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Wyoming Governor Mark Gordon said the state’s proposed stablecoin might be ready to launch by July, with the Wyoming Stable Token Commission announcing interoperability protocol LayerZero as a partner for the token launch. Speaking at the DC Blockchain Summit on March 26, Gordon praised the speed and efficiency of the Wyoming state government in embracing …
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US Securities and Exchange Commissioner (SEC) Hester Peirce offered a few suggestions for longer-lasting changes in crypto regulation between administrations with potentially different views. Speaking at the DC Blockchain Summit on March 26, Peirce, who heads the SEC’s crypto task force, said she expected that the commission could create more “durability” for digital asset regulations …
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GameStop shares jumped nearly 12% on March 26 after the company announced plans to purchase Bitcoin (BTC). The company plans to finance the purchase through debt financing. After markets closed on March 26, GameStop announced a $1.3 billion convertible notes offering. The convertible senior notes — debt that can later be converted into equity — …
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Gracy Chen, CEO of cryptocurrency exchange Bitget, criticized Hyperliquid’s handling of a March 26 incident on its perpetual exchange, saying it put the network at risk of becoming “FTX 2.0.” On March 26, Hyperliquid, a blockchain network specializing in trading, said it delisted perpetual futures contracts for the JELLY token and would reimburse users after …
Despite strong institutional demand, Bitcoin (BTC) has struggled to reclaim the $100,000 level for the past 50 days, leading investors to question the reasons behind the bearishness despite a seemingly positive environment. This price weakness is particularly intriguing given the US Strategic Bitcoin Reserve executive order issued by President Donald Trump on March 6, which …
Continue reading “Would GameStop buying Bitcoin help BTC price hit $200K?”
Stablecoin issuers should be restricted from providing yield-bearing opportunities to protect the legacy banking system, which issues home mortgages and small business loans, US Senator Kirsten Gillibrand said at a summit in Washington, DC. Speaking at the 2025 DC Blockchain Summit on March 26, the Democratic senator from New York praised her state for having …
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Bitcoin (BTC) mining stocks are down after tech giant Microsoft reportedly scrapped plans to invest in new artificial intelligence data centers in the US and Europe, citing a potential oversupply, according to a report by Bloomberg and data from Google Finance. Shares of crypto miners Bitfarms, CleanSpark, Core Scientific, Hut 8, Marathon Digital and Riot …
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Ether (ETH) price reclaimed the $2,000 support on March 24 but remains 18% below the $2,500 level seen three weeks ago. Data shows Ether has underperformed the altcoin market by 14% over the past 30 days, leading traders to question whether the altcoin can regain bullish momentum and which factors might drive a trend reversal. …
Continue reading “Ethereum’s (ETH) path back to $2.5K depends on 3 key factors”
Interactive Brokers, a global brokerage that recorded $9.3 billion in revenue for 2024, is expanding its altcoin offerings to include four new tokens. According to a March 26 announcement, the platform has added Solana (SOL), Cardano (ADA), XRP (XRP), and Dogecoin (DOGE) for trading. The four coins have a combined market capitalization of $267.2 billion …
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XRP (XRP) price continues to underperform the broader crypto market this week, even though multiple altcoins turned green as Bitcoin (BTC) rallied to $88,800. XRP 1-day chart. Source: Cointelegraph/TradingView The altcoin is down 4.7% over the past seven days, putting a pause to the 11% rally seen on March 19, when the Ripple’s SEC “lawsuit …
