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The Crypto Fear and Greed Index, one of the most widely used gauges of crypto investor sentiment, has fallen back down to “extreme fear” levels after briefly recovering on Wednesday.The Crypto Fear and Greed Index is at 18 at the time of this writing, down from the 20 recorded on Friday, according to CoinMarketCap. 20 signals “fear,” an atmosphere of caution among investors, but an improvement over rock-bottom market sentiment.Sentiment briefly spiked to 25 on Wednesday, but contracted as geopolitical tensions between the US, Israel and Iran continue to erode risk appetite and increase macroeconomic uncertainty among market participants. The…

The victim offered a 10% bounty for any recovered funds and asked exchanges and investigators to help trace the transfers. A crypto holder known online as Sillytuna said on March 5 that attackers stole about $24 million worth of tokens after threatening him with violence during a real-world robbery. The incident has renewed concern about so-called “wrench attacks,” a form of crime where perpetrators use physical threats to force victims to hand over control of their crypto wallets instead of attempting to hack them. Victim Describes Violent Coercion In several posts on X, Sillytuna said the theft involved armed attackers…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Extreme weather events have become routine with climate change globally. In 2024, U.S. farmers lost over $20 billion to wildfires, floods, hurricanes, hail, frost, and tornadoes. Canadian producers face similar difficulties: 51% of operations suffered from drought in 2022 and 2023, while 26% experienced flooding. British Columbia alone saw almost $460 million in losses last year. Producers in developing nations like Kenya or Brazil, who don’t have access to the same technologies as their peers in North…

Kazakhstan’s central bank has announced a strategic move to invest up to $350 million in cryptocurrency assets, marking a significant shift in its reserve management strategy.Kazakhstan’s central bank has unveiled plans to invest up to $350 million in cryptocurrency assets. This decision represents a substantial policy shift aimed at diversifying the country’s reserves.Kazakhstan has emerged as a significant player in the global crypto mining sector, contributing approximately 6-8% of Bitcoin’s global mining due to its low electricity costs. The government is also working on a regulatory framework to legalize and tax crypto mining and trading, further solidifying its position as…

In brief Kalshi is facing a lawsuit in California over its resolution of a market related to the former Iranian leader. The prediction market opted to utilize a rules provision called the “death carveout,” which effectively resolved and paid the market on its last traded price. Plaintiffs allege the market’s rules were not disclosed prominently enough and are seeking compensation for their positions. Popular prediction markets platform Kalshi is facing a class action lawsuit related to its handling of a market on the unseating of Iranian leader Ayatollah Ali Khamenei.  Filed in the District Court for the Central District of California,…

Retail investors have been scooping up Bitcoin after it slipped below $70,000, but whale activity suggests the price could still head lower if past patterns repeat, according to crypto sentiment platform Santiment.“The moment Bitcoin hit $74k, these key stakeholders began taking profit,” Santiment said in a report on Friday.Santiment explained that whales — those holding between 10 and 10,000 Bitcoin (BTC) — “accumulated heavily” between Feb. 23 and Mar. 3, when Bitcoin was trading between $62,900 and $69,600. Whales (green line) have been selling, while retail investors (red line) have been buying more Bitcoin. Source: SantimentSince Wednesday, when Bitcoin climbed…

Today, the Web3 Foundation (W3F) is entering a new chapter, one that is defined by focus, purpose, and a deliberate return to our founding mission: stewarding and accelerating the technologies that make decentralized web possible at a global scale.Over the years, W3F played a highly active, hands-on role in helping bootstrap networks such as Polkadot and Kusama. This phase was instrumental in bringing these networks to life and supporting the early growth of their communities, governance, and technical foundations.Today, these ecosystems have reached a level of maturity, and Polkadot has shifted its focus on building products to deliver real-world utility. This…

Key Takeaways A major supply headwind persists as 64 million SUI tokens were unlocked on March 1. Funding rates remain positive despite consolidation, signaling that long positions are overcrowded. To invalidate the bearish trend, SUI requires a daily close above the $1.05 resistance region. SUI is caught in one of the more treacherous setups in the current altcoin market. Notably, the relentless supply dilution has left bulls exposed on multiple fronts. Trading near $0.96 after a modest 4.8% bounce, SUI’s price remains weighed down by an 18% decline over the past 30 days, and the structural headwinds have not cleared. If…

On-chain data shows the Bitcoin Exchange Whale Ratio has witnessed a sharp increase recently, indicating that large deposit transactions have gained dominance. Bitcoin Exchange Whale Ratio Has Seen Its 30-Day SMA Value Hit 0.6 In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Bitcoin Exchange Whale Ratio. This on-chain indicator measures the ratio between the sum of the top 10 exchange inflows and the total exchange inflow. The ten largest transactions going toward exchanges are generally representative of deposit activity from the whale entities, so the Exchange Whale Ratio essentially tells…

“Our long-term target is $0.9000,” one analyst stated. Ripple’s XRP has registered a minor uptick over the past week, coinciding with the broader cryptocurrency market’s revival. However, some analysts believe its price may decline sharply in the near future and even fall below the psychological $1 level. New Pullback Ahead? Earlier this week, XRP tried to reclaim the $1.50 mark but failed and now trades at around $1.39 (per CoinGecko’s data). The asset’s market capitalization stands at approximately $85 billion, making it the fourth-biggest cryptocurrency, trailing behind BTC, ETH, and USDT. One person who has been closely monitoring its performance…