Coinbase has launched regulated crypto futures trading across 26 European 
countries, including Germany, France, and the Netherlands, through its 
Coinbase Advanced platform. Regulatory Framework and Leverage Options Coinbase 
has rolled out regulated crypto futures trading across 26 European countries, 
marking its first major derivatives push in the region. The launch, available 
through Coinbase Advanced, gives […]

Coinbase Expands Derivatives Push in Europe via MiFID-Regulated Entity

Ethereum price started a recovery wave from the $1,920 zone. ETH is now back 
above $2,000 and might aim for more gains in the near term. Ethereum started a 
recovery wave above the $2,000 zone. The price is trading above $2,000 and the 
100-hourly Simple Moving Average. There was a break above a key bearish trend 
line with resistance at $1,960 on the hourly chart of ETH/USD (data feed via 
Kraken). The pair could start a fresh decline if it stays below the $2,050 
zone. Ethereum Price Aims Higher Ethereum price started a recovery wave after 
it found support near the $1,920 zone, like Bitcoin. ETH price formed a base 
and was able to recover above the $1,980 resistance. There was a break above a 
key bearish trend line with resistance at $1,960 on the hourly chart of 
ETH/USD. The pair climbed above the 23.6% Fib retracement level of the 
downward move from the $2,200 swing high to the $1,912 low. The bulls even 
pushed the price above $2,020. Ethereum price is now trading above $2,000 and 
the 100-hourly Simple Moving Average. If the bulls remain in action above 
$2,000, the price could attempt another increase. Immediate resistance is seen 
near the $2,050 level. The first key resistance is near the $2,090 level or 
the 61.8% Fib retracement level of the downward move from the $2,200 swing 
high to the $1,912 low. The next major resistance is near the $2,120 level. A 
clear move above the $2,120 resistance might send the price toward the $2,150 
resistance. An upside break above the $2,150 region might call for more gains 
in the coming days. In the stated case, Ether could rise toward the $2,200 
resistance zone or even $2,250 in the near term. Another Decline In ETH? If 
Ethereum fails to clear the $2,090 resistance, it could start a fresh decline. 
Initial support on the downside is near the $2,000 level. The first major 
support sits near the $1,980 zone. A clear move below the $1,980 support might 
push the price toward the $1,940 support. Any more losses might send the price 
toward the $1,920 region. The main support could be $1,880. Technical 
Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the 
bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now above the 50 zone. Major 
Support Level – $1,980 Major Resistance Level – $2,090

Ethereum Price Climbs Past $2,000, $2,200 Now in Bullish Crosshairs

Bitmine&#8217;s strategic ETH move to Coinbase could enhance staking yields, 
influencing Ethereum&#8217;s market dynamics and institutional adoption.
The post Tom Lee&#8217;s Bitmine sends 5,300 ETH worth $11M to Coinbase, possibly 
for staking appeared first on Crypto Briefing.

Tom Lee’s Bitmine sends 5,300 ETH worth $11M to Coinbase, possibly for staking

Bitcoin continues to trade below the $70,000 level as the broader crypto 
market navigates another period of heightened volatility. After several 
attempts to regain upward momentum, price action has remained unstable, 
reflecting ongoing uncertainty across global financial markets. Despite these 
short-term fluctuations, structural indicators suggest that bigger changes may 
be occurring beneath the surface of the Bitcoin market. Related Reading: The 
31,900 Bitcoin Purge: Why March 4 Marked An Institutional Bitcoin Floor A 
recent report from CryptoQuant highlights a long-term trend that has been 
unfolding since 2022: a steady decline in the amount of BTC held on 
centralized exchanges. This shift accelerated following the collapse of FTX in 
November 2022, an event that significantly altered investor behavior across 
the crypto ecosystem. During that month alone, users withdrew more than 
325,000 Bitcoin from exchange reserves, rushing to move their holdings into 
private custody. Today, total Bitcoin reserves on exchanges have dropped to 
levels last seen in 2019, currently sitting at roughly 2.7 million BTC. Among 
retail-focused centralized exchanges, Binance alone holds approximately 20% of 
that supply, reflecting its dominant role in global crypto trading. When 
institutional platforms are included, Coinbase Advanced emerges as the largest 
holder, with around 800,000 BTC stored on the exchange. Even so, this figure 
remains roughly 200,000 BTC lower than the levels recorded in July 2025, 
underscoring the continued reduction in exchange-held supply. Institutional 
Accumulation Reshapes Bitcoin Supply Dynamics The CryptoQuant report also 
notes that the decline in exchange reserves cannot be explained solely by the 
aftermath of the FTX collapse. While that event accelerated the movement of 
funds into self-custody, two additional structural developments have played a 
major role in pushing exchange balances back to levels last seen in 2019. The 
first major driver has been the launch of spot Bitcoin ETFs in January 2024. 
At the time, exchange reserves were still above 3.2 million BTC. Since then, 
these investment vehicles have absorbed a significant portion of the 
circulating supply. Today, spot ETFs collectively hold around 1.3 million BTC, 
representing roughly 6.7% of the total supply. Custodial cold storage 
sequestering these holdings effectively removes a massive amount of Bitcoin 
from active exchange liquidity. A second structural factor is the emergence of 
Digital Asset Treasuries. An increasing number of companies have begun holding 
Bitcoin as a strategic reserve asset, collectively accumulating approximately 
1.1 million BTC—close to 5% of total supply. Together, these developments are 
reshaping Bitcoin’s market structure. As ETFs and corporate treasuries lock up 
larger portions of supply, a growing share of BTC becomes embedded within 
institutional financial frameworks. Over time, this shift could gradually 
tighten available market liquidity and influence long-term price formation 
dynamics. Related Reading: Post-Crash Purge: XRP’s 60% Valuation Reset Meets a 
Record Low in Exchange Liquidity Bitcoin Consolidates Near $67K As Short-Term 
Momentum Weakens The 4-hour chart shows Bitcoin trading around $67,500 after a 
period of sharp volatility that unfolded throughout February and early March. 
Price initially declined from the $87,000 region, triggering a strong sell-off 
that pushed BTC briefly below $60,000 before buyers stepped in to stabilize 
the market. Since that capitulation event, Bitcoin has entered a broad 
consolidation phase, fluctuating mostly between $64,000 and $72,000. 
Technically, the chart highlights a weakening short-term structure. Bitcoin 
remains below the longer-term moving averages, with the 200-period moving 
average (red) trending downward and acting as overhead resistance. Each recent 
rally attempt has struggled to sustain momentum once price approaches this 
level, suggesting that sellers remain active during upward moves. Related 
Reading: The $1.35 Floor: How Extreme Negative Funding Is Priming XRP For A 
High-Velocity Trend Reversal Meanwhile, the shorter moving averages have begun 
to flatten, reflecting a temporary balance between buyers and sellers. The 
market is currently hovering around these shorter-term indicators, indicating 
indecision as participants reassess the broader macro environment. Volume 
activity remains relatively moderate compared with the spike seen during the 
February capitulation, suggesting that the most aggressive selling pressure 
may have already occurred. However, for a stronger bullish recovery to 
develop, Bitcoin would likely need to reclaim the $70,000–$72,000 zone and 
establish sustained trading above the descending longer-term average. Featured 
image from ChatGPT, chart from TradingView.com

Bitcoin Exchange Reserves Fall To 2019 Levels As ETFs And Corporate Treasuries Accumulate

Anthropic is the first US company the Pentagon has labeled a risk to the 
military, with the AI company calling it “unprecedented and unlawful.”

Cryptocurrency price in DKK