Cryptocurrency News

12 March

Bitwise Unveils OWNB: The Bitcoin Standard ETF for Corporate Giants

Bitwise Asset Management, a leading name in the crypto investment space, has launched the Bitwise Bitcoin Standard Corporations ETF (NYSE: OWNB), a first-of-its-kind fund designed to track companies that hold substantial Bitcoin reserves. This move aims to provide investors with exposure to businesses that have embraced Bitcoin as a strategic asset on their balance sheets. Bridging Traditional Finance and Bitcoin …

12 March

Senator Cynthia Lummis Revives The BITCOIN Act: Paving the Way for Crypto Legislation

Senator Cynthia Lummis, one of the most vocal advocates for cryptocurrency in Congress, has reintroduced The BITCOIN Act, a legislative proposal aimed at clarifying the role of Bitcoin in the U.S. financial system. The bill seeks to provide a clear regulatory framework for Bitcoin adoption, enhance financial innovation, and ensure the U.S. remains at the forefront of the digital …

12 March

Cardano on the Brink? Key Support Level Could Trigger a 50% Drop!

Cardano (ADA) is facing a critical moment as bearish pressure mounts, putting its price at risk of a significant drop. With market volatility on the rise and key technical levels being tested, traders and investors are closely watching whether ADA can hold firm or if a breakdown could lead to a 50% crash. Cardano’s Struggle: Breaking Down the Charts ADA …

12 March

South Korean Official Accused of Stealing Flood Relief Funds for Crypto Gamble

A South Korean civil servant is under investigation for allegedly embezzling government flood relief funds and using the stolen money to invest in cryptocurrency. The shocking case has sparked public outrage, raising concerns about financial oversight and corruption within government agencies. The Allegations According to local reports, the unnamed official, who worked in a regional government office, was responsible for …

12 March

NFT Firm Takes LVMH to Court Over Patent Infringement in Digital Fashion Clash

The battle between traditional luxury and digital innovation has taken a legal turn as an NFT company has filed a lawsuit against LVMH (Louis Vuitton Moët Hennessy), accusing the global fashion giant of patent infringement in the digital collectibles space. The case highlights the growing intersection between blockchain technology and high fashion, raising questions about intellectual property rights in the …

12 March

Rep. Nick Begich Joins Crypto Push with Companion Bill to Sen. Lummis’ BITCOIN Act

In a significant move for cryptocurrency regulation, Rep. Nick Begich (R-AK) has introduced companion legislation to Sen. Cynthia Lummis’ BITCOIN Act, reinforcing efforts to establish a clear legal framework for Bitcoin in the United States. This coordinated legislative push signals a growing recognition of Bitcoin’s role in the financial system and the need for regulatory clarity. What is the BITCOIN …

12 March

Japan’s Metaplanet Buys the Dip, Snaps Up 162 BTC in $13.5M Crypto Bet

In a bold move amid market volatility, Japan-based investment firm Metaplanet has purchased 162 Bitcoin (BTC) worth $13.5 million, doubling down on its strategic shift toward Bitcoin as a reserve asset. The acquisition comes as Bitcoin experiences a price dip, presenting an attractive opportunity for institutional buyers looking to strengthen their crypto holdings. Metaplanet’s Growing Bitcoin Strategy Metaplanet, often compared …

12 March

US House Takes Aim at IRS DeFi Broker Rule in Push for Crypto Freedom

In a major win for the crypto industry, the U.S. House of Representatives is moving to dismantle the IRS’s controversial DeFi broker regulation, which critics argue threatens innovation and decentralization. The proposed repeal signals a growing push to ensure that decentralized finance (DeFi) remains free from overreaching tax requirements. What Is the IRS DeFi Broker Rule? The rule, introduced as …

12 March

Spain’s Banking Giants CaixaBank, Kutxabank, and Renta 4 Gear Up for Crypto Services – Report

In a major shift toward cryptocurrency adoption, CaixaBank, Kutxabank, and Renta 4—three of Spain’s leading financial institutions—are reportedly preparing to launch crypto-related services. This move signals a growing institutional embrace of digital assets in Spain, aligning with the global trend of traditional banks integrating cryptocurrency solutions. Spain’s Banks Enter the Crypto Space According to local reports, these banks are exploring …

12 March

SEC Hits Pause: Crypto Spot ETF Approvals Delayed Again

The U.S. Securities and Exchange Commission (SEC) has once again postponed its decisions on several crypto spot exchange-traded funds (ETFs), keeping investors and institutions waiting for regulatory clarity. The delay extends the uncertainty surrounding spot Bitcoin and Ethereum ETFs, which many see as a key milestone for mainstream adoption of digital assets. What’s Behind the Delay? The SEC cited the …