Cryptocurrency News Today (March 16) | Bitcoin Breaks Through $74,000; Nvidia Holds GTC Conference

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This article summarizes cryptocurrency news as of March 16, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time crypto prices, and price forecasts. Major Web3 events today include:

  1. Robert Kiyosaki Makes Large Purchases of Bitcoin, Gold, and Oil, Warns of Imminent Financial Crisis in 2026

Author of Rich Dad Poor Dad, Robert Kiyosaki, issues a new warning, stating that the 2026 financial crisis is intensifying. He reveals he has heavily bought Bitcoin, gold, silver, and oil to hedge risks. Kiyosaki points out that private credit markets are under immense pressure, with many well-known banks and financial institutions facing difficulties. He cites economist Jim Rickards, who says the U.S. is already in a “new Great Depression.”

Kiyosaki posted on X that last week he invested millions of dollars in oil wells, gold, silver, and Bitcoin, while continuing to increase his Ethereum holdings. He emphasizes that, rather than holding cash, he prefers to allocate funds into hard assets to prepare for financial turmoil. He references Warren Buffett’s strategy of accumulating cash reserves to buy assets at lower prices and agrees with the logic but highlights his own approach of actively investing in physical assets.

Geopolitical factors are also considered. Kiyosaki notes that frequent attacks on oil tankers in the Strait of Hormuz have driven up oil prices, benefiting his oil well investments in Texas. He has long viewed Bitcoin alongside gold and silver as scarce tangible assets, believing market downturns are good opportunities to buy Bitcoin, expecting these assets to rise after a crash.

Despite past controversies over conflicting statements about Bitcoin, Kiyosaki remains a strong supporter of Bitcoin and Ethereum, incorporating them into his portfolio. His strategy reflects a focus on risk mitigation and potential gains through hard asset and digital asset investments amid increasing financial uncertainty. Since publishing Rich Dad’s Prophecy in 2013, he has repeatedly predicted large-scale economic collapses. As 2026 approaches, these warnings continue to attract market attention.

  1. South Korean Court Denies Flow Foundation’s Request to Halt Delisting of FLOW from Three Exchanges

The Seoul Central District Court in South Korea dismissed the Flow Foundation and Dapper Labs’ request for a temporary injunction to stop three Korean exchanges from delisting Flow tokens. Previously, these exchanges decided to cease supporting Flow trading following a hack in February. The court found insufficient evidence to halt the delisting and determined that the exchanges’ risk assessments were not clearly flawed, prioritizing potential investor protection. FLOW can still be traded on Korea’s Korbit exchange but was delisted from the three exchanges today at 3 PM local time as scheduled.

  1. Ethereum Breaks $2,200: ETF Capital Inflows and Institutional Buying Drive ETH’s Strong Rebound

Ethereum (ETH) has steadily rebounded from recent lows, surpassing $2,200, drawing widespread market attention. During the session, ETH briefly dipped to $2,165 but surged to $2,288 on buying pressure. At press time, it was around $2,268, up approximately 4.1% for the day. This rise followed breaking through key resistance levels at $2,150 and the 100-hour simple moving average, indicating sustained technical momentum.

ETF capital inflows support the rally. On March 13, spot Ethereum ETF net inflows reached $26.7 million, with BlackRock’s ETHA adding $32.4 million, ETHB increasing by $2.2 million, and FETH experiencing a slight outflow of $7.9 million. Institutional investors are actively accumulating; Bitmine bought about 833,000 ETH over the past 35 days, worth nearly $2.9 billion, aiming for a 5% stake of the total supply.

Technically, ETH has crossed above the 50-day moving average at $2,138. Key resistance levels are at $2,250, $2,280, and $2,320. Analysts suggest that if ETH successfully breaks and sustains above the $2,300–$2,400 range, the next target could be $2,500. Support levels are around $2,180–$2,200; falling below $2,150 could signal short-term weakness.

On-chain data shows ETH’s actual trading price near $2,300, a historically significant level. Ethereum’s market cap is approximately $273.81 billion, ranking second in crypto, still below its all-time high. Overall, ETF inflows, institutional buying, and technical breakthroughs are driving ETH higher, offering short-term trading opportunities and indicating Ethereum’s resilient recovery potential.

  1. Aave Shield Launches: Automated High-Risk Swap Transaction Blocked, DeFi Security Upgraded

DeFi security innovation continues with Aave’s new Aave Shield mechanism, designed to counter recent market volatility caused by $50 million worth of swap transactions. The system automatically blocks trades that cause price swings exceeding 25%, protecting traders and liquidity providers from extreme market shocks.

Recent large swaps have shown that when liquidity is limited, big trades can distort prices rapidly, leading to unexpected losses. Aave Shield acts as an automatic circuit breaker for DeFi trades. Before each transaction, the system analyzes price impact in real-time and intercepts high-risk trades when necessary, preventing damage to liquidity pools.

This mechanism safeguards liquidity providers and boosts trader confidence in decentralized markets. Aave Shield is designed to be simple and efficient, providing instant responses without disrupting normal trading, maintaining DeFi’s open and permissionless nature.

As liquidity pools expand and institutional capital flows in, risk management becomes increasingly critical. The launch of Aave Shield demonstrates leading DeFi protocols’ efforts to strengthen infrastructure, improve market stability, and build user trust. This innovation sets a security standard for other DeFi platforms and is expected to become a staple in future decentralized trading.

Overall, Aave Shield enhances market security and promotes a shift in DeFi risk management philosophy, making decentralized trading more robust while preserving its open, permissionless character.

  1. Bitcoin Surges Past $74,000 to Six-Week High, Driven by Short Covering and ETF Capital Inflows

Bitcoin rose to approximately $73,892, reaching a six-week high and briefly surpassing the $74,000 mark for the first time since early February. Over the past 24 hours, Bitcoin gained about 3.4%, continuing its strong weekly performance. Despite pressure from rising oil prices affecting global equities, Bitcoin maintained an independent trajectory.

Data shows Bitcoin’s weekly gains totaled around 6%. Meanwhile, tensions in the Middle East persist, with U.S. President Trump urging allies to secure shipping lanes through the Strait of Hormuz. International oil prices remain near $98 per barrel, raising concerns about inflation. In this environment, some investors see Bitcoin as a hedge against macro risks.

A key driver of the rally is short covering. Derivatives data indicates that about $344 million in crypto market liquidations occurred in the past 24 hours, with roughly 83% being short positions. When leveraged traders betting on falling prices are forced to close positions, it creates additional buy pressure, amplifying price increases.

Fund flows also support the rally. Spot Bitcoin ETFs attracted continuous institutional inflows last week, totaling about $767 million over five trading days, marking three consecutive weeks of net inflows. Additionally, weekly inflows into spot Ethereum ETFs reached approximately $160 million.

Institutional buying remains a focus. Corporate Bitcoin holders like Strategy have recently increased holdings by 17,994 BTC. Presto Research analyst Min Jung notes that whether large institutions continue to accumulate will be a key market factor.

Technically, the $70,000–$71,000 range is seen as a critical support zone, with resistance at $73,000–$74,000. A sustained break above $75,000 could see Bitcoin targeting $80,000. Market participants believe ongoing ETF capital inflows and spot demand are central to driving the next phase of gains.

  1. AI Data Centers’ Power Demand Threatens Bitcoin Mining? Miners Shift to AI Sparks Security Debate

As global AI data center construction accelerates, concerns grow over its impact on Bitcoin mining. Some industry voices believe that miners shifting to AI computing could weaken Bitcoin network security, while others argue that Bitcoin’s difficulty adjustment mechanism can restore network balance.

Crypto commentator Ran Neuner states that AI data centers are becoming major competitors for Bitcoin mining, as both rely heavily on electricity. AI computing is willing to pay higher energy costs, with Bitcoin mining earning roughly $57–$129 per megawatt, while AI data centers can earn $200–$500, prompting some miners to pivot toward AI infrastructure.

Several mining companies have already shown signs of this transition. For example, Core Scientific secured about $1 billion in AI hosting credit; Mara Holdings filed documents indicating potential Bitcoin asset sales to fund AI ventures; Hut 8 previously partnered with Google on a roughly $7 billion AI infrastructure project. Cipher Mining has also reduced some hash rate to invest in AI computing.

However, Bitcoin’s tech community holds differing views. Cryptographer Adam Back points out that Bitcoin’s automatic difficulty adjustment can lower the threshold when miners exit, increasing remaining miners’ profitability and attracting hash rate back.

Meanwhile, data shows that since the hash rate peaked in October 2025, it has declined by about 14.5%. Some analysts worry this could increase 51% attack risks, but energy expert Daniel Batten argues that Bitcoin mining can utilize idle energy and serve as a load-balancing tool for power grids, not necessarily competing directly with AI demand.

Market watchers believe Bitcoin’s price trend remains a key variable. If Bitcoin’s price continues rising, mining profitability could attract hash rate back. Despite months of pressure, Bitcoin’s price has increased about 8% since March 2026, indicating ongoing evolution in the mining versus AI computing landscape.

  1. BlackRock’s $600 Million Bitcoin ETF Inflows, ETH and SOL Rise Simultaneously, XRP Faces Outflows

This week, Bitcoin spot ETFs saw significant capital inflows, with BlackRock’s IBIT netting $600 million, further cementing its dominant position among institutional investors in regulated Bitcoin products. Meanwhile, Grayscale’s GBTC experienced a net outflow of $25.9 million.

According to SoSoValue, five consecutive days of net inflows marked the first such streak in 2026. On-chain analytics firm Arkham confirms that IBIT alone contributed over 78% of Bitcoin net inflows. Ethereum spot ETFs attracted $160.9 million, with Fidelity’s FETH leading at $90.1 million in net inflows, while Grayscale’s ETHE saw outflows of $13.4 million. Solana ETF also recorded $10.7 million in net inflows, indicating early institutional interest in these assets.

In contrast, XRP ETF experienced $28.07 million in net outflows this week, making it the only major crypto ETF with capital leaving. Despite over $1.2 billion in total inflows since launch, ongoing selling by institutions raises concerns about XRP’s long-term prospects.

Analysts interpret this capital flow pattern as reflecting institutional preference for mainstream cryptos like Bitcoin and Ethereum, while the outflows from XRP suggest caution among investors regarding short-term volatility. As the second half of March approaches, this divergence may influence market prices and ETF flows, providing new signals for crypto investors.

  1. SEC Dismisses Lawsuit Against BitClout Founder, No Further Action Allowed, Regulatory Winds Shift

The U.S. Securities and Exchange Commission (SEC) has officially dismissed its lawsuit against Nader Al-Naji, confirming that the charges cannot be refiled in the future. This marks the end of a nearly two-year legal dispute and signals a potential shift in U.S. crypto regulation.

In a joint dismissal agreement filed with the Southern District of New York, the SEC stated that the decision was partly based on its crypto task force’s research into regulatory frameworks and a reassessment of the case record. The task force is working on new digital asset regulations and is expected to clarify future policy directions. The SEC emphasized that this dismissal is an isolated case and does not set a precedent for other enforcement actions.

The case originated from charges filed in July 2024. The SEC accused Al-Naji of raising over $257 million through the BitClout platform’s BTCLT token, claiming funds would not be used for team salaries. The agency later alleged he diverted about $7 million for personal expenses, including luxury home rent and family transfers. The SEC also argued that BitClout was not fully decentralized and that Al-Naji maintained control behind the scenes.

Al-Naji, a former Google engineer and founder of the stablecoin project Basis, also created the DeSo blockchain network. BitClout launched in 2021, focusing on blockchain-based social media.

The settlement also requires Al-Naji to waive claims for legal fees from the SEC. Additionally, the Department of Justice had previously dropped telecom fraud charges against him in February 2025, which also cannot be refiled. Al-Naji publicly stated that the case’s dismissal indicates the charges lacked sufficient basis.

Market observers note that during the Trump administration, U.S. regulators’ enforcement stance toward crypto has been shifting. Some cases have been withdrawn or re-evaluated, leading to increased industry attention on future regulatory policies.

  1. Pi Network Launches Pi Launchpad Beta, Supporting Ecosystem Token Issuance and Application Deployment

Pi Network has launched a new feature called Pi Launchpad on its testnet. Currently available on the Pi app’s test network, it allows the community to experience and test token issuance processes before mainnet deployment. The official says the current Launchpad uses test tokens only and does not involve real asset trading.

Designed to help developers issue new project tokens within the Pi ecosystem, the platform emphasizes “practical utility” rather than purely fundraising. Tokens are expected to be tied to real applications such as payments, service access, community governance, or user rewards.

Developers need to build applications with actual use cases before issuing tokens via Launchpad, avoiding purely speculative projects. Pi believes this approach will foster a healthier app environment and support long-term ecosystem growth.

The testnet also serves an educational purpose. Pi community members (Pioneers) can access the test environment through Pi Browser to experience token issuance, liquidity pools, and DeFi features. The team plans to gather community feedback during testing and refine system functions accordingly.

The token sale mechanism uses a liquidity pool model. Participants do not send funds directly to project teams but deposit Pi into liquidity pools to form trading pairs with new ecosystem tokens. This provides initial liquidity and lays the foundation for future trading on Pi’s decentralized exchange.

Pi Launchpad is part of the Pi Day 2026 update, which also includes node system upgrades, secondary migration mechanisms, and KYC validator rewards. As the user base grows, Pi aims to attract more developers and promote real-world applications through tools like Launchpad.

  1. Adam Back Warns BIP-110 Proposal May Suppress Bitcoin Upgrade Capability

Discussions around Bitcoin Improvement Proposal BIP-110 continue to intensify. Bitcoin pioneer and Blockstream co-founder Adam Back retweeted a reminder to the community about the risk that BIP-110 could inhibit Bitcoin’s upgrade capacity. Although described as a temporary soft fork to clean up on-chain “junk data,” the proposal is controversial. BIP-110 would disable the OP_SUCCESS opcode in TapScript, which is considered an important future soft fork upgrade mechanism. It also limits Taproot block size to 257 bytes, potentially affecting Layer 2 solutions like BitVM that rely on extensive scripting. While positioned as a “temporary measure,” soft fork upgrades in Bitcoin typically require years of coordination, and restricting upgrade interfaces during this period could have long-term impacts.

  1. Former ShapeShift CEO Buys $56 Million of Ethereum, Whale Accumulation Signals Draw Market Attention

Crypto industry veteran and former ShapeShift CEO Erik Voorhees has been reported to significantly increase his ETH holdings. On-chain platform Lookonchain, citing Arkham data, states that Voorhees bought approximately 24,968 ETH across two wallets, totaling about $56.5 million.

He initially spent around $49.08 million USDT to acquire 23,393 ETH. Later, one wallet used several million USDT to buy more ETH, further expanding his position. On-chain info shows that the wallet “0x3e6…Ef2f7” still holds about $4.44 million USDT and 864,000 AETHUSDT, while “0x431…10c91” has fully used its USDT to buy ETH.

Notably, Voorhees previously sold 12,886 ETH at about $3,324 per ETH roughly a year ago. His re-entry into the market is seen as a sign of renewed confidence in Ethereum’s long-term value.

Additionally, data shows that earlier this week, he allocated about $23.7 million worth of tokenized gold assets, including Tether Gold and PAX Gold.

Market analysts suggest that the large inflow of funds into ETH amid rising prices may be linked to institutional capital flows. Recent spot ETF inflows into Ethereum totaled about $160.8 million last week.

Currently, ETH trades around $2,265, up about 7% in the past 24 hours. Some analysts believe that ongoing institutional activity and whale accumulation are fueling increased market interest in Ethereum.

  1. 27 SaaS Companies List AI Agents as Competitive Risks in SEC Filings, Executives Downplay Threats

This year, 27 software companies have listed AI agents as competitive risks in SEC filings, up from just 7 in the same period last year. However, their executives generally downplay these threats during earnings calls, creating a stark contrast between filings and public statements.

Figma’s recent 10-K filed last month states that agentic AI “may change how people access and use digital products, reducing reliance on traditional software applications.” On the same day, CEO Dylan Field said in earnings call that “people will continue to use software, and agents will too,” adding, “if you’re willing to delegate key tasks to agents without oversight, you’re very brave.” Figma’s stock remains below its IPO price.

CRM platform HubSpot’s February annual report mentions that customers can build AI-powered CRM tools, even highlighting “vibe coding” (natural language programming) as a potential substitute. Its stock has nearly halved over six months. HR platform Workday’s March 10-K admits it may face challenges maintaining market differentiation and warns that its new Flex Credits (pay-per-agent mode) “may encounter customer resistance.” Former CEO Carl Eschenbach, who said in January that “AI is a tailwind for us,” stepped down last month.

Adobe’s January annual report also notes “intensified competition from companies offering generative and agentic AI solutions,” but outgoing CEO Shantanu Narayen last week claimed the company’s products are “uniquely designed” to meet enterprise needs in the AI agent era. Adobe’s stock has fallen 28% this year.

This wave of concern is dubbed “SaaSpocalypse” by investors. After Anthropic launched Claude’s new agent tool in February, the software sector lost about $850 billion in market cap within days. Since 2005, the SEC has required public companies to disclose material risks in filings, which objectively allows management to make optimistic public forecasts while filings serve as risk disclosures.

  1. Opinion Launches Liquidity Incentive Program, 50% of Fees Distributed to Liquidity Providers

Prediction market platform Opinion announced the launch of a liquidity incentive program. Starting immediately, 50% of each successful trade’s fees will be allocated to users providing liquidity for that trade. This aims to incentivize liquidity provision, improve market depth, attract more market makers, and enhance overall market activity.

  1. NVIDIA GTC Conference Today: Integrating Groq Technology to Advance Inference Chips Market

NVIDIA’s GTC conference kicks off today, signaling several major developments: NVIDIA is integrating its acquired Groq technology into its product lineup to target AI inference chips; Samsung will begin manufacturing AI chips for NVIDIA, breaking TSMC’s previous monopoly; OpenAI is expected to be among the first customers for NVIDIA’s new inference chips. GTC is the industry’s premier annual platform for AI tech releases, and CEO Jensen Huang’s keynote is expected to reveal further details on these products and collaborations.

  1. OpenAI, Baidu, Tencent Cloud Sponsor OpenClaw Open-Source AI Agent Framework; Path Founder Dave Morin Becomes First Board Member

The GitHub Sponsors page for the open-source AI agent framework OpenClaw shows OpenAI and Baidu as top sponsors, with Tencent Cloud also among 144 active sponsors. The project has 65 previous sponsors.

Baidu’s open-source office announced on March 13 that it is the first major Chinese tech company to support OpenClaw via GitHub Sponsors. Baidu also plans to integrate its PaddleOCR document parsing capabilities into OpenClaw as a skill. Tencent Cloud joined as a sponsor on March 15. Previously, Tencent’s SkillHub controversy strained relations; OpenClaw founder Peter Steinberger commented on Discord, “Likes a good redemption story.” OpenAI’s sponsorship coincided with Steinberger’s joining OpenAI in February. The project is transitioning to an independent foundation, with OpenAI continuing funding.

Among individual sponsors, Path founder and early Facebook executive and venture firm Slow Ventures founder Dave Morin has become the first board member of the OpenClaw Foundation. He also co-hosted the February ClawCon event. OpenAI developer experience lead Romain Huet is listed as an individual sponsor; he previously interviewed Steinberger on the Builders Unscripted podcast.

The sponsorship page states that founder Peter Steinberger does not take any sponsorship funds; 100% of contributions go back to the community, rewarding code submissions, bug fixes, and supporting upstream open-source dependencies. Sponsorship tiers range from $5 to $500 per month across eight levels.

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