Over 27,740 Bitcoin (BTC) worth $2.4 billion were withdrawn from exchanges on March 25, the highest daily outflow since July 31, 2024. Meanwhile, US spot Bitcoin exchange-traded funds (ETFs) continue their inflow streak, suggesting that institutional demand is making a comeback. Is the Bitcoin bull run about to resume? Bitcoin exchange outflows hit 7-month high Bitcoin …
Monthly Archives: March 2025
KYC Uniswap integration deployed by PureFi, but not everyone is convinced
Zero-knowledge proof (ZK-proof)-based compliance protocol PureFi has launched its Know Your Customer (KYC) and Anti-Money Laundering (AML) integration for the Uniswap decentralized exchange (DEX). According to a recent announcement shared with Cointelegraph, PureFi claims that its ZK-proof-based KYC and AML integration for Uniswap helps address security and compliance concerns at the protocol level. While the …
Continue reading “KYC Uniswap integration deployed by PureFi, but not everyone is convinced”
Ethereum devs prepare final Pectra test before mainnet launch
Ethereum developers are under pressure as the Pectra upgrade rolls out to a new testnet following several unexpected issues that have delayed its deployment to the mainnet. The Pectra upgrade, which was expected to hit the Ethereum mainnet in March, was deployed into the network’s Holesky testnet on Feb. 24. However, the upgrade failed to …
Continue reading “Ethereum devs prepare final Pectra test before mainnet launch”
Fidelity plans stablecoin launch after SOL ETF ‘regulatory litmus test’
Fidelity Investments is reportedly in the final stages of testing a US dollar-pegged stablecoin, signaling the firm’s latest push into digital assets amid a more favorable crypto regulatory climate under the Trump administration. The $5.8 trillion asset manager plans to launch the stablecoin through its cryptocurrency division, Fidelity Digital Assets, according to a March 25 …
Continue reading “Fidelity plans stablecoin launch after SOL ETF ‘regulatory litmus test’”
Google releases new AI model as ChatGPT retains 43% market share
Google introduced Gemini 2.5, its latest experimental artificial intelligence model; it ranked second in a competitive leaderboard for AI-driven web development tools. On March 25, Google announced that it will allow developers to try out Gemini 2.5 Pro. The company described it as a thinking model, capable of reasoning through thoughts before responding. Google said …
Continue reading “Google releases new AI model as ChatGPT retains 43% market share”
IMX surges 15% after Immutable says SEC ended probe
The token tied to the crypto gaming giant Immutable surged 15% in the hours after it announced that the US Securities and Exchange Commission closed its investigation into the firm and would take no further action. The Immutable (IMX) token rose around 15% on March 25 to reach just under $0.74 shortly after the firm …
Continue reading “IMX surges 15% after Immutable says SEC ended probe”
North Carolina bills would add crypto to state’s retirement system
North Carolina lawmakers have introduced bills in the House and Senate that could see the state’s treasurer allocate up to 5% of various state retirement funds into cryptocurrencies such as Bitcoin. The Investment Modernization Act (House Bill 506), introduced by Representative Brenden Jones on March 24, would create an independent investment authority under the state’s …
Continue reading “North Carolina bills would add crypto to state’s retirement system”
SEC plans 4 more crypto roundtables on trading, custody, tokenization, DeFi
The US Securities and Exchange Commission will host four more crypto roundtables — focusing on crypto trading, custody, tokenization and decentralized finance (DeFi) — after hosting its first crypto roundtable on March 21. The series of roundtables, organized by the SEC’s Crypto Task Force, will kick off with a discussion on tailoring regulation for crypto …
Continue reading “SEC plans 4 more crypto roundtables on trading, custody, tokenization, DeFi”
Custodia and Vantage Bank partner for ‘first bank-issued stablecoin’
The crypto-friendly Custodia Bank has worked with Vantage Bank to complete what the two firms say is “America’s first-ever bank-issued stablecoin” on a permissionless blockchain. Custodia said on March 25 that it tokenized US dollar demand deposits and facilitated the issuance, transfer and redemption of the stablecoin “Avit” on Ethereum via the ERC-20 token standard. …
Continue reading “Custodia and Vantage Bank partner for ‘first bank-issued stablecoin’”
Bitcoin, Ethereum to end Q1 in the red, ‘vertical swing up’ unlikely
Bitcoin and Ethereum are poised to suffer their worst first quarter in years unless they can pull off a huge rally in the next few days. Ether (ETH) has dropped 37.98% so far over the first quarter of 2025, its worst Q1 decline since 2018, when it plunged 46.61%, according to CoinGlass data. Meanwhile, Bitcoin …
Continue reading “Bitcoin, Ethereum to end Q1 in the red, ‘vertical swing up’ unlikely”