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🇺🇸 JUST IN: South Carolina has become the latest US state to dismiss its lawsuit against Coinbase for allegedly offering unregistered securities to users through a staking service.
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⚡️ LATEST: OpenAI CEO Sam Altman announced the company is putting a temporary rate limits in ChatGPT, saying its GPUs are melting after a viral social media trend that saw nearly everything “Ghiblifyied”.
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🚨TODAY: The US Government moved $8.46M in $BTC and $1.77M in $ETH from Sae-Heng Confiscated Funds, per Arkham.
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🗞 Catch up on the news over the last 24 hours!
🇺🇸 The US Senate has just passed the resolution to repeal the IRS DeFi broker rule with a 70-28 vote, next heading to President Trump’s desk.
⚡️Robinhood introduces wealth management, banking services, and AI-powered investment tool features in its latest keynote event, 'The Lost City of Gold.'
🔥 Bernstein analyst predicts Strategy’s Bitcoin holdings could double to 1M $BTC in a bull case scenario, and expects Bitcoin to hit $200,000 by the end of 2025, $500,000 by 2029, and $1 million by 2033.
🇺🇸 The Digital Assets Subcommittee Chairman Bryan Steil and House Financial Services Committee Chairman French Hill have officially introduced the STABLE Act, establishing a framework for the issuance and operation of dollar-denominated payment stablecoins in the US.
🇺🇸 ETF FLOWS: Around 1,030 BTC were bought and 2,860 ETH were sold on Mar. 26.
🇫🇷 France’s Blockchain Group has acquired 580 more BTC for €47.3M — now holding a total of 620 Bitcoin.
🔥 Sequoia, Benchmark, and other top VCs have invested $400M+ into The Open Network (TON), backing its rise as the backbone of Telegram’s creator economy.
🚨 Ripple partners with Chipper Cash to enable instant, cost-effective cross border payments into Africa via crypto and Ripple Pay.
🇫🇷 French state-owned bank Bpifrance launches €25m fund for new French crypto tokens.
🐋 A crypto whale has just purchased 51,209 $ETH worth $103 million on Coinbase.
⚡️ OpenAI is nearing a $40 billion SoftBank-led funding round that would value it at $300 billion.
🇰🇿 Kazakhstan is planning to establish a national crypto bank to regulate all cryptocurrency transactions in the country.
🚨 Crypto. com has announced that the SEC has agreed to close its investigation against the cryptocurrency exchange with no enforcement action taken.
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Sei Foundation floats 23andMe acquisition, genetic data on the blockchain
23andMe announced it was filing for bankruptcy in the US on March 23, leading to concerns from many users about the privacy of their genetic data.
https://ct.com/e9k3
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⚡️ JUST IN: OpenAI is nearing a $40 billion SoftBank-led funding round that would value it at $300 billion.
Revenue is expected to hit $12.7 billion this year, but the company won’t be cash-flow positive until 2029.
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🇫🇷 NEW: French state-owned bank Bpifrance launches €25m fund for new French crypto tokens.
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🇺🇸 JUST IN: The US Senate has just passed the resolution to repeal the IRS DeFi broker rule with a 70-28 vote, next heading to President Trump’s desk.
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🔥 BULLISH: Michael Saylor’s Strategy acquires 6,911 $BTC worth $584.1M at an average of ~$84,529 per BTC.
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🇺🇸 NEW: The US authorities are returning $7M to victims of a crypto investment scam that tricked them into sending money to fake cryptocurrency investment platforms.
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🚨 LATEST: BitMex co-founder Arthur Hayes predicts Bitcoin will hit $110k before retesting $76.5k, claiming Fed is switching from QT to QE for treasuries and dismisses tariff concerns, citing "transitory inflation."
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⚡️ NEW: The IMF says digitalization has created new financial services and digital assets designed to be used as “a means of payment or act as a store of value.”
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Cathie Wood to kick off El Salvador's AI public education program
El Salvador's Bitcoin Office touted the CUBO AI program as the only public education initiative that leverages top-tier industry experts.
https://ct.com/e8bu
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Saylor hints at impending BTC purchase after latest capital raise
Strategy has staggered its most recent BTC purchases after a 12-week consecutive buying streak between November 2024 and January 2025.
https://ct.com/e8a3
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Bitcoin needs weekly close above $85k to avoid correction to $76k: analysts
A Bitcoin weekly close above $85,000 will be “critical for resuming upside momentum,” amid ongoing trade war concerns, analysts told Cointelegraph.
https://ct.com/e88x
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🇺🇸 ETF FLOWS: Around 1,020 BTC were bought and 2,090 ETH were sold on Mar. 27.
BTC ETFs saw $89M in net inflows.
ETH ETFs saw $4.2M in net outflows.
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🇺🇸 NEW: South Carolina introduces its Bitcoin Reserve bill (H4256) that allows the State Treasurer to invest 10% of the state funds into Bitcoin, with a cap of 1 million $BTC for its Bitcoin Reserve.
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🚨 TODAY: The SEC has formally announced the dismissal of civil enforcement action against Kraken, Consensys, and Cumberland as part of its efforts to reform and renew regulatory approach to the crypto industry.
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🚨 BREAKING: Crypto. com has announced that the SEC has agreed to close its investigation against the cryptocurrency exchange with no enforcement action taken.
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🇰🇿 LATEST: Kazakhstan is planning to establish a national crypto bank to regulate all cryptocurrency transactions in the country.
Lawmakers claim that 90% of crypto operations currently take place outside the legal framework.
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🐋 NOW: A crypto whale has just purchased 51,209 $ETH worth $103 million on Coinbase.
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🔥 NEW: Sequoia, Benchmark, and other top VCs have invested $400M+ into The Open Network (TON), backing its rise as the backbone of Telegram’s creator economy.
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🇺🇸 ETF FLOWS: Around 306 BTC were bought and 1,590 ETH were sold on Mar. 25.
BTC ETFs saw $26.8M in net inflows.
ETH ETFs saw $3.30M in net outflows.
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🚨 LATEST: The US Treasury argues no final court judgment is needed in the Tornado Cash lawsuit following its action dropping Tornado Cash from the sanction list on March 21.
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🚨NOW: Trump-backed World Liberty Financial bought 3.54M $MNT worth nearly $3M, per data from Arkham.
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🔥 JUST IN: Metaplanet bought 150 $BTC worth around $12.6 million, totalling to 3,350 $BTC on their balance sheet.
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🚨 JUST IN: Fidelity files for a US Treasury Fund ‘OnChain’ on Ethereum with the SEC, expecting the product to go live on May 30.
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Bitcoin mining hashprice stays flat despite higher difficulty: Report
The mining industry continues to struggle and faces multiple headwinds, including high computing costs, trade war fears, and energy issues.
https://ct.com/e8b6
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ETH may reclaim $2.2K "macro range" amid growing whale accumulation
Ether whale accumulation started rising at the beginning of March, suggesting that large holders are expecting an ETH rally in the near term.
https://ct.com/e896
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Sonic unveils high-yield algorithmic stablecoin, reigniting Terra-Luna ‘PTSD’
The implementation comes nearly three years after the $40 billion stablecoin issuer Terra collapsed in May 2022.
https://ct.com/e88i
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