Month: March 2026

BTC Performance Driven By Individuals While Central Banks Drive Gold Price

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The divergence between gold and Bitcoin (BTC) in 2026 can be explained by two distinct segments of buyers, according to Stephen Coltman, head of macro at crypto exchange-traded product (ETP) provider 21Shares. Gold’s rally over the last three years has been primarily fueled by central bank buying, while Bitcoin is more widely held by individuals than financial institutions, Coltman told Cointelegraph. He said: “Physical gold has a greater geopolitical strategic role currently, as the asset of choice for state actors who want to store wealth in a way that is…

Current Bitcoin Price Correction Is ‘Garden Variety’

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The current Bitcoin (BTC) bear market can be explained by the four-year cycle and long-term BTC holders selling at the $100,000 psychological level, according to Anthony Scaramucci, managing partner of the SkyBridge investment firm. Bitcoin’s four-year market cycle has been “muted” by institutional investors and inflows from BTC exchange-traded funds (ETFs) that have cushioned volatility, Scaramucci said, but the altered market dynamics have not fully erased BTC’s traditional cycles. He said: “We’re in a four-year cycle, and there were some traditional whales, some OG’s, that believe in the four-year cycle,…

Bitcoin Returns to its 200-Week Trend Line for a Bearish Weekly Close

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Bitcoin (BTC) traded below $69,000 on Sunday as the market faced a critical weekly candle close. Key points: Bitcoin approaches its 200-week trend line after sinking throughout the weekend. BTC price action leaves traders firmly bearish on the immediate and long-term outlook. A golden cross on the daily chart may provide some relief, analysis says. Bitcoin returns to “unreliable” support Data from TradingView showed BTC price action circling a key trend line after a weekend dip to near $68,000. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bearish momentum entered into Saturday’s daily…

Fidelity Requests More Clarity From SEC on Tokenized Assets and DeFi

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Fidelity Investments told the US Securities and Exchange Commission (SEC) on Friday that it should continue to develop the regulatory framework for broker-dealers to offer, custody and trade crypto assets on alternative trading systems (ATS). The letter from the US’ third-largest asset manager was in reply to a call for comments earlier this month by the regulator’s Crypto Task Force. Fidelity said it is “critical” for the SEC to develop a comprehensive regulatory framework and clear rules of the road for tokenized securities trading, including rules for trading tokenized securities…

Resolv Says No Assets Lost After USR Stablecoin Exploit

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Resolv Labs moved Sunday to reassure users after an exploit hit the issuance mechanics of its USR stablecoin, knocking the token off its dollar peg and prompting decentralized finance (DeFi) protocols with exposure to move quickly to contain any fallout. Cointelegraph reported earlier Sunday that an attacker exploited USR’s minting mechanics, creating tens of millions of unbacked tokens and dumping them through DeFi pools, which broke the stablecoin’s peg and prompted Resolv to pause protocol functions as it assessed the damage. The token dropped as low as $0.14 (86% below…

Bitcoin’s Growing US Stocks Correlation Triggers 50% BTC Price Crash Setup

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Bitcoin (BTC) erased much of its US-Iran war-driven gains this week, moving back in sync with the broader downtrend in risk assets, mainly US equities. Key takeaways: Bitcoin’s positive flip in S&P 500 correlation has historically preceded average declines of around 50% since 2018. BTC is exposed to a broader risk-asset sell-off due to rising macro pressure. As of Sunday, BTC/USD had fallen 5.65% week-to-date to about $68,700, while the S&P 500 (SPX) closed the week down 1.90%. BTC/USD weekly chart. Source: TradingView That renewed correlation is now signaling a…

CoinDCX Founders Questioned as Exchange Blames Impersonation Scam

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Indian crypto exchange CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal have reportedly been arrested in India following a police complaint alleging their involvement in a crypto investment fraud. The Economic Times reported Saturday that the pair were arrested by the Thane Police on allegations of criminal breach of trust, citing local officials. Other local media, including Entrackr, reported that the founders had been called for questioning rather than arrested. The case reportedly centers on a website that allegedly posed as the CoinDCX platform and stemmed from a first information report…

Hawk Tuah Girl Warns Others To Stay Clear of Crypto in Latest Interview

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Hailey Welch, the online social media influencer, popularly known as the “Hawk Tuah girl,” said that the implosion of the “HAWK” memecoin, which she promoted in 2024, and the ensuing social backlash “traumatized” her. “I got talked into doing something that I didn’t know anything about, really, but you’ve got to be really careful what you put your name on,” Welsh told Andrew Callaghan of the Channel 5 YouTube channel on Friday. Welsh said she fully cooperated with a Federal Bureau of Investigation (FBI) probe in 2025, which cleared her…

XRP Macro Pattern Points To $22 Target – Details

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Prominent market analyst and XRP enthusiast Egrag Crypto has shared another bullish prediction on the fourth-largest cryptocurrency, tipping a potential price surge to $22. This prediction comes amid a calm movement in the XRP market after prices suffered a rejection at the $1.60 price level earlier in the week. XRP Set For Price Expansion Despite Pullback – Here’s Why In an X post on March 31, Egrag Crypto outlines a budding bullish pattern in the XRP market, highlighting key factors such as triggers, rationale, probability moves, and invalidation zones. The…

Resolv Labs’ Stablecoin Depegs Amid Exploit

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A stablecoin tied to the crypto project Resolv Labs has lost its peg to the US dollar after an attacker was able to exploit the token’s contract to create millions of tokens for themselves. Resolv Labs posted to X on Sunday that it had experienced an exploit that allowed an attacker to mint 50 million unbacked Resolv USR (USR). “The team has currently paused all the protocol functions to prevent further malicious actions and is actively working on recovery,” it added. The X account “yieldsandmore” had posted to the platform…