Cryptocurrency
Bitcoin price briefly clears $31K as monthly, quarterly close nears

Bitcoin (BTC) spiked through $31,000 on June 30 as a nearly $6 billion open interest expiry loomed.

Options expiry precedes day of BTC price triggers
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting local highs of $31,268 on Bitstamp before returning lower.
BTC price performance improved into a key quarterly options expiry event, the second largest in Bitcoin’s history, with analysts keen to see its effect on markets.
“Will be interesting to see how much is rolled over to future expirations and whether that OI is call or put dominant –> as that will impact how dealers hedge (buy or sell BTC),” financial commentator Tedtalksmacro wrote in part of associated commentary.
June 30 represents a key date for BTC traders all around, with the options expiry forming just one in a series of key events.
Macroeconomic data from the United States in the form of the Personal Consumption Expenditures (PCE) print is also due, leading up to the monthly and quarterly candle closes.
For popular trader and analyst Rekt Capital, a close above $29,255 would confirm a breakout on monthly timeframes.
#BTC is positioning itself for a Monthly Close above a resistance that had rejected price for the past three months
And now $BTC is holding comfortably above that same level (black)#Crypto #bitcoin pic.twitter.com/b42XYWfcLi
— Rekt Capital (@rektcapital) June 29, 2023
Likewise, quarterly resistance at $28,872 was a focus, withRekt Capital noting that the same level had formed both resistance in Q1 2023 and 2020, as well as support in 2021.

Data from monitoring resource CoinGlass put Bitcoin’s current Q2 gains at 8% — still far behind Q1 performance over 70%.
Hoping for Bitcoin upside continuation
Others hoped that regardless of the potential volatility, Bitcoin would still be able to reach new local highs.
Related: Bitcoin speculators send 35K BTC to exchanges in new ‘elation inflow’
Among them was trader Crypto Tony, whose primary target was $32,000.
$BTC / $USD – Update #Bitcoin once again looking to work some magic and climb above that supply zone. Would be a Friday treat if we can manage to do that today .. pic.twitter.com/vBzeMvgXE4
— Crypto Tony (@CryptoTony__) June 30, 2023
Fellow trader Jelle acknowledged that BTC price was having trouble sustaining higher levels beyond brief spurts higher, with these always met with a retracement.
“The upside wicks in this consolidation may look scary, but we saw similar price action in the areas circled in red,” he reasoned, looking back on a chart of BTC/USD over the past year.
“Bitcoin looks eager for upside, sometime next week.“

Magazine: How smart people invest in dumb memecoins: 3-point plan for success
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Cryptocurrency
Ecotrader Introduces Blockchain-Powered Tokenization for Renewable Energy Investment

[PRESS RELEASE – Kingstown, St Vincent and the Grenadines, March 24th, 2025]
Ecotrader, a blockchain-based investment platform, has announced its upcoming launch, introducing a tokenized model for renewable energy projects. The platform is designed to bridge the gap between renewable energy markets and investors by leveraging blockchain technology to enhance accessibility, transparency, and liquidity in the sector.
Tokenizing Renewable Energy Assets
Ecotrader’s platform is designed to enable fractional ownership of renewable energy projects, such as solar farms and wind turbines. By utilizing blockchain technology, the platform aims to enhance transparency, simplify compliance procedures such as KYC, and create a more liquid market for renewable energy investments.
Expanding Access to Renewable Energy Markets
Traditional renewable energy investment models often involve intermediaries and barriers to entry. Ecotrader’s approach leverages blockchain’s decentralized nature to offer broader access to investment opportunities in the sector. Through tokenization, the platform seeks to provide a streamlined and efficient way to participate in renewable energy projects.
Platform Features and Ecosystem
Ecotrader collaborates with industry stakeholders, including engineers, analysts, and financial experts, to develop a blockchain-powered investment ecosystem. The platform’s native token, ECT, facilitates transactions related to renewable energy projects and special purpose vehicles (SPVs), with additional functionalities, such as staking, under development.
Supporting the Transition to Clean Energy
By integrating blockchain technology into the renewable energy market, Ecotrader aims to contribute to capital formation for sustainable projects. Tokenization is positioned as a mechanism to enhance investment accessibility while supporting the broader transition to a low-carbon economy.
About Ecotrader
Ecotrader is a pioneering platform that bridges the gap between crypto investors and the renewable energy sector. By tokenizing renewable energy projects, we are aiming to democratize access to sustainable investments, driving innovation and growth in the sector with the goal of accelerating the transition to a low-carbon economy and a sustainable future both for investors and the environment.
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Cryptocurrency
Warning: Bitcoin Just Hit $88K — But This Metric Says ‘Crash Ahead’

TL;DR
Bitcoin’s recent surge above $88K might be short-lived as technical indicators hint at overbought conditions.
Market analysts foresee a possible correction, with downside targets ranging between $72,800 and $80,000.
Beware of a New Pullback
The primary cryptocurrency started the business week on the right foot, with its price soaring above $88,000 for the first time since March 7. Despite the solid gains, though, one important indicator suggests that the rally might be short-lived and followed by a new correction.
The metric in question is Bitcoin’s Relative Strength Index (RSI), which measures the speed and change of price movements.
The ratio varies from 0 to 100, and readings above 70 typically signal that the asset might be in overbought territory, with its price potentially preparing to head south. Over the past several hours, the RSI has been hovering slightly above that bearish zone.
Some analysts also support the thesis that the BTC bulls might suffer additional pain in the near future. The X user Koroush AK believes the asset’s price pattern continues to follow an HTF downtrend. The market observer projected that the valuation might drop to as low as $72,800 unless BTC reclaims $92,000.
Captain Faibik gave their two cents, too. The analyst claimed BTC is still trading within a falling wedge pattern, envisioning a potential decline to $80,000 before a subsequent surge toward $109,000 in the following weeks.
How About a New ATH?
Another well-known person in the crypto space who touched upon the matter is Arthur Hayes (co-founder and former CEO of BitMEX). Earlier today (March 24), he predicted that BTC’s price is more likely to hit a fresh peak of $110,000 than tank to $76,500.
“If we hit $110k, then it’s yachtzee time and we ain’t looking back until $250k,” he added.
Hayes based his prediction on the potential quantitative easing (QE) policy the US Federal Reserve might enforce in the coming months. The central bank usually takes this step to stimulate the economy when interest rates are already low and traditional methods aren’t enough.
QE involves money printing to buy government bonds and other financial assets. It is typically implemented during recessions or financial crises and encourages borrowing, spending, and investing.
Currently, the US inflation rate is higher than the Fed’s target of 2%, which seems to be among the main reasons why interest rates remained unchanged after the previous FOMC meeting. It will be interesting to see whether the central bank will lower the benchmark (as expected) in its next meeting and whether that will benefit the crypto market.
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Cryptocurrency
Is Now a Good Time to Buy ETH? Analyst Shares Key Insights

Ethereum’s (ETH) underperformance in the last four months has raised speculation about the asset’s overall potential in this bull cycle. Investors are wondering which would be the right move—selling their ETH for other cryptocurrencies to avoid further losses or loading up on the asset in anticipation of future gains.
On-chain analyst Ali Martinez has offered insights into ether’s price trajectory, evaluating metrics that could paint a bullish or bearish outlook for the second-largest cryptocurrency.
A Good Time to Buy ETH?
According to Martinez’s analysis, ether’s 57% decline from $4,100 to $1,750 between December and mid-March drove investor sentiment into fear territory. This triggered significant selling activity, even among whales – this is evident in the number of addresses holding more than 10,000 ETH plummeting from 999 to 919 between mid-February and early March.
Transaction activity from Ethereum whales further intensified the selling with at least 130,000 ETH leaving wallets belonging to these large investors in the week ending March 17. United States spot Ethereum exchange-traded funds (ETFs) have also recorded outflows totaling $760 million in the past month.
Additionally, traders moved more than 100,000 ETH to crypto exchanges between March 11 and 13, contributing to the selling pressure.
Technical Indicators
From a technical perspective, ether’s three-day chart shows an ascending triangle pointing toward a possible plunge to $1,000. Another daily chart parallel channel break suggested the cryptocurrency could fall toward $1,250.
Furthermore, ETH pricing bands have highlighted $1,440 as a critical downside target, although the coin could witness a rebound if it holds at this support level. Martinez has identified $1,887 as the most important support level for ETH. At this cost-basis distribution level, investors have accumulated 1.63 million ETH.
However, if ETH fails to hold the $1,887 support level, then the plunge to lower targets of $1,440, $1,250, and even $1,000 would most likely happen. There is also significant resistance at $2,250 and $2,610; Martinez says ETH breaking above this area would invalidate the bearish outlook.
The crypto analyst insisted that the high selling activity and technical indicators pointed to further downside risk for ETH. However, it appears the tides are beginning to change. Recent data revealed that ETH whales accumulated 470,000 ETH last week, while traders have withdrawn 1.20 million ETH from exchanges in the last 48 days.
With a substantial amount of ETH exiting exchanges and whales accumulating the asset, there could be upward pressure on the price of the cryptocurrency. Ether has already been up almost 10% in the past week, hovering above $2,090 at the time of writing.
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