Cryptocurrency News

March, 2025

• 19 March

  US Spot Bitcoin ETFs See Outflows in March as Crypto Market Turns Bearish

  

  The U.S. spot Bitcoin exchange-traded funds (ETFs) experienced significant outflows in March as bearish sentiment gripped the broader cryptocurrency market. According to data from Farside, several leading Bitcoin ETFs saw capital exits, reflecting investor caution amid declining prices and uncertain market conditions. Bitcoin ETFs Face a Challenging Month Following a strong start in early 2024, spot Bitcoin ETFs have struggled …
• 19 March

  Strategy to Issue 5M Series A Shares to Boost Bitcoin Reserves

  

  Strategy, a firm known for its Bitcoin-focused investment approach, has announced plans to issue 5 million Series A shares as part of an effort to expand its Bitcoin holdings. This move reflects the company’s commitment to increasing its exposure to digital assets while leveraging equity financing to strengthen its balance sheet. Raising Capital for Bitcoin Expansion The decision to issue …
• 19 March

  Will Solana Crash to $30 in 2025? Market Outlook and Predictions

  

  Solana (SOL) has been one of the most volatile cryptocurrencies in recent years, experiencing both explosive growth and sharp corrections. As investors look ahead to 2025, some analysts are questioning whether Solana could face a significant downturn, potentially dropping to $30. While this scenario remains speculative, several factors could influence Solana’s price trajectory, including market trends, network developments, and broader …
• 19 March

  Raiffeisen Bank International Backs Austrian Crypto Tax Software with Multi-Million Investment

  

  Raiffeisen Bank International (RBI), one of Austria’s largest financial institutions, has made a significant multi-million euro investment in a local crypto tax software provider. This move highlights the growing intersection between traditional banking and the cryptocurrency sector, as regulatory compliance becomes a top priority for financial institutions and digital asset investors. Strengthening Crypto Tax Compliance As the global regulatory landscape …
• 19 March

  Bithumb Overcomes Legal Battle, Accelerates Push for IPO in South Korea

  

  Bithumb, one of South Korea’s largest cryptocurrency exchanges, has cleared a major legal hurdle, paving the way for its long-anticipated initial public offering (IPO). The exchange, which has faced regulatory scrutiny and legal challenges in recent years, is now intensifying its efforts to go public, potentially becoming the first South Korean crypto exchange to achieve this milestone. Legal Victory Strengthens …
• 19 March

  Coinbase CLO Blasts U.S. Treasury for Defying Court Ruling on Tornado Cash

  

  Paul Grewal, Chief Legal Officer of Coinbase, has criticized the U.S. Treasury Department for allegedly disregarding a court ruling related to the delisting of Tornado Cash. The controversy centers around the Treasury’s continued enforcement actions against the crypto mixing service despite a legal challenge questioning the legitimacy of its sanctions. The Legal Battle Over Tornado Cash Tornado Cash, a decentralized …
• 19 March

  Crossmint Raises $23.6M Led by Ribbit Capital to Power AI-Driven Commerce

  

  Crossmint, a leading provider of blockchain infrastructure for digital assets and payments, has secured $23.6 million in a funding round led by Ribbit Capital. The investment aims to accelerate the company’s expansion into AI-powered commerce, leveraging its blockchain expertise to enhance digital transactions and streamline payment solutions. Driving Innovation at the Intersection of AI and Blockchain Crossmint has built a …
• 19 March

  Sberbank Unveils Blockchain-Powered Cocoa Index Token on Moscow Exchange

  

  Sberbank, Russia’s largest bank, has introduced a blockchain-powered Cocoa Index Token on the Moscow Exchange, marking a significant step in the tokenization of commodities. This initiative aims to provide investors with a more efficient and transparent way to gain exposure to cocoa prices, leveraging blockchain technology to enhance security, traceability, and market accessibility. Transforming Commodity Trading with Blockchain Commodity markets …
• 19 March

  US Weighs Bitcoin Acquisition at No Cost to Taxpayers, Says Bo Hines

  

  The United States is exploring ways to acquire Bitcoin without burdening taxpayers, according to Republican congressional candidate Bo Hines. The potential move reflects growing interest in digital assets at the federal level, as policymakers seek strategies to integrate Bitcoin into national reserves without direct government spending. Exploring Alternative Bitcoin Acquisition Strategies Hines has suggested that the US could accumulate Bitcoin …
• 18 March

  North Korea Overtakes El Salvador in Bitcoin Stash After Bybit Hack

  

  North Korea has reportedly surpassed El Salvador in Bitcoin holdings following a major cyberattack on the cryptocurrency exchange Bybit. The attack, which resulted in the theft of a significant amount of digital assets, is believed to be linked to North Korean state-backed hackers, further solidifying the regime’s reliance on crypto theft to fund its operations. The Bybit Hack and Its …