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Investment manager VanEck has filed to establish a trust entity for the first BNB ETF (exchange-traded fund) in the US. Public records from the official Delaware state website show the firm registered the VanEck BNB ETF on March 31 under the filing number 10148820. Former Binance CEO Changpeng Zhao, aka CZ, shared the news in an X post earlier today.  VanEck BNB ETF First Of Its Kind In The US The formation of a trust is one of the first steps a company takes when in the process of launching an ETF. VanEck’s proposed BNB ETF now heads to the US Securities and Exchange Commission (SEC) for review. Should VanEck’s proposed BNB ETF receive the regulatory nod from the SEC, it will mark the first fund of its kind that tracks Binance Coin, which is the 5th largest crypto by market cap, in the US.  It is, however, not the first BNB-related product. 21Shares has already launched its Binance BNB ETP outside of the US.  BNB’s price underwent a 24-hour ret...

Author | WuBlockchain According to RootData statistics, 74 publicly disclosed crypto VC investment projects were recorded in March 2025, marking a 28.8% decrease month-over-month (104 projects in February 2025) and a 61.3% decrease year-over-year (191 projects in March 2024). Note: Since not all fundraising rounds are announced within the same month, these figures may be updated in the future. Breakdown of Investment by Sector (March 2025): CeFi: 14.9% DeFi: 27% NFT/GameFi: 12.2% L1/L2: 8.1% RWA/DePIN: 14.9% Tool/Wallet: 6.8% AI: 14.9% March 2025 saw $2.883 billion in total funding, representing a 198.1% month-over-month increase (compared to $967 million in February 2025) and a 153.1% year-over-year increase (compared to $1.139 billion in March 2024). Among the top 10 largest funding rounds, 7 were centralized platforms (exchanges or payment platforms): Abu Dhabi MGX invested $2 billion in Binance on March 12, acquiring a minority stake. This transaction, the largest-ever crypto inves...

According to Michael Saylor’s latest announcement, the world’s largest bitcoin holding company now owns 528,185 BTC. That is more than 2.6% of bitcoin’s circulating supply. Personally, Saylor also owns at least 17,000 additional bitcoin. Combined, therefore, he and the company he founded own over 2.7% of bitcoin’s $1.6 trillion market capitalization. MicroStrategy, doing business as Strategy, is a highly leveraged speculator on bitcoin’s price. Strategy currently owes $8.2 billion in US dollar-denominated debts. In addition, Strategy has dividend obligations to two preferred series of shareholders, STRK and STRF. Michael Saylor’s Strategy makes up metrics to explain MSTR dilution Read more: Michael Saylor suggests selling kidneys as bitcoin dips below $80K Blessed with an avid fan base of investors who think that the bitcoin-acquiring company is worth more than the bitcoin it has acquired, its MSTR common shares trade at a curious premium to the assets that back ...

The cryptocurrency market has failed to live up to expectations throughout the year so far. Although favorable regulation in a host of markets is expected, prices have not followed the optimism. However, even with Ripple falling below $2.20 to end the week, experts still appear bullish on XRP for notable reasons. Ripple made headlines this month when the US Securities and Exchange Commission (SEC) decided to drop its years-long legal battle with the crypto firm. Indeed, there are many who are expecting the asset to surge in value, but the big question is: when will that increase take place? Source: Watcher Guru Also Read: Ripple: How High Will XRP Surge In April 2025? Ripple Falls Below $2.20 This Week: Are Big Things Still Ahead for XRP? There is no denying that 2025 was set to be a massive year for XRP. The token was set to be propelled by the recent end to its ongoing SEC lawsuit. Moreover, its price was going to be greatly affected by both the market and its own merit. That would b...

The OG meme cryptocurrency, Dogecoin (DOGE), was one of the very first assets to enter the market. The meme coin was rolled out as a joke but managed to catch the eye of the globe. Launched in 2014, DOGE has always been in the headlines for several reasons. From endorsements from Elon Musk to its recent rally, DOGE has been the talk of the town. While the asset is in a price rut right now, an investment made back in the day could have been life changing. Also Read: Putin’s “Temporary Admin” Plan for Ukraine Could Shift Europe’s Oil and Gas Flow How Is Dogecoin Faring Today? Source: Watcher Guru At the time of writing, DOGE was trading at $0.1830. This comes after a 6.79% throughout the past 24 hours. Just earlier today, the meme coin was priced at a high of $0.1976. It should be noted that Dogecoin surged by 8.31% during this week. But it failed to maintain this uptrend. Source: CoinMarketCap Despite its current downtrend, DOGE has recorded a notable uptick throughout the years. The as...

Taproot Wizards, one of the highly anticipated non-fungible token mints, has finally gone live after more than two years of incubation. The much-awaited NFT collection began trading this Tuesday. In its whitelist phase, the Taproot Wizard NFT team has successfully sold more than 90% of their NFTs, with only 80 digital items left for the public auction. The public auction for the remaining NFTs will start Today, March 27, 2025. TAPROOT WIZARDS DUTCH AUCTION starting time: Thursday, March 27, 11:00am ET starting price: 0.420 BTC (about 260 SOL) price decreases 0.01 BTC (about 6.25 SOL) every 3 minutes the last 80 wizards will be auctioned! you can mint them with your @phantom wallet and SOL! READ ALL… pic.twitter.com/wdGowPX3JR — Taproot Wizards (@TaprootWizards) March 26, 2025 What Is Taproot Wizards? Taproot Wizards is a digital asset incubation studio renowned for creating the Quantum Cats, one of the largest Ordinals collections by market capitalization. Launched...

An apparent multi-million dollar trade gone wrong on the Hyperliquid derivatives exchange saw a JELLYJELLY memecoin trader lose millions, gain it all back, and then give it all away again. Onlookers to the topsy-turvy David v Goliath battle with the exchange’s liquidity provider were enthralled as the trader opened a leveraged position and removed liquidity from its own account in order to increase its leverage ratio even higher. With margin reaching nose-bleeding territory, even the smallest fluctuation in price would force a liquidation. It duly did. With a slight wick in price, the trader’s memecoin transferred to an experienced Hyperliquid market-maker, a so-called Hyperliquidity Provider (HLP) . Seemingly down millions of dollars, the trader then executed the next leg of the trade. Knowing that JELLYJELLY was a particularly small and thinly traded memecoin, and armed with the ability to arbitrage its price cross-exchange via a newly-announced 25X perpetuals ...

Solana (SOL) is green on the day on reports that BlackRock is moving its blockchain-based money market fund onto the Ethereum (ETH) competitor’s network. Fortune reports that the world’s largest asset manager is adding its $1.7 billion BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to the Solana blockchain. Solana is trading for $145 at time of writing, up nearly 19% in the last week. Launched a year ago, BUIDL uses traditional money market funds, which investors use to store cash in the near term and earn yield on it, combined with blockchain payment properties. Solana is now the seventh blockchain compatible with the tokenized money market fund BUIDL, after its initial launch on Ethereum. BlackRock’s technology partner, Securitize, says the fund is expected to exceed $2 billion in cash and Treasury bills by early April. Says Michael Sonnenshein, COO at Securitize, “We’re making [money market funds] unboring. We are a...

With an influx of geopolitical concern and economic uncertainty, a host of markets have failed to live up to high hopes entering the year. Yet that is beginning to turn around today. Among the resurgent assets is Bitcoin, which has climbed back to the $88,000 mark and has many pondering why the leading crypto is up so much today. The digital asset sector isn’t alone in its increase, as the US stock market is also up. Indeed, Tesla (TSLA), which has fallen for nine consecutive weeks, is up almost 10% on this Monday. The turnaround seems to have propelled BTC, as this could be the start of a notable run for a host of industries. Source: Watcher Guru Also Read: Will Swiss Bank Buy Bitcoin? Bitcoin Climbs to $88,000 as Leading Crypto Eyes Surge to End March At the start of 2025, the cryptocurrency market had boasted immense potential. US President Donald Trump was set to return to the White House, and he was poised to bring his pro-crypto attitude with him. Although that has manifeste...

While a major portion of leading investment banks are eyeing cryptocurrency investments, will Switzerland’s Central Bank follow suit? The Vice President of Swiss Bank, Martin Schlegel was asked if the institution plans to keep Bitcoin in its reserves. The question comes after US President Donald Trump showed interest this year in diversifying the reserves with leading cryptocurrencies. The mounting international attention towards BTC is making larger financial institutions take note of the broader cryptocurrency market. Also Read: How Much Bitcoin (BTC) Does North Korea Hold? Bitcoin: Will the Swiss Bank Start Buying BTC? Source: Reuters During an interview with Bloomberg Television, Schlegel confirmed that Swiss Bank has no plans of acquiring Bitcoin. “We do not have plans to buy crypto assets,” he said emphasizing that the institution is focused only on fiat. Schlegel stressed that digital assets have no monetary policies and only run on software that can be subject...

The US Office of Foreign Assets Control has removed the crypto mixer Tornado Cash from its sanctions list today.  The US Treasury Department claims it removed the Tornado Cash sanctions after reviewing “novel legal and policy issues” that were raised in response to sanctioning financial activity “occurring within evolving technology and legal environments.” The Treasury claims to, “remain deeply concerned about the significant state-sponsored hacking and money laundering campaign aimed at stealing, acquiring, and deploying digital assets for the Democratic People’s Republic of Korea (DPRK) and the Kim regime.” OFAC ‘overstepped’ on Tornado Cash sanctions, court orders reversal Read more: Tornado Cash funds ‘at risk’ after hacker injects malicious code Indeed, the Tornado Cash website was removed from the Specially Designated Nationals List along with various crypto addresses associated with the project. Sanctions remain against Tornado...

There is no denying that the US stock market has struggled for less than three months in other years. However, no stock has fallen more than Tesla (TSLA), which has recently received yet another White House endorsement amid its ongoing slide. The question is, can this help it eventually turn around from its plummeting share value? Speaking to Fox News Wednesday, US Commerce Secretary Howard Lutnick urged American investors to buy Elon Musk’s Tesla. The move was unprecedented and followed similar calls to action by US President Donald Trump. The question is, will those efforts pay off as the stock hopes for a monumental turnaround? Source: Finance Magnates Also Read: Tesla Stock Drops 51% as Violent Attacks on Dealerships Spike—Is Musk’s Politics to Blame? Tesla Gets Howard Lutnick Endorsement: Can Stock Regain Momentum? Over the last 30 days, Tesla stock has plummeted more than 34% to its current $233 price level. That downfall led US President Trump to take action, endorsing the ...