North Korean-affiliated hacking collective the Lazarus Group has been moving crypto assets using mixers following a string of high-profile hacks. On March 13, blockchain security firm CertiK alerted its X followers that it had detected a deposit of 400 ETH (ETH) worth around $750,000 to the Tornado Cash mixing service. “The fund traces to the Lazarus group’s activity on the Bitcoin network,” it noted. The North Korean hacking group was responsible for the massive Bybit exchange hack that resulted in the theft of $1.4 billion worth of crypto assets on…
Day: March 13, 2025
Solana (SOL) Faces Many Challenges—Can Bulls Hold the Line?
Solana started a recovery wave above the $120 resistance zone. SOL price is now consolidating and might struggle to recover above the $132 resistance. SOL price started a fresh decline below the $150 and $140 levels against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a short-term rising channel forming with support at $124 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $132 zone.…
Bitcoin Shows Signs of Recovery—Is the Whale Sell-Off Finally Over?
Bitcoin has continued its downward trajectory when observed over weekly and monthly timeframes, recording an 8.4% decline in the past week and a 16.2% drop over the past month. However, in the shorter time frame, signs of potential reversal are emerging. Over the past 24 hours, Bitcoin has seen a slight recovery, with its price rising to $81,647. This shift has led analysts to closely examine whale activity and exchange trends to determine whether the correction phase may be nearing an end. Binance’s Whale Activity and Its Impact on Bitcoin’s…
Nebraska governor signs bill to regulate crypto ATMs, citing growing fraud
The governor of Nebraska, Jim Pillen, has signed legislation to protect against cryptocurrency fraud as crypto ATM crime skyrockets in the United States. “Cryptocurrency is an important, emerging industry, and we’ve been working hard to build Nebraska into a cryptocurrency leader,” said Governor Pillen on March 12 following the signing of the bill. “An important part of these efforts is to make sure that we have guardrails to prevent criminals from taking advantage of Nebraskans,” he added. The bipartisan legislation establishes the “Controllable Electronic Record Fraud Prevention Act,” which is…
XRP Bulls Ready to Charge—Upside Break May Spark Rally
XRP price started a fresh recovery wave above the $2.00 zone. The price is now showing positive signs and might clear the $2.250 resistance zone. XRP price started a fresh recovery wave above the $2.120 resistance zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming with support at $2.188 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move up if it clears the $2.250 resistance zone. XRP Price…
Nebraska Enforces New Crypto ATM Rules to Protect Consumers
Nebraska has enacted a new law requiring cryptocurrency ATM operators to obtain licenses, disclose fees, implement anti-fraud measures, and submit reports, strengthening consumer protections against crypto-related fraud. Nebraska’s Law Introduces Licensing and Transparency for Crypto ATMs Nebraska Governor Jim Pillen’s office announced on March 12 that the governor has signed Legislative Bill 609 (LB609) into […] Source CryptoX Portal
Bitcoin stalls despite low US CPI as trade war fears grow
The latest U.S. inflation data came in lower than expected, but Bitcoin struggled to maintain gains as trade war concerns weighed on sentiment. According to the economic latest data released on Mar. 12, February’s Consumer Price Index rose 2.8%, below the 2.9% forecast. Core CPI, which excludes food and energy, dropped to 3.1%, slightly better than the expected 3.2%. Markets responded by increasing bets on Federal Reserve rate cuts. Traders now price in a 31.4% chance of a cut in May, up from just 9% last month. The probability of…
Traders could be prepping to buy as USDT activity hits 6-month high
Onchain activity for Tether has hit a sixth-month high, possibly indicating traders are gearing up to jump back into the market, according to analysts. Data shared by the blockchain data platform Santiment in a March 12 X post shows Tether’s (USDT) onchain activity has been on the rise, peaking with over 143,000 wallets making transfers on March 11, the highest in six months. “When USDT & other stablecoin activity spikes during price drops, traders are preparing to buy. Added buy pressure aids in crypto prices recovering,” Santiment said. Onchain activity…
TRUMP Token Takedown—Did Insiders Plan the Crash?
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 official TRUMP token, designed to commemorate US President Donald Trump’s second presidency, was an instant hit upon launch. The token surged from less than $10 on January 18th…
Ethereum Price Hits Resistance—Will The Recovery Stall Here?
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. Ethereum price started a recovery wave from the $1,750 zone. ETH is now consolidating and facing hurdles near the $1,920 resistance. Ethereum started a recovery wave above the $1,850 level. The price…