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Bitcoin is beating gold during the Iran war, but its dependence on liquidity cycles keeps the safe haven narrative in question. Before the Iran war broke out, Bitcoin spent months trading sideways while gold rallied to record levels. At the time, gold was seen as the go-to safe haven; inflation concerns remained persistent and geopolitical tensions continued to build, while Bitcoin (BTC) failed to live up to that role. Nearly a month after the US and Israel launched the first strikes on Iran on Feb. 28, that view is being challenged. Bitcoin initially fell to $63,176 on the news of the attacks but has since risen about 12% to $71,012, as of Wednesday. Read more
Bitcoin traders agreed that BTC price action needed to retake $72,000 to open up the odds of further upside as gold and US stocks gained. Bitcoin (BTC) returned to $72,000 on Wednesday as gold continued its rebound from four-month lows. Key points: Bitcoin price performs a support retest of its 50-day moving average before hitting $72,000. Read more
CBDCs bridge the 1.3 billion unbanked cash-digital divide. Governments must actively promote them as trusted, low-cost gateways to formal financial inclusion. Opinion by: Xin Yan, co-founder and CEO of Sign. Financial exclusion remains one of the most persistent challenges for national governments. World Bank data highlights how more than 1.3 billion adults remain unbanked, without access to a financial account. These people rely on cash, creating a ‘cash-digital divide’, which excludes them from the formal economy. To bridge the divide, governments need to promote CBDCs actively. As a trusted, risk-free alternative to physical cash, CBDCs are ideal instruments for the financially excluded demographic. With a seamless entry point to the financial ecosystem, mass adoption of CBDCs is a vital catalyst and a foundational pillar for achieving universal financial inclusion. Read more
The ECB’s Piero Cipollone said the central bank wants key technical standards for a possible digital euro locked in by this summer so banks and merchants can prepare for the rollout. European Central Bank Executive Board member Piero Cipollone said on Tuesday that the ECB expects by this summer to announce the European standards it will use for a potential digital euro, a step aimed at helping payment providers and merchants prepare their systems ahead of any issuance decision. Cipollone told European Union lawmakers that, once those standards are announced, the ECB will work with market participants so they can begin embedding them into payment terminals and other solutions as soon as possible. Cipollone said finalizing the rulebook would let new terminals and payment apps ship with the necessary rails already embedded, giving European companies a head start once EU legislation is in place, which the ECB expects to happen in 2026. Read more
Bitcoin bounced back above $71,000 after US President Donald Trump’s administration sent a proposal to Iran aimed at ending the war. Bitcoin (BTC) rose back above $71,000 during the early Asian trading hours on Wednesday after Trump’s administration offered a 15-point plan to Iran to end the war, sparking short-term optimism across risk assets. Key takeaways: Bitcoin bounces 4% to $71,500 after President Trump sent Iran a 15-point proposal aimed at ending the war. Read more
Bhutan moved 519 Bitcoin from its state-linked wallet, extending a March drawdown that has cut its sovereign stash far below 2024 levels. Bhutan moved more Bitcoin from its state-linked wallet on Wednesday, extending a March drawdown in its sovereign holdings. Arkham data showed a Bhutan government-linked wallet transferred about 519.7 BTC, worth roughly $36.7 million, to two wallets on Wednesday. Onchain Lens said one of the destination wallets was linked to trading firm QCP Capital. The move marked the Bhutan-tagged wallet’s third large Bitcoin transfer in March, following the $72 million moved in six separate transactions in the 24 hours leading up to March 18, and the $11.8 million moved on March 9. Read more
The update allows one fee redirect per token, after which settings are permanently locked to prevent repeated post-launch changes. Memecoin launchpad Pump.fun introduced a new restriction on creator fee settings, limiting token deployers to a single post-launch change in how fees are distributed on the platform. In a post on X, Pump.fun co-founder Alon Cohen said the update aims to reduce “griefing” — where creators alter fee recipients after a token gains traction — and other forms of manipulation tied to fee redirection, where token creators can alter who receives fees after a coin gains traction. Under the change, each token will have one opportunity to redirect creator fees to a different wallet, after which the configuration becomes permanently locked. Read more
A Thane judge granted bail to CoinDCX co-founders Sumit Surendra Gupta and Niraj Ashok Khandelwal, finding no case against them. A magistrate court in Thane, India, has granted bail to CoinDCX co-founders Sumit Surendra Gupta and Niraj Ashok Khandelwal, ruling that no prima facie case was made out against them in a 71 lakh Indian rupees ($75,000) cheating complaint linked to a fake trading platform posing as the Indian crypto exchange. The court’s common order on March 23 on their bail applications concluded that they were entitled to bail because no case was made out against them, even on an initial look at the available evidence. The founders were taken in for questioning on Saturday and remanded over the weekend after a complaint alleged they had duped an investor. In the order, the magistrate recorded that the investigation officer had “no objection” to their release and that the applicants were not present in Mumbra when the alleged offence took place, adding that “some other person by representing as a...
Ripple joined the Monetary Authority of Singapore’s BLOOM initiative with Unloq to test RLUSD and XRPL for programmable cross-border trade settlement in Singapore. Financial technology company Ripple said Wednesday it had joined the Monetary Authority of Singapore’s (MAS) BLOOM initiative with supply chain finance technology firm Unloq to test programmable cross-border trade settlement using the XRP Ledger and Ripple USD. The pilot will use Unloq’s SC+ smart-contract-driven trade finance infrastructure, which integrates trade obligations, settlement conditions and financing workflow into a single execution layer. The pilot will also utilize Ripple’s XRP Ledger (XRPL) and its stablecoin designed for enterprise use cases, Ripple USD (RLUSD), the announcement states. MAS launched BLOOM, short for Borderless, Liquid, Open, Online, Multi-currency, in October 2025 to extend settlement capabilities using tokenized bank liabilities and regulated stablecoins. Read more
A crypto wallet tied to a convicted drug dealer thought to have lost his wallet keys transferred 500 Bitcoin to Coinbase on Tuesday. Irish national police say they have cracked one of 12 Bitcoin wallets linked to a convicted drug dealer, years after they were confiscated and their access codes were thought to be gone forever. Ireland’s Criminal Assets Bureau (CAB) said in a statement on Tuesday that it had “gained access to and seized a cryptocurrency wallet” containing 500 Bitcoin (BTC), worth more than $35 million, with the help of Europol's European Cybercrime Centre. “Europol hosted operational meetings at its headquarters in The Hague, the Netherlands and provided critical support to Bureau investigators and analysts with the provision of highly complex technical expertise and decryption resources vital to the success of the operation,” the CAB said. Read more
Falling tech stock prices and rising bond yields have forced a rush for cash, preventing Bitcoin from gaining any bullish momentum. Key takeaways: Investors dumped gold and bonds for cash as war-driven oil spikes and inflation forced a defensive market stance. Rising yields and a 20% rate hike chance signal a tight outlook, leaving Bitcoin vulnerable amid soaring US debt. Read more
21shares president Duncan Moir sees shifting investor demand and evolving product strategies pushing crypto ETFs and ETPs beyond passive exposure. Crypto asset manager 21shares sees actively managed exchange-traded products as the next phase of crypto investing, as the market matures beyond simple price-tracking funds. Duncan Moir, president of 21shares, told Cointelegraph in an exclusive interview that because crypto is a nascent and growing asset class, it is particularly well suited to active management. He said the company combines bottom-up research on individual assets with quantitative and discretionary top-down strategies to manage risk and position portfolios, adding that 21shares has been expanding its portfolio management and trading teams to support more sophisticated products. Read more
The move aims to integrate the second-biggest dollar-pegged stablecoin into regional payment networks to improve cross-border transactions and remittances. Circle is partnering with Sasai Fintech to expand the use of its USDC stablecoin across African payment corridors, targeting remittances, business transactions and mobile wallet services. According to Tuesday’s announcement, collaboration will integrate the second-biggest stablecoin into Sasai’s existing payments infrastructure, which supports cross-border transfers, enterprise payments and consumer wallets, with the aim of reducing costs and settlement times. Sasai operates across multiple African markets, providing digital payments services that will integrate with Circle’s onchain infrastructure. Read more
Chair Michael Selig said that the task force was an example of “future-proofing“ regulation at the Commodity Futures Trading Commission. The US Commodity Futures Trading Commission (CFTC) is looking to embrace innovation in its regulatory approach to crypto and blockchain with the launch of a new Innovation Task Force, according to a Tuesday notice. Chair Michael Selig said that the task force will work with the regulator’s Innovation Advisory Committee to create a framework focused on crypto, blockchain, AI, and prediction markets. The effort will be led by Michael Passalacqua, who joined the CFTC as a senior adviser in January after working on crypto and blockchain issues at international law firm Simpson Thacher & Bartlett. “The idea behind our innovation advisory task force is really to create a space where innovators and builders can come in and talk to the staff,” Selig told attendees at the Digital Asset Summit in New York City on Tuesday. “It’s not just crypto — it’s going to be prediction markets, cr...
Lombard CEO Jacob Phillips announced at the Digital Asset Summit that the platform enables institutions to earn yield and borrow against Bitcoin without moving assets out of custody. Lombard, a company building Bitcoin-based lending infrastructure, will team with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin (BTC) without moving assets out of custody, aiming to unlock hundreds of billions of dollars in Bitcoin held in institutional custody. The partnership was announced Tuesday at the Digital Asset Summit in New York. Jacob Phillips, CEO and co-founder of Lombard, told Cointelegraph: Read more
Bitcoin volatility rose as stablecoin flows surged to $440 billion over the weekend, highlighting investors’ pivot to cash as BTC spot and futures activity decreased. Bitcoin (BTC) holders are gradually becoming less prone to panic selling and instead building up cash buffers to deploy during discounted BTC buying opportunities. Onchain data supports this view, highlighting a large surge in stablecoin activity, with USD Coin (USDC) and Tether’s USDt (USDT) transfers reaching a combined $440 billion on March 22. This shift in investor behavior aligns with the increasing risk-off approach seen in markets as the United States Federal Reserve dismissed near-term interest rate cut expectations, amid rising energy prices due to the ongoing US and Israel-Iran war. Bitcoin’s recent price action highlights a volatile market. It dropped 3.75% to $67,300 on Sunday before rebounding above $71,700 on Monday, with the move largely driven by news around the US and Israel-Iran war. Read more
The stablecoin issuer did not name the accounting firm from the ‘Big Four‘ roster of Deloitte, PricewaterhouseCoopers, Ernst & Young, and KPMG. Stablecoin issuer Tether said it would hire one of the “Big Four” accounting firms to conduct a full audit of its reserves for the first time. In a Tuesday notice, Tether said that the accounting firm — which it did not disclose — would complete a “full independent financial statement audit” for the stablecoin issuer, including for its US dollar-pegged USDt (USDT). The accounting industry’s so-called “Big Four” are Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers. Read more
The offering allows institutional investors to trade event-based contracts using crypto collateral, as regulatory scrutiny of prediction markets intensifies in the United States. BitGo, a digital asset custody and trading platform, and Susquehanna Crypto will collaborate to give institutional clients over-the-counter access to prediction markets, allowing them to trade event-based contracts using cryptocurrency or stablecoins held in custody. According to Tuesday’s announcement, trades will be routed through BitGo’s platform, with liquidity provided by Susquehanna, which will enable hedge funds, family offices and other large investors to execute bilateral trades without moving assets off platform or converting holdings, including Bitcoin or stablecoin, into cash. Positions are backed by crypto collateral and documented using derivatives-style agreements, with minimum trade sizes starting at $100,000. Read more
BTC price fell below $70,000 on macro tensions as analyst considered a possible bullish "regime shift" already starting to play out for Bitcoin. Bitcoin (BTC) fell below $70,000 at Tuesday’s Wall Street open as macro assets fell over Iran war tensions. Key points: Bitcoin fails to turn $70,000 support as macro selling pressure sparks losses across global assets. Read more10222 items