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Within the US, Meta and YouTube discovered responsible in social media habit case – activists welcome determination<p>A Los Angeles court docket discovered Meta and Google responsible of deliberately creating addictive platforms. The sufferer will obtain compensation for injury to psychological well being.</p>

BTC USD has damaged under the $67,000 value degree for the primary time since March 9, sliding by 5 massive percents in 24 hours to commerce at $66,300, and the macro backdrop simply bought significantly uglier. The ten-year U.S. Treasury yield is closing in on 4.5%, its highest degree since July, draining danger urge for food throughout crypto markets. Whether or not this dip finds a flooring or accelerates into deeper liquidation territory is the query each dealer is asking proper now.

The selloff triggered near $50 million in lengthy liquidations in a single hour, with Coinglass information exhibiting roughly 90% of these wipes coming from lengthy positions. Shares of crypto-adjacent equities like Circle Web (CRCL), Coinbase (COIN), and Technique (MSTR) all fell in pre-market buying and selling. Funding charges have flipped unfavourable, which means brief merchants at the moment are paying longs: a textbook bearish sign in perpetual futures markets.

Macro circumstances are compounding the strain. The MOVE Index, which tracks U.S. bond market volatility, surged 18% in 24 hours. Oil costs, each Brent and WTI, rose 3% as Ukraine’s disruption of Russian oil flows sophisticated Trump’s supply-stabilization plans.

Danger belongings are caught in a crossfire of rising yields, geopolitical friction, and compelled crypto deleveraging. The broader BTC value outlook was already fragile heading into this week.

Uncover: The perfect crypto to diversify your portfolio with

Can BTC USD Maintain $66K Value Degree? Or Is a Deeper Flush Coming?

The BTC USD value technical construction has deteriorated sharply. Key help ranges sit at $68,400 has damaged in a flash. All short-term shifting averages are flashing SELL; the MA5 sits at $74,900, the MA3 at $78,900, each far above spot, confirming sustained downward momentum reasonably than a shallow correction.

The 48-hour liquidation heatmap is especially regarding: a dense liquidity cluster sits under $66,000, which features as a magnet for value throughout high-volatility episodes. The Worry & Greed Index has collapsed to 10, or Excessive Worry.

The Bernstein backside evaluation instructed structural help deeper within the vary, however that thesis will get more durable to carry when yields are rising, and oil is spiking concurrently. If $66,000 breaks on quantity, the subsequent credible flooring is meaningfully decrease.

Discover: The best pre-launch token sales

Bitcoin Hyper Comes With Upside Potential as BTC Checks Important Assist

Spot Bitcoin bleeding by help is painful for leveraged longs. Nevertheless it additionally traditionally sharpens consideration towards early-stage infrastructure performs, tasks that seize Bitcoin’s upside thesis with out the identical instant draw back publicity from macro-driven deleveraging. That’s the place Bitcoin Hyper ($HYPER) is drawing curiosity.

Bitcoin Hyper is positioning itself as the primary Bitcoin Layer 2 with Solana Digital Machine (SVM) integration, delivering sub-second finality and sensible contract functionality immediately inside Bitcoin’s safety mannequin.

Wow! Now this appears prefer it'll lead someplace good.
Bitcoin simply discovered its quick lane. https://t.co/VNG0P4GuDo pic.twitter.com/ayZQyRm7m3

— Bitcoin Hyper (@BTC_Hyper2) March 26, 2026

The pitch is blunt: Bitcoin is sluggish, costly, and non-programmable. Bitcoin Hyper claims to repair all three concurrently, through a Decentralized Canonical Bridge for BTC transfers and high-speed, low-cost transaction execution that reportedly outperforms Solana itself on latency metrics.

The presale has already raised greater than $32 million at a present value of simply $0.013 per $HYPER, plus 36% APY staking rewards for early consumers.

Merchants rotating out of spot BTC publicity throughout macro stress durations have traditionally scouted infrastructure-layer presales at exactly these moments. Research Bitcoin Hyper earlier than the present presale stage closes.

This text just isn’t monetary recommendation. Crypto belongings are extremely unstable. All the time conduct your personal analysis earlier than investing.

The put up BTC USD Value Falls Beneath $67K: 10-12 months US Treasury Yield Approaches Yearly Excessive appeared first on Cryptonews.

Home Monetary Companies Committee rating Democrat Rep. Maxine Waters despatched a proper letter Thursday to Federal Reserve Financial institution of Kansas Metropolis President Jeff Schmid, demanding solutions on why Kraken’s banking subsidiary was granted a Federal Reserve grasp account, and what that entry truly means in apply.

Waters set an April 10 response deadline, asking Schmid to element which Fed companies Kraken can entry, what restrictions apply, and what anti-money laundering and shopper safety measures have been evaluated earlier than approval.

This isn’t routine congressional oversight. It’s a direct problem to the legitimacy of probably the most consequential crypto banking determination the Federal Reserve has made.

Key Takeaways:

• Legislative Stress: Rep. Maxine Waters has demanded the Kansas Metropolis Fed reply by April 10, outlining the scope, restrictions, and danger controls behind Kraken Monetary’s grasp account approval.
• Kraken’s Place: Kraken Monetary — a Wyoming SPDI working beneath a full-reserve, no-lending mannequin — grew to become the first crypto-native agency to safe Fed grasp account entry, granted as a one-year pilot on March 4, 2026.
• What’s at Stake: The account offers Kraken direct entry to Fedwire, inserting a crypto alternate on the identical fee rails as business banks and credit score unions — a structural shift that conventional banking teams are calling untimely and opaque.

Uncover: Why Coinbase rejected the up to date Digital Asset Market Readability Act draft — and what it alerts for crypto’s regulatory runway

What Waters Is Really Demanding

Congressional scrutiny of the Kansas Metropolis Fed’s approval course of facilities on one core grievance: the Fed disclosed nearly nothing.

The Kansas Metropolis Fed’s press launch explicitly cited enterprise confidentiality as the rationale for withholding particulars about which companies Kraken can entry, a stance Waters known as inadequate given the stakes.

Waters wrote that “the Kansas Metropolis Fed’s announcement doesn’t disclose particular details about Kraken’s entry to the vary of Federal Reserve monetary companies as a result of confidentiality of enterprise info offered by candidates.”

Her letter calls for specifics: which Fedwire features, what ACH entry, which safeguards, and the way the approval aligns with current statutory frameworks.

The account in query is a limited-purpose, or “skinny”, grasp account, granting Kraken Monetary Tier 3 entry to Fedwire and probably ACH for reserve holdings and settlements.

It doesn’t embrace entry to Fed liquidity amenities. Fed Vice Chair for Supervision Michelle Bowman described the association at an American Bankers Affiliation convention on March 11 as a studying train: “We’re attempting to study,” she mentioned, acknowledging the Fed might intervene if behaviors proved inconsistent.

Kraken Monetary operates as a Payward subsidiary beneath Wyoming’s Particular Objective Depository Establishment framework, full-reserve, no lending, no FDIC insurance coverage. Each deposit is backed 1:1. That construction was central to the approval argument, but it surely has not quieted critics.

Financial institution Coverage Institute coverage counsel Paige Pidano Paridon said the approval “ignores public remark that the Federal Reserve sought on this framework, and it was issued with no transparency into the method for approval or the danger mitigants.” The Fed had closed a public remark interval on a crypto fee prototype account proposal lower than one month earlier than the March 4 approval, a timeline that has amplified banking sector frustration.

What to Watch

The deeper sign is precedent. Custodia Financial institution, additionally a Wyoming SPDI, was denied a grasp account in 2023 after years of litigation. Kraken’s approval on the identical institutional framework, with out a finalized Fed coverage, means the standards for entry stay successfully opaque, which is exactly what Waters is focusing on.

Transparency necessities that emerge from this congressional alternate might form whether or not any future crypto agency can replicate Kraken’s path, or whether or not this pilot turns into a one-off carve-out.

The April 10 deadline for Kansas Metropolis Fed President Schmid’s response to Waters is the instant inflection level. If Schmid discloses detailed service entry and danger protocols, it normalizes the approval and weakens the transparency critique.

If he cites confidentiality and deflects, the congressional strain escalates, probably triggering formal committee hearings that put all the Fed crypto banking framework beneath public examination.

The one-year pilot analysis and Kraken’s IPO timeline are transferring in parallel. How the Fed solutions Congress will decide whether or not Kraken’s grasp account turns into the template for crypto banking entry, or the final one authorized earlier than the window closes.

The put up US Lawmaker Presses Kansas Fed Over Kraken Trade Grasp Account Approval appeared first on Cryptonews.