Bitcoin Leads Crypto Surge as XRP, ETH, and Altcoins Post Sharp Daily Gains
Bitcoin rose 3.9% to $70,006, driving ETH, XRP, BNB, and Solana higher. Smaller altcoins like Derive DRV surged 68.9% leading gainers, with total market volume strong.

Bitcoin rose 3.9% to $70,006, driving ETH, XRP, BNB, and Solana higher. Smaller altcoins like Derive DRV surged 68.9% leading gainers, with total market volume strong.

Bloomberg Intelligence strategist Mike McGlone reiterates his $10,000 bitcoin price target, citing unfinished bear market. Several market analysts push back, arguing that such a drop would require a global liquidity crisis or even a nuclear war. Bitcoin currently trades near $70,000.

The source highlights ZKP’s move into Phase 2, cutting daily token releases to 190 million and burning unsold supply, while XRP trades at $2.16 and Render at $2.38. The focus shifts from large-cap tokens to a new fundraising and token supply story.

The Ethereum Foundation saw Josh Stark and Trent Van Epps depart within a week. With Tomasz Stańczak having left in February 2026, the foundation's publicly visible management now appears to be down to co-executive director Hsiao-Wei Wang.

Markets swung on US-Europe trade headlines, then stabilized. Bitcoin demand stays firm but execution limits surface. Bitcoin Everlight offers a lightweight transaction layer with second confirmations and optional anchoring. BTCL presale is live.

Nasdaq proposed rule changes for tokenized securities settling via DTC. SEC granted DTCC no-action relief to tokenize Russell 1000 stocks and ETFs from 2026. Institutions build multi-asset collateral systems to unlock liquidity.

Zebec Network has outlined its 2026 institutional compliance plan, combining Nacha membership confirmation, ISO 20022 alignment, and a NatPay integration with new goals around MiCA preparation, on-chain buyback transparency, and ZBCN tokenomics.

Brian Armstrong said the Senate crypto bill was delayed after Coinbase found several red-line issues in the draft, with stablecoin competition and bank interests at the center of the dispute.
