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The Arizona State Senate Finance Committee has passed legislation to establish a Digital Assets Strategic Reserve Fund. According to Decrypt, a crypto-focused outlet, Senate Bill 1649 (SB 1649) cleared the Finance Committee by a 4-2-1 vote and has al
The Democratic Party of Korea has begun work at the party task force (TF) level to craft a compromise over the second-phase legislation of the Digital Asset Framework Act related to stablecoins. According to industry sources on the 24th, the Democrat
Bitcoin (BTC) has again failed to break above $70,000 and continues to move sideways around the $63,000 range. On the 24th, crypto (digital asset) market-making firm Wintermute shared a market update via X (formerly Twitter), saying it views Bitcoin
Cathie Wood, founder of Ark Invest, has reaffirmed her long-term bullish view of bitcoin (BTC), calling it a structurally superior asset to gold. According to cryptocurrency-focused outlet The Crypto Basic on the 24th, Wood said in a recent Bloomberg
An analysis suggests that Bitcoin (BTC) has recently seen a sharp decline in its price correlation with gold, signaling a move away from the ‘digital gold’ narrative. On the 24th, Ki Young Ju, CEO of CryptoQuant, wrote on X (formerly Twitter) that “B
National Bank of Canada has reportedly sold part of its holdings in Strategy, a company that stockpiles Bitcoin (BTC). According to BitcoinTreasuries.NET on X (formerly Twitter) on the 24th, National Bank of Canada, which has $421 billion in total as
The Ethereum Foundation has begun staking part of its holdings. On the 24th, the foundation said via X (formerly Twitter) that, in line with the treasury policy it announced last year, it will use a portion of its treasury assets for staking. It init
Solana (SOL)-based portfolio management platform Step Finance will ultimately cease operations following a security incident involving roughly $40 million. According to crypto industry outlet The Block on the 24th, Step Finance said it decided to win
Global crypto exchange Binance is adding spot trading pairs. According to a Binance announcement on the 24th, Binance will launch trading for four spot pairs—ADA/U, DOGE/U, PEPE/U and TAO/USD1—starting at 08:00 on the 25th (UTC; 19:00 Korea time). Sp
South Korean card issuers are launching a joint pilot to apply won-denominated stablecoins to card payments. According to industry sources on the 24th, the second stablecoin task force (TF) led by the Korea Credit Finance Association is expected to h
As the cryptoasset (cryptocurrency) market continues a broad-based correction, observers say Ethereum (ETH) appears to be limiting its downside relative to the rest of the market. According to crypto-focused outlet Coindoo on the 24th, total crypto m
CME Group is set to shift Bitcoin (BTC) derivatives to a 24/7 trading regime. On the 24th, cryptocurrency news outlet CoinDesk reported that CME plans to move Bitcoin derivatives to around-the-clock trading within this year, a step that could acceler
Bitcoin (BTC) has fallen more than 19% so far this month, raising the prospect that it could post its worst monthly return since June 2022. On the 24th, cryptocurrency news outlet Cointelegraph, citing a Bloomberg report, said Bitcoin is down more th
Strategy (formerly MicroStrategy), led by Michael Saylor, is reported to have incurred a large unrealized loss on its bitcoin (BTC) investment. On the 24th, Watcher Guru, a virtual-asset (cryptocurrency) focused account, said on X (formerly Twitter)
South Korea’s police are moving to place virtual assets (cryptocurrencies) such as bitcoin (BTC), secured during investigations, in the custody of specialist firms. The initiative is aimed at overhauling the management system following a loss inciden
Hong Kong-based stablecoin payments fintech RedotPay is said to be considering a listing on US stock markets. According to crypto-specialist media outlet The Block Beats on the 24th, citing people familiar with the matter, RedotPay is weighing a US i
The Coinbase Bitcoin (BTC) premium index has remained in negative territory for 40 consecutive trading days, underscoring continued cooling in U.S. market buying. According to BlockBeats, a digital-asset (crypto) news outlet, the Coinbase Bitcoin pre
Espresso (ESP) surged on news that it will be listed simultaneously on major South Korean crypto exchanges. According to BlockBeats, a digital-asset (cryptocurrency) media outlet, ESP has extended its rally on reports of listings on Upbit and Bithumb
U.S. President Donald Trump warned that he would impose additional tariffs on countries that exploit the recent controversy surrounding a U.S. Supreme Court ruling. On the 23rd, Trump wrote on Truth Social that “any country trying to ‘play games’ wit
Changpeng Zhao, co-founder of Binance, recently attended a Trump-family-hosted crypto event held at Mar-a-Lago in Florida, signaling his intent to expand business in the United States. According to Bloomberg on the 23rd, Zhao attended a World Liberty
Bitmine Immersion Technologies, the world’s largest corporate holder of Ether, bought an additional 51,162 Ether (ETH) last week, expanding its total holdings to more than 4.42 million. According to the company on the 23rd, as of the 22nd Bitmine hel
Federal Reserve Governor Christopher Waller said the March policy rate decision will hinge on the February employment report. According to overseas economics breaking-news channel Walter Bloomberg on the 23rd, Waller said, "If the February jobs data
Strategy (formerly MicroStrategy) has increased its bitcoin (BTC) holdings further. On the 23rd, Michael Saylor, chairman of Strategy, said on X (formerly Twitter), “Strategy purchased an additional 592 bitcoins last week, spending about $39.8 millio
U.S. President Donald Trump claimed that a recent ruling by the U.S. Supreme Court has, in fact, strengthened presidential authority. On the 23rd, Trump wrote on his Truth Social account, "The Supreme Court has given me much more authority and power
Vitalik Buterin, co-founder of Ethereum (ETH), has reportedly made additional sales of Ethereum. On the 23rd, crypto news outlet Finbold, citing on-chain data platform Lookonchain, reported that "Buterin sold 1,869 ETH over the past 48 hours." The sa
With Bitcoin (BTC) trading around $66,000, corporate Bitcoin holders were seen extending a net-selling streak to three consecutive weeks. According to crypto-focused media outlet Cointelegraph on the 23rd, publicly listed companies that hold Bitcoin
The European Union (EU) is reportedly considering putting on hold the approval process for a trade agreement with the United States in response to the possibility that President Trump could expand tariffs. On the 23rd, BSC News, a channel specializin
An analysis suggests that stablecoin issuers could emerge as major buyers of U.S. short-term Treasury securities (T-bills) in the coming years, potentially reshaping the Treasury Department’s issuance mix. According to U.S. digital-asset (cryptocurre
BlackRock’s tokenized fund BUIDL has seen its market capitalization rise by about 30% over the past month. According to on-chain data platform Centora on the 23rd, BUIDL’s market cap grew by roughly 30% over the past 30 days, with the pace of gains a
Reports say crypto (virtual-asset) exchange Gemini is at a critical turning point, launching a sweeping restructuring and business overhaul in the wake of Bitcoin (BTC)’s sharp drop. According to Bloomberg on the 22nd (local time), Gemini—founded by