Bitcoin has fallen sharply from $74,000 to around $66,000 as selling pressure from U.S.-based investors intensifies, according to recent market data.Data from Coinglass shows that the Coinbase premium—a key indicator of U.S. spot demand—has remained negative and widened since March 19. A negative premium indicates that Bitcoin is trading lower on Coinbase compared to offshore exchanges, typically signaling net selling activity from U.S. participants.The trend coincides with Bitcoin’s latest correction, suggesting that U.S. investors have been a primary driver of the downside move.This divergence reflects broader market dynamics, where institutional flows and macro conditions are increasingly influencing price action. Weak demand from U.S. spot markets also aligns with recent data showing declining volumes and limited buying interest during rallies. 

Blockchain sleuth ZachXBT posted on X that Circle has unfrozen two more hot wallets associated with the ckUSDC on the Dfinity bridge, along with one unidentified wallet. This development follows previous actions by Circle to address issues related to the Dfinity bridge. The move is part of ongoing efforts to ensure the security and functionality of digital assets linked to the bridge. ZachXBT's update highlights the continued scrutiny and adjustments being made by Circle in response to the situation.

U.S. Senator Cynthia Lummis has refuted claims that the Digital Asset Market Clarity Act fails to safeguard decentralized finance (DeFi) innovators from legal challenges. According to Cointelegraph, she emphasized that recent amendments to the draft will provide unprecedented protection for DeFi and developers. Her remarks on Friday were a direct response to crypto lawyer Jake Chervinsky, who contended that Title 3 of the current draft undermines the Blockchain Regulatory Certainty Act (BRCA) by imposing know-your-customer (KYC) requirements on non-custodial software developers. Lummis urged the public not to believe the fear, uncertainty, and doubt (FUD), stating, "We have worked on a bipartisan basis for the last few weeks to make changes to Title 3 that make this bill the strongest protection for DeFi and developers ever enacted. We have to pass the Clarity Act to get these protections." However, the latest revisions to the CLARITY Act have not been publicly disclosed. Chervinsky expressed concern that the DeFi protection provisions have been overshadowed by the intense focus on stablecoin rewards provisions within the CLARITY Act. His primary issue with the Senate Banking Committee’s latest draft is that Title 3's definitions of money transmitters could still expose many non-custodial DeFi builders to liability. Despite the CLARITY Act incorporating the BRCA in section 604, which specifies that non-controlling developers and providers of non-custodial software should not be classified as financial institutions subject to Bank Secrecy Act KYC obligations, Chervinsky argued that ensuring non-custodial software developers aren't misclassified as money transmitters remains a critical challenge. His concerns arise amid several high-profile prosecutions and convictions of developers in the U.S. in recent months, including the conviction of Tornado Cash co-founder Roman Storm in August 2025 for conspiracy to operate an unlicensed money transmitting business. U.S. lawmakers have indicated that the CLARITY Act is progressing towards a Senate Banking Committee markup expected in April, following recent bipartisan advancements on stablecoin rewards provisions. Lummis highlighted the necessity of passing the CLARITY Act to ensure DeFi developers receive legal protections under the BRCA.

According to Iranian media outlet Fars News, the Iranian Islamic Revolutionary Guard Corps claimed that missiles "destroyed" a Ukrainian air defense weapons depot located in Dubai. (Jinshi)

Bitcoin's market recovery to its historical highs could be postponed until 2027 if the cryptocurrency falls below $60,000, according to recent data. According to BlockBeats, analysis indicates that Bitcoin has already retracted approximately 48% from its peak of around $126,000 in 2025. Historical patterns suggest that for every additional 10% drop, the recovery period extends by an average of 80 days. If $60,000 is the current bottom, a recovery might take about 300 days. However, if Bitcoin continues to decline to the $40,000–$45,000 range, the overall retraction could exceed 60%, potentially extending the recovery period to around 440 days, pushing the timeline to the second quarter of 2027. On-chain indicators also suggest that the bottom has not yet been confirmed. The current Blockchain Comprehensive Market Index (BCMI) is approximately 0.27, which is higher than the historical bottom range of about 0.12–0.15, indicating further potential downside. In terms of capital flow, pressure is mounting as large holders continue to sell. Data shows that the selling pressure from major holders has reached its highest level in nearly 18 months, while liquidity in both spot and futures markets is weakening. Institutional opinions suggest that the market is in a deep adjustment cycle, and if the macroeconomic environment remains tight, including high interest rates or potential rate hikes, it could further delay the recovery pace of the crypto market.

UXLINK has announced the upcoming launch of X-AGENT, an AI social engine that is integral to its artificial intelligence ecosystem. According to NS3.AI, the product is set for an official release next week, with whitelist pre-registration currently available.

LM Funding America, a Nasdaq-listed Bitcoin mining company, has released its financial performance data for the fourth quarter of 2025. According to PANews, the company mined 22 Bitcoins during this period. As of February 28, 2026, LM Funding America holds a total of 354.7 Bitcoins, including 174 Bitcoins in its Galaxy Digital digital asset receivables account. The company's total mining power has reached approximately 782 PH/s.

Polymarket has partnered with live streaming platform Parti.com to introduce a live prediction market platform. According to Foresight News, this integration allows content creators to showcase Polymarket's markets on the Parti.com platform. Fans can engage in real-time trading on topics such as Bitcoin prices, sports events, and politics without leaving the platform.

DeFi research and risk management firm Gauntlet has provided an update on the handling of the Resolv vulnerability via the X platform. According to PANews, the Base network USDC Frontier (v1) has been deallocated from all Resolv markets, eliminating the risk of bad debt. Both v1 and v2 vaults have reopened for deposits, and Morpho is set to remove interface warnings tomorrow. The mainnet USDC Frontier (v2) vault restart is underway, with the current time lock arrangements allowing a submission cap for the v1 market adapter of three days and removal of the v1 Vault adapter in five days. Gauntlet stated that further detailed information on the remaining vaults will be provided following subsequent Resolv fixes.

U.S. Senator Elizabeth Warren has written to Commerce Secretary Howard Lutnick, requesting documents and communications related to Bitmain to understand how the Commerce Department handles potential national security risks posed by the company. Bitmain is a major global manufacturer of Bitcoin mining machines. In November 2024, the U.S. Department of Homeland Security launched an investigation codenamed "Operation Red Sunset" to examine whether Bitmain's ASIC miners could be remotely accessed for espionage or to interfere with the U.S. power grid. The investigation is reportedly still ongoing. Previously, shipments of Bitmain equipment were halted, and the use of its miners near U.S. military bases was flagged as a significant national security risk. Warren's letter also requests details of communications between Bitmain and the Trump family and Commerce Department officials. American Bitcoin Corp., backed by Trump, previously purchased 16,000 Bitmain mining machines for $314 million.

On March 5, 2026, the American Banking Association did something unusual: it publicly rejected a compromise negotiated by the White House over several weeks. Just two days earlier, Trump had publicly warned on Truth Social that banks were "hijacking the bill."

Raphaël Thuin of Tikehau Capital points directly to the core contradiction: "The traditional concept of safe-haven assets is increasingly being challenged. The ever-evolving dynamics of the global economy and financial markets have complicated this narrative."

Market trends, crypto market, investment, crypto crash, US-China AI war... Jinse Finance: What have the crypto KOLs been talking about in the past 24 hours?

In 2026, Naval's statement "Software was eaten by AI" went viral, garnering over 100 million views and definitively announcing the end of the software era and the arrival of the AI ​​era.

The war with Iran has become the strongest geopolitical shock to the global energy market since the Gulf War in 1990.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

Hyperliquid capitalized on this geopolitical market trend with its commodity contracts. Decentralized exchanges are moving from internal competition within the crypto industry to becoming a true alternative to traditional financial infrastructure, and this trend is only just beginning.

The release of the guidelines has ushered in a new phase for US crypto regulation.

When the United States decided to replace the 50 states with Washington, AI entrepreneurs gained a wider door—but no one told them who held the key to that door.

SpaceX is reshaping Wall Street's traditional underwriting logic with an unprecedented IPO plan.