Tech

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 …

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, …