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Bitcoin’s recent $12B open interest wipeout was essential, says analyst
Bitcoin’s nearly $12 billion open interest shakeout earlier this month might be just the catalyst needed for the asset to regain its upward momentum, according to a crypto analyst.“This can be con...

Arbitrum devs launch incubator-style program ‘Onchain Labs’
Offchain Labs, the developers of Ethereum layer-2 network Arbitrum, have announced a partnership with the Arbitrum Foundation to launch a new incubator-style program called Onchain Labs.According to a...

SEC could axe proposed Biden-era crypto custody rule, says acting chief
The US Securities and Exchange Commission could change or scrap a rule proposed under the Biden administration that would tighten crypto custody standards for investment advisers, according to the age...

Hyperliquid opened doors to ‘democratized’ crypto whale hunting: Analyst
Crypto whale tracking on the Hyperliquid blockchain has enabled traders to target whales with prominent leveraged positions in a “democratized” attempt to liquidate them, according to the head of ...

Paul Atkins closes in on SEC chair role amid setbacks: Report
Paul Atkins may be one step closer to becoming the new crypto-friendly chair of the US Securities and Exchange Commission, with a Senate committee hearing reportedly set for March 27.President Donald ...

Solana futures finish first trading day on CME
Solana (SOL) futures traded for the first time on the Chicago Mercantile Exchange (CME) Group’s US derivatives exchange on March 17 as the cryptocurrency’s mainstream adoption gains momentum. In F...

Bitcoin sees 30% retracement as selling pressure increases — Bitfinex
Bitcoin (BTC) has undergone its second-largest correction of this bull run, according to analysts at crypto exchange Bitfinex. The correction, from the coin’s all-time high of $109,590 set on Jan. 2...

Ethena Labs, Securitize launch blockchain for DeFi and tokenized assets
Stablecoin developer Ethena Labs and real-world asset (RWA) tokenization company Securitize are launching a new blockchain for retail and institutional investors seeking access to the DeFi and tokeniz...

Hashdex amends S-1 for crypto index ETF, adds seven altcoins
Asset manager Hashdex has amended its S-1 regulatory filing for its cryptocurrency index exchange-traded fund (ETF) to include seven altcoins in addition to Bitcoin (BTC) and Ether (ETH), according to...

Bitcoin price fails to go parabolic as the US Dollar Index (DXY) falls — Why?
Bitcoin (BTC) has fallen 12% since March 2, when it nearly reached $94,000. Interestingly, during the same period, the US dollar weakened against a basket of foreign currencies, which is usually seen ...

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