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Shares of Circle (CRCL), the crypto firm behind the USDC (USDC) stablecoin, could add to their recent remarkable surge, according to analysts at brokerage Bernstein.The team, led by Gautam Chhugani, rate the stock at outperform with a $190 price target, suggesting about 60% upside from current $120 level. And that’s after the stock rallied more than 100% in the past few weeks following an earnings beat, which likely triggered a short squeeze.Bernstein’s thesis centers on stablecoin adoption increasingly diverging from the broader crypto market.Circle’s USDC supply briefly fell after the October liquidity shock in crypto markets but has since rebounded…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Recent movements in XRP have left some traders underwhelmed, particularly as many remain focused on its day-to-day price swings. However, one market analyst suggests that these short-term fluctuations can be misleading. By stepping back and examining the monthly chart instead, the analyst argues that a clearer and more bullish market structure begins to emerge. Short-Term XRP “Noise Recently, crypto analyst @Jaydee_757 took to X to highlight what he sees as a common mistake in how traders interpret XRP price movements. His argument centers on the tendency to…
About $27 million was liquidated on the decentralized lending platform Aave over the last 24 hours, in what some market participants say may have been caused by a temporary pricing issue involving the token wstETH.Blockchain data flagged by risk-management firm Chaos Labs shows a spike in liquidations in the past 24 hours. Some observers believe the event may have been linked to a price update in an oracle system that Aave uses to determine the value of collateral.(AAVE liquidations over last 24 hours/ Chaos Labs)Oracles are services that feed price data from the outside world into blockchain applications. Lending protocols…
Bitcoin (BTC) is showing technical warning signs that have caught the attention of market watchers, with one analyst now predicting a dramatic price collapse in the world’s largest cryptocurrency. The analyst noted that a Bitcoin candlestick pattern that previously preceded a devastating crash to below $20,000 has reappeared on the weekly chart, reigniting fears that history may be repeating itself. If it does, it could completely rewrite the narrative of this entire market cycle. Historical Setup Signals Bitcoin Potential Crash To $19,000 Market analyst Tony Severino has issued a stark warning to Bitcoin investors and holders, sharing a technical analysis…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Pudgy Penguins has launched its long-teased browser-based crypto game, “Pudgy World”. “Creative Freedom Without Compromise” In a post made on the social network X on March 10, the CCO and Co-Founder of Pudgy Penguins, known as Chefgoyardi, announced the long waited release of “Pudgy World”. In the post, he shared a detailed summary of the designing process of the game. “We created custom world-building tools using open-source web technology, giving us a lightweight editor built for speed and rapid iteration.”, he explained. Self expression, creative freedom and…
Prediction market platform Polymarket has teamed up with Palantir and TWG AI to build a monitoring system designed to detect suspicious trading and manipulation in sports prediction markets, a move that reflects growing pressure on the fast-growing sector to establish credibility.The new system will use Palantir’s data infrastructure and TWG AI’s analytics to monitor trading activity across Polymarket markets. The companies say the platform will detect unusual trading patterns, screen participants and generate compliance reports that could be shared with regulators or sports leagues.Polymarket founder and CEO Shayne Coplan said the goal is to bring “world-class analytics and monitoring to…
Michael Saylor’s Bitcoin (BTC) treasury firm Strategy says it has purchased an additional 17,994 BTC for about $1.28 billion at an average price of roughly $70,946 per Bitcoin. The acquisition brings Strategy’s total holdings to 738,731 BTC as of March 8, 2026. Saylor says it acquired the holdings for about $56.04 billion at an average price of roughly $75,862 per BTC. Strategy trades on the Nasdaq under the ticker MSTR. In a separate update, Bitmine Immersion Technologies reported that it acquired 60,976 Ethereum (ETH) over the past week, valued at about $122 million at an ETH price of $1,965. Bitmine…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum may be back above the pivotal $2,000 price level, but the broader cryptocurrency landscape is still struggling to regain a bullish trajectory. Even with the market struggling with persistent volatility, Ethereum buying activity on the institutional level does not seem to be slowing down yet. Another Major Ethereum Buy From Bitmine When it seems like sentiment is cooled down, Bitmine Immersion Technologies has doubled down on Ethereum, the second-largest cryptocurrency asset, again. In the highly volatile sector, the company continues to expand its digital asset holdings,…
There is a war going on between crypto firms and traditional banks over stablecoins, and Jefferies analysts said that they could become a steady drag on bank earnings as digital dollar use spreads.While stablecoins aren’t going to be an immediate existential threat to banks and aren’t likely to trigger a sudden run on U.S. bank deposits, Jefferies analysts estimate banks could see 3% to 5% core deposit runoff over the next five years. This would likely raise funding costs and chip away at banks’ profitability.”The intermediate-term risk of gradual deposit runoff from emerging activity-based yield opportunities and payments use cases…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Most traders are watching Dogecoin on the daily or weekly chart, reacting to intraday price action. However, the monthly candlestick chart tells a different story, one that has been developing since the 2021 cycle and is now approaching an inflection point. Technical analysis shows a massive bullish pennant is forming on the DOGE/USD monthly timeframe. Dogecoin is now at a lower high support in the pennant, and the technical implications are significant. Giant Pennant Has Been Forming Since The 2021 Rally The monthly chart shows Dogecoin’s price…