Coinbase Plans to Invest in Four Key Areas in 2026, Including RWA Perpetual Contracts and Specialized Trading Terminals

Coinbase Ventures released its 2026 investment outlook, outlining its focus on four key areas: RWA perpetual contracts, specialized trading terminals, next-generation DeFi protocols, and AI and robotics.

Specialized trading terminals will focus on Prop AMMs and prediction market trading terminals; next-generation DeFi protocols will focus on perpetual market composability, uncollateralized lending/credit, and on-chain privacy; and AI and robotics will focus on human identity verification, AI-enabled on-chain development, and security.

Coinbase Ventures stated that its team is actively seeking investments in these areas and welcomes discussions with relevant projects.

Europe’s largest asset manager sells Strategy shares

Amundi, Europe’s largest asset manager, disclosed that it sold 772,620 shares of Strategy (MSTR) stock in the third quarter, worth $135 million.

Robinhood and Susquehanna are acquiring a majority stake in MIAXdx to deepen their involvement in the prediction market. 

Robinhood and hedge fund Susquehanna International Group are taking over a regulated exchange previously linked to the now-bankrupt crypto firm FTX, giving the two companies a new foothold in the prediction market space. The two companies are acquiring a majority stake in MIAXdx (formerly LedgerX).

LedgerX, formerly owned by FTX and now operated by Miami International Holdings (MIH), was a U.S.-based derivatives exchange. Financial details of the deal were not disclosed, but MIH stated it will sell 90% of the exchange to a group led by Robinhood. Robinhood stated it will become the “controlling partner” in the new joint venture, while Susquehanna will act as the “first-day liquidity provider” to ensure clients have counterparties for their trades.

Both acquiring parties already have close ties to the prediction market. Susquehanna has stated that it is a market maker for the prediction market Kalshi. Robinhood is offering Kalshi’s event contracts to its retail investment clients. This new deal will give Robinhood and Susquehanna direct control over the infrastructure needed to list and liquidate event contracts on their own terms.

〈CoinRank Daily Data Report (11/26)｜Coinbase Plans to Invest in Four Key Areas in 2026〉這篇文章最早發佈於《CoinRank》。

Michael Saylor to help Pakistan launch $5B Bitcoin reserve plan, advising its national crypto strategy as the country allocates surplus energy and fast-tracks legislation to embrace digital assets.

A BOLD PIVOT TOWARD BITCOIN

Pakistan has made its most dramatic financial pivot in decades – and it’s doing so with the backing of one of Bitcoin’s biggest believers. Strategy co-founder and Bitcoin advocate Michael Saylor is stepping in to help the country design and implement a national Bitcoin reserve strategy, marking a historic moment in Pakistan’s evolving approach to digital assets.

The high-level collaboration was announced following a meeting between Saylor, Finance Minister Muhammad Aurangzeb and State Minister on Blockchain and Crypto Bilal Bin Saqib in Islamabad. There, they discussed how Bitcoin could support Pakistan’s long-term economic resilience.

Saylor praised the nation’s human capital and signaled his confidence: “When the market sees a leader in Bitcoin, they send their money to you. Pakistan has the clarity and commitment. I look forward to working with you.”

FROM BLANKET BAN TO STRATEGIC ADOPTION

Only a year ago, Pakistan had a blanket ban on cryptocurrency trading and mining. But since March 2025, the nation has executed a stunning reversal in its crypto policy.

Key to this shift is the formation of the Pakistan Digital Assets Authority, tasked with guiding the national crypto strategy. The country also created the Pakistan Crypto Council, led by Bin Saqib, which presented a draft legal framework earlier this month. The Ministry of Finance has agreed to fast-track approval of the legislation.

At the Bitcoin 2025 Conference in Las Vegas, Pakistan’s new approach became official. Saqib declared the country would hold Bitcoin as part of its national reserve – with no intention to sell. “It’s a strategy of financial sovereignty,” he said.

A NATIONAL BITCOIN WALLET AND MINING PUSH

Pakistan’s ambitions aren’t limited to just holding Bitcoin. The government announced it will allocate 2,000 megawatts of surplus electricity toward Bitcoin mining and AI data centers. The move aims to monetize otherwise stranded energy and attract foreign capital into the tech sector.

This infrastructure strategy mirrors what El Salvador attempted in 2021, but on a larger scale and with more global buy-in. Pakistan wants to build a national Bitcoin wallet and position itself as a Web3-ready emerging market – a beacon for crypto innovation across the Global South.

SAYLOR’S STRATEGY AS A BLUEPRINT

Michael Saylor’s presence is more than symbolic. He transformed Strategy (formerly MicroStrategy) into the world’s largest corporate Bitcoin holder, amassing over 582,000 BTC, valued at over $61 billion as of June 2025.

Saqib pointed to that transformation as the model Pakistan aims to follow. “If private individuals can build that in the US, why can’t Pakistan, as a nation, do the same? We have the talent, the story and the energy.”

Saylor echoed that sentiment in public statements and videos shared by Pakistan’s Ministry of Finance. He emphasized that intellectual leadership and clarity will attract capital. “The world is watching. If you take the lead, they will follow.”

GLOBAL CRYPTO MOMENTUM

Pakistan’s move fits into a growing global trend. Countries across the world are leaning into Bitcoin and digital assets:

• The United States is advancing a pro-crypto legislative agenda.
• Russia uses Bitcoin for cross-border transactions.
• Ukraine is preparing a national crypto tax framework.
• South Korea is developing stablecoin regulations.

Now, Pakistan wants to lead the Global South in Bitcoin adoption. Finance Minister Aurangzeb confirmed this ambition, saying, “We aim to become the central hub for digital assets in our region.”

REGULATORY ACCELERATION AND STRATEGIC ADVISORS

To accelerate its transformation, Pakistan has brought in top-tier advisors. In addition to Saylor, Binance co-founder Changpeng Zhao (CZ) is helping shape blockchain infrastructure and the regulatory landscape.

Saqib, who also advises World Liberty Financial, has been key to connecting Pakistan with global crypto leaders and ensuring the country’s fast-track strategy gets executed swiftly.

The government’s legal and technical groundwork is now in place. With a new framework, a national Bitcoin reserve, and a public commitment not to sell, Pakistan is taking calculated steps toward reshaping its financial future.

CONCLUSION

Michael Saylor’s involvement is a milestone in Pakistan’s digital evolution. With a $5 billion Bitcoin reserve plan, surplus energy conversion for mining, and a revamped legal framework, the country is on the verge of a major economic transformation.

This bold step places Pakistan among the vanguard of crypto-forward nations. As Saylor said, “Capital is looking for leadership. And Pakistan is showing the world that it’s ready to lead.”

〈Michael Saylor to Help Pakistan Launch $5B Bitcoin Reserve Plan〉這篇文章最早發佈於《CoinRank》。

Welcome to the CoinRank Crypto News Roundup. CoinRank will provide daily important crypto news in this column series, allowing readers to quickly obtain the latest crucial updates from the cryptocurrency market.

MORNING NEWS

1. Metaplanet to Issue 3.6 Billion Yen in Zero-Coupon Bonds to Purchase Bitcoin

Metaplanet has announced plans to issue 3.6 billion yen in zero-coupon bonds, with proceeds to be used for Bitcoin purchases. This strategic move aims to bolster the company’s cryptocurrency holdings and underscores its commitment to leveraging digital assets as a core component of its financial strategy.

Zero-coupon bonds are debt securities sold at a discount from face value, with the bondholder receiving the full face value at maturity. This approach allows Metaplanet to secure funds for Bitcoin investment while maintaining financial flexibility.

The decision reflects Metaplanet’s confidence in the long-term potential of the cryptocurrency market and is part of a broader trend among companies diversifying their investment portfolios with digital assets.

2. Riot Platforms Reports Record Revenue but Posts Loss Due to Higher Mining Costs

Bitcoin miner Riot Platforms reported its highest-ever quarterly revenue of $161.4 million, a 50% jump compared to the same quarter a year ago and slightly above Wall Street estimates of $159.79 million.

Despite the record revenue, the company posted a net loss of $296,367 over Q1, a 240% decrease from the $211,777 net income it reported in the year-ago quarter. Riot said the average cost to mine Bitcoin over the quarter was $43,808, almost 90% more than the $23,034 it cost in the same period last year.

“The increase was primarily driven by the block subsidy ‘halving’ event, which occurred in April 2024, and a 41% increase in the average global network hashrate,” Riot explained. The company currently holds 19,223 unencumbered Bitcoin, worth approximately $1.86 billion.

3. Meteora Proposes 25% Token Allocation to Liquidity Incentives and TGE Reserves

Meteora has proposed allocating 25% of its tokens to liquidity incentives and Token Generation Event (TGE) reserves. This move aims to enhance token liquidity and ensure a stable supply for future events.

By allocating tokens to liquidity incentives, Meteora aims to create a robust market for its tokens, encouraging more trading activity and making it easier for investors to enter and exit positions. The TGE reserves will support future token generation events, ensuring sufficient token supply to meet demand.

This strategic allocation demonstrates Meteora’s commitment to creating a sustainable and reliable token market, potentially instilling confidence in investors and traders by showing the company is taking steps to mitigate risks.

4. Strategy Reports $5.9 Billion Loss on Bitcoin Holdings in Q1

Strategy, formerly known as MicroStrategy, reported a decline of $16.49 per common share in the first quarter of 2025 due to Bitcoin’s price plunge during the period. The company recorded a loss of $5.9 billion on its Bitcoin holdings.

The company announced it would issue a new $21 billion common stock equity offering, with Executive Chairman Michael Saylor stating the funding would help fuel future Bitcoin purchases. Strategy has pioneered issuing shares to increase its Bitcoin holdings, having sold around $20.9 billion worth of common shares through its at-the-money equity offering program.

Strategy now owns around 554,000 BTC, valued at roughly $53 billion based on current prices. The company purchased its Bitcoin at an average cost of $68,459 as of April 28. “We successfully executed our record $21 billion common stock ATM, adding 301,335 BTC to our balance sheet while simultaneously achieving a 50% increase in MSTR share price during the same period,” said CEO Phong Le.

5. ETH Whale Moves 2,680 ETH to Kraken After Two-Year Staking

A significant transaction has recently taken place in the cryptocurrency market, involving a large holder who moved 2,680 ETH to the Kraken exchange after a two-year staking period. The decision to unstake and transfer the ETH to Kraken suggests a strategic shift in the whale’s investment approach, potentially indicating a bearish outlook on ETH’s future price.

The whale’s action is anticipated to result in a loss of approximately $255,000, attributable to the difference between the value of ETH at the time of staking and its current value, as well as any fees or penalties associated with unstaking.

The transfer of such a large amount of ETH to an exchange like Kraken could have implications for the broader cryptocurrency market, potentially signaling increased selling pressure on ETH.

NOON NEWS

1. Movement Labs Suspends Co-Founder Rushi Manche Amid Market Manipulation Controversy

Movement Labs has suspended co-founder Rushi Manche after a string of challenges related to alleged market manipulation impacted the project. The suspension comes in light of ongoing events and a third-party review by Groom Lake regarding organizational governance and relationship with a market maker.

The issues can be traced back to December, when a market maker allegedly sold 66 million MOVE tokens and took home an estimated $38 million in USDT profit. The matter was discovered in March when Binance detected unusual activity, froze the funds, and reported the issue to Movement.

Coinbase resolved to delist the MOVE token after limited trading, stating it failed to meet listing requirements. The token has suffered a 20% loss in the last 24 hours and a 50% loss in the last 30 days, reflecting eroding investor confidence following the scandal.

2. Du Jun Reveals ABCDE First-Phase Fund Underperformed Bitcoin

Du Jun revealed in the Web3 101 podcast that the ABCDE first-phase fund did not outperform Bitcoin, with a current paper gain of around 5 times, and the DPI is expected to be around 2 times in the end. Currently, they are mainly focusing on AI-assisted security, trading, and data companies.

3. Fr8Tech to Invest $20 Million in Trump Token

Freight Technologies, Inc. (Fr8Tech) has made a deal to raise up to $20milliontopurchaseOfficialTrumpToken($TRUMP), making it one of the first public companies to invest in these tokens as part of its digital strategy. The coin is currently trading at $12.38 with a market cap of $2.47 billion according to CoinMarketCap.

Fr8Tech finalized a deal with an institutional investor to raise the funds through convertible notes. CEO Javier Selgas stated that investing in Trump Tokens supports the company’s mission to enhance trade between the U.S. and Mexico, noting that “Mexico is the U.S.’s biggest trading partner.”

Fr8Tech joins other major corporations like Tesla, Strategy, and Block in shifting towards digital assets. The company will raise $1 million in the first part of the deal and can raise an additional $19 million later if needed.

4. The Blockchain Group Unveils Plan to Accumulate 260,000 BTC by 2033

The Blockchain Group has unveiled an ambitious plan to accumulate 260,000 BTC by 2033. This initiative includes interim targets for 2029, aiming to hold between 21,000 and 42,000 BTC. By 2033, the target increases to between 170,000 and 260,000 BTC, representing just under 1% of Bitcoin’s fixed supply.

The announcement has generated considerable interest within the cryptocurrency community, aligning with the growing trend of institutional adoption. This accumulation plan could potentially reduce the available supply of Bitcoin on exchanges, increasing upward price pressure and stimulating trading activity.

The immediate market reaction saw a spike in Bitcoin’s trading volume, indicating heightened investor interest. Technical indicators showed bullish signals, with the RSI at 68 and the MACD showing a bullish crossover, while on-chain activity showed active Bitcoin addresses increasing by 7% to 1.1 million.

5. Two Prime Shifts Focus Exclusively to Bitcoin, Abandons Ethereum

Two Prime, a prominent digital asset derivatives firm, has announced a strategic shift to focus exclusively on Bitcoin (BTC) for its asset management and lending services. This decision follows a thorough analysis of market dynamics and Ethereum’s performance over the past 15 months.

The firm’s analysis revealed that ETH has fundamentally changed its behavior, de-correlating from BTC and exhibiting greater tail risk, trading more like a memecoin rather than a predictable asset. Even during Q1 2025 turbulence, BTC remained within its fundamental behavior, while ETH saw several multi-standard deviation moves.

Two Prime’s analysis highlighted that ETF buying of BTC has far outpaced that of ETH, with BTC’s total supply consumed by ETFs being more than double that of ETH. The firm also noted that ETH’s first-mover advantage has been eroded by competitors like Solana, which offer faster transaction speeds, lower costs, and better user experience.

EVENING NEWS

1. Block CEO: Bitcoin Mining Chip to Launch in 2025, Made in US

Block CEO Jack Dorsey stated that the Bitcoin mining chip Proto, developed by the company, will be launched in 2025 and will be manufactured in the United States to address tariffs and overseas manufacturing risks. Dorsey emphasized that collaboration with domestic suppliers and manufacturers will ensure the chip’s release as planned.

Block’s first-quarter gross profit reached $2.29 billion, a 9% year-over-year increase, with Cash App’s gross profit rising 10% to $1.38 billion and Square’s growing 9% to $898 million. However, due to the macroeconomic environment and weak consumer spending, the company has lowered its full-year gross profit forecast for 2025 to $9.96 billion, a 12% increase year-over-year.

2. Aria Officially Launches Points System for OG Status Users

Aria officially launched a points system, which is open to users with OG status. For every 1 USDC staked to the Stakestone vault, users can get 1 point. Experience points gained from completing Zealy tasks will be counted into the points at a 1:1 ratio.

Users who have not yet obtained OG status can strive for participation by continuously completing tasks. Points will serve as an important reference for subsequent incentives and rewards.

3. Binance Contracts to Adjust Mark Price Basis from 2.5 to 1 Minute

According to the official announcement, starting from 17:00 on May 5, 2025 (Eastern Time Zone 8), Binance Contracts will adjust the mark price and change the price basis from 2.5 minutes to 1 minute.

4. aZen Raises $1.2M in Seed Funding, $40M in Equity Investment

Web3 infrastructure project aZen has raised $1.2 million in seed funding led by Waterdrip Capital, alongside participation from DWF Ventures, Rootz Labs, Mindfulness Capital, Attention Ventures, Quantum Leap Lab, DePIN-X, and ODIG. Additionally, aZen’s holding company has secured a $40 million equity investment from UAE-based Royal Front LLC to drive long-term expansion and ecosystem development.

Since its soft launch, aZen has gained significant traction with 600,000+ app downloads, 360,000+ monthly active users, and 80,000+ active nodes on DePIN Lite testnet. The project aims to transform global AI computing with decentralized edge resource integration and scalable tokenized computing.

aZen’s ecosystem includes ZenHive, SocialFI AI Agent, and DeFAI, with core innovations including transforming computing, AI, and applications into dynamic fractional NFTs, intelligent compute resource scheduling, and privacy-preserving data processing for AI models.

5. Curve Founder Michael Egorov Sells Another 343,452 CRV

Spot on Chain disclosed data on the X platform showing that Curve founder Michael Egorov has sold another 343,452 CRV (about $224,000) since April 8. Since March 24, the total sales volume has reached 3.433 million CRV (about $1.85 million), with an average selling price of $0.539.

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〈CoinRank Crypto News Roundup: (5/02) | Strategy Reports $5.9B Bitcoin Loss, Movement Labs Suspends Co-Founder, Metaplanet to Issue Bonds for BTC〉這篇文章最早發佈於《CoinRank》。

Welcome to CoinRank Daily Data Report. In this column series, CoinRank will provide important daily cryptocurrency data news, allowing readers to quickly understand the latest developments in the cryptocurrency market.

DEX TRADING VOLUME REBOUNDS ACROSS THE BOARD, SOLANA LEADS THE INCREASE

According to new data from DeFiLlama, DEX (decentralized exchange) trading volumes have generally rebounded across major public chains over the past 24 hours. Among them, Solana ranks first with a weekly increase of 32.52%, reaching a 24-hour trading volume of $2.174 billion; Ethereum follows closely with growth of 27.98% and trading volume of $1.737 billion. Base and Arbitrum showed impressive performance, rising 28.75% and 31.56% respectively.

Meanwhile, BNB Chain became the only mainstream public chain with declining trading volume, dropping 5.94% with a 24-hour trading volume of $660 million.

Analysis: 

The comprehensive rebound in DEX trading volumes reflects warming market sentiment and increased investor activity. Solana’s strong performance may benefit from its low transaction fees and high TPS advantages, attracting more high-frequency trading and Meme coin speculation. The growth of Base chain (Coinbase ecosystem) and Arbitrum (Layer2 leader) indicates continued prosperity in the Ethereum Layer2 ecosystem.

TOP FIVE FARTCOIN ADDRESSES GENERATE PROFITS EXCEEDING $8.9 MILLION

According to Golden Finance reporting, based on Nansen monitoring, the top five FARTCOIN addresses have collectively realized profits exceeding $8.9 million. One address gained $1.88 million in profit and has already exited. Another address is still holding unrealized gains worth $4.15 million.

Analysis: 

The substantial profits of the top five FARTCOIN addresses reflect that early holders or institutional investors may have already secured significant market advantages, with some addresses choosing to take profits (such as the $1.88 million that has exited); while the address holding $4.15 million in unrealized gains indicates that some major holders still see potential in the future market.

STRATEGY BITCOIN HOLDINGS UNREALIZED PROFIT REBOUNDS TO $9.01 BILLION

According to Golden Finance reporting, as Bitcoin rebounded today briefly breaking through $86,000, now trading at $84,531, Strategy (formerly MicroStrategy) has seen the unrealized profit on its Bitcoin holdings rebound to $9.01 billion.

As of April 6, 2025, Strategy disclosed that it holds 528,185 bitcoins, with a total purchase cost of approximately $35.63 billion, representing an average cost of about $67,458 per bitcoin.

Analysis:

 MicroStrategy (now Strategy), as the largest public company Bitcoin holder, demonstrates the resilience of its long-term holding strategy through this rebounding unrealized profit. Strategy’s holdings performance often influences market sentiment; if it continues to increase its position in the future, it may further boost market confidence. Conversely, if signs of reducing holdings appear, caution regarding correction risk would be warranted.

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〈CoinRank Daily Data Report (4/14)｜DEX Trading Volume Rebounds Across the Board, Solana Leads the Increase〉這篇文章最早發佈於《CoinRank》。

Welcome to the CoinRank Crypto News Roundup. CoinRank will provide daily important crypto news in this column series, allowing readers to quickly obtain the latest crucial updates from the cryptocurrency market.

MORNING NEWS

1. Strategy Acquires Additional $1.92 Billion in Bitcoin

Bitcoin evangelist Michael Saylor’s Strategy (formerly MicroStrategy) announced the acquisition of 22,048 Bitcoin worth $1.92 billion.

The company’s purchases were made using proceeds from common MSTR at-the-market (ATM), preferred STRK ATM, and STRF stock offerings, at an average price of $86,969 per Bitcoin between March 24 and March 30.

As of March 30, Strategy now holds 528,185 Bitcoin worth around $35.63 billion, acquired at approximately $67,458 per Bitcoin, cementing its position as the world’s largest corporate Bitcoin holder.

Meanwhile, MARA Holdings, the second-largest corporate holder with 46,374 Bitcoin, has announced a $2 billion stock offering to acquire additional Bitcoin.

2. BlackRock CEO Warns U.S. Debt Could Boost Bitcoin as Alternative Reserve Currency

In his annual letter to investors, BlackRock CEO Larry Fink warned that if the U.S. doesn’t get its debt under control, the country risks losing its world reserve currency status to digital assets like Bitcoin.

Fink noted that the national debt has grown at three times the pace of GDP since 1989, with 2025 interest payments exceeding $952 billion, surpassing defense spending. If uncorrected, by 2030, mandatory spending and debt service will consume all federal revenue.

The CEO highlighted BlackRock’s Bitcoin ETF success, with IBIT growing to over $50 billion in assets under management in less than a year, generating net inflows of $37.4 billion in 2024 and over $40 billion since launch.

Fink also emphasized tokenization’s potential to revolutionize markets by enabling instant settlement, fractional ownership, and broader access to higher-yield investments.

3. Circle Prepares for IPO with JPMorgan and Citi

Circle Internet Financial, the issuer of USDC stablecoin, is moving forward with longtime plans to publicly list its shares, working with investment banks JPMorgan Chase and Citi on its IPO.

The company aims to publicly file paperwork for the offering in late April, marking its second attempt at listing after scrapping SPAC merger plans in late 2022 following the FTX collapse.

Circle’s flagship product, USDC, has a current market cap of around $60 billion, an all-time high. However, investors may question business diversification, as unaudited financial statements from the first half of 2023 showed interest income generated 99% of the firm’s revenue.

For its traditional IPO, Circle is seeking a $4 billion to $5 billion valuation, down from its 2022 peak of $9 billion.

4. Fourmeme Updates Platform with Enhanced Security and Trading Features

Fourmeme, a leading platform for launching memecoins on the BNB Chain, has unveiled a crucial update enhancing its ecosystem’s security, efficiency, and user experience.

Key improvements include token contract standardization (with addresses ending in “4444” for better verification), automatic liquidity addition for tokens moving to PancakeSwap V2, and burning of liquidity provider tokens to prevent manipulation.

The platform has also integrated TradingView for advanced technical analysis tools and addressed recent downtime issues by offering compensation to affected users.

These updates follow Fourmeme’s announcement of a $10 million ecosystem fund designed to support long-term growth of the MemeFi space through strategic funding, buybacks, and liquidity revenue optimization.

5. Coinbase Continues FOIA Lawsuit Against FDIC Despite Regulatory Shift

According to Crypto in America, U.S. cryptocurrency exchange Coinbase is still pursuing a Freedom of Information Act (FOIA) lawsuit against the Federal Deposit Insurance Corporation (FDIC), despite the regulator’s recent shift towards a more lenient stance on cryptocurrency.

NOON NEWS

1. Vitalik Buterin Wears Milady NFT Mask at ETHTaipei

On April 1st, Ethereum co-founder Vitalik Buterin appeared at the ETHTaipei event wearing a Milady series NFT style mask, attracting wide attention.

2. Kentucky Drops Lawsuit Against Coinbase Over Staking Services

Kentucky has officially dropped its lawsuit against Coinbase over the exchange’s crypto-staking services, according to a joint filing submitted on March 31.

The state’s Department of Financial Institutions dismissed the case without prejudice, following similar actions recently taken by Vermont and South Carolina, signaling a broader shift in regulatory sentiment.

Despite these legal victories, Coinbase faces scrutiny from the crypto community over its growing dominance in Ethereum staking, controlling over 3.84 million ETH across 120,000 validators (11.42% of all staked ETH), raising concerns about potential centralization risks.

Seven states, including California, New Jersey, Illinois, Washington, Alabama, Maryland, and Wisconsin, still have active cases pending against the crypto trading platform.

3. House Financial Services Chair: Trump Family Crypto Ventures Complicate Legislation

House Financial Services Committee Chair French Hill (R-AR) said that the personal cryptocurrency dealings of President Donald Trump and his family have made drafting legislation for the sector “more complicated,” specifically naming the president’s meme coin and stablecoin projects.

Since returning to power, Trump and his inner circle have rapidly expanded their crypto portfolios while simultaneously determining policies that directly impact those assets. Trump’s businesses have partnered with Crypto.com to offer crypto ETFs, and his sons recently launched their own Bitcoin mining venture.

The House Financial Services Committee is set to mark up its version of proposed stablecoin legislation, the STABLE Act, on Wednesday, with a market structure bill to follow. Democrat critics, including Sen. Elizabeth Warren, have denounced Trump-backed crypto projects as a “grift” and tied them to pending legislation.

4. SYN Protocol Launches Testnet for AI Computing

According to official sources, the blockchain-based AI computing protocol SYN has officially launched its testnet, allowing users to run nodes, train personal models, and track participation in the cluster.

5. Coinbase CEO Advocates for Legislation Allowing Stablecoin Interest

Coinbase CEO Brian Armstrong has called for legislation allowing stablecoin holders to earn interest on their digital currency.

Under the current structure, stablecoin issuers get all interest earned from reserve assets backing the stablecoin. Armstrong proposes enabling “on-chain interest” to function like an interest-bearing checking account, but this requires legislative changes to grant stablecoins the same exemptions from securities laws that checking accounts have.

Armstrong argues this would democratize access to market-rate yields (currently around 4.75% for Fed funds versus 0.41% for savings accounts), benefiting U.S. consumers facing 3% inflation while strengthening U.S. dollar hegemony.

The proposal has received mixed feedback, with some critics arguing that existing DeFi platforms already allow users to earn yield on their capital through various actions.

EVENING NEWS

1. Wintermute Reportedly Offloading Meme Coins

Market maker Wintermute is reportedly offloading meme coins from its wallet, sparking speculation about short-term memecoin sentiment shifts.

2. U.S. Government to Disclose Crypto Holdings on April 5

The U.S. Treasury and other federal agencies are expected to disclose their holdings of Bitcoin and other crypto assets on April 5, in accordance with President Trump’s recent executive order establishing a strategic Bitcoin reserve.

According to tracked data, the U.S. government currently holds approximately 198,012 bitcoins, worth about $16 billion. White House cryptocurrency affairs director David Sacks stated that the government has held about 400,000 bitcoins through civil and criminal asset forfeiture over the past decade, but sold about half, generating only $366 million in revenue.

3. Metaplanet Purchases Additional 696 Bitcoin

Metaplanet, regarded as a strategist in Japan, has reportedly purchased an additional 696 BTC, bringing its total Bitcoin holdings to 4,046.

The company had previously issued ordinary bonds worth 2 billion yen (approximately 19.8 billion KRW) to fund these additional Bitcoin purchases.

4. Global Debt Exceeds $300 Trillion

According to @bravosresearch monitoring, global debt has officially exceeded $300 trillion and continues to rise sharply.

High levels of debt may lead to inflation and currency devaluation, therefore assets like gold and Bitcoin might be viewed as crucial tools for hedging against such risks.

5. Bitcoin ETFs See Two Consecutive Months of Net Outflows

According to Matrixport’s analysis, Bitcoin ETFs have experienced net outflows for two consecutive months.

Although the year-to-date capital inflow remains positive ($1.05 billion), this is primarily due to a surge of $5.3 billion in January. Recently, Bitcoin ETF performance has been notably weak compared to safe-haven assets like gold, which continues to hit new historical highs.

Capital flow indicates that Bitcoin ETFs still heavily rely on favorable financing rates and arbitrage opportunities, rather than broad investor interest. With low speculative sentiment among retail investors, significant capital inflows into Bitcoin ETFs are unlikely to recover in the short term.

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〈CoinRank Crypto News Roundup: (4/01) | Strategy Buys $1.92B in BTC, Circle Plans IPO, Trump’s Crypto Businesses Complicate Legislation〉這篇文章最早發佈於《CoinRank》。

Welcome to the CoinRank Crypto News Roundup. CoinRank will provide daily important crypto news in this column series, allowing readers to quickly obtain the latest crucial updates from the cryptocurrency market.

MORNING NEWS

1. South Korea’s Crypto Users Reach 16.29 Million, Surpassing Stock Investors

As reported by SBS, by the end of February 2025, the total number of users on South Korea’s virtual asset trading platforms reached 16.29 million, accounting for about 32% of the national population and surpassing the number of stock investors (14.1 million).

It is worth noting that this data is based on the total number of account holders from South Korea’s five major trading platforms—Upbit, Bithumb, Coinone, Korbit, and Gopax. If the same person opens accounts on multiple exchanges, they will be counted multiple times.

2. Stablecoin Market Cap Reaches $233.45 Billion

On March 30th, according to DefiLlama data, the total market value of stablecoins on the entire network is reported to be $233.454 billion, an increase of 0.99% over the past week, with USDT accounting for 61.88% of the market share.

3. Citigroup Analyzes Three Scenarios for US Tariff Policy Impact

Citigroup analyzed three main scenarios of US tariff policy on April 2 and its market impact in its latest report:

• Only reciprocal tariffs are announced: market response is limited.

• Reciprocal tariff plus value-added tax (VAT): The US dollar index may immediately rise by 50-100 basis points, and global stock markets may fall.

• In addition to reciprocity tariffs and value-added taxes, new industry tariffs: the market response may be more severe.

The report noted that after the S&P 500 experienced its worst first quarter since 2020, analysts warned that the possibility of subsequent declines is greater than gains. The market response on April 2 will largely depend on the timing of tariff implementation and the speed of other countries’ responses.

4. Crypto Trading Volume Shrinks 70% from Post-Election Peak

The trading volume of the cryptocurrency market, which surged right after the U.S. presidential election, is rapidly shrinking. According to The Block, daily trading volume of major virtual asset exchanges has recently decreased to about $35 billion, a sharp 70% drop compared to the peak of about $126 billion on November 5, right after President Trump’s election.

The market capitalization of virtual assets has also shrunk by about 25% from its peak of about $3.9 trillion to the recent level of $2.9 trillion.

Analysts suggest that investors’ wait-and-see attitude has become more pronounced due to overlapping macroeconomic uncertainties, such as recent U.S. tariff policies. Market experts interpret the current phase as an accumulation phase rather than a simple trading slowdown.

5. Uniswap’s Quarterly Trading Volume Hits Record High

According to Token Terminal data, Uniswap’s quarterly trading volume hit a record high in the fourth quarter of 2024, reaching $235.9 billion.

NOON NEWS

1. ABCDE Co-founder: 95% of Crypto Market Time is Bear Market

Co-founder of ABCDE, BMAN, stated on the X platform that 95% of the time in the crypto market is a Bear Market, while 5% of the time is a bull run. The pulsing bull run during the 5% of the time determines your profits.

“For so many years, the secret of Crypto has been ‘don’t leave the table.’ It sounds simple, but it is a test of resilience, patience, vision, cohesion, and strategic focus for individuals and businesses. The strong never complain about the environment; we salute those who have persisted on the front lines.”

2. Dormant Ethereum Address Activated After 9.7 Years

According to Whale Alert monitoring, a dormant pre-mined address containing 2,000 ETH was activated after 9.7 years, worth approximately $3.68 million.

3. Four.Meme Suspends LP on PancakeSwap After $200K Exploit

Four.Meme, a memecoin launchpad on the BNB Chain, has suspended its Liquidity Provider (LP) on PancakeSwap after detecting a malicious exploit targeting its system.

The team confirmed the attack on February 11 and assured users that steps were being taken to resolve the issue. Despite the attack, Four.Meme emphasized that its internal funds remain secure.

Web3 security firm CertiK revealed that the attacker leveraged vulnerabilities in multiple unverified contracts to steal assets worth approximately $200,000. Security firm PeckShield estimated the loss at around 287 BNB (approximately $183,000).

SlowMist identified liquidity manipulation as the primary attack method, noting that the exploit involved a malicious actor front-running the token launch by creating a pool on PancakeSwap V3. This allowed the attacker to set an artificial price for the token before its migration, then siphon assets when the official launch occurred.

4. Wayfinder Postpones Token Generation Event

AI full-chain tool Wayfinder announced via Twitter that its Token Generation Event (TGE) will be postponed by 1 to 2 weeks. The reason is that the required time is longer than expected, and the team needs to integrate necessary project components.

5. PumpBTC Launches Airdrop Check Page

According to official sources, the Bitcoin re-staking protocol PumpBTC has launched an airdrop check page. Users can submit their trading platform UID and address to receive tokens after the TGE.

The project team stated that Pump Points will continue to be used for future rewards.

PumpBTC recently completed a $10 million seed round financing, led by SevenX Ventures and Mirana Ventures, with participation from UTXO, Mantle Ecosystem Fund, Arcane Group, and others. The platform is Babylon’s liquid staking solution, aiming to help BTC holders maximize returns through Babylon’s staking.

EVENING NEWS

1. Michael Saylor Hints at Further Bitcoin Acquisitions as Strategy Crosses 500,000 BTC

Michael Saylor, Executive Chairman of Strategy, has hinted at an impending Bitcoin acquisition following a recent purchase that pushed the company’s total holdings beyond 500,000 BTC.

On March 30, Saylor shared Strategy’s Bitcoin portfolio tracker on X with the caption, “Needs even more Orange,” suggesting the company remains committed to expanding its Bitcoin reserves.

On Monday, Strategy announced that it had added 6,911 BTC, worth approximately $584 million, to its holdings at an average price of $84,529 per Bitcoin. With this latest acquisition, the Nasdaq-listed company has increased its Bitcoin holdings to 506,137 BTC, valued at over $42 billion at current market prices.

Strategy acquired its Bitcoin at an average price of $66,608 per BTC, with total costs amounting to approximately $33.7 billion. Despite recent price fluctuations, the company still holds $8.3 billion in unrealized gains.

On March 21, Strategy also announced the pricing of its 10.00% Series A Perpetual Strife Preferred Stock (STRF) offering, increasing it from $500 million to $722.5 million to raise approximately $711 million in net proceeds for further Bitcoin acquisitions.

2. Japan Plans to Classify Crypto as Financial Products

Japan’s Financial Services Agency (FSA) plans to revise the Financial Instruments and Exchange Act to give crypto assets a legal status as financial products, the Nikkei business daily reported on Sunday, without citing sources.

As part of the move, crypto assets will be put under insider trading restrictions that prohibit buying and selling based on undisclosed internal information.

The FSA will submit a bill to parliament as early as 2026 to amend the Financial Instruments and Exchange Act.

3. Exchanges See Net Bitcoin Inflow of 1,740.96 BTC in 24 Hours

Centralized exchanges saw a net inflow of 1,740.96 BTC in the past 24 hours.

4. Sign to Update Token Generation Event Information

Token distribution chain infrastructure Sign posted on the X platform that it will update the token generation event (TGE) information within 48 hours.

5. Bitcoin Volatility Decreases to 3.47%

Bitcoin’s volatility has decreased to 3.47%, signaling a notable change in the cryptocurrency market. This decline implies a phase of relative stability, which can be both advantageous and challenging for investors.

The reduced volatility suggests fewer price swings, which may appeal to risk-averse investors looking for a more predictable investment landscape. However, it also means that the potential for quick gains or losses has lessened.

This stability can be attributed to several factors, including increased institutional investment, regulatory clarity, and growing acceptance of Bitcoin as a legitimate asset class.

Despite the reduced volatility, investors must remain cautious about inherent risks. The cryptocurrency market is still relatively young and subject to sudden shifts in sentiment, regulatory changes, and technological advancements. Economic indicators such as interest rate changes and geopolitical events can still impact Bitcoin’s price.

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〈CoinRank Crypto News Roundup: (3/30) | South Korean Crypto Users Surpass Stock Investors, Strategy Eyes More BTC, Japan to Classify Crypto as Financial Products〉這篇文章最早發佈於《CoinRank》。

Welcome to the CoinRank Crypto News Roundup. CoinRank will provide daily important crypto news in this column series, allowing readers to quickly obtain the latest crucial updates from the cryptocurrency market.

MORNING NEWS

1. Strategy Launches STRF Preferred Stock to Finance Bitcoin Purchases

Strategy, the world’s largest corporate Bitcoin holder, announced the launch of STRF (Strife), a new perpetual preferred stock offering for institutional and select retail investors. The company plans to offer 5 million shares with a 10% annual fixed dividend rate to raise funds for Bitcoin purchases. Strategy also reported purchasing 130 Bitcoin at an average price of $82,981, bringing its total holdings to 499,226 BTC (over 2% of Bitcoin’s entire supply), valued at approximately $41.6 billion.

2. Nasdaq Files for 21Shares Polkadot ETF

Nasdaq officially submitted a 19b-4 filing to the SEC, requesting permission to list and trade shares of 21Shares’ Polkadot (DOT) exchange-traded fund. The proposed ETF would track the spot price of DOT, Polkadot’s native cryptocurrency. This filing follows 21Shares’ earlier amended S-1 form and represents another step in the company’s efforts to expand crypto investment products. Grayscale Investments has also filed to launch a Polkadot ETF, signaling broader interest in the asset.

3. Blockchain Fintech Halliday Raises $20M in Series A Funding

Halliday, a startup helping financial institutions automate services using blockchain and AI technology, has completed a $20 million Series A funding round led by Andreessen Horowitz (a16z), with participation from Blizzard Fund, Credibly Neutral, SV Angel, and other investors. The company works with chartered banks and payment service providers interested in blockchain technology, simplifying financial workflow design and accelerating their entry into the field.

4. EOS Network Announces Rebrand to Vaulta, Focusing on Web3 Banking

EOS Network announced it will rebrand to Vaulta, aligning with a strategic shift toward Web3 banking. The transition, scheduled for late May 2025, will include a token swap and the creation of a Banking Advisory Council composed of banking and Web3 experts. Vaulta aims to revolutionize financial services by acting as a scalable operating system for real-world financial applications, connecting traditional banking with blockchain technology. The platform will focus on four pillars: Wealth Management, Consumer Payments, Portfolio Management, and Insurance.

5. Raydium Launches LaunchLab as Direct Competitor to Pump.fun

Solana DEX and automated market maker Raydium is launching LaunchLab, a token launchpad that initially resembles a direct fork of pump.fun. This move comes less than a month after pump.fun announced plans to develop its own AMM. LaunchLab will offer linear, exponential, and logarithmic bonding curves, support multiple quote tokens beyond SOL, and integrate with Raydium’s liquidity provider locker. Anonymous Raydium contributor Infra stated that LaunchLab is “an alternative for teams who don’t want to develop their own programs from scratch” rather than a pump.fun replacement.

NOON NEWS

1. Dubai Launches Tokenisation Regulatory Sandbox for Digital Finance Innovation

The Dubai Financial Services Authority (DFSA) has introduced the Tokenisation Regulatory Sandbox, providing a controlled environment for companies to test and develop tokenised investment products. Open for submissions from March 17 to April 24, 2025, the sandbox offers clear regulatory guidelines that enhance investor trust while allowing firms to refine products before full market entry. The initiative supports tokenised financial products including equities, bonds, and investment fund units, positioning Dubai as a global leader in digital finance innovation.

2. Nova Energy Gets Approval for Natural Gas-Powered Crypto Mining Center

Nova Energy has obtained permission to build a natural gas-powered cryptocurrency mining data center in Frenchcreek, Pennsylvania. The permit is based on the approval of three lean-burn natural gas engines that will provide power for cryptocurrency mining. According to a 2023 UN study, natural gas is the energy source for 21% of global Bitcoin mining operations, second only to coal (45%).

3. Bitcoin Spot ETFs See $209 Million Net Inflow on March 18th

According to SoSoValue data, the total net inflow of Bitcoin spot ETFs reached $209 million on March 18. BlackRock’s IBIT led with a net inflow of $218 million, bringing its historical total to $39.497 billion. Ark Invest and 21Shares’ ARKB had the highest net outflow of $9 million. The total net asset value of Bitcoin spot ETFs now stands at $91.974 billion, representing 5.65% of Bitcoin’s total market cap, with historical cumulative net inflows reaching $35.788 billion.

4. North Carolina Introduces Bitcoin Reserve and Investment Act

North Carolina has introduced the Bitcoin Reserve and Investment Act (SB327), allowing the state to allocate up to 10% of its public funds ($9.5 billion) into Bitcoin. The legislation implements robust security protocols, including multi-signature cold storage and monthly audits, while establishing strict conditions for selling Bitcoin assets. The bill aims to position North Carolina as a leader in digital finance, potentially inspiring other states to adopt similar investment strategies despite market volatility and regulatory challenges.

5. Binance Completes BinaryX Token Swap to Four (FORM)

According to an official announcement, Binance has completed the token swap and brand upgrade of BinaryX (BNX) to Four (FORM). The exchange has opened deposits for the new FORM token, with withdrawals set to begin at 17:00 (UTC+8) on March 19, 2025. Binance will launch FORM/USDT spot trading at 16:00 (UTC+8) on the same day.

EVENING NEWS

1. Mubarak Token Surges 28% After CZ Changes Profile Picture

The token $mubarak briefly rose by 28% after Binance founder Changpeng Zhao (CZ) changed his X account avatar to a photo of himself in traditional Arabic clothing. The token’s market value reached $170 million, maintaining its leading market position. The top address holder saw floating profits increase to $2.3 million, representing a 3,189x return. This address, reportedly held by @fanqiege168, transferred remaining positions to address 0xC0b…39daf the previous day and has not yet sold.

2. Meteora Launches Rising Incubator for Crypto Projects

Meteora has introduced the Meteora Rising Incubator, designed to support innovative projects within the crypto ecosystem. The incubator emphasizes equitable project launches and community alignment, aiming to counteract the trend of zero-sum launches common in the industry. By offering comprehensive tools for launchpads, Meteora seeks to foster projects ranging from DeFi tools to blockchain infrastructure solutions, highlighting its commitment to promoting sustainable innovation in the cryptocurrency space.

3. Binance Founder CZ Changes X Profile Picture to Arabic Attire

Binance founder Changpeng Zhao (CZ) has changed his X (formerly Twitter) profile picture to a photo of himself wearing traditional Arabic clothing.

4. Ethereum Launches Hoodi Testnet for Pectra Upgrade Testing

Ethereum core developer Tim Beiko announced the launch of the new Hoodi testnet, aimed at completing testing for the upcoming Pectra upgrade. The Pectra upgrade will be launched on the Hoodi testnet next Wednesday. Meanwhile, the Holesky testnet will continue to be maintained until September and remains usable for most testing purposes, though it does not support validator exit testing.

5. Gold Reaches New Record High Ahead of Fed Decision

Gold prices touched a record level of $3,045.24 per ounce before stabilizing at $3,034.12 as investors awaited the U.S. Federal Reserve’s interest rate decision. The precious metal has climbed over 15% this year due to safe-haven demand, inflation concerns amid new U.S. tariffs, and ongoing geopolitical tensions in Ukraine and Gaza. Traders expect the Fed to hold its benchmark rate this month, with cuts likely to resume in June, which would make the non-yielding asset more attractive.

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〈CoinRank Crypto News Roundup: (3/19) | Strategy Buys More BTC, Polkadot ETF Filing, EOS Rebrands to Vaulta〉這篇文章最早發佈於《CoinRank》。