Category: Cryptocurrency

U.S. Agencies Must Reveal Bitcoin and Crypto Holdings by April 5

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The deadline for U.S. federal agencies to disclose their crypto holdings is rapidly approaching, with April 5 set as the date for agencies to report their Bitcoin and other digital asset holdings to the Secretary of the Treasury. This requirement is part of President Donald Trump’s executive order signed on March 6, which established a Strategic Bitcoin Reserve and a Digital Asset Stockpile. The order mandates that all federal agencies disclose the digital assets they hold as part of criminal or civil asset forfeiture proceedings.

Background on the Executive Order

The executive order represents a significant development in the U.S. government’s involvement with digital assets. It directs the Treasury Department to create two separate reserves — one for Bitcoin (BTC) and one for other cryptocurrencies such as XRP (Ripple), Solana (SOL), and Cardano (ADA). These assets will come from those seized during criminal investigations or forfeiture processes. According to David Sacks, the White House’s crypto czar, the U.S. government already holds approximately 200,000 Bitcoin, although a complete audit of these holdings has not been conducted to date.

U.S. Government’s Crypto Holdings: What We Know

As of April 1, 2025, the U.S. government is known to own 198,012 Bitcoin, valued at approximately $16.8 billion based on current market prices. This Bitcoin is part of the assets the government has acquired over the years through law enforcement actions. However, with the creation of the Strategic Bitcoin Reserve and the Digital Asset Stockpile, there is potential for these holdings to increase.

The Digital Asset Stockpile will not be limited to Bitcoin but will also include other major cryptocurrencies like XRP, Solana, and Cardano. President Trump has already indicated that these digital assets will be part of the reserve, potentially raising their profile and impact in the market. The federal agencies must report these holdings by April 5, providing a clearer picture of the U.S. government’s involvement with digital currencies.

What Will the Disclosure Mean for the Market?

Once federal agencies disclose their crypto holdings to the Treasury Secretary, it could have major implications for the cryptocurrency market. A more comprehensive view of the government’s digital asset reserves could lead to increased investor confidence, particularly in Bitcoin and the other cryptocurrencies listed in the executive order. If investors believe the U.S. government is increasingly backing these assets, it could provide a significant boost to their value.

However, this move comes at a time when other economic concerns are weighing heavily on the markets. Although the cryptocurrency market rebounded slightly on April 1, the overall market cap has declined by approximately 7% in the past week, currently sitting at $2.76 trillion. Concerns over President Trump’s pursuit of a global tariff war and the impact of broader economic policies have dampened market sentiment, affecting both traditional and digital asset markets.

What’s Next for the U.S. Digital Asset Strategy?

Looking forward, the U.S. government will not be acquiring additional Bitcoin for the Digital Asset Stockpile beyond what has already been seized. However, there are still opportunities for agencies to acquire more assets through forfeiture processes. The Treasury and Commerce Secretaries have been authorized to pursue strategies to acquire more digital assets, though any additional Bitcoin acquisition will not affect the current stockpile’s composition.

This executive order could also lead to more comprehensive regulations for the crypto industry in the U.S. As the federal government becomes more involved with digital currencies, additional policies may emerge to govern their use, trading, and taxation. It’s clear that cryptocurrencies are becoming more intertwined with U.S. financial strategy, but how this will unfold remains to be seen.

Conclusion: A Turning Point for U.S. Crypto Holdings

The disclosure of U.S. crypto holdings by April 5 marks a crucial moment in the evolution of the nation’s relationship with digital assets. With Bitcoin, XRP, Solana, and Cardano poised to become part of the government’s stockpile, the spotlight is on these cryptocurrencies and how they will influence the broader market. As the world’s largest economy takes a more prominent role in crypto, the sector could see a shift in how governments and investors view digital assets.

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Donald Trump’s Crypto Reforms in Q1 2025: A New Era

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In the early months of 2025, U.S. President Donald Trump has quickly solidified his pro-crypto stance, delivering on promises made during his election campaign. Through a series of executive orders and key appointments, Trump has laid the groundwork for sweeping crypto reforms in the United States. This article provides a breakdown of these developments, showcasing how the Trump administration is taking bold steps to shape the future of digital currencies in the U.S.

January: U.S. Crypto Reforms Take Shape

Trump’s second term began with the signing of an executive order (EO) aimed at reshaping U.S. crypto regulations. This EO established the formation of a crypto working group, tasked with providing a comprehensive report on crypto regulations and stablecoins by July 2025. The EO also addressed the controversial topic of a U.S. dollar central bank digital currency (CBDC), with the administration opting to ban its creation. This move diverges sharply from global trends, where many countries are exploring the development of their own CBDCs.

Additionally, Trump ordered the creation of a national digital asset stockpile, which would include various cryptocurrencies like Bitcoin and Ethereum. In March, two additional EOs officially set up crypto reserves, solidifying the U.S. government’s position in the digital asset space.

Furthermore, the repeal of the Staff Accounting Bulletin No. 121 (SAB121) marked a significant victory for the crypto industry, especially for companies engaged in digital asset holdings. This regulatory change paves the way for greater clarity and less restrictive rules around digital assets.

Key Appointments and Pro-Crypto Appointments

Trump made several high-profile appointments that further signaled his commitment to crypto reforms. Former PayPal executive David Sacks was appointed as the AI and Crypto Czar, tasked with overseeing the integration of digital assets into the U.S. economy. Meanwhile, Caroline Pham was named acting Chair of the Commodity Futures Trading Commission (CFTC), and Scott Bessent took on the role of Secretary of the Treasury. These appointments were instrumental in creating a pro-crypto environment in Washington.

Moreover, the appointment of Tim Scott as Chairman of the Senate Banking Committee allowed for the establishment of the Senate’s first-ever crypto-focused subcommittee. This subcommittee was led by Cynthia Lummis, a prominent advocate for Bitcoin (BTC), and marked the beginning of serious legislative efforts to explore crypto-related policies.

February: SEC’s Crypto Reversal

In February, the Securities and Exchange Commission (SEC) made headlines with its reversal of previous regulatory stances. Once viewed as an opponent of cryptocurrency, the SEC began dismissing cases against major players like Binance, Coinbase, and Robinhood, signaling a shift in regulatory attitude. This is an encouraging sign for the industry, as the SEC’s actions laid the groundwork for a more open and friendly regulatory environment for crypto in the U.S.

March: Strategic Bitcoin Reserve

March proved to be a landmark month for crypto developments under Trump’s administration. On March 6, the White House hosted the first-ever Crypto Summit, bringing together industry leaders, regulators, and policymakers to discuss the future of the U.S. crypto sector. At the summit, Trump unveiled plans to establish a Strategic Bitcoin Reserve, capitalized by the 198,012 BTC that the U.S. government has seized over the years. This reserve would solidify the U.S.’s position as a major player in the crypto space.

Trump also signed another EO that created a U.S. Digital Asset Stockpile, expanding the nation’s crypto holdings to include not only Bitcoin but also other digital assets such as Ripple (XRP), Solana (SOL), and Cardano (ADA).

In addition, the reintroduction of the Digital Commodity Exchange Act (DCEA) sought to expand the remit of the CFTC in regulating crypto markets, providing clarity and consumer protection for digital assets traded in the U.S.

What to Expect in 2025

Looking ahead, 2025 promises to be a pivotal year for crypto in the U.S. With Paul Atkins still awaiting confirmation as the new SEC chair, progress on crypto legislation may slow temporarily. However, upcoming crypto roundtables will focus on decentralized finance (DeFi) and tokenization of real-world assets (RWAs), signaling continued innovation in the sector.

Overall, Trump’s efforts in Q1 2025 have set the stage for significant crypto reforms, ushering in a new era of digital currency adoption in the U.S. These bold initiatives signal a clear departure from the more cautious stance taken by the previous administration, potentially marking the beginning of a major shift in U.S. policy towards cryptocurrencies.

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Bybit x Block Scholes: BTC fell after touching $88K but bearish derivatives trend holds

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DUBAI, UAE, April 1, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest weekly crypto derivatives analytics report in collaboration with Block Scholes. The report provides insights into macroeconomic developments, the state of crypto spot and derivatives markets, and emerging trading signals.

Key insights

Since bottoming out on March 11, crypto asset prices have climbed steadily over a two-week period, with BTC briefly surpassing $87,000 and ETH recovering above $2,000. XRP has remained relatively stable, while BTC, ETH, and SOL continue to trade below their year-opening levels. SOL, which hit an all-time high in January following Cboe’s Solana Spot ETF filing, also remains down year-to-date. While the broader market has shown signs of recovery, derivatives activity reflects lingering caution. Demand for BTC and ETH put options remains elevated, signaling ongoing hedging behavior.

Cautious rebound in perpetuals

Perpetual open interest stayed flat for most of the week, underscoring a cautious, risk-off tone. A brief market rebound saw BTC rise to $88,000 — a two-week high — triggering modest increases in perpetual trade volume, primarily driven by BTC. Still, volumes remain significantly below those recorded earlier this month, when U.S. President Donald Trump proposed a national crypto reserve centered on the four largest tokens.

Sources: Bybit, Block Scholes

Funding rates suggest persistent bearish sentiment

Despite lower realized volatility and positive price movement among major assets, BTC and ETH perpetual contracts continued to post negative funding rates. This indicates that short sellers are still paying long positions, an ongoing sign of bearish sentiment. In contrast, large-cap altcoins showed more mixed positioning, with funding rates fluctuating between positive and negative without a clear directional bias.

Volatility retreats to yearly lows

Implied volatility declined by 3 to 5 points over the past week, with 30-day options now trading at their lowest levels since the beginning of the year. Realized volatility is also nearing the 30% floor last seen in February. As typically observed in low-volatility periods, options market activity has slowed, with open interest remaining low and relatively balanced between puts and calls. Around $40 million in options expired during the week.

Access the full report

For detailed insights, readers may download the full report.

#Bybit / #TheCryptoArk /#BybitResearch

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Best Crypto Wallets: A Complete Guide for 2025

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Crypto wallets play a crucial role in the world of cryptocurrency by allowing users to send, receive, and manage digital assets like Bitcoin (BTC) and Ethereum (ETH). Unlike traditional wallets that store physical cash, crypto wallets store private keys that grant access to your cryptocurrency holdings.

These wallets do not actually hold cryptocurrencies but store the keys that unlock access to the funds recorded on the blockchain. Without the private keys, it is impossible to authorize transactions or prove ownership of digital assets. As the popularity of cryptocurrencies grows, choosing the best crypto wallet becomes increasingly important to ensure security and ease of use.

Types of Crypto Wallets: Hot vs Cold Wallets

When selecting the best crypto wallet, it is essential to understand the two main types: hot wallets and cold wallets. Each has its advantages and disadvantages, depending on the user’s needs and preferences.

1. What Is a Hot Wallet?

Hot wallets, also known as online or custodial wallets, are connected to the internet and are typically provided by cryptocurrency exchanges. These wallets store private keys on a third-party server, making them easily accessible for transactions.

Hot wallets include mobile apps, browser extensions, and desktop applications. They are convenient for frequent trading and transfers but are more vulnerable to hacking and phishing attacks.

2. What Is a Cold Wallet?

Cold wallets, also known as non-custodial wallets, store private keys offline, making them less susceptible to hacking attempts. Hardware wallets are the most common form of cold wallets and provide a safer way to store large amounts of cryptocurrency.

These wallets resemble USB drives and allow users to sign transactions securely without exposing private keys to online threats. While cold wallets offer superior security, they may not be as convenient for frequent trading.

Top 5 Best Crypto Wallets for 2025

Choosing the best crypto wallet depends on factors such as security, functionality, and compatibility with different cryptocurrencies. Here are the top five wallets to consider in 2025:

1. Trezor

Trezor is a leader in the hardware wallet space, offering models like the Trezor Model One and Trezor Safe 5. These wallets provide top-notch security features and support for a wide range of cryptocurrencies.

Key Features:

  • Touchscreen interface for easy navigation 
  • High-level offline security 
  • Integration with wallets like Exodus for seamless management 

2. Ledger

Ledger is another trusted name in hardware wallets, with models like the Ledger Nano X and Ledger Nano S. Ledger wallets support over 5,500 assets and provide a user-friendly interface through their Ledger Live app.

Key Features:

  • Two-factor authentication for added security 
  • Mobile and desktop compatibility 
  • Access to decentralized finance (DeFi) applications 

3. Exodus

Exodus is a versatile non-custodial wallet that offers both a desktop application and a mobile app. It supports multiple cryptocurrencies and includes built-in exchange and staking options.

Key Features:

  • Intuitive interface suitable for beginners 
  • Integration with Trezor hardware wallets for added security 
  • Ability to stake assets and generate passive income 

4. SafePal

SafePal is gaining traction as a secure and versatile wallet option. Backed by Binance Labs, SafePal offers hardware wallets, software wallets, and a browser extension.

Key Features:

  • Supports over 100 blockchains 
  • Affordable pricing for hardware wallets 
  • Intuitive mobile app with trading and swapping features 

5. Coinbase Wallet

Developed by the popular cryptocurrency exchange Coinbase (NASDAQ:COIN), Coinbase Wallet is a non-custodial mobile wallet that gives users full control over their private keys.

Key Features:

  • User-friendly interface with secure storage 
  • Support for NFTs and ERC-20 tokens 
  • Biometric security features for added protection 

Best Crypto Mobile Wallets for 2025

For those who prefer managing their cryptocurrencies on the go, mobile wallets offer convenience and security. Some of the best crypto mobile wallets for 2025 include:

  • MetaMask: Ideal for accessing Ethereum-based decentralized applications (dApps). 
  • Trust Wallet: Supports a wide range of cryptocurrencies and blockchain networks. 
  • Phantom Wallet: Specializes in managing Solana (SOL) assets securely. 

How to Choose the Best Crypto Wallet

When selecting the best crypto wallet, consider the following factors:

Security: Opt for wallets with multi-factor authentication and encryption.
User Experience: Choose a wallet with an intuitive interface and easy navigation.
Compatibility: Ensure the wallet supports the cryptocurrencies you intend to store.
Backup and Recovery: Look for wallets that offer backup options and recovery phrases.

Conclusion: Protect Your Assets with the Best Crypto Wallets

As cryptocurrencies continue to gain mainstream adoption, securing your digital assets becomes more important than ever. Whether you prefer the offline security of a hardware wallet like Trezor or the convenience of a mobile wallet like Coinbase Wallet, choosing the best crypto wallet will help safeguard your investments.

Evaluate your needs, prioritize security, and select a wallet that aligns with your crypto journey. With the right wallet, you can confidently navigate the world of digital currencies in 2025 and beyond.

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Bitcoin Price Struggles Continue Amid Market Uncertainty

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Bitcoin (BTC) has faced significant challenges recently, with the Bitcoin price struggling to maintain momentum. Despite this, leading crypto analysts such as BitQuant and Kevin Capital believe the market has not yet reached its peak. These analysts argue that Bitcoin’s price structure indicates further upside potential, even as fears of corrections linger.

In the past three months, Bitcoin has oscillated between $81,000 and $85,000, triggering concerns that the top may already be in. However, crypto analyst BitQuant has pushed back against this bearish sentiment, asserting that the top is not yet in and that a bullish reversal may be imminent.

Analysts Predict Bitcoin Has Not Peaked Yet

BitQuant, a prominent crypto analyst, recently took to X (formerly Twitter) to assure market participants that Bitcoin’s price struggles do not signal a market top. He pointed out that during the previous bull cycle, many believed that $60,000 was the top, even though the price eventually surged higher.

BitQuant stressed that the current market lacks the classic “top” structure seen in previous cycles. According to him, when the real top is reached, a significant 25% pullback will follow. Until then, BitQuant remains bullish, emphasizing that Bitcoin’s current correction phase is part of a healthy market cycle.

Similarly, Kevin Capital echoed BitQuant’s sentiment, acknowledging that Bitcoin is undergoing a major correction but maintaining that the top has not been reached. He advised investors to monitor macroeconomic data and monetary policy updates, which could influence Bitcoin’s price trajectory.

Bitcoin Price Correction Could Drop to $70,000

While analysts remain optimistic about Bitcoin’s long-term potential, they also acknowledge the possibility of further short-term corrections. Kevin Capital recently predicted that Bitcoin’s price could drop as low as $70,000 if it loses the critical support at $81,000.

He explained that if Bitcoin breaches the “golden pocket” level and continues downward, the next measured move target falls within the $70,000 to $73,000 range. However, Kevin Capital remains confident that this correction would be temporary, paving the way for a significant price rebound.

Key Macro Factors Impacting Bitcoin Price

Several macroeconomic events could impact Bitcoin’s price movements in the coming weeks. One major factor is former President Donald Trump’s tariff implementation set for April 2nd. Analysts believe this event could trigger a “buy-the-news” reaction, potentially boosting Bitcoin’s price.

Additionally, labor market data expected later this week and a significant reduction in the U.S. Treasury run-off—dropping from $25 billion to $5 billion—could influence market sentiment. However, Kevin Capital cautioned that it remains uncertain whether these macro factors will have an immediate impact on Bitcoin’s price.

Bitcoin’s Long-Term Outlook Remains Strong

Despite the ongoing Bitcoin price struggles, many analysts maintain a bullish outlook for the cryptocurrency’s long-term trajectory. BitQuant and Kevin Capital both highlighted that Bitcoin’s price gains often occur in short bursts, with significant surges typically concentrated within a two-week period each year.

This pattern suggests that, despite temporary corrections, Bitcoin may be poised for another upward leg. Some analysts have even predicted that Bitcoin could reach as high as $130,000 by the end of this bull cycle, citing increased institutional adoption and growing demand for digital assets.

Conclusion: Bitcoin Price Struggles Could Lead to a Bullish Reversal

As Bitcoin price struggles persist, analysts like BitQuant and Kevin Capital remain optimistic that the top is not yet in. While short-term corrections may push Bitcoin down to $70,000, the broader market structure suggests a potential bullish reversal.

Investors should remain vigilant, closely monitoring macroeconomic factors and market developments as Bitcoin navigates its current correction phase. With projections of Bitcoin reaching $130,000 still on the table, this could be a strategic opportunity for long-term investors to accumulate more BTC.

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The9 Limited Receives Strategic Investment from Cryptocurrency Investment Funds to Operate Global GameFi Platform

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SINGAPORE, March 31, 2025 /PRNewswire/ — The9 Limited (NASDAQ: NCTY) (hereinafter referred to as “The9”), an established Internet company, announced today that it has signed private placement agreements with industry-leading cryptocurrency investment funds Elune Capital, Fine Vision Fund and Bripheno Pte. Ltd. (hereinafter collectively referred to as “the Investors”). Pursuant to the agreement, the Investors will invest US$8 million in The9. The9 will issue Class A common shares to the Investors with share price equal to the average closing price of the 30 consecutive trading days before the signing of the agreements. The shares issued are subject to statutory lock-up period.

The9 will establish a new company to operate its global GameFi platform. The9 will seek cooperation with a worldwide third-party cryptocurrency foundation, and the GameFi coins issued by the foundation will be used as the official cryptocurrency for The9’s global GameFi platform. The9 will also seek cooperation with a leading global cryptocurrency exchange, which will be responsible for promoting cryptocurrency users on its platform to join The9 global GameFi platform.

The9 will issue 302,263,200 stock warrants to investors, each of which represents the right to purchase one Class A common share (equivalent to 1,007,544 ADSs, assuming all warrants are exercised). All warrants have an exercise period of two years. The exercise price of part of the warrants is US$60 per ADS. The other part of the warrants will be divided into two equal batches, and each batch of warrants will be subject to its exercise condition. The exercise conditions are as follows: one-half of the warrants can be exercised after the investor or its business partner signs a strategic cooperation agreement with The9, and the other half of the warrants can be exercised after The9 GameFi platform is launched. The exercise price is the same as the ADS issuance price under these agreements.

George Lai, Executive Director and CFO of The9, said: “This strategic cooperation is an important milestone for The9 to enter into the global GameFi industry. The investment and support from well-known cryptocurrency investment funds will make our new global GameFi platform concept “The Platform is a Big Game” possible. We plan to issue 10% of our shares within 3 years to support the future market, operation and exchange of GameFi coins. The high-dimensional global GameFi platform is different from all previous gaming platforms. We expect the full “coin-share linkage” will attract a large number of diversified gamers, cryptocurrency users and the best Web2 and Web3 games. We look forward to using blockchain technology and cryptocurrency to provide an excellent gaming experience that traditional games cannot provide. We believe that the worldwide cryptocurrency and gaming industries are eager for a GameFi platform that can bring a large scale of traditional gamers into the cryptocurrency world. “Promoting the universal access and application of cryptocurrency in gaming” is the mission and goal of this cooperation. With the strong cryptocurrency user base of the leading global cryptocurrency exchange and The9’s resources and experience in the gaming industry, we believe that our new global GameFi platform will soon become the market leader.”

Safe Harbor Statement

This current report contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond The9’s control. The9 may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about The9’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: The9’s goal and strategies; The9’s expansion plans; The9’s future business development, financial condition and results of operations; The9’s expectations regarding demand for, and market acceptance of, its products and services; The9’s expectations regarding keeping and strengthening its relationships with business partners it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in The9’s filings with the SEC. All information provided in this announcement is as of the date hereof, and The9 does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

The9 Limited
17 Floor,
No. 130, Wu Song Road,
Hong Kou District,
Shanghai 200080, PRC

About The9 Limited

The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 is committed to become a global diversified high-tech Internet company and is engaged in online games operation and Bitcoin mining business.

About Fine Vision Fund

Fine Vision Fund was established in Singapore in 2022 by Finewill Capital, an internationally renowned investment institution. Fine Vision Fund is dedicated to investing in global game projects and supporting the future of the game industry. The first phase of the fund has a scale of tens of millions of US dollars. It has invested in different game development and distribution projects covering MMORPG, SRPG, Sports, Strategy simulation, and casual games, etc. The fund is enthusiastic about the innovative business model of games and the integration of traditional game development skills with cutting-edge blockchain technology. Through the creation of this international game fund, it aims to infuse new energy into the game and blockchain industry and foster its development and growth.

Fine Vision Fund employs an open operating model. The fund’s contact detail and application channel are publicly accessible to game teams both domestically and internationally, without any strict restrictions on the game type or size. As the project progresses, the total investment will continue to grow. Beyond providing financial support to projects with great business potential, Fine Vision Fund will also offer knowledge sharing and overseas operating experience to game developers.

Fine Vision Fund remains positive about the long-term growth of game industry. It is leveraging its industry resources to support game teams worldwide and strengthening the bridge between the local and global game industries.

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SOURCE The9 Limited

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Bitget Lists KiloEx (KILO) in the Innovation and DeFi Zone

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VICTORIA, Seychelles, March 28, 2025 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of KiloEx (KILO), a DEX focused on risk management and capital efficiency. Trading for KILOI/USDT will commence on 27 March 2025, 13:00 (UTC).


Cover Picture (PRNewsfoto/Bitget)

KiloEx provides fast trades, real-time market tracking, and a user-friendly interface while offering liquidity providers risk-neutral positions and LP-friendly solutions. The operation of KiloEx (KILO) centers on its revolutionary Peer-to-Pool model that creates a more efficient trading environment for both traders and liquidity providers. It also revolutionizes decentralized trading, providing a secure and seamless platform for users to take control of their trades and investments.

With over 783,000 users and $34 billion in total trading volume, KiloEx has established itself as a significant player in the decentralized exchange landscape. KiloEx has secured considerable backing from prominent industry players, with Binance Labs and Foresight Ventures providing funding, giving the project substantial credibility in the cryptocurrency space.

The inclusion of KiloEx on Bitget’s platform aligns with the exchange’s strategy to offer users access to promising Web3 projects. This listing provides an opportunity for traders to engage with a next-generation perpetual DEX fostering a more interconnected and efficient DeFi landscape.

Bitget continues to expand its offerings, positioning itself as a leading platform for cryptocurrency trading. With an extensive selection of over 800 cryptocurrency pairs and a commitment to broaden its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON.

For more information on KiloEx (KILO), users can visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

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SOURCE Bitget

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From Dubai to Bali: Crypto Content Creator Campus Continues to Empower the Crypto Content Ecosystem

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DUBAI, UAE, March 28, 2025 /PRNewswire/ — The Crypto Content Creator Campus (CCCC) is set to launch a special pilot edition in Bali from April 10 to 13, 2025. Exclusively sponsored by Bybit, the event marks CCCC’s official debut in Asia Pacific and will center on the theme: Build Crypto Ark, Bit by Bit.

Hosted in one of Asia’s most iconic destinations, CCCC Bali 2025 will bring together around 150 top crypto content creators in Asia Pacific. Alongside them, five prominent speakers will deliver insights into creator growth, audience conversion, and sustainable monetization in the Web3 space. This exclusive, two-day experience will unite some of the biggest names in crypto, content creation, and blockchain for a high-energy, invite-only gathering packed with expert insights, networking, and entertainment.

From Dubai to Bali: Crypto Content Creator Campus Continues to Empower the Crypto Content Ecosystem

High-profile crypto influencers and key opinion leaders are expected to attend, including RTA, Head of Trading at RTA Business School; Gong Youchai, co-founder of ANGELAB Quantitative and Blackwater Holding; and MoMo, a leading on-chain arbitrage trader. Other well-known figures with massive online followings — such as Phyrex, BITWU, and Little Penguin — will also share their expertise and engage with the community.

“Following the successful CCCC Dubai 2024, we’re thrilled to extend our vision to the vibrant Asia-Pacific crypto community – a place bursting with energy, ambition, and an insatiable appetite for crypto knowledge,” said Phoebe Peng, Managing Director of CCCC. “This upcoming event will foster collaboration and equip content creators with creativity to monetize their passion.”

Bali was chosen as the launchpad for CCCC’s APAC debut not only for its vibrant crypto community, but also for its unique blend of natural beauty and cultural richness — a perfect backdrop to inspire creativity, collaboration, and meaningful storytelling. CCCC aims to empower Asia-Pacific creators in a setting that fuels both imagination and impact.

About Crypto Content Creator Campus (CCCC)
CCCC is a team of industry experts and visionaries committed to shaping the future of content creation within the Web3 and crypto sphere. Driven by a shared passion for creating a high-value community, we’ve curated a campus that promises an experience unlike any other.

For more details about CCCC, please visit: https://www.cccc.buzz/
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XRP Price Crash Looms Amid Technical and Economic Pressures

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The XRP price crash may be closer than expected as the crypto faces a combination of bearish technical indicators and worsening macroeconomic conditions. Since its rally at the end of 2024, XRP has formed a descending triangle pattern on its weekly chart—a classic signal of a bearish continuation. If key support at $1.32 breaks, analysts anticipate a plunge to $1.07.

Renowned trader Peter Brandt has also identified a head-and-shoulders pattern on XRP’s daily chart, reinforcing the bearish sentiment. With low buying volume preventing a bullish reversal, traders are increasingly worried that XRP’s current position may be unsustainable.

Bearish Signals Threaten XRP’s Stability

XRP’s price movement has been flashing warning signs over the past few weeks. Analysts point to several factors that suggest a potential XRP price crash:

  • Descending Triangle Formation: This bearish pattern, forming since late 2024, suggests a likely downward breakout. 
  • Key Support at $1.32: A break below this level could trigger a 40% drop, taking XRP to $1.07. 
  • Head and Shoulders Pattern: Identified by Peter Brandt on March 26, 2025, this trend reversal signal adds to the downward momentum. 
  • Low Buying Volume: The lack of strong buying pressure limits XRP’s ability to reverse its current bearish trend. 

If these technical signals materialize, XRP may face significant downside risks. The possibility of a sustained bearish trend is increasing, with traders closely watching for a breach of critical support levels.

Macroeconomic Uncertainty Adds Pressure to XRP

The bearish sentiment around XRP is not solely due to technical factors. Broader macroeconomic trends are also adding to investor concerns, particularly after recent policy announcements by former US President Donald Trump.

On April 3, 2025, Trump is set to impose 25% tariffs on automotive imports, a move that many experts predict will add inflationary pressures. Alberto Musalem, president of the St. Louis Fed, has warned that these tariffs could increase inflation by up to 1.2 percentage points, making a rate cut by the Federal Reserve in June far less likely.

Just a few weeks ago, markets were pricing in a 67.3% probability of a rate cut. However, this likelihood has now fallen to 55.7%, reducing the flow of capital toward risky assets like cryptocurrencies. The result is a more cautious market, where investors are reluctant to take on high-risk positions amid economic uncertainty.

XRP Faces a Challenging Path Forward

The combination of technical weakness and macroeconomic headwinds leaves XRP in a precarious position. If support at $1.32 breaks, the XRP price crash could lead to further losses, with the next target at $1.07. Conversely, if XRP manages to hold its current support, a potential rebound could push the price toward a bullish target of $2.55.

The next few weeks will be critical for XRP’s trajectory, with two key factors driving the outcome:

  1. Holding Key Support Levels: A failure to maintain support at $1.32 could accelerate selling pressure, while a successful defense could signal a bullish reversal. 
  2. Federal Reserve Policy Announcements: Any indication that the Fed may resume a more accommodative monetary policy could restore confidence in riskier assets, providing a boost to XRP. 

XRP’s Future Hinges on Economic and Market Dynamics

The evolving macroeconomic landscape remains a critical factor for XRP and the broader crypto market. The potential for rising inflation, coupled with tightening monetary policy, could create an environment where digital assets struggle to attract new capital.

However, a shift in the Fed’s stance or positive developments in the US economy could change the outlook. For now, traders and investors are proceeding with caution, knowing that the market’s next move could significantly impact XRP’s price trajectory.

Conclusion: Is an XRP Price Crash Inevitable?

As XRP price crash warnings grow louder, traders are bracing for volatility in the coming weeks. With critical support levels being tested and macroeconomic uncertainties weighing on sentiment, the outlook remains fragile. While a potential rebound is still possible, the downside risks cannot be ignored. Investors will need to stay vigilant and closely monitor both technical and economic developments to navigate this turbulent period.

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The US Stablecoin Market Gains Momentum

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The US stablecoin market is experiencing remarkable growth, driven by regulatory clarity, innovative tokenized assets, and institutional adoption. According to a report by Keyrock and Centrifuge, stablecoins circulated over $208 billion in the past year, facilitating more than $4 trillion in transactions—a 45% increase year-over-year. With rising demand for faster payments and secure digital transactions, the US is leading the charge in integrating stablecoins into mainstream finance.

USDC and USDT Lead Stablecoin Market Growth

Circle’s USDC has made significant strides, with its supply growing by $16.3 billion between January and March 2025, according to Artemis Analytics. USDC’s market cap has now reached a record $60 billion, reflecting growing confidence in its stability and transparency. However, Tether’s USDT remains the dominant player, with a market capitalization of $144 billion, although its growth rate slowed to just $4.4 billion over the same period.

Despite USDC’s rapid growth, USDT’s larger market share demonstrates that the stablecoin space remains competitive. Analysts predict that as the US stablecoin market continues to mature, both USDC and USDT will maintain strong footholds in the sector, providing investors with multiple options for digital payments and treasury management.

Tokenized US Treasuries Fuel Stablecoin Expansion

One of the most notable drivers of stablecoin growth in the United States is the surge in tokenized US Treasuries. The Keyrock and Centrifuge report highlights a 415% year-over-year increase in tokenized US Treasury assets—from $800 million to $4 billion. Major asset managers like Fidelity Investments, overseeing $5.8 trillion in assets, are entering the sector, providing legitimacy and fueling further growth.

Franklin Templeton’s on-chain money market fund, launched in 2021, has already amassed $689 million in assets. As more institutional players explore tokenized Treasuries, the US stablecoin market is expected to benefit from a robust foundation that blends traditional finance with blockchain technology.

US Congress Pushes Stablecoin Regulation

Regulatory clarity is another key factor behind the rapid growth of the US stablecoin market. On March 26, Rep. Bryan Steil, chair of the House Financial Services Committee’s crypto panel, and Rep. French Hill introduced the STABLE Act. This legislation establishes clear guidelines for issuing and operating dollar-backed payment stablecoins in the US.

A spokesperson for Rep. Hill emphasized the importance of providing clear rules for stablecoins to allow the market to flourish while protecting consumers and investors. Earlier, on March 13, the US Senate Banking Committee passed the GENIUS Act, proposing a comprehensive framework for regulating payment stablecoins.

“With growing momentum behind legislation like the GENIUS Act and major institutions and even states getting involved, the US is setting the tone for stablecoin adoption,” said Bhaji Illuminati, CEO of Centrifuge. This legislative push strengthens the US stablecoin market by aligning stablecoin adoption with national interests.

New Stablecoin Projects Shape the Future

As regulatory clarity improves, more US-based fintechs, banks, and asset managers are launching dollar-backed digital assets. Former President Donald Trump’s partnership with World Liberty Financial to create a new stablecoin, USD1, highlights the growing intersection between politics and digital assets. USD1 is designed to be redeemable 1:1 for the US dollar and backed by dollar deposits, US Treasuries, and other cash equivalents.

Additionally, the State of Wyoming is testing its own stablecoin, WYST (Wyoming Stable Token), across multiple blockchain networks. Governor Mark Gordon outlined the benefits of WYST at the DC Blockchain Summit, highlighting over-collateralization requirements and plans to direct treasury-generated interest to the state’s school foundation fund.

Barriers to Stablecoin Market Expansion

Despite rapid growth, several challenges could hinder the long-term expansion of the US stablecoin market. Caitlin Long, CEO of Custodia Bank, noted that tax and accounting rules remain significant barriers to adoption. “Stablecoins have always been the bridge between TradFi and crypto, which is why Custodia proposed to issue them back in 2020,” she said.

Mike Cahill, CEO of Douro Labs, pointed to regulatory ambiguity as the biggest obstacle. “Without clear guidelines, banks and institutions will undoubtedly stay on the sidelines,” Cahill remarked. He emphasized the need for fit-for-purpose frameworks that distinguish between stablecoins built for payments and those designed for speculative use.

Conclusion: The Future of the US Stablecoin Market

With growing regulatory clarity, institutional adoption, and increasing demand for tokenized assets, the US stablecoin market is poised for sustained growth. As policymakers continue to refine legislation and major players enter the space, the potential for stablecoins to revolutionize traditional finance is becoming clearer. However, regulatory challenges and technical hurdles will need to be addressed to ensure a smooth transition toward broader stablecoin adoption.

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