Acum 44 min
Bitwise CEO on March 27: Institutions "are here" as crypto allocations expand
Bitwise CEO Hunter Horsley said on March 27 that the market is moving from expecting institutional adoption to active deployment, adding that many allocators already hold crypto and more could enter over the next six months. He cited a Coinbase Institutional survey of 351 firms showing 74% expect higher prices over the next 12 months and 73% plan to increase allocations, with 29% targeting portfolio weights above 5% by 2026. Bitwise and VettaFi data also indicated advisor participation is rising, including a larger share allocating to crypto and more gaining the ability to trade it for clients.
BTC
BTC-4.19%
Acum 44 min
Acum 44 min
Worldcoin slides to $0.2701 6-month low after $26.17M WLD exchange transfers
Worldcoin (WLD) broke below the $0.3 level and printed a 6-month low of $0.2701, with the token trading at $0.282 at press time after a 9.03% daily drop. The Worldcoin team moved 89.65 million WLD worth $26.17 million to a new wallet and then sent funds to multiple centralized exchanges. Market data also showed heavy selling pressure, including $4.26 million in long liquidations and a market cap decline from $1 billion to $876 million.
WLD
WLD-14.87%
Acum 44 min
Acum 1 h
XRP derivatives heat up as SEC faces March 27 deadline on spot XRP ETF filings
The SEC hit a decision deadline on Friday, March 27, for multiple spot XRP ETF applications, while the agency was also expected to act on 91 pending crypto ETF filings covering 24 tokens. As the deadline approached, XRP derivatives metrics turned more risk-on, with open interest up 14.8% in 24h and perpetual funding jumping 158.19% to 0.0028. XRP was trading at $1.32 at the time of writing, down 2.95%, as markets reacted to macro and geopolitical headlines and a $13.5 billion options expiry.
XRP
XRP-3.10%
Acum 1 h
Acum 2 h
Ethereum exit queue surges as ETH drops 5% on March 26, testing $2k support
Ethereum (ETH) fell 5% on March 26 and failed to retake $2.2k, putting renewed pressure on the $2k level as liquidations and staking exits rose. Long liquidations reached about $112 million the next day, while an early holder sold 7,302 ETH at $2,073 and the validator exit queue jumped from 288 to 63k in under a week. Despite the stress, exchange balances hit a 10-year low and net withdrawals included $1.67 billion on March 22, a setup that could support a rebound if selling pressure fades.
ETH
ETH-4.06%
Acum 2 h