Will Ethereum price bottom at $1.6K?
Ethereum’s native token, Ether (ETH), dropped below $2,000 on March 10, and the altcoin has struggled to regain a position above the psychological level. While Bitcoin (BTC) and XRP (XRP) exhibited minor recoveries over the past 24 hours, Ether prices failed to display bullish momentum in the charts. The altcoin plummeted to a multi-year low […]
Memecoins—from internet jokes to crypto’s cultural engine
Opinion by: Sasha Ivanov, founder of Waves and Units.Network Not long ago, the idea that an internet joke could become a multibillion-dollar asset class seemed laughable. Today, memecoins are not just mainstream. They are reshaping entire market cycles. The US now has an official memecoin associated with the president. What started as a niche community […]
Abu Dhabi’s MGX backs Binance with $2B stablecoin investment
Abu Dhabi-based investment firm MGX has invested $2 billion in cryptocurrency exchange Binance, potentially marking one of the biggest funding deals in the industry’s history. In a March 12 announcement, Binance said the transaction was the first institutional investment in the cryptocurrency exchange. Once finalized, the deal will be funded entirely through stablecoins. Binance declined […]
Bitcoin battles US sellers as CPI inflation sees first drop since mid-2024
Bitcoin (BTC) saw a classic Wall Street sell-off on Mar. 12 as bears tempered a welcome US inflation slowdown. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price reverses at key bull market trendline Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching three-day highs of $84,437 on Bitstamp before reversing. The January print of the […]
US Bitcoin reserve vs. gold and oil reserves: How do they compare?
US reserves status quo: Gold, oil and the emerging role of Bitcoin The US government has long relied on gold and oil as reserve assets, but with the growing institutional adoption of Bitcoin (BTC), its potential role as a strategic reserve has increased substantially. This possibility and potential of the Bitcoin strategic reserve have seen […]
Bitcoin’s next catalyst: End of $36T US debt ceiling suspension
Bitcoin’s next significant price catalyst may arrive this Friday as the United States debt suspension period comes to an end, potentially injecting fresh liquidity into markets and driving a price rebound. The US Treasury hit its $36 trillion debt ceiling a day after President-elect Donald Trump’s inauguration on Jan. 20. Treasury Secretary Janet Yellen announced […]
Bank of Russia proposes to allow crypto purchases for select investors
The Russian central bank is considering a new experimental regime to legally authorize select Russian investors to trade cryptocurrencies. On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin (BTC). “In accordance with the instructions of the President of Russia, […]
Gemini crypto exchange adds USD payment rails for European institutions
Gemini crypto exchange, founded by Cameron and Tyler Winklevoss, is expanding its trading capabilities for institutional clients in Europe by introducing US dollar payment support Gemini has partnered with Liechtenstein-based Bank Frick to enable US dollar payment rails for institutional customers in the United Kingdom and Switzerland, the firm said in an announcement shared with […]
EU retaliatory tariffs threaten Bitcoin correction to $75K — Analysts
The European Union’s latest retaliatory tariffs have deepened macroeconomic uncertainty, prompting crypto analysts to forecast increased volatility for Bitcoin prices, which may drop below the critical $75,000 support level. The EU will impose counter-tariffs on 26 billion euros ($28 billion) worth of US goods starting in April, the European Commission announced on March 12, responding […]
Web3 gaming investors no longer throwing money at ‘Axie killers’
The Web3 gaming industry is facing tighter investment conditions as capital flows become more selective, with investors prioritizing sustainable projects over hype-driven fundraising. In February, Gunzilla Games Web3 director Theodore Agranat described blockchain gaming as a “game of musical chairs” in which the same capital cycles through different projects and “no new money” comes in. […]