At current prices of ether and LDO, which are both in the slumps, the buyback could absorb around 8.5% of LDO's circulating supply.
Congress has introduced the Digital Asset PARITY Act, a bipartisan discussion draft introduced by Reps. Steven Horsford and Max Miller, who would rewrite Section 1091 to cover “specified assets.” The category explicitly includes actively traded digital assets and their derivatives, and carves out a narrow class of regulated payment stablecoins from routine gain-or-loss recognition. The […]
The post Congress proposes removal of widely used Bitcoin tax loophole and giving it to regulated stablecoins appeared first on CryptoSlate.
A massive token unlock scheduled for late July could make things worse. Related Reading: Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold Thailand authorities raided an iris-scanning site tied to Sam Altman’s World project last October. That was trouble enough. Now the foundation behind the biometric identity platform is selling its own token at a fraction of what investors paid less than a year ago — and the market is not taking it well. World Foundation disclosed Saturday that its token issuance arm, World Assets, completed an over-the-counter sale of WLD tokens worth $65 million, spread across four buyers over the past week. The first batch settled on March 20. Based on an average sale price of roughly $0.27 per token, the deal involved around 239 million WLD changing hands. A 76% Drop From Last Year’s Deal Price The numbers tell the story. In May 2024, World raised $135 million at approximately $1.13 per token from backers including Andreessen Horowitz and Bain Capital Crypto. 1/ World Assets, Ltd. has now closed a series of OTC sales for a total of $65,000,000 with four counterparties over the past week, the first of which settled on March 20, 2026. — World Foundation (@worldcoinfnd) March 28, 2026 This latest sale went out the door at $0.27 — a 76% drop from that round. The foundation said the proceeds will fund core operations, research and development, orb manufacturing, and ecosystem work. 2/ The sale was conducted at an average price of ~$0.2719/WLD. $25,000,000 worth of the tokens sold are subject to a 6-month lockup period. — World Foundation (@worldcoinfnd) March 28, 2026 Not all the tokens sold are locked up. Of the $65 million total, only $25 million worth carry a six-month lockup period. The rest were immediately available to trade, meaning buyers could move those tokens on the open market right away. 3/ This sale funds the project’s core operations and activities, R&D, orb manufacturing, ecosystem development, and more. — World Foundation (@worldcoinfnd) March 28, 2026 WLD briefly touched an all-time low of $0.24 after the sale was announced before clawing back to around $0.27. At that price, the token sits roughly 97% below its peak of $11.82 recorded in March 2024. According to Coingecko data, WLD was trading at $0.2725 as of the latest reading, up just 0.27% over a 24-hour period. Another Wave Of Supply Approaching The pain may not be over. Data from DefiLlama shows a major community token unlock is set for July 23, covering about 52% of WLD’s total supply of 10 billion tokens. That kind of release typically adds selling pressure — and it arrives at a time when the token is already near its lowest point ever. World’s regulatory problems have also followed the project across borders. Authorities in Indonesia suspended World ID registration over compliance concerns. Brazil banned the platform’s eye-scanning operation. Germany opened its own inquiry. Kenya pushed back hard on data privacy grounds. Related Reading: Ethereum Sets User Record As Price Lags Far Behind Network Growth Regulatory Heat Keeps Building The Thailand raid added another entry to that list. Officials there, working through the Securities and Exchange Commission alongside the Cyber Crime Investigation Bureau, said the iris-scanning service may have operated without the required license. Arrests were made and an investigation remains open. Featured image from Pixabay, chart from TradingView
StraitsX, a Singapore-based company, has seen rapid growth in its stablecoin card program, with a 40x surge in transaction volume and an 83x increase in card issuance between 2024 and 2025.
The bill follows years of warnings from Canada's election watchdog and comes one day after the U.K. announced a moratorium on political crypto donations.
The company seemed to have skipped it's weekly bitcoin purchase announcement for the first time since late december.
Cardano (ADA) price is approaching a crucial support zone near $0.237 after facing a sharp rejection from the $0.275 level earlier this week. The decline comes amid broader market weakness, as rising geopolitical tensions in the Middle East and surging oil prices above $100 have pushed investors away from risk assets like cryptos. While the …
The crypto and banking industries saw Senators Alsobrooks and Tillis' agreement-in-principle for stablecoin yield.
Marco Rubio sat down with G7 foreign ministers and told them privately that the war with Iran could continue another two to four weeks, handing Washington's closest allies and the market a countdown. Reports noted that Rubio publicly said the operation should conclude in “weeks, not months,” and the gap between those two framings captures […]
The post Bitcoin drops as Rubio privately signals Iran war may last weeks, locking in high oil prices appeared first on CryptoSlate.
The latest list of tokens available on the WeChat wanna-be includes Polygon, Arbitrum and Solana as the banking app looks to align offerings with customer use.
Historically, spikes in Bitfinex BTC/USD longs have acted as a contrary indicator.
Joao Wedson, popular market analyst and founder of analytics platform Alphractal, has shared a cautionary insight on the Bitcoin market involving potential developments with the Binance exchange reserves. Related Reading: Bitcoin Faces Familiar Crossroads As Midterm Cycle Turns Bearish: Analyst Binance BTC Reserves In Danger – Possible Deep Bear Market? The Bitcoin market has remained in a bear phase for the last six months, marked by geopolitical tensions and macro uncertainties. During this time, the premier cryptocurrency has struggled to establish any sustained uptrend while constantly absorbing waves of corrective price action. In the most recent wave, Bitcoin prices returned to around $65,000, resulting in a net loss of 5.14% in the last seven days. Since then, the market has experienced a small range consolidation and presently trades around $66,000. According to Joao Wedson, this recent decline brings Bitcoin closer to a key support level, i.e., Binance Reserve Realized Price, which represents the average cost basis of BTC coins held on the exchange. Notably, this metric presently stands at $60,490, which is a mere 9% from present price levels. A drop below this threshold would push a significant portion of Binance-held supply into unrealized losses, potentially weakening market sentiment and increasing the risk of sell pressure, especially given Binance’s position as the world’s largest crypto exchange. Wedson notes the postulated situation had occurred in the 2022 bear market, during which the exchange’s reserve held unrealized losses for months. General historical trend recognizes Binance Reserve Realized price as a key support level, loss of which would expose the bear market to lower price levels and deepen broader losses. In this case, the initial support target is at $54,000, which represents the general realized price level. However, significant chances of lower levels remain as Bitcoin has previously experienced bear market corrections ranging between 70%-80% from the cycle peak. For context, present levels are only 52% away from the current all-time high at $126,100. Related Reading: Binance Users Register Record Gold Futures Trading Activity – What This Means Bitcoin Price Overview At the time of writing, Bitcoin is trading at $66,681, posting a modest 1.01% gain over the past 24 hours, though still down 1.2% on the monthly timeframe. Looking ahead, Coincodex analysts’ projections point to a potential upside, with forecasts placing BTC at $74,187 within the next five days and around $72,426 over the next one. If realized, this would signal renewed bullish momentum and a possible shift in market sentiment. Featured image from iStock, chart from Tradingview
The Dogecoin price has been capped below a crucial resistance range since February, which has dropped by more than 6% in the past few days. The price is down by 3.43% to $0.0904, significantly underperforming a slightly weaker broader market, primarily driven by derivatives-led selling pressure. In the meantime, the on-chain activity begins to rise, …
The proposed restriction on yield would shift value toward regulated players and away from decentralized finance' tokens, 10x Research's Markus Thielen said.
Developers from Gnosis and Zisk propose a framework to connect fragmented rollups, amid growing debate over Ethereum’s scaling model and interoperability challenges.
Middle East tensions have driven divergences across asset markets as oil stays elevated and traditional safe havens falter.
The Ethereum Foundation is co-funding the "easy" initiative, which was announced at EthCC in Cannes, and partners include Aave, Titan, Centrifuge, and more.
Institutional money has been pouring into Bitcoin at a scale that would have seemed far-fetched just a few years ago. Since the launch of Bitcoin exchange-traded funds, roughly $56 billion has flowed in from asset managers around the world — a shift that Bitmine CEO Tom Lee says is changing how serious investors think about protecting wealth. Related Reading: Ethereum Sets User Record As Price Lags Far Behind Network Growth Gold’s Track Record Under Scrutiny Speaking at the Futu Investment Exhibition, Lee made a pointed case against gold’s long-held reputation as the go-to inflation shield. Historical data, he said, shows gold has failed to keep pace with inflation about 48% of the time over the past 55 years. That’s a striking number for an asset millions of investors hold precisely because they believe it protects purchasing power. Gold prices have also taken a hit recently, dropping over 15% in the past week to trade around $4,493. Bitmine CEO:Bitcoin Beats Inflation 97% of the Time, Far Outperforming Gold Bitmine CEO Tom Lee stated the crypto winter is ending at the Futu Investment Exhibition. He believes Bitcoin is a better inflation hedge than gold, outperforming inflation 97% of the time since its… pic.twitter.com/H5LfaePnRe — Wu Blockchain (@WuBlockchain) March 27, 2026 Bitcoin, by contrast, has outperformed inflation 97% of the time since its creation in 2009, according to Lee. He pointed to the asset’s hard cap of 21 million coins as a key reason why. Supply cannot be expanded. No central bank can print more of it. That fixed ceiling, combined with rising demand from institutions, is what Lee says makes Bitcoin a stronger modern hedge than gold. “Many investors hold large amounts of gold for protection, but may be missing exposure to Bitcoin,” Lee said. Wall Street’s Growing Appetite The ETF numbers back up at least part of that argument. Billions of dollars have moved into Bitcoin-focused funds as major asset managers add the cryptocurrency to client portfolios. Reports indicate this trend has pushed Bitcoin further from its early reputation as a speculative bet and closer toward a mainstream financial instrument — the kind typically compared to commodities like gold or oil. Bitcoin was trading near $66,000 at the time of Lee’s remarks, though the price had slipped about 3.35% in the preceding 24 hours. Ethereum Gets A Mention Lee’s presentation didn’t stop at Bitcoin. He also flagged Ethereum as a potential infrastructure layer for Wall Street’s future, saying the blockchain could be used for tokenization, settlement, and broader financial operations. Related Reading: XRP Futures Market Keeps Resetting As Whales Accumulate Amid Mixed Signals Reports note that Lee sees growing connections between crypto networks and traditional finance — particularly as institutions look for faster, programmable ways to move and settle assets. Whether that vision plays out remains to be seen. But the flow of institutional capital into Bitcoin ETFs suggests that at least part of Wall Street is no longer treating crypto as an afterthought. Featured image from Unsplash, chart from TradingView
The project is designed to make Ethereum’s many layer 2s work together more seamlessly.
Bitcoin price continues to trade within a tight range near $66,700, showing limited momentum despite a slight 0.57% gain over the past 24 hours. While the broader crypto market remains relatively flat, BTC is holding key support levels, hinting at underlying demand. Beneath this muted price action, however, a high-stakes setup is quietly building. Recent …
Funding spikes and liquidations point to positioning build-up, with direction hinging on whether buyers can defend support.
Even the safest corners of the market can start to look uneasy when oil jumps, war drags on, and investors begin to wonder whether inflation is heading back in the wrong direction. That was the message we got from Tuesday’s sale of 2-year US Treasuries. These are short-term government bonds, and they're widely watched because […]
The post Is anywhere safe as Bitcoin weakens? Why even the 2-year Treasury is starting to crack appeared first on CryptoSlate.
The ecosystem's smaller tokens are acting as leveraged bets on TAO, with multiple subnet tokens posting 200-400% monthly gains.
Ethereum’s volatility has picked up notably since the start of the month, reflecting a market caught between recovery attempts and persistent selling pressure. After rallying through the first half, the ETH price faced a firm rejection near $2,372, triggering a sharp pullback that erased a chunk of recent gains. Since then, price action has shifted …
BNP Paribas' crypto ETNs could significantly boost retail investor access to digital assets, potentially reshaping France's financial landscape.
The post France’s largest bank to debut Bitcoin, Ether ETNs for French retail clients tomorrow appeared first on Crypto Briefing.
Bitcoin continues to move within the $66,000 range following the corrective wave that dominated the last trading week. The leading cryptocurrency remains in a bear market that began in October 2025, and has resulted in a 52% decline from the cycle’s all-time high so far. However, recent on-chain data is reflecting some positive developments that support a budding price recovery. Related Reading: Bitcoin Short-Term Holders Capitulate As 22K BTC Flow To Exchanges Bitcoin STH Realized Price Safe With No Market Overheating In their latest QuickTake post, the analytics page CryptoZeno shares that Bitcoin retains a constructive market structure even as intense volatility levels rock the market. This claim is backed by multiple data points, starting with the short-term holder (STH) realized price. For context, Bitcoin’s price continues to hold above this key psychological level, suggesting that many investors in this cohort remain profitable despite the recent price loss. Importantly, this observation suggests there is a decreased immediate selling pressure to support a long-term correction. Interestingly, the 7-day Spent Output Profit Ratio (SOPR) is presently valued around 1, presenting another observation that suggests investors are less willing to offload their holdings. While an SOPR of 1 indicates coins are being sold at a profit, a sustained SOPR above 1 during marked consolidations is associated with moderate profit-taking rather than a distribution spree. The 30-day exchange netflow represents the final data point, which has recorded a steady outflow in the past week. Generally, consistent withdrawal from exchanges aligns with accumulation activity, particularly by long-term investors. In particular, CryptoZeno likens the outflow levels to those experienced during early-to-mid bullish phases. Notably, after touching the local low of $60,000 in early February, Bitcoin has witnessed an upward consolidation move, touching as high as $76,000 while also constantly retracing to lows around $65,000. The macro perspective provided by the three metrics mentioned above paints a market with an intact structural support, healthy profit-realization, and a reduced market supply, which collectively suggest the premier cryptocurrency in this consolidation. However, CryptoZeno analysts also warn that the recent loss in price momentum, combined with a falling STH realized price, still puts Bitcoin in a precarious position. Any failure to maintain this support level could trigger selling and cause a short-term dip or sentiment shift. Related Reading: What The Solana Open Interest Is Saying About The Cryptocurrency Right Now Bitcoin Price Overview At press time, Bitcoin is valued at $66,748 after a slight 1.04% gain in the last 24 hours. However, daily trading volume has plunged by 53.48%, suggesting weakening market participation and a lack of strong conviction behind the recent price move. Featured image from iStock, chart from Tradingview
Xiaomi's MiMo V2 family arrives quietly but lands hard—a trillion-parameter AI challenger that nobody in the West saw coming.
In an interview with CoinDesk, Aave Labs CEO Stani Kulechov reflected on the governance debates in the Aave ecosystem, as well as what’s to come for the network.
World Foundation sells $65 million in WLD at a steep discount as the token hits record lows, with more supply set to enter the market.
Institutions pay custodians for illusory safety. Bitcoin's onchain governance eliminates counterparty risk that traditional models reintroduce.