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Coinbase’s Ethereum staking dominance risks overcentralization: Execs


Coinbase’s emergence as the Ethereum network’s largest node operator raises concerns about network centralization that could worsen as institutional adoption accelerates, industry executives told Cointelegraph. On March 19, Coinbase published a report disclosing that the...

Would GameStop buying Bitcoin help BTC price hit $200K?


Despite strong institutional demand, Bitcoin (BTC) has struggled to reclaim the $100,000 level for the past 50 days, leading investors to question the reasons behind the bearishness despite a seemingly positive environment. This price weakness is particularly intriguing given the US Strategic...

How long will Bitcoin’s price consolidation last?


Bitcoin (BTC) price has been consolidating in a wide range between $76,600 to $87,500 since March 11. According to technical and onchain indicators, Bitcoin’s consolidation may continue for some time. The key question that remains is when Bitcoin will break out of the current multiweek...

Bitcoin ETFs log first net inflows in weeks, while Ether outflows continue


Spot Bitcoin exchange-traded funds (ETFs) in the US snapped a five-week net outflow streak in the trading week ending March 21.Bitcoin (BTC) ETFs clocked a net inflow of $744.4 million — the biggest tally in eight weeks — extending their daily inflow streak to six consecutive days...

Dohrnii Labs accuses Blynex of illegally liquidating token assets


Learn-to-earn platform Dohrnii Labs filed a police report in the United Arab Emirates accusing local crypto exchange Blynex of liquidating its tokens without authorization and failing to deliver a promised loan. According to a statement shared with Cointelegraph, Dohrnii Labs deposited...

DWF Labs launches $250M fund for mainstream crypto adoption


Dubai-based crypto market maker and investor DWF Labs launched a $250 million Liquid Fund to accelerate the growth of mid- and large-cap blockchain projects and drive real-world adoption of Web3 technologies.DWF Labs is set to sign two investment deals worth $25 million and $10 million as part...

RSI breaks 4-month downtrend: 5 things to know in Bitcoin this week


Bitcoin heads into the end of Q1 near two-week highs as trader sentiment diverges from improving technicals.Bitcoin (BTC) market participants are positioned for a fresh BTC price dip, which could even form new multimonth lows.PCE week coincides with the last full trading week of March, and risk...

Why is Bitcoin price stuck?


Bitcoin (BTC) price has been oscillating inside the $82,400-85,300 range since March 14 as breakouts in both directions have been short-lived, as shown below.BTC/USD four-hour price chart. Source: TradingViewKey factors behind Bitcoin’s flat price action include:Unpredictable US economic...

Bitfinex Bitcoin longs hit 6-month high — Will BTC price follow?


Bullish Bitcoin (BTC) positions using leverage on the Bitfinex exchange surged to their highest level in nearly six months, reaching 80,333 BTC on March 20—equivalent to $6.92 billion. The 27.5% increase in Bitcoin margin longs since Feb. 20 has fueled speculation that the 12.5% BTC price...

Bitcoin Coinbase premium returns — Is $90K BTC price in the cards?


The Bitcoin (BTC) Coinbase premium index reached its highest level since Feb. 20 after BTC prices rallied 5% on March 19. Bitcoin’s Coinbase premium index. Source: CryptoQuantReturn of Coinbase premium highlights Bitcoin accumulationThe Coinbase premium index measures the price difference...

South Korea raids Bithumb amid ex-CEO’s alleged $2M embezzlement


South Korean prosecutors raided crypto exchange Bithumb following suspicions that its former CEO embezzled funds to purchase an apartment. On March 20, Seoul’s Southern District Prosecutors Office reportedly searched Bithumbs offices in the country. The investigation centered around...

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