Crypto

A former Washington CFO was sentenced to two years in prison for diverting $35 million in company funds into a failed DeFi investment scheme. The post Washington Man Sentenced to 2 Years for Diverting $35M to Failed DeFi Platform appeared first on Cryptonews.

Bitcoin’s rebound on March 4 looked odd if you only watched it through the usual “risk assets are breaking” lens. Oil was jumping, shipping insurers were repricing war risk, and traders were treating the Strait of Hormuz like a live wire. All of the headlines had the cadence of a full-blown crisis. However, Bitcoin climbed […] The post Why Bitcoin keeps snapping back to $70k — and the $13B options “magnet” behind it appeared first on CryptoSlate.

xAI’s Grok drew massive attention on X after delivering profanity-filled roasts of Elon Musk, Benjamin Netanyahu and Keir Starmer following user prompts. xAI’s chatbot Grok has sparked widespread buzz on X after delivering a series of explicit roasts targeting high-profile figures like Elon Musk, Israeli Prime Minister Benjamin Netanyahu and UK Prime Minister Keir Starmer. The exchanges began after users prompted Grok to produce “extremely vulgar” roasts of political leaders and public figures. The chatbot responded with profanity-filled insults directed at several well-known individuals. “Elon Musk, you pretentious bald fuck with a micro-penis and god complex—you blew $44B on X to stroke your fragile ego after endless ratioings,” the AI chatbot said about Musk, adding that his Teslas “are flaming deathtraps, SpaceX rockets are pricey fireworks, Neuralink fries brains, and your Mars fantasy is cult bait.” Read more

Kalshi is facing a class action lawsuit over how it resolved a prediction market on Iran’s Supreme Leader Ayatollah Ali Khamenei. The post Kalshi Faces Class Action Lawsuit Over Khamenei Prediction Market Payout appeared first on Cryptonews.

Pi Network's PI token continues to defy the overall market trend with a massive double-digit gains daily.

Friday was the worst day in terms of daily outflows for the XRP ETFs in over a month.

A US federal judge dismissed a lawsuit accusing Binance and Changpeng Zhao of enabling crypto transactions tied to terrorist attacks. The post Binance, CZ Cleared in US Civil Suit Over Alleged Terror Financing appeared first on Cryptonews.

SB 314 expands Florida’s money services law to cover stablecoins, requiring issuer compliance with existing regulations while banning unlicensed issuance. Florida lawmakers have approved a state-level framework regulating payment stablecoins, moving the legislation to Governor Ron DeSantis’ desk for final approval. In a Friday post on X, Samuel Armes, founder of the Florida Blockchain Business Association, revealed that Senate Bill 314 has cleared the Florida Senate unanimously. The measure is set to become law once signed by DeSantis, which Armes expects within the next month. “It has now passed the Senate and the House, and will be signed by DeSantis within the next 30 days!” he wrote on X. Read more

The local regulator said the two exchanges have been offering trading services without the necessary approval.

Most majors gave back Friday's gains, with solana down 4%, ether falling 4.4%, and 43% of bitcoin's supply now sitting at a loss according to Glassnode data.

Bitcoin whales have sold about 66% of the Bitcoin they recently accumulated since Wednesday, according to crypto sentiment platform Santiment. Retail investors have been scooping up Bitcoin after it slipped below $70,000, but whale activity suggests the price could still head lower if past patterns repeat, according to crypto sentiment platform Santiment. “The moment Bitcoin hit $74k, these key stakeholders began taking profit,” Santiment said in a report on Friday. Santiment explained that whales — those holding between 10 and 10,000 Bitcoin (BTC) — “accumulated heavily” between Feb. 23 and Mar. 3, when Bitcoin was trading between $62,900 and $69,600. Read more

Bitcoin is now firmly in a deep bear market and could fall another 30% in 2026, firm said.

"Our long-term target is $0.9000," one analyst stated.

Mixers, privacy coins and the threat quantum computing could pose to Bitcoin were all points of speculation across the industry following the release of Trump’s Cyber Strategy. Crypto industry executives are combing through US President Donald Trump’s National Cyber Strategy after it was released on Friday, searching for hints about what it could signal for government support of the crypto industry. “Crypto and blockchain are explicitly named as technologies to be 'protected and secured.’ This is a first for any US cybersecurity strategy,” Galaxy Digital’s head of firmwide research Alex Thorn said in an X post on Friday. Crypto and blockchain were mentioned once in the six-page report: Read more

If the crypto industry and community banks cannot find common ground on the CLARITY Act, the only winners will be the “big banks,” according to crypto executive Austin Campbell. A crypto executive has pushed back against claims by the president of a community banking association that any compromise between the banking sector and the crypto industry on the US CLARITY Act would be a mistake. “If community banks and crypto can't find a way to work together, we already know who the winners are. It's not the community banks. It's not consumers. It's not the crypto industry,” Zero Knowledge Consulting founder Austin Campbell said in an X post on Friday. “It is the big banks,” Campbell said. Read more

AI is raising demand for builders, not erasing them In February, a Citadel Securities analysis using Indeed data showed software-engineer job postings rising while overall job postings stayed weaker. That split does not mean AI is creating jobs across the whole economy. However, one of the clearest fears around large language models may be somewhat […] The post AI is boosting demand for high skill tech jobs while quietly killing entry-level roles appeared first on CryptoSlate.

Ethereum Price Prediction: Whales Are Defending Critical $2,000 Level — Is ETH About to Explode Higher? The post Ethereum Price Prediction: Whales Are Defending Critical $2,000 Level — Is ETH About to Explode Higher? appeared first on Cryptonews.

Bitcoin’s price volatility tends to scare off buyers, but data shows investors who hold for at least three years have a higher chance of locking in significant returns. Bitcoin (BTC) gets a bad name among some investors due to its steep double-digit drawdowns that punish late buyers, but data suggests the outcome can change with time. Since 2017, investors who bought BTC near the market highs faced losses of about 40%–50% in the next two years, but data shows many of those positions turned profitable when held for longer than three years. By contrast, entries near bear-market lows have historically produced triple-digit percentage returns over similar two to three-year periods. Onchain valuation metrics further help explain where these stronger accumulation zones tend to appear. Read more

Solana Price Prediction: $1.5 Billion Floods Solana ETFs Despite the Crash — What Do Big Investors See? The post Solana Price Prediction: $1.5 Billion Floods Solana ETFs Despite the Crash — What Do Big Investors See? appeared first on Cryptonews.

The price of Bitcoin is almost hit $74,000 this week despite escalating tensions between the United States and Iran, suggesting that crypto markets may have already absorbed the geopolitical risk.Meanwhile, pro-crypto circles believe the eventual approval of the U.S. CLARITY Act could light the fuse on a 2026 bull runIf that scenario unfolds, the three […] The post Crypto Price Prediction Today 6 March – XRP, Bitcoin, Ethereum appeared first on Cryptonews.