hodler

7 Mar 2026, 04:13

Top Bullish Predictions for XRP, BNB, Solana, Cardano, Tron Align with Fresh Chart Data

Analysts have begun to share constructive opinions on altcoins as March begins, pointing to improving technical structure.

7 Mar 2026, 04:00

Bitcoin Bounce Fails As Short-Term Holders Rush To Take Profit

Bitcoin’s latest rebound to $74,050 on Thursday is running into immediate selling pressure as short-term holders move coins to exchanges in large volumes, suggesting the market’s most reactive cohort remains unconvinced by the recovery. On-chain data shared by CryptoQuant contributors indicates that traders who bought Bitcoin only weeks ago are now locking in gains rather than holding through the bounce, creating a fresh pocket of supply just as the market attempts to stabilize. Bitcoin Short-Term Holders Cash In According to CryptoQuant contributor Darkfost, more than 27,000 BTC in profits were sent to exchanges by short-term holders (STHs) over the past 24 hours, one of the largest spikes recorded in recent months. The metric tracks coins moved to exchanges by investors who are currently in profit, often interpreted as a precursor to potential selling pressure. Related Reading: Bitcoin Price Suppressed By Shadow Banking Rehypothecation, Saylor Says “Despite the slight recovery of Bitcoin, STHs (Short Term Holders) do not seem convinced and prefer to take profits quickly,” Darkfost wrote. “Over the past 24 hours, STHs have sent more than 27,000 BTC in profit to exchanges, which ranks among the highest levels observed in recent months.” The dynamic appears concentrated among the most recent buyers. According to the analysis, the only cohort currently able to realize meaningful gains consists of investors who accumulated Bitcoin between one week and one month ago, with a realized price near $68,000. That positioning places them directly in the money after Bitcoin’s latest bounce toward the low-$70,000 range, creating a natural incentive to exit positions quickly. “STH are known for being reactive and emotionally driven, especially the youngest cohorts,” Darkfost noted. “Current news flow and macroeconomic projections remain rather negative in the short term, which makes this behavior relatively understandable and, in this case, fairly rational.” Related Reading: Bitcoin To $11 Million By 2036? This AI-Deflation Thesis Is Turning Heads For now, that behavior translates into near-term supply. “This represents selling pressure to monitor, as STH do not yet appear willing to hold their positions for longer,” he added. Repeated Pattern Around Range Highs Separate market structure analysis points to another pattern that may be reinforcing the selling. CryptoQuant contributor Maartunn highlighted a recurring technical setup that has played out multiple times in recent months: brief breakouts above key resistance levels followed by swift reversals. “Deviations above the Range High keep getting sold,” Maartunn wrote. “Over the last few months, BTC has shown the same pattern three times: break above the range high, short-lived deviation, sharp move lower.” The most recent instance occurred as Bitcoin briefly pushed above a range ceiling near $71,000 before stalling. “The latest deviation just occurred around $71K,” he noted. “If history repeats, this level may again act as a trap for late longs.” The pattern was visible in early-October 2025 and mid-January 2026. Breakouts above local range highs were followed by rapid pullbacks, reinforcing the idea that liquidity above resistance levels has been used primarily as an exit point for sellers. At press time, Bitcoin traded at $70,127. Featured image created with DALL.E, chart from TradingView.com

7 Mar 2026, 04:00

From Ban Threats To Bank Licenses: Russia’s New Crypto Play

The Bank of Russia has proposed letting banks and brokerage firms obtain licenses to operate crypto exchanges. A New Crypto Play A report published by Interfax on March 5 states that The Central Bank of Russia (CBR) Governor Elvira Nabiullina has proposed to allow banks and brokers to obtain crypto exchange licenses via a notification process, as based on their current licenses. This statement was made at the annual meeting of lending institutions with the Central Bank. According to Nabiullina, the proposal aims to leverage the banking sector’s infrastructure for fighting money laundering and countering the financing of terrorism and fraud in order to better protect digital assets market clients. In what appears to be a conciliatory move between regulators and digital asset’s traders, Nabiullina directly addresses some of the main concerns typically raised by TradFi when arguing against crypto assets: We hope that your extensive banking experience in AML/CFT [anti-money laundering and countering the financing of terrorism], as well as your experience in countering fraud, will help protect your clients in the crypto market once it is legalized. The Crypto Proposal The exchange permissions being notification‑based means that institutions could bolt cryptocurrency services onto existing financial licenses instead of going through a separate, standalone approval process. Under the draft rules, crypto and stablecoins would be treated as “currency valuables”: Russians could own and trade them but using them as a domestic means of payment would remain restricted. Regarding the risk level, Naibullina remain cautious. She clarified that there would be a temporary threshold for banks’ involvement in the asset class: However, we would still like to limit the level of risk a bank takes in this area to one percent of capital. Let’s start by seeing how banks operate within the one percent cap, and then see whether we need to move forward. According to the Interfax report, qualified investors may acquire crypto assets without restrictions, while non-qualified investors are limited to purchasing up to 300,000 rubles per year through a single intermediary. The proposal effectively turns banks into the primary regulated gateways for digital asset trading. Russia’s Back-And-Forth Since 2020, Russia has recognized digital assets as property but banned them as a means of payment. Russia flirted with a full ban in 2022 and then shifted to “regulate, don’t ban.” By 2024–2025 , Russia allowed limited cross‑border use, legalized mining, and opened the market only to banks and “super qualified” investors, keeping retail, P2P, and foreign platforms in a gray zone. A Change In The Tide Russia has slowly but surely moved from hostility to tightly managed acceptance: the new push to license banks and brokers as cryptocurrency intermediaries is about pulling activity onshore, taxing it, preserving capital controls, and sidelining unlicensed foreign exchanges rather than outlawing crypto itself. The central bank is pushing to finish the broader legal framework by mid‑2026, after which penalties for unlicensed intermediaries and offshore platforms that do not localize in Russia are expected to kick in. Cover image from ChatGPT, BTCUSD chart from Tradingview

7 Mar 2026, 03:40

Bitcoin Mining Giants Ramp Up Sales as Prices Drop Sharply

Five major mining companies sold more than 15,000 BTC in five months. February saw record sales as Bitcoin’s price dropped to $70,000. Continue Reading: Bitcoin Mining Giants Ramp Up Sales as Prices Drop Sharply The post Bitcoin Mining Giants Ramp Up Sales as Prices Drop Sharply appeared first on COINTURK NEWS .

7 Mar 2026, 03:30

Kucoin Faces Cease-and-Desist Order From Dubai Crypto Regulator

Dubai’s regulator warns consumers and investors to avoid crypto exchange Kucoin, intensifying scrutiny of unregulated digital asset platforms as the UAE’s multi-agency system divides oversight of virtual assets across Dubai and other emirates. Kucoin Ordered to Halt Operations by Dubai Regulator Heightened regulatory scrutiny continues to shape the global virtual asset sector. Dubai’s Virtual Assets

7 Mar 2026, 03:00

The 31,900 Bitcoin Purge: Why March 4 Marked An Institutional Bitcoin Floor

Bitcoin is testing the $70,000 level after briefly surging toward $74,000, as the market attempts to stabilize following a volatile period marked by geopolitical uncertainty and rapid price swings. While the recent rally helped restore short-term momentum, analysts are closely monitoring on-chain data to determine whether the move reflects a broader shift in market structure or simply a temporary recovery within an ongoing consolidation phase. Related Reading: The $73,000 Test: Crowded Shorts And Negative Funding Fueled Bitcoin’s 15% Recovery According to top analyst Axel Adler, recent exchange flow data reveals a notable development that could signal underlying accumulation. An unusually large Bitcoin outflow was recorded this week, with approximately 31,900 BTC leaving exchanges in a single day. Historically, events of this magnitude have often been associated with large-scale transfers into cold storage, suggesting that some market participants may be moving coins off trading platforms for longer-term holding. Over the past seven days, Bitcoin netflows from exchanges have remained consistently negative. Daily outflows included roughly 2,867 BTC on February 27, 1,205 BTC on February 28, 251 BTC on March 1, 6,129 BTC on March 2, 1,819 BTC on March 3, a sharp 31,900 BTC on March 4, and 3,478 BTC on March 5. In total, approximately 47,700 BTC exited exchanges during the week, one of the largest weekly outflow figures observed over the past year. Stablecoin Flows Reveal Liquidity Deployment Into Bitcoin The report also examines stablecoin activity across exchanges, highlighting an important shift in liquidity dynamics during early March. Data from the All Stablecoins (ERC20) Exchange Netflow metric tracks the daily net movement of stablecoins across trading platforms and provides insight into how capital flows into and out of the crypto market. For most of 2025, stablecoin netflows displayed a largely neutral pattern, characterized by alternating inflows and outflows without a sustained directional trend. Several notable spikes occurred during the year, including inflows of roughly $2.7 billion in July and approximately $2.4 billion in September. However, a more significant regime shift emerged in early March 2026. Related Reading: The $1.35 Floor: How Extreme Negative Funding Is Priming XRP For A High-Velocity Trend Reversal At that time, the chart recorded a large stablecoin inflow of about $1.1 billion entering exchanges. Within just a few days, the trend reversed, with netflow falling to around -$37.5 million. While the current outflow is not extreme relative to historical swings, the rapid transition from inflow to outflow suggests that incoming liquidity was quickly deployed. According to the analysis, this movement likely connects directly to the anomalous Bitcoin outflow observed on March 4. The sequence suggests that stablecoins were first deposited onto exchanges, converted into Bitcoin through spot purchases, and then withdrawn into cold storage. Large-scale accumulators trigger this behavior, buying Bitcoin on exchanges and immediately transferring it to long-term custody. Bitcoin Tests Key Level Around $70K The 4-hour chart shows Bitcoin consolidating near the $70,000 level after a sharp recovery from the late-February lows around $63,000. Following the geopolitical-driven selloff, BTC entered a sideways structure for several weeks before breaking higher in early March and briefly reaching the $74,000 region. This move pushed the price above the short-term moving averages, signaling improving momentum. Currently, Bitcoin is testing the confluence of several technical levels near $70K. The price has pulled back from the recent local high and is now hovering around the descending 200-period moving average, which is acting as immediate resistance. The 50-period and 100-period moving averages are slightly below the current price, forming a short-term support cluster in the $68,000–$69,000 range. Related Reading: Manufacturing The Bitcoin Reserve: Inside The Trump Family’s 11,000-Miner Expansion At American Bitcoin From a structural perspective, the recent breakout shifted the market from a short-term downtrend into a consolidation phase with slightly higher lows. However, the rejection near $74,000 indicates that bullish momentum still faces overhead pressure. If Bitcoin manages to hold above the $69K support zone, the market could attempt another push toward the $73K–$74K resistance area. A decisive break above that region would confirm renewed bullish momentum. Conversely, losing the $68K support cluster could trigger another retest of the $65K–$66K range where strong buying previously emerged. Featured image from ChatGPT, chart from TradingView.com