Author: driver789

The 2022 Bitcoin crash has been one for the history books, where the price went from $69,000 to $16,000 before hitting a bottom. Being the most recent bear market before the current cycle, there have been a lot of comparisons between the current trend and the previous one. So far, while the Bitcoin price has tried to hold up against the bears, there have been similarities to the 2022 bear market cycle that could suggest a repeat of such a crash. The Similarities That Say Bitcoin Price Might Crash Further A pseudonymous crypto analyst who goes by the name Sherlock…

Tokenized stocks have surpassed $1 billion in total value on-chain, marking a new milestone for the fast-growing real-world asset (RWA) sector.Data from RWA.xyz shows the value of tokenized equities climbing past the $1 billion mark, as platforms offering blockchain-based exposure to traditional stocks attract more trading activity and liquidity.Much of that activity is concentrated among a small number of players. RWA.xyz data and a report released Tuesday by Foresight Ventures show Ondo as the largest tokenized stock platform by value, while xStocks products account for another significant share of the market.On Tuesday, Foresight Ventures released a report arguing that the…

Bitcoin price traded near $69,000 on Monday, stabilizing after last week’s brief rally and then sell-off into the weekend. The cryptocurrency has remained resilient even as traditional equities and oil markets experience sharp swings. Bitcoin price remains confined to the $62,500–$72,000 range following February’s sharp decline, with repeated attempts to break above $72,000 failing, according to Bitfinex analysts.  A high of $74,047 on March 4 marked a brief breakout for the bitcoin price, but momentum could not be sustained, and the move was quickly reversed. The March 6 spike in negative realized profits of around $900 million shows that many…

The team behind the L1 network Sonic has unveiled the US Sonic Dollar (USSD), a dollar-denominated “stablecoin.” The asset is backed by U.S. Treasury bonds from BlackRock, Superstate, and WisdomTree. Introducing USSD, the US Sonic Dollar.A network-native USD stablecoin built to be the stable liquidity layer across the Sonic ecosystem and a core piece of our vertical integration initiative.Built on @fraxfinance’s infrastructure. Backed 1:1 by U.S. Treasury bills from… pic.twitter.com/4S0RZQQanm— Sonic (@SonicLabs) March 9, 2026 “Stablecoins are the ‘monetary layer’ of on-chain finance. […] If Sonic wants to be more than just a place for deploying applications, it needs a…

US spot Bitcoin exchange-traded funds posted net inflows on Monday, snapping a two-session stretch of outflows as Bitcoin rose toward $70,000 and investor demand returned to the largest cryptocurrency.Spot Bitcoin (BTC) ETFs recorded $167 million of inflows on Monday, following around $577 million in outflows on Thursday and Friday, according to SoSoValue data.Daily flows in US spot Bitcoin ETFs by issuer since March 2. Source: SoSoValueDemand was weaker across other crypto-linked ETFs. Altcoin funds experienced significant selling pressure, with outflows persisting across Ether (ETH), XRP (XRP) and Solana (SOL) ETFs even as the underlying tokens rose 3-5% over the past…

SharpLink reported a $734.6 million net loss for 2025, largely driven by unrealized losses tied to fluctuations in Ether’s market price, even as the company’s staking operations generated record rewards. Summary SharpLink reported a $734.6 million net loss in 2025, mainly due to unrealized losses tied to ETH price volatility. The company generated 14,516 ETH in staking rewards since launching its Ethereum treasury strategy in June 2025. SharpLink held 864,597 ETH by the end of 2025, positioning itself among the largest publicly traded ETH holders. In its full-year financial results released Monday, the Miami-based firm said the loss was primarily…

Decentralized exchange Hyperliquid’s permissionless platform, which lets anyone create perpetual futures tied to any asset, is more popular than ever. Since its debut on Oct. 13, the so-called HIP-3 market has steadily gained traction, with open interest — the total value of all active contracts — hitting a record $1.2 billion on Sunday, according to data source ASXN. It has since remained at all time highs in a sign of growing adoption and activity on the platform.The growth has been driven by booming activity in futures tied to equities and commodities, including oil, gold, and silver. It highlights how decentralized…

Arthur Hayes is making a high-conviction bet on Hyperliquid, arguing in a new essay that HYPE could climb to $150 by August 2026 even if the broader crypto backdrop stays weak. His case rests on a familiar exchange-token playbook, but updated for a market where decentralized perps, not centralized venues, are increasingly capturing the most valuable trading flow. Why Hayes Thinks Hyperliquid Can Reach $150 Hayes frames Hyperliquid as the standout asset in a sluggish or sideways market because exchanges can keep generating fees regardless of whether prices are rising. In his telling, that matters even more for Hyperliquid because…

Ethereum co-founder Vitalik Buterin has revealed the Ethereum Foundation used a simplified distributed validator technology called DVT-lite to stake 72,000 Ether in February, tech he says could make staking for institutions much easier. “My hope for this project is that in the process, we can make it maximally easy and one-click to do distributed staking for institutions,” said Buterin on X on Monday. Buterin explained that with DVT-lite, users can “choose which computers run their nodes, make a config file where they all have the same key, and then from there everything gets set up automatically.”DVT-lite is a simplified form…

Payward, the parent company of cryptocurrency exchange Kraken, has partnered with Nasdaq to build a gateway connecting traditional stock markets with blockchain networks. The project will use Payward’s xStocks platform to move tokenized equities between regulated institutional markets and permissionless decentralized finance (DeFi) networks in regions where the service is approved, Kraken said.  In short, tokenization turns financial assets, like stocks, bonds, or funds, into digital tokens that can operate on blockchain networks. For equities, tokenization allows shares to maintain their usual rights, including voting and dividends, while also being traded on digital networks or integrated into financial applications built…