Month: March 2025

The market crashed, but the billion-dollar circus rolls on

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Opinion by: Igor Zemtsov, chief technology officer at TBCC Following “Libragate,” memecoin prices crashed, with their market cap falling nearly 60% from 2025’s highs. But meme tokens, dead? They’ve got more lives than a cat on caffeine. Despite the chaos, memecoins were still holding a $47.9-billion market cap as of March 10. It’s not exactly spare change. Meanwhile, degens are still out here “buying the dip” like it’s a Black Friday sale, convinced that absurdly named tokens like Unicorn Fart Dust, Fartcoin and Buttcoin will print them a 100x profit…

Strategy Buys $1.92 Billion Worth Of Additional Bitcoin

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Business intelligence company Strategy continued stacking sats by acquiring 22,048 bitcoin worth nearly $2 billion. According to a March 31 SEC filing, Strategy purchased the coins for $1.92 billion last week, or around $86,969 per bitcoin. This boosted the company’s total bitcoin treasury to 528,185 BTC acquired for $35.63 billion. At bitcoin’s current price of approximately $82,000, Strategy’s holdings are now valued at over $43 billion. Michael Saylor continues aggressively accumulating bitcoin. The recent buys were funded mostly through issuing $1.2 billion of new MSTR common shares. By buying bitcoin…

Kiln joins TRON Network as newest Super Representative

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Share this article Paris, March 31, 2025 –  Kiln is pleased to announce it has become the newest Super Representative of TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps). This strategic integration strengthens the blockchain’s infrastructure and expands an ecosystem of trusted validators. As a Super Representative, Kiln will assist with validating transactions, producing blocks, and maintaining network security. About Kiln Kiln is a leading staking and DeFi platform that enables a seamless experience for users to actively…

Trump trade war hits Bitcoin, $22M in DeFi hacks

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March was a rough month for markets — US President Donald Trump’s uncertain tariff policies created volatility in Bitcoin and crypto markets; meanwhile, decentralized finance (DeFi) struggled with security concerns. Retaliatory tariffs on US goods in China and the European Union hit markets on March 10 and 12, respectively. Amid the tête-à-tête between the United States and its largest trade partners, Bitcoin managed to recover on March 24 to $88,0000 before slumping down again to around $82,000 at the time of writing. A number of state legislatures are considering Bitcoin-…

BNB Chain catches memecoin wave as Solana wipes out

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BNB Chain, the Ethereum Virtual Machine (EVM)-compatible network tied to cryptocurrency exchange Binance, is experiencing a resurgence in the decentralized finance (DeFi) and memecoin spaces just as some of its rivals face an identity crisis. For most of 2024 and into early 2025, Solana dominated the retail DeFi narrative. It became the network of choice for memecoins tied to celebrities, influencers and political figures, including US President Donald Trump. However, the ecosystem took a reputational hit after Argentine President Javier Milei jumped on the memecoin bandwagon. His associated project, “Libra,”…

XRP bulls in ‘denial’ as price trend mirrors previous 75-90% crashes

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XRP (XRP) has lost more than 40% since hitting a multi-year high near $3.40 in January, and onchain data suggests the downtrend could deepen in the weeks ahead. “Denial” preceding past 75-90% XRP crashes is back XRP’s Net Unrealized Profit/Loss (NUPL) data from Glassnode suggests the token may be heading for another extended downturn. The metric, which gauges the aggregate unrealized gains or losses of XRP holders, has historically served as a reliable barometer of potential trend reversals. In past market cycles, NUPL has peaked in the so-called “euphoria” zone…

NFT marketplace X2Y2 shuts down after 3 years, pivots to AI

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Non-fungible token (NFT) marketplace X2Y2 announced it is shutting down after three years of operation. According to a March 31 announcement, X2Y2 will shut down on April 30, with the team switching its focus to an artificial intelligence project. The team shared its enthusiasm for the rapidly growing sector: “It’s a pivot. Over the last 12 months, we’ve been diving deep into AI—hands down the biggest paradigm shift we’ll see in our lifetimes—and how it can transform crypto. We’re building something new.“ Token Terminal data shows that X2Y2 saw $53.6…

Ethereum price down almost 50% since Eric Trump’s ‘add ETH’ endorsement

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Ethereum’s native token, Ether (ETH) has lost almost half its value two months after Eric Trump, son of US President Donald Trump, told his 5.7 million followers that it was a “great time” to add the biggest altcoin to their portfolios. Source: X/Eric Trump President Trump spoils son’s bullish ETH outlook As of March 31, Ether was trading for as low as $1,820, down approximately 40% since Eric Trump’s bullish tweet. ETH/USD daily price chart. Source: TradingView Meanwhile, Ether’s crypto market share has plunged from 10.28% at the time of…

Michael Saylor’s Strategy buys Bitcoin dip with $1.9B purchase

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Michael Saylor’s Strategy bought nearly $2 billion of Bitcoin, taking advantage of a recent price dip despite growing market concerns tied to US President Donald Trump’s upcoming tariff announcement. Strategy, formerly MicroStrategy, has acquired 22,048 Bitcoin (BTC) for $1.92 billion at an average price of approximately $86,969 per Bitcoin. The company now holds over 528,000 Bitcoin acquired for $35.63 billion at an average price of $67,458 per BTC, announced Michael Saylor, the co-founder of Strategy, in a March 31 X post. Source: Michael Saylor Strategy is the world’s largest corporate…

Trump Family Is Investing In A Bitcoin Mining Company

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The Trump family is expanding its growing bitcoin and crypto portfolio by investing in a new bitcoin mining venture called American Bitcoin. Donald Trump Jr. and Eric Trump are merging their firm, American Data Centers, with Hut 8, a publicly traded bitcoin miner, to form the new company. The Trump brothers will hold a 20% stake in American Bitcoin, with Hut 8 owning the remaining 80%. The deal brings 61,000 mining machines from Hut 8 into American Bitcoin. The company also plans to build its own “bitcoin reserve” by retaining…