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…
Bitcoin, the leading cryptocurrency, dropped below $80,000 on March 9, 2025, sparking concerns among investors as a broader market sell-off unfolds. The price fell to around $79,500, marking a sharp decline from its recent peak of over $87,800 earlier in March, driven by a combination of profit-taking, macroeconomic uncertainty, and shifting investor sentiment. This drop…
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…
The much-anticipated White House Crypto Summit and the launch of the U.S. Strategic Bitcoin Reserve didn’t deliver as expected, leaving retail investors disappointed. Despite all the hype, there was no market rally to follow, and analysts are saying Trump-related events just aren’t sparking the action they once did. In a post on X on March…
Binance founder Changpeng Zhao, known as CZ, recently shared his perspective on X, cautioning that too much money in the crypto space is being spent chasing small, quick gains. On March 9, 2025, CZ tweeted, “Focus on ethical teams that build for the long term. Big money is built slowly with stamina,” urging investors to…
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…
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…
Fold Holdings, a U.S.-based Bitcoin financial services firm, has added 475 Bitcoin to its corporate treasury, bringing its total holdings to more than 1,485 BTC, as announced on March 8, 2025. This acquisition, valued at over $135 million at current Bitcoin prices of around $87,800, was financed through a convertible note issuance with a conversion…
FIFA, the global governing body for soccer, is signaling a major step into the cryptocurrency space, expressing interest in developing a FIFA token to engage its massive fanbase, according to statements made at President Donald Trump’s White House Crypto Summit on March 7, 2025. FIFA President Gianni Infantino revealed the organization’s plans during the summit,…
The BRICS alliance—comprising Brazil, Russia, India, China, and South Africa—is seeing growing interest from additional countries eager to join, signaling a potential shift in global economic power as of March 8, 2025. Following the bloc’s expansion in 2024, which added Egypt, Ethiopia, Iran, and the United Arab Emirates, over 40 nations have expressed interest in…