Category: Other Crypto News

Crypto Rails Go Mainstream — Inside Mastercard’s Bold $1.8 Billion BVNK Acquisition

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Mastercard is set to acquire stablecoin infrastructure firm BVNK in a deal worth up to around $1.8 billion, pushing deeper into crypto rails and 24/7 payments. Related Reading A Multi-Billion Crypto Purchase TradFi continues to demonstrate that they don’t want out of the crypto rails, and stablecoins appear to be the safest pathway they have found to adapt to the times. Bloomberg reported this Tuesday afternoon that the purchase of the London‑based fintech startup also includes $300 million in contingent payments. This deal follows four months of a failed $2…

Meta Shuts Down Horizon Worlds on Quest Headsets

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Meta Platforms will shut down its Horizon Worlds metaverse for virtual reality users in June, pivoting to a mobile-only experience as it retreats from the aggressive metaverse push it championed just five years ago.  Consumers will no longer be able to build, publish or update virtual reality worlds, or access the Horizon Worlds metaverse on Meta Quest headsets, from June 15, the company said in a Tuesday blog post.  Horizon Worlds launched in late 2021 as a VR-only, online multiplayer platform where users can build and publish virtual environments and…

XRP Price Bullish Momentum Expands — Market Eyes Next Surge

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Upside Heats Up — $2,500 Barrier in Focus

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Ethereum price started a major increase above the $2,350 zone. ETH is now showing positive signs and might aim for more gains above $2,380. Ethereum started a steady upward move above the $2,320 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $2,380 zone. Ethereum Price Aims Fresh Gains Ethereum price extended its upward move…

SEC’s Paul Atkins Floats Crypto ‘Safe Harbor’ Exemptions

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US Securities and Exchange Commission chair Paul Atkins says the agency should consider a “safe harbor proposal” to give crypto companies and some tokens a regulatory carveout. Atkins said in remarks at a crypto lobby event in Washington, DC, on Tuesday that his safe harbor proposal was made up of a “startup exemption,” a “fundraising exemption,” and an “investment contract safe harbor.” “It is past time for us to stop diagnosing the problem and start delivering the solution,” he said. “Such a safe harbor would provide crypto innovators bespoke pathways…

Cardano Chop Nearing End? Here’s The Key Resistance To Watch

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A cryptocurrency analyst has explained how the upper boundary of a Parallel Channel could set up a bullish breakout for Cardano (ADA). Cardano Could Face Key Resistance At $0.304 In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) pattern forming in the 4-hour Cardano price chart. The pattern in question is a Parallel Channel, which forms whenever an asset observes consolidation between two parallel trendlines. The upper level of the channel tends to be a source of resistance for the price, meaning tops can…

Bitrefill Claims Lazarus Group Hacked Them, Stealing Funds

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Crypto e-commerce store Bitrefill has revealed it was the victim of a cybersecurity attack on March 1, with the methods used closely resembling those of Lazarus Group, North Korea’s notorious hacking organization. In a post to X on Tuesday, Bitrefill said the hackers used malware, on-chain tracing, and reused IP and email infrastructure to compromise an employee’s laptop, enabling them to drain funds from the company’s hot wallets while also accessing 18,500 purchase records, potentially revealing “limited customer information.” Bitrefill said BlueNoroff Group, another North Korean hacking organization with close…

This Signal Has Correctly Predicted The Last 3 Cycle Bottoms

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A single on-chain indicator has quietly called every major Bitcoin cycle bottom for the past decade, and it is now approaching that important level once again.  The setup comes from a monthly Bitcoin chart paired with the NUPL indicator, which tracks whether the average holder is sitting on unrealized profit or loss. In each of the last three major bear market lows, the indicator fell into the same area and touched a rising trendline. Nailing The Bitcoin Bottom Bitcoin’s latest break above $70,000 and into the mid-$70,000s has seen a…

SEC will Consider most Crypto Assets not Securities under Federal Law

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In one of its first actions since signing a memorandum of understanding with the Commodity Futures Trading Commission (CFTC), the US Securities and Exchange Commission (SEC) said it would interpret how “non-security crypto assets” fall under federal securities laws. In a Tuesday notice, the SEC said its interpretation of how to address crypto assets would serve as an “important bridge” as lawmakers in the US Congress consider market structure legislation which will codify how financial regulators oversee digital assets.  The commission said the interpretation would provide a “coherent token taxonomy…

The 8-Year Ethereum Convergence That Says An Altcoin Season Stronger Than 2021 Is Coming

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A crypto analyst has identified an eight-year convergence pattern on the Ethereum (ETH)-Bitcoin (BTC) trading pair chart, suggesting it could signal the long-awaited onset of an altcoin season. Although rumors of an altcoin season have circulated in the crypto space since before 2025, such a phase has yet to materialize, underscoring the persistent volatility in alternative cryptocurrencies throughout this bull market. Despite this prolonged delay, the analyst argues that the new convergence structure could become a catalyst that fuels an altcoin season even more powerful than the one observed in…