Crypto Potato

The government of Bhutan is aggressively selling Bitcoin while the price holds above $71,000

In a notable move, the Kingdom of Bhutan has just executed Bitcoin transfers totaling tens of millions of US dollars, occurring against the backdrop of Bitcoin prices maintaining above the $71,000 threshold. This move continues Bhutan's strategy of gradually reducing its Bitcoin holdings, part of a portfolio management plan and aimed at long-term development goals.

On-chain data from Arkham Intelligence indicates that in the last 24 hours, Bhutan has transferred approximately 519.7 BTC, equivalent to about $36.75 million. This Bitcoin was sent to two new wallets, one of which is associated with trading firm QCP Capital. Previously, on March 17, 2026, Bhutan also sold over 973 BTC (approximately $72.3 million). These transactions are often viewed by analysts as signs of potential upcoming sales.

Bhutan's Bitcoin transfers are not new, but rather part of an ongoing strategy. Since the beginning of 2026, the country has transferred or sold over $40 million in Bitcoin. However, the scale and frequency of recent transactions indicate an increase in selling activity.

Bhutan's Bitcoin reserves have significantly decreased, from a peak of 13,295 BTC in October 2024 to just over 4,400 BTC (approximately $322 million) currently. The country was once one of the significant state-level holders of Bitcoin, mainly accumulating through state-backed mining operations.

Bitcoin "vanished" 10 years unexpectedly reactivated

A notable event occurred in the cryptocurrency market when 500 Bitcoin (BTC), estimated to be worth around 35.5 million USD, was moved from a wallet associated with Clifton Collins, a drug trafficker. This Bitcoin is believed to have "slept" for over a decade before being unexpectedly traded.

Experts speculate that the wallet may have been unlocked through a file like wallet.dat or by a brute-force method if the initial security system was weak. Another possibility is that Collins used a poorly random key generation tool, making the private key potentially guessable.

This incident raises concerns about potential security vulnerabilities in old wallets, especially those created in the early years of Bitcoin. Securing the private key remains a critical factor in the cryptocurrency field.

In addition to 11 other wallets associated with Collins that have not yet been accessed, this incident serves as an important reminder that even seemingly permanently lost assets can be recovered.

Binance Exchange Delists 9 Spot Trading Pairs: Is There a Decrease in Liquidity?

The announcement from Binance regarding the delisting of nine spot trading pairs is a routine measure to ensure that listed assets maintain high standards and are suitable for changing market conditions. Experts believe this is part of the exchange's risk management and liquidity processes, highlighting the necessity for continuous evaluation of projects.

Binance has officially announced the suspension of trading for nine spot pairs starting from March 27, 2026, at 10:00 AM (Vietnam time). Trading will be temporarily halted just before the delisting occurs.

The delisted trading pairs include:

1. Binance Life/TRY
2. ALT/BTC
3. CYBER/BNB
4. CYBER/ETH
5. CYBER/FDUSD
6. JUV/USDC
7. LSK/BTC
8. SAND/BTC
9. VET/BTC

For investors holding these assets, the delisting could lead to a sudden price drop due to the loss of liquidity on this major exchange, although trading may still continue on other platforms or peer-to-peer (P2P).

Is the XRP lawsuit aimed at eliminating small retail investors?

The XRP lawsuit, particularly the case between Ripple and the SEC (U.S. Securities and Exchange Commission), is not aimed at eliminating small retail investors but primarily focuses on determining the legal status of XRP. However, the developments in the lawsuit may impact retail investors in various ways.

The legal case between Ripple and the SEC, which began in December 2020, revolves around whether XRP should be considered a security. The SEC alleges that Ripple sold unregistered securities, while Ripple and its supporters argue that XRP is not a security, especially when sold to individual investors.

During periods of significant market volatility, especially when there is negative news or macroeconomic instability, short-term investors or those using excessive leverage tend to exit their positions. This is described as the process of "washing out the weak hands."

Recent data shows that retail investors continue to play an important role in driving momentum for XRP, particularly through investment products like the XRP ETF.

For retail investors, staying updated on legal developments, understanding market dynamics, and considering a long-term perspective will be key to navigating this volatile investment environment.

Ripple's legal leader refutes the notion that "crypto is useless" as Americans use it more and more.

Ripple's chief legal officer, Stuart Alderoty, has strongly refuted the notion that cryptocurrencies are "useless," highlighting the increasing number of Americans using these digital assets.

Stuart Alderoty, also the president of the Digital Asset and Payments Association (ADPA), argues that those with negative views on crypto often overlook the reality of the technology's widespread adoption in American economic life.

The view that crypto is "useless" has been criticized by many experts and industry leaders for not accurately reflecting the actual usage patterns. Alderoty emphasized that millions of Americans are using crypto for a variety of purposes, from investing and payments to other innovative financial applications.

The increase in crypto users in the US demonstrates the potential and growth of this market. This also highlights the need for a clear and supportive legal framework to protect consumers and foster innovation in the digital asset sector.

Mr. Alderoty's speech is likely to spur deeper discussions about the role and potential of crypto in the future economy, not only in the US but also globally.

SoFi Bank Officially Supports Solana Transactions, Expanding Cryptocurrency Services

SoFi Bank has become the first FDIC-insured bank in the United States to offer integrated cryptocurrency trading services, officially supporting Solana (SOL) alongside Bitcoin and Ethereum. This move marks the continued expansion of SoFi's digital financial products and reaffirms its pioneering position in integrating traditional banking services with digital assets.

SoFi Bank, with its national banking license, allows users to conduct cryptocurrency transactions directly within the same app, where they can manage their bank accounts, loans, and other investments. This service is provided by SoFi Bank, N.A., a national bank regulated by the Office of the Comptroller of the Currency, distinct from banks that only offer cryptocurrency custody or payment services.

Brad Garlinghouse caused a stir when he revealed Gary Gensler had apologized for XRP.

In a recent exchange at the White House, Ripple CEO Brad Garlinghouse revealed that Gary Gensler, the former chairman of the U.S. Securities and Exchange Commission (SEC), had apologized to him for the protracted legal battle between the SEC and Ripple regarding XRP.

This was a major shock, especially after years of tension between Ripple and the SEC, beginning when the SEC sued Ripple in 2020, alleging the company issued XRP as an unregistered security. However, in 2023, a court ruled that XRP was not a security, marking a major turning point for Ripple and the crypto community.

This could be a sign of changes in regulators' approach to the cryptocurrency industry in the future, although Gensler has not yet commented publicly on the apology.

Analysts Reveal Significant Upward Prospects for Bitcoin, Ethereum, and XRP

Cryptocurrency market analysts are offering optimistic forecasts regarding the potential for price increases in Bitcoin, Ethereum, and XRP in the near future. While the market may be experiencing a lull, numerous technical indicators and analyses suggest significant growth potential, particularly for XRP and Bitcoin.

Bitcoin is showing signs of recovery after a period of decline, forming a structural bottom around $64,000–$65,000 and surging more than 5% to approach $69,000. Some experts predict Bitcoin could reach $80,000 to $85,000 if the bullish accumulation pattern holds. This recovery was initially driven by the liquidation of short positions, but for a sustainable uptrend, the market needs continuous spot buying.

Another analyst suggests that the widening gap between Bitcoin and gold could be a harbinger of a strong future price surge, as large investors are quietly accumulating more funds. If Bitcoin holds above the $60,000 area, targets of $80,000 to $85,000 are achievable, offering an attractive risk-to-reward ratio for traders.

Ethereum is also showing a similar chart structure to Bitcoin, with setups that could lead to an uptrend. Analysts predict Ethereum could reach targets near $2,600, or even up to $2,800 if momentum is strong. ETH's upward momentum is in sync with Bitcoin, reflecting improving risk appetite in the cryptocurrency market. According to an analyst from Santiment, Ethereum is currently below a "neutral" valuation level, a positive sign; however, more data is needed to definitively confirm that ETH is a better choice than Bitcoin.

XRP is predicted to see a significant price increase, especially as Bitcoin's dominance ratio declines. One analyst believes XRP's next major move could coincide with a historic collapse in Bitcoin's weighting, similar to the 2017 period when XRP surged over 70,000%. Currently, XRP has fallen nearly 70% from its 2025 peak, with some predictions suggesting potential growth of up to 1200%.

World Liberty Financial proposes a new governance staking mechanism for WLFI, closely linking voting rights to USD1

On February 26, 2026, World Liberty Financial (WLFI) announced a new governance mechanism requiring WLFI token holders to stake for at least 180 days to gain voting rights. This is a significant step towards enhancing long-term commitment and strengthening the role of the USD1 stablecoin within their ecosystem.

This proposal marks a new direction for WLFI, reflecting their commitment to building a long-term engaged user community and enhancing the utility of USD1 in transactions.

Cryptocurrency in March 2026: Over $6 Billion in Tokens to Be Unlocked, WhiteBIT Leads the Way.

March 2026 is projected to be the month with the largest token unlock volume of the year, with an estimated total value exceeding $6 billion. This figure is nearly three times the monthly average of around $2 billion. This significant increase is likely to have a strong impact on the cryptocurrency market, affecting liquidity and token prices. Notably, WhiteBIT is expected to contribute a large portion of this figure, with approximately $4.18 billion worth of tokens unlocked during the month.

Below is a list of notable token unlocks in March 2026, along with estimated values ​​and percentages of the total circulating supply:
• Jupiter (JUP): 253 million tokens (8% of total supply) - valued at $40.5 million
• pump.fun (PUMP): 10 billion tokens (1.7% of total supply) - valued at $19 million
• STBL (STBL): 417 million tokens (83% of total supply) - valued at $19.5 million
• Aster (ASTER): 78.4 million tokens (3.2% of total supply) - valued at $55.5 million
• LayerZero (ZRO): 24.7 million tokens (10.3% of total supply) - valued at $41.8 million
• Humanity Protocol (H): 133.5 million tokens (7.3% of total supply) - valued at $16.2 million

Additionally, there are many other unlock events with smaller values, including Optimism (OP), Zora (ZORA), Sui (SUI), Ethena (ENA), Arbitrum (ARB), Aptos (APT), and many other projects.

Major investors bought $213 million worth of ADA.

Another key factor driving Cardano's price is the strong accumulation activity from large investors, also known as "whales." Data from Santiment shows that over the past six months, wallets holding between 100,000 and 100 million ADA have accumulated over 819.4 million ADA, equivalent to approximately $213.9 million and representing 1.6% of the total supply. Historically, accumulation by large investors often signals the initial recovery phase of the cryptocurrency market.

Cardano's trading activity also saw a significant increase. 24-hour trading volume surged 181% to $1.15 billion, indicating strong buying pressure and confirming the upward price trend.

Technical analysis suggests Cardano is showing early signs of potentially breaking out of its months-long downtrend. A daily close above the $0.35 resistance level could pave the way for ADA to move toward higher targets, starting at $0.40 and then $0.50. If the upward momentum is sustained, the potential price could reach the $0.70–$0.73 range.

Why October could be a bullish month for Altcoin

October is predicted to potentially be a bullish month for altcoins thanks to the combination of several positive factors in the cryptocurrency market.

Bitcoin's dominance has dropped below 59%, indicating that capital is gradually shifting towards altcoins. This is often a precursor to a potential altcoin season.

The search volume for altcoins on Google surged by 40-50% at the end of September, and the Altcoin Season Index also rose to 67, indicating increasing interest from investors.

The meeting of the Federal Open Market Committee (FOMC) on October 29 is predicted to have a 99% chance of cutting interest rates, which usually has a positive impact on the financial markets in general, including cryptocurrency.

Traditionally, October is one of the strongest months for cryptocurrency. Bitcoin has averaged an increase of about 21.5% in October. If history repeats itself, Bitcoin's growth could lead to a rise in top altcoins like Ethereum, Solana, and XRP.

October is seen as the “ETF Month” with 16 cryptocurrency exchange-traded funds (ETFs) awaiting final decision from the U.S. Securities and Exchange Commission (SEC). The approval of these ETFs, especially for major altcoins like Solana, XRP, Litecoin, and Dogecoin, could attract institutional capital and new investors, creating huge demand and driving prices up.

According to analyst Virtualbacon, some large-cap altcoins could deliver attractive returns in October, including: ETH, XRP, SOL, LINK, XLM, SUI, HYPE. Additionally, smaller projects like WorldLiberty and Aster are also gaining attention.

Altcoin Season 2025: Will it be bigger than 2021?

The cryptocurrency market is witnessing signs that a new "altcoin season" may be approaching, and many analysts predict that this season could be even bigger than the 2021 boom.

The TOTAL3 index, which tracks the market capitalization of altcoins (excluding Bitcoin and Ethereum), is forming a "Cup & Handle" pattern on the weekly chart. This is a strong bullish pattern, indicating significant growth potential after a consolidation phase.

If this pattern completes, the market capitalization of altcoins could reach $4.37 trillion, equivalent to an increase of nearly 290% from the current level.

The Bitcoin dominance (BTC Dominance) falling below 59% is a clear sign that capital is shifting from Bitcoin to altcoins.

The altcoin market is going through an unusually long accumulation phase, even longer than the altcoin seasons of 2017 and 2021. This often signals a strong price increase afterwards.

Searches for altcoins on Google increased by 40-50% in the last week of September 2025, and the Altcoin Season Index reached 67, indicating growing interest from the community.

Some altcoins predicted to have strong growth potential include:

SOL, XRP, ADA are expected to experience strong price increases. Solana (SOL) has the potential to break its ATH if the ecosystem continues to innovate.

DOGE, SHIB may see explosive price increases, with Dogecoin (DOGE) targeting $1.50.

The altcoin season of 2025 is showing many positive signals, likely to bring attractive investment opportunities.

WLFI launches debit card integrated with Apple Pay, expanding the digital financial ecosystem

The WLFI debit card is set to launch with the ability to integrate with Apple Pay, promising to provide a seamless payment experience between cryptocurrency and fiat currency. This move is part of the strategy to expand the digital financial ecosystem of World Liberty Financial (WLF), a project linked to the Trump family.

World Liberty Financial (WLF) is preparing to launch the WLFI debit card, allowing users to link the USD1 wallet (WLF's stablecoin) and WLFI with Apple Pay. This will facilitate convenient transactions converting cryptocurrency to fiat currency.

WLF co-founder Zak Folkman stated that the debit card will be compatible with the upcoming retail application of the platform. This app is described as a combination of the peer-to-peer (P2P) payment feature of Venmo and the trading capabilities of Robinhood.

WLF is pursuing a broader strategy to tokenize real-world assets (RWA) such as oil, gas, cotton, and wood, intending to pair these tokenized assets with USD1.

Avery Ching, CEO of Aptos, emphasized that the cost-effectiveness and speed of the Aptos network are key factors driving WLF's decision. USD1 currently has a market capitalization of approximately 2.7 billion USD, ranking fifth among the largest stablecoins globally.

The integration of the USD1 debit card with Apple Pay has the potential to drive mainstream consumer acceptance of stablecoins for everyday transactions, paving the way for broader integration of digital currencies into retail.

Retail traders are rushing to buy, while institutional investors are quietly pulling back

The cryptocurrency market is witnessing a notable trend: individual traders are actively buying, despite warning signs of a major correction. In contrast, institutional investors are tending to sell, showing greater caution.

Analysis from experts indicates a clear divergence in the behavior of the two groups of investors. Small cryptocurrency wallets are showing strong optimism, while larger wallets appear more cautious, even leaning towards a pessimistic trend.

Institutional investors: Sold approximately 3.6 billion USD in stocks last week, and hedge funds continued to sell an additional 1.3 billion USD.

Retail investors: Have poured about 200 million USD.

This discrepancy may suggest that retail traders are getting caught up in the "fear of missing out" (FOMO) mentality and buying in at the last stage, while larger investors have actively withdrawn capital. This is seen as a classic scenario that could lead to a market collapse.

Cardano and NEAR Protocol Collaborate, Opening a New Era of Cross-Chain Transactions

Cardano and NEAR Protocol announced a strategic partnership, integrating "Intents" technology to facilitate seamless and secure cross-chain asset transactions, promising to significantly enhance the utility of ADA and the application potential of both blockchains.

Cardano's founder, Charles Hoskinson, expressed excitement about the future of cryptocurrency, particularly regarding the latest collaboration between Cardano and NEAR Protocol. NEAR Protocol, a high-performance Layer 1 blockchain, has integrated Cardano into its NEAR Intents platform. This partnership is designed to simplify decentralized interactions and extend Cardano's reach across various different blockchains.

NEAR Intents is the core technology driving this collaboration. Described as "the future of cryptocurrency" by Charles Hoskinson, NEAR Intents allows AI agents, users, and decentralized services to automatically execute "intents" (the goals or desired outcomes of users). This eliminates the complexity of blockchain, supporting native AI applications and advanced cross-chain transactions.

This development showcases Cardano's relentless efforts to improve ADA's interoperability and utility, while also affirming NEAR Protocol's position as a cutting-edge platform for next-generation blockchain applications, particularly in the field of AI.

Will the Altcoin season begin in October 2025?

October 2025 is being forecasted as a promising month for the cryptocurrency market, especially with the possibility that the "Altcoin season" will begin or continue strongly. Many signs and analyses from experts point towards a vibrant growth phase for altcoins.

The dominance rate of Bitcoin (BTC.D) is trending to fall below 59%, indicating that capital is gradually shifting from Bitcoin to potential altcoins.

Search interest in altcoins on Google has significantly increased, along with the Altcoin Season Index (ASI) reaching high levels.

The market capitalization of altcoins is in its longest accumulation phase, which historically often leads to strong price increases when Q4 begins.

Technical patterns on the charts, such as a long-term descending wedge, when a breakout is possible, often signal a strong price increase for altcoins.

The SEC is expected to make a final decision on a series of spot ETF applications for major altcoins in October 2025. The change in listing regulations has increased the probability of approval to almost certain, which could be a major "boost" for the altcoin market.

The SEC has granted the first "No-Action Letter" to DoubleZero, confirming that token 2Z and transactions under the program are not considered securities. This shows that the SEC is taking a more open attitude towards the crypto sector and may pave the way for other projects seeking a clear legal framework in the U.S.

October 2025 promises to be a pivotal month for the cryptocurrency market, with many significant events likely to drive a vibrant "Altcoin season."

Important Decision on Crypto ETF Waiting for SEC in October 2025

October 2025 is forecasted to be a pivotal month for the cryptocurrency market, as the U.S. Securities and Exchange Commission (SEC) prepares to make final decisions on a series of applications for spot ETF approval for major altcoins.

Currently, there are over 92 ETF applications awaiting SEC review, including popular cryptocurrencies such as Litecoin (LTC), Solana (SOL), Dogecoin (DOGE), XRP (XRP), Cardano (ADA), and many others.

Important deadlines in October include:
- Date 02/10: Deadline for Canary, Grayscale, and Coinshares' Litecoin ETF.
- Date 10/10: Deadline for Grayscale, Vaneck, 21Shares, etc.'s Solana ETF.
- Date 17/10: Deadline for Grayscale, Bitwise, and Canary's XRP ETF, etc.

The SEC may make a decision earlier than the deadlines.

The Solana ETF filings surge as financial "giants" join the race

The cryptocurrency market is witnessing unprecedented activity with a series of new ETF filings and moves from reputable financial institutions. Notably, the participation of major names like Fidelity, Franklin Templeton, and Grayscale in the Solana spot ETF race is generating high expectations for a new breakthrough in digital assets.

A wave of S-1 amendment filings has been submitted to the U.S. Securities and Exchange Commission (SEC) for spot Solana ETFs. Leading companies including Franklin Templeton, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, and Canary Capital have updated their filings.

Interestingly, these filings also include terms regarding SOL staking, a factor seen as a "good omen" for spot Ethereum ETF products in the future. Nate Geraci, president of The ETF Store, predicts that approvals could come within the next two weeks. James Seyffart, Bloomberg's ETF analyst, also believes this is a sign that both the issuer and the SEC are actively pushing the process.

Interest in Solana ETFs is not limited to filings. Recently, the Solana Staking ETF REX-Osprey was launched in July and has attracted attention. Hunter Horsley, CEO of Bitwise, shared that the Bitwise Solana Staking ETP in Europe has attracted $60 million just this week, indicating strong interest from investors.

SEC Requests Withdrawal of 19b-4 Filings for Cryptocurrency ETFs: A Move to Gain Momentum or Delay?

The U.S. Securities and Exchange Commission (SEC) has requested that potential ETF issuers for cryptocurrencies such as Dogecoin (DOGE), Litecoin (LTC), Solana (SOL), and XRP withdraw their 19b-4 filings. This move comes after the SEC approved new general listing standards for cryptocurrency products.

The SEC's approval of new general listing standards earlier this month eliminated the need for companies to file individual 19b-4 applications for each cryptocurrency ETF. According to the new guidelines, exchanges can list funds if they meet certain requirements, significantly shortening the approval time from a maximum of 240 days to about 75 days.

The request to withdraw the 19b-4 filings applies to ETF products for XRP, Solana, Litecoin, Dogecoin, and Cardano. Issuers may begin withdrawing their filings as early as this week.

Many experts believe this move will accelerate the approval process for altcoin ETFs, allowing traditional investors easier access to these assets with lower risk. Bloomberg expert Eric Balchunas noted that the likelihood of approval is now almost certain at 100%, as the 19b-4 step is no longer necessary and only the S-1 review step remains.

Approval of altcoin ETFs is expected to be the catalyst that kicks off a new altcoin season.

The SEC's move brings hope for a more optimized and quicker cryptocurrency ETF approval process, while also posing the risk of new delays.