Coinbase CEO Brian Armstrong has called on lawmakers to support stablecoin legislation that allows consumers to earn interest directly from their digital dollar holdings, framing it as a “win-win” for consumers, global financial access, and long-term US economic strength. In a detailed post published on March 31, Armstrong argued that the next phase of stablecoin…
Russia’s Irkutsk, the nation’s biggest Bitcoin mining hotspot, could impose a year-round ban on all crypto mining activities effective April 1, a news outlet has claimed. Per a report from the Russian newspaper Kommersant, the ban would apply only in the southern part of the Siberian oblast of Irkutsk, but could run until mid-2031. Irkutsk…
ETH fell by 1.1% in the past 24 hours, sliding to just above $1,800 as analysts suggested the recent rally may have been a dead-cat bounce. Among the top five cryptocurrencies, Ethereum has posted the steepest losses in 2025, down 45.4% year-to-date. The network’s struggle to remain competitive has pressured the price of its native…
Key Takeaways: The venture experiments with a split model that isolates mining as a standalone unit. A high-profile backing blends public recognition with technical oversight. The strategy offers a fresh framework for evaluating crypto asset performance. On Monday, Hut 8 Corp. announced the launch of American Bitcoin Corp., an industrial-scale Bitcoin mining venture created in…
Key Takeaways: An entity linked to Donald Trump and his family now holds a 60% equity share in World Liberty Financial, replacing its original co-founders as the controlling party. According to the report, the Trump family is entitled to $400 million in fees in regards to the entity. With Trump positioned as the platform’s “chief…
California’s Assembly has taken major steps toward regulating cryptocurrency with the introduction of AB-1052, initially known as the Money Transmission Act. The bill – led by California Democrat Avelino Valencia, who chairs the Banking and Finance Committee – focuses on protecting cryptocurrency users, particularly those seeking to maintain control over their digital assets. AB-1052 According…
Despite Bitcoin (BTC) falling nearly 12% in the first quarter to $82,683.16 amid the market uncertainty, it has outperformed the S&P 500 and gold since Election Day. Gold recently hit a new all-time high of over $3100, up by nearly 14% since Nov. 5. Conversely, the S&P 500 is down by roughly 3% in the…
Key Takeaways: The rise of digital reserves invites companies to re-assess liquidity and retool traditional cash strategies. Leveraging equity for crypto purchases introduces novel dynamics in capital structure and investor confidence. This approach challenges established risk controls and spurs regulatory debate over the role of digital assets. Michael Saylor’s company, Strategy, acquired 22,048 Bitcoin between…
XRP closed in the red during six of the past seven daily trading sessions, as weakness across the broader crypto market continued to weigh on prices. Over the past 24 hours, XRP dropped 2.1%. Trading volume rose 67.5% over the same period, signaling renewed selling pressure. XRP’s price action has held up better than other…
In all likelihood, the move by the Sei Foundation – the organization behind layer1 blockchain Sei – to buy bankrupt genetic data company 23andMe is a long-shot at best, and potentially just a publicity stunt. But, it remains an incredibly exciting idea that has got a lot of people thinking. Were such a deal to…