Brazilian Fintech Unicorn Meliuz Embraces Bitcoin for Treasury

Meliuz: A Big Step into the World of Cryptocurrency

Imagine a company that’s like a big, smart money manager. This company, called Meliuz, has decided to do something really interesting. It’s going to put some of its spare cash into a kind of digital money called Bitcoin. Let’s find out why this is a big deal and what it means for Meliuz and other companies.

Why Bitcoin?

Meliuz wants to put up to 10% of its cash reserves into Bitcoin. This is like putting some of your pocket money into a piggy bank that’s a bit different. Other companies, like MicroStrategy, have done this and it seems to have worked well for them[1]. So, Meliuz wants to try it too. By doing this, Meliuz hopes to:

    • Spread out the risks of its money, so it’s not all in one place.
    • Maybe make some more money in the long run, if Bitcoin’s value goes up.

The First Big Purchase

Meliuz has already bought 45.72 Bitcoins for $4.1 million[1]. This is like buying a big, shiny new piggy bank! This shows that Meliuz is serious about its new plan and believes that Bitcoin could be a good place to keep its money. It also shows that Meliuz wants to find new ways to make its shareholders happy[2].

What Does This Mean for Other Companies?

Meliuz’s decision could be a big deal for other companies, especially in the fintech and e-commerce world in Latin America. It shows that businesses are starting to think that cryptocurrencies could be a good idea. If more companies do this, it could help cryptocurrencies become a bigger part of the way we handle money.

Challenges and Opportunities

While this plan has some exciting possibilities, it also comes with some challenges. Bitcoin’s value can go up and down a lot, like a rollercoaster. But, if Meliuz can handle these ups and downs well, the long-term benefits could be worth it.

A Step into the Future

Meliuz’s decision to put some of its money into Bitcoin is like taking a big step into the future. It’s like saying, “Let’s see what this new world of digital money is all about!” This could help Meliuz become a leader in the fintech world and maybe even inspire other companies to do the same. It will be exciting to see what happens next!

Sources:
bitget.com
advfn.com

Ethereum Surges to $2,300 as Capital Flows to Layer 2 Solutions

Ethereum’s Big Jump to $2,300

Recently, Ethereum (ETH) has had a big price increase, reaching $2,300! This happened because more people are using something called Layer 2 solutions. These solutions help Ethereum work faster and cost less. As more people use them, Ethereum’s value goes up.

Ethereum’s Price Goes Up and Down

Ethereum’s price has been going up and down between $2,100 and $2,350 lately. It has strong support around $2,100-$2,150, which means it might go back up if more people want to buy it and trading gets more active. If it goes above $2,350, it could go up to $2,400 or even $2,450! But, Ethereum’s price also depends on what people think about the market in general.

If people are careful, Ethereum might not change much and just stay in a narrow range. This could be a good thing because it gives Ethereum a stable base to grow from. But it also shows that the market is still uncertain.

Layer 2 Solutions Help Ethereum Grow

Layer 2 solutions, like Optimism and Polygon, help Ethereum work better by handling transactions off the main blockchain. This makes Ethereum faster and cheaper to use. More people are using these solutions, which helps Ethereum’s price go up.

Even when Ethereum’s price goes down, big holders are still buying more. This shows that they believe in Ethereum for the long term. If Layer 2 solutions keep making Ethereum better, it could go up in price in the future.

Other Things Can Affect Ethereum’s Price

Things like new rules or big events can also affect Ethereum’s price. An important event is the White House Crypto Summit on March 7. If they say good things about cryptocurrencies, Ethereum’s price could go up to $3,000 or even higher! But if they don’t say good things, the price might go down.

Ethereum’s Future: Growth and Uncertainty

In short, Ethereum’s big jump to $2,300 is because more people are using Layer 2 solutions and the market is doing well. Ethereum could keep going up, especially if things go well at the White House Crypto Summit. But there’s also a chance that the market will be volatile, which means it will go up and down a lot. Ethereum is still a big deal for investors and users, even though there’s always some uncertainty in the cryptocurrency market.

Sources:
CoinStats
CoinGape

BioNexus Pioneers: First Nasdaq Firm to Embrace Ethereum Treasury

BioNexus Makes Big Move with Ethereum

BioNexus Gene Lab, a company listed on the Nasdaq, has done something amazing! It’s the first company on this big stock market to use Ethereum for its money management. This is a huge change in how companies handle their money, using blockchain technology to make their money work better and earn more.

Why Ethereum, Not Bitcoin?

BioNexus chose Ethereum over Bitcoin for some great reasons. Ethereum isn’t just a digital money like Bitcoin; it’s a platform that can do many things. It can make money for you just by holding it, which is like getting interest on your savings. This can turn Ethereum from a passive thing into something that makes you money[1][3]. With Ethereum, you can earn about 3% to 5% a year just by holding it, which is really good for managing money[1][3].

Big Players Like Ethereum

Many big financial companies like Ethereum too. Important companies like BlackRock and Fidelity are interested in it. Ethereum is also used to make and move stablecoins, which are digital coins that keep their value steady. These coins are used for trillions of dollars’ worth of transactions each year, showing how important Ethereum is in the global financial system[1][3].

Good Rules Help Ethereum Thrive

Wyoming, where BioNexus is based, has rules that make it easy for companies to use digital money. The Wyoming Stable Token Act helps blockchain businesses do well[3]. Also, Ethereum is getting better with a new system called Pectra, which will make it work faster and smarter[2][3].

Challenges and the Future

Even with this big change, BioNexus has some problems. It got a warning from Nasdaq in December 2023, but it plans to fix this by splitting its shares[1]. But by using Ethereum, BioNexus wants to be a leader in using blockchain for corporate finance, which could help it manage its money better[4].

Ethereum: A New Way to Manage Money

BioNexus’ decision to use Ethereum for its money management shows us a new way for companies to handle their money. By using Ethereum’s smart features, making money with staking, and seeing how big players like it, BioNexus is showing us the future of corporate finance. As blockchain technology keeps getting better, we can expect more companies to use it in new ways to manage their money.

Sources:
unlock-bc.com
ccn.com
cryptoslate.com
cryptonews.com
benzinga.com

Ethereum: Most Undervalued in 17 Months — Can ETH Reach $4K Again?

Ethereum’s Journey: Can It Reach $4,000 Again?

Ethereum, the second-biggest cryptocurrency, has had a tough time lately. Despite this, some experts think Ethereum is currently underpriced, giving investors a chance to buy now. Let’s look at Ethereum’s current situation, its potential for growth, and if it can reach $4,000 again.

Ethereum’s Current Situation

Ethereum’s price has been up and down, recently reaching $2,295 after going below $2,000[1][3]. However, the overall market trend is still going down, with more Ethereum being supplied and more being held on exchanges, putting pressure on prices[2]. In the past month, the amount of Ethereum in circulation has increased by 66,350 ETH[2].

Also, there have been big money withdrawals from Ethereum ETFs, with $63.3 million taken out of the ETHE fund on March 5, 2025[5]. This shows that investors are feeling bearish and are changing their investments.

Ethereum’s Potential for Growth

Even with these challenges, there are signs that Ethereum could make a comeback. In the past, when many Ethereum holders were losing money, it often led to big price increases[2]. Analyst Brian Quinlivan from Santiment thinks Ethereum could do well in 2025 because of how it has done in recent years[2].

Ethereum’s ability to change and adapt, like with upgrades like the Pectra upgrade, could make it more valuable in the long run[1]. But these upgrades also have their own problems, which could affect when Ethereum’s price goes up[1].

Can Ethereum Reach $4,000 Again?

For Ethereum to get back to $4,000, it needs to overcome some big obstacles. It must break through its current resistance levels and keep going up. This would need a big change in what people think about Ethereum, maybe because more people start using it or because of big technological advancements[3][4].

Ethereum also needs to deal with the problem of more Ethereum being supplied and more being held on exchanges. If these things decrease, it could help stabilize prices and make it easier for Ethereum to grow[2].

Lastly, Ethereum’s success will depend on how it handles broader market conditions. Global economic factors and changes in rules can greatly affect cryptocurrency prices, so Ethereum needs to be strong and able to handle these challenges[2][4].

Conclusion: A Way Forward

In conclusion, even though Ethereum has big challenges, its current underpricing gives long-term investors a chance. To reach $4,000, Ethereum needs to overcome supply pressures, improve what people think about it, and be strong in a volatile market. As Ethereum keeps changing and innovating, it’s a cryptocurrency to watch in the coming months.

Sources:
CoinStats
The Currency Analytics
FOREX24.PRO
Blockchain.News

Russia’s Largest Crypto Exchange Halts Services After Tether Freezes Wallets

Introduction: Trouble in Russian Crypto

Big news in the world of cryptocurrency! Garantex, a major Russian exchange, has stopped all its services. This happened after Tether, a big player in stablecoins, froze over $27 million worth of USDT on Garantex’s platform[1][3][5]. This move has caused a stir in the Russian crypto market and shows how Western sanctions are affecting Russian finances.

The Story So Far: Sanctions and Accusations

Garantex has been in trouble for a while. The U.S. Treasury’s Office of Foreign Assets Control (OFAC) first sanctioned Garantex in April 2022. They said Garantex was helping with illegal transactions, including ones linked to darknet markets and ransomware groups[1][3]. Recently, the European Union also added Garantex to its sanctions list. They accused Garantex of helping Russian banks that are under EU sanctions[5].

Tether’s Move: What Happened Next

Tether’s decision to block Garantex’s digital wallets holding over 2.5 billion rubles (around $28 million) in USDT has caused Garantex to stop its services temporarily[1][5]. Garantex has warned that all USDT in Russian wallets could be at risk[1][3]. Garantex has said it will fight this decision and that it won’t be the only one affected by such actions[3].

What Does This Mean for Russia’s Crypto Market?

The suspension of Garantex’s services is a big deal, not just for Garantex, but for the whole Russian crypto sector. The Russian Central Bank has reported that more people are using crypto because of economic restrictions[2]. But with exchanges like Garantex facing severe sanctions and asset freezes, the future of crypto in Russia looks uncertain.

Why This Matters Globally

This situation shows how cryptocurrencies, sanctions, and politics are all connected. As crypto becomes more important in the global financial system, people are watching to see if it’s being used to get around sanctions. The actions against Garantex are a warning to other exchanges and people involved in similar activities to follow the rules[4].

What’s Next: A New Era of Crypto Rules

The shutdown of Garantex’s services is a big moment in the story of crypto regulation and sanctions. As countries around the world try to deal with the challenges of digital currencies, they need clear and strong rules. What happens to Garantex and the Russian crypto market will likely affect how other sanctioned entities deal with international finance and digital assets.

Sources:
crypto.news
cryptoslate.com
investing.com

CD Projekt Red Launches Official Blog, Diving into Game Development and Current Projects

CD PROJEKT RED’s New Blog: A Fun Way to Learn About Game Making

CD PROJEKT RED, the team behind super popular games like *The Witcher* and *Cyberpunk 2077*, has started an official blog! This is great news for fans and anyone interested in how games are made. Let’s check out what this blog has to offer.

What’s in the Blog?

The blog is like a big treasure chest full of interesting stuff. You can find out about the latest news on CD PROJEKT RED’s games, learn how games are made, and even listen to podcasts about game development. It’s like having a secret pass to the game-making world!

How Games are Made

One of the coolest things about the blog is that it explains how games are made, step by step. For example, they show us how they create game levels. They start with something called a ‘blockout’, which is like a simple, early version of the level. Then, they add more details until it looks like the final game level. It’s like watching a game grow up!

News about Games

CD PROJEKT RED is working on some really exciting games, and the blog keeps us up-to-date with all the news. We can read about new expansions, upcoming games, and even get sneak peeks behind the scenes. It’s like having a friend who works at the game studio and tells us all the cool stuff happening there!

The AnsweRED Podcast

There’s also a podcast called AnsweRED. It’s hosted by two friendly guys, Sebastian and Paweł, and they talk about all sorts of things related to game making. They invite guests from CD PROJEKT RED and other game studios to share their knowledge. It’s like a fun class where we can learn about game making from the experts!

Why You Should Check It Out

CD PROJEKT RED’s blog is not just a place to find game news. It’s a community where we can learn, ask questions, and share our thoughts about game development. Whether you’re a big fan of their games or just curious about how they’re made, this blog is a must-visit!

So, grab your adventurer’s hat and let’s explore the wonderful world of game making together!

UK’s New Law Kills 20-Year-Old Browser Game Urban Dead

Online Safety Act: A Game Changer for the Web

In an unexpected twist, a popular 20-year-old browser game, Urban Dead, has been shut down due to the UK’s new Online Safety Act. This move shows that this law can have big effects on online games and communities. Let’s find out more about this act and what it means for online games.

What’s the Online Safety Act?

The Online Safety Act 2023 is a new law in the UK that aims to protect people online. It makes digital services like social media and search engines follow new rules. These rules include finding and fixing risks of harmful content. Ofcom, the UK’s communications regulator, will make sure these rules are followed.

How Does It Affect Games Like Urban Dead?

Urban Dead, a game that lets players interact and create their own content, had to shut down because of this new law. The game’s operators might have found it hard to follow the act’s strict rules. Here’s what the act says:

    • Risk Assessments: All online services must check for and fix risks of harmful content by March 16, 2025.
    • Ofcom’s Powers: Ofcom can ask for information, check if rules are followed, and even visit places to make sure the law is obeyed.
    • Penalties: If rules are not followed, there can be big fines – up to 10% of global revenue or £18 million, whichever is greater.

Balancing Safety and Freedom

The Online Safety Act wants to keep people safe online, especially children. But it also raises questions about censorship and how it might affect smaller online communities and games.

What Does This Mean for Online Games?

The shutdown of Urban Dead shows that the Online Safety Act can have a big impact on online games. Game developers and service providers need to understand and follow these new rules. The online world is changing, and this act will shape what we can see and do online.

Sources:

Solana Co-Founder Prefers ‘No Reserve’ Despite SOL’s Inclusion

Solana Boss Prefers No Crypto Reserve, Even with SOL Included

The world of cryptocurrency is buzzing with talks about a possible US crypto reserve. This idea is like the government keeping a special collection of cryptocurrencies, similar to how countries keep gold. But not everyone thinks this is a good idea. Anatoly Yakovenko, the boss of Solana, says he prefers no US crypto reserve, even though Solana (SOL) is on the list[1][3]. Let’s find out why he thinks this way and what it means for the future of cryptocurrencies.

Why Centralization is a Problem

Yakovenko’s main worry is something called centralization. He thinks that if the government controls a crypto reserve, it could ruin the decentralized nature of cryptocurrencies[1][3]. Decentralization means that no one person or group is in charge. Transactions can happen without banks or governments being involved. But if the government is in charge of a crypto reserve, there’s a risk that this decentralization could fail, as Yakovenko puts it[1].

What’s the Alternative?

Even though Yakovenko would prefer no reserve at all, he also suggests another idea. He thinks it might be better if states were in charge of their own crypto reserves. This could help protect against mistakes made by the Federal Reserve[1][3]. By having states manage their own reserves, it might make things safer.

Clear Rules for Inclusion

Another important thing Yakovenko says is that there should be clear, measurable rules for which tokens can be in a national reserve. He thinks these rules should be fair and make sense. Right now, only Bitcoin might meet these standards, but the rules should be “rationally justified”[1][3]. This way, only tokens that deserve to be in a reserve are included, not just because of politics or guesswork.

What’s Going On?

On March 2, US President Donald Trump said he wants to include several cryptocurrencies in a special reserve. This includes Solana (SOL), XRP, Cardano (ADA), Bitcoin (BTC), and Ether (ETH)[1][3]. Some people think this is a good step towards cryptocurrencies being more accepted. Others worry about what it means if the government gets involved.

What’s Next?

In the end, the talk about a US crypto reserve shows how tricky it is to balance government rules with the idea of decentralized cryptocurrencies. Yakovenko’s thoughts show that many people in the crypto world are worried about keeping the good parts of blockchain technology. As we figure out what the future holds, it’s important to think about the good and bad sides of the government being involved with cryptocurrency reserves.

Sources:
TradingView
Cointelegraph
CoinTime

Boost Yield: Defi & Spot Market Join Forces

DeFi Partnership: More Money for Spot Traders!

Welcome to the World of DeFi
In the fast-changing world of decentralized finance (DeFi), some smart partnerships are making it easier for spot market traders to earn more money. These team-ups want to make DeFi more user-friendly and profitable. One cool example is Bleap’s “Earn” feature, which works with Angle Protocol to help users get dynamic yields from stablecoins like USD and EUR[2]. Let’s dive in and see what’s happening in the DeFi world!

What’s DeFi and Why It’s Cool
DeFi is like a money revolution! It uses blockchain tech to cut down on middlemen, make things more transparent, and boost security[5]. It helps more people join the financial world, creates new money products, and saves you money on transactions[5]. For spot traders, DeFi is a great place to earn extra cash without giving up control of your assets.

Bleap and Angle Protocol: A Winning Team
Bleap’s “Earn” feature is a non-custodial solution that lets you switch from regular money to DeFi yields in just seconds. By teaming up with Angle Protocol, users can use USD and EUR-backed stablecoins to earn yields of about 11% for USD and 5% for EUR[2]. This partnership makes it super easy to earn DeFi yields, so more people can join in the fun!

How It Works
The extra money you earn comes from a mix of stablecoins, real-world asset tokens, and DeFi deposits that earn yields. People who borrow stablecoins from the protocol also help by paying interest[2]. This way, you get steady returns while keeping control of your assets.

What’s In It for Spot Traders?
For spot market traders, these partnerships bring some awesome benefits:
More Money: You can earn higher yields than with traditional money stuff.
Control and Safety: Non-custodial solutions keep you in charge of your assets, reducing risks from others[2].
Easy Access: DeFi protocols teaming up with user-friendly interfaces makes it simpler for traders to join in without needing too much tech knowledge.

More to Come!
As DeFi keeps growing, partnerships like Bleap and Angle Protocol will likely add more features. In the future, we might see spot trading and perpetuals, letting users try out more DeFi activities and diversify their savings[2]. This will make DeFi even more appealing for spot market traders!

The Future of DeFi
The Bleap-Angle Protocol partnership is a big step towards making DeFi more accessible and profitable for spot market traders. By offering high yields and keeping users in control, these team-ups are changing the money world. As DeFi keeps evolving, we’ll probably see more cool partnerships that make DeFi even better for traders worldwide.

Sources:

Ethereum’s Undervalue Opportunity: Can ETH Reach $4K Again?

Ethereum: A Hidden Treasure in a Changing Market

In the ever-changing world of cryptocurrencies, Ethereum (ETH) has recently been called the most undervalued in 17 months. This means that right now, ETH might be worth less than what people think it should be. Let’s explore the current state of Ethereum and see if it can go back to being worth $4,000 again.

Ethereum’s Current Market Situation

Ethereum has had some tough times recently. The number of ETH tokens in circulation has been growing, and more ETH is being held on exchanges. In the past 30 days, the number of ETH tokens in circulation increased by about 66,350, which is worth around $138 million at current prices[2]. This increase in supply, without a matching increase in demand, has put downward pressure on Ethereum’s price. Also, the amount of ETH on exchanges has gone up by 2% in the past week, which could mean that people are selling ETH and pushing prices down even more[2].

But Ethereum has shown that it can bounce back. On March 5, 2025, ETH went from being worth less than $2,000 to reaching $2,220 in just one day. This shows that Ethereum can recover from big drops in price[1]. This recovery was helped by something called the MACD golden crossover, which often signals that the price of a cryptocurrency is going to go up[1].

Technical Analysis and Market Sentiment

From a technical point of view, Ethereum’s price has been very volatile lately, with sudden increases and decreases. The Relative Strength Index (RSI) has been going back and forth between being too low (oversold) and too high (overbought), which means the market is very reactive[1][3]. On March 6, 2025, Ethereum’s price went up from $2,155 to $2,295 in just one day, showing how quickly its price can change[3].

But even though Ethereum has had some short-term gains, it’s still in a downtrend when we look at longer periods of time. This means that investors should be careful[3]. Also, the recent increase in trading volume after some big ETF outflows shows how important investor sentiment is to Ethereum’s price[5].

Can Ethereum Go Back to Being Worth $4,000?

For Ethereum to reach the $4,000 mark again, a few things need to happen. First, Ethereum needs to overcome its current supply and sentiment challenges. This could mean that there’s a big change in the market, like more people wanting to buy ETH or fewer ETH being held on exchanges[2]. Second, Ethereum needs to break through some important resistance levels, like the $2,635 mark, which would signal that it might be breaking out of its current downtrend[4].

In the past, when a lot of Ethereum holders were losing money, it often led to big price increases. If big investors and whales start buying ETH at current prices, it could set the stage for a future rally.

Conclusion: The Future of Ethereum

In conclusion, Ethereum has its challenges, but it also has a lot of potential for growth. The fact that it’s undervalued right now could be a good opportunity for people who want to invest for the long term. But short-term volatility and downward pressure from the market need to be handled carefully. As Ethereum continues to change, both technically and fundamentally, its ability to reach higher price levels will depend on overcoming supply pressures and getting more market support.

Sources:
CoinStats
The Currency Analytics
CoinStats
FOREX24.PRO
Blockchain.News