Month: March 2025

Cardano Surge To $1.17 Triggers Overbought Warnings: Time To Sell?

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Este artículo también está disponible en español. Cardano recent price surge has been nothing short of impressive, with ADA climbing steadily to challenge the $1.17 resistance level, a key psychological and technical barrier. Overbought conditions often precede a period of consolidation or correction, as traders take profits and the market seeks equilibrium. For ADA, this could mean a temporary slowdown or pullback from the $1.17 resistance, especially if buyers fail to muster enough strength to break through this stubborn level. On the other hand, a successful breach could open the door…

SEC Dismisses Legal Case Against Kraken, Exchange Confirms 

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The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against cryptocurrency exchange Kraken, the company confirmed Monday, ending a high-profile regulatory battle over allegations of operating as an unregistered securities platform. Kraken Confirms Closure of SEC Enforcement Action The SEC’s dismissal of the case, revealed on Monday, marks a significant development in the […] Source

Bitcoin returns under $90K as crypto market liquidates $150M in hours

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Bitcoin (BTC) sold off at the Mar. 3 Wall Street open as US trade tariffs kept risk-asset traders on their toes. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin braces for Trump “investment announcement” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping below $90,000, shedding up to 5% on the day. Initial excitement over the prospect of a US strategic crypto reserve saw weekly highs before sell-side pressure kicked in as TradFi returned. A suggestion from US Commerce Secretary Howard Lutnick on CNN that President Donald Trump should decide on…

SEC drops lawsuit against Kraken, ending ‘politically motivated campaign’

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The US Securities and Exchange Commission has agreed to drop its lawsuit against Kraken, the cryptocurrency exchange revealed on March 3. The move ends what the exchange calls a “wasteful, politically motivated campaign” and “clears the path toward a stable, forward-thinking regulatory regime.” According to Kraken, the lawsuit is being dismissed with prejudice, with no admission of wrongdoing, no penalties paid, and no changes to Kraken’s business. The SEC sued Kraken in November 2023, alleging that the exchange acted as a broker, dealer, exchange and clearing agency without registering with…

How Bybit’s lost Ethereum went through North Korea’s washing machine

The $1.4 billion hack against Bybit wasn’t just the largest exploit in crypto history — it was a major test of the industry’s crisis management capabilities, highlighting its maturation since the collapse of FTX. On Feb. 21, North Korea’s Lazarus Group made off with $1.4 billion in Ether (ETH) and related tokens in a breach that initially sent chills throughout the entire crypto world but was quickly quelled as the industry rallied behind Bybit to manage the fallout. Here’s a look at how the attack unfolded, how Bybit responded, and…

Bitcoin Recovers to $91,000 as Trump Crypto Reserve Promise Revives Market, BTC Bull Token Raises $3M

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This content is provided by a sponsor. Bitcoin (BTC) just shot back to $91,000 after Trump’s promise to build a crypto reserve revitalized the market. Meanwhile, BTC Bull Token (BTCBULL), the new Bitcoin rewards project, is capitalizing on all the excitement – with its presale hitting the $3 million mark. Trump’s Bitcoin Reserve Plan Sends […] Original

Bitcoin CME futures gap widens by $6k

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Bitcoin broke above $90,000 over the weekend, opening another gap in the CME futures market. Bitcoin (BTC) rallied almost 10% on March 2, boosted by President Donald Trump’s announcement of a U.S. crypto reserve, which would include BTC, Ethereum (ETH), (XRP), Solana (SOL), and Cardano (ADA). The surge in BTC’s spot price from approximately $84,000 to $90,700 created a gap in March futures, according to CME data. Futures gaps are non-traded zones where no transactions occur between market sessions. On Monday, March 2, BTC climbed to $95,000, widening the CME…

Dogecoin Breaks Above Falling Wedge Pattern – Analyst Sets $0.43 Target

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Este artículo también está disponible en español. Dogecoin is trading below key levels after dropping over 10% following last night’s bullish price action. The meme coin market continues to struggle, and Dogecoin is no exception. Since late January, DOGE has failed to reclaim previous highs and consistently set lower prices each week. Investors are growing cautious as selling pressure remains strong, preventing any meaningful recovery. Related Reading Despite the recent downturn, some analysts remain optimistic about DOGE’s long-term prospects. Top analyst Carl Runefelt shared a technical analysis on X, showing…

Michael Saylor Updates Strategy’s Bitcoin Holdings—Nearly 500K BTC Locked in

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Michael Saylor remains steadfast in his bitcoin strategy, with Strategy holding nearly 500,000 BTC worth $33.1 billion, while he pushes for crypto policy advancements in Washington. Michael Saylor Pushes Crypto Policy in DC While Strategy Holds Nearly 500K BTC Software intelligence firm Microstrategy (Nasdaq: MSTR) announced on March 3 that it continues to hold a […] Original

The crypto law alphabet soup of the UAE

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Opinion by: Irina Heaver, crypto lawyer Any crypto entrepreneur trying to navigate the United Arab Emirates’ crypto ecosystem inevitably encounters the myriad acronyms used in the country’s legal landscape. From the SCA and VARA to the DMCC, ADGM and DFSA, what do these mysterious combinations of letters stand for, and how does one navigate this complex maze? Moreover, is this abundance of acronyms and jargon an efficient feature of a system that promotes itself as the number one global crypto hub? Does this complexity strengthen the ecosystem, or is it…