Circle is seeking a lower valuation of between $4 billion and $5 billion, a significant drop from the $9 billion it was aiming for in its previous attempt.
Despite a challenging start to the year for Bitcoin, with the cryptocurrency experiencing a 12% decline in Q1 2025—its worst quarterly performance in seven years—Tether has remained committed to its accumulation strategy.
Blockchain investigator, ZachXBT, recently exposed several cases of Coinbase users losing large amounts of cryptocurrency.
The proposed ETF, managed by Grayscale, seeks to transition the existing Grayscale Avalanche Trust into a regulated investment product, offering easier access to $AVAX for institutional and retail investors.
On 26 March, Ethereum developers launched the Pectra upgrade on the Hoodi testnet, and the network successfully forked and finalised the upgrade within just 30 minutes.
Fidelity’s stablecoin could directly compete with some of the biggest players in the industry, like Tether ($USDT) and Circle’s $USDC.
Bitcoin, Cryptocurrency
BlackRock’s launches first crypto ETP in Europe: A new era for Bitcoin investment
The new product offers European investors a chance to gain direct exposure to Bitcoin through a regulated investment vehicle, making it easier and safer for both institutional and retail investors to enter the cryptocurrency market.
Bitcoin, Cryptocurrency
Mt. Gox moves $1B in Bitcoin as creditor payouts approach: What this means for BTC?
Earlier in March, Mt. Gox transferred 12,000 $BTC when Bitcoin was trading at around $92,000. Since then, Bitcoin’s value has dropped by nearly 7% and is now hovering around $87,000.
On 20 March, the IMF published the seventh edition of its Balance of Payments Manual (BPM7). The updated manual sets new guidelines on how Bitcoin and other digital assets should be recorded in global economic statistics.
The recent surge in market capitalisation is largely driven by Tether ($USDT), which continues to dominate the sector. $USDT currently holds over 60% of the total market, with a valuation of nearly $144 billion.
