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Now only America is handling all the exchanges, the exchanges are not in their own hands, now everyone will be robbed by this politics.#badpolitaition
The crypto market is facing a downturn due to several factors.
Here's a full update:
- Escalating trade wars and tariffs imposed by the US government have led to increased market volatility ¹.
- Massive long liquidations ($257 million in 24 hours) have amplified the sell-off, with Bitcoin and Ethereum being heavily affected ¹.
- A prevailing bearish technical setup, including a rising wedge pattern, signals a potential further downturn ¹.
- Global economic uncertainty and fears of inflation have also contributed to the decline ¹.
- Crypto market capitalization has dropped by 0.91% to around $2.77 trillion .
- Bitcoin's price is correlated with traditional risk markets, exacerbating the decline .
#Market_Update
Here's a full update:
- Escalating trade wars and tariffs imposed by the US government have led to increased market volatility ¹.
- Massive long liquidations ($257 million in 24 hours) have amplified the sell-off, with Bitcoin and Ethereum being heavily affected ¹.
- A prevailing bearish technical setup, including a rising wedge pattern, signals a potential further downturn ¹.
- Global economic uncertainty and fears of inflation have also contributed to the decline ¹.
- Crypto market capitalization has dropped by 0.91% to around $2.77 trillion .
- Bitcoin's price is correlated with traditional risk markets, exacerbating the decline .
#Market_Update
Binance Advisor He Yifa Shifts Communication Strategy
Key Points:
He Yifa stops discussing Binance on personal Twitter, directing queries to official channels.Binance communication strategy evolves amid regulatory and market pressures.Market watches closely for Binance's official announcements and their impact.
He Yifa Shifts Binance Communication Strategy Amid Regulatory Pressures
He Yifa, a notable Binance advisor, announced a shift in communication through ChainCatcher, asserting future inquiries to be directed to official Binance channels.
This change signals a strategic adjustment, aiming to centralize Binance communications amid regulatory scrutiny and market dynamics.
He Yifa's Shift to Formal Binance Channels
He Yifa's announcement marks a significant shift, as he steps back from discussing Binance's operations on his personal Twitter account. Instead, he advised users to rely on Binance’s official announcements for accurate information. The advisory role of He Yifa has been notable within the Binance community, with his insights often sought after. In his words: "Everyone, refer to Binance's announcements for information regarding Binance. I will not respond to work-related information on my personal Twitter moving forward."
Implications of this shift focus on the need for clear and consistent information. This move might streamline Binance's public communication, aligning it with the formal channels, potentially reducing misinformation spread. Market observers suggest that this change could reflect a broader regulatory or strategic adjustment.
Market responses have been mixed. While some users appreciate the effort for clearer communication, others express unease about reduced direct insights from He Yifa. Key figures within the crypto industry have noted this change as indicative of Binance reinforcing its formal communication channels and responsibilities.
Contextualizing Binance's Regulatory Strategy
Did you know?
Binance, since its inception, has faced challenges from various global regulators. This shift in communication aligns with the exchange's efforts to maintain transparency during frequent regulatory evaluations.
Historically, Binance's communications have been scrutinized, especially in times of regulatory challenges. The shift to formal channels could be perceived as a measure to bolster trust and reliability. Analysts view this as a move to ensure integrity and regulatory compliance, critical in protecting the exchange's position in the market.
Expert insights indicate that Binance's commitment to official channels is likely to foster a more stable and predictable relationship with regulators and users alike. Historical data suggests that such moves can influence market stability, with Bitcoin and Binance's native token, BNB, often reflecting the sentiment surrounding the exchange's operational transparency.
#BinanceHerYerde
He Yifa stops discussing Binance on personal Twitter, directing queries to official channels.Binance communication strategy evolves amid regulatory and market pressures.Market watches closely for Binance's official announcements and their impact.
He Yifa Shifts Binance Communication Strategy Amid Regulatory Pressures
He Yifa, a notable Binance advisor, announced a shift in communication through ChainCatcher, asserting future inquiries to be directed to official Binance channels.
This change signals a strategic adjustment, aiming to centralize Binance communications amid regulatory scrutiny and market dynamics.
He Yifa's Shift to Formal Binance Channels
He Yifa's announcement marks a significant shift, as he steps back from discussing Binance's operations on his personal Twitter account. Instead, he advised users to rely on Binance’s official announcements for accurate information. The advisory role of He Yifa has been notable within the Binance community, with his insights often sought after. In his words: "Everyone, refer to Binance's announcements for information regarding Binance. I will not respond to work-related information on my personal Twitter moving forward."
Implications of this shift focus on the need for clear and consistent information. This move might streamline Binance's public communication, aligning it with the formal channels, potentially reducing misinformation spread. Market observers suggest that this change could reflect a broader regulatory or strategic adjustment.
Market responses have been mixed. While some users appreciate the effort for clearer communication, others express unease about reduced direct insights from He Yifa. Key figures within the crypto industry have noted this change as indicative of Binance reinforcing its formal communication channels and responsibilities.
Contextualizing Binance's Regulatory Strategy
Did you know?
Binance, since its inception, has faced challenges from various global regulators. This shift in communication aligns with the exchange's efforts to maintain transparency during frequent regulatory evaluations.
Historically, Binance's communications have been scrutinized, especially in times of regulatory challenges. The shift to formal channels could be perceived as a measure to bolster trust and reliability. Analysts view this as a move to ensure integrity and regulatory compliance, critical in protecting the exchange's position in the market.
Expert insights indicate that Binance's commitment to official channels is likely to foster a more stable and predictable relationship with regulators and users alike. Historical data suggests that such moves can influence market stability, with Bitcoin and Binance's native token, BNB, often reflecting the sentiment surrounding the exchange's operational transparency.
#BinanceHerYerde
US House Passes STABLE Act Regulating Stablecoins
Key Points:
Main event, regulatory passage by U.S. House Committee.Affects stablecoin market and financial institutions.Bill focuses on transparency, clear regulations.
US House Passes STABLE Act Regulating Stablecoins
The STABLE Act's passage signifies increased regulatory clarity for stablecoins, influencing U.S. financial dominance and digital finance advancement.
STABLE Act Passed to Regulate Payment Stablecoins
The STABLE Act, passed with a 32-17 vote, aims at regulating payment stablecoins within the U.S. This legislation seeks to establish a framework for collaboration between stablecoin issuers and traditional financial institutions. It marks a significant advancement in the U.S. digital finance sector.
Sponsored by French Hill (R-AR) and Bryan Steil (R-WI), the bill addresses regulatory concerns regarding stablecoins. President Donald Trump's interest in stablecoin systems has drawn attention and some controversy. This legislation facilitates enhanced interactions between the crypto and banking sectors.
"Passing the STABLE Act ensures that Congress is prioritizing both consumer protection and U.S. leadership in digital finance" - French Hill, Republican Representative, U.S. Congress
Impact on Crypto Markets and Financial Institutions
This bill impacts crypto markets, with Bitcoin and Ethereum showing price increases amidst heightened interest. The legislation influences both traditional banks and fintech companies like PayPal, promoting investment in USD-pegged stablecoins. Political reactions have emerged, with objections from House Democrats regarding conflicts of interest being noteworthy. The regulatory landscape shift may attract investments in U.S. blockchain technology, furthering financial competitiveness against global markets such as Europe and Asia.
Potential Financial Gains and DeFi Protocol Growth
Potential financial gains are linked to increased stablecoin usage in payment systems. The Act may support DeFi protocol growth due to heightened regulatory confidence. Past regulatory actions affecting stablecoins resulted in positive price movements for governance tokens, showing consistency in market behavior.
Main event, regulatory passage by U.S. House Committee.Affects stablecoin market and financial institutions.Bill focuses on transparency, clear regulations.
US House Passes STABLE Act Regulating Stablecoins
The STABLE Act's passage signifies increased regulatory clarity for stablecoins, influencing U.S. financial dominance and digital finance advancement.
STABLE Act Passed to Regulate Payment Stablecoins
The STABLE Act, passed with a 32-17 vote, aims at regulating payment stablecoins within the U.S. This legislation seeks to establish a framework for collaboration between stablecoin issuers and traditional financial institutions. It marks a significant advancement in the U.S. digital finance sector.
Sponsored by French Hill (R-AR) and Bryan Steil (R-WI), the bill addresses regulatory concerns regarding stablecoins. President Donald Trump's interest in stablecoin systems has drawn attention and some controversy. This legislation facilitates enhanced interactions between the crypto and banking sectors.
"Passing the STABLE Act ensures that Congress is prioritizing both consumer protection and U.S. leadership in digital finance" - French Hill, Republican Representative, U.S. Congress
Impact on Crypto Markets and Financial Institutions
This bill impacts crypto markets, with Bitcoin and Ethereum showing price increases amidst heightened interest. The legislation influences both traditional banks and fintech companies like PayPal, promoting investment in USD-pegged stablecoins. Political reactions have emerged, with objections from House Democrats regarding conflicts of interest being noteworthy. The regulatory landscape shift may attract investments in U.S. blockchain technology, furthering financial competitiveness against global markets such as Europe and Asia.
Potential Financial Gains and DeFi Protocol Growth
Potential financial gains are linked to increased stablecoin usage in payment systems. The Act may support DeFi protocol growth due to heightened regulatory confidence. Past regulatory actions affecting stablecoins resulted in positive price movements for governance tokens, showing consistency in market behavior.
EOS Kicks Off Recovery With Key Breakout – Is ONDO Setting Up for a Similar Move?
The cryptocurrency market is navigating through a volatile period, largely influenced by macroeconomic concerns and the recent reciprocal tariffs impacting 185 countries.
Despite the uncertainty, some altcoins are displaying remarkable resilience. EOS (EOS) has surged an impressive 37% over the past week, significantly narrowing its 90-day correction to just 5%. Meanwhile, Ondo (ONDO) is also gaining traction, largely fueled by its inclusion in Binance’s Vote to List campaign.
Source: Coinmarketcap
The current price action suggests that ONDO could be setting up for an upside move similar to EOS after enduring a steep 44% decline in the last 90 days.
EOS (EOS) – Breaking Free from the Downtrend
EOS has gained significant bullish momentum after confirming a breakout from its falling wedge pattern. The breakout occurred on March 18, when EOS managed to surpass its resistance trendline at $0.51. This technical move sparked a strong recovery, with EOS rallying over 50% as it reclaimed key resistance levels, including the 50-day and 100-day moving averages.
EOS (EOS) Daily Chart/Coinsprobe (Source: Tradingview)
The price has now reached the $0.80 resistance zone, a level that will play a crucial role in determining the next move. If EOS manages to break above the resistance zone, it could open the door for a stronger rally toward the $1.03 price level. This would represent an additional 31% upside from current levels.
Ondo (ONDO) – Setting Up for a Breakout?
ONDO’s price action is closely mirroring that of EOS, forming a falling wedge pattern following its rejection from the all-time high of $2.17 on December 16. This sharp downturn led to a 67% correction, bringing the price down to $0.73 on March 11, where buyers stepped in to provide much-needed support.
ONDO Daily Chart/Coinsprobe (Source: Tradingview)
Now, ONDO has recovered to $0.80 and is approaching a critical resistance level at the upper boundary of the wedge. If it manages to break out convincingly, a surge toward $0.95 could be the next move, with further upside potential toward $1.23. This would mark an impressive 51% gain from the current price.
What’s Next?
With EOS already making its breakout move and ONDO showing similar technical signs, the coming days could be crucial for both tokens. EOS needs to hold above the $0.81-$0.82 resistance zone to sustain its bullish momentum, while ONDO traders will be watching closely to see if the token can break through its key resistance.
For ONDO, the Binance Vote to List campaign adds another layer of potential upside, as the possibility of a Binance listing often leads to increased buying pressure. If ONDO secures a listing, it could act as a catalyst for a strong rally.
However, as always, market conditions remain unpredictable, and traders should remain cautious. A failure to hold key support levels could result in further consolidation or potential downside. Whether ONDO follows EOS in a strong breakout or faces more resistance remains to be seen, but the setup for both tokens is undoubtedly intriguing.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.
#ONDO/USDT
Despite the uncertainty, some altcoins are displaying remarkable resilience. EOS (EOS) has surged an impressive 37% over the past week, significantly narrowing its 90-day correction to just 5%. Meanwhile, Ondo (ONDO) is also gaining traction, largely fueled by its inclusion in Binance’s Vote to List campaign.
Source: Coinmarketcap
The current price action suggests that ONDO could be setting up for an upside move similar to EOS after enduring a steep 44% decline in the last 90 days.
EOS (EOS) – Breaking Free from the Downtrend
EOS has gained significant bullish momentum after confirming a breakout from its falling wedge pattern. The breakout occurred on March 18, when EOS managed to surpass its resistance trendline at $0.51. This technical move sparked a strong recovery, with EOS rallying over 50% as it reclaimed key resistance levels, including the 50-day and 100-day moving averages.
EOS (EOS) Daily Chart/Coinsprobe (Source: Tradingview)
The price has now reached the $0.80 resistance zone, a level that will play a crucial role in determining the next move. If EOS manages to break above the resistance zone, it could open the door for a stronger rally toward the $1.03 price level. This would represent an additional 31% upside from current levels.
Ondo (ONDO) – Setting Up for a Breakout?
ONDO’s price action is closely mirroring that of EOS, forming a falling wedge pattern following its rejection from the all-time high of $2.17 on December 16. This sharp downturn led to a 67% correction, bringing the price down to $0.73 on March 11, where buyers stepped in to provide much-needed support.
ONDO Daily Chart/Coinsprobe (Source: Tradingview)
Now, ONDO has recovered to $0.80 and is approaching a critical resistance level at the upper boundary of the wedge. If it manages to break out convincingly, a surge toward $0.95 could be the next move, with further upside potential toward $1.23. This would mark an impressive 51% gain from the current price.
What’s Next?
With EOS already making its breakout move and ONDO showing similar technical signs, the coming days could be crucial for both tokens. EOS needs to hold above the $0.81-$0.82 resistance zone to sustain its bullish momentum, while ONDO traders will be watching closely to see if the token can break through its key resistance.
For ONDO, the Binance Vote to List campaign adds another layer of potential upside, as the possibility of a Binance listing often leads to increased buying pressure. If ONDO secures a listing, it could act as a catalyst for a strong rally.
However, as always, market conditions remain unpredictable, and traders should remain cautious. A failure to hold key support levels could result in further consolidation or potential downside. Whether ONDO follows EOS in a strong breakout or faces more resistance remains to be seen, but the setup for both tokens is undoubtedly intriguing.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.
#ONDO/USDT
Pi Network Round-Up: PI’s Biggest Updates from Q1 2025
The first quarter of 2025 has been a transformative period for [Pi Network](https://bsc.news/post/what-is-pi-network-cryptocurrency-mobile-mining-guide). With a global community of over 60 million Pioneers, Pi Network has spent over five years preparing for a fully decentralized ecosystem.
That vision came to life in Q1 2025 with the launch of the [Open Network](https://bsc.news/post/pi-open-network-explained-guide) on February 20, the debut of the [Pi coin](https://bsc.news/post/pi-network-token-analysis-review), and its initial listings on exchanges. This article offers a detailed round-up of Pi Network’s progress in Q1 2025, covering key achievements, challenges, and the road ahead.
## Open Network Launch: February 20, 2025
Pi Network reached a historic milestone on February 20, 2025, with the official [launch of its Open Network](https://bsc.news/post/pi-launches-open-network-picoin-on-exchanges). The project transitioned to a fully decentralized system after operating in an enclosed mainnet, where Pioneers mined Pi coins on their phones without trading capabilities. This allowed Pi to function as a live cryptocurrency, opening the door to transactions and ecosystem participation.
As stated earlier, the launch capped years of preparation, including efforts to ensure Pioneers completed Know Your Customer (KYC) verification and migrated their balances to the mainnet. By early January, over 9 million users had migrated, surpassing 10 million by mid-February, according to project updates.
The February 20 launch was marked by an online community event, where co-founders Nicolas Kokkalis and Chengdiao Fan shared their goal of making Pi a currency for everyday use.
## Pi Coin Launch: A New Era Begins
The [Pi coin](https://bsc.news/post/pi-network-token-explained-everything-you-need-to-know) officially launched alongside the Open Network on February 20, 2025. During the enclosed mainnet phase, mined coins held no tradable value, but the launch changed that for verified users. Only Pioneers who completed KYC and migrated their balances could participate, a rule tied to earlier deadlines.
To accommodate more users, the project extended the KYC and migration Grace Period several times in Q1—first to January 31, then February 14, and finally March 14. Updates indicated that nearly 200,000 migrations occurred daily at peak times, showing strong community effort. However, unverified balances before the six-month window before migration were forfeited, a decision that stirred some discussion among users.
## Pi Coin Exchange Listings
Following the coin launch, Pi Network quickly secured its place in the crypto market with [exchange listings](https://bsc.news/post/buy-trade-pi-network-token-guide-list-exchanges). By late February, Pi listings appeared on several exchanges. OKX was among the leading crypto exchanges that listed the coin, with more targeted in Q2. These listings enabled Pioneers to buy, sell, and trade Pi, establishing its market presence.
The market response was varied, with trading volumes reducing after the launch hype died down. Despite this, optimism persists within the community, with some speculating that Pi could hit \$10 if adoption grows. Project leaders have focused on utility rather than price speculation, urging patience as the ecosystem develops.
## Pi Day 2025: Celebrating Six Years
[Pi Day 2025](https://bsc.news/post/pi-network-new-features-2025), celebrated on March 14, marked Pi Network’s sixth anniversary and doubled as a showcase for ecosystem growth. Key releases included the [.pi Domains Auction](https://bsc.news/post/pi-network-domains), which lets users bid on custom .pi domains (minimum 10 Pi) for businesses, apps, or personal use via the Pi Browser. The auction, running from March 14 to June 28, aims to enhance Pi’s utility as a digital identifier akin to traditional internet domains.
The first Open Network PiFest also launched from March 14 to March 21. This global event encouraged Pioneers to shop at local Pi-accepting merchants, with over 100,000 registered sellers, including 49,000 active on the Map of Pi app. The initiative underscored Pi’s real-world use, supported by a revamped Ecosystem Interface with cleaner navigation and badges.
## Challenges and Future Outlook
The quarter faced its share of hurdles. The repeated Grace Period extensions drew mixed reactions, with some Pioneers expressing frustration online, asking, “Why keep pushing deadlines?” Others supported the move, noting it allowed more users to join the Open Network. Technical issues, including KYC delays and migration bottlenecks, emerged in early March, but a March 10 update assured affected users they wouldn’t lose eligibility.
Market uncertainty also lingered. With Pi’s value fluctuating post-launch, some traders questioned its stability.
As Q1 2025 ends shortly, Pi Network stands at a pivotal moment. The Open Network launch, Pi debut, and exchange listings have laid a foundation for growth, but challenges like technical refinement and market confidence remain. Plans for Q2 include expanding app integrations and merchant partnerships to enhance Pi’s utility.
Without a doubt, Pi Network has the community to succeed. Whether it becomes a widely used currency or faces setbacks will hinge on its performance in the coming months.
#PiCoreTeam
That vision came to life in Q1 2025 with the launch of the [Open Network](https://bsc.news/post/pi-open-network-explained-guide) on February 20, the debut of the [Pi coin](https://bsc.news/post/pi-network-token-analysis-review), and its initial listings on exchanges. This article offers a detailed round-up of Pi Network’s progress in Q1 2025, covering key achievements, challenges, and the road ahead.
## Open Network Launch: February 20, 2025
Pi Network reached a historic milestone on February 20, 2025, with the official [launch of its Open Network](https://bsc.news/post/pi-launches-open-network-picoin-on-exchanges). The project transitioned to a fully decentralized system after operating in an enclosed mainnet, where Pioneers mined Pi coins on their phones without trading capabilities. This allowed Pi to function as a live cryptocurrency, opening the door to transactions and ecosystem participation.
As stated earlier, the launch capped years of preparation, including efforts to ensure Pioneers completed Know Your Customer (KYC) verification and migrated their balances to the mainnet. By early January, over 9 million users had migrated, surpassing 10 million by mid-February, according to project updates.
The February 20 launch was marked by an online community event, where co-founders Nicolas Kokkalis and Chengdiao Fan shared their goal of making Pi a currency for everyday use.
## Pi Coin Launch: A New Era Begins
The [Pi coin](https://bsc.news/post/pi-network-token-explained-everything-you-need-to-know) officially launched alongside the Open Network on February 20, 2025. During the enclosed mainnet phase, mined coins held no tradable value, but the launch changed that for verified users. Only Pioneers who completed KYC and migrated their balances could participate, a rule tied to earlier deadlines.
To accommodate more users, the project extended the KYC and migration Grace Period several times in Q1—first to January 31, then February 14, and finally March 14. Updates indicated that nearly 200,000 migrations occurred daily at peak times, showing strong community effort. However, unverified balances before the six-month window before migration were forfeited, a decision that stirred some discussion among users.
## Pi Coin Exchange Listings
Following the coin launch, Pi Network quickly secured its place in the crypto market with [exchange listings](https://bsc.news/post/buy-trade-pi-network-token-guide-list-exchanges). By late February, Pi listings appeared on several exchanges. OKX was among the leading crypto exchanges that listed the coin, with more targeted in Q2. These listings enabled Pioneers to buy, sell, and trade Pi, establishing its market presence.
The market response was varied, with trading volumes reducing after the launch hype died down. Despite this, optimism persists within the community, with some speculating that Pi could hit \$10 if adoption grows. Project leaders have focused on utility rather than price speculation, urging patience as the ecosystem develops.
## Pi Day 2025: Celebrating Six Years
[Pi Day 2025](https://bsc.news/post/pi-network-new-features-2025), celebrated on March 14, marked Pi Network’s sixth anniversary and doubled as a showcase for ecosystem growth. Key releases included the [.pi Domains Auction](https://bsc.news/post/pi-network-domains), which lets users bid on custom .pi domains (minimum 10 Pi) for businesses, apps, or personal use via the Pi Browser. The auction, running from March 14 to June 28, aims to enhance Pi’s utility as a digital identifier akin to traditional internet domains.
The first Open Network PiFest also launched from March 14 to March 21. This global event encouraged Pioneers to shop at local Pi-accepting merchants, with over 100,000 registered sellers, including 49,000 active on the Map of Pi app. The initiative underscored Pi’s real-world use, supported by a revamped Ecosystem Interface with cleaner navigation and badges.
## Challenges and Future Outlook
The quarter faced its share of hurdles. The repeated Grace Period extensions drew mixed reactions, with some Pioneers expressing frustration online, asking, “Why keep pushing deadlines?” Others supported the move, noting it allowed more users to join the Open Network. Technical issues, including KYC delays and migration bottlenecks, emerged in early March, but a March 10 update assured affected users they wouldn’t lose eligibility.
Market uncertainty also lingered. With Pi’s value fluctuating post-launch, some traders questioned its stability.
As Q1 2025 ends shortly, Pi Network stands at a pivotal moment. The Open Network launch, Pi debut, and exchange listings have laid a foundation for growth, but challenges like technical refinement and market confidence remain. Plans for Q2 include expanding app integrations and merchant partnerships to enhance Pi’s utility.
Without a doubt, Pi Network has the community to succeed. Whether it becomes a widely used currency or faces setbacks will hinge on its performance in the coming months.
#PiCoreTeam
Here are the top reasons why ETH price is not growing currently:
1. **Bitcoin Dominance**: BTC surge absorbing market attention and investment.
2. **Ethereum Upgrade Delays**: Slowed rollout of Ethereum 2.0 (Serenity) upgrade dampening excitement.
3. **Increasing Competition**: Other smart contract platforms like BSC, Solana, and Polkadot gaining traction.
4. **High Gas Fees**: Elevated transaction costs on Ethereum network reducing usage and appeal.
5. **Regulatory Uncertainty**: Pending US SEC rulings and global regulations causing investor caution.
6. **Technical Resistance**: Strong chart resistance levels around $2,100-$2,200 hindering price breakthroughs.
7. **Whale Investor Sell-Off**: Large ETH holders selling portions of their holdings.
8. **Market Wide Bearishness**: Overall crypto market sentiment currently bearish.
#ETH
1. **Bitcoin Dominance**: BTC surge absorbing market attention and investment.
2. **Ethereum Upgrade Delays**: Slowed rollout of Ethereum 2.0 (Serenity) upgrade dampening excitement.
3. **Increasing Competition**: Other smart contract platforms like BSC, Solana, and Polkadot gaining traction.
4. **High Gas Fees**: Elevated transaction costs on Ethereum network reducing usage and appeal.
5. **Regulatory Uncertainty**: Pending US SEC rulings and global regulations causing investor caution.
6. **Technical Resistance**: Strong chart resistance levels around $2,100-$2,200 hindering price breakthroughs.
7. **Whale Investor Sell-Off**: Large ETH holders selling portions of their holdings.
8. **Market Wide Bearishness**: Overall crypto market sentiment currently bearish.
#ETH
Spot Bitcoin ETFs Raised $89.57 Million, Outflows Continued in Ethereum ETFs
Table of Contents
Bitcoin whales have accumulated over 129,000 BTC since March 11
March 26 bitcoin and Ethereum ETFs saw different dynamics.Bitcoin ETFs saw inflows of $89.57 million.Ethereum ETFs saw outflows of $5.89 million.
Only BlackRock's IBIT fund recorded an inflow of $107.89 million on March 26. Bitwise's BITB product faced an outflow of $18.32 million. No movement of funds was observed in other ETFs.
Ethereum ETFs saw outflows of $3.21 million. ETH and FETH funds lost $4.9 million and $996,090, while the other ETFs saw no capital flows.
No activity has been detected in the Hong Kong sector of spot bitcoin and Ethereum ETFs.
Bitcoin whales have accumulated over 129,000 BTC since March 11
Large holders with more than 10,000 BTC in their accounts are actively accumulating bitcoins, Glassnode experts said. Since March 11, the balance of their wallets has grown by more than 129,000 BTC ($11.2 billion).
According to the portal's report, the Accumulation Trend Score for this group is more than 0.5. This indicates that investors who are in this category exclusively accumulate bitcoins.
At the same time, traders with smaller balances follow mostly the reverse strategy, selling crypto-assets, Glassnode noted.
However, the overall indicator value for the market stands at 0.235 as of March 25. This is a new maximum since January 4, indicating a change in trend among holders in general:
As you can see in the chart below, whales started accumulating bitcoins starting on March 11. The trend accelerated towards the end of the month:
The average volume of the first cryptocurrency per major holder also continues to increase. However, the indicator remains below the values of December-February, which, according to experts, leaves the potential for further growth if the trend continues;
The trend towards bitcoin accumulation by large holders has emerged amid a decline in the supply share of the first cryptocurrency on the accounts of cryptocurrency exchanges. Since March 9, the chart shows a consistent decline:
Other metrics also point to a change in trend. In particular, it is the share of bitcoin addresses that hold the first cryptocurrency for a year or more.
This indicator began to fall in mid-January 2025. However, since the beginning of March, there has been an upward trend - from 61.9% to 63.4% as of March 27
#BTC
Bitcoin whales have accumulated over 129,000 BTC since March 11
March 26 bitcoin and Ethereum ETFs saw different dynamics.Bitcoin ETFs saw inflows of $89.57 million.Ethereum ETFs saw outflows of $5.89 million.
Only BlackRock's IBIT fund recorded an inflow of $107.89 million on March 26. Bitwise's BITB product faced an outflow of $18.32 million. No movement of funds was observed in other ETFs.
Ethereum ETFs saw outflows of $3.21 million. ETH and FETH funds lost $4.9 million and $996,090, while the other ETFs saw no capital flows.
No activity has been detected in the Hong Kong sector of spot bitcoin and Ethereum ETFs.
Bitcoin whales have accumulated over 129,000 BTC since March 11
Large holders with more than 10,000 BTC in their accounts are actively accumulating bitcoins, Glassnode experts said. Since March 11, the balance of their wallets has grown by more than 129,000 BTC ($11.2 billion).
According to the portal's report, the Accumulation Trend Score for this group is more than 0.5. This indicates that investors who are in this category exclusively accumulate bitcoins.
At the same time, traders with smaller balances follow mostly the reverse strategy, selling crypto-assets, Glassnode noted.
However, the overall indicator value for the market stands at 0.235 as of March 25. This is a new maximum since January 4, indicating a change in trend among holders in general:
As you can see in the chart below, whales started accumulating bitcoins starting on March 11. The trend accelerated towards the end of the month:
The average volume of the first cryptocurrency per major holder also continues to increase. However, the indicator remains below the values of December-February, which, according to experts, leaves the potential for further growth if the trend continues;
The trend towards bitcoin accumulation by large holders has emerged amid a decline in the supply share of the first cryptocurrency on the accounts of cryptocurrency exchanges. Since March 9, the chart shows a consistent decline:
Other metrics also point to a change in trend. In particular, it is the share of bitcoin addresses that hold the first cryptocurrency for a year or more.
This indicator began to fall in mid-January 2025. However, since the beginning of March, there has been an upward trend - from 61.9% to 63.4% as of March 27
#BTC
Here are the main reasons why crypto market is not rising currently:
**Top 10 Reasons:**
1. **Lack of Institutional Investment**: Slowdown in big money influx from banks and hedge funds.
2. **Strong US Dollar**: Dollar strength reduces appeal of alternative assets like crypto.
3. **Regulatory Uncertainty**: Pending laws and guidelines cause investor caution.
4. **Bitcoin Halving Cycle**: Current cycle not driving price surge like previous ones.
5. **Economic Recession Fears**: Global slowdown concerns reduce risk appetite.
6. **Low Trading Volume**: Reduced liquidity limits price growth.
7. **Mining Rewards Reduction**: Decreased mining rewards slow new supply, limiting price boost.
8. **Competition from Altcoins**: Other cryptos diverting attention and investment from Bitcoin.
9. **Technical Analysis Resistance**: Strong chart resistance levels hindering price breakthroughs.
10. **Investor Sentiment**: Overall cautious sentiment among crypto investors currently.
#cryptoisdead
#criptonews
**Top 10 Reasons:**
1. **Lack of Institutional Investment**: Slowdown in big money influx from banks and hedge funds.
2. **Strong US Dollar**: Dollar strength reduces appeal of alternative assets like crypto.
3. **Regulatory Uncertainty**: Pending laws and guidelines cause investor caution.
4. **Bitcoin Halving Cycle**: Current cycle not driving price surge like previous ones.
5. **Economic Recession Fears**: Global slowdown concerns reduce risk appetite.
6. **Low Trading Volume**: Reduced liquidity limits price growth.
7. **Mining Rewards Reduction**: Decreased mining rewards slow new supply, limiting price boost.
8. **Competition from Altcoins**: Other cryptos diverting attention and investment from Bitcoin.
9. **Technical Analysis Resistance**: Strong chart resistance levels hindering price breakthroughs.
10. **Investor Sentiment**: Overall cautious sentiment among crypto investors currently.
#cryptoisdead
#criptonews
Here are the key factors and entities controlling the crypto market:
1. **Institutional Investors (15%-20% control)**: Hedge funds, family offices, and banks influence prices.
2. **Whale Investors (10%-15% control)**: Individual high-net-worth investors holding large crypto amounts.
3. **Crypto Exchanges (8%-12% control)**: Platforms like Binance, Coinbase, and Kraken impact liquidity and prices.
4. **Mining Pools (5%-8% control)**: Groups like F2Pool and Poolin control significant hash rates, influencing Bitcoin prices.
5. **Global Events and Regulations (5%-10% control)**: Government policies, economic trends, and news shape market sentiment.
6. **Market Makers (3%-5% control)**: Entities providing liquidity on exchanges influence prices.
7. **Central Banks (2%-3% control)**: Indirect influence through monetary policies and currency fluctuations.
#Market_Update
#CryptoPatience
#badcryptopolition
1. **Institutional Investors (15%-20% control)**: Hedge funds, family offices, and banks influence prices.
2. **Whale Investors (10%-15% control)**: Individual high-net-worth investors holding large crypto amounts.
3. **Crypto Exchanges (8%-12% control)**: Platforms like Binance, Coinbase, and Kraken impact liquidity and prices.
4. **Mining Pools (5%-8% control)**: Groups like F2Pool and Poolin control significant hash rates, influencing Bitcoin prices.
5. **Global Events and Regulations (5%-10% control)**: Government policies, economic trends, and news shape market sentiment.
6. **Market Makers (3%-5% control)**: Entities providing liquidity on exchanges influence prices.
7. **Central Banks (2%-3% control)**: Indirect influence through monetary policies and currency fluctuations.
#Market_Update
#CryptoPatience
#badcryptopolition
Here's today's crypto market update as of Wednesday, March 19, 2025:
- Global crypto market cap: $2.61T - $2.74T, representing a 1.15% - 1.28% increase over the last day
- 24-hour trading volume: $71.08B - $156.2B
- Bitcoin price: $82,877.11 - $83,490.30 USD, with a 0.33% - 0.84% increase in the last 24 hours
- Ethereum price: $1,939.56 - $1,974.04 USD, with a 1.69% - 4.15% increase in the last 24 hours
- Top gainers include XRP, Polkadot, and Binance Coin cryptocurrencies
#Market_Update
- Global crypto market cap: $2.61T - $2.74T, representing a 1.15% - 1.28% increase over the last day
- 24-hour trading volume: $71.08B - $156.2B
- Bitcoin price: $82,877.11 - $83,490.30 USD, with a 0.33% - 0.84% increase in the last 24 hours
- Ethereum price: $1,939.56 - $1,974.04 USD, with a 1.69% - 4.15% increase in the last 24 hours
- Top gainers include XRP, Polkadot, and Binance Coin cryptocurrencies
#Market_Update
Here are the top reasons why the crypto market is currently down:
1. **SVB Bank Collapse**: Silicon Valley Bank failure sparks fear of contagion in financial markets.
2. **US Interest Rate Hikes**: Expected rate increases reduce appeal of risky assets like crypto.
3. **Bitcoin Miner Sell-Off**: Miners selling BTC holdings to cover operational costs.
4. **Regulatory Pressures**: Increased scrutiny from US SEC and other global regulators.
5. **Liquidity Crisis**: Reduced trading volume and liquidity exacerbate price declines.
6. **Whale Investor Sell-Off**: Large investors selling crypto holdings, flooding market with supply.
7. **Technical Analysis**: Bearish chart patterns and indicators signal further decline.
8. **Global Economic Slowdown**: Recession fears reduce risk appetite for crypto investments.
#marektdowntrend
1. **SVB Bank Collapse**: Silicon Valley Bank failure sparks fear of contagion in financial markets.
2. **US Interest Rate Hikes**: Expected rate increases reduce appeal of risky assets like crypto.
3. **Bitcoin Miner Sell-Off**: Miners selling BTC holdings to cover operational costs.
4. **Regulatory Pressures**: Increased scrutiny from US SEC and other global regulators.
5. **Liquidity Crisis**: Reduced trading volume and liquidity exacerbate price declines.
6. **Whale Investor Sell-Off**: Large investors selling crypto holdings, flooding market with supply.
7. **Technical Analysis**: Bearish chart patterns and indicators signal further decline.
8. **Global Economic Slowdown**: Recession fears reduce risk appetite for crypto investments.
#marektdowntrend
[11/03, 4:55 pm] CryptoCruncher: Here's today's crypto market update as of Tuesday, March 11, 2025:
- Global crypto market cap: $2.65T, down 2.03% over the last day ¹
- 24-hour trading volume: $156.2B, up 37.45% ¹
- Bitcoin price: $81,804.84 USD, up 0.69% in last 24 hours ¹
- Ethereum price: $1,919.93 USD, up 8.74% in last 24 hours ¹
- Top gainers include Ethereum, XRP, and BNB cryptocurrencies ¹
Want me to dive deeper into any of these points?
[11/03, 4:55 pm] CryptoCruncher: Here's today's crypto market update as of Tuesday, March 11, 2025:
- Global crypto market cap: $2.65T, down 2.03% over the last day ¹
- 24-hour trading volume: $156.2B, up 37.45% ¹
- Bitcoin price: $81,804.84 USD, up 0.69% in last 24 hours ¹
- Ethereum price: $1,919.93 USD, up 8.74% in last 24 hours ¹
- Top gainers include Ethereum, XRP, and BNB cryptocurrencies ¹
- Global crypto market cap: $2.65T, down 2.03% over the last day ¹
- 24-hour trading volume: $156.2B, up 37.45% ¹
- Bitcoin price: $81,804.84 USD, up 0.69% in last 24 hours ¹
- Ethereum price: $1,919.93 USD, up 8.74% in last 24 hours ¹
- Top gainers include Ethereum, XRP, and BNB cryptocurrencies ¹
Want me to dive deeper into any of these points?
[11/03, 4:55 pm] CryptoCruncher: Here's today's crypto market update as of Tuesday, March 11, 2025:
- Global crypto market cap: $2.65T, down 2.03% over the last day ¹
- 24-hour trading volume: $156.2B, up 37.45% ¹
- Bitcoin price: $81,804.84 USD, up 0.69% in last 24 hours ¹
- Ethereum price: $1,919.93 USD, up 8.74% in last 24 hours ¹
- Top gainers include Ethereum, XRP, and BNB cryptocurrencies ¹
Crypto prices are down due to several factors:
1. Disappointment over the US Strategic Bitcoin Reserve announcement, which didn't meet investor expectations ¹.
2. Escalating US tariff wars, leading to a risk-off sentiment among investors ².
3. Strong correlation between crypto and US equities, causing crypto prices to drop when stocks decline ².
4. Massive liquidations of nearly $980 million worth of positions, increasing market supply and driving prices lower ².
5. Failure to break through key resistance levels, signaling strong selling sentiment ².
#Market_Update
1. Disappointment over the US Strategic Bitcoin Reserve announcement, which didn't meet investor expectations ¹.
2. Escalating US tariff wars, leading to a risk-off sentiment among investors ².
3. Strong correlation between crypto and US equities, causing crypto prices to drop when stocks decline ².
4. Massive liquidations of nearly $980 million worth of positions, increasing market supply and driving prices lower ².
5. Failure to break through key resistance levels, signaling strong selling sentiment ².
#Market_Update
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP struggle despite Trump’s Bitcoin
Bitcoin price is extending its decline on Friday after falling more than 7% so far this week.Ethereum price is retesting its key support level at around $2,125; a close below would extend the correction.XRP has fallen by 4.7% on Friday after correcting nearly 16% this week.
Bitcoin (BTC) price extends its decline, trading around $87,000 on Friday after falling more than 7% so far this week. Ethereum (ETH) and Ripple (XRP) prices followed in BTC’s footsteps and declined nearly 15% and 16%, respectively, despite Trump signing an executive order to create the US Strategic Bitcoin Reserve on Thursday.
Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.
The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it…— David Sacks (@davidsacks47) March 7, 2025
Bitcoin price momentum indicator reflect weakness
Bitcoin price faced rejection around the $95,000 level on Sunday and declined 8.54% the next day. However, on Tuesday, BTC dipped below the daily support level at $85,000 but bounced and closed above it. This daily level roughly coincides with the 200-day Exponential Moving Average (EMA) at $85,843, making it a key support zone. At the time of writing on Friday, it trades down, finding support around the 200-day EMA at $85,843.
If BTC breaks below the 200-day EMA and closes below $85,000, it could extend the decline to retest its next support level at $73,000.
The Relative Strength Index (RSI) on the daily chart reads 41, which points downwards after rejecting from its neutral level of 50 earlier this week, indicating bearish momentum. The Moving Average Convergence Divergence (MACD) indicator coils around each other, suggesting indecisiveness among the traders.
BTC/USDT daily chart
However, if the $85,000 level holds as support, BTC could extend the recovery to retest its Sunday high of $95,000.
Ethereum price is poised for a downleg if it closes below $2,125
Ethereum price found support around its $2,125 level on Saturday and rose 13.56%, closing above its daily resistance of $2,359 the next day. However, ETH erased its recent gains on Monday but found support around its $2,125 level the next day and recovered 3.65% by Wednesday. At the time of writing on Friday, it declines and approaches its $2,125 support level.
If ETH declines and closes below $2,125, it could extend the decline to retest its weekly support level of $1,905.
The RSI on the daily chart reads 35 after rejecting around its neutral level of 50 on Sunday, indicating bearish momentum. At the same time, its MACD also showed a bearish crossover last week, suggesting a downward trend.
ETH/USDT daily chart
On the other hand, if the $2,125 level holds as support and ETH continues its recovery, it could extend the rally to retest its next resistance level at $3,000.
Bitcoin (BTC) price extends its decline, trading around $87,000 on Friday after falling more than 7% so far this week. Ethereum (ETH) and Ripple (XRP) prices followed in BTC’s footsteps and declined nearly 15% and 16%, respectively, despite Trump signing an executive order to create the US Strategic Bitcoin Reserve on Thursday.
Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.
The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it…— David Sacks (@davidsacks47) March 7, 2025
Bitcoin price momentum indicator reflect weakness
Bitcoin price faced rejection around the $95,000 level on Sunday and declined 8.54% the next day. However, on Tuesday, BTC dipped below the daily support level at $85,000 but bounced and closed above it. This daily level roughly coincides with the 200-day Exponential Moving Average (EMA) at $85,843, making it a key support zone. At the time of writing on Friday, it trades down, finding support around the 200-day EMA at $85,843.
If BTC breaks below the 200-day EMA and closes below $85,000, it could extend the decline to retest its next support level at $73,000.
The Relative Strength Index (RSI) on the daily chart reads 41, which points downwards after rejecting from its neutral level of 50 earlier this week, indicating bearish momentum. The Moving Average Convergence Divergence (MACD) indicator coils around each other, suggesting indecisiveness among the traders.
BTC/USDT daily chart
However, if the $85,000 level holds as support, BTC could extend the recovery to retest its Sunday high of $95,000.
Ethereum price is poised for a downleg if it closes below $2,125
Ethereum price found support around its $2,125 level on Saturday and rose 13.56%, closing above its daily resistance of $2,359 the next day. However, ETH erased its recent gains on Monday but found support around its $2,125 level the next day and recovered 3.65% by Wednesday. At the time of writing on Friday, it declines and approaches its $2,125 support level.
If ETH declines and closes below $2,125, it could extend the decline to retest its weekly support level of $1,905.
The RSI on the daily chart reads 35 after rejecting around its neutral level of 50 on Sunday, indicating bearish momentum. At the same time, its MACD also showed a bearish crossover last week, suggesting a downward trend.
ETH/USDT daily chart
On the other hand, if the $2,125 level holds as support and ETH continues its recovery, it could extend the rally to retest its next resistance level at $3,000.
ETH's next move is highly speculative, but based on current trends and analysis ¹:
- Ethereum price is currently $2,113 USD, with an 11.53% increase over the last 7 days.
- Immediate resistance levels are around $2,200-$2,300 USD.
- Support levels are at $2,050-$2,080 USD.
- Breakout above $2,300 USD could lead to a rally towards $2,500 USD.
#ETH🔥🔥🔥🔥🔥🔥
- Ethereum price is currently $2,113 USD, with an 11.53% increase over the last 7 days.
- Immediate resistance levels are around $2,200-$2,300 USD.
- Support levels are at $2,050-$2,080 USD.
- Breakout above $2,300 USD could lead to a rally towards $2,500 USD.
#ETH🔥🔥🔥🔥🔥🔥
Here's today's cryptocurrency market update as of Saturday, March 8, 2025:
- Global crypto market cap: $2.78 trillion USD, up 7.56% over last 7 days but down 7.56% in last 24 hours
- 24-hour trading volume: $180 billion USD ¹
- Bitcoin price: $84,040 USD, with a 4.42% increase over last 7 days
- Ethereum price: $2,113 USD, with an 11.53% increase over last 7 days
- Top gainers include XRP Ledger Ecosystem and Polkadot Ecosystem cryptocurrencies
#Market_Update
- Global crypto market cap: $2.78 trillion USD, up 7.56% over last 7 days but down 7.56% in last 24 hours
- 24-hour trading volume: $180 billion USD ¹
- Bitcoin price: $84,040 USD, with a 4.42% increase over last 7 days
- Ethereum price: $2,113 USD, with an 11.53% increase over last 7 days
- Top gainers include XRP Ledger Ecosystem and Polkadot Ecosystem cryptocurrencies
#Market_Update
Chainlink (LINK) Rebounds From Key Support, Eyes Breakout Toward $35
Chainlink has rebounded from the 0.786 Fibonacci retracement level after finding strong support in the demand zone. The price is moving towards a critical resistance level as market participants monitor its next move. A breakout from the descending trendline could confirm a shift in momentum, potentially signaling a bullish phase in the market.
LINK Finds Support at Fibonacci Retracement Level
Tracking the market analyst observations, LINK price tested the 0.786 Fibonacci level around $13.87 before rebounding. A descending trendline was broken, indicating a shift in movement. The chart marks a possible retracement before a rise toward $30. The support zone aligns with previous consolidation levels, reinforcing the price structure.
Buyers have defended the support zone, preventing further declines. The recent bounce suggests a possible reversal, with price action now challenging key technical levels. The Fibonacci retracement tool helps traders identify potential reversal points, and LINK’s reaction at this level reinforces its significance in market structure.
LINK’s price is approaching a descending trendline that has contained its movements for a considerable period. The current price action suggests an attempt to surpass this resistance level. A successful breakout could indicate renewed strength in buying pressure, potentially shifting the trend in favor of bullish momentum.
Potential Target Set at $35
If LINK successfully breaks above the descending trendline, it may open the path for further upward movement. Technical projections suggest that $35 could be a key price level to monitor. The market response to this breakout attempt will determine whether LINK can sustain its upward trajectory. Traders are assessing volume trends and momentum indicators to gauge the likelihood of continued price increases.
LINK exists in a critical phase that shows itself through its current price fluctuations. LINK may continue its price rise after a confirmed breakout and will possibly maintain current resistance levels to show additional consolidation instead. The demand area presents crucial support for LINK price levels and the descending trendline functions as its main resistance barrier.
#ChainlinkUpdate $LINK
LINK Finds Support at Fibonacci Retracement Level
Tracking the market analyst observations, LINK price tested the 0.786 Fibonacci level around $13.87 before rebounding. A descending trendline was broken, indicating a shift in movement. The chart marks a possible retracement before a rise toward $30. The support zone aligns with previous consolidation levels, reinforcing the price structure.
Buyers have defended the support zone, preventing further declines. The recent bounce suggests a possible reversal, with price action now challenging key technical levels. The Fibonacci retracement tool helps traders identify potential reversal points, and LINK’s reaction at this level reinforces its significance in market structure.
LINK’s price is approaching a descending trendline that has contained its movements for a considerable period. The current price action suggests an attempt to surpass this resistance level. A successful breakout could indicate renewed strength in buying pressure, potentially shifting the trend in favor of bullish momentum.
Potential Target Set at $35
If LINK successfully breaks above the descending trendline, it may open the path for further upward movement. Technical projections suggest that $35 could be a key price level to monitor. The market response to this breakout attempt will determine whether LINK can sustain its upward trajectory. Traders are assessing volume trends and momentum indicators to gauge the likelihood of continued price increases.
LINK exists in a critical phase that shows itself through its current price fluctuations. LINK may continue its price rise after a confirmed breakout and will possibly maintain current resistance levels to show additional consolidation instead. The demand area presents crucial support for LINK price levels and the descending trendline functions as its main resistance barrier.
#ChainlinkUpdate $LINK
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