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Crypto-News-Flash

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UK Urged to Tax Crypto to Redirect Capital to Local Stocks

  • The head of Cavendish Investment Bank, Lisa Gordon, proposes taxing crypto purchases in the UK to redirect capital to local stocks.
  • Gordon expresses concern over the declining local market support and the rising ownership of cryptocurrencies by younger Britons.
  • She suggests cutting stamp duty on equities to make investing in local stocks more attractive.
  • Gordon believes that redirecting investments from crypto to local equities will support companies, innovation, job creation, and long-term economic development.

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TheNewsCrypto

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Story (IP) Surges 10% as Indicators Signal Further Gains

  • Story (IP) surged 10% in the last 24 hours indicating bullishness.
  • IP price is trading above the 50-day and 200-day EMA levels.
  • Story (IP) has shown remarkable growth with 232.55% in the last 3 months.
  • Technical indicators like MACD, RSI, and EMA suggest a continued bullish trend for IP price.

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Coinpedia

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Bitcoin and Ether Whales on the Move; Bitcoin Whale Buys $200M in BTC

  • A major Bitcoin whale has bought $200 million worth of BTC after selling over 11,400 BTC in recent months.
  • Another Bitcoin whale has moved over 3,000 BTC, valued at $250 million, in a single transaction after eight years of inactivity.
  • BlackRock, the world's largest asset manager, has accumulated 4,054 BTC, bringing its total holdings to 573,878 Bitcoin.
  • An Ether whale added $13.8 million worth of ETH to their holdings, despite Ether's price trading lower than its peak in November 2021.

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Blockonomi

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Bitcoin (BTC) Price: Technical Analysis Suggests Path to $90,000 in Near Term

  • Bitcoin surged by 4.24% to reach $88,804, marking its best weekly performance in over two months.
  • Analyst Axel Adler Jr. predicts Bitcoin could hit $130,000 within 90 days based on onchain metrics.
  • A major whale bought 2,400 BTC worth $200 million, while another moved 3,000 BTC valued at $250 million.
  • Institutional interest grows as BlackRock acquires 4,054 BTC, boosting their holdings to over 574,000 BTC.
  • Bitcoin closed above the 200-day EMA and shows potential to test $90,000 soon.
  • Analyst Adler believes Bitcoin's consolidation isn't the start of a bear market and predicts a climb to $130,000.
  • Bitcoin's CVDD metric indicates strong price prospects, with open interest surging by $1.5 billion in 24 hours.
  • Technical analysis suggests a short-term correction before Bitcoin may breach $90,000.
  • Whale activity, including BlackRock's purchases and whale transactions, impacts Bitcoin market sentiment.
  • Recent price movement, on-chain metrics, and whale actions all point towards a bullish trend for Bitcoin.

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Blockonomi

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KuCoin’s KCS Loyalty Program: Designed for Everyone, Not Just Whales

  • KuCoin has introduced the KCS Loyalty Program to help users maximize profits and unlock new financial opportunities in the crypto market.
  • The program offers structured rewards for all levels of engagement, empowering users to thrive in both bear and bull markets.
  • By staking KuCoin's native token, KCS, users can access exclusive benefits across four tiers, from Explorer to Pioneer.
  • Benefits include higher multipliers on staking rewards, earnings on major crypto assets, GemPool bonuses, KuCard cashback, trading fee discounts, and withdrawal fee rebates.
  • Participants are rewarded for maximizing crypto performance, with rewards increasing as users move up the loyalty tiers.
  • To join the program, users need to stake at least 1 KCS and can increase rewards by climbing higher tiers through staking more KCS.
  • Key considerations include the staking ratio, total account assets, and the dynamic updates of loyalty levels, which are updated hourly.
  • KuCoin's KCS Loyalty Program is designed to be user-friendly, inclusive, and accessible to all participants, regardless of their portfolio size.
  • The program transforms KCS from a trading token to a versatile financial tool, offering benefits like staking boosts, fee discounts, and real-world cashback.
  • By focusing on inclusivity and accessibility, KuCoin's program emphasizes rewarding participation rather than portfolio size, aligning with the essence of cryptocurrency.

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Blockonomi

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Trump-backed World Liberty Financial Buys 3 Mantle, Total Losses Reach $111M

  • Trump-backed World Liberty Financial (WLFI) added 3.54 million Mantle (MNT) to its cryptocurrency holdings on March 23.
  • The entity holds a total of eleven digital assets in its wallet, including Ethereum, Wrapped Bitcoin, Tron, Chainlink, Aave, Ethena, MOVE, Ondo, Sei, Avalanche, and MNT.
  • WLFI's total portfolio losses have reached $111 million, with the most significant unrealized losses in ETH.
  • WLFI recently completed a $550 million token sale and plans to release innovative technologies to enhance DeFi.

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Blockonomi

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Strategy Surpasses 500,000 Bitcoin Holdings as Crypto Stocks Climb

  • Crypto stocks soared on Monday with Strategy (MSTR) up 10%, Coinbase up 7%, and mining companies like CleanSpark up 18%
  • Strategy (formerly MicroStrategy) announced surpassing 500,000 Bitcoin in holdings, valued at $44.2 billion
  • Markets rallied after indications that the Trump administration may soften its stance on tariffs
  • Analysts noted growing connections between crypto and traditional finance, with companies expanding their offerings

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TheNewsCrypto

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BlackRock Debuts Bitcoin ETP in Europe After U.S. ETF Success

  • BlackRock has launched its first Bitcoin ETP in Europe.
  • The iShares Bitcoin ETP (IB1T) will trade on Xetra, Euronext Paris, and Euronext Amsterdam.
  • BlackRock's U.S.-listed iShares Bitcoin Trust holds $50.69 billion in net assets.
  • Demand for Bitcoin ETPs in Europe is growing as interest from professional investors increases.

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Coinpedia

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Ripple Lawsuit News: XRP Community Seeks Massive $500 Billion Restitution After SEC Fallout

  • XRP community seeks $500 billion restitution after SEC lawsuit.
  • Jimmy Vallee, founder of Valhil Capital, leads the push for restitution.
  • The lawsuit caused major losses and selloff, stunting XRP's price potential.
  • Vallee plans to negotiate alternative legal solutions rather than pursuing the courts.

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Blockonomi

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Cronos (CRO) Price: Trump Media Partnership Fuels 30% Token Rally

  • Cronos (CRO) price surged 30-55% following a partnership announcement between Trump Media and Crypto.com to develop ETFs
  • The proposed ETFs will offer exposure to Bitcoin, Cronos, and “diverse industries such as energy” under the “Truth.Fi” brand
  • Trading volume for CRO increased nearly six times from $21 million to $126 million
  • The rally coincides with an upcoming Cronos zkEVM mainnet upgrade scheduled for March 26

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The Fintech Times

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Keepz Facilitates Digital Currency Payment Option for Taxes in Georgia

  • Georgian fintech Keepz has collaborated with the Georgian Revenue Service to make digital currencies a payment option for taxes.
  • Residents in Georgia can use major digital assets like USDT, Bitcoin, and Ethereum to pay taxes through the Keepz platform.
  • Keepz integrates blockchain-based payments into tax collection, allowing taxpayers to make frictionless payments via QR codes.
  • Keepz aims to empower merchants and payers by enabling secure, borderless transactions using digital assets.

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TheCryptoBasic

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Official Dogecoin Reserve Launch Sparks Breakout, Bulls Eye $0.25

  • Dogecoin trades at $0.1873, approaching the $0.20 mark.
  • Technical indicators suggest an optimistic outlook for Dogecoin.
  • House of Doge announces the launch of the Official Dogecoin Reserve.
  • Dogecoin's potential price targets include $0.1945 and $0.2536.

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Coin Telegraph

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Movement Network to buy back tokens with $38M recovered from rogue market maker

  • The Movement Network Foundation intends to buy back MOVE tokens using $38 million recovered from a market maker.
  • Binance offloaded the market maker due to market irregularities, freezing its proceeds and banning further market-making activities.
  • The market maker sold 66 million MOVE tokens and earned $38 million in Tether (USDT), which were frozen by Binance.
  • The recovered funds will be used by the Movement Network Foundation to establish a $38 million USDT buyback program and return liquidity to the Movement ecosystem.

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Blockonomi

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Mt. Gox Transfers $1 Billion in Bitcoin, Third Major Move in March

  • Mt. Gox transferred 11,501 Bitcoin worth approximately $1 billion on March 25
  • This is the third major Bitcoin transfer by Mt. Gox this month
  • Mt. Gox still holds about 35,000 Bitcoin worth $3.1 billion
  • The repayment deadline for creditors has been extended to October 31, 2025

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TechBullion

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Bitcoin mining difficulty hits a new high, BSTR Miner helps miners break through with “zero threshold + multiple strategies”

  • The difficulty of Bitcoin network mining reached a historical peak of 150 T on March 25, 2024, increasing by 45% since the beginning of the year.
  • Global compliant cloud mining platform BSTR Miner announced an upgrade of its "anti-stress mining plan" to provide low-risk and high-flexibility solutions for miners.
  • BSTR Miner offers a $10 contract experience bonus for new users, daily sign-in rewards, and various contract options to reduce costs and increase efficiency.
  • BSTR Miner ensures transparency and efficiency through real-time computing power verification and intelligent cost optimization.

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