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Given the growing bullish momentum across the general crypto market, Ethereum is showing early signs of an upward movement as it draws close to key resistance levels. While ETH is gaining traction, a crypto analyst underlined a particular price level where the altcoin could muster enough strength for its next major rally.

Technical Level To Ignite Ethereum’s Rally

Ethereum is preparing for a notable upward move following the renewed market surge, mainly triggered by Bitcoin’s significant growth in the past few days. Technical and on-chain analyst, Ali Martinez, has highlighted an impending upswing for ETH, pointing to a key zone in the journey toward higher price levels.

According to the expert’s analysis, this crucial resistance zone ahead has historically acted as a turning point for upside movements. However, this zone may either signal the start of a new consolidation cycle or confirm the strength of the current rally.

In the X post, Ali Martinez noted that Ethereum’s newfound strength hints at a spike to the $3,000 mark as it escapes the immediate barrier. ETH may be gearing up for a jump to this mark, but the altcoin must break and hold above the $2,588 zone.

Looking at the 1-hour chart, the anticipated upward move is further supported by a crucial Head and Shoulders formation, a technical pattern that mainly sparks notable price growth. With ETH breaking the resistance trend line of the pattern, Martinez is confident that the altcoin will hit the $3,000 range in the upcoming days.

Even though Ethereum is poised to rally, it appears the move will not be an easy ride for ETH, as several price levels have been observed acting as strong barriers against upside attempts. These barriers identified by Martinez include $2,668, $2,711, $2,774, and $2,827 at the Fibonacci levels of 1.272, 1.414, 1.618, and 1.786, respectively.

Ali Martinez’s prediction aligns with that of Michael Van De Poppe, a crypto analyst and founder of the MN Fund, who has previously forecasted a move to $3,000. Van De Poppe believes that with current momentum, ETH might hit this level very soon.

After analyzing ETH’s price action in the 6-hour time frame, the expert has highlighted the $2,410 range as a critical area that the altcoin must hold to lay the groundwork for its push to $3,000.

A Massive Triangle Pattern Forming On ETH’s Chart

In a larger time frame, particularly ETH’s 2-week chart, market expert Trader Tardigrade has revealed the formation of a massive Symmetrical Triangle pattern. A symmetrical triangle is a technical formation that precedes a notable uptrend or downtrend after a period of consolidation.

Presently, the altcoin is inching closer to the upper line of the triangle pattern at the $3,700 and $3,800 price range once again, indicating growing momentum. In the event of a breakout, Trader Tardigrade predicts a substantial surge to the $21,000 milestone.

Featured image from Getty Images, chart from Tradingview.com

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BTC Payouts Disabled for Bitcoin Gold (BTG) Mining

We previously offered the ability to receive Bitcoin (BTC) payouts for mining Bitcoin Gold (BTG), facilitated via Gate.io. However, as Gate.io is closing BTG deposits, we have disabled BTC payouts for BTG mining.

Going forward, all payouts for BTG mining will be made exclusively in BTG.

Important: All pending BTC payouts were successfully processed.

Kaspa (KAS) Block Reward Reduction

As part of the ongoing KASPA Tokenomics and Emission Schedule, a new block reward reduction has taken place twice in March:

• Previous Block Reward: 69.29 KAS
• New Block Reward: 61.74 KAS

This change directly affects your mining rewards. Be sure to use 2CryptoCalc to re-evaluate your mining profitability.

Start or continue mining on:

Zephyr Protocol Audit Hardfork

Attention Zephyr (ZEPH) miners!

The Zephyr Protocol development team has announced the activation of the Audit Hardfork at block 481500. In preparation for this event, Zephyr Pool and Zephyr SOLO Pool were shut down prior to the hardfork. Now mining is operational again. We’ve completed the audit from our side.

Audit period runs from until May 7th. During this time, all transactions on the Zephyr Protocol network will be suspended until the audit process is completed.

For more details, please refer to the official Zephyr Telegram and Zephyr GitHub.

Relevant Pools:

Node Updates

Nexa v2.0.0.0

Nexa has released version 2.0.0.0, a mandatory upgrade for all full node users. The network upgrade is scheduled for March 31, 2025, at 12:00 UTC. Failure to upgrade in time will result in node disconnection from the Nexa network.

Highlights:

• New opcodes including OP_MERKLEROOT, OP_JUMP, OP_STORE, and OP_LOAD.
• Extended introspection with OP_INPUTTYPE, OP_OUTPUTTYPE, and OP_INPUTVALUE.
• Support for negative indexes with OP_ROLL and OP_PICK.
• Read-only inputs for advanced validation scenarios.
• Performance improvements for memory and CPU efficiency.
• Expanded platform support, including RISC-V and Alpine Linux.
• Improved documentation and RPC guidance.

This release unlocks powerful new scripting capabilities for developers while optimizing resource usage across full nodes.

Nervos CKB v0.200.0

Nervos has launched version 0.200.0, initiating the process to activate CKB Edition Meepo (2024) on the Mainnet. This is a breaking consensus change once activated, so node operators must prepare accordingly.

Key Changes:

• Activation of Edition Meepo 2024 via consensus-breaking update.
• New P2P service types with node filtering support.
• Connection time tracking for DNS-based peers.
• Improved RPC behavior (e.g., removal of duplicate addresses).
• Upgrade to OpenSSL 0.10.70 (addresses RUSTSEC-2025-0004 vulnerability).
• Enhanced syscall performance (spawn, exec).

All Nervos CKB node operators are advised to update to ensure continued network compatibility and security.

That wraps up the key updates for March 2025. Stay connected through our X (Twitter) and Telegram for the latest mining news and updates. Happy mining!

Shares of MongoDB (MDB -1.15%) took a dive last month as the maker of NoSQL database software gave disappointing guidance for 2025 and got caught up in the broad market sell-off on fears around waning consumer confidence and the trade war.

According to data from S&P Global Market Intelligence, the stock finished the month down 34%. As you can see from the chart, the stock tumbled on the earnings report and stayed down from there, slumping toward the end of the month.

MDB data by YCharts

MongoDB sees a slowdown ahead

MongoDB actually beat estimates in its fourth-quarter earnings report, but guidance was the real problem, as the stock tumbled 27% on March 6 after the report came out.

Revenue in the quarter rose 20% to $548.4 million, which easily beat the consensus at $519.8 million. Adjusted earnings per share rose from $0.86 to $1.28, which was well ahead of the consensus at $0.67.

Its cloud-based product MongoDB Atlas continued to deliver strong revenue growth, up 24%, and made up 71% of revenue in the quarter, as management noted better-than-expected consumption of Atlas.

However, investors were disappointed with its guidance for 2025, as the company called for revenue of $2.24 billion-$2.28 billion, up just 12.4% at the midpoint, a notable slowdown from 19% growth in 2024. That was also below the analyst consensus at $2.32 billion. On the bottom line, the company sees adjusted earnings per share of $2.44-$2.62, which was down from $3.33 in 2024 and worse than the consensus at $3.39.

MongoDB also announced a $200 million stock buyback initiative to offset the dilutive impact of its acquisition of Voyage AI, a creator of embedding and reranking models for AI applications.

Following the report, several Wall Street analysts downgraded the stock or lowered their price targets, noting the disappointing forecast for the current year.

Image source: Getty Images.

What’s next for MongoDB?

Management said the slowdown in growth in fiscal 2026 — this year — is related to a more limited cohort eligible for multiyear deals than in the last two years. It also sees margins headwinds due to the loss of $50 million in multiyear revenue and due to investments in R&D.

Those headwinds could lift in fiscal 2027, but the sell-off on the news is understandable. MongoDB is still unprofitable on a generally accepted accounting principles (GAAP) basis, and its forward P/E is roughly 60, based on guidance for adjusted earnings.

The publicly traded Canadian firm released its operational update for last month on April 7, highlighting a month defined by strategic expansion, infrastructure upgrades, and governance involvement.

SOL Strategies Expands Stake Through Validator Acquisitions

The company’s most transformative move was acquiring three prominent Solana validators, including the highly respected Laine validator and the validator analytics platform Stakewiz.com.

The $24 million transaction was finalized on March 17 and marked a 102% increase in the company’s total SOL stake, which now stands at 3,351,617 SOL (approximately $388 million).

Accompanying the acquisition was the addition of Laine’s founder, Michael Hubbard, to SOL Strategies’ executive team as Chief Strategy Officer.

Hubbard, known for his technical expertise in the Solana ecosystem, is now spearheading the expansion of validator infrastructure and high-value institutional partnerships.

The validator acquisition also introduced key performance enhancements.

SOL Strategies reported 99.955% uptime across all validators and delivered an average APY of 7.41% to delegators, outperforming the network average.

Key Validators Align Behind SIMD-228, but Proposal Falls Short

Beyond validator operations, the company actively participated in the vote on SIMD-228, a pivotal proposal to reduce Solana’s inflation rate from 4.5% to 0.87%.

SOL Strategies publicly confirmed that all its validators voted in favor of the proposal.

While the proposal secured 61.4% support, it fell short of the two-thirds threshold needed for adoption.

The post SOL Strategies Expands Validators, Backs Solana Governance in March Update appeared first on Cryptonews.

Things went from bad to worse for Nike (NKE 0.40%) last month as the struggling sportswear giant posted disappointing results in its fiscal third-quarter earnings report and warned that its performance would get even worse in the fourth quarter.

The blue chip stock fell to a seven-year low as it continues to lose market share to faster-growing upstart brands like Deckers‘ HOKA and On Holdings and investors grow impatient with the turnaround strategy under new CEO Elliott Hill.

Additionally, the company is facing macroeconomic pressure around tariffs and weak consumer discretionary spending. As a result, the stock lost 20% in March, according to data from S&P Global Market Intelligence.

As you can see from the chart below, the stock declined over the entire month, but the descent accelerated after the earnings report.

NKE data by YCharts

Nike’s problems continue

Nike actually beat analyst estimates in the quarter, but that was little consolation to investors amid the declines in revenue and profit, and its guidance also called for its performance to get worse in the fourth quarter.

Revenue in the third quarter fell 9% to $11.3 billion, while earnings per share tumbled 30% from $0.77 to $0.54. Gross margin declined from 44.8% to 41.5% as the company attempted to clear inventory in legacy classic styles like Dunks to reestablish its full-price strategy.

Management expects its performance to trough in the fourth quarter, declining around 14%, and gross margin to fall 400 to 500 basis points, showing profits will be down sharply.

There were some silver linings in the quarter. The company returned to growth in running, touting strong demand for the new Pegasus Premium, and Japan and Latin America returned to growth, despite an overall decline in revenue in the Asia-Pacific Latin America region.

Management also noted a challenging macroeconomic environment, a sign that a turnaround could take longer than expected.

Image source: Getty Images.

What’s next for Nike

The investor frustration with the stock is clearly understandable, but CEO Elliott Hill seems to have the right strategy to drive a turnaround in the business. The company is reestablishing relationships with its wholesale partners, and investing in performance product, seeing sports and performance gear as a halo for the brand.

Nike still dominates basketball and it has unrivaled roster of sponsor athletes. The company should eventually get back on track, but it’s hard to consider buying the stock while its earnings are plunging.

Cardano is currently trading around a key daily demand zone, with bulls attempting to step in and stabilize price action after weeks of decline. The broader crypto market remains under pressure, driven by persistent macroeconomic instability and heightened global uncertainty. As financial markets continue to react to inflation fears, trade tensions, and erratic policy moves, altcoins like ADA have been hit especially hard.

Related Reading

Analysts are warning that the downtrend could continue, with little indication of a shift in sentiment in the near term. Many believe Cardano may follow the broader altcoin market, which has seen deep corrections across the board.

Adding to the bearish outlook, on-chain data from Santiment reveals that whales offloaded nearly 200 million ADA throughout March. This significant sell-off by large holders has only added to the downward pressure, fueling concerns that more downside may be ahead if bulls fail to reclaim key levels.

As Cardano trades near support, the next few sessions will be crucial. Whether bulls can defend this zone and push ADA higher — or if continued whale selling leads to further losses — remains to be seen in a market that’s showing few signs of stability.

Cardano Struggles As Whale Selling Intensifies

Cardano has seen a sharp decline, losing more than 45% of its value since March 3 amid a wave of selling pressure that has rocked the broader crypto market. As macroeconomic instability continues to drive uncertainty across financial markets, altcoins like ADA have taken the brunt of the damage. Now trading near a critical support zone, Cardano faces growing pressure from both retail sentiment and large-scale holders exiting their positions.

Bulls are in a difficult position, needing to step in and defend current levels to avoid a steeper correction. If ADA fails to hold support, analysts warn that a drop toward the $0.50 mark is likely — a level not seen in months and one that could confirm a shift into a deeper bearish phase.

Adding to the bearish outlook, top analyst Ali Martinez shared insights revealing that whales sold nearly 200 million ADA during March alone. This kind of large-scale selling from top holders typically signals fading confidence and adds further downside pressure to already struggling price action.

With market sentiment still fragile, Cardano’s next move will likely depend on whether bulls can reclaim momentum — or if continued whale selling and macro fears drag the price lower. Holding current levels is essential to prevent ADA from sliding into even more critical territory in the days ahead.

Related Reading

Price Action Details: Bulls Defending Critical Demand

Cardano (ADA) is currently trading at $0.68 after failing to hold the $0.75 level, signaling a continuation of bearish momentum. The recent drop also pushed ADA below the 200-day moving average (MA) and exponential moving average (EMA), both sitting around the $0.72 mark — critical indicators that have now flipped into resistance. This loss has further weakened the short-term structure, leaving bulls with limited options.

The next key level to watch is $0.62. Bulls must defend this zone with conviction to prevent a deeper selloff and attempt to form a base for recovery. Reclaiming levels above $0.72 would be the first step in regaining control, but without immediate buying pressure, the outlook remains fragile.

If Cardano fails to hold above $0.62, analysts warn that a sharp decline into the $0.57–$0.55 range could follow. This would mark a significant breakdown and could trigger panic selling, especially as overall market sentiment remains shaky.

Related Reading

With ADA under pressure and technical levels breaking down, the coming days will be crucial. Bulls must act swiftly to reclaim lost ground, or risk watching Cardano slide further into lower demand zones.

Featured image from Dall-E, chart from TradingView