391727
Semur
@semur #391727
I’m from minsk, i like football and basketball. I work with crypto several years.
1027 Follower 1742 Following
Binance Skips Pi Network Listing Again amid Heavy Token Sell-offs
The selected tokens, VIRTUAL, BIGTIME, UXLINK, MORPHO, GRASS, ATH, WAL, SAFE, ZETA, IP, ONDO, and PLUME, will undergo a final review process that considers community votes and factors like trading demand, compliance, and risk assessments.
Pi Network was also excluded from Binance’s first Vote to List event in March. The exchange has since clarified that it will only consider BNB-based projects for the initiative, effectively ruling out Pi Network from participation.
This has put an end to a possible listing via the new program. However, the Pi community members are still hopeful that the 26th largest digital asset could see a direct Binance listing in the near future.
https://www.coinspeaker.com/binance-skips-pi-network-listing/
The selected tokens, VIRTUAL, BIGTIME, UXLINK, MORPHO, GRASS, ATH, WAL, SAFE, ZETA, IP, ONDO, and PLUME, will undergo a final review process that considers community votes and factors like trading demand, compliance, and risk assessments.
Pi Network was also excluded from Binance’s first Vote to List event in March. The exchange has since clarified that it will only consider BNB-based projects for the initiative, effectively ruling out Pi Network from participation.
This has put an end to a possible listing via the new program. However, the Pi community members are still hopeful that the 26th largest digital asset could see a direct Binance listing in the near future.
https://www.coinspeaker.com/binance-skips-pi-network-listing/
Tokenized Stocks Are Sleeping Mammoth: Is ONDO Crypto The Best HODL This Decade?
Tokenized stocks are a sleeping giant industry in finance, and has the potential to reshape investment systems. They bridge traditional finance and Web3, and are now gaining traction, as seen with ONDO crypto. The tokenized stocks market are positioning themself as attractive crypto investments, while industry leaders predict tokenized stocks to surpass stablecoins in impact.
The concept of tokenized stocks involves representing traditional assets like equities on a blockchain, enabling fractional ownership, 24/7 trading, and global access.
It is predicted that tokenized equities will pocket stablecoins, unlocking liquidity and democratize access to high-value assets. They are expected to grow rapidly in the coming years.
https://99bitcoins.com/news/tokenized-stocks-are-sleeping-mammoth-is-ondo-crypto-the-best-hodl-this-decade/
Tokenized stocks are a sleeping giant industry in finance, and has the potential to reshape investment systems. They bridge traditional finance and Web3, and are now gaining traction, as seen with ONDO crypto. The tokenized stocks market are positioning themself as attractive crypto investments, while industry leaders predict tokenized stocks to surpass stablecoins in impact.
The concept of tokenized stocks involves representing traditional assets like equities on a blockchain, enabling fractional ownership, 24/7 trading, and global access.
It is predicted that tokenized equities will pocket stablecoins, unlocking liquidity and democratize access to high-value assets. They are expected to grow rapidly in the coming years.
https://99bitcoins.com/news/tokenized-stocks-are-sleeping-mammoth-is-ondo-crypto-the-best-hodl-this-decade/
Coinbase Victim of Latest Phishing Scam, Users Lose over $46 Million
Key Notes
- According to ZachXBT, one single theft of 400 BTC worth $34.9 million, was the biggest in the phishing scam. Fraud tactics like address poisoning and wallet spoofing continue to exploit users, with Coinbase remaining the most impersonated crypto brand.
- Coinbase advises users to enable two-factor authentication, use a dedicated email, and store funds in Coinbase vaults.
Blackchain sleuth ZachXBT has recently reported that users of crypto exchange Coinbase have collectively lost over $46 million just over the past two weeks to suspected phishing scams.
https://www.coinspeaker.com/coinbase-victim-of-phishing-scam/
Key Notes
- According to ZachXBT, one single theft of 400 BTC worth $34.9 million, was the biggest in the phishing scam. Fraud tactics like address poisoning and wallet spoofing continue to exploit users, with Coinbase remaining the most impersonated crypto brand.
- Coinbase advises users to enable two-factor authentication, use a dedicated email, and store funds in Coinbase vaults.
Blackchain sleuth ZachXBT has recently reported that users of crypto exchange Coinbase have collectively lost over $46 million just over the past two weeks to suspected phishing scams.
https://www.coinspeaker.com/coinbase-victim-of-phishing-scam/
Centralization and the dark side of asset tokenization — MEXC exec
Tracy Jin, the chief operating officer at the MEXC crypto exchange, warns that tokenizing real-world assets (RWAs) carries a substantial amount of centralized risks that can lead to censorship, liquidity issues, legal uncertainty, cybersecurity problems, and asset confiscation through state or third-party intermediaries.
In an interview with Cointelegraph, the executive said that as long as tokenized assets remain under the purview of state regulators and centralized intermediaries, then "tokenization will simply be a new version of old financial infrastructure and not a financial revolution." Jin added:
https://cointelegraph.com/news/centralization-dark-side-asset-tokenization-mexc-exec
Tracy Jin, the chief operating officer at the MEXC crypto exchange, warns that tokenizing real-world assets (RWAs) carries a substantial amount of centralized risks that can lead to censorship, liquidity issues, legal uncertainty, cybersecurity problems, and asset confiscation through state or third-party intermediaries.
In an interview with Cointelegraph, the executive said that as long as tokenized assets remain under the purview of state regulators and centralized intermediaries, then "tokenization will simply be a new version of old financial infrastructure and not a financial revolution." Jin added:
https://cointelegraph.com/news/centralization-dark-side-asset-tokenization-mexc-exec
Potential Bitcoin price fall to $65K ‘irrelevant’ since central bank liquidity is coming — Analyst
Bitcoin's 7% decline saw the price drop from $88,060 on March 26 to $82,036 on March 29 and led to $158 million in long liquidations. This drop was particularly concerning for bulls, as gold surged to a record high at the same time, undermining Bitcoin’s “digital gold” narrative. However, many experts argue that a Bitcoin rally is imminent as multiple governments take steps to avert an economic crisis.
The ongoing global trade war and spending cuts by the US government are considered temporary setbacks. An apparent silver lining is the expectation that additional liquidity is expected to flow into the markets, which could boost risk-on assets. Analysts believe Bitcoin is well-positioned to benefit from this broader macroeconomic shift.
https://cointelegraph.com/news/potential-bitcoin-price-fall-to-65-k-irrelevant-since-central-bank-liquidity-is-coming-analyst
Bitcoin's 7% decline saw the price drop from $88,060 on March 26 to $82,036 on March 29 and led to $158 million in long liquidations. This drop was particularly concerning for bulls, as gold surged to a record high at the same time, undermining Bitcoin’s “digital gold” narrative. However, many experts argue that a Bitcoin rally is imminent as multiple governments take steps to avert an economic crisis.
The ongoing global trade war and spending cuts by the US government are considered temporary setbacks. An apparent silver lining is the expectation that additional liquidity is expected to flow into the markets, which could boost risk-on assets. Analysts believe Bitcoin is well-positioned to benefit from this broader macroeconomic shift.
https://cointelegraph.com/news/potential-bitcoin-price-fall-to-65-k-irrelevant-since-central-bank-liquidity-is-coming-analyst
Polygon Founder Slams State of Crypto: Time to Escape AOL Era
The crypto industry has made major strides over the past decade. However, according to Polygon co-founder Sandeep Nailwal, crypto is still in its early, awkward stage, comparable to the AOL (America Online) dial-up era of the internet – one of the main ways people accessed the internet back then.
Nailwal’s critique highlights the growing pains holding the space back from mainstream adoption and what needs to happen before blockchain technology can achieve its full potential.
In recent interviews, Nailwal described today’s crypto landscape as equivalent to the late 1990s internet, where accessing the web was slow, clunky, and highly technical. He argues that despite explosive market growth, the average user still faces too many barriers when interacting with crypto platforms.
https://99bitcoins.com/news/polygon-founder-slams-state-of-crypto-time-to-escape-aol-era/
The crypto industry has made major strides over the past decade. However, according to Polygon co-founder Sandeep Nailwal, crypto is still in its early, awkward stage, comparable to the AOL (America Online) dial-up era of the internet – one of the main ways people accessed the internet back then.
Nailwal’s critique highlights the growing pains holding the space back from mainstream adoption and what needs to happen before blockchain technology can achieve its full potential.
In recent interviews, Nailwal described today’s crypto landscape as equivalent to the late 1990s internet, where accessing the web was slow, clunky, and highly technical. He argues that despite explosive market growth, the average user still faces too many barriers when interacting with crypto platforms.
https://99bitcoins.com/news/polygon-founder-slams-state-of-crypto-time-to-escape-aol-era/
Crypto VC Maven 11 raises $107 million for third fund amid cautious LP climate
Maven 11, a European crypto venture capital firm, has closed its third fund at $107 million — slightly exceeding its original $100 million target — the firm's chief investment officer and managing partner Balder Bomans told The Block.
The fundraise closed about nine months later than initially expected, with capital providers or limited partners (LPs) showing increased caution amid challenging crypto market conditions. "We've seen and experienced that capital providers have been more sensitive towards VC funding due to the general market conditions, part of which can be ascribed to the large and wide losses after the many 2022 fallouts," Bomans said.
https://www.theblock.co/post/348474/crypto-vc-maven-11-third-fund
Maven 11, a European crypto venture capital firm, has closed its third fund at $107 million — slightly exceeding its original $100 million target — the firm's chief investment officer and managing partner Balder Bomans told The Block.
The fundraise closed about nine months later than initially expected, with capital providers or limited partners (LPs) showing increased caution amid challenging crypto market conditions. "We've seen and experienced that capital providers have been more sensitive towards VC funding due to the general market conditions, part of which can be ascribed to the large and wide losses after the many 2022 fallouts," Bomans said.
https://www.theblock.co/post/348474/crypto-vc-maven-11-third-fund
The Daily: Trump removes bitcoin's 'last existential risk,' Hyperliquid delists JELLYJELLY after another whale manipulation event and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Happy Wednesday! With a relatively calm crypto market currently in "wait-and-see" mode, analysts at K33 predict more tariff-driven volatility as we approach President Trump's "Liberation Day" next week.
https://www.theblock.co/post/348334/the-daily-trump-removes-bitcoins-last-existential-risk-hyperliquid-delists-jellyjelly-after-another-whale-manipulation-event-and-more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Happy Wednesday! With a relatively calm crypto market currently in "wait-and-see" mode, analysts at K33 predict more tariff-driven volatility as we approach President Trump's "Liberation Day" next week.
https://www.theblock.co/post/348334/the-daily-trump-removes-bitcoins-last-existential-risk-hyperliquid-delists-jellyjelly-after-another-whale-manipulation-event-and-more
Bitcoin Poised For Next Big Move? BTC Still Trading Inside A Key Chart Pattern
This year has been remarkably rough for Bitcoin and the broader crypto market, driven by unfavorable macroeconomic and political conditions. Even though BTC hit a new all-time high of $109,000 earlier this year, the flagship asset has been under robust bearish pressure, causing a drop to about $76,000. However, BTC has started to gain upward movements, which analysts believe could be a part of a bigger uptrend.
Next Major Move To Be Determined By Chart Pattern
As Bitcoin demonstrates upside momentum following its recovery above $87,000 again, a persistent trend has been identified in its current price action. Captain Faibik, a seasoned crypto analyst and trader has revealed that BTC’s price dynamics center around a key chart pattern, particularly the Falling Wedge formation.
https://bitcoinist.com/bitcoin-inside-a-key-chart-pattern/
This year has been remarkably rough for Bitcoin and the broader crypto market, driven by unfavorable macroeconomic and political conditions. Even though BTC hit a new all-time high of $109,000 earlier this year, the flagship asset has been under robust bearish pressure, causing a drop to about $76,000. However, BTC has started to gain upward movements, which analysts believe could be a part of a bigger uptrend.
Next Major Move To Be Determined By Chart Pattern
As Bitcoin demonstrates upside momentum following its recovery above $87,000 again, a persistent trend has been identified in its current price action. Captain Faibik, a seasoned crypto analyst and trader has revealed that BTC’s price dynamics center around a key chart pattern, particularly the Falling Wedge formation.
https://bitcoinist.com/bitcoin-inside-a-key-chart-pattern/
Bitcoin Price Bid For $87,000 Sends Short Traders Running As Liquidation Losses Cross $110 Million
The Bitcoin price surge toward $87,000 has ignited a wave of short liquidations, forcing bearish traders to close their positions at a loss. In the last 24 hours, the total market liquidation passed $200,000, with the majority of this loss coming from short positions.
According to liquidation heatmaps from Coinglass, Bitcoin alone has accounted for $77.33 million in liquidations, with $67.04 million coming from short positions. This indicates that a large number of short traders expected BTC to decline but were forced to exit as prices moved against them and hit the $87,000 mark.
https://bitcoinist.com/bitcoin-price-bid-for-87000/
The Bitcoin price surge toward $87,000 has ignited a wave of short liquidations, forcing bearish traders to close their positions at a loss. In the last 24 hours, the total market liquidation passed $200,000, with the majority of this loss coming from short positions.
According to liquidation heatmaps from Coinglass, Bitcoin alone has accounted for $77.33 million in liquidations, with $67.04 million coming from short positions. This indicates that a large number of short traders expected BTC to decline but were forced to exit as prices moved against them and hit the $87,000 mark.
https://bitcoinist.com/bitcoin-price-bid-for-87000/
Trump's Policies Threaten US Dollar Dominance, Warns Economics Professor
In a recent essay for the Financial Times that is heating up discussions in economic circles, Berkeley professor and author of Exorbitant Privilege: The Rise and Fall of the Dollar, Barry Eichengreen argues that President Donald Trump’s policies are significantly undermining the foundations of U.S. dollar dominance and international economic relationships. Eichengreen highlights concerns over America’s economic exceptionalism, noting a decline in the U.S. share of global exports and the potential negative impact of Trump’s tariff policies and unilateral sanctions on the dollar’s status.
https://news.bitcoin.com/trumps-policies-threaten-us-dollar-dominance-warns-economics-professor/
In a recent essay for the Financial Times that is heating up discussions in economic circles, Berkeley professor and author of Exorbitant Privilege: The Rise and Fall of the Dollar, Barry Eichengreen argues that President Donald Trump’s policies are significantly undermining the foundations of U.S. dollar dominance and international economic relationships. Eichengreen highlights concerns over America’s economic exceptionalism, noting a decline in the U.S. share of global exports and the potential negative impact of Trump’s tariff policies and unilateral sanctions on the dollar’s status.
https://news.bitcoin.com/trumps-policies-threaten-us-dollar-dominance-warns-economics-professor/
South Korea Eyes Sanctions For Unregistered Foreign Crypto Exchanges Operating Illegally
South Korean financial authorities are considering sanctioning and blocking access to multiple overseas crypto exchanges, including BitMEX and KuCoin, for allegedly offering their services to Korean customers without registration.
On Friday, local news media outlet Hangyung reported that South Korea’s Financial Intelligence Unit (FIU) of the Financial Services Commission (FSC) has identified multiple foreign crypto exchanges providing services to Korean customers without proper registration.
The financial authority found that many well-known overseas crypto exchanges, including BitMEX, KuCoin, CoinW, Bitunix, and KCEX, have not registered as Virtual Asset Service Providers (VASPs) despite targeting Korean users.
https://bitcoinist.com/south-korea-eyes-sanctions-for-unregistered-foreign-crypto-exchanges-operating-illegally/
South Korean financial authorities are considering sanctioning and blocking access to multiple overseas crypto exchanges, including BitMEX and KuCoin, for allegedly offering their services to Korean customers without registration.
On Friday, local news media outlet Hangyung reported that South Korea’s Financial Intelligence Unit (FIU) of the Financial Services Commission (FSC) has identified multiple foreign crypto exchanges providing services to Korean customers without proper registration.
The financial authority found that many well-known overseas crypto exchanges, including BitMEX, KuCoin, CoinW, Bitunix, and KCEX, have not registered as Virtual Asset Service Providers (VASPs) despite targeting Korean users.
https://bitcoinist.com/south-korea-eyes-sanctions-for-unregistered-foreign-crypto-exchanges-operating-illegally/
Trump Declares Vision For America As The ‘Undisputed Bitcoin Superpower’
President Donald Trump recently addressed the Blockworks Digital Asset Summit in New York City, outlining his ambitious aspirations to establish the United States as an important force in the cryptocurrency sector, with Bitcoin (BTC) at the forefront.
During his speech, Trump proposed the creation of a national stockpile of Bitcoin along with legislative guidance aimed at fostering a supportive environment for the crypto industry.
“We’re ending the last administration’s regulatory war on crypto and Bitcoin,” he declared, signaling a stark departure from the regulatory stance of the Biden administration, which has taken a more cautious approach towards cryptocurrencies.
https://bitcoinist.com/trump-declare-america-undisputed-bitcoin-superpower/
President Donald Trump recently addressed the Blockworks Digital Asset Summit in New York City, outlining his ambitious aspirations to establish the United States as an important force in the cryptocurrency sector, with Bitcoin (BTC) at the forefront.
During his speech, Trump proposed the creation of a national stockpile of Bitcoin along with legislative guidance aimed at fostering a supportive environment for the crypto industry.
“We’re ending the last administration’s regulatory war on crypto and Bitcoin,” he declared, signaling a stark departure from the regulatory stance of the Biden administration, which has taken a more cautious approach towards cryptocurrencies.
https://bitcoinist.com/trump-declare-america-undisputed-bitcoin-superpower/
Solana Layer 2 Solaxy ($SOLX) has raised $27 million in its giant presale, underscoring the popularity of the go-to next-generation blockchain.
Solaxy is gaining much attention for its plan to obliterate the congestion problems afflicting the Solana network. But Solana’s growing pains are not holding it back, and implementing Layer 2 scalability solutions like Solaxy can achieve much more.
Solana ($SOL) is trading 1.7% higher at $133, as all major altcoins plus bitcoin trade in the green. Bitcoin is shifting up a gear to $85,741 in a 3.6% move.
Among the Solana coins, a clutch has shown resilience over the past 24 hours. Dogwifhat ($WIF) is up 8.75% at $0.495, Fartcoin ($FARTCOIN) advanced 24% to $0.344, decentralized exchange native token Raydium ($RAY) is at $1.85 for a 10.8% gain, and SPX6900 ($SPX) is 7.6% higher to $0.437.
https://99bitcoins.com/news/has-powell-just-set-bullrun-back-in-motion-fartcoin-leads-meme-revival-solx-blasts-27m-raised/
Solaxy is gaining much attention for its plan to obliterate the congestion problems afflicting the Solana network. But Solana’s growing pains are not holding it back, and implementing Layer 2 scalability solutions like Solaxy can achieve much more.
Solana ($SOL) is trading 1.7% higher at $133, as all major altcoins plus bitcoin trade in the green. Bitcoin is shifting up a gear to $85,741 in a 3.6% move.
Among the Solana coins, a clutch has shown resilience over the past 24 hours. Dogwifhat ($WIF) is up 8.75% at $0.495, Fartcoin ($FARTCOIN) advanced 24% to $0.344, decentralized exchange native token Raydium ($RAY) is at $1.85 for a 10.8% gain, and SPX6900 ($SPX) is 7.6% higher to $0.437.
https://99bitcoins.com/news/has-powell-just-set-bullrun-back-in-motion-fartcoin-leads-meme-revival-solx-blasts-27m-raised/
UNI token holders approve $165.5 million in new foundation funding, laying groundwork for long-promised 'fee switch'
The Uniswap community has voted in favor of two governance proposals to drive growth of the recently launched Unichain Layer 2 and Uniswap v4 protocols through a new grants program and other liquidity incentives. Notably, the governance decision lays the groundwork to activate the long-promised "fee switch."
Both proposals, part of the "Uniswap Unleashed" plan, aim to expand the Uniswap ecosystem and mark "the beginning of our community's next era" by unlocking "new opportunities to build, grow and to create and capture value," the Uniswap Foundation wrote on the social media platform X.
https://www.theblock.co/post/347172/uni-token-holders-approve-165-5-million-in-new-foundation-funding-laying-groundwork-for-long-promised-fee-switch
The Uniswap community has voted in favor of two governance proposals to drive growth of the recently launched Unichain Layer 2 and Uniswap v4 protocols through a new grants program and other liquidity incentives. Notably, the governance decision lays the groundwork to activate the long-promised "fee switch."
Both proposals, part of the "Uniswap Unleashed" plan, aim to expand the Uniswap ecosystem and mark "the beginning of our community's next era" by unlocking "new opportunities to build, grow and to create and capture value," the Uniswap Foundation wrote on the social media platform X.
https://www.theblock.co/post/347172/uni-token-holders-approve-165-5-million-in-new-foundation-funding-laying-groundwork-for-long-promised-fee-switch
Coinbase launches Verified Pools in select regions to provide more transparent onchain liquidity
The crypto exchange Coinbase said on Tuesday that it had launched Verified Pools, a set of liquidity pools available only to those verified by the firm.
Individuals and institutions in eligible locations in the United States, Singapore, Netherlands, British Virgin Islands, Cayman Islands, and the Channel Islands can use Coinbase's Verified Pools to offer safer and more transparent digital asset trading without intermediaries, according to the company release. Users can connect to the pools with the institutional-grade Prime Onchain Wallet, Coinbase Wallet or another wallet stamped with a Coinbase Verifications credential.
https://www.theblock.co/post/346934/coinbase-launches-verified-pools-in-select-regions-to-provide-more-transparent-onchain-liquidity
The crypto exchange Coinbase said on Tuesday that it had launched Verified Pools, a set of liquidity pools available only to those verified by the firm.
Individuals and institutions in eligible locations in the United States, Singapore, Netherlands, British Virgin Islands, Cayman Islands, and the Channel Islands can use Coinbase's Verified Pools to offer safer and more transparent digital asset trading without intermediaries, according to the company release. Users can connect to the pools with the institutional-grade Prime Onchain Wallet, Coinbase Wallet or another wallet stamped with a Coinbase Verifications credential.
https://www.theblock.co/post/346934/coinbase-launches-verified-pools-in-select-regions-to-provide-more-transparent-onchain-liquidity
Hashdex Seeks to Add Solana, XRP and Cardano to Index ETF Holding Bitcoin and Ethereum
Hasdex has asked the U.S. Securities and Exchange Commission to approve an amendment that would allow the digital asset manager to add XRP, Solana, Cardano and other major altcoins to its Hashdex Nasdaq Crypto Index US ETF (NCIQ), according to a filing with the regulator Monday.
The fund, which currently focuses primarily on Bitcoin and tracks a smaller percentage of Ethereum, would also include Chainlink, Uniswap, Litecoin, and Avalanche.
The filing comes as issuers have aimed to add coverage of altcoins in their crypto-tracking exchange-traded funds. In recent months, fund managers have proposed new investment offerings directly tracking the prices of a variety of cryptocurrencies, from Dogecoin to XRP, Solana, and even Donald Trump’s official meme coin.
https://decrypt.co/310193/hashdex-solana-xrp-cardano-etf-bitcoin
Hasdex has asked the U.S. Securities and Exchange Commission to approve an amendment that would allow the digital asset manager to add XRP, Solana, Cardano and other major altcoins to its Hashdex Nasdaq Crypto Index US ETF (NCIQ), according to a filing with the regulator Monday.
The fund, which currently focuses primarily on Bitcoin and tracks a smaller percentage of Ethereum, would also include Chainlink, Uniswap, Litecoin, and Avalanche.
The filing comes as issuers have aimed to add coverage of altcoins in their crypto-tracking exchange-traded funds. In recent months, fund managers have proposed new investment offerings directly tracking the prices of a variety of cryptocurrencies, from Dogecoin to XRP, Solana, and even Donald Trump’s official meme coin.
https://decrypt.co/310193/hashdex-solana-xrp-cardano-etf-bitcoin
How To Pick Crypto Tax Software?
If you interacted with crypto during 2024, a crypto tax software is a must-have tool for you to calculate your cryptocurrency gains and losses in this tax season.
Cryptocurrency exchanges are different than traditional stock brokers like Fidelity or JPMorgan. These brokers issue a consolidated Form 1099-B listing all your annual proceeds, cost basis and gains/losses from stock transactions. However, crypto exchanges like Coinbase & Gemini are not required to issue such tax forms for the 2024 tax year. Therefore, the burden of properly calculating gains and losses to be reported on the tax return falls on you.
(Note that crypto exchanges will be required to issue a Form 1099-DA starting the 2025 tax year)
https://www.forbes.com/sites/shehanchandrasekera/2025/03/16/how-to-pick-crypto-tax-software/
If you interacted with crypto during 2024, a crypto tax software is a must-have tool for you to calculate your cryptocurrency gains and losses in this tax season.
Cryptocurrency exchanges are different than traditional stock brokers like Fidelity or JPMorgan. These brokers issue a consolidated Form 1099-B listing all your annual proceeds, cost basis and gains/losses from stock transactions. However, crypto exchanges like Coinbase & Gemini are not required to issue such tax forms for the 2024 tax year. Therefore, the burden of properly calculating gains and losses to be reported on the tax return falls on you.
(Note that crypto exchanges will be required to issue a Form 1099-DA starting the 2025 tax year)
https://www.forbes.com/sites/shehanchandrasekera/2025/03/16/how-to-pick-crypto-tax-software/
Cardano Is ‘About To Break Free’ – Breakout Above Crucial Supply To Trigger A Big Move–Analyst
Altcoins and Cardano have been caught in extreme market swings, with high volatility and panic-driven sell-offs dominating price action. Since the start of March, ADA has lost over 44% of its value, reflecting the broader negative sentiment surrounding altcoins as investors remain uncertain about the market’s next move.
The entire crypto market has been under heavy selling pressure, and altcoins like Cardano have been hit the hardest. With fear gripping traders, ADA has failed to reclaim key levels, leaving many wondering if further downside is ahead. However, some analysts believe that a recovery rally could be on the horizon.
https://www.newsbtc.com/news/cardano/cardano-is-about-to-break-free-breakout-above-crucial-supply-to-trigger-a-big-move-analyst/
Altcoins and Cardano have been caught in extreme market swings, with high volatility and panic-driven sell-offs dominating price action. Since the start of March, ADA has lost over 44% of its value, reflecting the broader negative sentiment surrounding altcoins as investors remain uncertain about the market’s next move.
The entire crypto market has been under heavy selling pressure, and altcoins like Cardano have been hit the hardest. With fear gripping traders, ADA has failed to reclaim key levels, leaving many wondering if further downside is ahead. However, some analysts believe that a recovery rally could be on the horizon.
https://www.newsbtc.com/news/cardano/cardano-is-about-to-break-free-breakout-above-crucial-supply-to-trigger-a-big-move-analyst/
'Very possible' Bitcoin consolidates for 8 months again: 10x Research
10x Research’s head crypto researcher isn’t ruling out Bitcoin repeating its 2024 price action, where it spent the majority of the year consolidating after hitting all-time highs early on.
“Very possible,” Markus Thielen told Cointelegraph when asked what the chances of Bitcoin repeating a similar market movement to 2024. In March 2024, Bitcoin reached an all-time high of $73,679 before entering a consolidation phase, swinging within a range of around $20,000 up until Donald Trump was elected as US president in November.
https://cointelegraph.com/news/bitcoin-consolidation-phase-repeat-2024-price-action-possible-crypto-analyst
10x Research’s head crypto researcher isn’t ruling out Bitcoin repeating its 2024 price action, where it spent the majority of the year consolidating after hitting all-time highs early on.
“Very possible,” Markus Thielen told Cointelegraph when asked what the chances of Bitcoin repeating a similar market movement to 2024. In March 2024, Bitcoin reached an all-time high of $73,679 before entering a consolidation phase, swinging within a range of around $20,000 up until Donald Trump was elected as US president in November.
https://cointelegraph.com/news/bitcoin-consolidation-phase-repeat-2024-price-action-possible-crypto-analyst
Circle plans to bring $900M money market fund under DABA license
Circle plans to fully integrate its stablecoin USDC with USDY, making it “the preferred form” of yield-bearing collateral.
Circle, the creator of stablecoin USDC, announced on March 13 plans to bring its Hashnote Tokenized Money Market Fund (TMMF) under Bermuda regulatory oversight through the company’s existing Digital Assets Business Act (DABA) license.
Hashnote, which Circle acquired in January 2025, is the issuer of USDY, the largest tokenized treasury and money market fund with a total value locked (TVL) of $900 million, according to DefiLlama. The fund’s TVL has fallen from $1.9 billion as of Jan. 7.
https://cointelegraph.com/news/circle-plans-to-bring-900-m-money-market-fund-under-daba-license
Circle plans to fully integrate its stablecoin USDC with USDY, making it “the preferred form” of yield-bearing collateral.
Circle, the creator of stablecoin USDC, announced on March 13 plans to bring its Hashnote Tokenized Money Market Fund (TMMF) under Bermuda regulatory oversight through the company’s existing Digital Assets Business Act (DABA) license.
Hashnote, which Circle acquired in January 2025, is the issuer of USDY, the largest tokenized treasury and money market fund with a total value locked (TVL) of $900 million, according to DefiLlama. The fund’s TVL has fallen from $1.9 billion as of Jan. 7.
https://cointelegraph.com/news/circle-plans-to-bring-900-m-money-market-fund-under-daba-license
Low Fees Are A Symptom Of Deeper Problems
People tend to see low fee environments as a positive thing, a time to save money on using bitcoin. They are not.
People tend to celebrate periods of low feerates. It’s time to clean house, consolidate any UTXOs you need to, open or close any Lightning channels you’ve been waiting on, and inscribe some stupid 8-bit jpeg into the blockchain. They’re perceived as a positive time.
They are not. We have seen explosive price appreciation the last few months, finally hitting the 100k USD benchmark that everyone took for granted as preordained during the last market cycle. That’s not normal.
https://bitcoinmagazine.com/takes/low-fees-are-a-symptom-of-deeper-problems
People tend to see low fee environments as a positive thing, a time to save money on using bitcoin. They are not.
People tend to celebrate periods of low feerates. It’s time to clean house, consolidate any UTXOs you need to, open or close any Lightning channels you’ve been waiting on, and inscribe some stupid 8-bit jpeg into the blockchain. They’re perceived as a positive time.
They are not. We have seen explosive price appreciation the last few months, finally hitting the 100k USD benchmark that everyone took for granted as preordained during the last market cycle. That’s not normal.
https://bitcoinmagazine.com/takes/low-fees-are-a-symptom-of-deeper-problems
Cantor Fitzgerald’s Bitcoin Business to Use Anchorage Digital and Copper
The firms selected by Cantor Fitzgerald are at the forefront in working with traditional financial services firms eager to participate in the crypto space.
Cantor Fitzgerald plans to use crypto platforms Anchorage Digital and Copper as part of its Bitcoin financing business, the asset manager said on Tuesday.
The firms will be tasked with helping safeguard client’s digital assets as collateral managers and custodians, Cantor Fitzgerald said in a press release.
Anchorage Digital and Copper offer “industry-leading security solutions,” Cantor Fitzgerald’s Head of Bitcoin Financing Michael Cunningham said in a statement, adding that the firm’s new service is expected to debut “with $2 billion in initial financing.”
https://decrypt.co/309563/cantor-fitzgeralds-bitcoin-business-to-use-anchorage-and-copper
The firms selected by Cantor Fitzgerald are at the forefront in working with traditional financial services firms eager to participate in the crypto space.
Cantor Fitzgerald plans to use crypto platforms Anchorage Digital and Copper as part of its Bitcoin financing business, the asset manager said on Tuesday.
The firms will be tasked with helping safeguard client’s digital assets as collateral managers and custodians, Cantor Fitzgerald said in a press release.
Anchorage Digital and Copper offer “industry-leading security solutions,” Cantor Fitzgerald’s Head of Bitcoin Financing Michael Cunningham said in a statement, adding that the firm’s new service is expected to debut “with $2 billion in initial financing.”
https://decrypt.co/309563/cantor-fitzgeralds-bitcoin-business-to-use-anchorage-and-copper
Bitcoin Gold Card in the US? Crypto Insider Floats Proposal
David Bailey, CEO of BTC Inc. and one of the attendees of the Trump Administration’s crypto summit, stated that there should be a path for paying for the proposed “gold card” with bitcoin. This would allow the country to add to its recently formed strategic Bitcoin reserve without using taxpayers’ funds.
The official enactment of a strategic bitcoin reserve (SBR) in the U.S., and the intention of growing it by the Trump administration, has opened a plethora of possibilities to achieve this goal without involving taxpayers’ money.
https://news.bitcoin.com/bitcoin-gold-card-in-the-us-crypto-insider-floats-proposal/
David Bailey, CEO of BTC Inc. and one of the attendees of the Trump Administration’s crypto summit, stated that there should be a path for paying for the proposed “gold card” with bitcoin. This would allow the country to add to its recently formed strategic Bitcoin reserve without using taxpayers’ funds.
The official enactment of a strategic bitcoin reserve (SBR) in the U.S., and the intention of growing it by the Trump administration, has opened a plethora of possibilities to achieve this goal without involving taxpayers’ money.
https://news.bitcoin.com/bitcoin-gold-card-in-the-us-crypto-insider-floats-proposal/
World Liberty Financial amasses millions in ETH, WBTC and MOVE ahead of White House Crypto Summit
Ahead of the White House Crypto Summit, World Liberty Financial — a decentralized finance venture associated with President Donald Trump and his family — increased its cryptocurrency holdings, according to onchain analysis.
On Thursday, on-chain data revealed that World Liberty Financial made a substantial addition to its treasury, acquiring $10 million in ether, $10 million in Wrapped Bitcoin (WBTC), and $1.5 million worth of MOVE, the native token of the Movement Network blockchain ecosystem. "Hours ago, Trump’s project World Liberty Financial made a $25 million crypto play, with $10 million in $, $10 million in $WBTC, and $1.5 million $MOVE, more to come?," blockchain analytics firm Nansen posted on X.
https://www.theblock.co/post/344880/world-liberty-financial-eth-wbtc-move-white-house-crypto-summit
Ahead of the White House Crypto Summit, World Liberty Financial — a decentralized finance venture associated with President Donald Trump and his family — increased its cryptocurrency holdings, according to onchain analysis.
On Thursday, on-chain data revealed that World Liberty Financial made a substantial addition to its treasury, acquiring $10 million in ether, $10 million in Wrapped Bitcoin (WBTC), and $1.5 million worth of MOVE, the native token of the Movement Network blockchain ecosystem. "Hours ago, Trump’s project World Liberty Financial made a $25 million crypto play, with $10 million in $, $10 million in $WBTC, and $1.5 million $MOVE, more to come?," blockchain analytics firm Nansen posted on X.
https://www.theblock.co/post/344880/world-liberty-financial-eth-wbtc-move-white-house-crypto-summit
