Connect with us
DAPA Banner

Crypto World

American Bitcoin (ABTC) bitcoin stack rises to 6,889 BTC coins

Published

on

American Bitcoin (ABTC) bitcoin stack rises to 6,889 BTC coins

American Bitcoin (ABTC), a mining and treasury firm tied to the Trump family, now holds more bitcoin than Mike Novogratz’s Galaxy Digital (GLXY).

The company owns 6,899 BTC, worth about $491 million, edging past Galaxy’s 6,894 BTC to become the 16th largest public holder of the asset, according to data from BitcoinTreasuries.net.

The shift highlights how newer entrants continue to climb the rankings as firms compete to build large bitcoin reserves. At the top remains Michael Saylor’s Strategy (MSTR) with 761,068 BTC. It is followed by Marathon Digital (MARA) and Jack Mallers’ Twenty One Capital. Other major holders include Bullish (BLSH), CoinDesk’s parent company, Coinbase (COIN) and Tesla (TSLA).

American Bitcoin’s rise also underscores the growing role of Trump-affiliated entities in the market. Trump Media & Technology (DJT), the company linked to U.S. President Donald Trump, holds 9,542 BTC.

Advertisement

American Bitcoin, formed in March 2025 when Hut 8 (HUT) launched it as a majority-owned subsidiary focused on large-scale mining and holding bitcoin on its balance sheet. Hut 8 held an 80% stake at launch, with the remaining 20% owned by investors including Eric Trump and Donald Trump Jr.

Unlike some mining firms that have begun shifting resources toward artificial intelligence infrastructure, American Bitcoin has doubled down on mining. In March 2026, it bought 11,298 ASIC miners for its Drumheller, Alberta site. The machines are expected to lift its capacity by about 12% and add 3.05 exahashes per second, or roughly 0.3% of the global network’s computing power.

Bitcoin recently traded at $71,092, down 4% over the past day.

Source link

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Special DeepSnitch AI Bonus Code: Limited Time Left To Reserve 300% Extra Tokens Ahead of Launch, Bears Lose Grip On ZEC and DOGE

Published

on

Bitcoin just hit a six-week high, which somewhat restored the sentiment in the market. Yet, exchange inflows spiked to 6.1K BTC in a single hour. This could indicate that the rally is real, but selling pressure may be reaching a boiling point.

As fears of an extra wave of volatility become real, the special DeepSnitch AI bonus code presents the easiest way for traders to boost their chances of massive returns.

With launch slated for March 31, DeepSnitch AI’s crypto presale bonus offer provides as many as 300% extra tokens for large allocations. Since these codes expire at launch, the level of FOMO in the community is getting borderline ridiculous as traders keep adding to their allocations.

Is BTC selling pressure building?

According to Julio Moreno of CryptoQuant, hourly Bitcoin inflows into centralized exchanges exploded to 6.1K BTC on March 16. This is the highest reading since February 20, with large inflows accounting to 63% of the total figure.

Advertisement

The driving force behind the inflows was Bitcoin’s 12% gradual rally in March.

Traders generally send BTC to exchanges before they sell or convert it into stablecoins, with Moreno noting that such spikes often preceded an uptick in selling pressure.

Thus, traders fear that smart money may be using the rally as an opportunity to profit. This uncertainty only contributed to traders doubling down on the special DeepSnitch AI bonus code, intending to scoop up extra tokens ahead of the March 31 launch.

Best March opportunities in crypto

1. DeepSnitch AI: How much are early investor bonus tokens worth?

Blink, and you’ll miss it. DeepSnitch AI is a project rapidly closing in on its March 31 launch. While this is enough to push FOMO to the max, the special DeepSnitch AI bonus code basically led to the project getting in on many trending lists.

Advertisement

So far, DeepSnitch AI has raised $2.2M at $0.04487. The main offering is an analytics platform consisting of five autonomous AI agents that can do everything from discovering rugs and honeypots, DYOR, token analysis, to real-time sentiment and FUD tracking.

The latest bonuses only enhanced these fundamentals. You can apply any presale discount code at checkout if you meet the right allocation amount. Fortunately, there are multiple tiers, meaning that there’s a special DeepSnitch AI bonus code for everyone.

The lowest one, DSNTVIP30, gets you 30% extra tokens on $2K and above. DSNTVIP50 bumps that to 50% on $5K or more, and DSNTVIP150 adds 150% to your bag for $10K and up. And the biggest presale discount code, DSNTVIP300, unlocks 300% extra on allocations of $30K and above, which works out to roughly $90K.

DeepSnitch AI is running hot. With 41.7 million DSNT already staked, community projections of 100x to 300x make it one of the largest opportunities in recent times.

Advertisement

All codes expire on March 31.

2. Dogecoin: DOGE breaking out?

According to CoinMarketCap, DOGE traded at $0.099 on March 18.

As the community went crazy over the special DeepSnitch AI bonus code, bears surrendered control over DOGE’s price action.

In the short-term, Dogecoin must close above $0.10 (50-day SMA) to open the test of the $0.12 breakdown level, where sellers are expected to start dumping.

Advertisement

A sharp rejection here sets up a range between $0.09 and $0.12 for the near term. While the chances of DOGE hovering in this range are likely, if the OG meme coin closes above $0.12, the entire script will flip, and Dogecoin could end up surging to $0.16.

3. Zcash: Will the ZEC rally continue?

ZEC pushed to $276 on March 18, sparking hopes of the privacy coin’s grand re-entry, according to CoinMarketCap.

In the short term, the $278 level is the key battleground. Holding above it keeps the short-term structure intact, allowing buyers to kickstart another attempt at $286, but a clean break below $278 shifts the advantage back to sellers and opens the path to $272 first.

If ZEC continues sliding down, it could go as low as $265 or $258.

Advertisement

Final words: Boost your bags

Selling pressure could return in an instant, and that’s exactly why DeepSnitch AI has been making rounds lately.

With a launch set at exactly the right time, affordable pricing, powerful utility, and the special DeepSnitch AI bonus adding as much as 300% extra DSNT to your bag, the rewards could be massive if you lock in at exactly the right time.

Don’t let the market erase your gain. Reserve your tokens in the DeepSnitch AI presale now and join X or Telegram for the latest project updates.

FAQs

1. What is the DeepSnitch AI bonus code, and how does it work?

DeepSnitch AI offers four bonus codes tiered by allocation size. DSNTVIP30 gives 30% extra tokens, DSNTVIP50 gives 50% on $5K or more, DSNTVIP150 unlocks 150% for larger positions, and DSNTVIP300 gives 300% extra on allocations of $30K and above. All codes expire at the March 31 launch.

Advertisement

2. Why did Bitcoin exchange inflows spike, and what does it mean for the market?

Hourly Bitcoin inflows hit 6.1K BTC on March 16, the highest since February 20, with large deposits accounting for 63% of total inflows. CryptoQuant’s head of research flagged that historically, these spikes precede increased selling pressure.

3. When is the DeepSnitch AI TGE, and what happens after?

DeepSnitch AI lists on Uniswap on March 31. The seven-day claim window opens at TGE, with DEX and CEX listings expected to follow.

The post Special DeepSnitch AI Bonus Code: Limited Time Left To Reserve 300% Extra Tokens Ahead of Launch, Bears Lose Grip On ZEC and DOGE appeared first on Blockonomi.

Source link

Advertisement
Continue Reading

Crypto World

XRP Needs CLARITY Act Momentum to Unlock the Next Critical Price Zone

Published

on

Ripple Makes Major Move Affecting US and Canadian Customers: Details


Large XRP holders added 200 million tokens over two weeks, quietly building their stack even as the price failed to hold $1.50.

XRP has pulled back under $1.50 after briefly surpassing $1.60 yesterday, with a popular analyst saying the token now sits at a critical decision point and that a single piece of legislation could determine whether it breaks higher.

According to EGRAG CRYPTO, the CLARITY Act is the primary catalyst standing between XRP’s current price and a potential run past the $1.65 to $1.70 resistance band they dubbed “Zone 1.”

Advertisement

An Ascending Triangle With One Condition Attached

In their analysis, posted on X on March 18, EGRAG pointed out that XRP was forming an ascending triangle just below the $1.65-$1.70 range.

This is a pattern that usually leads to upward breakouts, and, according to the analyst, it shows rising lows, which would suggest that buyers were stepping in. The chart also showed that resistance has so far been flat, meaning that liquidity is concentrated above the current level.

EGRAG estimated that there is a 65% chance the XRP price will break above Zone 1, mainly due to structure and building compressions. However, the other 35% points to a rejection or fakeout, which they believe could happen if the CLARITY Act is postponed.

The Ripple token has gone up about 6.5% in the last seven days, with a range stretching from $1.37 to $1.60. That breakout happened around the same time as a buildup in derivatives positioning, as revealed by CryptoQuant contributor Amr Taha. According to him, XRP’s open interest delta rose by $16 million on March 13 and another $18 million on March 16, with the second wave coming just before the cryptocurrency’s jump above $1.50.

Advertisement

Whale activity followed suit, with chartist Ali Martinez reporting that large addresses had added 200 million XRP in the last two weeks, bringing their total from 10.88 billion to 11.08 billion.

You may also like:

But despite all this, XRP was rejected at $1.60, and was trading near $1.45 at the time of writing, a price that another market watcher, Tara, stated they were closely monitoring, referring to it as the macro 0.618 Fibonacci support level.

What Zone 1 Doesn’t Unlock

EGRAG’s analysis made it clear what the $1.65 to $1.70 zone can trigger, as well as what it cannot deliver on its own. According to them, while breaking above that range would be a meaningful technical event, getting to the next level at $2.60 and beyond requires additional conditions.

These include institutional flows or ETF-style exposures, stable BTC prices, or a drop in the number one cryptocurrency’s dominance, as well as weekly XRP closes above the $1.85-$2.00 band.

Advertisement

The CLARITY Act itself is moving, with negotiations possibly concluding as early as next week, according to investor Paul Barron. U.S. President Donald Trump had publicly blamed banks for holding the bill back in order to protect their deposit base.

SPECIAL OFFER (Exclusive)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Advertisement

Source link

Continue Reading

Crypto World

Bitcoin Trips After FOMC But Bulls May Keep Buying

Published

on

Bitcoin Trips After FOMC But Bulls May Keep Buying

Key takeaways:

  • Spot market demand through US-listed ETFs and Strategy buying BTC supports Bitcoin’s bullish momentum.

  • Low leverage among Bitcoin bulls reduces the risk of cascading liquidations even if prices drop another 5%.

  • Rising inflation concerns negatively impact fixed-income returns, paving the way for an eventual rotation from gold into Bitcoin.

Bitcoin (BTC) faced a 7% correction after flirting with the $76,000 level on Tuesday. The downturn followed a decline in the US stock market after oil prices surged due to Israel attacking Iran’s largest gas processing facility and the US producer price index rising above expectations.

Despite the recent losses, there is no indication that Bitcoin’s bullish momentum has faded, given how the S&P 500 and US Treasuries have behaved amid worsening macroeconomic conditions. Additionally, Bitcoin bulls have avoided excessive leverage, reducing the risks of cascading liquidations.

WTI oil futures (left) vs. S&P 500 futures (right). Source: TradingView

The S&P 500 index traded merely 4% below its all-time high on Wednesday despite recent weak US job market data and continued pressure from the ongoing war in Iran. The US reported continued jobless claims relatively steady at 1.85 million in the week ending March 7. On Wednesday, the US announced that wholesale prices gained 3.4% in February versus the prior year, the largest gain in 12 months.

As oil prices jumped above $98, investors became more convinced that the US Federal Reserve will not be able to ease monetary policy throughout 2026. CME FedWatch Tool showed that odds for a steady interest rate by September plummeted to 42% on Wednesday, from 89% one month prior, according to implied odds on futures markets.

Advertisement

Bitcoin under pressure as prolonged war risks heighten investors’ risk aversion

Sticky inflation and the prospect of a prolonged war reduced the odds of economic stimulus focused on expansion, causing investors to avoid risk. However, there is no reason to believe that traders anticipate an imminent crash, at least judging by how interest rates are priced relative to inflation expectations.

US 2-year Treasury minus inflation expectation. Source: TradingView / Cointelegraph

The 2-year Treasury yield traded at 3.71% on Wednesday, while the Cleveland FED 2-year inflation expectation stood at 2.27%, resulting in a 1.44% adjusted return. During periods of extreme fear, higher demand for government bonds tends to result in near zero or negative returns. Conversely, a lack of confidence in US monetary policy can push the indicator to 2.5% or above.

Even if Bitcoin drops another 5% in the upcoming weeks, there is no indication of excessive leverage demand from bulls, meaning low risk of cascading liquidations. Recent bullish momentum has been supported by the spot market, especially through US-listed spot Bitcoin ETF accumulation and Strategy’s (MSTR) aggressive buying activity.

Estimated BTC futures liquidation levels, USD. Source: CoinGlass

CoinGlass estimates that $450 million worth of leveraged long Bitcoin futures would be forcefully terminated down to $68,000, representing less than 1% of the current $49 billion aggregate open interest. The Bitcoin perpetual futures funding rate confirms that bears are becoming overconfident as demand for leverage on short positions has increased.

Related: 74% of institutions expect crypto prices to rise in 12 months–Survey

Bitcoin perpetual futures annualized funding rate. Source: Laevitas.ch

A negative funding rate means shorts are the ones paying to keep their positions open. More importantly, the indicator stood below the neutral 6% to 12% range even as Bitcoin price surged above $76,000, reinforcing the thesis of spot demand sustaining momentum rather than speculation using derivatives markets.

Gold prices dropped to $4,900 on Wednesday, showing signs of exhaustion after holding levels above $4,800 for four weeks. An eventual rotation out of gold could be the trigger for a sustained Bitcoin rally, especially as inflation concerns negatively impact expected returns for fixed-income assets. Overall, there is little indication that Bitcoin’s current bullish momentum has faded.

Advertisement