Utila Secures $18 Million to Enhance Digital Asset Operations With Stablecoins and MPC Wallets

March 20, 2025 Bitcoin.com

Utila Secures Million to Enhance Digital Asset Operations With Stablecoins and MPC Wallets

bitcoin.com

Utila has announced the successful completion of an $18 million Series A funding round, led by Nyca Partners, to enhance its institutional digital asset operations platform. The company, which has processed $35 billion in digital asset transactions over the past 18 months, aims to scale its global operations and expand research and development efforts with […]

Crypto market cycle permanently shifted — Polygon founder

Tanzanian Shilling’s 8.9% YTD Drop Earns It World’s Worst-Performing Currency Status

March 20, 2025 Bitcoin.com

bitcoin.com

The Tanzanian shilling has experienced a significant decline, becoming the world’s worst-performing currency this year, dropping 8.9%. At the time of writing, the currency’s exchange rate against the U.S. dollar stood at 2,645 per dollar, a level last seen in late November 2024. This decline is attributed to rising imports and increased public debt, largely […]

Crypto market cycle permanently shifted — Polygon founder

Donald Trump Scheduled to Speak at Blockworks Digital Asset Summit

March 20, 2025 Bitcoin.com

bitcoin.com

Donald Trump will make history as the first sitting U.S. President to address a crypto conference when he speaks at the Blockworks Digital Asset Summit in New York City on Thursday, according to the event organizer and crypto media firm Blockworks. Trump headlined the July 2024 Bitcoin Conference in Nashville, Tennessee, but that was before […]

Crypto market cycle permanently shifted — Polygon founder

Ripple CEO Says He’s ‘Bullish on Bitcoin’

March 20, 2025 Bitcoin.com

bitcoin.com

In what some would consider an unexpected move, Brad Garlinghouse, CEO of digital asset firm Ripple Labs and majority holder of the XRP cryptocurrency, cleared the air about his position on bitcoin ( BTC). “I first bought bitcoin in 2012 coming out of an event when I was first introduced to it,” Garlinghouse explained. “And […]

Crypto market cycle permanently shifted — Polygon founder

Turkish Lira Hits Record Low Against the Dollar Amid Arrest of Opposition Leader

March 19, 2025 Bitcoin.com

bitcoin.com

The Turkish lira has fallen to a record low against the U.S. dollar, trading at 40.96 before recovering slightly to 38.74, following the surprise arrest of Istanbul Mayor Ekrem Imamoglu. The country’s benchmark stock index, the BIST 100, dropped by as much as 7% in response to the news, which has raised concerns about political […]

Crypto market cycle permanently shifted — Polygon founder

Metaplanet Acquires Additional 150 Bitcoin, Total Holdings Reach 3,200

March 18, 2025 Bitcoin.com

Bitcoin (BTC)

Tokyo Stock Exchange-listed company Metaplanet Inc. has announced the acquisition of an additional 150 BTC as part of its ongoing Bitcoin Treasury operations, bringing its total bitcoin holdings to 3,200. The latest purchase was made at an average price of approximately $83,706 (12,526,226 yen) per bitcoin, totaling approximately $12.53 million (1.879 billion yen). The company […]

Crypto market cycle permanently shifted — Polygon founder

Bank of Korea Rejects Bitcoin for Reserves, Citing High Volatility and Liquidity Concerns

March 18, 2025 Bitcoin.com

Bitcoin (BTC)

South Korea’s central bank has ruled out adding bitcoin to its foreign exchange reserves, citing extreme price volatility and failure to meet liquidity and investment-grade standards. This stance follows U.S. President Donald Trump’s March 6 executive order promoting bitcoin stockpiling. The Bank of Korea, responding to a query from Rep. Cha Gyu-geun, emphasized that reserves […]

Crypto market cycle permanently shifted — Polygon founder

Pakistan Crypto Council Launches to Regulate Digital Assets

March 17, 2025 Bitcoin.com

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The newly established Pakistan Crypto Council aims to integrate blockchain technology and digital assets into the country’s financial system through clear regulations and innovation-driven policies. Finance Minister Muhammad Aurangzeb, serving as Chair, emphasized the government’s dedication to fostering a secure and progressive crypto ecosystem. The initiative reflects Pakistan’s proactive stance on positioning itself as a […]

Crypto market cycle permanently shifted — Polygon founder

ZKsync Sunsets Ignite, Its Liquidity Rewards Program, Amid Market Challenges

March 16, 2025 Bitcoin.com

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The ZKsync Ignite program will be discontinued after its first season, with the DeFi Steering Committee (DSC) announcing that rewards will cease on March 17, 2025. The decision is driven by a strategic shift towards focusing resources on the Elastic Network, which is seen as essential for the long-term vision of ZKsync. The DSC noted […]

Crypto market cycle permanently shifted — Polygon founder

Telegram Founder Pavel Durov’s Passport Returned by French Authorities

March 16, 2025 Bitcoin.com

bitcoin.com

The TON Foundation has announced the return of Pavel Durov‘s passport by French authorities, allowing him the freedom to leave the country at his discretion. This development is viewed by the foundation as a significant resolution for Durov, the founder of Telegram, which boasts nearly a billion users globally. The foundation expressed its ongoing commitment […]

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