Finance

March 11, 2025
Crypto News, Finance

Mt. Gox Moves $931M in Bitcoin to Unknown Addresses Amid Market Uncertainty

Mt. Gox, the defunct cryptocurrency exchange, has transferred 11,833.6 BTC, worth approximately $931 million, to unknown addresses, fueling speculation about potential sell-offs in the market. The transactions, which occurred...

March 11, 2025
Crypto News, Finance

Yuga Labs VP Warns Ethereum Could Drop to $200–$400 if Bear Market Deepens

Ethereum could face a drastic decline to as low as $200–$400 if the crypto market has indeed entered a prolonged bear cycle, according to Quit, Vice President of Blockchain...

March 11, 2025
Crypto News, Finance

SEC Weighs Dropping Controversial Rule Impacting Crypto Firms

The U.S. Securities and Exchange Commission (SEC) is considering abandoning a controversial rule that expanded the definition of exchanges to include crypto firms. Acting SEC Chairman Mark Uyeda has...

March 11, 2025
Crypto News, Finance

ELX Crypto Soars 60% Ahead of Bithumb Listing – What is ELX?

Elixir’s (ELX) cryptocurrency has experienced a dramatic surge, rising by as much as 68% in the past 24 hours ahead of its upcoming listing on the South Korean exchange...

March 11, 2025
Crypto News, Finance

Texas Proposes Second Bitcoin Reserve Bill to Allocate $250M Investment

Texas state lawmakers have introduced a second Bitcoin reserve bill, HB 4258, which would allow the state’s Comptroller to invest up to $250 million in Bitcoin or other cryptocurrencies....

March 11, 2025
Crypto News, Finance

Bank of Korea Launches CBDC Pilot for 100,000 Consumers: Report

South Korea’s central bank is gearing up to launch a real-world transaction test for its central bank digital currency (CBDC) this month. The pilot program will involve 100,000 consumers...

March 11, 2025
Crypto News, Finance

Massive Dip: Strategy Stock Plummets 50% as Saylor Stays Bullish on BTC

Strategy’s stock has experienced a steep decline, shedding nearly 50% of its value since its peak in November 2024. Despite this downturn, the company continues its aggressive Bitcoin accumulation...

March 10, 2025
Crypto News, Finance

U.S. DOJ May Be Liquidating Silk Road Bitcoin Holdings, Says Bitcoin Magazine CEO”

Bitcoin Magazine CEO David Bailey has speculated that the U.S. Department of Justice (DOJ) might be rapidly liquidating Bitcoin (BTC) seized from the Silk Road, potentially contributing to the...

March 10, 2025
Crypto News, Finance

Japan’s 40-Year Bond Yield Nears Record High: Implications for the Crypto Market

Japan’s 40-year bond yield has surged to 2.85%, approaching its all-time high of 3%, last seen in January 2011 and again in early 2024. This development could have far-reaching...

March 10, 2025
Crypto News, Finance

Crypto Market Plunges: Key Factors Behind Today’s Crash

A wave of sell-offs has gripped the cryptocurrency market, sending prices into a sharp decline as macroeconomic uncertainty spooked traders on March 10. The downturn follows recent comments from...