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Markets Tumble as Fed’s Favorite Inflation Gauge Spikes; Bitcoin Slides, Stocks Dump

Coins Legend March 28, 2025 0

The U.S. Federal Reserve’s preferred inflation measure elevated sharply in February, with the core personal consumption expenditures price index climbing 0.4%—the largest monthly spike since January 2024—while consumer spending growth fell short of expectations, the Commerce Department reported

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Bitcoin’s Computing Power Breaks Records, Pushing 862 EH/s Amid Mining Revenue Dip

Coins Legend March 28, 2025 0

On Friday, Bitcoin’s computing strength rocketed to an all-time peak of 862 exahash per second (EH/s), shattering the prior benchmark of 852 EH/s set when February kicked off. Bitcoin’s Network Muscle Flexes On March 28, the network’s aggregate processing velocity had climbed to 862 EH/s, edging past the earlier milestone by a decisive 10 EH/s. […]

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Grayscale’s AVAX Trust Seeks Nasdaq Listing in New SEC Filing

Coins Legend March 28, 2025 0

The global electronic stock exchange and marketplace Nasdaq has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to list Grayscale Avalanche Trust (AVAX), a spot ETF tracking the Avalanche blockchain’s native token, marking a pivotal step toward expanding crypto-based exchange-traded products (ETPs). New Grayscale ETF Filing Aims to Bring

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Bitcoin Price Watch: Traders Brace for Volatility as Bitcoin Tests Support

Coins Legend March 28, 2025 0

Bitcoin’s price is currently at $85,288, with a market cap of $1.69 trillion and a 24-hour global trade volume of $30.19 billion. Throughout the past day, bitcoin has traded within a range of $84,784 to $87,723, reflecting a volatile market. Technical indicators across multiple timeframes suggest a prevailing bearish sentiment, with key oscillators and moving […]

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SEC Drops Crypto.com Probe With No Action in Major Win for Global Exchange Compliance

Coins Legend March 28, 2025 0

The SEC has dropped its probe into Crypto.com without charges, as the company blasted past crackdowns and vowed aggressive global expansion backed by sweeping regulatory approval. Crypto.com Prevails in SEC Investigation, Vows Continued Regulatory Leadership Crypto.com announced on March 27 that the U.S. Securities and Exchange Commission (SEC) has formally ended its

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Crypto Market Loses $659 Billion From Peak, Cryptoquant Analysis Shows

Coins Legend March 28, 2025 0

The cryptocurrency market has faced a significant drawdown, with the top five cryptocurrencies losing a combined $659 billion since their 2025 peak, according to Cryptoquant and its researchers, cryptoquant.com reports. Ethereum and Solana Lead Losses in Crypto Market Decline, Reports Cryptoquant Ethereum and Solana led the losses, with ethereum’s ( ETH) market

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Meme Coin Launch Pad From Lightchain AI—What This Means for the Future of Crypto

Coins Legend March 28, 2025 0

This content is provided by a sponsor. PRESS RELEASE. The crypto world is buzzing with the latest announcement from Lightchain AI—a cutting-edge meme coin launch pad is on its way, exclusively for Lightchain AI users on the mainnet. Alongside this exciting development, Lightchain AI is also introducing its very own token, LCAI, a project poised […]

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Wirex Travel Launches With Crypto Payments and Booking Rewards

Coins Legend March 28, 2025 0

Crypto meets convenience as Wirex Travel debuts with hotel savings up to 65% and 8% cashback, merging digital payments with real-world travel rewards worldwide. Wirex Travel Launches With Rewards for Crypto-Powered Hotel Bookings Digital payments platform Wirex announced on March 27 the launch of Wirex Travel, a hotel booking platform that enables users to pay […]

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Bitpanda Expands to UAE After Securing VARA License

Coins Legend March 28, 2025 0

Vienna-based crypto platform Bitpanda has obtained a broker-dealer license from Dubai’s VARA, allowing it to serve users in the UAE. Bitpanda Expands Into the Middle East Bitpanda, the Vienna-based crypto asset platform, has secured a broker-dealer license from the Dubai Virtual Assets Regulatory Authority (VARA). The license enables Bitpanda to open its platform to users

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UAE Central Bank Reveals Digital Dirham Symbol, Targets Late 2025 Launch

Coins Legend March 28, 2025 0

The Central Bank of the UAE (CBUAE) has unveiled the official symbol for the Digital Dirham, set to launch in retail markets by late 2025. Digital Dirham to Enable Tokenization The Central Bank of the UAE (CBUAE) has announced significant progress in its Digital Dirham initiative, unveiling the official symbol for the nation’s digital currency. […]