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Fidelity Investments to Launch Own Stablecoin, Entering Tokenized US Treasuries Market

Coins Legend March 26, 2025 0

Fidelity Investments is reportedly planning to launch its own stablecoin, marking its entry into tokenized U.S. Treasuries. Changing Environment Under Trump Administration Fidelity Investments, the Boston-based $5 trillion asset management firm, is reportedly planning to launch its own

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Hyperliquid’s Emergency JELLY Delisting Saves $240M but Sparks Centralization Backlash

Coins Legend March 26, 2025 0

Hyperliquid, a decentralized exchange (DEX) platform, delisted the JELLY token on March 26, 2025, following suspected market manipulation that triggered a $10.63 million loss, prompting emergency intervention by its validator network. Hyperliquid Delists JELLY Amid Suspected Market Manipulation Hyperliquid, a decentralized exchange (DEX) protocol operating on its

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From Bitcoin to AI: Crusoe Energy Sells Mining Arm to NYDIG 

Coins Legend March 26, 2025 0

Crusoe Energy has sold its bitcoin mining operations to NYDIG to prioritize artificial intelligence (AI) infrastructure development, the companies announced March 25. NYDIG Expands Bitcoin Mining Footprint with Crusoe Acquisition Reports disclose that the transaction includes over 425 modular data centers across the U.S. and Argentina, capable of generating 270 megawatts

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Canaan’s Mining Revenue Surges 312% As BTC Holdings Reach 1,292 BTC

Coins Legend March 26, 2025 0

Canaan Inc. reported $269.3 million in revenue for 2024, with bitcoin mining revenue surging 312% year-over-year to $44 million. The company also expanded its North American mining footprint, securing new agreements in Pennsylvania and Texas to add 4.7 EH/s of computing power. Canaan Reports $269M in Revenue Canaan Inc., a crypto mining hardware manufacturer, has […]

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Peter Brandt Flags XRP Danger Zone With Breakdown Signal Flashing

Coins Legend March 26, 2025 0

Veteran trader Peter Brandt warns XRP may plunge to $1.07, citing a textbook head and shoulders pattern forming as price battles key support near $1.90. Peter Brandt Identifies Classic Reversal in XRP as Tensions Build at Key Level Veteran trader Peter Brandt offered his updated analysis on XRP Wednesday, outlining a bearish outlook based on […]

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Bitcoin Pulls Back Slightly as Whales Buy the Dip

Coins Legend March 26, 2025 0

Blockchain analysis firm Glassnode says large investors are stacking sats while smaller holders keep selling. Bitcoin Retreats Briefly While Large Investors Accumulate According to Glassnode, large investors have grown their bitcoin ( BTC) holdings by more than 129,000 BTC since March 11, even though the leading digital asset is experiencing a slight decline in its […]

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Nigerian Oil Marketers Denounce Oil De-Dollarization Policy

Coins Legend March 26, 2025 0

Olufemi Adewole, Executive Secretary of DAPPMAN, warns that Nigeria’s Naira-for-crude oil transaction framework could destabilize foreign exchange (FX), deter foreign direct investment (FDI), and worsen economic challenges. He highlights the volatility of the Naira and stresses that crude oil transactions traditionally rely on the U.S. dollar for stability and global

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DeFi Platform Abracadabra Hit by Hack, Offers Reward for Return

Coins Legend March 26, 2025 0

Abracadabra Finance confirmed a hack of its GM cauldrons products, resulting in a loss of 13 million MIM stablecoins. Reward Offered to Hackers for Return of Stolen Funds The decentralized lending platform Abracadabra Finance confirmed on March 26 that its GM cauldrons suite of products was hacked, resulting in the loss of 13 million MIM […]

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Meme Index ICO Enters Final 5 Days with $4M+ Raise – Next Meme Coin to Explode?

Coins Legend March 26, 2025 0

This content is provided by a sponsor. The meme coin market is chaotic, fun, and wildly unpredictable. But with just five days left in its ICO phase, Meme Index (MEMEX) aims to bring some structure to the madness. Could this be the simplest way to invest in meme coins without gambling on which one goes […]

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Bitcoin ETFs Continue Upward Trend With 8th Day of Successive Inflows

Coins Legend March 26, 2025 0

Bitcoin ETFs recorded an eighth consecutive day of inflows totaling $27 million, led by Blackrock’s IBIT, while ether ETFs resumed outflows, losing $3 million. Bitcoin ETFs Achieve Eighth Consecutive Day of Inflows With $27 Million Addition Investor enthusiasm for bitcoin ETFs remained strong on Tuesday, March 25, with an additional funds inflow of $26.83 million, […]