Today's Crypto and Bitcoin News

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Wednesday2026/0408
03-18

SOL Breaks $93 Floor, Analysts Flag Potential Short Squeeze

Solana’s SOL token jumped past a key technical resistance level at about $93, turning what analysts called a “39-day distribution zone” into a structural floor.The move has brought two price targets into focus, one being an initial level near $103 and a secondary one near $113.Breakout Above $93 Shi...

Tether Launches Cross-Platform BitNet LoRA Framework for AI Training on Consumer Devices

Tether’s BitNet LoRA framework enables AI model training across smartphones, GPUs, and consumer devices.The system reduces memory use and boosts performance, with up to 77.8% lower VRAM requirements.Users can fine-tune models up to 13B parameters on mobile devices, expanding edge AI capabilities.Tet...

Hong Kong's RedotPay Aims to Raise $150M Pre-IPO for U.S. Listing at $4B Valuation

RedotPay is looking to raise $150 million in a pre-IPO round. The Hong Kong based stablecoin payment processor is targeting a $4 billion valuation.The plan is to lock in capital before a US public listing that could come as early as this year.What makes it interesting is the context. The company say...

Bitcoin Monthly Chart Suggests Potential Market Shift

Bitcoin is starting to show intriguing signals on the monthly time frame, with long-term data hinting at a potential shift in market structure. While short-term price action often captures attention, it is the higher-time-frame trends that typically define the broader market direction, and those sig...

Fairshake's $10M Illinois Loss Marks First Major Setback in Crypto Political Spending

Losing a race is unusual for the crypto industry's political action committee, Fairshake, which has recorded a dominant record in the past two congressional elections. But the Illinois primaries this week saw its biggest-ever setback, likely to conclude with a new member of the Senate next year bein...

Polymarket Acquires Brahma to Expand Blockchain Trading Infrastructure

Prediction markets platform Polymarket announced Wednesday the acquisition of Brahma, a financial infrastructure company that built real-time execution and settlement systems for high-volume digital asset and fintech transactions."[Brahma has] quickly become an industry leader in building and develo...

Nebius Prices $4 Billion Convertible Notes to Fuel AI Data Center Expansion

Nebius Group N.V. priced an upsized $4 billion convertible senior notes offering on Wednesday increasing the deal size after strong institutional demand.Inside Nebius’ $4B Raise to Power Next-Gen AI InfrastructureNebius, the Nasdaq-listed AI infrastructure firm, trading under NBIS, had initially pro...

Shiba Inu Exec Says SHIB Classified as Digital Commodity by SEC

TL;DRSHIB has been identified in SEC-related guidance, shared by Lucie, as a digital commodity rather than a security.The report reportedly reclassified 16 major cryptocurrencies, with Shiba Inu grouped alongside Bitcoin, Ethereum, XRP and Dogecoin.Lucie said the clarification restores confidence, v...

Redotpay Eyes $150M Raise Ahead of Potential 2026 U.S. IPO

Hong Kong-based fintech Redotpay is in talks to raise up to $150 million ahead of a potential U.S. IPO, aiming to cement its role in turning stablecoins into everyday spending tools.Redotpay Positions Itself as Revolut-Style Crypto Payments LeaderAccording to Bloomberg, the fundraising effort foll...

Bitcoin ETFs Extend Inflow Streak as Institutional Demand Returns

Key InsightsBitcoin ETFs recorded longest inflow streak since Oct. 2025.Institutional demand returned despite weak trading volumes.Altcoin ETFs followed with mixed year-to-date performance.U.S. spot Bitcoin ETFs extended their inflow streak to seven straight sessions on March 17. This marked the lon...

Fold Posts $69.6M Net Loss in 2025 Amid Bitcoin Credit Card Expansion

Fold just finished its debut year as a public company. The report card is… mixed.The bitcoin-focused financial services firm reported a net loss of $69.6 million for the full year 2025, according to its annual filing released Tuesday. Revenue climbed 34% year-over-year to $31.8 million, but operatin...

Fed Holds Rates Steady, 1% Chance of April Hike

BlockBeats news, on March 19, according to CME FedWatch, the probability of the Fed maintaining rates unchanged until April is 97%, the probability of a 25-basis-point rate cut is 2%, and the probability of a 25-basis-point rate hike is 1%.The probability of maintaining interest rates unchanged thro...

Thena's THE Token Drops 44% After Venus Protocol Supply-Cap Exploit

TL;DR: THE token has suffered a 44% devaluation, dropping from $0.27 to $0.15 following the supply-cap manipulation on Venus Protocol on March 15. The attacker extracted $14.9 million in assets (BNB, CAKE, BTCB) after artificially inflating borrowing power by accumulating 14.5 million tokens. Venus ...

BTC Dominance Break Could Trigger Altcoin Season or Deeper Market Stress

TL;DRBTC.D has spent six months between 58% and 60%, turning Bitcoin dominance into the market’s main signal for what comes next.A break below 58% would support an ETH/BTC move above 0.0320 and strengthen the case for a genuine altcoin season.A break above 60% could send dominance toward 63% or 64%,...

Fed to Keep Rates Unchanged in April with 96.9% Probability

ChainCatcher report, according to CNBC, CME's "FedWatch" tool shows that the probability of the Federal Reserve maintaining interest rates unchanged through April is 96.9% (unchanged from before the decision), the probability of a cumulative 25-basis-point cut is 2% (unchanged from before the decisi...

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