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The crypto market took a major hit on Friday, wiping out nearly all the gains from earlier this week. Bitcoin, which was hovering close to $88,000, plunged to $83,800, marking a 3.8% decline in just 24 hours. Major altcoins like Avalanche (AVAX), Polygon (POL), Near (NEAR), and Uniswap (UNI) losing almost 10%.

South Carolina dismissed its lawsuit against crypto exchange Coinbase, becoming the second state to drop its staking-related case after the US watchdog's shift toward the industry. The exchange's Chief Legal Officer (CLO) called the development a “victory” for crypto investors.

XRP and BTC tumble as US tariffs and inflation rattle markets. SEC delays and macro risks drive cautious sentiment across crypto assets.

Binance, the world's largest cryptocurrency exchange, has rolled out two new mechanisms designed to boost community involvement in token management: Vote to List and Vote to Delist. These initiatives allow users to have a direct say in which tokens get listed or removed from the platform, hinting at a more decentralized decision-making.

Peter Schiff, a BTC critic, has recently predicted that Bitcoin price could plummet to as low as $10,000. Schiff has expressed concerns over Bitcoin's long-term viability, particularly in comparison to gold.

Dogecoin (DOGE) is trading around $0.1802, down over 5% in the past 24 hours, facing renewed bearish momentum. The popular meme coin has failed to maintain key resistance and support levels, increasing fears of a significant breakdown.

Shiba Inu (SHIB) has once again struggled to break through a crucial resistance, raising doubts about its short-term bullish momentum. After briefly climbing above $0.00001400, SHIB reversed sharply and is now trading at $0.00001327, marking a daily loss of over 5%.

XRP is under heavy selling pressure after dropping nearly 6% in a sharp daily move, falling below key support levels and currently trading around $2.20. This decline brings the crucial $2.00 psychological level into focus, a zone that could determine the next direction for XRP.

BlackRock, the $10 trillion asset management giant, continues to strengthen its presence in the digital asset space. Its tokenized investment vehicle, the BUIDL fund, has now surpassed $1.5 billion in assets under management (AUM), according to data from Arkham Intelligence.

The Federal Reserves preferred inflation gauge rose more than expected in February, sparking fresh concerns about interest rate policy and sending shockwaves through financial and crypto markets. The core Personal Consumption Expenditures (PCE) price index, which excludes food and energy, increased 0.4% from the previous month its sharpest gain since January 2024 pushing the annual rate to 2.8%.

Bitcoin has broken below its 200-day moving average, a key technical support level, following the latest U.S. inflation report. The move comes after the February Personal Consumption Expenditures (PCE) index showed inflation remains stubbornly high, raising concerns among investors.

Hopes for a continued crypto rebound were dashed Friday as a sharp market sell-off erased nearly all gains from earlier in the week. Bitcoin (BTC), which hovered near $88,000 just a day ago, plunged to $83,800, marking a 3.8% drop in 24 hours.

Former BitMEX CEO Arthur Hayes has received a full pardon from U.S. President Donald Trump, alongside BitMEX co-founders Samuel Reed and Benjamin Delo, according to a White House official. The pardons, first reported by CNBC, were signed Thursday.

The Federal Deposit Insurance Corp. (FDIC) has eliminated its 2022 requirement that banks obtain pre-approval before engaging in cryptocurrency-related activities. This shift marks a significant change in how U.S. banks can approach digital assets, easing restrictions that effectively sidelined many institutions from the crypto sector.

The price of bitcoin has been going through a rough patch post the announcement of tariffs by the US President. Gold reached $3,080 on March 28, 2025, coinciding with Schiff's most recent remarks.

Russian Finance Minister Anton Siluanov specified that digital financial assets were among the options that BRICS was considering for securing independence from third-party nations in the economic trade arena.

Amid today's market correction, Chainlink (LINK) has lost its recent gains, falling back to a crucial support level. An analyst suggests a monthly close above its current range could position the cryptocurrency for a 35% surge.

FTX, a former cryptocurrency firm, will start paying its creditors on May 30, according to lawyer Andrew Dietderich. The company has accumulated $11.4 billion in cash since it shut down and filed for bankruptcy in November 2022.

SOL's social sentiment is soaring on BlackRock and GameStop news, but price action signals caution. What's next for Solana?

While Bitcoin has seen less upward momentum in recent days, the asset still manages to maintain stabilization above the $84,000 ever since its reclaimed it earlier this week. So far, BTC's uptick in the past week has reduced to a mere 0.2% as it price currently trades at $84,263 down by 3.

FTX, the once-prominent cryptocurrency firm, is ready to start paying back its major creditors by the end of May. After gathering a massive $11.4 billion since its collapse, the cryptocurrency firm is ready to begin making significant payouts as per a latest report from Bloomberg.

Fake trading bots, manipulated token prices, and $23 million in seized crypto underscore a sweeping DOJ crackdown on fraud and deceptive digital market practices. DOJ Targets Gotbit in $23M Crypto Market Manipulation Crackdown The U.S.

Shiba Inu (SHIB) has outpaced Bitcoin (BTC) and Ethereum (ETH) in the percentage of long-term holders, signaling growing investor confidence in the memecoin.

Dogecoin's market faces heightened risk of volatility with dominant long liquidations and technical resistance.