Strategy Unveils 10% Preferred Stock Offering to Expand Bitcoin Holdings
Strategy has announced a new round of perpetual preferred stock issuance, a move typically made ahead of further Bitcoin acquisitions. According to the company, shares in this latest round will be priced at $85 each, featuring a 10% yield, with the initiative expected to generate around $711 million in capital. Market expert Jesse Myers pointed […]
Tornado Cash Removed from US Sanctions List
The U.S. Treasury Department has officially removed cryptocurrency mixer Tornado Cash from its blacklist, as announced on March 21. This decision follows a January ruling by a U.S. appeals court, which determined that the Treasury’s Office of Foreign Assets Control (OFAC) lacked the authority to sanction Tornado Cash’s smart contracts. The court reasoned that these […]
Pump.fun Unveils PumpSwap DEX, Moves Away from Raydium
Pump.fun has introduced its own decentralized exchange (DEX), PumpSwap, potentially overtaking Raydium as the go-to platform for trading Solana-based memecoins. Starting March 20, memecoins that complete the liquidity bootstrapping phase, known as “bonding,” on Pump.fun will transition directly to PumpSwap, as announced by the project on X. Previously, these bonded tokens migrated to Raydium, which […]
US Recession Could Be a Major Catalyst for Bitcoin, Says BlackRock
BlackRock’s digital assets chief, Robbie Mitchnick, believes that Bitcoin could perform exceptionally well in the event of a U.S. recession, despite differing opinions from some analysts. Speaking in a March 19 interview with Yahoo Finance, Mitchnick stated, “Whether or not a recession happens, if it does, it would serve as a significant catalyst for Bitcoin.” […]
Bybit: 89% of Stolen $1.4B Crypto Still Trackable After Hack
A significant portion of the stolen Bybit funds remains traceable following the massive cyberattack, as blockchain analysts continue working to freeze and recover them. The crypto sector was shaken on February 21 by the biggest hack in its history when Bybit suffered a loss exceeding $1.4 billion. The stolen assets included liquid-staked Ether (stETH), Mantle […]
Trump Promises US Will Dominate Bitcoin as BTC Price Ends Four-Month Decline
Bitcoin (BTC) showed resilience on March 20 as bulls successfully pushed the price beyond a critical downtrend, reinforcing higher support levels at the Wall Street open. Trump Vows to Make the US a ‘Bitcoin Superpower’ According to TradingView data, BTC/USD climbed back above $86,000, maintaining momentum from the previous day, spurred by positive signals from […]
Bitcoin Surges as Markets Anticipate Fed’s Monetary Policy Stance
Bitcoin (BTC) saw bullish momentum on March 19 as traders awaited the release of the Federal Open Market Committee (FOMC) minutes and a press conference from Federal Reserve Chair Jerome Powell. Investors closely follow the FOMC minutes and Powell’s remarks for insights into the Federal Reserve’s perspective on the U.S. economy, monetary policy, and interest […]
SEC Dropping Ripple Case Confirms XRP Is Not a Security, Says John Deaton
The U.S. Securities and Exchange Commission (SEC) backing out of its appeal against Ripple is the “final confirmation” that XRP is a digital commodity rather than a security, according to crypto attorney John Deaton. Deaton emphasized that although Ripple still faces a $125 million penalty related to its past sales of XRP, the company may […]
Stablecoin Adoption Surges by 53% in One Year
A recent joint analysis by onchain research firms Artemis and Dune has revealed a significant rise in the number of active stablecoin wallets, with a growth rate exceeding 50% within a year. Titled “The State of Stablecoins 2025: Supply, Adoption & Market Trends,” the report highlights that from February 2024 to February 2025, the number […]
Bitcoin Surpasses Global Assets After Trump’s Election, Despite Market Correction
Bitcoin has continued to outshine major global assets—including stocks, equities, treasuries, and precious metals—despite a recent downturn in the crypto market, which coincided with the United States’ two-month debt suspension period. The price of Bitcoin (BTC) currently sits 23% below its record high of over $109,000, which was reached on Jan. 20, the day of […]