Day: March 11, 2025

SEC acknowledges Hedera HBAR ETF filing from Nasdaq, Grayscale

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Key Takeaways Nasdaq has filed with the SEC to list Grayscale Hedera Trust holding HBAR tokens. HBAR is the 16th largest crypto asset by market capitalization. Share this article The US SEC has acknowledged a proposed rule change that would allow Nasdaq to list and trade shares of the Grayscale Hedera Trust. Upon acknowledging the application, the regulator has opened a 21-day public comment period for the submitted filing, after which the regulator will decide whether to approve, disapprove, or institute proceedings. The latest development follows Nasdaq’s Form 19b-4 submission…

4 signs that $76.7K Bitcoin is probably the ultimate low

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Bitcoin (BTC) dropped to a four-month low of $76,700 on March 11, following a 6% weekly decline in the S&P 500 index. The stock market correction pushed the index to its lowest level in six months as investors priced in higher odds of a global economic downturn. Despite Bitcoin’s 30% drop from its all-time high of $109,350, four key indicators suggest that the correction may be over. Bitcoin bear market needs 40% drop, strong USD Some analysts argue that Bitcoin has entered a bear market. However, the current price action…

XRP Price Face Major Resistance At $2.9, Why This Analyst Believes $20 Is Still Possible

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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. Crypto analyst ElmoX has asserted that the XRP price is still bullish despite the recent crypto market crash. His analysis revealed that XRP is set to face major resistance…

Cantor Fitzgerald To Expand Bitcoin Financing Amid U.S. Policy Shift

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Reflecting the United States’ growing embrace of Bitcoin, investment bank Cantor Fitzgerald has announced partnerships with Anchorage Digital and Copper.co to support its expanding global Bitcoin financing business. Anchorage Digital and Copper.co will serve as collateral managers and custodians for Cantor Fitzgerald, providing leverage to institutional investors holding Bitcoin. Anchorage Digital and Copper will use their industry-leading security solutions to custody and safeguard client assets. “We are thrilled to partner with Anchorage Digital and Copper, whose industry-leading security solutions will help us deliver best-in-class digital asset custody services to our…

CoreWeave strikes $11.9B deal with OpenAI to deliver AI infrastructure

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CoreWeave announced on March 11 that it had struck a five-year deal worth up to $11.9 billion with OpenAI, the nonprofit research and development company that created ChatGPT. Through the deal, OpenAI will become an investor in CoreWeave through the issuance of $350 million of stock, while CoreWeave will deliver AI infrastructure. The deal comes ahead of the anticipated CoreWeave initial public offering (IPO). According to its offering filing, the company, founded in 2017 in Livingston, New Jersey, reported $1.9 billion in revenue with a net loss of $863 million…

Starknet plans to unify Bitcoin and Ethereum on a single layer 2 network

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Key Takeaways Starknet aims to connect Bitcoin and Ethereum networks to expand DeFi opportunities. The protocol seeks to dramatically reduce transaction fees and increase processing speeds. Share this article Starknet announced today its plan to become the first layer 2 network that settles transactions on both Bitcoin and Ethereum. The firm aims to unify the two dominant blockchain ecosystems and expand its DeFi capabilities. 1/ Bold new narrative: Scaling Bitcoin + Ethereum together Starknet will become the first L2 to settle on both Bitcoin & Ethereum, bringing the two largest…

Coinbase plans India comeback with FIU registration

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Cryptocurrency exchange Coinbase is one step closer to relaunching its services in India after securing a license with the country’s Financial Intelligence Unit (FIU).  On March 11, the crypto exchange revealed on social media that “we’re approved to launch in India,” which prompted a follow-up from Coinbase’s chief legal officer, Paul Grewal. “Coinbase is now FIU-registered,” said Grewal. “It’s a major step towards empowering Indian entrepreneurs to build, innovate and scale global onchain businesses — all from home.” A Coinbase blog post confirmed that the exchange plans to offer cryptocurrency…

Decentralization clashes with illicit activity

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THORChain has been called a money laundering protocol — a label no decentralized finance (DeFi) project wants unless it’s prepared to have regulators breathing down its neck. Its supporters have fended off the criticism by championing decentralization, while its critics point to recent activities that showed some of the protocol’s centralized tendencies. After exploiting Bybit for $1.4 billion, the North Korean state-backed hackers behind the attack, known as the Lazarus Group, flocked to THORChain, making it their top choice to convert stolen funds from Ether (ETH) to Bitcoin (BTC). Lazarus…

Cantor Fitzgerald taps Anchorage Digital, Copper as Bitcoin custodians

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Investment banking firm Cantor Fitzgerald has selected Anchorage Digital and Copper as its Bitcoin custodians and collateral managers as it launches its new digital asset financing business targeting institutional investors. In a March 11 announcement, Cantor Fitzgerald said it is rolling out its Bitcoin (BTC) financing business with $2 billion in initial capital to help institutional investors borrow against their crypto holdings. Anchorage Digital and Copper will safeguard clients’ digital assets by acting as custodians and collateral managers, the company said.  Source: Anchorage Digital Anchorage Digital is an institutional cryptocurrency…

A fresh take on gaming media

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Cointelegraph is expanding its presence into the gaming space with the launch of Gaming.News, the next-gen gaming platform built for players, fans and industry enthusiasts. Gaming.News provides comprehensive coverage of the gaming world, offering the latest news and reviews about video games, hardware, eSports and mobile. While operating as a separate brand with its own identity, it shares Cointelegraph’s commitment to high-quality content and deep passion for its subject matter. “Expanding into gaming media was a natural step for us,” said Cointelegraph CEO Yana Prikhodchenko, adding: “Gaming is one of…