U.S. Strategic Bitcoin Reserve a ‘Monumental Endorsement’ of the Crypto: H.C. Wainwright

The establishment of a Strategic Bitcoin Reserve (SBR) in the U.S. is a “monumental endorsement” of the world’s largest cryptocurrency, broker H.C. Wainwright said in a research report Monday. The move mints bitcoin’s “legitimacy in the mold of humanity’s most historically prized asset: gold,” analysts Kevin Dede and Michael Donovan wrote. President Trump directed his … Read more

Paxos CEO urges US lawmakers to set cross-border stablecoin regulation

US lawmakers are set for a heated debate on stablecoin regulation, with key industry leaders expected to outline their vision for the future of digital asset oversight. Charles Cascarilla, co-founder and CEO of stablecoin issuer Paxos, is scheduled to testify before the House Financial Services Committee, where he will urge lawmakers to establish “cross-jurisdictional reciprocity” … Read more

India Adds 4.7M Developers in 2024, Will India Become the Global Leader in Web3 Development by 2028?

A booming ecosystem of developers, gamers, and investors suggests a seismic shift is underway. Could India, a nation already known for its tech prowess, soon claim the title of the world’s Web3 powerhouse? According to the freshly released India Web3 Landscape Report by Hashed Emergent, the signs are pointing to yes. With a projected trajectory … Read more

The creators of the Las Vegas Sphere want to open smaller mini-Spheres

The original Las Vegas Sphere could eventually share content with smaller mini-Spheres. | Photo by Sean Hollister / The Verge Although original estimates set the cost of the Las Vegas Sphere at $1.2 billion, Sphere Entertainment eventually spent around $2.3 billion to build the interactive venue. As the company looks to expand to other cities, … Read more

Bitwise Launches ETF of Firms Holding Over 1K Bitcoin, Strategy Takes a 20% Weighting

Bitwise Invest has launched the Bitwise Bitcoin Standard Corporations ETF (OWNB), an exchange-traded fund designed to track publicly traded companies that hold at least 1,000 bitcoin (BTC). The index follows specific rules: companies must hold a minimum of 1,000 BTC, with holdings weighted based on the amount of bitcoin owned. The largest holding is capped … Read more

Cantor Fitzgerald Taps Copper, Anchorage Digital as Custodians for Bitcoin Financing Business

Wall Street asset management firm Cantor Fitzgerald has tapped Copper and Anchorage Digital as custodians for its new bitcoin (BTC) financing business, which aims to provide institutional investors with leverage on their bitcoin holdings, the firm said on Tuesday. “We are launching with $2 billion in initial financing and expect to substantially grow the operation … Read more

3 reasons XRP might drop to $1.60 in March

The XRP (XRP) daily chart registered its lowest candle close in 99 days on March 10. The altcoin dropped below the $2 support level but registered a short-term recovery of 12% on March 11. XRP 1-hour chart. Source: Cointelegraph/TradingView On the high time frame (HTF) charts, XRP must hold above its psychological level at $2, … Read more

Ether risks correction to $1.8K as ETF outflows, tariff fears continue

Ether is struggling to reverse a near three-month downtrend as macroeconomic concerns and continued selling pressure from US Ether exchange-traded funds (ETFs) weigh on investor sentiment. Ether (ETH) has fallen by more than 53% since it began its downtrend on Dec. 16, 2024, after it had peaked above $4,100, TradingView data shows. The downtrend has … Read more

CoinDesk 20 Performance Update: Aptos (APT) Gains 7.5%, as Index Rises From Monday

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2525.03, up 3.6% (+87.07) since 4 p.m. ET on Monday. Eighteen of 20 assets are trading higher. Leaders: APT (+7.5%) and NEAR (+6.7%). Laggards: BCH (-2.6%) and AAVE (-2.0%). … Read more

Circle Upgrades Cross-Chain Transfer Protocol Promising Near-Instant USDC Settlements

Circle has launched on Tuesday the upgraded version of its Cross-Chain Transfer Protocol (CCTP V2), a tool that facilitates USDC transfers across blockchains. The company said that the upgrade significantly cuts down transaction times to seconds from the typical 13-19 minutes on Ethereum and its Layer 2 networks. CCTP, introduced in 2023, is designed to … Read more

Is altseason dead? Bitcoin ETFs rewrite crypto investment playbook

Bitcoin exchange-traded products may have fundamentally altered the concept of a crypto “altseason.” For years, the crypto market followed a familiar rhythm, a near-predictable dance of capital rotation. Bitcoin (BTC) surged, bringing mainstream attention and liquidity, and then the floodgates opened to altcoins. Speculative capital rushed into lower-cap assets, inflating their values in what traders … Read more