Crypto Vesting

Gracy Chen, CEO of cryptocurrency exchange Bitget, criticized Hyperliquid’s handling of a March 26 incident on its perpetual exchange, saying it put the network at risk of becoming “FTX 2.0.”

On March 26, Hyperliquid, a blockchain network specializing in trading, said it delisted perpetual futures contracts for the JELLY token and would reimburse users after identifying “evidence of suspicious market activity” tied to the instruments. 

The decision, which was reached by consensus among Hyperliquid’s relatively small number of validators, flagged existing concerns about the popular network’s perceived centralization.

“Despite presenting itself as an innovative decentralized exchange with a bold vision, Hyperliquid operates more like an offshore [centralized exchange],” Chen said, after saying “Hyperliquid may be on track to become FTX 2.0.”

FTX was a cryptocurrency exchange run by Sam Bankman-Fried, who was convicted of fraud in the US after FTX’s abrupt collapse in 2022. 

Chen did not accuse Hyperliquid of

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Despite strong institutional demand, Bitcoin (BTC) has struggled to reclaim the $100,000 level for the past 50 days, leading investors to question the reasons behind the bearishness despite a seemingly positive environment. 

This price weakness is particularly intriguing given the US Strategic Bitcoin Reserve executive order issued by President Donald Trump on March 6, which allows BTC acquisitions as long as they follow “budget-neutral” strategies.

Bitcoin fails to keep up with gold’s returns despite positive news flow

On March 26, GameStop Corporation (GME), the North American video game and consumer electronics retailer, announced plans to allocate a portion of its corporate reserves to Bitcoin. The company, which was on the verge of bankruptcy in 2021, successfully capitalized on a historic short squeeze and managed to secure an impressive $4.77 billion in cash and equivalents by February 2025.

Largest corporate

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Stablecoin issuers should be restricted from providing yield-bearing opportunities to protect the legacy banking system, which issues home mortgages and small business loans, US Senator Kirsten Gillibrand said at a summit in Washington, DC.

Speaking at the 2025 DC Blockchain Summit on March 26, the Democratic senator from New York praised her state for having some of the most robust financial regulations in the world, and said they should be adopted by all financial services sectors.

According to Gillibrand, these regulations need to be applied to stablecoin issuers, whether they are regulated at the state or federal levels, to ensure compliance with existing laws and to protect consumer safety. Gillibrand then turned her attention to protecting the banking industry:

“Do you want a stablecoin issuer to be able to issue interest, probably not, because if they are issuing interest, there is no reason

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Bitcoin (BTC) mining stocks are down after tech giant Microsoft reportedly scrapped plans to invest in new artificial intelligence data centers in the US and Europe, citing a potential oversupply, according to a report by Bloomberg and data from Google Finance.

Shares of crypto miners Bitfarms, CleanSpark, Core Scientific, Hut 8, Marathon Digital and Riot dropped between 4% and 12% in tandem with the news, the data showed.

The stock price retrenchments highlight cryptocurrency miners’ increased dependence on business from artificial intelligence models after the Bitcoin network’s April 2024 “halving” cut into mining revenues.

CORZ intraday performance on the Nasdaq. Source: Google Finance

Miners are “diversifying into AI data-center hosting as a way to expand revenue and repurpose existing infrastructure for high-performance computing,” Coin Metrics said in a March report.

For example, in June 2024, Core Scientific pledged 200

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Ether (ETH) price reclaimed the $2,000 support on March 24 but remains 18% below the $2,500 level seen three weeks ago. Data shows Ether has underperformed the altcoin market by 14% over the past 30 days, leading traders to question whether the altcoin can regain bullish momentum and which factors might drive a trend reversal.

Ether/USD (left) vs. total altcoin capitalization, USD (right). Source: TradingView / Cointelegraph

Ether appears well-positioned to attract institutional demand and significantly reduce the FUD that has limited its upside potential. Critics have long argued that the Ethereum ecosystem lags behind competitors in overall user experience and still offers limited base-layer scalability, which has negatively impacted network fees and transaction efficiency. 

Will the Ethereum Pectra upgrade impact ETH price?

Many of the Ethereum network’s challenges are expected to be addressed in the upcoming Pectra network upgrade, scheduled for late April

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Interactive Brokers, a global brokerage that recorded $9.3 billion in revenue for 2024, is expanding its altcoin offerings to include four new tokens.

According to a March 26 announcement, the platform has added Solana (SOL), Cardano (ADA), XRP (XRP), and Dogecoin (DOGE) for trading. The four coins have a combined market capitalization of $267.2 billion at this writing.

The additions double Interactive’s crypto offerings to traders. Since 2021, it has enabled trading in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) pairs.

Both trading and custody services will be provided through Paxos Trust Company or Zero Hash LLC. Zero Hash said in a

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XRP (XRP) price continues to underperform the broader crypto market this week, even though multiple altcoins turned green as Bitcoin (BTC) rallied to $88,800.

XRP 1-day chart. Source: Cointelegraph/TradingView

The altcoin is down 4.7% over the past seven days, putting a pause to the 11% rally seen on March 19, when the Ripple’s SEC “lawsuit ending” news made headlines. XRP trading volumes have also dropped from around $4 billion to $2.6 billion, i.e., a 35% dip over the past week.

XRP price peers over a steep cliff

In a recent X post, veteran trader Peter Brandt said the presence of a “textbook” head-and-shoulders pattern (H&S) could drop XRP price as low as $1.07.

XRP head-and-shoulders pattern by Peter Brandt. Source: X.com

According to Brandt, a price rally above $3 could invalidate the H&S pattern. However, a drop below $1.90

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Several sectors of decentralized finance are poised for growth in 2025, including special-purpose decentralized exchanges (DEXs), stablecoins, and tokenized assets, according to Curve Finance founder Michael Egorov.

Growth in decentralized exchanges will be driven by new purpose-tailored platforms, such as exchanges for stablecoins pegged to different underlying fiat currencies, thus solving the foreign exchange problem in stable tokens, Egorov said in an interview with Cointelegraph. The Curve founder added:

“Exchanges between stablecoins of different denominations like the Euro, US dollar, and others are not yet properly solved. How to provide liquidity without losing money, but while earning a lot of money, is kind of an open question that I think will be solved soon.”

The number of centralized and decentralized stablecoin offerings will also grow as financial institutions and blockchain developers create new alternatives, Egorov said.

However, the regulatory landscape must catch up with the pace of innovation in the DeFi sector, and financial

Read More at https://cointelegraph.com/news/specialized-purpose-dex-poised-growth-michael-egorov?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin (BTC) bulls have maintained the pressure and are attempting to push the price above the $90,000 resistance. A positive sign in favor of the bulls is that the US spot Bitcoin exchange-traded funds have witnessed net inflows for eight successive trading days, according to SoSoValue data. That indicates institutional investors are gradually buying again.

In another positive, a Bitcoin whale bought 2,400 Bitcoin — worth over $200 million — on March 24 to increase the total holding to more than 15,000 BTC, blockchain analytics firm Arkham Intelligence said in a post on X.

Crypto market data daily view. Source: Coin360

However, a Bitcoin rally may not be easy as bulls are expected to encounter solid selling near $90,000. Alphractal CEO Joao Wedson highlighted in a post on X that whales had closed

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Crypto and blockchain-focused venture capital is unfazed by recent market volatility and is using the opportunity to uncover hidden gems in an industry that’s only “one decade into a 30-year paradigm shift,” according to Hoolie Tejwani, the head of VC firm Coinbase Ventures. 

Coinbase Ventures will “continue to invest steadily through market conditions” because it sees the “big picture,” Tejwani told Cointelegraph in an interview.

“What we’re seeing as investors is an exponential technology change curve that is transforming the way people interact, how value flows, and how economies are run. And it’s being shaped by the people who are building on crypto infrastructure,” said Tejwani.

Coinbase Ventures’ portfolio of investments includes Arbitrum, Dune, EigenLayer, Etherscan, OpenSea, Optimism and Uniswap, among others. Its mandate is to invest in project founders who share the namesake crypto exchange’s vision of creating more economic freedom through

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