Month: March 2025

Japan to classify cryptocurrencies as financial products: Report

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Japan’s finance regulator is planning to change the country’s laws to classify cryptocurrencies as financial products as early as 2026, according to the local outlet Nikkei. The Financial Services Agency (FSA) plans to submit a bill to parliament to revise the Financial Instruments and Exchange Act as early as next year after having considered the changes through internal study groups, Nikkei reported on March 30 without citing a source. The outlet reported that the details are still being finalized, but the change would see cryptocurrencies likely put under insider trading…

Dogecoin (DOGE) Bulls In Trouble—Can They Prevent a Drop Below $0.15?

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Dogecoin started a fresh decline from the $0.1880 zone against the US Dollar. DOGE is declining and might test the $0.150 support zone. DOGE price started a fresh decline below the $0.1850 and $0.1750 levels. The price is trading below the $0.1750 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.170 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it breaks the $0.1620 support zone. Dogecoin Price Dips Further Dogecoin…

California introduces ’Bitcoin rights’ in amended digital assets bill

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A Californian lawmaker has just added Bitcoin and crypto investor protections to a February-introduced money transmission bill aimed at securing crypto self-custody rights for the US state’s nearly 40 million residents. California’s Assembly Bill 1052 was introduced as the Money Transmission Act on Feb. 20, 2025, but was amended by Democrat and Banking and Finance Committee chair Avelino Valencia on March 28 to include several Bitcoin (BTC) and crypto-related investor protections. The amendments cross out “Money Transmission Act,” with the legislation now called “Digital assets.” “California often sets the national…

XRP Price Fate Hangs on $2.00—Major Move Incoming?

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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…

Ethereum Price Weakens—Can Bulls Prevent a Major Breakdown?

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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 started another decline and traded below the $1,880 level. ETH is now consolidating and remains at risk of more losses. Ethereum struggled to continue higher above the…

Elon Musk says US government has no plans to use Dogecoin

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Key Takeaways Elon Musk confirms that the US government has no plans to use Dogecoin. The Department of Government Efficiency aims to improve operational efficiency by 15%. Share this article Elon Musk clarified today that the US government has no plans to use Dogecoin, addressing speculation that links the popular crypto asset—which he has long endorsed—to the Department of Government Efficiency (DOGE) project he is currently leading. “There are no plans for the government to use Dogecoin or anything, as far as I know,” Musk said, speaking at an America…

DeFi protocol SIR.trading loses entire $355K TVL in ‘worst news’ possible

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Ethereum-based DeFi protocol SIR.trading, also known as Synthetics Implemented Right, has been hacked, resulting in the loss of its entire total value locked (TVL) — $355,000 at the time of the attack.  The March 30 hack was initially detected by blockchain security firms TenArmorAlert and Decurity, both of which posted warnings on X to alert users of the protocol. The protocol’s founder, known only as Xatarrer, described the hack as “the worst news a protocol could received [sic],” but suggested the team intends to try to keep the protocol going…

Bitcoin Bears Tighten Grip—Where’s the Next Support?

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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 another decline below the $85,000 zone. BTC is now consolidating and might struggle to recover above the $83,500 zone. Bitcoin started a fresh decline below the…

MARA Holdings plans huge $2B stock offering to buy more Bitcoin

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Bitcoin miner MARA Holdings Inc (MARA) is looking to sell up to $2 billion in stock to buy more Bitcoin as part of a plan that bears a resemblance to Michael Saylor’s Strategy. MARA Holdings, formerly Marathon Digital, said in a March 28 Form 8-K and prospectus filed with the Securities and Exchange Commission that it entered into an at-the-market agreement with investment giants, including Cantor Fitzgerald and Barclays, for them to sell up to $2 billion worth of its stock “from time to time.” “We currently intend to use…

Android malware ‘Crocodilus’ can take over phones to steal crypto

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Cybersecurity firm Threat Fabric says it has found a new family of mobile-device malware that can launch a fake overlay for certain apps to trick Android users into providing their crypto seed phrases as it takes over the device. Threat Fabric analysts said in a March 28 report that the Crocodilus malware uses a screen overlay warning users to back up their crypto wallet key by a specific deadline or risk losing access. “Once a victim provides a password from the application, the overlay will display a message: Back up…