Stablecoins
Earnings
Coinbase Q1 revenues up 40% YoY to $2 billion, while net income down
The decline in net profit is directly related with the crypto market downturn during the first quarter.
Legal
SEC files to settle lawsuit with Ripple, execs over civil penalty dispute
The SEC filing virtually concludes the long-standing legal battle with Ripple, although additional steps are required to ultimately extinguish the lawsuit.
Regulation
SEC’s crypto task force lead criticizes ETF approval process, highlights need for patience
The "Crypto Mom" also urged for patience from market participants as “a lot is going on” over the agency.
Legal
Former Celsius CEO Alex Mashinsky receives 12 years in prison over fraud scheme
The sentencing closes the federal prosecution chapter, but Mashinsky still faces bankruptcy and related civil litigation.
Legislation
GENIUS Act stalls in Senate, lawmakers eye new proposal next week
A 49-48 vote denied the motion to invoke cloture and consider the stablecoin regulation bill for approval.
Technology
Robinhood reportedly considering Solana, Arbitrum for new blockchain securities platform in Europe
The project allegedly consists of tokenizing US securities to streamline trading for retail investors in Europe.
Analysis
Bitcoin recovers but market still on edge with short-term holders near breakeven
Traders are watching closely to see whether Bitcoin can consolidate above key cost-basis levels and the Short-Term Holder realized price.
Banking
OCC reaffirms banks’ authority to offer crypto services without prior approval
The OCC reiterated a March 7 guidance, clearing banks to interact with crypto services without prior regulator approval.
Legislation
Congressman Torres proposes bill to ban federal officials from trading or owning crypto
The title "Stop Presidential Profiteering from Digital Assets Act" indicates that the bill aims to address President Donald Trump and his family's ventures in crypto.
Scams
ZachXBT reveals Coinbase users lost another $45M in a week to ongoing social engineering scams
The latest attacks add to a series of social engineering scams targeting Coinbase over the past year.
ETF
Defiance introduces ETFs with simultaneous long, short positions on Bitcoin, Ethereum and gold
The ETFs use derivatives and leverage to expose investors to price deviations between Bitcoin, Ethereum, and gold.
Analysis
Crypto VC funds struggle to capture money as startup fundraising rebounds in 2025
Crypto startups raised 61% of all 2024 capital in this year's first quarter, but VC funds are struggling to find more powder.
