Day: March 1, 2025

What is Bitcoin price going to do next? — Bear trap, bottom, or oversold bounce?

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The Bitcoin bounce to $85,000 on Feb. 28 had traders hopeful that a bottom was in could be in peril after BTC (BTC) struggled to secure a higher high candlestick for the daily close.  Data from TRDR.io shows Bitcoin received a strong spot bid at Coinbase as the price fell to a 2025 low at $78,300, but what is yet to be seen is whether or not bulls will be able to provide enough purchasing volume to sustain their current momentum.  BTC/USDT 1-day chart. Source. TRDR.io Crypto trader Magus suggested…

President Trump to host first-ever White House Crypto Summit on March 7

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Key Takeaways President Trump will host the first-ever White House Crypto Summit on March 7. The summit aims to establish a regulatory framework for the crypto sector while supporting innovation. Share this article President Donald Trump will host the first-ever White House Crypto Summit on March 7, bringing together industry leaders, CEOs, investors, and members of the President’s Working Group on Digital Assets, according to a White House press release shared by FOX Business journalist Eleanor Terrett on Friday. 🚨NEW: The @WhiteHouse and @realDonaldTrump will host its first ever Crypto…

US federal court dismisses SEC’s case against Hex founder Richard Heart

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Key Takeaways The court dismissed the SEC’s lawsuit against Richard Heart due to lack of personal jurisdiction. The SEC failed to prove that Heart’s crypto transactions qualified as domestic under US securities laws. Share this article The US District Court for the Eastern District of New York has dismissed the SEC’s case against Hex founder Richard Schueler — who goes by Richard Heart — and his crypto projects Hex, PulseChain, and PulseX. “I appreciate Judge Amon’s careful ruling which has dismissed all of the SEC’s claims against me. This type…

FTX’s 2-year repayment delay is a ‘win,’ claims trader who predicted FTX’s collapse

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A crypto trader and marketing executive who correctly predicted FTX’s collapse said FTX creditor repayments coming a little over two years after the incident is a “win” — all things considered. “I thought it would take longer, just because there’s so many jurisdictional issues, you’re working with so many different governments, different levels of enforcement, different levels of compliance,” Ishan Bhaidani told Cointelegraph’s Turner Wright in a Feb. 28 interview at ETHDenver in Denver, Colorado. “You’re working with the Bahamas, FTX is multinational… and then obviously the US and a…