It was a week of red in the crypto and traditional market, with the fall of Bitcoin below $ 80K on March 10 and ETH was falling for $ 1,821 the same day. Excessive volume for “Trump Bump.” With the new administration in a target-tears this week, markets spooked about a contraction and the crypto was not immune.
However, the development of digital assets was around, and our journalists reported everything with alarrity. Blackrock’s Bellwether Buidl Fund rose by $ 1 billion and tokenized treasury Press $ 4.2 billionKris Sandor reported. Moonpay, a combined -joint payment, has made an important Getting stablecoinWill Canny wrote. Ripple won a UAE payment license (Shaurya Malwa). OKX won a license to Run in EuropeCamomile Shumba reported. Coinbase announced plans to offer 24/7 Futures Trading in the US., Helene Braun reported.
There have also been great news on regulations. US house voted to overthrow the controversial “Broker Rule” in IRS A big win for defi operators. And a Senate committee voted to send the genius Stablecoin bill to the floor, Leading the possible approval there.
The Trump family continues to be in front-at-center in the crypto news. World Liberty Financial completed a $ 590 million token sale (For accredited investors for now), with assistance from advisor/investor and founder of Tron Justin Sun. Wall Street Journal reports a Trump family representative also explored the purchase of a stake in Binance.us, by World Liberty Financial.
From our Asian team, Sam Reynolds reviews how Latest draft of the Genius Act It aims to divide stablecoin regulation between state and federal authorities.
Parikshit Mishra reported Coinbase to return to India After a two -year hiatus, removal of discussion about the future of crypto in India.
Shaurya Malwa has continued her excellent report on XRP, pushing many Ripple reports. Malwa also reported over-leveraging implications in the crypto market, as Hyperliquid lost $ 4 million Due to a massive leveraged trade in ETH.
Market Maven, Omkar Godbole, pushed a timely piece to Bitcoin’s Bullish signal ahead of the US CPI report, and also to see how Eric Trump’s tweet to crypto sets up short-term entrepreneurs for frustration.
Meanwhile, Tom Carreras has Great feature In how the Bitdeer, a Singapore -based miner, is expected to shake the mining market.
Hopefully next week is bringing better news to markets. But, either way, our journalists are there to cover what is important.
