Bitcoin’s relief rally pushed its price above the 50-day SMA as analysts say further upside potential is increasing amid rising open interest. Bitcoin (BTC) found fresh strength during the early Asian trading hours on Monday as bulls eyed further short-term gains. Key takeaways: Bitcoin price rises to a six-week high of $74,400 on Monday, liquidating $300 million in shorts. Read more
ETF inflows and continued corporate buying are gradually reshaping Bitcoin’s ownership structure, Bernstein analysts say. Bitcoin’s recent rebound reflects a strengthening base of long-term holders as ETF inflows and corporate treasury buying reshape the asset’s ownership structure, Bernstein said in a Monday research note shared with Cointelegraph. Bernstein said Bitcoin outperformed gold and major equity indexes over the past week despite heightened conflict in the Middle East, with Bitcoin (BTC) up around 7% and Ether (ETH) up about 9% over the period. Analysts attributed the shift partly to continued US spot Bitcoin exchange-traded fund (ETF) inflows and the steady accumulation of corporate buyers such as Strategy, which they say are gradually strengthening Bitcoin’s long-term holder base, contributing to a more stable market structure. Read more
Bitcoin traders demanded further support reclaims to avoid a return to fresh macro lows next, as BTC price hit six-week highs. Bitcoin (BTC) starts the third week of March fighting for a breakout after a trip to near $75,000. BTC price action delivers a strong weekly close, but bulls have a lot of work left to do. Analysis warns that the Bitcoin bear market is still in place, along with a recent death cross. Read more
Australia is moving closer to a new licensing regime that would bring crypto exchanges and tokenization platforms into the Australian Financial Services Licence regime. Australia’s Senate Economics Legislation Committee has backed a bill that would require crypto exchanges and tokenization platforms to comply with the country’s existing financial services regime, recommending that the Corporations Amendment (Digital Assets Framework) Bill 2025 be passed. The move on March 16 brings Australia a step closer to a bespoke licensing framework for “digital asset platforms” (DAPs) and “tokenised custody platforms” (TCPs), aimed at closing gaps in oversight of platforms that hold customer assets following the collapses of high‑profile digital asset businesses, such as FTX. The bill, first introduced by Assistant Treasurer and Financial Services Minister Daniel Mulino in November 2025, would treat DAPs and TCPs as financial products under the Corporations Act and Australian Securities and Investments Commission (ASIC...
Crypto trader Ran Neuner said Bitcoin could be at risk if AI continues to pull miners away from the network, but others disagree. A new debate has emerged over whether a continued shift by Bitcoin miners toward artificial intelligence could impact the network’s security and its role as a store of value. While some argue that miners leaving the network would leave it more susceptible to a “51% attack,” others argue it will simply trigger the Bitcoin network to rebalance itself as designed, making it enticing for miners again. “AI has killed Bitcoin forever,” crypto trader Ran Neuner said on Sunday, arguing that it has become Bitcoin mining’s biggest competitor because both industries compete for electricity. Read more
The regulator filed for dismissal of its case against BitClout founder Nader Al-Naji, after “reassessment of the evidentiary record." The US Securities and Exchange Commission (SEC) has dropped a two-year-long case against the founder of the blockchain-based social media platform BitClout, Nader Al-Naji. In the joint dismissal stipulation filed in the US District Court for the Southern District of New York on Thursday, the SEC cited the crypto task force, which was tasked with developing a regulatory framework for crypto in January 2025, and a “reassessment of the evidentiary record” as the basis for dismissal. The regulator cautioned that this case outcome doesn’t necessarily mean other similar enforcement actions will receive the same treatment. “The Commission’s decision to exercise its discretion and seek dismissal of this litigation is based on the particular facts and circumstances of this case and does not necessarily reflect the Commission’s position on any other case,” it said. Read more