Day: March 21, 2025

Eric Trump Joins Metaplanet’s Board Of Advisers

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Metaplanet, Japan’s largest corporate bitcoin holder, has appointed Eric Trump to its newly formed strategic board of advisers. The move aims to advance Metaplanet’s bitcoin adoption mission as bitcoin gains mainstream traction. Metaplanet announced the move on Friday, stating that Trump’s expertise and passion for bitcoin will help drive the company’s goals. As the son of U.S. President Donald Trump, Eric Trump has emerged as an influential voice supporting the growth bitcoin and the crypto industry. JUST IN: 🇯🇵 Japanese public company Metaplanet appoints Eric Trump as a strategic advisor…

South Korea to block non-compliant crypto exchanges

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South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator.  On March 21, local media Hankyung reported that the Financial Intelligence Unit (FIU) of the Financial Services Commission is considering sanctions against crypto exchanges for allegedly operating in the country without reporting as an operator to the appropriate regulators.  South Korean financial authorities require crypto exchanges to report to regulators as virtual asset service providers (VASPs) under the country’s Specified Financial Information Act.  The…

SEC dropping XRP case was “priced in” since Trump’s election: analysts

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Crypto investors rejoiced after one of the industry’s longest-standing legal battles was overturned by the United States Securities and Exchange Commission, yet markets have seemingly accounted for the victory months ahead of the announcement, according to industry watchers. On March 19, Ripple CEO Brad Garlinghouse revealed that the SEC would dismiss its legal action against Ripple, ending four years of litigation against the blockchain developer for an alleged $1.3-billion unregistered securities offering in 2020. However, the outcome may not be as “bullish” since markets may have already priced in this…

Is Bitcoin going to $65K? Traders explain why they’re still bearish

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Bitcoin (BTC) rebounded by as much as 14% after plunging to a four-month low near $76,600 on March 11. But BTC price is down approximately 25% from its record high of around $110,000, which is normal for a “bull market correction.” Still, some analysts anticipate the Bitcoin price declines to continue in the future. “Dark cloud” hints Bitcoin is topping out Bitcoin faces renewed bearish pressure after rejecting at $87,470, the descending channel resistance, with a “dark cloud cover” pattern reinforcing the downtrend, according to an analysis shared by GDXTrader…

Having The Bitcoin Privacy Discussion With Politicians Will Be Difficult — Please Help

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I’ve spoken with a number of politicians in the past few weeks. They all see bitcoin as a store of value and believe that U.S. citizens have the right to hold their private keys. I can’t say that it doesn’t feel good to hear U.S. elected officials express these views and even propose bills that would codify pro-bitcoin legislation into law. It’s surely refreshing, especially after the political antagonism that Bitcoiners and the Bitcoin industry endured under the Biden administration. With that said, there is still work to be done,…

Is Bitcoin Price Performance In 2025 Repeating 2017 Bull Cycle?

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After reaching an all-time high above $100,000, the Bitcoin price has entered a multi-week downtrend. This correction has naturally raised questions about whether Bitcoin is still aligned with the 2017 bull cycle. Here we’ll analyze the data to assess how closely Bitcoin’s current price action correlates with previous bull markets, and what we can expect next for BTC. Bitcoin Price Trends in 2025 vs. 2017 Bull Cycle Bitcoin’s price trajectory since the cycle lows set during the 2022 bear market has shown remarkable similarities to the 2015–2017 cycle, the bull…

Michael Saylor’s Strategy set to raise $711 million to fund Bitcoin acquisition

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Key Takeaways Strategy plans to raise approximately $711 million for Bitcoin acquisitions and working capital. The released preferred stock offers a 10.00% dividend rate and redemption rights under certain conditions. Share this article Strategy, the business intelligence firm helmed by Michael Saylor, announced Friday it is expecting to raise approximately $711 million in net proceeds via a ‘Series A Perpetual Strife Preferred Stock’ (STRF) offering, aiming to expand its Bitcoin reserves, which are approaching 500,000 BTC. Due to increased demand, Strategy has upped its offering from 5 million to 8.5…

How to buy food with Bitcoin

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Key takeaways In 2025, you can have your digital wallet ready to pay with Bitcoin directly at 15,000 merchants and restaurants worldwide. Whether you’re using your own Bitcoin wallet to pay directly at accepting merchants or pay with cards, you’ll find plenty of options to buy food with Bitcoin. Bitcoin has evolved since Laszlo Hanyecz’s first purchase of food. A new whole payment structure has formed around Bitcoin, with innovative creative ways to use it to pay for food. Bitcoin payment processors, such as Bitrefill and BitPay, are now known…

Hacker steals $8.4M from RWA restaking protocol Zoth

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Real-world asset (RWA) re-staking protocol Zoth suffered an exploit leading to over $8.4 million in losses, leading the platform to put its site on maintenance mode.  On March 21, blockchain security firm Cyvers flagged a suspicious Zoth transaction. The security firm said that the protocol’s deployer wallet was compromised and that the attacker withdrew over $8.4 million in crypto assets.  The blockchain security firm said that within minutes, the stolen assets were converted into the DAI stablecoin and were transferred to a different address.  Cyvers added the protocol’s website had…

Bitcoin speculative appetite declines as investors seek safety

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Speculative appetite is vanishing from the crypto markets, as investors are looking for safer digital asset investments following the recent wave of memecoin scams and macroeconomic uncertainty. Bitcoin’s hot supply metric, which measures the Bitcoin (BTC) aged one week or less, is down over 50%, from 5.9% at the end of November to just 2.3% on March 20, Glassnode data shows. The metric’s decline signals an investor shift to safer investment positioning amid the recent market volatility, according to Ryan Lee, chief analyst at Bitget Research. Bitcoin hot supply metric.…