Day: March 28, 2025

South Carolina proposes new bill authorizing up to 1 million Bitcoin investment

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Key Takeaways South Carolina has proposed a bill to allow state investments in Bitcoin and other digital assets with a cap of one million Bitcoins. The proposed legislation mandates secure custody, transparency, and regular audits of digital asset holdings. Share this article South Carolina lawmakers on Thursday introduced the “Strategic Digital Assets Reserve Act,” a bill that would allow the state treasurer to invest in Bitcoin and other digital assets up to specific limits. The bill, also known as H4256, permits the state treasurer to invest unexpended funds from the…

Coffeezilla shouldn’t duck Logan Paul suit over CryptoZoo claims: Judge

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Influencer Logan Paul should be allowed to continue a lawsuit accusing the YouTuber known as “Coffeezilla” of making defamatory remarks about Paul’s failed CryptoZoo project, a Texas magistrate judge said. In a March 26 report filed in a San Antonio federal court, Magistrate Judge Henry Bemporad recommended that federal Judge Orlando Garcia, overseeing the case, deny Stephen Findeisen’s bid to toss Paul’s lawsuit, as Findeisen presented his claims more akin to facts than “mere opinion.” “At the pleading stage, Plaintiff [Paul] has sufficiently alleged that the statements at issue in…

Market is underestimating how quickly Bitcoin will hit new ATH: Analyst

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Bitcoin will break past its $109,000 all-time high sooner than expected despite recent volatile US macroeconomic conditions, according to a crypto analyst.  “The market may be underestimating how quickly Bitcoin could surge – potentially hitting new all-time highs before Q2 is out,” Real Vision chief crypto analyst Jamie Coutts told Cointelegraph.  He said this forecast stands regardless of whether or not there is more clarity on US President Donald Trump’s tariffs and potential recession concerns. Trump’s tariffs blamed for Bitcoin’s recent downtrend Bitcoin (BTC) fell below $100,000 on Feb. 2,…

Terraform Labs opens claims portal for creditors to address crypto losses

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Key Takeaways Terraform Labs has opened a claims portal for creditors affected by the TerraUSD collapse. Creditors must submit claims with supporting documentation by April 30, 2025, through the claims portal. Share this article Terraform Labs is launching a claims portal for creditors who suffered losses from the TerraUSD token collapse and subsequent events that led to the companies’ bankruptcy, according to a Friday announcement. Terraform Labs Creditors: The Crypto Loss Claims Portal is scheduled to open for submission of Crypto Loss Claims on March 31, 2025. Creditors may file…

South Carolina dismisses its staking lawsuit against Coinbase, joining Vermont

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South Carolina has become the latest US state to dismiss its lawsuit against crypto exchange Coinbase over its staking services, which had accused the crypto exchange of offering unregistered securities. The lawsuit was officially dismissed in a joint stipulation between the crypto exchange and the South Carolina Attorney General’s securities division on March 27. “South Carolina just joined Vermont to dismiss its unfounded staking lawsuit against Coinbase,” the firm’s chief legal officer, Paul Grewal, said in a March 27 X post. “This is not just a victory for us, but…

Dogecoin (DOGE) Faces Market Correction—Will Buyers Step Back In?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Darkweb actors claim to have over 100K of Gemini, Binance user info

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Darkweb threat actors claim to have hundreds of thousands of user records — including names, passwords and location data — of Gemini and Binance users, putting the apparent lists up for sale on the internet.  The Dark Web Informer, a Darkweb cyber news site, said in a March 27 blog post that the latest sale is from a threat actor operating under the handle AKM69, who purportedly has an extensive list of private user information from users of crypto exchange Gemini.  “The database for sale reportedly includes 100,000 records, each…

XRP Price Slides Slowly—Is a Bigger Drop Coming?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

GameStop stocks hit restrictions on NYSE after short volume rockets 234%

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The New York Stock Exchange (NYSE) has imposed a Short Sale Restriction (SSR) on GameStop after volume spiked to levels reminiscent of GameStop’s famous 2021 short squeeze. GameStop (GME) short sales volume — the total number of shares sold short within a specific timeframe — rose 234% over 24 hours, reaching 30.85 million shares sold on March 27, according to TradingView data.  The SSR kicks in when a stock drops over 10% from the previous day’s closing price. GameStop’s stock fell 22% over the trading day, wiping out its 12%…

Ethereum Price Struggles—Is Another Breakdown on The Horizon?

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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. Ethereum price remained supported above the $1,980 level. ETH is now consolidating and remains at risk of a downside break. Ethereum struggled to continue higher above the $2,050 resistance…