DeFi News Daily Official TheBitTimes.com

In two legal filings, MicroStrategy (now doing business as Strategy) has revealed that the company paused bitcoin (BTC) purchases last week. Moreover, it reminded common MSTR shareholders that they don’t have an ownership interest in any BTC the company holds. The Michael Saylor-founded company owned 528,185 BTC, acquired for an average price of $67,458, as of March 30. It still owned that exact amount yesterday. Strategy’s latest regulatory filing indicates that its so-called At The Market or “ATM” program paused entirely last week. The company sold zero shares of Class A common stock or Series A Perpetual Strike Preferred Stock last week. MicroStrategy bought 2.6% of circulating bitcoin at $67,458 apiece Read more: MicroStrategy invents a new way to dilute shareholders with STRK Further, multiple announcements by the company, which mirror disclaimers by other companies like Riot, disclaim that MSTR stock doesn’t confer any “ownership interest in the ...

The forex market is dynamic with changes occurring every minute of the day’s trade. BRICS is doing everything to topple the US dollar from the world’s reserve status and replace it with local currencies. Despite their best efforts, the de-dollarization agenda is yet to become a reality as the USD still dominates the financial sector. This puts a major dent in their initiative as the greenback reigns supreme even after multiple attempts to bring it down. Also Read: BRICS: New Country Rejects Local Currency for Oil, Wants US Dollar BRICS: 8 Currencies That Dominate the Financial World Source: euroschoolindia.com Even after BRICS placed local currencies ahead for trade, the US dollar is the most used tender for cross-border transactions. The majority of the world uses it for trade settlements as it sustains the market’s whiplash. The USD does not dramatically head south and is backed by various global economic participants who trust the currency. Below is the list of the...

 The latest way to make money in 2025 is through PairMiner crypto cloud mining, allowing you to earn passive income even while you sleep. PAIRMining As the cryptocurrency market explodes, more and more investors are looking for easier and lower-cost ways to mine. To meet this demand, Donald Trump Jr. and Eric Trump launched American Bitcoin and worked with Hut 8, a leading global Bitcoin mining company, to provide users with a more efficient mining platform. In this process, PAIRMining has become a pioneer in industry change. With its innovative cloud mining model, every investor can overcome the high threshold of traditional mining and easily start their own path to digital wealth. Get to know PAIRMiner : A secure FCA regulated platform PAIRMiner is a platform regulated by the UK Financial Conduct Authority (FCA), which ensures the security and compliance of the platform. As a world-leading cloud mining platform, PAIRMiner not only provides users with a mining method that...

OFAC sanctions USDT-on-Tron wallets used by Houthis The US Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned eight crypto asset wallets tied to Yemen’s Houthi movement. Houthis assist with maritime transport and arms deals from Russia for pro-Iran groups operating in Yemen.  By making it illegal to transact with their wallets and flagging the wallets for global awareness, OFAC aims to prohibit transactions and block the liquidation of their property. All US-operated crypto exchanges and services must block access to sanctioned wallets, and it is illegal for US residents to transact with entities on OFAC’s sanctions list. OFAC has designated the Houthis, also known as Ansarallah, as a Specially Designated Global Terrorist since February 16, 2024. Today’s action adds more specificity to that designation by delineating the exact crypto wallets that exchanges and other services should block. Sanctioned crypto exchange Garantex probed over $20B USDT tra...

Justin Sun bailed out $500M stablecoin TUSD, report Court filings in Hong Kong and reporting from CoinDesk have revealed that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves became stuck in First Digital Trust and it became effectively insolvent, unable to redeem its tokens.  This runs contrary to certain public claims by TrueUSD that during the period in question, it continued to claim that it was backed “1:1” by US dollars — even after it started having redemption issues with First Digital. These claims relate to TrueUSD’s relationship with First Digital Trust, which was its primary asset manager.  TrueUSD trusted First Digital to manage its reserve, and First Digital Trust invested in trade finance on its behalf. TrueUSD has since alleged that it was unable to redeem those funds and that First Digital directed some assets to another firm, “Glass Door,” apparently without permission f...

$10 trillion asset manager BlackRock has officially registered as a crypto asset firm in the UK, according to the Financial Conduct Authority. It joins a list that includes the likes of Coinbase, PayPal, and Revolut to register as such in the UK. This allows BlackRock to operate its new European Bitcoin exchange-traded product as a UK entity. JUST IN: BlackRock officially registers as a crypto asset firm in the UK. — Watcher.Guru (@WatcherGuru) April 1, 2025 “We have rejected submissions that didn’t include key components necessary for us to carry out an assessment, or the poor quality of key components meant the submission was invalid,” the FCA says on its website. Also Read: BRICS President Eyes Increased De-Dollarization as US Trade War Lingers BlackRock’s iShares Bitcoin ETP was listed on the Euronext stock markets in Paris and Amsterdam last week. It launched with a fee waiver of 10 basis points. This reduces its expense ratio to 0.15% until the end of the year. “It reflects...

A crypto analyst known for accurately calling Bitcoin’s pre-halving correction last year believes that BTC needs to reclaim a key technical indicator as support to regain bullish momentum. Pseudonymous crypto strategist Rekt Capital tells his 542,600 followers on the social media platform X that BTC appears to be mirroring its price action in 2021 when Bitcoin consolidated between two key exponential moving averages (EMAs) on the weekly chart. According to Rekt, Bitcoin must convert the 21-week EMA into support to trigger the resumption of bullish price action. “Earlier this week, Bitcoin rejected from the 21-week EMA resistance (green). As a result, Bitcoin continues to consolidate between these two Bull Market EMAs, much like it did in mid-2021. Nonetheless, for the future, the key confirmation signal for a breakout will be a weekly close above the green EMA followed by a post-breakout retest of it into new support (light blue circle).” Sour...