Shiba Inu’s native token $SHIB is up by almost 4% today, March 20, 2026. Binance’s long/short ratio hit a 3-week high. SEC/CFTC classify SHIB as a commodity and not a security. Shiba Inu, a well-known memecoin within the crypto world, surged in price today, March 20, 2026. In the last 24 hours, the token has been up by almost 4% as per CoinMarketCap. As per CoinMarketCap, this sharp rally significantly outperformed a broadly flat cryptocurrency market, which edged up just 0.36% to a total capitalization of $2.42 trillion. The Fear & Greed Index climbed to 32 from yesterday’s 30. This…
Author: cryphedge
After more than a decade of debate, enforcement actions, and industry lobbying, U.S. regulators have taken a decisive step toward clarifying how cryptocurrencies fit into federal law. On March 17, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued a sweeping 68-page interpretive release that formally classifies a broad range of crypto assets – including some of the industry’s most prominent tokens – as digital commodities, not securities.The move marks a pivotal turning point for the digital asset sector, which has long argued that existing securities laws, written nearly a century ago, were ill-suited…
OpenSea, once the undisputed leader of the NFT marketplace boom, has postponed the launch of its long-anticipated SEA token, underscoring the mounting pressure facing digital asset platforms in a cooling market. The decision to delay, originally slated for March 30, reflects both deteriorating market conditions and a broader strategic pivot as the company recalibrates for a more competitive and subdued NFT landscape.The announcement, made by CEO Devin Finzer on March 16, signals a clear departure from OpenSea’s earlier roadmap and highlights a growing recognition across the industry: timing is now as critical as innovation.A Token Launch Put on HoldThe SEA…
Altcoin trading volumes have dropped sharply to their multi-month low, showing weaker investor interest across the crypto market. Meanwhile, lower activity, cautious sentiment, and global uncertainty are pushing traders away from risk.Money is still moving inside crypto, hinting at a hidden shift. Is this a warning sign, or the start of the next big move?Altcoin Trading Volume Decline Signals Weak Market DemandAccording to data shared by CryptoQuant analyst DarkFost, altcoin trading activity across Binance and other major exchanges has fallen to its lowest levels in months. Meanwhile, Binance, the world’s largest cryptocurrency exchange, currently records around $7.7 billion in daily volume,…
Bittensor price is up by more than 15% today, March 20, 2026. The project was praised by Canadian-American venture capitalist Chamath Palihapitiya and NVIDIA CEO Jensen Huang agreed with the significance of the idea. Prices of Bittensor’s subnets like Templar and Targon also rose. Bittensor’s native token TAO, has surged by more than 15% today, March 20, 2026. With this surge, the price of the token is hovering around the $304 mark. This surge has been driven by Canadian-American venture capitalist Chamath Palihapitiya in presence of NVIDIA CEO Jensen Huang, who praised the project on All-In Podcast. During his podcast,…
The Chainlink price could lose $9 support and sellers attempt to complete the bear flag pattern amid geopolitical tension. The Chainlink reserve expanded its holdings with a fresh purchase of over 121,000 LINK. Derivative market data shows that the open interest tied to LINK futures contracts has plunged $400 million, suggesting a weak speculative force in price. The Chainlink price dropped 1.95% during Thursday market hours to exchange hands at $8.89. This downtick followed a hawkish policy update from the U.S. Federal Reserve on March 18th and the escalating geopolitical tension in the middle east. However, the LINK price seeks…
The Pendle price challenges the bottom trendline of an inverted flag pattern for a potential breakdown. A stagnant TVL at $2.25 signals reduced investor participation in the Pendle ecosystem. The open interest tied to Pendle futures contracts at $32 million showcase a lack of speculative force to support price recovery. PENDLE, the native utility token of the Pendle finance protocol, slips 1.43% during Tuesday’s U.S. market hours to trade at $1.25. The downtick aligns with broader market pullback as the Federal Reverse decision to hold rate cut steady on Wednesday, triggered a risk-off sentiment in the market. However, the Pendle…
The Bitcoin price is poised for 4.6% before challenging the key support trendline of a classic bearish pattern inverted flag. Morgan Stanley submitted an updated S-1 filing for a spot Bitcoin ETF, adding Fidelity as a custodian alongside Coinbase Custody and BNY Mellon. On-chain data shows that the amount of Bitcoin wallets with more than 100 coins has witnessed an increase of +753 in the last three months. The pioneer cryptocurrency Bitcoin extended its bearish pullback on Thursday to reach an intraday low of $68,800. However, the sellers struggled to hold those lower prices and BTC reverted to $70,359 with…
Retail investors became the main force behind gold-fund buying over the past six months, helping extend bullion’s rise even as some institutional money started to step back.At the same time, fresh inflows into US spot Bitcoin exchange-traded funds (ETFs) show part of Wall Street rebuilding crypto exposure through the regulated ETF channel, setting up a split in how investors are responding to the same backdrop of war, inflation pressure, and shifting rate expectations.The divergence offers a clearer view of investor behavior than either market does alone. Essentially, households have leaned on gold as the traditional store of value, while professional…
If you want to know what Bitcoin is backed by, you’ve hit the correct spot. Representing over 64% of the global digital asset ecosystem, Bitcoin is the largest cryptocurrency by market capitalization (≈1.48T). In this article, we’ll delve deeper into the key factors from which Bitcoin derives its value.What Does “Backed By” Mean?When a currency’s value depends on physical assets, public trust, government decree, or demand-supply conditions, it is called a “backed” currency. Commodity-backed currencies: They’re backed by specific quantities of physical commodities such as silver and gold. For instance, under the Bretton Woods Agreement, the US Dollar was backed by…
