Category: Bitcoin News

Saudi Arabia’s East-West Pipeline Hits 7 Million Barrels Per Day as Hormuz Closure Enters Fifth Week – Bitcoin News

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Hormuz Crisis Week Five: Saudi East-West Pipeline Now Global Oil Market Lifeline Saudi Aramco CEO Amin Nasser told analysts on March 10 that full capacity was days away. Bloomberg confirmed the pipeline hit that mark on March 28, 2026. The route runs from the Abqaiq oil processing hub in the east across the Arabian Peninsula to the Red Sea port of Yanbu. Aramco built it in the 1980s during the Iran-Iraq War for exactly this kind of contingency. In normal times, the pipeline carried between 1.7 and 2.8 million barrels…

Federal Judge Blocks Pentagon From Labeling Anthropic a National Security Threat – Bitcoin News

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Court Halts Trump Administration’s Ban on Anthropic’s Claude AI for Federal Agencies U.S. District Judge Rita F. Lin issued the preliminary injunction on March 26, finding that the government’s actions against Anthropic likely violated the First Amendment, denied the company due process, and exceeded statutory authority under the Administrative Procedure Act. The ruling is stayed for seven days, giving the administration until approximately April 2 to file an emergency appeal with the Ninth Circuit. The dispute began when the Department of Defense (DoD) sought unrestricted access to Claude for federal…

Morgan Stanley Eyes Dominance in Bitcoin ETFs as Its Low Fee Undercuts Blackrock’s IBIT – Featured Bitcoin News

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Morgan Stanley Undercuts Blackrock With Low-Fee Bitcoin ETF Filing A shift in bitcoin exchange-traded funds (ETFs) pricing is emerging after Morgan Stanley filed Amendment No. 3 to its S-1 registration on March 27, outlining a proposed low-fee structure for a spot bitcoin product. The filing signals a potential inflection point for cost dynamics and competition among issuers. Bloomberg ETF analyst Eric Balchunas shared on social media platform X: “Semi-shock: Morgan Stanley’s bitcoin ETF will charge 14bps, making it the cheapest spot bitcoin ETF on the market and 11bps cheaper than…

Trump Pushes US Toward Undisputed Crypto Capital and Bitcoin Superpower – Featured Bitcoin News

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Trump Signals Aggressive Push Toward Crypto Leadership A stronger federal push toward digital assets emerged as U.S. President Donald Trump addressed the Future Investment Initiative Summit in Miami on March 27. The remarks emphasized positioning the United States at the center of bitcoin adoption and crypto market expansion. “My administration has also worked tirelessly to ensure that America remains at the bleeding edge of crypto revolution. We’re really doing great. And if we’re not going to do it, then China is going to take it over. They want to do…

Stablecoin Market Drops $1.04B This Week as USDC Leads Outflows While USDT Holds 58% Dominance – Bitcoin News

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USDC Sees $1.37B in Outflows as Stablecoin Market Shrinks As of this weekend, defillama.com stats show tether ( USDT) continues to dominate the sector with a market capitalization of $184.068 billion, even after a modest seven-day dip of -0.03%, or just over $56 million in outflows. USDT currently accounts for 58.42% of the stablecoin sector’s total valuation, which stands at $315.072 billion after the $1.04 billion loss. Circle’s USDC follows with a market cap of $77.723 billion, though it logged a steeper weekly decline of -1.73%. That places USDC’s outflows…

Binance Pay Reaches 21M+ Merchants Signaling Mainstream Shift in Crypto Payments – Exchanges Bitcoin News

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Binance Drives Global Crypto Payments as More Than 21M Merchants Join Digital payment adoption is accelerating across global commerce as crypto-based systems expand their reach. Binance CEO Richard Teng posted on X this week that more than 21 million merchants now accept Binance payments, signaling increased real-world usage. The executive wrote: “21M+ merchants already accept Binance payments. Crypto is becoming the global standard for commerce.” Binance Pay enables transfers without gas fees, allowing users to send funds directly while selecting preferred assets or adjusting payment order during checkout. “More than…

Is Bitcoin About to Drop Again? BTC Tests Critical $65.5K Support Level – Markets and Prices Bitcoin News

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Is Bitcoin About to Drop Again? BTC Tests Critical $65.5K Support Level Price action on bitcoin‘s daily chart reflected a continuation of a broader downtrend that followed a lower high near the $76,000 region. The current zone around $66,000 to $67,000 has emerged as tentative support, but the inability to reclaim higher levels underscores persistent weakness. A break below $65,000 would expose downside toward $62,000, while resistance remains stacked between $70,000 and $72,000, leaving bitcoin in a structurally vulnerable position despite short-term stabilization. BTC/USD 1-day chart via Bitstamp on March…

Bitcoin drops $6K in 48 hours as altcoins follow lower

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Bitcoin (BTC) moved lower this week after another failed attempt to break above $72,000. The decline pulled the wider crypto market down, while a few smaller tokens moved against the broader trend. Summary Bitcoin fell from $72,000 to $65,500 in 48 hours as sellers regained control across exchanges. Ethereum slipped below $2,000, BNB held near $610, and XRP stayed below $1.35 amid weakness. SIREN jumped over 100% in one day, even as the crypto market lost $60 billion. Bitcoin started the week under pressure after it failed to clear higher…

Bitcoin hits three-week low as $14B options expiry shakes bulls

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Bitcoin (BTC) extended its decline on Friday as traders reacted to the year’s largest options expiry and continued caution in crypto ETF flows.  Summary Bitcoin fell below $66,000 after $14 billion in options expired and ETF outflows persisted Friday. Whale and retail wallets added Bitcoin in March even as price dropped and sentiment weakened. Analyst XO said a drop toward $55,000 to $60,000 could set up longs in April. Consequently, the drop pushed the asset to its lowest level in more than three weeks, even as some market signals pointed…

Goldman Calls Bitcoin Bottom, Coinbase Provides Crypto Mortgages, and More – Week In Review – News Bitcoin News

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WEEK IN REVIEW VIX Jumps to 27 as $1 Trillion Leaves US Stock Markets on Iran Oil Shock U.S. markets sold off sharply on Thursday as escalating U.S.-Iran tensions sent oil prices higher and pushed investors away from equities, crypto, and even gold… read more Editor’s comment: The “buy the dip” mantra that has worked for equities bulls is going to be challenged. The VIX is quickly approaching “Liberation Day” and COVID levels, but this time, there’s no end in sight. Big legs down look imminent. Crypto Czar No More,…