Quick Summary: Bitcoin rises roughly 4.65% to around $71,000, but a recurring wedge pattern on its charts points to a potential third price breakdown. Bitcoin is trading around $71,013 on Monday, posting a gain of approximately 4.65% after a difficult February that saw the asset slide from the mid-$90,000s to a low of $59,000. The daily price range moved from $67,844 to a high of $71,811 before settling near current levels. The recovery is testing a key technical barrier: the 200-day moving average, which represents the average price of Bitcoin over the past 200 days and is widely watched as…
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Quick Summary: Glider and Ondo Finance have unveiled a platform letting retail investors build and automate custom portfolios of tokenized US stocks without a brokerage account. Glider and Ondo Finance have jointly introduced a platform enabling retail investors to create and automate personalized portfolios of tokenized US equities. The service offers direct exposure to real-world stock assets without requiring users to hold a brokerage account, manage a crypto wallet, pay gas fees, or execute transactions manually. The announcement marks a notable step in the broader effort to bring traditional financial assets onto blockchain infrastructure.Unlike conventional exchange-traded funds, which package assets…
Quick Summary: The Solana Foundation has published a report identifying four privacy control modes it says are essential for enterprise blockchain adoption. The Solana Foundation has released a report making the case that enterprise adoption of blockchain technology depends on the availability of flexible privacy controls. The report argues that a one-size-fits-all approach to privacy is insufficient for the range of needs businesses bring to the technology. Instead, the foundation outlines a spectrum of options designed to accommodate different organizational and regulatory requirements.According to the report, four distinct privacy modes exist along this spectrum, ranging from pseudonymity at one end…
Quick Summary: 5c(c) Capital launches to invest up to $35 million in roughly 20 prediction market startups, backed by the CEOs of Polymarket and Kalshi. A new venture capital firm called 5c(c) Capital is launching with a specific focus on companies built around prediction markets. The fund has secured backing from the chief executives of Polymarket and Kalshi, two prominent players in the prediction market space. The launch signals growing institutional interest in an area that has seen rapid expansion in recent years.The fund is targeting a raise of up to $35 million and plans to support approximately 20 early-stage…
Quick Summary: Senator Elizabeth Warren has written to Beast Industries urging caution over potential crypto integration into Step, a mobile banking app targeting young users. Senator Elizabeth Warren (D-MA) sent a letter Monday to Beast Industries CEO Jeff Housenbold and YouTube personality MrBeast, whose legal name is Jimmy Donaldson, requesting information about the company’s recent acquisition of teen-focused mobile banking app Step. The 12-page letter urges the company to proceed carefully as it considers incorporating cryptocurrency into the platform. Warren, a longtime critic of digital assets, argues that Beast Industries’ track record raises concerns about its capacity to manage a…
Quick Summary: OpenArt and Fanvue are offering over $90,000 in prizes for their AI Personality of the Year 2026 competition, running through April 19. OpenArt and Fanvue have launched a four-week global competition called AI Personality of the Year 2026, offering a total prize pool exceeding $90,000. The challenge is open through April 19 and invites creators to design and debut original AI influencers across five categories: Entertainer, Lifestyle Influencer, Comedian, Fitness, and Anime/Cartoon/Fantasy. Weekly winners receive $200 in cash along with a platform shoutout, while larger prizes await those who advance further in the competition.The grand prize winner takes…
Quick Summary: The SEC has forwarded a proposal to exempt most crypto assets from securities classification to the White House Office of Management and Budget for review. The US Securities and Exchange Commission has submitted a proposal to the White House’s Office of Management and Budget that would result in most crypto assets not being treated as securities under federal law. Records from the US General Services Administration show the agency sent two proposed rules to the White House on Friday, one of which is an interpretative notice addressing which digital assets fall under the SEC’s securities classification. As of…
Quick Summary: Federal prosecutors say a court filing submitted in Sam Bankman-Fried’s name may have been sent via FedEx from the San Francisco Bay Area, not from prison. Federal prosecutors have raised concerns about a court filing purportedly submitted by Sam Bankman-Fried, the former chief executive of collapsed cryptocurrency exchange FTX, who is currently serving a 25-year prison sentence. In a filing to the court, prosecutors told a judge that a letter dated March 16 and submitted in Bankman-Fried’s name may not have originated from prison at all. Instead, FedEx tracking data suggested the package was picked up in Palo…
Quick Summary: MoonPay has launched an open-source wallet standard enabling AI agents to hold funds and execute transactions across multiple blockchains from a single account. MoonPay has published an open-source wallet standard aimed at allowing AI agents to manage funds and carry out transactions across multiple blockchain networks. The announcement, made on Monday, addresses a significant gap in how autonomous software systems interact with cryptocurrency infrastructure. Currently, many setups require each system to manage its own keys and balances separately, creating fragmented and inefficient arrangements. The new standard replaces this approach by giving AI agents access to a unified pool…
Quick Summary: Polymarket has revised its market integrity rules to tighten trading standards and align with regulatory requirements on its US and global platforms. Polymarket, the prediction market platform, has announced updated market integrity rules designed to bring its operations closer to regulatory standards. The changes apply to both its global decentralized finance platform and its US exchange, which operates under the compliance oversight of the Commodity Futures Trading Commission (CFTC). The announcement was made on Monday and follows increasing scrutiny from regulators and politicians over risks tied to insider trading, market manipulation, and controversial event-based contracts.The updated rules include…
