About 97% of the machines used to mine Bitcoin currently come from companies based in China. This heavy reliance on foreign technology has created a bottleneck at American ports and raised alarms about the long-term security of the network. Related Reading: Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold To fix this, US Senators Bill Cassidy and Cynthia Lummis introduced the Mined in America Act. The bill aims to move the production of specialized computer chips and mining rigs onto American soil. Cleaning Up The Mining Supply Chain The proposed law creates a special “Mined in America” certification for data centers. To earn this label, a facility must prove it is not using equipment made by “foreign adversaries.” This would force a massive shift in how the industry operates. Right now, most miners buy their hardware from Chinese giants like Bitmain or MicroBT. Under the new rules, companies would have to phase out that gear in favor of US-made alternatives. It is a bold attempt to build a domestic industry from the ground up. Digital asset mining is a big part of our economy. We should be doing it here in America. Proud to introduce the Mined in America Act with @SenLummis, which secures supply chains, backs U.S. manufacturing, and supports this key industry.https://t.co/qZdv6SEe3g — U.S. Senator Bill Cassidy, M.D. (@SenBillCassidy) March 30, 2026 Reports indicate that federal agencies would play a major role in this transition. The National Institute of Standards and Technology would be tasked with helping US manufacturers develop more efficient chips. This move is designed to ensure that the US does not just host the mining power, but actually owns the technology behind it. By making the hardware at home, the industry could avoid the shipping delays and customs seizures that have slowed down growth over the last year. Connecting Mining To National Reserves The legislation does more than just worry about hardware. It also seeks to lock in a plan for a Strategic Bitcoin Reserve. US President Donald Trump has previously expressed support for the government holding a stockpile of the digital currency. This bill would codify that idea into law. It suggests that the Bitcoin held in this national reserve should ideally come from “Mined in America” facilities. This creates a direct link between national security and the computers humming in rural warehouses across the country. Related Reading: Bitcoin Faces Fresh Pressure As Oil Crosses $104 For First Time In 4 Years Data shows the US currently accounts for roughly 38% of the global hashrate, which is the total computing power used to secure the Bitcoin network. While that makes the US a leader in operations, it remains a follower in manufacturing. Officials said the bill would use the Manufacturing Extension Partnership to give small and medium-sized American factories the tools they need to compete. The goal is to turn Bitcoin mining into a pillar of American industrial policy rather than just a niche financial activity. Featured image from Unsplash, chart from TradingView
Ethereum is navigating a challenging market phase, with price facing persistent selling pressure despite a tightening supply landscape. On the charts, ETH has shown signs of weakness, with repeated rejections at key resistance levels and declining momentum suggesting that sellers remain in control in the short term. A significant portion of the ETH supply remains locked across staking contracts, effectively reducing the amount of liquid ETH available on the market. Locked Supply Continues To Tighten Circulating Ethereum Ethereum is experiencing selling pressure on the charts, but supply is being locked away through staking. An analyst known as Sjuul AltCryptoGems on X has pointed out that nearly 3 million ETH is reportedly waiting to be staked, with the entry queue stretching to around 50 days. Related Reading: Ethereum Supply Tightens As Staking And Outflows Hit Record Highs At the same time, the exit queue is almost empty, indicating that very few participants are withdrawing their holdings, which is a clear imbalance. If confidence were weak, exit activity would rise, and staking demand would slow down, but the opposite is playing out. Investors are continuing to lock up their ETH for months with a yield of around 2.7%. The total staked has now surpassed 38 million ETH, accounting for over 31% of the total supply, and the figure continues to grow despite the price trend lower. This divergence highlights a key dynamic. While the ETH price is showing weakness, the network participation is signaling strength. There are long waiting times to enter staking and almost no waiting time to exit. This kind of disconnection doesn’t last long. Right now, supply is being locked from circulation while demand is building. How Ethereum Long And Short Positions Shrink Across The Board The recent price weakness in Ethereum may be largely driven by a shift in positioning among hedge funds. According to crypto investor CW, data shows that hedge funds significantly reduced their long ETH positions about two weeks ago, particularly on Coinbase Derivatives, suggesting that many have either liquidated their holdings or exited trades to cut losses. Related Reading: Ethereum Staking Ratio Hits Record 31.4% As Exchange Supply Crashes To 2016 Lows This wave of long-position unwinding has added notable selling pressure, with the US hedge funds emerging as the primary force currently weighing on the market. There is a shift in sentiment that contrasts with that of other participants, as the dealers and asset managers are largely neutral or still maintain a slight advantage in long positions. CW argues that a meaningful full-scale rally will begin when hedge funds turn bullish. Activity in both long and short positions on Ethereum decreased compared to the previous day. CW has also noted that the high-leverage long positions are estimated at around $1.1 billion, while short positions significantly outweigh them at approximately $4.22 billion. However, if the ETH price rises by $100, several short positions would be liquidated. Featured image from iStock, chart from Tradingview.com
A New Hampshire state authority is set to issue a first-of-its-kind bitcoin-backed bond with a Ba2 rating, marking an early test of how crypto can function as collateral inside traditional public finance markets.
“We’re finishing the job, and I think within maybe two weeks, maybe a couple of days longer to do the job," Trump told reporters in the Oval Office.
The Crypto Fear and Greed Index remains pinned in the ‘extreme fear’ zone, but Bitcoin’s lengthy consolidation phase above the $60,000 support may be a positive sign.
The #2 Texas state official called on lawmakers to study “the sudden inundation of prediction market gambling“ as other jurisdictions take the platforms to court.
S&P Dow Jones Indices puts its iBoxx US Treasuries Index on the Canton Network, allowing institutions to access bond benchmark data through tokens rather than feeds.
Jed McCaleb, the founder of Ripple and Stellar (XLM), has announced plans to redirect a whopping $1 billion from his XRP fortune into a new investment outside the cryptocurrency space. The crypto founder and Silicon Valley billionaire is now turning his focus toward Artificial General Intelligence (AGI), aiming to build an AI system based on the human brain. Ripple Founder To Invest $1 Billion Into AI Research In an interview with Forbes, McCaleb disclosed plans to allocate approximately $1 billion from his estimated $3.9 billion in XRP holdings to fund efforts focused on AGI. The move comes after he previously dropped $1 billion to build a private space station in 2025. Related Reading: XRP Expert Says The Moment Has Finally Come, Here’s What He Means The new investment is expected to come through the Astera Institute, a non-profit research organization based in California that McCaleb founded. Recently, the institute has increased its focus on neuroscience-inspired approaches to AI development. As a result, in addition to the $1 billion allocation for the core AGI project, McCaleb stated that he will pledge another $600 million specifically toward neuroscience research. The Ripple founder shared his ambitious goal of studying the human brain as a model for building more capable, potentially safer artificial intelligence systems. He noted that researchers at the Astera Institute intend to use brain-computer interfaces to record neural activity patterns in mice as they perform everyday tasks, such as navigating mazes. They would then record and use these biological data and insights to design completely new AI systems that go beyond today’s popular transformer models. In the interview, McCaleb expressed skepticism about current mainstream AI methods. He pointed out that while transformers, a type of AI model, are good at making predictions, they struggle with long-term planning, decision-making, and self-driven goals. He believes using a brain-inspired framework could create an AI system that is easier for humans to understand and control. Interestingly, McCaleb described his time in cryptocurrency as “a big detour” from his deeper interest in AI. He explained that he had always wanted to work in artificial intelligence but only found the opportunity after stepping back from the cryptocurrency industry. He expressed strong belief in his ambitions, declaring that “AI is going to be the most transformative thing that humans ever create.” Although he remains a pivotal figure in Ripple’s history, McCaleb left the company and sold all his XRP by 2022. A Quick Dive Into McCaleb’s Role In Ripple and XRP McCaleb initially entered the crypto industry as a programmer with previous experience running the now-defunct Mt. Gox, one of the earliest major Bitcoin exchanges. In 2011, he began developing the Ripple protocol and later recruited key figures like former Ripple CTO David Schwartz. Related Reading: XRP Global Distribution Shows The Major Holders And What It’s Being Used For In 2022, McCaleb co-founded OpenCoin, which later became Ripple Labs, now Ripple. He founded the company alongside Chris Larsen and served as CTO while contributing to the development of the XRP Ledger (XRPL). Following XRPL’s launch, McCaleb and other early co-founders each received personal stakes worth approximately 9 billion XRP, around 9% of the total supply. This allocation contributed significantly to his personal wealth today. Featured image from Freepik, chart from Tradingview.com
Michael Barr called for for regulatory and technological measures that ensure stablecoins will not be used for illicit activities.
Bitget Wallet adds XRP Ledger integration, enabling XRP transfers, RLUSD transactions, and cross-chain swaps for 90M users.
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P2P.me was established to push boundaries, but the startup admitted that wagering on itself via Polymarket may have been a bridge too far.
The Midnight Foundation declared its network live on Mar. 29, with the genesis block dated Mar. 17. That launch gives Cardano's community its first production test of Charles Hoskinson's argument that public blockchains cannot reach regulated finance, identity, and business use unless the infrastructure itself embeds privacy and compliance from the start. Cardano enters that […]
The post Cardano’s $9B network has little real activity — its new system aims to fix that appeared first on CryptoSlate.
Tech mogul Elon Musk is convinced that quantum computers could enable the recovery of lost crypto wallet passwords – a plus side of the computing technology amid all the recent buzz of the great risks it poses to blockchain and cryptocurrencies. Blockchain analytics estimates that at least 3-4 million Bitcoin (BTC), or 15%-20% of the …
Governor Gavin Newsom orders stronger safeguards for AI companies seeking California contracts, escalating tensions with the Trump administration over national AI regulation.
With a few hours to go, bitcoin has tumbled 22% in the first quarter, following a 25% drop in the last quarter of 2025.
The analytics platform said it would begin rolling out the agents over the summer for use in investigations and compliance.
Latin America's e-commerce giant Mercado Libre quietly killed its Mercado Coin loyalty token—pivoting to its own stablecoin.
A critical vulnerability in Zcash node software could have allowed attackers to drain millions of dollars of ZEC from a deprecated shielded pool.
Bitcoin may no longer be moving in lockstep with the S&P 500 over a short time frame, but that does not mean it has escaped the broader risk-off regime. In Axel Adler Jr.’s latest morning brief, the more important signal is not the breakdown in short-term correlation, but Bitcoin’s continued relative weakness against US equities. Bitcoin Weakens Against The S&P 500 Adler’s argument rests on two charts that, taken together, push back on the increasingly familiar claim that a lower BTC-equity correlation automatically points to decoupling. The first is the 13-week BTC-S&P correlation, which has recently turned negative and stayed below zero. On the surface, that could look constructive for Bitcoin. But Adler argues that the reading is easy to misinterpret. “The 13-week correlation measures how closely the weekly returns of BTC and the S&P 500 have moved together over a short window,” he wrote. “Over recent weeks, the short-term correlation has turned negative and has been holding below zero. At first glance this might look like a loosening of the link between BTC and equities – but in practice it more likely reflects the choppy nature of recent weeks, where isolated Bitcoin bounces have alternated with continued weakness in the index.” Related Reading: OG Bitcoin On-Chain Models Could Hint At $46,000-$54,000 Floor: Analyst That distinction is central to the note. A falling or negative correlation only says that the two assets are no longer moving neatly together over that window. It does not say Bitcoin is strong. It does not say capital is treating BTC as a defensive asset. And it does not confirm that the market has begun to price Bitcoin independently of the same macro pressures hitting equities. For that, Adler points to the second chart: the BTC/S&P price ratio. This is where the case for decoupling breaks down. The ratio, which tracks Bitcoin’s performance relative to the S&P 500, has declined since the start of the year and remains under pressure. In practical terms, that means Bitcoin has been underperforming stocks even during periods when the short-term correlation has weakened. “What matters to the market here is not the fact of negative correlation per se, but whether it is accompanied by sustained BTC outperformance over the S&P,” Adler wrote. “That confirmation is not there yet, so it is too early to talk about Bitcoin achieving genuine independence from the risk-off regime.” Related Reading: JPMorgan Says Bitcoin Is Beating Gold And Silver During The Iran War That framing matters because it shifts the focus away from a single statistical measure and back toward market behavior. If Bitcoin were truly decoupling, the relative-strength picture would likely be improving. Instead, Adler argues, the market is still assigning Bitcoin the role of a higher-beta risk asset, one with “higher risk and a larger drawdown amplitude” than the index. He makes the point even more explicitly in the note’s conclusion. “The market is currently sending an uncomfortable but fairly honest signal,” Adler wrote. “The S&P 500 continues to decline, and BTC is not merely staying vulnerable to external risk-off pressure – it continues to underperform the index in relative terms. The prevailing regime remains risk-off.” In that framework, the more useful trigger to watch is not whether correlation stays negative for another week, but whether the BTC/S&P ratio can reverse and hold higher. Adler says only “a new stable regime” of relative outperformance would support a real decoupling thesis. Until then, the market message remains straightforward: the relationship between Bitcoin and equities may have become less linear, but not less risk-sensitive. At press time, BTC traded at $66,652. Featured image created with DALL.E, chart from TradingView.com
Bitcoin rallied to $68,000 as markets responded positively to the prospect of the US and Israel-Iran war ending, but data shows futures traders are not convinced.
Securitize’s business model ties revenue to tokenized asset growth and activity across issuance, trading and servicing.
Brokerage clients in the European Economic Area can now trade 11 cryptocurrencies alongside traditional assets within a single account.
America holds roughly 38% of global Bitcoin mining capacity, and the specialized hardware powering that position comes overwhelmingly from Chinese manufacturers. Senators Bill Cassidy and Cynthia Lummis introduced the Mined in America Act on Mar. 30 to address that gap, proposing certification, domestic manufacturing support, and the codification of President Donald Trump's Strategic Bitcoin Reserve […]
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The asset manager says innovation can proceed under current SEC rules as the Clarity Act faces debate in Congress.
There are now over 47 million cryptocurrencies in existence. That number alone may explain a lot of what is happening to prices of altcoins right now. Related Reading: Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold Altcoins: A Market Spread Too Thin Blockchain networks have become token factories. Solana hosts more than 22 million tokens. Base accounts for over 18 million more. BNB Smart Chain adds another 4 million on top of that. With that much supply chasing a limited pool of investor money, most of these assets simply cannot attract enough buyers to hold their value. Analysts call it liquidity dilution — capital spread too thin to support the crowd. That structural problem is now showing up in the numbers in a dramatic way. Data from CryptoQuant shows that over 40% of all altcoins are currently trading at or near their all-time lows. More than 40% of Altcoins near All-Time Lows “This is even higher than during the previous bear market, which peaked at ~38%… However, when such extreme underperformance appears, it can also create very attractive opportunities.” – By @Darkfost_Coc pic.twitter.com/XvAmKiKyyQ — CryptoQuant.com (@cryptoquant_com) March 30, 2026 That figure surpasses the previous bear market peak of around 38%, making this cycle the worst on record for altcoin performance. CryptoQuant analyst Darkfost put it bluntly. Altcoins, he said, have never faced this kind of pressure in the current cycle. Staggering Losses The losses across individual coins are staggering. Bitcoin has fallen roughly 45% from its all-time high — painful, but modest compared to what has happened further down the market cap rankings. XRP has shed 60% from its peak. Solana sits 70% below its high. Cardano has collapsed 90% from where it once traded. Some smaller assets are in even worse shape. VeChain is down approximately 98% from its record price and is hovering just above an all-time low. Ethena hit a new all-time low recently, last trading around $0.09. Arbitrum and SUI are both sitting at levels where a further drop would push them into all-time low territory. Macroeconomic uncertainty and geopolitical tensions have added weight to an already fragile market. Risk assets across the board have taken hits, and crypto — altcoins above all — has absorbed some of the heaviest blows. Related Reading: 8.25M XRP Exit Long-Term Holders As Whales Buy $1.20–$3 Bitcoin Holds Up. Most Altcoins Don’t. Bitcoin’s relative steadiness compared to the rest of the market has drawn attention. While it is not immune to the selling pressure, its decline has been far less severe than what altcoins have experienced. That gap between Bitcoin and the broader crypto market is a defining feature of this particular downturn. Featured image from Unsplash, chart from TradingView
Futures market activity continues to drive Bitcoin price, while insufficient buy-side spot demand shortens the length of bullish breakouts and pins BTC in a $10,000 range.
USA expansion to Celo signifies the first move beyond Ethereum, leveraging regulated digital dollars on a high-volume network.
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Bitcoin rose back above $68,000 on March 31 after markets began to bet on a resolution to the Iran-US-Israel War and Iranian President Masoud Pezeshkian said Tehran was prepared to end the war under certain conditions. Data from CryptoSlate showed the broader crypto market added about $40 billion in value after the remarks. Bitcoin climbed […]
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Algorand price has gained fresh momentum, rising over 10% in the past 24 hours and drawing attention from traders watching for a potential trend reversal. The altcoin, which has been stuck in a prolonged downtrend, is now testing a critical resistance zone near $0.09. This move comes as broader market sentiment stabilizes, raising the key …
Google’s new research potentially puts the entire bitcoin supply – and the very foundation of digital trust – at risk, explains Pruden.