Day: March 4, 2026

South Korea Halts Trading as Global Markets Plunge

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The Korean Stock Exchange was forced to halt trading after the escalating conflict in the Middle East prompted a major share price plunge on Wednesday. The South Korean Kospi and Kosdaq each plunged more than 10% during morning trading in Seoul, triggering a circuit breaker as the indexes saw their worst session since August 2024, Channel News Asia reported on Wednesday. Japan’s stock markets also saw heavy losses on Wednesday, with the Nikkei and Topix both down almost 4%. Hong Kong’s Hang Seng Index was down 3%, and China’s Shanghai…

Ex-LAPD Cop Convicted of $350K Crypto Theft

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A former Los Angeles Police Department officer has reportedly been convicted of kidnapping a 17-year-old and stealing $350,000 worth of crypto in a 2024 home invasion. A Los Angeles County Superior Court jury found Eric Halem guilty of kidnapping and robbery on Monday after a two-week trial, the Los Angeles Times reported. The court was told that Halem and three other men posed as police carrying out a search warrant on an apartment rented by the teenager, who reportedly had earned a significant amount of crypto. Prosecutors said the teenager,…

Dogecoin (DOGE) Under Strain, Sellers Eye Another Leg Lower

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Trump held private meeting with Coinbase CEO Brian Armstrong before urging banks to support crypto bill

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A delegation from Coinbase, led by CEO Brian Armstrong, was at the White House on Tuesday, according to Crypto in America’s Eleanor Terrett. The visit was reported hours after President Donald Trump issued a statement on Truth Social, urging banks to make a deal with crypto firms over the key crypto market structure bill. It was confirmed by Politico that Trump had held a closed-door meeting with Armstrong before making his public comments. In his remarks, Trump criticized banks for standing in the way of pro-crypto bills such as the…

TradFi Will Move to 24/7/365 Crypto Rails: Bitwise

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Bitwise chief investment officer Matt Hougan says he’s drastically cut his estimates of when “on-chain finance” will take off after seeing investors pile into crypto platforms such as Hyperliquid to trade tokenized assets amid the US-Israel attack on Iran. In a post on Tuesday titled “The weekend that changed finance,” Hougan said crypto perps futures platform Hyperliquid became the epicenter for trading real-world assets like crude oil and tokenized gold while the US, European and Asian stock exchanges were closed at the time of the first attack on Saturday at…

XRP Price Begins Consolidation, Breakout Pressure Gradually Builds

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

AI Agents Prefer Bitcoin Over Fiat, But Methodology Has Flaws

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A new study from the Bitcoin Policy Institute (BPI) suggests that artificial intelligence models prefer Bitcoin over stablecoins and other forms of money for different financial situations, with very few showing a preference for fiat currency.  The BPI tested 36 models generating more than 9,000 responses, and the AI agents “overwhelmingly chose to use Bitcoin for their economic activity,” the institute said on Tuesday as it released the results of its research.  The study found that 48.3% of AI models chose to use Bitcoin (BTC) overall, and it was the…

Ethereum Price Stuck Under $2,050, Bulls Seek Recovery Catalyst

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Ethereum price started a fresh increase but failed near $2,080. ETH is now correcting gains and might decline further below $1,920. Ethereum started a downside correction from the $2,080 zone. The price is trading below $1,950 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $1,960 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,050 zone. Ethereum Price Dips To Support Ethereum price attempted a fresh increase above the…

Bitcoin Price Consolidates Above Support, Bullish Bias Strengthens

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Bitcoin price started a decent increase above $68,500 but failed at $70,000. BTC is now consolidating and might aim for more gains above $68,800. Bitcoin started a fresh increase after it settled above the $68,000 support. The price is trading above $68,000 and the 100 hourly simple moving average. There is a contracting triangle forming with resistance at $68,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $67,000 and $66,550 levels. Bitcoin Price Corrects Lower From…

‘Liking Bitcoin’ Is Not Enough For US Government: David Bailey

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David Bailey, a former crypto advisor to the Trump administration, argues that the US government could be doing more to support Bitcoin adoption.  “At the end of the day, liking Bitcoin is not enough,” Bailey said during the Bitcoin Investor Week Conference in New York, which was published to YouTube on Tuesday. “The Trump administration was a very important first step, but you know there is so much further for us to go and not just in talk but in actual delivery,” said Bailey, who now serves as CEO and…