FARHAN SAKAWEDİN MOHAMED

#ILOVE$TRUMP Table of Contents
Big Money Makes Its Stablecoin MoveJellyfish Gets StungPolymarket in Trouble?USDC Breaking RecordsXRP's Legal Victory Opens Doors
The crypto market is crawling through quicksand, and nobody's in a rush to throw out a lifeline.
Fear still has its cold grip on traders' hearts.
But sometimes, when everyone's busy running for the exits, that's exactly when the smart money starts making moves.
And speaking of moves, there's a whole lot happening behind the scenes while prices take a breather. Let's make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours:
Fidelity is going for stablecoin with a dollar-pegged token and an Ethereum-based Treasury fund. What's driving this sudden interest? 💵Hyperliquid pulled the plug on JELLY perpetual futures after "suspicious activity," promising reimbursements – except for flagged addresses. What exactly happened? 🚨Polymarket faces backlash over a $7M Ukraine-related political bet that was settled as "Yes" despite no event occurring. Is there any statement from Polymarket? ⚖️USDC just crossed the $60 billion threshold, capturing 25.4% of the stablecoin market. Is Tether's dominance finally starting to crack? 📊Ripple's SEC victory is creating waves as the ruling becomes "law of the land," triggering a rush of XRP ETF filings. Could we see an XRP ETF launch before the end of 2025? 🚀
Let's dive in!
Big Money Makes Its Stablecoin Move
Fidelity is about to enter the stablecoin race with a dollar-pegged token from its crypto division.
They're also creating an Ethereum-based "OnChain" share class for their Treasury fund.
This push comes as traditional banks like Custodia and Vantage have already launched their own stablecoins on Ethereum's blockchain.
What's driving this sudden interest? Read the full story!
Jellyfish Gets Stung
Hyperliquid just pulled the plug on JELLY perpetual futures after detecting "suspicious market activity."
The Hyper Foundation is promising to reimburse affected users automatically in the coming days – except for certain flagged addresses.
Despite the drama, Hyperliquid's primary liquidity pool has somehow managed a positive $700,000 income in just 24 hours.
The JELLY token, launched by Venmo co-founder Iqram Magdon-Ismail, has had a rollercoaster journey. It initially soared to a $250 million market cap before crashing to single-digit millions.
What exactly happened? Read the full story!
Polymarket in Trouble?
Polymarket is facing intense backlash after a controversial outcome in a high-stakes political bet about Ukraine.
The prediction market asked if Trump would accept a rare earth mineral deal with Ukraine before April. Despite no such event occurring, the market was mysteriously settled as "Yes."
This market wasn't small change – it amassed more than $7 million in trading volume before settling on March 25.
Crypto researcher Vladimir S. suggests this points to a "governance attack" where someone used their voting power to manipulate the oracle and profit from false results.
Is there any statement from Polymarket? Read the full story!
USDC Breaking Records
USDC has quietly hit a new all-time high market cap, crossing the $60 billion threshold for the first time.
The Circle-issued stablecoin now commands a 25.4% share of the stablecoin market, up from 20.7% just three months ago.
Despite this impressive growth, USDC remains far behind Tether's dominant $144 billion market cap, which represents about 63% of the sector.
Is Tether's dominance finally starting to crack? Read the full story!
XRP's Legal Victory Opens Doors
The SEC and Ripple's four-year legal battle has finally ended, creating waves of excitement across the crypto industry.
Unlike recent SEC dismissals against Coinbase and Kraken, Ripple's case had advanced through discovery and summary judgment, making its conclusion much more significant.
With the SEC deciding not to appeal, Torres' decision becomes the "law of the land," establishing that secondary market trading of most crypto assets isn't a securities transaction.
Multiple firms including Grayscale, WisdomTree, and Bitwise are now rushing to file for spot XRP ETFs, with prediction markets putting the odds of approval this year at 80%.
Could we see an XRP ETF launch before the end of 2025? Read the full story!
This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap. CoinMarketCap is not responsible for the success or authenticity of any project, we aim to act as a neutral informational resource for end-users.

#ILOVE$TRUMP Table of Contents
Big Money Makes Its Stablecoin MoveJellyfish Gets StungPolymarket in Trouble?USDC Breaking RecordsXRP's Legal Victory Opens Doors
The crypto market is crawling through quicksand, and nobody's in a rush to throw out a lifeline.
Fear still has its cold grip on traders' hearts.
But sometimes, when everyone's busy running for the exits, that's exactly when the smart money starts making moves.
And speaking of moves, there's a whole lot happening behind the scenes while prices take a breather. Let's make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours:
Fidelity is going for stablecoin with a dollar-pegged token and an Ethereum-based Treasury fund. What's driving this sudden interest? 💵Hyperliquid pulled the plug on JELLY perpetual futures after "suspicious activity," promising reimbursements – except for flagged addresses. What exactly happened? 🚨Polymarket faces backlash over a $7M Ukraine-related political bet that was settled as "Yes" despite no event occurring. Is there any statement from Polymarket? ⚖️USDC just crossed the $60 billion threshold, capturing 25.4% of the stablecoin market. Is Tether's dominance finally starting to crack? 📊Ripple's SEC victory is creating waves as the ruling becomes "law of the land," triggering a rush of XRP ETF filings. Could we see an XRP ETF launch before the end of 2025? 🚀
Let's dive in!
Big Money Makes Its Stablecoin Move
Fidelity is about to enter the stablecoin race with a dollar-pegged token from its crypto division.
They're also creating an Ethereum-based "OnChain" share class for their Treasury fund.
This push comes as traditional banks like Custodia and Vantage have already launched their own stablecoins on Ethereum's blockchain.
What's driving this sudden interest? Read the full story!
Jellyfish Gets Stung
Hyperliquid just pulled the plug on JELLY perpetual futures after detecting "suspicious market activity."
The Hyper Foundation is promising to reimburse affected users automatically in the coming days – except for certain flagged addresses.
Despite the drama, Hyperliquid's primary liquidity pool has somehow managed a positive $700,000 income in just 24 hours.
The JELLY token, launched by Venmo co-founder Iqram Magdon-Ismail, has had a rollercoaster journey. It initially soared to a $250 million market cap before crashing to single-digit millions.
What exactly happened? Read the full story!
Polymarket in Trouble?
Polymarket is facing intense backlash after a controversial outcome in a high-stakes political bet about Ukraine.
The prediction market asked if Trump would accept a rare earth mineral deal with Ukraine before April. Despite no such event occurring, the market was mysteriously settled as "Yes."
This market wasn't small change – it amassed more than $7 million in trading volume before settling on March 25.
Crypto researcher Vladimir S. suggests this points to a "governance attack" where someone used their voting power to manipulate the oracle and profit from false results.
Is there any statement from Polymarket? Read the full story!
USDC Breaking Records
USDC has quietly hit a new all-time high market cap, crossing the $60 billion threshold for the first time.
The Circle-issued stablecoin now commands a 25.4% share of the stablecoin market, up from 20.7% just three months ago.
Despite this impressive growth, USDC remains far behind Tether's dominant $144 billion market cap, which represents about 63% of the sector.
Is Tether's dominance finally starting to crack? Read the full story!
XRP's Legal Victory Opens Doors
The SEC and Ripple's four-year legal battle has finally ended, creating waves of excitement across the crypto industry.
Unlike recent SEC dismissals against Coinbase and Kraken, Ripple's case had advanced through discovery and summary judgment, making its conclusion much more significant.
With the SEC deciding not to appeal, Torres' decision becomes the "law of the land," establishing that secondary market trading of most crypto assets isn't a securities transaction.
Multiple firms including Grayscale, WisdomTree, and Bitwise are now rushing to file for spot XRP ETFs, with prediction markets putting the odds of approval this year at 80%.
Could we see an XRP ETF launch before the end of 2025? Read the full story!
This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap. CoinMarketCap is not responsible for the success or authenticity of any project, we aim to act as a neutral informational resource for end-users.