Day: March 10, 2025

BBVA gets regulatory nod to offer Bitcoin and Ether trading in Spain

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Banco Bilbao Vizcaya Argentaria (BBVA) announced on March 10 that it had received the nod from Spain’s securities regulator, the Comisión Nacional del Mercado de Valores (CNMV), to offer Bitcoin (BTC) and Ether (ETH) trading services to its customers.  Spain’s second-largest bank’s crypto offerings in Spain will enable users to buy, sell and manage digital assets through its mobile app. The lender said it will use its own cryptographic key custody platform to maintain full control over customer holdings without third-party involvement.  Initially, the rollout will be limited to a…

Unknown attacker causes headaches during Pectra upgrade on Sepolia

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An Ethereum developer says the recent Pectra upgrade of the Sepolia testnet ran into errors, which was made worse after an attacker used an “edge case” to cause the mining of empty blocks. Pectra rolled out on its final testnet, Sepolia, at 7:29 am on March 5, but Ethereum developer Marius van der Wijden said in a March 8 post that the team immediately started seeing error messages on their geth node and empty blocks being mined. The error was because the deposit contract triggered the wrong type of event…

Crypto scam uses trade war fears to lure victims, Canadian watchdogs warn

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Crypto scammers are using fake news articles and the likeness of government figures to capitalize on trade war fears, according to securities regulators in the Canadian provinces of Alberta and New Brunswick. The Alberta Securities Commission said in a March 7 alert that a “crypto investment scam called CanCap” faked an endorsement from then-Prime Minister Justin Trudeau through a fake news article from Canada’s national public broadcaster, the CBC. “The fake article notes that the Prime Minister is purportedly responding to US tariffs by endorsing an investment program involving digital…

Bitcoin sinks, XRP, ADA, DOGE dip as Trump stirs recession fears amid rising trade conflict

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Key Takeaways Bitcoin and altcoins plunge amid growing economic uncertainty. Market reactions remain tepid as the Strategic Bitcoin Reserve will not involve new government purchases for now. Share this article Fears of a looming recession, coupled with escalating trade tensions between the US and Canada, triggered Bitcoin price drops and altcoin sell-offs on Sunday night. Speaking on Fox News’ Sunday Morning Futures, Trump avoided directly addressing recession possibilities in 2025, saying he hated predicting “things like that.” He emphasized his economic policies aim to bring wealth back to America, though…

US dollar plunge powers Bitcoin bull case, but other metrics concern: Analyst

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A weakening US dollar could be bullish for Bitcoin, but two metrics could be cause for concern in the short term, according to Real Vision crypto analyst Jamie Coutts. “While my framework is turning bullish as the dollar plunges, two metrics still raise alarms: Treasury Bond volatility (MOVE Index) and Corporate Bond spreads,” said Coutts in a March 9 post on X. The analyst framed Bitcoin as a “game of chicken” with central banks, presenting a “cautiously bullish” outlook despite these concerning metrics. The US Dollar Index (DXY) has declined…

Robinhood to pay $30M to settle US regulator probes

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Online trading platform Robinhood has agreed to pay $29.75 million to settle several probes from the Financial Industry Regulatory Authority (FINRA) related to the company’s supervision and compliance practices. The settlement figure consisted of a $26 million civil fine and $3.75 million restitution to customers, FINRA said on March 7. Robinhood failed to “respond to red flags of potential misconduct,” FINRA said, leading to Anti-Money Laundering and supervisory and disclosure violations. FINRA found that Robinhood Financial failed to reasonably supervise its clearing system despite there being noticeable processing delays due…

Brazil blockchain goes postal, Gemini, Kraken IPO plans and more

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Crypto exchange Gemini to file for initial public offering Gemini is reportedly mulling an initial public offering this year, with Goldman Sachs and Citigroup involved in the process. The exchange, founded by billionaire twins Cameron and Tyler Winklevoss, has not made a final decision about the details of the listing, according to a March 7 Bloomberg report, which cited people familiar with the matter. Gemini did not immediately respond to Cointelegraphs request for comment. This comes as the United States Securities and Exchange Commission closed its investigation into Gemini on…

Bitcoin dips to $80K in ‘ugly start,’ could retest key resistance: Hayes

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Bitcoin prices continued to retreat over the weekend falling to just above $80,000 on March 10 in what one analyst has described as an “ugly start” to the week.  “It looks like Bitcoin (BTC) will retest $78,000,” said BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes on X following the asset’s decline. “If it fails, $75,000 is next in the crosshairs,” he added. He also observed that there were a lot of Bitcoin options open interest suck in the $70,000 to $75,000 range. “If we get into that range…

Bitcoin Price Dives Once More—Is a Deeper Correction Underway?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin price started a fresh decline from the $92,000 zone. BTC is back below $85,500 and might continue to move down below $80,000. Bitcoin started a fresh decline below…

US housing dept mulls blockchain, stablecoin to pay and monitor grants: Report

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The US Department of Housing and Urban Development is reportedly looking to experiment with using blockchain and a stablecoin for some of its functions. The department, whose duties include overseeing social housing, has so far discussed the possibility of using blockchain to monitor grants, ProPublica reported on March 7, citing a meeting recording, documents and three officials familiar with the matter.  Also discussed was the idea of experimenting with paying a HUD grantee using a stablecoin, which could first be tested in one of the department’s offices before being applied…