Crypto News

- Gemini shares climbed in after-hours trading on Thursday after the crypto exchange business reported a shift toward more stable revenue streams and outlined an expansion into prediction markets, even as trading activity declined. The stock rose about 7% to $6.45 in late trading after closing at $6.01, as investors appeared to focus on its improving revenue mix and cost-cutting efforts rather than weaker volumes. The company reported fourth-quarter trading volume of $11.5 billion, down 30% from the prior quarter as broader crypto market activity cooled, according to a shareholder letter published Thursday. Despite that decline, transaction revenue held relatively steady, supported by changes to fee structures and a higher mix of...

- Gemini shares climbed in after-hours trading on Thursday after the crypto exchange business reported a shift toward more stable revenue streams and outlined an expansion into prediction markets, even as trading activity declined. The stock rose about 7% to $6.45 in late trading after closing at $6.01, as investors appeared to focus on its improving revenue mix and cost-cutting efforts rather than weaker volumes. The company reported fourth-quarter trading volume of $11.5 billion, down 30% from the prior quarter as broader crypto market activity cooled, according to a shareholder letter published Thursday. Despite that decline, transaction revenue held relatively steady, supported by changes to fee structures and a higher mix of...

- Popular tech YouTuber turns down million-dollar deal to speak on crypto Crypto promotions have become a familiar part of internet culture. But not every big name is willing to take the deal. Tech YouTuber Marques Brownlee, better known as MKBHD, said in a March 18 interview that one of the largest sponsorship offers he has ever received was tied to crypto, and that he rejected it. MKBHD is one of YouTube’s biggest tech voices Brownlee is one of the most influential technology creators on YouTube. His main channel has about 20.8 million subscribers, with over 5.3 billion views and has been active since March 21, 2008. Forbes estimated his 2025 creator earnings at $10 million and ranked him No. 17 on its Top Creators list. Known...

- Popular tech YouTuber turns down million-dollar deal to speak on crypto Crypto promotions have become a familiar part of internet culture. But not every big name is willing to take the deal. Tech YouTuber Marques Brownlee, better known as MKBHD, said in a March 18 interview that one of the largest sponsorship offers he has ever received was tied to crypto, and that he rejected it. MKBHD is one of YouTube’s biggest tech voices Brownlee is one of the most influential technology creators on YouTube. His main channel has about 20.8 million subscribers, with over 5.3 billion views and has been active since March 21, 2008. Forbes estimated his 2025 creator earnings at $10 million and ranked him No. 17 on its Top Creators list. Known...

- Bitcoin Faces Volatile 'Quadruple Witching' Event Bitcoin (CRYPTO: $BTC) is likely to be more volatile than usual on March 20 as the largest cryptocurrency faces a “quadruple witching” event. The quadruple witching occurs on the third Friday of March, June, September, and December each year. In the event, trillions-of-dollars worth of contracts expire across four major types of derivatives: stock index futures, stock index options, single-stock options, and single-stock futures. The quadruple witching happens because Wall Street traders must close, roll over, or settle their positions simultaneously, leading to a surge in trading activity and violent price swings. Derivatives in the stock market are financial contracts whose...

- Bitcoin Faces Volatile 'Quadruple Witching' Event Bitcoin (CRYPTO: $BTC) is likely to be more volatile than usual on March 20 as the largest cryptocurrency faces a “quadruple witching” event. The quadruple witching occurs on the third Friday of March, June, September, and December each year. In the event, trillions-of-dollars worth of contracts expire across four major types of derivatives: stock index futures, stock index options, single-stock options, and single-stock futures. The quadruple witching happens because Wall Street traders must close, roll over, or settle their positions simultaneously, leading to a surge in trading activity and violent price swings. Derivatives in the stock market are financial contracts whose...

- Mysterious traders move nearly $300 million in crypto as oil surges A fresh escalation in the Iran-Israel conflict sent shockwaves through global markets on March 19, after strikes on key energy infrastructure raised fears of prolonged supply disruptions. Oil surged, inflation concerns resurfaced and investors moved quickly into a defensive posture. The shift rippled across asset classes, dragging both traditional and digital markets lower. Crypto showed little sign of acting as a hedge. Instead, price action and on-chain flows pointed to a broader risk-off move, one that may be forcing long-term holders to rethink positioning. War-driven oil spike sets risk-off tone The sell-off was triggered by a sharp escalation in the...

- Morgan Stanley Prepares Bitcoin ETF for NYSE Arca Launch, Picking MSBT Ticker Investment banking giant Morgan Stanley has updated its Bitcoin ETF application, adding Fidelity as a custodian and disclosing that the fund will be listed on the NYSE Arca under the MSBT ticker when it launches. The Morgan Stanley Bitcoin Trust will offer investors a fee waiver on the first $5 billion invested for six months, the firm said Wednesday in an amendment to its S-1 SEC form. The firm first registered its Bitcoin fund alongside a Morgan Stanley Solana Trust in January. Based on SEC filings, it appears that the BTC fund could get listed before its SOL counterpart. The Solana filing hasn't been updated since its initial S-1 was filed. At the...

- Morgan Stanley Prepares Bitcoin ETF for NYSE Arca Launch, Picking MSBT Ticker Investment banking giant Morgan Stanley has updated its Bitcoin ETF application, adding Fidelity as a custodian and disclosing that the fund will be listed on the NYSE Arca under the MSBT ticker when it launches. The Morgan Stanley Bitcoin Trust will offer investors a fee waiver on the first $5 billion invested for six months, the firm said Wednesday in an amendment to its S-1 SEC form. The firm first registered its Bitcoin fund alongside a Morgan Stanley Solana Trust in January. Based on SEC filings, it appears that the BTC fund could get listed before its SOL counterpart. The Solana filing hasn't been updated since its initial S-1 was filed. At the...

- What's the Scoop Crypto.com's decision to reduce its staff by approximately 180 employees is part of a strategic shift towards enhancing efficiency through artificial intelligence. By focusing on AI, the company aims to increase productivity and streamline operations. This article has been published in finance.yahoo.com via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/crypto-com-fires-12-staff-183423237.html?pl2=topic-stream_fltrd-strs

- Morgan Stanley sends bold message on crypto asset allocation Wall Street is still in the beginning stages of adopting cryptocurrency funds, according to a top executive at Morgan Stanley. Speaking at the DC Blockchain Summit, Amy Oldenburg, the bank’s head of digital asset strategy, noted that while some feel crypto has been around for years, the professional side of the business is still in its infancy. A market driven by individual investors Current data from the bank reveals a massive gap between professional money managers and everyday investors. Oldenburg shared that 80% of the distribution seen on the platform is coming from "self-directed" business rather than accounts managed by financial advisors. She emphasized...

- Mysterious traders move nearly $300 million in crypto as oil surges A fresh escalation in the Iran-Israel conflict sent shockwaves through global markets on March 19, after strikes on key energy infrastructure raised fears of prolonged supply disruptions. Oil surged, inflation concerns resurfaced and investors moved quickly into a defensive posture. The shift rippled across asset classes, dragging both traditional and digital markets lower. Crypto showed little sign of acting as a hedge. Instead, price action and on-chain flows pointed to a broader risk-off move, one that may be forcing long-term holders to rethink positioning. War-driven oil spike sets risk-off tone The sell-off was triggered by a sharp escalation in the...

- South Korea is not just delaying its crypto tax anymore. It wants to kill it entirely. The People Power Party has introduced a bill to strike digital asset taxation from the Income Tax Act completely, ahead of its rescheduled 2027 implementation. The opposition Democratic Party, which holds the legislative majority and previously only agreed to a delay, is now reviewing full abolition. The reason is hard to ignore. $110 billion in capital flight. Traders moved funds offshore specifically to escape the planned 22% levy. That number changed the political calculus fast. Key Takeaways The Mechanics of the Korea Crypto Abolition Bill Explained The disparity driving this debate is stark. Under the planned law, South Korean crypto...

- Citigroup’s Top Crypto Stock Picks Are Circle And Bullish Analysts at Wall Street bank Citigroup say Circle Internet Group and Bullish are the two best cryptocurrency stocks to buy now. Citigroup remains constructive on the crypto sector despite ongoing legislative uncertainty surrounding digital asset regulations and volatile price movements in Bitcoin. Analysts at Citigroup say that their top overall pick in the crypto space is stablecoin issuer Circle, which the bank rates a buy with a $243 U.S. price target. The price target on Circle stock is 97% higher than where the shares currently trade. Citigroup remains bullish on Circle Internet Group even after the stock has gained 48% this year. The analysts see expanding...

- Stablecoin Bill Enters Final Stage — Yield Rules and DeFi Are on the Line Stablecoin legislation bill is one step away from crossing the finish line. Senator Thom Tillis confirmed Wednesday that a deal on digital asset yield is very close. Finalized text is expected next week. The core question is simple but massive. Can stablecoin issuers and exchanges legally offer yield on deposits and compete directly with banks? Or does that revenue stream get walled off permanently? The answer is coming fast. Key Takeaways: Stablecoin Bill Points of Contention: Yield and Exchange Rewards The entire stablecoin bill hinges on one mechanism: Yield. The fight is between banks and crypto firms over whether non-bank entities can legally offer...

- Markets came into March 19 already on edge. The Federal Reserve has just delivered its latest policy verdict, oil is surging on Middle East supply fears, and even seasoned traders are struggling to find footing. Crypto did not escape the pressure. Bitcoin slid again after the Fed's FMOC meeting, extending a pullback that has kept traders focused on downside targets rather than a quick return to late-2025 highs. That has revived a more defensive tone among analysts, with some warning that Bitcoin could still have more ground to lose. Analysts warn Bitcoin may have further to fall In a March 19 post, market analyst Benjamin Cowen said: “Bitcoin when valued against Gold will likely drop to the range lows later this year.” The...

- The last few months have been nothing but tumultuous for the crypto industry. Shutdowns and bankruptcies of different companies keep making news. Worse, several employees working at leading crypto firms have lost their jobs in the past few months. Whether crypto trading exchanges such as OKX and Gemini Space Station (NASDAQ: GEMI) or the blockchain firms such as MANTRA, some of the leading brands in the crypto industry have fired staff in recent months. Sometimes, it's a restructuring process; sometimes, artificial intelligence (AI). Now, it has come to light that two leading crypto companies have announced layoffs in a span of two days. Algorand Foundation fires 25% of staff Launched in 2019, Algorand Foundation is a layer-1...

- UK to Dissolve Crypto Exchange Accused of Aiding Iranian Sanctions Evasion Britain’s company register, Companies House, has moved to dissolve Zedxion Exchange Ltd., a cryptocurrency platform accused of processing funds for Iran’s Islamic Revolutionary Guard Corps (IRGC), according to a notice published on its website. The action follows U.S. sanctions imposed in January by the Treasury’s Office of Foreign Assets Control (OFAC), which designated Zedxion and a related entity, Zedcex, for their alleged role in enabling Iran to evade sanctions and for links to sanctioned financier Babak Zanjani. Companies House said the shutdown was related to “information or a statement in an application for incorporation that is misleading, false or...

- Bitcoin falls below $70K as markets tumble after oil price spike Markets are down in the early morning hours of March 19. The downward sentiment came after WTI oil moved upwards again toward $97 per barrel after further attacks on critical energy infrastructure in the Middle East. Iran carried out missile strikes targeting a facility in Qatar that hosts the world’s largest LNG export plant, part of a broader escalation following an earlier Israeli attack on Iran’s South Pars gas field. U.S. President Donald Trump issued a temporary waiver of the Jones Act, allowing foreign vessels to transport oil and gas between U.S. ports for 60 days to ease domestic shipping costs. Owing to the volatility in oil prices and the subsequent...

- Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) dropped after the Federal Reserve's March 18 rate decision. Bitcoin fell roughly 5% to around $70,500 while the XRP price slid from above $1.50 to $1.45. Over $158 million in leveraged longs were liquidated within four hours of the news, and the total crypto market cap fell below $2.5 trillion. The rate hold wasn't a surprise, as markets had a 99% chance of no cut priced in. The real surprise was everything else that happened in the same session. There was a hotter-than-expected inflation reading. Israel struck Iran's largest gas facility, pushing oil back above $97. Then Powell told reporters the Fed hasn't made as much progress on inflation as anticipated. What the Fed Said About Rates...