Day: March 28, 2025

Bitcoin to $110K next, Hyperliquid whale bags $6.2M ‘short’ exploit: Finance Redefined

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Bitcoin price is poised to hit $110,000 before retesting the $76,500 range, according to Arthur Hayes, pointing to easing inflationary concerns and more favorable monetary policy conditions in the US that are set to bolster risk assets, including the world’s first cryptocurrency. Still, the decentralized finance (DeFi) industry took another hit after an unknown whale exploited Hyperliquid’s algorithms to generate over $6 million in profit on a memecoin short position. Bitcoin “more likely” to hit $110,000 before $76,500 — Arthur Hayes Bitcoin may reach a new all-time high of $110,000…

FDIC Reverses U.S. Crypto Banking Policy That Demanded Prior Approvals

The Federal Deposit Insurance Corp. will no longer instruct banks to get prior sign-off before they engage in crypto activities — a standard that was set in 2022 and that effectively severed institutions from the digital assets sector as they waited for approvals that never came. The FDIC, which is the chief federal supervisor of thousands of typically smaller banks and runs the banking industry’s government backstop, had occupied a significant role in the crypto debanking saga. A courtroom fight with crypto exchange Coinbase had recently unveiled dozens of letters…

Is a Bitcoin Rally Coming? Exchange Net Flow Data Suggests So

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. According to a CryptoQuant Quicktake post published earlier today, Bitcoin (BTC) may be on the verge of a significant price rally. Since February 6, net flow across crypto exchanges…

Solana-based MonkeDAO acquires zBTC as a Bitcoin reserve

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MonkeDAO, a community-owned non-fungible token project on Solana, has announced it’s become the first decentralized autonomous organization to adopt a Bitcoin reserve. Solana (SOL)-based MonkeDAO announced on March 28 that it had adopted a Bitcoin (BTC) reserve in its strategy by acquiring the APOLLO on Solana token zBTC. The newly-launched zBTC is a token pegged 1:1 to Bitcoin and native to Solana. MonkeDAO is the first DAO to adopt the token for its treasury reserve. According to the APOLLO team, the token offers BTC on-chain – not bridged or wrapped but…

Anti-L2 push could ‘break the social fabric’ of Ethereum — Sandeep Nailwal

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A portion of the Ethereum community is pressuring the Ethereum Foundation to make decisions that may “break the entire social fabric” of the smart contract network by restricting Ethereum’s layer-2 (L2) networks, Polygon co-founder Sandeep Nailwal said. Speaking during a March 28 episode of Cointelegraph’s Chain Reaction show on X, the Polygon founder said that he has only seen this type of pressure and anti-L2 rhetoric during the current market cycle amid suppressed price action for Ether (ETH). “Everybody understands that if Ethereum doesn’t survive, the layer-2s won’t survive,” Nailwal…

BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON, LINK, AVAX

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Bitcoin (BTC) is moving farther away from the crucial $90,000 mark, indicating that buying dries up at higher levels. Market participants seem nervous about the fresh round of US trade tariffs and the renewed inflation pressure as US Personal Consumption Expenditures data came in hotter-than-expected. Traders are divided about Bitcoin’s price trajectory in 2025. Analyzing data from the prediction markets platform Polymarket, X user Ashwin highlighted that Bitcoin’s most bearish target for 2025 is $59,040, and the most bullish is $138,617. Crypto market data daily view. Source: Coin360 Although the…

Terraform Labs to open loss claims portal on March 31

Terraform Labs — the company behind LUNA (LUNA) and algorithmic stablecoin TerraUSD (UST) — will launch its crypto loss claims portal on March 31. The portal is aimed at reimbursing individuals who lost at least $100 due to the collapse of the Terra ecosystem in 2022. The move follows a Delaware court’s approval for Terraform Labs to wind down operations. The judge overseeing the case agreed with Terraform Labs’ bankruptcy plan, calling it a “welcome alternative” to further litigation over investor losses. Terraform Labs settled with the US Securities and…

Avalanche ETF Push Gains Momentum With Grayscale Filing

Key Notes Nasdaq lodged a new Avalanche ETF filing with the US SEC. Avalanche ETF, backed by Grayscale, is the second in the market from major asset managers. AVAX price maintained its drawdown despite the bullish ETF filing news . Grayscale Investments, LLC has taken a major step in bringing a spot Avalanche exchange-traded fund (ETF) to the market. The asset management giant has joined VanEck in filing for the AVAX ETF with the U.S. Securities and Exchange Commission (SEC). Nasdaq Files for Avalanche ETF Approval According to the filing…

XRP Must Break Above $3 To Invalidate Bearish Pattern And Flip Bullish – Analyst

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. XRP is facing a pivotal moment after failing to test the $2.60 resistance level, with price action now leaning toward critical demand. The token continues to trade sideways in…

Is Cardano (ADA) a “zombie crypto”?

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For years, Cardano (ADA) has been a cornerstone of the crypto landscape, consistently ranking among the top digital assets by market capitalization. Yet, despite its prominence, ADA’s performance has left many investors questioning its long-term prospects. While it recently made headlines for being included in US President Donald Trump’s initial proposal for a national crypto stockpile, its price action and onchain activity tell a different story — one that has even led some critics to brand it a “zombie.” Recent findings suggest that the ecosystem behind ADA, the Cardano network,…