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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.

U.S. spot Ethereum ETFs saw net outflows of $92.97 million on March 26, marking the seventh consecutive day of net outflows, according to data compiled by Trader T. - BlackRock's ETHA: -$141.59 million - Fidelity's FETH: -$23.95 million - Bitwise's ETHW: -$5.12 million - BlackRock Staking ETHB: +$97.73 million - Grayscale's ETHE: -$13.83 million - Grayscale Mini ETH: -$6.21 million

U.S. spot Bitcoin ETFs recorded a total net outflow of $171.44 million on March 26, according to data from Trader T. The reversal comes just one day after the funds had posted net inflows. The breakdown by fund is as follows: - BlackRock (IBIT): -$42.15 million - Fidelity (FBTC): -$32.81 million - Bitwise (BITB): -$33.10 million - Ark Invest (ARKB): -$30.45 million - VanEck (HODL): -$2.42 million - Grayscale (GBTC): -$25.06 million - Grayscale Mini BTC: -$5.45 million

Online printing company Sticker Mule now accepts cryptocurrency payments, according to a PR Newswire press release. The company allows users to connect their wallets through a Stripe-based system to pay with stablecoins like USDC.

Crypto lending protocol Aave (AAVE) announced via its official X account that it is seeking feedback on a framework to transfer 100% of the revenue generated from Aave-related services to its community (DAO) treasury. The framework, dubbed "Aave Will Win," aims to use the funds to support the growth of Aave-related DeFi and the development of its V4 protocol.

It is unclear whether a successor will be appointed for David Sacks, the Trump administration's head of AI and cryptocurrency policy, according to Eleanor Terrett, host of Crypto in America. In a post on X, Terrett noted that while key policies such as the Bitcoin Strategic Reserve and the Crypto Market Structure Act (CLARITY) are moving forward, the appointment of a new "crypto czar" remains uncertain. She added that it is also unclear if Sacks will continue to serve as co-chair of the President's Council of Advisors on Science and Technology (PCAST). Terrett stated that she has asked the White House and Sacks for their positions on the matter.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - ETH: $112.36 million liquidated (90.24% longs) - BTC: $100.41 million liquidated (89.46% longs) - SOL: $12.30 million liquidated (93.12% longs)

Circle (CRCL) has introduced a technology that allows users to transfer or swap cryptocurrencies across different chains using USDC, eliminating the need for native gas tokens. In a post on its official blog, the company outlined several approaches: - A method utilizing Circle's own chain, Arc. - A "Gas Station" model where developers cover the gas fees on behalf of users. - A "Paymaster" system that enables gas payments with USDC on existing blockchains.

Blockchain analytics firm Chainalysis announced it will support the Sui (SUI) network and its native cryptocurrency with a real-time monitoring system. Through its proprietary Know Your Transaction (KYT) solution, Chainalysis users can monitor network activity and receive immediate alerts for any suspicious signs. The company added that the system also allows for the identification of high-risk addresses and the monitoring of illicit activities.

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.