Crypto World
Washington sues Kalshi as states ramp up legal pressure against prediction markets
The state of Washington has become the latest to sue a prediction markets provider, after alleging Friday that Kalshi had violated state gambling laws through its products.
According to the complaint, Washington has a tightly-regulated gambling market, including a ban on online gambling, but Kalshi’s products bypass these regulations.
“Kalshi’s website and app show consumers a range of events that they can bet on and the odds for those various events, which dictate how much the bettor will be paid out if the event occurs,” a press release from the state said. “This is exactly how sportsbooks and other gambling operations function. Kalshi advertises that they allow consumers to ‘bet on anything’ by simply calling their service a ‘prediction market’ rather than ‘gambling.’”
The lawsuit said Kalshi’s advertisements referred to “legal betting,” and alleged the company’s activities met state definitions of “gambling,” “professional gambling,” “bookmaking” and other key state provisions. It also included a provision alleging that Kalshi’s products promoted gambling addiction and targeted college students in particular.
Kalshi filed to move the case to federal court, saying it was already litigating these issues in other federal courts and that it received “no warning or dialogue” from Washington prior to the lawsuit.
Washington’s filing continues a growing state backlash against prediction market providers. Prediction market providers and their proponents, including Commodity Futures Trading Commission Chair Mike Selig, argue that these companies offer derivatives contracts that are appropriately regulated at the federal level. States have argued that these companies are offering gambling products dressed up as something else and should be subject to state gambling laws as a result.
While both prediction market providers and states have had some initial legal victories, this argument is likely to wind up before the U.S. Supreme Court, legal experts have told CoinDesk.
Nevada actions
The suit came a week after Nevada won an appeals court victory allowing it to file for a temporary restraining order against Kalshi, forcing the company to remove its sports, entertainment and election contracts from the state for at least two weeks. A hearing will be held at the end of those two weeks on Friday, April 3, at which a state judge will decide whether to extend the restriction.
Trade publication Gambling Insider reported on Friday that Kalshi’s Nevada users were still able to use the platform after the temporary restraining order went into effect.
Nevada also secured a preliminary injunction against Coinbase, requiring it to continue a pause in its prediction market offerings in the state in an order dated Thursday, March 26, following an initial temporary restraining order issued in early February.
Under Thursday’s order, Nevada District Judge for the First Judicial District Court Kristin Luis wrote that Coinbase did not dispute it offered “‘event-based contracts’ that relate to sporting and other events, including college basketball games, college and professional football games and elections,” which meet the definition of “sports pools” defined under Nevada law.
Coinbase is partnered with Kalshi, the judge noted. Like the Kalshi order, this one is ordering Coinbase not to offer sports, election or entertainment contracts in Nevada, at least until a broader court case is resolved.
The judge gave Coinbase 60 days to “make technological enhancements” to comply with the order.
Nevada and Washington’s federal district courts are both part of the Ninth Circuit Court of Appeals.
Read more: Kalshi secures license to offer margin trading to institutional investors
TLDR:
- Satoshi Nakamoto holds 1.096 million BTC worth $77B, making him the largest Bitcoin holder globally.
- Coinbase controls 5% of Bitcoin’s total supply, leading all exchanges with 982,000 BTC in holdings.
- The U.S. Government holds 328,000 BTC seized from Bitfinex, Silk Road, and the LuBian Hacker address.
- Strategy holds 738,000 BTC total, making it the largest public company Bitcoin holder as of 2026.
Bitcoin ownership remains concentrated among a select group of entities as of 2026. On-chain data from Arkham Intelligence reveals that Satoshi Nakamoto holds the largest known share.
Exchanges, ETF issuers, and governments follow closely behind. Public companies like Strategy have also accumulated substantial reserves over the past few years.
The data provides a clear picture of where the world’s most valuable digital asset resides today, and who holds the most of it.
Satoshi Nakamoto Leads All Bitcoin Holders Worldwide
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, remains the single largest known holder. Arkham’s research attributes 1.096 million BTC to Satoshi, worth approximately $77 billion. This figure rests on a known mining pattern called the Patoshi Pattern.
Arkham’s data links these holdings to around 22,000 blocks that Satoshi mined in the network’s early days. The identified addresses include the only known wallets from which Satoshi ever spent BTC. No movement has been recorded from most of these wallets in years.
Among individual wallet addresses, a Binance cold wallet holds the most BTC. That single address contains nearly 250,000 BTC, worth around $17 billion. It ranks as the largest single-address Bitcoin wallet currently on record.
Exchanges and ETF Issuers Command Billions in Holdings
Coinbase is the largest exchange entity by BTC holdings, controlling around 982,000 BTC. That figure represents roughly 5% of Bitcoin’s total circulating supply. Binance follows with approximately 655,000 BTC, equal to 3.3% of supply.
BlackRock leads all ETF issuers with 775,000 BTC held under its spot Bitcoin ETF. Fidelity Custody holds 460,000 BTC, while Grayscale, Bitwise, and ARK Invest also maintain on-chain positions. Arkham first identified these ETF holdings on-chain after the products launched in the U.S. in January 2024.
Grayscale’s Bitcoin holdings are spread across more than 1,750 separate addresses. Each address holds no more than 1,000 BTC. All assets are custodied through Coinbase.
Governments Hold Bitcoin Largely Through Criminal Asset Seizures
The United States Government holds 328,000 BTC, making it the top government holder by a wide margin. These holdings come from seizures tied to the Bitfinex hack, Silk Road, and the LuBian Hacker address. The FBI manages these wallets on behalf of the federal government.
The United Kingdom holds 61,245 BTC, seized from Jian Wen and Zhimin Qian in 2018. El Salvador holds 7,500 BTC, accumulated through daily purchases and a legal tender policy. Bhutan holds 5,400 BTC, mined through its sovereign wealth fund using hydroelectric power.
Unlike seizure-based holdings, El Salvador and Bhutan acquired Bitcoin through active national strategies. El Salvador adopted it as legal tender and bought 1 BTC daily under President Bukele’s directive. Bhutan partnered with Bitdeer to expand mining operations backed by cheap hydroelectric energy.
Public and Private Companies Continue Accumulating BTC Reserves
Strategy, formerly MicroStrategy, holds more Bitcoin than any other public company. Its total holdings stand at 738,000 BTC, though on-chain data confirms 443,000 BTC directly. The company has been buying consistently since August 2020.
MARA, a publicly traded mining company, reports a treasury stockpile of 53,200 BTC. Metaplanet, listed in Tokyo, holds 35,100 BTC as a hedge against yen depreciation. Both companies closely mirror Strategy’s long-term accumulation approach.
Among private companies, Tether holds 96,300 BTC verified on-chain. SpaceX holds 8,300 BTC, down from a peak of 28,000 BTC in 2021. Block.one claims 164,000 BTC, though those holdings remain unverified through on-chain data.
TLDR:
- HyperCore repurchased 34,495.71 HYPE at $38.51 on March 27, exceeding daily staking distributions.
- A net 7,711 HYPE were permanently removed from circulation, projecting to 2.77M tokens yearly.
- Unlike Solana’s 25.19M annual inflation, Hyperliquid is actively reducing its total token supply.
- Higher HIP-3 adoption drives more revenue, fueling larger buybacks and compounding deflation pressure.
Hyperliquid recorded net deflation on March 27, 2026, as HyperCore repurchased more HYPE tokens than it distributed.
The buyback totaled 34,495.71 HYPE at an average price of $38.51. Against 26,784 HYPE paid out to stakers and validators, the net removal stood at 7,711 tokens.
This marks a notable shift in how the protocol manages its circulating supply.
Buyback Activity Drives Daily Supply Reduction
On March 27, HyperCore’s repurchase program pulled 34,495.71 HYPE from circulation. The distribution of 26,784 HYPE went to stakers and 24 active validators on the same day. After accounting for both figures, 7,711 HYPE were permanently removed from supply.
At this pace, the monthly net reduction reaches approximately 231,330 HYPE. Annually, that projects to nearly 2,775,960 HYPE taken out of circulation. These numbers reflect a consistent deflationary trend rather than a one-time event.
According to Hyperliquid Hub, the buyback mechanism also responds to price movement. When HYPE trades higher, fewer tokens are repurchased per dollar spent. When prices fall, the protocol buys back more aggressively, which naturally manages supply pressure.
Protocol Revenue Feeds a Self-Reinforcing Cycle
The deflation model ties directly to trading activity on the network. More adoption of HIP-3 leads to higher trading volumes across the platform. That activity generates greater protocol revenue, which then funds larger buyback operations.
As Hyperliquid Hub noted, this creates a flywheel: “More HIP-3 adoption → higher trading activity → more protocol revenue → larger buybacks.”
Each component reinforces the next without requiring external intervention. The system is built to scale its deflationary pressure alongside usage.
For context, Solana issues roughly 25.19 million SOL annually through its staking and validator reward structure. Hyperliquid, by contrast, is removing more tokens than it issues on a daily basis. The two networks represent opposite ends of the supply management spectrum.
The price-sensitive nature of the buyback adds another layer of stability to the model. It functions as a built-in counter to extreme market swings in either direction. Over time, this structure may reduce volatility tied to supply-side selling pressure.
Kalshi is facing another state-level lawsuit after the state of Washington on Friday filed allegations that the prediction market operator violated state gambling laws with its products.
The Washington Attorney General’s complaint cites the Pacific Northwest state’s existing ban on online gambling and otherwise strict oversight of the gaming market, in claiming Kalshi violated the Washington Consumer Protection Act, Gambling Act, and Recovery of Money Lost at Gambling Act.
“Kalshi’s website and app show consumers a range of events that they can bet on and the odds for those various events, which dictate how much the bettor will be paid out if the event occurs,” an announcement from Attorney General Nick Brown said. “This is exactly how sportsbooks and other gambling operations function. Kalshi advertises that they allow consumers to ‘bet on anything’ by simply calling their service a ‘prediction market’ rather than ‘gambling.’”
The definition of gambling under Washington law is “staking or risking something of value upon the outcome of a contest of chance or a future contingent event,” and Kalshi’s activities fall squarely within that definition, the AG’s announcement said. “Each Kalshi bet risks money, relies in part on chance, and promises a payout to winners.”
Kalshi immediately sought to move the case to federal court, saying in its filing that the issues raised by the Washington suit are already being litigated in other federal courts and that there had been “no warning or dialogue” from Washington state prior to the lawsuit.
Related: SEC interpretation on crypto laws ‘a beginning, not an end,‘ says Atkins
State AGs and gaming regulators mount legal fights across the country
A Nevada judge earlier this month temporarily blocked Kalshi from operating in the state, finding that state authorities are reasonably likely to prevail in a legal fight over whether the company’s event contracts violate Nevada gambling laws.
Carson City District Court Judge Jason Woodbury issued a temporary restraining order on Friday, siding with a Nevada Gaming Control Board motion to block Kalshi from operating in the state for 14 days.
Kalshi had argued that its contracts are under the exclusive jurisdiction of the US Commodity Futures Trading Commission, an agency that has backed prediction markets that are fighting in multiple state courts over accusations of offering illegal gambling.
Days earlier, Arizona Attorney General Kris Mayes announced charges against the companies behind Kalshi, alleging that the company operated an “illegal gambling business in Arizona without a license” and offered illegal election wagering.
While Kalshi faces several similar cases filed by gaming authorities in other US states over the platform allegedly offering sports gambling to residents without a license, Arizona was one of the first to file criminal charges.
The state-level cases come as prediction markets are under scrutiny by lawmakers for offering bets on US military actions, citing concerns about insider information in the government.
Magazine: Nobody knows if quantum secure cryptography will even work
TLDR:
- Russia’s ban on gasoline export will begin on April 1 and continue until July 31 so as to secure domestic fuel supply stability.
- The decision follows global oil disruptions linked to Middle East tensions and Strait of Hormuz shipping pressures.
- Authorities confirm stable refinery output and sufficient reserves to meet domestic gasoline and diesel demand.
- Export restriction aims to reduce exposure to global price swings and maintain predictable internal fuel pricing.
Russia will ban gasoline export ban beginning April 1 and will run until July 31, targeting domestic fuel price stability. Authorities confirmed the policy as a response to global energy volatility and increasing external market pressures affecting supply chains.
Policy Action Amid Global Oil Market Disruptions
The ban was announced following a government meeting led by Deputy Prime Minister Alexander Novak. The measure focuses on safeguarding domestic fuel availability during periods of global uncertainty.
Authorities stated that the decision supports internal price stability. Global oil markets have faced disruptions due to tensions involving Iran and neighboring regions.
Military activity has contributed to supply uncertainty, while retaliatory strikes have affected infrastructure. These developments have increased pressure on global energy flows.
Shipping routes, including the Strait of Hormuz, have also experienced disruptions. This route carries a significant share of global oil shipments daily.
Any interference raises transport costs and limits predictable supply movement across markets. “Energy exporters are prioritizing domestic stability as geopolitical risks reshape global trade flows.”
This aligns with the broader trend of nations adjusting export policies in response to external shocks.
Domestic Supply Strength and Market Response
Despite the export restrictions, Russia maintains stable refinery output levels. Processing volumes remain comparable to those recorded in the previous year.
This supports a consistent fuel supply within the domestic market. Energy officials confirmed that gasoline and diesel reserves remain sufficient.
High refinery utilization rates ensure steady production and distribution. These factors help meet internal demand without immediate supply constraints.
Russia exported about 5 million metric tons of gasoline in 2025. That equals roughly 117,000 barrels per day.
Redirecting this volume into domestic use supports the objective of price stabilization. The Russian gasoline export ban also reflects a continuation of earlier interventions.
Authorities have previously restricted fuel exports to address shortages in certain regions. These measures were introduced during periods of heightened demand and refinery pressure.
Market observers note that domestic pricing remains a key policy focus. By limiting exports, authorities aim to reduce exposure to global price volatility.
This approach allows internal markets to remain more insulated from external shocks. The policy is scheduled to remain active until July 31.
Government agencies continue monitoring refinery output, demand patterns, and global developments. Any changes will depend on how external pressures evolve and how domestic supply holds.
TLDR:
- Aave founder Stani Kulechov called Whop Treasury one of the biggest DeFi-to-fintech integrations ever built.
- Whop Treasury converts user balances to USDT0 stablecoins, routing funds through Veda Labs vaults on Plasma Network.
- Funds deposited into Aave lending markets earn autocompounded yield with no gas fees or manual management required.
- Whop’s 21 million users now access transparent, verifiable onchain financial infrastructure directly through the platform.
Whop Treasury has drawn attention from one of DeFi’s most recognized figures. Aave founder Stani Kulechov publicly praised the integration, calling it a landmark moment for decentralized finance entering mainstream fintech.
Whop, a marketplace where creators sell digital products and community access, now routes user balances through onchain infrastructure to generate yield automatically.
With 21 million users and over $1 billion in creator sales last year, the platform’s move carries considerable weight in both crypto and commerce circles.
Why Kulechov Views Whop Treasury as a Turning Point
Stani Kulechov described Whop Treasury as “one of the biggest DeFi-to-fintech integrations ever.” His praise centers on how the system connects a large, active user base directly to onchain financial infrastructure.
Most fintechs still depend on traditional payment rails with high fees and multiple intermediaries. Whop chose a different path entirely.
According to Kulechov, stablecoins bypass credit card networks and banks, cutting cost margins for both the platform and its users.
That cost reduction is not just theoretical. It directly affects how competitive Whop can remain as it scales globally across digital commerce.
Kulechov also pointed to transparency as a core advantage. Unlike traditional financial systems with complex agreements and manual processes, onchain infrastructure is publicly verifiable. Users can confirm exactly where funds go and how yield is generated.
He further noted that Whop’s model serves as a blueprint for the broader fintech industry. In his view, more platforms will follow this path, but Whop broke ground first by showing how it can work at scale.
The Technical Stack Behind the Treasury Integration
Whop Treasury works through a layered onchain system. When a user opts in, their balance converts to USDT0 stablecoins provided by Tether.
Those funds then move through a Veda Labs vault operating on the Plasma network, a blockchain purpose-built for stablecoin transactions.
From there, capital flows into Aave lending markets, where it earns yield automatically. The autocompounding feature continuously redeploys returns without requiring users to pay gas fees or manage any positions manually. Card and crypto deposits are processed through MoonPay, keeping the entry point accessible.
Each layer of the stack has a defined role. USDT0 handles stablecoin conversion, Plasma manages low-cost transfers, Veda directs capital allocation, and Aave generates the actual yield. Together, they form a system that runs without intermediaries or manual oversight.
Kulechov described this as a masterclass in building an institutional-grade earn stack. The combination removes black boxes from the equation and gives users access to programmable financial tools that are global from day one.
For a platform with Whop’s reach, that infrastructure shift is more than a product update. It is a signal of where digital commerce finance is heading.
The UK Foreign, Commonwealth & Development Office sanctioned Xinbi, a Chinese-language crypto guarantee marketplace that processed $19.9 billion in illicit flows between 2021 and 2025, cutting it off from the global crypto ecosystem effective March 26, 2026.
The designation freezes all UK-linked assets, bars British banks, crypto firms, and individuals from transacting with the platform, and targets the on- and off-ramps sustaining one of the most interconnected scam networks ever documented.
- Designation Scope: Xinbi processed $19.9 billion in illicit crypto flows from 2021–2025 and is now fully sanctioned under the UK’s Global Human Rights regime, with assets frozen and all UK financial, trade, and travel access severed.
- Entities Named: Sanctions extend to individuals Thet Li and Hu Xiaowei, Cambodia-based #8 Park scam compound (capacity: 20,000 trafficked workers), Legend Innovation Co., and its director Eang Soklim — all tied to the Prince Group network.
- Enforcement Signal: Six days prior, on March 20, 2026, the FBI and Thai police froze $580 million in crypto linked to US-targeting scam gangs — confirming a coordinated, multi-jurisdiction crackdown on crypto-enabled fraud infrastructure.
Discover: The best crypto presales to watch this week
How the UK Designation Actually Cuts Off Xinbi
The sanctions operate through the UK’s consolidated sanctions regime, which empowers OFSI (the Office of Financial Sanctions Implementation) to freeze assets and prohibit UK-nexus transactions.
For Xinbi, that means any cryptocurrency transaction routed through UK-based exchanges, custodians, or payment processors is now a compliance violation, forcing immediate delistings and wallet blacklisting across the country’s regulated crypto sector.
Chainalysis, whose blockchain analytics documented the designation, described the sanctions as targeting the “escrow backbone” sustaining large-scale fraud — specifically Xinbi’s role facilitating “Black U” laundering, unlicensed OTC trades, compromised database sales, and satellite gear supply to scam compounds including #8 Park.
That compound, operated by Legend Innovation Co. under director Eang Soklim, can house up to 20,000 trafficked workers and relies on Xinbi as a core financial layer.
UK sanctions hit ex-Triad boss, an illicit crypto marketplace that processed $19.9 billion, and what's believed to be Cambodia's largest scam compound
10 new UK sanctions designations today targeting the scam compound economy across Southeast Asia. Ex-14K Triad boss Wan… pic.twitter.com/KRcbHD2YFS— Jacob in Cambodia
(@jacobincambodia) March 26, 2026
The named individuals, Thet Li, who managed international financial networks for the Cambodia-based Prince Group, and Hu Xiaowei, linked to #8 Park’s financial operations, give enforcement agencies specific human nodes to pursue asset recovery through.
London properties connected to the Prince Group network were also frozen immediately under the designations, following a pattern established when Prince Group leader Chen Zhi was sanctioned in 2025, triggering over £1 billion in global asset freezes including a £100 million London office building.
Xinbi has already shown resilience engineering — migrating to apps including SafeW and XinbiPay after prior disruptions.
The UK designation, combined with Chainalysis blockchain monitoring, is specifically designed to follow those migrations. Exchanges enforcing travel rule compliance will face heightened pressure to screen for Xinbi-linked wallet clusters regardless of which app or platform the network shifts to next.
Discover: The best crypto to diversify your portfolio with
The post UK Sanctions $20B Scam Network by Cutting Off Crypto Ties appeared first on Cryptonews.
TLDR:
- Over a third of all staked POL is controlled by exchanges, with Upbit, Coinbase, and Binance leading.
- Polygon’s protocol cannot distinguish exchange wallets from personal wallets, limiting on-chain fixes.
- A yield gap between custodial and non-custodial staking could push power users toward self-staking.
- Liquid staking tokens like stPOL and MaticX may redirect staking rewards back through the protocol.
POL staking concentration has become a pressing issue for the Polygon network. Over a third of all staked POL currently sits with centralized exchanges.
Upbit holds 400 million, Coinbase controls 340 million, and Binance manages 255 million. Most retail users simply tap “stake” inside an app.
They never choose a validator, compare commission rates, or move their funds. The exchange decides everything on their behalf.
Exchange Dominance Creates a Structural Gap in POL Staking
Crypto analyst Just Hopmans raised the concern on social media, pointing out that the protocol only sees wallet addresses.
It cannot distinguish between an exchange wallet and a personal hardware wallet. Any rule created at the protocol level can be worked around with capital or structural adjustments.
Hopmans outlined several tools that Polygon does have available. A yield gap strategy could encourage users to migrate.
If non-custodial staking consistently pays more, power users would eventually move their funds. The wider the gap, the faster that migration happens.
Liquid staking options like stPOL and MaticX offer another path forward. If exchanges offer liquid staking tokens rather than running their own validators, staking rewards flow back through the protocol. The exchange then earns from trading activity rather than from staking extraction.
Transparency also plays a role in shifting user behavior. Publishing how much each validator passes through to delegators creates public accountability. When exchange commissions become visible to ordinary users, internal pressure builds over time.
Minimum Self-Stake Rules and User Education Offer Limited Relief
A minimum self-stake ratio requirement could raise the cost of running a validator on delegated capital alone. Upbit, for example, self-stakes just one POL against a 400 million POL delegation. A ratio requirement would make that practice more expensive, though it would not eliminate it.
Education and clearer user interfaces could also narrow the gap. Showing users a direct comparison — such as earning 2% on an exchange versus 5.8% through non-custodial staking — may prompt some to act. However, behavior changes slowly even when the information is clear.
Hopmans was direct about what does not work. Discriminating validators by identity breaks decentralization. Eliminating commission punishes validators who are actively chosen by informed users. Banning exchanges outright is not enforceable on-chain.
The honest conclusion from the analysis is that Polygon can reduce this problem but cannot fully solve it. No upgrade, formula, or smart contract can force a user to move POL off an exchange.
This remains the biggest structural challenge for POL tokenomics, and one that the Polygon team has yet to publicly address in detail.
TLDR:
- TIA trades near a high-risk accumulation zone after a 98% drawdown from peak levels
- Daily unlocks worth $90K continue to add steady sell pressure through October 2027
- The $0.63 level remains critical for confirming any structural trend reversal
- Failure to hold above $0.20 could signal further downside and continued bearish expansion
TIA price analysis shows the asset approaching a decisive point as technical structure and token supply converge. A deep drawdown and steady unlock pressure now define a narrow range where direction depends on demand strength.
Structural Breakdown and Accumulation Signals
TIA price action reflects a prolonged bearish phase following its peak near $21.14. The asset has since dropped roughly 98.7%, placing it within a late-stage capitulation zone. This phase often appears near the end of extended downtrends.
The broader structure has been a descending parallel channel guiding price lower. Recently, the price broke below the channel’s lower boundary. This move signals structural exhaustion rather than simple continuation of the downtrend.
Market interpretation of such breakdowns often varies. While some see further downside risk, cycle-based analysis associates this move with seller exhaustion. Forced liquidations and reduced liquidity frequently occur in this stage.
A widely shared chart described the $0.20 to $0.30 range as a high-risk accumulation zone. The term reflects the ongoing bearish structure while acknowledging potential asymmetry. These conditions typically attract early positioning by larger participants.
Volatility has also started to compress after a steep decline. This behavior aligns with previous accumulation phases in crypto markets. As liquidity thins, price stability in this range may suggest gradual absorption rather than continued panic selling.
Unlock Pressure and Critical Reversal Levels
Around 829 million tokens are already in circulation, with 171 million yet to unlock. This introduces a steady supply stream into the market.
Daily unlocks currently add roughly $90,000 worth of sell-side liquidity. This process is expected to continue until late 2027. As a result, demand must consistently match this flow to prevent further price compression.
A market observer noted on X that “constant unlocks force continuous absorption.” This reflects the structural pressure placed on buyers. In weaker market conditions, such supply can weigh heavily on price action.
At the same time, a key technical level remains at $0.63. This level marks a Change of Character, where market structure could shift. Reclaiming it would break the pattern of lower highs and signal renewed demand strength.
Without this reclaim, upward movement remains limited. Price rallies below this level are often considered temporary within a broader downtrend. Sustained recovery depends on both structural confirmation and continued demand.
If the reversal occurs, resistance levels appear at $1.47, $3.20, and $8.40. These levels represent prior support zones and liquidity areas. However, failure to hold above $0.20 would confirm continued bearish expansion.
Ethereum (ETH) price is clinging to a 2.93% gain in March, its first green month since August 2025. Every month from September through February closed in the red, creating a six-month losing streak that wiped out over 50% of ETH’s value.
With only a few days left in March, the question is whether Ethereum can hold this gain or whether the forces building against it will flip the month red and extend the streak to seven.
March Started Strong, but the Second Half Tells a Different Story
The monthly returns chart shows the damage. September 2025 fell 5.59%. October dropped 7.15%. November crashed 22.2%. December slipped 0.83%. January 2026 lost 17.7%, and February shed 19.6%.
March’s +2.93% stands alone in green, but the number masks what happened in the second half of the month.
On the 4-hour chart, Ethereum price has been trading inside a falling channel since March 16, when it peaked at $2,380. The channel has pushed ETH as low as $1,970, a correction of roughly 18% from the mid-March high. The ETH price currently sits near $2,020, still within the channel and still trending lower.
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The first half of March delivered the gains. The second half has been steadily giving them back. If the channel continues to compress the price toward the lower boundary, the remaining days of March could determine whether the streak breaks or extends.
Two conviction-based metrics suggest the bears are gaining ground heading into the month’s close.
Whales Are Dropping and Dip Buyers Are Fading
Ethereum whale wallets, excluding exchange addresses, held 122.91 million ETH as recently as 48 hours ago. That balance has since dropped to 122.73 million, a reduction of roughly 180,000 ETH. The timing is concerning because it coincides with the price sliding toward the lower end of the falling channel.
The Money Flow Index (MFI), a volume-weighted momentum indicator that acts as a proxy for buying, adds another layer of concern. Between March 8 and March 28, the Ethereum price trended higher on the 4-hour chart. However, the MFI during the same window trended lower.
That bearish divergence means dip-buying support has been weakening throughout March, even while the monthly price action stayed green. Each successive dip attracted less buying volume than the one before. When whales are reducing, and dip buyers are fading simultaneously, the conviction floor beneath the current price becomes thinner.
If the broader market continues to weaken, these two metrics suggest Ethereum may not have the demand to hold its March gains.
Ethereum Price Forecast and the $1,970 Zone
The key level is $1,972 (the $1,970 zone). It has held as support since early March.
A 4-hour close below $1,970 would break both the strongest support level (the 0.618 Fib level) and push ETH closer to the falling channel’s lower boundary.
Below that, $1,910 and $1,830 come into play. A break under $1,830 would confirm the channel breakdown, and the projected drop of roughly 10% from that level targets the $1,650 zone. However, that kind of drop might still take some time to materialize.
On the upside, ETH needs to reclaim and hold above the $2,050 zone to relieve immediate pressure. Above that, the channel’s upper boundary near 2,110 becomes the first real test of strength.
For now, $1,970 separates Ethereum’s first green month in seven from a breakdown that could push it toward $1,650.
The post Ethereum Is Fighting to Break a 6-Month Curse, But Things Can Go Wrong appeared first on BeInCrypto.
Crypto World
Best Crypto to Buy Now: Pepeto Presale Fuels 100x Projection as Bitcoin Whales Load 61,000 BTC While SOL Pulls Back
Amid the current volatility driven by war and macro pressure, investors are searching for the best crypto to buy now that combines strong fundamentals with real return potential. Bitcoin is seeing increased whale buying, yet its price remains range bound.
Pepeto is emerging as the best crypto to buy now against this setting, with more than $8 million raised, a verified exchange already in use, and analysts projecting 100x as the Binance listing approaches. With the presale in its final phase, excitement is building as the window to enter at this level is closing fast.
Bitcoin Whales Accumulate 61,000 BTC Amid Global Tensions as Best Crypto to Buy Now Shifts
Santiment data shows Bitcoin wallets holding between 10 and 10,000 BTC added 61,568 coins in the past month, increasing holdings by 0.45% despite the Iran conflict according to CoinDesk.
This whale buying pattern historically precedes bull cycles. According to CNBC, Goldman Sachs confirmed crypto prices may have bottomed and flagged attractive setups in crypto equities.
The best crypto to buy now is the presale entry positioned in the path of that whale capital rotation.
Entries With Real Demand and Where the Returns That Define This Cycle Are Building
Pepeto: The Exchange Where Demand Compounds Daily Because the Utility Is Not Built on Hype
Pepeto is rapidly becoming the best crypto to buy now as the Binance listing approaches, and the current demand is driven by strong fundamentals rather than a hype cycle that fades. The presale is in its final stage, and once the clock hits the listing date, entry at this level disappears permanently and open market trading begins.
Beyond the timeline, the current capital flow is driven by what the exchange actually does. Most tokens rely on attention cycles to grow, so demand fades once the narrative moves on. Pepeto is built differently. The verified trading platform is already in use, giving traders real time protection through a complete exchange that works in every market condition.
PepetoSwap clears every order without taking any fee so the reader’s capital stays fully intact, the cross chain bridge shuttles tokens between networks at zero deduction, and the contract screening tool confirms every project is clean before capital enters, confirmed by a SolidProof audit. The builder who launched the first Pepe token to an $11 billion valuation with zero utility assembled this platform with a listing specialist from Binance’s operations team. This creates a type of demand that compounds as usage grows, because when something becomes a daily tool, value builds on itself.
With the Binance listing approaching and supply tightening by the stage, analysts project 100x as demand scales after launch. At the current entry of $0.000000186, 191% APY staking rewards grow the holdings of every wallet inside as the listing draws closer. This may be the final window to secure Pepeto before the open market sets a completely different price.
Bitcoin (BTC)
BTC trades at $66,754 per CoinMarketCap, with whales loading 61,000 BTC in a single month proving the buying phase is active.
A recovery to $75,000 delivers 13% over months, solid for institutional portfolios, while the best crypto to buy now at presale targets 100x from one listing event the whales are positioning alongside.
Solana (SOL)
SOL trades at $83.29 per CoinDesk, pulling back 5% this week as the broader correction deepens despite strong Mastercard and Western Union partnerships.
A break above $92 targets $100 for a 20% move, respectable infrastructure value, while presale entries are where the life defining returns are built and Pepeto offers that math right now.
The Best Crypto to Buy Now Is the Window That Pepe Presale Holders Built Their Fortunes From
Bitcoin whales loaded 61,000 BTC in one month, and no large cap recovering from this crash delivers the returns that reshape a life. Meme coins can, and they always have. The people who bought Pepe coin during its presale turned small entries into fortunes that most investors spend entire careers chasing, and every one of them says they wish they had entered bigger.
That window closed permanently. The same window is open right now with Pepeto through the Pepeto official website, and the Binance listing is approaching, which means once Pepeto lists the presale entry disappears permanently and the wallets inside hold the positions this entire cycle talks about.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the best crypto to buy now as Bitcoin whales load 61,000 BTC?
Pepeto is the best crypto to buy now with a verified exchange, more than $8 million raised, and analysts projecting 100x as the Binance listing approaches.
What are the strongest entries to buy now in 2026?
Pepeto leads with a working exchange and 100x projected, and the Pepeto official website is where the presale entry is still available before listing.
Why does Pepeto stand out as the best crypto to buy now this cycle?
Pepeto combines the Pepe builder’s track record with real exchange tools and a Binance listing, and 100x from presale is the kind of return that defines entire portfolios.
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.
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