Author: James Wilson

Fartcoin, the third-biggest meme coin on the Solana ecosystem, fires on all cylinders as charts signal more upside Fartcoin (FARTCOIN) has jumped to $0.60, its highest level since February 11, and is up 180% from its lowest level this year. This rebound has pushed its market cap to $510 million. The ongoing rebound has coincided with the ongoing Solana (SOL) meme coin recovery. Bonk (BONK) has jumped by 35% in the last seven days, while Dogwifhat (WIF), and Popcat (POPCAT) have soared by over 20%. As a result, the market cap of all Solana meme coins has jumped from $7.5…

Digital asset investment products have ended a five-week streak of outflows after netting more than $644 million in inflows this past week. CoinShares, Europe’s leading digital assets investment firm, says Bitcoin (BTC) led this flip as the crypto market witnessed renewed optimism.  According to a weekly report CoinShares published on March 24, the crypto exchange-traded funds market notched over $644 million in weekly inflows, ending a five-week run of outflows. This report aligns with the outlook across the spot exchange-traded funds market in the United States, which has seen a fresh dose of demand from investors as Bitcoin edges higher.…

PwC Italy and blockchain consultancy SKChain Advisors are developing a digital identity solution for the European Union using blockchain technology. The product, built on the World Mobile Chain, a Layer 3 network on Coinbase’s Base, aims to provide a secure, self-sovereign identity framework that allows users to control their personal data without relying on centralized authorities. The initiative aligns with the European Digital Identity Wallet introduced under the eIDAS 2.0 regulation, which aims to standardize digital identity across the EU, according to a press release shared with crypto.news.  PwC Italy and SKChain Advisors have completed a feasibility study to determine…

With 85% of DYDX tokens already unlocked, dYdX is rolling out a buyback program to pump value back into the ecosystem. The team behind the decentralized exchange dYdX just kicked off its first-ever DYDX (DYDX) buyback, aiming to boost confidence in the token. Starting Monday, 25% of net protocol fees will go toward monthly buybacks — buying DYDX from the open market and staking it to help secure the network, according to a March 24 blog announcement from the company. Until now, all of dYdX’s protocol revenue went straight to ecosystem participants. But with the new buyback program, things are…

With Bitcoin now in the IMF’s books and U.S. reserves, is global crypto reporting entering a new phase — despite official resistance? IMF wakes up to crypto On Mar. 20, the International Monetary Fund (IMF) published the seventh edition of its Balance of Payments Manual (BPM7), marking the first time cryptocurrencies like Bitcoin (BTC) have been integrated into global standards for tracking cross-border economic activity. Developed in collaboration with over 160 countries, the manual outlines the statistical rules used by central banks and finance ministries to record trade flows, capital movements, and financial services.  While this update does not grant…

1inch’s investment fund is offloading portions of its crypto holdings despite a recent market rebound, signaling a strategic effort to cut losses and hedge against further potential downside. According on-chain monitoring X account EmberCN, the 1inch team’s investment fund recently sold 37.9 Wrapped Bitcoin (WBTC) at $86,578 each, totaling about $3.28 million, and 511 Ethereum (ETH) at $2,072 each, amounting to around $1.05 million. EmberCN revealed that from Feb. 2 to March 10, the fund spent a total of $44.22 million on WBTC, ETH, and 1INCH. This included purchasing 11,198 ETH for a total of about $28.85 million at an…

Lightning Network is a Bitcoin blockchain layer-2 solution.  Blockchain scalability is mostly dependent on layer-2 solutions.  Because Lightning Network is associated with Bitcoin (BTC) and can contribute utility value to the chain, it is one of the most important layer-2 solutions. In this article we will learn what is the Lightning Network, how it works, and all about Lightning Network payments. What is the Lightning Network? The Lightning Network, a second layer for BTC, scales the blockchain’s capacity and manages transactions more effectively and affordably by utilizing micropayment channels.  It is a technology solution that introduces off-chain transactions to address…

The potential rollback of the SEC’s custody rule could significantly reshape the digital asset landscape, according to Manthan Dave, co-founder of Palisade, a digital asset custodian backed by Ripple. Dave argues in a note sent to crypto.news that reversing the rule would drive both short-term and long-term changes in how digital assets are managed and stored. The custody rule was introduced in response to high-profile failures like FTX, which made it clear there existed notable weaknesses in how customer assets were managed. Dave noted that the rule aimed to prevent similar mismanagement by requiring firms to use a qualified custodian.…

Algorand and its token, ALGO, are positioned by developers as the foundation for a future borderless economy. However, the ALGO coin has been struggling in the past month. Is Algorand a good investment? When will this token rise? Find out in our Algorand price prediction. What is Algorand? Technically, it is an attempt to solve the classic “blockchain trilemma,” which states that it is impossible to effectively combine decentralization, scalability, and security within a single platform. One of these components must be compromised to meet the needs of the others. In other words, a large and powerful decentralized platform will…

The Israeli financial markets regulator has shut down the crypto exchange Bitin for offering crypto trading services without the required license, reinforcing the country’s regulatory stance on crypto firms. The Israeli Capital Markets, Insurance, and Savings Authority has shut down Bitin for operating without the necessary license, as originally reported by Finance Magnates. Bitin has also been fined approximately $460,000, and all crypto trading services on the platform have now been halted. The exchange’s operator was previously denied a license in 2022 due to a criminal conviction related to tax offenses. Despite this, it proceeded to offer crypto trading services.…