Blockchain

Bitwise Files for Spot Aptos ETF: A Game Changer in Cryptocurrency In a significant move for the cryptocurrency market, Bitwise has officially filed an application for a spot Aptos ETF on March 5. This layer-1 blockchain, developed by a team of former Facebook employees, was once heralded as a potential “Solana killer.” The filing represents…

Credit: Image by Yahoo via YAHOO NEWS Bitcoin Volatility Hits New Highs Amid US Crypto Reserve and Trade War Fears Bitcoin’s volatility is soaring to cycle highs as concerns over a potential trade war and the establishment of a US cryptocurrency reserve intensify. According to data from TradingView and Glassnode, the market is experiencing conflicting…

Ethereum (ETH) Price Stagnates Below $2.2K: Key Factors Behind the Struggle Ethereum (ETH) has recently faced significant challenges, with its price hovering below the crucial $2,200 mark. After a notable surge of 14.2% from the $2,000 support level on March 4, ETH has struggled to maintain its momentum. This underperformance is evident as it lags…

Silk Road Founder Ross Ulbricht’s Political Comeback Less than two months after receiving a pardon from US President Donald Trump, Silk Road founder Ross Ulbricht attended a March 4 joint session of Congress. After spending over 11 years in prison for his involvement with the darknet marketplace Silk Road, Ulbricht seems eager to re-enter the…

CleanSpark Boosts Bitcoin Treasury by 6% in February In a significant move for the cryptocurrency market, CleanSpark has reported a 6% increase in its Bitcoin treasury during February. The company mined a total of 624 Bitcoin, valued at over $55 million based on Bitcoin’s spot price of approximately $89,000 as of March 5. This information…

Sean Casten’s Warning on Crypto-Friendly Regulations During a pivotal hearing on March 5, 2025, US Representative Sean Casten, a prominent figure from Illinois, voiced serious concerns regarding the implications of “crypto-friendly rules” on national security. This statement came during discussions surrounding H.R. 1716, known as the “Taiwan Conflict Deterrence Act of 2025.” Casten’s remarks have…

Credit: Image by Yahoo via YAHOO NEWS SEC Ends Yuga Labs Investigation Amid Trump’s NFT Marketplace Trademark Filing This week’s Nifty Newsletter brings significant updates from the NFT and metaverse landscape. The US Securities and Exchange Commission (SEC) has officially dropped its investigation into Yuga Labs, a leading NFT firm. In a related development, former…

Credit: Image by Yahoo via YAHOO NEWS Turkish Law Firm Challenges Crypto Payment Ban In a groundbreaking move, Turkish law firm GlobalB is set to challenge the country’s controversial ban on crypto payments in a hearing scheduled for May 28. According to Sima Baktaş, the founding partner of GlobalB, this legal action aims to highlight…

Credit: Image by Yahoo via YAHOO NEWS XRP/ETH Pair Poised for a 160% Rally Amid Bull Market Cycle Insights The cryptocurrency landscape is buzzing with excitement as the gap between XRP and Ethereum’s market capitalization has significantly narrowed since November 2024. Over the past four months, this gap has decreased by approximately 33%, igniting discussions…

XRP Traders Anticipate Explosive Rally to $5.85 as Key Support Holds Strong! XRP’s price is currently trading 28% above its recent lows of $1.94, which were reached on February 28. Over the last 24 hours, the altcoin has seen a significant increase of 6.5%. Traders remain hopeful for a rally as XRP holds above a…