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While the US hosts 38% of Bitcoin’s hashrate, 97% of mining machines are made by two Chinese companies, according to a Bitcoin policy advocate. Two US Republican senators have introduced the “Mined in America Act” in an attempt to bring more Bitcoin mining manufacturing back to the US and codify US President Donald Trump’s executive order to establish a Strategic Bitcoin Reserve. Introduced by US Senators Bill Cassidy and Cynthia Lummis on Monday, the new bill seeks to create a voluntary “Mined in America” certification for crypto mining facilities and mining pools. Certified facilities would be required to phase out mining equipment manufactured by companies tied to “foreign adversaries,” and support the domestic manufacturing of mining hardware. “Digital asset mining is a big part of our economy. We should be doing it here in America,” Cassidy said in a statement on Monday. Read more
A notable bid-ask imbalance for Bitcoin exists near $66,000, possibly raising the chance for a relief rally to $71,000. Bitcoin (BTC) data flashed a rare bid-side imbalance when it traded below $65,000 on Sunday. The bid-ask ratio showed strong buying pressure across multiple depth levels, which may have confirmed a short-term bottom for BTC price. With more than $1.6 billion in short leveraged positions at risk of liquidation near $71,000, the setup centers on the possibility of a relief rally if BTC can hold above $66,700 on the daily chart. Data from Hyblock captured a sharp bid-side skew near $65,000 on Sunday. The imbalance ranked in the 99th percentile across the 1%, 2%, 5% and 10% orderbook depth, marking one of the strongest buying responses in recent weeks. Read more
Polymarket pundits are giving just a 15% chance that Bitcoin will reclaim $120,000 in 2026, while veteran trader Peter Brandt said he doesn't expect a new high until Q2 2027. It could be more than a year before Bitcoin regains its all-time high of $126,100, recorded in October last year, according to veteran trader Peter Brandt. “I do not see a new price high in 2026,” Brandt told Cointelegraph. “Not until maybe the second quarter of 2027,” he said, though he also acknowledged that “this is all guesswork.” Pundits on the crypto prediction platform Polymarket are similarly pessimistic, giving just a 15% chance that Bitcoin will reclaim $120,000 in 2026. Read more
Bitcoin and altcoins sold off as the Monday US market open reflected traders’ fear over oil prices, US employment data and the future of the US and Israel-Iran war. Key points: Bitcoin’s recovery is expected to face selling near $69,000, but if the bulls prevail, a rally to $74,508 is possible. Most major altcoins remain below their resistance levels, indicating that the bears continue to exert pressure. Read more
CFTC Chair Michael Selig signaled that the agency would defer to the football league in calling for changes to event contracts that could be manipulated by a single person. The National Football League (NFL) has reportedly sent letters to Kalshi, Polymarket and other prediction market platforms in an effort to block the companies from offering trades on football events that can be easily manipulated or determined in advance. According to a Monday ESPN report, the letters to the prediction market companies said that the NFL objected to certain types of event contracts offered on the platforms, including those that could be easily manipulated by a single person — such as an announcer’s words, player signings, coach firings and bets related to injuries on the field. League executive vice president Jeff Miller reportedly said the letter followed talks with the US Commodity Futures Trading Commission (CFTC). “When a league raises manipulation concerns about a contract proposed to be listed on a prediction market...
A $53 million Bitcoin short position from a trader on Hyperliquid DEX could be a sign that pro traders expect BTC downside this week. Key takeaways: A Hyperliquid whale’s $53 million Bitcoin short and its bets against silver suggest a cautious outlook for global markets. Traders remain on edge as the US and Israel-Iran war and upcoming US jobs data drive risk-averse behavior this week. Read more
Rolling out over the coming month, a Block executive said Bitcoin payments at point-of-sale will be automatically enabled and settled in US dollars by default. Square, the payments platform of Block, has begun rolling out Bitcoin payments at its point-of-sale terminals for eligible US sellers, with the automatic feature going live today as part of a phased rollout over the coming month. The announcement was shared Monday in a post on X by Miles Suter, Bitcoin product lead at Block, and reposted by CEO and longtime Bitcoiner Jack Dorsey. Suter said the feature is designed to make it easier for “millions of businesses” to accept Bitcoin, adding that eligible US sellers will have payments automatically enabled and will receive US dollars by default when customers pay in Bitcoin (BTC). Merchants will also have the option to automatically “stack” Bitcoin from daily sales. Read more
JPMorgan’s Kinexys network is gaining traction among corporations as blockchain-based payment rails scale toward $10 billion in daily transaction volume. Mitsubishi Corporation plans to use a blockchain-based payment system developed by JPMorgan Chase to move funds across its global operations, signaling continued adoption of blockchain infrastructure within traditional finance. The system is part of JPMorgan’s blockchain network, known as Kinexys, which enables near-instant fund transfers, reduces reliance on traditional banking and operates around the clock, according to a report by Nikkei. JPMorgan is seeking to scale the platform to $10 billion in daily transactions from the current average of $7 billion. Kinexys has processed more than $3 trillion in cumulative volume since launching in 2020, highlighting growing institutional demand for blockchain-based settlement systems. Read more
Ahead of the November midterm elections, backers are lining up behind a new hybrid political action committee that allows contributions directly to candidates. Update (March 30 at 9:25 pm UTC): This article has been updated to include a response from Anchorage Digital in the third paragraph. Seven months ahead of the November midterm elections, Chainlink Labs and Anchorage Digital announced that they were the founding contributors to a political action committee (PAC) “to support candidates working to advance digital asset and blockchain policy in the United States.” In a Monday announcement, the two crypto companies said they were supporting the Blockchain Leadership Fund, a hybrid PAC that allows contributions directly to candidates as well as independent expenditures, such as media buys. Read more
Onchain data shows inflows to accumulation addresses topping 67,000 BTC, while total outflows from Bitcoin miners fell to levels not seen since 2024. Bitcoin (BTC) demand from long-term holders increased by 48.5% over the past seven days. This rise in accumulation coincided with a sharp decline in Bitcoin miners’ selling activity, as the Miners’ Position Index (MPI) dropped to levels last seen in 2024. The development highlights a phase where long-term participants are steadily absorbing Bitcoin, while selling from the miners continues to decrease. CryptoQuant data shows that the demand from accumulator addresses lifted holdings to roughly 205,000 BTC on March 30 from 138,000 BTC on March 23. The increase follows a drawdown from a March peak near 210,000 BTC, marking a renewed phase of demand from long-term participants. Read more
In a Cointelegraph interview, Ran Neuner ponders Bitcoin’s identity crisis, market risks and the growing impact of macro trends. In this Cointelegraph interview, Ran Neuner, a longtime voice in the crypto space, openly questions Bitcoin’s core narrative— as he admits he struggles to answer one simple question: why should people buy it? “I don’t know how to answer that question. That’s the problem.” Once pitched as peer-to-peer money and later reframed as digital gold, Bitcoin’s identity has become harder to define in practice, he argues, especially after failing to move in tandem with traditional store-of-value assets like gold in the last cycle. Read more
For the first time in 13 weeks, the biggest public Bitcoin treasury company skipped a weekly purchase of the cryptocurrency without any word from Michael Saylor. Strategy, the largest public Bitcoin (BTC) treasury company, reported no additional purchases of the cryptocurrency last week as many entities are pivoting into alternative methods for revenue. In a Monday filing with the US Securities and Exchange Commission (SEC), Michael Saylor-led Strategy reported that it did not purchase any Bitcoin between March 23 and March 29, nor did the company sell any shares. Strategy reported holding 762,099 BTC as of Sunday, worth more than $51 billion at the time of publication. Typically, Strategy funds its BTC purchases through the sale of its common stock. However, the company reported it “did not sell any shares under its at-the-market offering program and did not purchase any Bitcoin.” Read more
The platform aims to help businesses issue stablecoin-funded cards is aimed at using digital dollar balances at the point of sale using existing card networks. Global payments infrastructure provider Nium has launched a platform that allows businesses to issue stablecoin-funded cards through Visa and Mastercard, in the latest development enabling digital dollar balances to be spent at merchants using existing card networks. Nium said the system converts stablecoin balances into fiat at the point of sale and handles settlement, compliance and card network integration through a single integration. The tech company said it expects to be able to shorten the time required to launch stablecoin card programs from months to days by consolidating conversion, settlement and compliance into a single integration layer. Read more
BitGo broadens its Canton Coin offering beyond custody, reflecting efforts to build end-to-end infrastructure as tokenized assets move closer to real-world use cases. Digital asset infrastructure provider BitGo has expanded support for Canton Coin, adding trading and settlement services to its existing custody offering, in a move that aligns with a wider industry push to develop trading and settlement rails for tokenized financial assets. In a Monday announcement, BitGo said it has become one of the first US-based regulated providers to offer custody, over-the-counter (OTC) trading and settlement for Canton Coin within a single platform, although similar bundled services have begun emerging across the digital asset sector. BitGo initially began supporting the asset in October through custody services, allowing institutions to hold Canton Coin with a qualified custodian. Read more
Technical indicators hinted at a possible reversal in XRP’s price, as traders watch whether key support levels can hold. XRP (XRP) price has been sealed in an eight-month downtrend, with the momentum indicators and the XRP/BTC ratio at levels that previously marked cycle bottoms. Key takeaways: XRP price trades at $1.35 on Monday as multiple indicators hint at a cycle bottom. Read more
AI music licensing breaks on remixes and ownership. Blockchains embed smart contract royalties and provenance, automating creator compensation at scale. Opinion by: Dzmitry Saksonau, CEO of JGGL. The music industry recently closed one of its most consequential eras in decades. Warner Music settled its copyright lawsuit with Udio in November 2025 and signed a licensing deal for a new AI music platform. Days later, Warner struck a similar agreement with Suno, the most popular AI music generator, with over 100 million users and a $2.45-billion valuation. All three major labels now have licensing agreements with the AI platforms they sued just a year ago. Read more
Tokenization startup Midas's Series A round was led by RRE and Creandum to scale an “instant liquidity layer” for onchain yield products. Midas has raised a $50 million Series A round to build what it describes as an “instant liquidity layer” for tokenized assets, according to a company blog post on Monday. The round was led by RRE and Creandum, with participation from Framework Ventures, Franklin Templeton and Coinbase Ventures. The German tokenization startup says the funding will be used to scale what it calls its Open Liquidity Architecture, anchored by a Midas Staked Liquidity (MSL) facility designed to enable instant, atomic redemptions for tokenized assets without settlement risk or reliance on external market makers. The raise comes as crypto venture funding rebounds unevenly. Total crypto fundraising climbed nearly 50% year-on-year between March 2025 and March 2026, according to Messari data. The number of individual deals fell, yet venture capital concentrated larger checks into fewer projects. Read...
Bitcoin continued to surprise some analysts as it held the lower end of its local range despite fresh Iran pressure on macro markets. Bitcoin (BTC) cooled its modest rebound at Monday’s Wall Street open as oil stayed above $100 per barrel. Key points: Bitcoin preserves a rebound from its lowest levels of March so far. Read more
Yields for five-year US Treasury bonds are up 4%, putting a damper on Bitcoin price, which has ended the month much where it started. This month, Bitcoin’s hashrate fell 6% after the US and Israel attacked Iran, highlighting Iran’s significant crypto mining activity. Bitcoin price, meanwhile, remains lackluster. Higher 4% yields on US Treasury bonds have added pressure, and investors are seeking less risky prospects amid geopolitical tension. Less appetite for crypto trading has proven problematic for Robinhood. The trading platform’s stock is down 16% on the month, and leadership has announced a stock buyback program. Read more8791 items