Day: March 10, 2025

Unichain, Berachain lead blockchain growth in past month — Nansen

Uniswap’s newly launched Ethereum layer-2 network, Unichain, was the fastest-growing blockchain in its debut month, according to blockchain data firm Nansen. Unichain, which launched its mainnet on Feb. 11, saw 236,452 active addresses in its first month, according to blockchain analytics firm Nansen. While impressive for a new network, Unichain’s user base remains small compared to Solana’s 112 million total users and the roughly 19 million active users on Base and BNB Chain. Berachain has more active addresses, but Unichain’s DEX volume dominates. Source: Nansen However, Unichain has already emerged…

Crypto firms spent $134M on 2024 US elections, raising influence concerns

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Cryptocurrency companies spent more than $134 million on the 2024 US elections, fueling concerns about their growing political influence and potential risks to regulatory stability, according to a report by the Center for Political Accountability (CPA). The growing connection of crypto firms with US politics is raising newfound concerns for regulators, investors and the wider financial system, according to a report released by the Center for Political Accountability (CPA). Cryptocurrency firms shelled out a cumulative $134 million on the 2024 US elections in “unchecked political spending,” which presents some critical…

Bitcoin Could Rally Above ATH To $128K – On-Chain Indicator Signals Potential Recovery

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin (BTC) continues to face massive selling pressure, with prices dropping below the $85,000 mark, marking a 12% decline since last Friday. The recent downturn has fueled panic selling…

HIVE Digital shares rise as Bitcoin reserves grow 23% YoY

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Shares of HIVE Digital jumped following the company’s announcement of a 23% year-over-year rise in Bitcoin reserves. Canadian crypto mining company HIVE Digital has released its February production results, revealing that its Bitcoin (BTC) holdings increased by more than 20% year-over-year. In a March 9 press release, the Vancouver-headquartered company said it had mined 89 BTC, increasing its HODL portfolio to 2,620 BTC, valued at around $220 million. While the company’s Bitcoin holdings increased by 23% YoY, its month-over-month crypto holdings saw a decline, though HIVE Digital didn’t disclose the…

Is XRP price going to crash again?

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XRP (XRP) price has recovered from its low of $1.94 reached on Feb. 28, but it’s still trading below a key resistance zone. Will XRP’s price drop further in the coming days? XRP/USD daily chart. Source: Cointelegraph/TradingView XRP price must hold above $2.00 Today’s drop in XRP price is part of a correction that began on March 3 that saw the relative strength index (RSI) fall sharply following XRP’s drop from $3.00. Key levels to watch: XRP bulls are focused on defending the psychological support at $2.00. This level has…

BBVA gets regulatory nod to offer Bitcoin and Ether trading in Spain

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Banco Bilbao Vizcaya Argentaria (BBVA) announced on March 10 that it had received the nod from Spain’s securities regulator, the Comisión Nacional del Mercado de Valores (CNMV), to offer Bitcoin (BTC) and Ether (ETH) trading services to its customers.  Spain’s second-largest bank’s crypto offerings in Spain will enable users to buy, sell and manage digital assets through its mobile app. The lender said it will use its own cryptographic key custody platform to maintain full control over customer holdings without third-party involvement.  Initially, the rollout will be limited to a…

BBVA brings Bitcoin and Ethereum trading service for Spanish customers

Spanish bank BBVA is launching a crypto trading service, enabling customers in Spain to buy, sell, and manage Bitcoin and Ethereum via its app. The second-largest Spanish financial institution by volume of assets, BBVA, is set to roll out a new crypto trading service in Spain, allowing customers to buy and manage the two largest cryptocurrencies by market capitalization, Bitcoin (BTC) and Ethereum (ETH). In a March 10 press release, the banking giant said that the service will first be available to a small group of users before expanding to…

Bitcoin Plays Chicken With Central Banks As Dollar Falls: Expert

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin’s price endured another bout of volatility over the weekend, shedding 5% on Sunday to dip below the $80,000 mark, before settling near $82,000. This latest decline places the…