Bitcoin open interest marks 4-month low as volatility persists
Crypto market volatility discouraged digital asset speculation, flushing out Bitcoin leveraged positions despite the March 4 recovery bounce. Bitcoin (BTC) open interest backpedaled to $49 billion, or 558,914 BTC across exchanges, reaching a four-month low and revisiting levels last seen…
Vietnam to pilot digital currency exchange under new legal framework: Deputy Minister of Finance
Key Takeaways Vietnam will pilot a digital currency exchange platform under a new regulatory framework. The Ministry of Finance and State Bank are developing legal guidelines for digital assets. Share this article Vietnam will pilot a digital currency exchange platform…
Indian Authorities Select CoinDCX To Oversee Seized Digital Assets
India’s Enforcement Directorate (ED) has officially assigned CoinDCX to manage seized digital assets. The country’s financial crime regulator expects CoinDCX to provide a robust custody infrastructure to store and manage crypto assets confiscated during investigations into financial crimes. Commenting on…
Chainlink Sees Strong Accumulation as LINK Skyrockets 17% Daily
Despite recent market struggles, Chainlink has managed to stage a notable recovery. Over the past 24 hours, the altcoin rose by over 16% amidst high volatility. During this period, the top LINK wallets were found to have increased holdings to…
South Korean FIU unveils more AML restrictions in light of crypto crimes
South Korea’s Financial Intelligence Unit wants to strengthen anti-money laundering measures, specifically by enhancing ways to monitor crypto transactions. On March 5, the FIU revealed a number of strategies to prevent money laundering at the AML Inspection Trustee Council, according…
Trump’s crypto czar David Sacks confirms divesting from Solana backer Multicoin
Key Takeaways David Sacks divested from Multicoin Capital following scrutiny over Trump’s crypto stockpile plan. Sacks’ past investment in Solana through Multicoin generated approximately $1 billion in returns. Share this article David Sacks, the White House AI and Crypto Czar,…
Crypto.com Wants to Release 70 Billion CRO into Circulation, and the Community Is Having None of It: Everything You Need to Know
Crypto is no stranger to controversial proposals sparking bitter divides—Bitcoin and Bitcoin Cash stand as prime examples. While improvements have reduced the likelihood of hard forks, disagreements still surface. This week, Crypto.com is the talk of the town. The exchange…
Bitcoin Soars Back To $88,000 After BlackRock CEO Says “Buy The Dip”
Amid several days of massive Bitcoin volatility, the asset soared back above $88,000 on Tuesday after BlackRock CEO Larry Fink allegedly told investors to buy any short-term dips, as he expects an economic rally for later this year. Bitcoin traded…
Solana network upgrades could cut validator earnings
VanEck’s head of digital assets research, Matthew Sigel, has warned that upcoming Solana network upgrades could significantly impact validator earnings while raising centralization risks. Sigel outlined three major proposals — SIMD 096, SIMD 0123, and SIMD 0228 — in a…
BlackRock CEO sees rocky 2025, but bets on long-term tech boom amid escalating trade tensions
Key Takeaways BlackRock CEO Larry Fink anticipates market volatility and elevated inflation in 2025 due to trade tensions. Fink remains optimistic about long-term growth through technology transformation and AI advancements. Share this article BlackRock CEO Larry Fink expects market volatility…
