Crypto News

Interestingly, this change happened just as Chainlink [LINK] began to recover after a long period of price instability.

Rainberry Inc., a cryptocurrency company previously known as Bittorrent, has agreed to pay a $10 million civil penalty. This is to resolve allegations of market manipulation and offering unregistered securities. The settlement was made public on March 5. Ah yes, good old market manipulation-nothing says ‘responsible business’ like a hefty fine and zero responsibility.

As an analyst, I see Strike securing its BitLicense as a really important step for the company. Jack Mallers, Strike’s CEO, highlighted that this approval allows them to expand their services to New York, which, as we all know, is a major global financial hub. It essentially opens the door to a significant market for them.

Meanwhile, the poor, dusty fiat currencies were left out in the cold, not a single model daring to whisper its name as the top choice. The researchers, having sifted through a mountain of over 9,000 responses, might have wondered if these machines are secretly plotting a cryptocurrency coup.

В тишине бильярдных залов Казахского центрального банка раздался голос о том, что до 350 миллионов долларов из золота и валютных резервов будут отдано криптовалютам и компаниям, связывающимся с ними в цифровом пространстве.

As for the CME Fed funds futures, the probability of two 25-basis-point Fed rate cuts this year has dropped to a modest sub-50% probability, down from a near certainty of 80% before all the recent chaos. Ah, how quickly things change!

The IRS is looking to simplify how cryptocurrency is taxed, and is planning to make it easier for exchanges and other platforms to report information.

Ethereum ETFs saw a strong rebound on Wednesday, attracting $169 million in new investments – their biggest single-day gain in almost two months. This follows a weaker showing on Tuesday.

The total amount of Bitcoin held on cryptocurrency exchanges has dropped to under 2.708 million BTC. This represents the lowest level of Bitcoin available on exchanges since November 2018, indicating reduced liquidity.

A new report from CryptoQuant shows a significant increase in Ethereum (ETH) trading activity on the Binance exchange. Their 30-day Exchange Liquidity Ratio, which compares trading volume to the amount of ETH available, suggests that activity has picked up considerably in recent weeks.