Day: March 2, 2026

XRP Price May Drop Another 30% Amid Increased Exchange Inflows

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XRP (XRP) risked a further drop below $1 as its bearish technical setup converged with increased inflows to exchanges. Key takeaways: XRP faces overhead resistance at $1.42 XRP’s 13% rally to $1.43 between Saturday and Sunday ran into a resistance wall at $1.39-$1.43, causing it to retrace to the current price of $1.34. The cost-basis distribution heatmap shows that a large cluster of supply is within this area, where nearly 1.48 billion XRP were acquired over the last 30 days. This marks an area of stiff resistance for XRP, limiting…

What Happens To The XRP Price If It Follows The Amazon Trend And Begins Parabola

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Technical analysis of XRP’s current price action has presented an interesting structural comparison to Amazon that could lead to an upside cycle stretch for the cryptocurrency.  The comparison focuses on structure and symmetry between XRP’s current price action and how Amazon’s stock price played out after it broke a resistance. The implications for price would be dramatic if XRP were to follow what Amazon did after breaking a similar long-term resistance. The 8-Year Resistance Neckline Holding XRP Back Technical analysis of XRP’s chart shows a clearly defined horizontal resistance band…

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Why Nexo Is Reentering the US After the 2023 Crypto Lending Crackdown

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Key takeaways After paying a $45-million settlement in 2023 and exiting the market, Nexo has reentered the US with a redesigned product model focused on regulatory alignment rather than direct yield issuance. The 2023 crackdown centered on unregistered securities concerns. The SEC alleged that Nexo’s Earn Interest Product functioned as an unregistered security, raising questions about retail yield marketing, transparency, custody practices and counterparty risk. The new model relies on licensed US partners. Instead of directly offering yield products, Nexo now operates through regulated US intermediaries, including licensed entities and,…

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Turkey Proposes New Legislative Framework for Cryptocurrency Taxation – SuperCryptoNews

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The Turkish Government, led by the ruling AK Party, has formally submitted a comprehensive economic bill to the Grand National Assembly aimed at integrating digital assets into the national fiscal system. According to reports from the state-run Anadolu Ajansı, the draft legislation proposes significant amendments to both the Income Tax Law and the Expenditure Taxes Law. This move is designed to create a structured regulatory environment for cryptocurrencies, bringing them under the same legal definitions of “crypto asset,” “wallet,” and “platform” already established within the country’s Capital Markets Law. Under…

Strategy Adds 3,015 Bitcoin as Holdings Top 720,737 BTC

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Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, completed its 101st Bitcoin purchase, pushing its total holdings above 720,000 BTC. The company acquired 3,015 Bitcoin (BTC) for $204.1 million last week, according to a US Securities and Exchange Commission filing on Monday. Source: SEC The average buy price of its latest purchase was $67,700 per BTC, marking another purchase well below the company’s average acquisition price of $75,985. The purchase brings its holdings to 720,737 BTC, acquired for a total cost of about $54.8 billion, the company disclosed.…

Bitcoin Sentiment On Wall Street Turned Negative: Galaxy’s Thorn

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Wall Street’s attitude toward Bitcoin has flipped from euphoric to deeply skeptical after last year’s crowded long trade unraveled, according to Galaxy Digital head of research Alex Thorn. In an interview on What Bitcoin Did, Thorn said the shift has less to do with conspiracy theories or a single bearish catalyst than with exhausted demand, heavy long-term holder selling, and a market now struggling to find a fresh narrative. Thorn pushed back on claims that firms such as Jane Street are to blame for Bitcoin’s weakness, calling that line of…

Energym Ad’s Dystopian AI Future Collides with Real-World Layoffs

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A viral spoof “Energym” advertisement set in a 2030s world where 80% of people have lost their jobs to artificial intelligence has struck a nerve as companies accelerate automation, job openings slump and investors grapple with darker AI scenarios.  The video clip, created by Belgian studio AiCandy, uses AI-aged versions of Elon Musk, Sam Altman and Jeff Bezos to hawk a fictional gym where unemployed workers pedal bikes and row machines to power the very AI systems that replaced them, trading lost income for a new sense of “purpose.” The…

Strategy Extends Corporate Bitcoin Dominance, Pushing Holdings to 720,737 BTC

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Strategy Inc. expanded its bitcoin treasury with a fresh $204 million purchase, lifting total holdings to 720,737 BTC and reinforcing its position as the largest corporate bitcoin holder as accumulation continues despite market volatility. Strategy Buys 3,015 BTC for $204M, Lifting Holdings to 720,737 Bitcoin Strategy Inc. (Nasdaq: MSTR) announced another major bitcoin purchase on […] Original