Bitcoin worth is poised to hit $110,000 earlier than retesting the $76,500 vary, in accordance to Arthur Hayes, pointing to easing inflationary issues and extra favorable financial coverage situations within the US which can be set to bolster danger property, together with the world’s first cryptocurrency.
Nonetheless, the decentralized finance (DeFi) business took one other hit after an unknown whale exploited Hyperliquid’s algorithms to generate over $6 million in revenue on a memecoin quick place.
Bitcoin “extra seemingly” to hit $110,000 earlier than $76,500 — Arthur Hayes
Bitcoin could attain a brand new all-time excessive of $110,000 earlier than any important retracement, in accordance to some market analysts who cite easing inflation and rising international liquidity as key elements supporting a worth rally.
Bitcoin (BTC) has risen for 2 consecutive weeks, attaining a bullish weekly shut simply above $86,000 on March 23, TradingView knowledge reveals.
Mixed with fading inflation-related issues, this will likely set the stage for Bitcoin’s rally to a $110,000 all-time excessive, in accordance to Arthur Hayes, co-founder of BitMEX and chief funding officer of Maelstrom.
BTC/USD, 1-week chart. Supply: Cointelegraph/TradingView
Hayes wrote in a March 24 X post:
“I wager $BTC hits $110k earlier than it retests $76.5k. Y? The Fed goes from QT to QE for treasuries. And tariffs don’t matter explanation for “transitory inflation.” JAYPOW instructed me so.”
Supply: Arthur Hayes
“What I imply is that the value is extra seemingly to hit $110k than $76.5k subsequent. If we hit $110k, then it’s yachtzee time and we ain’t trying again till $250k,” Hayes added in a follow-up X post.
Quantitative tightening (QT) is when the US Federal Reserve shrinks its steadiness sheet by promoting bonds or letting them mature with out reinvesting proceeds, whereas quantitative easing (QE) signifies that the Fed is shopping for bonds and pumping cash into the financial system to decrease rates of interest and encourage spending throughout troublesome monetary situations.
Different analysts identified that whereas the Fed has slowed QT, it has not but absolutely pivoted to easing.
“QT just isn’t ‘principally over’ on April 1st. They nonetheless have $35B/mo coming off from mortgage backed securities. They simply slowed QT from $60B/mo to $40B/mo,” according to Benjamin Cowen, founder and CEO of IntoTheCryptoVerse.
Hyperliquid whale nonetheless holds 10% of JELLY memecoin after $6.2 million exploit
A crypto whale who allegedly manipulated the value of the Jelly my Jelly (JELLY) memecoin on decentralized change Hyperliquid nonetheless holds practically $2 million value of the token, in accordance to blockchain analysts.
The unidentified whale made not less than $6.26 million in revenue by exploiting the liquidation parameters on Hyperliquid.
In accordance to a postmortem report by blockchain intelligence agency Arkham, the whale opened three giant buying and selling positions inside 5 minutes: two lengthy positions value $2.15 million and $1.9 million and a $4.1 million quick place that effectively offset the longs.
Supply: Arkham
When the value of JELLY rose by 400%, the $4 million quick place wasn’t instantly liquidated due to its measurement. As a substitute, it was absorbed into the Hyperliquidity Supplier Vault (HLP), which is designed to liquidate giant positions.
The entity should be holding practically $2 million value of the token’s provide, in accordance to blockchain investigator ZachXBT.
“5 addresses linked to the entity who manipulated JELLY on Hyperliquid nonetheless maintain ~10% of the JELLY provide on Solana ($1.9M+). All JELLY was bought since March 22, 2025,” he wrote in a March 26 Telegram submit.
Constancy plans stablecoin launch after SOL ETF “regulatory litmus take a look at”
Constancy Investments is reportedly within the last phases of testing a US dollar-pegged stablecoin, signaling the agency’s newest push into digital property amid a extra favorable crypto regulatory local weather underneath the Trump administration.
The $5.8 trillion asset supervisor plans to launch the stablecoin by way of its cryptocurrency division, Constancy Digital Property, according to a March 25 report by the Monetary Instances citing nameless sources accustomed to the matter.
The stablecoin growth is reportedly a part of the asset supervisor’s wider push into crypto-based providers. Constancy can also be launching an Ethereum-based “OnChain” share class for its US greenback cash market fund.
Constancy’s March 21 submitting with the US securities regulator stated the OnChain share class would assist monitor transactions of the Constancy Treasury Digital Fund (FYHXX), an $80 million fund consisting nearly fully of US Treasury payments.
Whereas the OnChain share class submitting is pending regulatory approval, it’s anticipated to take impact on Might 30, Constancy stated.
Constancy’s submitting to register a tokenized model of the Constancy Treasury Digital Fund. Supply: Securities and Exchange Commission
More and more extra US monetary establishments are launching cryptocurrency-based choices after President Donald Trump’s election signaled a shift in coverage.
Polymarket faces scrutiny over $7 million Ukraine mineral deal wager
Polymarket, the world’s largest decentralized prediction market, is underneath hearth after a controversial consequence raised issues over potential governance manipulation in a high-stakes political wager.
A betting market on the platform requested whether or not US President Donald Trump would settle for a uncommon earth mineral cope with Ukraine earlier than April. Regardless of no such occasion occurring, the market was settled as “Sure,” triggering a backlash from customers and business observers.
This will level to a “governance assault” during which a whale from the UMA Protocol “used his voting energy to manipulate the oracle, permitting the market to settle false outcomes and efficiently revenue,” in accordance to crypto risk researcher Vladimir S.
“The tycoon forged 5 million tokens by way of three accounts, accounting for 25% of the entire votes. Polymarket is dedicated to stopping this from occurring once more,” he wrote in a March 26 X submit.
Supply: Vladimir S.
Polymarket employs UMA Protocol’s blockchain oracles for exterior knowledge to settle market outcomes and confirm real-world occasions.
Polymarket knowledge reveals the market amassed greater than $7 million in buying and selling quantity earlier than selecting March 25.
Ukraine/US mineral deal betting pool on Polymarket. Supply: Polymarket
Nonetheless, not everybody agrees that it was a coordinated assault. A pseudonymous Polymarket person, Tenadome, stated that the result was the results of negligence.
DWF Labs launches $250 million fund for mainstream crypto adoption
Dubai-based crypto market maker and investor DWF Labs launched a $250 million Liquid Fund to speed up the expansion of mid- and large-cap blockchain tasks and drive real-world adoption of Web3 applied sciences.
DWF Labs is ready to signal two funding offers value $25 million and $10 million as a part of the fund.
The initiative goals to develop the crypto panorama by providing strategic investments starting from $10 million to $50 million for tasks which have the potential to drive real-world adoption, in accordance to a March 24 announcement shared with Cointelegraph.
Supply: DWF Labs
The fund will concentrate on blockchain tasks with important “usability and discoverability,” in accordance to Andrei Grachev, managing associate of DWF Labs.
“We’re focusing our help on mid-to-large-cap tasks, the tokens and platforms that usually function entry factors for retail customers,” Grachev instructed Cointelegraph, including:
“Nonetheless, good expertise and utility alone isn’t adequate. Customers first want to uncover these tasks, comprehend their worth and develop belief.”
“We consider that strategic capital, coupled with hands-on ecosystem growth, is the important thing to unlocking the subsequent wave of development for the business,” he stated.
DeFi market overview
In accordance to knowledge from Cointelegraph Markets Pro and TradingView, many of the 100 largest cryptocurrencies by market capitalization ended the week within the inexperienced.
Of the highest 100, the BNB Chain-native 4 (FORM) token rose over 40% because the week’s largest gainer, adopted by the Cronos (CRO) token, up over 37% on the weekly chart, regardless of blockchain investigators accusing Crypto.com of manipulating the CRO token provide, after reissuing 70 billion tokens that had been “completely” burned in 2021.
Whole worth locked in DeFi. Supply: DefiLlama
Thanks for studying our abstract of this week’s most impactful DeFi developments. Be a part of us subsequent Friday for extra tales, insights and schooling concerning this dynamically advancing house.
