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Crypto Gets A Boost In Trump’s New National Cyber Strategy
US President Donald Trump’s new national cyber strategy names cryptocurrency and blockchain once and frames them as technologies the government must “protect and secure,” while also directing agencies to disrupt criminal uses that ride on those systems. Related Reading: Bitcoin Could Outshine Gold T...
Bitcoinist
Sat, Mar 7
Bitcoin ETFs saw $348M in outflows on March 6, the biggest since Feb 14
The fresh, sharp withdrawals from US crypto exchange-traded funds (ETFs) have revived concerns that Bitcoin’s rebound rally might just fade out now. However, some traders are signalling that the rally could prove to be a short-lived bull trap. BTC ETFs recorded a sell-off for the second consecutive day. More than $348 million flew out from […]
Cryptopolitan
Sat, Mar 7
XRP Whale Outflows Continue On Binance — What’s Happening?
According to recent on-chain data, large investors in the XRP market seem to be adjusting their positions. Further analysis suggests that if XRP finds favorable alignment with the current conditions, it could be at the start of a larger upside rally. 44 Million XRP Leave Binance Late In February In ...
NewsBTC
Sat, Mar 7
Iran has been under a near-total internet blackout for more than seven days
Iran stayed under a near-total internet blackout on Saturday as the war with the United States and Israel dragged into its second week. Internet monitor NetBlocks said the shutdown had now lasted a full seven days, with traffic inside Iran running at about 1% of normal levels. NetBlocks said the blackout had reached hour 168 […]
Cryptopolitan
Sat, Mar 7
What’s Driving Bitcoin And Ethereum Prices – And Why Investors Should Be Watchful
The crypto market has grown increasingly cautious as Bitcoin and Ethereum prices have crashed to former lows amid growing concerns about institutional flows and network fundamentals. Bitcoin’s recent decline below $70,000 appears closely tied to shifts in the demand for its exchange-trading fund (ET...
Bitcoinist
Sat, Mar 7
Alibaba says its coding AI agent began mining crypto and opening covert network tunnels without authorization
Alibaba gave AI fearmongers fresh ammunition when it revealed that an AI agent developed to assist with coding tasks was reported to have been caught going beyond the original intent of its deployment, mining cryptocurrency, and establishing covert network tunnels without authorization. Alibaba revealed this development in a technical report it first published in December […]
Cryptopolitan
Sat, Mar 7
Bitcoin Losing Strength — $66,000 Now The Line Between Recovery And Crash
Bitcoin is showing signs of weakening momentum as it struggles to regain higher ground, placing the market at a critical turning point. The $66,000 level has now emerged as a key support zone that could determine the next major move. Holding above it may give bulls a chance to spark a recovery, whil...
NewsBTC
Sat, Mar 7
$35M Diverted To Crypto: Ex-CFO Gets 2-Year Prison Term
He told his colleagues only after the money was gone. Nevin Shetty, the former chief financial officer of a Seattle-based tech startup, was sentenced Thursday to two years in federal prison after secretly transferring $35 million in company funds into a cryptocurrency platform he ran on the side — t...
Bitcoinist
Sat, Mar 7
South Korea is ending a nine-year "shadow ban" to allow 3,500 listed companies to invest in digital assets
Even though South Korea is ending a nine-year ban on its listed companies that prevented them from investing in digital assets, stablecoins like USDC and USDT are expected to be excluded under the new regulations. Corporations have made several arguments for why they should be allowed to trade stablecoins, including that it would help them […]
Cryptopolitan
Sat, Mar 7
Bitcoin ETFs Bleed $349M In A Day As Whales Dump, Small Buyers Step In: Analysts
Spot Bitcoin ETFs listed in the US recorded their steepest single-day outflow in nearly three weeks on Friday, with $349 million pulled from all 11 products combined, according to data from Farside. Related Reading: Stablecoin Market Breaks Records — USDC Controls 70% Of $1.8 Trillion Volume The wit...
NewsBTC
Sat, Mar 7
Markets expect Putin’s ceasefire calls to go unanswered as Palantir hits 15% weekly gain
Wall Street was put on notice last week when Palantir Technologies’ stock increased 15% as the rest of the market declined. The U.S. military’s battle with Iran has attracted investors to defense-related technology companies, helping the data analytics company flourish. About 60% of Palantir’s revenue comes from government clients, and it has been fortifying its ties […]
Cryptopolitan
Sat, Mar 7
Bitcoin Market At Uncertain Phase As Stagflation Fears In The US Rises — Details
In their latest post on CryptoQuant, XWIN Research Japan explores how developing affairs in the United States could affect the trajectory of Bitcoin and other risk assets in the near-term. According to the education institute, concerns of a potential stagflation period have begun to come up, which c...
Bitcoinist
Sat, Mar 7
Nintendo joins over 1,000 companies pushing the U.S. for refunds on 'illegal' Trump tariffs
Corporate resistance is on the rise as Nintendo joins over 1,000 other companies in suing the U.S. government over the imposition of “illegal” Trump tariffs.
Cryptopolitan
Sat, Mar 7
Ethereum Rising Wedge Warning: Breakdown Could Send Price Toward $1,500
Ethereum is showing early signs of a rising wedge formation, a pattern often associated with potential reversals. With key support under pressure, a breakdown from this structure could push the price lower, putting the $1,500 level firmly in focus as the next major target. A Rejection At Key High-Ti...
NewsBTC
Sat, Mar 7
Elon Musk Cosigns X Money Post, But Does It Have Anything To Do With Dogecoin?
Elon Musk’s intentions to launch a financial services app have not been a secret, but the question mostly has been how Dogecoin fits into that dream. Musk was the primary reason for Dogecoin’s legendary 33,000% rally back in 2021, calling it his favorite cryptocurrency. Now that the billionaire has ...
Bitcoinist
Sat, Mar 7
XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11
Crypto analyst Luke has drawn attention to an XRP bull flag breakout, which could send the price to $11, which would mark a new all-time high (ATH) for the altcoin. This comes as the altcoin faces further downside amid the U.S.-Iran war, which threatens to drag on for a long time. XRP Eyes Rally To ...
NewsBTC
Sat, Mar 7
Former Washington CFO bags two-year sentence for $35 million fraud
A former Washington CFO was sentenced to two years in prison for stealing $35 million from his employer to fund a crypto project.
Cryptopolitan
Sat, Mar 7
Binance Claps Back At Senator Blumenthal’s Allegations, Denouncing False Claims
Binance has formally responded to US Senator Richard Blumenthal (D-CT) following a congressional letter in which the lawmaker cited media reports alleging the company enabled large-scale violations of US and international sanctions involving Iran. In an open letter published Friday, Binance rejected...
Bitcoinist
Sat, Mar 7
Binance scores win in lawsuit dismissal, knocks back Senate down of $1.7B Iran-Russia ties
A Manhattan federal judge has dismissed a lawsuit that tried to hold the world’s biggest cryptocurrency exchange, Binance, and its founder responsible for allegedly funding what they said were terrorist groups. U.S. District Judge Jeannette Vargas threw out the case on Friday, ruling that the 535 people who filed the suit, victims and family members […]
Cryptopolitan
Sat, Mar 7
Bitcoin Difficulty Holds Flat As Hashrate Moves Sideways
On-chain data shows the Bitcoin Difficulty has seen little change in the latest adjustment as a result of the recent sideways trend in the Hashrate. Bitcoin Difficulty Has Only Seen A Change Of 0.45% In The New Adjustment The Bitcoin “Difficulty” refers to a metric built into the blockch...
Bitcoinist
Sat, Mar 7
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