Venture capital firms invest $400M in TON blockchain
Update (March 20 at 4:41 PM UTC): This article has been updated to clarify that the token sale was not directed at the TON Foundation. The Open Network Foundation, also known as TON Foundation, said several venture capital firms invested more than $400 million in the TON blockchain, signaling growing interest in the Telegram messaging […]
Bitcoin Coinbase premium returns — Is $90K BTC price in the cards?
The Bitcoin (BTC) Coinbase premium index reached its highest level since Feb. 20 after BTC prices rallied 5% on March 19. Bitcoin’s Coinbase premium index. Source: CryptoQuant Return of Coinbase premium highlights Bitcoin accumulation The Coinbase premium index measures the price difference between Coinbase and Binance prices for BTC pairs, where a higher value signals […]
Trump becomes first US sitting president to speak at a crypto conference
US President Donald Trump is steadily aligning his administration with the crypto industry. On March 20, he addressed a community conference for the first time since being elected. Speaking at the Blockworks Digital Asset Summit on March 20 in a pre-recorded statement, Trump reiterated that the US would take steps to ensure it is the […]
TON-based XDAO protocol grants legal status to 367k DAOs
XDAO, a protocol based on The Open Network (TON), has enabled over 367,000 decentralized autonomous organizations (DAOs) to achieve legal status through its initiative that automates legal recognition for such organizations. In an announcement, XDAO said it had streamlined the DAO creation process to allow DAOs to achieve legal status. An XDAO spokesperson told Cointelegraph […]
Trump says US will be ‘Bitcoin superpower’ as BTC price breaks 4-month downtrend
Bitcoin (BTC) sought to reinforce higher support at the March 20 Wall Street open as bulls broke out of a key downtrend. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Trump pledges to make US “Bitcoin superpower” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning above $86,000. Now circling the daily open, Bitcoin continued to build […]
Tax agencies will double down on crypto before Bitcoin hits $1M
Opinion by: Robin Singh, CEO of Koinly In the race between regulation and Bitcoin (BTC) all-time highs, there is no doubt tax agencies will double down on their crypto-tracking systems well before Bitcoin hits $1 million. Crypto investors shouldn’t become complacent or assume they can skate by until the million-dollar price tag. In addition to […]
The fallacy of scalability — why layer 2s won’t save crypto
Opinion by: Dan Hughes, founder of Radix Crypto has spent years betting on layer-2 (L2) solutions as its magic bullet for fixing issues with scalability. What if they’re the very thing putting us at risk? Instead of paving the way for mass adoption, this fixation has created a tangled web of rollups, bridges and fragmented […]
Russia civic chamber proposes dedicated fund for confiscated crypto assets
Amid the growing adoption of cryptocurrency reserves in countries like the United States, legal activists in Russia are pushing to create a potential crypto fund. Evgeny Masharov, a member of the Russian Civic Chamber, has proposed creating a government cryptocurrency fund that would include assets confiscated from criminal proceedings. The projected cryptocurrency fund would aim […]
Ripple celebrates SEC’s dropped appeal, but crypto rules still not set
Ripple is celebrating the United States Securities and Exchange Commission’s (SEC) decision not to pursue a court case against the firm, but it provides little legal certainty for the crypto industry. The US financial regulator has apparently dropped an appeal against Ripple, the issuing firm of crypto asset XRP. The industry saw the case as […]
Solana futures ETF to grow institutional adoption, despite limited inflows
The crypto industry is set to debut the first Solana futures exchange-traded fund (ETF), a significant development that may pave the way for the first Solana spot ETF, as the “next logical step” for crypto-based trading products, according to industry watchers. Volatility Shares is launching two Solana (SOL) futures ETFs, the Volatility Shares Solana ETF […]