Day: March 19, 2025

Memecoins are ded — But Solana ‘100x better’ despite revenue plunge

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Five years after the first Solana block was generated, the network is entering a new period of fear and uncertainty as the once-lucrative memecoin-casino starts to wind down. To be fair, the layer 1 blockchain has overcome bigger obstacles before, staging an incredible comeback from just $8 in the aftermath of the 2022 FTX collapse to a new all-time high above $294 in January this year. But the sudden evaporation of the memecoin market could pose a big challenge over the coming months — where are the activity and fees…

SEC to Drop Lawsuit Against Ripple, Confirms CEO Brad Garlinghouse

Ripple CEO Brad Garlinghouse announced on March 19, 2025, that the U.S. Securities and Exchange Commission has officially dropped its high-profile lawsuit against the blockchain company over XRP sales. Ripple Declares Victory as SEC Drops XRP Securities Case The SEC’s dismissal ends a four-year legal battle that began in December 2020 when regulators alleged Ripple […] Source CryptoX Portal

Bitcoin may recover to $90k amid easing inflation concerns after FOMC meeting

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Bitcoin may stage a recovery above the key $90,000 psychological mark amid easing monetary inflation concerns in the world’s largest economy. Bitcoin’s (BTC) over two-month downtrend has raised numerous alarms that the current Bitcoin bull cycle may be over, defying the theory of the four-year market cycle. Despite widespread investor concerns, Bitcoin may be on track to a recovery above $90,000 due to easing inflation concerns in the United States, according to Markus Thielen, the CEO of 10x Research. “We can see some counter-trend rally as prices are oversold, and…

Bitcoin Liquidity Crunch Deepens Amid Price Correction: Glassnode 

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Bitcoin’s market stability is fraying as liquidity contracts and investor caution intensifies, according to a new Glassnode report by researchers Cryptovizart and Ukuria OC. Glassnode Data Reveals Diverging Pain for Bitcoin Investor Cohorts Bitcoin’s market is grappling with a sustained liquidity contraction and muted investor activity, according to a March 18 Glassnode report authored by […] Original

XRP Turnaround Moment? Analyst Says It’s Lift-Off Time

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Sophisticated crypto address poisoning scams drain $1.2M in March

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Victims of address poisoning scams were tricked into willingly sending over $1.2 million worth of funds to scammers, showcasing the problematic rise of cryptocurrency phishing attacks. Address poisoning, or wallet poisoning scams, involves tricking victims into sending their digital assets to fraudulent addresses belonging to scammers.   Pig butchering schemes on Ethereum have cost the crypto industry over $1.2 million worth of funds in the nearly three weeks since the beginning of the month, wrote onchain security firm Cyvers in a March 19 X post: “Attackers send small transactions to victims,…

Czech central bank official skeptical on Bitcoin reserves amid legal, volatility concerns

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Bitcoin’s place in the Czech central bank’s reserves remains uncertain as a senior official flagged legal and volatility concerns. A debate over Bitcoin’s (BTC) place in Czech central bank reserves still lingers with board member Jan Kubicek voicing skepticism citing legal uncertainties and price swings. This comes even as the bank explores new asset classes, such as Bitcoin, as reported earlier this year by the FT. Jan Kubicek, a board member of the Czech National Bank, said on March 18 that while the bank is analyzing new asset classes he…

Ether Zooms 7% as Bitcoin Traders Watch $80K Support Ahead of FOMC

Ether (ETH) zoomed nearly 7% in the past 24 hours to lead gains among majors as traders await the results of the Federal Open Market Committee (FOMC) meeting on Wednesday. ETH’s gains were coupled with a 4% gain in memecoin dogecoin (DOGE), which historically tends to act correlated to the asset’s movements. Other Ethereum-based memecoins pepe (PEPE) and mog (MOG), rose more than 5% — continuing to act as levered bets. Elsewhere, majors XRP, BNB Chain’s BNB, Solana’s SOL and Cardano’s ADA rose 3%. Tron’s TRX dipped after a surge…

Cathie Wood Predicts $1.5 Million

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. In a fresh interview with Bloomberg, ARK Investment Management Founder and CEO Cathie Wood once again reaffirmed her ambitious price target for Bitcoin, predicting it could soar to $1.5…

BFI charity allocates $90M, pledges $200M for health, climate initiatives

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Blockchain For Impact (BFI), a charity established by Polygon co-founder Sandeep Nailwal, has committed $90 million to advance biomedical research, driving healthcare innovation, and enhancing climate resilience — a development that could spur blockchain’s adoption for charity initiatives. The Polygon co-founder’s BFI plans to allocate an additional $200 million to support the growth of healthcare startups, expand biomedical research, and strengthen the public health systems. BFI has backed several impactful projects in India’s healthcare sector, including Solar-Powered Public Health Centers (PHCs), a floating hospital in Assam to aid communities in…