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Bitcoin continued to demonstrate resilience despite ongoing geopolitical tensions, trading slightly above $70,000 after gaining about 4 percent over the past 24 hours.

The digital asset managed to withstand weeks of uncertainty linked to the conflict involving the United States and Israel against Iran. According to analyst Markus Thielen, Bitcoin’s ability to hold its ground during this period could be a bullish signal that supports a potential rise toward the $70,000 to $80,000 range.

Bitcoin Absorbs Market Pressure

In a March 10 research note for Matrixport, Thielen explained that Bitcoin has mostly traded sideways since early February despite several economic and geopolitical challenges.

During this period, markets faced weaker employment data in the United States, a sell off in South Korean equities, and a sharp rise in oil prices over the weekend.

Even with these pressures, Bitcoin only briefly declined toward the $66,000 level before finding support. This occurred while oil prices temporarily surged to about $120 amid fears that Iran might close the Strait of Hormuz.

Thielen suggested that as financial markets gradually move past concerns surrounding the conflict, Bitcoin may begin to ignore geopolitical developments and focus on broader market conditions. This shift could help push the asset into a higher trading range.

The broader news cycle has also supported improving market sentiment. Reports on March 9 indicated that US President Donald Trump suggested the war was largely complete. Following those remarks, oil prices dropped below $90 per barrel, gold climbed to $5,140 per ounce, and the S&P 500 rose above the 6,800 level.

Bitcoin also responded positively, climbing to around $69,600 before stabilizing near $69,000 that same day. Recent market data shows the asset trading within a 24 hour range between about $67,000 and $71,200, with the current price slightly above $70,500.

Over the past week Bitcoin has gained around 3 percent and has risen more than 10 percent in the last two weeks. However, the asset remains about 15 percent lower compared with a year ago and is still more than 44 percent below its all time high of about $126,000 recorded in October 2025.

Deleveraging Could Support the Next Upward Move

Market analysts are paying close attention to the current structure because of the significant reduction in leverage across the market.

Research from CryptoQuant highlighted that Bitcoin’s Estimated Leverage Ratio on Binance declined from 0.198 to 0.152 since February as Bitcoin’s price fell from about $96,000 to near $69,000.

Lower leverage typically reduces systemic risk within the market and can help stabilize price action before a new directional trend develops.

At the same time, the futures market appears to be dominated by short positions. Data from Binance Research shows that open interest has increased by roughly 18 percent since late February, rising from below $30 billion. Meanwhile funding rates have remained low or slightly negative.

This situation suggests that a significant portion of current futures positions are betting against the price. If Bitcoin begins to move higher, a wave of forced short liquidations could accelerate the rally.#crypto #cryptonews https://t.me/coinsignalpublic https://coinsignals.net

Elon Musk has confirmed that the upcoming financial service X Money will begin its early public access rollout as soon as next month.

The highly anticipated financial application is being developed by X Corp., the social media platform previously known as Twitter. Musk shared the update on X, revealing that the platform is preparing to open the service to early public users sooner than many expected.

Why This Matters for Cryptocurrency

Musk’s broader goal of turning X into an all in one digital platform continues to take shape with the development of X Money. The feature is designed to introduce integrated financial services directly within the social media ecosystem.

Until now, Musk explained that the application had only been operating within a closed internal testing phase.

Early screenshots shared by William Shatner hinted at several potential features. These include a debit card offering cashback rewards along with tools that allow users to send and receive payments through the platform.

A key question surrounding the new service is whether it will include support for cryptocurrencies. Musk has previously demonstrated significant influence over the crypto market, particularly through his comments about Dogecoin. He also made headlines when Tesla introduced support for purchases using Bitcoin and added the asset to its corporate balance sheet.

More recently, Musk shared a post suggesting that the platform could eventually support additional financial services, including cryptocurrency related features. He responded by indicating that the broader initiative could become very significant.

Despite these hints, there has not yet been any official confirmation that cryptocurrency integration will be included in the initial rollout of X Money.#crypto #cryptonews https://coinsignals.net https://t.me/coinsignalpublic

The Winklevoss twins have reportedly moved a large amount of Bitcoin to the cryptocurrency exchange they founded, raising speculation that they could be preparing to sell part of their holdings.

Data from blockchain analytics firm Arkham Intelligence shows that roughly $130 million worth of Bitcoin was transferred to the hot wallets of Gemini. Analysts at the firm suggested the transfer was likely made with the intention of selling.

According to Arkham’s data, Cameron Winklevoss and Tyler Winklevoss once held about one percent of the total Bitcoin supply. Reports indicate that the brothers began buying Bitcoin in 2011, purchasing around $11 million worth at approximately $120 per coin. The funds came from a $65 million settlement they received in cash and Facebook shares after a legal dispute with Mark Zuckerberg.

Although they later sold part of their Bitcoin to help launch Gemini, Arkham estimates that their profit and loss from Bitcoin investments has climbed to around $1.8 billion.

Over the years, the twins have also made several high profile political donations. This includes multi million dollar Bitcoin contributions to the 2024 presidential campaign of Donald Trump, whom they supported for his pro Bitcoin, pro cryptocurrency, and pro business stance.

Recently, the brothers have been vocal supporters of privacy focused technologies in the cryptocurrency sector. Their attention has increasingly shifted toward Cypherpunk Holdings, a company focused on digital self sovereignty and privacy driven infrastructure.

In their initial statement about the initiative, the twins explained that they intend to advance their mission by accumulating, developing, and supporting technologies and assets that strengthen privacy at a time when such tools are becoming increasingly important.

In its latest announcement, Cypherpunk Technologies revealed that it has invested $5 million in the Zcash Open Development Lab. The investment represents the company’s first technology funding initiative outside of Zcash.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

United States prosecutors are seeking a new trial for Tornado Cash developer Roman Storm after a jury failed to reach a unanimous decision on charges related to money laundering and sanctions violations.

The request comes after a four week trial in the Southern District of New York, where jurors were unable to agree on two of the charges against Storm. The case was overseen by U.S. District Judge Katherine Polk Failla.

Storm Could Face Retrial in 2026

Although the jury found Storm guilty of conspiracy to operate an unlicensed money transmitting business, they were unable to reach a verdict on the more serious allegations involving money laundering and sanctions violations.

Storm recently revealed on social media that prosecutors have asked the court to schedule a new trial in October 2026 in order to resolve the undecided charges. Responding to the request, he criticized the move and suggested that authorities are attempting to criminalize the act of writing software code.

The legal battle surrounding Tornado Cash, along with the case involving Samourai Wallet founders Keonne Rodriguez and William Lonergan Hill, has become a major point of debate within the cryptocurrency community. Many supporters believe the prosecutions represent a broader challenge to developers who create privacy focused technology.

Advocates argue that open source developers should not be held responsible for how others choose to use their software. Regulators, however, maintain that the Tornado Cash platform knowingly enabled large scale money laundering and helped users bypass international sanctions.

In his statement, Storm also pointed to what he views as inconsistencies in the government’s position. He argued that the request for a retrial comes at a time when the regulatory climate in the United States appears to be shifting toward a more supportive stance on digital assets.

He referred to remarks by US President Donald Trump claiming that the government’s campaign against cryptocurrency has ended. Storm also cited a memo from Deputy Attorney General Todd Blanche stating that the Department of Justice is not a digital asset regulator and would not pursue crypto mixing services solely because of how their users operate.

Storm further highlighted the decision by the US Treasury Department to remove sanctions against Tornado Cash, as well as a recent report submitted to Congress under the GENIUS Act. The report acknowledged that cryptocurrency users may rely on mixing services to maintain financial privacy.

Potential Prison Sentence

Storm, who is 36 years old, could face a prison sentence of up to 40 years if he is convicted on the two remaining conspiracy charges. In addition, the earlier conviction could add up to five more years to his sentence.

He emphasized that the charges stem from writing open source code for a protocol he does not control and for transactions he never personally handled.

Storm also suggested that prosecutors are attempting to retry the case in hopes of achieving a different outcome. He concluded his message by asking supporters for financial assistance while promising to continue fighting for financial privacy and the rights of software developers. He urged those who believe coding should be treated as a form of free expression to support his defense.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

The total cryptocurrency market capitalization increased by roughly $100 billion within a single day as prices across major digital assets moved higher.

After falling to around $65,500 on Monday morning, Bitcoin reversed its trend and surged by more than $5,000, reaching $71,000 for the first time since last Friday.

Ethereum has also moved back above the important $2,000 level. BNB is approaching $650, while XRP remains above $1.40 despite continued outflows from exchange traded funds linked to the asset.

Bitcoin Climbs Back Above $71,000

The crypto market has experienced intense volatility in recent days, largely influenced by the rapidly escalating tensions in the Middle East.

The turmoil began on February 28 when Bitcoin dropped sharply to $63,000 following military action by the United States and Israel against Iran. Buyers soon regained control of the market and pushed the price to a one month high of about $74,000 by Wednesday.

However, the rally could not be sustained given the cautious mood among investors. Bitcoin gradually began to lose momentum. By the weekend it had slipped to around $68,000 and the decline continued early Monday, when selling pressure drove the price down to $65,500 as traditional financial markets reopened.

Bitcoin quickly recovered from that drop and returned to the $68,000 range. Later in the evening it attempted to break above $70,000 after comments from US President Donald Trump suggesting that the conflict with Iran could end soon. Although the first attempt failed, the asset eventually crossed that psychological level and climbed to slightly above $71,000 shortly afterward.

Bitcoin’s market capitalization has now risen to approximately $1.42 trillion, while its dominance over alternative cryptocurrencies stands above 57 percent.

Ethereum Holds Above $2,000 as Hyperliquid Leads Gains

Ethereum has continued its gradual recovery, rising more than 3 percent over the past day to trade above $2,050 at the time of writing. BNB has recorded a similar increase and is now approaching the $650 level.

XRP is trading above $1.40 despite another significant withdrawal from Ripple related exchange traded funds recorded yesterday. Dogecoin has also gained about 5 percent during the day and is currently priced near $0.095.

Among the top 100 cryptocurrencies, Hyperliquid has delivered the strongest performance, jumping about 11 percent to nearly $35. Other altcoins posting notable gains include XLM, SUI, ZEC, SHIB, AVAX, AAVE, and NEAR.

Overall, the combined value of the cryptocurrency market has grown by approximately $100 billion in the past 24 hours and is now approaching $2.5 trillion.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

Excessive leverage in the cryptocurrency market has largely disappeared, a development analysts believe could pave the way for a healthier recovery driven mainly by spot trading.

Ongoing global tensions, especially the conflict between Iran and the United States, have shaken crypto markets and reduced investors’ appetite for risk.

According to CryptoQuant analyst Darkfost, periods of geopolitical uncertainty usually discourage aggressive trading behavior. This trend is reflected in the sharp decline of Bitcoin’s Estimated Leverage Ratio on Binance.

The indicator tracks how heavily investors rely on leverage. It is calculated by comparing futures Open Interest with the amount of Bitcoin reserves held on the exchange. Since February, the ratio has dropped significantly from 0.198 to 0.152. During the same period, Bitcoin’s price fell from about $96,000 to roughly $69,000.

Signs of a Healthier Market Structure

If the leverage ratio stays low while Bitcoin continues to consolidate, it may indicate that spot buying is replacing leveraged speculation as the primary force behind price movement. Analysts generally view this as a healthier market structure.

Lower leverage reduces systemic pressure across the market. This can help stabilize price action before a new directional trend begins.

In a separate analysis, another CryptoQuant analyst known as IT Tech noted that the number of traders attempting to call the market bottom is increasing. One indicator has remained in the distress zone for 29 consecutive days. The analyst highlighted the Bitcoin long term holder to short term holder SOPR ratio, which currently stands at 0.89.

This suggests that many recent buyers are holding positions at a loss. Long term holders are not selling in large quantities, but they are also not absorbing supply. Short term holder capitulation appears to be building, although it has not yet reached extreme levels. For this reason, the analyst believes it is too early to declare a definitive market bottom.

Data from Glassnode also indicates that market momentum has improved slightly. The Relative Strength Index has recovered from recent lows, although price action still lacks the strength needed to confirm a decisive bullish trend.

Spot trading activity remains relatively quiet. Lower trading volumes suggest that market participation is still limited even as conditions begin to stabilize.

Outlook for the Crypto Market

The broader crypto market has gained about 4.3 percent over the past day, pushing total market capitalization to approximately $2.46 trillion. The move followed comments from US President Donald Trump suggesting that the conflict with Iran could end soon.

Bitcoin climbed back above $70,000 during early trading hours in Asia on Tuesday. At the same time, oil prices dropped sharply, falling 28 percent from Monday’s peak of $120.

Ether remained relatively weak but continued to hold above the $2,000 level at the time of writing. Meanwhile, several altcoins recorded stronger gains. Hyperliquid and Zcash both surged by more than 11 percent.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

The Bitcoin network has reached a landmark moment with the mining of its 20 millionth coin. With the total supply permanently capped at 21 million, this milestone underscores Bitcoin’s unique position as a digitally scarce asset and marks a significant step toward the final stages of its issuance.

This achievement also emphasizes one of the network’s defining characteristics: its transparency and predictability. Unlike traditional fiat currencies, which can be printed at will, Bitcoin follows a strict issuance schedule that is hardcoded into its protocol. The rules governing its creation are immutable and publicly verifiable, meaning anyone can track the supply and confirm the accuracy of the blockchain. In the world of Bitcoin, code is law, and changes to this system would require enormous disruption to the network and the broader cryptocurrency ecosystem.

Digital Scarcity at a New Stage

Data from BiTBO shows that 95.2 percent of Bitcoin’s total supply, or 20,000,018.75 BTC, has been mined so far. This leaves only around one million coins yet to be created, and mining these remaining units will become increasingly difficult due to the network’s design. Bitcoin undergoes a process known as “halving” approximately every four years, cutting the rewards miners receive for validating new blocks by 50 percent. Each halving reduces the rate of new Bitcoin entering circulation, making the final coins increasingly scarce. Current projections suggest that the last Bitcoin will not be mined until the year 2140.

This scarcity is a core principle of Bitcoin and one of the reasons it is frequently compared to gold. Its limited supply and predictable issuance schedule make it a unique store of value in the digital era. However, the effective supply is even smaller than the maximum 21 million, as millions of BTC are thought to be permanently lost due to forgotten private keys, misplaced wallets, and other irreversible errors. This further intensifies the scarcity of Bitcoin in circulation.

Implications of the Final Million

The most recent halving occurred in 2024, reducing the block reward from 6.25 BTC to 3.125 BTC per block. The next halving is expected in two years, further limiting the new supply and making Bitcoin increasingly rare. Currently, approximately 450 BTC are mined each day, meaning that by 2030 only a small fraction of the remaining coins will be released into circulation.

As block rewards continue to decline, miners who secure the network and validate transactions will increasingly rely on transaction fees to sustain their operations. This shift will gradually change the incentive structure within the network, emphasizing the importance of fees as Bitcoin moves closer to its ultimate supply limit.

The mining of the 20 millionth Bitcoin is more than just a symbolic milestone. It highlights the cryptocurrency’s foundational principles of scarcity, transparency, and predictable issuance, all of which distinguish it from traditional financial systems and reinforce its status as a digital store of value for the long term.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

Rising geopolitical tensions, particularly the ongoing conflict between Iran and the United States, have unsettled cryptocurrency markets and caused investors to retreat from risk-taking positions.

CryptoQuant analyst Darkfost noted on Monday that periods like this are typically unfavorable for risk appetite, and this trend is evident in the sharp decline of Bitcoin’s Estimated Leverage Ratio on Binance. This metric gauges the degree to which investors use leverage by comparing futures open interest with the amount of BTC reserves held on the exchange. Since February, the ratio has fallen significantly from 0.198 to 0.152, coinciding with Bitcoin’s decline from $96,000 to $69,000.

Signs of a Healthier Market Structure

Darkfost explained that if the leverage ratio remains low while Bitcoin consolidates, it could indicate that spot market buying, rather than leveraged speculation, is becoming the primary driver of price movements. This shift is generally considered a healthier market dynamic because it reduces systemic risk and stabilizes price action ahead of any new directional trend. Lower leverage typically means that the market experiences less artificial pressure from futures trading, which can prevent exaggerated swings and provide a foundation for more sustainable growth.

In a separate observation, CryptoQuant analyst “IT tech” highlighted that market participants calling for a bottom are increasing in number. One metric, the long-term holder to short-term holder SOPR ratio, has now recorded 29 consecutive days in distress territory and currently sits at 0.89. The analyst noted that while recent buyers are underwater and short-term holders are beginning to capitulate, long-term holders are neither selling nor absorbing new supply. This suggests that while short-term selling is building, it has not yet reached extreme levels, and declaring a structural low in Bitcoin would be premature.

At the same time, Glassnode reported on Monday that momentum has shown modest improvement. The relative strength index has lifted from recent lows, indicating some recovery, but price action still lacks the strength needed to confirm a decisive bullish reversal. Spot market activity remains subdued, with lower trading volumes reflecting softer participation even as conditions gradually begin to stabilize.

Crypto Market Outlook

Spot cryptocurrency markets have seen gains of approximately 4.3 percent on the day, bringing the total market capitalization to $2.46 trillion. This movement followed remarks from former US President Donald Trump, who suggested that the conflict with Iran could be “over soon.” Bitcoin reclaimed the $70,000 level during early trading in Asian markets on Tuesday, while oil prices sharply declined by 28 percent from Monday’s peak of $120 per barrel.

Ether (ETH) remained relatively weak, though it held above the key $2,000 mark at the time of reporting. Some altcoins recorded more substantial gains, including Hyperliquid and Zcash, which each surged more than 11 percent. Overall, the market shows tentative signs of stabilization, but traders remain cautious in light of geopolitical uncertainty and lingering volatility in major cryptocurrencies.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

Bitcoin (BTC), trading around $69,000 at the time of this report, has shown signs of potential market inflection according to multiple on-chain metrics. These indicators point to weakening momentum in derivatives markets and falling capital among short-term holders, raising questions among traders about whether the current price action signals an imminent rebound or the beginning of a deeper correction.

Derivatives Index and Short-Term Holder Capital Signal Attention

On March 9, on-chain analyst Amr Taha reported that the Binance Bitcoin derivatives market index has dropped to approximately 0.35. Taha noted that this level is comparable to readings observed in July and August of 2024, and it is below the 0.43 recorded in April 2025. Historically, similar levels have coincided with major market lows, which were followed by significant price increases.

In the same analysis, Taha highlighted that the market capitalization of Bitcoin held by short-term investors has declined to roughly $390 billion, down from about $437 billion on April 7, 2025. Historically, sharp drops in this metric have often preceded substantial capitulation events among short-term holders. For instance, on April 8, 2025, following the previous value of $437 billion, intense selling pressure pushed Bitcoin down toward $78,000 before it eventually climbed above $108,000.

Analyst GugaOnChain also weighed in, describing the current market setup as a “No Traction Engine” scenario. This diagnosis was based on the Network Value to Transaction Value ratio, which surged by 77 percent to reach 41.34. The NVT ratio compares Bitcoin’s market capitalization to its on-chain transaction volume, and the spike indicates that price movements are occurring without corresponding increases in network activity.

Further confirmation of market caution comes from the short-term holder MVRV ratio, which sits at 0.76, suggesting that retail investors are realizing losses. Additionally, the Coinbase Premium turned negative at -0.0048, reflecting institutional selling pressure. GugaOnChain emphasized that this combination of indicators serves as a strong warning, cautioning that temporary stability or small rebounds without trading volume should not be taken as signs of sustained strength.

Mixed Signals Amid Narrow Trading Range

These signals have emerged while Bitcoin trades within a relatively narrow range, influenced in part by volatility from the ongoing conflict in the Middle East. The cryptocurrency briefly reached $74,000 last week, but by March 8, it fell below $66,000 according to CoinGecko data, before recovering to its current level above $68,000.

Meanwhile, U.S.-based spot Bitcoin ETFs attracted approximately $568 million in new inflows last week, marking the second consecutive week of positive fund flows after months of net withdrawals. However, daily activity has shown some volatility. Strong inflows earlier in the week were offset by nearly $350 million in outflows on Friday, according to data from SoSoValue. This pattern indicates that while fresh capital is entering the market, many investors remain cautious and are carefully monitoring price action before committing further funds.

Overall, the convergence of derivative market weakness, reduced short-term holder capital, and the “No Traction Engine” signals highlight a market in flux, with traders closely watching for clear signs of direction amid ongoing global uncertainty.#crypto #cryptonews https://t.me/coinsignalpublic https://coinsignals.net

Stack BTC Plc, a UK-based Bitcoin firm chaired by former Chancellor Kwasi Kwarteng, has successfully raised $347,204 from several investors, including Nigel Farage, leader of the Reform UK party, and the cryptocurrency platform Blockchain.com. The company plans to use the funds to acquire and expand British businesses, build a Bitcoin treasury, and support general working capital needs.

The capital was raised through the issuance of 5,200,000 new ordinary shares priced at five pence each. A press release issued on March 9 highlighted that Farage’s investment reflects his long-standing commitment to supporting UK businesses and his belief in Bitcoin as both a financial asset and a digital currency. Throughout his career, Farage has consistently promoted independent and local enterprises, emphasizing their importance to the British economy.

“London and the UK have historically been at the center of global financial markets, and I believe we can and should become a major hub for the crypto industry,” Farage said in the statement. He also emphasized the significance of small and medium sized enterprises, which provide employment for roughly 60 percent of the private sector workforce. Farage noted that Stack’s approach of acquiring and nurturing businesses represents a strategy for long-term growth and economic support.

Blockchain.com will provide institutional-grade services to support Stack’s Bitcoin treasury initiative, complementing its investment in the company. Stack BTC Plc was officially registered with the UK Financial Conduct Authority on February 10, 2026, which allows the company to operate legally as a crypto asset business within the region.

Kwasi Kwarteng, who serves as Executive Chairman of Stack, welcomed the involvement of both Farage and Blockchain.com, noting that their participation aligns closely with the company’s objectives. “Nigel’s steadfast support for British businesses and his conviction that Bitcoin will play an increasingly important role in global finance are perfectly aligned with the company’s ethos and strategic plans,” Kwarteng stated. He added that the infrastructure provided by the crypto service provider will ensure that Stack maintains the highest standards for custody and security of its Bitcoin reserves.

Share Trading and Ownership Structure

The new shares are scheduled to begin trading on the Aquis Growth Market from March 12, 2026. Investors who purchased the shares will also receive warrants, which can be exercised once certain conditions are met. Following this issuance, Stack will have a total of 68,130,000 ordinary shares in circulation, each carrying one voting right. The existing concert party now holds 45.21 percent of the company’s issued share capital.

Nigel Farage currently owns 4,300,000 shares, representing 6.31 percent of the total, while Kwarteng holds 3,700,000 shares, equal to 5.43 percent. The remaining shares are distributed among other directors and investors.

Earlier in March, Stack announced its intention to operate as a dedicated Bitcoin treasury company. The firm plans to start its treasury with an initial acquisition of 21 BTC, with future reserves to be funded through a combination of equity issuance, acquisitions, and operating profits.

With this move, Stack joins established participants in the UK Bitcoin treasury space, including the Smarter Web Company and Satsuma Technology, which currently hold 2,692 BTC and 620 BTC, respectively, according to data from BitcoinTreasuries. This step further solidifies the company’s position as a growing player in the intersection of corporate treasury management and cryptocurrency investment.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net