hodler

27 Mar 2026, 05:50

Ripple's Schwartz Denies Pre-Allocated XRP Contracts Are Real

Ripple CTO Emeritus David Schwartz has debunked a social media rumor claiming the company secretly pre-allocated the vast majority of its XRP escrow to hidden institutional players.

27 Mar 2026, 05:50

Asia FX Stalls Amid Critical Iran Diplomacy Talks; Indian Rupee Plummets to Record Low

BitcoinWorld Asia FX Stalls Amid Critical Iran Diplomacy Talks; Indian Rupee Plummets to Record Low Major Asian foreign exchange markets exhibited limited movement on Wednesday, March 19, 2025, as currency traders globally adopted a cautious stance, meticulously weighing diplomatic developments concerning Iran. Meanwhile, the Indian rupee breached a significant psychological barrier, tumbling to a fresh all-time low against a resilient US dollar, highlighting divergent pressures within the regional financial landscape. Asia FX Markets Adopt a Wait-and-See Posture Currency pairs across the Asia-Pacific region traded within narrow bands. For instance, the Japanese yen held steady near 152.50 against the dollar, while the Chinese yuan’s onshore rate remained tightly managed by the People’s Bank of China. Similarly, the Korean won and Singapore dollar saw minimal fluctuation. This collective muted activity directly reflects market participants’ primary focus. Traders are currently parsing signals from high-level diplomatic channels. Consequently, they are avoiding large directional bets until the geopolitical picture becomes clearer. Market analysts point to a specific catalyst for this caution. Recent diplomatic engagements between major global powers and Iran have introduced a new variable. “The market is in a classic ‘risk-on, risk-off’ holding pattern,” noted a senior strategist at a Singapore-based bank. “Any headline regarding sanctions, oil exports, or regional stability can trigger immediate volatility. Therefore, liquidity is thinning as institutional players reduce exposure.” This behavior underscores a fundamental market principle: uncertainty typically suppresses activity in the forex arena. The Geopolitical Calculus Influencing Currency Flows The diplomatic talks center on Iran’s nuclear program and its implications for global energy supplies. A potential easing of tensions or sanctions could increase Iranian oil exports. Subsequently, this would apply downward pressure on global crude prices. For Asia, a net energy-importing region, lower oil prices generally support trade balances and local currencies. Conversely, a breakdown in talks might reignite regional tensions, spurring safe-haven demand for the US dollar and Swiss franc. This binary outcome keeps traders on edge, explaining the subdued price action across most Asian FX pairs. Indian Rupee Breaches Historic Threshold Amid Dollar Strength In stark contrast to the regional calm, the Indian rupee experienced pronounced selling pressure. The USD/INR pair surged past the 84.00 level in spot trading, setting a new historic record. This decline continues a multi-session trend, driven by a confluence of domestic and international factors. Broad Dollar Strength: The US Dollar Index (DXY) has rallied over 2% this month, buoyed by robust economic data and a recalibration of Federal Reserve interest rate expectations. Persistent Trade Deficit: India’s merchandise trade gap remains wide, creating constant demand for dollars from importers. Foreign Portfolio Outflows: Recent data shows foreign investors have been net sellers in Indian equity markets, converting rupee proceeds back to dollars. Elevated Crude Oil Prices: Despite the diplomatic context, Brent crude remains above $85 per barrel, a significant cost for India, which imports over 80% of its oil needs. The Reserve Bank of India (RBI) is widely believed to have intervened in the spot and forward markets to curb excessive volatility. However, analysts suggest its actions are aimed at smoothing the decline rather than defending a specific level. “The RBI’s reserves are substantial, but it prefers to use them judiciously,” explained a Mumbai-based forex dealer. “The focus is on ensuring orderly market functioning, not reversing a trend driven by fundamental macro factors.” Comparative Analysis of Asian Currency Performance The following table illustrates the divergent performance of key Asian currencies against the US dollar over the recent week, highlighting the rupee’s outlier status: Currency (vs. USD) Weekly Change Key Driver Indian Rupee (INR) -1.2% Broad dollar strength, oil prices, capital outflows Japanese Yen (JPY) -0.3% Yield differential with US, BoJ policy stance Chinese Yuan (CNY) +0.1% PBOC midpoint management, state bank support Singapore Dollar (SGD) +0.0% MAS policy band, regional risk sentiment Broader Market Impact and Forward-Looking Scenarios The rupee’s weakness has tangible ripple effects. Companies with foreign currency debt face higher servicing costs. Furthermore, imported inflation becomes a renewed concern for policymakers. Conversely, India’s sizable IT services and pharmaceutical export sectors gain competitiveness. The broader Asia FX complex, however, remains tethered to the evolving Iran situation. A positive diplomatic resolution could see capital flow back into emerging Asian assets, potentially easing pressure on currencies like the rupee. Alternatively, escalating tensions would likely amplify dollar demand, testing central banks across the region. Market participants will closely monitor two upcoming data points: U.S. core PCE inflation figures and minutes from the RBI’s latest monetary policy meeting. These releases will provide further clues on the interest rate trajectory in both economies, a primary driver of currency valuations. For now, the dominant narrative intertwines geopolitics with macroeconomics, creating a complex trading environment for Asia FX. Conclusion The Asia FX landscape presents a tale of two themes: generalized caution and specific stress. While most regional currencies remain muted as traders globally assess the high-stakes diplomacy surrounding Iran, the Indian rupee stands out by plunging to a record low. This movement underscores the enduring influence of both geopolitical risk and fundamental economic drivers like oil prices and capital flows on foreign exchange markets. The path forward for Asia FX will be determined by the dual resolution of diplomatic tensions and the ongoing adjustment to a strong US dollar environment. FAQs Q1: Why are Asian currencies muted today? Asian currencies are trading in tight ranges primarily because traders are exercising caution due to ongoing high-level diplomatic talks concerning Iran. The outcome could significantly impact global oil prices and regional stability, leading markets to adopt a wait-and-see approach. Q2: What caused the Indian rupee to hit a record low? The rupee’s decline to a historic low is driven by a combination of broad US dollar strength, persistent foreign investor outflows from Indian equities, a wide trade deficit, and the economic burden of elevated global crude oil prices on the import-dependent economy. Q3: How does Iran diplomacy affect Asian forex markets? Diplomacy with Iran directly affects oil markets. Successful talks that ease sanctions could lower oil prices, benefiting Asian economies that are net importers and supporting their currencies. Failed talks could increase geopolitical risk, boosting demand for safe-haven assets like the US dollar, which pressures Asian FX. Q4: Is the Reserve Bank of India (RBI) intervening to support the rupee? Yes, the RBI is widely believed to be intervening in the currency markets to curb excessive volatility and ensure orderly movements. However, analysts suggest its goal is to smooth the rupee’s depreciation rather than aggressively defend a specific exchange rate level against strong market forces. Q5: Which Asian currencies are most sensitive to changes in Iran diplomacy or oil prices? Currencies of major oil-importing nations like the Indian rupee (INR), Japanese yen (JPY), and Korean won (KRW) are typically more sensitive. Net oil-exporting economies like Malaysia (MYR) may see different impacts. The Chinese yuan (CNY) is also sensitive due to China’s significant energy imports. This post Asia FX Stalls Amid Critical Iran Diplomacy Talks; Indian Rupee Plummets to Record Low first appeared on BitcoinWorld .

27 Mar 2026, 05:45

US Treasury Yields Surge: How Soaring 4.42% Rate Crushes Risk Asset Appeal

BitcoinWorld US Treasury Yields Surge: How Soaring 4.42% Rate Crushes Risk Asset Appeal NEW YORK, April 2025 – The US 10-year Treasury yield has surged 46 basis points since late March, reaching 4.42% and significantly diminishing the attractiveness of risk assets including cryptocurrencies. This substantial increase represents the most rapid climb in Treasury yields since October 2023, creating ripple effects across global financial markets. Market analysts now closely monitor the 4.5% threshold, a level that could trigger further tightening of financial conditions and alter cryptocurrency market dynamics fundamentally. US Treasury Yields and Their Impact on Risk Assets The relationship between Treasury yields and risk assets follows established financial principles. When safe-haven government bond yields rise substantially, investors typically reallocate capital from volatile assets to these more secure instruments. The current 46-basis-point surge since March’s end marks a significant shift in investor sentiment. This movement reflects changing expectations about Federal Reserve policy, inflation trajectories, and global economic stability. Historically, Treasury yields serve as a critical benchmark for global borrowing costs. The 10-year Treasury note particularly influences mortgage rates, corporate bond yields, and investment decisions worldwide. As yields climb, the opportunity cost of holding non-yielding or volatile assets increases dramatically. Consequently, investors demand higher potential returns from riskier investments to justify their capital allocation decisions. The Mechanics of Yield-Driven Capital Rotation Financial institutions manage trillions in assets that constantly seek optimal risk-adjusted returns. When Treasury yields approach certain psychological thresholds – like the current 4.5% level – automated trading systems and portfolio managers initiate systematic rebalancing. This process involves reducing exposure to equities, emerging market debt, and digital assets while increasing allocations to government securities. The following table illustrates how different asset classes typically respond to rising Treasury yields: Asset Class Typical Response to Rising Yields Current Market Behavior US Treasuries Prices fall, yields rise Active selling pressure Growth Stocks Significant underperformance Heightened volatility Cryptocurrencies Reduced appeal as “digital gold” Mixed, with Bitcoin showing resilience Gold Traditional safe-haven appeal decreases Moderate selling pressure Geopolitical Tensions and Inflation Concerns Multiple factors converge to drive the current yield surge. Geopolitical instability in the Middle East, particularly surrounding Iran, has created uncertainty in energy markets. Rising oil prices directly feed into inflation expectations, forcing bond investors to demand higher yields as compensation for anticipated purchasing power erosion. The interconnected nature of global markets means regional conflicts now trigger immediate financial repercussions worldwide. Additionally, recent economic data suggests persistent inflationary pressures despite aggressive monetary tightening over the past three years. Core inflation measures remain above central bank targets in major economies, complicating policy decisions and extending the period of elevated interest rates. Market participants increasingly price in a “higher for longer” interest rate scenario, fundamentally altering risk assessment frameworks. Energy Markets and Financial Contagion Oil price volatility directly impacts Treasury markets through several channels. First, energy costs represent a significant component of consumer price indices. Second, petroleum exporting nations often recycle dollar revenues into US government debt. Third, transportation and production costs across all economic sectors increase with fuel prices, creating broad inflationary pressure. The current geopolitical landscape suggests these factors may persist through 2025’s second quarter. Bitcoin’s Surprising Resilience Despite the challenging macro environment, Bitcoin demonstrates notable resilience compared to traditional risk assets. The cryptocurrency’s correlation with technology stocks has decreased significantly since early 2024. This decoupling suggests evolving market perceptions about Bitcoin’s fundamental characteristics. Analysts observe several factors contributing to this relative strength. First, substantial Bitcoin accumulation by long-term holders continues despite price volatility. Blockchain data reveals increasing movement of coins from exchange wallets to cold storage solutions. This behavior indicates conviction among certain investor cohorts about Bitcoin’s long-term value proposition. Second, institutional adoption progresses steadily, with regulated investment vehicles attracting consistent inflows even during market stress periods. Key indicators of Bitcoin’s changing market role include: Decreasing exchange reserves suggesting accumulation phase Growing institutional custody solutions holding record amounts Reduced leverage in derivatives markets compared to 2022-2023 Increasing hash rate despite price pressure, indicating network strength The 4.5% Threshold and Market Implications Financial analysts identify 4.5% as a critical psychological and technical level for the 10-year Treasury yield. Crossing this threshold would likely trigger several market responses. Corporate borrowing costs would increase substantially, potentially slowing business investment and expansion plans. Mortgage rates would approach levels not seen since 2007, affecting housing market dynamics. Most importantly for cryptocurrency markets, the risk-free rate would approach levels that challenge the fundamental valuation models for all speculative assets. At 4.5% yields, traditional discounted cash flow models would assign lower present values to future earnings from growth companies and innovative technologies. This mathematical reality pressures all assets valued primarily on future potential rather than current cash flows. Cryptocurrencies, particularly those without substantial utility or revenue generation, face heightened scrutiny under these conditions. Macroeconomic Variables Versus Crypto Fundamentals As Treasury yields approach critical levels, cryptocurrency markets increasingly respond to macroeconomic developments rather than industry-specific news. This represents a maturation phase where digital assets integrate more fully into global financial systems. The days of complete decoupling from traditional markets appear increasingly rare as institutional participation grows. Several macroeconomic factors now dominate cryptocurrency price action. Federal Reserve communication about interest rate policy creates immediate volatility. Employment data releases influence expectations about consumer spending and economic strength. Manufacturing indices provide clues about business cycle positioning. Even currency market movements, particularly dollar strength, now correlate more strongly with cryptocurrency valuations. The Changing Correlation Landscape Historical analysis reveals evolving relationships between asset classes. During 2020-2021, cryptocurrencies often moved independently from traditional markets, fueled by retail enthusiasm and narrative-driven investing. The 2022-2023 period showed increasing correlation with technology stocks as institutional frameworks developed. Current market behavior suggests a new phase where cryptocurrencies respond primarily to interest rate expectations and liquidity conditions while maintaining some unique characteristics. This evolving correlation structure presents both challenges and opportunities for portfolio managers. Traditional diversification benefits diminish when all risk assets move in tandem during stress periods. However, Bitcoin’s demonstrated resilience during specific market conditions suggests it may offer different risk-return characteristics than conventional assets over full market cycles. Historical Context and Future Projections The current yield environment recalls previous periods of monetary policy transition. The 2013 “Taper Tantrum” saw rapid yield increases that pressured emerging markets and growth assets. The 2018 quantitative tightening cycle created similar challenges for risk assets. However, the current situation differs in important respects, including higher absolute yield levels, substantial government debt loads, and the relatively new presence of cryptocurrency markets. Looking forward, several scenarios could unfold. If geopolitical tensions ease and inflation moderates, yields might stabilize below 4.5%, creating a more favorable environment for risk assets. Alternatively, persistent inflation could force continued monetary tightening, pushing yields higher and prolonging pressure on cryptocurrencies and other speculative investments. A third possibility involves financial stress triggering a “flight to quality” that paradoxically supports both Treasuries and Bitcoin as alternative safe havens. Conclusion The surge in US Treasury yields to 4.42% represents a significant challenge for risk assets including cryptocurrencies. This movement reflects complex interactions between geopolitical tensions, inflation concerns, and monetary policy expectations. While Bitcoin shows surprising resilience compared to traditional risk assets, its future trajectory increasingly depends on macroeconomic variables rather than industry-specific developments. The 4.5% yield threshold looms as a critical level that could trigger further financial tightening and alter cryptocurrency market dynamics fundamentally. Investors must now navigate an environment where traditional financial indicators exert growing influence over digital asset valuations. FAQs Q1: Why do rising Treasury yields reduce cryptocurrency appeal? Higher Treasury yields increase the “risk-free” return available to investors, making volatile assets like cryptocurrencies less attractive by comparison. Investors demand higher potential returns from risky assets when safe government bonds offer substantial yields. Q2: What makes the 4.5% yield level particularly significant? The 4.5% threshold represents both a psychological barrier and a technical level where historical data shows increased market stress. Crossing this level typically triggers automated selling in risk assets and increases borrowing costs throughout the economy. Q3: How is Bitcoin showing resilience despite yield pressures? Bitcoin demonstrates relative strength through decreasing exchange reserves (suggesting accumulation), growing institutional custody, and reduced correlation with technology stocks compared to previous periods. Q4: What geopolitical factors are driving yield increases? Tensions surrounding Iran and broader Middle East instability have increased oil prices, which feed into inflation expectations and force bond investors to demand higher yields as compensation. Q5: How might cryptocurrency markets evolve if yields remain elevated? Sustained high yields would likely increase cryptocurrency correlation with traditional risk assets while potentially accelerating development of yield-generating mechanisms within blockchain ecosystems to compete with conventional investments. This post US Treasury Yields Surge: How Soaring 4.42% Rate Crushes Risk Asset Appeal first appeared on BitcoinWorld .

27 Mar 2026, 05:40

Megapot’s Revolutionary $5M Funding Fuels Blockchain Lottery Expansion with Superior Odds

BitcoinWorld Megapot’s Revolutionary $5M Funding Fuels Blockchain Lottery Expansion with Superior Odds In a significant development for the cryptocurrency gambling sector, blockchain lottery platform Megapot has successfully secured $5 million in a strategic funding round. This substantial investment, led by prominent venture firm Dragonfly Capital, signals growing institutional confidence in decentralized gambling solutions. The funding round, which concluded this week, also attracted participation from Coinbase Ventures and Bankless Ventures, two influential names in the digital asset space. Consequently, this capital infusion will accelerate Megapot’s international expansion and technological enhancements. The platform operates exclusively on Base, an Ethereum Layer 2 network, promising users larger jackpots and statistically better winning chances than traditional, centralized lottery systems. Megapot’s $5M Funding Round and Strategic Backers Dragonfly Capital’s leadership in this funding round represents a major validation for blockchain-based gambling infrastructure. As a venture firm with deep expertise in cryptocurrency investments, Dragonfly’s participation provides more than just capital. Indeed, the firm brings strategic guidance and network access that can prove invaluable for a scaling platform. Meanwhile, Coinbase Ventures’ involvement creates a direct connection to one of the world’s largest cryptocurrency exchanges. This relationship could potentially facilitate smoother fiat-to-crypto onboarding for new users in the future. Furthermore, Bankless Ventures’ participation aligns with the platform’s decentralized ethos, emphasizing community-driven growth and transparency. The $5 million capital will be allocated across several critical business functions. Primarily, Megapot plans to expand its service availability into numerous new international markets. Additionally, a significant portion will fund system upgrades to enhance security, scalability, and user experience. The platform’s commitment to operating on an Ethereum Layer 2 solution, specifically Base, is a core technical differentiator. This architecture allows for faster transaction processing and significantly lower gas fees compared to the Ethereum mainnet. Therefore, users can participate in lottery draws more efficiently without prohibitive network costs eroding their potential winnings. How Blockchain Technology Transforms Traditional Lottery Models Traditional lottery systems have long faced criticism over opacity and high operational costs. Typically, national or state lotteries allocate a substantial percentage of ticket revenue to administrative expenses and retailer commissions. Conversely, blockchain lotteries like Megapot leverage smart contract automation to drastically reduce these overheads. The platform’s smart contracts autonomously manage ticket sales, prize pooling, and winner selection. This automation translates directly into a higher percentage of revenue flowing into the prize pool. As a result, Megapot can advertise larger jackpots and better overall odds for participants. Transparency forms the cornerstone of Megapot’s value proposition. Every transaction, ticket purchase, and draw result is immutably recorded on the Base blockchain. Participants can independently verify the fairness of each draw and the distribution of funds. This level of auditability is fundamentally impossible with conventional lottery systems reliant on trusted third parties. The use of provably fair algorithms ensures that the winning numbers are generated in a verifiably random manner. Consequently, users gain unprecedented trust in the system’s integrity, addressing a perennial concern in the gambling industry. The Regulatory and Market Landscape for Crypto Gambling The regulatory environment for cryptocurrency gambling remains complex and varies significantly by jurisdiction. Megapot’s expansion strategy must navigate this fragmented landscape carefully. The platform currently operates in regions with clearer regulatory frameworks for digital assets and online gambling. However, the new funding will enable dedicated legal and compliance teams to pursue licenses in more stringent markets. Experts note that regulatory clarity is gradually improving as governments recognize the tax revenue potential and consumer demand for regulated crypto gambling. Market analysts observe a clear trend toward the tokenization of traditional gambling sectors. The global online lottery market, valued in the tens of billions, represents a prime target for blockchain disruption. Platforms like Megapot are at the forefront of this convergence between decentralized finance (DeFi) principles and gaming. By building on an Ethereum Layer 2, they also benefit from the security and developer ecosystem of the world’s largest smart contract platform. This technical foundation is crucial for handling the high transaction throughput required during popular lottery draws. Base Network: The Technical Foundation for Scalable Lotteries Megapot’s choice of Base as its foundational network is a strategic technical decision. Developed by Coinbase, Base is an optimistic rollup that batches transactions off-chain before settling them on Ethereum. This architecture provides several key advantages for a lottery platform. Firstly, transaction fees are often a fraction of a cent, making micro-transactions for lottery tickets economically viable. Secondly, transaction finality is rapid, allowing for near-instant confirmation of ticket purchases. Finally, Base inherits Ethereum’s robust security model, ensuring the platform and user funds are protected by one of the most decentralized networks in existence. The integration with the broader Ethereum ecosystem also offers significant composability benefits. For example, users can potentially leverage existing Ethereum wallets and decentralized identity solutions. Furthermore, future integrations with other DeFi protocols could allow for novel features, such as using lottery tickets as collateral or staking assets to earn platform rewards. This interoperability is a hallmark of the Web3 approach and differentiates blockchain lotteries from their walled-garden, Web2 counterparts. The technical roadmap, funded by this investment, likely includes exploring these advanced functionalities. Comparative Analysis: Blockchain vs. Traditional Lottery Economics The economic model of a blockchain lottery diverges sharply from traditional systems. The following table illustrates key differences: Traditional Lottery High operational overhead (30-50% of revenue) Opaque prize pool management Geographically restricted sales Slow prize claim processes (days/weeks) Limited game variety per operator Blockchain Lottery (Megapot) Low overhead via automation (5-15% of revenue) Fully transparent, on-chain prize pools Global accessibility (where permitted) Instant, automated prize distribution Programmable, diverse game formats via smart contracts This structural efficiency is the primary driver behind Megapot’s promise of larger prizes and higher odds. By redirecting funds from administrative costs to the prize pool, the platform creates a more compelling value proposition for users. Moreover, the global reach of the internet, combined with cryptocurrency’s borderless nature, allows Megapot to aggregate players worldwide. A larger player base supports bigger jackpots, creating a virtuous cycle of growth. Conclusion Megapot’s successful $5 million funding round marks a pivotal moment for the blockchain gambling industry. The backing from elite venture firms like Dragonfly Capital, Coinbase Ventures, and Bankless Ventures provides not only capital but also crucial credibility. The platform’s foundation on the Ethereum Layer 2 network Base ensures scalability, low costs, and robust security for its users. By leveraging smart contract automation and provably fair algorithms, Megapot delivers a transparent, efficient alternative to traditional lottery systems. This funding will directly fuel geographic expansion and technological advancement, bringing its model of larger prizes and superior odds to a global audience. The evolution of platforms like Megapot demonstrates the powerful convergence of decentralized finance and digital entertainment, reshaping a multi-billion dollar industry. FAQs Q1: What is Megapot and how does its lottery work? Megapot is a decentralized lottery platform built on the Base blockchain. Users purchase tickets using cryptocurrency, and smart contracts automatically pool funds, conduct verifiably random draws, and distribute prizes to winners’ wallets without intermediary involvement. Q2: Why did Dragonfly Capital lead this investment in Megapot? Dragonfly Capital, a specialist crypto venture firm, likely invested due to Megapot’s strong product-market fit, its efficient use of Ethereum Layer 2 technology, and the significant growth potential in disrupting the traditional, multi-billion dollar global lottery industry with transparent blockchain solutions. Q3: How does using the Base network benefit Megapot users? The Base network offers extremely low transaction fees and fast processing times compared to the Ethereum mainnet. This allows users to buy lottery tickets without high gas costs eroding their stake and enables instant prize payouts directly to their wallets. Q4: Is Megapot legal and available in my country? Megapot’s availability depends on local regulations governing both cryptocurrency usage and online gambling. The platform operates in jurisdictions where it is compliant, and the new funding will be used to expand its legal reach into new markets. Users must check their local laws before participating. Q5: How does Megapot ensure the lottery draws are truly fair? Megapot uses provably fair algorithms, where the randomness for each draw is generated on-chain in a verifiable manner. Every step of the process is recorded on the public Base blockchain, allowing any user to audit the draw’s integrity and confirm the correct winner was selected. This post Megapot’s Revolutionary $5M Funding Fuels Blockchain Lottery Expansion with Superior Odds first appeared on BitcoinWorld .

27 Mar 2026, 05:38

Bitcoin under stress: are markets pricing in bigger risks now?

The cryptocurrency market turned bearish as Bitcoin once again failed to take out a key daily resistance level. The leading cryptocurrency by market cap is trading below $68,600 on Friday, down by more than 3% over the last 24 hours. The bearish market sentiment strengthens amid uncertainty over the US-Iran ceasefire plan, which seems to be sidelining institutional demand as well. Institutional inflow remains poor The crypto market is feeling the effects of the ongoing war in the Middle East. The ongoing talks about a potential ceasefire deal between the US and Iran remain highly uncertain. President Trump stated on Thursday that Iran is negotiating to end the war. However, Iranian Foreign Minister Abbas Araghchi said on state TV that his government had not engaged in talks to end the war, citing that “we do not plan on any negotiations.” Traders remain cautious in the market as the latest news suggests a slight negative outcome. This has erased the gains recorded earlier this week, with further selloff expected if the market conditions don’t improve. The uncertainty means that institutional flows into spot Bitcoin ETFs remain muted. The ETFs began the week with positive flows of $167.23 million on Monday, followed by an outflow of $74.53 million on Tuesday, and then a mild inflow of $7.81 million on Wednesday. Thursday now saw an outflow of 2,400 Bitcoins from the ETFs , indicating that the institutions remain cautious at the moment. However, Sergei Gorev, Head of Risk at YouHodler, told Invezz in an email that the current market phase is a consolidation and he expects Bitcoin’s price to rally higher in the near term. Gorev added that, In our opinion, despite concerns about high interest rates, liquidity inflows into spot ETFs for cryptocurrencies have so far kept bitcoin from collapsing. We also believe that the money of private investors seeking to escape the “Arabian tale in the desert” supports the price of BTC. "We believe that the current price consolidation is a phase of cryptocurrency accumulation by investors from the Middle East. There are big purchases due to the Iran-Israel conflict. This may continue in the medium term and keep the prices of cryptocurrencies from falling, along with the European debt market diving down," Gorev said. Bitcoin price forecast The BTC/USD 4-hour chart remains bearish and efficient as Bitcoin failed to overcome the daily resistance level at $72,081. BTC rallied to the $72,000 region on Wednesday, but a rejection candle on the 4-hour chart resulted in the leading cryptocurrency giving away its recent gains. The near-term bias stays mildly bearish as price holds within the previous demand zone. Currently, Bitcoin’s price is capped well below the 50-day and 100-day Exponential Moving Averages clustered around $72,100 and $77,800, respectively. The Relative Strength Index (RSI) on the 4-hour chart at 48 leans slightly bearish after recovering from lower readings. The Moving Average Convergence Divergence (MACD) hovers close to the signal line, suggesting momentum is still fragile and lacks sustained upside conviction. If the bulls regain control, they will need to overcome the first major resistance level at $72,100 before they can retest the 100-day EMA near $77,800. A daily close above the 100-day EMA would be needed to neutralize the current downside bias. However, if the selloff continues, Bitcoin could dip lower towards the $65,900 support level. A break below this area would trigger deeper losses toward $60,000, a key psychological level. The post Bitcoin under stress: are markets pricing in bigger risks now? appeared first on Invezz

27 Mar 2026, 05:34

WLFI Comprehensive Technical Analysis: Detailed Review of March 27, 2026

WLFI is consolidating at $0.10 in a downtrend, Supertrend is bearish and price is below EMA20. Although MACD's bullish signal gives short-term hope, BTC decline and critical resistance at $0.1003 r...