$1.04 Billion Bitcoin Stun Crypto Exchanges, What’s Happening?
According to a recent tweet by IntoTheBlock, Bitcoin, the first and largest cryptocurrency by market…
Crypto regulation shifts as Bitcoin eyes $105K amid liquidity boost
Bitcoin (BTC) price has risen 8% from its March 11 low of $76,703, driven in part by large investors aggressively buying the dip with leverage. Margin longs on Bitfinex surged to their highest level since November 2024, adding 13,787 BTC over 17 days. Currently standing at $5.7 billion, this bullish leveraged positioning signals confidence in…
Banks push to block stablecoin legislation over market share fears
Bankers and their allies in the US Senate are pushing back against the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act over fears that stablecoins will disintermediate banks and erode banking market share. According to an article from American Banker, the bill requires 60 votes to pass in the Senate, meaning that at…
Circle plans to bring $900M money market fund under DABA license
Circle, the creator of stablecoin USDC (USDC), announced on March 13 plans to bring its Hashnote Tokenized Money Market Fund (TMMF) under Bermuda regulatory oversight through the company’s existing Digital Assets Business Act (DABA) license. Hashnote, which Circle acquired in January 2025, is the issuer of USDY, the largest tokenized treasury and money market fund with…
MoonPay acquires API stablecoin infrastructure platform Iron
Cryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount. According to a March 13 announcement, the acquisition will give MoonPay’s enterprise customers the ability to accept stablecoin payments instantly and at a low cost. Iron’s integration also…
Average US rate on a 30-year mortgage edges higher, ending a seven-week slide
The average rate on a 30-year mortgage in the U.S. edged higher this week, ending a seven-week slide that helped ease borrowing costs for home shoppers leading into the spring homebuying season. The rate averaged 6.65% this week, up from 6.63% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.74%….
Changpeng Zhao denies reports of a Binance.US deal, defends Trump
Former Binance CEO Changpeng “CZ” Zhao has denied many of the claims in a Wall Street Journal report suggesting that he has been actively seeking a federal pardon from US President Donald Trump. In a March 13 X post following the release of the report, Zhao said he had no discussions regarding a business deal…
Coinbase to Remove Three Crypto Assets? Reason Behind It
Major cryptocurrency exchange Coinbase has announced its decision to delist three digital assets from its platform; meme coins Floki, GIGA and Turbo are affected in this latest cleanup. The move comes as part of the exchange’s regular review process to ensure compliance and maintain quality standards. Coinbase made this known in a recent tweet, revealing…
Analysts Explain Why Bitcoin Could Soon Recover or Crash Harder
Bitcoin just dropped 24% from its all-time high — what happens next? Analysts say BTC is “very close to its local bottom,” but could a Black Swan event send it crashing even lower? Macro turmoil shakes Bitcoin Bitcoin’s (BTC) price has been on a bumpy stretch. After hitting an all-time high of $109,114 in January…
ETH falling by 20% may trigger $336M in DeFi liquidations — Web3 exec
If the price of Ether (ETH) falls by a further 20%, the price decline could trigger a cascade of up to $336 million in decentralized finance (DeFi) liquidations, according to Kevin Rusher, founder of the real-world asset (RWA) lending platform RAAC. The executive warned that a decline to $1,857 would trigger $136 million in liquidations,…
Web3 firm Addressable introduces new marketing metric for crypto wallets
Web3 marketing firm Addressable has launched cost per wallet (CPW), a new metric aimed at improving user acquisition tracking for decentralized applications (DApps) and blockchain businesses. Announced on March 13, CPW is designed to provide more precise insights for Web3 marketers by tracking onchain wallet activity rather than traditional Web2 advertising metrics like cost per…
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