Morgan Stanley has proposed launching a spot Bitcoin ETF with a 0.14% fee, as outlined in its latest S-1 registration statement filed on Friday. The fee would sit one basis point below the Grayscale Bitcoin Mini Trust ETF and 11 basis points under BlackRock's iShares Bitcoin Trust ETF, potentially intensifying price competition among US spot Bitcoin funds.

Ethereum (ETH) fell 5% on March 26 and failed to retake $2.2k, putting renewed pressure on the $2k level as liquidations and staking exits rose. Long liquidations reached about $112 million the next day, while an early holder sold 7,302 ETH at $2,073 and the validator exit queue jumped from 288 to 63k in under a week. Despite the stress, exchange balances hit a 10-year low and net withdrawals included $1.67 billion on March 22, a setup that could support a rebound if selling pressure fades.

Strategy accumulated about 45,000 BTC over the past 30 days, marking its quickest 30-day buying pace in nearly a year. Over the same period, other corporate bitcoin treasury buyers collectively purchased under 1,000 BTC, as the sector’s activity and market share concentrated further around Strategy.

Kite (KITE) extended its bearish stretch after holder participation eased following a March 24 peak and derivatives traders leaned further short. Circulating supply stayed at 1.8 billion tokens, while market cap was down $57 million and price fell 11% over the past 24 hours. Perpetual metrics showed a sharply negative funding rate alongside Open Interest rising to $50.54 million, pointing to sustained downside risk.

Crypto markets weakened on Friday as traders refocused on rising Treasury yields rather than crude. Bitcoin fell back below $69,000 while ether also declined, with the U.S. 10-year yield hovering around 4.42% and hopes of near-term Iran de-escalation fading.

Siren (SIREN), a Binance-based memecoin, extended its sell-off by more than 62% across the last two trading days, trading at $0.875 at press time. Over a 24-hour window, its market cap fell from $1.835 billion to $637.42 million, while volume slipped 14.81% to $90.87 million. Derivatives data also leaned bearish, with $2.94 million in liquidations in the past 24 hours and short-side positioning outweighing longs at key levels.

US lawmakers unveiled a draft Digital Asset PARITY Act on Friday that would adjust tax rules for digital assets but drew criticism for leaving Bitcoin (BTC) outside key relief. The proposal would exempt certain stablecoin payments under $200 from gain/loss recognition if the token stays within 1% of its dollar peg, and it would let some proof-of-stake participants defer taxes on staking rewards. The Bitcoin Policy Institute urged lawmakers to extend similar treatment to miners and other block-reward recipients.

Solana saw a spike in forced liquidations over the past 24 hours, with $14.06 million wiped out and $13.1 million coming from long positions. Analysts said the selloff has left SOL trading near $87.65, with the $100–$110 area now acting as resistance and $80 highlighted as a key near-term support level.