While forces such as U.S. Federal Reserve rate policies and disruptive incidents — the $1.4 billion Bybit breach, for instance — indisputably trigger dramatic fluctuations in bitcoin’s value, one figure stands apart in shaping its trajectory: U.S. President Donald Trump. Love him or loathe him, his capacity to mold crypto markets borders on the alchemical, […] Original
South Korea is growing closer to a decision on Bitcoin (BTC) exchange-traded funds (ETFs), according to a report from local publication Maeil Business Newspaper (MK). In its report, MK says the South Korean government is looking to Japan as an example, as the island nation has been skeptical of digital assets in the past but may be changing its tone. The Financial Supervisory Service, South Korea’s financial regulator, reportedly examined the Japan Financial Services Agency’s legislative trend toward digital assets and shared it with related institutions in South Korea. Nikkei,…
Este artículo también está disponible en español. The Bitcoin price is struggling to recover from recent declines, as the market downtrend has kept it significantly below the $100,000 mark. Amidst this volatility, Bitcoin is experiencing a bearish deviation that is filling a new Chicago Mercantile (CME) Gap. This has triggered a fresh prediction from a crypto analyst who believes that the pioneer cryptocurrency is set for a higher high. Bitcoin Price To Form Higher Low As CME Gap Fills Crypto analyst Rekt Capital took to X (formerly Twitter) on Monday…
The Bitcoin network was used to secure and store the results of the Williamson County, Tennessee Republican Party Convention’s March 4 election to determine the leadership and board of the local GOP chapter. According to Simple Proof, the software platform used to record the election results to the immutable blockchain ledger, the data was successfully stored on block number 886,370 at 11:15:30 UTC. According to the onchain data, Steve Hickey was elected chairman of the local convention, Tim Raynaud won the vote to become treasurer, and Leigh Ann Cates was…
On March 4, Ethereum’s native token, Ether (ETH), dropped to a new yearly low of $1,996, marking the altcoin’s lowest value since November 2023. In that 24-hour period, roughly $100 million in Ethereum positions were liquidated, with ETH futures open interest (OI) declining 10.31% across all exchanges. Ethereum 1-day chart. Source: Cointelegraph/TradingView Is Ether price at a generational entry or lost cause? The second largest cryptocurrency is drawing mixed opinions from the crypto industry. Ethereum’s Pectra upgrade was deployed on the Sepolia testnet on March 5, and Gabriel Halm, a…
Welcome to The Protocol, CryptoX’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter at CryptoX. In this issue: Ethereum’s Second Buggy ‘Pectra’ Test Could Lead to a Delayed Upgrade Ethereum Foundation Picks New Co-Executive Directors, Following Leadership Reshuffle Layer-2 BOB’s ‘Bitcoin DeFi’ Continues Progress With Fireblocks Integration Popular Crypto Wallet MetaMask Unveils New Roadmap This article is featured in the latest issue of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get…
China is significantly increasing its money supply, marking its first major monetary easing in 14 years, a strategic move primarily driven by domestic economic pressures and looming U.S. trade tensions under President Donald Trump’s administration. China’s Monetary Policy Shifts in Face of Trump Tariff Storm In December 2024, China’s Politburo announced a shift to a […] Original
After being in prison for more than 11 years for his involvement with the darknet marketplace Silk Road, Ross Ulbricht appears to have wasted no time making public appearances. In a March 4 X post, Kentucky Representative Thomas Massie said he had invited Ulbricht to attend a joint session of the US Congress, at which President Donald Trump gave a speech on his administration’s policies. The event marked one of the first times the Silk Road founder appeared in public since his release from prison in January after receiving a…
Este artículo también está disponible en español. Chainlink (LINK) has faced massive volatility and uncertainty, with price action resembling a rollercoaster ride over the past few days. After trading around $17, LINK plunged to $13 before rebounding back to $16, all within less than three days. This extreme price movement reflects the broader market’s instability, as traders struggle to navigate between bullish excitement and looming risks. Related Reading The crypto market remains highly reactive, with investors balancing the hype from President Trump’s U.S. Strategic Crypto Reserve announcement against the macroeconomic…
CleanSpark grew its Bitcoin treasury by approximately 6% from mining operations in February, the crypto miner said on March 5. During the month of February, CleanSpark mined a total of 624 Bitcoin (BTC), worth upward of $55 million at Bitcoin’s spot price of around $89,000 as of March 5, according to CleanSpark’s monthly report. The company sold 2.73 BTC in February at an average price of more than $95,000 per BTC. It added the rest to its corporate treasury, which holds a total of 11,177 BTC as of Feb. 28,…