Cryptocurrency - Page 69 of 151

Ether’s Supply Dips to 10-Year Low—Will This Spark a Massive Price Surge?

Ether’s supply on crypto exchanges has plummeted to its lowest level since November 2015, sparking speculation that a major price rally could be imminent. According to crypto analytics platform Santiment, the available supply of ETH has dropped to 8.97 million, marking a near decade-low. This decline suggests that investors are moving their ethereum into cold storage wallets, signaling growing confidence in ETH’s future price performance.

The decrease in supply has led some analysts to predict an upcoming price surge, akin to what was seen with Bitcoin in January 2021 when Bitcoin reserves on exchanges hit a seven-year low before surging to new all-time highs. With demand potentially outpacing supply, some traders are forecasting a similar supply shock for ETH in the coming months.

Crypto trader Crypto General believes it’s only a matter of time before the “big supply shock” occurs, and commentator Ted predicts that this could lead to bidding wars among buyers. Meanwhile, other analysts have set lofty price targets for E, with one predicting ETH could soar as high as $8,000 to $10,000, which would represent a 64% increase from its all-time high of $4,878 reached in November 2021.

However, the bullish narrative is tempered by some bearish signals. Ether’s performance against Bitcoin is currently at its lowest in five years, and its price has fallen by 26% over the past month. Additionally, spot Ether ETFs have experienced 12 consecutive days of outflows, totaling $370.6 million.

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Final Thoughts on Ether

While some believe Ethereum could be at a generational bottom, others caution that the asset may continue to struggle in the short term. Will Ether’s declining supply lead to a massive rally, or is this just a temporary blip in an ongoing downtrend?

India’s Crypto Rebirth:5 New Staggering Opportunities

India’s Crypto Comeback, as Government Signals Policy Shift

India is reconsidering its crypto stance, prompting global service providers to re-enter the market.

Initially, the Indian government planned to release a consultation paper on crypto regulations after its G20 presidency in 2023. However, Ajay Seth, Secretary of India’s Department of Economic Affairs, recently stated that the framework must be recalibrated due to evolving global trends.

#BudgetRoundtable2025 | Ajay Seth: Crypto Discussion Paper To Be Released In Next Couple Of Months

Since 2022, India’s strict tax regime—30% on crypto income and 1% tax deducted at source—has deterred traders and led to a decline in trading volumes. Platforms like WazirX saw a 90% business drop, prompting relocation to Dubai.

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However, with policy shifts on the horizon, major exchanges are re-entering India. Coinbase registered with India’s Financial Intelligence Unit on March 11, following Binance, Bybit, and KuCoin.

This recalibration aligns with a global trend of pro-crypto regulation. In February, Hong Kong introduced stablecoin regulations and approved crypto ETFs. In March, Australia launched new digital asset governance and licensing rules.

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India’s crypto ecosystem is evolving stance may soon make it a key player in the global crypto market.

KEKIUS Skyrockets 88% After Elon Musk’s X Post—Is This the Next Big Meme Coin?

Elon Musk Sends Kekius Maximus (KEKIUS) Up 88%—W or Pump & Dump?

Another day, another Elon Musk-fueled meme coin rally. This time, KEKIUS, an Ethereum-based meme token, skyrocketed 88% in a single day, with trading volume exploding 197% to hit $24.01M.

🐸 KEKIUS & PEPE Pop Off

It wasn’t just the token feeling the Musk effect—Pepe (PEPE) also saw a 7% pump, standing out from the otherwise bleeding memes on market.

The reason? His latest X post. He dropped a framed photo of “Kekius Maximus,” a mashup of Pepe the Frog and Maximus from Gladiator, sitting next to a DOGE plaque and a MAGA cap on his desk.

🚀 Instant pump. Millions traded. Twitter in chaos.

📉 Musk’s Meme Coin Magic—But for How Long?

This isn’t his first meme coin market manipulation moment. Back in December 2024, he temporarily changed his X name to the platform itself, sending the token soaring—only for it to crash back down when he switched it back.

Now, it is sitting at $0.0287, still up 83% in 24 hours, according to CoinGecko. But with coins on memes, it’s all vibes and volatility—so is this just another temporary hype cycle?

🎭 Meme Coins = High Risk, High Reward

These coins live and die by the trends, and no one moves markets like him (you know who) . Whether the token keeps flying or dumps back to zero depends on social media, sentiment, and more Musk tweets.

So, are you riding the wave, or sitting this one out?

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Strategy Raises $711M For an amazing Staggering BTC Move

Strategy Upsizes Stock Offering to $711M, Plans Bitcoin Buys

Strategy, has raised $711.2 million through an upsized preferred stock offering, significantly surpassing its initial $500 million target due to strong investor demand.

The company issued 8.5 million shares of 10.00% Series A Perpetual Strife Preferred Stock at $85 per share, with the sale expected to close on March 25. Net proceeds, after underwriting fees, total $711.2 million, with a substantial portion allocated for Bitcoin acquisitions.

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The preferred shares carry a 10% annual dividend, paid quarterly in cash. If a payment is missed, dividends will compound, increasing by 1% per quarter up to 18% per year. Strategy also retains the right to redeem shares under specific conditions, while holders can demand repurchase in cases of fundamental changes, like shifts in company control.

This marks Saylor’s second major capital raise in weeks. On March 17, the company disclosed a purchase of 130 BTC for $10.7 million using previous stock sale proceeds.

Committed to its Bitcoin treasury strategy since 2020, Strategy continues aggressive BTC accumulation while advancing AI-powered enterprise analytics tools.

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ORCA Amazing 170% Surge After Upbit Listing—Will The Madness Last?

ORCA Token Moons 170% After Upbit Listing—Can It Hold the Gains?

The ORCA coin just went full send after getting listed on Upbit, South Korea’s biggest crypto exchange. In the last 24 hours, it pumped 132%, smashing through its yearly highs and peaking at $5.10 before cooling off to $3.69.

Why ORCA’s Price Popped Off

Upbit dropped a bombshell on March 21, adding its trading pairs in KRW, BTC, and USDT. The hype was real—South Korean traders piled in, sending its market cap soaring to $195.95M (+131%) and 24-hour volume exploding 6893% to $441.54M.

To prevent crazy price swings, Upbit applied restrictions:
🔹 First 5 mins: Limited buy orders
🔹 First hour: Only limit orders were allowed
🔹 Sell orders capped at 10% lower than the previous close

This controlled trading strategy helped keep the coin’s price action somewhat stable despite the massive demand.

What’s Next for ORCA?

ORCA has been on a downtrend since hitting $7 in December, but this Upbit listing has reignited the fire. However, analysts warn that RSI levels indicate an overbought zone, meaning a retracement could be on the way.

Key price levels to watch:
📉 Support: $3.50
📈 Resistance: $4.50

If it holds above $3.50, it could consolidate and make another run at $5+. But if profit-taking kicks in, expect a dip before the next move.

TL;DR: The coin just went crazy thanks to Upbit, but can it keep up the momentum? Stay tuned for the next big move.

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TON Foundation Scores a Game-Changing $400M to Revolutionize Telegram Crypto

The Open Network Foundation (TON Foundation) just secured a massive $400 million in token-based investments from big-name VCs, signaling serious hype around the Telegram ecosystem.

Who’s Backing TON?

Heavyweights like Sequoia Capital, Ribbit, Benchmark, Draper Associates, Kingsway, Vy Capital, Libertus Capital, CoinFund, SkyBridge, Hypersphere, and Karatage are all in—scooping up Toncoin, the native crypto powering its blockchain.

Their Foundation calls this more than just an investment move; they see it as a strategic partnership to expand the TON ecosystem—though they’re keeping the details under wraps for now.

What’s TON Blockchain?

The TON blockchain is a decentralized network built for Mini Apps within Telegram. While originally a Telegram project, it’s now an independent chain. But there’s still a major link—This coin is the only accepted crypto for Telegram app services as of January 2024.

And the growth? Insane. The number of their native accounts exploded from 4 million to 41 million in just a year. The foundation claims it has over 121 million unique holders and aims to onboard 30% of active Telegram users within the next three years.

Telegram’s Rapid Growth 📈

Telegram is already a powerhouse, hitting 1 billion monthly active users by March 2024—doubling in less than three years (Source: Demandsage). And it’s not stopping anytime soon.

Benchmark partner Peter Fenton predicts Telegram’s user base will hit 1.5 billion by 2030.

VCs Are Going All-In on Crypto 💵

Venture capital funding is flooding into blockchain projects as the industry gains more legitimacy worldwide. Simon Wu, partner at Cathay Innovation, says crypto and blockchain are becoming legit solutions, especially in asset management, transactions, and tokenization.

And where there’s legit traction, capital follows.

📊 In February 2024, crypto VC deals hit $1.1 billion, with DeFi and business services getting the biggest chunk of funding (Source: Cointelegraph VC Roundup).

🚀 What’s Trending in VC Funding?

DeFi protocols
Decentralized physical infrastructure
Tokenized real-world assets

As more big names jump in, the TON ecosystem and the broader blockchain space are heating up. Expect some wild moves ahead.

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Insane : XDAO Makes 367K DAOs LEGAL—Game-Changer for Web3!

XDAO automates the legal recognition of DAOs, bridging Web3 with traditional legal systems.

XDAO is rewriting the rules for DAOs—literally! Built on The Open Network (TON), this game-changer has already helped 367,000+ DAOs go fully legal. No more “gray area” headaches—it now automates legal recognition, making DAOs legit in the eyes of the law.

So, how does it work? Well, it has streamlined the DAO creation process, creating a framework where sub-entities interact legally under its constitution. Plus, all disputes can be settled in Singapore courts, where XDAO Labs is registered.

The wildest part? Signing contracts via Telegram bots! Yep, DAOs can sign legally binding docs straight from their Web3 wallets using their Telegram integration. Smart, right? Of course, there are limits—it won’t fly for real estate or securities deals. But for most DAO agreements? It’s golden.

⚖️ And if things get messy? Smart contract compliance comes in clutch. Arbitration agreements can be made through Docusign, Ethsign, or even Telegram itself. If a settlement is needed, an arbitrator can be added to the DAO and get a decisive key vote to finalize payments.

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XDAO: The Bridge Between Web3 and the Legal World

Bottom line: XDAO is taking DAOs from experimental to lawfully recognized entities, bridging Web3 and legal systems. The future of decentralized governance? It just got real. Keep watching.

Want to learn more about XDAO and its groundbreaking work? Click here

Breaking News: Trump Becomes 1st US President to Speak at Crypto Event

President Donald Trump addressed the Blockworks Digital Asset Summit, marking the first time a sitting US president has spoken at a crypto event. His remarks reaffirmed support for stablecoins and a pro-crypto regulatory shift.

Trump Becomes First US President to Address a Crypto Conference

President Donald Trump has made history by becoming the first sitting US president to speak at a crypto conference. In a pre-recorded message at the Blockworks Digital Asset Summit on March 20, he pledged support for the industry, stating his administration aims to make the US the “crypto capital of the world.”

Trump praised recent regulatory shifts and emphasized the role of digital assets in enhancing the banking system, privacy, security, and economic growth. He also highlighted the importance of stablecoins, stating they would help maintain the dominance of the US dollar globally.

His administration has taken multiple pro-crypto steps, including signing executive orders to establish a Bitcoin strategic reserve and commission the Working Group on Digital Assets.

Mixed Reactions to White House Crypto Summit

Earlier this month, Trump also hosted the first-ever White House Crypto Summit on March 7, where industry leaders discussed the future of crypto regulation. Treasury Secretary Scott Bessent emphasized the need for stablecoin regulation, positioning them as key to preserving the dollar’s global reserve status.

At the Blockworks event, Bo Hines, executive director of the Council of Advisers on Digital Assets, revealed that a stablecoin bill could reach Trump’s desk within two months.

Despite the historic nature of these developments, reactions have been mixed. Institutional investors saw them as a positive step, while retail investors and Bitcoin advocates were less enthusiastic. Bitcoin maximalist Justin Bechler criticized the summit as a platform for “rent-seeking lobbyists pushing surveillance tokens.”

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Following these events, Bitcoin’s price dropped by 7.3%, reflecting uncertainty around government involvement in the industry.

North Korean Hackers at It Again Shifts $3.76M in BTC: Exposed

Lazarus (North Korean Hackers) Moves $3.76M in Bitcoin Across Five Wallets

Lazarus( North Korean Hackers) has transferred $3.76 million worth of Bitcoin to five unknown wallets, raising concerns over potential laundering efforts.

On-chain data from Arkham Intelligence shows that the group’s Bitcoin holdings have now dropped to 13,441 BTC, valued at approximately $1.15 billion. On March 20, at around 9:18 AM UTC, a wallet associated with Lazarus sent 12.929 BTC ($1.12 million) to an unknown recipient. Over the next three hours, additional transactions included 14.849 BTC, 15.684 BTC, and two smaller transfers of 0.308 BTC each, totaling more than 44.07 BTC. Furthermore you can also check transaction details on here.

LATEST: Lazarus group transferred out 44.078 $BTC worth approximately $3.7 million 🕵️ pic.twitter.com/VdTtI0jlEF
— crypto.news (@cryptodotnews) March 20, 2025

The movement of funds suggests an attempt to obscure the trail, a common tactic among hackers looking to evade tracking.

Bybit CEO Ben Zhou previously stated that 88.87% of the funds stolen in the recent Bybit hack are still traceable. According to him, Lazarus has converted around $1.23 billion into 12,836 BTC, spreading it across 9,117 wallets. Zhou also noted that the hackers are likely using Bitcoin mixers to further complicate tracking efforts.

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Despite the focus on Bitcoin, Lazarus (North Korean Hackers) still holds significant assets in other cryptocurrencies. Their Arkham-labeled wallet contains 13,658 ETH (valued at $27 million), $3.17 million in BNB, and smaller holdings in DAI, Baby Doge Coin, and various stablecoins.

Lazarus has been conducting cyberattacks since at least 2009, with its latest heist being the massive $1.4 billion Bybit hack—one of the largest crypto thefts ever recorded.

BREAKING: Solana’s 1st Futures ETF Drops – Is a Spot ETF Coming in 2024?

Yo, Solana just hit a new level—futures ETFs are officially launching on March 20! Volatility Shares is dropping two of ‘em: SOLZ and SOLT. This could be the moment it levels up against Ethereum in the big leagues.

Industry pros say this move will pump up SOL’s demand and liquidity, making it a solid competitor to ETH. But there’s some doubt too—remember how spot Ether ETFs kinda flopped compared to Bitcoin ETFs? Some analysts think it futures ETF might not bring in crazy inflows, but the hype could set the stage for a spot Solana ETF, which is where the real action happens.

Big names like JPMorgan predict a spot the token’s ETF could attract $3B-$6B in just six months—that’s major. Even Trump’s digital assets team is backing it, throwing it into the US crypto reserve alongside XRP and ADA.

The Future of Solana: Spot ETF on the Horizon?

So, what’s next? If the SEC gives the green light, we might see the first-ever spot Solana ETF in the next couple of years. For now, this futures ETF is a power move for SOL’s street cred. Keep your eyes peeled!

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