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Bitcoin (BTC), the world’s largest cryptocurrency, emerged as the top performer of the past year. The king coin managed to go from trading at a low of $49,121.24 all the way to its all-time high of $109,114.88. Crossing the $100,000 mark was a prominent milestone for BTC investors. This caused the entire globe to view the market in a different way. But BTC was seen struggling following a recent correction. While the market is adjusting to the asset’s current downtrend, BTC could witness another crash. Also Read: De-dollarization and the Digital Currency Battle: Why Gold-Backed Stablecoins Could Replace the USD Peter Schiff Sees Bitcoin Crashing with Nasdaq’s Fall Source: Watcher Guru The price of Bitcoin might be significantly impacted by a Nasdaq decline, according to economist Peter Schiff. The gold advocate has given a dire warning about the king coin’s future. Schiff took to X and said, “ The NASDAQ is down 12%. If this correction turns out to be a bear marke...

1. Reuters: Russia Uses Cryptocurrency in Oil Trade with India to Evade Western Sanctions link Insiders have disclosed that Russia is employing cryptocurrencies in its oil trade with India so as to evade Western sanctions. Some Russian oil companies are making use of cryptocurrencies such as BTC, ETH, and USDT to convert Indian rupees into Russian rubles. According to the insiders, even if the United States lifts the sanctions against Russia in the future and dollar transactions are restored, the Russian oil trade is likely to persist in using cryptocurrencies, for it represents a convenient instrument that contributes to accelerating the transaction process. 2. Singapore Exchange to Launch Bitcoin Perpetual Futures Contracts link The Singapore Exchange (SGX) plans to introduce Bitcoin perpetual futures contracts in the second half of 2025, further expanding the traditional exchange’s presence in the cryptocurrency derivatives market. A spokesperson for the SGX stated via email that th...

On Thursday, March 13, the Securities and Exchange Commission (SEC) website published a document titled ‘Comprehensive Proposal: XRP as a Strategic Financial Asset for the U.S.,’ immediately sparking interest and speculation. In five pages, the document presents a rough outline of how XRP might become a strategic tool in America’s financial arsenal while also proposing the role of several other cryptocurrencies. XRP as a strategic asset: The why In the first section, the document assumes that a government-level adoption of the token could release as much as 30% of the U.S.’ $5 trillion share of the global Nostro accounts – $1.5 trillion – and provide $7.5 billion in annual savings on transaction fees. Picks for you Tonkeeper Pro now supports USDT TRC20 tokens with no TRX required 24 mins ago ...

Earlier today, it was reported that the Trump family was looking to acquire a stake in Binance US. As talks have begun, there was an interesting addition to the discussions. Specifically, Binance founder Changepeng ‘CZ’ Zhao had urged US President Trump to grant him a pardon. Zhao was at the center of the prominent cryptocurrency exchange’s fraudulent activity that saw it plead guilty in 2023. Moreover, the founder and former CEO served four months in prison for his part in the matter. Now he is reportedly pushing for a pardon, according to a Wall Street Journal report. JUST IN: Binance founder CZ is urging President Trump's administration to grant him a pardon. pic.twitter.com/lq5VrYuEgq — Watcher.Guru (@WatcherGuru) March 13, 2025 Also Read: Abu Dhabi’s MGX Acquires $2B Stake in Binance Binance Founder Eyes Pardon From Trump Amid Binacne US Acquisition Talks There is no denying that the cryptocurrency market is a key part of the returning Trump administration. Throu...

DeFi trader hit by MEV attack swapped 440K USDC for just 10K USDT Liquidity issues affected users on two decentralized finance (DeFi) platforms today, though for different reasons and with widely differing consequences. In what appears to be user error, three sizable swaps of 220,000, 131,000, and 91,000 of Circle’s USDC stablecoin netted a total of just over 10,000 tethers (USDT) after falling victim to a maximum extractable volume (MEV) bot. The swaps, made via the Uniswap V3 decentralized exchange, were flagged by blockchain security firm Peckshield, which regularly alerts the DeFi community to hacks, phishing attacks, and suspicious transactions. #PeckShieldAlert 220K $USDC -> 5K $USDT pic.twitter.com/dHnMyzxdea — PeckShieldAlert (@PeckShieldAlert) March 12, 2025 Read more: MEV bot to return $7.5M if Rho Markets admits to oracle error While the three affected transactions all come from distinct addresses, a brief look at their transaction hist...

The price of the Ethereum (ETH) cryptocurrency briefly crashed below $1,800 on Monday, sparking concern among Ether investors. The crypto market is in the midst of a massive sell-off, with several cryptocurrencies crashing in price. While ETH has since recovered to above $1,900, the asset is still down 8% in the past week. The last time Ethereum traded below $1,800 was in October 2023, when it was slowly emerging from the two-year-long bear market. There is solid support at current levels, which were fortunately held to prevent the asset from tanking back to bear market lows. However, Ether is now forming what appears to be a double-top chart pattern. Several analysts have warned that if support here is lost, ETH could fall as low as $1,200. However, the ongoing downturn has made investors fearful as Trump’s tariffs on China and Canada take effect from Tuesday. Canada faces 25% tariffs on goods entering the US while China is slapped with 10% tariffs. The US stock market reacted harshly...

In another statement against Bitcoin integration on an economic level, the UK Treasury Department says it has no plans to implement a strategic Bitcoin reserve like the US. According to the department’s office, the cryptocurrency’s volatility make it unsuitable for the United Kingdom, a spokesperson said this week. “Bitcoin and other crypto assets have been historically volatile assets relative to stable fiat currencies like the US dollar and commodities, such as gold,” the spokesperson said. The representative added, “This volatility makes BTC less suitable as a reserve asset for the UK.” Yes to US Bitcoin Reserve, No to UK Bitcoin Reserve At last week’s US crypto summit , Donald Trump’s administration established a strategic BTC reserve alongside a “stockpile” for other cryptocurrencies. The US President serving a second term non-consecutive has announced several updates and executive orders favoring the crypto industry. Thus, the industry has more eyes on it than ev...

The US stock market has struggled, facing increased volatility and concern throughout the year so far. There is no shortage of companies that have seen their share price fall, with talk of a trade war abounding. However, Tesla (TSLA) has been projected to increase, according to TD Cowen, who has said the stock can surge 45% despite its slow start to the year. The EV manufacturer has been one of the hardest hit stocks of the year, with its price on a major downfall. Although there remains a lot of potential in the robotics and autonomous driving sectors, that has yet to pay off in the near term. However, that could change soon. Source: Bloomberg Also Read: Tesla (TSLA) Drops 27% in February: Analysts Answer What’s Next Tesla Could Have 45% Jump in Store, TD Cowen Says In 2024, Elon Musk had publicly aligned himself with the Trump administration, campaigning to return to the White House. The SpaceX CEO played a critical role in making that happen and was rewarded with a position in Donal...

On March 7, prominent crypto analyst Ali Martinez took to X to share a bearish outlook for XRP, pointing to multiple sell signals flashing on the two-week chart via the TD Sequential indicator.  With XRP trading at $2.53 at the time of his post at 10:08 AM UTC, down from $2.60 on March 6 at 16:37 UTC, when the chart was captured, this 2.7% dip has sparked interest. The TD Sequential indicator is flashing multiple sell signals on the $XRP two-week chart, suggesting a potential shift in momentum! pic.twitter.com/SiyV454FIY — Ali (@ali_charts) March 7, 2025 The TD Sequential, a technical tool developed by Tom DeMark, is designed to spot trend exhaustion and reversals. Operating on a two-week timeframe, it’s a slow-moving signal that often marks significant turning points after prolonged moves.  Picks for you Here are the cry...

The Modi government is placing a ledge on the de-dollarization ideals and making way for the US dollar to thrive. BRICS member India has once again rejected the prospects of a new currency and praised the US dollar for maintaining global stability. India’s Foreign Minister S. Jaishankar spoke in favor of the US dollar sidelining the idea of launching a new currency on the global stage. Also Read: The U.S. Dollar is Losing Luster: Reuters Poll India is the only country in the bloc that is moving away from the formation of a new common currency. BRICS members Russia, China, and Iran are aggressively pursuing the agenda to topple the US dollar from the world’s reserve currency status. The alliance is now divided as India is stepping aside and Brazil also revealed that they plan to drop the idea of a BRICS currency. Also Read: US Dollar & Stock Market Weakens as Trump Tariffs Go Live Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for tr...

The stablecoin issuer Tether has hired a new chief financial officer (CFO) and committed to completing a full audit. The veteran finance executive Simon McWilliams will now serve as CFO for Tether, which issues the dollar-pegged USDT, the top stablecoin by market cap. McWilliams will lead the stablecoin issuer toward a full audit and “spearhead Tether’s further commitment to transparency and regulatory readiness,” according to a press release from the firm. Tether didn’t provide a timeline for the audit. The firm already releases quarterly attestation reports with the accounting giant BDO, but it says a full audit will “ensure greater financial integrity and verification of reserves.” The stablecoin issuer has dealt with regulatory issues recently, including failing to gain compliance with the European Union’s new Markets in Crypto Assets (MiCA) regulations, which has led to crypto exchanges delisting USDT in Europe. MiCA esta...

Entering the year, there were few companies that had the kind of expectations Nvidia had. However, two months into 2025, it has failed to live up to that high bar. Now, all eyes are on what could be causing the volatile price movement. As Nvidia (NVDA) dropped another 9% this week, experts say there is one key reason why. There had always been debates on the company’s ability to continue outperforming expectations. Although it has done just that in its Q4 earnings report, traders did not react the way many would expect out of its stellar financials. Yet, there may be one thing holding the stock back. Source: Fortune Also Read: Nvidia (NVDA) Sets Earnings Record, So Why Hasn’t The Stock Followed? Nvidia Falls Monday as Experts Say Stock Could Struggle for One Key Reason With the company’s Q4 earnings set to be revealed, we projected that Wall Street would likely not flock to the company. Indeed, with the bar continually raised, the exceptional financial report saw the stock b...

The cryptocurrency market has been witnessing major shifts over the past couple of days.. After recording meteoric upticks, the industry was once again drowning in losses. Several assets like Bitcoin (BTC) lost major profits over the past 24 hours. After rising to a high of $94,727, the asset dipped back to a low of $82,467.24. While some were concerned about the king coin’s volatility, a few others were looking at the current scenario as a good buying opportunity. El Salvador, a country known for its inclination towards the cryptocurrency, made use of this to boost its BTC stash. Also Read: SUI Cryptocurrency To Reach $10B Market Cap in March 2025? Current Market Source: Watcher Guru Over the past 24 hours, the world’s largest cryptocurrency, dipped by nearly 10%. At the time of writing, the king coin was trading at $84,124.73. It should be noted that Bitcoin surged all the way to a high of $109,114.88. Currently the asset is 23% below this peak. Source: CoinMarketCap Sever...