[ad_1] New York lawmakers have launched laws aimed toward defending cryptocurrency traders by focusing on scams often called rug pulls, the place challenge insiders abruptly abandon a challenge and drain investor funds.Assemblyman Clyde Vanel, chair of the New York Meeting’s Banks Committee, introduced Invoice A06515 on Wednesday, March 5. The invoice would set up legal penalties particularly aimed toward stopping cryptocurrency fraud and defending traders from what the business calls
[ad_1] Advertisment Dubai, United Arab Emirates, March sixth, 2025, Chainwire Bybit, the world’s second-largest cryptocurrency change by buying and selling quantity, turns into the primary platform to incorporate USDtb, a blockchain-based USD stablecoin created and managed by Ethena Labs, on its Spot change. USDtb combines the liquidity of stablecoins with the safety and transparency of institutional-grade U.S. Treasury belongings, marking a pivotal innovation within the evolution of digital {dollars}. USDtb
[ad_1] Brazilian fintech unicorn Meliuz introduced Thursday it has begun buying Bitcoin as a part of its new treasury administration technique, becoming a member of a rising pattern of conventional finance firms holding cryptocurrency belongings.On Thursday, March 6, Meliuz, which offers cashback and monetary know-how companies, introduced its entry into the cryptocurrency market, with the corporate’s board of administrators approving the buildup of as much as 10% of the corporate’s
[ad_1] Bitcoin’s current rally above the important thing psychological threshold of $90,000 proved short-lived, with analysts pointing to ongoing macroeconomic uncertainties and a big discount in institutional investments in cryptocurrency markets.Bitcoin (BTC) staged a close to 10% restoration to above $95,000 on March 2 earlier than forming a double-top chart sample round $94,200 on the every day chart, a setup that signifies an imminent worth decline.Bitcoin bottomed round $81,400 the
[ad_1] Bitcoin’s latest rally above the important thing psychological threshold of $90,000 proved short-lived, with analysts pointing to ongoing macroeconomic uncertainties and a major discount in institutional investments in cryptocurrency markets.Bitcoin (BTC) staged a close to 10% restoration to above $95,000 on March 2 earlier than forming a double-top chart sample round $94,200 on the every day chart, a setup that signifies an imminent worth decline.Bitcoin bottomed round $81,400 the
[ad_1] A pair of posts by President Donald Trump about his plans for a US crypto reserve “triggered a marketwide rebound” in cryptocurrencies on March 2, with international market capitalization growing almost 7% to $3.04 trillion, Cointelegraph reported.Nonetheless, on nearer examination, a crypto strategic reserve — presumably alongside the traces of the US Strategic Petroleum Reserve, created within the Nineteen Seventies after the Arab oil embargo — raises as many
[ad_1] A pair of posts by President Donald Trump about his plans for a US crypto reserve “triggered a marketwide rebound” in cryptocurrencies on March 2, with world market capitalization growing almost 7% to $3.04 trillion, Cointelegraph reported.Nonetheless, on nearer examination, a crypto strategic reserve — presumably alongside the traces of the US Strategic Petroleum Reserve, created within the Nineteen Seventies after the Arab oil embargo — raises as many
[ad_1] Ethereum’s MVRV Z-Rating, a key metric for assessing whether or not its native token, Ether (ETH), is overvalued or undervalued, has dropped to its lowest degree in 17 months, signaling that the second-largest cryptocurrency might be bottoming.Ethereum’s MVRV Z-Rating nears accumulation zoneThe MVRV Z-Score, which compares Ethereum’s market worth to its realized worth, is now near the inexperienced zone, traditionally related to undervaluation. This metric means that ETH could
[ad_1] Solana co-founder and CEO Anatoly Yakovenko stated he would favor no US crypto reserve, citing the dangers to decentralization if a authorities was in cost. On March 6, Yakovenko posted on X, sharing the order of his preferences concerning a US reserve of cryptocurrencies. The Solana co-founder stated his No. 1 desire could be having no reserve as a result of placing the federal government in cost might trigger decentralization
[ad_1] Solana co-founder and CEO Anatoly Yakovenko mentioned he would favor no US crypto reserve, citing the dangers to decentralization if a authorities was in cost. On March 6, Yakovenko posted on X, sharing the order of his preferences relating to a US reserve of cryptocurrencies. The Solana co-founder mentioned his No. 1 choice can be having no reserve as a result of placing the federal government in cost might trigger
