Wall Street just welcomed another crypto exchange-traded fund (ETF) to the party, but polkadot’s price chart didn’t exactly roll out the red carpet.

Bitcoin surrendered its $70,000 support level, triggering a broader crypto market retreat that wiped out $329 million in leveraged positions. This downturn was fueled by a perfect storm of geopolitical and macroeconomic pressures.

After three days of strong inflows, crypto ETFs cooled off on Thursday, with bitcoin funds posting a $228 million outflow. Ether, XRP, and solana ETFs also ended the day in the red, signaling a broad market pause.

Strike has secured a New York Bitlicense and a Money Transmitter License from the New York State Department of Financial Services, allowing the bitcoin payments platform to offer its services to residents and businesses across the state.

At 8:30 a.m. EST, bitcoin traded at $69,926 on March 6, 2026, with a market cap of roughly $1.39 trillion and about $48 billion in 24-hour trading volume. The session’s intraday band ranged from $69,732 to $72,956, leaving price pinned near the middle of a tightening consolidation range where buyers defend the $69,000 area while overhead pressure lingers near $73K.

The SEC has reached a settlement with Rainberry (formerly Bittorrent) to resolve

The bank drafted a proposal with a progressive view on the use of digital assets, recognizing them not as money but as a representation of real assets. The central bank will be in charge of stablecoins, while the Financial Superintendence will oversee VASPs.

ANDE, the state power company, has partnered with Morphware, an artificial intelligence (AI) and mining tech company, to start a pilot program and use part of its seized miners to produce bitcoin. ANDE’s President, Felix Sosa, stated that the bitcoin mined will be sold as a hedge for futures contracts.

Nedbank has partnered with Crypto.com to develop blockchain-powered payment and settlement solutions across Africa. The collaboration aims to reduce cross-border transaction costs while expanding access to digital dollar liquidity through USDC.

Paypal USD and TCS Blockchain have entered a strategic partnership to modernize the trucking industry’s payment infrastructure.

Crypto investors remember October 2025 for the historic liquidation event that shaved off billions in market cap, broke charts across exchanges, and left traders wrecked.

A16z’s blockchain arm is reportedly raising its fifth dedicated crypto fund with a $2 billion target and a mid-2026 closing date.

XRP may be nearing a potential rebound as Binance funding rates plunge into extreme negative territory, a market setup historically tied to short squeezes and swift upside moves when heavily crowded short positions unwind.

Indiana becomes the first U.S. state to allow bitcoin and crypto investments in public retirement plans, a bullish policy shift that expands digital asset adoption while protecting payments, mining, custody, and blockchain activity statewide.

XRP investment demand is accelerating as institutional capital flows into regulated funds, with Bitwise’s XRP ETF emerging as the largest in the United States and signaling expanding Wall Street exposure to the digital asset.