Analysis News

BitMine Immersion Technologies (BMNR), the largest corporate holder of Ethereum (ETH) worldwide, announced on Monday that it had made a significant new purchase of nearly 61,000 ETH.  BitMine Holds 3.7% Of Total Ethereum Supply BitMine’s latest transaction, comprising 60,976 Ethereum tokens, marks the company’s largest weekly acquisition in terms of tokens so far in 2026. Following this acquisition, BitMine’s total ETH holdings have risen to 4.5 million tokens. Notably, BitMine now holds around 3.76% of the total Ethereum supply, positioning itself over 75% of the way toward its ambitious target dubbed the “Alchemy of 5%” within just eight months. Related Reading: Why A U.S. Court Says Binance Is Not (Yet) Liable for Terrorist Crypto Flows In addition to its cryptocu...

While some market observers remain optimistic about Dogecoin (DOGE)’s long-term prospects, an analyst has identified a bearish continuation pattern in the short-term chart that could lead to another major correction for the memecoin. Related Reading: Why A U.S. Court Says Binance Is Not (Yet) Liable for Terrorist Crypto Flows Dogecoin Bottom May Be Lower On Monday, Dogecoin bounced 3% from Sunday’s lows and reclaimed the $0.091 level, which had been lost over the weekend due to recent market volatility triggered by the Middle East conflict. The cryptocurrency has traded between $0.086-$0.100 over the past two weeks, reaching an intraweek high of $0.104 last Wednesday before erasing the bounce and plunging to its local lows alongside the rest of the market. During thi...

Arthur Hayes is making a high-conviction bet on Hyperliquid, arguing in a new essay that HYPE could climb to $150 by August 2026 even if the broader crypto backdrop stays weak. His case rests on a familiar exchange-token playbook, but updated for a market where decentralized perps, not centralized venues, are increasingly capturing the most valuable trading flow. Why Hayes Thinks Hyperliquid Can Reach $150 Hayes frames Hyperliquid as the standout asset in a sluggish or sideways market because exchanges can keep generating fees regardless of whether prices are rising. In his telling, that matters even more for Hyperliquid because 97% of protocol revenue is used to buy back HYPE from the market. “Hyperliquid, the dominant perp DEX, is the largest revenue-generating pro...

Bitcoin is trading near $67,300, well off its recent high of $74,000. One well-known analyst says that dip barely matters — he’s looking at a cycle average closer to half a million dollars. Related Reading: WAR Token Explodes 100%, Then Crashes 20% In Sudden Sell-Off A Model Built On Scarcity PlanB, the pseudonymous analyst behind the Stock-to-Flow model, says Bitcoin’s price during the current 2024–2028 halving cycle could average around $500,000, with a range stretching from $250,000 to $1 million. The model is built on a simple premise: as Bitcoin’s supply grows more slowly — thanks to halving events that cut mining rewards roughly every four years — and demand holds steady or rises, the price should follow. Reports indicate that PlanB is careful to frame the figu...

For crypto this week, the story is not a token-specific catalyst. It is whether an oil shock tied to the US-Iran war turns into a broader inflation problem just as the market gets February CPI on Wednesday, March 11, followed by the second estimate of fourth-quarter US GDP and the delayed January PCE report on Friday, March 13. Crypto Watchlist This Week The market opened the week with energy first, everything else second. President Donald Trump said ending the war with Iran would be a “mutual” decision with Israeli Prime Minister Benjamin Netanyahu, signaling no obvious near-term off-ramp, while Brent crude surged as high as $119.50 a barrel and WTI to $119.48. Reuters reported that Iraq, Kuwait and the UAE had begun reducing oil production as the conflict and shipp...

Dogecoin started a recovery wave above the $0.090 zone against the US Dollar. DOGE is now facing hurdles near $0.0930 and might struggle to continue higher. DOGE price started a recovery wave from $0.0860 and climbed above $0.090. The price is trading above the $0.090 level and the 100-hourly simple moving average. There is a rising channel forming with support at $0.0904 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.090. Dogecoin Price Hits Resistance Dogecoin price started a recovery wave from the $0.0860 zone, like Bitcoin and Ethereum. DOGE climbed above the $0.0880 and $0.090 resistance levels. There was a decent upward move above the 23.6% Fib retracement level of the downward move f...

XRP price started a recovery wave above $1.350 but failed near $1.390. The price is now consolidating and might aim for a fresh move above $1.40. XRP price started a recovery wave above the $1.3750 zone. The price is now trading above $1.3720 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $1.3705 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.40. XRP Price Faces Resistance XRP price remained supported above $1.3220 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $1.3350 and $1.350 to enter a short-term positive zone. There was also a move above the 23.6% Fib retracement level of the downward move from...

Strategy, the company that has built its identity around hoarding Bitcoin, is now sitting on paper losses — and buying more anyway. The company’s average purchase price sits at roughly $75,985 per coin, well above where Bitcoin is trading today at around $66,850. Related Reading: WAR Token Explodes 100%, Then Crashes 20% In Sudden Sell-Off That gap has pushed Strategy’s net asset value below 1, meaning the stock is worth less than the Bitcoin it holds. It is a sharp reversal for a company that long commanded a premium over its own treasury. Another Round Of Buying Despite that, co-founder Michael Saylor posted the firm’s Bitcoin accumulation chart on X over the weekend with the message, “The Second Century Begins” — his recurring signal that another purchase is comin...

Bitmine's strategic ETH move to Coinbase could enhance staking yields, influencing Ethereum's market dynamics and institutional adoption.
The post Tom Lee’s Bitmine sends 5,300 ETH worth $11M to Coinbase, possibly for staking appeared first on Crypto Briefing.

Bitcoin continues to trade below the $70,000 level as the broader crypto market navigates another period of heightened volatility. After several attempts to regain upward momentum, price action has remained unstable, reflecting ongoing uncertainty across global financial markets. Despite these short-term fluctuations, structural indicators suggest that bigger changes may be occurring beneath the surface of the Bitcoin market. Related Reading: The 31,900 Bitcoin Purge: Why March 4 Marked An Institutional Bitcoin Floor A recent report from CryptoQuant highlights a long-term trend that has been unfolding since 2022: a steady decline in the amount of BTC held on centralized exchanges. This shift accelerated following the collapse of FTX in November 2022, an event that si...