Author: John Smith
The crypto market remained on edge today, March 6, as the war in Iran continued. It also wavered as the US non-farm payrolls and retail sales dropped and the unemployment rate jumped. Summary The crypto market wavered after the latest US non-farm payrolls data. A report showed that the US shed 92,000 jobs in February. US retail sales continued falling in January. Bitcoin (BTC) price remained at $70,000 at press time. Ethereum (ETH) hovered slightly above $2,000, while Ripple (XRP) remained steady above $1.40. Crypto prices reacted to the latest jobs report, which was much worse than expected. The US…
The crypto crash has unfolded under Donald Trump as the president and Paul Atkins as the head of the Securities and Exchange Commission. Summary The crypto market crash has happened under Donald Trump as President. It also tumbled despite the friendly regulations under Paul Atkins. Trump’s second term has been characterized by uncertainty, especially on trade. Crypto crash has happened under Donald Trump Bitcoin (BTC) has already erased all the gains made during the Trump presidency and is now trading at its lowest level since October 2024. Altcoins have done worse, with some notable names like Shiba Inu and Cardano…
Bitcoin spot ETFs recorded $568.45 million in net inflows for the week ending March 6 and were the second consecutive week of positive flows. Summary Bitcoin ETFs recorded $568.45M weekly inflows. A $1.15B buying wave from March 2–4 offset $576M in late-week outflows. Ethereum ETFs added $23.56M, but heavy redemptions erased most midweek gains. Three days of strong buying from March 2-4 totaling $1.15 billion offset outflows on March 5-6 that drained $576.66 million, leaving the week with net positive flows. Bitcoin (BTC) traded below $67,000 after dropping 2% over 24 hours, while total net assets for Bitcoin ETFs reached…
Kalshi faces a class-action lawsuit over disputed payouts totaling approximately $54 million related to bets on Iranian Supreme Leader Ali Khamenei’s departure from office. Summary Kalshi faces a $54M class-action lawsuit over disputed Khamenei bets. Traders say the platform retroactively excluded death-based outcomes. Kalshi argues the death exclusion existed from the market’s launch. Users who wagered Khamenei would leave his position before March 1 claim the prediction market platform retroactively applied a rule excluding death-based outcomes after he was killed in weekend military strikes. The company maintained its terms explicitly prohibiting trading on death scenarios from the market’s inception and…
In this week’s edition of the weekly recap, Strategy disclosed its third-largest Bitcoin purchase of the year, adding $200 million worth of the asset to reach approximately 720,750 total holdings. Summary Strategy bought $200M in Bitcoin, raising holdings to about 720,750 BTC. Deloitte verified USAT reserves in the stablecoin’s first attestation. Kazakhstan plans a $350M crypto allocation from national reserves Additionally, Anchorage Digital engaged Deloitte for USAT’s first attestation report linking Big Four accounting with Tether’s regulated U.S. stablecoin efforts, and Kazakhstan’s central bank confirmed plans to allocate up to $350 million from its reserves for cryptocurrency investments. Strategy maintains…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Tokenization reaching Wall Street is a headline. Building compliant, liquid, enforceable on-chain markets is the real test. Without infrastructure, issuance is just digitization. Summary Issuance isn’t innovation: Tokenizing equities is a milestone, but without compliant trading, liquidity, lending, and enforceable rights, digital securities remain cosmetic upgrades. Wall Street’s cadence is breaking: 24/7 markets and instant settlement are reshaping investor expectations, making fixed hours and delayed clearing structurally outdated. Infrastructure decides the outcome: Purpose-built rails embedding compliance, custody,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum and Solana recover, investors rotate capital into DeFi utility projects built on major Layer-1 networks. Summary As crypto markets stabilize, lending protocol Mutuum Finance gains traction, raising $20.7m and growing to 19k investors. Mutuum Finance is building dual lending markets on Ethereum, combining instant liquidity pools with flexible peer-to-peer loans. Its MUTM token is priced at $0.04 as the protocol prepares P2C and P2P lending markets ahead of launch. After a volatile start to the year, the…
The crypto market will likely maintain its volatility this week as the war in Iran continues and the US releases its consumer inflation report on Wednesday. This article looks at some of the top crypto news to watch this week. Pi Network in the spotlight ahead of Pi Day One of the top crypto news this week will be on Pi Network. The network will conclude the current phase of the network upgrade on March 12. This upgrade is part of that transition from v19 to v23 of the Stellar consensus. Pi Network price will also react to the upcoming…
Crypto prices continued the strong downward trend today, March 8, as the war in Iran continued, pushing crude oil prices to $115 ahead of the upcoming US consumer inflation report. Summary Crypto prices continued falling today, with Bitcoin moving to $96,000. Crude oil prices jumped to over $115 on Hyperliquid. The US will publish its inflation report on Wednesday this week. Bitcoin (BTC) price dropped to $67,000 on Sunday from last week’s high of $74,000. An index tracking the top 20 cryptocurrencies dropped by 1.29% in the last 24 hours, while the Crypto Fear and Greed Index dropped to 18.…
Polkadot price retreated by 3% today, March 6, even as market participants waited for the first DOT ETF and tokenomics overhaul. Summary 21Shares will launch the first spot DOT ETF today. The fund will be seeded with $11 million. History suggests that the fund may struggle to attract inflows. Polkadot (DOT) token dropped to $1.4753, down substantially from this month’s high of $1.745. This retreat happened ahead of the launch of the 21Shares DOT ETF today. Bloomberg’s Eric Balchunas noted that the fund has been seeded with $11 million in assets. This is a substantial amount considering that the three…