Author: James Wilson
Circle Internet Group is expanding its tokenized financial services in Bermuda. The company will bring the Hashnote Tokenized Money Market Fund under its existing Digital Assets Business Act license with the Bermuda Monetary Authority, according to a company press release. Hashnote issues USYC, a tokenized money market fund that held nearly $1 billion in assets as of March 6, 2025. Tokenized money market funds function similarly to traditional ones but are represented as digital assets on blockchain networks. Because they exist in digital form, investors can buy and sell shares of these funds more easily. Circle plans to integrate USYC…
New research by Dragonfly Capital reveals that U.S. users may have missed out on as much as $5.02 billion in potential revenue from geo-blocked airdrops. Back in the early days, before the crypto industry got overcrowded with grief memecoin pseudonymous creators, blockchain developers came up with a way to reward users for supporting and growing projects. That method became known as the airdrop. Airdrops allowed projects to drum up early interest by encouraging engagement — like interacting with a protocol by sending to it on-chain transactions — or to retroactively reward users of blockchain products. Sometimes, these airdrops turned out…
Pi Network remains in a deep bear market and is facing significant risks ahead of the much-anticipated Pi Day. Pi Coin (PI) dropped by over 45% from its highest level in February, bringing its market cap to over $11.7 billion and its fully diluted valuation to $164.35 billion. The token will be in the spotlight on Friday as the world celebrates Pi Day, which honors the mathematical constant π (pi). Pi Day is celebrated on March 14 each year, aligning with the value of pi (3.14). This event could spark increased interest in the token. However, Pi Network faces several…
The crypto market has started a downward spiral and meme coins have taken the biggest hit among all cryptocurrencies. In the past 30 days, the market cap of memecoins has seen a 34.46% downfall before touching an impressive $74.25 billion earlier this month. Naturally, the native token of Dogelon Mars (ELON) has seen a similar downtrend and is currently trading at $0.0000001 which is about a 20% drop over the last week. Its current market cap stands at $73.9 million with a 24-hour trading volume of $8.1 million. Dogelon Mars weekly chart, March 2025 | Source: crypto.news In this article,…
Tether CEO Paolo Ardoino shared his thoughts into the future of stablecoins and the impact of new legislation from the White House. Ardoino stated during a Bloomberg TV interview on Thursday that the Trump administration’s recently proposed stablecoin bill can provide regulatory clarity and would benefit the role of digital U.S. dollars. “This bill would unlock very much clarity on the stablecoin role for the future of the U.S. dollar and how we should be managed in a very safe and serious way,” Ardoino explained. He emphasized that Tether’s growth has been remarkable, particularly in emerging markets and developing countries,…
Kusama has been in a consolidation phase since the last bull market of 2021. Investors are keen to see a breakout, but will it happen this year or in the future? Let’s find out. The native token of Kusama (KSM) is currently trading at $15.65 which is about a 15% drop from last week. Its current market cap stands at $253 million with a 24-hour trading volume of $13.6 million. Kusama weekly chart, March 2025 | Source: crypto.news In this article, we’ll discuss the Kusama price prediction by giving you its short and price forecasts, and explore whether this token…
A federal jury has convicted Rowland Marcus Andrade, the founder and CEO of AML Bitcoin, of wire fraud and money laundering related to the fraudulent marketing and sale of the cryptocurrency. The verdict was reached after a five-week trial in the Northern District of California, with Chief U.S. District Judge Richard Seeborg presiding. According to prosecutors, Andrade, 47, misled investors by falsely claiming that AML Bitcoin had advanced anti-money laundering technology and was nearing adoption by the Panama Canal Authority. In reality, no such agreement existed. Andrade raised millions through these misrepresentations and diverted over $2 million for personal expenses,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Pepe eyes a $50b market cap, Lightchain AI is emerging as a serious contender with its AI-powered blockchain. Can Pepe (PEPE) reach a $50 billion market cap? While 2025 forecasts remain optimistic, another cryptocurrency is stealing the spotlight — Lightchain AI (LCAI). With $17.3 million raised during its presale at $0.006 per token, Lightchain AI is quickly gaining momentum for its blend of AI and blockchain technology. Poised for significant growth in 2025, Lightchain AI has the potential…
Binance Coin price rose for three consecutive days, and four crucial catalysts may push it to over $1,100 in the near term. Binance Coin (BNB) climbed to a high of $610 on Thursday, up by 20% from its lowest level this week. It remains about 26% below the highest level in December last year, meaning that it has done better than most altcoins. First, BNB price may bounce back ahead and after the Pascal hard fork. This hard fork will be important for the BNB Smart Chain or BSC as it will introduce more features in the network. The upgrade…
The U.S. Senate Banking Committee has approved the Guiding and Establishing National Innovation for U.S. Stablecoins Act, moving it toward a Senate vote. Introduced by Senator Bill Hagerty, the bill seeks to establish a federal framework for stablecoin regulation. The committee passed the bill with an 18-6 vote, including support from five Democrats. The GENIUS Act proposes clear guidelines for stablecoin issuers, addressing reserve requirements, audits, transparency, and licensing. Senator Hagerty stated that the bill would help the country “lead in financial innovation” while protecting consumers. I’m pleased to see my GENIUS Act successfully pass out of the Senate…