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Polygon Founder Slams State of Crypto: Time to Escape AOL Era The crypto industry has made major strides over the past decade. However, according to Polygon co-founder Sandeep Nailwal, crypto is still in its early, awkward stage, comparable to the AOL (America Online) dial-up era of the internet – one of the main ways people accessed the internet back then. Nailwal’s critique highlights the growing pains holding the space back from mainstream adoption and what needs to happen before blockchain technology can achieve its full potential. In recent interviews, Nailwal described today’s crypto landscape as equivalent to the late 1990s internet, where accessing the web was slow, clunky, and highly technical. He argues that despite explosive market growth, the average user still faces too many barriers when interacting with crypto platforms. https://99bitcoins.com/news/polygon-founder-slams-state-of-crypto-time-to-escape-aol-era/

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Sulkian pfp

🐬 ☢️ V¦Ö¦I¦Ð G¦Λ¦Z¦Ξ 🐬 ☢️ Abyssal echo. Fossilized code stirs within the grey coil. The void gazes back.

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Crypto VC Maven 11 raises $107 million for third fund amid cautious LP climate Maven 11, a European crypto venture capital firm, has closed its third fund at $107 million — slightly exceeding its original $100 million target — the firm's chief investment officer and managing partner Balder Bomans told The Block. The fundraise closed about nine months later than initially expected, with capital providers or limited partners (LPs) showing increased caution amid challenging crypto market conditions. "We've seen and experienced that capital providers have been more sensitive towards VC funding due to the general market conditions, part of which can be ascribed to the large and wide losses after the many 2022 fallouts," Bomans said. https://www.theblock.co/post/348474/crypto-vc-maven-11-third-fund

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The Daily: Trump removes bitcoin's 'last existential risk,' Hyperliquid delists JELLYJELLY after another whale manipulation event and more The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. Happy Wednesday! With a relatively calm crypto market currently in "wait-and-see" mode, analysts at K33 predict more tariff-driven volatility as we approach President Trump's "Liberation Day" next week. https://www.theblock.co/post/348334/the-daily-trump-removes-bitcoins-last-existential-risk-hyperliquid-delists-jellyjelly-after-another-whale-manipulation-event-and-more

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Bitcoin Poised For Next Big Move? BTC Still Trading Inside A Key Chart Pattern This year has been remarkably rough for Bitcoin and the broader crypto market, driven by unfavorable macroeconomic and political conditions. Even though BTC hit a new all-time high of $109,000 earlier this year, the flagship asset has been under robust bearish pressure, causing a drop to about $76,000. However, BTC has started to gain upward movements, which analysts believe could be a part of a bigger uptrend. Next Major Move To Be Determined By Chart Pattern As Bitcoin demonstrates upside momentum following its recovery above $87,000 again, a persistent trend has been identified in its current price action. Captain Faibik, a seasoned crypto analyst and trader has revealed that BTC’s price dynamics center around a key chart pattern, particularly the Falling Wedge formation. https://bitcoinist.com/bitcoin-inside-a-key-chart-pattern/

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Bitcoin Price Bid For $87,000 Sends Short Traders Running As Liquidation Losses Cross $110 Million The Bitcoin price surge toward $87,000 has ignited a wave of short liquidations, forcing bearish traders to close their positions at a loss. In the last 24 hours, the total market liquidation passed $200,000, with the majority of this loss coming from short positions. According to liquidation heatmaps from Coinglass, Bitcoin alone has accounted for $77.33 million in liquidations, with $67.04 million coming from short positions. This indicates that a large number of short traders expected BTC to decline but were forced to exit as prices moved against them and hit the $87,000 mark. https://bitcoinist.com/bitcoin-price-bid-for-87000/

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HARRY 🫂💔 pfp

Each moment spent with you is a beautiful dream always my dream do you remember those days which we spent together beneath tress. Good evening

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Trump's Policies Threaten US Dollar Dominance, Warns Economics Professor In a recent essay for the Financial Times that is heating up discussions in economic circles, Berkeley professor and author of Exorbitant Privilege: The Rise and Fall of the Dollar, Barry Eichengreen argues that President Donald Trump’s policies are significantly undermining the foundations of U.S. dollar dominance and international economic relationships. Eichengreen highlights concerns over America’s economic exceptionalism, noting a decline in the U.S. share of global exports and the potential negative impact of Trump’s tariff policies and unilateral sanctions on the dollar’s status. https://news.bitcoin.com/trumps-policies-threaten-us-dollar-dominance-warns-economics-professor/

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South Korea Eyes Sanctions For Unregistered Foreign Crypto Exchanges Operating Illegally South Korean financial authorities are considering sanctioning and blocking access to multiple overseas crypto exchanges, including BitMEX and KuCoin, for allegedly offering their services to Korean customers without registration. On Friday, local news media outlet Hangyung reported that South Korea’s Financial Intelligence Unit (FIU) of the Financial Services Commission (FSC) has identified multiple foreign crypto exchanges providing services to Korean customers without proper registration. The financial authority found that many well-known overseas crypto exchanges, including BitMEX, KuCoin, CoinW, Bitunix, and KCEX, have not registered as Virtual Asset Service Providers (VASPs) despite targeting Korean users. https://bitcoinist.com/south-korea-eyes-sanctions-for-unregistered-foreign-crypto-exchanges-operating-illegally/

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bhaumik pfp

bro last week was a spreadsheet

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Van Hoach pfp

Expensive Taste https://i.pinimg.com/736x/62/dd/a2/62dda2a294b6aeed2227f1f9e610aef4.jpg

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Trump Declares Vision For America As The ‘Undisputed Bitcoin Superpower’ President Donald Trump recently addressed the Blockworks Digital Asset Summit in New York City, outlining his ambitious aspirations to establish the United States as an important force in the cryptocurrency sector, with Bitcoin (BTC) at the forefront. During his speech, Trump proposed the creation of a national stockpile of Bitcoin along with legislative guidance aimed at fostering a supportive environment for the crypto industry. “We’re ending the last administration’s regulatory war on crypto and Bitcoin,” he declared, signaling a stark departure from the regulatory stance of the Biden administration, which has taken a more cautious approach towards cryptocurrencies. https://bitcoinist.com/trump-declare-america-undisputed-bitcoin-superpower/

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Solana Layer 2 Solaxy ($SOLX) has raised $27 million in its giant presale, underscoring the popularity of the go-to next-generation blockchain. Solaxy is gaining much attention for its plan to obliterate the congestion problems afflicting the Solana network. But Solana’s growing pains are not holding it back, and implementing Layer 2 scalability solutions like Solaxy can achieve much more. Solana ($SOL) is trading 1.7% higher at $133, as all major altcoins plus bitcoin trade in the green. Bitcoin is shifting up a gear to $85,741 in a 3.6% move. Among the Solana coins, a clutch has shown resilience over the past 24 hours. Dogwifhat ($WIF) is up 8.75% at $0.495, Fartcoin ($FARTCOIN) advanced 24% to $0.344, decentralized exchange native token Raydium ($RAY) is at $1.85 for a 10.8% gain, and SPX6900 ($SPX) is 7.6% higher to $0.437. https://99bitcoins.com/news/has-powell-just-set-bullrun-back-in-motion-fartcoin-leads-meme-revival-solx-blasts-27m-raised/

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Indexy pfp

New KPIs are live 🎉 Try Indexy’s Beta now 👇 https://indexy.xyz

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UNI token holders approve $165.5 million in new foundation funding, laying groundwork for long-promised 'fee switch' The Uniswap community has voted in favor of two governance proposals to drive growth of the recently launched Unichain Layer 2 and Uniswap v4 protocols through a new grants program and other liquidity incentives. Notably, the governance decision lays the groundwork to activate the long-promised "fee switch." Both proposals, part of the "Uniswap Unleashed" plan, aim to expand the Uniswap ecosystem and mark "the beginning of our community's next era" by unlocking "new opportunities to build, grow and to create and capture value," the Uniswap Foundation wrote on the social media platform X. https://www.theblock.co/post/347172/uni-token-holders-approve-165-5-million-in-new-foundation-funding-laying-groundwork-for-long-promised-fee-switch

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Alana Levin pfp

Farcade games have really leveled up in the past week Cool to see the impact the Studio product is having already

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Coinbase launches Verified Pools in select regions to provide more transparent onchain liquidity The crypto exchange Coinbase said on Tuesday that it had launched Verified Pools, a set of liquidity pools available only to those verified by the firm. Individuals and institutions in eligible locations in the United States, Singapore, Netherlands, British Virgin Islands, Cayman Islands, and the Channel Islands can use Coinbase's Verified Pools to offer safer and more transparent digital asset trading without intermediaries, according to the company release. Users can connect to the pools with the institutional-grade Prime Onchain Wallet, Coinbase Wallet or another wallet stamped with a Coinbase Verifications credential. https://www.theblock.co/post/346934/coinbase-launches-verified-pools-in-select-regions-to-provide-more-transparent-onchain-liquidity

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Hashdex Seeks to Add Solana, XRP and Cardano to Index ETF Holding Bitcoin and Ethereum Hasdex has asked the U.S. Securities and Exchange Commission to approve an amendment that would allow the digital asset manager to add XRP, Solana, Cardano and other major altcoins to its Hashdex Nasdaq Crypto Index US ETF (NCIQ), according to a filing with the regulator Monday. The fund, which currently focuses primarily on Bitcoin and tracks a smaller percentage of Ethereum, would also include Chainlink, Uniswap, Litecoin, and Avalanche. The filing comes as issuers have aimed to add coverage of altcoins in their crypto-tracking exchange-traded funds. In recent months, fund managers have proposed new investment offerings directly tracking the prices of a variety of cryptocurrencies, from Dogecoin to XRP, Solana, and even Donald Trump’s official meme coin. https://decrypt.co/310193/hashdex-solana-xrp-cardano-etf-bitcoin

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How To Pick Crypto Tax Software? If you interacted with crypto during 2024, a crypto tax software is a must-have tool for you to calculate your cryptocurrency gains and losses in this tax season. Cryptocurrency exchanges are different than traditional stock brokers like Fidelity or JPMorgan. These brokers issue a consolidated Form 1099-B listing all your annual proceeds, cost basis and gains/losses from stock transactions. However, crypto exchanges like Coinbase & Gemini are not required to issue such tax forms for the 2024 tax year. Therefore, the burden of properly calculating gains and losses to be reported on the tax return falls on you. (Note that crypto exchanges will be required to issue a Form 1099-DA starting the 2025 tax year) https://www.forbes.com/sites/shehanchandrasekera/2025/03/16/how-to-pick-crypto-tax-software/

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Cardano Is ‘About To Break Free’ – Breakout Above Crucial Supply To Trigger A Big Move–Analyst Altcoins and Cardano have been caught in extreme market swings, with high volatility and panic-driven sell-offs dominating price action. Since the start of March, ADA has lost over 44% of its value, reflecting the broader negative sentiment surrounding altcoins as investors remain uncertain about the market’s next move. The entire crypto market has been under heavy selling pressure, and altcoins like Cardano have been hit the hardest. With fear gripping traders, ADA has failed to reclaim key levels, leaving many wondering if further downside is ahead. However, some analysts believe that a recovery rally could be on the horizon. https://www.newsbtc.com/news/cardano/cardano-is-about-to-break-free-breakout-above-crucial-supply-to-trigger-a-big-move-analyst/

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