DTCC to promote ERC3643 token standard
The Depository Trust & Clearing Corporation (DTCC) — the US’s primary clearinghouse for securities transactions — has committed to promoting Ethereum’s ERC-3643 standard for permissioned securities tokens, according to a March 20 announcement. DTCC is joining the ERC3643 Association, a nonprofit dedicated to catalyzing the standard’s adoption with the goal of “promoting and advancing the […]
Bitfinex Bitcoin longs hit 6-month high — Will BTC price follow?
Bullish Bitcoin (BTC) positions using leverage on the Bitfinex exchange surged to their highest level in nearly six months, reaching 80,333 BTC on March 20—equivalent to $6.92 billion. The 27.5% increase in Bitcoin margin longs since Feb. 20 has fueled speculation that the 12.5% BTC price gain from the $76,700 low on March 11 is […]
Bitcoin volatility hits 3.6% amid heightened market uncertainty
Bitcoin (BTC) volatility climbed to 3.6% on March 19 — the highest point since August 2024, according to data from CoinGlass. The volatility reflects heightened market uncertainty amid structural unknowns in the US economy, according to Uldis Tearudklans, chief revenue officer at UK-based cryptocurrency exchange Paybis. “The policy landscape is becoming more complex with the […]
Ethereum co-founder Joe Lubin on the future of Ethereum — DAS
Ethereum co-founder Joe Lubin discussed the future of the smart contract network at the Digital Asset Summit and said layer-2 (L2) scaling networks would continue to be central to the Ethereum ecosystem. In an exclusive interview with Cointelegraph’s Turner Wright, Lubin said applications will require next-generation databases powered by high-throughput blockchain technologies. The Ethereum co-founder […]
Pump.fun launches own DEX, drops Raydium
Pump.fun has launched its own decentralized exchange (DEX) called PumpSwap, potentially displacing Raydium as the primary trading venue for Solana (SOL) memecoins. Starting on March 20, memecoins that successfully bootstrap liquidity, or “bond,” on Pump.fun will migrate directly to PumpSwap, Pump.fun said in an X post. Previously, bonded Pump.fun tokens migrated to Raydium, which emerged […]
SEC says proof-of-work mining does not constitute securities dealing
The US Securities and Exchange Commission’s Division of Corporation Finance has clarified its views on proof-of-work mining, arguing that such activities do not constitute “the offer and sale of securities” as outlined in the Securities Act of 1933, so long as they meet certain criteria. In a March 20 statement, the SEC division addressed the […]
‘Successful’ ETH ETF less perfect without staking — BlackRock
BlackRock’s head of digital assets, Robbie Mitchnick, described the firm’s Ether (ETH) exchange-traded fund (ETF) as a “tremendous success” but acknowledged a key limitation. Speaking on March 20 at the Digital Asset Summit, he noted that the ETF is “less perfect” without staking, highlighting a crucial feature absent from the current offering. “A staking yield […]
ZachXBT says he unmasked mysterious 50x Hyperliquid whale
Onchain sleuth ZachXBT said he had identified the mysterious whale who profited $20 million from highly leveraged trades on Hyperliquid and GMX as a British hacker going by the name William Parker. According to ZachXBT’s March 20 X post, Parker — who was previously known as Alistair Packover before changing his name — was arrested […]
Kevin O’Leary reveals key catalysts that could reverse the bearish trend
The crypto market is currently facing significant pressure, largely due to US President Donald Trump’s trade war and deteriorating macroeconomic conditions. These factors have put markets under strain, with some analysts predicting that the bull run is over and a bear market may be on the horizon. In a recent Cointelegraph interview, Kevin O’Leary, also […]
Canary files for PENGU ETF
Asset manager Canary Capital has filed to list an exchange-traded fund (ETF) holding Pengu (PENGU), the governance token of the Pudgy Penguins non-fungible token (NFT) project, US regulatory filings show. The ETF is the latest in a slew of filings for new US investment products tied to spot cryptocurrencies, including altcoins and memecoins. According to […]