Passive Income Pilot

Passive Income Pilot

by Passive Income Pilot Team

Bitcoin is back in ‘FOMO territory’ after crossing $70K

Market intelligence firm Santiment reports that social media chatter has officially entered the "FOMO Zone" following Bitcoin's recovery above $70,000 this week. Driven by easing geopolitical tensions and cooling oil prices, the "crowd greed" threshold has reached its third-highest reading for March, signaling a rapid shift in sentiment that could trigger high volatility as retail buyers rush back into the market.

Arthur Hayes says he’s waiting to buy Bitcoin until Fed eases policy

BitMEX co-founder Arthur Hayes has paused his Bitcoin accumulation, stating he will not deploy fresh capital until the Federal Reserve resumes "money printing" to support the economy. Despite maintaining a long-term target of $250,000 for 2026, Hayes warned that escalating geopolitical tensions and a lack of net liquidity could trigger a "bull trap" and push prices back below the $60,000 mark.

Ripple targets April for Australian financial license via acquisition

Ripple has announced plans to secure a critical Australian Financial Services License (AFSL) by acquiring BC Payments Australia, a subsidiary of the Banking Circle Group. Expected to close on April 1, 2026, this move allows Ripple to bypass a lengthy application process and manage the "full lifecycle" of transactions—from compliance to final payout—directly within Australia’s regulated financial system.

Kalshi suffers court loss in Ohio over sports betting lawsuit

A federal judge in Ohio has denied Kalshi’s request to block state regulators from enforcing gambling laws against its sports-event contracts. The court rejected Kalshi’s argument that its prediction markets are "swaps" under exclusive federal CFTC jurisdiction, ruling instead that there is no evidence Congress intended to override state sports betting laws. This decision allows the Ohio Casino Control Commission to treat these contracts as illegal, unlicensed gambling while the broader lawsuit continues.

Here’s what happened in crypto today

Bitcoin is ending the week with a strong push, successfully reclaiming the $71,000 support level. This relief rally comes amidst a backdrop of weak US economic data and shifting political tides.

Ether funding rate flips negative. Are ETH bears back in control.

Ethereum’s perpetual funding rate has dipped into negative territory for the first time in weeks, signaling that short sellers are now paying long traders to maintain their positions. While this often points to bearish sentiment, analysts suggest this "positioning imbalance" could act as "coiled energy" for a massive short squeeze, especially as spot ETH ETF inflows reached $185 million this week.

Circle shares surge as Bernstein sees upside from stablecoin adoption

Circle Internet Group (CRCL) shares have surged nearly 50% year-to-date, recently hitting $118 as analysts at Bernstein set a bullish $190 price target. This rally is driven by the "decoupling" of stablecoins from broader crypto volatility, fueled by the 2025 GENIUS Act's regulatory clarity and USDC’s expanding role in global payments, cross-border settlements, and emerging AI-agent transactions.

BitGo to custody digital assets for StableX’s $100M stablecoin plan

In a major institutional move this March 2026, BitGo has been appointed as the official custodian for StableX Technologies' ambitious $100 million digital asset treasury. StableX, a Nasdaq-listed firm (SBLX) that recently pivoted from electric vehicles to crypto infrastructure, is focusing its "pureplay" strategy on acquiring tokens that power the stablecoin ecosystem, such as Chainlink (LINK) and FLUID, signaling a shift in corporate treasury strategies beyond just Bitcoin.

SEC chair calls for ‘coordinated oversight‘ between US regulators

SEC Chairman Paul Atkins and CFTC Chairman Michael Selig have signed a historic Memorandum of Understanding (MOU) to end the "regrettable era" of regulatory turf wars. This March 2026 agreement establishes a Joint Harmonization Initiative to align product definitions and enforcement strategies, aiming to provide a "fit-for-purpose" framework that prevents crypto firms from being shuffled between conflicting agency rules.

Bitcoin leads, altcoin indicators drop to intriguing lows. Time for an alt season

As Bitcoin maintains its dominance above $72,000, key altcoin metrics have plunged to levels historically associated with market bottoms. With the Altcoin Season Index currently sitting at a low of 35-40 and nearly 37% of altcoins trading near all-time lows, analysts are debating whether the current "Bitcoin Season" is nearing exhaustion or if a major risk-on rotation is about to ignite.

4 of 6