Crypto

Gold’s Historic Rally Leaves Bitcoin Behind, But the Trend May Reverse

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Spot gold surpassed $3,000 an ounce for the first time before retreating to $2,990. Gold futures for April delivery also broke the $3,000 mark on Thursday. The precious metal is now up over 15% this year, driven by strong ETF inflows, geopolitical uncertainty, and continued concerns over U.S. equities amid ongoing tariff discussions by former … Read more

Crypto Daybook Americas: Gold’s Historic Rally Brings Back BTC’s ‘Store of Value’ Debate

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By James Van Straten (All times ET unless indicated otherwise) The recent market turmoil might have given gold the bragging rights of being the “store of value” while “digital gold” struggles, at least for now. Gold futures for April delivery have surpassed $3,000 an ounce for the first time ever, marking a historic milestone for … Read more

Pump.fun memecoins are dying at record rates, less than 1% survive

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The memecoin frenzy on Pump.fun is hitting a wall, with the platform’s “graduation rate” sinking below 1% for a fourth straight week. “Graduation rate” is the memecoin launchpad’s term for tokens that make it through the incubation phase and become fully tradable on a Solana decentralized exchange (DEX). To graduate, a token must meet specific … Read more

Bitcoin panic selling costs new investors $100M in 6 weeks — Research

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Bitcoin speculators suffered losses of over $100 million in just six weeks thanks to panic selling, new research calculated. Data from onchain analytics platform CryptoQuant revealed the extent of recent capitulation by short-term holders (STHs). Bitcoin speculators run to the exit “in the red” Bitcoin (BTC) entities hodling coins between one and three months bore … Read more

Behind Elon Musk’s X outage: What really happened and why it matters

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What caused the X outage? On March 10, 2025, X’s services went down for many users, causing frustration and confusion across the platform.  The outages were significant enough to make headlines and draw attention from the tech community and the media. Elon Musk, ever the outspoken owner, quickly attributed the disruptions to a “massive cyberattack.” … Read more

Hong Kong crypto payment firm RedotPay wraps $40M Series A funding round

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Hong Kong-based crypto payment platform RedotPay closed a $40 million Series A funding round led by Lightspeed, with participation from HSG and Galaxy Ventures. RedotPay aims to enable cryptocurrency use in everyday transactions while simplifying blockchain transactions for spenders, akin to fiat. In November 2023, the company launched its own physical Visa cards, which can … Read more

Bitcoin logo shines over Austin, Texas as Gemini sets new world record

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Cryptocurrency exchange Gemini set a new Guinness world record by deploying 1,000 drones to form the Bitcoin logo in the sky, marking the largest-ever aerial display of a currency symbol. The event, held on March 13 in Austin, Texas, celebrated the US Strategic Bitcoin Reserve initiative. Source: Gemini Gemini’s drone show featured depictions of a … Read more

Calls for stricter rules on political memecoins after $4B Libra collapse

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Industry voices warned that politically endorsed cryptocurrencies must adopt stronger investor protections and liquidity safeguards to prevent another major market collapse. Investor sentiment remains shaken after the Libra (LIBRA) token, which was endorsed by Argentine President Javier Milei, suffered a $4 billion market cap wipeout due to insider cash-outs. According to blockchain analytics firm DWF … Read more

Russia using Bitcoin, USDt for oil trades with China and India: Report

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Russian companies have been using cryptocurrencies like Bitcoin and USDt to facilitate trade with China and India amid international sanctions, according to a Reuters report. Russian oil companies have used crypto assets including Bitcoin (BTC) and Tether’s USDt (USDT) for international trade, Reuters reported on March 14, citing four sources with direct knowledge of the … Read more

US court gives Three Arrows nod to increase its FTX claim to $1.53B

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A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion. Chief Judge John Dorsey rejected FTX’s debtors’ argument that the amended proof of claim (POC) from 3AC liquidators was untimely and an unjust attempt … Read more

AI’s Lead Over Crypto for VC Dollars Increased in Q1’25, But Does This Race Really Matter?

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Crypto venture funding in the U.S. clocked in at approximately $861 million for the first three months of 2025, but was dwarfed by artificial intelligence’s nearly $20 billion haul, according to data provided by Pitchbook, showing how investors continue to show preference to AI. Data shows that investors closed 795 deals in the U.S in … Read more

Association seeks to overturn Arkansas law aimed at foreign crypto miners

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The Arkansas Cryptomining Association is suing two Arkansas state officials, arguing that they enforced an unconstitutional and discriminatory state rule prohibiting foreign-born American citizens from engaging in crypto-mining activities, among other things. The complaint was made against Arkansas Attorney General Tim Griffin and the director of the Arkansas Oil and Gas Commission, Lawrence Bengal, on … Read more

Court says Bitcoin mining host can’t block tenant access to its rigs

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A Delaware court has granted a temporary reprieve to a Pennsylvanian Bitcoin mining firm currently in a payment dispute with its hosting company — barring the hosting provider from blocking access and otherwise commandeering the miner’s 21,000 rigs at the property.  Vice Chancellor Morgan Zurn granted a temporary restraining order on March 12, requested by Bitcoin … Read more

Democrat lawmaker urges Treasury to cease Trump’s Bitcoin reserve plans

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A Democrat lawmaker has called on the US Treasury to “cease all attempts” to create a strategic crypto reserve in the United States, citing conflicts of interest with US President Donald Trump and arguing that a stockpile would not benefit the American people. House Representative Gerald E. Connolly of Michigan criticized the “cryptocurrency reserve” in … Read more

Solana proposal to cut inflation rate by up to 80% fails to pass

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A proposal to dramatically change Solana’s inflation system has been rejected by stakeholders but is being hailed as a victory for the network’s governance process. “Even though our proposal was technically defeated by the vote, this was a major victory for the Solana ecosystem and its governance process,” commented Multicoin Capital co-founder Tushar Jain on … Read more

Vermont follows SEC’s lead, drops staking legal action against Coinbase

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US state Vermont has dropped its “show cause order” against crypto exchange Coinbase for allegedly offering unregistered securities to users through a staking service. Vermont’s Department of Financial Regulation said in a March 13 order that in light of the US Securities and Exchange Commission tossing out its case on Feb. 28, it would follow … Read more

Solana Inflation Reform Effort Fails on Dramatic Final Voting Day

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Solana’s high staking rewards will live to inflate SOL another day. A contentious effort to reform the blockchain network’s generous inflation regime flopped on Thursday after supporters of SIMD-0228 failed to garner the supermajority they needed to implement the major economic change. The surprise result delivered a blow to the Solana power brokers who rallied … Read more