Cryptocurrency News

13 March

FSB: Russian Man Used Crypto to Fund Drones for Anti-Putin Militants

Russian authorities have arrested a man accused of using cryptocurrency to finance drone purchases for militant groups opposing President Vladimir Putin, according to a statement from the Federal Security Service (FSB). The case underscores growing concerns over the use of digital assets in conflict financing and anti-government movements. Crypto and the Alleged Drone Operation The FSB alleges that the suspect, …

13 March

Ethereum Headed for $1,500? Dip-Buying Opportunity or More Pain Ahead?

Ethereum (ETH) is facing increased selling pressure, with analysts warning that its price could drop to $1,500 in the near term. Amid market uncertainty, investors are debating whether this decline presents a buy-the-dip opportunity or signals further downside ahead. Why Is Ethereum Dropping? Several factors are contributing to Ethereum’s recent price struggles: Macroeconomic Pressures – Concerns over interest rate policies, …

13 March

California Senator Supports Bitcoiner for $500B Pension Fund Board Seat

In a significant move for Bitcoin advocates, a California state senator has thrown their support behind a pro-Bitcoin candidate for a seat on the board of one of the nation’s largest pension funds. The appointment, which would influence the management of nearly $500 billion in assets, signals a potential shift in how digital assets are viewed within traditional finance circles. …

13 March

India Nabs Garantex Founder Aleksej Bešciokov, U.S. Extradition Looms

Indian authorities have arrested Aleksej Bešciokov, the founder of Garantex, a cryptocurrency exchange accused of facilitating illicit financial transactions. The arrest, carried out in coordination with international law enforcement agencies, is expected to lead to Bešciokov’s extradition to the United States, where he faces serious charges related to money laundering and financial crimes. The Arrest and International Cooperation Bešciokov was …

13 March

Singapore & Vietnam Join Forces for Digital Asset Regulation

Singapore and Vietnam have taken a significant step toward strengthening regulatory oversight in the digital asset space. The two nations have agreed to cooperate on digital asset regulations, aiming to foster innovation while ensuring investor protection and financial stability. A Strategic Partnership for Digital Finance As digital assets continue to gain traction globally, regulatory clarity has become a key focus …

13 March

Bitcoin Under Fire: Miner Sell-Offs Trigger Increased Selling Pressure

Bitcoin is facing heightened selling pressure as miners offload significant portions of their holdings, according to recent data from CryptoQuant. This surge in miner sell-offs is contributing to downward price movements, sparking concerns about the short-term trajectory of the world’s leading cryptocurrency. Miners Increase BTC Liquidations Miners play a crucial role in the Bitcoin ecosystem, and their selling patterns can …

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 …