Tag: News

Warren Presses Commerce Department Over Bitmain Security Risks and Trump-Linked Crypto Ties – Regulation Bitcoin News

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Warren Targets Bitmain, Trump Crypto Ties, and Security Risks Heightened scrutiny over crypto-linked supply chains has reached the U.S. Commerce Department. The Senate Committee on Banking, Housing, and Urban Affairs announced March 30, 2026, that U.S. Senator Elizabeth Warren sent a March 26 letter to Commerce Secretary Howard Lutnick questioning oversight of Bitmain, a Chinese bitcoin mining hardware producer tied to a venture involving Eric Trump. Concerns outlined in the correspondence focus on potential infrastructure vulnerabilities and foreign influence risks tied to mining equipment deployed in the United States. Warren…

Strategy’s Latest SEC Filing Shows No Bitcoin Purchases or Share Sales During Quiet Week – Featured Bitcoin News

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Strategy Bitcoin Holdings and SEC Filing Activity Pause Strategy Inc. filed Form 8-K with the U.S. Securities and Exchange Commission (SEC) on March 30, 2026, reporting no bitcoin purchases and no equity sales last week. The disclosure confirms no activity under its at-the-market program while continuing its regular reporting on treasury movements. The filing presents the update as part of ongoing transparency rather than a shift in capital allocation. Strategy stated: “On March 30, 2026, Strategy Inc. announced that, during the period between March 23, 2026 and March 29, 2026,…

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, 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…

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…

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…

US Senators Unleash New Bill Driving Bitcoin Mining Expansion and Cementing Strategic Bitcoin Reserve – Regulation Bitcoin News

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US Bitcoin Mining Policy and National Reserve Strategy U.S. lawmakers are advancing efforts to strengthen domestic digital infrastructure as Senators Bill Cassidy and Cynthia Lummis introduced legislation on March 30 to expand U.S.-based digital asset mining and formalize a national bitcoin reserve strategy. U.S. Senator Bill Cassidy (R-La.) stated: “Digital asset mining is a big part of our economy. We should be doing it here in America.” He described the Mined in America Act as a measure designed to secure supply chains, reinforce domestic manufacturing, and strengthen the broader digital…

Bitcoin Stalls as Geopolitical Realities Overpower Early Morning Gains – Markets and Prices Bitcoin News

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Geopolitical Headwinds Bitcoin’s Monday rally hit a wall of geopolitical reality. After an aggressive morning ascent that saw the premier digital asset climb from the $65,000 floor to a peak above $68,000, momentum evaporated. Prices retreated to the $66,000 level as the absence of a diplomatic breakthrough in the Middle East fueled concerns of a protracted, multiyear conflict. By 1:40 p.m. EST, bitcoin was hovering near $66,800, clinging to a modest 0.9% 24-hour gain. Despite the rebound, bitcoin remained nearly 6% lower over the past seven days and about 12%…

Bitdeer Targets 180 MW Tydal Facility by 2026 – Bitcoin News

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Bitdeer Targets Europe AI Data Center Market Tydal Data Center AS (TDC), a subsidiary of Bitdeer Technologies Group (Nasdaq: BTDR), contracted Data Center Installations AS (DCI) on March 30 to design and build the expanded facility at the Kirkvollen industrial site in Tydal municipality, Trøndelag county, Norway. DCI, a Norwegian contractor specializing in critical infrastructure and part of Sparc Group AB since 2025, will manage the project end-to-end, covering design, planning, installation, testing, commissioning, and ongoing maintenance. The 180 MW gross capacity facility is being configured primarily for AI co-location…