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Top News By Agency By Country By Publication Time The Most Read Stories Most Viewed Agencies All News Crypto Weekly Roundup: Trump Courting Binance US, Ethereum Launches New Testnet, & More © Copyright Image: Crypto Daily™

Last week, both Rumble and Metaplanet invested heavily in Bitcoin while the U.S. Congress overturned the much controversial Broker Rule, a remnant from the Biden era. Additionally, Coinbase was also in the news as it has re-entered the Indian market after exiting it nearly two years ago. The firms CEO Brian Armstrong has also declared mass hiring plans, crediting the pro-crypto government of President Donald Trump. Lets read more. 

Bitcoin

Nasdaq-listed video-sharing and cloud infrastructure company Rumble has reinforced its treasury diversification strategy by announcing the acquisition of 188 Bitcoin (BTC) for approximately $17.1 million.

Japanese investment firm Metaplanets stock jumped over 8% following its latest purchase of 162 BTC, reaffirming its aggressive accumulation strategy and commitment to expanding its crypto holdings.

Ethereum

After several configuration issues on the Sepolia and Holesky testnets, the Ethereum Foundation has announced the launch of a new testnet to complete testing the Pectra upgrade and demonstrate the code update a final time before deployment. 

A leveraged Ethereum trade on Hyperliquid resulted in a rare outcome where a whale secured profits despite being liquidated, while the platforms liquidity pool absorbed a multi-million dollar loss.

Business

The Wall Street Journal has reported that members of former President Donald Trumps family have engaged in discussions to acquire a financial interest in Binance.US, the American affiliate of the worlds largest cryptocurrency exchange

Coinbase CEO Brian Armstrong has declared that the company has plans to hire 1,000 new employees in the U.S., citing President Trump's pro-crypto stance and policy shifts as key drivers behind the decision.

Security

Hardware wallet provider Trezor has resolved a security flaw in its Safe 3 and Safe 5 hardware wallets following a disclosure by rival Ledger, which uncovered a way to bypass some of Trezor's existing countermeasures against supply chain attacks.

Regulation

Finance officials in the European Union are worried US President Donald Trumps pivot towards digital assets could impact the Eurozones financial and monetary stability. 

Crypto exchange Coinbase announced that it has registered with Indias Financial Intelligence Unit (FIU) and received approval to offer crypto trading in the country after it left the region nearly two years ago due to regulatory issues. 

On March 11, the US House of Representatives and the Senate voted to overturn the Biden Administrations controversial Broker Rule, which compelled IRS disclosure requirements for certain crypto brokers, relieving excessive burdens on digital asset transactions. 

A new report by Dragonfly revealed U.S. users were excluded from billions in crypto airdrops due to regulatory geoblocking, leading to significant financial and tax revenue losses.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Read more: https://cryptodaily.co.uk/2025/03/crypto-weekly-roundup-trump-courting-binance-us-ethereum-launches-new-testnet-more

Text source: Crypto Daily™

Breaking News Written by Amara Khatri On Sun, 16 Mar 2025 Disclaimer: Financial information and news are not financial advice, read the disclaimer. Buy & sell Crypto in minutes

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