CoinDesk 20 performance update: Aave drops 4.3% as all index constituents trade lower
Solana (SOL), down 3.1% since Thursday, joined Aave (AAVE) as an underperformer.
Solana (SOL), down 3.1% since Thursday, joined Aave (AAVE) as an underperformer.
The US Federal Reserve has issued a limited-use master account to Kraken, marking a major pro-crypto shift in policy.
Ethereum is attempting to extend its rebound from the February lows, but the broader structure still reflects a market in recovery mode rather than a confirmed trend reversal. The next sessions should clarify whether this bounce can turn into a sustained move, or if it remains a corrective rally inside a larger downtrend. Ethereum Price Analysis: The Daily Chart On the daily chart, ETH remains within a descending channel and continues to trade below the major moving averages, with both the 100-day MA and the 200-day MA still acting as overhead pressure. This keeps the higher-time-frame bias cautious, as rallies into these dynamic resistance areas often attract supply unless price can reclaim them decisively. From a level perspective, the first meaningful resistance sits around the $2,350 to $2,450 region, which aligns with prior structure and a visible supply area. A clean daily reclaim and hold above that zone would improve the outlook and put the $2,800 to $3,000 region back in play. On the downside, the $1,800 area remains the key demand zone that previously absorbed heavy selling. Losing it on a daily basis would expose the next lower band around $1,500. ETH/USDT 4-Hour Chart The 4-hour chart shows ETH stabilizing after the sharp sell-off, but the price action is still capped by nearby resistance, with $2,150 standing out as the immediate pivot. Recent attempts at that level have been met with rejection, suggesting sellers remain active overhead and that buyers still need stronger follow-through to flip the short-term structure. If ETH can reclaim the $2,150 level and then hold above it, the next upside path would likely target the $2,300-2,400 area first, as the resistance zone from the daily chart. If the rejection continues, however, or the price fails to recover after the recent fake breakout, the focus shifts back to the $1,800 region as a short-term support, and then to the $1,600-$1,500 demand area. A break below that demand zone would materially weaken the consolidation setup and raise the odds of a much deeper continuation lower. Sentiment Analysis Funding rates have turned mildly positive again, indicating leverage is slowly rebuilding on the long side after the capitulation phase. This is a constructive sign if it comes alongside steady price appreciation, since a balanced funding environment often supports healthier continuation rather than fragile, overlevered pumps. That said, the market is still vulnerable around key resistance. If ETH remains capped below $2,150 while funding stays positive, the risk of long positioning becoming crowded increases, which can lead to sharp downside wicks and forced de-risk events. The cleaner bullish scenario is a sustained push above resistance with funding staying controlled, rather than spiking higher, as that would signal demand is driving the move instead of leverage chasing it. The post ETH Price Analysis: Ethereum Risks Dumping Below $2K Again as Momentum Fades appeared first on CryptoPotato .
Vancouver’s plan to add Bitcoin to city reserves was withdrawn due to explicit legal restrictions. Current laws only allow public funds to be invested in traditional, low-risk assets. Continue Reading: Vancouver Council Blocks Bitcoin Reserve Plans Over Strict Legal Barriers The post Vancouver Council Blocks Bitcoin Reserve Plans Over Strict Legal Barriers appeared first on COINTURK NEWS .
Demand is surging for tokenized precious metals that offer more accessibility than their traditional counterparts, with investors seeking 24/7 safe-haven asset availability.
This time last Friday, the tension was building in the Middle Eastern region, but only a handful of people could have predicted how the world would change just hours later. On Saturday morning, Israel and the USA joined forces to launch a military operation against Iran, which began with air strikes. Iran retaliated and continues to do so as the week progressed, even though its Supreme Leader was killed during the first day of the attacks. Since then, the developments on the matter have quickly escalated, with almost a dozen countries already being directly involved, while essentially every nation has felt the consequences in one form or another, especially after the Strait of Hormuz was closed and energy prices skyrocketed. Amid all of this massive geopolitical tension, which began on an off-day for every other financial market aside from crypto, bitcoin’s price has remained stable overall. Well, that’s after the initial Saturday shock when it tumbled by $4,000 to $63,000. It quickly rebounded, recovered all losses, and even headed to new local peaks during the business week. Although there’s no evidence that this war could end soon, BTC surged by $11,000 from its Saturday low to $74,000 on Wednesday. However, it faced an immediate rejection there and now trades around $70,000. This is still roughly 5.5% higher than its price level last week, which is rather surprising given the surging uncertainty. Only a few larger-cap alts have performed better during this timeframe, including HYPE, NEAR, SKY, and MNT. In contrast, ADA, CC, BCH, SHIB, WLFI, and DOT are deep in the red. Market Data Cryptocurrency Market Overview Weekly Mar 6. Source: QuantifyCrypto Market Cap: $2.46T | 24H Vol: $108B | BTC Dominance: 56.9% BTC: $70,000 (+5.6%) | ETH: $2,050(+4.4%) | XRP: $1.38 (+1.4%) This Week’s Crypto Headlines You Can’t Miss Kraken Just Became the First Crypto Company With a Fed Master Account — Why It Matters . The veteran US exchange has secured access to a limited-purpose master account from the US Federal Reserve Bank of Kansas. Kraken Financial can now directly connect to the Fed’s core payment systems and bypass some of the intermediaries that exist when users are trying to deposit/withdraw. Kazakhstan May Sell Gold to Fund $350M Crypto Purchase: Report . The governor of the country’s central bank said they plan to invest up to $350 million in cryptocurrencies or high-tech firms related to the industry. They want to use some of their current investments, such as gold and foreign exchange reserves, to do so. NYSE Parent Company Invests in OKX at $25 Billion Valuation . Intercontinental Exchange, the behemoth behind the New York Stock Exchange, acquired a minority stake in the popular cryptocurrency trading platform, OKX. This puts the latter’s valuation at an impressive $25 billion after the latest investment round. Ray Dalio Dismisses Bitcoin’s Safe-Haven Narrative, Rejects Comparisons to Gold . Despite BTC’s better performance since the tension in the Middle East skyrocketed, billionaire Ray Dalio dismissed its potential to serve as a safe-haven narrative and praised gold once again. $1 Billion Floods Back Into Crypto Funds, Snapping Five-Week $4B Bleed . The previous business week snapped a five-week red streak in which investors pulled out around $4 billion from crypto-related funds. Instead, they poured around $1 billion in the span of five business days. Justin Sun ‘Very Pleased’ With $10 Million SEC Settlement . Nearly three years after he and some of his companies were sued by the US SEC, Justin Sun announced that the claims were dismissed after he reached a $20 million settlement with the regulator. The post Bitcoin Price Returns to $70K Despite Growing Tension in the Middle East: Your Weekly Crypto Recap appeared first on CryptoPotato .
Cryptocurrency markets often react dramatically when regulation shifts from uncertainty to clarity. For years, institutional investors have pointed to unclear regulatory frameworks as one of the biggest barriers preventing large-scale capital from flowing into digital assets. Whenever policymakers move toward clearer rules, speculation about a potential influx of institutional money quickly intensifies across the crypto industry. Crypto commentator Kenny Nguyen recently sparked fresh debate about this possibility in a post on X. Nguyen linked XRP’s long-term potential to upcoming regulatory developments in the United States and suggested that a major legislative breakthrough could significantly reshape the digital asset market. Regulatory Clarity Could Unlock Institutional Capital Nguyen specifically pointed to the proposed “Clarity Act,” legislation designed to establish clearer rules for how cryptocurrencies operate within the U.S. financial system. The bill aims to define regulatory responsibilities between agencies and provide guidance for companies building blockchain-based products. $50-$100 XRP IS RESONABLE TO ME BY THE END OF THIS YEAR.. AFTER PRESIDENT TRUMP SIGNS THE CLARITY ACT INTO LAW.. 34T DOLLARS ARE SITTING AT THE SIDELINES FOR THIS TO PASSED.. — Kenny Nguyen (@mrnguyen007) March 6, 2026 According to Nguyen, the passage of such legislation could unlock an enormous pool of institutional capital that has remained on the sidelines due to regulatory uncertainty. He argued that if U.S. President Donald J. Trump were to sign the bill into law, the resulting clarity could encourage major financial institutions to allocate funds to digital assets. While claims about the exact amount of sidelined capital vary, industry analysts broadly agree that clearer regulation could encourage greater participation from hedge funds, asset managers, and traditional financial institutions. XRP’s Unique Position in the Regulatory Debate XRP frequently appears at the center of conversations about crypto regulation due to its long-running legal battle with the U.S. Securities and Exchange Commission. That case concluded in August 2025 after both Ripple and the SEC withdrew their appeals, bringing years of litigation to a final close. The legal resolution removed a significant cloud of uncertainty that had weighed on XRP since 2020. Many supporters believe that the conclusion of the case could open the door for broader institutional engagement with the asset. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The XRP Ledger itself continues to evolve as developers expand its functionality. The network already enables fast and inexpensive transactions, typically settling payments within seconds. In addition to payments, developers have introduced features supporting tokenization, decentralized exchange functionality, and non-fungible tokens. Expanding Infrastructure Around XRP Ripple, the blockchain company closely associated with XRP’s enterprise adoption strategy, continues to develop new financial infrastructure. In December 2024, Ripple launched RLUSD, a U.S. dollar-backed stablecoin designed to support liquidity across blockchain-based financial systems. The company also made some infrastructural acquisitions in 2025 ; all these and recent developments around the XRP ledger increase optimism about XRP’s market value. Ambitious Price Targets Spark Debate Nguyen’s projection that XRP could reach $50-$100 reflects the optimism shared by many in the XRP community. However, such projections remain highly speculative and depend on multiple factors, including market demand, macroeconomic conditions, and continued ecosystem adoption. For now, XRP continues to trade well below its all-time high of $3.84 recorded during the 2018 bull market. Even so, ongoing regulatory developments and expanding blockchain infrastructure ensure that the asset remains closely watched by investors across the crypto landscape. 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 Pundit Says $50-$100 Is Reasonable By the End of the Year if Trump Makes This Happen appeared first on Times Tabloid .
At 8:30 a.m. EST, bitcoin traded at $69,926 on March 6, 2026, with a market cap of roughly $1.39 trillion and about $48 billion in 24-hour trading volume. The session’s intraday band ranged from $69,732 to $72,956, leaving price pinned near the middle of a tightening consolidation range where buyers defend the $69,000 area while
Amid a broader bearish trend, Shiba Inu lies at a crucial support area, and how it reacts will determine its next price direction. Shiba Inu sits at a critical price level, following a failed attempt to move higher. Visit Website
AI predictions from Grok and ChatGPT have provided insights into how high the Shiba Inu price could rise if Dogecoin hits $10. Notably, such rallies would put the market caps of these meme coins at levels that would need the crypto market cap to reach trillions of dollars for DOGE and SHIB to reach these price levels. AI Predicts How High Shiba Inu Price Could Reach If Dogecoin Hits $10 Grok made two predictions about how high the Shiba Inu price could reach if Dogecoin hits $10, based on percentage-gain and market-cap-ratio scenarios. A rally to $10 for DOGE is a 105x gain from its current price level. This means that SHIB could rise from its current price level to around $0.00058 if it mirrors a similar percentage gain. This would also give SHIB a market cap of around $340 billion based on its circulating supply of 589 trillion coins. Related Reading: Is It Time To Give Up On Dogecoin And Shiba Inu? On-Chain Metrics Has Answers ChatGPT also drew the same conclusion, predicting that the Shiba Inu price could rally to $0.0005967 if it grew at the same rate as Dogecoin during its rally to $10. Grok noted that both meme coins could grow at the same rate because they often move in tandem as they are leading meme coins with overlapping communities. Notably, both meme coins also share a positive price correlation of between 0.78 and 0.83. Meanwhile, for the market cap ratio scenario, Grok noted that this is more grounded as SHIB has a far higher supply than Dogecoin. SHIB’s current market cap is $3.26 billion, while DOGE’s is $14.3 billion. A rally to $10 would give Dogecoin a $1.5 trillion market cap. If SHIB were to capture 10% of this projected market cap, then the Shiba Inu price could reach a market cap of $150 billion, which equates to a price target of $0.00025. Furthermore, the Shiba Inu price could rally to $0.00063 if it captures 25% of Dogecoin’s projected $1.5 trillion market cap. Meanwhile, it would reach $0.00127 and $0.0025 if it captures 50% and 100% of the market cap, respectively. Factors That Affect Such Bullish Momentum Grok noted that SHIB’s supply of around 589 trillion tokens makes it harder for the Shiba Inu price to reach such high valuations than Dogecoin, which has an infinite but slower inflation. As such, Shiba Inu will need extreme burns for it to reach these high price targets. Notably, SHIB burns have slowed in recent times due to low demand amid the crypto market downtrend. Related Reading: Dogecoin Vs. Shiba Inu: What Meme Coin Should You Buy For Most Returns In 2026? Grok also mentioned that meme coins are volatile and sentiment-driven and that Elon Musk’s tweets, broader crypto bull runs, or hype can cause outsized moves. However, for Dogecoin to reach $10, the AI warned that the meme coin would need unprecedented adoption or utility. Also, the AI noted that past bull runs are no guarantee of how high DOGE and Shiba Inu prices could rise, as correlations can break across different market phases. Featured image from Adobe Stock, chart from Tradingview.com