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Yuma, a subsidiary of Digital Currency Group (DCG), announced via its official X account that 19% of the total supply of Bittensor (TAO) is now staked on its subnets. The total value of these staked assets has reached $691 million in 13 months. Meanwhile, another DCG subsidiary, Grayscale, also operates TAO-related products.

Euro-pegged stablecoins are being overlooked by the market, with monthly spot trading volume dropping from $200 million at the start of 2024 to around $100 million recently, DL News reported, citing a Kaiko report. In contrast, dollar-pegged stablecoins generate over $1 trillion in monthly volume. The report explained that while the European Union's Markets in Crypto-Assets (MiCA) regulation was intended to provide regulatory clarity and a favorable environment for stablecoin issuers in Europe, traders still favor dollar-based alternatives. It added that Euro stablecoins currently fail to offer any tangible benefits. However, the report also noted some optimism for the future, citing the planned launch of Euro stablecoins by the European Banking Union.

The Worldcoin (WLD) team has transferred 89.65 million WLD, worth $26.17 million, to a new address, Onchain Lens reported. Of this amount, the team has begun depositing 48,900 WLD ($14,250) into Binance.

Strategy (MSTR) founder Michael Saylor has identified "digital credit" as the next phase for the cryptocurrency market, Forbes reported. Speaking at the New York Digital Asset Summit, Saylor explained that Strategy is already implementing this concept through its preferred stock product, STRC, which he described as a low-volatility, high-yield investment vehicle based on Bitcoin. He noted that STRC, a product based on digital credit, is recording an 11.5% yield with volatility around 2% and a Sharpe Ratio approaching four. Saylor emphasized that in the future, financial markets will see direct competition between traditional products and a new stack comprising digital assets like BTC to absorb volatility, an intermediate stage of digital equity, and digital credit to provide stable, bond-like returns. However, the outlet noted that concerns remain, as Strategy's product relies on the continued rise of BTC's price and the company's ability to secure funding, potentially leaving it vulnerable in a market downturn.

CoinMarketCap's Altcoin Season Index has dropped one point from the previous day to 49. The index is calculated by comparing the price performance of the top 100 cryptocurrencies, excluding stablecoins and wrapped coins, against Bitcoin. An "altcoin season" is declared when 75% of these top coins have outperformed Bitcoin over the past 90 days, while the opposite is considered a "Bitcoin season." A score closer to 100 indicates a stronger altcoin season.

Onchain Lens reported that a new address, starting with 0x755, withdrew a total of 55,175 ETH ($113.62 million) from Galaxy Digital seven hours ago. Onchain Lens previously speculated that such fund movements could be linked to Nasdaq-listed companies like Bitmine (BMNR) and SharpLink Gaming (SBET).

The yield on Japan's five-year government bond has climbed to 1.76%, setting a new all-time high. A rise in Japanese bond yields could exert downward pressure on the market, as it increases repayment pressure on yen carry trades where investors borrow the low-interest yen to invest in assets like Bitcoin and U.S. stocks.

The recent sale of Bitcoin by MARA Holdings (MARA) could be the start of a large-scale asset liquidation across the industry, according to Quinn Thompson, founder of crypto hedge fund Lekker Capital. In a post on X, Thompson noted that MARA Holdings' financial condition has deteriorated after it purchased BTC above $90,000 and subsequently sold over $1 billion worth of the asset at around $72,000. Thompson had previously pointed out on March 13 that a decline in hash rate was being led by miners such as Core Scientific (CORZ), TeraWulf (WULF), Cipher Digital (CIFR), and Iren (IREN). He suggested that the BTC held by these mining companies could exert short-term downward pressure on the market. MARA Holdings announced it had sold 15,133 BTC, valued at $1.1 billion, between March 4 and March 25.

The deeper Bitcoin's decline, the longer its recovery period tends to be, according to crypto newsletter platform Ecoinometrics. In a post on X, the platform noted that for every additional 10% in the drawdown, the recovery period extends by roughly 80 days. Based on this model and Bitcoin's current drawdown, Ecoinometrics estimates it could take approximately 300 days for the asset to reclaim its previous all-time high. The platform clarified that this data is not a price prediction but a guide for the potential timeframe involved. Bitcoin has fallen about 45% from its peak of $126,000 in October 2025 to around $68,900 as of March 27.

According to data from crypto options exchange Deribit, Bitcoin options with a notional value of $13.2 billion are set to expire at 8:00 a.m. UTC today, March 27. The put/call ratio is 0.59, and the max pain price—the level at which the largest number of options contracts would expire worthless—is $75,000. Additionally, Ethereum options worth $2.1 billion will expire at the same time. The put/call ratio for these contracts is 0.57, with a max pain price of $2,250.

Veteran trader Peter Brandt said on X that Bitcoin is exhibiting a rising wedge structure, which he described as a sell signal. A rising wedge is a classic technical pattern that often signals a trend reversal, suggesting a potential downturn when it appears during an uptrend. Brandt identified the $65,000 level as a key support line.

The Fear & Greed Index, compiled by crypto data provider Alternative, rose three points from the previous day to 13. The market sentiment remains in the 'Extreme Fear' category. The index measures market sentiment on a scale of 0 to 100, where a score closer to 0 indicates extreme fear and a score closer to 100 signifies extreme optimism. The index is calculated based on several factors: volatility (25%), market volume (25%), social media mentions (15%), surveys (15%), Bitcoin dominance (10%), and Google search trends (10%).

Rep. Maxine Waters, the ranking Democrat on the U.S. House Financial Services Committee, has sent a letter to the Federal Reserve Bank of Kansas City questioning its approval of a master account for crypto exchange Kraken. According to CoinDesk, Waters argued in the letter that the "limited master account," which allows Kraken to directly use the Fed's payment services, has an unclear legal basis. She stated that no such category as a "limited account" exists in law or in guidance from the Fed's Board of Governors. Consequently, she has requested additional information, including a clear explanation of the conditions and process for Kraken's approval. Waters is considered a leading candidate to return as chair of the committee if the Democratic Party wins a majority in the House in the upcoming midterm elections.

U.S. Representative Stephen Lynch has voiced concerns that the Securities and Exchange Commission (SEC) under the Donald Trump administration is no longer acting as the "crypto police," leaving a void in monitoring industry misconduct. Speaking at a hearing of the House Subcommittee on Digital Assets, Financial Technology and Inclusion on March 26, Lynch acknowledged the potential for innovative technology to generate significant profits but expressed worry over recent regulatory trends, Cointelegraph reported. He highlighted that the Trump administration has dismantled several SEC teams responsible for managing fraud cases and has dropped most lawsuits against indicted companies, some of whose executives have close ties to the administration.

David Sacks, the head of artificial intelligence (AI) and cryptocurrency for the U.S. Trump administration, said his term as the so-called 'crypto czar' has ended. In an interview with Bloomberg on March 26, Sacks stated that his role as a special government employee is over. According to CNBC, he added that he has completed his 130-day term and has now joined the President's Council of Advisors on Science and Technology (PCAST). CoinNess previously reported that President Trump's newly formed PCAST includes Sacks and several other cryptocurrency experts.

Nasdaq's adoption of stock tokens and tokenization technology could lead to a dual market structure in the U.S., fragmenting trading and widening price differences for the same assets across platforms, TD Securities has warned. According to a Cointelegraph report, the Canadian investment bank noted that Nasdaq plans to introduce tokenization to its Alternative Trading System (ATS), which connects buyers and sellers outside of traditional exchanges. The report states Nasdaq is pursuing three main objectives: improving post-trade settlement and clearing, helping companies issue their own stock tokens, and facilitating the trading of these tokens on overseas platforms like Kraken. TD Securities explained that this approach could create separate markets for the same underlying assets, introducing new risks such as reduced trading volume and greater price discrepancies between platforms.

Tarek Mansour of prediction market platform Kalshi announced a partnership with U.S. asset manager and Bitcoin ETF issuer Ark Invest on March 26. He stated that in response to growing demand from institutional investors, the two firms are working to list prediction markets tailored for investment analysis. Mansour noted that these markets, which will cover metrics such as non-farm payrolls, the fiscal deficit-to-GDP ratio, and corporate KPIs, are designed to generate meaningful signals for better institutional decision-making.

U.S. President Donald Trump claimed that a temporary halt to attacks on Iranian energy facilities was implemented at the request of Iran, Walter Bloomberg reported. The president added that while Iran asked for seven more days, he granted a 10-day reprieve. However, an anonymous Iranian official has denied Trump's remarks, stating that Iran has made no such requests regarding potential U.S. airstrikes, according to Dropsitenews and other outlets.

Ripple CEO Brad Garlinghouse has stated that a proposed crypto market structure bill will eventually pass, even after Coinbase announced it could not support a Senate compromise on the legislation. The compromise for the CLARITY Act notably includes a ban on paying interest on stablecoin balances. According to UToday, Garlinghouse commented that Ripple is not a leading force in this particular legislative fight. He explained his belief that the bill will ultimately be approved despite Coinbase's rejection, suggesting that people are frustrated and tired and want to see any kind of progress.

Bitcoin investment firm Twenty One Capital has become the second-largest holder of Bitcoin among publicly traded companies after MARA Holdings (MARA) sold 15,000 BTC to fund the early redemption of its convertible notes. According to Cointelegraph, Twenty One Capital now holds 43,514 BTC, worth approximately $2.9 billion. This places it second only to Strategy, which holds 762,099 BTC.

U.S. President Donald Trump announced that at the request of the Iranian government, attacks on the country's energy power plants will be halted for ten days until 12:00 a.m. UTC on April 7. He added that negotiations are currently ongoing and proceeding very smoothly, contrary to what he described as false reports from the media.

Japan's Financial Services Agency (FSA) has issued warnings to several cryptocurrency firms, including KuCoin, for operating without registration. According to Cointelegraph, the FSA recently published a list of unregistered financial instrument business operators, stating that four platforms—KuCoin, NeonFX, TheOption, and GTCFX—received correction orders in March for soliciting over-the-counter derivative transactions online. The regulator noted that Seychelles-based KuCoin has been providing services to residents of Japan. This follows a similar action in November 2024, when the FSA issued warnings to KuCoin and four other crypto exchanges for the same violation.

Tron (TRX) founder Justin Sun announced via X that his team has independently developed an artificial intelligence (AI) system to identify suspects in cryptocurrency fraud cases. The system has so far analyzed criminal cases involving over $1 billion. Sun plans to offer $100 million, or 10% of that amount, as rewards to white-hat contributors and law enforcement agencies. A website has also been launched to accept tips.

The three major U.S. stock indices closed lower today. - S&P 500: -1.74% - Nasdaq: -2.38% - Dow Jones: -1.01%

Haider Rafique, president of the crypto exchange OKX, which has Chinese roots, said the company is not in a hurry to pursue an initial public offering (IPO) in the U.S. Speaking at the Digital Asset Summit, he stated that an IPO would only be considered when the company is confident it can deliver value to shareholders, CoinDesk reported. Rafique expressed concerns that a poorly performing public listing could negatively impact the entire cryptocurrency industry, using the example of a hypothetical stock that drops 50% post-IPO. He explained that the focus for now is on building a solid company with a 20- to 30-year growth plan, viewing a potential IPO as a move for sustainability rather than a matter of timing.