Bitcoin dominance hits new highs, alts fade: Research

Bitcoin’s (BTC) dominance has crested new highs as altcoins’ short-lived rally fizzles, according to data from Matrixport, a cryptocurrency financial services platform.  As of March 12, Bitcoin dominance — a measure of Bitcoin’s share of crypto’s overall market capitalization — stands at 61.2%, according to Matrixport. This is up...
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Bank of Russia Proposes Limited Crypto Trading for Select Investors

The Bank of Russia has put forward a new proposal that could mark a significant shift in the country’s approach to cryptocurrency regulation. Earlier today, the central bank announced that it has submitted a proposal to the Russian government to discuss allowing a limited group of investors to buy...
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Crypto Rally Doesn’t Hold After Soft Inflation Data

The crypto sector was mostly flat for the day, as a short rally following better than hoped U.S. inflation data quickly lost steam. Bitcoin (BTC) is trading at $82,800, down 0.5% in the last 24 hours. The CoinDesk 20 — an index of the top 20 cryptocurrencies excluding exchange...
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OKX acquires MiFID II license in Europe

OKX says it’s set to expand its institutional offering in Europe after it secured the Markets in Financial Instruments Directive license. The crypto exchange’s Europe arm gets the license following the acquisition of a Malta-licensed firm that has the Markets…...
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Bitcoin Falls with Stocks Following Trump’s Trade War – Fed’s Next Move?

Bitcoin’s recent decline isn’t just a crypto issue—it’s closely following the performance of major tech stocks like Apple, Tesla, and Microsoft. Geoff Kendrick of Standard Chartered refers to this as the “Magnificent Seven plus Bitcoin” group. While Tesla has struggled, Meta and Apple have remained more resilient. Bitcoin’s movements...
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