Crypto Update from 24th March: Ethereum, Saylor’s Bitcoin Stacking, and Circle in Focus

Crypto Update from 24th March: Quantum-Proofing Ethereum, Saylor's Relentless Bitcoin Stacking, and Circle's Bold Call to EU Regulators

Here’s a look at what happened in crypto yesterday. 

Ethereum Devs Ramp Up Quantum Defense with Fresh Post-Quantum Team

Ethereum developers are stepping up their game big time, launching a dedicated resource hub and a brand-new Post-Quantum team this week to shield the blockchain from tomorrow’s quantum computing threats. 

It’s a smart, proactive play that shows just how seriously the ecosystem is taking long-term security.

Supporters from the Ethereum Foundation behind the initiative are aiming to weave quantum-resistant solutions right into the protocol level by 2029, with follow-on upgrades targeting the execution layer.

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This kind of crypto update is what will keep Ethereum ahead of the curve for years to come.

Saylor Keeps Buying Bitcoin, Even as Paper Losses Pile Up

Michael Saylor isn’t flinching, regardless of what the balance sheet says. Critics have called his all-in Bitcoin strategy risky for ages, but the Executive Chairman of Strategy just kept loading up anyway.

Between March 16 and 22, Strategy snapped up 1,031 Bitcoin for roughly $76.6 million at an average of $74,326 per coin. That brings their total stash to a massive 762,099 BTC, bought for $57.69 billion at an average cost of $75,694. 

Even with Bitcoin trading below that level and an unrealized loss hovering near $4 billion, the company’s stock popped 1.9% after the news, and pre-market trading saw gains up to 1.14%. 

Shares are still up about 5% this month, proving the market loves the relentless buying

Circle has  a crypto update to the EU to slash crypto thresholds 

Circle told Brussels that it’s time to loosen those crypto thresholds that are currently slowing down serious institutional adoption across Europe.

In their official response to the European Commission’s proposed Market Integration Package (MIP), submitted on March 20, Circle called the plan a “meaningful step toward a digitally enabled financial system” but pointed out several fixes still needed. 

They’re pushing to reform the Distributed Ledger Technology (DLT) Pilot Regime and make it easier for more crypto-asset service providers to work with e-money tokens (EMTs). If adopted, these changes could unlock way more liquidity and growth.

This crypto update highlights how players like Circle are actively shaping the rules to make Europe a friendlier place for digital assets.

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