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Coinbase CEO Brian Armstrong has endorsed billionaire investor Stanley Druckenmiller's optimistic outlook on stablecoins, U.Today reported. Armstrong shared an interview with Druckenmiller, stating, "Druck is right." Previously, in an interview with Morgan Stanley, Druckenmiller predicted that the global payment system would become heavily reliant on stablecoins within the next 10 to 15 years. He emphasized that blockchain-based assets could solve the speed and cost issues inherent in traditional payment systems. Market analysts note that stablecoins are increasingly viewed as a potential cornerstone of international remittance and payment infrastructure, owing to their fast settlement times, low transaction fees, and price stability.

XRP community influencer Arthur has alleged that recent price movements in the token are the result of organized manipulation, The Crypto Basic reported. He claimed that a pattern has emerged eight or nine times since February where XRP rallies to a key resistance level before the U.S. stock market opens, only to drop sharply immediately after. Arthur noted that despite positive news, including multi-billion dollar mergers and acquisitions and ETF inflows, XRP remains roughly 44% below its recent high and faces strong selling pressure on every breakout attempt. While some interpret this activity as profit-taking and liquidity shifts coinciding with the U.S. market open, Arthur countered that the pattern is too precise and repetitive to be a coincidence.

The market capitalization of USDC has climbed to approximately $79.2 billion, nearing its all-time high of $80 billion, Cointelegraph reported. The stablecoin's circulating supply has expanded rapidly in recent weeks, driven by growing demand, particularly in the Middle East. Dubai-based analyst Rami Al-Hashimi suggested that fears of war are causing capital flight from the region, with investors shifting from traditional holdings to stablecoins. He added that a roughly 27% drop in Dubai real estate prices this month has further accelerated this shift to digital assets.

Former UK Prime Minister Boris Johnson stated on his social media that he has long suspected Bitcoin is a giant Ponzi scheme, adding that he is now hearing tragic stories that make him fear he was right. He outlined several issues with Bitcoin, including the absence of a central authority like a central bank, a lack of intrinsic value, its sole reliance on trust, and high costs such as complex fee structures.

Binance Wallet has announced that the participation limit for the Katana (KAT) Prime Sale is set at 3 BNB per user. Users will be able to claim a KAT Key on the BSC network after the pre-token generation event (Pre-TGE) phase concludes. The actual KAT tokens are scheduled to be airdropped to users' Binance Alpha accounts on the day of the token generation event (TGE).

Balaji Srinivasan, former chief technology officer at Coinbase, has called for the development of more crypto-based tools for refugees and stateless people. In a post on X (formerly Twitter), Srinivasan argued that the number of refugees and stateless individuals is unfortunately set to increase across all social classes. He described cryptocurrency as being inherently suited for crisis situations, noting that public blockchains are designed to resist data center attacks, hacking, and network shutdowns. Srinivasan added that stablecoins have already reached mass adoption in the crypto space and are having a tangible global impact, including new gold-backed stablecoins, and that more can be done to help.

Nasdaq-listed mining firm Bitdeer sold all the Bitcoin it mined this week. The company announced that it mined 158.8 BTC and subsequently sold the entire amount. Bitdeer has maintained its strategy of holding zero BTC since February.

Coinbase is in talks to acquire an equity stake in Bybit as part of a plan to facilitate the latter's entry into the U.S. market, Wu Blockchain reported. The deal would reportedly value Bybit at around $25 billion, a figure comparable to the valuation OKX received when it was backed by Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE). Bybit has not yet released an official statement on the matter.

Noted Silicon Valley investor and Bitcoin advocate Tim Draper predicted on a recent TV program that declining trust in fiat currency will ultimately drive businesses and consumers to Bitcoin. He argued that people will grow tired of watching the value of one dollar drop to 90 cents, then 80, and then 70, before eventually plummeting toward zero. Once that tipping point is reached, Draper continued, businesses will quickly reconsider their payment methods. He added that if he were a retailer, his first move would be to post a sign accepting Bitcoin.

U.S. House Financial Services Committee Chairman French Hill said in an interview with Fox Business that the proposed CLARITY Act will be key to resolving outstanding issues from the GENIUS Act. He emphasized that a bipartisan agreement has been reached on the principle that stablecoins should not pay interest. Hill added that ensuring equal treatment for both bank and non-bank issuers is a key goal, noting that detailed rules on interest payments will be addressed through regulations from the Treasury Department.

BlackRock, the world's largest asset manager, has outlined a cautious strategy for its crypto exchange-traded funds (ETFs), stating it will prioritize market maturity and fundamentals over complex or experimental structures. Robert Mitchnick, the firm's Head of Digital Assets, emphasized this approach while commenting on what he described as "exotic" products from other managers. The firm successfully launched its Staking Ethereum ETF (ETHB) on Thursday, attracting $43.5 million in its first day of trading. BlackRock is also preparing an income ETF that will use Bitcoin futures options to generate additional returns. Mitchnick added that investors in the BlackRock Bitcoin ETF (IBIT) have shown a strong tendency for long-term holding, often buying during market downturns.

U.S. spot Ethereum ETFs recorded $26.69 million in net inflows on March 13, their fourth consecutive day of positive flows, according to data from SoSoValue. - BlackRock's ETHA: +$32.39 million - Fidelity's FETH: -$7.86 million - Bitwise's ETHW: +$890,000

U.S. spot Bitcoin ETFs recorded approximately $180 million in net inflows on March 13, according to data from SoSoValue. This marks the fifth consecutive trading day of net inflows. - BlackRock's IBIT: +$144 million - Fidelity's FBTC: +$23.24 million - Bitwise's BITB: +$3 million - Ark Invest's ARKB: +$2.36 million

The Bitcoin network could survive the simultaneous failure of 72% to 92% of the world's subsea cables, according to an analysis of 11 years of network data by the Cambridge Centre for Alternative Finance. The study found the network is highly resilient to random accidents, noting that past large-scale outages impacted only 0.03% of global nodes. However, the network is vulnerable to targeted attacks on specific hosting providers or key points. An attack on the top five hosting companies—Hetzner, Amazon, and Google—could paralyze the network by eliminating just 5% of its capacity. The study also noted that the 64% of nodes using the TOR anonymity network paradoxically increase physical resilience due to Europe's dense network infrastructure.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $163.95 million liquidated (57.33% shorts) - ETH: $99.46 million liquidated (59.83% shorts) - TRUMP: $16.92 million liquidated (63.03% shorts)

Circle has launched Circle Skills, an open-source tool for building AI agents on its developer platform, the company announced on its official X account. The new tool integrates with AI agents to support functions such as stablecoin payments, cross-chain transfers, wallet operations, and smart contract logic.

Pharos, a Layer 1 blockchain specializing in financial infrastructure, announced it has secured an investment from Hong Kong-listed GLC New Energy. While the specific amount was not disclosed, the deal values Pharos at approximately $1 billion. Pharos plans to use the funding to focus on transitioning the real-world asset (RWA) market to an industrial commercialization phase. The two companies have also agreed to collaborate in areas such as tokenizing renewable energy assets, developing a decentralized energy trading system, and verifying carbon footprint tracking. Pharos aims to build a system connecting on-chain financial infrastructure with real-world energy infrastructure through its proprietary parallel execution architecture. The company was founded by former employees of Ant Group, China's largest fintech company, and is backed by global traditional finance investors including Hack VC and Faction VC.

Whale Alert reported that 3,146 BTC has been transferred from an unknown wallet to Galaxy Digital. The transaction is valued at about $223 million.

An address believed to belong to Blockchain Capital has deposited 216,000 AAVE, worth $24.8 million, to Coinbase Prime, according to on-chain monitor EmberCN. The monitor noted that a week ago, ParaFi Capital sold its AAVE holdings to purchase SKY. EmberCN added that Blockchain Capital has been a long-term AAVE holder, having acquired 233,000 AAVE at an average price of $94 between October 2020 and March 2023. The firm previously sold 16,900 AAVE in December 2024.

Ethereum founder Vitalik Buterin announced on X that the Ethereum Foundation (EF) has established operating principles centered on core values such as censorship resistance and privacy. He explained that Ethereum is a technology enabling technical self-sovereignty and non-coercive cooperation, adding that the foundation plans to act as a steward to protect and expand these values. The foundation will prioritize what it calls "CROPS"—Censorship Resistance, Capture Resistance, Open Source, Privacy, and Security—while also enhancing capabilities like scalability and account abstraction. Buterin emphasized that Ethereum will be more than just a blockchain project, serving as a final escape hatch to prevent the monopolization of internet space by specific individuals, groups, or ideologies.

Intellectual property (IP) development company PIP Labs has cut approximately 10% of its workforce to focus on its AI agent and IP infrastructure business, Decrypt reported. The reduction includes five full-time employees and three contractors. Although PIP Labs secured an $80 million investment at a $2 billion valuation in 2024, the price of its IP token has fallen 86% from its all-time high. The move is seen as a strategic shift toward AI-based services in response to the token's price decline and changing market conditions, the outlet added.

An anonymous whale address starting with 0x8E3 appears to have accumulated 80,219 ETH, worth $166.76 million, from Kraken over the past five days, Onchain Lens reported. The address withdrew 6,413 ETH ($13.42 million) from the exchange 10 hours ago and is holding the assets across multiple addresses. Withdrawals from exchanges are typically interpreted as a sign of intent to hold.

The Fear & Greed Index from cryptocurrency data provider Alternative rose one point from the previous day to 16. The index shifted from 'fear' to 'extreme fear' on Jan. 30 and has remained in that category ever since. A score closer to 0 indicates extreme fear in the market, while a score closer to 100 signifies extreme optimism. The Fear & Greed Index is calculated based on several factors: volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).

The price of XRP is struggling to recover despite a recent increase in network activity on the XRP Ledger (XRPL), CoinDesk reported. While the XRPL has seen a rise in daily transactions and automated market maker pools, XRP's price has fallen 26% since the beginning of the year. The report noted that XRP is primarily used as a bridge token for Ripple's stablecoin, RLUSD, and other tokenized assets, which fails to create long-term holding demand or scarcity. The XRPL's total value locked (TVL) stands at $47.54 million, a figure significantly lower than XRP's market capitalization. This suggests that XRP's market value relies more on speculative expectations than on-chain activity, the outlet explained. According to CoinMarketCap, XRP is currently trading at $1.39, up 0.94% over the past 24 hours.

Bitcoin is exhibiting a "shock and recovery" pattern following recent developments involving Iran, similar to its behavior during the Russia-Ukraine war, BeInCrypto reported. The outlet noted that both periods were characterized by an initial panic sell followed by a sharp rebound. This was succeeded by a phase of highly volatile sideways trading as the market adapted to geopolitical risks. Additionally, the Relative Strength Index (RSI) in both cases entered oversold territory before rebounding with strong momentum. However, the analysis suggests current market volatility is greater than during the Russia-Ukraine conflict, and capital flows appear more indicative of short-term trading than long-term accumulation. If this pattern persists, Bitcoin is more likely to rise amid sustained volatility rather than experience a sharp decline, BeInCrypto explained.