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cointelegraph.com Mar 26, 2025 19:11

Ethereum’s (ETH) path back to $2.5K depends on 3 key factors - Ether (ETH) price reclaimed the $2,000 support on March 24 but remains 18% below the $2,500 level seen three weeks ago. Data shows Ether has underperformed the altcoin market by 14% over the past 30 days, leading traders to question whether the altcoin can regain bullish momentum and which factors might drive a trend reversal.Ether/USD (left) vs. total altcoin capitalization, USD (right). Source: TradingView / CointelegraphEther appears well-positioned to attract institutional demand and significantly reduce the FUD that has limited its upside potential. Critics have long argued that the Ethereum ecosystem lags behind competitors in overall user experience and still offers limited base-layer scalability, which has negatively impacted network fees and transaction efficiency. Will the Ethereum Pectra upgrade impact ETH price?Many of the Ethereum network’s challenges are expected to be addressed in the upcoming Pectra network upgrade, scheduled for late April or early June. Among the proposed changes is a doubling of the data that can be included in each block, which should help lower fees for rollups and privacy-focused mechanisms. Additionally, the cost of call data will increase, encouraging developers to adopt blobs—a more efficient method for data storage.Another notable improvement in the upcoming upgrade is the introduction of smart accounts, which allow wallets to function like smart contracts during transactions. This enables gas fee sponsorship, passkey authentication, and batch transactions. Additionally, several other enhancements focus on optimizing staking deposits and withdrawals, providing greater flexibility, and extending block history for smart contracts that rely on past data.Arthur Hayes, co-founder of BitMEX, set a $5,000 price target for ETH on March 25, stating that it should significantly outperform competitor Solana (SOL).Source: CryptoHayesRegardless of the rationale behind Arthur’s price prediction, ETH options traders do not share the same bullish sentiment. The Sept. 26 call (buy) option with a $5,000 strike price costs only $35.40, implying extremely low odds. However, Ethereum remains the undisputed leader in smart contract deposits and is the only altcoin with a spot exchange-traded fund (ETF) in the US, currently holding $8.9 billion in assets under management.Ethereum TVL growth and reduced ETH supply on exchangesEthereum’s network boasts a total value locked (TVL) of $52.5 billion, significantly surpassing Solana’s $7 billion. More importantly, deposits on the Ethereum network grew 10% over the past 30 days, reaching 25.4 million ETH, while Solana saw an 8% decline over the same period. Notable highlights on Ethereum include Sky (formerly Maker), which saw a 17% increase in deposits, and Ethena, whose TVL surged by 38% in 30 days.Ether balance on exchanges, ETH. Source: GlassnodeThe Ether supply on exchanges stood at 16.9 million ETH on March 25, just 3.5% above its five-year low of 16.32 million ETH, according to Glassnode data. This trend suggests that investors are withdrawing from exchanges, signaling a long-term capital commitment. Similarly, flows into spot Ether ETFs remained relatively muted on March 24 and March 25, in contrast to the $316 million in net outflows accumulated since March 10.Related: Ethereum devs prepare final Pectra test before mainnet launchLastly, the Ethereum network is gaining momentum in the Real World Asset (RWA) industry, particularly after the BlackRock BUILD fund surpassed $1.5 billion in capitalization. The Ethereum ecosystem, including its layer-2 scalability solutions, accounts for over 80% of this market, according to RWA.XYZ data, underscoring Ethereum’s dominance in the decentralized finance (DeFi) space.Ether’s price drop below $1,900 on March 10 likely reflected overly bearish expectations. However, the tide appears to have turned as the Ethereum network demonstrated resilience, and traders continued to withdraw from exchanges, setting the stage for a potential rally toward $2,500.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

FOMO: 85%
cointelegraph.com Mar 26, 2025 19:06

Interactive Brokers adds SOL, ADA, XRP, DOGE for trading - Interactive Brokers, a global brokerage that recorded $9.3 billion in revenue for 2024, is expanding its altcoin offerings to include four new tokens. According to a March 26 announcement, the platform has added Solana (SOL), Cardano (ADA), XRP (XRP), and Dogecoin (DOGE) for trading. The four coins have a combined market capitalization of $267.2 billion at this writing. The additions double Interactive’s crypto offerings to traders. Since 2021, it has enabled trading in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) pairs. Both trading and custody services will be provided through Paxos Trust Company or Zero Hash LLC. Zero Hash said in a press release that as of June 2024, it had processed $20 billion in transactions across 200 countries.Financial firms have been expanding crypto token offerings. On March 25, Nubank announced the addition of ADA, Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) to its over 100 million clients in Latin America. US exchange Kraken has been steadily adding memecoins for a number of months, while Binance introduced a way for community members to vote on the listing and delisting of tokens.Amidst an increasingly competitive crypto market, Interactive Brokers is promising low transaction fees — 0.12% to 0.18% per transaction value with a minimum of $1.75 per trade. The brokerage still faces competition from exchanges that offer “pro” platforms with similar charges.Related: CZ admits Binance token listing process is flawed, needs reformCrypto markets see more regulation, more adoptionCompanies’ moves to expand crypto offerings comes amid a broader shift in how nation-states engage with the industry — moving toward collaboration rather than outright suppression. The European Union’s MiCA regulation has delivered in a clearer framework for crypto companies operating in that region, while the United States has been betting on the use of stablecoins to preserve the dollar global dominance.The US Securities and Exchange Commission has dropped cases against a number of crypto companies, and the US Congress is currently working on stablecoin and market structure legislations.Although crypto markets have recenlty experienced turbulence due to uncertainty surrounding US tariffs and fears of recession, institutional investors still appear optimistic crypto investments. Since debuting in January 2024, Bitcoin exchange traded-funds have attracted a cumulative net inflow of $36 billion, according to SoSoValue.Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions

FOMO: 90%
cointelegraph.com Mar 26, 2025 18:14

Specialized purpose DEXs poised for growth in 2025 — Curve founder - Several sectors of decentralized finance are poised for growth in 2025, including special-purpose decentralized exchanges (DEXs), stablecoins, and tokenized assets, according to Curve Finance founder Michael Egorov.Growth in decentralized exchanges will be driven by new purpose-tailored platforms, such as exchanges for stablecoins pegged to different underlying fiat currencies, thus solving the foreign exchange problem in stable tokens, Egorov said in an interview with Cointelegraph. The Curve founder added:Exchanges between stablecoins of different denominations like the Euro, US dollar, and others are not yet properly solved. How to provide liquidity without losing money, but while earning a lot of money, is kind of an open question that I think will be solved soon.The number of centralized and decentralized stablecoin offerings will also grow as financial institutions and blockchain developers create new alternatives, Egorov said.However, the regulatory landscape must catch up with the pace of innovation in the DeFi sector, and financial regulators are still using laws designed for the legacy system established in the 20th century, he said.DEX volume surged to new heights in the first several months of 2025. Source: DeFiLlamaRelated: DeFi lender Nostra pauses borrowing after price feed errorUS lawmakers vote to kill DeFi broker ruleLawmakers in the United States recently voted to repeal the Internal Revenue Service’s (IRS) regulation requiring decentralized finance platforms and protocols to report financial information to the government agency.On March 4, the US Senate passed a resolution repealing the IRS broker rule in a 70 to 27 vote, which was followed by the US House of Representatives voting to kill the IRS rule on March 11.The resolution will need to pass another Senate vote before being sent to President Donald Trump, who has signaled he’d support it.A report titled The State of Stablecoins 2025: Supply, Adoption & Market Trends from Dune Analytics and onchain analysis firm Artemis shows that stablecoin adoption surged by 53% year-over-year.Stablecoins hit a market cap of over $227 billion. Source: RWA.XYZThe report tracked active stablecoin addresses between February 2024 to February 2025 and found that active accounts increased to 30 million from 19.6 million.Similarly, a March 18 report from Coinbase and EY-Parthenon indicated that 83% of institutional investors polled say they are increasing their crypto allocations in 2025.Magazine: DeFi and Ethereum are the ‘new narrative’: Michaël van de Poppe, X Hall of Flame

FOMO: 88%
cointelegraph.com Mar 26, 2025 17:30

Price analysis 3/26: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, AVAX, XLM - Bitcoin (BTC) bulls have maintained the pressure and are attempting to push the price above the $90,000 resistance. A positive sign in favor of the bulls is that the US spot Bitcoin exchange-traded funds have witnessed net inflows for eight successive trading days, according to SoSoValue data. That indicates institutional investors are gradually buying again.In another positive, a Bitcoin whale bought 2,400 Bitcoin — worth over $200 million — on March 24 to increase the total holding to more than 15,000 BTC, blockchain analytics firm Arkham Intelligence said in a post on X.Crypto market data daily view. Source: Coin360However, a Bitcoin rally may not be easy as bulls are expected to encounter solid selling near $90,000. Alphractal CEO Joao Wedson highlighted in a post on X that whales had closed long positions and initiated short positions on Bitcoin at $88,000. He added that history says the whales are right.Could Bitcoin break above the stiff overhead resistance, pulling altcoins higher, or is it time for a short-term correction? Let’s analyze the charts of the top 10 cryptocurrencies to find out.Bitcoin price analysisBitcoin is facing selling at the resistance line, but a positive sign is that the bulls have not allowed the price to dip below the 20-day exponential moving average ($85,825). BTC/USDT daily chart. Source: Cointelegraph/TradingViewThe flattening 20-day EMA and the relative strength index (RSI) near the midpoint suggest that the bulls have a slight edge. A break and close above the 50-day simple moving average ($89,787) indicates that the correction may be over. The BTC/USDT pair could soar to $95,000 and later to the crucial resistance at $100,000.Contrary to this assumption, if the price turns down and breaks below the 20-day EMA, it signals that the bulls have given up. That may sink the pair to $83,000 and then to $80,000.Ether price analysisEther’s (ETH) recovery is facing solid resistance at the breakdown level of $2,111, indicating that the bears are unwilling to give up their advantage.ETH/USDT daily chart. Source: Cointelegraph/TradingViewIf the price continues lower and breaks below $1,937, it will signal that the bears are trying to flip the $2,111 level into resistance. If that happens, the ETH/USDT pair could decline to $1,800.This negative view will be invalidated in the near term if the price turns up and breaks above $2,111. That opens the doors for a rally to the 50-day SMA ($2,325) and subsequently to $2,550. Such a move will suggest that the pair may have formed a short-term bottom at $1,754.XRP price analysisXRP (XRP) is trying to take support at the 20-day EMA ($2.39), suggesting that the bulls are buying on dips.XRP/USDT daily chart. Source: Cointelegraph/TradingViewIf the price bounces off the 20-day EMA, the bulls will try to push the price to the resistance line. If the price turns down sharply from the resistance line and breaks below the moving averages, it will signal that the bears remain in control. That could keep the XRP/USDT pair stuck between the resistance line and $2 for some more time.Buyers will be in the driver’s seat on a break and close above the resistance line. The pair may rally to $3 and eventually to $3.40.BNB price analysisBNB (BNB) bulls are facing resistance at $644, but a positive sign is that the buyers have not given up much ground to the bears.BNB/USDT daily chart. Source: Cointelegraph/TradingViewThe 20-day EMA ($616) has started to turn up, and the RSI is in the positive zone, suggesting that the path of least resistance is to the upside. If buyers drive the price above $644, the BNB/USDT pair could ascend to $686. This level may again act as a strong barrier, but if the bulls overcome it, the pair may rally to $745.The first sign of weakness will be a break and close below the 20-day EMA. That may pull the price down toward the 38.2% Fibonacci retracement level of $591.Solana price analysisSolana (SOL) broke and closed above the 20-day EMA ($136) on March 24, suggesting the start of a relief rally.SOL/USDT daily chart. Source: Cointelegraph/TradingViewThe 50-day SMA ($155) may act as a resistance, but if the bulls prevail, the SOL/USDT pair could rally to $180. Sellers are expected to aggressively defend the $180 level. If the price turns down sharply from $180 and breaks below the 20-day EMA, it will signal a possible range formation in the near term. The pair may consolidate between $110 and $180 for some time.Instead, if buyers drive the price above $180, it suggests that the pair has started its journey toward the top of the large $110 to $260 range.Dogecoin price analysisDogecoin (DOGE) rose and closed above the 20-day EMA ($0.18) on March 25, suggesting the start of a sustained recovery.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThe DOGE/USDT pair is facing selling at the 50-day SMA ($0.21). If the price rebounds off the 20-day EMA, it will signal buying on dips. The bulls will try to propel the pair to $0.24 and later to $0.29.On the other hand, if the price skids below the 20-day EMA, it will indicate that bears continue to sell on rallies. The pair may drop to $0.16 and then to the crucial support at $0.14.Cardano price analysisCardano (ADA) bulls pushed the price above the 50-day SMA ($0.75) but are struggling to sustain the higher levels.ADA/USDT daily chart. Source: Cointelegraph/TradingViewIf the price breaks below the 20-day EMA, the bears will attempt to pull the ADA/USDT pair to the uptrend line. This is an important level for the bulls to defend because a break below it could tilt the advantage in favor of the bears. The pair could then descend to $0.58 and, after that, to $0.50.If buyers want to seize control, they will have to push and maintain the price above the 50-day SMA. If they manage to do that, the pair could rise to $0.84. This level may act as a strong resistance, but if the bulls prevail, the pair may climb to $1.02.Related: Bitcoin price just ditched a 3-month downtrend as key shift beginsChainlink price analysisChainlink (LINK) has moved up to the 50-day SMA ($16.12), which is likely to act as a stiff resistance.LINK/USDT daily chart. Source: Cointelegraph/TradingViewIf the price turns down from the 50-day SMA, the LINK/USDT pair may find support at the 20-day EMA ($14.75). A strong rebound off the 20-day EMA increases the likelihood of a break above the 50-day SMA. The pair could climb to $17.7 and later to the resistance line.If bears want to prevent the upside, they will have to swiftly pull the price back below the 20-day EMA. The pair could slump to $13.82 and thereafter to the channel’s support line.Avalanche price analysisAvalanche’s (AVAX) relief rally rose above the 50-day SMA ($22.10) on March 25, indicating that the downtrend could be ending.AVAX/USDT daily chart. Source: Cointelegraph/TradingViewThe 20-day EMA ($20.42) has started to turn up, and the RSI has jumped into the positive zone, signaling an advantage to buyers. If the AVAX/USDT pair turns down from the current level but finds support at the 20-day EMA, it suggests a change in sentiment from selling on rallies to buying on dips. That improves the prospects of a rally to $27.23.On the contrary, a break and close below the 20-day EMA signals a range formation between $25.12 and $15.27.Stellar price analysisStellar (XLM) recovered to the breakdown level of $0.31, where the bears are expected to mount a strong defense.XLM/USD daily chart. Source: Cointelegraph/TradingViewIf the price turns down from $0.31 and breaks below $0.27, it will suggest that the bears are active at higher levels. That heightens the risk of a drop to the critical support at $0.22, where buyers are expected to step in.Alternatively, a break and close above $0.31 signals that the markets have rejected the breakdown. The XLM/USDT pair may rise to the downtrend line, which could again pose a substantial challenge. A break and close above the downtrend line suggests a potential trend change.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 85%
cointelegraph.com Mar 26, 2025 17:08

‘We’re bullish on stablecoins,’ next-gen DeFi — Coinbase Ventures head - Crypto and blockchain-focused venture capital is unfazed by recent market volatility and is using the opportunity to uncover hidden gems in an industry that’s only “one decade into a 30-year paradigm shift,” according to Hoolie Tejwani, the head of VC firm Coinbase Ventures. Coinbase Ventures will “continue to invest steadily through market conditions” because it sees the “big picture,” Tejwani told Cointelegraph in an interview. “What we’re seeing as investors is an exponential technology change curve that is transforming the way people interact, how value flows, and how economies are run. And it’s being shaped by the people who are building on crypto infrastructure,” said Tejwani.Coinbase Ventures’ portfolio of investments includes Arbitrum, Dune, EigenLayer, Etherscan, OpenSea, Optimism and Uniswap, among others. Its mandate is to invest in project founders who share the namesake crypto exchange’s vision of creating more economic freedom through blockchain and Web3 applications.The company is especially “bullish on stablecoins,” thanks in part to recent crypto-friendly moves in the US Congress and by President Donald Trump, Tejwani said. The Senate Banking Committee forwarding a bill to regulate [stablecoins] “is a huge step for crypto,” he said, referring to the GENIUS Act, which stands for Guiding and Establishing National Innovation for US Stablecoins.The GENIUS Act is on its way to the full Senate after clearing the banking committee in an 18-6 vote. Source: Bill HagertyAlthough there was some partisan opposition, California Representative Ro Khanna recently said at least 70 of his fellow Democrats now understand the importance of stablecoins in maintaining the US dollar’s role as a global reserve currency. Khanna, like others, expects stablecoin legislation to cross the finish line this year.The dollar-denominated stablecoin market now exceeds $220 billion, representing roughly 1.1% of the US M2 money supply. Source: RWA.xyzRelated: US stablecoin bill likely in ‘next 2 months’ — Trump’s crypto council headDeFi, consumer applications remain in focusIn addition to stablecoins, Tejwani identified “next-generation” decentralized finance (DeFi) protocols, onchain consumer applications across social, gaming and creator markets, and intersection points between crypto and AI as major investment themes in 2025.Some of these themes were also identified by Jeffrey Hu, the head of investment research at Hong Kong-based HashKey Capital, although HashKey is placing a bigger emphasis on tokenizing real-world assets and decentralized physical infrastructure networks, also known as DePINs. Nevertheless, Tejwani and Hu agree that institutional adoption and real-world use cases represent the major focus areas for venture capital firms. “We expect 2025 to be a banner year for crypto startup activity and VC investment, fueled by clearer regulations, institutional adoption, and the continued growth of real-world use cases,” said Tejwani.Business service providers, DeFi, security services and payments attracted the largest VC capital in February. Source: The TIETejwani’s outlook on 2025 is consistent with recent inflows into crypto-based startups. As Cointelegraph reported, crypto and blockchain projects received a combined $1.1 billion in funding in February alone.Magazine: How crypto laws are changing across the world in 2025

FOMO: 85%
cointelegraph.com Mar 26, 2025 17:01

Dogecoin (DOGE) price set for 55% rally if this trend keeps up - Dogecoin (DOGE) price has rallied 18% over the past three days, and it is currently the best-performing crypto among the top 30 by market capitalization over the past week. Data also shows DOGE producing its highest weekly returns of 2025, a feat not seen since the final week of 2024. Dogecoin weekly chart. Source: Cointelegraph/TradingView7% of DOGE supply is clustered around $0.20According to the onchain data from Glassnode, DOGE’s unrealized price distribution (URPD) shows 7% of the DOGE supply is concentrated at $0.20. URPD is a metric that reflects the price at which coins were last moved, and it allows investors to identify resistance and support zones based on token clusters. Dogecoin URPD data by Glassnode. Source: X.comWith a significant concentration at $0.20, Glassnode implied that the price level could potentially act as a resistance level. Although, the analytics firm added, “If $0.20 is breached, there’s little Dogecoin supply until $0.31 - the next major URPD cluster. This gap raises the probability of a sharp leg higher, as theres not much resistance in between. Watch for breakout momentum if volume picks up.”A breakout push toward $0.31 highlights the potential for a substantial 55% surge from its $0.20 level, paving the way for a bullish market structure on the high time frame (HTF) chart.After $0.20, DOGE’s next resistance level lies between $0.32-$0.41, where the 3 to 6-month HODL waves reside. These HODL waves represent where investors bought DOGE in January. This might also act as a sell ceiling as some traders might look to exit their positions at break even. Related: Bitcoin price has 75% chance of hitting new highs in 2025 — AnalystDogecoin breaks through a difficult bearish trendlineOn March 24, House of Doge announced the launch of “The Official Dogecoin Reserve” with an initial purchase of 10 million DOGE tokens. The current rally occurred at the back of this news, creating a positive sentiment in the Dogecoin community. House of Doge, the newly formed corporate wing of the Dogecoin foundation, stated in a press release, “With a strategic reserve, House of Doge is laying the foundation for a payments ecosystem that ensures liquidity, stability, and reliability.”However, the foundation indicated that the purchased tokens have yet to be transferred to its holding account. House of Doge said they would provide the Reserve address on their website to uphold transparency once the transaction is complete. In light of its price breakout, Trader Tardigrade noted that Dogecoin had breached a three-month descending trendline that formed over the course of 2025. Dogecoin analysis by Trader Tardigrade. Source: X.comThis could potentially have a short-term bullish implication for DOGE price, as the token looks set for a relief rally over the next few days. Related: Solanas ‘early stage bull market’ hints at 65% SOL price gains by AprilThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 85%