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During a hearing for the crypto market structure bill (CLARITY), Republican members of the U.S. Senate Banking Committee pressured the White House to release a new research report from its Council of Economic Advisers (CEA), according to Eleanor Terrett, host of Crypto in America. The lawmakers urged Patrick Witt, director general of the White House's crypto advisory committee, to make the document public. The report covers the potential impact of stablecoin interest on deposit outflows and bank lending. While Republican members of the committee have been briefed on its findings, the document itself remains undisclosed. Meanwhile, Wyoming Senator Cynthia Lummis has stated that a nearly 99% consensus has been reached on the stablecoin interest provisions within the bill.

The board of directors at U.S. stock and crypto trading app Robinhood has approved a new $1.5 billion share buyback plan to be executed over the next three years, CoinDesk reported. The company also expanded its credit facility from $2.65 billion to $3.25 billion after renewing a credit agreement with a shareholder group led by JPMorgan. Robinhood's stock has fallen more than 50% since Bitcoin peaked last October.

U.S. Senator Cynthia Lummis of Wyoming has stated that lawmakers have reached nearly 99% agreement on the stablecoin interest provisions of the market structure bill, known as the CLARITY Act. According to Eleanor Terrett, host of "Crypto in America," Lummis described a Republican meeting on the bill held on March 24 as highly productive. She added that negotiations on the crypto-related sections of the legislation are progressing smoothly and that she also heard from colleagues about the need to address issues in housing and regional banking.

Coinbase will list PRL for spot trading.

Robert Mitchnick, BlackRock's head of digital assets, said that institutional investors are increasingly focusing on Bitcoin and Ethereum, viewing most other tokens as short-lived, useless, and "mostly just hype." Speaking at the Digital Asset Summit, Mitchnick noted that clients are concentrating on a few assets rather than building broad portfolios, with Bitcoin and Ethereum leading the way and minimal interest elsewhere, CoinDesk reported. He added that artificial intelligence (AI) is a more significant driver than new tokens. Mitchnick explained that a natural symbiotic relationship exists between the two, as cryptocurrency is the native currency of computers, while AI represents their native data and intelligence.

According to CoinNess market monitoring, BTC has risen above $70,000. BTC is trading at $70,011.89 on the Binance USDT market.

The three major U.S. stock indices closed lower today. - S&P 500: -0.37% - Nasdaq: -0.84% - Dow Jones: -0.18%

Coinbase announced the addition of CHECK and SIGN to its listing roadmap.

Whale Alert reported that 3,837 BTC has been transferred from Antpool to an unknown wallet. The transaction is valued at about $266 million.

Robin Vince, CEO of BNY Mellon, said that large financial institutions will lead the next phase of cryptocurrency adoption by acting as a bridge between traditional finance and digital assets. According to CoinDesk, speaking at the Digital Asset Summit, Vince stated that the next stage of crypto adoption depends on these major institutions. He noted that banks are well-positioned to connect cryptocurrencies to the broader financial system and can serve as an effective bridge, highlighting tokenization as a key area. Vince also emphasized that trust and regulation will determine the speed of growth, adding that clear information and rules are necessary. He warned that if the market remains unregulated, 90% of the financial services industry will not want to get involved. He concluded that this will be a long journey, taking five, 10, or 15 years.

Iran will allow non-hostile ships to pass through the Strait of Hormuz but will deny passage to vessels associated with the United States, Israel, and any countries involved in aggression, Winter Bloomberg reported.

U.S. President Donald Trump said the U.S. has won the war with Iran and that he thinks the conflict can be ended, although he could not say for sure, Walter Bloomberg reported.

Whale Alert reported that 4,005 BTC has been transferred from Bitfinex to Antpool. The transaction is valued at about $278 million.

Whale Alert reported that 3,000 BTC has been transferred from an unknown wallet to Bitfinex. The transaction is valued at about $208 million.

Bitcoin-based financial infrastructure platform Lombard (BARD) is partnering with Bitwise to support yield generation and loans collateralized by Bitcoin, Cointelegraph reported. The service aims to allow institutions to earn yield on their assets through the Lombard platform without moving them, and to borrow against those assets. For this initiative, Bitwise will develop a yield strategy that combines DeFi lending with tokenized real-world assets. Morpho (MORPHO) will provide the infrastructure for the Bitcoin-collateralized loans.

U.S. President Donald Trump said the U.S. is achieving great success in Iran, adding that his administration is in talks with the right people to reach an agreement.

The United States and Iran could hold high-level talks as early as this Thursday, Axios reported.

According to CoinNess market monitoring, BTC has fallen below $69,000. BTC is trading at $68,984.51 on the Binance USDT market.

Bitcoin whale transfer activity has dropped to its lowest level since September 2023. According to Santiment, the number of BTC transfers worth over $100,000 in a 24-hour period was 6,417, the lowest figure since September 2023. Transfers of over $1 million also fell to 1,485, the lowest since October 2024. Santiment stated that whale activity has entered a historically quiet phase, attributing this to major stakeholders waiting for developments regarding the prolonged war and for regulatory guidelines to be specified through the CLARITY Act. The firm added that whales are being cautious about moving funds amid numerous policy changes and global uncertainties.

Binance has announced it will list perpetual futures for META/USDT, NVDA/USDT, and GOOGL/USDT on March 26. The listings are scheduled for 2:30 p.m. UTC, 2:40 p.m. UTC, and 2:50 p.m. UTC, respectively. All contracts will support up to 10x leverage.

Banks' expansion into the cryptocurrency sector is the result of years of infrastructure development, not a reaction to the fear of missing out (FOMO), according to Amy Oldenburg, head of digital asset strategy at Morgan Stanley. Speaking at a panel discussion at the Digital Asset Summit, she explained that major banks are operating based on years of internal research, CoinDesk reported. Oldenburg added that banks are now preparing to support the trading of tokenized stocks on alternative trading systems. Highlighting the differences between crypto startups and large financial institutions, she pointed out that startup founders often underestimate the complexity of the banking system.

According to data from CryptoQuant, positions worth $813 million have been liquidated over the past 48 hours. The firm analyzed that the market needed a reset due to overheated open interest and concentrated positioning, adding that leverage was punished in both directions.

Coinbase has listed ICNT for spot trading.

A wallet created on March 24 opened a long position of 5,757.57 GOLD with 25x leverage, a stake valued at approximately $25.41 million, Onchain Lens reported.

The Ethereum Foundation (EF) has launched a new website detailing its comprehensive resources for addressing post-quantum (PQ) threats to the Ethereum network. The foundation stated that this initiative, which began in 2018 with initial research into STARK-based Signature Aggregation, has been an ongoing effort for over eight years. The work is led by its Post-Quantum and Cryptography teams, with support from the Protocol Architecture and Protocol Coordination teams. The EF also noted that more than 10 client teams are already building and deploying devnets weekly through PQ Interop. The website includes the following resources: - The impact of PQ on the protocol layer - The complete PQ roadmap - Open resources, including repos, specs, papers, and EIPs - An FAQ section with 14 questions across five categories, compiled by the PQ team