Cryptocurrency payments are gaining traction but still represent a small fraction of the market. Challenges like traditional finance inertia, volatility, and regulatory uncertainty slow widespread adoption. 💱⚖️
Mercuryo CEO Petr Kozyakov highlights dramatic improvements in crypto security and scalability, thanks to Layer 2 solutions and advanced custody tools. With growing user confidence, crypto adoption is at a turning point!
By 2030, Kozyakov envisions crypto dominating remittances and e-commerce, with stablecoins leading the charge. Hybrid systems combining TradFi and crypto could connect millions globally.
How do you see crypto reshaping global finance by 2030? Share your vision!
Bitcoin dropped to 81,600 and has now started recovering because the downside liquidity has been captured.
BTC is also testing its trendline.
If BTC holds this level and gains strength, we could see a move toward the next $88,500 resistance levels.
However, if it fails to sustain, another drop to retest lower support zones of $81,200 is possible.
$BTC /USDT: Consolidation Phase After Recent Dip
{spot}(BTCUSDT)
Market Overview: $BTC /USDT has seen slight bearish movement, down by 0.66% in the last 24 hours. It touched a low of $81,644.81 before recovering and stabilizing around $83,212.00. Trading volume remains substantial, indicating strong market interest.
Technical Analysis:
Immediate Resistance: $83,947.42
Immediate Support: $82,151.40
Stochastic RSI: 87.84, indicating overbought conditions.
Order Book Sentiment: 61.27% buy orders and 38.73% sell orders, suggesting mild bullish sentiment.
Potential Scenarios:
A break above $83,947.42 could pave the way for further gains toward the $84,500 zone.
A drop below $82,151.40 may lead to a retest of the $81,644.81 support level.
Investment Strategy:
Cautious entry is advised as the RSI indicates overbought levels.
Monitoring price action near resistance and support levels is essential for determining short-term trends.
Considering the current order book balance, buying pressure may drive further upside momentum.
Bloomberg strategist Mike McGlone noted that ETH remains closely correlated with risk assets. If U.S. equities continue to decline, ETH could fall further and potentially revisit the $1,000 level later this year. A recovery to $2,000 might signal strength for risk assets, but ongoing Bitcoin weakness could worsen losses across altcoins, especially leading ones.
SUI: Bullish or Dead-Cat Bounce?
This week, SUI gained 6%, beating market weakness and sustaining support above an ascending trendline around $2.29. Concentrated purchasing activity at key levels supports the price despite a 10.17% drop in 24 hours.
SUI/USDT has steadied at trendline and horizontal support at $2.30, sustaining its short-term bullish structure. After falling below 27, the Relative Strength Index (RSI) has risen, suggesting a halt or reversal in the latest selloff.
A strong rise over $2.40 might shift momentum toward the following resistance levels as bearish pressure persists below the 50-period EMA.
Developer-focused Web3 projects and tools were showcased during the SUI Gaming Summit, establishing the network as a blockchain-based gaming center.
Its presence in African markets rose 6x this year, indicating a huge increase in reach and use case possibilities.
Beyond short-term speculation, these patterns indicate growing trust in SUI's long-term value.
SUI: Bullish or Dead-Cat Bounce?
SUI's 6% weekly rise may start a protracted rally if technical confirmation and ecosystem follow-through occur.
Despite holding up nicely at significant support, the coin is below the 50-period EMA, a technical obstacle. A break above $2.50 might lead to a retest of $2.61, while a fall below $2.29 could go to $2.23.
Trader watchpoints:
Confirm upward trend by breaking $2.50 (EMA).
Gaming and DeFi integration progress
Crypto market adoption in developing markets
In conclusion, SUI's structure is promising, but momentum must be matched by on-chain growth and breakout confirmation.
#SUI🔥 #sui #TrumpTariffs #MarketPullback #WYSTStablecoin $SUI
MARA Holdings Expands Bitcoin Strategy with $2 Billion Stock Offering
#MARA Holdings (MARA), a prominent player in Bitcoin mining, has announced a significant $2 billion stock offering aimed at bolstering its Bitcoin acquisition efforts. This move underscores the company's commitment to its "Hodl" strategy amidst evolving market conditions.
In a recent filing with the US Securities and Exchange Commission (SEC), MARA revealed its collaboration with top investment banks, including Barclays, BMO Capital Markets, BTIG, and Cantor Fitzgerald, to implement an at-the-market (ATM) equity program. This program will allow MARA to periodically sell shares, with the proceeds primarily directed towards purchasing #Bitcoin from the open market.
MARA's decision to pursue this new stock sale follows a previous ATM equity initiative that aimed to raise up to $1.5 billion. The company currently holds 46,376 $BTC , making it the second-largest Bitcoin-holding public company, just behind Strategy, which holds 506,137 BTC. This aggressive accumulation strategy mirrors that of MicroStrategy and its founder, Michael Saylor, who has championed the use of equity offerings to acquire Bitcoin.
What sets MARA apart is its proactive approach to buying Bitcoin rather than relying solely on mining operations. This strategy has gained traction following the last Bitcoin halving event, which significantly reduced mining rewards and increased operational costs. By purchasing Bitcoin at market prices, MARA can avoid the financial strain associated with mining while maintaining flexibility in managing its Bitcoin reserves.
MARA's capital raise and acquisition plan reflect a growing trend among institutional investors who are increasingly viewing Bitcoin as a strategic asset and a hedge against inflation. Holding substantial Bitcoin reserves may also enhance MARA's position in the competitive mining sector, allowing it to navigate market volatility more effectively.
#CryptoNews #BTC
Read more: www.ecoinimist.com/2025/03/30/mara-launches-2-billion-stock-offering/
The House of ZK report on zkEthereum provides a detailed update on Manta Network’s advancements in technology, underscoring its role as a key player in Ethereum scaling solutions.
@Manta has recently launched the Trophy Room, a centralized platform designed to streamline user engagement within its ecosystem. This innovative feature allows users to easily track active campaigns, claim rewards seamlessly, and connect their wallets and social media accounts for a more integrated experience. By offering loyalty points and social sharing capabilities, the Trophy Room enhances participation and incentivizes community interaction, making it simpler for users to engage with Manta’s offerings.
This development aligns with Manta Network’s broader mission to leverage ZK proofs for improved privacy, security, and scalability on Ethereum’s Layer 2 infrastructure.
As a modular blockchain, Manta is at the forefront of addressing Ethereum’s scaling challenges, reducing gas fees, and ensuring efficient, privacy-preserving transactions. The Trophy Room not only strengthens Manta’s ecosystem but also reinforces its position as a leading solution in the rapidly evolving Web3 landscape, particularly for decentralized applications requiring robust privacy and scalability features.
#MantaNeverStops #ETH
$FLM Bulls Showing Life After Deep Pullback
{future}(FLMUSDT)
$FLM just bounced from the key support zone of $0.0294 and is currently trading at $0.0306, attempting a recovery after a sharp decline. The hourly chart reveals a solid structure shift—price is forming a rounded bottom with higher lows, suggesting accumulation and early signs of a bullish reversal.
Entry Zone: $0.0302 – $0.0310
Stop Loss: Below $0.0292
Target Zone: $0.0325 – $0.0340
Risk-Reward: Positive setup with minimal downside if managed properly
The price structure has shifted. Buyers defended the lows, momentum is rising, and volume supports the upward move. If price breaks above $0.0310 cleanly, a short squeeze or quick pump could follow.
#Altcoins #LongTrade #FLMUSDT #DeFi
Unlocking the Potential of Asia's Crypto Market: Insights from Manta Network and Foresight Ventures
TThe Asian crypto market is booming, driving the global crypto revolution. Manta Network's growth in the region is impressive, with localized strategies and user-centric approaches.
Featured in Foresight Ventures' research report, Manta Network has demonstrated its commitment to expanding its presence in Asia.
Foresight Ventures' "GTM in Asia" report highlights key trends:
- Singapore: Institutional investors, clear regulations, and high crypto ownership (24.4%).
- Japan and Korea: Wealthier users avoid P2E games and airdrops, with Korea's speculative markets contrasting Japan's NFT focus.
- China: Strong digital adoption, tech-savvy users, and innovation despite strict policies.
- Southeast Asia: Younger populations, P2E games, and DeFi applications dominate, with a focus on user volume.
Manta Network's optimization of product architecture and tokenomics will further solidify its position in the Asian crypto market, driving growth and adoption.
As the market continues to evolve, staying informed about the latest trends and insights is crucial for investors, entrepreneurs, and users.
#MantaNeverStops #Asiantraders
The Debate Over Altcoins: A Call for Bitcoin-Only Exchanges
In a recent discussion, River Financial CEO Alex Leishman raised concerns about the impact of listing altcoins on cryptocurrency exchanges. He argues that this practice can lead platforms into a cycle of promoting meme coins and speculation, ultimately transforming them into "crypto casinos."
Leishman emphasized that once an exchange lists even a single altcoin, it becomes trapped in a continuous cycle of meme coin listings. He believes that the addition of popular altcoins like #Ethereum or #Solana creates market pressures that compel exchanges to keep adding speculative assets.
River Financial, along with other Bitcoin-only firms, advocates for a model focused on long-term wealth-building through #Bitcoin , contrasting sharply with the speculative nature of multi-asset exchanges. Leishman describes the latter as prioritizing short-term gains at the expense of retail traders, who are often left vulnerable to market volatility.
This critique is echoed by industry leaders like Eddy Lazzarin from A16z, who has warned that the rise of #memecoins detracts from the long-term potential of cryptocurrency. As the meme coin market faces significant declines, with a nearly 49% drop in market capitalization since early 2025, the sustainability of this business model is under scrutiny.
Despite the downturn, exchanges that list meme coins often experience short-term trading surges, highlighting the tension between immediate profits and long-term value creation. The future of exchange models remains uncertain, but the conversation about the ethical implications of meme coin trading is ongoing.
As the industry evolves, the question remains: will more platforms shift to Bitcoin-only models, or will they continue to chase the allure of speculative tokens? $BTC $ETH $SOL
Read more: www.ecoinimist.com/2025/03/30/bitcoin-firms-meme-coin-hamster-wheel/