The crypto market is beginning to show signs of life. Bitcoin (BTC) is creeping up, Solana is breaking out, and there are some exciting airdrops, particularly in the DePin and AI sectors. In this post, we bring you the latest airdrop updates and crypto news from the past few days.
1) World Liberty Financial Launches Stablecoin USD1
After months of speculation, Trump’s DeFi project, World Liberty Financial, has launched its stablecoin, USD1. This coin is pegged 1:1 to the US dollar and aims to push DeFi adoption in the broader financial world. USD1 is fully backed by US Treasury Bills (T-Bills), USD deposits, and other liquid assets.
This stablecoin is set to disrupt the market in several ways:
- It is 100% backed by US Treasury Bills and USD deposits.
- Third-party audits ensure its transparency and stability.
- Custodied by BitGo, a top-tier digital asset security provider.
- Initially launched on Ethereum (ETH) and Binance Smart Chain (BSC), with plans for future blockchain expansions.
The focus on institutional-grade stability makes it ideal for large investors like sovereign wealth funds, who are looking to engage in DeFi without the risks associated with algorithmic or undercollateralized stablecoins.
2) Airdrop Updates
- Mintify Airdrop: Season 0 is now open, and 62% of the airdrop has been claimed. NFT collections like BAYC, Jirasan, and Madlads are eligible. For details, check out the Mintify airdrop page, and farm for the next season here.
- KernealDAO (previously KELPdao): The airdrop checker for Season 1 is live. Get the details here.
- Particle Network Airdrop: Claim your $PARTI tokens now. More info here.
- HUB XYZ AI Airdrop: Check out the latest tasks on their Discord after their X account got suspended. Stay updated here.
- NodeGo: Earn extra points by connecting your socials. For more, visit NodeGo Airdrop.
3) Morning Routine Meme Coin Crash
The “Morning Routine” meme coin, inspired by a viral video with over 800 million views, gained massive attention. The video, featuring ice water face dunks and mouth taping, became a viral sensation. However, the meme coin associated with it didn’t sustain its hype. After reaching an 18M market cap, it quickly plummeted back to a 4M market cap just two days later.
Despite its viral popularity, the token couldn’t maintain interest. Does this signal the end of meme coin hype, or is it just a blip in the market? Time will tell.
4) CryptoPunks Trending Up: Good News for NFTs
CryptoPunks have been experiencing a surge in popularity, with a 21% increase in their floor price over the past month. Currently, the floor is at 42 ETH (around $87,000).
This growth has set a positive trend for the entire NFT market. In the past seven days, over $5M worth of CryptoPunks have been traded. The sale of Zombie Punk #2967 for 420 ETH on March 23, 2025, highlights the increasing demand for these iconic NFTs.
This surge is also benefitting other high-profile NFT collections like Bored Apes and Pudgy Penguins. CryptoPunks’ dominance has been unchallenged, leading to a resurgence in interest for NFTs in general.
5) BNB Chain Leads DEX Volume This Week
BNB Chain has recently outperformed Ethereum and Solana in DEX volume. With nearly $2 billion in 24-hour trading volume, it now accounts for more than 30% of the total DEX market share. This marks a significant shift in the DeFi space, with BNB Chain growing while Solana and Ethereum’s DEX volumes have fallen.
The rise in memecoins on BNB Chain, including MUBARAK and BROCCOLI, has significantly driven up trading volume. This surge comes despite the broader market facing some downturns. The influence of CZ (Binance’s CEO) has also played a role in the rise of these meme tokens, further cementing BNB Chain’s dominance.
6) Tornado Cash Sanctions Lifted in Major Policy Shift
The U.S. Department of the Treasury has reversed its sanctions against Tornado Cash, the crypto mixing service. This marks a major shift in the regulation of decentralized finance (DeFi). Tornado Cash had been sanctioned in August 2022 due to its role in money laundering activities.
Privacy advocates are celebrating this decision as it supports the notion that code itself should not be targeted by sanctions. Tornado Cash’s ability to obfuscate transactions has made it a popular tool for privacy-conscious users. However, it also faced criticism for enabling illicit activities, including the laundering of over $455 million by the Lazarus Group, a hacker organization linked to North Korea.
7) Pakistan Plans to Legalize Cryptocurrency to Tackle Economic Slowdown
Pakistan is taking steps toward legalizing cryptocurrency to modernize its economy and attract foreign investment. The country already has a significant number of crypto traders, with an estimated 15-20 million Pakistanis involved in digital asset trading.
The Pakistan Crypto Council (PCC) aims to create a regulatory framework to integrate blockchain technology into the financial system. This move is crucial as countries like the U.S. and UAE have adopted crypto-friendly policies. Pakistan hopes that legalizing crypto will bring in more foreign investment, reduce reliance on external borrowing, and foster innovation.
8) GameStop to Add Bitcoin to Balance Sheet
GameStop (GME) has announced that it will add Bitcoin to its balance sheet, following in the footsteps of other publicly traded companies adopting a Bitcoin treasury strategy. The decision comes alongside GameStop’s fourth-quarter earnings report.
CEO Ryan Cohen had previously teased this move, sharing a picture with Michael Saylor, the Executive Chairman of Strategy. The company’s decision to invest in Bitcoin is seen as a way to transform its financial future and position itself as a leader in the gaming industry’s shift toward digital assets.
Final Words
The cryptocurrency space continues to evolve rapidly. Whether it’s new developments in the stablecoin market or significant updates in the airdrop sector, there’s no shortage of exciting events unfolding. Keep an eye on AirdropAlert for the latest news and updates on airdrops to stay ahead of the curve.
Stay informed, stay ahead, and as always, trade responsibly!
If you enjoyed this blog, you may want to check our other crypto news updates.
As always, don’t forget to claim your bonus below on Bybit. See you next time!
This blog is designed to keep you updated on the latest crypto news and airdrop updates, helping you make informed decisions in the fast-paced world of digital assets.
