Month: March 2025

Elliot Chun, a tech-savvy soothsayer from Architect Partners, foresees a future where a quarter of S&P 500 companies will be biting into the Bitcoin bullion. That’s right, by 2030, these financial fortune tellers predict that treasury managers will be stuffing their mattresses (metaphorically speaking, of course) with digital dough. And why not? With the specter of job loss looming, it’s adapt or get the boot!

According to a report from Yonhap, this crypto frenzy means that over 30% of South Korea’s population has a crypto exchange account. And no, they’re not just counting your cousin who opened 12 accounts to get those sweet sign-up bonuses. The data comes from the top five domestic exchanges: Upbit, Bithumb, Coinone, Korbit, and Gopax. 🏦

As the month of March 2025 rolls out like a fancy carpet for Bitcoin’s hashrate, we’re looking at numbers that would make your calculator weep. We’re talking 862 exahash per second (EH/s) – that’s like a gazillion hashes per nanosecond. But hey, miners are earning less since the halving. Sad trombone, anyone?

In the grand theater of finance, Bitcoin has been a loyal companion to the S&P 500 and Nasdaq indices over the years. But lo and behold! In just three trading sessions, the S&P 500 has managed to vaporize a staggering $2 trillion of investors’ wealth. And the drama doesn’t end there—after the curtain fell on Friday, S&P 500 futures took a nosedive, erasing an additional $120 billion in mere moments, as reported by The Kobeissi Letter. Talk about a plot twist! 🎭

Democrat and Banking and Finance Committee chair Avelino Valencia, armed with the courage of a modern-day knight, amended the bill on March28. This valiant act transformed the “Money Transmission Act” into the more avant-garde “Digital assets.” A stroke of genius, or perhaps a mere slip of the pen, but the effect remains the same.

Tokenimist, that trusty chronicler of all things crypto, informs us that this release amounts to a mere 2.03% of the Sui’s (SUI) current supply, which is a rather impressive 3.17 billion SUI. However, with only 31.7% of the entire 10 billion SUI maximum supply currently in circulation, it seems there’s plenty more where that came from.