News
31 Mar 2026, 15:25
Nakamoto Shares Hit New Low After Bitcoin Treasury Firm Sells Off BTC

Shares in publicly traded Bitcoin treasury Nakamoto (NAKA) hit a new low after the firm announced it sold around $20 million of BTC.
31 Mar 2026, 14:28
US Opens $10T Retirement Market to Crypto: Can Bitcoin (BTC) Really Benefit?

The U.S. Labor Department has moved one step closer to widening retirement-plan access to Bitcoin-linked investments. U.S. 401(k) plans held about $10.1 trillion at the end of 2025, so even a small change in portfolio rules could matter for crypto demand. The proposal gives fiduciaries a clearer path to consider alternative assets, including digital-asset exposure, if they follow a documented review process. That leaves Bitcoin with a possible new source of long-term demand, but the size of that benefit will depend on adoption speed, product design, and plan sponsor appetite. U.S. Labor Rule Change Creates a Path for Bitcoin This proposal follows President Donald Trump’s August 7, 2025 executive order on alternative assets in 401(k) plans. The Labor Department’s May 2025 decision to rescind 2022 guidance that had told fiduciaries to use extreme care before adding crypto to plan menus. In the new proposed rule, the department sets out a process-based safe harbor tied to six factors: performance, fees, liquidity, valuation, benchmarking, and complexity. Public comments are due by June 1, 2026. That structure matters for Bitcoin because it lowers barriers to adoption. However, plan fiduciaries must still show that any investment choice fits participants' needs and retirement goals. Critics, including Senator Elizabeth Warren, argue that crypto, private credit, and private equity can expose workers to high volatility, higher fees, and lower transparency. Supporters answer that broader menus can improve diversification and better match how many Americans already invest outside retirement accounts. Earlier this year, Senator Elizabeth Warren urged federal banking regulators to delay reviewing a bank charter application tied to World Liberty Financial, a crypto platform co-founded by President Donald Trump. She asked the Office of the Comptroller of the Currency to pause its review until Trump fully divests any personal or family financial interest in the company. Bitcoin Price Effect Depends on Actual Allocations Bitcoin’s current price action shows why the market may welcome any fresh demand channel. As of March 31, Bitcoin traded at about $67,582, with an intraday range between $66,001 and $68,193. BTCUSD 1-Day chart | Source: CoinCodex BTC price remains sensitive to macroeconomic risks and investor positioning, meaning the Labor proposal alone is unlikely to trigger an immediate breakout. The bigger question is what happens if retirement plans eventually commit even a small share of assets to bitcoin-linked products. A 1% allocation across today’s $10.1 trillion 401(k) market would equal about $101 billion. That figure explains why the proposal has drawn attention across crypto markets. Still, the Federal Register text makes clear that alternative assets would most likely enter plans through diversified or professionally managed vehicles, not through an automatic wave of direct Bitcoin purchases. The same filing also notes that only 0.1% of defined contribution plan assets were held in alternative investments in 2024, suggesting a slow rollout. In recent Bitcoin price predictions, BTC rebounded after a sharp drop to $65,000 triggered heavy long liquidations and a fast short squeeze. The recovery has shifted attention to the $69,000-$70,000 resistance zone.
31 Mar 2026, 13:20
US Labor Department Proposes Opening 401(k) Plans to Crypto

The U.S. Department of Labor released a proposed rule Monday that would open 401(k) retirement accounts to cryptocurrencies and other alternative assets – a direct implementation of President Trump’s August executive order and a structural shift that puts up to $12 trillion in retirement capital within reach of digital asset markets for the first time under a formal regulatory framework. The proposal does not explicitly approve crypto for retirement plans. What it does is create a safe harbor for ERISA-governed plan managers who choose to include digital assets, provided they follow a defined fiduciary process – removing the single biggest legal deterrent that kept virtually every 401(k) administrator on the sidelines until now. Key Takeaways: Market size: Up to $12 trillion in 401(k) assets could gain access to crypto and other alternatives under the proposed rule, against a $48 trillion total U.S. retirement market. Safe harbor structure: Plan managers must evaluate risk/return, fees, liquidity, valuation, and complexity – but face no explicit ban or approval of specific assets. Timeline: A 60-day public comment period follows Federal Register publication; finalization expected within months, with Indiana’s state-level crypto mandate taking effect July 1, 2027. Regulatory origin: OIRA cleared the proposal March 24, 2026, marking it “economically significant” – the highest regulatory classification, signaling broad expected market impact. Discover: Top Crypto Presales to Watch Before They Launch How the DOL Proposal Actually Unlocks 401(k) Capital for Crypto The mechanism is more precise than the headline suggests, and that precision matters enormously for how fast capital actually moves. Under ERISA, plan fiduciaries have always had the legal authority to consider alternative assets – the Labor Department acknowledged this directly in its statement. The barrier was not statutory prohibition but regulatory ambiguity: a 2022 Biden-era compliance release urged plan managers to apply “extreme caution” to crypto, effectively signaling that inclusion would attract enforcement scrutiny. The DOL rescinded that guidance in May 2025, clearing the first obstacle. The new proposal completes the regulatory architecture. Hardworking Americans deserve more options, not less, when they retire. @POTUS & I are committed to clearing regulatory burdens so workers have access to financial alternatives they can choose from for their 401(k)s. https://t.co/sAodP4mTED pic.twitter.com/E5gKLeVUcr — Secretary Lori Chavez-DeRemer (@SecretaryLCD) March 30, 2026 First, it defines digital assets formally as “a new form of investing that includes a wide variety of assets that can be stored and transmitted digitally, including cryptocurrencies such as bitcoin and other tokens” – giving plan administrators a documented regulatory definition to anchor their fiduciary analysis. Second, it establishes a uniform evaluation framework requiring assessment of performance history, fee structures, liquidity profiles, valuation methodologies, and complexity disclosures. Third, it extends ERISA’s existing fiduciary standard – care, skill, prudence, and diligence – explicitly to alternative asset selection, meaning a manager who follows the process has a defensible legal position even if the asset underperforms. Deputy Secretary of Labor Keith Sonderling framed the shift directly: “Our rule clearly spells out that managers must evaluate any and all potential product offerings by following a prudent process.” That framing matters because it removes the asymmetric risk that previously defined the decision – where inclusion created legal exposure and exclusion did not. Treasury Secretary Scott Bessent described the proposal as “an initial step in implementing the President’s Executive Order in a safe and smart manner, broadening access to additional retirement plan options for millions of Americans.” The most important variable now is not regulatory intent – it is whether the comment period produces material revisions that narrow the asset definition or tighten the liquidity requirements enough to functionally exclude most crypto products. Discover: Best Crypto Exchanges for Active Traders in 202 6 The post US Labor Department Proposes Opening 401(k) Plans to Crypto appeared first on Cryptonews .
31 Mar 2026, 13:14
Ika Is Coming to Solana to Power Bridgeless Capital Markets

Grand Cayman, Cayman Islands, March 31st, 2026, Chainwire dWallets make it possible to bring assets from every network to Solana, to hold, trade, and use financially without bridges Ika is coming to Solana with a clear vision: Bridgeless Capital Markets. Solana is the number one ecosystem for blockchain developers and the most used blockchain in the world. It is where the fastest teams ship, where breakout consumer products launch, and where Internet Capital Markets are being built in real time. Ika is bringing to Solana a new primitive: dWallets, decentralized programmable multi-chain wallet accounts that let Solana users control assets on any blockchain without trusted intermediaries With Ika, Solana is not just the best place to issue new assets or trade Solana-native assets. It becomes the place where assets from every network can be held, traded, and utilized financially on Solana without bridges. Bridgeless Capital Markets Solana is emerging as the home of Internet Capital Markets, but today non-native assets typically reach Solana through bridges, introducing fragmentation, synthetic wrappers, and trusted intermediaries. Ika replaces that model with dWallets, enabling Solana applications to control assets across networks directly with zero-trust cryptography. This makes Solana the chain where all digital assets live on natively. Bitcoin, RWAs, stablecoins, and other assets issued elsewhere can be held by Solana users and brought into Solana trading venues, lending markets, treasury systems, and consumer products without fragmenting liquidity across wrappers and synthetic versions. Capital from every ecosystem can flow into one execution environment: Solana. “Solana already has the speed, the builder energy, and the market structure to become the place where global onchain capital converges” said David Lachmish, Co-Founder of Ika. “Ika gives Solana builders a powerful primitive: a way for assets from every network to be controlled and used on Solana without bridges.” The dWallet: A New Primitive on Solana At the core of Ika is the dWallet primitive: a programmable, transferable multi-chain account on Solana that can control an address on any network and sign transactions to it. Instead of relying on a single private key or centralized custodian, a dWallet’s signing authority is governed jointly by the user and the decentralized Ika network through 2PC-MPC, enabling access to assets on any chain without trusted third parties. This opens a massive new design space for Solana builders, who can build decentralized versions of Fireblocks, Privy, or Binance, with policies and logic living on Solana and enforced across any network, including Bitcoin. With Ika, a Solana DEX can trade native assets from any chain, a Solana lending protocol can support native assets from any chain, and a Solana multisig can hold native assets from any chain. Solana programs can become the financial interface for assets everywhere. dWallets also make Solana a powerful control layer for AI agents. Instead of giving an agent a raw private key, a Solana program can define and enforce policies for how the agent uses assets across chains. Because signing is coordinated through Ika’s 2PC-MPC design, the agent never controls a private key on its own, and every action remains constrained by decentralized policy. Ika’s Bridgeless Capital Markets vision positions Solana as the chain where every asset is available for trading, collateralization, treasury management, payments, automation, and financialization. “Ika gives Solana builders the power to go after some of the biggest categories in crypto,” said Omer Sadika, Co-Founder of Ika. “Not just wallets or apps, but entire financial platforms built around assets from every chain, from Bitcoin through stables to RWAs, all orchestrated from Solana. That is what Bridgeless Capital Markets unlocks.” Instead of fragmenting capital and relying on trusted intermediaries, Ika positions Solana as the definitive home for all digital assets. Ika will be live on Solana devnet in early Q2, and will launch on mainnet later this year. About Ika Ika is the network behind Bridgeless Capital Markets. Powering dWallets, Ika enables assets from every network to be held, traded, and utilized financially on Solana without bridges. By turning wallet control and signing authority into decentralized, programmable infrastructure, Ika gives Solana developers a new primitive for building the next generation of trading, custody, treasury, payments, and multi-chain financial applications. Users can learn more here . [email protected] Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
31 Mar 2026, 13:06
Eightco reveals $326M treasury led by WLD, ETH, and OpenAI bets

31 Mar 2026, 13:03
Senator Questions SEC Over Treatment of Trump Crypto Firms

Senator Richard Blumenthal sent a formal letter to SEC Chairman Paul Atkins on Monday, demanding records and communications related to enforcement decisions involving Trump-linked crypto firms, including why the agency settled fraud charges against Tron founder Justin Sun for just $10 million after three years of litigation. The letter, addressed to Atkins in his capacity as SEC chair, sets an April 13 deadline for the Senate Permanent Subcommittee on Investigations to receive the requested documents. The timing is deliberate. Sun settled his case on March 5, 2026, eleven days before Margaret Ryan, director of the SEC’s Division of Enforcement, abruptly departed after only six months on the job. Blumenthal wants to know if those events are connected. Key Takeaways: Congressional Pressure: Senator Blumenthal demanded SEC records by April 13 on enforcement decisions involving Trump-linked crypto firms, including Justin Sun’s $10M settlement and Changpeng Zhao’s case. Enforcement Director Exit: Margaret Ryan left the SEC’s Division of Enforcement after just six months, raising questions about whether senior leadership blocked cases against specific crypto companies. Pay-to-Play Allegation: Sun is the largest $TRUMP memecoin holder with nearly 1.4 million coins – a position that entitled him to a private presidential dinner – and invested tens of millions in World Liberty Financial before his fraud charges were dropped. Regulatory Signal: The SEC has dropped major cases against Coinbase, Binance, and Ripple since Trump returned to office; Trump has also pardoned CZ and BitMEX founder Arthur Hayes. What to Watch: April 13 records deadline and any PSI hearing announcement are the next hard triggers for regulatory sentiment in crypto markets. Discover: The best pre-launch token sales What Blumenthal’s Letter Actually Accuses the SEC Of The core allegation isn’t subtle: Blumenthal is asking whether financial proximity to Trump’s crypto ventures bought favorable regulatory treatment. Sun purchased millions in TRUMP memecoin, becoming its largest holder at nearly 1.4 million coins, a threshold that entitled him to a private White House dinner – and subsequently invested tens of millions into World Liberty Financial (WLFI), the Trump family’s DeFi project, backing both its governance token and its USD1 stablecoin. Senator Richard Blumenthal Facing active SEC fraud charges throughout this period, Sun’s legal exposure disappeared in a $10 million settlement. Blumenthal’s framing: “Facing federal prosecution, Mr. Sun began to buy into President Trump’s cryptocurrency ventures.” That framing matters because it transforms a regulatory enforcement decision into a potential corruption narrative with a documented financial paper trail. The Ryan departure adds operational weight to the inquiry. Reports cited by Blumenthal indicate that senior SEC leadership intervened to prohibit the Division of Enforcement from pursuing cases against certain crypto companies – a claim that, if documented, would represent a significant institutional breakdown. Blumenthal is also seeking records of direct contacts between the SEC chairman’s office and members of the Trump and Witkoff families regarding cryptocurrency businesses. The broader enforcement pattern is hard to dismiss as coincidental. The SEC dropped its lawsuit against Coinbase and ended its long-running dispute with Ripple over XRP , moved to dismiss against Binance and founder Changpeng Zhao in May 2025, and Trump subsequently pardoned both CZ and BitMEX founder Arthur Hayes. Each case had been initiated under the Biden administration. Discover: The best crypto to diversify your portfolio with The post Senator Questions SEC Over Treatment of Trump Crypto Firms appeared first on Cryptonews .







































