Crypto News

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By Omkar Godbole (All times ET unless indicated otherwise)Bitcoin (BTC), ether (ETH) and the broader crypto market are facing renewed pressure, reversing some of gains made after Federal Reserve Chairman Jerome Powell downplayed concerns about tariff-driven inflation .President Donald Trump is reportedly scheduled to speak at Blockworks' Digital Asset Summit in New York later, with traders keen to hear how the administration plans to acquire BTC in a budget-neutral manner. Don't get too excited, the likelihood of such an announcement remains low.Trump is more likely to reiterate his aspiration to make America the "crypto capital of the world," and even this may overwhelm markets.On a more positive note, renewed interest in U.S.-listed spot ETFs supports market strength. On Wednesday, bitcoin...

The crypto exchange has voluntarily dismissed its case against the SEC, citing improvements in regulatory clarity.Source link

Binance just earned major recognition from Singapore’s police for its fight against cybercrime, standing alongside tech giants like Google and Microsoft. Binance Honored by Singapore Police for Cybercrime Prevention Binance announced on March 19 that it has been recognized by the Singapore Police Force (SPF) for its contributions to cybercrime prevention. The cryptocurrency exchange receivedSource link

Coinbase (COIN) sold 12,652 ether ($25 million at the current price) in the fourth quarter, when it was valued about double the level now, according to Geoffrey Kendrick, the global head of digital assets research at Standard Chartered Bank.In a note, Kendrick said he analyzed the crypto exchange's quarterly filings, which show it holds ether (ETH) under different categories, including investment and operational purposes. He estimates that about 80% of revenue generated by Base, Coinbase's Ethereum layer-2 blockchain, is profit.Notably, the timing of the company's trades aligns with price movements, he said. Coinbase net bought in the third quarter, when ETH was trading at around $2,500, and net sold in the fourth, when the second-largest cryptocurrency reached $4,000. It's now...