hodler

6 Mar 2026, 10:40

Bitcoin 'anomalous' outflow sees 32K BTC leave exchanges in a single day

Bitcoin exchange withdrawals spiked to more than $2 billion of BTC on Wednesday, with analysis eyeing a potential major spot buy.

6 Mar 2026, 10:39

Kazakhstan May Sell Gold to Fund $350M Crypto Purchase: Report

A month after the initial reports emerged that Kazakhstan’s central bank plans to invest in cryptocurrencies, governor Timur Suleimanov provided further details today that actually differ slightly from the initial idea. As reported by Reuters, the governor of the central bank said during a briefing on interest rates that the entity is “currently developing a list of instruments in which we will invest. This includes not only cryptocurrency itself.” “These include shares of high-tech ​companies related to cryptocurrencies and digital financial assets, index funds and other instruments that exhibit similar ​dynamics to crypto assets.” The report states that the portfolio of up to $350 million will be formed from other current investments, such as gold and foreign exchange reserves. Deputy Chair Aliya Moldabekova explained that the investments will begin in April-May. However, she disclaimed that they do not plan “any large investment in cryptocurrencies,” before adding: “We are currently selecting companies that deal with digital ​assets. For ​example, those ⁠involved in cryptocurrency infrastructure. We are currently in the process ​of selecting such companies.” Reuters noted that the central bank holds over $69 billion worth of gold and foreign exchange reserves as of February 1, while its national fund held around $65 billion worth of assets. It’s worth noting that Kazakhstan has mulled a similar fund for some time, but a previous report on the matter claimed it would also use “crypto seized by law enforcement agencies” to create a digital asset stockpile. The post Kazakhstan May Sell Gold to Fund $350M Crypto Purchase: Report appeared first on CryptoPotato .

6 Mar 2026, 10:36

Analyst Claims Bitcoin Will Crash to $45K in 12 Days, Calls $73K Move a Bull Trap

Bitcoin is currently mirroring a similar bull trap situation from 2022, and it could tank the digital asset to $45k in under two weeks, one analyst argues.

6 Mar 2026, 10:32

Solana Price Prediction: Breakout Eyes $103 and $115

Solana’s chart structure is now approaching two key technical zones that could shape its next move. Recent onchain data and technical patterns show where strong resistance and potential reactions may appear. Solana Faces Key Resistance as $115.04 Level Emerges Above $85.55 Solana’s price structure shows a clear resistance zone forming above the $85.55 level, according to data shared by analyst Ali Martinez on X and onchain metrics from Glassnode. The chart highlights $115.04 as the next major resistance level for SOL if the price maintains support above the lower band. This level represents a concentration of supply where many holders previously accumulated tokens. Solana URPD Chart. Source: Glassnode / X Meanwhile, the Glassnode distribution data shows that the largest cluster of Solana holders sits near $82.60. That area acts as a strong support region because many investors purchased SOL around that price. As long as the asset trades above this zone, the probability of continued upward pressure increases because holders in profit typically show less selling urgency. However, the next major barrier appears significantly higher. The chart indicates a dense supply wall around $115.04, where a large number of tokens were previously bought. If Solana approaches that level, early holders who entered near that price could sell to recover positions, which may slow the upward move. Therefore, the price range between $85.55 and $115.04 now forms the key structure for Solana’s short term trajectory. If buyers maintain momentum above the lower boundary, the market could test the higher resistance zone where supply concentration increases. Solana Ascending Triangle Breakout Points to 200 Week Moving Average Test Solana formed an ascending triangle pattern on the four hour chart, according to analysis shared by market analyst CryptoBullet on X. The structure shows rising lows pressing against a flat resistance line, which typically signals building buying pressure as traders accumulate positions near the upper boundary. Solana Ascending Triangle Breakout Chart. Source: CryptoBullet on X The chart highlights a breakout above the triangle resistance. After the move, the next technical area appears near the 200 week moving average. That level sits around the $98 to $103 region and represents a long term technical reference often monitored by traders and institutional market participants. Meanwhile, the analysis also outlines a possible reaction zone near that moving average. If Solana reaches the 200 week moving average, sellers could appear near that region because historical technical levels often attract profit taking. As a result, the level could act as a temporary resistance area before the market decides its next direction. However, the broader chart structure shows that the triangle breakout remains the key short term signal. The pattern developed after several higher lows formed, while horizontal resistance capped previous attempts to move higher. Once that ceiling broke, the chart projected the next technical area around the long term moving average.

6 Mar 2026, 10:29

Bitcoin drops toward $70,000 ahead of U.S. jobs data; oil price rises on Iran war

Investors are turning more defensive as geopolitical tensions rise and key U.S. labor market data approaches.

6 Mar 2026, 10:29

How alternative blockchain projects fail to deliver despite $1.2B in funding

Crypto has seen mega raises from new chains, with up to $1.2B tied up in high-profile projects. Fundraising remained active in the past year, but multiple projects failed to deliver. Some of the high-profile chains launched in recent years have tapped up to $1.2B in financing. At the same time, most new networks underperformed, according to CryptoRank data . Among the top 10 recent raises, all 10 are down over 96% from their peaks. Kadena was left to community efforts and essentially became a dead chain with no transactions and no liquidity. Moonbeam only carries around 200 daily users, while Scroll generates under $500 in daily fees, despite a $80M raise. Another high-profile project, Berachain , habitually has under $100 in daily fees. Most projects lost on all metrics, including their communities, liquidity, and deployed apps. It is not unusual for new crypto projects to fail , but the loss is more extreme for those chains that attracted significant VC resources. While funding is an indicator of confidence and sentiment, even high-level raises are not enough to create lively projects. Over-funded chains lost their activity It is not unusual for over-hyped chains to lose their activity levels. Polkadot , a network from an earlier bull market, currently carries only a handful of daily transactions , with just 6,249 accounts. Other networks, like BOBA, BLAST, CELO, MANTA, and others, were only hot during airdrop or incentive seasons. The immediate drop in activity showed the growth was not organic, and there was not much real demand for chains beyond Ethereum, Solana, and BNB Chain. Another problem with new networks was the need to use market makers to make their tokens liquid. In the case of MANTA, it was market makers that crashed the project and wiped out its reputation. In the past, even dead chains could promise future development. However, in 2026, the clear winners have emerged, leaving other networks to be forgotten or shut down. Which chains have the lowest developer activity? One proxy indicator for a chain’s success may be developer activity and smart contract launches. Developers are rare in general, and teams tend to deploy only on the most liquid networks. While some chains offer incentives, the initial spike in development is often followed by a freeze, with no new app launches. Non-EVM chains outside Solana are especially affected. The difficulties of mastering other languages and a new tech stack prevent teams from trying new chains, unless specifically incentivized. As a result, high-profile projects like Moonbeam only attracted 217 developers, while over 10K are deploying on Solana. Most developers focused on EVM chains and L2 chains, and were active on legacy networks from previous cycles. Some of the top fundraisers like Kadena did not even build a serious developer community. In the coming years, more dead chains may fall to the side, as Web3 apps are taking liquidity into account. Alternative L1s are often redundant, and VC backers are becoming even more selective. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.