Some crypto advocates argue the decision could open the door to payment-focused financial institutions that operate without traditional deposit-lending models.
Warsh's potential Fed leadership could shift US monetary policy towards embracing blockchain innovation and regulated crypto integration.
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Bitcoin (BTC) has climbed back above the $73,000 level for the first time since early February, marking a notable recovery for the cryptocurrency. As momentum builds, some analysts believe the move could extend further if current trends remain intact. Among them is market analyst Ali Martinez, who shared his outlook in a recent post on X. According to Martinez, Bitcoin may be positioning itself for what he describes as a potential relief rally. ETF Accumulation And Thin On-Chain Resistance From an on-chain standpoint, Martinez highlighted the role of spot Bitcoin exchange-traded funds (ETFs), which continue to absorb supply at a steady pace. He noted that ETFs purchased approximately $776 million worth of BTC last week alone. The pace has not slowed this week. Since the week began on March 2, ETF inflows have already reached around $789 million — and the week is still ongoing. That scale of accumulation points to sustained institutional demand, which can provide meaningful support during breakout attempts. Related Reading: MARA Revises Bitcoin Treasury Strategy, Opens Door To Selling $3.5 Billion In BTC Beyond capital flows, Martinez also pointed to blockchain data that suggests limited resistance immediately above current price levels. Using the URPD (UTXO Realized Price Distribution), he observed that a major resistance cluster previously sat near $70,685. With Bitcoin now above the key price zone of $72,000, the supply concentration between this area and $81,000 appears comparatively thin. According to CoinGecko data, the BTC price has surged 7% to $73,200 at the time of writing. In practical terms, this means there are fewer historically established sell levels within that range. If buying pressure continues to build, Martinez believes that the Bitcoin price could move more freely through this “low supply” area. Bitcoin Rally Could Extend Toward $84,000 The next significant concentrations of supply, according to Martinez, are positioned around $83,307 and $84,569. Those levels may serve as stronger resistance should Bitcoin’s rally extend into that territory. Related Reading: CFTC Chair Says Crypto Perps Approval Is Close — Why This Is Huge For Hyperliquid? Martinez concluded that a confirmed breakout above current levels, supported by persistent ETF inflows, lighter on-chain resistance, and strengthening technical structure, could create the conditions for a short-term expansion higher. Featured image from OpenArt, chart from TradingView.com
Sui launches USDsui stablecoin issued by Stripe, expanding payments and DeFi infrastructure across the Sui ecosystem.
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Trump's direct involvement is required, but it is hard to see that occurring while the U.S. is in armed conflict with Iran, TD said.
The core developer behind Sui designed the network to outperform other blockchains in terms of speed and scalability.
Davide Crapis, the foundation's AI lead, sees the network acting as a coordination and verification layer in an increasingly AI-mediated world.
This partnership highlights the growing integration of traditional finance with blockchain, potentially transforming global remittance efficiency.
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Backpack plans to offer IPO share allocations onchain via Solana through a partnership with Superstate, giving users early IPO access.
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Kraken became the first crypto bank to receive a Fed master account on Wednesday. The banking industry is not pleased.
Kevin de Patoul argues that 2026 won't be a washout for digital assets, but instead a structural reset as traditional finance quietly moves onchain.
CoinDesk was able to confirm the meeting between the US president and the Coinbase CEO took place as Politico initially reported.
A crypto analyst has pinpointed critical price levels from past cycles on the Bitcoin chart that could determine the cryptocurrency’s next moves in this cycle. He has highlighted Bitcoin’s former all-time high target of $65,000 and a distinct 200-week Simple Moving Average (SMA) at $58,000 as key levels to watch. Bitcoin’s 200W SMA Highlighted As Key Watch Zone Crypto analyst VirtualBacon has taken to X to share new technical chart analysis, outlining two critical Bitcoin price levels he believes investors and traders should watch as the cryptocurrency continues its downward slide. Elaborating further in a video, VirtualBacon pointed to $65,000 and $58,000 as the zones worth paying attention to for anyone seeking a good buy opportunity in the current market environment. Related Reading: Elliot Wave Theory Says Bitcoin Price Is Headed To $40,000, But The End Game Will Shock You VirtualBacon highlighted $58,000 as his most closely watched level, where the 200W SMA currently resides. The analyst described this indicator as one of the most consistently reliable buying zones in Bitcoin’s history, citing a track record spanning multiple market cycles. He noted that during the 2015 bear market, Bitcoin’s price touched the 200W SMA four times without ever closing below it on a weekly candle. In 2018, the 200W SMA marked the absolute bottom of that cycle’s sell-off. The COVID-19 crash of 2020 also found support precisely at this same level. The one exception came in June 2022, when the price briefly wicked below the average before consolidating, then declined further by 25% following the collapse of FTX later that year. VirtualBacon acknowledged the 2022 breakdown but emphasized that the 200W SMA near $58,000 remains a highly significant level, given how consistently it has served as a floor throughout Bitcoin’s history. In his view, the $58,000 level represents an area where long-term investors have historically stepped in, often accumulating at the bottom ahead of a strong price rally. Analyst Marks Former Bitcoin ATH As Buying Opportunity In his analysis, VirtualBacon identified $65,000 as the first level to watch, which corresponds to Bitcoin’s previous all-time high from the 2021 bull cycle. The analyst noted that Bitcoin has already reached this area in the current cycle, arguing that, historically, former ATHs often become meaningful support when price revisits them. For investors who agree with this thesis, the analyst has suggested considering $65,000 as a potentially reasonable entry point into the market. Related Reading: Bitcoin Fear Has Been This Low Only 2 Times In History, Here’s What Follows Each Time Notably, VirtualBacon’s Bitcoin analysis comes at a time when sentiment across the crypto market remains fragile, with retail investors unsure whether the decline in the BTC price signals a strategic buying opportunity or the beginning of a deeper pullback. Bitcoin’s prolonged sideways trading has also done little to restore confidence, instead fueling fear among market participants. Earlier this week, the cryptocurrency briefly fell below $64,000 after reports emerged about the US and Israel airstrikes on Iran. The cryptocurrency has since rebounded above $70,000, marking a 24-hour increase of more than 8%. Featured image from Pixabay, chart from Tradingview.com
The cryptocurrency market staged a strong rally today, with Bitcoin climbing past $73,000 and lifting the broader market alongside it. The sudden surge pushed the total crypto market capitalization to roughly $2.47 trillion, marking one of the strongest intraday moves in recent weeks. Bitcoin led the advance, trading near $72,700–$73,000 after gaining more than 5.5% …
Despite global tensions, Bitcoin's resilience hints at a strong long-term future for crypto investments.
The post Rob Hadick: Crypto markets show resilience amid global downturns, geopolitical tensions raise stagflation risks, and confusion over monetary policy reaches new heights | Unchained appeared first on Crypto Briefing.
Bitcoin rose above $70,000 today for the first time since early February, extending a rebound that is starting to look less like a brief relief rally and more like a market trying to reverse momentum after months of heavy selling. CryptoSlate data showed Bitcoin gaining over 7% on the day, lifting the flagship digital asset […]
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In the opening primaries of the midterm congressional contests, Fairshake is celebrating victories of several pro-crypto candidates backed by the super PAC.
Kraken's Fed access could catalyze a seamless integration of digital assets into traditional banking, reshaping the financial services landscape.
The post Senator Lummis says Kraken’s master account opens door for Bitcoin adoption in banks appeared first on Crypto Briefing.
Fresh allocations to spot bitcoin ETFs suggest investors are growing more comfortable despite the asset still being down 16% this year.
In this week’s Crypto Long & Short Newsletter, Martin Gaspar on how bitcoin looks to overcome quantum fears, echoing past climate backlash.
Also: OKX and AI agents, Future AI users of blockchain and Bitcoin’s latest governance clash.
Bitcoin has broken above $73,000 after weeks of consolidation, but traders remain divided over whether the move marks a genuine breakout or another trap for late buyers.
Morgan Stanley's updated S-1 filing named Coinbase and BNY as custodians for its proposed bitcoin exchange-traded product.
Bitcoin surged above $73K amid USIran tensions, lifting crypto markets and related stocks as investors pivot back to digital assets.
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The crypto market is showing renewed strength after Bitcoin broke above its recent consolidation range. The move has lifted overall market sentiment, with Ethereum reclaiming the crucial $2,000 level and supporting momentum across the altcoin market. Avalanche is among the tokens benefiting from this shift in sentiment. The AVAX price has recently broken out of …
The prediction market platform took action against Artem Kaptur, who allegedly abused inside knowledge about the YouTube creator’s videos.
Strategy raised STRC’s monthly dividend to 11.5%, part of a mechanism designed to keep the preferred shares trading near their $100 par value.
When airstrikes hit Iran on Feb. 28, crypto outflows from Nobitex spiked 873%, suggesting a "digital bank run" was ongoing. The reality may be more complex.
Users will be able to purchase official IPO shares with “real, direct ownership on Solana," through a partnership with Superstate.
Digital Ascension Group CEO Jake Claver is still arguing that XRP could reach both three-digit and four-digit price territory before 2030, even if the US Digital Asset Market Clarity Act is not yet in place. In his latest YouTube comments, Claver framed that outcome not as a simple market cycle call, but as a function of utility, liquidity, and a potential supply shock tied to institutional adoption. Could the Clarity Act Be The Trigger For $1,000 XRP? His central point is that XRP would need to reach a much higher price before it could be used at the scale he envisions for back-end settlement across tokenized markets. “I really think three and four digits are both possible prior to the Clarity Act,” Claver said. “I think that three digits is much more likely prior to the Clarity Act and four digits could absolutely come after the Clarity Act. And the reason for that is it really can’t start being used for back-end settlement till it’s at least three digits at scale.” That logic sits at the heart of his thesis. Claver is not describing price appreciation as a side effect of utility arriving later. He is arguing the reverse: that XRP must first reach what he called a kind of critical mass in price and liquidity before large-scale settlement usage can begin. In his telling, a low-priced asset would not have the bandwidth required to handle settlement flows tied to markets such as equities, foreign exchange, commodities, or tokenized real-world assets. Related Reading: Pundit Explains How XRP Becomes A Global Reserve Asset He also argued that XRP is positioned unusually well for that transition. Claver said banks can already hold crypto to settle transactions, citing what he described as authority from the OCC, and added that XRP is “already a commodity” in the US in his view. He pointed to XRP’s listing on Bitnomial against USD and its treatment there alongside Bitcoin and Ether as part of that reasoning. From there, the argument becomes more aggressive. Claver said a crisis moment could trigger the kind of supply shock needed to force XRP materially higher. “I think it’s in a unique position to be used in a crisis moment and we’ll have a supply shock that pushes it to at least three digits,” he said. “But four digits could happen before the Clarity Act, but I think I don’t have a certainty on that. It could be that four digits does not happen until after the Clarity Act is passed.” In a separate video, Claver addressed whether XRP could still appreciate meaningfully by 2030 even if his broader “domino theory” for adoption never fully plays out. His answer was yes, but with limits. Without simultaneous demand from exchanges, institutions, markets, and potentially retail, he said the “big exponential move” would be hard to achieve, even if ETFs continue to consume available supply in OTC venues and dark pools. Related Reading: US-Iran War Sparks Crypto Fear, But XRP Stands Out He rejected the idea of a fixed repricing or peg, arguing that XRP would need a dynamic price that can keep rising as network volume expands. “It needs to be dynamic and fluid,” Claver said. “If it is fixed or stagnant like it would be if it was pegged, it doesn’t provide the same bandwidth over the long term.” He tied that to a much broader forecast, saying he believes 80% of global value will be tokenized by the end of 2030 and that XRP will settle that back-end activity. To illustrate the “critical mass” concept, Claver compared XRP to ETF adoption thresholds. He said an ETF may need to reach $100 million before certain institutions can participate meaningfully, because of position limits and minimum allocation sizes. XRP, he argued, faces a similar hurdle: without enough liquidity first, meaningful institutional use does not begin; without that use, the extreme price targets many holders discuss do not materialize. The result is a thesis that rises or falls on one key assumption: that markets will need XRP to be expensive before they can use it at scale. If that demand shock arrives, Claver sees room for a rapid repricing. If it does not, he suggested, the four-digit scenario remains out of reach. At press time, XRP traded at $1.4067. Featured image created with DALL.E, chart from TradingView.com