Crypto

Bitcoin is heading into the weekend with broken near-term structure, elevated macro pressure, and a political catalyst that now sits close to the center of the market’s risk map. The technical setup has deteriorated in steps over the past two weeks. The macro backdrop has stayed tight as Treasury yields press higher and Middle East […] The post Bitcoin price is heading for weekend collapse to $61k – will a social media post from Trump save it? appeared first on CryptoSlate.

This development opens the doors for Cardano users to initiate trustless transactions involving BTC and ADA, with low gas fees and no custody risks.

Intercontinental Exchange, the firm behind the New York Stock Exchange, invested a total of $1.6 billion into prediction market Polymarket.

The bill proposes exempting dollar-pegged stablecoins from gains or losses if the tokens remain tightly pegged to the underlying fiat currency. US Representatives Max Miller and Steven Horsford published a discussion draft bill on Thursday titled the ‘‘Digital Asset Protection, Accountability, Regulation, Innovation, Taxation, and Yields Act’’ or the ‘‘Digital Asset PARITY Act,” to overhaul the tax code for digital assets. The Digital Asset PARITY Act seeks to overhaul the Internal Revenue Code of 1986 by adding provisions that would clarify the tax treatment of digital assets. The legislation said that stablecoins are not subject to gains if the cost basis, or the amount paid by the investor, does not fluctuate by more than 1% of $1 or $0.01, according to the discussion draft.  Read more

Bitcoin fell to its lowest price since March 2 on Friday as major crypto-related stocks like Strategy and BitMine suffered tougher losses.

While prediction market platforms are under legal scrutiny in the US, many Coinbase users are claiming that the app is pushing them to gamble. Update (March 27 at 8:32 pm in UTC): This article has been updated to include a statement from Coinbase CEO Brian Armstrong. Negative reactions to cryptocurrency exchange Coinbase using its notifications to push bets on event contracts amid the March Madness basketball tournament range from “annoying” to “absurd.” In January, Coinbase rolled out prediction market bets for US-based users as part of a partnership with Kalshi. However, for some users, the last two months have been seen as an opportunity for the exchange to get people “hooked on sports gambling” using an app that many had devoted to crypto trading. Read more

California Governor Gavin Newsom signed an executive order Friday to ban public officials from using inside info on prediction markets.

David Sacks leaves office with wins for crypto infrastructure, while Bitcoin holders are still waiting David Sacks is out of the formal White House crypto czar role after exhausting the 130-day limit attached to his special government employee status. The change closes the clearest window for a scorecard. The record is substantial, yet it falls […] The post White House crypto czar leaves office after securing crypto wins for banks and institutions instead of Bitcoin appeared first on CryptoSlate.

The credit card giant’s pricey payment to buy stablecoin platform, BVNK, says more than any strategy deck or earnings call ever could.

When OI climbs while the CVD falls, it typically means new short positions are driving activity rather than fresh bullish bets.

The verifiable data platform is marking its one-year anniversary, with plans to double down on AI and onchain finance.

The Friday plunge fits into a pattern since the war in Iran broke out, with gains on Monday turning into losses by the end of the week.

Cathie Wood's Ark Invest sold big chunks of its positions in American tech stocks and its own Bitcoin ETF as stocks and crypto slide.

Ether traders said ETH price could see further downside after bulls failed to defend the $2,000 support as signs of declining demand were apparent. Ether’s (ETH) drop below the $2,000 on Friday put it at risk of a deeper correction in the coming weeks or months. Key takeaways: Ether’s price shows structural weakness as it fails to hold above the $2,000 psychological support. Read more

The penalty follows Binance’s admission that 524 retail investors lost $6 million trading high-risk derivatives without required protections.

Crypto cycles trap retail in speculation. Savings layers with capital preservation and prize incentives rewrite participation for consistent gains. Opinion by: Ilya Tarutov, founder of Tramplin Crypto hasn’t struggled because the technology was flawed. Instead, it faltered as a result of the incentive structures the industry created, which have quietly turned it into something that works against the very people it was supposed to serve. Since 2017, every crypto market cycle has followed the same pattern. Each cycle started with excitement, followed by retail inflows, a velocity trap and catastrophic drawdowns, and ended in an erosion of trust that takes months, if not years, to rebuild. Each cycle begins with optimism, peaks at overconfidence and concludes with panic and despair. Read more

Tomorrow will mark the first month since the war against Iran began, but there's no evident conclusion in sight.

Bitcoin is moving deeper into US household finance as homebuyers squeezed by high borrowing costs and limited supply look for new ways to fund a down payment without selling their digital assets. On March 26, Better Home & Finance and Coinbase launched a structure that lets eligible borrowers pledge Bitcoin or USD Coin (USDC) stablecoin […] The post Homebuyers can now borrow against Bitcoin to get a mortgage without selling or liquidation risk appeared first on CryptoSlate.

Bitcoin joined a risk-asset rout as oil-supply nerves sparked major US inflation warnings, with $70,000 in place as new BTC price resistance. Bitcoin (BTC) neared $66,000 at Friday’s Wall Street open as analysis called US inflation trends “objectively unsustainable.” Key points: Bitcoin drops further on oil-supply woes as Iran closes the Strait of Hormuz. Read more

ICE completed a new $600 million investment in Polymarket, advancing its $2 billion funding deal as prediction markets face growing scrutiny. Intercontinental Exchange (ICE), the parent of the New York Stock Exchange (NYSE), said Friday it completed a new $600 million direct cash investment in Polymarket, deepening its bet on prediction markets as a new area of growth for exchange operators. The company also said it expects to purchase up to $40 million of Polymarket securities from existing holders, adding to its previously announced investment commitment made in October 2025. In that earlier deal, ICE said it would invest up to $2 billion in Polymarket, marking one of the largest institutional moves into the prediction market sector. The latest transaction advances that arrangement, though terms for the new investment, including valuation, were not disclosed. Read more