Strategy announces 10% preferred stock offering to buy more Bitcoin

Strategy has announced the pricing of its latest round of perpetual preferred stock, which the company does before announcing more Bitcoin (BTC) acquisitions. According to Strategy, the latest round of preferred stock will be sold at $85 per share, with a 10% coupon, and will bring the company approximately $711 million in revenue. Market analyst … Read more

Tornado mixer dropped from US blacklist

The US Treasury Department has dropped cryptocurrency mixer Tornado Cash from its sanctions list, the agency said on March 21.  The removal follows a January ruling by a US appeals court, which said the Treasury’s Office of Foreign Assets Control (OFAC) cannot sanction Tornado’s smart contracts because they are not the property of any foreign … Read more

German financial regulator prohibits sales of Ethena GmbH USDe

BaFin, the German financial regulatory authority, has prohibited all public sales of Ethena GmbH’s USDe — a synthetic dollar — claiming that the token violates the European Union’s MiCAR regulations. According to the announcement from the regulator, BaFin has ordered the firm to freeze the reserve assets that back the token, close down the website … Read more

Traditional financial markets won’t survive without RWA tokenization

Opinion by: Abdul Rafay Gadit, co-founder of ZIGChain America’s tariff regime has apparently fueled a global trade war, forcing investors to explore stable, yield-generating alternatives. A closer look reveals that illiquidity, opacity and scalability challenges have plagued global financial markets for long. They weren’t in great shape anyway, trade war or no trade war. Tokenized … Read more

SEC dropping XRP case was “priced in” since Trump’s election: analysts

Crypto investors rejoiced after one of the industry’s longest-standing legal battles was overturned by the United States Securities and Exchange Commission, yet markets have seemingly accounted for the victory months ahead of the announcement, according to industry watchers. On March 19, Ripple CEO Brad Garlinghouse revealed that the SEC would dismiss its legal action against … Read more

Bitcoin speculative appetite declines as investors seek safety

Speculative appetite is vanishing from the crypto markets, as investors are looking for safer digital asset investments following the recent wave of memecoin scams and macroeconomic uncertainty. Bitcoin’s hot supply metric, which measures the Bitcoin (BTC) aged one week or less, is down over 50%, from 5.9% at the end of November to just 2.3% … Read more

Bitcoin NFTs, layer-2 and restaking hype ‘completely gone’

A Bitcoin layer-2 executive explained how Bitcoin narratives that were “overhyped” have now wholly vanished while the ecosystem develops.  In a Cointelegraph interview, Bitlayer co-founder Charlie Hu laid out three Bitcoin narratives that he believed were overhyped. This included narratives that surrounded Ordinals, layer-2s and re-staking.  According to Hu, one of the overhyped narratives in … Read more

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