Coindesk

Bitcoin (BTC) bears looked to penetrate key support Sunday, extending a three-day losing streak as macroeconomic concerns overshadowed President Donald Trump's recent-crypto-related announcements.The leading cryptocurrency by market value slipped over 3% to $83,200, testing the 200-day simple moving average (SMA), according to CoinDesk and TradingView data. Prices have dropped over 10% since putting highs above $92,800 Thursday.The latest decline comes as trade tensions between the U.S. and China are set to escalate on Monday. Beijing will levy tariffs on certain U.S. agricultural goods in retaliation for President Donald Trump's latest hike on Chinese imports. The tariff war has injected significant uncertainty in the market and for policymakers.On Friday, Federal Reserve Chairman Jerome Powell reaffirmed that the central bank will maintain...

Blockchain analytics firm Arkham Intelligence has launched a new tagging system on its platform, allowing users to track cryptocurrency transactions of influential figures in the cryptocurrency space.The feature, announced via a post on X, applies to those with more than 100,000 followers on the microblogging platform, labeling them as "key opinion leaders" or KOLs and linking their associated wallet addresses.The new tag currently features 950 addresses. Among those identified are Ethereum co-founder Vitalik Buterin, crypto entrepreneur Justin Sun, Binance founder and former CEO Changpeng Zhao, Yearn Finance and Sonic Labs co-founder Andre Cronje, and U.S. President Donald Trump.Source link

Brazil’s state-owned postal service, Empresa Brasileira de Correios e Telégrafos, has launched a pre-selection process for companies and specialists in blockchain and artificial intelligence (AI) to develop solutions for its logistics and operational management. The tender, published in the country’s official journal Diário Oficial da União on Friday, seeks proposals that support the digital transformation of the agency's services. The initiative, called Licitação Seleção Prévia e Diálogo nº 25000001/2025 CS, is focused on finding advanced technological solutions to modernize business processes, operations, and internal supply management. “We want to promote a collaborative and dynamic process to find artificial intelligence and blockchain solutions for our business, operations, and hiring challenges,” the company announced. The organization did not specify the exact use cases it is...

Volatility Shares, an asset manager known for launching innovative exchange-traded funds (ETFs), has filed for three new products centered on XRP. These include a spot XRP ETF, a 2x leveraged XRP ETF and an inverse -1x XRP ETF.The spot XRP ETF is designed to track the price of the cryptocurrency directly, while the 2x XRP ETF aims to amplify daily price movements by a factor of two. The -1x XRP ETF offers investors a way to bet against XRP’s price, reflecting the reverse of its daily performance. This latest move comes as expectations rise for regulatory approval of a spot XRP ETF. Traders on Polymarket are currently weighing a 77% chance that a spot XRP ETF will receive approval this year....

A $150 million theft targeting Ripple co-founder Chris Larsen has been traced back to a security lapse involving the password manager LastPass, according to a forfeiture complaint filed by U.S. law enforcement on March 6 flagged by blockchain sleuth ZachXBT.ZachXBT shared that the complaint detailed how Larsen’s private keys — or code to access one’s token holdings — were stored in LastPass, the widely used password manager that suffered a major breach in 2022.At the time, hackers stole source code and technical data by compromising a developer's account. By November of that year, they used this access to infiltrate a cloud storage system, stealing encrypted customer password vaults and unencrypted metadata for an estimated 25 million users.Although ‘vaults’ were encrypted,...