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Crypto Scams Declined in February, But Still Millions Were Lost

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Crypto Scams Declined in February, But Still Millions Were Lost

Crypto exploits declined by more than 90% in February, with digital asset thieves siphoning just $35.7 million across the ecosystem.

The sharp decline marks the quietest month for crypto security since March 2025, providing a brief reprieve for a sector routinely battered by nine-figure hacks.

Phishing and Oracle Attacks Linger Despite the Sharp Fall in Crypto Theft

Data compiled by blockchain security firm CertiK revealed a drastic month-over-month drop from January’s staggering losses.

Meanwhile, the figures also represent a massive year-over-year contraction. Last year’s February was dominated by a historic $1.5 billion exploit on the Bybit exchange, an anomaly that heavily skewed annual security metrics.

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Despite the broader market slowdown in illicit activity, targeted attacks still drained millions from decentralized finance protocols.

The single largest crypto exploit incident occurred on February 22 on the Stellar network.

According to Quill Audits, a hacker exploited the community-managed YieldBlox Blend pool. The attacker stole more than $10 million through a classic thin-liquidity oracle manipulation attack.

By executing a single abnormal trade in the highly illiquid USTRY/USDC market, the attacker artificially inflated the token’s price by a factor of 100.

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This tricked the protocol’s valuation system, allowing the attacker to execute massive undercollateralized borrowing.

A day earlier, on February 21, the Internet-of-Things blockchain project IoTeX suffered a major breach after a private key was compromised.

While CertiK estimated the losses at nearly $9 million, the IoTeX team claimed the stolen amount was closer to $2 million.

Security researchers noted the attacker used the compromised key to access the token safe, quickly swapped the stolen assets for ETH and routed them to Bitcoin using cross-chain bridges.

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Rounding out the top three was a $2.2 million exploit of Foom.Cash, a privacy protocol.

In this attack, the hacker reportedly exploited a cryptographic flaw to forge zkSNARK proofs. This allowed them to create fake digital credentials that the protocol accepted, enabling the withdrawal of large volumes of tokens.

Crypto Phishing Attacks Remain a Concern

Beyond smart contract vulnerabilities, phishing remains a persistent threat, accounting for exactly $8.5 million of February’s total losses.

The crypto phishing sector has flourished recently, driven by the rise of professionalized “drainer-as-a-service” providers like Angel Drainer and Inferno Drainer.

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These platforms allow scammers to execute large-scale malicious operations with minimal technical expertise. They provide fraudsters with a complete toolkit, including cloned websites, deceptive social media accounts, and automated smart contract scripts.

In exchange for providing this illicit infrastructure, the operators take a percentage of all stolen funds.

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Zuckerberg’s new AI tool signals Meta workplace overhaul

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Zuckerberg’s new AI tool signals Meta workplace overhaul

Meta CEO Mark Zuckerberg is reportedly testing an internal AI agent to assist with his daily work. The move reflects a wider shift within the company as it pushes to integrate AI tools across its operations and workforce.

Summary

  • Zuckerberg tests AI agent to speed up decisions and reduce internal communication layers at Meta.
  • Meta expands AI tools like MyClaw and Second Brain to improve workforce productivity.
  • Reports suggest possible layoffs as Meta shifts toward AI-driven efficiency and flatter team structures.

Reports indicate that Zuckerberg is already using an AI agent to retrieve information more efficiently. Instead of relying on internal teams, the system gathers data directly, reducing delays in decision-making. The tool remains under development but is already part of the CEO’s workflow.

This effort aligns with Meta’s broader strategy to improve productivity across its workforce. The company is exploring ways to simplify internal processes and reduce dependency on layered communication structures.

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Meta has been expanding its use of AI tools among employees. Internal systems such as MyClaw allow staff to access files, review chat logs, and interact with both colleagues and AI systems. These tools aim to streamline collaboration and reduce time spent searching for information.

Another tool, known as Second Brain, supports employees in managing tasks and projects. Built on Anthropic’s Claude infrastructure, it has been described internally as an “AI chief of staff.” These tools reflect Meta’s goal of increasing efficiency within its workforce of around 78,000 employees.

In addition, Zuckerberg has previously outlined plans to reshape how Meta operates. During a recent earnings call, he said that 2026 would mark a shift in how AI influences the company’s structure and productivity. He stated,

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“AI starts to dramatically change the way” Meta works.

He also noted that Meta is focusing on building an environment where individuals can contribute more directly. He said the company is “investing in AI-native tooling” and “flattening teams,” signaling a move toward fewer management layers and more independent contributors.

Layoff reports and industry trends

Separate reports suggest that Meta may consider additional layoffs as part of its AI strategy. Sources cited in recent coverage indicated that up to 20% of the workforce could be affected, though no timeline has been confirmed. Meta responded by describing such reports as “speculative.”

The move toward AI-driven efficiency is not limited to Meta. Several firms across the tech and crypto sectors have announced layoffs while increasing investment in AI tools. Companies such as Messari and Crypto.com have also reduced staff as they shift toward AI-focused operations.

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Iran’s Foreign Minister Says Insurance Markets, Not Missiles, Closed the Strait of Hormuz

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Iran’s FM Araghchi says insurance cancellations, not military action, are stalling Persian Gulf tankers.
  • Marine war risk insurers scrapped Gulf coverage, trapping an estimated 15 million barrels daily.
  • Bearish investor sentiment hit 52%, the highest since spring 2025, as the conflict feeds risk models.
  • Energy stocks gained 29% year-to-date in 2026 while Bitcoin dropped below $68,000 amid uncertainty.

The Strait of Hormuz remains physically open, yet global oil shipments have effectively stalled. Iran’s Foreign Minister Abbas Araghchi attributed the disruption not to military force but to marine war risk insurers.

Major providers have cancelled coverage for vessels operating in the Persian Gulf. Without active insurance policies, tankers cannot sail legally.

Roughly 15 million barrels of crude sit trapped daily. The standoff has rattled financial markets, pushing investor sentiment to its most bearish reading since spring 2025.

Insurance Cancellations, Not Mines, Grounded Persian Gulf Tankers

Araghchi took to X to address the shipping slowdown directly. He wrote: “Strait of Hormuz is not closed. Ships hesitate because insurers fear the war of choice you initiated—not Iran.”

He added that no insurer or Iranian would respond to further threats. His post pointed to an overlooked mechanism behind the disruption.

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Marine war risk insurers pulled coverage after regional hostilities intensified. Without a valid policy, no commercial tanker can legally complete its voyage.

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Mines and drone threats acted as triggers, but the underwriter’s spreadsheet became the real barrier. That dynamic has made military escorts largely ineffective.

Twenty-two countries coordinating with NATO face the same obstacle. Clearing mines or neutralising coastal batteries does not reopen shipping lanes when underwriters refuse to issue policies.

Providers like Lloyd’s of London base their decisions on actuarial models. Those models account for ongoing conflict, missile activity, and sustained military uncertainty.

Iran’s position, therefore, rests on the risk premium rather than a direct military blockade. As long as hostilities continue, insurers maintain their cancellations.

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The 48-hour ultimatum issued by US leadership added further pressure to those calculations. Each new escalation feeds the risk model rather than easing it.

Bearish Investor Sentiment Rises as Energy and Housing Data Diverge

The American Association of Individual Investors survey from March 19 recorded 52 percent of investors as bearish. That reading is the highest since spring 2025.

Bullish sentiment fell to 30.4 percent, leaving a negative bull-bear spread of 21.6 percentage points. These numbers reflect the same insurance-driven mechanism Araghchi described.

Energy stocks recorded 20 all-time highs in 2026, the most since 2013. The sector gained 29 percent year-to-date and 367 percent since the 2020 pandemic low.

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Traders are pricing a prolonged period of trapped supply. Meanwhile, Bitcoin fell below $68,000 amid broader market uncertainty.

New US home sales dropped 17.6 percent month-on-month to 587,000 units, the lowest since 2022. The median home price declined 6.8 percent year-over-year. Those figures point to stress in rate-sensitive sectors while the conflict continues.

The market has effectively split into two camps. One segment prices sustained high oil revenue. The other prices broad economic weakness.

Iran has warned that any strike on its power grid would permanently close the Strait of Hormuz. Insurers continue processing that statement the same way they process every other risk factor, by keeping policies cancelled.

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Rising Treasury Yields Trigger Selloff in Bitcoin (BTC) and Stock Markets

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Bitcoin (BTC) Price

Key Takeaways

  • Bitcoin (BTC) plunged from approximately $90,000 to close to $60,000 in early 2026, while equities remained resilient — but that’s changing.
  • Following the outbreak of conflict with Iran on Feb. 28, Treasury yields have surged, pushing Nasdaq and S&P 500 futures down to September levels.
  • The 10-year Treasury yield reached 4.41%, marking its highest point since August 1, climbing 48 basis points since hostilities began.
  • Both cryptocurrency and stock market sentiment indicators have plunged into “extreme fear” zones during late March.
  • Retail investor pessimism has reached 52% for the next six-month outlook — the most negative reading since May 2025.

Digital asset markets experienced severe turbulence at the beginning of 2026, with Bitcoin plummeting from approximately $90,000 to near $60,000 within a five-week period. During that same timeframe, U.S. equity markets showed remarkable resilience, hovering close to all-time peaks.

Bitcoin (BTC) Price
Bitcoin (BTC) Price

That divergence is rapidly disappearing — and not for positive reasons.

Since military operations involving Iran commenced on February 28, concerns about inflationary pressures and diminishing prospects for Federal Reserve interest rate reductions have driven U.S. Treasury yields significantly higher. This shift has started dragging equities downward, mirroring the weakness that bitcoin telegraphed several weeks ahead.

The benchmark 10-year U.S. Treasury note yield advanced to 4.41% during early Monday trading, marking its strongest level since the beginning of August. The yield has increased by 48 basis points from when the Iranian conflict initiated. Meanwhile, the two-year Treasury yield has surged 57 basis points to reach 3.94%.

Elevating yields carry significant implications because they increase borrowing expenses throughout the broader economy — affecting everything from home mortgages to business financing. This dynamic typically dampens enthusiasm for riskier assets in equity markets.

Nasdaq futures declined to 23,890 points during Monday’s early session, representing the weakest level since September 11. S&P 500 e-mini futures tumbled to 6,505 points, similarly marking their lowest position since September.

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E-Mini S&P 500 Jun 26 (ES=F)
E-Mini S&P 500 Jun 26 (ES=F)

Bitcoin Functions as an Early Warning System

Market observers have consistently monitored bitcoin as a forward-looking gauge for overall risk sentiment. Its sharp decline during early 2026 may have served as an advance warning of the turbulence equities are currently facing.

In a recent analysis, Bloomberg Senior Commodity Strategist Mike McGlone highlighted that bitcoin occupies a position “at the top of the risk-assets iceberg,” suggesting its deteriorating price action could represent the initial phase of a broader market correction — especially if volatility in commodities spills over into stock indices.

Bitcoin has traded within a relatively narrow range in recent weeks, oscillating between $65,000 and $75,000. Monday morning prices hovered around $68,790. However, derivatives market indicators reveal profound anxiety, with an unprecedented skew toward put options — financial instruments designed to protect against additional price declines.

Anxiety Permeates Both Asset Classes

Measures of market sentiment indicate that fear has become pervasive. The Crypto Fear & Greed Index has retreated to “extreme fear” status. A comparable gauge tracking stock market sentiment has likewise experienced a sharp deterioration.

Blockchain analytics provider Alphractal characterizes this simultaneous emergence of fear across both markets as an uncommon occurrence, advising investors to maintain heightened vigilance.

Data from the American Association of Individual Investors reveals that 52% of retail market participants maintain a pessimistic view for the upcoming six months. This represents the most bearish sentiment registered since May 2025.

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Donald Trump’s 48-hour deadline concerning the Strait of Hormuz continues ticking down, contributing additional uncertainty to market psychology.

Market analyst Tony Severino highlights a recurring historical phenomenon where bitcoin’s correlation with the S&P 500 declines to -0.5 before experiencing a dramatic reversal upward — a configuration he suggests frequently precedes significant equity market declines. That correlation metric has recently shifted back into positive territory.

“Typically there’s an initial rally that amplifies the subsequent pain,” Severino noted.

Current market pricing reflects a modest probability that the Federal Reserve might actually increase interest rates instead of implementing the anticipated cuts.

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Scaramucci Predicts Bitcoin Bull Run Returns by Late 2026 Amid Market Downturn

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Key Takeaways

  • SkyBridge Capital’s Anthony Scaramucci maintains that Bitcoin’s traditional four-year market cycle continues operating despite growing institutional participation
  • Significant profit-taking occurred around the $100,000 price milestone, creating substantial sell-side pressure that pushed BTC from $126,000 down to $60,000
  • While institutional capital and exchange-traded funds have dampened price swings, they haven’t fundamentally altered the cyclical nature of Bitcoin markets
  • Scaramucci anticipates volatile, sideways price action throughout most of 2026 before a fresh uptrend emerges in the fourth quarter
  • The S&P 500 declined 1.3% and breached its 200-day moving average, prompting warnings that Bitcoin might decline 50% if correlation with equities persists

Anthony Scaramucci, the managing partner at SkyBridge Capital, maintains that Bitcoin is experiencing a typical four-year cycle pullback and anticipates price recovery beginning in Q4 2026.

Scaramucci offered these insights during an appearance on Scott Melker’s “The Wolf of All Streets” podcast. He identified selling activity around the $100,000 price level as a primary catalyst behind the ongoing downturn.

Early adopters and long-term Bitcoin holders viewed the $100,000 mark as a significant profit-taking opportunity. This selling wave created downward momentum despite simultaneous institutional capital entering the market.

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Bitcoin reached a peak near $126,000 before experiencing a steep decline to $60,000. This correction shattered widespread market predictions that BTC would reach $150,000 during 2025.

According to Scaramucci, those bullish projections were driven by Donald Trump’s cryptocurrency-friendly policies and improved regulatory conditions in the United States. However, he emphasized that markets typically defy consensus expectations.

He referenced early 2023 as a perfect illustration. Bitcoin began its recovery in January 2023 during a period of extreme bearish sentiment following FTX’s November 2022 collapse.

“It was at a period of great disinterest and great apathy that the bull market started again,” Scaramucci noted.

Institutional Participation Has Modified But Not Eliminated the Cycle

Scaramucci explained that Bitcoin exchange-traded funds and institutional capital have moderated volatility without destroying the cyclical framework. While price fluctuations have become less dramatic, the fundamental pattern persists.

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He characterized the cycle as somewhat self-reinforcing. Market participants who recognize and trade based on the four-year rhythm effectively perpetuate the pattern through their collective behavior.

U.S. spot Bitcoin ETFs have attracted approximately $2 billion in net inflows during the last four weeks, representing the most extended period of positive flows seen in 2026.

Bitcoin’s Correlation With Traditional Equity Markets Strengthens

Bitcoin dropped beneath $69,000 on Saturday as escalating Middle East geopolitical tensions continued pressuring risk-sensitive assets. The Iran situation has now stretched into its third week, creating headwinds for global financial markets.

The S&P 500 fell 1.3% on Friday, closing below its 200-day moving average for the first occurrence in ten months. This technical level serves as a critical indicator for assessing long-term equity market trends.

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Several market analysts now suggest Bitcoin could experience an additional 50% decline in 2026 if its correlation with the S&P 500 remains elevated.

Scaramucci characterized the present correction as an ordinary downturn consistent with historical cycles. He projects continued volatility and range-bound trading for the majority of the year before a new bullish phase initiates in Q4 2026.

U.S. spot Bitcoin ETFs have accumulated approximately $2 billion in total inflows during the previous four-week period.

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Bithumb moves to reappoint CEO amid AML probe pressure

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Bithumb moves to reappoint CEO amid AML probe pressure

Bithumb is moving to retain CEO Lee Jae-won as the South Korean crypto exchange faces regulatory pressure and fresh scrutiny over compliance controls. Shareholders are expected to vote on his reappointment at the company’s regular meeting on March 31.

Summary

  • Bithumb seeks CEO Lee’s reappointment despite AML penalties and ongoing regulatory investigations in South Korea.
  • Exchange faces transfer restrictions, fines, and scrutiny over a major Bitcoin promotion error.
  • South Korea’s growing crypto market adds pressure as Bithumb prepares for license renewal.

Bithumb will reportedly ask shareholders to approve another two-year term for Lee Jae-won. His current term ends at the close of March. If shareholders approve the proposal, Lee will continue leading the exchange during a period of regulatory pressure.

The reported move comes as Bithumb remains the second-largest crypto exchange in South Korea by trading volume, per CoinGecko data. The company continues to hold a strong market position behind Upbit, while Korbit remains smaller by comparison.

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Regulatory action adds pressure

Bithumb has recently faced action from South Korea’s Financial Intelligence Unit. In March, the regulator reportedly imposed a six-month partial suspension and a 36.8 billion won fine over alleged anti-money laundering failures.

Under the reported measures, new customers will not be allowed to make external crypto transfers from March 27 through Sept. 26. The case has added pressure on the exchange as it manages compliance and prepares for future licensing requirements.

Moreover, the exchange also drew attention in February after it reportedly credited users with 2,000 Bitcoin instead of 2,000 won during a promotional campaign. That error led to the distribution of 620,000 coins that the exchange could not support.

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Bithumb is also waiting for the outcome of another probe linked to alleged order book sharing with an overseas platform. According to the Korea Times, an industry official said, 

”Bithumb will be on edge awaiting the results of ongoing regulatory probes, as the company still needs to renew its virtual asset service provider license.”

South Korea’s crypto market keeps growing

The leadership decision comes as South Korea’s crypto market continues to expand. The sector has seen stronger policy support since President Lee Jae-myung took office and advanced crypto-related measures, including a bill tied to stablecoins.

Crypto ownership has also risen sharply in the country. Earlier data showed South Korean crypto exchange users had surpassed 16 million, equal to more than 30% of the population. Market estimates also project the country’s crypto sector could generate $1.3 billion in revenue in 2026.

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Resolv Protocol Hacked: $25 Million Drained Through USR Stablecoin Vulnerability

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

Key Highlights

  • A sophisticated attacker leveraged a vulnerability in Resolv’s USR minting mechanism, generating approximately 80 million unbacked tokens from an initial deposit of just $200,000 in USDC
  • The hacker successfully extracted 11,409 ETH, valued at approximately $25 million
  • USR’s value plummeted to $0.025 on Curve Finance before staging a partial recovery to roughly $0.85
  • Resolv has suspended all protocol operations; while the team claims the collateral pool remains secure, USR token holders sustained significant losses due to supply inflation
  • Major DeFi platforms including Morpho, Lido, and Aave quickly responded to assess and mitigate their exposure

A critical security breach struck Resolv’s USR stablecoin on Sunday, with an attacker exploiting vulnerabilities in the minting infrastructure to generate approximately 80 million unbacked tokens, ultimately draining roughly $25 million worth of Ether from the protocol.

The malicious activity commenced around 2:21 a.m. UTC. The perpetrator initiated the attack by depositing 100,000 USDC into Resolv’s USR Counter contract, receiving an astronomical 50 million USR in return — approximately 500 times the legitimate amount. A follow-up transaction produced an additional 30 million tokens.

Following the unauthorized minting, the attacker systematically exchanged the fraudulent USR for USDC and USDT through various decentralized exchanges, subsequently consolidating the proceeds into ETH. The attacker’s wallet currently contains 11,409 ETH, representing approximately $23.7 million in current market value.

USR, engineered to maintain a $1 price peg, catastrophically collapsed to $0.025 on Curve Finance merely 17 minutes after the initial minting transaction. While the token experienced a partial rebound to approximately $0.85, it remained significantly depegged as of Sunday morning.

Resolv Labs announced on X that all protocol operations had been temporarily suspended. The development team emphasized that the collateral pool “remains fully intact” with “no underlying assets” compromised. They characterized the vulnerability as “isolated to USR issuance mechanics.”

Despite these assurances, blockchain analysts highlighted that existing USR holders suffered substantial damage. The massive influx of 80 million newly minted tokens severely diluted the circulating supply, while the attacker’s aggressive selling depleted available pool liquidity. Any investors holding USR during the incident experienced immediate portfolio losses.

Security Flaws Traced to Inadequate Access Management

Blockchain security analyst Andrew Hong identified the breach’s origin as a privileged account designated as the SERVICE_ROLE. This critical account was controlled by a single externally owned account rather than a more secure multisignature wallet. The minting contract lacked essential safeguards including oracle verification, amount validation protocols, and maximum minting thresholds.

Pashov, a security firm that previously audited Resolv’s staking module in July 2025, informed Cointelegraph that the fundamental issue appears to stem from a private key compromise rather than inherent weaknesses in the protocol’s architectural design.

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Cyvers CEO Deddy Lavid emphasized: “Audits alone are not enough. If you’re not monitoring minting and supply in real time, you’re blind when it matters most.”

Resolv’s official website documents 14 separate audit engagements conducted by five distinct security firms, a $500,000 bug bounty program hosted on Immunefi, and ongoing smart contract surveillance systems.

DeFi Ecosystem Responds to Contain Fallout

Numerous DeFi platforms implemented rapid response measures following the exploit. Lido confirmed that user funds deposited in Lido Earn remained secure. Aave founder Stani Kulechov stated the platform maintained no direct USR exposure and confirmed Resolv was actively repaying outstanding debt. Morpho co-founder Merlin Egalite clarified that only specific vaults had USR exposure.

Contagion Effects Spread Through Lending Ecosystems

Both USR and its staked derivative wstUSR were approved as collateral assets on platforms such as Morpho and Gauntlet. Market analysts observed that opportunistic traders may have acquired USR at its severely discounted price and leveraged it to borrow USDC at the full $1 valuation, effectively draining liquidity reserves from affected vaults.

Resolv’s junior insurance tranche, RLP, also faces potential capital impairment. Stream Finance, holding a substantial 13.6 million RLP position valued at approximately $17 million, could transmit additional losses to its depositor base. Stream previously disclosed a $93 million loss in November 2025.

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The RESOLV governance token declined approximately 8.5% in the 24-hour period following the security breach.

This Resolv incident exemplifies a broader industry pattern. According to a recent Immunefi report, the average cryptocurrency hack now inflicts damages of approximately $25 million, with the five largest exploits during 2024–2025 representing 62% of total stolen funds.

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Market Analysis: Gold Hit Hard While WTI Crude Oil Rallies on Intensifying Iran Crisis

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Market Analysis: Gold Hit Hard While WTI Crude Oil Rallies on Intensifying Iran Crisis

Gold price extended losses below $4,500 before the bulls appeared. WTI Crude oil prices are rising and could climb further higher toward $105.00.

Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today

· Gold price failed to clear $5,000 and declined heavily against the US Dollar.

· There is a key bearish trend line forming with resistance at $4,525 on the hourly chart of gold at FXOpen.

· WTI Crude oil prices are moving higher above the $95.00 resistance zone.

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· There was a break above a connecting bearish trend line at $97.00 on the hourly chart of XTI/USD at FXOpen.

Gold Price Technical Analysis

On the hourly chart of Gold at FXOpen, the price failed to settle above $5,000 and reacted to the downside, as discussed in the previous analysis. The price traded below $4,800 and $4,650 to enter a bearish zone.

There was a sharp drop below $4,500. The price settled below the 50-hour simple moving average, and RSI dipped below 30. Finally, it tested the $4,320 zone. A low was formed at $4,319, and the price is now consolidating losses.

Immediate resistance on the upside is $4,420 or the 23.6% Fib retracement level of the downward move from the $4,734 swing high to the $4,319 low.

The first major hurdle sits at $4,525. There is also a key bearish trend line forming with resistance at $4,525 and the 50% Fib retracement. A close above $4,525 could initiate a recovery wave to $4,635. An upside break above $4,635 could send Gold price toward $4,735. Any more gains may perhaps set the pace for an increase toward $5,010.

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If there is no fresh increase, the price could continue to move down. Initial support on the downside is near the $4,320 level. The first key area of interest might be $4,300. If there is a downside break below $4,300, the price might decline further. In the stated case, the price might drop to $4,200.

WTI Crude Oil Price Technical Analysis

On the hourly chart of WTI Crude Oil at FXOpen, the price started a strong increase from $91.80 against the US Dollar. The price gained bullish momentum after it broke $95.00.

There was a sustained upward movement above $95.50 and $98.00. More importantly, there was a break above a connecting bearish trend line at $97.00. The bulls pushed the price above the 50-hour simple moving average, and the RSI climbed toward 60.

A high was formed near $99.42 before there was a minor pullback. The price declined below the 23.6% Fib retracement level of the upward move from the $91.77 swing low to the $99.42 high.

However, the bulls are active above $95.00. Immediate resistance is $99.40. If the price climbs further, it could face hurdles near $100.00. The next major stop for the bulls might be $102.00. Any more gain might send the price toward $105.00.

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Conversely, the price might correct gains and retest the 50-hour simple moving average at $95.60 and the 50% Fib retracement. The next area of interest on the WTI crude oil chart could be $94.70.

If there is a downside break, the price might decline to $91.80. Any more losses may perhaps open the doors for a move toward $85.00.

Start trading commodity CFDs with tight spreads (additional fees may apply). Open your trading account now or learn more about trading commodity CFDs with FXOpen.

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

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Dogecoin (DOGE) Price Poised for 350% Breakout, Technical Patterns Suggest

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Dogecoin (DOGE) Price

Key Takeaways

  • DOGE consolidates around $0.094 within a descending triangle pattern established since the 2021 all-time high
  • Critical resistance level at $0.10 could unlock price objectives between $0.20 and $0.30
  • Elliott Wave framework indicates DOGE may be finishing its final corrective phase around $0.093–$0.094
  • Technical analyst Javon Marks spots hidden bullish divergence with potential upside to $0.44
  • Blockchain metrics reveal 60,000–110,000 daily active addresses, indicating consistent network engagement

Dogecoin (DOGE) currently hovers around $0.094 as of March 21–22, 2026, confined within a prolonged technical consolidation structure that market participants are monitoring with keen interest.

Dogecoin (DOGE) Price
Dogecoin (DOGE) Price

Following its peak at $0.73 in May 2021, DOGE has experienced approximately 73% depreciation and transitioned into a lengthy consolidation period. The weekly timeframe reveals a formation of descending peaks creating a triangle configuration, with price support maintained within the $0.055 to $0.08 corridor.

Chart analyst CryptoPatel drew attention to this formation, observing that DOGE is positioned close to the upper limit of this extended compression area. This pattern indicates diminishing volatility as downward momentum weakens.

Analyst Crypto Lens identifies a 5-year demand region surrounding $0.07867. Historical breakouts from comparable formations delivered returns of +173%, +180%, and +421%, although historical performance doesn’t ensure future replication.

Elliott Wave Analysis and Momentum Divergence

Certain market observers interpret the current structure using Elliott Wave methodology. According to this framework, DOGE appears to be finalizing the fifth and concluding segment of a corrective downtrend, with Fibonacci projections clustering between $0.093 and $0.094.

Should this wave sequence conclude near present price levels, buying interest may emerge to challenge resistance around $0.098–$0.10.

Independently, analyst Javon Marks has detected a hidden bullish divergence developing within the $0.093–$0.095 territory. While price establishes higher lows above $0.09, momentum indicators are recording lower lows — a technical condition frequently linked to diminishing bearish momentum.

Marks proposes that if this divergence materializes as expected, DOGE might surge beyond 350%, reaching price levels exceeding $0.44 from approximately $0.093.

Critical Price Zones Under Observation

TradingView technical summaries continue displaying a “Sell” orientation across moving average metrics. Momentum oscillators such as RSI and Stochastic maintain predominantly neutral readings.

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Market participants are focusing on these crucial levels:

  • Resistance zones: $0.095 and $0.098
  • Major psychological barrier: $0.10
  • Support foundations: $0.092 and $0.088–$0.090

A weekly candle closing beyond the descending trendline, accompanied by volume surge, would constitute the most definitive bullish confirmation. Chart-based projection techniques indicate a breakthrough above $0.10 might establish objectives within the $0.20–$0.30 spectrum.

Blockchain analytics from Glassnode and IntoTheBlock document daily active addresses fluctuating between 60,000 and 110,000, with daily transaction counts spanning 80,000 to 200,000.

As of March 22, 2026, DOGE registered at $0.09191, reflecting a 2.81% decline across the preceding 24-hour period. The $0.09 support threshold remains the critical structural foundation under trader observation.

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Solana (SOL) Price Analysis: Can Institutional Buying Push SOL Back to $100?

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Solana (SOL) Price

Quick Overview

  • Solana currently trades between $86 and $87, reflecting a roughly 7% decline across the last seven days
  • On March 17, 2026, the SEC and CFTC jointly unveiled a comprehensive crypto token classification system
  • Rising US-Iran geopolitical friction has dampened investor appetite for higher-risk digital assets
  • Investment flows into Solana ETF products totaled between $21 million and $26 million last week, extending a six-week streak of positive inflows
  • Critical support is positioned around $85; bulls need to reclaim $90 before challenging the $100 threshold

Solana (SOL) is currently changing hands near the $86–$87 range at press time, wrapping up a challenging trading week that saw the digital asset lose approximately 7% in value. This pullback aligns with broader cryptocurrency market weakness, as the aggregate market cap has retreated to roughly $2.36 trillion.

Solana (SOL) Price
Solana (SOL) Price

Bitcoin dropped beneath the $67,360 threshold over the weekend, sparking a cascade of liquidations throughout digital asset markets. Solana has experienced similar downward pressure during this period.

Growing geopolitical uncertainty continues to dampen market confidence. President Donald Trump posted on Truth Social: “PEACE THROUGH STRENGTH, TO PUT IT MILDLY!!!” — signaling heightened tensions with Iran.

Iranian officials warned they would target energy and water systems across Gulf states should Trump execute his stated plan to strike Iran’s electrical grid within a 48-hour window. These escalating threats have prompted investors to retreat from higher-risk asset classes.

Clearer Regulatory Framework Emerges

The SEC and CFTC released a collaborative interpretation document on March 17, 2026, establishing how existing securities regulations apply to cryptocurrency tokens. The framework introduces five distinct classifications: digital commodities, digital collectibles, digital tools, stablecoins, and digital securities.

Regulatory authorities emphasized that digital commodities, collectibles, and tools do not inherently qualify as securities under federal law. That said, they cautioned that specific promotional activities or organizational frameworks could alter this designation.

Solana received explicit mention in the guidance alongside Bitcoin, Ethereum, XRP, Dogecoin, and Cardano as reference examples. This interpretation represents a component of the broader SEC-CFTC coordination initiative designed to establish more transparent cryptocurrency regulation across the United States.

Market analyst Ali Charts shared data on X (previously known as Twitter) on March 22, stating: “11.80 million Solana $SOL have been withdrawn from crypto exchanges over the last 96 hours.” Withdrawals at this magnitude typically suggest investors are transferring holdings into cold storage wallets rather than positioning for immediate sales.

Strong Institutional Appetite Persists

Despite recent price weakness, professional investor interest in Solana remains robust. Exchange-traded products focused on SOL attracted approximately $21 million to $26 million in net capital last week, representing the sixth straight week of positive flows based on SoSoValue tracking data.

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Source: SoSoValue

Aggregate net capital flowing into Solana-linked investment vehicles has now reached $989.78 million since product launches began. Additionally, the total value locked within real-world asset protocols built on Solana climbed to an all-time high of $465 million this quarter.

Nonetheless, futures open interest on Binance has experienced steady contraction since mid-January, falling to $871.40 million as of Monday. Funding rates shifted into negative territory during the weekend session, registering -0.0011% on Monday—indicating that short sellers currently outnumber long position holders.

From a technical standpoint, SOL continues trading beneath the $90 resistance threshold. The Relative Strength Index hovers between 38 and 46 across various timeframes, reflecting subdued buying momentum. The MACD indicator persists in bearish territory.

The primary support level sits at $85. Should this floor fail, the next downside objective emerges at $80. Conversely, a sustained breakout above $90 would establish the foundation for an advance toward the $100 psychological level.

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Crypto World

Web3 firm Boyaa targets $70M crypto expansion amid dip

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Web3 firm Boyaa targets $70M crypto expansion amid dip

Boyaa Interactive International, a Hong Kong-listed Web3 gaming firm, plans to expand its crypto treasury with up to $70 million in new purchases. The company will seek shareholder approval for the move, which comes as firms reassess crypto treasury strategies during a market downturn.

Summary

  • Boyaa plans $70M crypto purchases, focusing on Bitcoin and Ether during market weakness periods.
  • Firm holds $285M in crypto, ranking among top corporate Bitcoin treasury holders globally today.
  • Strategy contrasts market trend as firms reduce exposure while Boyaa expands during crypto downturn.

Boyaa stated that it intends to deploy up to $70 million over the next year to grow its crypto holdings. The company said it aims to use “idle cash reserves during periods of weakness in the cryptocurrency market” to increase exposure. This approach focuses on buying during market dips rather than chasing rising prices.

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The firm added that it will target assets with “good market liquidity, large market value, wide recognition on the market and relatively long-term holding value.” This suggests a preference for established cryptocurrencies such as Bitcoin and Ether rather than smaller tokens.

Boyaa already holds a large crypto treasury valued at nearly $285 million. This includes 4,091 Bitcoin worth around $280 million and 302 Ether valued at over $600,000. These holdings place the company among the top corporate Bitcoin holders globally.

The company began building its crypto position in 2024 as part of its transition into Web3 gaming. It invested $80.5 million in Bitcoin between August and November, showing a steady accumulation strategy tied to its long-term business plans.

In addition, Boyaa currently ranks as the 23rd-largest corporate Bitcoin treasury holder. It is also the third-largest in the Asia-Pacific region, behind Japan’s Metaplanet and China’s Next Technology Holding. This position reflects its growing role in the region’s digital asset space.

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The expansion plan comes at a time when fewer companies are actively increasing crypto reserves. Some Bitcoin miners and firms have reduced holdings in recent months, reflecting caution across the market.

Market conditions and Web3 focus

The broader crypto market has declined by about 45% since October, creating a more cautious environment for treasury strategies. Boyaa’s plan to buy during weaker market conditions reflects a different approach compared to companies reducing exposure.

The firm continues to build its Web3 gaming ecosystem alongside its crypto investments. It has developed blockchain-based gaming products, including a Web3 version of its earlier Texas Hold’em platform that offers crypto rewards.

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