Bitcoin stabilizes near $70K, while altcoins show little movement as geopolitical tensions and inflation fears weigh on markets.
March 21st — Official sources confirm GMX is recruiting a Chief Executive Officer (CEO). Key responsibilities for the role include: - Crafting strategic plans - Refining organizational structure - Strengthening partnerships - Steering GMX into its next phase of expansion GMX is seeking an experienced leader with expertise in both decentralized infrastructure and driving scalable growth. Applications are now open, and qualified candidates from all backgrounds are encouraged to apply.
Ethereum price is up 1%, but onchain data shows accumulation by long-term holders as ETF outflows continue.
**March 21 (CNN) — A California jury mostly sided with shareholders of Twitter (now renamed X) on Friday, finding billionaire Elon Musk made false statements and intentionally depressed the social media company’s stock price ahead of his $44 billion 2022 acquisition. The jury did not, however, find Musk involved in an “overall conspiracy to defraud investors.”** **The ruling resolves a civil class-action lawsuit filed by Twitter shareholders in October 2022 — just weeks before Musk formally took control of the company. Musk testified during the multi-week trial; he initially agreed to buy Twitter in April 2022, tried to back out in subsequent months, and ultimately completed the acquisition.** **Plaintiffs’ counsel estimates the jury’s award could reach roughly $2.5 billion, with the final amount tied to the number of investors who opt into the class action.** **Musk intends to appeal the ruling, his law firm Quinn Emanuel Urquhart & Sullivan said. The firm noted Musk has recently won unrelated appeals in Texas and Delaware.**
Bitcoin held above $70,000 after a volatile week as analysts pointed to cycle signals and steady Binance outflows.
Bitcoin held above $70,000 after a volatile week as analysts pointed to cycle signals and steady Binance outflows.
Binance has revamped its VIP Program to make elite benefits more accessible, introducing the Rising Star tier and significantly lowering entry thresholds. Lower BNB and Trading Requirements In a move to reward its growing user base, Binance has announced a comprehensive overhaul of its VIP Program. By significantly lowering entry thresholds and introducing a new […]
Early Ethereum whale thomasg.eth is rebuilding his position with a $19.5 million ETH purchase this week, as BitMine's Tom Lee calls the end of “crypto winter.”
Morgan Stanley has filed a second S-1 amendment with the SEC for its Morgan Stanley Bitcoin Trust. The filing details the outline of a future spot Bitcoin ETF, expected under the ticker MSBT on NYSE Arca. Beyond the regulatory step, this update signifies an important development, as the bank is no longer just opening access to crypto ETFs, it now seeks to establish itself as an issuer in this market. L’article New S-1 Lays Out Morgan Stanley’s Bitcoin Trust est apparu en premier sur Cointribune.
On March 21 (local time), a spokesperson for the Islamic Revolutionary Guard Corps’ (IRGC) Hataam Anbiya Central Headquarters told CCTV News that Iran is undertaking major operations in the Strait of Hormuz. The spokesperson further emphasized that Iran will target more critical U.S. infrastructure if Iranian infrastructure is attacked.
XRP price fell back to $1.44 after failing at $1.60, as wallet growth rose but momentum stayed weak.
March 21: U.S. Bitcoin spot ETFs recorded a total net inflow of $93.1 million this week, per Farside monitoring data.
For the first time in nearly two months, the Bitcoin price had a sustained run above the psychological $70,000 level over the past week. However, the increased likelihood of potential interest rate hikes by the US Federal Reserve on Friday, March 20, seems to have elevated market apprehension. Interestingly, an on-chain evaluation suggests that the Bitcoin price was always destined for another round of downside movement — this time below the $50,000 level. Is BTC Price Preparing For Another Leg Down? In a Friday post on the X platform, crypto analyst Ali Martinez shared an on-chain insight into the potential bottom of the BTC price in the current bear cycle. According to the market pundit, the price of Bitcoin appears to be headed to the $43,000 level before starting the next bull cycle. Related Reading: Bitcoin Holds At $69,000— Glassnode Data Shows What To Expect Through Late March This projection is based on the Market Value to Realized Value (MVRV) pricing bands, which show the different profitability levels of the premier cryptocurrency. These pricing bands also function as dynamic support and resistance levels, as they compare the current market price to the average realized value (average cost basis) of all investors. As shown in the chart above, MVRV pricing bands have proven, in past cycles, to be quite effective in predicting market tops and bottoms. Using the on-chain metric, Martinez has identified the 0.8 MVRV band as the potential bottom of the Bitcoin price in the ongoing bear market. Martinez revealed that over the past decade, the price of BTC has always rebounded from this 0.8 MVRV band, marking the start of a fresh bull cycle. The highlighted chart shows the flagship cryptocurrency bouncing back to a new high after hitting its cycle low — around this band in 2018, 2020, and 2022. According to data from Glassnode, the 0.8 MVRV band currently lies around the $43,647 region, putting the potential bottom of this cycle nearly 40% away from the current price. If history were to repeat itself, this on-chain evaluation suggests that the Bitcoin price could be at risk of further downside in the coming months. It is important to mention that while the 0.8 MVRV band is currently at $43,647, it is liable to change with further movements in price. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $70,477, reflecting a 0.6% increase in the past 24 hours. Related Reading: Pundit Shares Everything To Understand About Bitcoin, ‘This Cycle IS Different’ Featured image from iStock, chart from TradingView
A tentative agreement on stablecoin yield may help restart progress on the CLARITY Act in Washington. Reports said White House officials and US lawmakers are working on terms that could address one of the main disputes that slowed the crypto…
March 21 — Per U.S. website The Drive, the Pentagon has confirmed a U.S. F-35A fighter jet on a mission over Iranian airspace was forced to return urgently and landed at an undisclosed U.S. airbase in the Middle East. A video released by Iran’s Islamic Revolutionary Guard Corps (IRGC) shows the stealth jet was attacked. Foreign media outlets note this may mark the first time an F-35 has been hit in a combat environment since entering service, with Iran claiming to have set a new world record in aerial combat. (Source: Jinse)
Coinbase expands its offer with perpetual futures contracts on stocks, accessible 24/7. An evolution that further brings traditional markets closer to the crypto ecosystem. L’article Coinbase accelerates its transformation into an all-in-one platform with stock derivatives est apparu en premier sur Cointribune.
March 21 – Iran confirmed it launched two ballistic missiles toward Diego Garcia Island, a joint U.S.-UK military base in the central Indian Ocean, with the weapons’ range reported to exceed 4,000 kilometers. Iranian authorities stated the move shows Iran’s missile range surpasses the “enemy’s” prior expectations, demonstrating its deterrent capability against the U.S. and its allies. Neither missile hit the target base, per U.S. sources. (CCTV News)
March 21: Coinbase’s asset management arm launched tokenized shares of its Bitcoin yield fund, deploying the tokens on Base—its Ethereum Layer 2 solution—in partnership with Apex Group, a firm with $3.5 trillion in assets under management (AUM). The offering is available to non-U.S. investors, adheres to the ERC-3643 standard, integrates compliance checks directly into the tokens, and enables automated access and transfer controls. This development underscores how institutions like BlackRock, Fidelity, and Franklin Templeton are accelerating the on-chain adoption of funds, bonds, and other assets—aiming to boost settlement efficiency, cut costs, and expand distribution channels.
On March 21st, CryptoQuant analyst Axel Adler Jr noted that the Coinbase Premium Index had rebounded from negative territory (a sign of capitulation selling by U.S. investors) to a neutral-to-weakly positive level between February and March 2026. However, the index has yet to move into positive territory on a sustained basis, meaning full-fledged bullish momentum from U.S. funds remains unconfirmed.
Grayscale filed for a spot HYPE ETF tied to Hyperliquid, adding to the race for newer crypto exchange-traded products.