Binance has secured a record-breaking $2 billion investment from Abu Dhabi’s MGX, marking the largest crypto investment to date and the biggest transaction settled in stablecoins.
Russia, under mounting financial sanctions, is cautiously testing the waters of regulated cryptocurrency investment.
Bitcoin and other cryptocurrencies are facing significant downturns. Despite Donald Trump’s plans to build a Bitcoin reserve, Bitcoin (BTC) has struggled to make gains, remaining around the $80,000 mark.
Tom Emmer, U.S. Representative from Minnesota, argued at a March 11 hearing that central bank digital currencies (CBDCs) could undermine American values by enabling unnecessary financial surveillance.
The US Securities and Exchange Commission (SEC) has extended its timeline to decide on several cryptocurrency exchange-traded funds (ETFs), including those tied to XRP, Solana, Litecoin, and Dogecoin.
Japanese investment firm Metaplanet has bolstered its Bitcoin holdings with a fresh purchase of 162 BTC, pushing its total stash to 3,050 BTC.
Despite Bitcoin’s price struggles, large investors have continued to accumulate, adding over 65,000 BTC in the past month.
Raoul Pal, CEO of Real Vision and a former Goldman Sachs executive, anticipates a surge in Bitcoin and other digital assets as global liquidity expands.
Institutional analysts believe the Federal Reserve is unlikely to reduce interest rates during its upcoming meeting, but if concerns about a recession grow, the central bank might initiate a series of quick rate cuts by June.
Mt. Gox, the once-dominant cryptocurrency exchange, recently moved 11,501 BTC, valued at around $905 million, to an unidentified wallet, sparking renewed speculation.