Day: March 13, 2026

Ex-JP Morgan and Dresdner Kleinwort traders launch crypto prop platform

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Velotrade, a Hong Kong-based firm founded by former institutional derivatives traders from JPMorgan and Dresdner Kleinwort, has unveiled its funded trading platform that provides traders with capital while sharing profits based on performance, according to a Friday statement. Crypto proprietary trading is a model that allows traders to trade digital assets using capital provided by a proprietary trading firm rather than their own funds. To access a funded account, most retail models require traders to pass a challenge that evaluates profitability and risk discipline. If successful, traders will receive a…

Watch These ETH Price Levels Next

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Ether (ETH) traded about 30% below its yearly open of $2,990, as traders grow increasingly risk-averse amid a global conflict and macroeconomic uncertainties. Still, stronger network usage and increasing inflows into ETH accumulation addresses could provide a spark that may see the price finally break $2,200 resistance. Key takeaways: ETH held in accumulation wallets has risen 32% since January, showing strong long-term confidence. Staked ETH reaches a record 37.85 million, representing over 30% of supply. Analysts say Ether bulls must reclaim $2,200 as support  6.5 million ETH increase in accumulation…

KuCoin Introduces Perpetual Futures Tied to Tesla and Strategy stocks

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Crypto exchange KuCoin has launched equity-linked perpetual derivatives tied to stocks, including Tesla and Strategy, allowing traders to speculate on their price movements through USDt-settled contracts that trade around the clock. According to Friday’s announcement, the first listings include TSLAUSDT and MSTRUSDT perpetual contracts, which track price movements in the underlying equities but do not grant ownership of the shares. Instead, the products are synthetic derivatives settled in stablecoins. The contracts have no expiration date and can be traded continuously. Positions can be opened with as little as 1 USDt…

AI Power Demand Fuels Nuclear Revival — Bitcoin Miners Were Early Adopters

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Nuclear power is gaining renewed attention in the United States as artificial intelligence and data center expansion drive demand for reliable, large-scale electricity. According to the latest Miner Weekly newsletter from TheEnergyMag, recent annual filings suggest that major utilities and power producers believe the United States may be entering a “nuclear renaissance.” The publication cited recent annual filings showing that utilities are linking the revival to long-term power contracts with AI hyperscalers such as Microsoft, Amazon and Meta Platforms. Rather than relying solely on renewable energy credits to offset emissions,…

Bitcoin holds steady as inflation stays sticky and growth slows

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Here’s a fun paradox: the US economy just delivered a one-two punch of stubborn inflation and weakening growth, and Bitcoin’s response was… a 3% rally. Either crypto has developed an immunity to macroeconomic gravity, or the market is pricing in something the headlines haven’t caught up to yet. The Fed’s preferred inflation gauge — the core Personal Consumption Expenditures (PCE) index — came in at 3.1%, matching expectations but doing absolutely nothing to suggest rate cuts are around the corner. Meanwhile, GDP growth was quietly revised down to a barely-there…

Bitcoin Grills $74,000 Again After US PCE Inflation Data

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Bitcoin (BTC) aimed for five-week highs at Thursday’s Wall Street open as US inflation trends stayed on track. Key points: US inflation data keeps crypto and stocks higher as BTC price action tests $74,000 again. Bitcoin traders diverge over the future of the move, with a “bearish retest” risking a new price collapse. BTC/USD finally recrosses its 50-day moving average trend line. PCE inflation emboldens Bitcoin bulls Data from TradingView confirmed new local BTC price highs near $74,000 following the January print of the Personal Consumption Expenditures (PCE) Index. BTC/USD…

Yield-Bearing Stablecoins Surge as Washington Fights Over Yield

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Yield-bearing stablecoins are growing faster than the broader stablecoin market, according to Messari, as Washington remains divided over how crypto-linked yield should be treated under US law. Yield-bearing stablecoins have outpaced the growth of the broader stablecoin market 15-fold over the past six months, according to a Messari research report published on Thursday. The increase was driven by a 198% rise in the market cap of Circle’s USYC (USYC), a 169% increase in Paxos’ Global Dollar (USDG), a 114% rise in the value of the Tron DAO-linked Decentralized USD (USDD),…

Olivier Janssens’ Nevis Project Offers Residents $100 a Month

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Belgian-born crypto millionaire, Olivier Janssens, reportedly offered to pay Nevis residents $100 per month if the government approves his development plans for a tech-friendly libertarian community on the Caribbean island. Jannsens’ Destiny, a project aiming to buy and restructure about 2,400 acres of land on the Caribbean island, said it will begin paying residents $100 per month, “immediately once the final agreement with the government is approved,” according to an email seen by the Financial Times.  The monthly $100 figure is an increase from the initial 30 East Caribbean dollars…

Authorities Dismantle SocksEscort Proxy Network and Crypto Fraud

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US and European authorities said Thursday they had disrupted SocksEscort, a malicious proxy service used by cybercriminals to hide their identities while carrying out fraud, including cryptocurrency account takeovers. The DOJ said the service compromised at least 369,000 routers and other internet-connected devices in 163 countries, giving cybercriminals control over proxies that hid their true IP addresses. The platform reportedly enabled crimes, including bank fraud and cryptocurrency account takeovers, since 2020. In one case cited by prosecutors, a victim in New York lost roughly $1 million in cryptocurrency. Authorities said…

TOKEN2049 Dubai postponed to April 2027 amid regional security concerns

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The team behind TOKEN2049 has confirmed that TOKEN2049 Dubai 2026 will be postponed to 21–22 April 2027 due to ongoing regional uncertainty impacting safety, travel, and logistics. The safety and experience of our community always comes first. In collaboration with our partners and stakeholders, and in light of the ongoing uncertainty in the region and its impact on safety, international travel and logistics, TOKEN2049 Dubai will be postponed to 21–22… pic.twitter.com/Pw4k5nApQ3 — TOKEN2049 (@token2049) March 13, 2026 The decision was made in coordination with partners and stakeholders to ensure the…