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Bitcoin analysts said buyers were regaining control, but reclaiming $78,000 as support was key to reversing the overall downtrend. Market analysts say Bitcoin (BTC) is in a relief rally after its 17% recovery from multi-year lows below $60,000, but the $78,000 level is key to reversing the broader downtrend. Key takeaways: Bitcoin price is up 17% from sub-$60,000 lows as onchain data shows signs of returning demand. Read more
Investors allege JPMorgan helped facilitate fund flows in a $328 million crypto Ponzi scheme, while a parallel federal case targets Goliath Ventures’ founder. JPMorgan is facing a lawsuit for allegedly enabling a $328 million crypto Ponzi scheme run by now-defunct Goliath Ventures. Investors on Tuesday filed a proposed class action in the US District Court for the Northern District of California, accusing JPMorgan of ignoring suspicious transactions and allowing Goliath to use its infrastructure to collect investor funds. A separate federal criminal complaint against Goliath CEO Christopher Delgado, however, says investor funds also flowed through a Bank of America account and directly into Coinbase wallets. Read more
CFTC Chair Michael Selig has said that the agency has authority over prediction markets like Kalshi and Polymarket and warned it will defend that jurisdiction in court if challenged. The US state of Utah is set to block prediction market platforms such as Kalshi and Polymarket, escalating a growing dispute between state regulators and federal authorities over how the industry should be regulated. On Wednesday, Utah’s HB243 (Gambling Revisions) bill was sent to the governor’s desk after passing the Utah House on Feb. 10 and clearing the Senate on Feb. 27. The bill defines “proposition betting” as gambling. Proposition bets are wagers on individual events within a game, such as how a specific athlete performs or whether a team reaches a certain statistic, rather than the final outcome of the game itself. The goal of the legislation is to prevent companies from offering sports-related prediction or prop betting in Utah, including through platforms that label themselves as prediction markets rather than sportsboo...
The SEC and CFTC said they would adopt a “minimum effective dose” regulatory strategy to foster innovation while maintaining market integrity and keep the US competitive globally. Two of the US’s most influential financial regulators have agreed to better coordinate oversight of the financial markets, seeking to put an end to decades of “regulatory turf wars” between them. According to the memorandum of understanding written on Wednesday, the US Securities and Exchange Commission and US Commodity Futures Trading Commission said it has become a “pivotal time” to regulate in harmony as new technologies, such as crypto, make it more challenging to monitor the markets: “New trading models, digital infrastructure, and onchain, automated systems increasingly blur traditional jurisdictional lines,” they said, particularly as market participants operate across platforms and asset classes. Read more
Despite a decline in the price of XRP in the last year, Ripple is expected to reach a valuation 25% higher than reported after a November 2025 funding round. Ripple Labs reportedly plans to buy back up to $750 million worth of shares from investors and employees in a program set to give the company a $50 billion valuation. According to a Wednesday Bloomberg report, Ripple plans to run a tender offer for the shares through April. The $750 million buyback program will reportedly value the company at $50 billion, 25% higher than the valuation assigned following its $500 million raise in November 2025. The company’s president, Monica Long, said at the time that Ripple had no plans to go public. The reported buyback follows Ripple's expansion of operations beyond the crypto industry, including through the $1.2 billion acquisition of non-bank prime broker Hidden Road and treasury management system provider GTreasury in October. Earlier this week, the company said that it would move forward with plans for a financia...
The program connects crypto companies, banks and payment providers to explore blockchain-based payment and settlement infrastructure. Mastercard has launched a global crypto partner program that initially brings together more than 85 companies across the digital asset and payments industries to collaborate on blockchain-based payment and settlement systems. The initiative is designed to connect crypto companies, financial institutions and payments providers as digital assets begin playing a larger role in cross-border transfers, payouts and other financial services. Participants include crypto exchanges, blockchain networks and infrastructure providers including Binance, Circle, Gemini, Paxos, Ripple, PayPal, Polygon, Solana, Crypto.com, MoonPay, Fireblocks and the Canton Network. Read more
The financial tech company was granted a full UK banking license on Wednesday and has also applied for a federal bank charter in the United States. Financial technology company Revolut announced on Wednesday that it has launched a bank in the United Kingdom after receiving regulatory approval from the Prudential Regulation Authority (PRA), a banking and financial services regulator. Revolut Bank UK will begin offering deposit accounts for individuals and businesses, with eligible deposits up to 120,000 British pounds ($160,958) protected by the Financial Services Compensation Scheme (FSCS), according to the company’s announcement. The FSCS offers a safety net for customer deposits at banks and other financial institutions, similar to the Federal Deposit Insurance Corporation (FDIC) insurance for US bank deposits up to $250,000. Read more
Bitcoin remains under pressure as war and poor jobs data offset ETF inflows, shifting the $78,000 price target from late March to the coming months. Key takeaways: Professional traders remain cautious, pricing low odds for a Bitcoin breakout to $78,000 despite recent ETF inflows. US and Israel-Iran war and soft US labor data offset momentum in Bitcoin ETFs. Read more
A proposed plan by the agency would ban “pass-through insurance“ for stablecoins by third parties in addition to the FDIC not insuring deposits under the law. Travis Hill, chair of the US Federal Deposit Insurance Corporation (FDIC), confirmed that, in his opinion, a law passed in July would not give the agency the authority to guarantee stablecoin deposits. In remarks prepared for the American Bankers Association (ABA) Washington Summit on Wednesday, Hill said that under rules for the stablecoin payments bill, the GENIUS Act, the FDIC would not allow the government to guarantee deposits once the law was fully implemented. Similarly, stablecoin issuers would be prohibited from representing that the digital assets were FDIC insured, and a proposed plan would stop “pass-through insurance” by third parties. “If a payment stablecoin arrangement qualified for pass-through insurance, this would mean that if a bank holding the issuer’s reserves in a deposit account failed, the FDIC would insure the deposit account ...
The digital asset infrastructure company plans to launch the pool in April as it expands beyond Bitcoin mining services. Digital asset infrastructure company Foundry Digital plans to launch a mining pool for Zcash in April 2026, expanding beyond Bitcoin mining infrastructure. The company said the pool will be designed for institutional and publicly traded miners seeking compliance-focused mining services. The new pool will be based in the United States and built on the same infrastructure used by Foundry USA Pool, which is operated by the company. Foundry said the service will include reporting tools and payout systems intended to meet the operational requirements of institutional miners. Zcash is a privacy-focused cryptocurrency which features an encrypted ledger using zero-knowledge proofs. A mining pool is a service that allows multiple miners to combine computing power and share block rewards, increasing the chances of earning consistent payouts. Read more
The cost of medical care, apparel, household furnishings, airline fares, and education all rose during the month of February, BLS data shows. The latest rise in the consumer price index (CPI) was “in line with estimates,” and rising inflation has already been priced into the macroeconomic data for the March CPI print, according to market analysts at exchange-traded product (ETP) issuer 21Shares. Shelter rose 0.2% in February, while the food sector of the CPI rose 0.4%, energy increased by 0.6%, and the index for all items, excluding food and energy, rose by 0.2%, according to the US Bureau of Labor Statistics (BLS) February CPI report. Stephen Coltman, head of macro at 21shares, said the upcoming CPI prints place even more pressure on the Federal Open Market Committee (FOMC), the body that decides interest rate policy. He said: Read more
Binance data points to shifting liquidity flows and evolving trader positioning that may support Bitcoin’s next price move. The next big breakout for Bitcoin (BTC) may hinge on changes unfolding across Binance’s exchange flows and derivatives activity. Onchain data from the largest cryptocurrency exchange currently show a cooling of whale deposits, rising BTC withdrawals, and growing futures dominance, which may influence the next direction for Bitcoin’s price. The Bitcoin exchange whale ratio on Binance, which measures the ten largest inflows relative to total exchange deposits, surged above 0.60 during early February, indicating strong selling by whales. Read more
Ben McKenzie's film, “Everyone Is Lying to You for Money” touts interviews with former FTX CEO Sam Bankman-Fried on his political donations. Ben McKenzie, a Hollywood actor known for his roles on television shows including Gotham and The OC, has released the trailer for a documentary about cryptocurrency featuring interviews with actors and former executives at once-prominent trading platforms. Released by international sales agency and distributor The Forge on Tuesday, the trailer for the documentary, titled “Everyone Is Lying to You for Money,” showed McKenzie saying cryptocurrency was “pretty stupid” and the actor’s journey to advocating against the industry. The film features footage from 2022 of former FTX CEO Sam “SBF” Bankman-Fried and former Celsius CEO Alex Mashinsky before their respective companies collapsed, as well as interviews with celebrities including Morena Baccarin and Gerard Butler. The trailer shows McKenzie directly asking SBF how much he had donated to politicians; it lists among its ca...
The investment makes Strive the latest corporate to add the yield-generating security to its balance sheet as companies explore Bitcoin-linked treasury instruments. Strive Asset Management (ASST) said Wednesday it has allocated $50 million of its corporate treasury to STRC, the variable-rate perpetual preferred stock issued by Strategy. The investment represents more than one-third of Strive’s treasury reserves and reflects growing institutional interest in yield-generating securities linked to Bitcoin-focused treasury strategies, according to a company announcement. The allocation makes Strive the latest company to add STRC to its balance sheet, following similar moves by companies including Prevalon Energy, Anchorage Digital and Oranjebtc, according to Strategy. Read more
Bitcoin enters its most psychologically challenging cycle phase as BTC sellers and rising losses signal prolonged uncertainty and potentially more pain ahead. Bitcoin (BTC) failed to break the $72,000 resistance on Tuesday, as onchain data suggested that BTC was entering the most “challenging” phase of the cycle. Key takeaways: Bitcoin price stays range-bound following another rejection at $72,000. Read more
VanEck products will be available on fintech 401(k) provider Basic Capital, offering retirement savers potential exposure to digital assets through exchange-traded funds. VanEck has made some of its digital asset exchange-traded products (ETPs) available to 401(k) holders in the United States, signaling a push to integrate crypto-focused investments into traditional retirement accounts. On Wednesday, the fund issuer said a selection of its digital asset ETPs will be offered through Basic Capital, a fintech platform that provides employer-sponsored 401(k) plans. The companies did not specify which VanEck digital asset ETPs will be available on the platform. Within crypto, VanEck is best known for the VanEck Bitcoin Trust (HODL) and the VanEck Ethereum Trust (ETHV), its spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs). Read more
Bitcoin is facing resistance just above $70,000, but the bulls have kept up the pressure, increasing the possibility of a rally to $74,508. Key points: Bitcoin is facing selling above $70,000, but a shallow pullback increases the likelihood of a rally to $74,508. Select major altcoins are showing strength and may break above their overhead resistance levels. Read more
STRC’s average daily volume implies buying power for about 1,940 BTC per day, more than four times the amount of new Bitcoin mined. Michael Saylor’s Strategy (MSTR) may reach the 1 million Bitcoin (BTC) milestone faster than expected, potentially overtaking BlackRock in total holdings. Key takeaways: STRC share sales have generated cash to acquire over 3,500 BTC so far this week. Read more
Bitcoin price reacted positively as US CPI inflation conformed to market expectations, as traders stayed in wait-and-see mode. Bitcoin (BTC) broke back above $70,000 around Wednesday’s Wall Street open as US inflation data soothed anxious markets. Key points: Bitcoin bounces around a narrow range as US inflation data offers a modest tailwind. Read more
SlowMist introduced a layered security framework for Web3 AI agents as autonomous tools handle more onchain actions and digital assets. Cybersecurity company SlowMist has introduced a five-layer security framework for AI and Web3 agents, pitching it as a way to reduce the growing risks that come with autonomous systems handling onchain actions and digital assets. In a Wednesday blog post, the company said the framework centers on a user’s AI agents and combines governance controls through its AI Development Security Solution, or ADSS, with execution-layer tools including OpenClaw, MistEye Skill, MistTrack Skill and MistAgent. The company said the system is designed to create a closed-loop process of checks before execution, constraints during execution and review afterward. SlowMist’s so-called “digital fortress” aims to defend against risks including prompt injection, supply chain poisoning attacks, data leaks and asset loss due to unauthorized operations or AI agent behavior exploits. It also seeks to reduc...10222 items