SEC has Proposed Narrowing Rule 15c2-11 to Equity Securities Only

The US Securities and Exchange Commission is pushing to clear up years of confusion over a key broker-dealer reporting rule that prevented certain assets from being quoted by broker-dealers on the over-the-counter (OTC) market.  The SEC Rule 15c2-11 was first adopted in 1971, aimed at reducing fraud in the penny stock market. It requires broker-dealers…

3 Signs That $2,800 Is the Next Logical Target for Ethereum Bulls

Ether (ETH) bulls are eyeing a move back toward $2,800 in March, with at least three indicators showing ETH price potential to rise higher. Key takeaways: Ether’s price jumped by over 9% toward $2,280 on Monday. Multiple indicators, including a symmetrical triangle, hint at an extended price rally toward $2,800. Ether invalidates a bearish chart…

Bitcoin Trend Reversal Possible If $74K Holds, Will Altcoins Follow?

Key points: Sellers will attempt to halt the recovery at $74,508, but if buyers bulldoze their way through, the rally may reach $84,000.  Select major altcoins have risen above their overhead resistance levels, signaling solid demand at lower levels. Bitcoin (BTC) rallied to $74,508 on Monday, a level that is a key near-term resistance. Crypto…

BTC surges past $75,000, XRP (XRP) and ether (ETH) jump 8%

Bitcoin BTC$75,413.97 surged past $75,000 early Tuesday, helped by shifting dynamics in the derivatives market. Prices hit a high of $75,800, convincingly topping the long-term resistance corridor between $73,750 and $74,400, which reversed price trends three times since 2024, according to CoinDesk data. The so-called bullish breakout happened as traders closed bearish short positions initiated…

Bitmine’s Ether Holdings Reach 4.6M ETH, About 3.8% of Supply

Bitmine Immersion Technologies has accelerated the pace of its Ether purchases in recent weeks, chairman Tom Lee said Monday, following the company’s over-the-counter purchase of 5,000 ETH directly from the Ethereum Foundation. Lee said Bitmine added 60,999 Ether (ETH) over the past week, up from a recent weekly average of about 45,000 to 50,000 ETH….

South Korea Hits Bithumb With $24.5M Fine Over AML Violations

South Korea has fined crypto exchange Bithumb 36.8 billion won (about $24.5 million) and imposed a six-month partial business suspension after finding widespread violations of Anti-Money Laundering (AML) rules, according to a Yonhap News Agency report.  According to Yonhap, regulators identified about 6.65 million violations during an AML inspection, including failures related to customer identity…

Bitcoin Hits $74.5K But Futures Data, Macro Signal Caution

Key takeaways: Bitcoin derivatives remain bearish as traders hedge against a price drop despite BTC reclaiming the $74,000 level. Fears of a global energy shortage mount as the Strait of Hormuz remains closed, forcing investors into safe-haven Treasury assets. Bitcoin (BTC) climbed above $74,000 on Monday, following gains on the Nasdaq Index as investors await…

Bitcoin Hits $74.5K But Futures Data, Macro Signal Caution

Key takeaways: Bitcoin derivatives remain bearish as traders hedge against a price drop despite BTC reclaiming the $74,000 level. Fears of a global energy shortage mount as the Strait of Hormuz remains closed, forcing investors into safe-haven Treasury assets. Bitcoin (BTC) climbed above $74,000 on Monday, following gains on the Nasdaq Index as investors await…

3 Signs That $2,800 Is the Next Logical Target for Ethereum Bulls

Ether (ETH) bulls are eyeing a move back toward $2,800 in March, with at least three indicators showing ETH price potential to rise higher. Key takeaways: Ether’s price jumped by over 9% toward $2,280 on Monday. Multiple indicators, including a symmetrical triangle, hint at an extended price rally toward $2,800. Ether invalidates a bearish chart…

Foundation’s new mandate sparks debate about its role, priorities

The Ethereum Foundation’s new mandate — a sweeping document released Friday to clarify the organization’s role and principles — sparked a torrent of reactions, with supporters praising it as a long-overdue articulation of the blockchain’s ethos and critics saying it reinforces the foundation’s hands-off approach at a time when Ethereum needs stronger leadership to meet…