Author: John Smith

Decentralized perpetual contracts trading platform dYdX has updated its near-term roadmap which details improvements focused on enhancing speed and user experience as well as rollout of new trading features. According to its near-term (next two months) roadmap update, dYdX (DYDX) plans to improve its website stability during periods of high trading activity by reducing downtime, stale data, and throughput constraints. Additionally, the platform will make both the deposit and withdrawal process easier and faster, enabling users to access their funds on the dYdX Chain in less than a minute, compared to the typical18+ minute wait. The website’s front-end interface will…

A wave of short-term holder capitulation is now driving Bitcoin’s price lower, reinforcing bearish pressure, analysts at Glassnode warn. The price of Bitcoin (BTC) is now under strong selling pressure as short-term holders have started offloading their coins at a loss, much like past market downturns, according to a Glassnode research report. Since January, the accumulation trend has remained weak, showing that buyers aren’t stepping in to absorb the sell-off. Bitcoin accumulation trend score | Source: Glassnode The decline has lined up with Bitcoin’s slide from $108,000 to $93,000, what has triggered concerns about fading demand, Glassnode wrote in a…

Ethereum price is still trying to recover the $1,900 mark as weak DeFi metrics and increased competition weigh on its price.  Due to decreased liquidity and investor participation, the network’s total value locked decreased from $63 billion in January to $44 billion in February, according to DefiLlama data. Stablecoin inflows have slowed down, indicating a slower capital rotation into Ethereum (ETH) protocols. The data also shows that decentralized exchange trading volumes are down, from $92 billion in December to $82 billion in February. As other chains like Hyperliquid (HYPE) and Solana (SOL) register growing perpetual futures trading volumes, futures trading…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As SHIB and Pi struggle to prove their real-world use, Remittix’s PayFi solution is capturing attention with its $13.8m presale and growing investor interest. Remittix keeps heads spinning by breaking more than $13.8 million in presale, selling 518 million tokens for $0.0734. The growing interest is coming as investors are putting SHIB, PI, and RTX against one another in a fight to lead as long-term prospects. With SHIB still failing to gain a solid footing as a top memecoin…

Metaplanet has purchased 162 Bitcoin, bringing their total holdings to 3,050 BTC. This is the first time Metaplanet’s crypto investments have surpassed the 3,000 BTC mark. On March 12, the Japanese investment firm announced it had recently acquired an additional 162 BTC (BTC) at an average price of 12,39 million yen ($83,635) as part of its efforts to continuously strengthen its Bitcoin Treasury Operation. With this latest BTC purchase, Metaplanet has managed to accumulate 3,050 BTC or equal to nearly $250 million. This is the first time Metaplanet’s Bitcoin Treasury has surpassed the 3,000 BTC threshold. Often referred to as…

ARKM rallied as high as 55% after securing a listing on the South Korean crypto exchange Upbit but lost most of its gains within hours. In a March 11 X post, Upbit Korea announced that it had added the altcoin to its USD market, with trading starting at 16:00 KST on Tuesday, March 11, 2025. Arkham (ARKM) formed a “god candle,” surging from $0.47 to $0.70 within 10 minutes following the announcement. Its market cap exceeded $220 million at that time, while its daily trading volume hovered around $154 million. The gains also coincided with Arkham Exchange’s launch in China…

Lawmakers in the United States have voted to scrap the Internal Revenue Service’s controversial rule that would have forced decentralized finance platforms to report user transactions. The motion against the IRS DeFi broker rule saw bipartisan support, with the U.S. House of Representatives voting 292-132 in favor of repealing the rule on March 11. While all 132 opposing votes came from Democrats, 76 from the party crossed the aisle to join Republicans in backing the repeal. The DeFi broker rule would have required decentralized exchanges and other DeFi platforms to report transaction details, including user information and gross proceeds from…

Starknet plans to use Bitcoin as a settlement layer alongside Ethereum, aiming to connect the two largest blockchains on a single layer 2 network. The Starknet Foundation’s Bitcoin roadmap, published on Mar. 11, outlined how the network could scale Bitcoin (BTC) from its current 13 transactions per second  to thousands of tramsactions. Although Bitcoin provides deep liquidity and security, decentralized finance development has been difficult due to its limited programmability. Starknet (STRK) wants to change that. To achieve this, Starknet is pushing for OP_CAT, a proposed Bitcoin update that would allow users to set spending conditions for BTC and enable…

Sony’s Soneium blockchain is partnering with LINE to bring four mini-apps on-chain in the next few months, in hopes of expanding web3 adoption among the social platform’s users. According to a press release sent to crypto.news, Soneium is preparing to launch a series of mini-apps on LINE in the next few months. This collaboration opens up new opportunities for web3 expansion, especially in regions where LINE is the dominant digital platform. By bringing blockchain-powered applications to LINE, Soneium hopes to simplify access to popular web3 gaming apps for users through a seamless integration. The firm hopes to onboard new users…

Metaplanet has issued ¥2 billion ($13.3 million) through a zero-interest bond to increase its Bitcoin holdings. According to the company’s announcement, the bonds were approved on Mar. 12 and will mature on Sep. 11, 2025. The funds raised will be used to buy more Bitcoin (BTC), while repayment is expected to come from the exercise of Metaplanet’s 14th to 17th Series of Stock Acquisition Rights. The bonds allow for early redemption. Metaplanet can repay them at face value if it secures enough funds from stock acquisition rights. Additionally, bondholders can request an early redemption with advance notice. Collateral and guarantees…