Category: Bitcoin News

AI Agents Get New Tools From Visa and Stripe’s Tempo

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Visa’s crypto division has launched a tool to allow artificial intelligence agents to make payments, the same day the Stripe-backed blockchain Tempo launched alongside a protocol for AI agents.  “Excited to share Visa CLI, the first experimental product from Visa Crypto Labs,” Cuy Sheffield, the head of Visa Crypto Labs, posted to X on Wednesday. A website for Visa CLI, meaning a command line interface where users type what action a program must take, says the tool will give an AI agent “the ability to securely pay for what you…

Crypto Traders Eye ‘Bullish Relief Rally’ After Fed Interest Rate Hold

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Crypto traders have become hopeful for a market rally after the US Federal Reserve held interest rates steady on Wednesday, according to crypto sentiment platform Santiment. However, analysts are split on whether a near-term market surge is a reliable signal for traders. “For now, traders are expecting a bullish relief rally in spite of no changes being made,” Santiment said in an X post on Wednesday, pointing to an increase in bullish sentiment among crypto market participants on social media who are linking the Fed’s steady rates to a potential…

Coinbase User IRS Block Petition Dismissed After Procedural Failure

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A California court on Wednesday dismissed a Coinbase user’s attempt to block an IRS summons for his financial records, in at least the second such case in the past year to fail to reach trial.  Roger Metz filed a petition in the Northern District of California in May 2025 to quash an IRS summons ordering Coinbase to hand over his financial records in connection with an audit of his 2022 federal tax return.  His lawyers argued the summons violated his privacy rights, was overbroad and failed to meet basic administrative…

Algorand Foundation Cuts Workforce By 25% Amid Market Uncertainty

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The Algorand Foundation, the organization behind the Algorand layer-1 blockchain, said it had made the “difficult decision” to reduce its headcount by 25% on Wednesday, blaming the crypto slump and wider uncertainty. “This decision was not taken lightly and is in response to the uncertain global macro environment as well as the broader downturn in crypto markets,” the Algorand Foundation said in an X post. The Algorand Foundation said the affected employees were “best-in-class contributors” and described the decision as “incredibly tough,” adding that it would support staff through the…

Kalshi CEO Fires Back against Arizona Criminal Charges as ‘Total Overstep‘

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The prediction markets co-founder said that the company would “abide by court decisions“ but signaled that the charges were based partly on political bias and media attention. Tarek Mansour, co-founder and CEO of prediction markets platform Kalshi, has pushed back against criminal charges filed by Arizona authorities this week, claiming that they were a “total overstep” and “not about gambling.” On Tuesday, Arizona Attorney General Kris Mayes announced charges against the companies behind Kalshi, alleging that the company operated an “illegal gambling business in Arizona without a license” and offered…

FTX Recovery Trust Announces Fourth Round of Creditor Repayments

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The FTX Recovery Trust, which oversees the distribution of funds to creditors and former customers of the failed crypto exchange, announced on Wednesday that it will distribute $2.2 billion to creditors on March 31, 2026. Eligible creditors will receive their funds through their chosen distribution provider within one to three business days, according to an announcement from the Trust.  The fourth distribution includes a 18% payout for Dotcom Customer claims, a 5% distribution for US Customer Entitlement Claims and a 15% distribution for both General Unsecured Claims and Digital Asset…

S&P 500 Perpetual Futures Launch on Hyperliquid with Official Licensing

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S&P Dow Jones Indices has licensed its S&P 500 Index to Trade[XYZ] for the launch of a perpetual futures contract on Hyperliquid, in what the company described as the first officially licensed onchain product offering continuous, leveraged exposure to the index for eligible non-US users. According to Wednesday’s announcement, contract allows eligible non-US traders to take long or short positions on the index without an expiry date, with markets operating continuously outside traditional exchange hours using official index data from S&P Dow Jones Indices. The contract also brings equity index…

‘We are so Close this Time‘ — Senator Lummis on Market Structure Bill

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Wyoming Senator Cynthia Lummis, one of the main proponents of a digital asset market structure bill in the US Congress, has said that the legislation is getting closer to passage despite “things that [she] did not expect” in 2025.  Speaking at the DC Blockchain Summit hosted by the Digital Chamber on Wednesday, Lummis said she had thought that the crypto industry would already be celebrating a “victory lap” for the market structure bill, which passed the US House of Representatives in July 2025. She said that “the main thing” that…

Bitcoin Correlation With Tech Stocks Flipped Negative Since the US–Iran War

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Bitcoin (BTC) broke its longstanding correlation with tech stocks as the US–Iran war dragged into its third week. Key takeaways: Bitcoin is outperforming tech stocks amid the US–Iran war, indicating its growing demand as a geopolitical hedge. BitMEX co-founder Arthur Hayes warns that BTC’s renewed upside strength may turn out to be a dead cat bounce. BTC correlation with Nasdaq flips negative On a 52-week rolling basis, BTC’s correlation with the tech-heavy Nasdaq Composite Index (IXIC) stood at -0.06, the lowest since December 2018. That marked a sharp reversal from…

Institutional Investors Plan More Crypto Exposure in 2026: Survey

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The crypto market sell-off since October hasn’t deterred institutional investors, with a new survey showing most plan to increase exposure to digital assets in the coming year. According to a January survey of 351 institutional investors conducted by Coinbase and EY-Parthenon, 73% of respondents said they plan to increase their allocations of digital assets in 2026, while 74% expect crypto prices to rise over the next 12 months. Two-thirds of respondents said exchange-traded products (ETPs) and other regulated vehicles have become their preferred way to gain exposure, reflecting growing familiarity…