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Bitcoin Faces Selling Pressure as Miners Sell During Downturn

Bitcoin is struggling to recover from its recent lows, dropping to $77,700 on March 10, 2025, amid intense selling pressure from miners, macroeconomic uncertainty, and dashed hopes for a government Bitcoin reserve purchase. According to CryptoQuant analyst IT Tech, miners are increasingly moving their Bitcoin to exchanges as prices decline, acting as “forced sellers” to…

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Kraken Secures UK Electronic Money Institution License, Boosts Crypto Services

Kraken, a leading cryptocurrency exchange, has obtained an Electronic Money Institution (EMI) license from the UK’s Financial Conduct Authority (FCA) on March 10, 2025, enabling it to issue electronic money and streamline deposits and withdrawals for UK customers. This regulatory approval allows Kraken to forge partnerships with traditional financial institutions and introduce new products tailored…

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Movement Network Launches Public Mainnet Beta, Boosts DeFi with Ethereum Integration

The Movement Network Foundation has officially launched its Movement Public Mainnet Beta on March 10, 2025, at 8:00 AM PST (15:00 UTC), introducing permissionless smart contract deployment and a canonical Movement bridge, according to a press release shared with crypto news outlets. As the first Move-based blockchain to settle on Ethereum, Movement offers developers and…

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Robert Kiyosaki Warns of “Biggest Stock Market Crash,” Urges Gold, Silver, and Bitcoin Investment

Robert Kiyosaki, the bestselling author of “Rich Dad Poor Dad,” has declared that the “biggest stock market crash” he predicted in his 2014 book “Rich Dad’s Prophecy” is now underway, according to a recent tweet on March 8, 2025. The financial educator pointed to a critical vulnerability in today’s retirement systems, contrasting modern Defined Contribution…

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Federal Reserve’s Powell Cautious on Rates Amid Economic Uncertainty

Federal Reserve Chair Jerome Powell, speaking today at the U.S. Monetary Policy Forum in New York City on March 8, 2025, underscored the central bank’s cautious approach to monetary policy amid ongoing economic uncertainties. Powell reiterated the Federal Reserve’s readiness to maintain current interest rates, adopting a “wait and see” stance as it closely monitors…

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