Crypto World
Pi Network sets April 6 node deadline as protocol 21 goes live
Pi Network has started its second migration phase with the required Protocol 21 upgrade. The update sets an April 6 deadline for mainnet node operators and opens the path toward later upgrades that aim to add smart contracts and DeFi tools.
Summary
- Pi Network requires mainnet nodes to upgrade to Protocol 21.2 before the April 6 deadline.
- The roadmap schedules Protocol 22.1 for April and smart contract features for the May rollout.
- Pi traded near $0.174 as RSI and MACD signaled weak momentum and sellers still controlled.
The move also comes as Pi’s token trades near $0.174, far below its all-time high. At the same time, chart indicators show weak momentum as the market waits for the next stage of network changes.
Pi Network has moved from Protocol 20.2 to version 21.2 as part of its second migration phase. The Pi Core Team said all mainnet node operators must complete the upgrade before April 6 to remain connected to the network.
The update focuses on network stability and better node efficiency. It aims to help the system handle heavier traffic while keeping nodes synchronized across the mainnet.
The team warned that nodes that miss the April 6 deadline may lose network connection. That notice places direct pressure on node operators to update their software on time and avoid disruption.
Pi Network framed Protocol 21 as a base layer for future features rather than a full feature release. While new tools will arrive in stages, the current step prepares the network for broader functionality in later protocol versions.
According to the roadmap shared by the Pi team, Protocol 22.1 is scheduled for April 22. Protocol 23.0 is expected to follow on May 18 as the network moves toward smart contract support.
The roadmap also lists features tied to that transition, including a Pi DEX, on-chain liquidity tools, and broader support for decentralized applications. The stated goal is to improve transaction flow and expand network use cases for its user base.
Pi price holds weak tone as traders track indicators
Pi coin traded around $0.174 at the time of reporting, about 78% below its all-time high. That price level reflects a market that remains cautious even as the network moves ahead with technical upgrades.

Daily chart indicators showed a soft bearish setup. The RSI stood at 45.29, below both the neutral 50 mark and its moving average of 47.54, which pointed to weak momentum without oversold conditions.
The MACD line remained below the signal line, while the negative histogram showed that sellers still held control, though downside pressure had started to ease.
Crypto World
Bitcoin Advocates Oppose New PARITY Act Over Mining Tax
Bitcoin advocates are questioning a newly drafted bipartisan tax bill, arguing the legislation aggressively penalizes miners with prohibitive tax structures.
The draft legislation, known as the PARITY Act, was circulated by US Reps. Max Miller and Steven Horsford. The bill aims to overhaul the Internal Revenue Code to clarify the taxation of digital assets in the United States.
Why Crypto Leaders Against the PARITY Act?
However, the proposal has instead ignited dispute within the broader cryptocurrency industry.
At the center of the controversy is the bill’s divergent treatment of different blockchain consensus mechanisms. The draft intends to classify earnings from cryptocurrency production as gross income, calculated at fair market value upon receipt.
Crucially, the legislation allows participants in proof-of-stake networks, such as Ethereum and Solana, to defer these taxes until the asset is eventually sold.
Bitcoin, conversely, operates on a proof-of-work system that requires substantial upfront capital for specialized hardware and substantial ongoing energy costs. Under the current PARITY Act draft, Bitcoin miners are excluded from this tax deferral.
Conner Brown, managing director of the Bitcoin Policy Institute, stated that the draft retains double taxation on Bitcoin mining while providing targeted relief to staking operations. Brown argued the proposed legislation arbitrarily picks economic winners and losers.
“[The bill] creates a two-tier tax regime, offering deferral to stakers while leaving miners stuck with the same phantom income problem that both parties acknowledged needed fixing,” the Bitcoin Policy Institute argued.
Furthermore, the draft legislation would ease tax treatment for the use of certain GENIUS Act-defined payment stablecoins in everyday payments.
The Bitcoin Policy Institute said the provision would make it harder for consumers to use Bitcoin for small retail purchases. It said those transactions could still trigger capital gains reporting requirements, adding a tax burden to everyday spending.
“[The draft] provides a $200 de minimis exemption for payment stablecoins but not bitcoin, which alone represents 60% of the market cap of all digital assets. This means that a person who buys a cup of coffee with bitcoin still faces a capital gains calculation. A de minimis exemption for everyday bitcoin transactions is necessary for the digital asset’s maturation as it grows into a global medium of exchange. Any legislation serious about promoting parity must include it,” the think tank added.
Industry Experts Highlight Room For Improvements
While Bitcoin purists push back against the exemptions, broader industry lobbying groups are attempting to leverage the draft as a starting point for wider legislative reform.
Cody Carbone, CEO of The Digital Chamber, welcomed the PARITY Act legislation but emphasized the need for significant revisions to prevent the industry from moving overseas.
“We’re excited to see a bipartisan digital asset tax discussion draft. We have been prioritizing tax clarity for this entire Congress – hence the excitement the draft was out so we can begin truly advocating in a public forum,” he stated.
While expressing excitement that a public discussion draft is finally available, he noted that the current iteration requires major improvements.
Against that backdrop, Carbone outlined several core revisions his organization is demanding. These include taxing both staking and mining rewards only upon sale or disposition, establishing a broader de minimis exemption beyond stablecoins, and shielding basic technical actions, such as moving crypto between personal wallets, from taxation.
He also called for simplified tax forms to avoid duplicative reporting and clearer guidelines for lending and donating digital assets.
The post Bitcoin Advocates Oppose New PARITY Act Over Mining Tax appeared first on BeInCrypto.
Crypto World
The Cryptocurrency Industry Pushes Clarity Act Amendments Ahead of the Senate Draft
Coin’s Resistance Brings About Reaction
Firms such as Coinbase have opposed the stablecoin yield model. According to them, the rules inhibit user reward systems and expansion of the platforms. Therefore, the leaders of the industry currently organise the work to appear with a single offer to the legislators. The proposal offered in the current version prohibits access to rewards on idle balances and the incentives in activity-related programs. Such rewards should, however, not resemble the interest on bank deposits. Besides, companies assert that these restrictions might dilute consumer interaction on crypto sites.
Senator Thom Tillis will issue the text of the reward rules and regulatory measures as the draft. In the meantime, discussions about stakeholders are ongoing with lawmakers narrowing down on key provisions. In addition, the White House’s recent consent is intended to lessen tensions between banks and crypto companies. Both sides of the legislature are working in collaboration to perfect the language of the bill. Senator Tim Scott claimed that there are talks between Republicans, Democrats, and administration officials. Therefore, the leaders want to create the framework that favours innovation and keeps the financial control.
Senator Cynthia Lummis also mentioned the issues of the protection of developers of decentralized finance. According to her, amendments to the bill enhanced protection of Title 3. Moreover, she encouraged the actors in the market to help in continuous bipartisan work to amend the legislation. Also, they emphasise that there is a need to maintain rewards systems that appeal to users. This interest is indicative of increased pressure in the industry as the bill advances to consideration. The chances of passing the bill have decreased as differences still exist. Latest data indicate that there is less confidence in approval this year. As a result, the unaddressed problems may postpone the markup process that was planned to take place in April.
Crypto World
Should You Buy DeepSnitch AI After Launch? Why Traders Watch DSNT
Detroit is officially stepping into the massive legal battle between Coinbase and the state of Michigan over the future of prediction markets. But the question dominating trading circles right now is whether to buy DeepSnitch AI after it officially launches.
The honest answer? Waiting for the public market means missing out on the absolute lowest entry point available. The presale is ending in just a few days on March 31, and the hype surrounding the DSNT token is reaching a new level.
Traders are still watching DSNT closely because the early entry is about to close permanently. But here’s why you can still buy after the presale.
Detroit enters the prediction market legal fight
Lawyers representing the city of Detroit plan to file an amicus brief in Coinbase’s ongoing lawsuit against Michigan authorities. District Judge Shalina Kumar recently approved an order allowing Detroit to formally support state officials, giving them until April 3 to submit their filing.
At the center of this battle is a massive jurisdictional dispute. Coinbase argues that prediction markets should fall under the purview of the federal Commodity Futures Trading Commission. Michigan, however, insists these platforms violate state gambling laws and demand local regulation.
The best crypto to buy now
DeepSnitch AI’s March 31 deadline demands immediate action
DeepSnitch AI is a smart contract auditing and market intelligence tool. The kind of infrastructure that becomes more valuable precisely because the broader market is getting more complicated and more contested. That’s why you should still watch this project closely even after the presale.
While Coinbase litigates jurisdiction and Detroit files briefs, DeepSnitch is scanning on-chain data in real time, flagging malicious contracts before they can drain wallets, and giving everyday retail investors the same quality of information that institutional players have always had access to.
Capital allocated to DeepSnitch AI before March 31 is capital positioned in a utility platform with a clean use case, a small market cap, and a Uniswap launch at 12 PM on March 31.
A $5,000 entry at $0.04669 gets you approximately 107,089 DSNT tokens. The market cap is still small enough that a 100x move from this position to $500k profits is very possible.
Waiting until after the public launch to buy means paying whatever price a market full of people who missed the presale decides those tokens are worth. This presale closes March 31, and the deadlines are not negotiable.
THETA lacks the velocity for massive wealth
THETA currently fluctuates in the $0.15 to $0.17 range. When you analyze the long-term mathematical forecasts, the outlook is not very positive for those who want massive profits found in DeepSnitch AI. Cryptocurrency experts predict that by the end of December 2026, THETA will only reach a maximum trading value of $0.587.
Moving into 2027, the average expected trading cost sits at $0.682. This represents a potential return on investment of roughly 80% over the next couple of years. Established coins like Theta simply demand too much capital for a small growth compared to DeepSnitch AI, which is still early and small.
Golem faces a stagnant outlook
The GLM token is trading around the $0.13 mark as of March 27th, but its future outlook is deeply concerning. Technical analysts have scrutinized its historical price fluctuations and forecast a maximum price of just $0.137 by December 2027.
Looking further ahead to 2028, experts believe the average trading cost will actually reduce to $0.0983. This represents a devastatingly low potential ROI of just 4%. Golem cannot compete with the aggressive upside and extreme hype of a highly demanded presale launch of DeepSnitch AI.
Final verdict
DeepSnitch AI is currently in its final accumulation phase, and the chance to participate is shutting down. The presale officially ends on March 31, 11 am UTC, and missing this deadline means forfeiting your early-adopter advantage. Make sure to use the promo code DSNTVIP50 for an extra 50% bonus.
Visit the official DeepSnitch AI website, join Telegram, and follow on X for more updates.
FAQs
Is buying after the public launch smart?
Waiting for the public release means you lose the fixed, heavily discounted entry price.
Why do experts avoid tokens like Golem?
Financial forecasters project Golem to generate a small 4% return over the next several years. That’s why it’s better to put your money in the DeepSnitch AI presale before it ends.
What holds THETA back from massive growth?
Heavy, established networks like THETA require billions of dollars in fresh capital just to inch their price upward.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Crypto World
Crypto Leaders Draft Changes as CLARITY Act Nears Senate Release
Focus on Stablecoin Rules
The proposed changes target provisions related to stablecoin rewards and yield programmes. Industry participants have raised concerns about limits on how firms distribute incentives to users. Moreover, current language allows only activity-based rewards while restricting returns linked to idle balances. Coinbase has taken a central role in opposing the existing compromise on stablecoin yields. Company representatives argue that the restrictions could weaken user participation and reduce innovation. Additionally, industry analysts have supported calls for clearer and more flexible rules.
Senator Thom Tillis plans to publish the draft text in the coming days. The release will outline detailed provisions on stablecoin rewards and broader regulatory measures. Besides, lawmakers continue to engage stakeholders while refining the bill. Lawmakers from both parties have worked to align positions on the crypto legislation. Senator Tim Scott confirmed ongoing coordination between Congress and the White House. Hence, the process reflects efforts to reach consensus before formal review stages begin.
Senator Cynthia Lummis has responded to concerns about decentralised finance protections in the bill. She stated that recent revisions aim to strengthen safeguards for developers and blockchain networks. Moreover, she emphasised continued bipartisan cooperation on these provisions. The legislation seeks to address tensions between traditional banks and crypto firms. Lawmakers have attempted to balance stablecoin reward structures with concerns over deposit shifts. Consequently, negotiations have focused on maintaining financial stability while supporting innovation.
Timeline for Review
The Senate is expected to move toward a markup phase in April. This stage will allow lawmakers to review and amend the draft text. Additionally, stakeholder input could influence final adjustments before further legislative steps. Recent developments have affected expectations around the bill’s progress. Prediction data indicates declining confidence in near-term passage. However, discussions remain active as both sides continue negotiations. Crypto leaders continue to push for revisions as the CLARITY Act advances toward formal review. The upcoming draft release will shape the next phase of negotiations. Consequently, the outcome will depend on how lawmakers address industry concerns.
Crypto World
Euro Stablecoins Surge as DeepSnitch AI Nears March 31 Deadline with 500x Potential Amid SOL & ETH Volatility
Today’s crypto news points to a shift in the stablecoin market, with euro-denominated assets accounting for over 80% of the non-US-dollar supply.
This latest crypto news comes amid market uncertainty, as SOL and ETH continue to experience volatility.
However, the breaking crypto news today is that the DeepSnitch AI (DSNT) presale deadline is fast approaching. It has raised $2.5 million and surged more than 220% from $0.0151 to its current price of $0.04669.
With news of its approaching deadline, many are hinting at a possible rally as the project has already shown its explosive growth potential.
Euro stablecoins take the lead in the non-dollar stablecoin market
According to analytics from Dune Analytics, the stablecoin sector has expanded to roughly $1.2 billion in total supply, signaling steady growth in alternatives to dollar-based digital currencies.
Data from the report also shows that euro stablecoins account for about 85% of transaction volume in this segment.
Despite this growth, the non-dollar stablecoin market has remained small even though it now processes close to $10 billion in monthly transfers.
Crypto news: DeepSnitch AI presale deadline boosts optimism as analysts project 500x rally
Today’s crypto news has been filled with different headlines, but one that has stood out so far is the DeepSnitch AI presale deadline. Analysts are already projecting a 500x rally after its launch, and with just a few days away, this is the last chance to join.
These projections are driven by several factors, most of which are tied to the token’s utility and growth potential. DeepSnitch AI features five AI agents that perform different functions but operate from a single accessible dashboard.
These AI agents are a must-have, and many traders are already talking about how the agents provided information on market trends, helped them scan for potential scams, and answered all their questions with SnitchGPT, all within minutes.
These tools are rapidly becoming a daily habit for traders because of their value. Even the latest crypto news indicates growing adoption, which would help maintain and boost the token’s value in the long run.
With the presale deadline slated for March 31, investors have only days to take advantage of these offers. There are also rumors of CEX and DEX listings, another catalyst for a huge price surge. To be part of this huge portfolio booster, now is the best time to join.
ETH records 7% monthly surge, but volatility keeps it within a $2k range
In recent crypto news, while Ethereum has seen a substantial 7% gain over the past month, the bigger issue is how little it has moved.
The token opened on March 2 and has been hovering at $1,989 until March 27, when it is still trading at $1,989. Despite the minor upticks in price, the Ethereum token has been unable to rise above the $2,000 mark.
This is not uncommon and can be a precursor to further price movements. However, it also indicates the uncertainty plaguing the market.
According to the latest crypto news, traders are now being more careful before making bigger bets on ETH’s next breakout.
Solana consolidates within the $80-$85 range amid volatility
Solana is showing a clear pattern of sideways movement, reflecting a project that hasn’t fully decided its next direction. It opened on March 2 at $84.75 and has fallen to $83.21 as of March 27, remaining firmly within the $80–$85 range.
Data from AliCharts shows a key demand zone between $91.45 and $82.60, where over 100 million SOL have previously been traded. However, if that zone fails to hold, lower levels around $53.10, $35.40, and even $23.60 may come into focus.
Conclusion
There are a lot of headlines in the crypto news today, but the focus for a while has been the DeepSnitch AI presale deadline. Slated for March 31, the deadline is just a few days away, leaving a small window for investors to join.
Users who join early are entitled to exclusive benefits before the general public, including some impressive bonus incentives. For instance, a $2,000 purchase would deliver 42,836 DSNT tokens. Applying the 30% bonus code (DSNTVIP30) increases this to 55,687 DSNT tokens, giving early buyers a meaningful boost.
To join this moonshot project, visit the DeepSnitch AI website and follow them on X and Telegram for updates.
FAQs
Why is DeepSnitch AI dominating the crypto news this week?
DeepSnitch AI is making rounds in the crypto news due to its presale deadline on March 31. Investors have only a short time to be part of this potential 500x project.
How high can DeepSnitch AI rise in its presale?
While there are no guaranteed numbers, DeepSnitch AI is projected to see a significant rise after its presale. There have been projections around a possible 500-1000x, and these numbers are not far-fetched.
Can the DeepSnitch AI bonuses still be accessed?
Yes. The DeepSnitch AI bonuses are available up until the end of its presale. Investors have only this short window to take advantage of it and multiply their holdings.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Crypto World
Retail shares under Elon Musk are increased by the SpaceX IPO plan
Allocation Violates Industry Standard
The share that is offered to the retail investors is far above the normal five to ten per cent that is common in most IPOs. As a result, this move might widen the accessibility of the public markets besides decreasing the proportion that is normally occupied by the large institutional investors. SpaceX is in the process of filing confidential IPO submissions with the US Securities and Exchange Commission in the days to come. Also, advisers working in the process attest that preparations are underway as the company approaches official filing.
The market estimates indicate that the firm may want to have a valuation value of more than 1.8 trillion dollars as it raises substantial capital. Besides, certain estimates suggest raising between 70 billion and 75 billion dollars, which will be bigger than expected before. In case of such estimates, the offering may become even bigger than the Saudi Aramco IPO in 2019. Such a listing brought in over 29 billion dollars and was the largest public offering to date.
SpaceX has also allocated particular functions to financial institutions rather than pursuing the conventional wide mandate. Finally, the domestic retail distribution will be handled by Bank of America, and global allocation will be done by Citigroup. In addition to this, Morgan Stanley will have the opportunity to aid in retail access via its E*Trade. platform. The given structure permits the company to direct various groups of investors in regions in a more segmented manner. SpaceX also has finished the process of integrating the artificial intelligence venture xAI into its functioning, which was invented by Musk. Also, the move makes the unit a wholly owned subsidiary and adds to combined private results that are estimated at nearly 1.
Crypto World
Goliath Mainnet Is Live: Onyx App Now Supports XCN Liquid Staking, Bridging, and Swaps
TLDR:
- Goliath mainnet is now live and fully integrated into the Onyx App for real-world DeFi use.
- XCN liquid staking auto-accrues rewards, removing manual claims and boosting capital efficiency.
- The native bridge enables seamless XCN transfers between Ethereum ERC-20 and Goliath networks.
- Goliath runs on aBFT consensus, supporting payments, governance, healthcare, and supply chain use cases.
Goliath mainnet is now live and fully integrated into the Onyx App. The launch marks a major step forward for the Onyx ecosystem. Users can now access bridging, liquid staking, and swapping at app.onyx.org.
The XCN token retains its native Ethereum ERC-20 support alongside the new mainnet. This release brings production-ready consensus, staking, and cross-chain interoperability into real-world use for the first time.
Liquid Staking and Swapping Now Available Across the Network
The Onyx Protocol team announced liquid staking integration directly within the updated Onyx App. Users can stake XCN and maintain liquidity at the same time.
Rewards accumulate automatically through a cumulative index, removing the need for manual claims. When users unstake, they receive their XCN and accrued rewards in one transaction.
The swap feature currently supports XCN, ETH, and USDC on the mainnet. Swaps are accessible when the new network is selected within the app.
This adds capital efficiency to the staking model already in place. The combined tools position the platform as a functional DeFi infrastructure layer.
Onyx Protocol confirmed the development on social media, stating that users can now access Goliath bridging, XCN liquid staking, and swaps at app.onyx.org.
The team also confirmed that XCN will remain the default Ethereum ERC-20 token alongside the new chain. This dual structure allows users to operate across both networks without disruption.
The staking model is built around modern DeFi standards. Capital efficiency remains central to the overall infrastructure design.
Native Bridge Enables XCN Transfers Between Ethereum and Goliath
The native bridge now allows XCN transfers between Ethereum and the mainnet. Users can move assets across both chains through the Onyx App directly.
The bridge supports the ERC-20 standard on one end and the native asset on the other. This setup makes cross-chain activity more accessible for everyday users.
The network operates on asynchronous Byzantine Fault Tolerance, or aBFT, consensus. This architecture delivers high throughput, deterministic finality, and fair transaction ordering.
Tamper-proof execution is also built into the core design. These properties support use cases such as cross-border payments, healthcare audits, and supply chain verification.
The team outlined the next development phase following the mainnet launch. Plans include expanding validator participation and enhancing cross-chain capabilities further.
Developer ecosystem growth and real-world application scaling are also on the roadmap. The project aims to serve mission-critical industries across multiple sectors.
With the network now operational, the Onyx ecosystem moves into a new phase of growth. Staking, bridging, and swapping are now consolidated within one platform.
Further updates are expected as the validator set expands. The XCN token continues to anchor the ecosystem across both Ethereum and Goliath.
Crypto World
MSTR Stock Slides; Director Share Sale Signifies New Pressure
Filing Details Emerge
The leakage indicated that Patten had exercised stock options that were awarded to him in 2016 and then sold the stocks. The filing indicated that Fidelity Broking Services was the one that transacted the transaction. Further, the sale seemed small in relation to the previous insider deals Several of the executives have sold shares in March, and this has raised concerns in the market. Phong Le, the chief executive, Andrew Kang, the head of finance, and the former executive, Wei Ming Shao, liquidated holdings. Also, there are executives who have made more than one deal in the same time.
Share issuance has been being followed by investors associated with the Bitcoin strategy of the company. The company has increased its capital base by way of equity offerings to expand its crypto assets. Therefore, the constant line of dilution has exerted pressure on the performance of the stock. The MicroStrategy shares have closed at the end of the last trading session, which was a sign of a general weakness in the market. The share fell by over four percent and settled around one hundred and thirty three dollars. In addition, the trading volumes remained lower than the average in the recent past.
Pre-market statistics indicated further decreases, as shares went down by approximately 2 per cent. The price got nearer to wiping out the gains realised earlier in the month. Therefore, the share has fallen drastically on an annual and yearly basis. Various companies have also reduced their price expectations in accordance with the recent trends. Citigroup, Bernstein and Mizuho analysts reduced forecasts. Nevertheless, one analyst had a higher long-term goal even with the type of near-term pressure.
Bitcoin Adds Pressure
The movement of prices of Bitcoin has also affected the stock direction of MicroStrategy. The cryptocurrency fell in the last session in the course of options expiry. Furthermore, the level of trading has gone up because the prices have been going in a narrow range. The world market has demonstrated signs of reduction of risks both in equities and in digital assets. This has been a contributing factor to the fall in the MicroStrategy shares in the recent past. Moreover, the mood of investors has not been optimistic due to the volatility that persists.
Insider sales, analyst revisions, and Bitcoin weakness are still a pressure on the MicroStrategy stock. The recent revelation has contributed to the near-term performance issues. The stock is therefore under close observation as the market conditions change.
Crypto World
Is Bitcoin Price Finally Heading Below $60,000? Here’s What Technical Charts Show
Bitcoin (BTC) price has dropped roughly 9% since briefly touching $72,000 on March 25, erasing all 30-day gains and entering negative territory at -2.6% over the month. It is currently trading flat over the past 24 hours near $66,900.
The decline produced a bearish breakdown of a pattern on the 12-hour chart. However, a hidden bullish divergence suggests a short-term bounce is possible. Whether that bounce has enough fuel to clear the overhead supply depends on the on-chain data.
Head and Shoulders Breaks Down on the 12-Hour Chart
The 12-hour BTC price chart shows a head and shoulders pattern that has been developing since late February. The neckline sat near $67,700, and the breakdown happened on March 27.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
On paper, the pattern’s measured move points to a 12% correction from the neckline. If realized, that would push Bitcoin price below the $60,000 psychological mark, targeting the $59,400 zone.
However, the Relative Strength Index (RSI), a momentum oscillator, offers a counter-reading. Between February 28 and March 27, the price formed a higher low while the RSI formed a lower low.
That hidden bullish divergence, which typically hints at trend continuation rather than reversal, has already produced a 1.87% bounce from the recent low.
The divergence suggests the floor near $65,000 may hold temporarily. However, the bounce faces a wall of supply directly overhead, and the whales who would normally push through it are not providing enough conviction.
Over 6% of Supply Sits Between $66,900 and $69,400
The UTXO Realized Price Distribution (URPD), a Glassnode metric that maps the price at which Bitcoin’s current supply was last transacted, reveals three dense clusters directly above the current price.
At $66,900 (close to the current price), roughly 2.37% of the total supply last changed hands. At $68,100, another 1.96% sits. And at $69,400, a further 1.96%. Combined, approximately 6.29% of the BTC supply is concentrated in a $2,500 range just above where Bitcoin trades now.
These clusters act as resistance because holders who bought at those prices and are currently sitting near breakeven tend to sell into any bounce to exit at minimal loss.
Whale behavior confirms how alarming these Bitcoin supply zones are currently. The largest cohort holding between 100,000 and 1 million BTC reduced their stash from 675,200 to 670,000 on March 24, a 5,200 BTC drop.
The mid-tier cohort (10,000 to 100,000) dipped and recovered, ending roughly flat at 2.25 million. Only the smallest whale tier (1,000 to 10,000) added marginally, rising from 4.21 million to 4.22 million.
The net effect across all three cohorts is a marginal addition of roughly 4,800 BTC. However, the conviction picture is weaker than that number suggests.
The biggest wallets, which carry the most market-moving weight, reduced exposure by 5,200 BTC. The smallest tier’s 10,000 BTC addition does not offset that in terms of directional influence, because large-holder distribution historically precedes further weakness, while smaller-tier accumulation often reflects dip-buying that gets absorbed by overhead supply.
That means any bounce from the hidden bullish divergence is likely to stall within the $66,900 to $69,400 range (the supply warning we highlighted earlier).
Bitcoin Price Forecast and the $66,600 Line
The most immediate deciding level for Bitcoin is $66,600. Holding above it means the immediate supply cluster has not yet triggered mass selling, yet. A bounce from here could push toward $68,700 and the $70,000 psychological level.
However, $70,000 would require clearing all three supply clusters. Given the weak whale conviction, any bounce under $70,000 remains at risk of another sell wave. The bearish structure only weakens above $72,000, the right shoulder high.
On the downside, losing $66,600 opens the path to $65,200 and $63,300. Below that, the head-and-shoulders measured move of roughly 12% targets the $59,400 zone, pushing Bitcoin below $60,000 for the first time since the February lows.
For now, $66,600 separates a shallow bounce toward $69,400 from a measured move breakdown below $60,000.
The post Is Bitcoin Price Finally Heading Below $60,000? Here’s What Technical Charts Show appeared first on BeInCrypto.
Crypto World
Bitcoin Outperforms Inflation 97% of the Time, Says Bitmine CEO Tom Lee
TLDR:
- Bitcoin has outperformed inflation 97% of the time, far exceeding gold’s 56% performance.
- Geopolitical tensions and rising oil prices may drive investor interest toward Bitcoin.
- Ethereum’s adoption by Wall Street and AI systems could increase its long-term value.
- Bitmine’s Ethereum holdings, staking, and venture investments position it for institutional growth.
Bitmine CEO Tom Lee emphasized Bitcoin’s performance against inflation at the Futu Investment Exhibition. He stated that since its creation, Bitcoin has outperformed inflation 97% of the time, compared to gold’s 56%.
Lee highlighted that this consistency makes Bitcoin a reliable store of value, attracting institutional attention, especially as the crypto winter shows signs of ending.
Bitcoin’s Inflation Resilience and Market Context
According to Lee, macroeconomic conditions are shaping investor behavior. Ongoing geopolitical tensions and elevated oil prices may slow global growth while benefiting the U.S. economy.
This environment encourages capital allocation to assets correlated with technology and growth, including Bitcoin.
Bitcoin’s long-term track record as an inflation hedge reinforces its appeal. Lee noted that gold, historically seen as a safe haven, has underperformed in comparison, creating a shift in institutional preferences. During the event, Tom Lee highlighted, “Bitcoin outperforms traditional inflation hedges over decades.”
Ethereum’s performance was also discussed, showing patterns similar to past market bottoms in the S&P 500. Analysis of Ethereum’s realized price suggests undervaluation relative to historical recovery points. Lee pointed out that these conditions may support renewed investor interest in crypto markets overall.
Investor behavior is responding to these signals. Reduced sell-side pressure, growing on-chain activity, and improved market sentiment suggest digital assets, particularly Bitcoin, are positioned for potential recovery and broader adoption.
Ethereum Prospects and Bitmine’s Strategy
Lee outlined Ethereum’s emerging role in traditional finance. Wall Street adoption is a primary factor driving future value.
Tokenization allows continuous trading, increased collateral mobility, and more efficient financial processes. Ethereum is viewed as the standard platform enabling these transformations.
AI developments also strengthen Ethereum’s potential. Agentic systems require decentralized identities and instant settlement, which blockchain networks can provide.
Ethereum’s smart accounts are being adapted to support autonomous applications. A tweet during the discussion noted, “Ethereum is preparing for AI and decentralized financial integration.”
Bitmine itself is strategically positioned to leverage these trends. The company maintains significant Ethereum holdings, high trading volumes, and pursues yield-generating strategies. Its Maven initiative focuses on large-scale staking to increase institutional returns.
Investments in ventures like Beast Industries and Orbs, which link to projects such as Worldcoin, further expand Bitmine’s market reach.
Ethereum price targets range from $12,000 to over $62,000, potentially translating to Bitmine share prices between $500 and $1,500, reinforcing the company’s growth prospects.
-
NewsBeat3 days agoManchester United reach agreement with Casemiro over contract clause amid transfer speculation
-
News Videos3 days agoParliament publishes latest register of MPs’ financial interests
-
Crypto World7 days agoBest Crypto to Buy Now: Strategy Just Spent $1.57 Billion on Bitcoin During Fear While Early Investors Quietly Enter Pepeto for 150x Potential
-
Crypto World7 days agoBitcoin Price News: Bhutan Sells $72 Million in BTC Under Fiscal Pressure, but the Smart Money Entering Pepeto Sees What the Market Does Not
-
Sports5 days agoRemo Stars and Kano Pillars Strengthen Survival Hopes in NPFL
-
Sports5 days agoGary Kirsten Accuses Pakistan Cricket Board Of ‘Interference’, Mohsin Naqvi Responds
-
Business6 days agoNo Winner in March 21 Drawing as Prize Rolls to $133 Million for Next
-
Tech6 days agoGive Your Phone a Huge (and Free) Upgrade by Switching to Another Keyboard
-
Tech6 days agoAI enters the chat: New Seattle dating app relies on tech to facilitate meaningful human connections
-
News Videos5 days agoCh 9 Financial Management Part 1 | Detailed One Shot | Class 12 Business Studies Boards 2026
-
Tech7 days agoToday’s NYT Connections Hints, Answers for March 22 #1015
-
Business2 days agoInstagram, YouTube Found Responsible for Teen’s Mental Health Struggle in Historic Ruling
-
Business6 days agoWill Duke Basketball Win It All? Duke Basketball Enters Second Round as Third Favorite to Claim NCAA Title
-
Sports5 days ago2026 Kentucky Derby horses, odds, futures, preview, date: Expert who hit 12 Derby-Oaks Doubles enters picks
-
NewsBeat18 hours agoThe Story hosts event on Durham’s historic registers
-
Entertainment5 days agoCynthia Bailey Dishes on ‘RHOA’ Season 17, Discusses Kandi
-
Tech5 days agoSamsung will soon let you control smart home devices from your car’s dashboard
-
NewsBeat6 days agoUpdate on Wisbech river crash as search for teenage boy enters fifth day
-
Fashion4 days agoDoes It Matter What You Wear When You’re Laid Off and Looking?
-
NewsBeat3 days agoTesco is selling new Cadbury Dairy Milk bar and people can’t wait to try it








You must be logged in to post a comment Login