Options Expiry Bitcoin (BTC) fractured a key psychological floor Friday, plunging below the $67,000 mark for the first time since March 9. The retreat comes as market patience wears thin over the White House’s erratic maneuvers in the Middle East and traders brace for a massive quarterly derivatives settlement. President Donald Trump’s latest ten-day reprieve on potential strikes against Iranian energy infrastructure failed to ignite the peace rally some investors had anticipated. Market data shows the top cryptocurrency plummeted to a session low of $66,201 at approximately 7 a.m. EST.…
Author: boss
Polymarket Secures $600M From Intercontinental Exchange in Final Funding Tranche – Crypto News Bitcoin News
ICE and Polymarket The owner of the New York Stock Exchange (NYSE), ICE, disclosed the transaction on Friday morning. The company also expects to purchase up to $40 million of Polymarket securities from existing holders, a secondary component that rounds out what was originally framed as an investment arrangement of up to $2 billion. The October 2025 deal marked ICE’s first direct commitment to Polymarket, a prediction market platform where users wager on the outcomes of real-world events. That initial tranche totaled $1 billion. The latest investment completes what ICE…
Bitcoin Slumps on Oil Fears as March Monthly Close Risks Deeper Sell-Off
Bitcoin grabbed downside liquidity as oil-supply pressure sent BTC price action below $66,500 to its lowest levels since March 9. Bitcoin (BTC) neared three-week lows into Friday’s Wall Street open amid reports of Iran closing the Strait of Hormuz oil route. Key points: Bitcoin reacts badly to fresh oil-supply threats ahead of Friday’s Wall Street open. BTC price action hunts bid liquidity, continuing a week of low-time frame liquidity grabs. Another bear flag threatens to send the market below $50,000, analysis says. Bitcoin eyes range lows into monthly close Data…
Bitcoin Drops Below $68K but Long-Term Holder Buying Accelerates
Bitcoin (BTC) dropped toward $67,000 during the European trading session on Friday despite an increase in long-term buying. Exchange withdrawals also increased to 16-month highs, suggesting reduced “immediate selling pressure,” a new analysis said. Key takeaways: Bitcoin withdrawals from exchanges increases, reducing BTC available for sale. Long-term holders accelerate accumulation, adding 155,450 BTC over the past 30 days. Bitcoin analysts view $65,000–$66,000 as a potential support zone for a bounce. Bitcoin supply tightens as long-term buying accelerates CryptoQuant’s exchange flow data highlighted “renewed signs of supply tightening,” as large Bitcoin…
Bitcoin and Ethereum drop as Iran raises Hormuz war risk
Two Chinese container ships linked to Cosco briefly moved toward the Strait of Hormuz on Friday before turning back near Iranian waters, adding to market concern over shipping access in the Gulf. Summary Two Chinese-linked ships turned back near Hormuz as Iran enforced stricter control over vessel movements. Iran warned certain ships against transit, calling the strait closed to its stated enemies. Bitcoin and Ethereum fell as geopolitical tension increased and uncertainty spread across global financial markets. Meanwhile, the moves came as Iran’s Revolutionary Guard repeated that traffic tied to…
Trust Will Become Crypto’s Real Currency In The AI Economy
Opinion by: Kirill Avery, founder and CEO of Alien AI-generated voices are already being used in ransom scams. Synthetic agents now trade, vote and interact on blockchain networks. In this environment, the greatest threat to crypto is no longer scalability or regulation; it is the collapse of trust. As deepfakes, bots and synthetic agents saturate every corner of the internet and as scams increased by 1,400% in 2025, authenticity is becoming a scarce resource. Scarcity produces markets. Every major technological shift has centered on what becomes hard to fake and…
What Every XRP Holder Must Understand As Activity Wanes
XRP holders have spent years waiting for the kind of breakout that turns patience into confidence. But a recent message from XRP analyst Bird cuts through the usual price talk with a more uncomfortable point: tokens do not go on a price rally by themselves. Holders who do not understand this may be waiting for a rally driver that they themselves are failing to build. The Lesson Every XRP Holder Must Understand Blockchain history does not leave much room for debate on the point of price appreciation. The chains that…
Tether Hires KPMG for First Full Financial Audit of USDT Reserves – Crypto News Bitcoin News
Tether Reported to Hire KPMG for First Full USDT Audit The Financial Times reported on Friday that KPMG is the firm selected to perform the audit, citing people familiar with the matter. Tether had announced the engagement three days earlier without naming the auditor, describing the process as “the biggest ever inaugural audit in the history of financial markets.” The company has also reportedly retained PwC to help prepare its internal systems, controls, and reporting ahead of the review. The audit covers Tether’s full balance sheet, including U.S. Treasuries, cash…
Australia Fines Binance $6.9 Million Over Client Misclassification – Crypto News Bitcoin News
Binance Hit With $6.9 Million Fine in Australia Case Binance’s Australian derivatives arm has been ordered to pay $6.9 million (A$10 million) after a federal court found serious failures in how it classified customers. The ruling marks one of the most significant enforcement actions against a crypto exchange in the country. The case stems from a lawsuit filed by the Australian Securities and Investments Commission (ASIC) in 2024. Regulators alleged that Binance Australia Derivatives misclassified a large portion of its users, exposing them to complex and high-risk crypto products without…
Bitcoin whales add 61,568 BTC as price slips again
Bitcoin (BTC) remained under pressure on Friday as on-chain data showed large holders were still adding to their positions. Summary Santiment said wallets holding 10 to 10,000 BTC added 61,568 Bitcoin over the past month. Bitcoin fell below recent highs as Bhutan-linked transfers and Middle East tensions added pressure again. Retail wallets with under 0.01 BTC kept buying, matching whale accumulation and delaying breakout signals. The move came as retail wallets also kept buying, while market sentiment stayed weak amid fresh geopolitical risk and renewed selling activity from Bhutan-linked wallets.…