Crypto news

Let’s talk ETFs, shall we? These nifty little things were supposed to be Bitcoin’s ticket to the moon, but now they seem to be the ones sending it straight into a black hole. Since their grand debut in 2024, Spot Bitcoin ETFs have been like the new best friend at a party-pumping up Bitcoin’s price with all their daily inflows. But when they start to retreat like a shy guest at the end of the evening? Well, the whole party starts to collapse. And boy, has the retreat been dramatic. Institutional investors are basically ghosting Bitcoin, likely because they’re taking profits, managing risk, or simply losing their patience. Whatever the reason, the lack of demand has definitely taken a toll on the price.

But while the “war is ending” narrative was doing the cha-cha across headlines, Bitcoin’s intraday data was more of a wallflower, cautiously sipping its punch and side-eyeing the dance floor.

Coinbase Chief Legal Officer Paul Grewal said he is confident that a deal on stablecoin yields under the Digital Asset Market Clarity Act (CLARITY Act) will be reached within 48 hours. A promise as fleeting as a London fog and twice as confusing.

The Corporations Amendment (Digital Assets Framework) Bill 2025, freshly passed, demands little short of a miracle: all centralized exchanges and tokenized custodians must now carry an Australian Financial Services Licence (AFSL). ASIC will watch them as closely as a governess with a suspicious eye, monitoring custody, disclosures, and the many risks that once turned coins into smoke.

In a world where gold is data and serfdom is measured in lines of code, the U.S. derivatives regulator, that most solemn of bureaucratic priests, has exorcised a former FTX high priest. The Commodity Futures Trading Commission (CFTC), a body as ancient and unyielding as the Kremlin’s stone walls, announced on April 1 that it had resolved its case against Nishad Singh, the man who once commanded the digital fields of FTX. The verdict? A $3.7 million disgorgement, a five-year trading ban, and an eight-year registration ban, all served with a side of cooperation-though one suspects Singh’s “cooperation” was less a noble act and more a desperate plea for mercy.

The U.S. Department of the Treasury, ever the master of existential dread, issued a notice of proposed rulemaking (NPRM) on April 1, a document so dense it could double as a doorstop for the financially perplexed. The federal agency, in its infinite wisdom, is advancing the GENIUS Act, a legislative marvel that promises to harmonize the discordant symphony of state-level regulation with the federal standard. The announcement, dripping with the irony of bureaucratic optimism, declared:

The ascent brought BitMine’s stock perilously close to the upper trendline of a descending channel, a cage of sorts that has held the price since early December. Yet, the nature of this rally, devoid of institutional fervor, invites the question: shall this attempt succeed where others have faltered, or shall it, like a moth to a flame, meet its demise?

Though the trajectory has been more stagnant than a country pond in midsummer, certain indicators on the 8-hour chart present a most curious resemblance to the pattern which heralded Solana’s 21% ascent in the earlier part of March. Whether fortune smiles upon a repeat, or leaves us in disappointment, depends entirely upon a rather formidable wall of supply looming above, as if daring our ambitions.

Australia, in a move that can only be described as “eventful,” has taken a historic step in crypto regulation. The Corporations Amendment (Digital Assets Framework) Bill 2025 cleared the Senate on April 1, 2026. Yes, it’s not a joke, though it sounds like one.

The five transactions were logged between 8:21 p.m. and 8:40 p.m. UTC. Blockchain sleuths at btcparser.com reveal the wallet was born May 1, 2014-a veritable antique in crypto terms, predating the era when institutional investors even knew what “Bitcoin” meant.