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Cryptocurrency News

Location American Cryptocurrency News for 12 March 2025
Congress Torches IRS Crypto Rules in Major Win for Digital Assets Congress just delivered a massive win for crypto innovation, overturning the controversial IRS crypto rules that critics say stifled digital asset growth and pushed development overseas. US House and Senate Overturn IRS ...
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Puerto Rico Court Fines Man $10K Daily for Refusing to Surrender 119 Bitcoin A federal court in Puerto Rico has held Juan Carlos Reynoso in contempt for refusing to surrender 119.65 BTC worth approximately $9.7 million, imposing a $10,000 daily fine until he complies with a seizure order. Defenda...
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Rumble embraces Trump-era crypto strategy with $17M BTC purchase Video-sharing platform Rumble says it had purchased more than $17 million worth of Bitcoin as part of a previously announced investment strategy. In a March 12 notice, Rumble said it had added 188 Bitcoin (BTC) to its tr...
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Bitcoin dominance hits new highs, alts fade: Research

Coin Telegraph - 12 Mar 2025 22:55
Bitcoin dominance hits new highs, alts fade: Research 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...
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Bitcoin dominance hits new highs, alts fade: Research

Coin Telegraph - 12 Mar 2025 22:55
Bitcoin dominance hits new highs, alts fade: Research 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...
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Bit Bonds: Newmarket CEO Proposes Bitcoin-Infused Strategy to Tackle National Debt Andrew Hohns, founder of Newmarket Investment Management, unveiled a proposal for U.S. “Bit Bonds” designed to leverage bitcoin’s growth to reduce national debt, lower interest rates, and empower household savings ...
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Rakurai Raises $3M Seed Round to Accelerate Development of High Throughput Solana Nodes This content is provided by a sponsor. PRESS RELEASE. San Francisco – 12th March 2025: Rakurai, the infrastructure project supercharging Solana staking, has closed a $3 million seed funding round led by Anagram Venture...
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QCP Insights: Bitcoin Holds $82K As SEC Delays ETF Decisions for Top Altcoins The U.S. SEC has delayed decisions on spot ETFs for major altcoins including XRP, SOL, ADA, and DOGE until May, citing the need for further review. Meanwhile, the agency will host a key roundtable to address crypto asset...
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Cboe BZX files Solana ETF application on behalf of Franklin Templeton 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 f...
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Hyperliquid Absorbs $4M Loss as Whale Nets $1.8M Profit in Ethereum Trade A trader on decentralized exchange Hyperliquid exited a $200 million leveraged ethereum trade with a $1.8 million profit, while the platform’s liquidity pool absorbed a $4 million loss, prompting leverage adjustments t...
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Meme Index Poised for 10x Gains in Q4 as $4M Presale Nears April Launch This content is provided by a sponsor. Meme Index (MEMEX) is rewriting the meme coin playbook with its clever approach to investing, having now secured $4 million in presale funding ahead of its April launch. With a grow...
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Franklin Templeton Aims to Launch Solana ETF, Files With SEC Franklin Templeton has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the Franklin Solana ETF, a new exchange-traded fund designed to track the price of the cryptocurrency Solana (S...
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Will Ethereum price bottom at $1.6K?

Coin Telegraph - 12 Mar 2025 18:19
Will Ethereum price bottom at $1.6K? Ethereum’s native token, Ether (ETH), dropped below $2,000 on March 10, and the altcoin has struggled to regain a position above the psychological level. While Bitcoin (BTC) and XRP (XRP) exhibited minor recoveries ove...
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Price analysis 3/12: BTC, ETH, XRP, BNB, SOL, ADA, DOGE, PI, LEO, HBAR Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correc...
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The GENIUS stablecoin bill is a CBDC trojan horse -- DeFi exec The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized tr...
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US Inflation Dips to 2.8%, But Blockchain Data Suggests It's Even Lower On Wednesday, the U.S. Bureau of Labor Statistics unveiled its latest findings, revealing that February's Consumer Price Index--a key measure of inflation--eased to 2.8%, coming in slightly under the anticipated 2.9%. CP...
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Bitcoin Stalls Even as Inflation Cools

Bitcoin.com - 12 Mar 2025 17:29
Bitcoin Stalls Even as Inflation Cools The digital asset traded just below $82,000 this morning despite positive macroeconomic data that shows tempered inflation. Bitcoin Flatlines as Inflation Eases The dominant cryptocurrency remained mostly flat over the p...
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Binance Secures Historic $2 Billion Crypto Investment From Abu Dhabi's MGX Abu Dhabi-based MGX has invested $2 billion in Binance, marking the largest institutional investment ever in a crypto company and the largest ever paid in stablecoins. The deal cements Binance's dominance and signals gro...
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Rumble Buys 188 BTC as Part of $20M Bitcoin Treasury Strategy Video platform Rumble has purchased 188 BTC for $17.1 million, strengthening its push into the crypto space. The buy aligns with Rumble’s $20 million bitcoin treasury strategy. Rumble Acquires $17.1 Million in Bitcoin ...
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XRP News: XRPTurbo Set To Enhance XRP DeFi Ecosystem With AI-Powered DApps And Tokenization Tools This content is provided by a sponsor. PRESS RELEASE. The XRP ecosystem is experiencing a transformative shift. Despite recent fluctuations in XRP’s price and market sentiment, the Ripple blockchain continues to draw i...
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Bitcoin battles US sellers as CPI inflation sees first drop since mid-2024 Bitcoin (BTC) saw a classic Wall Street sell-off on Mar. 12 as bears tempered a welcome US inflation slowdown. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price reverses at key bull market trendline Data ...
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Bitcoin Faces Critical Juncture: Bear Market Threatens as Key Metrics Flash Red, Cryptoquant Warns Cryptoquant researchers warn bitcoin is teetering between historically undervalued levels and possibly the precipice of a prolonged bear market, with critical onchain metrics signaling heightened downside risks. Valuatio...
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