Trump Admin Wants to Acquire as Much Bitcoin as Possible: White House
A White House official told a room of crypto industry leaders this week that there should be no limit to the size of a U.S. government Strategic Bitcoin Reserve.
Crypto
DOGE proposes slashing Internal Revenue Service staff by 20%
The Department of Government Efficiency (DOGE) is reportedly proposing cutting the Internal Revenue Service’s (IRS) workforce by 20% in a change expected to take effect by May 15, 2025. According to CNN, the cuts would impact an estimated 6,800 employees at the government agency, in addition to the 6,700 probationary employees who have already been … Read more
L2 gaming activity spikes in February, but wallets decline — Report
Gaming activity on some layer-2 blockchains rose by over 20,000% in February 2025 while the number of daily unique active wallets (dUAWs) dropped, according to a report by DappRadar. Abstract, an Ethereum layer-2 blockchain developed by Igloo, the parent company of NFT collection Pudgy Penguins, led all chains with a growth of over 20,000% in … Read more
BlackRock’s BUIDL Fund Tops $1B with Ethena’s $200M Allocation
Global asset manager BlackRock’s BUIDL token, issued in partnership Securitize and backed by U.S. Treasuries, crossed the $1 billion milestone in assets on Thursday, Securitize said. Pushing the fund’s size above the threshold was a $200 million allocation this afternoon by crypto protocol Ethena, a Securitize spokesperson told CoinDesk. Ethereum blockchain data by Arkham Intelligence … Read more
Hyperliquid ups margin requirements after $4 million liquidation loss
Hyperliquid, a blockchain network specializing in trading, has increased margin requirements for traders after its liquidity pool lost millions of dollars during a massive Ether (ETH) liquidation, the network said. On March 12, a trader intentionally liquidated a roughly $200 million Ether long position, causing Hyperliquid’s liquidity pool, HLP, to lose $4 million, unwinding the … Read more
AML Bitcoin creator convicted of wire fraud, money laundering
The founder of a cryptocurrency exchange whose namesake was tied to Anti-Money Laundering (AML) was found guilty of wire fraud and money laundering in a California court. In a March 12 trial in the US District Court for the Northern District of California, a jury found AML Bitcoin creator Rowland Marcus Andrade guilty of two … Read more
When Will Strategy Buy the Bitcoin Dip?
The company’s Bitcoin purchases occurred quickly following Donald Trump’s reelection but have cooled as spot Bitcoin ETFs shed assets.
DigiFT launches Invesco private credit token on Arbitrum
Digital asset exchange DigiFT has launched Invesco’s tokenized private credit strategy on Arbitrum, further expanding the use cases of real-world assets (RWA) and giving institutional investors access to onchain credit markets. According to a March 13 announcement, Invesco’s US Senior Loan Strategy (iSNR) token is now live on Arbitrum, a popular Ethereum layer-2 network. The … Read more
Senate Banking Committee advances GENIUS stablecoin bill
The United States Senate Banking Committee elected to advance the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in an 18-6 vote. None of the amendments proposed by Senator Elizabeth Warren made it into the bill, including her proposal to limit stablecoin issuance to banking institutions. “Without changes, this bill will supercharge the … Read more
Ethereum Developers Launch New Testnet for Pectra Upgrade After Earlier Setbacks
Following two problematic tests of Ethereum’s upcoming Pectra upgrade, the network’s core developers decided on Thursday to create a new testnet to demonstrate the code update a final time before deployment. “A new testnet, Hooli, is going live Monday to wrap up Pectra testing,” said Tim Beiko, who coordinates the ecosystem’s core developers at the … Read more
Tokenized Treasuries Hit Record $4.2B Market Cap as Crypto Correction Fuels Growth
As cryptocurrencies have been battered in a broad-market correction over the past weeks, digital asset investors sought refuge in tokenized U.S. Treasury products. Since late January, the combined market capitalization of Treasury-backed tokens grew $800 million to hit a fresh all-time record of $4.2 billion on Wednesday, data source rwa.xyz shows. Real-world asset platform Ondo … Read more
Senate Stablecoin Bill Passes Out of Committee With Strong Bi-Partisan Support
The bill’s sponsors say they intend for the GENIUS Act to receive a full vote on the Senate floor by the end of next month.
Crypto regulation shifts as Bitcoin eyes $105K amid liquidity boost
Bitcoin (BTC) price has risen 8% from its March 11 low of $76,703, driven in part by large investors aggressively buying the dip with leverage. Margin longs on Bitfinex surged to their highest level since November 2024, adding 13,787 BTC over 17 days. Currently standing at $5.7 billion, this bullish leveraged positioning signals confidence in … Read more
Banks push to block stablecoin legislation over market share fears
Bankers and their allies in the US Senate are pushing back against the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act over fears that stablecoins will disintermediate banks and erode banking market share. According to an article from American Banker, the bill requires 60 votes to pass in the Senate, meaning that at … Read more
‘Deadrop’ Game Players Claim Refunds After Dr. Disrespect’s Studio Closes
After Deadrop’s cancellation amid Midnight Society’s demise, early buyers are successfully securing refunds for the unfinished game.
Venmo Founder Explains The Plan With JellyJelly
In this episode, we speak to CEO of Jelly Jelly, Iqram Magdon-Ismail, and investor Sam Lessin about why they decided to launch the JELLYJELLY token, how they can separate the product from crypto degeneracy, and if they have a plan for the token yet.
Circle plans to bring $900M money market fund under DABA license
Circle, the creator of stablecoin USDC (USDC), announced on March 13 plans to bring its Hashnote Tokenized Money Market Fund (TMMF) under Bermuda regulatory oversight through the company’s existing Digital Assets Business Act (DABA) license. Hashnote, which Circle acquired in January 2025, is the issuer of USDY, the largest tokenized treasury and money market fund with … Read more
Bitcoin’s Role in DeFi Is ‘Untapped Opportunity,’ Binance Research Says
Bitcoin’s (BTC) role in decentralized finance (DeFi) is growing as the world’s largest cryptocurrency evolves from more than just a store of value, Binance Research said in a report Thursday. The Bitcoin network is “evolving into a broader decentralized finance ecosystem with the emergence of Bitcoin DeFi,” analyst Moulik Nagesh wrote. This is a sector … Read more
What Is Gnosis? Inside the Ethereum Layer-2 Blockchain Infrastructure Developer
With over 200 projects in its ecosystem, Gnosis has helped to shape Ethereum’s development since 2015. Here’s how it works.
AML Bitcoin Creator Found Guilty In Pump-and-Dump Case Linked to ‘Casino Jack’
A federal jury in the Northern District of California on Wednesday convicted cryptocurrency entrepreneur Rowland Marcus Andrade of wire fraud and money laundering connected to the sale of a token called AML Bitcoin. The charges stemmed from an initial coin offering Andrade conducted for AML Bitcoin in 2017 and 2018. Early court filings covered by … Read more
Binance Founder CZ Denies Trump Family Investment, Pardon Talks
The Wall Street Journal reported that representatives of the Trump family were in talks with Binance to take a stake in the exchange giant’s U.S. arm.
Treasury Met With Three Crypto Firms to Decide Custody of Bitcoin Reserve
Firms including Anchorage Digital are advising the U.S. government on best practices for safeguarding billions of dollars worth of crypto assets.
Robinhood lists PENGU, POPCAT amid crypto ramp-up
Robinhood has listed memecoins Pengu (PENGU), Pnut (PNUT) and Popcat (POPCAT) as the online brokerage doubles down on cryptocurrency trading, it said on March 13. The listings mark Robinhood’s latest effort to expand its crypto offerings and compete with incumbent exchange Coinbase. Memecoin trading has become a key battleground as rival exchanges — including Coinbase … Read more
BTC dominance Rising, Cool CPI boosts Markets, Coinbase delists memes
Crypto rally post CPI fails to hold. BTC dominance hits 4-year high. ETH/BTC hits 5 year low. ETH drops out of top 20 revenue protocols. Stablecoin market cap surpasses ETH market cap. SEC delays options on Fidelity ETH ETF. Fed classifies BTC as a ‘hard reserve asset’. UAE sovereign fund invests $2bn in Binance. Ripple … Read more
Digital Euro Awareness Has Risen, But Interest in Using One Has Not: ECB
Polling of 19,000 households across 11 EU countries revealed that many people are perfectly happy with the payment methods they already use.
U.S. Senate Takes First Big Step to Advance Stablecoin Bill
The U.S. Senate Banking Committee has advanced the crypto industry’s stablecoin regulation bill, a first major step toward getting the effort to President Donald Trump’s desk to be signed into law. With its first committee approval, the bill that would regulate U.S. stablecoin issuers at the federal level now needs passage by the overall Senate, … Read more
Bitcoin, S&P 500 Struggle Below Key Technical Level in Sign of Further BTC Price Drops
Bitcoin (BTC) continued to struggle on Thursday as it fought to stay above $80,000. The largest cryptocurrency by market cap is currently down 3% on the day. It has declined 13% in the first quarter and is about 30% off its all-time high from January. According to Glassnode data, short-term holders — investors who have … Read more
Dogecoin Flat as Top Solana Cat Coin Pops on Robinhood Listing
Top meme coins are bouncing as the broader market chops. Dogecoin is roughly flat, but Popcat and others are rising on Robinhood listings.
MoonPay acquires API stablecoin infrastructure platform Iron
Cryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount. According to a March 13 announcement, the acquisition will give MoonPay’s enterprise customers the ability to accept stablecoin payments instantly and at a low cost. Iron’s integration also … Read more
MoonPay Buys Stablecoin Infrastructure Platform Iron in Latest M&A Deal
Cryptocurrency app MoonPay, has acquired Iron, an API-focused stablecoin infrastructure platform, the company said in a press release Thursday. The acquisition will significantly increase Moonpay’s enterprise offerings, the Miami-based company said, and will allow businesses to accept stablecoin payments. No acquisition price was given, but a report said the deal was worth at least $100 … Read more