Author: John Smith

London-based payments infrastructure firm Mercuryo has integrated its on-ramp services into Wallet, Telegram’s built-in cryptocurrency platform.  The partnership allows Wallet users to buy digital assets like Bitcoin (BTC) and Toncoin (TON) using traditional currencies like the U.S. dollar or euro, crypto.news can exclusively report. Wallet, a custodial crypto service embedded in Telegram, enables users to send, receive, and store digital assets within the messaging app. The Mercuryo integration is expected to reduce fees and simplify the process of converting fiat currency into crypto, which has been a major barrier for new users. “Wallet in Telegram currently has a sole on-ramp…

ETH has fallen more than 8% as traders grow weary of rumors on social media saying the Ethereum Foundation will liquidate when the price falls to $1,100. Rumors have been circulating among crypto traders on the social media platform X, with many speculating that the Ethereum Foundation could face a liquidation of up to $100 million if the price of Ethereum (ETH) falls further and hits $1,100. “If the Ethereum Foundation gets liquidated at $1,100 to bottom us for the cycle surely that ends the simulation,” said one X account. “The Ethereum Foundation getting liquidated at $1,100 will be this…

Clearstream plans to offer Bitcoin and Ether custody and settlement services to its 2,500 institutional clients starting April. Clearstream, the central securities depository arm of Deutsche Börse Group, will launch cryptocurrency custody and settlement services for institutional clients starting April, Bloomberg reports, citing executive at the company. The Luxembourg-headquartered depository will initially support Bitcoin (BTC) and Ethereum (ETH), with plans to expand into other cryptocurrencies and services like staking, lending, and brokerage. According to the report, Clearstream’s 2,500 clients will be able to access these services through their accounts with Clearstream Banking SA, while the offering itself will be facilitated…

New centralized exchanges, or CEXs, have begun developing products throughout the industry to serve this new wave of institutional and retail investors as cryptocurrency use continues to rise globally.M2, one of the latest CEXs to hit the market, was introduced in October 2023 and bills itself as the “new home of crypto investments.” Let’s delve into m2.com Review.  M2.com Review: Products M2 Exchange takes pleasure in offering a wide range of over 30 verified crypto assets, allowing customers to invest in a broad portfolio and take advantage of different tokens and digital currencies to suit different investing tastes. You can…

Key Takeaways New Rules mandate the use of Unique Transaction Identifiers (UTI), Unique Product Identifiers (UPI), and Critical Data Elements (CDE) for OTC derivatives reporting As per regulators, the use of DTIs will ensure that crypto assets are clearly identified and tracked in financial reporting. The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) announced plans to overhaul the reporting framework for over-the-counter (OTC) derivatives. The new rules, designed to meet international standards, will come into effect on September 29, 2025. The decision follows feedback from a consultation paper released in March 2024. Local stakeholders and…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. WhiteRock’s XRPL-powered testnet has shown strong performance, drawing attention ahead of its live launch and upcoming AMA on March 11. WhiteRock’s recent testnet, conducted through its integration with XRPL, has delivered strong results. The testnet recorded a network latency of 4.2 milliseconds and $324.5 million in 24-hour market activity. To discuss this XRPL integration and answer the public’s questions, WhiteRock has organized a LIVE AMA with its founder Maxime Pizzolitto on March 11 at 12 pm (EST). WhiteRock is…

South Korea’s central bank is reportedly set to launch a real transaction test for its central bank digital currency this month, involving 100,000 consumers and seven banks. South Korea is set to begin real-world testing of its CBDC in March, with 100,000 consumers using deposit tokens issued by seven banks, per local news outlets. According to reports, the trial will include major financial institutions such as KB Kookmin, Shinhan, and Hana Bank. The pilot, which is understood to be carried out in a collaboration between the Bank of Korea, the Financial Services Commission and the Financial Supervisory Service, will see…

United States Senator Bill Hagerty has introduced an updated version of the Guiding and Establishing National Innovation for US Stablecoins Act ahead of a key Senate Banking Committee vote on March 13. According to a March 10 announcement, the revised bill strengthens regulatory standards for stablecoin issuers, refining rules on consumer protections, reserve requirements, and oversight.  One of the biggest shifts is its tougher stance on non-US stablecoin issuers, imposing what Web3 app founder Dom Kwok, in a March 11 X post, described as “extra high standards” for reserves, liquidity, and compliance checks. This move is expected to give US-based…

Strategy’s stock is down almost 50% from its Nov. peak, but the company continues its aggressive Bitcoin accumulation strategy amid the current crypto bloodbath. Strategy stock plunged 17% yesterday, closing at $239.27. This marks an almost 50% shave-off its value since its peak of $473.83  in Nov. 2024. According to Bloomberg, Strategy’s stock surged even faster than Bitcoin, driven by optimism that Trump would create a strategic Bitcoin reserve. However, as Bitcoin (BTC) has surrendered most of its recent gains, Strategy’s stock has tumbled at an even steeper rate. Source: Bloomberg Investor sentiment turned particularly sour when Trump’s executive order…

Bitcoin and altcoins remain at risk in the short term as macroeconomic and global concerns drive market sentiment, Santiment says. Crypto investors should brace for more turbulence ahead as major selling pressure from large Bitcoin (BTC) holders has pushed prices lower for seven straight weeks, analysts at Santiment wrote in a March 11 research report. Bitcoin has dropped from its all-time high of around $109,000 on January 19 to a low of $78,000. Santiment points to profit-taking by key stakeholders as a trigger for the decline. “[…] when key stakeholders finally began to take profit on February 19, 2025, prices…