Rwanda Reaffirms Crypto Ban After Bybit Adds Franc Support

Rwanda’s central bank has restated its prohibition on cryptocurrency activity involving the national currency after Bybit introduced support for the Rwandan franc on its peer-to-peer marketplace, prompting a swift regulatory response.

In a statement published Sunday, the Centrak Bank of Rwanda said crypto-assets are not authorized for payments, conversions involving the franc, or peer-to-peer trading under the current framework. The central bank warned residents against using such services, citing financial risks and the absence of legal protection in cases of loss.

The clarification followed an announcement from Bybit on Friday that users could buy and sell digital assets using the…

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Bitcoin, Ethereum, XRP, Dogecoin Gain Momentum On Renewed Ceasefire Hopes

Bitcoin trades below $70,000 amid hopes for a ceasefire in the U.S.-Iran war.

Notable Statistics:

Coinglass data shows 84,159 traders were liquidated in the past 24 hours for $330.88 million.

SoSoValue data shows net inflows of $8.99 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net outflows of $71.2 million.

In the past 24 hours, top gainers include Morpho, Ethena and Bonk.

Notable Developments:

Trader Notes: Trader Castillo describes the current environment ascautiously neutral to mildly bullish, with expectations of short-term sideways price action rather than a sharp decline.

Despite some uncertainty, the broader outlook remains stable, with no strong signals…

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Demonstration Of “Attack Blocks” On Bitcoin’s Signet Test Network

In two days, on Wednesday April 7th, a handful of Bitcoin Core developers are going to be doing a demonstration of “attack blocks” designed to take an inordinate amount of time to verify on Signet.

The demonstration will take place at 10 AM EST (2 PM UTC). Anyone who wishes to participate can run Bitcoin Core node on Signet and watch the blocks be mined and processed by their node in real-time.

Instructions can be found here to spin up a node and follow along (including how to check your node’s logs to see the verification times for the attack blocks).

The demonstration is not going to show the worst case of the attack (the script and transaction structure required…

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Polymarket Unveils Exchange Overhaul, Native Stablecoin As U.S. Expansion Looms

Bitcoin and crypto focused prediction market platform Polymarket is preparing its most significant infrastructure upgrade to date, rolling out a rebuilt trading system alongside a new native stablecoin designed to replace bridged collateral and streamline on-chain activity.

The overhaul, described by the company as a “full exchange upgrade,” is expected to go live over the next several weeks and includes new smart contracts, an updated central limit order book (CLOB), and a proprietary collateral token called Polymarket USD. The token will be backed 1:1 by USDC and will replace USDC.e, a bridged version of the stablecoin currently used across the platform.

Last month,…

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Anthony Pompliano Calls Bitcoin A ‘Scarcity Asset,’ But Macro Doesn’t Agree

As Bitcoin (CRYPTO: BTC) moves closer to $70,000, a fresh scarcity narrative is gaining traction.

Bitcoin The ‘Key Scarcity Asset’

Anthony Pompliano, CEO of Professional Capital Management, on April 4 described Bitcoin as a key “scarcity asset.”

He argues that it stands to benefit from a long-term macro shift, where investors increasingly favor limited-supply assets, like Bitcoin and oil, over assets that can be easily expanded.

However, the broader market appears confusing due to conflicting macro signals.

On the one hand, rising energy prices point to persistent inflation. On the other, weakening labor markets and slowing economic activity suggest growth is deteriorating.

Despite this…

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Bitcoin Is Going To $10,000, Says Bloomberg Analyst — But Others Call It ‘Rage Bait’

The $10,000 Call

McGlone bases his prediction on normal mean reversion patterns seen in commodities. 

He points to crude oil’s typical cycle from $120 to $40 and applies similar logic to Bitcoin, expecting a drop to $10,000 as part of a broader market downturn where the S&P 500 (NYSE:SPY) falls 50-60%.

“This is not a simple micro view where my math is wrong,” McGlone said. “I’m just pointing out normal reversion.” 

He argues Bitcoin faces unlimited competition from other cryptocurrencies and exhibits volatility multiples above the S&P 500, making it unsuitable as a store of value.

McGlone expects crude oil to hit $50 by midterms, natural gas to stay depressed at $2.84 (down 25%…

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SecondHQ’s Bark Boasts New Era Of Bitcoin Payments, Drawing In Former Blockstream Developers

SecondHQ, a new Bitcoin development lab, has gained attention recently as it drew in yet another former Blockstream employee known as “Grubles”, with over 8 years of engineering at the company. Bark, SecondHQ’s lead product, promises to deliver a next-generation “Fast, low-fee, self-custodial” wallet. 

After 8+ years, today is my last day at Blockstream.

It’s been an incredible opportunity to work with such a world class team on both the marketing and engineering side, and words alone do not convey my gratitude for the experience.

Even though I’m leaving, I’m super excited…

— grubles (@notgrubles) March 3, 2026

Alongside Grubles, other former Blockstream employees…

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LATEST: Vivek Ramaswamy’s Strive Acquires 113 Bitcoin for $7.75 Million

Strive, co-founded by Vivek Ramaswamy, has acquired 113 BTC for approximately $7.75 million at an average cost of around $68,577–$68,584 per bitcoin. The purchase, disclosed via SEC filing, brings the company’s total Bitcoin holdings to 13,741 BTC.

This addition reflects Strive’s ongoing strategy of accumulating Bitcoin as a treasury asset. Reports from Bitcoin Magazine and other crypto outlets confirm the transaction details based on recent regulatory disclosures.

Bitmine Buys 71,252 Ethereum As BMNR Stock Uplists To NYSE – BitMine Immersion (AMEX:BMNR)

Bitmine Immersion Technologies (NYSE:BMNR) surged 7.5% to $20.91 after buying 71,252 ETH last week—the fastest pace since December—as the stock uplists to NYSE on April 9.

The Accumulation Blitz

Chairman Tom Lee framed the buying as a bet that Ethereum is in “the final stages of the mini-crypto winter.”

Total crypto and cash holdings now stand at $11.4 billion, including $864 million in cash, 198 BTC, and stakes in Beast Industries and Eightco Holdings (NASDAQ:ORBS). 

The ORBS position gives Bitmine one of the only publicly listed exposures to OpenAI.

Bitmine now owns 3.98% of Ethereum’s 120.7 million circulating supply, putting it 79% of the way to its “Alchemy of 5%” target…

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Wall Street Waits On Potential Ceasefire, Micron Leads Memory Stocks Higher: What’s Moving Markets Monday

U.S. stocks rose Monday, with gains led by energy and growth-sensitive sectors as investors weighed ongoing conflict in Iran against firm economic data. 

The S&P 500 Energy index climbed as crude futures held near recent highs, well above the psychologically important $100 level, while broader sector gauges showed modest advances for tech and financials.

President Donald Trump has set a deadline of Tuesday evening for Iran to reopen the Strait of Hormuz or face large‑scale strikes on power plants, bridges and other infrastructure. 

Tehran has so far rejected U.S. ceasefire and reopening proposals, keeping markets on edge over whether the deadline brings de‑escalation or a major…

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