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MicroStrategy founder Michael Saylor said in a CNBC interview that the company can permanently pay dividends on its perpetual preferred stock, STRC, if the price of Bitcoin rises by just 2% annually.

Armani Ferrante, CEO of crypto exchange Backpack, has addressed recent fear, uncertainty, and doubt (FUD) surrounding the project. He stated that the Backpack team is not selling its tokens over-the-counter (OTC) to cash out and acknowledged that its criteria for handling Sybil accounts were "somewhat mechanical." Ferrante added that going forward, the team will focus on building and creating long-term value rather than on token price or fully diluted valuation (FDV). The clarification follows the recent Token Generation Event for Backpack's native BP token.

Bithumb has announced that it will temporarily suspend deposits and withdrawals for Cosmos (ATOM) starting at 9:00 a.m. UTC on April 1 to support a network upgrade.

An address presumed to belong to the Bhutanese government transferred out 123.7 BTC ($8.5 million) two hours ago, Lookonchain reported. Over the past two days, the same address has moved a total of 643 BTC ($45.24 million).

An Australian federal court has fined Binance's local entity 10 million Australian dollars ($6.9 million), The Wall Street Journal reported. According to the Australian Securities and Investments Commission (ASIC), Binance misclassified 524 retail investors as "wholesale" clients. This error exposed the customers to high-risk derivatives, leading to millions of dollars in losses.

According to CoinNess market monitoring, BTC has fallen below $68,000. BTC is trading at $67,986.62 on the Binance USDT market.

Vietnamese police have uncovered a multi-billion dollar cryptocurrency fraud ring, Singaporean media outlet The Straits Times reported. The organization is accused of issuing and selling fake cryptocurrencies through a platform called ONUS and then laundering the proceeds.

The European Central Bank (ECB) has suggested that some decentralized finance projects may not qualify for exemptions under the European Union's Markets in Crypto-Assets (MiCA) regulation due to excessive centralization of decision-making power, according to a recent report. Cointelegraph shared a portion of the report on its official X account, which cited Aave (AAVE), Sky (SKY, formerly MKR), Uniswap (UNI), and Ampleforth as examples. The document noted that for these projects, more than half of the tokens are often linked to the protocol's team or exchanges, and key participants in governance votes are frequently delegated representatives. The report added that in many such cases, the identities of these representatives cannot be verified or linked to the actual token holders, raising questions as to whether DeFi DAOs can truly fall outside the scope of MiCA's regulatory framework.

LS Cable & System, South Korea's leading cable manufacturer, is pursuing a security token (STO) business to enable stock-like trading of copper and rare earth elements, which have become strategic assets in the age of artificial intelligence. The company plans to launch the initiative in line with the implementation of a legal framework for security tokens next year. The move is designed to quickly liquidate over 1 trillion won ($725 million) in raw material assets, which will accelerate investments in projects such as new factory construction.

OKX has announced it will delist the UXLINK/USD spot trading pair at 8:00 a.m. UTC on April 3 and the UXLINK/USDT spot trading pair on April 6.

Bybit has announced that it will list BASED for spot trading.

Bitcoin is experiencing a contraction not only in price but also in network activity, according to an analysis by crypto analyst Oro Crypto. In a post on X, the analyst noted that the number of active addresses, a key indicator of network health, has shown a clear downtrend. After peaking at 938,609 last August, the number of active addresses fell by approximately 30% to 655,908 as of March 25. This suggests a sustained slowdown in on-chain activity, he said. Oro Crypto added that a simple price rebound is unlikely to lead to a structural recovery in on-chain activity and that a full-scale market expansion would require both a price increase and a rebound in network engagement.

The Trump family is estimated to have earned over $1 billion (1.5 trillion won) from three cryptocurrency-related ventures, FinanceSpeed reported. These include the memecoin TRUMP, various NFT projects, and a cryptocurrency platform believed to be World Liberty Financial (WLFI) and its stablecoin, USD1. The TRUMP memecoin, launched early last year, reportedly reached a market capitalization in the billions of dollars and is estimated to have generated around $350 million in profits from token sales. The report added that the family's NFT and platform businesses also successfully raised significant funds. The family's diversified approach combined speculative demand from retail investors with a profit structure that utilized safe-haven assets like government bonds. These crypto ventures now represent a substantial portion of the family's total wealth. While U.S. political circles have consistently raised concerns about potential conflicts of interest, some in the industry view the Trump family's brand and narrative as a new market trend for attracting capital.

Bitcoin's 200-week moving average, often considered its ultimate support level, has risen above $59,000, U.Today reported, citing Blockstream CEO Adam Back. The 200-week moving average, which calculates the average closing price over that period, is a key indicator for tracking long-term trends. Historically, it has served as a final support line during sharp market downturns, typically attracting both retail and institutional buying pressure whenever the price has approached it. The report noted that while BTC did briefly fall below this moving average during the March 2020 COVID-19 crash and the 2022 bear market, these instances were exceptional.

On-chain analytics firm Santiment reports that whale addresses have been consistently accumulating Bitcoin over the past month. According to the firm, addresses holding between 10 and 10,000 BTC have added a total of 61,568 BTC over the last 30 days, despite the price dipping to the $68,100 level. Santiment suggests this is a positive signal that could precede an upward breakout from the current range-bound market. The firm also noted that small-scale investors holding less than 0.01 BTC have been accumulating at a similar pace during the same period.

An individual investor in his 70s, Kim Geo-seok, has donated 100,000 XRP, valued at 210 million won (about $152,000), to Seoul National University Hospital, News1 reported. Kim also donated one BTC to the hospital last November and has previously contributed a total of 900 million won in cash and 1.27 billion won worth of cryptocurrency. The hospital plans to liquidate the latest donation in accordance with its guidelines and allocate the funds to its general and children's hospital development funds.

Nasdaq-listed company Tron is purchasing its native token, TRX, according to on-chain data platform Arkham. Arkham reported via its official X account that a suspected Tron address currently holds over $200 million in TRX, with most of it staked. The platform added that Tron has been buying $50,000 worth of TRX daily for the past two months.

South Korean prosecutors have appealed a court's decision to cancel a 2 billion won fine against crypto exchange Hanbitco, Digital Asset reported exclusively. The penalty was originally imposed by South Korea’s Financial Intelligence Unit (FIU) for violations of the country's financial transaction reporting act. The outlet noted that the outcome of Hanbitco's case is being closely watched, as Dunamu, the operator of Upbit, is also in a legal battle after challenging a 35.2 billion won fine from the FIU in February for similar violations.

BTC perp long/short ratios on top exchanges by open interest The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 48.99% long, 51.01% short - Binance: 50.11% long, 49.89% short - OKX: 48.17% long, 51.83% short - Bybit: 49.17% long, 50.83% short

Blockchain lottery platform Megapot has raised $5 million in a funding round led by Dragonfly Capital, Fortune Crypto reported. The round included participation from Coinbase Ventures and Bankless Ventures. Megapot is a lottery platform built on the Ethereum Layer 2 network Base, which it says offers larger prizes and higher odds of winning than traditional lotteries. The funds will be used to expand the number of countries where the service is available and to upgrade its systems.

The U.S. 10-year Treasury yield has climbed 46 basis points since the end of last month to 4.42%, reducing the appeal of risk assets like cryptocurrencies, according to an analysis by Decrypt. The report attributes the yield surge to geopolitical tensions surrounding Iran, rising oil prices, and inflation concerns. However, Decrypt noted that Bitcoin is showing more resilience than the stock market, interpreting this as a phase where BTC is being moved off exchanges for long-term holding. The outlet explained that if the Treasury yield reaches 4.5%, financial market conditions will tighten further, and BTC will become more influenced by macroeconomic variables than its own positive factors.

An anonymous address starting with 0xBE42, which participated in the Ethereum (ETH) ICO 11 years ago, sold 9,628.54 ETH ($19.72 million) on-chain at an average price of $2,049 about 45 minutes ago, ai_9684xtpa reported. The sale followed an external transfer of 18,500 ETH from the same address. The address's original average purchase price for the ETH was $0.31.

Tether has selected KPMG, one of the Big Four global accounting firms, to conduct a formal financial audit of USDT, the Financial Times (FT) reported. A formal audit is a more comprehensive verification process than the existing quarterly reserve attestations, examining a company's assets, liabilities, internal controls, and overall financial reporting system. In preparation for the audit, Tether is also reportedly working with PricewaterhouseCoopers (PwC) to overhaul its internal systems.

U.S. Senate Banking Committee Chairman Tim Scott said the cryptocurrency market structure bill (CLARITY) has secured bipartisan support, Cointelegraph reported. He added that reconciling interests within the industry remains the final challenge and that discussions with key industry players, including Coinbase, are ongoing.

Approximately 80% of investors in Strategy's (MSTR) high-yield, low-volatility preferred stock, STRC, are retail investors, Cointelegraph reported. Strategy CEO Phong Le stated that this trend shows a preference among retail investors for low-volatility, high-yield "Digital Credit" products. In a separate interview with CNBC, Strategy founder Michael Saylor described the product as an alternative for those who want to invest in Bitcoin's long-term value but are wary of short-term price fluctuations. He explained that STRC is designed as a perpetual security with no maturity date, offering an annual dividend of around 11.5%. The dividend rate is adjusted based on market conditions, with the objective of maintaining a stable price.