Author: AltCoinDrops.com
Kraken’s Parent Payward Backs White House AI Framework to Strengthen U.S. Financial Infrastructure
TLDR: Payward supports the White House AI framework to establish a clear, consistent federal AI policy across the U.S. Co-CEO Arjun Sethi warns that regulatory fragmentation becomes a chokepoint on deployment and capital allocation. Kraken backed the framework on X, stating AI will shape the next generation of financial and economic infrastructure. Payward sees the national AI framework as essential for leading AI-powered finance, tokenized assets, and digital infrastructure. A national AI framework released by the White House has gained strong support from Payward, Kraken’s parent company. The firm called for clarity, consistency, and U.S. competitiveness in federal AI governance.…
The Algorand Foundation on Wednesday joined the ranks of crypto firms slashing headcount, losing 25% of its fewer than 200 employees and citing “the uncertain global macro environment” and a broader crypto downturn.The cuts arrived as a wave of layoffs proliferates across the industry. In February, Gemini Space Station (GEMI) said it would eliminate roughly 200 positions, about a quarter of its staff, a figure that had grown to 30% by mid-March. On Thursday, Crypto.com said it is trimming 12%, about 180 roles. That’s on top of 20 employees who got the chop at OP Labs, the company building layer-2…
Quantitative easing drives strong capital inflows into crypto. However, the mechanism unfolds gradually. As liquidity enters the system, investor risk appetite increases. Over time, investors move more capital to risk assets, which is why the full impact is typically seen in the long term. In this context, the Federal Reserve’s latest $15 billion Treasury buyback triggered a strong market reaction. This is particularly because it marked the largest buyback in history and quickly prompted analysts to speculate about its potential impact on cryptocurrencies. Source: TradingView (TOTAL/USDT) However, this buyback is only a small part of the Fed’s liquidity operations. According to The…
Bitcoin options signal extreme fear as downside protection premium hits new all-time high, says VanEck
Bitcoin traders are paying record prices for downside protection, according to VanEck’s mid-March 2026 Bitcoin ChainCheck, a sign that investors remain defensive even as spot prices begin to stabilize.In the report, senior VanEck analysts said bitcoin’s 30-day average price fell 19% from the prior period, while realized volatility dropped from about 80 to just above 50.Futures funding rates also eased to 2.7% from 4.1%, suggesting leveraged speculation has cooled.Options markets show investors are as cautious as it gets. VanEck said the put/call open interest ratio averaged 0.77 and peaked at 0.84, the highest level since June 2021, when China cracked…
While ETF outflows grabbed attention, about $13b quietly moved into crypto via OTC, prime brokerage, and private funds, showing institutional demand runs deeper than ETF dashboards. Summary A Daily Chain briefing highlights roughly $13b in capital flowing into crypto this week via prime brokers, OTC desks, structured products, and private vehicles that never show up in ETF flow reports. Finery Markets data show institutional crypto spot OTC volumes jumped 109% year-over-year in 2025, far outpacing the 9% growth in top-20 CEX spot trading as large players favor discreet block execution. BlackRock’s recent $140m transfer of 47,728 ETH and 544 BTC…
The crypto market is staging a notable relief rally today, with Bitcoin price bouncing from its post-FOMC lows to $71,000. Ethereum, XRP, Solana, and other altcoins hold further losses after a turbulent week dominated by macro headwinds. The crypto market cap also bounces back to $2.42 trillion, with support from derivatives traders despite extreme fear sentiment. While Bitcoin is holding key levels, an expert claims altcoins are signaling an advance to create a positioning mismatch that risks repeated stop-outs for dip buyers. Bitcoin, Crypto Market Rise Amid Options Expiry Dynamics Crypto market bounces and Bitcoin price jumped above $71,333 today…
Gold slides below $4.5k, crypto is bleeding, and “store of value” myths are cracking
Gold has slipped from above $5,200 while crypto bleeds and silver dumps, exposing “store of value” as a question of volatility, leverage and time horizon, not memes. Summary Gold has dropped about 10–15% from its early‑March spike above $5,200 to around $4,560, but remains structurally elevated and keeps finding dip buyers near the mid‑$4,500s. Silver has been hit harder, sliding roughly 20% this month back toward the low‑$70s per ounce, underscoring its role as the high‑beta “altcoin” of the metals complex. Crypto is mirroring the direction with more violence: BTC stuck in the high‑$60,000s to low‑$70,000s, total market cap around…
One of crypto’s best-known early figures appears to be buying back into Ethereum in size, and the timing is turning heads. X’s trending summary says Erik Voorhees acquired 23,393 ETH at around $2,098 per token across two wallets, pushing his total holdings to about 25,000 ETH worth roughly $56 million. The trend summary attributes the onchain tracking to Arkham Intelligence and Lookonchain. That move matters because Voorhees is not just another whale. He is one of the most recognizable veterans from crypto’s earlier cycles, and he is returning to ETH after previously selling 12,886 ETH above $3,300 last year, according…
After covering an Iranian missile launch, a military journalist received death threats since his article prevented bettors from receiving a reward. Prediction markets and their increasing role in turning political unrest, war, and death into gambling opportunities have come to light as a result of the occurrence. Emanuel Fabian, a military reporter for the Times of Israel, found himself at the center of a harassment campaign after he wrote about an Iranian ballistic missile that struck near the town of Beit Shemesh on March 10. Bettors on the platform Polymarket had money riding on whether Iran would carry out such…
Ripple Strengthens Brazil Footprint with Payments, Custody, and RLUSD Expansion
TLDR: Ripple integrates payments, custody, and treasury solutions for Brazilian institutional clients RLUSD stablecoin exceeds $1.5B market cap, adopted by major Brazilian fintechs and exchanges Ripple Payments scales cross-border settlement across Brazil, enhancing USD and stablecoin flows Ripple plans VASP license application, reinforcing compliance in Brazil’s digital asset market Ripple Brazil is entering a new phase as the company expands its institutional financial services across the country. The March 17 announcement outlines broader product integration, rising adoption, and regulatory alignment. Ripple confirmed plans to apply for a Virtual Asset Service Provider license with Brazil’s central bank. The move positions the…
