Crypto News

The top NFT collections are all green in the last 24 hours.Source link

The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against cryptocurrency exchange Kraken, the company confirmed Monday, ending a high-profile regulatory battle over allegations of operating as an unregistered securities platform. Kraken Confirms Closure of SEC Enforcement Action The SEC’s dismissal of the case, revealed on Monday, marks a significant development in theSource link

A trader on decentralized derivatives platform Hyperliquid used 50x leverage to open a $200 million long position on bitcoin (BTC) on Sunday, netting a gain of around $6.8 million after U.S. President Donald Trump spurred a market-wide rally by announcing the nation's crypto reserve.The trader used $4 million worth of collateral to place a trade that at one point was just a $50 swing away from being liquidated. The entry was at $85,908 with liquidation price of $84,752. BTC instead rose by more than 11% from $85,000 to $97,255 after a reference to the reserve was made on social media platform Truth Social. However, the trader perhaps backed the wrong horse as ADA and XRP experienced gains of 47% and...

The Trump pump may prove to be short-lived, as Bitcoin, Ethereum, and other major assets are cooling off following Sunday's surge.Source link

Michael Saylor remains steadfast in his bitcoin strategy, with Strategy holding nearly 500,000 BTC worth $33.1 billion, while he pushes for crypto policy advancements in Washington. Michael Saylor Pushes Crypto Policy in DC While Strategy Holds Nearly 500K BTC Software intelligence firm Microstrategy (Nasdaq: MSTR) announced on March 3 that it continues to hold aSource link