A recent survey by crypto investment platform Bitpanda reveals a significant disconnect between European financial institutions and investor demand for digital assets. Despite over 40% of business investors already holding cryptocurrencies—and another 18% planning to invest soon—only 19% of surveyed institutions report seeing strong client demand for crypto services. The survey, which included 10,000 retail...
Crypto-friendly trading platform eToro has filed for an initial public offering (IPO) in the United States, aiming to list its Class A common shares on the Nasdaq Global Select Market under the ticker symbol “ETOR.” The company announced on March 24 that it submitted a Form F-1 registration statement with the U.S. Securities and Exchange...
Cryptocurrency exchange-traded products (ETPs) have logged 17 consecutive days of outflows, the longest negative streak since CoinShares began tracking in 2015. The persistent withdrawals reflect growing investor caution, with $1.7 billion pulled from the market in the past week alone. According to CoinShares’ March 17 report, the five-week cumulative outflow now stands at $6.4 billion....
Elon Musk has sparked new debate over government spending practices, claiming that multiple U.S. federal departments are using what he calls “magic money computers” capable of issuing payments “out of thin air.” Speaking on the March 17 episode of Senator Ted Cruz’s podcast *Verdict*, Musk said at least 14 such systems exist across departments including...
Ether has declined over 53% since December, with analysts warning of further losses amid trade war concerns and persistent ETF outflows. The cryptocurrency continues to struggle against macroeconomic pressures, including U.S. import tariffs and a lack of builder activity on the Ethereum network, leading to prolonged selling pressure. TradingView data indicates that Ether’s downward trend...
The total value locked (TVL) in decentralized finance (DeFi) protocols has erased all gains made since the November 2024 U.S. presidential election, reflecting a broader shift in market sentiment. Following Donald Trump’s victory, DeFi TVL surged to $138 billion by Dec. 17 but has since retracted to $92.6 billion as of March 10, according to...
As U.S. President Donald Trump prepares to host the first White House Crypto Summit on March 7, more than 20 industry leaders have confirmed their participation. The roundtable, scheduled from 6:30 pm to 10:30 pm UTC, is expected to include over 25 attendees, including members of the Presidential Working Group on Digital Assets. According to...
The U.S. Senate has decisively rejected a set of brokerage regulations proposed by the Biden administration that sought to impose new requirements on cryptocurrency transactions. The regulations, which aimed to mandate software developers and decentralized finance (DeFi) platforms to collect user data, were struck down in a significant legislative move. While the Senate’s decision marks...
The US Securities and Exchange Commission (SEC) has abandoned its appeal in a case that sought to expand the definition of a dealer, a move widely viewed as a threat to decentralized finance (DeFi) platforms. In a filing to the Fifth Circuit Appeals Court on February 19, the SEC stated its decision to “voluntarily dismiss...
Web3 payment infrastructure provider Transak has obtained Money Transmitter Licenses (MTLs) in Illinois and Missouri, allowing it to operate independently in these states, crypto.news has confirmed. This development enables Transak to directly facilitate fiat-to-crypto transactions for residents and businesses without reliance on external provider licenses. A Money Transmitter License permits firms in the U.S. to...
