Crypto World
Circle Internet Group (CRCL) Stock Surges 7.5% on Clear Street Buy Rating
Key Takeaways
- Clear Street analyst Owen Lau upgraded CRCL to Buy from Hold, increasing the price target from $92 to $136
- USDC circulation reached a new record of $79 billion after recovering from January’s $70 billion level
- Analyst identifies five key growth drivers: tokenized financial products, prediction market expansion, Middle East payment needs, AI agent infrastructure, and upcoming stablecoin regulation
- Year-to-date, CRCL shares are up 46%, though they remain 56% below the June 2025 high of $264
- Expected passage of the Digital Asset Market Clarity Act by summer’s end could trigger additional institutional investment
Shares of Circle Internet Group rallied 7.5% to $123.98 during Monday’s session after receiving a bullish upgrade from Clear Street, which elevated the stablecoin issuer to Buy and boosted its price target from $92 to $136.
The surge positions CRCL for its strongest closing price since October of last year, data from Dow Jones Market Data indicates.
Analyst Owen Lau at Clear Street outlined five distinct catalysts supporting the upgraded rating, emphasizing that each reflects genuine commercial adoption of USDC rather than speculative cryptocurrency trading.
Circulation of USDC has rebounded to a record $79 billion after sliding to approximately $70 billion in late January. This growth occurred despite the broader cryptocurrency market tumbling roughly 44% from October 2025 peaks.
“USDC market capitalization continued to trend higher, even as broader equity and crypto markets declined, suggesting demand was driven by transactional utility rather than speculative positioning,” Lau explained in his research note.
The ongoing Middle East conflict represents one significant demand driver. As traditional banking infrastructure and currency exchanges face disruption throughout the region, individuals have increasingly adopted USDC for remittance transactions and international payments — precisely the use case for which the stablecoin was originally designed.
Institutional Tokenization and Betting Platforms
Financial services firms continue accelerating their tokenization efforts — converting traditional assets into blockchain-based instruments — with USDC becoming a preferred settlement mechanism due to its regulatory framework and widespread platform integration.
Prediction markets contribute additional growth. Polymarket, which processed $22 billion in trading volume during the previous year and plans U.S. market entry, exclusively settles transactions in USDC. Increased activity on such platforms directly translates to higher USDC circulation.
The development of agentic AI represents a longer-horizon opportunity. The concept envisions autonomous AI agents executing tasks — arranging travel, executing contracts, processing purchases — without requiring human intervention. Such automated transactions demand digital payment infrastructure with 24/7 settlement capabilities. Circle is developing its Arc blockchain protocol specifically to support this emerging ecosystem.
“A central misperception among investors is conflating the fortunes of speculative crypto assets with the adoption trajectory of payment stablecoins,” Lau noted. “These are structurally distinct.”
Legislative Progress Expected
Clear Street anticipates a favorable regulatory development in coming months. The Digital Asset Market Clarity Act remains under negotiation, with the primary debate centered on whether stablecoin holders should receive yield on their holdings.
Given President Trump’s active engagement in pushing stakeholders toward resolution, Clear Street projects the Clarity Act will become law before summer concludes. The firm believes passage would remove a significant barrier to institutional capital allocation in digital assets.
“Our conversations with institutional allocators consistently highlight regulatory uncertainty as the primary barrier to increasing crypto exposure,” Lau stated.
The $136 valuation target applies a 30x EV/EBITDA multiple to Clear Street’s fiscal 2028 adjusted EBITDA projection of $1.132 billion, with an additional $2.3 billion in net cash incorporated.
CRCL experienced a dramatic decline from its $264 June 2025 peak to approximately $50 in February 2026 — representing an 81% drop — before staging a recovery exceeding 100%. The stock has gained 45.5% year-to-date and closed Monday’s session at $123.98.
Other Wall Street analysts maintain positive outlooks. Bernstein SocGen confirmed its Outperform rating, while Mizuho Securities lifted its price target to $120, highlighting that USDC transaction volume had exceeded competing stablecoin USDT for the first time since 2018.
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.
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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.”
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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.
Crypto World
BTC traders brace for $2B liquidation risk as market hovers near key levels
Summary
- Coinglass data show about $2.056b in BTC longs at risk if price slips below roughly $70,346, versus $1.514b in shorts facing liquidation above $77,312.
- Over the last 24 hours, crypto liquidations hit $402m, with $80.7m in longs and $322m in shorts wiped out; Bitcoin alone saw $131m in positions forced out.
- BTC trades around $73,778 and ETH near $2,201, with crowded leverage and tight liquidation bands signaling that the next break could trigger a sharp, forced move.
Coinglass liquidation data is sketching out a brutal risk corridor for Bitcoin (BTC), with billions in leveraged positions sitting just above and below spot. According to figures summarized by Jinshi Finance, if BTC drops below roughly $70,346, cumulative long liquidations on major centralized exchanges would climb to around $2.056 billion. On the flip side, a squeeze above about $77,312 would put some $1.514 billion worth of short positions at risk of being wiped out.
That overhang comes after an already heavy flush in the last 24 hours. Across the crypto market, total liquidations reached about $402 million over the period, with roughly $80.6751 million in longs and $322 million in shorts forced out of their positions. For Bitcoin alone, longs lost around $20.3203 million versus approximately $111 million in short liquidations, while Ethereum traders saw about $16.483 million in long positions and $142 million in shorts liquidated. In total, 94,026 traders were liquidated, with the largest single order — on Bitfinex’s tBTCF0:USTF0 pair — clocking in near $6.9442 million.
Despite that, spot prices in majors remain elevated. Bitcoin is currently trading around $73,778, up about 5.8% over the last 24 hours, after ranging between roughly $69,460 and $73,770 on more than $55.4 billion in volume. Ethereum is changing hands near $2,201, higher by around 6.8% on the day, with a 24‑hour low of about $2,041.70 and high of $2,200.03, and turnover close to $27.76 billion. This combination — strong spot, heavy leverage, and tightly clustered liquidation bands — is exactly the kind of setup that tends to produce sharp, directional moves when one side finally loses its grip.
For now, the message from the derivatives tape is simple: positioning is crowded, and the next impulsive move will likely be amplified by forced deleveraging. Traders running size around these levels need to respect the liquidation heatmap as much as the chart. Real‑time stats for majors are available via crypto.news dashboards for Bitcoin and Ethereum. For more on how leverage has shaped recent swings, see earlier reporting on why Bitcoin briefly slid under $66K, the latest ETF‑driven flows into BTC, and Michael Saylor’s continued treasury‑backed accumulation of Bitcoin.
Crypto World
Institutional investors held firm through bitcoin’s downturn, Bitwise CIO Matt Hougan says
Institutional investors may be proving more resilient bitcoin holders than critics expected, according to Bitwise CIO Matt Hougan, who says ETF flow data suggests professional investors have largely held onto their positions during the crypto market’s steep decline.
“The best evidence we have is in the ETF market,” Hougan said. “Bitcoin ETFs accumulated roughly $60 billion in net flows from their launch in January 2024 through October 2025. Since October 2025, prices are down 50%, but we’ve seen less than $10 billion in outflows from ETFs.”
Bitcoin exchange-traded funds attracted roughly $60 billion in net inflows between their launch in January 2024 and October 2025, Hougan told CoinDesk. Since then, the cryptocurrency’s price has fallen about 50%, yet ETFs have seen less than $10 billion in outflows.
“In other words, despite a punishing bear market, professional investors have proven to be ‘diamond hands’ in bitcoin,” he said.Hougan’s Bitwise offers a suite of digital asset investment products, including the Bitwise Bitcoin ETF (BITB). BITB has just under $3 billion in assets under management. The leading spot bitcoin ETF, BlackRock’s iShares Bitcoin Trust (IBIT) has more than $55 billion in AUM.
Bitcoin remains a ‘non-consensus asset’
Hougan said the data challenge a common criticism that institutional investors, often considered more sensitive to macroeconomic shocks and liquidity cycles, could sell their bitcoin exposure quickly during periods of market stress. However, he added, the opposite dynamic may be at play currently.
“Despite its progress in recent years, bitcoin remains a non-consensus asset,” he said. “Institutional investors who buy bitcoin today are still sticking their neck out and standing out from their peers.”
That career risk means institutions allocating to bitcoin today tend to have unusually strong conviction in the asset, said the CIO at Bitwise, a San Francisco-based company with over $15 billion in client assets under management.
That career risk means institutions allocating to bitcoin today tend to have unusually strong conviction in the asset, said the CIO at Bitwise, a San Francisco-based company with over $15 billion in client assets under management.
“As a result, the institutional investors who decide to allocate have very high conviction,” Hougan said. “They are not 51% convinced bitcoin is a good idea; they are 80% or 90% convinced. Otherwise, they wouldn’t take the risk.”
Because of that dynamic, he said he believes institutional capital could remain “very sticky” even during volatile market cycles “for the foreseeable future.”
The $1 million BTC question
Hougan said the behavior of institutional investors during downturns strengthens his long-term $1 million bitcoin outlook, on which he doubled down in the interview.
“The wildest thing about my $1 million prediction is that it’s not wild at all,” Hougan said. “All you need for bitcoin to get to $1 million is for the global store of value market to continue to grow as it has for the past 20 years and for bitcoin to become a minor but material part of that market.”
For Hougan, the resilience of institutional investors through volatile market cycles is part of that broader maturation process.
“It just needs what’s been happening for the past 10-20 years to keep happening for the next 10 years, and we’ll get there,” he said.
Crypto World
Ethereum price prediction $2.8K as bulls defend key levels and $1.8B in long liquidations
Ethereum price prediction as bounce above key moving averages has traders watching a potential breakout toward the $2,800 area — but a dense liquidation pocket still hangs below the market.
Summary
- Ethereum has reclaimed the 20-day and 50-day EMAs, carving a symmetrical triangle that points toward a $2,800–$2,850 upside target if bulls hold momentum.
- Coinglass data show about $1.8b in long liquidations sitting below $2,174, while a move above $2,400 could trigger roughly $792m in short liquidations.
- ETH trades near $2,201 alongside a broader majors grind higher led by Bitcoin around $73,778, with leverage stacked on both sides and execution risk elevated.
Ethereum (ETH) price has reclaimed several important technical levels, with analysts now framing $2,800 as a realistic upside target if bulls can sustain momentum. Recent research summarized by Jinshi Finance notes that ETH has moved back above its 20‑day exponential moving average (EMA) near $2,072 and the 50‑day EMA around $2,210, breaking out of a prior bearish flag and carving out a symmetrical triangle structure. If that triangle resolves higher, the measured‑move projection points toward roughly $2,850, an area that also coincides with the 200‑day EMA and a major resistance band from earlier in the year.
Ethereum price prediction
On the downside, derivatives positioning is creating a clear line in the sand. Coinglass data cited in the same report show that if ETH drops below about $2,174, cumulative long liquidations across major centralized exchanges would reach roughly $1.817 billion, concentrated in highly levered perp and futures positions. In contrast, a break above the $2,400 area would flip the script, triggering an estimated $792 million in cumulative short liquidations, potentially adding fuel to any upside move toward that $2,800–$2,850 target. In other words, price is pinned between a sizeable long liquidation air pocket beneath and a stacked short liquidation zone above.
Spot and derivatives traders are already starting to position around that range. According to crypto.news price data, Ethereum is currently trading near $2,201, up about 6.8% over the last 24 hours, with a session range between roughly $2,041.70 and $2,200.03 and 24‑hour volume around $27.76 billion. Bitcoin, which still sets the broader risk tone, is hovering close to $73,778, up 5.8% on the day, with a 24‑hour low of $69,460 and high of $73,770 on turnover above $55.4 billion. These moves suggest the latest bid in ETH is not happening in isolation, but as part of a broader grind higher in majors following the recent Iran‑driven volatility.
For traders, the setup is binary and brutally clear: lose the $2,170–$2,200 zone and that $1.8 billion long‑liquidation overhang becomes a real risk; reclaim and hold above $2,400 and shorts may be forced to chase into a low‑liquidity move toward the 200‑day EMA. In this kind of structure, execution and sizing matter more than conviction — especially with leverage stacked on both sides of the book. Readers can monitor intraday levels on crypto.news dashboards for Ethereum and Bitcoin, and for further context on how derivatives positioning has been shaping recent moves, see our coverage of why Bitcoin slipped under $66K earlier in the cycle, the latest ETF‑driven flows into BTC, and Michael Saylor’s ongoing treasury‑backed Bitcoin accumulation.
Crypto World
Bitcoin Leads $1.06B Surge in Digital Assets Amid Geopolitical Turmoil
XRP witnessed a second week of capital withdrawal, bucking the trend of broader digital asset gains.
Digital asset investment products attracted $1.06 billion in inflows last week, extending their streak to three consecutive weeks of positive flows. The inflows arrived during intense geopolitical tensions, which appear to have strengthened the perception of digital assets, especially Bitcoin, as a relatively safe haven compared with traditional markets.
Since the Iran crisis began, assets under management in digital asset exchange-traded products have climbed 9.4% and reached a total of $140 billion.
Capital Flow Amid Iran Crisis
According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, roughly three-quarters of last week’s investment activity was captured by Bitcoin, which drew $793 million. Over a three-week period, cumulative allocations have reached $2.2 billion, which has narrowed the gap with the earlier five-week phase when about $3 billion left the sector. At the same time, short Bitcoin products added $8.1 million, which means that investors still hold mixed views.
Ethereum attracted $315 million last week, pushing its year-to-date performance toward a near-neutral level, which was supported in part by new US staking ETF launches. Other digital assets also received fresh capital. For instance, Solana added $9.1 million, Sui $3.1 million, and Chainlink $2.4 million. Multi-asset investment products drew an additional $2.5 million.
On the other hand, XRP appears to have bucked the trend as it suffered its second week of outflows of $76 million. Litecoin also saw a minor withdrawal of $0.3 million during the same period.
The US dominated regional activity and accounted for 96% of recent digital asset investments. Canada and Switzerland contributed $19.4 million and $10.4 million, respectively. Hong Kong also recorded $23.1 million, its largest weekly inflow since August 2025. Germany posted a $17.1 million outflow, which is its first weekly reduction of the year, while Sweden and the Netherlands experienced smaller outflows of $0.5 million and $0.2 million, respectively.
Rising Risk Appetite
Tensions in the Middle East continued to escalate. Amid these developments, BTC has reclaimed a major resistance level at 71,300. According to experts, this suggests that some risk capital is beginning to flow back into the market. However, liquidity remains concentrated between 72,700 and 74,000. In a statement to CryptoPotato, a Bitunix analyst explained,
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“If prices stabilize above 71,300, the market could enter a new zone of liquidity competition in the short term. On the downside, support liquidity around 69,000 and 70,200 will be closely watched. With geopolitical uncertainty still elevated, the short-term structure of the crypto market continues to be driven primarily by shifts in risk appetite and the distribution of derivatives liquidity.”
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Crypto World
Andreas Antonopoulos takes a break from Bitcoin education
Andreas Antonopoulos, author of Mastering Bitcoin and one of the longest-serving Bitcoin educators, announced on Patreon that he’ll no longer produce livestreams or new content for subscribers.
While his Patreon account will stay active to maintain his existing library of books, workshops, and videos, his team stated over the weekend, “For health reasons, Andreas will not be doing any more livestream Q&A or producing any new content.”
According to Antonopoulos, he’s suffering from debilitating migraines that have resisted many attempts at treatment.
Antonopoulos has previously disclosed chronic, severe migraines. Someone in the community speculated that the condition could be something like Familial Hemiplegic Migraine, a rare and inherited neurological disorder whose episodic symptoms mimic strokes, including loss of motor control and speech.
Although Antonopoulos hasn’t publicly confirmed that specific diagnosis, the announcement pauses a notable public career.
Antonopoulos tried to get people into bitcoin early
Antonopoulos, a British-Greek computer scientist born in 1972, first learned about bitcoin (BTC) in 2011 when a single coin traded for a few dollars.
By 2012, he’d quit his consulting job, abandoned a career at the research company he founded, and started speaking and writing about Bitcoin. BTC’s price was less than $15 in 2012.
A now-iconic video from the Bitcoin 2013 Conference in San Jose shows Antonopoulos explaining BTC to a nearly empty room. BTC at that time was worth roughly $120.
Read more: Bitcoin’s Lightning Network is now under surveillance by US authorities
In 2014, Antonopoulos authored Mastering Bitcoin (2014), an O’Reilly technical book that became foundational reading for Core developers.
He followed with the Internet of Money trilogy (2016, 2017, 2019), co-authored Mastering Ethereum (2018), and co-authored Mastering the Lightning Network (2021). He released all of them open-source on GitHub, free for anyone to read, teach, or share. His YouTube talks remain unmonetized and ad-free.
He co-hosted the Let’s Talk Bitcoin! podcast (now Speaking of Bitcoin) and taught at universities. He’s widely credited with coining the phrase, “not your keys, not your coins.”
Loyal fans
One episode defined Antonopoulos’s standing in the community. In December 2017, Roger Ver publicly mocked him for not being a BTC millionaire despite years of unpaid advocacy.
The community’s response was swift. Over a thousand people donated more than 100 BTC, worth over $1 million at the time.
In January 2026, just two months before his health announcement, the Human Rights Foundation named him the recipient of the Finney Freedom Prize for the 2016–2020 halving era.
The award recognized his contributions to Bitcoin and human rights.
Antonopoulos said he’d donate half the financial prize to Creative Commons, the nonprofit that licenses the open works he built.
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