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Although the US stock market had been struggling for most of the year, things took a turn with the Dow (DJI) dropping a remarkable 1,400 points as the market’s nosedive followed US President Donald Trump’s ‘Liberation Day’ tariff announcement Tuesday. The president announced that the country would be adopting a bevy of import taxes to balance international trade. Moreover, the move was always poised to have a massive impact on Wall Street and the economy. Indeed, the former is proving that correct, with a host of mega-cap stocks plummeting Wednesday. Source: Reuters / Brendan McDermid Also Read: Amazon (AMZN) Expands AI Push as Stock Eyes End to 8-Week Losing Streak US Stock Market Falls: Dow Plummets and S&P 500 Loses 4% Throughout the first three months of the year, the United States had seen many of its larger companies struggle. Some of the most prominent tech firms were unable to find their footing, with companies like Tesla (TSLA) and Amazon (AMZN) boa...

A prominent stablecoin depegged from the US dollar Wednesday morning after it was alleged that its Hong Kong-based issuer was bankrupt In a new thread on the social media platform X, crypto billionaire and Tron (TRX) founder Justin Sun urged his followers to “take immediate action” to protect any assets they held in FDUSD, a stablecoin managed by First Digital Trust (FDT). Sun also called for regulators to step in and take action to prevent further losses and save Hong Kong’s reputation as a financial power. “First Digital Trust (FDT) is effectively insolvent and unable to fulfill client fund redemptions. I strongly recommend that users take immediate action to secure their assets. There are significant loopholes in both the trust licensing process in Hong Kong and the internal risk management of its financial system. I urge regulators and law enforcement to take swift action to address these issues and prevent further major losses. Hong ...

Circle Internet Financial, the issuer of USD Coin (USDC), has filed for an initial public offering (IPO) amid analyst concerns over the company’s profitability. The firm  submitted an S-1 form to the Securities and Exchange Commission (SEC) yesterday, which, if approved, will see the company’s stock trade on the New York Stock Exchange under the symbol “CRCL.” Not USDC Issuer’s First Attempt To Go Public Circle , the issuer of the second-largest stablecoin by market capitalization,  has been trying to go public since 2021. Its first attempt was a SPAC merger, which failed because the company did not complete the SEC’s “qualification in time,” said CEO Jeremy Allaire. Reports at the time suggested that the SEC simply chose to not sign off on Circle’s plans, but the company denies these claims. Circle then tried a different approach for its second attempt, filing a draft registration for an initial public offering wit...

According to crypto Analysis firm LookOnChain, a trader spent $2184 to buy 1.5 trillion Pepe (PEPE) in its early stage. The trader has sold 1.02 trillion coins for $6.66 million. The wallet still has 493 billion coins worth $3.64 million. In total, the trader made a profit of more than $10 million. When the frog-themed crypto was at its peak, the trader’s holdings were worth around $43 million. Also Read: De-Dollarization: Countries Look For Payments Without US Dollar A $PEPE OG sold 150B $PEPE($1.14M) again 5 hours ago. This OG spent only $2,184 to buy 1.5T $PEPE($43M at the peak) in the early stage. He sold 1.02T $PEPE for $6.66M, leaving 493B $PEPE($3.64M), with a total profit of $10.3M(4,718x).https://t.co/tyzLr10sGj pic.twitter.com/FD6fFpyqCi — Lookonchain (@lookonchain) March 29, 2025 PEPE Surges Amid Bearish Market Source: Techpoint Africa The crypto market has faced substantial resistance over the last two months. Bitcoin (BTC) hit an all-time high of $108,786 in Ja...

Aslam Brothers’ 3,000-Mile Cycling Journey to Mecca Fuels a Revolutionary Crypto Project In an unprecedented fusion of adventure, faith, and finance, the Aslam Brothers, widely known on TikTok for their inspiring journeys, are launching a memecoin unlike any before.  As they embark on a grueling 3,000-mile bicycle ride from the UK to Mecca, the brothers plan to document their journey to their millions of followers, creating what could be one of the most community-driven cryptocurrency projects to date. A TikTok-Powered Crypto Movement Memecoins and TikTok go hand in hand, with the platform notorious for catapulting coins to viral status. The Aslam Brothers, leveraging their influence, plan to push the project’s growth in sync with their cycling progress. Their approach is simple yet powerful: The closer they get to Mecca, the more they promote the project. The more traction the coin gains, the more funds they donate to charity. Tokenomics wit...

1. Pumpfun Accounts for 20% of Solana DEX Trading Volume on Friday, Reaching an All-time High link Pumpfun (bonding curve + PumpSwap AMM) accounted for 20% of Solana DEX trading volume yesterday, reaching a record high. In the past 30 days, non — Pumpfun Meme accounted for 33% of DEX trading volume, SOL — USD accounted for 27%, Pumpfun Meme accounted for 25%, and others accounted for 15%. Raydium once accounted for 70% of Pumpfun token trading volume, but currently PumpSwap accounts for over 60% of Pumpfun token trading volume. However, Raydium still holds a 90% market share in non — Pumpfun tokens. 2. Dogecoin Foundation’s New Business Unit Launches DOGE Reserve, with the First Purchase of 10 Million DOGE link The Dogecoin Foundation, through its newly established commercial division, has established the “Official Dogecoin Reserve” and purchased the first batch of 10 million DOGE (approximately $1.8 million) at the current market price. This initiative is part of the foundation’s co...

Crypto.com CEO Kris Marzalek said that the US Securities and Exchange Commission (SEC) has closed its investigation into the crypto exchange without imposing a penalty or taking any legal action. ”They used every tool available to attempt to stifle us, restricting access to banking, auditors, investors, and beyond,” he said in a March 27 X post . “It was a calculated attempt to put an end to the industry.”  Crypto.com Accuses The SEC Of A “Misguided” Approach To Digital Asset Regulation  The SEC’s decision to close its investigation into Crypto.com comes after the agency issued a Wells notice to the company in August that signaled its intention to take legal action against the crypto exchange. Crypto.com responded by filing a lawsuit against the SEC in October. In its filing, the exchange accused the then Gary Gensler-led agency of overstepping its authority and taking a “misguided” approach to crypto regulation. CRO...

A prolific blockchain security researcher and smart contract hack investigator going by the name Nick L. Franklin is suspected of involvement in October’s $50 million hack on Radiant Capital, carried out by the notorious North Korean hacking collective Lazarus Group. Fellow security researchers were alerted to suspicious behaviour by decentralized exchange 1inch’s Anton Bukov, and began digging into the messaging history of Franklin’s (now deleted) Telegram account. Beware of @0xNickLFranklin (https://t.co/YuHYAvEerT), he is very likely a scammer pretending to be a security engineer. He sent me an APP file as a report and erased our chat and banned me after I asked WTF. — Anton Bukov (e/acc) (@k06a) March 26, 2025 Read more: Radiant Capital’s $50M crypto hack underlines DeFi’s multisig dependence For well over a year, Franklin’s handle has been consistently active in crypto security-focused Telegram groups. In the wake of even small dollar-value hack...

The cryptocurrency market is always welcoming new innovations. That being said, Elon Musk is known for his ardent adoration for Dogecoin and has often been noted as starting how he may one day add Dogecoin to X, enabling a new world for the token to experience and encounter. Given the fact that Musk is already handling a leading governmental department. Can this development become an absolute reality one day? If yes, then how high can DOGE surge, banking on the aforementioned development? Let’s find out. Also Read: De-dollarization Gains Momentum: China and Russia’s Joint Push for a New Global Order Musk’s Potential Plans For X Source: PYMNTS.com Elon Musk has always cultivated grand plans for X, including making the platform a leading financial player in the domain. In a new interview snippet making rounds on the internet, Musk can be noted stating how he envisions X to become a global financial entity in the near future. “Essentially, if done right, X would serve people...

A cryptocurrency researcher has come forth with a bold and troubling claim — dubbing XRP the ‘biggest financial scam the world has ever seen’. The analyst in question, Aylo, an alpha please researcher, made the claim in a March 21 X post. At the time of the post, the XRP ledger’s 24-hour decentralized exchange (DEX) volume stood at just $44,036. In contrast, the total value locked (TVL) stood at $80.63 million, per data the researcher retrieved from DeFiLlama. I think XRP is the biggest financial scam the world has ever seen. There has never been something which has produced less value that has reached this market cap ($140B). The XRP ledger did $44k in volume in the last 24h, according to DefiLlama. Picks for you 4 whistleblowers rewarded in Binance insider trading investigation 23 mins ago ...

A new survey by the crypto data aggregator CoinGecko finds that less than 50% of investors are bullish on artificial intelligence (AI)-based digital assets. CoinGecko polled 2,632 anonymous crypto investors around the globe between February 20th and March 10th of this year to gain insights on the merger of cryptocurrencies and AI. Results show that 46.9% of crypto investors are either somewhat bullish or bullish on crypto AI products. The survey also reveals that 29% are neutral and the rest are either somewhat bearish or bearish on AI-based crypto assets. Source: CoinGecko On the prices of AI crypto tokens, 44.3% of participants said they were bullish, 29.3% were neutral and 26.3% were bearish. The survey found that the earlier an investor adopted crypto AI products, the more likely they are to be bullish toward them. “‘The ‘Early adopter’ and ‘Early majority’ groups were the most bullish, albeit by a slight margin, as well ...

Ripple (XRP) is busy forging new milestones. The token is at the center of mainstream activity with the long queue of the XRP ETFs waiting to seek approval from the US SEC. Apart from that, Ripple has always been known as one of the leading ambitious coins, charting its own price path with great precision and care. Now that the token is free from all the legal barriers, this is how high XRP can trade one year from now, per recent technical Analysis and markers. Also Read: How Much Bitcoin (BTC) Does North Korea Hold? Ripple: Where’s The Token Currently? Source: Bitcoin News XRP is currently trading at $2.46, up 3% in the last 24 hours. The token is aiming for a price above $3 as the primary target to ace first. Per Dark Defender, a notable cryptocurrency expert, XRP has the potential to ace even bigger price targets, ultimately hitting the ambitious $5 to $8 price marks in no time. “Hi all. Today, I want to share an update on the monthly structure we previously used, along with t...