ZKsync's DeFi Steering Committee (DSC) said it will not renew ZKsync Ignite, its liquidity reward program, as the project shifts its focus to broader network expansion.The DSC confirmed that Ignite’s second season will not proceed and that the program will be discontinued on March 17. This also canc

Bitcoin price has been consolidating within a roughly $5,500 range since March 9 as the $84,000 level represents stiff overhead resistance.Data from Cointelegraph Markets Pro and Bitstamp shows BTC price oscillating between $78,599 and $84,000, as shown in the chart below.Key reasons why Bitcoin pr

The S&P 500 has now entered correction territory, defined as a 10% decline from its all-time high. A further 10% drop would signal a bear market. But is it time to panic? Since Bitcoin’s creation in 2009, the S&P 500 has experienced multiple 20% corrections. Following the 2008 global financial crisi

Spot gold surpassed $3,000 an ounce for the first time before retreating to $2,990. Gold futures for April delivery also broke the $3,000 mark on Thursday.The precious metal is now up over 15% this year, driven by strong ETF inflows, geopolitical uncertainty, and continued concerns over U.S. equitie

The U.S. Securities and Exchange Commission (SEC) is reportedly considering classifying XRP as a commodity rather than a security.This discussion is said to have emerged amid ongoing settlement negotiations between the agency and Ripple Labs, potentially signaling a shift in its regulatory stance.SE

ATLANTA, March 14, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot , a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, announced today that Chris Ryan has been appointed Chief Legal Officer. With a strong background in financial services, cryptocurrency, and regulatory compliance, Ryan

The crypto market is set to see $3.29 billion in Bitcoin and Ethereum options expire today, a development that could trigger short-term price volatility and impact traders’ profitability.Of this total, Bitcoin options account for $2.88 billion, while Ethereum options represent $417 million.Bitcoin

A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion.Chief Judge John Dorsey rejected FTX’s debtors’ argument that the amended proof of claim (POC) fro

For Iran's clerical leaders, engaging with the "Great Satan" to hammer out a nuclear deal and ease crippling sanctions may for once be the lesser of two evils.Though it harbours deep mistrust of the United States, and President Donald Trump in particular, Tehran is increasingly concerned that mo

In a new video, CryptoSensei (@Crypt0Senseii)—the founder of the Cryptonairz community—laid out a comprehensive argument for why he believes XRP could soar to four- and even five-digit price territory. The video, titled “THIS WILL GUARANTEE A $1000 XRP PRICE,” focuses on ten key factors that, accord

Around 35,000 Bitcoin options contracts will expire on Friday, March 14, and they have a notional value of roughly $2.9 billion.This week’s event is a little larger thanlast week’s, but a mammoth end-of-quarter $11 billion options contract expiry is due on March 28.The impact on spot markets is like

The U.S. dollar was broadly firmer on Friday with the euro pulling further away from a five-month peak as markets grappled with escalating global trade tensions and risks of a sharp economic downturn. Elsewhere, the yen gave up more of its recent gains as markets backed off a small chance of the

Cathie Wood's Ark Invest bought additional Coinbase shares worth $5.2 million for one of its exchange-traded funds on Thursday as the stock dipped 7.43%.The ARK Innovation ETF (ARKK) bought 29,353 Coinbase Global Inc. shares, worth about $5.2 million based on Thursday's closing price, according to i

TORONTO, March 14, 2025 (GLOBE NEWSWIRE) — The next web 3 unicorn isn’t another DeFi protocol or NFT marketplace, it’s Functionland, a decentralized powerhouse set to disrupt the $650 billion cloud computing and AI infrastructure industry. The web 3 ecosystem has witnessed the rise of unicorns lik

World Liberty Financial (WLFI), the Donald Trump-backed crypto project, has closed its token sale after raising approximately $590 million.The project's raise of $590 million would put it in the top-10 list of token raises, according to data curated by ICODrops. To date, the largest token sale is EO

Crypto venture funding in the U.S. clocked in at approximately $861 million for the first three months of 2025, but was dwarfed by artificial intelligence's nearly $20 billion haul, according to data provided by Pitchbook, showing how investors continue to show preference to AI.Data shows that inves

Ethereum , the world’s second-largest cryptocurrency by market capitalization, is experiencing a severe downturn, marking what could be its worst quarter in history.It comes amid a broader market lull, although for Ethereum, the outlook is concerning as the largest altcoin by market cap metrics cont

Goobit Group AB (“Goobit” or “the Company”) has published its Q3 Interim Report for the fiscal year 2024/2025, available on goobit.se. This quarter demonstrated significant growth in net sales alongside strategic initiatives aimed at expanding Bitcoin adoption and reinforcing regulatory compliance.

A U.S. bankruptcy court has given permission to failed crypto hedge fund Three Arrows Capital to increase its claim against FTX from $120 million to $1.53 billion.The U.S. Bankruptcy Court for the District of Delaware on Thursday ruled in favor of 3AC's amended claims despite the FTX bankruptcy esta

Russian companies have been using cryptocurrencies like Bitcoin and USDt to facilitate trade with China and India amid international sanctions, according to a Reuters report.Russian oil companies have used crypto assets including Bitcoin and Tether’s USDt for international trade, Reuters reported