Historical data shows that Bitcoin typically gains 20% within a month of major spikes in oil prices. Should traders prepare for a rally to $79,000?
XRP has entered the new week with a technical setup that is beginning to tilt in favor of bulls, even though the price action is stuck inside a range. A bullish divergence has appeared on the daily chart, hinting that downside momentum may be fading and that a rebound could be close. However, XRP’s price structure is fragile, and technical analysis has revealed a level that could either support a recovery attempt or lead to another round of selling pressure. Bullish Divergence Shows Selling Pressure Is Losing Strength The foundation of the bullish case is the daily divergence now visible on the daily candlestick chart. XRP has been holding inside a narrow range near the $1.34 to $1.50 range, but momentum is no longer falling at the same pace as the price. Related Reading: XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11 When price makes a lower low, but momentum refuses to follow, as the RSI is clearly showing on the XRP daily chart right now, it tells traders that the selling pressure behind each leg lower is weakening. The Bears are still in control on paper, but they’re running out of fuel. This is exactly what unfolded in the February lows. Price crashed to the $1.13 range in a capitulation flush; the RSI fell into oversold territory below 25. However, the price action is now beginning to stabilize and consolidate between roughly $1.34 and $1.40, but this hasn’t led to the creation of higher highs. However, RSI shows momentum and is beginning to quietly recover to build a higher low. That divergence is now confirmed on the daily timeframe with the start of the new week. Why $1.34 Is The Level Bulls Cannot Afford To Lose Despite the improving short-term outlook, the bullish thesis has a very clear line in the sand. According to technical analysis from a crypto analyst known as “Guy on the Earth,” anything below $1.34 would invalidate the setup in the short term. That makes it the level traders are likely to watch most closely at the start of the week. At the time of writing, XRP is trading at $1.36, just a little higher than the important $1.34 level. This support matters because it has effectively become the price floor of the current range. XRP has already spent several sessions trading just above it, and this shows that buyers are still willing to defend that zone. According to the analyst, a clean break below $1.34 would open the door to another leg lower or see a capitulation wick closing back above $1.34. Related Reading: Pundit Says XRP Price Could Reach $1,000 By End Of 2026 If This Happens Signals are one thing; confirmation is another, and for XRP, confirmation only comes at $1.50. The chart above shows the upper boundary of the current range around $1.50, and that is the level bulls need to break if XRP is going to shift from recovery talk to a real trend reversal. Featured image from Getty Images, chart from Tradingview.com
Oil-linked trading on the decentralized exchange Hyperliquid (HYPE) has recently surpassed $1 billion in volume within a 24-hour period, leading to a significant 10% rally in the platform’s native token, HYPE, allowing it to outperform the top 100 cryptocurrencies by market capitalization. In fact, oil-linked trading on Hyperliquid hit over $1.2 billion, making it the second-most traded market on the platform, just behind Bitcoin (BTC). Hyperliquid’s Oil Contract Trading Soars The driving force behind the recent HYPE performance has been the CL-USDC perpetual contract, which tracks West Texas Intermediate crude oil prices. This contract’s trading volume recently eclipsed Ethereum (ETH) trading on the platform. Related Reading: Bitcoin At The Bottom? The 23-Month Cycle That Has Never Failed The increase in activity coincides with a dramatic rise in oil futures, which jumped over 30% to nearly $120 a barrel on traditional exchanges. This spike followed escalating tensions in the Middle East that have disrupted global supply chains. Before these developments, daily volumes for the CL-USDC contract hovered around $21 million. However, following the recent geopolitical events, that figure skyrocketed to more than $1.2 billion as of Monday. Additionally, open interest in this contract surged to $183 million. $150 Price Target For HYPE Further fueling the excitement surrounding the HYPE rally is a bullish outlook from Arthur Hayes, co-founder of cryptocurrency platform BitMEX. In a recent essay, Hayes set a price target of $150 for HYPE by August 2026, asserting that Hyperliquid can continue to expand its revenue streams even if broader cryptocurrency markets experience difficulties. Related Reading: Dogecoin Remains Inside Falling Channel, Bulls Target Surge Above $0.1 While HYPE has been on the rise, with the token retesting the $35 resistance wall, major cryptocurrencies like Bitcoin and Ethereum have shown modest recoveries during the same period. Bitcoin gained approximately 2.5%, while Ethereum saw a slightly higher increase of 3.4%. Analyzing HYPE’s daily trading chart reveals critical support levels that investors should watch. Key support zones are anticipated around $32, $29, and $28, with the latter acting as a significant accumulation point over the past two weeks. Featured image from OpenArt, chart from TradingView.com
The partnership aims to reduce fragmentation in European capital markets by enabling blockchain-based settlement of tokenized securities.
The insurance broker is piloting stablecoin payments for premiums using USDC and PYUSD, testing blockchain settlement rails for faster payments in global insurance markets.
Shares were up another 9.7% on Monday, bringing them nearly to double over the past month.
CEO and co-founder of the world’s largest cryptocurrency exchange, Changpeng Zhao (CZ), has predicted that AI (artificial intelligence) agents will outnumber humans in crypto payments by a “million times.” CEO, co-founder, and Chairman of Coinbase, Brian Armstrong, made similar comments shortly afterwards. He added that the main reason is that AI agents can easily own …
Treasury’s mixer language points to a new U.S. line on crypto privacy A new Treasury report says lawful users may use mixers for financial privacy on public blockchains. The language leaves Treasury’s money-laundering case intact, while opening room for privacy tools that can operate inside regulated U.S. crypto markets. In a report to Congress this […]
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Bitcoin’s rally back to the mid-$73,000 region did not last long as the leading cryptocurrency’s price action reversed as the week came to a close and fell back around $67,000 after momentarily regaining momentum last week, pulling Ethereum down with it till the ETH price also lost the $2,000 price level. However, the pullback of these leading cryptocurrencies is the product of a few forces colliding at once: a war nobody fully priced in and institutions quietly heading for the exits. Here is what happened. Spot Bitcoin ETFs: From Boosting Rally To Draining Liquidity One of the clearest reasons for Bitcoin’s reversal is that the same ETF complex that helped lift the price early in the week suddenly turned into a source of pressure. SoSoValue data show that US-based Spot Bitcoin ETFs posted strong inflows at the start of the week, including about $458.19 million on March 2, $225.15 million on March 3, and $461.77 million on March 4. Related Reading: Bitcoin Pattern Memory Predicts The Bottom, And It’s Below $40,000 That stretch helped Bitcoin climb as high as roughly $74,051 intraday on March 4, but the tone changed quickly after that. By March 5, spot Bitcoin ETFs had flipped to a net outflow of about $227.83 million, and on March 6, the outflow worsened to roughly $348.83 million, showing that institutional demand softened just as Bitcoin was testing resistance near the mid-$70,000s. Spot Bitcoin ETFs. Source: SoSoValue Unsurprisingly, Ethereum also saw its own exchange-traded funds flows deteriorate in tandem with Bitcoin. SoSoValue’s data show US Spot Ethereum ETFs started the week on firmer footing, with $38.69 million in net inflows on March 2, led by BlackRock’s ETHA at about $26.51 million. However, by the second half of the week, that demand had faded massively. Spot Ethereum ETFs recorded about $90.94 million in net outflows on March 5 and another $82.85 million in net outflows on March 6, with Fidelity’s FETH alone accounting for roughly $67.57 million of the March 6 withdrawal. Spot Ethereum ETFs. Source: SoSoValue Profit-Taking And Global Risk Aversion The final piece is the macro backdrop. The bounce to $73,000 to $74,000 invited short-term traders to lock in gains, especially after Bitcoin ran into a clear resistance band and failed to push through decisively. On-chain data shows that more than 27,000 BTC in profit were sent to exchanges by short-term holders within 24 hours. Related Reading: XRP Price At $100 Is ‘Inevitable’, Analyst Explains Why This Is However, investors are not dealing with only crypto-related concerns. Financial markets are still pricing in the conflicts in the Middle East. Iran responded to US-Israel attacks by not only firing retaliatory strikes but also effectively closing the Strait of Hormuz, a passage for roughly one-fifth of the world’s oil supply. That closure is what truly rattled markets. Once Bitcoin lost altitude, Ethereum followed with even more force. At the time of writing, Bitcoin is trading at $67,500. Ethereum, on the other hand, is trading at $1,975. Featured image created with Dall.E, chart from Tradingview.com
Bitcoin jumps toward $69K as stocks rebound and oil plunges as much as 30% amid USIran tensions after Trump signals war may end.
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It's been a historic 24 hours for crude oil, which soared to $120 per barrel overnight on Iran worries, but has plunged back to just above $80.
The long-term vision of XRP has often been debated within the crypto market, where price speculation and retail trading tend to dominate the narrative. The proponents of the asset argue that XRP’s core purpose extends beyond short-term market cycles. Instead, they view it as a key component of the emerging concept of the Internet of Value, and enable the seamless transfer of money and assets across global networks as easily as information moves across the internet. XRP’s long-term significance has never been rooted in retail speculation, but in its potential fit-in-purpose utility within an emerging Internet of Value infrastructure. Analyst Rob Cunningham has mentioned on X that the world markets advance toward regulated digital commodity venues, clearer token classification, and tokenized movement of value across interoperable rails. Thus, assets designed for fast settlement, liquidity bridging, and neutral transfer between networks become relevant. How The Internet Of Value Requires Interoperable Assets Cunningham noted that regulatory developments such as the Clarity Act framework are not designed as an XRP bill, and no law can guarantee XRP adoption. However, clearer market structure legislation could address one of its long-standing challenges in the US: legal ambiguity, which is an inference from the legislation’s structure and purpose, not a promise. Related Reading: Cardano Founder Shares What To Expect For XRP If The Clarity ACT Is Passed Analyst Cunningham frames this transition as the “shipping container moment” for finance, meaning the financial world is standardising the movement of value, similar to how it standardised the movement of goods. When this shift happens, the winners are rarely the loudest brands, but it’s the rails, standards, and protocols that reduce friction across the system. From this perspective, the growth of Distributed Ledger Technology (DLT) adoption signals a deeper transformation of truth, and settlement and ownership are being re-architected at the protocol level. Cunningham views this trend as a “sound-money renaissance” focused less on nostalgia and more on restoring transparent rules and reliable measurements for digital finance. Related Reading: Pundit Explains How XRP Becomes A Global Reserve Asset In that broader macro context, the debate around the Clarity Act reflects a decision about whether the US will lead the digital asset transition through clear legislation or allow innovation to remain in regulatory ambiguity. Meanwhile, the XRP implications become strongest in a world that requires neutral, fast, and interoperable value transfer under well-defined rules, where the macro-direction is increasingly favourable, as the regulated utility will ultimately matter more than the narrative cycle in the market. A Liquidity Shift Is Unfolding In The XRP Market A notable shift is emerging in the XRP market liquidity. Crypto commentator XFinanceBull revealed that the data from exchange heatmaps shows that Upbit has recently moved into the top position for XRP trading volume, surpassing major global platforms such as Binance and Coinbase. This development shows that market liquidity is positioning before the broader narratives become recognised. According to XFinanceBull, the surge in XRP activity on a South Korean exchange suggests that regional traders are betting on the network. Featured image from Freepik, chart from Tradingview.com
Bhutan moves $12M in Bitcoin as transfers surpass $42M in 2026 while remaining the 7th largest sovereign BTC holder.
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Pi Network’s token is having one of its best days in weeks, and the reason is simple: March 14 is coming, and the crypto community is getting excited about it. PI climbed 7.16% to $0.221 on Monday, comfortably outpacing a broader market that rose around 2.3% on the day. Trading volume surged over 65% to …
Cynthia Lummis continues to push pro-crypto policies in a market structure bill under consideration in the Senate, even as she prepares to leave Congress in January 2027.
The rapid liquidation highlights the risks of high-leverage trading amid volatile markets, underscoring the need for strategic risk management.
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Sharplink reports a $734M loss for 2025 as it expands its Ethereum treasury strategy and grows holdings to nearly 870K ETH.
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America may reject the name “CBDC” while still building the conditions for CBDC-like control through private dollar infrastructure. Washington has ruled out a retail Federal Reserve digital dollar in legal form. At the same time, the stablecoin regime now taking shape can normalize freeze, block, reject, and temporary hold functions across private dollar tokens and, […]
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Buyers were undeterred by surging oil prices, pushing Bitcoin near $69,500 and large-cap altcoins close to their overhead resistance levels.
Bitcoin reaches 20 million mined coins, marking over 95% of total supply with the final 1 million BTC to be mined over the next 114 years.
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The crypto brokerage said increasing demand across West Africa is driving its expansion as user activity grows across the Sub-Saharan region.
The recent moves are comparatively much smaller than when Bhutan moved over $60 million in bitcoin last July over the course of four days.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Dogecoin is still trading in a far smaller range than long-time holders would have imagined a few months ago, and that is exactly what makes its technical setup so interesting. The meme coin is now trading around multi-year lows, but some traders now believe this compression could be the base for a short-term breakout attempt. However, the focus is on whether Dogecoin can defend support long enough to reclaim the important $0.10 price level, not on ambitious cycle highs. A Channel That Has Swallowed Six Months Of Hope Once upon a time, Dogecoin bulls were dreaming of $1. Now, they’re watching $0.10. That’s the quietly uncomfortable reality sitting beneath a new technical analysis shared on X by crypto analyst Erick, who noted that Dogecoin is currently compressing inside a falling channel and that a breakout, if it comes, might be enough to push the meme coin back above $0.1. Related Reading: Dogecoin Morning Doji Star Shows Bullish Reversal That Will Send Price To $0.8 The daily DOGE/USDT chart on Binance shows that the meme coin has been locked inside a falling channel since October 2025. This pattern is defined by two descending parallel trendlines that have consistently acted as a ceiling and a floor, guiding price progressively lower with lower highs and lower lows in each passing week. As it stands, Dogecoin is now sitting right on an important support zone with the token trading around $0.089. Interestingly, this is simultaneously on top of a horizontal support zone near $0.089, a level that has been tested multiple times and has, so far, refused to break. Push Above $0.10 Matters More Than It Should According to Erick, a price breakout could be near. If the current Dogecoin price level holds, a bounce toward $0.10+ might be on the table. Related Reading: Revisiting The Dogecoin Rally To $10: Where Is The Meme Coin This Cycle? There is an irony in the current setup. Some Dogecoin bulls are now watching $0.10 as a meaningful upside target, a level that once would have looked modest, considering the meme coin has spent recent months with much bigger expectations. However, looking at the present structure, $0.10 carries weight because it would mark a break above an important psychological threshold and signal that buyers have wrestled back some control from the broader downtrend. Another technical perspective also shows the current nature of Dogecoin’s price action. In a separate analysis posted on X, crypto analyst Trader Tardigrade pointed out that Dogecoin recently attempted an upside breakout from a symmetrical triangle pattern on the daily chart but failed to sustain the move. According to the analyst, Dogecoin has now fallen back inside the triangle structure after the breakout attempt, turning into a false breakout. In his words, Dogecoin has now entered into an indecisive mode. At the time of writing, Dogecoin is trading at $0.09. Tardigrade’s chart lays out scenarios of a green arrow projecting a recovery to the $0.14-$0.15 range and a red arrow pointing to a collapse to the $0.06 region. Featured image from Pngtree, chart from Tradingview.com
Financial services firm Aon accepted USDC and PYUSD stablecoins for Coinbase and Paxos's insurance premium payments.
XRP edged up 1.58% to $1.36 on Monday, riding the coattails of a broader market rally without any specific news of its own driving the move. Bitcoin’s 3.15% climb lifted most major tokens, and XRP was no exception, though it lagged slightly behind the pack on a day when Ethereum, Solana and BNB all posted …
Mining Bitcoin on a desktop in 2026 may sound simple, but is it profitable? Do rising network difficulty and energy costs mean the end of PCs as Bitcoin mining equipment?
Cryptocurrency markets surged on Monday, with Bitcoin breaking above $69,000 and Ethereum crossing $2,000 for the first time in weeks, as a combination of institutional buying and a surprise regulatory shift out of Washington gave investors a reason to buy in a market that had been gripped by fear for days. The Numbers Behind the …
Bitmine's strategic ETH accumulation and staking expansion signal growing confidence in crypto's recovery, potentially boosting market stability.
The post Bitmine adds 61K ETH as prices hit $2K, Tom Lee says mini crypto winter may be ending appeared first on Crypto Briefing.
Bitcoin spent the weekend mostly within a familiar price channel, then slipped lower before recovering as traders reacted to the developing impact of the Iran war. However, while real-world macro events now dictate Bitcoin's movements more than fundamentals or adoption levels, where on the chart it stops to test the waters has not changed. Bitcoin […]
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