Author Archives: admin

Unichain, Berachain lead blockchain growth in past month — Nansen

Uniswap’s newly launched Ethereum layer-2 network, Unichain, was the fastest-growing blockchain in its debut month, according to blockchain data firm Nansen. Unichain, which launched its mainnet on Feb. 11, saw 236,452 active addresses in its first month, according to blockchain analytics firm Nansen. While impressive for a new network, Unichain’s user base remains small compared […]

BBVA gets regulatory nod to offer Bitcoin and Ether trading in Spain

Banco Bilbao Vizcaya Argentaria (BBVA) announced on March 10 that it had received the nod from Spain’s securities regulator, the Comisión Nacional del Mercado de Valores (CNMV), to offer Bitcoin (BTC) and Ether (ETH) trading services to its customers.  Spain’s second-largest bank’s crypto offerings in Spain will enable users to buy, sell and manage digital […]

US dollar plunge powers Bitcoin bull case, but other metrics concern: Analyst

A weakening US dollar could be bullish for Bitcoin, but two metrics could be cause for concern in the short term, according to Real Vision crypto analyst Jamie Coutts. “While my framework is turning bullish as the dollar plunges, two metrics still raise alarms: Treasury Bond volatility (MOVE Index) and Corporate Bond spreads,” said Coutts […]

Robinhood to pay $30M to settle US regulator probes

Online trading platform Robinhood has agreed to pay $29.75 million to settle several probes from the Financial Industry Regulatory Authority (FINRA) related to the company’s supervision and compliance practices. The settlement figure consisted of a $26 million civil fine and $3.75 million restitution to customers, FINRA said on March 7. Robinhood failed to “respond to […]

US housing dept mulls blockchain, stablecoin to pay and monitor grants: Report

The US Department of Housing and Urban Development is reportedly looking to experiment with using blockchain and a stablecoin for some of its functions. The department, whose duties include overseeing social housing, has so far discussed the possibility of using blockchain to monitor grants, ProPublica reported on March 7, citing a meeting recording, documents and […]

Utah’s Senate passes Bitcoin bill — but scraps key provision

Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve. The HB230 “Blockchain and Digital Innovation Amendments” bill now only provides Utah citizens with basic custody protections, the right to mine Bitcoin (BTC), run a node and […]

Utah’s Senate passes Bitcoin bill — but scraps key provision

Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve. The HB230 “Blockchain and Digital Innovation Amendments” bill now only provides Utah citizens with basic custody protections, the right to mine Bitcoin (BTC), run a node and […]

Here’s what happened in crypto today

Today in crypto, CZ asks Elon Musk to ban automated bots on X, disappointment surrounding the US Strategic Bitcoin Reserve signals unrealistic investor expectations, and according to regulatory experts, Michael Saylor advocated for an aggressive US government approach to Bitcoin accumulation. CZ asks Elon Musk to get rid of automated bots on X Binance co-founder […]