Today’s edition of the weekly recap covers the opening of Terra’s investor claims portal, President Trump’s latest crypto pardon, and Polymarket’s governance issues. Terra opens investor claims portal Terraform Labs will launch an online system on March 31, allowing investors to file claims for losses related to the collapse of the Luna (LUNA) token and TerraUSD stablecoin. Investors must submit claims by April 30 at 11:59 p.m. ET through claims.terra.money, with late submissions forfeiting recovery rights. Trump pardons BitMEX founders President Donald Trump issued pardons to three co-founders of cryptocurrency…
Month: March 2025
Is XRP price around $2 an opportunity or the bull market’s end? Analysts weigh in
XRP (XRP) has dropped nearly 40% to around $2.19, two months after hitting a multi-year high of $3.40. The cryptocurrency is tracking a broader market sell-off driven by President Donald Trump’s trade war despite bullish news like the SEC dropping its case against Ripple. XRP/USD daily price chart. Source: TradingView However, XRP is still up 350% from its November 2024 low of $0.50, suggesting a consolidation phase after a strong rally. This sideways action has sparked discussions over whether it’s the end of the bull run or a prime buying…
Will Support Hold Or Unleash A Breakdown?
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 has been on a consistent downward trend since the beginning of the just concluded week. A steady flow of consecutive bearish candles on the daily timeframe has pulled…
Stablecoin rules needed in US before crypto tax reform, experts say
United States cryptocurrency regulations need more clarity on stablecoins and banking relationships before lawmakers prioritize tax reform, according to industry leaders and legal experts. “In my view, tax isn’t necessarily the priority for upgrading US crypto regulation,” according to Mattan Erder, general counsel at layer-3 decentralized blockchain network Orbs. A “tailored regulatory approach” for areas including securities laws and removing “obstacles in banking” is a priority for US lawmakers with “more upside” for the industry, Erder told Cointelegraph. “The new Trump administration is clearly all in on crypto and is…
Cardano and Dogecoin’s $2 ambitions shortfall, this crypto offers better prospects
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano and Dogecoin have fallen short of their $2 ambitions, but Codename:Pepe is emerging as a contender with higher prospects. Cardano (ADA) and Dogecoin (DOGE) aimed for a $2 breakthrough but fell short. Despite this, both ADA and DOGE still hold attention in the crypto market. While their potential is noteworthy, a new contender has emerged. Codename: Pepe (AGNT) is stepping into the spotlight with a promise of bringing…
Ethereum MVRV Ratio Nears 160-Day MA Crossover – Accumulation Trend Ahead?
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 once again under heavy selling pressure after losing the critical $2,000 level — a psychological and technical zone that bulls have struggled to defend in recent weeks.…
Ethereum’s time is ‘meow?’ Vitalik Buterin video go ‘vrial’
Some commentators on X called it “sad.” Others used expletives. Either way, a video of Ethereum co-founder Vitalik Buterin went viral and not in a good way. The crypto community on X.com, rarely known for decorum, blasted Buterin for kneeling before a robot and emitting what sounds like a “meow” sound. To some, the video underscored why one needs to be “bullish” about Ethereum’s present and future. To others, it was worthy of a Studio Ghibli-style photo edit. Most people kept scrolling. See below. So much of my professional life…
Bitcoin Spot ETFs See $197 Million Net Inflows As Q1 Closes – Details
By their lofty standards, the US Bitcoin spot ETFs produced a moderately positive performance last week, attracting about $200 million in netflows. This development comes amid an impressive market comeback over the past two weeks following the heavy withdrawals seen in early March. Bitcoin Spot ETFs: 10 Straight Days Of Positive Netflows According to data from ETF tracking site SoSoValue, the Bitcoin ETFs registered total net outflows of $93.47 million on Friday, moving its aggregate netflows for the past week to $196.7 million. Prior to Friday’s negative input, these funds…
CRO jumps 15% after SEC closes investigation on Crypto.com, is more upside coming?
CRO rallied as high as 17% after the US SEC formally concluded its investigation into Crypto.com. However, most of these gains were quickly erased amid broader market uncertainty. According to crypto.news data, Cronos (CRO) jumped from $0.097 to as high as $0.114 on Mar. 28 before cooling off to around $0.1064 later in the day during Asian trading hours. Its market cap hit $2.94 billion, and daily trading volume spiked by 71%, with about $138 million worth of CRO changing hands. CRO got a boost as the community turned bullish…
Coinbase and Kraken Urge to Block Prosecuting Web3 Builders
On Mar. 26, an open letter signed by 34 crypto companies urged the U.S. senators and congressmen to correct the code interpretation by the Department of Justice, where the DOJ suggested that web3 developers like the Tornado Cash team were involved in “unlicensed money transmitting business” simply through creating an open-source software. The letter doesn’t mention Tornado Cash or Samourai developers, who were prosecuted for their involvement in the creation of the respective Bitcoin mixer platforms. However, the letter is based on the Tornado Cash case. It saw the light…