Author: Anthony M. Orbison

Bitcoin price extended its decline on March 28, falling for a fourth consecutive day to paint an intra-day low of $83,387. BTC’s (BTC) decline mirrored the Wall Street sell-off, where the DOW closed 700 points lower, alongside the S&P 500 index, which dropped 112 points. The sell-off in equities is widely attributed to investors increasing worries over inflation after the core Personal Consumption Expenditures index data from February rose to 2.8% (a 0.4% monthly increase), which was higher than expected. S&P 500 drops $1 trillion in market cap value. Source: X / The Kobeissi LetterThe sell-off was further amplified by the markets’…

Fidelity tests stablecoin quietly amid tokenization surge Fidelity Investments is reportedly running a low-profile pilot of its own stablecoin, signaling a bold move toward deeper involvement in the digital asset economy. With more than $5 trillion in assets under management, Fidelity’s entrance into the stablecoin market could mark a significant shift in how institutional players embrace blockchain-based finance. According to sources familiar with the matter, the fund giant is in the advanced stages of testing a digital token intended to act like cash within crypto markets. This stablecoin, still unnamed and undisclosed to the public, is being developed by Fidelity…

If XRP can break above $3, it will invalidate the current head-and-shoulders pattern, potentially flipping the outlook bullish. XRP’s flip to bullish is hindered as stablecoin reserves across exchanges increased, signaling profit-taking in the market. Ripple[XRP] developed a traditional bearish pattern, head-and-shoulders signaling of an oncoming bearish trend that had its main support point at $2.05. A proven breakdown under this section could induce fast depreciation to push XRP prices toward the $1.30-$1.20 region, which matched a previous turning point. XRP sustaining above $2.05 would possibly delay the bearish breakdown, as brief upward movements may occur between $2.40-$2.60 before the price…

The Donald Trump family and business partners dive into crypto projects that are taking shape, with World Liberty Finance set to unveil stablecoin on BNB Chain and Ethereum.  The team behind the World Liberty Financial (WLFI) project have sought the opportune time to issue tokens even before Donald Trump’s election as the 47th president of the United States. According to recent on-chain data, the decentralized finance (DeFi) project harbours plans to launch its stablecoin.  Strategic Timing for Stablecoin Launch The WLFI team is unveiling the stablecoin token USD1 following multi-month planning that began in October last year. The Trump…

The cryptocurrency market is currently sitting in a neutral zone. With Bitcoin sitting at $86K, the market is anticipating a wild rush in the upcoming Q2, with major altcoins showing their true hidden potential that has stayed dormant for so long. In this wake, the ETF narrative is also set to gain momentum in the near future. If the US SEC ends up approving the highly anticipated Dogecoin ETF, it may help these three coins surge in the process. What are those coins, and should you stock them beforehand? Let’s find out.Also Read: Bitcoin: BTC Price Forecast For Q2, 2025Three…

Coinbase’s emergence as the Ethereum network’s largest node operator raises concerns about network centralization that could worsen as institutional adoption accelerates, industry executives told Cointelegraph. On March 19, Coinbase published a report disclosing that the US cryptocurrency exchange controlled more than 11% of staked Ether (ETH), more than any other Ethereum node operator. According to Karan Sirdesai, CEO of Web3 startup Mira Network, Coinbase’s growing dominance highlights “a systemic issue in Ethereum’s staking architecture.”“We’re creating a system where a handful of major players control an outsized portion of network security, undermining the core promise of decentralization,” Sirdesai told Cointelegraph. According to the…

A popular crypto strategist is leaning bullish on one Ethereum (ETH) rival, suggesting the altcoin has reached a market bottom. Pseudonymous trader Altcoin Sherpa tells his 242,800 followers on the social media platform X that Sonic (S) may be on the verge of breaking out after bouncing off of the 25-day Exponential Moving Average (EMA). Traders look at the EMA to determine whether an asset’s price is in an uptrend or not. If the price remains above the EMA, then the asset is likely going to remain bullish. However, he warns that an S uptrend may depend on whether Bitcoin…

Cosmos’s development team has successfully conducted the first Inter-Blockchain Communication transaction directly between Cosmos Hub and Ethereum. On March 26, co-CEO of Cosmos (ATOM) Maghnus Mareneck announced that they have successfully conducted the first IBC transaction between Cosmos’s central blockchain, Cosmos Hub, and Ethereum (ETH). This test is part of the larger Eureka upgrade, scheduled for release as part of IBC-go v10 later this year. https://twitter.com/0xMagmar/status/1905022533658906820 Cosmos’s IBC protocol enables independent blockchains to communicate and transfer assets and data with each other. The protocol was activated in March 2021, after the development team had successfully finalized the Stargate upgrade. Since…

Ethereum‘s price prediction data right now suggests that ETH could reach about $4,315 by the end of 2025, and the Pectra upgrade might actually be a key factor driving this growth. At the time of writing, Ethereum is trading at around $2,032.56, and despite the current market volatility and also the generally bearish sentiment, many analysts are projecting an impressive 112% increase over the next year or so, which seems to be fueled by the upcoming network improvements and also growing adoption rates.Also Read: GameStop to Follow Strategy’s Bitcoin Playbook: Will GME Stock Skyrocket or Crash?Ethereum Price Prediction with Pectra…

Stablecoins have become the cornerstone of the crypto ecosystem, making up most crypto trading pairs and facilitating a massive chunk of blockchain transactions. The top five chains in terms of stablecoin market capitalization — Ethereum, Tron, BSC, Base, and Arbitrum — reveal distinct patterns in issuance, bridging, and usage. The distribution and usage of stablecoins across these chains show how users approach and utilize them and why certain networks have become preferred venues for specific stablecoin issuers. Rank Name 7d Change Stables Mcap Dominant Stablecoin Total Mcap Issued On Total Mcap Bridged To 1 Ethereum +2.20% $125.842b USDT: 52.21% $139.159b $1.33m…