Ethereum’s growing base of active users may be one reason investors are putting more money into it — and less into Bitcoin. Related Reading: Cardano In Danger Zone? Trader Drops ‘Time Bomb’ Claim Exchange Outflows Point To A Shift In Holding Behavior Data from on-chain research firm XWIN Research shows Ethereum recorded a sustained drop in exchange-held supply throughout March 2026, a sign that more holders are moving their tokens off trading platforms and into long-term storage. Reduced exchange supply typically signals less intention to sell. At the same time, active addresses on the Ethereum network trended higher, pointing to broader usage across its ecosystem. Stablecoins, decentralized finance, and real-world asset tokenization all saw activity gains during the period. ETHUSD trading at $2,236 on the 24-hour chart: TradingView Bitcoin did not show the same kind of network momentum. While it posted a 1.80% price gain in March, its market cap slipped 0.41%. Ethereum, by contrast, climbed 7% and expanded its market cap by almost 3%. That gap drew attention from analysts tracking capital movement across the two largest cryptocurrencies. Why Ethereum Outperformed Bitcoin “ETH currently benefits from simultaneous capital inflow, supply tightening, and ecosystem growth. This positions Ethereum as a structurally stronger asset in the current phase.” – By @xwinfinance pic.twitter.com/khcggqJZk6 — CryptoQuant.com (@cryptoquant_com) April 10, 2026 Ethereum Runs Hotter Than Bitcoin On Volatility Measures The two assets moved largely in the same direction — their price correlation sat at around 0.94 — but how far they moved told a different story. Ethereum’s realized volatility came in at 62% for the month. Bitcoin’s was 49%. According to XWIN Research, that spread positions Ethereum as a higher-beta asset, one that reacts more sharply when liquidity conditions shift. Traders chasing bigger short-term gains appear to have taken notice. The Coinbase Premium Gap, a metric that tracks the price difference between Coinbase and other exchanges, remained negative for Ethereum. Reports indicate, however, that it showed early signs of narrowing — a potential signal that US-based demand is beginning to return. Related Reading: XRP Faces No Immediate Quantum Threat As Only 0.03% Supply Seen At Risk: Analyst Store-Of-Value Narrative Loses Ground To Utility Play Bitcoin has long been positioned as digital gold — a place to park value rather than a network to build on. That story may be losing some of its pull, at least for now. Based on XWIN Research’s analysis, attention appears to be rotating toward assets that respond more directly to shifts in liquidity and market sentiment. Ethereum, with its broader infrastructure role, is currently drawing that attention. The analysis stopped short of predicting how long the trend would last. What it did say is that Ethereum’s on-chain data and ecosystem activity place it in a stronger short-term position than Bitcoin. Whether that holds as broader market conditions change remains to be seen. Featured image from Meta, chart from TradingView
WLFI fell to a record low after it was revealed that the project used billions of its own tokens as collateral to borrow $75 million in stablecoins.
Tech giants' shift to infrastructure investment could reshape investor returns and market dynamics.
The post Jonathan Heathcote: Big tech is shifting to physical infrastructure investments, foreign capital is reshaping US asset valuations, and labor’s share of output is declining | Odd Lots appeared first on Crypto Briefing.
A federal judge in Arizona temporarily blocked the state from enforcing gambling laws against Kalshi, siding with federal regulators. The ruling pauses enforcement until April 24 and signals that event-based contracts may fall under federal derivatives law rather than state gambling rules. U.S. District Court Sides With Federal Regulators On 10th April, U.S. District Judge …
Bitcoin just had its best week in a while. The ceasefire rally, the CPI relief, $73,000 briefly touched. After weeks of grinding losses, it finally feels like something has changed. But one analyst who publicly called the top six months ago is not buying the narrative shift. According to Benjamin Cowen, founder of Into The …
Bitcoin traders are rebuilding bets on a move toward $80,000 as easing geopolitical tensions, firmer institutional demand, and a rebound above $70,000 revive appetite for upside exposure after weeks of defensive positioning. On Coinbase-owned Deribit, the largest venue for crypto options, the $80,000 call has become the single biggest strike by open interest this week, […]
The post Bitcoin bulls are eyeing $100,000, yet the futures market hints at another dip first appeared first on CryptoSlate.
Over the years, there have been different metrics, technicals, and ways in which investors have tried to predict the Bitcoin price bottom with each bear market. Some of these have reportedly done so with some accuracy, while others have seen a deviation. Recently, a pseudonymous crypto analyst who goes by @cryptocupra on the X (formerly Twitter) platform has shared their own bottom prediction, using a 23-Bar Theory. How Bitcoin Bottoms Go In The Past In the post shared on the social media platform, the crypto analyst explained that there have been 23 bars that have predicted the bottom of each Bitcoin bear cycle. Apparently, these 23 bars have been accurate over the last three cycles, and thus, could end up predicting another bottom this time around. Related Reading: Ethereum Ascending Channel Puts Price At $5,700, Analyst Reveals When To Sell The analyst explains this theory using the Bitcoin 1-month chart, showing how many monthly bars it takes until the bottom is in. Going deep into the past, the crypto analyst points out the first iteration of this 23-bar theory taking place back in the 2014 bear market. This 23-month period, approximately 2 years, is shown in the analysis to be an expansion phase, often acting as a launchpad for the price into the next bull market. Counting out the monthly closes, it shows that there was a total of 23 monthly bar closes before the bottom was in. Following this, the Bitcoin price rebounded, and this move inevitably led to the beginning of the next bull market cycle. Then again, the crypto analyst says this repeats itself in the 2018 bull market. Like in 2014, there were a total of 21-23 monthly bars, and once these were complete, the crypto analyst says the bottom was in, and then the next rally began. The most recent of these iterations was back in the 2022 bear market, where the analyst once again points out this theory. They explain that the Bitcoin price saw the same 23 bars before the bottom was in and the 2024-2025 rally began in the months that followed. Related Reading: Recent Developments Show Why The Shiba Inu Price Keeps Crashing Now, in 2026, the analyst believes that this trend is set to repeat itself again. If this is the case, then it means that the bottom is in and that Bitcoin has now entered into an expansion phase within the 23 bars. If this follows, then it could mark the bottom and begin the start of another bull market. According to the crypto analyst, history doesn’t lie, and thus, the BTC price is set to go parabolic again. Featured image from Dall.E, chart from TradingView.com
The U.S. government just moved over 2 BTC to a Coinbase Prime wallet, but the transfer itself isn’t the real story. It’s what it reveals about how seized crypto is now being handled. The funds, flagged by Arkham Intelligence, are linked to Glenn Olivio, who was indicted in 2025 in an alleged steroid distribution and …
Bhutan has sold about 70% of its Bitcoin holdings over the past 18 months, with Arkham data showing its stash shrinking from roughly 13,000 BTC in October 2024 to 3,954 BTC, now worth around $280.6 million. About $215.7 million of that reduction happened this year alone, indicating active liquidation. Additionally, it’s been over a year …
An extremely consequential diplomatic meeting is hours away. Iran’s 71-person team, led by Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi, arrived in Pakistan’s capital this morning for direct negotiations with US Vice President JD Vance, special envoy Steve Witkoff and Jared Kushner. It is the first face-to-face meeting between the two nations …
Grayscale Investments has released its Q2 2026 “Assets Under Consideration” list, highlighting a clear shift in institutional focus toward infrastructure, advanced DeFi, and AI-driven crypto projects. The list suggests that institutions are prioritizing real-world utility, scalability, and emerging technology narratives over speculative trends. The list includes a wide range of tokens across multiple sectors: Infrastructure: …
A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with the CFTC.
XRP has been moving with the broader crypto market, pushing up to important support levels and climbing to the top of its recent consolidation range near $1.36. That rebound has reignited bullish speculation around the altcoin, and now one analyst is laying out a much more ambitious scenario—one that, if it unfolds, could translate into a roughly 1,100% rally from current levels. New XRP Price Target At $16.39 In a report published by 24/7 Wall St., market analyst Javon Marks said he has a fresh chart-based target for XRP that sits just under $17. Marks is also the analyst credited with calling XRP’s move from $0.56 to $2.47 in January 2024, months before that rally actually happened. The new thesis, according to the report, is built around a long-running technical structure: a pennant pattern that began forming in 2017 and later broke out in late 2024. Related Reading: WLFI Crashes 13% To All-Time Lows Amid Growing Liquidation Fears For World Liberty Financial Marks’ framework starts with the earlier 2017 phase. The report notes that XRP rose from $0.006 to $3.31 in 2017 in one of the largest rallies in its history. After that burst, the token fell sharply and then spent about seven years consolidating inside the pennant structure described by the analyst. The long wait appears to have ended during the post-election crypto rally: in late 2024, XRP broke out of the pennant, jumping from $0.49 to above $3.60 by mid-2025. From there, Marks says he uses a “measured move” method. This approach takes the size of the original rally that created the pennant setup and projects that distance forward from the later breakout point. Under that method, the analysis points to $16.39—just under the nearly $17 level that Marks posted on April 8. The report also emphasizes that the measured move is not expected to be a straight line, as pullbacks are part of the pattern. What Would It Take For The Altcoin To Rally 1,000%? XRP, the report says, already moved about 647% from the breakout before retracing back toward the area where it currently trades, around $1.36. Marks argues that this pullback looks more like the “normal” behavior of the pattern rather than evidence that the breakout failed. The report draws a comparison to what happened in 2017: the altcoin pulled back sharply after the early move, yet still went on to complete the full measured move. If history rhymes again, Marks suggests XRP could complete another leg that delivers roughly 1,100% upside from current pricing. Related Reading: Expert Forecasts Bitcoin Surge To $80,000 Amid US-Iran Ceasefire And Oil Price Drop However, the report makes clear that reaching that kind of price would require major real-world changes, not just chart follow-through. It says that for XRP to reach such a valuation, several things would need to fall into place. Banks on Ripple’s network would need to start settling using XRP instead of the company’s RLUSD stablecoin and fiat. That shift is described as depending on the long-awaited CLARITY Act passing to provide legal cover for the transition. On top of that, XRP ETF inflows would need to grow substantially; the report notes that XRP has already attracted about $1.2 billion so far, but reaching $17 would likely require sustained inflows in the “tens of billions” over multiple years, alongside institutional adoption at a scale not yet seen. Featured image from OpenArt, chart from TradingView.com
Dogecoin (DOGE) is flashing a high-stakes setup as price compresses at a key macro support, with market structure now pointing toward a potential Wave 5 expansion, the phase historically linked with the most aggressive rallies. After months of sideways drift and weakening momentum, the setup now shows a rare alignment: trendline support, cycle structure, and …
RaveDAO (RAVE) has emerged as one of the crypto market’s most talked-about tokens, posting explosive gains and attracting massive trading volume. The price has been going vertical, attracting over 500% gains, with volume exploding from below $20 million to over $400 million, a more than 1700% rise.But beneath the rally, a key question remains. Is …
Bitwise has submitted a second amendment for its Hyperliquid ETF, confirming the ticker BHYP and setting the management fee at 67 basis points. These finalized details are typically one of the last steps before an ETF receives regulatory approval and moves toward launch. The filing reflects continued development of the product structure and positioning in …
Bitwise has submitted a second amendment for its Hyperliquid ETF, confirming the ticker BHYP and setting the management fee at 67 basis points. These finalized details are typically one of the last steps before an ETF receives regulatory approval and moves toward launch. The filing reflects continued development of the product structure and positioning in …
The Commodity Futures Trading Commission (CFTC) has launched an Innovation Task Force (ITF), signaling a major shift in how the United States is approaching crypto regulation. This move suggests the U.S. is finally transitioning from uncertainty to a more structured and proactive regulatory framework. The task force will focus on crypto, blockchain, artificial intelligence (AI), …
Bitwise has taken a major step toward launching a Hyperliquid ETF by confirming the ticker BHYP and a 0.67% fee, signaling the product is likely in its final stages before approval. If launched, the ETF could bring significant institutional capital into Hyperliquid and further boost demand for its native token HYPE. Bitwise Advances Hyperliquid ETF …
Subnet developer Covenant AI announced its exit from Bittensor due to decentralization concerns and alleged punitive actions by the AI-focused network ecosystem co-founder, Jacob Steeves. Related Reading: Solana Price At Risk As Key Pattern Emerges – Is $52 The Next Stop? Covenant AI Slams Bittensor’s Decentralization On Friday, Covenant AI’s founder, Sam Dare, released a statement announcing the subnet developer’s departure from decentralized artificial intelligence network Bittensor, citing governance disputes and decentralization concerns. “We cannot in good conscience continue to build on a network where the foundational claim we make to our investors, that this infrastructure is decentralized and permissionless, is contradicted by the reality of how the network is actually governed,” Dare wrote, calling Bittensor a “decentralized theater.” For context, Covenant AI was one of Bittensor’s most prominent contributors, operating three subnets: Templar (SN3), Basilica (SN39), and Grail (SN81). As reported by NewsBTC, the team’s Covenant-72B model, which was acknowledged by NVIDIA’s CEO and cited by Anthropic’s co-founder, recently triggered a significant rally for TAO’s price. In the statement, Covenant AI’s founder argued that Bittensor’s alleged decentralization problem “runs deeper than any single incident,” affirming that the network actually has “centralized control with decentralized branding.” He claimed that Bittensor’s founder, Jacob Steeves, also known as Const, maintains effective control over the triumvirate structure the network operates on, “resists any meaningful transfer of authority, and deploys changes unilaterally whenever he chooses, without process and without consensus.” In addition, Dare alleged that Steeves took a series of actions against Covenant AI’s operations over the past few weeks, including suspending emissions to its subnets, overriding moderation capabilities over its community channels, publicly deprecating the subnet infrastructure, and applying “direct economic pressure” through strategically timed token sales. Bittensor Founder, Community Push Back Steeves quickly responded to the allegations, denying Dare’s claims in an X post. First, the Bittensor founder addressed the suspending emissions argument, affirming that he doesn’t have that ability but sold some of his alpha holdings on the three subnets, as “they were not running, and were on near 100% burn code.” “This changed the emission in the same way all buys and sells on Bittensor do. I don’t have any privilege beyond what normal TAO holders have,” he stated. Regarding the deprecation and removal of moderation rights, Steeves argued that Dare “specifically deprecated his own channels,” particularly the Discord channel, and repeatedly deleted posts of “genuine, honest criticism.” As a result, he claims to have “removed that ability temporarily and then reinstated it later,” but did not remove his moderator role. “I simply stopped him from deleting posts from others in his channels.” Alex DRocks, a Bittensor community member and participant of the Discord channels, backed some of Steeves’ counterclaims. “I saw the legit post deletions in real-time and also the bittensor discord channels being deprecated by Sam (Covenant owner) too. Everything Const said above checks out,” he wrote in an X thread. “The deleted posts were critiques about sn39 redoing exactly what another compute subnet is doing while they had shilled about innovating and doing better than others. (…) What this proves is that Sam Dare couldn’t handle a simple question without deleting the messages,” DRocks continued. Lastly, Steeves denied making “large visible token sales” to apply economic pressure, affirming that he has sold less than 1% of what he had invested in Covenant AI’s teams. TAO Price Crashes After ‘Calculated Exit’ Amid the controversy, Bittensor saw its token, TAO, crash 25% from the $340 area to a multi-week low of $250 before bouncing toward the $260 level. Analyst Ardi noted that 24 hours before the Covenant AI’s news dropped, TAO’s sell volume hit its highest level since December 2024. Related Reading: Ethereum Reclaims $2,200, But Analyst Says It’s Not Time To Celebrate Yet – Here’s Why “If you think that’s a coincidence, you don’t understand the game you’re playing. This was a calculated exit and execution,” he stated, explaining that larger wallets that knew beforehand “were unloading into the breakout attempt yesterday, using that strength to nuke millions in size well before the headline hit the market.” Meanwhile, retail-sized wallets had to absorb the pressure, competing for an exit at 20% lower. The analyst pointed out that TAO was in an “accumulation continuation phase” following its recent breakout, but warned that “the chart is going to have a difficult time absorbing 18-month high sell volume when it’s right at a key support level.” Featured Image from Unsplash.com, Chart from TradingView.com
Bitwise added the ticker $BHYP and a 0.67% management fee in its latest filing, signaling a potential launch soon, according to Bloomberg's senior ETF analyst.
Technical and onchain indicators hint at a possible trend reversal in XRP price as traders watch to see if a key support level holds.
Ethereum is pushing toward $2,200. The macro environment is uncertain. And top analyst Darkfost has identified a signal in the derivatives market that has not appeared in nearly three years — emerging at precisely the moment the price is testing a level that matters. Related Reading: XRP Supply Is Thinning and Leverage Is Absent. Learn What Happens When One Of Those Changes The signal comes from the ETH Taker Buy Sell Ratio on Binance — a measure of whether buyers or sellers are dominating perpetual contract activity on the exchange that processes more than a third of all ETH open interest globally. After an extended period of seller dominance, the ratio has returned above 1.0, with a monthly average of approximately 1.016, and has held there for several consecutive days. The last time this setup was observed was in 2023. That three-year gap is the detail that elevates the current reading from a routine metric improvement to a structural development. Derivatives markets are where conviction is expressed with leverage — where participants put real capital behind directional views with amplified consequences. When buyer dominance returns to that market after nearly three years of absence, it is not a technical footnote. It is a behavioral shift from the participants who feel the market most acutely. Darkfost’s assessment is measured: this is the early stage of a more constructive trend, not its confirmation. The macro environment has not been resolved. But the derivatives market has started moving in a direction it has not moved in three years — and that timing, against the $2,200 test, is not coincidental. 37% of All Ethereum Derivatives Flow Through Binance Darkfost’s first point of context is the one that gives the current reading its full structural weight. Binance accounts for over 37% of total ETH open interest globally — meaning more than a third of all leveraged ETH positioning in the world sits on a single venue. When the derivatives signal on Binance flips from seller-dominant to buyer-dominant, it is not a reading from a peripheral platform. It is a reading from the venue that processes the largest share of the market’s directional conviction. The mechanism the ratio measures is straightforward and worth stating precisely. The Taker Buy Sell Ratio tracks the relationship between market buy and sell volumes on perpetual contracts. Above 1.0, buyers are dominant — more capital is entering through market buy orders than market sell orders. Below 1.0, sellers control the flow. For nearly three years, the ratio held below 1.0 on Binance. It has now moved above it, with a monthly average of 1.016, and has sustained that level for several consecutive days. What makes the current shift specifically constructive — rather than simply positive — is how it is unfolding. There are no excessive spikes. No sudden, violent imbalances of the kind that typically precede liquidation cascades in derivatives markets. The ratio is climbing gradually, methodically, in a way that reflects genuine behavioral change rather than a temporary flush of short positions. Darkfost names this explicitly: gradual shifts in derivatives markets are structurally healthier than sharp ones. A slow return of buyer dominance builds a more durable foundation than a rapid one. The market is not overheating into the signal. It is growing into it — and that distinction, for Ethereum at $2,200, is the difference between a setup and a trap. Related Reading: Ethereum’s $2.1B Leverage Flush Was Not a Breakdown Signal: Here Is What It Actually Was Ethereum Tests Resistance as Recovery Structure Builds Ethereum is extending its recovery attempt, now pushing toward the $2,200–$2,250 region, a level that is beginning to define short-term resistance. The chart shows a clear shift in behavior following the February capitulation: instead of continued downside, ETH has formed a series of higher lows, indicating that buyers are gradually regaining control. This change is meaningful, but still incomplete. Price is interacting closely with the 50-day moving average (blue), which is flattening after a prolonged decline. That suggests momentum is stabilizing. However, ETH remains below the 100-day (green) and 200-day (red) moving averages, both trending downward, which keeps the broader structure bearish. Related Reading: Aave Breakdown Deepens With Supply Flooding Back To Binance. Learn What Triggered The Rush Volume dynamics support the recovery narrative, but cautiously. The spike during the sell-off marked forced liquidations, while the subsequent lower volume during the rebound suggests a controlled, less speculative move higher. The key level to watch is the $2,200–$2,400 range. A clean break and consolidation above this zone would confirm a shift in market structure and open the path toward the 100-day average. Failure to break higher would reinforce this as another lower high within a broader downtrend. For now, Ethereum is transitioning — not trending — with early signs of strength, but no confirmation yet. Featured image from ChatGPT, chart from TradingView.com
Increased scrutiny of private credit highlights potential systemic risks, emphasizing the need for regulatory balance to prevent financial instability.
The post US Fed, Treasury assess spillover risks from $1.8 trillion private credit appeared first on Crypto Briefing.
Escalating US-Iran tensions heighten nuclear security concerns as control over Iran's capabilities diminishes.
The post Robert Pape: 75% chance of US-Iran conflict escalation, the complexities of targeting nuclear materials, and the resilience of Iran’s regime | The Diary of a CEO appeared first on Crypto Briefing.
Chainlink's innovative oracle services are bridging the gap between traditional finance and the blockchain economy.
The post Ryan Lovell: Tokenization is revolutionizing finance, Chainlink ensures reliable data for blockchain applications, and understanding financial systems drives blockchain interest | Capital Allocators appeared first on Crypto Briefing.
AI-driven legal tech is reshaping law firms, creating competitive advantages in a traditionally stagnant market.
The post Max Junestrand: General AI models fall short for legal applications, tailored solutions are essential, and the legal sector’s AI adoption is reshaping competition | Uncapped with Jack Altman appeared first on Crypto Briefing.
On-chain data shows Bitcoin has been trading inside a major cost-basis cluster recently, and the latest rally hasn’t taken it past the range either. Bitcoin URPD Shows Significant Supply Has Cost Basis Near Current Levels In a new post on X, analyst Ali Martinez has discussed the latest data for the UTXO Realized Price Distribution (URPD) of Bitcoin. This on-chain indicator tells us about the amount of BTC that was last purchased at the various price levels visited by the cryptocurrency in its history. Related Reading: Top Toncoin Whales Silently Accumulate 189,730 TON Despite Market Weakness Below is the chart shared by Martinez that shows how the URPD of Bitcoin is looking right now. As is visible in the graph, there are some levels near to the current spot price with a notable amount of supply last purchased according to the URPD. Naturally, the investors holding coins with a cost basis at one of these levels below the latest price would be in some profit right now, while those above would be underwater. However, the latest price surge has meant that the majority of investors inside this cluster are now in the green. From the chart, it’s visible that this supply zone sits between $63,100 and $73,200. Following the rally back above $72,000, BTC has climbed toward the end of this range, but hasn’t yet exited it. Generally, investors who are in loss tend to react to a retest of their cost basis by selling, as they may fear going back underwater. Profitable hands, on the other hand, may accumulate more at their cost basis to defend it. Referring to the cluster between $63,100 and $73,200, the analyst noted: This is where millions of holders “voted” on the price. As long as we trade within this range, these investors are psychologically incentivized to defend their buy-in. Beyond the range, supply is relatively thin on the URPD until $82,000. While this means that Bitcoin won’t find much support at those levels, it also implies that resistance from investors exiting at their cost basis could also be relatively low. Though, it only remains to be seen how price action will unfold in the coming days and whether the cryptocurrency will venture past the range. Related Reading: Zcash Breaks Out With 34% Surge—Is $440 The Next Target? In another X post, Martinez also talked about the URPD for Ethereum, the digital asset second largest by market cap. As is visible in the below chart, ETH has major clusters at $2,079 and $1,882. After the latest price recovery, Ethereum is floating above both of these levels. “If the price drops below these levels, millions of holders at $1,584, $1,238, and $1,089 will likely defend their original “buy-in” price, creating a new floor,” explained the analyst. BTC Price Bitcoin has seen its recovery stall since Tuesday as its price is still trading around $72,400. Featured image from Dall-E, chart from TradingView.com
Stranded in space for 286 days, Wilmore's mission highlights the critical importance of leadership and preparation.
The post Butch Wilmore: Effective leadership requires recognizing limitations, the complexity of space shuttle launches demands precision, and space suits cost millions due to advanced technology | Shawn Ryan Show appeared first on Crypto Briefing.
Rising private credit markets and lack of regulation spark concerns over financial stability and market transparency.
The post Beimnet Abebe: Verifying information in the AI era is increasingly challenging, inflation fears are driving bond market sell-offs, and the rise of private credit markets raises regulatory concerns | Galaxy Brains appeared first on Crypto Briefing.