Author: driver789

Crypto analyst Crypto Patel has revealed an Ethereum accumulation roadmap indicating the altcoin could rally as high as $20,000. This comes as ETH continues to struggle around the $2,000 level amid the U.S.-Iran war, which has dragged on for almost a month now.  Analyst Reveals Ethereum Accumulation Roadmap With $20,000 Price Target In an X post, Crypto Patel revealed Ethereum’s accumulation roadmap, in which he described the $1,800 to $1,400 range as the best accumulation zone. He highlighted $4,700 as the major resistance and breakout level. Meanwhile, the targets for ETH are $10,000, $15,000, and $20,000.   Related Reading His accompanying…

Crypto stocks are getting hit hard Friday as weakness in U.S. equities rippled through high-risk assets, driving bitcoin BTC$66,278.04 below $66,000.Crypto exchange Coinbase (COIN) and digital asset conglomerate Galaxy (GLXY) dropped nearly 7%, while exchange Gemini (GEMI) slid almost 9%, marking one of the steepest losses in the group. Crypto-friendly broker Robinhood (HOOD) also fell nearly 6% as increasing its stock buyback pace offered little help in arresting the downtrend.Bitcoin-linked balance sheet plays also moved lower. Strategy (MSTR) and Twenty One Capital (XXI) plunged about 6%. Ethereum-focused treasury names such as Bitmine Immersion (BMNR) and Sharplink Gaming (SBET) were down…

The latest Bitcoin (BTC) price drop has raised concerns about the cryptocurrency’s upcoming performance, with some analysts warning that BTC’s next key closes could signal the start of another major correction. Related Reading Bitcoin Risks Another Major Crash On Friday, Bitcoin plunged over 7% intraday to a three-week low of $65,700, raising concerns about the flagship crypto’s short- to mid-term performance. The cryptocurrency has been trading between the $65,000-$72,000 levels since the early February crash. After its latest drop, analyst Altcoin Sherpa noted that holding the current levels is crucial, as losing this boundary could quickly send BTC’s price 6%-10%…

BTC ($66,505.00 · Live)-Demand-1-1024×536.webp” class=”webfeedsFeaturedVisual wp-post-image” alt=”Morgan Stanley Bitcoin ETF” thumbnail=”” decoding=”async” >The post Bitcoin ETF Fees Comparison: Why Morgan Stanley is Going Cheaper appeared first on Coinpedia Fintech News Morgan Stanley’s proposed 0.14% fee is lower than competitors like BlackRock and Grayscale. Lower fees matter because they attract investors, but that’s only part of the strategy. By offering the cheapest option, Morgan Stanley makes it easier for its advisors to recommend their own product rather than sending clients’ money to other firms. How Morgan Stanley advisors could drive Bitcoin demand The bank has around 16,000 financial advisors managing trillions…

Spot Bitcoin exchange-traded funds (ETFs) snapped a four-week inflow streak, posting $296.18 million in net outflows for the week ending Friday.The reversal follows a sustained run of inflows totaling more than $2.2 billion across four consecutive weeks, including $787.31 million, $568.45 million and $767.33 million in early March, before slowing to $95.18 million in the prior week, according to SoSoValue data. The weekly outflow followed back-to-back daily withdrawals on Thursday and Friday totaling more than $396 million, including a $225.48 million outflow on Friday alone, their biggest day of redemptions since March 3, when they posted $348 million in outflows.…

Binance’s Ethereum reserves are sitting at their lowest point since 2020 — and that’s just one piece of a much bigger picture. Across the board, Ethereum held on exchanges has fallen to its lowest level since 2016, a shift driven by back-to-back withdrawals and a staking surge that is pulling coins deeper out of circulation. A Wave Of Withdrawals Across Major Platforms On March 22, crypto analyst Amr Taha flagged a $1.67 billion ETH withdrawal from OKX. Binance also recorded two separate outflows topping $300 million earlier in the quarter. Those moves didn’t happen in isolation. Data from analyst Arab…

Ripple is overhauling how it secures the XRP Ledger, and AI is at the center of the effort.Its engineering team outlined a new AI-driven security strategy for the XRP Ledger in a detailed post earlier this week, one that integrates machine learning tools across the protocol’s entire development lifecycle. The strategy includes AI-assisted code scanning on every pull request, automated adversarial testing guided by threat models, and a dedicated AI-assisted red team that continuously analyzes the codebase and how features interact in real-world scenarios.A newly-created ‘red team’ has already identified more than 10 bugs, with low-severity issues disclosed publicly so…

New wallet creation in the Shiba Inu ecosystem has held steady at between 5,000 and 12,000 per month, pushing total holders past 1.50 million — a sign that retail interest has not dried up despite a rough stretch for the token’s price. Tokens Flow Back To Exchanges That growth figure, released by the Shibarium team, comes at an awkward time. On-chain data from CryptoQuant shows that nearly 40 billion SHIB tokens moved into exchanges over a 24-hour window ending March 26, with outflows failing to keep pace. The result was a positive netflow — a condition that typically signals more…

Ripple CEO Brad Garlinghouse said stablecoins will be the crypto sector’s “ChatGPT moment” for businesses in search of faster, more efficient payments, and that many companies are already discussing and strategizing how to implement stablecoins into their operations.“You have boards of directors and CEOs of companies, whether it’s Fortune 500 or Fortune 2000, they’re asking their treasurers, they’re asking their CFOs, hey, what are we doing with stablecoins,” Garlinghouse told FOX Business on Friday.“Giving the treasurer and the CFO that option is the unlock,” he said. Garlinghouse said this unlock would be “the ChatGPT moment of crypto” because it would be…

Bitcoin price fell below $66,500 on Friday, hitting its lowest level in more than two weeks as a wave of long liquidations and mounting macroeconomic stress weighed on the crypto market.. Data shows nearly $300 million in long positions were liquidated over the past 24 hours, according to Bitcoin Magazine Pro data, compared with roughly $50 million in short liquidations, pointing to an unwind of crowded bullish positioning in crypto futures. The imbalance reflects a market that had leaned heavily long and is now adjusting as sentiment shifts. The bitcoin price selloff coincided with a broader risk-off move across global…