Crypto World
21Shares Updates Crypto Reference Prices for Four Key ETPs
21Shares AG, a Switzerland based issuer of crypto exchange-traded products (ETPs), has announced significant updates to four of its Bitcoin and Ethereum-linked ETPs listed on the London Stock Exchange.
Effective March 26, 2026, the company will appoint FTSE International Limited as an additional index administrator for its program and switch the crypto asset reference prices used for these products.
The affected ETPs include:
- 21Shares Bitcoin ETP (ISIN: CH0454664001, tickers: ABTC / BTCU)
- 21Shares Ethereum Staking ETP (ISIN: CH0454664027, tickers: AETH / ETHU)
- 21Shares Bitcoin Core ETP (ISIN: CH1199067674, tickers: CBTC / CBTU)
- 21Shares Ethereum Core Staking ETP (ISIN: CH1209763130, tickers: ETHC / CETU)
Currently, these products rely on CCIX Bitcoin USD (CCBTC) and CCIX Ethereum USD (CCETH) as their reference prices.
Discover: The top crypto to diversify your portfolio with
How 21Shares and FTSE are Repricing Crypto ETPs
Henceforth, from March 26 onwards, they will transition to the FTSE Bitcoin Index (1HR 1700 CET) for Bitcoin products and the FTSE Ethereum Index (1HR 1700 CET) for Ethereum products. Accordingly, the corresponding new Bloomberg index codes will be FBTC1HRE and FETH1HRE, respectively.
The FTSE Global Digital Asset Index Series, administered by FTSE Russell (part of London Stock Exchange Group), provides institutional-grade benchmarks for digital assets.
These single-asset indices use a methodology involving the FTSE DAR Reference Prices, with the “1HR 1700 CET” variant applying a one-hour lookback to determine fixes at 17:00 Central European Time.
In essence, this aims to deliver reliable, screened pricing for crypto exposures, drawing from vetted exchanges and data sources.
The new changes subsequently enhance the robustness and standardization of pricing for these ETPs, aligning them with FTSE Russell’s established framework amid growing institutional interest in digital assets.
All other product details, including fees, structure, and regulatory listings with the UK’s Financial Conduct Authority, remain unchanged.
21Shares AG, headquartered at Pelikanstrasse 37, 8001 Zurich, Switzerland, emphasized that full details are available in its UK Base Prospectus dated January 8, 2026, accessible on its website. The announcement is not an offer to sell securities, particularly in the United States, where the products are not registered.
All things considered, this move reflects broader trends in the crypto ETP space toward diversified, high-quality index providers to improve transparency and investor confidence in volatile digital asset markets.
As Wall Street deepens its involvement in crypto products and billionaire investors increasingly eye crypto infrastructure, the methodology for weighting and pricing these basket components consequently becomes critical for maintaining accurate exposure to the broader market performance.
The post 21Shares Updates Crypto Reference Prices for Four Key ETPs appeared first on Cryptonews.
Crypto World
Why this boring stablecoin is suddenly the hottest trade in crypto
Shares of stablecoin issuer Circle (CRCL) have surged more than 100% over the past month, turning what many investors once viewed as one of the most conservative corners of crypto into one of the market’s hottest trades.
The rally gained momentum Monday, with the stock climbing another 8% to $124.37, outpacing other crypto-linked equities. Meanwhile, Michael Saylor’s Strategy (MSTR) and crypto exchange Coinbase (COIN) are up 23% and 8.5% in a month, respectively.

The move also coincided with recent bullish analyst calls. Clear Street upgraded Circle to Buy from Hold and raised its price target to $136 from $92, while Mizuho also raised its price to $120 from $100, pointing to improving fundamentals around the company’s USDC stablecoin.
Even Circle’s biggest bear, Compass Point’s Ed Engel, upgraded the company’s rating to Neutral from Sell in January. Currently, Seaport Global’s analyst is the most bullish on the stock, with a $280 price target, according to FactSet data.
Hottest crypto trade
The surge reflects a growing view among investors that Circle sits at the center of several powerful trends shaping the digital asset industry, from tokenized financial products to AI-driven payments.
Macro conditions may also be playing a role. Escalating tensions in Iran and rising oil prices have fueled concerns that inflation could remain sticky, potentially delaying Federal Reserve rate cuts. That scenario could benefit Circle because the company earns a large share of its revenue from interest on reserves backing USDC, its dollar-pegged stablecoin. Higher interest rates typically translate into stronger earnings for stablecoin issuers.
Circle’s core product is USDC, a digital token designed to maintain a value of $1. The stablecoin runs on public blockchains and allows users to move dollars globally, settle trades and post collateral without relying on traditional banking rails.
Unlike many crypto assets, demand for stablecoins often grows even when markets decline. Since October 2025, the total crypto market capitalization has fallen roughly 44%, while USDC’s market cap has remained relatively stable, according to Clear Street. The difference reflects USDC’s role as a payment infrastructure rather than a speculative asset.
Another driver is the rapid expansion of tokenized financial assets, which bring instruments like U.S. Treasuries and credit funds onto blockchain networks. Many of these products use USDC to process subscriptions, redemptions and payments. BlackRock’s tokenized Treasury fund BUIDL, for example, has grown to more than $2 billion in assets since launching in 2024.
Clear Street estimates the market for tokenized assets has expanded from about $1.5 billion in early 2023 to roughly $26.5 billion today, a trend closely tied to rising demand for stablecoins.
“The scale of this opportunity is significant,” Clear Street’s Lau said.
Other emerging use cases could add further momentum. Prediction markets such as Polymarket processed more than $22 billion in trading volume in 2025, largely using USDC as the settlement currency.
Analysts also point to AI-driven commerce as a longer-term catalyst. Autonomous software agents increasingly require programmable payment tools to purchase data, services or computing power. Early data suggests stablecoins already dominate these transactions, with roughly 98% of AI-agent payments settled in USDC.
Regulation could provide another boost. Analysts say the chances of U.S. crypto legislation advancing have improved after President Donald Trump voiced support for the proposed CLARITY Act, which would clarify oversight of digital assets and could encourage greater institutional participation.
For now, the result is a rare market moment: a company built around one of crypto’s most stable assets has become one of its fastest-rising stocks.
“We believe the Street has under-estimated the impact of tokenization, prediction markets, war and AI on USDC,” Lau noted.
Read more: Circle overtakes BlackRock in tokenized Treasuries as market hits record $11 billion
Crypto World
BlackRock’s ETHB staking ETF leans on Figment as Ethereum yield play goes mainstream
BlackRock’s ETHB staking ETF routes 70–95% of its Ethereum into validators run by Figment and others.
Summary
- ETHB is BlackRock’s first Ethereum ETF that adds staking rewards on top of spot exposure, with roughly 70–95% of ETH staked at any given time.
- Figment runs part of the validator infrastructure for ETHB alongside Galaxy Digital and Attestant, handling block proposals, attestations, and network security duties for the fund’s staked ETH.
- The ETF launched with about $100–107m in assets, did roughly $15.5m in first-day volume, and passes around 82% of gross staking rewards to shareholders, with a 0.25% fee cut to 0.12% on the first $2.5b for a year.
BlackRock’s new iShares Staked Ethereum Trust ETF (ETHB) is pulling institutional staking into the ETF wrapper — and delegating a crucial piece of that infrastructure to Figment. The fund, listed on Nasdaq under the ticker ETHB, is BlackRock’s first crypto product that offers staking rewards on top of spot exposure, staking between roughly 70% and 95% of its ether holdings through professional validator operators. Figment has been named one of the key node operators for ETHB, responsible for running Ethereum validation infrastructure, processing transactions, and helping secure the network on behalf of the trust.
ETHB quietly marks a structural shift in how traditional finance can access Ethereum’s (ETH) proof‑of‑stake economy. At launch, the ETF came to market with around $100–107 million in initial assets and generated about $15.5 million in trading volume on its first day, according to multiple data providers. Under normal conditions, the fund stakes most of that ether, returning roughly 82% of gross staking rewards to shareholders, with the current implied annualized yield around 3.1%, while BlackRock and its partners retain the remainder as fees. Management fees are set at 0.25%, temporarily reduced to 0.12% on the first $2.5 billion in assets for the first year, a pricing structure designed to pull flows away from un‑staked spot products.
Figment’s role is central to that pitch. As one of Ethereum’s largest institutional staking providers, the company operates validators that handle block proposals and attestations for ETHB’s staked share of ether, alongside other providers such as Galaxy Digital and Attestant. By outsourcing validation to specialist firms instead of building its own infrastructure, BlackRock can offer regulated clients exposure to staking yields while keeping operational risk and technical complexity at arm’s length. That model also gives Ethereum another anchor tenant in its validator set, deepening the pool of professionally run nodes that secure the network.
For Ethereum itself, the timing is favorable. ETH is trading around $2,201, up roughly 6.8% in the last 24 hours, with a 24‑hour low near $2,041.70 and high just above $2,200, on nearly $27.76 billion in volume. Staked ether has already hit record highs on‑chain, and the arrival of a yield‑bearing BlackRock ETF that locks up a large portion of its holdings reinforces that supply sink while giving institutions a familiar wrapper for participating in Ethereum’s security budget. For live data, readers can follow crypto.news’ dedicated Ethereum price page, and for more on ETF‑driven flows and Ethereum’s evolving role, see our recent coverage of Bitcoin ETF inflows after Iran tensions, analysis of macro shocks and BTC price volatility, and Michael Saylor’s continued treasury‑driven Bitcoin accumulation.
Crypto World
Foundation’s new mandate sparks debate about its role, priorities
The Ethereum Foundation’s new mandate — a sweeping document released Friday to clarify the organization’s role and principles — sparked a torrent of reactions, with supporters praising it as a long-overdue articulation of the blockchain’s ethos and critics saying it reinforces the foundation’s hands-off approach at a time when Ethereum needs stronger leadership to meet the growing needs of institutions.
The 38-page document lays out what the foundation described as a constitutional guide to its mission, emphasizing its role as a neutral steward rather than a centralized authority. The mandate frames the foundation’s job as maintaining Ethereum as a decentralized and resilient infrastructure while supporting the protocol layer and public goods across the ecosystem.
The document arrived at a pivotal moment for Ethereum. The network has matured into one of the world’s largest crypto ecosystems, and the foundation itself has gone through leadership changes and debates over how actively it should steer development.
Over the weekend, reactions on X quickly divided into two camps.
Critics: Not focused on products and institutions
Critics were quick to argue the mandate was overly philosophical and failed to address Ethereum’s need to compete for real-world adoption — particularly as institutional interest in blockchain grows.
Dankrad Feist, a former Ethereum Foundation researcher and key contributor to Ethereum’s scaling roadmap, said the document does little to address practical business development concerns about how the ecosystem serves real users.
“The fundamental problems remain: there are very few voices in ACD caring about real world Ethereum usage. There is nobody doing Ethereum BD (everyone else who is doing this also has their own separate interests),” he wrote in a post on X, referring to the two-weekly “all core developers” call.
Others suggested the mandate risks reinforcing a status quo in which the foundation holds significant soft influence without clearly defined responsibilities.
Yuga Cohler, an engineer at Coinbase, raised concerns the foundation may be focusing too heavily on ideological principles at a time when Ethereum faces increasing competition for institutional capital.
“Just as Netscape wasted time on a rewrite from version 4 to 6 at a time when Microsoft was absolutely killing them, the EF insists on focusing on cypherpunk values at a pivotal time when the institutions are finally coming onchain – often to other networks,” he wrote. “An EF determined to win would focus on how to make Ethereum the best chain for finance. That’s not what it’s doing today.”
Supporters: A clear statement of values
Others in the community welcomed the mandate as a reaffirmation of the network’s foundational principles.
Chris Perkins, president and managing partner at crypto investment firm CoinFund, said the document helps clarify the foundation’s purpose as a nonprofit steward of the ecosystem.
“The @ethereumfndn is a non-profit. Remember this. It makes sense for it to focus on vision, values and stewardship. I think its goals (censorship resistant, open source, private, and secure–CROPS) make sense,” he said in a post on X.
Taylor Monahan, a former Metamask employee and longtime Ethereum contributor, similarly described the mandate as a needed reminder of the foundation’s role, pushing back on critics who said the organization needs to operate like a product company.
“Users do not use blockchains. They use products. The EF is not building a product. They are building a blockchain. A platform. That allows anyone to permissionlessly build whatever the f** they want,” she wrote in her post. “I know it’s confusing bc there are a lot of shallow, single-purpose blockchains out there.”
Infrastructure firms in the Ethereum ecosystem also voiced support for the mandate.
Nethermind, a company that develops one of blockchain’s core client software implementations, said the document reflects many of the properties institutional buyers already look for when evaluating blockchain infrastructure.
“The EF Mandate codifies the properties institutional procurement already evaluates: operational resilience (security), data protection (privacy), no vendor lock-in (open source), and platform neutrality (censorship resistance),” the firm wrote in a post. “The @ethereumfndn protects the protocol. @Nethermind builds what institutions deploy on it.”
Supporters largely framed the mandate as a reaffirmation of Ethereum’s long-standing philosophy: maintaining a minimal base layer while enabling innovation at the application and infrastructure levels.
The broader debate
The debate surrounding the mandate reflects a deeper question about Ethereum’s identity as it grows.
The Ethereum Foundation has historically positioned itself as a coordinator of research, funding and ecosystem development, not a central governing authority. The new mandate appears designed to reinforce that philosophy, emphasizing principles such as censorship resistance, open-source development, privacy and security.
But as Ethereum becomes increasingly significant to global finance and digital infrastructure, questions about who — if anyone — speaks for the network, and how decisions are made, have become harder to avoid.
Read more: Ethereum Foundation publishes new mandate defining its role, core principles
Business
Why Privacy Coins Matter More Than Ever in 2026
And why DAPA is building the privacy layer the world actually needs
You might think privacy in crypto and other finacial transactions is a niche concern — the territory of paranoid technologists and whistleblowers. You would be wrong. In 2026, financial privacy is one of the most pressing issues facing ordinary people, businesses, and entire economies.
Blockchain technology promised freedom and transparency. But transparency cuts both ways. When every transaction you ever make is permanently recorded on a public ledger — visible to anyone with an internet connection — you have traded one kind of surveillance for another.
This is the problem that privacy coins exist to solve. And DAPA is solving it in a way that no other project has managed before.
The Transparency Trap
Bitcoin and Ethereum are often described as anonymous. They are not. They are pseudonymous — your real name is not attached to your wallet address, but everything else is.
Every transaction you make, every wallet you interact with, every balance you hold — it is all there, permanently, on a public blockchain. Sophisticated chain analysis tools used by exchanges, governments, and data brokers can often trace pseudonymous wallets back to real people with alarming accuracy.
Consider what this means in practice:
- A business rival can monitor your company’s payment flows in real time
- An employer can see exactly how much you were paid by previous clients
- A vendor you pay once can see your entire transaction history
- Governments can freeze assets based on wallet associations, not individual actions
- Data brokers can build detailed financial profiles and sell them
This is not hypothetical. It is happening right now, at scale. The open ledger that makes blockchain trustworthy is the same feature that makes it a surveillance tool.
What Privacy Coins Actually Do
Privacy coins are cryptocurrencies built from the ground up to shield transaction details from public view. The goal is simple: allow two parties to transact without broadcasting the details to the entire world.
But not all privacy coins are built equally. The approaches vary enormously in both technique and strength:
Mixing and tumbling
Early privacy approaches tried to obscure transactions by mixing coins from many users together, making it harder to trace the origin. This is relatively weak — determined analysis can often unpick the mix, and it provides no protection for balances.
Ring signatures and stealth addresses
Coins like Monero use ring signatures to blur which input actually signed a transaction, combined with stealth addresses to hide the receiver. This is significantly stronger, but the cryptographic approach has known theoretical weaknesses under certain conditions.
Zero-knowledge proofs
Zcash pioneered the use of zk-SNARKs — a form of zero-knowledge proof — to allow transactions to be verified as valid without revealing any of their contents. This is mathematically powerful but computationally expensive and complex to implement correctly.
Homomorphic encryption
This is where DAPA sits. Homomorphic encryption allows computation to be performed directly on encrypted data — without ever decrypting it. In the context of a blockchain, this means transaction amounts can be verified as mathematically correct while remaining completely hidden. It is arguably the most cryptographically sound approach available.
Why 2026 Is the Tipping Point
Privacy concerns in crypto are not new. But several converging forces have made 2026 a critical year for the sector:
Regulatory pressure is intensifying
Across Europe, North America, and Asia, regulators are pushing for greater blockchain surveillance capabilities. Know-Your-Customer requirements, travel rules for crypto transfers, and outright bans on privacy coins in certain jurisdictions are becoming more common. For ordinary users, this creates a genuine risk that financial privacy will simply be legislated away.
On-chain analytics has matured
The tools available to trace blockchain transactions have become extraordinarily sophisticated. Companies like Chainalysis and Elliptic can now attribute a high percentage of pseudonymous transactions to real identities. For most mainstream blockchains, meaningful anonymity no longer exists in practice.
Digital currencies are expanding
Central Bank Digital Currencies are being rolled out or piloted in dozens of countries. These government-issued digital currencies are, by design, fully traceable. As more transactions move onto these rails, the value of genuinely private alternatives increases dramatically.
Data breaches are normalised
Exchange hacks, data leaks, and insider threats mean that even data you intend to keep private can be exposed. Building privacy at the protocol level — rather than relying on a centralised party to keep your data safe — is the only robust approach.
What Makes DAPA Different
DAPA is not simply another privacy coin. It is a ground-up reconstruction of what a privacy-first blockchain should look like, built with modern cryptography and a modern consensus architecture.
ElGamal homomorphic encryption
DAPA uses the ElGamal encryption — a well-studied, battle-tested cryptographic scheme — to encrypt all transaction amounts on-chain. The blockchain can verify that inputs equal outputs (no coins are created) without ever learning the actual values involved. Your balance is encrypted. Your transfer amounts are encrypted. The network validates mathematically, not by reading your data.
BlockDAG architecture
Rather than a traditional linear blockchain, DAPA uses a Directed Acyclic Graph structure. This allows multiple blocks to be produced in parallel and referenced simultaneously, dramatically increasing throughput without sacrificing security. The result is a network that is faster, more resilient to forks, and better suited to high-volume payment usage.
Built in Rust
The entire DAPA daemon is written in Rust — a systems programming language chosen for its memory safety guarantees and performance characteristics. Rust eliminates entire classes of security vulnerabilities that plague C and C++ codebases, making DAPA’s core infrastructure significantly more robust.
Built for Total privacy
DAPA codebase provides a solid technical foundation, modified to implement full homomorphic encryption across the transaction model. This is not a rebrand — it is a genuine technical departure from the standard privacy blochain model.
The DAPA Ecosystem
DAPA is not just a coin — it is a growing ecosystem of tools designed to make private transactions genuinely accessible to everyone with a minimal cost:
- DAPA Coin — the core privacy currency, running on the live mainnet
- Web Wallet — a browser-based wallet at webwallet.dapahe.com for easy access from any device
- Zodiac Wallet — a desktop GUI wallet for Windows and Linux, available at dapahe.com
- DapaPay — a brand new payment platform at dapapay.com, bringing DAPA transactions to merchants and everyday use
- Block Explorer — full transaction and network visibility at dapaexplorer.cc
The combination of strong privacy cryptography with a practical, usable ecosystem is exactly what the sector has been missing.
The Genesis Sale: Getting In Early
DAPA is currently in its Genesis Sale — the earliest and most advantageous opportunity to acquire DAPA coins before wider exchange listings.
⚡ Genesis Sale — Tier 1 Details
- Price: $0.12 per DAPA
- Bonus: +50% coins on every purchase
- Supply: 2.5 million coins available in Tier 1
- Payment: PayPal, Stripe, Payoneer
- Buy now: dapacurrency.com
Early participants in projects with genuine technical differentiation have historically seen significant returns as the project matures and gains wider adoption. DAPA’s combination of homomorphic encryption, blockDAG architecture, and a live working ecosystem places it in a small category of projects with real substance behind the token.
The Bottom Line
Financial privacy is not a fringe concern. It is a fundamental right that the original promise of cryptocurrency implied but rarely delivered. The tools to build genuinely private money exist — ElGamal encryption, homomorphic computation, blockDAG consensus — and DAPA has assembled them into a working system.
Whether you are a privacy advocate, a developer interested in the cryptography, or simply someone who believes your financial data should belong to you, DAPA represents one of the most technically credible privacy projects currently in active development.
The Genesis Sale is live. The wallets are ready. The network is running.
It is time to take privacy seriously.
Crypto World
Bitcoin Price Soars to $74K, but Investors Are Already Eyeing New Altcoin GCoin This Week
Bitcoin’s price surged above $74,400 today, marking a multi-week high and reigniting optimism across the broader cryptocurrency market, as evidenced by the rise in altcoins.
The rally came amid renewed buying pressure, a wave of institutional demand, and yet another behemoth purchase by Michael Saylor’s Strategy.
Bitcoin Climbs to $74K as Market Momentum Builds
BTC rose to around $74,400 earlier today, then dipped slightly to its current price of about $73,700. The bulls regained control amid anticipation of macroeconomic developments, including inflation data releases, PPI, and more.
The move comes on the back of considerable institutional involvement last week. Data shows that investors in BlackRock’s IBIT BTC ETF bought a total of $600 million last week, marking five consecutive days of positive inflows.
Moreover, news just broke out that Strategy (formerly MicroStrategy) has bought another $1.57 billion worth of BTC during the same week, at an average price of around $70,194 per bitcoin. The largest corporate holder now owns a whopping 761,068 BTC worth $57.61 billion.
Today’s increase led to more than $300 million in liquidated short positions, which indicates the prevalent dominance of the bulls, at least for the time being. The good news is that this Bitcoin momentum is also transitioning through the rest of the market, and many altcoins are also charting considerable increases, painting the entire heatmap green.
With Bitcoin already testing major resistance near $74K, some analysts say the next phase of the market could be consolidation or a breakout. These are market conditions that generally favor altcoins.
GCoin Shines as Investor Focus Amid Favorable Market Conditions
As Bitcoin captures headlines with its latest rally, the attention is also shifting toward emerging altcoins that promise real-world utility in revenue-generating sectors. One of the projects gaining traction among early adopters is GCoin, the native utility token of the PlayNance ecosystem.
GCoin is designed to power a fully-fledged Web3 gaming and entertainment infrastructure, enabling real-time on-chain interactions through multiple platforms and digital experiences. Within its ecosystem, the token serves as a powerful economic engine, facilitating transactions, gameplay mechanics, and rewards.
According to the official website, the token is already actively used across the PlayNance ecosystem, powering:
- 10,000 on-chain games across many platforms
- 2.5M live sports events annually
- Millions of ongoing predictions and crash market interactions
The ecosystem itself processes an average of 1.5 million on-chain transactions every day, all executed using G Coin as the settlement and utility layer. PlayNance itself was founded in 2020 and specializes in non-custodial financial games and entertainment. Key products within the ecosystem include PlayW3’s social gaming aspect, PlayBlock, designed for high-frequency, real-time gasless transactions, and more.
G Coin is having its token generation event (TGE) in less than 36 hours, but interested parties can already buy the altcoin on its official sales page.
So far, almost 14 billion tokens have been sold, and the price is structurally increasing. This means that users have to participate quickly to lock in more favorable conditions. The project’s current market cap is around $40 million, and there are more than 200,000 holders, underscoring strong interest in what the project has to offer.
The smart contract has been audited by the market leader, CertiK.
Disclaimer: The above article is sponsored content. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and to do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotato’s full disclaimer.
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!
Crypto World
Is Dogecoin Ready to Rally?
DOGE might explode to $0.50 if it breaks above a certain level, one analyst claimed.
The biggest meme coin has caught the recent green wave sweeping through the cryptocurrency market, with its price rising to a 10-day high.
Whales are waking up, too, hinting that the real rally might only be starting.
Further Gains Ahead?
The cryptocurrency sector, especially the meme coin niche, has registered a substantial uptick over the past 24 hours. The undisturbed leader, Dogecoin (DOGE), soared by 6% daily, while its market capitalization once again surpassed $15 billion.
Given the whales’ recent accumulation, the OG meme coin could be poised for an additional increase. The renowned analyst Ali Martinez revealed that this cohort of investors has acquired 470 million DOGE in the past 72 hours. The stash is worth roughly $47 million (calculated at current rates).
Following the latest buying spree, the whales boosted their total possessions to almost 36 billion coins, representing 23.5% of Dogecoin’s circulating supply.
Such accumulation is typically considered bullish for the price as it reduces the amount of tokens available on the open market and signals growing confidence among major holders. Whales are known as experienced investors who rarely jump on the bandwagon without proper knowledge or research, leaving unanswered questions about whether they know something we don’t. In the aftermath, smaller players might be encouraged to join the ecosystem as well, thereby injecting fresh capital.
Some industry participants support the bullish outlook. X user Trader Tardigrade claimed that DOGE “is breaking out” from a certain setup that has historically preceded “a massive pump.” For their part, CoinQTS described $0.125 as a “key level to watch,” predicting a rally to as high as $0.50 should the price break above $0.13.
You may also like:
The recent DOGE exchange netflow may also sit well with bulls. Data show that outflows have consistently outweighed inflows over the past weeks, indicating that investors have shifted from centralized platforms to self-custody methods, thereby reducing immediate selling pressure.
On the contrary, Dogecoin’s Relative Strength Index (RSI) should serve as a warning that a short-term correction may also be on the horizon. The technical analysis tool measures the speed and magnitude of price changes to assess potential reversal points. It runs from 0 to 100, with ratios above 70 considered bearish territory, while anything below 30 is considered a buying opportunity. Currently, the RSI stands at around 76.
The Potential Elon Musk Effect
It is no secret that the world’s wealthiest person is keen on Dogecoin and has, over the years, endorsed it publicly, which has led to substantial price gains. Not long ago, Musk confirmed that X Money, the platform’s upcoming payments feature, will go live next month. It is expected to allow users to send and receive funds directly through X, with a strong emphasis on integrating digital assets into the effort.
X user Fuel wondered what would happen if Musk made DOGE the default currency for the new feature, suggesting such a move could push the price to $0.50 or even $1.
Many commentators on the post believe that Dogecoin will not play such a central role in X Money, with some describing the token as a “joke just like all meme coins.”
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!
Crypto World
buys 60,999 ether (ETH) as Tom Lee touts crypto strength amid Iran war

Bitmine Immersion Technologies (BMNR), the largest ether-focused treasury firm, bought 60,999 ether (ETH) last week as it continues to build up its holdings of the second-largest cryptocurrency by market capitalization.
In token terms, the purchase was the company’s biggest this year, though only a small increase from the previous week’s 60,976 ETH haul.
The latest purchase, worth nearly $140 million at current prices, lifted Bitmine’s ETH holdings to 4,595,562 tokens, valued at more than $10 billion, according to a Monday update from the company.
The firm maintained a $1.2 billion cash holding, even though it increased its stake in Worldcoin-focused (WLD) treasury firm Eightco (ORBS) last week alongside its ETH purchase.
Bitmine’s stock was nearly 9% higher pre-market as crypto prices rebounded over the weekend. ETH has advanced 8.4% over the past 24 hours.
The firm has steadily added to its treasury throughout the recent market downturn, even as unrealized losses on its position are estimated at around $6.5 billion, according to data from DropsTab.
Chairman Thomas “Tom” Lee said recent geopolitical tensions have not weighed on crypto prices as much as other assets.
“Since the start of the Iran war, crypto prices have outperformed and Ethereum has outperformed the S&P 500 by 2,450 basis points,” Lee said in a statement. “In our view, higher oil is triggering concerns of slowing growth for the global economy. And when investors worry about growth, they buy ‘growth stocks’ including MAG7, software and crypto.”
Bitmine continues to generate income from staking a large share of its ether holdings. The firm said it now earns about $180 million in annualized revenue from staking 3.04 million ETH, with potential staking revenue reaching $272 million once more of its tokens are locked to earn yield.
Read more: Ethereum Foundation sells 5,000 ether to Tom Lee’s BitMine in $10.2 million deal
Crypto World
Crypto wealth platform Abra to go public via $750 million SPAC deal

Crypto wealth platform Abra said it plans to go public through a merger with special purpose acquisition company New Providence Acquisition Corp. III in a deal that values the firm at $750 million.
The combined company will be renamed Abra Financial Inc. and is expected to list on Nasdaq under the ticker ABRX, according to an announcement.
The transaction could deliver as much as $300 million in cash from the SPAC’s trust account, though the final amount depends on shareholder redemptions and deal expenses.
Founded in 2014 and based in San Francisco, Abra provides a range of services for crypto investors. Its platform allows institutions, registered investment advisers, family offices and wealthy individuals to store crypto, trade hundreds of tokens, earn yield and borrow against holdings.
Assets sit in segregated accounts called vaults rather than on the company’s balance sheet. The firm operates an SEC-registered investment adviser and frames its services as a bridge between traditional wealth management and crypto markets.
Abra said proceeds from the transaction will support product development, hiring and expansion into areas such as tokenized real-world assets and decentralized finance.
The company reported “hundreds of millions of dollars in assets” under management and aims to exceed $10 billion by 2027.
Abra was founded by CEO Bill Barhydt as a mobile crypto wallet and remittance app aimed at retail users. During the last crypto bull cycle, the company expanded into lending and yield products through its Abra Earn program and raised $55 million in 2021 from investors including Blockchain Capital, Pantera Capital and RRE Ventures.
The company shifted strategy after regulators challenged parts of its lending business. In 2023 and 2024, Abra reached settlements with U.S. state regulators and the Securities and Exchange Commission tied to unregistered lending and securities offerings.
The firm shut its U.S. retail operations and returned funds to customers before rebuilding the business around institutional and high-net-worth clients through its SEC-registered investment arm, Abra Capital Management.
The proposed merger is pending approval from shareholders and regulators before closing.
Crypto World
South Korea Fines Bithumb $24M, Orders 6-Month Partial Suspension
Regulators in South Korea have intensified their crackdown on crypto exchanges, delivering a record 36.8 billion won fine and a six-month partial suspension to Bithumb after a comprehensive AML audit. The Financial Intelligence Unit (FIU) under the Financial Services Commission (FSC) disclosed findings of about 6.65 million AML violations during the inspection, spanning gaps in customer identity verification, transaction restrictions, and record-keeping. In addition, authorities flagged 45,772 crypto transfers tied to 18 unregistered overseas virtual asset service providers (VASPs), underscoring regulatory concerns about cross-border activity in the sector. The penalties were issued following a sanctions deliberation committee’s review of Bithumb’s compliance with the Act on Reporting and Use of Specific Financial Transaction Information, marking the largest fine to date imposed on a South Korean crypto exchange and signaling a broader, ongoing regulatory push across the domestic market.
Key takeaways
- Bithumb received a 36.8 billion won penalty and a six-month partial ban on processing external transfers for new customers.
- The six-month ban runs from March 27 to September 26; existing users are not restricted, and new customers can still trade, deposit, or withdraw won.
- The FIU had repeatedly warned Bithumb to halt dealings with unregistered overseas VASPs, but the exchange did not implement effective blocking measures.
- The enforcement wave extends beyond Bithumb, with Upbit previously hit by a three-month ban for new clients and a 35.2 billion won penalty in February 2025.
- Korbit later faced AML-related penalties, including a 2.73 billion won fine and an institutional warning in December 2025, illustrating a widening crackdown across major Korean exchanges.
Market context: The Bithumb action sits within a broader Korean initiative to curb AML/CTF risks in digital assets, a trend that has pressed exchanges to tighten know-your-customer and transaction-monitoring controls. The crackdown aligns with ongoing regulatory discussions and enforcement that signal higher compliance costs and operational adjustments for venue operators. In parallel coverage, reports have highlighted government plans to leverage artificial intelligence for crypto tax enforcement, underscoring a shift toward tech-enabled oversight in Korea’s crypto markets. See coverage noting AI-driven tax tracking for crypto gains: South Korea plans to use AI for crypto tax enforcement.
Why it matters
The immediate impact is a clearer demonstration that South Korea intends to enforce AML rules aggressively across its crypto ecosystem. For Bithumb, the sanction will not only affect its balance sheet but could also influence user trust and future licensing discussions as the exchange seeks to restore regulatory alignment. The six-month partial ban specifically restricts a key channel for onboarding new users—external transfers—while allowing ongoing operations for existing customers, a nuance that highlights how regulators tailor penalties to minimize disruption for current users while signaling deterrence for non-compliant practices.
The broader significance lies in the regulatory signal it sends to the global crypto community. As the Korean authorities pursue cross-border compliance more assertively, exchanges operating in the region are compelled to tighten their AML programs, KYC checks, and monitoring systems. The penalties levied on Upbit and Korbit in the preceding months reinforce that this is not a single case but part of a systematic crackdown. The evolving landscape may influence liquidity dynamics, compliance costs, and the strategic decisions of exchanges seeking to balance growth with robust risk controls.
What to watch next
- Monitor whether Bithumb completes the required AML remediation steps by the end of the six-month period (March 27 to September 26) and how the regulator assesses ongoing compliance.
- Assess subsequent regulatory updates or clarifications from the FIU or FSC regarding procedures to block transactions with unregistered overseas VASPs.
- Observe whether other exchange operators adjust their customer onboarding and cross-border transaction policies in response to the Upbit and Korbit penalties.
- Track any additional enforcement actions or penalties announced in 2025 and beyond as part of Korea’s broader AML drive against crypto firms.
Sources & verification
- Yonhap News Agency reporting on the 6.65 million AML violations and 45,772 transfers involving 18 unregistered overseas VASPs.
- Financial Intelligence Unit (FIU) sanctions deliberation committee decisions and related proceedings.
- FIU preliminary notice dated March 9, 2025, regarding a six-month partial suspension for Bithumb.
- February 2025 reporting on Upbit’s three-month ban for new clients and a 35.2 billion won penalty.
- December 2025 updates on Korbit penalties, including a 2.73 billion won fine and an institutional warning.
South Korea’s AML crackdown hits Bithumb: details and implications
The episode surrounding Bithumb reflects a methodical tightening of South Korea’s regulatory grip on crypto exchanges. The FIU’s findings paint a picture of a system grappling with the scale and speed of crypto-enabled activity, particularly when transactions cross national borders. The identified 6.65 million AML violations covered multiple facets of compliance, including know-your-customer verifications that failed to meet standards and gaps in preserving the transactional trails that regulators rely on to detect suspicious activity. In parallel, the revelation of 45,772 transfers involving 18 unregistered overseas VASPs highlights a specific risk area: cross-border liquidity channels that may escape standard domestic oversight without robust cross-border collaboration and verification mechanisms.
From a regulatory design perspective, the sanctions were anchored in the Act on Reporting and Use of Specific Financial Transaction Information, signaling that enforcement will continue to be anchored in established financial-transaction reporting frameworks. The six-month ban on processing external transfers for new Bithumb customers is a staged approach: it curtails onboarding pathways that regulators are most concerned about while allowing ongoing operations to avoid a complete shutdown that could destabilize market access for existing users. The precise window—March 27 through September 26—offers a finite period for Bithumb to demonstrate that its controls have improved to prevent new client onboarding through unregistered cross-border channels.
These measures are not isolated. They sit within a broader pattern of penalties that the FIU has directed at other major Korean exchanges in recent years, including Upbit and Korbit, each facing penalties tied to deficiencies in AML and customer verification. This pattern suggests regulators are signaling that non-compliance will carry meaningful consequences, regardless of exchange size or market share. The resulting regulatory friction could drive consolidation toward platforms that demonstrate stronger AML capabilities, while heightening operational costs for participants who must upgrade KYC systems, transaction monitoring, and regulatory reporting to align with evolving standards.
Crypto World
Rain, Pippin, and Pepeto Could Go Parabolic in 2026 as Pepeto’s Presale Return Math Points to 269x While Ethereum Sits Undervalued
A recent review from CryptoQuant CEO Ki Young Ju reveals that according to 9 out of 12 major valuation models, Ethereum is still trading below fair value. The average fair value comes out to about $4,836, meaning ETH has roughly 58% room to run from where it is now, according to CoinDesk.
That sounds solid on paper, but traders hunting for the next crypto to explode know that 58% upside does not change financial trajectories. That is exactly why the presale return math on Pepeto keeps attracting capital at $0.000000186, where the PEPE cofounder’s $7 billion track record backs arithmetic that ETH’s market cap cannot deliver.
The CryptoQuant analysis breaks down multiple models. Some projections put ETH as high as $9,887, but even at that extreme, you are looking at around 3x to 4x from here. For traders seeking the next crypto to explode, Ethereum’s massive market cap does not allow for moonshot returns anymore.
Institutional interest and ETF momentum are real but provide stability, not the explosive multiples early stage investors chase, per Bloomberg.
Undervalued tokens ready to surge in 2026
Pepeto: Presale return math makes this the next crypto to explode
If you are hunting for the earliest possible entry where the presale return math produces life changing numbers, Pepeto is still in presale with the PEPE cofounder directing the build. The project aims to give the $45 billion meme economy the dedicated infrastructure it has never had, with PepetoSwap, Pepeto Bridge, and Pepeto Exchange all announced and close to being ready.
At $0.000000186 per token, a $1,000 entry positions you for $269,000 at $0.00005. A $3,000 commitment targets $807,000. A $5,000 position crosses $1,345,000 at 269x, and the math doubles to 537x at $0.0001. SolidProof has verified every contract. Over 4 billion tokens have been permanently burned. 200% APY staking compounds positions daily.
The presale has crossed $7.99 million at $0.000000186, confirming that the arithmetic is attracting investors who calculate numbers before committing capital. Exchange listings are approaching. Every day you wait is another day closer to the moment when the open market reprices everything the PEPE cofounder has built.
SolidProof has provided the security assurance that positions Pepeto as one of the most verified presales in the market. The 269x projection is grounded in founder credibility, verified contracts, and infrastructure the $45 billion meme economy demands, but the window to capture that arithmetic is closing fast.
Rain: The prediction market play
Rain is trading at $0.009 on March 16 after institutional backing sent the token surging. The prediction market sector did over $3 billion in trading volume last quarter.
With constant buy pressure from token burns baked into the tokenomics, Rain remains a narrative play for investors who believe prediction markets keep growing.
Pippin: AI meme coin with strong backing
PIPPIN trades at $0.36 according to CoinMarketCap on March 16 with a market cap near $360 million. Created by the mind behind BabyAGI, the project gained over 150% in a recent rally.
If AI agent tokens dominate the next cycle, Pippin could surge further from current levels.
Conclusion
Ethereum being undervalued according to multiple models is solid news for portfolio stability. But the next crypto to explode is not coming from a $200 billion market cap asset where even optimistic targets produce single digit multiples. You missed PEPE when the cofounder launched it from nothing into $7 billion. You missed DOGE before it became a household name. You missed SHIB before it minted millionaires.
Pepeto at $0.000000186 with $7.99 million raised, SolidProof verification, and three infrastructure products approaching launch is that same entry point. The presale is still open, and the only question is whether you commit now or let another opportunity pass.
Click To Visit Pepeto Website To Enter The Presale
FAQs
Why is Ethereum unlikely to deliver massive returns?
ETH sits at a $200 billion market cap. Even hitting the most bullish targets produces 3x to 4x. The next crypto to explode with 269x potential requires presale positioning like Pepeto with the PEPE cofounder.
What is the next big cryptocurrency for 2026?
Many traders are betting on Pepeto because the PEPE cofounder has already built $7 billion in value, SolidProof has verified every contract, and three meme economy products are approaching exchange listings.
What counts as a crypto with 269x potential in this market?
Low presale pricing, a proven founder, verified contracts, and real infrastructure. Pepeto at $0.000000186 with the PEPE cofounder and three products fits every criterion for the next crypto to explode.
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.
-
Tech5 days agoA 1,300-Pound NASA Spacecraft To Re-Enter Earth’s Atmosphere
-
Crypto World3 days agoHYPE Token Enters Net Deflation as HyperCore Buybacks Outpace Staking Rewards
-
Business6 days agoExxonMobil seeks to move corporate registration from New Jersey to Texas
-
Fashion3 days agoWeekend Open Thread: Addict Lip Glow
-
Tech6 days agoChatGPT will now generate interactive visuals to help you with math and science concepts
-
Sports2 days ago
Why Duke and Michigan Are Dead Even Entering Selection Sunday
-
NewsBeat5 days agoResidents reaction as Shildon murder probe enters second day
-
NewsBeat7 days agoPagazzi Lighting enters administration as 70 jobs lost and 11 stores close across Scotland
-
Business5 days agoSearch Enters Sixth Week With New Leads in Tucson Abduction Case
-
Business21 hours agoSearch for Savannah Guthrie’s Mother Enters Seventh Week with No Arrests
-
Business2 days agoUS Airports Launch Donation Drives for Unpaid TSA Workers as Partial Government Shutdown Enters Fifth Week
-
Crypto World2 days agoCoinbase and Bybit in Investment Talks: Could Bybit Finally Enter the US Crypto Market?
-
NewsBeat5 days agoI Entered The Manosphere. Nothing Could Prepare Me For What I Found.
-
Business7 days agoSearch Enters 39th Day with FBI Tip Line Developments and No Major Breakthroughs
-
Business2 days agoCountry star Brantley Gilbert enters growing non-alcoholic beer market
-
Business6 hours agoAustralian shares drop as Iran war enters third week
-
Crypto World6 days agoWill Chainlink price reclaim $10 amid volatility squeeze?
-
Sports5 days agoPWHL, Senators discussing plan to keep Charge in Ottawa
-
Crypto World6 hours agoCrypto Lender BlockFills Enters Chapter 11 with Up to $500M in Liabilities
-
Sports3 days agoCollege Basketball Best Bets: Conference Tournament Semifinal Picks





You must be logged in to post a comment Login