BitMine Immersion Technologies (BMNR), the largest corporate holder of Ethereum (ETH) worldwide, announced on Monday that it had made a significant new purchase of nearly 61,000 ETH. BitMine Holds 3.7% Of Total Ethereum Supply BitMine’s latest transaction, comprising 60,976 Ethereum tokens, marks the company’s largest weekly acquisition in terms of tokens so far in 2026. Following this acquisition, BitMine’s total ETH holdings have risen to 4.5 million tokens. Notably, BitMine now holds around 3.76% of the total Ethereum supply, positioning itself over 75% of the way toward its ambitious target dubbed the “Alchemy of 5%” within just eight months. Related Reading: Why A U.S. Court Says Binance Is Not (Yet) Liable for Terrorist Crypto Flows In addition to its cryptocurrency holdings, BitMine disclosed that it has 3,040,483 ETH staked, which is valued at approximately $6 billion based on an ETH price of $1,965 at the time of the company’s disclosure. The firm’s total assets, including cash and other cryptocurrencies, have reached $10.3 billion, comprising 4.535 million ETH tokens, $1.2 billion in cash holdings, and various other crypto assets. As Ethereum prices stabilize above the crucial $2,000 support level, CEO Tom Lee highlighted the resilience of ETH amidst rising geopolitical tensions and increasing oil prices. Final Stages Of ‘Mini-Crypto Winter’ Lee commented on the current market conditions, expressing confidence that crypto prices are entering the final stages of what he referred to as a “mini-crypto winter.” Ethereum prices showed resilience this week, in the face of rising war concerns and surging oil prices. We continue to believe that crypto prices are in the late/final stages of the ‘mini-crypto winter. Lee also noted that ETH price movements are tracking trends observed in the S&P 500 during the falls of 2011 and 1987. According to analyses from BitMine’s advisor, Tom DeMark of DeMark Analytics, these historical connections show correlations of up to 89% and 93% with the S&P 500’s behavior during those periods. The analyst also predicts that Ethereum prices are likely to reach their lowest point between 8 and 14 March, potentially dipping just below the recent low of $1,740. This could equate to a decline of around 14% from current trading prices. Related Reading: Expert Trader Shows ‘Simple Math’ To Calculate The Bitcoin Price Bottom Lee also added that BitMine’s strategy involves slightly increasing the pace of its ETH accumulation, enhancing its recent buying activity from an average of 45,000 to 50,000 ETH per week to the latest purchase of 60,976 ETH. On Monday, Ethereum experienced a 4% gain, allowing the token to reclaim the $2,000 mark after a brief dip below that key level over the weekend. Concurrently, BitMine’s stock, BMNR, also showed positive movement, trading at $20.70 per share at the time of writing, marking a significant 10% rally for the company. Featured image from OpenArt, chart from TradingView.com
US Bitcoin ETFs added $167 million in inflows on Monday, while Ether, XRP and Solana funds saw three-day outflows despite a crypto market rebound.
A consortium of 12 banks, led by SMBC, MUFG, Crédit Agricole CIB and Société Générale, arranged the record financing for AirTrunk’s Tokyo data center expansion.
While some market observers remain optimistic about Dogecoin (DOGE)’s long-term prospects, an analyst has identified a bearish continuation pattern in the short-term chart that could lead to another major correction for the memecoin. Related Reading: Why A U.S. Court Says Binance Is Not (Yet) Liable for Terrorist Crypto Flows Dogecoin Bottom May Be Lower On Monday, Dogecoin bounced 3% from Sunday’s lows and reclaimed the $0.091 level, which had been lost over the weekend due to recent market volatility triggered by the Middle East conflict. The cryptocurrency has traded between $0.086-$0.100 over the past two weeks, reaching an intraweek high of $0.104 last Wednesday before erasing the bounce and plunging to its local lows alongside the rest of the market. During this performance, market observer Ali Martinez noted that the cryptocurrency has been consolidating in a descending triangle since the mid-January correction, signaling that a potential bearish trend continuation could be around the corner. DOGE established a floor around the $0.088 level, the chart shows, representing a nearly 37% decline from the pattern’s top. Meanwhile, the descending trendline resistance is currently around $0.097. According to the analyst, the memecoin is setting up for a 37% move to the downside, targeting the $0.060 area if the price falls below the pattern’s base and loses its support role. The analyst had previously cautioned that Dogecoin could identify its next significant support level around this level if selling pressure persists. Notably, the $0.060 level served as a macro resistance and support level, marking the bear market bottom in 2022 and a pivotal bounce level during the market recovery in late 2023. Analysts Optimistic About DOGE’s Macro Chart Despite weak performance and bearish price forecasts, other market observers expressed a more optimistic outlook for Dogecoin in the mid- and long-term. Analyst Trader Tardigrade advised investors to zoom out on DOGE’s chart, suggesting that the memecoin’s broader perspective appears “insanely bullish.” In an X post, the analyst highlighted a massive bullish pennant on Dogecoin’s monthly chart, signaling a major breakout is likely. According to the chart, the pattern has been forming since the 2021 breakout, and the cryptocurrency has retested and held the lower boundary as support twice over the past five years, leading to a major rebound after each retest. Now, Dogecoin has retested this level a third time, managing a monthly close about the lower boundary in February. This has set up a potential price recovery rally if history repeats. “When this breaks to the upside, expect a massive surge. The setup is ready.” Meanwhile, analyst Bitcoinsensus suggested that the memecoin could be preparing for a massive rally based on its performance throughout this market phase. As he detailed, DOGE’s price action has been unfolding in “mini cycles” since the 2022 bottom, leading to higher rallies each time. Related Reading: WAR Token Explodes 100%, Then Crashes 20% In Sudden Sell-Off The structure has consisted of accumulation, markup, and pullback phases, resulting in 190% and 480% rallies in early and late 2024, respectively. Now, as Dogecoin continues to accumulate for the third time, it could see a breakout toward the $0.75 area in the coming months if it breaks out of its one-year downtrend line and the “mini cycles” pattern repeats. Featured Image from Unsplash.com, Chart from TradingView.com
Markus Infanger, SVP RippleX, says the XRP Ledger is gradually developing into infrastructure for institutional decentralized finance, with XRP positioned at the center of liquidity and settlement. Infanger discussed the idea in a Podcast shared by BankXRP on X, describing XRP as a connecting layer within blockchain-based financial systems. “I see XRP as the glue …
Trading has been driven largely by tokenized futures on equities and commodities such as oil, gold and silver.
Robert Kiyosaki, author of Rich Dad’s Prophecy, is warning that the stock market could face its largest crash in history in 2026. He argues that the root causes of the 2008 financial crisis remain unresolved and highlights BlackRock’s private credit exposure as a key risk. With global debt levels soaring, many retirees, especially baby boomers, …
The largest public ether holder sent two transfers totaling $19.5 million to Coinbase Prime hot wallets on Tuesday, though the moves don't necessarily signal selling.
U.S. spot Bitcoin ETFs saw strong net inflows of $167.1 million on March 9, reversing a recent short-standing outflow trend and signaling renewed institutional interest in Bitcoin. BlackRock’s IBIT led with $109.3 million, while Fidelity’s FBTC added $60.1 million. Smaller funds such as Bitwise’s BITB and ARK’s ARKB experienced minor outflows, but the overall picture …
Arthur Hayes is making a high-conviction bet on Hyperliquid, arguing in a new essay that HYPE could climb to $150 by August 2026 even if the broader crypto backdrop stays weak. His case rests on a familiar exchange-token playbook, but updated for a market where decentralized perps, not centralized venues, are increasingly capturing the most valuable trading flow. Why Hayes Thinks Hyperliquid Can Reach $150 Hayes frames Hyperliquid as the standout asset in a sluggish or sideways market because exchanges can keep generating fees regardless of whether prices are rising. In his telling, that matters even more for Hyperliquid because 97% of protocol revenue is used to buy back HYPE from the market. “Hyperliquid, the dominant perp DEX, is the largest revenue-generating project that isn’t a stablecoin,” he wrote. “No other project in all of crypto hands as much money back to token holders as Hyperliquid.” His target implies roughly a 5x move from about $30 at the time of writing. To get there, Hayes says Hyperliquid would need to lift 30-day annualized revenue to $1.4 billion, a level he says the platform previously reached in August last year. His model also assumes the market will rerate the token from around 12 times earnings to roughly 25.2 times, still below or near the range he cites for major traditional exchange names. Related Reading: Apollo Crypto Explains Why Hyperliquid Is Its Top Altcoin Holding A large part of the thesis is that Hyperliquid does not need an overall expansion in crypto derivatives activity to grow. It only needs to keep taking share from centralized exchanges. Hayes argues that a 3.97 percentage-point increase in market share would be enough for Hyperliquid to return to that $1.4 billion annualized revenue run rate. The engine for that next leg, in his view, is HIP-3, Hyperliquid’s permissionless perpetuals listing framework. Users who stake 500,000 HYPE can launch markets using the platform’s matching and margin engine, and Hayes points to early traction in silver, gold, the Nasdaq 100 and the S&P 500. “In only four months, HIP-3 volumes account for close to 10% of total Hyperliquid revenues,” he wrote. “Permissionless listings were always the holy grail of DEXs, and the rapid growth in trading volumes proves this is how Hyperliquid will differentiate itself from the pack.” That is why his model assumes HIP-3 revenue rises 160% over six months. He also flags HIP-4, which he says should enable permissionless prediction markets, as a possible upside kicker not included in the base case. Competition is the main objection Hayes tries to neutralize. He argues that headline volumes across perp DEXs can be distorted by wash trading, points farming and other incentives, making raw volume a poor measure of real usage. Related Reading: Next “Binance Killer”? Hyperliquid Now Dominates DeFi Derivatives, New Report Shows His preferred metric is ADV-to-OI, or average daily volume relative to open interest, because open interest requires real capital to be posted. On that basis, he says Hyperliquid has the most “real” volume among the top five perp DEXs. He also says order-book snapshots for Bitcoin perps showed Hyperliquid was usually the cheapest place to execute size once slippage was included. Hayes also spend time on token supply overhang, another issue that had made him tactically bearish late last year. He notes that the team distributed close to 20% of awarded tokens in November and December, but only about 1% in January and February. “With that out of the way, the team drastically reduced distributions in order to help HYPE rebound,” he wrote, while acknowledging that this part is speculative. Even his stress case stays constructive. Hayes says that if the market only pays a 12x earnings multiple and the team receives 9.91 million HYPE per month, but revenue still recovers to $1.4 billion annualized, the token would still be worth about $58, or roughly 75% above current levels. At press time, HYPE traded at $33.237. Featured image created with DALL.E, chart from TradingView.com
Tron has joined the Linux Foundation’s Agentic AI Foundation to collaborate on building open infrastructure for agentic AI, joining Circle and JPMorgan.
The cryptocurrency market moved higher today, with total market value climbing about 2.7% to roughly $2.38 trillion. Flagship cryptocurrency Bitcoin is up around 3%, trading above $70K. While other major cryptos such as Ethereum, XRP, Solana, BNB, and Hyperliquid have also climbed between 3% and 11%So, what is the reason why the crypto market is …
The crypto market today is witnessing renewed buying momentum as Bitcoin reclaimed the $70,000 level, marking one of its strongest daily recoveries this week. Today’s crypto market rally comes as global macro conditions show early signs of easing. Brent crude, which had recently surged on geopolitical tensions, has now fallen below the $85 mark, cooling …
Pudgy World went live with 12 towns, plot-based quests, and mini-games in what the team calls "one of the most technically advanced browser-based games ever created." The PENGU token jumped 9% on the news.
The potential lawsuit adds to existing tension between traditional lenders and crypto firms over access to the U.S. financial system.
Several market participants, including MSTR and OTC traders, kept demand steady, helping BTC stay resilient.
An address connected to the Bhutan government recently moved Bitcoin valued at approximately $11 million. Bhutan usually sells BTC in batches of $5 million to $10 million, following a consistent pattern. Around a month ago, it sold about $7 million in BTC via QCP Capital. These regular sales reflect a careful, structured approach to managing …
Bhutan has accumulated around 13,000 Bitcoin since launching state-backed mining operations in 2019, primarily fueled by hydroelectric energy.
“We want the authority over staking nodes to be highly distributed, and the first step to doing this is to make it easy,” said Ethereum co-founder Vitalik Buterin.
Bitcoin is trading near $67,300, well off its recent high of $74,000. One well-known analyst says that dip barely matters — he’s looking at a cycle average closer to half a million dollars. Related Reading: WAR Token Explodes 100%, Then Crashes 20% In Sudden Sell-Off A Model Built On Scarcity PlanB, the pseudonymous analyst behind the Stock-to-Flow model, says Bitcoin’s price during the current 2024–2028 halving cycle could average around $500,000, with a range stretching from $250,000 to $1 million. The model is built on a simple premise: as Bitcoin’s supply grows more slowly — thanks to halving events that cut mining rewards roughly every four years — and demand holds steady or rises, the price should follow. Reports indicate that PlanB is careful to frame the figure as a cycle average, not a ceiling or a guaranteed peak. Bitcoin halvings reduce the number of new coins entering circulation. The most recent one took place in April 2024. Historically, each halving has been followed by a significant price run. That pattern is the backbone of PlanB’s argument. ???? Bitcoin at $67k… but S2F model screams $500k avg this cycle (2024-2028)! ???? Is BTC massively undervalued & the ultimate buy opportunity? Or is S2F broken forever? ???? What’s your take, bull or bust? pic.twitter.com/QlBhOgSgGj — PlanB (@100trillionUSD) March 8, 2026 Not Everyone Is Buying It Crypto analyst Bobby A puts his estimate at $200,000 to $250,000 by 2026 or 2027 — still a major jump from current levels, but nowhere near PlanB’s midpoint. According to Bobby A, Stock-to-Flow works as a rough long-term guide but falls short when used to pin down specific price targets in complex markets. He argues the model captures Bitcoin’s broad growth story without accounting for the many variables that move prices in real time. My take is somewhere in the middle. In my opinion, Bitcoin is currently undervalued and will likely trade toward the $200,000 to $250,000 range as this cycle matures through 2026 and into 2027. That said, I do not subscribe to the idea that Bitcoin will reach $500,000 by 2028.… https://t.co/d8wu0skKuN — Bobby A (@Bobby_1111888) March 8, 2026 That skepticism is not without basis. Stock-to-Flow drew sharp criticism after Bitcoin failed to sustain the price levels the model projected during the 2020–2024 cycle. Some analysts wrote off the model entirely. Others say it was never meant to work as a precise forecasting tool to begin with — a nuance that often gets lost in headline-driven coverage. Related Reading: Stablecoin Market Breaks Records — USDC Controls 70% Of $1.8 Trillion Volume What’s Weighing On Bitcoin Now Several outside pressures have contributed to Bitcoin’s recent pullback. Geopolitical tensions and shifting inflows into spot Bitcoin exchange-traded funds — which won US regulatory approval in early 2024 — have added to short-term volatility. Data shows that ETF inflows, which helped push Bitcoin to record highs earlier this year, have been inconsistent in recent months. Reports note that many analysts view the current period as a consolidation phase following the strong rally that carried Bitcoin above $72,000. Whether that consolidation leads to a renewed push higher — or signals a longer plateau — remains an open question. PlanB’s $500,000 average would require Bitcoin to climb more than seven times its current price before the cycle ends. That’s a large number. But in a market that went from under $20,000 to over $73,000 in roughly 18 months, some investors say stranger things have happened. Featured image from Free3D.com, chart from TradingView
Manhattan US Attorney Jay Clayton has asked for a date in early October to retry Tornado Cash's Roman Storm on two charges on which a jury previously failed to reach a decision.
The U.S. Department of Justice has asked a federal court in New York to retry Roman Storm on two criminal charges that a jury failed to resolve during his first trial. Prosecutors informed the court on March 9 that they intend to pursue a second trial on conspiracy to commit money laundering and conspiracy to …
The AI-linked cryptocurrencies moved higher after a report from Wired said Nvidia is planning an open-source platform for autonomous AI agents.
Donald Trump said the Iran war is “pretty much complete” and could end “very soon.” Crypto markets did not wait for a formal announcement. They started moving immediately. Bitcoin pushed to $69,674, Ethereum held above $2,033, and XRP climbed to $1.37 as relief swept through global markets following the President’s comments. The question traders are …
Investment advisors were the biggest buyers of the US-based spot Solana ETFs at over $270 million, while hedge fund managers came in next at $186 million.
The Himalayan kingdom moved another 175 BTC on Monday, continuing a drawdown that has taken its holdings from a peak of roughly 13,000 BTC to under 5,400 in just over a year.
Dogecoin started a recovery wave above the $0.090 zone against the US Dollar. DOGE is now facing hurdles near $0.0930 and might struggle to continue higher. DOGE price started a recovery wave from $0.0860 and climbed above $0.090. The price is trading above the $0.090 level and the 100-hourly simple moving average. There is a rising channel forming with support at $0.0904 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.090. Dogecoin Price Hits Resistance Dogecoin price started a recovery wave from the $0.0860 zone, like Bitcoin and Ethereum. DOGE climbed above the $0.0880 and $0.090 resistance levels. There was a decent upward move above the 23.6% Fib retracement level of the downward move from the $0.1043 swing high to the $0.0859 low. However, the bears remained active near the $0.0925 zone. Besides, there is a rising channel forming with support at $0.0904 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.090 level and the 100-hourly simple moving average. If there is another recovery wave, immediate resistance on the upside is near the $0.0930 level. The first major resistance for the bulls could be near the $0.0950 level or the 50% Fib retracement level of the downward move from the $0.1043 swing high to the $0.0859 low. The next major resistance is near the $0.0972 level. A close above the $0.0972 resistance might send the price toward the $0.1020 resistance. Any more gains might send the price toward the $0.1050 level. The next major stop for the bulls might be $0.1120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.0930 level, it could continue to move down. Initial support on the downside is near the $0.0905 level. The next major support is near the $0.090 level. The main support sits at $0.0884. If there is a downside break below the $0.0884 support, the price could decline further. In the stated case, the price might slide toward the $0.0860 level or even $0.0835 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.0900 and $0.0884. Major Resistance Levels – $0.0950 and $0.0972.
Sharplink says it will continue to acquire Ether despite a brutal crypto market sell-off last year that led to a $616.2 million paper loss on its ETH holdings.
For crypto this week, the story is not a token-specific catalyst. It is whether an oil shock tied to the US-Iran war turns into a broader inflation problem just as the market gets February CPI on Wednesday, March 11, followed by the second estimate of fourth-quarter US GDP and the delayed January PCE report on Friday, March 13. Crypto Watchlist This Week The market opened the week with energy first, everything else second. President Donald Trump said ending the war with Iran would be a “mutual” decision with Israeli Prime Minister Benjamin Netanyahu, signaling no obvious near-term off-ramp, while Brent crude surged as high as $119.50 a barrel and WTI to $119.48. Reuters reported that Iraq, Kuwait and the UAE had begun reducing oil production as the conflict and shipping disruption through Hormuz intensified. Notably, the oil supply shock is the largest in history. BREAKING: The world is now experiencing its largest oil supply shock in history, losing nearly 20 million barrels of oil supply per day. Top oil supply shocks: 1. Hormuz Closure (NOW): -20 million b/d 2. Iranian Revolution (1978): -5.5 million b/d 3. Yom Kippur War (1973): -4.5… — The Kobeissi Letter (@KobeissiLetter) March 9, 2026 That is why the macro transmission matters so much for bitcoin and the entire crypto market. In a speech published Monday, IMF Managing Director Kristalina Georgieva put it plainly: “We are seeing resilience tested yet again by the new conflict in the Middle East. Important oil and gas facilities have suffered damage and stoppages; shipping traffic through the Strait of Hormuz has fallen by 90 percent. If the new conflict proves prolonged, it has clear and obvious potential to affect market sentiment, growth, and inflation.” She added that every 10% increase in oil prices, if sustained through most of this year, could add 40 basis points to global headline inflation. Meanwhile, US oil prices staged one of their biggest reversals in history on Monday when hat G7 countries were reported releasing 400 million barrels of crude oil from reserves. BREAKING: US oil prices are currently attempting one of their biggest reversals in history. At 10:30 PM ET, US oil prices were up as much as +30% on the day. Then, FT reported that G7 countries are considering releasing 400 million barrels of crude oil from reserves. Less than… pic.twitter.com/G1uRHvkFxX — The Kobeissi Letter (@KobeissiLetter) March 9, 2026 Wednesday’s CPI print is the first hard test. The last US CPI release, for January, showed headline inflation up 0.2% month on month and 2.4% year on year, with core CPI at 2.5% year on year. The February report is due at 8:30 a.m. ET on March 11, and market previews are looking for something in the 2.4%-2.5% annual range, with core inflation broadly steady near that zone as well. In other words, the baseline is not a dramatic reacceleration on paper; the problem is that markets now have to judge those numbers against an oil backdrop that worsened sharply after the survey period. Crude oil is approaching $110, up ~$50 in the past month. This comes as Goldman Sachs said in a weekend investor note that a sustained $10 rise in oil prices for three months could push U.S. CPI to around 3% by May. https://t.co/5vLjHAvab9 pic.twitter.com/JfTOQzwAll — Shay Boloor (@StockSavvyShay) March 8, 2026 Friday is more layered. The GDP release is not a fresh quarter, but the second estimate for Q4 2025. The advance estimate showed US growth slowing to a 1.4% annualized pace from 4.4% in Q3. As BEA wrote in the initial release, “Real gross domestic product increased at an annual rate of 1.4 percent in the fourth quarter of 2025. The contributors to the increase in real GDP in the fourth quarter were increases in consumer spending and investment. These movements were partly offset by decreases in government spending and exports.” Some market calendars look for a small upward revision to 1.5%. The bigger crypto-sensitive number may still be the delayed January PCE report, also due Friday. December headline PCE rose 0.4% month on month and 2.9% year on year, while core PCE rose 0.4% on the month and 3.0% on the year. Current previews for January point to headline PCE holding near 2.9% year on year, with core ticking up to around 3.1%. Bitcoin was trading around $67,409 on Monday, after dipping as low as $65,618 on Sunday. That leaves it squarely in macro territory. Currently, Bitcoin’s fortunes remain tied to broader risk appetite and the tech complex, while the Iran-driven oil surge has pushed yields and the dollar higher and dimmed hopes for near-term rate cuts. The immediate read-through is straightforward: if CPI and PCE come in firm while oil stays elevated, liquidity expectations likely deteriorate further and crypto remains under pressure. If the inflation data stay contained despite the war shock, bitcoin and the broader market may get room to reprice away from pure stagflation fear. At press time, the total crypto market cap was at $2.3 trillion. Featured image created with DALL.E, chart from TradingView.com
The partnership is set to connect Nasdaq's European trading venues to Seturion's blockchain-based platform.