Day: March 13, 2026

Key BTC Price Levels to Watch Above $74K

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Bitcoin (BTC) price rallied close to a monthly high near $74,000, posting a 10.42% weekly gain, its strongest seven-day return since September 2025.  The spot market activity, exchange-traded fund (ETF) flows, and corporate-level BTC accumulation suggest a positive shift in demand, as analysts monitor whether the renewed buying pressure can support a rally to higher price levels.  Bitcoin Coinbase premium gap flips after 10 weeks Crypto analyst IT Tech noted that the Coinbase premium gap, which measures the price difference between Bitcoin on Coinbase and global exchanges, currently reads +35.4,…

Elon Musk removes more xAI founders during restructuring ahead of potential IPO

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Elon Musk has forced out additional xAI co-founders and employees as the startup reorganizes after being acquired by his aerospace company, SpaceX, ahead of a potential initial public offering. xAI has been undergoing internal restructuring since mid-February after the merger. Musk confirmed several staff departures during an all-hands meeting last month, after co-founders such as Tony Wu and Jimmy Ba left the company, reducing the original founding team from 12 members to six. The founding team has now dwindled to two members as frustration mounts over xAI’s coding division, according…

Bitcoin Bounces Off $74K Resistance As Bulls Pile Into BTC, Altcoins

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Key points: Bitcoin turned down from the $74,000 level, indicating that the bears remain sellers on rallies. Several major altcoins are showing strength and are likely to break above their immediate resistance levels. Bitcoin (BTC) turned down from the $74,000 level, indicating that the bears are vigorously defending the level. Glassnode said in its latest Week On-chain newsletter that BTC is stuck between the realized price (average acquisition cost of all circulating supply) at $54,400 and true market mean (the cost basis of actively transacted coins) at $78,000. Rally attempts…

XRP Tests Macro Trendline As Market Eyes Next Expansion

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Bloomberg Strategist Warns of 2008 Replay for Global Markets

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As the conflict involving Iran drags on and global energy supplies risk prolonged disruption, most financial assets are likely to behave like risk assets, according to Bloomberg Intelligence strategist Mike McGlone in a recent interview with Cointelegraph. Despite major price swings across commodities, stock market volatility has remained relatively low, a divergence McGlone considers unsustainable. Historically, such imbalances tend to resolve through increased volatility in equities — often during broader market corrections. That unusual volatility dynamic is also showing up in gold, a market traditionally viewed as a safe haven.…

Ethereum Foundation Outlines Ethos and Responsibilities in New Mandate

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The Ethereum Foundation, the non-profit organization that stewards the development of the Ethereum ecosystem, published its mandate on Friday, reaffirming its role and the core pillars of Ethereum. The Ethereum Foundation’s two stated goals are that Ethereum remains decentralized and that users have a “final say” over their onchain assets and data, while the protocol achieves mass scale, according to the mandate. Censorship resistance, open source code, privacy, security, and freedom-preserving technology are the core properties of Ethereum that will be upheld, the mandate, the document said. Source: Ethereum Foundation…

Ex-JP Morgan and Dresdner Kleinwort traders launch crypto prop platform

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Velotrade, a Hong Kong-based firm founded by former institutional derivatives traders from JPMorgan and Dresdner Kleinwort, has unveiled its funded trading platform that provides traders with capital while sharing profits based on performance, according to a Friday statement. Crypto proprietary trading is a model that allows traders to trade digital assets using capital provided by a proprietary trading firm rather than their own funds. To access a funded account, most retail models require traders to pass a challenge that evaluates profitability and risk discipline. If successful, traders will receive a…

Watch These ETH Price Levels Next

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Ether (ETH) traded about 30% below its yearly open of $2,990, as traders grow increasingly risk-averse amid a global conflict and macroeconomic uncertainties. Still, stronger network usage and increasing inflows into ETH accumulation addresses could provide a spark that may see the price finally break $2,200 resistance. Key takeaways: ETH held in accumulation wallets has risen 32% since January, showing strong long-term confidence. Staked ETH reaches a record 37.85 million, representing over 30% of supply. Analysts say Ether bulls must reclaim $2,200 as support  6.5 million ETH increase in accumulation…

KuCoin Introduces Perpetual Futures Tied to Tesla and Strategy stocks

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Crypto exchange KuCoin has launched equity-linked perpetual derivatives tied to stocks, including Tesla and Strategy, allowing traders to speculate on their price movements through USDt-settled contracts that trade around the clock. According to Friday’s announcement, the first listings include TSLAUSDT and MSTRUSDT perpetual contracts, which track price movements in the underlying equities but do not grant ownership of the shares. Instead, the products are synthetic derivatives settled in stablecoins. The contracts have no expiration date and can be traded continuously. Positions can be opened with as little as 1 USDt…

AI Power Demand Fuels Nuclear Revival — Bitcoin Miners Were Early Adopters

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Nuclear power is gaining renewed attention in the United States as artificial intelligence and data center expansion drive demand for reliable, large-scale electricity. According to the latest Miner Weekly newsletter from TheEnergyMag, recent annual filings suggest that major utilities and power producers believe the United States may be entering a “nuclear renaissance.” The publication cited recent annual filings showing that utilities are linking the revival to long-term power contracts with AI hyperscalers such as Microsoft, Amazon and Meta Platforms. Rather than relying solely on renewable energy credits to offset emissions,…