Author: James Wilson

Hashgraph, the developer behind the Hedera network, has announced the launch of HashSphere, a private, permissioned blockchain tailored for enterprises in regulated industries.  Set to go live in Q3 2025, HashSphere is designed to facilitate low-cost, compliant cross-border stablecoin transactions for banks and asset managers. Built on Hedera’s (HBAR) technology, HashSphere will offer EVM compatibility, allowing institutions to develop and deploy smart contracts while ensuring adherence to regulatory requirements such as KYC and AML rules.  The platform is currently in beta testing and is working with industry players, including Australian Payments Plus. Compliance and privacy concerns Many enterprises have been…

Dogecoin’s price continued its downward trend on Monday as the crypto and stock markets sank. Dogecoin (DOGE), the biggest meme coin in crypto, dropped to a low of $0.1628, its lowest point since March 12. It has fallen by over 66% from its highest level in December. DOGE crash happened as investors embraced a risk-off sentiment ahead of Donald Trump’s so-called Liberation Day, when he will impose reciprocal tariffs on most US trading partners, risking a recession. These fears have sparked anxiety in the crypto and stock markets. The crypto fear and greed index has fallen into the fear zone…

The U.S. risks losing its global financial dominance to Bitcoin if the country’s deficits keep growing, BlackRock CEO Larry Fink warned in his annual letter. BlackRock CEO Larry Fink warns the U.S. dollar’s dominance isn’t guaranteed as soaring debt could push investors toward “digital assets like Bitcoin (BTC),” Fink wrote in his annual letter on Monday, March 31. The head of the world’s largest asset manager, overseeing $11.5 trillion in assets as of 2024, noted that the national debt has grown three times faster than GDP since 1989. “This year, interest payments will surpass $952 billion — exceeding defense spending.…

Galaxy Digital’s recently announced 15-year AI hosting agreement with CoreWeave marks a potentially transformative move for the company, according to H.C. Wainwright & Co. analyst Mike Colonnese. The deal was announced during Galaxy Digital’s Q4 2024 earnings call. As part of the deal, Galaxy will repurpose 200 MW of its Helios mining facility in West Texas to host 133 MW of critical IT load for CoreWeave’s GPUs. The contract is expected to generate $4.5 billion in revenue over its term, or around $300 million annually, which represents 70% of Galaxy’s total 2024 revenues, according to the analyst. These terms are…

Crypto is entering the next stage of its evolution, but it’s not driven by hype or surging retail volumes, according to Ayesha Kiani, Chief Operating Officer at MNNC Group. Speaking during a Bloomberg TV interview over the weekend, Kiani said that while institutional interest is growing, participation remains cautious and calculated. MNNC Group is a quantitative digital asset investment firm. She said she is seeing demand for stablecoin buying along with Fortune 500 companies adding Bitcoin (BTC) or stablecoins on their balance sheets. Meanwhile, many firms are exploring blockchain infrastructure for decentralizing internal data operations, implying the sector has evolved…

The Trump family is entering the Bitcoin (BTC) mining business with a new company called American Bitcoin. According to the press release dated March 31, Eric Trump and Donald Trump Jr. have teamed up with publicly trading crypto infrastructure firm Hut 8 to launch a Bitcoin mining company American Bitcoin. Eric and Donald Trump Jr. will own 20% of the company, while Hut 8 will own the remaining 80%. Initially, the company will focus on mining operations. Moving forward, Trump mentioned plans to build a strategic Bitcoin reserve and potentially go public. “From the start, we’ve backed our conviction in…

Michael Saylor’s Strategy boosts its Bitcoin holdings to 528,185 BTC, acquired for $1.92 billion at an average of $86,969 per coin. The most active public Bitcoin (BTC) buyer Strategy (formerly MicroStrategy) has acquired another 22,048 BTC, bringing its total BTC holdings at 528,185 BTC. In a March 31 post on X, Strategy’s founder Michael Saylor disclosed that the company acquired the latest tranche for $1.92 billion over six days, from March 24 to March 30. According to a disclosure filing with the U.S. Securities and Exchange Commission, Strategy purchased the tranche at an average price of at nearly $86,969 per…

RedStone has erased all of its recent gains from the last major update, entering a period of consolidation as the market awaits the next catalyst. RedStone (RED) has dropped to $0.50, marking an 18% decline over the past week and a 43% drop from its $0.89 peak on March 16. On March 14, the modular oracle RedStone rolled out out the DRILL program, aiming to reward early adopters and accelerate the growth of the RedStone ecosystem by allocating 4.5% of the total RED token supply to core users. The announcement triggered a surge in the token’s price, reaching $0.7545 —…

Algo crypto is trying to breakout from the falling wedge pattern and it could signal a good upside from the levels. In this article, we will look at Algo crypto next target along by looking at price chart and technicals. For on-demand analysis of any cryptocurrency, join our Telegram channel. ALGORAND Crypto Next Target Price: Approximately $0.1759 USD per ALGO. Market Capitalization: Approximately $1.5 billion USD. 24-Hour Trading Volume: Approximately $61.8 million USD. Circulating Supply: Approximately 8.53 billion ALGO. Total Supply: 10 billion ALGO.  Price broke below 200-day Moving Average, which signaled onset of Downtrend. It is trading in a wide…

After a turbulent 2023, Bithumb posted a 565% increase in net profit in 2024, aided by market recovery and improved investor sentiment. South Korean cryptocurrency exchange Bithumb successfully returned to profitability last year, with revenue increasing by 265.4% year-over-year, News1 reports, citing data from the Financial Supervisory Service’s electronic disclosure system. According to the report, Bithumb posted an operating profit of 130.7 billion won (around $90.1 million) last year, marking a turnaround from losses as the exchange had recorded an operating loss of 14.8 billion won in 2023. Net profit for 2024 surged 565.8% year-over-year to 161.8 billion won (nearly…