Crypto currencies rise sharply after U.S. President Trump announced the creation of a U.S. strategic crypto reserve, but a lack of detail about the plan causes them to trim some of their gains. "It's unclear if the U.S. government intends to go on a buying spree in the crypto market, or whether it w

By Katherine Long and Vicky Ge HuangHe is a college dropout who hawked energy drinks as a teen and sold Oreos to make rent. Under "skills" on LinkedIn, he listed "hustling expert."Last month, Hayden Davis, 28 years old, became the face of the highest-profile cryptocurrency scandal since the implosio

Cryptocurrency exchange Binance will delist several stablecoins in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets (MiCA) regulation. The delisting will take effect on March 31, 2025, the exchange announced today (Monday).Meanwhile, speculation about Binance potentially

Binance is taking a major step to comply with the European Union's Markets in Crypto-Assets (MiCA) regulations by delisting all non compliant stablecoin trading pairs for users in the European Economic Area (EEA).The move, set to take effect on March 31, will impact nine stablecoins —Tether (USDT),

Losses to crypto scams, exploits and hacks totaled nearly $1.53 billion in February, with the $1.4 billion Bybit hack accounting for the lion’s share of losses, said blockchain security firm CertiK.The Feb. 21 attack on Bybit by North Korea’s Lazarus Group was the largest crypto hack ever, more than

TRUMP FLAGS CRYPTO RESERVE, MUM ON FUNDING It's been a bumper day for crypto fans after President took to social media to announce a proposed reserve of digital assets would include bitcoin , ether (ETH=), XRP (XRP=), solana (SOL=CCCL) and cardano (ADA=CCCL).Bitcoin is up around 10% while et

Cryptocurrency-related stocks in Asia saw significant gains on Monday amid a broader crypto market rally fueled by U.S. President Donald Trump's Sunday social media posts about establishing crypto reserves.Shares of Japan's Metaplanet closed up 21.15% on Monday, surging to 4,010 yen from the previou

Malaysian palm oil futures opened lower on Monday due to lower demand as the Islamic fasting month of Ramadan began and rival soyoil at Dalian market weighed on the market.The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange lost 61 ringgit, or 1.34%, to 4

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday.- - - - -GLOBAL MARKETSAsian share markets made guarded gains on Monday as investors waited anxiously to see if imminent tariffs would go ahead

David Sacks, the first-ever AI and Crypto Czar for the White House, confirmed on X that he sold his cryptocurrency holdings prior to the start of the Trump administration."Correct. I sold all my cryptocurrency (including BTC, ETH, and SOL) before the start of the administration," Sacks wrote on X on

A look at the day ahead in European and global markets from Wayne Cole.It's been a bumper day for crypto fans after President took to social media to announce a proposed reserve of digital assets would include bitcoin , ether (ETH=), XRP (XRP=), solana (SOL=CCCL) and cardano (ADA=CCCL).Bitcoin is u

DraftKings has agreed to pay $10 million to settle a securities class-action lawsuit from buyers of its non-fungible tokens (NFTs) that the gambling company sold through its now-shuttered marketplace.On Feb. 28, Boston federal court Judge Denise Casper granted a preliminary settlement motion filed d

An illegal crypto ATM operator has been sentenced to serve four years in prison for operating them — in the UK’s first criminal sentencing for unregistered crypto activity. Olumide Osunkoya illegally operated a network of crypto ATMs, which he did without the needed regulatory permission, the Financ

Chicago corn recovered on Monday from an almost seven-week low, while soybeans rose for the first time in four sessions on bargain-buying, although gains were limited by worries over the impact of U.S. President Donald Trump's tariffs.Wheat jumped more than 1%, rising from Friday's one-month low

US authorities are working to return $8.2 million in crypto frozen and seized from three scam addresses to victims of a con involving fraudulent messages and a fake investment scheme. The scam involved sending messages to random phone numbers pretending to have the wrong number. From there, the scam

The overall cryptocurrency market has grown by nearly 20% over the last 48 hours after President Trump's recent announcement boosted prices, with many coins recouping their losses from the selloff in late February. President Trump's announcement of a Crypto Strategic Reserve, which will hold Bitcoin

The end of the week has turned out to be bullish for most of the coins, according to CoinStats.CoinStats">The price of Cardano has risen by 2.48% over the past 24 hours.TradingView">On the hourly chart, the rate of ADA has broken the local resistance of $0.6761. However, most of the ATR has been pa

With all the recent perturbations in the cryptocurrency market, the price charts of digital assets look confusing, to say the least. One of the most baffling scenarios is XRP’s performance against Bitcoin.Right now, the price of the altcoin is estimated at 0.0000262 BTC. Worth mentioning, three mont

Bitcoin's price surged past $91,000 on Sunday after U.S. President Donald Trump announced a crypto strategic reserve for the world's biggest economy. In his initial announcement, Trump announced XRP, Solana , and Cardano as cryptocurrencies to be included in the reserve and later said BTC and ethe

A trader on decentralized perpetual swaps platform Hyperliquid has profited $7 million in just 24 hours after opening a leveraged long position ahead of Trump's crypto reserve announcement Sunday morning. The trader deposited about $5.6 million USDC to Hyperliquid, blockchain data show, using the fu