Bitcoin begins a 77-day historical countdown to its potential 2025 peak, with targets around $150,000 and higher. Key takeaways: Bitcoin may reach a cycle top of $150,000 by October, based on halving-cycle fractals. New BTC investor activity is rising, signaling more room for upside. Read more
The initiative aims to modernize the SEC for 21st-century finance and was formed in response to recent policy recommendations from the White House. US Securities and Exchange Commission Chair Paul Atkins has announced “Project Crypto,” an initiative to modernize the agency for the digital finance age and establish clear regulations for digital assets in the United States. Atkins said Project Crypto was in direct response to recommendations in a recent report by the President's Working Group on Digital Assets. Atkins proposed easing licensing rules to allow for multiple asset classes or instruments to be offered by brokerages under a single license, while also creating a clear market structure separating commodities, which most cryptocurrencies fall under, from securities. Read more
Adam Back’s Blockstream has launched Bitcoin-native smart contract programming language Simplicity, offering an alternative to Ethereum’s Solidity. Blockstream, the developer of Bitcoin’s layer-2 protocol Liquid and led by Bitcoin cypherpunk Adam Back, has launched Simplicity, a new smart contract language designed for Bitcoin. According to a Thursday announcement shared with Cointelegraph, Simplicity smart contracts will be integrated into Liquid. The company said the move marks a step forward in transforming Bitcoin (BTC) from a secure store of value into a programmable foundation for decentralized finance. The company also introduced SimplicityHL, a higher-level implementation of the language that facilitates easier development with increased abstraction. Read more
Despite strong ETF inflows, ETH traders remain cautious as competitive pressures and weak network activity persist. Key takeaways: Derivatives data shows traders remain wary despite the recent ETH price gains and strong ETF inflows. Ethereum faces competitive pressure from Solana and BNB Chain amid stagnant network activity growth. Read more
The White House’s crypto report did not provide updates to the March 6 executive order establishing a Bitcoin reserve. The White House released its long-awaited report on crypto on Wednesday, detailing a number of policy recommendations that omitted a Bitcoin (BTC) reserve. The 166-page document provides recommendations for multiple aspects of the crypto industry, including banking policy, stablecoins and countering illicit finance. The report does mention the Strategic Bitcoin Reserve, insofar as it was established back in March, but makes no mention of further development. Bitcoin maximalists have stated that the Bitcoin reserve order should allow the government to actively purchase the asset in a strategy more akin to El Salvador. Read more
Money2 is a new financial system powered by stablecoins and DeFi. With $225 billion in stablecoins and code-based contracts replacing banks, Money2 is already changing how value moves. Opinion by: Michael Egorov, founder of Curve Finance The crypto world shifts its focus every few months, with headlines buzzing about AI, integrations, memecoins and grand Web3 visions. While the spotlight moves from trend to trend, a quieter, deeper transformation is taking place beneath the surface: the gradual birth of a new financial system built on stablecoins, decentralized finance (DeFi) and code-driven contracts. Read more