Wall Street is pouring billions into public Bitcoin mining companies, but the investment thesis has little to do with the emerging industry's future. Instead, the financial institutions are treating these crypto firms as critical power-and-permitting infrastructure, a scarce asset in an artificial intelligence boom that is increasingly constrained not by a lack of advanced semiconductors, […]
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Pi Network is drawing growing attention after a recent price surge pushed its market ranking up to around 34th place. The project has also been teasing major ecosystem upgrades, including plans for decentralized exchanges (DEXs) and new applications on its network. These developments could bring more activity and adoption to the platform. Pi Network continues …
Russia's central bank proposed allowing banks to obtain crypto exchange licenses based on their existing banking licenses, Interfax reported.
Bitcoin nearly touched $74,000 on Thursday. Today, it is down 3.29% and trading around $70,355 at the time of writing. The run to $74,000 wiped out $471 million in crypto derivatives in under 24 hours, $348 million of it from short positions caught badly offside. It was the largest daily short liquidation since late February, …
Flagship cryptocurrency Bitcoin, which has been struggling since the start of the year, is now believed to rally 10x. Chinese crypto whale Wei Zhao claimed that Bitcoin could surge to $500,000 by the end of this year. He says several strong trends are now coming together that could increase demand for Bitcoin. He cited multiple …
OKB price has suddenly come to the spotlight after staging one of the strongest rallies in the crypto market this week. The token surged nearly 30% in a single day, pushing toward the $100 mark as traders rushed to price in a major institutional development surrounding the OKX ecosystem. The rally follows reports that Intercontinental …
The VARA alert comes just a couple of weeks after Austria's financial regulator prohibited the European arm of KuCoin from conducting new business.
Shiba Inu’s price trajectory has continued to disappoint investors with what seems like a never-ending sell-off. As a result of one year of downtrend, the Shiba Inu price has dropped more than 93% from its 2021 all-time high, now barely resting on levels not seen in two years. While this is going on, though, the bulls seem to be ramping up as the Falling Wedge Support continues to hold strong. Now, the question is, what happens if bulls are able to facilitate a bounce? Why Shiba Inu Could See A 500% Bounce According to crypto analyst Jonathan Carter, the Shiba Inu price is now sitting in a unique position that could trigger the next upward wave. This has to do with the Falling Wedge Support still holding strong, even after multiple attempts to break it. Related Reading: XRP Price Gears Up For A Major 680% Move Against Bitcoin To Reach $10 This shows that the level around $0.0000054 has become a stronghold for bulls. Thus, it has become an important entry level for investors looking to get back in, provided that the bulls are able to continue holding this support and trigger a lift-off from here. Once this support and the eventual bounce is completed, the first major level that the analyst outlines is at $0.0000068. It is the first of all the major targets that the Shiba Inu price has to surmount before continuing its journey toward the final target. Next on the list is the $0.00001, which has become a major psychological level and resistance. Once this is completed, then it leads to the third major resistance lying at $0.000013. However, bulls might find it easier to beat this level given how it has performed in the past. Related Reading: Expert Trader Says Bitcoin Surge To $220,000 Is Coming, But This Will Happen First The fourth target on the list lies at $0.000016, and at this point, the price would have risen 3x already. The uptrend could be in full bloom by then, leading to the next major support at $0.000022, where the bulls are likely to encounter the most resistance. The last and final target is placed at $0.000033 by the analyst. Going by the analysis, this would be the ideal level to sell after buying at $0.0000054. “Buyers are defending this established support zone as strength emerges from the consolidation phase,” the analyst said. Featured image from Dall.E, chart from TradingView.com
Rainberry Inc., the company behind BitTorrent, agreed to pay a $10 million settlement that ends a long-running case with the US Securities and Exchange Commission. The agreement lets the regulator dismiss its remaining civil claims against Justin Sun and affiliated foundations with prejudice, meaning the SEC cannot refile those specific charges. Related Reading: Solana Stablecoins Hit $650 Billion In Monthly Transactions Sun acquired BitTorrent and integrated it into his Tron blockchain ecosystem, linking Rainberry and the BitTorrent Token (BTT) to his crypto operations. Officials framed the settlement as closure rather than an admission of wrongdoing. Settlement Reduces Regulatory Overhang For Crypto Projects Reports indicate the SEC’s case targeted allegations tied to token sales, trading practices, and unregistered offerings involving TRX and BTT. By resolving the matter through Rainberry’s payment, civil claims against Sun and the Tron Foundation were dismissed. Analysts say the move clears a major legal hurdle and may reassure exchanges, investors, and partners that the immediate regulatory risk has been reduced. Justin Sun’s Role And Statements On The Outcome Justin Sun and spokespeople emphasized that he did not admit wrongdoing. Sun framed the settlement as an opportunity to focus on product development, partnerships, and community engagement within the Tron ecosystem. Public filings now reflect that Rainberry’s payment closes its portion of the case while reinforcing Sun’s ongoing leadership of the integrated BTT and TRX network. The Chinese cryptocurrency entrepreneur Justin Sun reached a $10 million settlement to resolve a US Securities and Exchange Commission civil fraud case over his trading activity https://t.co/qJoSVO20WC — Reuters (@Reuters) March 6, 2026 Traders Watch For TRX Price Breakout The market wasted no time reacting. Trading volume on TRX spiked on settlement news, though key resistance levels around $0.15 remained untested as of Thursday. This caution is consistent with where TRX has been for the last 18 months. TRX, at the time of writing, was trading at $0.285, meaning that its value is not in line with the record number of transactions being made on chain. At this point, the market is still pricing in the potential risk of an SEC lawsuit and not valuing TRX for being the most used stablecoin network in the world. Traders are viewing this settlement as lowering their legal exposure, and therefore will not consider this to be the “big” catalyst to move TRX up in price. Traders are chasing liquidity, depth of buy/sell orders, and the overall macro conditions of crypto when trading TRX. From a legal perspective, it is important to note that although this particular case has now closed, public accusations of wrongdoing remain on record. As a result, both exchanges and custodians must continue to be vigilant in complying with regulations. Related Reading: XRP To Pass Bitcoin, US Veteran Claims Amid War Forecast Foundations and Ecosystem Outlook The Tron Foundation has been focusing on developing technical solutions and providing support for projects within its ecosystem. The SEC settlement removes one of the obstacles to developing business and joint venture partnerships. However, restoring confidence in the ecosystem will take some time. Featured image from Crosley Law, chart from TradingView
Spot Bitcoin and Ethereum ETFs saw heavy withdrawals on March 5, with nearly $320 million leaving the funds in a single day. Data from SoSoValue shows Bitcoin spot ETFs recorded about $228 million in outflows, with BlackRock’s IBIT seeing the largest withdrawal among the funds. Ethereum spot ETFs also faced pressure, posting $90.94 million in …
Vancouver city staff say Bitcoin is not permitted under the Vancouver Charter and recommend dropping Mayor Ken Sim’s 2024 reserve proposal ahead of a Tuesday council vote.
Officials say the Vancouver Charter limits city reserves to government debt, bank instruments and other traditional assets.
Bitcoin price is flashing a rare combination of growing adoption and tightening supply, a setup that historically precedes strong price expansions. The bulls are attempting to lift the price above the bearish influence, while the on-chain data has also turned bullish. The BTC wallet holders are rising while the exchange supply is plunging. This divergence …
The regulator warned investors that promotions tied to the exchange are not approved in Dubai and urged residents to verify licensed virtual asset providers.
Bitcoin faces 2% reversal from the 50-day EMA on Thursday, Slips below $71000. The surge in altcoins OKB, Human Protocol, and Kite continues to raise concerns. Wll the pressure hold for Ethereum, XRP, and these altcoins as the US -Iran War extends? Top Cryptocurrencies Bitcoin, Ethereum, and XRP showed cautious trading, with a roughly 2% …
A proposal to make Vancouver a Bitcoin-friendly city is now facing a setback after city officials recommended cancelling the plan. Staff says local law does not allow the city to invest public funds in Bitcoin.This puts an end to Mayor Ken Sim’s proposal to add Bitcoin to city reserves and accept crypto payments. He had …
As the crypto market bounces from the latest shakeout, Ethereum (ETH) and investment products based on the King of Altcoins recorded a remarkable single-day performance, potentially setting the stage for further recovery. Related Reading: Bitcoin Surge To $74,000 Fueled By US Institutions, Coinbase Premium Signals Ethereum ETFs Recover Amid Market Bounce Ethereum-based spot Exchange-Traded Funds (ETFs) recovered from Tuesday’s weak performance and recorded their best single-day in nearly two months, with $169 million in inflows on Wednesday. According to SoSoValue data, the category saw the highest netflow since January 14, when it drew in $175 million. Notably, the mid-January crypto market correction triggered massive outflows for investment products, with funds based on the two largest crypto assets, Bitcoin (BTC) and ETH, showing the weakest performance. Ethereum ETFs saw a five-week negative streak, bleeding $1.38 billion during this period. However, the funds ended their weekly outflow run last week after posting inflows worth $80.46 million. So far, the products have drawn in $197.35 million this week, potentially setting a base to register their best weekly performance since January 16, when it closed the week with $479.04 million. Alex Kuptsikevich, chief market analyst at FxPro, recently highlighted that the strength of crypto ETFs, despite growing geopolitical tensions and financial markets’ selloff, could be seen as “a victory for cryptocurrencies,” suggesting that some traders may be considering digital assets as a safe haven. Meanwhile, James Butterfill, head of research at CoinShares, emphasized that “recent client discussions have been almost entirely focused on identifying entry points rather than reducing exposure to the asset class.” ETH At A Structural Decision Point Ethereum’s price climbed 12% on Wednesday, its highest level since February 4. Amid the market recovery, the cryptocurrency reclaimed the $2,100 barrier and reached a one-month high of to $2,199 before retracing. The king of altcoins has been trading between the $1,825-$2,150 levels since the early February breakdown, unable to break past the upper boundary of its local range. Analyst Rekt Capital pointed out that ETH closed the month just below a crucial multi-year ascending trendline, which has served as macro support and a decisive directional point over the years. This places the price in a structurally bearish position, as it enables a monthly retest of this level as resistance instead of support. The analyst emphasized that if this trendline becomes a resistance, it would confirm a breakdown from the macro structure and increase the likelihood of a deeper move into a key horizontal zone and historical demand cluster situated around the $1,600 region. “If Ethereum rejects from the trendline and the current bounce retraces in full, that rejection would signal the trendline dissipating as support and confirm the breakdown scenario,” he stated. Related Reading: Pundit Says XRP Price At $100 Is Not Insane If You Understand This However, he noted that bearish continuation is not confirmed yet, explaining that if ETH manages to reclaim the trendline as support in the monthly timeframe, the horizontal zone and historical supply area around the $2,250-$2,500 levels could act as a relief cluster “where price may rally before the market determines its next directional move.” “For now, Ethereum remains at a structural decision point around the multi-year trendline,” he concluded. Featured Image from Unsplash.com, Chart from TradingView.com
XRP holders are selling at a loss as market pressure increases. Data from Glassnode shows XRP’s Spent Output Profit Ratio (SOPR) has dropped below 1.0, meaning many investors are selling for less than they paid. The token is trading around $1.41 after failing to break the $1.45 resistance level. A similar pattern was seen during …
Neo, the open-source, community-driven blockchain platform, has published its 2025 Financial Report and Insights, offering a closer look at the ecosystem’s financial position and its plans for the next phase of development. The report places Neo’s combined treasury at approximately $460.8 million and outlines a roadmap focused on transparency, asset diversification, and deeper commitment to …
Pi Network price is showing fresh signs of strength after weeks of consolidation, rising more than 10% in the past 24 hours and reclaiming the $0.19–$0.20 zone. The rebound comes as the broader crypto market attempts to stabilize, but a key catalyst appears to be emerging from within the Pi ecosystem itself. Recent updates from …
Rising oil prices and macroeconomic pressures could prolong crypto market volatility, challenging investors to navigate heightened uncertainty.
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OpenAI's ChatGPT integration with spreadsheets enhances productivity, challenging specialized financial tools and reshaping data management.
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Bitcoin's declining exchange reserves suggest a bullish trend, but reduced liquidity could lead to significant price volatility.
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In a report published Thursday, Reuters said the long-anticipated crypto market structure legislation, known as the CLARITY Act, may be at risk of not being signed into law in 2026. The uncertainty comes as opposition from the banking sector intensifies, particularly over key provisions tied to stablecoin regulation. Deadlock In Crypto Legislation Per the report, the legislation has run into a fresh stalemate after banks declined to support a compromise proposal advanced by the White House. That breakdown in negotiations has cast serious doubt on whether Congress can move the bill forward before the legislative window narrows ahead of the midterm election season. Banks have objected to provisions that would permit stablecoin issuers and other crypto firms to offer yield-bearing products and customer rewards. Lenders argue that such incentives could siphon deposits away from traditional banks, making it more difficult for them to fund loans and support credit creation. Related Reading: XRP Price Retests Decade-Old Trendline That Previously Triggered 630%+ Rallies Crypto companies, for their part, maintain that the ability to offer rewards is essential to attract users and remain competitive. They argue that prohibiting such incentives would amount to an anti-competitive restriction designed to protect incumbents. In an attempt to break the deadlock, the White House stepped in last month to broker a compromise. The administration proposed allowing stablecoin rewards in limited contexts, such as for peer-to-peer (P2P) payment activity, while prohibiting rewards on idle balances. Four individuals familiar with the private negotiations said the proposal was intended to strike a balance between innovation and deposit stability. Crypto firms have reportedly accepted that compromise. However, banks have signaled they still cannot support it. Banking Sector Seeks Stricter Reward Rules Two sources told Reuters that lenders want far stricter limits on the types of activities eligible for rewards. A senior White House official indicated that banks remain concerned that even the narrower framework could accelerate deposit flight. A banking industry source added that some lenders believe the permitted activities under the compromise would still meaningfully weaken deposit bases. Several senators are said to back the banking sector’s position, and industry representatives believe they may be able to secure more favorable terms with that political support. Beyond the stablecoin dispute, the bill faces additional political hurdles. Lawmakers are divided over provisions related to ethics and illicit finance. Time Running Out For CALRITY Act’s Approval Time is another significant obstacle. Senate floor time is limited, particularly as lawmakers prepare to leave Washington in the summer to begin campaigning for the midterm elections. Adrian Wall, managing director of the Digital Sovereignty Alliance, a pro-crypto advocacy group, said the window for passage is rapidly closing. If the bill is not approved and sent to the President by July, he argued, it will become increasingly difficult to revive momentum before the elections. Related Reading: Bitcoin Tops $73,000, Expert Explains Why The Rally Isn’t Over Yet The political calculus could become even more complicated after November. If Democrats gain seats in Congress, prospects for passing crypto-friendly legislation could diminish further. Geopolitical developments are adding further uncertainty. According to Brian Gardner, chief Washington strategist at Stifel, the war in Iran is making it even more challenging for Congress to devote attention to crypto regulation this year. In a note published Tuesday, Gardner wrote that the legislative calendar is increasingly working against the bill. “The calendar is becoming the enemy of this bill,” he said. Featured image from OpenArt, chart from TradingView.com
Publicly listed Bitcoin mining companies have sold more than 15,000 BTC since October, around the time Bitcoin reached its $126,000 all-time high. Now, several mining companies are planning to sell even more in early 2026. With Bitcoin struggling to stay above $70K, investors are asking: Is a bigger Bitcoin price drop coming next? Bitcoin Miner …
Vitalik Buterin says future crypto wallets will likely integrate AI, but he warns they should not directly control large transactions. Instead, AI could suggest a transaction plan while the wallet runs a simulation to preview the outcome. Users would then review the results and confirm manually. The goal is to ensure that what users intend …
The company behind the clothing brand Original Penguin has accused Pudgy Penguins’ clothing merchandise of infringing on its trademarks.
OKB surged about 23% in the past 24 hours, becoming one of the day’s biggest crypto gainers. The rally followed news that Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has invested in crypto exchange OKX at a $25 billion valuation and secured a board seat. The partnership plans to bring …
The crypto exchange said it will begin a phased rollout on March 6 to select users before broader availability.
The altcoins with “real world” traction and application will be the winners of the next altcoin season, says Bitwise’s Matt Hougan.