Prosecutors say testimony from two former FTX executives cited by the defense does not qualify as newly discovered evidence, Bloomberg reported.
Bitcoin (BTC) is currently navigating a trading range between $60,000 and $73,000, entering what analytics platform CryptoQuant describes as “the most frustrating phase in the cycle.” According to a recent analysis by CryptoQuant contributor MorenoDV, Bitcoin finds itself in a period characterized by heightened uncertainty, with market signals indicating more hesitation than firm conviction. Bear Market Signals Three key on-chain metrics point to a psychologically challenging phase for market participants, specifically Apparent Demand, the CryptoQuant Bull Market Cycle Indicator, and the Long-Term Holder SOPR. Related Reading: Ripple Launches $750 Million Share Buyback, Boosting Valuation To $50 Billion After the most recent sell-off, Apparent Demand initially showed signs of recovery, suggesting that opportunistic buyers were stepping in to capitalize on the recent price drop. However, this uptick was short-lived, quickly retreating to negative territory. Moreno also emphasized the absence of persistent buying pressure in the Bitcoin market, which he believes shows that market players are still cautious and hesitant to aggressively accumulate BTC at current prices. The CryptoQuant Bull Market Cycle Indicator, as seen in the chart below, further reinforces this sentiment, as it currently signals a phase typically associated with bear market consolidation. Moreover, the analyst noted that the behavioral dynamics at play can influence the cost bases of various market cohorts. He asserts that as short-term holders realize losses or transition to longer-term holders, the realized prices of Bitcoin can decline. Lastly, the Long-Term Holder SOPR metric is beginning to show that even seasoned investors are starting to realize losses, dropping below the crucial threshold of 1. Historically, this tends to arise in the later stages of bear markets when extended uncertainty erodes even the staunchest beliefs in the asset’s value. Bitcoin Eyes $72,000–$73,000 Resistance Level In the context of geopolitical events, Bitcoin has demonstrated resilience, outperforming gold and traditional stocks during the recent US-Israeli attack on Iran. Crypto stocks have also benefited, given their ability to be traded at any hour, unhindered by banking schedules. Gabe Selby, head of research at CF Benchmarks, told Fortune: Crypto’s 24/7 structure is increasingly an edge for the asset class. When the Iran conflict escalated over the weekend, crypto-native markets were the only venue open for global risk trading, a structural advantage that traditional markets cannot replicate. Additionally, Bitcoin has seen a positive uptick of about 4% following President Trump’s comments suggesting that the war may be winding down. Trump stated, “I think the war is very complete, pretty much,” adding that Iran has “nothing left in a military sense.” Related Reading: XRP Price Outlook: Analyst Foresees New All-Time Highs Above $40 In 2026 While attempting to consolidate near $70,000 at the time of writing, Bitcoin is also seeking to break through its recent local high in the $72,000-$73,000 resistance zone, which was unsuccessfully tested last week. Selby emphasized that a sustained close above this threshold with significant volume could shift the narrative from a mere short squeeze to a genuine momentum recovery. Featured image from OpenArt, chart from TradingView.com
Big news for the crypto market. On March 11, the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission announced a historic Memorandum of Understanding (MoU). The agreement aims to improve cooperation between the two agencies, especially on crypto regulation and new digital asset products. SEC and CFTC Sign MoU To Work Together …
Bonk.fun warned users not to use its site after attackers hijacked the domain and pushed a fake wallet-draining prompt.
Kraken, one of the largest crypto exchanges with more than 13 million active users, has announced plans to list the PI Network native Pi token on March 13. Meanwhile, the move comes just two days before the community’s annual Pi Day on March 14. Following the announcement, PI coin price rose about 2% within one …
LITRO aims to modernize the $6 trillion oil market by replacing slow, paper-based settlement with 24/7, on-chain trading and redemption.
Over the past few weeks, the XRP price has remained stuck in a narrow consolidation range, while both trading volume and volatility continue to decline. During the same period, Bitcoin surged past $70,000, and Ethereum reclaimed the $2,000 level, yet XRP has struggled to reclaim the $1.40–$1.45 resistance zone. This divergence has raised concerns among …
US prosecutors said that Sam Bankman-Fried's motion failed to present any legitimate newly discovered evidence.
Tokyo-listed Metaplanet is expanding beyond holding BTC into funding, incubating, and granting to companies building bitcoin financial infrastructure.
The bridging protocol's team wants to exchange ACX tokens for equity in a new U.S. C-corp or buy holders out at a 25% premium, in what would be one of the first major reversals from token to traditional corporate structure.
Developers are shifting toward artificial intelligence infrastructure as blockchain ecosystems lose contributors across major networks, from Ethereum to Solana.
Law firm MinterEllisonRuddWatts, which acted on behalf of the stablecoin’s issuer, says the designation of the token is an important step for regulatory clarity.
No progress has been made recently on the delayed CLARITY Act, the crypto market structure bill, primarily due to opposition from the banking sector over stablecoin rewards. Despite this stalemate, White House Crypto Advisor Patrick Witt has been vocal in advocating for the bill’s passage. Witt Calls Out Banks For Undermining Crypto Progress In a social media post on Tuesday, Witt emphasized the importance of keeping the CLARITY Act a pro-innovation piece of legislation. He criticized efforts to co-opt the legislative process into an anti-competition framework, labeling such actions as “shameful.” Related Reading: Ripple Launches $750 Million Share Buyback, Boosting Valuation To $50 Billion His comments echo President Donald Trump’s recent support for the cryptocurrency industry, in which Trump alleged that banks are attempting to undermine both the overarching crypto framework and the GENIUS Act, signed last year. The President accused financial institutions, despite their record profits, of resisting policies that aim to create greater opportunities within the digital asset sector. However, on Wednesday, Witt intensified his criticism of the banking sector’s opposition to stablecoin rewards, stating: Arguably my favorite part of this rewards/yield debate has been when bankers say, ‘if we allow this, then we’ll see massive deposit flight.’ Crypto has already been offering rewards/yield on stablecoins FOR YEARS. Where is the deposit flight? Is it in the room with us right now? CLARITY Act In Jeopardy? The traditional banking sector contends that stablecoin products offering rewards could siphon deposits from traditional banking institutions, ultimately diminishing the funds available for local lending activities. In response, crypto executives have been defending the concept of consumer choice and the benefits of open competition. Some contend that restrictions on stablecoin rewards would disproportionately protect bank profit models while limiting individuals’ control over their finances. Related Reading: XRP Price Outlook: Analyst Foresees New All-Time Highs Above $40 In 2026 Witt has previously stated that a lack of compromise on the CLARITY Act equates to no restrictions on intermediaries providing stablecoin rewards. He added, “If you believe the banks’ argument about deposit flight, this would be catastrophic.”However, the CLARITY Act faces additional unresolved challenges. Some Democratic senators are pushing for stronger anti-money laundering (AML) safeguards, measures addressing alleged risks associated with decentralized finance (DeFi), and tighter restrictions on personal crypto holdings for senior government officials. While the Senate Agriculture Committee has approved its section of the bill, ongoing discussions within the Senate Banking Committee aim to address these remaining issues. As of now, it remains uncertain when a compromise will be reached, leaving the future of the CLARITY Act hanging in the balance. Featured image from OpenArt, chart from TradingView.com
Andreessen Horowitz partner Noah Levine says AI agents made $1.6 million in payments in the past month, which “is not a big number, but the infrastructure being built around it is.”
A Bonk operator said hackers set up a faulty terms-of-service message, but noted that losses from the security breach were minimal.
OP Labs' restructuring reflects a broader trend in the crypto industry towards strategic focus and efficiency amid evolving market conditions.
The post OP Labs cuts 20 employees as Ethereum L2 developer narrows strategic focus appeared first on Crypto Briefing.
Kalshi claims in a preemptive lawsuit that there is “a substantial risk” that Iowa will take action against it after a meeting it had with state regulators.
Global demand for the US dollar is “massive,” and stablecoin yields will only bring more interest to the currency, argued the White House crypto chief.
Dogecoin corrected some gains and traded below $0.0950 against the US Dollar. DOGE is now holding the $0.0915 support and might aim for a fresh increase. DOGE price started a fresh downside correction below $0.0950. The price is trading above the $0.0920 level and the 100-hourly simple moving average. There is a declining channel forming with support at $0.0912 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.0910. Dogecoin Price Trims Gains Dogecoin price started a downside correction after it failed to stay above $0.0980, like Bitcoin and Ethereum. DOGE declined below the $0.0965 and $0.0950 levels. There was a move below the 50% Fib retracement level of the upward move from the $0.0859 swing low to the $0.1004 high. The price even spiked below $0.0950 before the bulls appeared. The price is now forming a base above $0.0920 and preparing for the next move. There is a declining channel forming with support at $0.0912 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.0920 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.0940 level. The first major resistance for the bulls could be near the $0.0955 level. The next major resistance is near the $0.0980 level. A close above the $0.0980 resistance might send the price toward $0.10. Any more gains might send the price toward $0.1050. The next major stop for the bulls might be $0.1120. More Losses In DOGE? If DOGE’s price fails to climb above the $0.0950 level, it could continue to move down. Initial support on the downside is near the $0.0915 level. The next major support is near the $0.090 level or the 76.4% Fib retracement level of the upward move from the $0.0859 swing low to the $0.1004 high. The main support sits at $0.0860. If there is a downside break below the $0.0860 support, the price could decline further. In the stated case, the price might slide toward the $0.0825 level. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.0920 and $0.0880. Major Resistance Levels – $0.0950 and $0.0980.
nvestors are closely watching the upcoming U.S. Consumer Price Index release, which could influence Federal Reserve policy expectations and risk appetite.
Industry groups have criticized the UK’s proposed stablecoin holding limits, arguing they would signal that the UK is hostile to crypto and stifle innovation.
Metaplanet is launching two subsidiaries and backing Japan's first licensed yen stablecoin as it bets on the country's digital asset infrastructure.
Daniel Cheung, co-founder of Syncracy Capital, says Hyperliquid’s native token HYPE is beginning to resemble Solana’s setup before its last major run, arguing that the protocol has become the clearest center of real trading activity in crypto. In a series of posts on X over the past month, Cheung laid out an increasingly aggressive thesis: Hyperliquid is not just outperforming within crypto, but could emerge as a broader financial trading platform with appeal beyond the sector. Cheung’s most direct comparison came this week. “HYPE at $35 feels similar to SOL at $20 before its last cycle rally,” he wrote, framing Hyperliquid as an early-stage winner before a broader market expansion. He tied that view to what he sees as the protocol’s current market position: “Hyperliquid is currently the main chain where trading activity is happening and the only chain bringing new users into crypto right now given its offering around 24/7 markets.” Related Reading: Arthur Hayes Predicts Hyperliquid’s HYPE Is Headed To $150 By August 2026 What Cheung appears to be invoking is Solana’s move from a battered late-2022 asset into one of the cycle’s biggest winners. After trading around $8 at the end of 2022 and still hovering near $23 in September 2023, SOL eventually climbed to a fresh all-time high of $295.83 in mid-January 2025. From a $20 reference point, that would imply a rally of roughly 1,379%. That argument is notable because it does not rest primarily on meme-driven activity, which has often powered attention cycles elsewhere. Cheung said Hyperliquid is “gaining significantly more media attention and respect” because its use cases are “centered around much more than dogshit memes.” In his telling, that gives the project a stronger foundation if speculative conditions improve again. Across several posts, Cheung repeatedly described Hyperliquid less as a single-app crypto trade and more as a category-defining trading venue. On Feb. 28, he wrote, “Becoming more clear by the day that Hyperliquid is the financial trading platform of the future and that generational wealth will be made longing this coin. Think this has a chance to flip Robinhood, Interactive Brokers etc… Hyperliquid is out innovating peers.” Related Reading: Apollo Crypto Explains Why Hyperliquid Is Its Top Altcoin Holding That is a large claim, and Cheung presented it as a product and market-structure thesis rather than a short-term price call alone. His view appears to hinge on two linked assumptions: first, that perpetual futures become a much larger category than the market currently prices in, and second, that Hyperliquid captures a disproportionate share of that expansion because it is already where users are trading. He made that point more explicitly on Feb. 12, when he said investors were missing “two things” in the current market. The first was that “HYPE is the most exciting startup not in AI and will eventually flip COIN and HOOD.” The second was that “the perps category will be bigger than anyone expects,” adding that another asset, LIT, looked deeply undervalued relative to HYPE on a fee basis. Cheung’s posts also make clear that timing matters. On March 9, he said “HYPE to $120+” would be “pretty easy once the crypto bull market comes back,” before adding: “We are close.” That suggests his target is not based on Hyperliquid operating in isolation, but on the idea that a renewed bull phase would amplify an already strong relative position. Notably, BitMEX founder Arthur Hayes recently argued that HYPE could reach $150 until August this year. At press time, HYPE traded at $36.16. Featured image created with DALL.E, chart from TradingView.com
Brent crude surged 10% after attacks on two oil tankers in Iraqi waters, with the prompt spread hitting levels not seen in years and MSCI Asia Pacific stocks falling 1.8%.
OP Labs CEO and Optimism co-founder Jing Wang clarified that the layoffs were not driven by financial difficulties.
XRP price failed to stay above $1.3950 and started a downside correction. The price is now holding the $1.3680 support but is at risk of more losses. XRP price started a downside correction and declined below $1.4050. The price is now trading near $1.3720 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $1.3910 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above $1.3680. XRP Price Corrects Gains XRP price failed to stay above $1.4120 and started a downside correction, like Bitcoin and Ethereum. The price dipped below the $1.4050 and $1.4020 levels to enter a negative zone. The price even dipped below the 50% Fib retracement level of the upward move from the $1.3217 swing low to the $1.4430 high. Besides, there is a new bearish trend line forming with resistance at $1.3910 on the hourly chart of the XRP/USD pair. The price is now trading near $1.3720 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.3840 level. The first major resistance is near the $1.3920 level, above which the price could rise and test $1.40. A clear move above the $1.40 resistance might send the price toward the $1.4140 resistance. Any more gains might send the price toward the $1.4250 resistance. The next major hurdle for the bulls might be near $1.450. More Downside? If XRP fails to clear the $1.40 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.370 level. The next major support is near the $1.3680 level and the 61.8% Fib retracement level of the upward move from the $1.3217 swing low to the $1.4430 high. If there is a downside break and a close below the $1.3680 level, the price might continue to decline toward $1.340. The next major support sits near the $1.3250 zone, below which the price could continue lower toward $1.3120. Any more losses might call for a test of $1.3050. 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 – $1.3680 and $1.3250. Major Resistance Levels – $1.3910 and $1.4000.
Metaplanet said the new firm would support Japan-based Bitcoin projects in the payments and lending space in addition to stablecoins and tokenization-focused startups.
The agencies have moved to coordinate oversight, in a bid to end years of regulatory overlap on the treatment of crypto.
The hacking incident exacerbates BONK.fun's declining market position, highlighting vulnerabilities in decentralized platforms.
The post BONK.fun team account hacked and used to launch wallet drainer on site appeared first on Crypto Briefing.
The operator, known as Tom, said only users who signed a fake terms-of-service message on the compromised site after the breach were affected.