Author: James Wilson
Robinhood’s February data show crypto notional volumes up 9% to $25b while equity, options and event contracts shrink, proving speculative energy has rotated back into coins. Summary Crypto notional trading hit $25.0b in February, up 9% month‑on‑month and 74% year‑on‑year, with $9.4b on the app and $15.6b routed through Bitstamp. Equity notional volume fell to $194.4b, down 14% from January, while options contracts slipped 10% to 180.3m, underscoring cooling risk appetite outside coins. Event contracts plunged 29% versus January, signalling that speculative flow is rotating away from Robinhood’s prediction markets and back into volatile crypto names. Robinhood’s February numbers are…
Whale wallets ramp up Bitcoin buying as price hovers around $71K, according to on-chain data published by Santiment. Summary Bitcoin whales resumed accumulation after two weeks of selling. BTC gained 2.4% while the S&P 500 fell 2.2% over five weeks. Long-term holder MVRV at -25% signals potential accumulation zone. Wallets holding between 10 and 10,000 BTC reversed course from active selling to net accumulation roughly two weeks ago. The reversal comes as Bitcoin holds gains against a weakening S&P 500. Over the past five weeks, the S&P 500 fell approximately 2.2%, while Bitcoin gained 2.4%. Gold rose 3.7% over the…
The Ethereum Foundation has sold 5,000 ETH to publicly traded treasury firm BitMine Immersion Technologies in an over-the-counter deal worth just over $10.2 million. Summary The Ethereum Foundation offloads 5,000 ETH to BitMine as price climbs above $2K The OTC transaction was priced at an average of $2,042.96 per coin ETH is up 8.2% over the past seven days and 2.6% in the past 24 hours The Ethereum Foundation offloads 5,000 ETH to BitMine as the price climbs above $2K, with the transaction priced at an average of $2,042.96 per coin. 0/ Today, the Ethereum Foundation finalized the terms of…
Bitcoin price is once again testing the upper boundary of its trading range near $72,000, where selling pressure has historically emerged. Summary Range Resistance: Bitcoin is struggling to break above the $72,000 range high. Rejection Signal: A developing daily wick suggests weakening bullish momentum. Downside Risk: A confirmed rejection could rotate price toward $50,000 support. Bitcoin’s (BTC) price action is currently positioned at a technically significant inflection point as the asset trades near the upper boundary of its established trading range. The $72,000 region has repeatedly acted as strong resistance on the daily timeframe, preventing sustained bullish continuation. While Bitcoin has attempted to…
Ultra‑short crypto bets on Polymarket and Kalshi now drive most crypto volume, blurring hedging and gambling as AI bots, HFT firms and retail chase five‑minute wins. Summary Polymarket and Kalshi list five‑ to 15‑minute “up‑down” contracts on BTC, ETH and other coins that already account for more than half of their crypto trading. Retail users lean on AI agents to scrape data and output odds, while HFT firms exploit latency gaps and rich fees as platforms tweak microstructure to curb bots. Regulators still call these tools “hedging” and “portfolio management,” but critics – including Vitalik Buterin – warn prediction markets…
In this week’s edition of the weekly recap, Token2049 organizers postponed the Dubai edition until 2027 citing safety concerns from escalating Iran-Israel-U.S. tensions, Robinhood reported February crypto notional volumes increased 9% to $25 billion and the Ethereum Foundation published a formal mandate establishing its role as steward of a censorship-resistant, privacy-first protocol. Summary Token2049 Dubai postponed to 2027 due to Iran–Israel tensions. Robinhood crypto trading volume rose to $25B in February. Ethereum Foundation published a formal censorship-resistant mandate. Token2049 Dubai delayed amid regional conflict Event organizers postponed the Dubai edition until 2027 after citing safety concerns linked to rising geopolitical…
Solana price has rejected a key resistance zone near $90, signaling the potential continuation of an ABC corrective structure. Summary Key Resistance: $90 aligns with high-timeframe resistance and the value area high. ABC Correction: Rejection suggests the C-leg of a corrective structure may be underway. Support to Watch: A break below $81 could open downside toward the value area low. Solana’s (SOL) recent price action suggests the market may be entering a corrective phase following a clear rejection from the upper boundary of its trading range. The $90 region has acted as a significant high-timeframe resistance zone, aligning with the value area high…
Summary Token2049 Dubai has been postponed to April 21–22, 2027 due to regional tensions impacting safety, travel, and logistics. The move follows the cancellation of the TON Gateway in Dubai by The Open Network. Ticket holders can transfer passes to the Singapore event or use them in 2027, while refund eligibility has not yet been clarified. The Dubai edition of Token2049 has been postponed until 2027 after organizers cited safety concerns linked to rising geopolitical tensions due to the Iran-Isreal-US war. The decision follows the cancellation of another major industry gathering, the TON Gateway event, which had also been scheduled…
The U.S. Court of Appeals for the Tenth Circuit has rejected an effort by Custodia Bank to revive its legal challenge against the Federal Reserve over access to the U.S. banking system. In a March 13 decision, the appellate court voted 7–3 against rehearing the case en banc, leaving intact an earlier ruling issued in October. Court decision in Custodia Bank vs. Federal Reserve case That decision held that regional Federal Reserve banks have the authority to decide whether financial institutions receive a so-called “master account,” which provides direct access to the central bank’s payment infrastructure. Master accounts allow banks…
Summary French Hill said the CLARITY Act could resolve issues left open by the GENIUS Act. Hill noted the House passed the CLARITY Act with bipartisan backing, including 78 Democratic votes. Lawmakers aim to ensure equal rules for bank and nonbank stablecoin issuers, Hill said. French Hill, chair of the U.S. House Financial Services Committee, said the CLARITY Act could help address unresolved issues in the GENIUS Act. French Hill remarks on CLARITY and GENIUS Acts Hill discussed concerns raised by banks about how crypto firms may be regulated under the proposed framework, according to a Fox Business interview. The…