What to know: Ah, the executive order! A grand decree for a strategic bitcoin reserve and a digital asset stockpile, heralded as a pivotal moment for the crypto industry, or so the report claims. KBW, in its infinite wisdom, has declared bitcoin to be treated as a reserve asset, as if it were a rare … Read more
TL;DR SEC leadership changes might mean Ripple gets off easy. Or not. Who knows? 🤷♂️ No official settlement yet, but hey, legal experts say this case is a mess. Shocking, right? So, the SEC is still going after Ripple like a dog with a bone. 🦴 Despite dropping other crypto lawsuits, they’re sticking with this … Read more
Oh, dearie me! Ethereum (ETH) is having a bit of a rough time, isn’t it? Its price has been on a downward spiral, dropping by a whopping 48% from its mid-December 2024 high above $4,000 to a current value of $2,068. 😱 But wait, there’s a twist in this tale! While the price is going … Read more
Ah, dear reader, let us embark on a whimsical journey through the labyrinthine corridors of Web3, a realm not crafted for the frail hands of humanity but rather for the cold, calculating embrace of machines. Indeed, the very essence of this digital tapestry has been woven with threads of complexity, a tapestry that has, alas, … Read more
What to know: The ETF would track the price performance of Movement (MOVE), an Ethereum layer-2 network built using MoveVM. Because, you know, the world definitely needs another acronym to keep track of. 🙃 Rex Shares and Osprey Funds have previously filed ETFs with exposure to memecoins like TRUMP, BONK, and DOGE. Because nothing says … Read more
Dearest readers, it is with a heavy heart that I must convey the latest tidings from the realm of CoinDesk Indices, where the daily market update has revealed a most unfortunate performance of our beloved CoinDesk 20 Index. Alas, it appears that the index has taken a rather precipitous plunge, now standing at a mere … Read more
What to know: XRP, the cryptocurrency that thinks it’s a rollercoaster, just took a nosedive of over 27% in the week ending March 9! 🎢 Talk about a wild ride since November 2022! We’ve got a key support level near $2, and if it breaks, we might as well grab our popcorn because the losses … Read more
TL;DR Oh, the drama! Pi Network’s KYC deadline has been stretched to March 14. Miss it, and you might just kiss goodbye to your mined tokens 🙈. Minor miracles! The team introduces tweaks for name and phone number corrections, but don’t get too excited – there’s still a limit on appeals 📋. The Intricate Guidance … Read more
What to know: The cryptocurrency market’s extended sell-off has spilled over into equity markets, with crypto-adjacent companies experiencing losses in pre-market trading. Strategy (MSTR) and Coinbase (COIN) both plummeted over 5% in pre-market trading. As the cryptocurrency market continues its downward spiral, the contagion has spread to equity markets, with crypto-adjacent companies experiencing losses in … Read more
Crypto Crash: Bitcoin Plummets as Investors Flock to ‘Doomsday Asset’ Gold What to know: By Omkar Godbole (All times ET unless indicated otherwise) The crypto market continues to lose ground, driven by disappointment over the absence of a plan for the U.S. government to buy bitcoin under the newly announced strategic reserve plan and amid … Read more