Analysis News

Dogecoin is still trading below $0.10, but there’s still the question of just how far it can go if it plays out a breakout structure. A price target of $0.6533 is on the table for Dogecoin, and if that level breaks, analyst Javon Marks says $1.25111 comes into play next, which would mark an all-time high for the meme coin. Long-Term Breakout Still Keeping The Bullish Structure Alive The main feature on Marks’ chart is a multi-year breakout from a descending resistance line that had stopped Dogecoin’s price advances since its previous top in 2021. That trendline, which is drawn from the May 2021 peak through later lower highs, acted as a resistance for a long period before price finally broke through in early 2025 and began forming a new structure. Related Reading: XR...

Security certifications topped the list of concerns for financial institutions weighing tokenization partners, with 97% saying standards like ISO and SOC II were non-negotiable — a sign that trust, not just technology, is now driving deals in institutional crypto finance. Related Reading: Bitcoin Gains Ground On Gold Even As Both Assets Slide Stablecoins Lead As Finance Firms Shift Crypto Focus A new survey from Ripple, released Thursday, found that 72% of more than 1,000 financial industry executives worldwide believe their companies must offer digital asset solutions to remain competitive. Ripple surveyed 1,000+ global finance leaders in 2026. A few things stood out: https://t.co/414dTO9Qit → 72% say digital assets are now table stakes to stay competitive → 74% see...

According to a recent on-chain data evaluation, the Bitcoin price might not be seeing a start to renewed price expansion in the near-term. Interestingly, this hypothesis seems to align with the multiple recovery attempts by the flagship cryptocurrency over the past few weeks.  BTC Net Realized Profit Peak At $17M/hr Before Swift Price Downturn In a March 20 post on the social media platform X, on-chain research firm Glassnode revealed what was behind Bitcoin’s recent reversal from what initially looked like an expansion move. This is based on the Net Realized Profit/Loss (NRPL) (24h Moving Average) metric, which reflects whether the market is predominantly realizing profits or losses, by tracking (and comparing) the amount of either that has been realized by holders ...

The Bitcoin market remains subject to high uncertainty, with bearish sentiments at heightened levels. In the last week, the premier cryptocurrency attempted another failed breakout as prices faced stiff resistance at the $75,000 level. With Bitcoin now back to around $70,000, Glassnode data on the options market shows that traders are pushing for more downside protection alongside expectations of low market volatility. Related Reading: Pundit Shares Everything To Understand About Bitcoin, ‘This Cycle IS Different’ Bitcoin Open Interest Hits New ATH  – What Does It Mean? In an X post on March 20, Glassnode provides an update on the Bitcoin options market covering developments on positioning, volatility expectations, and market sentiments. In terms of positioning, the ...

For the first time in nearly two months, the Bitcoin price had a sustained run above the psychological $70,000 level over the past week. However, the increased likelihood of potential interest rate hikes by the US Federal Reserve on Friday, March 20, seems to have elevated market apprehension. Interestingly, an on-chain evaluation suggests that the Bitcoin price was always destined for another round of downside movement — this time below the $50,000 level. Is BTC Price Preparing For Another Leg Down? In a Friday post on the X platform, crypto analyst Ali Martinez shared an on-chain insight into the potential bottom of the BTC price in the current bear cycle. According to the market pundit, the price of Bitcoin appears to be headed to the $43,000 level before starting...

Prominent asset manager Grayscale has moved to launch a HYPE exchange-traded fund (ETF) following a recent application with the SEC. This development means Grayscale joins a list of growing asset managers with the intention to add an HYPE fund to their portfolio.  Related Reading: Bitcoin Just Got A $1 Million Nudge, But Will Morgan Stanley’s MSBT ETF Really Move The Needle? About The Grayscale HYPE ETF According to filings on March 20, Grayscale has now submitted an S-1 registration form for the Grayscale HYPE ETF with the US Securities and Exchange Commission (SEC). The proposed fund is expected to trade on the NASDAQ exchange under the GHYP symbol. For context, HYPE represents the native token of Hyperliquid, a layer one blockchain designed to enhance the efficien...

As XRP attempts to defend a crucial support level, an analyst has called for a 30%-40% rally in the coming weeks, suggesting that the altcoin could see short-term relief before it reaches its “critical inflection point.” Related Reading: Analyst Says Dogecoin At $2 Is ‘Inevitable’ As Elon Musk Revives ‘Dogefather’ Meme XRP Defends Its ‘Lifeline’ On Friday, XRP saw a 2.5% intraday retrace to retest the $1.43 area before bouncing above the crucial $1.40 level. The altcoin has been hovering between $1.34-$1.50 over the past month, recently attempting to break out of the range’s upper boundary. During this week’s market rally, the cryptocurrency surged 15% from the weekend lows, reaching a one-month high of $1.60 on Tuesday. However, broader market volatility has pulled ...

On-chain data shows the Bitcoin sharks and whales have seen their population grow during the last three months, despite the price witnessing an overall downtrend in this window. Bitcoin Sharks & Whales Saw A 3.9% Jump In Address Count Over Last 3 Months In a new post on X, on-chain analytics firm Santiment has discussed the latest trend in the Supply Distribution of the Bitcoin sharks and whales. The “Supply Distribution” here refers to an indicator that tells us, among other things, the number of wallets that belong to a given coin range. For example, the Supply Distribution of the 1 to 10 coins cohort measures the number of addresses that are holding between 1 and 10 tokens of the asset. In the context of the current topic, the range of interest is the 100+ BTC one...

Grayscale is making a case for Zcash as the most credible challenger to Bitcoin’s dominance in the digital currency segment, arguing that a relatively small shift in market share could translate into outsized upside for the privacy-focused asset. In a March 18 research note, Zach Pandl, Grayscale’s Head of Research, frames the opportunity in stark terms. Bitcoin still accounts for roughly 90% of the “Currencies Crypto Sector,” a segment the firm estimates at $1.6 trillion across fifteen assets. Zcash, by comparison, represents just a fraction of that total. But Pandl suggests that the gap may not be structural. Related Reading: Zcash Is Crypto’s Most Mispriced Asset, Cypherpunk CIO Says “Bitcoin was the first decentralized digital currency and is still by far the lar...

Bitcoin (BTC) has settled back into the familiar consolidation band between roughly $65,000 and $74,000 after a short-lived attempt to clear higher resistance walls at around $76,000 earlier in the week failed.  Trading around $69,000 at the time of writing, on-chain analytics from Glassnode and market commentary from analysts suggest the market is likely to remain in an accumulation phase through the end of March, with several indicators pointing to lower near-term volatility but heightened defensive positioning. Rising Demand For Downside Protection Glassnode’s posts on X (formerly Twitter) highlight record-high positioning in derivatives markets: options open interest reached a new all-time high ahead of the current quarter’s expiry.  That elevated positioning may...