UAE Insider
    What's Hot
    Business

    Winners of the Seventh “TRT World Citizen Awards” Announced

    Business

    MAK Network Solutions launches in Sharjah to lead integrated smart infrastructure

    life

    UAE’s Homegrown Brand SunKiss, Launches Sustainable Refills Featuring ‘Forever’ Aluminum Bottles

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Terms & Conditions
    Friday, May 15
    UAE Insider
    • Home
    • News

      Enercap Partners with Prism Digital for Event and Social Media Marketing at MIITE 2026

      OMODA & JAECOO Reinforces Global Growth Vision for Future Mobility Through Integrated Ecosystem Pavilion

      BenQ Celebrates 25 Years of Leadership Excellence: Honoring Manish Bakshi’s Transformational Journey in the Middle East

      OMODA & JAECOO Surpasses 1 Million Global Sales as Beijing Auto Show Opens

      64% of UAE SMEs still rely on Excel to manage core operations, new Fortis research finds

    • Business

      Crypto Market Recap: Stocks Push Higher as RWA Moves Closer to Market Infrastructure

      EyeJack Wins Three Webby Awards, Recognised Among the World’s Leading Digital Innovators

      SBC Summit Tbilisi to Map Path to Growth for Gaming Companies Across Eastern Europe and Central Asia

      Learning & Development Spotlight: Debashi Majumder

      Leadership Spotlight: Marco Rosada, The Coherence Method

    • 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

    Crypto Market Recap: Stocks Push Higher as RWA Moves Closer to Market Infrastructure

    Business

    EyeJack Wins Three Webby Awards, Recognised Among the World’s Leading Digital Innovators

    Business

    SBC Summit Tbilisi to Map Path to Growth for Gaming Companies Across Eastern Europe and Central Asia

    Business

    Learning & Development Spotlight: Debashi Majumder

    Business

    Leadership Spotlight: Marco Rosada, The Coherence Method

    Business

    Female Business Leader Spotlight: Steliana Moraru

    Business

    CNTXT AI Introduces Munsit Edge, Bringing Private, Real-Time Arabic Speech AI to Phones, Cars, and Smart Devices

    Business

    SaaS’ next $100 billion opportunity could come from agentic AI – Bain & Co research

    Stay In Touch
    • Facebook
    • Twitter
    Don't Miss

    Twenty Winners at the Abu Dhabi World Jiu-Jitsu Awards 2025

    Abu Dhabi, 23 November: The Abu Dhabi World Jiu-Jitsu Awards 2025 winners were announced and awarded at Mubadala Arena on Sunday, with 20 winners honoured across various categories. The ceremony took place at the conclusion of the seventeenth edition of the Abu Dhabi World Professional Jiu-Jitsu Championship, held under the patronage of His Highnes

    Ministry of Finance Launches “Tabby” Payment Services to facilitate payment of government fees and fines through easy monthly installments

    “SAHEM” program to combat obesity in the Kingdom launched in Riyadh

    IndusInd International Holdings and Invesco complete formation of asset management joint venture in India

    Palestinian Entrepreneur Wins Sheikh Salem Al-Ali Al-Sabah Informatics Award in Kuwait

    Recent Posts

    • Crypto Market Recap: Stocks Push Higher as RWA Moves Closer to Market Infrastructure
    • EyeJack Wins Three Webby Awards, Recognised Among the World’s Leading Digital Innovators
    • SBC Summit Tbilisi to Map Path to Growth for Gaming Companies Across Eastern Europe and Central Asia
    • Learning & Development Spotlight: Debashi Majumder
    • Leadership Spotlight: Marco Rosada, The Coherence Method
    Our Picks
    Business

    ERide Jo Launches as Jordan’s First eco-friendly Transportation Company

    Business

    Over 2.8 Million Passengers Used Public Transport on New Year’s Eve 2026

    Business

    Europe’s iGaming Hub to Host 6,000 Strong at SBC Summit Malta

    Business

    CNTXT and Oracle Strengthen AI Collaboration to Drive Innovation

    Must Read
    Business

    Ministry Of Economy Reviews New Competition Regulation Law And Its Role In Developing Regulatory & Legislative Frameworks To Promote Competition In The Country

    life

    Cinnamon Hotels & Resorts’ launches Summer Bucket-list for Maldives

    Categories
    • Business (986)
    • life (146)
    • News (179)
    Our Picks
    Business

    Tabby closes $160 million Series E, eyeing IPO

    Business

    Mark Moffat Appointed As CEO Of IFS

    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.