March 13, 2025

MGX Invests $2B in Binance in Historic Crypto Funding Deal

MGX has invested $2 billion in Binance, potentially marking one of the biggest funding deals in the industry’s history. This initiative represents the Abu Dhabi-based investment firm’s first entry into the digital asset and blockchain sectors, securing a minority stake in Binance. A Strategic Deal for Crypto and Blockchain Innovation In a March 12 announcement,...
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PayX: The Future of Institutional Crypto Payments in a Rapidly Evolving Market

[PRESS RELEASE – London, United Kingdom, March 13th, 2025] PayX has announced the launch of its pre-sale, introducing an early participation phase for its digital payment platform. Designed to address common challenges in traditional payment systems—such as transaction speed, fees, and security—PayX aims to offer a more efficient and cost-effective global payment solution. The digital...
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Ripple Secures DFSA License to Offer Regulated Crypto Payments in UAE

Blockchain-based payments provider Ripple has received regulatory approval from the Dubai Financial Services Authority (DFSA), becoming the first company of its kind to be licensed in the Dubai International Financial Center (DIFC). The U.S.-based firm will now be able to offer fully regulated cross-border crypto payments in the United Arab Emirates (UAE), which boasts a...
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SuperScale Case Study Highlights Aethir’s Impact on Gaming User Acquisition

[PRESS RELEASE – Singapore, Singapore, March 13th, 2025] Aethir, a provider of decentralized cloud gaming infrastructure, has been featured in a newly released case study by SuperScale, a global expert in gaming user acquisition. The study provides an in-depth analysis of how Aethir’s cloud streaming technology enhances user acquisition strategies for gaming studios, presenting a...
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Somnia Announces 14 new partnerships with dApps Across DeFi, Gaming, AI, and Metaverse

[PRESS RELEASE – Dubai, UAE, March 13th, 2025] Somnia, the high-performance blockchain designed for fully on-chain applications, is unveiling its initial ecosystem of 14 decentralized applications (dApps) spanning DeFi, gaming, AI, social, metaverse and NFTs. The first wave of these dApps will go live on the Somnia Testnet, beginning with Playground, a web-based metaverse experience....
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U.S. Senate Banking Committee Advances Stablecoin Bill with Bipartisan Support; Full Senate Vote Next

Under President Trump’s encouragement for the crypto sector, the U.S. Senate Banking Committee has successfully pushed forward a bill regulating stablecoins. This marks a significant move towards having the legislation reach President Trump’s desk for his signature. The bill cleared the committee with an 18-6 vote, benefitting from the support of five Senate Democrats who...
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Crypto Market Faces More Trouble as Traders See Few Signs of Recovery

There has been a significant decline in crypto-wide trading volume following its peak on February 27th. Back then, traders were optimistically purchasing tokens as prices dipped. However, in the two weeks that followed, market cap declines have contributed to a noticeable shift in trader sentiment. Exhaustion, Hopelessness, And Capitulation According to Santiment’s analysis, this shift...
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Ourbit Distributes 85% of $BITCH Memecoin to Community Alongside SuperCEX Debut with DEX Integration

[PRESS RELEASE – Singapore, Singapore, March 13th, 2025] Ourbit, one of the fastest-growing memecoin-focused exchanges of 2024, today announced the launch of Phase 3 of its $BITCH memecoin airdrop campaign. With Phase 1 continuing through March 31 and Phase 2 now completed, Ourbit is allocating 85% of the token’s 1 billion supply directly to community...
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Trump Family Held Talks to Take Stake in Binance US Arm: Report

Representatives of US President Donald Trump’s family reportedly held talks to acquire a financial stake in Binance.US, the American arm of the world’s largest cryptocurrency exchange. According to a report by the Wall Street Journal (WSJ), which cited people familiar with the matter, the discussion began last year after Binance reached out to allies of...
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EstateX Sells Out Initial Blockchain Real Estate Offering in Record Time

EstateX, a pioneer in tokenized real-world asset technology infrastructure and capital markets, has successfully sold out its first public, tokenized real estate property offering in under five minutes. This landmark achievement was made possible through a strategic partnership with the CEO of RE/MAX England & Wales, enabling the property to be offered at less than...
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Altcoin Holders in the Red, But Strong Fundamentals Hint at Undervaluation

The crypto market is bleeding, and altcoin holders are feeling the pain. Recent data from IntoTheBlock shows that most of the people who invested in tokens such as Toncoin (TON), Aerodrome Finance (AERO), and Optimism (OP) are deep in the red, with some losses nearing 100%. However, the grim numbers notwithstanding, on-chain data suggests that...
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Ethereum Nears Key Historical Levels That Preceded Major Rallies

Ethereum has been on a steady downtrend since mid-December. Over the past three months, it has experienced record levels of active selling, losing over 50% as its price dropped from $3,993 to the current level of under $1,900. But there could be an opportunity for buyers. Ethereum Hits Oversold Zone Qiao Wang, a prominent figure...
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Bitcoin’s MVRV Ratio Falls to Yearly Lows – Is This the Ultimate Buy Signal?

According to CryptoQuant, the cryptocurrency market is currently in an oversold state following a strong correction. Bitcoin holdings for less than one month saw a notable surge in March and December 2024, reaching 23% and 24.5%, respectively. This pattern was accompanied by a market correction, which drove Bitcoin’s Market Value to the Realized Value (MVRV)...
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JuCoin Introduces World’s First Service-Driven Crypto Platform Designed Around User Needs

[PRESS RELEASE – Singapore, Singapore, March 13th, 2025] JuCoin announces its evolution into the world’s first service-driven cryptocurrency platform, taking a fundamentally different approach in an industry often criticized for prioritizing technical innovation over usability. Following its brand transformation in 2024, the exchange has repositioned itself to focus on addressing the practical challenges that have...
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Bullish Fundamentals, Bearish Reality: Crypto ‘Clown Market’ Baffles Experts

Crypto markets are down again today, with total capitalization falling back to $2.8 trillion, which is exactly where it was in March 2024, long before the most pro-crypto administration in history was in the White House. On March 13, Chainlink community liaison Zach Rynes described it as the “most bizarre clown market” he’s ever seen...
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Bitcoin Dominance Hits 4-Year High Amid Altcoin Annihilation

Bitcoin market dominance is currently at a 4-year high of more than 62%, its highest level since March 2021, despite its 29% correction. There was a brief spike above this level on Feb. 3, but that appears to be an isolated wick, whereas recent increases have been more sustained, according to Tradingview. Moreover, BTC market share...
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Bitcoin (BTC) $ 83,746.44 1.01%
Ethereum (ETH) $ 1,593.41 1.97%
Tether (USDT) $ 1.00 0.01%
XRP (XRP) $ 2.09 1.89%
BNB (BNB) $ 580.63 0.86%
Solana (SOL) $ 126.55 2.50%
USDC (USDC) $ 1.00 0.01%
TRON (TRX) $ 0.250666 0.54%
Dogecoin (DOGE) $ 0.154161 3.11%
Cardano (ADA) $ 0.610097 3.85%
Bitcoin (BTC) $ 83,746.44 1.01%
Ethereum (ETH) $ 1,593.41 1.97%
Tether (USDT) $ 1.00 0.01%
XRP (XRP) $ 2.09 1.89%
BNB (BNB) $ 580.63 0.86%
Solana (SOL) $ 126.55 2.50%
USDC (USDC) $ 1.00 0.01%
TRON (TRX) $ 0.250666 0.54%
Dogecoin (DOGE) $ 0.154161 3.11%
Cardano (ADA) $ 0.610097 3.85%