πβ‘οΈπ Bitcoin may be preparing for a rebound
π Analysts from Matrixport say several signals suggest the crypto market could be approaching a potential bounce.
Current market conditions:
β’ Sentiment remains weak, with trading volumes near multi-month lows.
β’ Many traders have shifted attention to traditional safe-haven assets like Gold and Oil.
β’ Bitcoin has been declining for five consecutive months β a rare historical pattern that has often been followed by rebounds.
At the same time, analysts are noticing stablecoin inflows returning and overall market liquidity increasing, which could provide fuel for a potential recovery if demand starts to pick up. π
π Analysts from Matrixport say several signals suggest the crypto market could be approaching a potential bounce.
Current market conditions:
β’ Sentiment remains weak, with trading volumes near multi-month lows.
β’ Many traders have shifted attention to traditional safe-haven assets like Gold and Oil.
β’ Bitcoin has been declining for five consecutive months β a rare historical pattern that has often been followed by rebounds.
At the same time, analysts are noticing stablecoin inflows returning and overall market liquidity increasing, which could provide fuel for a potential recovery if demand starts to pick up. π
π4π1
π Bitcoin hits monthly high above $74K
The price of Bitcoin briefly surged above $74,400, marking its highest level since early February. π
The past week has also been the best weekly performance since November 2024, with BTC gaining about 10.18% over seven days. The only stronger weekly rally in the last year occurred in mid-November 2024 (+11.6%).
At the moment, Bitcoin is trading around $73K, up roughly 2% over the past 24 hours.
Institutional demand is also improving: spot Bitcoin ETFs recorded $767M in net inflows last week, marking the third consecutive week of positive flows. Meanwhile, Ethereum ETFs also saw $161M in inflows, continuing their own three-week streak of positive demand. π΅
The price of Bitcoin briefly surged above $74,400, marking its highest level since early February. π
The past week has also been the best weekly performance since November 2024, with BTC gaining about 10.18% over seven days. The only stronger weekly rally in the last year occurred in mid-November 2024 (+11.6%).
At the moment, Bitcoin is trading around $73K, up roughly 2% over the past 24 hours.
Institutional demand is also improving: spot Bitcoin ETFs recorded $767M in net inflows last week, marking the third consecutive week of positive flows. Meanwhile, Ethereum ETFs also saw $161M in inflows, continuing their own three-week streak of positive demand. π΅
π6β‘1
π€β‘οΈ AI vs Bitcoin mining: a new battle for electricity
A growing debate has emerged over whether the AI data center boom could pull miners away from Bitcoin.
π Some analysts warn that AI companies are willing to pay much more for electricity, making AI infrastructure far more profitable than mining. Estimates show AI data centers can generate up to 8Γ more revenue per megawatt than BTC mining.
Several major miners are already pivoting toward AI:
β’ Core Scientific secured up to $1B for AI hosting
β’ MARA Holdings signaled a potential shift toward AI compute
β’ Hut 8 signed a $7B AI infrastructure deal with Google
Critics warn that fewer miners could mean lower hashrate and higher security risks.
However, supporters argue the network would self-correct through difficulty adjustments, restoring profitability and attracting miners back.
In short: AI may compete with Bitcoin for energy β but the protocol is designed to rebalance itself when miners leave.
A growing debate has emerged over whether the AI data center boom could pull miners away from Bitcoin.
π Some analysts warn that AI companies are willing to pay much more for electricity, making AI infrastructure far more profitable than mining. Estimates show AI data centers can generate up to 8Γ more revenue per megawatt than BTC mining.
Several major miners are already pivoting toward AI:
β’ Core Scientific secured up to $1B for AI hosting
β’ MARA Holdings signaled a potential shift toward AI compute
β’ Hut 8 signed a $7B AI infrastructure deal with Google
Critics warn that fewer miners could mean lower hashrate and higher security risks.
However, supporters argue the network would self-correct through difficulty adjustments, restoring profitability and attracting miners back.
In short: AI may compete with Bitcoin for energy β but the protocol is designed to rebalance itself when miners leave.
π5
π° Ethereum Foundation sells 5,000 ETH OTC
The Ethereum Foundation announced it sold 5,000 ETH (~$10.2M) to Bitmine via an over-the-counter (OTC) deal at an average price of $2,042.96 per ETH. π΅
According to the foundation, the funds will be used to support its core operations, including:
β’ Protocol research and development
β’ Ecosystem growth
β’ Community grants
β’ Other initiatives that support the Ethereum network
OTC sales allow large transactions to be completed without directly impacting exchange markets, helping avoid sudden price volatility while securing funding for long-term development. π§
The Ethereum Foundation announced it sold 5,000 ETH (~$10.2M) to Bitmine via an over-the-counter (OTC) deal at an average price of $2,042.96 per ETH. π΅
According to the foundation, the funds will be used to support its core operations, including:
β’ Protocol research and development
β’ Ecosystem growth
β’ Community grants
β’ Other initiatives that support the Ethereum network
OTC sales allow large transactions to be completed without directly impacting exchange markets, helping avoid sudden price volatility while securing funding for long-term development. π§
π4β€1π€1
π Strategy keeps stacking Bitcoin
Strategy has purchased 22,337 more Bitcoin for about $1.57B, at an average price of $70,194 per BTC. π°
As of March 15, the company now holds 761,068 BTC, acquired for a total of roughly $57.61B, with an average purchase price of about $75,696 per coin.
This means Strategy controls over 3.6% of the total Bitcoin supply, reinforcing its position as the largest corporate holder of BTC and continuing its aggressive accumulation strategy despite market volatility.
Strategy has purchased 22,337 more Bitcoin for about $1.57B, at an average price of $70,194 per BTC. π°
As of March 15, the company now holds 761,068 BTC, acquired for a total of roughly $57.61B, with an average purchase price of about $75,696 per coin.
This means Strategy controls over 3.6% of the total Bitcoin supply, reinforcing its position as the largest corporate holder of BTC and continuing its aggressive accumulation strategy despite market volatility.
π₯4
π₯ Short squeeze or fake breakout?
For the first time in a while, short positions are getting wiped out more than longs. π§
In the past 24 hours:
β’ $330M in shorts liquidated
β’ $168M in longs liquidated
This happened as Bitcoin spiked above $76K, before pulling back to around $74K.
The shift suggests a short squeeze, where bearish traders are forced to close positions, fueling upward momentum.
Since the start of the month, the market has shown a clear upward trend β but the quick pullback raises questions.
So what is it:
π the start of a real breakout
or π just another trap before the next move?
For the first time in a while, short positions are getting wiped out more than longs. π§
In the past 24 hours:
β’ $330M in shorts liquidated
β’ $168M in longs liquidated
This happened as Bitcoin spiked above $76K, before pulling back to around $74K.
The shift suggests a short squeeze, where bearish traders are forced to close positions, fueling upward momentum.
Since the start of the month, the market has shown a clear upward trend β but the quick pullback raises questions.
So what is it:
π the start of a real breakout
or π just another trap before the next move?
π2π€1
π³ Monthly spending via crypto cards has surged to $100M, up from almost zero in 2023!
π This rapid growth highlights increasing real-world adoption of cryptocurrencies like Bitcoin and Ethereum, as users shift from holding to actually spending digital assets.
Crypto cards act as a bridge between Web3 and traditional finance, allowing users to pay in crypto while merchants receive fiat β making everyday usage seamless.
If the trend continues, crypto payments could become a significant part of global transaction flows, not just a niche feature for enthusiasts.
π This rapid growth highlights increasing real-world adoption of cryptocurrencies like Bitcoin and Ethereum, as users shift from holding to actually spending digital assets.
Crypto cards act as a bridge between Web3 and traditional finance, allowing users to pay in crypto while merchants receive fiat β making everyday usage seamless.
If the trend continues, crypto payments could become a significant part of global transaction flows, not just a niche feature for enthusiasts.
π4
π€ Altseasonβ¦ again?
Crypto Twitter is once again calling for an incoming altseason.
On the chart, Bitcoin dominance is forming a classic head and shoulders pattern. If confirmed, BTC dominance could drop to the 52β56% range. π
Historically, such moves often signal one thing: πΈ capital rotation from BTC into altcoins
But thereβs a catchβ¦
Over the past couple of years, βaltseason is comingβ has been called dozens of times β and most of them never played out. π€·
Crypto Twitter is once again calling for an incoming altseason.
On the chart, Bitcoin dominance is forming a classic head and shoulders pattern. If confirmed, BTC dominance could drop to the 52β56% range. π
Historically, such moves often signal one thing: πΈ capital rotation from BTC into altcoins
But thereβs a catchβ¦
Over the past couple of years, βaltseason is comingβ has been called dozens of times β and most of them never played out. π€·
π6π2
π Strategy vs BlackRock β race for BTC dominance
If Strategy (led by Michael Saylor) continues accumulating Bitcoin at the current pace, it could surpass BlackRock in holdings within weeks. π
This would be a major shift, as BlackRock represents institutional ETF demand, while Strategy reflects a corporate conviction bet on BTC.
The situation highlights an unusual dynamic:
π’ TradFi giant vs π ultra-bullish public company
If the trend continues, Strategy may strengthen its position as the largest Bitcoin holder globally, doubling down on one of the most aggressive accumulation strategies in the market. π
If Strategy (led by Michael Saylor) continues accumulating Bitcoin at the current pace, it could surpass BlackRock in holdings within weeks. π
This would be a major shift, as BlackRock represents institutional ETF demand, while Strategy reflects a corporate conviction bet on BTC.
The situation highlights an unusual dynamic:
π’ TradFi giant vs π ultra-bullish public company
If the trend continues, Strategy may strengthen its position as the largest Bitcoin holder globally, doubling down on one of the most aggressive accumulation strategies in the market. π
π6
SharpLink earns $1M+ weekly from ETH staking π΅
Since launching its corporate ETH treasury, the company has earned 15,464 ETH (~$36M) in staking rewards. π°
π Just last week:
β’ 493 ETH earned (β $1.1M in rewards)
The strategy shows how companies can turn crypto holdings into yield-generating assets, earning passive income while helping secure the Ethereum network.
As institutional adoption grows, staking is becoming a key revenue stream β not just a technical feature.
Since launching its corporate ETH treasury, the company has earned 15,464 ETH (~$36M) in staking rewards. π°
π Just last week:
β’ 493 ETH earned (β $1.1M in rewards)
The strategy shows how companies can turn crypto holdings into yield-generating assets, earning passive income while helping secure the Ethereum network.
As institutional adoption grows, staking is becoming a key revenue stream β not just a technical feature.
π3
π»π³ Vietnam moves to reshape crypto market
Vietnam is preparing to launch its first licensed local crypto exchanges while planning to ban citizens from trading on overseas platforms like Binance. π§
The government aims to roll out a pilot program soon, with several major players already applying for licenses.
Despite crypto not being officially recognized as legal tender, Vietnam is one of the worldβs most active markets, ranking 4th globally with over $200B in annual trading volume. π
The move is driven by concerns over capital outflows and lack of regulation, as most users currently rely on foreign exchanges.
If implemented, the policy could:
β’ Redirect liquidity to domestic platforms
β’ Strengthen regulatory control
β’ Boost the local digital economy
But it also raises concerns about restricted access and market fragmentation.
Vietnam is preparing to launch its first licensed local crypto exchanges while planning to ban citizens from trading on overseas platforms like Binance. π§
The government aims to roll out a pilot program soon, with several major players already applying for licenses.
Despite crypto not being officially recognized as legal tender, Vietnam is one of the worldβs most active markets, ranking 4th globally with over $200B in annual trading volume. π
The move is driven by concerns over capital outflows and lack of regulation, as most users currently rely on foreign exchanges.
If implemented, the policy could:
β’ Redirect liquidity to domestic platforms
β’ Strengthen regulatory control
β’ Boost the local digital economy
But it also raises concerns about restricted access and market fragmentation.
π3
π¬ FTX sold a $30B stake for $1.3B
Bankrupt exchange FTX sold its 8% stake in Anthropic for $1.3B as part of its restructuring process.
The painful part?
Today, that same stake would be worth over $30B.
The sale was made under bankruptcy pressure, where liquidity and creditor repayments take priority over long-term upside.
πΈ Forced selling often means missing massive future gains β especially in fast-growing sectors like AI. π€·
Bankrupt exchange FTX sold its 8% stake in Anthropic for $1.3B as part of its restructuring process.
The painful part?
Today, that same stake would be worth over $30B.
The sale was made under bankruptcy pressure, where liquidity and creditor repayments take priority over long-term upside.
πΈ Forced selling often means missing massive future gains β especially in fast-growing sectors like AI. π€·
π3
π Stablecoin power shift
USDT is losing its dominance β since early 2026, USDC has taken the lead, accounting for over 50% of all stablecoin transactions. π
This shift is also reshaping blockchain activity:
β’ Ethereum is now the top network for stablecoin usage
β’ Solana follows
β’ TRON comes next
Previously, Solana had been leading, but liquidity and transaction flows are now rotating back toward Ethereum.
The trend signals a changing balance of power β both among stablecoins and across the networks they rely on.
USDT is losing its dominance β since early 2026, USDC has taken the lead, accounting for over 50% of all stablecoin transactions. π
This shift is also reshaping blockchain activity:
β’ Ethereum is now the top network for stablecoin usage
β’ Solana follows
β’ TRON comes next
Previously, Solana had been leading, but liquidity and transaction flows are now rotating back toward Ethereum.
The trend signals a changing balance of power β both among stablecoins and across the networks they rely on.
π4
π Markets under pressure again
Global markets turned volatile:
β’ Oil spikes to ~$116
β’ Gold, silver and Bitcoin sell off
Whatβs driving it?
βͺοΈ Rising geopolitical tensions β Iran claims an attack on a major gas field and threatens strikes on oil infrastructure
βͺοΈ US inflation surprise β PPI jumped to 3.4% (vs 2.9% expected)
βͺοΈ Federal Reserve holds rates steady
Higher inflation + geopolitical risk = uncertainty across all assets.
For now, energy is pumping while risk assets take a hit β classic βrisk-offβ behavior in the market. π
Global markets turned volatile:
β’ Oil spikes to ~$116
β’ Gold, silver and Bitcoin sell off
Whatβs driving it?
βͺοΈ Rising geopolitical tensions β Iran claims an attack on a major gas field and threatens strikes on oil infrastructure
βͺοΈ US inflation surprise β PPI jumped to 3.4% (vs 2.9% expected)
βͺοΈ Federal Reserve holds rates steady
Higher inflation + geopolitical risk = uncertainty across all assets.
For now, energy is pumping while risk assets take a hit β classic βrisk-offβ behavior in the market. π
π4
β οΈ AI infrastructure at risk
The Iran conflict is now threatening global AI infrastructure.
Over 200 data centers worth ~$50B are reportedly within range of Iranian missiles β including facilities linked to Microsoft, OpenAI, Oracle and Nvidia. π»
This raises serious concerns about:
βͺοΈ Stability of AI services
βͺοΈ Cloud infrastructure resilience
βͺοΈ Potential disruptions across tech markets
Geopolitics is no longer just about oil β critical digital infrastructure is now part of the risk zone.
The Iran conflict is now threatening global AI infrastructure.
Over 200 data centers worth ~$50B are reportedly within range of Iranian missiles β including facilities linked to Microsoft, OpenAI, Oracle and Nvidia. π»
This raises serious concerns about:
βͺοΈ Stability of AI services
βͺοΈ Cloud infrastructure resilience
βͺοΈ Potential disruptions across tech markets
Geopolitics is no longer just about oil β critical digital infrastructure is now part of the risk zone.
π2π1
π Old-school whales are taking profits
A long-term Bitcoin holder from 2013 just sold another 1,000 BTC (~$71.6M). Back then, coins were bought at ~$332 β now the total realized profit is massive. π°
Key stats:
βͺοΈ 5,000 BTC accumulated in 2013
βͺοΈ 3,500 BTC already moved to Binance at ~$94.7K avg
βͺοΈ ~$330M profit realized
βͺοΈ 1,500 BTC (~$105M) still held
Another early investor, Owen Gunden, also sold 650 BTC (~$46M), continuing large-scale distribution.
Seems like OG whales are slowly cashing out β not the strongest bullish signal in the short term π
A long-term Bitcoin holder from 2013 just sold another 1,000 BTC (~$71.6M). Back then, coins were bought at ~$332 β now the total realized profit is massive. π°
Key stats:
βͺοΈ 5,000 BTC accumulated in 2013
βͺοΈ 3,500 BTC already moved to Binance at ~$94.7K avg
βͺοΈ ~$330M profit realized
βͺοΈ 1,500 BTC (~$105M) still held
Another early investor, Owen Gunden, also sold 650 BTC (~$46M), continuing large-scale distribution.
Seems like OG whales are slowly cashing out β not the strongest bullish signal in the short term π
π5
π Big players keep accumulating BTC
Public companies holding over 1,000 Bitcoin now collectively own more than 1M BTC β a significant share of total supply.
At the same time:
βͺοΈ Wallets with 100+ BTC increased by 753 (+3.9%) in just 3 months
βͺοΈ Despite this accumulation, BTC price dropped ~20.2% over the same period
This divergence suggests one thing: while the market dips, large holders and institutions continue stacking.
Smart money buying the fear? π
Public companies holding over 1,000 Bitcoin now collectively own more than 1M BTC β a significant share of total supply.
At the same time:
βͺοΈ Wallets with 100+ BTC increased by 753 (+3.9%) in just 3 months
βͺοΈ Despite this accumulation, BTC price dropped ~20.2% over the same period
This divergence suggests one thing: while the market dips, large holders and institutions continue stacking.
Smart money buying the fear? π
π4
π Bitcoin goes quantum-ready?
BTQ Technologies has launched a Bitcoin Quantum testnet β a fork of Bitcoin designed to resist quantum attacks.
Key highlights:
βͺοΈ 50+ miners already connected
βͺοΈ 100,000+ blocks mined
βͺοΈ 100+ developers joined
The idea is simple: implement BIP-360 (quantum-resistant upgrade) now, instead of waiting years for mainnet consensus β like it happened with SegWit and Taproot.
Instead of ECDSA, the network uses post-quantum cryptography (ML-DSA / Dilithium).
With governments (US, Canada, EU) pushing deadlines for post-quantum security, this could be a glimpse into Bitcoinβs future π
BTQ Technologies has launched a Bitcoin Quantum testnet β a fork of Bitcoin designed to resist quantum attacks.
Key highlights:
βͺοΈ 50+ miners already connected
βͺοΈ 100,000+ blocks mined
βͺοΈ 100+ developers joined
The idea is simple: implement BIP-360 (quantum-resistant upgrade) now, instead of waiting years for mainnet consensus β like it happened with SegWit and Taproot.
Instead of ECDSA, the network uses post-quantum cryptography (ML-DSA / Dilithium).
With governments (US, Canada, EU) pushing deadlines for post-quantum security, this could be a glimpse into Bitcoinβs future π
β€2π1
π 1973 vs 2026: dΓ©jΓ vu?
Crypto Twitter is drawing parallels between todayβs market and the 1973 oil crisis.
Back then:
βͺοΈ Oil +300%
βͺοΈ Stocks crashed
βͺοΈ Fed stuck β decade-long stagflation
After the initial drop, markets bounced ~70%β¦ only to get hit again in 1979. The only consistent winner? Gold (x20 in ~7 years).
Today looks similar:
βͺοΈ Tensions around Hormuz
βͺοΈ Rising oil prices
βͺοΈ Bonds selling off
βͺοΈ Stocks under pressure
βͺοΈ Fed on pause
Meanwhile, Bitcoin still trades like a risk asset, moving with equities.
But if the βdigital goldβ narrative finally proves itself β BTC could follow goldβs 70s-style breakout π
Crypto Twitter is drawing parallels between todayβs market and the 1973 oil crisis.
Back then:
βͺοΈ Oil +300%
βͺοΈ Stocks crashed
βͺοΈ Fed stuck β decade-long stagflation
After the initial drop, markets bounced ~70%β¦ only to get hit again in 1979. The only consistent winner? Gold (x20 in ~7 years).
Today looks similar:
βͺοΈ Tensions around Hormuz
βͺοΈ Rising oil prices
βͺοΈ Bonds selling off
βͺοΈ Stocks under pressure
βͺοΈ Fed on pause
Meanwhile, Bitcoin still trades like a risk asset, moving with equities.
But if the βdigital goldβ narrative finally proves itself β BTC could follow goldβs 70s-style breakout π
π2