Crypto

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Japanese investment firm Metaplanet has added more Bitcoin to its portfolio, bringing its total holdings past 3,000 BTC. The company recently acquired 162 BTC at an average price of ¥12.39 million ($83,635) per Bitcoin. With this purchase, Metaplanet now holds…

Source: Coin Tegraph Crypto trading volumes and dwindling digital asset prices are flashing signs of trader exhaustion and potentially weaker market momentum, according to analysts.  Crypto-wide trading volume has been dropping since it peaked in February amid dip-buying opportunities. According to CoinGecko data, daily trading volume hit its highest level this year in early February…

Source: Coin Tegraph 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…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After experiencing a massive price crash, Dogecoin (DOGE) and Shiba Inu (SHIB) continue to struggle to recover, currently trading at significant lows. Despite this broader market downtrend, the Machine Learning Algorithm CoinCodex shares an optimistic forecast, offering a glimmer of…

Source: Coin Tegraph 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…

Source: Coin Tegraph A crypto trader fell victim to a sandwich attack while making a $220,764 stablecoin transfer on March 12 — losing almost 98% of its value to a Maximum Extractable Value (MEV) bot. $220,764 worth of the USD Coin (USDC) stablecoin was swapped to $5,271 of Tether (USDT) in eight seconds as the…

Source: Coin Tegraph The Chicago Board Options BZX Exchange (Cboe) has submitted an application on behalf of asset manager Franklin Templeton to list a Solana (SOL) exchange-traded fund (ETF) in the United States. According to the March 12 filing, Franklin Templeton’s proposed ETF will hold spot SOL, and the filing encouraged the Securities and Exchange…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Europe appears to be leading the way in the financial industry’s transition to crypto. Institutions throughout Europe are responding to the United States’ crackdown on crypto-friendly banks by enhancing their efforts to foster a more hospitable environment for digital assets….

Source: Coin Tegraph Bitcoin’s (BTC) dominance has crested new highs as altcoins’ short-lived rally fizzles, according to data from Matrixport, a cryptocurrency financial services platform.  As of March 12, Bitcoin dominance — a measure of Bitcoin’s share of crypto’s overall market capitalization — stands at 61.2%, according to Matrixport. This is up from a cycle…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure South Korea’s financial authority has announced it will issue clear and comprehensive guidelines for intuitional crypto investment in the coming months. This move follows the Korean government’s efforts to speed up its regulatory shift toward the digital asset industry. South…