Author: 行政
XRP shows rare bottom signals and strong rebound potential. The key support at $1.44–$1.48 will guide near-term price action. A break above $1.60 with volume needed to sustain the rally. XRP has grabbed the spotlight after overtaking BNB in market cap ranking following its recent price rebound. Analysts point to technical signals that suggest XRP may have recently formed a long-term bottom. These signals include an oversold RSI on the weekly chart and a stretch of negative funding rates that historically appear before significant rebounds. XRP rebounded after hitting a rare bottom After a period of sideways trading, XRP surged…
Citigroup lowered its 12-month Bitcoin forecast from US$143K to US$112K and its Ethereum target from US$4,304 to US$3,175, citing weaker network activity and slower legislative progress. The bank cut its projected bitcoin ETF demand from US$15 billion to US$10 billion. However, it still considers institutional inflows through ETFs the single most important catalyst for crypto prices. Citigroup cut its 12-month cryptocurrency forecasts on March 17, lowering its Bitcoin (BTC) target by about 22% to US$112,000 (AU$157,500) and its Ethereum (ETH) estimate by roughly 26% to US$3,175 (AU$4,465), citing weaker network activity and delays in U.S. regulation. In a note, the…
Citigroup forecasts Bitcoin at $112,000 despite slow US crypto legislation. Bitcoin price ranges show cautious momentum with potential volatility ahead. Institutional demand remains key amid regulatory uncertainty. Bitcoin has been steadily climbing over the past week, with its price now sitting around $74,000. This marks a 6.5% increase over the last seven days, showing renewed momentum after several months of sideways movement. Citigroup, in its latest update, adjusted its 12-month price forecast for Bitcoin to $112,000, from its previous target of around $143,000. Citi’s move reflects a cautious optimism shaped by both market dynamics and regulatory developments. Regulatory headwinds weigh…
CryptoQuant Head of Research Julio Moreno identified US$75,000 and US$85,000 as critical resistance levels tied to the Traders’ On-chain Realized Price, a metric tracking the average cost basis of short-term market participants. Hourly Bitcoin inflows into exchanges hit 6,100 BTC on March 16, with large deposits accounting for 63% of total inflows, the highest share since at least October 2025. Bitcoin has declined after seven of the last eight FOMC meetings, including a 7.3% drop following the January 2026 rate hold, as the Federal Reserve prepares to announce its March 18 decision. Bitcoin’s (BTC) move toward US$75,000 (AU$106K) is facing…
The SEC and CFTC issued joint interpretive guidance on March 17 introducing a five-category token taxonomy: digital commodities, digital collectibles, digital tools, stablecoins, and digital securities. The guidance explicitly classifies protocol mining, staking, and certain airdrops as non-securities activities. SEC Chairman Paul Atkins stated the interpretation “recognizes what the former administration refused to recognize”. US regulators made their clearest move yet toward a new crypto framework on March 17, as the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) said most digital assets should not be treated as securities and introduced a formal classification system to replace…
“Eureka,” the big San Francisco-made 64-pound gold bar recovered from a famous 1857 shipwreck Fractional ownership is coming to one of the most famous gold artifacts of the California Gold Rush. Kagin’s Digital, a subsidiary of Kagin’s Inc., has structured a digital offering allowing accredited investors to purchase shares in the “Eureka Bar,” a 933.34-troy-ounce gold ingot recovered from the 1857 wreck of the SS Central America. Weighing about 64 pounds, the bar is considered the largest known surviving gold artifact from the California Gold Rush era and one of the most significant ingots ever produced. Rather than offering the…
Citigroup cuts Bitcoin and Ethereum targets as slower US policy timeline trims the upside caseCitigroup has cut its 12-month targets for Bitcoin and Ethereum, lowering its Bitcoin forecast to $112,000 from $143,000 and its Ethereum forecast to $3,175 from $4,304.The March 17 revision marks a sharp step down from the bank’s December view and ties that reset to slower US legislative progress, a delay that Citi said is weighing on the policy support it had expected to help drive ETF demand and wider adoption.The cuts are large enough to change the shape of the one-year crypto outlook without turning Citi…
XRP gained nearly 10% over the past week, presenting a sharp divergence from the institutional sector as investment products tied to the token posted their steepest monthly outflows of the year.Data from CryptoSlate showed the digital asset reaching a monthly high of $1.60 over the last 24 hours before pulling back to stabilize at around $1.51 at press time.This notable market rally coincided perfectly with a massive surge in new wallet creation, an increase in daily active addresses, and a higher volume of completed payments executed directly on the XRP Ledger.Blockchain analytics provider Santiment reported that the underlying network recently…
Bitcoin is heading toward its first real recession-era test as a mature institutional asset after Moody’s recession model rose to 48.6%, a level that, in that historical series, has not previously been reached without a recession following within 12 months.The historical ‘point of no return’ signal arrives as US growth slows, the labor market weakens, oil trades above $100, and Bitcoin has started to post gains over the past week and month.That combination sets up a clearer test than the brief COVID downturn: whether Bitcoin trades like a risk asset when the economy softens the slow way, or holds up…
Disclosure: This is a paid article. Readers should conduct further research prior to taking any actions. Learn more ›Bitcoin is back in focus after another sharp turn higher, with the asset trading at $73,772 on March 17 after hitting an intraday high of $75,937, according to market data. The move matters less as proof of a clean breakout than as evidence that buyers have rebuilt momentum after a punishing February washout.On Feb. 6, Bitcoin rebounded from a 16-month low of about $60,018 after a broad selloff across risk assets, posting its biggest one-day gain since March 2023. That rebound did…