The Bitcoin Policy Institute has met with 19 congressional offices to advocate for the tax exemption change. The organization is pushing for legislation that would exempt small Bitcoin transactions from taxation.
Tether CEO Paolo Ardoino stated that some entities aim to suppress the vision of a free internet, noting that artificial intelligence originated within constraints. The company is dedicating substantial resources to preserve freedom in AI communication and intelligence.
The investment firm Strategy reportedly aims to acquire 800,000 BTC as its next target. Analyst Michael Saylor's firm continues to accumulate Bitcoin through strategic purchases.
The stablecoin's market capitalization has risen from approximately $70 billion in early February to surpass $75 billion earlier this month. Analyst Rami Al-Hashimi attributes the increased demand to Dubai's real estate market volatility, noting that some property sellers now accept cryptocurrency payments with discounts for Bitcoin transactions.
Data from Coinglass shows Bitcoin's total futures open interest across all exchanges decreased by 5.46% in the past day. Among major exchanges, Binance holds $8.22 billion in open interest, followed by Gate with $4.46 billion, Bybit with $3.97 billion, and OKX with $2.89 billion.
Data from Coinglass indicates that if Bitcoin surpasses $73,947, short position liquidations on major centralized exchanges could reach $1.673 billion. Conversely, if Bitcoin falls below $67,596, long position liquidations could total $1.013 billion.
The stablecoin's market value is nearing an unprecedented $80 billion level. An analyst attributes this growth to capital flight and instability in Dubai's property sector.
The Binance Alpha platform has established a maximum subscription limit of 3 BNB per user for the Katana token pre-TGE sale. Following the pre-sale period, eligible users can claim KAT Keys on the BSC network, with tokens scheduled for airdrop to Alpha accounts on the TGE date.
Several cryptocurrencies experienced significant price movements, with ATA, AXS, CRV, FLUX and STRK all showing declines between 5% and 6.55%. MBOX saw a 10.98% increase over the past two hours according to Binance spot data.
BlackRock's IBIT ETF led with a $144 million daily inflow, bringing its total to $63.066 billion, while Fidelity's FBTC added $23.2414 million, reaching $10.99 billion overall. The total net asset value of Bitcoin spot ETFs stands at $91.826 billion, with a 6.43% market share relative to Bitcoin's total market capitalization.
The World Liberty Financial project states that investors who lock approximately 50 million WLFI tokens for six months will receive governance voting rights. The project's support team includes Eric Trump, Donald Trump Jr., and Barron Trump, though the company clarifies that President Trump and family members will not participate in the communication arrangements.
Blockchain monitoring service Lookonchain detected the transaction involving wallet address 0xFF5D. The transfer of AAVE tokens represents a significant movement of assets between decentralized and centralized platforms.
Data from Coinglass shows long positions accounted for $172 million in liquidations while short positions totaled $201 million. The largest single liquidation involved a $4 million Aster-SOLUSDT trade, with over 101,000 traders affected globally.
Spot Bitcoin exchange-traded funds in the United States have achieved their first five-day inflow streak of the year. The funds attracted approximately $767 million during this period, marking a significant milestone for the investment products.
Prediction markets on Polymarket show only an 81% probability that Bitcoin will remain above $70,000, which is below the current trading price. Bitcoin briefly approached $74,000 during yesterday's evening session before retreating to around $70,600.
The WLFI community has approved a governance staking system requiring unstaked tokens to be locked for at least 180 days to participate in voting. The system establishes a tiered node structure with incentives for long-term commitment and prioritizes transaction flow to projects supporting WLFI's governance and ecosystem.
Data from Coinglass reveals that major exchanges show varying funding rates, with Binance at -0.004%, OKX at -0.0043%, Bybit at -0.0034%, and Gate at 0.0001%. The information was reported by ChainCatcher, providing insights into current market conditions.
The layoffs aim to offset investments in AI infrastructure and prepare for increased efficiency from AI-assisted employees. The specific timing and final scale of the workforce reduction have not yet been determined.
The Nasdaq-listed Bitcoin mining company reported its mining output for the week was 158.8 BTC. All of the newly mined Bitcoin was sold during the same period, resulting in no net holdings.
According to Arkham data, the transfers occurred between 15:06 and 15:07 UTC, with the largest single transaction moving 114 million SAHARA tokens valued at approximately $29.4 million. The transactions were distributed to four different anonymous addresses, with all transfers completed within a two-minute window.
The proposal introduces a modular architecture with Liquidity Hubs holding shared liquidity and Spokes defining independent lending environments with governance constraints. It also outlines plans for topology structures, promotion pathways, implementation models, and initial asset ranges for risk parameterization.
Coinbase is discussing an investment partnership with Bybit, which seeks to enter the compliant US market through this arrangement. The valuation of Bybit is anticipated to be comparable to OKX's recent $25 billion valuation, following Coinbase's acquisition of Deribit for $2.9 billion last year.
The potential agreement could assist Bybit in expanding into the regulated U.S. market. Market analysts estimate Bybit's valuation may be comparable to OKX, which previously received investment from ICE at approximately $25 billion.
The investment was previously announced and finalized after completing Hong Kong Exchange disclosure procedures. The collaboration will focus on real-world asset applications including renewable energy tokenization, decentralized energy trading systems, and carbon footprint tracking.
BlackRock's digital asset head stated the firm will maintain strict screening for product expansion, prioritizing market maturity and liquidity. The company simultaneously launched a staked Ethereum ETF that attracted $43.5 million in inflows on its first trading day.
The cryptocurrency has gained 4.2% this week despite recent price fluctuations. Market attention is shifting to the Federal Reserve's upcoming March meeting and potential impacts of oil price movements on interest rate expectations.
The transfer was recorded by Arkham data at 12:18, moving from an address beginning with bc1q9v to another starting with bc1qzc. The transaction represents a significant movement of cryptocurrency assets between unidentified wallets.
Bitcoin spot ETFs experienced a total net inflow of $180 million on March 13, continuing a five-day streak of positive flows. Ethereum spot ETFs also saw net inflows of $26.69 million, marking four consecutive days of inflows.
The investment firm introduced a staked Ether exchange-traded fund on Thursday, adding to its existing spot Bitcoin and Ether ETFs that began trading earlier this year. BlackRock clarified that 'exotic' ETF structures are not part of its cryptocurrency strategy.
The Cambridge Centre for Alternative Finance analyzed 11 years of Bitcoin network data and 68 verified undersea cable failures, finding that 72-92% of global cables would need simultaneous failure to significantly disrupt nodes. The study revealed significant asymmetry between random failures and targeted attacks, showing that attacking five major hosting providers could disrupt the network by removing just 5% of routing capacity.
Binance spot data shows DEGO recorded a 24-hour increase of 30.63% and HUMA rose 21.34%, both showing signs of recovery after hitting lows. Meanwhile, RENDER, TRUMP, STO, SAHARA, WLFI, and KITE experienced pullbacks with declines of 7.18%, 8.77%, 6.82%, 6.12%, 5.57%, and 13.29% respectively.
Machi Big Brother has expanded his 25x leveraged Ethereum long position to 8,500 ETH, currently showing approximately $70,000 in unrealized profit with a liquidation price around $2,038. The investor has placed 31 limit sell orders in the price range of $2,117 to $2,300.
An 11-year Cambridge University study examining 68 verified cable failures determined Bitcoin's physical infrastructure is more resilient than previously understood. The research also found that TOR adoption strengthens the network, though targeted attacks on five key hosting providers could significantly disrupt it.
Artemis data shows USDC's cross-chain circulation has reached approximately $81.083 billion. This milestone represents the first time the stablecoin's total issuance has exceeded the $80 billion threshold.
The token unlock involves approximately 237.92 million GWEI tokens scheduled for release at 0:00 Beijing time on March 21. RootData, a Web3 asset data platform, provided this information through its token unlocking data service.
Exchange-traded funds tracking XRP have attracted significant investment totaling $1.4 billion. This development highlights growing institutional interest in Ripple's cryptocurrency amid broader Wall Street engagement.
Circle CEO Jeremy Allaire stated that tokenized vaults and repo transactions as collateral represent an important emerging use case. The fund's strength lies in its ability to create and redeem USYC using USDC and smart contracts on a 24/7 basis.
The special purpose acquisition company KRAKacquisition Corp. has begun searching for potential merger targets, focusing on crypto-native businesses including stablecoins, tokenization, DeFi and payments. The SPAC completed a $345 million IPO and has two years to identify a target, while Kraken itself is pursuing a public listing through a confidential SEC filing.
Coinglass data shows cryptocurrency liquidations totaled $372 million over the past day, with long positions accounting for $166 million and short positions $207 million. Bitcoin and Ethereum experienced the largest liquidations, affecting over 101,930 traders globally.
The investment was finalized following GCL New Energy's preliminary announcement and completion of regulatory disclosure procedures required by the Hong Kong Stock Exchange. The two parties will collaborate on tokenizing new energy assets, distributed energy trading, and carbon footprint tracking to promote large-scale adoption of real-world assets.
Whales on the Hyperliquid platform maintain $1.72 billion in long positions and $1.69 billion in short positions, with long positions currently showing unrealized losses. A specific whale address holds a 15x leveraged long position on ETH at $1,991.53, resulting in $7 million in unrealized profit.
Onchain Lens monitoring data shows three large cryptocurrency holders withdrew substantial amounts of ETH from major exchanges. The withdrawals included 9,220 ETH from OKX, 5,000 ETH from Gemini, and 2,508 ETH from Binance.
On-chain analytics platform Santiment stated on X that the proportion of Bitcoin held on exchanges has reached its lowest level based on trackable wallet data. The continuous decline in exchange Bitcoin reserves over more than eight years is often viewed by the market as an indicator of increased long-term holding tendencies and reduced selling pressure.
Analyst Ragnar estimates that STRC's daily trading volume could correspond to approximately 5,000 Bitcoin in potential purchasing power based on a 48% cash-out rate. Further calculations suggest this week's STRC-related funds might represent about 39,000 Bitcoin when combined with Strategy common stock financing ratios.
KRAKacquisition Corp completed a $345 million IPO in January and is focusing on crypto-native companies in stablecoins, asset tokenization, DeFi, and payments. The SPAC's search coincides with Kraken's plans to pursue its own public listing later this year.
Bitwise Solana Staking ETF was the sole contributor to the daily net inflow, bringing its historical total to $782 million. The overall SOL spot ETF net asset value reached $855 million, with a cumulative net inflow of $969 million to date.
Coinbase Institutional notes that Bitcoin has outperformed the US stock market since the beginning of the year, with improving market participation indicated by rising systematic leverage ratios. The cooling US non-farm payroll growth challenges previous narratives about labor market resilience, potentially enhancing Bitcoin's value proposition as a relatively independent asset in the eyes of institutional investors.
The Ethereum Foundation's mandate emphasizes maintaining technological self-sovereignty and fostering collaboration in environments free from coercion or domination. It focuses on advancing CROPS principles—censorship and capture resistance, open source, privacy, and security—while prioritizing decentralization, verifiability, network liveness, and security at the protocol layer.
The approved proposal introduces a p-tokens model designed to enhance computational efficiency on the Solana network. Solana Foundation's Technical Vice President stated the upgrade is expected to launch on the mainnet in April.
Bitcoin demonstrated significant strength during the week, approaching the $74,000 level. However, its correlation with technology stocks and reactive spot ETF flows indicate the bear market has not concluded.
The investment firm Grayscale deposited 57,600 Ethereum tokens into a staking protocol through the Coinbase platform. This transaction was detected by blockchain monitoring service OnchainLens within a four-hour timeframe.
The investment firm Blockchain Capital transferred its entire holding of 216,000 AAVE tokens to Coinbase Prime. The firm had accumulated approximately 233,000 AAVE between October 2020 and March 2023 at an average price of about $94 per token.
The cryptocurrency has shown significant upward momentum with a recent 15% price increase. Market analysts are monitoring whether this momentum can overcome potential multi-week trading range limitations.
The former UK Prime Minister expressed concerns about Bitcoin being a Ponzi scheme based on recent investment loss cases. Michael Saylor countered that Bitcoin lacks a centralized issuer or guaranteed returns, operating as a decentralized network driven by code and market demand.
The Ethereum Foundation has published a 38-page mission statement document outlining its development philosophy and priorities within the ecosystem. The document positions the foundation as a guardian of the network's long-term vision and open values, emphasizing that its influence should diminish as the ecosystem matures.
A whale that had been inactive for two years transferred 3,583 ETH to Binance and Kraken, realizing a profit of $592,000 from the transaction. The movement was detected by on-chain monitoring service Onchain Lens.
Data from Coinglass indicates that Bitcoin falling below $67,779 would result in $1.1 billion in long position liquidations across major centralized exchanges. The analysis highlights significant potential market volatility based on specific price thresholds for the cryptocurrency.
A National People's Congress representative has submitted a proposal to accelerate revisions to the People's Bank of China Law. The proposal seeks to establish the digital yuan's legal currency status and define the central bank's core responsibilities in its issuance and management.
The funds are primarily allocated to political activities such as advertising, with the super PAC FairShake being a major contributor supported by Coinbase, Ripple, Uniswap Labs, and venture capital firm Andreessen Horowitz. Approximately 40% of the funds are directed toward Republican candidates, 3% toward Democratic candidates, and the remainder supports independent candidates, with industry insiders anticipating continued growth in lobbying efforts as the 2026 midterm elections approach.
Data from Coinglass reveals that the current average funding rate for Bitcoin across all networks over an 8-hour period is -0.0002%. Among major exchanges, Binance shows a rate of -0.0004%, OKX at -0.0003%, Bybit at -0.0061%, and Gate at 0.0001%.
Grayscale Investments is evaluating a potential Solana exchange-traded fund listing. Meanwhile, Avalanche is actively pursuing institutional adoption through strategic partnerships and infrastructure development.
The LIT token has experienced a 12% price increase as traders monitor its technical patterns. Market participants are watching whether the cryptocurrency can overcome key resistance levels in its trading channel.
The RAVE token from RaveDAO has regained a significant technical support level that analysts are monitoring. Market participants are discussing potential price movements following this development.
Blockchain intelligence platform Arkham reported the transaction occurred at 05:31 UTC. The funds originated from an anonymous wallet address beginning with 17aoxXua.
The Bitcoin Policy Institute noted bipartisan support for a de minimis tax exemption for smaller Bitcoin transactions. The organization warned that time is running out to pass such legislation.
The Pi Network cryptocurrency has recorded significant price appreciation over the past week. Market analysts are now observing technical indicators that suggest potential price consolidation or correction may follow the rapid gains.
Analysts at the investment firm Mizuho noted that USDC has exceeded USDT in adjusted year-to-date trading volume. They emphasized that the stablecoin gaining dominance in everyday transactions will be the ultimate winner in the market.
Binance spot data shows FET fell 7.75% in 24 hours, OGN dropped 9.92%, and XAI declined 12.6%. PHB rebounded with a 7.87% gain, while TRU, ZEC, and SUI also experienced pullbacks with losses of 5.09%, 5.46%, and 5.21% respectively.
Ether futures data indicates a divided market with limited probability for a sustained 33% price increase. The cryptocurrency's accumulation patterns suggest bullish targets despite current market uncertainty.
Data from Coinglass shows that 106,786 traders experienced liquidations during this period. The largest single liquidation involved a $4 million position on Aster - SOLUSDT.
Canaan has increased its Bitcoin reserves while Wells Fargo is exploring cryptocurrency services. The expansion of stablecoins into traditional financial systems is occurring despite broader market volatility.
Circle's USYC tokenized U.S. Treasury fund has reached $2.2 billion in assets, exceeding BlackRock's BUIDL fund. The overall tokenized Treasury market has grown to $11 billion as investors pursue onchain yield opportunities and collateral options.
Bitcoin is poised for its strongest weekly performance since its 2025 rally to record levels. Market analysts are emphasizing specific price thresholds that must be achieved to maintain the current upward trend.
The NIGHT cryptocurrency has experienced price appreciation while its trading volume decreased by 53%. Market analysts are monitoring this divergence between price movement and trading activity.
The daily crypto news report provides updates on trends and events affecting digital assets across multiple sectors. It covers developments in Bitcoin pricing, blockchain technology, DeFi protocols, NFT markets, Web3 innovations, and cryptocurrency regulations.