Category: Other Crypto News

Bitcoin-S&P 500 Correlation Coefficient Signals Impending Market Crash

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Nevada Judge Blocks Kalshi From Operating in State

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A Nevada judge has temporarily blocked Kalshi from operating in the state, finding that state authorities are reasonably likely to prevail in a legal fight over whether the company’s event contracts violate Nevada gambling laws. Carson City District Court Judge Jason Woodbury issued a temporary restraining order on Friday, siding with a Nevada Gaming Control Board motion to block Kalshi from operating in the state for 14 days. “Prediction markets, to ​the extent they facilitate unlicensed gambling, are illegal in Nevada, and we have a statutory duty to protect the…

CFTC Staff Share FAQ on Crypto Collateral

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The US Commodity Futures Trading Commission has given more details on its expectations for the use of crypto as collateral amid a pilot program that the agency launched last year. In a notice on Friday, the CFTC’s Market Participants Division and Division of Clearing and Risk responded to frequently asked questions that emerged from two staff letters issued in December that established a pilot allowing crypto to be used as collateral in derivatives markets. The notice reminded futures commission merchants wanting to take part in the pilot that they must…

$105 Breakout Or Double-Pair Collapse Ahead?

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Solana is flashing mixed signals as price tightens beneath key resistance while early signs of momentum weakness begin to emerge. A clean breakout above $95 could ignite a swift move toward the $100–$105 zone, but fading RSI suggests underlying strength may be weakening.  Pressure Builds As Solana Holds Firm Below Resistance Solana is tightening just beneath a resistance zone, and the pressure is becoming harder to ignore with each passing move. According to crypto analyst Marcus Corvinus, repeated rejections around the $92–$95 range have not triggered any meaningful breakdown so…

Brazil’s New Finance Minister Puts Crypto Tax Policy on Pause: Report

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Brazil’s Finance Minister, Dario Durigan, is putting crypto tax policy on the back burner until after the country’s presidential elections in October 2026 to avoid pushing for “divisive” tax changes during an election year.  Regulators and government officials originally slated a public consultation on crypto tax policy for later this year, which may be delayed until 2027, but still “remains on the radar,” sources familiar with the matter told Reuters. Brazil ended its no tax policy on gains from smaller cryptocurrency sales or transfers in June 2025, shifting to a…

Why The XRP Supply In The Billions Is Not A Problem

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Crypto analyst X Finance Bull has laid out a detailed theory explaining why XRP’s large token supply, often criticized as a weakness, could actually serve as a powerful mechanism for institutional adoption. His analysis comes as XRP community members continue to burn tokens to help reduce supply. In contrast, others demand that Ripple burn its escrowed holdings to drive scarcity and trigger a price spike.  The XRP Supply Is A “Catalyst”, Not a “Problem” In an X post on March 18, X Finance Bull observed that many people tend to…

SEC Crypto Guidance Is a Major Step, but More Is Needed: Analyst

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The recent guidance from the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission establishing a taxonomy for digital assets put a “final nail” in the coffin of SEC policy under former Chairman Gary Gensler, according to Alex Thorn, the head of firmwide research at investment firm Galaxy. The SEC guidance, published on Tuesday, established a taxonomy for digital assets, dividing them into five categories, including digital commodities, digital collectibles like non-fungible tokens (NFTs), digital tools, stablecoins, and tokenized securities.  The SEC guidance published on Tuesday…

The Bear Market Divergence That Shows What’s Really Going On With Bitcoin

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Crypto analyst Ardi has pointed to a bear market divergence to explain what has been going on with Bitcoin’s price for a while now. His analysis comes just as BTC continues to struggle to hold above $70,000 amid the U.S.-Iran war and rising oil prices.  Analyst Explains What Is Happening With Bitcoin as Price Struggles In an X post, Ardi noted that this is the first time in this bear market that Bitcoin’s price and open interest have diverged on an intermediate timeframe. BTC has climbed over the last six…

Bitcoin Options Flag Traders’ Fear As Iran War Carries On

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Key takeaways: Bitcoin traders are turning cautious as high oil prices and Middle East tensions fuel inflation and stall US interest rate cuts. The $254 million in spot Bitcoin ETF outflows is too small to confirm a bearish flip, yet options markets show heavy hedging. Bitcoin (BTC) price stagnated near $70,000 during the Friday trading session after failing to reclaim the $75,000 level on Tuesday. The decline marked two days of net outflows from US-listed Bitcoin spot exchange-traded funds (ETFs), reversing the trend from the prior seven days. Traders are…