Crypto

Several prominent figures in the crypto industry have pushed back against Boris Johnson after he described Bitcoin as a Ponzi scheme. The post Crypto Leaders Push Back After Boris Johnson Calls Bitcoin a Ponzi appeared first on Cryptonews.

Meanwhile, PI continues to lose value daily, dropping below $0.20 despite the Pi Day celebration.

Bitcoin was (again) called dead six years ago during the COVID-19 flash crash and it's now lightyears ahead. Do you see any resemblance with the current landscape?

Regulatory uncertainty around stablecoins may disadvantage banks, as crypto firms continue expanding while financial institutions wait for clearer rules. Regulatory uncertainty around stablecoins could place traditional banks at a greater disadvantage than crypto companies, according to Colin Butler, executive vice president of capital markets at Mega Matrix. Butler said financial institutions have already invested heavily in digital asset infrastructure but remain unable to deploy it fully while lawmakers debate how stablecoins should be classified. “Their general counsels are telling their boards that you cannot justify the capital expenditure until you know whether stablecoins will be treated as deposits, securities, or a distinct payment instrument,” he told Cointelegraph. Several major banks have already developed parts of the infrastructure needed to support stablecoins. JPMorgan developed its Onyx blockchain payments network, BNY Mellon launched digital asset custody services, and Citigroup has tested ...

Only a few crypto tokens will experience price rallies and asymmetric upside, while broad altcoin market rallies are a thing of the past. Traditional altcoin cycles, which featured broad market rallies called “altseason,” are now a relic of the past as new crypto market dynamics set in, according to Andrei Grachev, Managing Partner of DWF Labs, a crypto market maker and investment firm. Too many tokens competing for limited capital and mindshare, a smaller number of market participants, and crypto exchange-traded funds (ETFs) altering market dynamics by trapping liquidity are driving factors of the disruption, Grachev told Cointelegraph. An institutional focus on large-cap digital assets like Bitcoin (BTC), Ether (ETH) and tokenized real-world assets (RWAs) is also diverting capital and attention away from altcoins, he said. Read more

DC Blockchain Summit vs Dubai: Regulatory Divergence The post DC Blockchain Summit Pushes On as Dubai Crypto Events Fall to Iran War appeared first on Cryptonews.

Large Bitcoin holders have started accumulating again as the cryptocurrency trades near the $71,000 level, according to Santiment. The post Large Bitcoin Wallets Resume Accumulation as BTC Holds $71K: Santiment appeared first on Cryptonews.

The proposed US CLARITY Act, a bill intended to establish clearer rules for digital asset markets, may struggle to pass this year unless it advances quickly through Congress. The post CLARITY Act Faces Slim Odds in 2026 Without April Committee Move: Galaxy Exec appeared first on Cryptonews.

The project's co-founders celebrated with new product releases and promises in a video on X.

The Ethereum Foundation completed a $10.2 million OTC sale of 5,000 ETH to BitMine as part of its treasury management strategy to fund operations and ecosystem development. The Ethereum Foundation has finalized an over-the-counter (OTC) sale of 5,000 Ether to BitMine Immersion Technologies, a transaction worth about $10.2 million based on the agreed price of $2,042.96 per ETH. In a Saturday post on X, the foundation said proceeds from the sale will support core operations, including protocol research and development, ecosystem growth initiatives and community grant programs. The onchain transfer will originate from an Ethereum Foundation Safe multisignature wallet. BitMine, a publicly traded company on the NYSE American under the ticker BMNR, has emerged as one of the largest corporate holders of Ether (ETH). Chaired by Fundstrat co-founder Tom Lee, the firm holds more than 4.5 million ETH worth roughly $9.3 billion, according to industry treasury trackers. Read more

Santiment says the recent uptick in Bitcoin whale accumulation is a "positive reversal," and the platform is watching for retail selling to confirm a potential market bottom. Large Bitcoin wallets are increasing their holdings again as the asset’s price holds around $71,000, according to crypto sentiment platform Santiment. “Their recent shift to accumulation is a bullish signal,” Santiment said in a report on Saturday, referring to wallets holding between 10 and 10,000 Bitcoin (BTC). “This is a positive reversal,” Santiment added. Santiment data shows wallets holding 10 to 10,000 Bitcoin (BTC) now control 68.17% of Bitcoin’s total supply, up from 68.07% seven days earlier. Read more

Each escalation in the Iran conflict has been larger than the last, but each bitcoin drawdown has been getting smaller.

While many in the industry believe stablecoin rewards are the only sticking point for the US CLARITY Act, a Galaxy digital executive said more obstacles could appear. The US CLARITY Act, which aims to bring greater regulatory clarity to the crypto industry, may have little chance of passing this year if it doesn’t move forward within the next seven weeks, according to a crypto executive. “If CLARITY doesn't pass committee by the end of April, odds of passage in 2026 become extremely low,” Galaxy Digital head of firmwide research Alex Thorn said in an X post on Saturday. “This needs to hit the Senate floor by early May... floor time is running out, and odds diminish every day that passes,” Thorn said. It comes after US Senate Majority Leader John Thune said he doesn’t expect the chamber to act on the digital asset market structure legislation before April, as it will prioritize the SAVE America Act, which would require voters to provide proof of US citizenship in person to register. Read more

Less than 1% of Australian crypto transactions were tied to illicit actors, even as the such entities in the country processed $50 billion in one year.

Banks seek to deploy capital in the most efficient way possible, but capital rules under the Basel III framework make crypto holdings costly. The Basel III rules, which govern bank capital requirements, are set to be updated in 2026, and if Bitcoin (BTC) receives a lower risk rating in the revised rules, it could potentially trigger a “huge” influx of liquidity into BTC, according to market analyst Nic Puckrin. Under the current Basel rules, BTC and similar digital assets are given a 1,250% risk weight, meaning banks must hold reserve assets at a 1:1 ratio to back any Bitcoin held on their balance sheets, Puckrin said. These restrictive capital requirements make it “almost impossible” for banks to hold BTC or offer BTC-related services, he added. He said: Read more

The Vienna-based crypto broker eyes emerging markets, teaming up with institutions rather than competing with local exchanges, said Vishal Sacheendran, VP of global markets strategy and operations.

Crypto losses fell to $49M in February, but attackers are shifting toward phishing and user manipulation, says Nominis.

February’s CPI report gave markets a reason to relax. Inflation looked soft enough to keep hopes for rate cuts alive, with consumer prices up 0.3% on the month and 2.4% from a year earlier, while core CPI rose 0.2% in the month and 2.5% annually. Shelter kept cooling, and the overall picture looked manageable for […] The post The latest US inflation report looked like good news — next week may change that appeared first on CryptoSlate.

The Ethereum Foundation said Saturday that it sold 5,000 ETH for approximately $10.2 million to Tom Lee's BitMine Immersion Technologies.

Cardano’s founder recently made an argument about hyperscalers that needs to be addressed, says Fan.