DEXE surges 18% – Assessing if $6 resistance will break next
DEXE breakout strengthens recovery narrative as traders increase bullish positioning across spot and derivatives markets.
DEXE breakout strengthens recovery narrative as traders increase bullish positioning across spot and derivatives markets.
US banks may need regulatory clarity more than the crypto industry, a former Commodity Futures Trading Commission (CFTC) chief said, arguing they risk falling behind the rest of the world. Regulatory Uncertainty Could Leave US Banks Behind On Sunday, Chris Giancarlo, former chairman of the CFTC, discussed the significant policy reversal under the Trump administration that has been driving crypto innovation in the US, including the highly anticipated market structure bill. In an interview for Scott Melker’s The Wolf Of All Streets podcast, the ex-CFTC chief affirmed that landmark stablecoin legislation enacted last July, the GENIUS Act, was “the appetizer” for crypto regulation, while the market structure bill, also known as the CLARITY Act, represents the main dish but has become the “hard part.” For context, the CLARITY Act has been stalled for nearly two months after the Senate Banking Committee published its bill draft in mid-January. Multiple policies, including key restrictions for stablecoin issuers, were criticized by crypto leaders, leading to a prolonged fight between banks and the digital assets industry. Giancarlo affirmed that banks need regulatory clarity more than the crypto industry, arguing that they will be hesitant to invest in new technology without clear rules, and their systems will be superseded. The banks, however, can’t afford regulatory uncertainty. Their general counselors are telling their boards, you can’t invest billions of dollars in this (…) unless you’ve got regulatory certainty. (…) The banks need this clarity because they need to build this. They need to be in the forefront, not in the rear guard of this innovation. On the contrary, the crypto industry will continue to build and innovate in other jurisdictions. “They are risk-takers. They’re going to build it here, or they’re going to build it abroad,” the former CFTC chairman asserted. If the CLARITY Act isn’t passed, Giancarlo believes the leaders of financial regulatory agencies, such as the Securities and Exchange Commission (SEC) and CFTC, will likely establish the necessary rules to oversee the sector. “They won’t have the support of legislation that makes it work forever or at least into the next presidential cycle, but it’ll make it work for now. Now, does that give the industry the certainty they want? No. And who needs that certainty more than the banks? Crypto doesn’t need it. They were building even under the whip hand of Gary Gensler,” he added. Are The Odds In Crypto Regulation’s Favor? Giancarlo emphasized that the digital assets legislation has become a political issue, with Republicans opposing Democrats, and traditional finance (TradFi) opposing decentralized finance (DeFi) and new technologies. The ex-CFTC chief also noted that the challenges of the regulatory timing, asserting that “If we could not be in a worse time, we’re in an election year.” During this period, politicians’ focus is on the upcoming mid-term elections, he detailed, and “everything that takes place in Washington (…) is all about swaying the voters for the elections.” Last month, Treasury Secretary Scott Bessent urged lawmakers to pass the stalled bill this spring. He acknowledged the efforts of a bipartisan working group to advance the legislation, emphasizing that Democrats are open to collaborating with Republicans. He also warned that the chances of reaching a deal could crumble if Democrats gain control of the House of Representatives in November, given the Biden administration’s stringent regulations on the industry. Despite the delay, Giancarlo believes the odds are 60-40 in favor of passing the legislation, arguing that there’s “a lot of good in the bill for all sides” and its importance is recognized by all parties. “I think there’s a recognition that this is the new architecture of finance and America, our financial institutions are the world’s dominant financial institutions. We need to modernize that. We need to adopt this technology,” he concluded.
BitcoinWorld South Korea’s NTS Considers External Crypto Custody After Devastating $4.6 Million Theft SEOUL, South Korea – March 2025 – In a significant policy reversal, South Korea’s National Tax Service (NTS) is actively considering external professional custody for seized cryptocurrency assets. This crucial development follows a devastating security breach that exposed fundamental vulnerabilities in the agency’s digital asset management protocols. The proposed shift toward specialized third-party custodians represents a major evolution in how government entities handle confiscated virtual currencies globally. South Korea’s NTS Crypto Custody Crisis The National Tax Service’s current predicament stems directly from a catastrophic security failure on February 26, 2025. While publicizing successful asset seizures from high-value delinquent taxpayers, the agency inadvertently published a mnemonic code within an official press release. This critical error enabled unknown actors to drain approximately 6 billion won ($4.6 million USD) worth of cryptocurrency from government-controlled wallets. Consequently, the National Police Agency’s Cyber Terror Investigation Unit immediately launched a comprehensive tracking operation for the stolen digital assets. According to The Herald Business report, the NTS now recognizes its internal limitations regarding cryptocurrency security. The agency manages cold wallets containing seized virtual assets but lacks specialized expertise in blockchain technology and digital asset protection. This realization prompted senior officials to review external custody solutions as part of broader security reforms. The National Assembly simultaneously examines the agency’s proposed follow-up measures, creating legislative pressure for substantive change. Global Context for Seized Cryptocurrency Management South Korea’s situation reflects a broader international challenge facing law enforcement and tax agencies worldwide. Governments increasingly confiscate cryptocurrency during investigations but struggle with secure long-term storage. Unlike traditional assets, digital currencies require specific technical knowledge for proper management. Furthermore, private keys represent absolute control over assets, making their protection paramount. Comparative Government Approaches Several nations have developed distinct models for managing seized digital assets: United States: The Department of Justice utilizes both internal experts and contracted specialists for major seizures United Kingdom: The National Crime Agency partners with regulated crypto custodians for asset storage Japan: Financial Services Agency requires licensed exchanges to assist with government seizures Germany: BaFin oversees a hybrid model combining government control with private sector expertise These international examples provide valuable context for South Korea’s decision-making process. Notably, most advanced economies recognize that government agencies typically lack the specialized infrastructure required for optimal cryptocurrency security. Therefore, they increasingly rely on partnerships with established professionals in the digital asset custody sector. Technical Implications of External Custody Solutions The proposed external custody model involves transferring seized cryptocurrency to professional third-party custodians specializing in digital asset security. These entities typically employ multi-signature wallets, geographically distributed key storage, and institutional-grade security protocols. Additionally, they maintain comprehensive insurance coverage against theft and operational failures – a crucial consideration for government agencies managing public assets. Professional crypto custodians implement several critical security measures: Hardware Security Module (HSM) integration for key management Multi-party computation (MPC) for transaction authorization Regular third-party security audits and penetration testing Physical security protocols exceeding traditional banking standards Real-time monitoring and anomaly detection systems For the NTS, adopting such solutions would represent a fundamental shift from direct control to verified professional management. This transition requires careful legal frameworks ensuring government oversight while leveraging private sector expertise. The National Assembly’s review process must address liability, audit requirements, and operational transparency before approving any external custody arrangements. Economic and Operational Impacts The February theft incident carries significant financial implications beyond the immediate $4.6 million loss. First, it undermines public confidence in government agencies’ ability to manage digital assets effectively. Second, it potentially affects future tax collection efforts as taxpayers question the security of surrendered cryptocurrency. Third, it creates operational challenges for ongoing investigations requiring cryptocurrency seizures as evidence. From a budgetary perspective, external custody solutions involve ongoing costs that internal management avoids. However, these expenses must be weighed against the risks of future security breaches and the specialized personnel requirements for proper internal management. Professional custodians typically charge percentage-based fees on assets under management, creating predictable costs but reducing net recovery from seized assets. Timeline of Critical Events The NTS cryptocurrency management evolution follows a clear chronological progression: 2023: Increased cryptocurrency seizures prompt internal security reviews January 2025: Internal audits identify potential vulnerabilities in asset management February 26, 2025: Mnemonic code exposure leads to $4.6 million theft February 27, 2025: National Police Agency launches investigation March 2025: NTS considers external custody solutions Ongoing: National Assembly reviews proposed security reforms This timeline demonstrates how a single security incident can accelerate policy changes that might otherwise require years of bureaucratic consideration. The public nature of the theft created immediate pressure for substantive reform, bypassing typical government deliberation processes. Regulatory Framework and Compliance Considerations South Korea’s existing regulatory environment presents both challenges and opportunities for implementing external crypto custody solutions. The country maintains comprehensive cryptocurrency regulations through the Financial Services Commission and specific legislation governing virtual assets. Any external custody arrangement must comply with these existing frameworks while addressing unique government asset management requirements. Key regulatory considerations include: Licensing requirements for crypto custodians serving government clients Cross-border transfer restrictions for seized assets Reporting obligations under anti-money laundering regulations Audit and transparency requirements for public asset management Liability frameworks for potential future security incidents The National Assembly’s examination of NTS follow-up measures will likely address these regulatory dimensions comprehensively. Legislative amendments may prove necessary to authorize external custody arrangements specifically for government-seized cryptocurrency. Such legal foundations would establish precedents for other agencies managing digital assets, creating standardized approaches across South Korea’s public sector. Conclusion South Korea’s NTS consideration of external custody for seized cryptocurrency represents a pivotal moment in government digital asset management. The devastating $4.6 million theft exposed critical vulnerabilities in internal security protocols, prompting a fundamental reevaluation of established practices. As the National Assembly reviews proposed reforms, the global community watches closely for insights applicable to similar challenges worldwide. This incident ultimately highlights the specialized expertise required for proper cryptocurrency custody – expertise that government agencies increasingly recognize resides primarily in the private sector. The NTS’s eventual decision will establish important precedents for how nations balance control, security, and efficiency when managing seized digital assets in an increasingly cryptocurrency-driven economy. FAQs Q1: What prompted South Korea’s NTS to consider external crypto custody? The agency is reviewing external custody solutions following a February 2025 security breach where approximately $4.6 million in seized cryptocurrency was stolen after a mnemonic code was accidentally published in a press release. Q2: How much cryptocurrency was stolen in the NTS security incident? Approximately 6 billion won worth of cryptocurrency was stolen, equivalent to about $4.6 million USD at the time of the incident. Q3: What agency is investigating the cryptocurrency theft? The National Police Agency’s Cyber Terror Investigation Unit is currently tracking the stolen assets and investigating the security breach. Q4: What are the advantages of external crypto custody for government agencies? External professional custodians provide specialized security expertise, institutional-grade protection protocols, insurance coverage, and dedicated infrastructure that most government agencies lack internally. Q5: How does South Korea’s approach compare to other countries managing seized cryptocurrency? Many advanced economies, including the United States and United Kingdom, already utilize partnerships with private sector specialists for cryptocurrency custody, recognizing that government agencies typically lack the specialized infrastructure required for optimal security. This post South Korea’s NTS Considers External Crypto Custody After Devastating $4.6 Million Theft first appeared on BitcoinWorld .
BitMine Immersion Technologies (BMNR), the largest corporate holder of Ethereum (ETH) worldwide, announced on Monday that it had made a significant new purchase of nearly 61,000 ETH. BitMine Holds 3.7% Of Total Ethereum Supply BitMine’s latest transaction, comprising 60,976 Ethereum tokens, marks the company’s largest weekly acquisition in terms of tokens so far in 2026. Following this acquisition, BitMine’s total ETH holdings have risen to 4.5 million tokens. Notably, BitMine now holds around 3.76% of the total Ethereum supply, positioning itself over 75% of the way toward its ambitious target dubbed the “Alchemy of 5%” within just eight months. Related Reading: Why A U.S. Court Says Binance Is Not (Yet) Liable for Terrorist Crypto Flows In addition to its cryptocurrency holdings, BitMine disclosed that it has 3,040,483 ETH staked, which is valued at approximately $6 billion based on an ETH price of $1,965 at the time of the company’s disclosure. The firm’s total assets, including cash and other cryptocurrencies, have reached $10.3 billion, comprising 4.535 million ETH tokens, $1.2 billion in cash holdings, and various other crypto assets. As Ethereum prices stabilize above the crucial $2,000 support level, CEO Tom Lee highlighted the resilience of ETH amidst rising geopolitical tensions and increasing oil prices. Final Stages Of ‘Mini-Crypto Winter’ Lee commented on the current market conditions, expressing confidence that crypto prices are entering the final stages of what he referred to as a “mini-crypto winter.” Ethereum prices showed resilience this week, in the face of rising war concerns and surging oil prices. We continue to believe that crypto prices are in the late/final stages of the ‘mini-crypto winter. Lee also noted that ETH price movements are tracking trends observed in the S&P 500 during the falls of 2011 and 1987. According to analyses from BitMine’s advisor, Tom DeMark of DeMark Analytics, these historical connections show correlations of up to 89% and 93% with the S&P 500’s behavior during those periods. The analyst also predicts that Ethereum prices are likely to reach their lowest point between 8 and 14 March, potentially dipping just below the recent low of $1,740. This could equate to a decline of around 14% from current trading prices. Related Reading: Expert Trader Shows ‘Simple Math’ To Calculate The Bitcoin Price Bottom Lee also added that BitMine’s strategy involves slightly increasing the pace of its ETH accumulation, enhancing its recent buying activity from an average of 45,000 to 50,000 ETH per week to the latest purchase of 60,976 ETH. On Monday, Ethereum experienced a 4% gain, allowing the token to reclaim the $2,000 mark after a brief dip below that key level over the weekend. Concurrently, BitMine’s stock, BMNR, also showed positive movement, trading at $20.70 per share at the time of writing, marking a significant 10% rally for the company. Featured image from OpenArt, chart from TradingView.com
Ripple’s cross-border token has joined the overall market resurgence over the past day, jumping by 4% and touching $1.40. What’s particularly interesting about this pump today is that it comes despite the substantial outflow from the spot XRP ETFs yesterday. Why Is XRP Up Today? XRP was rejected at nearly $1.50 last week when the entire crypto market rebounded after the US and Israel launched attacks against Iran. Alongside most altcoins and the market leader, XRP dumped to $1.35 in the following days and even slipped to $1.32 on Sunday when BTC dropped to $65,500. It reacted well to the latest correction and went on the offensive, especially in the past 12 hours or so. As of now, the token trades at just over $1.45 for the first time since last Friday. Perhaps a large portion of this jump today could be attributed to the aforementioned market-wide revival propelled by Trump’s remarks yesterday evening that the war with Iran is “very complete, pretty much.” Separately, today’s gains come just shortly after Ripple’s official channel on X outlined some of the major advancements in the Ripple Payments infrastructure, including over $100 billion in transactions, reaching more than 60 markets, and having 51 real-time rails. $100B+ processed. 60+ markets. 51 real-time rails. RLUSD at $1B market cap in under a year. Ripple Payments brings it all together: fiat, stablecoins, 75+ licenses, so businesses can move money globally without the patchwork: https://t.co/f5yXTWOPQk pic.twitter.com/1IpEci84d4 — Ripple (@Ripple) March 9, 2026 What’s Next? Analyst CW weighed in on XRP’s price performance, noting that long positions continue to “increase gradually,” adding that investors are “quietly preparing for a rise.” Fellow analyst CryptoWZRD explained that the asset had closed the previous daily candle indecisively, and added that Ripple’s coin needs “more positive sentiment from XRPBTC, which will help the move.” They said that positive territory would be visible once XRP reclaims the $1.4230 level; otherwise, it could face another price drop. XRP Daily Technical Outlook: $XRP closed indecisively. We need more positive sentiment from XRPBTC, which will help the move. Above $1.4230 is positive territory. Below that level, the market will decline further pic.twitter.com/0plZtDiFrD — CRYPTOWZRD (@cryptoWZRD_) March 10, 2026 XRP ETFs Bleed Again In contrast to the notable 4% gains charted today, the spot XRP ETFs have continued to see substantial withdrawals. Data from SoSoValue shows that investors pulled out a total of $18.11 million from the funds yesterday, the highest single-day net outflow since January 29. Last week also ended in the red , although it began on a strong note and the ETFs had recorded a 7-day green streak, which was broken on March 5. As of now, the cumulative net inflows have dropped to $1.22 billion from a recent peak of $1.26 billion. XRP ETF Flows. Source: SoSoValue The post Why Is XRP’s Price Up Today Despite Another Massive ETF Withdrawal? appeared first on CryptoPotato .
US Bitcoin ETFs added $167 million in inflows on Monday, while Ether, XRP and Solana funds saw three-day outflows despite a crypto market rebound.
Bhutan has reduced its national Bitcoin reserves with multiple large-scale transfers in 2026. Druk Holding and Investments coordinates these sales following Bitcoin mining fueled by hydropower. Continue Reading: Bhutan’s Discreet Bitcoin Sales Reveal Strategic Reserve Adjustment The post Bhutan’s Discreet Bitcoin Sales Reveal Strategic Reserve Adjustment appeared first on COINTURK NEWS .
BitcoinWorld Bitcoin Soars: BTC Price Surges Past $71,000 Milestone in Major Rally In a significant market movement observed globally on April 10, 2025, the price of Bitcoin (BTC) has surged above the $71,000 threshold, trading at $71,001 on the Binance USDT market. This milestone represents a pivotal moment for the flagship cryptocurrency, reigniting discussions about its market trajectory and underlying value drivers. Consequently, investors and analysts are closely monitoring the factors contributing to this upward momentum. Bitcoin Price Breaks Through $71,000 Barrier Market data from multiple exchanges, including Binance, confirms Bitcoin’s ascent. The digital asset traded firmly at $71,001, marking a robust recovery from recent consolidation phases. This price action follows a period of heightened volatility across global financial markets. Furthermore, trading volume has increased substantially, indicating strong buyer participation. The move past $71,000 is not an isolated event but part of a broader trend observed throughout the first quarter of 2025. Historical context provides crucial perspective. Bitcoin first approached these levels during its previous all-time high cycle. The current rally, however, demonstrates distinct characteristics. For instance, institutional adoption has created a more mature market structure. Regulatory developments in major economies also play a continuous role in shaping investor sentiment. The table below outlines key recent price levels for context: Date Price Level (USD) Significance Early March 2025 ~$68,500 Resistance Zone Late March 2025 ~$65,200 Support Test April 10, 2025 $71,001 New 2025 High Analyzing the Drivers Behind the Cryptocurrency Rally Several fundamental and technical factors converge to explain Bitcoin’s strength. Macroeconomic conditions remain a primary catalyst. Persistent inflation concerns in traditional economies often drive capital toward perceived stores of value like Bitcoin. Additionally, recent developments in Bitcoin Exchange-Traded Fund (ETF) flows show consistent net inflows, applying steady buying pressure on the underlying asset. On-chain data offers further evidence of a bullish structure. Key metrics to consider include: Network Activity: The number of active addresses remains high, signaling robust use. Holder Behavior: Long-term holders continue to accumulate, reducing available supply. Miner Health: Hash rate stability indicates network security and miner confidence. Market sentiment, as gauged by various fear and greed indices, has shifted from neutral to greedy. This shift typically accompanies strong price advances. However, it also serves as a cautionary indicator for potential short-term volatility. Expert Perspectives on Market Sustainability Financial analysts emphasize the role of institutional adoption. Large asset managers now routinely allocate a small percentage of portfolios to digital assets. This trend creates a more stable demand base compared to previous cycles driven mainly by retail speculation. Banking sector integration of blockchain services also adds legitimacy and utility to the ecosystem. Technological advancements contribute to the positive outlook. Upgrades to the Bitcoin network, such as improvements to its Layer-2 scaling solutions, enhance its functionality for transactions. These improvements address previous criticisms regarding speed and cost, potentially broadening its use cases beyond a pure investment asset. Comparative Performance and Market Impact Bitcoin’s performance often sets the tone for the wider digital asset market. In this instance, the rally has had a positive knock-on effect. Major altcoins like Ethereum (ETH) have also posted gains, though typically with higher beta, meaning they are more volatile. The total cryptocurrency market capitalization has increased in tandem, reflecting renewed investor interest across the board. The impact extends beyond crypto-native markets. Traditional finance media outlets are covering the milestone extensively. Furthermore, corporate treasury strategies are once again evaluating Bitcoin as a potential hedge. Public companies that hold Bitcoin on their balance sheets have seen corresponding unrealized gains, which can positively affect their quarterly financial statements. Regulatory Environment and Future Trajectory The current regulatory landscape presents a mixed but evolving picture. Several jurisdictions have moved toward clearer frameworks for digital asset classification and taxation. This clarity reduces uncertainty for institutional investors. Conversely, other regions maintain a cautious or restrictive stance, which can create regional market fragmentation. Looking ahead, several events could influence Bitcoin’s price trajectory. The upcoming Bitcoin halving, scheduled for 2028, remains a long-term focal point for supply dynamics. In the nearer term, decisions by central banks on interest rates will significantly impact liquidity conditions. Global geopolitical tensions also continue to influence capital flows into decentralized, borderless assets. Conclusion Bitcoin’s rise above $71,000 marks a significant chapter in its market evolution. This achievement stems from a confluence of institutional adoption, macroeconomic factors, and sustained network development. While short-term volatility is inherent to cryptocurrency markets, the breach of this level underscores Bitcoin’s resilience and growing integration into the global financial system. The Bitcoin price action will continue to be a key indicator for the broader digital asset class, watched closely by traders, long-term holders, and financial institutions worldwide. FAQs Q1: What caused Bitcoin to rise above $71,000? The rally is attributed to several factors, including sustained institutional investment through ETFs, macroeconomic uncertainty driving demand for alternative assets, and positive on-chain metrics indicating strong holder conviction. Q2: Is this a new all-time high for Bitcoin? While a significant 2025 high, the price is approaching but has not yet surpassed the absolute all-time high recorded in late 2021. The current movement represents a strong recovery and consolidation at elevated levels. Q3: How does this price action affect other cryptocurrencies? Bitcoin often leads the market. Its strong performance typically boosts sentiment across the crypto sector, leading to gains in major altcoins, though the degree of correlation can vary. Q4: What are the risks after such a rapid price increase? Key risks include potential profit-taking by short-term traders, leading to pullbacks, increased volatility, and sensitivity to broader macroeconomic news or regulatory announcements that could dampen sentiment. Q5: Where can investors find reliable Bitcoin price data? Investors should consult multiple reputable sources, including major cryptocurrency exchanges like Binance and Coinbase, as well as established financial data aggregators that provide volume-weighted average prices across several platforms to ensure accuracy. This post Bitcoin Soars: BTC Price Surges Past $71,000 Milestone in Major Rally first appeared on BitcoinWorld .
Federal prosecutors in Manhattan are seeking a second trial for Tornado Cash co-founder Roman Storm after a jury last year failed to reach a unanimous verdict on two of the charges brought against him. In a letter submitted Monday to US District Judge Katherine Polk Failla in the Southern District of New York, prosecutors asked the court to schedule a retrial on charges of conspiracy to commit money laundering and conspiracy to violate US sanctions. The request was made by US Attorney for Manhattan Jay Clayton, who said the government intends to retry Storm on Counts One and Three of the superseding indictment. Prosecutors proposed beginning the proceedings on or about Oct. 5 or Oct. 12, with the trial expected to run for roughly three weeks. According to the filing, the government would have been prepared to retry the case earlier in the year, between March and May, but Storm’s legal team indicated they would not be available until late 2026. Storm’s trail reaches an impasse Storm helped develop Tornado Cash, a non-custodial cryptocurrency mixing protocol that US authorities have accused of facilitating the laundering of more than $1 billion in illicit funds. In August, following a four-week trial in Manhattan, a jury convicted him of conspiring to operate an unlicensed money transmitting business. Jurors, however, were unable to agree on the two additional conspiracy charges tied to money laundering and sanctions violations, prompting the court to declare a mistrial on those counts. Because the jury did not reach a unanimous decision, prosecutors are legally permitted to retry the unresolved charges before a new jury. The government’s filing estimates that the retrial would take about three weeks to complete. The Justice Department acknowledged in its letter that Storm currently has a pending Rule 29 motion seeking a judgment of acquittal on the money transmitting conviction, which is scheduled to be argued on April 9. Prosecutors nonetheless asked the court to set a retrial date in advance, arguing that doing so could prevent further scheduling conflicts and delays. Storm’s defence team has pushed back on the idea of fixing a new trial date before the motion is resolved, telling prosecutors that doing so would be premature while the court is still considering whether the earlier conviction should stand. Public reaction to the retrial request has been swift within parts of the crypto industry. Miller Whitehouse Levine, chief executive of the Solana Policy Institute , described the government’s move as “depressing” in a post on X. Storm himself also responded on social media, arguing that the government is attempting to pursue a different outcome after the first jury failed to agree on the more serious charges. “The 2 counts = up to 40 years in federal prison. For writing open source code. For a protocol I don't control. For transactions I never touched. A jury already couldn't agree this was criminal. But the SDNY prosecutors want to keep trying with the hope of getting a different answer,” Storm wrote on X . If a future jury were to convict Storm on both charges, the combined statutory maximum sentence could reach 40 years in federal prison. The court has not yet ruled on the government’s request to schedule the retrial, and the outcome of Storm’s pending acquittal motion could influence how the case proceeds in the coming months. The post US prosecutors seek October retrial for Tornado Cash’s Roman Storm appeared first on Invezz
SharpLink reported a $734 million loss, mainly due to Ethereum market swings. The company holds over 867,000 ETH, making it a top public Ethereum owner globally. Continue Reading: SharpLink Posts $734 Million Loss as Ethereum Holdings Roil Annual Report The post SharpLink Posts $734 Million Loss as Ethereum Holdings Roil Annual Report appeared first on COINTURK NEWS .