The price of Bitcoin succumbed to bearish pressure and fell to around $65,500 on Friday, while the geopolitical tensions between the United States, Israel, and Iran seem to worsen. According to a recent on-chain evaluation, this latest price decline appears to have been triggered by a panic-driven sell-off among the market’s most sensitive investor group. Panic Selling Dominates Short-Term Market Sentiment Market analyst Maartunn revealed, in a March 27th post on the X platform, that Bitcoin’s short-term holders have moved a significant amount of Bitcoin into exchanges over the past…
Category: Other Crypto News
Cardano Needs A 695% Jump To Hit $2 — One Trader Says It’s Possible In Under A Week
Cardano has been stuck below 30 cents for weeks, and its ranking among global cryptocurrencies has slipped to 12th place. Against that backdrop, a trader is now arguing the coin could still reach $2 — and sooner than most people think. The Math Behind The Claim The argument comes from Yesreel, a crypto trader with six years of experience, who posted the projection on social media. Based on his analysis, ADA would only need to string together five to six days of 40–50% daily gains to close the gap between…
What The Solana Open Interest Is Saying About The Cryptocurrency Right Now
Solana’s derivatives market is signaling something the price chart doesn’t fully show—and it matters right now. According to data from Coinglass, Solana’s total open interest across all exchanges is currently at $5.44 billion, which is about 65.12 million SOL in outstanding futures contracts. That figure places open interest back within the same range it occupied in April 2025, effectively erasing nearly a full year of buildup in the asset Related Reading A Year’s Worth Of Leverage Is Gone According to CoinGlass, Solana’s open interest is currently around $5.45 billion, a…
Kalshi Hit With Washington State Lawsuit
Kalshi is facing another state-level lawsuit after the state of Washington on Friday filed allegations that the prediction market operator violated state gambling laws with its products. The Washington Attorney General’s complaint cites the Pacific Northwest state’s existing ban on online gambling and otherwise strict oversight of the gaming market, in claiming Kalshi violated the Washington Consumer Protection Act, Gambling Act, and Recovery of Money Lost at Gambling Act. “Kalshi’s website and app show consumers a range of events that they can bet on and the odds for those various…
Tokenized Platform xStocks Brings New Fundrise Shares Onchain
The closed-end Fundrise Innovation Fund holds stakes in private technology companies including Anthropic, Databricks and SpaceX, and came public earlier this month. Tokenized equities framework xStocks has teamed with alternative investment platform Fundrise to bring onchain the newly public Fundrise Innovation Fund, expanding late-stage private market companies exposure. The single tokenized asset VCXx is expected to go live on the xStocks platform in the coming days, according to a Friday announcement. The move to bring Fundrise onchain comes just days after the closed-end fund began trading on the New York…
Bitcoin Faces Familiar Crossroads As Midterm Cycle Turns Bearish
A worst-case scenario is now on the table. Some analysts say Bitcoin could fall as low as $41,000 if a bear flag pattern currently forming on price charts plays out — a warning sign drawing attention as the cryptocurrency trades near $66,000, roughly half of what it was worth at its recent high. Related Reading Geopolitical Shock Hits At A Bad Time The closure of the Strait of Hormuz sent oil prices surging this week, rattling global markets and pulling risk assets lower. Bitcoin was caught in the selloff. Prices…
Ethereum Price Falls Below Psychological $2,000 Support — What Next?
After a show of resilience over the past few weeks, the Ethereum price finally gave way, falling below the $2,000 level for the first time since March 10th. The “King of Altcoins” succumbed to the downward pressure that spread across the global financial markets on Friday, March 27th, as the geopolitical tensions in the Middle East rage on. With rising oil prices due to the supply shock driven by the partial closure of the Strait of Hormuz, inflation expectations across various world economies are rising rapidly. Specifically, the fear of…
Bitcoin Sees Confident Buying From Smart Money Amid Dip – Details
In the last week, Bitcoin prices fell to around $65,000, resulting in a net loss of 6.74%. This recent decline underlines the asset’s struggles in March, which, despite periods of attempted price breakout, has witnessed an equal or greater pullback, producing a current net monthly loss of 4.4%. Amid this price instability, the Analytics page Easy On Chain has shared an interesting trend on smart money accumulation in the Bitcoin market. Bullish Market Divergence Dominates Bitcoin Activity In the QuickTake post on March 27, Easy On Chain analysts show that…
Google, Banks to Back $5B Anthropic Data Center in Texas: Report
Google is preparing to support a multibillion-dollar data center project in Texas leased to Anthropic as competition for AI infrastructure accelerates. The project, operated by Nexus Data Centers, could exceed $5 billion in its initial phase, with Google expected to provide construction loans, Financial Times reported on Friday, citing people familiar with the matter. A consortium of banks is also competing to arrange financing by mid-year, per the report. According to the report, Anthropic recently signed a lease for the 2,800-acre campus, which forms part of its broader infrastructure tie-up…
How AI Agents Can Reshape Arbitrage in Prediction Markets
Prediction markets aggregate human judgment in theory, but some of their consistent trading opportunities may end up captured by systems that move faster than any person can. Arbitrage opportunities can show up as brief mispricings, from outcomes that temporarily fail to sum up to 100%, to short delays in how quickly markets react to new information. Rodrigo Coelho, CEO of Edge & Node, said bots are already scanning hundreds of markets per second, a role that increasingly overlaps with more advanced AI-driven agents. “Capturing those opportunities requires monitoring thousands of…