📰Crypto Market Highlights – March 26, 2025
The SEC Crypto Task Force will host four more roundtables, and it has closed its investigation into Immutable. Crypto influencer BitBoy (Ben Armstrong) has been arrested in Florida.
Hyperliquid faced a major exploit as a whale manipulated JELLYJELLY, forcing over $10 million in unrealized losses. The platform delisted the token and force-settled positions to prevent further damage.
GameStop (GME) jumped 14% after announcing Bitcoin reserves. Bitwise CIO Matt Hougan says now is the best time to buy Bitcoin, citing reduced regulatory risks. Only 8.6% of ETH and 11.5% of BTC trading volume now occurs on U.S. exchanges.
BlackRock is expanding its crypto ambitions, posting new job listings as its $1.7 billion BUIDL fund gains traction. While some firms explore Solana, XRP, and Litecoin ETFs, BlackRock remains quiet on future plans.
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