Day: March 20, 2025

Swiss Central Bank rejects Bitcoin for reserves, citing volatility: report

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Swiss National Bank Governor Martin Schlegel reaffirmed the central bank’s position against incorporating Bitcoin or other digital assets into its foreign exchange reserves.  Schlegel expressed concerns to Bloomberg regarding Bitcoin’s (BTC) high volatility, instability, and the regulatory challenges associated with cryptocurrencies. These factors were cited as the main reasons for his position.  He highlighted that the Swiss National Bank’s reserves are meant to support monetary policy, and he noted that digital assets do not align with this goal. This position is consistent with Schlegel’s earlier remarks. In a November 2024…

The Fed Blinked — The Bitcoin Bull Run Return Is Now Inevitable

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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. On Wednesday, the US Federal Reserve decided to leave its benchmark interest rate unchanged in the 4.25%–4.5% range – and Bitcoin reacted instantly. The pause, while widely anticipated, came…

Lazarus Group sends $3.76m worth of Bitcoin to five unknown address

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North Korean hacker group, Lazarus Group, was seen sending Bitcoin to multiple unknown addresses, bringing their total holdings down to 13,441 BTC, according to on-chain data. According to data from Arkham Intelligence, the North Korean hacker group’s Bitcoin (BTC) holdings are now worth around $1.15 billion after the mass transfers. On March 20 at around 9:18 AM UTC, the wallet sent 12.929 BTC or equal to $1.12 million to an unknown wallet address. Following the 12.929 BTC transfer, the wallet continued to send Bitcoin to four other wallet addresses. Two…

South Korean Prosecutors Raid Bithumb Over Allegations of Ex-CEO Embezzling Funds From Exchange

Prosecutors in South Korea have launched an investigation into Bithumb, one of the country’s largest cryptocurrency exchanges, over claims that company funds were improperly used to assist a former executive in purchasing an apartment. Officials from the Seoul Southern District Prosecutors’ Office raided Bithumb’s headquarters in Yeoksam-dong and other locations on Wednesday., according to local media report. Wu Blockchain reported that some projects had paid up to $10 million in fees to list their tokens on Upbit and Bithumb. The probe focuses on allegations that Bithumb provided a 3 billion…

Only One Top 10 Crypto Exchange Resisted Bitcoin’s 30% Price Drop

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BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya 🎙️ BitMart’s Strategy & Growth: Key Takeaways from the Podcast In this insightful conversation, Ksenia, Growth Lead at BitMart, shares her perspective on BitMart’s strategy, the latest crypto trends, and the exchange’s expansion efforts. Here are…

Why is Solana (SOL) price up today?

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Solana (SOL) price is up today, buoyed by a significant recovery in the broader cryptocurrency market. Data from Cointelegraph Markets Pro and TradingView shows SOL’s price is trading at around $134, up more than 6% in the last 24 hours. Solana price has rebounded roughly 20% from its local low of around $112 reached on March 11. SOL/USD daily chart. Source: Cointelegraph/TradingView Several factors driving the SOL price up today, including: SOL price rally comes following the launch of the first Solana futures ETF. Approximately $18 million in shorts were…

Sei’s Role in the Evolving Landscape of Blockchain and Traditional Finance

Peter Zhang Mar 20, 2025 11:35 Sei’s infrastructure gains prominence as regulatory clarity in the US enables traditional financial institutions to embrace blockchain, enhancing compliance and innovative financial products. As regulatory frameworks gain clarity in the United States, the landscape for blockchain technology in traditional financial markets is set for transformation. This shift is particularly beneficial for Sei, a blockchain infrastructure platform, as it provides a robust foundation for financial institutions and Real World Asset (RWA) issuers to adopt digital asset markets…

$1 Dogecoin? Whale Accumulation Suggests A Rebound—Analyst

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Crypto analysts predicted that Dogecoin could still reverse its current downward trend and propel itself to hit $1 per coin, a forecast that might increase investors’ optimism about the popular meme coin. Market experts said that Elon Musk’s favorite meme coin can bank on the increasing whale activity and a positive outlook from the Stochastic RSI analysis showing a potential upward price trajectory. Optimism On The DOGE Dogecoin might not have been spared by the bearish market condition affecting the broader cryptocurrency space but despite the memecoin’s facing several short-term…

Swyftx Acquires Easy Crypto, Forms Australasia’s Second-Largest Exchange

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Australian cryptocurrency exchange Swyftx has acquired New Zealand’s Easy Crypto, aiming to create the second-largest crypto exchange in Australasia. Growing Trend Towards Mergers and Acquisitions The Australian cryptocurrency exchange Swyftx has reportedly acquired one of New Zealand’s top crypto exchanges, Easy Crypto, for an undisclosed sum. The acquisition is expected to create the Australasia region’s […] Source