Author: driver789

The cryptocurrency market is experiencing a period of significant transition, marked by institutional developments and regulatory clarity. Citigroup’s decision to lower its 12-month Bitcoin price forecast to $112,000 while adjusting Ethereum’s target to $3,175 reflects a cautious yet optimistic institutional outlook. This adjustment comes alongside the tokenized RWA market reaching $27 billion, with US Treasury products leading growth, signaling increased institutional appetite for blockchain-based financial instruments. The recognition of XRP ($1.46 · Live)’s non-security status by US regulators through landmark SEC and CFTC rules represents a pivotal moment for regulatory clarity in the crypto space, potentially opening doors for broader…

The Federal Reserve Open Market Committee (FOMC) announced on Wednesday that it would hold the Federal Funds rate steady at 3.5-3.75%, as it monitors macroeconomic impacts from the ongoing war in the Middle East.Economic activity has expanded at a “solid pace,” Federal Reserve Chairman Jerome Powell said, adding that consumer spending remains “resilient,” while business investment continued to grow. However, the housing sector remains weak, and the labor market shows signs of softening, Powell said, while inflation remains “somewhat elevated” above the Fed’s 2% target.Jerome Powell addresses reporters following the March 2025 FOMC meeting. Source: Federal ReserveThis higher inflation and weak…

Spot Ethereum exchange-traded funds drew in $138.2 million in net inflows over the past day, their highest single-day inflows since Feb. 25. Summary Spot Ethereum ETFs recorded $138.2 million in daily inflows, marking their highest since late February and extending a six-day inflow streak. Institutional demand strengthened amid Bitmine’s continued ETH accumulation, with Fundstrat’s Tom Lee calling a potential market bottom near $2,150. ETH price traded near $2,328, with price approaching a breakout above $2,400 as markets await the Federal Reserve rate decision. According to data compiled by SoSoValue, BlackRock’s ETHA led the inflows of the day with $81.7 million…

The U.S. Securities and Exchange Commission (SEC) approved on Wednesday Nasdaq’s proposal to allow certain securities to trade in tokenized form, a significant milestone to integrate blockchain tech into U.S. equity markets.Nasdaq’s tokenization plan ties into a pilot run by the Depository Trust Company (DTC), which will handle clearing and settlement of tokenized trades. Nasdaq filed for regulatory permission in September, Under the framework, eligible Nasdaq participants can choose to have trades settled as blockchain-based tokens rather than through standard book-entry systems.Tokenized shares will trade alongside traditional shares on the same order book and at the same price. They will…

Ethereum is outpacing Bitcoin as tensions involving the United States, Israel, and Iran continue to shape global markets.Data from CryptoSlate shows ETH has risen 18% against the dollar since the start of March, compared with a 13% gain for Bitcoin over the same period.The ETH/BTC ratio has also moved higher, rising 7.6% to 0.0315 from 0.0293 in less than three weeks, a sign that Ethereum is gaining ground relative to Bitcoin rather than simply rising alongside it.That shift has pushed ETH above $2,300 and left it on track for its first positive monthly close since August 2025. The move stands…

Bitcoin.com is aware that fraudulent emails were recently sent through our third-party email service by an unauthorized party. We identified the breach, revoked access, secured our systems, and directly contacted Bitcoin.com users who were affected. All user funds are safe.What happenedAn attacker unlawfully gained access to our email service and used it to send phishing emails impersonating Bitcoin.com. These emails falsely claim that Bitcoin.com is merging with companies such as Trust Wallet or Gemini and ask recipients to migrate their accounts. They use high-pressure tactics including fake airdrop offers to create urgency. These claims are entirely false. Bitcoin.com has not merged…

Hong Kong-based stablecoin payments company RedotPay said it has “consolidated” teams to improve efficiency as it scales, after a report claimed executive turnover and sensitivities tied to its mainland China connections.On Wednesday, a Bloomberg report claimed RedotPay is facing leadership churn and sensitivities tied to China as it explores raising up to $150 million. Citing people familiar with the matter, the report said that at least five senior hires left the stablecoin company within a year, including two compliance chiefs, and described a demanding work culture with extended hours.In February, Bloomberg reported that RedotPay is considering a US IPO that…

XRP has reclaimed the $1.50 level as market activity accelerates and bullish momentum begins to build after weeks of consolidation. The move higher suggests that buyers are regaining control, with traders closely watching whether XRP can sustain this breakout and establish a stronger uptrend. Related Reading Beyond price action, derivatives data is revealing a notable shift in market behavior. According to a recent CryptoQuant report, multiple indicators are now signaling activity levels not seen in weeks, pointing to a renewed wave of participation across XRP markets. In particular, the Multi-Exchange Open Interest Delta is showing clear signs of expansion. This…

Ethereum client teams are testing an opt-in mechanism that could cut the time some layer-2 networks and exchanges wait to recognize mainnet deposits, allowing them to process transactions much faster. Summary Ethereum client teams are testing a Fast Confirmation Rule that could reduce deposit recognition times for layer 2 networks and exchanges to about 13 seconds. The proposal suggests replacing block counting with validator attestations, offering faster confirmation than canonical bridges while avoiding the need for a hard fork. Dubbed the Fast Confirmation Rule (FCR), the proposal is expected to bring confirmation times down to around 13 seconds, according to…

A Canadian crypto entrepreneur survived a kidnapping attempt Monday night on one of Madrid’s busiest nightlife streets, after witnesses alerted police and helped foil the attack. The incident occurred at approximately 11 p.m. near the intersection of Calle Claudio Coello and Calle Jorge Juan in the Salamanca district, a hub of high-end restaurants and bars.  The victim had just left Lobito de Mar, the restaurant owned by chef Dani García, when three men forcibly removed him from the street, pepper-sprayed him, and threw him into a Ford Transit van. Several pedestrians and residents on nearby balconies immediately called authorities. Spanish…