The US Securities and Exchange Commission (SEC) held its first crypto task force roundtable on March 21 to discuss regulation, which ended in a consensus that crypto needs regulatory clarity in the US despite diverging views among the panelists.Panelists ranged from crypto advocates to skeptics and the session focused on longstanding debates, including the classification of digital assets and the limits of existing securities laws in addressing decentralized technologies.Advocates defended decentralization as a gauge for determining whether a token is a security. At the same time, skeptics argued that the current definition by the Howey test works, as the SEC…
Author: cryphedge
Cloud mining continues to be a popular choice for crypto enthusiasts looking to earn passive income by mining Bitcoin and other cryptocurrencies without the need for expensive hardware or technical knowledge. In 2025, several cloud mining platforms have emerged as the top choices for users who want to make the most of their investments. This article will walk you through the seven best Bitcoin cloud mining platforms, highlighting their unique features and advantages. If you’re looking to dive into cloud mining, these platforms offer the best combination of reliability, security, and profitability. 1. Snxcrypto Snxcrypto takes the top spot on…
Bitcoin has dropped 2.4% in the last 24 hours, trading at $83,797, with a $24.98 billion trading volume. As BTC struggles to reclaim the $86,000 level, traders are now watching a sudden whale movement of 534 BTC that could signal major volatility ahead.A dormant Bitcoin wallet, inactive since 2016, has just transferred 534.94 BTC ($45 million) to a new address. The massive move has sparked fears of a potential sell-off, especially as BTC has already fallen 10% in the past month. Is this just a routine fund transfer, or are big players preparing for a market shake-up?Volatility Surges as Market…
Germany’s Federal Financial Supervisory Authority (BaFin) has rejected Ethena Labs’ application to issue asset-referenced tokens under the European Union’s Markets in Crypto-Assets Regulation (MiCAR). The regulator also raised concerns that the sUSDe may constitute an unlicensed security offering.According to BaFin’s official notice, the application submitted by Ethena GmbH, a Frankfurt-based entity under Ethena Labs’ corporate structure, exhibited “significant deficiencies” in organizational practices and failed to meet MiCAR requirements concerning asset reserves and capital adequacy. BaFin immediately imposed enforceable supervisory measures, including prohibiting further public offerings of the USDe token within Germany, and ordered custodians to freeze the token’s reserve assets.Notably, some…
Strategy is set to raise $711.2 million through a preferred stock offering, fueling aggressive Bitcoin accumulation. The firm’s Bitcoin holdings now total 499,226 BTC, reinforcing its bold treasury model amid rising institutional adoption. Strategy, previously named MicroStrategy, is scaling up its Bitcoin mission. Through a combination of confidence and capital, the firm has registered an offering of 8.5 million shares of its 10% Series A Perpetual Strife Preferred Stock at $85 per share. The scheme is anticipated to generate an enormous $711.2 million, funds heading straight into Bitcoin and boosting its day-to-day finances. Strategy announces pricing of its Strife Perpetual…
US investment firm Canary Capital has filed with the Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) that would combine cryptocurrency and NFTs in a single investment product.The proposed fund Canary PENGU ETF, would include the $PENGU token—issued on the Solana blockchain—and digital assets from the Ethereum-based Pudgy Penguins NFT collection, marking the first known attempt to include NFTs in a regulated ETF in the United States.The SEC filing was submitted on Thursday, but it does not provide a timeline for review or approval. Source: Luca NetzWhat is an ETF?An exchange-traded fund (ETF) is a financial…
XRP crypto ETF approval has become a central topic recently, especially after Ripple CEO Brad Garlinghouse openly expressed his confidence about the token’s prospects. During a March 19 Bloomberg interview, he shared a bit of optimism about XRP’s potential inclusion in the U.S. crypto stockpile and the possible approval of several ETFs currently under review.Garlinghouse was clear about the fact that:“I have immense confidence in the ETF. I think there’s 11 different filings pending with the SEC to launch XRP ETFs.”Also Read: Kava Up to 9.86%: Is This 24-Hour Rally Just The Beginning?How XRP’s US Crypto ETF Approval Could Shape…
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Amid Ethereum’s (ETH) continuous price drop, whales and long-term holders have seized the opportunity to buy the dip. On March 21, 2025, the on-chain analytics firm Santiment reported that during the ongoing price decline, crypto enthusiasts have significantly accumulated ETH tokens, leaving only 8.97 million ETH on exchanges, which indicates a bullish trend.Source: SantimentEthereum Reserves Fall to 8.97 Million This massive drop in exchange reserves has occurred for the first time in the past 10 years, with the last instance reported in November 2015. However, the current reserve is 16.4% lower than it was seven weeks ago, indicating potential accumulation by…
DogLibre has announced a partnership with the major Web3 gaming platform Immutable, saying they aim to transform dog welfare and Web3 gaming.According to the press release, this collaboration will help the team’s goal of integrating blockchain technology with real-world applications.More specifically, DogLibre aims to connect blockchain gaming, dog rescue efforts, and AI-driven transparency, it says. This way, the initiative’s impact would spread beyond the digital space.This partnership will produce the first AI-integrated metaverse experience for dog welfare, called DOGL-LIFE. This will enable users to explore a virtual rescue center via interactive elements.Notably, the experience is powered by AI, as well…
