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Bitcoin Nears $81K; XRP, ADA Slide as Traders Brace For Tariff War Ahead

A South Korean court has sentenced three individuals to prison for orchestrating a fraudulent cryptocurrency investment scheme that embezzled over $416,000 (610 million won) from unsuspecting victims. The trio ran a deceptive operation from Busan under the guise of an investment firm, luring people with false promises of high monthly returns.

A Californian lawmaker has just added Bitcoin and crypto investor protections to a February-introduced money transmission bill aimed at securing crypto self-custody rights for the US state's nearly 40 million residents.California's Assembly Bill 1052 was introduced as the Money Transmission Act on Feb. 20, 2025, but was amended by Democrat and Banking and Finance Committee chair Avelino Valencia on March 28 to include several Bitcoin (BTC) and crypto-related investor protections. The amendments cross out “Money Transmission Act,” with the legislation now called “Digital assets.

The cryptocurrency market shrank considerably last week due to an uncertain macroeconomic environment, although a few lesser-known coins netted significant returns. What happened: CRO, the native token of cryptocurrency exchange Crypto.com, topped the gainers list with a 21.89% rally last week.

XRP has shown some interesting price movements over the past 24 hours, with increased trading activity catching the attention of traders. Even though volume is down 6%, it's holding up better than Bitcoin, where trading volume has dropped by 37%. Recently, XRP dropped to a key support zone between $1.95 and $2.10.

Sui is set for a major supply event, with 64.19 million SUI tokens worth approximately $148.29 million scheduled for release on April 1, sparking concerns about potential selling pressure and its impact on SUI price.

XRP price started a fresh decline below the $2.20 zone. The price is now showing a few bearish signs and might decline below the $2.050 level.

The country aims to add insider trading regulations on crypto-related companies following a rise in scam reports, Nikkei said.

Shiba Inu (SHIB), the popular dog-themed cryptocurrency, is under pressure as the broader crypto market sees a decline. According to CoinMarketCap, SHIB has dropped 1.53% in the last 24 hours, trading at $0.00001262.

Stellar (XLM) is showing modest recovery signs after a two-day decline, currently up 1.01% in the last 24 hours and trading at $0.27. Despite this slight rebound, XLMs price remains below the 50-day simple moving average (SMA), now at $0.297, signaling ongoing bearish pressure.

Bitcoin billionaire and F2Pool co-founder Chun Wang is set to embark on a groundbreaking space mission on Monday. Wang will join three other first-time astronauts on a historic journey aboard SpaceXs Crew Dragon capsule, scheduled to launch from Florida at 9:46 p.m.

XRP is currently trading at $2.19 after a modest recovery from yesterdays dip, but the asset remains under pressure as it hovers dangerously close to the critical $2.00 support level. Earlier this week, XRP briefly touched $2, raising concerns among investors.

Shiba Inu (SHIB) has dropped nearly 10%, falling back to pre-rally levels and wiping out its recent breakout gains. Currently trading at $0.00001273, the meme coin sits just above key support, signaling that the recent price surge was a classic fakeout a short-lived rally that failed to sustain momentum and trapped bullish traders.

Bitcoin is currently trading around $83,358, hovering just above the critical $80,000 support level. The recent breakdown below its ascending trendline signals a potential shift in momentum, raising fears of a deeper short-term correction.

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), stirred the crypto community on Sunday with a cryptic post that may hint at another major Bitcoin (BTC) acquisition. Known as one of the most prominent Bitcoin advocates, Saylor shared a screenshot of his companys Bitcoin portfolio tracker on social media, captioned in a way that suggests more BTC could be on the way.

Ethereum has struggled throughout the year, with network stagnating amidst poor leadership concerns.

Japan plans to legally classify crypto assets as financial products by 2026, marking a significant shift in its regulatory approach. The post Japan to Classify Crypto as Financial Products, Impose Insider Trading Restrictions: Report appeared first on Cryptonews.

Terraform Labs will launch a Crypto Loss Claims Portal on March 31, 2025, enabling investors impacted by the 2022 collapse of terrausd (UST) and associated cryptocurrencies to seek compensation.

Ethereum price started another decline and traded below the $1,880 level. ETH is now consolidating and remains at risk of more losses.

Musk's clarification may temper speculative crypto market reactions, emphasizing a focus on government efficiency over crypto integration. The post Elon Musk says US government has no plans to use Dogecoin appeared first on Crypto Briefing.

The cryptocurrency market was in the red on Monday, with Bitcoin (BTC) continuing its fall over the weekend. The crypto market's downturn is being driven by weak demand in spot markets and a clear shift toward derisking, with traders hesitant to take new positions.

Ethereum-based DeFi protocol SIR.trading, also known as Synthetics Implemented Right, has been hacked, resulting in the loss of its entire total value locked (TVL) — $355,000 at the time of the attack. The hack, which occurred March 30, was initially detected by blockchain security firms TenArmorAlert and Decurity, both of which posted warnings on X to alert users of the protocol.

A South Korean court has sent three members of a crypto scam ring to prison after hearing they stole some $416,000 from victims as part of a concerted campaign. The post South Korean Court Jails Three Members of ‘Crypto Scam Gang' appeared first on Cryptonews.

Amid the bearish market sentiment, Cardano's (ADA) price prediction has become a key topic among traders as they assess the asset's next move. This follows a breakdown from consolidation, which has shifted the overall market sentiment toward ADA tokens.