The US city is expected to pen an amicus brief in Coinbase’s lawsuit against the state of Michigan, which the exchange filed ahead of its prediction markets launch.Lawyers representing the US city of Detroit plan to file an amicus brief in Coinbase’s lawsuit against Michigan, which argues that federal regulators…

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.Today in crypto, US lawmakers advanced a crypto tax proposal that notably excludes a Bitcoin-specific exemption, signaling a stricter regulatory stance. Meanwhile, New…

The bill proposes exempting dollar-pegged stablecoins from gains or losses if the tokens remain tightly pegged to the underlying fiat currency.US Representatives Max Miller and Steven Horsford published a discussion draft bill on Thursday titled the ‘‘Digital Asset Protection, Accountability, Regulation, Innovation, Taxation, and Yields Act’’ or the ‘‘Digital Asset…

While prediction market platforms are under legal scrutiny in the US, many Coinbase users are claiming that the app is pushing them to gamble.Negative reactions to cryptocurrency exchange Coinbase using its notifications to push bets on event contracts amid the March Madness basketball tournament range from “annoying” to “absurd.”In January,…

Ether traders said ETH price could see further downside after bulls failed to defend the $2,000 support as signs of declining demand were apparent.Ether’s (ETH) drop below the $2,000 on Friday put it at risk of a deeper correction in the coming weeks or months.Key takeaways:Ether’s price shows structural weakness…

Crypto cycles trap retail in speculation. Savings layers with capital preservation and prize incentives rewrite participation for consistent gains.Opinion by: Ilya Tarutov, founder of TramplinCrypto hasn’t struggled because the technology was flawed. Instead, it faltered as a result of the incentive structures the industry created, which have quietly turned it…

Bitcoin joined a risk-asset rout as oil-supply nerves sparked major US inflation warnings, with $70,000 in place as new BTC price resistance.Bitcoin (BTC) neared $66,000 at Friday’s Wall Street open as analysis called US inflation trends “objectively unsustainable.”Key points:Bitcoin drops further on oil-supply woes as Iran closes the Strait of…

ICE completed a new $600 million investment in Polymarket, advancing its $2 billion funding deal as prediction markets face growing scrutiny.Intercontinental Exchange (ICE), the parent of the New York Stock Exchange (NYSE), said Friday it completed a new $600 million direct cash investment in Polymarket, deepening its bet on prediction…

An ECB working paper found DeFi governance remains highly concentrated, complicating efforts to identify who should fall under MiCA oversight.The European Central Bank published a working paper on March 26, finding that governance in four major DeFi protocols was heavily concentrated.The staff paper looks at Aave, MakerDAO, Ampleforth and Uniswap,…

If betting markets are to be believed, the chances of former FTX CEO Sam Bankman-Fried getting a presidential pardon this year aren’t looking good.The chances of former FTX CEO Sam Bankman-Fried getting a pardon didn’t seem great this year, and a recent downtick on prediction markets shows that they aren’t…

Markets are yet to fully price in three major catalysts for XRP, while big Bitcoin traders are just waiting for the war to end. Trade Secrets

Bitcoin grabbed downside liquidity as oil-supply pressure sent BTC price action below $66,500 to its lowest levels since March 9.Bitcoin (BTC) neared three-week lows into Friday’s Wall Street open amid reports of Iran closing the Strait of Hormuz oil route.Key points:Bitcoin reacts badly to fresh oil-supply threats ahead of Friday’s…

Bitcoin long-term holders continued to expand their holdings, while increased withdrawal from exchanges flashed a classic supply shock warning.Bitcoin (BTC) dropped toward $67,000 during the European trading session on Friday despite an increase in long-term buying. Exchange withdrawals also increased to 16-month highs, suggesting reduced “immediate selling pressure,” a new…

AI deepfakes make trust crypto’s scarcest asset. Proof-of-humanity can become the currency powering finance, governance and markets in the imitation economy.Opinion by: Kirill Avery, founder and CEO of AlienAI-generated voices are already being used in ransom scams. Synthetic agents now trade, vote and interact on blockchain networks. In this environment,…

Vietnam detained ONUS-linked suspects in an alleged token fraud case as police described price manipulation, false promotions and centralized market control.Vietnamese authorities have detained multiple ONUS-linked suspects after alleging they used false promotions and manipulated token trading to misappropriate investor funds through the crypto platform.The Ministry of Public Security said…

An Australian court ordered Binance Australia Derivatives to pay $6.9 million after misclassifying retail clients and exposing them to high-risk crypto products.Update March 27, 11:53 am UTC: This article has been updated to include a comment from a Binance spokesperson.The Federal Court of Australia has ordered Oztures Trading Pty Ltd,…

US Bitcoin ETFs saw outflows of $171 million on Thursday as market participants feared another weekend escalation in the US-Israel conflict with Iran.Update (March 27, 2026, 10:52 am UTC: This article has been updated to include comments from Shawn Young, chief analyst at MEXC Research.US spot Bitcoin exchange-traded funds (ETFs)…

Tether has reportedly hired KPMG for its first full independent audit of USDT’s reserves and brought in PwC to help, as the stablecoin giant eyes a multibillion-dollar equity raise.The Financial Times reported on Friday that Tether has hired KPMG to conduct its first full audit of USDT’s financial statements and…

Not all whales have been accumulating; two moved tens of millions of dollars to exchanges on March 19 as Bitcoin fell amid an escalation of the Iran conflict.Large Bitcoin holders accumulated 61,568 more Bitcoin over the past month against the backdrop of escalating conflict in the Middle East and macroeconomic…

It’s estimated that Xinbi processed more than $19.9 billion in illicit flows between 2021 and 2025 and that the platform is deeply interconnected with a range of other illicit services.The UK government is cracking down on a $20 billion Chinese-language crypto guarantee marketplace, with sweeping sanctions aimed at cutting the…