Author: James Wilson

Argo Blockchain shares surged 16% after the company signed a non-binding term sheet for up to $40 million in senior secured convertible loans. Argo Blockchain shares surged over 15% after securing a funding deal of up to $40 million in senior secured convertible loans. In a March 3 press release, the company revealed it had signed a non-binding term sheet on Feb. 25, with an initial $15 million tranche and up to $25 million more over 18 months. With the funding, Argo Blockchain wants to upgrade its Bitcoin mining fleet in Quebec, Canada, bolster its balance sheet, and explore mergers…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Solana edges toward $200, investors are shifting focus to Remittix, a rising PayFi token with the potential for even greater gains. The Solana price has investors buzzing as it edges closer to $200, yet many are shifting focus to a new PayFi token for potentially larger returns. While current Solana price movements garner attention, this new Defi project is quietly gaining traction among investors seeking substantial profits. Let us examine Solana’s recent performance and introduce an emerging altcoin…

Two Colombian regulators have proposed another bill that would serve to regulate crypto. The bill consists of 16 provisions, including a VASP licensing system for crypto firms. According to local media outlet El Colombiano, the bill aims to establish a legal framework that would ensure protection for crypto users and encourage more investment in the nation’s budding crypto industry. The bill outlines a total of 16 articles that cover several crypto-related aspects including monitoring, marketing rules, education, crypto tax, as well as anti-money laundering and counter-terrorism financing measures or AML/CFT. In addition, the bill also proposes a virtual asset service…

Binance moves to restrict non-MiCA compliant stablecoins for EEA users, reveals delisting timeline and conversion options ahead of March deadline. Cryptocurrency exchange Binance will remove non-MiCA compliant stablecoins like Tether (USDT), First Digital USD (FDUSD), and DAI (DAI) from spot trading in the European Economic Area starting March 31, urging users to switch to MiCA-compliant ones like Circle’s USD Coin (USDC), Eurite (EURI) or fiat like EUR. In a March 3 press release, Binance said that for now, non-MiCA compliant stablecoins can still be traded in spot pairs until the deadline. However, after March 31, these pairs will be fully…

Berachain denied rumors of upcoming 10 million token unlock this week. Berachain (BERA) staff pushed back against claims of a 10 million BERA token unlock this week. The rumor gained traction after Tokenomist included BERA in a list of tokens with upcoming large-scale unlocks. To put it into perspective, 10 million BERA represents 2% of the token’s total supply.  Specifically, Tokenomist reported that Berachain is gearing up for a linear token unlock exceeding $1 million per day in the next seven days, placing BERA among other tokens preparing for large-scale unlocks, with a total unlocked value of over $132.1 million.…

Crypto czar David Sacks says he currently does not own any crypto holdings since stepping into his role. Sacks is currently undergoing a government ethics review. On March 3, Sacks responded to a post made by Venture Capital correspondent George Hammond’s regarding the public official’s non-existent crypto holdings. Sacks said he used to own direct crypto holdings in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). “Correct. I sold all my cryptocurrency (including BTC, ETH, and SOL) prior to the start of the administration,” said Sacks in his post. While he has indeed sold his direct crypto holdings, Sacks is also…

The recent slowdown in Bitcoin ETF selling isn’t driven by Trump’s crypto reserve plan but rather shifting market dynamics. Spot Bitcoin exchange-traded funds saw their largest outflows since launching in January 2024. For now, the selling pressure may be easing, though not necessarily due to President Donald Trump‘s statement on a strategic crypto reserve, but seemingly because hedge funds unwound basis trades, analysts at Matrixport suggest. https://twitter.com/Matrixport_EN/status/1896460763293986916/ In an X post on March 3, the analysts suggested that hedge funds likely triggered the sell-off by unwinding basis trades, which aligns with the $8 billion drop in CME open interest since…

CRO crypto broke out of its 3-month downtrend after Cronos launched a proposal aimed at establishing a Cronos Strategic Reserve. According to a March 3 X post, Cronos, the Layer 1 blockchain associated with crypto exchange Crypto.com, is considering a proposal to establish a Cronos Strategic Reserve wallet that will be made by reissuing the 70 billion CRO tokens that were burned in 2021. The burning event hailed as one of the largest in crypto history, reduced the supply from 100 billion to 30 billion CRO tokens to support decentralization efforts ahead of Cronos’ mainnet launch. Through the Cronos reserve,…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A new DeFi altcoin is catching investor attention, with experts saying it could outperform Solana and XRP: here’s why. Recent market chatter says that Solana and XRP are in a dip but a new altcoin is turning heads. Many experts now claim that this token may outperform the others. Its current DeFi coin price makes it attractive for early investors.  Some even call it one of the best cryptos to buy for long-term growth. The fresh approach of this…

Law enforcement in India has arrested three in connection to a large-scale crypto fraud that lured over 2,000 victims with promises of lucrative returns. According to local media, police in the northeastern Indian state of Assam have cracked down on the RSN Crypto scam, an elaborate scheme that deceived investors with misleading profit guarantees and a bogus online platform. While active, the operators allegedly duped over 2,000 victims and managed to amass between inr 10-20 crore ($1.14-2.29 million). Scammers advertised the RSN crypto token as a promising investment that would offer a 2% daily return. However, the investigation revealed that…