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Today's Crypto and Bitcoin News

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Saturday
2025/04
  • Trump Tariffs Shake Markets as RLUSD Adoption Surges 87%, HBAR Joins TikTok Bid: Apr 3

    The global crypto market cap fell 1.40% to $2.68 trillion as fear gripped investors, with the Crypto Fear and Greed Index plunging to 25 (Extreme Fear). Meanwhile, stablecoin drama erupted after Justin Sun’s claims caused FDUSD to depeg, Ripple's RLUSD surged, the HBAR Foundation joined a high-profile bid for TikTok, and President Trump's new tariffs introduced uncertainty into the crypto market.​ Quick Take Crypto market cap drops to $2.68T, while daily trading volume surges 65.41% to $129.81B. FDUSD depegged after insolvency accusations by Justin Sun, sparking legal threats from First Digital. Ripple’s RLUSD stablecoin hit $244M market cap, growing 87% in a month amid adoption by major platforms. HBAR Foundation and Zoop filed a bid to acquire TikTok’s U.S. operations amid upcoming regulatory deadline. President Trump's announcement of new tariffs introduces potential volatility and uncertainty into the crypto market. Crypto Market Overview The global crypto market fell 1.40% in the past 24 hours to $2.68 trillion, as market sentiment shifted rapidly following macroeconomic announcements and stablecoin volatility. Despite the downturn, overall trading activity surged, with the total 24-hour market volume climbing 65.41% to $129.81 billion.​   Crypto Fear & Greed Index | Source: Alternative.me   Stablecoins dominated the trading landscape, accounting for 96.86% of total volume ($125.74B), while DeFi protocols contributed $7.74B. Bitcoin's dominance increased slightly to 61.87%, and the Crypto Fear and Greed Index slid into “Extreme Fear” territory at 25, down from yesterday’s 44.​   Crypto Market Developments: Latest News and Updates The U.S. political landscape jolted crypto markets after President Donald Trump announced sweeping tariffs, including a 10% blanket levy on imports and a 25% tariff on foreign automobiles. Bitcoin (BTC) saw brief upward momentum during Trump’s Rose Garden speech but later retreated to $86,000.​   BTC/USDT price chart | Source: KuCoin   Circle, the issuer of USDC, filed for a long-anticipated IPO on April 1 under the ticker “CRCL.” The firm reported $1.67 billion in 2024 revenue, up 16% year-over-year, though its net income declined nearly 42% to $155.6 million. Over 99% of its income came from yield-bearing Treasury bills backing its stablecoin.​   Investment firm VanEck filed to create a Delaware trust for a possible BNB ETF, signaling growing institutional interest in non-Bitcoin crypto assets.​   President Trump's Tariffs and Potential Impact on the Crypto Market Crypto market cap dips under $2.7 trillion after Trump’s reciprocal tariffs | Source: Coinmarketcap   On April 2, President Donald Trump announced a series of sweeping tariffs, including a 10% baseline tariff on all imports and higher rates for specific countries—34% on China, 20% on the European Union, and 24% on Japan. Additionally, a 25% tariff on all foreign-made automobiles was introduced, set to take effect at midnight on April 3.   The immediate market reaction was negative, with U.S. stock-index futures declining between 2% and 3.3% in after-hours trading. Bitcoin's price experienced volatility, initially rising during the announcement but later retreating to around $86,000 and then to $83,000 early on Thursday.   Analysts have mixed views on the long-term impact of these tariffs on the crypto market. Some suggest that while short-term pressures may lead to market instability, the weakening of the U.S. dollar due to trade tensions could position cryptocurrencies like Bitcoin as attractive alternative assets. Conversely, heightened economic uncertainty might drive investors toward traditional safe-haven assets, potentially.    Ripple’s Stablecoin RLUSD Sees 87% Monthly Growth Ripple USD (RLUSD) market cap | Source: Coinmarketcap   Ripple's stablecoin RLUSD is seeing rapid adoption across the cross-border payments industry. Ripple announced that RLUSD is now integrated into Ripple Payments, its global payments solution.​   RLUSD’s market cap surged to $244 million — an 87% increase in just one month — with $860 million in transfer volume. The token is backed by short-term U.S. Treasuries and recently listed on Kraken, LMAX, and Bitstamp. Ripple said RLUSD’s adoption is outpacing internal projections, with NGO collaborations underway for aid distribution use cases.​   Read more: What Is RLUSD? A Comprehensive Guide to Ripple's Stablecoin and Its Impact on XRP   HBAR Foundation Joins Bid for TikTok Amid U.S. Ban Threat The HBAR Foundation, in partnership with Zoop (founded by OnlyFans’ creator), has entered the bidding war to acquire TikTok’s U.S. operations. Their proposal comes as a U.S. law mandates ByteDance to divest TikTok by April 5 or face a ban.​   According to Zoop co-founder RJ Phillips, the bid is designed to create “a new paradigm” where creators and communities benefit more directly. The HBAR Foundation, aligned with the Hedera network, supports blockchain adoption in social platforms and views the TikTok bid as a strategic move to bring social media “on-chain.”​   Read more: Hedera (HBAR) Project Report   FDUSD Depeg Drama Unfolds Amid Justin Sun’s Allegations FDUSD depegged from the US dollar on 2 April | Source: Coinmarketcap   On April 2, FDUSD, the U.S. dollar-pegged stablecoin issued by First Digital, fell below its $1 peg after Tron founder Justin Sun publicly alleged that First Digital is insolvent. The token briefly traded at $0.9952.​   First Digital denied Sun’s claims, labeling them a “smear campaign” and promising legal action. The issuer clarified that its dispute is with TrueUSD (TUSD), not FDUSD, and reaffirmed that every FDUSD token is fully backed by U.S. Treasury Bills. Proof-of-reserve concerns were reignited in the community, highlighting the need for real-time, on-chain transparency in stablecoin audits.​   Read more: USDT vs. USDC: Differences and Similarities to Know in 2025   Conclusion Today’s market movements reveal a highly volatile crypto landscape shaped by global politics, institutional interest, and stablecoin reliability. While fear is palpable and price volatility continues, developments like Ripple’s RLUSD integration, Circle’s IPO plans, and the HBAR-TikTok bid reflect an ecosystem still building despite uncertainty. Investors are watching closely as the next wave of regulation, innovation, and adoption reshapes the industry in real-time.

  • 1-Min Market Brief_20250403

      Key Takeaways Market Environment: U.S. ADP employment rose more than expected in March, pushing U.S. stocks and Bitcoin higher ahead of Trump's tariff announcement. Trump's speech began by indicating a 10% baseline tariff, and the market assumed all reciprocal tariffs would be 10%, with risk assets all trending higher, with Bitcoin even spiking to $88,000 at one point. However, market sentiment took a sharp turn for the worse when specific tariff charts showed tariffs far exceeding expectations. U.S. stocks dived after the bell and Bitcoin fell to near $82,000. Crypto market sentiment has turned to extreme fear once again, with Bitcoin dominance on a 6-gain streak and no hot trends in the torrents. Market Highlights: Justin Sun claimed that FDUSD's issuer was insolvent, causing FDUSD to depeg to $0.87. Binance and FDUSD’s issuer refuted this, stating they maintain full solvency backed by audit reports, leading to a partial recovery in FDUSD’s peg. The conflicting narratives sparked market turmoil.   Major Assets Changes Index Value % Change S&P 500 5,670.98 +0.67% NASDAQ 19,581.78 +0.75% BTC 82,513.40 -3.10% ETH 1,794.92 -5.79%   Crypto Fear & Greed Index: 25 (44 a day earlier), indicating "Extreme Fear."   Macro Economy Trump declared a national emergency, imposing comprehensive tariffs with a 10% "baseline minimum tariff," while higher rates apply to nations with the largest trade deficits with the U.S. White House: Baseline tariffs take effect at midnight on April 5, with reciprocal tariffs following at midnight on April 9. U.S. March ADP employment: Increased by 155K, surpassing prior and forecasted figures.   Industry Highlights Fidelity launched a retirement plan allowing direct crypto investments (BTC, ETH, LTC). VanEck registered a BNB ETF in Delaware. Franklin Templeton plans to introduce Bitcoin and crypto ETPs in Europe. Galaxy Digital secured a U.K. derivatives trading license. CoinDesk reported: CoinDesk Article: Sun Yuchen Fills $456 Million Funding Shortfall for TUSD; Justin Sun Posts Article Saying FDUSD Issuer Is Insolvent, Unable to Meet Redemption Obligations and Suspected of Fraud, Calls on Hong Kong Regulators to Take Decisive Measures; FDUSD Rapidly Drops Off Anchor to 0.883; FDUSD Issuer Responds, Says Justin Sun Posted False Statements. Company has full solvency; Binance releases FDUSD audit report confirming full support by 1:1 USD BNB Chain announced: KILO, MUBARAK, BROCCOLI714, TUT, and BANANAS31 as the first winners of its $100M liquidity incentive program. Circle paid Binance $60.25M for a two-year USDC promotion deal, contingent on Binance holding ≥1.5B USDC. DTCC unveiled a blockchain collateral platform, accelerating financial tokenization. Indian listed firm Jerking’s board approved fundraising to purchase Bitcoin.   Project Highlights BIGTIME (+16%): Listed on Binance’s second "Vote-to-List" round. BANANAS31 (+10%): Awarded BNB Chain liquidity incentives. W (+8%): Unusual pre-unlock rally; on April 3, 47.4% of W’s circulating supply (~$117M) unlocks.   Weekly Outlook April 3: U.S. March S&P Global Services PMI (final); U.S. March ISM Non-Manufacturing PMI; W token unlock (47.4% of circulating supply, ~$117M). April 4: U.S. March Nonfarm Payrolls; Fed Chair Powell’s speech. April 6–9: 2025 Hong Kong Web3 Carnival.   Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

  • Circle Files for IPO: $1.68B Revenue, $156M Net Income, and a $5B Valuation Amidst a $60B USDC Market

    Circle, the issuer of USDC, has filed for an IPO on the NYSE under the ticker “CRCL,” reporting $1.68 billion in revenue and $156 million in net income for 2024 despite rising distribution costs and margin pressures. The filing, targeting a valuation of up to $5 billion, marks a pivotal moment in the crypto market as the company leverages its $60 billion USDC circulation to challenge Tether’s market dominance.   Quick Take Circle has filed to go public on the NYSE under “CRCL,” marking its second attempt after earlier setbacks. The company reported $1.68 billion in revenue for 2024—a 16% increase year-over-year—largely driven by its stablecoin reserves. Despite revenue growth, net income dropped by 42% to $156 million due to high distribution costs and operational expenses. With USDC’s circulation at approximately $60 billion, Circle’s IPO could intensify competition with Tether and enhance institutional trust in stablecoins. A successful IPO may provide the capital needed for Circle to expand its offerings in both decentralized finance and traditional financial services. Circle’s Bold IPO Move and Market Position with $1.68B Revenue Circle’s recent SEC filing has set the stage for its highly anticipated public debut. With plans to list on the New York Stock Exchange under “CRCL,” the stablecoin giant is positioning itself not only to secure fresh capital but also to enhance its competitive edge in a market where transparency and regulatory compliance are increasingly prized. The filing comes on the heels of previous attempts, including a SPAC merger in 2021, highlighting Circle’s persistence amid evolving market conditions.   Circle’s financials | Source: SEC   In its filing, Circle reported a revenue of $1.68 billion for 2024—a 16% increase from the previous year—largely driven by its stablecoin reserves, which accounted for over 99% of its income. However, the company’s net income fell by 42% to $156 million, reflecting significant challenges such as high distribution costs (nearly $908 million paid to partners like Coinbase) and increased operational expenses. This duality of robust revenue growth amid shrinking margins underscores both the opportunity and the risk inherent in Circle’s business model.   Read more: USDT vs. USDC: Differences and Similarities to Know in 2025   Circle IPO’s Implications for the Stablecoin Market and Crypto Regulation Circle’s IPO is expected to have far-reaching effects on the stablecoin landscape. USDC, the second-largest stablecoin by market capitalization with around $60 billion in circulation, now stands poised to challenge Tether’s dominance, which currently holds approximately 70% of the market share. As stablecoin regulations tighten and the traditional finance world takes a keener interest in digital assets, Circle’s move could catalyze broader institutional adoption and spark intensified competition among leading crypto firms.   Circle’s public debut is more than a financial milestone—it represents a significant step toward integrating the crypto market with mainstream financial systems. As the company navigates its IPO and addresses the inherent challenges of a competitive, rapidly growing market, industry watchers will be keenly observing its next moves in reshaping both the stablecoin market and the broader landscape of crypto regulation.   Read more: Circle Files for IPO, Grayscale Eyes ETF Conversion, Bitcoin at $84K, and Crypto Market Cap Crosses $2.7T: Apr 2

  • 1-Min Market Brief_20250402

      Key Takeaways Market Environment: On the day before the tariff announcement, data performance remained weak, with the labor market cooling and the U.S. ISM Manufacturing Index contracting for the first time this year. U.S. stocks opened lower but closed higher, driven by a rebound in tech stocks. Bitcoin mirrored the stock market rally, briefly surpassing $85,500. Bitcoin dominance extended its gains for the fifth consecutive day, while altcoin market sentiment remained sluggish. Market Highlights: a. Binance adjusted leverage and position tiers for ACT, SATS, PNUT, and other contracts, triggering stop-losses or capitulation among some large holders. ACT plummeted over 60%, sparking heated market discussions. b. Circle spent $210 million to acquire Coinbase' s stake in Centre Consortium, becoming the sole issuer of USDC.     Major Assets Changes Index Value  % Change S&P 500 5,633.06 +0.38% NASDAQ 19,436.42 +0.82% BTC 85,152.70 +3.16% ETH 1,905.15 +4.55% Yesterday' s Crypto Fear & Greed Index: 44 (34 a day earlier), indicating "Fear."   Macro Economy U.S. Treasury Secretary: The tariffs announced on Wednesday are set at the highest level, after which countries may take steps to reduce them. U.S. March ISM Manufacturing PMI: 49, below previous and expected figures. Reserve Bank of Australia: Kept interest rates unchanged, pausing rate-cut plans.   Industry Highlights U.S. SEC Crypto Special Unit: Plans to hold four additional meetings in the first half of this year, covering regulatory rules, custody, on-chain asset tokenization, and DeFi. BlackRock: Approved by the U.K. Financial Conduct Authority (FCA) to register as a crypto company. European Regulators: Warned that relaxed U.S. crypto regulations could increase risks in traditional finance. Circle: Filed for an IPO, planning to list on the NYSE. Circle: Spent $210 million to acquire Coinbase’s stake in Centre Consortium, becoming the sole issuer of USDC. Backpack: Completed the acquisition of FTX EU and will initiate user fund repayments. GameStop: Raised $1.5 billion to accumulate BTC.   Project Highlights COMP: Upbit' s KRW market added a COMP trading pair, causing COMP' s price to surge nearly 100% briefly. GHIBLI: Sam Altman shared another AI-generated image themed around Ghibli. Binance: Adjusted leverage and position tiers for ACT, SATS, PNUT, and other contracts, triggering cascading liquidations and sell-offs. Related tokens declined, with ACT dropping over 60%. VANA: Announced the launch of the VRC-20 data token standard.   Weekly Outlook April 2: Reciprocal tariffs take effect; U.S. March ADP employment data. April 3: U.S. March S&P Global Services PMI final reading; U.S. March ISM Non-Manufacturing PMI; W token unlock (47.4% of circulating supply, ~$117 million). April 4: U.S. March Nonfarm Payrolls report; Fed Chair Powell’s speech. April 6–9: 2025 Hong Kong Web3 Carnival.   Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.                                    

  • Circle Files for IPO, Grayscale Eyes ETF Conversion, Bitcoin at $84K, and Crypto Market Cap Crosses $2.7T: Apr 2

    The crypto market has reached a global cap of $2.73 trillion with stablecoins dominating 94.51% of the 24-hour volume, as Circle and Grayscale make significant moves with an IPO filing and an ETF conversion, respectively. Despite Bitcoin’s dominance at 61.82%, Ethereum faces challenges with blob fee revenue plunging over 73% in recent weeks, signaling a period of mixed sentiment in the market.   Quick Take The global crypto market cap is $2.73T, up 2.37% in one day, with stablecoins accounting for 94.51% of the $77.81B 24-hour volume. Circle has filed for an IPO on the NYSE under the ticker “CRCL,” highlighting its robust stablecoin revenue model. Grayscale is pushing for an ETF conversion with over $600 million in assets under management, reflecting evolving investment trends. American Bitcoin Corp. is pursuing an IPO amid strategic restructuring with Hut 8, signaling a diversification trend among Bitcoin miners. Bitcoin continues to show resilience with a dominance of 61.82%, while Ethereum’s revenue challenges indicate potential near-term technical adjustments. The global crypto market has seen a healthy growth spurt, reaching a cap of $2.73 trillion—a 2.37% increase in just one day. Despite a minor decline of 0.28% in the overall 24-hour volume, which stands at $77.81 billion, the market displays robust liquidity with stablecoins playing a pivotal role. The Crypto Fear and Greed Index has improved to 44 on Wednesday, up from Tuesday’s 34; however, it still indicates a sentiment of Fear among crypto investors.    Crypto Fear & Greed Index | Source: Alternative.me   Stablecoins now account for a staggering 94.51% of daily trading volume, amounting to $73.54 billion, while decentralized finance (DeFi) contributes 7.07% with a total volume of $5.5 billion. Bitcoin’s market dominance has inched up to 61.82%, reinforcing its position as a cornerstone in the crypto market.   Crypto Market’s Regulatory Shifts, Macroeconomic Pressures, and Strategic Moves Recent news highlights a period of significant change driven by both internal market dynamics and external macroeconomic pressures. On the macroeconomic front, the U.S. Treasury Secretary noted that the tariffs announced on Wednesday are at their highest level, with countries expected to take subsequent steps to lower them. Additionally, the March ISM manufacturing PMI in the United States came in at 49—lower than both the previous value and market expectations—while the Reserve Bank of Australia (RBA) maintained current interest rates, pausing further rate cuts.   In the realm of compliance, the SEC Cryptocurrency Task Force is set to hold four additional meetings in the first half of the year to discuss topics ranging from regulatory rules and custody to the tokenization of on-chain assets and DeFi. Meanwhile, BlackRock has received approval from the UK's Financial Conduct Authority to register as a cryptocurrency company, even as European regulators warn that the deregulation of cryptocurrencies in the United States could increase risks for traditional finance.   Industry hotspots continue to make headlines as well. Circle has submitted an IPO application for a listing on the New York Stock Exchange and spent $210 million to acquire Coinbase's stake in the Centre Consortium, establishing itself as the sole issuer of USDC. In parallel, Backpack has completed the acquisition of FTX EU and is beginning the process of returning user funds, and GameStop has successfully raised $1.5 billion to reserve Bitcoin. These developments illustrate how strategic moves and regulatory initiatives are shaping the crypto market.   Stablecoin Giant Circle Files for IPO with Robust Figures Circle Internet Group, the force behind the USDC stablecoin, has taken a historic step by filing an S-1 registration with the SEC for an IPO on the New York Stock Exchange under the ticker “CRCL.” The company reported $1.67 billion in revenue for 2024—a 16% year-on-year increase—while its net income declined by 41.8% compared to 2023.    Circle’s financial statements | Source: SEC   Over 99% of Circle’s revenue stems from its stablecoin reserves, which not only underscores its dominant market position but also reflects its strategic reliance on yield-bearing assets like Treasury bills. This move is anticipated to further solidify Circle’s influence in the crypto ecosystem as it continues to leverage its vast reserve income and digital asset holdings.   Read more: USDT vs. USDC: Differences and Similarities to Know in 2025   Grayscale Moves Forward with ETF Ambitions and $600M+ in Assets Grayscale Digital Large Cap Fund LLC filing | Source: SEC   Asset manager Grayscale is making strides in transforming its Digital Large Cap Fund into an ETF, as evidenced by its recent S-3 regulatory filing with the SEC. The fund, which currently manages more than $600 million in assets, holds a diversified portfolio that includes major cryptocurrencies like Bitcoin, Ether, Solana, XRP, and Cardano.    This strategic initiative not only reflects Grayscale’s commitment to expanding its product offerings but also aligns with the broader market trend of institutional investors seeking regulated, diversified crypto investment products. The ETF conversion could potentially broaden the fund’s accessibility, tapping into a wider range of investors and driving further growth in the digital asset management space.   Trump Family Backed Crypto Mining Firm Explores Strategic Restructuring and IPO Plans American Bitcoin Corp., a crypto mining operation backed by the Trump family and recently restructured following Hut 8’s acquisition of a majority stake, is now mulling an IPO as part of its capital-raising strategy. The integration of Bitcoin mining operations with high-performance computing infrastructures signals a broader industry trend where miners diversify into alternative revenue streams.    This strategic move aims to create a vertically integrated entity, enhancing operational efficiency and ensuring more predictable financing conditions. As Bitcoin mining revenues face increasing pressure, the company’s pivot toward new business lines reflects a proactive approach to navigating the dynamic crypto landscape.    Bitcoin Maintains Key Levels Amid Geopolitical and Economic Pressures BTC/USDT price chart | Source: KuCoin   Bitcoin’s performance continues to stand out in a volatile market, maintaining its dominance at 61.82%. Despite facing macroeconomic challenges such as trade tensions and inflationary trends, Bitcoin has remained resilient due to strategic institutional accumulations and robust network fundamentals.    Its price stability above critical support levels, even amidst regulatory and geopolitical headwinds, reaffirms Bitcoin’s role as the market’s stabilizing force. The ongoing support from large-scale buyers and strategic portfolios indicates that Bitcoin will likely continue to underpin the broader crypto market during periods of uncertainty.   Ethereum’s Revenue Challenges and Technical Adjustments Ethereum blob fees touch 3.18 ETH | Source: Etherscan   Ethereum, on the other hand, is experiencing a mix of technical and revenue challenges. The network’s blob fee revenue has dropped by over 73% from the previous week, marking a significant decline from earlier performance levels—a move attributed to post-Dencun adjustments that shifted layer-2 transaction data handling.    ETH/BTC price chart | Source: KuCoin   Furthermore, technical indicators such as four consecutive red monthly candles and a five-year low in the ETH/BTC ratio suggest that Ethereum may be nearing a short-term bottom. Analysts remain cautiously optimistic, however, noting that historical trends have shown a rebound following periods of consolidation. The future performance of Ethereum will largely depend on the success of upcoming upgrades and the network’s ability to adapt to new scaling solutions.   Conclusion The current state of the crypto market is marked by significant strategic moves and evolving technical dynamics. Circle’s IPO filing and Grayscale’s ETF conversion represent critical steps for institutionalization in the crypto space, while American Bitcoin Corp.'s restructuring indicates a broader diversification trend among miners. Meanwhile, Bitcoin’s consistent dominance contrasts with Ethereum’s challenges in fee revenue generation, reflecting the differing trajectories of leading cryptocurrencies. As the regulatory landscape and investor sentiment continue to evolve, these developments underscore the importance of adapting strategies in an increasingly competitive environment.   Read more: Bitcoin at 61.38% Dominance, Ethereum Dips Near $1,835, and XRP Corrects by 40%

  • What are Ethereum Privacy Pools by 0xbow: A New Era of Compliant On-Chain Privacy?

    0xbow has launched Privacy Pools on Ethereum, a cutting-edge privacy tool that has already processed over 21 ETH through 69 deposits, including an inaugural deposit from Ethereum co-founder Vitalik Buterin. This innovative mixnet system leverages zero-knowledge proofs and Association Set Providers to ensure that only “clean” funds are transacted, setting a new standard for regulatory-compliant on-chain privacy.   Quick Take 0xbow's Privacy Pools leverage zero-knowledge proofs to offer robust on-chain privacy. Association Set Providers ensure only compliant, "clean" funds participate in the privacy pool. Over 21 ETH in deposits from 69 transactions, including a key deposit by Vitalik Buterin, signal strong early adoption. Initial deposit limits are capped at 1 ETH, with potential increases as the system is refined. High-profile investments and academic research underpin the project’s credibility and future growth. Privacy Pools on Ethereum: A New Chapter for Blockchain Privacy 0xbow, an emerging leader in privacy-focused blockchain infrastructure, unveiled its Privacy Pools on the Ethereum mainnet on March 31, 2025. Drawing inspiration from a research paper co-authored by Vitalik Buterin and other notable security experts in 2023, the protocol is designed to balance robust privacy features with the strict regulatory compliance demanded by today's financial environment.   Source: X   How Privacy Pools Work: The Technology Behind the Tool Zero-Knowledge Proofs & Association Set Providers Privacy Pools utilize zero-knowledge proofs to enable private ERC-20 token transfers, ensuring that users can deposit and withdraw funds without revealing transaction details. The process is bolstered by Association Set Providers (ASPs)—gatekeeper mechanisms that batch transactions while screening out illicit funds. If a deposit is later flagged, a “ragequit” function allows users to reclaim their funds without impacting the rest of the pool.   Read more: Top 7 ERC-20 Wallets of 2025: Store and Manage Your Ethereum Tokens   Privacy Pools vs. Tornado Cash Unlike previous mixers like Tornado Cash, which faced sanctions for facilitating unlawful transactions, Privacy Pools are designed with regulatory compliance in mind. By maintaining dynamic association sets that can be updated if any transaction is deemed linked to nefarious activities, the protocol enables users to preserve their privacy while keeping a clear separation from funds associated with criminal behavior.   Key Figures & Early Adoption, Including Vitalik Buterin Notable Metrics Deposits: Over 69 deposits have been processed. Volume: More than 21 ETH has already flowed into the Privacy Pools. Initial Deposit Cap: Currently set at 1 ETH per transaction, with plans to increase this limit as the system matures. Endorsements and Early Support Source: Vitalik Buterin on X   Ethereum co-founder Vitalik Buterin was one of the first to deposit on the platform, lending his support to the initiative. Alongside Buterin, the project has attracted investments from high-profile backers such as BanklessVC, Number Group, Public Works, and various angel investors. This backing underscores the industry’s confidence in a privacy solution that does not compromise on regulatory oversight.   How Can Privacy Pools Balance Privacy and Compliance on Ethereum?  Privacy Pools builds upon earlier developments by projects like Tornado Cash—improving upon its compliance features and learning from past regulatory challenges. The research paper co-authored by Buterin, Ameen Soleimani, Chainalysis researcher Jacob Illum, and academic experts outlines how these privacy protocols can operate within a legal framework, ensuring that the innovation does not open doors for illicit activities.   0xbow envisions a future where privacy is a standard feature on public blockchains. The team emphasizes that while this launch marks an important milestone, it is only the beginning of a broader initiative to “Make Privacy Normal Again.” As the protocol is further battle-tested, both transaction limits and feature sets are expected to evolve in response to user feedback and regulatory developments.   0xbow’s launch of Privacy Pools marks a significant milestone in the evolution of blockchain privacy tools, providing users with a secure way to maintain confidentiality while meeting the necessary legal standards. As the digital asset ecosystem continues to mature, innovations like these are set to play a critical role in shaping a balanced future for decentralized finance (DeFi).   Read more: What Is DeFAI, AI-Powered DeFi, and the Top DeFAI Projects to Watch in 2025?

  • Bitcoin at 61.38% Dominance, Ethereum Dips Near $1,835, and XRP Corrects by 40%

    The global crypto market shows mixed signals with a market cap of $2.69T and a 1.33% day-over-day increase, while volume surges by 44.63% to $77.63B, heavily driven by stablecoin activity. Amid macroeconomic concerns and regulatory developments, Bitcoin remains dominant at 61.38%, Ethereum faces significant downward pressure, and XRP experiences a 40% correction from its multi-year highs.   Quick Take Total crypto volume increased 44.63% in 24 hours, with stablecoins comprising over 95% of this volume. Bitcoin’s dominance now stands at 61.38%, bolstered by institutional moves and strategic corporate buys. Global economic challenges and evolving US tariff policies are influencing investor sentiment and digital asset adoption. Ethereum sees both innovation with Privacy Pools and significant price pressure, with predictions suggesting potential further decline before a rebound. XRP, after a sharp rally, has corrected by 40% and is showing technical signs of bearish momentum, hinting at further downside risks. The global crypto landscape is experiencing cautious optimism as the market cap reaches $2.69 trillion—a 1.33% increase from the previous day. The total crypto market volume has surged to $77.63 billion in the last 24 hours, reflecting a 44.63% jump.    Crypto Fear and Greed Index | Source: Alternative.me   Notably, stablecoins contribute 95.91% of this volume, indicating a preference for lower-risk assets amid market uncertainty. The current market sentiment, as measured by the Fear and Greed Index, remains in the "fear" zone at 34.   Crypto Market Developments – Latest News and Updates Today’s headlines reveal a blend of macroeconomic concerns and bold institutional strategies:   BlackRock CEO Larry Fink warned that rising US debt could shift investor preferences toward Bitcoin, potentially challenging the US dollar's reserve currency status. Meanwhile, US tariff policies under President Trump are creating uncertainty across crypto markets. Donald Trump’s sons have backed a new venture with Hut 8 to launch what is anticipated to be the world’s largest pure-play Bitcoin mining firm, while Michael Saylor’s Strategy made a near $2 billion Bitcoin dip buy to capitalize on market fluctuations. The Ethereum-based DeFi protocol SIR.trading suffered a major hack, losing its entire TVL of $355,000, underscoring the ongoing security concerns in the decentralized finance space. White House officials have indicated that President Trump will announce reciprocal tariffs on April 2 from the Rose Garden, with no exemption clauses, despite mixed reactions from market watchers. Fed's Williams highlighted that while the impact of these tariffs is still being evaluated, there is no current sign of stagflation, and the economy is expected to continue growing. Additional industry highlights include FTX's planned use of $11.4 billion in cash reserves to repay creditors starting May 30, Circle's progress toward an IPO with filings expected by the end of April, and NFT marketplace X2Y2 ceasing operations on April 30. Notably, CZ’s donation wallet has burned substantial token volumes, while BlackRock’s CEO underscored asset tokenization as the most disruptive financial innovation since ETFs. Crypto Market in Numbers - A Recap of March 2025  Crypto market over the past month | Source: Coinmarketcap   Bitcoin Market Dynamics Amid Trade Tensions: Bitcoin experienced a 5% monthly decline, driven largely by volatile shifts in US tariff policies amid an ongoing trade war. Despite the downturn, Bitcoin’s market resilience remains notable as it navigates macroeconomic pressures. Decline in Decentralized Exchange Volumes: Decentralized exchange (DEX) volumes saw a dramatic contraction, particularly on platforms like Solana, where trading volumes fell from billions to just hundreds of millions. This reduction highlights the broader market's sensitivity to regulatory and economic uncertainties. Persistent Vulnerabilities in DeFi Security: The DeFi sector continued to face security challenges, with approximately $22 million lost in hacks throughout the month. These breaches underscore the ongoing risk associated with smart contract vulnerabilities and the need for improved security protocols. Steady Venture Capital Confidence Amid Volatility: In spite of market turbulence, venture capital investments in blockchain projects remained robust, with multiple eight-figure funding rounds signaling continued faith in the long-term potential of blockchain innovation. This funding activity illustrates that, while short-term market conditions are volatile, institutional confidence in the future of the sector endures. Corporate Adoption of Bitcoin Continues to Grow Michael Saylor’s Strategy buys the dip, acquires more BTC | Source: SaylorTracker   Bitcoin continues to be the cornerstone of the cryptocurrency market, reinforcing its status as the leading digital asset. Its market dominance has inched up to 61.38%, buoyed by significant institutional investments.    Michael Saylor’s Strategy recently acquired 22,048 BTC for roughly $1.92 billion—a move that highlights the strategic positioning of institutional players who are increasingly viewing Bitcoin as a hedge against economic uncertainty. Larry Fink’s recent comments have fueled discussions about Bitcoin’s potential to supplant the US dollar as the global reserve asset, especially in the context of rising national debt and a turbulent macroeconomic landscape.    Additionally, the new venture launched by Trump’s sons, in collaboration with Hut 8 Mining, is set to revolutionize Bitcoin mining by establishing a highly efficient, pure-play mining operation designed for scalability and cost-effectiveness.   Vitalik Buterin Unveils Privacy Pools on Ethereum Source: Vitalik Buterin on X   Ethereum is navigating a challenging landscape defined by both innovation and significant market pressure. Trading at around $1,835, Ether has seen its price nearly halved since the bullish endorsements from figures such as Eric Trump, with technical indicators hinting at a possible decline below $1,500 in the near term.    Despite these downward pressures, Ethereum remains at the forefront of blockchain innovation with the launch of Privacy Pools. This new feature, which has received backing from Ethereum co-founder Vitalik Buterin, aims to facilitate semi-permissionless private transactions while ensuring regulatory compliance.    Nevertheless, the market sentiment remains bearish, as recent on-chain hacks and the broader uncertainty created by US tariff policies continue to weigh heavily on Ethereum's price performance.   XRP’s Funding Rate at -0.14%: Bearishness Ahead? XRP OI-weighted funding rate | Source: CoinGlass   XRP stands out as one of the most volatile altcoins in the market, having experienced a dramatic correction after a significant rally. Once approaching a multi-year high of $3.40, XRP has now corrected by approximately 40% and is trading around $2.10. Technical analysis and sentiment data from futures and margin markets indicate a bearish trend, with the negative funding rate of -0.14% per eight hours underscoring weak investor confidence.    Despite receiving regulatory clarity from the SEC regarding its $1.3 billion securities offering case, XRP’s price action suggests that market participants remain cautious. Historical patterns of XRP, marked by similar corrections, hint that further downside may be on the horizon if bullish sentiment does not eventually reassert itself.   Conclusion March 2025 has proven to be a pivotal month for the cryptocurrency market, marked by significant economic and regulatory developments as well as bold institutional moves. Bitcoin’s dominance continues to solidify its role as the market leader, with significant investments and new mining ventures signaling robust institutional confidence.    Ethereum, while at the forefront of blockchain innovation with its Privacy Pools, faces ongoing challenges from price volatility and market uncertainty. Meanwhile, XRP’s sharp correction reflects broader market hesitations that may persist until investor sentiment improves. As macroeconomic factors such as impending US tariffs and evolving compliance standards take center stage, the coming weeks are expected to further shape the digital asset landscape, offering both opportunities and challenges for investors.   Read more: Bitcoin Faces $90K Resistance as GameStop and Sei Foundation Drive Market Shifts in a $2.85T Crypto Market

  • Solana’s Bearish Correction: 4.8% Drop to $131 as $150 Resistance Lingers

    At the time of writing, Solana (SOL) is trading just above $131, reflecting a decline of over 4.8% in the past 24 hours. Despite a recent technical rebound, the network struggles with persistent resistance at $150 and declining on-chain activity, even as institutional interest and innovative projects continue to fuel optimism.   Quick Take Solana is trading just above $131, down over 4.8% in the past 24 hours. The $150 level remains a key barrier that could dictate near-term price direction. Prospects of a Solana ETF and expanded tokenized assets may attract significant institutional capital. Falling dApp revenues and lower chain fees signal reduced network usage amidst fierce competition. Projects like PumpSwap illustrate Solana’s ongoing efforts to innovate and capture value in the DeFi market.  Solana’s native token is currently trading slightly above $131, marking a notable 4.8% drop over the last 24 hours. Previously, SOL had rallied by 14% from a key support level of $121, briefly touching $147 before encountering firm resistance at $150.    SOL/USDT price chart | Source: KuCoin   Analysts suggest that a breakthrough above this critical threshold could open the door for a rally toward the $180 resistance level; however, the recent bearish correction underscores the market’s volatility.   Spot Solana ETF Approval Supports Long-Term Optimism Spot Solana ETF approval odds on Polymarket | Source: Polymarket   There remains optimism among market participants regarding Solana’s long-term prospects. Expectations of a Solana spot ETF approval in the United States, alongside the growth of tokenized real-world assets on the network, continue to attract institutional capital.    Social sentiment has been notably positive, buoyed by an 18:1 positive-to-negative comment ratio, which supports the view that renewed institutional backing could eventually offset short-term technical setbacks. Polymarket polls indicate an 84% likelihood that the US could approve a spot Solana ETF this year.    Solana’s On-Chain Activity Pressures: dApp Revenues Drop 50% Despite encouraging signs from institutional channels, Solana’s on-chain metrics have been less favorable recently. DApp revenues have declined significantly—from $23.7 million to $12 million over a short period—and base layer fees have nearly halved. These declines come at a time when competing blockchains such as Ethereum and BNB Chain are intensifying their market presence, contributing to the ongoing struggle for SOL to reclaim its former trading heights.   PumpSwap Becomes Second-Largest AMM in Solana Ecosystem PumpSwap becomes second-largest Solana AMM | Source: Dune Analytics   Innovation within the Solana ecosystem remains a bright spot. The recent launch of PumpSwap, an automated market maker (AMM), has positioned it as the second-largest AMM by volume on the network, after Raydium. This development reinforces Solana’s commitment to enhancing user experience and expanding DeFi offerings, even as short-term price action remains volatile. Such innovations underscore the network’s potential to create a more integrated and user-friendly decentralized finance landscape.   Read more: Pump.fun Debuts PumpSwap DEX with 0.25% Fee Structure and Zero SOL Migration Fee to Reclaim Solana’s Memecoin Market   In summary, while Solana faces a short-term bearish correction and mounting competitive challenges, the network's strong fundamentals, institutional interest, and commitment to innovation continue to offer a cautiously optimistic outlook for future growth. Investors will be closely monitoring whether SOL can overcome its resistance levels and sustain a rebound in the coming weeks.   Read more: How to Use the Raydium (RAY) Decentralized Exchange on Solana: A Beginner’s Guide

  • Bitcoin Faces $90K Resistance as GameStop and Sei Foundation Drive Market Shifts in a $2.85T Crypto Market

    The crypto market remains resilient with a $2.85T cap despite declining trading volumes and prevailing investor fear, as indicated by a Crypto Fear and Greed Index reading of 44. Key developments—from regulatory pressures and geopolitical tensions to significant moves by Bitcoin, GameStop, and the Sei Foundation—are shaping a complex and cautious trading environment.   Quick Take  The market cap holds at $2.85T, yet daily trading volume has dropped by 6.87% to $73.05B. The Crypto Fear and Greed Index at 44 reflects a climate of fear amid uncertainty. With significant liquidations and an upcoming $16.5B options expiry, Bitcoin remains a critical market barometer. Regulatory challenges, GameStop's bold Bitcoin strategy, and the Sei Foundation's innovative blockchain ventures are driving market sentiment. Broader economic pressures including trade tensions, tariff escalations, and risk-off sentiments are contributing to market vulnerability. Global Crypto Market Snapshot: $2.85T Cap, $73.05B Volume & Elevated Fear Index Crypto Fear and Greed Index | Source: Alternative.me   The global crypto market currently stands at a cap of $2.85T, marking a modest 0.04% increase over the previous day. Despite this stability, the total 24-hour trading volume has declined by 6.87% to $73.05B, with stablecoins accounting for 97.21% of that volume and DeFi at 7.64%. Investor sentiment remains cautious, as evidenced by the Crypto Fear and Greed Index reading of 44—indicating prevalent fear and uncertainty in the market despite some underlying optimism. These dynamics suggest a trading environment where stability is challenged by liquidity constraints and emotional market drivers.   US Regulatory Scrutiny and Global Trade Tensions: Impact on Crypto Market Liquidity Recent developments across regulatory, geopolitical, and macroeconomic arenas are significantly pressuring the crypto market. In Washington, regulatory scrutiny remains intense: SEC nominee Paul Atkins has faced rigorous Senate questioning regarding his industry ties and potential conflicts of interest, while the US Senate's decisive vote to repeal the IRS DeFi broker rule—expected to be signed into law by President Trump—adds new layers of complexity for decentralized platforms. South Korea’s financial regulator has also intervened by temporarily suspending Upbit’s 3-month partial business ban, and the US SEC has formally dropped lawsuits against major players like Kraken, Crypto.com, Consensys, and Cumberland.   On the macroeconomic front, the landscape is equally dynamic. President Trump has announced plans for the largest tax cuts in history, signaling aggressive fiscal policy shifts. U.S. Q4 data shows mixed signals: the Core PCE Price Index came in at 2.6% (just below expectations), Real GDP rose at an annualized rate of 2.4%—surpassing previous and expected figures—while Real Personal Consumption Expenditures fell to 4%, below both prior readings and forecasts. Adding to the mix, spot gold has hit another record high, reflecting investors’ flight to safe-haven assets amid rising uncertainty.   Industry highlights further illustrate the ongoing volatility and innovation in the crypto space. Hyperliquid experienced a net outflow of $184M following the JELLY memecoin incident, while Ethereum’s official website has launched a new AI Agents feature page. Meanwhile, USDC’s market cap has soared past $60B to reach a new all-time high, and YZi Labs is set to host a hackathon focused on AI and blockchain-driven fintech solutions, offering top projects opportunities for incubation and investment.   Collectively, these regulatory shifts, macroeconomic developments, and industry events are fostering a risk-off sentiment, straining market liquidity and contributing to overall market uncertainty.   Bitcoin Technical Analysis: $90K Resistance and $62.45M Liquidations Bitcoin remains the cornerstone of the crypto market, currently commanding 60.85% of the market cap. However, it is under significant technical pressure, with $62.45 million in net long liquidations recorded over the past 24 hours, signaling heightened vulnerability amid a bearish setup.    The approaching $16.5B options expiry adds another layer of complexity, with Bitcoin's resistance near the critical $90K level closely monitored by traders. This interplay of technical factors and market psychology means that Bitcoin’s price action will likely continue to influence broader market trends, serving both as a bellwether for investor sentiment and a gauge of risk in these turbulent times.   GameStop’s Bold $1.3B Bitcoin Strategy: Convertible Note Sparks Volatility GameStop shares slide after BTC purchase announcement | Source: Google Finance   GameStop has recently captured market attention by announcing a $1.3B convertible note offering designed to fund its ambitious Bitcoin acquisition strategy. Initially, the news generated optimism among investors, as the prospect of bolstering a digital asset treasury appeared promising. However, deeper analysis of the financing structure has sparked concerns over dilution risks, the company's overall business sustainability, and potential short-term instability, leading to pronounced share price volatility.   Read more: Bitcoin’s Struggle at $90K Resistance, GameStop to Buy BTC, and Rising XRP ETF Hopes: Mar 27   Sei Foundation’s DeSci Ambitions: Acquiring 23andMe for On-Chain Genetic Data Source: X   In a groundbreaking move at the nexus of blockchain and biotechnology, the Sei Foundation is considering the acquisition of 23andMe to bring personal genomic data onto a secure, decentralized platform. This initiative intends to safeguard the genetic information of 15 million users by leveraging blockchain technology to enhance privacy and empower individuals with control over their data. Despite the transformative potential of this "bold DeSci bet," it faces significant execution challenges and regulatory uncertainties that stakeholders will need to watch closely.   Read more: Top Decentralized Science (DeSci) Coins to Watch in the Crypto Market   Hyperliquid’s Memecoin Controversy: JELLY Token Exploit and Ongoing Risks Hyperliquid recently found itself in the spotlight after a significant exploit involving the JELLY memecoin, where a crypto whale generated $6.26M in profit and now holds over 10% of the token’s supply. This incident highlights the risks associated with memecoin speculation and market manipulation. Despite automated safeguards that mitigated immediate damage, the event serves as a stark reminder of the volatility inherent in speculative digital assets.   Read more: A Beginner's Guide to Hyperliquid (HYPE) Decentralized Perpetual Exchange   Conclusion In summary, the crypto market continues to evolve amid a backdrop of regulatory challenges, geopolitical tensions, and significant corporate maneuvers. While Bitcoin’s resilience, GameStop’s innovative yet volatile strategy, and the Sei Foundation’s ambitious foray into blockchain data security offer intriguing opportunities, investors must remain cautious.   Read more: XRP ETF Approval Odds Surge to 84% on Polymarket, Market Eyes $3.55 Target  

  • XRP ETF Approval Odds Surge to 84% on Polymarket, Market Eyes $3.55 Target

    Recent developments have propelled XRP ETF approval odds to 84%, with Polymarket bettors and industry experts confident that a breakthrough is imminent. Meanwhile, XRP's price, hovering around $2.36, faces both bullish ETF-driven optimism and technical caution, setting the stage for a pivotal market shift.   Quick Take The SEC dropping its appeal against Ripple clears a major regulatory hurdle, increasing confidence in an imminent XRP ETF approval. Polymarket bets have driven XRP ETF approval odds to an impressive 84%, reinforcing bullish sentiment among crypto enthusiasts. Interactive Brokers and other institutions are expanding their crypto offerings, signaling broader market acceptance of digital assets. Analysts are split between a bullish breakout above $3 leading to a $3.55 target and warnings of a bearish correction that could see XRP drop to $1.07. Prospective partnerships with major players like BlackRock could mirror the success of BTC ETFs, potentially attracting significant inflows and propelling XRP to new heights. Ripple’s Legal Victory Sets the Stage for Change The conclusion of the long-standing legal battle between Ripple and the SEC marks a pivotal moment for XRP. With the SEC dropping its appeal against Ripple’s $1.3 billion securities suit, market participants now view the path toward an XRP-spot ETF as a near inevitability—a sentiment echoed by industry leaders such as ETF Store president Nate Geraci, who referred to the approval as “obvious” and a matter of time.   Read more: XRP Surges 10% as SEC Set to Drop Ripple Case, Could Reach $4 Soon   XRP ETF Optimism: Polymarket Bets Surge to 84% XRP ETF approval odds on Polymarket | Source: Polymarket   The betting market on Polymarket has recently surged, assigning an 84% likelihood to the approval of an XRP ETF by the end of 2025. These predictions, which have historically proven to be over 90% accurate, have further fueled optimism among crypto enthusiasts.    Geraci also foresees heavy involvement from asset management giants like BlackRock and Fidelity, mirroring the transformative impact seen with BTC ETF launches that drove Bitcoin to record highs.   Interactive Brokers Adds XRP to Portfolio In parallel to the regulatory progress, significant developments in the trading infrastructure are unfolding. Global brokerage Interactive Brokers has expanded its crypto offerings to include XRP, alongside other prominent altcoins like SOL, ADA, and DOGE.    This move not only doubles the platform’s crypto selections but also underscores a broader institutional embrace of digital assets. Despite XRP's recent 5% price increase post-legal resolution, its performance has been mixed as market participants weigh both bullish ETF prospects and cautious technical indicators.   XRP Technical Outlook and Price Dynamics XRP/USDT price chart | Source: KuCoin   On the technical front, XRP’s current price level of approximately $2.36 presents a double-edged scenario. While sustained investor interest and healthy spot market volumes suggest a supportive base—especially if the $2.50 level is reclaimed—veteran trader Peter Brandt warns of a potential head-and-shoulders pattern that could drag XRP down to $1.07 if bearish conditions prevail.    Conversely, other analysts note that a break above $3 could nullify the bearish pattern and propel XRP towards the $3.55 target, potentially opening the door for substantial gains reminiscent of past surges.   Future Prospects for Ripple and XRP: BlackRock’s Potential Involvement Looking ahead, the anticipated launch of an XRP-spot ETF is expected to significantly alter the asset's supply-demand dynamics. Speculation about a collaboration between Ripple and BlackRock—whose foray into BTC ETFs led to record inflows and a surge in Bitcoin’s price—has added another layer of optimism. With institutional investors already eyeing the potential inflows (with predictions of up to $8 billion by 2026), the successful approval of an XRP ETF could serve as a catalyst for the altcoin's next major rally.   As XRP navigates this transformative phase, investors and market observers will be closely watching both regulatory signals and technical price action. The interplay between institutional endorsement, market sentiment, and technical trends will ultimately dictate whether XRP can capitalize on these promising developments. Read more: Bitcoin’s Struggle at $90K Resistance, GameStop to Buy BTC, and Rising XRP ETF Hopes: Mar 27

  • Bitcoin’s Struggle at $90K Resistance, GameStop to Buy BTC, and Rising XRP ETF Hopes: Mar 27

    The global crypto market shows mixed signals with a slight dip in market cap by 1.06% juxtaposed against a robust 2.41% increase in trading volume, emphasizing the market's dynamic nature. Key developments include Bitcoin’s steady dominance at 60.79%, emerging trends in altcoins like Dogecoin, and significant moves in institutional tokenization as demonstrated by BlackRock’s BUIDL fund.   Key Takeaways Global crypto market cap sits at $2.85T, while 24-hour trading volume has risen by 2.41% to $78.43B. Bitcoin dominance increased marginally to 60.79%, despite failing to reclaim the $100K mark. Dogecoin is on track for a potential 55% rally, and XRP faces technical resistance yet remains buoyed by ETF approval optimism. Hyperliquid’s proactive delisting of JELLY perpetual futures highlights emerging risks in leveraged trading. BlackRock’s BUIDL fund, part of the growing tokenized real-world assets trend, has tripled in value within three weeks. Global Crypto Market Dynamics & Investor Sentiment The global cryptocurrency market is witnessing a dynamic yet cautious landscape. Currently, the market cap stands at $2.85 trillion—a 1.06% decline over the last day—indicating slight short-term pressure amid global economic uncertainties. In contrast, the 24-hour trading volume has surged by 2.41% to $78.43 billion, reflecting heightened trading activity. Notably, stablecoins are the dominant force, comprising 93.82% of the total volume, which underscores a robust investor inclination towards secure, low-volatility assets in turbulent times.    Crypto Fear & Greed Index | Source: Alternative.me   Additionally, DeFi contributes $5.87 billion or 7.48% of the volume, highlighting its increasingly influential role. Amid these figures, the Crypto Fear and Greed Index has dipped to 40, signaling a shift towards fear and caution after a neutral sentiment (47) the previous day—a clear indicator that investors are currently weighing risks more heavily than rewards.   In parallel, macroeconomic factors are adding to the volatility. Renewed tariff announcements from the Trump administration, including a 25% tariff on all auto imports effective April 2, coupled with unexpectedly weak consumer confidence, have rattled risk markets. All three major U.S. stock indices closed lower, and the negative sentiment spilled over into crypto, with Bitcoin briefly dipping below $86,000 and Ethereum falling under $2,000. These developments highlight the interplay between broader economic policies and the crypto market’s short-term price dynamics.   Crypto Market Experiences Regulatory Developments Recent headlines paint a picture of both innovation and turbulence in the crypto space. Hyperliquid made headlines with its proactive decision to delist JELLY perpetual futures, citing “suspicious market activity” that threatened to destabilize its trading environment. This move comes at a time when the regulatory landscape is also tightening, as evidenced by the SEC’s announcement to host four additional crypto roundtables focused on trading, custody, tokenization, and DeFi.    Meanwhile, South Korea’s crackdown on non-compliant VASP apps and new stablecoin initiatives in Wyoming and by Fidelity—further signal that both regulators and industry players are recalibrating strategies in response to evolving market risks.   Additionally, decentralized platforms like Polymarket are under intense scrutiny following controversies over alleged governance manipulation in high-stakes bets, which further emphasize the need for improved oversight and transparency in decentralized prediction markets. These developments suggest that both operational and regulatory changes are set to reshape the crypto ecosystem in the near future.   Bitcoin Price Struggles Even as GameStop Announces $1.3B BTC Purchase Plans Bitcoin remains the cornerstone of the cryptocurrency market, continuing to uphold its status as the flagship asset despite recent headwinds. Currently priced around $87,448, Bitcoin’s dominance has inched up to 60.79%, underscoring its enduring influence even as it struggles to break past the critical $100,000 threshold over the past 50 days.    This price stagnation has become a growing concern among institutional investors, who are increasingly cautious due to Bitcoin’s limited integration into traditional financial systems and persistent regulatory ambiguities.    In a bid to bolster market confidence and institutional adoption, notable corporate actions have emerged, such as GameStop’s strategic move to finance Bitcoin purchases through a $1.3 billion convertible notes offering. Such initiatives highlight a resilient institutional appetite for Bitcoin, even as broader market sentiment remains tempered by both technical and regulatory challenges.   Read more: Pump.fun App Launch, TRUMP +40%, GameStop Soars on Bitcoin Rumors – Feb 17   XRP ETF Odds Surge to 86% on Polymarket XRP ETF approval odds | Source: Polymarket   XRP has experienced a modest rally of roughly 5%, climbing from $2.32 to around $2.44 following the resolution of its long-running legal battle with the SEC. Despite this progress, XRP’s technical outlook remains mixed with bearish patterns suggesting a potential drop if key support levels are breached.    Optimism is, however, circulating around the possibility of an XRP ETF approval, with market participants estimating an 86% probability by year’s end—a development that could redefine its market trajectory.   Dogecoin Gearing Up for a 55% Rally?  Dogecoin is currently the best-performing cryptocurrency among the top 30 by market capitalization, having surged 18% over the past three days. Onchain data indicates that 7% of DOGE’s supply is concentrated at the $0.20 level, a critical point that could either act as resistance or propel a breakout towards a 55% rally if overcome.    The recent price breakout, supported by strategic moves like the launch of “The Official Dogecoin Reserve,” has infused renewed bullish sentiment into the community.   Hyperliquid Delists JELLY Futures Trading After Suspicious Activity Source: X   Hyperliquid has recently taken a firm stance by delisting perpetual futures tied to the JELLY token, citing evidence of suspicious market activity. This decision, which came after a trader’s disruptive $6M short position and subsequent self-liquidation attempt, underscores the platform’s commitment to safeguarding its liquidity pool and users. The Hyper Foundation has promised to reimburse most affected users, a move aimed at restoring confidence amidst operational challenges.   Read more: A Beginner's Guide to Hyperliquid (HYPE) Decentralized Perpetual Exchange   BlackRock BUIDL Fund Nears $2B Value BlackRock’s BUIDL total asset value | Source: RWA.xyz   Institutional momentum in tokenized assets is on the rise, as evidenced by BlackRock’s BUIDL fund—a tokenized money market fund that has more than tripled in value in just three weeks, reaching nearly $2 billion. This remarkable growth is indicative of a broader trend in real-world asset tokenization, which is attracting significant attention amid Bitcoin’s lack of upward momentum. As regulatory clarity improves, funds like BUIDL are poised to play a crucial role in bridging traditional finance with the digital asset ecosystem.   Conclusion In summary, the crypto market continues to navigate a complex environment marked by incremental declines in market cap, surging trading volumes, and evolving regulatory landscapes. While Bitcoin remains the dominant force, altcoins like XRP and Dogecoin are carving out their own narratives through technical rallies and institutional interest. Developments at platforms like Hyperliquid and innovative institutional strategies such as BlackRock’s BUIDL fund reflect a maturing market that is increasingly intertwined with traditional finance and regulatory frameworks.   Read more: 75% Bitcoin Rally Odds, Ripple’s $125M Judgment, & $5B eToro IPO: Mar 26

  • 75% Bitcoin Rally Odds, Ripple’s $125M Judgment, & $5B eToro IPO: Mar 26

    Today's crypto market is witnessing transformative developments—from Ripple wrapping up a four-year SEC battle with a $125M judgment adjustment to Bitcoin analysts projecting a 75% chance of new highs. Key movements in Ethereum, Solana ETFs, and institutional tokenization efforts further underscore a dynamic shift in digital asset landscapes.   Quick Take Ripple drops its cross-appeal in its SEC case, solidifying a $125M judgment with significant adjustments to the escrow amounts. Analysts predict a 75% probability that Bitcoin, currently trading around $87K, will hit new highs, with key liquidity zones identified between $84K–$90K. ETH’s price action suggests bearish momentum with the potential to drop toward $1,200 amid diminishing network activity and a return to supply inflation. U.S. regulators may soon approve spot Solana ETFs as multiple asset managers, including Fidelity and Franklin Templeton, file proposals. eToro files for a Nasdaq IPO with a potential valuation over $5B, and CME Group begins testing asset tokenization using Google Cloud’s Universal Ledger. Global Crypto Market Snapshot, Market Mood Improves The global crypto market continues to experience volatility, with fresh data indicating modest growth and shifting investor sentiment. The market cap stands at $2.86 trillion, marking a 0.68% increase over the last day. In contrast, trading activity saw a decline, with the total 24-hour crypto market volume dropping by 11.55% to $76.4 billion.    Crypto Fear and Greed Index | Source: Alternative.me   Notably, stablecoins dominate trading activity, comprising 94.49% of the volume at $72.19 billion, while DeFi transactions account for 7.06% or $5.39 billion. Additionally, Bitcoin’s market dominance slipped slightly to 60.54%, and the Crypto Fear & Greed Index improved to 47—a modest shift from Fear to Neutral sentiment.   Ripple and Trump Media’s Crypto ETFs in the Spotlight Today’s market saw several pivotal events that are reshaping investor sentiment. Ripple Labs has agreed to drop its cross-appeal in its four-year SEC litigation, leaving a modified $125M judgment largely intact.    Meanwhile, Binance intervened after detecting a market maker’s sale of 66 million MOVE tokens, freezing $38M in proceeds and prompting the Movement Network to initiate a buyback program.    In another significant development, Trump Media has partnered with Crypto.com to launch a series of “Made in America” ETFs, a move aimed at tapping into a global investor base and expanding the reach of crypto assets.   Read more: XRP Surges 10% as SEC Set to Drop Ripple Case, Could Reach $4 Soon   Bitcoin’s Bullish Forecast for New ATH Amid Key Resistance Zones BTC/USDT price chart | Source: KuCoin   Bitcoin continues to be the center of attention as it trades around $87K, attracting bullish sentiment from market experts. Network economist Timothy Peterson has highlighted a 75% chance that Bitcoin will reach new highs in the next nine months, based on its current trajectory.    However, on-chain data reveals that critical cost basis levels for whales lie between $84K and $85K, while short positions are emerging in the $88K–$90K range, indicating potential resistance and profit-taking zones. Despite these positive forecasts, bearish on-chain signals and declining whale long positions suggest that any short-term rally might encounter significant selling pressure.   Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   Ethereum Under Pressure at $2,000: Bear Flag Patterns and Supply Dynamics ETH/USDT price chart | Source: KuCoin   Ethereum is facing several challenges as it trades near $2,055. The asset is currently exhibiting a bear flag pattern on its daily chart, which has raised concerns about a possible drop toward $1,200 if key support levels fail.    This technical weakness is compounded by reduced daily transaction counts and record-low fees, which indicate waning demand for block space—a stark contrast to previous periods of high network activity. Additionally, the significant drop in the ETH burn rate, alongside rising supply growth returning to inflationary levels, is putting additional downward pressure on Ethereum’s price trajectory.   Solana ETF Prospects and Institutional Expansion Drive Rally Solana remains a focal point as institutional interest in its ecosystem continues to grow. The Cboe BZX Exchange recently filed for listing a proposed Fidelity Solana ETF, joining similar initiatives by asset managers like Franklin Templeton. Bloomberg Intelligence projects a 70% likelihood that U.S. regulators will approve spot SOL ETFs this year, potentially broadening investor exposure to Solana significantly.    Source: X   Furthermore, BlackRock’s tokenized money market fund, BUIDL, has expanded its operations to the Solana blockchain, further underscoring the network’s rising prominence in delivering institutional-grade digital asset products.   eToro IPO Journey: Navigating Public Markets with a $5B Valuation Crypto-friendly trading platform eToro is gearing up for a major public debut as it embarks on its IPO journey. The company has submitted a registration statement on Form F-1 with the SEC, aiming to list its Class A common shares on the Nasdaq Global Select Market under the ticker “ETOR.”    The anticipated IPO is expected to value eToro at over $5 billion—a significant milestone following previous attempts, including a canceled SPAC merger. The move is further bolstered by strong investor backing from major banks such as Goldman Sachs, UBS, and Citigroup, signaling robust institutional interest in platforms that seamlessly integrate traditional finance with crypto trading.   CME Group & Google Cloud: Pioneering Asset Tokenization with the Universal Ledger Institutional innovation is taking center stage as CME Group partners with Google Cloud to pilot the Universal Ledger, a distributed ledger designed to streamline collateral, margin, and settlement processes within capital markets. The pilot program is slated to begin in 2026 with select capital market participants, marking a potential shift toward more efficient 24/7 trading and wholesale payments.    This initiative reflects a broader trend where traditional financial institutions are increasingly exploring blockchain-based solutions to enhance liquidity and capital efficiency, potentially reshaping the landscape of asset management and tokenization in the process.   Conclusion In summary, today's crypto market developments—from Ripple's legal resolution and Binance's intervention to evolving price dynamics in Bitcoin and Ethereum—reflect an environment of both opportunity and caution. As institutional players increasingly enter the space, innovations like Solana ETFs, eToro’s impending IPO, and CME Group’s tokenization pilot are paving the way for broader market participation. However, investors should remain mindful that digital asset markets are inherently volatile, and market conditions can shift rapidly. It is essential to conduct thorough research and consider potential risks before making any investment decisions.   Read more: Bitcoin at $87K, MicroStrategy's BTC Surge, Trump's Tariff Shift, and XRP's Rebound Shape Market Dynamics: Mar 25

  • Bitcoin at $87K, MicroStrategy's BTC Surge, Trumap's Tariff Shift, and XRP's Rebound Shape Market Dynamics: Mar 25

    The global crypto market cap has reached $2.85T, recording a 2.02% increase over the last day while total 24-hour trading volume surged by 62.03% to $87.51B, dominated by stablecoins at 95.32%. Key developments—from DeFi protocols troubleshooting critical issues and institutional acquisitions to nuanced technical signals in Bitcoin—are reshaping the market dynamics.   Key Takeaways Global market cap climbed to $2.85T with a significant 62.03% increase in daily trading volume. Bitcoin’s technical indicators hint at a consolidation phase near $87K, with potential to break toward $90K. Despite trading 57% below its all-time high, Ethereum’s market cap of ~$252B exceeds that of major global corporations. XRP is targeting key resistance levels while Solana’s network improvements and ETF expectations bolster its outlook. New ventures such as Trump’s stablecoin and Kraken’s capital-raising plans illustrate continued innovation across the crypto ecosystem. Crypto Market Surges to $2.85T, Daily Volume Up 62%  The overall crypto market now stands at a robust $2.85T—a 2.02% increase over the past day. Total trading volume reached $87.51B in 24 hours, with DeFi contributing $6.65B (7.60%) and stablecoins dominating at 95.32% of the daily volume. These figures indicate an environment of growing liquidity and expanding participation across various segments of the market. Notably, crypto prices have also seen gains, with BTC trading at $87,497 (up 1.64%) and ETH at $2,081 (up 3.77%), complemented by a near-even 24-hour long/short ratio of 50.4%/49.6% and a slight rise in the Fear & Greed Index from 45 to 46.   Crypto Fear and Greed Index | Source: Alternative.me   This surge in market cap and volume highlights the dynamic interplay between traditional market sentiment and crypto-specific trends. As traders navigate these turbulent waters, the increased activity among stablecoins and DeFi assets points to evolving investment strategies and risk appetites within the ecosystem.   Dynamic Market Shifts: Strategy’s BTC Holdings Cross 500K Recent events have underscored the dynamic nature of the crypto market. Softened expectations of reciprocal tariffs have boosted overall market sentiment, with U.S. stocks broadly rebounding and all three major indices rising. Bitcoin briefly surged past $88,500, although its dominance fell by 0.33%, while altcoins generally rebounded.    Notably, DeFi lender Nostra temporarily halted borrowing on two liquid staking tokens after detecting critical price feed issues on the Starknet network. This move, aimed at preventing potential liquidations from mispriced collateral, reflects the broader challenges faced by decentralized protocols in maintaining system integrity under volatile conditions.   Strategy’s BTC purchases | Source: SaylorTracker   Institutional and regulatory dynamics further enrich the ecosystem's narrative. MicroStrategy’s recent acquisition of 6,911 BTC—pushing its cumulative holdings past the 500,000 mark—reinforces a strong trend in institutional adoption.    Concurrently, macroeconomic cues are evident as President Trump urged the Fed to lower interest rates and hinted at tariff reductions, even as he announced a 25% tariff on countries purchasing oil/gas from Venezuela. Additional regulatory developments include Oklahoma’s Bitcoin Reserve Bill passing in the state House, plans for a stablecoin bill to be submitted by the White House, and supportive measures like Kentucky’s Bitcoin Rights Bill.    Industry highlights round out the picture: from Strategy’s significant BTC purchases and Kraken’s early-stage exploration of up to $1B in debt financing, to BNB Chain DEX’s leading weekly volume of $14.336B and growing initiatives by players like CZ and Trump Media Group. These multifaceted developments are collectively reshaping the crypto market, driving both competitive innovation and strategic recalibration across the ecosystem.   Bitcoin Price Sees Consolidation, Momentum Could See Test of $90K BTC/USDT price chart | Source: KuCoin   Bitcoin currently holds a dominance of 60.60%, with its price trading near $87K—a slight decrease of 0.25% over the past day. Technical indicators such as the 21-day moving average at approximately $85,200, combined with recent intraday highs around $88,750, suggest that Bitcoin is in a consolidation phase. This technical buildup may well set the stage for a breakthrough toward the $90K level, as market participants look for clear signs of momentum reversal.   Adding to the technical narrative, Bitcoin’s open interest surged by over $1.5B in the last 24 hours, reflecting increased activity in leveraged positions. This, along with dovish signals from macroeconomic indicators, underscores the resilience of Bitcoin in the face of market volatility—even as the Crypto Fear and Greed Index still points to caution. These factors collectively indicate that while Bitcoin remains robust, traders should be mindful of potential corrections as the asset seeks to consolidate gains.   Why Is Ethereum Price 57% Below its ATH?  ETH/USDT price chart | Source: KuCoin   Ethereum remains a cornerstone of the crypto ecosystem despite trading at roughly $2,063—a level approximately 57% below its all-time high. The network’s market cap of nearly $252B not only underscores its enduring value but also places it ahead of major global corporations such as Toyota and Disney in terms of market valuation. This dichotomy between price performance and underlying value speaks to Ethereum’s critical role as an infrastructure layer for decentralized applications (dApps) and smart contracts.   Moreover, Ethereum’s recent transition to a proof-of-stake model and continuous network upgrades—like the integration of native rollups—enhance its long-term appeal. These innovations are designed to reduce energy consumption and improve scalability, ensuring that Ethereum remains at the forefront of blockchain technology while providing a robust foundation for the rapidly expanding DeFi and NFT sectors.   XRP Getting Ready for Rebound Above $2.50 Support?   XRP/USDT price chart | Source: KuCoin   XRP, currently trading near $2.43, has experienced significant volatility after reaching a seven-year high of $3.39 in January. Despite a nearly 30% drop from its peak, recent bullish technical indicators suggest a potential turnaround. Market analysts are closely watching the $2.50 support level, which is critical for sustaining further upward momentum. A breakthrough above key resistance levels, particularly around $2.77, could signal a robust recovery.   The ongoing legal developments surrounding Ripple’s SEC lawsuit and favorable regulatory hints, such as a new license in Dubai, add further layers of optimism. These factors, combined with a rising Relative Strength Index (RSI) that indicates building bullish momentum, suggest that XRP could be poised for a rebound—provided it stabilizes above the identified support thresholds.   Solana's Surge Takes SOL Price Above $140 Solana’s network fees and TVL in 2025 | Source: DefiLlama   Solana (SOL) is showing signs of recovery amid broader market rallies, trading around $140 following an 8.5% gain on March 24. This rebound is underpinned by an uptick in network activity and rising transaction fees, which signal increasing demand for its blockchain services. Additionally, growing interest from institutional investors and the anticipation of a spot Solana ETF approval further bolster its market outlook.   SOL/USDT price chart | Source: KuCoin   However, despite these positive signals, SOL continues to trade 52% below its all-time high of $295 and has underperformed the broader crypto market over the past two months. Traders remain cautious due to a significant decline in network fees and the lingering impact of earlier market corrections. Nevertheless, with a strong TVL ranking and strategic positioning among key blockchain competitors, Solana appears well-placed to capitalize on renewed investor interest in the near term.   Trump’s World Liberty Financial Launches USD1 Stablecoin In an intriguing development, World Liberty Financial—the crypto venture backed by former President Donald Trump—launched a new USD-pegged stablecoin, USD1, on both the BNB Chain and Ethereum. Although the stablecoin is not currently tradeable, its launch is significant amid ongoing regulatory debates, notably with the pending GENIUS Act aimed at providing clearer guidelines for US stablecoins. This move signals an emerging trend of politically connected entities entering the crypto space, potentially reshaping market dynamics.   The initiative also comes at a time when stablecoin adoption is surging, with active wallets increasing by more than 50% over the past year. As the market continues to mature, the entry of high-profile projects like Trump’s stablecoin could further drive innovation and competition in the digital asset sector. However, market participants should note that regulatory uncertainty remains a key risk factor for such projects.   Kraken Explores $1B Capital Raise Ahead of Potential IPO Kraken is positioning itself for significant growth as it explores a major capital raise ahead of a potential IPO in early 2026. The crypto exchange, which reported $1.5B in revenue in 2024 and cumulative trading volumes of $665B, is reportedly in preliminary talks with major banks like Goldman Sachs and JPMorgan Chase for a debt package that could range between $200 million and $1B. This capital infusion would primarily support Kraken’s expansion into new markets and enhance its multi-asset service offerings.   Kraken’s 2024 financials | Source: Kraken blog   In addition to its financing strategies, Kraken has made a notable acquisition by purchasing NinjaTrader for $1.5B. This move signals the exchange’s commitment to expanding into the derivatives market and diversifying its revenue streams. As Kraken continues to navigate a rapidly evolving regulatory landscape and increasing competition, its strategic initiatives highlight a broader trend of consolidation and innovation within the crypto industry.   Conclusion In conclusion, the crypto market remains highly dynamic, with robust market cap growth, significant trading volumes, and a series of strategic developments shaping its current landscape. While Bitcoin and other major cryptocurrencies exhibit promising technical setups and increasing institutional interest, the market continues to be influenced by macroeconomic factors and evolving regulatory frameworks.

  • Global Crypto Market Cap at $2.82T, 33.84% Volume Spike, as BTC Crosses $85,000: Mar 24

    The crypto market experienced a significant uptick today with a 1.93% rise in market cap to $2.82T and a robust 33.84% increase in 24-hour trading volume, now at $55.84B. Despite prevailing market fear, Bitcoin's dominance nudged up by 0.36% to 60.81%, and key regulatory and industry developments signal notable shifts on the horizon.   Quick Take The global crypto market cap rose to $2.82T with a 33.84% increase in 24-hour trading volume, reaching $55.84B. Bitcoin’s dominance increased to 60.81%, signifying a shift toward established digital assets amid market fluctuations. Significant regulatory moves, including potential Bitcoin purchases using gold reserves and an upcoming stablecoin bill review, are influencing market dynamics alongside notable macroeconomic losses at the Fed. From the IMF’s digital asset inclusion to Fidelity’s tokenized fund and new platform debuts, institutional and industry innovations continue to shape the crypto landscape. Crypto Market Overview: Steady Growth Amid Volatility Global crypto market cap | Source: Coinmarketcap   The global crypto market cap has climbed to $2.82T, reflecting a modest yet steady increase of 1.93% over the past day. Trading activity surged as the total market volume reached $55.84B, with the stablecoin segment dominating 94.21% of the volume at $52.6B. Meanwhile, the DeFi market maintained a solid presence with $6.14B in trading—accounting for 10.99% of the total volume.   Bitcoin’s market dominance increased slightly to 60.81%, underscoring investors’ ongoing preference for the flagship cryptocurrency amid fluctuating altcoin sentiment.   Crypto Market Sentiment: Navigating Through Fear Crypto Fear and Greed Index | Source: Alternative.me   The crypto fear and greed index has edged up to 45 from yesterday’s 30, yet the overall sentiment still leans toward Fear. This mixed sentiment reflects cautious optimism among investors who are balancing regulatory progress and promising industry innovations against broader macroeconomic uncertainties.   Macro Trends & Regulatory Updates In broader economic news, the U.S. Federal Reserve reported an operating loss of $77.6 billion for 2024, marking its second consecutive year of significant losses. This macroeconomic backdrop continues to influence market sentiment across asset classes, including crypto.   Regulatory Developments on the Horizon The White House is reportedly considering using gold reserves to purchase Bitcoin, a move that could bolster institutional confidence in digital assets. A stablecoin bill is set to be reviewed by the U.S. House Committee on April 2, highlighting ongoing regulatory efforts to bring more clarity to the crypto sector. Read more: Top Ways to Buy Bitcoin (BTC) in 2025: A Comprehensive Guide   Industry Highlights: Innovation and Institutional Moves The International Monetary Fund (IMF) has included digital assets like Bitcoin in its global economic report framework for the first time, a clear nod to the growing importance of crypto in the global financial system. Fidelity is also making waves by planning a tokenized fund focused on U.S. Treasury bills, positioning itself to compete with major players like BlackRock.   Notable Market Activities PumpSwap debuted with a first-day trading volume of $668,000, capturing 0.2% of Raydium’s volume, signaling increasing investor appetite for new platforms. Hong Kong-listed Gangya Holdings marked its commitment to crypto by purchasing 10 BTC, while Michael Saylor updated the Bitcoin Tracker, reaffirming his long-term bullish stance on the asset. In a unique twist, Ethereum’s daily burn rate hit a historic low, potentially setting the stage for a price rebound as network dynamics evolve. Bitcoin Mining Struggles Amid Bullish Market Signals Bitcoin hashrate over the past month | Source: CoinWarz   Despite recent signs of a bullish technical setup, Bitcoin’s mining fundamentals continue to face significant headwinds. Data from CoinWarz reveals that the mining hashrate remains flat at around $48 per petahash per second (PH/s), even as network mining difficulty edged up by 1.4% to 113.76 trillion at block 889,081. This flat hashrate is placing added financial pressure on miners, particularly those operating older hardware like the Antminer S19 XP and S19 Pro, which now struggle with lower margins amid declining network transaction fees.    The situation is compounded by persistent challenges such as high computing costs, energy issues, and the lingering effects of the April 2024 Bitcoin halving that slashed the block subsidy to 3.125 BTC per block. Additionally, geopolitical tensions—exacerbated by fears of a prolonged US-Canada trade war and potential tariffs on energy exports—continue to squeeze the profitability of mining operations, with JPMorgan reporting a 22% decline in share value for publicly listed Bitcoin mining companies in February 2025.   BTC/USDT price chart | Source: KuCoin   On the market side, Bitcoin shows signs of technical strength, with indicators hinting at a potential breakout around the critical $85K level. Analysts have noted bullish RSI divergences and increasing institutional activity, as seen by strategic moves from figures like Michael Saylor, who recently hinted at an impending BTC purchase. These signals suggest that, while mining operations face short-term challenges, Bitcoin’s overall market fundamentals remain robust, bolstering its long-term position as a digital store of value.   Read more: The History of Bitcoin Bull Runs and Crypto Market Cycles   Ethereum’s Technical Support, Institutional Momentum Drive Rebound Potential ETH/USDT price chart | Source: KuCoin   Ethereum’s current technical landscape suggests that the network is poised for a potential rebound, even as it endures a prolonged downtrend. Trading near $2,009, Ether has seen its value drop by nearly half from its December 2024 highs of over $4,100.    However, technical indicators point toward a possible breakout from a key support zone, with some analysts predicting a rally that could propel ETH toward $3,400 by June—a potential 65% increase from current levels. This bounce could be triggered by a retest of the multi-year support zone, a pattern that has historically led to explosive rallies in previous market cycles.   Institutional momentum further underscores Ethereum’s fundamental strength. BlackRock’s BUIDL fund, for instance, has increased its ETH holdings to a record $1.145 billion, up from approximately $990 million just a week ago, reinforcing Ethereum's role as the backbone for tokenizing real-world assets (RWAs).    Additionally, on-chain data from Nansen indicates a noticeable uptick in whale accumulation, with significant growth in the cohort of addresses holding between 1,000 and 100,000 ETH. Despite short-term volatility, these developments, coupled with rising institutional interest and robust technical support, point to a potentially strong bullish reversal for Ethereum in the coming months.   Conclusion Today’s market activity underscores a dynamic crypto landscape, where robust trading volume and incremental market cap gains coexist with technical challenges and external pressures. Bitcoin’s technical indicators and institutional moves suggest potential upside despite mining headwinds, while Ethereum’s technical support and growing institutional momentum hint at a possible rebound.   Investors should exercise caution given the ongoing market volatility, regulatory uncertainties, and macroeconomic risks that may impact digital asset performance. As always, thorough research and a diversified approach are essential when navigating the crypto market.  

  • Pump.fun Debuts PumpSwap DEX with 0.25% Fee Structure and Zero SOL Migration Fee to Reclaim Solana’s Memecoin Market

    Pump.fun has launched its native decentralized exchange, PumpSwap, which eliminates the previous 6 SOL migration fee and introduces an efficient, frictionless trading environment on Solana. This strategic move comes amid a 60% monthly revenue decline on Pump.fun and intensifying competition with platforms like Raydium and emerging rivals.   Quick Take PumpSwap enables instantaneous, fee-free migrations, eliminating the previous 6 SOL charge and reducing complexity for new users. With a trade fee of 0.25% (0.20% to liquidity providers and 0.05% to the protocol), PumpSwap offers a cost-effective trading platform. The platform allows users to create and contribute to liquidity pools at no cost, promising a frictionless trading experience. PumpSwap’s launch comes at a critical time of declining memecoin volumes and intense competition, positioning Pump.fun to potentially reshape Solana’s DeFi ecosystem. What Is PumpSwap, Pump.fun’s DEX for Solana Memecoin Trading? Pump.fun, a prominent token launchpad responsible for approximately 70% of Solana’s token launches, has officially unveiled PumpSwap, its proprietary decentralized exchange (DEX). Designed to rival Raydium, PumpSwap promises to streamline token migration by moving coins directly to its platform once they complete their bonding curve, effectively removing the cumbersome and costly migration process previously experienced when tokens transitioned to Raydium.   Source: X   Since its launch in early 2024, Pump.fun has helped create over 8.7 million tokens in the Solana ecosystem, earning the platform a revenue of nearly 3.2 million SOL to date.    Pump.fun’s revenues since launch | Source: Dune Analytics    Key Features of PumpSwap DEX PumpSwap is built on an automated market maker (AMM) model similar to Raydium V4 and Uniswap V2. Notable features include:   Instant and Fee-Free Migrations: Tokens are migrated as soon as they complete their bonding curves without incurring the former 6 SOL fee, allowing for uninterrupted momentum and a smoother user experience. Efficient Fee Distribution: Each trade on PumpSwap carries a 0.25% fee, where 0.20% benefits liquidity providers and 0.05% supports the protocol. This model is set to evolve with the introduction of a creator revenue sharing system, which will eventually direct a portion of protocol revenue to token creators. Enhanced Liquidity and User Accessibility: By enabling users to create or contribute to liquidity pools at no cost, PumpSwap is positioned to enhance liquidity for newly launched tokens and reduce entry barriers for new participants. Read more: Top Decentralized Exchanges (DEXs) in the Solana Ecosystem   PumpSwap vs. Raydium: Competitive Landscape The timing of PumpSwap’s launch is critical, as it coincides with a notable downturn in memecoin trading volumes. Since January, Pump.fun’s average daily fee revenue has dropped from over $4 million to around $1 million, reflecting broader market sentiment following several memecoin-related scandals, such as the LIBRA incident. Meanwhile, competitors such as Raydium are ramping up their offerings—Raydium recently hinted at launching its own memecoin launchpad, LaunchLab, to directly counter Pump.fun’s innovative approach.   Raydium’s TVL | Source: DefiLlama   This shift in strategy marks a transition from a longstanding partnership between Pump.fun and Raydium to a competitive rivalry. PumpSwap not only offers a more streamlined migration process but also positions itself as a potential catalyst for revitalizing Solana’s memecoin ecosystem by fostering a more accessible and rewarding environment.   Read more: How to Use the Raydium (RAY) Decentralized Exchange on Solana: A Beginner’s Guide   Future Developments in the Pump.fun Ecosystem Security remains a top priority for Pump.fun. PumpSwap has already passed nine independent audits by reputable security firms, and the team plans to open-source its code to further enhance transparency. Additionally, the upcoming revenue sharing model—expected to be implemented in the coming weeks—aims to align the interests of token creators and their communities, potentially fueling higher-quality project launches and stronger community engagement.   PumpSwap's debut signifies a strategic pivot for Pump.fun as it seeks to reclaim market share and restore momentum in the competitive Solana memecoin landscape. The platform’s focus on reducing friction, enhancing liquidity, and rewarding innovation is set to drive renewed interest and activity within the ecosystem.   Read more: Top Meme Pump Platforms to Launch and Trade Memecoins in 2025

  • TON Blockchain Secures $400M VC Investment, Grows to 41M Native Accounts

    The Open Network (TON) has attracted over $400 million in venture capital investments from top firms like Sequoia Capital and Draper Associates, signaling robust confidence in its potential. With native accounts skyrocketing from 4 million to 41 million and Toncoin trading at approximately $3.77, TON aims to onboard 30% of Telegram’s 1 billion monthly active users within the next three years.   Quick Take Over $400 million has been invested by top-tier venture capital firms, highlighting strong market confidence in TON’s potential. TON’s native accounts have surged from 4 million to 41 million, with over 121 million unique Toncoin holders. TON leverages Telegram’s 1 billion monthly active users, aiming to onboard 30% of them in the coming years. Despite past volatility, Toncoin remains a top 20 cryptocurrency with a market cap of over $9 billion and a current trading price of approximately $3.77. The TON eocsystem’s growth strategy and massive user base integration are set to challenge traditional blockchain models, although regulatory and market challenges persist. VCs Invest Over $400M in The Open Network (TON)  Source: X   The TON Foundation recently announced that several prominent venture capital firms have collectively invested over $400 million in Toncoin, the native cryptocurrency of the TON blockchain. This substantial investment, executed through token-based deals rather than traditional equity, reflects the confidence these firms—such as Sequoia Capital, Ribbit Capital, Benchmark, and Draper Associates—have in TON’s ability to leverage Telegram’s vast ecosystem for decentralized applications.   TON Blockchain’s User Base Soars to 41M in 2024 TON has experienced a meteoric rise in user engagement over the past year, thanks to Telegram games like Hamster Kombat, X Empire, and Catizen, with its native accounts surging from 4 million to an impressive 41 million—a tenfold increase that highlights the network’s rapid expansion. This growth is further underscored by the fact that over 121 million unique users now hold Toncoin, reinforcing TON’s position as a major player in the blockchain industry.    Notably, TON is the only crypto accepted by Telegram for app services as of January, positioning it as a critical infrastructure component within the messaging giant’s ecosystem. With Telegram boasting 1 billion monthly active users and projections to exceed 1.5 billion by 2030, TON’s integration offers an unparalleled distribution channel for decentralized applications (dApps) and mini programs, supporting innovative use cases from gaming to digital payments.    Growth in Telegram users worldwide | Source: DemandSage   The ambitious goal to onboard 30% of Telegram’s active users into the blockchain ecosystem over the next three years further underscores the strategic vision behind TON ecosystem’s  expansion.   Read more: Top 7 Telegram Tap-to-Earn Crypto Games to Know in 2025   Toncoin Price Jumps 6% on Investment Announcement TON/USDT price chart | Source: KuCoin   Following the announcement of the $400 million investment, Toncoin experienced an immediate price jump of around 6%—with its value currently trading near $3.77. Despite this surge, Toncoin had previously reached a high of over $8.00 in mid-2024 before a significant correction, yet it remains one of the top 15 cryptocurrencies with a market cap exceeding $9 billion.    These price movements, along with the surge in active accounts, indicate a growing market validation for TON’s innovative approach to merging blockchain technology with social communication.   What’s Next for the TON Network and Toncoin?  Looking ahead, TON’s strategic vision includes onboarding 30% of Telegram’s active user base within the next three years. This ambitious target, if achieved, could redefine the blockchain landscape by integrating a massive global user base into a decentralized ecosystem. However, TON also faces challenges such as market volatility and regulatory scrutiny—factors that require continuous innovation and strategic agility to sustain its momentum in an increasingly competitive environment.   As TON continues to redefine the intersection of messaging and blockchain, its substantial venture capital backing and explosive user growth position it as a formidable player in the decentralized ecosystem. With strategic goals and robust market performance, The Open Network is poised to make significant inroads into the future of digital asset integration and blockchain applications.

  • 84K BTC, Donald Trump Promises to Turn America into the 'Undisputed Bitcoin Superpower', Canary Files for Pengu ETF, Pump.fun debuts its DEX PumpSwap: Mar 21

    As of March 18, 2025, Bitcoin is trading at approximately $84,448.08, reflecting a 0.26% increase over the past 24 hours. Ethereum is priced around $1,987.12, up 0.15% in the same period. Crypto markets face major shifts as technical moves and political decisions drive new strategies.    On March 7, 2025, at 3:10 AM UTC, President Donald Trump signed an executive order that creates a Strategic Bitcoin Reserve and a Digital Asset Stockpile. On March 20, 2025, BTC is currently trading at $84,448.08 Follow +214.81 (0.26%) today. The crypto market is evolving rapidly, and this fact signals major changes ahead. In this article, we explore bitcoin's price behavior against a falling dollar, bold moves by the U.S. government, new legislative proposals, and emerging investment products including a new ETF and decentralized exchange on Solana. Furthermore, each section provides precise dates and technical details that enhance the clarity of the current market developments. Moreover, this comprehensive overview equips investors with the necessary insights to navigate the dynamic digital finance landscape.    Crypto Fear & Greed Index | Source: Alternative.me    The Fear and Greed Index has increased to 49, still indicating a neutral market sentiment. Bitcoin has remained below the $100,000 mark, experiencing limited whale accumulation and low volatility.    What’s Trending in the Crypto Community?   Industry Highlights Tether is now the seventh-largest buyer of the U.S. Treasuries, holding 33.1 billion USD. The TON Foundation raised over 400 million USD through token sales. Pump.fun launched PumpSwap, a DEX enabling instant migration of graduated tokens. Kraken acquired the U.S. futures platform NinjaTrader for 1.5 billion USD Trending Tokens of the Day  Trading Pair  24H Change TON/USDT +2.38% PEPE/USDT +5.06% IP/USDT +1.81%   Trade now on KuCoin   84K Bitcoin Market Trends and Dollar Decline Source: KuCoin   On February 28, 2024, the U.S. dollar index reached 107.6. On March 7, 2024, the index fell to 103.60, marking a nearly 4% drop within days. Bitcoin did not surge as expected during this period. Furthermore, analysts once saw a clear inverse relationship between the dollar and bitcoin, and historical data shows that similar drops have triggered a positive reaction in bitcoin, but with a notable delay.    Julien Bittel of Global Macro Investor explained that such rapid drops have occurred only three times in the past 12 years. At the Bitcoin 2024 conference in Nashville, while still campaigning for reelection, Donald Trump warned the audience to "never sell your Bitcoin."    He also revealed his plan that if elected, his administration would retain 100% of all bitcoin held or acquired by the U.S. government. Furthermore, this marked the first time he mentioned keeping government-seized bitcoin, and so far, he appears determined to fulfill that promise.   Read more: Trump Orders Creation of U.S. Sovereign Wealth Fund: Could Bitcoin Play a Role?   Donald Trump Promises to Turn America into the 'Undisputed Bitcoin Superpower' Source: Getty   On March 20, 2025, President Donald Trump addressed the Digital Asset Summit in New York. He vowed to make America the "undisputed Bitcoin superpower and crypto capital of the world." He called on Congress to pass "landmark legislation creating simple, common sense rules for stablecoins." On a previous occasion at the Bitcoin 2024 conference in Nashville, he advised attendees to "never sell your Bitcoin."    He pledged that if elected, his administration would keep "100% of all the Bitcoin the U.S. government currently holds or acquires into the future." Additionally, on March 20, 2025, the U.S. Senate Banking Committee advanced the stablecoin-focused GENIUS Act with an 18-6 vote.    On March 6, 2025, Bitcoin dropped 5.7% in less than an hour following the Strategic Bitcoin Reserve order, and later rebounded to 87,200USD. Senator Cynthia Lummis proposed a bill to allow the government to buy up to 80 billionUSD in bitcoin, while Representative Byron Donalds introduced separate legislation to let the Treasury and Commerce Secretaries add bitcoin if the move is budget neutral. Moreover, these actions signal a significant shift in regulatory approaches to digital assets.   Canary Files for Pengu ETF Pudgy Penguins is among the most popular NFT brands. Source: Cointelegraph   On March 20, 2025, asset manager Canary Capital filed for an ETF designed to hold the Pengu token and Pudgy Penguins NFTs. Furthermore, the ETF will also include SOL and ETH that are necessary for trading these digital assets.    This filing may result in the first U.S. ETF to include NFTs if approved. Additionally, Pudgy Penguins now have a market capitalization of roughly 438 million USD, according to CoinGecko data.   Read more: Bitwise Expected to Launch New Spot Dogecoin (DOGE) ETF with SEC Filing, Boosting Crypto Market   Pump.fun debuts its DEX PumpSwap Despite Revenue Decline Source: X   On March 20, 2025 at 7:15 pm UTC, Pump.fun launched PumpSwap on Solana. This launch comes after Pump.fun fees decreased nearly 60% over the previous 30 days. PumpSwap is an automated market maker that works similarly to Raydium V4 and Uniswap V2, using a constant product formula for trading.    Users can create liquidity pools at no cost, and each trade incurs a fee of 0.25%, with 0.20% going to liquidity providers and 0.05% to the protocol. Furthermore, Pump.fun explained in an X post,    "From day 1 our goal was to create the most frictionless environment for trading coins. Migrations were a major point of friction – they slow a coin’s momentum and introduce needless complexity for new users Mow, migrations happen instantly and for free."    The platform completed nine independent security audits and plans to open-source its PumpSwap code. Additionally, the LIBRA memecoin incident on February 14, 2025 saw Argentine President Javier Milei endorse the token, which soared to a 4.5 billionUSD market cap before collapsing by 95% in two days.    Memecoin trading volume dropped from nearly $206 billion in January to 99.5 billionUSD in February, and Pump.fun recorded 588,478 SOL in revenue from January 15 to February 14, with revenue falling by over 50% in the subsequent 30 days. Moreover, Pump.fun remains the seventh largest protocol on Solana despite these challenges.   Conclusion On March 20, 2025, the crypto market stands at a pivotal moment, and the developments discussed herein indicate a broad shift in digital finance. Furthermore, bitcoin's performance amid a falling dollar, coupled with bold presidential and legislative moves, highlights the evolving regulatory landscape.    The emergence of new investment products such as the Pengu ETF and the launch of PumpSwap on Solana demonstrates that innovation continues despite market volatility. Additionally, precise dates and technical details provide clarity in this dynamic environment. Furthermore, these comprehensive insights equip investors with the knowledge to navigate the complexities of digital assets. Moreover, the current period may well define the future of digital finance, making it crucial to monitor these trends closely.  

  • BTC at $87K, XRP Jumps 10% on Ripple's SEC Victory, First Solana ETFs, US Govt $1M BTC Buy: Mar 20

    As of March 18, 2025, Bitcoin is trading at approximately $87,131.30, reflecting a 0.3% increase over the past 24 hours. Ethereum is priced around $2,032.58, down 1.23% in the same period. Crypto markets face major shifts as technical moves and political decisions drive new strategies.    On March 7, 2025, at 3:10 AM UTC, President Donald Trump signed an executive order that creates a Strategic Bitcoin Reserve and a Digital Asset Stockpile. Today marks a dynamic shift in the crypto market on March 19, 2025. The crypto market rallies with Bitcoin climbing to 87,131.30 USD on March 19, 2025 while gold reaches a record above 3,050 per ounce. XRP surges by 10% on legal news and new Solana ETFs hit the market. In addition, Congress moves ahead with a Bitcoin reserve bill. This surge comes on the back of a steady Fed decision and positive investor sentiment across multiple sectors.    Crypto Fear & Greed Index | Source: Alternative.me    The Fear and Greed Index has increased to 49, still indicating a neutral market sentiment. Bitcoin has remained below the $100,000 mark, experiencing limited whale accumulation and low volatility.    What’s Trending in the Crypto Community?   Industry Highlights PancakeSwap’s 24-hour trading volume reached $2.672 billion, leading the DEX market. Cosmos acquired an open-source EVM framework through Evmos. Volatility Shares launches two Solana futures ETFs on March 20. MyShell launched Shell Launchpad, an AI agent launch and tokenization platform. Trending Tokens of the Day  Trading Pair  24H Change XRP/USDT +9.25% HYPE/USDT +8.4% SOL/USDT +7.47%   Trade now on KuCoin   Factors Driving Bitcoin's $87K Price Jump Source: BTC/USD 4H chart via Bitstamp on March 19, 2025. BTC dipped below the $87,000 range at 8:30 p.m. (ET) down to $86,745 per coin.   Investors benefit from a steady Fed stance as the Federal Open Market Committee holds rates at 4.25%-4.50%. Moreover, positive news on crypto stocks such as Bitdeer and Core Scientific boosts market mood. In addition, Ripple legal relief and a favorable regulatory outlook add to demand. Furthermore, technical analysis shows limited supply and strong buying pressure. In addition, gains of 7% seen in Ethereum and Solana and a 6% rise in the CoinDesk 20 index combine to push Bitcoin to 87,131.30 USD today. It reached an intraday high of $87,470 at 8 p.m. ET on Wednesday, March 19, 2025.   Callie Cox, chief market strategist at Ritholtz Wealth Management, said that the U.S. central bank was signaling that any additional rate cuts would likely happen at the cost of battering stocks. “The Fed is no longer comfortable gliding to neutral as we get closer to their inflation target. I think you can argue that the soft landing is over,” she posted.   Bitcoin Market Update, March 19 The Federal Open Market Committee holds rates steady on March 19, 2025. Moreover, Bitcoin rises by 4.5% to trade at 87,131.30 USD. In addition, the CoinDesk 20 index climbs by 6% and both Ether and Solana surge by 7%. Crypto stocks post gains and gold sets a new record above 3,050 per ounce. In addition, Federal Reserve Chair Jerome Powell says tariff-related inflation is transitory and recession risk remains low.    Economist Mohamed A. El-Erian states "the word - 'transitory' - is back at the Federal Reserve as Chair Powell characterizes the price effects of tariffs as a one-off."   Ripple’s Legal U.S. Victory with the SEC Makes XRP Jump 10% Source: KuCoin   Furthermore, XRP jumps by 10% after Ripple CEO Brad Garlinghouse announces legal relief on X.    He states "This is it - the moment we've been waiting for. The SEC will drop its appeal. A resounding victory for Ripple for crypto every way you look at it."    In addition, the SEC filed its lawsuit against Ripple in 2020 during President Donald Trump's term alleging Ripple raised 1.3B USD through unregistered securities sales. In 2023 Judge Analisa Torres ruled that institutional sales broke the law and imposed a fine of 125M USD. In addition, after the SEC filed a notice of appeal XRP holders suffered losses of 15B USD.    Recent trends show the SEC dropping cases after former Chair Gary Gensler left and the chance for an XRP ETF rises.   The First Solana Futures ETFs Launches Source: TradingView   Furthermore, Volatility Shares LLC launches two new ETFs that track Solana futures. Moreover, the Volatility Shares Solana ETF (SOLZ) offers standard exposure with a management fee of 0.95% while the Volatility Shares 2X Solana ETF (SOLT) provides leveraged exposure with a fee of 1.85%. In addition, Solana holds a market cap of 66.5B USD and the token rises by 6% in 24 hours.    Analysts rate the chance for a spot Solana ETF approval at 75% by year-end. In addition, issuers such as Grayscale, Franklin Templeton and VanEck have filed for spot ETFs and the final decision may depend on the futures market strength and the confirmation of SEC Chair nominee Paul Atkins.   Tom Emmer Says the U.S. Government will Buy $1M Under the Bitcoin Reserve Legislation Source: WhiteHouse   Furthermore, Congressman Tom Emmer predicts that the BITCOIN Act will pass before this Congress ends. Moreover, the bill proposes that the US government acquire 1M BTC over five years and hold them for at least 20 years. In addition, Senator Cynthia Lummis reintroduced the act with support from five Republican Senators.    The purchase will use Federal Reserve net earnings and adjustments to Treasury certificates based on Fed gold holdings. In addition, the legislation limits divestment to no more than 10% of the reserve within two years. President Donald Trump signed an executive order on March 7, 2025 regarding Bitcoin reserves while the US already holds nearly 200,000 BTC. In addition, twenty-three US states have proposed their own Bitcoin reserve measures.   Read more: Trump Orders Creation of U.S. Sovereign Wealth Fund: Could Bitcoin Play a Role?   Conclusion Furthermore, today we see a market that surges with strength and bold moves. Moreover, Bitcoin climbs to 87K supported by stable monetary policy and strong investor demand. In addition, gold sets records while crypto stocks and Ripple gain momentum on legal relief. Furthermore, new Solana ETFs and congressional action on a Bitcoin reserve bill signal a shift in the market landscape. In addition, these developments reflect robust technical factors and a positive outlook that investors must watch closely as economic and regulatory trends evolve.

  • XRP Surges 10% as SEC Set to Drop Ripple Case, Could Reach $4 Soon

    Ripple's XRP rallied over 10%, reaching $2.59 after CEO Brad Garlinghouse confirmed the SEC is dropping its long-standing appeal against Ripple. Analysts now see XRP potentially climbing to $4 if bullish momentum continues.   Quick Take XRP price jumped more than 10% following Ripple CEO's announcement about the SEC dropping its appeal. The SEC's lawsuit began in 2020 and cost XRP holders an estimated $15 billion in losses. Over $11 million in short XRP positions were liquidated in one hour after the news. Analysts predict XRP could rally further to $4 or even higher amid bullish sentiment. Regulatory clarity from the SEC's decision could expedite approval of XRP ETFs. SEC Ends Multi-Year Legal Battle Against Ripple Ripple CEO Brad Garlinghouse announced via social media on March 19 that the U.S. Securities and Exchange Commission (SEC) intends to drop its appeal against Ripple Labs, marking a pivotal moment in a nearly five-year-long legal saga. This case, initially filed in 2020 under the Trump administration, alleged Ripple raised $1.3 billion through unregistered securities sales involving XRP.   Judge Analisa Torres ruled partially in Ripple's favor in August 2024, imposing a significantly reduced fine of $125 million compared to the SEC's initial $2 billion claim. Crucially, the ruling established that XRP's retail sales were not securities violations, though institutional sales remained restricted.   Ripple's CEO Declares "Victory for Crypto" Source: X   Garlinghouse hailed the decision as a "resounding victory" for Ripple and the broader cryptocurrency industry. He described the case as the "first major shot fired in the war on crypto," emphasizing that Ripple's continued commitment to operating within the U.S. legal framework had finally paid off.   The SEC's case had previously inflicted an estimated $15 billion loss on XRP investors, negatively impacting market confidence for years. Garlinghouse stated the resolution signifies a new era of regulatory clarity and legitimacy for digital assets.   XRP Price Surges Amid $11M Liquidations in 12 Hours Source: CoinGlass   Following Garlinghouse’s announcement, XRP prices soared by over 10% to hit an intraday peak of $2.59. The rapid price movement triggered massive short position liquidations amounting to over $11 million within a single hour, reinforcing the bullish momentum.   XRP Price Prediction: $4 Next Key Target?  XRP/USDT price chart | Source: KuCoin   Analysts highlight XRP's current bullish technical indicators, including a confirmed bull flag pattern suggesting a potential target of $2.80 shortly. Technical analyst CoinsKid anticipates XRP could soon reach new highs around $4, conditional on continued bullish sentiment and maintaining key support levels.   Will the SEC Approve XRP ETFs Soon? Source: Polymarket   The SEC’s withdrawal paves the way for potential approval of XRP exchange-traded funds (ETFs). Major asset managers like Grayscale, Bitwise, and Franklin Templeton have already filed for XRP-focused ETFs, with Bloomberg analysts previously estimating approval odds at 65-75% by the end of 2025.   XRP was highlighted by former President Trump as a key component of a proposed U.S. strategic crypto reserve, further bolstering its prospects for mainstream financial adoption.   What’s Next for Ripple and XRP? With regulatory hurdles receding, Ripple is now expected to focus aggressively on growth and strategic investments, having already deployed over $2 billion across various crypto ventures. The conclusion of this significant legal challenge represents a fresh chapter for both Ripple and XRP, potentially heralding sustained bullish performance and broader institutional adoption in the coming months.

  • 82K BTC Move, U.S. Stablecoin Legislation, MakerDAO’s $500M in BUIDL, and Crypto Banking Push: Mar 19

    As of March 18, 2025, Bitcoin is trading at approximately $82,842.38, reflecting a 0.1% increase over the past 24 hours. Ethereum is priced around $1,931.50, down 0.11% in the same period. Crypto markets face major shifts as technical moves and political decisions drive new strategies.    On March 7, 2025, at 3:10 AM UTC, President Donald Trump signed an executive order that creates a Strategic Bitcoin Reserve and a Digital Asset Stockpile. The crypto industry is shifting rapidly and today's news highlights four major developments that are reshaping the digital asset landscape. This article covers stablecoin legislation poised to pass soon, bold moves in tokenized asset investments, a new wave of banking licenses pursued by crypto firms, and a high-risk dividend strategy by Strategy. Each update comes with critical technical metrics such as a Senate vote of 18 to 6, a $500 million investment, and a Bitcoin reserve increase to 499,226 BTC, valued at over $41 billion.    Additionally, we review key events as of March 18, 2025, providing clear dates, technical details, and precise numbers that professionals and enthusiasts can rely on to understand this evolving market. Moreover, the comprehensive breakdown below offers insight into how regulatory shifts, capital allocation, and innovative financial strategies are converging to forge a new era in finance.    Crypto Fear & Greed Index | Source: Alternative.me    The Fear and Greed Index has decreased to 32, still indicating a fearful market sentiment. Bitcoin has remained below the $100,000 mark, experiencing limited whale accumulation and low volatility.    What’s Trending in the Crypto Community?  Raydium plans to launch LaunchLab, a platform designed for memecoin issuance. Cathie Wood stated that most memecoins may go to zero while Bitcoin could reach $1 million by 2030. Filecoin’s primary DeFi protocol, GLIF, launched its governance token called GLF. Bo Hines predicts U.S. stablecoin legislation will come "in next two months" Trending Tokens of the Day  Trading Pair  24H Change RAY/USDT +12.41% TRX/USDT +8.8% MKR/USDT +7.51%   Trade now on KuCoin   Stablecoin Legislation: Bo Hines predicts stablecoin legislation will come "in next two months" Bo Hines (right) speaking at the Digital Asset Summit. Source: Cointelegraph   Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, announced at the Digital Asset Summit in New York that stablecoin legislation is imminent. Moreover, the Senate Banking Committee approved the GENIUS Act on March 18, 2025, by a vote of 18 to 6, setting guidelines for stablecoin issuers.    Hines stated, We saw that vote come out of the Senate Banking Committee in extremely bipartisan fashion, and he added, I think our colleagues on the other side of the aisle also recognize the importance for US dominance in this space and they're willing to work with us here and that's really exciting about this.    He predicts that the legislation will reach President Trump within the next two months.   Read more: Trump Orders Creation of U.S. Sovereign Wealth Fund: Could Bitcoin Play a Role?   MakerDAO's Spark Commits $500M to BlackRock's BUIDL Fund Source: LinkedIn   MakerDAO’s Spark has set in motion an ambitious plan to invest in tokenized assets. Moreover, the firm announced a $500 million investment in BlackRock’s BUIDL fund as part of its $1 billion Tokenization Grand Prix. The competition, launched in July 2024, received 39 applications, and Steakhouse Financial evaluated them based on pricing transparency, liquidity levels, and strategic alignment.    Spark uses stablecoins such as USDC, USDS, sUSDS, USDe, and sUSDe, and moreover, BlackRock’s BUIDL fund held a market cap of $1.2 billion as of March 18, 2025. Furthermore, Spark plans to invest $300 million in Superstate’s USTB and $200 million in Centrifuge-Anemoy Janus Henderson’s JTRSY, with final allocation subject to Sky governance approval on April 3, 2025.   Crypto Companies Pursue Banking Licenses Under Trump's Administration Fintech and crypto firms are actively pursuing state and national banking licenses under President Trump’s administration according to a report by Reuters. Moreover, these licenses lower borrowing costs, improve capital access, and enhance credibility among customers.    Legal experts report that multiple bank charter applications are in progress, and FDIC acting chair Travis Hill and Federal Reserve Chairman Jerome Powell emphasized that regulators now support financial technology innovation. Moreover, these changes open up new market segments and reduce operational costs for crypto firms, ensuring they can better serve crypto customers who follow the law.   Strategy's STRF Offering: 5M Shares, 10% Dividend, and $50M Annual Payout Risks Source: Strategy   Strategy, formerly known as MicroStrategy, is pursuing a high-risk capital strategy through a STRF offering. Moreover, the firm announced plans to issue 5 million shares of its Series A Perpetual STRF stock on March 18, 2025, subject to regulatory approval and market conditions. Furthermore, the raised capital will fund corporate operations including Bitcoin acquisitions.    Strategy is the largest public holder of Bitcoin, and on March 17, 2025, it increased its Bitcoin reserves to 499,226 BTC, valued at over $41 billion. Moreover, each STRF share carries a $100 liquidation preference and offers a fixed annual dividend rate of 10%, with dividends payable in cash, Class A common stock, or a mix of both. Quarterly dividend payments will begin on June 30, 2025, and if missed, dividends compound by 100 basis points annually until they reach a cap of 18%. Furthermore, analysts warn that a 10% dividend on a $500 million raise could mean $50 million in annual payouts, and comparisons have been drawn to past hedge fund collapses.   Read more: MicroStrategy's Bitcoin Holdings and Purchase History: A Strategic Overview   Conclusion The crypto industry stands at a pivotal crossroads as groundbreaking legislation, innovative investment strategies, and bold financial maneuvers converge. Moreover, the push for stablecoin laws, tokenized asset investments, and banking licenses reflects a strong drive toward regulatory clarity and market expansion. Furthermore, Strategy's aggressive dividend plan underscores the high risks and potential rewards inherent in a rapidly evolving digital economy.