Crypto Vesting

Pavel Durov, founder of the popular messaging app Telegram, has left France and relocated to Dubai following approval from a French court.

On March 13, Durov reportedly received permission from the French court to depart the country, allowing him to travel to Dubai — a city known for its business-friendly environment and lack of extradition agreements with many nations — according to a Barron’s report citing unknown sources.

The exact terms of the court’s decision remain unclear, but Durov’s relocation has reignited debates about jurisdiction, privacy, and the responsibilities of tech leaders in combating illegal activities on their platforms.

Citing unnamed sources, AFP reported that “He (Durov) departed France this morning,” adding that he left with the authorities’ approval. Another source stated that he had been granted permission to leave France for “several weeks.”

The Telegram founder’s legal issues began on Aug. 24, when he was temporarily

Read More at https://cointelegraph.com/news/telegram-founder-pavel-durov-leaves-france?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742147916311&utm_campaign=rss_partner_inbound

Pavel Durov, founder of the popular messaging app Telegram, has left France and relocated to Dubai following approval from a French court.

On March 13, Durov reportedly received permission from the French court to depart the country, allowing him to travel to Dubai — a city known for its business-friendly environment and lack of extradition agreements with many nations — according to a Barron’s report citing unknown sources.

The exact terms of the court’s decision remain unclear, but Durov’s relocation has reignited debates about jurisdiction, privacy, and the responsibilities of tech leaders in combating illegal activities on their platforms.

Citing unnamed sources, AFP reported that “He (Durov) departed France this morning,” adding that he left with the authorities’ approval. Another source stated that he had been granted permission to leave France for “several weeks.”

The Telegram founder’s legal issues began on Aug. 24, when he was temporarily

Read More at https://cointelegraph.com/news/telegram-founder-pavel-durov-leaves-france?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts.

The cumulative stablecoin supply has surpassed $219 billion, suggesting that the current cycle is still far from its top.

Source: IntoTheBlock

Historically, stablecoin supply peaks have aligned with crypto cycle tops, according to a March 14 X post by crypto intelligence platform IntoTheBlock, which wrote:

“In April 2022, supply hit $187B—just as the bear market started. Now it’s at $219B and still rising, suggesting we’re likely still mid-cycle.”

Increasing stablecoin inflows to crypto exchanges can signal incoming buying pressure and growing investor appetite, as stablecoins are the main investor on-ramp from fiat to the crypto world. 

Still, Ether (ETH) price is down over 52% over the past three months,

Read More at https://cointelegraph.com/news/rising-219-b-stablecoin-supply-mid-bull-cycle-not-top?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742147916311&utm_campaign=rss_partner_inbound

The current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts.

The cumulative stablecoin supply has surpassed $219 billion, suggesting that the current cycle is still far from its top.

Source: IntoTheBlock

Historically, stablecoin supply peaks have aligned with crypto cycle tops, according to a March 14 X post by crypto intelligence platform IntoTheBlock, which wrote:

“In April 2022, supply hit $187B—just as the bear market started. Now it’s at $219B and still rising, suggesting we’re likely still mid-cycle.”

Increasing stablecoin inflows to crypto exchanges can signal incoming buying pressure and growing investor appetite, as stablecoins are the main investor on-ramp from fiat to the crypto world. 

Still, Ether (ETH) price is down over 52% over the past three months,

Read More at https://cointelegraph.com/news/rising-219-b-stablecoin-supply-mid-bull-cycle-not-top?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Ether risks another decline below $1,900, which may open up a significant amount of investor demand, which may catalyze Ether’s recovery from its three-month downtrend

Ether (ETH) price fell over 52% during its three-month downtrend after it peaked above $4,100 on Dec. 16, 2024, TradingView data shows.

While another correction below $1,900 is on the horizon, this may unleash significant buying pressure, according to Juan Pellicer, senior research analyst at IntoTheBlock.

ETH/USD, 1-day chart. Source: Cointelegraph/TradingView

“Onchain metrics reveal a robust demand zone for ETH just below $1,900,” the analyst told Cointelegraph, adding:

“Historically, around 4.3 million ETH were bought in the $1,848–$1,905 range, signaling substantial support. If ETH drops below this level, capitulation risks rise, as demand beyond this zone appears much thinner.”

In/Out of the Money around price. Source: IntoTheBlock

In financial markets, capitulation refers to investors selling their positions

Read More at https://cointelegraph.com/news/ether-fall-below-1-9k-robust-demand-zone-analysts-capitulation?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742147916311&utm_campaign=rss_partner_inbound

Ether risks another decline below $1,900, which may open up a significant amount of investor demand, which may catalyze Ether’s recovery from its three-month downtrend

Ether (ETH) price fell over 52% during its three-month downtrend after it peaked above $4,100 on Dec. 16, 2024, TradingView data shows.

While another correction below $1,900 is on the horizon, this may unleash significant buying pressure, according to Juan Pellicer, senior research analyst at IntoTheBlock.

ETH/USD, 1-day chart. Source: Cointelegraph/TradingView

“Onchain metrics reveal a robust demand zone for ETH just below $1,900,” the analyst told Cointelegraph, adding:

“Historically, around 4.3 million ETH were bought in the $1,848–$1,905 range, signaling substantial support. If ETH drops below this level, capitulation risks rise, as demand beyond this zone appears much thinner.”

In/Out of the Money around price. Source: IntoTheBlock

In financial markets, capitulation refers to investors selling their positions

Read More at https://cointelegraph.com/news/ether-fall-below-1-9k-robust-demand-zone-analysts-capitulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Several years back, many in the crypto community described Bitcoin as a “safe-haven” asset. Fewer are calling it that today.

A safe-haven asset maintains or increases in value in times of economic stress. It can be a government bond, a currency like the US dollar, a commodity like gold, or even a blue-chip stock. 

A spreading global tariff war set off by the United States, as well as troubling economic reports, have sent equity markets tumbling, and Bitcoin too — which wasn’t supposed to happen with a “risk off” asset. 

Bitcoin has suffered compared with gold, too. “While gold prices are up +10%, Bitcoin is down -10% since January 1st,” noted the Kobeissi Letter on March 3. “Crypto is no longer viewed as a safe haven play.” (Bitcoin dropped even further last week.)

But some market observers are saying that this wasn’t really unexpected.

Bitcoin (white) and gold (yellow) price

Read More at https://cointelegraph.com/news/bitcoin-trade-tariff-safe-haven?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742147916311&utm_campaign=rss_partner_inbound

Several years back, many in the crypto community described Bitcoin as a “safe-haven” asset. Fewer are calling it that today.

A safe-haven asset maintains or increases in value in times of economic stress. It can be a government bond, a currency like the US dollar, a commodity like gold, or even a blue-chip stock. 

A spreading global tariff war set off by the United States, as well as troubling economic reports, have sent equity markets tumbling, and Bitcoin too — which wasn’t supposed to happen with a “risk off” asset. 

Bitcoin has suffered compared with gold, too. “While gold prices are up +10%, Bitcoin is down -10% since January 1st,” noted the Kobeissi Letter on March 3. “Crypto is no longer viewed as a safe haven play.” (Bitcoin dropped even further last week.)

But some market observers are saying that this wasn’t really unexpected.

Bitcoin (white) and gold (yellow) price

Read More at https://cointelegraph.com/news/bitcoin-trade-tariff-safe-haven?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Key takeaways

The Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure.

Connecting these highs and lows with trendlines creates a megaphone-like appearance, reflecting market instability.

The formation signals heightened volatility, with price swings becoming more pronounced over time.

Depending on the trend direction, the pattern can indicate potential breakouts either upward (bullish) or downward (bearish).

The megaphone pattern, also known as a broadening formation, is a technical analysis chart pattern that traders observe in various financial markets, including cryptocurrencies like Bitcoin. 

This pattern is characterized by its distinctive shape, resembling a megaphone or an expanding triangle, and signifies increasing volatility and market indecision. Here are its defining characteristics:

Higher highs and lower lows: The pattern consists of at least two higher highs and two lower lows, forming an expanding structure. Each subsequent peak is higher than the previous one, and each trough is

Read More at https://cointelegraph.com/news/bitcoin-s-megaphone-pattern-explained-how-to-trade-it?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742147916311&utm_campaign=rss_partner_inbound

Key takeaways

The Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure.

Connecting these highs and lows with trendlines creates a megaphone-like appearance, reflecting market instability.

The formation signals heightened volatility, with price swings becoming more pronounced over time.

Depending on the trend direction, the pattern can indicate potential breakouts either upward (bullish) or downward (bearish).

The megaphone pattern, also known as a broadening formation, is a technical analysis chart pattern that traders observe in various financial markets, including cryptocurrencies like Bitcoin. 

This pattern is characterized by its distinctive shape, resembling a megaphone or an expanding triangle, and signifies increasing volatility and market indecision. Here are its defining characteristics:

Higher highs and lower lows: The pattern consists of at least two higher highs and two lower lows, forming an expanding structure. Each subsequent peak is higher than the previous one, and each trough is

Read More at https://cointelegraph.com/news/bitcoin-s-megaphone-pattern-explained-how-to-trade-it?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound