News
7 Mar 2026, 22:30
Binance Pushes Back on Senate Inquiry, Calls Allegations ‘False and Defamatory’ in Formal Response

Binance pushes back against U.S. scrutiny, outlining a sweeping compliance system, thousands of law-enforcement collaborations, and aggressive monitoring tools as it challenges allegations that the world’s largest crypto exchange failed to police illicit activity. Binance Counters Congressional Concerns, Says Investigations Triggered Account Removals and Risk Controls Crypto exchange Binance issued a formal response to a
7 Mar 2026, 22:26
AI Agents Have Already Chosen Their Money: Bitcoin

A study of AI models found they overwhelmingly prefer bitcoin over fiat. The agentic economy is here, and it has already discovered the value of sound digital money.
7 Mar 2026, 22:00
Analysts Predict Conservative XRP Price If It Follows 2017 Run

XRP is at the center of ultra-bullish calls after two crypto commentators pointed to a 2017-style fractal as the basis for a major breakout. The latest discussion started with analyst CryptoBull, who predicted that the XRP price is on track for $10 to $11 by the end of March if its price action continues to follow its 2017 structure. That outlook then led to a much bigger response from Remi Relief, who said his own conservative target for this cycle is four digits between $1,200 and $1,700. Related Reading: Solana Stablecoins Hit $650 Billion In Monthly Transactions CryptoBull’s Fractal Call To Double Digits CryptoBull’s prediction is built around a familiar XRP talking point: that the cryptocurrency is tracing a structure similar to its 2017 breakout. A 2017 comparison is one of the strongest bullish narratives available for the crypto because it points to the one period in XRP’s history when price moved from relative quiet into a parabolic run in a short time period. In his technical analysis, CryptoBull said he now believes XRP is following the 2017 fractal and that this setup could take the cryptocurrency to $10-$11 by the end of March, adding that he expected six more days sideways before a push higher. The chart attached to that post shows XRP moving through a flat, compressed range under a horizontal resistance zone on the daily candlestick chart, with the green fractal path projecting a rally once that resistance is broken. The structure is simple enough to explain: long consolidation, breakout through resistance, brief pause, then a vertical continuation. In other words, the chart is not presenting a slow grind upward like you might expect considering XRP’s recent price action. It is presenting a replay of XRP’s most explosive behavior back in 2017. XRP Price Chart. Source: @CryptoBull2020 On X Remi Relief Takes The Same Setup To An Extreme Remi Relief took that same broad idea and pushed it far above CryptoBull’s target. In his response, he said that in 2024 he had already stated XRP would follow the 2017 run and go to $1,200 conservatively in this cycle. The move was delayed, although this is something he warned about back in June 2025 and after revising his thinking, his target range became $1,200 to $1,700. CryptoBull’s $10 to $11 call is already a massive move from current levels, but it still sits within the realm of numbers that are possible based on XRP’s current circulating supply. A $10 price would imply a market capitalization of about $610 billion, and $11 would imply about $671 billion. On the other hand, a move to $1,200 would imply about $73.2 trillion, while $1,700 would imply about $103.7 trillion in market cap. Related Reading: SEC Vs. Justin Sun Case Ends In $10M Settlement, Traders Eye TRX Price Reaction The real significance of these predictions may not be whether XRP actually reaches four-digit prices. It may be what they say about sentiment among XRP traders right now. At the time of writing, XRP is trading around $1.37, with an intraday range of $1.35 to $1.41. This shows that the cryptocurrency is far below the predicted price levels. However, there are many traders with an ultra-bullish bias who are still willing to rally around any setup that resembles 2017. Featured image from Shutterstock, chart from TradingView
7 Mar 2026, 21:30
Crypto Gets A Boost In Trump’s New National Cyber Strategy

US President Donald Trump’s new national cyber strategy names cryptocurrency and blockchain once and frames them as technologies the government must “protect and secure,” while also directing agencies to disrupt criminal uses that ride on those systems. Mention Is Short And Specific The strategy does not make crypto a central pillar. Instead, it tucks a single reference to crypto and blockchain into a broader goal about hardening technologies and supply chains. According to the White House document, the priority is defensive: bolster security around these systems and reduce the ability of bad actors to use crypto to launder money or flee enforcement. That single line has industry watchers talking. Reports indicate some see value in the explicit recognition — it brings blockchain into federal cyber planning for the first time. the white house just released “President Trump’s Cyber Strategy for America” 7 pages, 6 pillars, heavy on offense and deterrence rhetoric, light on implementation details here’s what matters for crypto, privacy, quantum, cybercrime, and federal power. thread — Alex Thorn (@intangiblecoins) March 7, 2026 Reports say others worry the same language could be used to justify heavier enforcement against services and tools the government labels criminal infrastructure. What Industry Leaders Are Pointing Out Private-sector voices emphasized symbolism over substance. Based on reports, executives and investors welcome the mention because it signals attention from high levels of government. They also caution that naming is not the same as creating favorable rules for market activity or investment. This just happened and it’s SUPER bullish for Crypto. The White House just released President Trump’s new Cyber Strategy for America The report directly positions cryptocurrency and blockchain as strategic technologies the U.S. must secure and lead globally. Key highlights:… pic.twitter.com/PhfQOaTAwa — Mark (@markchadwickx) March 6, 2026 The strategy pairs crypto with other priorities like AI, quantum readiness, and federal IT modernization. Officials wrote that securing federal networks and critical systems remains the top aim, and crypto is folded into that security mission. The document also instructs agencies to disrupt criminal networks, a line that could be read as permission for tougher action against cryptocurrency-enabled illicit finance. Possible Effects On Parts Of The Market Short term, the practical impact may be limited. Agencies will likely interpret the language in line with existing enforcement priorities, which focus on mixers, certain privacy-preserving protocols, and unregulated on- and off-ramps. Market participants that depend on regulatory clarity say they want more specific guidance from financial regulators and Congress rather than a cybersecurity statement. Still, naming crypto in the national strategy could shift internal priorities. Agencies that formerly treated blockchain as a niche issue may now fold it into procurement and threat programs. That change could mean more federal resources spent on monitoring and securing blockchain-linked infrastructure, and on partnerships with industry for incident response. Where This Leaves Policy And Markets The mention is a step toward formal acknowledgment, not a policy overhaul. Data shows legal and regulatory pressure on crypto remains driven by financial crime concerns and investor protection goals. Officials who favor a stricter approach have language they can point to; those who want to help the industry argue the recognition opens a door to cooperative security programs. For now, the statement is short and precise. It moves crypto from the margins into the official cyber playbook. How agencies act on that line will determine whether the moment becomes meaningful for innovation, enforcement, or both. Featured image from Getty Images, chart from TradingView
7 Mar 2026, 21:20
Bitcoin ETFs saw $348M in outflows on March 6, the biggest since Feb 14

The fresh, sharp withdrawals from US crypto exchange-traded funds (ETFs) have revived concerns that Bitcoin’s rebound rally might just fade out now. However, some traders are signalling that the rally could prove to be a short-lived bull trap. BTC ETFs recorded a sell-off for the second consecutive day. More than $348 million flew out from these funds on March 6. It also turned out to be the largest daily withdrawal since Feb 14. SoSoValue data shows that Fidelity’s CBOE was the biggest loser. It lost about $159 million in a single session. BlackRock’s IBIT stood 2nd on the tally with more than $143 million in outflows. BTC down 22% YTD Bitcoin price dropped by almost 2% over the last 24 hours. BTC is trading down by around 22% since the beginning of the year. The cumulative crypto market cap dipped marginally on Friday night. It is hovering at the $2.32 trillion mark. Amid all this, the Fear and Greed index is depicting “Extreme Fear” among investors. Ether ETFs were caught following a similar pattern. They posted $82.9 million in net withdrawals on the same day. Fidelity’s FETH bled $67.6 million while Grayscale’s ETH lost $6 million. A day prior, on March 5, these funds recorded a $90 million sell-off. This comes in when the outflows saw a short reversal in ETF demand earlier in the week. Bitcoin ETFs had bagged $458 million in inflows on March 2, while March 3 knocked $225 million on March 3. $461 million of inflow landed on March 4. The streak ended on March 5 when the ETFs logged $227.9 million in withdrawals. We’re witnessing the complete collapse of Bitcoin ETFs, which were once the most talked-about topic. ETF outflows are accelerating, reaching -$348.9M, the largest outflow in several weeks. Fidelity led with -$158.5M, followed by BlackRock with -$143.5M. What goes up must come… pic.twitter.com/k3FeiyNWTd — Jacob King (@JacobKinge) March 7, 2026 Binance, in a post , reported its proof-of-reserves report. It showed BTC balances on the platform fell by about 8,004 BTC month over month. Its user holdings now stand at roughly 631,000 BTC. Ethereum balances have even more declined. It dropped 7.35% to around 3.87 million coins. Altseason hype fading away? Falling exchange reserves are often seen as a sign that investors are moving assets into cold storage. It hints that they are not preparing for sale. This trend comes in with weaker momentum across the crypto market. CMC’s altcoin index is far, far away from indicating Altcoin Season anytime soon. Altcoins have struggled a lot to regain traction. Santiment reported that social media mentions of “altseason” have dropped 78% from their 2024 peak. It is now at its lowest level in more than two years. The biggest altcoin, Ether, is down by more than 60% from its all time high. Other major tokens like Solana and Cardano remain down between 70% and 90% from previous highs. The biggest meme coin, Dogecoin, is down by over 87% from its ATH of $0.73, recorded on May 8, 2021. Shiba Inu has nose dived by almost 94% from its high. Macro conditions are continuing to shape market behavior. Recent US and Israeli strikes on Iranian targets have caused tensions. It has pushed Bitcoin lower before derivatives-driven buying helped it to lift the market. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
7 Mar 2026, 21:18
Crypto Investor Says Attackers Stole $24M in Violent Robbery

A crypto holder known online as Sillytuna said on March 5 that attackers stole about $24 million worth of tokens after threatening him with violence during a real-world robbery. The incident has renewed concern about so-called “wrench attacks,” a form of crime where perpetrators use physical threats to force victims to hand over control of their crypto wallets instead of attempting to hack them. Victim Describes Violent Coercion In several posts on X, Sillytuna said the theft involved armed attackers who threatened severe violence unless he transferred control of his holdings. He wrote that the group used weapons and issued threats of kidnapping and sexual assault, adding that police in the United Kingdom were already involved. “$24 million dollar theft of AUSD from 0x6fe0fab2164d8e0d03ad6a628e2af78624060322 Involved violence, weapons, kidnap and rape threats. Obvs police involved,” he tweeted. Blockchain analytics platforms soon began tracking the movement of the stolen assets, with Arkham sharing data showing the attackers taking about $23.6 million in aEthUSDC linked to an address associated with Sillytuna. The firm’s analysis established that most of the funds were quickly converted into other tokens and spread across several wallets. About $20 million was swapped into DAI and placed in two Ethereum addresses. The attackers also bridged smaller portions of the funds to other networks. Roughly $2.48 million was transferred to the Arbitrum network, where the funds were routed through multiple Wagyu accounts. Those accounts were then used to purchase Monero, a privacy-focused cryptocurrency that makes transaction tracing significantly more difficult. Arkham also reported that approximately $1.1 million was moved to the Bitcoin network through a bridging service, with part of that amount potentially sent to a mixing service. Security firm PeckShield initially described the incident as a possible address-poisoning attack, but Sillytuna rejected that explanation, insisting that the funds were taken through direct physical intimidation rather than a wallet exploit. The victim offered a 10% bounty for any funds recovered, even if returned by the perpetrators themselves. Additionally, he asked exchanges and blockchain investigators to help block or trace the transfers. Community Tracking Effort Soon after Sillytuna shared his ordeal, members of the crypto community began examining the transactions in detail, with security researcher Tay Vano flagging multiple addresses connected to the theft and confirming that Wagyu was being used to launder funds to the privacy coin Monero. PerpetualCow, the developer behind Wagyu, later responded, saying that the platform does not freeze user funds as a matter of policy. However, they claimed they would have stopped the transactions from going through in the first place, but they had been asleep when the transfers happened. Nevertheless, they pointed out that compliance systems eventually flagged the suspicious transactions, preventing additional transfers from passing through. While some members of the community focused on tracing the stolen funds, others reacted in different ways. For example, a group within the Solana ecosystem launched a meme token linked to Sillytuna’s name and said trading fees would be directed toward helping offset the losses. Sillytuna’s case is not an isolated event but part of a documented increase in wrench attacks. Some of the more well-known incidents include the January 2025 kidnapping of Ledger co-founder David Balland from his home in France, with attackers severing one of his fingers to pressure associates into paying a ransom. In another case, a U.S. resident visiting London was drugged and lost approximately $122,000 in crypto after being tricked into smoking a cigarette laced with scopolamine. The post Crypto Investor Says Attackers Stole $24M in Violent Robbery appeared first on CryptoPotato .












































