Day: March 26, 2025

SEC plans 4 more crypto roundtables on trading, custody, tokenization, DeFi

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The US Securities and Exchange Commission will host four more crypto roundtables — focusing on crypto trading, custody, tokenization and decentralized finance (DeFi) — after hosting its first crypto roundtable on March 21. The series of roundtables, organized by the SEC’s Crypto Task Force, will kick off with a discussion on tailoring regulation for crypto trading on April 11, the SEC said in a March 25 statement. A roundtable on crypto custody will follow on April 25, with another to discuss tokenization and moving assets onchain on May 12. The…

Custodia and Vantage Bank partner for ‘first bank-issued stablecoin’

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The crypto-friendly Custodia Bank has worked with Vantage Bank to complete what the two firms say is “America’s first-ever bank-issued stablecoin” on a permissionless blockchain. Custodia said on March 25 that it tokenized US dollar demand deposits and facilitated the issuance, transfer and redemption of the stablecoin “Avit” on Ethereum via the ERC-20 token standard. “A new US dollar payment rail has now been activated inside the US banking system,” Custodia added. “We broke ground on the legal/regulatory front, proving that US banks can collaborate to tokenize demand deposits on…

Cardano (ADA) Next Move—Are Traders Eyeing a Big Push Higher?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Bitcoin, Ethereum to end Q1 in the red, ‘vertical swing up’ unlikely

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Bitcoin and Ethereum are poised to suffer their worst first quarter in years unless they can pull off a huge rally in the next few days. Ether (ETH) has dropped 37.98% so far over the first quarter of 2025, its worst Q1 decline since 2018, when it plunged 46.61%, according to CoinGlass data. Meanwhile, Bitcoin (BTC) is down 6.49% so far over the quarter, which is slated to end on March 31 — marking its worst Q1 performance since 2020, when it saw a 10.83% decline.  Crypto market unlikely to…

Celo returns home to Ethereum as layer 2, migration completed

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Key Takeaways Celo has switched to Ethereum layer 2 after almost two years of work. The upgrade has reduced block times and integrated native bridging with Ethereum. Share this article Celo has successfully transitioned from a standalone layer 1 blockchain to an Ethereum layer 2 platform using Optimism’s OP Stack and EigenDA for data availability. The migration was finalized on March 26, 2025 with the activation of the Celo L2 Mainnet at block height 31056500, according to an update from celol2countdown.xyz. In a statement celebrating the milestone, the Celo team…

XRP Price Struggles at Key Resistance—Can Bulls Force a Breakout?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Crusoe to sell Bitcoin mining business to NYDIG to focus on AI

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Crusoe Energy, a company that captures waste gas from oil to power high-performance compute, is selling its Bitcoin mining business to New York Digital Investment Group (NYDIG) to focus on artificial intelligence.  In a March 25 announcement, Crusoe said it plans to sell its Bitcoin (BTC) mining operation,  including its digital flare mitigation business, to NYDIG, subject to regulatory approvals and other consents.  The deal includes Crusoe’s 270 megawatts of power generation technology from more than 425 modular data centers across the United States and Argentina, along with 135 Crusoe…

Bitcoin rebound to $88.5K stirs retail optimism, but there’s a catch: Santiment

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Key Takeaways Bitcoin surged to $88,500 following a period of fear when prices dipped to $78,000. Arthur Hayes projects Bitcoin will exceed $110,000 due to anticipated US Fed policy shifts. Share this article Bitcoin’s resurgence to $88,500 has reignited optimism among retail traders, but blockchain analysis firm Santiment’s analysis of social media predictions suggests caution. In late February and early March, Bitcoin faced major pressure, with prices dropping to $78,000 twice. The decline was driven by several factors, including President Trump’s economic policies and tariffs, as well as macroeconomic factors.…

Crypto influencer Ben ‘Bitboy’ Armstrong arrested in Florida

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Crypto influencer Ben Armstrong, also known as “BitBoy,” has been arrested in Florida after disclosing on social media just days ago that a warrant was out for his arrest. Florida’s Volusia County Division of Corrections listed Armstrong as a fugitive from justice who was taken in custody on March 25 at 7:18 pm local time. A screenshot of the Volusia Country Corrections website showing details of Ben Armstrong’s arrest. Source: Volusia County Division of Corrections Days prior, Armstrong said in a March 21 X post that he could “confirm that…

Bitcoin Price Next Move Hinges on Support—Break or Bounce?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin price started a steady increase above the $86,500 zone. BTC is now correcting gains and might find bids near the $87,000. Bitcoin started a decent recovery wave above…