Crypto News Updates

The shares will accumulate cumulative dividends at a fixed rate of 10% each year Strategy said that dividend payments will begin paying out on June 30, 2025 To date, Strategy holds under 500k Bitcoin, valued at over $40 billion Strategy is planning to offer five million shares of the company’s Series A perpetual strife preferred stock, $STRF, as it works on acquiring more Bitcoin. In an announcement , Michael Saylor’s Strategy said it intends to use the proceeds for “general corporate purposes,” including the “acquisition of Bitcoin.” However, it noted that this was “subject to market, and other conditions.” According to the company, the shares will accumulate cumulative dividends at a fixed rate of 10% per year. Dividends will be paid out beginning on June 30, 2025 “out of funds legally available for their payment,” Strategy said. Raising funds for Bitcoin The news comes as Strategy announced earlier this month that it’s planning to issue and sell shares of up to $21 billion...

Key takeaways Ordinals trading on Magic Eden spiked by 1,200%, with the trading volume hitting $50m. The Bitcoin Pepe presale has now reached $5.5 million as stage seven ends shortly. Magic Eden records spike in Ordinals trading volume Magic Eden, one of the leading NFT marketplaces, experienced a short-lived, week-long period of sustained volume in Ordinals trades. The platform saw a 1,200% surge in Ordinals trading volume during that period, with over $50 million traded. Ordinals are NFTs on the Bitcoin blockchain. The surge in Ordinals trading volume could indicate a possible increase in interest in the Bitcoin NFTs.  What is Bitcoin Pepe? The surge in interest in Ordinals could spark positive development for other Bitcoin-based projects. Bitcoin Pepe is a project launching on the Bitcoin blockchain and is set to introduce memecoin trading within the ecosystem.  The project intends to revolutionise the Bitcoin ecosystem by leveraging the liquidity and security o...

Ethena Labs and Securitize are joining forces to launch Converge, a new blockchain for decentralized finance and tokenized assets. Converge will be Ethereum Virtual Machine-compatible and serve both retail and institutional DeFi. ENA price rose 5% to change hands above $0.38 following the announcement Ethena Labs and Securitize are teaming up on a venture that will see the crypto projects unveil Converge, a new blockchain built for tokenized assets and decentralized finance. Announced on Mar. 17, Converge will be a custom-built, Ethereum-compatible blockchain. The developers envision a platform that will cater to both everyday investors and deep-pocketed institutional players. Per a blog post introducing the new blockchain, the anticipated launch date is Q2 2025. Ethena, Securitize unveil Converge According to Ethena Labs, Converge is a blockchain platform designed to bridge the gap between traditional finance and DeFi. The technology behind the EVM-compatible chain will all...

The Wemix Foundation suffered a $6.2 million hack on February 28, but only alerted its investors on March 4 The hacker managed to steal 8.65 million WEMIX coins Wemix Foundation’s CEO doesn’t believe the hack is the result of Lazarus Kim Seok-hwan, Wemix Foundation’s CEO, said there was “no attempt” to conceal a $6.2 million hack on it following an announcement four days later. In a press conference on Monday, Kim denied any intention to conceal the exploit. On February 28, over 8.65 million WEMIX coins were withdrawn due to a malicious attack on the platform’s Play Bridge Vault. However, the South Korean platform only alerted its investors when an announcement was posted on its homepage on March 4. At the press conference, Kim said: “The announcement was delayed due to concerns about the possibility of additional attacks and the possibility of market panic due to stolen assets.” According to Kim, most of the assets had already been sold and the market impact had already happ...

Binance introduces zero-fee trading for all pairs in its Binance Wallet. The promotion will run for six months, a move that has traders excited. Binance, the world’s leading cryptocurrency exchange, has launched zero-fee trading for users on its Binance Wallet. The crypto exchange behemoth revealed this massive news via an announcement published on March 17. Per the exchange, the zero-fee trading offer will apply to all trading pairs within the Binance Wallet. Users will begin to enjoy the new support for six months, from Monday, March 17 2025 to September 17, 2025. Binance eyes user growth While Binance is already a major player in the ecosystem, the introduction of the zero-fee trading feature marks a significant shift in strategy and one that will push it further ahead in terms of user experience and adoption. The announcement, shared via Binance’s official channels, has sparked widespread excitement across the crypto ecosystem. Unlike previous promotions that targeted sp...

The crypto market continues to struggle with downward pressure, with over $230 million in liquidations recorded in a single day. Per data from Coinglass , total liquidations were up 157% in the past 24 hours. Over this period, more than 95,478 traders had been liquidated. At the time of writing, the total liquidations stood at $232 million. Data showed the largest single liquidation order coming in on Binance for an ETH/USDT position valued at $5.59 million. ETH, XRP and SOL liquidations The crypto market ’s total capitalization stands at $2.8 trillion, with Bitcoin’s dominance at 58.9%. However, the latest wave of liquidations has hit traders hard, particularly those convinced the price was on the upward mend. With leveraged positions largely longs, most of the rekt positions were bullish bets. Coinglass data shows over $73 million and nearly $44 million are for Bitcoin and Ethereum. XRP and Solana also witnessed huge liquidation. Crypto price outlook As noted, Bitcoin (BTC) ...

Bounce Token soared more than 36% on Sunday, gaining to an intraday high of $36.17. Analysts predict a breakout for AUCTION price. Bounce Token (AUCTION) has surged by an impressive 36% over the past 24 hours, emerging as among top gainers in the 500 largest coins by market cap. Only Ancient8 (AB) with a staggering 109% in 24 hours and BinaryX (BNX) with 40% as surged by more. Notably, this price spike comes as most altcoins look to hold onto gains as Bitcoin hovers near $84k. Bounce Token price recap: A 36% surge in 24 hours According to CoinMarketCap data on March 16, 2025, Bounce Token (AUCTION) climbed 36% to reach an intraday high of $36.17. While the altcoin, native to the decentralised auction platform, remains about 49% from it’s all-time high of $70.56, it has seen significant gains in recent weeks. Per CoinMarketCap, AUCTION price has jumped by about 107% over the past seven days and 204% in the past month. These gains have pushed Bounce Token’s market capitalization...

Toncoin price surged more than 18% after Telegram founder Pavel Durov got approval to leave France. As the Telegram and Toncoin community celebrated, TON price rose to highs of $3.48. Toncoin (TON) price rose sharply after Telegram founder Pavel Durov, who has been under judicial scrutiny in France, reportedly received permission to leave the country. At the time of writing, TON, the native token of The Open Network, was up 18% at $3.48. The token traded as one of the top gainers in the past 24 hours, with daily volume rising 216% to over $514 million. Durov’s latest legal-related news largely contributed to this scenario. Telegram founder Durov allowed to travel to Dubai Durov, indicted in Paris for complicity in criminal activities linked to his encrypted messaging platform, left Le Bourget Airport near Paris on Saturday. According to sources cited by a local news outlet , authorities had returned Durov’s passport. The TON Foundation also confirmed the development, with perm...

ZKsync has cancelled the second season of its incentive program, Ignite. Bearish market conditions among other reasons led to the move. ZKSync will distribute all remaining rewards as of March 17, 2025. ZKsync announced on Friday that it had cancelled the second season of its liquidity program, Ignite. The zero-knowledge-powered layer 2 protocol revealed that the move comes amid the current bearish market conditions , which have notably annihilated sentiment and seen prices plummet. Per ZKsync, the decentralised finance incentive program will halt on March 17, 2025. “After careful consideration, the DeFi Steering Committee (DSC) has decided to not renew Ignite for Season 2 and will be sunsetting the program starting March 17th, 2025 by turning off rewards for period 6,” the ZKSync team noted via a thread on X . The DeFi Steering Committee (DSC) cited multiple reasons for sunsetting Ignite. It includes the cryptocurrency market’s bearish conditions. This has prompted ZKsync to ...

Ripple has secured a major license in the Middle East after getting regulatory nod from the Dubai Financial Services Authority (DFSA). The license allows Ripple to offer regulated crypto payments and services within the Dubai International Finance Centre (DIFC). Ripple announced on March 13, 2025 that it had secured a major license in the Middle East. The Dubai Financial Services Authority (DFSA) has greenlit Ripple to offer regulated crypto payments and services within the Dubai International Finance Centre (DIFC). Ripple becomes the first blockchain-enabled payments provider to snag this crucial DFSA license. Ripple has secured regulatory approval from the Dubai Financial Services Authority (DFSA), making us the first blockchain payments provider licensed in the DIFC. https://t.co/6oHWtnjODr This milestone unlocks fully regulated cross-border crypto payments in the UAE, bringing… — Ripple (@Ripple) March 13, 2025 Ripple secures license in Middle East milestone This D...

The crypto market continues to struggle after a massive sell-off in the past several days. However, as investors eye opportunities, multiple coins including Bitcoin Pepe (BPEP) could mirror an anticipated bounce for Bitcoin (BTC). With BTC resilient at support levels and showing signs of a bullish flip, could this portend similar price predictions for BPEP? Analysts on market outlook According to QCP Capital, the sell-off in stocks and crypto has come as post-election optimism fades and as bearish sentiment peaks amid tariffs concerns and recession fears. But while the market’s reaction, with the S&P 500 and Nasdaq plunging 2.7% and 3.8% and Bitcoin dipping below $80k, the analysts forecast a potential bounce. “Not all signals are bearish,” QCP wrote in a note on Tuesday. The 10-year Treasury yields falling approximately 60 bps and the US dollar weakening are factors that have historically supported US equities and crypto. “Markets are at an inflection point,” the digital a...

Coinbase will launch the 24/7 Bitcoin and Ethereum futures products on its CFTC-regulated futures exchange Coinbase Derivatives. The exchange also plans for a perpetual-style futures contract. Coinbase is looking to tap into the growing demand for crypto trading with a round-the-clock futures offering for Bitcoin (BTC) and Ethereum (ETH) . The exchange, the largest regulated US-based provider, will offer the BTC and ETH futures trading to US customers through its CFTC-regulated platform Coinbase Derivatives Exchange. Coinbase stated in an announcement on Mar. 10 that this 24/7 futures trading for the top two digital assets by market cap will roll out in the coming weeks. “Today, US futures markets operate within fixed trading hours–out of sync with the 24/7 nature of crypto. This forces traders to sit on the sidelines during key market moves, limiting their ability to react in real time. With the launch of 24/7 access to Bitcoin and Ethereum futures, we’re eliminating this gap...

The state of Utah has passed its Bitcoin bill but has dropped the Bitcoin reserve plan. The approved bill protects mining, staking, and self-custody rights. The bill now awaits Governor Cox’s signature, after which it will become effective starting May 2025. On March 7, 2025, Utah lawmakers took a significant step toward integrating cryptocurrency into the state’s legal framework by passing HB230, the “Blockchain and Digital Innovation Amendments” bill . However, the legislation, approved by the Senate in a 19-7-3 vote , no longer includes its original groundbreaking provision to establish a state Bitcoin reserve. Instead, it focuses on fostering a supportive environment for blockchain technology and protecting residents’ rights to engage with digital assets. The bill now awaits the signature of Governor Spencer Cox, who has not yet indicated his stance. If signed into law, it will take effect on May 7, 2025, making Utah a progressive player in the US cryptocurrency landscape, e...

Key takeaways BTC dropped to the $80k zone on Sunday as bears take control of the market. Bitcoin Pepe’s presale officially crosses $4m a month after launch. BTC dips to $80k as sellers stay in control The cryptocurrency market was bearish over the weekend, with Bitcoin losing over 5% of its value over the weekend. At press time, the price of Bitcoin stands at $82,345, rebouncing slightly after dropping to the $80,100 level on Sunday.  The bearish performance gives retail investors an opportunity to buy more bitcoins and other strong altcoins. It also gives them the opportunity to get in early on new and exciting projects.  What is Bitcoin Pepe? The broader cryptocurrency market is bearish and investors are taking advantage of this by keying in on exciting new projects. Bitcoin Pepe is an exciting project that launched its presale a month ago and has already crossed excellent milestones.  The project seeks to revolutionise the Bitcoin ecosystem. Bitcoin Pepe...

Bitcoin season remains in play at an index of 14, as highlighted on CoinMarketCap. Even with heightened market volatility and revolutionary technologies like AI and Telegram gaming, BTC remains the most steady and reliable network. While it has dropped by about 20% since hitting its all-time high in late January, it is still 30% higher than it was a year ago.  Even so, savvy investors are increasingly looking for opportunities in the altcoins. More specifically, the meme culture has birthed numerous crypto millionaires. This is one of the reasons why revolutionary meme projects like Bitcoin Pepe are raising hefty figures in their first weeks of presale. Its adoption of the meme culture, coupled with the PEP-20 standard and layer-2 solution on the Bitcoin network places it on the list of crypto ICOs to watch in 2025. Bitcoin ETFs record massive outflows as BTC price remains in the red Bitcoin price is in the red for the second week in a row as the bulls strive to defend the s...

Crypto majors have remained under pressure despite President Trump’s talks of a US crypto reserve. Amid the tariff jitters and economic uncertainties, the market is in a risk-off mood. Nonetheless, savvy investors continue to look for opportunities beyond the majors. Bitcoin Pepe , the first meme ICO on Bitcoin’s network, is one of the projects on meme lovers’ radar. Its one-of-a-kind infrastructure and virality have positioned it for a crypto revolution with its early adopters earning heftily in the process. Bitcoin price caught between risk-off mood and bull run optimism Bitcoin price is back above the crucial support zone of $85,000 after plunging below it in the previous session. However, the market remains noisy as extreme fear overshadows the highly anticipated bull run of 2025. In the near term, the bulls will likely face resistance along the 25-day EMA at $92,177. That may yield range-bound trading with the major finding support at $85,073. Further rebounding will place t...

The first roundtable will commence on March 21 between 1 pm and 5 pm at the SEC’s headquarters in Washington DC Hester Peirce said she was “looking forward to drawing on the expertise of the public” The SEC has changed attitude toward the crypto industry, dropping several lawsuits The US Securities and Exchange Commission’s (SEC) crypto task force is expected to hold its first meeting later this month as it works on building a “workable, regulatory framework for crypto.” In a statement , the agency said its “Spring Sprint Toward Crypto Clarity” series will begin on March 21. It will kick off its roundtable discussions with “How We Got Here and How We Get Out – Defining Security Status.” The initial meeting will be open to the public and will take place from 1 pm to 5 pm at the SEC’s headquarters at 100 F Street, N.E., Washington, D.C. SEC Commissioner Hester Peirce , who is leading the Crypto Task Force, said: “I am looking forward to drawing on the expertise of the public in...

The crypto market has crashed, losing $1.01 billion in liquidations. Bitcoin (BTC) has plunged below $84k while altcoins like ETH and SOL have slumped 15-20% Bitcoin Pepe’s presale offers a compelling alternative with the price set to rise from $0.0255 to $0.0268 in next presale stage. The crypto market is reeling from a brutal wave of liquidations. Over $1 billion in leveraged positions have vanished in the last 24 hours, according to Coinglass data . The liquidations have hit traders hard across major exchanges. Bitcoin alone accounted for $396.16 million in wiped-out positions. Ethereum saw $209.58 million evaporate, and Solana’s liquidations reached $70.55 million. Even meme coins weren’t spared—Dogecoin saw over $20 million in liquidations. The crypto market erased gains made earlier this week Bitcoin (BTC) has plummeted below $84,000 gain, shedding nearly 10% of its value in a single day. The tumble has reversed its rally past $95,000 earlier this week. It has hit an intr...

Trump announced on Sunday that Solana, Cardano, and Ripple are to be included in the US strategic crypto reserve. The market reacted positively to the announcement as prices soared double digits for all alts. In the evening hours of Sunday, Mar. 02, President Trump announced plans to create a US strategic crypto reserve which will include Solana, Cardano, and Ripple in addition to Bitcoin and Ethereum . This decision, which was made to “make the US the crypto capital of the world”, simultaneously fulfils a campaign promise made at the Bitcoin conference in Nashville in November 2024. According to Trump on this social media platform, Truth Social, “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden administration, which is why my executive order on digital assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA,” This update provided enough bullish sentiment t...

The Bank of England has already spent £24 million on the digital pound project Neil Record, a former BoE economist said the bank is “no nearer to a digital pound being launched” Record believes the project is more for the bank than the public A former Bank of England (BoE) economist has said there’s “no customer demand” for a UK digital pound. In an op-ed in The Telegraph on March 3, Neil Record discussed the BoE’s central bank digital currency (CBDC) initiative, which was proposed four years ago . According to Record, getting the digital pound off the ground has been costly for taxpayers with the BoE having already spent £24 million on it. He added: “We appear to be no nearer to a digital pound being launched…This is a great deal of money for a project for which there is apparently no customer demand, and no output yet apparent.” Protecting the banks Over the past several years, how the UK public spends its money has significantly changed. In 2013, for instance, cash paymen...