The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Some crypto advocates argue the decision could open the door to payment-focused financial institutions that operate without traditional deposit-lending models.
Warsh's potential Fed leadership could shift US monetary policy towards embracing blockchain innovation and regulated crypto integration.
The post White House submits nomination of Kevin Warsh for Fed chair to Senate appeared first on Crypto Briefing.
Bitcoin (BTC) has climbed back above the $73,000 level for the first time since early February, marking a notable recovery for the cryptocurrency. As momentum builds, some analysts believe the move could extend further if current trends remain intact. Among them is market analyst Ali Martinez, who shared his outlook in a recent post on X. According to Martinez, Bitcoin may be positioning itself for what he describes as a potential relief rally. ETF Accumulation And Thin On-Chain Resistance From an on-chain standpoint, Martinez highlighted the role of spot Bitcoin exchange-traded funds (ETFs), which continue to absorb supply at a steady pace. He noted that ETFs purchased approximately $776 million worth of BTC last week alone. The pace has not slowed this week. Since the week began on March 2, ETF inflows have already reached around $789 million — and the week is still ongoing. That scale of accumulation points to sustained institutional demand, which can provide meaningful support during breakout attempts. Related Reading: MARA Revises Bitcoin Treasury Strategy, Opens Door To Selling $3.5 Billion In BTC Beyond capital flows, Martinez also pointed to blockchain data that suggests limited resistance immediately above current price levels. Using the URPD (UTXO Realized Price Distribution), he observed that a major resistance cluster previously sat near $70,685. With Bitcoin now above the key price zone of $72,000, the supply concentration between this area and $81,000 appears comparatively thin. According to CoinGecko data, the BTC price has surged 7% to $73,200 at the time of writing. In practical terms, this means there are fewer historically established sell levels within that range. If buying pressure continues to build, Martinez believes that the Bitcoin price could move more freely through this “low supply” area. Bitcoin Rally Could Extend Toward $84,000 The next significant concentrations of supply, according to Martinez, are positioned around $83,307 and $84,569. Those levels may serve as stronger resistance should Bitcoin’s rally extend into that territory. Related Reading: CFTC Chair Says Crypto Perps Approval Is Close — Why This Is Huge For Hyperliquid? Martinez concluded that a confirmed breakout above current levels, supported by persistent ETF inflows, lighter on-chain resistance, and strengthening technical structure, could create the conditions for a short-term expansion higher. Featured image from OpenArt, chart from TradingView.com
Sui launches USDsui stablecoin issued by Stripe, expanding payments and DeFi infrastructure across the Sui ecosystem.
The post Sui rolls out USDsui stablecoin offering yield access across major DeFi protocols appeared first on Crypto Briefing.
Trump's direct involvement is required, but it is hard to see that occurring while the U.S. is in armed conflict with Iran, TD said.
The core developer behind Sui designed the network to outperform other blockchains in terms of speed and scalability.
Davide Crapis, the foundation's AI lead, sees the network acting as a coordination and verification layer in an increasingly AI-mediated world.
The crypto exchange added 17 tokenized stock pairs and seven defense and energy equities through its partnership with Ondo Finance.
This partnership highlights the growing integration of traditional finance with blockchain, potentially transforming global remittance efficiency.
The post Western Union teams up with Crossmint to expand USDPT stablecoin access on Solana appeared first on Crypto Briefing.
Backpack plans to offer IPO share allocations onchain via Solana through a partnership with Superstate, giving users early IPO access.
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Kraken became the first crypto bank to receive a Fed master account on Wednesday. The banking industry is not pleased.
Kevin de Patoul argues that 2026 won't be a washout for digital assets, but instead a structural reset as traditional finance quietly moves onchain.
CoinDesk was able to confirm the meeting between the US president and the Coinbase CEO took place as Politico initially reported.
A crypto analyst has pinpointed critical price levels from past cycles on the Bitcoin chart that could determine the cryptocurrency’s next moves in this cycle. He has highlighted Bitcoin’s former all-time high target of $65,000 and a distinct 200-week Simple Moving Average (SMA) at $58,000 as key levels to watch. Bitcoin’s 200W SMA Highlighted As Key Watch Zone Crypto analyst VirtualBacon has taken to X to share new technical chart analysis, outlining two critical Bitcoin price levels he believes investors and traders should watch as the cryptocurrency continues its downward slide. Elaborating further in a video, VirtualBacon pointed to $65,000 and $58,000 as the zones worth paying attention to for anyone seeking a good buy opportunity in the current market environment. Related Reading: Elliot Wave Theory Says Bitcoin Price Is Headed To $40,000, But The End Game Will Shock You VirtualBacon highlighted $58,000 as his most closely watched level, where the 200W SMA currently resides. The analyst described this indicator as one of the most consistently reliable buying zones in Bitcoin’s history, citing a track record spanning multiple market cycles. He noted that during the 2015 bear market, Bitcoin’s price touched the 200W SMA four times without ever closing below it on a weekly candle. In 2018, the 200W SMA marked the absolute bottom of that cycle’s sell-off. The COVID-19 crash of 2020 also found support precisely at this same level. The one exception came in June 2022, when the price briefly wicked below the average before consolidating, then declined further by 25% following the collapse of FTX later that year. VirtualBacon acknowledged the 2022 breakdown but emphasized that the 200W SMA near $58,000 remains a highly significant level, given how consistently it has served as a floor throughout Bitcoin’s history. In his view, the $58,000 level represents an area where long-term investors have historically stepped in, often accumulating at the bottom ahead of a strong price rally. Analyst Marks Former Bitcoin ATH As Buying Opportunity In his analysis, VirtualBacon identified $65,000 as the first level to watch, which corresponds to Bitcoin’s previous all-time high from the 2021 bull cycle. The analyst noted that Bitcoin has already reached this area in the current cycle, arguing that, historically, former ATHs often become meaningful support when price revisits them. For investors who agree with this thesis, the analyst has suggested considering $65,000 as a potentially reasonable entry point into the market. Related Reading: Bitcoin Fear Has Been This Low Only 2 Times In History, Here’s What Follows Each Time Notably, VirtualBacon’s Bitcoin analysis comes at a time when sentiment across the crypto market remains fragile, with retail investors unsure whether the decline in the BTC price signals a strategic buying opportunity or the beginning of a deeper pullback. Bitcoin’s prolonged sideways trading has also done little to restore confidence, instead fueling fear among market participants. Earlier this week, the cryptocurrency briefly fell below $64,000 after reports emerged about the US and Israel airstrikes on Iran. The cryptocurrency has since rebounded above $70,000, marking a 24-hour increase of more than 8%. Featured image from Pixabay, chart from Tradingview.com
Fundraising platform Giving Block said it facilitated more than $100 million in total crypto donations to charities in 2025, a surge possibly aided by a change in US laws.
The cryptocurrency market staged a strong rally today, with Bitcoin climbing past $73,000 and lifting the broader market alongside it. The sudden surge pushed the total crypto market capitalization to roughly $2.47 trillion, marking one of the strongest intraday moves in recent weeks. Bitcoin led the advance, trading near $72,700–$73,000 after gaining more than 5.5% …
Despite global tensions, Bitcoin's resilience hints at a strong long-term future for crypto investments.
The post Rob Hadick: Crypto markets show resilience amid global downturns, geopolitical tensions raise stagflation risks, and confusion over monetary policy reaches new heights | Unchained appeared first on Crypto Briefing.
Bitcoin rose above $70,000 today for the first time since early February, extending a rebound that is starting to look less like a brief relief rally and more like a market trying to reverse momentum after months of heavy selling. CryptoSlate data showed Bitcoin gaining over 7% on the day, lifting the flagship digital asset […]
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In the opening primaries of the midterm congressional contests, Fairshake is celebrating victories of several pro-crypto candidates backed by the super PAC.
Kraken's Fed access could catalyze a seamless integration of digital assets into traditional banking, reshaping the financial services landscape.
The post Senator Lummis says Kraken’s master account opens door for Bitcoin adoption in banks appeared first on Crypto Briefing.
Fresh allocations to spot bitcoin ETFs suggest investors are growing more comfortable despite the asset still being down 16% this year.
In this week’s Crypto Long & Short Newsletter, Martin Gaspar on how bitcoin looks to overcome quantum fears, echoing past climate backlash.
Also: OKX and AI agents, Future AI users of blockchain and Bitcoin’s latest governance clash.
Bitcoin has broken above $73,000 after weeks of consolidation, but traders remain divided over whether the move marks a genuine breakout or another trap for late buyers.
Morgan Stanley's updated S-1 filing named Coinbase and BNY as custodians for its proposed bitcoin exchange-traded product.
Founders Fund’s exit from ETHZilla highlights volatility, balance sheet strain and the challenges facing public Ether treasury strategies.
Bitcoin surged above $73K amid USIran tensions, lifting crypto markets and related stocks as investors pivot back to digital assets.
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Coming as BTC exchange-traded fund flows turn positive, the moves follow the Wall Street bank's applications with the SEC for Bitcoin and Solana funds.
The crypto market is showing renewed strength after Bitcoin broke above its recent consolidation range. The move has lifted overall market sentiment, with Ethereum reclaiming the crucial $2,000 level and supporting momentum across the altcoin market. Avalanche is among the tokens benefiting from this shift in sentiment. The AVAX price has recently broken out of …