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Latest headlines from Coindesk.

Nigeria's SEC Proposes 400% Increase to Crypto Firm Registration Fees

The regulator proposed increases to all supervision fees as the country cracks down on the crypto industry.

https://www.coindesk.com/policy/2024/03/18/nigerias-sec-proposes-400-increase-to-crypto-firm-registration-fees/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Reddit Community Token MOON Hits Record High Ahead of Celer's Multidirectional Bridge Launch

From March 20, interoperability protocol Celer will allow MOON holders to move coins to Arbitrum One.

https://www.coindesk.com/markets/2024/03/18/reddit-community-token-moon-hits-record-high-ahead-of-celers-multidirectional-bridge-launch/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

SOL Crosses $200 as Meme Coin Frenzy Bumps Demand for Solana Network

Scores of newly issued tokens boast trading volumes of tens of millions, showcasing network usage and demand for blockspace.

https://www.coindesk.com/tech/2024/03/18/sol-crosses-200-as-meme-coin-frenzy-bumps-demand-for-solana-network/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

SOL, BOME Trend on Social Media as Ether, Bitcoin Lag

Increased crowd chatter may be a sign of an impending retail investor frenzy.

https://www.coindesk.com/markets/2024/03/18/sol-bome-trend-on-social-media-as-ether-bitcoin-lag/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Indonesia’s Crypto Market Booms as Transactions Hit $1.92B in February

The country's registered crypto investors also surged to 19 million users last month.

https://www.coindesk.com/markets/2024/03/18/indonesias-crypto-market-booms-as-transactions-hit-192b-in-february/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Back Above $67K as Memecoins Push up SOL and AVAX

Memecoins soared past $55 billion in market cap, up 11% as traders doubled down on SHIB, WIF, BONK, and newcomer CORGIAI

https://www.coindesk.com/markets/2024/03/18/bitcoin-back-above-67k-as-memecoins-push-up-sol-and-avax/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Prediction Market Kalshi to Take Bets on Crypto (Settled in Dollars)

The CFTC-regulated platform will let traders bet on whether BTC will outperform ETH this year and other price outcomes amid renewed interest in both crypto and prediction markets.

https://www.coindesk.com/business/2024/03/12/prediction-market-kalshi-to-take-bets-on-crypto-settled-in-dollars/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says

Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges t...

https://www.coindesk.com/policy/2024/03/15/sam-bankman-fried-should-spend-40-50-years-in-prison-doj-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Meme Coins Going Legit Is the Worst Thing for Meme Coins

Institutions like Franklin Templeton are taking meme coins increasingly seriously this cycle. But will these joke-y projects run afoul of regulators?

https://www.coindesk.com/consensus-magazine/2024/03/15/meme-coins-going-legit-is-the-worst-thing-for-meme-coins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo

In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.

https://www.coindesk.com/markets/2024/03/15/billion-dollar-volumes-and-then-a-steep-drop-prompts-allegations-of-wash-trading-on-aevo/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

What Happens Next in COPA vs Craig Wright Trial is Down to the Judge

The Crypto Open Patent Alliance is seeking several court injunctions from Wright.

https://www.coindesk.com/policy/2024/03/15/what-happens-next-in-copa-vs-craig-wright-trial-is-down-to-the-judge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Blockchains Will Upend Economies of Scale

The tokenization of industrial processes will produce a revolution in competition between companies of different sizes, says Paul Brody, head of blockchain at EY.

https://www.coindesk.com/consensus-magazine/2024/03/15/blockchains-will-upend-economies-of-scale/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Cosmos-Based Canto Blockchain Unveils ‘Cyclone Stack’ in Runup to Polygon Move

The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain.

https://www.coindesk.com/tech/2024/03/15/cosmos-based-canto-blockchain-unveils-cyclone-stack-in-runup-to-polygon-move/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Say

The bank raised its price target for the crypto exchange to $150 from $95.

https://www.coindesk.com/business/2024/03/15/ether-could-be-a-meaningful-earnings-driver-for-coinbase-jpmorgan-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Michael Saylor's MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin

The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering.

https://www.coindesk.com/markets/2024/03/15/michael-saylors-microstrategy-prices-upsized-525m-debt-offering-to-buy-more-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: El Salvador Holds More BTC Than Expected

The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/03/15/first-mover-americas-el-salvador-holds-more-btc-than-expected/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Trader Sees Prices Slumping to $60K as Crypto Bulls See $650M in Liquidations

The CoinDesk 20, a broad-based index of the most liquid crypto tokens, was down 8.25%.

https://www.coindesk.com/markets/2024/03/15/bitcoin-trader-sees-prices-slumping-to-60k-as-crypto-bulls-see-650m-in-liquidations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hong Kong Regulator Says Crypto Exchange MEXC Has Been Operating Without a License

Last year, regulators in Japan and Germany also alerted consumers the exchange was unlicensed.

https://www.coindesk.com/policy/2024/03/15/hong-kong-regulator-says-crypto-exchange-mexc-has-been-operating-without-a-license/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance Spun Off Venture Capital Arm Earlier This Year: Bloomberg

Binance Labs now has a disclaimer on its website describing it as "an independent venture and not part of the Binance Group."

https://www.coindesk.com/business/2024/03/15/binance-spun-off-venture-capital-arm-earlier-this-year-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Gold Investors Aren't Switching Into Bitcoin, JPMorgan Says

Outflows from gold exchange-traded funds and a surge in bitcoin ETF inflows fueled speculation investors were shifting from the precious metal into the cryptocurrency.

https://www.coindesk.com/markets/2024/03/15/gold-investors-arent-switching-into-bitcoin-jpmorgan-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines