UAE Insider
    What's Hot
    Business

    Elm signs MoU with French company Numeryx Technologies to explore business prospects and facilitate digital transformation across target markets

    Business

    NBF Launches Open Call for NBF ART 2025–26 "We Belong Here"

    Business

    FF Delivers FX Super One to UAE’s Infinite Glory and Noorizon, Deepening Local Ecosystem Integration and Advancing User Deliveries in the Middle East

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Terms & Conditions
    Monday, March 30
    UAE Insider
    • Home
    • News

      Faraday Future Announces New FX Super One Deliveries in the Middle East as It Continues to Advance Towards the Region’s 2026 Delivery Goals

      Panasonic Unveils Its Most Comprehensive Smart Surveillance Ecosystem at Intersec 2026

      eToro launches stock lending in the UAE, enabling users to earn passive income

      Innoventures Education continues expansion journey: DIA Town Square to open in 2026

      Du partners with Dubai SME to launch comprehensive SME empowerment initiative at GITEX Global 2025

    • Business

      Blackstone leads $250 million investment in UAE payments platform ADGT

      SBC Summit Malta 2026 to Tackle the Biggest Questions in Modern Marketing

      Sanofi Supported Rare Disease Awareness in collaboration with the UAE Rare Disease Society and Saudi Society of Medical Genetics

      BingX Introduces 24/7 TradFi Trading, Unlocking Continuous Access to Global Markets

      Skrib Launches Writing Workspace to Unite Planning, Research, and Drafting in One Place

    • Submit A Press Release
    Facebook Twitter Instagram Pinterest
    UAE Insider
    Home » Crypto Market Recap: Bitcoin and Ethereum Rise While Stablecoins and TradFi Convergence Accelerate
    Business

    Crypto Market Recap: Bitcoin and Ethereum Rise While Stablecoins and TradFi Convergence Accelerate

    Facebook Twitter Pinterest WhatsApp LinkedIn
    Crypto Market Recap: Bitcoin and Ethereum Rise While Stablecoins and TradFi Convergence Accelerate - crypto market
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    Bitcoin finally began gaining momentum into the green again this week, rising from the mid-65,000s on Monday to the low 70,000s by Thursday’s U.S. close. It started near 65,700 on March 2, moved steadily through 68,000 to 69,000 on March 3, then jumped to about 74,000 on March 4 before settling between 71,000 and 73,000 on March 5. Given this, Bitcoin is up approximately 8-10 percent compared to last week, climbing back above mid-February levels. Many macro and sell-side analysts see this as an early sign of a higher low after February’s drop. Volatility remains high, with large daily swings likely driven by short covering, ETF flows, and geopolitical news rather than by a clear trend.

    Ethereum has also risen, albeit more slowly. ETH traded between 1,940 and 1,960 on March 2, then pushed past 2,000, briefly reaching 2,180 to 2,200 midweek before settling near 2,120 to 2,130 on March 5. YCharts data shows ETH at about 1,938 on March 2 and 2,125.83 by March 5, a roughly 10 percent gain over the period, though it’s still slightly below its level from a year ago. This move comes from a mix of short liquidations and renewed institutional interest. One report noted an 11 percent rally to around 2,192, driven by wiping out over 100 million dollars in short positions and increased spot ETF inflows. On shorter time frames, the price has started to stabilize near 2,100, which many traders see as a pivot level that could lead to tests of 2,300 to 2,400 if macro conditions allow.

    For stablecoins and DeFi, the story this past year has been shifting from being tokenized stores of value to becoming core market infrastructure. Stablecoin evolution in 2026 shows how institutional-grade DeFi protocols and stronger on-chain collateral frameworks are putting stablecoins at the center of lending, derivatives, and cross-venue liquidity, rather than acting as passive stores of value between trades. Additional analysis whats next for stablecoins and on-chain settlement shows that as more regulated players join DeFi networks, demand is shifting toward tokens that can serve as settlement assets, collateral, and gateways to tokenized treasury and credit markets. This creates a landscape where stablecoin flows increasingly resemble traditional money-market behavior, with vaults, wrappers, and RWA-backed structures handling the yield work behind the scenes while users interact with simple dollar-like balances.

    At the broader Crypto–TradFi level, early March commentary from policy forums and market analysts suggests that 2026 is a turning point for convergence. The World Economic Forum’s digital-asset outlook highlights that major banks are now issuing deposit tokens on public chains and integrating tokenized services such as 24/7 USD clearing and real-time cross-border liquidity into their core infrastructure, rather than treating them as isolated pilots. At the same time, reports on DeFi and institutional adoption note that Wall Street desks are increasingly using on-chain tools, stablecoins, tokenized funds, and permissioned DeFi to find yield and manage collateral, even when the client-facing product appears to be a traditional fixed-income or money-market vehicle. Together with this week’s bounce in BTC and ETH, this supports a story in which prices may be exiting a corrective phase as the structural role of on-chain rails in global finance becomes more complex and mature.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    Business

    Blackstone leads $250 million investment in UAE payments platform ADGT

    Business

    SBC Summit Malta 2026 to Tackle the Biggest Questions in Modern Marketing

    Business

    Sanofi Supported Rare Disease Awareness in collaboration with the UAE Rare Disease Society and Saudi Society of Medical Genetics

    Business

    BingX Introduces 24/7 TradFi Trading, Unlocking Continuous Access to Global Markets

    Business

    Skrib Launches Writing Workspace to Unite Planning, Research, and Drafting in One Place

    Business

    Bybit Launches AED Fiat Referral Boost Campaign with 7,500 USDT Prize Pool

    Business

    Dubai Just Got Its First Gameshow Brunch, And There’s AED 5,000 Up For Grabs

    Business

    Dodo Pizza UAE wraps up Ramadan 2026: family activations and courier support in a $16.4b market

    Stay In Touch
    • Facebook
    • Twitter
    Don't Miss
    Business

    Sanofi Supported Rare Disease Awareness in collaboration with the UAE Rare Disease Society and Saudi Society of Medical Genetics

    Sanofi has supported a groundbreaking awareness campaign in collaboration with the UAE Rare Disease Society (UAERDS) and Saudi Society of Medical Genetics (SSMG), under the powerful slogan “More Than You Can Imagine.” This strategic partnership aims to significantly expand public understanding of rare diseases across the GCC region, addressing critical gaps in awareness that affect […]

    KlasJet’s Head of HR on attracting top aviation specialists amidst talent shortage

    Doha to Host a Global Convergence of Visionary Leaders at the 2026 Impact Leadership Global Awards

    Moro Hub Awards Green Certificate to Imperium Software Technologies for Sustainable Cloud Hosting

    Alinma Bank and Visa partner to bring GCC cardholders exclusive experiences with Visa Cash app Racing Bulls

    Recent Posts

    • Blackstone leads $250 million investment in UAE payments platform ADGT
    • SBC Summit Malta 2026 to Tackle the Biggest Questions in Modern Marketing
    • Sanofi Supported Rare Disease Awareness in collaboration with the UAE Rare Disease Society and Saudi Society of Medical Genetics
    • BingX Introduces 24/7 TradFi Trading, Unlocking Continuous Access to Global Markets
    • Skrib Launches Writing Workspace to Unite Planning, Research, and Drafting in One Place
    Our Picks
    Business

    Quill Communications certified as one of the Best Places to Work in the UAE

    life

    THE FIRST TRILINGUAL FULL SONG DONE AND RELEASED BY FADI AWAD!

    Business

    4Partners secures $3.6 million to enhance regional expansion plans

    life

    CAMON 30 Series Guarantee a 3-year Android Updates Up to Android 16

    Must Read
    News

    MBRF Successfully Concludes Its Participation At London Book Fair 2024

    Business

    Panasonic Introduces PressIT360 For Next Generation Virtual Meetings and Enhanced Collaboration

    Categories
    • Business (837)
    • life (146)
    • News (174)
    Our Picks
    Business

    Golffily Launches in the UAE, Turning Everyday Golf Rounds into Smart Progress and Real Community

    Business

    Simplex secures $13 million to propel Saudi expansion

    About us

    Stay connected with UAEInsider, your ultimate source for insightful news, updates, and analysis on all things UAE and beyond. Dive into the heart of the Emirates’ stories, explore diverse perspectives, and stay informed about the latest developments shaping our region and the world.

    UAE Insider
    Facebook Twitter Instagram Pinterest
    • Home
    • Privacy Policy
    • Terms & Conditions
    © 2026 UAE Insider.

    Type above and press Enter to search. Press Esc to cancel.