Ether hovers around $2k as Middle East crisis drags on

The cryptocurrency market is having a positive start to the week as Bitcoin surges past $68,000, while Ether trades around $2,000. However, the ongoing crisis in the Middle East continues to affect prices. Ether hit the $2,200 mark on Wednesday but is down by roughly 10% since then. The rising crude oil price is affecting cryptocurrencies and equities, as rising energy costs could push up inflation and reduce the chances of a rate hike in the near term. ETH stays below $2k as oil price spikes above $110 Ether is up by 1% in the last 24 hours and now trades around $2,000 per coin. However, the market continues to remain volatile due to the ongoing crisis in the Middle East. The 10% pullback from last week’s rally aligns with CryptoQuant's previous analysis that last week's price action was more of a "relief rally" than a start of a new bull cycle. While commenting on the current market conditions, Dominick John, analyst at Zeus Research, stated that: "Elevated geopolitical risk, particularly the lack of de-escalation in the Middle East, pushed markets into a more risk-off posture, while rising oil prices are adding to inflation concerns and tightening global financial conditions." Oil rallied by 25% during the Asian trading session, hitting the $115 mark. https://twitter.com/WatcherGuru/status/2030830393478304004 Jeff Mei, COO at BTSE, pointed out that the rising price of oil is a major factor in driving up inflation and could drag down global economic growth, given that it is used as an input for so many products across different industries. However, the analyst added that crypto prices are more resilient than in past bear markets, and this could be because of the larger makeup of institutional holders this time around. Ethereum’s selling pressure remains The ETH/USD 4-hour chart remains bearish as Ether is up by 1% today. At press time, Ether is trading at $1,998 per coin. The short-term bias remains mildly bearish as price holds well below the 50 and 100-day EMAs. The RSI on the 4-hour chart at 51 is approaching the neutral 50 line, indicating subdued bullish momentum after the late-February rebound faded. The MACD lines are also diverging into the negative zone, hinting at easing upside pressure within an overall corrective structure. Currently, Ether is facing immediate resistance around $2,027–$2,050, with the major resistance at $2,148. A daily candle close above this resistance level could allow the bulls to push higher, targeting the $2,380 region. However, if the recovery fails and the bears grow stronger, ETH could retest the $1,856 support level. An extended bearish trend would see the leading altcoin fall to $1,750 in the medium term. A breakdown through that zone would signal trend deterioration, allowing the bears to take another leg down towards the $1,500 psychological level. The post Ether hovers around $2k as Middle East crisis drags on appeared first on Invezz

Around 36.8 Billion XRP Now Are Now Underwater. Here’s What This Means

Volatility remains a defining feature of cryptocurrency markets, and even established digital assets frequently experience periods when large numbers of investors hold positions at a loss. During these periods, on-chain analytics often reveal deeper insights into market sentiment, investor behavior, and the broader health of a blockchain ecosystem. Recent data suggests that XRP has entered such a phase. A considerable share of its circulating supply now sits below the price levels at which many investors originally acquired their holdings. This situation has raised fresh questions about market resilience and the potential implications for XRP’s next price cycle. Cointelegraph Highlights Glassnode’s On-Chain Findings About 36.8 billion XRP tokens are underwater, according to blockchain data from Glassnode, shared by Cointelegraph. In market terminology, “underwater” describes assets trading below the price at which holders purchased them. UPDATE: Around 36.8B XRP are now underwater with unrealized losses hitting $50.8B, per @glassnode . pic.twitter.com/1vqsPjwzHd — Cointelegraph (@Cointelegraph) March 9, 2026 Glassnode’s analysis estimates that these holdings represent roughly $50.8 billion in unrealized losses . Although investors only realize these losses when they sell their assets, the figure highlights the scale of capital currently tied up in positions that remain below their acquisition cost. Analysts often track this metric to understand how market participants might behave if prices approach their break-even levels. Why Underwater Supply Matters Underwater supply can significantly influence price dynamics. When prices recover and approach the average purchase level of these investors, some holders may sell to exit their positions without losses. This behavior frequently creates resistance zones during recovery rallies. At the same time, widespread unrealized losses can signal the later stages of a correction cycle. Historically, markets sometimes reach key turning points when weaker investors exit, and long-term participants begin accumulating discounted assets. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 For XRP, the presence of billions of tokens held at a loss reflects both lingering market pressure and the possibility of a structural reset in investor positioning. Despite market fluctuations, the broader XRP ecosystem continues to evolve . Ripple remains focused on expanding blockchain-based financial infrastructure designed to improve cross-border payments and liquidity management. A Test of Investor Conviction The revelation that 36.8 billion XRP currently sit underwater underscores the emotional and financial pressure many holders now face. Markets often test investor conviction during such phases, particularly when unrealized losses accumulate across large portions of the supply. However, cryptocurrency history shows that these conditions can also precede renewed accumulation and eventual recovery cycles. Whether XRP moves toward stabilization or faces further volatility will depend on broader market sentiment, liquidity flows, and continued ecosystem development. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Around 36.8 Billion XRP Now Are Now Underwater. Here’s What This Means appeared first on Times Tabloid .

Tokenized Real-World Assets Fuel New Yield Strategies in Decentralized Finance

Tokenized RWAs drive new yield strategies in decentralized finance, offering higher returns than before. Implementation faces bottlenecks due to mismatched transaction and settlement speeds between systems. Continue Reading: Tokenized Real-World Assets Fuel New Yield Strategies in Decentralized Finance The post Tokenized Real-World Assets Fuel New Yield Strategies in Decentralized Finance appeared first on COINTURK NEWS .

XRP Suffers $30.3 Million Blow From ETFs; Is Shiba Inu (SHIB) Now Available in Europe by Coinbase? Dogecoin (DOGE) Hints at 37% Breakout Chance - Morning Crypto...

Institutional investors exit XRP as outflows hit $30.3 million, while Coinbase expands futures in Europe. Explore SHIB's status, DOGE's 37% breakout setup and the upcoming CPI report.

38% of altcoins near all-time lows – Assessing 48% market cap wipeout

Risk-off sentiment dominates, with traders closing positions and reducing leverage.

Bitcoin Mining Is Leaving Earth: Nvidia-Backed Firm Targets Space

Starcloud launched a spacecraft last year that carried an Nvidia H100 GPU into low Earth orbit, and company executives now say a follow-up mission will place ASIC Bitcoin miners on a second craft later this year. That move turns an orbital demo into an explicit test of whether crypto work can run in space at scale. Bitcoin In Space: Operational Versus Launch Costs Reports say the company argues running miners above the atmosphere could cut energy and cooling expenses. Solar panels provide steady power on certain orbits, and vacuum lets a satellite radiate heat away without gigantic air-conditioning systems. Those are the savings Starcloud highlights. But getting machines into orbit and keeping them there carries its own price. Launch fees, protective shielding, and large radiators add mass and cost. Hardware replacements will be harder than swapping racks in Texas. The company began life pitching orbital data centers for AI workloads, not just cryptocurrency. Reports indicate Starcloud’s longer-term plan is a constellation of compute platforms that can host commercial clients. The cat is out of the bag: @Starcloud_ -2 will be the first to mine 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 in space. This will be a massive industry in itself. Right now, bitcoin mining consumes about 20 GW of power continuously. It makes no sense to do this on Earth, and in the end state, all of this… pic.twitter.com/tmfr8rxGOL — Philip Johnston (@PhilipJohnston) March 7, 2026 Starcloud’s CEO, Philip Johnston, announced on X Saturday that the company aims to become the first to mine Bitcoin in space, following a discussion (video below) of its space mining plans on HyperChange Thursday. For now, the test is narrow: install miners in orbit, see whether they run, measure uptime and energy math. Officials said the test is intended to provide hard numbers rather than slogans. Hardware In Space Is Different Work NVIDIA-backed publicity and a high-profile GPU flight drew attention, but civilian engineers and space systems experts point to several technical limits. Electronics face constant radiation. Memory and silicon degrade faster without heavy shielding. Heat must be rejected through radiators, which increases surface area and mass. Reports note that ASICs optimized for Earth cooling cannot simply be transplanted into space and expected to last years. Data shows terrestrial mining benefits from cheap local electricity, proximity to maintenance teams, and economies of scale that are already well understood. Putting those same miners in orbit removes easy access for repairs. If a board fails, a replacement might require another rocket launch. That risk factors into any calculation of lifetime costs and return on investment. Featured image from 4K Wallpapers, chart from TradingView

Bybit doubles down on Middle East operations amid regional tensions

It’s estimated that roughly 1,800 crypto companies operate in the United Arab Emirates, employing more than 8,600 people in various roles.

Bitcoin hovers just under $72k, taking a breather after hefty gains this week

OP Comprehensive Technical Analysis: Detailed Review of March 9, 2026

OP at critical support in downtrend; RSI oversold and MACD bullish with reaction potential. Risk high under Bitcoin pressure, watch $0.1132.

Nasdaq Teams Up With Kraken to Deliver Tokenized Stocks

Payward, the infrastructure platform behind the popular US-based crypto exchange Kraken, has announced that it will be teaming up with Nasdaq. The initiative aims to develop tokenized equities and further bridge traditional capital markets with blockchain-based financial systems. The move highlights a growing effort within the traditional financial industry to modernize its infrastructure. As CryptoPotato reported earlier last week, it was indeed the crypto industry that led global markets following the US strike on Iran. xStockz, Kraken’s tokenized equity product, will power a permissionless infrastructure layer designed to support Nasdaq’s issuer-sponsored equity tokens. Tokenized stocks, as well as commodities such as Gold, Silver, and most recently, crude oil, have been the talk of the town lately, as crypto-powered exchanges allow for 24/7 trading unlike many of the traditional venues. According to the official release, the initiative will build on the growing adoption of xStocks, which has already surpassed $25 billion in total transaction volume, per reports. In essence, Kraken will be acting as a distribution partner. Commenting on the matter was Arjun Sethi, co-CEO of Payward and Kraken, who said: Tokenization upgrades market infrastructure at the asset layer by allowing equities to exist as programmable financial instruments that can operate across both regulated capital markets and open blockchain networks. Today most equities sit inside brokerage systems where their utility is laregly limited to directional exposure and, in some cases, broker-specific margin arrangements. The move signals the increasing institutionalization of the industry, as well as a notable shift towards traditional equities and commodities. Moreover, Kraken seems to be pedal-to-the-metal on the latest shift, becoming the very first company to receive a Fed Master account last week. The post Nasdaq Teams Up With Kraken to Deliver Tokenized Stocks appeared first on CryptoPotato .