A Solana (SOL) layer-2 scaling solution defied the wider crypto market slump and surged by more than 41% this week following a flurry of recent exchange listings. Solayer (LAYER) is a blockchain network designed for high throughput and near-zero latency. The network bills itself as “infinitely scalable” and is designed to handle 1 million transactions …
Monthly archives: March 2025
BlackRock now holds over 567,000 BTC, valued at over $47 billion
BlackRock CEO Larry Fink previously praised Bitcoin as digital gold and said that most investors should have a small Bitcoin allocation. BlackRock, the world’s largest asset manager with approximately $11.6 trillion in assets under management, currently holds over 567,000 Bitcoin (BTC), valued at over $47.8 billion — making the asset manager one of the largest …
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Hyperliquid’s mystery 50x ETH whale is now betting on LINK
The trader’s previous bet, nominally worth roughly $200 million, caused millions of dollars in losses for Hyperliquid’s liquidity providers. The cryptocurrency trader whose ultra-leveraged Ether (ETH) trade tested Hyperliquid’s limits on March 12 has entered another multimillion-dollar position, this time in Chainlink (LINK), onchain data shows. On March 14, the anonymous whale, referred to on …
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VanEck files for AVAX ETF
The proposed VanEck Avalanche ETF aims to mirror the price performance of AVAX. Global investment manager VanEck has filed for an Avalanche (AVAX) exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC) seeking to offer investors direct exposure to the smart contract platform. A snippet of the S-1 filing was shared on social …
VanEck files S-1 application to launch spot AVAX ETF
VanEck has submitted an S-1 registration statement to the US Securities and Exchange Commission (SEC) for a proposed Avalanche exchange-traded fund (ETF), aiming to provide investors with direct exposure to AVAX. According to the filing, the VanEck Avalanche ETF will hold AVAX directly and value its shares based on the MarketVector Avalanche Benchmark Rate, which …
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Excessive fundraising weakens VC confidence in crypto startups despite regulatory improvements
Venture capital funding for crypto startups has yet to rebound in line with recent regulatory clarity in the U.S. despite showing signs of recovery in the months following President Donald Trump’s election. According to analysts, the excessive capital inflows during 2021 and 2022 did not result in proportional returns for investors, which has damaged confidence …
Argentina introduces new regulatory framework for stringent crypto oversight
Argentina’s Comisión Nacional de Valores (CNV) has introduced new regulations for virtual asset service providers (PSAVs), requiring them to comply with registration, cybersecurity, anti-money laundering, and asset custody standards to ensure transparency and consumer protection in the crypto sector. The regulatory framework — dubbed Resolution No. 1058 — was approved following a public consultation process …
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Democrat lawmaker calls on Treasury to abandon Trump’s Bitcoin reserve plans
Rep. Gerald E. Connolly, the Ranking Member of the House Oversight and Government Reform Committee, urged the US Treasury Department to abandon plans to establish a strategic Bitcoin reserve and the digital asset stockpile. In a letter to Treasury Secretary Scott Bessent, Connolly condemned the effort as fiscally irresponsible and politically motivated. He warned that the …
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Tether to benefit greatly from current US stablecoin regulation
Galaxy head of research Alex Thorn believes the GENIUS Act could favor Tether by allowing it to operate under relatively flexible conditions. Thorn assessed that the bill would open a pathway for Tether to register onshore but would not require it to do so to continue operations. Limited restrictions for offshore issuers Based on the …
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US Lawmaker Plans to Introduce Bill to Permanently ‘Cement’ Trump’s National Bitcoin Reserve
Sources disclose that U.S. Representative Byron Donalds (R-FL) plans to introduce legislation on March 14, 2025, to permanently establish President Donald Trump’s Strategic Bitcoin Reserve and Digital Asset Stockpile, aiming to shield the initiative from reversal by future administrations. U.S. Could Anchor Crypto Leadership as Donalds Seeks to Codify Bitcoin Reserve The bill seeks to …
North Korea’s Lazarus Group Moves 400 ETH to Tornado Cash Following $1.5B Bybit Hack
North Korea-linked Lazarus Group transferred 400 ETH (worth $750,000) to Tornado Cash on March 12, 2025, likely laundering proceeds from the record $1.5 billion Bybit hack, blockchain researchers report. ZachXBT: Tornado Cash Demix Exposes North Korea’s $3.1M PEPE Token Purchase The Lazarus Group, a North Korean state-sponsored hacking collective, transferred 400 ETH to privacy tool …
Blackrock’s BUIDL Soars 50% in 6 Days—Tokenized Fund Now Commands $1B AUM
Six days ago, on March 8, 2025, the tokenized Blackrock USD Institutional Digital Liquidity Fund (BUIDL) held $668 million in assets under management (AUM). Since then, its AUM has soared by 50.3%, eclipsing the $1 billion threshold. From $668M to $1B in 6 Days Launched in March 2024, this pioneering tokenized fund—issued on several public …
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‘First-of-Its-Kind’ ETF Focuses on Bitcoin-Linked Corporate Bonds
Retail investors can now access bitcoin-backed corporate bonds through a groundbreaking ETF, offering exposure to companies using convertible debt to integrate bitcoin into their financial strategy. Nasdaq-Listed ETF Offers Bitcoin Corporate Debt Exposure REX Shares announced on March 14 the launch of the REX Bitcoin Corporate Treasury Convertible Bond ETF (Nasdaq: BMAX), a new investment …
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13 Bitcoin Time Capsules Crack Open: $27M in 2013 BTC Suddenly Awaken
When bitcoin slipped beneath the $80,000 mark last Thursday, a cluster of 13 long-dormant wallets from 2013 suddenly sprang to life, shifting 325 BTC—now worth $27.4 million—into motion. A Set of 13 Decade-Old Bitcoin Vaults Unlock These days, bitcoin’s price swings have been wildly erratic, yet that hasn’t stopped dormant stashes from rousing after years …
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XRPTurbo Raises Over 70,000 $XRP In Token Presale, Is This The Ripple Altcoin To Watch Out For In 2025?
This content is provided by a sponsor. XRPTurbo ($XRT) has soared past another major milestone, raising over 70,000 XRP during its highly anticipated presale, and industry analysts believe the presale may wrap up far ahead of schedule. With XRP’s recent price spike amidst growing optimism that Ripple Labs may soon resolve its longstanding legal battle …