before plummeting 50% within two hours, highlighting concerns about liquidity and market stability. The PI token debuted at $1.70

Saylor’s Strategy Raises $2 Billion in Convertible Bond Sale to Fuel Bitcoin Purchases

Saylor’s Strategy Raises $2 Billion in Convertible Bond Sale to Fuel Bitcoin Purchases

Strategy, the Bitcoin-focused investment firm led by Michael Saylor, has successfully raised $2 billion through a convertible debt offering, further bolstering its mission to expand its Bitcoin holdings. The proceeds from the bond sale will be used for strategic investments, including additional Bitcoin acquisitions, according to a Thursday statement. Convertible

Metaplanet Expands Bitcoin Holdings to 2,100 BTC with $6.6M Purchase

Metaplanet Expands Bitcoin Holdings to 2,100 BTC with $6.6M Purchase

Japanese investment firm Metaplanet has deepened its commitment to Bitcoin, acquiring an additional 68 BTC worth approximately $6.6 million, bringing its total holdings to 2,100 BTC, valued at around $203 million. The Tokyo-listed company disclosed the purchase on Thursday, stating it bought 68.59 BTC at an average

Tether Leads $10M Investment in MANSA to Boost Cross-Border Payments

Tether Leads $10M Investment in MANSA to Boost Cross-Border Payments

Tether, the company behind the world’s largest stablecoin USDT, has led a $10 million funding round for MANSA, a cross-border payments platform aiming to streamline international transactions through blockchain technology. The funding includes a $3 million pre-seed round, co-led by Polymorphic Capital, alongside contributions from Octerra Capital, Faculty Group,

Trump Reaffirms Plan to Make U.S. the ‘Crypto Capital’ Amid Bitcoin Surge

Trump Reaffirms Plan to Make U.S. the ‘Crypto Capital’ Amid Bitcoin Surge

U.S. President Donald Trump has doubled down on his commitment to establishing America as the global hub for cryptocurrency, linking Bitcoin's recent record highs to his administration’s pro-crypto policies. Speaking at the Future Investment Initiative Institute conference in Miami on Wednesday, Trump highlighted his vision: "