| Reading time: 5 minutes | News | Crypto Converter | Crypto Calculators | Bitcoin's March 25 'blast-off': Weak dollar & liquidity boom fuel rally | | Key points: | Analysts predict a Bitcoin rally by March 25, citing global M2 money supply growth and weakening US dollar strength. Speculation over a US Bitcoin reserve has surged, with odds surpassing 70%, fueling investor optimism.
| News - Bitcoin bulls may only have to wait a few more weeks before the crypto market sees its next big move. Analysts are pointing to March 25 as the date when Bitcoin could experience a significant surge, driven by global liquidity expansion and a weakening US dollar. | According to André Dragosch, European Head of Research at Bitwise, the M2 money supply—a broad measure of global liquidity—is set to reclaim all-time highs. Historically, Bitcoin has closely followed expansions in global money supply, making this a key bullish indicator. | "If this trend continues like that, global money supply will soon reclaim new all-time highs," Dragosch wrote on X. "You know what that means for BTC..." | In addition, the US Dollar Index (DXY) has dropped to its lowest level since November 2024, signaling a risk-on environment that could benefit Bitcoin and other cryptocurrencies. Historically, when the dollar weakens, investors often shift toward alternative assets like Bitcoin. | The role of a US Bitcoin reserve - Further fueling market speculation is the potential announcement of a US strategic Bitcoin reserve. On March 7, President Donald Trump will host the first-ever White House Crypto Summit, where Commerce Secretary Howard Lutnick has hinted that discussions may include the creation of a Bitcoin reserve. | While some analysts believe congressional approval is still needed, others argue that a Bitcoin reserve is inevitable. Crypto industry leader Anthony Pompliano stated, "The Strategic Bitcoin Reserve is coming. Everyone wants digital sound money." | Kalshi, a prediction market service, now gives a 71% probability that the reserve will materialize this year—its highest odds to date. If confirmed, such a move could provide Bitcoin with a massive institutional tailwind, further reinforcing the case for a breakout later this month. | What's next? - Analysts widely agree that if Bitcoin follows past liquidity-driven rallies, the next leg up could begin in late March, extending into May. Traders and investors will be watching closely for confirmation, particularly as discussions at the White House Crypto Summit unfold. | With global liquidity expanding, the US dollar weakening, and institutional interest in Bitcoin at an all-time high, the coming weeks could be crucial for the next major market move. | Trump's crypto reserve sparks backlash: Solana & Cardano founders speak out | | Key points: | Trump's crypto reserve proposal triggered a 7% market-wide rebound, pushing total market capitalization to $3.04 trillion. Solana co-founder Anatoly Yakovenko and Cardano's Charles Hoskinson distanced themselves from the inclusion of their tokens, questioning the selection process. Analysts see short-term optimism but long-term risks, warning that altcoin inclusion may complicate regulatory and liquidity issues.
| News - The crypto market surged after U.S. President Donald Trump's surprise announcement of a strategic crypto reserve on March 2. His post fueled speculation that the U.S. government may officially hold Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) in a national reserve, leading to widespread investor excitement. | However, two of the most notable figures in the crypto industry—Solana co-founder Anatoly Yakovenko and Cardano founder Charles Hoskinson—swiftly distanced themselves from the announcement, raising concerns about how and why their tokens were included. | Solana & Cardano founders question Trump's crypto plan | Yakovenko's warning on government control: Solana's Anatoly Yakovenko outright rejected the idea of a U.S. crypto reserve, arguing that government involvement could threaten decentralization. He stated that his top preference would be for the government not to hold any crypto at all. If a reserve was inevitable, he suggested state-level control rather than a federal strategy to hedge against centralization risks. | Hoskinson's shock at ADA's inclusion: Cardano's Charles Hoskinson revealed he was completely unaware that ADA would be included in Trump's proposed reserve. He woke up to hundreds of congratulatory messages but had "no idea what the heck was going on." In a follow-up video, he clarified that neither he nor any Cardano representatives had prior discussions about ADA's inclusion. | These reactions cast doubt on the legitimacy of the selection process, with critics questioning whether the move was politically motivated or if specific projects had lobbied for inclusion. | What's next? - The White House Crypto Summit on March 7 is expected to provide further details on how the reserve will operate. However, analysts remain skeptical, citing regulatory hurdles, potential market manipulation, and the long-term viability of holding altcoins alongside Bitcoin in a government-backed reserve. | While the market initially reacted positively, Solana and Cardano's founders' opposition adds a layer of uncertainty, suggesting the reserve plan may face pushback from key industry figures and lawmakers alike. | Mt. Gox moves $1B Bitcoin: Repayments or market shake-up? | | Key points: | The defunct exchange transferred 12,000 BTC worth over $1 billion, marking one of its largest transactions since its 2014 bankruptcy. The movement has fueled speculation about possible Bitcoin sales or creditor repayments ahead of the October 2025 deadline.
| News - Mt. Gox, the once-dominant cryptocurrency exchange that collapsed in 2014, has executed its largest Bitcoin transfer in months, moving 12,000 BTC—worth over $1 billion—to new wallet addresses. This transaction, first detected on March 6 by blockchain analytics firm Arkham Intelligence, marks one of the most significant movements from the exchange's holdings since its bankruptcy. | According to Arkham, the BTC was sent from wallet 1PuQB to two different locations: a cold storage wallet and an unidentified address (1Mo1n), with the latter receiving the bulk of 11,834 BTC. An additional 166.5 BTC—valued at approximately $15 million—was moved to a separate cold wallet (1Jbez). The transaction was completed with minimal fees, costing just $1.64. | At present, Mt. Gox-linked wallets hold around 36,080 BTC, worth approximately $3.26 billion, as per blockchain data. The exchange has made several small transactions in recent months, but this latest movement has raised new questions about its next steps. | Speculation rises: Sale or creditor repayment? - This latest Bitcoin transfer has sparked debate within the crypto community, with some market analysts suggesting the movement could be a precursor to an impending sale. Given the ongoing volatility in crypto markets—fueled in part by U.S. President Donald Trump's trade tariffs, which rattled high-risk assets—some speculate that Mt. Gox trustees may be looking to liquidate some of their holdings. | On the other hand, some experts believe the transaction is related to Mt. Gox's long-running creditor repayment process. The rehabilitation trustee extended the final repayment deadline to October 31, 2025, giving creditors more time to receive their owed assets. Mt. Gox previously initiated partial repayments in 2024, distributing Bitcoin and Bitcoin Cash to over 21,000 creditors through exchanges like Kraken, Bitstamp, and BitGo. | Market impact and future outlook - The timing of this transfer comes amid heightened Bitcoin price volatility. Over the past week, BTC has fluctuated between $94,763 and $82,678 before reclaiming the $90,000 level. As of writing, Bitcoin is trading at $90,159, reflecting a 4% gain over the past 24 hours. | Despite these fluctuations, market participants remain watchful of further movements from Mt. Gox's wallets. Whether these transfers signal a liquidation event or a routine reallocation of funds remains uncertain, but the sheer size of the transaction has reaffirmed that Mt. Gox continues to be a major player in the crypto space, even years after its downfall. | Solana's DeFi boom gains momentum: Could it challenge Ethereum? |  | e |
| Key points: | Franklin Templeton predicts Solana's DeFi growth could soon rival Ethereum's market value. Despite surging activity, Solana's DeFi tokens remain undervalued compared to Ethereum's.
| News - Solana's decentralized finance (DeFi) ecosystem is experiencing explosive growth, leading analysts at Franklin Templeton to suggest that it could soon challenge Ethereum's dominance. According to a new report from the $1.68 trillion asset management firm, Solana's DeFi protocols are rapidly gaining traction, with six projects surpassing $1 billion in total value locked (TVL). | During Q3 and Q4 of 2024, Solana outperformed Ethereum in key DeFi metrics. Notably, decentralized exchange (DEX) volumes on Solana exceeded those of Ethereum, signaling a potential market shift. Leading the charge is Jito (JTO), a liquid staking protocol that recently reached a record $3 billion in TVL. Other major contributors to Solana's DeFi rise include Jupiter (JUP), Raydium (RAY), Kamino (KMNO), Marinade (MNDE), and Sanctum Coin (SANCTA). | Solana's active addresses per hour were 26 times higher than Ethereum's as of January 2025, highlighting the network's efficiency and scalability. However, despite this rapid expansion, Franklin Templeton's report points out a valuation discrepancy—Solana's DeFi tokens trade at lower multiples than Ethereum's, despite demonstrating higher growth rates. | Is Solana closing the gap with Ethereum? - While Solana's DeFi surge is undeniable, some analysts caution against assuming it will surpass Ethereum anytime soon. Juan Pellicer, Senior Research Analyst at IntoTheBlock, acknowledges Solana's growth but believes Ethereum's established trust, deep liquidity, and extensive developer base keep it in the lead for now. | Another major challenge is centralization concerns. Critics argue that Solana's validator structure is more centralized than Ethereum's, which could pose risks to long-term adoption. | Nevertheless, Franklin Templeton sees a significant investment opportunity in Solana's DeFi sector, given its current undervaluation. The firm has even filed for a Solana ETF with staking capabilities, a move that could further boost institutional interest in the ecosystem. | The road ahead - Ethereum's dominance in DeFi remains strong, with a larger institutional presence and ongoing scalability improvements through Layer-2 networks. However, Solana's ability to offer faster transactions, lower fees, and growing developer adoption makes it an increasingly formidable challenger. | With DeFi evolving rapidly, the battle between Ethereum and Solana is far from over. If Solana continues on its current trajectory, the valuation gap could shrink, potentially leading to a more balanced DeFi landscape in the years to come. | | More stories from the crypto ecosystem | | Interesting facts | In 2014, Russian farmer Mikhail Shlyapnikov introduced Kolion, a cryptocurrency designed to support his local farming community in Kolionovo. The initiative aimed to facilitate trade among villagers and reduce reliance on traditional banking systems. Despite facing legal challenges and initial bans by Russian authorities, Kolion transitioned to a blockchain-based system in 2017, allowing for broader adoption within the community. Some cryptocurrencies implement a mechanism called "coin burning," where a portion of coins is intentionally destroyed to reduce supply and potentially increase value. For example, Binance Coin (BNB) has regular coin burns to decrease its total supply. In late 2024, Mark Longo launched the 'JUSTICE' coin after online investors profited from memecoins based on his pet squirrel, P'Nut, following its euthanasia. Proceeds from the token support his animal sanctuary, showcasing crypto's unexpected intersections with personal stories.
| Fact-based news without bias awaits. Make 1440 your choice today. | Overwhelmed by biased news? Cut through the clutter and get straight facts with your daily 1440 digest. From politics to sports, join millions who start their day informed. | Sign up now! | | Top 3 coins of the day | Movement (MOVE) | | Key points: | At press time, MOVE was trading at $0.47, marking a 6.51% increase over the last 24 hours. MOVE's price showed signs of recovery as it rebounded from the lower Bollinger Band, while the MACD histogram signaled declining bearish momentum.
| What you should know: | MOVE experienced a major uptick, rising by over 6% in the past 24 hours. The price tested support near $0.40 before bouncing back toward the midline of the Bollinger Bands. This move hinted at potential stabilization, though strong resistance remained near the $0.50-$0.55 zone. The Bollinger Bands displayed slight contraction, suggesting reduced volatility. Meanwhile, the MACD line trended upward, indicating a possible shift toward bullish momentum, though it remained below the signal line. The trading volume spiked in tandem with the price increase, reinforcing buying interest at lower levels. MOVE's recent price movement aligned with a broader market resurgence, with increased investor confidence after recent positive sentiment around altcoins. If bullish pressure sustains, MOVE could challenge its next resistance level at $0.55. However, if sellers regain control, a retest of the $0.42-$0.40 support range might occur. | Bitcoin Cash (BCH) | | Key points: | At press time, BCH was trading at $397, reflecting a 1.43% increase over the last 24 hours. The price experienced a strong breakout above $350, with the Parabolic SAR indicating a continuation of the upward trend and the Awesome Oscillator (AO) confirming bullish momentum.
| What you should know: | BCH has seen a significant uptrend, surging past key resistance levels as investor demand for alternative Bitcoin-related assets increased. The price broke out above $350, signaling renewed buying interest. The Awesome Oscillator (AO) reflected rising bullish momentum, with green bars gaining strength, while the Parabolic SAR dots flipped below the price, reinforcing an ongoing uptrend. A surge in trading volume accompanied this price move, indicating strong participation from traders. Market analysts attributed the recent rally to investors piling into BCH and Bitcoin SV (BSV) as "cheaper plays" amid Bitcoin's broader market movements. If BCH maintains its momentum, the next key resistance level to monitor is around $420, while support remains at $350 in case of a pullback. | Maker (MKR) | | Key points: | At press time, MKR was trading at $1,355, reflecting a 1.24% decline over the last 24 hours. Despite the recent pullback, MKR has maintained strong bullish momentum over the past week, with the RSI cooling off from overbought levels while the 9-day SMA remains supportive.
| What you should know: | MKR experienced a strong rally recently, reaching a peak near $1,600 before encountering resistance and retracing. The 9-day SMA continued to provide dynamic support, though the recent downturn suggested a temporary pause in the uptrend. The RSI, which previously surged into the overbought territory, has started cooling off, indicating that buyers may be taking profits before the next potential move. Maker's price had spiked by 23% probably due to three key factors, including rising demand for decentralized finance (DeFi) assets, strong whale accumulation, and positive developments surrounding its governance model. If bullish momentum returns, the next key resistance level to monitor is around $1,500, while support lies near the $1,300 mark in case of further correction. | How was today's newsletter? | |
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