XRP Downtrend Deepens as Key Support Faces Pressure At 9:11 a.m., XRP is trading at $1.33247, extending its recent decline as the price presses toward the lower end of its intraday range. The asset is down 3.07% over the past 24 hours, with the session high at $1.38237 and the low at $1.32559. Recent candles show a steady drift lower, with only brief attempts at stabilization failing to shift the broader short-term direction. From a 4-hour chart, XRP has formed a clear sequence of lower highs and lower lows following…
Category: News
Bitcoin ETFs See $171 Million Outflow as Ether Extends Losing Streak – Markets and Prices Bitcoin News
Crypto ETFs Slide Again: Bitcoin, Ether ETFs Deepen Losses While Solana Also Slips Confidence continues to erode across crypto ETFs. What began as a mild pullback has now turned into a more persistent wave of outflows, with little sign of immediate reversal. Bitcoin ETFs recorded a sharp $171.22 million in net outflows, marking another difficult session for the asset class. The selling was broad and consistent. Seven funds posted redemptions, highlighting the depth of the pullback. Blackrock’s IBIT led the decline with $41.92 million in outflows, followed by Bitwise’s BITB…
Bitcoin Preps Sixth Red Month in a Row as Oil Fears Surge
Bitcoin (BTC) neared $66,000 at Friday’s Wall Street open as analysis called US inflation trends “objectively unsustainable.” Key points: Bitcoin drops further on oil-supply woes as Iran closes the Strait of Hormuz. BTC price performance is set to seal its sixth straight month of losses at the March close. Traders eye the lows with $70,000 back as resistance. Oil squeeze creates US bond-market havoc Data from TradingView captured ongoing BTC price losses, which approached 4% on the day and threatened to turn March into Bitcoin’s sixth consecutive “red” month. BTC/USD…
ONDO Crypto Surges with Franklin Templeton Partnership
Ondo crypto is trading against the grain. While broad crypto markets bleed, ONDO is posting a notable intraday gain, up roughly +5% on the day, trading at $0.262, while most altcoins are dropping heavily. The catalyst appears institutional, and the timing is deliberate. A freshly announced partnership with Franklin Templeton has injected rare narrative momentum into a token that, technically speaking, still has a long road to recovery. Ondo Finance and Franklin Templeton have confirmed a collaboration to tokenize five of Franklin Templeton’s exchange-traded funds on the Ondo Global Markets…
UK Slaps Sanctions On $20B Crypto Black Market Tied To Southeast Asia Scam Rings
Blockchain analytics firm Chainalysis puts the number at close to $20 billion — the estimated volume of dirty money that flowed through Xinbi, a Chinese-language crypto marketplace, between 2021 and 2025. Now the UK government wants to shut it down. Related Reading Scam Hubs At The Center Of It All Britain’s Foreign, Commonwealth & Development Office announced Thursday that it has imposed sweeping sanctions on Xinbi, a platform accused of providing crypto-based services, scam tools, and other criminal resources to bad actors across Southeast Asia. The move freezes any UK-linked…
Options Market Flashes Red Warning Signal
Bitcoin fell to its lowest level in over two weeks as traders adopted a more cautious stance after the year’s biggest options expiration, Bloomberg reported. At the moment of writing, BTC trades for the highs $66k. Related Reading Bitcoin Options Market Turns Defensive The drop followed the largest Bitcoin options expiry of 2026 so far, with roughly $14 billion in notional contracts rolling off on Friday. Around 30–40% of open interest in front‑month Bitcoin options was wiped out in a single session, leaving a “cleaner” positioning landscape. Spot volumes picked…
Bitcoin Drops Below $67,000 as Geopolitical Tensions and $14B Options Expiry Weigh on Markets – Markets and Prices Bitcoin News
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.…
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 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…
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…