Month: March 2026

ShapeShift founder Erik Voorhees doubles down on Ethereum with $49M investment: Onchain data

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ShapeShift founder and Bitcoin pioneer Erik Voorhees is continuing his Ethereum buying spree after restarting purchases following a year-long break. According to on-chain data tracked by Lookonchain, Voorhees on Sunday spent around $49 million acquiring 23,393 ETH. He still holds over 35 million USDT and is expected to buy more ETH. Erik Voorhees(@ErikVoorhees), an early #Bitcoin supporter and founder of ShapeShift, is buying ETH like crazy after a one-year break! He spent 49.08M $USDT to buy 23,393 $ETH at $2,098 through 2 wallets. He still holds 35.25M $USDT and may…

Bernstein Says Bitcoin Resilience Reflects Ownership Shift

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Bitcoin’s recent rebound reflects a strengthening base of long-term holders as ETF inflows and corporate treasury buying reshape the asset’s ownership structure, Bernstein said in a Monday research note shared with Cointelegraph. Bernstein said Bitcoin outperformed gold and major equity indexes over the past week despite heightened conflict in the Middle East, with Bitcoin (BTC) up around 7% and Ether (ETH) up about 9% over the period. Analysts attributed the shift partly to continued US spot Bitcoin exchange-traded fund (ETF) inflows and the steady accumulation of corporate buyers such as…

Crypto Funds Add $1B as Bitcoin and Ethereum Lead Gains

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Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a safe-haven asset. Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week, led by $793 million into Bitcoin (BTC), CoinShares reported on Monday. The inflows mark three consecutive weeks of positive flows totaling $2.7 billion, driving net inflows to around $1.2 billion year-to-date. CoinShares’ head of research, James Butterfill, said the rising momentum over the past few weeks underscores the resilience of digital assets, particularly Bitcoin, as…

Bitcoin Price Breaks Above 50-day SMA as Analysts See More Gains for BTC

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Bitcoin (BTC) found fresh strength during the early Asian trading hours on Monday as bulls eyed further short-term gains.  Key takeaways: Bitcoin price rises to a six-week high of $74,400 on Monday, liquidating $300 million in shorts. The 50-day moving average above $71,120 is a key support level to watch for BTC/USD going forward. Bitcoin leads market in new relief bounce Data from TradingView showed 2.5% daily BTC price gains, with BTC/USD rising as high as $74,400 for the first time since Feb. 4. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Ether…

Metaplanet secures $255M, targets $531M total raise to buy more Bitcoin

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Metaplanet, the Tokyo-listed investment firm pursuing a Bitcoin-focused treasury strategy, has raised approximately $255 million from global institutional investors as it advances its long-term Bitcoin accumulation goal. According to CEO Simon Gerovich, the company may receive up to $276 million more if certain warrants are exercised, giving total potential funding of around $531 million to support its plan to accumulate 210,000 BTC. Metaplanet has raised ~$255m from global institutional investors via a placement of new shares priced at a 2% premium, paired with fixed-strike warrants at a 10% premium that…

Bitcoin Battles Macro Nerves and $75K Sellers This Week

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Bitcoin (BTC) starts the third week of March fighting for a breakout after a trip to near $75,000. BTC price action delivers a strong weekly close, but bulls have a lot of work left to do. Analysis warns that the Bitcoin bear market is still in place, along with a recent death cross. Macro conditions present multiple volatility catalysts as the Federal Reserve interest-rate decision nears. Gold’s comparative weakness in recent weeks is fueling the Bitcoin rotation debate. Multiple market signals are giving cause to reevaluate future price strength. Traders…

Australian Senate Committee Backs Digital Assets Framework Bill

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Australia’s Senate Economics Legislation Committee has backed a bill that would require crypto exchanges and tokenization platforms to comply with the country’s existing financial services regime, recommending that the Corporations Amendment (Digital Assets Framework) Bill 2025 be passed.  The move on March 16 brings Australia a step closer to a bespoke licensing framework for “digital asset platforms” (DAPs) and “tokenised custody platforms” (TCPs), aimed at closing gaps in oversight of platforms that hold customer assets following the collapses of high‑profile digital asset businesses, such as FTX. The bill, first introduced…

Bitcoin Miners Flee to AI as Hashrates Hit New Lows

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There’s a new debate over whether a continued pivot from Bitcoin miners to artificial intelligence could have an impact on Bitcoin security and its role as a store of value.  While some argue that miners fleeing the network would leave it more susceptible to a “51% attack,” others argue it will simply trigger the Bitcoin network to rebalance itself as designed, making it enticing for miners again. “AI has killed Bitcoin forever,” said crypto trader Ran Neuner on Sunday, arguing that it has become Bitcoin mining’s biggest competitor because both…

SEC Drops Case Against BitClout Nader Al-Naji

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The US Securities and Exchange Commission (SEC) has dropped its two-year-long case against the founder of the blockchain-based social media platform BitClout, Nader Al-Naji.  In the joint dismissal stipulation filed in the US District Court for the Southern District of New York last Thursday, the SEC cited the crypto task force, which was tasked with developing a regulatory framework for crypto in January 2025, and a “reassessment of the evidentiary record” as the basis for dismissal. However, the regulator cautioned in a statement that this case outcome doesn’t necessarily mean…

Dogecoin (DOGE) Strength Builds as Traders Anticipate Breakout

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…