Brazil allows early sale of seized cryptocurrencies...to be used for police operation funds
Brazil enacted law number 15,358, granting courts the authority to freeze, seize, and liquidate cryptocurrencies linked to criminal organizations even before a final judgment in the investigation process.
The proceeds from asset sales are used for police equipment, training, intelligence gathering, special operations, etc., through federal and state public security funds.
President Luiz Inácio Lula da Silva signed this bill known as the so-called 'Anti-Gang Law' or 'Hawl Jungmang Law', which targets organized crime groups including PCC and Comando Vermelho.
Turkey withdraws cryptocurrency tax provisions from the comprehensive bill amid opposition backlash
The Turkish parliament, after last-minute negotiations between ruling and opposition lawmakers, withdrew the cryptocurrency tax provisions from the comprehensive legislative package.
The deleted provision imposed a 0.03% transaction tax on cryptocurrency transactions through regulated service providers and a 10% withholding on capital gains quarterly.
Vice Chairman Celal Adan presided over the session that agreed to remove cryptocurrency tax measures ahead of the official discussion on the comprehensive bill. This bill also includes defense spending and broader economic regulations.
Reasons why Canada banned the use of cryptocurrency donations that have never been used
Canada introduced Bill C-25, which bans cryptocurrency donations to parties, candidates, and third-party advertisers across the federal electoral system.
This ban addresses issues that government officials describe as transparency issues, but there have been no reported cases since cryptocurrency political donations were allowed in 2019.
The ‘Strong and Free Elections Act’ classifies cryptocurrency as a 'hard-to-trace' funding method along with money orders and prepaid payment methods.
BNP Paribas offers Bitcoin and Ethereum ETNs for French retail investors
BNP Paribas announced that starting from March 30, it will offer 6 exchange-traded notes (ETNs) linked to Bitcoin (BTC) and Ethereum (ETH) for French retail clients.
These products are designed to provide indirect exposure to cryptocurrency price fluctuations through unsecured debt securities issued by third-party asset management companies.
France's largest bank, BNP Paribas, stated that the ETNs comply with MiFID II investor protection regulations and described them as compliant products.
GameStop disclosed in this week's annual SEC filing that it has provided 4,709 of its 4,710 Bitcoin (BTC) as collateral for an over-the-counter covered call strategy to Coinbase Credit, clarifying that this is not a spot sale.
This measure reclassified the Bitcoin holdings as accounts receivable of digital assets on the balance sheet amounting to $368.3 million.
The company recorded a net loss of $131.6 million in its cryptocurrency holdings for the fiscal year 2025.
Nodus Bank CEO pleads guilty to $24.9 million fraud and evading Venezuela sanctions
Thomas Niembro Concha, the former CEO of Nodus International Bank, pleaded guilty on March 19 to charges of embezzling at least $24.9 million from the Puerto Rico-based institution and conspiring to evade U.S. sanctions against Venezuela.
The 64-year-old resident of Miami faces up to 40 years in prison on two charges and has agreed to forfeit at least $16.9 million.
Warren demands clarification regarding the Bitmain investigation involving the Trump family
Senator Elizabeth Warren sent a letter to Secretary of Commerce Howard Lutnick requesting the submission of documents related to **Bitmain Technologies Ltd.**, a Beijing-based Bitcoin (BTC) mining equipment manufacturer. Bitmain is under federal investigation due to potential national security risks.
This investigation was conducted following the purchase of mining equipment worth $314 million by American Bitcoin, a mining company supported by President Donald Trump's sons.
Morgan Stanley submitted a revised S-1 registration document on March 27, proposing an annual fee of 0.14% for its Bitcoin spot ETF. This is lower than all existing competitive products in the United States.
This fee is 0.25% lower than the **BlackRock** iShares Bitcoin Trust, which charges 11bp (0.11 percentage points), and the fund currently has net assets of $51.49 billion.
With this filing, Morgan Stanley now has the lowest fee structure in the $84 billion Bitcoin spot ETF market.
Cardano Midnight secures a £250 million deal with UK bank… ADA falls 91% from peak trading
**Monument Bank** is a UK lending institution regulated by the Bank of England (BoE), which announced its intention to tokenize retail deposits of up to £250 million ($335 million) on the privacy-focused Cardano sidechain Midnight (NIGHT). The sidechain is based on Cardano's native token ADA (ADA).
This move marks the first instance of a UK-regulated bank tokenizing retail deposits on a public blockchain while maintaining deposit insurance protection.
Ripple (XRP) announced an AI-based security program for the XRP Ledger, and a dedicated red team has already identified over 10 bugs in the blockchain codebase.
The next XRPL software release will focus solely on bug fixes and improvements without adding new features.
RippleX Engineering Lead **Ayo Akinyele** explained in a blog post how to integrate machine learning tools throughout the entire protocol development lifecycle.
Bitcoin ETF records weekly net outflow of $296 million
The spot Bitcoin (BTC) exchange-traded fund (ETF) recorded a total net outflow of $296.18 million during the week ending March 28, reversing the trend of $2.2 billion that had flowed in over the previous four weeks.
On that Friday alone, $225.62 million flowed out, marking the largest daily redemption volume since March 3.
**BlackRock**'s iShares Bitcoin Trust led the fund outflows on Friday, with $206.6 million flowing out, while Bitwise and Ark Invest funds had net outflows of $18.6 million and $5.35 million, respectively.
Some altcoins surged over 140%, but the altcoin season index is still below 35
Microcap tokens NKN, GIZA, and XTER surged from 54% to 144% on March 27, showing a trend of individual investors rotating into low liquidity altcoins.
The trading volume of NKN alone is only $13.9 million, making it the 812th token by market cap, yet it surged 637% to record $24.1 million.
This surge occurred in a market environment dominated by Bitcoin (BTC), and the CMC altcoin season index remains at 34 out of 100, significantly below the benchmark of 75 that defines an altcoin season.
Kalshi value surpasses $22 billion as the parent company of the New York Stock Exchange invests $1.6 billion in Polymarket
**Intercontinental Exchange (ICE)** completed an additional investment of $600 million in **Polymarket** on March 27, increasing its total equity value to $1.6 billion and fulfilling the commitment made in October 2025.
ICE, the parent company of the New York Stock Exchange (NYSE), also plans to purchase up to $40 million worth of securities from existing holders.
This transaction values Polymarket at approximately $9 billion, which is somewhat lower than its competitor **Kalshi**, which raised $1 billion earlier this month and was valued at $22 billion.
Ark Invest reduces tech stock holdings by $84 million and cuts Bitcoin ETF holdings to $100 million
Cathie Wood's **Ark Invest** sold approximately $84 million worth of tech stocks on March 26, a significant portion of which was in **Meta Platforms** and Nvidia stocks.
The company also reduced its Bitcoin (BTC) exposure by about $11.2 million in its own spot ETF, decreasing its Bitcoin allocation.
According to mandatory daily trading disclosures, Ark sold 76,622 shares of Meta through three exchange-traded funds (ETFs), with a sale amount ranging from $42 million to $45.6 million.
Peter Brandt warns of a sell signal from the rising wedge as Bitcoin falls to $66,000
Bitcoin (BTC) fell by 4% on March 27, dropping to $66,587, marking the lowest level in two weeks. This movement follows veteran trader Peter Brandt confirming a rising wedge pattern that suggests Bitcoin could slide toward the $60,000 mark.
This decline has occurred amid escalating geopolitical tensions in the Middle East. Oil prices are rising, and risk assets are under pressure in global markets.
Brandt presented a rising wedge, a technical pattern typically associated with downward reversals, in a chart analysis posted on X.
Analysts divided on Dogecoin's next move after retesting the $0.090 support level
Dogecoin (DOGE) tested the support level of $0.090 again on Thursday, and analysts' opinions are still divided on whether this meme coin has bottomed out or is heading for much lower prices.
DOGE macro downtrend
Notable market analyst Rekt Capital recently pointed out in a post that the price correction of Dogecoin is far from over. He stated that DOGE fell below the upward support line that had been maintained since early 2023 at the closing of November's monthly candle, losing the macro uptrend that had persisted for years.
Yellow Returns Millions to Investors — Is This the Beginning of the Crypto 'Post-VC' Era?
The crypto infrastructure project Yellow announced that it refunded over $8 million to initial investors on Friday, while building a decentralized clearing and payment network for digital asset trading. This action signifies a break from the venture capital (VC) centered funding model that has dominated the digital asset industry.
According to a decision made public by co-founder Alexis Sirkia, the project returned most of the external VC capital and retained only a few investors deemed consistent with its long-term development direction.
Peter Schiff criticizes Coinbase's Bitcoin-backed mortgage as a "terrible idea"
Better and Coinbase have launched a mortgage product that allows home buyers to use Bitcoin (BTC) as collateral for their down payment. Gold advocate Peter Schiff strongly criticized this structure, arguing that it shifts the risk to lenders and could easily collapse if prices fall.
Better and Coinbase launch Bitcoin-backed mortgage
On March 26, the two companies announced a partnership to offer mortgages linked to Fannie Mae standards and secured by digital assets. According to the press release, borrowers can use their Bitcoin or USDC (USDC) holdings as collateral without having to sell or trigger a taxable event.
White House approves rule allowing cryptocurrency in 401(k)
The U.S. federal regulatory authority approved on March 24 a Department of Labor (DOL) rule that could introduce cryptocurrency into the $10 trillion 401(k) market, completing a key step in the White House review process.
DOL rule, OIRA review passed
The Office of Information and Regulatory Affairs (OIRA) under the White House completed its review of the DOL proposed rule on March 24. The official title of this rule is “Fiduciary Duties in Selecting Designated Investment Alternatives,” which aims to amend fiduciary guidance for plans subject to the Employee Retirement Income Security Act (ERISA).
Solana Stays at $88 Resistance After Sharp Decline
After Solana (SOL) failed to hold above the $93 support, it slid below $88, and the hourly chart indicators have turned bearish, with traders watching the $85 support level as the last line of defense against further declines.
SOL price drop
This token has broken below both the $90 and $88 support levels, following the overall bearish trend of Bitcoin (BTC) and Ethereum (ETH). The selling pressure has dragged SOL down to $85.42.
The current price is trading below the 100-hour simple moving average.