Key Takeaways Geopolitical tensions lift crude price near $100 per barrel, putting COP, FANG and EOG in focus for investors.WTI seen at $73.61 in 2026 vs. $65.40 in 2025, signaling sustained support for COP, FANG and EOG.Upstream players COP, FANG and EOG benefit from selling unrefined hydrocarbons amid strong pricing. The ongoing geopolitical tension in the Middle East has driven a surge in crude prices globally. This rise in oil prices is creating a favorable operating environment for upstream players such as ConocoPhillips (COP - Free Report) , Diamondback Energy, Inc. (FANG - Free Report) and EOG Resources, Inc. (EOG - Free Report) , and investors are expected to keep a close watch on these stocks.
Oil Price Likely to Remain HighThe crude prices of West Texas Intermediate (WTI) are trading close to $100 per barrel, according to oilprice.com. The U.S. Energy Information Administration, in its latest short-term energy outlook, predicts the WTI crude prices to be $73.61 per barrel in 2026, up from $65.40 in 2025, indicating that crude prices will remain elevated.
Upstream companies are well-positioned to capitalize on the strong pricing backdrop as they sell unrefined hydrocarbons.
3 Stocks to Gain: COP, FANG, EOGHeadquartered in Houston, TX, ConocoPhillips operates globally across several key oil and gas regions. COP’s area of operations includes the Lower 48 region in North America, Europe, the Middle East and North Africa, Asia Pacific, Alaska, Canada and Other International. COP, currently carrying a Zacks Rank #3 (Hold), expects to lower capital spending from $13.7 billion in 2025 to about $12 billion in 2026, driven by improved efficiency in its Lower 48 assets and disciplined cost control.
Headquartered in Midland, TX, Diamondback Energy possesses high-quality, long-life inventory in the Midland Basin. Backed by these assets, FANG, currently holding a Zacks Rank #3, reported a 9% increase in oil production per share from 2024 to 2025.
Headquartered in Houston, TX, EOG Resources, which has a Zacks Rank #3, combines advanced technical capabilities with operational excellence to sustain its position as a leading low-cost producer of energy. Supported by high-quality, long-life inventory in domestic and international asset base, EOG is committed to operating in an environmentally responsible way, reducing its impact on nature while contributing to the long-term future of energy.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-03-23 17:231mo ago
2026-03-23 13:221mo ago
Down 12% This Year, Nubank Plans a ‘100b Pivot' And Investors Are Taking Note | NU
Nu Holdings (NYSE:NU) is down 12.73% year-to-date as of March 23, 2026, and trading near $14.70, yet the business underneath looks nothing like a company in trouble. Nubank just printed $895 million in net income for Q4 2025, received conditional OCC approval for a U.S. national bank charter on January 29, 2026, and now serves 131 million customers across Latin America. That gap between price and business performance is exactly what Reddit investors are debating.
The Efficiency Number That Changes the Conversation Nubank’s Q4 2025 efficiency ratio came in at 19.9%, the first time it has fallen below 20%. That metric measures how much revenue is consumed by operating costs. Most major U.S. banks operate with efficiency ratios well above Nubank’s, and Nubank’s ratio has collapsed from 78% in Q4 2021 to 20% recently. It’s a fully digital model that eliminates branch costs entirely, and its AI credit-decisioning model, nuFormer, delivers a 3x improvement in accuracy over traditional underwriting machine learning.
Full-year 2025 revenue reached $16.3 billion with record net income of $2.9 billion, up from $1.97 billion in FY 2024, while adjusted return on equity hit 33% for Q4.
Bullish Sentiment, but Valuation Remains the Sticking Point Sentiment on r/stocks has held steady in the bullish range, with scores between 68 and 70 across all tracked periods from Sunday, March 22, through Monday morning. Discussion peaked Sunday afternoon, with 128 comments in a single hour, before tapering overnight. A representative thread captures the debate well: NU Holdings discussion on r/stocks. One commenter noted: “The efficiency ratio dropping to 19.9% is hard to ignore for a bank at this scale.”
Is NU Holdings (NU) still attractive after recent pullback? The efficiency ratio dropping to 19.9% is hard to ignore for a bank at this scale.
by u/unknown in r/stocks Three reasons dominate the bull case:
This infographic details Nu Holdings’ (NU) investment profile, highlighting its digital banking platform, strong Q4 2025 earnings, and a bullish 68-70 Reddit sentiment score as of March 22-23, 2026. Nubank covers 61% of Brazil’s adult population and is expanding in Mexico at 14 million customers (15% of the adult population), with a banking license conversion already approved A U.S. national bank charter, conditionally approved by the OCC in January 2026, opens deposit accounts, credit cards, lending, and digital-asset custody in the world’s largest consumer banking market Q4 revenue grew 45% year-over-year to $4.86 billion, with net income up 50% The skeptical case centers on valuation. Nubank trades at a trailing P/E of roughly 25x, versus a banking industry average of roughly 11x. Some analysts have trimmed price targets, with BofA cutting from $18 to $17 and UBS from $18.40 to $17.20, citing a broader de-rating of high-growth financials.
SoFi Offers a Cautionary Mirror SoFi Technologies (NASDAQ:SOFI | SOFI Price Prediction) is down 34% year-to-date versus Nubank’s 12% decline, suggesting the re-rating is sector-wide rather than Nubank-specific. Analyst consensus among 16 analysts with buy ratings on NU points to a target of $20.25, above the current trading price. How quickly Nubank converts operational efficiency into American customer acquisition will determine whether the U.S. expansion thesis holds up over the next few years.
Data Sources
Nu Holdings Q4 2025 SEC 6-K Filing: Q4 and full-year 2025 revenue, net income, efficiency ratio, customer counts, and geographic breakdown NU’s Efficiency Edge: A Key Factor Driving Its Premium Narrative (The Globe and Mail): Historical efficiency ratio trend from 78% in Q4 2021 to present, fintech infrastructure context Valuation comparisons, analyst price target revisions, P/E context versus banking industry average Reddit sentiment data (r/stocks, March 22-23, 2026): Sentiment scores, activity levels, and comment volume from proprietary social data aggregation
2026-03-23 16:231mo ago
2026-03-23 11:211mo ago
Strategy Plans $44 Billion Equity Sale to Buy More Bitcoin
Strategy dropped big news Thursday. The company wants to raise $44 billion through equity sales, all to grab more Bitcoin for its corporate treasury.
The move shows just how serious Strategy gets about crypto. CEO Michael Saylor keeps pushing his company deeper into Bitcoin, even when prices swing wild. Strategy filed paperwork with the SEC on March 20 to kick off the equity process. The company plans to use shares from both MicroStrategy (MSTR) and its own stock (STRC) to raise the cash. No debt involved – they’re keeping the balance sheet clean while they chase more digital coins.
Market Reaction Hits Fast Bitcoin jumped to $41,500 right after the news broke. MSTR shares climbed 5% that same day as traders bet on Strategy’s buying power. The crypto market’s been pretty choppy lately, with Bitcoin swinging between $30,000 and $69,000 over the past year.
Some analysts love the move. Others worry Strategy’s going too far too fast. Goldman Sachs analysts have been watching Strategy’s bold plays closely, noting how the company might change how corporations think about digital assets. A Goldman report from February already flagged the growing trend of institutional crypto investment.
JP Morgan sounds more cautious though. Their recent report questioned whether such aggressive Bitcoin buying makes sense in today’s volatile market. Regulatory uncertainty adds another layer of risk that some investors can’t ignore.
But Saylor doesn’t seem fazed.
Strategy’s CFO Phong Le talked to investors on March 22 about the company’s vision. Le said the equity sale won’t just fund Bitcoin purchases – it’ll cement Strategy’s spot as a digital currency leader. He kept pushing the long-term Bitcoin story despite recent price swings that left the coin trading around $40,000.
Regulatory Hurdles Remain The SEC filing kicked things off, but Strategy still needs full regulatory approval before moving forward. The company hasn’t shared details about timing or potential partners for the equity sale. Strategy officials declined to comment when asked about completion dates.
The regulatory process could drag things out. Markets hate uncertainty, and traders are already trying to guess when Strategy’s Bitcoin buying spree might actually start. Some think the delay could hurt Bitcoin’s price momentum. Others see it as a chance for more investors to position themselves before Strategy enters the market. Industry observers have noted parallels with Bitcoin Stalls Near K as Gold in recent weeks.
Strategy’s previous equity moves attracted major institutional interest. The firm’s reputation for bold crypto plays draws attention from big financial players. Success this time depends on investor appetite for Bitcoin exposure, especially given current market conditions.
Saylor’s been a Bitcoin advocate for years now. He consistently calls the cryptocurrency a hedge against inflation and a solid store of value. The latest equity plan shows his unwavering faith in Bitcoin’s potential, even when markets get rocky.
The $44 billion figure caught everyone’s attention. That’s serious money in the crypto world, enough to move Bitcoin prices if Strategy actually deploys it all. Market watchers are trying to figure out how fast Strategy might buy and whether they’ll time purchases around price dips.
Bitcoin’s volatility hasn’t scared Strategy away yet. The company keeps adding to its Bitcoin stash regardless of short-term price moves. Saylor seems to think Bitcoin’s long-term trajectory matters more than daily trading noise.
Strategy’s approach differs from other corporate Bitcoin buyers. While some companies dabble with small allocations, Strategy goes all-in. The firm treats Bitcoin as a primary treasury asset, not just a side investment.
Institutional crypto adoption keeps growing despite regulatory uncertainty. Strategy’s massive equity plan could signal that more companies are ready to make big Bitcoin bets. The success or failure of Strategy’s approach might influence other corporate treasuries considering crypto allocations. This development aligns with Bitcoin Plunges to ,000 as Crypto, highlighting broader market trends.
Trading volumes spiked after Strategy’s announcement. Bitcoin saw increased activity as speculators positioned for potential Strategy purchases. The company’s buying power could create sustained demand pressure if they execute the full $44 billion plan over time.
Strategy hasn’t disclosed the exact timeline for deploying the equity proceeds. The company might spread purchases over months or quarters to avoid massive market impact. Smart money management suggests they won’t dump $44 billion into Bitcoin all at once.
Blackstone and Fidelity have already expressed interest in Strategy’s equity offering, according to sources familiar with the matter. The institutional backing could accelerate the approval process and provide the liquidity needed for such a massive fundraising effort.
Strategy’s Bitcoin holdings currently total approximately 190,000 coins, making it one of the largest corporate holders globally. The additional $44 billion could potentially triple their position, depending on Bitcoin’s price when they execute purchases. Ark Invest’s Cathie Wood recently praised Strategy’s approach, calling it “visionary” during a CNBC interview last week.
Frequently Asked QuestionsHow much equity does Strategy plan to issue?Strategy plans to issue $44 billion in equity using shares from MicroStrategy (MSTR) and Strategy’s own stock (STRC).
When will Strategy start buying Bitcoin with the proceeds?Strategy hasn’t disclosed specific timing and still needs full SEC regulatory approval before proceeding with the equity sale.
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2026-03-23 16:231mo ago
2026-03-23 11:241mo ago
Bitcoin surges past $71K as President Trump pauses Iran strikes
Bitcoin jumped sharply past $71,000, climbing to an intraday high of $71,806, immediately after US President Donald Trump announced a pause in planned military strikes on Iranian power infrastructure.
Traders had been bracing for a potential escalation, and the announcement shifted sentiment almost instantly.
BREAKING PRESIDENT TRUMP: 🇺🇸🇮🇷 We had very good and productive conversations regarding a complete and total resolution of hostilities in the Middle East. Military strikes postponed for 5 days.
The news eased tensions in global markets and triggered a wave of buying across the crypto sector.
Other major cryptocurrencies, including Ethereum (ETH), Binance Coin (BNB), XRP, and Solana (SOL), followed Bitcoin’s lead, posting gains as the market sentiment changed.
Markets react to Trump’s announcementThe pause in US strikes is a relief after days of heightened uncertainty over the 48-hour ultimatum given by President Trump for Iran to open the Strait of Hormuz.
Earlier over the weekend, Bitcoin had dipped below $68,500 as concerns mounted about potential military action by the US military.
The sudden announcement from the White House reversed this trend and sparked a strong relief rally.
Within minutes, short positions totalling nearly $270 million were liquidated, amplifying the price move.
The sudden shift in sentiment also lifted other risk assets, including equities and precious metals like Gold and Silver, while the US dollar weakened slightly.
Bitcoin technical analysisBitcoin’s climb brings it close to the upper end of its two-month range of $62,571 to $74,691, demonstrating a strong recovery.
While the recovery from recent lows highlights the resilience of the market, even amid uncertainty, Bitcoin remains well below its all-time high of $126,080 reached in October 2025.
Bitcoin began the week with a notable CME gap around the $70,000 level, which has since been filled following the recent price rally.
Market participants are now turning their attention to the next gap near the $80,000 mark.
Derivatives data showed Bitcoin gradually absorbing sell orders below $72,000.
A sustained close above this level could pave the way for the BTC/USD pair to move toward $75,000, where a significant liquidity cluster is positioned.
On the downside, the $64,000–$65,000 range remains a key area to watch.
Analyst Daan Crypto Trades noted, “Currently there's a lot of fear for the latter which is why most markets have been selling off a lot the past few trading days.”
Slowing inflowsMeanwhile, digital asset investment products recorded net inflows of $230 million for the week ended March 21, according to a CoinShares report released Monday.
This marked a sharp slowdown from the $635 million inflows seen in the first two days of the period.
The moderation in flows followed the Federal Open Market Committee’s meeting midweek, which markets interpreted as a “hawkish pause,” triggering $405 million in outflows during the latter part of the week.
What to expect over the coming daysFor now, the pause in military action has given the market a much-needed boost.
However, the situation remains tense as Iran says there has been no direct contact with President Donald Trump.
If the conflict continues, then Bitcoin could easily slide back below $68,000 or even slide lower.
However, if the military strikes are paused for a week, as the president said, Bitcoin could gain more ground and even make an attempt at $74,000.
2026-03-23 16:231mo ago
2026-03-23 11:261mo ago
Resolv and IoTeX move to compensate users as DeFi exploits push 2026 losses past $137M
Resolv Labs announced that it would be restoring redemptions to pre-incident holders today, March 23, after suffering one of the largest DeFi exploits recorded this year a day earlier.
The protocol has also published a detailed account of the incident, stating that a compromised private key was what enabled the attacker to mint 80 million USR tokens.
A few hours after Resolv’s announcement, DeFi platform IoTeX, whose cross-chain bridge was exploited on February 21, announced that it has opened a live claims portal, offering 100% compensation to all affected users.
IoTeX users are directed to check their status and proceed to a payout page to claim their assets. So the bridge incident, one of four major hacks that occurred in February, per security firm Halborn, is now entering its settlement phase.
With Resolv’s incident adding to the tally, the first quarter of 2026 is shaping up to be a busy quarter for DeFi platforms in terms of attacks and exploits, having suffered a cumulative loss of over $137 million.
Resolv’s situation is more complex, as it is barely 48 hours since it happened, with the protocol still yet to release a full post-mortem.
Resolv stated that approximately 9 million of the tokens held by the attacker have since been burned. The protocol’s collateral pool currently holds approximately $141 million in assets, and only $0.5 million in redemptions were processed before the pause, limiting the direct financial drain.
Which protocols absorbed the Resolv fallout? The Resolv breach affected a cluster of DeFi platforms that had accepted USR and related tokens as collateral, forcing them to declare their exposure and update their respective users on the safety of their funds.
Paul Frambot, co-founder and CEO of lending network Morpho, confirmed that approximately 15 of the network’s 500-plus vaults had non-negligible exposure to impacted markets.
“While affected vaults were specifically designed for higher-risk strategies with longer-tail collateral assets, every other vault without exposure, including lower-risk ‘prime vaults’, remained completely unaffected,” Frambot wrote.
He also praised curators Re7 Labs, Steakhouse Financial, and kpk, among others, for cross-supporting one another through the crisis.
Risk management firm Gauntlet stated that it is still discussing a resolution with Resolv and that it is working on a compensation plan for any remaining funds.
The platform stated on X, “Gauntlet USD Alpha has no exposure to USR nor RLP positions. Vaults on our platform are unaffected with no impact to capital suppliers.”
It also added that all deposits and caps have been reduced to zero for specific Morpho vaults.
Lending protocol Fluid announced that its team had secured short-term loans, backed by personal commitments from Lom Lomashuk of Cyber Fund, a contributor known as weremeow, and the Fluid core team itself, to cover 100% of bad debt currently in the protocol.
It added that the Resolv team confirmed that they will cover all USR positions that originated before the security incident and will also enable redemptions required to close those debt positions.
According to Fluid, multiple investors had expressed interest in purchasing its treasury tokens should further funds be required. It also reassured its users that its smart contracts are safe and operating as intended, writing on X, “All other markets continue to function normally, and protocol safeguards remain active. Users may see temporary rate volatility while positions are being unwound.”
Has AI made DeFi harder to secure? The $137 million lost to DeFi exploits since January, as tallied by blockchain researcher CipherResearchx, places 2026 on a troubling trajectory. The figure covers 15 incidents, led by Step Finance ($27.3 million), Truebit ($26.2 million), Resolv (over $25 million), and SwapNet ($13.4 million).
For context, Q1 losses of over $1.64 billion and $336.3 million were recorded across the whole of crypto in 2025 and 2024, respectively, per Immunefi. However, DeFi losses in the first quarter of 2025 were around $106.8 million.
The 2026 DeFi-specific total, which is already higher than the exploits of Q1 2025, shows that exploits are accumulating at an increasing pace.
Also, there’s a new AI dimension to DeFi risk vectors.
In February, the lending protocol Moonwell lost $1.78 million as Security auditor Pashov stated that pull requests (PR) of the project show commits were co-authored by Claude Opus 4.6, making it what some observers described as the first significant DeFi exploit linked to vibe coding.
2026-03-23 16:231mo ago
2026-03-23 11:271mo ago
Bitcoin Price Analysis: BTC Must Break This Level to Reverse the Bearish Trend
Bitcoin is struggling to regain its footing after a brutal correction from its October 2025 highs near $125K, with the price currently hovering around $71,100. The broader trend remains firmly bearish, and despite several attempts at recovery, BTC has yet to reclaim any major structural level that would shift the outlook in favor of the buyers.
Bitcoin Price Analysis: The Daily Chart On the daily timeframe, BTC is trading inside a well-defined descending channel, with both the 100-day MA (~$80k) and 200-day MA (~$92k) sloping downward overhead. The $75k-$80k zone has flipped to resistance after acting as support for much of late 2025, and every recovery attempt since February has been rejected in that area.
Immediate support sits at the $60k-$62k band, which held during the sharp February wick. A breakdown below that level would bring the $50k zone into play, which is a scenario the RSI, now recovering from oversold territory near 20, is not yet pricing in. On the other hand, the buyers need a decisive close above $75K to start changing the daily structure, and pave the way for further upside above $80k.
BTC/USDT 4-Hour Chart Zooming into the 4-hour chart, BTC has been forming a rising channel since late February, with the price compressing between the trendlines roughly bounded by $66k and $75k at the moment. The recent push toward the upper boundary was rejected, and the asset has since pulled back to the $68k zone. However, the market is now experiencing a significant bounce and is currently around $71k, sitting near the middle of the pattern.
The RSI on this timeframe is also recovering from the low-40s and ticking upward, which marginally favors buyers in the short term. However, the $74k-$76k resistance band remains the critical level to clear. A confirmed breakdown below the channel’s lower trendline near $66k would likely accelerate selling toward the daily support zone.
Sentiment Analysis The Coinbase Premium Index tells a concerning story about US-based demand. Since the October peak, the index has been predominantly negative, flipping green only briefly and inconsistently. This is a sign that retail and institutional buyers on Coinbase are not driving price action. The most recent reading of -0.02 continues that trend.
What’s particularly notable is the contrast with mid-2025, when the premium stayed consistently positive throughout Bitcoin’s rally toward $125K. The current persistent negativity suggests US market participants remain on the sidelines or are actively distributing, which makes any sustained recovery harder to justify from a demand perspective. Therefore, the price would need to clear key resistance levels before US investors’ sentiment shifts bullish again.
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2026-03-23 16:231mo ago
2026-03-23 11:291mo ago
XRP Outperforms Ethereum in Crypto Fund Flows as Institutional Investors Pivot
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Ripple-backed coin XRP has ended a three-week outflow from crypto institutional investors. In fact, XRP even surpassed Ethereum (ETH), with weekly inflows reaching $2.91 million.
XRP records gains in crypto investment productJames Butterfill, Head of Research at CoinShares, pointed out that digital asset investment products recorded $230 millon in inflows last week. Of these gains, XRP funds contributed $2.91 million, but Bitcoin (BTC) dominated with $219 million.
Ethereum, on the other hand, saw outflows reaching $27.5 million, ending a three-week inflows streak. This reversal could stem from rotation out of ETH into Bitcoin amid broader market uncertainty.
Digital asset investment products recorded US$230M in inflows last week.@Bitcoin dominated the inflows, seeing US$219M. @solana saw US$17M in inflows, its 7th straight week which now totals US$136M, marking it as one of the most popular recently. Conversely, @ethereum saw… pic.twitter.com/FrmTjmViYt
— CoinShares (@CoinSharesCo) March 23, 2026 Meanwhile, inflows into XRP products signal renewed commitment from traders and investors. As previously reported by U.Today, XRP is propelled by a strong wave of retail adoption, defying the broader institutional trend.
For weeks, XRP exchange-traded funds (ETFs) have recorded persistent outflows, suggesting caution from institutional investors. The most recent data showed that the XRP ETFs registered net inflows of only $0.64 million.
The weak inflows imply little accumulation and lower the likelihood of long-term upward trends. The XRP price has already reacted negatively, falling 3.9% over the past week.
However, with XRP products back to seeing inflows last week, the XRP price quickly jumped 1.8% over the past day. Now, the Ripple-backed coin is trading at $1.42, with a market cap of $87.3 billion.
Drop in weekly crypto fundsIt is important to note that the net total of $230 million in inflows represents a notable slowdown compared to previous weeks. The market had seen much larger inflows, with a January report showing $2.17 billion weeky inflows.
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Researcher Butterfill has blamed the current market sentiment on the "hawkish pause" by the U.S. Federal Reserve (Fed). In the March 2026 FOMC meeting, the Fed kept interest rates unchanged.
The agency also revised its inflation forecast higher and signaled fewer rate cuts ahead than previously expected. Their action disappointed markets hoping for dovish signals, leading to risk-off behavior and selling pressure in equities, crypto and related assets.
Encouragingly, every major region saw net inflows last week. There was no broad-based selling despite geopolitical tensions and the Fed’s hawkish stance.
The U.S. led, with $153 million in inflows, followed by Germany with $30.2 million and Switzerland with $27.5 million.
2026-03-23 16:231mo ago
2026-03-23 11:351mo ago
Bitcoin's Rally to $71,000 Validates Cramer's 'Bulls Rule' Call Amid $801 Million Crypto Liquidations
Bitcoin's surge past $71,000 confirms Jim Cramer's recent bullish call, triggering a massive $801 million in crypto liquidations.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
This morning, Mad Money host Jim Cramer stated that the initiative has shifted to bulls. His forecast coincided with a sharp price reversal of Bitcoin, which triggered a massive wave of short position closures.
According to CoinGlass data, the sudden surge of BTC above the $71,000 level led to forced liquidations of short positions totaling more than $300 million in just four hours.
Bulls rule for a.m.
HOT Stories
— Jim Cramer (@jimcramer) March 23, 2026 Why Jim Cramer is bullish following $801 million Bitcoin short squeezeOver the past 24 hours, losses were recorded for 197,317 market participants, amounting to a total of $810.75 million. The main blow fell on Bitcoin instruments, with $253.37 million, and Ethereum with $253.54 million in liquidations. At the same time, the S&P 500 index is showing positive dynamics, rising to the 6,677 level, which is 1.56% higher than yesterday.
Liquidation Heatmap 24 Hours, Source: CoinGlassInvestor optimism is being supported by a temporary deescalation of tensions surrounding the main global conflict at the moment. Against the backdrop of rising risk appetite, capital outflows from safe-haven assets are being observed. Gold has corrected by 1.3% to $4,433.47 per troy ounce, and silver is trading around $68.19.
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Jim Cramer emphasizes that the current rebound in the Bitcoin price and the rise of stock indices are connected to the present moment. In other words, he is not confirming a full trend reversal but only pointing out that the bears have, for now, been sent to lick their wounds.
As can be seen from crypto market indicators, overleveraging and underestimating — or rather the overestimation of pessimism around the current situation — have made this short squeeze truly painful.
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2026-03-23 16:231mo ago
2026-03-23 11:401mo ago
Bitcoin Is Headed to $500,000 According to This Wall Street Analyst and the Reasoning Is Hard to Dismiss
When stock market growth is scarce, investors often rotate into alternatives like cryptocurrency. However, the last few months haven't been kind to the crypto community, either. The price of Bitcoin (BTC +2.36%) has cratered 20% this year -- hovering around $70,500 per coin as of March 20.
Nevertheless, digital asset analyst Geoffrey Kendrick of Standard Chartered recently said that Bitcoin could be set up for explosive growth. Is now a good time to buy the dip in Bitcoin?
Image source: Getty Images.
What is Geoffrey Kendrick's forecast for Bitcoin? One of Kendrick's core observations about Bitcoin is that he sees volatility around the cryptocurrency as similar to growth stocks on the Nasdaq. Kendrick posits the idea that should technology companies report weak earnings in the coming quarter, further selling pressure could ensue and ultimately permeate to Bitcoin.
He also notes that if the Federal Reserve chooses not to ease monetary policy, then investors may not be inclined to invest in riskier assets such as Bitcoin anytime soon.
Given these factors, Kendrick's near-term forecast for Bitcoin is $50,000 -- implying roughly 32% downside from current levels. This makes sense as it is relatively in line with prior bottoms during drawdowns in recent years.
Bitcoin Price data by YCharts.
However, the analyst thinks the current selling pressure is "shallower" compared to more dramatic crypto winters. Ultimately, Kendrick remains confident that by the end of the year, Bitcoin could witness a sharp rebound and surge to $100,000.
What could fuel Bitcoin's price to $500,000? Bitcoin's biggest value proposition is its perception as a scarce asset. In total, there will only ever be 21 million Bitcoins in circulation. These mechanics paint Bitcoin as rare. For this reason, many investors colloquially refer to Bitcoin as "digital gold."
When it comes to other rare asset classes like art or collectibles, the most prized opportunities are often reserved for high-net-worth individuals. Bitcoin hasn't fully gone through this transformation, however.
For much of its history, Bitcoin has been a staple in retail investing communities. Only in the past couple of years have institutional portfolios begun to take cryptocurrency seriously. With banks launching spot Bitcoin ETFs, allocating a portion of your portfolio to the cryptocurrency's asymmetric upside has become much easier and cost-efficient -- making it more appealing.
Kendrick's theory -- one that's also shared by Cathie Wood of Ark Invest -- is that as institutional capital continues to flow toward Bitcoin, its price could experience significant valuation expansion in the long run.
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What risks come with investing in Bitcoin? One of the biggest risks I see with an investment in Bitcoin is the constant comparison of the cryptocurrency to gold.
Currently, the estimated market cap of gold is roughly $34 trillion. Bitcoin is much smaller -- valued at $1.4 trillion. The underlying assumption is that Bitcoin will eventually match gold’s total market value. However this thesis isn't set in stone. Assuming all 21 million coins are mined, the implied future price of Bitcoin would be about $1.6 million per coin for the cryptocurrency to be valued in line with gold.
It's easy to buy into the idea that since this scenario is so overwhelmingly bullish, then Kendrick's forecast of $500,000 becomes totally feasible. In reality, I think his assumptions are also quite optimistic. Unlike gold, Bitcoin's value is heavily influenced by interest rates, risk appetite and regulation.
While I understand Kendrick's logic and see a path for Bitcoin to become a multibagger, I think it will take much longer than most investors realize to achieve these targets.
2026-03-23 16:231mo ago
2026-03-23 11:401mo ago
Capital B Acquires 44 Bitcoin, Boosting Holdings to 2,888 Coins
Capital B, Europe’s first Bitcoin Treasury Company, has completed the acquisition of 44 bitcoin for €2.7 million, bringing its total holdings to 2,888 BTC.
The purchases were executed as part of the company’s ongoing Bitcoin Treasury Company strategy, which aims to increase the number of bitcoin per fully diluted share over time, according to a company press release seen by Bitcoin Magazine.
The company also finalized multiple capital raising operations. An “ATM-type” capital increase with TOBAM generated €0.5 million through the issuance of 669,906 new shares at €0.76 per share.
Additionally, €3 million was raised via share subscription warrants, with €2 million subscribed by TOBAM and €1 million by UTXO Management.
These operations funded the latest BTC acquisition and supported the company’s broader treasury strategy.
Capital B reported a year-to-date (YTD) BTC Yield of 0.72%, equivalent to a gain of 20.4 BTC and €1.2 million. The company also achieved a quarterly BTC Yield of 0.72%, highlighting the incremental growth of its bitcoin holdings relative to fully diluted shares. The average acquisition cost of its BTC portfolio stands at €92,495 per coin, representing a total investment of €267.1 million.
Swissquote Bank Europe SA, a Luxembourg-registered virtual asset service provider (VASP), executed the bitcoin acquisition and provided secure custody through Taurus technology. The company maintains an additional 60 BTC for operational needs, separate from its treasury holdings.
Capital B is listed on Euronext Growth Paris and specializes in data intelligence, artificial intelligence, decentralized technology consulting and development, and corporate treasury.
Bitcoin surges Bitcoin surged to $71,000 on Monday, rebounding from weekend lows near $67,000, following a sudden easing of geopolitical tensions after Donald Trump announced a five-day pause on planned U.S. strikes against Iran.
The pause came after what Trump described as “very good” and “productive” talks with Tehran, reversing the market’s defensive posture from prior threats to target Iranian energy infrastructure.
Amid this backdrop, Strategy continued its corporate bitcoin accumulation, albeit at a slower pace. Between March 16 and March 22, the company acquired 1,031 BTC for $76.6 million at an average price of $74,326 per coin, funded through common stock sales. This contrasts with the prior two weeks, when Strategy deployed over $1 billion into bitcoin via equity and preferred share offerings, signaling a more measured approach.
Strategy now holds 762,099 BTC, purchased for approximately $57.7 billion at an average cost of $75,694 per coin.
Disclaimer: Bitcoin Magazine is owned by Nakamoto Inc. (NASDAQ: NAKA). Nakamoto Inc. also owns UTXO Management.
Micah Zimmerman
Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
2026-03-23 16:231mo ago
2026-03-23 11:431mo ago
Institutional Investors Pour $230,000,000 Into Bitcoin and Crypto Assets in One Week: CoinShares
Institutional investors just bought an overall total of $230 million in Bitcoin and crypto assets in one week, according to a new update from CoinShares.
The inflows mark a slowdown from recent weeks.
In the first two days of the week, inflows surged to $635 million. Then the FOMC meeting triggered a sharp reversal, with $405 million in outflows that moderated by Friday.
Bitcoin dominated the flows, capturing $219 million. Short-Bitcoin products added another $6 million, revealing split investor views.
Solana drew $17 million while Ethereum reversed course with $27.5 million in outflows, ending three weeks of gains.
Chainlink added $4.6 million and Hyperliquid gained $4.5 million.
Regionally, the United States led with $153 million. Germany followed at $30.2 million and Switzerland at $27.5 million. Every region posted net inflows.
Generated Image: Midjourney
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2026-03-23 11:451mo ago
Bitcoin Dominates While Ethereum Breaks Streak in Volatile $230M Week
Bitcoin dominated weekly activity while Ethereum snapped its streak.
Digital asset investment products posted $230 million in net additions last week, in a slowdown relative to recent trends. Although concerns around the Iran conflict have affected sentiment, CoinShares stated that the reaction to the US Federal Reserve’s Wednesday meeting and its “hawkish pause” signal appears to be the dominant factor.
Data across the week points to a sharp reversal in activity. Early momentum was strong. The first two days alone brought in $635 million. This was followed by a sharp downturn after the FOMC announcement, with $405 million in withdrawals. The situation stabilized toward the end of the week, as pressure had reduced by Friday.
Polarized Bets on Bitcoin According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, investment activity last week was led by Bitcoin, which attracted $219 million. Meanwhile, products betting against the BTC still drew $6 million, demonstrating “ongoing polarised views for the asset.” Solana maintained momentum with $17 million and extended its run to seven consecutive weeks, lifting its recent total to $136 million.
Chainlink and Hyperliquid registered $4.6 million and $4.5 million, respectively. XRP added $2.9 million, while Sui amassed $1.5 million. Ethereum, on the other hand, saw $27.5 million in capital outflow and ended three weeks of consistent investor interest.
Interestingly, all regions reported positive investor activity last week. The United States led with $153 million in inflows for the period. Germany and Switzerland also posted significant figures of $30.2 million and $27.5 million. Meanwhile, Canada and Australia saw comparatively smaller additions of $9.3 million and $3.9 million, respectively.
Bitcoin Rebounds Bitcoin climbed above $71,400 on Monday, alongside the rest of the crypto market, after US President Donald Trump said the United States and Iran held “very good and productive conversations” aimed at easing Middle East tensions. Following the remarks, the leading asset rose more than 4% over the past day as markets reacted to signs of potential de-escalation.
According to experts at Bitunix, until energy supply chains stabilize and policy direction is re-anchored, Bitcoin will remain constrained between overhead liquidity resistance above 74,000 and uneven demand below.
You may also like: XRP Treasury Evernorth Submits SEC Filing for Planned Nasdaq Listing XRP Needs CLARITY Act Momentum to Unlock the Next Critical Price Zone Analyst Warns BTC Dominance Break Will Dictate Whether Alts Explode or Collapse “Its volatility will continue to be dictated by external macro transmission channels rather than endogenous trend formation.”
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2026-03-23 16:231mo ago
2026-03-23 11:471mo ago
Solana Token Trading Turns Hyper-Short-Term With Average Holds Lasting Just 62 Seconds
Solana token hold times have collapsed to about 62 seconds, with some 2026 readings briefly falling as low as 44 seconds. Pump.fun is feeding the speed cycle with nearly 30,000 daily launches, 100 to 300 graduating assets and heavy participation from new wallets across Solana now. Bot volumes have cooled to about $81 billion from a $200 billion late-January peak, while SOL at $86.24 looks more like infrastructure than speculation. Solana’s token casino is moving even faster, and the new numbers are startling. The average hold time has collapsed into something closer to a reflex than an investment decision. New Solana-based tokens are now being held for a median of roughly 62 seconds as of March 22, down to a record low of 44 seconds at points in 2026. That marks a dramatic break from 2024, when meme coins often lasted for weeks, built recognizable communities and moved through repeated price cycles before losing momentum. Today, turnover is defining the market more than conviction overall.
Solana’s Meme Economy Is Becoming a Pure Speed Trade What changed is not only trader behavior, but the structure feeding it. Pump.fun has restored the trenches and flooded the market with a constant stream of fresh inventory. The launchpad is producing close to 30,000 tokens a day, with roughly 100 to 300 assets graduating, ensuring there is always another ticker to chase every hour across the ecosystem. New wallets account for around 30% of daily activity, yet even fresh participants are joining the same short-term pattern. After the rug-pull wave that followed January 2025, skepticism hardened and holding periods kept shrinking instead of recovering.
That skepticism is now colliding with launch environments built for intensity. The platforms increasingly reward aggression, not patience. Rapid scalp trading, live streams ending in rug pulls and exposure to potentially malicious wallets have become part of the operating texture around token launches. Rather than slowing that behavior, the market’s design can reinforce it by favoring fee generation and endless turnover. The result is a meme economy where communities matter less, whales still sit selectively in reserve, and most participants approach new assets as disposable opportunities rather than as projects worth trusting over longer time.
Automation is still everywhere, but even that layer is evolving. Bot-driven activity remains central, yet broader Solana trading is no longer expanding at the same feverish pace. Daily bot volumes have fallen to about $81 billion from a late-January peak near $200 billion, while older tokens and non-meme trades have cooled. SOL itself was trading at $86.24, functioning more as infrastructure than as a magnet for fresh speculative inflows. What emerges is a sharper picture of the ecosystem: faster, more extractive and increasingly optimized for insiders who can survive markets measured in seconds for now.
2026-03-23 16:231mo ago
2026-03-23 11:511mo ago
Cardano Founder Drops Teaser for 'New ADA,' What's Coming?
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
In a tweet, Cardano founder Charles Hoskinson shares a teaser as Midnight approaches its mainnet launch.
In a recent tweet, Hoskinson asked: "Who is ready for Midnight?" The Cardano founder's X post was accompanied by a short video clip, a more than five-minute edit/compilation of Canadian astronaut Chris Hadfield's iconic 2013 performance aboard the International Space Station (ISS).
It played the song "Space Oddity" by David Bowie, which was performed as a cover by Hadfield and is regarded as the famous "first music video recorded in space."
The video shows Hadfield floating in zero gravity, playing acoustic guitar and singing the track while looking out at Earth through the cupola windows, with the Canadian Space Agency (CSA/ASC) logo visible in several shots.
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The Cardano founder's tweet sparks expectations as Midnight mainnet launch is anticipated for a yet-to-be announced date later this month.
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Yesterday, Cardano builder Input Output Group increased anticipation with a tweet that indicated the Midnight mainnet launch could come as soon as this week. "Midnight. This week," Input Output Group wrote in a tweet on March 22.
On March 17, the Cardano builder got expectations going when it tweeted, "Midnight mainnet is getting close."
The Midnight price reacted in line with expectations regarding its mainnet launch, rising as much as 12% in the last 24 hours. At the time of writing, the NIGHT token was up 11.26% to $0.047.
Midnight network grows Midnight's network of federated node operators continues to grow as it moves toward mainnet.
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The Midnight Foundation recently announced that Worldpay and Bullish will operate federated nodes for Midnight.
To ensure stability during the Kūkolu phase of the roadmap, Midnight mainnet will expand to include federated node operators, who will collectively operate the protocol under clear rules for participation and coordination.
Building on the initial list of partners, including Google Cloud, Blockdaemon, Shielded Technologies and AlphaTON, the Midnight Foundation announced the addition of Pairpoint by Vodafone and etoro in February.
2026-03-23 16:231mo ago
2026-03-23 11:551mo ago
Bitcoin Jumps 3% After Trump Announces 5-Day Iran Energy Infrastructure Strike Pause
The Geopolitical CatalystTrump said in a Truth Social post that the two countries held productive conversations regarding a complete resolution of hostilities in the Middle East.
The five-day hiatus doesn’t end the war as Iran continues to strike targets across the Gulf and Israel would also need to sign up.
Bitcoin, which sank below $68,000 overnight, climbed above $71,000 in early U.S. hours before retreating closer to $70,000 after Fars cited an unidentified source denying any talks between the countries.
The Broader Market ReactionGold erased almost all its earlier losses, now down just 1% on the day and rebounding to $4,440 per ounce.
The U.S. dollar index slipped to 99.3, while the 10-year Treasury yield fell 100 basis points to 4.3%.
WTI crude dropped 11% to below $88 per barrel, while Brent crude fell 8% to around $100 per barrel.
Tokenized Brent crude futures saw $62.4 million in liquidations on Hyperliquid, with $61.69 million from longs and just $717,000 from shorts.
Options Show Defensive BiasDespite the risk-on market reaction and oil price drop, options tied to Bitcoin continue to reflect a defensive bias.
Put options on Deribit trade at an 8-10 volatility point premium to calls through the June-end expiry, largely unchanged from earlier in the day.
This suggests traders remain cautious, viewing the latest bounce with skepticism and bracing for potential aftershocks from the recent oil spike on broader markets and the global economy. The same pattern holds true for Ethereum options.
Bitcoin Breaks Channel ResistanceBitcoin’s 5% surge broke above the rising channel’s upper boundary near $72,500-$73,000 and is pushing directly into the Parabolic SAR resistance at $75,848.
The Supertrend at $66,129 has held as support throughout the entire base-building phase.
A daily close above $72,500 confirms the channel breakout.
A close above $75,848 flips the Parabolic SAR bullish for the first time since the November breakdown, providing dual momentum confirmation with the already-bullish Supertrend.
The last time both indicators aligned bullish was during the September-October 2025 rally that took price from $82,000 to $108,000.
Image: Shutterstock
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XRP hit $1.44783 yesterday. The cryptocurrency bounced back hard after weeks of choppy trading, with buyers stepping in as geopolitical worries started to fade across global markets.
The rally kicked off early Tuesday morning, catching many traders off guard. Volume spiked pretty much immediately, with more than 1 billion XRP tokens changing hands across major exchanges within 24 hours. Binance saw a 15% jump in XRP trading compared to last week, while Coinbase users piled in despite the exchange’s ongoing delisting situation. And the momentum didn’t stop there – institutional money started flowing back into crypto as risk appetite returned to normal levels.
Market Dynamics Shift Trading desks went crazy. The price action came as global tensions cooled off, making investors feel better about taking risks again. Federal Reserve Chairman Jerome Powell’s comments on March 21 about potential interest rate moves rippled through all asset classes, including digital currencies.
Crypto analyst Sarah White thinks XRP could push toward $1.60 if it breaks the $1.50 resistance level. “A sustained move above $1.50 could attract additional buying interest,” White said during a market update call. She’s watching order books closely, noting that selling pressure has dropped significantly since Monday. But traders aren’t getting too excited yet – crypto markets can flip fast, and everyone remembers how volatile things got earlier this month.
Kraken reported a 12% increase in XRP activity over 24 hours ending Wednesday. The exchange said it’s ready to handle more volume if the rally continues.
Whale Activity Surges Big money moved. Blockchain analytics firm Santiment spotted a spike in whale transactions on March 22, with moves worth more than $100,000 each jumping significantly. These large holders seem to think XRP’s got more room to run, though nobody’s saying exactly what they know.
Mike Novogratz tweeted about XRP’s bounce yesterday, calling it “resilient” despite recent market chaos. His comments got retweeted thousands of times, adding fuel to the discussion about where XRP heads next. Social media buzz around XRP has picked up, with retail traders sharing charts and price targets across Discord and Telegram groups.
The number of active XRP addresses rose 8% over the past week, according to Glassnode data released Wednesday. More people are actually using XRP for transactions, not just holding it and hoping for gains.
Meanwhile, Ripple CEO Brad Garlinghouse spoke at a financial conference in New York on March 23. He talked up XRP’s role in cross-border payments but didn’t comment on the price moves. “Digital assets are modernizing financial systems,” Garlinghouse said, sticking to his usual talking points about utility and adoption. This development aligns with XRP Drops Below .40 as SEC, highlighting broader market trends.
Legal Battle Continues The SEC lawsuit still hangs over everything. Ripple’s legal team filed new documents on March 22, pushing for dismissal of certain charges. The case outcome remains critical for XRP’s long-term prospects, though some traders are betting on a favorable resolution.
Ripple’s Chief Technology Officer David Schwartz appeared on a crypto podcast March 23, discussing the lawsuit’s implications. “Despite legal challenges, Ripple remains committed to revolutionizing cross-border payments,” Schwartz said. He seemed confident about the company’s direction but didn’t give specifics about settlement talks or timeline expectations.
Legal counsel Stuart Alderoty told Bloomberg on March 22 that XRP shouldn’t be classified as a security. He sounded optimistic about resolving the case, though he wouldn’t predict timing. Market participants are watching every legal filing for clues about how things might end.
Coinbase announced plans to relist XRP if the legal situation clears up. The statement generated buzz in crypto communities, since a Coinbase relisting would boost XRP’s liquidity and market access significantly. No timeline was given for when that might happen.
Technical indicators look pretty bullish right now. The $1.50 level is key – break above that and XRP could see serious momentum. Volume patterns suggest more buying interest is building, though resistance levels around $1.55 and $1.60 could slow things down.
Trading volumes have stayed elevated since Tuesday’s breakout. Retail traders are jumping in alongside institutional flows, creating the kind of broad-based buying that can sustain rallies. But crypto markets change fast, and yesterday’s winners often become today’s losers without much warning. This development aligns with <a href="https://thecurrencyanalytics.com/altcoins/xrp-fights-to-hold-0-50-support-as-breakout-hopes-build-248757" title="XRP Fights to Hold
.50 Support as Breakout Hopes Build”>XRP Fights to Hold
.50 Support, highlighting broader market trends.
XRP closed Wednesday at $1.44783, up from Tuesday’s low around $1.38.
Several major financial institutions have quietly increased their crypto exposure this week, with JPMorgan Chase adding digital asset trading capabilities and Goldman Sachs expanding its cryptocurrency custody services. Bank of America analysts upgraded their outlook on blockchain technology companies, citing improved regulatory clarity expectations. These moves from traditional finance giants often precede broader institutional adoption waves that benefit established cryptocurrencies like XRP.
Cross-border payment volumes through Ripple’s network jumped 23% in March compared to February, according to internal company metrics shared with partners. Major banks in Japan and Southeast Asia processed over $2.8 billion worth of transactions using Ripple’s technology during the first quarter. MoneyGram, one of Ripple’s key partners, reported faster settlement times and reduced costs on international transfers. The growing real-world usage provides fundamental support beyond speculative trading, though critics argue adoption rates still lag behind initial projections from 2021.
Frequently Asked QuestionsWhat’s driving XRP’s recent price surge?Easing geopolitical tensions and renewed investor confidence in riskier assets are pushing XRP higher, along with increased whale activity and trading volumes.
What’s the key resistance level traders are watching?Analysts are focused on $1.50 as the critical resistance point that could trigger further gains toward $1.60 if broken.
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2026-03-23 16:231mo ago
2026-03-23 11:581mo ago
US Stablecoin Guidance Enters Decisive Week After White House Accord: Is Ripple Invited?
As crypto and bank reps review the stablecoin deal on Capitol Hill, all eyes are on the guest list. While official attendees remain private, Ripple's deep ties to the Clarity Act make their presence the big question.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
According to the latest newsletter from Crypto in America and Eleanor Terrett, a decisive week for the U.S. crypto market begins today on Capitol Hill. Representatives of the digital asset industry and the banking sector have been invited to the Senate to review the closed-door text of a compromise agreement on stablecoin regulation.
As reported by Crypto in America, the presidential administration has reached a preliminary agreement with Senators Thom Tillis and Angela Alsobrooks. Based on the key details known as of March 23, here are the three pillars of the current deal:
The "banking language" purge: The bill will introduce a strict ban on traditional financial terminology. Senator Cynthia Lummis confirmed that any wording resembling classical banking products — such as "deposits" or "interest" — has been scrubbed from the text. Consequently, the accrual of yield on idle stablecoin balances is expected to face a total legislative ban.A shift in economic sentiment: The White House Council of Economic Advisers has finalized its study on stablecoins' impact on banking liquidity. Early leaks suggest the findings are more favorable for the crypto industry than critics anticipated, potentially debunking the "deposit flight" narrative pushed by traditional banks.The review schedule: Today, key crypto trade associations are meeting with the Senate Banking Committee for a first look at the language. On Tuesday, the floor turns to banking sector representatives to voice their final concerns before the Easter recess.Will Ripple join final cut?Although the nominal list of participants in today’s closed meetings has not been disclosed, Ripple’s participation in the Clarity Act discussions is considered virtually guaranteed. The company is one of the most active lobbyists in Washington and is represented in key associations such as the Blockchain Association, the Crypto Council for Innovation and the Chamber of Digital Commerce.
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Senate Banking Committee leader Tim Scott is aiming to hold a vote as early as April; however, lawmakers still need to finalize sections related to DeFi and token classification. Very little time remains for amendments, as Congress goes on spring break this coming Friday.
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2026-03-23 16:231mo ago
2026-03-23 12:001mo ago
Pi Coin Price at All-Time Low: Only If This 33% Crash Pattern Is Validated
Pi Network (PI) is trading at $0.1897, as a double top pattern on the daily chart puts the $0.1300 all-time low back in view for the first time since February.
Two technical signals confirm the bearish structure is strengthening — but the pattern is only valid if one specific price level breaks.
Selling Pressure On Pi Coin Is RisingThe MFI peaked above 83 around March 12 — the highest reading in the chart’s visible history and deep into overbought territory. That coincided precisely with the second peak of Pi Coin’s double top pattern near $0.27.
Since then, the indicator has declined without interruption to 43.44. The drop is steep and sustained, tracing a clean downtrend across 10 consecutive sessions. The MFI has not posted a meaningful bounce during this fall — each session has printed lower than the last.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
Pi Coin RSI. Source: TradingViewA reading of 43.44 sits near the midpoint of the neutral zone. A drop below 40 would tip the indicator into outflow-dominant territory. The last time MFI was this low during the current chart period — around late February — PI was trading near $0.16.
Bitcoin Correlation Turns Negative for the First Time Since FebruaryPi Coin’s correlation to Bitcoin has flipped to -0.27, entering negative territory for the first time since late February. The shift is marked by a pink zone on the chart beginning around March 19.
Through early and mid-March, the coefficient ran as high as +0.65, meaning PI was broadly tracking Bitcoin’s moves. That relationship has now inverted. At -0.27, PI is moving against Bitcoin rather than with it.
Pi Coin Correlation To Bitcoin. Source: TradingViewThe practical consequence is direct. If Bitcoin rallies over the coming days, PI will not automatically benefit. The token is being driven by its own internal selling pressure rather than broader market flows. This removes the most common escape valve for bearish setups in altcoins.
Pi Coin Price Faces CrashPi Coin price trades at $0.1897 on the daily chart, pressing against the 0.236 Fibonacci level at $0.1894 after a 33.11% collapse from the March 13 high at $0.2990. The EMA at $0.1940 now sits above the price as resistance. Price remains inside a descending channel structure visible across the right side of the chart.
PI’s failure to reclaim the EMA at $0.1940 sustains the bearish case, with the next meaningful support at the Fibonacci zero baseline of $0.1555. A modest negative correlation of 0.27 with Bitcoin limits upside contagion from any BTC recovery, while rising selling pressure seen through consecutive distribution candles since March 13 favors further downside. The $0.1597 horizontal level marks the first target, followed by $0.1527 and then $0.1415 — both visible as labeled support zones on the chart.
Pi Coin Price Analysis. Source: TradingViewA daily close above the EMA at $0.1940 would challenge Pi Coin’s bearish structure and shift near-term momentum. Reclaiming $0.2103, the 0.382 Fibonacci retracement, would invalidate the thesis entirely and reopen the path toward $0.2442. Until either level is breached on a closing basis, the all-time low at $0.1300 remains a credible downside extension if $0.1415 gives way.
2026-03-23 16:231mo ago
2026-03-23 12:001mo ago
Ethereum Goes Institutional With Yield, Unlocking New Earning Opportunities
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Despite losing the $2,100 price mark during the weekend, Ethereum, the second-largest cryptocurrency asset, is making waves on the institutional level. From recent updates concerning ETH, the network is undergoing a pivotal moment in its evolution, becoming a yield-generating asset for institutions across the sector.
Institutions Can Now Earn Yield On Ethereum As the crypto sector evolves, the Ethereum network is also experiencing a major change in its evolution. For institutions across the sector, the leading altcoin is turning up as a rising alternative for generating extra capital due to its yield-making capabilities.
Tech enthusiast and investor BMNR Bullz on X announced that Ethereum has recently moved to institutional with yield, allowing big firms holding ETH to earn from the altcoin. With new mechanisms that allow big investors to earn rewards directly on-chain, the network is evolving from a settlement layer to a more developed financial ecosystem.
This development simply makes it possible for institutions to earn capital beyond just price appreciation. Currently, large firms can secure more gains in stretched yield opportunities, signifying a major step in the greater integration of decentralized networks with traditional finance.
Looking at the chart shared by the investor, the ETH network already handles the most capital recorded on-chain. In terms of ecosystem TVL (Total Value Locked), Ethereum is leading the charge, sitting at the top spot ahead of other major chains such as Tron, Solana, and BNB Chain, with over $298.8 billion.
ETH ecosystem TVL explodes | Source: Chart from BMNR Bullz on X At the same time, BlackRock, the biggest asset management company, has recently launched its ETH staking ETP (Exchange-Traded Product), ETHB. The launch marked a major shift as the Ethereum Spot ETFs were introduced without staking. Following the launch, between 70% to 95% of ETH has been locked away in staking while 3% to 4% of yield is entering Traditional Finance (TradFi).
According to BMNR Bullz, this is the unlock for ETH, and the altcoin is no longer an asset you can only hold. Meanwhile, it is transitioning into something that pays investors, especially institutions, while supply gets locked, yield compounds, and institutions finally have access.
At the center of this trend is Bitmine Immersion. Bitmine was built for this before it became obvious, with the company steadily accumulating ETH, scaling staking, and generating yield on a daily basis. In BMNR Bullz’s view, “this is where institutional allocation starts.”
More Of Bitmine’s ETH Goes To Staking Given the current market structure, Bitmine is shifting its focus toward generating yield through Ethereum staking rather than its price appreciation. As of March 21, Wise Advice shared that the company has staked over 70% of its entire ETH treasury reserve.
This figure represents about 3.135 million ETH from the firm’s ETH holdings, valued at a staggering $6.75 billion. After a series of purchases over the years, Bitmine currently holds 3.8% of the total supply of Ethereum. Wise Advice noted that for every $22 ETH pump, Bitmine sees $100 million in unrealized gains. However, the company’s yield target is set at $280 million annually at just 2.8% APR.
ETH trading at $2,037 on the 1D chart | Source: ETHUSDT on Tradingview.com Featured image from Pxfuel, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2026-03-23 16:231mo ago
2026-03-23 12:001mo ago
Capital rotates to safety, but THIS leaves Bitcoin and Ethereum exposed
As earlier sell pressure builds, broader insider data confirms this is not isolated but structural.
The Buy/Sell Ratio sat near 0.27–0.28, well below the 0.34 norm, which reinforces persistent distribution.
Source: X As this trend deepens, sector data showed healthcare had over $11.42 billion in sales, while technology and utilities follow similar patterns.
This alignment across sectors signals coordinated positioning rather than selective profit-taking, which strengthens the late-cycle narrative.
As buy-side conviction fades further, insiders continue reducing exposure to elevated valuations, echoing pre-correction setups. This progression suggests informed capital remains defensive, while sustained selling pressure continues shaping a cautious market structure.
Liquidity Rotates to Safety as Risk Assets Remain Underbid
2026-03-23 16:231mo ago
2026-03-23 12:051mo ago
Cardano (ADA) Price Reclaims $0.26 as Volume Rockets 60%
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Cardano (ADA) is gradually recovering in price after days of trading at lows. Notably, the ADA price has reclaimed $0.26, while the trading volume jumped more than 60% in just 24 hours.
Cardano price back in greenAccording to CoinMarketCap data, ADA is currently trading at $0.2642, up 3% over the past day.
The latest ADA price rally comes amid rising momentum on the broader crypto market. Cardano had recently dropped below $0.26 and also fell on both the weekly and monthly charts.
However, with ADA bouncing back above $0.26, it is turning from a resistance into a firmer support level.
This often signals renewed buyer confidence and can prevent deeper declines in the near future. Such moves are often driven by factors like whale accumulation, potential ecosystem updates or broader crypto market recovery.
Moreover, the trading volume also increased by more than 60% within the past 24 hours. This represents the total amount of ADA bought and sold in the given period. Following the 60% jump, the ADA trading volume is now at $691.9 million.
The higher volume during the upward price move indicates stronger conviction behind the latest rally. More participants are trading, which can make the price increase more sustainably.
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Next ADA price moveDespite ADA reclaiming $0.26, analysts have pointed out that the coin remains range-bound in a bearish macro context for several months.
So, they think, the positive price action could be a short-term relief rally unless it breaks above higher resistances at $0.285 and $0.31. ADA risks slipping toward $0.27 if it falls below the critical support.
However, historical data showed Cardano has recorded bullish closings in March of every year since 2022, except in 2024. Considering past positive performances, bulls are optimistic for a bullish close before the end of this month.
Besides, market analyst Ali Martinez recently predicted a bullish breakout for Cardano, with 45 days of sideways trading nearing its end. The analyst highlighted a key resistance at $0.304, which is the upper boundary of its trading channel.
According to Ali, a break above $0.304 might cause ADA to target liquidity gaps at $0.338 and $0.37.
Another factor that could propel an ADA rally is the growth in the decentralized finance (DeFi) market. As of March 20, the total value locked in native tokens surpassed 520.41 million ADA.
2026-03-23 16:231mo ago
2026-03-23 12:051mo ago
New York Stock Exchanges Remove Option Limits on 11 Bitcoin and Ether ETFs
The crypto options market has just reached a new milestone. NYSE Arca and NYSE American have officially removed position limits on options related to eleven Bitcoin and Ether ETFs. A game-changing decision for institutional investors that could accelerate capital inflows into digital assets.
In Brief The NYSE Arca and NYSE American exchanges remove the 25,000 contract limit on crypto ETF options. The decision concerns 11 Bitcoin and Ether ETFs, including those from BlackRock, Fidelity, and ARK. The SEC accelerated implementation by lifting the 30-day regulatory delay. A Regulatory Decision That Changes the Game for Bitcoin On March 10, NYSE Arca and NYSE American, two major platforms linked to the New York Stock Exchange, filed regulatory changes with the SEC.
Objective: remove the 25,000 contracts per position limit on options linked to 11 Bitcoin and Ether ETFs. The decision is now effective following rapid approval by the U.S. regulator.
Until now, these limits aimed to reduce manipulation risks and contain volatility. They were established at the end of 2024, when options on crypto ETFs were launched. However, the context has evolved. The market has matured, and institutional volumes have significantly increased.
The ETFs concerned include heavyweights such as those from BlackRock, Fidelity, and ARK Invest. Players like Grayscale and Bitwise are also involved. In other words, the entire institutional Bitcoin ecosystem benefits from this relaxation.
Another key element: the introduction of FLEX options. These products allow customization of trading parameters:
non-standard strike prices, flexible expiration dates, exercise styles adapted to strategies. A seemingly technical change, but strategic in practice. It aligns crypto ETFs with standards applied to commodities like gold or oil.
Towards a New Phase of Institutional Adoption This decision fits into a broader dynamic. Since the approval of spot Bitcoin ETFs, institutional flows have steadily increased. Major banks, hedge funds, and even some corporations now see Bitcoin as a strategic asset.
The removal of limits on options supports this trend. It improves market liquidity and facilitates entry and exit from positions. For institutional investors, it is a crucial lever to manage risk and deploy complex strategies.
Meanwhile, other initiatives are emerging. For instance, a Nasdaq options platform is considering raising the position limit on BlackRock’s Bitcoin ETF to 1 million contracts. If approved, this measure will further amplify the momentum.
On a macro level, this shift also reflects a change in attitude from U.S. regulators. The SEC, long cautious, now appears to support innovation rather than hinder it. In a context where the United States wants to remain competitive against Europe and Asia, Bitcoin is becoming a strategic issue.
Finally, this evolution reinforces a fundamental trend: the financialization of Bitcoin. The asset is no longer limited to a speculative tool. It is progressively integrating institutional portfolios alongside stocks, bonds, and commodities.
The removal of limits on Bitcoin ETF options marks a key milestone. It opens the way to a deeper, more liquid, and more sophisticated market. Institutional investors no longer have an excuse to stay on the sidelines — the tools are here, as are the safeguards.
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Fenelon L.
Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
XRP (CRYPTO: XRP) is up 3% over the past 24 hours, with improving on-chain data and adoption trends supporting a bullish outlook.
Trader Notes: Crypto chart analyst Ali Martinez said XRP whales accumulated about 40 million tokens over the past week, adding that a TD Sequential buy signal points to a potential rebound.
XRP is holding support near $1.40, with analysts viewing the recent pullback as a short-term correction within a broader uptrend. Rising institutional interest is also contributing to improved sentiment.
Standard Chartered analyst Geoffrey Kendrick projects XRP could reach $2.80 by 2026, with a broader range of $3 to $5 possible if momentum continues.
Statistics: Data from Artemis shows stablecoin supply on the XRP Ledger has surged more than 100% since December 2025, reaching $568.9 million.
Altcoin Buzz say stablecoin inflows are a key indicator of capital entering the ecosystem. The sharp increase suggests growing positioning and potential demand for XRP-related activity.
Community News: In a sign of expanding utility, blockchain platform CACrypto has launched the "Green Mobility Challenge," a Web3 initiative built on the XRP Ledger.
The program rewards users for physical activities such as walking, offering incentives including a $10 sign-up bonus and ongoing rewards for participation.
The initiative aims to connect real-world behaviour with blockchain incentives, using automated payouts to drive engagement and promote healthier lifestyles.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
As Michael Saylor's Strategy hits 762,099 BTC, Peter Schiff mocks a "losing" 4.5% weekly trade. But with new SEC filings opening a massive $44.1 billion liquidity channel through STRC and STRK, is Saylor building an unstoppable Bitcoin machine?
Cover image via youtu.be Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
While Michael Saylor is deploying the largest "financial artillery" in history, his long-time opponent Peter Schiff is striking at a painful point of the current portfolio drawdown.
Today, Strategy confirmed the purchase of another 1,031 BTC worth $76.6 million at an average price of $74,326. Despite Bitcoin’s move above $71,000, Peter Schiff did not miss the chance to make a sarcastic remark in reply to Saylor’s announcement, stating that even after today’s rally, Strategy is still down 4.5% on last week's buy and asking how he managed to achieve that.
Even with today's rally, you are still down 4.5% on last week's buy. How did you manage that?
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— Peter Schiff (@PeterSchiff) March 23, 2026 Reviewing the state of Strategy’s portfolio at the start of the week, the company now holds 762,099 BTC valued at $53.88 billion, with an average entry price of $75,699. With Bitcoin currently trading around $71,000, this generates an overall 6.7% paper loss for the firm.
Strategy opens new multibillion dollar channel for BTC acquisitionsAt the same time, Saylor is reaffirming his long-term ambitions. He announced unprecedented capital expansion, as Strategy filed documents with the SEC for new ATM programs, meaning periodic sales of securities on the open market.
The structure of the new fundraising includes:
$21 billion in Class A shares.$21 billion in STRC preferred shares.$2.1 billion in STRK securities.In total, the $44.1 billion reserve allows Saylor to continue aggressively buying any dips, ignoring short-term volatility, which Schiff continues to criticize.
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For critics, a 4.5% loss is a reason for irony. For Saylor, it is a potential opportunity to deploy part of the new $44.1 billion to average down and move closer to the goal of reaching one million BTC.
The XRP Ledger (XRPL) network, which uses the native token (XRP), has more than half of its transactions focused on payments, as of March 23, 2026.
A recent study of 5,000 XRPL blocks shows that 53.20% of the more than 1 million transactions sampled involved payments. Notably, a period of 5,000 blocks is about 4 hours due to the network’s high throughput and finality.
As for the OfferCreate transfers, a transaction type that shows the way users place orders on the XRPL’s built-in decentralized exchange (DEX), was the second largest with about 371,895 transactions, representing 34.2%. The NFTokenBurn transaction type was the third with about 65,369 transfers, according to on-chain analysis by Vet, an XRPL validator.
XRPL transaction types. Source: xrp.Vet As such, it highlights the mainstream adoption of XRPL to facilitate cross-border payments closely followed by decentralized financial (DeFi) activity.
Ripple USD stablecoin dominates XRPL transactions The rising use of stablecoins on the XRPL network significantly contributes to high-volume transfers. During the analyzed blocks, Ripple USD (RLUSD) accounted for 92,699 transfers. The ARK token recorded the second-highest transfers on the XRPL with about 10,281.
XRPL token transfer. Source: xrp.Vet Other notable tokens with high amounts of onchain transactions on the XRPL include RPR, ASC, PLR, and STX.
What’s the impact on XRP? A rising demand for XRPL to facilitate cross-border payments could have a longstanding demand for XRP. Furthermore, Ripple Labs has partnered with banks, payment service providers, and fintechs to streamline cross-border payments, with XRP use at the core.
As such, XRP’s price could continue to benefit from the rising use of the XRPL network for payments. Earlier this month, Ripple Labs reported that Ripple Payments, the company’s solution for moving money across both traditional and digital rails, had surpassed $100 billion in total volume as RLUSD crossed $1 billion in market cap.
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2026-03-23 15:231mo ago
2026-03-23 10:501mo ago
H100 Group and Boyaa Interactive ramp up Bitcoin bets with major treasury expansion plans
Sweden’s H100 Group AB and Hong Kong’s Boyaa Interactive have announced massive new plans to increase their digital asset reserves.
H100 Group AB plans to acquire two Norwegian firms to increase its holdings by 233%, while Boyaa Interactive is seeking approval to invest $70 million on top of its reserves.
How is H100 Group scaling its Bitcoin reserves? H100 Group AB has signed a Letter of Intent (LOI) to acquire two Norwegian companies: Moonshot AS and Never Say Die AS. Currently, H100 Group holds 1,051 Bitcoins while the two companies it’s targeting hold approximately 2,450 Bitcoins together.
H100 currently has 1,051 BTC in its treasury. Source: BitcoinTreasuries.net Once the merger is complete, H100’s total stash will jump to 3,501 BTC, representing an increase of roughly 233%.
Under the terms of the deal, ownership in the new combined company will be decided by how much Bitcoin each party brings to the table. Based on the numbers, existing H100 shareholders will own about 30% of the company, while the owners of the Norwegian firms will hold 70%.
The target companies are owned by Geir Harald Hansen, the founder of the Bitminter mining pool in 2011. His pool was responsible for mining over 208,000 Bitcoins, which is about 1% of the total supply that will ever exist.
CEO Eirik Grottum, who is a systematic trading expert, and Chief Investment Officer Peter Warren, a veteran hedge fund manager with decades of experience in global markets, will also be joining the team.
H100 has confirmed that its original health technology business will continue to operate without any changes. The company intends to sign the final agreements by April 22, 2026, with the deal closing shortly after their annual meeting on May 21.
Why is Boyaa Interactive committing another $70 million to crypto? The board of directors of Hong Kong’s Boyaa Interactive has recommended a new purchase authorization that would allow them to spend up to $70 million on cryptocurrencies over the next year.
In 2025, the company spent over $80 million on Bitcoin between August and November.
As of late March 2026, Boyaa holds 4,092 Bitcoins bought at an average price of $68,211 each, 302 Ethers bought at an average of $1,661 each, and 7,000,700 Tether stablecoins (USDT).
The company’s leadership believes that the current downturn in the market is an opportunity to expand its holdings. Despite reporting a net loss for the fiscal year of 2025, the board remains committed. Boyaa stated that its cryptocurrency purchases will take place on regulated trading platforms for security and liquidity reasons.
Boyaa plans to use these assets to fund the research and development of blockchain-based games and infrastructure.
In 2025 alone, they added 818 Bitcoins to their treasury. Like many other companies, Boyaa views Bitcoin as a “resilient store of value” that protects its balance sheet from the risks of traditional money printing and inflation.
A formal circular with full details is expected to be sent to shareholders by April 24, 2026.
Bitcoin is currently trading above $71,300, after surging from lows around $68,000 following President Trump’s hint at de-escalation talks with Iran, even though the regime has denied the claims.
2026-03-23 15:231mo ago
2026-03-23 10:501mo ago
Saylor's Strategy (MSTR) Arms Itself With $44.1 Billion ATM Capacity to Fuel Bitcoin Treasury Expansion
Strategy has moved to sharply expand its capacity to raise capital through at‑the‑market equity and preferred offerings, adding new Wall Street agents and reshaping its preferred stock authorization to favor a key floating‑rate series.
The steps, disclosed in a March 23 Form 8‑K, give the company scope to sell up to an additional $44.1 billion in securities on top of large existing programs.
In the filing, Strategy said it entered joint agreements with Moelis & Company LLC, A.G.P./Alliance Global Partners, and StoneX Financial Inc., adding them as sales agents under its Omnibus Sales Agreement dated November 4, 2025.
That agreement already named TD Securities (USA), The Benchmark Company, Barclays Capital, BTIG, Canaccord Genuity, Cantor Fitzgerald, Clear Street, Compass Point, H.C. Wainwright, Keefe Bruyette & Woods, Maxim Group, Mizuho Securities USA, Morgan Stanley, Santander US Capital Markets, SG Americas Securities, and TCBI Securities doing business as Texas Capital Securities as agents.
Under the joinders, each of Moelis, Alliance, and StoneX becomes an agent on the same contractual footing as the original banks, with the right and obligation to place Strategy’s securities in at‑the‑market, or “ATM,” transactions.
Strategy’s new ATM programs and size Alongside the added agents, Strategy and the syndicate executed three “Additional Program Addenda” that establish new ATM programs for its Class A common stock (ticker MSTR), its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), and its 8.00% Series A Perpetual Strike Preferred Stock (STRK).
These addenda operate under Section 8(i) of the Omnibus Sales Agreement and are structured so they do not cancel or limit rights under the underlying framework.
The company then filed new prospectus supplement annexes under its automatic shelf registration statement, which became effective on January 27, 2025.
Those annexes authorize at‑the‑market offerings of:
Up to $21.0 billion of new Class A common stock (the “New Common ATM Shares”). Up to $21.0 billion of new STRC preferred shares (the “New STRC ATM Shares”). Up to $2.1 billion of new STRK preferred shares (the “New STRK ATM Shares”). In other words, Strategy has established new ATM programs to sell up to $21 billion of common stock, $21 billion of STRC preferred, and $2.1 billion of STRK preferred shares.
These programs supplement existing authorizations, with the old STRK program replaced by the new $2.1 billion offering.
These new capacities sit alongside existing shelf authorizations. Strategy had previously registered the sale of about $15.85 billion of common stock and $4.2 billion of STRC preferred under prior annexes and the base prospectus, and it intends to keep using those prior prospectuses until those capacities are fully sold.
In contrast, the company terminated its prior STRK preferred ATM program effective March 22, 2026, and the new $2.1 billion STRK annex replaces that earlier effort.
Strategic tilt in preferred structure To support this mix of funding options, Strategy also amended its charter with two targeted preferred stock actions. A Certificate of Increase raised authorized shares of STRC preferred from 70,435,353 to 282,556,565, more than tripling the pool available for issuance. A separate Certificate of Decrease reduced authorized STRK preferred shares from 269,800,000 to 40,270,744.
Both certificates were adopted by the board’s Pricing and Financing Committee under authority granted in the company’s Second Restated Certificate of Incorporation and Section 151(g) of the Delaware General Corporation Law.
Strategy also said they secured legal opinions confirming that its new ATM shares — both common and preferred — will be validly issued, fully paid, and non-assessable.
The 8‑K clarifies that no offers or sales are happening yet, and any actual issuances will depend on market conditions, investor demand, and internal decisions.
Overall, the expanded ATM programs and reallocated preferred shares give Strategy flexibility to raise capital while prioritizing floating‑rate preferred issuance over the 8.00% STRK series.
Micah Zimmerman
Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
2026-03-23 15:231mo ago
2026-03-23 10:501mo ago
Solana rips upwards 6% as chain is trading like $100 while SOL is stuck under $95
Solana is handling 100M+ daily transactions and $650B in monthly stablecoin volume while SOL trades below $95, leaving traders to decide if a $100+ rerating is overdue.
Summary
Solana is processing over 100 million transactions a day and $650 billion in monthly stablecoin volume, outpacing every other major chain. Spot SOL ETFs have attracted around $1 billion–$1.5 billion in net inflows despite SOL trading roughly 57% below post‑ETF highs. Analysts see a potential breakout if SOL can clear resistance near $92–$100, with ETF flows and derivatives positioning acting as key catalysts. Solana (SOL) is trading around the low‑$90s after a series of 5–7% daily moves, even as its underlying network posts activity figures normally associated with far richer valuations. Dune Analytics data shared by Solana Payments shows the blockchain processing roughly 105.3 million transactions per day as of February 19, 2026, “more than all other major blockchains combined.” In February alone, Solana handled about 3.4 billion transactions excluding votes, one of its most active months on record. At the same time, research cited by Grayscale shows the network processed about $650 billion in stablecoin transfers in February, more than doubling its previous record and overtaking both Ethereum and Tron in monthly stablecoin volume.
According to a price outlook from crypto.news, SOL spent early March consolidating near $88–$89 with a market cap around $50 billion, “a blue‑chip alt that has forgotten how to trend” after a brutal February drawdown. On March 4, Solana emerged as the standout top‑10 performer with a 6% jump to $91.45 and a market cap near $52 billion, as 24‑hour trading volume surged to $7.5 billion and the volume‑to‑market‑cap ratio climbed to 14.4% from a 30‑day average of 11.2%. Another 5.12% daily advance pushed SOL to about $91.46 as ETF inflows rose and whale wallets staked roughly 200,000 SOL worth over $17 million, reinforcing support in the $84–$86 band.
ETFs, derivatives and the “forgotten” rerating trade Behind the price, regulated products are quietly building a structural bid. U.S. spot Solana ETFs are near the $1 billion net‑inflow mark and have attracted about $1.5 billion since launch, even as SOL’s price has fallen roughly 57% from its July 2025 levels, according to Bloomberg data cited by multiple analysts. “Solana ETFs recorded $16.8 million in net inflows on Monday, lifting cumulative inflows to $1.09 billion,” one recent report noted, with the Bitwise Solana Staking ETF alone drawing over $638 million. Crypto.news has reported that around 30 institutions now hold about $540 million in SOL ETF exposure, highlighting how much of this demand is institutional rather than purely retail.
Those flows are increasingly shaping the tape: Bitwise analysis suggests spot ETF flows now account for around 25% of SOL’s price variance, while basis trades remain subdued. Recent derivative market data shows open interest hovering near $5.01 billion, funding rates turning positive and long‑to‑short ratios hitting monthly highs as SOL traded above $89 after a roughly 10% weekly gain. Technical forecasters at crypto.news say a sustained move into the $95–$105 range is possible if buying pressure persists, with upside confirmation coming on a clear break above $100.
Can price catch up with the chain? The core question for traders is whether SOL’s price can catch up to a chain that already looks like a high‑throughput payments and stablecoin backbone. Network statistics indicate Solana is handling around 150 million transactions per day and supporting roughly $2 trillion in quarterly stablecoin transfers, placing it “at the center of the stablecoin economy” according to recent market research. Grayscale and Standard Chartered analysts argue that the activity shift away from memecoins toward payments and tokenized finance justifies structurally higher valuations, with one 2026 base case targeting $250 per SOL and a bull case extending to $320 if ETF flows and technical upgrades land cleanly.
Yet technical risk remains. Crypto.news analysis notes that SOL still trades in a broad $80–$100 “trap,” with $80 acting as crucial support and $96–$116 marked out as the zone that would “reopen structural recovery” if reclaimed. Bears warn that a confirmed break below $80 could trigger a slide toward $64 or even the $59 head‑and‑shoulders target flagged on multi‑day charts. For now, the market is paying blue‑chip prices for a chain that is already settling hundreds of billions a month in stablecoins—but not yet the full premium implied by its usage. Whether that gap closes via a rerating higher or a normalization of activity will define Solana’s next leg.
2026-03-23 15:231mo ago
2026-03-23 10:521mo ago
Kraken Traders Buying Dogecoin Dip, 4.5 Million DOGE Bought in 12 Hours
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Investors into the Kraken cryptocurrency exchange have been busy accumulating Dogecoin (DOGE) in the last 12 hours. As per CoinGlass data, traders have bought up to 4.5 million DOGE worth $407,450 within this time frame.
Key support keeps DOGE's bullish hopes aliveThe move suggests that Kraken traders are interested in leveraging Dogecoin’s crash in price to increase their portfolios.
Notably, Dogecoin dipped as a result of forced selling from leveraged positions as long traders exited their positions. This triggered a rapid downward movement in price for traders betting bullish on the meme coin.
Additionally, the broader crypto market pullback and drop in Bitcoin’s price have also impacted the bearish outlook for DOGE. Despite this downward movement, Kraken users are seeing the price slip as a buy opportunity.
Dogecoin Exchange Netflow Chart | Source: CoinglassThe move suggests that these traders are confident of a rebound in the price of the meme coin in the coming days. This is despite DOGE trading below key moving averages on the market. In the last seven days, DOGE has lost over 10% of its gains, but traders remain optimistic of a possible recovery.
This optimism rests on the $0.088 support, which has continued to hold despite the meme coin’s volatility in the last couple of days. If DOGE is able to defend this support ahead of the Qubic network stress test on April 1, 2026, it could push for higher levels.
Interestingly, at the beginning of the second week of March 2026, a massive transfer was recorded, leaving Kraken to an unknown wallet. A total of $28 million in Dogecoin exited the exchange in a move that market observers considered whale accumulation.
This series of events signals that investors are betting on price recovery and consider the current level a good bargain to increase their holdings.
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As of this writing, Dogecoin exchanged hands at $0.09404, which represents a 0.47% decline in the last 24 hours. The earlier price dip saw the price drop to a daily low of $0.0893 before reclaiming the current level.
DOGE’s trading volume is up by 11.67% to $953.86 million, signaling increased engagement from investors on other exchanges, aside from Kraken.
Other crypto trading platforms that have also recorded increased purchases of Dogecoin within the 12-hour time frame include Gate, with $318,380, Bitget with $203,570 and Coinbase with a total of $186,620.
Meanwhile, Dogecoin’s technical signals, like the Bollinger Bands, indicate that the meme coin could record an uptrend. How soon this will happen remains of interest to market participants.
2026-03-23 15:231mo ago
2026-03-23 10:551mo ago
XRP Climbs Back Strongly With Bulls Regaining Control Amid Macro Shift
XRP rebounds with strengthening momentum as buyers reclaim control, pushing price toward key resistance while easing geopolitical tension fuels renewed confidence in the short-term outlook. XRP Rebound Gains Strength Amid Improving Sentiment At 10:09 a.m. on March 23, XRP is trading at $1.
2026-03-23 15:231mo ago
2026-03-23 10:561mo ago
Strategy Unveils $44 Billion Plan to Buy More Bitcoin, Driven By MSTR and STRC Shares
In brief Strategy unveiled plans to issue $44 billion worth of common and preferred equity. The firm’s variable rate preferred share, STRC, comprised nearly half that sum. Meanwhile, the company notched its smallest Bitcoin purchase in a month. Strategy unveiled plans Monday to issue $44 billion worth of common and preferred equity, a move aimed at providing its Bitcoin-buying machine with fuel for future purchases.
The company said that it had gained the ability to issue an additional $21 billion worth of its common stock (MSTR), according to a press release. That’s in addition to $21 billion worth of its variable rate preferred share, STRC, and $2.1 billion worth of STRK, a convertible preferred share.
Although Strategy debuted its variable rate preferred share more than half a year ago, STRC has enabled Strategy to raise more than $1.5 billion this month due to rising investor interest. Not long before, the company hiked the product’s monthly dividend to 11.5% in an effort to stoke demand.
Following that move, STRC traded above its $100 par value for several days. When that threshold is reached, Strategy has signaled that it will issue STRC to fund Bitcoin purchases. However, STRC has traded below the $100 mark for seven straight trading days. Strategy’s STRK preferred stock is one of several that carries common stock conversion rights.
STRC recent surge issuance underscores Strategy’s shift toward “digital credit.” Over the past year, Strategy has embraced preferred shares as an alternative source of funding to common stock, even though that has weighted the firm with additional costs.
Strategy has spent billions of dollars on Bitcoin this month, yet the firm’s acquisition pace slowed to a crawl last week as its flagship preferred share lingered below that threshold.
The Tysons Corner, Virginia-based firm acquired 1,031 Bitcoin for $76.6 million, according to a press release. The company issued common stock to fund the purchase, which represented Strategy’s smallest in a month.
This past weekend, Strategy co-founder and Executive Chairman indicated that the company’s latest purchase could resemble a more measured step than its previous sprint to start the spring. “The Orange March Continues,” he posted to X on Sunday.
The company’s stock price rose 2% to $138, according to Yahoo Finance. Meanwhile, Bitcoin changed hands around $71,420, paring weekly losses after President Trump telegraphed a five-day pause on U.S. missile strikes against Iran, according to CoinGecko.
On Monday, the Bitcoin-buying firm said its stockpile had reached 762,099 Bitcoin, a sum valued above $54 billion. That meant Bitcoin’s largest corporate holder sat on a nearly $3.3 billion unrealized loss, with an average purchase price of $75,694 per Bitcoin.
Last week, Bitcoin came within about $60 of that threshold before slipping on inflation concerns fueled by higher energy costs and turmoil in the Middle East. Bitcoin slipped below the $76,000 mark in February, intensifying scrutiny on the state of Strategy’s overall business.
On Myriad, a prediction market owned by Decrypt’s parent company Dastan, traders have grown slightly more confident over the past month that Strategy could sell Bitcoin this year. They foresaw an 18% chance of that happening on Monday compared to a 15% chance previously.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2026-03-23 15:231mo ago
2026-03-23 10:571mo ago
Hyperliquid's fee machine is trading like a cheap growth stock
Hyperliquid is generating $14M in weekly fees and leading DeFi growth, but analysts say HYPE still trades at a discount to its fee run‑rate and CEX-style positioning.
Summary
Hyperliquid generated $14 million in protocol fees over seven days, up 56% week‑on‑week, while HyperEVM’s transactions grew 55% and active users 25%, making it the fastest‑growing chain by proportional activity. HYPE has surged more than 600% since launch and recently jumped 17.1% in a single day to about $31.86, even as it trades roughly 44% below its all‑time high with around $6.2 billion in TVL and over $1.23 billion in open interest. Analysts say “fees‑to‑valuation remains compelling relative to CEX comps,” arguing that growth‑adjusted multiples still discount Hyperliquid’s fee run‑rate and positioning as an on‑chain perps hub. Hyperliquid (HYPE), a decentralized perpetuals exchange built around its own HyperEVM chain, has emerged as one of DeFi’s most aggressive fee‑generating protocols in early March 2026. In its latest weekly market brief, altFINS highlighted that “Hyperliquid generated $14.0M in fees over the past week, a +56% increase week‑on‑week, this is exceptional for a derivatives platform and confirms that on‑chain perps activity is picking up meaningfully.”
The same report singled out the underlying chain, noting that “HyperEVM deserves a specific mention, 55% transaction growth this week and a 25% uptick in active users. It’s the fastest‑growing chain by proportional activity, which correlates with HYPE’s strong price momentum.”
Off‑chain statistics mirror that acceleration. HyperEVM has processed roughly 97.8 million total transactions with average daily volume near 434,000, while cumulative on‑chain fees have surpassed $256.2 million since launch, according to analytics compiled by CoinLaw. Daily DEX volumes on HyperEVM peaked near $0.9 billion in late May 2025, with app fees topping $8 million in June and weekly active addresses recently pushing above 106,000 as TVL approached $1.9 billion. “Sustained growth signals that both traders and developers are participating in HyperEVM ecosystem activities,” the report concluded, underscoring how deeply Hyperliquid’s order books now anchor DeFi trading flows.
HYPE trades like a growth stock, but multiples lag revenue That surge in usage is feeding directly into HYPE’s token economics. A recent daily market analysis from MEXC noted that Hyperliquid’s platform “generated $13M in weekly fees with TVL exceeding $6.2B, signaling strong institutional demand,” even as HYPE “is up 662% since its November 2024 launch, currently trading 44% below its all‑time high.” On March 3, the token “surged 17.1% to $31.86 as traders flocked to its 24/7 commodity derivatives during US‑Iran tensions,” with open interest hitting $1.23 billion and deflationary buybacks removing 17,146 tokens to offset an upcoming $316 million contributor unlock, according to a follow‑up report.
Crucially, the market still appears to undervalue that growth relative to traditional exchanges. “With HYPE’s price also rallying, the market is beginning to price in the fundamental activity, though fees‑to‑valuation remains compelling relative to CEX comps,” altFINS wrote, framing Hyperliquid as a rare example where protocol revenues are outrunning token appreciation. On a simple revenue model, annualizing this week’s $14 million in fees implies roughly $728 million in run‑rate protocol revenue if activity holds, a level that would command mid‑to‑high single‑digit forward multiples in listed exchange stocks.
For traders, the setup resembles a late‑stage SaaS rerating: either fees and user growth normalize back toward DeFi peers, or HYPE continues to climb until its market cap better reflects a derivatives venue that is already capturing billions in on‑chain flow. Key live metrics and charts for HYPE can be tracked via dedicated market‑cap dashboards, while broader DeFi coverage on crypto.news—including analyses of derivatives platforms, protocol fee trends and altcoin market structure—provides additional context for Hyperliquid’s rise.
2026-03-23 15:231mo ago
2026-03-23 10:581mo ago
Strategy tops up capital-raising plans, bringing potential bitcoin buying power back to $42 billion
Strategy tops up capital-raising plans, bringing potential bitcoin buying power back to $42 billionExpanded share issuance plans and new Wall Street partners boost capital raising firepower. Mar 23, 2026, 2:58 p.m.
What to know: Strategy unveiled a new $42 billion capital-raising program split between $21 billion in common stock and $21 billion in STRC preferred stock.Additionally, the company could raise $2.1 billion via its STRK preferred series.The company still had around $30 billion available to sell across existing programs, and last week bought an additional 1,019 bitcoin.Strategy (MSTR) has unveiled a $42 billion at the market (ATM), equity program, split between $21 billion of Class A common stock (MSTR) and $21 billion of its Variable Rate Series A Perpetual Stretch Preferred Stock, Stretch (STRC), according to an 8-K filing.
The company also introduced a new $2.1 billion ATM for its STRK preferred stock, replacing a prior STRK program that had more than $20 billion remaining.
The company expanded its sales syndicate. Strategy added Moelis & Company, A.G.P./Alliance Global Partners, and StoneX Financial, bringing the total number of agents to 19. These firms act as intermediaries, selling shares into the market over time, allowing the company to raise capital gradually rather than through large, one-time offerings.
As of March 22, Strategy still had capacity remaining on its existing ATM programs. This included approximately $6.24 billion of common stock, $1.98 billion of STRC, $20.33 billion of STRK, and $1.62 billion of STRF available for issuance.
The company last week purchased another 1,031 bitcoin, bringing holdings up to 762,099 coins. Shares are modestly higher on Monday as bitcoin trades up slightly from the Friday close at $71,300.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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Bitcoin's wild roller coaster ride leaves leveraged traders with $415 million in liquidations
2 hours ago
Bitcoin swung from $67,500 to $71,200 and back to $70,000 in a single session as Trump said he was postponing Iran strikes, then Iran denied any communication was taking place.
What to know:
More than $400 million in crypto positions were liquidated in four hours on Monday as traders were whipsawed by conflicting headlines about U.S.-Iran tensions.Bitcoin briefly surged from about $67,500 to above $71,200 after Donald Trump claimed he had ordered a five-day pause on strikes against Iranian power plants, then quickly pared gains when Iran denied any communication.The liquidations, led by bitcoin, ether and tokenized oil contracts, underscored how derivatives-heavy markets can turn modest net price moves into severe losses for leveraged traders when news shifts rapidly.Top Stories
2026-03-23 15:231mo ago
2026-03-23 11:001mo ago
3 Altcoins That Could Hit New All-Time Highs in the Final Week of March 2026
Some altcoins are trading near their all-time highs as March 2026 enters its final week. Each of them has a distinct technical setup that could trigger record prices before the month ends.
BeInCrypto has thus analysed three such altcoins that the investors should watch as they aim to form new all-time highs.
Kite (KITE)Kite price is trading at $0.2222, up 0.95% on the day, holding just above its EMA at $0.2118 after pulling back from its March 6 all-time high of $0.3233. The consolidation between $0.2169 and $0.2405 has lasted nearly two weeks without breaking lower — a constructive sign.
The MACD subpanel shows the first bullish crossover since the March decline. The MACD line is at -0.0042, the signal line at -0.0044, and the histogram has turned positive at +0.0002. Histogram crossovers of this kind, while small, historically precede directional moves on the daily chart.
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KITE Price Analysis. Source: TradingViewThe annotated measured move targets $0.2450 as the first resistance (a 14.91% gain), and a full return to the all-time high at $0.3233 would represent a 45.13% advance from the current price. A break below the EMA at $0.2118 would invalidate the setup and expose $0.1929.
Cystic (CYS)Cysic (CYS) is trading at $0.694, up 8.52% on the day, after surging roughly 60% from approximately $0.429 on March 16. The all-time high at $0.764 now sits just 10.1% above the current price — the smallest gap it has faced since its listing.
The MFI reads 73.13, approaching but not yet at the 80 overbought threshold. That suggests buying pressure remains active without the market being technically stretched. The annotated 65% measured move target at $0.703 has nearly been reached, with the price currently at $0.694.
CYS Price Analysis. Source: TradingViewThe $0.703 level is the immediate test. A daily close above it would open a direct path to the all-time high. Key support on a pullback sits at $0.568. Cysic is building zero-knowledge proof hardware acceleration infrastructure, and the AI compute narrative driving the sector has acted as the fundamental fuel for this week’s move.
Tria (TRIA)Tria (TRIA) printed a new all-time high of $0.0515 before pulling back 9.39% to $0.0429 on the day. The altcoin has risen from approximately $0.0230 on March 9 to its new peak in just two weeks — a gain of roughly 124% in 14 days.
The ascending trendline from March 3 currently provides support near $0.0410. Price is sitting just above that level after today’s pullback, making the trendline the critical short-term battleground. The Parabolic SAR dot at $0.0280 remains well below the price, confirming the uptrend structure is intact.
TRIA Price Analysis. Source: TradingViewThe correlation coefficient of 0.29 confirms TRIA is moving on its own internal momentum rather than following broader market swings. A trendline hold and daily close above $0.0450 would put the all-time high back within reach. A break of the trendline would expose $0.0334.
2026-03-23 15:231mo ago
2026-03-23 11:001mo ago
Tom Lee's Bitmine Buys 65,000+ ETH For $138M As BMNR Surges 3%
The Accelerating PaceBitmine now holds 4.66 million ETH worth approximately $9.7 billion at $2,072 per token, representing 3.86% of ETH’s circulating supply.
The company increased its weekly purchase pace from an average of 45,000-50,000 tokens to 65,341 last week.
“Our base case is ETH is in the final stages of the ‘mini-crypto winter,'” Lee said, noting that ETH has outperformed equities by 2,450 basis points since the Iran war began, rising 18% while gold fell more than 15%.
The ORBS investment gives Bitmine one of the only publicly listed exposures to OpenAI.
The Staking Revenue MachineBitmine has staked 3.14 million ETH worth $6.5 billion, generating $184 million in annualized staking revenue.
At full scale with the MAVAN staking solution launching Q1 2026, annual staking rewards could hit $272 million using a 2.83% yield.
“Bitmine has staked more ETH than other entities in the world,” Lee said. The company’s 7-day staking yield of 2.83% beats the 2.75% Composite Ethereum Staking Rate administered by Quatrefoil.
Bitmine remains the largest ETH treasury in the world and the second-largest crypto treasury globally behind Strategy (NASDAQ:MSTR), which holds 762,099 Bitcoin valued at $57.69 billion.
The CLARITY Act CatalystLee cited prediction markets showing a 68% chance the CLARITY Act gets signed into law in 2026 as a positive fundamental catalyst for Ethereum. The act is expected to pass before the end of April.
“This is another reason probabilities favor the crypto winter as being largely behind us,” Lee said.
BMNR Tests $23.92 ResistanceBitmine remains down roughly 70% from its October peak of $65.
The Supertrend at $23.92 is the immediate ceiling—price has traded below it since November without a single meaningful reclaim.
The Parabolic SAR at $20.14 recently flipped bullish, sitting below price for the first time in months.
Prior SAR flips in August-September corresponded with BMNR’s strongest sustained rallies, but the September rally also had a clean Supertrend flip to accompany it.
The $19-$20 horizontal support zone has held repeatedly since February, forming what looks like a potential base.
Six weeks of price compression in this zone is constructive. A high-volume break above $23.92 would technically confirm the base and target the next resistance cluster near $29-$30.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
The popular meme-based cryptocurrency Dogecoin [DOGE] has garnered widespread attention from market participants amid the ongoing West Asia crisis.
The impact of this situation is evident across the broader crypto and global financial markets, which have experienced a significant downturn as the crisis enters its 24th day.
As of press time, DOGE declined by over 1.25% in the past 24 hours and was trading at $0.090. Over the past month, however, the memecoin has fallen by nearly 10%.
Whales add 470 million DOGE amid market dip Despite the continued price decline, a well-followed local news outlet reported that whales are heavily accumulating amid the market dip. In a post on X, it was revealed that between the 18th and the 21st of March 2026, large holders purchased 470 millionn DOGE tokens.
Source: X/BSCNews The report further noted that DOGE could potentially reach the $0.15 level in the coming days.
This significant accumulation amid weak market sentiment indicates growing confidence among large investors. It also suggests that major players may be positioning themselves ahead of a potential move, raising questions about whether the current price level presents a buying opportunity.
Derivative tool flashes a mild bearish sentiment According to the derivatives analytics tool CoinGlass, DOGE’s short-term market sentiment is mildly bearish. Data from the DOGE Exchange Liquidation Map showed that intraday traders were heavily tilted toward short-leveraged positions rather than long ones.
Currently, $0.0892 on the downside and $0.0928 on the upside are the two major levels where traders are overleveraged, with $4.13 million worth of long positions and $12.37 million worth of short positions built up.
Source: CoinGlass This bearish outlook is further demonstrated by another derivatives indicator, the Long/Short Ratio, which was at 0.9504 at the time of writing. So, short positions slightly outweighed long positions, reflecting cautious bearish sentiment.
DOGE chart signals potential 15% price jump Dogecoin’s four-hour chart shows that the memecoin continues to trade within a prolonged parallel channel pattern between the lower and upper boundaries of $0.088 and $0.10383. The memecoin has traded within this range since late February 2026.
Source: TradingView This is not the first time DOGE has reached the current level. In particular, the price has touched this zone multiple times, each time recording a strong reversal with an upward move.
Based on the current price action, if DOGE remains above the $0.0882 level, it may repeat its historical pattern and potentially reach the $0.1038 level. On the other hand, a downside move is only likely if DOGE fails to hold its key support level at $0.088.
At press time, the Average Directional Index (ADX), an indicator that measures trend strength, reached 39.47, well above the key threshold of 25, indicating a strong trend in the market, with the current momentum likely to persist.
Final Summary Whales added 470 million DOGE as the price hovered near a historic reversal area amid the ongoing market dip. Price action suggests that a potential 15% jump could be on the horizon, as the memecoin is trading near the lower boundary of a parallel channel pattern.
2026-03-23 15:231mo ago
2026-03-23 11:001mo ago
Bitmine Locks 68% of Ethereum Holdings As Staking Position Surpasses $6.75B
Ethereum is holding above the $2,000 level as selling pressure begins to build again, placing the market in a fragile position after recent recovery attempts. While price has managed to remain above this key psychological threshold, momentum is weakening, with sellers increasingly active on short-term rallies.
At the same time, structural developments beneath the surface suggest a more complex dynamic. A recent surge in Ethereum staking activity at Bitmine, a Fundstrat-backed institutional platform focused on large-scale ETH accumulation and yield strategies, is drawing attention. Just two days ago, Bitmine staked an additional 94,670 ETH, worth approximately $204 million, bringing its total staked holdings above 3 million ETH.
This is significant for several reasons. First, staking effectively removes ETH from the circulating supply, tightening liquidity in the spot market. Second, it reflects a long-term conviction strategy, as staked assets are typically locked and aligned with yield generation rather than short-term trading.
In the current environment, where selling pressure is increasing, this type of institutional behavior provides a counterbalance. While price action remains uncertain, large-scale staking by entities like Bitmine suggests that some participants are positioning for longer-term upside, even as short-term volatility persists.
Bitmine Locks Majority of ETH Holdings as Staking Strategy Deepens Data from CryptoQuant further highlights the scale and intent behind Bitmine’s Ethereum strategy. The platform now holds approximately 3,135,185 ETH staked, representing around $6.75 billion, with 68.22% of its total holdings locked in staking contracts. This level of commitment is notable, as it signals a deliberate shift toward long-term yield generation rather than short-term liquidity management.
Bitmine Balance & Balance change | Source: CryptoQuant From a structural perspective, this concentration of staked ETH has direct implications for market dynamics. By locking a significant portion of its holdings, Bitmine is effectively removing supply from the liquid market, contributing to tighter circulating availability. In periods of stable or rising demand, this type of supply constraint can amplify price movements, particularly if broader participation increases.
However, the signal is nuanced. While large-scale staking reflects institutional conviction, it also reduces flexibility. Locked positions cannot be quickly redeployed in response to market changes, which suggests confidence in Ethereum’s medium- to long-term outlook.
In the current context, where selling pressure is gradually increasing, this behavior stands in contrast to more reactive market participants. It reinforces the idea that while short-term sentiment remains cautious, strategic capital continues to position for structural upside, potentially shaping the next phase of Ethereum’s market cycle.
Ethereum Trades in Compression Range as Macro Downtrend Persists Ethereum is currently trading around the $2,000–$2,100 range, consolidating after a sharp decline from the $3,500 region earlier in the cycle. The chart shows a clear loss of bullish structure, with ETH failing to sustain higher highs and instead forming a sequence of lower highs since late 2025.
ETH consolidates above the $2,000 level | Source: ETHUSDT chart on TradingView From a higher timeframe perspective, the trend remains structurally bearish. Price remains below the 50-period and 100-period moving averages as the 200-period moving average slopes downward overhead. This alignment reinforces the idea that broader momentum is still negative, with rallies likely to face resistance in the $2,800–$3,200 range.
The recent price action reflects compression rather than expansion. After the February sell-off, ETH has entered a sideways range, with relatively tight price movement compared to prior volatility. This type of consolidation often indicates a temporary balance between buyers and sellers, but within a broader downtrend, it typically resolves in the direction of the prevailing trend unless strong demand emerges.
Volume patterns show elevated activity during the initial decline, followed by reduced participation during consolidation, suggesting a lack of aggressive accumulation. In the near term, holding the $2,000 level is critical, while a breakout above $2,300 would be required to challenge the current bearish structure.
Featured image from ChatGPT, chart from TradingView.com
2026-03-23 15:231mo ago
2026-03-23 11:021mo ago
Will Binance Coin Be Overtaken by XRP? Analyzing Market Capitalization Growth Potential
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On the cryptocurrency market, the competition between XRP and Binance Coin (BNB) is subtly turning into one of the more fascinating structural conflicts.
Market structureAlthough both assets are currently experiencing bearish pressure, their long-term positioning and the factors influencing their valuation are very different. From the standpoint of price structure, neither asset is experiencing a significant uptrend.
After a severe correction, BNB is also having trouble regaining higher resistance zones, and XRP is still printing lower highs and is capped below important moving averages.
HOT Stories
XRP/USDT Chart by TradingViewBut underlying growth potential, rather than short-term price action, is the more significant story here. The narrative and potential utility expansion of XRP are its main advantages. Institutional integration is still a central tenet of the XRP Ledger, which is increasingly positioned as a payment settlement layer.
XRP's recovery prospectsA wider use case that goes beyond straightforward value transfer is suggested by developments in tokenization, cross-border liquidity and even novel ideas like AI-driven transactions on XRPL. XRP has a realistic chance of greatly increasing its market capitalization if these stories come true.
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Clarity of regulations is another factor. Compared to many other assets, XRP has already overcome a significant amount of its legal uncertainty. For institutional players, who might otherwise avoid exposure to cryptocurrency assets with ambiguous classification, that alone lowers risk.
Binance Coin set in stoneBut it is difficult to overtake Binance Coin as a rival. Because BNB is directly connected to one of the biggest cryptocurrency ecosystems in the world, its strength is not merely theoretical.
Staking, launchpad access, trading fee discounts and integration throughout the Binance Smart Chain (BNB Chain) are just a few of the ongoing advantages that BNB enjoys from Binance, which is still the world's leading exchange. As a result, there is constant demand that is independent of future narratives because it already exists.
Incremental growth would not be sufficient for XRP to surpass BNB. Sustained institutional inflows, real transaction volume growth on XRPL and wider ecosystem development that challenges Binance's existing infrastructure advantage would all be necessary.
BNB is a cash-flow-like asset, anchored to an established ecosystem, whereas XRP is a growth bet with asymmetric upside tied to adoption. Investors should be aware of this difference. Neither asset exhibits significant bullish momentum in the short term.
2026-03-23 15:231mo ago
2026-03-23 11:031mo ago
Strategy expands ATM programs across stock lines to fund ongoing bitcoin buys
Strategy is adding more ways to fund its bitcoin purchases, rolling out new at-the-market, or ATM, programs across its common stock and preferred share offerings.
In a Form 8-K filing with the SEC on Monday, the company said it will now sell up to $21 billion of additional common MSTR stock, alongside $21 billion of its STRC preferred shares and $2.1 billion of STRK preferred shares through new ATM programs.
The new programs will allow Strategy (MSTR) to gradually issue shares into the market, rather than raising capital in a single transaction. Proceeds from similar programs have funded many of Strategy’s bitcoin purchases since early last year, with the company relying on a growing stack of issuance vehicles, including ATM facilities tied to preferred stock products such as STRF and STRD.
Combined, the company now has tens of billions of dollars in potential issuance capacity across its equity and equity-linked offerings.
Strategy ramps up bitcoin buys The expansion comes as Strategy continues to add to its bitcoin holdings.
The company purchased another 1,031 BTC for about $76.6 million last week, bringing its total to 762,099 BTC, according to a separate filing. The purchases were funded through prior sales of its Class A common stock.
Strategy has spent roughly $57.7 billion acquiring bitcoin to date, with the position currently sitting below cost based on recent prices. That discrepancy translates into a more than $3.2 billion unrealized loss, according to SaylorTracker data.
Strategy bitcoin accumulation chart. Source: SaylorTracker The ATM programs are a core part of the firm’s broader "42/42" plan, which targets $84 billion in capital raises through equity and convertible notes by 2027 to fund additional bitcoin purchases.
But that flexibility comes with a cost.
"If fully utilized, the $21 billion STRC program would add roughly $2.4 billion in annual dividend obligations," wrote The Block analyst Ivan Wu. "Combined with about $1 billion in existing payouts, Strategy’s current cash reserves would cover only around eight months of dividends."
Strategy’s shares have fallen sharply from their 2025 highs, and the company’s premium to net asset value has narrowed, potentially making future issuance less efficient if conditions weaken further. Shares of MSTR are trading for nearly $140 on Monday, continuing to recover after hitting a long-term low of $107 in late February.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
A company that used to sell antimicrobial eye care products now owns almost one-tenth of the Sky protocol’s governance token. That sentence is not a joke.
NovaBay Pharmaceuticals, trading under the ticker NBY, has rebranded itself as Stablecoin Development Corp (SDEV) after closing a $134M private placement and scooping up 2.06 billion SKY tokens — roughly 8.78% of the token’s entire circulating supply. The haul is currently valued at approximately $147M.
From lab coats to lockups The company accumulated its position partly through open-market purchases at an average price of around $0.065 per token. It’s now staking the holdings for yields that management says exceed 10% annually.
That staking activity has already generated 26.6 million SKY tokens in rewards. In English: the treasury is printing more governance power just by sitting there.
Shares of the newly christened SDEV rose about 5% on the news. Modest, but not bad for a company whose previous claim to fame was an FDA-cleared wound care solution called NovaBay.
The pivot follows a growing trend of publicly traded companies reinventing themselves as crypto treasury vehicles. MicroStrategy — now rebranded as Strategy — pioneered this playbook with Bitcoin. Others have tried copying it with varying degrees of success and self-awareness. SDEV is betting the same logic applies to a DeFi governance token, which is a considerably spicier proposition.
Why SKY, and why this much of it Sky (formerly MakerDAO) is the protocol behind USDS, a decentralized stablecoin. Holding SKY tokens means holding votes on how that stablecoin ecosystem operates — everything from collateral requirements to fee structures.
Here’s the thing: when a single entity controls nearly 9% of a governance token’s supply, it doesn’t just earn yield. It earns influence.
There’s a plausible strategic angle buried under the headline absurdity. A pharma-adjacent company with deep governance sway over a stablecoin protocol could theoretically push USDS toward regulated healthcare payment rails. Think clinical trial disbursements, insurance settlements, or tokenized pharmaceutical supply chain finance. Whether SDEV actually pursues that vision or simply treats SKY as a yield farm with a stock ticker remains to be seen.
The concentration risk is hard to ignore, though. SKY is a governance token for a DeFi protocol — not exactly the most liquid or stable asset class. A position worth $147M representing 8.78% of supply means exits would be painful. Any significant sell pressure from SDEV would crater the token’s price well before the company could fully unwind.
Lockup terms on the staked tokens add another layer of illiquidity. Management is essentially betting that SKY’s value holds or appreciates over whatever vesting timeline they’ve committed to. If DeFi governance tokens enter another prolonged winter, SDEV shareholders are along for the ride.
What this means for investors The bull case is straightforward: staking yields above 10% dwarf anything NovaBay was generating in the pharmaceutical business. The company’s legacy operations were small, unprofitable, and going nowhere. Pivoting to a crypto treasury strategy at least gives the stock a narrative catalyst and a measurable income stream.
The bear case is equally straightforward: this is a micro-cap company concentrating its entire balance sheet in a single volatile token with governance-level exposure to DeFi regulatory risk. If the SEC decides governance tokens are securities, or if Sky’s protocol economics change unfavorably, SDEV has no fallback business to cushion the blow.
For SKY holders, the implications are mixed. Having a publicly traded company as a major stakeholder could lend legitimacy and create buying pressure. But it also introduces a whale with corporate obligations — quarterly earnings calls, shareholder lawsuits, board decisions — that don’t always align with decentralized governance ideals.
Watch whether SDEV actually submits governance proposals aimed at healthcare use cases. That would signal this is more than a yield play. If the company stays silent on governance, it’s just a leveraged bet with extra steps.
Bottom line: A pharma company owning 9% of a DeFi governance token is either the most creative corporate pivot of 2025 or the setup for a cautionary tale. The staking math works today. Whether it survives contact with a real market downturn is another question entirely.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
2026-03-23 15:231mo ago
2026-03-23 11:031mo ago
Energy policy and small-cap moves set the macro backdrop as Bitcoin climbs near $71K
The US Energy Secretary wants to flood the market with diesel. Bitcoin is up nearly 4% in a day. And the Fear & Greed Index is stuck at 8 — deep in “Extreme Fear” territory. If that combination sounds contradictory, welcome to the current macro backdrop.
Chris Wright signaled plans to boost diesel supply, a move that could relieve one of the stickiest inflation pressure points in the economy. More fuel availability means lower transport costs, which means cheaper everything else. For risk assets like crypto, that’s the kind of macro tailwind traders have been begging for.
The numbers behind the noise Bitcoin climbed near $71K on the day, posting a 3.9% gain over 24 hours. Not a bad Tuesday. But zoom out to the seven-day view and BTC is actually down 3.6%, a reminder that short-term pumps can mask a choppier trend.
Ethereum pushed past $2,100 with a 4.8% daily gain, while Solana traded around $91, up 4.7% in the same window. Across the board, major tokens caught a bid — the kind of synchronized green candle day that usually signals macro relief rather than asset-specific catalysts.
Here’s the thing, though. The Fear & Greed Index from Alternative.me reads 8. That’s not just fear. That’s “checking your portfolio through your fingers” fear. Last week it sat at 23, which was already in Extreme Fear territory. The current reading is among the lowest the index has printed in recent memory.
In English: prices went up, but almost nobody believes it yet. That disconnect between price action and sentiment is one of the more interesting signals in the market right now.
For context, readings below 10 on the Fear & Greed Index have historically preceded significant moves in both directions. They tend to mark either capitulation bottoms or the calm before another leg down. The index doesn’t predict direction — it just tells you the crowd is terrified.
Diesel, inflation, and the macro chain reaction Energy Secretary Wright’s diesel supply push matters more than it might seem at first glance. Diesel is the economy’s circulatory system. It moves trucks, ships, and trains. When diesel gets expensive, the cost gets passed to literally everything that gets transported — which is, well, everything.
The logic chain for crypto runs like this: more diesel supply leads to lower fuel costs, which eases headline inflation, which gives the Federal Reserve more room to cut rates or at least stop hiking, which makes risk assets more attractive relative to cash and bonds. It’s not a straight line, but every link in that chain has held up historically.
This comes at a time when inflation data has been stubbornly uncooperative. The Fed has spent months waiting for convincing evidence that price pressures are sustainably fading. A structural increase in diesel availability would be a welcome data point in that narrative, even if its effects take quarters to fully materialize.
Meanwhile, Twin Vee PowerCats — a small-cap boat manufacturer you’ve almost certainly never heard of — filed an at-the-market offering under Nasdaq rules. On its own, a boat company raising capital isn’t crypto news. But it’s a useful barometer. Small-caps are still scrambling for funding in a tight capital environment, which tells you that despite the rally in large-cap tech and crypto blue chips, liquidity isn’t exactly flowing freely across all asset classes.
When small companies have to dilute shareholders just to keep the lights on, it signals that the broader financial environment remains restrictive. That matters for crypto because the same liquidity conditions that squeeze small-caps also limit the kind of speculative capital that typically flows into altcoins and DeFi protocols.
What this means for investors The divergence between daily price action and the Fear & Greed reading at 8 is the most important thing to watch here. Extreme fear at these levels has historically been a contrarian indicator — meaning the crowd is usually wrong when it’s this scared. But “usually” isn’t “always,” and the 3.6% weekly decline in Bitcoin suggests the market hasn’t fully decided on a direction.
The energy policy angle is a slow-burn positive. Don’t expect diesel supply changes to move Bitcoin tomorrow. But if Wright follows through and fuel costs trend lower over the coming months, it removes one of the biggest obstacles to the rate-cutting narrative that crypto bulls need.
One category worth noting: Four.meme Ecosystem tokens on BNB Chain posted a staggering 175.6% gain over seven days, according to CoinGecko data. That’s the kind of meme-fueled rotation that often happens when traders are bored with range-bound majors and start hunting for volatility in the long tail. It’s not a sign of a healthy market — it’s a sign of a restless one.
The competitive landscape right now favors patience over conviction. Bitcoin holding near $71K is constructive, but it needs to reclaim its weekly losses and hold above that level to suggest the rally has legs. Ethereum breaking $2,100 is psychologically important, but the token has teased and then lost that level multiple times this cycle.
The risk? That this 24-hour move is a bear market rally — the kind of green day that lures in late buyers before resuming the trend lower. An Extreme Fear reading of 8 means the market is priced for bad outcomes. If those outcomes don’t materialize, there’s room for a relief rally. If they do, well, there’s a reason the index is at 8.
Bottom line: Energy policy shifts and small-cap capital struggles are painting a macro picture that’s cautiously improving but far from resolved. Bitcoin’s daily pop looks good on a chart, but the weekly decline and rock-bottom sentiment suggest the market is still trying to find its footing. The diesel supply story is worth monitoring as a slow-moving inflation catalyst. For now, the smartest move might be watching which signal breaks first — the fear or the price.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
2026-03-23 15:231mo ago
2026-03-23 11:051mo ago
Ethereum Whales Are Profitable Again — A Historic Signal for the Market?
What if the largest Ethereum holders just gave you the most reliable buy signal of 2026? While the crypto market is going through a period of uncertainty, a key indicator resurfaces: Ethereum whales return to profitability. A phenomenon that, in the past, has often marked the start of new bullish cycles.
In Brief Ethereum whales return to profitable territory, an indicator that has historically preceded market rises. This ambivalent signal can indicate accumulation or distribution, with key levels to watch between $1,800 and $2,500. The coming weeks will be decisive to confirm whether this phenomenon marks a turning point or a trap for crypto investors. Return to Profitability for Ethereum Whales: A Historic Signal? At the moment Ethereum reaches a historic high, on-chain data confirms another major turning point. After months of losses, Ethereum whales are profitable again. Indeed, these giant addresses that strongly influence the crypto market see their wallets back in the green. This phenomenon is not trivial. Historically, every time whales became profitable after a period of capitulation, the market often began a recovery phase.
Profitability of Ethereum whales. For example, after the March 2020 crash, whale profitability preceded a spectacular rise in Ethereum, going from 100 dollars to over 4,000 dollars in one year. Today, with ETH consolidated around 2,000 dollars, this signal could indicate the beginning of a new growth phase. However, whale profitability could also encourage some of them to sell to realize their profits, which would put downward pressure on the price.
Crypto: Ethereum at $2,000 — Sell or Buy? With Ethereum oscillating around 2,000 dollars, crypto investors wonder whether to buy, sell or wait. Key levels to watch are numerous. On the downside, a major support is at 1,800 dollars, a level which, if broken, could trigger a new wave of selling. On the upside, strong resistance lies between 2,200 dollars and 2,300 dollars, where the 50, 100, and 200-day moving averages are located.
For long-term investors, a gradual accumulation strategy might be wise, especially if the price holds above 2,000 dollars. Traders, meanwhile, could capitalize on oscillations between 1,800 dollars and 2,500 dollars to make short-term gains. However, it is crucial to keep an eye on external factors such as macroeconomic decisions and interest rates.
Ethereum stands at a decisive crossroads. The return to profitability of crypto whales is a strong signal, but its interpretation will depend on their future behavior. One thing is certain, the coming weeks will be decisive for ETH. And you, will you follow the whales or wait for clearer confirmation?
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
2026-03-23 15:231mo ago
2026-03-23 11:061mo ago
XRP's $93B volume spike flips BNB—for a moment—but utility takes the win
XRP’s brief flip of BNB for the fourth‑largest crypto spot has exposed a sharp gap between sentiment and utility, as a $93 billion market‑cap spike driven by a 125% volume jump collides with BNB Chain’s deeper, steadier on‑chain footprint.
Summary
XRP surged above $1.50 on March 17, 2026, as trading volume jumped 125% to $3.22 billion, pushing its market cap to about $93.4 billion and briefly overtaking BNB. BNB quickly reclaimed fourth place with an $85.9 billion market cap at a price near $627, supported by an ecosystem that regularly processes more than 12 million daily transactions and has hit records near 31–35 million in a single day. Analysts say the whipsaw reflects “small price moves flipping rankings” at this size and a market that may be “rewarding narrative and regulation headlines more than structural usage, at least in the short term.” XRP’s volume shock briefly catapults it over BNB XRP (XRP) roared back into the crypto top tier on March 17 when its price broke the $1.50 barrier on a sudden 125% spike in trading activity, lifting its market capitalization to roughly $93.4 billion and nudging Binance’s BNB (BNB) into fifth place—if only for a moment.
“XRP has recently surpassed BNB, securing its position as the fourth‑largest cryptocurrency by market capitalization,” one market report noted, adding that the price “surged beyond $1.50, driven by a remarkable 125% increase in trading volume,” with daily turnover hitting about $3.22 billion. Social media channels amplified the move, with one widely shared post summarizing it bluntly: “XRP just flipped BNB with a 125% volume surge pushing price above $1.50—whale appetite is real at a $93.4B market cap.”
Derivatives traders piled in as well. Since October, Binance futures open interest on XRP has climbed about 59%, rebuilding toward levels seen before the last major market downturn, a sign that “traders are aggressively re‑leveraging” into the narrative. The rally coincided with U.S. regulators classifying XRP as a “digital commodity,” a designation that one analyst said “provides a new regulatory framework for institutional adoption” and helped legitimize the asset for large allocators.
BNB’s steady utility base retakes the lead The flip, however, did not last. By March 22–23, BNB had reclaimed fourth place with an $85.9 billion market cap, edging past XRP’s roughly $85 billion valuation by less than $1 billion and underscoring how marginal price moves decide rankings at this scale. “BNB market capitalization hits $85.9 billion with a price of $627, surpassing XRP’s $85 billion valuation,” CoinFomania reported, noting that the gap “remains less than $1 billion, emphasizing the close competition for the fourth spot.”
Behind that stability lies a heavy‑duty network. BNB Chain documentation describes a baseline of about 12.4 million daily transactions and $9.3 billion in average daily trading volume, with a record 17.6 million transactions in a single day. In October 2025, the chain processed around 31–35 million daily transactions during a meme‑driven “on‑chain szn,” setting a throughput watermark that developers still cite as proof of resilience. “The BNB ecosystem remains active. It continues to grow in areas like DeFi, AI and on‑chain activity,” one recent outlook explained, arguing that “steady demand for BNB has supported its price” compared with XRP’s more volatile burst.
Sentiment vs utility in the altcoin rankings For market strategists, the episode has become a textbook case of sentiment temporarily outrunning structural usage. XRP’s rally came as analysts projected a multi‑year bull cycle for large‑cap altcoins such as XRP, BNB and Solana (SOL) into 2027, backed by “deeper capital pools, stronger infrastructure, and growing institutional participation.” At the same time, reports on broader altcoin market trends stress that 2026 is defined by sector maturation and real‑world utility, a shift that tends to reward platforms where transactions, DeFi activity and application ecosystems are already dense.
“XRP’s growth has slowed after its recent surge. This does not mean XRP is weak. It simply means BNB gained faster during this period,” one analyst note observed, adding that “when market caps are close, even minor changes can flip rankings.” Others point to Solana’s rise as a third leg in this contest: a chain that has already surpassed Ethereum and Tron in monthly stablecoin volumes and daily active addresses, yet still trades below both XRP and BNB in market cap. That leaves a clear relative‑value question hanging over the market: are traders paying more for regulatory headlines and volume spikes than for sustained chain usage?
2026-03-23 15:231mo ago
2026-03-23 11:071mo ago
Ethereum Price News: Bear Trap Could Finally Kick Off Rally to $2.8K
ETH/USDT Daily Chart – Source: TradingView The fact that this signal popped up after the price broke through a key level is quite relevant, as it could be an early signal of an upcoming trend reversal.
However, since the latest retreat pushed the price below this mark, we still need to see how today’s uptick plays out.
If the American session manages to push ETH above $2,150, liquidations will spike to much higher levels, causing a short squeeze in the short term and allowing the top altcoin to recapture this key level.
The Relative Strength Index (RSI) in this higher time frame had already spiked to 66, which is commonly interpreted as a buy signal as well. We’ll have to wait and see how today’s session unfolds before jumping to conclusions.
Rally Toward $2,800 Possible If ETH Breaks This Key Resistance Heading to the hourly chart, we can see that the selling pressure quickly ramped up as ETH tried to break past $2,150.
The hourly candle left behind a big upper wick, confirming that this is still a major ceiling. As stated previously, the American session needs to accompany this move and blow up that resistance to get ETH moving toward the target we set forth recently at $2,800.
2026-03-23 15:231mo ago
2026-03-23 11:091mo ago
Strategy MSTR stock gains fresh firepower as $42 billion ATM equity plan restores bitcoin buying power
Investors saw renewed focus on how the strategy mstr stock capital plan could reshape the companys approach to bitcoin accumulation and balance-sheet management.
Summary
Strategy outlines new $42 billion capital-raising frameworkExpanded sales syndicate and ATM mechanicsExisting ATM capacity and bitcoin holdingsBitcoin volatility triggers $415 million in liquidations Strategy outlines new $42 billion capital-raising framework Strategy (MSTR) has launched a massive $42 billion at-the-market (ATM equity program) that rebuilds its potential bitcoin buying power. The plan splits evenly between $21 billion of Class A common stock (MSTR) and $21 billion of Variable Rate Series A Perpetual Stretch Preferred Stock, Stretch (STRC), according to an 8-K filing.
Moreover, the company unveiled a separate $2.1 billion ATM facility for its STRK preferred series. This new authorization replaces a prior STRK program that still had more than $20 billion of unused capacity, signaling a shift in how the firm structures preferred issuance.
With this latest package, the full strategy mstr stock financing architecture again gives management considerable flexibility to tap equity markets as needed while extending the life of its preferred share tools.
Expanded sales syndicate and ATM mechanics The firm also broadened its distribution network. Strategy added Moelis & Company, A.G.P./Alliance Global Partners, and StoneX Financial to its sales syndicate, lifting the total number of agents to 19. However, the underlying mechanism remains the same.
These intermediaries sell shares directly into the open market over time rather than via a single, large capital raise. That said, this structure allows Strategy to gradually source funds at prevailing prices, potentially smoothing the impact on MSTR common stock and STRC preferred stock valuations.
Existing ATM capacity and bitcoin holdings As of March 22, Strategy still had substantial existing ATM capacity across several instruments. The company reported around $6.24 billion of Class A common stock, $1.98 billion of STRC preferred stock, $20.33 billion of STRK, and $1.62 billion of STRF available for issuance under prior programs.
In parallel with these capital moves, Strategy continued to add to its Bitcoin reserves. Last week, the company purchased another 1,031 bitcoin, bringing total holdings to 762,099 coins. Moreover, this ongoing accumulation underscores how equity and preferred issuance directly support its long-term digital asset strategy.
Shares of Strategy were modestly higher on Monday as bitcoin traded slightly above the prior Friday close, changing hands around $71,300. However, the broader crypto market showed signs of elevated volatility that could influence future capital deployment.
Bitcoin volatility triggers $415 million in liquidations The wider market backdrop turned turbulent as Bitcoin staged a sharp intraday swing. On Monday, the price moved from about $67,500 to roughly $71,200 before retreating to near $70,000 in a single session, highlighting fragile sentiment.
This volatility followed rapidly evolving geopolitical headlines. Donald Trump said he was postponing strikes on Iranian power plants for five days, then officials in Iran denied that any communication about such a pause had taken place. That said, conflicting narratives fueled sharp repositioning among leveraged traders.
Within roughly four hours on Monday, more than $400 million in crypto derivatives positions were liquidated, with total losses reaching $415 million. Moreover, the largest share of these liquidations came from bitcoin, ether, and tokenized oil contracts.
The episode illustrated how derivatives-heavy markets can transform relatively modest net price changes into steep losses for overleveraged traders. However, for balance-sheet-driven buyers like Strategy, such pullbacks can create fresh entry points if capital-raising channels remain robust.
Overall, the combination of a refreshed ATM framework, deep remaining issuance capacity, and an active bitcoin accumulation policy positions Strategy to respond quickly to future market dislocations and volatility spikes.
Lorenzo Marcek
Lorenzo Marcek is a financial journalist and senior crypto markets analyst known for his clear, data-driven approach to digital asset reporting. With a background in economics and more than a decade covering global markets, he specializes in on-chain metrics, institutional adoption trends, and macro-driven crypto movements. His work blends investigative journalism with technical market insight, making him a trusted voice for traders seeking grounded, actionable analysis.
2026-03-23 15:231mo ago
2026-03-23 11:131mo ago
Ethereum Price Prediction as Bitmine CEO Says ETH Crypto Winter Is Ending Soon
Ethereum is trading near the $2,000 level as the crypto remains under pressure amid a broader market pullback linked to geopolitical tensions and shifting macroeconomic conditions. According to CoinCodex, the ETH price fluctuated between roughly $2,023 and $2,200 in the last 24 hours. At press time, the ETH price was trading at $2170, a 4.70% surge from the intra-day low.
The recent decline followed a wider sell-off across risk assets, including Bitcoin and major altcoins, as investors responded to developments in the Middle East and uncertainty around U.S. interest rate expectations. Despite the pullback, Ethereum has remained within a defined trading range, with resistance near $2,220 and downside levels extending toward $1,960 if support fails to hold.
At the same time, institutional activity has provided additional context for Ethereum’s position. Bitmine Immersion, an Ethereum-focused treasury firm chaired by Tom Lee, reported holdings of more than 4.66 million ETH following its latest purchase of 65,341 ETH. The firm’s total crypto and cash holdings stand at approximately $11 billion, with Ethereum representing a large share of its balance sheet.
The scale of these holdings places Bitmine among the largest known corporate holders of Ethereum.
Bitmine Accumulation and Market OutlookTom Lee stated that Ethereum is in the final stages of what he described as a “mini-crypto winter,” pointing to recent price performance relative to traditional markets. According to his remarks, Ethereum has outperformed equities during the current geopolitical period, with gains of around 18% since the start of the conflict. The company has continued to increase its ETH exposure over recent weeks, maintaining a steady pace of accumulation.
Bitmine’s Ethereum holdings represent approximately 3.86% of the circulating supply, estimated at 120.7 million ETH. In addition to its ETH reserves, the firm holds smaller allocations in Bitcoin and other assets, as well as over $1 billion in cash. A large portion of its Ethereum position is staked, with more than 3.1 million ETH currently generating yield. Based on recent figures, staking rewards are estimated at over $270 million annually.
The firm’s accumulation strategy reflects ongoing institutional engagement with Ethereum despite current market conditions. While price levels remain below earlier highs, continued buying activity by large holders has bolstered market liquidity and long-term positioning. Broader ETF data and retail participation trends have also shown steady engagement, even as short-term volatility persists.
ETH Technical Trend Hints at Rally to $2,400From a technical perspective, Ethereum remains in a short-term downtrend, particularly on lower timeframes such as the four-hour chart. Price has formed a sequence of lower highs after failing to sustain momentum near the $2,300-$2,340 resistance zone. This pattern has indicated continued selling pressure, with each rebound facing resistance before extending lower.
The immediate support zone between $2,070 and $2,090 has become critical. Price has tested this region multiple times, and repeated interaction has reduced its strength. Current price action shows Ethereum pressing into this range, with limited signs of a strong recovery. If the level breaks, technical projections point to a potential move toward $1,800, based on the prevailing structure.
Source: X
Resistance remains defined between $2,190 and $2,280 in the short term, while the broader rejection zone near $2,300 continues to act as a ceiling. A sustained move above these levels would be required to shift the current structure and reduce bearish pressure. Until such a move occurs, rebounds are being monitored as short-term recoveries rather than a confirmed trend reversal.
2026-03-23 15:231mo ago
2026-03-23 11:191mo ago
BTC USD Price Runs Toward $72,000 as Middle East Tensions Cools: $160M in Shorts Liquidated
BTC USD Price Runs Toward $72,000 as Middle East Tensions Cools: $160M in Shorts Liquidated Market Analysis
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3 minutes ago
The Bitcoin price is ripping. BTC USD price reclaimed $71,000 this afternoon, erasing weekly losses as reports of postponed Iranian strikes triggered a massive risk-on pivot. The sudden reversal caught bears offside, triggering over $160 million in short liquidations in just a few minutes.
Markets were pricing in immediate war escalation over the weekend. Trump’s ultimatum to reopen the Strait of Hormuz initially sent Bitcoin sliding below $67,000, tightly correlating digital assets with broader geopolitical risk. But the announcement of a five-day delay in strikes alleviated immediate fears, allowing capital to rotate aggressively back into risk assets.
The relief rally was violent. Traders who front-ran the “war trade” by shorting were forced to cover, fueling a classic short squeeze. While the situation remains volatile, the immediate market analysis suggests the panic discount has been fully repriced. The Fear and Greed Index has flipped back from Fear to Greed in a matter of hours.
Can BTC USD Reclaim $72,000 Price Resistance?Bitcoin is trading at $71,450, hammering against the psychological $$72,000 barrier. The recovery from the $67,000 lows confirms strong demand at the 50-day EMA, a level that has acted as a springboard for previous legs up. The RSI on the 4-hour chart has reset from oversold territory and is now pushing neutral 52, leaving room for further upside.
Bulls need to see a daily close above $71,500 to confirm this is a resumption of the uptrend rather than a dead-cat bounce. If that level breaks, the path to the $74,000 annual high is clear. Conversely, a rejection here could see prices retest the key support levels around $67,500.
Bull Case: A clean break and close above $72,000 targets $74,700 next. Bear Case: Failure to hold $68,500 risks a flush back to liquidity pools at $66,200. Until $67,500 is lost, bulls are in control of the immediate trend.
BTC USD Price, TradingView$160M in Shorts Wiped in MinutesCoinGlass data reveals that over $160 million in BTC USD short positions were liquidated as the price blasts above $71,000. This indicates that positioning was overly bearish, anticipating a deeper flush from the Hormuz crisis, which never materialized.
Funding rates have begun to tick upwards, suggesting leverage is re-entering the system on the long side. However, open interest is yet to reclaim its yearly highs, implying this rally is driven more by spot demand and short covering than by frothy leverage. This is a healthy signal for sustainability.
BTC USD liquidation, CoinglassTraders are now watching the $71,200 level closely. With Trump’s influence on the geopolitical narrative still a wild card, any headline regarding the expiration of the five-day pause could reintroduce volatility.
BTC USD Price Is Bullish, And Investors Are Ready to Rotate to Infrastructure as Hyper Targets SVM ScalabilityWhile spot Bitcoin finally breaks the $70,000 barrier, smart money creates a noticeable trend of capital rotation into high-beta infrastructure plays. Investors often hedge against mainnet chop by allocating to Layer 2 protocols that promise to solve Bitcoin’s velocity constraints.
The project has followed the market sentiment, amassing an impressive $32 Million in its ongoing presale. Bitcoin Hyper aims to deliver sub-second finality and high-speed smart contracts directly to the Bitcoin ecosystem, effectively bridging the gap between Bitcoin’s security and Solana’s speed. $HYPER is currently priced at $0.0136 with 36% APY on staking rewards.
This massive fundraising milestone indicates that investors are rotating toward infrastructure capable of unlocking trillions in dormant BTC capital.
Find Bitcoin Hyper here.
2026-03-23 15:231mo ago
2026-03-23 11:191mo ago
Ethereum Price Jumps on Iran Optimism as Tom Lee's BitMine Adds to $10 Billion Stash
In brief BitMine Immersion Technologies (BMNR) acquired 65,341 ETH last week. The company now holds over 4.66 million ETH tokens, valued above $10.1 billion. However, BitMine has an unrealized loss near $7 billion due to ETH's slide in recent months. Leading Ethereum treasury company BitMine Immersion Technologies has continued its aggressive ETH accumulation strategy, purchasing 65,341 ETH last week and bringing its total holdings to over 4.66 million tokens—$10.17 billion worth—according to a new SEC filing.
Meanwhile, Chairman Tom Lee said he's been positioning the company for what he believes is an approaching crypto market recovery. (Disclosure: Lee is one of several angel investors in prediction market Myriad, which is operated by Decrypt’s parent company, Dastan.)
And indeed, Ethereum is up on the day, rising about 5% over the last 24 hours to a recent price of $2,180. The price of Ethereum and other top assets surged Monday morning following optimistic comments from President Trump, who said he would delay bombings on Iran following constructive peace talks with the nation.
The latest BitMine purchase, valued at approximately $142 million based on current Ethereum prices, extends what has become the largest institutional ETH treasury position. BitMine said in a press release that it also holds $1.1 billion in cash, along with about $14 million worth of Bitcoin.
The company is now sitting on a paper, or unrealized, loss of approximately $7 billion, according to crypto market intelligence platform DropsTab.
This new ETH purchase comes as Lee has expressed confidence that the crypto market is nearing the end of its current downturn.
"If we asked any investor, they can list all the reasons why they're worried and what could go wrong, and that gets priced in very quickly," the BitMine chairman said during an appearance on CNBC on Friday. "But we have to know that that's counterbalanced. Opportunities have always emerged. When we look at the last eight major war events, the market was always bottoming very early into the conflict."
According to data cited in market reports, BitMine's ETH holdings now represent approximately 3.81% of the total Ethereum supply.
Beyond spot accumulation, the company has also deployed significant portions of its holdings into staking operations. BitMine has staked holdings totaling 3,142,291 ETH, generating additional yield while maintaining long-term exposure to the asset. Once its treasury is fully staked, the firm expects to earn approximately $272 million per year in yield.
This accumulation has occurred against a backdrop of broader market uncertainty, with user sentiment on Myriad—a prediction market platform owned by Decrypt's parent company Dastan—climbing higher on pessimism amid wider equity market volatility. CoinMarketCap's Fear and Greed Index currently sits at 35, signaling Fear, at the time of the writing.
However, Alternative.me's Crypto Fear and Greed Index sits at 8, or Extreme Fear, at the time of writing.
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