News

XRP Price Dip 14% as Web3Bay Presale Climbs Past $1.6M & SEI Network Surges

March 10, 2025 5 mins read

Is the current XRP Price Dip a sign of trouble or an unexpected opportunity? As SEI Network experiences a robust surge, with a 24% increase and rising on-chain activity, the broader crypto market remains a puzzle. The XRP Price has recently seen a 14% decline, raising eyebrows, but with the SEC’s recent openness to XRP ETFs, there’s more unfolding. Meanwhile, SEI Network is breaking new grounds and demonstrating its potential

FIFA to develop its own token

March 10, 2025 1 min read

FIFA President Gianni Infantino has suggested that FIFA might create its own cryptocurrency. This idea was shared after President Donald Trump’s Crypto Summit on March 7. Infantino expressed strong interest in developing a FIFA coin, aiming to connect with the 5 billion football fans worldwide. He stated, “If there is anyone here who wants to cooperate with FIFA, we are here with the United States, and we will conquer the

Bitcoin (BTC) back to $80K

March 10, 2025 1 min read

On another Sunday, the cryptocurrency market is experiencing a selloff. Bitcoin (BTC) is struggling and is close to its 2025 low of around $78,000. Bitcoin dropped to $80,000, a 7% decrease in the last 24 hours. It slightly recovered to $80,700 later. Other cryptocurrencies like Ether (ETH), Solana (SOL), and XRP also saw similar declines, while Cardano (ADA) and Dogecoin (DOGE) fell by nearly 12%. In a Fox News interview,

Standard Chartered proposes to fund US strategic Bitcoin reserve

March 9, 2025 2 mins read

Geoff Kendrick, who leads digital assets research at Standard Chartered, has suggested a way to finance the new U.S. Strategic Bitcoin Reserve (SBR) without increasing the budget. He proposes selling some of the U.S. gold reserves, which are worth about $760 billion, to buy Bitcoin. Kendrick believes this could be a budget-independent strategy. This idea follows President Donald Trump’s executive order that created the SBR and a Digital Asset Stockpile.

Former Binance CEO shares his thoughts on the emerging concept of tokenizing

March 9, 2025 1 min read

Changpeng Zhao, the former CEO of Binance, recently discussed a new idea about tokenizing the time of social media influencers. He hinted that YZi Labs might invest in a project that uses Binance Smart Chain (BSC) and Binance Coin (BNB) for payments. In a post on Binance Square, CZ brought back the concept of “time tokens.” These tokens would let influencers charge users for their time and interactions. Although earlier

The White House Official X account promotes Bitcoin

March 9, 2025 1 min read

A surprising post about Bitcoin was shared on the White House’s official X account on a Saturday night. The post declared, “America as the world’s Bitcoin superpower,” echoing a slogan from the Trump administration, “America’s golden age has begun.” It included a photo of former President Donald Trump signing the Bitcoin Strategic Reserve Executive Order alongside David Sacks, the US cryptocurrency and artificial intelligence chief. This unexpected post did not

David Sacks slams allegations of financial misconduct as slander and defamation

March 9, 2025 1 min read

David Sacks has responded to accusations that he manipulated crypto markets for personal gain. He called these claims baseless during an episode of The All-In Podcast. Sacks, who is involved with AI and crypto in the White House, faced serious allegations suggesting he inflated his crypto holdings. He emphasized that he sold all his crypto assets before joining the administration to avoid any conflict of interest. This included Bitcoin, Ethereum,

The OCC’s new guidelines allow U.S. banks to offer crypto and stablecoin services

March 9, 2025 2 mins read

The Office of the Comptroller of the Currency (OCC) has introduced new guidelines that allow national banks and federal savings associations to offer cryptocurrency custody and stablecoin services without needing prior approval. This change is significant for the cryptocurrency industry as it eases previous restrictions and allows banks to incorporate digital assets more easily. The new directive, called Interpretive Letter 1183, enables banks to operate under existing banking laws without

Hesitated on Ondo? That Regret Is Real—This Ongoing ICO Could Be Your Best Crypto to Buy This Month

March 8, 2025 6 mins read

How many times have you watched a cryptocurrency skyrocket and thought, “Why didn’t I buy in when it was cheap?” It’s a brutal feeling, seeing others celebrate their massive gains while you’re stuck on the sidelines, replaying the moment you hesitated. That’s exactly what happened with Ondo (ONDO). When it was still under the radar, only a handful of people saw its potential, grabbed their bags, and rode the wave

President Trump to sign stablecoin legislation before August

March 8, 2025 1 min read

President Donald Trump expressed his desire to have stablecoin legislation ready by August. He aims to reform how the federal government handles cryptocurrency. During a recent crypto summit at the White House, Trump endorsed lawmakers’ efforts to pass stablecoin bills and improve market structure. He emphasized the importance of maintaining the U.S. dollar’s strength. The summit attracted many crypto executives and federal officials, including Commerce Secretary Howard Lutnick and Treasury

Kraken exchange considers going public

March 8, 2025 1 min read

Kraken crypto exchange is considering going public with an initial public offering (IPO) in early 2026. This information was first reported by Bloomberg, based on sources close to the company. However, Kraken may change its plans. A spokesperson for Kraken mentioned that the company recently shared its financial highlights for 2024 to be more open about its business. They have a history of transparency, having been the first to publish

Nayib Bukele says the country “won’t stop” buying Bitcoin

March 8, 2025 1 min read

El Salvador’s president, Nayib Bukele, has rejected a new request from the International Monetary Fund (IMF) regarding the country’s Bitcoin purchases. He stated that El Salvador will continue to buy Bitcoin regardless of outside pressure. Bukele expressed his determination on social media, saying that the country’s Bitcoin strategy will not change, even after facing challenges and criticism. The IMF’s request is part of a $1.4 billion loan deal with El