Infinite Reality Acquires Napster for $207 Million to Build Music Metaverse

March 26: During The Digital Chamber Summit, Bryan Steil, a Wisconsin state representative and the ranking member of the House Financial Services Committee who is a Republican, stated that the House will complete the full text of the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act on this day.

On March 26th, according to HTX market data, Bitcoin fell below $87,000 and is currently trading at $86,887.

March 26th: As per official information, in an effort to fulfill the community's requirements and further boost the utilization of stablecoins, BNB Chain has declared that the "Zero Gas Fee Carnival" event will be extended up to June 30, 2025. Users can effortlessly avail themselves of gas fee exemptions for the transfer of stablecoins on the BNB Chain, which currently comprise USDT, USDC, and FDUSD. Up to now, since the Carnival event began last September, it has covered more than $3 million in gas fees for the transfer of stablecoins. Centralized exchanges currently involved in the event are: Binance, Bitget, MEXC, Bitmart, Ourbit, BingX, LBank, and Hashkey. Wallets such as Bitget Wallet, SafePal, Trust, Tokenpocket, Mathwallet, and ImToken are also participating. During the event, there are no cross-chain fees for transfers to the BNB Chain via cross-chain bridges Celer, cBridge, and Meson.Fi. Furthermore, users can make use of various DeFi protocols on the BNB Chain to enhance the

On March 26th, following the release of the fourth-quarter financial results and the latest Bitcoin acquisition news at the research and brokerage firm Bernstein, analysts updated their stock price model for Strategy (formerly MicroStrategy). They reaffirmed their Outperform rating and set a target price of $600, which represents a 75% increase. According to Bernstein's bullish scenario, Strategy's Bitcoin holdings are expected to more than double to approximately 5.8% of the current 19.8 million BTC in circulation, up from the current approximately 2.5%. This assumes that Strategy can significantly expand its Bitcoin acquisition plan, along with a more favorable capital market, lower interest rates, and a continuing bull market cycle. Analysts stated that in this scenario, Strategy's debt (including preferred shares) would rapidly rise from the current $11 billion to around $100 billion, while its equity value would reach approximately $840 billion. The analysts project that Bitcoin

On March 26th, OKEx officially announced on social media that during the routine maintenance of the wallet system, OKEx recently replaced some wallet addresses. This led to a deviation in the statistics of third-party data platforms. As a result, the total platform asset balance displayed on these platforms showed abnormal phenomena. This situation is solely due to the lag in third-party data. User assets on the platform remain safe, and withdrawals and deposits can be carried out normally. At present, OKEx is communicating with third-party data platforms to ensure that their data scraping functions return to normal as soon as possible. In addition, the platform will release the latest Proof of Reserves (POR) within this week for user verification.

On March 26th, the Bitcoin-listed mining firm Jianan Technology disclosed its 2024 financial report via official channels. The unaudited financial performance data for the fourth quarter and the entire year ending December 31, 2024, indicated that the total revenue for the whole year of 2024 reached $269.3 million, representing a year-on-year increase of 27.4%. In 2024, Jianan Technology's total annual company sales hash rate reached 26 million TH/s, with a year-on-year growth of 32.6%. In addition to the notable increase in the total sales hash rate, the mining revenue in the fourth quarter reached $15.3 million, showing a year-on-year increase of 312.5% and mining 186 bitcoins. The total self-mining revenue for the entire year of 2024 was $44.02 million, with a year-on-year growth of 29.6%. Jianan Technology anticipates that the total revenue for the whole year of 2025 will range from $900 million to $1.1 billion. For the first quarter of 2025, the company expects the total revenu