Author: Isabella Taylor

Summary Deribit data shows $20k Bitcoin put options are now the third most crowded strike by open interest, with about $596m notional, behind $125k and $75k calls heading into the quarterly expiry. Despite the doomsday optics, much of the $20k put exposure likely reflects traders selling tail-risk insurance for premium rather than betting on a 70%+ crash from spot. With max pain clustered around $75k and fear gauges elevated after macro and geopolitical shocks, the positioning highlights a split market: structurally bullish but acutely aware of low‑probability blow-up scenarios. As Bitcoin’s largest quarterly options expiration of the year approaches on…

Arthur Hayes, a veteran trader and co-founder of BitMEX, has once again placed a bet in ETHFI nearly a month after a possible exit from the token. Summary Arthur Hayes re entered ETHFI with a $72,800 purchase shortly before Upbit announced a KRW listing, drawing attention to the timing of the move. ETHFI price briefly surged nearly 12% following the listing before retracing, highlighting volatility tied to exchange driven catalysts. Technical signals remain mixed, with a breakout above trendline resistance suggesting upside potential, while MACD and RSI indicate lingering bearish pressure. According to a March 19 X post by on-chain…

Elon Musk has once again taken to X to share a post about Dogecoin, mimicking one of the most famous scenes from the blockbuster movie “The Godfather.” Summary Elon Musk shared a Dogecoin-themed AI video inspired by The Godfather, generating over 18 million views and high engagement on X. Dogecoin price showed little reaction, trading around $0.093 and remaining nearly 40% below its yearly high amid broader market weakness. In a March 19 X post, the X owner and a long-time advocate of the world’s leading meme coin Dogecoin, Musk shared an AI-generated video from the parody X account Sir…

Some South Korean lawmakers are pushing back against the ruling party’s plan to levy a 22% tax on cryptocurrencies. Summary People Power Party has introduced a bill to amend the Income Tax Act and scrap the planned crypto gains tax ahead of its 2027 rollout. The proposed 22% tax on crypto profits above 2.5 million won has already been delayed three times amid continued political disagreement and industry pushback. A bill introduced by the right-wing People Power Party on Thursday seeks to amend the Income Tax Act and fully abolish the planned taxation on cryptocurrency gains, according to local media…

The European Central Bank is looking for experts who can help define how a potential digital euro can be used across ATMs and payment terminals. Summary ECB opens applications for expert workstreams to define how a digital euro would function across ATMs and payment terminals. Workstreams will focus on technical specifications and certification frameworks to ensure integration with existing payment systems, including offline capability. The ECB published an announcement on Wednesday, opening applications for two workstreams under its Rulebook Development Group. The first will focus on implementation specifications for ATM and terminal providers, while the other will work on certification…

A long-dormant Bitcoin whale wallet has offloaded 1,000 BTC on Wednesday. Summary Long dormant Bitcoin whale offloads 1,000 BTC, extending total transfers to 3,500 BTC since November 2024 with roughly $330 million in realised profit. Additional selling from early investor Owen Gunden and Bhutan-linked wallets points to a pattern of distribution from large holders into the market. On-chain data tracked by analytics provider EmberCN showed that the wallet “bc1q…6ym” has transferred a total of 3,500 BTC since November 2024. The whale began accumulating around 13 years ago and reportedly bought Bitcoin at an average price of $332 per BTC and…

Crypto scammers are using OpenClaw’s popularity to target developers via a new GitHub phishing campaign designed to drain their crypto wallets. Summary Attackers are impersonating OpenClaw on GitHub, creating fake accounts and tagging developers with messages offering $5,000 in $CLAW tokens. Victims are directed to a cloned website where a malicious wallet connection prompt is used to trigger wallet draining. OX Security says the campaign uses obfuscated code and targeted tactics, though no confirmed victims have been reported so far. A report published by platform OX Security detailed an active phishing campaign targeting OpenClaw via a coordinated effort on GitHub,…

A Coinbase user’s attempt to block an IRS summons for his financial records was blocked by a California court. Summary A California court dismissed a Coinbase user’s attempt to block an IRS summons, citing failure to meet required notification rules within the 90 day deadline. The petition challenged the summons on privacy and scope grounds, even though the user had already amended his tax return and paid additional dues. According to information from PACER, Roger Metz filed a petition in the Northern District of California in May last year to quash an IRS summons that sought his financial records in…

Paris Blockchain Week, one of the biggest community events in the web3 space, is set to return in 2026. 101 Blockchains is proud to be associated with Paris Blockchain Week 2026 as an ecosystem partner. As an official partner of PBW for the last two years, we have stood at the frontlines of innovation in blockchain and web3. This year, we are preparing to gain more insights on digital assets and TradFi as an ecosystem partner in the biggest convention of decision-makers and industry leaders. Everyone in the 101 Blockchains community has been looking forward to PBW 2026 with a…

Bhutan has transferred roughly $72.3 million in Bitcoin over the past 24 hours, continuing a steady pattern of trimming its sovereign holdings. Summary Bhutan transferred roughly $72.3 million in Bitcoin over 24 hours, with Druk Holding and Investments moving more than 973 BTC across multiple transactions. Holdings have declined to over 4,400 BTC from a peak of 13,295 BTC in October 2024, as the country continues periodic sales from its sovereign reserve. According to Arkham Intelligence data, Druk Holding and Investments, which manages the country’s crypto mining and treasury operations, has moved more than 973 BTC. The latest transfers come…