Citadel-Backed Exchange Applies For US Trust Bank Charter

EDX Markets, a cryptocurrency exchange backed by Citadel Securities, has applied for a national trust bank charter with the Office of the Comptroller of the Currency, marking a step toward deeper integration between digital asset firms and the US banking system.

The application, made public on April 1 according to recent filings, would allow EDX Markets to offer custody, asset management and principal trading services while continuing to operate its existing order-matching platform. The firm said the charter would place key functions such as custody and settlement under a regulated banking structure.

EDX Markets framed the move as part of an effort to reshape crypto market…

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Genius Group (GNS) Dumps All Bitcoin Holdings To Clear Debt

Genius Group sold its entire Bitcoin reserves to repay $8.5 million in debt, the company said today. The firm entered a Bitcoin first strategy in late 2024 after the US election, allocating most reserves to Bitcoin and building a treasury position that reached 440 BTC by February 2025.

After a court order blocked fundraising and share issuance, the company sold portions of its holdings and reduced exposure. In February 2026, Genius Group held about 84 BTC after prior sales that included roughly 86 BTC in the month before.

The remaining Bitcoin was liquidated to remove $8.5 million in liabilities and support debt repayment, leaving the company without crypto reserves and selling…

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HRF’s Bitcoin Development Fund Supports 26 Projects

The Human Rights Foundation (HRF) has announced 1.5 billion satoshis in new grants through its Bitcoin Development Fund (BDF), expanding support for projects focused on Bitcoin infrastructure, privacy, and education.

The funding round targets open-source developers, researchers, and educational initiatives working across Bitcoin’s ecosystem, with an emphasis on tools that strengthen financial privacy and censorship resistance. According to HRF, the grants are intended to advance Bitcoin-based technologies that can support dissidents and human rights defenders operating under authoritarian regimes.

The organization estimates its efforts ultimately serve billions of people…

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Retirement Portfolios May Expand To Include Crypto Under New US Rule

“Level The Playing Field”

In a FOX Business interview on Tuesday, BlackRock Global Head of Retirement Solutions Nick Nefouse said the change is designed to “level the playing field,” giving more Americans access to a wider range of investments typically available in defined benefit plans.

He noted that many public-sector workers, such as firefighters and police officers, already benefit from broader investment access, while private-sector workers often face more limitations. The rule aims to address that imbalance.

Because 401(k) plans are a primary vehicle for building retirement wealth, and are typically long-term investments, supporters argue they should not be overly restricted. The…

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BlackRock Files Ticker For Bitcoin Premium Income ETF As Bitcoin Strategy Expands

BlackRock has moved forward with its Bitcoin premium income strategy, revealing a ticker for its upcoming iShares Bitcoin Premium Income ETF. Bloomberg ETF analyst Eric Balchunas said on X that the fund will trade under “$BITA” and noted that BlackRock has filed an amended S-1 registration statement for the product, describing it as a sequel to its existing Bitcoin ETF lineup. 

He added that no management fee has been set, with his “over/under” estimate at 38 basis points. There is no official launch date yet.

The proposed ETF is designed to combine direct BTC exposure with an income-generating options overlay. 

According to prior SEC filings, the structure is…

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Luxor Launches ‘Commander’ Fleet Management Software

Luxor Technology Corporation has unveiled Commander, a new fleet management and profitability optimization platform designed to give Bitcoin mining operators a unified control layer across their entire infrastructure.

The Seattle-based Bitcoin mining software firm says Commander is built to consolidate fleet operations, energy management, and profitability optimization into a single system within its broader ecosystem, according to a note shared with Bitcoin Magazine. 

Luxor, which already manages more than 1 gigawatt of Bitcoin mining and data center compute, positions Commander as a major step toward what it calls a “full-stack mining infrastructure,” integrating mining pool…

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Bitcoin Stalls, Ethereum Shows Strength, XRP Stays Quiet — What’s Next? – Grayscale Bitcoin Mini Trust (B

Short Term Bounce, Overall Weak Momentum

In a March 31 podcast, trader Cryptoinsightuk said a short-term bounce is possible, but overall momentum remains weak as markets await a decisive move. He pointed to macroeconomic pressures, including equity weakness, inflation concerns and geopolitical tensions, as factors contributing to the lack of direction.

Despite this, many assets are sitting near historically attractive value zones, leading to a view that gradual accumulation in spot positions is reasonable.

Bitcoin shows signs of a potential bottoming structure, with its weekly relative strength index entering oversold territory, a level that has historically aligned with major lows….

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Ripple Rewired Global Finance In Q1—Here’s What Happened

The January Launch

Ripple unveiled Ripple Treasury on January 30, an enterprise platform born from its $1 billion acquisition of Chicago-based GTreasury. 

The product lets corporate finance teams manage traditional cash and digital assets through a single system, moving money across borders in three to five seconds using RLUSD instead of three to five business days via bank wires.

The platform connects companies to overnight repo markets and tokenized money-market funds, including BlackRock’s (NYSE:BLK) BUIDL fund, so businesses can earn yield on idle cash around the clock.

February: Ripple’s Strongest Month Of Institutional Adoption
Deutsche Bank integrated Ripple’s payment… Read more on Benzinga

Bitcoin In Familiar Historical Range — But Will The Outcome Differ?

Bitcoin (CRYPTO: BTC) is trading within a range that mirrors past market structures, though the outcome may not follow the same path, according to trader Trader Mayne.

Temporary Bullish, Overall Bearish Bias

In a March 31 podcast, Mayne said Bitcoin could see a short-term relief rally toward $80,000. Still, it maintains an overall bearish bias unless key resistance levels are reclaimed

He emphasized that market sentiment tends to flip incorrectly, bullish at highs and bearish at lows, creating opportunities for traps on both sides.

Despite some signals that could support a temporary bullish move, like being in the lower part of the range and liquidity sweeps, there are also conflicting…

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Franklin Templeton Acquires CoinFund Spinoff For Crypto Push

Franklin Templeton has agreed to acquire 250 Digital, a crypto investment firm formed from CoinFund, according to Wall Street Journal reporting. The goal with this acquisition is to improve its digital asset strategy and create a dedicated institutional crypto division.

The deal sets the foundation for a new business line called Franklin Crypto. The unit targets pensions, sovereign wealth funds, and large institutional investors seeking exposure to digital assets through regulated investment structures.

Terms of the transaction remain undisclosed. The acquisition reflects continued expansion by traditional financial institutions into crypto markets despite a prolonged drawdown in…

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