BitMine's growing Ethereum stake could influence market dynamics, potentially impacting liquidity, price stability, and investor sentiment.

The post Tom Lee’s Bitmine approaches 80% of goal to hold 5% Ethereum supply appeared first on Crypto Briefing.

ABTC's growth highlights increasing corporate interest in Bitcoin, potentially influencing broader market adoption and regulatory scrutiny.

The post Trump-backed American Bitcoin tops 7,000 BTC, sats per share double appeared first on Crypto Briefing.

Strategy's pause in Bitcoin accumulation may signal market caution, impacting investor sentiment and future corporate cryptocurrency strategies.

The post Strategy pauses Bitcoin accumulation after 13-week buying streak ahead of quarter-end appeared first on Crypto Briefing.

Midas' Series A funding and mTokens' growth highlight a shift towards more transparent, flexible, and accessible onchain investment solutions.

The post Midas secures $50M Series A as mTokens surpass $1.7B in assets minted appeared first on Crypto Briefing.

The Ethereum Foundation's staking strategy may stabilize ETH prices and attract more institutional interest, enhancing blockchain ecosystem growth.

The post Ethereum Foundation stakes over 22,500 ETH in largest single deployment appeared first on Crypto Briefing.

Bitcoin Magazine

Trump-Linked American Bitcoin (ABTC) Surpasses 7,000 BTC as Treasury Growth Accelerates; Mining Peer Slides

ABTC has crossed 7,000 BTC in corporate reserves, marking more expansion of its Bitcoin treasury following its Nasdaq listing. The company reported its holdings have nearly tripled since launch, while “satoshis per share” have more than doubled over the same period. 

ABTC now ranks among the top publicly traded Bitcoin-holding firms globally, coming in at #16, according to bitcointreasuries.net. 

American Bitcoin has been aggressively expanding its mining operations, purchasing over 11,000 ASIC machines this month to significantly boost hashrate capacity. 

The company plans to scale its fleet toward ~89,000 rigs and ~28 EH/s, focusing on self-mining BTC at lower costs rather than market purchases. 

Executives say this strategy is designed to increase Bitcoin holdings efficiently, with strong reported mining margins.

ABTC co-founder Eric Trump also took to X earlier this month and said that major U.S. banks, including JPMorgan Chase, Bank of America, and Wells Fargo, are lobbying in Washington to restrict higher-yield crypto and stablecoin products through legislation like the CLARITY Act, aiming to protect traditional banking profits.

ABTC’s rough stock performance

The company reported a challenging fourth quarter earlier this year as bitcoin’s 23% price decline triggered a $227 million non-cash mark-to-market loss and a $59 million net loss. Revenue for the quarter was $78.3 million, slightly below estimates but up from $64.2 million a year earlier, with full-year revenue of $185.2 million. 

The firm ended last year with 5,401 BTC and has since grown holdings above 6,000 BTC through mining and open-market purchases. 

The company said roughly one-third of its bitcoin came from mining, the rest from acquisitions. It operates at a 53% mining margin, indicating profitability despite volatility. 

Since its Nasdaq debut in September of 2025, shares have fallen sharply from peak levels, down over 90%.

Industry peers such as MARA and Riot are diversifying into AI infrastructure, while Hut 8 supports American Bitcoin and expanded credit facilities to $400 million, alongside a $200 million revolving line from Two Prime, strengthening liquidity. 

At the time of writing, shares of ABTC are near $0.90 a share.

Editorial Disclaimer: We leverage AI as part of our editorial workflow, including to support research, image generation, and quality assurance processes. All content is directed, reviewed, and approved by our editorial team, who are accountable for accuracy and integrity. AI-generated images use only tools trained on properly license material. In Bitcoin, as in media: Don’t trust. Verify.

This post Trump-Linked American Bitcoin (ABTC) Surpasses 7,000 BTC as Treasury Growth Accelerates; Mining Peer Slides first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Strategy (MSTR) Breaks 13-Week Bitcoin Buying Streak, Holdings Hold at 762,099 BTC

Michael Saylor’s Strategy has halted its weekly bitcoin purchases for the first time in over a year, maintaining total holdings at 762,099 BTC.

The company didn’t disclose an SEC filing this week. That means it made no bitcoin acquisitions between March 23 and March 29, snapping a 13-week buying streak that added more than 90,000 BTC.

Strategy’s stack — acquired at an average price of $75,694 — represents over 3.6% of Bitcoin’s fixed 21 million supply, with unrealized losses of roughly $6 billion at current prices.

The pause comes as the firm refrains from issuing new equity through its at-the-market programs, which have historically funded its aggressive bitcoin accumulation strategy.

Last week, Strategy purchased 1,031 bitcoin for $76.6 million at an average price of $74,326, marking a slowdown after deploying over $1 billion in the prior two weeks.

Strategy’s capital raise

Also last week, Strategy moved to significantly expand its capital-raising capacity, adding new Wall Street sales agents and authorizing up to $42.1 billion in additional at-the-market equity and preferred offerings.

The company established new programs to issue up to $21 billion in common stock, $21 billion in STRC preferred shares, and $2.1 billion in STRK preferred, while continuing to utilize existing shelf registrations.

It also restructured its preferred stock mix by sharply increasing authorization for its floating-rate STRC series and reducing STRK shares, signaling a strategic tilt toward more flexible, rate-linked financing.

Strategy is best understood as a bitcoin treasury company — a public firm that raises capital to acquire and hold Bitcoin, effectively turning its stock into a leveraged proxy for the asset.

Led by Saylor, the company has pivoted from enterprise software over the last few years to aggressively accumulating bitcoin through equity, debt, and preferred stock, framing the approach as a long-term bet on BTC as “digital capital.”

The price of bitcoin has declined over the past five days, starting near the $71,000–72,000 range before sliding steadily lower over the weekend. 

Last Friday, a sharp dip pushed the bitcoin price down toward the mid-66,000s. After that, the market moved sideways with small fluctuations, showing limited momentum.

At the time of writing, Strategy shares are around $130 a share.

Editorial Disclaimer: We leverage AI as part of our editorial workflow, including to support research, image generation, and quality assurance processes. All content is directed, reviewed, and approved by our editorial team, who are accountable for accuracy and integrity. AI-generated images use only tools trained on properly license material. In Bitcoin, as in media: Don’t trust. Verify.

This post Strategy (MSTR) Breaks 13-Week Bitcoin Buying Streak, Holdings Hold at 762,099 BTC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Morgan Stanley Set to Undercut Bitcoin ETF Rivals With 0.14% Fee Ahead of Launch

Morgan Stanley is poised to shake up the spot bitcoin ETF market with a sharply lower fee structure, as new filing details show its upcoming Morgan Stanley Bitcoin Trust (MSBT) will charge just 0.14% annually — undercutting every existing U.S. competitor.

The fee, disclosed in updated trust documents shared by Bloomberg analyst Eric Balchunas, comes in 11 basis points below BlackRock’s flagship iShares Bitcoin Trust (IBIT), which currently charges around 0.25%. 

The aggressive pricing positions MSBT as the cheapest spot bitcoin ETF on the market at launch, signaling a deliberate push to capture both internal advisory flows and external investor capital.

The move carries particular weight within Morgan Stanley’s own ecosystem. With roughly $8 trillion in wealth management assets and a network of thousands of financial advisors, fee sensitivity has been one of the barriers to broader ETF adoption across advisory channels. 

A lower-cost in-house product could remove that friction, allowing advisors to allocate to bitcoin without facing conflicts tied to recommending higher-fee third-party funds.

Industry observers say that dynamic could materially shift flows.

Phong Le, CEO of Strategy, recently described the product as a potential “Monster Bitcoin” catalyst, estimating that even a modest 2% allocation across Morgan Stanley’s platform could translate into roughly $160 billion in demand. 

That figure would far exceed the size of any existing spot bitcoin ETF and underscores the importance of distribution, not just product design.

Morgan Stanley’s bitcoin ETF is coming

The fee disclosure arrives as MSBT moves closer to launch. The fund has already received a listing notice from the New York Stock Exchange, a step widely viewed as signaling that trading could begin imminently pending final regulatory clearance. If approved, the product would become the first spot bitcoin ETF issued directly by a major U.S. bank rather than an asset manager.

Structurally, MSBT mirrors existing spot bitcoin ETFs. The trust will hold bitcoin directly, with Coinbase serving as custodian and prime broker, while BNY Mellon will handle administration, transfer agency, and cash custody.

Since their debut in 2024, U.S.-listed spot bitcoin ETFs have easily attracted more than $50 billion in inflows, driven largely by retail and self-directed investors. Adoption within wealth management platforms has been slower, often constrained by internal policies, fee considerations, and portfolio construction guidelines.

At the time of writing, Bitcoin is trading near $66,000.

This post Morgan Stanley Set to Undercut Bitcoin ETF Rivals With 0.14% Fee Ahead of Launch first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Bitcoin Fear and Greed Index Hits Extreme Fear at 13 Out of 100

As of March 27, 2026, the Bitcoin Fear and Greed Index reads 13, placing sentiment in Extreme Fear. The current price of bitcoin is near $66,000.

The index spans 0 to 100, with lower readings tied to fear-driven market conditions and higher readings tied to greed-driven conditions.

The metric compiles inputs across price volatility, market momentum, trading volume, Bitcoin dominance, social sentiment, and Google Trends activity. The combined dataset forms a sentiment gauge used to track emotional conditions across Bitcoin markets.

Readings in the Extreme Fear range have aligned with prior stress phases in BTC market cycles.

Bitcoin Magazine Pro data highlights these zones as periods marked by liquidity contraction, elevated volatility, and forced positioning in derivatives markets.

In prior reporting, deep fear readings have coincided with accumulation behavior among long-term holders, alongside reduced speculative activity across spot and derivatives venues.

Earlier market drawdowns examined in Bitcoin Magazine Pro research show similar sentiment conditions during deleveraging events, where sharp price declines matched rapid sentiment compression.

In those phases, volatility expansion and liquidity withdrawal appeared alongside increased Bitcoin dominance as risk appetite shifted away from altcoin exposure.

Bitcoin uncertainty

Earlier today, Bitcoin price fell to its lowest level in more than two weeks, dropping below roughly $66,000 as liquidations exceeded $300 million in long positions over the previous 24 hours.

Short liquidations were far lower, showing that leveraged bullish traders were primarily forced out of the market. The move followed a broader shift in global risk sentiment as equities weakened and macroeconomic pressure increased.

The decline in BTC coincided with a risk-off environment across traditional markets. Nasdaq 100 futures had fallen about 10% from prior highs, while oil prices rose toward $100 per barrel amid escalating geopolitical tensions involving Iran.

Military activity and missile exchanges between the two countries continued despite diplomatic efforts, and the United States delayed direct escalation while negotiations remained open.

Regional instability contributed to concerns over energy supply routes, including disruptions in the Strait of Hormuz.

BTC had briefly approached higher levels earlier in the week on hopes of diplomatic progress, but those gains reversed as uncertainty returned. Price action remained within a broader range between $60,000 and $75,000 that had persisted for several weeks, following a prior peak above $120,000 in late 2025.

Institutional flows showed mixed signals. Spot BTC exchange-traded funds recorded billions in inflows earlier in March, but more recent sessions saw outflows.

On-chain data showed continued withdrawals from exchanges, suggesting long-term holders moved assets into self-custody. Options markets showed about $14 billion in expirations, which influenced price stability near key strike levels around $75,000.

Editorial Disclaimer: We leverage AI as part of our editorial workflow, including to support research, image generation, and quality assurance processes. All content is directed, reviewed, and approved by our editorial team, who are accountable for accuracy and integrity. AI-generated images use only tools trained on properly license material. In Bitcoin, as in media: Don’t trust. Verify.

This post Bitcoin Fear and Greed Index Hits Extreme Fear at 13 Out of 100 first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

ICE Announces $600 Million Strategic Investment in Polymarket

Intercontinental Exchange, Inc. Intercontinental Exchange, the parent company of the New York Stock Exchange, has completed a $600 million direct cash investment in prediction market platform Polymarket as part of a broader equity fundraising round, according to a company announcement.

The new investment follows ICE’s previously disclosed $1 billion commitment made in October 2025. With the latest infusion, ICE says it has now fulfilled its obligations under the investment agreement, which also includes plans to purchase up to $40 million in additional Polymarket securities from existing holders.

Polymarket, a blockchain-based prediction market platform that allows users to trade on the outcomes of real-world events, has drawn increasing attention from institutional investors amid growing interest in event-driven data markets and decentralized financial infrastructure.

Polymarket has support for bitcoin deposits, giving users a direct way to fund their accounts with BTC alongside other existing crypto options. 

ICE stated that the investment is not expected to materially impact its financial results or capital return plans. Final valuation details of the latest transaction are expected to be disclosed once the fundraising round is fully completed.

The move further signals traditional financial market infrastructure firms expanding into alternative data and crypto-adjacent platforms. ICE, which operates major exchanges including the NYSE, continues to diversify into digital markets, data services, and fintech infrastructure.

Polymarket has become one of the most prominent prediction market platforms globally, leveraging blockchain rails to facilitate trading on political, economic, and cultural outcomes.

The companies emphasized that the announcement does not constitute an offer to sell or solicit securities. Market observers say the scale of ICE’s investment underscores rising institutional interest in prediction markets as both a trading venue and a data source.

Polymarket’s embrace by TradFi

In the past year, the relationship between the crypto-native prediction market and traditional financial powerhouse Intercontinental Exchange (ICE) has become one of the most closely watched intersections of decentralized markets and institutional capital. 

Polymarket, launched in 2020 by founder Shayne Coplan, has grown into one of the largest blockchain-based prediction platforms, where users trade shares on the outcomes of future events — from elections to economic indicators and geopolitical developments — using cryptocurrency rails.

In late 2025, Polymarket re-entered the U.S. market under full Commodity Futures Trading Commission (CFTC) regulation after previously being blocked amid enforcement actions, marking a significant shift from its earlier status as an offshore, lightly regulated venue.

In December 2025, Polymarket launched its U.S.-focused app after the CFTC approval, restoring American access to its prediction markets and initially offering sports betting with plans to expand into other categories like propositions and elections.

Editorial Disclaimer: We leverage AI as part of our editorial workflow, including to support research, image generation, and quality assurance processes. All content is directed, reviewed, and approved by our editorial team, who are accountable for accuracy and integrity. AI-generated images use only tools trained on properly license material. In Bitcoin, as in media: Don’t trust. Verify.

This post ICE Announces $600 Million Strategic Investment in Polymarket first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

The question "Is XRP dead?" has resurfaced with a vengeance in early 2026. After a massive bull run that saw the asset peak at $3.65 in July 2025, the token has entered a grueling downtrend. As of March 30, 2026, XRP is trading at $1.34, representing a 37% decline from its price of $2.10 exactly one year ago.

Despite the conclusion of the Ripple vs. SEC lawsuit in August 2025 and the subsequent launch of several spot XRP ETFs, the price action remains decoupled from the "bullish" fundamental narrative. This article analyzes the structural, macro, and technical reasons behind this stagnation and what it would take for XRP to reclaim its former glory.

Why is XRP Down?

Investors are understandably frustrated. While Bitcoin and Solana saw significant institutional rotations in late 2025, XRP has surrendered 63% of its value since its cycle high. The primary drivers for the current slump include:

1. Macro Economic Pressure: The Federal Reserve’s hawkish stance in March 2026, projecting only one rate cut for the year, has sucked liquidity out of high-risk altcoins.
2. Geopolitical Instability: Recent conflicts in the Middle East have triggered a "risk-off" environment, favoring gold and oil over digital assets.
3. ETF "Sell the News": Much like the Bitcoin ETF launch in 2024, the debut of XRP ETFs in late 2025 led to a massive liquidity exit by early whales.

The "Dead Coin" vs. Utility Reality

In the crypto space, a "dead coin" typically refers to an asset with zero development, no liquidity, and no community. By this definition, XRP is far from dead. The XRP Ledger (XRPL) is currently processing over 1.5 million transactions daily. Ripple’s stablecoin, RLUSD, has reached a market cap of $1.4 billion, serving as a bridge for institutional cross-border payments. According to Investing.com, institutional interest remains high, with 25% of surveyed asset managers planning to add XRP to their portfolios by the end of 2026.

XRP Price Prediction: The Technical Breakdown

Technically, XRP is trapped in a classic bear flag pattern on the weekly charts. The price is currently testing a critical structural floor.

Key Price Levels to Watch:

The Role of the CLARITY Act

While technicals look bleak, the "recovery" catalyst likely lies in Washington. The CLARITY Act, currently moving through the U.S. Congress, aims to codify the commodity status of digital assets like XRP. If passed by late April 2026, it could trigger the institutional "buy-in" that the market has been waiting for since the SEC case ended.

Will XRP Price Recover?

For XRP to recover to its $3.50+ levels, three things must happen:

• Bitcoin Stability: XRP maintains an 80% correlation with $BTC. A Bitcoin recovery toward $75,000 is a prerequisite.
• ETF Inflow Reversal: The current net outflows from XRP ETFs must flip to positive as "TradFi" investors seek diversification.
• RLUSD Adoption: Increased use of the Ripple USD stablecoin for settlement on the XRPL will drive organic demand for $XRP as a gas token.

The global financial landscape is being shaken by escalating tensions in the Middle East. Reports suggest that the U.S.S. Tripoli, carrying around 3,500 Marines, has entered the Central Command region—fueling speculation about a possible ground operation targeting Iran. This growing uncertainty has triggered a clear risk-off mood across markets, with Bitcoin struggling to hold above the $65,000 level.

In the midst of all of these developments, and despite cryptos being slightly bearish, 3 altcoins are showing bullish momentum.

1. NKN (NKN): The Low-Cap Breakout

NKN has emerged as the top performer of the day, posting a staggering +38.63% gain in the last 24 hours and over 210% in the past week. With a market cap of approximately $11.89 million, NKN is a decentralized data transmission protocol aiming to rebuild the internet.

Analysis of the Surge

The recent price action for NKN is primarily driven by a massive 230.45% increase in trading volume. Interestingly, there are no specific fundamental catalysts or partnership announcements behind this move.

• Speculative Flow: This appears to be a classic low-cap "pump" driven by altcoin rotation.
• Technical Outlook: Traders should watch for sustained volume above $7.5M. A failure to hold current support could lead to a sharp reversal, common in high-volatility, low-cap assets.

2. DeAgentAI (AIA): AI Narrative Resilience

DeAgentAI (AIA) is making waves in the artificial intelligence sector, gaining 16.56% in 24 hours. The project operates as an AI-powered agent platform, a sector that has seen mixed results lately but remains a favorite for retail "moonshot" traders.

Social Hype vs. Fundamentals

While the AIA price is up nearly 30% over 7 days, much of the current momentum is attributed to social media hype and coordinated trading activity rather than protocol updates.

• Key Levels: Liquidity has settled around the $0.118 mark.
• Warning: The AI sector is prone to rapid sentiment shifts. Without a fundamental "moat," these gains rely heavily on continued social engagement.

3. DeXe (DEXE): Social Trading Momentum

DeXe, a decentralized social trading platform, has been holding up well, gaining 13.98% over the past 24 hours. Unlike many smaller caps, it has a more solid market cap of around $680 million, which usually points to stronger, more established capital behind the move.

Institutional and Retail Interest

DeXe recently showed up among the top gainers on Binance Spot. What stands out is that it’s moving up even while Bitcoin is going sideways—suggesting some capital is rotating into selective plays.

• Resistance to watch: A move above $7.80 could confirm further upside
• Positioning: Compared to other DeFi tools, DeXe’s focus on social trading gives it an edge, especially for traders looking for opportunities when the broader market is quiet

Summary of Bullish Movers

After weeks of persistent downside pressure, Bitcoin is showing early signs of recovery. With only a couple of days left in March, BTC’s monthly candle has flipped green—potentially marking a significant shift in market sentiment.

If the month closes this way, it would end a streak of five consecutive red monthly candles, a rare and closely watched pattern in crypto market cycles. Historically, such prolonged bearish phases often precede periods of consolidation or reversal, making this moment particularly important for traders and investors.

Why did Bitcoin Price surge upwards?

The primary catalyst behind the sudden recovery from $65,000 was a mix of geopolitical de-escalation and aggressive institutional accumulation. Reports from Bloomberg and other major outlets indicate that markets reacted instantly to headlines regarding a potential five-day postponement of military strikes in the Middle East.

Specifically, the market responded to statements from the U.S. administration suggesting that "productive conversations" were taking place, leading to a sharp "risk-on" move across both equities and crypto. In the crypto markets, this was amplified by a "short squeeze," where traders betting on further downside were forced to buy back their positions as the price surged toward $67,500.

Breaking the Five-Month Red Streak

If Bitcoin manages to close March in the green, it would mark a big turning point for the 2026 cycle. Up until now, it’s been five straight red monthly candles—something you don’t see often, and definitely not easy for investors to sit through.

From October 2025 to February 2026, the market stayed under heavy pressure, with sentiment dropping into “Extreme Fear” (as low as 8/100). Now, as of March 30, there’s a real chance we finally get a green monthly close.

Strategy and Institutional Buying Power

Despite the "Extreme Fear" sentiment prevailing in the retail sector, institutional accumulation has reached a fever pitch. Reports indicate that Strategy (the single largest corporate holder) has accumulated roughly 45,000 BTC in the past 30 days alone. This represents the fastest rate of increase in their holdings over the past year.

Furthermore, the launch of new crypto-asset ETNs by major banks like BNP Paribas in France on March 30, 2026, has provided additional structural support. These regulated products allow retail and wealth management clients to gain exposure to $Bitcoin and $Ethereum without the complexities of direct custody.

Ethereum and Altcoins Join the Rally

Bitcoin isn't the only asset flashing green. Ethereum has mirrored this recovery, successfully reclaiming the $2,000 psychological barrier and trading near $2,050. The broader market often looks to ETH as a gauge for "altseason" potential, and its strength suggests that the current rally has breadth beyond just a BTC bounce.

The easing of tensions has also caused oil prices to drop significantly, which traditionally helps risk-on assets. When the cost of energy stays stable, the fear of runaway inflation diminishes, giving investors more confidence to rotate back into the crypto market.

Bitcoin Price Analysis: What’s Next for BTC?

From a technical standpoint, Bitcoin's ability to hold the $65,000 level and push toward $68,000 is crucial. This zone has acted as a "Bull/Bear Line" throughout March.

• Support Re-test: BTC successfully defended the $63,700 - $65,000 range.
• Resistance: The $69,000 - $70,000 mark remains the big hurdle for a full trend reversal.
• Volume: The recovery saw a 53% jump in 24-hour trading volume, validating the move as more than just a "dead cat bounce."

What Is Happening to Markets Right Now?

Global financial markets are entering a phase that goes far beyond a typical correction. Over the past 24 hours, a combination of geopolitical escalation, energy supply disruptions, and tightening liquidity conditions has triggered a broad risk-off move across assets.

Oil prices have surged above $100 as tensions in the Middle East escalate, while disruptions to Russian energy infrastructure and export bans are tightening global supply. At the same time, trillions have been wiped from global equity markets.

Crypto has not been spared.

Bitcoin is holding near key levels but remains under pressure, while altcoins like $SOL and $DOGE are experiencing sharper declines. This synchronized weakness across asset classes signals something deeper than normal volatility.

👉 This is not just a dip — it may be a liquidity event.

What Is a Liquidity Crisis — and Why It Matters for Crypto

A liquidity crisis occurs when capital becomes scarce across financial markets. Investors begin pulling money out of risk assets, preferring cash or safer instruments.

This typically happens when:

• Global uncertainty spikes (war, geopolitical risks)
• Inflation expectations rise (oil shocks)
• Central banks are unable to ease monetary policy

In this environment, markets behave differently:

• Good news gets ignored
• Risk assets fall together
• Volatility increases across all sectors

Crypto, often viewed as an alternative system, is currently behaving like a high-risk asset — not a safe haven.

Why Crypto Is Falling Despite Bullish News

Under normal conditions, recent developments should have pushed crypto higher:

• President Donald Trump signaling strong support for Bitcoin and crypto adoption
• Institutional momentum growing, with major financial figures entering the market
• Increasing global interest in crypto as a payment and financial alternative

Yet, prices are declining.

This highlights a critical shift:

👉 Liquidity is dominating the market narrative.

When liquidity tightens, even the strongest bullish catalysts lose impact. Investors prioritize capital preservation over growth opportunities.

Oil Shock + War = Liquidity Drain

The current crisis is being driven by a powerful macro chain reaction:

• Escalating tensions involving Iran and the Strait of Hormuz
• Disruptions to Russian oil production and exports
• Saudi Arabia increasing pipeline output to stabilize supply
• Oil prices surging rapidly

This creates a feedback loop:

• Higher oil → higher inflation expectations
• Higher inflation → tighter monetary conditions
• Tighter conditions → less liquidity in markets
• Less liquidity → sell-off in risk assets (including crypto)

👉 Crypto is reacting to macro pressure, not internal weakness.

Is This the First Real Test for Crypto as a Global Asset?

Previous crypto downturns were mostly driven by internal events:

• Exchange collapses
• Regulatory crackdowns
• Market cycles

This time is different.

Crypto is now being tested within a global macroeconomic crisis, alongside traditional markets.

This raises an important question:

👉 Can crypto evolve from a speculative asset into a true macro hedge?

So far, the answer is mixed.

Bitcoin is holding relatively strong compared to altcoins, suggesting some resilience. However, it is still behaving more like a tech stock than digital gold in this phase.

What Happens Next?

Two scenarios are now unfolding:

Short-Term (High Risk)

• Continued volatility driven by war headlines
• Potential further downside if oil continues rising
• Liquidity remains tight

Mid-Term (Opportunity Phase)

• If geopolitical tensions stabilize → strong rebound potential
• Bullish fundamentals (institutional adoption, macro distrust) remain intact
• Crypto could regain its “alternative system” narrative

👉 Liquidity cycles, not narratives, will determine timing.

Final Take: A Defining Moment for Crypto

The current market environment may represent the first true global liquidity stress test for crypto.

For the first time, Bitcoin and altcoins are reacting primarily to:

• Energy markets
• Geopolitical risk
• Global liquidity conditions

Not crypto-native developments.

👉 This is a sign of maturity — but also vulnerability.

Whether crypto emerges stronger from this phase will define its role in the global financial system for years to come.

$BTC, $ETH, $SOL, $DOGE

The question of whether Ethereum (ETH) can really act as a store of value is coming up more and more as the network grows into a core part of the decentralized economy. That label used to belong almost entirely to Bitcoin, seen as “digital gold” because of its fixed supply. But since the Merge and the upgrades that followed, Ethereum has started to play by a different set of rules—and that’s starting to shift the conversation.

As of March 2026, Ethereum isn’t just for developers anymore. It’s become a global settlement layer. Still, with the price moving sideways lately, investors are asking the obvious question: is holding ETH actually a solid way to preserve value over time?

Is ETH a Store of Value?

$Ethereum is starting to be seen as a real store of value—but it works differently than $Bitcoin. Bitcoin’s story is all about scarcity. Ethereum, on the other hand, gets its value from how much the network is actually used, plus the fact that it can generate yield.

By staking ETH, holders can earn a native return—usually around 2.8% to 3.5%. That helps offset inflation and adds a compounding effect you simply don’t get with assets that don’t produce any yield.

What Makes an Asset a "Store of Value"?

A store of value is an asset that maintains its purchasing power over time without significant depreciation. To qualify, an asset typically requires:

• Scarcity: A controlled or diminishing supply.
• Security: A network resistant to attacks (Ethereum is secured by billions in staked capital).
• Liquidity: The ability to be traded easily for other goods or fiat.
• Demand: Consistent use cases that drive long-term interest.

Analyzing the 5-Year ETH Price History (2021–2026)

Looking at the technical data from the past five years, Ethereum has exhibited a distinct pattern of "high-velocity growth followed by structural consolidation."

The Consolidation Phase ($2,000 - $4,000)

Since the peak of the 2021 bull run and the subsequent market correction, ETH has largely spent the period between 2024 and early 2026 consolidating within a massive horizontal channel.

• The Floor: Strong support has formed around the $2,000 level. This psychological and technical barrier has held firm despite various macro headwinds and regulatory uncertainties.
• The Ceiling: Resistance remains heavy between $4,000 and $4,800. Every attempt to break into "price discovery" mode has been met with institutional profit-taking and rotation into newer ecosystem plays.

This prolonged consolidation is actually a healthy sign for a "store of value" thesis. It suggests that Ethereum is moving away from the "lottery ticket" volatility of its early years and toward a more stable, mature asset profile.

The "Ultrasound Money" Narrative: Is it Still Valid?

The term "ultrasound money," coined by Ethereum researcher Justin Drake, suggests that if Bitcoin is "sound" because its supply is capped, Ethereum is "ultrasound" because its supply can actually shrink.

How the Burn Mechanism Works

Under EIP-1559, a portion of every transaction fee is "burned" (destroyed). In 2026, we see a dual-track economic model:

• During High Activity: When DeFi and NFT volumes spike, more ETH is burned than issued to stakers, making the supply deflationary.
• During Low Activity (The L2 Shift): With the rise of Layer-2 solutions like Base and Arbitrum, some activity has moved off the mainnet. This has led to periods of slight inflation (approx. 0.7% annually), as seen in early 2026.

Despite this fluctuation, Ethereum's total supply remains significantly lower than it would have been under the old Proof-of-Work system, maintaining its competitive edge against fiat currencies.

Ethereum vs. Bitcoin: The Store of Value Showdown

While Bitcoin remains the king of "pure" scarcity, major institutions like BlackRock have highlighted Ethereum's role in the tokenization of real-world assets. This utility creates a "structural demand" for ETH that persists regardless of speculative market cycles.

Risks to the Ethereum Store of Value Thesis

No investment is without risk. For Ethereum to maintain its status, it must navigate:

• Regulatory Shifts: The classification of staked ETH by global regulators continues to be a point of contention.
• L2 Cannibalization: If too much activity moves to Layer-2s without enough value accruing back to the Layer-1, the "burn" mechanism may not be enough to sustain deflation.
• Technological Complexity: Unlike Bitcoin's "set in stone" code, Ethereum is constantly evolving, which introduces potential smart contract or upgrade risks.

Is Ethereum a Good Store of Value for the Future?

For investors seeking a balance between growth and preservation, Ethereum is a compelling store of value. It offers the security of a battle-tested blockchain combined with the unique advantage of native yield. While it may experience more volatility than Bitcoin, its role as the "Internet's Bond" makes it a foundational asset for any modern digital portfolio.

As we look toward the remainder of 2026, the current consolidation phase provides a strategic entry point for those who believe in the long-term "ultrasound" roadmap.

BitMine continued its Ethereum accumulation, adding to its leading ETH treasury while Strategy took a week off from Bitcoin purchases.

Bitcoin’s weekend drop coincides with Trump weighing ground operation in Iran, escalating geopolitical tensions amid month-end rebalancing.

Analysts attribute last week's BTC ETF outflows to geopolitical tensions, fading ceasefire hopes, and end-of-quarter rebalancing.

A yield ban, a rival's audit, and an unresolved legislative clock have left Circle's stock in limbo for the past week.

Ethereum has rolled out a steady stream of upgrades since 2022. Here’s how those changes fit together—and what’s still ahead.

Shiba Inu exchange reserves are finally getting thinner as we are seeing some positive outflow dynamics present on the network.

Ripple and Stellar Founder Jed McCaleb reveals surprising crypto fact amid $1 billion tech commitment.

XRP ETFs broke the negative trend in weekly flows as they recorded the only inflow seen last week, with Bitcoin and Ethereum seeing massive weekly withdrawals.

This morning in crypto: XRP $50 million transfer hits Coinbase, 96.8% of BTC holders in red and Saylor's buying streak ends. Plus, crypto market outlook and key levels to watch ahead of the start of Q2.

XRP saw a substantial spike in burn rate throughout the month of March, but it did not stick.

Executive Summary

• Micron achieved historic Q2 FY2026 results with $23.86 billion in revenue, 74.4% gross margin, and net income reaching $13.79 billion
• The company projects Q3 FY2026 revenue at $33.5 billion with approximately 81% gross margin
• Seagate delivered $2.83 billion in Q2 FY2026 revenue, achieving 41.6% gross margin and generating $607 million in free cash flow
• Wall Street analysts assign Micron a Buy rating based on input from 37 analysts; Seagate receives a Moderate Buy from 25 analysts
• AI infrastructure expansion is fueling growth for both companies, though they serve distinct segments of the technology stack

The artificial intelligence revolution is creating unprecedented demand throughout the hardware ecosystem. Two companies positioned in complementary segments — Micron and Seagate — are experiencing robust performance driven by distinct market dynamics.

Micron specializes in memory semiconductors, particularly high-bandwidth memory critical for AI computing infrastructure. Seagate manufactures hard disk drives that archive the massive data volumes these systems produce. While both companies profit from identical AI infrastructure investments, their value propositions differ significantly.

Micron Technology, Inc., MU

Micron has emerged as a standout performer in the hardware sector throughout this fiscal year. During fiscal Q2 2026, the company delivered unprecedented revenue of $23.86 billion. This performance included a GAAP gross margin of 74.4% alongside net income totaling $13.79 billion.

The semiconductor manufacturer produced $11.9 billion in operating cash flow during the quarter. Its balance sheet showed $16.7 billion in cash and marketable investments at period end.

For fiscal Q3 2026, management issued guidance calling for revenue of $33.5 billion. The company anticipates gross margin approaching 81%. These projections underscore exceptional demand conditions for AI-focused memory products.

Understanding Micron’s Performance Drivers

Micron’s cloud and data center memory divisions represent the primary catalysts for current growth momentum. The investment community increasingly views AI memory as a constrained strategic asset rather than a traditional commodity product.

The company expanded its fiscal 2026 capital expenditure budget to exceed $25 billion. While this investment supports future production capacity, it introduces the traditional semiconductor industry risk — potential transition from supply constraints to excess inventory.

MarketWatch reported that even following recent stock price corrections, analyst earnings projections for Micron have continued climbing. This pattern indicates Wall Street maintains confidence in the sustainability of the current earnings trajectory.

Wall Street assigns Micron a Buy consensus rating derived from 37 analysts tracked by MarketBeat. The breakdown includes 29 Buy recommendations and 5 Strong Buy ratings, with zero sell recommendations reported.

Examining Seagate’s Business Model

Seagate reported fiscal Q2 2026 revenue of $2.83 billion. The company achieved a gross margin of 41.6%, while generating $723 million in operating cash flow and $607 million in free cash flow.

Seagate Technology Holdings plc, STX

Company leadership highlighted substantial year-over-year expansion and sustained data center demand. Analysts at J.P. Morgan have suggested that improved pricing dynamics and capacity discipline may enable Seagate to maintain margin performance beyond current market expectations.

Seagate capitalizes on a fundamental reality: artificial intelligence generates exponentially more data, requiring persistent storage infrastructure investment. While the company lacks the supply scarcity advantages enjoyed by AI memory producers, it benefits from more predictable demand patterns.

Seagate holds a Moderate Buy consensus rating. MarketBeat data reflects 1 Strong Buy, 18 Buy recommendations, and 5 Hold ratings among covering analysts, with no sell ratings documented.

Investment Considerations

Micron and Seagate both carry positive analyst sentiment and demonstrate genuine demand from AI infrastructure deployment. Micron presents elevated growth prospects accompanied by cyclical volatility risks. Seagate delivers more predictable performance characteristics with comparatively limited upside potential. The appropriate selection depends on your portfolio objectives and risk tolerance for technology sector exposure.

The post Micron (MU) vs Seagate (STX): Comparing Two AI Hardware Winners appeared first on Blockonomi.

Key Takeaways

• Uber (UBER) revealed ownership of 56.6 million WeRide (WRD) shares, marking a 5.82% passive investment in the self-driving vehicle developer.
• Shares of WRD surged 6.1% during premarket hours Monday after the stake disclosure.
• The collaboration between Uber and WeRide began in September 2024, originally centered on deploying autonomous taxis in the UAE without equity involvement.
• A $100 million Uber investment in WeRide was announced in May 2025, aimed at expanding operations to 15 additional markets within five years.
• Analyst consensus leans toward Strong Buy on WRD across Wall Street firms, while Seeking Alpha analysts maintain a Hold recommendation.

Trading near $6.76, WeRide (WRD) stock has declined approximately 60% from its 52-week peak of $16.86 ahead of Monday’s premarket activity.

WeRide Inc., WRD

Uber Technologies (UBER) has formally disclosed a 5.82% passive ownership position in WeRide (WRD), triggering a notable premarket rally for the autonomous driving company on Monday. The filing revealed Uber holds 56,618,266 shares, adding substantial financial backing to what initially began as a strategic operating partnership 18 months earlier.

The alliance between these companies originated in September 2024, when they unveiled plans to integrate WeRide’s self-driving vehicles into Uber’s ride-hailing platform, beginning with deployments in the United Arab Emirates. The initial announcement positioned the arrangement strictly as an operational collaboration focused on autonomous taxi services rather than an equity transaction.

The partnership accelerated considerably after that.

By May 2025, Uber revealed a $100 million capital commitment to WeRide, alongside an ambitious roadmap to extend their collaboration across 15 new metropolitan areas throughout the following five years. WeRide’s regulatory filing at that time indicated the transaction would likely finalize during the second half of 2025, subject to typical closing requirements.

Monday’s regulatory disclosure verifies that the investment has been completed.

Vehicle Deployment and Performance Data

WeRide presently maintains a robotaxi fleet comprising 1,125 vehicles, with 250 of those units deployed in international markets. The company projects fleet growth to 2,600 vehicles by the end of this year, with roughly 30% operating beyond China’s borders.

Regarding geographic expansion, WeRide intends to establish presence in another tier-1 Chinese city this year while launching revenue-generating services in Singapore, Zurich, Madrid, and one more European location.

Within China, WeRide’s autonomous taxis currently complete an average of 15 trips daily, increasing to 26 during high-demand periods. Average trip distance measures 5 kilometers, with pricing set at 2 yuan per kilometer—representing a 50% discount compared to conventional ride-hailing services. The company’s medium-term objectives include achieving 25 trips per vehicle daily at 3 yuan per kilometer, with pricing anticipated to approach traditional ride-hailing rates as operational efficiency scales.

Middle Eastern operations continue, although WeRide has noted possible vehicle shipment disruptions connected to regional geopolitical tensions.

Financial Efficiency and Market Outlook

WeRide achieved a 38% reduction in total ownership costs during 2025, while improving its remote assistance efficiency from a 1:10 ratio to 1:40. Additional cost improvements are projected for 2026 as both vehicle acquisition prices and autonomous driving hardware expenses decline with increased production volume.

Revenue expanded 40% across the previous 12-month period. While the company continues operating at a loss, its balance sheet shows greater cash reserves than outstanding debt, providing financial support for growth initiatives. Current market capitalization stands at approximately $2.17 billion.

Morgan Stanley maintained its Overweight recommendation on WRD on March 23, establishing a $14.70 price objective—representing more than twice the current market price. Analyst Tim Hsiao refreshed his assessment after examining WeRide’s expansion strategy and operational performance metrics.

Wall Street analyst consensus strongly favors a Strong Buy rating on the shares. Seeking Alpha analysts adopt a more conservative stance with a Hold rating.

In related news, NVIDIA’s most recent 13F regulatory filing indicated the semiconductor company divested its entire WeRide position, along with holdings in Arm Holdings and Applied Digital.

The post WeRide (WRD) Stock Climbs as Uber Reveals Nearly 6% Ownership Stake appeared first on Blockonomi.

Quick Overview

• Nike’s fiscal third-quarter earnings are scheduled for March 31 after market close, with analyst consensus pointing to $11.2 billion in revenue and earnings per share of $0.28, compared to $0.54 in the prior-year quarter.
• Shares are trading at $51.37, barely above the 52-week low, reflecting a 25% decline over the past six months and a 19% drop year-to-date.
• Goldman Sachs maintained its Buy recommendation with a $76 target, noting that current valuations already account for near-term challenges.
• Investor focus centers on China market performance, gross margin trajectory, and management’s perspective on product pipeline development.
• Implied volatility suggests the market is anticipating approximately a 9% swing in the stock following the earnings announcement.

The athletic apparel giant is scheduled to unveil its fiscal third-quarter financial performance following Monday’s closing bell on March 31. Analyst projections point to revenue reaching $11.2 billion with earnings per share landing at $0.28 — representing a significant contraction from the $0.54 delivered during the comparable quarter a year ago.

NIKE, Inc., NKE

Shares face considerable headwinds entering the report. The stock has shed 25% of its value during the last half-year period and is down 19% since January, currently trading barely above the $51.20 annual low.

Derivatives pricing indicates market participants are preparing for roughly a 9% price movement in either direction post-earnings. This elevated implied volatility underscores the significant uncertainty surrounding the company’s performance.

Goldman Sachs reaffirmed its bullish stance and $76 valuation target over the weekend. The investment bank characterized Nike as among the most contentious names in its research coverage, though acknowledged that debate has subsided somewhat given the challenging macroeconomic environment.

According to the firm, third-quarter indicators present a mixed picture. While China-related search activity and point-of-sale metrics have shown sequential improvement, they remain subdued with no definitive growth trajectory established. Domestic market analysis reveals similar inconsistency — interest in flagship product lines is strengthening, yet new product adoption and promotional intensity continue to disappoint.

Goldman expressed confidence that prevailing estimates already incorporate near-term obstacles and that the company’s “Win Now” strategic initiative represents the appropriate approach for generating positive momentum heading into fiscal 2027.

Analyst Perspectives and Price Targets

Brian Nagel from Oppenheimer doesn’t anticipate a completely reassuring report, but maintains that concerns surrounding Nike’s difficulties are obscuring genuine operational improvements. He designated Nike as a preferred investment, arguing that its “historically depressed valuation multiples” fail to recognize the extended-term recovery potential.

BTIG analyst Robert Drbul takes a more emphatic view. He contends management is executing more aggressive strategic pivots than the market acknowledges — citing workforce reductions at Converse, distribution network adjustments in Memphis, and recent executive appointments as evidence the organization is undergoing accelerated transformation.

Jefferies maintains a Buy recommendation paired with a $110 price objective and highlighted North America as an encouraging market, where expansion approached 9% in the most recent quarter. Piper Sandler adopts a more reserved posture at $75, referencing insufficient clarity regarding China’s rebound and sluggish traction in the running footwear segment.

Evercore ISI reduced its price target to $69 from $77, lowering its fiscal 2027 earnings estimate to $2.00 from $2.30. Telsey Advisory Group similarly decreased its objective to $65 from $72, emphasizing gross margin compression.

China Market Dynamics Take Center Stage

The company’s commentary on China will resonate beyond Nike’s own investor base. Starbucks (SBUX), Estee Lauder (EL), and Skechers (SKX) represent companies that market participants will examine for comparative insights into regional consumer spending patterns.

On Holdings (ONON) exhibits the strongest price correlation with Nike over the trailing twelve months, positioning it as another relevant stock to monitor in the earnings aftermath.

Nike has increased its dividend payout for 24 straight years and presently offers a yield of 3.19%.

The financial results will be released following the market close on March 31.

The post Nike (NKE) Stock Faces Critical Q3 Earnings Test as Shares Hover Near Annual Lows appeared first on Blockonomi.

Key Takeaways

• Prediction market platforms show recession likelihood has surged to 39.2%, nearly doubling from 22% in early March 2026
• Major financial institutions estimate recession risk between 30% (Goldman Sachs) and 49% (Moody’s)
• Major indices have declined significantly: S&P 500 down 6%+ monthly, Nasdaq in correction with 10% drop from peak
• Critical valuation indicators — Shiller CAPE Ratio and Buffett Indicator — hover near record territory
• Escalating Middle East tensions drive oil price increases, adding economic pressure

Economic turbulence is becoming increasingly apparent across the United States as 2026 unfolds, prompting heightened vigilance among market participants. Concerns about a potential economic contraction are intensifying, equity markets have experienced substantial declines, and energy commodity prices continue climbing amid geopolitical instability involving U.S.-Iran relations.

On the Kalshi prediction market platform, participants now assess the probability of a 2026 U.S. recession at 39.2%. This represents a dramatic increase from approximately 22% recorded at March’s beginning. The rapid escalation underscores mounting anxiety regarding the economy’s trajectory.

Goldman Sachs currently estimates a 30% probability of recession within the coming year, revised upward from their previous 25% assessment. The investment bank notes that while markets are incorporating expectations of economic deceleration, they haven’t fully priced in a complete recessionary scenario.

Moody’s Analytics presents a more cautious outlook. Their econometric forecasting framework indicates recession odds at 49%. The analytics firm cautioned that this probability could breach the 50% threshold should energy prices maintain their upward momentum.

Oil prices represent a crucial element in the current economic narrative. Front-month Brent crude contracts advanced more than 2% to reach $108 per barrel during Monday’s market opening. Nations with significant oil import dependencies, particularly Japan, South Korea, and Taiwan, experienced the steepest equity market declines.

The S&P 500 has contracted by more than 6% throughout the past month. The Nasdaq Composite has fallen 10% from its 2026 high, officially entering correction territory. While U.S. equity futures indicated a positive Monday opening, overall market sentiment remained decidedly cautious.

Market Valuation Indicators Signal Elevated Risk

Two prominent market assessment tools are displaying concerning signals. The Shiller CAPE Ratio for the S&P 500 evaluates the index’s current pricing relative to inflation-adjusted earnings across a decade. The historical mean stands around 17. The metric reached its zenith at 44 during late 1999. Currently, it registers close to 40, representing the second-highest level ever recorded.

The Buffett Indicator, which measures aggregate U.S. equity market capitalization against gross domestic product, provides another concerning data point. Warren Buffett stated in 2001 that readings approaching 200% suggest investors are “playing with fire.” The current reading stands at approximately 213%, surpassing even the 2021 peak of 193%.

Both indicators suggest equity markets may be significantly overvalued as economic uncertainty increases.

Bond Markets and International Developments

U.S. 10-year Treasury yields declined roughly 3 basis points to 4.44% Monday. Earlier weekly increases in yields had intensified pressure on equities by creating tighter financial conditions.

European equity markets posted modest gains Monday morning. Goldman Sachs analysts suggest China maintains stronger resilience against oil price shocks compared to most economies, attributed to its varied energy portfolio and substantial strategic reserves.

NATO’s Military Committee convened an emergency virtual session including defense leadership from all 32 member nations to evaluate the Middle East crisis, highlighting the gravity of international concern surrounding current developments.

The post 2026 Recession Risk: What Current Economic Indicators Are Telling Us appeared first on Blockonomi.

Key Highlights

• Bitmine (BMNR) disclosed cryptocurrency and cash reserves totaling $10.7 billion as of March 29, 2026.
• The firm owns 4,732,082 ETH tokens — approximately 3.92% of Ethereum’s entire circulating supply.
• Of this total, 3.14 million ETH are actively staked, producing $177 million in annualized revenue at a 2.80% yield rate.
• The company unveiled MAVAN, a new institutional staking service, on March 25, 2026.
• BMNR shares dropped 5.86% during intraday trading, even as ETH prices climbed 4.21% during the same timeframe.

Bitmine Immersion Technologies (BMNR) has revealed its cryptocurrency and cash reserves now total $10.7 billion as of Saturday, March 29, 2026. The disclosure provided a detailed breakdown of the firm’s expanding Ethereum holdings.

Bitmine Immersion Technologies, Inc., BMNR

The company currently holds 4,732,082 ETH tokens at a valuation of $2,005 per token. This substantial position accounts for 3.92% of Ethereum’s total circulating supply of 120.7 million tokens — a concentration level rarely seen among publicly traded entities.

Bitmine’s portfolio extends beyond Ethereum, including 197 Bitcoin, a $200 million equity position in Beast Industries, $102 million in Eightco Holdings (ORBS) stock, and $961 million in liquid cash reserves.

The company purchased 71,179 Ethereum tokens over the previous seven-day period. This acquisition rate significantly exceeds the firm’s typical weekly accumulation of 45,000 to 50,000 ETH, as noted by Chairman Thomas Lee.

From its entire ETH portfolio, 3,142,643 tokens — representing roughly 66% — are currently deployed in staking protocols. At prevailing market rates, this staked allocation carries a value near $6.3 billion.

Revenue from Staking and Platform Debut

The company’s staking operations are producing revenue at an annualized run-rate of $177 million. The seven-day yield registered at 2.80%, marginally exceeding the Composite Ethereum Staking Rate benchmark of 2.79%.

On March 25, Bitmine introduced MAVAN — Made in American VAlidator Network. This institutional-grade staking infrastructure was initially developed to manage Bitmine’s internal ETH treasury. The platform will eventually extend services to external institutional clients and custodial partners.

As of March 27, Bitmine’s shares recorded an average daily trading volume of $920 million over a five-day span. This trading activity positioned the stock as the 100th most actively traded security in the United States among 5,704 publicly listed companies.

Share Price Declines While ETH Gains

Notwithstanding its substantial asset base, BMNR declined 5.86% to $331.00 during intraday trading on March 30. Ethereum prices moved inversely, advancing 4.21% to $2,070 across the same 24-hour window.

The stock currently trades well beneath its 52-week peak of $161 on an adjusted basis. Over the trailing twelve months, shares have generated a 130% return, although recent trading sessions have exhibited heightened volatility.

InvestingPro’s valuation analysis indicates BMNR is presently trading above its Fair Value assessment, suggesting the stock may be overvalued.

Shares closed at $18.39 before the latest intraday movement, and the company’s market presence continues drawing significant interest given its liquidity profile and substantial cryptocurrency exposure.

The post Bitmine (BMNR) Expands Ethereum Position to $10.7B, Stock Slides Despite Growth appeared first on Blockonomi.

While the native cryptocurrency of Pi Network posted an impressive revival in mid-March, it lost momentum and has been underperforming over the past several days.

According to one analyst, though, its price may soon pump by triple digits, assuming it surpasses an important resistance level.

Time to Shine Again?

Earlier in March, PI spiked to a multi-month high of roughly $0.30 following major protocol updates and support from the leading crypto exchange Kraken. However, a classic “sell the news” effect observed around Pi Day led to a substantial pullback, and the asset currently trades at around $0.17 (per CoinGecko’s data), representing a 12% decline over the past two weeks.

Despite the downtrend, some market observers remain optimistic that PI could experience another resurgence in the near future. For instance, X user Buzz Builder recently predicted that a “big pump is coming,” adding that Pi Network “is building.”

ALTS GEMS Alert was a bit more precise, arguing that months of sideways action at around $0.17 typically lead to a “massive move.” The analyst forecasted that overcoming the important $0.20 level may open the door to a price explosion to as high as $0.40.

“Accumulation looks complete. Ready for the breakout,” they concluded.

PI’s Relative Strength Index (RSI) indicates that a move north may indeed be on the horizon. The technical analysis tool tracks the speed and magnitude of the latest price changes to help traders identify potential reversal points. It runs from 0 to 100, where anything under 30 suggests the asset has entered oversold territory and could be due for a rally. On the other hand, ratios above 70 typically signal that a correction may be approaching. Currently, the RSI stands at around 35, or quite close to the bullish zone.

The Warning Signs

Nonetheless, not everything points upward. The upcoming token unlocks, combined with the growing amount of PI flowing onto exchanges, suggest the price may head south in the short term. Data shows that over 207 million coins will be released in the next 30 days, with an average daily unlock of almost 7 million. April 9 is shaping up to be the record day when 18.2 million PI will be freed up. This development will give investors the chance to cash out tokens they have been waiting for a long time, but it doesn’t guarantee a pullback.

The rising number of PI tokens sitting on exchanges tells the same story. Over the last 24 hours, approximately 1.3 million coins have been transferred to such platforms, bringing the total balance to 475.2 million. This is often interpreted as a pre-sale step.

The post Pi Network (PI) Could Soar by 130% but Under This Key Condition: Details appeared first on CryptoPotato.

Ethereum is trading close to $2.1k to close out Q1 2026, and the picture remains largely unchanged from recent weeks. It’s a market that has lost more than half its value from the late-2025 highs and is struggling to build any conviction on the recovery. With macro headwinds persisting and altcoins broadly underperforming, ETH continues to face an uphill battle heading into the new quarter.

Ethereum Price Analysis: The Daily Chart

The descending channel that has defined ETH’s price action since late 2025 remains fully intact on the daily chart. Both the 100-day moving average (~$2.4k) and the 200-day moving average (~$3k) are declining and sitting well above the current price. They form a compressing wall of resistance that has rejected every meaningful recovery attempt since December last year.

The $2.3k–$2.4k supply zone has proven particularly stubborn, as the price pushed into it in mid-March but was rejected sharply. The $1.8k support level also held earlier during the February capitulation wick and remains the key line in the sand to the downside. The $1.6k and $1.4k levels are the next areas of consequence if the $1.8k support zone breaks.

Moreover, the RSI has recovered from its February lows near 20 and is now hovering around the mid-40s. This indicates some stabilization but no clear directional momentum yet.

ETH/USDT 4-Hour Chart

Following the failed breakout attempt into the $2.3k–$2.4k resistance zone a couple of weeks ago, ETH has been trading inside a short-term descending channel on the 4-hour chart. The price is currently close to $2.1k, near the higher boundary of that channel. But every recovery attempt has fresh selling pressure to this point.

The RSI on this timeframe has also bounced from the low-30s back toward the mid-50s. This suggests that the immediate selling pressure may be temporarily fading. However, buyers still need to break above the channel’s upper boundary and, at least, reclaim the recent high near $2.2k on a sustained basis to shift the short-term structure. Failure in doing that will make a retest of the critical $1.8k support zone a realistic short-term scenario.

Sentiment Analysis

Ethereum’s active address count showed a notable spike during the February crash and around the subsequent lows, significantly surging above levels seen during the last two years. While that kind of activity burst can appear constructive at first glance, the context suggests it was more likely a capitulation event, which is a rush of panicked selling and liquidations rather than a wave of fresh demand entering the market.

Yet, for ETH to build a credible bullish case, on-chain activity needs to recover sustainably, not just spike during moments of market stress. Until daily active addresses trend higher on a consistent basis, with the price also climbing, the network data support a cautious outlook rather than a recovery narrative.

The post Ethereum Price Analysis: ETH Reclaims $2K but Bearish Momentum Still Persists appeared first on CryptoPotato.

Over the past week, Bitcoin’s price action has remained weak, with repeated failures to reclaim levels above $70,000, leaving the asset consolidating between $66,000 and $68,000. The asset posted a slight uptick of 2% on Monday, as it traded above $67,700.

Analysts warn that geopolitical uncertainty is weakening bullish setups, thereby reducing confidence in any upside despite the emergence of short-term price recovery signals.

Capital Is Leaving Bitcoin

On-chain analyst Willy Woo said that according to legacy valuation models, Bitcoin could bottom between $46,000 and $54,000, while also indicating a potentially extended timeline for recovery. In his latest tweet, Woo said that capital held in BTC has been trending downward since November, which points to steady outflows. The analyst also highlighted that the CVDD Floor model, currently near $45,500, continues to rise, providing support.

However, he warned that such models are based on historical patterns derived from just four prior bear markets, all of which occurred during a broader “secular” uptrend in global risk assets. If that macro backdrop weakens or breaks down, Woo warned that the leading crypto asset could enter uncharted territory, which could end up increasing the chances of a deeper and longer bear market.

In line with these warnings about a fragile macro setup, another prominent analyst has also dismissed the recent rally as temporary.

Bitcoin Bottom Not In Yet

Crypto analyst Doctor Profit has reiterated a bearish outlook on Bitcoin, while stating that the asset’s move does not mean a confirmed trend reversal. According to his findings, Bitcoin remains in a consolidation phase and could still see further upside in the near term, and a possible move toward the $79,000-$84,000 range is expected.

However, the analyst acknowledged that this potential upside does not justify long positions from a risk-reward perspective. Instead, he maintains an active strategy of positioning shorts, including adding new entries if Bitcoin revisits the $79,000-$84,000 zone. While he assigned a moderate probability to price reaching that range, he warned that ongoing geopolitical uncertainty reduces the attractiveness of bullish exposure.

Doctor Profit further explained that he does not consider the market to have bottomed yet and continues to view Bitcoin as being in an active bear phase. In a separate statement, he placed a likely bottom between $35,000 and $45,000.

The post Bitcoin (BTC) Floor at $46K? Willy Woo Says Macro Risks Could Push It Lower appeared first on CryptoPotato.

The pro-XRP attorney John Deaton has concurred with recent remarks by Ripple CEO Brad Garlinghouse that the United States cannot afford another Gary Gensler experience. He was the former chair of the U.S. Securities and Exchange Commission (SEC).

In a tweet explaining his opinion, Deaton insisted that all the guidance and clarity the crypto industry has received so far can be taken away if a new administration takes over. According to the pro-crypto lawyer, the only way to guarantee that this does not happen is to pass crypto-friendly legislation.

Ripple CEO on U.S. Weaponization of Crypto Policy

Deaton’s remarks echo those of Garlinghouse, who, over the weekend, was a guest at a morning Fox Business show anchored by Maria Bartiromo. During the interview, the Ripple executive warned against the weaponization of crypto policy in the United States.

Garlinghouse revealed that the Biden administration’s war on crypto never made sense to him. He likened their approach to regulating the relatively nascent industry to waging war on emails – a move that could significantly affect digital innovation. Instead of regulatory agencies like the SEC engaging in “thoughtful rule-making,” they initiated “lawfare” and just sued crypto companies. In response to the attack, most companies went offshore.

The Ripple CEO believes the U.S. must prevent another Gensler moment to create an environment favorable to innovation, such as blockchain technology, to thrive. So far, the Trump administration has improved clarity regarding digital asset regulation.

Two weeks ago, the SEC clarified that most crypto assets are not securities, while this is a huge step in the right direction, Garlinghouse insists on more. Codifying bills like the Digital Asset Market Clarity Act (the CLARITY Act) into law will help ensure that there is no second Gensler experience. Garlinghouse sees the CLARITY Act being codified by May, 30 days more than his initial prediction.

Deaton Agrees With Garlinghouse

Backing Garlinghouse’s opinions, Deaton added that while the CLARITY Act could unlock a gateway for large financial institutions and banks to lean into the crypto industry, he still sees these entities as predators. This is because banks have “captured career politicians” to do their bidding.

“Look how those career politicians protected the banks over yield related to stablecoins in the Clarity Act,” the lawyer stated.

Nevertheless, Deaton believes the mere thought of installing another Gensler as SEC chair should force a deal that would lead to the codification of the CLARITY Act as soon as possible.

The post Pro-XRP Attorney and Ripple CEO Agree the U.S. Can’t Afford Another Gary Gensler Moment appeared first on CryptoPotato.

After a sluggish weekend with little to no noteworthy price movements, bitcoin’s volatility returned on Monday morning with a dip to a new monthly low and an impressive rebound.

Most large-rcap alts are slightly in the green on a daily scale, and ETH has emerged as one of the top performers, having surged to over $2,050 as of press time.

BTC Drops and Pumps

Bitcoin went on a massive run last Monday after Trump’s claims that the US and Iran had made progress with their war negotiations, jumping from $67,500 to almost $72,000. It dropped to $69,000 after Iran denied Trump’s statements, but resumed its rally on Wednesday when it tapped a weekly peak at $72,000.

This resistance was too hard to overcome, and BTC quickly began to nosedive. The culmination during that business week was on Friday, when the cryptocurrency dropped to $65,600 for the first time in about four weeks.

It managed to rebound to over $66,000 almost immediately, and spent the weekend trading sideways between that lower boundary and $67,000. It dipped once again earlier this morning to a new monthly low at just under $65,000 before it jumped to nearly $68,000, where it was stopped after the latest developments on the war front.

Its market cap has calmed at $1.350 trillion, while its dominance over the alts stands at just over 56% on CG.

ETH Above $2K

The world’s largest altcoin has reacted well to the latest price volatility, rebounding by 3% since yesterday to over $2,050 as of now. The asset dipped below $1,950 earlier this morning. BNB, XRP, SOL, TRX, DOGE, and ADA are also slightly in the green.

In contrast, HYPE has dropped by 4%, while BCH is still 6% down on the day after yesterday’s flash crash. More gains come from the likes of ZEC, SHIB, UNI, NEAR, and SKY, while SIREN continues to outperform with another 8% surge to almost $1.80.

The total crypto market cap has recovered $40 billion since this time on Sunday, and now sits above $2.4 trillion on CG.

The post Bitcoin Rebounds From New Monthly Lows, Ethereum Reclaims $2K: Market Watch appeared first on CryptoPotato.