Bitcoin was pushed above the $68,000 level, but the move lacked confidence as bulls struggled to hold the price at higher levels. All attempts to build momentum succeeded and the tape began to show a clear distribution. As March draws to a close, bears are predicting a weak monthly close, which could lock in a sixth straight month in the red. This is something we haven’t seen since the 2018 bear market. This kind of structure makes traders cautious. Many are currently viewing the uptrend as a short-term relief rally rather than the start of a sustained trend reversal. On-chain…
Author: Crypto Flexs
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Shares of U.S. tech and AI giants including Meta, Microsoft and NVIDIA tumbled after Iran’s Islamic Revolutionary Guard Corps threatened military action against regional bases. summation US tech stocks including Meta, Microsoft and Nvidia plunged after Iran designated 18 US companies as potential military targets. Outages at AWS data centers in the Middle East have impacted AI and cloud services, raising concerns about operational risks to critical infrastructure. AI-linked cryptocurrency tokens such as TAO, NEAR, and ICP fell 4-6% as geopolitical tensions spread to the digital asset market. On April 1, 2026, the IRGC officially designated 18 American companies as…
The world of cryptocurrency is as dynamic as it is exciting, and Bitcoin has established itself as a flagship asset in the digital currency market. Recent fluctuations have made Bitcoin’s price dynamics a focus for investors and analysts alike. After breaking through impressive heights of nearly $67,000, Bitcoin has experienced a downtrend that has sparked widespread speculation and analysis of a potential bottom of its price range. Within this volatile scenario, numerous price models suggest a stabilization area between $40,000 and $50,000. This range presents a potential golden opportunity for contrarian investors looking to position themselves strategically in anticipation of…
Tether’s USAT stablecoin, a regulated U.S. market digital dollar, is leaving the Ethereum mainnet for the first time and landing on Celo, a mobile-first Ethereum layer 2 network with 14 million Opera MiniPay wallet users already transacting in over 66 countries. This is not a minor technical footnote. This is a direct pipeline from the regulated dollar infrastructure to one of the most active real-world stablecoin ecosystems on-chain today. Tether announced the expansion on March 31, 2026, with Google Cloud providing infrastructure support and Celo governance expected to vote on activating USAT as the network’s primary gas currency. Celo already…
The price of Ethereum showed a steady recovery above $2,000. ETH is currently consolidating above $2,050 and could target further gains. Ethereum started a significant uptrend in the $1,935 area. The price is trading above $2,020 and the 100-hour simple moving average. On the ETH/USD hourly chart (data feed via Kraken), a breakout occurred above the main bearish trend line with resistance at $2,060. A stay below the $2,150 resistance could start a new downtrend. Ethereum price recovery attempt Ethereum price failed to stay above $2,050 and, like Bitcoin, losses widened. The price of ETH fell below $2,020 to $2,000…
Victoria, Seychelles, March 31, 2026, Chainwire BYDFi, a global cryptocurrency trading platform, will celebrate its 6th anniversary with a month-long celebration starting April 1, 2026. This highlights BYDFi’s evolution into an all-in-one cryptocurrency trading platform built on the CEX + DEX dual-engine model. Over the past six years, BYDFi has continuously strengthened its product infrastructure, user protection, and market access, forming a platform built for reliability. BYDFi’s evolution: from core trading to broader market access Over the past six years, BYDFi has expanded into a global cryptocurrency trading platform serving more than 1 million users in over 190 countries and…
join us telegram A channel to stay up to date on breaking news coverage As selling pressure mounted, the price of Ethereum fell 4% over the past 24 hours to around $2,744, with veteran trader Peter Brandt warning that the decline in Ethereum may not be over yet. Brandt points to the collapse of a symmetrical triangle on the 24-hour Ethereum chart. He explains that this pattern, when confirmed, is a well-known bearish signal that often leads to further losses. According to him, this analysis indicates that sellers remain in control, especially in an environment of poor market liquidity and…
Bitcoin BTC$67,446.83 It’s up 2% this week, but unstable supply-demand dynamics and rising “real” interest rates could limit the rally.Last week, CoinDesk pointed out that institutional indifference is reappearing as inflows into physical ETFs decline. Moreover, stablecoin growth has stalled, signaling a lack of new fiat inflows.This figure appears surprising compared to the supply or daily issuance of BTC from mining activity. On average, approximately 450 new BTC will be mined per day under the current issuance schedule, which is based on a protocol that generates new blocks approximately every 10 minutes, resulting in a reward of 3.125 BTC per…
Bitcoin is approaching its March monthly close with six consecutive months in the red as macro headlines keep risk-off sentiment at the forefront. Recent price action saw BTC testing the $65,000 region earlier in the week, with traders eyeing $67,500 to $68,000 as near-term resistance and a lack of sustained demand to spark a durable bounce. The backdrop is a combination of geopolitical frictions over Iran and inflation and growth concerns, which are driving down stock markets and retreating expectations of aggressive easing from the Federal Reserve.BTC is close to critical levels. A move back above the $68,000-$69,000 area would…
Bitcoin price failed to maintain above $70,500 and fell further. BTC has currently consolidated below $70,500 and could continue to fall. Bitcoin began a new downward trend above the $71,200 level. The price is trading below $70,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a bearish trendline forming at resistance $70,050. If it stays below the $70,000 and $70,500 levels, the pair could begin another decline. Bitcoin price falls further Bitcoin price failed to continue rising above $72,000 and reacted to the downtrend. BTC pared its gains and fell…