Day: March 24, 2025

SEC acting chair voted against suing Elon Musk over Twitter stock disclosure

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The acting chair of the United States Securities and Exchange Commission has reportedly voted against the agency suing Elon Musk over the billionaire’s alleged securities violations concerning the disclosure of Twitter stocks.  Citing anonymous sources, Reuters reported on March 24 that the SEC’s five commissioners conducted a vote on whether to sue Musk or not before the agency filed its lawsuit against the billionaire.  Four commissioners voted in favor, while the lone dissent came from Mark Uyeda, who was appointed acting chair by US President Donald Trump on Jan. 20.…

Best Presales to Buy as BlackRock’s ETH Holdings Cross $1B

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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. Ethereum is currently in a major support zone. It’s trading around the $2K level, which happens to be the bottom of a prominent trendline. The last two times $ETH…

1inch fund sells Ethereum and Wrapped Bitcoin holdings amid market rebound

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1inch’s investment fund is offloading portions of its crypto holdings despite a recent market rebound, signaling a strategic effort to cut losses and hedge against further potential downside. According on-chain monitoring X account EmberCN, the 1inch team’s investment fund recently sold 37.9 Wrapped Bitcoin (WBTC) at $86,578 each, totaling about $3.28 million, and 511 Ethereum (ETH) at $2,072 each, amounting to around $1.05 million. EmberCN revealed that from Feb. 2 to March 10, the fund spent a total of $44.22 million on WBTC, ETH, and 1INCH. This included purchasing 11,198…

Solana Next Major Move? SOL’s Renewed Uptrend Smashes Through $137

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

Former Bittrex Execs Raise $40M in BTC to Back Barbados-Licensed Insurance Firm

Tabit Insurance, a Barbados-regulated insurance company established by former executives from the now-shuttered cryptocurrency exchange Bittrex, said it raised a $40 million reserve composed entirely of bitcoin (BTC) with which to write traditional insurance and reinsurance business. The insurer, which emerged in January of this year with plans to offer bitcoin-backed liability policies for company directors and officers (D&O), claims to be the first regulated risk carrier to rely on bitcoin-only reserves to write traditional policies priced in U.S. dollars. The firm has a class 2 insurance license from the…

Michael Saylor’s Strategy acquires 6,911 Bitcoin, now holds over 506,000 BTC

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Strategy has expanded its Bitcoin holdings with a $584 million purchase, bringing its treasury to over 506,000 BTC. Business analytics public company Strategy (formerly MicroStrategy) has acquired 6,911 Bitcoin (BTC), bringing its total BTC holdings at over 500,000 BTC. In an X post on March 24, Strategy’s founder Michael Saylor revealed that the company bought 6,911 BTC for $584.1 million last week. $MSTR has acquired 6,911 BTC for ~$584.1 million at ~$84,529 per bitcoin and has achieved BTC Yield of 7.7% YTD 2025. As of 3/23/2025, @Strategy holds 506,137 BTC…

Arthur Hayes Predicts Bitcoin Rally to $110,000 but There’s Catch

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Key Notes According to Arthur Hayes, the Bitcoin price might soar to a new ATH of $110,000. With inflationary pressures ahead, macroeconomic policies like Quantitative Easing (QE) may impact BTC. In the long term, Arthur Hayes sees BTC prices falling as low as $76,500. In a major development, market data shows that Bitcoin BTC $87 333 24h volatility: 3.1% Market cap: $1.73 T Vol. 24h: $23.27 B is pushing toward a significant price rally. BitMEX founder Arthur Hayes believes the coin will jump to $110,000 before returning to $76,500. His…

Bitcoin ‘more likely’ to hit $110K before $76.5K — Arthur Hayes

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Bitcoin could reach a new all-time high of $110,000 before any significant retracement, according to some market analysts, who cite easing inflation and rising global liquidity as key factors supporting the price rally. Bitcoin (BTC) has been rising for two consecutive weeks, achieving a bullish weekly close just above $86,000 on March 23, TradingView data shows. Combined with fading inflation-related concerns, this may set the stage for Bitcoin’s rally to the $110,000 all-time high, according to Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom. BTC/USD, 1-week chart.…