Category: News

The FOMC concluded its latest meeting by announcing that it will not cut US interest rates. This decision was largely priced in, and the crypto market hasn’t seriously suffered.

Rate cuts would’ve provided a bullish narrative to juice fresh investment, which the market desperately needs. Bearish signals are growing alongside fears of a US recession.

Federal Reserve Says No to Rate Cuts

The Federal Reserve just finished its Federal Open Market Committee (FOMC), which determines much of US financial policy. The crypto industry was waiting with bated breath to see if the FOMC would decide to cut interest rates.

However, the FOMC made its report to the public and claimed that no rate cuts would be taking place.

“The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty around the economic outlook has increased. The Committee is attentive to the risks to both sides of its dual mandate. In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4.25% to 4.5%,” it said. 

This news more or less fits with the industry’s expectations. Fed Chair Jerome Powell already clearly stated that the FOMC doesn’t plan to cut interest rates.

The industry hoped that rate cuts could provide a bullish narrative, especially while the markets are afraid. For now, it seems like it’ll need to find an optimistic signal somewhere else.

Despite uncertainty from tariffs and bold fiscal policies, officials expect interest rates to drop by another half percentage point by 2025. Since the Fed typically adjusts rates in 0.25% steps, that means we’re likely to see two cuts this year.

Rate cuts would be bullish for investors, especially for risk-on assets like cryptoassets. However, this isn’t the Federal Reserve’s only concern. The FOMC alluded to its “dual mandate” when denying rate cuts. In other words, it needs to juggle investor concerns with consumer inflation fears, uncertainty around Trump’s tariffs, and a possible US recession.

If the FOMC were to slash interest rates, it would likely boost US inflation. The most recent CPI report was better than expected, and some in the industry hoped that this would build confidence. Ultimately, the main hopes rested with President Trump, who personally advocated for rate cuts. However, he didn’t make a major intervention.

It’s not all bad, though. The FOMC also announced would slow Quantitative tightening (QT) by reducing the monthly redemption cap on Treasury securities from $25 billion to $5 billion.

Some members of the community were pleased by this news, as slower QT can increase market liquidity. This announcement is at least some consolation for investors.

In any event, this lack of rate cuts was expected and priced in. The FOMC didn’t shock anybody by refusing to cut interest rates, and the market hasn’t been chaotic. A few of the top-performing cryptoassets suffered minor losses, but no substantial drops have materialized.

The crypto industry has been desperate for a bullish narrative, and some major players are visibly cracking at the seams.

The FOMC, however, did not provide this narrative via rate cuts. Hopefully, crypto will find something else to be optimistic about before a full-blown market correction takes hold.

The post FOMC Rejects Further Interest Rate Cuts, Disappointing Crypto Market appeared first on BeInCrypto.

Cardano has noted significant whale activity over the past 24 hours, aligning with the broader market recovery. During that period, the total crypto market capitalization has added another $50 billion, signaling renewed bullish momentum.

As bullish pressure strengthens, ADA appears poised to re-commence an upward trend.

Cardano Sees Heavy Whale Accumulation

On-chain data shows that Cardano whales, holding between 100 million and 1 billion coins, have acquired 190 million ADA in the past 24 hours. This cohort of large ADA investors currently holds 3.22 billion coins. 

When whales increase their coin holdings, it signals strong confidence in the asset’s future price potential.

Large-scale accumulation like this would reduce ADA’s available supply in the market, which can drive up its price if demand remains steady. The trend indicates a bullish outlook, as whales typically buy in anticipation of higher prices.

ADA’s Network Realized Profit/Loss (NPL) further supports this bullish outlook. At press time, it stands at -15.87 million. 

This metric measures the net profit or loss of all coins moved on the blockchain depending on their acquisition cost. When an asset’s NPL is negative, many investors are holding at a loss. 

This situation is known to reduce the selling pressure in the market, as traders may choose to hold their assets instead of realizing losses, which could support a potential price rebound. 

The steady dip in ADA’s NPL indicates that many holders are sitting on unrealized losses. To avoid selling at a loss, they may choose to hold onto their investments, reducing selling pressure. The increased holding time could, in turn, drive up ADA’s price as supply tightens in the market.

ADA’s Buying Pressure Increases—Will It Fuel a Price Breakout?

At press time, ADA trades at $0.72. On the daily chart, the coin’s Chaikin Money Flow (CMF) is in an uptrend and poised to cross above the zero line, highlighting the rise in buying pressure.

The indicator measures fund flows into and out of an asset. When it attempts to break above the zero line, it signals a potential shift from selling pressure to buying pressure. 

If the breakout is sustained, it would confirm strengthening bullish momentum in the ADA market and hint at a potential price uptrend. In this case, the coin’s price could rally toward $0.82.

However, if selloffs intensify, this bullish projection will be invalidated. In that scenario, ADA’s price could fall to $0.60. 

The post Cardano’s Supply Tightens as Whales Buy 190 Million ADA in 24 Hours – What Next? appeared first on BeInCrypto.

President Donald Trump is set to speak at the Digital Asset Summit (DAS) in New York on March 20. 

This is the first time a sitting US president will participate in a crypto conference.

Donald Trump to Make Historic Appearance at the Digital Asset Summit

Earlier this month, Donald Trump hosted the first-ever White House Crypto Summit. Although the community wasn’t particularly happy with the developments at the summit, it gave several significant updates on the US Bitcoin Reserve and the government’s current regulatory stance.

Reports indicate that Trump’s appearance may not be live. Some sources suggest he could deliver a pre-recorded message instead. 

Either way, this marks the first time an active US president is set to formally address a crypto conference. 

“Got some clarity on this — multiple sources on the ground at the DAS Conference tell me President Trump is/was planning to livestream into the conference at some point today or tomorrow to address the crowd. I’m told this may yet happen but could also be done via a taped recoding,” wrote Eleanor Terrett.

The summit will also feature key lawmakers, including Representatives Ro Khanna and Tom Emmer, alongside industry leaders such as MicroStrategy’s Michael Saylor and Ripple CEO Brad Garlinghouse.

Earlier today, Garlinghouse announced that the SEC dropped its appeal and XRP lawsuit against the firm in a landmark decision. 

The crypto market has shown signs of recovery this week. Earlier today, the Feds announced that it won’t hold any rate cuts currently. Yet, two more rate cuts are planned for later this year.

Trump’s address at DAS could have further implications. If he signals a more favorable regulatory approach to digital assets, the market could respond positively.

The post President Trump Will Reportedly Speak at the Digital Asset Summit appeared first on BeInCrypto.

Pi Network’s cryptocurrency, Pi Coin (PI), has secured another exchange listing with CoinEx, marking a notable milestone for the project. 

However, the listing comes at a turbulent time for the project, as pioneers push for clarity on Pi Network’s funding sources.

Pi Coin Listed on CoinEx Exchange

PI officially launched for trading on CoinEx on March 18, 2025. The deposit and withdrawal window opened at 11:00 UTC, followed by trading at 11:30 UTC, allowing Pi holders to trade against Tether (USDT). 

“After rigorous reviews, CoinEx will list PI (Pi) on March 18, 2025,” the exchange stated in its announcement.

With this latest listing, Pi Coin is now available on 12 exchanges, as per Coinranking data. Despite this expansion, the possibility of a Binance listing remains uncertain. 

Although 86% of the Pi community voted in favor of a Binance listing, the exchange has yet to confirm if or when it will list PI. This has raised concerns about the project’s credibility.

“The failure to get listed on Binance, despite 86% of the community voting in favor, raises serious concerns about public trust in the project,” a pioneer wrote on X.

Pioneers Demand Transparency on Pi Network’s Funding Sources

As concerns surrounding Pi Network continue to rise, the project is now embroiled in another controversy. A growing number of users are calling for transparency about the network’s funding sources.

An investigation by one of Pi Network’s pioneers uncovered that SocialChain Inc., the company behind Pi Network, has received investments from three firms: 137 Ventures, Ulu Ventures, and Designer Fund. However, the investigation revealed a key issue: two of these investors have not included Pi Network in their official investment portfolios.

Additionally, none of these firms have disclosed the amount of money they have invested in Pi Network despite being forthcoming with investment details for other companies.

“Why is Pi Core Team keeping this under wraps? Pioneers deserve transparency. If Pi Network aims for long-term sustainability, the team must be more open about its financial backing and key partnerships,” the post read.

Notably, a previous lawsuit by former co-founder Vince McPhillip against Pi Network offers additional insight into the project’s funding methods. The complaint outlined a series of claims, including wrongful termination, intentional and negligent infliction of emotional distress, and breach of fiduciary duty.

Nonetheless, it detailed that the project had raised funds by selling financial instruments called SAFE (Simple Agreement for Future Equity). 

According to the lawsuit, Pi Network sold SAFE agreements in September 2019 with a maximum valuation of $20 million. During this fundraising round, the project raised $500,000. A few months later, in February 2020, Pi Network conducted another fundraising round at the same $20 million valuation, raising an additional $300,000.

Despite these fundraising efforts, the lack of clear financial disclosure continues to fuel concerns within the Pi Network community.

Pi Coin Sees Double-Digit Price Decline 

Amid these challenges, PI’s price performance has also taken a hit. The altcoin has seen a sharp decline in value, shedding 19.3% of its gains over the past week. 

This drop has pushed the coin further down the cryptocurrency rankings, with PI falling from 12th to 21st place on CoinGecko. While the broader cryptocurrency market has also faced a downturn, PI’s losses have been more pronounced. At press time, PI was trading at $1.1, down 16.5% in the past 24 hours.

Despite this, Pi Network’s community engagement remains vibrant, particularly through PiFest 2025. The event has attracted 100,000 registered sellers worldwide, including 49,000 active participants on the Map of Pi.

Social media posts highlight strong participation from communities in Vietnam, Indonesia, and beyond, where users exchange goods and services using PI tokens.

Notably, the Pioneer Korea community has reported a consensus valuation of 1 PI at $50 —starkly contrasting its current market price on exchanges.

The post Pi Coin Gains CoinEx Listing Amid Market Woes and Transparency Demands appeared first on BeInCrypto.

The EOS blockchain is currently under attack by malicious actors employing an address-poisoning scheme.

In an address poisoning attack, exploiters create and send small transactions (often with negligible amounts like 0.001 tokens) using fake wallet addresses that closely resemble legitimate ones. The goal is to trick users into mistakenly copying and pasting the fraudulent address when making future transactions.

EOS Blockchain Users Suffers Address Poisoning Attack

Blockchain security firm SlowMist revealed that attackers are sending users small transactions of 0.001 EOS to trick them into sending funds to fraudulent addresses.

“Beware of address poisoning attacks on EOS! Malicious accounts are sending 0.001 EOS to users to poison addresses,” SlowMist revealed.

According to SlowMist, the attackers create accounts that closely resemble those of legitimate trading platforms. Specifically, “oktothemoon” to impersonate OKX exchange (real account: “okbtothemoon”) and “binanecleos” to impersonate Binance exchange (real account: “binancecleos”).

These subtle alterations can easily mislead users who fail to scrutinize the transaction details closely. Blockchain-focused X (Twitter) accounts warn users about the risks associated with this attack.

“Careful all….. Bad actors out there,” Blockchain-focused X account remarked.

WuBlockchain confirmed the ongoing attack, highlighting the impersonation tactics. AVA, an AI-driven social app, acknowledged the attack. However, it expressed confidence in the crypto ecosystem’s resilience, encouraging users to remain vigilant and focus on security.

Notably, address poisoning attacks are not new to the crypto space. Recently, Binance issued a global alert over clipper malware that alters crypto wallet addresses. Similarly, a Bitcoin trader sent $70 million to the wrong address last May.  

In January 2023, MetaMask also warned its users against falling prey to ‘address poisoning,’ citing a crypto scam whose popularity was growing.

Therefore, the resurgence of this scheme on EOS highlights ongoing security challenges in blockchain ecosystems. These attacks rely on tricking users into copying and pasting fraudulent addresses from their transaction histories, leading to unauthorized fund transfers.

Given the deceptive nature of these scams, users are advised always to double-check wallet addresses. It is also imperative to avoid relying solely on past transaction records when making transfers.

Meanwhile, this incident comes barely 24 hours after another major security breach in the crypto space. BNB Chain’s meme token launchpad, four.meme suffered a critical exploit, leading to significant financial losses.

The back-to-back security incidents reflect the growing sophistication of blockchain exploits. This incident also highlights the urgent need for enhanced security measures across all networks.

Meanwhile, BeInCrypto data shows that the EOS price was trading at $0.65 as of this writing. This represents a surge of nearly 32% over the last 24 hours.

The post Beware the Copy-Paste Trap: Malicious ‘Address Poisoning’ Attack Strikes EOS Users appeared first on BeInCrypto.

Many cryptocurrency projects such as Aave, dYdX, Jupiter, and Hyperliquid have recently announced token buyback mechanisms.

Traditional stock markets inspire the token buyback strategy. But does this strategy help crypto projects build a sustainable economic model and contribute to increasing the price of their tokens?

The Booming of Crypto Projects’ Token Buyback Programs

Token buybacks occur when crypto projects repurchase their tokens from the market. These repurchased tokens can be held as reserves or even burned. In theory, buybacks reduce circulating supply, creating scarcity, which may drive up token prices. Although not a new strategy, BeInCrypto has observed that this trend is rapidly expanding.

For example, in early March 2025, the lending protocol Aave (AAVE) announced the implementation of a new Aavenomics. Aave will repurchase tokens to reduce supply and shift from staking rewards to a more sustainable liquidity model. This included a weekly AAVE token buyback worth $1 million for six months, funded by protocol fees.

In an ideal scenario, this buyback plan could reach a total value of $100 million (3% of the circulating supply).

“We consider it the most important proposal in our history, feel free to have a read and provide feedback,” said Marc Zeller, founder of the Aave Chan Initiative (ACI).

Also in March, the decentralized exchange (DEX) dYdX approved “Proposal #225” to buy back DYDX tokens. The protocol will use platform revenue for the buyback.

Other crypto projects like Hyperliquid (HYPE) and Jupiter (JUP) have similar plans. Estimates suggest Hyperliquid will repurchase $600 million worth of tokens annually, using 50-100% of transaction fees. This protocol dominates decentralized finance (DeFi) despite the market downturn.

Jupiter has committed to using 50% of fees for buyback, estimated at $250 million annually. Recently, this project surpassed Raydium and became Solana’s second-largest protocol.

These are just a few of the most typical crypto projects. Many other projects, including Gnosis, Gains Network, and Arbitrum, employ similar strategies. So, could this reshape the current cryptocurrency market?

What’s Driving This Token Buyback Trend?

Discussing this buyback strategy, an X (formerly Twitter) user commented:

“Buybacks create steady demand and reduce circulating supply, which can stabilize or even increase token prices.” commented Capitanike.

The fundamental economic principle of supply and demand is the key driver. By reducing circulating supply, crypto projects aim to increase token scarcity, which could push prices higher. According to SolanaFloor, projects with token buyback programs outperformed those without buybacks by 46.67% in 2024 (-0.6% vs. -47.15% YTD).

Secondly, the buyback can signal strong financial health for crypto projects. This is particularly effective in reassuring investors amid market volatility.

Thirdly, unlike the token burn strategy, many projects (such as AAVE and Gains Network) redistribute repurchased tokens to stakers or holders, aligning incentives. This approach could indicate the maturity of a project’s tokenomics model over time.

However, token buybacks are not without weaknesses. As this strategy becomes more widespread, regulators like the SEC may scrutinize it for potential manipulation or illicit activities. 

Additionally, an improperly calculated buyback strategy could overly reduce token supply. If a project fails to balance new issuance or staking rewards, it might suffer from decreased trading volume. Moreover, buybacks could potentially mask financial weaknesses.

“What’s more plausible, in our opinion, is that these buybacks serve as proof that the projects raised too much during their ICO, are failing to develop anything useful, and don’t know what to do with their cash balances…” TokenData Research report.

The recent surge in crypto projects adopting token buybacks marks a significant evolution in tokenomics. While buybacks can enhance price stability, investor confidence, and ecosystem growth, they also carry manipulation risks and regulatory problems.

The post From Aave to Hyperliquid: Are Token Buybacks the Next Big Evolution in Crypto? appeared first on BeInCrypto.

The number of publicly traded companies buying and holding Bitcoin (BTC) has surged to 80 in 2025, a 142% increase from just 33 companies in 2023.

This trend reflects the growing acceptance of Bitcoin as both a strategic reserve asset and a hedge against inflation.

Why Public Companies Are Holding Bitcoin in 2025

Digital asset brokerage firm River revealed that 80 public companies hold Bitcoin, up from just 33 two years ago.

“80 public companies are now buying Bitcoin. Two years ago there were 33. Two years from now there will be…?,” River posed.

The companies embracing Bitcoin span multiple industries, with a strong concentration in technology and finance. The technology sector accounts for half of the public companies holding Bitcoin. Bitcoin Treasuries data shows firms like MicroStrategy (now Strategy), Tesla, and Block stand at the forefront of integrating Bitcoin into their financial strategies.

Financial institutions comprise 30% of the total, including Fold Holdings and Coinbase Global, which have indirect exposure via ETFs (exchange-traded funds). The cryptocurrency mining industry represents 15%, with mining giants such as Marathon Digital and Riot Platforms holding significant Bitcoin reserves.

The remaining 5% comprises companies from other sectors, including retail and energy. These firms experiment with Bitcoin holdings for transactions and balance sheet diversification.

Several key factors are driving the adoption of Bitcoin among public companies. Inflation hedging has become a major consideration as firms look for alternative stores of value beyond traditional assets.

“Bitcoin is the currency of freedom, a hedge against inflation for middle-class Americans, a remedy against the dollar’s downgrade from the world’s reserve currency, and the off-ramp from a ruinous national debt. Bitcoin will have no stronger advocate than Howard Lutnik,” US Health and Human Services Secretary Robert F. Kennedy Jr said recently.

Many companies have also adopted Bitcoin as a treasury reserve strategy, betting on its long-term appreciation. On this matter, firms like Strategy lead the way.

Additionally, investor pressure has played a role as institutional investors and shareholders increasingly push companies to diversify into digital assets. Regulatory clarity and pro-crypto policies in some regions have further encouraged corporate adoption.

Cumulative Bitcoin Holdings Continue to Rise

Meanwhile, public companies have been accumulating Bitcoin at an unprecedented rate. Between 2020 and 2023, they collectively held approximately 200,000 BTC. In 2024 alone, an additional 257,095 BTC was acquired, doubling the total from five years ago.

In the first quarter of 2025, an estimated 50,000 to 70,000 BTC has already been added. Noteworthy, MicroStrategy and Fold Holdings lead the acquisitions. Coinbase’s recent institutional investor survey also indicated that 83% of institutions plan to increase their crypto asset allocation by 2025.

The surge in Bitcoin adoption by public companies coincides with a new wave of crypto-related IPOs (initial public offerings). Notable firms, including Gemini and Kraken, plan to go public, highlighting increased institutional confidence in the digital asset space. These IPOs provide fresh capital inflows and further legitimize the broader crypto market.

Bitcoin has also become a financial lifeline for struggling companies seeking to boost their stock prices. Some firms with declining revenues have turned to Bitcoin investments to attract new investors and strengthen their market position. As a result, Bitcoin is playing an increasingly significant role in corporate strategies.

Despite the impressive growth in corporate Bitcoin adoption, public crypto companies still represent only 5.8% of the total crypto market capitalization, according to a CoinGecko report. This suggests that there is still significant room for expansion.

Beyond corporate treasuries, Bitcoin’s rising adoption also influences financial planning in other areas. Parents increasingly choose Bitcoin as an alternative to traditional college savings plans, betting on its long-term growth potential to fund education expenses.

With 80 public companies now holding Bitcoin, the trend shows no signs of slowing. If the current growth trajectory continues, institutional adoption will deepen as more companies turn to Bitcoin.

The post The Bitcoin Boom: 80 Public Companies Are Betting Big on BTC in 2025 appeared first on BeInCrypto.

Smart Money wallets have been aggressively offloading TRUMP, BNKR, and PWEASE in the last seven days, raising red flags for these trending tokens. TRUMP has faced the heaviest pressure, with over $380,000 in net outflows, as its price remains stuck in a sharp downtrend.

BNKR, despite posting strong weekly gains, has also seen large traders liquidating their positions, signaling potential profit-taking. Meanwhile, PWEASE is experiencing similar bearish flows as larger wallets continue to trim exposure despite the recent buzz around the meme coin.

TRUMP

TRUMP has been under significant selling pressure, trading below $18 for the past 30 days, with its price declining by nearly 43% over that period.

This steep correction has coincided with notable smart money activity, as key wallets have been heavily exiting their positions. In the last seven days alone, smart money wallets sold $382,660 worth of TRUMP while only buying $1,240, resulting in a sharp net outflow of $381,420.

This imbalance suggests that larger, more informed investors are losing confidence in TRUMP’s short-term prospects, contributing to the downward momentum.

If this corrective trend persists, TRUMP could fall further and retest its next key support level, $9.54. Failure to hold this level may expose the asset to deeper losses.

However, if TRUMP manages to reverse its current bearish trend and regain bullish momentum, it could attempt to challenge resistance at $12.51.

A successful breakout above this level may open the door for a move towards $13.88. If buying pressure strengthens further, TRUMP could rally back up to $17.75, reclaiming levels closer to where it was trading before the recent downturn.

BankrCoin (BNKR)

BNKR has surged by 19% over the past week, positioning itself as one of the top-performing AI coins and one of the most talked-about assets on the Base chain.

This recent rally has drawn significant attention, helping BNKR stand out in a competitive market. However, despite the price increase, smart money wallets have shown mixed behavior—while they purchased $75,700 worth of BNKR in the last seven days, they also offloaded $213,730, resulting in a net outflow of $138,000.

This suggests that although BNKR is trending, larger investors may be capitalizing on the recent rally to secure profits.

If this selling pressure persists, BNKR could lose its recent momentum and slip below key support levels at $0.00019 or even $0.00018, marking its lowest levels since mid-February.

On the other hand, if BNKR manages to reignite the bullish sentiment that fueled last week’s gains, it could retest resistance at $0.000225.

A breakout above this level could pave the way for a further move toward $0.000282, signaling a strong continuation of its upward trend.

PWEASE

PWEASE, a Solana meme coin satirizing US Vice President JD Vance, has been drawing attention amid volatile market conditions.

Over the past seven days, smart money wallets have shown a bearish stance. They purchased $166,720 worth of PWEASE but sold $291,000 in the same period, resulting in a net outflow of $124,320.

This suggests that while the token has gained some traction, larger investors are currently leaning towards reducing their exposure, adding selling pressure to the coin.

If this corrective trend continues, PWEASE could move lower and test the key support at $0.0125. If that level fails to hold, a deeper decline toward $0.0059 may follow.

However, should PWEASE manage to attract renewed buying interest and reverse the downtrend, it could push up to challenge resistance at $0.0295.

A breakout above this level could open the door for further upside toward $0.040, signaling a potential shift back to bullish momentum for the meme coin.

The post Top 3 Crypto Smart Money Wallets Are Selling Fast In March appeared first on BeInCrypto.

Coinbase announced Verified Pools, a new service intended to attract institutional users. These liquidity pools will offer clients a secure way to take advantage of high efficiency and native on-chain infrastructure.

Liquidity pools, in general, offer many of the same advantages, but they do not have sufficient security assurances for major institutions. The exchange hopes to provide security and confidence with proactive measures like KYC and sanctions screening.

What are Coinbase’s Verified Pools?

Coinbase, one of the largest crypto exchanges in the US, has been actively expanding its services under the current pro-regulatory shift.

Today, the exchange announced the introduction of Verified Pools, an institutional-grade service to enhance on-chain trades and swaps.

“Verified Pools is a curated selection of liquidity pools available only with the Coinbase Verifications credential. Verified Pools is the next step in Coinbase’s commitment to advancing the onchain ecosystem and generating the next wave of onchain adoption,” the firm claimed via social media.

Coinbase’s Verified Pools hope to solve an important issue for institutional investors in the crypto space.

Specifically, how can retail users or traditional institutions participate in DeFi despite significant barriers around compliance, counterparty risk, and operational complexity?

Sketchy exchanges and business practices are epidemic in the industry, and these institutions need real assurances.

Through Verified Pools, Coinbase addresses several of these concerns. It ensures that all participants of a liquidity pool are identity-verified using Coinbase’s verification system

The whole platform is powered by Base, Coinbase’s Ethereum-centric L2 blockchain solution. This means that the service is natively on-chain and can benefit from smooth transactions while ensuring security, transparency, and accountability.

Verified Pools offer a few other attractive features for Coinbase’s institutional clients. For example, the pools are non-custodial, allowing users to maintain control over their assets.

In the main, however, the exchange is trying to offer liquidity pools with all their advantages to institutional traders, which is uncommon. The main benefits are inherent to pools in general.

In short, Coinbase’s Verified Pools can offer liquidity, efficiency, and transparency while prioritizing user security and confidence. Moving forward, the exchange plans to expand asset coverage and trading pairs, integrate more DEX aggregators, offer the service in more countries, and more.

The post Coinbase Launches Verified Liquidity Pools For Institutional and Retail Traders appeared first on BeInCrypto.

Ethereum (ETH) has been struggling, down nearly 30% over the past 30 days as bearish sentiment continues to weigh on the asset. Over the last week, ETH has remained stuck below the $2,000 mark, unable to regain key resistance levels.

While some indicators, like BBTrend, are showing early signs of stabilization, whale activity points to cautious behavior among large investors. As Ethereum trades near critical support zones, the market is watching closely to see if the downtrend will deepen or if bulls can stage a meaningful recovery.

BBTrend Is Now Positive After 6 Days, But Still At Modest Levels

Ethereum’s BBTrend indicator is currently sitting at 0.22, having just turned positive after spending six consecutive days in negative territory.

During that stretch, it reached a negative peak of -17.68 on March 13, reflecting strong bearish momentum.

This shift marks a potential early sign of stabilization for Ethereum. The indicator has crossed back above zero, signaling that sellers may be losing control in the short term, as Ethereum network activity recently hit yearly lows.

BBTrend, or Bollinger Band Trend, is a momentum-based indicator that measures the strength and direction of a price trend relative to its Bollinger Bands. Readings below 0 typically suggest bearish conditions, while readings above 0 indicate bullish momentum.

Thresholds around -10 or +10 often highlight periods of stronger trend conviction. Ethereum’s BBTrend is now back in positive territory after a prolonged bearish phase, suggesting that downward pressure is easing.

However, at just 0.22, the indicator is still at low levels, signaling that while the sell-off might be cooling, the market has yet to transition into a strong bullish trend fully.

Whales Are Not Accumulating Ethereum

The number of Ethereum whales—wallets holding at least 1,000 ETH—has been steadily declining since February 22, after peaking at 5,828 addresses.

The current number of Ethereum whales stands at 5,752, despite a modest attempt at a rebound in recent days, with Ethereum market dominance hitting its lowest levels since 2020.

This gradual reduction in large holders points to a cautious approach among key players. Some whales are reducing their exposure or taking profits as Ethereum’s price action remains mixed.

Tracking whale behavior is crucial because these large addresses often act as market movers, capable of influencing price trends through their buying or selling activity.

A steady decline in Ethereum whale numbers may suggest waning confidence or a shift toward risk-off sentiment among institutional or high-net-worth investors.

This downward trend in whale accumulation could limit the strength of any potential rallies, as fewer large players are positioned to provide strong buying support in the short term.

Will Ethereum Fall Below $1,700 In March?

Ethereum has been under pressure, trading below the $2,000 mark for the past seven days. Sellers have kept the asset pinned beneath key resistance levels.

The current support stands at $1,823, and if this level is tested and broken, Ethereum could decline further toward $1,759 and potentially fall below $1,700 for the first time since October 2023, despite some experts defending its future echoes early Amazon and Microsoft.

However, if Ethereum’s price manages to stabilize and build an uptrend, it could challenge the immediate resistance at $1,956.

A breakout above this level may open the path for a rally toward $2,106, with further bullish momentum potentially pushing ETH to retest $2,320 and even $2,546.

A break above $2,500 would mark the first time Ethereum reclaims that level since March 2, signaling a notable shift in market confidence and buyer strength.

The post Ethereum (ETH) Struggles To Hit $2,000 With Weak Whale Accumulation appeared first on BeInCrypto.