MicroStrategy has applied for up to $21 billion in preferred stock to buy more Bitcoin. The offering is intended to raise funds for general purposes, including the possible purchase of Bitcoin. The company stated that it will continue to execute its Bitcoin accumulation strategy and will utilize equity financing, debt financing, and operating cash flow to support this strategy. The filing does not mention any new Bitcoin purchases but highlights the company's continued commitment to its Bitcoin strategy. *This is not investment advice. Continue Reading: JUST IN! MicroStrategy Makes Huge $21 Billion Bitcoin (BTC) Move!
DOGE slides to $0.17 as whale sell-offs outweigh accumulation, casting doubt on a $0.20 recovery.
ROAD TOWN, Tortola, British Virgin Islands – 10 March, 2025 – Bitfinex ( https://www.bitfinex.com ), a premier digital asset trading platform, announced today that it will list KAIA, the native token of Kaia , a layer-1 blockchain ecosystem designed to integrate Web3 seamlessly into everyday applications across Asia. Kaia emerged from the merger of Klaytn and Finschia, two blockchain networks originally developed by messaging giants Kakao and LINE with 250 million users combined according to the company. It supports developers building Mini Dapps within messaging platforms like LINE and KakaoTalk, making blockchain-based services more accessible to everyday users in Asia. The native token of the project, KAIA is used to pay transaction fees when creating or executing smart contracts or when transferring KAIA. “Kaia takes a practical approach to blockchain adoption by integrating with platforms people already use. This is critical to our industry’s collective goal of moving digital assets into the mainstream and onboarding new users,” said Anoush Bhasin, Head of Listings at Bitfinex. “We are thrilled to list KAIA and to provide our customers with access to its growing ecosystem.” Deposits for KAIA are expected to open at approximately 2:00 PM UTC on 10 March, 2025, subject to network conditions. Trading is planned to commence at approximately 2:00 PM UTC on 12 March, 2025, contingent upon liquidity requirements being met. KAIA will be tradable against US Dollars (KAIA/USD) and Tether tokens (KAIA/USDt). To obtain access to KAIA on Bitfinex, customers can visit https://www.bitfinex.com/ . *All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com. About Bitfinex Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more. Media contact for Bitfinex press@bitfinex.com For official logos and branding, please visit https://www.bitfinex.com/press/#press-downloads The post Bitfinex to List KAIA, Native Token of Kaia appeared first on Bitfinex blog .
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With TRX eyeing a breakout and PI stuck in limbo, BitLemons’ revenue-driven model is racing ahead with unstoppable momentum. Table of Contents BitLemons hits Turbo Mode with unmatched growth TRX gears up for a major acceleration PI stuck in the pits waiting for a boost BitLemons races toward the finish line The crypto market is pulling investors in multiple directions. Tron (TRX) is building pressure near resistance, Pi Network (PI) is gaining community traction, and BitLemons (BLEM) is rewriting the rules with real revenue and a fast-selling presale. Which way will the market turn? With TRX’s potential breakout looming and PI’s listing rumors swirling, BitLemons stands out with a business model that’s already delivering. Will investors bet on stability, speculation, or the hottest new opportunity in crypto? BitLemons hits Turbo Mode with unmatched growth BitLemons isn’t just another contender; it’s the leading car on the track. Its web3 gaming platform is fully operational, featuring more than 8,000 games from industry leaders like Evolution and Pragmatic. Unlike projects stuck in neutral, BitLemons is a revenue-generating powerhouse, ensuring it keeps its speed even when market conditions get rough. The presale is moving at breakneck speed. Stage 1 sold out in just 16 days. Now, Stage 2, priced at $0.02, is already over 85% sold, with only 4.8 million tokens remaining before the price accelerates to $0.03 in Stage 3. Over $1.86 million has been raised, proving that investors recognize a winner when they see one. Security is top-tier, with dual audits from SpyWolf and SolidProof ensuring a smooth ride for investors. BitLemons’ tokenomics are designed for long-term performance, with 30% of all Gross Gaming Revenue (GGR) fueling buybacks, burns, and staking rewards. With celebrity partnerships and continuous game releases on the roadmap, BitLemons is building up speed with no signs of slowing down. TRX gears up for a major acceleration Tron has kept its wheels spinning, but analysts believe it could be gearing up for a breakout. TRX has been consolidating near key resistance levels, with predictions of a push toward $0.30 and long-term projections eyeing a potential race to $1, provided momentum stays strong. Market observers are watching closely as TRX approaches resistance. A breakthrough could be the green light for an upward surge, but if momentum stalls, Tron might find itself stuck in traffic, consolidating further before making another push. PI stuck in the pits waiting for a boost Pi Network has built a massive fan base, recently surpassing 4 million followers on X (formerly Twitter). While its community keeps the engine running, Pi’s biggest challenge remains getting listed on major exchanges like Binance. Speculation around a potential listing has fueled excitement, as exchange access would bring more liquidity and visibility. However, without official confirmation, PI remains in the pit stop, waiting for a game-changing boost to enter the fast lane. BitLemons races toward the finish line In a market filled with sharp turns and sudden stops, BitLemons is built for endurance and speed. Its revenue-driven model ensures lasting value, while its presale success signals strong investor confidence. As other tokens struggle to gain traction, BitLemons continues to accelerate, positioning itself as the next big thing in web3 gaming. The real question isn’t whether BitLemons will cross the finish line; it’s how much investors will secure before this high-performance asset takes off. For more information on BitLemons, visit the website or socials . Read more: BitLemons presale stage 2 nears its end, will XRP and TRX hold their ground? Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Summary Bitcoin's short-term outlook is bearish, with a failed consolidation and downward-moving averages, but the long-term picture remains bullish with key support levels intact. The US government's Strategic Reserve for Bitcoin is largely insignificant, as it involves holding seized assets without new buying, impacting prices minimally. Many companies, including Strategy, hold significant Bitcoin in treasury, supporting prices unless a bear market triggers forced selling. Despite current challenges, I maintain a Buy rating on Bitcoin, advising caution in the near term but optimism for long-term gains. Crypto has been in the news yet again recently, as we’ve been hearing about a so-called Strategic Reserve from the Trump administration. A summit took place late last week in a much-anticipated move that Bitcoin (BTC-USD) bulls were hoping would result in a tsunami of US government-backed buying. I’m not sure that’s what we’re getting, and as a result, the Strategic Reserve is a bit of a non-event in my view. In addition, while I think Bitcoin is going much higher over time, the current short-term picture is undeniably pretty ugly. Let’s dig in. A failed consolidation Let’s start with the daily chart, and a failed rectangular consolidation. We had a huge run-up to new records in Bitcoin after the election in the US, and that resulted in a multi-month rectangular consolidation. That kind of thing is generally resolved higher, but not this time. Indeed, we had a breakdown in February and that breakdown has held, which is most unwelcomed for bulls. StockCharts.com On the daily chart, we now have both moving averages heading lower, and the price well below both. With this being the case, and the clear breakdown, we have to wait and find a tradable bottom before putting new money to work. The first sign that we have a tradable bottom is, ideally, a move back above that ~$90k level and back into the former consolidation zone. For now, we have no signs of accumulation and are firmly in a bearish phase for the moment as markets in the US go risk-off in general. On the longer-term weekly chart, it’s much easier to be bullish. StockCharts.com We can see that big run after the election and the subsequent selloff, but on the weekly chart, it looks more like a routine test of a breakout level. The PPO and RSI are both ahead of key levels (the PPO centerline, and 40 on the RSI), so again, I’m generally still bullish long-term. There is nothing on this chart that makes me think Bitcoin is in a new bear market. Key support is the 50-week moving average at~$75k, and the breakout level just below that. That will feel like a big bearish move if we get there from the $109k high, but in terms of Bitcoin pullbacks, that would be pedestrian. To sum up the technical picture, Bitcoin is certainly in a bearish phase on the daily chart, but nothing long-term has changed in my view. Much ado about nothing? The idea of Strategic Reserve for Bitcoin is a big reason why Bitcoin shot higher after the election in the US. Without any details, investors were quite excited about the idea that a buyer with virtually endless cash – the US government – would suddenly start to snap up Bitcoin left and right, driving prices higher. That hasn’t happened, and based upon what I’m reading, the Strategic Reserve isn’t likely to mean much of anything for Bitcoin prices. The Executive Order states that the US should have a “Digital Asset Stockpile” that will be capitalized by coins already owned by the US through assets seized through criminal or civil forfeiture cases. In other words, the first part of the EO simply reverses the government’s prior penchant for selling seized assets, Bitcoin included. The government is nowhere near big enough of an owner to impact prices by simply not selling seized assets. It owns about 200,000 coins today, so it’s a significant holder. That’s a few days of trading volume, on average, for Bitcoin, so if the government sells or not I don’t see it as a significant impact long-term. If we think about it in terms of total Bitcoin supply, it's less than 1%. The second part is that the Treasury and Commerce secretaries have the power to acquire additional Bitcoin provided it imposes no incremental cost on taxpayers. What’s interesting about that is the EO says the government can acquire Bitcoin, but also says essentially they cannot spend any money. Not totally sure how that is supposed to work, but that line about it not imposing costs on taxpayers, to my eye, means there is no wave of buying coming. The White House also held a crypto summit with industry leaders, including those of companies that are holding large amounts of Bitcoin. The president has said he wants the US to be the superpower of the world when it comes to crypto. That could be good for operators of data centers, utilities that provide power to miners, and the miners themselves. I’m not sure this has much – if any – impact on the price of Bitcoin itself directly. The bottom line on the EO and the summit is that details are in short supply, and we’re getting a “sell the news” response in Bitcoin prices. For that reason, I think the EO and the summit are indeed much ado about nothing. Other considerations With the summit and the EO now out in the open, and borderline meaningless as far as I can tell, let’s focus on Bitcoin fundamentals itself. I mentioned long-term the price chart looks good, while the daily chart looks less so. But let’s take a look at some other considerations. We have more and more companies holding Bitcoin in treasury, a strategy made popular by Strategy ( MSTR ). But it’s not the only one. Bitcoin Treasuries There are dozens of companies that hold Bitcoin in treasury, and it accounts for about 3.13 million coins at present. If you add the US Treasury, we’re at ~3.3 million coins. That is significant volume, and is akin to a company where insiders hold massive amounts of the float. That can support prices as there are fewer potential sellers, tipping the scales in the favor of buyers. This only holds, however, if there is no bear market in Bitcoin prices. Debt-financed Bitcoin holders, such as Strategy , could indeed face selling pressure if prices plummet. Strategy holds about 2.4% of all Bitcoin supply, so if there’s a margin call risk in Bitcoin, it’s Strategy. To be clear, I do not think we’re going to see anything like that, but it could happen, and if Strategy is forced to liquidate even part of its holdings, Bitcoin prices will struggle to find a floor given the almost-certain confidence crisis that would ensue. On the supply side, difficulty continues to rise over time, as we all know it does. CoinWarz But as difficulty rises, it makes it ever more challenging to add more coins to supply. Indeed, with so many companies buying and/or mining Bitcoin and not selling them, demand for Bitcoin is often much greater than supply. We all know what happens when that is the case. The key thing to remember, however, is that while Strategy has soaked up enormous amounts of supply recently, its financing situation appears to be pretty well maxed out at the moment. That just leaves those companies mining but not selling, which is a much smaller pot of buyers than Strategy buying up 10k or 20k coins at a time. All in all, I don’t think the EO or summit mean much of anything for now. If the Treasury says they’re going to put new money to work, Bitcoin is likely to fly higher. For now, it’s meaningless to me. Bitcoin itself has broken down on the shorter time frames, similar to US stocks and other risk-on assets. I think the long-term picture is fully intact, but this period could get worse before it gets better. I’m sticking with a Buy rating on Bitcoin, with the caveat that the daily chart says to be careful for the near-term. Long-term, however, giddy up.
Cardano rebound contingent upon two major price levels, according to top analyst
The British Overseas Territory Cayman Islands has implemented licensing requirement for crypto custody and trading platforms, effective from April 1. As of April 1, the updated Virtual Asset (Service Providers) (Amendment) Regulations, 2025 require that all firms providing custody and trading services for digital assets must obtain a license, Cayman Islands Monetary Authority will be overseeing the regulated firms. Existing providers must apply for the license within 90 days, with applications detailing their cybersecurity, risk management, and safeguarding protocols. You might also like: High-growth economies lead the way in crypto regulations | Opinion In their applications, crypto custodians must also state “the types and amounts of virtual assets” they will hold and reasons for their custody. As for trading platform operators, they must state their expected revenue as well as indicate the location of the hardware that supports their operations. This marks a pivotal change for the crypto firms operation in Cayman Islands, which has historically had open regulatory regime. The British Overseas Territory initially implemented the VASP Act in 2020, requiring VASPs to be licensed or registered with CIMA. However, the main reason for putting this law in place wasn’t necessarily to regulate the crypto industry itself. Rather, it was primarily designed to prevent money laundering and the financing of terrorism. Now, with the new, aforementioned regulation coming into force on April 1, this extends to crypto service providers. As of now, there are 17 companies in the Cayman Islands that are registered as VASPs, including big-names like Crypto.com and Blockchain.com. You might also like: Crypto.com is licensed to Operate as a Virtual Asset Service Provider in the Cayman Islands
OORT’s decentralized AI Layer1 blockchain, Olympus Protocol, has officially integrated Circle-issued stablecoin, USDC. By doing so, Olympus bridges DeAI with real-world utility. Olympus Protocol becomes the first decentralized AI -based ecosystem to integrate the USDC ( USDC ) stablecoin, opening the door for real-world use cases and establishing a practical and functional infrastructure with ample liquidity and financial stability for evolving DeAI projects. By integrating USDC into the Olympus ecosystem, businesses will be able to process AI-driven transactions securely and efficiently using the Circle -issued stablecoin. Moreover, AI companies that use the Olympus Protocol for storage and compute power can make USDC transactions. Thus, developers can use USDC to pay for decentralized cloud computing services via Olympus. While there have been other Layer 1 chains before Olympus which have USDC integrated into their ecosystems, Olympus Protocol’s specialization in the DeAI sector offers unique access to the emerging AI sector that is making its way through the decentralized crypto space. Since 2024, many traders have started relying on AI Agents in trading as more AI-based technology has made innovative strides in the decentralized finance spaces. At press time, AI tokens have accumulated a market cap of more than $22 billion, according to CoinGecko . You might also like: Binance survey: 45% new users joined in 2024, AI tokens heralded as most popular pick to lead 2025 Through USDC, Developers will be able to unlock a stable and liquid infrastructure for projects in multiple sectors, including DeFi , Enterprise AI, Data Monetization, AI-powered Identity and Reputation Systems, and more. This is because Olympus Protocol’s environment offers a myriad of projects and dApps with unique functionalities for AI development. These projects encompass data collection and labeling, data storage, and computing. By merging the stability of USDC with DeAI, Olympus Protocol gears up to drive exponential growth and cutting-edge advancements in the sector. Not only that, the USDC stablecoin could also facilitate AI-powered trading, lending, and staking projects built on Olympus. Powered by the Olympus Protocol, OORT offers trustless infrastructure built on AI for enterprises and individuals. Some of their products include OORT Storage, OORT DataHub (for B2C and B2B), as well as the upcoming OORT Compute. Previously, OORT raised $10 million from several major investors including Taisu Venture, Red Beard Venture, Sanctor Capital, and has received grants from Microsoft and Google. You might also like: Circle’s USDC hits $56b high, recovers from 2023 bank run
MICROSTRATEGY SUBMITS FILING FOR UP TO $21 BILLION IN PREFERRED STOCK OFFERING
Singapore-based exchange conglomerate is planning to launch open-ended Bitcoin future contracts in the second half of 2025. Singapore Exchange, the region’s primary asset exchange, plans to launch Bitcoin ( BTC ) perpetual futures contracts in the second half of 2025 as traditional exchanges expand their offerings in the crypto derivatives market. In a commentary for Bloomberg on March 10, an SGX spokesperson stated that the company will focus on institutional clients and professional investors, with retail customers excluded from access. While no specific timeframe was revealed, the spokesperson added that the offering will “significantly expand institutional market access” to the cryptocurrency. The products still need approval from the Monetary Authority of Singapore. Perpetual futures, which have no expiry date, allow traders to bet on price changes without owning the underlying asset. These contracts are already popular on offshore crypto exchanges, with Citadel Securities-backed ventures also planning to offer perpetual futures in Singapore. You might also like: Morgan Creek-backed crypto custodian Hex Trust secures Singapore’s license for OTC push In mid-February, crypto.news reported that Robinhood Crypto aims to roll out its crypto services to Singaporean users under local regulations by late 2025 through recently-acquired crypto exchange Bitstamp. Robinhood acquired Bitstamp in June 2024 in a $200 million deal. As Johann Kerbrat, vice president and general manager of Robinhood Crypto, explained earlier, the company chose to acquire Bitstamp due to its Singaporean license. Bitstamp had received an in-principle approval from the Monetary Authority of Singapore in 2024. The exchange will act as a gateway for Robinhood to expand its services into the Singaporean market under the guidance of local regulators. Read more: Singapore RWA tokenization platform DigiFT granted custodial license from MAS