Coinbase Futures Trading Commission (CFTC) has filed with the U.S. Commodity Futures Trading Commission (CFTC) to approve futures contracts for commodities Natural Gas (NGS) and Cardano (ADA), signaling an expansion in both the energy and cryptocurrency derivatives markets. According to the company’s announcement, the new futures products are expected to go live on March 31. However, more details regarding their availability will be announced at a later date. Related News: Is the Recovery in Solana (SOL) Permanent or Could Further Declines Be Coming? Analytics Firm Reveals Critical Points The company said in a statement: “We are excited to announce that Coinbase Futures has filed with the CFTC to self-certify Natural Gas (NGS) futures and Cardano (ADA) futures, expanding our offerings in both the energy and crypto derivatives markets. We anticipate launching these products on Monday, March 31st,” Coinbase said. Another noteworthy development is that the company recently took action to tokenize its own stock. If this step is implemented, it will be a first. *This is not investment advice. Continue Reading: Important Development for Surprise Altcoin – Coinbase Files Application with CFTC
North Korea-linked Lazarus Group transferred 400 ETH (worth $750,000) to Tornado Cash on March 12, 2025, likely laundering proceeds from the record $1.5 billion Bybit hack, blockchain researchers report. ZachXBT: Tornado Cash Demix Exposes North Korea’s $3.1M PEPE Token Purchase The Lazarus Group, a North Korean state-sponsored hacking collective, transferred 400 ETH to privacy tool
According to reports, Ark Invest has added 997 Bitcoin (BTC) to its holdings in two separate transactions. The asset management firm, led by Cathie Wood, made the purchases on March 13, 2025, through Coinbase. The total value of the acquisition is estimated at approximately $80 million. Ark Invest Executes Two Bitcoin Transactions Based on data by Arkham Intelligence, Ark Invest bought 498 BTC in its first transaction, followed by another 499 BTC. The purchases were made at a time when the top crypto’s price was experiencing slight fluctuations. As of March 14, 2025, Bitcoin was trading at $82,234, down 1.40%. Analysts note that while Bitcoin’s price has seen recent volatility, Ark Invest’s decision to buy suggests confidence in a potential price rebound. The firm has previously capitalized on price dips, making substantial purchases when the market was under pressure. Some experts believe this latest move is a sign that ARK expects BTC to appreciate in the coming months. ARK INVEST RECEIVED $80M OF $BTC FROM COINBASE TODAY ARK INVEST IS BUYING BITCOIN pic.twitter.com/FmpyoNa15A — Arkham (@arkham) March 13, 2025 Ark Increases Stake In Coinbase On top of its Bitcoin acquisition, Ark Invest also increased its position in Coinbase , buying over 64,000 shares valued at around $11.50 million. This marks the firm’s largest Coinbase investment since August last year. Reports indicate that Coinbase now accounts for more than 7% of the Ark fund, making it the fund’s third-largest holding. Coinbase has been a key part of Ark’s investment strategy for years. The firm has consistently added shares of the exchange, reinforcing its belief that the platform will continue to benefit from increased cryptocurrency adoption. Coinbase’s stock has faced some pressure amid regulatory concerns, but Ark’s purchase suggests it sees long-term potential. Cathie Wood Remains Bullish On Crypto Analysts claim that Ark Invest has continuously shown faith in Bitcoin and the cryptocurrency industry as a whole. Despite market instability, the company has been making active investments in digital assets. According to reports, Wood still believes that Bitcoin is a significant financial asset with room to expand in the future. Wood has said in the past that Bitcoin may finally reach new all-time highs because there aren’t many of them and they’re becoming more and more popular. It’s clear that the company is willing to take a chance on long-term benefits by pouring massive amounts of money in the asset, even when the market goes down. What It Means For The Market People who follow the market are paying close attention to what Ark Invest has been doing lately. Institutional purchases in Bitcoin often change how the market feels as a whole. Some people believe that Bitcoin is still valuable even though its price has been going up and down lately. Featured image from Gemini Imagen, chart from TradingView
An Argentine prosecutor has requested a judge to issue an Interpol “Red Notice” for Hayden Davis, an American citizen allegedly involved in the launch of the controversial LIBRA memecoin that has entangled Argentine President Javier Milei in a dramatic political scandal. LIBRA Memecoin Scandal The request, made by prosecutor Gregorio Dalbón, reviewed by Fortune, accuses Davis of being a key figure behind the LIBRA memecoin. The token gained significant attention after President Milei endorsed it on Valentine’s Day. Following Milei’s endorsement, LIBRA’s market capitalization soared to over $4.5 billion. However, its value quickly collapsed, plummeting by more than 99% to approximately $18 million. Blockchain analysts later revealed that certain insiders sold large amounts of the token shortly after Milei publicly supported it. Related Reading: Solana Price Crash To $90? Why A 26% Decline Could Rock This Crypto In his request for the Red Notice, Dalbón expressed concerns that Davis might evade justice, citing his financial resources that could facilitate his flight or concealment. “The possibility that Davis will abandon his country of residence or hide to avoid answering for his alleged acts appears to be aggravated by the economic resources he possesses,” Dalbón stated, emphasizing the urgency of the situation. Interpol, the International Criminal Police Organization, facilitates international cooperation among law enforcement agencies in its 196 member countries, including the US and Argentina. A Red Notice serves as a request for member countries to locate and provisionally arrest individuals pending extradition. Federal Investigation Launched Into Javier Milei’s Endorsement Davis has not publicly responded to the allegations, nor have his family members, including his brother Gideon and father Charles, who are involved in their family crypto venture, Kelsier Ventures, Fortune reported. Yet, the controversy surrounding LIBRA is further complicated by its connection to former President Donald Trump, who recently launched his own memecoin named TRUMP. Trump’s endorsement of cryptocurrency has been characterized as part of his broader strategy to position himself as a pro-crypto advocate. Related Reading: Bitcoin Bottom Confirmed? Data Shows 87.5% Chance The Worst Is Over Following Milei’s endorsement, Davis openly acknowledged his role as an advisor to the Argentine president, stating, “I am indeed Javier Milei’s advisor.” He also claimed responsibility for the launch of a separate memecoin associated with Melania Trump. The fallout from the LIBRA launch has prompted legal inquiries, including a federal investigation into Milei’s actions. Both Milei and Davis have denied any wrongdoing, but the political implications of this incident are significant, as it raises questions about the accountability and regulation of cryptocurrencies in Argentina. At the time of writing, the memecoin is trading at $0.060, down over 90% from its all-time high reached on Valentine’s Day. Featured image from DALL-E, chart from TradingView.com
Changpeng “CZ” Zhao has denied claims that representatives of President Donald Trump’s family were involved in discussions to acquire a financial stake in Binance.US. This was after the Wall Street Journal (WSJ) published a report suggesting such talks had taken place. Details From The Statement Following the report’s release, Zhao addressed the claims in a March 13 post on X, stating, “I have had no discussions of a Binance US deal with … well, anyone.” The former Binance CEO explained that more than 20 people had told him they had been contacted by WSJ and another media outlet, who were attempting to verify whether he had struck a deal for clemency. The article alleged that Zhao was seeking a presidential pardon from Trump, which could allow him to take on an operational or management role at Binance. According to the WSJ, Binance approached Trump’s allies last year with a business proposal as part of its plan to strengthen its U.S. operations. Zhao denied these claims, suggesting that the report was politically motivated and intended as “an attack on the President and crypto.” He also asserted that “residual forces of the ‘war on crypto’ from the last administration are still at work.” CZ, who served time after pleading guilty to violating U.S. anti-money laundering laws, noted that he is the only individual in U.S. history to receive a prison sentence for a single Bank Secrecy Act violation. “No felon would mind a pardon,” he said, adding that he remains dedicated to advancing cryptocurrency both in the U.S. and globally. Implication of CZ’s Possible Return In November 2023, Binance settled with U.S. authorities, agreeing to pay $4.3 billion in fines. As part of the agreement, Zhao pleaded guilty to failing to implement an effective anti-money laundering program at the exchange. The company also committed to fully exiting the United States market. CZ later resigned as CEO, with reports indicating that he was permanently barred from operating or managing Binance under the terms of the settlement. A presidential pardon would possibly change the platform’s ability to conduct business in the country. Since Trump took office, his administration has taken a more supportive stance on digital assets, reversing the strict regulatory approach of the previous government. Under acting Chair Mark Uyeda, the U.S. Securities and Exchange Commission (SEC) has softened its enforcement efforts against crypto firms. Several high-profile cases, including those involving Binance and Coinbase , have been paused or dropped. The post CZ Denies Trump-Binance Deal Allegations, Calls WSJ Report Misleading appeared first on CryptoPotato .
The US Senate has taken a decisive step toward passing a Republican-backed spending bill, effectively ending the threat of a US government shutdown. But the move has sparked fierce divisions within the Democratic Party over how to counter President Donald Trump's efforts to expand executive power. The Senate approved the funding package by a 62-38 vote, putting congressional Democrats in a position to give up what they see as their strongest leverage to curb Trump and billionaire entrepreneur Elon Musk’s aggressive cost-cutting measures, which include drastically reducing the federal workforce and abolishing entire government agencies. With legislative options dwindling, opponents are expected to shift their efforts to legal challenges in the courts. Senate Majority Leader Chuck Schumer played a critical role in the decision-making process. With less than 30 hours left before the shutdown, the veteran lawmaker announced he would drop his party’s hold on the spending bill, prioritizing the continuation of government services over political wrangling. Related News: Why Has Bitcoin Rebounded? Will the Uptrend Continue? Schumer’s reversal marks a significant victory for Trump and House Speaker Mike Johnson, paving the way for the spending measure’s final approval. The bill ensures Musk’s newly created Office of Government Efficiency retains the authority to make sweeping budget cuts while securing government funding through the fiscal year-end on Sept. 30. The political impasse coincides with turmoil in financial markets as Trump’s tariff policies have stoked widespread investor uncertainty. By Thursday, the S&P 500 had entered a correction, losing more than 10% in three weeks. But news that the Senate was making progress on the spending bill sparked a 2% recovery on Friday. Nine Democrats and one independent joined forces with nearly all Senate Republicans to pass the bill with a simple majority later in the day, passing the 60-vote threshold. *This is not investment advice. Continue Reading: There is a New Development in the Government Shutdown Crisis in the US
The UK court system has decisively halted James Howells’ quest to excavate a landfill, where he believes a hard drive containing $676 million in Bitcoin lies buried. Despite his efforts
Mina Coin team is responding to investor dissatisfaction with leadership changes. The new path aims to accelerate development and restore investor confidence. Continue Reading: Mina Coin Faces New Challenges as Leadership Changes Spark Hope The post Mina Coin Faces New Challenges as Leadership Changes Spark Hope appeared first on COINTURK NEWS .
The UK court system has issued a final ruling preventing James Howells from searching a landfill where he believes his hard drive containing the Bitcoin was dumped.
The recent surge in gold prices highlights its traditional role as a safe-haven asset, but analysts believe Bitcoin remains the true “hot sauce” in investment portfolios. As gold exchange-traded funds