Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Bitcoin (BTC) has slid about 20% over the past three months and is still trading in a tight range, with short-term weakness persisting. On-chain data from Santiment shows a whale trend: the number of wallets holding at least 100 BTC rose by ~3.9% in the same period, with over 750 new whale addresses added even as Bitcoin’s price fell. Santiment frames this divergence between price and whale accumulation as potentially bullish, suggesting large holders may be positioning for a rebound rather than exiting. However, traders face ongoing volatility. BTC slipped ~1% over the last week and was around $69,811 at the time of writing. Derivatives also turned bearish: an analyst cited roughly $381 million in leveraged positions liquidated after BTC fell more than 6% in 24 hours and dropped below $71,000. Technical analysts are pointing to key levels. Ali Charts highlights a long-running support trendline that historically triggered sharp moves after retests; the zone is estimated around $56,000–$60,000. Javon Marks notes a descending pennant pattern that appeared in 2022 before BTC reversed higher. Meanwhile, Crypto Patel warns a failed breakout attempt raises the risk of another push below the psychological $70,000 level if support breaks. For traders, the core setup is: whale accumulation supports the medium-term narrative, while near-term price action and liquidation data keep downside risk elevated. Watch whether BTC holds above $70,000 and whether price later re-tests the larger $56,000–$60,000 support area.

The crypto bill stalled in the Senate Banking Committee since January is showing progress. A tentative agreement was reached between Sen. Thom Tillis and Sen. Angela Alsobrooks and White House officials, suggesting the bill could move in the coming weeks. Key focus areas involve stablecoin yield offerings. The crypto bill aims to clarify how stablecoin-related yield products should be regulated, though the final details are still unclear. The bill could also affect banks and their funding models, because if crypto firms can offer yield-bearing products, deposit outflows from banks may increase. Crypto firms are also watching the proposed “incentives rules.” Coinbase and other market participants argue that rewards are needed to attract customers and that restricting these incentives could reduce competition. Overall, traders should treat this as a near-term sentiment catalyst: the crypto bill’s momentum may support risk appetite, but uncertainty remains until text and enforcement specifics are known.

Bitcoin is stalling just below $70,000 as risk-off sentiment cools demand and macro pressure caps upside. In the latest session, spot Bitcoin ETFs recorded net outflows of more than $250 million, while the Crypto Fear & Greed Index held at 31 (“Fear”). Bitcoin trades in a tight $69,450–$70,000 range; a sustained hold could reopen upside toward $72,500, while a break would increase the risk of a move toward $65,000. Outside crypto, UK gilt yields jumped to their highest since 2008. The 10-year gilt rose to 4.94% and the 2-year to 4.58%, driven by inflation concerns and expectations of further Bank of England tightening amid weaker growth forecasts. Elsewhere in markets, Super Micro shares fell sharply after US prosecutors unsealed an indictment alleging a $2.5 billion scheme to smuggle restricted AI server technology to China, involving co-founder Yih-Shyan “Wally” Liaw. Separately, Amazon is reported to be developing an AI-integrated smartphone (“Transformer”) to revive its mobile push. For traders, today’s key takeaway is that Bitcoin’s near-$70K consolidation is being reinforced by ETF outflows and broader rate-risk, keeping momentum fragile on both dips and breakouts.

Rising gas prices and higher mortgage rates are feeding through to US rates markets—and traders are starting to treat Bitcoin as a macro risk asset again. Key data points: University of Michigan consumer sentiment fell to 55.5, while one-year inflation expectations rose to 3.4%. Freddie Mac showed the average 30-year fixed mortgage rate climbed to 6.22% (highest in 3+ months). Meanwhile, the 10-year Treasury yield moved from 3.97% (Feb. 27) to 4.25% (Mar. 19). Spot Bitcoin ETFs also flipped to outflows: -$90.2M on Mar. 19 after -$163.5M on Mar. 18. The transmission channel the article highlights starts with energy. Brent spot rose from about $71/bbl (Feb. 27) to $94 (Mar. 9), lifting the US retail gasoline forecast to $3.58/gal for March. That boosts inflation expectations, keeps the Fed sounding less likely to cut quickly, and increases financing costs—pressuring risk appetite. Bitcoin price action aligned with the rates/ETF move, trading around ~$69.9k after an intraday low near $69.1k. The article argues the current move is less about Bitcoin’s long-run “inflation hedge” narrative and more about near-term tighter conditions priced by ETF flows. Scenarios noted: if oil cools and yields de-escalate toward ~4.0%, ETF inflows could return and Bitcoin may push into roughly $72k–$85k. If oil stays elevated and ETF redemptions persist, a downside revisit to ~$55k–$62k remains possible.

Gold slid below $4.5k after rolling over from an early-March spike above $5,200. Silver fell more sharply (about -20% month-to-date), near the low-$70s/oz, reinforcing the “high-beta” profile within the metals complex. Crypto is mirroring the same risk-off direction—but with more volatility. Bitcoin (Bitcoin) is trading roughly in the high-$60,000s to low-$70,000s, down over 4% in the last 24 hours and around $17,000 below a year ago. Total crypto market cap is around $2.4–$2.5T, while Bitcoin dominance is above 58%, suggesting capital is rotating away from weaker altcoin leadership. The article frames this as a classic deleveraging tape: failed intraday bounces, narrowing leadership, and persistent demand for liquidity over narratives. The “duration trade” interpretation ties crypto’s price action to macro stress and cross-asset dynamics (rates, dollar strength, and ETF-related flows). Predictions and technicals flag a potential deeper move toward the mid-$50,000s if key support breaks. For traders, the key takeaway is that Bitcoin is not behaving like a pure safe haven here; it is acting more like a liquid, high-beta macro asset. Position sizing and risk controls matter more than “store of value” narratives, while silver and high-beta altcoins remain tied to tight liquidity and speculative appetite.

The Crypto Clarity Act is moving toward a Senate Banking Committee process after fresh talks over stablecoin yield, a key market-structure sticking point. Politico reports Republican Sen. Thom Tillis and Democrat Sen. Angela Alsobrooks agreed in principle on a compromise, aiming to remove “rewards” on passive stablecoin balances. The proposed change targets bank concerns that stablecoin yield could function like deposit interest and pressure traditional lending. Both senators signaled they want a framework that preserves the core U.S. banking model, while the White House was reportedly reviewing updated legislative text—though full details have not yet been seen by industry. Remaining issues include how DeFi is treated, with some Democrats highlighting illicit-finance risk concerns. If the bill advances, a Senate Banking Committee hearing could occur late next month, followed by a Senate floor vote only after merging with a related version already passed by the Senate Agriculture Committee. Timelines are being discussed with a hoped-for May resolution, but calendar pressure and other political items could delay progress. For traders, clearer stablecoin yield rules could reduce regulatory tail risk for dollar-linked tokens and related liquidity products, but implementation details and DeFi coverage remain catalysts for volatility.

The Trump White House unveiled a legislative blueprint for a single national AI law, aiming to block state-by-state AI rules and replace them with one federal framework. The proposal is designed to cover six areas: child safety controls and tools against online harm, energy and data-center coordination to reduce regulatory red tape, stronger tools against AI scams and national security threats, intellectual property protections for creators, safeguards for political speech, and measures to remove barriers to advanced AI development. The White House also calls for Congress to invest in job training so workers can benefit from the AI-led tech sector growth. Key figures include Michael Kratsios (White House science and technology adviser / head of the Office of Science and Technology Policy), who argued the U.S. needs one national AI framework rather than a “50-state patchwork.” The administration links the push to earlier federal pressure on states, including Trump’s threat in December to cut broadband funding from states deemed to slow U.S. AI leadership. States such as New York and California are pushing back. New York Attorney General Letitia James said the historical record shows collaboration between Congress and states. If passed, this single national AI law could reshape compliance costs and expansion timelines for AI data-center buildouts and related tech infrastructure.

Bitcoin is holding a key support level around $69,500 despite a global equity market slump. The move suggests BTC is showing relative resilience as risk sentiment weakens across traditional markets. For traders, the $69,500 area is likely to act as a near-term pivot: holding it can reinforce dip-buying, while a breakdown would raise odds of downside momentum. From a trading perspective, this matters for BTC-related positioning because correlation with equities may be weakening in the short run. If BTC continues to respect the $69,500 floor, it could support a stable-to-bullish bias for short-term ranges, even as macro uncertainty persists. Conversely, if equities remain under pressure and BTC loses the level, traders may rotate toward hedges and reduce leverage. Overall, the headline implies BTC is currently decoupling (at least temporarily) from broader market stress, but the durability of the $69,500 floor will be the key signal for near-term direction.

An analyst on X, JD, says he previously called XRP’s major technical breakout, driving a rise from about $0.28 (2024) to $3.38 (2025). He attributes the move to classic chart structure: higher lows, resistance flips, and breakout confirmation—signs that accumulated demand overwhelmed selling pressure. Now JD is looking for XRP’s next “major phase.” He suggests the next leg could become a blow-off top: a rapid, steep price surge powered by aggressive buying and late-stage euphoria, usually followed by a sharp reversal. Traders may watch for parabolic price action, rising volatility, and higher volume as signals that XRP is exhausting momentum. The article frames this as technical analysis rather than a guarantee. It notes XRP remains tied to broader market drivers such as macro trends, liquidity, and investor sentiment. If XRP continues to respect its chart structure, continuation is possible; if momentum overheats, traders may see a pullback after the blow-off move. Disclaimer: Not financial advice.

Kalshi Prediction Market has been ordered to stop offering its event contracts to Nevada users for two weeks, effective immediately after a Nevada court ruling on March 15, 2025. The order targets KalshiEx LLC and follows the Ninth Circuit rejecting Kalshi’s emergency request to block state enforcement. The temporary halt covers Kalshi’s event contracts that let traders speculate on outcomes tied to political, economic, and cultural events. Kalshi must notify all Nevada-based users within 24 hours. The Nevada Gaming Control Board is investigating the platform, alleging some contracts may qualify as illegal gambling under state law. For crypto traders and fintech participants, the main impact is operational disruption and liquidity fragmentation for Kalshi’s Nevada user base. The article also flags “regulatory contagion” risk—if more states pursue similar actions, prediction-market access and pricing could become more fragmented. Kalshi continues arguing its products are financial information products overseen by the CFTC rather than gambling. Traders should watch for near-term headline volatility around prediction-market infrastructure and longer-term uncertainty if state rules keep diverging from federal frameworks. Withdrawals are reported to remain available during the suspension, giving both sides time to assess compliance and negotiate potential solutions. In parallel, Kalshi faces similar scrutiny elsewhere, including Arizona allegations of unlicensed gambling and illegal election wagering.

Litecoin founder Charlie Lee says he regrets selling Bitcoin when BTC was around $1,000 years ago. In an interview, he explained he sold a lot of Bitcoin after it first hit $1,000 (which occurred in 2013). He bought BTC for about $30 and said the early profits were already more than 30x, but chose to take them because many investors “sell too early” and find it hard to HODL through large moves. Lee also argued institutional involvement has helped crypto mature. He noted that the SEC approved a spot Litecoin ETF last year, and it has recorded about $6.4 million in net assets and nearly $10 million in cumulative net inflows since launch. The comments arrive as Bitcoin shows resilience during geopolitical stress. At the start of the US–Israel–Iran conflict (Feb 28), Bitcoin traded near $63,000. Despite escalation, BTC later surpassed $75,000 and BTC ETF inflows reportedly increased. Meanwhile, gold fell sharply over the past three weeks, challenging gold’s traditional “safe haven” narrative. At the time of reporting, Bitcoin traded around $70,000 with roughly a 1% intraday gain. Lee’s regret highlights how early-profit behavior can backfire when Bitcoin continues trending higher and when liquidity and demand from ETFs and institutions remain supportive.

Spot gold has broken below the $4,500 per ounce integer level. According to Bybit quotes, spot gold was last at $4,485.74, down 3.54% on the day. For crypto traders, this is a macro-asset move rather than a token-specific catalyst. A faster decline in spot gold can reflect shifts in real yields, the USD, or near-term risk sentiment. If the move continues, it may support a “risk-on” environment that can buoy BTC and majors; if it reverses sharply, it could also signal renewed hedging demand and pressure broader liquidity. Traders may watch whether gold’s drop persists alongside dollar strength and Treasury yield changes, as these often correlate with crypto momentum. In the short term, this headline can nudge sentiment, but without direct crypto linkage, the market impact is likely secondary and best treated as a risk-macro input rather than a standalone trading signal for spot gold.

OpenAI is reportedly consolidating its desktop products into an “OpenAI superapp” by merging ChatGPT, Codex and Atlas, aiming to speed up execution and simplify fragmented teams. The move is attributed to internal pressure from competitor Anthropic, alongside enterprise losses. Key figures and what’s changing: Fidji Simo (chief of applications) described fragmentation as slowing progress and raising the difficulty of hitting quality targets; Greg Brockman is set to co-lead the overhaul. The superapp’s core bet is “agentic AI” that can autonomously complete tasks on a user’s computer—writing code, analyzing data and navigating the web—without constant switching between tools. Product direction: ChatGPT would evolve into a desktop productivity hub beyond chat, while Codex expands from coding into broader work tasks. Atlas (launched in October as a Chromium-based browser with an embedded agent) reportedly failed to gain meaningful standalone traction, and Sora usage has flattened. Timing and scope: No launch date was given. The report says the mobile ChatGPT app will remain unchanged, making this primarily a desktop-first strategy focused on developers, power users and enterprise customers. Crypto-trader angle: While this is an AI-industry development rather than a crypto protocol change, it may affect risk appetite toward AI-related equities/tokens and “agentic AI” narratives—but direct market linkage is limited. OpenAI superapp, consolidation of ChatGPT/Codex/Atlas, agentic AI desktops.

On-chain data shows Ether taker volume has reached its highest level in over three years, a signal last seen near the 2022 ETH bear-market bottom. The 30-day average positive Ether net taker volume climbed to about $142M on March 17, indicating derivatives market orders leaning more toward buyers. ETH also has a positive Coinbase premium index since Feb. 24, which points to growing spot demand from US traders. Still, analyst Pelin Ay said the supply-side picture looks bullish, but “there are no buyers,” so price action remains muted. Key trading levels are being watched. Support aligns with the 100/200 EMAs and a rising trendline, but the market is compressing. If ETH breaks down, liquidity sits mainly between $2,100–$2,000, with a larger liquidation cluster around $1,976 (over $3B in long positions), which could create a short-term imbalance. Trader EliZ highlighted a daily-timeframe threshold at $2,000. Holding above $2,000 keeps the medium-term trend intact. Falling below shifts positioning toward aggressive shorts and increases downside risk. Overall, Ether taker volume suggests an early bottoming attempt, but confirmation likely depends on whether ETH can sustain demand around $2,000.

Fidelity macro director Jurrien Timmer said Bitcoin has shown unusual resilience in March 2025 despite US dollar strength and higher bond yields—conditions that previously triggered sharp crypto sell-offs. He noted that in similar periods in 2018 and 2022, Bitcoin saw corrections of more than 50%, but the current setup has kept Bitcoin relatively stable while the US Dollar Index reached multi-month highs. The key trading focus is Bitcoin’s $60,000 support zone. Timmer argues the market may be pricing structural changes rather than relying on short-term technicals. He links the support to valuation models and risk-adjusted frameworks increasingly used by investors, including network value ideas, stock-to-flow scarcity comparisons, and portfolio Sharpe-ratio analysis. Compared with gold, technology stocks, and emerging-market currencies, Bitcoin’s March performance looked atypical. The later update also adds that improving regulatory clarity and more mature institutional custody and trading infrastructure since 2024 may be changing how institutions allocate to crypto. For traders, the implication is that downside may be more constrained while BTC holds $60,000, though volatility remains. Keywords for traders: Bitcoin, macro resilience, US dollar strength, interest rates, $60K support, crypto valuation, institutional adoption.

Stablecoin supply nears $318B, rising 0.47% weekly and 2.86% monthly. Traders are now weighing whether this is real demand growth or mainly internal capital rotation within DeFi and exchanges. Tether leads at about $184B, but its weekly growth is only 0.10%, suggesting slowing momentum. USDC is expanding faster at $79.24B (+7.75% monthly). Smaller stablecoins show sharper gains: USDS (+20.87%) and USYC (+40.59%). Net minting still exceeds burns, which hints that fiat on-ramps may be adding fresh liquidity. However, the article also flags that part of the stablecoin supply is moving into yield-bearing and regulated products—so the picture may be mixed. On usage, stablecoins are increasingly deployed: DEX volume is about $7.65B (+8.91% weekly). Uniswap processes around $1.289B in activity, while PancakeSwap maintains stablecoin-pair usage. Perps open interest sits near $48–51B, implying positioning without a clear surge in liquidations. A key theme is ecosystem funneling. In the Hyperliquid/Hype ecosystem, stablecoin supply and TVL are expected to exceed $1B quickly for HyperEVM, while Hyperliquid L1 holds over $5B in stablecoins. Yet the article notes bridges like HyperCore receive most inflows, transferring USDHL/USDe/feUSD across chains—suggesting redistribution rather than pure creation. It also warns growth is incentive- and yield-dependent, which could fade without organic demand. Bottom line: stablecoin supply expansion looks steady, but traders should watch whether it turns into sustained organic demand or remains incentive-driven capital rotation.

CNBC reports tentative progress toward the long-stalled CLARITY Act, a US crypto market-structure bill. Talks between banking and crypto industry representatives could lead to an announcement later Friday. According to CNBC, lawmakers in the Senate Banking Committee are near a compromise and may schedule a markup and vote. The Senate Agriculture Committee already completed a procedural vote in January. A key sticking point remains whether banks will accept the proposed stablecoin reward/yield structure. Even so, other parts of the CLARITY Act package appear to be aligning. A separate update from reporter Eleanor Terrett cited Senate staff saying negotiators were “99% of the way there” on stablecoin yield, and that discussions on the digital-asset components are “in a good place.” Senator Cynthia Lummis reportedly viewed Thursday’s meeting as productive. Politico adds a political trade angle: Senate Banking Republicans are reportedly exploring adding community bank deregulatory provisions (from a House housing bill) into the CLARITY Act. The goal would be to win House support for the housing package without further amendments. Still, both outlets emphasize the language is not finalized, so outcomes could shift as remaining details are negotiated. Market context: total crypto market cap is cited around $2.38T on TradingView. Any movement on the CLARITY Act could affect risk sentiment, particularly around regulatory clarity and stablecoin-related frameworks.

XRP price is consolidating above key support as Korean traders move tokens off exchanges at a record pace and whale flows turn positive, strengthening the case for an XRP March breakout. On the technical side, XRP is attempting to form an ascending triangle on the 4-hour chart after a rebound from February lows near $1.12. The support area has been rising toward $1.42–$1.45, while resistance is being tested near $1.50–$1.52. XRP is trading around the 0.236 Fibonacci retracement level near $1.425, and multiple EMAs (20/50/100/200) are compressing—often a precursor to volatility expansion. If XRP clears the triangle’s upper boundary, the next upside target sits near $1.61 (about +10%), aligning with the 0.382 Fibonacci level. The bullish thesis remains intact while XRP holds above its rising trendline; a break below would weaken the setup and refocus attention toward roughly $1.38. On-chain, CryptoQuant data highlights record XRP withdrawals from South Korean exchanges (e.g., Upbit). This typically reduces near-term exchange sell pressure and signals holders shifting to custody. In parallel, the 90-day whale flow for XRP has flipped positive after months of distribution, suggesting large holders may be rebuilding exposure during consolidation rather than selling into rallies. Overall, the alignment of Korean spot outflows and improving whale accumulation points to stronger odds of an XRP upside move if $1.52 is reclaimed.

Hyperliquid’s S&P 500 perpetual launched via a licensing deal with S&P Dow Jones Indices, described as the first officially licensed S&P 500 perpetual using institutional-grade index data. Early traction was immediate: 24-hour volume topped $100M within days and the contract quickly became one of the exchange’s 10 largest trading pairs. For crypto traders, Hyperliquid’s S&P 500 perpetual strengthens the platform’s 24/7 onchain price discovery for traditional assets and expands the “TradFi benchmark” narrative beyond off-hours. It also aligns with Hyperliquid’s HIP 3 ecosystem, which supports permissionless deployment of new perpetual markets. Aggregate open interest across HIP 3 markets is about $1.43B (up over 100x in six months), as tokenized equities, commodities, and macro products gain alongside crypto pairs. Trade[XYZ] (positioned by S&P as a leading RWA markets provider on Hyperliquid) says it processed $100B+ in volume since Oct 2025, with annualized volume above $600B. Its “Discovery Bounds” update—deployed ahead of the S&P 500 launch—targets limiting extreme off-hours swings while still allowing markets to move. Previously, Trade[XYZ] saw weekend oil volume exceed $1B amid geopolitical volatility, supporting demand for traditional derivatives when legacy exchanges are closed. Overall, the licensed Hyperliquid S&P 500 perpetual appears to be drawing fresh exchange attention and could increase liquidity and speculative participation in benchmark-linked perps.

Zero Trust is being positioned as the security foundation for government digital services as access shifts to homes, mobile devices, and third-party vendors. It replaces the outdated perimeter assumption (“trust but verify”) with a continuous “never trust, always verify” model. Instead of assuming that anything inside the network boundary is safe, Zero Trust continuously checks every access request. It verifies three core elements before granting access: identity (often via multi-factor authentication and stronger credentials), device posture (patch level and approved software), and context (location, time, data sensitivity, and deviation from normal behavior). Access is also limited to the minimum needed and typically expires after the task. The article cites why the traditional approach fails for government IT, including work from home, cross-organization service flows, and incidents like SolarWinds, where attackers leveraged “trusted” internal access for lateral movement. Key business outcomes highlighted include reduced fraud (e.g., blocking benefit access from unusual locations using stolen credentials), breach containment (limiting the blast radius of a single compromised account), and better compliance through detailed access logs for frameworks such as NIST 800-53 and HIPAA. For leaders, the article recommends three questions: identify data flows outside current protection, assess current identity/device verification (many agencies rely on passwords alone), and plan incremental implementation (Zero Trust is an architecture, not a single product). The piece concludes with an implementation roadmap focused on improving service delivery—without VPN friction—while supporting hybrid work and inter-agency collaboration. It also promotes SpruceID’s identity and privacy-preserving verification approach as an enabler for Zero Trust.

Morgan Stanley’s proposed spot Bitcoin ETF, ticker “MSBT,” could unlock up to $160 billion in new institutional Bitcoin ETF demand if portfolios allocate around 2% to Bitcoin. The firm, whose strategy chief Phong Le cited institutional diversification assumptions, expects 0–4% Bitcoin exposure across client risk profiles. The fund would hold physical Bitcoin. BNY Mellon is listed for cash custody, administration, and transfer services, while Coinbase is selected for Bitcoin custody and primary brokerage. Filings describe an in-kind, unit-based creation/redemption mechanism, with initial funding reportedly near $1 million and the bank purchasing two shares as part of regulatory oversight. Regulatory approval remains pending, so the launch timeline is uncertain. In the U.S., existing spot Bitcoin ETFs have attracted over $50 billion in 2024, but advisory adoption has varied due to internal policies and client-specific demand. If approved, Morgan Stanley would add a major traditional-finance distribution channel for spot Bitcoin ETF access, potentially increasing liquidity and institutional participation. For traders, the headline is a classic “institutional wrapper” catalyst: expectations of incremental inflows into Bitcoin ETF products can lift BTC sentiment, though timing risk from the SEC approval process can create volatility around news flow.

Kalshi, the US prediction market platform, raised $1 billion at a $22 billion valuation, reportedly doubling its December valuation to $11 billion. The round was led by Coatue Management, with earlier investors including Paradigm, Ark Invest, Andreessen Horowitz, and Sequoia. Kalshi did not confirm the funding. The momentum follows a regulatory turning point. After a 2023 attempt by the US CFTC to block Kalshi’s election contracts, court outcomes and the later dismissal/withdrawal of the CFTC appeal (reported through May 2025) effectively cleared Kalshi to offer election-related markets. This regulatory clarity helped drive rapid growth. However, the news also adds legal risk from state authorities. Arizona has filed criminal charges alleging Kalshi’s election wagering operates as an illegal gambling business. For traders, this is more about market-structure sentiment around prediction markets and mainstream capital than an immediate token-specific catalyst, but ongoing regulatory and legal headlines could create intermittent volatility in related narratives. Kalshi remains in competition with Polymarket, which is more focused on non-US markets, highlighting rising demand for regulated event-based trading products among US users.

A Protos report argues that Ripple co-founder and executive chairman Chris Larsen has outsized influence over Evernorth, an XRP treasury company planned to go public via the Nasdaq blank-check firm Armada Acquisition. Key claims center on RippleWorks, an IRS-registered nonprofit Larsen co-founded. The report says RippleWorks invested $500,000 in cash plus 211,319,096 XRP into Arrington XRP Capital Fund, LP, the sponsor vehicle tied to the Evernorth deal. It also claims the fund must route RippleWorks’ XRP into Evernorth shares, giving Larsen-linked entities a majority position in limited partner interests. Governance and conflict-of-interest concerns are emphasized using language cited from the SEC Form S-4 filed March 18. The disclosure states the sponsor’s economic interests diverge from public shareholders’ interests and flags potential conflicts involving Larsen’s Ripple duties, his influence over RippleWorks’ investment, and Evernorth shareholders. The report further alleges additional XRP flows into the same structure: the Larsen Lam Children’s Remainder Trust is said to contribute 50 million XRP for 1,832,454 Evernorth shares, while Ripple contributes 126,791,458 XRP. Ripple is therefore presented as one of several Larsen-linked sources feeding the Nasdaq-bound structure. Protos also highlights deal terms that could shift upside to Larsen-linked parties if XRP rises before closing, while public shareholders absorb governance risk already flagged in SEC disclosures. At press time, XRP traded around $1.45.

A new Crypto Daily article frames 2026’s “passive income” in crypto as earning yield without relying on price appreciation. It argues the focus has shifted toward predictable returns, clear mechanics, and better liquidity—rather than chasing unsustainable APYs. The piece outlines five crypto passive income routes: 1) Lending & interest accounts: deposit assets to earn fixed or variable yield. A highlighted example (Clapp, EU-licensed) cites flexible savings up to ~5.2% APY with daily payouts and instant withdrawals, and fixed-term options up to ~8.2% APR with locked rates. 2) Staking: lock tokens to support networks (e.g., Ethereum, Solana), targeting roughly 3%–7% annually, but with lock-up/unbonding periods and risks like slashing. 3) Yield farming: deploy assets in DeFi pools/lending/incentives. It can pay more but adds impermanent loss, smart-contract risk, and requires active rebalancing as yields fluctuate. 4) Dividend-earning tokens: hold tokens that share protocol revenue. Returns depend on real usage/fees and tokenomics, so payouts are not guaranteed. 5) Running a masternode: earn rewards for network infrastructure, typically needing substantial upfront capital and high uptime/technical effort. Overall, the article’s crypto passive income message for 2026 is to balance return with liquidity and operational simplicity. It suggests lower-risk expectations around ~3%–8% annually, while higher yields usually increase complexity and risk.

A Gemini lawsuit is challenging the crypto exchange’s disclosures, alleging shareholders were not told about a pivot toward prediction markets and that Gemini overstated the profitability and growth of its core exchange and custody business. The complaint focuses on securities-law “materiality,” arguing the undisclosed restructuring and associated risk/capital implications could have changed what a reasonable investor would consider. Plaintiffs also must prove financial harm, which may require detailed forensic accounting. The filing frames prediction markets as a regulatory gray area that can intersect with securities and gambling-style rules, potentially pulling resources away from Gemini’s main revenue engine. Separately, Citi downgraded Gemini from Neutral to Sell and cut its price target, while Gemini reported cost-cutting and 2025 revenue steadiness alongside a large net loss. Traders should expect Gemini lawsuit headlines to drive risk sentiment around crypto equities, with near-term volatility likely tied to class certification, motions to dismiss, and subsequent discovery outcomes. For crypto traders, the key takeaway is simple: Gemini lawsuit-related disclosure scrutiny can reinforce a broader “tight controls” narrative for major exchanges under SEC/CFTC pressure.

The crypto market saw sharp deleveraging after the Federal Reserve reinforced a “higher-for-longer” stance. Over $200 million in derivatives positions were liquidated within 24 hours, according to Coinglass data. Bitcoin led the sell-off, dropping below key levels near $72,000 and $70,000. The liquidation breakdown showed about $103 million in long liquidations, indicating traders’ bullish positions were forced out. These crypto market liquidations intensified price moves, as forced closures added sell pressure during an already weakening tape. In the macro backdrop, the Fed kept its benchmark rate at 3.50%–3.75%, but the message was hawkish: higher inflation forecasts for 2026, a dot plot implying only one rate cut, and slower-than-expected inflation progress noted by Chair Jerome Powell. Rising oil prices linked to Middle East tensions further supported higher projections. The net effect is reduced liquidity, which typically weighs on risk assets and speculative leverage. For traders, the key watch is whether BTC can reclaim and hold above $70,000. As long as expectations for restrictive monetary policy persist, leverage may remain constrained and volatility elevated, keeping the market prone to further liquidation-driven cascades.

Brent Crude Oil Price is holding near triple digits at about $110.7 on March 20, after dipping toward $110 earlier. Brent has not returned to the pre-conflict range, and traders continue to price a geopolitical risk premium. The key driver is ongoing Middle East supply risk, with the Strait of Hormuz—carrying roughly one-fifth of global oil flows—remaining a focal point. Over the past month, crude is up more than 46%, including an intraday spike to around $111.04 on March 8 as the war escalated; WTI also rose. Even when prices ease, markets appear to expect more disruption. UBS warns that a prolonged Strait of Hormuz closure could lift Brent above $100, while attacks on regional energy infrastructure could push prices higher. Reuters also noted investors and US producers moving to lock in high prices as volatility surged. For crypto traders, the macro link matters: a higher Brent Crude Oil Price can keep inflation sticky via fuel and transport costs, complicating central-bank rate expectations. Historically, oil strength can raise equity/bond volatility and reinforce risk-off flows, which can translate into correlated drawdowns for high-beta crypto via liquidity and risk sentiment channels. Brent staying above $110 suggests the supply-risk premium is not fading.

SEC and CFTC issued a joint interpretive release on Mar 17 that clarifies U.S. crypto regulation. The SEC and CFTC explicitly label 16 tokens as “digital commodities,” which are treated as less likely to be securities, including BTC, ETH, SOL, XRP, DOGE, ADA, AVAX, LINK, DOT, HBAR, LTC, BCH, SHIB, XLM, XTZ and APT. Beyond the named list, the SEC and CFTC group assets into five categories: digital commodities, digital collectibles, digital tools, stablecoins, and digital securities. The definition of a digital commodity centers on whether token value comes from the functional operation of a network and supply/demand—rather than from buyers relying on the “essential managerial efforts” of others (Howey-test focus). The release also directly addresses three long-debated areas: proof-of-work mining (treated as administrative/ministerial), staking (guidance across solo, self-custodial, third-party custodial, and liquid staking models), and non-security airdrops (no “investment of money” to recipients with no consideration). It is not a law, but the agencies say it will guide enforcement. It arrives alongside the March 11 SEC–CFTC MOU to coordinate oversight, and alongside the CLARITY Act process in Congress, which would codify the framework.

Large crypto orders can fail on execution, even when the quote looks good on-screen. The article explains that once size increases, traders face market impact and information leakage: visible liquidity thins, other participants infer urgency, and average fills worsen versus the initial price. The core question becomes matching the right workflow to size, urgency, liquidity, and privacy. For execution style, a standard CEX order book can still work best when the pair is deep and the order is manageable, with limit/algo logic to control pacing. However, public order books are not discreet—repeated child orders can still signal intent. OTC is positioned as the solution when discretion and certainty matter most. OTC moves trading away from the public book for more private handling, deeper liquidity, tighter spreads, and higher-touch settlement support. RFQ sits between the two: it is a short-duration, structured electronic process where a trader requests quotes for a defined size and can accept a fixed price (typically inclusive of fees) within a time window. The article argues that “CEX, OTC, or RFQ” often comes down to minimizing signaling while preserving fill quality. Hidden risk highlighted: broadcasting intent by using public execution routes for orders that are too large, or chasing in slices. Overall, the best price is defined as the best net execution after slippage, fees, fill certainty, and settlement reliability—especially for “CEX, OTC, or RFQ” decisions.