The chipmaker failed to rebut claims its crypto disclosures affected its stock price, allowing the case to move forward.
Swan Bitcoin claims that Howard Lutnick likely knew about its failed Tether mining venture, after which employees allegedly stole documents, resigned and launched a rival firm.
Tight range and fading momentum suggest a breakout is near, with direction hinging on $1.40 hold.
XRP price started a fresh decline from $1.4380. The price is now struggling and is at risk of another decline below the $1.380 zone. XRP price started a fresh decline below the $1.420 zone. The price is now trading below $1.420 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1.4050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $1.380. XRP Price Dips Again XRP price attempted a recovery wave above $1.4220 but failed to continue higher, like Bitcoin and Ethereum. The price started a fresh decline below $1.420 and $1.4120. There was a move below the 50% Fib retracement level of the upward move from the $1.3838 swing low to the $1.4372 high. Besides, there was a break below a bullish trend line with support at $1.4050 on the hourly chart of the XRP/USD pair. The price is now trading below $1.420 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.4120 level. The first major resistance is near the $1.420 level. A close above $1.420 could send the price to $1.4380. The next hurdle sits at $1.450. A clear move above the $1.450 resistance might send the price toward the $1.4840 resistance. Any more gains might send the price toward the $1.520 resistance. The next major hurdle for the bulls might be near $1.5550. More Losses? If XRP fails to clear the $1.420 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3965 level or the 76.4% Fib retracement level of the upward move from the $1.3838 swing low to the $1.4372 high. The next major support is near the $1.380 level. If there is a downside break and a close below the $1.380 level, the price might continue to decline toward $1.3620. The next major support sits near the $1.3450 zone, below which the price could continue lower toward $1.320. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.3800 and $1.3450. Major Resistance Levels – $1.4200 and $1.4380.
The decision leaves unresolved whether developers of non-custodial crypto tools must comply with federal money-transmission rules.
Tokenized finance and related infrastructure upgrades will be “revolutionary,” said Reserve Bank of Australia Assistant Governor Brad Jones.
Circle stock, CRCL, experienced a significant decline over the past day following news of a proposed ban on stablecoin yield. Despite this selloff, Bitwise’s CIO maintains that the market reaction was excessive and projects that the company’s valuation will likely double by 2030. Related Reading: Cardano Price At Multi-Year Support That Previously Led To 200% Rally – ADA Recovery Ahead? Circle Selloff Was ‘Overblown’ – Bitwise CIO On Tuesday, Circle Internet Financial, the issuer behind the USDC stablecoin, saw its stock crash 22% to $98 following reports about lawmakers’ decision on the stablecoin yield dispute. CRCL’s selloff was driven by news that a revised draft of the Senate Banking Committee’s crypto market structure bill, known as the CLARITY Act, would prohibit platforms from offering yield, directly or indirectly, for holding a stablecoin, or in a manner that resembles a bank deposit. Despite the selloff, some market experts have made the case for Circle, highlighting it as a good opportunity and “the most obvious choice” to invest in the stablecoins sector. In his weekly memo, Bitwise’s CIO, Matt Hougan, called the market’s reaction “overblown.” He asserted that the latest draft of the CLARITY Act doesn’t alter the base case forecast for Circle. Interest income has not been a primary driver of stablecoin growth to date; the vast majority of stablecoins today are held in ways that don’t pay interest. Stablecoins have exploded in popularity because they let people move money anywhere in the world efficiently and reliably—for trade settlement, as collateral in lending, as an alternative to unstable national currencies, and more. Hougan also emphasized that stablecoins offer convenience, which is “the killer app for money,” pointing out that the average savings account and average checking account yield 0.60% and 0.07%, respectively. “People aren’t parking their money there for the yield,” he noted, adding that as the global financial system increasingly transitions to blockchain-based rails, stablecoins are expected to assume a more significant role in this shift, irrespective of whether they offer interest. The Case For Circle’s $75B Valuation Diving deeper into his outlook for Circle, Hougan shared key projections for the broader stablecoin sector’s market capitalization and the company’s potential market share in the coming years. Citing Citigroup’s report, he asserted that the “base case” for stablecoin‘s assets under management (AUM) projects it will reach $1.9 trillion by 2030, while a “bull case” estimates it at $4 trillion. Bitwise’s CIO also highlighted that Circle’s USDC, the second-largest dollar-pegged token, holds 25% of the overall stablecoin market share, only behind Tether’s USDT, but has a much larger share of the regulated stablecoin market, with an estimated 80%+ share. If you think much of the growth of stablecoin AUM will come from those markets (as banks, fintechs, and major enterprises opt for onshore, regulated stablecoins), you might expect Circle’s market share to increase well beyond its current 25% share. Lastly, he addressed what Circle could potentially earn on deposits in four years. As he explained, the company earns roughly 4% interest on $80 billion of its AUM backing USDC, but shares around 60% with distribution partners like Coinbase, netting a 1.6% take rate. Related Reading: Ethereum Tops $2,100 As BitMine Ramps Up ETH Bet With $137M Purchase While its sustainability hinges on interest rates and competition from rival stablecoins, Hougan projected that the take rate will be cut in half by 2030, to 0.8%. Using these “conservative assumptions” on the broader stablecoins market cap, the company’s market share, and margin, Bitwise’s CIO concluded that Circle could hit “$75 billion by 2030—even with the recent CLARITY Act concerns.” Featured Image from Unsplash.com, Chart from TradingView.com
Ethereum price started a recovery wave above the $2,120 zone. ETH is now consolidating above $2,140 and is struggling to clear the $2,200 resistance. Ethereum started a recovery wave above the $2,150 zone. The price is trading above $2,120 and the 100-hourly Simple Moving Average. There is a new bearish trend line with forming resistance at $2,175 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,205 resistance. Ethereum Price Faces Resistance Ethereum price managed to stay above $2,050 and started a recovery wave, like Bitcoin. ETH price was able to climb above the $2,080 and $2,120 resistance levels. The price cleared the 38.2% Fib retracement level of the downward move from the $2,385 swing high to the $2,025 low. However, the bears seem to be active below the $2,200 resistance. There is also a new bearish trend line with forming resistance at $2,175 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,140 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,100, the price could attempt another increase. Immediate resistance is seen near the $2,175 level and the trend line. The first key resistance is near the $2,205 level or the 50% Fib retracement level of the downward move from the $2,385 swing high to the $2,025 low. The next major resistance is near the $2,250 level. A clear move above the $2,250 resistance might send the price toward the $2,300 resistance. An upside break above the $2,300 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,345 resistance zone or even $2,365 in the near term. Another Drop In ETH? If Ethereum fails to clear the $2,175 resistance, it could start a fresh decline. Initial support on the downside is near the $2,120 level. The first major support sits near the $2,100 zone. A clear move below the $2,100 support might push the price toward the $2,065 support. Any more losses might send the price toward the $2,020 region. The main support could be $2,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,065 Major Resistance Level – $2,175
Psychedelics like psilocybin could revolutionize anti-aging by enhancing brain neuroplasticity and altering perception.
The post Bryan Johnson: Psychedelics may revolutionize anti-aging, psilocybin enhances neuroplasticity for mental health, and the default mode network’s role in cognitive rejuvenation | All-In Podcast appeared first on Crypto Briefing.
Former MoneyGram veteran Alex Holmes is now leading Bitcoin Depot, as crypto ATM operators face mounting legal scrutiny in multiple US states.
Pharos developer Michael Lewellen said his lawyers are exploring all options for a path forward after a Texas judge dismissed the case without prejudice.
Circle shares slumped on Tuesday (nearly 20%) after U.S. lawmakers advanced the Clarity Act. This decline has been linked to the Clarity Act draft language that suggests it would curb interest paid on crypto stablecoin holdings. Related Reading: 3 Big Hyperliquid News You Might Have Missed This Week A Key Crypto-Basics Misunderstanding The reason of the sudden drop? The market is misunderstanding the legislation, analyst Gautam Chhugani and his three Bernstein colleagues said in an investor note shared with DL News. “The market is conflating who earns yield with who distributes yield”, they said. It is no secret that the market is moved by the heightened emotional responses of investors, reacting to real world events such as a geopolitical crisis or a change in the legislation that could affect their positions. However, investors would do well going back to the fundamentals and revisiting the basic mechanics at play before getting swept up in Clarity‑Act panic. A stablecoin issuer and a stablecoin distributer are not the same thing: a stablecoin issuer is the entity that creates the token and manages the reserves behind it, while a stablecoin distributor is the platform or intermediary that gets that token into users’ hands and often hosts their balances. Circle is the company that issues the USDC, not the one that distributes it: that’s what platforms such as Coinbase do. Today's chart shows Circle shares slightly recovered after briefly dropping under $100 on Tuesday. Source: TradingView The Clarity Act’s language specifies supervision on how crypto tokens are circulated and distributed, not on the entities that create or issue them. This means lawmakers are focusing on the activities around moving stablecoins to end users, such as platforms offering them, intermediaries marketing yield, and programs that pay interest on balances, rather than directly imposing new rules on the companies that mint the tokens and manage reserves. Related Reading: Bitcoin Holds $70K – Is The High‑Beta Era Over? Stablecoins: A Central Pillar It is worth noting that investor’s anxiety over the U.S. stablecoin policy and how regulators might treat centralized issuers post-election is justified. The stablecoin sector has become a central pillar of crypto liquidity: in 2025, dollar‑pegged tokens settled over 30 trillion dollars on‑chain, and USDC alone processed roughly 18 trillion dollars in transactions —close to half of all stablecoin volume despite representing under a third of total supply. Circle’s own and third‑party estimates say USDC’s share of total stablecoin transaction volume was around 45–50% in late 2025, even though its circulation was under one‑third of total stablecoin supply. If Bernstein’s view holds, Circle-related assets might see a rebound as regulatory clarity improves. BTC's price is on the highs $71k on the daily chart. Source: BTCUSDC on Tradingview Cover image from Perplexity, BTCUSDC chart from Tradingview
Bitcoin price started a recovery wave above $70,000. BTC is now consolidating above $70,200 and might aim for a steady increase if it clears $71,650. Bitcoin started a decent recovery wave above $69,800 and $70,200. The price is trading above $70,200 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $70,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $71,000 and $71,650 levels. Bitcoin Price Faces Hurdles Bitcoin price started a recovery wave above the $69,5500 resistance level. BTC climbed above the $70,200 and $70,500 resistance levels. The price even spiked above the 50% Fib retracement level of the downward move from the $75,998 swing high to the $67,342 low. The price even climbed toward the $72,000 zone before the bears took a stand and protected more gains. Bitcoin is now trading above $70,200 and the 100 hourly simple moving average. There is also a bullish trend line forming with support at $70,400 on the hourly chart of the BTC/USD pair. If the price remains stable above $70,200, it could attempt a fresh increase. Immediate resistance is near the $71,200 level. The first key resistance is near the $71,650 level. A close above the $71,650 resistance might send the price further higher. In the stated case, the price could rise and test the $72,650 resistance or the 61.8% Fib retracement level of the downward move from the $75,998 swing high to the $67,342 low. Any more gains might send the price toward the $73,200 level. The next barrier for the bulls could be $73,500. Another Decline In BTC? If Bitcoin fails to rise above the $71,650 resistance zone, it could start another decline. Immediate support is near the $70,400 level. The first major support is near the $70,000 level. The next support is now near the $69,200 zone. Any more losses might send the price toward the $68,800 support in the near term. The main support now sits at $67,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $70,000, followed by $69,200. Major Resistance Levels – $71,200 and $71,650.
Digital asset infrastructure company BitGo is partnering with ZKsync, a leading Ethereum Layer 2 scaling protocol, to develop asset tokenization infrastructure for banks. The resulting products will be regulatory-compliant and institutional-grade settlements, with all the benefits of blockchain technology – 24/7 availability, instant settlements, security, and privacy. BitGo brings fiat to blockchain BitGo has been …
Its dissent still centers on the bill's language that would prevent platforms from paying yield on stablecoin holdings.
Metanova Labs revolutionizes drug discovery by leveraging decentralized AI to screen billions of molecules efficiently.
The post Metanova Labs: Bittensor revolutionizes drug discovery with decentralized virtual screening, combinatorial reactions expand possibilities to 65 billion, and dual incentives drive innovation | TWIST appeared first on Crypto Briefing.
Onchain investigator ZachXBT flagged that Circle unfrozen the USDC balance held in one of the 16 wallets targeted in an earlier action.
The Ethereum price has jumped back above $2,100 despite broader market volatility, driven by aggressive whale accumulation and tightening supply. However, recent updates reveal that whales are now selling their ETH, likely taking profit after prices recovered slightly. The key question now is whether this increased selling pressure could trigger a decline in Ethereum, potentially pushing its price back below $2,000 once again. ETH Faces Heavy Selling From Whales After recording massive accumulations just last week, crypto whales are now back to selling ETH. A new report released on X by on-chain researcher ‘The DataNerd’ revealed that a 2-year-dormant Ethereum whale recently deposited a staggering 15,000 ETH, valued at approximately $30.97 million, to the crypto exchange Coinbase. Based on the size and timing of the transfer, flagged by Arkham Intelligence, the dormant whale may be looking to sell or trade their ETH. Interestingly, the DataNerd disclosed that the whale was an early participant in Ethereum’s initial coin offering (ICO), meaning they bought ETH when the cryptocurrency first launched at an extremely low price. Related Reading: Ethereum Whales Are Making Money Again, But Will They Hold Or Sell? The post also mentioned that the whale used a dollar-cost averaging (DCA) strategy to buy 17,400 ETH at an average price of about $11.6 per coin on Poloniex. Despite moving some ETH to Coinbase, the whale still holds 14,800 ETH in their wallet, worth roughly $30.5 million, showing they haven’t sold most of their holdings yet. Another recent large-scale ETH sell-off was identified by blockchain analytics platform Lookonchain on X. According to the report, an “EthereumOG” with the wallet address 0xa2F6 sold 15,002 ETH on March 23, worth approximately $30.97 million. The data showed that the whale had previously received 172,700 ETH for $12.83 per coin a decade ago, valued at $2.2 million at the time. However, based on Ethereum’s price during the transaction, the whale’s holdings have gained by more than 16,082%, reaching a whopping $356 million. How This Selling Pressure Affects The Ethereum Price The recent spikes in whale selling activity could have broader implications for Ethereum’s price. When large ICO whales move their holdings to a crypto exchange, it often signals that they may be preparing to sell. Such large-scale ETH deposits can create significant selling pressure on the market, as other traders closely watching the whale movements may react by selling or adjusting their positions. Related Reading: The 8-Year Ethereum Convergence That Says An Altcoin Season Stronger Than 2021 Is Coming This can trigger a chain reaction, putting short-term downward pressure on Ethereum’s price. The effect is even stronger when the whales involved are bigger and older, significantly increasing price volatility. With ETH trading around $2,100, persistent whale sell-offs could push its price lower, possibly sending it below $2,000. Its price has already fallen by more than 5%over the past seven days, according to CMC data, highlighting its underlying bearish momentum. Featured image from Getty Images, chart from Tradingview.com
Coinbase, the largest cryptocurrency exchange in the US, has expressed disapproval of the latest draft of the Clarity Act, which seeks to ban yields on stablecoins. Speaking in Senate offices during a Monday meeting, the company expressed concerns about the bill’s language and its intentions, saying it rejects the compromise meant to level the playing …
Cravin combines provably fair verification with a Fair Value Guarantee that returns the difference in Credits when an item lands below the box price, pairing auditability with a smoother user experience. For years, the industry’s consumer story has centered on spending. Stablecoin rails, merchant settlement, and checkout tools still dominate crypto’s retail pitch. The idea […]
The post How Cravin uses provably fair verification in mystery boxes appeared first on CryptoSlate.
Bitcoin remains locked in a tight range, leaving traders uncertain about its next major move. With strong resistance overhead and key support still holding below, the market is approaching a decisive moment. Whether BTC breaks out into a new rally or slips into another leg down will largely depend on how it reacts around these critical levels. A Slips Below Key Zone: Downside Pressure Builds According to Kamile Uray, Bitcoin is currently trading below the key blue box zone, suggesting that downside pressure may persist in the near term. Despite this, the 4-hour chart is beginning to show early signs of a potential recovery structure, with a small inverse head and shoulders (TOBO) forming. If this pattern activates, it could open the door for a move toward the $75,000 level. Related Reading: Bitcoin Holds $70K – Is The High‑Beta Era Over? Beyond that, there is also the possibility of a larger cup and handle formation developing. A successful push toward $75,000 would help shape this structure, but confirmation would only come with a strong close above that level. If achieved, it could signal continuation to the upside, especially if Bitcoin breaks above the $79,354 level, marking the first higher high on the 4-hour timeframe. On the downside, several key support levels, such as $65,666, $62,433, and $60,000, will be closely monitored, as holding above these levels could provide a base for another upward move. However, a daily close below the $62,433–$60,000 range would increase bearish pressure, exposing deeper support levels around $55,230 and $47,256. Looking at the bigger picture, a move toward $98,200 followed by a daily close above it would confirm a higher high on the daily chart, strengthening the case for a continued uptrend. Caution is advised, however, if the price approaches the $107,000–$109,000 zone, where a potential bearish pattern could emerge. Failure to break above the previous high in that region may trigger another downward phase. Bitcoin Stuck In Range As Momentum Stalls Bitcoin is currently trading around $70,413, remaining stuck within the same tight range that has held price action in place for weeks. CyrilXBT pointed out that the $72,000–$76,000 zone continues to act as a strong ceiling, with every rally into that area being met by consistent selling pressure. Related Reading: Bitcoin Stalls As Donald Trump’s Unpredictable Remarks Shake Market Confidence On the downside, the macro trendline near $64,000 has held on two separate occasions, providing the only meaningful support structure preventing a broader bearish shift. Still, confidence in a bullish continuation remains limited until Bitcoin can secure a convincing close above $75,000. With the EMA 200 at around $86,380, still far from being relevant at this stage, the market remains in a wait-and-see phase, with traders watching for a decisive move out of the range. Featured image from Getty Images, chart from Tradingview.com
Google has urged others to accelerate post-quantum efforts as it continues to develop Willow, one of the most powerful superconducting quantum processors today.
Bitcoin bulls face an uphill battle to turn the March options expiry in their favor, requiring a 6% price rally to $75,000 before Friday.
The US White House has completed its review of the proposal to allow cryptocurrencies, including Bitcoin (BTC) and private equity exposure in 401(k) retirement plans. The proposal now awaits formal ruling from the Department of Labor (DOL). A positive ruling would support the flow of $13.9 trillion from defined-contribution plans, such as 401(k), into cryptocurrency …
Robotics revolutionizes energy and defense sectors with AI-driven efficiency and critical infrastructure management.
The post Jake Loosararian: Robotics must prioritize data collection for efficiency, the impact of Nvidia’s dominance on hardware diversity, and the crucial role of determinism in future advancements | TWIST appeared first on Crypto Briefing.
Regulators are beginning work on legal and market infrastructure for tokenized assets, moving from pilot programs to real-world implementation.
Bitcoin’s miner supply picture remains tighter than in past cycles, but not tight enough to call it a true supply shock. New data from Axel Adler Jr.’s latest Bitcoin Morning Brief suggests miners still retain a meaningful over-the-counter reserve even as exchange-directed selling pressure stays elevated. Bitcoin Miners Flash Mixed Signal Adler’s core argument rests on two separate but related indicators. One tracks the 30-day moving average of BTC inflows from miners to exchanges, which serves as a direct proxy for realized selling pressure entering the market. The other measures the aggregate BTC balance held on OTC addresses associated with miners, offering a view into how much inventory can still be sold outside public order books. Taken together, the charts point to a market that is absorbing ongoing miner distribution, not one that has suddenly run out of hidden supply. As Adler put it, “For the market this is a mixed signal: the hidden OTC overhang is limited compared to past cycles, but tactical pressure in the market channel has not yet been removed.” Related Reading: Bitcoin Holds $70K – Is The High‑Beta Era Over? That distinction matters. A low OTC balance can be read as constructive because it implies miners have less sidelined inventory available for large off-exchange deals. But if the coins miners are currently producing are still being routed to exchanges at an elevated pace, immediate market pressure remains intact. The exchange inflow data is central to that argument. According to Adler, miner exchange inflows rose noticeably after Halving #4 relative to the early post-halving period, and the trend accelerated further from autumn 2025 onward. By 2026, the 30DMA remained in what he described as an elevated regime, indicating that “a significant portion of freshly mined supply is still being directed into the market, and current miner pressure cannot be considered removed.” Recent weeks have shown some moderation from the latest highs, but Adler does not view that as decisive. “In recent weeks the chart shows a local pullback from recent peaks,” he wrote. “But against the backdrop of strong growth over recent months, this does not yet look like a confirmed downward reversal – rather a pause within a still-elevated exchange inflow regime. To speak of a real reduction in miner pressure, a more sustained decline of the 30DMA from the current elevated zone is needed, not a short oscillation within it.” Related Reading: Bitcoin Miner Selling Pressure Drops To Near Three-Year Low The OTC side of the picture is more nuanced. Miner-linked OTC balances currently sit around 152.6K BTC, well below the historical peak near 595K BTC in 2018 and only modestly above the series low of roughly 146.9K BTC recorded in July 2025. By long-term standards, that does leave the OTC reserve compressed. Still, Adler explicitly pushes back on the idea that the reserve is effectively gone. “The current level is close to the lower bound of the historical range, but claiming the buffer is ‘almost entirely exhausted’ would be an overstatement: more than 150K BTC is still a significant volume,” he wrote. “In recent months the OTC balance has been oscillating within a relatively narrow range, and in February there was even a noticeable upward spike. This looks more like a regime of low but persisting reserve than a final phase of complete buffer depletion.” That framing is the key to the piece. The report does not argue that miner supply is abundant. It argues that the supply backdrop has become structurally tighter than in earlier cycles without yet crossing into outright scarcity. Miners have “substantially less OTC inventory than in past cycles,” Adler said, but the reserve “has not disappeared.” Instead, it “no longer looks large enough to create the same hidden supply overhang the market could see previously.” At press time, BTC traded at $ Featured image created with DALL.E, chart from TradingView.com
AI's rapid growth threatens job security and demands urgent government action to prevent economic disruption.
The post Mark Warner: Government and society are unprepared for AI advancements, rising unemployment among recent graduates, and the urgent need for regulatory action | Big Technology appeared first on Crypto Briefing.
The technique reduces the memory required to run large language models as context windows grow, a key constraint on AI deployment.
The yield agreement, seen as a step toward finally advancing the stalled market structure bill, hasn't yet fully won industry support.