Author: James Wilson

The IMF said to slow down. El Salvador said no. President Bukele’s government just added five more Bitcoins to its treasury, pushing its reserves past 6,111 BTC — defying the very institution that loaned it $1.4 billion just months ago. What’s driving this bold stance? El Salvador defies IMF El Salvador isn’t backing down on Bitcoin (BTC), no matter what the International Monetary Fund says.  On Mar. 10, the South American nation added five more Bitcoins to its treasury, bringing its total holdings to 6,111.18 BTC, worth around $509.5 million at current market prices.  The move comes just months after…

Richard Byworth, managing partner at alternatives investment firm Syz Capital, says the United States’ creation of a strategic Bitcoin reserve is historic for the entire crypto market. According to Byworth, President Donald Trump’s signing of the executive order that established a strategic Bitcoin (BTC) reserve is “a seminal moment” for the crypto industry. The investment manager noted this during an interview with CNBC’s Squawk Box on Monday, Mar. 10. His comments follow last week’s inaugural crypto summit at the White House, a key event for crypto and especially for Bitcoin. “The fact that the United States is getting to the…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BlockDAG’s partnership with SpaceDev accelerates its growth, attracting developers, boosting innovation, and positioning it as a top blockchain for 2025. BlockDAG recently partnered with SpaceDev, a blockchain consulting and software development firm known for its technical excellence. This collaboration brings significant implications to BlockDAG, potentially supercharging its Layer 1 blockchain with high development activity.  Partnering with SpaceDev means BlockDAG will attract more developers and users. SpaceDev’s experience in building solid blockchain infrastructure will directly benefit BlockDAG’s growth strategy. As…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin’s potential replication of XRP’s 2021 rally could ignite the next memecoin surge, with projects like XYZVerse gaining attention. Dogecoin (DOGE), the cryptocurrency famous for its canine mascot, is showing signs of a potential surge similar to a notable rally seen in 2021 by XRP. Market observers are keen to see if this momentum could spark a renewed interest in meme-based tokens. The coming days may reveal whether a new trend is emerging in the crypto space. XYZ: The…

Coinbase Derivatives, a CFTC-regulated futures exchange, is preparing to introduce 24/7 Bitcoin and Ethereum futures trading for U.S. traders. This marks the first time crypto futures will be available around the clock in the U.S., mirroring how cryptocurrency spot markets already operate, according to Coinbase. Derivatives, which allow traders to bet on future price movements without holding the actual asset, dominate global crypto trading. More than 75% of all crypto trading volume occurs through these contracts. However, U.S. traders have faced limitations due to fixed market hours and futures contracts that expire at set dates. These restrictions make it harder…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI is gaining momentum with its AI-blockchain fusion, making it a strong contender in the 2025 crypto race. The crypto clash in 2025 is heating up, and Lightchain AI might just be a strong bet. With over $17.1 million raised at a presale price of $0.006, Lightchain AI is quickly emerging as a leader in the blockchain space. Its integration of AI and blockchain technology sets it apart from other projects, offering massive growth potential. As the crypto…

Nasdaq-listed Bitcoin mining firm CleanSpark has announced its upcoming inclusion in the S&P SmallCap 600 index. CleanSpark, one of the largest Bitcoin (BTC) mining companies in the world, revealed this via press release on Mar. 10. According to the news release, inclusion in the S&P SmallCap 600 index will go into effect ahead of market opening on March 24, 2025. Why does this matter? The S&P SmallCap 600 Index measures the small-cap constituents of the U.S. stock market. It tracks companies based on criteria such as book value and earnings, with these deemed value stocks also evaluated in terms of…

The Movement Network Foundation has launched Movement Public Mainnet Beta, featuring permissionless smart contract deployment and a canonical Movement bridge. According to a press release sent to crypto.news, the Movement Public Mainnet is the first Move-based chain that settles to Ethereum (ETH). It offers users permissionless smart contract deployment and full user onboarding, allowing developers to freely build on and use Movement. The mainnet went live on March 10 at 8:00 AM PST (15:00 UTC), giving users access to key features, including the canonical bridge powered by LayerZero. With the bridge, users can transfer the network’s native gas token MOVE…

crypto.news caught up with CoinW Chief Strategy Officer Nassar Achkar to discuss the current crypto market climate, Bitcoin’s possible trajectory, ongoing macro tensions, and the beleaguered altcoin landscape. Bitcoin (BTC) broke below $81,000 again on March 10, falling 5% in the past 24 hours amid a broad market downside, while the total crypto market capitalization slid to $2.7 trillion as digital asset investors liquidated virtual currencies to protect capital. Nassar Achkar, representing the Dubai-based crypto exchange CoinW discussed many topics with crypto.news in an interview, including how $100,000 remains a psychological hurdle for Bitcoiners and dipping below $70,000 is unlikely.…

Coinbase’s regional director for Southeast Asia Hassan Ahmed discussed his thoughts on crypto’s current selloff and the implications of shifting U.S. policies in a Bloomberg interview. Ahmed said he is bullish on the long-term outlook for the digital asset industry despite the current weakness. When asked if the current selloff is driven by overall sentiment or broader macroeconomic factors, Ahmed said he believes macroeconomic conditions rather than crypto-specific issues are at play. “We’re in this macro malaise sort of phase where there’s just much more focus on fiscal policy, tariffs, rate cuts, the government U.S. debt maturing this year. And…