Ethereum Loses $2K as Traders Expect a Deeper Correction in ETH Price

Ether’s (ETH) drop below the $2,000 on Friday put it at risk of a deeper correction in the coming weeks or months. Key takeaways: Ether’s price shows structural weakness as it fails to hold above the $2,000 psychological support. Analysts say ETH price may drop further toward the $1,750-$1,850 support zone. Ether’s demand stays negative,…

Ethereum Loses $2K as Traders Expect a Deeper Correction in ETH Price

Ether’s (ETH) drop below the $2,000 on Friday put it at risk of a deeper correction in the coming weeks or months. Key takeaways: Ether’s price shows structural weakness as it fails to hold above the $2,000 psychological support. Analysts say ETH price may drop further toward the $1,750-$1,850 support zone. Ether’s demand stays negative,…

Bitcoin Preps Sixth Red Month in a Row as Oil Fears Surge

Bitcoin (BTC) neared $66,000 at Friday’s Wall Street open as analysis called US inflation trends “objectively unsustainable.” Key points: Bitcoin drops further on oil-supply woes as Iran closes the Strait of Hormuz. BTC price performance is set to seal its sixth straight month of losses at the March close. Traders eye the lows with $70,000…

Incentive Design Could Change Retail Investors’ Fortunes

Opinion by: Ilya Tarutov, founder of Tramplin Crypto hasn’t struggled because the technology was flawed. Instead, it faltered as a result of the incentive structures the industry created, which have quietly turned it into something that works against the very people it was supposed to serve. Since 2017, every crypto market cycle has followed the…

Bitcoin, Coinbase, Strategy, Gemini, Galaxy swept up in market rout

Crypto stocks are getting hit hard Friday as weakness in U.S. equities rippled through high-risk assets, driving bitcoin BTC$66,110.85 below $66,000. Crypto exchange Coinbase (COIN) and digital asset conglomerate Galaxy (GLXY) dropped nearly 7%, while exchange Gemini (GEMI) slid almost 9%, marking one of the steepest losses in the group. Crypto-friendly broker Robinhood (HOOD) also…

Australia Court Fines Binance $6.9 Million over Client Onboarding Failures

Update March 27, 11:53 am UTC: This article has been updated to include a comment from a Binance spokesperson. The Federal Court of Australia has ordered Oztures Trading Pty Ltd, trading as Binance Australia Derivatives, to pay a 10 million Australian dollar ($6.9 million) penalty after the company admitted to misclassifying more than 85% of…

XRP Risks 50% Crash as Goldman Sachs ETF Exposure Fails to Lift Price

XRP (XRP) traded at $1.37 after a 3.5% decline in the last 24 hours, shrugging off Goldman Sachs’ disclosure of exposure to spot XRP exchange-traded funds (ETFs). While this highlights long-term institutional confidence, it comes amid fragile risk sentiment and a typical breakdown from a bearish setup. Key takeaways: Goldman Sachs disclosed $152.17 million in…

Real-World Perps Thrive, While Altcoins Languish

Onchain perpetual futures linked to real-world commodities like precious metals and oil have surged in trading volume, signaling an investor rotation from altcoins to commodity-linked digital assets, according to a report published Thursday by digital asset bank Sygnum. Trading volume for oil and precious metals perpetual futures markets on the Hyperliquid decentralized exchange (DEX) accounts…

Bitcoin ETFs Bleed $171M, as Investors Fear Weekend War Escalation

US spot Bitcoin exchange-traded funds (ETFs) logged $171 million in outflows on Thursday, their biggest day of redemptions since March 3, when they posted $348 million in outflows.  BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the outflows with $41 million, Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed with $32 million, the ARK 21Shares Bitcoin ETF…

Judge Blocks Pentagon’s Anthropic Supply Chain Designation

A US federal judge in San Francisco has granted Anthropic’s request for temporary reprieve after the Pentagon’s designation of the company as a supply chain risk. In an order on Thursday, Judge Rita Lin of the District Court for the Northern District of California ordered a preliminary injunction against the Pentagon over the label. It…