Today's Crypto and Bitcoin News
Get the latest updates on Bitcoin, altcoins, blockchain, Web3, cryptocurrency prices, DeFi, and more.
Hoskinson’s Bitcoin Price Prediction, Trump’s IRS DeFi Broker Repeal, and HashKey’s Staking Approval Spurs Market Dynamics: Apr 11
The global crypto market cap eased 0.90% to $2.57 trillion as 24‑hour volume plunged 38.54% to $103.17 billion, with stablecoins accounting for 95.77% of trading. Amid regulatory shifts—Trump’s repeal of the IRS DeFi broker rule and Paul Atkins’s SEC confirmation—Bitcoin on‑chain metrics and institutional staking developments are setting the stage for potential price rallies. Quick Take Crypto cap $2.57 T (−0.90%); 24 h volume $103.17 B (−38.54%); DeFi share 8.36%, stablecoins 95.77%. Trump signs IRS DeFi broker repeal; SEC drops Helium suit; Paul Atkins confirmed SEC Chair. Long‑term holders added 363 000 BTC since February; whales maintain near‑peak accumulation scores. HashKey gains HK approval for ETH staking on spot ETFs; tokenized gold cap nears $2 B amid safe‑haven flows. Analysts forecast Bitcoin to test $100 000 by year‑end, with potential upside to $250 000 by 2026 on renewed institutional inflows. Crypto Market Cap Declines to $2.57 T as Trading Activity Contracts Sharply Crypto Fear & Greed Index | Source: Alternative.me Over the past 24 hours, the total crypto market capitalization fell by 0.90% to $2.57 trillion, while trading volumes slumped 38.54% to $103.17 billion. DeFi protocols contributed $8.63 billion (8.36% of volume), but stablecoins dominated liquidity with $98.81 billion (95.77%). Bitcoin’s dominance dipped slightly to 62.41%, and the Fear & Greed Index plunged from 39 (“Fear”) to 25 (“Extreme Fear”), underscoring prevailing risk aversion among investors. Trump Repeals IRS DeFi Broker Rule and SEC Chair Confirmation Signals Pro‑Crypto Tilt Source: X On April 10, President Trump signed a joint resolution under the Congressional Review Act nullifying the Biden‑era IRS rule that would have classified DeFi platforms as brokers required to report user transactions. This first-ever congressional crypto victory was celebrated by industry groups, which argued the rule would have inundated the IRS and stifled innovation. Concurrently, the U.S. Senate confirmed Paul Atkins as SEC Chair in a 52–44 vote, marking a clear shift toward a “rational, coherent” digital asset regulatory framework after years of aggressive enforcement under Gary Gensler. Read more: Bitcoin Reclaims $83K, XRP ETF Sparks 13% Rally, Paul Atkins’ SEC Role Amid DXY Dynamics Bitcoin On‑Chain Accumulation: Whales and Long‑Term Holders Drive Supply Squeeze Bitcoin’s network health is underscored by significant accumulation from long‑term holders (LTHs), defined as addresses holding BTC for over three years. Since mid‑February, LTHs have added approximately 363 000 BTC to their wallets, absorbing sell‑side pressure and reducing available supply. This cohort’s growing reserves suggest confidence in Bitcoin’s mid‑ to long‑term value proposition, even as short‑term volatility persists. Whale addresses—those holding over 1 000 BTC—have also entered an intense accumulation phase. Mega‑whales (≥ 10 000 BTC) currently number 93 and reached a near‑perfect accumulation score in early April, indicating robust buying over a 15‑day window. This dynamic, combined with low spending from short‑term holders, points to a potential supply crunch that could amplify price moves when bullish catalysts emerge. Bitcoin Price Prediction Analysts are forecasting Bitcoin to retest the $100,000 level by year‑end as regulatory clarity and institutional products—such as staking and ETFs—attract fresh capital. More bullish projections, including by IOHK’s Charles Hoskinson, envision Bitcoin reaching $250,000 by 2026, driven by macroeconomic tailwinds, tariff‑induced inflation hedging, and broader adoption of digital assets. Read more: The History of Bitcoin Bull Runs and Crypto Market Cycles Helium Lawsuit Dismissal: SEC Drops Securities Claims, Clarifying Token Distribution Precedents The SEC dismissed with prejudice its lawsuit against Nova Labs, developer of the Helium network, which had accused the company of issuing unregistered securities via its HNT, IOT, and MOBILE tokens. The ruling affirms that selling hardware coupled with token incentives for network growth does not inherently constitute a securities offering—setting a critical precedent for future token distribution models. Read more: Top DePIN Crypto Projects to Know in 2025 HashKey’s Hong Kong Staking Approval: Institutional Yield on Ether ETFs Arrives Source: X On April 10, Hong Kong’s SFC authorized HashKey Group to provide ETH staking services on licensed virtual asset trading platforms and authorized funds. This landmark approval positions HashKey as one of the first regulated exchanges in Hong Kong to enable institutional investors to earn staking yields on spot Ether ETFs, enhancing the appeal of proof‑of‑stake assets and paving the way for similar U.S. approvals under the new SEC leadership. Tokenized Gold Touches $2 B Market Cap as Investors Flee Risk Assets Source: CoinDesk Tokenized gold has emerged as a top-performing sector, with its combined market cap surging to $1.98 billion—a 5.7% 24‑hour gain—mirroring physical gold’s record highs above $3 200/oz. Weekly trading volumes of Paxos Gold (PAXG) and Tether Gold (XAUT) have exploded by 900% and 300%, respectively, since January 20. Crypto‑native investors are increasingly using tokenized gold as a stable‑value hedge amid geopolitical tensions and tariff‑driven market turbulence. Read more: Unlocking RWA Tokenization in 2025: Key Trends, Top Use Cases & DeFi Insights Conclusion: Balancing Fear and Opportunity in a Shifting Regulatory Landscape Despite a pullback in overall market cap and volumes, underlying fundamentals—from robust on‑chain accumulation to pro‑crypto regulatory developments—point to a potential inflection. Trump’s repeal of the IRS DeFi broker rule, Atkins’s SEC confirmation, and HashKey’s staking green light in Hong Kong collectively signal a more favorable environment for digital assets. As Bitcoin eyes $100 000 and beyond, market participants will watch for macro and legislative catalysts to convert latent demand into the next bullish leg.
Bitcoin Reclaims $83K, XRP ETF Sparks 13% Rally, Paul Atkins’ SEC Role Amid DXY Dynamics
The global crypto market cap surged to $2.61 trillion (+8.13%), with 24‑hour volume spiking 46% to $170.7 billion. Bitcoin tested $83 000 on macro tailwinds, XRP jumped 13% post‑XXRP ETF launch, and Paul Atkins’ SEC confirmation signals a pro‑crypto regulatory shift as the DXY hovers near key levels. Quick Take Crypto cap at $2.61 T (+8.13%), volume $170.7 B (+46.04%); DeFi $11.0 B (6.45%), stablecoins $161.9 B (94.84%). BTC dominance 62.53% (−0.13%), testing $83 K; falling‑wedge pattern hints at $100 K upside if breakout holds. XXRP ETF debut on NYSE Arca and tariff pause fueled a 13% XRP rally above $2, though technicals warn of a potential $1.20 downside. Trump’s 90‑day tariff pause and DXY’s proximity to 100 underpin renewed risk appetite; historical DXY dips precede major BTC bull runs. Paul Atkins confirmed as SEC Chair promises clearer digital‑asset rules; Kalshi adds BTC deposits to expand prediction‑market offerings. Crypto Market Overview: Cap, Volume, and Sentiment Metrics The global crypto market capitalization stands at $2.61 trillion, marking an 8.13% increase over the past 24 hours. Trading activity has intensified dramatically, with total 24‑hour volume surging 46.04% to $170.68 billion. Crypto Fear & Greed Index | Source: Alternative.me Within this, DeFi protocols contributed $11.01 billion (6.45%), while stablecoins dominated at $161.88 billion—94.84% of total volume. Bitcoin’s market share dipped marginally to 62.53%, and the Crypto Fear & Greed Index jumped from 18 (“Extreme Fear”) to 39 (“Fear”), underscoring a shift toward risk‑on sentiment. Macro and Geopolitical Developments Driving Crypto Volatility President Trump’s announcement of a 90‑day pause on reciprocal tariffs for non‑retaliating nations sent ripples through both equities and crypto markets. While the S&P 500 jumped nearly 8%, Bitcoin responded with a 5–9% surge in minutes, highlighting crypto’s growing sensitivity to trade policy. Conversely, China’s retaliatory tariff hike to 125% on US goods underscores persistent geopolitical friction, fueling flight‑to‑crypto narratives as a hedge against traditional market volatility. In Buenos Aires, Argentina’s Chamber of Deputies approved a probe into President Javier Milei’s promotion of the LIBRA memecoin—a token that briefly reached a $4 billion market cap and allegedly scammed over 40,000 investors. This high‑profile investigation spotlights global regulatory scrutiny of influencer‑driven token promotions and underscores the need for clearer guidelines—foreshadowing the SEC’s potential pivot under new leadership. Read more: From $4.56B Peak to 94% Crash: Milei’s LIBRA Endorsement Triggers $107M Insider Exit Bitcoin Technical Outlook: Falling‑Wedge Pattern and On‑Chain Support BTC/USDT price chart | Source: KuCoin Bitcoin’s price reclaimed the $83 000 level for the first time since April 6, driven by the tariff‑pause‑fueled rally in US equities. Spot BTC rose over 8% intraday, briefly touching $83 500 before consolidating. Derivatives Signal Cautious Optimism Futures Premium: Briefly exceeded the neutral 5% threshold, indicating balanced long/short positioning. Options Delta Skew: Shifted from a bearish +12% to a neutral +3%, suggesting put‑call premiums are even, a marked improvement from late‑March pessimism. Glassnode metrics place critical support between $65,000–$71,000, where active realized price and true market mean converge. Historically, Bitcoin spends equal time above and below this band; holding here is essential for bulls aiming to validate a falling‑wedge breakout and target $100,000 by mid‑year. Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025 XRP ETF Launch and Price Dynamics: From Breakout to Breakdown Risk XRP/USDT price chart | Source: KuCoin The XXRP ETF launched on NYSE Arca on April 8, drawing $5 million in first‑day volume and propelling XRP up 13% to $2.01. This leveraged ETF aims to amplify daily XRP returns, attracting both retail and institutional inflows amid broader market optimism. Despite the ETF buzz, XRP’s daily chart reveals a descending triangle since December 2024. The pattern resolved with a breakdown below $2 on April 6, projecting a 33% drop to $1.20. Key intermediate supports lie at $1.81 and $1.71, with a potential final low around $1.55 if bearish momentum persists. Read more: Teucrium’s 2× XRP ETF Posts $5 Million Day-One Volume; Standard Chartered Sees XRP at $5.50 by 2025 and $12.50 by 2028 Trade Tensions, DXY Movements, and Crypto Sentiment DXY | Source: TradingView Trump’s 90‑day tariff reprieve for non‑Chinese imports ignited an 8% rally in both the S&P 500 and Bitcoin, underscoring crypto’s increasing correlation with macro risk assets. The US Dollar Index (DXY) currently hovers around 104, near the psychologically pivotal 100 level. Historical dips below 100—June 2020 and April 2017—preceded BTC rallies of over 500% within eight to nine months. Reports of China curbing dollar purchases to support the yuan add fuel to speculation that a weaker DXY could catalyze another major crypto upswing. Paul Atkins’ SEC Confirmation: Implications for Crypto Regulation Paul Atkins is the new SEC chair | Source: X On April 9, the Senate confirmed Paul Atkins as SEC Chair in a 51–45 vote. A former SEC commissioner (2002–2008) and co‑chair of the Token Alliance, Atkins is renowned for his pro‑crypto stance. His stated priorities include: Regulatory Clarity: Establishing coherent, principle‑based guidelines for digital assets. Enforcement Balance: Reducing litigation uncertainty by refining the SEC’s Crypto Task Force approach. Market Innovation: Encouraging token registration pathways to foster compliant blockchain projects. Atkins’ tenure could mark a pivot from the enforcement‑heavy era under Gary Gensler to a more dialogue‑oriented regime, potentially unlocking new growth avenues for crypto firms. Kalshi Integrates Bitcoin Deposits to Capture Crypto‑Native Users Prediction‑market platform Kalshi, regulated by the CFTC, announced BTC deposit support on April 9, complementing its existing USD Coin rails. Highlights include: $143 Million in volume on BTC‑settled event contracts (e.g., hour‑by‑hour BTC price movements). Seamless on‑ramp via ZeroHash infrastructure, converting BTC deposits to USD for contract participation. Expansion of 50+ crypto‑related markets, from 2025 price highs/lows to political event outcomes. By catering to crypto‑native traders, Kalshi aims to diversify its user base beyond traditional derivatives, leveraging digital‑asset liquidity and engaging a new cohort of market participants. Read more: Top 7 Decentralized Prediction Markets to Watch in 2025 Conclusion: Balancing Bullish Catalysts with Technical and Macro Risks The crypto market’s recent upswing—fueled by trade‑policy developments, ETF innovation, and regulatory shifts—demonstrates its maturing interplay with macroeconomic forces. Bitcoin’s technical setup offers upside potential toward $100 000, while XRP’s ETF‑driven spike carries significant breakdown risks. As Paul Atkins assumes the SEC helm and platforms like Kalshi deepen crypto integrations, the sector stands at a crossroads: poised for institutional expansion yet vulnerable to geopolitical and technical headwinds. Investors should weigh these catalysts against persistent DXY volatility and pattern breakdown threats to navigate the next phase of crypto’s evolution. Read more: Unlocking RWA Tokenization in 2025: Key Trends, Top Use Cases & DeFi Insights
Bitcoin Holds $76K Support, XRP and SUI ETFs Signal Institutional Appetite: Apr 9
A broad sell‑off drove the crypto market cap down 5.56% to $2.4 trillion, with volume plummeting 42.15% to $116.4 billion. Bitcoin steadied around $76 K while the first leveraged XRP ETF and a proposed SUI ETF highlight growing institutional products. Quick Take Market cap contraction amid extreme fear; stablecoins still account for 94.86% of 24‑hour volume. Bitcoin’s volatility squeeze and macro pressures test its $76 K support level. Ripple’s $1.25 B Hidden Road buy and Teucrium’s 2× XRP ETF deepen institutional integration. Cboe’s SUI ETF filing underscores rising demand for Layer‑1 altcoin funds. RedStone’s 2.4 ms MegaETH oracle enhances on‑chain price‑feed speed for DeFi. Crypto Market Overview Crypto Fear & Greed Index | Source: Alternative.me The total crypto market capitalization fell to $2.4 trillion, down 5.56% in 24 hours, as investors retreated amid extreme fear (Fear & Greed Index: 18). Daily trading volume collapsed 42.15% to $116.41 billion, led by stablecoins at $110.43 billion (94.86%) and DeFi protocols at $8.49 billion (7.29%). Bitcoin dominance slipped slightly to 62.65%, reflecting selective buying of the largest asset. Major Exchange and Regulatory Moves Shake Confidence Binance’s Purge of 14 Low‑Quality Tokens: On April 16, Binance will delist tokens such as Badger (BADGER), Cream Finance (CREAM), and NULS, following community “vote to delist” results and a review of liquidity, development activity, and compliance with stricter listing criteria. This aggressive cleanup aims to bolster overall platform quality but may unsettle holders of smaller projects. Ripple’s Strategic Acquisition of Hidden Road: Ripple’s $1.25 billion takeover of prime broker Hidden Road positions the firm as the largest non‑bank prime broker globally. By integrating its RLUSD stablecoin and the XRP Ledger into Hidden Road’s clearing operations—processing over $3 trillion annually—Ripple seeks to streamline cross‑border settlement and showcase institutional-grade blockchain utility. Satoshi Nakamoto FOIA Lawsuit Sparks Debate: Crypto attorney James Murphy filed a FOIA request against the U.S. Department of Homeland Security, seeking documents related to an alleged 2019 meeting between DHS agents and Bitcoin’s creator(s). The lawsuit highlights ongoing fascination with Bitcoin’s origins and may pressure U.S. agencies to disclose internal records. Bitcoin’s Technical Test at $76 K Amid Macro Headwinds BTC/USDT price chart | Source: KuCoin Bitcoin’s price has compressed into a tight trading range around $76 K, forming a volatility squeeze that often precedes a sharp breakout or breakdown. With weekly closes below $92 K still elusive, traders watch for a decisive move to confirm next directional bias. U.S.–China trade tensions, new tariffs, and rising Treasury yields have increased risk‑off sentiment, maintaining Bitcoin’s correlation with equities. Yet some strategists argue that prolonged fiscal strain—like rolling over $9 trillion in U.S. debt—could ultimately drive demand for BTC’s fixed supply, especially if the dollar weakens further. Ripple’s Institutional Push and the Debut of a Leveraged XRP ETF Ripple will leverage Hidden Road’s infrastructure to deploy RLUSD as collateral across prime brokerage services, reducing settlement times from 24 hours to near‑instant via the XRP Ledger. This move could accelerate institutional use of stablecoins in traditional markets. Details of Teucrium’s XRP ETF | Source: Teucrium Teucrium’s XXRP ETF on NYSE Arca offers 2× leveraged exposure to XRP, charging a 1.85% management fee. Launching before a standard spot XRP ETF is approved, XXRP reflects confidence in XRP’s market potential but carries elevated risk due to leverage and the token’s price volatility. Read more: What Is an XRP ETF, and Is It Coming Soon? First‑Mover SUI ETF Filing Highlights Altcoin ETF Trend Canary Capital’s SUI ETF application with the SEC, if approved, would introduce the first U.S. fund holding Sui Network’s native token (market cap ~$6.5 billion). Sui’s high TVL ($1.1 billion in DeFi) and developer‑friendly Move framework make it a compelling candidate for institutional products. Following filings for Solana, Litecoin, and Hedera ETFs, the SUI proposal underscores growing institutional interest in diversified crypto exposure beyond BTC and ETH. Yet some analysts caution that demand for altcoin ETFs may lag until clearer regulatory guidelines emerge. RedStone’s MegaETH Oracle: Pushing Latency to 2.4 ms RedStone’s new push‑based oracle on MegaETH delivers on‑chain price updates every 2.4 milliseconds by co‑locating nodes directly on the network. This “co‑location” minimizes latency from server distance, critical for high‑frequency DeFi strategies and automated trading. Read more: RedStone (RED) Project Report Initially on MegaETH, RedStone plans to expand its low‑latency oracle to additional EVM‑compatible networks, sourcing data from centralized exchanges and, eventually, decentralized venues. As DeFi TVL nears $88 billion, efficient oracles will be key infrastructure for next‑generation financial applications. Read more: What Is MegaETH, the Vitalik-Backed Ethereum Layer‑2 Blockchain? Conclusion: Navigating Uncertainty with Institutional Innovations Amid a sharp pullback and pervasive market fear, Bitcoin’s ability to hold support near $76 K will be a barometer for broader crypto resilience. Meanwhile, institutional developments—from Ripple’s prime broker acquisition to the first leveraged XRP ETF and SUI ETF filing—signal deepening integration of digital assets into traditional finance. Infrastructure advancements like RedStone’s ultra‑low‑latency oracle further strengthen DeFi’s foundations. As regulatory clarity and macro conditions evolve, these institutional products and technical innovations may help steer the next phase of crypto market recovery.
Bitcoin Slides to $78K as Trump’s Tariffs Spark 7.7% Crypto Market Decline: Apr 7
Global crypto capitalization slid to $2.46 trillion after US tariffs and hawkish Fed commentary triggered widespread selling, even as trading volume exploded by 161.93% to $110.97 billion. Key metrics include Bitcoin dominance rising to 62.74% and the Crypto Fear & Greed Index plunging to 23 (extreme fear). Quick Take Total crypto market cap fell more than 8% to around $2.5 trillion as Bitcoin dipped below $80 K. Kalshi traders now price a 61% chance of a US recession in 2025 following tariff announcements. Nearly 400 000 FTX creditors risk losing $2.5 billion in repayments if they miss the extended June 1 KYC deadline. Decentralized exchanges continue to gain share, with Hyperliquid ranking 12th in open interest despite a $6.2 million exploit. Over $675 million in long positions were liquidated in the past 12 hours amid heightened volatility. Crypto Market Overview The total crypto market cap stands at $2.46 trillion, marking a 7.66% decrease over the last 24 hours. Meanwhile, 24‑hour trading volume surged 161.93% to $110.97 billion, driven largely by stablecoins which accounted for $104.4 billion (94.08% of volume). DeFi protocols contributed $6.24 billion, or 5.63% of total volume. Crypto Fear & Greed Index | Source: Alternative.me Bitcoin’s dominance has ticked up 0.75% to 62.74%, underscoring its relative resilience. Investor sentiment has deteriorated sharply: the Crypto Fear & Greed Index plunged to 23 (extreme fear) on Monday from 34 (fear) on Sunday. Crypto Market Developments Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. US stock futures opened sharply lower—S&P 500 futures sank nearly 4%, while Dow Jones futures plunged over 8%. The sell‑off spilled into crypto, triggering forced liquidations of roughly $675 million in long positions across major exchanges within 12 hours. President Trump’s “medicine” rhetoric around sweeping new tariffs rattled global risk assets. Some traders now anticipate a possible delay as affected trading partners lobby for exemptions, but the uncertainty has amplified downside risks in both equities and crypto. Despite the downturn, prominent voices like BitMEX co‑founder Arthur Hayes argue that this deleveraging could clear excess leverage and set the stage for a renewed Bitcoin rally once liquidity returns to the market. Cypherpunk Jameson Lopp warned of rising Bitcoin address poisoning attacks, where scammers generate look‑alike addresses matching victims’ past transactions. He urged wallet providers to fully display addresses and users to manually verify every destination string before sending funds. A recent court filing shows 392 000 FTX creditors risk losing $2.5 billion in repayments if they fail to complete mandatory KYC by June 1. Smaller claims under $50 000 account for $655 million, while larger claims total $1.9 billion. Affected users should re‑submit documentation through FTX’s support portal to preserve their claims. Pershing Square’s Bill Ackman suggested President Trump might postpone the April 5 tariffs to allow time for trade negotiations, noting that “practical reality is there is insufficient time for deals” before implementation. Ethereum’s Pectra upgrade is scheduled for May 7, promising faster, cheaper transactions. The SEC accepted Fidelity’s Solana ETF application, and BlackRock engaged with regulators on in‑kind ETF redemptions. Bitcoin Price Holds Key $76 K Support Amid Volatility Squeeze BTC/USDT price chart | Source: KuCoin Bitcoin displayed notable resilience during this week’s broad market sell‑off, falling just over 6% in 24 hours to test the $76 000 support level before mounting a recovery to around $78 500. Many traders view the dip below $76 000 as a potential “fake breakdown,” given that bids reemerged swiftly at that threshold. A successful weekly close above $92 000 is now the critical technical signal that would confirm the end of this correction and the resumption of Bitcoin’s uptrend. Meanwhile, realized volatility for BTC has contracted even as the CBOE Volatility Index (VIX) for equities surged to multi‑year highs. This divergence indicates that Bitcoin is entering a volatility squeeze, a pattern that historically precedes significant directional moves. Sentiment is split: bearish macro traders warn that escalating tariff tensions and recession odds could drive further declines, while optimistic analysts argue that the capitulation of over‑leveraged longs and the influx of stablecoin liquidity set the stage for a sharp rebound. With Bitcoin dominance rising to 62.74%, many market participants are positioning for a decisive breakout in the weeks ahead. 61% Likelihood of a US Recession: Kalshi Kalshi, a US‑regulated prediction market, saw traders sharply increase their bets on an economic downturn, with the probability of a US recession in 2025 climbing to 61%—up from roughly 30% just two weeks earlier. On Kalshi, users buy and sell contracts that pay out based on whether specified events occur, in this case, two consecutive quarters of negative GDP growth as defined by the US Department of Commerce. The sudden spike in recession odds highlights traders’ growing unease over the fallout from President Trump’s tariff measures and their potential to choke off trade and corporate investment. Polymarket forecasts 63% chance of a US recession in 2025 | Source: Polymarket These elevated recession probabilities on Kalshi closely track those on Polymarket, another leading prediction platform, underscoring a broad-based 63% consensus among speculators that policy‑driven market shocks could tip the US economy into contraction. Institutional and retail participants alike have responded to the recent equity and crypto sell‑off by reallocating capital toward downside‑protection contracts, making Kalshi’s contracts a bellwether for real‑time sentiment on macroeconomic risks. Read more: Top 7 Decentralized Prediction Markets to Watch in 2025 FTX Repayment Deadline Threatens $2.5 B for Unverified Creditors A recent US Bankruptcy Court filing reveals that 392 000 creditors of bankrupt exchange FTX risk having $2.5 billion in claims disallowed if they do not complete the mandatory KYC verification by June 1, 2025. Under the court’s schedule, claims under $50 000—totaling $655 million—and larger claims amounting to $1.9 billion will be expunged in full for non‑compliance. FTX’s recovery plan anticipates distributing at least 118% of original claim values in cash to 98% of verified creditors, making timely verification critical. Affected users should log into FTX’s support portal, create or access their account, and re‑upload required identity documents to preserve their repayment rights. Failure to meet the deadline will permanently forfeit these substantial sums. DEX Growth Persists Despite $6.26 Million Hyperliquid Exploit DEXs’ trading volume | Source: DefiLlama Decentralized exchanges (DEXs) have steadily eroded the market share of centralized platforms, driven by traders’ desire for non‑custodial access and innovative derivatives products. According to CoinGecko, DEXs now account for a growing slice of on‑chain trading volume, with platforms like Uniswap and PancakeSwap leading in spot liquidity. In the derivatives space, Hyperliquid has climbed to 12th place globally by open interest, boasting over $3 billion in outstanding positions—outpacing legacy venues such as Kraken and BitMEX. However, the rapid ascent of DEXs comes with heightened risks, as illustrated by a $6.26 million exploit on Hyperliquid’s Jelly my Jelly (JELLY) memecoin market. An anonymous whale manipulated the platform’s liquidation parameters by opening offsetting long and short positions, pocketing the difference when the protocol’s risk engine failed to liquidate a massive short in time. This incident, the second major breach on Hyperliquid in March, underscores the fragility of automated smart‑contract mechanisms. Analysts warn that post‑exploit interventions—such as emergency freezes or centralized rollbacks—may erode the trust that underpins the decentralized ethos, potentially slowing DEX adoption unless governance frameworks and code audits are strengthened. Read more: What Is DEX Screener and How to Use It for Crypto Trading? Conclusion This week’s tariff‑driven sell‑off underscores the sensitivity of crypto to macro policy and regulatory shifts. While near‑term volatility remains elevated, Bitcoin’s resilience, burgeoning DeFi volumes, and institutional ETF progress suggest that strategic entry points may arise once uncertainty abates. Stakeholders should monitor key technical levels, KYC deadlines, and regulatory developments to navigate the evolving market landscape.
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.
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
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?
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
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
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
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.
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.
10 Best Crypto Airdrops in March 2025: Earn Free Tokens from Top Projects
Introduction Crypto airdrops offer an exciting chance to earn free tokens from innovative blockchain projects. March 2025 features many promising airdrops enabling users to get early exposure to top crypto assets. Below is a comprehensive breakdown of the top 10 crypto airdrops in March 2025 with tokenomics detailed project overviews, signup links and actionable tips. Crypto airdrops give you free tokens and a chance to join innovative blockchain projects early. These programs reward users who secure networks and boost community engagement. Developers use testnets and social tasks to distribute tokens fairly. Technical innovation and strong funding back many of these projects. Stay active and check official channels to earn your rewards. Read more: What Is a Crypto Airdrop, and How Does It Work? Quick Take March 2025 airdrops reward early adopters who support network security and growth Each project has clear tasks and joining steps to earn tokens Make sure to check official sites and token addresses to verify details before participating in any airdrops. What are Crypto Airdrops? Crypto airdrops are free token distributions from blockchain projects. They reward early adopters who complete specific tasks or join community events. Airdrops help projects build secure networks and engage users from the start. They often use testnets, social media, and referral programs to allocate tokens fairly. This method gives users a chance to gain exposure to emerging projects without an upfront investment. You can check the latest airdrop information on the KuCoin airdrop calendar. 1. Nexus – Scalable Layer 1 Blockchain for Mass Adoption Airdrop Date: March 2025Signup: app.nexus.xyz What Is Nexus? Nexus is a next-generation Layer 1 blockchain designed for horizontal scaling and mass adoption. Nexus achieves scalability using zero-knowledge virtual machines (zkVM) and a robust node-orchestrator architecture. Users earn NEX points by providing computational resources through Nexus’s web or CLI platforms. Nexus (NEXT) Tokenomics Token: NEX Supply: 1 Billion tokens Airdrop: 10% community allocation Vesting: 6-month lockup period after token conversion 2. Sonus – Liquidity Hub on Soneium Blockchain Airdrop Date: March 2025Signup: sonus.fi What Is Sonus? Sonus is an AMM liquidity platform built on the Soneium blockchain leveraging Uniswap v3 technology. Sonus incorporates a vote-lock governance mechanism rewarding community-driven decisions. Users providing liquidity or participating in governance earn SONUS tokens. SONUS Tokenomics Token: SONUS Supply: 500 Million tokens Airdrop: 12% distributed through liquidity and governance participation Vesting: Monthly token unlocks over 6 months 3. Wayfinder – AI Tool for Blockchain Navigation Airdrop Date: March 2025Signup: wayfinder.xyz What Is Wayfinder? Wayfinder allows AI agents to autonomously interact with blockchain networks. It uses two tokens PROMPT and PRIME with PROMPT specifically fueling AI transactions and incentivizing users. Wayfinder belongs to the Echelon Prime gaming ecosystem supporting cross-chain interactions. PROMPT Tokenomics Token: PROMPT (Utility) PRIME (Governance) Supply: PROMPT – 1 Billion tokens Airdrop: 40% reserved (39% to PRIME stakers 1% directly to early adopters) Vesting: 20% immediate remainder vested monthly over 12 months 4. Kaito AI – Web3 Social Media and Crypto Analytics Platform Airdrop Date: March 2025 (Expected)Signup: kaito.ai What Is Kaito AI? Kaito AI helps investors analyze crypto trends by tracking sentiment across social media and Web3 platforms. Its new initiative Yaps rewards active users and influencers on X (formerly Twitter) through points convertible into tokens. Kaito AI is rapidly becoming an essential tool for traders seeking market insights. KAITO Tokenomics (Projected) Token: KAITO (expected) Supply: 250 Million tokens (est.) Airdrop: 10% allocated to social engagement through Yaps points Vesting: Linear vesting expected post-launch Buying Kaito AI Tokens You can conveniently trade and invest in KAITO tokens on KuCoin. KuCoin provides deep liquidity secure trading and user-friendly services perfect for acquiring this promising crypto asset. 5. Grass – Decentralized Internet Bandwidth Sharing Network Airdrop Date: Ongoing (Phase 2: March 2025)Signup: grass.io What Is Grass Network? Grass is a decentralized physical infrastructure network (DePIN) allowing users to earn passive income by securely sharing idle internet bandwidth. Verified entities utilize this bandwidth primarily for AI cloud computing and decentralized services. Grass ensures privacy via zero-knowledge proofs and has seen over 2 million active users since launch. Learn more about how Grass Network works. GRASS Tokenomics Token: GRASS Supply: 1 Billion tokens Airdrop: Phase 2 allocation is 17% Vesting: Quarterly claims after initial distribution Buying Grass Tokens To easily trade GRASS tokens use KuCoin. As a top global crypto exchange KuCoin offers secure transactions and a smooth trading experience ideal for buying and trading GRASS tokens. 6. RetroBridge – Multi-chain Token Bridging Platform Airdrop Date: March 2025Signup: retrobridge.io What Is RetroBridge? RetroBridge allows seamless token bridging across Ethereum, Bitcoin, Solana, TRON, TON and Sui blockchains. Users can earn Retro Points by transferring tokens across blockchains social interactions and playing RetroBridger games. A new RetroMarket will soon convert these points into tradable tokens. RETRO Tokenomics Token: RETRO Supply: 500 Million tokens Airdrop: 15% allocated to Retro Points holders Vesting: Monthly token unlock schedule 7. WalletConnect – Secure dApp Wallet Connectivity Airdrop Eligibility Check: March 2025Signup: walletconnect.com What Is WalletConnect? WalletConnect streamlines secure interactions between crypto wallets and decentralized applications (dApps). The new WCT token powers the ecosystem governance security incentives and fees. Participants in Season 1 (ending late 2024) can claim tokens from March 2025. WCT Tokenomics Token: WCT Supply: 1 Billion tokens Airdrop: 50 Million WCT (5%) Season 1 Vesting: Linear 6-month schedule Learn more about WalletConnect (WCT) tokenomics in our project report. 8. Rainbow Wallet – User-Friendly Ethereum Ecosystem Wallet Source: https://rainbow.me/ Airdrop Date: March 2025Signup: rainbow.me What Is Rainbow Wallet? Rainbow Wallet offers a secure, enjoyable Ethereum and EVM-compatible wallet experience ideal for managing NFTs and tokens. Users gain points through swapping tokens bridging or referrals potentially exchangeable for tokens. RAIN Tokenomics (Projected) Token: RAIN (Expected) Supply: 500 Million tokens Airdrop: ~10% community rewards Vesting: Likely immediate token claims upon release 9. Bracket – DeFi Liquid Staking Solution Source: BracketFi Airdrop Date: March 2025Signup: bracket.finance What Is Bracket? Bracket simplifies staking by providing liquid staking derivatives allowing users flexibility without asset lockups. Users actively staking on Bracket earn eligibility for BRKT tokens. BRKT Tokenomics Token: BRKT Supply: 400 Million tokens Airdrop: 8% community incentives Vesting: Gradually unlocked over 3 months 10. Celestia – Modular Blockchain for Data Availability Source: Celestia Airdrop Date: Multiple ongoing (March 2025)Signup: celestia.org What Is Celestia? Celestia specializes in data availability services for rollups and Layer 2 blockchains using Cosmos SDK and Tendermint consensus. Several Layer-2 platforms like Saga Dymension AltLayer and Manta Network reward Celestia TIA stakers with frequent airdrops. TIA Tokenomics Token: TIA Supply: 1 Billion tokens Airdrop: Ongoing via Layer-2 partners for TIA stakers Vesting: Usually immediate eligibility upon snapshot How to Maximize Your Chances of Success in Airdrops Stay Updated: Follow official project channels on Twitter, Telegram, and Discord for timely announcements and updates. Complete All Tasks: Finish every required action, such as joining channels, referring friends, or using the platform. Each step boosts your chances. Act Early: Airdrop campaigns have strict deadlines. Participate as soon as possible to secure your spot. Use a Separate Wallet: Use a dedicated crypto wallet for airdrops to keep your main assets secure and reduce exposure to spam. Verify Legitimacy: Always confirm the authenticity of an airdrop before sharing personal details to avoid scams and protect your private keys. Conclusion Participating in these top March 2025 crypto airdrops provides significant opportunities to earn valuable tokens from cutting-edge blockchain projects. Take advantage of buying opportunities on platforms like KuCoin for assets such as Kaito AI and Grass. Always verify project legitimacy, engage responsibly and position yourself to benefit from these exciting crypto airdrops.
Litecoin at $102: 5.7% 24-Hour Decline Sparks Accumulation Debate Amid Key Support Levels
At the time of writing, Litecoin (LTC) is trading around $102, marking a 5.7% decline in the past 24 hours. Despite this recent drop, traders remain divided as technical indicators and on-chain metrics hint at both accumulation opportunities and short-term bearish pressures. Quick Take Litecoin is trading around $102, reflecting a 5.7% decline in the past 24 hours. Many traders still view short-term dips as opportunities to accumulate LTC, bolstered by Litecoin ETF approval hopes. Immediate support remains between $92 and $100, with a significant emphasis on maintaining the 200D-EMA. Record hash rates and declining exchange reserves indicate underlying network strength. Upcoming policy discussions and global trade dynamics continue to shape LTC’s market sentiment. After a period of significant volatility, Litecoin has rebounded from its recent dip below $100 and is now trading around $102. While this 5.7% decline over the past day has raised concerns among some investors, many see it as a transient correction within a broader accumulation phase. Earlier bullish sentiment driven by potential spot LTC ETF filings and resilient performance in February still lingers, although external factors—such as policy shifts and global trade dynamics—continue to influence LTC's price trajectory. Litecoin Technical Analysis: Key Support and Resistance LTC/USDT price chart | Source: KuCoin Litecoin’s technical landscape remains a focal point for traders. The asset has recently traded above the critical 200-day exponential moving average (200D-EMA), a line it has held since early November 2024. Despite the 24-hour drop, immediate support still appears robust in the $92–$100 range, with further backing near the $80–$88 level. The relative strength index (RSI) remains a cautionary signal, having dipped close to 38 during previous declines, which suggests that if momentum fades further, the price could test lower support levels. LTC’s On-Chain Metrics and Bullish Indicators Remain Steady Litecoin’s hashrate crossed 2.6 PH/s on March 6 | Source: CoinWarz Even with the recent 5.7% drop, several on-chain and technical indicators continue to signal underlying strength: Record Hash Rate: Litecoin’s mining activity remains robust, with the hash rate at record highs, underscoring long-term network security and miner confidence. Declining Exchange Reserves: A reduction in LTC held on exchanges indicates a trend toward long-term holding, which could mitigate selling pressure. Oversold Conditions: While the RSI had previously shown oversold levels, current adjustments are closely monitored by traders who see these signals as a precursor to potential recovery. These factors suggest that despite short-term bearish sentiment, the fundamental strength of Litecoin could pave the way for a rebound. Read more: How to Mine Litecoins: The Ultimate Guide to Litecoin Mining Policy Impact and Global Developments External developments continue to affect Litecoin’s short-term sentiment. Its earlier exclusion from the U.S. Crypto Strategic Reserve and heightened short positions remain a focal point. With the White House Crypto Summit on the horizon and significant industry players like Ripple CEO Brad Garlinghouse and Coinbase CEO Brian Armstrong set to attend, the market is watching closely for any regulatory or policy shifts. These discussions are expected to influence investor behavior, particularly for assets like Litecoin that straddle the line between opportunity and vulnerability in a dynamic market. Litecoin’s Outlook and Price Forecast Given the current trading environment, Litecoin’s immediate path is likely to hinge on maintaining support near $100: Sustained Support: Holding above key support levels is crucial. A breach below these thresholds could invite further selling pressure. Potential for Rebound: Should buying interest intensify, LTC might rally from its current $102 level toward resistance zones around $110 and $120. Market Sentiment: A decisive bounce above the 200D-EMA could trigger a short squeeze, while sustained short-term selling may test lower supports near $85. Read more: Litecoin (LTC) Surges Past $131 on .ltc Domain Launch – Targeting a $160 Breakout by March For investors, the current environment underscores a dual narrative: cautious optimism amidst short-term volatility and long-term accumulation prospects. As Litecoin navigates these complex market conditions, traders and investors are advised to monitor both technical signals and regulatory updates closely. While the recent decline to $102 may signal caution, the broader accumulation narrative and robust on-chain fundamentals continue to offer potential upside for those with a long-term perspective.
Ethereum Pectra Upgrade Nears Mainnet: Validator Stake Cap Rises from 32 ETH to 2,048 ETH
Ethereum’s groundbreaking Pectra upgrade, featuring 11 major improvements, has successfully passed the Sepolia testnet with key updates such as raising the validator stake limit from 32 ETH to 2,048 ETH and enabling smart contract functionality for wallets. Despite promising progress, recent testnet misconfigurations and market volatility have raised concerns over the final timeline for the mainnet deployment. Quick Take Pectra includes 11 key Ethereum Improvement Proposals (EIPs) aimed at enhancing staking, wallet functionality, and overall network efficiency. EIP-7251 increases the maximum stake from 32 ETH to 2,048 ETH, streamlining the staking process and potentially reducing infrastructure costs. EIP-7702 enables wallets to function as smart contracts, allowing for stablecoin fee payments and automated transactions. Although the Sepolia testnet deployment was a milestone, misconfigurations leading to empty blocks have raised concerns about the mainnet timeline. Following a recent price rebound from $1,996 to $2,260, Ethereum’s upgrade is expected to drive increased institutional adoption amid market volatility. Changes Expected in the Ethereum Pectra Upgrade Ethereum’s long-anticipated Pectra upgrade represents the most significant enhancement to the network since 2024. This comprehensive update integrates 11 Ethereum Improvement Proposals (EIPs) designed to boost staking efficiency, improve wallet functionalities, and enhance overall network performance. One of the standout components of the Pectra upgrade is EIP-7251, which increases the maximum ETH that can be staked per validator from 32 ETH to an impressive 2,048 ETH. This adjustment streamlines the staking process by eliminating the need for splitting stakes across multiple nodes and has the potential to reduce infrastructure costs by up to 50%. Equally transformative is EIP-7702, which introduces smart contract capabilities for wallets. This feature is set to revolutionize user experience by allowing wallets to process transactions in stablecoins, enable automatic recurring payments, and offer enhanced security measures like simplified recovery options. Read more: What Is Ethereum Pectra Upgrade Set to Launch in March 2025? Testnet Trials: Sepolia’s Successful Milestone and Holesky’s Critical Misconfigurations The journey toward mainnet deployment has encountered both milestones and hurdles. On March 5, Pectra was successfully deployed on the Sepolia testnet at 07:29 UTC, with validators achieving a perfect proposal rate—a promising sign for the upgrade's robustness. However, misconfigurations with a custom deposit contract led to the propagation of empty blocks shortly after launch. This technical glitch mirrors previous issues encountered on the Holesky testnet, where validator misconfigurations resulted in a temporary chain split and subsequent delays. Developers are actively monitoring these anomalies, with critical meetings scheduled to determine the mainnet release timeline. While the technical progress is encouraging, some experts advocate for additional testing to ensure stability, especially as Ethereum faces stiff competition from emerging networks like Solana. Ethereum Rebounds Above $2,200 Amid Market Volatility ETH/USDT price chart | Source: KuCoin The upgrade comes at a time when Ethereum's price performance is a focal point for investors. ETH prices recently rebounded sharply from a low of $1,996, climbing to around $2,260—a 12% jump over 24 hours. However, despite this recovery, Ethereum has faced broader market volatility and underperformance relative to competitors, adding an extra layer of scrutiny to the upgrade's potential impact on market sentiment. Investors are now watching closely to see if the technical enhancements introduced by Pectra can translate into more sustained price gains and improved network activity. How Will the Pectra Upgrade Impact Ethereum Price? Beyond its technical merits, the Pectra upgrade is a strategic move to bolster institutional interest in Ethereum. Enhanced staking flexibility is paving the way for the possibility of the first staked Ether ETFs, which could attract significant institutional capital. This move may help alleviate some bearish sentiment, particularly as ETH has recently underperformed relative to other major cryptocurrencies. As Ethereum developers work to resolve the remaining technical challenges, the community remains optimistic that the Pectra upgrade will not only fortify the network’s infrastructure but also reinvigorate investor confidence, setting the stage for Ethereum’s next chapter in market dominance and innovation. Read more: Ethereum 2.0 Upgrade: A New Era for Scalability and Security
Bitcoin Surges to 88K Amid Trade Tensions, WhiteRock's 71% Rally, and Trump’s Crypto Summit Featuring Coinbase, Chainlink, Robinhood & Exodus: Mar 5
As of March 5, 2025, Bitcoin is trading at approximately $87,518.25, reflecting a +0.62% increase over the past 24 hours. Ethereum is priced around $2,185.96, up +0.68% in the same period. This article reviews rapid shifts in the crypto market on March 5, 2025. Bitcoin has rebounded from a 10% drop, supported by key technical signals such as a $10,000 daily candle and a significant CME futures gap. Meanwhile, the US crypto reserve plan confirmed by President Donald Trump is expected to include major cryptocurrencies like Bitcoin, Ethereum, Solana, Cardano, and XRP. Adding to the positive momentum, WhiteRock has surged by 71.26%, with its token now trading at $0.001294 and a market cap of $841.49 million. The landscape is further energized by Trump’s inaugural crypto summit, which will feature top executives from Coinbase, Chainlink, Exodus, and other leading firms. Crypto Fear & Greed Index | Source: Alternative.me The Fear and Greed Index has decreased to 20,indicating an extremely 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? Metaplanet raised approximately $87 million to increase its Bitcoin holdings. Industry leaders, including Michael Saylor, Coinbase CEO, and Robinhood CEO, have confirmed their attendance at the White House Cryptocurrency Summit. Trending Tokens of the Day Trading Pair 24H Change ADA/USDT +21.66% AAVE/USDT +21.65% JTO/USDT +10.58% Trade now on KuCoin Bitcoin Price Recovery to 88K and Core Technical Signals Source: KuCoin Bitcoin is trading at $87,518.25 USD today with a rise of +184.74. Bitcoin recovered from a seismic liquidation event to reclaim $90,000. It now rides within a familiar range fueled by a US crypto strategic reserve confirmed by President Donald Trump. Furthermore, Bitcoin will join Ether and other altcoins in the reserve. The upcoming White House Crypto Summit will reveal more details. Bitcoin formed a $10,000 daily candle. A short-term target is $85,000. Wall Street opens with strong focus. US employment reports and a speech from Fed Chair Jerome Powell add volatility. A Coinbase premium rebound hints at rising demand. Sentiment remains cautious as measured by the Crypto Fear & Greed Index. As Bitcoin claws its way back, a giant CME futures gap and a $10,000 daily candle offer an unexpected start to the week for Bitcoin traders. The range returns but bulls face challenges. The coming days will bring surprises as external volatility grows and market participants react to technical signals. Bitcoin Rebounds to 88K Amid Market Turbulence Bitcoin and the wider crypto market rebounded from losses as fears over Trump’s crypto reserve eased. Bitcoin climbed to $88,900 on March 5, 2025 after dipping to a daily low of $81,500 earlier. It recovered most losses of the past 24 hours. CryptoSlate data shows Bitcoin trading at $87,524 as of press time with a 2% rise after a nearly 10% drop earlier. Ethereum climbed to $2,217 before retracing to $2,176 with a 2.5% rise over 24 hours. BNB rose by 2.87% to trade at $584. XRP climbed over 7% to trade at $2.47. Solana rose 2.4% to $145.54 after falling to a daily low of $130. Cardano rose 11% to trade at $0.94. Read more: What Is a Strategic Bitcoin Reserve and How Likely Is It? US Crypto Reserve and Market Volatility The recovery follows a week of high volatility. On March 2, 2025 President Donald Trump announced a US Crypto Strategic Reserve. Furthermore, the reserve will hold Bitcoin, Ethereum, Ripple’s XRP, Solana and Cardano. The announcement sent Bitcoin soaring to nearly $94,000 and sparked market optimism. The rally did not last as participants remained cautious of risks. The surge showed growing nation-state interest in crypto. Some worry about centralization in the proposed coins. Reactionary tariffs against the US deepened market losses across equities. Read more: The Race for Strategic Bitcoin Reserves: More U.S. States Move Toward Crypto Adoption WhiteRock (WHITE)’s Explosive 71.26% Rally Source: Coinmarketcap WhiteRock experienced a 71.26% rally in 24 hours. Its current price stands at $0.001294. The project secured direct integration with securities exchanges such as NASDAQ and NYSE. It is the first tokenization platform to offer true T+0 settlement for listed securities. WHITE was also listed on KCEX and BingX with spot trading starting on March 4, 2025 and March 5, 2025. Institutional adoption and market accessibility drove the rally. WHITE has a market cap of $841.49M. Its 24-hour trading volume is $43.9M. Its circulating supply is 650B WHITE. Trump’s Crypto Summit and Industry Leadership: Coinbase, Chainlink, and Exodus to Attend Source: Getty Images Executives from Coinbase, Chainlink, Exodus and others will attend President Donald Trump’s first White House crypto summit on March 7, 2025. Coinbase CEO Brian Armstrong, Chainlink co-founder Sergey Nazarov, Exodus CEO J.P. Richardson and Strategy Chairman Michael Saylor have confirmed their attendance. They will also feature "big donors" according to sources. Robinhood CEO Vlad Tenev hinted his attendance by posting a screen capture from the movie National Treasure on X with the caption "see you soon, DC." Trump will host the summit along with his crypto and AI czar David Sacks and Bo Hines from the President’s Working Group on Digital Assets. The SEC dropped its enforcement suit against Coinbase and Robinhood. Coinbase donated $1M and Robinhood donated $2M to Trump’s inaugural committee. Other firms such as Ripple and Circle made large donations. A Ripple spokesperson referred CoinDesk to the White House while Circle did not comment. Source: David Sacks on X Another report stated that Coinbase CEO Brian Armstrong and Kraken co-CEO Arjun Sethi will attend the summit in Washington, DC. The summit will start at 1:30 PM ET. Strategy founder Michael Saylor, Exodus CEO J.P. Richardson and Paradigm co-founder Matt Huang will join. Huang said on X "I look forward to discussing how America can take a leadership role in promoting the principles of open crypto and enabling builders in ecosystems such as Bitcoin BTC +4.15% and Ethereum and Solana." The summit will also address Trump’s push for a working group to "move forward" on a "Crypto Strategic Reserve." Trump proposed that the reserve hold "U.S.-based coins" including Cardano, Solana and XRP along with Bitcoin and Ethereum. Some experts question if altcoins match Bitcoin and Ethereum in decentralization and developer activity. The summit comes as the SEC makes changes following the departure of former SEC Chair Gary Gensler in January. The SEC dropped lawsuits against Kraken, Consensys and Coinbase and ended probes into Gemini and Yuga Labs. Cumberland DRW said on Tuesday that the SEC dropped its lawsuit against it. A White House statement said "After the previous administration unfairly prosecuted the digital asset space, President Trump’s policy vision represents a new era for digital financial technology." Source: Michael Saylor Read more: Top Types of Stablecoins You Need to Know in 2025 Conclusion The crypto market shows a mix of technical recovery and strategic shifts amid 10% daily drops and rebounds of 2% to 11% in major cryptocurrencies. Bitcoin has recovered from a dip as low as $81,500 to trading near $87,500. Ethereum, BNB, XRP, Solana and Cardano recorded gains between 2.5% and 11%. WhiteRock’s 71.26% rally and trading volume of $43.9M mark significant institutional momentum. The US Crypto Strategic Reserve and Trump’s summit with over 10 key industry leaders underscore a policy push that could reshape market dynamics. The volatile landscape of nearly 10% daily swings and technical signals like the $10,000 daily candle call for careful monitoring and strategic planning. Participants are advised to watch these developments closely as the market continues to evolve rapidly in a fast-changing world.
Bitcoin Drops Below $84K Amid Market Selloff, VC Trends Highlight Web3 Gaming Boom: Mar 4
Bitcoin and the broader crypto market faced sharp corrections as total market capitalization plunged by over 10% in the last 24 hours. Meanwhile, venture capital investors continue to pour funds into DePIN projects, Web3 gaming, and layer-1 RWAs. Quick Take The global crypto market cap dropped 10.28% to $2.76T, with total 24-hour trading volume at $184.38B. Bitcoin dominance rose by 0.69% to 60.41% as BTC slid below $84K. Major venture capital rounds focused on DePIN, Web3 gaming, and RWA tokenization, with Alchemy, Mavryk, Rho Labs, and ACID Labs securing funding. The SEC dropped its lawsuit against Kraken, marking another regulatory shift in the U.S. Trump’s crypto reserve plans sent ADA futures soaring, with $26M in open positions on Bitrue. XRP retraced most of its recent gains amid a record wave of whale sell-offs. The crypto market saw a major downturn, with Bitcoin dropping below $84,000. The total market cap fell 10.28% to $2.76T, while total trading volume declined slightly to $184.38B. DeFi volumes stood at $10.27B (5.57% of the total), while stablecoins dominated trading with $171.43B (92.98% of total volume). Bitcoin’s dominance climbed to 60.41%, signaling investor rotation away from altcoins as uncertainty looms over major regulatory and macroeconomic developments. Venture Capitalists Bet Big on DePIN, Web3 Gaming, and RWAs Despite the downturn, venture capital activity remains strong. Alchemy announced a $5M Web3 adoption fund, while Mavryk Dynamics raised $5M to advance layer-1 RWA tokenization. Rho Labs secured $4M for its decentralized rates exchange, and ACID Labs raised $8M from a16z Speedrun for Web3 gaming. Highlights From Recent VC Rounds in Web3 Alchemy: Launched a $5M "Everyone Onchain Fund" for Ethereum developers. Mavryk Dynamics: Secured $5M to tokenize RWAs, boasting $360M already locked in. Rho Labs: Raised $4M to develop a decentralized derivatives market. Teneo Protocol: Closed a $3M seed round to democratize social media data. Fluent Labs: Secured $8M for Ethereum layer-2 scaling solutions. The Game Company: Raised $10M to build cloud gaming infrastructure for blockchain gaming. ACID Labs: Received $8M from a16z to scale its Web3 social gaming projects. SEC Drops Kraken Lawsuit, Signaling Regulatory Shift The U.S. SEC dismissed its lawsuit against Kraken, a move seen as a step toward regulatory clarity. The case was dismissed with prejudice, meaning no penalties or admissions of wrongdoing were made by the exchange. This follows a series of dropped lawsuits against Coinbase, Gemini, and Uniswap, indicating a changing stance on crypto enforcement in the U.S. Read more: Uniswap’s Fiat Off-Ramp Now Live in 180+ Countries with $4.2B TVL Amid Regulatory Win Bitcoin’s Trump Rally Mirrors 2019 ‘Xi Pump’—Will It Hold? Bitcoin price and open interest over the past seven days | Source: CryptoQuant Bitcoin’s recent rally following Trump’s crypto reserve announcement has drawn comparisons to the infamous 2019 "Xi pump," where China’s blockchain endorsement triggered a rapid but short-lived BTC surge. Despite market turbulence, institutional Bitcoin accumulation continues. Japanese investment firm Metaplanet announced a fresh Bitcoin purchase, acquiring 250 BTC worth approximately $21 million at an average price of $84,000 per BTC. This marks Metaplanet's third BTC purchase in 2025, reinforcing its strategy of holding Bitcoin as a treasury asset amid growing institutional adoption. Bitcoin’s current price action | Source: CryptoQuant Analysts warn that Bitcoin’s price action remains in a distribution phase, with key support at $91,000 and resistance at $95,000. A failure to reclaim these levels could trigger new lows. However, Metaplanet’s move highlights continued corporate confidence in Bitcoin’s long-term value, potentially providing support to BTC’s price action. Key Indicators BTC closed at $94,222 but struggled to maintain momentum. Short-term holder profitability is breakeven, increasing downside risks. Metaplanet acquired 250 BTC, signaling growing institutional confidence. Market sentiment remains fragile despite Trump’s pro-crypto stance. Read more: Trump’s Crypto Reserve Plans Sends Bitcoin to $95K, Altcoins Surge, and BTC Dominance Dips Under 60% ADA Futures Surge 92% Following Trump’s Crypto Reserve Announcement ADA futures open interest | Source: CoinGlass Cardano (ADA) futures saw a surge in long positions after Donald Trump announced plans to include ADA in a U.S. strategic crypto reserve alongside BTC, ETH, XRP, and SOL. Open interest in ADA futures on Bitrue soared to $26M, up from a daily average of $15M. Market analysts believe this could be a speculative play, with long-term sustainability of the rally uncertain. ADA remains below its previous all-time highs, and its ecosystem has yet to deliver the level of adoption seen on Ethereum and Solana. XRP Whales Dump Holdings as Price Drops Below $2.50 Source: Cointelegraph XRP retraced 50% of its recent rally, with on-chain data indicating a record level of whale distribution. Analysts noted an increase in XRP reserves on Binance from 2.72B to 2.90B tokens, indicating rising selling pressure. Despite the pullback, some traders believe XRP could rebound if it holds above the $2.50 support level, while others warn of further downside risk. Read more: BTC Surges as Trump Expands Crypto Reserve, XRP Rallies 30%, BlackRock Adds $150B Bitcoin: Mar 3 Conclusion The crypto market faces heightened volatility, with BTC slipping below $84K and altcoins struggling to sustain gains. Despite the downturn, venture capital interest in Web3 gaming and DePIN projects remains strong. Regulatory shifts in the U.S. and Trump’s pro-crypto policies could provide long-term tailwinds, but traders remain cautious about near-term price movements. Stay updated with KuCoin News for more crypto market insights and analysis.
Trump’s Crypto Reserve Plans Sends Bitcoin to $95K, Altcoins Surge, and BTC Dominance Dips Under 60%
Donald Trump’s announcement to include XRP, Solana, and Cardano in the US Crypto Strategic Reserve sparked immediate market volatility, with Bitcoin’s dominance dropping from 55.4% to 49.6% while selected altcoins surged dramatically. The move, later bolstered by the inclusion of Bitcoin and Ether at the reserve’s “heart,” has ignited both market euphoria and expert criticism regarding the future focus of America’s crypto reserves. Quick Take Bitcoin dominance fell below 50% on Sunday, reflecting an immediate market shift, before recovering under 60%. Altcoins such as Cardano and XRP saw gains of 60.3% and 34.7% respectively over 24 hours. President Trump’s reserve now includes BTC, ETH, XRP, SOL, and ADA, blending traditional crypto with altcoins. Experts warn that a Bitcoin-only reserve would have been more logical for long-term strategic value. The upcoming White House Crypto Summit on March 7 aims to address these regulatory and strategic challenges. Trump’s Crypto Reserve Announcement Drives Altcoin Rally Crypto market cap recovers past $3 trillion after Trump’s crypto reserve plans | Source: CMC President Donald Trump recently revealed that his administration’s Working Group on Digital Assets would incorporate a selection of cryptocurrencies—namely XRP, Solana, and Cardano—into a new “Crypto Strategic Reserve.” The news not only propelled Bitcoin to a remarkable $95,000, showing an approximate 10% surge, but also led to an immediate drop in its market dominance from 55.4% to 49.6%. Investors responded swiftly, with altcoins witnessing significant gains that underscored the market’s readiness to embrace a diversified digital asset strategy. Cardano Surges By Over 60%, XRP Gains 27% ADA/USDT, XRP/USDT price charts | Source: TradingView The inclusion of altcoins has redefined market dynamics as Cardano experienced a 60.3% rally and XRP climbed by 34.7% within 24 hours. Solana and Ether also recorded substantial increases, at 25.5% and 13.1% respectively, highlighting the heightened volatility and potential rewards within the altcoin sector. This diversification into assets beyond Bitcoin reflects a broader trend in the crypto market, where investors are increasingly seeking opportunities outside the traditional digital gold narrative, despite the inherent risks. Criticism for Crypto Reserve vs. Bitcoin Reserve Investor sentiment has been notably mixed following Trump’s decision. While many celebrate the rapid price surge of Bitcoin and the bullish run of select altcoins, prominent market analysts and Bitcoin purists have voiced concerns. Source: X Critics such as Peter Schiff have questioned the logic behind including assets like XRP in a national reserve, arguing that Bitcoin’s status as “digital gold” should make it the sole focus. Meanwhile, industry experts like Jeff Park from Bitwise and Nick Neuman of Casa contend that a Bitcoin-only reserve would better align with long-term strategic goals, hinting at potential adjustments as the market evolves. Regulatory Implications and Policy Debates The announcement is part of a broader initiative led by the newly formed Working Group on Digital Assets, which is set to culminate in the first White House Crypto Summit on March 7. This summit will bring together industry leaders, regulatory experts, and policymakers to deliberate on the future of digital asset regulation, stablecoin oversight, and strategic reserve composition. The initiative also comes at a time when state-level Bitcoin reserve bills are gaining traction, though some analysts caution that without a significant purchase plan or policy shift, these legislative measures may remain largely symbolic. Read more: What Is a Strategic Bitcoin Reserve and How Likely Is it? Looking Ahead: Future of the US Crypto Reserve As discussions continue at the upcoming summit, market watchers are eager to see if the administration will lean further into a diversified asset strategy or pivot to a more Bitcoin-centric approach. The changing regulatory landscape and the current administration's stance on blockchain innovation suggest that the US is poised to become a global hub for digital assets. With the potential for further volatility and regulatory shifts, investors are advised to stay alert as policy developments could dramatically reshape the future of crypto assets in the national financial ecosystem. Trump’s move to create a Crypto Strategic Reserve marks a significant moment in the evolution of digital asset policy in the United States. As Bitcoin celebrates a new high of $95,000 and altcoins make dramatic gains, the coming weeks will reveal whether the nation’s strategic approach to crypto can balance innovation with stability in an increasingly competitive market. Read more: The Race for Strategic Bitcoin Reserves: More U.S. States Move Toward Crypto Adoption
Uniswap’s Fiat Off-Ramp Now Live in 180+ Countries with $4.2B TVL Amid Regulatory Win
Uniswap has launched its native fiat off-ramps—integrating with Robinhood, MoonPay, and Transak—enabling seamless crypto-to-bank transfers for users in over 180 countries. The development comes on the heels of Uniswap’s recent platform upgrades, including v4 and Unichain Layer 2, as well as a significant regulatory victory with the SEC dropping its investigation. Quick Take The new fiat off-ramp is available to users in over 180 countries, expanding Uniswap’s accessibility. Users can convert crypto to fiat and deposit directly into their bank accounts with just a few clicks. Integrations with Robinhood, MoonPay, and Transak simplify the crypto-to-cash transition. While UNI token prices dipped amid broader market trends, the platform’s TVL remains robust at $4.2 billion. The SEC’s decision to drop its investigation provides a significant boost to Uniswap and the DeFi community. Uniswap Partners with Robinhood, MoonPay, Transak for Global Fiat Off-Ramps Uniswap has taken a bold step in enhancing user convenience by integrating native fiat off-ramps into its wallet applications for both Android and iOS. This new service lets users swap supported ERC-20 tokens—such as USDC and ETH—into fiat currency, enabling direct deposits into bank accounts in just seconds. The feature is set to roll out on the Uniswap browser extension and web app in the coming weeks, ensuring a broad, seamless experience for users worldwide. By partnering with well-known platforms like Robinhood, MoonPay, and Transak, Uniswap has bridged the gap between decentralized finance and traditional banking. These partnerships allow users from more than 180 countries to convert crypto into cash quickly, bypassing the typically frustrating process of signing into centralized exchanges and managing complex crypto addresses. This integration underscores Uniswap’s commitment to streamlining financial interactions in the DeFi sector. Read more: What Is Uniswap DEX and How Does it Work? UNI Token Loses Nearly 10% in 24 Hours Amid Bearish Mood UNI/USDT price chart | Source: KuCoin Despite the launch of these groundbreaking features, Uniswap’s native token, UNI, saw a 5.4% drop to $7.31 amid broader market movements. With total value locked (TVL) standing at under $4 billion—down from an all-time high of $10 billion in 2021—Uniswap continues to face market headwinds. However, the introduction of the off-ramp is expected to drive increased usage and improved liquidity, potentially stabilizing and growing the platform’s ecosystem over time. Uniswap TVL | Source: DefiLlama SEC Drops Investigation Into Uniswap Labs Just days before rolling out the new fiat off-ramp, Uniswap Labs celebrated a major regulatory victory when the SEC dropped its investigation into the firm. This decision, following an earlier Wells notice, marks a significant win for the broader DeFi community and signals a shift toward a more supportive regulatory environment for decentralized platforms. With the recent launch of Uniswap v4 and the innovative Unichain Layer 2, the platform is poised to offer even more efficient trading experiences and advanced developer tools, reinforcing its position as the world’s largest decentralized exchange. Conclusion Uniswap’s latest advancements underscore a transformative step in decentralized finance, enhancing global connectivity and streamlining the conversion of digital assets into traditional fiat currencies. While the platform's new features and strategic partnerships pave the way for a more accessible and efficient user experience, investors and users should exercise caution. The dynamic nature of crypto markets, coupled with regulatory and technological uncertainties, highlights the importance of understanding the risks inherent to digital asset investments. Read more: Raydium Surpasses Uniswap in Monthly DEX Volume by 25%, Signaling Shift in DeFi Market Dynamics