News

Metaplanet Borrows $13.5 Million (¥2 Billion) to Buy More Bitcoin

Coins Legend March 12, 2025 0

Japanese hotel developer and bitcoin treasury firm Metaplanet is borrowing ¥2 billion or roughly $13.5 million to buy more bitcoin (BTC). The company posted the announcement via its X account on Tuesday evening. Metaplanet currently owns 2,888 BTC and recently implemented a strategy that will

News

Market Makers Accused of Helping Investors Bypass Locked Token Arrangements

Coins Legend March 12, 2025 0

Venture capital firms and angel investors are reportedly circumventing lock-up periods for crypto tokens by using market-making firms to trade them off-market. Constructing ‘Two-Sided Books’ Some venture capital (VC) firms and angel investors reportedly have devised methods enabling them to offload locked-up tokens before they can be traded on the open market. According to

News

SOL Strategies to Control Over 3.3 Million Staked SOL Following Major Validator Acquisition

Coins Legend March 12, 2025 0

Sol Strategies has signed a definitive agreement to acquire three Solana validators, including the prominent Laine validator, and the analytics site Stakewiz.com. This move significantly boosts its staked SOL to 3.3 million and enhances its institutional staking services on the Solana blockchain. Sol Strategies Strengthens Solana Presence with Acquisition of Laine

News

Deutsche Börse Launches Crypto Custody With Clearstream for Institutional Investors

Coins Legend March 12, 2025 0

Deutsche Börse is launching a crypto custody service through Clearstream, enabling institutional investors to securely store and settle cryptocurrencies. Deutsche Börse Announces New Crypto Custody Service Deutsche Börse Group announced on March 11 that its post-trade services arm, Clearstream, will launch a new crypto custody solution for institutional investors.

News

California Shuts Down 42 Crypto Scam Sites—$6.5M Stolen in Massive Fraud

Coins Legend March 12, 2025 0

California has shut down 42 fraudulent crypto websites, exposing a $6.5 million scam that drained victims of an average $146,306 each. 42 Fraud Sites Dismantled—How Scammers Built Fake Crypto Worlds to Steal Millions California Attorney General Rob Bonta announced on March 10 that the state had taken decisive action against fraudulent cryptocurrency schemes by shutting

News

US Lawmaker: Stablecoins Key to Strengthening Dollar’s Dominance

Coins Legend March 12, 2025 0

A U.S. congressman stressed that a well-regulated stablecoin market is essential for maintaining the dollar’s global dominance, modernizing payments, and expanding financial access without government overreach. Lawmakers Debate Stablecoin Role in Securing US Dollar’s Future House Financial Services Committee Chairman French Hill (R-AR) stressed that a well-regulated

News

Michael Saylor to White House: Bitcoin Reserve Could Generate $81 Trillion for US

Coins Legend March 12, 2025 0

The Strategic Bitcoin Reserve could generate up to $81 trillion for the U.S. Treasury by 2045, offsetting national debt and securing economic dominance. Michael Saylor Calls on the US Government to Embrace Bitcoin for $81 Trillion Growth Michael Saylor, executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, outlined

News

Congress Torches IRS Crypto Rules in Major Win for Digital Assets

Coins Legend March 12, 2025 0

Congress just delivered a massive win for crypto innovation, overturning the controversial IRS crypto rules that critics say stifled digital asset growth and pushed development overseas. US House and Senate Overturn IRS Crypto Rules, Easing Compliance Burdens The U.S. House of Representatives approved H.J. Res. 25 on March 11, aiming to overturn the previous

News

Robert Kiyosaki: Biggest Crash in History Is Here—’Millions Will Be Crushed’

Coins Legend March 12, 2025 0

Robert Kiyosaki warns the biggest financial crash in history has begun, predicting millions will be wiped out. He urges investors: “Do not panic.” Robert Kiyosaki Says ‘Do Not Panic’ as the Biggest Financial Disaster in History Begins Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has once again issued a dire warning […]

News

Arthur Hayes Predicts Bitcoin Bottom at $70K, Sees Strong Bull Market Ahead

Coins Legend March 12, 2025 0

Bitcoin could drop to $70,000 before its next rally, Arthur Hayes predicts, emphasizing patience. He warns of short-term volatility and highlights central banks’ role in driving future gains. Arthur Hayes on Bitcoin’s Next Move: Will BTC Drop to $70K? Arthur Hayes, former CEO of crypto exchange Bitmex, has shared his outlook on bitcoin’s price trajectory […]