Day: March 25, 2025

NYDIG To Acquire Crusoe’s Bitcoin Mining Operations

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NYDIG has announced plans to acquire Crusoe’s bitcoin mining operation, including its Digital Flare Mitigation (DFM) business. The transaction is subject to regulatory approvals, customary consents, and final closing. When completed, approximately 135 Crusoe employees will join NYDIG and continue operating the business under its ownership. No job eliminations are expected as a result of the acquisition. The financial terms of the deal have not been disclosed. “Our partnership with Crusoe was founded on a shared cultural alignment and mutual commitment to driving advancements at the intersection of power and…

Berkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings

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Nubank, a Latin American financial bank backed by Warren Buffett’s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) to its 100 million clients in Brazil, according to a March 25 announcement. The four coins had a combined market capitalization of $34.6 billion at time of writing. Nubank’s revenue grew to nearly $3 billion at the end of 2024 from $245 million in the first quarter of 2021, Statista data show.…

Ripple will drop cross-appeal in SEC case, get refund from lower court ruling

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Blockchain firm Ripple Labs’ case with the US Securities and Exchange Commission (SEC) may be officially wrapped up after more than four years, subject to court approval. According to a March 25 X post from chief legal officer Stuart Alderoty claiming what could be “the last update on SEC v. Ripple ever,” the executive said Ripple will drop its cross-appeal against the SEC in the US Court of Appeals for the Second Circuit. An August 2024 judgment from the US District Court for the Southern District of New York finding…

Waiting for altcoin season? Data suggests it’s already here

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Few things in crypto are as elusive and misunderstood as the concept of an “altcoin season.” Traditionally, this term referred to a brief window — usually 2–3 months — following a Bitcoin (BTC) price rally, where altcoins outperform BTC in cumulative returns. That pattern held in the 2015–2018 and 2019–2022 cycles, but the verdict is not yet in on whether the current bull market has had its altcoin season.  The Blockchain Center defines an altcoin season as a period when 75% of the top 50 altcoins outperform Bitcoin over a…

SEC vs Ripple set to end as $50M settlement and dropped appeals clear final steps

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Key Takeaways Ripple agreed to a settlement with the SEC, paying a $50M fine. The SEC will request lifting of the injunction that required Ripple to register future securities. Share this article Ripple and the SEC reached a settlement today, with Ripple agreeing to pay a reduced fine of $50 million — down from the original $125 million penalty imposed in the landmark crypto case — according to a tweet by Ripple’s chief legal officer, Stuart Alderoty. The final crossing of t’s and dotting of i’s – and what should…

SEC nominee Atkins discloses at least $327M in assets ahead of confirmation hearing

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Paul Atkins, US President Donald Trump’s nominee to lead the Securities and Exchange Commission (SEC), disclosed combined employment assets of at least $327 million with his wife ahead of a scheduled confirmation hearing with the US Senate Banking Committee. Atkins and his wife, Sarah Humphreys, held up to a combined $327 million in assets, in part through their respective stakes in Atkins’ consulting firm Patomak Global Partners and Tamko Building Products, according to a financial disclosure report made public by the US Office of Government Ethics on March 25. Humphreys…

Cboe seeks approval for Fidelity’s Solana ETF

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Cboe BZX Exchange, a US securities exchange, has requested permission to list a proposed Fidelity exchange-traded fund (ETF) holding Solana (SOL), according to March 25 filings.  The request now sits with the US Securities and Exchange Commission, which must approve the filing before trading of the Fidelity Solana Fund can commence on the exchange. This is the latest in a spate of filings with the federal agency by exchanges and fund sponsors seeking to launch ETFs holding SOL and other cryptocurrencies.  On March 12, Cboe filed to list another spot…

Brazil’s data watchdog upholds ban on World crypto payments

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Brazil’s data protection agency has upheld its decision to restrict cryptocurrency compensation tied to the World ID project, citing user privacy concerns.  The National Data Protection Authority (ANDP) rejected a petition by World ID developer Tools For Humanity to review its ban on offering financial compensation to users who provide biometric data through iris scans, the agency said in a March 25 announcement.   ANDP will “maintain the suspension of the granting of financial compensation, in the form of cryptocurrency (Worldcoin – WLD) or in any other format, for any World…

Bitcoin holds gains amid rising BTC ETF net flows, Coinbase premium and Trump tariff rollback

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Bitcoin (BTC) price opened the week with strength, rallying to a daily high at $88,804, which was met by praise from analysts who have identified the $90,000 to $92,000 zone as the key price level to hit in the short term.  The market found strength on March 24 after US President Donald Trump suggested that his April 2 “tariff number” announcement could be softer than expected after cars and microchips were removed from the list.  According to Ben Yorke, the vice president of ecosystem at WOO, “The White House’s decision…

History suggests that digital gold can rush in an economic revolution

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Opinion by: Michael Amar, co-founder of Chain of Events and general partner at v3nture Once upon a time, in 1848, a man could walk into the wilderness on the brink of poverty and emerge, caked in mud, dust and days-old sweat, a multimillionaire. The discovery of gold in California in the mid-19th century ignited a fuse, causing explosive ripples that transformed the American economy. In 2025, a relatively new resource, less shiny but no less brilliant and scarce, looks set to reshape the global economy and spark another race for…