Month: March 2025

Bitcoin to $110K next, Hyperliquid whale bags $6.2M ‘short’ exploit: Finance Redefined

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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 exploited Hyperliquid’s algorithms to generate over $6 million in profit on a memecoin short position. Bitcoin “more likely” to hit $110,000 before $76,500 — Arthur Hayes Bitcoin may reach a new all-time high of $110,000…

Anti-L2 push could ‘break the social fabric’ of Ethereum — Sandeep Nailwal

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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 he has only seen this type of pressure and anti-L2 rhetoric during the current market cycle amid suppressed price action for Ether (ETH). “Everybody understands that if Ethereum doesn’t survive, the layer-2s won’t survive,” Nailwal…

BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON, LINK, AVAX

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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 data from the prediction markets platform Polymarket, X user Ashwin highlighted that Bitcoin’s most bearish target for 2025 is $59,040, and the most bullish is $138,617. Crypto market data daily view. Source: Coin360 Although the…

Terraform Labs to open loss claims portal on March 31

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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 Labs to wind down operations. The judge overseeing the case agreed with Terraform Labs’ bankruptcy plan, calling it a “welcome alternative” to further litigation over investor losses. Terraform Labs settled with the US Securities and…

Trump plans to meet with Bitcoin bull Nayib Bukele next month

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Key Takeaways Trump plans to meet Bitcoin advocate Nayib Bukele at the White House next month. El Salvador adopted Bitcoin as legal tender, and holds reserves in the digital asset. Share this article US President Donald Trump plans to meet with El Salvador President Nayib Bukele at the White House next month, Bloomberg reported Friday, citing sources with knowledge of the plan. The two pro-Bitcoin leaders have maintained connections. Trump and Bukele held a phone conversation days after his inauguration, during which they discussed collaboration on combating illegal immigration and…

Is Cardano (ADA) a “zombie crypto”?

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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 stockpile, its price action and onchain activity tell a different story — one that has even led some critics to brand it a “zombie.” Recent findings suggest that the ecosystem behind ADA, the Cardano network,…

Bitcoin price drop to $72K possible due to ‘macro liquidity’ conditions — Analyst

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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 daily chart, BTC is currently below the 200-day exponential moving average (EMA) again, and a potential close below the key indicator might trigger further downside.    Global liquidity expansion could help Bitcoin price Recent analysis…

Coinbase’s Ethereum staking dominance risks overcentralization: Execs

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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 Karan Sirdesai, CEO of Web3 startup Mira Network, Coinbase’s growing dominance highlights “a systemic issue in Ethereum’s staking architecture.” “We’re creating a system where a handful of major players control an outsized portion of network…

Elon Musk’s ‘government efficiency’ team turns its sights to SEC: Report

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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 to the commission’s systems and data. The agency reportedly planned to establish a liaison team to work with the “efficiency” team, whose intentions were not immediately clear. “Our intent will be to partner with the…

Popular Analyst Peter Brandt Identifies XRP Head & Shoulder Pattern, Reveals Path To Take

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Popular analyst Peter Brandt has provided a bearish outlook for the XRP price, predicting that the altcoin could drop below the $2 support. As part of his analysis, he…