Hut 8 is trying to position itself less as a miner and more as an energy infrastructure player, with power allocation driving returns.
BTC price fell below $70,000 on macro tensions as analyst considered a possible bullish "regime shift" already starting to play out for Bitcoin.
The CFTC launched a new task force focused on cryptocurrencies, artificial intelligence, and the rapidly emerging area of prediction markets.
Ethereum is attempting to reclaim the $2,200 level as market participants react to recent moves by US President Donald Trump in the Middle East, developments that have introduced renewed volatility across global risk assets. The reaction reflects a broader sensitivity to geopolitical uncertainty, with crypto markets showing mixed signals as traders reassess risk exposure. Related Reading: Bitmine Locks 68% of Ethereum Holdings As Staking Position Surpasses $6.75B Despite the attempted recovery, the underlying data suggest that demand remains uneven. According to CryptoQuant analyst Arab Chain, the Coinbase Premium Index for Ethereum has registered a reading of approximately -0.0149, a clearly negative value. This indicates that ETH is trading at a higher price on Binance compared to Coinbase, pointing to relatively weaker demand from US-based investors. This divergence is significant. Coinbase is often used as a proxy for institutional and US market activity, while Binance reflects broader global participation. A negative premium suggests that buying pressure is currently stronger outside the US, while domestic demand remains subdued. In this context, Ethereum’s attempt to reclaim $2,200 faces structural headwinds. While global liquidity appears active, the lack of strong US participation raises questions about the sustainability of the current move, particularly in a market still influenced by macro and geopolitical uncertainty. Coinbase Premium Signals Weak US Support for Ethereum Arab Chain further explains that the shift of the Coinbase Premium Index into negative territory typically reflects either rising selling pressure or a decline in buying appetite among US investors. In contrast, liquidity on Binance appears more active, suggesting that global participants are currently driving price action while US demand lags behind. Although Ethereum has attempted a rebound following recent declines, the persistence of the index at around -0.0149 indicates that this move lacks strong support from Coinbase. In practical terms, the recovery is not being confirmed by US-based flows, which are often associated with institutional activity and deeper liquidity. The index’s position below zero serves as a cautionary signal, particularly while the divergence between Binance and Coinbase persists. Sustained negative readings reveal an imbalanced market structure where selective participation drives rallies instead of broad-based demand. However, this signal is dynamic. If the index begins to recover toward zero or turns positive, it would suggest a return of US buying pressure, restoring balance between platforms. Such a shift would likely reinforce upward momentum and provide stronger confirmation for a sustained Ethereum recovery. Related Reading: Ethereum Whales Return to Profitability as Historical Bottom Signal Reappears Ethereum Faces Resistance as Recovery Attempts Stall Below Key Averages Ethereum is currently trading around the $2,150–$2,200 range, attempting to stabilize after a sharp breakdown that occurred in early February. The chart shows a clear shift in structure, with ETH losing its previous higher-low formation and entering a sustained downtrend characterized by lower highs and persistent selling pressure. The recent bounce from sub-$1,900 levels reflects short-term demand, but price action remains constrained below key moving averages. ETH is still trading under the 50-day and 100-day moving averages, both of which are sloping downward, signaling that momentum remains bearish in the medium term. More importantly, the 200-day moving average sits significantly higher, reinforcing the broader trend weakness and acting as a distant resistance level. Related Reading: Binance Leads XRP Whale Exodus As 530M Tokens Exit In Single-Day Surge Volume dynamics also support this view. The largest spike in activity occurred during the February selloff, suggesting capitulation rather than accumulation. Since then, recovery attempts have been accompanied by relatively lower volume, indicating a lack of strong conviction from buyers. Structurally, Ethereum appears to be consolidating within a narrow range after the decline. Unless ETH can reclaim the $2,300–$2,400 region and break above key moving averages, the current price action is more consistent with a bearish continuation or range-bound consolidation rather than the start of a sustained recovery. Featured image from ChatGPT, chart from TradingView.com
Silo V3, unveiled Tuesday, adds a protocol-level insolvency protection mechanism to reduce the dependency on DEX liquidity.
Crypto continues to show resilience with bitcoin (BTC) steadily trading around $70-$71k after briefly dropping below the $70k mark over the weekend, outperforming prior Middle East‑driven sell‑offs where thin liquidity exaggerated downside. Related Reading: Bitcoin PMI Cycle Is The Only Signal That Matters, Analyst Explains Why New QCP’s Market Colour argues that Trump’s failed push for Iran to reopen the Strait over the weekend set the scene for bitcoin’s start of the week. At first, risk assets slipped as traders braced for a spike in geopolitical danger, factoring in possible attacks on Iranian power facilities if the choke-point stayed shut. Once the deadline expired and Trump revealed that any strikes were being delayed due to “productive conversations”, the nerves calmed down a bit and crypto stabilized along with the rest of the risk complex. An Era Shift For Bitcoin? The kind of resilience BTC is showing may partly stem from reduced leverage in the market, but it could also hint at the very early beginnings of a new phase for BTC, where it no longer behaves like a straightforward peer to traditional risk assets. The QCP report also suggests that bitcoin could increasingly function as a “neutral escape valve”, amidst US national debt passing $39 trillion, all the stagflation chatter and a classic policy trap for central banks (can’t ease aggressively or inflation would run rampant, can’t tighten without the risk of a recession). Let’s not forget the core facts that could make bitcoin a neutral escape valve: BTC has a fixed supply cap of 21 million coins, while fiat can expand indefinitely as governments issue more debt and central banks monetize deficits. As US and global debt piles up, fiat increasingly depends on inflation, financial repression, or higher taxes to stay sustainable. However, BTC’s rules do not change with policy decisions. This is the basis on which investors see bitcoin as a neutral, permissionless asset that offers a way out of mounting fiat debt risk and potential currency debasement. Related Reading: Bitcoin Price Will Not See A Proper Surge Until This Happens; Analyst Geopolitical Unrest Drags On Adding to all of this is the “yuan‑for‑passage” concept floated by Iran, which would effectively settle Hormuz access in Chinese yuan rather than USD, framing an incremental, still‑hypothetical step in de‑dollarization. Right now, the dollar is still firm and the US bond market continues to function, but repeated war scares and sanction risk keep re‑opening the conversation around neutral, permissionless settlement rails like bitcoin. With past QCP notes arguing that BTC is no longer a straightforward high‑beta play but also not yet a full safe haven, the asset now lives in the in‑between. As the war drags on and US debt climbs, each new shock becomes a live test of whether BTC behaves more like a growth stock, a commodity hedge, or something structurally new in portfolios. At the moment of writing, BTC's price sits just below the $70ks. Source: BTCUSD on Tradingview Cover image from Perplexity, BTCUSD chart from Tradingview
TD Cowen said policy risk remains high for prediction markets, flagging the 2028 election as the "real threat" as bipartisan concerns grow.
A resurgence in institutional demand and spot ETF inflow return could put Ethereum price in a better position to overcome the next hurdle at $2,200.
The company struck the financing deal with New York-based The Lind Partners, an institutional fund manager.
A fresh take on XRP has come from Andy Schectman, CEO of Miles Franklin Precious Metals, who, in a recent interview shared by InvestWithD, revealed he owns a small amount of the asset, calling it an “intriguing idea” with upside. His stance is important given his strong roots in gold, especially after last week’s sharp …
Bitcoin is trading around $69,900, down roughly 2.3% in the last 24 hours. The broader crypto market has dropped in tandem, shedding 1.71% of its total value. If you are wondering what is behind the move, the answer lies less in crypto itself and more in what is happening in the world right now. The …
Pi Network has crossed a milestone that its most loyal users have been waiting years for. The project has officially launched its second migration wave, allowing Pioneers to move additional Pi tokens onto the Mainnet and participate more fully in the ecosystem. What the Second Migration Actually Means The announcement marks a big step forward …
Fira debuted its fixed-rate DeFi lending protocol with $450 million in pre-launch deposits, seeking to make long-term decentralized lending rates more predictable.
Institutional adoption of tokenized assets is gaining speed as Invesco, a U.S.-based asset management company with AUM of $2.2 trillion, moves to take over a $900 million on-chain U.S. Treasury fund. The move highlights growing institutional demand for tokenized real-world assets, as large asset managers compete to bring traditional money market products onto blockchain rails. …
P2P platform NoOnes annоunced the implementation of an AI-powered system to identify potentially fraudulent transactions before a deal is completed. The solution is integrated directly into the escrow mechanism — a tool that holds funds until the terms of the transaction are met. The company clarified that the new model analyzes user behaviour in real …
A new chart from Jameson Lopp has reopened one of Bitcoin's oldest internal debates: whether visible node counts reflect real support for a rule change. The immediate flashpoint is BIP-110, a draft proposal that would temporarily impose much tighter consensus-level limits on non-monetary data, following Bitcoin Core 30's loosening of the default OP_RETURN policy. Lopp […]
The post Power struggle hits Bitcoin network over anti-spam proposal with claims of ‘faked’ node support appeared first on CryptoSlate.
Bitcoin continued its upward momentum above $71,000 on Tuesday as investors continued to weigh the market impact of President Donald Trump’s decision to pause planned US attacks on Iranian power and energy infrastructure for five days. Data from CryptoSlate showed that the top cryptocurrency was trading at around $71,185 as of press time, rising 4% […]
The post Bitcoin eyes bullish move to $75,000 where the real fight for recovery is decided beyond Iran pause appeared first on CryptoSlate.
TAO price just did what it’s been teasing for weeks finally pushing past that stubborn $300 level. And no, this isn’t one of those random, low-volume wicks. There’s actual fuel behind this move, even if the hype machine is running a little too hot for comfort. Because let’s be honest, when crypto starts throwing around …
Tether's audit could set a new standard for transparency in digital finance, potentially influencing regulatory practices and market trust.
The post Tether taps Big Four firm for first full financial audit to boost transparency appeared first on Crypto Briefing.
Resolv’s USR dollar stablecoin is trading at just $0.24 after an attacker minted 80 million unbacked tokens, forcing a full protocol pause and reopening fears over stablecoin risk.
Bernstein said Strategy could see 226% upside if bitcoin has bottomed, with STRC central to its capital model.
Kalshi is facing off with state regulators around the US, who claim that prediction markets are a form of gambling and recognize that they are a significant source of potential revenue.
Prediction market platform Kalshi has partnered with fintech firm FIS to launch new clearing infrastructure for institutional users. The system will offer real-time processing and handle large trade volumes, letting FIS clients access prediction markets through their existing platforms. Kalshi said it saw about $10.4 billion in trading volume last month. The company was recently …
Bernstein analyst Gautam Chhugani believes Bitcoin’s recent low near $71,000 may mark a cycle bottom after the price dropped about 50% from its October 2025 peak. The firm highlights steady ETF inflows, rising institutional demand, and easing macro pressures as reasons for confidence and maintains a $150,000 year‑end target for 2026. Bernstein also notes Strategy’s …
Elon Musk announced that Tesla and SpaceX will jointly build an advanced chip plant in Austin, Texas. Called “Terafab,” it will include two units, one for Tesla’s AI systems and another for SpaceX’s space-based data centers. Musk said the goal is to produce one terawatt of computing power each year, about double the current US …
Tether has hired a Big Four accounting firm for its first full USDT stablecoin audit after years of scrutiny over its reserves.
Bitcoin’s price action is looking uncertain on the surface, but one crypto analyst believes the real story is playing out far from the charts that most traders are watching. According to crypto analyst Crypto Tice, all of that Bitcoin price noise obscures a single, quietly reliable signal that has accurately traced out every major Bitcoin cycle in history: the Purchasing Managers’ Index. In a post on X, Tice noted that the PMI cycle is the only one that matters, and right now, it is flashing. The PMI Cycle Has Defined Every Bitcoin Bottom The PMI is a monthly economic indicator that tracks business activity across manufacturing and services sectors. On the surface, this may seem disconnected from the crypto market. However, the analyst’s outlook on the PMI is grounded in historical repetition: Bitcoin tends to form its most important lows when PMI is contracting, not when optimism is high. Related Reading: Breaking Down The $100 XRP Prophecy: Is There A Timeline? During these contraction phases, liquidity quietly grows in the background. The crypto market appears weak, sentiment turns negative, and price action stalls or drifts lower. But this is the exact period where long-term accumulation has always taken place for Bitcoin. As shown in the chart below, each major Bitcoin cycle shows green zones forming during periods of PMI contraction, followed by strong upward expansions once conditions change. These conditions are based on previous market bottoms, with examples being the accumulation ranges before the 2017 and 2021 rallies. Green-shaded zones labeled “scale out” periods consistently correspond with peak price phases across multiple cycles in 2013, 2017, and 2021. Red-shaded “scale in” zones, by contrast, highlight the accumulation floors. Bitcoin Price Chart. Source: @CryptoTice_ On X What The PMI Indicator Is Saying Now At the time of writing, the Purchasing Managers’ Index is sitting at a reading just above 48, which is bordering below the expansion signal reading of 50. What this means is that Bitcoin is currently sitting in the early phase of the PMI, which is the same structural zone that preceded each of the major rallies catalogued in the chart above. Related Reading: 4 Bitcoin Targets To Be On The Lookout For As Price Retests S/R Zone The indicator on the chart is positioned in a red accumulation zone and is expected to resolve to the upside over the coming months. According to the analyst, Bitcoin is currently in the exact same zone that marked every major buy window in history. However, this current accumulation zone won’t be available much longer. Bitcoin is currently trading at $71,070 with a 3.8% increase in the past 24 hours. It has spent quite a bit of time trading around $70,000, which is giving more credit to the idea that it has already bottomed. Notably, some analysts have begun pointing to this possibility. However, Bitcoin is still dealing with investor fear sentiment. Bitcoin sentiment is now back in fear, just days after showing signs of recovery. Featured image created with Dall.E, chart from Tradingview.com
Ripple (XRP), down 1.3% since Monday, was also among the underperformers.
The audit aims to address long-standing questions over USDT reserves and push new disclosure standards.
Implied volatility indicators DVOL and BVIV suggest peak fear has passed, with crypto leading traditional markets in pricing risk.