Author: James Wilson
Pi Network has staged a strong recovery after falling to a low of $0.6156 following its mainnet launch in February. Pi Network (PI) was trading at $1.7650 on March 16, up by almost 190% from its lowest level on February 20. It has several catalysts that may push it higher in the coming months. First, Pi Network’s resilience after the mainnet launch has, to a large extent, proven that it is not a scam, as many had feared. Second, Pi Network’s size and the fact that it is a Made in USA coin, means that it may become a spot…
Pepe price remains in a deep bear market after plunging more than 75% from its all-time high of $0.000028. Pepe (PEPE) dropped to $0.000071, mirroring the performance of most meme coins, which have crashed over the past few days. The ongoing crash occurred as fear spread throughout the crypto market. The closely watched crypto fear and greed index has dropped to the fear zone at 20. Additionally, the CNN Money fear and greed index has moved to the extreme fear zone at 19. Pepe’s decline coincided with a sharp drop in its futures open interest, which fell to its lowest…
Senator Tim Scott of South Carolina, the leading Republican on the Senate Banking Committee, has introduced the Financial Integrity and Regulation Management Act. This legislation aims to prohibit financial regulators from considering reputational risks when supervising banks, a practice critics argue has led to the debanking of cryptocurrency companies, according to the Wall Street Journal. The term “debanking” refers to financial institutions denying services to certain businesses or individuals, often due to perceived risks to their reputation. In the crypto sector, companies have reported difficulties securing and maintaining banking relationships, attributing these challenges to banks’ concerns over regulatory scrutiny and…
Microsoft pulled contractual commitments tied to Core Scientific’s AI partner, rattling investor confidence, though the tech giant remains a major revenue source. Bitcoin (BTC) miner Core Scientific saw its share price drop 10% on March 5 after Microsoft downsized contracts with CoreWeave, one of the firm’s business partners. Core Scientific and CoreWeave announced a $1.2 billion data center deal last month to provide high-performance computing services for the latter’s artificial intelligence and cloud computing operations. Following last year’s Bitcoin halving, which cut mining rewards in half, miners like Core Scientific have explored new revenue sources, including offering HPC services to…
Cardano Foundation has sealed a strategic partnership with Serviço Federal de Processamento de Dados, a state-owned information technology firm and the largest technology provider for the government of Brazil. Serviço Federal de Processamento de Dados, or SERPRO, is a leading software company. Meanwhile, the Swiss-based Cardano Foundation is a nonprofit organization supporting the development of the Cardano (ADA) blockchain network. The two entities announced their landmark collaboration on Mar. 6. Why is this important? SERPRO is the Brazilian government’s top technology partner, powering digital solutions for over 90% of the country’s federal administration. Joining forces with SERPRO will help Cardano…
The market for tokenized assets across all classes has now exceeded $50 billion, according to a new report. According to a recent report from Brickken, titled “RWA Tokenization: Key Trends and 2025 Market Outlook,” the market for tokenized assets across all classes has now surpassed $50 billion, with $30 billion of that total stemming from tokenized real estate. This growth positions the tokenized market to reach a $2 trillion market cap by 2030, as projected by McKinsey. One of the report’s key insights is the surge in debt tokenization, particularly in Europe, where Germany leads the way, accounting for nearly…
U.S. states may successfully front-run federal authorities on Bitcoin reserve policy as Texas lawmakers advanced a bill through the Senate. Texas policymakers in the state Senate approved a proposal to invest public funds in Bitcoin (BTC) with a 25-2 vote on Thursday, March 6, amid a U.S. crypto policy race. The bill has now moved to the House, which must act on the proposal by May 24. Dennis Porter, founder of the Satoshi Act Fund, said House members may expedite the process and land the proposal on the governor’s desk soon. More than two dozen states are discussing bills to…
Co-founder of BR Capital and blockchain entrepreneur Vlad Martynov joins us for a special episode of the crypto.news show. In part 1, Martynov discusses his role within the Ethereum ecosystem, the future of venture capital in crypto, and how the current system of tokenomics is broken. Martynov also expands upon his role within the decentralized Zuzalu “network state” community, as well as new regulatory climates from the US, Europe, Asia, and beyond. In part 2, Martynov conducts a one-on-one with Ethereum co-founder Vitalik Buterin, in a crypto.news show exclusive. Turn on, tune in, Zuzalu out! You can also listen to…
Superstate, an on-chain asset management firm, has announced that it has registered its blockchain-based transfer agent, Superstate Services LLC, with the U.S. Securities and Exchange Commission. The registration of the digital transfer agent aligns with Superstate’s goal of using blockchain technology to advance the integration of tokenized securities. Ensuring compliance with existing regulatory frameworks while bringing real-world assets on-chain is Superstate Services LLC’s top priority, the company said in a blog post. The tokenized securities market benefits from transfer agents, whether issuers or markets, in tracking the ownership, issuance, and redemption of shares. With transfer agents in place, issuers can…
In a recent interview from prison with Tucker Carlson, Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, shared his perspectives on the current state and future of the cryptocurrency industry. The conversation covered a broad range of topics but primarily focused on regulatory challenges, the evolution of crypto’s foundational promises, and the potential trajectory of digital currencies in the global financial landscape. Regulatory landscape for crypto and US position When asked about the future of crypto in the US, Bankman-Fried emphasized the importance of stable regulatory frameworks for the adoption and growth of cryptocurrencies, particularly in the…