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PEPE buyers are attempting to step in at the current levels. A good sign for some crypto coins would be to retake that pre-election level where the previous rally started. PEPE has been relatively strong the past few days, especially compared to other bigger memes.
Durov had been required to remain in the country since his arrest seven months ago.
Quick Take International bank Standard Chartered has slashed its 2025 ether price target by 60% from $10,000 to $4,000, citing factors like Base’s growing market share. The Bank of Korea has ruled out the idea of creating a bitcoin reserve, citing its high volatility.
Quick Take The GMCI Meme index’s largest holdings have faced substantial selling pressure as speculative traders exit. The following is an excerpt from The Block’s Data and Insights newsletter.
Quick Take Magic Eden saw an explosive but short-lived surge in Ordinals trading, with daily volume averaging nearly $50 million for eight days, driven by the Idiots NFT mint. The following is an excerpt from The Block’s Data and Insights newsletter.
Quick Take Offchain Labs introduced the Onchain Labs initiative, which focuses on developing new decentralized applications for Arbitrum. The initiative was launched in partnership with the Arbitrum Foundation and will provide support for early-stage developers and teams.
- 12:47Brazil's largest bank, Itaú Unibanco, is considering issuing a stablecoinAccording to CoinDesk, Brazil's largest bank, Itaú Unibanco, is considering issuing its own stablecoin. The decision will depend on the final setting of the Brazilian Central Bank's stablecoin rules and the success or failure of US financial institutions in issuing stablecoins. Antunes, head of digital assets at Itaú, said that stablecoins are an "agenda item" for the bank and they are paying attention to the potential of blockchain in atomic settlements. Currently, Brazilian regulators are conducting public consultations (Public Consultation No. 111) on stablecoin regulation.
- 12:46MARA's Bitcoin production increased by 17% in March compared to the previous month, and its holdings increased to 47,531 BTCAccording to an announcement by MARA Holdings, a total of 242 blocks were mined in March 2025, an increase of 17% month-on-month. The daily BTC output was 26.8 coins, with a cumulative production of 829 BTC. The company's total BTC holdings increased to 47,531 coins. MARA stated that since its proprietary mining pool, MARAPool went live, its "luck value" has exceeded the network average by more than 10%, increasing block earnings. At the same time, MARA expects to complete the construction of a 40MW data center in Ohio by the end of April and continue expanding clean energy and computing power layout.
- 12:45Analyst: Trump's tariff policy triggers fluctuations in the cryptocurrency market, potentially a good opportunity to buy BTCAccording to The Block, after Trump announced the most severe tariffs in history, global financial markets fluctuated and Bitcoin fell from a high of $88,000 to around $82,000. Despite short-term volatility intensifying, several analysts believe that the elimination of market uncertainty has instead created buying opportunities. BRN's chief analyst Fournier predicts that Bitcoin will rebuild momentum and challenge $90,000 again. Meanwhile, there has been an inflow of $218 million into US Bitcoin ETFs indicating renewed interest from institutional investors. At the same time, mainstream altcoins like Ethereum continue to be weak and underperform compared to Bitcoin. Perfumo pointed out that the crypto market cycle will continue until adoption reaches critical mass.