Author: Monicah W

Wyoming, one of the fifty States in the United States, is working on plans to launch its stablecoin. With the plan to fully back the stablecoins with the US Dollar, Wyoming is positioning itself as the first in the country to issue such payment tokens. According to Governor Mark Gordon, the state is making moves to jump onto the bandwagon as early as July.

Wyoming Stablecoin Pivot Aligns With Federal Government Pivot

According to a Bloomberg report, Governor Gordon is very positive about the stablecoin push. He believes most financial stakeholders are not bullish enough about the stable asset firm.

The Governor reference the position of JPMorgan Chase CEO, Jimon Dimon a while back regarding plans to venture into the stablecoin niche earlier. He said he once pitched Wyoming to him and the bank as the state has the right “framework to do it.”

While only a few mainstream firms have entered the stablecoin scene, Wyoming may be pioneering a new wave in the digital payments ecosystem. This move comes as the President Donald Trump administration is pushing for legislation for the ecosystem.

At the Digital Asset Summit recently, President Trump urged Congress to pass stablecoin legislation. He believes this regulation can support entities looking to enter the space.

The post Wyoming to Launch First US State Dollar-Pegged Stablecoin: Bloomberg appeared first on CoinGape.

The decentralized exchange Hyperliquid is facing scrutiny following its handling of the JELLY token market, raising concerns from industry leaders. Bitget CEO Gracy Chen compared Hyperliquid to the now-defunct exchange FTX after Hyperliquid’s response to unusual activity involving the JELLY token resulted in an estimated $10.6 million loss. The delisting of the token and forced settlement of open positions drew sharp reactions from the crypto community.

Bitget CEO Warns Hyperliquid May Mirror FTX Collapse

In a recent post on X, Bitget CEO Gracy Chen warned that Hyperliquid could follow a similar trajectory to FTX. Chen raised alarms over the platform’s decision to halt the trading of the JELLY token and forcefully settle open trades. According to her, this action created unfair outcomes, favoring some traders while causing losses to others.

Bitget CEO labeled Hyperliquid’s actions as immature and unethical. The forced closure followed a 230% spike in JELLY price within one hour. A $5 million short position was liquidated during this time, raising concerns about market manipulation. The situation placed Hyperliquid’s treasury at further risk, with potential exposure reportedly nearing $240 million.

Gracy Chen added,

“Unless these issues are addressed, more altcoins may be weaponized against Hyperliquid—putting it at risk of becoming the next catastrophic failure in crypto.”

A recent report highlighted how Hyperliquid Vault is at risk of losing its entire $230 million fund due to a surge in the Solana-based memecoin JELLY JELLY. The platform inherited a short position amid a short squeeze and now faces mounting pressure as the token’s price continues to climb.

Concerns Over Compliance and Risk Structure

Bitget CEO continued to criticize Hyperliquid’s lack of standard compliance practices. She pointed out the absence of Know-Your-Customer (KYC) and Anti-Money Laundering (AML) measures. Chen stated that Hyperliquid, although presenting itself as a decentralized platform, operated similarly to an offshore centralized exchange.

She added that this regulatory gap may allow illicit funds to move through the platform undetected. These concerns were echoed by others in the industry, including former BitMEX CEO Arthur Hayes. Chen also warned that if left unchecked, the model could lead to the same vulnerabilities that contributed to the collapse of FTX.

Mixed Vaults and Position Sizes Raise Risk

The Bitget CEO highlighted structural concerns with the platform’s product design. She noted that the use of mixed vaults exposed users to shared risks. According to Chen, this could allow the actions of a few traders to affect all users on the platform.

The JELLY token’s sharp price rise triggered emergency action from the exchange’s validator set. The platform cited suspicious market activity as the reason for delisting the token. However, the decision to settle trades at a specific price led to a backlash from affected traders.

Bitget CEO described the settlement approach as a dangerous precedent. She stressed that trust, not just capital, is essential for the success of any exchange. Without addressing these vulnerabilities, Chen warned that Hyperliquid could face further threats from manipulated markets.

Meanwhile, FTX bankruptcy case expenses reached nearly $1 billion, with legal and advisory firms receiving substantial payouts. Court records show that Sullivan & Cromwell LLP alone has earned over $248 million for handling the proceedings.

The post Bitget CEO Claims Hyperliquid Could Become FTX Following Jelly Jelly Saga appeared first on CoinGape.

The recent bearish market forces caused Pi Network price to decrease by 30% during the past month. The price of Pi Network dropped below $1 while it tests the $0.9 support level after other altcoins along with Bitcoin showed a slight market recovery. The market trends and uncertain developments combine to worsen the existing value decrease experienced by Pi Network. The question remains as to how low will the PI price go as bear pressure mounts.

After its launch in February, the Pi Network price experienced a rapid increase, yet it is now facing a notable downward movement. The currency attained its highest value point at $2.98 before experiencing a quick market downfall. The mainnet launch failed to meet expectations by driving up the PI price since its launch coincided with a price decline.

On February 20, 2025, the lowest Pi price reached $0.6152 while experiencing an enormous 72.61% decline from its peak value. The market continues to show uncertainty because confidence levels are unstable despite some price recovery.

Why Is Pi Network Price Crashing?

The Pi Network value has dropped significantly because more than 99.3 million Pi currency tokens will soon become available for unlocking. Out of the total $91 million valuation the tokens represent, they will enter daily circulation using a 3 million token release schedule for the next 30-day period.

The market will receive its biggest unlock of 6.8 million tokens when April 3 arrives. The upcoming large unlocks for May and June worry the market due to potential liquidity surges and increased sell-offs.

The price devaluation becomes apparent because Pi Network missed the opportunity to be listed among the leading cryptocurrency exchanges, such as Binance, Coinbase, and Upbit. Although users in South Korea find Pi Network very popular, many exchanges, including major platforms, have barred Pi from their platforms.

Holders continue to display concern about Pi project tokenomics because the Pi Foundation holds a large percentage of the total supply which leads to increased fears and panic selling events.

Will Pi Price Recover Soon?

The price of PI has experienced major fluctuations during recent weeks. The price currently challenges $0.8304 support after losing ground from its initial $1.00 peak. The market value of PI Network currently exists within a consolidation pattern which presents an expected price region from $0.70 to $1.00.

The MACD indicator signals bearish characteristics because both its lines exist under the zero threshold. The current RSI value measures 32 which suggests that BTC approaches a condition where it could become oversold. A market reversal might come into play whenever buying pressure strengthens.

The PI price shows signs of continued resistance at present support areas. The value retaining its $0.70 value could enable a positional shift toward the higher zone of $1.00. A failure at current market support might push the token toward $0.50 in relation to wider market conditions.

The post How Low Can Pi Network Price Go As Bearish Pressure Mounts? appeared first on CoinGape.

Interactive Brokers has added the quartet of SOL, ADA, XRP, and DOGE to the trading platform. The listing brings the total number of tradeable cryptocurrencies on the platform to eight as it leans towards cryptocurrencies.

Interactive Brokers Adds SOL, ADA, XRP, and DOGE

A little over a year after wading into cryptocurrencies, online brokerage Interactive Brokers has increased the number of digital assets on the platform. According to a report, users of the brokerage will be able to trade native tokens of Solana, Cardano, Ripple, XRP, and Dogecoin.

The announcement brings the total number of cryptocurrencies on the platform to eight, with Interactive Brokers turning its gaze beyond traditional finance. SOL, ADA, XRP, and DOGE will join an exclusive list of cryptocurrencies, including Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), and Ethereum (ETH).

Customers of the top broker can buy, sell, and hold cryptocurrencies in addition to stocks, bonds, and mutual funds. Users of Interactive Brokers with Zero Hash LLC will have access to the quartet of cryptocurrencies, while those with Paxos Trust Co. accounts are limited to Solana and the first batch of cryptocurrencies.

“Adding these new tokens gives our clients even more flexibility to diversify their portfolios and take advantage of opportunities across digital assets,” said Steve Sanders, Interactive Brokers’ VP of Marketing and Product.

White House Interest Stokes Interest In Cryptocurrencies

The addition of the four cryptocurrencies follows rising interest by the US White House. In early March, President Donald Trump disclosed plans to include the trio of SOL, ADA, and XRP into a Crypto Strategic Reserve.

Following the creation of a Strategic Bitcoin Reserve and the accompanying Digital Asset Stockpile, experts are tipping SOL, XRP, and ADA to form the bulk of the Stockpile. Ripple co-founder Brad Garlinghouse predicts XRP’s inclusion in the Digital Asset Stockpile, pointing to Trump’s post and his invitation to the White House Crypto Summit.

Pundits say that the resolution of the Ripple SEC Case contributes to XRP’s inclusion in the Interactive Brokers platform. Meanwhile, Solana’s streak of institutional adoption, accentuated by BlackRock’s BUIDL Solana integration and Polymarket enabling SOL deposits, has played a key role in its inclusion.

The post Interactive Brokers Lists SOL, ADA, XRP, DOGE Following White House Interest appeared first on CoinGape.

Retail company GameStop (GME) has announced plans to raise up to $1.3 billion to buy Bitcoin for its treasury. This comes just a day after the company announced BTC’s addition to its treasury reserve holdings. Meanwhile, the GME stock price has dropped following this announcement.

GameStop To Raise $1.3 Billion To Buy Bitcoin

In a press release, GameStop revealed plans to raise up to $1.3 billion to buy Bitcoin. The company announced that it intends to offer $1.3 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2030 in a private offering to qualified institutional buyers.

Furthermore, the retailer company also intends to grant the initial purchasers of the notes an option to purchase, within a 13-day period beginning on and including the date on which the notes are first issued, up to an additional $200 million aggregate principal amount of notes.

GameStop stated that it expects to use the net proceeds from the offering for general corporate purposes, including acquiring Bitcoin in a manner consistent with the company’s Investment Policy. This move comes just a day after the company updated its investment policy to add BTC as a treasury reserve after the board’s approval.

MicroStrategy co-founder Michael Saylor commented on this move. In an X post, he raised a poll, questioning the minimum amount of Bitcoin GME needs to buy to be respected by Bitcoiners. Interestingly, the company looks to be adopting MicroStrategy’s model of raising funds to buy Bitcoin through stock offerings.

The company has a lot of catching up to do to match MicroStrategy’s Bitcoin stack. Saylor’s company recently purchased 6,911 Bitcoin, bringing its total holdings to 506,137 BTC. Meanwhile,

GME Stock Drops Over 6%

MarketWatch data shows that GameStop’s stock has dropped over 6% amid the company’s plans to offer its convertible notes. The GME stock had surged over 30% between yesterday’s announcement and the early hours of trading today.

However, this drop has occurred amid concerns that the offering of these notes could lead to a dilution of existing shares. The stock price could still surge in the long term, especially considering how MicroStrategy’s Bitcoin Strategy has positively impacted the MSTR stock price.

The post Breaking: GameStop To Raise $1.3 Billion To Buy Bitcoin For Its Treasury appeared first on CoinGape.

The post Pepe Price Prediction for 2025: PEPE to Create More Millionaires Than DOGE & SHIB Combined, But Fewer Than This $0.20 Coin appeared first on Coinpedia Fintech News

Analysts project Pepe (PEPE) could surge 10x by 2025, fueled by staking programs and exchange listings. Yet, experts agree Rexas Finance (RXS)—a $0.20 presale token—holds potential to outpace PEPE, Dogecoin, and Shiba Inu combined. With RXS poised to bridge real-world assets like real estate and gold to blockchain, its presale has already surged 6.6x, raising over $47 million. As PEPE rides meme-driven hype, Rexas Finance taps into a $16 trillion real-world asset market, positioning itself as the breakthrough crypto of 2025.  

Rexas Finance Revolutionizing Real-World Asset Ownership

Rexas Finance transforms how global investors access high-value assets. By tokenizing real estate, commodities, and art on the blockchain, RXS removes geographical and financial barriers. Imagine a retail investor in Nigeria owning 5% of a Parisian apartment or a student in Brazil earning passive income from fractional ownership of Dubai commercial property. Rexas makes this possible through its ERC-20 token, enabling seamless fractional ownership and trading of physical assets.

The platform’s Token Builder lets users convert any real-world asset into digital tokens within minutes. Coupled with the Rexas Launchpad, startups and asset owners raise funds globally, democratizing access to capital. Tools like QuickMint Bot simplify token creation, while AI Shield and GenAI enhance security and asset management. This ecosystem positions RXS not as a speculative token but as a utility powerhouse reshaping trillion-dollar industries.  

The RXS Presale Momentum

Rexas Finance chose public presale over VC funding, reserving 50% of its 1 billion tokens for community access. Stages 1–11 sold out rapidly, raising $41 million. Currently in its final stage, RXS costs $0.20—a 580% jump from its initial $0.03. With 91.2% of presale tokens claimed, the $56 million target nears completion. Post-presale, RXS lists at $0.25 in 2025 on three top-tier exchanges, with analysts forecasting a climb to $10+—a 50x gain from today’s price.  A significant transaction involving 1,000,000 RXS ($200,000) was recently recorded on Etherscan.

The funds were transferred to a whale wallet, indicating a major accumulation move. Such large-scale purchases often signal confidence in the asset’s future growth, prompting market participants to take notice. The project’s CertiK audit ensures smart contract reliability, while CoinMarketCap and CoinGecko listings amplify visibility to 100M+ monthly users. A $1M giveaway—distributing $50,000 each to 20 winners—fuels urgency, with entries surpassing 1.2 million. Unlike meme coins reliant on hype, RXS gains traction through tangible use cases and investor trust.  

Rexas Finance’s Path to Dominance  

RXS’s tokenomics prioritize sustainability: 15% liquidity ensures stable trading, 22.5% staking rewards long-term holders, and 10% treasury funds innovation. Early buyers at $0.20 could see life-changing returns if RXS hits $7–$10 post-launch. For context, a $5,000 investment today might exceed $250,000 within months.  While PEPE’s 10x potential excites traders, its lack of real-world utility limits longevity.

Rexas, however, merges blockchain with physical asset markets—offering stability amid crypto volatility. As institutional investors flock to tokenized assets, RXS stands at the forefront of this financial shift.  Pepe’s 2025 rally may create millionaires, but Rexas Finance promises far greater upside. By unlocking access to global real estate and commodities, RXS transcends meme coin speculation, offering a concrete bridge between crypto and tangible wealth.

With its presale ending soon and exchange listings imminent, the window to secure RXS at $0.20 is narrowing. Investors eyeing 50x gains must act before June 2025—Rexas Finance isn’t just another token; it’s the key to the next evolution of blockchain adoption.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

The post Pepe Price Prediction for 2025: PEPE to Create More Millionaires Than DOGE & SHIB Combined, But Fewer Than This $0.20 Coin appeared first on Coinpedia Fintech News
Analysts project Pepe (PEPE) could surge 10x by 2025, fueled by staking programs and exchange listings. Yet, experts agree Rexas Finance (RXS)—a $0.20 presale token—holds potential to outpace PEPE, Dogecoin, and Shiba Inu combined. With RXS poised to bridge real-world assets like real estate and gold to blockchain, its presale has already surged 6.6x, raising …