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…
Category: Bitcoin News
Bitcoin drops $6K in 48 hours as altcoins follow lower
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
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
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,…
A16z Is Uniswap’s Top Voter, One-Third of Voters Unidentifiable – Bitcoin News
Top 100 Holders Control 80% of DeFi Governance Tokens, ECB Study Finds The working paper, ECB Working Paper No. 3208, examined governance data from four protocols, Aave, MakerDAO (now rebranded as Sky), Ampleforth, and Uniswap, across two snapshots in time: November 2022 and May 2023. The protocols were selected for their size and representation of different decentralized finance (DeFi) activity categories, collectively holding roughly 32% of total value locked on Ethereum at the time of data collection. Token concentration figures were stark. ECB researchers state that the top 100 holders…
Nvidia Crypto Revenue Lawsuit Gets Class Certification From California Federal Court – Legal Bitcoin News
Judge Rules Nvidia Investor Fraud Lawsuit Can Proceed as Class Action U.S. District Judge Haywood S. Gilliam Jr. of the Northern District of California certified the class in In re Nvidia Corporation Securities Litigation (Case No. 4:18-cv-07669-HSG), clearing the case to move forward as a collective action on behalf of investors who bought or acquired Nvidia common stock between Aug. 10, 2017, and Nov. 15, 2018. Plaintiffs allege that Nvidia and CEO Jensen Huang made materially misleading statements to investors during that period, specifically by downplaying how much of the…
US Lawmaker Probes Federal Reserve Approval of Kraken, Warns of ‘Critical’ Risk – Featured Bitcoin News
Lawmaker Presses Fed Over Crypto Account Approval Heightened scrutiny over access to U.S. payment infrastructure is intensifying as policymakers examine crypto integration. Congresswoman Maxine Waters (D-CA), ranking member of the House Financial Services Committee, sent a letter on March 26, to Federal Reserve Bank of Kansas City President and CEO Jeff Schmid seeking details on the approval of a limited purpose account for Kraken Financial. Regulatory uncertainty has emerged around how this approval fits within existing Federal Reserve frameworks, particularly given the absence of a defined category for such accounts.…
Bitwise Signals End of Anticipation Phase as Institutions Embed Into Crypto – Featured Bitcoin News
Institutional Capital Accelerates Crypto Integration as Allocations and Product Access Rapidly Expand Institutional capital rotation into crypto markets is accelerating, with Bitwise CEO Hunter Horsley signaling a transition from anticipation to active deployment. He framed the shift as a near-term inflection point driven by sustained inflows and expanding participation from large allocators. The executive expressed on March 27 via social media platform X: “The ‘institutions are coming’ phase is about to be over. They’re here, or arriving shortly.” He pointed to visible allocation activity already underway across the sector. “Countless…
Cryptoquant – Crypto News Bitcoin News
Cryptoquant Says Bitcoin Treasury Summer Is Over Outside Strategy The data reveals a stark split in the corporate bitcoin market. Strategy‘s buying represents its highest 30-day purchase volume since April 2025. Every other publicly traded company holding bitcoin in treasury has, by comparison, nearly stopped buying. Cryptoquant researchers tracked the collapse in detail. Non-Strategy treasury companies purchased a combined 1,000 BTC in the last 30 days—a 99% decline from the August 2025 peak of 69,000 BTC. Their share of total corporate bitcoin purchases has fallen to 2%, down from 95%…
Kalshi Approved for Margin Trading After Affiliate Kinetic Markets Gets FCM Registration – Bitcoin News
Kalshi Margin Trading Approved The NFA filing lists Kinetic Markets as both an FCM and swap firm. Bloomberg was the first to report on the NFA filing. Kalshi Inc. holds a 10% or greater financial interest in the entity. Co-founders Tarek Mansour and Luana Lopes Lara are named as indirect owners, with Lior Samuel Hirschfeld serving as CEO of Kinetic, Sam Rosner as CFO, and Joshua Andrew Beardsley as chief compliance officer. Until now, Kalshi operated on a fully collateralized model, requiring traders to post 100% of a contract’s value…