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XRP To Pass Bitcoin, US Veteran Claims Amid War Forecast
A retired US Army combat medic has predicted that XRP will overtake Bitcoin as the world’s most valuable cryptocurrency — a claim that would require XRP’s price to climb from $1.41 to nearly $24. Related Reading: Iran’s Crypto Market Shaken As Outflows Skyrocket 700% A Long Road To The T...NewsBTC
Thu, Mar 5
Bitwise Backs Bitcoin Devs With Over $380K In Donations
When Bitwise Asset Management launched its Bitcoin ETF in January 2024, it made a promise: hand over 10% of gross profits every year to the people who keep Bitcoin running. Fourteen months later, that promise is still being kept — and the checks are getting bigger. A Growing Commitment To Open-Sourc...Bitcoinist
Thu, Mar 5
Justin Sun, Tron Entities Reach Settlement With US SEC, $10M Fine Imposed
The US Securities and Exchange Commission (SEC) has settled its civil fraud case against Tron (TRX) blockchain founder Justin Sun, bringing an end to the legal proceedings that began in 2023. As part of the settlement, one of Justin Sun’s companies will pay a $10 million civil penalty, and the regul...Bitcoinist
Thu, Mar 5
FBI picks up John ‘Lick’ Daghita, contractor accused of $46M BTC theft
The government contractor’s son accused of stealing cryptocurrency assets seized by the U.S. government has been apprehended in the Caribbean through the collaboration of the FBI and the French authorities. ZachXBT first caught on to John Daghita’s alleged crime after he bragged and showed off his stolen wealth in a Telegram group chat. Daghita was […]Cryptopolitan
Thu, Mar 5
Bitcoin Consolidates Near Key Support Band — $77,000 Holds The Key To The Next Move
Bitcoin is consolidating near a crucial support band, with $77,000 emerging as the key level to watch. A breakout above it could signal bullish momentum and a trend reversal, while failure to hold may keep Bitcoin in a corrective phase or push it lower. Bitcoin Re-Approaches Critical High-Timeframe ...NewsBTC
Thu, Mar 5
Bitcoin Supply Shift: 212,000 BTC Moves Into Long-Term Holder Hands, Price Nearing A Bounce?
The price of Bitcoin has been struggling with heightened volatility across the broader cryptocurrency sector, but investors’ action is telling a different and interesting story. In present times, there appears to be a persistent demand for BTC, as seasoned investors load up heavily on the crypto lea...Bitcoinist
Thu, Mar 5
Nvidia has stopped making AI chips for China
Nvidia has stopped making AI chips meant for China and is redirecting that capacity into its next platform, Vera Rubin, betting that regulation in Washington and Beijing will keep blocking China sales. A report from Financial Times alleges that Nvidia has moved manufacturing slots at Taiwan Semiconductor Manufacturing Company (TSMC) away from the H200 and […]Cryptopolitan
Thu, Mar 5
US grid watchdog objects to Maryland power plant sale, cites data center demand concerns
By Laila KearneyNEW YORK, March 5 (Reuters) - A watchdog for the largest U.S. electrical grid urged federal regulators to reject the sale of a Maryland power plant, citing concerns that energy from the plant could be diverted for the use of data centers at a time of shrinking electricity supplies on...Reuters
Thu, Mar 5
NYSE parent Intercontinental Exchange partners with OKX, invests at a $25B valuation
OKX announced an investment from Intercontinental Exchange (ICE), raising its valuation to $25 billion, alongside a partnership to expand regulated crypto futures and tokenized equity offerings globally.Fxstreet
Thu, Mar 5
Hyperliquid Policy Center Maps Out Multi-Year Agenda, CEO Sets 3 Key Goals
Jake Chervinsky, CEO of the newly formed Hyperliquid Policy Center (HPC), has laid out a policy roadmap aimed at reshaping how decentralized finance (DeFi) is regulated in the United States. Hyperliquid Policy Center Pushes For Clear DeFi Rules In a recent interview with Flood, Chervinsky discussed ...Bitcoinist
Thu, Mar 5
Bitcoin Just Flashed Death Cross That Has Led To Previous Bottoms, But What’s The Target?
Bitcoin (BTC) has just flashed a ‘Death Cross,’ a technical signal that has historically preceded major market bottoms. Market analyst CrypFlow, who identified the chart pattern, notes that the current setup is unfolding almost identically to the 2022 bear market cycle. In his analysis, he outlines ...NewsBTC
Thu, Mar 5
Altcoin Season Explosion: What Happens If Bitcoin Dominance Starts To Cool Off?
Crypto analyst Cyril has predicted that altcoin season could be on the horizon as Bitcoin dominance cools off. Crypto analyst Mark also flagged that the business cycle remains in an expansion stage, which could be bullish for altcoins. Altcoin Season On The Cards If Bitcoin Dominance Cools Off In an...Bitcoinist
Thu, Mar 5
US regulators say banks won't face extra capital charges on tokenized securities
By Pete Schroeder and Hannah Lang WASHINGTON, March 5 (Reuters) - U.S. banking regulators clarified on Thursday that banks should not have to hold additional capital against losses when dealing with blockchain-based securities, saying their rules are "technology neutral."The Federal Reser...Reuters
Thu, Mar 5
US bank regulators clarify banks do not face extra capital requirements for holding tokenized securities
WASHINGTON, March 5 (Reuters) - U.S. banking regulators clarified Thursday that banks should not have to hold additional capital against losses when dealing with tokenized securities, saying their rules are "technology neutral."The Federal Reserve, Federal Deposit Insurance Corporation and O...Reuters
Thu, Mar 5
Core Scientific secured $500 million from Morgan Stanley amid plans to liquidate its BTC portfolio in 2026 to finance AI expansion
Core Scientific has secured a $500 million loan facility from Morgan Stanley, with an accordion feature that could extend total commitments to $1 billion, in the most significant institutional endorsement yet of the digital infrastructure company’s transformation from Bitcoin miner to artificial intelligence compute provider. The deal, priced at the Secured Overnight Financing Rate plus […]Cryptopolitan
Thu, Mar 5
Bitcoin rose about 12% after the Iran strike, while gold dipped
The global crypto market printed green following geopolitical tensions escalating in the Middle East. However, this rally managed to revive a long-running debate over a true safe-haven asset. Eric Balchunas noted that Bitcoin has climbed about 12% since the Iran strike, while gold prices have moved lower over the same period. Investors’ sentiment for digital […]Cryptopolitan
Thu, Mar 5
Bitcoin Shows Recovery, But Fear & Greed Index Remains In Extreme Fear
Data shows the Bitcoin Fear & Greed Index has remained inside the extreme fear zone despite the asset’s recovery back above $72,000. Bitcoin Fear & Greed Index Still Has An Extremely Fearful Value The “Fear & Greed Index” is an indicator created by Alternative that tell...Bitcoinist
Thu, Mar 5
China releases a five-year technology plan, pledging to push artificial intelligence across its economy
China released a five-year technology plan on Thursday, pledging to push artificial intelligence across its economy, just as a Middle East war began threatening the internet cables and data centers that US tech giants had staked their AI future on. The 141-page document, released at the opening of China’s National People’s Congress, mentions AI more […]Cryptopolitan
Thu, Mar 5
Bitcoin Liquidity Set To Expand With Morgan Stanley BTC ETF Option
Bitcoin’s market liquidity is poised to receive a significant boost as legacy financial giant Morgan Stanley moves toward offering its own BTC ETF option. The entry of such a major Wall Street institution into the BTC ETF space underscores growing confidence in BTC as an investable asset. It marks a...NewsBTC
Thu, Mar 5
