Author: NBTC

As of today, March 16, 2026, $Ethereum is up 7% in the past 24 hours with 13% gain over the past week. This sudden volatility to the upside has liquidations of short positions reaching over $123 million, suggesting that the “bear trap” may have finally snapped shut. With institutional interest peaking due to the launch of products like the BlackRock iShares Staked Ethereum ETF (ETHB), the path toward $3,000 appears increasingly clear—provided key support zones hold. Is the Ethereum Bull Run Back? The short answer is: Potentially, but confirmation is key. The break above $2,250 is the first higher-high Ethereum…

Bitcoin’s hashrate has slipped beneath the 1 zettahash per second (ZH/s) mark as miner income remains painfully thin, with the hashprice daily rate parked at $31 per petahash per second (PH/s). Weak Hashprice and Lower Compute While Bitcoin’s hashrate briefly clawed its way back above 1,000 exahash per second (EH/s)—the neat mathematical twin of 1 ZH/s—it has since slipped below that line again. The move arrives as the value of a single petahash of output sits at $31.11, roughly 11.64% lower than it was 30 days ago on Feb. 15, 2026. While that revenue remains lean, it is still 12.88%…

Table of Contents What Does the Market Actually Resolve On?Who Would Actually Flip Ethereum?Why Are the Odds Rising If the Gap Is Still Wide?Is There a Bull Case for $ETH Holding On?What Should You Watch Next? Polymarket bettors now give Ethereum a near coin-toss chance of losing its No. 2 spot by market cap before the year ends. The prediction market’s “Ethereum flipped in 2026?” contract is trading at 47% Yes as of March 16, with over $365,000 in total volume since launch. That is down from recent highs above 57%, but still way up from the 14% it opened…

Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, questioned the practical benefits of cryptocurrencies and stablecoins in cross-border transactions during a panel discussion. Kashkari described the statements made by crypto advocates on the subject as “empty rhetoric,” arguing that they have no real use case. During the panel, Kashkari illustrated the fundamental questions he posed to representatives of the cryptocurrency sector with examples. Acknowledging that traditional bank transfers are expensive and slow, Kashkari countered those who claim stablecoins solve this problem with the following scenario: “Imagine someone living in the US sending money to a relative in the…

Key senators critical to advancing the crypto market structure legislation may soon be willing to move forward on the bill, individuals familiar tell CoinDesk. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Crypto negotiators’ hopes are bubbling up over the Digital Asset Market Clarity Act, the Senate legislation that represents the top-priority policy hope for the sector. The key senators — those who’d dragged their feet over stablecoin yield — are reviewing what seems to be a final take from bankers on what their…

There’s a new debate over whether a continued pivot from Bitcoin miners to artificial intelligence could have an impact on Bitcoin security and its role as a store of value. While some argue that miners fleeing 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,” said crypto trader Ran Neuner on Sunday, arguing that it has become Bitcoin mining’s biggest competitor because both industries compete for electricity. “AI is willing to pay much…

Ethereum has posted two fresh bullish signals on the daily chart, as price closed above the long-watched $2,350 pivot and the SuperTrend indicator flipped to Buy for the first time since September. Together, the moves suggest Ethereum may be leaving its multi-month downtrend behind as traders watch whether the breakout can hold. Ethereum Breaks Above $2,350 as Multi-Year Pivot Comes Back Into Focus Ethereum closed above the $2,350 zone on the daily chart, moving through a level analyst Cheds described on X as a critical pivot stretching back more than four years. The chart shows $ETH pushing above a resistance…

US trade deficit data came in heavy for December. The Commerce Department said the monthly gap hit $70.3 billion. That was $17.3 billion higher than November. Economists surveyed by Dow Jones expected $55.5 billion. The number beat that by a wide margin. For the full year, the trade deficit reached $901.5 billion. That was down just 0.2 percent from 2024, a difference of $2.1 billion. It remained one of the largest totals on record. Only 2022 was worse, when the gap hit $923.7 billion. The Trump administration had pushed to narrow the deficit, but the yearly imbalance barely changed. Trade…

Former CFTC Chairman Chris Giancarlo stated that with the new era in the US, cryptocurrencies are no longer seen as a “threat,” but rather as a cornerstone of economic growth and financial freedom. Chris Giancarlo, former chairman of the US Commodity Futures Trading Commission (CFTC) and known as “Crypto Dad” in the crypto world, made striking statements about the future of the financial system during a program he participated in. According to Giancarlo, cryptocurrencies and stablecoins are creating a new “financial architecture” that will render the analog banking system obsolete. Giancarlo stated that the Biden administration’s “hostile” stance towards crypto…

Shares of Bitdeer Technologies Group climbed 9% after the company unveiled its new SEALMINER DL1 Air, a Scrypt-based mining machine built to efficiently mine cryptocurrencies, including Litecoin and Dogecoin. The launch signals Bitdeer’s renewed push into the Scrypt mining ecosystem with hardware aimed at industrial-scale operations. Bitdeer Stock Climbs as Company Reenters Scrypt Mining Bitdeer Technologies Group saw its shares jump roughly 9% on Monday, March 16, buoyed by investor enthusiasm following the debut of its SEALMINER DL1 Air, a new mining machine designed specifically for Scrypt-based cryptocurrencies. The NASDAQ-listed company said the new miner delivers 25 GH/s of hashrate,…