Bitcoin

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,

China imposes new tariffs on Canadian goods

March 9, 2025 1 min read

China has announced new tariffs on Canadian imports, escalating a trade dispute between the two countries. This decision is a response to earlier tariffs that Canada placed on Chinese goods. The new tariffs will start on March 20, 2025, and will include a 100% tariff on rapeseed oil, oil cakes, and peas, along with a 25% tariff on aquatic products and pork. The trade conflict began when Canada imposed tariffs

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.

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

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

Over $3 billion in Bitcoin and Ethereum options set to expire today

March 7, 2025 1 min read

Today, over $3 billion in Bitcoin and Ethereum options are set to expire, leading to expected market volatility. Bitcoin’s key “max pain” level is at $89,000, while Ethereum’s is at $2,300. The expiration of these options is causing significant price fluctuations. Bitcoin has about $2.5 billion in contracts expiring, and Ethereum has around $500 million. This event, happening at 8:00 UTC on Deribit, is likely to create wild movements in

Falcon Finance Enhances Asset Security with Fireblocks Off Exchange

March 7, 2025 3 mins read

Falcon Finance, the next-generation synthetic dollar protocol, today announced that it has integrated Fireblocks Off Exchange, significantly enhancing the security framework for all user assets. Unlike custodial solutions that transfer counterparty risk to centralised clearing parties, Fireblocks Off Exchange takes a technology-first approach, enabling Falcon Finance’s clients to mitigate all forms of exchange counterparty risk by programmatically locking funds in secure MPC-based shared wallets. All trading activities utilise mirrored positions

CoolWallet Strengthens Security with Enhanced Transaction Confirmation

March 7, 2025 2 mins read

Recent cyberattacks targeting multisig wallets have highlighted critical security gaps. Hackers have exploited transaction manipulation techniques, deceiving users into approving unauthorized transfers, leading to substantial asset losses. These incidents emphasize the urgent need for robust transaction verification mechanisms. To address this, CoolWallet by CoolBitX has introduced Transaction Confirmation Simulation, a new feature available for CoolWallet Pro, CoolWallet S, and CoolWallet HOT users. This function enables users to preview full on-chain asset movements

Singapore’s Interior Minister warns citizens against crypto due to rising scams

March 7, 2025 2 mins read

Singapore’s Interior Minister, Sun Xueling, has warned citizens to avoid cryptocurrencies due to increasing scams and fraud risks. During a budget hearing, she highlighted the rise in crypto-related fraud, which accounted for a quarter of the country’s total fraud losses last year. Sun expressed concern that victims often struggle to recover their lost money. This warning shows a shift in the government’s attitude towards crypto despite Singapore’s previous reputation as

President Trump signs an executive order to establish a Strategic Bitcoin Reserve

March 7, 2025 1 min read

President Donald Trump has signed an Executive Order to create a Strategic Bitcoin Reserve. This reserve will use Bitcoin obtained from federal criminal and civil asset forfeitures. David Sacks, who is in charge of AI and crypto for Trump, shared this news on X. The Executive Order comes just before the first-ever White House Crypto Summit, happening in less than two days. Reports say that Trump wants to keep Bitcoin

Bitcoin Reserve Bill SB21 Passes in Texas Senate

March 7, 2025 2 mins read

On March 6, 2025, the Texas Senate passed the Bitcoin Reserve Bill SB21. This bill allows Texas to hold Bitcoin as part of its financial reserves. It received strong support from lawmakers who favor cryptocurrency. This decision is a big step towards using digital assets in state finances. With SB21, Texas becomes a leader in Bitcoin adoption. The state can now invest some of its reserve funds in Bitcoin. This