Author: driver789

The cryptocurrency exchange Kraken has launched the on-chain platform xChange for trading tokenized assets xStocks from the Backed project. The service operates on the Ethereum and Solana networks, available 24/5. Users have access to over 70 tokenized U.S. stocks and ETFs, including securities from Apple, Nvidia, Tesla, and an S&P 500 index fund. xChange consolidates liquidity from various blockchains, narrowing spreads and improving prices compared to traditional DeFi pools. Asset prices are pegged to real-time quotes from traditional stock markets. Trades are executed instantly on an all-or-nothing basis, with no partial order closures. For additional liquidity depth, developers have integrated…

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A US Judge has temporarily frozen 70.6 Bitcoin tied to cryptocurrency lending and trading company BlockFills and ordered a full segregated account of customer funds after Dominion Capital accused the company of misappropriating customer assets and commingling funds, according to a court filing.The complaint, filed Feb. 27, alleges that BlockFills unlawfully retained millions of dollars in customer crypto assets and used commingled funds to cover losses. Judge Mary Kay Vyskocil issued a temporary restraining order (TRO) for 70.6 Bitcoin (BTC), worth about $5 million, currently held by BlockFills, which Dominion says belongs to it, according to a Tuesday court filing.BlockFills…

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Short-selling firm Culper Research says it has taken a bearish position against Ethereum’s native token and companies closely tied to it, arguing that the blockchain’s economic model is deteriorating following recent network changes. Summary Culper Research disclosed a short position against ether and ETH-linked stocks, including BitMine. The firm argues Ethereum’s fee revenue has collapsed, weakening the network’s economic incentives. Culper claims some network activity metrics may be inflated by spam transactions such as address-poisoning and dusting. Short seller Culper targets Ethereum and BitMine in bearish report In a report published March 5, Culper disclosed it is shorting Ethereum (ETH)…

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Vancouver Mayor Ken Sim’s plan to invest city reserves in bitcoin BTC$70,614.48 is not permitted under the Vancouver Charter and British Columbia’s Municipal Finance Authority Act, a staff report says.The briefing released ahead of a March council meeting recommends closing a 2024 motion to make Vancouver a “bitcoin-friendly city,” after staff determined the plan violates municipal investment rules embedded in the city’s charger. Staff wrote they “conclusively determined that under the Vancouver Charter, bitcoin is not an allowable investment asset for the City.”The conclusion reflects the highly restrictive framework governing how Canadian municipalities can invest public funds. Section 201 of…

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has pushed back above the $2,100 level, signaling a modest improvement in market sentiment after weeks of volatility and uncertain price action. The move above this key threshold comes as the broader crypto market begins to stabilize, allowing ETH to recover some of the momentum lost during the recent correction. While the recovery remains cautious, recent on-chain data suggests that trading activity around Ethereum is beginning to intensify. According to a recent report from CryptoQuant, the ETH Binance 30-day Exchange Liquidity Ratio reveals a notable shift…

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In a report published Thursday, Reuters said the long-anticipated crypto market structure legislation, known as the CLARITY Act, may be at risk of not being signed into law in 2026. The uncertainty comes as opposition from the banking sector intensifies, particularly over key provisions tied to stablecoin regulation. Deadlock In Crypto Legislation Per the report, the legislation has run into a fresh stalemate after banks declined to support a compromise proposal advanced by the White House. That breakdown in negotiations has cast serious doubt on whether Congress can move the bill forward before the legislative window narrows ahead of the…

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PEI Licensing, the firm behind the clothing brand Original Penguin, has filed a lawsuit against the nonfungible token project Pudgy Penguins, alleging trademark infringement, dilution and unfair competition. The lawsuit, filed in a Florida federal court on Wednesday, focused on claims around Pudgy Penguins’ apparel, accusing the company of using a “family of penguin trademarks that are confusingly similar” to its own.“This action results from Defendant’s unauthorized use and attempted registration of various PENGUIN word and design trademarks in connection with apparel and related goods and services that are confusingly similar to PEI’s federally registered and famous PENGUIN and penguin…

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Bitcoin BTC$70,181.24 and global equity markets have stabilized after an early-week sell-off and oil price spike that was triggered by the outbreak of military conflict between the U.S., Israel, and Iran. Bond markets, however, are signaling caution, as rising yields signal renewed inflation concerns and dwindling bets on Fed rate cuts.BTC, the leading cryptocurrency by market value, traded above $70,000 Friday, up nearly 10% for the week. Prices briefly climbed to nearly $74,000 Wednesday after dropping to around $65,000 over the weekend as geopolitical tensions rattled markets.The rebound has been mirrored in equity futures. Contracts tied to the S&P 500…

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XRP ($1.40 · Live)-globally.png” alt=”Crypto Founder Shares How XRP Could Become a Global Reserve Asset”>An XRP community figure and crypto founder recently shared a pathway through which XRP could become a global reserve asset. Discussions about XRP becoming a global reserve asset have picked up speed, especially after the United States added XRP to its crypto stockpile in March 2025.Visit Website

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

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