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Canary Capital files with SEC for what could be the first Sui ETF

Canary Capital files with SEC for what could be the first Sui ETF

Canary Capital Group, an institutional crypto trading and management firm, filed for a Sui exchange-traded fund (ETF) with the Securities and Exchange Commission, according to a Mar. 17 filing with the agency. The fresh filing could pave the way for the first Sui ETF in the United States under an SE…

U.S. Treasury Secretary Bessent Calls Corrections Normal, Suggesting a Higher Pain Threshold for the 'Trump Put'

U.S. Treasury Secretary Bessent Calls Corrections Normal, Suggesting a Higher Pain Threshold for the 'Trump Put'

On Sunday, U.S. Treasury Secretary Scott Bessent described asset market corrections as healthy, suggesting a greater tolerance for pain before the much-anticipated policy support or the so-called 'Trump put" for the market, is enacted."I’ve been in the investment business for 35 years, and I can tel…

Bitcoin and XRP Slide. What's Weighing on the Cryptos. — Barrons.com

Bitcoin and XRP Slide. What's Weighing on the Cryptos. — Barrons.com

By George GloverBitcoin was edging lower Monday, with crypto investors still in a risk-off mood amid worries about faltering growth.The world's largest token was down 1% over the past 24 hours to $83,325, according to data from the crypto exchange Kraken. Other digital assets were also sliding: Ethe…

Hyperliquid’s mystery 50x ETH whale is now betting on LINK

Hyperliquid’s mystery 50x ETH whale is now betting on LINK

The cryptocurrency trader whose ultra-leveraged Ether trade tested Hyperliquid’s limits on March 12 has entered another multimillion-dollar position, this time in Chainlink , onchain data shows. On March 14, the anonymous whale, referred to on X as “ETH 50x Big Guy,” took out long positions in LINK…

US Rep. Byron Donalds to introduce bill codifying Trump’s Bitcoin reserve

US Rep. Byron Donalds to introduce bill codifying Trump’s Bitcoin reserve

A new bill set to be introduced in Congress aims to formalize President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve, a move that could further integrate Bitcoin into the nation’s financial strategy.Trump signed an executive order on March 7 to use Bitcoin seized in go…

Bitcoin-to-gold ratio breaks 12-year support as gold price hits a record $3K

Bitcoin-to-gold ratio breaks 12-year support as gold price hits a record $3K

Bitcoin breached a rising support trendline against gold (XAU), which has been intact for over 12 years, on March 14. Popular analyst NorthStar says this breakdown could spell the end of Bitcoin’s 12-year bull run if it stays under the gold trendline for even a week or—worse—a month. Is Bitcoin’s b…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, a new bill set to be introduced in Congress aims to formalize President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve, Democrat Representative Gerald Connolly has urged the US Treasury to halt any efforts for a US strategic crypto reserve, and former Bin…

U.S. Senate Takes First Big Step to Advance Stablecoin Bill

U.S. Senate Takes First Big Step to Advance Stablecoin Bill

The U.S. Senate Banking Committee has advanced the crypto industry's stablecoin regulation bill, a first major step toward getting the effort to President Donald Trump's desk to be signed into law.With its first committee approval, the bill that would regulate U.S. stablecoin issuers at the federal …

Banks acting as validators risks centralization — Everstake exec

Banks acting as validators risks centralization — Everstake exec

New US regulatory guidance allowing banks to become validators for blockchain networks is a major step for institutional adoption but worsens centralization risks, Bohdan Opryshko, chief operating officer of staking service provider Everstake, told Cointelegraph. On March 7, the US Office of the Com…

US CPI comes in lower than expected — Are rate cuts coming?

US CPI comes in lower than expected — Are rate cuts coming?

The latest US core Consumer Price Index (CPI) print, a measure of inflation, came in lower than expected at 3.1%, beating expectations of 3.2%, with a corresponding 0.1% drop in headline inflation figures.According to Matt Mena, crypto research strategist at 21Shares, the cooling inflation data adds…

Czech c.bank vice-governor sees room for two more rate cuts this year

Czech c.bank vice-governor sees room for two more rate cuts this year

Czech Central Bank Vice-Governor Eva Zamrazilova believes the bank has room for two more interest rate cuts of 25 basis points each this year, she told news outlet e15 in an interview published on Wednesday.The Czech National Bank resumed its interest rate-cutting cycle on in February, lowering …

 Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn’t ruling out that Bitcoin could slide to $70,000.Glassnode said in a March 11 markets report that a recent sell-o…