Crypto News

A contentious proposal in the Cronos ecosystem drew to a close late Monday, with the community voting in favor of the token supply growing from 30 billion CRO to 100 billion CRO over a 10-year vesting period.That, however, happened after weeks of the community leaning against the switch whilst a few CRO whales — or influential users who hold large amounts of a token — stepped up in the last few hours of the vote’s closure to nudge it into favor.Cronos, tied to crypto exchange Crypto.com, earlier in the month proposed reissuing 70 billion CRO tokens it burned in 2021, aiming to restore its original 100 billion token supply for a "Strategic Reserve.”The supposed $5 billion plan (at current $0.08...

The bill seeks to allow wages and other labor-linked payments to be partially settled using virtual assets in Brazil and also calls for educating workers about volatility and transaction security issues. Lawmakers to Review Bitcoin Wages Bill in Brazil A new bill has been introduced in Congress to regulate the payment of wages and otherSource link

Gold has surged to a new all-time high, surpassing $3,025 per ounce to mark an increase of over 15% in since the turn of the year. Meanwhile, bitcoin is lagging (BTC), down 10% year-to-date. Several factors have contributed to gold’s rally, including significant inflows into gold ETFs and its traditional role as a safe-haven asset during geopolitical uncertainty. Additionally, discussions of new tariffs in the U.S. under President Trump have further fueled demand for U.S. equities. Gold’s historic rally has driven its price up 40% year-over-year, far outpacing Bitcoin's 16% gain.Historically, when gold enters a bull market, bitcoin often stagnates or declines. The two assets rarely move in tandem, though there are occasional periods when both rise or fall simultaneously....

A bullish technical analysis pattern, contrasting with the one in bitcoin (BTC) that warned of a recent market swoon, is seemingly emerging on bitcoin-holder MicroStrategy's (MSTR) price chart.The MicroStrategy pattern, a double bottom, comprises two consecutive troughs at about the same price, said to reflect downtrend exhaustion, and a trendline (a so-called neckline) drawn through the high point between them. A move beyond the trendline confirms the breakout, or the bearish-to-bullish trend change.That's especially true when the pattern unfolds after a notable slide, as in MSTR's case, and the gap between troughs and the high is at least 10%, according to technical analysis theory. In MSTR's case, it's greater than 35%.The chart shows a double bottom in MSTR at around...

South Korea’s central bank has ruled out adding bitcoin to its foreign exchange reserves, citing extreme price volatility and failure to meet liquidity and investment-grade standards. This stance follows U.S. President Donald Trump’s March 6 executive order promoting bitcoin stockpiling. The Bank of Korea, responding to a query from Rep. Cha Gyu-geun, emphasized that reservesSource link