The U.S. Government Bitcoin Holdings: A New Bill Aims to Expand the Treasury’s Cryptocurrency Portfolio to 1 Million BTC. As of March 12, the U.S. government currently holds an impressive $16 billion worth of Bitcoin, amounting to 195,234 BTC. This significant amount has raised eyebrows, especially as the government is contemplating further expanding its Bitcoin portfolio under a newly proposed bill. This legislation, which has been introduced by Rep. Nick Begich, seeks to acquire an additional 1 million BTC over the next five years, significantly boosting the government’s cryptocurrency holdings. The House Strategic Bitcoin Bill seeks to make the US…
Author: William
How Ethena Surpassed PancakeSwap and Jupiter with $3.28M in Daily Revenue. In the competitive world of decentralized finance (DeFi), Ethena has recently made headlines by surpassing popular platforms like PancakeSwap and Jupiter, achieving an impressive daily revenue of $3.28 million. This achievement marks Ethena as the third-largest protocol by daily fees, trailing only behind major stablecoin issuers Tether (USDT) and Circle (USDC). Ethena’s innovation is its Ethereum-based decentralised stablecoin, USDE. This stablecoin has gained great popularity, as seen by a recent increase in its market capitalisation to $5.4 billion. The 24-hour trading volume for USDE increased by an astonishing 23.6%,…
Exploring the Surge in Altcoins Like XRP, LINK, BONK, Jasmy Amid Market Volatility In recent times, many investors have been closely monitoring the movements of altcoins like XRP, LINK, BONK, and Jasmy, which have seen impressive gains. These cryptocurrencies, often overshadowed by heavyweights like Bitcoin and Ethereum, are becoming increasingly popular as they take a leading role in the crypto market rebound. So, why are these altcoins, such as XRP, LINK, BONK, and Jasmy, showing upward momentum in 2025? A recent study revealed a reduction in consumer confidence, causing many investors to capitalise on the bitcoin market’s decline. XRP, for…
WLFI Responds to Criticism, Denying Politically Driven Media Coverage. In recent news, WLFI (World Liberty Financial) has publicly denied reports from major media outlets such as The Wall Street Journal and Bloomberg, calling their coverage politically motivated. The DeFi project, linked to the Trump family, took to social media to push back against what it claims are misleading narratives aimed at damaging the crypto industry. The WLFI’s statement highlighted worry about the pattern of dramatic headlines that are frequently connected with cryptocurrency-related news. The company strenuously discouraged the public from paying attention to these clickbait headlines, instead asking them to…
Key Factors That Could Drive Shiba Inu Price to Surge by 60% in the Coming Weeks. The Shiba Inu price has been on a rollercoaster ride in recent months, with dramatic shifts in its value. After experiencing a downturn, some analysts are predicting a potential rebound that could see the price skyrocket by up to 60%. But what factors are at play here? Let’s dive into the three key reasons why Shiba Inu’s price could experience significant growth in the near future. 1. Increased SHIB coin burn rate. The increase in the burn rate is one of the most promising…
Is Solana’s price about to surge 270% as it forms a rare technical pattern? The Solana price is currently undergoing a significant transformation, and it’s slowly forming a rare technical pattern that might suggest an upcoming surge. After facing a sharp decline from its high of $295 earlier this year, Solana (SOL) has seen its price drop to around $112. While this dip has been troubling for many investors, a closer look at Solana’s chart reveals a potentially bullish reversal pattern. This price change in Solana has left many wondering whether SOL will make a remarkable rebound, maybe increasing by…
USDT Wallets Hit 6-Month High, Indicating Potential for Increased Buying Pressure USDT wallets have recently reached a significant milestone, hitting a six-month high, which could be signaling increased buying pressure in the cryptocurrency market. This surge in USDT wallets is noteworthy as it often indicates growing investor confidence and a potential shift in market sentiment. As the world’s most traded stablecoin, Tether (USDT) plays a crucial role in the crypto ecosystem, and its activity can offer valuable insights into the market’s future movements. The number of active USDT wallets has increased significantly in recent months. According to Santiment data, this…
Unpacking Pi Coin’s $12B Market Cap: Is It a Groundbreaking Crypto or a Passing Fad? Pi Coin has recently hit an astonishing $12 billion market capitalization, stirring up excitement in the cryptocurrency community. But is this hype justified, or is Pi Coin just another speculative trend? The Pi Network, with its ambitious smartphone mining approach, initially seemed like a revolutionary concept. Yet, as the token becomes tradable, the reality of its long-term viability is beginning to take shape. Since the introduction of Pi Coin’s mainnet and its trading debut on platforms, the price has been a wild ride. Initially priced…
OKX Expands Institutional Services with MiFID II License in Europe OKX has recently made a significant step in expanding its European presence by acquiring the MiFID II license, a regulatory milestone that is set to enhance its offerings to institutional investors. This strategic move allows the global crypto exchange to offer a range of new products and services to institutional clients across the European Economic Area (EEA), including the 30 EU member states. OKX’s acquisition of the MiFID II licence is a game changer, demonstrating the company’s commitment to integrating digital assets into traditional financial markets. The licence, issued to…
The Impact of Inflation and Trump’s Tariffs on Crypto Market Trends The crypto market trends have remained relatively flat despite some key economic developments. In February 2025, inflation cooled more than expected, offering a glimmer of hope that the Federal Reserve may be nearing a decision to cut interest rates. However, the crypto market remained largely unresponsive to this positive economic signal. According to the most recent Consumer Price Index (CPI) report, inflation has slowed to 2.8% over the past year, down from 3% in January. This decline was slightly better than economists’ prediction of 2.9%. While this should have…