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The crypto payments network Mesh raised $82 million in Series B funding led by the crypto venture firm Paradigm.Consensys, QuantumLight Capital, Yolo Investments and others also participated in the round, bringing Mesh's total funding to date to $120 million, according to a company release. Addition…
Securities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity’s Ether exchange-traded fund (ETF), according to a March 11 filing. The filing marks Cboe’s latest attempt to support staking for the Ether funds traded on its US exchange. Cboe’s proposed rul…
Standard Chartered's Head of Digital Assets Research Geoff Kendrick believes Bitcoin's recent price action is closely aligned with broader risk asset distress rather than issues specific to the cryptocurrency itself."I would argue that Bitcoin has traded solidly within this ‘Magnificent Seven plus B…
The total value of cryptocurrencies locked (TVL) in decentralized finance (DeFi) protocols has lost all its gains since Donald Trump was elected US president in November 2024.Following the US election, DeFi TVL rose to as high as $138 billion on Dec. 17, but had retracted to $92.6 billion by March 1…
Top Stories of The WeekDonald Trump signs executive order for Strategic Bitcoin ReserveUS President Donald Trump has signed an executive order that creates a Strategic Bitcoin Reserve and a Digital Asset Stockpile, both of which will initially use cryptocurrency forfeited in government criminal case…
This week, the crypto market, led by bitcoin (BTC), received positive news and reacted accordingly. However, the reaction was short-lived, and the entire field has returned to stagnation and negative trajectories.A weekly report from the market analytics platform CryptoQuant revealed that real spot …
Solana will host the Solana AI Summit in San Jose on March 16th, bringing together builders from Akash, Render, Hyperbolic, and others focused on AI and cryptocurrency products.The event is scheduled for the day before the Game Developers Conference (GDC), offering an opportunity to explore developm…
Sellers continue their pressure after a few days of market bounce back, according to CoinStats.CoinStats">The price of Solana has dropped by 6.62% over the past 24 hours.TradingView">On the hourly chart, the rate of SOL is about to break the local support of $136.64. If it happens, the drop is like…
Solana has faced intense selling pressure and price swings, with the asset losing over 57% of its value since January 13. Bulls have struggled to regain momentum, and market sentiment suggests that the crypto market is not in a healthy condition for a strong recovery. As uncertainty continues, inves…
The Solana community is debating Solana Improvement Document (SIMD)-0228, a governance proposal that will reshape the network’s tokenomics by introducing a dynamic, market-driven emissions model for SOL tokens.SIMD-228 is authored by Tushar Jain and Vishal Kankani of Multicoin Capital, with support …
Stellar (XLM) is attempting to reclaim a recently lost level that could propel the price to a retest of a key resistance zone. Some market watchers suggested that its price could be preparing for a massive surge to a new all-time high (ATH).Stellar Getting Ready For 300% BreakoutStellar has seen a 9…
Bitcoin rose above $92,000 in Asian morning hours Thursday, with majors jumping as much as 5%, as traders await the first-ever White House Crypto Summit scheduled for Mar.7 for cues on future positioning.BTC rose to $92,700 before profit-taking saw it decline to $90,800 in European morning hours. Do…