Author: driver789

In this week’s edition of the weekly recap, Token2049 organizers postponed the Dubai edition until 2027 citing safety concerns from escalating Iran-Israel-U.S. tensions, Robinhood reported February crypto notional volumes increased 9% to $25 billion and the Ethereum Foundation published a formal mandate establishing its role as steward of a censorship-resistant, privacy-first protocol. Summary Token2049 Dubai postponed to 2027 due to Iran–Israel tensions. Robinhood crypto trading volume rose to $25B in February. Ethereum Foundation published a formal censorship-resistant mandate. Token2049 Dubai delayed amid regional conflict Event organizers postponed the Dubai edition until 2027 after citing safety concerns linked to rising geopolitical…

Traditional altcoin cycles, which featured broad market rallies called “altseason,” are now a relic of the past as new crypto market dynamics set in, according to Andrei Grachev, Managing Partner of DWF Labs, a crypto market maker and investment firm.Too many tokens competing for limited capital and mindshare, a smaller number of market participants, and crypto exchange-traded funds (ETFs) altering market dynamics by trapping liquidity are driving factors of the disruption, Grachev told Cointelegraph.An institutional focus on large-cap digital assets like Bitcoin (BTC), Ether (ETH) and tokenized real-world assets (RWAs) is also diverting capital and attention away from altcoins, he…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum Foundation (EF) announced that it has completed an over-the-counter (OTC) sale of 5,000 ETH over the weekend. According to the organization’s disclosure, proceeds from this sale will be directed towards its core operations and other activities. Ethereum Foundation Sells $10 Million In ETH To BitMine In a March 14 post on the social media platform X, the Ethereum Foundation said that it finalized a 5,000 ETH OTC deal, valued at roughly $10.21 million. The EF identified BitMine Immersion Technologies, the world’s largest corporate holder of…

Prediction markets have long promised to aggregate insights about future events. Increasingly, those signals are coming not just from people, but from machines.According to David Minarsch, CEO and co-founder of Valory AG, the team behind the crypto-AI protocol Olas, autonomous AI agents are emerging as powerful tools for trading prediction markets, particularly for retail users trying to compete in an increasingly automated environment.Valory builds products at the intersection of blockchain and multi-agent systems (MAS), and its current focus is Olas, formerly known as Autonolas. The protocol is designed as infrastructure for autonomous software agents that can run services on blockchains,…

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…

Regulatory uncertainty around stablecoins could place traditional banks at a greater disadvantage than crypto companies, according to Colin Butler, executive vice president of capital markets at Mega Matrix.Butler said financial institutions have already invested heavily in digital asset infrastructure but remain unable to deploy it fully while lawmakers debate how stablecoins should be classified. “Their general counsels are telling their boards that you cannot justify the capital expenditure until you know whether stablecoins will be treated as deposits, securities, or a distinct payment instrument,” he told Cointelegraph.Several major banks have already developed parts of the infrastructure needed to support stablecoins.…

Major Bitcoin holders have resumed accumulating the asset, potentially indicating a positive price trend reversal. These observations were shared by analysts at Santiment. This refers to wallets holding between 10 and 10,000 BTC ($71,638.00 · Live). This group of investors has increased their collective share of the market supply of the leading cryptocurrency to over 68%. Source: Santiment.  “Their recent shift to accumulation is a bullish signal,” the experts noted. They also pointed out that a local bottom for Bitcoin might form when the share of retail traders begins to decline significantly. This has not yet been observed. “Historically, markets…

Former U.K. Prime Minister Boris Johnson has called bitcoin BTC$71,586.93 a “giant Ponzi scheme,” prompting a swift rebuttal from Strategy chairman Michael Saylor and other netizens.In a column published in the Daily Mail and posted on social media platform X, Johnson wrote that he had long suspected cryptocurrencies relied on “a supply of new and credulous investors” rather than real value. He pointed to a story from his village in Oxfordshire about a retired man who handed £500 ($661) to someone in a pub who promised to double the money through bitcoin.According to Johnson’s account, the man spent three and…

The Bitcoin price has not particularly impressed over the past two weeks, but it appears to have steadied its movement within a clear consolidation range. In its latest attempt to shine, the premier cryptocurrency faced fierce resistance around $74,000 on Friday, March 13.  Interestingly, the latest on-chain data suggests that the $74,000 resistance might not be the barrier it appears to be. According to a prominent crypto analyst on the social media platform X, the Bitcoin price seems to have a free runway to return to above the $80,000 mark. BTC Price Has Free Runway To $82,000: Analyst Market pundit…

Large Bitcoin wallets are increasing their holdings again as the asset’s price holds around $71,000, according to crypto sentiment platform Santiment.“Their recent shift to accumulation is a bullish signal,” Santiment said in a report on Saturday, referring to wallets holding between 10 and 10,000 Bitcoin (BTC).“This is a positive reversal,” Santiment added. Santiment data shows wallets holding 10 to 10,000 Bitcoin (BTC) now control 68.17% of Bitcoin’s total supply, up from 68.07% seven days earlier.Santiment eyeing retail investor activitySantiment said that a potential local bottom in Bitcoin could be forming if whales continue accumulating while retail investors’ share of holdings…