Author: Sahil Poudel

Fartcoin Soars 25% Amid Memecoin Mania Fueled by Trump

Memecoin mania has returned, and this time, Fartcoin is at the forefront with an astonishing 25.59% surge in just 24 hours. Currently priced at $0.5834, the token’s market cap has shot up to an impressive $583.42 million. The volume is also seeing significant action, with a 51.66% increase, now sitting at $186.65 million.

Fartcoin

Trump’s Post Fuels Meme coin Rally

This sudden price spike comes at a time when the entire meme coin sector is experiencing a resurgence. The catalyst? A post from President on Truth Social, where he discussed his own $TRUMP meme coin. This sparked an instant rally across the meme coin space, triggering excitement for tokens.

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As soon as Donald’s thoughts were shared, $TRUMP saw a 13% surge in just one hour, creating a ripple effect throughout the meme coin market and pushing other meme coins to new heights.

Fartcoin’s Meteoric Rise

It’s remarkable growth has made it one of the most visited tokens of the day, currently ranked #5 in the market. While other popular meme coins like SHIB, DOGE, and PEPE have also seen gains.

Broader Crypto Market Surge

Alongside surge of this meme coin, the broader crypto market is also seeing positive movement, with the total market cap rising to $2.84 trillion—up by nearly 3%. All eyes are now on the meme coin market to see whether this trend will continue or eventually fizzle out, as it has in previous cycles.

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Acting SEC Chair Mark Uyeda Calls for New Crypto Regulations

Days before Paul Atkins officially assumes the U.S. Securities and Exchange Commission chair position, Acting Chair Mark Uyeda has taken a firm stance on crypto regulation. Speaking at the Crypto Task Force Roundtable on March 21 in Washington, D.C., Uyeda criticized the lack of a well-defined regulatory framework for the industry and called for new rulemaking under the Trump administration.

SEC Chair Mark Uyeda

Crypto’s Ongoing Regulatory Uncertainty

During his speech, Uyeda referenced the landmark v. W.J. Howey Co. (1946) case, highlighting the ongoing struggle between the Biden-era and the crypto industry over whether digital assets should be classified as threat.

“Seventeen years since Satoshi Nakamoto made the Bitcoin whitepaper, market participants, lawyers, academics, policymakers, and regulators are still grappling with critical questions related to the status of these novel crypto assets under the federal securities laws. This disagreement is most pronounced when it comes to application of the investment contract test established by the Supreme Court in its 1946 opinion in Securities and Exchange Commission v. W.J. Howey Co. (known as the ‘Howey test’) to crypto assets.” — Mark Uyeda

A Shift from Enforcement to Clear Rulemaking

Uyeda also pointed to the numerous lawsuits against major crypto firms like Binance’s CZ, Ripple, and others—cases pursued aggressively under former Chair Gary Gensler during the Biden administration. He argued that instead of punishing the industry, infrastructure should work toward building new, transparent regulations to guide the crypto community.

A Call for a Formal Rulemaking Process

In discussions with regulators, legal experts, and market participants, Uyeda stressed the need for the Commission to adopt a formal rulemaking process rather than relying on enforcement actions to define the status of crypto assets.

“This approach of using notice-and-comment rulemaking or explaining the Commission’s thought process through releases—rather than through enforcement actions—should have been considered for classifying crypto assets under the federal securities laws.” — Mark Uyeda

With Uyeda pushing for clear and structured crypto rules, the industry now awaits how Paul Atkins’ leadership will shape the future of digital asset regulation in the U.S.

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Strategy is Now Greatest Colossal Force to Hold 500K BTC

Michael Saylor is back at it, and this time, he has taken Strategy ($MSTR) into uncharted territory. The company has officially become the first public firm to acquire over half a million Bitcoin, cementing its status as the ultimate corporate BTC whale.

A Record-Breaking Bitcoin Buy

On March 24, Strategy (formerly MicroStrategy) announced that between March 17 and March 23, it purchased 6,911 BTC for approximately $584.1 million at an average price of $84,529 per Bitcoin. This latest purchase pushes the company’s total Bitcoin holdings to an astounding 506,137 BTC, acquired for around $33.7 billion at an average cost of $66,608 per BTC.

Strategy

Funding the Bitcoin Frenzy

To fund this historic acquisition, MicroStrategy sold 1.97 million MSTR shares, raising $592.6 million. Additionally, the company offloaded 13,100 STRK shares, adding another $1.1 million to its capital reserves. Despite these sales, Strategy still holds a massive war chest—with $3.57 billion worth of MSTR shares and $20.99 billion in STRK shares ready for future use.

Answering the Critics with a Bold Move

Saylor’s latest Bitcoin purchase comes after some in the crypto community questioned whether his enthusiasm for BTC was cooling off—especially after he made a relatively modest 130 BTC purchase earlier. However, he has now silenced the skeptics in true Saylor fashion—by making yet another record-shattering buy.

Saylor’s All-In Bitcoin Bet

At this stage, one thing is crystal clear: Michael Saylor isn’t just a believer in Bitcoin—he’s all in. With over $33 billion poured into BTC, Strategy has solidified its place as the ultimate corporate Bitcoin whale, setting a precedent for other firms contemplating large-scale crypto investments.

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Bitcoin Whale Awakens, Moves $250M: A Monumental Shift

Bitcoin Whale finally Awake?

A long-dormant Bitcoin Whale wallet has suddenly woken up after eight years of inactivity. According to blockchain analytics firm Arkham Intelligence, the whale has moved over $250 million worth of Bitcoin.

Bitcoin Whale

The transactions were executed within the last 16 hours, showing that the value of the holdings has appreciated from approximately $3 million in early 2017 to over $250 million today. Before yesterday’s transfers, the wallet had maintained its Bitcoin in a single address for more than eight years.

The transactions, visible on Arkham’s monitoring dashboard, show the funds moving between several wallets labeled as “250M BTC Whale” addresses.

Specifically, the transactions took place in two batches about 14-16 hours ago, with each transfer involving approximately 3,000 BTC worth roughly $252 million per transfer.

Whale Purchased Bitcoin When It Was Around $1,000

According to the transaction history, the Bitcoin was originally purchased around 2016, when BTC traded at approximately $1,000 or lower.

Before these recent movements, the last transactions from these wallets occurred around 8 years ago, as shown by the timestamps in Arkham’s data—the early transactions from 2016 show the accumulation of Bitcoin when the cryptocurrency was less valuable.

The awakening of dormant wallets from Bitcoin’s earlier years has become increasingly rare. These events offer a glimpse into the major wealth creation experienced by early adopters who maintained their holdings through multiple market cycles.

While some long-term holders maintain their Bitcoin positions, industry experts are debating whether Bitcoin’s traditional four-year market cycle will be sustained into the future. Tomas Greif, Chief of Product & Strategy at Braiins, recently questioned the sustainability of these cycles:

“Is the 4-year Bitcoin cycle dead? Early on, halvings had a major supply impact. But as the majority of BTC has been mined, their effect is shrinking. In a couple of halvings, they will have a negligible effect on supply,” Greif noted.

He suggests that while historical patterns may continue as a “self-fulfilling prophecy,” the fundamental impact of halvings on Bitcoin’s supply disappears with each cycle. Greif emphasized that halvings will continue to affect Bitcoin mining economics regardless of market cycles.

Is the Surge in Crypto world pulling dormant Bitcoin Whale?

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$TRUMP Token Surges 13%: Memecoin’s Hope? Or Despair?

How $TRUMP Token Became the New Memecoin Sensation

Donald Trump just sent the $TRUMP token memecoin flying with a single post on Truth Social. After months of sluggish performance, the token suddenly surged 13% in just an hour, all thanks to Trump’s unexpected endorsement.

His post read: “I LOVE $TRUMP — SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!” That was enough to send traders into a frenzy. The price shot up to $12.11, marking a 13% gain in a day. Market cap hit $2.42 billion, while trading volume exploded by 195%, reaching a staggering $830 million.

$Trump Token Valuation

Before this, $TRUMP had been in a downtrend with barely any action. But with Trump’s stamp of approval, buyers rushed in, fueling the biggest pump in months. This isn’t the first time a memecoin has skyrocketed due to celebrity hype—Elon Musk has done it countless times with Dogecoin, and now Trump’s doing the same with his own namesake token.

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The broader crypto market is also looking perkier—Bitcoin, Ethereum, and Solana are all up, with the total market cap nudging higher by 1%. So, what’s the deal? Are we on the cusp of a proper bull run, or is this just another fleeting memecoin hype bubble? Or is $Trump Token really making it?

Pakistan’s Bitcoin Mining Hope for Powering a New Era

Pakistan is making a move into crypto mining, aiming to put its extra electricity to good use. With surplus power becoming a challenge, the government is considering special electricity rates to draw in Bitcoin miners and blockchain companies.

image 28 Bitmala

Pakistan’s Bitcoin Mining Revolution?

The Power Division of Pakistan is working on a policy that would offer competitive electricity rates for mining operations—without introducing subsidies. Instead of letting excess electricity go to waste, Pakistan wants to monetize its unused power by allowing Bitcoin miners to use it at favorable rates.

Pakistan Bitcoin Mining

Recently, Power Minister Awais Leghari met with Bilal Bin Saqib, CEO of the Pakistan Crypto Council (PCC), to explore strategies for attracting cryptocurrency miners. Given that mining operations often allocate up to 70% of their revenue to electricity expenses, offering cost-effective power rates could position Pakistan as an attractive destination for the industry.

The idea is gaining traction among senior government officials. Finance Minister Muhammad Aurangzeb recently led a key meeting with financial authorities and industry experts, emphasizing the need for clear regulations, licensing structures, and consumer protections.

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Pakistan’s move comes at a time when global approaches to Bitcoin mining vary. China, once the dominant player, banned mining due to energy concerns. Kazakhstan initially welcomed miners but later imposed stricter regulations and higher taxes.

For Pakistan, December 2024 marked a significant financial milestone, as the country recorded a $582 million current account surplus—more than double the previous year. By embracing Bitcoin mining, Pakistan hopes to leverage its surplus electricity to boost the economy. To compete in the global crypto mining space, the country will need a stable power supply, well-defined regulations, and strong infrastructure. If executed correctly, what was once wasted energy could become a valuable economic asset.

Hackers Exploit Watcher.Guru’s About 2.9M Followers to Spread Lies

Hackers Promote XRP by Breaching Watcher Guru’s Socials

On March 21, Watcher Guru’s X account was hacked, leading to the spread of misleading information about XRP and its alleged partnership with SWIFT for cross-border payments. The hacker claimed that XRP would be integrated into SWIFT’s system, with billions of XRP locked in escrow and liquidity growing.

The platform quickly issued a warning, confirming that the post was fraudulent and removed it immediately. They reassured followers that their two-factor authentication (2FA) was enabled, but despite these security measures, the hack was successful.

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image 25 Bitmala

Watcher Guru’s breach raised questions about broader security risks in the crypto space, as even with 2FA and no apparent linked apps, the account was compromised. Furthermore, their automatic reposting setup, designed to share breaking news across platforms like Telegram and Facebook, inadvertently amplified the hacker’s message before it was deleted.

The incident happened at 2:05 AM UTC, and while Watcher Guru took swift action to secure their accounts, there are lingering concerns about the nature of the hack. Interestingly, on the same day, SWIFT made a major announcement about enhancing crypto payments, leading some to speculate whether Watcher Guru had accidentally leaked inside information.

India’s Crypto Rebirth:5 New Staggering Opportunities

India’s Crypto Comeback, as Government Signals Policy Shift

India is reconsidering its crypto stance, prompting global service providers to re-enter the market.

Initially, the Indian government planned to release a consultation paper on crypto regulations after its G20 presidency in 2023. However, Ajay Seth, Secretary of India’s Department of Economic Affairs, recently stated that the framework must be recalibrated due to evolving global trends.

#BudgetRoundtable2025 | Ajay Seth: Crypto Discussion Paper To Be Released In Next Couple Of Months

Since 2022, India’s strict tax regime—30% on crypto income and 1% tax deducted at source—has deterred traders and led to a decline in trading volumes. Platforms like WazirX saw a 90% business drop, prompting relocation to Dubai.

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However, with policy shifts on the horizon, major exchanges are re-entering India. Coinbase registered with India’s Financial Intelligence Unit on March 11, following Binance, Bybit, and KuCoin.

This recalibration aligns with a global trend of pro-crypto regulation. In February, Hong Kong introduced stablecoin regulations and approved crypto ETFs. In March, Australia launched new digital asset governance and licensing rules.

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India’s crypto ecosystem is evolving stance may soon make it a key player in the global crypto market.

Strategy Raises $711M For an amazing Staggering BTC Move

Strategy Upsizes Stock Offering to $711M, Plans Bitcoin Buys

Strategy, has raised $711.2 million through an upsized preferred stock offering, significantly surpassing its initial $500 million target due to strong investor demand.

Strategy's CEO Michael Saylor

The company issued 8.5 million shares of 10.00% Series A Perpetual Strife Preferred Stock at $85 per share, with the sale expected to close on March 25. Net proceeds, after underwriting fees, total $711.2 million, with a substantial portion allocated for Bitcoin acquisitions.

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The preferred shares carry a 10% annual dividend, paid quarterly in cash. If a payment is missed, dividends will compound, increasing by 1% per quarter up to 18% per year. Strategy also retains the right to redeem shares under specific conditions, while holders can demand repurchase in cases of fundamental changes, like shifts in company control.

This marks Saylor’s second major capital raise in weeks. On March 17, the company disclosed a purchase of 130 BTC for $10.7 million using previous stock sale proceeds.

Committed to its Bitcoin treasury strategy since 2020, Strategy continues aggressive BTC accumulation while advancing AI-powered enterprise analytics tools.

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Elon Musk’s X Sues Indian Government Over Free Speech Crackdown

Elon Musk’s X has filed a legal petition against the Indian government, challenging its use of Section 79(3)(b) to censor online content. The company argues this bypasses legal safeguards for free speech.

X Sues Indian Government Over Free Speech Censorship

Elon Musk’s social media company, X sues Indian government and has taken legal action against the Indian government, filing a petition in the Karnataka High Court. X argues that India’s use of Section 79(3)(b) of the Income Tax Act and the “Sahyog Portal” has turned into an unchecked tool for censoring online speech, bypassing established legal safeguards.

Under Section 79(3)(b) of India’s IT Act, social media platforms can lose their legal immunity if they fail to remove content flagged as “unlawful” by the government. However, X contends that authorities are misusing this section to issue takedown orders that do not align with the procedural safeguards of Section 69A.

X Sues Indian Government

Legal Argument Against India’s Censorship

X Corp’s petition emphasizes that the Supreme Court, in its 2015 ruling in Shreya Singhal v. Union of India, declared Section 69A as the only valid legal framework for blocking online content. This section mandates transparency, requiring written reasons for content removal, a pre-decisional hearing, and the opportunity for legal challenge.

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By invoking Section 79(3)(b) instead, the government is effectively bypassing these safeguards. The petition states:

“The law mandates that information blocking can only be carried out under Section 69A, which provides for judicial scrutiny. By using Section 79(3)(b) as an alternative mechanism, the government is effectively nullifying the Supreme Court’s directives.”

Public Reaction and Past Disputes

X sues Indian government and this legal challenge has sparked debate online. Indian journalist Chandra R. Srikanth posted about the case on X, prompting reactions from users. Some speculated that Musk’s fact-checking AI, Grok, could play a role in exposing the Indian government’s actions. Others called for Grok to verify the legal claims.

This isn’t the first time X has opposed India’s content moderation rules. In 2022, the company also challenged Section 69A orders, criticizing the government for blocking entire accounts instead of individual posts.

With Musk’s growing influence in global tech and free speech advocacy, this legal battle could set a precedent for online freedom in India and beyond.

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