Crypto News

This year's rapid surge in U.S. states' interest to put public money into cryptocurrencies before the federal government can establish a strategic reserve of digital assets has encountered mixed results after five such efforts flamed out, though Utah remains a single vote away from the finish line and Texas reportedly advanced a bill to its state Senate.Pennsylvania, Wyoming, Montana, South Dakota and North Dakota have fallen short of the mark in legislative efforts to put public money into crypto. Others — most notably Utah — have made significant progress toward passing bills that could tie their financial health to the digital assets markets, and the ground is shifting by the hour.The U.S. Congress and President Donald Trump have made noise...

BitMEX, the cryptocurrency exchange and derivatives trading platform co-founded in 2014 by Arthur Hayes, is looking for a buyer, according to two people with knowledge of the plans.The storied exchange, which arguably made perpetual futures the most popular product among leverage-hungry crypto traders, appointed boutique investment bank Broadhaven Capital Partners late last year to assist with the sales process, the people said.There has been some M&A interest around the crypto derivatives space of late. For instance, major exchanges Kraken and Coinbase are said to be vying for ownership of the leading crypto options exchange Deribit. Meanwhile, FalconX also bought Arbelos Markets earlier this year to expand its derivatives business. Back in 2020, BitMEX was alleged to have failed to implement...

Pain continues, BTC largest 3-day slide since FTX. Fear index at Celsius, LUNA, 3AC collapse levels. BlackRock BTC ETF outflow streak hit 7 days. BlackRock sell to continue ETF outflows today. SOL hits lowest RSI since 2022 then bounces. SEC drops crypto exchange Gemini probe. SEC and Justin Sun explore a ‘resolution’. Delay in timeline for crypto legislation. Washington close to crypto bills: Lummis. Bank of America set to issue stablecoin. Pi Network breaks ATH with volume $3bn. APT jumps on Bitwise Aptos ETF filing. SOL ETFs get registered on DTCC. Safe was compromised for ByBit hack. SOL inflation may soon be reduced 80%. AVAX launches credit card. Metaplanet issue $13m bonds to buy BTC.Source link

The Pudgy Penguins NFT project will debut an animated Youtube series titled “Lil Pudgys” in Spring 2025, produced in collaboration with digital content studio Thesoul Publishing. Pudgy Penguins NFT Project Launches Animated Youtube Series The series, announced Tuesday, follows four penguin characters—Atlas, Eureka, Snofia and Springer—living in UnderBerg, a fictional iceberg world. Aimed at childrenSource link

After the Holesky testnet failed to finalize on Monday, Ethereum devs are still pushing forward with the next Pectra dress rehearsal, Sepolia, on March 5.Source link