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news-imageMarch 11, 2025

Market Cap of Top Five Stablecoins Surges to New All-Time High of $204,700,000,000, According to Analyst

A closely followed analyst says that the total market cap of the five largest stablecoins has reached heights never seen before. Crypto trader Ali Martinez tells his 131,400 followers on the social media platform X that the top five dollar-pegged crypto assets by market cap have a total valuation of $204.7 billion.
Publisher: The Daily Hodl
Sentiment: Positive
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Positive
cover-imageCointelegraph
March 11, 2025

Coinbase plans India comeback with FIU registration

Cryptocurrency exchange Coinbase is one step closer to relaunching its services in India after securing a license with the country's Financial Intelligence Unit (FIU). On March 11, the crypto exchange revealed on social media that “we're approved to launch in India,” which prompted a follow-up from Coinbase's chief legal officer, Paul Grewal.

general-iconGeneral
Positive
cover-imageCryptonews
March 11, 2025

Bitcoin-Based NFT Collection Taproot Wizards Reveals Public Sale

The sale of the highly anticipated collection Taproot Wizards will begin on 25 March, the team just announced. The post Bitcoin-Based NFT Collection Taproot Wizards Reveals Public Sale appeared first on Cryptonews.

general-iconGeneral
Negative
cover-imageCointelegraph
March 11, 2025

Centralized data infrastructure violates Web3's core of decentralization

Opinion by: Michael O'Rourke, founder of Pocket Network and CEO of Grove Open data is currently a major contributor toward building a global emerging tech economy, with an estimated market of over $350 billion. Open data sources often rely, however, on centralized infrastructure, contrary to the philosophy of autonomy and censorship resistance.

general-iconGeneral
Positive
cover-imageCryptopolitan
March 11, 2025

Crypto projects attract $2.27 billion in early 2025 despite market volatility

Crypto projects have attracted more than $2 billion in investments from venture capital (VC) firms in 2025, confirming that investors' interest in crypto remains high. According to data from Defillama, VCs invested more than $1 billion each into crypto projects within the first two months.

general-iconGeneral
Neutral
cover-imageCryptonews
March 11, 2025

Bank of Korea to Launch CBDC Trial for 100,000 Consumers, Enabling Retail Transactions

South Korea is launching a CBDC trial with 100,000 consumers, using digital currency-backed deposit tokens for retail transactions, potentially shaping the future of digital payments and financial innovation. The post Bank of Korea to Launch CBDC Trial for 100,000 Consumers, Enabling Retail Transactions appeared first on Cryptonews.

general-iconGeneral
Positive
cover-imageCryptoSlate
March 11, 2025

Coinbase secures re-entry to Indian crypto market with FIU approval

Coinbase has secured approval from India's Financial Intelligence Unit (FIU), positioning itself to re-enter the country's crypto market. The exchange announced on March 11 that it intends to launch retail trading services later this year, with further investments and product rollouts to follow.

general-iconGeneral
Positive
cover-imageTokenpost
March 11, 2025

Coinbase Nears Full Comeback in India with FIU Registration

Coinbase (COIN) is on the verge of fully re-entering the Indian market after securing registration with the Financial Intelligence Unit (FIU), marking a significant step toward resuming its crypto trading services. The Nasdaq-listed exchange, which previously faced regulatory hurdles in India, is now gearing up to expand its footprint in the country.

general-iconGeneral
Neutral
cover-imageTokenpost
March 11, 2025

U.S. Senators Push New Stablecoin Bill with State and Federal Oversight

The latest draft of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act introduces a major shift in stablecoin regulation, aiming to balance oversight between state and federal authorities. The bill, backed by Senators Bill Hagerty (R-TN), Tim Scott (R-SC), Kirsten Gillibrand (D-NY), Cynthia Lummis (R-WY), and Angela Alsobrooks (D-MD), was initially proposed in February and has now been updated before a key Senate Banking Committee hearing.

general-iconGeneral
Neutral
cover-imageCointelegraph
March 11, 2025

Paxos CEO urges US lawmakers to set cross-border stablecoin regulation

US lawmakers are set for a heated debate on stablecoin regulation, with key industry leaders expected to outline their vision for the future of digital asset oversight.Charles Cascarilla, co-founder and CEO of stablecoin issuer Paxos, is scheduled to testify before the House Financial Services Committee, urging lawmakers to establish “cross-jurisdictional reciprocity” in stablecoin regulations. In his prepared testimony, Cascarilla flagged concerns about the existing hurdles in the adoption of Paxos' Global dollar (USDG) stablecoin due to it being issued via a regulated affiliate in Singapore.

general-iconGeneral
Neutral
cover-imageTheNewsCrypto
March 11, 2025

US Stablecoin Bill Revised Ahead of Key Senate Banking Vote

The GENIUS Act updates aim to regulate stablecoins, fostering innovation and protecting consumers. US-based stablecoin issuers like USDC gain an edge with stricter rules for foreign competitors.

general-iconGeneral
Positive
cover-imageCoingape
March 11, 2025

Europe Takes Lead in Crypto Banking Amid US Crypto Threat

Europe has emerged as a frontrunner in crypto banking outpacing global powers in the race. Though US President Donald Trump's crypto policies pose a significant threat to Europe's monetary autonomy, the continent leads in terms of crypto-friendly banks.

general-iconGeneral
Negative
cover-imageTheNewsCrypto
March 11, 2025

Is the Crypto Market Headed for More Losses?

The global crypto market cap declined by 1.48% to $2.63T as investor sentiment weakened. Market liquidations hit $620M, with long positions facing $527M in losses.

general-iconGeneral
Positive
cover-imageCrypto Daily
March 11, 2025

How Decentralized AI Makes Human Creativity More Valuable

AI-powered tools hold vast potential in the creative space. They can create a unique image every time, generate visuals with hundreds of style and customization options, and make modifying elements to meet needs and specifications simple.

general-iconGeneral
Negative
cover-imageBitcoin
March 11, 2025

Sentiment Shock: Investor Fear Erases $5.5 Trillion as Stock and Crypto Markets Collapse

According to analysis by The Kobeissi Letter, a rapid shift from extreme greed to extreme fear among investors—not the U.S.-China trade war—has driven a historic $5.5 trillion collapse in global markets since mid-February. Risk Aversion, Not Tariffs, Drives Historic $5.5 Trillion Market Crash The S&P 500 and cryptocurrency markets have collectively lost $5.

general-iconGeneral
Negative
cover-imageBitDegree
March 11, 2025

EU Races to Defend Euro as US Embraces Digital Assets

European officials are increasingly concerned that the US government's support for digital assets, particularly stablecoins tied to the dollar, could weaken the euro's role and disrupt financial stability in the region.

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Neutral
cover-imageAltcoin Buzz
March 11, 2025

ECB to Launch Digital Euro CBDC by October 2025

The European Central Bank (ECB) is seeking to wrap up its preparation phase for a digital euro by October 2025. However, questions remain about whether the project will succeed.

general-iconGeneral
Positive
cover-imageCryptoSlate
March 11, 2025

Kraken strengthens UK crypto regulatory standing with FCA electronic money license

Kraken has secured authorization as an Electronic Money Institution (EMI) from the UK Financial Conduct Authority (FCA), marking a critical regulatory milestone in its expansion strategy in the United Kingdom. Trading under Payward Ltd, Kraken is also one of 31 crypto companies listed on the FCA's “cryptoasset register.

general-iconGeneral
Negative
cover-imageCoinspeaker
March 11, 2025

Anzen's USDZ Stablecoin Depegs – Is Another Collapse Coming?

Real-world asset-backed stablecoin Anzen USDz (USDZ) has been struggling with high volatility and shows signs of a significant depeg. USDZ, an RWA-backed stablecoin by Anzen on Base network, is seeing high price turbulence as its supply grew above its market cap. USDZ has struggled to keep its peg to the U.S. dollar since December 2024.

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