‘Bull Trap Forming’ – Willy Woo Says Bottom Not In for Bitcoin

  vor 2 Monaten

Bitcoin’s bounce to the mid $70,000s had traders eyeing a bullish comeback, but one veteran on-chain analyst is urging caution, warning that the market may be flashing the kind of false-start signal that burns latecomers. Willy Woo Flags ‘Bear-Phase Regime,’ Says Any Bitcoin Rally Could Still Be a Head Fake Onchain analyst Willy Woo says

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Cardano Founder Says Pentad Faces $40 Million Shortfall After ADA Price Crash

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Charles Hoskinson says Cardano’s Pentad initiative is dealing with a roughly $40 million funding gap after ADA fell from around $0.83 at the time of the original proposal to roughly $0.25. In a March 6 video update, the Cardano founder said the plan was initially working with the equivalent of about $58 million in value from 70 million ADA, but that figure has since dropped to about $18 million. That repricing, he argued, has fundamentally changed the economics of the program. “The reality is that there’s a $40 million shortfall between when we wanted to do it and where we’re at today,” Hoskinson said. “Every single member of the Pentad has to accept that shortfall, meaning out of pocket for commitments and obligations. They have to make it up.” Hoskinson Defends The Cardano Pentad Pentad was designed as a coordinated effort between five core Cardano ecosystem entities to secure commercially important integrations for the network more efficiently and at scale. Hoskinson said the original logic was that Cardano and Midnight could negotiate together and get better aggregate terms, but the collapse in ADA’s dollar value means even the Cardano-side integrations now cost more than the treasury-backed funding effectively covers. Midnight , he said, is also paying for its own integrations out of pocket, with liabilities exceeding $10 million. A central point of the update was a reimbursement dispute tied to Fireblocks. Hoskinson said one party had negotiated separately with Fireblocks outside the Pentad process, reached its own fee arrangement, and then later sought reimbursement. That, he argued, is not comparable to the more expansive and expensive integration the Midnight Foundation had been negotiating and was never part of the original governance-approved structure. “Everyone in the Pentad is at a loss. We did not make a profit,” he said. “The vast majority of the integrations will require out-of-pocket expenses from the Cardano Foundation, the Midnight Foundation, Input Output, Emergo, and Intersect and long-term liabilities because many of these things required multi-year contracts.” By contrast, he added, external actors who were not signers to those liabilities cannot reasonably expect to be made whole simply because earlier public comments were made under different assumptions. Hoskinson nevertheless cast Pentad V1 as an operational success. He said Cardano went from signing a deal with Circle to having USDCX live on the network in 84 days, calling it the number one stablecoin on Cardano already. He also pointed to integrations with LayerZero, Pyth, Dune Analytics and custodians, arguing the effort has moved Cardano from being “an island” to being connected to the broader crypto market. Related Reading: Cardano Founder Sounds Alarm Over New US Crypto Bill That shift matters because, in Hoskinson’s view, Cardano’s next challenge is no longer core infrastructure. It is utility, user experience and DeFi traction. He said the ecosystem still needs strategic capital deployment to help applications survive and compete, and floated Pentad V2 as a possible treasury-backed “weighted index” of Cardano DApps and DeFi projects rather than a grant program. “We don’t have an infrastructure problem,” he said later in the video. “We have DApps and DeFi and we have an experience problem. We were an island. We’re no longer an island. We built those bridges. That’s what you paid for with Pentad.” The broader message was political as much as financial. Hoskinson framed the reimbursement fight as a test of whether Cardano’s on-chain governance can function under stress without collapsing into public infighting. If the ecosystem can align behind difficult capital-allocation decisions despite lower token prices, he argued, Pentad could become less a funding controversy than an early demonstration of whether Cardano’s governance model can actually execute. At press time, ADA traded at $0.2548.

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Which key economic and geopolitical events should markets watch this week?

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This week’s events will be shaped by war, inflation data, jobs numbers, and major earnings. The biggest geopolitical story is the war in Iran after the United States and Israel attacked on Feb. 28, setting off strikes across the Middle East and around international military bases in the region. That put the G7 under pressure at the start of the week. The group includes the U.S., Canada, France, Germany, Italy, Japan, and the United Kingdom. The alliance was already under strain during both terms of President Donald Trump. Now the pressure is even higher. France, which currently holds the G7 presidency, has called an emergency meeting to deal with the Middle East crisis. Finance Minister Roland Lescure said finance ministers and central bank governors from the group will meet over the coming days. Roland told Franceinfo radio: “I have spoken to various counterparts, in particular [U.S. Treasury Secretary] Scott Bessent … to discuss the state of the situation, so we can assess any responses that might be needed.” Oil prices drive this week’s events across markets and central banks Last week, the main market story was the war in Iran and the jump in oil prices. U.S. crude, tracked by CL=F, posted its biggest weekly gain since at least 1985. By Friday, it had surged more than 36% and traded above $91 as the conflict moved toward the one-week mark. Brent crude, tracked by BZ=F, also posted large gains. Traders were focused on the Strait of Hormuz, the world’s most important shipping chokepoint for the oil trade. That is bad timing for the Federal Reserve . The Fed had already seen its rate-cut progress stall after its campaign against post-COVID inflation. The 10-year Treasury yield, ^TNX, has climbed back above 4.14%. At the same time, traders have cut back rate-cut bets this week as they price in the risk that higher oil could slow progress toward the Fed’s 2% inflation goal. Investors track this week’s events in inflation data, jobs data, and earnings The biggest economic events land on Wednesday and Friday. Wednesday brings the Consumer Price Index. Friday brings the personal consumption expenditures report, which is one of the Fed’s key inflation gauges. Friday also brings a long list of other data. The January PCE price index is expected at +0.3% month on month, after +0.4% previously, and +2.9% year on year, unchanged from the prior reading. Core PCE is seen at +0.4% month on month, unchanged, and +3.1% year on year, up from +3.0%. Personal income is expected at +0.5% after +0.3%. Personal spending is seen at +0.3% after +0.4%. Durable goods orders are expected at +0.4% after -1.4%. GDP, annualized quarter on quarter for the fourth quarter, is expected at 1.4%, unchanged. Labor and sentiment data are also part of this week’s events after a weak February jobs report. Friday will bring the JOLTS job openings rate, previously 3.9%, the quits rate, previously 2.0%, and the layoffs rate, previously 1.1%. The preliminary University of Michigan sentiment reading for March is expected at 56.3, down from 56.6. Current conditions were previously 56.6. Expectations were also 56.6. One-year inflation expectations were previously +3.4%, while the five- to ten-year measure stood at +3.3%. On the corporate side, Oracle reports Tuesday and is the main earnings event of the week after strong Nvidia results failed to satisfy investors. Adobe, Hewlett Packard, Dollar General, and DICK’S Sporting Goods will also report during the week. Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program

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USD/CAD Price Forecast: Plummets Near 1.3550 as Bearish Momentum Intensifies

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BitcoinWorld USD/CAD Price Forecast: Plummets Near 1.3550 as Bearish Momentum Intensifies The USD/CAD currency pair has experienced a significant decline, falling to the critical 1.3550 level as a persistent bearish bias grips the forex market. This movement, captured in recent technical charts, reflects a complex interplay of monetary policy divergence, shifting commodity prices, and broader risk sentiment. Consequently, traders and analysts are closely monitoring key support zones for signs of either consolidation or further depreciation. This analysis provides a detailed, experience-driven examination of the factors driving this trend and its potential implications for the near-term forex landscape. USD/CAD Price Action and Technical Breakdown Recent trading sessions have witnessed the USD/CAD pair surrendering ground decisively. The descent toward the 1.3550 handle represents a key technical development. Firstly, this level previously acted as a consolidation zone, making its current test particularly significant. Secondly, the pair has breached several short-term moving averages, confirming the shift in momentum. Market participants are now evaluating whether this represents a corrective pullback within a larger range or the beginning of a more sustained downtrend. Several chart patterns underscore the current bearish pressure. For instance, the formation of lower highs and lower lows on the daily timeframe establishes a clear short-term downtrend. Furthermore, momentum indicators like the Relative Strength Index (RSI) have retreated from overbought territory, signaling a loss of bullish steam. The following table summarizes key technical levels: Resistance Level Significance Immediate 1.3620 Previous support, now resistance Major 1.3700 Psychological level & 50-day MA Support Level Significance Immediate 1.3550 Current test, December low Major 1.3450 2024 swing low & long-term trendline Volume analysis also provides critical context. Notably, down days have been accompanied by higher trading volume compared to up days, a classic sign of distribution. This activity suggests institutional selling pressure is contributing to the decline. Therefore, the technical structure firmly favors the sellers unless a decisive recovery above 1.3620 materializes. Fundamental Drivers Behind the CAD Strength The Canadian dollar’s resilience is not occurring in a vacuum. It is fundamentally anchored by two primary pillars: monetary policy and commodity markets. The Bank of Canada (BoC) has maintained a notably hawkish stance relative to market expectations for the Federal Reserve. While both central banks have paused rate hikes, the BoC’s communication has emphasized greater concern over persistent core inflation. This policy divergence creates a supportive backdrop for the CAD against the USD. Simultaneously, the commodity complex, particularly oil prices, plays an outsized role. Canada is a major oil exporter, and West Texas Intermediate (WTI) crude oil prices have found support above key levels. A stable or rising oil price environment directly improves Canada’s terms of trade, boosting CAD inflows. Recent geopolitical tensions and OPEC+ production discipline have provided a floor under crude markets, indirectly buttressing the loonie. Bank of Canada Tone: Hawkish rhetoric on inflation contrasts with a more data-dependent Fed. Commodity Prices: Firm oil and natural gas prices enhance Canada’s export revenue. Risk Sentiment: Improved global risk appetite often benefits commodity-linked currencies like the CAD. Economic Data: Recent Canadian employment and GDP figures have surprised to the upside, reducing recession fears. Moreover, broader US dollar weakness has contributed to the pair’s decline. The DXY (US Dollar Index) has faced headwinds as markets price in a potential Fed easing cycle later in the year. This macro backdrop creates a dual tailwind for USD/CAD: a relatively stronger CAD and a broadly softer USD. Consequently, the fundamental picture aligns with the technical bearish bias, creating a convergent signal for traders. Expert Analysis on Market Sentiment and Positioning According to recent Commitments of Traders (COT) reports published by the CFTC, speculative positioning has shifted. Notably, leveraged funds have reduced their net long positions in USD/CAD over recent weeks. This unwind of bullish bets can itself become a driver of price movement, as covering these positions involves selling the pair. The sentiment shift is palpable in trading desks and analyst commentary, where the focus has pivoted from ‘how high’ to ‘how low’ for the pair. Seasoned market analysts point to the importance of the 1.3450-1.3500 zone as a litmus test. A breach of this area would open the door to a much deeper correction, potentially targeting levels last seen in mid-2023. However, some caution that the bearish move may be overextended in the short term. They highlight that the US economy continues to show remarkable resilience, which could limit the Fed’s ability to cut rates aggressively and, by extension, cap USD losses. The path forward will likely be determined by incoming inflation data from both nations. Implications for Traders and the Economic Outlook The sustained move lower in USD/CAD carries concrete implications. For importers and exporters, the stronger CAD reduces costs for Canadian businesses importing US goods but pressures the margins of exporters selling to the US market. For forex traders, the environment favors strategies aligned with the prevailing trend, such as selling rallies toward resistance, while implementing strict risk management given potential for volatility around key data releases. From a macroeconomic perspective, a weaker USD/CAD rate could help moderate imported inflation in Canada, a factor the BoC will monitor closely. Conversely, it could act as a mild drag on corporate earnings for the Canadian export sector. The trajectory of the pair will remain a key barometer for the relative economic health and monetary policy paths of the two closely linked North American economies. Monitoring upcoming releases like US CPI, Canadian CPI, and central bank meeting minutes is now paramount. Conclusion The USD/CAD price forecast remains tilted to the downside as the pair tests the significant 1.3550 support level. This bearish bias is supported by a confluence of technical breakdowns, a hawkish Bank of Canada stance relative to the Fed, and supportive commodity prices. While the move may see periods of consolidation or short-covering rallies, the overall structure suggests further downside risk toward the 1.3450 area is possible. Ultimately, traders should prioritize key economic data and central bank signals to navigate the evolving landscape for this major currency pair. FAQs Q1: What does USD/CAD falling to 1.3550 mean? The USD/CAD falling to 1.3550 means the US dollar is weakening against the Canadian dollar. It now costs fewer Canadian dollars (1.3550) to buy one US dollar, indicating relative CAD strength. Q2: What are the main factors driving the Canadian dollar’s strength? The main drivers are a relatively hawkish Bank of Canada, stable or rising oil prices (a key Canadian export), and broader US dollar weakness as markets anticipate Federal Reserve rate cuts. Q3: What is the key support level to watch for USD/CAD? The immediate key support is the 1.3550 level being tested. A decisive break below could open the path toward major support around the 1.3450-1.3500 zone. Q4: How does oil price affect USD/CAD? Canada is a major oil exporter. Higher oil prices increase global demand for Canadian dollars to pay for Canadian oil, strengthening the CAD and typically pushing the USD/CAD pair lower. Q5: Could the USD/CAD bearish trend reverse soon? A reversal would require a shift in fundamentals, such as unexpectedly hot US inflation data delaying Fed cuts, a sharp drop in oil prices, or a dovish pivot from the Bank of Canada. Technically, a recovery above 1.3620 would challenge the immediate bearish outlook. This post USD/CAD Price Forecast: Plummets Near 1.3550 as Bearish Momentum Intensifies first appeared on BitcoinWorld .

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NEAR Protocol price prediction 2026-2032: Is NEAR a good investment?

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Key takeaways: NEAR price prediction indicates it may reach a maximum price of $2.189 by the end of 2026. By 2029, NEAR is expected to rise to a maximum price of $5.566, driven by increasing adoption and ecosystem growth. Looking ahead to 2032, NEAR Protocol could experience a substantial surge, potentially reaching a maximum price of $9.301 or beyond. The rising bearish sentiment within NEAR Protocol’s community is bringing a cautious approach among traders. As NEAR continues to advance its technology and forge strategic partnerships, questions surrounding its current price potential persist, inviting further analysis and exploration of its prospects. Overview Cryptocurrency NEAR Protocol Ticker NEAR Price $ 1.21 (+0.00%) Market Cap $1.57 Billion Trading Volume 24-h $144 Million Circulating Supply 1.28 Billion NEAR All-time High $20.42 Jan 17, 2022 All-time Low $0.526, Nov 04, 2020 24-h High $1.25 24-h Low $1.20 NEAR Protocol price prediction: Technical analysis Sentiment Bullish 50-Day SMA $1.22 200-Day SMA $1.97 Price Prediction $0.64 (-46.98%) F & G Index 30.71 (fear) Green Days 8/30 (27%) 14-Day RSI 54.10 NEAR Protocol price analysis: NEAR falls to $1.20 TL;DR Breakdown: NEAR Protocol price analysis shows decline to $1.20 Cryptocurrency gain 0.00% of its value. NEAR Protocol coin finds support at $ 1.20 On March 8, 2026, NEAR Protocol price analysis reveals a bearish price sentiment as the price observes decline in recent days. Today, the price has declined to 1.20 as bears crush higher supports. NEAR Protocol price analysis 1-day chart: NEAR falls to $1.20 The one-day price chart of NEAR Protocol confirms a bearish market trend for the day as the price falls to $1.20. NEAR/USDT price chart: TradingView The Relative Strength Index (RSI) indicator is trading low in the neutral area. The indicator’s value has also decreased to index 52.96. This shows rising selling momentum, as the indicator’s curve is moving downwards towards the mean line of the neutral area. A further downtrend in the market can be expected if selling momentum continues to intensify, however, the market sentiment suggests low volatility. NEAR price analysis 4-hour chart The four-hour chart analysis of NEAR shows a bearish market sentiment as the price starts to break down to $1.20. NEAR/USDT price chart: TradingView The Bollinger Bands are narrowing suggesting decreasing volatility with the bands suggesting a resistance at $1.283 and support at $1.189. The RSI indicator is trading low in the region suggesting a bearish trend. The indicator’s value has since fallen to 45.23, indicating strong selling pressure while NEAR finds short-term support at $1.2. NEAR Protocol technical indicators: Levels and actions Daily simple moving average (SMA) Period Value Action SMA 3 $ 1.37 SELL SMA 5 $ 1.20 SELL SMA 10 $ 1.08 SELL SMA 21 $ 1.05 BUY SMA 50 $ 1.33 SELL SMA 100 $ 1.51 SELL SMA 200 $ 1.99 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $ 1.14 SELL EMA 5 $ 1.25 SELL EMA 10 $ 1.40 SELL EMA 21 $ 1.50 SELL EMA 50 $ 1.67 SELL EMA 100 $ 1.92 SELL EMA 200 $ 2.25 SELL What to expect from NEAR Protocol price analysis? NEAR/USDT price chart: TradingView Near Protocol price analysis gives a negative prediction as after making a swift recovery to the $1.40 mark the bullish momentum was replaced by another bearish decay. The NEAR/USD price decreased to $1.20 mark since then with the bulls barely holding above the level. However, with the price consolidating at the level, a bearish breakout becomes more likely. Is Near Protocol a good investment? The near token distinguishes itself in the cryptocurrency market capitalization, emphasizing scalability, usability, and developer-friendliness. It aims to facilitate the creation of decentralized applications (dApps) and smart contracts, catering to developers and end-users. NEAR’s innovative technology and user-centric approach make it attractive for institutional adoption and mainstream adoption of blockchain applications. With a focus on user experience and developer tools, NEAR Protocol is positioned to drive significant medium term growth in the decentralized application ecosystem. Its potential to disrupt traditional industries and capture market share in the blockchain space makes it an intriguing investment opportunity for those interested in innovative technology solutions. Why is NEAR down? NEAR has broken down to the $1.20 mark after failing to hold the $1.24 support level. Will NEAR recover? NEAR protocol price has seen a massive selloff in the last thirty days as price fell from near the $3.00 mark to the current $1.7 price level. However, analysts believe that this bearish momentum will be short-term, predicting price targets in a range of $2.5 and the $2.8 mark by the end of 2026. Will NEAR reach $10? NEAR is expected to rise to the $10.00 mark by the end of 2030 supported by the bullish trends surrounding the broader cryptocurrency markets. Will NEAR reach $20? NEAR protocol price is expected to cross the $20 threshold by mid-2030s This supports the long term forecast as the industry continues to see increasing adoption across the mainstream. The bullish rally will be supported by NEAR’s vision of a scalable future and user and developer-friendly architecture that sets it apart from other blockchains. Will NEAR reach $50? The chance of NEAR protocol price reaching the $50 mark depends on various circumstances, such as future network development, market regulations, and the broader cryptocurrency market growth. If NEAR continues its current trajectory, it can reach $50 in the next several years. Does NEAR have a good long term future? Yes, NEAR has a good long-term future due to its innovative technology, focus on scalability and strong ecosystem development, which supports a favorable market sentiment and price prediction. However, the project must keep up with sector developments to maintain its edge in the digital ecosystem. Recent news/opinions on Near Protocol NEAR protocol recently announced the launch of OpenClaw on NEAR AI Cloud enabling people to use a confidential AI system without requiring local hardware. NOW LIVE: OpenClaw is now available on NEAR AI Cloud. Run OpenClaw inside Trusted Execution Environments. Confidential workloads, no local hardware required. -Always-on agents -Deep access -Persistent memory -Cloud convenience -Privacy guaranteed This is user-owned AI. pic.twitter.com/fsNqMefU9w — NEAR Protocol (@NEARProtocol) February 2, 2026 NEAR price prediction March 2026 NEAR protocol price forecast for the month of March is expected to trade at a minimum price of $0.895based on the latest price data, with an average trading price of $1.22and a maximum price of $1.72. Month Minimum Price ($) Average Price ($) Maximum Price ($) March 0.895 1.22 1.72 NEAR price prediction 2026 In 2026, technical analysis anticipates a continued rise with a minimum price of $0.829, an average of $1.408, and a maximum of $2.189. Year Min. Price ($) Average Price ($) Maximum Price ($) 2026 0.829 1.408 2.189 NEAR price prediction 2027-2032 Year Min. Price ($) Average Price ($) Maximum Price ($) 2027 1.081 2.126 3.171 2028 1.452 2.646 3.839 2029 1.903 3.735 5.566 2030 2.543 5.006 7.469 2031 3.274 5.848 8.422 2032 3.735 6.518 9.301 NEAR Price Prediction 2027 In 2027, technical analysis anticipates a continued rise with a minimum price of $1.081, an average of $2.126, and a maximum of $3.171. NEAR Price Prediction 2028 For 2028, NEAR Protocol may trade around a minimum of $1.452, an average of $2.646, and a maximum value of $3.839 by year-end. NEAR Protocol Prediction 2029 The 2029 outlook remains bullish with estimates suggesting a minimum value of $1.903, an average trading value of $3.735, and a maximum of $5.566. NEAR Price Prediction 2030 By 2030, NEAR could potentially trade at a minimum of $2.543, an average of $5.006, and a maximum value of $7.469. NEAR Price Prediction 2031 Forecasts for 2031 reflect long-term upward sentiment with a minimum of $3.274, an average price of $5.848, and a maximum of $8.422. NEAR Price Prediction 2032 The forecast for 2032 suggests NEAR could see a minimum value of $3.735, an average price of $6.518, and a maximum value of $9.301 based on current projections. NEAR market price prediction: Analysts’ NEAR price forecast Firm 2026 2027 Coincodex $6.40 $7.47 DigitalCoinPrice $2.56 $4.61 Cryptopolitan’s NEAR protocol (NEAR) price prediction Cryptopolitan’s predictions show that the price of the NEAR Protocol will reach a high of $2.189 in the second half of 2026. In 2029, it is expected to range between $1.903 and $5.566. In 2032, NEAR may trade between $3.735 and $9.301, with an average value of $6.518 according to protocol technical analysis. Note that these predictions are not investment advice regarding future price movements. Seek independent professional consultation or do your research. NEAR Protocol historic price sentiment NEAR price history The Near Protocol (NEAR) began its journey in August 2020, aiming to create a scalable and permissionless blockchain. The first recorded trade value in October 2020 was $1.072, closing the year at $1.459 after a recovery. In 2021, NEAR showed an uptrend, starting at $1.305 and reaching an all-time high (ATH) of $7.572 by March 13. A market downturn pushed the price down to $1.537 by July 19, but it rebounded to $11.776 on September 9 and further to $13.168 on October 26. By 2022, NEAR’s price crashed to below $2.00, losing over 90% of its peak value. Throughout 2023, NEAR saw low volatility, with prices remaining below $2.50 for most of the year. Since the start of 2024, NEAR has experienced a strong recovery, climbing to $7.80. However, after reaching the $8.00 mark in mid-May, it fell back to $5.60. In June, NEAR traded between $4.48 and $7.66. It rose from $5.20 to $6.04 in July but closed the month below $5.00. NEAR started August at $5.00, declining to $3.89 by the end of the month. In September 2024, the asset bounced back and closed the month above the $5.20 mark. In October, the price stumbled and fell to $4.850 in the first few days before closing the month below the $4.00 mark leaving a negative outlook at the start of November. November saw NEAR making remarkable strides as the bulls held strong control of markets during the month, a trend that was expected to continue into December. However, the month saw NEAR plummet from heights of $7.00 to fall below $5 before closing the month. In January the price could not find a stable foothold and the price continued dwindling, closing the month just above $4.00 In February the price fell significantly towards the $3.00 mark and continued to decline ending the month at $2.80. In March the price continued to decline ending the month near $2.50, a trend that continued in April ending the month at $2.35. In May the price recovered but only to the extent of reversing April’s losses as the month ended below $2.50. June saw further decay as despite the early bullish signals, bears dominated the month and NEAR closed the month around $2.12. In mid-July, the price of NEAR Protocol surged toward the high of $3 but it started to decay in the later half of the month, a trend that continued in August with NEAR closing the month at $2.38. In September, the price rose sharply to the $3.40 mark but failed to maintain the level ending the month at $3.00 In October the price declined further as bears dominated the crypto markets with NEAR ending the month below the $2.00 mark. The trend continued in November with NEAR closing the month at the $1.80 mark. In January the decline continued as the price declined to the $1.00 key support level. In February, the trend continued with the price diving below $0.95 before recovering above $1.00.

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Upbit Halts LUNA2 Withdrawals: Critical Network Upgrade Sparks Investor Scrutiny

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BitcoinWorld Upbit Halts LUNA2 Withdrawals: Critical Network Upgrade Sparks Investor Scrutiny In a move closely watched by the global crypto community, South Korean digital asset giant Upbit has announced a temporary suspension of withdrawals for LUNA2, the revived token of the Terra ecosystem. The decision, effective from 9:00 a.m. UTC on March 12, 2025, directly results from a planned network upgrade for the Terra 2.0 blockchain. Consequently, this proactive measure highlights the exchange’s commitment to security and technical integrity during critical infrastructure changes. Upbit’s LUNA2 Withdrawal Suspension: The Official Announcement Upbit, one of South Korea’s largest and most regulated cryptocurrency exchanges, made the formal notification through its official website and user communication channels. The exchange clearly stated the suspension’s cause and precise start time. Furthermore, the announcement emphasized that deposits for LUNA2 would remain operational throughout the process. This distinction is crucial for understanding the technical nature of the halt. Typically, withdrawal suspensions during upgrades prevent transaction failures or fund loss that could occur if the network state changes mid-transfer. The exchange has not specified an exact end time for the maintenance. However, industry standards for such upgrades suggest a window of several hours. Upbit’s history shows a pattern of resuming services promptly after confirming network stability. The announcement follows standard protocol for major exchanges, which prioritize user asset safety above all else. This action mirrors procedures seen during upgrades for networks like Ethereum or Bitcoin. Understanding the Terra 2.0 Network Upgrade The core reason for Upbit’s action is a scheduled upgrade to the Terra 2.0 (LUNA2) blockchain. Network upgrades, often called “hard forks” or “mainnet upgrades,” are essential for implementing new features, enhancing security, or improving scalability. For the Terra ecosystem, which underwent a catastrophic collapse and subsequent rebirth in 2022, these upgrades are particularly sensitive. They represent ongoing efforts to improve the chain’s robustness and functionality. During such an upgrade, network validators must install new software. The blockchain may experience brief periods of inactivity or consensus finalization issues. Therefore, exchanges like Upbit preemptively pause withdrawals to avoid users sending funds to addresses that may not be immediately verifiable on the updated chain. This is a standard risk mitigation practice across the industry. The Historical Context of Terra and LUNA2 To fully grasp the significance of this event, one must consider LUNA2’s history. The original Terra (LUNA) and its algorithmic stablecoin UST collapsed in May 2022, erasing tens of billions in market value. In response, the community voted to launch a new blockchain, Terra 2.0, with the LUNA2 token, excluding the failed stablecoin mechanism. Since its launch, the revived project has focused on rebuilding developer trust and user adoption. Every technical action, including this network upgrade, is scrutinized against this backdrop of past failure and future promise. Major exchanges like Upbit played a pivotal role in listing the new token, providing a pathway for affected investors. Their handling of technical events now directly impacts market confidence. A smooth, well-communicated upgrade process can reinforce stability perceptions. Conversely, unexpected problems could trigger negative sentiment. Immediate Impacts and Market Reaction The immediate impact of the withdrawal suspension is primarily operational. Users cannot move LUNA2 off the Upbit exchange during the maintenance window. However, trading of LUNA2 against other pairs (like KRW or BTC) often continues uninterrupted on the exchange’s internal ledger. This allows market activity to proceed while external blockchain functions are paused. Initial market reaction to such news is typically muted if the upgrade was pre-announced by the blockchain developers. The key factors investors monitor are: Communication Clarity: How clearly the exchange explains the reason and duration. Historical Precedent: The exchange’s track record for handling similar events. Blockchain Developer Coordination: Whether the upgrade is a coordinated, community-approved action. In this case, Upbit’s announcement was clear and factual, aligning with best practices. Market data from other exchanges shows no significant price volatility for LUNA2 attributable solely to the Upbit withdrawal pause at the time of the announcement. Standard Procedure for Exchange Security For cryptocurrency investors, especially newcomers, exchange maintenance periods can cause concern. However, temporary withdrawal suspensions are a standard security procedure, not a red flag. Reputable exchanges implement these pauses to protect user funds. The alternative—allowing withdrawals on a potentially fractured network—could lead to “stuck” transactions or even loss. Exchanges like Binance, Coinbase, and Kraken routinely employ similar measures. The process generally follows these steps: The blockchain development team announces an upgrade schedule. Exchanges analyze the upgrade’s technical requirements. They announce a withdrawal/deposit suspension window that brackets the upgrade time. Their technical teams monitor the new network for stability post-upgrade. Once confirmed stable, they reopen services and notify users. Upbit’s action fits this exact framework, demonstrating operational maturity. What Users Should Do During the Suspension For Upbit users holding LUNA2, the recommended course of action is simple: wait for the official resumption notice. No action is required if they plan to continue holding the asset on the exchange. Users should: Avoid attempting withdrawal requests during the suspension, as they will fail. Monitor official Upbit announcements for the “resumed” notification. Verify the successful completion of any withdrawal only after services restart. Recognize that trading may remain active internally on Upbit. Importantly, users should be wary of phishing attempts. Scammers often use news of exchange maintenance to send fake “account verification” emails. Upbit will never ask for passwords or private keys via email. Conclusion Upbit’s temporary suspension of LUNA2 withdrawals is a routine, security-focused response to a scheduled Terra 2.0 network upgrade. The announcement from Seoul on March 12, 2025, reflects standard industry protocol designed to safeguard user assets during critical blockchain transitions. While the shadow of Terra’s past lends weight to every technical event, this procedure underscores the operational rigor now required in the cryptocurrency sector. For investors, such transparent maintenance communication from a major exchange like Upbit is ultimately a sign of systemic maturity, not cause for alarm. The resumption of services will hinge on the successful completion and stabilization of the underlying LUNA2 network upgrade. FAQs Q1: Why did Upbit suspend LUNA2 withdrawals? A1: Upbit suspended withdrawals due to a scheduled network upgrade on the Terra 2.0 (LUNA2) blockchain. This is a standard security practice to prevent transaction errors or loss of funds while the network’s validators update their software and stabilize the new chain. Q2: Can I still trade LUNA2 on Upbit during the withdrawal suspension? A2: Typically, yes. Withdrawal suspensions often affect only the movement of assets on and off the blockchain. Trading between different cryptocurrency pairs on the exchange’s internal ledger usually continues uninterrupted. Check Upbit’s official trading status page for confirmation. Q3: How long will the LUNA2 withdrawal suspension last? A3: Upbit has not announced a specific end time. The duration depends on the completion and stabilization of the Terra 2.0 network upgrade. Similar maintenance windows often last several hours. Users should monitor Upbit’s official announcements for the resumption notice. Q4: Is my LUNA2 safe on Upbit during this time? A4: Yes, the suspension is a protective measure. Your assets remain securely held in Upbit’s wallets. The action is taken precisely to ensure safety by preventing transactions on a potentially unstable network. This is a common procedure across all major cryptocurrency exchanges. Q5: Will other exchanges also suspend LUNA2 withdrawals? A5: It is highly likely. Most major global exchanges that support LUNA2 will enact similar temporary withdrawal and deposit suspensions around the same network upgrade time to ensure consistent security standards and protect their users. Q6: What should I do if I initiated a withdrawal just before the suspension? A6: If your withdrawal transaction was fully processed and broadcast to the network before the suspension time, it should proceed normally. If it was pending or initiated during the suspension window, it will likely fail or be held by Upbit until after services resume. Check your transaction history and contact Upbit support if the status is unclear after services restart. This post Upbit Halts LUNA2 Withdrawals: Critical Network Upgrade Sparks Investor Scrutiny first appeared on BitcoinWorld .

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Pundit: 98% of XRP Holders Will Sell After $10. Here’s why

  vor 2 Monaten

Ambitious price targets often reveal how strongly investors believe in a digital asset’s future. Some traders prefer short-term gains, while others plan to hold through multiple cycles in search of a much higher valuation. Crypto commentator XRP Avenger (@XRP_Avengers) raised that question directly in a recent post. He stated that 98% of investors will sell their XRP between $10 and $50. While these levels represent significant gains from the current price of $1.35, XRP Avenger plans to hold XRP until it crosses $100 . He then asked the community who would remain invested alongside him if XRP reached that level. The post suggested that many holders may exit once XRP reaches double-digit prices, while a smaller group plans to wait for a much larger move. The replies revealed a wide range of long-term strategies within the XRP community. 98% of the people will sell their #XRP after $10-$50. I am here to see the price above $100. Who will stay with me? — XRP Avengers (@XRP_Avengers) March 6, 2026 XRP Community Reveals Price Expectations Several participants expressed extremely high price targets. One commenter stated that he plans to hold XRP until it reaches a four to six-digit valuation. Another user said he will not sell any of his holdings until the price moves beyond $1,000 . Some holders outlined more specific financial goals tied to future price increases. One community member said he would hold XRP until selling just 10% of his holdings can pay off his mortgage. Another investor expressed support for XRP Avenger’s stance, stating that she plans to see XRP exceed $100 before selling. Higher price expectations also appeared in the conversation. One commenter said he would only sell XRP once it reaches $500. Another said he would not sell a single coin for less than $200. Some users even mentioned prices as high as $10,000 as a potential long-term target for the asset. The responses showed how diverse the XRP investor base has become. Some investors plan early exits during the next major rally, while others intend to wait for a much higher valuation. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Can XRP Reach $100? Predictions of triple-digit XRP prices have circulated for years. Analysts often point to XRP Ledger’s role in global payments as a key factor behind these projections. The network processes transactions in seconds while maintaining low fees. This efficiency allows financial institutions to move value across borders without the delays associated with traditional banking systems. Supporters believe that wider adoption of this technology could increase demand for XRP over time. For long-term supporters like XRP Avenger, these factors are the foundation for ambitious price targets. If adoption expands across financial institutions, corporations, and payment providers, demand could rise significantly. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post Pundit: 98% of XRP Holders Will Sell After $10. Here’s why appeared first on Times Tabloid .

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WLD Technical Analysis 9 March 2026: Volume and Accumulation

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Volume in WLD is decreasing in the downtrend, weakening the selling conviction. While accumulation signals are forming at support levels, BTC correlation poses a risk.

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Emergency Oil Reserves: G7 and IEA Consider Unprecedented Joint Release to Stabilize Volatile Markets

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BitcoinWorld Emergency Oil Reserves: G7 and IEA Consider Unprecedented Joint Release to Stabilize Volatile Markets Global energy markets face potential intervention as the G7 nations and International Energy Agency reportedly consider a coordinated release of emergency oil reserves. This strategic discussion emerges amid ongoing market volatility that threatens economic stability worldwide. The proposed joint action represents one of the most significant potential interventions in global energy markets since the 2011 coordinated release. G7 and IEA Emergency Oil Reserves: Strategic Context The Group of Seven advanced economies and the International Energy Agency maintain the world’s largest strategic petroleum reserves. These stockpiles serve as critical buffers against supply disruptions. Member countries collectively hold over 4 billion barrels of emergency oil. The IEA requires members to maintain reserves equivalent to 90 days of net imports. This requirement ensures collective energy security during crises. Historically, coordinated releases occurred during major supply disruptions. The 2011 release addressed Libyan production losses. Another release followed Hurricane Katrina in 2005. Each action aimed to stabilize prices and ensure supply continuity. The current discussions reportedly focus on addressing structural market imbalances. These imbalances have persisted despite previous interventions. Strategic Petroleum Reserve Mechanisms and Capabilities Strategic petroleum reserves operate through complex logistical systems. The United States maintains the world’s largest reserve in underground salt caverns. These caverns provide secure, cost-effective storage. Japan stores reserves in both government and private facilities. European nations utilize a mix of storage methods. Each system enables rapid deployment when needed. The release process involves multiple coordinated steps. First, authorities must determine release volumes and timing. Then, they arrange transportation and distribution logistics. Finally, they coordinate with refiners and distributors. This entire process typically requires several weeks. However, emergency situations can accelerate deployment timelines significantly. Market Impact Analysis and Historical Precedents Previous coordinated releases produced measurable market effects. The 2011 release lowered prices by approximately 8% initially. However, effects often prove temporary without addressing underlying issues. Market fundamentals typically reassert themselves within months. The current situation presents unique challenges. Geopolitical tensions combine with structural supply constraints. Energy analysts monitor several key indicators. These include inventory levels, production rates, and demand forecasts. Current data suggests tightening global supplies. OECD commercial inventories remain below five-year averages. Meanwhile, demand continues recovering post-pandemic. This combination creates conditions for potential price spikes. Global Energy Security Framework and Cooperation The International Energy Agency coordinates emergency response systems. Established after the 1973 oil crisis, the IEA ensures collective action. Member countries must maintain specific reserve levels. They also participate in regular testing exercises. These exercises verify readiness and identify improvement areas. Recent developments have tested this framework extensively. The COVID-19 pandemic disrupted global energy flows. Geopolitical conflicts further complicated supply chains. Climate policies also influence energy security considerations. The transition to renewable energy adds complexity. Policymakers must balance immediate needs with long-term goals. Technical Considerations for Reserve Deployment Emergency releases involve careful technical planning. Authorities must consider oil quality specifications. Different refineries require specific crude grades. Transportation logistics present additional challenges. Pipeline capacity, port facilities, and storage availability all matter. Timing coordination across time zones adds complexity. The quality of released oil significantly impacts effectiveness. Light sweet crude typically commands premium pricing. Heavier sour crudes require more complex processing. Strategic reserves contain various crude types. Matching these to refinery capabilities requires detailed planning. Successful deployments address these technical considerations thoroughly. Economic Implications and Market Reactions Financial markets closely monitor reserve discussions. Oil futures typically react to announcement rumors. Equity markets also respond, particularly energy sectors. Currency markets reflect changing trade balance expectations. These interconnected reactions demonstrate the intervention’s broad impact. Consumer economies benefit from stabilized energy prices. Transportation costs directly affect goods pricing. Manufacturing energy expenses influence production costs. Household energy budgets impact disposable income. Therefore, strategic reserve actions support broader economic stability. Policymakers weigh these benefits against reserve depletion concerns. Conclusion The reported discussions between G7 nations and the International Energy Agency regarding emergency oil reserves highlight ongoing concerns about global energy security. Strategic petroleum reserves remain vital tools for market stabilization. Their potential coordinated deployment reflects the seriousness of current market conditions. Effective management of these reserves requires balancing immediate needs with long-term strategic planning. The global community continues monitoring these developments closely as energy markets navigate complex challenges. FAQs Q1: What are strategic petroleum reserves? Strategic petroleum reserves are government-controlled stockpiles of crude oil and petroleum products maintained for emergency situations. Countries use them to address supply disruptions and stabilize markets during crises. Q2: How much oil do G7 countries hold in emergency reserves? G7 nations collectively maintain over 2 billion barrels of strategic petroleum reserves. The United States holds approximately 714 million barrels, while other members maintain reserves according to their consumption patterns and IEA requirements. Q3: What triggers a coordinated emergency oil release? Coordinated releases typically occur during significant supply disruptions exceeding 7% of global production. The IEA Governing Board makes decisions based on market analysis and member consultations regarding the severity and expected duration of disruptions. Q4: How quickly can emergency oil reserves reach markets? Most strategic reserves can begin reaching markets within 13-15 days of a release decision. The United States Strategic Petroleum Reserve can deliver up to 4.4 million barrels daily once fully operational, with initial deliveries possible within days. Q5: Do emergency oil releases affect long-term prices? Emergency releases typically provide temporary price relief rather than long-term solutions. Historical data shows initial price reductions of 5-10%, but fundamental supply-demand factors usually reassert dominance within several months unless underlying issues are addressed. This post Emergency Oil Reserves: G7 and IEA Consider Unprecedented Joint Release to Stabilize Volatile Markets first appeared on BitcoinWorld .

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‘Bitcoin Is Going to Die’ – The Latest Death Warning Comes from Oscar-Nominated Actor

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The Hollywood actor best known for movies like Hustle & Flow, which secured him an Academy Award nomination, the original Iron Man, and Get Rich or Die Trying, has joined the bitcoin skeptics’ side. In a recent appearance on Patrick Bet-David’s PBD Podcast, he envisioned BTC’s upcoming demise. However, he is not the first, and many, many have been wrong in the past. ‘Bitcoin Is Going to Die’ Bitcoin death proclamations are nothing new, as they have been going left and right ever since the network (and underlying asset) saw the light of day over 17 years ago. Although such strong statements have declined in number lately, there are still some that make it out to the open, and when they are coming from a famous person, especially one not related to the cryptocurrency industry, we have to explore. Howard falls under both categories. While speaking on different investments during the PBD Podcast, he was emphatic, stating: “Bitcoin is going to die, I don’t mess with it.” He explained that he recently received a call from a friend of his who offered him an investment opportunity that would earn him $75,000 if he put down $25 million. However, he failed to provide details on what the investment was or how it was related to bitcoin, as the cryptocurrency itself does not promise such returns. “Bitcoin is still based on fiat, and because the dollar is decreasing in its value, because of the uncertainty of war around. Nobody wants their money in something that can be wiped out with the push of a button somewhere. I’ve stayed clear of it because it has been dropping a great deal,” ends the video on X. Let’s Dissect Aside from the lack of details on the aforementioned investment opportunity, there are some other controversial statements in Howard’s words. First, bitcoin is NOT based on fiat – it’s commonly priced in fiat currencies, but 1 BTC is always 1 BTC. Second, we didn’t really understand the part of “because of the dollar is decreasing and the uncertainty of war around” – perhaps he related that to his last statement that BTC has been dropping a great deal lately. That’s true, the asset trades 50% away from its all-time high seen in October last year. However, it trades around its previous ATH, and the more macro scale shows massive returns for investors. Additionally, BTC tends to move in cycles and now appears to be the bearish period. The part of “nobody wants their money in something that can be wiped out with the push of a button” is also interesting. And wrong. Who is that someone? What’s that button? How can it wipe out BTC? And – ‘nobody wants their money’ in bitcoin? Really? What about the billions in ETF inflows ? Or corporations buying bitcoin as their preferred reserve asset? Or, even governments buying BTC? Anyways, bitcoin is no stranger to being declared dead. In fact, there have been nearly 500 such documented cases during its teenage existence. For now, though, nobody has been correct. Been going to zero since 2009 Terrence, my boy pic.twitter.com/zyQrsi6h2y — Ron Sovereignty Swanson (@RonSwanonson) March 9, 2026 The post ‘Bitcoin Is Going to Die’ – The Latest Death Warning Comes from Oscar-Nominated Actor appeared first on CryptoPotato .

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