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Cantor Fitzgerald Launches $2 Billion Bitcoin Financing Initiative 

Coins Legend March 11, 2025 0

Cantor Fitzgerald, a global financial services firm, is launching a bitcoin financing business to provide leverage to investors holding the cryptocurrency. Wall Street Firm Expands Into Bitcoin Leverage Services The New York-based company announced it will begin operations with $2 billion in

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BITCOIN Act Revived to Bolster Federal Digital Asset Reserves, Address National Debt

Coins Legend March 11, 2025 0

Sen. Cynthia Lummis (R-Wyo.) reintroduced legislation Tuesday to establish a U.S. Strategic Bitcoin Reserve, aiming to transform former President Donald Trump’s executive order into federal law. Sen. Lummis Reintroduces Bill to Codify Trump’s Strategic Bitcoin Reserve Plan The bill, dubbed the “Boosting Innovation, Technology, and Competitiveness through Optimized

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New Bitwise Bitcoin Standard Corporations ETF Targets Corporate Bitcoin Holders

Coins Legend March 11, 2025 0

The Bitwise Bitcoin Standard Corporations ETF, trading as OWNB, has launched, focusing on corporations holding significant bitcoin assets. OWNB: New ETF Captures Corporate Giants With Heavy Bitcoin Investments In a significant development in the cryptocurrency investment landscape, the Bitwise Bitcoin Standard Corporations ETF commenced trading today under the ticker OWNB.

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Bitcoin Languishes Above $80K After Slumping to 4-Month Low Overnight

Coins Legend March 11, 2025 0

The cryptocurrency dipped below $77,000 overnight before making a modest recovery to $80K in the morning. Bearish Pressure Continues: Bitcoin Lingers Above $80K After Overnight Slump Bitcoin tumbled all the way to $76,624.25 late last night, a 4-month low, before later recovering. The entire cryptocurrency market has lost more than a $1 trillion in value […]

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Fidelity’s ETH ETF Seeks to Reinstate Staking via SEC Filing Amid New Regulatory Climate 

Coins Legend March 11, 2025 0

Cboe BZX Exchange has filed a proposal with the SEC to allow staking in Fidelity’s Ethereum ETF, reversing a 2024 decision to exclude the feature, as regulatory attitudes toward crypto evolve under the Trump administration. SEC Filing Reveals Fidelity’s Plan to Enable Staking in Ethereum ETF Cboe BZX Exchange filed a Form 19b-4 with the […]

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Trump Proposes Tariff-Free Trade for Canada in Exchange for Statehood, BTC Slides Below $80K

Coins Legend March 11, 2025 0

President Donald Trump announced a 50% tariff on Canadian steel and aluminum imports, combining a 25% duty on metals with a 25% general tariff on all Canadian goods, effective March 12, 2025. The move escalates a trade dispute centered on Canada’s “anti-American farmer tariffs” of up to 390% on U.S. dairy products, which Trump called […]

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Bitcoin Mining Costs Expose Deep Divides as Price Trades Below $82K

Coins Legend March 11, 2025 0

As bitcoin trades at $81,626—just shy of the $82,000 mark—disparities in mining costs among leading public firms expose striking operational differences, with some companies extracting bitcoin at a fraction of the network’s estimated average. Mining Bitcoin for Profit? It Depends on Who’s Paying the Power Bill On March 11, 2025, bitcoin’s spot price settled at […]

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Sentiment Shock: Investor Fear Erases $5.5 Trillion as Stock and Crypto Markets Collapse

Coins Legend March 11, 2025 0

According to analysis by The Kobeissi Letter, a rapid shift from extreme greed to extreme fear among investors—not the U.S.-China trade war—has driven a historic $5.5 trillion collapse in global markets since mid-February. Risk Aversion, Not Tariffs, Drives Historic $5.5 Trillion Market Crash The S&P 500 and cryptocurrency markets have collectively lost $5.5 trillion

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Singapore Exchange to Launch Bitcoin Perpetual Futures in 2025, Strengthening Institutional Crypto

Coins Legend March 11, 2025 0

The Singapore Exchange (SGX) is set to make a significant entry into the cryptocurrency derivatives market by introducing bitcoin perpetual futures in the second half of 2025, as reported by Bloomberg. This strategic move aims to cater to the rising institutional interest in digital assets, providing a regulated platform for trading. However, the launch is […]

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Kraken Secures EMI Authorization, Paving the Way for Enhanced Crypto Services in the UK

Coins Legend March 11, 2025 0

Kraken has announced that it has officially secured an Electronic Money Institution (EMI) authorization from the U.K.’s Financial Conduct Authority (FCA). This milestone is set to accelerate Kraken’s growth plans in the U.K. and enable the launch of new products and services tailored to the needs of local clients. The EMI license empowers Kraken to […]