šŸ” Market Summary

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Trump picks former Bitfury exec Jonathan Gould to lead the OCC, signaling ongoing shift to crypto-friendly regulators

Trump picks former Bitfury exec Jonathan Gould to lead the OCC, signaling ongoing shift to crypto-friendly regulators

President Donald Trump has reportedly tapped former blockchain executive Jonathan Gould to lead the Office of the Comptroller of the Currency.Ā Gould was previously chief legal officer at Bitfury and, before that, was senior deputy comptroller and chief counsel at the OCC, which regulates and supervi…

State-level Bitcoin reserve bills could drive $23 billion in buying, VanEck says

State-level Bitcoin reserve bills could drive $23 billion in buying, VanEck says

As talk of creating a national digital assets stockpile or reserve intensifies, representatives from Texas, Pennsylvania and Ohio, among others, have proposed using public funds to invest in cryptocurrencies or establish state-level bitcoin reserves.Asset manager VanEck recently analyzed 20 state-le…

Bitcoin struggles with heightened volatility as US tariffs and Fed policy fuel market uncertainty: analysts

Bitcoin struggles with heightened volatility as US tariffs and Fed policy fuel market uncertainty: analysts

Bitcoin has seen sharp price fluctuations over the past 24 hours, dipping to a local low of $95,000 early Wednesday before recovering slightly to trade around $96,500 at the time of writing. CoinGecko data indicates that the global cryptocurrency market cap now stands at $3.28 trillion, marking a 3.…

Central African Republic seemingly launches memecoin while doubts emerge

Central African Republic seemingly launches memecoin while doubts emerge

The official X account of the President of the Central African Republic appears to have announced that the country has launched a memecoin as part of an experiment to see whether it can benefit national development.ā€œToday, we are launching $CAR — an experiment designed to show how something as simpl…

Pump.Fun co-founder says most altcoins serve same purpose as memes

Pump.Fun co-founder says most altcoins serve same purpose as memes

Pump.fun co-founder Alon Cohen said that most tech altcoins feature the same value proposition as memecoins but come with low float, high fully-diluted value, and the involvement of venture capitalists, who are notorious for using retail traders as exit liquidity.Cohen was responding to a post insin…

Bitcoin Network Activity Plunges to Yearly Lows as BTC Struggles Below $100K: CryptoQuant

Bitcoin Network Activity Plunges to Yearly Lows as BTC Struggles Below $100K: CryptoQuant

The Bitcoin network seems like a ghost town, with its activities falling to the lowest level in a year. A Bitcoin Network Activity Index from the market analytics platform CryptoQuant hovers around 3,760, the lowest since February 2024, indicating that activity on the leading blockchain has plunged …

Arweave’s computing platform AO goes live on mainnet

Arweave’s computing platform AO goes live on mainnet

Decentralized storage project Arweave has officially launched the mainnet release of its computing platform, AO, following a year-long testnet phase.Native tokens previously minted and distributed to AR holders and testnet depositors are set to become transferable following this mainnet launch.AO, d…

Barstool founder Dave Portnoy promotes ā€˜JAILSTOOL’ token in response to backlash from memecoin trades

Barstool founder Dave Portnoy promotes ā€˜JAILSTOOL’ token in response to backlash from memecoin trades

Bartool Sports founder David Portnoy has landed in hot water after discussing recent memecoin trades on his X account, which boasts over 3.5 million followers.Ā Portnoy began by trading a coin styled after a contestant on the Spanish reality show La Isla De Las Tentaciones, called "Montoya por favor.…

Pseudonymous crypto founder Loopify raises $500,000 in crypto to fund humanitarian work in Gaza

Pseudonymous crypto founder Loopify raises $500,000 in crypto to fund humanitarian work in Gaza

Loopify, the pseudonymous crypto trader turned startup founder, has raised over $500,000 to fund humanitarian efforts in Gaza, he told The Block in an interview.Ā The initiative has been going on for about a year, and has been documented with posts featuring photos and videos of disbursements of food…

Telegram games had trouble earning revenue, retaining users in Q4: report

Telegram games had trouble earning revenue, retaining users in Q4: report

Millions of new users signing up to the Telegram-linked TON blockchain thanks to the meteoric rise ofĀ tap-to-earn games was heralded by many in web3 as one of last year's success stories. But that growth quickly came to a halt as by the fourth quarter of 2024 user activity shrank amid "disappointing…

BlackRock Now Owns 5% of MicroStrategy

BlackRock Now Owns 5% of MicroStrategy

A recent SEC filing revealed that BlackRock increased its stake in Strategy (formerly MicroStrategy) to 5%, equivalent to approximately 11.2 million shares.Strategy’s frequent Bitcoin acquisitions have made it a go-to option for institutional players seeking indirect Bitcoin investment.MicroStrategy…

SEC delays decision on BlackRock’s Ethereum ETF options trading until April 9

SEC delays decision on BlackRock’s Ethereum ETF options trading until April 9

The U.S. Securities and Exchange Commission delayed a decision on Friday on whether to approve BlackRock's proposal to list and trade options on its spot Ethereum exchange-traded fund.The SEC said it will decide on April 9, 2025, whether to approve or disapprove allowing options trading on the world…