Bitcoin Slumps to $66K as Oil Breakout Adds Macro Pressure
Today’s Bitcoin (BTC) sell-off coincides with a massive breakout in crude oil prices, which surged past $110 per barrel on escalating Middle East tensions. The original cryptocurrency briefly dropped down to $66,010 on Monday, marking a 10% slide from its March 5 peak of $73,670. That energy shock is rattling risk assets globally. As oil […]
KAST raises $80 million at $600 million valuation to expand stablecoin payments platform
Funding will support product expansion, licensing and compliance as the company scales a platform for cross-border stablecoin payments.
Bithumb faces proposed 6-month partial ban over South Korea AML breaches
The suspension, according to local media reports, would only restrict virtual asset transfers for newly registered users, not affecting existing customer operations.
Nigel Farage invests $286K in UK Bitcoin treasury company Stack BTC
Nigel Farage has acquired a 6.31% stake in the London-listed Bitcoin treasury company Stack BTC amid broader scrutiny over crypto donations in UK politics.
U.S. Treasury signals shift on crypto mixers, acknowledges legitimate privacy uses
A congressional report on implementing the Genius Act acknowledges the existence of lawful uses for blockchain privacy tools even as U.S. regulators pursue enforcement cases tied to illicit finance.
Flow Foundation Moves to Court to Stop FLOW Token Delisting on Major South Korea Exchanges
The Flow Foundation and its parent company Dapper Labs filed a motion with the Seoul Central District Court on Monday. The request seeks to block the planned delisting of the FLOW token from three major South Korean exchanges. Upbit, Bithumb, and Coinone earlier announced that they would end FLOW trading support on March 16. The […]
Michael Saylor’s Strategy made $1.3 billion bitcoin purchase last week
The company now holds 738,731 bitcoin purchased for about $56 billion and worth roughly $50 billion at the current price just shy of $68,000.
$1.28 Billion Worth of Bitcoin (BTC): Strategy Announces Most Recent Purchase
Strategy, the world’s largest corporate Bitcoin holder, has announced a massive purchase worth $1.28 billion. The firm bought a total of 17,994 BTC at an average price of $70,946 per unit. This may explain last week’s surge in prices. With this, Strategy now holds a whopping 738,731 BTC, which it acquired for approximately $56 billion […]
Nasdaq Teams Up With Kraken to Deliver Tokenized Stocks
Payward, the infrastructure platform behind the popular US-based crypto exchange Kraken, has announced that it will be teaming up with Nasdaq. The initiative aims to develop tokenized equities and further bridge traditional capital markets with blockchain-based financial systems. The move highlights a growing effort within the traditional financial industry to modernize its infrastructure. As CryptoPotato reported earlier […]
Australian Exchange BTC Markets Seeks License to Launch Tokenized Real-World Asset Trading
Australian crypto exchange BTC Markets has informed regulators about plans to seek a license for tokenized real-world assets trading. The company notified the Australian Securities and Investments Commission about its intention to operate regulated tokenized markets. The move signals growing interest in tokenized finance within Australia’s digital asset sector. 🔍 BTC Markets Seeks License for […]
Why A U.S. Court Says Binance Is Not (Yet) Liable for Terrorist Crypto Flows
A lawsuit accusing the crypto exchange Binance of allowing terrorism financing by facilitating it has fallen apart after a US Federal court dismissed it. Not Terrorist Supporters The Troell et al. v. Binance case was dismissed in an opinion and order issued on March 6 by Judge Jeannette A. Vargas of the U.S. District Court […]
Bitcoin is beating stocks and gold as the Middle East conflict rattles global markets
Bitcoin has outperformed precious metals and U.S. equities since the war in Iran first began, softening sentiment after a rough start to the year.