The Bank of Russia has submitted proposals to the government to establish a regulated framework for cryptocurrency investments under a three-year experimental legal regime (ELR), as announced on March 12, 2025, following directives from the Russian president. This initiative would allow a limited group of “particularly qualified” investors to buy and sell digital currencies, aiming…
The U.S. Securities and Exchange Commission (SEC) is reportedly on the verge of concluding its years-long legal battle against Ripple Labs, the company behind the XRP cryptocurrency, according to sources cited by former FOX Business journalist Eleanor Terrett on March 12, 2025. The SEC initiated its lawsuit against Ripple in 2020, marking one of the…
Pi Network’s price has surged by 20% in the past 24 hours, currently trading at $1.60 on March 12, 2025, though it remains down over 45% from its all-time high of $2.98, reached in February. Despite this decline, Pi is holding steady at the $1.30-$1.40 local support level, gaining momentum as Pi Day approaches on…
Ethereum’s price is facing challenges in recovering the $1,900 mark, trading at $1,876 on March 12, 2025, as weak decentralized finance (DeFi) metrics and increased competition from other blockchains weigh on its value. According to DefiLlama data, Ethereum’s total value locked (TVL) has dropped sharply from $63 billion in January to $44 billion in February,…
While panic selling has driven Bitcoin’s price below $80,000, large holders—known as whales—have seized the opportunity, aggressively accumulating over 65,000 BTC in the past month, according to on-chain data from CryptoQuant shared on March 11, 2025. As Bitcoin struggled near the $80,000 mark, dropping to an intraday low of $76,780 before slightly recovering to around…
Binance released the results of its global user survey on March 11, 2025, revealing the most influential figures in the crypto, blockchain, and Web3 industries, based on insights from over 12,000 users worldwide. As expected, Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), was named the most influential figure overall, with about one in three…
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…
Ethereum (ETH) has taken a significant hit, falling more than 8% as rumors swirl on social media suggesting that the Ethereum Foundation could face a $100 million liquidation if ETH’s price drops to $1,100. The speculation has been running wild on the social media platform X, with traders fearing that if Ethereum’s price falls further,…
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…
