Australian Senate Committee Backs Major Crypto Regulation Bill

Bitcoin’s 4% drop in 12 hours looks painful – Here’s why it could be opposite

Bitcoin's recent 4% price drop to $68.2k triggered $111.4 million in long liquidations, potentially influenced by US-Iran tensions. Despite the decline, analysis suggests the dip may present a buying opportunity. Key factors include the underestimated potential impact of Morgan Stanley's Spot Bitcoin ETF and a 10.2% drop in hash rate indicating miner stress but not significant selling. Technical charts show a bearish swing structure but bullish internal momentum, with projections indicating a possible rally toward $78.4k-$89.8k. A bullish RSI divergence and Fibonacci golden pocket support this outlook. However, a drop below $65.6k would invalidate the bullish scenario.

ambcrypto11 min fa

All Roads Lead Back To Bitcoin: Analyst Shares Something Crypto Investors Should Know

bitcoinist1 h fa

Bitcoin slips below $70K, but is BTC’s $45K crash call overblown?

Bitcoin recently declined below $70,000, influenced by rising geopolitical tensions and shifting political narratives, including U.S. policy changes regarding Iran. While some predictions on Polymarket suggest a potential crash to $45,000, deeper analysis indicates stronger confidence in Bitcoin reaching the $75,000–$80,000 range, with solid support expected around $55,000. Market analysts view the correction as a typical post-halving reset rather than a major crash, noting significant institutional buy support near $55,000. Despite short-term volatility and “Extreme Fear” in sentiment indicators, Bitcoin’s dominance remains high at around 58.76%, and ETF outflows are decreasing, suggesting potential stabilization. The market is likely to remain uncertain until Bitcoin decisively breaks above $74,000 or stabilizes near $65,000.

ambcrypto2 h fa

Dogecoin Becomes The Next Target For Qubic’s Compute Network — Here’s Why

Dogecoin is entering a new phase as it becomes the latest focus for Qubic, a project aiming to use blockchain networks for distributed computation. This signals a potential shift from its meme-coin identity toward a role in compute-based ecosystems. Qubic, which previously demonstrated its capability by dominating over 51% of Monero's hashrate and generating significant mining revenue, is now applying the same strategy to Dogecoin at a much larger scale. Dogecoin’s daily emissions are roughly 10 times those of Monero, representing a substantially bigger economic opportunity. Key milestones include the launch of Dogecoin mining on April 1st, a mainnet release scheduled for April 2nd, and accelerated network growth with tick speeds nearly doubled and guardian nodes surging. Additionally, Qubic is making progress in AI research with multiple academic papers accepted for major conferences. From a market perspective, analysts highlight a massive bullish pennant forming on Dogecoin’s monthly chart—a pattern that could define its long-term trajectory over the next several decades.

bitcoinist2 h fa

Turning 200,000 into Nearly 100 Million: DeFi Stablecoin Attacked Again

DeFi stablecoin protocol Resolv Labs was exploited, resulting in a hacker minting 80 million USR tokens using only 200,000 USDC. The attacker’s address (starting with 0x04A2) first created 50 million USR with 100,000 USDC, and later minted another 30 million with an additional 100,000 USDC. This caused USR to depeg, dropping to around $0.25 before partially recovering to approximately $0.80. The incident also impacted related lending markets on Morpho and Lista DAO, which paused new borrowing requests. Additionally, RLP token holders, including Stream Finance—which holds over 13 million RLP tokens—face significant exposure, with estimated losses around $17 million. Initial analysis by DeFi community YAM suggests the exploit occurred because the protocol’s SERVICE_ROLE, which provides minting parameters, was compromised. The system fully trusted this role’s input without on-chain verification or minting limits, allowing the attacker to manipulate the mint amount. The project’s emergency response was also slow, taking nearly three hours to pause the protocol due to multi-signature delays. This attack highlights critical vulnerabilities in off-chain role trust and emergency mechanisms within DeFi protocols.

marsbit2 h fa