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Solana co-founder and CEO Anatoly Yakovenko has voiced strong opposition to the idea of a U.S. national crypto reserve, warning that government control could undermine decentralization. On March 6, Yakovenko took to X (formerly Twitter) to outline his stance, stating that his top preference would be for no such reserve to exist. He emphasized that…
Stablecoin giant Tether has frozen $27 million in USDT on the sanctioned Russian crypto exchange Garantex, leading to the platform suspending its services. The move, announced by Garantex on March 6 via Telegram, underscores increasing regulatory scrutiny on Russia’s crypto sector. Tether Joins Sanctions Against Russian Crypto “Tether has entered the war against the Russian…
Ondo Finance has officially surpassed $1 billion in Total Value Locked (TVL), marking a significant milestone in the adoption of institutional-grade, composable tokenized US Treasuries. This achievement highlights the growing acceptance of real-world assets (RWAs) in decentralized finance (DeFi), reinforcing Ondo’s leadership in the sector. The Rise of OUSG: Institutional-Grade Tokenization Launched two years ago,…
Hedera (HBAR) has seen a robust recovery rally over the past 24 hours, climbing nearly 5% to reach $0.26. The price briefly hit a high of $0.2646 as bullish sentiment strengthened. However, despite this price surge, Hedera’s trading volume has dropped by 4.93% to $890 million, signaling mixed market participation. HBAR’s Market Performance and Recent…
The U.S. Securities and Exchange Commission (SEC) recently dropped its lawsuit against Coinbase and closed its investigation into Robinhood Crypto, marking a significant shift in regulatory actions. Additionally, on February 25, the agency ended its federal probe into Uniswap Labs. These developments coincided with a market downturn, with Bitcoin (BTC) plunging nearly 20% from its…
In the early US hours on Wednesday, Pi Network experienced a notable 3% surge in its value over the past 24 hours, marking another significant step in its upward trajectory. This price jump coincides with the project surpassing 4 million followers on X, underscoring the growing community engagement and investor confidence behind this innovative cryptocurrency….
South Korea’s largest cryptocurrency exchange, Upbit, has achieved a significant milestone, overtaking Binance to become the top holder of XRP reserves among all tracked exchanges. This shift underscores XRP’s surging popularity in South Korea, where trading volumes have skyrocketed, and investor interest has reached unprecedented levels. XRP Trading Booms on Upbit Recent data reveals that…
The market capitalization of XRP, the third-largest cryptocurrency, currently stands at $142.8 billion, trailing Ethereum’s $267 billion by 46.48%. However, a recent analysis by crypto trader Dom suggests that XRP is testing a historically significant resistance level against Ethereum. If history repeats itself, XRP could see a massive surge, raising the question: Can it flip…
The U.S. spot Bitcoin ETF market is in disarray, with net outflows nearly doubling overnight as investor fears mount over former President Donald Trump’s controversial proposal for a national crypto reserve. On March 4, Bitcoin ETFs saw a staggering $143.43 million in outflows, triggering a wave of liquidations that wiped out millions in trader positions….
The ongoing geopolitical rift between the Global South and the West continues to escalate, with Brazil reaffirming its commitment to de-dollarization as it assumes the BRICS presidency in 2025. This bold stance places the nation in direct opposition to the United States, with former President Donald Trump warning of hefty tariffs on countries perceived as…