Day: March 13, 2025

Turkey tightens crypto regulations with new rules for exchanges, custodians

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Turkey is advancing its cryptocurrency regulations with new rules for crypto asset service providers (CASPs). On March 13, the Capital Markets Board (CMB) of Turkey published two regulatory documents related to the licensing and operations of CASPs, including crypto exchanges, custodians and wallet service providers. The framework grants the CMB full oversight of crypto platforms, ensuring compliance with national and international standards. An excerpt from the title page of the CASP regulation document by the CMB. Source: Official Gazette It also sets standards and requirements for establishing and providing crypto…

Bitcoin Investors Shift To Strong Distribution As Demand Fades, Glassnode Reveals

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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. The on-chain analytics firm Glassnode has revealed in a report how the Bitcoin investors have seen a shift toward strong distirbution recently. Bitcoin Accumulation Trend Score Has Been At…

Six of Trump’s cabinet members disclose Bitcoin assets worth a total of millions

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At least half a dozen Trump cabinet members hold Bitcoin investments with a combined total worth reaching millions, according to the latest financial disclosures. At least six out of the 22 members of President Donald Trump’s cabinet members hold Bitcoin (BTC) assets in crypto wallets or indirect holdings through investment vehicles such as crypto-backed exchange-traded funds. The information was compiled from the public officials’ financial disclosures dated December 2024 and January 2025, which are made available to the public. According to his public financial disclosure report, Health and Human Services…

Hemi Launches Mainnet With $440M TVL, Unifying Bitcoin and Ethereum in a New DeFi Supernetwork

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Hemi has launched its mainnet, positioning itself as a significant player in the decentralized finance (DeFi) space by securing over $440 million in total value locked (TVL) and partnering with more than 50 ecosystem protocols. Founded by early Bitcoin developer Jeff Garzik, Hemi aims to unify Bitcoin and Ethereum into a single supernetwork, enhancing scalability, […] Original

Lawyer Requests Interpol Red Notice For Libra Founder Hayden Davis: Report

A lawyer in Argentina has requested an international arrest order for Hayden Davis, the founder of memecoin LIBRA, Buenos Aires newspaper Pagina 12 reported on Thursday. Attorney Gregorio Dalbon raised the procedural risk of U.S. citizen Davis remaining at large and of his financial resources allowing him to stay in hiding, according to the report. The lawyer therefore requested that “the international arrest of Davis be ordered and that an Interpol red notice be issued in order to locate and arrest him, with a view to his extradition,” in a…

USDC, USDt stablecoins are ‘store of value’ in Latin America — Bitso

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Stablecoin adoption in Latin America is increasing as more users turn to Circle’s USDC and Tether’s USDT for financial stability, according to a new report from cryptocurrency exchange Bitso. The USDC (USDC) and USDt (USDT) stablecoins have become a “store of value” in Latin America, accounting for 39% of total purchases on Bitso in 2024, the firm said in its third edition of the Latin America Crypto Landscape report issued on March 12. The report highlighted a significant increase in stablecoin adoption on the platform, with total stablecoin purchases surging…

Kaia (KAIA): A High-Performance Blockchain with EVM Compatibility

Timothy Morano Mar 13, 2025 09:56 Explore Kaia (KAIA), a blockchain offering high transaction speeds and low costs through a Byzantine Fault Tolerant consensus, designed for enterprise-grade reliability and Ethereum compatibility. Kaia, a public blockchain network, is gaining attention for its performance and enterprise-grade reliability. Utilizing a Byzantine Fault Tolerant (BFT) consensus mechanism, Kaia prioritizes instant transaction finality and can process up to 4,000 transactions per second. These features position it as a competitive alternative to established blockchain ecosystems, according to blog.bitfinex.com.…

Will Bitcoin price reclaim $95K before the end of March?

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Bitcoin’s price was up 3% after constant drawdowns since the end of January. The top cryptocurrency managed to rebound above $80,000 after a brief decline below the range on March 11. Bitcoin weekly chart. Source: Cointelegraph/TradingView After the US core Consumer Price Index (CPI) came in lower than expected at 3.1% on March 12, Bitcoin’s market structure now sees the possibility of a quick bullish turnaround. Bitcoin liquidity clusters at $84K-$85K After Bitcoin’s (BTC) price tumbled on March 9, it rebounded to test the overhead resistance zone between $84,000 and…

Bybit CEO reacts to Hyperliquid ETH liquidation, questions DEXs guardrails

Bybit CEO Ben Zhou shares his thoughts on the massive Hyperliquid ETH whale liquidation which led to the platform losing $4 million. He highlights issues that come with leverage on CEXs and DEXs. In a recent post, Zhou explained how the whale was able to pull off an enormous liquidation with a long position of 175,000 ETH (ETH) (valued around $340 million) with 50x leverage without triggering a market crash. He said the whale was able to make a “quick and clean” exit while letting Hyperliquid take the fall. “Why…