Crypto

BTC traded just above $70,000 as Middle East tensions drove oil higher and traders reassessed inflation in advance of the U.S. jobs report due later Friday.

Project Samara will continue to test issuing, trading and settling bonds using digital Canadian dollars on a distributed ledger.

US spot Bitcoin ETFs saw $228 million in outflows Thursday, ending a three-day inflow streak, while Solana ETFs posted their first losses since February. The latest streak of inflows in US spot Bitcoin exchange-traded funds (ETFs) was interrupted by fresh outflows as the BTC price dipped below $71,000 on Thursday. Spot Bitcoin (BTC) ETFs saw $228 million in net outflows on Thursday, ending the three-day inflow streak of about $1.1 billion, according to SoSoValue data. While weekly inflows still held at $917.3 million heading into Friday’s session, year-to-date net outflows rose to around $900 million. Cumulative inflows in 2026 so far amount to $3.58 billion, while cumulative outflows total $4.49 billion. Read more

Bitcoin exchange withdrawals spiked to more than $2 billion of BTC on Wednesday, with analysis eyeing a potential major spot buy. Bitcoin (BTC) “large-scale accumulation” is on the radar after 31,900 BTC left Bitfinex in a single day. Key points: Bitcoin exchange withdrawals spark hope of a fresh round of accumulation this week. Read more

The previous plans laid out by the country's central bank indicated that it wanted to form the fund from crypto seizures.

Investors are turning more defensive as geopolitical tensions rise and key U.S. labor market data approaches.

New York users gain access to Strike’s Bitcoin brokerage, recurring buys and paycheck-to-Bitcoin services after the NYDFS licensing approvals. Payments company Strike received a virtual currency license and a money transmitter license (MTL) from the New York State Department of Financial Services (NYDFS), allowing the company to offer its Bitcoin services to residents and businesses in New York. Granted in February, the approvals authorize Zap Solutions, Inc., which does business as Strike, to operate under New York’s digital asset regulatory framework, the company said in a Thursday release. New York residents can now use Strike to buy and sell Bitcoin (BTC), set recurring or price-targeted purchases and convert direct-deposited paychecks into Bitcoin. The platform also allows users to pay bills from Bitcoin balances and withdraw funds to self-custody wallets. Read more

Wall Street is pouring billions into public Bitcoin mining companies, but the investment thesis has little to do with the emerging industry's future. Instead, the financial institutions are treating these crypto firms as critical power-and-permitting infrastructure, a scarce asset in an artificial intelligence boom that is increasingly constrained not by a lack of advanced semiconductors, […] The post Bitcoin mining profit plummets to $500 per BTC as costs surge past $70k as Wall St funds miners’ AI escape hatch appeared first on CryptoSlate.

A federal judge froze 70.6 Bitcoin tied to BlockFills after Dominion Capital alleged customer fund misuse and sought the return of disputed assets. A US judge has temporarily frozen 70.6 Bitcoin tied to crypto lending and trading firm BlockFills and ordered an accounting of segregated customer funds after Dominion Capital accused the company of misappropriating customer assets and commingling funds, according to a court filing. The complaint, filed Feb. 27, alleges that BlockFills unlawfully retained millions of dollars in customer crypto assets and used commingled funds to cover losses. Judge Mary Kay Vyskocil issued a temporary restraining order (TRO) for 70.6 Bitcoin (BTC), worth about $5 million, currently held by BlockFills, which Dominion is claiming, according to a Tuesday court filing. BlockFills must respond to the court order by March 17, 2026. The order comes three weeks after BlockFills halted withdrawals in February. Read more

The VARA alert comes just a couple of weeks after Austria's financial regulator prohibited the European arm of KuCoin from conducting new business.

$2.6B Options Expiry: BTC & ETH Max Pain Levels The post Crypto News Today: $2.6 Billion Options Expiry With Volatility Expected appeared first on Cryptonews.

The US regulator has dismissed all claims against Sun, the Tron Foundation, and BitTorrent Foundation.

Vancouver city staff say Bitcoin is not permitted under the Vancouver Charter and recommend dropping Mayor Ken Sim’s 2024 reserve proposal ahead of a Tuesday council vote. Vancouver, Canada, city staff said Bitcoin cannot be held in municipal reserves and recommended that the city council drop a proposal to create a Bitcoin reserve. City staff, led by Colin Knight, general manager of the Finance and Supply Chain Management Department, “conclusively determined” that Bitcoin (BTC) is not an “allowable investment” under the Vancouver Charter, according to a motions update report dated Monday. Staff recommended merging the motion with other related initiatives to reprioritize resources, with a final decision pending a council vote at a meeting slated for Tuesday. Read more

Officials say the Vancouver Charter limits city reserves to government debt, bank instruments and other traditional assets.

Ethereum at $2,160: Breakout or Bull Trap? The post ETH USD: Is the Ethereum Breakout a Bull Trap? appeared first on Cryptonews.

The March 12 deadline comes just days after the protocol was updated to the v19.9. Here's what's next.

The regulator warned investors that promotions tied to the exchange are not approved in Dubai and urged residents to verify licensed virtual asset providers. Dubai’s digital asset regulator has instructed entities behind crypto exchange KuCoin to halt unlicensed virtual asset services in the emirate, warning investors that the platform is not authorized to serve Dubai residents. ​In a Thursday investor and marketplace alert, the Virtual Assets Regulatory Authority (VARA) said that Phoenixfin Pte Ltd, MEK Global Limited, Peken Global Limited and Kucoin Exchange EU GmbH, all commercially advertising as KuCoin, may be providing virtual asset activities to Dubai residents, “without the necessary regulatory approvals and misrepresenting its licensing status.”  VARA said the group had been instructed to cease and desist from all unlicensed digital asset activities and stressed that KuCoin did “not hold any licence to provide Virtual Asset services in/from Dubai.” Read more

The company behind the clothing brand Original Penguin has accused Pudgy Penguins’ clothing merchandise of infringing on its trademarks. PEI Licensing, the firm behind the clothing brand Original Penguin, has filed a lawsuit against the nonfungible token project Pudgy Penguins, alleging trademark infringement, dilution and unfair competition. The lawsuit, filed Wednesday in a Florida federal court, focuses on Pudgy Penguins’ apparel, alleging the company uses a “family of penguin trademarks that are confusingly similar” to PEI’s marks. “This action results from Defendant’s unauthorized use and attempted registration of various PENGUIN word and design trademarks in connection with apparel and related goods and services that are confusingly similar to PEI’s federally registered and famous PENGUIN and penguin design trademarks,” PEI said in its complaint. Read more

The end of another week has arrived, which means more crypto options contracts are expiring as spot markets eye recovery. 

The altcoins with “real world” traction and application will be the winners of the next altcoin season, says Bitwise’s Matt Hougan. Altcoins with real-world traction and applications will be the winners of the next altcoin season, according to Bitwise investment chief Matt Hougan. The euphoric altcoin seasons in which almost every cryptocurrency rises across the market are probably not coming back, Hougan said. “I think that game is over. I think we’ll see a non-traditional altcoin season,” he said in an interview on Wednesday. “An altcoin season that rewards assets with real-world traction and applications.” Read more