Day: March 6, 2025

TransCrypts Wins Pitchfest at Consensus Hong Kong

Four and half years ago, when Zain Zaidi was applying to grad school, he submitted his academic transcripts. But, through an administrative error, the documents were lost, and he almost lost his place. Understanding how someone’s life could be altered by not being able to prove something like an academic credential, Zaidi set out to try and make it easier. Instead of going to grad school, Zaidi started TransCrypts, which helps companies verify employment information. The blockchain-powered startup recently won CoinDesk’s Pitchfest at Consensus Hong Kong. Zaidi says if we’re…

Cryptocurrency Law Project Reintroduced in Colombia

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The initiative seeks to bring clarity to the cryptocurrency industry in Colombia, which is currently in a gray area despite growing adoption. Proponents of the project have remarked on the need to define an institution to oversee these activities and establish rules for institutions to follow. Congress Seeks to Give Legal Status to Cryptocurrency Assets […] Source

Trump may sign Bitcoin reserve executive order at crypto summit: Report

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US President Donald Trump could reportedly sign an executive order to create a Bitcoin reserve during the White House Crypto Summit on March 7. Such a reserve would be expected to buy more Bitcoin (BTC), in comparison to the US hanging on to the BTC it already owns through criminal seizures, Bloomberg reported on March 6, citing people familiar with the matter. However, a range of options for what could be several crypto-related executive actions are still being considered. Trump could also announce that the US will stop selling crypto…

XRP Price Ready To Bounce Back Above $3 If Bulls Can Hold This Level

Este artículo también está disponible en español. The XRP price is getting ready to surge to new highs as bulls attempt to hold a critical resistance level. Recently, the cryptocurrency experienced a major breakdown as market downside pressure increased. If it can break above its descending resistance, analysts believe it could bounce back above $3 soon. XRP Price Set To Skyrocket Above $3 A Pseudonymous TradingView crypto analyst known as “MyCryptoParadise” has outlined XRP’s future price trajectory, predicting a surge toward $3.3 for the popular cryptocurrency. The analyst shared a…

Report: Belarus Eyes Cryptocurrency Mining to Harness Nuclear Surplus

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Belarus is reportedly exploring cryptocurrency mining using surplus nuclear energy, following economic strategies pioneered by nations like Bhutan, according to a report by the Belarusian Telegraph Agency (BelTA). Surplus Electricity Could Fuel Belarusian Crypto Boom President Alexander Lukashenko has directed officials to explore cryptocurrency mining as a means to utilize the country’s surplus electricity, generated […] Source

Brazilian Soccer Legend Ronaldinho Launches STAR10 Token

Ronaldinho states that STAR10, a token named after his jersey number in soccer, is his new and official token, set to be launched on the BNB Chain. He has been involved in several crypto endeavors before and has even been questioned about his role in an alleged pyramid scheme that used his image for promotion. […] Source CryptoX Portal

Mystery celeb memecoin scam factory, HK firm dumps Bitcoin: Asia Express

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Rumored Shenzhen celeb memecoin factory A mysterious memecoin factory in Shenzhen is rumored to be behind a wave of memecoin scams, allegedly launching over a dozen tokens a month. Brazilian football legend Ronaldinho Gaúcho has been swept into the controversy on Chinese social media. On March 3, Ronaldinho announced the launch of his own memecoin on BNB Chain. Within hours, it skyrocketed to a peak market cap of $30 million, only to come crashing down to around $3.7 million, according to CoinGecko data. Ronaldinho’s X account posts video of the…

Crypto voters could swing New Jersey gubernatorial race

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The digital asset advocacy organization Stand With Crypto has released data suggesting that the crypto policy positions of candidates in the 2025 New Jersey gubernatorial race could determine the outcome.  According to a March 6 notice, Stand With Crypto said roughly 62,000 people had registered with the organization in New Jersey, suggesting that crypto-minded voters could play a role in the state’s November gubernatorial election. During the last race in 2021, Democrat Phil Murphy defeated challenger Jack Ciattarelli by roughly 84,000 votes, with more than 40% of registered voters turning…

Core Scientific shares drop 18% as Microsoft cuts some CoreWeave deals

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Shares of Bitcoin miner Core Scientific (CORZ) fell 18% on March 6 after reports that Microsoft reduced its commitment to CoreWeave, Core Scientific’s partner. According to the report, CoreWeave missed deadlines and had issues delivering materials needed to scale artificial intelligence models. CoreWeave’s initial public offering filing, dated March 3, says Microsoft is its largest customer, accounting for 35% of revenue in 2023 and 62% in 2024. According to the report, Microsoft still retains some of its contracts with CoreWeave, while CoreWeave denied that any contracts had been canceled. Core…

Sell All Your Dogecoin If This Happens, Says Crypto Analyst

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Este artículo también está disponible en español. Crypto analyst Charting Guy (@ChartingGuy) has issued a cautionary note on Dogecoin, suggesting he will sell the meme coin if certain Fibonacci retracement levels fail to break in the coming months. His statement arrives at a time when Dogecoin (DOGE) is trading around $0.20, according to the shared weekly chart on TradingView, showing a steep –14.94% weekly change. When To Sell Dogecoin? In the attached chart, a series of key Fibonacci retracements run from 0.0 up to 1.618 at approximately $4.13. Notable lines…