Crypto News

- Crypto Business Backed by Reform Donor Loses £1.5bn on Gold Rout A crypto business backed by Reform’s biggest donor has suffered a $2bn (£1.5bn) hit from a sell-off in gold. Tether, which counts billionaire Christopher Harborne as one of its key shareholders, has been hammered by a 20pc drop in the precious metal’s price since January. While its primary business is crypto, Tether has become the world’s largest corporate buyer of gold in recent years, which it uses alongside traditional currencies and other assets to underwrite the value of its digital token. Tether had amassed 148 tonnes of gold worth more than $23.3bn as of Jan 31, according to a report by investment bank Jefferies. This is greater than reserves held...

- Ark Invest, the investment firm of notable tech investor Cathie Wood, shed millions of dollars’ worth of shares of major tech stocks on Thursday, significantly trimming positions in Nvidia and Meta while also diminishing its exposure to Bitcoin via its own Bitcoin ETF. The firm’s Thursday activity saw it part with nearly $41 million worth of Meta (META) and more than $26 million in Nvidia (NVDA), both of which have fallen further since the opening bell on Friday, dropping 2.98% and 1.55%, respectively. The prominent tech stocks have fared much worse over the last month, with META dropping more than 17% over that time to change hands around $531. The bulk of those losses—around 10%—have come in the last week as the social media...

- Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH), the native token of the Ethereum blockchain, are the world's two most valuable cryptocurrencies. They're both considered "blue chip" tokens with more staying power than the smaller altcoins and meme coins. Over the past three years, Bitcoin's price has risen 145%, while Ether's has increased only 16%. But over the next three years, Ether could have a shot at outperforming Bitcoin again. Why did Bitcoin outperform Ether over the past three years? Bitcoin, which is actively mined with the energy-intensive proof-of-work (PoW) consensus mechanism, is often considered "digital gold" due to its scarcity. Nearly 20 million of its maximum supply of 21 million tokens have already been mined...

- Bitcoin Slumps With Options Showing Traders Turning Defensive (Bloomberg) -- Bitcoin fell to its lowest level in more than two weeks as traders turned defensive following the year’s largest options expiry, while investors continued pulling money from crypto exchange-traded funds. The original cryptocurrency fell as much as 4.3% to $65,997, the lowest since March 9. The token has been stuck between roughly $60,000 and $75,000 in recent weeks, drifting well below its October 2025 peak of around $126,000. Roughly $14 billion of Bitcoin options expired Friday, as measured by the number for outstanding contracts, known as open interest. The quarterly rollover comes amid conflicting signals on the prospect of a halt to the nearly...

Does Crypto Journalism Affect Price? 12 Years of Research Reveals Answer Key Takeaways The long-held belief that headlines drive crypto markets may be overstated, according to a new study analysing more than a decade of Bitcoin prices and media coverage. Researchers examining 63,926 headlines from crypto publication CoinDesk between 2014 and 2025 found no evidence that news coverage predicts Bitcoin’s price movements on a daily basis. Instead, the study suggests markets tend to move first, with journalists reacting after the fact. Study Examines 12 Years of Data The research matched daily Bitcoin closing prices with headline volumes across 4,381 days, covering multiple market cycles including the COVID-19 crash, the FTX collapse...

- Bitcoin ETFs See Biggest Single-Day Outflow In Three Weeks Bitcoin (CRYPTO: $BTC) exchange-traded funds (ETFs) have experienced their biggest single-day outflow in three weeks as investors move away from risk assets. On March 26, investors withdrew a combined $171.12 million U.S. from a dozen U.S.-listed spot BTC ETFs, the largest one-day outflow in nearly a month, according to data from SoSoValue. BlackRock’s popular iShares Bitcoin Trust ETF (NASDAQ: $IBIT) saw $41.92 million U.S. in outflows, while other funds recorded withdrawals in the $20 million U.S. to $30 million U.S. range. Launched in 2024 The spot ETFs allow investors to gain exposure to Bitcoin’s price movements without having to own the cryptocurrency directly...

- GameStop Dispels Rumours It Sold $324 Million Worth Of Bitcoin Video game retailer GameStop (NYSE: $GME) is refuting online rumours that it sold its $324 million U.S. Bitcoin (CRYPTO: $BTC) holding. There has been widespread speculation that GameStop had exited the Bitcoin position it acquired in 2025 and was changing its cryptocurrency treasury strategy. But the company’s latest 10-K regulatory filing with the U.S. Securities and Exchange Commission (SEC) shows that GameStop still owns 4,709 BTC. GameStop said the confusion arose after it used its Bitcoin holdings as collateral with Coinbase Credit (NASDAQ: $COIN) as part of a covered-call strategy. "In the fourth quarter of fiscal 2025, we entered into an agreement with...

Morning Minute: Fannie Mae Accepts Crypto for Mortgages Today’s top news: 🌎 Bitcoin Falls Ahead of Iran War “Final Blow” BTC fell below $67,000 overnight after reports of the Pentagon actively preparing plans for a “final blow” in Iran, which includes ground forces and a massive bombing campaign. Trump announced an extension of the military pause to 10 days, citing ongoing diplomatic talks that are “going very well.” This led to a brief rebound in prices before a deeper selloff overnight. Bitcoin Dips Under $67K as Geopolitical Uncertainty, Treasury Yields Spook Traders The week closes with three convergent events: a $15B options expiry on Deribit, PCE inflation data, and the expiration of Trump’s original diplomatic window, all...

- Bitcoin Dips Under $67K as Geopolitical Uncertainty, Treasury Yields Spook Traders Bitcoin and the broader crypto market continue to stack losses this week as March comes to a close, with experts anticipating rangebound price action and increased volatility in the near term. The leading crypto dropped to lows of $66,400 Friday, Bitcoin’s lowest level since March 9. It is currently trading at $66,633, down 3.9% in the past 24 hours and 5.6% on the week. Bitcoin’s drop this week is primarily driven by macroeconomic risk-off conditions resulting from the geopolitics, involving the Middle East war, Andri Fauzan Adziima, research lead at cryptocurrency exchange Bitrue, said. The ripple effects of this war have raised oil prices...

- Hyperliquid Hyperliquid (CRYPTO: HYPE) is a decentralized finance (DeFi) token that continues to soar in value. It's now the 10th-largest cryptocurrency in the world, with a massive $10 billion market cap. For the year, it's up a remarkable 50%. Much of that is due to the hype and buzz surrounding the trading of perpetual futures contracts. This is where Hyperliquid built a massive following with crypto traders. This year, it announced the planned introduction of even more exotic trading products, including the types of "yes/no" event contracts that are popular with online prediction markets. But can you trust the hype around HYPE? After all, trading on the Hyperliquid platform is still off-limits to U.S.-based customers, due to...

- With a market cap of about $1.4 trillion, Bitcoin (CRYPTO: BTC) is responsible for 58% of the crypto sector's market cap. Assets don't reach that size unless they're capable of growing for years on end, and most other cryptocurrencies simply can't compete. In that vein, here are four reasons Bitcoin remains the smartest long-term bet in the entire crypto sector. 1. It's the reserve asset of an entire sector Every crypto ecosystem needs a stable unit of account that participants trust to hold value. Although stablecoins are an increasingly popular option, Bitcoin largely fills that role the way the dollar fills it in global trade, mostly because a critical mass of participants chose it. For instance, Wrapped Bitcoin, a tokenized...

- David Sacks: From Crypto Czar to PCAST Co-Chair Venture capitalist David Sacks’ brief but high-profile stint as the White House’s de facto “AI and Crypto Czar” has come to an end, capping roughly four months of influence over U.S. digital asset policy during President Donald Trump’s second administration. His exit from the informal advisory role coincides with a formal elevation to a more structured position in the administration’s technology policy apparatus. Sacks confirmed he will now serve as co-Chair of the President’s Council of Advisors on Science and Technology (PCAST), alongside Office of Science and Technology Policy Director Michael Kratsios. The council includes prominent figures from across Silicon Valley and industry...

- Brazil Just Unlocked Criminal Bitcoin — New Law Lets Police Seize and Spend Crypto Instantly Key Takeaways Brazil is moving more aggressively to cut off criminal money at its source—and crypto is now firmly in focus. On March 25, President Luiz Inácio Lula da Silva signed Law No. 15.358, giving courts and law enforcement expanded powers to freeze, seize, and liquidate digital assets such as Bitcoin linked to serious crimes. Known as the Raul Jungmann Law, or Anti-Gang Law, the measure signals a shift: crypto is no longer just tracked—it can now be actively converted into funding for law enforcement. The Crypto Seizure Law The law specifically targets organized crime groups, including paramilitary networks and private militias...

- Bitcoin has seen a five-month decline from its October 2025 peak of roughly $126,000. Currently priced at about $70,000, a $20,000 move could swing its value to either $90,000 or $50,000. Here are three potential catalysts. More liquidity could be coming Central banks expanding the money supply have historically boosted risky assets like cryptocurrency. The U.S. M2 money supply reached a record $22.4 trillion in January 2026, up 4.3% year over year, with global M2 growing over 10%. Bitcoin bull markets have often coincided with surging liquidity, but Bitcoin's recent negative returns despite global M2 gains suggest a potential lag or change in trend. Increased liquidity could trigger a rally, but persistent divergence may indicate...

- Anchorage Becomes First Federally Chartered US Bank to Custody Tron Crypto Anchorage Digital has added TRX custody and Tron crypto network staking to its platform, making it the first federally chartered crypto bank in the United States to bring the Tron network inside the regulatory perimeter. Tron hosts $84 billion in USDT, more than Ethereum, yet has operated almost entirely outside U.S. institutional frameworks until now. That gap closes here. A federally chartered custodian supporting Tron is not the same as a state-licensed exchange listing TRX. It is a different category of legitimacy, with different compliance obligations, different counterparty implications, and a different signal to the rest of the institutional market...

- Cathie Wood sold Circle before it crashed, then bought the dip. Here’s why the crypto world is watching Most investors watched and waited when shares of the stablecoin issuer Circle Internet Group fell this week. Not ARK Invest CEO Cathie Wood. As Benzinga reports, the multi-millionaire founder bought $16.3-million worth of Circle (NYSE:CRCL) shares on the way down — after selling Circle stock a few days earlier. Must Read Her investment firm’s flagship ETFs — ARK Innovation ETF (BATS:ARKK), ARK Next Generation Internet (BATS:ARKW) and ARK Blockchain & Fintech Innovation (BATS:ARKF) — snapped up 161,513 Circle shares at $101.17 on the same day the stock cratered. The stock fell upon news the proposed Senate CLARITY bill would...

- Bitcoin Faces $14 Billion Options Expiry While Middle East Turmoil Mounts Bitcoin’s largest options expiry of the year is colliding with geopolitical volatility that shows no sign of letting up with make or break peace talks uncertain. Roughly $14 billion of Bitcoin options are set to expire Friday, as measured by the number for outstanding contracts, known as open interest. The quarterly rollover — which wipes out close to 40% of open positions on the dominant Deribit exchange — comes amid conflicting signals on the prospect of a halt to the nearly month-long war in the Middle East. The overlap is sharpening a key question for traders: whether the expiry has been artificially muting Bitcoin’s price swings and if its removal will...

- MrBeast Key Takeaways U.S. Senator Elizabeth Warren has raised concerns about YouTuber Jimmy Donaldson’s expansion into financial services, putting the Tom Lee-backed venture tied to MrBeast under fresh political scrutiny. Warren said she has “questions for MrBeast,” signaling unease over how Beast Industries — Donaldson’s company — may approach financial products and crypto for young people. Warren Presses MrBeast On Crypto In a letter sent to Donaldson and Chief Executive Jeffrey Housenbold, reported by the New York Times, Warren requested detailed information about the company’s move into the highly regulated financial sector following its acquisition of fintech app Step. Step, which is aimed at users under 18, had previously...

- Coinbase Powers First Crypto-Backed Conforming Mortgages Coinbase and Better Home & Finance have operationalized the first conforming crypto-backed mortgage in U.S. history, allowing borrowers to pledge Bitcoin or USDC as collateral for a Fannie Mae-backed home loan without liquidating their positions. The product plugs directly into the $12 trillion U.S. residential mortgage market, not as a niche private offering, but as a GSE-conforming instrument backed by the same federal infrastructure that underwrites more than half of American home purchases. The surface headline is historic. The mechanism underneath it is where the real trade-off lives. BTC is discounted to 40% of market value for collateral purposes; USDC is discounted...

- Coinbase has again refused to back the Digital Asset Market Clarity Act, telling the Senate this week it cannot support the latest draft text, a version specifically engineered to address banking-sector objections over stablecoin yield. The revised bill, circulated Monday and led by Senators Thom Tillis and Angela Alsobrooks, would prohibit crypto exchanges from paying rewards on stablecoin balances and restrict access to transaction size data to impede reward calculations. For Coinbase, this is not a procedural objection. With $1.35 billion in stablecoin revenue reported in 2025, much of it tied to USDC distribution payments from its Circle partnership, the yield question is an existential revenue line. What the Updated Clarity...