Author: CryptoGlobeToday.com

Cardano price has returned to a major historical support zone near $0.28 as RSI plunges into extreme oversold territory. Summary $0.28 aligns with 2022 and 2023 historical support RSI in extreme oversold conditions Holding support opens bounce toward range midpoint Cardano (ADA) is once again testing a long-term demand zone that previously acted as a structural bottom during the 2022 bear market. The same region later served as a foundation for the 2023 cycle low, reinforcing its significance as a high timeframe support area. Cardano price key technical points Major Support: $0.28 aligns with the historical 2022 and 2023 demand zone.…

TLDR: Stablecoin payments total $390B annualized, led by B2B enterprise and supplier settlements. Card-linked spending is fastest growing by transaction count, rising +673% year-on-year. P2P transfers reach $77B with 0.37% market penetration, reshaping remittance corridors. B2C payouts total $11B, growing +86%, led by payroll and creator economy adoption. Stablecoin payments are tracking $390 billion on an annualized basis, data shows. B2B activity dominates with $226 billion, fueled by enterprise settlements and supplier payments.  Card-linked spending is rising rapidly, with transaction volumes up 673 percent. Peer-to-peer transfers and early B2C payouts remain smaller but show significant growth momentum. Enterprise and B2B…

Bitcoin ETFs recorded $787.31 million in net inflows for the week ending February 27, reversing the prior week’s $315.86 million in outflows. Summary Bitcoin ETFs posted $787M in weekly inflows, ending four red weeks. Three-day buying wave added $1.02B, led by a $506M peak day. Cumulative net inflows dipped slightly to $54.8B despite rebound. The positive weekly flow came from three consecutive days of strong buying from February 24-26, totaling $1.02 billion, which offset outflows on February 23 and 27. Bitcoin traded at $66,000 with gains of 1.7% over 24 hours following the weekly ETF reversal. The asset traded in…

TLDR: Tether has frozen $4.2B in USDT since 2021, with most enforcement actions taking place after 2023. U.S. authorities linked nearly $61M in frozen USDT to pig-butchering scams and online fraud networks. USDT supply now exceeds $180B, making enforcement actions more impactful across global crypto markets. Wallet freezing tools now play a central role in tracking and blocking cross-border illicit crypto flows. Tether has frozen billions of dollars in USDT connected to criminal activity as regulators escalate global crypto enforcement. The action reflects growing cooperation between stablecoin issuers and law enforcement agencies.  Authorities now treat stablecoins as critical targets in…

Representatives Scott Fitzgerald, Ben Cline, and Zoe Lofgren introduced the bill to Congress on February 26, seeking to protect software developers who write blockchain applications that don’t handle custody of funds from legal actions and criminal prosecution under Section 1960, Title 8. Promoting Innovation in Blockchain Development Act Introduced In Congress With Bipartisan Support The […] Source link

Hyperliquid price remains under corrective pressure after forming another macro lower high near key resistance. Failure to reclaim critical volume levels now raises the probability of a move toward $22 support. Summary Macro lower highs confirm ongoing bearish structure Rejection at $35 VWAP and value area high resistance $22–$21 support becomes key downside target Hyperliquid (HYPE) price continues to trade within a broader bearish market structure, with recent price action reinforcing downside momentum rather than signaling recovery. Despite intermittent relief rallies, the asset has repeatedly failed to shift trend direction, leaving sellers firmly in control. The latest rejection at high…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

TLDR: Pi Network surpasses 50 million users while expanding its Open Network ecosystem. New token design links issuance to working apps and user engagement. KYC system combines AI processing and human validation for secure identity verification. Mainnet migration and developer tool upgrades drive growth and interoperability. Pi Network marks one year since launching its Open Network on February 20, 2025, signaling a major shift for its ecosystem. The transition connected its blockchain infrastructure, verified user base, and Web3 applications to external systems for the first time. Over the past year, the network has expanded its app ecosystem, upgraded developer tools,…

Key takeaways Chainlink could reach a maximum value of $15.65 in 2026. By 2029, LINK could reach a maximum price of $49.96. In 2032, Chainlink is expected to range between $120.12 and $151.35. The Chainlink platform emerged as a prominent player in the cryptocurrency market. It provides a secure, decentralized oracle network that connects smart contracts with real-world data, influencing the current price. As the adoption of decentralized finance (DeFi) and blockchain technology continues to grow, Chainlink’s innovative solutions have attracted significant attention from investors and traditional financial institutions alike. Chainlink continues to expand its reach and utility across the…

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. Happy Tuesday! Analysts warn bitcoin could face a “massive flush” toward the mid-$50,000 range as accelerating capital outflows, weakening ETF demand, and fragile macro conditions leave key support levels under increasing pressure. In today’s newsletter, with bitcoin in “extreme fear” mode, a full-blown capitulation may be yet to come. Plus, Terraform Labs sues Jane Street for alleged insider trading, Binance denies firing investigators over Iran flows, and more. Meanwhile, Mark Zuckerberg’s Meta reportedly may be ready to take another run at digital payments via…