Cryptocurrency News

Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative.On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual percentage rate (APR) of up to 23%, Cointelegraph reported.However, one week later,…Read More

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 X on March 27.…Read More

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 York law known as…Read More

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 creation was A-OK,” Castle…Read More

Billionaire investor Elon Musk has sold his social media platform X to his AI startup xAI, sparking controversy as it coincides with a US judge rejecting his bid to dismiss a lawsuit tied to the social media platform.The transfer of ownership of X to xAI on March 28 means that the class-action lawsuit against Musk…Read More

Binance co-founder Changpeng “CZ” Zhao is donating 500 BNB (BNB) each to Thailand and Myanmar following a 7.7 magnitude earthquake that caused severe damage to buildings and widespread flooding.Zhao plans to distribute the funds through Binance and Binance Thailand if a third-party onchain donation platform cannot be found to distribute the disaster relief funds.“I hope…Read More

Five Democratic lawmakers in the US Senate have called on leadership at regulatory agencies to consider the potential conflicts of interest from a stablecoin launched by World Liberty Financial (WLFI), the crypto firm backed by US President Donald Trump’s family.In a March 28 letter from the US Senate Banking Committee, Massachusetts Senator Elizabeth Warren and…Read More

Bitcoin price extended its decline on March 28, falling for a fourth consecutive day to paint an intra-day low of $83,387. BTC’s (BTC) decline mirrored the Wall Street sell-off, where the DOW closed 700 points lower, alongside the S&P 500 index, which dropped 112 points. The sell-off in equities is widely attributed to investors increasing worries…Read More

Today in crypto, Elon Musk sold social media platform X to his AI startup, two US federal agencies eased restrictions on companies engaging in crypto-related activities, including derivatives. Meanwhile, NFT sales plunged 63% year-over-year in the first quarter of 2025.Elon Musk’s sale of X to xAI just made fraud lawsuit a ‘lot spicer’Billionaire investor Elon…Read More

The four-year crypto market cycle that traders and investors have become accustomed to is no longer as pronounced due to the maturation of crypto as an asset class and the participation of institutional investors, according to Polygon co-founder Sandeep Nailwal.During a recent episode of Cointelegraph’s Chain Reaction, Nailwal said that Overall speculative activity is down…Read More

Ethereum’s ETH hit its weakest price against bitcoin in almost five years as macroeconomic concerns added pressure to risk assets.Read More

The Federal Deposit Insurance Corporation (FDIC) said in a March 28 letter that institutions under its oversight, including banks, can now engage in crypto-related activities without prior approval. The announcement comes as the Commodity Futures Trading Commission (CFTC) announced that digital asset derivatives wouldn’t be treated differently than any other derivatives.The FDIC letter rescinds a…Read More

Arthur Hayes, the former CEO of BitMEX, pleaded guilty to one count of violating the Bank Secrecy Act and was sentenced to two years probation.Read More

It has been a wild few years for GameStop, the video game retailer turned memecoin stock. After being pulled from the edge of bankruptcy in 2021 thanks to a surging stock price, the company has made sensible business decisions over the years, such as shrinking its physical footprint and focusing on higher-margin items. Now, GameStop is…Read More

US President Donald Trump reportedly issued pardons to three co-founders of the cryptocurrency exchange BitMEX, who had pleaded guilty to felony charges.According to a March 28 CNBC report, Trump granted pardons to Arthur Hayes, Benjamin Delo and Samuel Reed, who were facing a range of criminal charges related to money laundering or violations of the…Read More

Ether (ETH) price fell 9.3% between March 26 and March 28, testing the $1,860 level for the first time in two weeks. This correction led to over $114 million in liquidations of leveraged ETH futures and caused the premium relative to the regular spot market to drop to its lowest level in over a year. Some…Read More

Bitcoin price is poised to hit $110,000 before retesting the $76,500 range, according to Arthur Hayes, pointing to easing inflationary concerns and more favorable monetary policy conditions in the US that are set to bolster risk assets, including the world’s first cryptocurrency.Still, the decentralized finance (DeFi) industry took another hit after an unknown whale exploited…Read More

The U.S. banking agency withdrew policies that contributed to crypto industry accusations that it pressured institutions to “debank” digital assets customers.Read More

A portion of the Ethereum community is pressuring the Ethereum Foundation to make decisions that may “break the entire social fabric” of the smart contract network by restricting Ethereum’s layer-2 (L2) networks, Polygon co-founder Sandeep Nailwal said.Speaking during a March 28 episode of Cointelegraph’s Chain Reaction show on X, the Polygon founder said that he…Read More

Bitcoin (BTC) is moving farther away from the crucial $90,000 mark, indicating that buying dries up at higher levels. Market participants seem nervous about the fresh round of US trade tariffs and the renewed inflation pressure as US Personal Consumption Expenditures data came in hotter-than-expected.Traders are divided about Bitcoin’s price trajectory in 2025. Analyzing data…Read More

Shares of the company debuted on Nasdaq on Friday under the ticker CRWV.Read More

The Rewards Wallet, built using programmable wallet infrastructure from Circle, allows crypto holders access to cashback, fee discounts, and other subscription perks.Read More

Terraform Labs — the company behind LUNA (LUNA) and algorithmic stablecoin TerraUSD (UST) — will launch its crypto loss claims portal on March 31. The portal is aimed at reimbursing individuals who lost at least $100 due to the collapse of the Terra ecosystem in 2022.The move follows a Delaware court’s approval for Terraform Labs…Read More

For years, Cardano (ADA) has been a cornerstone of the crypto landscape, consistently ranking among the top digital assets by market capitalization. Yet, despite its prominence, ADA’s performance has left many investors questioning its long-term prospects. While it recently made headlines for being included in US President Donald Trump’s initial proposal for a national crypto…Read More

After a positive start to the week, Bitcoin price reverted to negative returns after BTC (BTC) dropped 3.5% to an intraday low of $84,120 on March 28. The price rejection occurred at the cusp of the descending trendline (black) and the upper range of the ascending channel pattern.Bitcoin 1-day chart. Source: Cointelegraph/TradingViewOn the daily chart,…Read More

Wyoming, Fidelity, Trump, Japan. They all want them.Read More

Coinbase’s emergence as the Ethereum network’s largest node operator raises concerns about network centralization that could worsen as institutional adoption accelerates, industry executives told Cointelegraph. On March 19, Coinbase published a report disclosing that the US cryptocurrency exchange controlled more than 11% of staked Ether (ETH), more than any other Ethereum node operator. According to Karan Sirdesai,…Read More

The Department of Government Efficiency, or DOGE, led by Tesla CEO Elon Musk is reportedly moving into the United States Securities and Exchange Commission (SEC).According to a March 28 Reuters report, Musk’s DOGE team contacted the SEC and was told it would be given access to the commission’s systems and data. The agency reportedly planned…Read More

Dominari Holdings, a wealth management firm, announced during an earnings report on Friday that it would use a portion of its excess cash to buy shares of the iShares Bitcoin Trust.Read More

Opinion by: Eran Barak, CEO at Midnight It’s been almost 16 years since blockchain emerged from its esoteric fringes to enter global discourse, evidenced most recently by continued backing from Wall Street incumbents. Despite this remarkable ascendancy, the unfortunate truth is that this technology has yet to realize its true business potential. A core challenge persists:…Read More

Key takeawaysBitcoin is legal in Australia and is regulated by AUSTRAC and the Australian Taxation Office (ATO). You can buy Bitcoin on various platforms, including centralized exchanges, decentralized exchanges (DEXs), P2P platforms and Bitcoin ATMsPayment options are diverse, including credit cards, debit cards, bank transfers and fiat cash deposits at ATMsStore your Bitcoin securely and opt…Read More

Though Strategy has been buying bitcoin for nearly five years, the recent aggressive pace of purchases means another moderate leg lower in prices would put the company in the red on its BTC stack.Read More

Bitcoin (BTC) sought a local bottom on March 28 while US inflation data came in higher than expected.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin wobbles as PCE comes in hotData from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $85,500 at the Wall Street open before reversing.Down over 3% on the day, the pair saw lows…Read More

The House of Representatives legislation would set up a government group across the Treasury, Justice Department and Secret Service to head off bad actors.Read More

Polygon (POL) and Sui (SUI) both dropped 8.3% from Thursday, leading the index lower.Read More

If approved, the ETF would provide investors with a path to access AVAX through conventional brokerage accounts.Read More

Galaxy reported profit of $174 million and $365 million for Q4 and the full year of 2024, respectivelyRead More

Your day-ahead look for March 28, 2025Read More

The bank plans to support local blockchain projects in their early stages for the betterment of the broader blockchain industry in FranceRead More

The original, handwritten sign became the symbol of bitcoin’s first financial crisis.Read More

The FCA’s intention is to create new rules for a more stringent regulatory regime, its director of payments said.Read More

Markets have been heavy since Thursday as President Donald Trump warned of deeper tariffs on Canada and the European Union in case the two collude and policies impact U.S. economic activity.Read More

The bitcoin notes have a 35% premium over the company’s Thursday closing price.Read More

AI powerhouse Nvidia aims to anchor a $250 million order, Bloomberg reported.Read More

If the acquisition proceeds, the foundation plans to integrate 23andMe’s data onto its blockchain and give users ownership of their genetic data.Read More

The overall stablecoin market, including tokens pegged to currencies and commodities, crossed $230 billion rising for the 18th consecutive month, CoinDesk Data’s report show.Read More

Bitcoin miners, hoping for more efficiency, are increasingly marching in step with the traditional datacenter industry, says Colin Harper of Blockspace.Read More

The sell-off might have to do with the convertible note pricing, while some speculated that it’s a sign of investor disapproval of the bitcoin acquisition plans.Read More

The seized funds represent just a portion of the more than $1.5 million in donations that the DOJ alleges flowed through the accounts.Read More

Former SEC Commissioner Paul Atkins testified in a confirmation hearing beside Trump’s OCC nominee, Jonathan Gould, though crypto wasn’t a central topic.Read More