Cryptocurrency News

12 March

Crypto Market Sinks 6% Amid Economic Jitters Over Trump’s Policies

The cryptocurrency market saw a sharp 6% decline, wiping out billions in value as concerns over former U.S. President Donald Trump’s economic policies rattled investor confidence. Bitcoin, Ethereum, and other major altcoins took a hit amid fears that potential policy shifts under a Trump administration could create uncertainty for financial markets and digital assets. What’s Driving the Sell-Off? Several factors …

11 March

Top Korean Crypto Market Maker Arrested in ‘Scam Coin’ Crackdown

South Korean prosecutors have arrested a top crypto market maker as part of an ongoing investigation into alleged fraudulent activities tied to so-called “scam coins.” The arrest marks another significant move in the country’s aggressive crackdown on crypto-related financial crimes. Authorities Target Market Manipulation According to reports, the arrested individual is a high-ranking executive of a major market-making firm, suspected …

11 March

Crypto Market Sheds 6% Amid Fears Over Trump’s Economic Policies

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 …

11 March

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 …

11 March

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 …

11 March

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, …

11 March

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 …

11 March

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 …

11 March

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 …

11 March

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 …