Tag: Bitcoin

Why Higher XRP Prices Make Payments Cheaper, Ripple’s Schwartz Clarifies Misconception – Featured Bitcoin News

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XRP Price Efficiency Liquidity Payments Mechanics Explained Ripple Chief Technology Officer Emeritus David Schwartz shared on social media platform X on March 30, 2026, an explanation of how XRP’s price level influences its efficiency in payments, responding to a user request for clarification of his earlier statement. The response addresses a frequent misunderstanding that lower-priced digital assets are inherently more practical for transactions, pointing instead to how divisibility and liquidity shape real-world usage. Schwartz’s remarks focus on fundamental mechanics rather than market speculation, reinforcing that pricing should be evaluated within…

Bitcoin Unlikely to Hit New Highs in 2026, Traders Say

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It could be more than a year before Bitcoin regains its all-time high of $126,100, recorded in October last year, according to veteran trader Peter Brandt. “I do not see a new price high in 2026,” Brandt told Cointelegraph. “Not until maybe the second quarter of 2027,” he said, though he also acknowledged that “this is all guesswork.” Pundits on the crypto prediction platform Polymarket are similarly pessimistic, giving just a 15% chance that Bitcoin will reclaim $120,000 in 2026. Prediction market on “What price will Bitcoin hit in 2026?”…

Bitcoin, Ether ETFs Hit by $503 Million Exodus as Selling Intensifies – Markets and Prices Bitcoin News

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Crypto ETFs Slide as Bitcoin, Ether Post Heavy Weekly Losses The last full trading week of March began with promise, but it did not end that way. What started as a brief recovery in bitcoin ETFs quickly gave way to sustained selling pressure, setting the tone for a week defined by caution, rotation, and selective conviction. Bitcoin spot ETFs recorded net outflows of $296.18 million for the week, reversing recent momentum. The early inflow on Monday, March 23, driven by strong allocations into Blackrock’s IBIT and Fidelity’s FBTC, proved short-lived.…

Washington State Targets Kalshi in Illegal Online Betting Lawsuit – Legal Bitcoin News

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Is Kalshi Legal in Washington State? AG Says No, Files Suit The complaint, filed in King County Superior Court, targets Kalshi‘s binary event contracts, wagers priced between one cent and 99 cents that pay out $1 to winners and nothing to losers. Washington argues those contracts meet the state’s statutory definition of gambling under RCW 9.46.0237: “ staking or risking something of value upon the outcome of a contest of chance or a future contingent event not under the person’s control.” Brown’s office is seeking a permanent injunction, full restitution…

Bitcoin, Altcoins Turn Down As Traders Cut Positions, Evade Risk

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Key points: Bitcoin’s recovery is expected to face selling near $69,000, but if the bulls prevail, a rally to $74,508 is possible. Most major altcoins remain below their resistance levels, indicating that the bears continue to exert pressure. Bitcoin (BTC) rose above $68,000, but the bulls are struggling to sustain the higher levels. Sellers are expected to exert pressure to achieve a negative monthly close in March. That will result in six consecutive months of losses for the first time since the 2018 bear market.  Analysts remain increasingly bearish on…

Trump Impeachment Odds Rise to 70% on Polymarket Amid Falling Approval and Iran War Concerns – Bitcoin News

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Trump Job Approval Falls to 2026 Lows Trump’s overall job approval rating has weakened in recent weeks, falling to some of the lowest readings of his current term as the ongoing U.S.-Israeli conflict with Iran and rising fuel prices tied to it weigh on sentiment. Polls published by realclearpolling.com indicate that recent survey data for the president is trending lower. This pattern appears across a wide range of polling sources, including Reuters/Ipsos, AP-NORC, CBS News/Yougov, Rasmussen, Morning Consult, and others. Across these surveys, a majority of respondents express disapproval of…

Ripple joins Singapore sandbox, Bhutan’s big Bitcoin selloff: Asia Express

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Everything that happened in crypto news in Asia over the past seven days: Asia Express. In this edition: Ripple joins Singapore’s BLOOM sandbox Bhutan trims Bitcoin holdings even further Japan jumps on the KuCoin dogpile Startale completes $63 million Series A with SBI backing ONUS fraud probe in Vietnam Fenbushi’s Bo Shen launches recovery bounty after 2022 hack CoinDCX founders cleared of fraud allegations South Korea gives Upbit a wrist slap over misleading discount ads UK sanctions Xinbi marketplace Ripple joins Singapore’s BLOOM sandbox Ripple has joined Singapore’s BLOOM sandbox…

Bitcoin corporate buying almost vanishes as weekly net purchases sink 99.93%

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SoSoValue data show listed companies bought just $70K of bitcoin last week, a 99.93% drop, with only BHODL adding 1 BTC as majors sat out. Summary Publicly listed companies bought just $70,000 worth of bitcoin last week, a 99.93% drop from the prior week, according to SoSoValue. Strategy (formerly MicroStrategy) and Japan’s Metaplanet both reported zero new purchases, while UK firm BHODL was the only disclosed buyer at $72,832 for 1 BTC. Despite the pause, listed companies still hold 1,023,333 BTC worth about $6.939 billion, or 5.1% of bitcoin’s circulating…

Eric Trump’s Bitcoin Mining Company Crosses 7,000 BTC Reserve in 2026 – Bitcoin News

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Hut 8-Backed Miner American Bitcoin Corp. Now Holds Over 7,000 The company (Nasdaq: ABTC) disclosed the milestone via its official X account on Monday, noting it had nearly tripled its reserves since listing on Nasdaq in September 2025. At bitcoin’s current price near $67,500, the holdings are valued at approximately $473 million to $475 million, according to data from bitcointreasuries.net. ABTC ended 2025 with roughly 5,401 BTC. It crossed 6,000 BTC in mid-February 2026, reached approximately 6,500 BTC by early March, climbed to around 6,899 BTC by mid-March, and now…

Square Rolls Out Auto-Enabled Bitcoin Payments for US Sellers

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Square, the payments platform of Block, has begun rolling out Bitcoin payments at its point-of-sale terminals for eligible US sellers, with the automatic feature going live today as part of a phased rollout over the coming month. The announcement was shared Monday in a post on X by Miles Suter, Bitcoin product lead at Block, and reposted by CEO and longtime Bitcoiner Jack Dorsey. Suter said the feature is designed to make it easier for “millions of businesses” to accept Bitcoin, adding that eligible US sellers will have payments automatically…