Bitcoin ETFs Outflow $225M Ether Slides
Blackrock’s $ETHA leads Ether ETFs’ 8-day outflow streak with $70.80M withdrawal; $BTC and $SOL also face significant outflows, while Blackrock’s ETHB gains $39.86M inflow. #Update #Crypto $ETH
Kalshi Faces Washington State Gambling Lawsuit
@Kalshi is sued by Washington state for violating gambling laws, alleging illegal betting practices. The company seeks to move the case to federal court amid similar lawsuits in other states. #Update #Legal
Margin Trading Launches for Institutional Investors
@Kalshi has received approval to offer margin trading for institutional clients, pending CFTC sign-off. This move aims to attract more institutional investors amid growing competition in prediction markets. #Update #Crypto $BTC $ETH
Binance Expands Tether Gold to BNB Chain
Tether launches its gold-backed token XAUT on BNB Chain, expanding access to the $2.5B market cap asset. Binance opens spot trading for XAUT pairs. #Update #Crypto $BNB
Bitcoin Turns Bearish Amid Midterm Cycle
Bitcoin faces a bearish turn as midterm cycles impact market sentiment, according to analysts. This development highlights potential volatility for $BTC investors. #Update #Crypto $BTC
Pentagon Blocked from Threatening Anthropic
U.S. District Judge Rita F. Lin halted the Trump administration’s ban on Anthropic’s Claude AI, citing First Amendment violations and due process issues. #Breaking #Legal
Bitcoin ETF Launches with Industry-Low Fees
The @MorganStanley Bitcoin ETF (MSBT) will launch with a management fee of 0.14%, the lowest among BTC ETFs, aiming to compete with @BlackRock’s IBIT. Launch expected in two weeks. #Update #Crypto $BTC
WLD Sells 239M Tokens in OTC Deals
@Worldcoinfnd’s subsidiary sold $65M in WLD tokens via OTC deals with four counterparties; $25M locked for six months. WLD trades at $0.27, down 13.5% this week. #Update #Crypto $WLD
Cardano Challenges Ripple CEO Over Clarity Act
Cardano founder @CharlesHoskinson criticized Ripple CEO @bgarlinghouse for supporting the CLARITY Act, claiming it could classify most crypto projects as securities and harm innovation. #Update #Crypto $ADA $XRP
Bitcoin Holders Show Strong Conviction Amid Price Drop
Bitcoin ($BTC) dropped toward $67,000 as exchange withdrawals hit 16-month highs; long-term holders accumulated 155,450 BTC in 30 days, indicating reduced selling pressure. Analysts eye $65,000-$66,000 for support. #Update #Crypto $BTC
Washington Sues Kalshi Over Prediction Market Legality
Washington has sued @Kalshi, alleging violations of state gambling laws, claiming its prediction markets operate like illegal sportsbooks. Kalshi plans to move the case to federal court. #Update #Legal $BTC
Bitcoin Strategy: GameStop Invests $315M
GameStop pledged 4,709 $BTC to a covered-call strategy on Coinbase Prime, reclassifying it from an intangible asset to a receivable, impacting earnings flow. Crypto $BTC
Bitcoin to Hit $100K Amid Market Shift
The Bitcoin price remains over 40% below its all-time high amid ongoing sell-offs and macroeconomic challenges, with a crypto analyst predicting a surge post-Iran war. #Update #Crypto $BTC
Bitcoin ETFs: Morgan Stanley Undercuts Blackrock
Morgan Stanley files for a low-fee Bitcoin ETF, undercutting Blackrock’s IBIT by 11bps, potentially reshaping ETF competition and inflows. Launch expected early April. #Update #Crypto $BTC