As part of DOGE’s crusade to curb waste and fraud, Musk noted he found around 14 “magic money computers” that can print money out of thin air to make federal payments without any coordination, placing the problems of fiat currency in the spotlight. DOGE Head Elon Musk Discloses Existence of ‘Magic Money Computers’ Elon Musk, […] Source CryptoX Portal
On March 18, 2025, about 19.83 million bitcoins were circulating, and a substantial portion of these holdings now reside on established cryptocurrency platforms. To illustrate, Coinbase maintains 5.66% of the world’s circulating BTC. From Coinbase to Bybit: The Largest Bitcoin Stockpiles on Centralized Exchanges Cryptocurrency platforms serve as principal custodians of bitcoin ( BTC), and […] Source
Bitcoin Depot’s return to growth in 2025 appears to be underappreciated by the market, according to a report from Mike Colonnese, a crypto equity analyst at H.C. Wainwright & Co. Bitcoin Depot (NASDAQ: BTM), a provider of Bitcoin Depot kiosks with exposure in 48 states, announced fourth-quarter and full-year 2024 results on March 18. Total revenue of $573.7 million for the full year was down 17% year-over-year. Adjusted EBITDA for the year also fell by 31% to $38.7 million. The decline reflects BTM’s strategic decision to relocate underperforming kiosks to…
At the start of the week, Bitcoin (BTC) price succumbed to pressure from sellers, declining from $84,500 on March 17, to $81,300 at the time of writing. This downward movement was most likely a sell-off related to the Federal Open Market Committee’s (FOMC) two-day meeting, which takes place on March 18-19. Federal Open Market Committee (FOMC) meetings tend to act as market resets. Each time the FOMC meets to deliberate on US monetary policy, crypto markets brace for impact. Historically, traders de-risk and reduce leverage ahead of the announcement, and…
After a couple of sessions of good vibes, risk markets headed back into retreat on Tuesday, one day ahead of the results of this week’s U.S. Federal Reserve policy meeting. Bitcoin was trading at $81,300 at press time, lower by 3.5% over the past 24 hours. Solana (SOL), ether (ETH) and XRP were posting modestly higher losses. A bit more than an hour before the close of trade, the Nasdaq was down 1.7% and S&P 500 1.1%. The Federal Open Market Committee began its two-day policy meeting today, with results…
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. XRP remains in a holding pattern, according to the latest chart analysis shared by crypto analyst @CasiTrades. Despite a relatively subdued weekend, XRP continues to trade above critical support…
Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, said comprehensive stablecoin legislation is expected to be finalized in the coming months, underscoring the government’s urgency to maintain the US dollar’s dominance in onchain activity. Speaking at the Digital Asset Summit in New York on March 18, Hines said stablecoin legislation is “imminent” following the Senate Banking Committee’s approval of the GENIUS Act last week. The GENIUS Act, which is an acronym for Guiding and Establishing National Innovation for US Stablecoins, establishes collateralization guidelines for…
Binance CEO Richard Teng denied reports that Binance.US was in deal talks with entities affiliated with US President Donald Trump during a March 18 panel at Blockworks’ 2025 Digital Asset Summit in New York. Teng’s statement reiterated the position taken by Binance’s founder, Changpeng “CZ” Zhao, and Trump, both of whom denied the story last week. On March 13, The Wall Street Journal reported that Binance.US, an independently-operated US cryptocurrency exchange, was discussing selling an equity interest to Trump-affiliated business entities, including a possible deal with World Liberty Financial, the…
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. Ethereum is currently consolidating below the $2,000 mark, trading within a narrow range between $1,800 and $1,900 as market uncertainty persists. Bulls have lost control, and speculation about a…
Crypto.com has greenlit the controversial re-minting of 70 billion CRO tokens, overriding widespread community opposition with a last-minute surge in validator votes controlled by the exchange. Crypto.com Re-Mints 70 Billion CRO Tokens After Last-Minute Vote Surge Crypto.com has pushed forward a highly contentious proposal to re-mint 70 billion CRO tokens, previously burned in 2021, despite […] Source BitcoincryptoexchangeExchanges CryptoX Portal