Author: John Smith

Bitcoin (BTC) moved lower this week after another failed attempt to break above $72,000. The decline pulled the wider crypto market down, while a few smaller tokens moved against the broader trend. Summary Bitcoin fell from $72,000 to $65,500 in 48 hours as sellers regained control across exchanges. Ethereum slipped below $2,000, BNB held near $610, and XRP stayed below $1.35 amid weakness. SIREN jumped over 100% in one day, even as the crypto market lost $60 billion. Bitcoin started the week under pressure after it failed to clear higher resistance levels. The asset had already lost momentum near $76,000…

Senator Elizabeth Warren has asked the US Commerce Department to explain how it is handling reported security concerns tied to Bitmain, the Chinese company that makes much of the world’s Bitcoin mining equipment.  Summary Warren asked Commerce for records on Bitmain as federal security scrutiny of mining hardware continues. Earlier probes examined whether Bitmain machines could pose espionage risks or disrupt critical infrastructure systems. Warren also requested details on Bitmain contacts with Commerce officials and Trump family members involved. Her request adds to growing attention on foreign-made mining hardware used across the US crypto sector. Bloomberg reported that Warren sent…

Firelight said it is preparing an on-chain protection layer backed by staked XRP as DeFi projects face renewed security pressure.  Summary Firelight surpassed 50 million staked XRP after whale deposits and expanded capacity for FXRP vaults. The protocol plans a Q2 protection layer covering smart contracts, bridges, oracles, and economic failures. Firelight said exploit losses topped $137 million in Q1 as demand rose for on-chain protection. The plan follows a new milestone for the protocol, which said staked XRP on Firelight has now passed 50 million on Flare. According to a press release, Firelight crossed 50 million staked XRP after…

Zcash’s ZEC is consolidating near $235–$240 after a sharp February selloff, with a $25m ZODL raise, Foundry’s new mining pool and rising shielded use turning it into a 2026 privacy‑trade leader. Summary Zcash’s ZEC is trading near $235–$240 after a mid‑March surge of over 20% in a single day, extending a multi‑week recovery from February’s steep drawdown. The privacy‑focused coin has seen daily volumes in the hundreds of millions of dollars during the latest upswing, as traders respond to fresh venture funding, new mining infrastructure and improving technical momentum. Sector‑wide interest in privacy assets has picked up in 2026, with…

Hyperliquid price is consolidating around $39 after a 49% monthly rally, as oil perps, tokenized U.S. stocks and record HIP‑3 open interest turn the DEX into a real‑world markets hub. Summary Hyperliquid’s HYPE token is trading around $39.03 today, down roughly 2.6% on the day but up 49.05% over the last month and 146.78% year‑on‑year. With a market capitalization of about $9.31 billion and a 24‑hour trading volume near $246 million, HYPE remains one of the most actively traded DeFi and derivatives‑sector tokens in the market. Technical indicators show a 14‑day RSI near 63.21 and price sitting below the 50‑day…

Bitcoin price slid to its lowest level in nearly a month on Friday, just as David Sacks confirmed he is stepping down as President Donald Trump’s “AI and crypto czar,” amplifying anxiety over the policy outlook for digital assets. Summary Bitcoin drops below recent trading range as more than $500 million in leveraged crypto bets are liquidated. David Sacks exits his White House crypto advisory role after exhausting a 130‑day special‑employee term, raising questions over the durability of the administration’s pro‑Bitcoin agenda. Since Sacks’ appointment in late 2024, Bitcoin’s price has surged from below $100,000 to all‑time highs before the…

JUST price is consolidating around $0.058 after an RSI 80+ spike, as a $21m Q1 buyback‑and‑burn plan, new Bitkub listing and rising TRON DeFi usage test how far the deflation trade can run. Summary JUST’s JST token is trading around $0.037 today, down about 0.20% over the last 24 hours and 0.90% over the past week after pulling back from a strong March advance. With a market capitalization near $527 million and 24‑hour trading volume of roughly $12.5 million, JST remains a mid‑cap DeFi governance token tied closely to the TRON ecosystem’s lending and stablecoin infrastructure. Recent RSI readings in…

a16z crypto partner Guy Wuollet says crypto is entering its “collared shirt” era, as the firm doubles down on a 10‑year infrastructure bet even while high‑profile partners exit amid a new $2b fundraise. Summary a16z crypto partners have publicly reiterated a 10‑plus‑year investing horizon for the sector, comparing today’s market to the pre‑internet and pre‑AI groundwork phase. At the same time, named partners including Arianna Simpson and Kofi Ampadu are exiting or shifting roles, underscoring how venture talent is rotating as the industry matures. The crypto team is now raising roughly a $2 billion fifth fund, signaling that institutional LPs…

Ark Invest’s Bitcoin ETF saw one of the sharpest single‑day outflows of the month this week, as investors yanked tens of millions of dollars from spot products just as Bitcoin slid back toward the mid‑$60,000s. Summary U.S. spot Bitcoin ETFs recorded about $171 million in net outflows on March 27, with Ark Invest’s ARK 21Shares fund among the hardest hit. Ark’s CEO Cathie Wood, long one of Bitcoin’s loudest institutional bulls, now faces a tape where her flagship crypto vehicle is bleeding capital even as she reiterates long‑term upside. The reversal in flows undercuts part of the “institutional floor” narrative…

Pi Network price is stalling near $0.18 as bearish models flag a possible drop toward $0.14, even as mainnet upgrades, a DEX launch and a Consensus 2026 push aim to anchor real‑world Web3 use. Summary Pi Network’s PI token is trading around $0.18 today, down roughly 4.68% over the last 24 hours and underperforming a broader crypto market drop of about 3.56%. With PI changing hands near $0.1795 and facing a projected 23.23% downside toward $0.1384 in the next five days, technical models classify the current setup as bearish despite neutral RSI readings. The move comes as Pi Network rolls…