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news-imageMarch 25, 2025

The Daily: Fidelity enters the US Solana ETF race, BlackRock launches its Bitcoin ETP in Europe and more

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Publisher: The Block
Sentiment: Positive
BTC
SOL

More News Articles

Negative
cover-imageUToday
March 26, 2025

Bitcoin (BTC) Invalidates Death Cross: What's Next?

There was an incident this week, on Monday to be precise, when the 23-day moving average on the Bitcoin price chart crossed down the 200-day curve, forming what is known as a "death cross" pattern. What is expected after this technical analysis formation with an ominous name is a decline.

Positive
cover-imageCointelegraph
March 26, 2025

Solana's 'early stage bull market' hints at 65% SOL price gains by April

Solana (SOL) price looks ready to rise in April based on a classic bullish reversal indicator and signs of renewed appetite for memecoins.Technicals show 65% SOL price rally in play As of March 26, SOL's price had entered the breakout stage of what appears to be a falling wedge pattern. A falling wedge forms when the price consolidates inside a range defined by two converging, descending trendlines.

Positive
cover-imageBenzinga
March 26, 2025

Strategic Bitcoin Reserve Eliminates Last Threat, Says Bitwise's Matt Hougan

Matt Hougan, Chief Investment Officer at Bitwise Asset Management, declared that the final existential threat to Bitcoin (CRYPTO: BTC) vanished with President Trump's recent executive order establishing a U.S. Strategic Bitcoin Reserve. What Happened: In a note released on Tuesday, Hougan argued that this move eliminates the lingering fear of a government ban, marking the present as the safest time ever to invest in Bitcoin on a risk-adjusted basis.

Positive
cover-imageInvezz
March 26, 2025

Is GameStop's BTC move huge for PepeX?

Bitcoin rose above $88k as the market reacted to news tha GameStop will add BTC as a treasury asset. Now analysts say this could ignite fresh retail participation, suggesting this might be the time to position.

Positive
cover-imageCoingape
March 26, 2025

Solana Price Eyes $300 As BlackRock Taps SOL for $1.7B BUIDL Fund

Solana price jumped to a two-week high above $147 after $11 trillion asset manager BlackRock announced it will be using the SOL blockchain for its $1.7 billion $BUIDL fund. This adoption has sparked retail interest in Solana, with traders now wondering whether the altcoin could reclaim its previous all-time high and rally past $300.

Positive
cover-imageNewsBTC
March 26, 2025

Now Is The Best Time To Buy Bitcoin, Says Investment Giant

In its latest investor memo, titled “The Great Derisking of Bitcoin,” Bitwise Asset Management has taken a bold stance on the future of the world's original cryptocurrency. Chief Investment Officer Matt Hougan delivered a detailed analysis in a dispatch dated March 25, 2025, stating, “Now is the best time in history to purchase bitcoin (on a risk-adjusted basis).

Positive
cover-imageCointelegraph
March 26, 2025

Fidelity plans stablecoin launch after SOL ETF ‘regulatory litmus test'

Fidelity Investments is reportedly in the final stages of testing a US dollar-pegged stablecoin, signaling the firm's latest push into digital assets amid a more favorable crypto regulatory climate under the Trump administration.The $5.8 trillion asset manager plans to launch the stablecoin through its cryptocurrency division, Fidelity Digital Assets, according to a March 25 report by the Financial Times citing anonymous sources familiar with the matter. The stablecoin development is reportedly part of the asset manager's wider push into crypto-based services.

Negative
cover-imageTokenpost
March 26, 2025

Legendary Investor Mocks GameStop's Bold Bitcoin Bet

Prominent American entrepreneur Jason Calacanis is throwing shade at GameStops surprising move to adopt Bitcoin as a reserve asset. The 54-year-old angel investor quipped, If youre a public company that cant figure out a business model, buy Bitcoin!a jab that quickly made waves on social media.

Positive
cover-imageNewsBTC
March 26, 2025

GameStop Board Unanimously Approves Bitcoin As Treasury Reserve Asset

In a significant move for the video game retail giant, GameStop announced on Tuesday that its board has unanimously approved a plan to use corporate cash reserves to invest in the crypto market's largest cryptocurrency, Bitcoin (BTC). This decision mirrors a strategy made by the now Bitcoin proxy company Strategy (previously Microstrategy) by MicroStrategy, which has made headlines for its substantial Bitcoin acquisitions led by its co-founder Michael Saylor.

Neutral
cover-imageThe Cryptonomist
March 26, 2025

BlackRock brings BUIDL to Solana, but the crypto SOL does not react

Yesterday, Securitize announced that the tokens of the BUIDL fund by BlackRock were also launched on the Solana blockchain, but the price of the crypto SOL does not seem to have reacted to the news. BUIDL is a tokenized fund by BlackRock. It is the first RWA token launched by the giant of global finance.

Positive
cover-imageThe Cryptonomist
March 26, 2025

GameStop will invest in Bitcoin following the example of Strategy

GameStop has announced that its board of directors has unanimously approved a plan to invest the company's capital in Bitcoin. The move follows the path set by Strategy (formerly Microstrategy), a company that in recent years has accumulated billions of dollars in cryptocurrency. After the announcement, GameStop's stock rose by over 6% in after-hours trading.

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