Crypto

Source: Coin Tegraph The global stablecoin supply could surge to $1 trillion by the end of 2025, potentially becoming a key catalyst for broader cryptocurrency market growth, according to CoinFund managing partner David Pakman. “We’re in a stablecoin adoption upswell that’s likely to increase dramatically this year,” Pakman said during Cointelegraph’s Chainreaction live show on…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is trading below a crucial demand zone as bears regain control of the market, ending a brief period of optimism and minor upward movement. Selling pressure has resumed after several days of calm, highlighting the ongoing uncertainty surrounding risk…

Source: Coin Tegraph The New York State Attorney General’s (NAYG) recent legal action against Galaxy Digital over its promotional ties to the now-collapsed cryptocurrency Terra (LUNA) was unfair and an abuse of the legal system, says SkyBridge Capital and founder Anthony Scaramucci. “It’s LAWFARE, pure and simple due to an obscure but dangerously powerful New…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Sam Bankman-Fried, currently serving a 25-year prison term, has a new home after completing an unauthorized interview with Tucker Carlson. Before the interview, SBF was housed at the Metropolitan Detention in Brooklyn, where the March 25th remote interview was conducted….

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The European Insurance and Occupational Pensions Authority (EIOPA) has proposed a new regulation requiring insurers to maintain capital equivalent to the full value of their cryptocurrency holdings. The recommendation, included in a technical advice report to the European Commission on…

Source: Coin Tegraph Ether’s (ETH) declining appeal as an investment comes from layer-2’s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says. “The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure South Carolina dismissed its lawsuit against crypto exchange Coinbase, becoming the second state to drop its staking-related case after the US watchdog’s shift toward the industry. The exchange’s Chief Legal Officer (CLO) called the development a “victory” for crypto investors….

Source: Coin Tegraph US stock exchange Nasdaq submitted a filing to the US Securities and Exchange Commission (SEC) seeking permission to list Grayscale Investments’ spot Avalanche exchange-traded fund (ETF). The document, filed on March 27, asks for a rule change to list the Grayscale Avalanche Trust (AVAX). The derivative product in question would be a…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure While Bitcoin has seen less upward momentum in recent days, the asset still manages to maintain stabilization above the $84,000 ever since its reclaimed it earlier this week. So far, BTC’s uptick in the past week has reduced to a…

Source: Coin Tegraph Community members backing a Broccoli memecoin on BNB Chain are outraged, claiming their project was unfairly denied victory in the network’s liquidity support program. The BNB Chain Meme Liquidity Support Program, which kicked off on Feb. 18, offers $200,000 in permanent liquidity to the top-performing memecoins on the chain. But controversy erupted…