Bitcoin lost its grip on $70,000 amid inflation and recession talk as analysis suggested that BTC price action lacked "outright stress."
MARA Holdings sold 15,133 Bitcoin for roughly $1.1 billion in March to buy back $1 billion of zero-coupon convertible notes at a discount, reducing its convertible debt by roughly 30%.
Pakistan is considering a rupee-backed stablecoin and a central bank digital currency (CBDC) to expand financial inclusion.
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Zcash (ZEC) soared more than 400% over the past month, climbing above $700 before easing to $548 amid a rally in privacy-focused cryptocurrencies.
Bitcoin sought a higher low while risking a breakdown of $100,000 support, as analysis said that a BTC price rebound could come without much fuel.
Privacy coins are on a tear this week, with Zcash flipping Monero for the largest privacy coin.
Ethereum's price drop to $3,000 was likely a buy-the-dip opportunity with ETH set to recover, based on several key market metrics.
The government is reportedly considering converting part of its sovereign wealth and gold holdings into digital assets, signaling the rise of crypto as a state-level asset class.
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