Circle shares slumped on Tuesday (nearly 20%) after U.S. lawmakers advanced 
the Clarity Act. This decline has been linked to the Clarity Act draft 
language that suggests it would curb interest paid on crypto stablecoin 
holdings. Related Reading: 3 Big Hyperliquid News You Might Have Missed This 
Week A Key Crypto-Basics Misunderstanding The reason of the sudden drop? The 
market is misunderstanding the legislation, analyst Gautam Chhugani and his 
three Bernstein colleagues said in an investor note shared with DL News. “The 
market is conflating who earns yield with who distributes yield”, they said. 
It is no secret that the market is moved by the heightened emotional responses 
of investors, reacting to real world events such as a geopolitical crisis or a 
change in the legislation that could affect their positions. However, 
investors would do well going back to the fundamentals and revisiting the 
basic mechanics at play before getting swept up in Clarity‑Act panic. A 
stablecoin issuer and a stablecoin distributer are not the same thing: a 
stablecoin issuer is the entity that creates the token and manages the 
reserves behind it, while a stablecoin distributor is the platform or 
intermediary that gets that token into users’ hands and often hosts their 
balances. Circle is the company that issues the USDC, not the one that 
distributes it: that’s what platforms such as Coinbase do. Today&#8217;s chart shows 
Circle shares slightly recovered after briefly dropping under $100 on Tuesday. 
Source: TradingView The Clarity Act’s language specifies supervision on how 
crypto tokens are circulated and distributed, not on the entities that create 
or issue them. This means lawmakers are focusing on the activities around 
moving stablecoins to end users, such as platforms offering them, 
intermediaries marketing yield, and programs that pay interest on balances, 
rather than directly imposing new rules on the companies that mint the tokens 
and manage reserves. Related Reading: Bitcoin Holds $70K – Is The High‑Beta 
Era Over? Stablecoins: A Central Pillar It is worth noting that investor’s 
anxiety over the U.S. stablecoin policy and how regulators might treat 
centralized issuers post-election is justified. The stablecoin sector has 
become a central pillar of crypto liquidity: in 2025, dollar‑pegged tokens 
settled over 30 trillion dollars on‑chain, and USDC alone processed roughly 18 
trillion dollars in transactions —close to half of all stablecoin volume 
despite representing under a third of total supply. Circle’s own and 
third‑party estimates say USDC’s share of total stablecoin transaction volume 
was around 45–50% in late 2025, even though its circulation was under 
one‑third of total stablecoin supply. If Bernstein’s view holds, Circle- 
related assets might see a rebound as regulatory clarity improves. BTC&#8217;s price 
is on the highs $71k on the daily chart. Source: BTCUSDC on Tradingview Cover 
image from Perplexity, BTCUSDC chart from Tradingview

Crypto Analysts Warn: Traders Misreading The Clarity Act Could Miss The Real Opportunity

Bitcoin price started a recovery wave above $70,000. BTC is now consolidating 
above $70,200 and might aim for a steady increase if it clears $71,650. 
Bitcoin started a decent recovery wave above $69,800 and $70,200. The price is 
trading above $70,200 and the 100 hourly simple moving average. There is a 
bullish trend line forming with support at $70,400 on the hourly chart of the 
BTC/USD pair (data feed from Kraken). The pair might start another decline if 
it stays below the $71,000 and $71,650 levels. Bitcoin Price Faces Hurdles 
Bitcoin price started a recovery wave above the $69,5500 resistance level. BTC 
climbed above the $70,200 and $70,500 resistance levels. The price even spiked 
above the 50% Fib retracement level of the downward move from the $75,998 
swing high to the $67,342 low. The price even climbed toward the $72,000 zone 
before the bears took a stand and protected more gains. Bitcoin is now trading 
above $70,200 and the 100 hourly simple moving average. There is also a 
bullish trend line forming with support at $70,400 on the hourly chart of the 
BTC/USD pair. If the price remains stable above $70,200, it could attempt a 
fresh increase. Immediate resistance is near the $71,200 level. The first key 
resistance is near the $71,650 level. A close above the $71,650 resistance 
might send the price further higher. In the stated case, the price could rise 
and test the $72,650 resistance or the 61.8% Fib retracement level of the 
downward move from the $75,998 swing high to the $67,342 low. Any more gains 
might send the price toward the $73,200 level. The next barrier for the bulls 
could be $73,500. Another Decline In BTC? If Bitcoin fails to rise above the 
$71,650 resistance zone, it could start another decline. Immediate support is 
near the $70,400 level. The first major support is near the $70,000 level. The 
next support is now near the $69,200 zone. Any more losses might send the 
price toward the $68,800 support in the near term. The main support now sits 
at $67,500, below which BTC might struggle to recover in the near term. 
Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish 
zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below 
the 50 level. Major Support Levels – $70,000, followed by $69,200. Major 
Resistance Levels – $71,200 and $71,650.

Bitcoin Price Hits Barriers, Can Bulls Overcome Key Resistance Levels?

Binance has published new guidance warning crypto projects and traders about 
market-making practices that can distort prices, drain liquidity, and erode 
community trust. What Is Crypto Market Manipulation? Binance Explains Key 
Warning Signs Binance, the world’s largest crypto exchange by volume released 
the guidance on Wednesday, outlining six behavioral red flags it says can 
indicate […]

Crypto Market Maker Warning: Binance Lists Six Red Flags Traders Should Know

Metanova Labs revolutionizes drug discovery by leveraging decentralized AI to 
screen billions of molecules efficiently.
The post Metanova Labs: Bittensor revolutionizes drug discovery with decentralized virtual screening, combinatorial reactions expand possibilities to 65 billion, and dual incentives drive innovation | TWIST appeared first on Crypto Briefing.

Metanova Labs: Bittensor revolutionizes drug discovery with decentralized virtual screening, combinatorial reactions expand possibilities to 65 billion, and dual incentives drive innovation | TWIST

The Ethereum price has jumped back above $2,100 despite broader market 
volatility, driven by aggressive whale accumulation and tightening supply. 
However, recent updates reveal that whales are now selling their ETH, likely 
taking profit after prices recovered slightly. The key question now is whether 
this increased selling pressure could trigger a decline in Ethereum, 
potentially pushing its price back below $2,000 once again. ETH Faces Heavy 
Selling From Whales After recording massive accumulations just last week, 
crypto whales are now back to selling ETH. A new report released on X by on- 
chain researcher ‘The DataNerd’ revealed that a 2-year-dormant Ethereum whale 
recently deposited a staggering 15,000 ETH, valued at approximately $30.97 
million, to the crypto exchange Coinbase. Based on the size and timing of the 
transfer, flagged by Arkham Intelligence, the dormant whale may be looking to 
sell or trade their ETH. Interestingly, the DataNerd disclosed that the whale 
was an early participant in Ethereum’s initial coin offering (ICO), meaning 
they bought ETH when the cryptocurrency first launched at an extremely low 
price. Related Reading: Ethereum Whales Are Making Money Again, But Will They 
Hold Or Sell? The post also mentioned that the whale used a dollar-cost 
averaging (DCA) strategy to buy 17,400 ETH at an average price of about $11.6 
per coin on Poloniex. Despite moving some ETH to Coinbase, the whale still 
holds 14,800 ETH in their wallet, worth roughly $30.5 million, showing they 
haven’t sold most of their holdings yet. Another recent large-scale ETH sell- 
off was identified by blockchain analytics platform Lookonchain on X. 
According to the report, an “EthereumOG” with the wallet address 0xa2F6 sold 
15,002 ETH on March 23, worth approximately $30.97 million. The data showed 
that the whale had previously received 172,700 ETH for $12.83 per coin a 
decade ago, valued at $2.2 million at the time. However, based on Ethereum’s 
price during the transaction, the whale’s holdings have gained by more than 
16,082%, reaching a whopping $356 million. How This Selling Pressure Affects 
The Ethereum Price The recent spikes in whale selling activity could have 
broader implications for Ethereum&#8217;s price. When large ICO whales move their 
holdings to a crypto exchange, it often signals that they may be preparing to 
sell. Such large-scale ETH deposits can create significant selling pressure on 
the market, as other traders closely watching the whale movements may react by 
selling or adjusting their positions. Related Reading: The 8-Year Ethereum 
Convergence That Says An Altcoin Season Stronger Than 2021 Is Coming This can 
trigger a chain reaction, putting short-term downward pressure on Ethereum’s 
price. The effect is even stronger when the whales involved are bigger and 
older, significantly increasing price volatility. With ETH trading around 
$2,100, persistent whale sell-offs could push its price lower, possibly 
sending it below $2,000. Its price has already fallen by more than 5%over the 
past seven days, according to CMC data, highlighting its underlying bearish 
momentum. Featured image from Getty Images, chart from Tradingview.com

Cryptocurrency price in KRW