Crypto Market Structure Bill Release Pushed Back as Industries View Revised Stablecoin Yield Compromise This Week
The release of the crypto market‑structure bill has been delayed as industry representatives meet with Senate staff to review revised stable‑coin yield language. The compromise bans yield paid solely on stable‑coin balances while allowing activity‑based rewards, a point that raised technical concerns from crypto firms. Negotiations on the wording continue, leaving the public release date uncertain. Additional issues such as the definition of DeFi and political entanglements remain unresolved.
Coinbase Wins Initial Bank Regulator Nod for Trust Charter, Boosting Custody Push
Coinbase received conditional approval from the Office of the Comptroller of the Currency for a national trust company charter, a key step toward becoming a federally regulated crypto custodian. The OCC requires the exchange to build compliance infrastructure, hire key...
Elon Musk's X to Deploy Scam Kill Switch by Auto-Locking First-Time Crypto Mentioners
Elon Musk's platform X will automatically lock any account that mentions cryptocurrency for the first time, requiring extra verification before further posting. The feature targets a surge in phishing attacks that hijack accounts to promote scam tokens, which Musk’s product...
Galaxy Digital's Testnet Suffers Hack but No Client Funds or Information Were Compromised
Galaxy Digital disclosed an unauthorized intrusion into an isolated research‑and‑development testnet, resulting in a loss of less than $10,000. The breach was contained quickly, and the firm confirmed that no client funds or account information were accessed. Core trading platforms,...
Crypto Long & Short: Governance Is the Real Layer 1
The article argues that blockchain governance, not just technology, is the true foundational layer for digital assets. Recent crises, such as the 2023 Silicon Valley Bank collapse that destabilized USDC, highlight how traditional finance failures can ripple into crypto, underscoring...
Cango Raises Capital as It Faces NYSE Delisting Risk with Shares Below $1
Cango (CANG) faces NYSE delisting after its shares traded below $1 for 30 consecutive days, triggering a six‑month cure period. To shore up its balance sheet, the bitcoin miner issued a $10 million convertible note with DL Holdings and closed a...
Franklin Templeton Launches Crypto Division with 250 Digital Acquisition
Franklin Templeton is launching a dedicated cryptocurrency unit called Franklin Crypto, integrating the newly acquired 250 Digital team with its existing liquid crypto strategies previously managed by CoinFund. The division, led by former CoinFund executive Christopher Perkins, will focus on...
Bitcoin’s Crashes Are Shrinking, and Wall Street Is Starting to Notice
Bitcoin’s price corrections have shrunk to roughly 50% from previous 80‑90% drawdowns, signaling a maturing market. Analysts like Jason Fernandes and Fidelity’s Zack Wainwright attribute the compression to deeper liquidity and growing institutional participation. Bloomberg’s Mike McGlone, however, warns a “normal...
Coinbase’s Base to Focus on Tokenized Markets, Stablecoins, Developers This Year
Coinbase’s Base layer‑2 is pivoting to an in‑house tech stack, moving away from Optimism’s OP Stack to gain greater independence and scalability. The 2026 roadmap emphasizes three pillars: expanding tokenized asset markets such as equities and commodities, scaling stablecoin‑based payment...
Chainalysis Adds 'Natural Language' AI Agents to Its Blockchain Investigation Platform
Chainalysis is adding customizable natural‑language AI agents to its Reactor platform, letting users build investigative workflows through plain‑English prompts. The agents draw on roughly ten million prior investigations, providing audit trails and evidentiary standards without requiring coding expertise. The feature...
Downside Risk Remains as Bitcoin Nears Record-Tying Six-Month Losing Streak
Bitcoin is hovering around $66,600, down roughly 1% for March and on track to match a six‑month losing streak last seen in 2018‑19. The cryptocurrency would need a modest 1% rally before month‑end to close above the $67,300 threshold that...
Bearish Sentiment Builds in Crypto as Volatility and Hedging Rise
Bitcoin’s brief rally to $68,300 evaporated as volatility surged, with the BVIV index climbing to 58% and futures open interest slipping 18% year‑to‑date to $103.79 billion. The market’s risk‑off tone was amplified by a war‑driven oil price spike, pushing Brent to...
FTX Payout, U.S. Jobs: Crypto Week Ahead
Crypto markets face heightened volatility this week as the FTX Recovery Trust is slated to distribute roughly $2.2 billion to its creditors on March 31. At the same time, U.S. macro data—including non‑farm payrolls and unemployment figures—are due early April, potentially influencing...
The Bitcoin Market Remains Boring. Investors Chasing Yields May Be Partly to Blame
Bitcoin has been stuck in a narrow $70,000‑plus range since mid‑February, as institutional investors harvest yield by selling covered call options on their spot holdings. The flood of call premiums has transferred positive gamma exposure to market makers, forcing them...
Bitcoin Recovers to $67,400 After Dipping Below $65,200 as Houthis Enter Iran War
Bitcoin fell to a five‑week low of $65,112 on Monday before rallying to $67,402 as Asian markets opened. The dip broke a pattern of higher lows that had supported the crypto rally since the war began, while the broader market...
Hyperliquid Traders in Tokyo Get 200-Millisecond Edge, Glassnode Research Shows
Glassnode research shows Hyperliquid’s validators are clustered in AWS Tokyo, giving nearby traders a latency edge. Tokyo‑based users can reach the matching layer in 2‑3 ms, roughly 200 ms faster than users in Europe or the U.S. The speed advantage improves order...
Stablecoin Payments Go 'Invisible' In Southeast Asia as Crypto Card Business Surges
Singapore‑based StraitsX saw its stablecoin‑backed card program explode, with transaction volume increasing 40‑fold and card issuances rising 83‑fold between Q4 2024 and Q4 2025. The surge mirrors a broader crypto‑card boom, where global monthly volumes jumped from about $100 million in early 2023 to...
Markets Move to Price in Rate Hikes as Inflation Fears and Geopolitics Reshape Fed Expectations
Markets have shifted from expecting Federal Reserve cuts to pricing in rate hikes for 2026. The CME FedWatch Tool now shows about a 30% chance rates will end the year higher than the current 3.50‑3.75% range, while odds of cuts...
Kalshi Secures License to Offer Margin Trading to Institutional Investors
Kalshi’s affiliate Kinetic Markets received clearance to provide margin trading for professional clients, allowing positions with reduced upfront capital. The feature targets institutional investors and may launch first on new products rather than core event contracts. While the margin capability...
Canada Moves to Ban Crypto Donations for Election Campaigns Following UK
Canada’s government introduced Bill C‑25, the Strong and Free Elections Act, to prohibit cryptocurrency donations and other hard‑to‑trace contributions to political campaigns. The legislation, now at first reading, extends the ban to registered parties, candidates, riding associations and third‑party advertisers,...
Crypto's Future Is Bright in the Context of AI's Assault on Software Firms, Says Kraken-Backed Investment Firm
Kraken‑backed SPAC KRAKacquisition Corp. closed a $345 million IPO and is scouting crypto‑native companies valued between $2 billion and $10 billion. CEO Ravi Tanuku argues that while the crypto market endures a bear cycle, artificial intelligence poses a far greater existential risk to...
NYSE Owner Doubles Down on Polymarket with Fresh $600 Million Investment
Intercontinental Exchange (ICE), the parent of the NYSE, has added a $600 million tranche to its investment in prediction‑market platform Polymarket, bringing its total commitment to nearly $2 billion. The funding follows an earlier $1 billion stake and includes a planned $40 million share...
Retail Investors Drive Widespread Bitcoin Selling as Prices Fall
Retail investors with wallets holding fewer than 10 BTC are driving a broad‑based sell‑off as Bitcoin slips below $67,000. Glassnode’s 30‑day Accumulation Trend Score shows near‑zero values for sub‑10‑BTC cohorts, indicating aggressive distribution. Larger holders, especially whales in the 1,000‑10,000 BTC range,...
Ondo, Canton Sidestep Macro Concerns with Institutional Deals as Bitcoin, Ether Slide
Visa announced it will act as a super validator for Canton Network, propelling the CC token up 7% and underscoring the appeal of privacy‑preserving blockchains for institutions. Ondo Network’s ONDO token surged 9% after a tokenization partnership with asset manager...
Top Democrat on House Committee Questions Kraken's Federal Reserve Account
U.S. Representative Maxine Waters, ranking Democrat on the House Financial Services Committee, has sent a letter to the Federal Reserve Bank of Kansas City questioning Kraken’s newly approved “limited purpose” master account. The account gives Kraken direct access to the...
GameStop Turned Its $368 Million Bitcoin Stash Into an Options Income Play
GameStop transferred almost its entire bitcoin portfolio—4,709 of 4,710 BTC—to Coinbase Prime and used the coins as collateral for a covered‑call options program. The over‑the‑counter strategy writes short‑dated calls with strike prices between $105,000 and $110,000, earning premium income while...
Why Big Banks Are Snubbing Open Ledgers to Build Their Own Private Blockchains
Big banks are steering clear of public blockchains, opting to develop private, permissioned networks that restrict data visibility. DRW founder Don Wilson argued that full transparency conflicts with fiduciary duties, exposing trade strategies and causing price impact. While Ethereum and...
The NYSE Wants to Bring Blockchain to Wall Street without Breaking the Existing System
The New York Stock Exchange announced it will integrate blockchain technology into its existing market infrastructure rather than replace it, emphasizing a layered, interoperable approach. Chief product officer Jon Herrick highlighted the goal of tokenizing assets to enable faster, near‑real‑time...
Market Structure Bill Compromise Draws Wide-Ranging Reaction From Fractured Crypto Crowd
A compromise on the market‑structure bill, dubbed the Clarity Act, was presented to crypto and banking stakeholders, sparking mixed reactions. Coinbase publicly expressed dissatisfaction, fearing restrictions on its stablecoin‑reward programs, while other participants were “pleasantly surprised.” The proposal’s language could...
Elon Musk's X Hires Crypto-Savvy Design Lead as X Money Payments Push Inches Closer
Elon Musk’s X has appointed Benji Taylor, a veteran of crypto product design, as head of design for both X and its affiliated ventures xAI and SpaceX. Taylor previously founded the self‑custody wallet Family, which was acquired by Aave, and...
BitGo Teams with ZKsync to Build Tokenized Deposit Infrastructure to Bring Banks Onchain
BitGo and ZKsync have begun testing a full‑stack solution that lets banks issue and settle tokenized deposits on a permissioned, privacy‑preserving blockchain. The joint platform combines BitGo’s institutional custody services with ZKsync’s Prividium network, aiming to keep funds within existing...
SBI, Sony Back Startale’s $63 Million Push to Expand Japan’s Tokenized Finance Stack
Startale Group closed a $63 million Series A round, secured by SBI Group ($50 million) and Sony Innovation Fund ($13 million). The Singapore‑based firm builds blockchain infrastructure, including the Strium tokenized‑securities ledger, JPYSC and USDSC stablecoins, and a consumer‑facing app. The capital will be...
Solana Bets on AI Agents: Foundation Says Network Is Becoming Core Infrastructure for ‘Agentic’ Internet
Solana Foundation announced that its blockchain has already processed 15 million on‑chain payments initiated by AI agents, with stablecoins emerging as the default currency for machine‑to‑machine commerce. The foundation argues that this “agentic” internet will shift monetization toward sub‑cent, pay‑per‑use transactions...
Sky-Backed Obex Spreads $1 Billion Across Credit, Energy and AI Assets to Expand Stablecoin Yield
Obex, a Framework Ventures‑backed incubator, is allocating $1 billion to link Sky’s USDS stablecoin with tokenized credit, energy and AI infrastructure assets. The initiative brings together partners such as Maple, USD.ai, Daylight and Centrifuge to create blockchain‑enabled revenue streams beyond traditional...
Wall Street’s Crypto Push Has Been Years in the Making, Says Morgan Stanley
Morgan Stanley’s head of digital asset strategy, Amy Oldenburg, emphasized that Wall Street’s move into crypto is the result of years of infrastructure development, not a sudden hype‑driven rush. The bank has expanded beyond indirect exposure, adding spot Bitcoin ETFs...
Crypto Finance Is Beginning to Look at Lot More Traditional, Aave and Ethena Founders Say
Crypto finance is shifting from speculative token trading toward fixed‑income‑style products that promise steadier returns. Aave founder Stani Kulechov and Ethena CEO Guy Young highlighted new tools, such as Pendle's fixed‑to‑floating rate swaps, that let users lock in yields despite...
Why Cautious TradFi Firms Love Staked Ether
Regulated insurers are now underwriting staked‑ether products that reference the Composite Ether Staking Rate (CESR), turning a previously speculative crypto activity into a credible institutional yield asset. The CESR benchmark offers a daily, transparent rate, while insurance policies guarantee minimum...
Bitcoin Slips Below $70,000, Circle's 16% Slide Leads Crypto Stock Sell-Off
Bitcoin slipped back below the $70,000 mark, trading around $69,480 as risk assets retreated amid a broader equity pullback. The decline coincided with a sharp 16% drop in Circle’s stock after a draft of the U.S. Clarity Act threatened to...
Tether Hires a 'Big Four' Firm for a Full Audit of USDT Reserves
Tether announced it has engaged an unnamed Big Four accounting firm to perform its first full financial‑statement audit of the $184 billion USDT stablecoin. The audit will scrutinize the token’s assets, liabilities, internal controls and reporting processes, moving beyond the periodic...
Bitcoin May Have Already Bottomed Out Near $60,000. Here’s Why.
Bitcoin’s price has stabilized near $60,000 after a sharp decline from its October high above $126,000. The 30‑day implied volatility indices DVOL and BVIV surged to around 90 % in early February, a level historically linked to market capitulation and subsequent...
Solana Foundation Taps Mastercard, Western Union, Worldpay for Institutional Developer Platform
The Solana Foundation has unveiled the Solana Developer Platform (SDP), a toolkit that lets enterprises build tokenized assets, stablecoins and payment flows on Solana via APIs. Early adopters include Mastercard, Western Union and Worldpay, signaling strong institutional interest. SDP bundles...
XRP Falls 3% as Breakdown Below $1.44 and Bitcoin Weakness Caps Recovery
XRP slid about 2.6% to $1.41 on March 22 after breaching the $1.44 support level. The breakout was accompanied by selling volume more than three times the daily average, pushing the token toward the $1.40 support zone. The move continues a...
Bitcoin Drops Below $69,200 as Trump Gives 48-Hour Ultimatum on Iran Power Plants
Bitcoin slipped below $69,200 on Sunday, trading around $69,192 after a 2.2% drop triggered by President Donald Trump’s 48‑hour ultimatum to Iran over the Strait of Hormuz. The geopolitical warning sparked roughly $299 million in crypto liquidations, with long positions absorbing...
It Could Cost You up to $6 Million to Grab Lunch with Donald Trump
Donald Trump’s upcoming crypto luncheon at Mar‑a‑Lago will admit up to 297 guests based on holdings of the TRUMP memecoin, with entry costs ranging from roughly $70,000 to more than $6 million. Rankings are determined by “Trump Points,” which reward token...
Strategy Set for Second-Biggest Bitcoin Buying Quarter Despite BTC Price Slide
MicroStrategy (MSTR) is on track for its second‑largest quarterly Bitcoin purchase, having accumulated 89,618 BTC in Q1 2026, raising its total holdings to 761,068 BTC. The buying pace continues despite Bitcoin’s price falling about 20% from recent highs. Only the fourth quarter...
Why CoinDesk PitchFest Matters Heading Into Miami
CoinDesk PitchFest, a showcase within the Consensus conference, provides early‑stage Web3 founders structured exposure to leading investors and operators. Recent cohorts such as Rise, TransCrypts and zkMe leveraged the platform to secure seed funding and expand product capabilities. The upcoming...
Coinbase Introduces Stock Perpetual Futures Contracts for non-U.S. Customers
Coinbase has launched perpetual stock futures for eligible non‑U.S. retail and institutional clients, expanding its derivatives suite into U.S. equities. The contracts cover the Magnificent 7 stocks and ETFs such as SPY and QQQ, trade 24/7, and settle in USDC. Leverage...
SEC Approves Nasdaq's Move to Support Tokenized Securities Trading
The U.S. Securities and Exchange Commission approved Nasdaq’s proposal to let selected securities trade as blockchain‑based tokens, creating a pilot that integrates tokenized shares into the existing equity market. Eligible participants can settle trades on a distributed ledger while retaining...
Bitcoin Sinks Below $71,000, Stocks Close at Session Lows, as 2026 Fed Rate Cut Hopes Fade Further
Federal Reserve Chair Jerome Powell warned that rising oil prices are feeding into the inflation outlook, prompting the Fed to lift its 2026 inflation projection to 2.7% from 2.4%. While rates were held steady, the comment dampened hopes for a...
Polymarket Acquires Brahma to Scale Blockchain Trading Infrastructure
Polymarket announced the acquisition of Brahma, a DeFi infrastructure firm that built real‑time execution and settlement systems for high‑volume digital‑asset transactions. The terms were not disclosed, and Brahma’s existing products will be retired within 30 days as its team and...
