Author: driver789
Traditional finance is undergoing restructuring due to the growing corporate interest in tokenization, with the shift of stocks to blockchain altering the very logic of markets. In March, major stock exchanges NYSE and Nasdaq embraced the trend. IT Director of the crypto company ReserveOne, Sebastian Pedro Bea, believes that the new market is being shaped by two groups of platforms. American platforms like Securitize, Superstate, and Figure are creating infrastructure for issuing Fortune 500 company securities directly on a distributed ledger. This automates and simplifies dividend payments, shareholder voting, and settlements. Offshore players like Kraken and Ondo offer a different…
South Korea’s National Police Agency (KNPA) has reportedly drafted new guidelines for handling seized cryptocurrencies, including privacy-focused assets, as authorities move to standardize how digital asset evidence is stored and managed.According to a report by local media outlet Asiae, the KNPA completed a draft directive outlining compliance requirements at each stage of crypto seizure. The directive includes measures for managing software wallets needed to handle crypto assets and privacy-focused tokens. A police spokesperson told Asiae that as investigative paradigms change, field investigators need systematic guidelines along with appropriate support. “In the past, seized assets were stored in warehouses. Now we must…
Ethereum price rallied to a six-week high of $2377.64 on Tuesday as institutional investors continue to accumulate the asset. Summary Ethereum price climbed to a six-week high near $2,377 as institutional accumulation and continued spot ETF inflows supported bullish momentum. Tom Lee’s treasury firm Bitmine purchased nearly 61,000 ETH over the past week, lifting its total holdings to roughly 4.6 million ETH. A short squeeze above $2,300 triggered liquidations of clustered bearish positions, adding momentum to the rally. According to data from crypto.news, Ethereum (ETH) price rose 6% to hit $2,377.64 on March 17, its highest level since the beginning…
XRP just reclaimed a ranking it hasn’t held in weeks, and the derivatives market suggests traders are positioning for more.The token surged to $1.53 on Tuesday, up 11% on the week, overtaking BNB to become the fourth-largest cryptocurrency by market cap at $93.4 billion. The move broke through $1.40 resistance, per CoinDesk analytics, with trading volume exploding 125% to $3.22 billion.Coinglass data shows XRP open interest on Binance has climbed to 353.49 million XRP as of March 17, up from 222.79 million on Oct. 24, 2025, when XRP was trading at $2.39. That’s a 59% increase in open interest while…
Circle, the firm behind the widely-used stablecoin USDC, has seen its stock, trading under the ticker CRCL, rise above $123 for the first time since October of last year. This surge was accompanied by a new upgrade from Clear Street, which upgraded Circle’s stock from a “Hold” to a “Buy” and raised its price target from $92 to $136 in a research note released on Monday. USDC Adoption Soars Amid Increased Demand Since the beginning of February, adoption of Circle’s USDC stablecoin has increased significantly, indicating a growing interest from financial institutions and consumers in stablecoins. This uptick contributed to…
Bitcoin Magazine has confirmed that Eric Trump will take the stage at the upcoming Bitcoin 2026 conference, adding another high-profile voice to the event’s growing lineup. The businessman and increasingly vocal bitcoin advocate has emerged over the past year as one of the most prominent political-adjacent supporters of the asset, repeatedly arguing that Bitcoin represents both a financial revolution and a strategic opportunity for the United States. Trump’s presence at the conference comes amid his expanding involvement in the Bitcoin ecosystem, including his role as co-founder and chief strategy officer of American Bitcoin, a mining and treasury company focused on…
The US Securities and Exchange Commission is pushing to clear up years of confusion over a key broker-dealer reporting rule that prevented certain assets from being quoted by broker-dealers on the over-the-counter (OTC) market. The SEC Rule 15c2-11 was first adopted in 1971, aimed at reducing fraud in the penny stock market. It requires broker-dealers to maintain up-to-date public information about an issuer before it can publish over-the-counter quotes.In 2021, the rule was reinterpreted to also include fixed-income securities (such as government or corporate bonds), which saw backlash from the market. There have also been questions about whether it applies to crypto…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has reclaimed the $2,250 level as the broader cryptocurrency market shows signs of a short-term bullish recovery following weeks of volatility and downward pressure. The recent move higher suggests that buyers are gradually regaining control of the market, with traders closely watching whether ETH can maintain momentum above this key technical level. Beyond the price action, new on-chain developments are also attracting attention across the Ethereum ecosystem. According to data from blockchain analytics platform Arkham, the Ethereum Foundation staked ETH for the first time ever approximately…
Bitcoin BTC$74,159.92 surged past $75,000 early Tuesday, helped by shifting dynamics in the derivatives market.Prices hit a high of $75,800, convincingly topping the long-term resistance corridor between $73,750 and $74,400, which reversed price trends three times since 2024, according to CoinDesk data.The so-called bullish breakout happened as traders closed bearish short positions initiated during the early February sell-off.”In bitcoin, the recent move has been driven largely by sizeable put selling around the $55,000 and $60,000 strikes, as traders increasingly recognized that these options were unlikely to expire in the money with only days remaining. The unwinding of these downside hedges…
Ethereum price started a major increase above the $2,250 zone. ETH is now showing positive signs and might aim for more gains above $2,400. Ethereum started a steady upward move above the $2,250 zone. The price is trading above $2,300 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $2,400 zone. Ethereum Price Rallies Over 10% Ethereum price extended its upward move after it cleared the $2,150 zone, like Bitcoin.…