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Crypto Briefing

Warren Buffett says he would load up on Apple just not in this market
Tue, 31 Mar 2026 14:21:15

Buffett's cautious stance on Apple highlights the importance of market conditions in investment decisions, impacting broader market sentiment.

The post Warren Buffett says he would load up on Apple just not in this market appeared first on Crypto Briefing.

S&P Dow Jones Indices and Kaiko bring iBoxx US Treasuries index onchain for first time
Tue, 31 Mar 2026 12:30:07

Tokenizing financial benchmarks on blockchain enhances transparency, efficiency, and accessibility, reshaping institutional finance infrastructure.

The post S&P Dow Jones Indices and Kaiko bring iBoxx US Treasuries index onchain for first time appeared first on Crypto Briefing.

Ripple, SC Ventures back Keyrock as it hits unicorn status
Tue, 31 Mar 2026 11:34:06

Keyrock's unicorn status and funding boost its role in shaping digital asset markets, enhancing liquidity infrastructure and global reach.

The post Ripple, SC Ventures back Keyrock as it hits unicorn status appeared first on Crypto Briefing.

Google warns Bitcoin encryption could break with fewer quantum resources than expected
Tue, 31 Mar 2026 07:27:55

The rapid advancement of quantum computing poses a significant threat to the security of cryptocurrencies, necessitating urgent adoption of post-quantum cryptography to safeguard digital assets and maintain financial stability.

The post Google warns Bitcoin encryption could break with fewer quantum resources than expected appeared first on Crypto Briefing.

Meta tests Instagram Plus subscription with stealth story viewing and paid features for users
Mon, 30 Mar 2026 19:14:10

Meta tests Instagram Plus with stealth story viewing and premium features as it expands beyond creator monetization.

The post Meta tests Instagram Plus subscription with stealth story viewing and paid features for users appeared first on Crypto Briefing.

Bitcoin Magazine

Google’s New Quantum Research Reignites Push to Harden Bitcoin
Tue, 31 Mar 2026 14:49:06

Bitcoin Magazine

Google’s New Quantum Research Reignites Push to Harden Bitcoin

A new research paper from Google has intensified debate over whether Bitcoin can adapt in time to withstand advances in quantum computing, pushing developers and investors to confront a risk long treated as theoretical.

Google’s quantum division said this week in a new whitepaper that future machines could break widely used encryption far more efficiently than previously estimated, including the elliptic curve cryptography that underpins Bitcoin wallets. 

The research suggests attacks that once appeared decades away may arrive sooner, with some scenarios modeling the ability to crack encryption in minutes under advanced conditions.

The findings do not imply an immediate threat. Today’s quantum computers remain far below the scale required to break modern cryptographic systems. But the paper reduces the estimated resources needed, narrowing the gap between theory and practice and shifting attention toward preparation rather than dismissal.

Google has already set a 2029 target to transition its own systems to post-quantum cryptography, reflecting a broader shift among large technology firms and governments toward defensive planning.

Is Bitcoin under threat? 

For Bitcoin, the implications are specific and structural. The network relies on digital signatures that could, in principle, be reversed by a sufficiently powerful quantum computer. Roughly one-third of the total Bitcoin supply sits in addresses where public keys have been exposed, creating a defined set of targets under certain attack models.

Separate analyses cited in the research estimate that about 6.7 million Bitcoin may be exposed to varying degrees under quantum attack scenarios, including coins held in older address formats where public keys remain permanently visible on-chain.

More immediate concerns focus on transaction windows. When a Bitcoin transaction is broadcast, its public key becomes visible before confirmation. Google’s research suggests a theoretical attacker could exploit that gap, solving for the private key within the same time frame it takes for a block to be mined.

That has shifted the conversation among developers from abstract risk to engineering timelines.

Binance founder Changpeng Zhao pushed back on what he described as exaggerated concerns, arguing that most cryptographic systems, including Bitcoin, can migrate to quantum-resistant algorithms without destabilizing the network.

He noted, however, that execution remains a constraint. Coordinating upgrades across a decentralized ecosystem could lead to competing proposals, software fragmentation and potential forks, while users holding assets in self-custody would need to actively migrate funds to new wallet structures.

The Bitcoin ecosystem has begun early-stage work on quantum resistance. A recent proposal, known as BIP 360, introduces new transaction formats designed to remove or reduce exposure to vulnerable cryptographic assumptions. The proposal remains in draft form, but test implementations are already running in experimental environments, allowing developers to evaluate quantum-safe signatures in practice.

Even proponents describe the effort as a starting point rather than a solution. Any upgrade would require broad coordination across a decentralized network, a process that can take years to reach consensus and deploy.

That timeline is central to the emerging debate. Estimates suggest a full migration to quantum-resistant cryptography in Bitcoin could take the better part of a decade, depending on adoption and coordination across wallets, exchanges and infrastructure providers.

The risk, developers say, is not only technological but organizational. Bitcoin has no central authority to mandate upgrades, and changes to its core protocol require agreement among a global set of participants with differing incentives.

Banking, traditional finance at risk as well

The issue also extends beyond cryptocurrency. The same class of cryptography secures banking systems, government communications and large parts of the internet. 

In theory, the same cryptographic systems that secure Bitcoin also underpin global banking infrastructure, payment networks and government communications. 

Google and cybersecurity agencies warned that attackers may already be collecting encrypted data today in anticipation of future quantum capabilities, a strategy known as “store now, decrypt later.”

Any viable quantum attack would not be isolated to crypto markets, but would extend across financial institutions and critical systems that rely on public-key encryption. Bitcoin is not uniquely vulnerable, but it is uniquely transparent. Its ledger makes exposure visible, and its open-source development model makes its response observable in real time.

Market reaction has remained muted so far, with prices largely unaffected by the latest research. 

This post Google’s New Quantum Research Reignites Push to Harden Bitcoin first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Labor Department Proposal Could Open 401(k)s to Bitcoin and Alternative Assets
Mon, 30 Mar 2026 21:04:52

Bitcoin Magazine

Labor Department Proposal Could Open 401(k)s to Bitcoin and Alternative Assets

The U.S. Department of Labor has unveiled a sweeping proposed rule that could significantly expand the range of investment options available in 401(k) retirement plans, marking a potential turning point for alternative assets — including crypto — within tax-advantaged retirement accounts.

Released Monday by the department’s Employee Benefits Security Administration, the proposal aims to reduce regulatory uncertainty and litigation risk for fiduciaries considering alternative investments. 

The move follows an executive order from Donald Trump directing agencies to “democratize access” to non-traditional assets in retirement portfolios.

At its core, the rule reinforces that fiduciary responsibility under the Employee Retirement Income Security Act is grounded in process rather than outcomes. 

Plan managers would retain broad discretion to include a wide array of investment options — provided they follow a prudent, well-documented evaluation process assessing factors such as fees, liquidity, valuation, and performance benchmarks.

Labor Secretary Lori Chavez-DeRemer said the proposal is designed to align retirement investing with modern financial markets. “This greater diversity will drive innovation and result in a major win for American workers, retirees, and their families,” she said.

Bitcoin gets exposure

The guidance could open the door for increased exposure to digital assets like Bitcoin within 401(k) plans — a development long sought by segments of the crypto industry. While plan sponsors have technically always been permitted to consider such assets, regulatory ambiguity and prior guidance had a chilling effect.

In 2022, the Biden administration issued a compliance release cautioning fiduciaries against offering cryptocurrency in retirement plans, citing volatility and investor protection concerns. 

That stance is now being reversed, with Deputy Labor Secretary Keith Sonderling emphasizing neutrality. “The department’s days of picking winners and losers are over,” he said.

The proposal does not explicitly endorse crypto or any specific asset class. Instead, it establishes “safe harbor” frameworks designed to protect fiduciaries who undertake thorough due diligence when adding alternative investments to plan menus. 

This process-based approach could make it easier for asset managers to introduce diversified funds that include exposure to private equity, real estate, or digital assets or Bitcoin.

Assets like Bitcoin could enhance long-term returns and provide a hedge against inflation, particularly for younger savers with longer time horizons. 

The U.S. Securities and Exchange Commission and the U.S. Department of the Treasury both collaborated on the rulemaking, signaling a broader interagency effort to modernize retirement investing.

This post Labor Department Proposal Could Open 401(k)s to Bitcoin and Alternative Assets first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

U.S. Senators Unveil ‘Mined in America Act’ to Reshore BTC Mining, Codify Bitcoin Strategic Reserve
Mon, 30 Mar 2026 19:52:26

Bitcoin Magazine

U.S. Senators Unveil ‘Mined in America Act’ to Reshore BTC Mining, Codify Bitcoin Strategic Reserve

Republican Senators Bill Cassidy and Cynthia Lummis introduced legislation Monday aimed at reshaping the U.S. digital asset mining sector, tightening supply chains, and embedding bitcoin into federal reserve strategy.

The proposal, titled the “Mined in America Act,” would establish a federal certification program for domestic crypto mining operations while phasing out reliance on foreign-manufactured hardware.

It also seeks to codify Donald Trump’s executive order creating a Strategic Bitcoin Reserve, placing the policy on statutory footing, according to a release on the matter.

“Digital asset mining is a big part of our economy. We should be doing it here in America,” Cassidy said in a statement, framing the bill as a supply chain and manufacturing initiative.

Lummis tied the legislation to a broader push to position the United States as a global hub for digital assets. “The Mined in America Act brings this industry home through forward-thinking initiatives to secure our financial future,” she said.

The bill directs the Department of Commerce to create a voluntary “Mined in America” certification for mining facilities and pools that meet security and sourcing standards. Certified operators would be required to transition away from hardware linked to foreign adversaries over a phased timeline, with the goal of full compliance by the end of the decade.

Lawmakers and industry advocates have pointed to a stark imbalance in the current mining ecosystem. While the United States controls an estimated 38% of global bitcoin hash rate, roughly 97% of specialized mining hardware is produced by Chinese firms, including Bitmain and MicroBT.

Domestic mining security push

Supporters argue that dependence poses both economic and national security risks. The bill references prior incidents, including U.S. inspections of imported mining rigs and the discovery of vulnerabilities in firmware that raised concerns about remote access capabilities.

To address the imbalance, the legislation directs the National Institute of Standards and Technology and the Manufacturing Extension Partnership to support the development of domestic mining hardware.

It stops short of authorizing new spending, instead integrating certified projects into existing federal energy and manufacturing programs.

The measure also positions bitcoin mining as a tool for grid management and energy development. 

By tapping into existing Department of Energy and U.S. Department of Agriculture programs, certified operators could access financing for projects that absorb excess renewable energy, stabilize grid demand, or capture methane emissions from landfills and oil fields.

Industry group Satoshi Action Fund endorsed the legislation, calling it a comprehensive framework that links energy policy, manufacturing, and digital asset strategy.

Strategic Bitcoin Reserve gets a formal nod

Beyond industrial policy, the bill’s most significant provision may be its formalization of a Strategic Bitcoin Reserve within the Treasury Department. While the federal government already holds a large amount of bitcoin from law enforcement seizures, the reserve would establish a framework for long-term retention and accumulation.

The legislation outlines a “budget-neutral” pathway for expanding holdings. Revenue generated from staking rewards and airdrops tied to other seized digital assets would be funneled into bitcoin purchases. In addition, certified domestic miners could sell newly mined bitcoin directly to the government in exchange for a capital gains tax exemption, creating an incentive to supply the reserve at discounted prices.

If enacted, the Mined in America Act would mark one of the most expansive federal efforts to integrate bitcoin mining into U.S. industrial and energy policy. 

It arrives as policymakers weigh how to balance innovation, security, and competition in a sector that has become increasingly global.

This post U.S. Senators Unveil ‘Mined in America Act’ to Reshore BTC Mining, Codify Bitcoin Strategic Reserve first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Crypto Stocks Near a Bottom After 60% Selloff, Sees “Big Discount” Entry Point: Analyst
Mon, 30 Mar 2026 19:33:04

Bitcoin Magazine

Crypto Stocks Near a Bottom After 60% Selloff, Sees “Big Discount” Entry Point: Analyst

Wall Street broker Bernstein says crypto-linked equities are approaching a cyclical bottom following a steep ~60% drawdown from 2025 highs, framing the pullback as a potential “big discount” opportunity ahead of first-quarter earnings.

In a Monday note led by analyst Gautam Chhugani, the firm said the combination of macro uncertainty, geopolitical tension, and weak crypto sentiment has pressured valuations across the sector, but argued that fundamentals tied to long-term growth themes remain intact, according to Investing.com.

Despite the bullish longer-term view, Bernstein lowered price targets across major names: it cut its target on Coinbase to $330 from $440, Robinhood to $130 from $160, and Figure to $67 from $72. All three remain rated Outperform.

The broker estimates crypto equities have retraced roughly 60% from their 2025 peak, alongside a broader crypto market correction that erased trillions in value. Bitcoin itself has fallen sharply from record highs, contributing to weaker trading activity and sentiment.

Still, Bernstein pointed to structural growth drivers including stablecoins, tokenization, prediction markets, and derivatives. It also argued that crypto exposure remains a smaller share of Robinhood’s revenue base, while Figure is positioned as a pure-play tokenization business.

The firm expects Q1 earnings weakness to mark a sentiment floor before recovery into the second half of 2026.

Crypto, bitcoin continues slumping

This note comes as Bitcoin traded lower over the weekend after remarks from Donald Trump suggesting the United States is engaged in discussions with a new leadership structure in Iran and that progress toward a potential agreement is underway.

The moves followed a weekend dip toward $64,000 and reinforced a broader rangebound structure between roughly $65,000 and $70,000.

Sentiment was driven by escalating tensions in the Middle East, where the conflict between Iran and Israel has intensified, with strikes on Iranian targets and regional spillovers affecting Kuwait and other Gulf states. 

Reports of missile and drone activity, risks to energy infrastructure, and threats to shipping routes in the Strait of Hormuz have kept global markets on edge. U.S. President Donald Trump has alternated between diplomatic signals and severe threats toward Iran’s energy infrastructure, while U.S. Secretary of State Marco Rubio has been cited in discussions suggesting regime change dynamics may be emerging, with Pakistan attempting to facilitate indirect talks.

Beyond geopolitics, derivatives positioning has also contributed to muted volatility. Institutional investors selling covered call options have shifted gamma exposure to market makers, whose hedging activity dampens price swings by buying dips and selling rallies. 

Overall, Bitcoin remains rangebound as markets digest geopolitical risk, options-driven volatility suppression, and macroeconomic uncertainty, while traders await clearer direction from both policy signals and liquidity trends, say this comes as institutional positioning continues to offset retail-driven momentum and headline shocks in a tightly controlled trading environment through early spring 2026 cycle period.

This post Crypto Stocks Near a Bottom After 60% Selloff, Sees “Big Discount” Entry Point: Analyst first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Square Begins Automatic Bitcoin Payment Rollout to Millions of U.S. Merchants
Mon, 30 Mar 2026 17:14:06

Bitcoin Magazine

Square Begins Automatic Bitcoin Payment Rollout to Millions of U.S. Merchants

Square, the payments platform owned by Block, has begun automatically enabling bitcoin payments for eligible U.S. sellers starting today, marking a major expansion in the company’s push to integrate bitcoin into everyday commerce.

The move, touched on by Square product lead Miles Suter on X, shifts the feature from an opt-in tool introduced in late 2025 to a default setting now activated across millions of merchants. 

Sellers will still receive USD as their default settlement currency, with bitcoin payments seamlessly converted in the background. 

Square first unveiled its “Square Bitcoin” initiative in October 2025, introducing integrated bitcoin payments and wallet functionality for small businesses. 

At launch, merchants could choose to enable bitcoin acceptance at checkout, with support for Lightning Network payments, instant settlement, and zero processing fees through 2027.

A broader rollout followed in November 2025, but adoption remained voluntary.

Today’s update removes that friction entirely. Eligible U.S. sellers now have bitcoin payments enabled automatically, without requiring manual activation in their Square settings. Merchants retain the ability to opt out or adjust preferences.

Bitcoin at the point of sale for Square

With the change, customers can pay in Bitcoin at checkout while merchants continue to receive USD by default. The system is designed to abstract away volatility and settlement complexity, positioning bitcoin as a payment rail rather than a speculative asset for merchants.

Square’s integration leverages Lightning Network infrastructure to enable near-instant transactions, aiming to make bitcoin usable in everyday retail environments such as cafés, salons, and local shops.

Suter has described the rollout as a foundational step toward bitcoin functioning as “everyday money,” pointing to the scale of Square’s merchant network as a catalyst for adoption.

Earlier this year, Cash App, a mobile payments app from Block, also announced major upgrades to its Bitcoin offering, including zero-spread pricing, lower fees, expanded withdrawal limits, and new funding rails such as ACH and wire transfers.

According to Suter, eligible users can now withdraw up to $10,000 daily and $25,000 weekly, positioning Cash App as one of the most cost-effective Bitcoin on-ramps in the U.S.

The update aims to simplify Bitcoin usage, with automatic conversion between USD and Bitcoin and improved user experience across the platform.

Editorial Disclaimer: We leverage AI as part of our editorial workflow, including to support research, image generation, and quality assurance processes. All content is directed, reviewed, and approved by our editorial team, who are accountable for accuracy and integrity. AI-generated images use only tools trained on properly license material. In Bitcoin, as in media: Don’t trust. Verify.

This post Square Begins Automatic Bitcoin Payment Rollout to Millions of U.S. Merchants first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

CryptoSlate

Bitcoin treasury company sells $20M BTC at a loss as its stock collapses after buying at $118k
Tue, 31 Mar 2026 13:05:20

Bitcoin enters April with a price carrying the weight of macro conditions, corporate balance sheets, and the credibility of the public wrappers built around it.

CryptoSlate has already laid out the broad structure: public equities created a new channel for balance-sheet demand, the premium on that demand opened the door to further issuance, and the cycle began feeding itself.

Later coverage on slowing purchase volumes and the economics of being underwater on treasury holdings narrowed the focus to which companies could keep financing the trade once price and sentiment turned less forgiving.

New disclosures around the Bitcoin treasury company, Nakamoto, sharpen that focus.

Bitcoin treasury company sells Bitcoin at a loss

Bitcoin is currently trading around $66,200 on March 31, while NAKA changed hands near $0.21, leaving the company with an equity market capitalization close to $8.1 million. Back in May 2025, the stock hit an all-time high of $34.77, then declined to around $8 by the start of September and to $0.93 by the end of October.

Google Finance chart showing Nakamoto Inc. (NASDAQ: NAKA) stock down 86.96% over the past year to $0.21.
Google Finance chart showing Nakamoto Inc. (NASDAQ: NAKA) stock down 86.96% over the past year to $0.21.

The spread between the underlying asset and the wrapper around it now defines the discussion.

The coin still trades as a globally recognized liquidity instrument. The stock trades like a distressed claim on a strategy whose financing assumptions no longer command the same confidence.

That gap grew more consequential after figures from Nakamoto’s March 30 annual filing circulated across crypto markets.

In a post from Wu Blockchain, later amplified by Justin Bechler, the company disclosed that it sold approximately 284 BTC in March for about $20 million, at an average sale price of $70,422 per coin, after net purchasing 5,342 BTC in 2025 at a weighted average price of $118,171.

Thus, a company that promoted Bitcoin treasury accumulation realized a sale at a price deep below the weighted average price from its prior buying campaign.

That change resets the economic lens. Unrealized losses fit inside the treasury-company model. They sit on the balance sheet, pressure equity valuations, and challenge access to capital, yet they still leave the company positioned for recovery if Bitcoin stabilizes and funding windows reopen.

Realized selling changes the sequence. It reduces the treasury, crystallizes the gap between acquisition cost and exit value, and invites a harder assessment of how management intends to fund operations, defend the stock, and preserve any premium the wrapper once carried.

NAKA stands as the clearest stress case because the company has also spent recent months expanding its corporate footprint.

In February, Nakamoto completed its acquisition of BTC Inc. and UTXO Management, issuing roughly 364.8 million shares in an all-stock transaction valued at around $81.6 million based on a February 19 closing price of $0.248.

That deal gave the company a larger role inside Bitcoin media, events, and advisory infrastructure.

It also tied the public wrapper more closely to the institutional Bitcoin narrative at precisely the point when the equity itself had already lost most of the market value investors once assigned to that narrative.

Bechler’s separate March 30 post on X pushed that credibility question further, pointing to insider ownership, the absence of open-market insider buying, the lack of recent treasury growth, and the stock’s collapse from prior levels.

Social posts do not settle filing-level questions like “Is this a managed treasury adjustment, or the first visible sign of funding stress?”, but they do shape how the market processes the capital structure.

In this case, the reaction is straightforward. Bitcoin remains the core asset.

The public vehicle around it has entered a phase where every treasury move, every financing choice, and every disclosure is being tested against survivability rather than ambition.

Macro pressure defines the week ahead, and Bitcoin treasury companies have to finance through it

The timing here raises the stakes because the first week of April puts Bitcoin back inside a dense macro calendar.

The March employment report from the Bureau of Labor Statistics arrives on Friday, April 3. U.S. equity markets are closed that day for Good Friday.

The combination produces a strange mix, one of the month’s most important macro releases landing into a holiday-shortened market structure with thinner price discovery across related assets.

Treasury wrappers tied to Bitcoin enter that window from a position of already elevated fragility.

Beyond payrolls, the market also has the Federal Reserve’s minutes from the March 17 to 18 FOMC meeting due on April 8.

That release will shape the rates discussion around growth, labor, inflation persistence, and the threshold for any policy adjustment later in the quarter.

For Bitcoin itself, those discussions often feed through the familiar channels, dollar liquidity, real yields, broad risk appetite, and institutional portfolio construction.

For treasury companies, the channel is even tighter because the effect shows up directly in financing costs, dilution sensitivity, and equity market willingness to keep underwriting balance-sheet accumulation.

Energy adds another layer.

Euro-area inflation rose to 2.5% in March from 1.9% in February, with energy costs driving the acceleration as the conflict involving Iran disrupted flows through the Gulf. Brent crude also reached roughly $106 a barrel during the escalation.

Bitcoin rarely trades in isolation during those episodes.

The asset gets pulled into a broader repricing of inflation expectations, growth concerns, and cross-asset liquidity.

Treasury companies tied to Bitcoin then absorb a second layer of pressure because the same macro shift raises the hurdle for equity issuance and compresses the market’s willingness to pay a premium over net asset value.

That is the economic climate for the week ahead, and the issue sits in the overlap between inflation risk and funding discipline.

A treasury company can carry a large Bitcoin reserve through volatility if it holds enough cash, commands enough investor trust, or retains access to external capital on acceptable terms.

Once those buffers weaken, each macro shock forces a narrower set of choices.

The equity can dilute at lower prices.

The balance sheet can tighten spending.

Treasury assets can be sold.

Management can seek a new corporate action to reset optics and compliance.

Under those conditions, Bitcoin itself remains the center of gravity because every treasury wrapper ultimately resolves back to the coin.

The corporate layer still affects market structure, especially when public companies aggregate demand at scale.

The weekly question now runs in the opposite direction.

Instead of asking how much Bitcoin public companies can absorb, the market is starting to ask how much stress those companies can absorb before their treasury becomes a source of supply.

That threshold carries wider consequences because it changes the direction of the flow.

Accumulation supports the institutional Bitcoin narrative.

Realized sales at steep losses introduce a new variable, forced or strategic distribution from the very vehicles built to represent long-duration conviction.

Nakamoto sharpens the next test for Bitcoin as the wrapper trades on durability, liquidity, and trust

Nakamoto’s position does not cover the entire sector, but a company built around a Bitcoin treasury strategy, which later expanded through the acquisition of Bitcoin-native operating businesses, has now been associated with a disclosed BTC sale far below its prior weighted average purchase price, while the equity trades near twenty-one cents.

That combination creates a sharper view of where the treasury model stands after the first wave of enthusiasm.

The premium era rewarded ambition, scale, and proximity to Bitcoin.

The current phase rewards durability, financing discipline, and the ability to preserve treasury optionality during stress.

That is why Bitcoin remains the correct focal point. The coin still provides the reference value for the whole trade.

A balance-sheet strategy only works if the market believes the treasury can be maintained, financed, and eventually leveraged into a stronger capital-markets position.

The moment the wrapper begins shrinking its Bitcoin stack into weakness, investors start valuing the company through a different lens.

Future upside from Bitcoin still exists.

The route to that upside becomes more conditional. Execution, liquidity, and trust move closer to the center of valuation.

Recent CryptoSlate coverage already prepared the groundwork for that transition. Public companies doubled Bitcoin holdings in 2024, and later reporting showed how aggressive corporate accumulation changed the supply picture.

The 2025 phase still carried that momentum. Then the data on slumping purchase volumes suggested a slower marginal buyer.

The latest Nakamoto disclosures bring another layer, weaker wrappers may now be moving from a world of paper losses into a world of realized sales.

That distinction has operational meaning for every investor trying to map where treasury-company demand sits in the current cycle.

None of this requires dramatic language. The capital structure already says enough.

A stock at $0.21 with a market cap around $8.1 million and a public identity tied to Bitcoin treasury expansion enters a much harder conversation once treasury reduction appears in the annual filing.

Social commentary has already drifted toward delisting speculation, reverse-split expectations, and questions around insider alignment.

The market is repricing the quality of the wrapper, and repricing it fast. The next test now sits in plain view.

If Bitcoin steadies, stronger treasury companies with cleaner balance sheets and broader financing access may keep their premium and continue absorbing supply.

If macro pressure persists and funding windows stay narrow, the market could begin separating the cohort into two groups, vehicles that can hold through the cycle, and vehicles that have to manage through it by selling coin, issuing equity from a position of weakness, or restructuring the capital stack.

Nakamoto has pushed that distinction closer to the surface.

Bitcoin remains the focal asset.

The public company ecosystem built around Bitcoin has entered a phase where conviction has to be funded, not simply declared.

The post Bitcoin treasury company sells $20M BTC at a loss as its stock collapses after buying at $118k appeared first on CryptoSlate.

The new IRS crypto tax form can flag your sale before you prove what you actually owe
Tue, 31 Mar 2026 11:14:33

The first Form 1099-DA season is arriving for US crypto investors with a basic problem: many people are getting the new IRS form before they understand what it actually tells them.

A Coinbase and CoinTracker survey of 3,000 US crypto users found that 61% were unaware of the new 2025 reporting rules, even though 74% said they knew crypto activity can be taxable and 56% rated their own knowledge of crypto tax rules as good or excellent.

That gap comes as the IRS begins receiving more standardized data on digital-asset sales handled by brokers. Treasury and the IRS require brokers to report gross proceeds on Form 1099-DA for digital-asset sales effected in 2025, with basis reporting on covered securities starting in 2026.

The IRS has also told taxpayers that most 2025 statements will not include basis, meaning the form can show that a sale happened without doing the work needed to determine the actual gain or loss.

For many investors, that turns a new information return into a false sense of completeness. The IRS says Form 1099-DA is used by brokers to report proceeds from, and in some cases basis for, digital-asset dispositions to both the taxpayer and the government.

It also says taxpayers must report all income, gains, and losses from digital-asset transactions, whether or not they receive the form, and must calculate the basis before filing.

Refusing new IRS crypto tax forms could cost you your exchange account
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Refusing new IRS crypto tax forms could cost you your exchange account

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Mar 7, 2026 · Gino Matos

A new form, but not a finished tax answer

The transition-year structure is what makes the first filing season unusually easy to misread. A taxpayer who bought Bitcoin on one exchange, moved it to self-custody, later transferred part of it to another platform, and sold there may receive a Form 1099-DA showing the disposal proceeds.

However, if the asset was transferred in from another broker or wallet, the form may not carry the basis information needed to calculate the real taxable result.

Tax practitioners writing in The Tax Adviser said taxpayers may receive Forms 1099-DA without basis for assets transferred in from another broker or self-custody wallet, for sales on some noncustodial platforms, and for assets bought before 2026 that are not treated as covered securities.

That is why tax specialists are warning taxpayers not to treat the document like a completed brokerage statement. Jonathan Cutler, a Deloitte senior manager, reportedly said the 2025 form is mainly a signal that the taxpayer transacted in crypto, while adding that taxpayers “really need their own records to be tight.”

The IRS has made the same point in plainer terms. Its guidance says taxpayers should use Form 1099-DA together with their other records and that they must calculate basis before filing. It also notes that taxpayers transacting through foreign brokers may not receive a Form 1099-DA from those brokers even when the transactions remain taxable in the United States.

Where investors are getting tripped up

Meanwhile, the Coinbase and CoinTracker survey data suggests the confusion is not limited to basis, as it found that only 49% of respondents correctly said a tax event is triggered when crypto is sold.

Another 41% said tax is triggered when crypto is transferred to a bank, 36% thought tax applies only once profits rise above a threshold, and 22% thought a transfer from another account is itself the trigger.

At the same time, users reported an average of 2.5 platforms or wallets, 83% said they use self-custodial wallets, and 71% said they had transferred assets between wallets or platforms.

The new IRS guidance runs against the cash-out logic still common among retail traders.

The agency treats digital assets as property for federal income-tax purposes and its Form 1099-DA guidance says taxpayers can receive the form when they dispose of digital assets for dollars, exchange them for another digital asset, use them to pay for goods or services in any amount, or use digital assets to pay broker transaction costs.

The IRS FAQ on virtual currency also says a taxpayer generally recognizes gain or loss when virtual currency is sold for real currency.

That leaves a market full of investors who broadly know crypto can be taxable but still misunderstand when taxable events arise and what records the IRS expects them to keep.

The Coinbase’s survey found that 76% of respondents knew cost-basis adjustments may be required, but only 35% said they had actually made those adjustments in the past.

Shehan Chandrasekera, Head of Tax Strategy at CoinTracker, said:

“While crypto brokerages will provide 1099-DA forms this tax year, users are responsible for correctly computing their cost basis, holding period and actual gains or losses. This cost basis issue is uniquely hard to solve.”

Visibility rises before compliance catches up

The reporting push reflects a wider belief that the old system captured only part of the market. A 2026 paper in Review of Accounting Studies using IRS data found the agency appeared to observe only 32% to 56% of US cryptocurrency owners.

A separate NBER paper using Norwegian data found that 88% of crypto holders failed to declare holdings or gains, and that even among investors using domestic exchanges that shared identifiable data with tax authorities, 80% still failed to declare.

Meanwhile, the current stricter scrutiny could changes crypto investors' behavior before it fully closes the tax gap. An NBER study on crypto tax-loss harvesting found that increased tax scrutiny pushed investors toward more legal tax planning and affected preferences for US-based exchanges.

That lines up with what practitioners are seeing in the first 1099-DA season, where missing or incomplete basis has forced accountants into what Accounting Today described as forensic reconciliation against client-maintained records rather than simple form-matching.

For U.S. investors filing this year, the immediate lesson is narrower and more practical. Form 1099-DA gives the IRS a cleaner view of many 2025 crypto sales. However, it does not, by itself, settle the tax bill.

Taxpayers still have to prove what they paid, where the asset moved, how long they held it and whether the disposal produced a gain, a loss or something much smaller than the proceeds figure shown on the form.

Until those records are reconciled, the government may see the sale more clearly than the investor can explain the profit.

The post The new IRS crypto tax form can flag your sale before you prove what you actually owe appeared first on CryptoSlate.

Bitcoin has to survive a new major liquidity test today as $2.2B hits the market on top of geopolitical pressure
Tue, 31 Mar 2026 09:07:14

FTX will begin its fourth creditor distribution on March 31, with about $2.2 billion set to reach eligible customers through BitGo, Kraken, and Payoneer within 1 to 3 business days.

On paper, this might look like just another routine bankruptcy milestone. But in practice, this could be a fresh liquidity test arriving as Bitcoin trades through one of the harshest macro periods in the past year.

The timing of the distribution is what has the potential to turn it into a major hurdle for the entire market.

CryptoSlate warned earlier this month that the new wave of distribution could create short-term selling pressure in what was already a fragile Bitcoin market. At the time, the concern was that the FTX cash would hit the market just as Bitcoin tried to recover above $70,000. Since then, that setup has only gotten weaker.

Over $2B in “lost” Bitcoin to hit markets this month creating sell pressure within fragile $67k–$74k range
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Mar 19, 2026 · Gino Matos

Bitcoin's price drop is what gave this distribution power. About a month ago, we were worried about a large payout hitting the market while it was trying to break higher.

Now, we're worried about whether Bitcoin can absorb another liquidity test while everything from oil and rates to the dollar moves against risk assets. Brent is on track for a 56% rise this month, the largest ever recorded, while the dollar is also heading towards its biggest monthly spike since last July.

FTX said creditors would begin receiving distributions on March 31, with Dotcom customer claims getting an incremental 18% distribution, bringing cumulative recovery to 96%. US customer entitlement claims will be receiving 5% to reach 100%, while general unsecured and digital asset loan claims will each receive 15% to reach 100%. Convenience claims remain at a cumulative 120% distribution.

Creditors are focused on these numbers, as each percentage point of recovery they get their hands on drastically reduces the damage they suffered from the collapse of FTX almost two and a half years ago.

The rest of the market, however, is focused on a more immediate problem: what will happen when $2.2 billion lands in exchange accounts on a pretty tough week for Bitcoin?

A routine FTX payout meets a risk-off market

Brent crude is on track for a record monthly rise, while markets have moved from pricing Fed easing before the war to effectively expecting rates to stay on hold this year. Overall financial conditions tightened in March at the fastest one-month pace since last April’s tariff shock, driven by higher energy prices, wider credit spreads, rising borrowing costs, and falling stock prices.

In a calmer market, this amount of FTX creditor cash would certainly be notable, but it most likely wouldn't be a decisive factor in Bitcoin's short-term stability.

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Nov 11, 2022 · Oluwapelumi Adejumo

In a market like this, though, the FTX payout certainly can become a real-time test of whether demand is strong enough to absorb a huge wave of liquidity without losing key support. We can see the defensiveness of the market both in crypto prices and the dollar index, which climbed to its highest level in almost a year.

The Bitcoin market is no different. CryptoSlate's earlier thesis of a spot-led recovery pushing back into the low-$70,000s has given way to a more defensive pattern. Bitcoin is holding at around $66,600 rather than breaking down outright, but we can clearly see it's not trading like a market with strong risk appetite behind it.

While it's not good news for Bitcoin, it's in line with the broader cross-asset picture, with oil surging, the dollar strengthening, and Asian equities posting some of their steepest monthly losses in years.

That leaves us with three near-term possibilities.

The first is the simplest: some creditors de-risk, some hold cash, and Bitcoin comes under renewed pressure as funds settle over the next several business days.

The second is more constructive: the payout is absorbed more easily than feared because the event was heavily reported on and widely expected, allowing Bitcoin to hold the mid-$60,000s even as macro conditions remain difficult.

The third is the outcome bulls need most: crypto separates from the broader risk complex and treats the distribution as fresh capital that may eventually rotate back into digital assets.

The FTX creditor payout itself was scheduled and widely known, but the global macro and geopolitical backdrop wasn't. With oil elevated, the Fed in wait-and-see mode, financial conditions tightening, and Bitcoin pinned well below the recovery zone that CryptoSlate highlighted earlier this month, the question now is whether the market can absorb that cash flow without turning this distribution into the next source of weakness.

The post Bitcoin has to survive a new major liquidity test today as $2.2B hits the market on top of geopolitical pressure appeared first on CryptoSlate.

Iran Speaker predicts pre-market “reverse indicator” then Bitcoin climbed before the S&P500
Mon, 30 Mar 2026 19:35:54

Mohammad Bagher Ghalibaf, the speaker of Iran’s parliament, posted a striking piece of market commentary on X before the latest futures swing. Adding fuel to the online propaganda proxy war being fought on social media, the comments lean into accusations of insider trading on Polymarket war bets.

“Pre-market so-called ‘news’ or ‘Truth’ is often just a setup for profit-taking,” he wrote. “If they pump it, short it. If they dump it, go long.”

The market then traded almost exactly as described.

The Kobeissi Letter tracked the move in time order, with S&P 500 futures opening sharply lower on Sunday evening, recovering by late evening, then extending higher after President Trump said on Truth Social that “great progress” had been made on Iran peace talks.

Annotated 30-minute S&P 500 E-mini futures chart showing a sharp overnight rebound after headlines about Trump’s comments on Iran peace talks, with markers highlighting key time-stamped moves from the futures open to the morning recovery.
Annotated 30-minute S&P 500 E-mini futures chart showing a sharp overnight rebound after headlines about Trump’s comments on Iran peace talks, with markers highlighting key time-stamped moves from the futures open to the morning recovery.

MarketWatch confirmed the validity of the account that had so publicly offered contrarian trading advice to U.S. investors shortly before the Sunday futures open, and Barron’s described Monday’s rebound as another early-morning market jolt driven by Trump’s social-media messaging on Iran.

Trump’s posts around Iran have repeatedly altered short-term pricing across equities, oil, and crypto.

A week earlier, markets surged after Trump said a resolution with Iran was near.

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Mar 16, 2026 · Liam 'Akiba' Wright

Bloomberg reported that billions of dollars in oil and stock-index futures changed hands shortly before one of Trump’s Iran posts sent crude lower and equities higher, while The Wall Street Journal described a burst of futures activity ahead of another Trump message that drew scrutiny across trading desks.

The economic climate for the week ahead sits inside that backdrop.

The market faces a geopolitical risk premium in oil, a rising probability of slower growth, and a political communications channel that now functions as an immediate pricing input.

Monday’s cross-asset move makes the interaction plain.

S&P 500 futures added to gains after Trump said the U.S. was in “serious discussions” with a “new, and more reasonable regime” in Iran.

The same message cycle has also included a threat to “completely obliterate” Iran’s energy and water infrastructure if a settlement failed to materialize.

That combination, conciliatory language on one side and escalation risk on the other, shaped the session. The Wall Street Journal reported WTI above $100 a barrel and Brent above $108, while Brent then surged above $116 as the conflict intensified.

Investors are now dealing with diplomacy and disruption at the same time, and the energy channel remains the main route into inflation, rates, and growth.

Bitcoin enters this equation with one structural advantage over every major U.S. risk asset.

It trades through all of it, through weekends, through Asia hours, through the periods when Wall Street’s core cash market is closed.

Bitcoin tracked the same macro shock as equities, then formed its own pattern while Wall Street was offline

Bitcoin’s value in this sequence comes from timing.

It trades continuously, so it acts as a live macro market when U.S. equities are closed.

That gives it two roles at once.

It responds to the same geopolitical inputs that move the S&P 500, and it also offers a real-time view of how those inputs are being absorbed outside the U.S. cash session.

The pattern in the charts around this latest Iran-Trump sequence clearly carries that distinction.

Bitcoin sold off hard into the weekend and into the period around the U.S. close, then moved into a long stabilization band while U.S. equities sat offline.

Bitcoin price fell to the March 27 close, then spent much of the closeout period in a broad range around the mid- to upper $66,000s, before firming into the U.S. open on Monday.

The S&P’s intraday sequence was sharper and more discrete.

Bitcoin’s sequence was earlier, more continuous, and more gradual.

That broad structure lines up with broader market reporting from earlier in the month.

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Bitcoin was the first liquid asset to price the Iran war when the initial attack cycle began on a Saturday, dropping 8.5% while traditional markets were closed.

In the days that followed, Bitcoin slid as far as $67,300 before turning higher after Trump said the U.S. had begun talks with Iran. Bitcoin then climbed back above $71,000 when war concerns eased.

Bitcoin also slid below $68,500 last week as another round of mixed messaging from Iran whipsawed markets. There's a simple interpretation.

Bitcoin has been trading as a macro-sensitive asset throughout this conflict, with oil, rates, and political signals shaping direction.

The latest charts add a more refined point.

Three market charts showing Bitcoin, the U.S. Dollar Index, and the 10-year Treasury yield around the U.S. market open.
Three market charts showing Bitcoin, the U.S. Dollar Index, and the 10-year Treasury yield around the U.S. market open.

Bitcoin mirrored the S&P at the regime level, with both assets weakening under geopolitical stress and firming when Trump’s rhetoric shifted toward talks. Within that regime, the path diverged.

During the hours when the S&P cash market was closed, Bitcoin spent more time absorbing losses and building a base than extending a strong relief move.

The visible lift came closer to the U.S. open.

That timing suggests Bitcoin functioned as a pre-open sentiment gauge for the Monday rebound in equities, with the strongest upside leg appearing from around 00:01 UTC on Monday into the U.S. session.

The U.S. Dollar Index has also climbed steadily into Monday, which gives the move extra texture.

A firmer dollar usually tightens the backdrop for BTC and other risk assets.

Bitcoin’s ability to stabilize and then rise alongside a rising DXY points to a move driven by repricing around Iran and Trump’s messaging, supported by positioning and relief, with less help from the currency side of the macro equation.

Oil, payrolls, retail sales, and Bitcoin’s 24/7 signal define the week ahead

The macro calendar now arrives with crude oil at the center.

The Wall Street Journal said WTI had climbed roughly 50% since the U.S. and Israel began bombing Iran in late February.

Axios wrote that the OECD now sees U.S. inflation reaching 4.2% in 2026, up 1.2 percentage points from expectations in December, because the war and the energy shock have altered the inflation path.

That turns this week’s economic releases into a concentrated stress test.

  • The Bureau of Labor Statistics says the March Employment Situation arrives Friday, April 3, at 8:30 a.m. ET.
  • The Census Bureau says the delayed February advance retail sales release lands on April 1.
  • The Institute for Supply Management says the March Manufacturing PMI will be released at 10:00 a.m. ET on Wednesday, April 1.
  • The Bureau of Economic Analysis lists the next U.S. international trade release for Thursday, April 2.

Each of those reports now carries a second layer. Investors will judge growth through the lens of oil. That raises the pressure on every risk asset, including bitcoin.

Bitcoin has already outperformed many major assets at points during the stress.

The immediate week-ahead setup is narrower and more practical.

Bitcoin is serving as a high-beta macro instrument during geopolitical repricing, and it is also serving as a 24/7 discovery venue for sentiment shifts that hit outside U.S. cash hours.

That combination makes Bitcoin unusually useful right now.

If Trump posts over a weekend, bitcoin trades first.

If oil surges in Asia hours, bitcoin absorbs that input before New York.

If a diplomatic turn emerges in the early morning, bitcoin can begin revaluing risk before the S&P cash market gets a vote.

The unresolved question for the week sits exactly here.

Trump’s Iran posts have shown enough market impact to count as a working transmission channel, and traders have been watching these moments closely, including bursts of trading activity that arrived shortly before some of the posts.

Markets still need confirmation from events on the ground, from oil, and from the incoming U.S. data.

Bitcoin offers one of the clearest real-time views of how investors are processing that uncertainty.

The recent pattern suggests a sequence with three phases, initial risk repricing, stabilization through the closure, then a firmer advance into the U.S. reopen.

If that sequence repeats during the next round of Iran-related messaging, bitcoin’s weekend and overnight behavior will offer one of the earliest clues about whether traders see another temporary relief move forming, or whether the energy shock is taking control of the week.

The post Iran Speaker predicts pre-market “reverse indicator” then Bitcoin climbed before the S&P500 appeared first on CryptoSlate.

Congress aims to make digital dollars easier to use than Bitcoin solidifying the ‘digital gold’ narrative
Mon, 30 Mar 2026 17:45:04

Washington is building a cleaner lane for digital dollars, and the consequence for Bitcoin is becoming easier to map.

Over the past year, U.S. lawmakers, regulators, and the White House have moved in the same direction. The GENIUS Act framework advanced in the Senate with language built around payment stablecoins, reserve backing, consumer protection, and cross-border efficiency.

The White House’s digital assets report described dollar-backed stablecoins as the “next wave of innovation in payments” and tied them directly to U.S. monetary reach. Treasury Secretary Scott Bessent later said the law gives the dollar an “internet-native payment rail.”

Then the OCC’s February proposed rule translated that political direction into operating architecture, spelling out how permitted issuers, reserves, redemption, custody, supervision, and approval processes would fit together under federal oversight.

The alignment is hard to miss.

Washington wants a regulated digital dollar product that can move through familiar legal channels, support demand for Treasuries, and extend dollar settlement into faster, cheaper, and more globally portable rails. That preference does not erase Bitcoin. It sorts Bitcoin into a different lane.

Stablecoins are being shaped as money-like instruments. Bitcoin remains the scarce external asset, valuable because it sits outside the state’s liabilities and outside the dollar’s direct monetary stack.

That leaves a more interesting question for markets.

If the U.S. state is building better legal and tax plumbing for digital dollars, what happens to the long-running ambition that Bitcoin could become everyday transactional money in major developed markets?

The answer increasingly looks uncomfortable for that use case. Bitcoin still carries scarcity, portability, censorship resistance, and reserve-like appeal. Its recent price behavior also complicates any simplistic “digital gold” slogan.

Yet policy direction keeps reinforcing the same split, stablecoins for spending, Bitcoin for savings, collateral, treasury reserve exposure, and macro expression. That is a narrower role than some early Bitcoin advocates imagined, though it is also a cleaner one, and potentially a more durable one.

Washington’s stablecoin push is building digital cash around the dollar

The first layer of the structure is explicit state interest. The White House report frames dollar-backed stablecoins as a strategic payments technology. The language is direct.

Dollar stablecoins can reinforce U.S. financial leadership, support real-time cross-border transfers, and preserve dollar relevance as digital finance globalizes.

Treasury’s post-enactment statement on GENIUS pushes the same line from a market structure angle, presenting stablecoins as a new rail for the dollar economy and a mechanism that can increase demand for U.S. government debt through reserve holdings.

A Richmond Fed economic brief reaches a similar conclusion, arguing that reserve-backed stablecoins can deepen, rather than dilute, demand for dollars and Treasuries.

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The second layer is implementation. The OCC’s proposed rule gives this direction operational shape.

It sets out who can issue payment stablecoins in the United States, how reserves should be handled, how redemption works, what supervisory standards apply, and how custody and approvals fit into the regime. This framework signals institutionalization. Markets usually respond to legal clarity with capital formation, product design, and distribution buildout.

A payments instrument becomes far more credible when issuers, banks, custodians, and service providers can see the rails in advance.

The third layer is tax treatment. The PARITY Act discussion draft creates a special rule for qualifying regulated payment stablecoins pegged solely to the U.S. dollar, with explanatory language that points toward a de minimis approach for routine transactions. In the same draft, lawmakers move to apply wash-sale rules across digital assets.

The sequencing is telling. The product being simplified for ordinary use is the regulated digital dollar. The asset class facing tighter tax discipline is the broader digital asset field, including Bitcoin exposure.

BDO’s analysis highlights the exact direction, noting both the expansion of wash-sale treatment and the specialized relief contemplated for regulated payment stablecoins.

Set those layers together, and a pattern emerges.

The United States is promoting a version of crypto that can extend the dollar's reach, deepen Treasury demand, and fit within conventional oversight. That policy mix naturally favors instruments with price stability, issuer accountability, reserve transparency, and redemption design.

Bitcoin offers almost none of those features, as governments typically define payment infrastructure. It offers an exogenous monetary asset with a fixed supply and no sovereign issuer.

That distinction sits at the center of the debate.

Washington’s current path gives digital dollars better odds of becoming normalized money on-chain. Bitcoin, by comparison, keeps its claim on scarcity and neutrality, while losing ground in the race to become frictionless everyday currency within the U.S. regulated perimeter.

Bitcoin’s payments role is narrowing, while its scarcity case remains intact

Bitcoin’s position in this framework is more nuanced than either side of the ideological debate.

The maximalist reading says state preference for dollar stablecoins vindicates Bitcoin by proving that governments will always privilege sovereign money. The dismissive reading says stablecoin progress leaves Bitcoin stranded as a speculative relic. Current evidence supports neither extreme.

Bitcoin still carries a large and durable monetary proposition as a scarce bearer asset. It still offers settlement outside banking hours, resistance to debasement over long horizons, and portability across borders without issuer risk. Yet the conditions needed for Bitcoin to become easy, routine, tax-light money for mainstream U.S. consumers are moving further away.

Senator Cynthia Lummis’s 2025 digital asset tax proposal showed that at least some lawmakers understand the compliance burden created when everyday transactions in digital assets trigger taxable events.

That recognition captures a practical barrier rather than an ideological one. People do not spend assets easily when every small transaction creates a reporting calculation.

The more recent PARITY draft starts from a narrower base and gives the initial relief lane to regulated payment stablecoins. The draft also leaves the door open to future treatment for other digital assets, which keeps the long-term map fluid.

Even so, the immediate preference is clear. Washington is standardizing the payment token first, and that payment token is designed around the dollar.

This has direct implications for Bitcoin’s narrative. The phrase “digital gold” has always done several jobs at once.

It expresses scarcity. It signals distance from sovereign monetary systems. It points to long-duration holding behavior rather than transactional use. It also invites comparison with an asset that can hold value across regimes, even when short-term performance is uneven.

Recent Bitcoin market action complicates any lazy use of that label. Gold and Bitcoin do not move in lockstep through every risk window. Bitcoin remains more volatile, more liquidity-sensitive, and more exposed to cross-asset de-risking than physical gold.

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Those differences deserve clear treatment. At the same time, the state’s stablecoin agenda may end up strengthening the core of the “digital gold” frame by stripping away one of Bitcoin’s most contested ambitions, becoming regulated digital cash for ordinary commerce.

That shift could clarify Bitcoin’s role for mainstream users with some market exposure.

A cleaner framework would look like this. Stablecoins become the transactional layer, optimized for payments, remittances, exchange settlement, and digital-dollar mobility. Bitcoin becomes the savings and reserve layer, held for scarcity, sovereign distance, treasury diversification, collateral, and macro hedging across long arcs rather than everyday checkout flows.

The market already leans in that direction. Corporate treasury adoption, ETF flows, and reserve-asset rhetoric all sit closer to the savings side than the payments side. U.S. policy now appears to be reinforcing that separation rather than blurring it.

Stablecoins serve monetary reach, Bitcoin serves monetary distance

There is a tension inside that outcome.

Bitcoin’s broadest monetary dream loses range when states and banks build a far smoother digital-dollar stack. Bitcoin’s scarcity proposition gains clarity when its role becomes cleaner. Investors can hold both truths at once.

A narrower use case can still support huge value when the remaining use case is global, legible, and increasingly institutional. Gold itself offers the obvious parallel. It does not dominate payments. It still occupies a major place in reserves, savings psychology, and macro hedging.

Bitcoin’s volatility, liquidity profile, and technology stack make it a different asset from gold, though the structural comparison remains useful when thinking about role assignment rather than short-term price symmetry.

The deeper significance here sits beyond crypto branding.

Washington’s preference for digital dollars is also a preference for monetary reach. A regulated payment stablecoin extends the dollar into software, settlements, wallets, and cross-border networks while preserving reserve backing, redemption rights, and supervisory control.

That architecture serves the state. It supports financial influence abroad. It helps defend demand for dollar instruments. It keeps the center of gravity inside regulated intermediaries.

Senate Banking Committee language around faster, cheaper transactions and the White House’s emphasis on payment innovation and dollar leadership fit that objective exactly.

Bitcoin serves a different demand function. Its value proposition begins where state monetary control ends.

It is scarce by design. It settles without issuer redemption promises. It sits outside the Treasury market instead of helping fund it.

From a government perspective, those traits make Bitcoin far less useful as a tool of monetary extension. From an investor perspective, those same traits can make Bitcoin attractive in a world where sovereign systems keep expanding digital reach.

That is why the emerging split carries weight. Stablecoins and Bitcoin are increasingly being sorted into complementary rather than competing roles, one closer to money under sovereign sponsorship, one closer to an external reserve asset living alongside sovereign money.

For crypto markets, that sorting could reduce a long-standing ambiguity. For years, the sector tried to sell the same broad category as payment network, savings technology, speculative instrument, and anti-sovereign monetary alternative all at once.

Capital ultimately prices cleaner categories more efficiently. Regulators also regulate cleaner categories more confidently.

In that sense, the U.S. push around stablecoins could do two things at the same time. It could make digital dollars dramatically easier to use in normal economic life, and it could leave Bitcoin with a more concentrated identity anchored in scarcity, reserve behavior, and monetary independence.

That identity still faces tests. Bitcoin has to show that scarcity alone can support large and durable value through changing macro regimes. It has to show that its correlations with risk assets can loosen enough over time to sustain reserve-like demand. It has to absorb the fact that governments increasingly welcome blockchain-based dollars while offering far less enthusiasm for Bitcoin-based payments.

Those are real constraints. They also sharpen the core analytical question. The issue is no longer whether Washington embraces crypto in the abstract. The issue is which part of crypto Washington wants to scale.

Right now the answer points in one direction.

The United States is building policy for digital dollars because digital dollars extend the dollar system. Bitcoin sits outside that ambition. That leaves Bitcoin with a harder, narrower, and in some ways stronger proposition.

It remains scarce. It remains globally legible. It remains outside sovereign issuance.

If U.S. policy keeps making digital dollars easier to issue, hold, settle, and spend, Bitcoin’s role as digital gold gains clearer edges, even if its price behavior continues to challenge any simple slogan. The next test is whether markets start valuing that clarity as a feature rather than a limitation.

The post Congress aims to make digital dollars easier to use than Bitcoin solidifying the ‘digital gold’ narrative appeared first on CryptoSlate.

Cryptoticker

Cardano (ADA) Down 60%: Is Cardano Dead or Set for a Comeback in 2026?
Tue, 31 Mar 2026 08:45:36

Cardano ($ADA) has had a rough ride this year. Over the past 12 months, it’s dropped more than 60%, with 2026 alone already seeing a 26% decline. Many investors are asking themselves: is Cardano finished, or is it just undervalued?

The truth isn’t so clear-cut.

Sure, the price looks weak, but it’s not just Cardano—macro pressures are weighing on the entire crypto market. Rising geopolitical tensions, especially the ongoing conflict in Iran, are shaking risk assets across the board.

Still, crypto has shown it can hold up under stress. Often, during times like these, markets go into a “wait-and-see” mode rather than collapse outright, giving projects like Cardano room to recover.

Cardano Price Analysis: What the Chart Is Telling Us

Looking at the below daily chart, the trend is clearly bearish—but with signs of stabilization.

ADAUSD_2026-03-31_10-22-48.png

Key Observations

  • ADA has been in a long-term downtrend since mid-2025
  • Price is currently consolidating around $0.24–$0.25 support
  • Lower highs confirm continued selling pressure
  • RSI is neutral (~40–45), suggesting no strong momentum yet

Important Levels to Watch

Support zones:

  • $0.24 → critical short-term support
  • $0.21 → next major downside target if breakdown occurs 

Resistance zones:

  • $0.30 → first breakout level
  • $0.40 → strong resistance zone
  • $0.55 → macro trend reversal level

Right now, $Cardano is trading in a compression phase, often a precursor to a big move.

Iran War Impact on Crypto: Why ADA Is Struggling

The current geopolitical situation is playing a major role.

  • Oil price spikes and inflation fears are reducing risk appetite
  • Altcoins like ADA are typically hit harder than Bitcoin
  • Market volatility is preventing clear bullish momentum 

Bullish Scenario: Cardano Recovery Targets in 2026

If market conditions improve—or if the war de-escalates—Cardano could recover faster than many expect.

Short-Term Recovery Targets

  • $0.30 → first breakout confirmation
  • $0.42–$0.58 → relief rally zone after macro stabilization 

Mid-Term Targets (2026)

  • $0.50–$0.67 → realistic range based on analyst forecasts 
  • ~$0.41+ → conservative baseline if downtrend ends 

Long-Term Potential

Some models suggest:

  • $2+ possible by 2030 with strong adoption 
  • Even $3+ in a strong bull cycle with regulation clarity 

👉 Bottom line: Cardano is not dead—but it needs a macro tailwind + market cycle shift.

Bearish Scenario: What If the Downtrend Continues?

If the Iran war escalates or macro conditions worsen, ADA could still drop further.

Downside Risks

  • Breakdown below $0.24 → confirms bearish continuation
  • $0.21 → next key support (~20% downside) 
  • Sub-$0.20 → possible in extreme risk-off environment

Weak demand and declining trading activity are already visible in the market.

Is Cardano Still a Good Investment?

From an analytical standpoint:

Strengths

  • Strong academic and research-driven blockchain
  • Active development and roadmap (Voltaire phase, governance) 
  • Long-term ecosystem growth potential

Weaknesses

  • Weak price momentum
  • Strong competition (Solana, Ethereum L2s)
  • High dependence on overall crypto market cycles
Is Ethereum Insanely Undervalued? Bitmine’s $6.7 Billion Staking Bet Says Yes
Tue, 31 Mar 2026 07:12:28

The crypto market is going through a major phase of institutional accumulation right now. A good example: by the end of March 2026, Bitmine Immersion Technologies has staked a huge 3.31 million ETH.

That’s worth roughly $6.7 billion—and it’s not a small bet. Moves like this go beyond simple treasury management. It’s a strong signal that big players still see Ethereum as undervalued, especially when you look at how much the network is actually used and the fact that it can generate yield on top.

Bitmine’s "Digital Asset Treasury" Strategy

Bitmine has transitioned from a traditional mining firm into a sophisticated "Digital Asset Treasury" powerhouse. The firm’s long-term strategy, often discussed in institutional circles as the "Alchemy of 5%," aims to eventually control 5% of the total Ethereum supply.

By staking 3.31 million ETH, Bitmine has become one of the largest individual entities securing the network. This strategy treats $ETH not just as a speculative asset, but as a productive capital asset. By moving these tokens into staking protocols, Bitmine is effectively creating a "corporate bond" equivalent for the blockchain era, generating consistent yield while betting on the long-term appreciation of the underlying asset.

What is Staking and why is it Important

Staking helps keep Ethereum secure without using a lot of energy. By locking up your tokens, you're acting as a digital "guard" for the network. It’s a win-win: the blockchain gets the validation it needs to stay decentralized, and you earn rewards like new ETH and fee tips for your participation.

The Impact of 3.31 Million ETH Locked

  • Network Security: Bitmine now controls a significant portion of the validator set via its MAVAN (Made in America VAlidator Network) platform, contributing to the decentralization and security of the Ethereum network.
  • Massive Yield Generation: At current staking rates, this multi-billion dollar position generates hundreds of millions of dollars in annual revenue. This "organic" income is independent of market volatility, providing the firm with a robust balance sheet.
  • The Supply Squeeze: By removing over 3 million tokens from the tradable supply, Bitmine is contributing to an illiquidity event. When large amounts of ETH are locked in staking, the "circulating" supply on exchanges drops, which can lead to explosive price moves if demand increases.

Why Institutional Data Suggests ETH is "Insanely Undervalued"

Despite the multi-billion dollar valuation of Bitmine’s holdings, many analysts argue that the current $Ethereum price is still far below its fair market value. The argument for ETH being undervalued hinges on several fundamental pillars:

FactorInstitutional Outlook
Deflationary PressureEIP-1559 continues to burn fees, reducing total supply.
Staking RatioAs more ETH is staked, the liquid supply hits record lows.
Institutional AccessThe maturity of Ethereum ETFs has opened the floodgates for traditional capital.
Utility DominanceEthereum remains the primary layer for DeFi, NFTs, and Layer 2 scaling.

Market leaders point to historical "V-shaped" recoveries, noting that Ethereum has frequently outperformed $Bitcoin in the late stages of a bull cycle. With the bridge between Wall Street and on-chain yield now fully established, the current price levels are increasingly viewed as a high-conviction entry point for long-term holders.

ETHUSD_2026-03-31_10-10-40.png

Ethereum Future and the Path to New Highs

If Bitmine and other institutional players continue to lock up massive quantities of ETH, the upward pressure could become unsustainable for bears. The "Triple Halving" effect—the combination of reduced issuance, fee burning, and massive staking—is creating a supply-demand imbalance that hasn't been fully priced in yet.

Tech Giants Lose $5 Trillion: Why Crypto Is Holding Steady (For Now)
Mon, 30 Mar 2026 17:35:46

Global markets are starting to split in a noticeable way. The “Magnificent 7”—Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, and Tesla—have lost around $5 trillion in market value from their peaks. The Nasdaq is under pressure as AI hype cools and geopolitical tensions rise, pushing investors to look for safer ground.

What’s surprising is that crypto has held up relatively well so far. While big tech valuations are getting squeezed, Bitcoin and Ethereum have stayed fairly stable. Still, the strong link between tech stocks and crypto hasn’t gone away—so it’s probably a matter of when, not if, crypto reacts.

The $5 Trillion Tech Wipeout: A "Magnificent" Retreat

The sell-off in Big Tech has been nothing short of historic. Since hitting a combined valuation peak of roughly $20 trillion in late 2025, the leading seven stocks have entered a significant correction phase.

CompanyMarket Cap Impact (Est.)Primary Driver
Nvidia-$700 BillionAI ROI Skepticism
Microsoft-$1 TrillionAzure Growth Deceleration
Tesla-11.2% YTDEV Demand Softening
Amazon-$400 BillionLogistics Capex Pressure

According to recent reports from Bloomberg, this $5 trillion wipeout is fueled by a "market rotation" away from overextended AI valuations and into cyclical sectors like energy and infrastructure. The outbreak of conflict in the Middle East has further pressured these giants, as rising oil prices threaten to keep interest rates "higher for longer."

Why Crypto Prices Are Stable Today

Despite the sell-off on Wall Street, Bitcoin is holding up relatively well. As of March 30, 2026, it’s trading in the $66,400–$67,500 range. Ethereum (ETH) is hovering around $2,050, showing a slight bounce from its recent lows.

This stability is largely due to:

  1. Institutional HODLing: Spot ETFs have changed the market structure. Major allocators are treating Bitcoin as a long-term asset rather than a speculative trade.
  2. Supply Constraints: Post-halving dynamics are fully in play, with exchange balances at multi-year lows.
  3. Regulatory Clarity: Recent SEC and CFTC guidance classifying major assets as "digital commodities" has provided a floor for institutional confidence.

Crypto Prediction: Is the "Lagging" Crash Coming?

While crypto looks like a "hero" today, historical data serves as a stern warning. The 30-day correlation between Bitcoin and the Nasdaq 100 has recently hovered near 0.80, its highest level in years.

Historically, when a massive deleveraging event occurs in tech, crypto follows with a delay. As institutional investors face losses in their equity portfolios, they often liquidate "liquid" assets like Bitcoin to cover margin calls or rebalance risk. If the Magnificent 7 continue their slide toward a formal bear market (a 20% drop), we could see a "liquidity flush" in crypto that sends BTC toward the $58,000 support zone.

Crypto Price Today (March 30, 2026)

TOTAL_2026-03-30_20-28-42.png
Total crypto market cap in USD
  • Bitcoin ($BTC): $67,250 (+1.8% in 24h)
  • Ethereum ($ETH): $2,058 (+3.6% in 24h)
  • Solana ($SOL): $135 (+1.9% in 24h)
  • $XRP: $1.35 (+1.2% in 24h)

Analysis: Will Cryptos Crash?

The current stability in crypto is a testament to its maturing market structure, but it would be premature to declare a total "decoupling" from tech. Traders should keep a close eye on $65,800 for Bitcoin; a break below this level would likely signal that the $5 trillion tech wipeout is finally spilling over into the digital asset space.

Is XRP Coin Dead? Price Drops -37% Yearly But there's a Catch
Mon, 30 Mar 2026 12:00:00

The question "Is XRP dead?" has resurfaced with a vengeance in early 2026. After a massive bull run that saw the asset peak at $3.65 in July 2025, the token has entered a grueling downtrend. As of March 30, 2026, XRP is trading at $1.34, representing a 37% decline from its price of $2.10 exactly one year ago.

Despite the conclusion of the Ripple vs. SEC lawsuit in August 2025 and the subsequent launch of several spot XRP ETFs, the price action remains decoupled from the "bullish" fundamental narrative. This article analyzes the structural, macro, and technical reasons behind this stagnation and what it would take for XRP to reclaim its former glory.

Why is XRP Down?

Investors are understandably frustrated. While Bitcoin and Solana saw significant institutional rotations in late 2025, XRP has surrendered 63% of its value since its cycle high. The primary drivers for the current slump include:

  1. Macro Economic Pressure: The Federal Reserve’s hawkish stance in March 2026, projecting only one rate cut for the year, has sucked liquidity out of high-risk altcoins.
  2. Geopolitical Instability: Recent conflicts in the Middle East have triggered a "risk-off" environment, favoring gold and oil over digital assets.
  3. ETF "Sell the News": Much like the Bitcoin ETF launch in 2024, the debut of XRP ETFs in late 2025 led to a massive liquidity exit by early whales.
XRPUSD_2026-03-30_13-27-09.png
XRP price in USD over the past year

The "Dead Coin" vs. Utility Reality

In the crypto space, a "dead coin" typically refers to an asset with zero development, no liquidity, and no community. By this definition, XRP is far from dead. The XRP Ledger (XRPL) is currently processing over 1.5 million transactions daily. Ripple’s stablecoin, RLUSD, has reached a market cap of $1.4 billion, serving as a bridge for institutional cross-border payments. According to Investing.com, institutional interest remains high, with 25% of surveyed asset managers planning to add XRP to their portfolios by the end of 2026.

XRP Price Prediction: The Technical Breakdown

Technically, XRP is trapped in a classic bear flag pattern on the weekly charts. The price is currently testing a critical structural floor.

XRPUSD_2026-03-30_13-32-19.png

Key Price Levels to Watch:

LevelTypeSignificance
$1.26 - $1.30Major SupportThe "Line in the Sand" that must hold to avoid a crash to $0.80.
$1.51 - $1.57Immediate ResistanceThe 50-day EMA rejection zone that has capped growth all of Q1 2026.
$1.89200-day EMAThe ultimate trend reversal indicator. XRP hasn't closed above this since early January.
$2.00Psychological BarrierReclaiming $2.00 is necessary to confirm the "recovery" narrative.

The Role of the CLARITY Act

While technicals look bleak, the "recovery" catalyst likely lies in Washington. The CLARITY Act, currently moving through the U.S. Congress, aims to codify the commodity status of digital assets like XRP. If passed by late April 2026, it could trigger the institutional "buy-in" that the market has been waiting for since the SEC case ended.

Will XRP Price Recover?

For XRP to recover to its $3.50+ levels, three things must happen:

  • Bitcoin Stability: XRP maintains an 80% correlation with $BTC. A Bitcoin recovery toward $75,000 is a prerequisite.
  • ETF Inflow Reversal: The current net outflows from XRP ETFs must flip to positive as "TradFi" investors seek diversification.
  • RLUSD Adoption: Increased use of the Ripple USD stablecoin for settlement on the XRPL will drive organic demand for $XRP as a gas token.
3 Cryptos Defying the Bearish Trend Amid Iran War Escalation
Mon, 30 Mar 2026 10:04:14

The global financial landscape is being shaken by escalating tensions in the Middle East. Reports suggest that the U.S.S. Tripoli, carrying around 3,500 Marines, has entered the Central Command region—fueling speculation about a possible ground operation targeting Iran. This growing uncertainty has triggered a clear risk-off mood across markets, with Bitcoin struggling to hold above the $65,000 level.

In the midst of all of these developments, and despite cryptos being slightly bearish, 3 altcoins are showing bullish momentum.

1. NKN (NKN): The Low-Cap Breakout

NKN has emerged as the top performer of the day, posting a staggering +38.63% gain in the last 24 hours and over 210% in the past week. With a market cap of approximately $11.89 million, NKN is a decentralized data transmission protocol aiming to rebuild the internet.

Analysis of the Surge

The recent price action for NKN is primarily driven by a massive 230.45% increase in trading volume. Interestingly, there are no specific fundamental catalysts or partnership announcements behind this move.

  • Speculative Flow: This appears to be a classic low-cap "pump" driven by altcoin rotation.
  • Technical Outlook: Traders should watch for sustained volume above $7.5M. A failure to hold current support could lead to a sharp reversal, common in high-volatility, low-cap assets.

2. DeAgentAI (AIA): AI Narrative Resilience

DeAgentAI (AIA) is making waves in the artificial intelligence sector, gaining 16.56% in 24 hours. The project operates as an AI-powered agent platform, a sector that has seen mixed results lately but remains a favorite for retail "moonshot" traders.

Social Hype vs. Fundamentals

While the AIA price is up nearly 30% over 7 days, much of the current momentum is attributed to social media hype and coordinated trading activity rather than protocol updates.

  • Key Levels: Liquidity has settled around the $0.118 mark.
  • Warning: The AI sector is prone to rapid sentiment shifts. Without a fundamental "moat," these gains rely heavily on continued social engagement.

3. DeXe (DEXE): Social Trading Momentum

DeXe, a decentralized social trading platform, has been holding up well, gaining 13.98% over the past 24 hours. Unlike many smaller caps, it has a more solid market cap of around $680 million, which usually points to stronger, more established capital behind the move.

Institutional and Retail Interest

DeXe recently showed up among the top gainers on Binance Spot. What stands out is that it’s moving up even while Bitcoin is going sideways—suggesting some capital is rotating into selective plays.

  • Resistance to watch: A move above $7.80 could confirm further upside
  • Positioning: Compared to other DeFi tools, DeXe’s focus on social trading gives it an edge, especially for traders looking for opportunities when the broader market is quiet

Summary of Bullish Movers

Project24h Change7d ChangeMarket Cap
NKN+38.63%+210.51%$11.89 M
DeAgentAI+16.56%+29.76%$22.44 M
DeXe+13.98%+8.69%$680.41 M

Decrypt

US Users Barred From KuCoin After $500K CFTC Settlement
Tue, 31 Mar 2026 13:34:36

A federal court order has permanently prohibited the exchange from serving U.S. customers unless it registers.

Uniblock Raises $5.2M to Unify Blockchain Infrastructure
Tue, 31 Mar 2026 13:01:04

The platform handles routing and failover for 3,000 projects across more than 300 chains through a single API.

Google Quantum Paper Boosts Odds of Bitcoin ‘Q-Day’ by 2032, Researchers Warn
Tue, 31 Mar 2026 12:26:26

Google warned that quantum advances could break crypto security sooner than expected, with analysts recommending ‘appropriate urgency.’

Bitcoin Holds $66K as Trump Prioritizes Iran War Exit Over Reopening Hormuz
Tue, 31 Mar 2026 11:57:11

Bitcoin held $66,000 as Trump reportedly pivoted to an Iran war exit, with analysts eyeing $90,000 if a potential de-escalation holds.

New US Rule Seeks to Open $8T Retirement Market to Crypto
Tue, 31 Mar 2026 05:46:15

The safe harbor proposal would allow 401(k) managers to offer crypto-linked funds with stronger legal protections.

U.Today - IT, AI and Fintech Daily News for You Today

XRP Accumulation Resumes as Buyers Take Advantage of Oversold Conditions
Tue, 31 Mar 2026 14:28:00

XRP market metrics are flipping positive amid signs of renewed accumulation.

Bitcoin's Best Buy Zone? CryptoQuant Reveals Key Oversold Level
Tue, 31 Mar 2026 14:22:00

This could be the best zone for Bitcoin's recovery as the price is getting closer to the below-average market level.

SHIB Burns Collapse by 100% to Lowest Values This Month
Tue, 31 Mar 2026 14:18:00

Shiba Inu community continues to eliminate meme coins; burns are now tracked by a renewed web portal.

Hyperliquid (HYPE) OI Tops $1.5 Billion, Ripple Effect at Play?
Tue, 31 Mar 2026 14:02:00

Hyperliquid has seen a massive boost in open interest following Ripple's integration of its solution.

'Can't Prove It's Me,' Cardano Founder Raises Concerns Over Proving Identity Online
Tue, 31 Mar 2026 13:39:00

Cardano founder charles Hoskinson highlights identity verification challenge on social platforms.

Blockonomi

ARK Invest Exits Nvidia (NVDA) and Meta (META) in Major Portfolio Shakeup
Tue, 31 Mar 2026 14:52:33

Key Highlights

  • ARK divested more than 213,000 Nvidia shares valued at approximately $37 million during the trading week
  • The investment firm reduced Meta Platforms holdings by over 90,000 shares, totaling nearly $50 million
  • Cryptocurrency exposure was trimmed through Bitcoin ETF and Bullish equity sales
  • CoreWeave became a new position with 41,830 shares acquired for roughly $3.1 million
  • Circle Internet Group emerged as the top purchase, with more than 161,000 shares valued between $16–17 million

Cathie Wood’s ARK Invest executed a significant portfolio rebalancing last week, characterized predominantly by divestment activity. The firm systematically reduced exposure to mega-cap technology companies, artificial intelligence-related equities, cryptocurrency investments, and consumer internet platforms, while selectively initiating limited new positions.

The most substantial divestment involved Nvidia. ARK liquidated a combined total exceeding 213,000 shares distributed across its three exchange-traded funds — ARKK, ARKW, and ARKF — representing more than $37 million in value. The semiconductor sector saw additional reductions: Advanced Micro Devices experienced sales of over 57,000 shares, Taiwan Semiconductor faced trimming of more than 18,000 shares, and Broadcom underwent a modest position reduction.


NVDA Stock Card
NVIDIA Corporation, NVDA

Teradyne represented another significant exit point. ARK disposed of approximately 82,000 shares valued around $24 million throughout the week, extending an ongoing strategy of position reduction in this holding.

Among internet and digital platform investments, ARK liquidated over 90,000 shares of Meta Platforms, representing a value approaching $50 million. Additional trims affected Alphabet, Netflix, Spotify, and Pinterest positions.

Cryptocurrency and Speculative Position Reductions

ARK decreased its stake in the proprietary ARK 21Shares Bitcoin ETF while maintaining its selling pattern in Bullish, a cryptocurrency-linked equity investment. Block experienced approximately 107,000 shares sold, representing more than $6 million in value.

High-growth innovation companies faced substantial cuts as well. Archer Aviation witnessed the removal of 899,000 shares from ARK’s holdings. Roku underwent a multi-session selling program totaling more than 234,000 shares. Recursion Pharmaceuticals saw 631,000 shares eliminated from the portfolio.

Healthcare sector divestments encompassed Illumina, Veracyte, Ionis Pharmaceuticals, and Natera. Defense-related holdings Kratos and BWX Technologies also experienced reductions.

ARK’s Accumulation Strategy

Purchasing activity remained concentrated but deliberate. Circle Internet Group represented the most prominent acquisition. ARK accumulated over 161,000 shares distributed among ARKF, ARKK, and ARKW, totaling between $16 million and $17 million.

Tempus AI emerged as another significant buy, with approximately 146,000 shares acquired across ARKK and ARKG, valued around $7 million. 10x Genomics received over 121,000 shares in new purchases, worth close to $2.5 million. Arcturus Therapeutics benefited from an addition exceeding 53,000 shares.

Most Recent Trading Day Transactions

On Monday, March 30, ARK acquired 41,830 shares of CoreWeave through the ARKK ETF, representing approximately $3.1 million in investment.

During the same session, ARK purchased 37,422 shares of Oklo alongside 20,674 shares of GeneDx Holdings. DoorDash received a modest addition of 2,527 shares.

Regarding sales that day, ARK disposed of 29,130 shares of Teradyne for approximately $8.6 million, and sold 42,818 shares of Veracyte for about $1.3 million.

The complete roster of additions to ARK’s portfolio throughout the entire week consisted exclusively of Circle Internet, Tempus AI, 10x Genomics, Arcturus Therapeutics, CoreWeave, Oklo, and GeneDx.

The post ARK Invest Exits Nvidia (NVDA) and Meta (META) in Major Portfolio Shakeup appeared first on Blockonomi.

The Walmart (WMT) Recession Signal Is Flashing Red: What It Means for the Economy
Tue, 31 Mar 2026 14:45:58

Key Takeaways

  • Market expert Jim Paulsen monitors the “Walmart Recession Signal” (WRS), which compares Walmart’s stock performance against the S&P Global Luxury Index
  • Walmart has climbed approximately 11% year-to-date while the luxury index has declined roughly 15%, creating a spread comparable to the 2008-09 financial crisis
  • This divergence indicates mounting financial pressure on lower- and middle-income households
  • While Paulsen anticipates an economic slowdown rather than a full-blown recession, he believes monetary policy adjustments may become necessary
  • Historically, the WRS has increased ahead of rising unemployment figures during economic contractions

Market analyst Jim Paulsen is sounding the alarm on potential economic headwinds using an unconventional metric: the performance gap between Walmart and luxury retailers.

Paulsen has developed what he terms the Walmart Recession Signal (WRS), which evaluates Walmart’s stock performance relative to the S&P Global Luxury Index. When value retailers significantly outpace luxury brands, it typically signals that consumers are tightening their purse strings.

Currently, this performance gap has widened considerably. Walmart stock has gained approximately 11% year-to-date, while the S&P Global Luxury Index has fallen around 15% during the same timeframe. This represents a substantial divergence.

The WRS has reached levels nearly matching its all-time peak. These extreme readings have only been witnessed once before—during the 2008-09 financial meltdown.

Paulsen has monitored this indicator for an extended period. According to him, the signal has preceded each of the past four U.S. economic contractions. This historical accuracy makes the present reading particularly noteworthy.

His most recent analysis appeared in a Substack newsletter. In his assessment, he noted that retail spending patterns are migrating toward discount retailers, suggesting intensifying pressure on lower- and middle-class consumers.

This behavioral shift among shoppers serves as an early warning of economic distress. When consumers downgrade from premium to budget alternatives, it frequently indicates genuine financial hardship affecting household budgets.

Labor Market Implications

Paulsen highlighted an important connection between the WRS and employment trends. He referenced the late 1990s as a case study, when the indicator climbed substantially before unemployment statistics showed deterioration.

This suggests that current warning signals may not yet appear in employment reports. Job market data could maintain a healthy appearance even as fundamental economic stress intensifies.

Paulsen additionally expressed concerns regarding private credit markets. He suggested that the elevated WRS reading might indicate “growing trouble” within this sector, which often operates beneath the radar of conventional economic analysis.

Economic Forecast

Notwithstanding the cautionary signal, Paulsen doesn’t foresee a complete recession materializing this year. His expectation is that the U.S. economy will experience deceleration rather than outright contraction.

He stated that he is “becoming more convinced that a significant U.S. economic slowdown is unfolding.” He further noted that reduced interest rates or policy intervention may prove necessary to prevent further deterioration.

While Paulsen refrained from demanding immediate rate reductions, his analysis implies he believes the Federal Reserve will eventually need to implement accommodative measures.


WMT Stock Card
Walmart Inc., WMT

On March 31, Walmart stock was trading 0.15% higher intraday, extending its outperformance relative to the luxury sector throughout the year.

The post The Walmart (WMT) Recession Signal Is Flashing Red: What It Means for the Economy appeared first on Blockonomi.

Russia Imposes Stricter Cryptocurrency Regulations With Purchase Caps and Licensing Requirements
Tue, 31 Mar 2026 14:39:14

Key Highlights

  • Russian legislation establishes annual retail crypto purchase ceiling at 300,000 rubles
  • Mandatory licensing framework introduced for all cryptocurrency intermediaries
  • Retail investors must pass knowledge assessment before accessing digital assets
  • Only central bank-approved highly liquid cryptocurrencies permitted for retail trading
  • Administrative penalties established for unlicensed cryptocurrency operations

The Russian government has implemented a comprehensive regulatory structure governing domestic cryptocurrency markets, significantly restricting retail investor participation while establishing mandatory licensing protocols. Moscow’s newly approved legislative measures require all digital asset transactions to flow through authorized intermediaries and impose stringent purchase limitations. This development represents a decisive move toward centralized control of the nation’s cryptocurrency ecosystem.

Investment Limitations Target Retail Cryptocurrency Buyers

Moscow has unveiled significant barriers limiting individual participation in domestic cryptocurrency markets. The regulatory framework mandates that retail investors successfully complete an assessment demonstrating adequate knowledge before purchasing digital assets. Annual acquisition limits have been set at 300,000 rubles per individual through any single authorized intermediary.

Russia restricts retail access exclusively to highly liquid digital currencies pre-approved by the central banking authority. This selective approach substantially narrows the spectrum of cryptocurrencies available to everyday investors operating within the regulated framework. The measure aims to shield non-institutional participants from exposure to highly volatile or illiquid digital tokens.

While domestic restrictions tighten, Moscow permits citizens to acquire cryptocurrencies through international platforms subject to disclosure obligations. Individuals utilizing foreign exchanges must report these activities to taxation authorities for regulatory compliance purposes. This dual approach maintains some international market access while tightening domestic controls.

Comprehensive Licensing System Brings Intermediaries Under Regulatory Umbrella

The Russian government has implemented a mandatory licensing program covering all entities facilitating cryptocurrency operations, encompassing trading platforms and custody service providers. Under this framework, every digital asset transaction must be processed through regulated intermediaries operating with official authorization. Consequently, unmonitored peer-to-peer cryptocurrency trading has been effectively prohibited.

Russia grants permission to traditional banking institutions and securities firms to provide cryptocurrency-related services under specified prudential guidelines. These financial entities must satisfy comprehensive compliance criteria before offering digital asset products to clients. This integration brings established financial institutions formally into the cryptocurrency sector.

The legislative package includes administrative sanctions targeting violations related to unauthorized cryptocurrency activities. Regulatory authorities intend to rigorously enforce compliance standards and eliminate unlicensed operations throughout the market. These enforcement provisions accompany the expanded regulatory infrastructure.

Moscow Pursues Controlled Cryptocurrency Integration Strategy

The regulatory approach seeks to legitimize cryptocurrency circulation while preserving centralized government supervision of trading operations. Rather than facilitating open market participation, the framework incorporates digital currencies into pre-existing financial regulatory structures. Moscow establishes cryptocurrency activity within a closely monitored and controlled environment.

Industry observers note that restrictive policies may inadvertently drive trading activity toward unregulated venues. Some market participants could migrate to informal networks or offshore platforms to circumvent domestic limitations. Such regulatory arbitrage may present significant enforcement challenges despite enhanced control mechanisms.

Russia pursues ongoing initiatives to incorporate its digital asset sector within national financial infrastructure. This regulatory philosophy reflects a broader governmental strategy balancing technological innovation with sustained regulatory control. Moscow advances a supervised pathway for cryptocurrency integration consistent with state authority priorities.

 

The post Russia Imposes Stricter Cryptocurrency Regulations With Purchase Caps and Licensing Requirements appeared first on Blockonomi.

Bernstein Calls Storage Stock Selloff an Overreaction – Time to Scoop Up Seagate, Western Digital, and Sandisk?
Tue, 31 Mar 2026 14:39:08

Key Takeaways

  • Google’s newly unveiled TurboQuant algorithm sparked a widespread selloff across memory and storage equities
  • Bernstein analysts argue TurboQuant poses no threat to HDD demand and minimal risk to NAND markets
  • The firm upgraded Western Digital to Outperform status, boosting its price target from $170 to $340
  • Seagate received a price target increase from $500 to $620; Sandisk maintained its $1,000 target
  • The three storage companies have declined 17% to 26% from their recent peaks

When Google unveiled its TurboQuant algorithm on March 24, 2026, the announcement triggered an immediate and severe downturn in memory and storage sector stocks.

Western Digital experienced a 21% decline from its recent peak. Seagate tumbled 17%. Sandisk suffered the most dramatic fall, plunging 26%. The bulk of these losses materialized in the immediate aftermath of the TurboQuant disclosure.


SNDK Stock Card
Sandisk Corporation, SNDK

TurboQuant represents an inference optimization technology. The algorithm cuts KV cache memory requirements by a factor of six while delivering up to eight times enhanced inference performance on Nvidia H100 GPUs, all without sacrificing accuracy.

The technology operates exclusively during the inference phase, not during AI model training. It doesn’t compress model weights, training datasets, or any stored data at rest.

Bernstein Société Générale Group analysts believe the market’s response was disproportionate to the actual implications. In a research note released Tuesday, they contended the downturn has generated attractive entry points across all three storage companies.

Hard Drive Demand Remains Untouched, Says Bernstein

Led by Mark Newman, Bernstein’s analyst team explained that TurboQuant’s effects are confined to GPU high-bandwidth memory and system DRAM. The technology has only marginal implications for NAND, which serves solely to offload inactive caches.

“HDD demand faces zero impact,” the research team stated. They emphasized that NAND exposure is negligible and doesn’t alter the fundamental long-term trajectory for storage technologies.

Bernstein elevated Western Digital from Market Perform to Outperform. The investment firm increased its price objective from $170 to $340. At the time of the rating change, Western Digital traded at $251.67, representing a 16% drop over the preceding week.

Western Digital currently sports a PEG ratio of 0.12, which analysts interpret as indicating substantial growth prospects relative to current valuation levels. Seventeen Wall Street analysts have recently adjusted their earnings projections higher.

Seagate retained its Outperform designation. Bernstein elevated its price objective from $500 to $620. Seagate delivered Q2 FY2026 non-GAAP earnings per share of $3.11, surpassing Wall Street expectations. The company achieved gross margins of 42.2%.

Recent Corporate Actions at Sandisk and Western Digital

Seagate’s third-quarter outlook projects revenue of $2.90 billion and earnings per share of $3.40.

Sandisk maintained both its Outperform rating and $1,000 price target from Bernstein. Western Digital recently submitted regulatory filings to divest up to 7.5 million Sandisk shares, although Sandisk won’t receive any proceeds from the transaction.

Western Digital additionally swapped 5.8 million Sandisk shares, priced at $545 each, to reduce outstanding debt obligations. This transaction formed part of a comprehensive strategy to strengthen the balance sheet. In response to this deleveraging initiative, S&P Global Ratings elevated Western Digital’s credit rating to BBB- with a stable outlook.

The storage company also completed the redemption of all remaining 4.75% Senior Notes scheduled to mature in 2026.

Cantor Fitzgerald increased its Western Digital price target to $420 with an Overweight rating following the company’s Innovation Day presentation. Morgan Stanley raised its target to $369, citing robust demand for AI-focused storage solutions.

Bernstein currently forecasts that Western Digital and Seagate’s combined revenue will expand at a 24% compound annual growth rate spanning FY2025 through FY2030.

The post Bernstein Calls Storage Stock Selloff an Overreaction – Time to Scoop Up Seagate, Western Digital, and Sandisk? appeared first on Blockonomi.

Nike (NKE) Stock Earnings Preview: Options Market Signals 8-9% Move Ahead
Tue, 31 Mar 2026 14:38:29

Quick Summary

  • Nike releases Q3 fiscal year 2026 results following today’s market close on March 31
  • Options market anticipates approximately 8–9% price swing in either direction
  • Consensus estimates call for $0.29 EPS (down 46.3% YoY) and $11.23B revenue
  • Greater China business represents critical concern — six consecutive quarters of declining revenue
  • Analyst community holds Buy stance while reducing price targets before earnings

Nike approaches Tuesday’s quarterly report amid a challenging year. The athletic apparel giant has seen NKE stock decline approximately 20% since January, pressured by sluggish sales momentum, compressed margins, and persistent weakness in its Chinese operations.


NKE Stock Card
NIKE, Inc., NKE

Consensus estimates point to Q3 FY26 earnings per share of $0.29 — representing a steep 46.3% decline versus the year-ago quarter. Revenue projections call for a modest 0.3% contraction to $11.23 billion. While these figures aren’t encouraging, market observers are focused on whether CEO Elliott Hill’s strategic reset is beginning to show results.

The derivatives market is preparing for substantial volatility. Based on the April 2 weekly options series, traders are pricing in an 8–9% movement in either direction, establishing a potential trading range from approximately $47 to $55.50 following the announcement.

Call option volume significantly exceeds put activity. The 54 strike shows the largest open interest concentration with 6,050 contracts outstanding, with additional interest clustering at the 55 and 60 strikes. Monday’s session featured aggressive buying in the 54, 55, and 56 call strikes — indicating traders are positioning for potential upside.

Regarding downside protection, the primary hedging activity centers around the 49–50 strikes, with some extreme downside coverage at the 45 level. This positioning pattern suggests market participants aren’t anticipating a dramatic selloff, though they remain cautious.

The implied volatility movement of roughly 8.3% sits modestly below Nike’s four-quarter average post-earnings move of 9.4%.

Greater China: The Critical Variable

The Greater China region remains the persistent challenge weighing on investor sentiment. Revenue from this geography dropped 17% in Q2 FY26, extending the decline to six straight quarters. Management’s commentary regarding any potential stabilization will receive intense scrutiny during the earnings call.

BTIG analyst Robert Drbul maintained his Buy recommendation while adjusting his price objective to $90 from $100. He observes “incremental underlying progress” across North American markets and anticipates continued difficult operational decisions — including workforce reductions at Converse and supply chain restructuring at the Memphis distribution hub.

Evercore analyst Amit Daryanani similarly retained his Buy rating but reduced his target to $69 from $77, lowering his fiscal 2027 EPS projection to $2.00. While acknowledging the turnaround is progressing more slowly than initially anticipated, he highlights the upcoming World Cup — taking place in the United States this summer — as a potential catalyst for renewed momentum.

Analyst Focus Points

The Street’s consensus rating stands at Moderate Buy, comprising 14 Buy ratings and 6 Hold ratings. The mean price target of $73.33 suggests 43% potential appreciation from present levels.

Primary topics expected during the conference call include: demand trajectory across China, gross margin guidance, product pipeline developments, inventory management execution, and strategic plans surrounding World Cup activation.

Financial results will be released following market close on Tuesday, March 31.

The post Nike (NKE) Stock Earnings Preview: Options Market Signals 8-9% Move Ahead appeared first on Blockonomi.

CryptoPotato

Ika Is Coming to Solana to Power Bridgeless Capital Markets
Tue, 31 Mar 2026 13:22:43

[PRESS RELEASE – Grand Cayman, Cayman Islands, March 31st, 2026]

dWallets make it possible to bring assets from every network to Solana, to hold, trade, and use financially without bridges

Ika is coming to Solana with a clear vision: Bridgeless Capital Markets.

Solana is the number one ecosystem for blockchain developers and the most used blockchain in the world. It is where the fastest teams ship, where breakout consumer products launch, and where Internet Capital Markets are being built in real time.

Ika is bringing to Solana a new primitive: dWallets, decentralized programmable multi-chain wallet accounts that let Solana users control assets on any blockchain without trusted intermediaries

With Ika, Solana is not just the best place to issue new assets or trade Solana-native assets. It becomes the place where assets from every network can be held, traded, and utilized financially on Solana without bridges.

Bridgeless Capital Markets

Solana is emerging as the home of Internet Capital Markets, but today non-native assets typically reach Solana through bridges, introducing fragmentation, synthetic wrappers, and trusted intermediaries. Ika replaces that model with dWallets, enabling Solana applications to control assets across networks directly with zero-trust cryptography.

This makes Solana the chain where all digital assets live on natively.

Bitcoin, RWAs, stablecoins, and other assets issued elsewhere can be held by Solana users and brought into Solana trading venues, lending markets, treasury systems, and consumer products without fragmenting liquidity across wrappers and synthetic versions. Capital from every ecosystem can flow into one execution environment: Solana.

“Solana already has the speed, the builder energy, and the market structure to become the place where global onchain capital converges” said David Lachmish, Co-Founder of Ika. “Ika gives Solana builders a powerful primitive: a way for assets from every network to be controlled and used on Solana without bridges.”

The dWallet: A New Primitive on Solana

At the core of Ika is the dWallet primitive: a programmable, transferable multi-chain account on Solana that can control an address on any network and sign transactions to it. Instead of relying on a single private key or centralized custodian, a dWallet’s signing authority is governed jointly by the user and the decentralized Ika network through 2PC-MPC, enabling access to assets on any chain without trusted third parties.

This opens a massive new design space for Solana builders, who can build decentralized versions of Fireblocks, Privy, or Binance, with policies and logic living on Solana and enforced across any network, including Bitcoin.

With Ika, a Solana DEX can trade native assets from any chain, a Solana lending protocol can support native assets from any chain, and a Solana multisig can hold native assets from any chain. Solana programs can become the financial interface for assets everywhere.

dWallets also make Solana a powerful control layer for AI agents. Instead of giving an agent a raw private key, a Solana program can define and enforce policies for how the agent uses assets across chains. Because signing is coordinated through Ika’s 2PC-MPC design, the agent never controls a private key on its own, and every action remains constrained by decentralized policy.

Ika’s Bridgeless Capital Markets vision positions Solana as the chain where every asset is available for trading, collateralization, treasury management, payments, automation, and financialization.

“Ika gives Solana builders the power to go after some of the biggest categories in crypto,” said Omer Sadika, Co-Founder of Ika. “Not just wallets or apps, but entire financial platforms built around assets from every chain, from Bitcoin through stables to RWAs, all orchestrated from Solana. That is what Bridgeless Capital Markets unlocks.”

Instead of fragmenting capital and relying on trusted intermediaries, Ika positions Solana as the definitive home for all digital assets. Ika will be live on Solana devnet in early Q2, and will launch on mainnet later this year.

About Ika

Ika is the network behind Bridgeless Capital Markets. Powering dWallets, Ika enables assets from every network to be held, traded, and utilized financially on Solana without bridges. By turning wallet control and signing authority into decentralized, programmable infrastructure, Ika gives Solana developers a new primitive for building the next generation of trading, custody, treasury, payments, and multi-chain financial applications. Users can learn more here.

The post Ika Is Coming to Solana to Power Bridgeless Capital Markets appeared first on CryptoPotato.

Ripple Whales Are Still Buying: So Why Is XRP’s Price Down Today?
Tue, 31 Mar 2026 13:22:10

Ripple’s native cross-border token is among the poorest performing larger-cap altcoins today, which comes in a rather intriguing time.

On-chain data shared by popular analyst Ali Martinez shows that the largest market entities within the XRP ecosystem have been on a substantial buying spree, which raises the question of why the asset is down now.

All Going XRP’s Way

Ripple whales were mostly absent in the first couple of months of the new year, but returned with a 200 million token accumulation completed in the span of 14 days in mid-March. Another 40 million token scoop followed a week later, as reported. Martinez noted yesterday that they had continued acquiring more XRP, adding 190 million additional coins once again in a 7-day timeframe.

But it’s not just whales’ behavior that should increase the XRP Army’s confidence levels. The company behind the token has made the headlines in the past month or so, scoring big partnerships, applying for key licenses, and announcing expansion plans to several jurisdictions, including Australia, Brazil, and Singapore.

During a recent interview after a conference held in Miami, Ripple’s CEO, Brad Garlinghouse, also praised the firm’s progress over the past year, especially since it acquired Hidden Road and GTreasury. He noted that the former, now known as Ripple Prime, has tripled its revenue rates since the acquisition last year, while Ripple Treasury, as it’s now called, is “way ahead of our forecast for both the end of last year, but also in Q1, we are going to have a record quarter.”

XRP Still Drops, Though

Despite all the positive developments taking place within the broader Ripple ecosystem, the native token continues to struggle. It’s down by 64% since its all-time high in July last year, and by nearly 30% YTD. The past week brought another 7% decline, while the last 24 hours have solidified XRP’s weakness against BNB.

Perhaps one of the reasons behind the asset’s inability to stage a notable recovery is the fact that ETF investors have largely stopped accumulating, as most of the past few weeks have seen negligible numbers. Yesterday was a red day, with over $2.3 million leaving the funds.

CRYPTOWZRD weighed in on XRP’s price performance and warned that a closure below $1.32 would mean “bearish territory.” The token is indeed under that level now, so the next several hours could be crucial for its short-term movements.

The post Ripple Whales Are Still Buying: So Why Is XRP’s Price Down Today? appeared first on CryptoPotato.

Ripple Price Analysis: XRP Enters Q2 With No Bullish Reversal Signs
Tue, 31 Mar 2026 12:18:14

XRP is wrapping up Q1 2026 at around $1.30, sitting near its lowest levels in the past couple of years. The altcoin has shed the vast majority of its gains from the cycle peak and continues to bleed against both the dollar and Bitcoin. And the worst news? There is no technical sign of a reversal as the new quarter approaches.

Ripple Price Analysis: The USDT Pair

XRP has broken below the $1.40 area that offered tentative support through much of March and is now trading closer to $1.30. The market is dangerously close to the February swing low around $1.20. The large descending channel also remains fully intact, and both the 100-day moving average (~$1.70) and the 200-day moving average (~$2.0) remain above the current market price and continue to slope downward. This has created a heavy stack of resistance overhead.

The $1.20 support zone is now the critical level to watch. It held during February’s capitulation wick, but a confirmed close below it would open the door toward $1.00 and potentially even the $0.60 zone marked in red on the chart.

The RSI has also retreated back toward the low-30s after a brief mid-March recovery, reflecting renewed bearish momentum. Therefore, buyers have no credible case until XRP reclaims at least $1.80 on a clean daily close.

The BTC Pair

The XRP/BTC pair action is also deteriorating further. XRP is now trading at around 1,970 sats and has slipped below the 2,000 sats psychological support level. If the price fails to bounce and reclaim this area soon, it confirms that XRP is continuing to lose ground relative to Bitcoin even as BTC itself trades near multi-month lows.

Both moving averages remain overhead and declining, with the 100-day and 200-day MAs compressing toward each other around 2,100 sats and above the current price. The RSI is also hovering around 40, offering no directional signal either way.

The next notable support sits at the 1,800 sats zone, with the lower channel boundary at 1,600 sats, and the key 1,500 sats horizontal level as deeper downside targets. Both of these areas could come into play soon if selling pressure intensifies in the second quarter of 2026.

The post Ripple Price Analysis: XRP Enters Q2 With No Bullish Reversal Signs appeared first on CryptoPotato.

Bitcoin Price Analysis: How Will BTC Start Q2 After a Disastrous Q1?
Tue, 31 Mar 2026 12:08:32

Bitcoin is closing out Q1 2026 on a sour note. The largest crypto is trading around $66.4k after a quarter that saw shedding nearly half its value from the October 2025 peak near $125k. With macro and geopolitical uncertainty still weighing on risk assets and no major structural level reclaimed, BTC heads into Q2 without a clear bullish catalyst on the horizon.

Bitcoin Price Analysis: The Daily Chart

On the daily timeframe, it is evident that the descending channel that has governed Bitcoin’s price action since late 2025 remains intact. Both the 100-day MA (~$77k) and 200-day MA (~$90k) are declining above the current price. The $75k–$80k zone, which served as a key support base earlier, has since flipped to resistance and rejected every recovery attempt in March.

Immediate support sits at the $60k band, which held during the February capitulation drop. A breakdown below that level on a closing basis would expose BTC to the $50k zone. Meanwhile, the RSI is hovering around 40, which reflects a market that is stabilizing but far from turning around. Therefore, a decisive daily close above $75k remains the minimum requirement for any credible shift in the broader trend.

BTC/USDT 4-Hour Chart

After spending several weeks compressing inside a rising flag pattern between roughly $60k and $75k, BTC has broken the pattern to the downside and is now consolidating near $66. The current range is flagged clearly by the red box on the chart. The triangle’s lower boundary, which had provided support on multiple retests, gave way in the final days of March, and the price has since struggled to reclaim it.

The RSI on the 4-hour is recovering from oversold territory and ticking upward toward the mid-40s. This leaves room for a short-term bounce. However, the key test will be whether BTC can reclaim the broken pattern support and build above it. Failure to do so keeps the path open toward a retest of the key $60k–$62k support zone.

On-Chain Analysis

One of the more compelling data points heading into Q2 is Bitcoin’s exchange reserve, which has dropped to approximately 2.7M BTC. This is the lowest level in the entire dataset going back to late 2022. The decline has been especially relentless over the past couple of weeks, as the market is trying to form a bottom above $60k

In isolation, declining exchange reserves are typically interpreted as a bullish structural signal, because fewer coins on exchanges means reduced immediate sell-side availability. However, the context matters.

Reserves have been falling alongside price, not ahead of a recovery, which suggests the outflows reflect long-term holder accumulation rather than incoming demand. So, until fresh buyers step in and translate that supply tightness into actual price appreciation, the on-chain picture remains constructive in theory but unconfirmed in practice.

The post Bitcoin Price Analysis: How Will BTC Start Q2 After a Disastrous Q1? appeared first on CryptoPotato.

BYDFi Marks 6th Anniversary with Month-Long Celebration, Built for Reliability
Tue, 31 Mar 2026 11:24:08

[PRESS RELEASE – Victoria, Seychelles, March 31st, 2026]

Global crypto trading platform BYDFi will mark its 6th anniversary with a month-long celebration beginning on April 1, 2026, highlighting BYDFi’s evolution into an all-in-one crypto trading platform built on a CEX + DEX dual-engine model. Over the past six years, BYDFi has continued to strengthen product infrastructure, user safeguards, and market access, shaping a platform built for reliability.

BYDFi’s Evolution: From Core Trading to Broader Market Access

Over the past six years, BYDFi has expanded into a global crypto trading platform serving more than 1 million users across 190+ countries and regions. Since launch, BYDFi has continued to broaden product offerings, strengthen user safeguards, and extend access across both centralized and onchain trading.

Recent milestones have further shaped BYDFi’s growth story:

  • July 2025: BYDFi expanded integrated onchain trading capabilities by supporting tokenized U.S. equities through xStocks, broadening access to onchain market opportunities.
  • August 2025: BYDFi entered a multi-year partnership with Newcastle United, becoming the club’s Official Cryptocurrency Exchange Partner and significantly expanding BYDFi’s global brand visibility.
  • August 2025: BYDFi launched BYDFi Card, extending BYDFi’s ecosystem from trading access into real-world payment utility.
  • February 2026: BYDFi launched TradFi trading on Web and App, expanding beyond crypto to offer access to traditional financial assets such as stocks, gold, and silver.
  • March 2026: BYDFi integrated perpetual futures market data into TradingView, giving traders direct access to real-time BYDFi market data within one of the industry’s most widely used charting environments.

Global Presence, Industry Recognition, and the Reliability Behind the Platform

From June 2025 through March 2026, BYDFi continued to build visibility across Asia and Europe through a series of appearances in Seoul, Bali, Lisbon, Hong Kong, Bucharest, and Warsaw. Together, these engagements strengthened BYDFi’s global visibility, broadened industry connections, and reflected BYDFi’s continued commitment to long-term market participation.

Over the same period, BYDFi also received a range of industry recognitions, including the Trusted Exchange Award at the TrustFinance Performance Awards, Outstanding Crypto Trading Platform at the FinanceFeeds Awards, BeInCrypto’s Community Pick recognition for Best Centralized Exchange (CEX), Best All-in-One Crypto Trading Platform at Crypto Expo Europe 2026, and Best Global Crypto Trading Platform at Next Block Expo 2026.

Behind this progress is the operating foundation BYDFi continues to build around reliability. BYDFi holds MSB registrations in the U.S. and Canada and is a member of South Korea’s CODE VASP Alliance. BYDFi also maintains 100%+ Proof of Reserves with periodic public reporting and reinforces this transparency with an 800 BTC Protection Fund. Together with 24/7 multilingual customer support and timely responses across official channels, these measures reflect a user-first standard built for clarity, protection, and trust over time.

Looking Ahead: Building the Next Chapter of BYDFi

BYDFi is entering the next stage of growth with a continued focus on product strength, user protection, and long-term trust. Michael, Co-Founder and CEO of BYDFi, shares:

“Six years is an important milestone for BYDFi, but what matters more is what BYDFi continues to build from here. As the market evolves, users expect more than access alone. Users expect consistency, clear standards, and continuous improvement as user needs evolve.”

He further adds, “For BYDFi, the next chapter is not about chasing noise. The next chapter is about continuing to strengthen the fundamentals: better infrastructure, stronger user protections, broader market access, and a trading experience designed to be practical, stable, and trusted over the long term. That is how BYDFi understands reliability in practice.”

A Month-Long Celebration for BYDFi’s 6th Anniversary

Beginning on April 1, 2026, BYDFi’s anniversary program will feature a total reward pool of more than $1,000,000 USDT throughout the anniversary season.

BYDFi’s anniversary campaign will center on three major events: Warm-Up Tasks, which brings together seven anniversary benefits across onboarding, first trades, fiat purchase rewards, referrals, and community participation; Shoot to Win, a football-themed lucky-draw experience; and the Futures Golden Ball Cup, a two-round futures trading competition.

Together, these activities are intended to give both new and existing users more ways to participate in BYDFi’s 6th anniversary while reflecting BYDFi’s broader journey over the past six years: steady product development, wider market reach, and a continued user-first commitment.

For more event details, users can visit the official website: BYDFi 6th Anniversary.

About BYDFi

Established in 2020, BYDFi is a global crypto trading platform that combines the power of a centralized exchange (CEX) with an integrated onchain trading module. BYDFi is Newcastle United’s Exclusive Official Crypto Exchange Partner. Recognized by Forbes as one of the Best Crypto Exchanges In Canada For 2026, BYDFi offers intuitive, low-fee trading across Spot and Perpetual Contracts to Copy Trading, and Automated Crypto Trading Bots, empowering both new and experienced traders to navigate digital assets with confidence.

BYDFi is dedicated to delivering a world-class crypto trading experience for every user.

BUIDL Your Dream Finance.

  • Website: https://www.bydfi.com
  • Support email: cs@bydfi.com
  • Business partnerships: bd@bydfi.com
  • Media inquiries: media@bydfi.com

Twitter( X ) | LinkedIn | Telegram | YouTube | TikTok | How to Buy on BYDFi

The post BYDFi Marks 6th Anniversary with Month-Long Celebration, Built for Reliability appeared first on CryptoPotato.

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