Crypto World
Bitcoin Stares Down Recession as BlackRock CEO Joins Oil Price Warnings
Bitcoin (BTC) faces a new macro test as markets increasingly bet on the US entering recession in 2026.
Key points:
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Bitcoin could face a new challenge in the form of its first recession after the COVID-19 crash.
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US recession odds surge as BlackRock CEO Larry Fink warns over oil prices.
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Bitcoin’s high correlation with “extremely oversold” stocks continues.
Moody’s puts 12-month recession odds near 50%
Data highlighted this week by Axel Adler Jr., a contributor to onchain analytics platform CryptoQuant, shows recession odds nearing 50%.
Bitcoin’s next bull run could come courtesy of a US economic downturn, and market participants see the latter as more and more likely this year.
“Moody’s Analytics raised the probability of a U.S. recession over the next 12 months to 48.6%, while Goldman Sachs increased its estimate to 30%,” Adler noted on X.
Prediction traders agree, with US recession odds reaching 36% on Kalshi — the highest reading since September 2025.
The US-Iran war and its impact on global oil prices lie at the heart of the surge. Recent claims by both sides about dialogue to end hostilities and fully reopen the Strait of Hormuz have caused confusion throughout risk-asset markets.
“That’s keeping upside pressure on oil prices, which is recently crossing a key threshold historically associated with recession,” trading resource Mosaic Asset Company commented in the latest edition of its regular newsletter, “The Market Mosaic.”
Mosaic said that oil jumping 50% above its long-term trend, a phenomenon now playing out, “has been seen before or during nearly every recession over the past 50 years.”
“Oil prices are directly correlated to headline inflation, where a $10 increase per barrel can push inflation higher by 0.20% or more,” it added.
Major players echo those concerns, including Larry Fink, CEO of the world’s largest asset manager, BlackRock.
“We’ll have a global recession,” he told the BBC this week about the consequences of Iran staying a “threat” to the global economy, even if the war itself ended.
Bitcoin stays tied to “extremely oversold” stocks
Bitcoin has had little experience of recession in its lifespan of less than 20 years.
Related: Gold slides as traders eye sub-$50K BTC: Five things to know in Bitcoin this week
In 2020, a US recession from February to April preceded a period of major BTC price upside after BTC/USD initially joined risk assets in a global crash in March.
As Cointelegraph reported, Bitcoin’s correlation to US stocks has become stronger this year, potentially increasing the potential for a relief bounce.
“While the uncertainty over inflation and the outlook for monetary are broadly weighing across the market, conditions are very favorable to see at least a short-term rally unfold,” Mosaic commented.
“Various measures of investor sentiment and positioning are pointing to excessive bearishness in the market while breadth metrics are extending to extremely oversold levels.”
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
MARA Holdings (MARA) sold 15,133 bitcoin for approximately $1.1 billion between March 4 and March 25 to fund a major balance sheet overhaul.
The company is using the proceeds to repurchase roughly $1.0 billion of its 0.00% convertible senior notes due 2030 and 2031 at a discount.
In total, MARA will buy back $367.5 million of its 2030 notes for $322.9 million and $633.4 million of its 2031 notes for $589.9 million. The discounted purchases, about 9% below par, will generate approximately $88.1 million in value, said the company.
MARA was higher by 10% in premarket trading.
Beyond the immediate savings, the transaction materially reshapes MARA’s capital structure. The repurchases will reduce its convertible debt by around 30%, cutting total outstanding convertible notes from about $3.3 billion to $2.3 billion. This also reduces the risk of future shareholder dilution associated with conversions.
“Our decision to sell a portion of our bitcoin holdings reflects a strategic capital allocation move designed to strengthen our balance sheet and position the company for long-term growth,” said CEO Fred Thiel.
MARA now holds 38,689 BTC following the sale.
Key Takeaways
- Chewy shares climbed approximately 13% following 2026 revenue projections of $13.6B–$13.75B, surpassing Wall Street’s expectations
- Fourth-quarter revenue reached $3.26 billion, representing an 8.1% increase when accounting for the additional week in the prior-year period
- The customer base expanded 4% to 21.3 million active users; average spending per customer increased 2.2% to $591
- The company anticipates artificial intelligence initiatives will generate $50M+ in annual cost reductions by 2027, with initial savings in the “low tens of millions” projected for 2026
- The Chewy Vet Care network expanded to 18 facilities and represents the company’s fastest-expanding business line by customer spending
Chewy delivered fourth-quarter financial results on Wednesday that aligned with Wall Street projections, though it was the forward-looking 2026 guidance that sparked significant investor enthusiasm.
The online pet products platform issued full-year revenue guidance ranging from $13.6 billion to $13.75 billion. This forecast exceeded the analyst consensus estimate of $13.58 billion, propelling shares approximately 13% higher during Wednesday’s session to close near $26.50.
Fourth-quarter revenue totaled $3.26 billion, representing a 0.5% increase on a reported basis and an 8.1% gain after adjusting for the calendar discrepancy with the previous year’s comparable quarter. This figure aligned with analyst projections. Gross profit margin expanded by 90 basis points to reach 29.4%, while adjusted EBITDA increased from $124.5 million to $162.3 million.
Adjusted earnings per share registered at $0.27, falling one cent short of the $0.28 Street consensus. On a GAAP basis, net income reached $39.2 million, or $0.09 per diluted share, compared to $22.8 million in the year-ago period.
The active customer count rose 4% year-over-year to 21.3 million users. Net sales per active customer increased 2.2% to $591. Chief Executive Officer Sumit Singh highlighted that pet parents are progressively viewing their animals as family members and upgrading to higher-quality, premium offerings — a behavioral shift he anticipates will persist.
Chief Financial Officer Chris Deppe clarified that the 2026 guidance assumes zero pricing inflation. Revenue expansion is projected to stem from attracting new customers alongside increased wallet share from the existing base.
Artificial Intelligence Driving Operational Efficiency
Chewy has invested in AI technology infrastructure over recent quarters and is now implementing these systems across various operational areas, including customer service, logistics networks, and distribution centers.
Singh indicated that AI-powered operational improvements are expected to generate benefits in the “low tens of millions” during 2026, scaling to approximately $50 million or greater in annualized cost savings by 2027. The retailer is simultaneously increasing capacity at its advanced fulfillment facility in Houston as part of the comprehensive efficiency initiative.
For the first quarter of fiscal 2026, Chewy projected revenue between $3.33 billion and $3.36 billion with adjusted earnings per share ranging from $0.40 to $0.45, figures that generally matched analyst forecasts.
Veterinary Services Footprint Growing
Chewy Vet Care expanded by 10 additional locations throughout fiscal 2025, elevating the total practice count to 18 facilities. CVC presently operates across five states, with strategic plans for nationwide rollout.
Singh reported that CVC performance is surpassing internal projections regarding customer satisfaction metrics and is serving as an effective customer acquisition channel that deepens relationships with premium-tier customers. Management characterized it as the fastest-expanding business segment measured by net sales per active customer.
The company also finalized its acquisition of SmartEquine, a digital platform focused on equine health management. This transaction is projected to contribute approximately $80 million in net sales during 2026 — representing less than 1% of consolidated revenue, though it demonstrates strategic diversification beyond companion animals.
Notwithstanding Wednesday’s sharp rally, Chewy stock has declined nearly 20% over the trailing twelve months and continues trading substantially below its 52-week peak of $48.62.
As can be observed on the XAG/USD chart, the price of silver has once again dropped below the psychological $70 level. At the same time, this week has been marked by sharp fluctuations: on Monday, prices traded below $65, while as recently as yesterday, silver reached $74 per ounce.
Market volatility is being driven by ongoing geopolitical uncertainty. Conflicting statements from the United States and Iran regarding potential peace negotiations continue to unsettle financial markets. According to media reports:
→ Washington maintains that negotiations are ongoing, with the Trump administration reportedly delivering a 15-point proposal to Iran via intermediaries, aimed at resolving the conflict and reopening the Strait of Hormuz.
→ Iran, in turn, has stated that it does not intend to negotiate with the US, rejecting the proposed ceasefire and instead putting forward its own conditions.
On the morning of 19 March, analysing the XAG/USD chart, we:
→ concluded that the market was under significant pressure;
→ identified and plotted a descending channel (marked in red) on the silver price chart;
→ suggested that the channel’s median line could act as near-term resistance, thereby validating the structure.
Indeed, subsequent price action confirmed this framework, as indicated by the arrows:
→ the lower boundary acted as support on the same day;
→ yesterday, price reversed lower from the median line (which shifted from support to resistance), reinforcing the prevailing bearish sentiment observed throughout March.
From a bullish perspective:
→ the break below the 6 February low around the $64 level highlights aggressive demand — so-called “smart money” may have absorbed liquidity in this zone, positioning for higher prices;
→ silver may be in the process of forming an inverse head and shoulders pattern.
However, as long as price continues to trade below the red median line of the active channel, it would be premature to speak of any meaningful bullish conviction.
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Tazapay, a cross-border payment infrastructure provider, has closed an extension to its Series B funding round, lifting total funding to $36 million. The extension was led by Circle Ventures and included participation from Coinbase Ventures, CMT Digital, Peak XV Partners and Ripple. The new capital will be used to expand digital settlement technology for cross-border payments, secure additional licenses, broaden geographic reach across Asia, Latin America, the Middle East and the Americas, and build infrastructure for what the company calls “agentic payments.”
Tazapay serves more than 1,000 enterprises and fintechs across 30 countries, and holds licenses in Singapore, Canada, Australia and the United States, with active applications underway in the European Union, United Arab Emirates and Hong Kong. “The demand we’re seeing from enterprises and fintechs across Asia, LATAM, and the Middle East is unmistakable; businesses want to move money faster, cheaper, and with full regulatory confidence,” said Kanupriya Sharda, chief business officer at Tazapay.
Cointelegraph asked Tazapay for the size of the extension tranche and the company’s valuation, but did not receive a response by publication.
Related: Ripple joins Singapore sandbox to test RLUSD in trade finance
Key takeaways
- Tazapay’s Series B extension brings total fundraising to $36 million, with Circle Ventures leading and participation from Coinbase Ventures, CMT Digital, Peak XV Partners and Ripple.
- The fresh capital targets expansion of cross-border digital settlement tech, licensing pursuits, and regional growth into Asia, LATAM, the Middle East and the Americas, plus development of “agentic payments.”
- The funding news comes against a backdrop of growing interest in stablecoin–based cross-border rails, with Ripple expanding its institutional stablecoin platform to over 60 markets and processing more than $100 billion in volume.
- Other early-stage fintechs are also scaling stablecoin–fiat payment networks, such as Conduit, which raised $36 million in May 2025 to broaden its fiat and stablecoin offerings and serve as an alternative to SWIFT.
- Regulatory licensing, interoperability, and real-world adoption remain pivotal for pushing these rails from pilots to mainstream use.
Tazapay’s expansion blueprint and regulatory footprint
According to the company, the new funding will accelerate the rollout of its cross-border settlement technology by pursuing additional licensing and expanding in key regions, including Asia, Latin America, the Middle East and the Americas. Tazapay currently maintains licenses in Singapore, Canada, Australia and the United States, with active applications in the European Union, United Arab Emirates and Hong Kong. The firm reported serving more than 1,000 enterprises and fintechs across 30 markets, underscoring growing demand for faster, cheaper, and regulation-compliant cross-border payments. The chief business officer, Kanupriya Sharda, highlighted “unmistakable” demand from enterprises and fintechs across Asia, LATAM, and the Middle East for improved money movement capabilities.
Stablecoins and the race to upgrade cross-border rails
The extension of Tazapay’s Series B comes as a wave of fintech and crypto companies push to embed stablecoins into cross-border payment workflows. Ripple, for example, has expanded Ripple Payments into an end-to-end stablecoin and fiat platform for banks and fintechs. The platform is live in more than 60 markets and has processed over $100 billion in volume, signaling a meaningful move toward institutional-grade stablecoin rails in global payments.
In the same ecosystem, regulatory and sandbox activity around stablecoins continues. For instance, Ripple recently joined Singapore’s sandbox to test RLUSD in trade finance, illustrating how regulated pilots are shaping the rollout of new settlement tools across jurisdictions.
Beyond Tazapay and Ripple, the market has seen other notable fundraising tied to cross-border rails. In May 2025, Conduit announced a $36 million Series A round led by Dragonfly and Altos Ventures to scale its fiat and stablecoin payment network, positioning the project as a potential alternative to traditional messaging corridors such as SWIFT.
These developments reflect a broader industry shift: a push to replace or augment legacy rails with programmable, regulator-friendly settlement networks built on stablecoins and crypto rails, designed to cut settlement times and costs while preserving compliance and risk controls.
What this means for readers and market watchers
For investors, Tazapay’s extension signals continued appetite for platforms that can operationalize cross-border liquidity with robust licensing and multi-jurisdictional reach. For enterprises and fintechs, the move reinforces a trend toward using stablecoin-based settlement to reduce friction in international payments while maintaining regulatory confidence. For builders, the emphasis on “agentic payments”—where payment flows can be orchestrated and automated at the edge of networks—points to a future where payment rails are more integrated with enterprise workflows and financial ecosystems.
As the sector scales, observers will want to watch licensing progress, regional execution, and the ability of these platforms to deliver truly cost-effective and faster settlement at scale. Regulatory clarity across key markets—especially around stablecoins and cross-border fintech operations—will continue to shape how quickly and broadly these rails can be adopted.
Readers should keep an eye on further disclosures from Tazapay about the extension’s size and valuation, as well as ongoing updates from Ripple, Conduit and other players as they publish new milestones and regulatory milestones in the coming quarters.
The story continues to unfold as more regional licenses, pilot programs, and enterprise deployments come online, potentially reshaping the architecture of global payments over the next few years.
If last Thursday trading was taking place below the 1.6300 level, today one euro is worth more than 1.6660 Australian dollars. The upward trend seen in recent days has been driven by a combination of factors, including:
→ Bullish factor for the euro: The European Central Bank (ECB) has revised its 2026 inflation forecast upwards (to 2.6%). The reason lies in the Middle East conflict and rising energy prices. This signals to the market that the ECB may not only refrain from cutting rates but could also begin discussing potential rate hikes this year.
→ Bearish factor for the Australian dollar: The Middle East conflict is placing significant pressure on China’s economy (which is already dealing with a property market crisis). A slowdown in trade with China is weakening the Australian currency. For more details, see the article: What Are Commodity Currencies?
However, the chart indicates that the bullish momentum is fading — this is reflected in a series of bearish divergences, with the RSI moving down from overbought territory.
Continuing the technical analysis of the EUR/AUD chart, it can be observed that price fluctuations have formed a long-term descending channel. In this context:
→ Bulls have shown initiative: after touching the lower boundary of the channel, they (as marked by arrows) gradually took control over intermediate channel levels.
→ The current situation can be interpreted as a period of short-term consolidation (with the formation of a narrowing triangle pattern). The triangle may have been broken this morning, but Australia’s inflation report came in line with expectations — and the market continues to consolidate.
If we assume that bulls manage to gather enough strength for another upward push, they may face a significant test in the form of a resistance zone:
→ the March high around the 1.6730 level;
→ the upper boundary of the descending channel.
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Crypto World
Bitcoin Realized Price Signals Fragile Market Structure as 92% of Short-Term Holders Sit at a Loss
TLDR:
- Around 92% of short-term holders are currently at a loss, holding approximately 5.7 million BTC below cost basis.
- Strategy’s realized price of $75,600 across 762,000 BTC aligns directly with where Bitcoin’s recent rally was rejected.
- Bitcoin’s network-wide realized price sits near $54,000, a level historically revisited or traded below in bear markets.
- CryptoQuant data show overlapping cost-basis levels above the spot price, creating significant resistance to any Bitcoin recovery attempt.
Bitcoin realized price metrics are drawing close attention from market analysts worldwide. On-chain data shows the price is currently interacting with multiple critical cost basis levels.
Bitcoin is trading around $70,000, with key resistance visible both above and below the current spot price. CryptoQuant recently published an analysis covering short-term holders, a major institutional buyer, and broader network cost averages.
Together, these overlapping thresholds are shaping what analysts describe as a fragile market structure.
Short-Term Holders Sit in Loss as Sell Pressure Mounts
Short-term holders are currently carrying heavy unrealized losses at today’s Bitcoin price. CryptoQuant data shows this cohort holds approximately 5.7 million BTC in total.
Of that amount, only around 8% are currently sitting in profit. The remaining 92% are at a loss at current price levels.
This distribution creates what analysts call a large supply overhang in the market. When most holders are underwater, price rallies often invite immediate selling activity.
Recent buyers tend to use bounces as opportunities to recover their cost basis. That behavior consistently limits how far short-term recoveries can extend.
The short-term holder’s realized price is currently positioned above Bitcoin’s spot price near $70,000. CryptoQuant stated that “recent buyers are underwater, creating sell pressure on every bounce.”
That cost basis level is now acting as overhead resistance on the chart. Price must reclaim it clearly before sentiment can meaningfully shift for this group.
Until short-term holders move back into profit territory, recovery attempts will likely face continued resistance. The volume of BTC held at a loss adds weight to every rally attempt made. Analysts are monitoring the profit-to-loss ratio closely for any early signs of a broader market shift.
Strategy’s Cost Basis and the Network Realized Price Frame the Trading Range
Strategy’s Bitcoin holdings are also playing a visible role in shaping current market resistance. The firm holds approximately 762,000 BTC with an average cost basis of around $75,600.
CryptoQuant noted that this level aligns directly with where the recent rally faced rejection. That overlap is drawing attention from on-chain analysts tracking large institutional cost basis data.
Large holders with unrealized losses near a price zone can create meaningful resistance for the market. When price approaches their average cost basis, those holders tend to manage risk through selling.
This dynamic appears to have played out during the recent failed push beyond $75,000. CryptoQuant’s data supports this reading of the market’s rejection at that level.
The broader Bitcoin realized price, representing the average cost basis across all holders, currently sits near $54,000.
Historically, during bear markets, price tends to revisit or trade below this level for extended periods. This makes the $54,000 zone a key reference point for analysts monitoring potential downside risk.
Taken together, these three levels frame the current environment for Bitcoin market participants. Resistance from the short-term holder’s cost basis and Strategy’s realized price sits above spot.
The network-wide average near $54,000 remains a potential downside target if conditions deteriorate further. Traders are watching all three levels closely as price action continues to develop.
U.S.-listed cryptocurrency exchange Coinbase (COIN) is working with Fannie Mae-approved mortgage firm Better Home & Finance Holding Co. (BETR), to enable crypto holders to use their digital assets as down payment collateral when buying a home.
The mortgage is structured as a conforming loan backed by Fannie Mae, meaning it carries the same protections and standards as traditional mortgages, according to a press release on Thursday.
Borrowers pledge bitcoin or the USDC stablecoin as collateral to fund their down payment, allowing them to keep their assets intact and avoid creating a taxable event by spending them. In the case of USDC, they can keep earnings rewards, Coinbase said.
Some 41% of American families fail to buy a home because they don’t have enough funds for the down payment, even though they have money elsewhere in savings, Better founder Vishal Garg said in an interview.
Average homebuyers have been squeezed by increases in interest rates while house prices stay the same, Garg said. Someone looking to buy a $400,000 property, for example, might struggle to find the $40,000 cash down payment, and face a quagmire of legal and tax requirements when trying to sell assets to make the amount, he said.
Provided the consumer is a crypto holder on Coinbase, they can avoid having to file all manner of “crazy stuff,” Garg said, and simply transfer their digital assets from the exchange to a custody wallet with Better while retaining ownership rights.
If Better had previously been accepting crypto as downpayment collateral, “we would have funded maybe 40 billion more of consumer demand over the past few years,” Garg added.
There have been other advances in the crypto-backed mortgages, including some that use Coinbase as custodian. However, the emphasis has tended to be on wealth management and relatively high-end purchases, rather than catering to the average Joe.
In February 2023, Better allowed Amazon (AMZN) employees to pledge their stock as collateral for a loan to cover the down payment on a house purchase, albeit at a slightly higher interest rate.
A spokesman for Coinbase said via email that the rates for the crypto-backed mortgages will be higher than a standard 30-year by between half a percentage point and 1.5 percentage points, depending on the consumer profile.
The token-backed mortgages would be free of margin calls and top-ups, according to a press release. If BTC drops in value, the mortgage terms remain unchanged and no additional collateral is required. Market movements alone never trigger liquidation, Coinbase said.
Borrowers’ collateral is at risk of liquidation only in the event of a 60-day payment delinquency, similar to conventional mortgages, it said.
The product is “as American as apple pie,” said Coinbase’s head of consumer and platform business development, Mark Troianovski, in an interview with CoinDesk.
“People who are sitting on Bitcoin or USDC can put a roof over their head without needing to sell it, without needing to incur capital gains,” Troianovski said. “We are giving people access to housing in a way that is very similar to how private bankers serve some of the wealthiest customers. They don’t sell assets to buy stuff; they actually take loans against assets.”
TLDR:
- Zepz transferred over $17 billion in 2025, serving migrant workers sending funds across 130+ countries.
- The Sendwave Wallet, built on Solana, lets customers send and store USDC across more than 100 countries.
- TRM Labs has supported Zepz’s stablecoin compliance framework since April 2025, covering AML and sanctions risk.
- Customers can hold USDC instead of converting immediately, offering more control in currency-volatile regions.
Stablecoin remittances are taking a new step forward with a partnership between TRM Labs and Zepz. The collaboration supports the global expansion of the Sendwave Wallet, a stablecoin product built on Solana.
Zepz, the company behind WorldRemit and Sendwave, serves migrant communities across 130+ countries. TRM Labs will provide blockchain intelligence to support financial crime risk management. Together, they aim to scale digital asset-based remittances responsibly across global markets.
Sendwave Wallet Targets Migrant Communities Worldwide
Zepz transferred more than $17 billion for its customers in 2025. The company primarily serves migrant workers who send money to family members monthly.
Many of those recipients live in regions with currency instability or limited banking access. The Sendwave Wallet was built directly in response to those needs.
Launched in October 2025, the wallet operates on the Solana blockchain. It enables customers to send and store USDC across more than 100 countries.
Transfers are near-instant, affordable, and reliable within the Sendwave ecosystem. This gives migrant workers a faster alternative to traditional remittance channels.
TRM Labs described the partnership on X, noting that stablecoins are changing how remittances work. The firm noted that the Sendwave Wallet was designed to support migrant communities globally.
It also confirmed that blockchain intelligence would help strengthen risk management as the platform scales. The post further addressed compliance support as Zepz enters new markets.
Rather than converting funds immediately into local currency, customers can hold USDC. They decide when and how to cash out based on current market conditions.
This feature is especially useful in countries facing frequent currency fluctuations. The model offers more financial control compared to traditional remittance services.
TRM Labs Embeds Compliance Tools into Stablecoin Infrastructure
TRM Labs began working with Zepz in April 2025 on its stablecoin products. The company helped design financial crime controls for the Sendwave Wallet infrastructure.
These controls address sanctions risk, anti-money laundering requirements, and transaction monitoring. Integrating these tools from the start creates a stronger compliance foundation.
TRM’s blockchain intelligence platform enables real-time monitoring of on-chain activity. It helps organizations detect illicit transactions and manage risk across digital assets.
As Zepz expands into new markets, these capabilities become increasingly necessary. Global regulators are paying closer attention to digital asset-based payment platforms.
Will Bell, Business Lead at TRM Labs, shared his perspective on the collaboration. He said the platform helps organizations monitor activity in real time and manage risk exposure.
Bell added that Zepz is combining payment innovation with strong operational safeguards. He noted the goal is to scale digital asset products in line with regulatory expectations.
Zaheer Jassat, VP of Product at Zepz, also commented on the collaboration. He said customers trust Zepz with something personal — supporting family members across borders.
Partnering with TRM, he noted, strengthens Zepz’s ability to manage risk responsibly. Customers can now send, store, and spend stablecoins with greater confidence.
Key Highlights
- British authorities sanction Xinbi cryptocurrency platform disrupting international fraud networks
- Platform facilitated stolen data transactions and enabled transnational crypto fraud schemes
- Cambodian fraud centers connected to human trafficking face escalating UK enforcement
- UK-US collaboration drives major seizures and dismantling of scam infrastructure
- Enforcement targets cryptocurrency channels funding widespread online fraud operations
British authorities have announced comprehensive sanctions against a significant Crypto Scam infrastructure operating throughout Southeast Asia. Officials seek to disable cryptocurrency platforms facilitating widespread internet fraud and human rights violations. This enforcement action represents an escalation in efforts to dismantle organized digital fraud systems harming UK citizens and victims worldwide.
Britain Sanctions Xinbi Platform in Enforcement Action
British regulators designated Xinbi, a digital currency exchange connected to Southeast Asian Crypto Scam networks, for sanctions. This platform enabled illicit trading of compromised personal information and resources utilized in coordinated fraud campaigns. Officials intend to undermine the financial infrastructure sustaining these criminal operations.
The Xinbi platform served fraudulent call centers by providing cryptocurrency services enabling cross-border payments and untraceable financial movements. The marketplace also supplied satellite communications technology allowing fraud operators to contact targets internationally. These functions expanded both the scope and effectiveness of criminal fraud networks.
Sanctions measures block Xinbi from accessing authorized cryptocurrency infrastructures and constrain its operational capacity. Authorities anticipate significant disruption throughout associated fraudulent enterprises. This enforcement follows previous actions that dismantled BYEX, another platform supporting digital currency fraud.
Cambodian Fraud Compounds Connected to Human Trafficking Operations
Investigators established connections between criminal fraud networks and extensive facilities throughout Cambodia and surrounding territories. These installations employed fraudulent employment advertisements to traffic foreign workers into coerced fraud activities. Victims subsequently endured intimidation and mistreatment while executing online scam operations.
Authorities identified the #8 Park facility as among the most significant compounds supporting these criminal enterprises. Reports indicate this location held as many as 20,000 trafficked persons compelled to participate in internet fraud schemes. The enforcement campaign directly confronts a critical node within the organized fraud infrastructure.
British officials also sanctioned Legend Innovation Co., the entity controlling the #8 Park complex associated with the Prince Group. Furthermore, regulators targeted prominent individuals overseeing financial channels linked to fraudulent activities. These measures seek to destabilize command structures directing these operations.
Global Collaboration Strengthens Enforcement Campaigns
British authorities synchronized earlier sanctions with American counterparts against the Prince Group and its leadership. These coordinated actions sparked regional investigations and property confiscations surpassing £1 billion in value. Sustained enforcement pressure progressively weakens the broader criminal network.
Cambodian law enforcement has amplified domestic operations following international partnership efforts. Officials documented numerous enforcement actions, facility shutdowns, and liberation of trafficking victims. These developments demonstrate increasing regional opposition to organized digital fraud enterprises.
The UK intends to strengthen international collaboration through forthcoming financial crime programs and strategic alliances. Authorities will concentrate on monitoring illicit cryptocurrency transactions and disrupting transnational fraud infrastructure. Ongoing enforcement operations aim to diminish the worldwide influence of organized digital fraud systems.
Hyperliquid’s HYPE is trading at $39, down almost 4% in the last 24 hours, but in the longer-term, the price chart tells a different prediction. A rising channel pattern in place since January 2026 remains structurally intact, and the question of whether $50 is achievable isn’t as outlandish as the daily candle suggests.
The catalyst mix last week was unusually strong. Hyperliquid launched an exclusive S&P 500 perpetual contract through a licensed deal with S&P Dow Jones Indices, covered by both the Wall Street Journal and Bloomberg.
HIP-3 open interest has hit $1.7 billion with 24-hour volume reaching $5.9 billion. Coinbase also enabled USDC transfers on HyperEVM. Fiat onboarding via credit card and bank deposit went live in select regions through a Swapped integration, a genuinely significant friction reduction for new traders.
Despite the micro pullback, broader market pressure from U.S.-Iran diplomatic uncertainty is the more likely culprit than any Hyperliquid weakness. The platform’s fundamentals are moving in one direction, and price is catching up.
Discover: The best pre-launch token sales
HYPE Price Prediction: Will Hyperliquid Hit $50 Before Q2?
At $39, HYPE sits near the lower boundary of its rising channel and just above the key support cluster at $37.
Resistance levels stack at $42. Breaking through this with volume would reopen the path toward the recent $44 high. From there, $50 requires roughly a 33% move from current levels, aggressive, but not unprecedented for an asset that has gained more than 140% over the past year.
The S&P 500 perp launch, running 24/7 with no traditional market hours, is the kind of product that attracts institutional-adjacent volume. That’s not priced in yet.
Discover: The best crypto to diversify your portfolio with
LiquidChain Targets Early Mover Upside as HYPE Tests Key Levels
HYPE’s rally potential is real, but a 33% move on a $4B+ market cap asset moves slower than infrastructure plays at the ground floor. Traders watching HYPE’s channel breakout while also tracking where liquidity infrastructure is heading might find the asymmetry elsewhere, specifically at the untapped L3 layer, where fragmentation is still an unsolved problem.
LiquidChain ($LIQUID) is a Layer 3 infrastructure project built around a single thesis: fuse Bitcoin, Ethereum, and Solana liquidity into one execution environment. No bridge hopping. No split deployments. Its Unified Liquidity Layer enables Single-Step Execution across chains, with Verifiable Settlement and a Deploy-Once Architecture that lets developers ship once and access all three ecosystems.
A new layer emerges. Only a few see it first. — LiquidChain (@getliquidchain) March 24, 2026
The future is LiquidChain 
⟁https://t.co/vqvBcdSj94 pic.twitter.com/R7ZeZ0NPGl
The presale is currently at $0.014 per $LIQUID, with more than $600K raised, and a 1700% APY staking rewards. For traders tracking cross-chain liquidity narratives, the entry price is worth examining.
This article is not financial advice. Crypto assets are volatile. Do your own research before making any investment decisions.
The post HYPE Price Prediction: $50 Rally? Why Not appeared first on Cryptonews.
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