US House kills IRS DeFi broker rule, Solana won’t cut 80% inflation rate: Finance Redefined

In a significant regulatory development for the crypto industry, the United States House of Representatives voted to nullify a bill that threatened the privacy-preserving properties of decentralized finance (DeFi) protocols. In the wider crypto space, one of the Solana network’s most significant governance proposals was rejected; it sought to implement a mechanism to reduce Solana’s … Read more

BlackRock now holds over 567,000 BTC, valued at over $47 billion

BlackRock, the world’s largest asset manager with approximately $11.6 trillion in assets under management, currently holds over 567,000 Bitcoin (BTC), valued at over $47.8 billion — making the asset manager one of the largest holders of BTC in the world. According to Arkham Intelligence, the asset manager’s most recent BTC acquisition occurred on March 14 … Read more

Growth in Bitcoin and stablecoin adoption could accelerate dedollarization

The US dollar has long reigned as the world’s primary reserve currency and the default choice for global trade and international transactions. But its dominance is now facing growing scrutiny as shifting geopolitical and economic forces—and concerns over the potential weaponization of the greenback—push more countries to accelerate efforts to loosen their dependence on the … Read more

Court Approves 3AC’s $1.53B Claim Against FTX, Setting Up Major Creditor Battle

The Delaware bankruptcy court handling the FTX estate approved a petition on Thursday from Three Arrows Capital (3AC) to significantly expand its claim against the estate from $120 million to $1.53 billion, marking a major development in the ongoing fallout from the collapse of Sam Bankman-Fried’s crypto empire. 3AC, once a dominant crypto hedge fund … Read more

Argentina finalizes rules for virtual asset providers

Argentina’s securities regulator has finalized rules for virtual asset service providers (VASPs), which cover general codes of conduct and custody requirements for cryptocurrency exchanges and other platforms facilitating digital asset transactions.  The regulations were published on March 13 by the National Securities Commission, also known as CNV, under General Resolution No. 1058.  According to a … Read more

Watch these Bitcoin price levels as BTC retests key $84K resistance

Bitcoin (BTC) circled $83,000 at the March 14 Wall Street open as traders set out requirements to flip bullish. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price RSI teases key “bullish divergence” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining up to 5% on the day before consolidating. A characteristic lack of momentum at … Read more

REX launches Bitcoin Corporate Treasury Convertible Bond ETF

REX Shares, an exchange-traded fund (ETF) provider with over $6 billion in assets under management (AUM), launched its Bitcoin (BTC) Corporate Treasury Convertible Bond (BMAX) ETF that invests in the convertible bonds of companies with a BTC corporate reserve strategy. According to the March 14 announcement, the ETF will purchase the convertible notes of companies … Read more

Bitcoin-Related Convertible Bond ETF Comes to Market

REX Shares has launched a first-of-its-kind convertible-bonds exchange-traded fund (ETF), allowing investors exposure to the convertible debt issued by corporates to add bitcoin to their balance sheet. Called the REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX), the fund is necessarily mostly made up of convertible paper issued by Michael Saylor’s Strategy (MSTR), by far … Read more

How Bitdeer Is Transforming Bitcoin Mining Machines

Application-specific integrated circuit (ASIC) chips form the backbone of the bitcoin (BTC) mining industry. ASIC machines are made for a single purpose: To solve Bitcoin’s SHA-256 algorithm as fast as possible in order to collect block rewards. They’re extremely good at it. One of the most widely used ASIC machines, the Antminer S19, is capable … Read more

Trump’s crypto task force should work with as much enthusiasm as DOGE

Opinion by: Kadan Stadelmann, chief technology officer, Komodo Platform The Crypto Task Force held a press conference in early February 2025. It struck the wrong tone. While the task force gave lip service to regulatory clarity, the goal seemed to placate the crypto industry, not bring about change that empowers individuals.  On Jan. 23, the … Read more

Congress repealed the IRS broker rule, but can it regulate DeFi?

The decentralized finance (DeFi) industry is breathing a sigh of relief as Congress relaxes reporting obligations, but questions remain about how lawmakers will regulate DeFi. On March 12, the House of Representatives voted to nullify a rule that required DeFi protocols to report gross proceeds from crypto sales, as well as info on taxpayers involved, … Read more

Russia Turns to Crypto to Bypass Western Sanctions in Oil Trade: Reuters

Russia has turned to cryptocurrencies to facilitate oil trade with China and India, effectively bypassing Western sanctions in its $192 billion oil trade, Reuters reported, citing sources familiar with the matter. The country has been slowly moving deeper into the cryptocurrency space. Just this week, the Bank of Russia submitted proposals to create an experimental … Read more

Worst crypto cycle ever? Community and history say otherwise

The cryptocurrency market has faced a significant downturn since the start of 2025, with some investors calling it the most painful cycle in history. Some were disappointed about industry policy changes and the memecoin craze in the United States, while others even speculated about talent leaving the sector for other industries. However, while the current … Read more

CoinDesk 20 Performance Update: Index Gains 3.3% as All Twenty Assets Move Higher

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 2604.12, up 3.3% (+83.6) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: LINK (+9.7%) and DOT (+6.7%). Laggards: BCH (+1.3%) and UNI (+1.9%). The … Read more

Bitcoin-to-gold ratio breaks 12-year support as gold price hits a record $3K

Bitcoin (BTC) breached a rising support trendline against gold (XAU), which has been intact for over 12 years, on March 14. XAU/BTC ratio weekly performance chart. Source: TradingView/NorthStar Popular analyst NorthStar says this breakdown could spell the end of Bitcoin’s 12-year bull run if it stays under the gold trendline for even a week or—worse—a month. … Read more

Hong Kong fintech sector sees 250% blockchain growth since 2022

Hong Kong anticipates the continued growth of its fintech ecosystem, with blockchain, digital assets, distributed ledger technology (DLT) and artificial intelligence playing a central role in shaping its future. Hong Kong is home to over 1,100 fintech companies. This includes 175 blockchain application or software firms and 111 digital asset and cryptocurrency companies, which marked … Read more

US Rep. Byron Donalds to introduce bill codifying Trump’s Bitcoin reserve

A new bill set to be introduced in Congress aims to formalize President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve, a move that could further integrate Bitcoin into the nation’s financial strategy. Trump signed an executive order on March 7 to use Bitcoin (BTC) seized in government criminal cases to establish a … Read more