Month: March 2025

Bitcoin Open Interest Hits Lowest Level Since August

Bitcoin (BTC) open interest (OI) has fallen to its lowest level since August, currently standing at 413,000 BTC ($36 billion), according to Glassnode data. OI represents the total funds allocated in outstanding futures contracts, effectively measuring the amount of leverage in the bitcoin system. Since these contracts are denominated...
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ETH Price Analysis: Key Levels to Watch After Holding $2K Support

Ethereum has recently sharply declined, dropping to the critical $2K support level. In the broader outlook, the price will likely consolidate within the $2K- $2.5K range until a breakout signals the next major move. Technical Analysis By Shayan The Daily Chart Ethereum has recently faced a sharp decline, plunging...
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Solana Community to Decide on Proposal to Reduce Inflation by 80%

The Solana (SOL) community is preparing to vote on a key proposal, SIMD-0228, which could slash the network’s inflation by 80%. The vote is set to happen around March 6, during epoch 753. Source: https://newsletter.thirdweb.com/p/introducing-thirdweb-for-solana The proposal aims to introduce […] The post Solana Community to Decide on Proposal...
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Switzerland And Australia Are No Longer Interested In A Strategic Crypto Reserve

Despite US President Donald Trump’s recent announcement of a strategic crypto reserve involving Bitcoin, Ethereum, Ripple, Solana and Cardano, central banks in both Switzerland and Australia have dismissed the idea of incorporating crypto into their official reserves.  On 1 March 2025, Swiss National Bank (SNB) President Martin Schlegel rejected...
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Bitcoin Faces Resistance at $94K After Failed Breakout, Says Bitfinex

Bitcoin may be in for a tougher climb toward $94,000 following a recent unsuccessful push to reclaim that price level, according to analysts at Bitfinex. In their 3 March 2025 market update, the exchange’s researchers noted that “any recovery” toward $94,000 could confront “significant resistance.” The warning comes after Bitcoin...
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Chainlink Sees Strong Accumulation as LINK Skyrockets 17% Daily

Despite recent market struggles, Chainlink has managed to stage a notable recovery. Over the past 24 hours, the altcoin rose by over 16% amidst high volatility. During this period, the top LINK wallets were found to have increased holdings to 18.15% of supply. LINK Surges After Market Dip Chainlink...
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3 Reasons Why Bitcoin (BTC) May Resume Its Bull Run Soon

TL;DR BTC’s short-term outlook looks bullish, with Trump’s March 7 crypto summit expected to prompt further gains. Arthur Hayes sees Trump’s debt-driven policies as Bitcoin-friendly, while BlackRock’s Larry Fink urges investors to buy dips, expecting an economic rebound. A New Rally on the Horizon? The cryptocurrency sector is an...
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