Bitcoin Sinks Amid Profit-Taking After FOMC Rally, Options Traders Still Eye $100K

Bitcoin (BTC) and other major tokens lost more than 3% as Thursday’s rally was met with profit-taking during Asian morning hours Friday — in line with expectations. Overall crypto market capitalization fell 3.2% in the past 24 hours, with BTC sliding from $86,000 to under $84,000, ether (ETH) dropping below $2,000 and Solana’s SOL falling … Read more

XRP price chart hints at 75% gains next as SEC ends lawsuit against Ripple

XRP (XRP) price has recovered by almost 30% in the last two weeks, led by a crypto market rebound, and Ripple’s long-running legal battle against the US Securities and Exchange Commission (SEC) comes to an end. XRP/USD daily price chart. Source: TradingView The cryptocurrency’s rebound is also occurring inside the confines of a classic bullish … Read more

South Korea eyes KuCoin, BitMEX in crypto exchange crackdown

South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator.  On March 21, local media Hankyung reported that the Financial Intelligence Unit (FIU) of the Financial Services Commission is considering sanctions against crypto exchanges for allegedly operating in the … Read more

Australia Proposes New Crypto Regulation Structure, Plans to Integrate Digital Assets Into the Economy

The Australian Government announced an ambitious whole-of-government approach to regulating and integrating digital assets into the broader economy, inspired by work done in the European Union (EU) and Singapore. In a white paper published by the Australian Treasury, the country’s government says it will embrace tokenization, real-world assets (RWAs), and central bank digital currencies (CBDCs) … Read more

Australia outlines crypto regulation plan, promises action on debanking

Australia’s government, under its ruling center-left Labor Party, has proposed a new crypto framework regulating exchanges under existing financial services laws and has promised to tackle debanking. It comes ahead of a federal election slated to be held on or before May 17, which current polling shows is shaping up to a dead heat between … Read more

Trump’s crypto czar meets UAE’s national security adviser on crypto, AI

White House crypto and AI czar David Sacks was among a number of Trump administration officials who recently met with United Arab Emirates officials to discuss emerging technologies and UAE’s potential plans to increase its investment in the United States.  Sheikh Tahnoon Bin Zayed Al Nahyan, the Gulf nation’s national security adviser and brother of … Read more

North Korea-Linked Lazarus Group Holds More Bitcoin Than Elon Musk’s Tesla

The Lazarus Group, a hacking group closely associated with North Korean, holds more bitcoin (BTC) than Tesla (TSLA), the electric car manufacturer led by Elon Musk, according to data from Arkham Intelligence. At press time, Lazarus held 13,441 BTC worth $1.14 billion, according to data source Arkham Intelligence. That’s 16% more than Tesla’s bitcoin stash … Read more

ETH mega pump coming? Ether on exchanges falls to near-decade low

Ether’s supply on crypto exchanges has dropped to its lowest level since November 2015, leading some analysts to predict a major price rally despite recent bearish sentiment. “Ethereum’s holders have now brought the available supply on exchanges down to 8.97M, the lowest amount in nearly 10 years (November, 2015),” crypto analytics platform Santiment said in … Read more

Polymarket is 90% Accurate in Predicting World Events: Research

It turns out Polymarket is a crystal ball, which can predict certain events with nearly 90% accuracy, according to a Dune dashboard compiled by New York City-based data scientist Alex McCullough. McCullough studied Polymarket’s historical data and removed markets with probabilities above 90% or below 10% after outcomes were already known but not yet settled, … Read more

Bad news Bitcoin bulls, the long-hoped-for retail is already here: CryptoQuant

Bitcoin bulls who still think the cycle peak has yet to come as retail investors haven’t piled in yet might be using an outdated playbook, according to a crypto executive. “The idea that the cycle isn’t over just because onchain retail activity is absent needs reconsideration,” CryptoQuant founder and CEO Ki Young Ju said in … Read more

SMS scammers posing as Binance have an even trickier way to fool victims

Australian federal police have alerted over 130 people of a new text message scam aimed at crypto users that copies the same “sender ID” as legitimate crypto exchanges such as Binance.  The impersonation scam involves the fraudsters sending out messages through text and encrypted messaging platforms by impersonating a Binance representative, telling users of a … Read more