Tether, the world’s largest stablecoin issuer, has reportedly initiated engagement with a “Big Four accounting firm” to audit the reserves of its fiat-pegged token. Paolo Ardoino, Tether’s CEO, shared this update with Reuters as the circulating supply of USDT currently stands at 143.46 billion. Tether Listens toTrump’s ASAP Stablecoin Mandate in Pursuit of Big Four […]
Read MoreDay: March 23, 2025
Sparks Fly at First-Ever SEC Crypto Roundtable
Crypto skeptics and advocates went head-to-head in a legal debate that sought to determine the SEC’s role in crypto regulation. First-Ever SEC Crypto Roundtable Ignites Passionate Discussions on Regulation The U.S. Securities and Exchange Commission (SEC) hosted its first-ever crypto roundtable on Friday, pitting critics and proponents of digital assets in a sometimes-contentious debate focused […]
Read MoreRipple Effect: Surging XRP ETF Optimism Follows SEC Legal Retreat
A Polymarket wager amassing $54,666 in trading volume suggests an 87% likelihood that a spot XRP exchange-traded fund (ETF) will secure regulatory approval by 2025. XRP ETF Mania Hits 87% Confidence: Polymarket Traders Bet Big on 2025 Approval In January 2024, the U.S. Securities and Exchange Commission (SEC) cleared the way for multiple spot bitcoin […]
Read MorePeter Schiff Warns of ‘Parasitic Relationship’ Threatening Dollar Value and Painful Economic Transition
In a recent social media post, economist Peter Schiff critiques the Trump administration’s characterization of the U.S. as the “world’s best customer,” arguing that this perspective misrepresents the global economic relationship. Schiff asserts that while demand is unlimited, the resources to satisfy that demand are scarce, emphasizing that supply, not demand, is the limiting factor […]
Read MoreDEX Platform Pancakeswap Dethrones Uniswap in Weekly Volume Race
Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday post on X by coinmarketcap.com’s social media account reveal that the DEX Pancakeswap secured the top position in this week’s trading volume figures. “With over […]
Read MoreBitcoin Price Watch: Fibonacci Levels Signal Potential Rebound if $85K Holds
Bitcoin’s price stands at $84,968 to $85,168 over the last hour, with a market capitalization of $1.68 trillion and 24-hour global trade volume totaling $10.64 billion. The cryptocurrency has traded within a $1,551 intraday range between $83,682 and $85,233 and remains 21.7% below its all-time high posted on Jan. 20, 2025. Bitcoin On the daily […]
Read MoreTrump’s Policies Threaten US Dollar Dominance, Warns Economics Professor
In a recent essay for the Financial Times that is heating up discussions in economic circles, Berkeley professor and author of Exorbitant Privilege: The Rise and Fall of the Dollar, Barry Eichengreen argues that President Donald Trump’s policies are significantly undermining the foundations of U.S. dollar dominance and international economic relationships. Eichengreen highlights concerns over […]
Read MoreFidelity Seeks SEC Approval for Ethereum-Integrated US Treasury Money Market Fund Hosted
Fidelity Investments has filed with the U.S. Securities and Exchange Commission (SEC) to launch the Fidelity Treasury Digital Fund, an institutional-focused money market fund that will use blockchain technology to record share ownership while investing primarily in U.S. Treasury securities. Fidelity’s Proposed Fund Uses Ethereum Blockchain for Secondary Share Recording The fund, detailed in a […]
Read MoreTokenized Treasuries Hit $4.77B as Blackrock’s BUIDL Gains $463M in 8 Days
Recent figures reveal Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL) has ballooned by $463 million in a brisk eight-day span. Since the opening week of March, tokenized U.S. Treasury funds have expanded by a striking $720 million, marking a significant leap in their financial footprint. Tokenized Treasury Funds—A 566% Leap in 12 Months Tokenized Treasury […]
Read MoreFed Pauses Rate Hikes, Gold Hits All-Time High, and More — Week in Review
The fed pauses rate hikes, gold hits an all-time high, XRP bulls take charge after SEC decision, and more in this Week in Review. Week in Review The Federal Reserve held rates steady and reduced its Treasury redemption cap. Gold surged to a historic $3,038 per ounce amid geopolitical tensions and uncertainty. In crypto, XRP […]
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