The supply, a staggering 43 billion HBAR out of a total 50 billion, circulates like whispers in a crowded room. The intraday chart, a tale of persistence, shows a steady climb from the depths of $0.096 to the heights of $0.10, only to retreat slightly, as if testing the ground beneath its feet.
The Financial Services Commission (FSC) is putting the finishing touches on a plan, developed with the ruling party’s digital asset task force, to limit how much ownership any single person or company can have in major cryptocurrency exchanges. The proposed limit is between 15% and 20% of the exchange’s total value.
And so, dear reader, the grand story unfolds. Tether Investments, the noble benefactor, has graciously led a $50 million funding round for Eight Sleep. Yes, you heard that correctly, a sum fit for royalty, announced on March 4, 2026. And the outcome? The humble sleep tech company now finds itself perched upon the lofty heights of a $1.5 billion valuation.
In a move that has left the financial world scratching its head, Mizuho analysts Dan Dolev and Alexander Jenkins decided to boost their target for Circle Internet Financial (NYSE: CRCL) from a modest $90 to a dazzling $100. And here’s the kicker – they’re still keeping their rating as neutral. So basically, it’s like saying, “We think you’ll do well, but don’t go buying a yacht just yet.”
In news that’s about as surprising as a tax hike, Doppler Finance-the folks who build rewards systems on the XRP Ledger-have announced a partnership with Hex Trust, a digital asset custodian so institutional it probably wears a suit to bed. Together, they’re expanding the use of Wrapped XRP (wXRP) for institutions, because apparently, XRP wasn’t already complicated enough.
In a world where geopolitical tensions between the U.S. and Iran are as predictable as a Douglas Adams plot twist, Dalio has taken it upon himself to remind us that Bitcoin is not the safe-haven asset we’ve been led to believe. Apparently, it’s more like a rollercoaster ride through a black hole-exciting, but not exactly secure.
From a technical perspective, much of the focus is centered on oil.
South Korea will cap ownership stakes in cryptocurrency exchanges at 20% to strengthen how they’re managed. The new rule applies to all exchanges and was agreed upon by financial regulators and lawmakers, despite some worries from the crypto industry. People starting new exchange businesses may be allowed to own up to 34%.
I’m looking at USDsui, a new stablecoin, and what’s interesting isn’t *what* backs it, but what happens with the profits from those assets. It’s issued by Bridge, the company Stripe bought to build out its payments system, using their Open Issuance platform. Galaxy Digital is handling the investment side of things, managing the assets that back the coin. Basically, it’s not just about being stable, but about putting the earned yield to work.
Once again, the elusive “air pocket” of Bitcoin’s market has been pulled into our collective consciousness as the largest cryptocurrency slipped to just below $72,000 on Wednesday.