Author: Anshul

Toncoin OI Surges 67% as Durov Leaves France

Toncoin (TON) Open Interest (OI) surged 67% in the past 24 hours, following reports that Telegram founder Pavel Durov has left France, where he had been required to stay since his August 2024 arrest. According to CoinGlass data, Toncoin OI hit $169 million on March 15, marking its highest level since Feb. 1, when it […]

Stablecoin Market Hits $228B as USDT Leads the Surge

The stablecoin market has soared to $228.55 billion, gaining $4.23 billion in just 14 days, as demand for fiat-pegged digital assets continues to rise. At the top of the list is Tether (USDT), commanding $143.74 billion, making up 62.89% of the stablecoin market and 5.25% of the total $2.74 trillion crypto market. Meanwhile, Circle’s USDC […]

Court Approves 3AC’s $1.53B Claim Against FTX

A U.S. bankruptcy court has ruled in favor of Three Arrows Capital (3AC) liquidators, allowing them to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion. In a March 13 ruling, Chief Judge John Dorsey of the U.S. Bankruptcy Court for the District of Delaware dismissed FTX’s argument that the […]

Ark Invest Buys More Coinbase as Stock Drops

Cathie Wood’s Ark Invest has expanded its Coinbase holdings, purchasing an additional $5.2 million worth of COIN shares on Thursday, as the stock fell 7.43%. The ARK Innovation ETF (ARKK) acquired 29,353 shares of Coinbase Global Inc., taking advantage of the price dip to bolster its position in the leading U.S. crypto exchange. Ark also […]

LIBRA Crashes as Interpol Alert Sought for Key Figure

The LIBRA meme coin, once promoted by Argentina’s President Javier Milei, is facing another steep decline, crashing nearly 15% on Thursday and extending its total losses to 92% from its all-time high. As LIBRA continues its downward spiral, legal troubles surrounding the coin’s alleged mastermind, Hayden Davis, have intensified. Argentine lawyer Gregorio Dalbón has formally […]

U.S. Senate Moves to Establish Bitcoin Reserve

The United States is taking a major step toward financial innovation, as Sen. Cynthia Lummis (R-Wyo.) has reintroduced the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act in the U.S. Senate. Co-sponsor Sen. Roger Marshall (R-Kan.) emphasized the importance of embracing change to maintain America’s financial dominance: “America must adapt to stay […]

South Korean Official Stole $342K in Public Funds for Crypto

Fresh evidence has uncovered the full extent of a South Korean civil servant’s scheme to embezzle $342,000 (497.16 million Korean won) in public funds, including vital flood recovery donations, for personal crypto investments. The unnamed official, referred to as Person A, was sentenced to five years in prison last December for siphoning city budget and […]

Bitcoin Panic Selling Could Push BTC to $70K

Bitcoin buyers who entered at its $109,000 all-time high in January are now panic-selling, accelerating a market correction, according to on-chain analytics firm Glassnode. In its March 11 market report, Glassnode noted that the sell-off among top buyers has triggered “intense loss realization and a moderate capitulation event.” Short-Term Holders Drive Selling Pressure 🔹 Bitcoin’s […]