Bitcoin falls below $66K as crowded shorts hint at upside risk ahead of Easter holiday: analysts
Bitcoin remains rangebound between roughly $60,000 and $70,000 with no clear catalyst for a breakout.Derivatives positioning has stayed defensive, with traders paying to maintain short exposure, which raises squeeze risk.Analysts said macro pressure has intensified as energy and metals shocks push markets into a “supply chain destruction” phase.
Bitmine Tops Ethereum Stakings With Additional $340 Million
TomLee's Bitmine continues to stake large portions of its Ethereum holdings as the latest move brings its total Ethereum stakings to over $6.72 billion.
Wallet in Telegram launches perpetual futures trading with Lighter
Wallet in Telegram rolls out perpetual futures via Lighter DEX, enabling leveraged trading on crypto, stocks and commodities directly inside the messaging app.
Alabama governor signs bill creating legal framework for DAO-like nonprofit entities
Alabama has become the second U.S. state to establish a legal framework for DAO-like entities.The bill stipulates that members of a DAO generally have no personal liability for its activities as a collective.
Tech, crypto giants to help steward Coinbase's neutral x402 payments protocol under Linux Foundation
The x402 protocol, named after the HTTP 402 “Payment Required” status code, is designed as an open and neutral system for internet payments using crypto or legacy rails.Tech and finance giants, including Amazon Web Services, American Express, Ant International, Base, Circle, and Google, will help steward the expanded foundation.
Block cut 4,000 of its staff in February as part of its AI-driven pivot. A new post by Block's Jack Dorsey has shed light on how the company and others might operate in the future.
Inside Gnosis’ EEZ bet: can a governance chain become a native L2?
Gnosis and Zisk’s Ethereum Economic Zone (EEZ) emerged directly from a GnosisDAO R&D mandate to explore turning Gnosis Chain into a natively integrated Ethereum layer‑2.The framework, co‑funded by the Ethereum Foundation and unveiled at EthCC 2026, aims to fix Ethereum’s “fragmentation problem” by enabling synchronous composability across L2s while keeping ETH as the core gas and settlement asset.The process marks a new phase in on‑chain governance, with DAOs effectively voting on the technical and economic destiny of entire chains, not just on parameter tweaks.
BitGo launches stablecoin minting and redemption for institutions
BitGo Mint allows institutional clients to mint, redeem, and manage stablecoins and other digital assets.The new service kicks off offering minting and redemption for World Liberty’s USD1 and SoFiUSD.
Non-custodial wallet provider Safe unveils security network to turn SAFE tokens into economic good
At launch in beta, Safenet will involve a network of six independent validators that check proposed transactions against a “defined set of security rules” to ensure user safety.SAFE token holders will be able to delegate their assets to secure the network while earning rewards.
Bithumb crypto exchange stretches IPO timeline to 2028
Bithumb is extending its IPO runway as it works through internal fixes and regulatory scrutiny.Korean crypto exchange rival Upbit is working on its own public listing plans.
Art on Tezos turns Cannes into a live testbed for digital culture
At TezDev 2026 in Cannes, “Art on Tezos” staged an immersive, projection-mapped environment that framed on-chain work as a living model for digital culture.Speakers highlighted how Tezos lowers costs and barriers so artists from Kurdistan, Africa and South America can build sustainable practices and even escape repression.Trilitech’s planned Tezos-powered exhibition at HEK Basel signals that on-chain art is moving deeper into museum ecosystems, compressing photography’s century-long legitimation curve.
Crypto's popularity among kids drove X Games-MoonPay deal: 'New energy and new transformation'
X Games CEO Jeremy Bloom said in an interview that he wants to keep evolving the brand and building alongside “the Gen Zs, the middle school kids, the high school kids, and college kids.”Crypto companies eager to attract new users, and MoonPay in particular, have been sponsoring sports teams across various leagues for years.
Monad tops $350 million TVL milestone as low fees, falling FDV signal caution
Monad still accounts for less than 0.4% of the approximately $91 billion total TVL tracked across all chains.The following is excerpted from The Block’s Data and Insights newsletter.
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