Tag: News

XRP Breaks Lower as Liquidations Deepen and Macro Risks Intensify Across Crypto Markets – Markets and Prices Bitcoin News

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XRP Downtrend Deepens as Key Support Faces Pressure At 9:11 a.m., XRP is trading at $1.33247, extending its recent decline as the price presses toward the lower end of its intraday range. The asset is down 3.07% over the past 24 hours, with the session high at $1.38237 and the low at $1.32559. Recent candles show a steady drift lower, with only brief attempts at stabilization failing to shift the broader short-term direction. From a 4-hour chart, XRP has formed a clear sequence of lower highs and lower lows following…

Bitcoin ETFs See $171 Million Outflow as Ether Extends Losing Streak – Markets and Prices Bitcoin News

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Crypto ETFs Slide Again: Bitcoin, Ether ETFs Deepen Losses While Solana Also Slips Confidence continues to erode across crypto ETFs. What began as a mild pullback has now turned into a more persistent wave of outflows, with little sign of immediate reversal. Bitcoin ETFs recorded a sharp $171.22 million in net outflows, marking another difficult session for the asset class. The selling was broad and consistent. Seven funds posted redemptions, highlighting the depth of the pullback. Blackrock’s IBIT led the decline with $41.92 million in outflows, followed by Bitwise’s BITB…

Bitcoin Drops Below $67,000 as Geopolitical Tensions and $14B Options Expiry Weigh on Markets – Markets and Prices Bitcoin News

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Options Expiry Bitcoin (BTC) fractured a key psychological floor Friday, plunging below the $67,000 mark for the first time since March 9. The retreat comes as market patience wears thin over the White House’s erratic maneuvers in the Middle East and traders brace for a massive quarterly derivatives settlement. President Donald Trump’s latest ten-day reprieve on potential strikes against Iranian energy infrastructure failed to ignite the peace rally some investors had anticipated. Market data shows the top cryptocurrency plummeted to a session low of $66,201 at approximately 7 a.m. EST.…

Polymarket Secures $600M From Intercontinental Exchange in Final Funding Tranche – Crypto News Bitcoin News

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ICE and Polymarket The owner of the New York Stock Exchange (NYSE), ICE, disclosed the transaction on Friday morning. The company also expects to purchase up to $40 million of Polymarket securities from existing holders, a secondary component that rounds out what was originally framed as an investment arrangement of up to $2 billion. The October 2025 deal marked ICE’s first direct commitment to Polymarket, a prediction market platform where users wager on the outcomes of real-world events. That initial tranche totaled $1 billion. The latest investment completes what ICE…

Tether Hires KPMG for First Full Financial Audit of USDT Reserves – Crypto News Bitcoin News

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Tether Reported to Hire KPMG for First Full USDT Audit The Financial Times reported on Friday that KPMG is the firm selected to perform the audit, citing people familiar with the matter. Tether had announced the engagement three days earlier without naming the auditor, describing the process as “the biggest ever inaugural audit in the history of financial markets.” The company has also reportedly retained PwC to help prepare its internal systems, controls, and reporting ahead of the review. The audit covers Tether’s full balance sheet, including U.S. Treasuries, cash…

Australia Fines Binance $6.9 Million Over Client Misclassification – Crypto News Bitcoin News

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Binance Hit With $6.9 Million Fine in Australia Case Binance’s Australian derivatives arm has been ordered to pay $6.9 million (A$10 million) after a federal court found serious failures in how it classified customers. The ruling marks one of the most significant enforcement actions against a crypto exchange in the country. The case stems from a lawsuit filed by the Australian Securities and Investments Commission (ASIC) in 2024. Regulators alleged that Binance Australia Derivatives misclassified a large portion of its users, exposing them to complex and high-risk crypto products without…

Enlivex Announces $21M Debt Financing and Prediction Markets Treasury Expansion – News Bytes Bitcoin News

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Enlivex Ltd. announced the completion of a $21 million debt financing (DF) agreement with The Lind Partners in Nes-Ziona, Israel. The transaction, which closed on March 23, includes notes convertible into ordinary shares at a 264% premium to recent Nasdaq closing prices. The company exercised an option to acquire over 3 billion RAIN tokens at a 62% discount and extended its option to purchase additional tokens through December 31, 2027. This strategy reinforces their treasury built on the Rain decentralized prediction markets protocol, alongside a new $20 million share repurchase…

Circle and Sasai Partner to Expand USDC Stablecoin Payments Across Africa – News Bytes Bitcoin News

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Circle and Sasai Fintech, a business of Cassava Technologies, launched an initiative to integrate internet-native stablecoin payments into the regional economy. The partnership focuses on reducing costs and settlement times for cross-border commerce and mobile-first consumers across several high-growth payment corridors. The collaboration leverages Circle’s regulated stablecoin and full-stack platform to connect African businesses and individuals to the global financial system. By utilizing the world’s largest stablecoin network, Sasai Fintech aims to enhance its unified suite of digital services across its 94-country reach. “By integrating with the trusted and widely…

Crypto Czar No More, David Sacks Leaves Special Role – News Bytes Bitcoin News

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On March 26, 2026, David Sacks announced the conclusion of his 130-day term as the specialized crypto and artificial intelligence (AI) lead for President Donald Trump. Sacks now joins the President’s Council of Advisers on Science and Technology (PCAST), a federal committee of industry and academic experts providing policy recommendations to the White House. The transition follows Sacks’ recent divestment of over $200 million in digital asset-related holdings to comply with federal ethics standards. As a partner at Craft Ventures, he remains focused on advancing the administration’s new AI framework…

Bitpanda Launches Vision Chain to Connect Traditional Institutions and Onchain Finance – News Bytes Bitcoin News

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Bitpanda announced the launch of Vision Chain as a dedicated infrastructure to facilitate the scaling of tokenized assets. Built using the Optimism OP Stack, this Ethereum Layer 2 network enables banks and developers to issue and manage assets while remaining compliant with European regulations like the Markets in Crypto-Assets (MiCA) and MiFID II. The new ecosystem utilizes the Vision (VSN) token to align network growth with usage through a revenue-based supply tightening mechanism. To ensure institutional scalability, the platform supports stable fees denominated in Euro-denominated stablecoins and provides grants to…