Today's Crypto and Bitcoin News
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Wednesday2026/04
03-18
Coinbase Competes for Cloudflare Deal to Build AI Stablecoin
Coinbase is reportedly in the running to partner with Cloudflare on issuing a stablecoin purpose-built for AI transactions. The deal, first reported by The Information, would position both companies at the intersection of two industries that can’t stop talking about each other.If that sounds like a ...
Citibank Downgrades Gemini to Sell, Reduces Price Target to $5.50
BlockBeats news, on March 19, Citigroup downgraded the cryptocurrency trading platform Gemini from neutral to sell, lowering its price target from $13 to $5.50, stating that the platform will still take years to achieve profitability.Earlier today, Citibank announced it had lowered its one-year pric...
FTX to Distribute $2.2B to Creditors in Fourth Round of Repayments
FTX will distribute approximately $2.2 billion to creditors on 31 March 2026, marking its fourth round of repayments under the exchange’s Chapter 11 recovery plan.The latest payout brings several creditor classes close to—or fully—recovered positions, underscoring steady progress in one of the large...
Hyperliquid Launches S&P 500 Perpetual Market, HYPE Price Rises
The product enables eligible non-U.S. investors to gain leveraged exposure to the S&P 500 through an on-chain platform that operates continuously, without reliance on traditional stock exchange hours.The newly introduced contract is the first officially licensed perpetual derivative tied to the ...
Bitcoin Stuck at $74K Amid Fed Policy Focus and Macro-Driven Market Pressure
Bitcoin (BTC) is hanging around $74k, still respecting the post‑shock range and struggling to clear recent highs.Bitcoin Range HoldsToday’s QCP Market Colour reports that “the damage has been fairly contained”: the broader crypto market is soft compared with November–January, but continues to be und...
Polymarket Launches New Market on Whether Neymar Will Join the 2026 World Cup
According to PolyBeats, Polymarket has launched a new market: "Will Neymar play in the 2026 World Cup?" The current probability for "Yes" is 37%.Neymar, 34, has been plagued by injuries and delivered a lackluster performance in the league match against Corinthians on March 15. On March 16, when Braz...
Elon Musk is negotiating a settlement with the SEC over X share disclosure ahead of SpaceX’s IPO.
Odaily Planet Daily reports that, according to a court filing by the U.S. Securities and Exchange Commission (SEC), Elon Musk is negotiating a settlement with the SEC regarding his failure to disclose his purchases of Twitter shares—now renamed X—prior to making his acquisition offer in April 2022. ...
Polymarket Launches New Market on Whether Neymar Will Attend the 2026 World Cup
According to PolyBeats, Polymarket has launched a new market: "Will Neymar play in the 2026 World Cup?" The current probability for "Yes" is 37%.Neymar, 34, has been plagued by injuries and delivered a lackluster performance in the league match against Corinthians on March 15. On March 16, when Braz...
Elon Musk is negotiating a settlement with the SEC over X share disclosure, aiming to clear the way for a SpaceX IPO.
ChainCatcher report: According to market sources, a court filing by the U.S. Securities and Exchange Commission (SEC) reveals that Elon Musk is currently negotiating a settlement with the SEC regarding his acquisition of shares in Twitter (now rebranded as X). The report states that SpaceX’s bankers...
trade.xyz Launches the First Official S&P 500 Perpetual Contract on Hyperliquid
Odaily Planet Daily reports that trade.xyz announced on X that S&P Dow Jones Indices, in collaboration with trade.xyz, has launched the first official S&P 500 perpetual contract on Hyperliquid. The contract is based on official index data and supports 24/7 year-round trading.
FTX Liquidation Trust to Launch New Payout Round on March 31
Odaily Planet Daily reports that Sunil, representative of FTX creditors, posted on X that the FTX liquidation trust plans to launch a new round of repayments on March 31; however, the specific amount of the distribution has not yet been announced. The current claims portal still reflects distributio...
Global liquidations reach $384M in 24 hours, with longs accounting for $332M.
ChainCatcher report, according to Coinglass data, over the past 24 hours, the entire market saw $384 million in liquidations, with $332 million from long positions and $52.438 million from short positions. Among these, Bitcoin longs were liquidated for $117 million and Bitcoin shorts for $9.6494 mil...
UK Report Warns of 'Unacceptable Risk' from Crypto Political Donations
A new UK parliament policy report has warned that cryptocurrency donations pose an “unacceptable risk” to the integrity of political finance. This raises the prospect of tighter restrictions—or an outright ban—ahead of future elections.The findings come amid growing concern that digital assets could...
Bitcoin No Longer a High-Beta Play – But Still Not a Safe Haven, QCP Warns
Bitcoin was trading below $72,000 on Wednesday after failing to hold within its post-shock range but showing limited ability to build momentum beyond its recent high.According to a market update by QCP Capital, the cryptocurrency is no longer trading like a pure high-beta risk asset, but it is not y...
SEC Classifies Solana, Bitcoin, and Ethereum as Digital Commodities
The U.S. Securities and Exchange Commission (SEC) has officially confirmed that Solana ($SOL) is a digital commodity, joining Bitcoin and Ethereum in this classification. This clarification ends years of uncertainty over how cryptocurrencies fall under federal securities laws. The new framework come...
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