SBI VC Trade Gains Approval to Support USDC in Japan

As Japan opens its doors to foreign stablecoins and industry experts debate their role in blockchain legitimacy, the cryptocurrency landscape continues to evolve. SBI VC Trade has secured approval to process USDC transactions, positioning itself as a pioneer in Japan’s stablecoin market. Meanwhile, crypto analyst ZachXBT has sparked discussion by suggesting that the presence of major stablecoins is a key indicator of a blockchain’s legitimacy, drawing responses from Cardano and XRP Ledger proponents. SBI VC Trade Becomes First Japanese Platform to Support USDC as Stablecoin Regulations Loosen SBI VC Trade, a subsidiary of financial conglomerate SBI Holdings, has officially secured registration to support Circle’s USDC stablecoin. The move comes amid a broader regulatory shift in Japan, allowing foreign stablecoins greater accessibility within the financial system. On March 4, SBI VC Trade announced that it had completed the first stage of registration for stablecoin transactions, paving the way for the platform to process USDC transactions. The registration approval positions SBI VC Trade as a pioneering financial platform in Japan, with plans to roll out USDC trading in phases. A trial launch for selected users is set for March 12, followed by a broader rollout in the near future. Confirming the milestone, SBI VC Trade CEO Tomohiko Kondo took to X to share that the company had received notification from the Kanto Regional Financial Bureau’s Tokyo office regarding its registration as an electronic payment instrument trading business operator. “SBI VC Trade has become the first and only company in Japan to obtain a so-called stablecoin license,” Kondo stated, emphasizing the firm’s commitment to expanding USDC support. SBI VC Trade’s latest announcement marks a key moment in Japan’s evolving regulatory framework around stablecoins. The country had previously imposed a ban on foreign stablecoins, limiting their circulation within its financial ecosystem. However, a regulatory shift in 2023 lifted these restrictions, allowing foreign stablecoins to gain footholds in the Japanese market under specific compliance guidelines. This regulatory relaxation was reinforced in February when Japan’s Financial Services Agency (FSA) approved a report from a working group that recommended easing regulations surrounding stablecoins. These policy changes are expected to facilitate smoother integration of stablecoins into the financial system, particularly in remittance and settlement services. The approval for SBI VC Trade to process USDC transactions aligns with broader sentiments from Japan’s financial authorities. On the same day as SBI’s announcement, Financial Services Agency Commissioner Hideki Ito expressed his support for stablecoin adoption in Japan during the Fin/Sum 2025 event at Japanese Fintech Week. “Stablecoins are used soundly for the sophistication of remittance and settlement. I hope it will be done,” Ito stated in his speech , reinforcing Japan’s commitment to leveraging stablecoins for financial innovation. SBI Holdings and its subsidiaries have long been involved in digital asset adoption. The firm has engaged in numerous partnerships with US-based companies, including Ripple, which has played a key role in facilitating cross-border payments and blockchain innovations. Expanding Crypto Offerings at SBI VC Trade SBI VC Trade has already established itself as a major player in Japan’s cryptocurrency sector. The platform supports an array of digital assets, including Bitcoin (BTC), Ether (ETH), and XRP. With the addition of USDC, SBI VC Trade strengthens its offerings, providing users with access to one of the most widely used stablecoins in global cryptocurrency markets. The introduction of USDC trading on SBI VC Trade signals Japan’s increasing openness to digital assets and blockchain technology. As regulatory frameworks continue to evolve, Japan could emerge as a key market for stablecoin adoption, facilitating faster and more efficient financial transactions within its economy. The integration of USDC into SBI VC Trade’s platform represents a pivotal moment for stablecoins in Japan. With regulatory approval in place and a gradual rollout planned, SBI VC Trade is set to lead the charge in Japan’s stablecoin adoption. As Japan’s financial authorities continue to refine their stance on digital assets, the move could pave the way for broader cryptocurrency adoption across the country’s banking and financial sectors. Stablecoin Presence as a Legitimacy Indicator: ZachXBT Sparks Debate in Crypto Community In related news, crypto security analyst and Paradigm adviser ZachXBT has ignited discussions in the blockchain space by suggesting that the presence of stablecoins from major issuers like Circle, Tether, and Paxos is a key metric for determining a blockchain’s legitimacy. His remarks followed an announcement by US President Donald Trump on March 2, in which he revealed plans to include select digital assets in the country’s strategic crypto reserves. The list of assets comprised Bitcoin (BTC), Ether (ETH), XRP, Solana (SOL), and Cardano (ADA). On March 3, ZachXBT pointed out that neither Cardano nor the XRP Ledger (XRPL) currently hosts a supply of major stablecoins. He argued that if stablecoin issuers identified real economic value on these networks, they would have already integrated their stablecoins into them. According to ZachXBT, the presence of USDC, USDT, and Paxos stablecoins on a blockchain is a strong indicator of its legitimacy, as these issuers would naturally gravitate toward networks that offer substantial financial activity and adoption potential. The absence of these major stablecoins on Cardano and XRPL, he suggested, raises questions about their real-world utility and adoption. Cardano Foundation CEO Frederik Gregaard responded to these remarks in a statement, dismissing the notion that stablecoin circulation alone determines a blockchain’s legitimacy. Gregaard emphasized that legitimacy in blockchain is multifaceted and should be measured by factors such as security, decentralization, sustainability, development activity, real-world utility, and community engagement. Gregaard also pointed out that while major stablecoins like USDT and USDC are not natively issued on Cardano, they can still be utilized through the Wanchain Bridge. He noted that as Cardano’s transaction adoption and technical capabilities expand, major stablecoin issuers will likely take greater interest in integrating their assets into the network. “As transaction adoption increases and our capabilities expand, we anticipate growing interest from major stablecoin issuers, reflecting the maturity of the Cardano blockchain,” Gregaard stated. Additionally, he expressed the foundation’s openness to collaborating with stablecoin issuers to attract more stablecoins to the ecosystem. Despite the lack of direct stablecoin issuance from Circle, Tether, or Paxos, both the Cardano and XRP Ledger ecosystems have developed their own stablecoin offerings. In December 2024, Ripple introduced RLUSD, a stablecoin that was approved by the New York Department of Financial Services. RLUSD is already being traded on exchange platforms such as Uphold, MoonPay, Archax, and CoinMENA, with Ripple President Monica Long confirming plans to expand its availability to major exchanges. Similarly, Cardano has made strides in the stablecoin sector with the launch of Djed (DJED) in 2022. DJED is an overcollateralized stablecoin backed by ADA and uses Shen (SHEN) as a reserve asset. As of early 2024, Cardano also integrated the fiat-backed stablecoin USDM, which was hailed by the Cardano community as a major milestone. Chris Larsen’s XRP Holdings and the Market Impact ZachXBT also turned his attention to Ripple’s co-founder, Chris Larsen, revealing that wallet addresses linked to Larsen still hold approximately 2.7 billion XRP, valued at around $7.12 billion at current market prices. The revelation has sparked speculation over potential market impacts, particularly in light of past transactions from these wallets. According to ZachXBT, these wallets transferred roughly $109 million worth of XRP to exchanges in January, suggesting that additional sales could be on the horizon. However, he also noted that some of these addresses have remained dormant for over six years, leading to speculation that Larsen may have lost access to some of the funds or transferred them as early as 2013. Notably, in January 2024, Larsen suffered a major security breach when hackers stole 213 million XRP, valued at approximately $112.5 million at the time. The debate surrounding stablecoins and their role in blockchain legitimacy highlights a key division in the crypto industry. On one hand, proponents of stablecoin-centric metrics argue that liquidity and integration with top stablecoins are necessary indicators of a blockchain’s adoption and utility. On the other, industry leaders like Gregaard believe that legitimacy should be assessed through a broader set of criteria. While XRP Ledger and Cardano may lack direct support from major stablecoin issuers, their ongoing developments in the stablecoin space suggest that both networks are positioning themselves for future integration. As the cryptocurrency landscape continues to evolve, stablecoins will likely play an increasingly important role in shaping the competitive dynamics of blockchain ecosystems.

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CRO Sees a 40% Surge Amid Strategic Reserve Announcement: What’s Behind the Rally?

The cryptocurrency market is known for its volatility, but even with the regular ups and downs, some tokens truly stand out when it comes to making big moves. One of those tokens is $CRO , the native crypto of Crypto.com’s Cronos blockchain, which just so happens to hit the news quite a bit. Just over the past 24 hours, $CRO has soared by 40% to now sit at 10 cents with a market cap around $2.6 billion. This is undoubtedly related to a new token issuance proposal that is making its way around the ears of both investors and the crypto community at large. The proposal states that Cronos is reissuing 70 billion $CRO tokens, which had previously been burned back in February 2021. It’s all part of a larger scheme by the company to build a strategic reserve, which is something that’s gaining a lot of traction as a concept in the crypto market. The Token Issuance Proposal: A Key Driver for the $CRO Surge The recent surge in $CRO’s price can be attributed to the excitement surrounding Crypto.com’s proposal to reissue 70 billion $CRO tokens. These tokens were originally burned two years ago as part of a token reduction strategy to reduce the overall supply of $CRO and create scarcity, a tactic commonly used in the cryptocurrency market to increase the value of a token. Now, Crypto.com is taking the opposite approach by restoring the total supply of $CRO to its original 100 billion tokens. This decision has generated considerable interest in the market, and in response, the price of $CRO has rallied. The concept of strategic reserves is heating up, with CRO surging nearly 40% On March 3, $CRO surged nearly 40%, now priced at $0.10 with a market cap of $2.6B, likely driven by the new token issuance proposal. https://t.co/k5dkpU1Wvg 's Cronos project plans to reissue 70B… pic.twitter.com/yAT8YpnhXS — Followin (@followin_io) March 3, 2025 New tokens will be issued as part of a strategic reserve that will lock up these assets for the period of 10 years. They will be released in a linear unlock over the first 10 months of their existence, with the first monthly unlock happening 1 month after they are issued. They will lock up for 10 months total and then be spaced out in terms of timing, and never in large quantities at once, and that is the main way by which the reserve and unblocking process is supposed to not harm $CRO too much. For many investors, a strategic reserve is very appealing indeed. When you stake $CRO, part of what you are doing is locking up some of its total supply for a fairly long time. By doing this, you are giving a reliable signal that you are in it for the long haul, that you are not in some sort of get-rich-quick scheme where you unload as soon as the thing starts taking off. About a week ago, the company announced that it was going to start unlocking some of the newly issued $CRO that you might have staked back in 2020 or 2021. Still with me? Good. Because there is hanging on this announcement the question of what is going to become of the market for $CRO now that it is no longer a staking yield, but rather much more like a cash settlement to a futures contract. The Growing Popularity of Strategic Reserves in the Crypto Market Strategic reserves is a not totally novel idea in the crypto world, but it’s gaining traction. In what might be the first move of its kind by a cryptocurrency service provider, Crypto.com has gone and locked up in reserve some $10 billion worth of its own native cryptocurrency, the CRO (Crypto.com Coin). When you buy something using CRO, the company’s argument goes, you are helping to ensure that CRO has a long-term future. Because locking up $10 billion in reserves is probably not something you can pull off unless you’re a company with a vault full of cryptocurrencies. There are many possible advantages to having strategic reserves. For one thing, they assure us long-term holders that a substantial part of the token supply is safe and sound, not being traded this way or that, and that’s good for market stability. It’s much better, for example, if large holders (a.k.a. “whales”) can’t suddenly flood the market with a lot of sell orders. And it’s also much better if they can somehow manage their token supply more predictably. That is, these reserves could help avoid any sort of unpredictable market flow from the token’s supply. This recent development gives $CRO holders reason to feel optimistic, as it indicates that Crypto.com is adopting a proactive and sensible approach to its tokenomics. Furthermore, the reintroduction of the burned tokens, through the strategic reserve, could create a short-term sense of scarcity, which is often a “powder keg” for triggering price increases. In summary, there are two reasons to see this as a potentially positive development. What Does the Future Hold for $CRO? Undoubtedly, the immediate effect of the token issuance proposal on $CRO’s price is good, yet it might not be all that it seems. As good as it looks, can we really expect this price to hold up? Sure, the $CRO price reaching an all-time high has to be seen as an accomplishment, yet as they say: what goes up must come down, at least in the short term. Even so, one has to look at the token issuance proposal’s price effect and consider the other side of price effects: the long-term price effect. A major factor that could influence the success of this initiative is the demand for $CRO and the Cronos blockchain. Crypto.com has moved strongly to expand not only its set of offerings but also its user base, with the Cronos blockchain serving a not-so-small range of decentralized finance (DeFi) applications, NFTs, and other services that run on the blockchain. If Crypto.com can keep pushing the adoption of $CRO and the use of its ecosystem, then the value of this token should trend up over time. Conversely, the future of $CRO will significantly be decided by market conditions, competition from other blockchain platforms, and other large-scale economic factors. The crypto market is infamously unstable, and while a strategic reserve is a nice idea, there’s no reason to think that $CRO isn’t just riding an upward wave that it will inevitably come down from. To conclude, the recent surge in $CRO’s price is inarguably a result of Crypto.com’s clever maneuver of reissuing 70 billion tokens that had been held in vesting and staking contracts as part of its strategic reserve. This has generated quite a bit of hype in the investing community, with the potential to enhance both long-term stability and scarcity for $CRO, as the token now has even more potential to serve both use cases. And because this announcement is just the tip of the iceberg, with even more good news supposedly to come, excitement about the overall Cronos ecosystem seems to be at an all-time high. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any project. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, and Metaverse news! Image Source: peshkov/ 123RF

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Milo Surpasses $65 Million in Crypto Mortgage Volume

Milo continues to lead in crypto financing, reinforcing real-world utility for digital assets. MIAMI, March 4, 2025 /PRNewswire/ — Milo , a financial technology company and pioneer in crypto mortgage lending, has surpassed $65 million in total loan volume, highlighting the increasing demand for alternative financing. To date, Milo has originated over $250 million in mortgages across its various loan products, underscoring its expertise and the growing market interest in its innovative lending solutions. “Our mission is to bridge digital assets with real estate and build long term wealth,” said Josip Rupena, CEO and founder of Milo. “For many of our clients, fiat liquidity alone isn’t sufficient to qualify for a mortgage. We’re proud to redefine mortgage eligibility by allowing their Bitcoin wealth to count. As Bitcoin demand continues to rise, our solution becomes even more essential, enabling our clients to keep their Bitcoin forever and finally buy a home.” Milo offers up to 100% financing on home purchases, with loan amounts up to $5 million, eliminating the need for a cash down payment. By pledging digital assets as collateral, clients can invest in real estate while maintaining exposure to crypto appreciation. Milo safeguards client assets through industry-leading custodians Coinbase and BitGo while operating under strict regulatory oversight as a Soc2-compliant licensed lender. Miami Mayor Francis Suarez, the first mayor to receive his salary in Bitcoin and secure a crypto mortgage, praised Milo’s innovation: “Milo’s crypto mortgage let me buy property without selling my Bitcoin. This is the future of finance, and it’s happening in Miami.” Milo’s impact extends beyond home financing. Clients have built an additional $50 million in Bitcoin wealth by avoiding forced liquidations for down payments. The company has also returned over $30 million in Bitcoin to clients who have paid down or repaid their loans. Notably, Milo has never issued a margin call, even during extreme market volatility, underscoring its commitment to financial stability and responsible lending. Expanding Crypto Lending Solutions In addition to its crypto mortgage offerings, Milo recently introduced a crypto loan designed for digital asset holders seeking liquidity beyond mortgages. Soft-launched in Q4 2024 to its existing customer base, this product allows clients to borrow against their crypto holdings without selling, maintaining long-term investment potential. This expansion aligns with Milo’s vision of helping clients unlock financial flexibility while retaining ownership of their digital assets. Looking ahead, Milo is preparing to introduce additional lending solutions that cater to the evolving needs of digital asset investors. As the crypto market matures, Milo remains committed to pioneering innovative financial products that integrate digital assets into everyday financial decisions. About Milo Milo is a financial technology company reimagining access to financial solutions for digital asset holders. Leveraging proprietary technology and deep industry expertise, Milo created the first crypto mortgage and has originated millions in loans, providing real-world utility for crypto investors. Milo’s investors include M13, QED Investors, Metaprop, 10X Capital. For more information, visit www.milo.io . Media inquiries , info@pitchpublicrelations.com or press@milo.io .

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UNI Price Takes a Dip Amid Significant Outflows: Is It Time for a Strong Accumulation?

In the last 11 days, the decentralized exchange token, $UNI , has experienced outflows that have caught the attention of institutional investors and resulted in a price downturn. Approximately 7.33 million tokens worth around $63.18 million have been sent from Galaxy Digital, a no-small-fish in the cryptocurrency investment world, to major exchanges like Binance and OKX. While that’s quite a bit of sending, it’s also important to note that the price of $UNI has fallen in tandem—down from the $9.50 range to as low as $7.10—with only a tepid uptick from exchanges like Binance in terms of refunding $UNI to the exchange’s customers. Understanding the Outflows: Galaxy Digital’s Move and Market Impacts Moving 7.33 million $UNI tokens from Galaxy Digital to exchanges has raised some eyebrows and with good reason. Galaxy Digital is very well connected to the crypto world, to the point where most of the moves it makes tend to influence the market quite a bit. It just so happened that on November 6, 2023, Galaxy decided that it was time to move a massive amount of $UNI to places like Binance and OKX. Making this move during a time of high selling pressure for the overall crypto market—and for the $UNI token in particular—also leads to another reasonable question: Why now? The outflow from Binance, one of the major cryptocurrency exchanges, was substantial. Nevertheless, Binance did not see a large amount of $UNI being withdrawn, which could set up a bullish case for $UNI. If there are not significant amounts of $UNI being taken off of exchanges, that could mean that holders do not intend to sell in the short term. However, these events that have taken place in conjunction have cast a slight shadow over the sentiment of $UNI. In this period, the token’s value has significantly decreased. Having hit a high of $9.50, $UNI has now dropped to a low of $7.10, giving it a 25% decline overall. The price movement has gotten the attention of not just retail but also many institutional investors. They are now closely watching the token for signs that it may have put in a bottom. The Accumulation Zone: A Key Support Level for $UNI In the recent price decline, $UNI may have hit a crucial support zone, which has historically been a springboard for bullish reversals. Currently, the price of $UNI is stuck in a range between $5.43 and $7.00, a range that points to a crucial support level, where buyers have stepped in to accumulate the token in previous cycles. Until recently, the price of $UNI had been bouncing along this level on the way up. Those investors who have been closely observing $UNI will probably be turning their attention to this support zone as a potential entry point. When a token makes a significant retracement to a well-established support level, it’s usually seen as a buying opportunity for anyone who believes in the long-term prospect of the asset. The $5.43 to $7.00 range is viewed by many as a “strong long accumulation zone,” suggesting that $UNI may have hit a price point from which bullish momentum could be reignited. 在最近 11 天里,已有 733.1 万枚的 $UNI ($63.18M) 从 Galaxy Digital 流入 Binance 跟 OKX。 而同时期并没有大量的 UNI 从 Binance 提出,UNI 价格也在此期间由 $9.5 下跌最低到过 $7.1。 https://t.co/IWbjhXOfZv 本文由 #Bitget | @Bitget_zh 赞助 https://t.co/cJz4QWOavz pic.twitter.com/nmdO7MsPVt — 余烬 (@EmberCN) March 3, 2025 Whether $UNI can uphold its position in this support zone and steer clear of further downward moves is the crucial question for traders and investors. This range has shown impressive resilience, with recent price action demonstrating a tendency for $UNI to reverse its downtrend upon hitting the lower edge of the support zone. So, if you believe in $UNI’s long-term potential, now could be a sweet accumulation opportunity. Looking Ahead: Can $UNI Bounce Back? The recent price drop has left many in the market uncertain of $UNI’s future direction. Will it keep retracing like most of the other digital assets or will it finally respect the multiple layers of support it has around the $5.43 to $7.00 price range and bounce back? There’s no way to know for sure in this supercharged market, but some observers suspect that $UNI might be readying itself for a recovery after the latest leg of the overall crypto downtrend took it to the $5 area. Moreover, the outflows from Galaxy Digital and the low withdrawal activity from Binance suggest that the larger players in the crypto market are not ready to abandon $UNI yet. Similarly, if the demand for $UNI picks up in the next few days, especially within the key support zone, we might see a reversal in the token’s fortunes, pushing its price back over the $8.00 mark and possibly beyond. For those keeping an eye on $UNI, the current price levels might present a tempting chance to acquire the token at a discount. But the cryptocurrency market remains as uncertain as ever, and investors should adhere to the old adage that you must diversify to survive… in this case, by not only diversifying your portfolio of cryptocurrencies but also keeping a close watch on the not-so-distant past and an even closer watch on the present and future. What’s happening with the market as a whole? With Bitcoin? With Ethereum? These are matters of life and death for $UNI. To sum up, the recent decline in the price of $UNI, together with the large outflows from Galaxy Digital, has put the token in a historically significant support zone. The potential exists, of course, that this is just a support zone in a bear market and will be lost like so many other support zones in this cycle. But it is also possible that this is a base from which $UNI might stage a strong rebound. If it does, that strong rebound would make it a good candidate for anyone looking to capitalize on a future uptrend. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or using any service. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, and Metaverse news!

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Whales Spot a New Crypto with High ROI Potential – Priced at Just $0.015

The post Whales Spot a New Crypto with High ROI Potential – Priced at Just $0.015 appeared first on Coinpedia Fintech News Mutuum Finance (MUTM) is gaining attention among major investors looking for high-growth opportunities. With a presale price of just $0.015, early buyers are securing their positions before the token’s value climbs in later phases. The project’s decentralized lending platform offers real-world utility, making it more than just another speculative asset. As demand rises and whales accumulate, many see MUTM as a rare opportunity for significant returns. Mutuum Finance Presale Sees Rapid Growth Mutuum Finance ’s presale is moving rapidly, with nearly $2 million raised and over 3,700 holders securing their positions. The token price is set to rise in the next phase, providing a limited opportunity for early investors to acquire MUTM at its lowest value before the next increase. The first phase of the presale sold out quickly, with 110 million tokens purchased in less than two weeks. This strong early demand reflects growing investor confidence in the project and highlights the urgency for those looking to secure tokens before prices climb further. Unlike typical speculative investments, MUTM provides a strong foundation with its decentralized lending protocol. This gives users the ability to supply and borrow crypto assets while earning passive income, adding tangible value to the token’s ecosystem. As more investors recognize its potential, the presale is selling out fast. Large-scale investors, often referred to as whales, tend to invest in projects with strong fundamentals and long-term potential. The increasing whale activity around MUTM suggests growing confidence in its ability to deliver high returns. One key factor attracting these investors is the project’s unique lending system. Unlike traditional DeFi platforms, Mutuum Finance offers a dual lending model, allowing users to either contribute assets to liquidity pools or engage in peer-to-peer lending. This structure provides more flexibility and expands the range of earning opportunities for participants. Mutuum Finance stands out by providing an actual use case beyond simple speculation. Users who supply assets to the protocol receive mtTokens, which increase in value over time as interest accumulates. For example, someone depositing USDT into the platform receives mtUSDT, which grows based on market-driven APY rates. Borrowers can also leverage their holdings without selling their assets. By providing collateral, they gain access to liquidity while maintaining exposure to their investments. This makes MUTM a valuable asset for both passive income seekers and active traders. Analysts predict significant price appreciation for MUTM following its listing on exchanges. The presale launch price is set at $0.06, already offering a guaranteed return for early buyers. However, expert forecasts suggest that the token will surge far beyond this level, reaching $2–$3 in Q2 2025. The combination of increasing demand, a structured financial model, and a well-designed token utility creates strong conditions for price growth. As more investors participate, sustained interest in the token could drive further price appreciation. To incentivize early participation, Mutuum Finance has launched a $100,000 giveaway. Ten winners will each receive $10,000 in MUTM tokens, providing them with a strong entry into the ecosystem. This initiative not only rewards participants but also increases overall engagement with the project. Full details on how to join are available on the official Mutuum Finance website. With a strong presale performance, real-world utility, and increasing whale activity, Mutuum Finance is shaping up to be a major contender in the crypto market. As investors look for high-return opportunities, MUTM stands out as a token with both growth potential and practical use. With its price set to increase soon, those looking to invest early still have a chance to secure their position before the next phase begins. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance

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Infrared Raises $16M to Roll Out First Liquidity Staking Protocol on Berachain

Infrared, the first proof of liquidity (PoL) staking protocol on Berachain, has raised $14 million in a Series A round led by Framework Ventures. It brings the total amount raised up to $18.75 million after a $2.25 million strategic round led by Binance Labs and a $2.5 million seed round. Berachain is a layer-1 blockchain that transitioned to its mainnet on Feb. 6, airdropping a token to ecosystem and exchange users at the same time. The network differs from other blockchains as it uses a proof-of-liquidity consensus mechanism to reward users and protocols to provide liquidity. And Infrared becomes one of the first projects to benefit from that mechanism with its liquid staking solutions for Berachain's native BGT and BERA tokens. Users that stake native tokens to receive validator rewards will receive iBERA, a liquid staked token that can be used to generate an additional yield across other DeFi protocols. Infrared also becomes the first project to benefit from the Berachain Foundation's incubator named 'Build a Bera,' which announced that it was seeking start-ups to work with in January. "We believe Infrared’s protocol will unlock significant amounts of productive capital within the wider Berachain ecosystem, while maximizing efficiency and yield. This frees builders on Berchain’s framework to innovate in new ways," said Framework Ventures co-founder Michael Anderson.

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Ronaldinho’s $STAR10 Token Launch and Controversy: A Risky Venture for Investors

The football legend Ronaldinho, who is known the world over for his dazzling skills on the field, has entered the world of cryptocurrency with the launch of his own token, $STAR10 , on the Binance Smart Chain. The token, which is not related in any way to the symbol of the stars that adorn Ronaldinho’s name, has quickly gained attention. It boasts an impressive market cap of $238 million. In the big picture, however, this may not be quite so impressive. The token is a kind of digital collectible or, in more serious lingo, a utility token. Kind of. What it really is, is a meme coin. However, is it a legitimate meme coin? That may be under question now, and for good reason. Ronaldinho @10Ronaldinho has launched his own token, $STAR10, on the BNB Chain, with a market cap of $238M! The football legend has previously spoken highly of Binance founder @cz_binance . However, it's important to note that memecoins carry significant risks—proceed with… https://t.co/lTZs9Mu0q5 pic.twitter.com/Wlsn5oqZ57 — Followin (@followin_io) March 3, 2025 A Football Legend Entering the Crypto Space The introduction of $STAR10 represents an audacious undertaking by the Brazilian football star who has seen and taken numerous ventures since hanging up his boots. A collaboration with Binance—to the tune of an exciting new token, no less—has amplified the buzz surrounding it. Add to that the coupling with BSC (Binance Smart Chain), one of the hottest parts of the Binance ecosystem, and the opportunity for Ronaldinho to score a crypto coup is writ large. The token’s market cap has surged to $238 million, and it has quickly made a name for itself in the meme coin sector—an area of the cryptocurrency market often associated with high risk and volatility. While many speculate about the potential of $STAR10, it is crucial for would-be investors to understand the inherent dangers of going long on anything in the meme coin space. Quite frankly, the meme coin market has long been an easy target for regulatory authorities concerned about consumer protection. That is because many tokens serve no actual purpose and are propped up only by communities of miners, who endlessly churn out new coins, and community members who hope to cash in on their token’s rapid ascent. Controversy Surrounding Ronaldinho’s Alleged Business Deal Nonetheless, the exhilarating buzz associated with $STAR10 is being dampened by a grave allegation connected to Ronaldinho’s recent business activities. X user @R10coin_ has reported that Ronaldinho has entered into a questionable partnership with a Shenzhen company that specializes in issuing tokens, many of which are being deemed outright scams. In May 2024, negotiations began with Ronaldinho to launch a project in the world of cryptocurrency. By January 2025, an agreement was reached whereby the X user and his team were to work with the legendary football player on this crypto project. The agreement was worth $6 million, with the first half of that figure paid up front. Collaboration between the guys and Ronaldinho was now firmly established. But almost immediately after that, a wrench was thrown into the works. Another deal was discovered involving Ronaldinho and a different company—this one worth $10 million. The company based in Shenzhen is said to have used aggressive and deceptive marketing to promote meme coins with no real value. It has been reported to issue several fake virtual currency projects each month, sinking its teeth into the ‘quick harvest’ strategy many cryptocurrency companies are now using. This involve a very sharp increase in the price of tokens, really artificially jinned up prices of tokens, and then a very rapid sell-off, where they dump their tokens back onto the market. The Sale of Ronaldinho’s X Account: A Strategic Move with Questionable Ethics An even more controversial move, Ronaldinho allegedly sold his X account to the Shenzhen company for $5 million, reportedly to promote their token. The account’s sale, combined with his active promotion of the cryptocurrency, has led to accusations of him using his brand for personal profit, to the detriment of investors. The deal has sparked outrage from @R10coin_ and others involved in the initial token project, who feel Ronaldinho’s actions have burned them. @R10coin_ has given Ronaldinho a severe condemning for his decision to breach the original agreements. The tweet seems to suggest (if I’m interpreting it correctly) that Ronaldinho did this without the consent or communication of his original partners. Although there’s a whole lot of speculation going on, the gist of it seems to be that Ronaldinho’s actions may have led to a scam, with lots of funds flowing out of an operation that was supposedly under contract to @R10coin_, and into the bank accounts of a lot of people who were really good at running away with money. Community Report: Ronaldinho Sold His X Account for $5 Million to a Shenzhen "Token Issuing" Team According to X user @R10coin_ , "Ronaldinho ( @10Ronaldinho ) collaborated with a Chinese (Shenzhen) team to issue tokens and scam investors. In May 2024, @R10coin_ began formal… https://t.co/lTZs9Mu0q5 — Followin (@followin_io) March 3, 2025 What This Means for $STAR10 and Its Investors Concerns about the long-term viability of the $STAR10 token have been raised by the disclosures about Ronaldinho’s business dealings. For the many investors who find the prospect of putting their money into a token supported by a football legend like Ronaldinho, these exciting times are now somewhat dampened by the appearance of these allegations. While the $STAR10 token may still have some potential, if you ask me, what it has going for it too is its association with Ronaldinho. And if the formation of this association was as questionable as these reports now suggest, it may be high time to rethink these tokens. Investing in them may now seem to be endorsing a fraudulent pyramid scheme. Meme coins are notoriously random, and projects like $STAR10 are no different. As with other tokens in this space, prices can skyrocket and then just as quickly plunge when the underlining fundamentals are found to be wanting. Investors might consider doing the opposite of what the project’s celebrity backer is doing and be especially wary of tossing around too much faith toward a project that lacks (as the economist John Kenneth Galbraith might say) “courage, clarity, and conviction,” or has been connected to such things as an apparent top-up for an ailing concert venue. As the situation develops, $STAR10’s investors need to stay alert. The token’s early success might suggest there is some growth potential, but the persistent controversy surrounding it could very well erode that nascent investor confidence. Tokens associated with meme coins and celebrity-driven projects tend to be precarious; it’s not clear yet whether $STAR10 will prove to be a safe harbor, or whether it will run aground on some of the same rocky shoals that have claimed several similar ventures. Ultimately, investors face a high-risk proposition with Ronaldinho’s $STAR10 token, and recent allegations against him have only heightened that risk. Caution is always warranted in the world of cryptocurrency, and especially so when considering tokens tied to celebrities. Ronaldinho’s in particular may be less an investment opportunity and more a test of faith in his alleged character. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or using any service. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, and Metaverse news! Image Source: sergeybitos/ 123RF

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Bitget Wallet unveils new AI Token Analysis feature

Web3 non-custodial wallet, Bitget Wallet, has launched a new feature called AI Token Analysis, which helps users navigate the AI coin landscape in real-time. According to a press release sent to crypto.news, users can now access the AI Token Analysis feature through the K-line page of supported tokens on the Bitget Wallet app. The feature gives traders real-time insights and market trends in the form of a curated feed of key discussions. Traders who wish to invest in AI-related tokens like FARTCOIN ( FARTCOIN ), GRIFFAIN ( GRIFFAIN ), VIRTUALS ( VIRTUALS ) and many more will be able to use the new feature to monitor real-time market trends, social media discourse, news, influencer discussions and many more market sentiments to make informed trading decisions. According to the press release, the feature is only available for certain tokens but more assets will be added in the future. You might also like: Berachain mainnet launches on Bitget Wallet with airdrop rewards COO of Bitget Wallet, Alvin Kan observed there is a growing demand among traders who require real-time and reliable market insights in a way that is fast and accessible, especially in the rapidly changing crypto landscape. “AI Analysis simplifies market research by delivering clear, real-time intelligence, helping traders make informed decisions faster. This is just the beginning — we are committed to expanding AI-driven tools to enhance the on-chain trading experience,” said Kan. According to research conducted by VanEck, AI-driven solutions are expected to generate around $10.2 billion in revenue by 2030. After the emergence of AI into the crypto space in 2024, more and more public blockchains are integrating AI into their operations, expanding its capabilities beyond market analysis to include predictive modeling, automated strategies, and deeper data-driven insights. According to data from CoinGecko, at press time the overall market cap of AI coins have reached $25,3 billion, though it has gone down by more than 20% since the crypto market experienced a decline today. Read more: AI, Gaming and other crypto sectors crash worse than Bitcoin in 2025

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Dramatic Mexican Peso Plunge: US Tariffs Trigger Critical Forex Market Impact

Is the Mexican Peso on the brink of a major downturn? As U.S. tariffs take effect, the currency is teetering dangerously close to a low point, sending ripples of concern through the Forex market and beyond. Let’s dive into what’s happening, why it matters, and what could be next for the Mexican economy and global finance. Why is the Mexican Peso Under Pressure? Understanding US Tariffs The primary driver behind the Mexican Peso’s recent struggles is the implementation of US Tariffs . These tariffs, imposed by the United States on certain goods imported from Mexico, are designed to influence trade policies and potentially bring manufacturing back to the U.S. However, they have a significant and often immediate impact on the Mexican economy. When tariffs are placed on Mexican goods, they become more expensive for U.S. consumers. This can lead to reduced demand for Mexican exports, which in turn weakens the Mexican economy and puts downward pressure on the Mexican Peso . Here’s a breakdown of how tariffs create this pressure: Reduced Export Competitiveness: Tariffs increase the cost of Mexican goods in the U.S. market, making them less competitive compared to domestically produced goods or imports from countries without tariffs. Decreased Demand for Peso: As exports potentially decline, there’s less demand for the Mexican Peso to facilitate these transactions. Lower demand typically leads to a decrease in the currency’s value. Investor Uncertainty: Tariffs create uncertainty in the business environment. Investors may become hesitant to invest in Mexico due to concerns about reduced trade and economic growth, further weakening the Mexican Peso . Potential for Retaliation: Trade disputes often lead to retaliatory tariffs from the affected country. If Mexico were to retaliate against U.S. tariffs, this could further escalate tensions and negatively impact both economies. The Ripple Effect: How Currency Devaluation Impacts Mexico When we talk about the Currency Devaluation of the Mexican Peso, we’re referring to its decrease in value relative to other currencies, particularly the US dollar. This devaluation has a wide range of consequences for the Mexican economy and its people. While some might see a weaker currency as beneficial for exports in theory, the reality is often more complex and challenging, especially in the short to medium term. Let’s explore the multifaceted impact of a weaker Peso: Impact Area Positive Effects (Limited & Conditional) Negative Effects (More Pronounced) Exports Potentially makes Mexican exports cheaper for foreign buyers, theoretically boosting export volumes. Increased import costs for Mexican businesses that rely on foreign inputs, potentially leading to higher production costs and reduced competitiveness in the long run. Inflation None Imported goods become more expensive, leading to higher inflation. This erodes purchasing power for consumers and can lead to a decrease in living standards. Debt None Mexican debt denominated in foreign currencies (like US dollars) becomes more expensive to service in Peso terms, increasing the debt burden. Investment Potentially attracts foreign investment seeking cheaper labor and assets (if political and economic stability is maintained). Increased uncertainty can deter foreign investment due to concerns about economic instability and reduced returns in foreign currency terms. Domestic investment may also suffer due to inflation and economic uncertainty. Tourism Mexico becomes a more affordable tourist destination for those holding stronger currencies, potentially boosting tourism revenue. None Navigating the Forex Market Volatility: What Does This Mean for Traders? For those active in the Forex Market , the Mexican Peso’s volatility presents both opportunities and risks. Currency fluctuations can lead to profitable trades, but they also carry the potential for significant losses. Understanding the factors influencing the Peso, such as US tariffs and broader economic trends, is crucial for informed trading decisions. Here are some key considerations for Forex traders watching the Mexican Peso: Stay Informed: Keep a close eye on news related to US-Mexico trade relations, tariff announcements, and economic data releases from both countries. These events can trigger rapid movements in the Peso’s value. Risk Management is Key: Volatility is inherent in Forex trading, and even more so during periods of economic uncertainty. Employ robust risk management strategies, including stop-loss orders, to protect your capital. Consider Technical Analysis: Utilize technical analysis tools to identify potential trading opportunities and trends in the USD/MXN currency pair. Look for support and resistance levels, chart patterns, and indicators that can provide insights into price movements. Understand Correlation: Be aware of how the Mexican Peso might be correlated with other currencies and asset classes. For example, emerging market currencies often move in tandem. Long-Term vs. Short-Term Views: Decide whether you are taking a short-term trading approach to capitalize on volatility or a longer-term investment perspective. Your strategy will depend on your risk tolerance and market outlook. Beyond Mexico: Emerging Markets and Global Trade Tensions The situation with the Mexican Peso is not isolated. It’s a symptom of broader trends impacting Emerging Markets and the global trade landscape. Rising trade tensions, protectionist policies, and geopolitical uncertainties are creating headwinds for many developing economies. When a major economy like Mexico, closely tied to the US, experiences currency pressure due to tariffs, it sends a warning signal to other emerging markets that are also vulnerable to shifts in global trade dynamics. What are the broader implications for emerging economies? Increased Vulnerability: Emerging markets heavily reliant on exports are particularly vulnerable to trade disputes and tariffs. Currency fluctuations can exacerbate existing economic challenges. Capital Flight: Increased risk perception in emerging markets can lead to capital flight, as investors move their funds to safer assets or developed economies, further weakening emerging market currencies. Supply Chain Disruptions: Trade tensions can disrupt global supply chains, impacting businesses across borders and potentially leading to higher costs for consumers worldwide. Slowed Global Growth: Escalating trade disputes and protectionism can dampen global economic growth, as trade volumes decline and business investment is curtailed. Geopolitical Instability: Trade conflicts can spill over into broader geopolitical tensions, creating further uncertainty and risk in the global landscape. What’s Next for the Mexican Peso and Global Markets? Actionable Insights Predicting the future is always challenging, especially in the volatile world of Forex and international trade. However, by understanding the key factors at play, we can develop a more informed perspective on potential future scenarios for the Mexican Peso and global markets. Here are some actionable insights and points to consider: Monitor Trade Negotiations: The trajectory of the Mexican Peso will heavily depend on the evolution of trade relations between the US and Mexico. Any signs of easing tensions or negotiated agreements could provide relief to the Peso. Conversely, further escalation of tariffs would likely intensify the pressure. Central Bank Actions: The actions of the Bank of Mexico (Banxico), the country’s central bank, will be crucial. Banxico may intervene in the Forex market to support the Peso or adjust interest rates to manage inflation and currency pressures. Keep an eye on their policy announcements and interventions. Global Economic Outlook: The overall health of the global economy will also play a role. A slowdown in global growth could further weaken emerging market currencies, including the Peso. Conversely, a robust global recovery could provide some support. Diversification and Hedging: For businesses and investors with exposure to the Mexican Peso, diversification and hedging strategies are essential to mitigate risk. This could involve diversifying investments across different currencies and asset classes or using financial instruments to hedge against currency fluctuations. Long-Term Economic Reforms: In the long run, Mexico’s economic resilience will depend on its ability to implement structural reforms that enhance competitiveness, diversify its economy beyond reliance on the US market, and foster a stable and attractive investment climate. Conclusion: Navigating the Peso’s Perilous Path The Mexican Peso’s current predicament serves as a stark reminder of the interconnectedness of the global economy and the profound impact that trade policies can have on currency values and national economies. As US Tariffs cast a shadow over the Mexican economic outlook, the Peso faces a critical juncture. The situation demands careful monitoring, strategic responses from policymakers and businesses, and a deep understanding of the complex interplay between trade, currency markets, and global economic forces. For investors and businesses alike, navigating this volatility requires a proactive and informed approach, emphasizing risk management and adaptability in a rapidly changing global landscape. To learn more about the latest Forex market trends, explore our articles on key developments shaping currency valuations and geopolitical impacts.

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Stablecoins $USDT and $USDC Reach Record Highs in Active Addresses: What’s Driving the Surge?

Digital currencies tied to stable assets like the U.S. dollar have witnessed an upswing in popularity. The number of active addresses for two of the largest stablecoins —Tether (USDT) and USD Coin (USDC)—hit record highs in recent months. Tether appears to have the most impressive growth in active users, but together these two stablecoins show a trend toward more decentralized use. The use cases are varied and include cross-border transactions, decentralized finance (DeFi), trading, and market arbitrage. Stablecoins have found a sweet spot in the cryptocurrency ecosystem. They offer the digital creatures with all the Forrester research predicted several years ago: the speed and efficiency of digital currencies, with the stable, predictable value of fiat currency. And whether by design or function, they are quickly pleasing the authorities in D.C. who have been worried about the stability and safety of the American financial system. A look at what is behind the uptick in active addresses for $USDT and $USDC. Why Are Active Addresses for $USDT and $USDC on the Rise? The surge in active addresses for both Tether (USDT) and USD Coin (USDC) indicates that an increasing number of individuals are gravitating toward these stablecoins for practical, real-world applications. As we know, these stablecoins offer the opportunity to move value around the blockchain quickly and efficiently, without the price fluctuation risk that’s often associated with digital currencies. What I’d like to do in this post is break down the reasons, or the pain points, that $USDT and $USDC seem to be solving. 1. Fast and Low-Cost Transactions One of the main reasons stablecoins are on the rise is their ability to offer rapid, low-cost transactions compared to traditional payment systems. Sending stablecoins is far cheaper and quicker than using customary banking services or international wire transfers, which can often take days to process and involve high fees. As the cryptocurrency ecosystem matures, stablecoins like $USDT and $USDC are increasingly becoming the go-to option for people and businesses who need to send funds quickly and with minimal transaction costs. Moreover, stablecoins are usually constructed on blockchain networks like Ethereum, Binance Smart Chain, and other similar networks that allow for almost instant transfers. This makes them a much more appealing choice than old payment systems, which might be partially held up by slow transfers and expensive middlemen. 2. Cross-Border Transfers Without the Hassles Another important factor pushing up the use of stablecoins is their ability to facilitate international money transfers quickly and cheaply. Sending money to another country, especially one with a different currency, can bog down the whole banking and payments system. It can be slow and can use up a lot of money. But stablecoins can work around this whole traditional barrier system. You can send stablecoins to your friend in Peru, and they can simply use the stablecoin directly or convert it to Peruvian soles for local transactions. And all of this can happen much faster and at a lower cost than if you had used traditional banks or payment systems. Active Addresses on Tether ($USDT) & USD Coin ($USDC) Are Hitting Record Highs The number of active addresses for Tether ($USDT) and USD Coin ($USDC) has reached new highs. USDT has seen the biggest increase, while $USDC is also gaining more users over time. Think… pic.twitter.com/xRZ3FtoBZZ — Maartunn (@JA_Maartun) March 2, 2025 The USDT and USDC stablecoins offer people and businesses a way to send or receive funds worldwide that is not bogged down by the usual banking delays and the heftier fees that come with foreign exchange and international transfers. If anything, using these digital dollars only seems to be gaining momentum as the global remittance market expands. The total amount sent across borders via stablecoin was less than a drop in the bucket compared to the $1.2 trillion overall remittance market—it would be like using a teaspoon to transfer the contents of a swimming pool. Even so, the stablecoin solution is being touted as a more effective and efficient way for people in this space to do a better job serving their customers. 3. The Role of Stablecoins in DeFi and Crypto Trading Over the past few years, decentralized finance (DeFi) platforms have surged in demand, giving users decentralized substitutes for traditional banking services. Of many DeFi platforms in operation today, a good number conduct their business in stablecoins, the very medium of exchange that the DeFi ecosystem, according to its designers, requires in order to function in a reliable and efficient manner. Stablecoins are digital assets that, unlike the main cryptocurrencies of today (like Bitcoin and Ethereum), do not experience wild fluctuations in value. That’s because stablecoins (or at least the types that are commonly used in DeFi) are pegged in some way to a stable underlying asset, like the U.S. dollar. $USDT and $USDC are crucial to a number of DeFi systems, where they perform essential functions like that of yields, and even exceed in some instances the type of yields you could get in a traditional bank at a traditional savings account. When you lend out your stablecoins, you’re obviously earning interest. When you use stablecoins, you’re also providing much-needed liquidity to DeFi systems. And even when stablecoins are used as anything other than a medium of exchange (which, by the way, is something stablecoins do without invoking the specter of a U.S. dollar), they’re serving a function that’s almost, but not quite, like those of money: functional, lubricating, as part of a payments ecosystem and the economy. And when you’re trading, whether you’re using the at-the-moment prices of stablecoins or not, you’re engaging in an ecosystem that includes, well, liquidity. 4. A Safe Haven During Market Swings Besides enabling trading and DeFi functions, stablecoins are swiftly gaining ground as a go-to safe haven during market swings. The time-tested volatility of the crypto market has been amply documented. Traders and investors alike are on a perpetual quest to find ways of preserving their value during downturns or stretches of uncertainty. In this respect, stablecoin options like $USDT and $USDC are far from being just another DeFi gimmick. They are well-thought-out responses to the crisis of confidence affecting all cryptocurrencies that we seem to have in contemporary times. During times of high instability, when digital currencies such as Bitcoin or Ethereum undergo swift valuation shifts, traders frequently rush to stablecoins as a means of risk reduction and loss containment. By allocating their funds to stablecoins, traders can bypass the wild gyrations of the digital currency market at large, rendering the stablecoin an almost miraculous token that, for the time being, sidesteps the even more wild price changes of its brethren. This particular use case has exploded in the last few months as a consequence of the recent market crash. The Future of Stablecoins and Their Growing Role in the Global Financial System The increase in active addresses for Tether ($USDT) and USD Coin ($USDC) is just the start of a much larger trend. More individuals, businesses, and platforms are adopting stablecoins, and for good reason. With their speed, low cost, and relative stability, stablecoins occupy a space in our financial ecosystem that is only likely to expand as we adopt more digital-to-digital payment methods. Here’s a list of some of the good reasons why this adoption is happening: 1. For international transfers, stablecoins have a proven record. 2. They’re being used more and more in decentralized finance. 3. As for just holding them? Stablecoins are store-of-value crypto. While the adoption of stablecoins climbs, regulatory scrutiny looks set to follow. Worldwide, governments are paying ever-closer attention to the stablecoin situation, and the apparently urgent need for a clear regulatory framework seems to be directly tied to the growing influence of the stablecoins themselves. In the meantime, $USDT and $USDC appear to be reaping the rewards of the very impressive use cases they seem to have. To sum up, the soaring number of active addresses for Tether and USD Coin serves as a reliable and efficient evidence of the growing trust in stablecoins as a means of transacting. Stablecoins have shown to be a key tool for the booming cryptocurrency ecosystem. Be it through cross-border payments, participation in DeFi, or using them as a safe haven in times of market volatility, stablecoins are definitely a big part of the emergent crypto world. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any project. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news! Image Source: katisa/ 123RF

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