A weakening US dollar could be bullish for Bitcoin, but two metrics could be cause for concern in the short term, according to Real Vision crypto analyst Jamie Coutts. “While my framework is turning bullish as the dollar plunges, two metrics still raise alarms: Treasury Bond volatility (MOVE Index) and Corporate Bond spreads,” said Coutts…
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Online trading platform Robinhood has agreed to pay $29.75 million to settle several probes from the Financial Industry Regulatory Authority (FINRA) related to the company’s supervision and compliance practices. The settlement figure consisted of a $26 million civil fine and $3.75 million restitution to customers, FINRA said on March 7. Robinhood failed to “respond to…
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Crypto exchange Gemini to file for initial public offering Gemini is reportedly mulling an initial public offering this year, with Goldman Sachs and Citigroup involved in the process. The exchange, founded by billionaire twins Cameron and Tyler Winklevoss, has not made a final decision about the details of the listing, according to a March 7…
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Bitcoin prices have continued to retreat over the weekend and have fallen to just above $80,000 on March 10 in what one analyst has described as an “ugly start” to the week. It looks like Bitcoin (BTC) will retest $78,000, said BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes on X following the asset’s…
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The Liberal Party of Canada has announced Canada’s new prime minister is Mark Carney, a former central banker and Bitcoin critic with plans to fight back against the US’ recently introduced tariffs. Carney won on March 9 in a landslide vote to choose the replacement for Justin Trudeau, who held the position for over seven…
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Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve. The HB230 “Blockchain and Digital Innovation Amendments” bill now only provides Utah citizens with basic custody protections, the right to mine Bitcoin (BTC), run a node and…
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Bitcoin (BTC) still risks a crash to $75,000 as BTC price weakness accelerates into the weekly close. How low can BTC price action go before finding a bottom? Popular market participants weigh in as data from Cointelegraph Markets Pro and TradingView shows BTC/USD down over 3% on March 9. Bitcoin eats through bid liquidity Exchange…
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Only 4% of the global population currently holds Bitcoin (BTC), with the highest concentration of ownership in the United States, where an estimated 14% of individuals own BTC. According to a research report from River, a BTC financial services company, North America remains the continent with the highest adoption rate among individuals and institutions, while…
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Opinion by: Kai Wawrzinek, co-founder of Impossible Cloud Network It seemed like the punitive US Securities Exchange Commission crypto enforcement era was over, but former Chair Gary Gensler left us some truffles to unearth. Even after his departure, Gensler’s “regulation by enforcement” approach continues reverberating. We may be living under the first pro-crypto administration in…
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The widespread disappointment surrounding the US Strategic Bitcoin Reserve — hailed as a historic step for Bitcoin adoption — suggests unrealistic investor expectations, according to regulatory experts. President Donald Trump signed an executive order on March 7, which will utilize Bitcoin (BTC) seized in government criminal cases rather than purchasing the asset directly from the…
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