Crypto
AI Summary
- The crypto market is facing a significant downturn, with Bitcoin hitting multi-month lows, substantial ETF outflows, and a noticeable drop in futures open interest, often attributed to broader tech sector jitters.
- Regulatory bodies are actively recalibrating their approach to crypto, highlighted by the CFTC withdrawing a controversial proposal on prediction markets, ongoing global debates on stablecoin frameworks, and some regions restricting privacy-focused cryptocurrencies.
- Institutional engagement with digital assets continues to grow, as evidenced by major exchanges exploring their own tokens, the launch of new blockchain platforms for institutional FX and real-world asset tokenization, and increased interest from traditional financial giants in crypto products.
- The ecosystem for scaling solutions and network privacy is evolving rapidly, with influential figures like Vitalik Buterin challenging existing Layer 2 models to foster greater specialization, alongside the introduction of new privacy-enhancing Ethereum L2s and expanded DeFi capabilities for Bitcoin.
- Despite current market volatility, the industry is seeing continued venture capital investment, particularly in real-world asset tokenization and blockchain intelligence firms, coupled with notable leadership changes at prominent crypto investment funds.
Sources
Cointelegraph
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Crypto firms offer ideas to break market structure gridlock: Report
an hour ago
by Cointelegraph by Martin Young
Some crypto companies have proposed giving community banks a bigger stablecoin role as Senate negotiations stall over the contentious market structure bill.
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Bhutan moves $22M in Bitcoin as crypto slumps, mining conditions toughen
2 hours ago
by Cointelegraph by Brayden Lindrea
Bhutan has slipped to the seventh-largest nation-state Bitcoin holder, with its stash falling from 13,295 BTC in October 2024 to 5,700 BTC.
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Crypto wallet provider Payy launches privacy-focused Ethereum L2
2 hours ago
by Cointelegraph by Brian Quarmby
Payy’s new privacy layer 2 makes every ERC-20 transfer private by default without the need for new wallets or tokens.
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XRP traders more optimistic as BTC, ETH mood turns sour: Santiment
2 hours ago
by Cointelegraph by Ciaran Lyons
Social media sentiment has turned “extremely bearish” toward Bitcoin and Ethereum this week, according to analytics platform Santiment.
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CFTC pulls Biden-era proposal to ban sports, political prediction markets
5 hours ago
by Cointelegraph by Jesse Coghlan
CFTC Chair Mike Selig described the proposal as a “frolic into merit regulation” by the Biden administration.
CoinDesk
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Bitcoin slips below $71,000 as AI-driven tech rout worsens
2 hours ago
by Shaurya Malwa
Markets, NewsThe decline followed sharp losses in Asian and U.S. tech shares, where concerns over peaking AI investment, stretched valuations and slowing earnings have driven investors out of risk assets.
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XRP crashes to its lowest since Trump's election win, could slide further to $1.00
2 hours ago
by Omkar Godbole
Markets, XRP News, Bitcoin News, NewsXRP has fallen to $1.44, its lowest level since November 2024, as bitcoin’s decline fuels broader risk aversion in the crypto market.
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Bitcoin slides toward $70,000 as on-chain data flags bear market and traders bet Fed holds in April: Asia Morning Briefing
4 hours ago
by Sam Reynolds
Markets, btc crash, Bitcoin News, NewsOn-chain data points to fading demand and tighter liquidity, while prediction markets show little expectation of near-term rate cuts.
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Multicoin Capital co-founder Kyle Samani steps down after nearly a decade to pursue other areas of tech
8 hours ago
by Helene Braun
Finance, Multicoin Capital, News" I’m more confident than ever that crypto is going to fundamentally rewire the circuitry of finance," said Samani, who will remain chairman of Solana treasury company, Forward Industries.
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U.S. regulator declares do-over on prediction markets, throwing out Biden era 'frolic'
11 hours ago
by Jesse Hamilton
Policy, U.S. Commodity Futures Trading Commission, Prediction Markets, Kalshi, Polymarket, Regulations, NewsThe Commodity Futures Trading Commission tumultuous legal fight with events-contracts firms is done, and its new leader is yanking previous policy efforts.
Decrypt
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UNICEF Calls on Governments to Criminalize AI-Generated Child Abuse Material
2 hours ago
by Vismaya V
Artificial IntelligenceUNICEF has pressed governments to criminalize AI-generated child sexual abuse material, warning deepfakes are exposing children to serious harm beyond existing laws.
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FCC Opens Review of Elon Musk's SpaceX Plan for Orbital AI Data Centers
3 hours ago
by Jason Nelson
SpaceThe filing follows approval of Starlink’s Gen2 expansion and Elon Musk’s push to move AI infrastructure into orbit.
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Bitcoin Extends Selloff as Macro Pressures and Leverage Unwind
3 hours ago
by Vince Dioquino
MarketsThe latest decline reflects a broader unwind in leverage, with investors reassessing Bitcoin’s short-term role as an inflation hedge.
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Anthropic’s AI Tools Rattle Software Stocks, Prompt Rethink of Sector Valuations
8 hours ago
by Jose Antonio Lanz
MarketsA selloff in professional-services stocks followed fresh concerns that AI agents could disrupt traditional software pricing.
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Brock Pierce's Relationship With Jeffrey Epstein Went Deeper Than Anyone Knew
8 hours ago
by André Beganski
Law and OrderConvicted child sex offender Jeffrey Epstein was involved in Tether co-founder Brock Pierce's love life, among other things.
AMBCrypto
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From $561M inflows to sudden exits – Inside Bitcoin ETF’s February shock
2 hours ago
by Ishika Kumari
Bitcoin, Ethereum, News, News 1, Social, Trading ViewWhy did big money buy Bitcoin’s dip only to abandon it hours later?
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Moonbirds jumps 94% in 2 days – Can BIRB replicate PENGU’s $1B run?
3 hours ago
by Lennox Gitonga
Memecoins, News, News 1, Social, Trading ViewMoonbirds rally driven by exchange listings, volume, smart money accumulation and technical support.
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ZORA rebounds from multi-month lows: Early trend reversal or short squeeze?
3 hours ago
by Erastus Chami
Altcoin, News, News 1, Social, Trading ViewZORA rebounds sharply as buyers defend key support and speculative interest accelerates.
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Bitcoin’s $72K crash sparks a whale leverage war — What’s next?
4 hours ago
by Gladys Makena
Bitcoin, BTC Trading View, News, News 1, Social, Trading View, ambcrypto, New newsBitcoin whales turn to aggressive positioning in the Futures market amid increased price volatility.
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LTC hits multi-month lows, yet Litecoin usage keeps climbing – Explained
5 hours ago
by Samyukhtha L KM
Altcoin, Litecoin, News, News 1, Social, Trading View, ambcryptoThe fundamentals don't match the token price.