Finance

March 12, 2025
Crypto News, Finance

US House Votes to Repeal IRS DeFi Broker Rule in Major Crypto Policy Shift

In a significant move for the decentralized finance (DeFi) industry, the U.S. House of Representatives has voted to overturn the Internal Revenue Service’s (IRS) controversial rule requiring DeFi platforms...

March 12, 2025
Crypto News, Finance

Starknet Unveils Plan to Bridge Bitcoin and Ethereum on a Unified Layer 2

Starknet has announced an ambitious plan to integrate Bitcoin as a settlement layer alongside Ethereum, aiming to connect the two largest blockchain networks on a single layer 2 platform....

March 12, 2025
Crypto News, Finance

ARKM Surges 55% After Upbit Listing but Struggles to Maintain Momentum

ARKM experienced a sharp 55% rally following its listing on the South Korean crypto exchange Upbit, only to surrender most of its gains within hours. The surge was fueled...

March 11, 2025
Crypto News, Finance

SEC’s Uyeda Moves to Remove Crypto from Trading System Proposal

The U.S. Securities and Exchange Commission (SEC) is set to overhaul a controversial proposal that would have required digital asset exchanges to register under alternative trading system (ATS) rules....

March 11, 2025
Crypto News, Finance

Bitcoin and Ether Struggle Amid U.S. Stock Market Selloff Pressure

(Bloomberg) – Cryptocurrencies faced renewed pressure as a selloff in U.S. equities overshadowed President Donald Trump’s recent pro-crypto efforts. Market Turbulence Hits Bitcoin and Ether On Tuesday morning in...

March 11, 2025
Crypto News, Finance

Ripple (XRP) Surges 15,000%—Can It Make You a Millionaire as the World’s Fourth-Largest Crypto?

Long-term investors in XRP (CRYPTO: XRP) have experienced extreme volatility, but those who held on have reaped significant gains. Since its inception, XRP’s price has surged roughly 15,000%, including...

March 11, 2025
Crypto News, Finance

US Lawmakers Reintroduce Updated GENIUS Act to Regulate Stablecoins

United States Senator Bill Hagerty has introduced an updated version of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, strengthening regulatory standards for stablecoin issuers. The...

March 11, 2025
Crypto News, Finance

WhiteRock XRPL Testnet Shows Strong Performance, AMA Scheduled for March 11

WhiteRock’s XRPL-powered testnet has demonstrated impressive performance, drawing significant attention ahead of its anticipated live launch. To address the public’s questions and discuss the XRPL integration, WhiteRock has scheduled...

March 11, 2025
Crypto News, Finance

Bitcoin’s Dip Below $80K is a Temporary Setback, Says deVere CEO

Bitcoin plunged below $80,000 on March 10, hitting a low of $77,490, as the cryptocurrency market faced another wave of selling pressure. However, despite the recent downturn, Nigel Green,...

March 11, 2025
Crypto News, Finance

Analysis: Unpacking Bitcoin’s 30% Drop in 7 Weeks Since Its $109K Peak

Bitcoin has faced a relentless seven-week decline, falling from its all-time high of $109,000 in January to a March 11 low of approximately $77,000. This 30% drop has rippled...