Category: Other Crypto News

US Treasury Says ‘Lawful’ Crypto Users Have Valid Reasons To Use Mixers

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The Treasury’s report to the US Congress was commissioned as part of directives under the GENIUS stablecoin regulatory framework. The United States Treasury Department acknowledged the legitimate use of mixers, which obfuscate crypto transfers to preserve user privacy, in its report to Congress on “Innovative Technologies to Counter Illicit Finance Involving Digital Assets.”  “As consumers increase their use of digital assets for payments, individuals may want to use mixers to maintain more privacy in their consumer spending habits,” the report said. The Treasury report continued: “Lawful users of digital assets…

XRP Whale Outflows Continue On Binance — What’s Happening?

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According to recent on-chain data, large investors in the XRP market seem to be adjusting their positions. Further analysis suggests that if XRP finds favorable alignment with the current conditions, it could be at the start of a larger upside rally. 44 Million XRP Leave Binance Late In February  In a Quicktake post on CryptoQuant, market analyst Amr Taha shared that there have recently been major withdrawals of XRP tokens from Binance, the world’s largest cryptocurrency exchange by trading volume. This outflow trend is based on the Multi Exchanges Daily…

Bitcoin Losing Strength — $66,000 Now The Line Between Recovery And Crash

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Bitcoin is showing signs of weakening momentum as it struggles to regain higher ground, placing the market at a critical turning point. The $66,000 level has now emerged as a key support zone that could determine the next major move. Holding above it may give bulls a chance to spark a recovery, while a decisive break below could open the door for a deeper decline. Bitcoin Struggles Below Blue Box Resistance As Buyers Stay Quiet Bitcoin continues to trade below the blue box resistance, signaling that the market has yet…

Kalshi Faces Lawsuit Over Khamenei Prediction Market

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A class action lawsuit has been filed against prediction market Kalshi, alleging that the death carveout in the “Ali Khamenei out as Supreme Leader” market was not properly disclosed to users and that the platform failed to pay out winning trades. The plaintiffs said that the death carveout policy was “not incorporated into the user-facing rules summary,” and was not displayed in a way that would notify a “reasonable consumer” of the policy or its effects. “Defendants, themselves, later acknowledged that their prior disclosures were ‘grammatically ambiguous,’” the lawsuit filing…

Bitcoin ETFs Bleed $349M In A Day As Whales Dump

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Spot Bitcoin ETFs listed in the US recorded their steepest single-day outflow in nearly three weeks on Friday, with $349 million pulled from all 11 products combined, according to data from Farside. Related Reading The withdrawals came as Bitcoin slid back toward $68,000 after briefly touching $74,000 earlier in the week — a run-up that, based on on-chain data, appears to have been the trigger for a significant wave of selling by large holders. Big Holders Bought Low, Then Sold Fast Crypto analytics platform Santiment tracked the behavior of wallets…

Ethereum Rising Wedge Warning: Breakdown Could Send Price Toward $1,500

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Ethereum is showing early signs of a rising wedge formation, a pattern often associated with potential reversals. With key support under pressure, a breakdown from this structure could push the price lower, putting the $1,500 level firmly in focus as the next major target. A Rejection At Key High-Timeframe Support Luca, in a recent update, highlighted that Ethereum’s price has been rejected at the lost high-timeframe support range he referenced in previous PAT updates. This level also aligns with the 2D Bull Market Support Band at $2,180, making it a…

How Much Bitcoin Can Michael Saylor Buy via Strategy’s STRC Stock?

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Michael Saylor’s Strategy may purchase more Bitcoin (BTC) in the coming weeks through the proceeds from its STRC stock sales. Key takeaways: What is STRC stock? Michael Saylor’s Strategy (MSTR) owns about $50 billion in Bitcoin, the highest by any public company on record. Stretch (STRC) is Strategy’s income-focused preferred stock launched in July 2025 to raise capital for its Bitcoin accumulation strategy. In its IPO, the company raised about $2.521 billion gross and $2.474 billion net. It then used those proceeds to acquire 21,021 BTC at an average price…

XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11

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Crypto analyst Luke has drawn attention to an XRP bull flag breakout, which could send the price to $11, which would mark a new all-time high (ATH) for the altcoin. This comes as the altcoin faces further downside amid the U.S.-Iran war, which threatens to drag on for a long time.  XRP Eyes Rally To $11 Amid Bull Flag Breakout In an X post, Luke stated that a bull flag breakout is forming on the XRP weekly chart, with the target being $11. The analyst noted that this is a…

Bitcoin On-Chain Data Identifies Unusual Market Cap Behavior

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Kalshi, Polymarket Eye $20B Valuations in Potential Fundraising: WSJ

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Prediction market platforms Kalshi and Polymarket are reportedly exploring new fundraising rounds that could value the companies at around $20 billion each, roughly double their most recent valuations. Both platforms have held preliminary discussions with potential investors about raising fresh capital at the elevated valuation, the Wall Street Journal reported on Friday, citing people familiar with the matter. The report noted that the negotiations remain at an early stage and may not result in deals or secure the targeted valuation. Kalshi currently operates in the United States and offers markets…