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South Carolina explores Bitcoin reserve, drops Coinbase lawsuit

South Carolina explores Bitcoin reserve, drops Coinbase lawsuit

South Carolina has taken a significant step toward integrating digital assets into state-level financial strategy. On March 27, the state lawmakers introduced a new bill to create a Bitcoin reserve to safeguard public funds from inflation. At the same time, the state dropped its lawsuit against Coinbase over alleged securities violations tied to its staking […]

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French Blockchain Group Adds 580 BTC to its Reserves

French Blockchain Group Adds 580 BTC to its Reserves

French tech company The Blockchain Group has just made its biggest bitcoin purchase ever. The acquisition of 580 BTC, valued at around $50 million, was announced on March 26. This latest addition brings the company’s total bitcoin holdings to 620 BTC as it cements its position as a major corporate bitcoin investor. Since November 2024,

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South Carolina Bill Proposes Bitcoin as State Reserve Asset

South Carolina Bill Proposes Bitcoin as State Reserve Asset

Bitcoin might soon be part of South Carolina’s balance sheet. Introduced by state Rep. Jordan Pace, the “Strategic Digital Assets Reserve Act,” proposes that the state treasurer be allowed to allocate up to 10% of certain public funds into digital assets—starting with Bitcoin. The House Bill 4256, or HB4256, seeks to authorize the state treasurer

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How To Measure The Success Of A Bitcoin Treasury Company

How To Measure The Success Of A Bitcoin Treasury Company

In the world of traditional finance, evaluating a company’s success usually means tracking revenue growth, earnings per share, or return on equity. But what happens when the core of a company’s strategy isn’t selling products or services, but accumulating Bitcoin? That’s the question facing a new class of Bitcoin treasury companies. These are publicly traded

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NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trend

NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trend

Sales of non-fungible tokens (NFTs) dropped sharply in the first quarter of 2025, plunging 63% year-over-year. Still, a few standout collections defied the downturn and posted gains. NFTs recorded $1.5 billion in total sales from January to March 2025, down from $4.1 billion during the same period in 2024, according to data from aggregator CryptoSlam.

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Crypto Price Analysis March-28: ETH, XRP, ADA, BNB, and TON

Crypto Price Analysis March-28: ETH, XRP, ADA, BNB, and TON

This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Toncoin in greater detail. Ethereum (ETH) At the start of this week, Ethereum had a good attempt at a relief rally, but the bullish momentum soon stopped when the price reached $2,000. Sellers returned there and pushed ETH into a pullback, closing with a 3%

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CPIC Investment Management Launches Hong Kong’s First Tokenized USD Money Market Fund

CPIC Investment Management Launches Hong Kong’s First Tokenized USD Money Market Fund

CPIC Investment Management (Hong Kong) (CPICIMHK), the investment management subsidiary of China Pacific Insurance Group (CPIC), has launched its CPIC Estable MMF, the first tokenized USD money market fund under Hong Kong’s Securities and Futures Commission (SFC) regulated fund structure framework. CPICIMHK is regulated by a number of relevant entities under the laws of Hong

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Bitcoin Short-Term Holder Capitulation Nears End As Realized Losses Drop Tenfold On Exchanges

Bitcoin Short-Term Holder Capitulation Nears End As Realized Losses Drop Tenfold On Exchanges

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is trading below the key $90,000 level after failing to break above crucial supply and losing its grip on important demand zones. The recent bullish speculation has quickly faded as selling pressure returns, sparking a wave of panic across the market.

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Bitcoin faces US market correlated pressure as 2025 trade deficit hits record 1 billion

Bitcoin faces US market correlated pressure as 2025 trade deficit hits record $301 billion

The US has recorded an unprecedented two-month goods trade deficit totaling $301 billion amid corporate efforts to front-run anticipated tariffs, according to an analysis by the financial commentary outlet The Kobeissi Letter. The trade imbalance reached historic levels in January and February, with monthly deficits of $153.3 billion and $147.9 billion, respectively, far surpassing the

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Upbit Operator Dunamu Triples Dividends Following Profit Surge

Upbit Operator Dunamu Triples Dividends Following Profit Surge

Dunamu, the parent company of South Korea’s largest cryptocurrency exchange Upbit, has announced a threefold increase in cash dividends to common shareholders following a sharp rise in annual profits. During its annual shareholder meeting on Friday, the company approved a dividend of 8,777 Korean won ($5.99) per common share for 2024, up from 2,937 won

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