Lisa Gordon, Chair of Cavendish Investment Bank, has raised alarms about the UK's growing interest in cryptocurrencies. She pointed out that more than half of people under 45 now own digital currencies but have no investments in stocks, a trend she believes could harm both individual wealth and the economy in the long run.
Fidelity Investments is all set to join the asset tokensiation race as it makes a move to tokenize its U.S. dollar money market fund. In a recent filing with the U.S. Securities and Exchange Commission (SEC), the firm announced plans to create a blockchain-based version of its Fidelity Treasury Digital Fund (FYHXX).
The acting SEC chair urged rulemaking over enforcement to clarify crypto regulations and avoid courtroom confusion. Acting SEC Chair Urges Crypto Reset—Classification Shouldn't Be Courtroom Chaos Acting U.S. Securities and Exchange Commission (SEC) Chairman Mark T. Uyeda led the inaugural session of the agency's Crypto Task Force roundtable on March 21 in Washington D.C.
Are stablecoins the key to the market's next big move?
Fidelity has filed with the SEC to launch an “OnChain” share class of its $80M Treasury fund on Ethereum, marking its first major move into tokenized finance. The post Fidelity Joins the Tokenization Trend with On-Chain Treasury Fund Filing appeared first on Cryptonews.
Sonic is moving forward with the development of a high-yield algorithmic stablecoin, aiming to deliver up to 23% APR.
Hester Peirce, a senior commissioner and head of the Crypto Task Force, at the U.S. Securities and Exchange Commission (SEC), has hinted that NFTs could be the next major crypto asset class to receive regulatory clarity.
Chainlink, DeFiChain, and Sui's DeepBook saw the highest development activity in the last 30 days.
Crypto market, The U.S. Federal Reserve kept interest rates steady at 4.50%, fueling market speculation. Ripple secured a win as the SEC officially dropped its lawsuit against XRP.
Altcoin markets face uncertainty as trading volumes drop 75% and Web3 investments shrink.
IMF updates include cryptocurrencies in economic reporting, marking a notable shift.
Timing is everything. Some coins are built for long-term gains, but others are pure rockets—built to explode in value fast. That's why savvy investors keep their eyes on the Top Cryptos to Join for Short Term—those with massive hype, strong narratives, and the potential for insane returns in just weeks.
The Russian Central Bank Governor Elvira Nabiullina has renewed her calls for Moscow to issue a nationwide crypto ban, blocking traders from buying and selling coins on Russian soil. The post Russian Central Bank Governor Makes Fresh Call for ‘Crypto Ban' appeared first on Cryptonews.
The UK should begin taxing crypto purchases in a bid to sway Britons to invest in local stocks, which could boost the country's economy, says the chair of investment bank Cavendish, Lisa Gordon.“It should terrify all of us that over half of under-45s own crypto and no equities,” Gordon told The Times in a March 23 report.
Tom Duff Gordon, Coinbase VP, stated that the worries about stablecoin usage for illicit purposes in Brazil can be handled differently, in ways that do not hamper adoption and without affecting users that leverage these assets for their operations.
US authorities are seeking to return $7 million to victims of a social engineering scam that tricked them into sending money to fake cryptocurrency investment platforms. The scam involved the fraudsters contacting victims and earning trust before directing them to websites masquerading as legitimate crypto investment platforms, Virginia's Eastern District US Attorney's Office said in a March 21 statement.
After weeks of sideways trading and sharp corrections across Bitcoin and the altcoin market, a notable trend is quietly unfolding beneath the surface of the crypto market. Price action has shown capital exiting major tokens, but the reassuring takeaway from flow trends is that much of this capital hasn't fully left the ecosystem.
Haun Ventures, a venture capital firm led by former federal prosecutor Katie Haun, is aiming to raise $1 billion to invest in the cryptocurrency sector.
Bitcoin's current market dynamics are being shaped by conflicting narratives, with long-term holders standing firm despite claims of capitulation.
A popular crypto strategist believes that memecoins will have their day under the sun after getting crushed over the last few months. Pseudonymous trader Altcoin Sherpa tells his 244,300 followers on the social media platform X that he expects meme tokens to eventually take center stage, highlighting that the crypto sector relies on trader attention.
Prosecutors charged Carl Erik Rinsch with wire fraud and money laundering for allegedly diverting $11M from Netflix to crypto and luxury.
Crypto skeptics and advocates went head-to-head in a legal debate that sought to determine the SEC's role in crypto regulation. First-Ever SEC Crypto Roundtable Ignites Passionate Discussions on Regulation The U.S.
Cryptocurrency mogul Jed McCaleb is spending $1 billion of his own money to build a space station. The Ripple co-founder, worth about $3.2 billion from XRP holdings, now runs Vast Space, an aerospace company he started in 2021.
Are you looking for the next big thing in crypto for 2025? The cryptocurrency world is developing fast, and some projects are already making waves with groundbreaking innovations. From solving real-world privacy issues to bridging traditional finance with blockchain, a few select cryptos stand out with immense growth potential.
South Korea's Financial Intelligence Unit (FIU) is considering sanctions against crypto exchanges for not following the rules. South Korea requires businesses operating an exchange to report their work to the appropriate regulator.
Coinbase, the biggest crypto exchange in the US, is reportedly having acquisition talks with derivatives platform Deribit. Citing people familiar with the matter, Bloomberg reports that Coinbase is in advanced discussions with Deribit to acquire the firm. Deribit is currently the largest centralized trading platform for Bitcoin (BTC) and Ethereum (ETH) options contracts by volume.
The deputy director of China's National Laboratory of Finance and Development reportedly says that the country should expand the scope of its digital yuan amid President Trump's embrace of cryptocurrencies.
Crypto banking is set for growth and expansion in 2025
Binance CEO Richard Teng called President Trump's second term a “fantastic reset” for crypto on Tuesday during a live CNBC interview. He said the current U.S. political climate has changed completely compared to the last four years, and that Binance is now operating in a much friendlier environment for the industry.
Altcoins have been attracting investor attention this weekend, with Bitcoin and Ethereum prices stagnating around $85,000 and $2,000, respectively, since Friday. Prominent crypto analysts have published data insights showing investors are increasingly rotating capital toward altcoins after recent U.S. macroeconomic updates.
Nvidia has triggered the "death cross": this dramatic name for a simple crossover of moving averages could well signal the end of a historic rally. But while Wall Street is concerned, AI cryptos just shrug their shoulders (and sometimes their prices).
Memecoins, fixed-rate DeFi, and tokenization — are they the future of finance or just overhyped trends? Charles St.
Commissioner Hester Peirce, now head of the SEC's crypto task force, announced that projects using NFTs as a funding mechanism may soon be exempt from securities regulations.
When airdrops go wrong - Binance's wake-up call for the crypto industry.
Coinbase, the largest crypto exchange in the US, has successfully evaded a supply chain attack that could have compromised its open-source infrastructure.
Investor attention is beginning to shift toward a select group of cryptocurrencies that are expected to play a leading role in 2025. While the overall market continues to mature, only a few projects are being recognized as strong candidates for long-term growth.
Opinion by: Nick Denisenko is the chief technology officer and co-founder of Brighty You can't fight it. Crypto investments and transactions are on the up.
Recent figures reveal Blackrock's USD Institutional Digital Liquidity Fund (BUIDL) has ballooned by $463 million in a brisk eight-day span. Since the opening week of March, tokenized U.S. Treasury funds have expanded by a striking $720 million, marking a significant leap in their financial footprint.
The crypto market is buzzing again. Bitcoin's recent push beyond $83,000 is setting the stage, and now everyone's scanning the horizon for altcoins ready to pop off in the next bull run. ETF rumors, layer-1 upgrades, and AI-driven protocols have stirred up the space, and there's no shortage of projects chasing headlines.
Once considered untouchable in Washington, Binance has staged a dramatic rehabilitation campaign under new CEO Richard Teng.
A prominent analytics firm says one digital asset category with a soaring market cap could fuel a potential market recovery. IntoTheBlock says on the social media platform X that the market cap of stablecoins has risen to a new all-time high.
The crypto universe has never feared the absurd. But when blockchain gets entangled with biblical prophecies, even the most seasoned raise an eyebrow.
The DeFi space just got hit with another costly reminder of how fragile crypto security can be. This time, Ethereum-based platform Zoth was the victim, losing a staggering $8.85M in what appears to be a private key leak.
The Sonic blockchain is working on the implementation of its yield-generating, algorithmic stablecoin despite fears over a potential collapse similar to the Terra-Luna meltdown that led to the industry's longest crypto winter. Algorithmic stablecoins employ code-based mechanisms to ensure their price stability, as opposed to fiat stablecoins pegged directly to the value of the underlying currency.
Have you ever wondered which altcoins will stand strong in 2025, offering real growth instead of just hype? The crypto market is constantly evolving, and with so many options, it's easy to get lost in flashy promises that rarely deliver. What truly matters is choosing projects with solid fundamentals, real-world applications, and long-term sustainability.
BlackRock's tokenized US Treasury fund, BUIDL, has seen a sharp rise in adoption, with the fund's assets under management (AUM) surging past the $1 billion milestone this month.
As cryptocurrency grows in popularity, so do scams targeting unsuspecting investors. Fraudsters create fake trading platforms, promise huge returns, and manipulate users into depositing funds—only to steal the money. Authorities worldwide are cracking down on these schemes, recovering stolen funds, and urging victims to come forward. DOJ Recovers $7M From Crypto Scam The U.S.
The United States Department of Justice (DOJ) has recovered $7 million from a global investment scam. According to the authorities, the fraud proceeds were recovered using civil asset forfeiture, with the DOJ announcing plans to return the funds to their rightful owners.