The total value of cryptocurrencies locked (TVL) in decentralized finance (DeFi) protocols has lost all its gains since Donald Trump was elected the US President in November 2024. Since the US election, DeFi TVL rose to as high as $138 billion on Dec. 17 but has retracted to $92.6 billion by March 10, as noted […]

Today in crypto, cryptocurrency exchange-traded products (ETPs) recorded a fourth straight week of outflows, with $876 million in losses during the past trading week, Utah’s senate has passed a Bitcoin bill without the Bitcoin reserve provision, and Changpeng “CZ” Zhao asked Elon Musk to ban automated bots on X. Crypto ETPs see fourth straight week […]

Software intelligence firm turned Bitcoin investment behemoth Strategy remains $7.8 billion in profit on its Bitcoin holdings despite the cryptocurrency’s recent drop to $80,000. On March 10, Bitcoin (BTC) recorded its largest weekly decline on record, shedding more value in the past seven days than at any other time in its trading history. Cointelegraph Markets […]

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 […]

XRP (XRP) price has recovered from its low of $1.94 reached on Feb. 28, but it’s still trading below a key resistance zone. Will XRP’s price drop further in the coming days? XRP/USD daily chart. Source: Cointelegraph/TradingView XRP price must hold above $2.00 Today’s drop in XRP price is part of a correction that began […]

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 […]

An Ethereum developer says the recent Pectra upgrade of the Sepolia testnet ran into errors, which was made worse after an attacker used an “edge case” to cause the mining of empty blocks. Pectra rolled out on its final testnet, Sepolia, at 7:29 am on March 5, but Ethereum developer Marius van der Wijden said […]

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 […]

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 […]

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 […]