Today's Crypto and Bitcoin News

Republican senators on the Senate Banking Committee reportedly pressed White House Crypto Council Executive Director Patrick Witt on Thursday to publicly release a study by the Council of Economic Advisers examining stablecoin yield and its potential impact on bank deposits.Sources familiar with the...

EtherFi, the crypto neobank and Ethereum restaking protocol with nearly $6 billion in total value locked (TVL), is integrating Plume Network's Nest Vault infrastructure to give its users access to tokenized real-world asset (RWA) yield.The integration centers on Plume's nBASIS vault, powered by Supe...

Bitcoin is taking hits from multiple directions at once fueling bearish price prediction.Trading around $69,500 after retreating from recent highs, the market is trying to absorb a historic supply shock. 44,459 BTC worth roughly $3.15 billion hit exchanges in a single day. Long dormant holders are c...

South Korea is not just delaying its crypto tax anymore. It wants to kill it entirely.The People Power Party has introduced a bill to strike digital asset taxation from the Income Tax Act completely, ahead of its rescheduled 2027 implementation. The opposition Democratic Party, which holds the legis...

Key InsightsBitcoin ETFs posted $129.62 million in net outflows on March 18.Fidelity’s FBTC recorded the largest single-day outflow of the session at $103.84 million.Ethereum ETFs also turned negative on the day with $55.51 million in outflows.Bitcoin ETFs posted $129.62 million in net outflows on M...

TL;DRSamson Mow argues Ethereum is not money, criticizing the Foundation for selling ETH.He claims Ethereum builders avoid holding ETH, preferring stablecoins or fiat instead.Mow contrasts this with Bitcoin, stating its builders happily accept BTC payments.Samson Mow, CEO of JAN3 and recognized Bitc...

FTX will distribute $2.2B on March 31, with payments processed via BitGo, Kraken, and Payoneer.Several creditor classes will reach near or full recovery, with some exceeding 100% payouts.Total repayments now exceed $6B as the estate continues asset liquidation and distributions.The FTX Recovery Trus...

Metaverse land never recovered. The numbers now show how far it fellThe biggest metaverse land deals of the 2021 and 2022 boom now map to four- and five-digit values when priced against current collection floors, rather than the six- and seven-figure valuations buyers once paid.The decline runs thro...

Crypto.com has reduced its workforce by roughly 12% as part of a broader push to integrate artificial intelligence across its operations, with CEO Kris Marszalek warning that companies slow to adopt AI risk being left behind.In a statement, Marszalek said the firm is moving toward “enterprise-wide A...

Key Insights:Tim Scott stated that lawmakers could reach a deal on stablecoin yield, critical to the stalled crypto market structure bill, by the end of the weekThe debate centers on whether companies like Coinbase can provide returns on stablecoins, a long-standing point of contention between crypt...

Vivek Ramaswamy Strive Asset Management just passed Tesla on the corporate Bitcoin leaderboard.The firm now holds 13,310.9 BTC worth roughly $944 million, claiming the 10th spot among public treasury holders. Tesla’s 11,509 BTC is now behind them.The update came alongside Q4 results that also confir...

Morgan Stanley filed its second S-1 amendment with the Securities and Exchange Commission (SEC) for the Morgan Stanley Bitcoin (BTC) Trust, a spot Bitcoin exchange-traded fund (ETF) set to trade under ticker MSBT on NYSE Arca.If approved, MSBT would be the first spot Bitcoin ETF issued by a major US...

Ethereum witnessed fresh losses on Thursday amidst the broader market pullback. The crypto asset shed almost 5%, pushing the price down toward $2,100.New data suggest that ETH has entered a historically significant accumulation zone, and past data show strong upside following similar MVRV compressio...

Private credit is having a moment — and not the flattering kind — as defaults climb to levels that outpace widely cited 2008 benchmarks while liquidity concerns quietly lurk beneath the surface.Default Rates Jump in Private Credit as Market Grows to $1.8 TrillionFitch Ratings reported that its Priv...

Stablecoin legislation bill is one step away from crossing the finish line.Senator Thom Tillis confirmed Wednesday that a deal on digital asset yield is very close. Finalized text is expected next week.The core question is simple but massive. Can stablecoin issuers and exchanges legally offer yield ...