weekly updates about cryptocurrency
What has transpired in crypto during the last two weeks? Bitcoin is regaining popularity, the SEC is growing more open to cryptocurrency, and Solana is making a return. What else? Read the following:
Bitcoin: Cantor Fitzgerald is delving deeper into cryptocurrency with a new $3 billion BTC-focused company funded by Softbank and Tether. Metaplanet, a Japanese hotel operator, has increased its Bitcoin holdings to 5000 BTC in a strategic treasury drive. Coinbase is establishing a Bitcoin Yield fund with yearly returns of up to 8% for institutions. It will be available to non-US investors as well.
Grayscale develops an ETF focusing on BTC treasury holding and mining firms. Despite a $4.2 billion loss in the first quarter of 2025, the strategy is increasing its investment in Bitcoin by another $21 billion. One week ago, Arthur Hayes (the Bitmex man) told us that this may be the final chance to acquire BTC for less than $100,000, and it appears that he was virtually correct.
Altcoins and stablecoins: If you're already using the Arkada website for the Soneium airdrop, you may connect it to the RhinoFi bridge to earn some Rhino points in case an airdrop occurs shortly. A coalition of UK digital economy trade organizations has called on Prime Minister Keir Starmer to make cryptocurrency a strategic priority. In response, the UK government released a draft bill that would formalize market actors, including crypto exchanges and stablecoin issuers, while also addressing market abuse, admittance, and transparency regimes.
NFTs and blockchain games: Ubisoft collaborated with Immutable to release Might & Magic: Fates, a blockchain card game that brought the franchise into the blockchain world. I've been enjoying playing Golem Overlord on Hive recently, and I'd say it's fairly profitable, especially with the recent changes. On March 18, Splinterlands received a new Land NFT version and enhanced tokenomics. The presale for the current Conclave Arcana collection has begun, and we have top buyer incentives, promo card rewards, and even a raffle.