Category: crypto

Russia is using crypto for oil trades with China and India to bypass Western sanctions. Oil companies settle trades in Bitcoin, Ethereum, and stablecoins like Tether’s USDT to simplify currency conversion. Despite challenges with the digital ruble, the country is moving towards increased adoption of digital assets in international trade.

: BlackRock’s USD Institutional Digital Liquidity Fund, known as BUIDL, has reached $1 billion in tokenized assets as of March 2025. Despite recent market fluctuations, the fund has seen a 56% increase in 30 days, reflecting growing institutional confidence in tokenized real-world assets. The fund primarily invests in U.S. Treasury debt and bank deposits denominated…

Bloomberg ETF analyst James Seyffart predicts that the next phase of crypto ETF adoption will be driven by financial advisers, wirehouses, and brokers managing assets for high-net-worth individuals. He believes that incorporating Bitcoin ETFs into portfolios could lead to sustained growth in adoption, particularly with institutional players getting involved.

Bitcoin’s price was cushioned by AlphaDeep liquidity during March volatility, with increased bid-side liquidity preventing dips below $80,000. This helped absorb sell-offs and maintain price stability during turbulent trading.

Aave Labs has launched Project Horizon to integrate institutional Real-World Assets (RWAs) into DeFi. The initiative aims to bridge DeFi’s open financial ecosystem with institutional needs, allowing institutions to use tokenized money market funds as collateral. Aave plans to expand to other RWAs and enhance institutional access to DeFi liquidity.

The Senate Banking Committee passed the GENIUS Act with bipartisan support, authorizing a regulatory framework for stablecoin issuance and oversight in the US. Senator Bill Hagerty authored the bill, emphasizing its importance in fostering financial innovation. The bill now moves to the full Senate for consideration. Positive reactions from industry leaders and advocates indicate support…

The SEC is considering whether XRP should be classified as a commodity rather than a security in its settlement with Ripple, comparing it to Ethereum. Ripple was sued for conducting an unregistered securities offering, but a recent ruling differentiated between institutional and retail sales. The potential settlement terms are being discussed, reflecting evolving regulatory perspectives…

Ethereum developers are launching the Hoodi testnet on March 17 to address issues with the Pectra upgrade, focusing on validator exits. Mainnet activation for Pectra depends on Hoodi’s success and client team confidence. Delays in Pectra’s deployment have led to concerns, but the community remains hopeful about its benefits. Additionally, developers are planning the Fusaka…

Bitcoin’s outlook is improving as stablecoin liquidity rises, indicating a potential reversal of recent corrections. Tether’s market cap has grown significantly, suggesting fresh capital entering the market. However, despite oversold conditions, short-term rebounds have not occurred. The market sentiment has weakened, but a rebound is possible with decreased selling pressure. Monitoring whale movements, on-chain data,…

Bolivia has authorized its state-run energy company, YPFB, to use cryptocurrency for fuel imports due to a dollar shortage and fuel crisis. Gas stations face shortages, leading to protests. Bolivia’s dependence on natural gas exports has led to economic struggles. The government’s decision marks a major policy shift. Details on the use of cryptocurrency remain…