The SEC has dropped its probe into Crypto.com without charges, as the company blasted past crackdowns and vowed aggressive global expansion backed by sweeping regulatory approval. Crypto.com Prevails in SEC Investigation, Vows Continued Regulatory Leadership Crypto.com announced on March 27 that the U.S. Securities and Exchange Commission (SEC) has formally ended its investigation into the […] Source
Velar has officially launched the world’s first decentralized perpetuals exchange built natively on Bitcoin. Velar, a DeFi infrastructure platform focused on building advanced trading products and user interfaces for Bitcoin-secured assets, said its new product marks a new chapter in Bitcoin (BTC)-based decentralized finance. Deployed on Stacks, a Bitcoin layer 2, the platform allows users to trade perpetual futures with leverage while maintaining full custody of their assets. The exchange is now live at perpdex.velar.com and opens with a trading pair of sBTC-USDh. USDh, developed by Hermetica, is the first…
The XRP (XRP) market is flashing warning signs as a bearish technical pattern emerges on its weekly chart, coinciding with macroeconomic pressures from anticipated US tariffs in April. XRP descending triangle pattern hints at 40% drop Since its late 2024 rally, the XRP price chart has been forming a potential triangle pattern on its weekly chart, characterized by a flat support level mixed with a downward-sloping resistance line. A descending triangle pattern forming after a strong uptrend is seen as a bearish reversal indicator. As a rule, the setup resolves…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Key Notes According to crypto market analyst Ali Martinez, the $125 level is a key support for the SOL token. Losing $125 puts the SOL token on a bearish path towards $105 and sub-$100 levels. If SOL reclaims the 20-day EMA and pushes above $160, the altcoin could hit $200 again . Like its peer XRP, Solana (SOL), the sixth-largest digital asset, is facing a “make it or break it” moment as technical indicators suggest a potential price crash of 16%, even as social media optimism around the asset reaches…
Key Notes Galaxy Digital is set to pay a $200 million settlement to the NYAG for allegedly LUNA token promotion. The firm is accused of misleading investors by hyping LUNA publicly while secretly selling millions of tokens for profit. The settlement, signed on March 24, requires Galaxy to pay the first $40 million installment within two weeks . Crypto investment giant Galaxy Digital Holdings Ltd (TSE: GLXY) has agreed to pay a $200 million settlement to the New York Attorney General’s Office (NYAG) over allegedly promoting the LUNA token. Galaxy…
Galaxy Digital (GLXY), the Mike Novogratz-led digital asset financial services firm, will pay $200 million as a settlement with the New York Attorney General’s (NYAG) office relating to the collapse of the Terra-Luna ecosystem in 2022. The firm will pay $200 million to the State of New York for matters relating to its investment, trading and public statements of LUNA, which collapsed in May 2022, wiping out around $60 billion in value, Galaxy announced on Friday. Galaxy disclosed the settlement as part of its latest earnings statement, which reported profit…
The United Arab Emirates expects its digital dirham central bank digital currency to roll out in the fourth quarter of 2025. According to a report in the Khaleej Times, Central Bank of the UAE Governor Khaled Mohamed Balama reportedly said that the blockchain-based currency could improve financial stability and help combat financial crime. According to the report, the retail sector could expect the issuance of a digital dirham in the last quarter of 2025. “It [digital dirham] will further enable the development of innovative digital products, services, and new business…
Crypto meets convenience as Wirex Travel debuts with hotel savings up to 65% and 8% cashback, merging digital payments with real-world travel rewards worldwide. Wirex Travel Launches With Rewards for Crypto-Powered Hotel Bookings Digital payments platform Wirex announced on March 27 the launch of Wirex Travel, a hotel booking platform that enables users to pay […] Source CryptoX Portal
Uniswap (UNI) has slipped below the crucial $6.7 support level, raising concerns about a potential extended downturn. This breakdown comes amid increasing selling pressure, signaling that the bulls may be losing their grip on the market. With volatility rising and market uncertainty growing, the next few trading sessions will be crucial in determining whether UNI can bounce back or if a prolonged downtrend is on the horizon. Will the bulls reclaim lost ground, or is UNI heading for even lower levels? Price Action and Technical Indicators Flash Warning Signs UNI’s…