Hyperliquid ups margin requirements after $4 million liquidation loss

Hyperliquid, a blockchain network specializing in trading, has increased margin requirements for traders after its liquidity pool lost millions of dollars during a massive Ether (ETH) liquidation, the network said.  On March 12, a trader intentionally liquidated a roughly $200 million Ether long position, causing Hyperliquid’s liquidity pool, HLP, to lose $4 million, unwinding the … Read more

Senate Banking Committee advances GENIUS stablecoin bill

The United States Senate Banking Committee elected to advance the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in an 18-6 vote. None of the amendments proposed by Senator Elizabeth Warren made it into the bill, including her proposal to limit stablecoin issuance to banking institutions. “Without changes, this bill will supercharge the … Read more

Circle plans to bring $900M money market fund under DABA license

Circle, the creator of stablecoin USDC (USDC), announced on March 13 plans to bring its Hashnote Tokenized Money Market Fund (TMMF) under Bermuda regulatory oversight through the company’s existing Digital Assets Business Act (DABA) license. Hashnote, which Circle acquired in January 2025, is the issuer of USDY, the largest tokenized treasury and money market fund with … Read more

MoonPay acquires API stablecoin infrastructure platform Iron

Cryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount.  According to a March 13 announcement, the acquisition will give MoonPay’s enterprise customers the ability to accept stablecoin payments instantly and at a low cost. Iron’s integration also … Read more

ETH falling by 20% may trigger $336M in DeFi liquidations — Web3 exec

If the price of Ether (ETH) falls by a further 20%, the price decline could trigger a cascade of up to $336 million in decentralized finance (DeFi) liquidations, according to Kevin Rusher, founder of the real-world asset (RWA) lending platform RAAC. The executive warned that a decline to $1,857 would trigger $136 million in liquidations, … Read more

Bitcoin price drops 2% as falling inflation boosts US trade war fears

Bitcoin (BTC) shrugged off gains at the March 13 Wall Street open as US inflation markers continued to fall. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView https://www.effectiveratecpm.com/b5akg5kt2u?key=24aabe8903bd55337032975b1b989564 Good news is bad news? Bitcoin follows stocks lower Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $81,500, down 2.3% on the day. The February print of the … Read more

Low Fees Are A Symptom Of Deeper Problems

https://www.effectiveratecpm.com/b5akg5kt2u?key=24aabe8903bd55337032975b1b989564 People tend to celebrate periods of low feerates. It’s time to clean house, consolidate any UTXOs you need to, open or close any Lightning channels you’ve been waiting on, and inscribe some stupid 8-bit jpeg into the blockchain. They’re perceived as a positive time.  They are not. We have seen explosive price appreciation the … Read more

Will Bitcoin price reclaim $95K before the end of March?

Bitcoin’s price was up 3% after constant drawdowns since the end of January. The top cryptocurrency managed to rebound above $80,000 after a brief decline below the range on March 11. Bitcoin weekly chart. Source: Cointelegraph/TradingView https://www.effectiveratecpm.com/b5akg5kt2u?key=24aabe8903bd55337032975b1b989564 After the US core Consumer Price Index (CPI) came in lower than expected at 3.1% on March 12, … Read more

USDC, USDt stablecoins are ‘store of value’ in Latin America — Bitso

Stablecoin adoption in Latin America is increasing as more users turn to Circle’s USDC and Tether’s USDT for financial stability, according to a new report from cryptocurrency exchange Bitso. The USDC (USDC) and USDt (USDT) stablecoins have become a “store of value” in Latin America, accounting for 39% of total purchases on Bitso in 2024, … Read more