VanEck has submitted an S-1 registration statement to the US Securities and Exchange Commission (SEC) for a proposed Avalanche exchange-traded fund (ETF), aiming to provide investors with direct exposure to AVAX. According to the filing, the VanEck Avalanche ETF will hold AVAX directly and value its shares based on the MarketVector Avalanche Benchmark Rate, which […]
March has so far been an extremely volatile month for Bitcoin, with the past 13 days recording sharp price swings ranging between $95,000 and $78,000. However, despite these fluctuations, liquidity played a key role in stabilizing the market, particularly by minimizing the duration of price dips below $80,000. Market depth, a critical liquidity metric, measures […]
Bitcoin ETFs experienced net withdrawals on most trading days this month. March opened with continuous outflows, extending a downturn that began in late February. Between March 3 and March 7, every single day saw net outflows — roughly $74 million on March 3, $143 million on March 4, $38 million on March 5, $134 million […]
StarkWare has established a Strategic Bitcoin Reserve, committing to holding a growing share of its treasury in BTC as part of its broader push to integrate the flagship crypto into its Starknet Layer 2 network. While it has not disclosed the size of its holdings, CEO Eli Ben-Sasson said the company is leading by example, […]
A recent ruling from the Second Circuit Court of Appeals in a Uniswap Labs case reaffirms that neutral, decentralized software creators should not be held liable for third-party misuse of that technology. According to an article from the DeFi Education Fund, the decision strengthens legal protections for decentralized finance (DeFi) developers and marks a significant […]
Senator Cynthia Lummis reintroduced legislation that would authorize the US government to acquire up to 1 million Bitcoin (BTC), formalizing President Donald Trump’s recent executive order establishing a federal Bitcoin reserve. The BITCOIN Act aims to integrate digital assets into US financial strategy, requiring the Treasury Department to manage the acquisition and secure storage of […]
Bitcoin saw a drop in trading volume across both the spot and futures markets over the past five days. The decline, which followed a sharp drop in Bitcoin’s price after a week of extreme volatility, was likely driven by a combination of disappointing political developments, macroeconomic tensions, and weekend trading patterns.
European Stability Mechanism (ESM) managing director Pierre Gramegna said that President Donald Trump’s administration’s favorable stance toward crypto, particularly dollar-backed stablecoins, could challenge Europe’s monetary autonomy, Bloomberg News reported on March 10. Gramegna warned that the changing US stance could encourage both foreign and American technology firms to pursue large-scale payment solutions using dollar-denominated stablecoins. […]
The following is a guest post from Uldis Tēraudkalns, Chief Revenue Officer at Paybis. The stablecoin market supports the general trend: today, its total market cap surpassed $225 billion. Data from DefilLama shows a jump from under $140 billion at the end of 2023, while another jump of over $25 billion followed Donald Trump’s President-elect […]
U.S. crypto firms were heavily vested in President Donald Trump’s reelection in 2024, contributing upwards of $144 million towards his campaign. But “unchecked political spending” poses “profound risks,” according to a report published by the Center for Political Accountability (CPA), a nonprofit promoting transparency in corporate political contributions. The report states that the crypto companies’ […]
