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Price analysis 3/21: BTC, ETH, XRP, BNB, SOL, ADA, DOGE, TON, LINK, LEO

Bitcoin’s (BTC) recovery continues to face selling at higher levels, indicating that the bears have not given up. Trading resource Material Indicators said in a post on X that “Spoofy the Whale” has been suppressing Bitcoin’s price below $87,500. Although the upside is currently restricted, select analysts believe that the downside is limited. BitMEX co-founder […]

Rising XRP spot market volumes hint at next stage of a parabolic price rally — Analyst

XRP (XRP) price rallied 16% less than 24 hours after news that Ripple’s legal dispute with the US Securities and Exchange Commission (SEC) could end made headlines on March 19. However, XRP has shed half of its gains over the past two days, losing position below an important level at $2.50. XRP rally continues to […]

Strategy announces 10% preferred stock offering to buy more Bitcoin

Strategy has announced the pricing of its latest round of perpetual preferred stock, which the company does before announcing more Bitcoin (BTC) acquisitions. According to Strategy, the latest round of preferred stock will be sold at $85 per share, with a 10% coupon, and will bring the company approximately $711 million in revenue. Market analyst […]

Why is the crypto market down today?

The cryptocurrency market is down on March 21, with the total market capitalization dropping by 2.5% to about $2.75 trillion.  24-hour performance of large-cap cryptocurrencies. Source: Coin360 Several factors have contributed to the latest drop in crypto prices, including: Over $230 million was wiped off the crypto market in 24 hours after Bitcoin failed to […]

Bitcoin NFTs, layer-2 and restaking hype ‘completely gone’

A Bitcoin layer-2 executive explained how Bitcoin narratives that were “overhyped” have now wholly vanished while the ecosystem develops.  In a Cointelegraph interview, Bitlayer co-founder Charlie Hu laid out three Bitcoin narratives that he believed were overhyped. This included narratives that surrounded Ordinals, layer-2s and re-staking.  According to Hu, one of the overhyped narratives in […]

XRP price chart hints at 75% gains next as SEC ends lawsuit against Ripple

XRP (XRP) price has recovered by almost 30% in the last two weeks, led by a crypto market rebound, and Ripple’s long-running legal battle against the US Securities and Exchange Commission (SEC) comes to an end. XRP/USD daily price chart. Source: TradingView The cryptocurrency’s rebound is also occurring inside the confines of a classic bullish […]

Here’s why Bitcoin price can’t go higher than $87.5K

Bitcoin (BTC) is being capped at $87,500 thanks to manipulation by one or more whales, new analysis says. The latest market coverage by trading resource Material Indicators on March 20 reveals why BTC/USD is stuck in its current range. “Spoofy the whale” gets blame for BTC price range Bitcoin has managed to sustain $80,000 as […]

Australia outlines crypto regulation plan, promises action on debanking

Australia’s government, under its ruling center-left Labor Party, has proposed a new crypto framework regulating exchanges under existing financial services laws and has promised to tackle debanking. It comes ahead of a federal election slated to be held on or before May 17, which current polling shows is shaping up to a dead heat between […]

Bad news Bitcoin bulls, the long-hoped-for retail is already here: CryptoQuant

Bitcoin bulls who still think the cycle peak has yet to come as retail investors haven’t piled in yet might be using an outdated playbook, according to a crypto executive. “The idea that the cycle isn’t over just because onchain retail activity is absent needs reconsideration,” CryptoQuant founder and CEO Ki Young Ju said in […]

Bad news Bitcoin bulls, the long-hoped-for retail is already here: CryptoQuant

Bitcoin bulls who still think the cycle peak has yet to come as retail investors haven’t piled in yet might be using an outdated playbook, according to a crypto executive. “The idea that the cycle isn’t over just because onchain retail activity is absent needs reconsideration,” CryptoQuant founder and CEO Ki Young Ju said in […]