BTC

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,

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

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

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

Wirex expands into the US, enabling stablecoin payments via

March 6, 2025 1 min read

Wirex, a popular stablecoin payment app, has recently entered the US market. This allows American users to make payments using stablecoins through Visa. With a partnership with Bridge, users can pay directly from their non-custodial wallets. They can use cards and bank transfers without losing control of their assets. This expansion meets the rising demand for stablecoin payments as more people want to use digital assets in their daily lives.

Mt. Gox transfers 12,000 Bitcoin valued over $1 billion after months of silence

March 6, 2025 1 min read

A wallet linked to Mt. Gox, a now-defunct cryptocurrency exchange, recently transferred 12,000 Bitcoin, valued at over $1 billion, to an unknown address. This transfer occurred as Bitcoin’s price rose to around $90,000. Earlier, the same wallet moved 166,505 Bitcoin, worth about $15 million, to a cold wallet. These transactions ended a long period of inactivity, following a significant transfer of $172 million in Bitcoin last December. The wallet still

President Donald Trump set to introduce a strategic Bitcoin reserve

March 6, 2025 1 min read

President Donald Trump is set to announce plans for a strategic Bitcoin reserve at the White House Crypto Summit this Friday. Commerce Secretary Howard Lutnick shared this news, stating that the initiative aims to make the US a leader in digital assets and blockchain technology. Lutnick emphasized that Trump sees a Bitcoin reserve as essential for America’s financial future. He mentioned that the President has been interested in this idea

Vietnam’s Prime Minister urges a proposal for a legal framework on digital currencies

March 5, 2025 2 mins read

Vietnam’s Prime Minister, Pham Minh Chinh, has asked for a proposal to create a legal framework for digital currencies by March. The Ministry of Finance (MOF) and the State Bank of Vietnam (SBV) will work on this proposal to manage digital assets and crypto. This step is part of a larger plan to boost national growth and economic stability. Vietnam is currently 7th in the world for cryptocurrency ownership, according

Bybit Joins Industry Leaders to Advance SME Cross-Border Payments at Inclusive FinTech Forum

March 4, 2025 3 mins read

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, was represented at the Inclusive FinTech Forum, the global platform for financial inclusion and fintech for good. Chief Legal & Compliance Officer Robert MacDonald joined leading industry figures as a featured speaker in the “Driving Inclusive Access for SME Cross-Border Currency Flows” roundtable, held at the Kigali International Financial Centre (KIFC). The session explored how small and medium-sized enterprises (SMEs) can better