Author: Anthony M. Orbison

South Carolina has become the latest US state to dismiss its lawsuit against crypto exchange Coinbase over its staking services, which had accused the crypto exchange of offering unregistered securities.The lawsuit was officially dismissed in a joint stipulation between the crypto exchange and the South Carolina Attorney General’s securities division on March 27.“South Carolina just joined Vermont to dismiss its unfounded staking lawsuit against Coinbase,” the firm’s chief legal officer, Paul Grewal, said in a March 27 X post.“This is not just a victory for us, but for American consumers and we hope it’s a sign of things to come…

The New York Stock Exchange (NYSE) has imposed a Short Sale Restriction (SSR) on GameStop after volume spiked to levels reminiscent of GameStop’s famous 2021 short squeeze.GameStop (GME) short sales volume — the total number of shares sold short within a specific timeframe — rose 234% over 24 hours, reaching 30.85 million shares sold on March 27, according to TradingView data. The SSR kicks in when a stock drops over 10% from the previous day’s closing price. GameStop’s stock fell 22% over the trading day, wiping out its 12% gain from the Bitcoin announcement and then some, according to Google Finance…

In the rapidly evolving world of cryptocurrency, regulatory shifts, legal battles and groundbreaking policy proposals are shaping the industry’s future. The premiere episode of The Clear Crypto Podcast by Cointelegraph and StarkWare brings in a legal expert specializing in the crypto industry to help shed light on the state of crypto regulation in the US, ongoing enforcement actions and the growing role of Bitcoin in government reserves.Crypto regulation in fluxWith the Securities and Exchange Commission (SEC) under a transformed leadership in the Trump administration, the regulatory landscape is undergoing significant changes. High-profile lawsuits against Coinbase, Consensys, Binance and Tron have either…

Bitcoin (BTC) faced mixed forces on March 27 as a combination of fresh US trade tariffs and macroeconomic data weighed on risk assets.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewGold leaves Bitcoin in the dust amid tariff woesData from Cointelegraph Markets Pro and TradingView showed BTC price volatility returning at the Wall Street open.BTC/USD displayed uncertain trading behavior in line with US stocks as the second revision of US Q4 GDP came in above the median forecast of 2.3%. At the same time, initial jobless claims fell short of estimates, potentially emboldening more hawkish financial policy from the Federal Reserve in the form of…

Since reaching a weekly high of $88,752 on March 24, Bitcoin (BTC) price has formed a series of lower highs and lower lows in the 1-hour time frame chart. As the end of the week approaches, Bitcoin price has failed to break above the $88,000 resistance, reducing the chance for a $90,000 retest before the end of Q1. Bitcoin 1-hour chart. Source: Cointelegraph/TradingViewWhat is keeping Bitcoin under $90K?One major reason for Bitcoin’s current price struggles is constant sell-side pressure from short-term holders (STHs) or investors holding coins for less than 155 days. Glassnode’s “The Week On-chain” newsletter noted that the…

The current state of crypto is akin to the internet’s “America Online” (AOL) era during the late 1990s, when the user experience was clunky, technical, featured limited use cases, and moved at dial-up speeds, according to Polygon co-founder Sandeep Nailwal.In an interview with Cointelegraph, Nailwal identified several key areas of development to improve user experience, including seamless fiat on- and off-ramps, custody solutions that feature key recovery, and hardware wallets built into mobile devices.”We are in the dial-up era of the internet where even connecting to the Internet was a tedious task, like you had to be a mini-engineer to…

The world’s largest cryptocurrency, Bitcoin (BTC), has been struggling to get back above the $90,000 mark. March was clearly an unfavorable month for the entire cryptocurrency industry. The king coin started the year 2025 on a great note. BTC surged all the way to a high of $109,114.88, registering a new peak. Despite its latest drop, several in the market remain optimistic about the asset’s rise towards a new peak sooner rather than later.Also Read: GameStop to Follow Strategy’s Bitcoin Playbook: Will GME Stock Skyrocket or Crash?$150,000 On The Cards For Bitcoin Before 2026Source: Watcher GuruThe community is currently hoping…

Bitcoin (BTC) investors are preparing for the record-breaking $16.5 billion monthly options expiry on March 28. However, the actual market impact is expected to be more limited, as BTC’s drop below $90,000 caught investors off guard and invalidated many bullish positions. This shift gives Bitcoin bears a crucial opportunity to escape a potential $3 billion loss, a factor that could significantly influence market dynamics in the coming weeks.Bitcoin options open interest for March 28, USD. Source: Laevitas.chCurrently, the total open interest for call (buy) options stands at $10.5 billion, while put (sell) options lag at $6 billion. However, $7.6 billion of…

There are roughly half a billion crypto users around the world and, at the most generous estimate, only 2.5% are using hardware wallets. That’s a tiny number, but I’m relieved it’s not higher.  Why? Because I want people to on-board to Bitcoin by the billion, and I want to see everyone self-custody securely. The consumer hardware wallet industry is one of the biggest obstacles to achieving this goal. And not just to Bitcoin adoption: the whole decentralization revolution is at risk if we don’t address the fatal flaw  at the heart of the world’s most popular wallets.  Wallets are treading…

In what is a major development for the cryptocurrency industry, BlackRock’s Global Allocation Fund has disclosed $47.4 million in Bitcoin ETF holdings. Indeed, the $11 trillion asset manager has increased its iShares Bitcoin Trust (IBIT) shares by 91%, according to a new filing with the US Securities and Exchange Commission (SEC).The official filing, made Thursday, shows that that fund has continued to increase its shares in the BlackRock-issued Bitcoin ETF throughout the end of last year. Specifically, the investment strategy has added 390,894 IBIT shares to its portfolio from November 2024 to January 2025.JUST IN: BlackRock’s Global Allocation Fund discloses…