Bitcoin is testing the $70,000 level after briefly surging toward $74,000, as 
the market attempts to stabilize following a volatile period marked by 
geopolitical uncertainty and rapid price swings. While the recent rally helped 
restore short-term momentum, analysts are closely monitoring on-chain data to 
determine whether the move reflects a broader shift in market structure or 
simply a temporary recovery within an ongoing consolidation phase. Related 
Reading: The $73,000 Test: Crowded Shorts And Negative Funding Fueled 
Bitcoin’s 15% Recovery According to top analyst Axel Adler, recent exchange 
flow data reveals a notable development that could signal underlying 
accumulation. An unusually large Bitcoin outflow was recorded this week, with 
approximately 31,900 BTC leaving exchanges in a single day. Historically, 
events of this magnitude have often been associated with large-scale transfers 
into cold storage, suggesting that some market participants may be moving 
coins off trading platforms for longer-term holding. Over the past seven days, 
Bitcoin netflows from exchanges have remained consistently negative. Daily 
outflows included roughly 2,867 BTC on February 27, 1,205 BTC on February 28, 
251 BTC on March 1, 6,129 BTC on March 2, 1,819 BTC on March 3, a sharp 31,900 
BTC on March 4, and 3,478 BTC on March 5. In total, approximately 47,700 BTC 
exited exchanges during the week, one of the largest weekly outflow figures 
observed over the past year. Stablecoin Flows Reveal Liquidity Deployment Into 
Bitcoin The report also examines stablecoin activity across exchanges, 
highlighting an important shift in liquidity dynamics during early March. Data 
from the All Stablecoins (ERC20) Exchange Netflow metric tracks the daily net 
movement of stablecoins across trading platforms and provides insight into how 
capital flows into and out of the crypto market. For most of 2025, stablecoin 
netflows displayed a largely neutral pattern, characterized by alternating 
inflows and outflows without a sustained directional trend. Several notable 
spikes occurred during the year, including inflows of roughly $2.7 billion in 
July and approximately $2.4 billion in September. However, a more significant 
regime shift emerged in early March 2026. Related Reading: The $1.35 Floor: 
How Extreme Negative Funding Is Priming XRP For A High-Velocity Trend Reversal 
At that time, the chart recorded a large stablecoin inflow of about $1.1 
billion entering exchanges. Within just a few days, the trend reversed, with 
netflow falling to around -$37.5 million. While the current outflow is not 
extreme relative to historical swings, the rapid transition from inflow to 
outflow suggests that incoming liquidity was quickly deployed. According to 
the analysis, this movement likely connects directly to the anomalous Bitcoin 
outflow observed on March 4. The sequence suggests that stablecoins were first 
deposited onto exchanges, converted into Bitcoin through spot purchases, and 
then withdrawn into cold storage. Large-scale accumulators trigger this 
behavior, buying Bitcoin on exchanges and immediately transferring it to long- 
term custody. Bitcoin Tests Key Level Around $70K The 4-hour chart shows 
Bitcoin consolidating near the $70,000 level after a sharp recovery from the 
late-February lows around $63,000. Following the geopolitical-driven selloff, 
BTC entered a sideways structure for several weeks before breaking higher in 
early March and briefly reaching the $74,000 region. This move pushed the 
price above the short-term moving averages, signaling improving momentum. 
Currently, Bitcoin is testing the confluence of several technical levels near 
$70K. The price has pulled back from the recent local high and is now hovering 
around the descending 200-period moving average, which is acting as immediate 
resistance. The 50-period and 100-period moving averages are slightly below 
the current price, forming a short-term support cluster in the $68,000–$69,000 
range. Related Reading: Manufacturing The Bitcoin Reserve: Inside The Trump 
Family’s 11,000-Miner Expansion At American Bitcoin From a structural 
perspective, the recent breakout shifted the market from a short-term 
downtrend into a consolidation phase with slightly higher lows. However, the 
rejection near $74,000 indicates that bullish momentum still faces overhead 
pressure. If Bitcoin manages to hold above the $69K support zone, the market 
could attempt another push toward the $73K–$74K resistance area. A decisive 
break above that region would confirm renewed bullish momentum. Conversely, 
losing the $68K support cluster could trigger another retest of the $65K–$66K 
range where strong buying previously emerged. Featured image from ChatGPT, 
chart from TradingView.com

The 31,900 Bitcoin Purge: Why March 4 Marked An Institutional Bitcoin Floor

If the crypto industry and community banks cannot find common ground on the 
CLARITY Act, the only winners will be the “big banks,” according to crypto 
executive Austin Campbell.

Community banks and crypto industry ‘are allies’ in CLARITY Act debate: Exec

Crypto is entering a regulated institutional era as Ripple expands licensed 
financial infrastructure and global compliance, signaling blockchain’s 
transition from experimentation to large-scale financial deployment, 
connecting traditional finance with digital asset markets. Ripple Signals End 
of Crypto’s Experimental Era as Regulated Institutional Infrastructure Takes 
Center Stage The digital asset industry is entering a new phase […]

Ripple Says Crypto Has Entered Institutional-Grade Era as TradFi–DeFi Bridge ‘Officially’ Opens

Ethereum’s co-founder Vitalik Buterin has called for “bolder and more 
open‑minded” experimentation at Ethereum’s application layer while keeping the 
core principles untouched. Related Reading: Bitcoin Price Shakes Iran Fear as 
ETF Inflows Drive Short Squeeze Into The Vital $70K Level A Bolder Path For 
Ethereum In a long post on the social network X on March 5, Vitalik Buterin is 
doubling down on rethinking the future of Ethereum. After his warning that 
Ethereum should not lose itself into a memecoin-chasing and yield-farming 
casino, he is now asking that builders have a “more bold and open mindset to 
many things” referring this time especially to the “application layer and how 
we see ourselves in the world”. An Open Mindset Before getting into his deep 
dive, Buterin clarifies that this open mindset shouldn’t leave people insecure 
about the network’s security protocols. Ethereum’s co-founder ties back to his 
previous concerns regarding Ethereum’s role beyond DeFi, reminding users once 
again what the project ethos is about: technological and financial tools to 
give people more freedom. We should not compromise on core properties: 
censorship resistance, open source, privacy, security (CROPS). We should not 
have “open mindedness” of the type that leaves people with no confidence of 
what security properties the L1 will have one year from now “Issues of 
Tecnological Direction” Buterin first tackles what he calls the “technological 
direction” of the project. He believes that, regarding the layer of 
applications and Ethereum’s interface to the world, “should be willing to 
radically rethink various concepts and step outside our comfort zone”. Related 
Reading: Culper Shorts Ethereum, Says Buterin Selling Signals More Pain Ahead 
The first aspect to revisit should be the application stack, “because the 
entire stack so far has not been built around privacy”, he claims. Ethereum’s 
base layer is finally becoming a robust, efficient settlement engine, but the 
layers on top, such as L2s, wallets, DeFi, oracles and even future AI agents, 
are often re‑centralizing the very risks Ethereum was built to remove. Buterin 
calls to build radically new AI‑native, privacy‑first apps, but do it in a way 
that cannot override the chain’s cryptographic guarantees. “It Also Includes 
Culture” Then, he moves to another critique on the short-term casino culture 
that seems to be taking over Ethereum. Referencing the Milady NFT’s, he calls 
the attention out to a very specific crypto vibe: the hyper‑online, 
irony‑poisoned, degenerate, meme‑driven speculation. For Buterin, Milady 
represents an environment where attention, aesthetics and in‑group memes 
matter more than building tools that help people under capital controls, 
censorship, or real economic stress. By invoking Milady, he’s asking: are we 
going to keep optimizing Ethereum for this kind of self‑referential, 
nihilistic fun, or are we finally going to ship “sanctuary tech” that someone 
in a crisis would actually rely on?. He says: Yes, it&#8217;s a silly meme. Yes, I 
find the political takes of some milady partisans cringe and sometimes 
outright bootlickerish (though other milady partisans are quite the opposite). 
But the core underlying subtext, the message behind the message, is: rip off 
the suit and tie. If you have your suit and tie on, be willing to grab the 
nearest wine glass and spill it all over your suit and tie, so you have no 
choice but to rip it off and reclaim your body&#8217;s full flexibility and freedom. 
“How Ethereum Can Grow Back Stronger” At the end of his reflection, Vitalik 
Buterin makes it very clear. Recognizing the &#8220;solid position&#8221; the project now 
has, and all the &#8220;amazing&#8221; things Ethereum has achieved, the goal for it 
should no longer be searching for “the next step to make it one step better”, 
but to ask “what are the most valuable things to build, knowing what we know 
now?”. Ethereum can only grow back stronger, Buterin says, if builders treat 
its base layer as untouchable public infrastructure and push all the wild 
experimentation into AI‑native, privacy‑first apps and L2s that still inherit 
its full trustless guarantees. ETH&#8217;s price trends to the downside on the daily 
chart. Source: ETHUSD on Tradingview Cover image from ChatGPT, ETHUSD chart 
from Tradingview

Vitalik Buterin Says Ethereum Should Be Bolder, Here’s Why

Institutional investors are holding firm through bitcoin’s latest market dip, 
signaling deeper conviction as ETF inflows, new buyers, and geopolitical 
tensions reinforce the cryptocurrency’s growing role as a potential safe-haven 
asset. Why Institutional Investors Aren’t Dumping Bitcoin During the Latest 
Dip Growing institutional participation is shaping bitcoin’s market behavior 
during periods of volatility. Crypto Research […]

Cryptocurrency price in ZAR