Bear Trap or 2021-Style Breakout?

Cardano retraces to $0.70 after a 72% surge, mirroring 2021’s price action. On-chain data shows accumulation, while derivatives traders reduce exposure, signaling market uncertainty. A breakout or bear trap? Short-seller liquidations could trigger a massive price rally. Cardano’s ADA soared 72% in one day, reaching $1.14. Excitement quickly faded as the price dropped back to…

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Bitwise Launches ETF Tracking Companies with Large Bitcoin Holdings

Some of OWNB’s holdings include Strategy and Bitcoin mining companies. Corporate Bitcoin treasuries surged past $54 billion, fueling even more institutional interest. Meanwhile, Wall Street is deepening its crypto involvement after Cantor Fitzgerald announced the launch of a $2 billion digital asset financing business. Despite Bitcoin’s recent price drop, analysts see it as a healthy…

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Japanese Investment Firm Metaplanet Does Not Listen to the Drop! Continues to Buy Bitcoin! Here is the Last BTC Amount It Bought

Tokyo-listed investment firm Metaplanet has expanded its Bitcoin holdings by purchasing an additional 162 BTC, bringing its total to 3,050 BTC. Metaplanet Adds 162 BTC to Treasury, Stock Jumps 8% According to CEO Simon Gerovich, who confirmed the purchase via X (formerly Twitter), the company spent $13.5 million on the latest purchase at an average…

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XRP and MUTM: 2 Cryptocurrencies to Buy This Week for Long-Term Returns

With the crypto market facing uncertainty, investors are looking for assets with strong long-term potential. While XRP remains a well-known contender, Mutuum Finance (MUTM) is gaining traction as a promising DeFi project. Currently in its presale phase at $0.02, MUTM offers real utility through decentralized lending and borrowing, attracting investors seeking sustained growth. With its…

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Luxury fashion giant LVMH sued over NFT patent tech for watches

A company selling smartwatch face designs through non-fungible tokens has sued LVMH, accusing the luxury fashion conglomerate of patent infringement. In a March 10 complaint filed to a Texas federal court, Watch Skins Corporation alleged that LVMH misappropriated its “pioneering NFT display technology.” Watch Skins claimed it developed a unique system that allows users to…

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Major Industry Victory: US Congress Overturns IRS Crypto Rules

The US House and Senate voted to overturn the controversial IRS disclosure requirements for certain crypto brokers, relieving excessive burdens on digital asset transactions.  On March 11, the US House of Representatives approved a resolution to overturn the Biden Administration’s controversial “Broker Rule.”  Resolution Approved to Overturn “Broker Rule” The US House of Representatives voted…

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Senate Committee Prepares for Key Vote on Stablecoin Bill Overhaul

The updated stablecoin bill requires higher reserve standards along with increased requirements for liquidity and conformity for overseas issuers.  Federal regulation will apply to stablecoin issuers beyond the $10 billion market cap Threshold.  Market demand for stablecoins continues to expand because they now constitute over 1% of the U.S. dollar money supply. Senate Banking Committee…

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