Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin price seemed to be breaking out of its consolidation range early on in the week, rising to as high as $88,500 on Monday, March 24. However, the flagship cryptocurrency appears to be back to ground zero, retracing to around $84,000…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure We’re already looking for the best altcoins to buy after Vertical Research Advisory partner Kip Herriage pushed for GameStop to pour $2.5B into Bitcoin. Kip Herriage made his statement on Fox News, where he advised GameStop’s Ryan Cohen to invest at least…
Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative. On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual percentage rate (APR) of up to 23%, Cointelegraph reported. However, one…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Decentralized finance (DeFi) protocols might no longer report to American tax authorities after the US Senate repealed the IRS “broker” rule. Many analysts believe that US President Donald Trump will issue a resolution in the upcoming weeks adopting the Senate’s legislative action…
The global stablecoin supply could surge to $1 trillion by the end of 2025, potentially becoming a key catalyst for broader cryptocurrency market growth, according to CoinFund managing partner David Pakman. “We’re in a stablecoin adoption upswell that’s likely to increase dramatically this year,” Pakman said during Cointelegraph’s Chainreaction live show on X on March…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is trading below a crucial demand zone as bears regain control of the market, ending a brief period of optimism and minor upward movement. Selling pressure has resumed after several days of calm, highlighting the ongoing uncertainty surrounding risk assets. Despite…
The New York State Attorney General’s (NAYG) recent legal action against Galaxy Digital over its promotional ties to the now-collapsed cryptocurrency Terra (LUNA) was unfair and an abuse of the legal system, says SkyBridge Capital and founder Anthony Scaramucci. “It’s LAWFARE, pure and simple due to an obscure but dangerously powerful New York law known…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Sam Bankman-Fried, currently serving a 25-year prison term, has a new home after completing an unauthorized interview with Tucker Carlson. Before the interview, SBF was housed at the Metropolitan Detention in Brooklyn, where the March 25th remote interview was conducted. The Brooklyn…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The European Insurance and Occupational Pensions Authority (EIOPA) has proposed a new regulation requiring insurers to maintain capital equivalent to the full value of their cryptocurrency holdings. The recommendation, included in a technical advice report to the European Commission on March 27,…
Ether’s (ETH) declining appeal as an investment comes from layer-2’s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says. “The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK,”…
