Ethereum News by Thebittimes.Com

Monday 31 March 2025 – The Meme Index ($MEMEX) presale wraps up at 2 p.m. UTC, with over $4.5 million raised. As the first meme coin index with algorithmic rebalancing, basket staking, and volatility control, the Meme Index is explicitly built for retail DeFi investors. And, right before the end of its presale, it has officially revealed its token lineup, featuring some of the most valuable meme coins in the space. With the presale ending, investors now have a clear view of the initial set of tokens they'll gain exposure to once the Meme Index launches. Up next is the scheduled exchange listing of $ MEMEX – early buyers have less than five hours left to secure the token at presale prices before it hits the open market. The Meme Index basket of meme coins revealed The Meme Index features four distinct indexes, each designed to offer varying levels of volatility. Announced by the project on X, 10 meme coins will be grouped into four baskets, each defined by mar...

Russian Finance Minister Anton Siluanov confirmed that the BRICS alliance is considering various financial innovations for payment settlements. He said cross-border payment options are being discussed for bilateral trade settlements with local currencies. Siluanov also said that the bloc is considering using digital technologies, such as blockchain networks, to ensure smooth transactions. Also Read: BRICS to Launch Gold-Backed Stablecoin To Challenge the US Dollar? “We are considering our various financial innovations on the BRICS floor, including the cross-border payment system that can be based, further to bilateral settlements, on national currencies with consideration of digital technologies and digital financial assets,” Siluanov said in the latest interview with Tass. “The buildup of the (BRICS) financial infrastructure is very important for the development of trade and economies of our countries,” the minister added. Read here to know how many sectors in...

Bitcoin, often dubbed the king of cryptocurrencies, has had a significant Q1 2025. The market’s Q1 phase was marked with Bitcoin’s stellar price peak to $90K, allowing major altcoins to prosper along with it. However, by the end of March, Trump’s trade war policies have affected the pricing of global markets, with Bitcoin now stabilized at $86K. With investor interest diversifying into the crypto domain, will BTC be able to score a new high in Q2, 2025? Let’s find out. Also Read: GTA 6 Investment: $265M to $7.7B—Can GTA 6’s $2 Billion Investment Beat 29x ROI of GTA 5? Bitcoin: A Q1 Recap Source: Watcher Guru Bitcoin is currently sitting at $85K, down 2% in the last 24 hours. The first quarter of the current year was especially beneficial for Bitcoin as it ushered in a golden period for the token to bask in. With Donald Trump assuming the reins of the White House, his special leaning toward the domain helped BTC soar to new highs, particularly breaching the $90K before ...

Real Vision’s chief crypto analyst, Jamie Coutts, is leaning bullish on altcoins despite the prevailing bearish sentiment. Coutts says that sentiment is “so bombed out”, as evidenced by the ratio between the equal cap weight and the market cap weight of the top 200 largest altcoins by market cap, which is at a four-year low. According to Coutts, the ratio suggests that some altcoins are on the cusp of a bullish reversal. “Structural issues of investing in the asset class aside, where we are today are levels where, in the past, you start to see high-quality altcoins start to recover.” Source: Jaime Coutts/X Turning to Bitcoin (BTC), Real Vision’s chief crypto analyst says that the Market Value to Realized Value (MVRV), a metric used to assess the average profitability of coins in circulation, is suggesting that Bitcoin reached a cycle peak in the fourth quarter of 2024 and that “we should brace for the bear market.” Source: Jaime Coutts/X According ...

GameStop (GME) plans to raise $1.3 billion to purchase Bitcoin through a private offering of convertible senior notes, the company announced Wednesday. The move follows in the footsteps of Michael Saylor’s Strategy and will allow the gaming retailer to begin funding its efforts to invest in the leading cryptocurrency. “GameStop expects to use the net proceeds from the offering for general corporate purposes, including the acquisition of Bitcoin in a manner consistent with GameStop’s Investment Policy,” the company said in a statement today. BREAKING: GameStop $GME to raise $1.3 billion to purchase Bitcoin. — Watcher.Guru (@WatcherGuru) March 26, 2025 On Tuesday, GameStop (GME) announced its plans to add the Bitcoin cryptocurrency (BTC) as a treasury reserve asset. The company’s board unanimously approved the update to GameStop’s investment policy and announced the funding plan in a Wednesday press release. Michael Saylor’s Strategy (formerly MicroStrategy) has m...

In 2024, Nvidia was the most dominant force on Wall Street, surging more than 170%. That changed drastically with the turning of the calendar, as a sluggish market pushed the AI chipmaker down alongside many of its competitors. However, that doesn’t change the reality that Nvidai (NVDA) is projected to hit $1 trillion in revenue as the stock appears unstoppable. Although the first three months of the year haven’t equated to massive gains for the company, it has still looked like a turnaround was nearing. With the infrastructure in tech being developed around artificial intelligence, the position of the chipmaker appears secure. Indeed, by the day, the number of experts awaiting a surge is growing. Source: Fortune Also Read: Nvidia (NVDA) Stock Has $235 Target: A Must Buy Before April? Nvidia on Pace for $1 Trillion in Revenue? Why Wall Street is Still Betting Big on the Stock The US stock market has been increasingly volatile this year. With geopolitical concerns and a fragi...

Ripple (XRP) has endured years of tumultuous legal proceedings and is now finally free from it all, enabling the token to soar high unlike anything else. XRP is now a center of mainstream attraction and is presently a crucial part of Trump’s crypto strategic reserve. The fact that the token is able to withstand the test of time is due to its sheer resilience and aptitude which continue to help the token in targeting new price spots. Here’s when XRP may experience its next bull run and its earlier than predicted timelines. Also Read: Dogecoin: AI Predicts DOGE Price For March 31st, 2025 Ripple’s Path to Glory Source: Pexels XRP is currently the center of a very popular debate. The token is currently being pursued as an active candidate for a large spree of XRP filings, giving it widespread momentum to bask in. Giants like Bitwise, Grayscale, and Canary have all filed XRP ETF applications, intending to deliver solid recognition and accessibility to the token. The token h...

President Donald Trump’s push to promote his meme coin, Official Trump (TRUMP), on social media has resulted in several traders incurring losses despite the token briefly rallying in response. On March 23, Trump took to Truth Social with the post, “I LOVE $TRUMP,” which triggered an immediate short-term rally. The token surged as much as 13% before slightly pulling back. Trump’s post on promoting TRUMP. Source: Truth Social Consequently, a cryptocurrency whale, who previously made $108 million in profits from trading TRUMP, suffered a $207,000 loss within a single hour after the post, according to data retrieved by Finbold from on-chain cryptocurrency Analysis platform Lookonchain on March 24. Picks for you Giza Tech hits $1 million in autonomous capital  2 hours ago ...

A widely followed crypto analyst says that modular blockchain Celestia (TIA) looks primed to rip while updating his outlook on Bitcoin (BTC). In a new thread, crypto trader Michaël van de Poppe tells his 782,100 followers on the social media platform X that the layer-1 network’s real run begins after it breaks above the $4.35 price tag. “TIA still acting nicely here. I think that we’ll see the actual run of this one above $4.35.” Source: Michaël van de Poppe/X Celestia, which launched in October 2023, is trading for $3.32 at time of writing, a fractional decrease during the last 24 hours. A rise to the analyst’s predicted price would represent a gain of about 32%. Moving on to the top crypto asset by market cap, Van de Poppe says he expects BTC to gain momentum and run to $90,000 after it breaks the $82,000 barrier. “Still no breakout, but the build-up is good for that actual breakout upwards. As long as it stays above $81,50...

The state of the US stock market this year has not inspired confidence in any investors. However, that has not eaten away at the massive potential in the tech sector. Indeed, META may be seeing some payoff from its $2 billion VR investment; can that help the stock this year? The company is the latest of the Magnificent Seven to take a step back less than three months into the year. Recently, the company noted that it had not yet given up on the potential of virtual reality gaming as an industry. Moreover, it could be a part of its evaluation that edges it out ahead of tech competitors, with the races becoming closer by the day. Source: Morningstar Also Read: JPMorgan Says META Stock Will Lead This Key Market Amid Economic Uncertainty META Reaffirms Commitment to VR: Is the Investment Starting to Pay Off? Earlier this year, META stock was doing so well that there were talks of a potential stock split in 2025. It has since taken a step back, but has performed well amid what has been a st...

The founder and CEO of the investment management firm ARK Invest is warning the public of the risks of trading memecoins. In a new interview on Bloomberg Crypto, Cathie Wood says that the U.S. Securities and Exchange Commission (SEC) did an important thing in declaring that memecoins are not securities. “ What they essentially were saying is we are not going to regulate them and it’s buyer beware, so I have one message for those listening who are buying memecoins, buyer beware. I think the message is loud and clear from the regulators.” She says that many memecoins will eventually lose their value. “What we think will happen is there will be some fearsome declines in the prices of some of these meme assets and there’s nothing like losing money for people to learn. Now learn that the SEC and regulators are not taking responsibility for these memecoins.” Wood says that while the leading crypto assets are bound to become more valuable, this is not the c...

The cryptocurrency market is once again making an upward momentum. Bitcoin (BTC) may reclaim the $84,000 mark in the coming days. TRON (TRX) also follows BTC’s trajectory. TRX is up 3.8% in the daily charts, 4.4% in the weekly charts, and 92.4% since March 2024. Despite the surge, the asset is still down by 3.9% in the 14-day charts and 5% over the previous month. Also Read: Bitcoin Acquisitions: Strategy’s $500 Million Stock Sale Targets 100,000+ BTC—Biggest Buy Yet? Source: CoinGecko Cryptocurrencies Respond To New SEC Chair Source: Watcher Guru The latest market rally could be due to Paul Atkins replacing Gry Gensler as the new SEC chair. Atkins will assume office on March 27. Many consider Gensler as being anti-crypto. The development may have led to a surge in investor confidence. TRON (TRX) may rally under such conditions. Also Read: JFK Files: His War on Central Banks – Is Bitcoin (BTC) the Answer for CBDCs? $123,207/BTC Loading Investors are also keeping a close eye on the...