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Author: Isabella Taylor
Pi Network has started its second migration phase with the required Protocol 21 upgrade. The update sets an April 6 deadline for mainnet node operators and opens the path toward later upgrades that aim to add smart contracts and DeFi tools. Summary Pi Network requires mainnet nodes to upgrade to Protocol 21.2 before the April 6 deadline. The roadmap schedules Protocol 22.1 for April and smart contract features for the May rollout. Pi traded near $0.174 as RSI and MACD signaled weak momentum and sellers still controlled. The move also comes as Pi’s token trades near $0.174, far below its…
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…
Ethereum (ETH) is drawing fresh market attention as stablecoin activity, whale accumulation, and derivatives data point in different directions. Summary Whales added 466,500 ETH to accumulation addresses as Ethereum traded near $2,000 during the pullback. Coinbase said stablecoin balances and tokenized asset values on Ethereum moved back toward record highs. Record leverage in Ethereum futures raised liquidation risk as analysts tracked bearish levels below $2,000. Recent reports show stronger activity on Ethereum’s base layer, while analysts continue to track downside risks in price and leverage. Coinbase Institutional said Ethereum has regained some ground relative to layer-2 networks as user activity…
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…
XRP traded near $1.34 on March 28, with a 24-hour trading volume of about $2.24 billion and a market cap near $82.04 billion. Summary XRP held near $1.34 as traders watched April seasonality and a key $1.80 resistance level. CryptoQuant data showed XRP returns still outpaced risk while Binance open interest climbed to 14.8%. Analysts said XRP must reclaim $1.80, while weaker structure could expose next support near $1.00. Meanwhile, the token was down almost 1% on the day and 7% over the past week, leaving price action stuck in a narrow range as traders look toward April. XRP’s slow…
The White House on Friday launched a smartphone app that gives users direct access to administration updates, social posts, photos and policy pages tied to President Donald Trump’s second term. Summary White House app offers policy pages, curated news, social feeds, media tools and contact options. Users can send tips to ICE while viewing affordability claims and border-focused administration messaging sections. The app promised live video, but Trump’s Friday remarks were not streamed in real time. The administration said the app would deliver information “straight from the source, no filter” after several teaser videos on official social media accounts pointed…
US Senator Cynthia Lummis rejected claims that the Digital Asset Market Clarity Act leaves decentralized finance developers exposed to legal risk. Summary Lummis said recent Title 3 changes would create the strongest DeFi developer protections in law. Jake Chervinsky warned non-custodial software developers could still face money transmitter liability under current language. Senate talks continue as lawmakers revise the CLARITY Act before an expected committee markup. Her response came after crypto lawyer Jake Chervinsky said Title 3 of the latest Senate draft could still place some non-custodial software builders under money transmitter rules. Lummis said the current criticism does not…
Prediction market traders trimmed the odds of a presidential pardon for former FTX CEO Sam Bankman-Fried after his parents renewed their public defense of him in a CNN interview. Summary Polymarket and Kalshi lowered Sam Bankman-Fried pardon odds after his parents defended him on CNN. Joseph Bankman and Barbara Fried argued Alameda borrowed customer funds but did not misuse them. The family appeal challenges claims that FTX was insolvent and customers lacked repayment options altogether. Polymarket placed the chance of a pardon this year at 11%, while Kalshi showed 9%, both lower than before the March 21 interview. The move…
Summary ECB staff paper finds top 100 holders in Aave, MakerDAO, Ampleforth and Uniswap control over 80% of governance tokens. Concentrated voting blocs threaten DeFi protocols’ claims to “fully decentralized” status under MiCA. Findings raise risk that leading DeFi DAOs could be pulled inside the EU’s licensing and compliance regime. The European Central Bank (ECB) has published a working paper arguing that governance in flagship DeFi protocols like Aave, MakerDAO, Ampleforth and Uniswap is far more centralized than their “decentralized autonomous organization” branding suggests, a conclusion that could strip them of regulatory safe harbor under the EU’s MiCA regime. The…
Solana meme coin WhiteWhale has crashed about 50% after its founder quit over family pressure and “pump the price” demands, locking $13m in tokens as the meme hangover deepens. Summary Solana-based meme coin WhiteWhale plunged about 50% after its founder “The White Whale” abruptly quit the project. The trader cited a family crisis and pressure to “pump the price,” permanently locking 500 million tokens worth roughly $13 million. WhiteWhale’s market cap now sits near $12 million, with $5.4 million in 24-hour trading volume as traders reassess the project. Solana (SOL) meme coin WhiteWhale has crashed by roughly 50% after its…
