Bitcoin Slumps on Oil Fears as March Monthly Close Risks Deeper Sell-Off

Bitcoin grabbed downside liquidity as oil-supply pressure sent BTC price action below $66,500 to its lowest levels since March 9. Bitcoin (BTC) neared three-week lows into Friday’s Wall Street open amid reports of Iran closing the Strait of Hormuz oil route. Key points: Bitcoin reacts badly to fresh oil-supply threats ahead of Friday’s Wall Street…

Ethereum Builders Propose ‘Economic Zone’ to Fix L2 Fragmentation

Developers from Gnosis and Zisk, with backing from the Ethereum Foundation, have proposed a new framework aimed at unifying Ethereum’s fragmented layer-2 ecosystem by enabling rollups to interact seamlessly with each other and the mainnet in a single transaction. According to an announcement shared with Cointelegraph, the proposed “Ethereum Economic Zone” (EEZ) would allow smart…

Ethereum May Get ‘Flipped’ in 2026 Without Bitcoin’s Involvement

Ether’s (ETH) grip on the cryptocurrency market’s number-two spot is weakening, not because it is getting any closer to overtaking Bitcoin (BTC), but because the stablecoin economy is booming. Key takeaways: Ethereum’s No. 2 ranking at risk in 2026 In the past five years, Ether has vastly underperformed its top competitors for the no. 2…

Canada Eyes Ban on Crypto Political Donations

Canada’s federal government has proposed a total ban on cryptocurrency donations to political parties, citing concerns that foreign entities could exploit the technology to interfere in elections. Known as the Strong and Free Elections Act, the bill was introduced on Thursday and proposes to amend the Canada Elections Act to prohibit political parties and third…

Bittensor ecosystem tokens’ value hits $1.5 billion as TAO rockets 90% in March

Bittensor’s TAO has rallied 90% so far this month, and the tokens in its ecosystem are running up even harder. The network’s subnet token category reached a combined market cap of $1.47 billion on Monday, with $118 million in 24-hour trading volume, according to CoinGecko data. The surge follows TAO’s own run from $180 to…

BNP Paribas Adds Bitcoin, Ether ETNs for France Retail Users

French multinational universal bank BNP Paribas is expanding its investment offering to include six crypto-linked exchange-traded notes (ETNs), giving retail clients in France access to Bitcoin and Ether exposure through regulated products. The new ETNs, indexed to the price of Bitcoin (BTC) and Ether (ETH), will be available from Monday via standard securities accounts, according…

Future US Crypto Crackdowns Could Happen Without Clear Rules

Failing to pass the crypto market structure bill, known as the CLARITY Act, could leave the door open for a future less industry-friendly US government to crack down on crypto again, Peter Van Valkenburgh the executive director of advocacy group Coin Center says. In an X post on Friday, Van Valkenburgh argued that rejecting developer…

Bitcoin, Altcoins Give Back March Gains As Investors Cut Risk

Key points: Bitcoin’s fall below the $66,000 support heightens the risk of a drop to the $62,500 level. Select major altcoins have broken below their immediate support levels, opening the gates for further downside. Bitcoin (BTC) is under pressure from the bears, who are attempting to sustain the price below the $66,000 level. The uncertainty…

Washington sues Kalshi as states ramp up legal pressure against prediction markets

The state of Washington has become the latest to sue a prediction markets provider, after alleging Friday that Kalshi had violated state gambling laws through its products. According to the complaint, Washington has a tightly-regulated gambling market, including a ban on online gambling, but Kalshi’s products bypass these regulations. “Kalshi’s website and app show consumers…

Kalshi Hit With Washington State Lawsuit

Kalshi is facing another state-level lawsuit after the state of Washington on Friday filed allegations that the prediction market operator violated state gambling laws with its products. The Washington Attorney General’s complaint cites the Pacific Northwest state’s existing ban on online gambling and otherwise strict oversight of the gaming market, in claiming Kalshi violated the…