{"id":95241,"date":"2026-03-15T18:41:19","date_gmt":"2026-03-15T15:41:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=95241"},"modified":"2026-03-15T18:46:49","modified_gmt":"2026-03-15T15:46:49","slug":"week-in-review-20m-btc-mined-us-treasury-recognises-privacy-rights","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/week-in-review-20m-btc-mined-us-treasury-recognises-privacy-rights\/","title":{"rendered":"Week in review: 20m BTC mined; US Treasury recognises privacy rights"},"content":{"rendered":"<p>Fewer than 1 million bitcoins remain to be mined; the US Treasury acknowledged crypto mixers as a tool to protect the right to privacy; Hyperliquid crossed $4 trillion in trading volumes; and other events of the week.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin stuck in a range<\/h2>\n<p>On March 9 the price of the first cryptocurrency briefly <a href=\"https:\/\/forklog.com\/en\/news\/bitcoins-brief-dip-to-65700-amidst-macroeconomic-factors\">dipped<\/a> to around $65,700. Macro factors, including rising oil prices, were the main cause.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"646\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-fcd061661e43fb30-8805114048452537-1024x646.png\" alt=\"image\" class=\"wp-image-276774\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-fcd061661e43fb30-8805114048452537-1024x646.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-fcd061661e43fb30-8805114048452537-300x189.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-fcd061661e43fb30-8805114048452537-768x484.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-fcd061661e43fb30-8805114048452537.png 1327w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly BTC\/USD chart on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Digital gold quickly <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-recovers-weekend-losses-tests-70000\">reversed the drop<\/a>, rebounding above $70,000. The move came amid falling oil quotes and rising equity indices.<\/p>\n<p>Analysts noted that in a period of instability bitcoin held up markedly better than traditional assets.<\/p>\n<p>An attempt to extend the uptrend with a test of $74,000 ended with a pullback to around $71,500.<\/p>\n<p>Over the week the coin gained almost 6.5%.<\/p>\n<p>Amid the sideways price action, spot BTC-<a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a>s posted net inflows for five straight trading days for the first time this year. Cumulative inflows reached $767.3 million.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"311\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-c1566bdb278339c0-8805114080867263-1024x311.jpeg\" alt=\"image\" class=\"wp-image-276775\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-c1566bdb278339c0-8805114080867263-1024x311.jpeg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-c1566bdb278339c0-8805114080867263-300x91.jpeg 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-c1566bdb278339c0-8805114080867263-768x233.jpeg 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-c1566bdb278339c0-8805114080867263.jpeg 1534w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-btc-spot\">SoSoValue<\/a>.\u00a0<\/figcaption><\/figure>\n<p>Some large altcoins outpaced the flagship by performance. Ethereum, up 7.6%, held above $2000. Solana rose 7.1%, Dogecoin 7.7%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"580\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-d596d742b89992d7-8805114093280738-1024x580.jpeg\" alt=\"image\" class=\"wp-image-276776\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-d596d742b89992d7-8805114093280738-1024x580.jpeg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-d596d742b89992d7-8805114093280738-300x170.jpeg 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-d596d742b89992d7-8805114093280738-768x435.jpeg 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-d596d742b89992d7-8805114093280738.jpeg 1275w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>As of March 15 the total market capitalisation of digital assets is $2.5 trillion. Bitcoin dominance stands at 57%, Ethereum at 10%.<\/p>\n<p>The <a href=\"https:\/\/forklog.com\/en\/news\/what-is-cryptos-fear-and-greed-index\">crypto fear and greed index<\/a> remains at an extreme low of 15 points.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-0d80334af0d4776f-8805114078465127.webp\" alt=\"image\" class=\"wp-image-276778\"\/><figcaption class=\"wp-element-caption\">Crypto fear and greed index. Source: <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">Alternative<\/a>.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Fewer than 1 million bitcoins remain to be mined<\/h2>\n<p>On March 9 the amount of unminted coins in the first cryptocurrency <a href=\"https:\/\/forklog.com\/en\/news\/fewer-than-1-million-bitcoins-remain-to-be-mined\">hit<\/a> 1 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-89889d7bcb7fe600-8805114064491045.webp\" alt=\"image\" class=\"wp-image-276779\"\/><figcaption class=\"wp-element-caption\">Source: BitBo.<\/figcaption><\/figure>\n<p>Today more than 95% of the maximum 21 million BTC supply is available. The blockchain continues to run on a fixed issuance schedule:<\/p>\n<ul class=\"wp-block-list\">\n<li>on average miners add 144 blocks per day;<\/li>\n<li>every 2016 blocks are produced in roughly two weeks.<\/li>\n<\/ul>\n<p>The reward for a mined block halves every 210,000 blocks. <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-bitcoin-halving\">Halving<\/a> occurs about once every four years. After such an event <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-undergoes-fourth-halving\">in 2024<\/a> the reward is 3.125 BTC per block.<\/p>\n<p>The network crossed the 20 million mark in just over 17 years; producing the final million coins will take nearly 114 years.<\/p>\n<p>Meanwhile miners continue to diversify into serving the AI market, VanEck <a href=\"https:\/\/forklog.com\/en\/news\/vaneck-bitcoin-miners-strike-gold-amid-ai-energy-shortage\">noted<\/a>. Matthew Sigel, head of digital assets, believes miners\u2019 access to increasingly scarce electricity makes their shares among the most attractive assets.<\/p>\n<p>Analysts at Hashrate Index <a href=\"https:\/\/forklog.com\/en\/news\/oil-crisis-to-impact-bitcoin-miners-through-price-volatility-say-analysts\">warned<\/a> of the negative impact of the war in Iran on bitcoin miners\u2019 businesses. In their view, the consequences of the international conflict will hit less through higher electricity prices from a spike in oil prices than through the cryptocurrency\u2019s own volatility.<\/p>\n<p>Wintermute <a href=\"https:\/\/forklog.com\/en\/news\/wintermute-declares-traditional-bitcoin-mining-model-obsolete\">said<\/a> the traditional business model of miners is no longer relevant. To survive, firms will either have to pivot to AI hosting or learn to manage BTC reserves as working capital, the company argued.<\/p>\n<h2 class=\"wp-block-heading\">What to discuss with friends?<\/h2>\n<ul class=\"wp-block-list\">\n<li>A study <a href=\"https:\/\/forklog.com\/en\/news\/study-reveals-increased-workload-following-ai-adoption\">confirmed<\/a> rising workloads after mass AI adoption.<\/li>\n<li>A user <a href=\"https:\/\/forklog.com\/en\/news\/investor-loses-50-million-in-token-swap-on-aave\">lost<\/a> $50 million swapping tokens on Aave.\u00a0<\/li>\n<li>China\u2019s cyber centre <a href=\"https:\/\/forklog.com\/en\/news\/chinas-cyber-centre-warns-of-openclaw-risks-amidst-national-surge\">warned<\/a> of risks linked to OpenClaw.<\/li>\n<li>The AI boom <a href=\"https:\/\/forklog.com\/en\/news\/ai-boom-drains-over-half-of-active-developers-from-crypto-industry\">deprived<\/a> the crypto industry of more than half of its active developers.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">US authorities recognise mixer users\u2019 right to privacy<\/h2>\n<p>The US Treasury <a href=\"https:\/\/forklog.com\/en\/news\/us-authorities-acknowledge-privacy-rights-of-crypto-mixer-users\">sent<\/a> a report to Congress recognising the legality of using crypto mixers to protect financial privacy.\u00a0<\/p>\n<p>In 2022 and 2023 the department labelled mixers money-laundering hubs and imposed sanctions on <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-tornado-cash-mixer-and-why-was-it-sanctioned\">Tornado Cash<\/a>. It now notes that law-abiding users need these platforms to hide data on personal savings, business payments or donations.<\/p>\n<p>Criminal use of such services remains a problem. According to the Treasury, from January 2024 to September 2025 hackers linked to North Korea stole $2.8 billion in cryptocurrency. Of that, $1.5 billion came from <a href=\"https:\/\/forklog.com\/en\/news\/bybit-exchange-suffers-1-46-billion-loss-in-hack\">the hack of the Bybit exchange<\/a>. Criminals regularly use mixers to obfuscate trails.<\/p>\n<p>The Treasury divided such platforms into custodial and non-custodial. The former must register with <span data-descr=\"The Financial Crimes Enforcement Network within the US Treasury\" class=\"old_tooltip\">FinCEN<\/span>. They can provide authorities with data on clients and their transactions.<\/p>\n<p>For the second category the department did not recommend new restrictions. The regulator continues to seek a balance between illicit-finance risks and citizens\u2019 right to privacy.\u00a0<\/p>\n<p>The Treasury asked Congress to pass several new laws to ensure:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>the right to freeze<\/strong>. Financial institutions will be able to temporarily block suspicious cryptoassets during investigations;\u00a0<\/li>\n<li><strong>clearer rules for DeFi<\/strong>. Lawmakers should define which decentralised finance participants fall under <span data-descr=\"anti-money-laundering\" class=\"old_tooltip\">AML<\/span> requirements;<\/li>\n<li><strong>the \u201csixth special measure\u201d to the US anti-terrorism law<\/strong>. The authorities want powers to block cryptocurrency transfers outside correspondent banking relationships.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">BlackRock launches an Ethereum ETF with staking<\/h2>\n<p>On March 12 trading <a href=\"https:\/\/forklog.com\/en\/news\/blackrock-launches-ethereum-etf-with-staking-feature\">began<\/a> on Nasdaq in a yield-bearing Ethereum-<a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a> from BlackRock.\u00a0<\/p>\n<p>Turnover during the debut session reached $15.5 million. Bloomberg analyst James Seyffart called the result \u201cquite respectable for the first day\u201d.<\/p>\n<p>The new instrument differs from other BlackRock exchange-traded funds that simply track the price of the second-largest cryptocurrency. ETHB generates yield via <a href=\"https:\/\/forklog.com\/en\/news\/what-is-staking-and-how-to-make-money-from-it\">staking<\/a>, locking 70% to 95% of holdings depending on market conditions.<\/p>\n<p>By the end of the first week, assets in the product totalled $154.7 million. The corresponding figure for BlackRock\u2019s flagship ETHA exceeds $6.7 billion. The fund dominates the spot Ethereum-ETF segment, whose combined capitalisation is $12.3 billion.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"160\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f3ac6fae77976202-8805114110614406-1024x160.jpeg\" alt=\"image\" class=\"wp-image-276777\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f3ac6fae77976202-8805114110614406-1024x160.jpeg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-f3ac6fae77976202-8805114110614406-300x47.jpeg 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-f3ac6fae77976202-8805114110614406-768x120.jpeg 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-f3ac6fae77976202-8805114110614406.jpeg 1487w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: SoSoValue.<\/figcaption><\/figure>\n<p><strong>Also on ForkLog:<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Resilient bitcoin and a strong dollar: how the conflict in Iran <a href=\"https:\/\/forklog.com\/en\/news\/resilient-bitcoin-and-a-firm-dollar-how-the-conflict-in-iran-reshaped-markets\">affected<\/a> markets.<\/li>\n<li>A MediaTek chip vulnerability <a href=\"https:\/\/forklog.com\/en\/news\/mediatek-chip-vulnerability-threatens-cryptocurrency-wallets-on-a-quarter-of-android-smartphones\">put<\/a> crypto wallets on a quarter of Android smartphones at risk.<\/li>\n<li>After Fusaka, address-poisoning attacks in Ethereum <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-address-spoofing-attacks-surge-by-600-following-fusaka-update\">soared<\/a> by 600%.<\/li>\n<li>US inflation <a href=\"https:\/\/forklog.com\/en\/news\/us-inflation-matches-forecasts-as-bitcoin-nears-71000\">matched<\/a> forecasts. Bitcoin resumed its rise.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Hyperliquid passes $4 trillion and opens prediction-market testing<\/h2>\n<p>Cumulative perpetuals trading volume on <a href=\"https:\/\/forklog.com\/en\/news\/the-price-of-popularity-and-a-lesson-for-all-hyperliquid\">Hyperliquid<\/a> has surpassed $4 trillion. It <a href=\"https:\/\/forklog.com\/en\/news\/hyperliquid-surpasses-4-trillion-milestone-and-launches-prediction-market-testing\">took<\/a> the project three years to reach this milestone.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-1753d8cb3b6b632a-8805114070118238.webp\" alt=\"image\" class=\"wp-image-276773\"\/><figcaption class=\"wp-element-caption\">Source: Reflexivity Research.<\/figcaption><\/figure>\n<p>Growth has accelerated. The first trillion dollars took 733 days, the second 141 days, the third just 88 days, and the fourth 141 days.<\/p>\n<p>Reflexivity Research analysts note the effectiveness of the platform\u2019s cyclical tokenomics: rising trading activity generates more fees, which are used for buybacks and burns. That steadily reduces the market supply of HYPE.<\/p>\n<p>At the start of the week, daily volume in oil perpetuals (CL-USDC) on the exchange <a href=\"https:\/\/forklog.com\/en\/news\/tokenized-oil-surpasses-ethereum-on-hyperliquid-exchange\">jumped<\/a> from $21 million to $1.2 billion. The instrument displaced Ethereum from second place by popularity on Hyperliquid.<\/p>\n<p>Open interest in the asset reached $183 million. The trading surge came amid sharp price moves and high volatility in commodity markets. As a result, the platform forcibly closed traders\u2019 short positions worth about $75 million in a day.\u00a0<\/p>\n<p>Hyperliquid developers launched the HIP-4 protocol on testnet, whose main innovation is prediction markets. In the first stage, users have access to binary options on HyperCore base prices.\u00a0<\/p>\n<h2 class=\"wp-block-heading\"><strong>What else to read?<\/strong><\/h2>\n<p>We explored why educational institutions are a \u201cfiat\u201d system of knowledge\u2014and how to regain sovereignty over your own mind.<\/p>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/set-in-silicon\">Examined<\/a> the state of the latest round of the AI-technology race in graphics processors.<\/p>\n<p>In our regular digest, we <a href=\"https:\/\/forklog.com\/en\/news\/phishing-y-combinator-invites-to-drain-crypto-the-takedown-of-americas-largest-sim-farm-and-other-cybersecurity-news\">compiled<\/a> the week\u2019s main events in cybersecurity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fewer than 1m BTC remain to be mined; the US Treasury backs privacy via mixers; Hyperliquid tops $4trn, and more.<\/p>\n","protected":false},"author":1,"featured_media":95242,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Less than 1m BTC left to mine; US backs privacy; Hyperliquid tops $4trn, and more.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1233,1244],"class_list":["post-95241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-industry-digests","tag-weekly-summary"],"aioseo_notices":[],"amp_enabled":true,"views":"68","promo_type":"1","layout_type":"1","short_excerpt":"Less than 1m BTC left to mine; US backs privacy; Hyperliquid tops $4trn, and more.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=95241"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95241\/revisions"}],"predecessor-version":[{"id":95243,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95241\/revisions\/95243"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/95242"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=95241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=95241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=95241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}