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This is a strong gesture that marks the first 100 days of Donald Trump’s second term as President of the United States: the president has officially granted his presidential pardon to the three co-founders of the crypto exchange platform BitMEX — Arthur Hayes, Benjamin Delo, and Samuel Reed. Convicted in 2022 for violating the Bank Secrecy Act, the three crypto entrepreneurs had acknowledged that they neglected to implement effective anti-money laundering (AML) systems and customer identity verification ( KYC ). BitMEX was fined $100 million in January 2025 and placed on probation for two years. Donald Trump’s decision to wipe the criminal records of these iconic figures in the crypto sector is part of a broader strategy. Barely back in power, the Republican president is signaling support for the digital asset industry, breaking from the more restrictive approach of the Biden administration. However, Sam Bankman-Fried, former CEO of FTX sentenced to 25 years in prison for fraud, remains incarcerated despite his parents’ pleas for leniency and his own efforts in this regard. He has even been secretly transferred and placed in “isolation” after making shocking revelations to Tucker Carlson. This disparity in Donald Trump’s decisions raises questions about the potential political motivations behind these acts of clemency. This gesture already provokes mixed reactions. For supporters of cryptocurrency, it is a clear signal of political support for entrepreneurs in the sector. Some see it as a desire to make the United States a global crypto hub by easing regulatory pressure on exchange platforms. But critics denounce a form of impunity, highlighting that the offenses committed by the founders of BitMEX — Arthur Hayes, Benjamin Delo, and Samuel Reed, jeopardized the financial integrity of the system. This pardon from Donald Trump, although legal, could undermine the credibility of regulatory efforts in decentralized finance. With this new pardon, Donald Trump confirms his intention to rehabilitate key figures in the crypto sector. After having pardoned Ross Ulbricht, founder of Silk Road , it is now the turn of the BitMEX creators to benefit from his clemency. A strong message for a crypto-economy placed at the heart of his political agenda.

The State of Wyoming has officially launched the first state-affiliated stablecoin, the Wyoming Stable Token (WYST), on multiple blockchains. This is a major advancement, as Wyoming is the first state in the United States to offer a fiat-backed and reserve-created stablecoin. Wyoming officials disclosed the testing phase during the official fireside chat at the DC Blockchain Summit on March 26. Governor Mark Gordon, who also chairs the Stable Token Commission, noted the stable leadership Wyoming is taking in advocating for the legalisation of digital assets. Speaking to Executive Director Anthony Apollo, he confirmed that WYST has been deployed on the Ethereum, Solana, Avalanche, Arbitrum, Optimism, Polygon, and Base testnets using valueless tokens. This stablecoin follows the legal laws for over-collateralization with cash and the U.S. Treasury funds to meet its mandates. The interest that is generated from such reserves will go to the Wyoming School Foundation Fund, giving the initiative a broader state-level applicability. The Governor of Wyoming stressed Wyoming’s dedication to blockchain transparency and security, pointing out that the stablecoin backed by reserves will be auditable. LayerZero Labs, the token issuance partner for WYST, is overseeing the technical implementation of WYST by using the Omnichain Fungible Token (OFT) Standard. This architecture allows the issuance of tokens from one chain to live on another chain with ease. During initial demonstrations, a cross-chain transaction was performed with Ethereum and Avalanche testnets using the Stargate bridge, which operates on LayerZero technology. Simon Baksys, the Vice President of Business Development at LayerZero Labs, explained that the Wyoming dollar onchain is the future of Finance. WYST’s multichain compatibility, which was to be implemented later in the development stage, has been precociously activated in the state to integrate into the mainnet. These test transactions make it possible to assess the performance of a given system prior to going live. The Wyoming Stable Token Act was proposed in February of 2022 and laid the foundation for the state-issued stablecoin. The legislation required that the coin be linked to the US dollar and be redeemable for legal tender money. After the law was passed in March 2023, technical experts, accountants, and auditors formed the development team to manage the stablecoin’s generation and issuance. As the initiative advanced, the Stable Token Commission recruited industry and government leaders to investigate the use of stablecoins. Although Governor Gordon expected it to go live in Q1 2025 when speaking to an audience at the Wyoming Blockchain Symposium in August 2024, the timeline of development has extended beyond the estimates. The stablecoin will be backed up with the U.S. Treasury Bills and repurchase agreements for financial stability purposes. This can be aligned with the growing interest in stablecoins among players in the corporate world and state institutions. Currently, the asset management firm Fidelity Investments is weighing the possibility of its own stablecoin as part of its digital cash plans.

Chainlink (LINK) seems to have taken a hit by the recent broad market liquidation as it has declined by 5% on its daily price chart to plunge below its crucial support level at $15. At press time, the asset was trading at $14.6 with a market cap of $9.6 billion. Meanwhile, its daily trading volume stages a 7% nosedive to reach $356 million. As outlined in our recent coverage, these declines were probably triggered by high sell-off concerns. Conversely to the overall market behavior, the asset continues to dominate in terms of user engagement as its social dominance significantly increases across all platforms. According to Santiment data , Chainlink’s discussion on social media has reached its highest point since October 2024. As discussed earlier, Chainlink has been on top of social metrics with our previous coverage highlighting the asset comfortably dominating in the Real World Assets (RWAs) category in terms of social mentions. Meanwhile, key whales and sharks with wallet sizes of between 10K to 10M have added 26 million more LINK since September 2024. According to the data, wallets of this size have reached an all-time high of 438.33M LINK, representing 43.8% of the supply. Explaining some of the reasons for the incredible surge in social discussion, Santiment mentioned the recent news surrounding a private meetup between US governance and the blockchain industry. At the event, Chairman Tim Scott stressed the importance of creating a healthy environment for digital asset firms to thrive in the US. Analysts have hinted that the rising social discussion around LINK signifies a growing interest and potential adoption which could subsequently reflect in its price. Currently, the asset faces a crucial resistance level at the $16.5 to $17.3 range. A break above the upper level of this area could see LINK hovering within a major resistance range of $20.2 to $21.7 range. On the downside, LINK could extend its current downward trend to find support at the lower side of the uptrend which is fixed at $12.6. Meanwhile, analyst Marzil still remains optimistic as he insists that the asset could stage a rebound to hit three key targets – $25.80, $32.66, and $40.70. Earlier, this analyst explained that LINK is trending within an ascending wedge structure after staging a rebound from the Fibonacci level of 0.786 ($13.55). When LINK was trading at $26, an analyst identified as Rose disclosed that the asset was “sitting” at an accumulation zone. At that time, Rose pointed out that a further drop to the $18-$20 range would act as another buying opportunity. 13 Days of accumulation below the $28 key level for $LINK. In my opinion, current levels are ideal for buying as we are still in accumulation and above the breakout zone. Worst-case scenario: Add more if $LINK revisits the breakout area. Anything below $20 is a buying opportunity! Currently, the asset trades below the highlighted accumulated zone, however, Rose expects a rebound to $39, as explained in our last analysis.

#Alert🔴 , #MarketSentimentToday $BTC /USDT – Major Crash Continues, Eyeing $80K Support #Bitcoin (BTC) is facing a severe correction, dropping by 2.38% and currently trading at $82,998.21 after breaking the critical $83,000 support level. The 24-hour high of $85,609.74 showed some initial bullish attempts, but the price quickly reversed, leading to a sharp selloff. BTC has now established a new low at $82,943.19, signaling that the bears are firmly in control. The consistent decline with lower highs and lower lows on the 4-hour chart suggests further downside pressure. Traders should now be cautious as the next key support lies at $80,000, which is expected to act as a major psychological level. If BTC breaks below $80,000, it could trigger panic selling, pushing the price toward lower support zones. However, if BTC manages to hold above this key level, we might see a potential bounce and a reversal toward $85,000. Traders looking to enter long positions should watch for bullish confirmation above $83,000 before considering any entries. On the flip side, aggressive short sellers can capitalize on further downside momentum if BTC breaches the $80,000 support zone. Maintaining tight stop-losses and monitoring price action closely will be essential to navigating the current market volatility. Trade here on $BTC

: $IMT Coins Staking and Validation*.$PARTI Staking Staking is the process of holding $IMT coins in a wallet to support the operations of the Immutable Technologies blockchain network. *Benefits of Staking* 1. *Passive Income*: Staking enables $IMT coin holders to earn passive income in the form of interest or rewards. 2. *Network Security*: Staking helps secure the network by incentivizing validators to act honestly and maintain the integrity of the blockchain. 3. *Governance*: Staking can provide $IMT coin holders with voting rights, enabling them to participate in governance and decision-making. *How Staking Works* 1. *Wallet Setup*: $IMT coin holders set up a wallet to hold their coins. 2. *Staking*: Coins are "staked" or locked into the wallet for a specified period. 3. *Validation*: Validators verify transactions and create new blocks, with staked coins serving as collateral. 4. *Reward*: Validators are rewarded with $IMT coins for their participation. Validation Validation is the process of verifying transactions and creating new blocks on the Immutable Technologies blockchain network. *Types of Validators* 1. *Node Validators*: Node validators operate nodes on the network, verifying transactions and creating new blocks. 2. *Staking Validators*: Staking validators participate in the staking process, providing collateral to support the network. *Validation Process* 1. *Transaction Verification*: Validators verify transactions to ensure their integrity and validity. 2. *Block Creation*: Validators create new blocks, adding verified transactions to the blockchain. 3. *Block Validation*: Validators validate new blocks, ensuring their accuracy and consistency. Benefits of Validation 1. *Network Security*: Validation helps secure the network by ensuring the integrity and validity of transactions. 2. *Reward*: Validators are rewarded with $IMT coins for their participation. 3. *Governance*: Validation can provide validators with voting rights, enabling them to participate in governance and decision-making.