Japanese PM Sanae Takaichi said she had no knowledge of the token, as Kyodo reported the FSA is considering whether unregistered operators were involved.
Bitcoin has returned to an extreme technical zone that has historically marked major cycle bottoms for the BTC price. According to crypto analyst @DurdenBTC, the Harmonic Oscillator has now printed its lowest possible reading, a level that previously preceded outsized one-year gains. The signal raises a direct question: Does history imply that Bitcoin is positioned to double from here? Bitcoin Harmonic Oscillator Signals BTC Price Could More Than Double A chart shared by the analyst highlights a striking signal for Bitcoin, showing the Harmonic Oscillator at -100, the lowest point on its long-term decaying price range, which spans from -100 to +100. This “Capitulation” zone marks periods when BTC trades far below its harmonic center and historical equilibrium, signaling extreme market pessimism. Related Reading: XRP Price About To Enter ‘Face-Melting Phase’, And The Target Is $27 Historically, every time the oscillator has hit this level—late 2011, early 2015, late 2018, March 2020, and late 2022—Bitcoin reached major cycle lows before entering strong upward trends. The chart quantifies this pattern, showing a median one-year return of +135% from the capitulation zone, with a 100% success rate across all recorded signals. For traders, this suggests that the BTC price could more than double over the next year if history repeats itself. The chart also contrasts other zones in the oscillator, illustrating the model’s cyclical reliability: the “Undervalued” zone historically produced +77% median returns, “Equilibrium” and “Overheated” zones delivered smaller gains, and the “Euphoria” band at the top often led to negative returns. In essence, the chart emphasizes that Bitcoin’s current capitulation reading may mark a rare opportunity for a major rally. By connecting extreme market lows with historically consistent gains, the oscillator provides traders a clear framework for anticipating BTC’s next potential cycle. Bearish Trend Model Meets A Generational Buy Signal Although the oscillator has a strong historical record, @DurdenBTC notes that his broader trend system currently leans bearish. This creates a tension between momentum-based trend signals and the oscillator, which indicates extreme undervaluation. The oscillator works on a damped harmonic model, where price moves around a rising long-term center line while volatility gradually compresses. Related Reading: XRP Daily Liquidity Is Pointing To A Rally To $4, Analyst Explains What’s Going On The chart shows Bitcoin trading below its harmonic center and fair value, with a negative deviation reinforcing the capitulation signal. A 90-day inset highlights a sharp drop to this lower boundary. Meanwhile, the two-year fair value estimate remains well above the current price, showing a significant gap between current levels and the modeled equilibrium. The oscillator also shows that cycle energy has reset to lower levels, similar to previous macro bottoms. Historically, these resets marked the shift from decline into accumulation phases. This does not mean price will immediately reverse, but statistically, readings like this have marked generational buying opportunities. While the analyst maintains a cautious stance aligned with the bearish trend, the -100 oscillator reading represents one of the most asymmetric setups in Bitcoin’s cycle history. Featured image created with Dall.E, chart from Tradingview.com
Cardano founder Charles Hoskinson has openly criticized Ripple Labs CEO Brad Garlinghouse for supporting the Clarity Act in its current form. In an interview with Memes and Markets, the ADA founder stated that he gave up on the Clarity Act to unlock crypto innovation in the United States. As such he called out Garlinghouse for supporting the Clarity Act amid its debate in the U.S. Senate. “You climbed up the ladder and you pulled the ladder up so no one else can climb up with you,” he stated during the Mems Market interview on March 2, 2026. Cardano’s Hoskinson counters Ripple’s support for the Clarity Act Hoskinson has repeatedly highlighted that the Clarity Act in its current form heavily undermines crypto growth in the United States. Furthemore, he believes that the Clarity Act in its current form will force the U.S. Commodity Futures Trading Commission (CFTC) to act like the U.S. Securities and Exchange Commission (SEC). “We can’t have a system where you start as a security as a default. You’ll never get liquidity, you’ll never get listing, you’ll never accumulate a user base, and you can’t fundraise,” Hoskinson noted. Meanwhile, in a recent interview with Fox Business , Garlinghouse reiterated Ripple’s support for the Clarity Act. He urged the crypto leaders, led by Coinbase CEO Brian Armstrong, to avoid perfection as it will kill a good bill. Notably, Garlinghouse helped XRP achieve regulatory clarity in the United States through a court process, which resulted in the SEC acknowledging that it is not a security. What’s David Schwartz’s stance? In response to Hoskinson’s criticism, former Ripple Chief Technology Officer (CTO) David Schwartz defended Garlinghouse’s move to support the Clarity Act. According to Schwartz, Ripple’s Garlinghouse supports crypto legalization but remains keen to get the best from the Clarity Act. “Personally, I do think a sub-optimal bill is better than no bill at all. But it also makes sense to fight for the best bill we think we can get,” Schwartz stated . What’s next for the crypto market structure bill? Under the directive of President Donald Trump, Patrick Witt, the President’s Council of Advisers for Digital Assets, urged the banks to reciprocate and strike a deal on the stablecoin yield. Already, the March 1 deadline for banks and crypto to bridge the gap on stablecoin rewards, has passed with no compromise. Featured image via Messari YouTube The post Cardano founder Charles Hoskinson takes aim at Ripple CEO in new interview appeared first on Finbold .
Bitcoin ETF products have recorded their first inflow this month with an almost uniform contribution.
Ethereum is on the verge of something it has never experienced before: a seventh consecutive red month and that is fueling bearish price prediction. For an asset of this size and history, that kind of streak carries psychological weight. It is not just about price drifting lower, it is about confidence slowly eroding as each monthly close reinforces the downtrend. Large holders have played a major role in shaping that pressure. Wallets holding between 100K and 1M ETH have been steadily reducing exposure, using relief rallies to distribute rather than accumulate. That persistent supply has kept upside attempts muted and sentiment fragile. When whales derisk, the rest of the market tends to tread carefully. Yet beneath the surface, a very different story is unfolding. Source: RWA While ETH struggles on the chart, Ethereum’s Real World Asset sector has surged past $15 billion in total value locked. Tokenized Treasuries, gold products like PAXG and XAUT, and institutional vehicles such as BlackRock’s BUIDL fund are expanding rapidly on-chain. That divergence is what makes this moment so tense. Price action suggests exhaustion and potential capitulation, but network adoption is accelerating. Ethereum Price Prediction: Can ETH Price Catch Up? Technically, Ethereum is compressing around the $2,150 zone, which now acts as a decisive structural level. A confirmed weekly break below it would validate a larger bearish formation and expose the $1,320 region as a downside target. Source: ETHUSD / TradingView However, repeated defenses of this support leave room for a reversal scenario. If buyers reclaim $2,400 and push through $2,500, the bearish setup weakens significantly and opens the door for a squeeze higher. Discover : The best new crypto in the world The post Ethereum Price Prediction: Whales Drive 7th Red Month While RWA Sector Hits $15B Record appeared first on Cryptonews .
BitcoinWorld Bybit Launches “Earn Carnival” Campaign With Up to 12% APR Opportunities and 2.5 Million USDT Prize Pool Dubai, UAE, March 3rd, 2026, Chainwire Bybit , the world’s second-largest cryptocurrency exchange by trading volume, has introduced the Earn Carnival campaign , offering eligible users enhanced earning opportunities across selected Earn products tied to USDT and XAUT, alongside a total prize pool of 2,500,000 USDT. The campaign is designed to support users seeking yield on both stablecoin holdings and tokenized assets through a range of products available on Bybit Earn. Rewards under the Earn Carnival are allocated on a first-come, first-served basis, subject to eligibility and applicable terms. As part of the campaign, Bybit is offering a boosted annual percentage rate of up to 10 percent on BYUSDT flexible savings. BYUSDT represents a tokenized USDT position that can be used for flexible savings while also serving as trading collateral with a 100 percent collateral value ratio under the Unified Trading Account. During the campaign period, the personal APR cap for BYUSDT has been increased from 10,000 USDT to 100,000 USDT. The Earn Carnival also features enhanced returns through Mantle Vault , a product designed to provide on-chain yield opportunities with a focus on flexibility and risk management. Participants can receive up to an additional 4 percent APR on top of the standard USDT rate for Mantle Vault, with no personal cap applied during the campaign. In addition, Bybit is expanding earning options for XAUT, a tokenized gold asset, allowing users to diversify beyond crypto-native exposure. Under the campaign, a fixed-term XAUT product offers up to 12 percent APR over a 21-day period , while a flexible XAUT Easy Earn product provides up to a 10 percent bonus APR with a minimum investment of 0.05 XAUT. Participation in the Earn Carnival is limited to users who have completed Individual Identity Verification Level 1 or Business Verification and who are eligible to access Bybit Earn services. Availability may vary by jurisdiction, and users from restricted or service-restricted countries are excluded in accordance with legal and regulatory requirements. #Bybit / #CryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit’s Communities and Social Media Contact Head of PR Tony Au Bybit media@bybit.com This post Bybit Launches “Earn Carnival” Campaign With Up to 12% APR Opportunities and 2.5 Million USDT Prize Pool first appeared on BitcoinWorld .
Dubai, UAE, March 3rd, 2026, Chainwire Bybit , the world’s second-largest cryptocurrency exchange by trading volume, has introduced the Earn Carnival campaign , offering eligible users enhanced earning opportunities across selected Earn products tied to USDT and XAUT, alongside a total prize pool of 2,500,000 USDT. The campaign is designed to support users seeking yield on both stablecoin holdings and tokenized assets through a range of products available on Bybit Earn. Rewards under the Earn Carnival are allocated on a first-come, first-served basis, subject to eligibility and applicable terms. As part of the campaign, Bybit is offering a boosted annual percentage rate of up to 10 percent on BYUSDT flexible savings. BYUSDT represents a tokenized USDT position that can be used for flexible savings while also serving as trading collateral with a 100 percent collateral value ratio under the Unified Trading Account. During the campaign period, the personal APR cap for BYUSDT has been increased from 10,000 USDT to 100,000 USDT. The Earn Carnival also features enhanced returns through Mantle Vault , a product designed to provide on-chain yield opportunities with a focus on flexibility and risk management. Participants can receive up to an additional 4 percent APR on top of the standard USDT rate for Mantle Vault, with no personal cap applied during the campaign. In addition, Bybit is expanding earning options for XAUT, a tokenized gold asset, allowing users to diversify beyond crypto-native exposure. Under the campaign, a fixed-term XAUT product offers up to 12 percent APR over a 21-day period , while a flexible XAUT Easy Earn product provides up to a 10 percent bonus APR with a minimum investment of 0.05 XAUT. Participation in the Earn Carnival is limited to users who have completed Individual Identity Verification Level 1 or Business Verification and who are eligible to access Bybit Earn services. Availability may vary by jurisdiction, and users from restricted or service-restricted countries are excluded in accordance with legal and regulatory requirements. #Bybit / #CryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit's Communities and Social Media ContactHead of PRTony AuBybitmedia@bybit.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Bitcoin pulled back from Monday’s peak near $70,000 as geopolitical and economic headwinds hold a recovery rally in check.
Iranian crypto exchange outflows spiked 700% to nearly $3 million immediately following coordinated US and Israeli military strikes, according to a blog post by blockchain analytics firm Elliptic. The surge was detected on Iran’s largest exchange, Nobitex, suggesting a rapid flight to safety as users rushed to move assets off-platform and into overseas exchanges, in capital flight maneuvers that could be bypassing traditional banking systems. This behavior signals acute distress in the local market, with capital potentially bypassing the domestic banking system entirely. With the Iranian regime’s internet restrictions collapsing trading volumes by 80% , the value leaving exchanges indicates Iranian crypto speculation is over for now. Key Takeaways: Nobitex outflows surged 700% immediately after military strikes began. USDT trading pairs were suspended by central bank order, freezing liquidity. On-chain data shows 5.9% of volume is now linked to illicit or sanctioned activity. Iranian Exchange Outflow Deep Dive: 700% Spike Defies Volume Collapse Data from Elliptic reveals that net outflows on Nobitex, the country’s largest exchange, jumped 700% in the 48 hours following the strikes. Source: Elliptic This massive exit occurred despite a wider collapse in market activity. Transaction volumes across Iranian platforms fell by roughly 80% between Feb. 27 and March 1 due to severe internet restrictions. Bitcoin rebounded after the Iran strike shock , erasing losses quickly on global markets, but local Iranian traders did not wait for price discovery. They moved immediately to secure assets. TRM Labs attributes the volume drop to “mechanical access limitations” rather than a collapse of market infrastructure. However, the simultaneous spike in withdrawals suggests that those who could access the network prioritized capital extraction over trading. If these outflows sustain at current levels, domestic exchanges face a liquidity crisis. Users are effectively draining the order books, moving capital flow from centralized venues to decentralized wallets that are harder for local authorities to seize and harder for global regulators to track. Discover: The best pre-launch crypto sales USDT Sanctions Risk and Illicit Volume Signal: Is Tether the Next Target? The primary bridge for this capital flight is Tether (USDT). Recognizing this, Iran’s central bank directed major platforms, including Nobitex and Wallex, to temporarily suspend trading of the USDT/toman pair. This move effectively severed the main link between the domestic fiat currency and the global crypto economy. Given its deep liquidity and dollar peg, USDT is the preferred vehicle for sanctions evasion and illicit flows Source: Elliptic This concentration of risk draws a target on Iran’s crypto infrastructure. Global regulators, particularly OFAC, are increasingly sophisticated at mapping on-chain relationships between exchanges and sanctioned entities. The suspension of USDT pairs suggests Tehran is aware of the vulnerability. If sanctions enforcement tightens on Tether rails, Iranian exchanges could be cut off from global liquidity pools entirely. This would force flows into less transparent, peer-to-peer shadow banking networks, complicating compliance for every major exchange worldwide. Macro Implication: Failure of Control vs. Risk of Isolation The situation presents a binary outcome for the region’s crypto market. If tensions escalate, the oil price impact from the Iran war could further devalue the rial, driving a second, more desperate wave of capital flight into crypto assets. This would likely trigger aggressive secondary sanctions from the U.S. targeting any protocol or platform facilitating these flows. On the other hand, if internet restrictions ease and the central bank restores USDT pairings, the market may return to the “risk containment mode” observed by TRM Labs. However, the 700% outflow spike has already signaled that confidence in domestic platforms is fragile. The implications for global traders are clear: liquidity in the region is becoming increasingly toxic, and compliance firewalls need to be higher than ever. Discover: The best meme coins in crypto The post Iranian Exchange Outflows Jump 700% as USDT Sanctions Alert Intensifies appeared first on Cryptonews .
BitcoinWorld AUD/USD Faces Critical Test: Australian Dollar Hovers Near Support as GDP Data Looms SYDNEY, Australia – The Australian Dollar faces mounting pressure against the US Dollar as it tests crucial technical support levels, with currency traders worldwide shifting their focus toward Wednesday’s pivotal Gross Domestic Product release. Market participants witnessed the AUD/USD pair attract fresh selling pressure during Tuesday’s European session, extending its steady intraday descent after failing to sustain momentum above the 0.7120-0.7125 resistance zone. This movement represents a significant test of the currency pair’s recent trading range, potentially signaling broader market sentiment shifts ahead of fundamental economic data. AUD/USD Technical Analysis: Support Levels Under Scrutiny The Australian Dollar’s recent price action reveals important technical dynamics. Market analysts observe the currency pair testing the lower boundary of its established trading range. Specifically, the 0.7080-0.7100 zone represents critical support that has contained declines through recent sessions. A decisive break below this level could trigger accelerated selling pressure toward the 0.7050 handle. Conversely, sustained defense of this support area might signal underlying strength ahead of the GDP release. Technical indicators provide additional context for this market movement. The Relative Strength Index currently hovers near neutral territory, suggesting neither overbought nor oversold conditions. Meanwhile, moving averages present a mixed picture, with short-term averages converging near current price levels. This technical setup typically precedes significant directional moves, making the upcoming economic data particularly consequential for trend development. Economic Context: Australia’s Growth Metrics in Focus Australia’s economic performance remains central to the Australian Dollar’s valuation. The Reserve Bank of Australia has maintained a cautious monetary policy stance throughout 2024, balancing inflation concerns against growth objectives. Recent economic indicators present a nuanced picture of the Australian economy. Employment data shows resilience in labor markets, while consumer spending patterns reveal some moderation in household consumption. International trade dynamics significantly influence the Australian Dollar’s trajectory. Australia maintains substantial export relationships with China, its largest trading partner. Commodity price fluctuations, particularly in iron ore and natural gas, directly impact trade balance calculations. These external factors combine with domestic economic conditions to shape the currency’s fundamental valuation framework. Comparative Analysis: Global Currency Movements The US Dollar’s simultaneous strength contributes to the AUD/USD dynamic. Federal Reserve policy expectations continue to drive USD valuations across currency markets. Recent comments from Federal Reserve officials suggest ongoing concerns about inflation persistence, potentially delaying anticipated rate cuts. This monetary policy divergence between the RBA and Fed creates natural pressure on the Australian Dollar relative to its US counterpart. Other major currency pairs provide relevant context for AUD/USD movements. The Euro and Japanese Yen have experienced similar pressures against the strengthening US Dollar. This broader dollar strength suggests systemic factors beyond Australia-specific conditions. However, the Australian Dollar’s commodity-linked characteristics differentiate its response patterns from other major currencies. Market Psychology and Positioning Ahead of GDP Release Currency traders exhibit cautious positioning before Wednesday’s economic data release. Options market activity shows increased demand for protection against significant moves in either direction. This hedging behavior reflects uncertainty about the GDP outcome and its potential market impact. Institutional positioning data reveals reduced net long Australian Dollar positions compared to previous months, suggesting tempered optimism among professional traders. Historical patterns provide context for potential market reactions. Previous Australian GDP releases have triggered average daily moves of approximately 0.8% in the AUD/USD pair. The magnitude and direction of reaction typically correlate with the deviation from consensus forecasts. Market participants particularly watch for surprises in household consumption and business investment components, as these elements significantly influence monetary policy expectations. Expert Perspectives on Key Risk Factors Financial analysts identify several interconnected risk factors affecting the Australian Dollar. Global growth concerns represent the primary external risk, particularly regarding Chinese economic performance. Domestically, housing market conditions and household debt levels warrant monitoring for their potential economic impact. Climate-related factors, including agricultural production and energy exports, introduce additional volatility considerations for Australia’s economic outlook. Monetary policy expectations remain crucial for currency valuation. The RBA’s reaction function to incoming data will determine interest rate differentials against other major economies. Current market pricing suggests modest expectations for policy adjustments in either direction, leaving the Australian Dollar sensitive to data surprises that might alter these expectations. Technical Support and Resistance Framework The AUD/USD pair operates within a clearly defined technical framework. Key support and resistance levels create natural boundaries for price action. The following table summarizes critical technical levels for traders: Level Type Price Zone Significance Immediate Resistance 0.7120-0.7125 Tuesday’s high and recent rejection area Primary Support 0.7080-0.7100 Range support tested in European session Secondary Support 0.7050-0.7060 Previous reaction low and psychological level Major Resistance 0.7150-0.7160 Recent range high and 50-day moving average Market participants monitor these technical levels for potential breakout signals. A sustained move beyond these boundaries typically requires fundamental catalysts, making the upcoming GDP data particularly significant for near-term direction. Historical Performance Patterns Around Economic Releases Analysis of previous Australian GDP releases reveals consistent market behavior patterns. The Australian Dollar typically experiences increased volatility during the 24-hour period surrounding the data publication. Directional moves often extend beyond the initial reaction as markets digest data components and implications. Trading volumes frequently spike during this period, reflecting heightened participation from both algorithmic and discretionary traders. Seasonal factors occasionally influence market reactions. The current quarter’s data arrives during a period of typical year-end positioning adjustments. This timing consideration might amplify or dampen the usual market response patterns. Historical analysis suggests that surprise elements in business investment data tend to generate more sustained currency movements than consumption figures alone. Global Macroeconomic Backdrop Considerations The broader global economic environment provides essential context for Australian Dollar movements. Central bank policies across major economies create relative valuation pressures. Commodity price trends influence Australia’s terms of trade, directly affecting national income calculations. Geopolitical developments and trade relationship dynamics introduce additional complexity to currency forecasting models. Risk sentiment indicators offer complementary insights for currency analysis. Equity market performance, credit spreads, and volatility measures all correlate with Australian Dollar movements to varying degrees. The currency’s traditional classification as a risk-sensitive asset means these broader market conditions frequently override domestic considerations during periods of global financial stress or exuberance. Conclusion The Australian Dollar faces a critical technical and fundamental test as it approaches key support levels against the US Dollar. Wednesday’s GDP data release represents the immediate catalyst that could determine whether the AUD/USD pair maintains its current trading range or breaks toward new valuation territory. Market participants must consider both domestic economic fundamentals and global monetary policy dynamics when assessing potential outcomes. Technical support near 0.7080-0.7100 provides the immediate battleground, with a decisive break potentially triggering accelerated moves in either direction. The coming sessions will reveal whether the Australian Dollar can defend these crucial levels or succumb to broader dollar strength and domestic economic concerns. FAQs Q1: What time is Australia’s GDP data released? The Australian Bureau of Statistics typically releases quarterly GDP data at 11:30 AM Australian Eastern Daylight Time (AEDT). International traders can convert this to their local time zones for trading preparation. Q2: How does Australian GDP data affect the AUD/USD pair? Stronger-than-expected GDP growth typically supports the Australian Dollar, while weaker data often pressures the currency. The magnitude of reaction depends on how much the actual figure deviates from market consensus forecasts. Q3: What other economic indicators influence the Australian Dollar? Employment data, inflation figures, retail sales, trade balance statistics, and commodity prices all significantly impact AUD valuation. The Reserve Bank of Australia’s monetary policy decisions represent particularly important drivers. Q4: Why is the 0.7080-0.7100 level important for AUD/USD? This price zone represents established technical support that has contained declines during recent trading sessions. A break below this level could signal deteriorating sentiment and potentially trigger further selling pressure. Q5: How does US economic data affect the AUD/USD pair? US economic indicators influence Federal Reserve policy expectations, which directly affect the US Dollar’s value. Strong US data typically strengthens the USD against most currencies, including the Australian Dollar, through interest rate differential mechanisms. This post AUD/USD Faces Critical Test: Australian Dollar Hovers Near Support as GDP Data Looms first appeared on BitcoinWorld .