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Track the global crypto developments 24/7. Your trusted source for real-time news, market trends, and breaking updates.
2026-03-04
13m ago
Rep. French Hill Calls on Senate to Pass Bipartisan Clarity Act to Break Crypto Market Structure Stalemate
U.S. Representative French Hill, the lead Republican on the House Financial Services Committee, has called on the Senate to directly pass the bipartisan "Clarity Act" to end the legislative impasse over the current cryptocurrency market structure bill, according to The Block. At the center of the dispute is how to handle yields on stablecoins, as last year's GENIUS Act bars stablecoin issuers from paying interest themselves but permits third-party platforms such as Coinbase to provide rewards, drawing strong pushback from the banking sector. Banks argue this framework could trigger deposit outflows, while crypto industry participants say limiting stablecoin yields would curb innovation. The U.S. Treasury's Office of the Comptroller of the Currency has already proposed rules to implement the GENIUS Act and is soliciting public feedback, which analysts say could offer an alternative route to resolve the issue and that failure to settle the yield question could put the broader market structure bill at risk.
27m ago
House Republican French Hill Urges Senate to Pass CLARITY Act as Stablecoin Yield Dispute Continues
U.S. House Republican leader French Hill has called on the Senate to directly adopt the House-passed CLARITY Act on cryptocurrency market structure as legislative debates over stablecoin yields continue, ChainCatcher reported citing The Block. The bill, which cleared the House last year with bipartisan backing and the support of 78 Democrats, does not address the Senate's current sticking point over returns on stablecoins. Hill said that if senators cannot reach a clear decision on the issue of stablecoin yields, they should move forward with the House version of the CLARITY Act instead. He added that the Treasury Department could also play a role, noting that the OCC recently proposed rules for implementing the GENIUS Act and has opened that proposal for public comment.
27m ago
BTC price drop below $64,869 may trigger $1.604B in long liquidations on major CEXs
BTC could face a total of $1.604 billion in long liquidations on major centralized exchanges if its price moves below $64,869, according to Coinglass data cited by ChainCatcher. The same data set indicates that a breakout above $71,677 would see short positions on these major CEXs liquidated by a combined $1.336 billion.
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27m ago
Circle Mints Additional 1 Billion USDC on Solana in 10 Hours, Cumulative Issuance Reaches 23.75 Billion Since 2026
Circle minted an additional 1 billion USDC on Solana over a 10-hour period, Onchain Lens data show. Circle has cumulatively issued 23.75 billion USDC on the Solana network since 2026.
USDC
USDC+0.00%
28m ago
BlackRock ETF Address Records 3,809 BTC Net Inflow, Deposits 7,553 ETH to Coinbase
BlackRock's ETF address recorded a net inflow of 3,809 BTC ($259.79 million) over a 10-hour period on March 4, Onchain Lens data show. The address withdrew 4,376 BTC ($297.85 million) from Coinbase and deposited 567 BTC ($38.05 million) and 7,553 ETH ($14.7 million) to the exchange during the same window.
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BTC
BTC-1.49%
28m ago
BlackRock moves 4,376 BTC from Coinbase, logs net inflow of 3,809 BTC in 10 hours
BlackRock transferred 4,376 BTC ($298 million) out of Coinbase over a 10-hour period while recording a net inflow of 3,809 BTC ($260 million), Onchain Lens data cited by ChainCatcher show. The firm also moved 567 BTC ($38.05 million) and 7,553 ETH ($14.7 million) into Coinbase during the same window.
BTC
BTC-1.49%
28m ago
BlackRock Withdraws 4,376 BTC from Coinbase in 10 Hours
BlackRock withdrew 4,376 BTC from Coinbase over a 10-hour period, worth approximately $297.85 million, OnchainLens data show. The firm simultaneously deposited 567 BTC and 7,553 ETH into Coinbase, valued at roughly $38.05 million and $14.7 million, respectively.
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BTC
BTC-1.49%
36m ago
Bitcoin Nears 20 Millionth Coin as Over 95% of 21 Million Supply Already Mined
Bitcoin is approaching the mining of its 20 millionth coin, with more than 95% of its capped 21 million supply already mined, CoinDesk reports. The remaining 1 million BTC will be mined gradually over more than a century, underscoring the asset's programmed scarcity.
42m ago
Trump Administration Advances Crypto Rules via Executive Action as Atkins, Selig Named to SEC and CFTC
The Trump administration is pursuing crypto regulation through executive action as the Clarity Act stalls in Congress, CoinDesk reports. Analyst Brady Dale noted that naming Paul Atkins as SEC chair could prove pivotal, as Atkins has argued the SEC already has sufficient authority to craft crypto rules without new legislation. Michael Selig's appointment to lead the CFTC is expected to keep both regulators aligned, with draft rules planned for fall 2025 and finalization set for spring 2026. The rules would mark the first specific regulatory framework for decentralized finance networks and compliant token sales.
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43m ago
Trump Vows Full Iran Pressure as Dow Drops 1,300 Points; Asian Stocks Tumble While Bitcoin Holds $68,000
U.S. stocks fell sharply on March 4 after President Trump pledged to spare no cost on Iran, with the Dow Jones sliding nearly 1,300 points at the open, BlockBeats reports. Trump later announced plans to insure and escort tankers through the Strait of Hormuz, prompting crude oil, the dollar and Treasury yields to retreat from intraday highs and narrowing broader equity losses, though the Nasdaq still closed down more than 1%. Iran continues surveillance of the strait, and Islamic Revolutionary Guard Corps Navy Deputy Commander Mohammad Akbarzadeh said the waterway remains fully under Iranian naval control, with more than a dozen tankers reportedly hit by projectiles; Polymarket data show a high implied probability Iran might close the strait. During Asian trading, South Korea's KOSPI dropped 6% and KOSPI 200 futures fell 5%, triggering a five-minute program-trading halt, while Japan's Nikkei 225 declined 2.31% and fell below 55,000. Bitcoin traded at $68,151.61, up 0.64% over 24 hours, and Ethereum at $1,981, gaining 0.61% in the same period.
BTC
BTC-1.49%
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