
Wednesday Mar 12, 2025
Trump’s Crypto Pivot, U.S. Regulation Shakeup, and Bitcoin’s Surge: Coinbase Expands in India, Bybit Targets Africa, and the Future of Stablecoins & Altcoins
The U.S. held its first "Crypto Summit," signaling a regulatory shift, while Trump backed a Bitcoin reserve. Bitcoin hit $81K but faces market pressures. Coinbase registered in India, expanding its footprint. MassJacker malware hijacked 778K wallets to steal crypto. Bybit eyes Kenya for African expansion, while Phoenix’s CEO made a major investment. Strategy’s stock dropped after a controversial Bitcoin purchase plan, and Deutsche Boerse’s Clearstream entered crypto custody.
Reference: https://www.linkedin.com/newsletters/chain-train-7126277052151844864/