Author: Tristan Lodenberg

Asset management giant T. Rowe Price has amended the registration statement for its proposed actively managed crypto exchange-traded fund, updating a prospectus originally submitted in October. The revised filing with the U.S. Securities and Exchange Commission outlines operational details while maintaining the core structure of the planned fund. The updated document lists 15 digital assets that may be included in the portfolio, including Bitcoin, Ethereum, Solana, XRP, Avalanche and Shiba Inu. The amendment also adds Sui to the list of eligible tokens. The filing names Anchorage Digital Bank as the crypto custodian responsible for safeguarding digital assets and provides additional…

Digital asset wealth management platform Abra is preparing to enter public markets through a reverse merger with special purpose acquisition company New Providence Acquisition Corp. III. The agreement values the crypto firm at a pre money equity valuation of $750 million. Once the transaction is completed, the combined company is expected to trade on the Nasdaq Stock Market under the ticker symbol ABRX. Existing investors, including Pantera Capital, Blockchain Capital, RRE Ventures, Adams Street Partners and SBI Holdings, will roll over their shares into the newly formed entity. Crypto Wealth Management Services and Business Strategy Founded in 2014 by Bill…

A controversy surrounding prediction platform Polymarket has emerged after a journalist reported receiving death threats linked to a high stakes market predicting whether Iran would strike Israel on a specific date. The market had attracted more than $14 million in wagers tied to a contract asking whether Iran carried out a missile, drone, or airstrike on Israeli territory. The issue intensified after a report stated that an Iranian missile struck an open area near the Israeli city of Beit Shemesh on March 10. Following the report, individuals who had placed bets on the contract allegedly contacted the reporter through email,…

Law enforcement agencies in the United States, the United Kingdom and Canada have launched a coordinated initiative to combat crypto fraud. The effort, called Operation Atlantic, focuses on identifying victims of crypto related scams and preventing further financial losses, particularly those linked to approval phishing schemes. The initiative involves several agencies, including the US Secret Service, the UK National Crime Agency, the Ontario Provincial Police and the Ontario Securities Commission. Authorities say the operation aims to detect suspicious activity quickly and disrupt fraudulent networks before additional funds are stolen. Approval phishing typically occurs when victims are tricked into signing a…

Bitcoin’s recent rebound reflects a growing base of long-term holders, according to Bernstein analysts. The research note highlights that US spot Bitcoin ETFs and corporate treasury accumulation are reshaping ownership, contributing to a more resilient market structure. Over the past week, Bitcoin rose 7% to $73,317, outperforming gold and major equity indexes, while Ether increased 9% to $2,260 despite heightened geopolitical tensions in the Middle East. Shift Toward Long-Term Ownership Approximately 60% of Bitcoin supply has remained inactive for more than a year, indicating a market increasingly dominated by long term holders rather than short-term traders. ETF inflows, totaling over…

Bitcoin is trading near $73,000 as the market watches a potential breakout above the $74k level. A decisive move beyond that resistance with strong trading volume could trigger a rally toward $80k, a price zone that previously acted as support in November before the market declined earlier in the year. However, failure to break higher may push Bitcoin back into the $62,000–$72,000 range that has defined trading activity for more than a month. Memecoins Lead Altcoin Market Gains While Bitcoin consolidates, the altcoin market has shown stronger momentum. Memecoins such as PEPE, BONK and PENGU recorded double-digit gains, with PEPE…

South Korean regulators have imposed a 36.8 billion won (about $24.5 million) fine on crypto exchange Bithumb after uncovering widespread violations of Anti-Money Laundering (AML) regulations. Authorities reported approximately 6.65 million compliance breaches during an inspection, including failures in customer identity verification, transaction monitoring, and record-keeping requirements. Investigators also found that Bithumb processed 45,772 crypto transfers linked to 18 unregistered overseas virtual asset service providers (VASPs), which violates South Korea’s financial compliance rules. Six-Month Partial Business Suspension Alongside the financial penalty, regulators ordered a six-month partial business suspension. From March 27 to Sept. 26, the exchange will be prohibited from…

XRP surged from approximately $1.41 to $1.47 during a strong breakout, surpassing the long-standing resistance around $1.426. Trading volume spiked over 250%, signaling heightened market activity. The move marks the first sustained rally above the mid-$1.40 range since early 2026, shifting short-term momentum in favor of buyers. Technical Outlook and Support Levels Traders are monitoring whether XRP can hold support near $1.43–$1.44. Sustaining this zone may open the path to $1.50–$1.55, while a drop below $1.43 could see prices retreat toward $1.39–$1.40. Network Activity and Market Implications The breakout coincides with increasing activity on the XRP Ledger, including tokenized real-world…

BitMine Immersion has expanded its Ethereum treasury after acquiring approximately 60,999 ETH over the past week. The latest purchase raises the firm’s total holdings to about 4.596 million ETH, valued at more than $10.4 billion at recent market prices. The company’s combined crypto assets, cash reserves, and venture-style investments now total roughly $11.5 billion. The accumulation strategy reflects BitMine’s broader objective of securing around 5% of Ethereum’s circulating supply. With current holdings representing about 3.8% of available ETH, the company continues to move steadily toward that target. Staking Activity and Revenue Generation A significant portion of BitMine’s holdings is deployed…

Australia’s securities regulator, the Australian Securities and Investments Commission (ASIC), has warned young investors about the risks of relying on social media influencers and AI chatbots for financial guidance. A recent survey of 1,127 Australians aged 18–28 found that 63% use social media for financial information, 18% consult AI platforms, and 30% rely on YouTube content. While Gen Z shows high trust in these sources 64% trust AI financial tools and over 50% trust “finfluencers” ASIC cautions that this reliance may contribute to riskier financial decisions. Last year, the regulator issued warnings to 18 influencers suspected of unlawfully promoting high-risk…