Author: Chris Smith
JPMorgan Predicts Halving Could Send BTC to $42,000
Reading Time: < 1 minuteWith the upcoming halving, the pressure is expected to increase, potentially leading to a collapse in Bitcoin’s value to $42,000.
Outflows from Grayscale’s GBTC Reach $358M
Reading Time: < 1 minuteGrayscale’s Bitcoin exchange-traded fund (ETF) has experienced significant outflows over the past few days, with nearly $359 million leaving the fund on March 21.
Montenegro Confirms Do Kwon Will Be Extradited to South Korea
Reading Time: < 1 minuteDo Kwon is facing extradition to South Korea.
Coinbase Will Launch Dogecoin, Litecoin and Bitcoin Cash Futures Trading
Reading Time: < 1 minuteCoinbase plans to introduce futures trading for Dogecoin, along with Litecoin and Bitcoin Cash, as announced in three separate letters to the CFTC on March 7.
Goldman Sachs to Buy Claims on Liquidated Crypto Companies
Reading Time: < 1 minuteThe head of digital assets at Goldman Sachs has expressed interest in potentially investing in claims against failing cryptocurrency companies as well as exploring other options.
SEC Delays Decision on Hashdex and Ark 21Shares Ethereum ETFs
Reading Time: < 1 minuteThe decision timeline for approval of the Hashdex Nasdaq Ethereum ETF has been postponed by the Securities and Exchange Commission.
Galaxy Digital’s Assets Under Management Reach $10B
Reading Time: < 1 minuteGalaxy Digital’s Crypto investment firm has recently surpassed $10 billion in assets under management, as institutional interest in the digital asset market continues to rise.
SEC Accuses 17 People of Organizing CryptoFX Pyramid Scheme
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has taken legal action against 17 employees of CryptoFX.
New York Jury Convicts IcomTech Promoters of Wire Fraud
Reading Time: < 1 minuteA New York jury has found David Brend and Gustavo Rodriguez, two former promoters of IcomTech, an alleged crypto mining and trading company, guilty of wire fraud conspiracy.
Peter Schiff Regrets Not Buying Bitcoin
Reading Time: < 1 minuteHe now acknowledges that if he had followed the advice of experts and forecasters, he would have made a substantial profit by now.
SEC Exposes CryptoFX for Operating a Fraudulent Ponzi Scheme
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has accused 17 individuals of operating a $300 million Ponzi scheme through CryptoFX.
Mike Novogratz: Bitcoin Will Soar to $100,000
Reading Time: < 1 minuteAccording to Mike Novogratz, the CEO of Galaxy Digital, the price of the first cryptocurrency is not expected to drop below $50,000 unless a major event occurs.
Users Will Be Able to Use Brazil’s CBDC Offline
Reading Time: < 1 minuteThis feature will be particularly beneficial for residents in remote regions where internet connectivity is not stable.
The EU Greenlights New Sanction Rules Involving Crypto
Reading Time: < 1 minuteEU legislators have passed a set of regulations aimed at cracking down on violations of sanctions, particularly those involving digital currencies.
Donald Trump: Bitcoin is an Additional Form of Currency
Reading Time: < 1 minuteFormer US President and Republican Party leader Donald Trump has stated that he would not interfere with their use if he were to win the November election.
Users Lose $104M in Crypto Due to Phishing Attacks
Reading Time: < 1 minuteAn estimated 97,000 users were affected by phishing scams in the first two months of the year, resulting in a staggering $104 million in losses.
Ethereum Fees Reach Two-year High
Reading Time: < 1 minuteThe recent surge in meme coin frenzy has caused a spike in network activity, resulting in reduced inflation and a potential benefit for investors in Ethereum.
BlackRock Will Buy Spot Bitcoin ETFs
Reading Time: < 1 minuteBlackRock has recently updated its filing with the SEC stating that its Global Allocation Fund may invest in spot bitcoin exchange-traded funds (ETFs).
US Prosecutors Will Challenge Do Kwon’s Extradition
Reading Time: < 1 minuteThe United States government is contesting the latest decision by the high court in Montenegro to extradite Do Kwon, the former CEO of Terraform Labs, to South Korea.
FDUSD Loses Peg to US Dollar
Reading Time: < 1 minuteThe value of First Digital USD (FDUSD), a stablecoin backed by Binance, dropped on March 5 sharply to $0.92.
Spain Orders Worldcoin to Stop Collecting Data
Reading Time: < 1 minuteThe Spanish Agency for Data Protection (AEPD) issued a temporary order on March 6 to stop Worldcoin from collecting and processing data in Spain.
Deutsche Börse Rolls Out a Crypto Platform for Institutional Investors
Reading Time: < 1 minuteDeutsche Börse has launched a platform for spot trading of virtual currencies, catering to institutional investors.
ShapeShift Agrees to Pay $275,000 to SEC to Settle Charges
Reading Time: < 1 minuteOn Tuesday, the US Securities and Exchange Commission (SEC) announced a cease-and-desist order against cryptocurrency firm ShapeShift for engaging in unregistered securities dealing.
Coinbase Shares Rally
Reading Time: < 1 minuteDespite ongoing platform issues, Coinbase’s stock price has increased by nearly 4% in after-hours trading.
A CryptoPunk NFT is Sold for $16M
Reading Time: < 1 minuteOn March 4, Cryptopunk #3100, one of only nine “alien punks,” sold for 4,500 ETH.
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