Author: boss

Spot Crypto Volumes Drop Nearly 20% in March – Crypto News Bitcoin News

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Key Takeaways: Exchange data shows March spot volumes fell 19.4%, led by Upbit’s 39.4% drop. Coinbase derivatives rose 41.4% as the total fell 2.9%, shifting activity to select platforms. Data from Coingecko showed exchange traffic dipped 2.34% in March, signaling softer demand and tougher exchange competition. Exchange Activity Weakens as Trading Volumes Decline Crypto trading activity cooled in March, with spot market volumes posting a sharp decline across major exchanges, according to data compiled by Wu Blockchain. Spot trading volumes fell by roughly 19.4% compared with February, with every major…

Binance’s CZ Hopes Crypto Will Disappear Into Everyday Technology

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Binance co-founder Changpeng ‘CZ’ Zhao said he hopes that cryptocurrencies and blockchain will simply become an invisible part of daily infrastructure by 2031, much like the internet today.  Speaking on Scott Melker’s Wolf of All Streets podcast posted Thursday, Zhao said that while new use cases and advances will continue to emerge, he hopes talk of the technology will subside as it becomes part of everyday life.  “I’m hoping that we don’t talk about crypto as crypto in five years, just like we don’t talk about the internet anymore, we…

Japan regulates crypto assets as financial instruments

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The Japanese government amended the Financial Instruments and Exchange Act on Friday to classify crypto assets as financial instruments. The amendment also bans insider trading and other activities that involve buying and selling based on undisclosed information, Nikkei reported. The amended act will also now require cryptocurrency “issuers” to be more transparent and disclose information once a year. Japan’s Financial Services Agency has previously regulated crypto assets under the Payment and Settlement Act, citing their potential use as a means of payment. However, the regulations and classifications have been updated…

BlackRock’s IBIT Clocks Biggest BTC ETF Inflow in a Month

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Investors piled $269.3 million into BlackRock’s iShares Bitcoin Trust on Thursday, in its best-performing day since early March, around the time the US-Iran war started to kick into high gear.  The inflows helped to end two days of net outflows among the 12 US spot Bitcoin ETFs, which recorded a net inflow of $358.1 million. Bitcoin ETF inflows are just one way to gauge retail and institutional demand for Bitcoin. The Fidelity Wise Origin Bitcoin Fund (FBTC) brought in the second most inflows at $53.3 million, while the new Morgan…

Zcash Breaks Out With 34% Surge—Is $440 The Next Target?

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Why is Bitcoin price stuck today?

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Bitcoin’s push past $73,000 quickly lost steam as the market shifted focus back to a shaky truce between the U.S. and Iran. Summary Bitcoin failed to hold above $73,000 as Iran tensions and weak US data weighed on sentiment. Oil near $97 and a 0.4% rise in core PCE added pressure on risk assets. While a brief rally took place after rumors surfaced that Iran might accept Bitcoin as payment for cargo ships moving through the Strait of Hormuz, the excitement faded. Investors are now worried that geopolitical friction could…

AlphaTON Capital Scales Confidential Compute With $43M Vertical Data Infrastructure Deal – Bitcoin News

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Key Takeaways: AlphaTON Capital (Nasdaq: ATON) signed a $43 million AI infrastructure deal with Vertical Data, expected to close in Q2 2026. The agreement deploys Nvidia B300 GPU clusters financed through Vertical Data’s GPUfinancing.com non-recourse platform. AlphaTON will use expanded compute to support partners, including Telegram, Animoca Brands, and Midnight Blockchain. AlphaTON Capital CEO Brittany Kaiser Signs $43M Vertical Data GPU Deal for Decentralized AI AlphaTON Capital’s deal, announced Thursday, deepens an existing partnership between the two companies. AlphaTON (Nasdaq: ATON), which focuses on privacy-preserving AI systems and decentralized compute,…

Solana (SOL) Maintains Strength, Gradual Gains Signal Bullish Bias

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Solana failed to stay above $85 and corrected some gains. SOL price is now consolidating and might aim for another increase above $85. SOL price started a downside correction below $84 against the US Dollar. The price is now trading above $82 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $82.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $80 zone. Solana Price Remains Supported Solana price failed…

Expert Forecasts Bitcoin Surge To $80,000 Amid US-Iran Ceasefire And Oil Price Drop

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Market expert Sam Daodu has released a new April outlook for Bitcoin (BTC), flagging geopolitical developments and macroeconomic forces as the decisive factors for where prices may go next.  Daodu’s note comes after Bitcoin ran into resistance just above roughly $72,000 and amid a market environment that has produced the asset’s first consecutive quarterly losses since 2022. Bitcoin Faces Unusual April Daodu pointed to Bitcoin’s historical tendency to finish April in the black: since 2013, the token has closed the month higher nine times out of 13, a 69% win…

Musk’s xAI Sues Colorado over AI Law

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Elon Musk’s artificial intelligence company, xAI, has filed a lawsuit against the state of Colorado, seeking to block incoming AI rules that restrict speech from AI chatbots like Grok. The AI company is specifically challenging Colorado’s Senate Bill 24-205, which aims to protect AI users from “algorithmic discrimination” in areas like employment, housing and finance.  However, in a filing to a US district court in Colorado on Thursday, xAI argued that “Colorado cannot alter xAI’s message simply because it wants to amplify its own views on the highly politicized subjects…