Coinbase rejected the CLARITY Act draft due to its potential to limit innovation in the stablecoin and digital asset space. The company was concerned about the way the draft legislation treats yield-generating stablecoin products that exist across platforms. The officials claimed that the current draft lacks clear guidelines for activities
Pudgy Penguins has launched the Visa network-based Pengu Card, in partnership with KAST. It can be used in more than 170 countries worldwide and at over 150 million merchants. With the Pengu Card, payments can be made, and the cardholders can receive rewards of up to 12%. Meanwhile, the token,
The central bank in Australia made further progress in executing the use case for digital token utilization in financial systems. RBA Assistant Governor Brad Jones announced this during a speech delivered on 25 March titled “After Acacia: The Next Era of Financial System Innovation?” This implies that the central bank
Solana is currently moving within an upward channel, showing a steady structure of higher highs and higher lows. The $95 level acts as a key mid-range resistance within this channel. If it manages to break and hold above this range, it could confirm renewed bullish momentum. In that case, the
Ripple partnered with the Monetary Authority of Singapore, called BLOOM. This is to help develop the next-generation digital payment infrastructure around the world. The initiative utilizes tokenized bank liabilities and regulated stablecoins to enhance efficiency. It is for various cross-border payment and financial settlement systems. Ripple collaborated with Unloq, a
The CEO and Executive Director of Stellar Development Foundation, Denelle Dixon, has highlighted a report from Allium Labs that verifies how Stellar is powering institutional settlement, compliance, treasury management, and real-world asset issuance. This report breaks down the on-chain evidence behind that shift, as cross-border stablecoin settlement at scale. It
According to Wintermute, Bitcoin has the potential to rise to $76,000, depending on how shipping flows improve through the Strait of Hormuz. Wintermute explained that tensions in the Strait of Hormuz, which is a critical energy route, often cause volatility in the global market, including the crypto market. The Strait
Hyperliquid Strategies is deepening its footprint in crypto-linked equities with the launch of options trading for its PURR stock on the Nashdaq options market, which is mainly to enhance liquidity, price discovery, and risk management for investors. The official statement released on March 24, says that the launch is expected
Ethereum developers have established a post-quantum team, which focuses on improving the long-term security of the Ethereum network from future cryptographic threats worldwide. Ethereum developers recognize that quantum computing advancements are a future threat to the existing cryptographic systems used in different blockchain networks. The team announced on its X
OFFICIAL TRUMP (TRUMP) has been in a consolidation phase after a series of sharp corrections from its former highs. For a potential trend reversal, a steady bullish wave needs to form on the daily timeframe. Meanwhile, over the last week, it has dropped by 10%, trading on the downside. At
