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Bitcoin (BTC) Consolidates at $86K, Pi Network (PI) Plummets by 12% (Weekend Watch)
The cryptocurrency market is witnessing a period of stability, with many digital assets holding steady at levels observed on March 8. Bitcoin (BTC), in particular, has experienced fluctuations but has largely remained around the $86,000 threshold, marking a minor decline of just 0.4% over the past 24 hours. ### The Calm Before the Storm? Recent…
Continue ReadingNigeria’s new crypto tax policies may not drive the revenue it needs
In February, the Nigerian government initiated legal action against Binance, claiming the cryptocurrency exchange owes over $81 billion in unpaid taxes. This lawsuit is part of a broader strategy to enhance tax revenues through new regulations aimed at the cryptocurrency sector. Despite the government’s ambitious projection of generating substantial tax revenue from crypto transactions, experts…
Continue ReadingRipple v. SEC Lawsuit Update March 9th
The prolonged legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to evolve with speculation surrounding the implications of a potential leadership change at the SEC. As Ripple grapples with a $125 million penalty imposed following a ruling by Judge Torres last summer, recent discussions have focused on the prospect of…
Continue ReadingFed not cutting rates ‘at all’ in 2025 may trigger a bear market — Analyst
Network economist Timothy Peterson has raised concerns that the US Federal Reserve’s decision to refrain from interest rate cuts in 2025 could trigger a more extensive market downturn, potentially pushing Bitcoin back toward the $70,000 mark. In a post on March 8, Peterson stated, “What it needs is a trigger. I think that trigger may…
Continue ReadingThe 5 Best Bitcoin Mining Pools in 2025: Complete Guide
Understanding Bitcoin Mining Pools: Navigating the Competitive Landscape In the world of cryptocurrency, Bitcoin mining pools have become a crucial element, particularly as mining has evolved into a more competitive and resource-heavy endeavor. A mining pool is essentially a collective of miners who combine their computational power to enhance their chances of successfully mining new…
Continue ReadingBitcoin Demand in Contraction After Trump’s Crypto Reserve Announcement: CryptoQuant
This week in the cryptocurrency landscape, Bitcoin (BTC) and the broader market experienced a momentary surge, driven by headlines surrounding the establishment of a United States Strategic Crypto Reserve. However, this boost was short-lived as the market quickly reverted to a state of stagnation and overall negative movement. According to a recent report from market…
Continue ReadingEx-Girlfriend of ‘The Godfather’ Pleads Guilty to Tax Evasion in $16M Crypto Case
Iris Ramaya Au, a 35-year-old resident of Irvine, is set to appear in the United States District Court in Los Angeles, having agreed to plead guilty to a federal tax charge stemming from her involvement with Iza, a self-described cryptocurrency fraudster dubbed “The Godfather.” Au stands accused of failing to report over $2.6 million in…
Continue ReadingMichael Saylor Shares ‘$100 Trillion’ Crypto Strategy at White House Summit
Michael Saylor, the co-founder of Strategy, has put forth an ambitious cryptocurrency strategy at the inaugural White House Digital Assets Summit. His vision suggests that the United States could potentially unlock nearly $100 trillion in economic value over the next decade by creating a clear regulatory framework, enhancing innovative conditions, and strategically accumulating Bitcoin. Classifying…
Continue ReadingThe 5 Best Crypto Staking Platforms in 2025: Everything You Need to Know
Crypto staking is pivotal in the realm of blockchain technology, especially within Proof-of-Stake (PoS) networks. This mechanism isn’t just an optional feature; it is essential for maintaining security and validating transactions across many cryptocurrency platforms. By participating in staking, token holders lock their assets in designated wallets to support the network’s operations, reinforcing the very…
Continue ReadingBitcoin investors share mixed reactions to White House Crypto Summit
The March 7 White House Crypto Summit stirred diverse sentiments within the Bitcoin (BTC) community, eliciting a spectrum of responses from participants and investors. Some hailed it as a pivotal moment for cryptocurrency, while others dismissed it as lackluster. Crypto trader Miles Deutscher claimed the event had a “massive net positive” effect on Bitcoin, even…
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