Just days after the Federal Reserve granted a limited master account to Kraken, crypto bank Custodia's years-long court battle with the Fed concludes in a loss.
The Bitcoin Policy Institute said the bipartisan support for a de minimis tax exemption for smaller Bitcoin transactions is "encouraging."
A crypto analyst is calling for a $40,000 Bitcoin price surge within 60 days, and the macro environment may be building the case for exactly that. Bitcoin is still pushing around $70,000, and many traders are watching closely after weeks of volatility across global markets. Bitcoin Will Have Its Turn Very Soon One market participant known as ₿ariksis suggested that the Bitcoin price could surge from $70,000 to $110,000 within the next 60 days if the current macro and technical conditions are set up well. Related Reading: Has Bitcoin Price Bottomed Yet? Analyst Says We’re Not There Yet The prediction from ₿ariksis is built on rotation across major assets. Gold, silver, and oil have delivered strong upward moves in recent weeks. Gold, silver, and oil have already recorded strong moves in recent weeks. Both gold and silver have been pushing to new all-time highs in recent months, but Bitcoin has lagged behind. Geopolitical tensions between the United States and Iran have pushed crude oil prices above $100 per barrel, which is another type of rapid rally that can unfold across markets. Bitcoin is already known for how fast things can change, and this serves as a reminder that the leading cryptocurrency could be next in line for a fast repricing. A move from $70,000 to $110,000 in 60 days would require a gain of about 57%. This is obviously volatile, but not outside Bitcoin’s historical character once momentum and liquidity line up. Bitcoin Is Already Winning The Battle Of Relative Strength The case for Bitcoin’s resilience was sharpened further by BitMEX co-founder Arthur Hayes, who shared a normalized comparative chart tracking Bitcoin, gold, and the Nasdaq 100 from February 28. Related Reading: This Analyst Correctly Predicted Bitcoin’s Recovery Will End Badly, But What’s Next? According to the chart shared by Hayes, Bitcoin has outperformed gold and the Nasdaq 100 since the US-Iran war started on February 28. Bitcoin’s line pushes above both gold and the Nasdaq over the period in the normalized performance chart, even as the oil and gas price spikes created the kind of macro conditions that usually punish risk assets. Bitcoin gained approximately 7% over the measured period, while gold declined roughly 2% and the Nasdaq 100 edged down 0.5%. “Relative to similar type large risky assets, $BTC did the best when viewed against oil and gas energy price spikes,” Hayes noted. There is also a second layer to this story: institutional conviction has not disappeared during the turbulence. For instance, Strategy recently disclosed that it acquired another 17,994 BTC for about $1.28 billion, bringing its total holdings to 738,731 BTC. The technical side of the bullish case shows Bitcoin’s price action is now touching a rising diagonal support that connects major cycle bottoms from 2018, 2020, 2022, and now 2026. The newest touch is marked near the mid-$60,000 area, almost exactly where Bitcoin has been trying to stabilize. Each prior interaction with that trendline came near important cycle lows, and each was followed by a major recovery phase. According to a crypto analyst that goes by the name Vivek San, Bitcoin rallied 450% the last time this setup appeared. The projection by the analyst points to a return above $100,000, then sketches a possible extension above $240,000 into 2027. Featured image from Getty Images, chart from Tradingview.com
Analysts at the investment company said the change was significant because the stablecoin “winner” will be the one people use for everyday transactions.
Ether bulls appear to be targeting $2,800 as their next stop, but ETH futures data shows a divided market with limited odds for a sustained 33% rally.
As Bitcoin (BTC) seeks to solidify its position around $71,000, the cryptocurrency faces a challenge from the $74,000 resistance level that has so far prevented a decisive breakout. However, recent insights from Bloomberg indicate that a collection of indicators, historically associated with the conclusion of downward trends, suggest the current sell-off may be reaching its final phase. Bitcoin Recovery In Sight? Brett Munster of Blockforce Capital said that one of these indicators has already entered a range that has frequently preceded past lows. Meanwhile, two others are indicating figures between $54,000 and $58,000, which is lower than the current price range of between $65,000 and $73,000 that was set during the month. Although a definitive price floor is not guaranteed, Munster asserts that “the majority of the drawdown appears to be behind us,” suggesting that a market turnaround could potentially materialize by mid-year. Related Reading: Bitcoin Historically Surges 54% On Average Post-US Midterm Elections, Binance One of the critical indicators currently highlighting Bitcoin’s potential for recovery is the MVRV Z-Score. This measure signals when Bitcoin is trading above or below its on-chain cost basis. When this score dips below 0.4, it typically indicates that the cryptocurrency is undervalued. Presently, the score is around 0.38, indicating that Bitcoin may indeed be undervalued, although other metrics have not yet confirmed this trend. Potential Upside Emerges The realized price of Bitcoin—the average price at which it has last moved on-chain—currently hovers near $54,000, while the 200-week moving average (MA), which has historically marked important support levels, is positioned around $58,000. Related Reading: Hyperliquid (HYPE) Under The Lens: These 3 Metrics Point To Severe Undervaluation Moreover, the pattern of diminishing peak-to-trough drawdowns suggests a potential bottom could lie between $45,000 and $55,000. Collectively, these indicators define what Munster terms “a high-probability accumulation zone” ranging from approximately $45,000 to $60,000. Although pinpointing an exact market bottom is inherently uncertain and bear markets can last longer than anticipated, Munster believes that Bitcoin presently offers a more favorable risk-reward profile with greater upside potential. Featured image from OpenArt, chart from TradingView.com
A crypto trader lost over $50 million in Aave-wrapped USDT on March 12 after sending a single large order through the DeFi lending protocol's swap interface and clearing a slippage warning on a mobile device. Data from Etherscan shows the wallet swapped $50.43 million aEthUSDT for 327.24 aEthAAVE through CoW Protocol in Ethereum block 24,643,151. […]
The post Miss this warning and you too could lose 99.9% in one swap while Ethereum bots walk away with the rest appeared first on CryptoSlate.
Druckenmiller argued that stablecoins could meaningfully boost financial system productivity by making payments faster and cheaper.
The USDC issuer's stock is soaring despite a market selloff as stablecoins expand into traditional finance. Meanwhile, Canaan boosts BTC reserves and Wells Fargo eyes crypto services.
Circle’s USYC tokenized U.S. Treasury fund has grown to $2.2 billion, surpassing BlackRock’s BUIDL fund as investors increasingly seek onchain yield and collateral.
Bitcoin and crypto exchanges built much of the cryptocurrency industry’s reputation by challenging traditional finance. However, as major Wall Street institutions deepen their involvement in crypto services, the structure of the market could begin to change in ways that place pressure on both exchanges and the broader ecosystem surrounding Bitcoin. Why Bitcoin And Crypto Exchanges Could Face Pressure Recent industry commentary highlights how large financial institutions are gradually positioning themselves to compete directly with crypto exchanges. Among them, Morgan Stanley has been expanding its digital asset capabilities, moving beyond simple exposure products toward services such as crypto trading, custody, and staking. The development signals a broader shift in which traditional finance is no longer observing the crypto sector from the sidelines. Related Reading: Here’s How Much Needs To Flow Through Ripple For XRP Price To Reach $3,700 One key factor behind this shift is infrastructure. In the early years of the industry, building a crypto trading platform required specialized blockchain engineering, complex wallet systems, and custom liquidity networks. That barrier created a protective moat for early exchanges such as Coinbase, Binance, and Kraken. Today, however, specialized infrastructure providers, including Fireblocks, Copper, Talos, and Zero Hash, allow financial institutions to integrate crypto trading systems far more quickly. With these tools, banks can launch digital asset services in just months. Distribution power further strengthens this advantage. If crypto trading becomes integrated into existing brokerage dashboards alongside equities and bonds, clients may access digital assets without leaving their primary investment accounts. In that scenario, exchanges would no longer be the default destination for crypto trading. Capital efficiency is another area where traditional institutions excel. Unlike exchanges, which operate as isolated platforms for digital assets, banks can offer multi-asset trading environments where stocks, bonds, foreign exchange, derivatives, and cryptocurrencies exist within the same account. This structure allows investors to move collateral across markets and execute complex strategies without transferring funds between separate platforms. Crypto Exchanges Face A Strategic Crossroads Another pressure point lies in pricing. Many crypto exchanges rely heavily on transaction fees as their primary revenue stream. Large financial institutions, by contrast, operate diversified business models that include lending, asset management, advisory services, custody, and prime brokerage. Because of these multiple revenue channels, banks could reduce trading costs significantly, potentially compressing the fee structures that exchanges depend on. Related Reading: Dogecoin Descending Channel Shows Where It Is In This Cycle Institutional trust also plays a role in shaping where large investors choose to trade. Established financial firms like Morgan Stanley have decades of regulatory infrastructure and longstanding client relationships. For institutions already managing capital through those firms, conducting crypto transactions within the same framework may appear more straightforward than onboarding to an entirely separate exchange. Analysts note that liquidity often follows institutional capital. Morgan Stanley’s $9 trillion asset base alone dwarfs the assets held on many crypto trading platforms. If even a fraction of that capital begins flowing through bank-operated crypto desks, trading activity could gradually shift away from traditional exchanges. For the crypto sector, this shift is prompting a strategic reassessment, as competition could increasingly favor traditional financial institutions entering digital asset markets. Featured image created with Dall.E, chart from Tradingview.com
Feds are looking to hear from victims after several games on Valve’s Steam platform were found to be distributing malicious software.
Bitcoin is on track for its strongest weekly return since its 2025 rally to new highs. Analysts highlight the price levels BTC must reach to sustain its current bullish momentum.
Musk's restructuring of xAI highlights challenges in leadership transitions and the impact of aggressive management on company morale and talent retention.
The post Elon Musk removes more xAI founders during restructuring ahead of potential IPO appeared first on Crypto Briefing.
Galaxy Digital and Superstate execs explain how tokenized equities work and why bringing traditional financial assets onchain could transform global capital markets.
The company is taking a broad look at crypto-native firms that could generate interest on Wall Street.
Bitcoin faced strong resistance at the $74,500 level, but the shallow price pullback could set the stage for a stronger breakout in BTC and altcoins.
A French couple held at knifepoint in their home near Versailles and forced to transfer roughly €900,000 in Bitcoin would normally read like a rare, tragic story. But in France, it now fits a pattern serious enough to rattle the industry, draw the interior minister into the fray, and push executives toward bodyguards and tighter […]
The post Crypto holders in France are being violently targeted again — and it’s no longer just insiders appeared first on CryptoSlate.
XRP may be approaching another pivotal moment as its long-term cycle pattern continues to repeat. Historically, strong expansion phases have been followed by extended corrections before the market eventually builds momentum for the next major move. With price now nearing key structural support and technical confluence zones, analysts suggest the current consolidation could represent the groundwork for a potential expansion phase ahead. XRP Continues To Respect Long-Term Rising Trendline According to crypto analyst Egrag Crypto, XRP has continued to respect a long-term ascending trendline since its major breakout in 2017. Throughout this period, each powerful expansion phase has been followed by a descending corrective move, forming a repeating cycle within the broader market structure. Related Reading: XRP Slingshot Setup Builds As Market Enters Potential Bottoming Phase The analyst noted that this pattern has played out multiple times over the years, reinforcing the reliability of XRP’s long-term technical behavior. As the current corrective phase progresses, price action is now approaching an important confluence area where several technical factors are beginning to align. Egrag pointed out that the most significant bottoming region currently sits between $0.95 and $0.80. This zone stands out as a key area where the market could stabilize if the broader structure continues to follow its historical rhythm. The importance of this region stems from the convergence of multiple technical elements. These include the compression of the 21 EMA, 50 EMA, and 100 EMA, the support of the long-term ascending trendline, and a historically significant liquidity zone. When several structural indicators align in this way, it often creates conditions where macro market bottoms begin to form. Market May Be Undergoing A Time-Based Reset Revealing what may come next, Egrag Crypto explained that the current XRP structure appears to be undergoing not only a price correction but also a time-based reset. According to the analyst, this suggests the market may still require an extended period of consolidation before the next major move begins. Related Reading: XRP Bollinger Bands Are Squeezing—Volatility Incoming? Such a phase could involve additional grinding price action, continued compression, and periods of frustration for traders as the market stabilizes. If XRP continues to follow its historical cycle pattern, Egrag believes the bottoming process could gradually unfold and complete around the Q2–Q3 period of 2026. Looking ahead, the next expansion phase would likely begin only after XRP starts reclaiming key structural levels. The first important step would be a recovery above the 21 EMA, followed by a decisive break of the descending corrective structure that has been guiding the recent downtrend. Beyond that, the analyst highlighted $2.20 as a critical level where momentum could begin to accelerate again. With trendline support, EMA confluence, and a potential time reset aligning with a developing bottoming structure, Egrag suggests that the next major expansion phase may be a matter of time if these conditions hold. Featured image from Adobe Stock, chart from Tradingview.com
According to the Bloomberg Intelligence strategist, the oil shock and rising volatility across commodities and crypto may foreshadow a broader correction in equities.
The non-profit organization said the goal is to make Ethereum so decentralized that it could function even if the foundation ceases to exist.
Hayes said Hyperliquid’s strong revenue, real trading activity and disciplined token supply could push the token to new highs.
The Ethereum Foundation mandate codifies Ethereum’s core “CROPS” principles: censorship resistance, open source, privacy and security.
The launch of Velotrade's crypto prop platform could democratize access to capital for traders, potentially reshaping the crypto trading landscape.
The post Ex-JP Morgan and Dresdner Kleinwort traders launch crypto prop platform appeared first on Crypto Briefing.
The long-running belief that holding 10,000 XRP could lead to financial freedom is now being reassessed. In a recent market breakdown, analysts from Cheeky Crypto said the strategy no longer reflects the financial reality many investors face today. So the big question remains—is 10,000 XRP really enough? Let’s find out. The 10,000 XRP Myth Is …
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
XRP is trading at $1.43, up 3.31% today. Bitcoin is at $72,535 and Ethereum sits at $2,131. The market is having a good Friday. But the price action today is almost a distraction from something much bigger that has been quietly building in the background, and almost nobody in retail is paying attention to it. …
Ether’s road to recovery looked clearer, especially if the balance in Ethereum accumulation wallets and the staked supply continue rising at their current pace.
The USDt-settled contracts allow traders to speculate on the price movements of the two companies’ shares around the clock without owning the underlying stocks.
Six North Korean individuals and two entities were hit with U.S. sanctions over an alleged crypto-fueled fraud scheme targeting U.S. firms.