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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...

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...

Robinhood lists PENGU, POPCAT amid crypto ramp-up


Robinhood has listed memecoins Pengu (PENGU), Pnut (PNUT) and Popcat (POPCAT) as the online brokerage doubles down on cryptocurrency trading, it said on March 13. The listings mark Robinhood’s latest effort to expand its crypto offerings and compete with incumbent exchange Coinbase....

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...

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...

Solana price bottom below $100? Death cross hints at 30% drop


Solana (SOL) price completed a “death cross” on the one-day chart on March 12, as the altcoin consolidated near its long-term support level at $125. This could potentially accelerate the SOL price sell-off in the near term for a drop below $100 for the first time since February 2024....

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...

75% of VASPs registered in the EU will not be able to comply with MiCA


Opinion by: Slava Demchuk, co-founder and CEO of AMLBotAll virtual asset service providers (VASPs) registered in the EU before 2025 must comply with Markets in Crypto-Assets Regulation (MiCA) requirements this year. Not all will be able to do so. The MiCA regulation is, in essence, a good...

Bitcoin price drops 2% as falling inflation boosts US trade war fears


Bitcoin (BTC) shrugged off gains at the March 13 Wall Street open as US inflation markers continued to fall.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin follows stocks lowerData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $81,500, down 2.3% on...

Addressable introduces cost per wallet metric for Web3 marketing


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.The company claims CPW provides a more precise measure of user engagement compared to traditional Web2...

US-Canada tariff flip-flops have Bitcoin miners on their toes


Bitcoin miners are adapting their business strategies as the continued trade war between the US and Canada makes energy prices and policies all the more uncertain.US President Donald Trump threatened to double his tariffs on steel and aluminum from 25% to 50%, leading the government of the province...

US-Canada tariff flip-flops have Bitcoin miners on their toes


Bitcoin miners are adapting their business strategies as the continued trade war between the US and Canada makes energy prices and policies all the more uncertain.US President Donald Trump threatened to double his tariffs on steel and aluminum from 25% to 50%, leading the government of the province...

Trump family held talks with Binance for stake in crypto exchange — Report


Representatives of US President Donald Trump’s family have reportedly held talks with Binance about acquiring a stake in the crypto exchange.Binance reached out to Trump’s family representatives in 2024, offering to strike a deal as part of a plan to resume Binance.US operations in...

Web3’s UX problem — and how to fix it, feat. Ponder One


The latest episode of Hashing It Out dives into one of Web3’s most persistent challenges: usability. Host Elisha Owusu Akyaw speaks with Moe El-Shibib and Selim Sezgin, co-founders of Ponder One, about the hurdles preventing mainstream adoption and the technologies that could make blockchain...

US Bitcoin ETFs break outflow streak with $13.3M inflow


Over $1.67 billion exited US spot Bitcoin and Ether exchange-traded funds (ETFs) in March, but investors stopped the bleeding by bringing in $13.3 million on March 12 as the BTC market price inched closer to $85,000.As of March 12, spot Bitcoin ETFs had attracted $35.4 million worth of inflows...

Ethereum average gas fees drop 95% one year after the Dencun upgrade


The average Ethereum gas fee has dropped by 95% in the year following the Dencun upgrade, one of Ethereum’s most significant network improvements.On March 13, 2024, Ethereum’s Dencun upgrade was rolled out. The upgrade combined the Cancun upgrade on the execution layer and the Deneb...

Wallet in Telegram to list 50 tokens and launch yield program


Wallet in Telegram, a third-party cryptocurrency wallet Mini App on Telegram, is set to expand its custodial crypto services, adding at least 50 new cryptocurrencies and launching an earn feature for users.The Open Platform (TOP), the largest venture builder in The Open Network (TON) ecosystem...

Turkey tightens crypto regulations with new rules for exchanges, custodians


Turkey is advancing its cryptocurrency regulations with new rules for crypto asset service providers (CASPs).On March 13, Turkey’s Capital Markets Board (CMB) published two regulatory documents regarding the licensing and operations of CASPs, including crypto exchanges, custodians and wallet...

Here’s what happened in crypto today


Today, in crypto, the US Securities and Exchange Commission is reportedly preparing to drop its case against Ripple, while a reintroduced bill in Congress seeks to authorize the US government to purchase 1 million Bitcoin. Meanwhile, the European Union’s retaliatory tariffs have deepened...

Rumble embraces Trump-era crypto strategy with $17M BTC purchase


Video-sharing platform Rumble says it had purchased more than $17 million worth of Bitcoin as part of a previously announced investment strategy.In a March 12 notice, Rumble said it had added 188 Bitcoin (BTC) to its treasury for roughly $17.1 million. The investment, suggested by CEO Chris...

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