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Ether (ETH) price fell 9.3% between March 26 and March 28, testing the $1,860 level for the first time in two weeks. This correction led to over $114 million in liquidations of leveraged ETH futures and caused the premium relative to the regular spot market to drop to its lowest level in over a year. …
Continue reading “Ethereum futures premium hits 1+ year low — Is it time to buy the ETH bottom?”
Bitcoin price is poised to hit $110,000 before retesting the $76,500 range, according to Arthur Hayes, pointing to easing inflationary concerns and more favorable monetary policy conditions in the US that are set to bolster risk assets, including the world’s first cryptocurrency. Still, the decentralized finance (DeFi) industry took another hit after an unknown whale …
A portion of the Ethereum community is pressuring the Ethereum Foundation to make decisions that may “break the entire social fabric” of the smart contract network by restricting Ethereum’s layer-2 (L2) networks, Polygon co-founder Sandeep Nailwal said. Speaking during a March 28 episode of Cointelegraph’s Chain Reaction show on X, the Polygon founder said that …
Continue reading “Anti-L2 push could ‘break the social fabric’ of Ethereum — Sandeep Nailwal”
Bitcoin (BTC) is moving farther away from the crucial $90,000 mark, indicating that buying dries up at higher levels. Market participants seem nervous about the fresh round of US trade tariffs and the renewed inflation pressure as US Personal Consumption Expenditures data came in hotter-than-expected. Traders are divided about Bitcoin’s price trajectory in 2025. Analyzing …
Continue reading “Price analysis 3/28: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON, LINK, AVAX”
Terraform Labs — the company behind LUNA (LUNA) and algorithmic stablecoin TerraUSD (UST) — will launch its crypto loss claims portal on March 31. The portal is aimed at reimbursing individuals who lost at least $100 due to the collapse of the Terra ecosystem in 2022. The move follows a Delaware court’s approval for Terraform …
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For years, Cardano (ADA) has been a cornerstone of the crypto landscape, consistently ranking among the top digital assets by market capitalization. Yet, despite its prominence, ADA’s performance has left many investors questioning its long-term prospects. While it recently made headlines for being included in US President Donald Trump’s initial proposal for a national crypto …
After a positive start to the week, Bitcoin price reverted to negative returns after BTC (BTC) dropped 3.5% to an intraday low of $84,120 on March 28. The price rejection occurred at the cusp of the descending trendline (black) and the upper range of the ascending channel pattern. Bitcoin 1-day chart. Source: Cointelegraph/TradingView On the …
Continue reading “Bitcoin price drop to $72K possible due to ‘macro liquidity’ conditions — Analyst”
Coinbase’s emergence as the Ethereum network’s largest node operator raises concerns about network centralization that could worsen as institutional adoption accelerates, industry executives told Cointelegraph. On March 19, Coinbase published a report disclosing that the US cryptocurrency exchange controlled more than 11% of staked Ether (ETH), more than any other Ethereum node operator. According to …
Continue reading “Coinbase’s Ethereum staking dominance risks overcentralization: Execs”
The Department of Government Efficiency team — or DOGE, which is not an official US government department — led by Tesla CEO Elon Musk is reportedly moving into the Securities and Exchange Commission (SEC). According to a March 28 Reuters report, Musk’s DOGE team contacted the SEC and was told it would be given access …
Continue reading “Elon Musk’s ‘government efficiency’ team turns its sights to SEC: Report”
Opinion by: Eran Barak, CEO at Midnight It’s been almost 16 years since blockchain emerged from its esoteric fringes to enter global discourse, evidenced most recently by continued backing from Wall Street incumbents. Despite this remarkable ascendancy, the unfortunate truth is that this technology has yet to realize its true business potential. A core challenge …
Continue reading “Privacy will unlock blockchain’s business potential”
