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Category: Cryptocurrency

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Reddit co-founder trying to buy TikTok and bring it ‘on chain’

Reddit co-founder Alexis Ohanian confirmed he’s joined up to a deal to bring TikTok under US ownership to help it avert the Trump administration’s planned nationwide ban. Reddit co-founder Alexis Ohanian has confirmed he has joined Project Liberty’s bid to acquire TikTok’s US operations with the aim of bringing the platform onto a blockchain. Ohanian’s…
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Bitcoin will face ‘significant resistance’ reclaiming $94K: Analysts

Bitcoin may struggle to hold and continue higher above the $94,000 price level it was last trading at on March 3, according to crypto analysts. Bitcoin may struggle to move above $94,000 after its failed attempt to reclaim the price level two days ago, Bitfinex analysts say. “Any recovery to take the price back above…
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Mexican billionaire says he’s ‘all in’ on Bitcoin with 70% exposure

Mexican entrepreneur Ricardo Salinas, who first bought Bitcoin at $200 around 12 years ago, has increased his Bitcoin exposure from 10% to 70% over the past four and a half years. Ricardo Salinas, founder and chairman of Mexican conglomerate Grupo Salinas, said 70% of his investment portfolio is now allocated to Bitcoin-related assets — up…
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Traders longing ADA futures spike after Trump’s crypto reserve reveal: Bitrue

Trump plans to include ADA in a US strategic Bitcoin reserve, and futures traders are bullish. Longing Cardano futures has emerged as the fastest growing trade on Bitrue after President Donald Trump announced plans to add the altcoin to a US strategic cryptocurrency reserve, the crypto exchange said on March 3. As of March 3, Bitrue…
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Bitcoin price action mirrors 2019 ‘Xi pump,’ are new BTC lows incoming?

Analysts say Bitcoin’s recent weekend pump to $95,000 is eerily similar to the “Xi pump” in 2019. Bitcoin’s weekly chart was on track to close below $90,000 for the first time since November 2024, but a late surge pushed prices higher following US President Donald Trump’s announcement of a crypto strategic reserve. Bitcoin weekly chart. Source: TradingView…
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XRP ‘distribution’ hits record level as the altcoin trades below $3

XRP retraced most of its recent “Trump pump” and data shows whales selling their positions. On March 2, XRP registered a massive rally of 34.15%. The price pump came after US President Donald Trump’s announcement that XRP would be included in a US strategic crypto reserve alongside Solana and Cardano. XRP 1-day chart. Source:TradingView However, the…
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Ethereum Foundation officially announces new leadership

The change to the Ethereum Foundation followed months of complaints from the community that the project was headed in the wrong direction. The Ethereum Foundation has announced a new leadership structure consisting of two co-directors of the Foundation, Hsiao-Wei Wang — a core researcher at the Ethereum Foundation, and Tomasz Stańczak, the CEO of Nethermind…
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Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the Ethereum Foundation announces new leadership, US President Donald Trump will host the first White House Crypto Summit on March 7, bringing together industry…
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Bybit hackers resume laundering activities, moving another 62,200 ETH

The Bybit hackers picked up the pace on March 1, laundering another 62,200 Ether amid efforts from US authorities to block transactions tied to the exploiters. North Korea’s Lazarus Group laundered another 62,200 Ether, worth $138 million, from the Feb. 21 Bybit hack on March 1 — leaving only 156,500 left to be moved, a…
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Bitcoin spot and margin longs push BTC to $85K, but the bottom isn’t in yet

Is the Bitcoin bottom in, or is today’s price action simply an oversold bounce that will trap overleveraged bulls? The Bitcoin sell-off, which dominated a majority of the weak, appears to be easing off, with BTC price making a recovery back in the $80,000 range to reach an intra-day high at $85,120. Some traders believe…
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