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Dollar’s Decline and Yield Crash: QCP Reveals Hidden Lifeline for Battered Risk Assets

Coins Legend March 12, 2025 0

QCP Capital highlights a stark reversal in post-election market optimism as U.S. equities and crypto face historic sell-offs amid shifting fiscal and risk sentiments. Bitcoin Tests Key Support Level Amid Market Turmoil QCP Capital reported that U.S. stock markets extended declines following

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Blind Signing Vulnerabilities: ZKPs Offer Potential Fix After Bybit Hack

Coins Legend March 12, 2025 0

The hackers behind the Bybit hack have managed to cash out approximately $300 million of the stolen $1.4 billion in digital assets, despite industry efforts to prevent them.The hack has sparked debate about how Web3 firms can prevent similar attacks in the future. Bybit Hack: 20% of Stolen Funds ‘Gone Dark’ Reports suggest cybercriminals behind […]

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Ethereum Community Launches Ether Guild to Bolster Value of ETH

Coins Legend March 11, 2025 0

The price of ether has been on a downward spiral since December, and this new non-profit was launched to solve that problem. Ether Guild Launches: New Initiative Aims to Boost the Cryptocurrency’s Value The Ethereum community has launched a new non-profit organization dubbed Ether Guild to help bolster the value of ether (ETH) whose underperformance […]

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Puerto Rico Court Fines Man $10K Daily for Refusing to Surrender 119 Bitcoin

Coins Legend March 11, 2025 0

A federal court in Puerto Rico has held Juan Carlos Reynoso in contempt for refusing to surrender 119.65 BTC worth approximately $9.7 million, imposing a $10,000 daily fine until he complies with a seizure order. Defendant Faces Mounting Fines After Transferring Seized Bitcoin to Other Wallets Senior U.S. District Judge Francisco A. Besosa ruled on […]

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Franklin Templeton Seeks SEC Approval for Spot XRP ETF in Latest Crypto Push

Coins Legend March 11, 2025 0

Franklin Templeton filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) on March 11, 2025, to launch the Franklin XRP ETF, a spot exchange-traded fund designed to track the price of the cryptocurrency XRP. Franklin Templeton Files to Launch XRP ETF, Leveraging Coinbase Custody and Cboe Listing The proposed Franklin XRP ETF, […]

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Bitcoin Jumps 5.75% as US Trade Tensions Ease and Ukraine Reaches Ceasefire Deal

Coins Legend March 11, 2025 0

Bitcoin’s price rebounded late Tuesday afternoon (4 p.m. ET), climbing to the $83,568 range after dipping below $80,000 earlier in the day. This movement coincided with Canada’s decision to halt electricity tariffs on the United States and Ukraine’s agreement to a 30-day ceasefire with Russia following U.S.-led negotiations in Saudi Arabia. Crypto Market Improves as […]

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Brazilian Meliuz Invests Over $4 Million in Bitcoin Following Strategy’s Playbook

Coins Legend March 11, 2025 0

Meliuz founder and chairman Israel Salmen indicated that the company would use 10% of its cash flow to bitcoin in a bid to improve its profitability in the face of the Brazilian real’s loss of value and high inflation rates. Meliuz Rises as the First Company Implementing Strategy’s Bitcoin Playbook in Brazil Companies in emerging […]

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Gas Prices Down, but Anxiety Up: Decoding the Mixed Signals of America’s Economic Health

Coins Legend March 11, 2025 0

This week, markets have been thrown into turmoil by Trump’s trade skirmishes and his refusal to dismiss the possibility of an impending U.S. recession. At the moment, participants on Polymarket are wagering a 39% probability that the U.S. will slip into an economic downturn before the year concludes, while the likelihood of a Federal Reserve […]

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TWAP Orders on Cow DAO Cross $1 Billion Mark

Coins Legend March 11, 2025 0

Cow DAO, a decentralized autonomous organization focused on Ethereum-based trading, has processed more than $1 billion in Time-Weighted Average Price (TWAP) orders, marking a significant milestone for the decentralized finance (DeFi) platform’s adoption. Cow DAO Hits $1B in TWAP Order Volume as DeFi Adoption Grows Cow DAO (Coincidence of Wants Decentralized Autonomous

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Bitcoin ETFs Suffer $369 Million Outflow Amid Six-Day Withdrawal Streak

Coins Legend March 11, 2025 0

Bitcoin ETFs experienced a net outflow of $369 million, marking the 6th consecutive day of withdrawals, while ether ETFs saw a $38 million outflow, extending their decline to four days. No End in Sight for Outflows From Bitcoin and Ether ETFs The significant outflows from bitcoin and ether exchange-traded funds (ETFs) continued on Monday, Mar. […]