Opinion by: Ross Shemeliak, co-founder and chief operating officer of Stobox Following US President Donald Trump’s return, Coinbase saw the Securities and Exchange Commission drop its 2023 lawsuit, alongside Robinhood Crypto’s investigation closure. On Feb. 25, the SEC also ended its federal probe into Uniswap Labs, triggering market declines with Coinbase and Bitcoin (BTC), the…
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Bitcoin (BTC) has declined by more than 15% since Feb. 3—when US President Donald Trump threatened to impose tariffs on China, Mexico, and Canada—and was trading for as low as around $86,400 as of March 5. BTC/USD daily price chart. Source: TradingView Simultaneously, investors have withdrawn over $3.50 billion in assets from US-based Spot Bitcoin…
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For US citizens, tax season has arrived, and for crypto investors, this process entails checking multiple exchanges, wallets, decentralized exchanges and more to organize heaps of data and attempt to comply with Internal Revenue Service (IRS) crypto tax policies, which shift like grains of sand in a desert. Although President Donald Trump’s administration has proven…
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Animoca Brands reported $314 million in bookings for 2024, marking a 12% year-over-year increase. Bookings is a term commonly used in the gaming sector to represent the sum of revenue and deferred revenue. It includes all payments received and potential sales based on contracts not yet fulfilled. According to Animoca Brands, its Digital Asset Advisory…
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Bitcoin (BTC) has a 95% chance of staying above $69,000 forever, a classic BTC price forecasting tool says. In a post to X on March 4, network economist Timothy Peterson revealed a new floor level from the “Lowest Price Forward” metric. Peterson: $69,000 BTC price has 95% chance of holding Bitcoin remains highly sensitive to…
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Cryptocurrency banking firm Sygnum is partnering with crypto derivatives exchange Deribit, providing its off-exchange custody platform, Sygnum Protect. On March 5, Sygnum announced the expansion of Sygnum Protect, its off-exchange custody platform, to include Deribit, one of the world’s largest derivatives exchanges in crypto. This integration enables institutional Deribit traders to hold their assets in…
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The memecoin market has erased all of the gains that followed Donald Trump’s presidential victory in November 2024, having lost more than half of its value since December. According to CoinMarketCap data, the total market capitalization of memecoins stood at $54 billion on March 5, down 56% from $124 billion on Dec. 5, 2024. The…
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A US state securities regulator is set to propose a strategy to protect Americans from a surge in digital asset fraud driven by increasingly sophisticated artificial intelligence tools. Claire McHenry, Nebraska Department of Banking and Finance (NDBF) deputy director and president of the North American Securities Administrators Association (NASAA), is set to present her testimony…
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The European Securities and Markets Authority (ESMA) has added new comments on the status of stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA), adding to the ongoing uncertainty around their classification and use. On March 3, Binance announced plans to delist nine non-MiCA-compliant stablecoins, including Tether’s UDSt (USDT), for users in…
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Iris Ramaya Au, the former girlfriend of admitted crypto fraudster Adam Iza, dubbed “The Godfather,” has agreed to plead guilty to a federal criminal tax charge. Au pled guilty to a single count of giving a false tax return “for failing to report more than $2.6 million in ill-gotten gains she obtained via her then-boyfriend’s…
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