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In his latest video update, long-time market analyst and self-described “four-year cycle” trader Bob Loukas delivered a breakdown of Bitcoin’s current trajectory. Despite a roughly 22% pullback from its recent all-time high, Loukas asserts that the leading cryptocurrency’s price action remains “noth…
Global investment firm Sixth Street has invested $200 million in Figure Technology Solutions, a US-based lender that uses blockchain technology to boost efficiencies and lower costs in the lending market. According to a Feb. 27 report by The Wall Street Journal, the investment will allow Figure to i…
The cryptocurrency market is experiencing significant turbulence this week, with Solana (SOL) facing particularly steep challenges. As the excitement surrounding memecoins wanes, prices have dropped to their lowest levels in several months. Following the historic hack of the ByBit exchange and Presi…
Bitcoin’s sell-off continued for a third consecutive day as the price dropped to lows not seen since Nov. 11, 2024. At the peak of the correction, BTC (BTC) briefly traded at $82,256 before finding buyers but data suggests that further downside could occur before the market stabilizes. Independent m…
The U.S. dollar firmed in early Asian hours on Thursday as Treasury yields ticked higher while investors assessed the outlook for tariffs and the economy under President Donald Trump.Asian stocks were mixed with tech shares around the region getting little steer from heavyweight U.S. chipmaker a…
The U.S. Securities and Exchange Commission, the Tron Foundation and Justin Sun filed a joint motion Wednesday asking a federal judge to pause the securities regulator's ongoing case against the crypto entrepreneur and his company. The motion is similar to motions filed in the SEC's ongoing cases ag…
Just a few months after a new Congress rolled into Washington, lawmakers are starting to get cracking on crypto legislation with hopes that bills can get signed by President Donald Trump by the end of this year. "We're on the precipice of finally creating a bipartisan legislative framework for both …
XRP price declined by 16.8% between Feb. 23 and Feb. 26, leading to $79 million in leveraged long futures liquidations. Notably, the correction occurred despite a largely positive regulatory outlook and increasing odds of approval for a spot XRP exchange-traded fund (ETF) in the United States.At th…
By Frances YueWelcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch.Meme coins were having a moment not too long ago - but it seems that it has passed, for now.Last year, it was mostly bitcoin and meme coins that led digital-asset gains. In 2024, bitcoin (BTCUSD) ro…
The U.S. Securities and Exchange Commission has closed its investigation into crypto exchange Gemini and will not be pursuing enforcement action, according to a post on Wednesday."This comes 699 days after the start of their investigation and 277 days after they sent us a Wells Notice," Gemini co-fo…
The U.S. Securities and Exchange Commission, the Tron Foundation and Justin Sun filed a joint motion Wednesday asking a federal judge to pause the securities regulator's ongoing case against the crypto entrepreneur and his company.The motion is similar to motions filed in the SEC's ongoing cases aga…
The growing M2 global money supply could trigger a major Bitcoin rally, but an analyst cautions against betting everything on the emerging signal.“This isn’t a market to bet your whole stash on a quick correction, but our central scenario is still for a strong March and beyond,” Pav Hundal, the lead…