Month: March 2026

Bernstein says Bitcoin bottom is in, reaffirms $150K year-end target

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Bernstein, the research and brokerage unit of AllianceBernstein, believes Bitcoin has found its cycle low and reiterates a $150,000 year-end target, implying more than double the upside from current levels. The call, issued in a note led by analyst Gautam Chhugani this week, comes after a drawdown that shaved half of Bitcoin’s value from its October 2025 record. Bitcoin was changing hands near $70,000 at the time of the report, having recovered from lows around $62,500 reached in late February. The token peaked at $126,279 last October, meaning the subsequent…

BitGo and Susquehanna Crypto open OTC prediction markets to institutions

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BitGo Prime and Susquehanna Crypto have launched an institutional OTC offering that gives eligible BitGo clients access to listed prediction markets using crypto or stablecoin collateral already held on BitGo’s platform. The service is aimed at hedge funds, family offices, and ultra-high-net-worth individuals, with Susquehanna Crypto providing liquidity for the trades. Instead of moving through retail interfaces or selling digital assets to fund positions, clients can execute event-driven trades bilaterally with BitGo while posting collateral in USD, stablecoins, Bitcoin, or other crypto. BitGo said the minimum trade size is $100,000,…

Bitcoin Stumbles at $70,000 as Analysis Eyes “Early Stages” of a Rebound

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BTC price fell below $70,000 on macro tensions as analyst considered a possible bullish “regime shift” already starting to play out for Bitcoin. Bitcoin (BTC) fell below $70,000 at Tuesday’s Wall Street open as macro assets fell over Iran war tensions. Key points: Bitcoin fails to turn $70,000 support as macro selling pressure sparks losses across global assets. Middle East tensions remain at the forefront, but analysis sees hope in Bitcoin’s “surprising resilience.” Traders stay split over whether bulls can rescue the current range. Bitcoin comeback could be in “early…

Federal Regulation Looms as 11 States Go After Prediction Markets

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Momentum is building across US states to regulate or restrict prediction markets, with multiple legal actions targeting platforms such as Kalshi. On March 20, Carson City District Court Judge Jason Woodbury in Nevada made his state the first to issue a temporary ban on prediction market Kalshi from operating. Gaming officials said that the platform violated state gambling laws. Nearly a dozen other states have also issued various forms of legal proceedings. Most have filed cease-and-desist letters, while Arizona has even brought criminal charges against Kalshi. Other states are considering…

Analysts Say This Must Happen for Ethereum to Take Out Resistance at $2.2K

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Ether’s (ETH) 9% rally on Monday stalled at $2,200 due to stiff overhead resistance and weak ETF demand. Still, technical and onchain setups suggested that upward momentum may increase as long as ETH stays above the $2,000 mark. Key takeaways: Ether bulls must flip the $2,200 level into new support. Spot ETF outflows continue, reflecting increasing institutional sell pressure. Ether price must hold $2,200 as support Data from TradingView shows that ETH price is stuck between two key trend lines: the 50-day exponential moving average (EMA) at $2,200 acting as…

Fira Debuts Fixed-Rate DeFi Lending Protocol with $450M in Deposits

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Ethereum-based decentralized finance (DeFi) lending protocol Fira said on Tuesday it was launching with about $450 million in deposits, highlighting demand for fixed-rate onchain credit. Fira said the protocol’s fixed-rate credit market allows users to lock borrowing costs and lending returns for defined periods by organizing lending around maturities rather than floating utilization-based rates, according to an announcement shared with Cointelegraph. The fixed-rate model differs from most DeFi lending protocols, where borrowers cannot lock funding costs, and lenders cannot predict returns, making long-term DeFi lending less predictable. Fira’s said its…

Why Mastercard Is Buying Stablecoin Infrastructure Instead of a Token

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Why Mastercard’s BVNK acquisition is a strategic shift Mastercard’s deal to acquire BVNK for up to $1.8 billion goes beyond simply entering the crypto space. It reflects a well-thought-out strategic redirection. Rather than introducing its own stablecoin, Mastercard has opted to gain control of the underlying infrastructure that links conventional finance to blockchain-enabled payments. This approach prompts an important question: Why would a major player in payments decide against creating its own digital currency and instead invest in the systems that facilitate its movement? The explanation centers on regulatory considerations,…

Tether taps Big Four firm for first full financial audit to boost transparency

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Tether is working with a Big Four accounting firm to carry out its first comprehensive independent financial audit, the digital asset company said Tuesday. Tether Signs Big Four Firm to Complete First Full Audit, Setting a New Quality Standard for the Digital Asset Economy Read more: https://t.co/rtsB7l4nJL — Tether (@tether) March 24, 2026 Tether said the audit could be the largest inaugural audit in financial history due to the size and complexity of its reserves, which include crypto assets, traditional financial instruments, and tokenized liabilities. The move, as noted by…

Resolv Pauses Protocol After 80M USR Exploit

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Resolv Labs has temporarily paused its protocol after an exploit on Sunday in which an attacker minted 80 million unbacked tokens, knocking the dollar stablecoin sharply off its peg and briefly plunging the token to $0.14. The Resolv Foundation team announced on X on Monday evening that all protocol functions, including the app, were temporarily halted “to contain the impact of the exploit,” freezing Season 4 airdrop claims as well as staking and unstaking of RESOLV tokens. Resolv previously said the collateral pool remained intact with no loss of underlying…

NYSE, Securitize Partner for 24/7 Tokenized Securities Platform

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The New York Stock Exchange (NYSE) has signed a memorandum of understanding (MoU) with tokenization platform Securitize, as part of a broader effort to develop blockchain-based stock trading infrastructure for Wall Street. Securitize will become the first digital transfer agent, enabling it to mint blockchain-based shares for stocks and exchange-traded funds (ETFs) on the upcoming tokenized securities platform, the Digital Trading Platform, according to a Tuesday announcement from Intercontinental Exchange (ICE), parent company of the NYSE. Under the MoU, the companies plan to develop a digital transfer agent program and…