Category: Other Crypto News

ZachXBT Exposes Fake Accounts Driving Crypto Scams on X

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Blockchain sleuth ZachXBT said on Monday he uncovered a coordinated network of accounts on X using exaggerated or fake war and geopolitical posts to lure users into crypto scams. The investigation identified more than 10 linked X accounts allegedly purchased with follower bases that pushed sensational content and scam links, according to an X thread and screenshots shared by ZachXBT. The fake accounts used AI to impersonate prominent social media influencers such as Mario Nawfal, flooding X with “doomposts” and driving engagement before promoting fake crypto giveaways and pump-and-dump token…

Ethereum Bottom Signal? Analyst Maps Out Road To $10,000

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Ethereum may be nearing a major inflection point, according to market analyst Ali Martinez (@alicharts on X), who argues that a confluence of technical structure and on-chain valuation data is beginning to tilt the setup back in bulls’ favor. In a post on X, Martinez said Ethereum is showing signs of a “major structural shift,” pointing to a multi-year ascending triangle on the weekly chart, a recent test of support near $1,800, and a historically significant drop in the MVRV ratio. Taken together, the message was clear: the recent weakness…

Bithumb Aims to Reappoint CEO Lee Jae-won Amid Recent Regulatory Pain

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Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, is reportedly seeking to reappoint CEO Lee Jae-won despite recent alleged anti-money laundering failures and other controversies, according to the Korea Times. The exchange will convene its regular shareholders’ meeting on March 31, and a proposal to keep Lee in the top job will be put to shareholders, the Korea Times reported on Sunday, citing industry sources. His current term expires at the end of the month, and a successful renewal would keep Lee as the exchange’s CEO for another two…

If Bitcoin Price Doesn’t Hold Take And Hold $69,000 With Momentum, It Could Get Very Bad

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The Bitcoin price broke below $70,000 over the weekend, effectively erasing the gains from the previous week. This move puts the cryptocurrency in a perilous position as the bulls are now hard-pressed to find another major support or risk the decline going deeper from here. According to one analyst, Bitcoin bulls will have to reclaim and hold $69,000 with momentum in order to trigger another recovery trend. Why Bitcoin Bulls Must Hold $69,000 According to crypto analyst Tealstreet, the bulls will need to defend $69,000 to prevent the Bitcoin price…

Hong Kong Web3 Gaming Company Eyes $70M Crypto Expansion

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Boyaa Interactive International is the 23rd-largest Bitcoin treasury and the third-largest in Asia, behind Japan’s Metaplanet and China’s Next Technology Holding. Hong Kong-based Web3 gaming firm Boyaa Interactive International said it is seeking shareholder approval to expand its crypto treasury, planning up to $70 million in purchases over the next year. In a statement on Sunday, the Hong Kong-listed company said it is looking to use its “idle cash reserves during periods of weakness in the cryptocurrency market” to increase its existing positions and to support the research and development…

Mark Zuckerberg is Reportedly Using a Personal AI agent to Speed Up Work

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Meta CEO and co-founder Mark Zuckerberg is reportedly building an AI agent to help handle his work in managing the company amid a company-wide push for employees to adopt agentic tech. ​According to a report from The Wall Street Journal on Sunday, citing sources close to the matter, Zuckerberg’s AI agent is still in development but already being used to help the CEO speed up information retrieval. Instead of going through multiple layers of people or teams to get the required information, the agent has been retrieving the information directly.  …

Solana (SOL) Drifts Lower, Is a Drop Below $85 Now Imminent?

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Solana failed to settle above $92 and extended losses. SOL price is now consolidating losses below $90 and might struggle to start a recovery wave. SOL price started a fresh decline below $90 and $88 against the US Dollar. The price is now trading below $88 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $85 or $80.…

Crypto, Stocks Slip on Iran and Trump Threats

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Crypto and the wider markets tumbled on Monday as the US and Iran escalated threats toward one another for the fourth week, sending oil prices seesawing.  US President Donald Trump posted to Truth Social on Sunday that the US would “hit and obliterate” Iranian power plants, “starting with the biggest one first,” if the country didn’t open the Strait within 48 hours. Iran responded by saying it will answer any US strikes on its power or water infrastructure with attacks on US and Israeli assets in the Gulf and threatened…

AI Agents Could End Web Advertising, says a16z Crypto

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Autonomous AI agent commerce could mean the end of online advertising as it is currently known today and shift the internet’s economic model, according to a16z Crypto. Since the dawn of the internet, buying goods or services typically involves navigating to online stores (some through online advertisements). However, Merit Systems co-founder Sam Ragsdale argues this could change if AI agents do the shopping in the future.  From 1997 to 2024, the business model for the internet was “distraction,” said Ragsdale in an a16z blog post on Sunday. “Humans reading a…

Ethereum Price Drops Toward $2,000, Pressure Mounts on Key Support

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Ethereum price started a sharp decline below the $2,220 zone. ETH is now consolidating above $2,020 and might aim for a recovery wave if it climbs above $2,110. Ethereum started a sharp decline below the $2,200 zone. The price is trading below $2,120 and the 100-hourly Simple Moving Average. There are two bearish trend lines forming with resistance at $2,120 and $2,165 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,165 resistance. Ethereum Price Turns Red…