BlockBeats News, March 17, U.S. President Trump stated, 'The Federal Reserve should hold a special meeting now to cut interest rates.'

When the Ethereum Foundation moves tokens, the market pays attention. Historically, retail traders have viewed foundation sell-offs as a "top signal"—a warning that the insiders are cashing out before a dump. On March 16, 2026, the Ethereum Foundation confirmed the sale of 5,000 ETH in an Over-The-Counter (OTC) deal worth slightly over $10.2 million. The transaction executed at an average price of $2,042.96 per coin. If you are just reading the headlines, you might think the foundation is dumping on retail. However, a deeper look into the counterparty of this transaction, combined with current spot market data showing ETH climbing above $2,269, reveals a completely different macroeconomic narrative. Here is the Tapbit desk breakdown of why corporate treasuries are treating Ethereum as the new digital reserve asset, and what it means for your trading strategy. The Counterparty: BitMine is the "MicroStrategy of Ethereum" The most critical detail of this 5,000 ETH sale is who bought it. The foundation did not dump these tokens blindly onto a spot exchange order book; they executed a direct OTC block trade with BitMine Immersion Technologies, a publicly traded firm. BitMine is quietly building one of the most aggressive corporate treasury positions in the history of decentralized finance. Prior to this acquisition, the company reported holding a staggering 4.5 million ETH. At today's spot price near $2,269, that balance sheet sits at over $10.2 Billion. What MicroStrategy did for Bitcoin over the last five years, BitMine is currently doing for Ethereum. Institutions are no longer treating Ethereum purely as a high-beta tech speculation. With its deflationary mechanisms (via EIP-1559 burns) and native staking yield, publicly traded companies are increasingly utilizing ETH as an inflation-resistant, yield-bearing reserve asset. When a single corporate entity absorbs 5,000 ETH directly from the foundation to add to a multi-billion dollar hoard, it signals aggressive, long-term institutional accumulation. The Foundation's Strategy: Funding the Ecosystem For the Ethereum Foundation, this sale is a routine execution of financial discipline. The foundation is fundamentally a non-profit organization responsible for funding protocol R&D, network upgrades, and developer grants. Relying entirely on external donations is unsustainable. By strategically liquidating minor portions of its treasury during market uptrends—such as last July's 10,000 ETH sale to SharpLink Gaming—the foundation secures its operational runway without shocking retail spot markets. Currently, ETH is demonstrating massive relative strength. The asset is up roughly 8.2% over the trailing seven days, brushing off recent macroeconomic headwinds that briefly suppressed the broader crypto market. The foundation successfully capitalized on the recent $2,000+ breakout to secure $10.2 million in runway without moving the global liquidity needle. ETH Price Charts How to Trade the ETH Corporate Squeeze on Tapbit We are witnessing a structural supply squeeze on Ethereum. Between ETH locked in staking contracts, burned via transaction fees, and now being aggressively hoarded by corporate treasuries like BitMine, the liquid supply available on exchanges is plummeting. For Tapbit traders, the playbook is simple: do not bet against institutional accumulation. ➡️ Buy the Dip: With ETH showing strong support above the $2,100 level, use Tapbit's deep spot liquidity to scale into positions during any short-term market pullbacks. The corporate floor is thick. ➡️ Leverage the Momentum: If you are day-trading, utilize Tapbit’s perpetual futures contracts to trade the breakout. With ETH currently trading near $2,269, closely watch the $2,300 psychological resistance. A high-volume break above that level will trigger a cascade of short liquidations. ➡️ New to Tapbit? Log in or Register your free account today and get access to the institutional-grade execution speeds required to front-run the corporate crypto takeover. Frequently Asked Questions (FAQ) Did the Ethereum Foundation crashing the price by selling 5,000 ETH? No. The sale was conducted "Over-The-Counter" (OTC) directly to a corporate buyer. OTC trades do not happen on public exchange order books, meaning they do not create immediate selling pressure or trigger retail stop-losses. ETH's price actually climbed above $2,260 shortly after the transaction. Who is BitMine Immersion Technologies? BitMine is a publicly traded company that is aggressively accumulating Ethereum on its corporate balance sheet. As of March 2026, they hold over 4.5 million ETH, valuing their Ethereum treasury at over $10 Billion. Why does the Ethereum Foundation sell its own tokens? The Foundation is responsible for the ongoing development, security, and growth of the Ethereum network. They periodically sell fractions of their massive ETH reserves during bull cycles to fund developer grants, core protocol research, and general operational costs without having to rely on outside donations. What does this mean for retail ETH holders? It is a highly bullish signal. It proves that massive, publicly traded corporations are willing to absorb multi-million dollar blocks of ETH at market prices. As corporate treasuries lock up more ETH, the circulating supply available to retail traders decreases, theoretically driving up the price over the long term. Disclaimer: This article is for educational and informational purposes only and does not constitute financial advice. The cryptocurrency market is heavily influenced by macroeconomic events and carries extreme volatility risk. Always conduct independent due diligence before executing trades on Tapbit or any other platform.

Here is the frustrating truth about getting your crypto stolen: it rarely involves a genius hacker cracking a zero-day smart contract bug. Most of the time, it just takes a user being in a hurry for two seconds. Recently, former Binance CEO Changpeng Zhao (CZ) took a direct shot at Etherscan on X (formerly Twitter). He pointed out a massive user-experience flaw in how we view blockchain data—one that is actively helping scammers drain wallets every single day. The issue is "address poisoning," and it highlights a growing debate about what block explorers should and shouldn't show you. If you are moving funds around on Tapbit or self-custody wallets, you need to understand exactly how this trick works. The Lazy Trap: How They Steal Your Funds Address poisoning is shockingly simple. It is a social engineering attack that relies entirely on human laziness. Here is the playbook: Hackers run automated scripts that monitor the blockchain. When their bot sees you send USDT to your exchange deposit address or your cold wallet, it immediately generates a fake "vanity" address. This spoofed address is mathematically generated to have the exact same first few and last few characters as your real address. Next, the hacker sends a $0 token transfer from that fake address to your wallet. Because token contracts allow for zero-value transfers without the receiver's permission, this junk transaction successfully lands right in your on-chain history. In fact, the spam is relentless. In one recent case, a user named Nima made just two normal stablecoin transfers and was instantly bombarded with 89 automated $0 poisoning attempts in under 30 minutes. The Trap: A week later, you need to move more funds. Instead of carefully opening your address book, you pull up Etherscan or your wallet's recent history. You see an address that looks right at a quick glance, you copy it, and you hit send. Your money is gone. You just sent it to the hacker. The Etherscan Debate So, why is CZ mad at Etherscan? In his post, CZ pointed out that frontend crypto wallets like TrustWallet are already actively filtering out these zero-value spam transactions. They hide them so users don't accidentally click them. https://twitter.com/cz_binance/status/2032597991413133639 Etherscan, however, still displays them by default. Unless you dig into Etherscan's advanced settings and manually toggle "hide 0 amount tx," your transaction history is a minefield of phishing links. Etherscan’s implicit defense is that they are a neutral block explorer—their job is to show the raw ledger, not to censor it. But to CZ and many security researchers, failing to filter obvious, malicious spam at the UI level is just handing scammers free victims. Why We Can't Just Ban All $0 Transactions You might be wondering why we don't just hardcode a rule to block all $0 transactions globally. CZ actually brought up a great counterpoint to this: the rise of AI Agents. We are moving into a Web3 era where autonomous AI agents will constantly interact on-chain. These bots will execute complex arbitrage, ping contracts for routing checks, and run micro-transactions. If block explorers or protocols blindly nuke all $0 transfers, it will break the underlying communication layer for the incoming Machine-to-Machine (M2M) economy. The fix isn't a blanket ban. It requires smarter, machine-learning-driven filters on the explorer side to tell the difference between a scammer's spoofed address and a legitimate AI bot pinging a contract. How to Protect Yourself Today Until the infrastructure providers fix this UI mess, you have to protect your own liquidity. If you trade frequently, make these hard rules for yourself: Stop copying from your transaction history. Seriously, just stop. Treat your recent transaction list on Etherscan or MetaMask as compromised. Whitelist everything on Tapbit. Go to your Tapbit security settings right now and turn on the Withdrawal Address Whitelist. Once your verified addresses are locked in, the exchange will block the withdrawal even if you accidentally paste a poisoned address to your clipboard. Check the middle. Hackers know that humans only check the start and end of a hash (e.g., 0xAb...1234). When you verify an address, force your eyes to check the middle characters. Frequently Asked Questions (FAQ) What is address poisoning? It is a scam where a hacker generates a wallet address that looks almost identical to one you use. They send a $0 transaction to your wallet using this fake address so it shows up in your transaction history. They are hoping you will accidentally copy and paste their fake address the next time you send money. How can they send me $0 without my permission? The underlying code of most crypto tokens (like ERC-20 smart contracts) doesn't require the receiver's permission for a transaction to process, even if the value is zero. Scammers pay a tiny network fee to broadcast thousands of these junk transactions. Why is CZ criticizing Etherscan? CZ pointed out that crypto wallets (like TrustWallet) already hide these $0 scam transactions to protect users. Etherscan, however, shows them by default. CZ argues that block explorers need to step up and filter malicious spam rather than leaving users exposed. How do I hide zero-value transactions on Etherscan? You have to do it manually. Go to your Etherscan account settings or site preferences, and look for the option to "hide 0 amount tx" or filter zero-value token transfers. Disclaimer: This article is for educational and security awareness purposes only. Custodying crypto assets carries inherent technical risks. Always protect your private keys and utilize official security features to safeguard your Tapbit account and on-chain assets.

For months, XRP has been stuck in the mud. Every time the token managed to poke its head above the $1.40 line, sellers immediately swatted it back down into a tight, frustrating consolidation range. On Monday, that pattern finally snapped. Piggybacking on Bitcoin’s broader market surge, XRP sliced right through the stubborn $1.426 resistance level, tagging an intraday high of $1.47. This wasn't a quiet, low-liquidity move, either. Trading volume spiked by more than 250%, with roughly 170 million tokens changing hands as the breakout occurred. Short-term momentum has clearly shifted to the buyers. But for active traders, the real question is whether this is the start of a sustained run or just another trap. Here is what the on-chain data and the charts are actually telling us. It’s Not Just Bitcoin: The $1.14 Billion RWA Boom It is easy to chalk Monday’s price action up to a simple "Bitcoin sympathy pump." But if you look under the hood of the XRP Ledger (XRPL), a much larger structural shift is happening. The XRPL is quietly transitioning into a heavyweight network for tokenized Real-World Assets (RWAs). During the first quarter of 2026, the total value of tokenized commodities and traditional assets on the ledger climbed sharply, approaching the $1.14 billion mark. This matters because it represents organic, non-speculative utility. When tier-1 financial players start using a blockchain to settle actual commodities and tokenized bonds, it creates a sticky baseline of demand for the network's infrastructure. The market is finally starting to price this utility in. SOURCE: Coinmarketcap The Charts: Turning the Ceiling into a Floor A breakout on a daily chart looks great, but it doesn't mean much until the retest holds. The $1.426 level acted as an impenetrable ceiling for the better part of early 2026. Now that XRP has pushed past it, buyers need to prove they can defend it. Looking at the short-term timeframes, XRP is currently printing a healthy sequence of higher lows. Here is how the next few days likely play out: The Bull Case: Traders are watching the $1.43 to $1.44 zone very closely. If XRP pulls back, tests this area, and buyers step in to hold the line, the breakout is confirmed. From there, the order books thin out, making $1.50 the next obvious magnet, with room to stretch toward $1.55. The Bear Case: Fakeouts happen constantly in crypto. If selling pressure ramps up and XRP loses the $1.43 level, the bullish structure breaks. We would likely see a rapid slide right back into the old, choppy range around $1.39 to $1.40. How to Trade the Breakout on Tapbit Chasing a green candle is a great way to become someone else's exit liquidity. If you are looking to trade this XRP move, patience and execution speed are everything. ➡️ Watch the Retest: Log in to Tapbit and keep a close eye on the spot order book. Wait to see if the $1.43 level holds as support before scaling into a long position. ➡️ Define Your Risk: If you take the trade, use Tapbit’s perpetual futures to set a hard stop-loss just below $1.39. If it drops back into the old range, the trade idea is dead—cut it quickly. ➡️ New to Tapbit? Register your free account today to get access to the professional charting tools and zero-slippage execution you need to trade these high-volume breakouts. Frequently Asked Questions (FAQ) Why did XRP suddenly break out today? XRP's price jumped to $1.47 due to a combination of a broad market rally led by Bitcoin and a massive 250% surge in trading volume that finally pushed the token past a stubborn resistance level at $1.426. What is driving the long-term value of the XRP Ledger right now? Beyond traditional cross-border payments, the XRP Ledger is seeing massive growth in the tokenization of Real-World Assets (RWAs). In early 2026, the value of tokenized commodities on the network hit roughly $1.14 billion, driving organic utility. What price level does XRP need to hold? For the current breakout to remain valid, traders want to see XRP hold support in the $1.43 to $1.44 range. If it can hold this level during pullbacks, it has a strong chance of testing $1.50 next. What happens if the breakout fails? If selling pressure pushes XRP back below $1.43, it is considered a failed breakout. The price will likely fall back into its previous multi-month trading range, finding support near $1.39 or $1.40. Disclaimer: This article is for educational and informational purposes only and does not constitute financial advice. The cryptocurrency market carries extreme volatility. Always conduct your own research before deploying capital on Tapbit or any other platform.

According to Deep Tide TechFlow, on March 16, U.S. President Donald Trump posted on social media, alleging that Iran is using artificial intelligence to spread disinformation. He stated that previously, The Wall Street Journal and other media outlets reported that five U.S. aerial refueling aircraft were shot down and severely damaged, but these aircraft are still in service. He also denied reports of the USS Abraham Lincoln aircraft carrier catching fire, claiming that Iran collaborated closely with 'fake news' media to fabricate footage of the carrier burning uncontrollably at sea. Trump asserted that media organizations spreading such information should be prosecuted for treason for disseminating false information, and mentioned that FCC Chairman Brendan Carr is reviewing the licenses of some of these organizations.

PANews reported on March 16th that, according to a Financial Times article, this week will be a "super central bank week." While the interest rate decisions of these central banks are not expected to bring any surprises, the policy guidance accompanying these decisions will be closely watched given the ongoing conflict in the Middle East. The four major central banks—the Federal Reserve, the European Central Bank, the Bank of England, and the Bank of Japan—will announce their decisions one after another on Thursday Beijing time. In addition, interest rate setters from Australia, Brazil, China, Canada, Indonesia, Sweden, and Switzerland will also meet this week. Except for the Reserve Bank of Australia, which may be an exception, the other central banks are likely to keep their interest rates unchanged. However, the war in Iran has increased the possibility of a rate hike later this year. The interest rate market has responded hawkishly to the impending energy price shock; expectations for rate cuts by the Federal Reserve and the Bank of England have been erased, replaced by the possibility of a rate hike by the latter. Expectations for a rate hike by the European Central Bank this year have also increased further. Since the start of the war, the Bank of Japan's interest rate path has remained relatively unchanged.

PANews reported on March 16, citing the Financial Times, that Trump warned NATO would face a "very bad" future if US allies did not help reopen the Strait of Hormuz. "Those who benefit from the Strait should help make sure nothing bad happens there," Trump said, adding that Europe is highly dependent on oil from the Gulf region, while the US is not. He added, "If there is no response, or if the response is negative, I think it will be very bad for the future of NATO." When asked what kind of help he needed, Trump replied, "Any necessary help." He added that allies should send minesweepers, and Europe has far more minesweepers than the US. Trump hinted that he wanted Europe to send commandos or other military forces to eliminate Iranian personnel who use drones and mines to create "trouble" in the Gulf. Trump also warned that the US was prepared to launch a new strike on Kharg Island, Iran's oil export hub, and could target its oil infrastructure.

BlockBeats news, March 16, according to HTX market data, the cryptocurrency market kicked off a morning rally, with Bitcoin surpassing $73,000, Ethereum breaking above $2,200, and SOL exceeding $90. The total market capitalization of cryptocurrencies has exceeded $2.555 trillion, with a 24-hour increase of 1.8%. Top-performing altcoins by gains and losses include:REZ up 31.2% in 24 hours, currently quoted at $0.0042;SHELL up 17.7% in 24 hours, currently quoted at $0.036;TAO up 14.22% in 24 hours, currently quoted at $284;NEO up 12.48% in 24 hours, currently quoted at $2.87;EIGEN up 10.4% in 24 hours, currently quoted at $0.22;THE down 23.2% in 24 hours, currently quoted at $0.214;COS down 19.8% in 24 hours, currently quoted at $0.0018;MBOX down 11.2% in 24 hours, currently quoted at $0.0176;DEGO down 10.38% in 24 hours, currently quoted at $0.86.

BlockBeats News, March 16, Venus Protocol released a follow-up on the abnormal activity in THE liquidity pool. In addition to previously suspending THE borrowing and withdrawals, the collateral factor (CF) for 7 markets has now been reduced to 0 as a preventive measure targeting markets where a single user holds an excessively high proportion of collateral. The 7 markets are BCH, LTC, UNI, AAVE, FIL, TWT, and lisUSD, while all other markets remain unaffected and continue normal operations.The initial assessment of the attack method indicates that starting from June 2025, the attacker slowly accumulated THE tokens through normal deposit processes, eventually holding 84% of the supply cap (approximately 12.2 million THE). Yesterday, the hacker directly transferred THE tokens into the protocol contract, instantly boosting the supply to create massive collateral. By performing recursive loop price manipulation, leveraging the extremely low on-chain THE liquidity combined with TWAP oracle delays, the hacker initiated a cycle: depositing THE, borrowing other assets, using the borrowed assets to buy more THE on-chain, waiting for the TWAP oracle to update and pushing up the price.Venus stated that it remains committed to transparency and will release a full report after the investigation concludes.

BlockBeats news, March 15th, the Ethereum Foundation officially announced that today, a transaction of 5,000 ETH was finalized over-the-counter, with an average price of $2,042.96, totaling approximately $10.22 million. The counterparty in the over-the-counter transaction is BitMine, Ethereum's largest treasury company.This sale will fund the Foundation's core operations and activities, including protocol research and development, ecosystem development, community grant funding, and more.