Author: admin

Solana failed to settle above $90 and trimmed some gains. SOL price is now consolidating above $85 and showing a few bearish signs. SOL price started a decent recovery wave above $82 and $85 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $85.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $88 and $90. Solana Price Attempts Recovery Solana price remained stable and started…

Read More

Ripple announced plans on Wednesday to secure an Australian Financial Services License through the proposed acquisition of BC Payments Australia Pty Ltd, per a release shared with CoinDesk.The acquisition, which is still subject to completion, would allow Ripple to offer its full payments stack in Australia, covering onboarding, compliance, funding, foreign exchange, liquidity management, and payout through a single integration. Australian customers currently using Ripple Payments include Hai Ha Money Transfer, Stables, Caleb & Brown, Flash Payments, and Independent Reserve.”Australia is a key market for Ripple, and an AFSL strengthens our ability to scale Ripple Payments across the region,” said…

Read More

Aave has attracted nearly $800 million in deposits since launching on Mantle a month ago.Total value locked (TVL) on Mantle, the Ethereum Layer 2 network affiliated with the Bybit crypto exchange, reached a new all-time high on March 9, crossing the $1 billion mark for the first time at $1.06 billion, according to DefiLlama.The surge follows the launch of Aave, the largest lending protocol in decentralized finance (DeFi), on Mantle in mid-February. As of today, Aave on Mantle has surpassed $1.2 billion in total lending and borrowing market size.“Aave effect,” posted Aave founder Stani Kulechov.Mantle’s DeFi TVL surged nearly fourfold…

Read More

Bitcoin remains trapped in a broader corrective structure, but the price action is starting to stabilize after defending the $60,000 demand region. The daily chart still leans cautiously as BTC trades below the major moving averages and beneath the descending resistance trendline. That leaves the cryptocurrency at an important crossroads, where a push higher could extend the recovery toward overhead supply, while failure would keep the broader downtrend intact. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin is still trading inside a well-defined bearish structure, with the price capped below both the 100-day and 200-day moving averages.…

Read More

A class action lawsuit has been filed against prediction market Kalshi, alleging that the death carveout in the “Ali Khamenei out as Supreme Leader” market was not properly disclosed to users and that the platform failed to pay out winning trades.The plaintiffs said that the death carveout policy was “not incorporated into the user-facing rules summary,” and was not displayed in a way that would notify a “reasonable consumer” of the policy or its effects.“Defendants, themselves, later acknowledged that their prior disclosures were ‘grammatically ambiguous,’” the lawsuit filing said. The class action lawsuit against Kalshi. Source: Court ListenerKalshi voided trading…

Read More

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Satoshi Nakamoto’s Bitcoin holdings risk getting stolen as the quantum threat becomes more of a possibility. BTC developer Hunter Beast has notably proposed the Hourglass V2 proposal amid debates on the best way to handle Satoshi’s supply, to mitigate the impact of sell pressure that Bitcoin could face if these coins get stolen.  BTC Dev Provides Solution On How To Handle Satoshi Nakamoto’s Bitcoin Holdings Beast has proposed version 2 of the Hourglass proposal, which aims to reduce the Pay-to-Public-Key (P2PK) output that can be included in…

Read More

The victim offered a 10% bounty for any recovered funds and asked exchanges and investigators to help trace the transfers. A crypto holder known online as Sillytuna said on March 5 that attackers stole about $24 million worth of tokens after threatening him with violence during a real-world robbery. The incident has renewed concern about so-called “wrench attacks,” a form of crime where perpetrators use physical threats to force victims to hand over control of their crypto wallets instead of attempting to hack them. Victim Describes Violent Coercion In several posts on X, Sillytuna said the theft involved armed attackers…

Read More

In brief Colossus is attempting to bypass Visa and Mastercard by building its own sovereign credit card rail using an Ethereum layer-2 network. The company is leveraging its interpretation of the GENIUS Act to operate without the traditional KYC or AML requirements. The startup’s launch follows the total collapse of UnCash, which was shut down by a “corporate guillotine.” Joseph Delong’s desk looks less like a developer’s workstation these days and more like an electronics repair shop, littered with technology that crypto was pioneered to replace.That’s because the veteran Ethereum developer and former SushiSwap CTO has accumulated what he describes…

Read More

The Crypto Fear and Greed Index, one of the most widely used gauges of crypto investor sentiment, has fallen back down to “extreme fear” levels after briefly recovering on Wednesday.The Crypto Fear and Greed Index is at 18 at the time of this writing, down from the 20 recorded on Friday, according to CoinMarketCap. 20 signals “fear,” an atmosphere of caution among investors, but an improvement over rock-bottom market sentiment.Sentiment briefly spiked to 25 on Wednesday, but contracted as geopolitical tensions between the US, Israel and Iran continue to erode risk appetite and increase macroeconomic uncertainty among market participants. The…

Read More

U.K.-based Smarkets has applied to become a federally regulated prediction market exchange in the U.S.London-based betting exchange operator Smarkets has taken a formal step toward launching a federally regulated prediction market platform in the United States.A new filing posted to the Commodity Futures Trading Commission’s industry portal on March 4 shows Smarkets Board of Trade Exchange LLC applying to become a Designated Contract Market (DCM), the regulatory status that allows platforms like Kalshi, Crypto.com, and Polymarket US to offer event contract trading nationwide under federal commodities law. If approved, the designation would allow Smarkets to operate its own exchange and…

Read More