Author: driver789
Key takeaways:BTC failed to hold $70,000 despite strong ETF inflows as selling by public miners offset recent institutional buying.Options markets reflect high demand for downside protection as a 17% put premium signals cautious sentiment.Bitcoin (BTC) failed to sustain Monday’s $70,000 level despite $471 million in net inflows into US-listed spot exchange-traded funds (ETFs). The market’s initial excitement faded following reports that multiple US and Israeli aircraft and equipment were destroyed during a military operation in Iran over the weekend.Since the S&P 500 remained relatively flat between Friday and Tuesday, Bitcoin’s inability to maintain bullish momentum likely stems from other factors.Bitcoin…
The U.S. Federal Deposit Insurance Corp. formally proposed its approach to stablecoin issuers as one of the federal financial regulators required to write and oversee rules under last year’s Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.The FDIC’s proposal —meant to align closely with what its sister banking agency, the Office of the Comptroller of the Currency, proposed in February — will be open for a 60-day public comment period on the lengthy list of 144 questions posed Tuesday by the agency.The FDIC’s job is to police U.S. depository institutions, and under the GENIUS Act, its role is…
Solana DEX Stabble has urged its users to withdraw all liquidity after a former employee was outed as a North Korean operative. The IT worker in question, who has also worked for Solana crypto fund Elemental, was named by crypto sleuth ZachXBT on Tuesday during a back and forth with Elemental founder “Moo.” When the discussion turned to the issue of trust – something that Moo says they’ve been “obsessing over” for four years – Zach responded, “Stop virtue signaling you conveniently left out the fact that you had a DPRK IT worker on payroll at Elemental for years.” The…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career…
Summary Biconomy has proposed ERC-8211, a new Ethereum standard for “smart batching” complex DeFi flows. The standard lets AI agents chain multi-step transactions in a single atomic call, resolving each step at execution time. Ethereum Foundation researcher Barnabé Monnot says ERC-8211 aligns with the Foundation’s “Improve UX” push to hide DeFi complexity from end users. Biconomy has proposed a new Ethereum standard, ERC-8211, that introduces “smart batching” so AI agents and smart accounts can execute complex, multi-step DeFi operations in a single transaction while resolving each step’s parameters at execution time rather than at signing. The standard, published on April…
A new research note from Charles Schwab is challenging a simple question many investors still ask: how much cryptocurrency is “right” for a portfolio. The answer, the firm argues, is less about prediction and more about psychology—specifically, how much volatility an investor can realistically live with. The report focuses on exposure to Bitcoin and Ethereum, two of the most widely held digital assets. While they often enter portfolios as small “satellite” positions, Schwab finds they can behave like much larger holdings once risk is taken into account. Even allocations as low as 1% to 3% can meaningfully reshape portfolio behavior,…
Split Capital, a digital asset hedge fund founded by investor Zaheer Ebtikar, is shutting down, with the founder joining Peter Thiel-backed stablecoin startup Plasma.Ebtikar announced the news in an X post on Tuesday, saying Split Capital was profitable both in 2024 and 2025, and delivered over 100% in returns.“We were a top performing fund by every mark,” Ebtikar claimed, adding that his decision to wind down the business was driven by a belief that the crypto market had shifted away from strategies that hedge funds are designed to capture.“The hedge fund model did not make sense for crypto, in perpetuity,”…
Update April 7, 2026, 12:27 pm UTC: This article has been updated to add comments from a Binance representative.Crypto exchange Binance is introducing a new spot trading feature that restricts orders from executing outside a defined price range during periods of extreme volatility. Binance said Tuesday that a mechanism called the Spot Price Range Execution Rule (PRER) will be rolled out on April 14. The mechanism allows orders to execute only within dynamic price bands set around a reference price derived from recent trades, which Binance said is intended to help maintain a fair and orderly market during periods of unusual volatility.…
Former Biden economic advisers Ryan Cummings and Jared Bernstein would have you believe the decline in bitcoin’s price from its 2025 peak somehow vindicates their administration’s approach to cryptocurrency. A masterclass in selective memory, their February 26 New York Times opinion piece omits the most consequential fact about Biden-era crypto policy: it was not a reasoned regulatory framework.The authors credit the Biden administration with “increasingly aggressive regulatory efforts to curb scams and fraud.” This framing is extraordinary, given what happened on their watch. FTX grew to enormous scale during the Biden administration. Sam Bankman-Fried was a top Democratic donor and…
Aave commands DeFi lending, with DefiLlama showing $24.51 billion in total value locked and $17.526 billion in borrowed funds. The margin against Morpho, its closest rival, is roughly 4.1 times. Spark, the third-largest competitor, sits at $967.52 million in borrowed funds. Aave ended 2025 with 61.5% active loan market share and 52.4% lending TVL share, according to its own accounting. Over less than two months, three of the most visible independent contributor teams tied to Aave’s code, governance, and risk management either announced departures or began winding down. BGD Labs said on Feb. 20 it would cease contributing because “the…