The global cryptocurrency market has plunged 6% as uncertainty surrounding former U.S. President Donald Trump’s economic policies fuels investor concerns. The sell-off comes amid growing fears that potential shifts in trade, regulation, and monetary policy could destabilize financial markets. Trump’s Policies Spark Market Jitters Crypto investors are closely watching Trump’s stance on key financial issues, including: Regulation Crackdowns – Trump …
Read More »Daily Archives: March 11, 2025
MyShell Drops Market Maker Amid Binance Crackdown
In the wake of increased regulatory scrutiny on Binance, MyShell has decided to part ways with its market maker, signaling a shift in its approach to compliance and risk management. Regulatory Pressure Mounts The decision follows recent investigations and regulatory actions against Binance, which have put pressure on companies associated with the exchange. Authorities worldwide have been tightening their grip …
Read More »Solana’s Revenue Nosedives 93% as Meme Coin Hype Fizzles Out
Solana’s explosive revenue surge, fueled by a recent meme coin trading frenzy, has come crashing down, plummeting 93% from its peak of $55 million. The drastic drop highlights the volatile nature of blockchain network fees and the fleeting impact of speculative trading. Meme Coin Mania Fades Over the past few months, Solana saw a surge in network activity driven by …
Read More »EU Official Warns: US Crypto Dominance Threatens Europe’s Economic Sovereignty
A senior European Union official has raised concerns over the growing dominance of U.S.-based cryptocurrency firms, warning that it could undermine Europe’s economic sovereignty and financial independence. The statement underscores the EU’s ongoing efforts to strengthen its own digital asset infrastructure and reduce reliance on American financial technologies. US Crypto Giants Hold the Power With major crypto exchanges, stablecoin issuers, …
Read More »Pompliano: Trump Admin Manipulating Markets to Force Rate Cuts
Crypto investor and entrepreneur Anthony Pompliano has accused the Trump administration of manipulating the stock market to pressure the Federal Reserve into cutting interest rates. His comments come amid growing speculation that political influence is playing a role in U.S. monetary policy. Market Volatility and Fed Pressure Pompliano, a well-known Bitcoin advocate, suggested that the administration may be using strategic …
Read More »Canada’s New PM Mark Carney Faces Scrutiny Over Past Bitcoin Criticism
Mark Carney, Canada’s newly elected Prime Minister, is facing renewed scrutiny over his past criticisms of Bitcoin and cryptocurrencies. As a former governor of both the Bank of Canada and the Bank of England, Carney has been vocal about his skepticism toward digital assets, raising concerns among Canada’s growing crypto community. Carney’s Past Stance on Bitcoin Throughout his tenure as …
Read More »South Korea’s Democratic Party Hints at Bitcoin Reserves Ahead of Election
As South Korea’s election race heats up, the Democratic Party is considering a bold new strategy—establishing a national Bitcoin reserve. The move signals a potential shift in the country’s economic approach, leveraging digital assets as part of its broader financial strategy. Bitcoin as a Strategic Asset? While details remain scarce, party insiders suggest that accumulating Bitcoin reserves could serve multiple …
Read More »Coinbase to Roll Out 24/7 Bitcoin & Ethereum Futures on CFTC-Approved Exchange
Coinbase is set to launch round-the-clock Bitcoin and Ethereum futures trading through its CFTC-regulated exchange, marking a major step in expanding crypto derivatives access for institutional and retail traders alike. The move positions Coinbase as a stronger player in the rapidly growing crypto futures market, offering a regulated alternative to offshore platforms. 24/7 Crypto Futures: A Game Changer? Unlike traditional …
Read More »SEC Eases Up? Crypto Firms May Face Fewer Registration Hurdles
In a potential shift for the U.S. crypto industry, the Securities and Exchange Commission (SEC) is reportedly reconsidering its stringent registration requirements for digital asset firms. The move could provide much-needed regulatory relief for exchanges, token issuers, and other blockchain-based businesses struggling with compliance uncertainties. A Softer Stance on Crypto? The SEC has long taken a tough approach to cryptocurrency …
Read More »California Cracks Down on Crypto Scams, Shuts 26 Sites After $4.6M in Losses
California regulators have taken action against a wave of fraudulent crypto schemes, shutting down over 26 scam websites linked to investor losses totaling $4.6 million. The crackdown highlights the growing risks of online crypto fraud and the state’s commitment to protecting consumers. Scam Operations Uncovered The California Department of Financial Protection and Innovation (DFPI) identified the fraudulent websites as platforms …
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