1h ago
Goldman Sachs Flags Bitcoin Bottom Risk, While LTH-NUPL Signal Stays Unconfirmed
Goldman Sachs analyst James Yaro wrote in a client note this week that Bitcoin's drawdown has roughly reached the cycle's historical peak-to-trough average, framing current levels as a selective entry point. On-chain tracking shows long-term holder profitability sliding from 58% to 3% over 142 days since the October 6, 2025 peak, while LTH-NUPL remains above zero. Price action from March 25–29 saw BTC fall from about $71,750 to near $65,500 before consolidating around $66,000–$67,000, as Bernstein reiterated a $150,000 year-end 2026 target.
BTC
BTC+0.79%
1h ago
1h ago
Adam Back flags 79,193 BTC Bitfinex margin longs high and sub-$69,000 TWAP buying
On March 29, 2026, Blockstream CEO Adam Back highlighted an unusually large build-up in Bitfinex margin long positions, which climbed to 79,193 BTC. He said buyers appear to be using TWAP-style purchases to absorb supply below $69,000, with an estimated accumulation rate of 300+ BTC per day. Back also framed the activity as occurring during a market correction, suggesting it reflects longer-term positioning rather than short-term speculation.
BTC
BTC+0.79%
1h ago
1h ago
XRP Holds $1.30 Support as Some Analysts Flag 30% Drop Risk to $0.95
XRP is testing the $1.30 support area, even as some analysts warn of a possible 30% slide that could take the token to around $0.95. The article argues that daily-chart signals, including volume profile activity near $1.37-$1.45 and a bullish RSI divergence, point to ongoing accumulation instead of a clean breakdown. It adds that the March candle close and whether XRP can stay above $1.37 may be pivotal for invalidating the bearish thesis.
XRP
XRP-0.05%
1h ago
1h ago
Canada's Strong and Free Elections Act would bar crypto donations and lift fines to $100,000
Canada introduced the proposed Strong and Free Elections Act on March 26, 2026, seeking to amend the Canada Elections Act and limit how federal parties, third parties, candidates, and donors can finance political activity. The draft would block "hard-to-trace" contributions including cryptocurrency, money orders, and prepaid cards, and raise administrative penalties to as much as $25,000 for individuals and $100,000 for organizations.
BTC
BTC+0.79%
1h ago
2h ago
Bitcoin pulls back from $72K after March 25 peak as netflows turn mixed
Bitcoin (BTC) retreated from $72k reached on Wednesday, March 25, then slid to $65.6k by Friday, March 27, before a modest weekend rebound. Data cited in the report shows retail sentiment turned sharply bearish while the long/short ratio rose, raising the risk of a long squeeze toward $64k or below. Analysts also pointed to a falling exchange stablecoin ratio and month-long negative exchange netflow as signs of sidelined buying power, though flows have been less decisive over the past four days.
BTC
BTC+0.79%
2h ago
2h ago
Bitcoin faces STH capitulation as whales hold steady and absorption builds
Bitcoin (BTC) remained in a sideways-to-bearish consolidation at press time as short-term holders realized losses, including a capitulation spike near -80,000 BTC in early February. STH metrics showed stress with only 4.9% of STH supply in profit and STH-MVRV at 0.7, while large-holder balances stayed broadly stable around 3.5 million BTC and 920,000 BTC across key cohorts. Long-term holders kept supply firm near 14.8 million BTC as illiquid supply rose by 86,000–90,000 BTC, supporting the view that sell pressure is being absorbed rather than cascading lower.
BTC
BTC+0.79%
2h ago