The web3 infrastructure provider MoonPay just announced its acquisition of the stablecoin infrastructure developer Iron just months after purchasing crypto payments platform Helio. In a statement, MoonPay says its new acquisition significantly expands its offerings with solutions that allow businesses to manage multi-currency treasuries, facilitate instant cross-border payments and generate new revenue through yield-bearing assets. …
Monthly archives: March 2025
XRP price poised for 46% gains after Ripple secures first Dubai license
XRP price may see significant gains in the near term due to improving technicals, Ripple’s new Dubai license and a possible conclusion of its battle with the SEC. XRP’s price is eyeing a breakout from a classic chart pattern in the near future after Ripple acquired its first-ever license in the Middle East. XRP (XRP) …
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Russia using Bitcoin, USDt for oil trades with China and India: Report
Russian oil firms are using Bitcoin and USDt for trade with China and India despite global sanctions, according to Reuters. Russian companies have been using cryptocurrencies like Bitcoin and USDt to facilitate trade with China and India amid international sanctions, according to a Reuters report. Russian oil companies have used crypto assets including Bitcoin (BTC) …
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US court gives Three Arrows nod to increase its FTX claim to $1.53B
3AC liquidators have been trying to claw back funds held by the hedge fund on FTX since it filed a June 2023 claim in the collapsed exchanges bankruptcy case. A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from …
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Trump’s crypto task force should work with as much enthusiasm as DOGE
The US has already suffered a crypto brain drain. That’s why the Crypto Task Force needs to work with more urgency than it has shown. Opinion by: Kadan Stadelmann, chief technology officer, Komodo Platform The Crypto Task Force held a press conference in early February 2025. It struck the wrong tone. While the task force …
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Crypto Analyst Kevin Svenson Says Bitcoin at a Decisive ‘Close Call’ Moment, Unveils Potential Path Forward
Analyst Kevin Svenson is offering his outlook on Bitcoin (BTC) as the flagship crypto asset hovers around 24% below the all-time high. In a new strategy session, Svenson tells his 82,800 YouTube subscribers that Bitcoin is at a critical juncture that could determine the crypto king’s price direction over the coming weeks and months. According …
Vermont withdraws action against Coinbase, awaits SEC’s regulatory clarity
Vermont has officially withdrawn its legal action against Coinbase, which accused the crypto exchange of offering unregistered securities through its staking program. In a court filing on March 13, Vermont’s Department of Financial Regulation stated that the decision aligns with a similar move by the US Securities and Exchange Commission (SEC). The regulator acknowledged that …
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BlackRock’s BUIDL fund breaks $1 billion in tokenized RWAs, up 56% in a month
BlackRock’s USD Institutional Digital Liquidity Fund, known on-chain as BUIDL, reached $1 billion in tokenized assets as of March 2025, per data from rwa.xyz. On March 13, the fund minted over $206 million in new tokens as liquidity continues to flow into the fund. While Bitcoin and the broader crypto market is down over the …
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Crypto.com Expands UAE Footprint With License to Offer Derivatives
Crypto.com has received a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivative products such as futures and perpetual swaps, marking a major step forward in its global expansion strategy. Dubai’s VARA Grants Crypto.com Approval to Launch Derivatives Products Crypto.com has secured a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA), …
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Zano Now Available on Bitcoin.com, Bringing Privacy One Step Closer to Mainstream Adoption
Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has added support for Zano, the layer-1 blockchain for confidential assets and private dApps. By adding Zano support, Bitcoin.com continues to expand its ecosystem with cutting-edge privacy tools that empower users to take full control of their financial data. This makes privacy-first finance more …
Bitcoin ETFs Experience $143 Million Outflow, Ether ETFs Mark Seven-Day Decline
Bitcoin ETFs saw a net outflow of $143 million on Thursday, March 13, resuming their downward trend, while ether ETFs continued their decline with a $74 million outflow, marking seven consecutive days of losses. More Outflows as Crypto ETFs Face Continued Withdrawals After a brief respite, bitcoin exchange-traded funds (ETFs) resumed their outflow trend, with …
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Moonpay Acquires Iron to Strengthen Enterprise Stablecoin Payment Solutions
In a strategic move to enhance its enterprise payment solutions, crypto payments company Moonpay has acquired Iron, a startup specializing in stablecoin infrastructure, for at least $100 million. This acquisition, announced on March 13, 2025, marks Moonpay’s second significant purchase this year, following its acquisition of Helio in January. With Iron’s API-driven technology, Moonpay aims …
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Brazil to Push Cryptocurrency as a Priority for International BRICS Trade
Brazil will push crypto initiatives, including a blockchain payment system, to expedite international trading as part of its presidency at BRICS this year. Local media stated this would be a priority for the South American giant’s plans for the organization. Brazil to Push Hard for Crypto Implementation in BRICS Trade The agenda of Brazil as …
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Bezos-Backed Stark Bank Rises as a Crypto Enabler in Brazil
Stark Bank, a startup backed by Amazon founder Jeff Bezos, has positioned itself as the go-to firm for serving cryptocurrency businesses in Brazil, filling the gap left by traditional institutions. The firm has built part of its business around this service offering, betting on the industry’s future as Brazilians become more comfortable with crypto. Bezos-Backed …
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Santiment: Weakening Trading Volume May Signal Slowing Market Momentum
A market intelligence platform has attributed the drop in crypto-wide trading volume since Feb. 27 to “exhaustion, hopelessness, and capitulation.” ‘Diminishing Trader Enthusiasm’ According to Santiment, a market intelligence platform, the drop in crypto-wide trading volume since Feb. 27 can be attributed to a combination of “exhaustion, hopelessness and capitulation.” Santiment adds the consistent decline …
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