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#cryptocurrency market news

Solana celebrated its 5th birthday yesterday. In honour of the occasion, we decided to take a look at this blockchain’s journey to becoming a leading platform and the home of the best meme coins. Solana was launched on March 16, 2020, by Solana Labs CEO Anatoly Yakovenko and Solana co-founder Raj Gokal and his team. That was right around the time the entire world was forced into lockdown by the COVID-19 pandemic. Some 408B transactions and close to $1T in trading on DEXs later, today Solana is second only to Ethereum in terms of total value locked, at $6.85B. Solana was designed to address the scalability issues that plagued the likes of the Bitcoin and Ethereum blockchains. And, over the past five years, it has been widely adopted in areas such as DeFi, NFTs, gaming, Web3 applications, and – of course – as the launchpad for some of the best meme coins. The high-speed, low-cost Layer 1 blockchain has had its fair share of ups and downs over the past five years. At the peak of the 2020–2021 bull run, Solana’s market cap surged to $77.8B. However, it plummeted by a massive 96% in late 2022. The Solana price fell to $8.30, and its market cap bottomed out at around $3B. Yet, Solana has proven quite the comeback kid, thanks in large part to the meme coin craze. Last year, the meme coin market exploded, and its collective market cap grew by 330%, according to CEX.io. Solana’s impressive speed (up to 65K transactions per second), low costs, strong community, and developer-friendly environment have made it the go-to blockchain for the best altcoins, giving it a considerable edge over competitors. Solana Back On Track For A Good Year Ahead As Solana celebrates its 5th birthday, it seems good things are in store for this blockchain. For one, US President Donald Trump recently announced $SOL will be included in the country’s proposed strategic reserve. Institutional players are acknowledging Solana’s strong position – with the likes of asset manager BlackRock on the brink of launching $SOL spot ETFs. Solana also has two protocol upgrades in the pipeline. The first, SIMD 0123, proposes a system whereby Solana’s priority fees go to validator stakers. This should boost staking rewards, block off-chain transactions, and improve on-chain processing. SIMD 0228, meanwhile, is a proposal to change how new $SOL tokens are released, in a bid to make token issuance more balanced and efficient. Instead of a fixed schedule, staking rewards would adjust based on how many people are staking. The Solaxy Presale Solution To Solana’s Pitfalls Solana’s ecosystem continues to flourish in the cryptocurrency and Web3 landscape, proving that speed, efficiency, and innovation can co-exist in a decentralized world. That said, the Solana blockchain is still known for traffic congestion and failed transactions. To the rescue comes Solaxy ($SOLX), the meme coin behind the world’s first-ever Solana Layer 2 ecosystem. $SOLX aims to build on Solana’s good points (speed and low transaction costs) by boosting scalability and adding even more speed. As an Ethereum-based token, Solaxy will bridge Solana and Ethereum, meaning $SOLX holders will be able to capitalize on the strength of these two blockchain powerhouses. This is exciting news for the crypto world, and investors are taking note. The Solaxy presale has raised $26.7M since it launched in December last year. Right now, 1 $SOLX costs $0.0016666 (with 153% staking rewards). Being a presale, however, it won’t stay that low for long. If you’re interested in investing in what is potentially a game changer for Solana, the Solaxy whitepaper is a good starting point, as is the $SOLX X channel. Our guide to buying $SOLX will walk you through the steps if you decide this is the investment for you. Remember to do your own research, as we’re not financial advisers. That said, it will be exciting to see what’s in store for the Solana blockchain if the last five years are anything to go by.

#cryptocurrency market news

The best meme coins and Bitcoin price action collided in dramatic fashion this weekend. A crypto whale trader on Hyperliquid opened a short position on Bitcoin worth $445M using 40x leverage with a liquidation price of $86K. This bold move came just as Bitcoin’s price was holding steady around the $84K mark. Market participants were quick to launch a coordinated bull hunt after noticing this open position. A trader named CBB led the charge, and bulls were able to push the $BTC price to $84,690. This forced the short trader to deposit $5M $USDC to avoid liquidation. However, the hunt ultimately fizzled as $BTC prices dipped further. Bitcoin is currently trading at $83,358. Interestingly, the trader had also opened a long position on $MELANIA with a 5x leverage. $MELANIA, by the way, is the proprietary token of Melania Trump, the first lady of the United States. A Change in Trend to Meme Coins? A crypto whale punching in such a trade is no coincidence. It’s also not a freak trade. It hints at the changing crypto market sentiments, which seem to be slowly shifting towards altcoins and meme coins. Bitcoin has fallen around 30% from its all-time high of $110K in the last 6 weeks. $ETH has also seen a significant decline of 50% as prices have dipped below the $2K mark. While some see this as a good opportunity to add these digital assets at low prices, others are moving towards trending cryptos like $MELANIA and $BROCCOLI. $BROCCOLI, for instance, made well over 1,000% for early investors, and that, too, in just a few days after its launch. All of this goes to show the increasing meme coin hype, which has picked up significant heat after the appointment of Trump as the president. Surely, we all remember $TRUMP, right? Overall, the broader meme coin market looks bullish with a lot of positives – pro-crypto regulations, legislative support, and a market condition shift. If you’re also looking to make the most of these conditions, here are the best meme coins to invest in right now. 1. BTC Bull Token ($BTCBULL) – Best Meme Coin to Buy In 2025 The above is proof that even institutional investors are embracing meme coins. They boast mind-boggling profit potential, after all. BTC Bull Token ($BTCBULL) is a top new meme coin causing a stir in the crypto market. That’s because it’s the first-ever project to offer token holders free $BTC. Once Bitcoin breaks out of its recent slump and reaches new highs ($150K, $200K, and $250K, to be precise), $BTCBULL holders will receive Bitcoin via airdrops directly into their Best Wallet. It’s also worth noting that the BTC Bull Token team plans to shave off a part of the total token supply every time Bitcoin’s price increases by $25K. This could be a strategic masterstroke, seeing as it would contract the supply and, therefore, potentially increase the token’s demand – and, ultimately, its price. If you’re interested in buying the best Bitcoin meme coin, all you have to currently pay for each token is $0.002415. The project has so far raised $3.7M, stamping its authority as one of the best crypto presales. Here’s our guide on how to buy $BTCBULL if you’re interested. 2. Meme Index ($MEMEX) – Top New Token Redefining Meme Coin Investing Using up your entire investment capital to buy only a couple of meme coins might not be the best approach. However, HODLing every single meme coin that comes across your table could be equally disastrous. If you’re struggling to make a proper plan of action as far as meme coin investing is concerned, Meme Index ($MEMEX) is just for you. It’s a revolutionary crypto project that will launch the first meme indexes in the world. There will be a total of four meme coin baskets: Meme Titan Index, Meme Moonshot Index, Meme Midcap Index, and Meme Frenzy Index. Each of them differs in volatility and upside/downside potential. So, depending on your risk tolerance and desire for profits, you can choose one or more meme coin indexes. Additionally, $MEMEX is also the perfect meme coin for investors looking to earn a few extra bucks through staking. Even though the project’s presale has been live for a few months now, it’s still offering a 562% APY. So far, the presale has raised over $4M. If you want to join the $MEMEX movement and buy Meme Index, each token is currently selling for just $0.0166883. 3. OFFICIAL TRUMP ($TRUMP) – Best PolitiFi Meme Coin to Buy Right Now If you want a glimpse into just how wildly volatile meme coins can be, there could hardly be a better example than OFFICIAL TRUMP. $TRUMP, as the name suggests, is Donald Trump’s official meme coin launched on January 17, 2025. To say that it took the crypto market by storm would be an understatement, as the token rose by over 12,000% in only a few hours. Both institutional and retail investors flocked to purchase $TRUMP, which quickly became a symbol of the promise made by Donald Trump to back the crypto markets. Although Trump’s new pro-crypto regulatory changes have undoubtedly breathed new life into crypto, his recent tariff announcements affected not only the larger crypto market but also $TRUMP. As a result of a steady downfall, $TRUMP is now trading at $11.46, where it was once priced at over $75. That said, we believe that a renewed interest in $MELANIA could also boost $TRUMP’s price. Another reason it’s one of the best cheap cryptos to buy now is that Trump’s support for crypto won’t subside – but the tariff shockwaves will eventually settle down. When (and not if) the crypto market reverses, don’t be surprised if $TRUMP shines through. Conclusion Meme coins can be extremely profitable investments, but unlike traditional assets, they’re a lot more volatile and hardly ever follow a steady curve. So, you must brace yourselves for violent fluctuations, as well as only invest an amount you don’t mind losing. As always, kindly do your own research before investing. This, or any other article of ours, isn’t financial advice.

#cryptocurrency market news

Trump-backed crypto investment firm World Liberty Financial has raised $590M in the $WLFI token sale. The total token supply is capped at 100 billion. Out of this, 20% of the tokens (20 billion) were made available for sale in October at a price of just $0.015. The initial sale experienced slow demand. However, after the launch of $TRUMP and $MELANIA, the Trump family’s in-house meme coins, the $WLFI token sale also took off. The first round raised around $300M. Another 5 billion tokens were then opened for sale at $0.05 per token, raising $250M. In addition to this $550M, Tron founder Justin Sun has invested $30M in the project, while Web3Port invested $10M. This investment made Justin an advisor of the project. Zak Folkman, the co-founder of WLFI, has said that the project intends to put 63% of the total supply for sale. Right now, only 25% of the tokens have been sold. This suggests that more rounds of token sales are coming at a possibly higher price. The Growing Stablecoin Supply You might be wondering why the WLFI token sale is crucial to the crypto markets. Well, there are a couple of reasons. Firstly, the fund is backed by Trump himself, who has gone all pro-crypto since his appointment as the president. A more technical second reason is that World Liberty Financial is a big promoter of US-backed stablecoins and DeFi applications. It wants to strengthen the US dollar. This is also evident with WLF’s current portfolio. Out of a total investment of $98M, $19.83M is held in stablecoins ($13.58 in USDT and $6.25M in USDC). That’s around 20% of the total portfolio value. The total market stablecoin supply is now around $219B, which suggests that the current cycle has still not exhausted its potential and that we’ve only reached midway. If you look at past data, the supply during April 2022 was $187B before the markets went bearish. We’re already past that, and the supply is still increasing. This increase is also propelled by declining crypto conditions, where institutional investors are adding crypto assets to their portfolio at throw-away prices. These attractive prices have meant that the supply isn’t declining. $ETH has seen more than a 50% decline in the last 3 months. In fact, WLFI holds $41M worth of ETH (40% of its portfolio). Everyone’s ravenous for a piece of the crypto pie, and this is bound to translate to higher price points for the best altcoins and a potential rally. If you’re looking to maximize your gains, consider investing in the best crypto presales, which are high-potential tokens at their cheapest ever rates. 1. BTC Bull Token ($BTCBULL) – Best Presale to Rally Behind Bitcoin’s Success Story The POTUS himself being a participant in the crypto hype is undoubtedly one of the biggest positives for the industry. And given that Bitcoin is at the helm of the crypto market – other coins follow the larger $BTC trend, after all – a new and innovative Bitcoin-based meme coin like BTC Bull Token ($BTCBULL) is possibly the best crypto to invest in right now. $BTCBULL separates itself from other tokens by being the only project that gives out free Bitcoins to its token holders. Yep, you read that right. You will receive an airdrop of $BTC as a token of appreciation for your loyalty if you purchase and hold $BTCBULL in Best Wallet. Another masterstroke by the BTC Bull Token team is that they’ve tied the Bitcoin airdrops to $BTC’s price. There will be $BTCBULL airdrops every time Bitcoin surges past a new milestone, like $150K, $200K, and $250K. Combined with regular token burns (after every $25K jump in Bitcoin’s price, to be precise), BTC Bull Token has ensured the price of its token continues to rise. As anticipation for an airdrop rises, so will $BTCBULL’s price. Luckily for you, $BTCBULL is currently in presale, meaning it’s the cheapest it could ever be. Just $0.002415 at the time of writing. Here’s how you can buy BTC Bull Token and join the $3.6M+ club. 2. Best Wallet Token ($BEST) – Top New Presale Belonging to the Best Crypto Wallet Quite naturally, the increased investor attraction towards crypto means folks are hungry for privacy-conscious crypto wallets that can store their prized possessions with utmost security. This is where the Best Wallet Token ($BEST) becomes a crypto worth buying. It is, after all, the native token of the highly secure and user-friendly crypto wallet, Best Wallet. Best Wallet is a non-custodial and multi-chain crypto wallet that leverages Fireblock’s MPC-CMP wallet technology, along with state-of-the-art 2FA/MFA, to ensure none other than you can access your funds. Buying $BEST tokens not only gives you a piece of the Best Wallet’s success, but it also comes with a handful of unique benefits, such as: No gas fees on Best Wallet Handsome airdrop and staking rewards Early-bird access to the best meme coins Regular market updates and access to real-time charts The $BEST presale has already raised over $11M and still shows no signs of slowing down. Each token is currently available for just $0.02435. Here’s how to buy $BEST. 3. Lightchain AI ($LCAI) – Aims to Build Secure Blockchains Lightchain AI ($LCAI) is proof that the crypto-AI relationship can bear sweet fruits. It’s a project that combines blockchain (Proof of Intelligence) and AI (Artificial Intelligence Virtual Machine) technologies to build new blockchains that are the epitome of security. Lightchain AI will work by rewarding users who make meaningful contributions to AI development. However, the contributions must me made in a way that they don’t hamper the network’s security. The token is in Stage 15 of its presale, which has so far amassed nearly $18M. 1 $LCAI is currently selling for only $0.007125. However, interested investors shouldn’t delay their purchase because there will be a price increase as the token enters the next presale stage. Final Verdict – DYOR Trump is undoubtedly pro-crypto, as evident by his own participation and push for crypto-friendly regulations in the US. However, some of the decisions he takes for the larger US economy – the tariffs, for instance – stand to have a major impact on crypto’s health. So, while the long-term outlook for crypto screams bullishness, the journey to the top could be one filled with choppiness and heavy volatility. That’s why it’s important to be smart about your crypto investments and only pour in an amount you’re comfortable sidelining. Lastly, you must always do your own research before investing – or perhaps even consult a professional for advice. None of the above is meant to be financial advice, by the way, as we merely put out our honest insights.

#cryptocurrency market news

Bitcoin’s recent performance has sent shockwaves through the crypto market, with retail investors who bought the token at its peak particularly bearing the brunt of this downward push. However, as we’ve mentioned time and time again, corrections in the market – any market – are healthy. Even better, we’ve noticed a rare bullish signal in Bitcoin. Spoiler alert: it’s one of the strongest (because it’s pretty much worked every single time) technical patterns as far as $BTC is concerned. US Dollar Strength Index (DXY) Hints at Bitcoin Reversal First things first, it’s important to understand that Bitcoin has an inverse correlation with the US Dollar Strength Index (DXY). Simply put, Bitcoin’s price increases whenever DXY is sloping downwards and vice versa. The DXY decreased by over 3.4% in a single week recently. Such a rapid fall in the DXY has only occurred thrice before, and each of those instances saw $BTC shed its sluggishness and rally violently to new highs. To further understand just how prominent this bullish signal is, let’s take an in-depth look at what happened in the past – seeing as in the markets, past action is a strong predictor of future prices. In 2015, DXY fell sharply, and Bitcoin climbed by over 200% in just a few months. The first few months of 2020 saw the exact same thing unfold, i.e., DXY sloped downwards and BTC sloped upwards simultaneously. The latest and greatest instance was during the 2022 bear market recovery, when a decline in DXY was followed by a long-drawn consolidation in $BTC – and then a sharp move upwards. Bitcoin’s Chart Also Screams Bullishness In addition to an inverse relationship with DXY, Bitcoin’s chart is also showing a handful of positive signs. On the weekly chart, $BTC is taking support on the 50 EMA (Exponential Moving Average). Furthermore, it has formed a pretty neat hammer candle, which is a classic buy signal. On the 4-hour and 1-hour timeframes, Bitcoin is hovering over the 10 & 20 EMAs, which are both sloping upwards. This is a strong indicator of an upcoming price explosion towards the upside. If you’re looking to make the most of the forthcoming Bitcoin (and crypto) rally, here are the best new presales to buy. Since these are tokens that haven’t yet been listed, you can grab them for astonishingly cheap prices. 1. BTC Bull Token ($BTCBULL) – Best New Presale to Buy to Get Behind Bitcoin’s Growth With Bitcoin finally showing some serious intentions to rally upwards, it’s worth backing a project like BTC Bull Token ($BTCBULL). It is, after all, a meme coin that can help you maximize your earnings from Bitcoin’s growth. Here’s how: As a token holder, you’ll receive free $BTC via airdrops. Just make sure you buy and hold $BTCBULL in Best Wallet. Secondly, because these $BTC airdrops are slated to take place every time Bitcoin reaches a new milestone ($150K, $200K, $250K, and so on), the price of the $BTCBULL token, too, will rise by leaps and bounds. Also, given that BTC Bull Token works on meme coin fundamentals, it’s expected to generate better returns than Bitcoin. Expert BTC Bull Token price predictions suggest the token could reach $0.0084 by the end of 2025. That’s a nearly 3.5x return on your investment – provided that you get in now when the token is in presale ($3.6M+ raised) and available at some of its lowest ever prices. 1 $BTCBULL is currently selling for just $0.00241. 2. Solaxy ($SOLX) – First-Ever Solana Layer-2 Currently in Presale Bitcoin might be the biggest cryptocurrency out there, but blockchain networks like Solana have occupied a significant place in the crypto economy, too. And with Bitcoin to pull the entire crypto market along with it, an altcoin with real utility like Solaxy ($SOLX) is in a pole position to skyrocket. Solaxy will build the first-ever Layer 2 scaling protocol on Solana. It will provide a much-needed boost to the Solana network, which has recently been struggling with scalability issues and failed transactions. Essentially, the abundance of meme coin launches in the last few months has overwhelmed Solana, and its mainnet is in dire need of some relief. Solaxy will do so by processing transactions away from the network’s primary chain, i.e., on a sidechain. Additionally, since it’s a multi-chain token (works on both Ethereum and Solana), it will leverage Ethereum’s liquidity while providing the same top-notch security and affordability that Solana is known for. It’s also among the hottest presales of 2025, having already amassed over $26.4M. You can join the hype by shelling out just $0.001664 per token. Check out our guide on how to buy Solaxy for more info. 3. Bitcoin Pepe ($BPEP) – Fascinating New Project Aiming to Create Bitcoin L2 Bitcoin Pepe calls itself the ‘World’s ONLY Bitcoin Meme ICO.’ Although we still believe BTC Bull Token to be the king of all Bitcoin meme coins, it’s worth noting that $BPEP, unlike $BTCBULL, is actually based on the Bitcoin blockchain. $BPEP’s aim is simple. It wants to combine Bitcoin’s class-leading liquidity and security with Solana’s speed and low fees and use that to create a meme layer-2 network on Bitcoin. By becoming a hub for meme coin activities within the Bitcoin ecosystem, Bitcoin Pepe plans to kickstart a new era of DeFi and meme coin trading on the world’s most popular blockchain. The project, which is currently in its presale, has witnessed significant investor interest. It has managed to raise a whopping $4.8M so far, and you can currently buy one token for an extremely low price of $0.0281. Bottom Line To conclude, Bitcoin has by no means fallen out of favor in the market. With a rare and extremely strong buy signal in DXY divergence and several other technical analysis confluences in play, the OG crypto is highly likely to start an upmove sooner rather than later. Although $BTC itself as well as the other top cryptos mentioned in this guide can easily make you a crypto millionaire in 2025, it’s important to not go into overdrive. That means only investing a sum that’s small enough for you and doing your own research before diving in. Remember, none of the above is a substitute for professional financial advice.

#bitcoin #btc #link #chainlink #cryptocurrency market news #crypto analyst #crypto trader #crypto investor #linkusdt #crypto whale #chainlink analysis #crypto bull run 2025 #crypto market correction

After losing a key support level earlier this week, Chainlink (LINK) has surged 24% from the recent lows to lead Friday’s crypto market. Some analysts suggested that a rebound could be around the corner as whales continue to bet on the cryptocurrency. Related Reading: Bitcoin Faces Rejection At $84,000, But Analysts Show 2020 Similarities – Recovery Ahead? Chainlink Recovers Critical Support On Friday, Chainlink surged over 10% to turn the $14 resistance into support again. The cryptocurrency lost this crucial level on Monday following the recent crypto market crash, which saw Bitcoin (BTC) fall to its lowest price in months. During the correction, LINK dropped to a four-month low at $11.71, retesting its post-election breakout levels for the first time since late November. Over the past three days, the token hovered between the $12.5-$13.5 price zone, failing to break above the range’s upper boundary and retest the $14 mark until today. It’s worth noting that this level has been a critical support during LINK’s past rallies, serving as a key breakout and bounce point in the previous cycle, Q1 2024’s high, and the post-US election pump. Moreover, whenever this level has been lost, it has led to long accumulation periods for the cryptocurrency. After today’s surge, LINK has reached a high of $14.71 before retracing to the $14.4-$14.5 price range over the past few hours. Crypto analyst Ali Martinez noted that holding its current level “could set the stage for a rebound to $24.” As Martinez has pointed out, Chainlink has been in an ascending parallel channel since July 2023, moving between the pattern’s upper and lower boundary over the last year and a half.  LINK surged to the channel’s upper trendline every time it retested the lower zone before dropping back, repeating the cycle. Based on this, the recent recovery of the parallel channel’s lower range could send the cryptocurrency to the mid-zone of the pattern before a climb to the upper boundary.  “A Spike in buying pressure at the current levels can help Chainlink rebound to the upper boundary at $45,” the analyst explained. Is LINK Poised For A Reversal? Notably, whales had bought over 3 million LINK in five days, Martinez pointed out on Tuesday, and online reports revealed that an address has continued to purchase Chainlink during the rest of the week. Lookonchain recently reported that a large-scale address has “spent 12.1 million USDC to buy 863,174 LINK at $14,” holding a total of 1.07 million tokens, valued at $15.53 million. Additionally, the address has a long position on LINK, worth $31 million. Analyst AMCrypto Alex pointed out that LINK remained in its long-term uptrend channel despite Tuesday’s low. However, he considers there is a high chance that the token will retest the $10 mark before the bottom formation. Related Reading: Solana (SOL) Retests Crucial Support Level – Is A 50% Price Drop On The Horizon? Meanwhile, trader Crypto Rand suggested that Chainlink is ready to bounce as “LINK marines are getting ready for the bull reversal.” The market watcher pointed out the cryptocurrency has been forming a falling wedge pattern since the start of 2025, and the $14 support recovery is “pushing for the breakout.” A breakout from the pattern’s upper trendline, which is around the $14.5 mark, could propel the token’s price to a 30% surge near the $20 barrier. As of this writing, LINK is trading at $14.51, an 11.6% surge in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

#crypto #javier milei #cryptocurrency #crypto regulation #libra #crypto regulations #crypto news #cryptocurrency market news #trump memecoin #melania memecoin #hayden davis #libra memecoin #librausdt

An Argentine prosecutor has requested a judge to issue an Interpol “Red Notice” for Hayden Davis, an American citizen allegedly involved in the launch of the controversial LIBRA memecoin that has entangled Argentine President Javier Milei in a dramatic political scandal.  LIBRA Memecoin Scandal The request, made by prosecutor Gregorio Dalbón, reviewed by Fortune, accuses Davis of being a key figure behind the LIBRA memecoin. The token gained significant attention after President Milei endorsed it on Valentine’s Day.  Following Milei’s endorsement, LIBRA’s market capitalization soared to over $4.5 billion. However, its value quickly collapsed, plummeting by more than 99% to approximately $18 million. Blockchain analysts later revealed that certain insiders sold large amounts of the token shortly after Milei publicly supported it. Related Reading: Solana Price Crash To $90? Why A 26% Decline Could Rock This Crypto In his request for the Red Notice, Dalbón expressed concerns that Davis might evade justice, citing his financial resources that could facilitate his flight or concealment.  “The possibility that Davis will abandon his country of residence or hide to avoid answering for his alleged acts appears to be aggravated by the economic resources he possesses,” Dalbón stated, emphasizing the urgency of the situation.  Interpol, the International Criminal Police Organization, facilitates international cooperation among law enforcement agencies in its 196 member countries, including the US and Argentina. A Red Notice serves as a request for member countries to locate and provisionally arrest individuals pending extradition. Federal Investigation Launched Into Javier Milei’s Endorsement Davis has not publicly responded to the allegations, nor have his family members, including his brother Gideon and father Charles, who are involved in their family crypto venture, Kelsier Ventures, Fortune reported.  Yet, the controversy surrounding LIBRA is further complicated by its connection to former President Donald Trump, who recently launched his own memecoin named TRUMP. Trump’s endorsement of cryptocurrency has been characterized as part of his broader strategy to position himself as a pro-crypto advocate.  Related Reading: Bitcoin Bottom Confirmed? Data Shows 87.5% Chance The Worst Is Over Following Milei’s endorsement, Davis openly acknowledged his role as an advisor to the Argentine president, stating, “I am indeed Javier Milei’s advisor.” He also claimed responsibility for the launch of a separate memecoin associated with Melania Trump. The fallout from the LIBRA launch has prompted legal inquiries, including a federal investigation into Milei’s actions. Both Milei and Davis have denied any wrongdoing, but the political implications of this incident are significant, as it raises questions about the accountability and regulation of cryptocurrencies in Argentina. At the time of writing, the memecoin is trading at $0.060, down over 90% from its all-time high reached on Valentine’s Day.  Featured image from DALL-E, chart from TradingView.com

#bitcoin #crypto #cryptocurrency #donald trump #bitcoin news #crypto news #cryptocurrency market news #us recession #trump tariffs

US President Trump’s outspoken acceptance of near-term economic hardship has placed risk assets—including Bitcoin (BTC) and the broader crypto market—under mounting pressure. According to a thread by The Kobeissi Letter on X, President Trump’s strategy revolves around tolerating significant “short term pain” in order to drive down inflation and facilitate the refinancing of over $9 trillion in US debt. Will Crypto Survive Trump’s ‘Short-Term Pain’ Strategy? The impact on cryptocurrencies has been immediate and pronounced. While US equities have shed an estimated $5 trillion in market value this year, digital assets have also suffered steep losses. Since President Trump’s inauguration on January 21, Bitcoin (BTC) has declined by approximately -23%, Ethereum (ETH) has tumbled by roughly -43% and the broader crypto market has experienced even more dramatic price drops. Related Reading: Crypto Bull Run Isn’t Over—It’s Just Changing, Says Analyst Although high volatility is nothing new in crypto, the synchronized downturn suggests that crypto assets are not immune to macroeconomic forces. The Kobeissi Letter adds, “Based on our research, President Trump made this conclusion BEFORE inauguration. However, he began formally articulating it on March 6th. Below is the headline that destroyed investor confidence in 2025. President Trump is no longer the ‘stock market’s President’ (for now).” The Kobeissi Letter points to March 9 as the date President Trump further confirmed his stance by noting that America is in a “period of transition” and that it will “take a little time,” implying a willingness to tolerate near-term market turbulence. During this period, Commerce Secretary Lutnick’s statement on March 6—“Stock market not driving outcomes for this admin”—was followed by Treasury Secretary Bessent’s remark, “Not concerned about a little volatility.” Although The Kobeissi Letter’s analysis notes that the administration’s viewpoint solidified before inauguration, it cites President Trump’s urgent focus on the year 2025, when $9.2 trillion in US debt will either mature or need to be refinanced. The thread states, “First, as we have previously noted, the US is facing a massive refinancing task. In 2025, $9.2 TRILLION of US debt will either mature or need to be refinanced. The quickest way to LOWER rates ahead of this colossal refinancing would be a recession.” Related Reading: Economic Turmoil: Crypto Market Loses 25% Of Value As Recession Worries Mount Beyond debt concerns, The Kobeissi Letter also highlights the administration’s drive to reduce oil prices and the US trade deficit as part of the same economic calculation. Since President Trump took office, oil has fallen by over 20%. “Furthermore, a clearly defined part of President Trump’s strategy has been to LOWER oil prices. Oil prices are down 20%+ since Trump took office. This morning, Citigroup said oil prices falling to $53 would lower inflation to 2%. What would lower oil prices? A recession.” Meanwhile, the administration’s extensive use of tariffs, which The Kobeissi Letter describes as “levying tariffs on almost ALL US trade partners,” is chipping away at GDP growth estimates, further hinting that a deliberate slowdown is in motion. The Kobeissi Letter also notes, “On top of this, DOGE and Trump are attempting to cut TONS of government jobs. These are the same jobs that have accounted for much of the recent job ‘growth’ in the US. Government jobs have risen by 2 million over the last 4.5 years. Cutting these jobs will spur a recession.” DOGE leader Elon Musk appears resigned to short-term declines. Even after Tesla (TSLA) recorded its seventh-largest historical drop on March 10, Musk posted that “It will be fine long-term.” For crypto traders and investors, the “short term pain” scenario by Trump is currently dictating the price action. The question, the analysts from The Kobeissi Letter posit, is whether this will lead to a more favorable economic landscape in the long run. “Is the ‘short term pain’ worth the ‘long term gain’ in President Trump’s economic strategy?”. At press time, the BTC price remained under heavy downward pressure and traded at $82,000. Featured image from Shutterstock, chart from TradingView.com

#cryptocurrency market news

Although it may seem like crypto dominated world markets for the better portion of the last half year, it’s actually the artificial intelligence industry that took home a significantly large proportion of institutional funding. According to Pitchbook, crypto venture funding in the US clocked in at around $861M in the first quarter of 2025. Impressive, right? AI, however, saw nearly $20B in funding during the same time frame. That’s over 23x more than crypto. Some headline AI deals include Anthropic’s $2B raise and Databricks’ scooping up a mind-boggling $15.3B in its funding round. Crypto’s biggest deal, on the other hand, was Abu Dhabi’s MGX making a $2B investment into Binance. The Markets Have Spoken: AI > Crypto Don’t mistake this quarter’s investment numbers to be a one-off instance. This is a well-established trend. For instance, where AI startups attracted $131.5B in 2024, crypto firms raised a mere $4.9B. All in all, there’s no debate that AI is still getting more attention than crypto. But what about AI crypto projects? The Rise of AI Cryptocurrency Projects AI crypto coins are a relatively new niche, but given that they aim to make AI more accessible and useful by combining it with blockchain technologies, there’s a strong case to be made for them. For example, there are AI-crypto projects offering decentralized platforms for safe data sharing for AI training. Then there are AI agents that can analyze truckloads of data in a short period of time and churn out real-time crypto investment insights. The possibilities, quite frankly, are endless. Plus, with AI successfully integrating into DeFi protocols and proving its mettle in performing complex on-chain operations, the AI-crypto collaboration certainly has a bright future ahead of it. Not to forget that there are already multiple billion-dollar AI-crypto projects in the market right now. Because this particular market segment is in its infancy, we might have a potentially once-in-a-lifetime opportunity on our hands. Here are the best AI agent coins that can help you make the most of the upcoming boom in AI-crypto projects. 1. MIND of Pepe ($MIND) – Best AI Agent Coin Offering Real-Time Trading Insights If you’re new to crypto trading – or you’ve given it an honest go but failed to generate profits – MIND of Pepe ($MIND) might just be the best crypto for you to buy. $MIND is an anonymous and self-evolving AI agent capable of identifying high-potential cryptos. In short, if you can identify a fundamentally strong crypto, you’re a good crypto trader. But if you can identify a utility token that also enjoys market hype before it explodes, you’re $MIND. How does $MIND do it? It constantly talks to crypto influencers and communities online (such as on X) and carefully soaks in all the bajillion pieces of information, including bias towards specific cryptos, an entire segment, and even the larger market. Then, $MIND uses hive-mind analysis to join the dots and pinpoint tokens that could benefit as a result of all the chatter going around. Additionally, MIND of Pepe is also set to one day launch its own tokens. Combined with the AI agent’s upcoming ability to drive new crypto trends by swaying conversations and opinions online, these cryptos will enjoy a much higher likelihood of skyrocketing. If you want to benefit from all that $MIND has to offer as well as from the project’s upcoming growth, become an investor in $MIND’s presale. It’s currently ongoing and has already raised over $7.3M. One token is available for just $0.0035095 right now – here’s how to buy it. 2. Virtuals Protocol ($VIRTUAL) – Innovative Crypto Aiming to Revolutionize Virtual Interactions Through AI Virtual worlds are likely going to be all the rage in the near future. This is why crypto projects like Virtuals Protocol, which aim at leveraging AI to simplify life in the virtual realm, have been gaining momentum. For example, if you happen to use a crypto wallet in an online game, you can permit the AI agent to manage the wallet for you – as far as using it to spend money within that game is concerned. It can also manage other digital asses, such as avatars, NFTs, and game items, and it can do so across multiple virtual environments. $VIRTUAL, the project’s native token, is trading on some of the biggest crypto exchanges. These include BiKing, BingX, and Bitget. Such industry-wide integration is a strong sign of Virtuals Protocol’s potential. After surging past the $4.6 mark in early 2025, $VIRTUAL has been in a steady downtrend. But that has been the case with almost every single coin. The bottom line remains that this is a key player in the Metaverse’s evolution and, as such, is poised for massive growth. OSpeaking of growth, $VIRTUAL is up over 4.7% today. It’s currently trading at $0.6510, which makes it one of the best cheap cryptos to buy right now. 3. LayerAI ($LAI) – First to Successfully Merge Blockchain and AI LayerAI, previously known as CryptoGPT, has been built to decentralize the data economy that powers AI growth. It’s an Ethereum-based Layer-2 protocol empowering users to monetize their AI data – you can earn rewards for sharing pristine training data. Unlike ChatGPT, which is funded privately, LayerAI allows the public to get a piece of its success. Also, while other AI projects don’t have the kind of numbers to challenge something like ChatGPT, LayerAI’s apps boast over 2M users at the time of writing. LayerAI has been absolutely dominating the AI coin market for the past few days. It bottomed out at $0.0016385 on March 4 and has since then risen by over 300%. It’s currently available for a low price of $0.006610. We say ‘low’ because $LAI’s upside potential is huge. If the current momentum holds, $LAI can easily reach previous monthly highs of around $0.0245985. That would be a nearly 400x climb from its current prices. Bottom Line There’s undoubtedly a lot of value in AI+crypto coins like the ones mentioned above. However, with AI agents flooding the market, there’s also the risk of scams and rug pulls. So, it’s up to the investor (like you and me) to exercise caution while aiming to ride the growth of this highly lucrative segment. As always, we recommend you do your own research before investing and only jump in with an amount that doesn’t hurt your tummy while sleeping. Also, note that none of what’s said above should be considered a substitute for financial advice from a professional.

#bitcoin #crypto #btc #bitcoin analysis #crypto market #bitcoin market #btcusdt #cryptocurrency market news

Bitcoin’s price appears to be still struggling below key levels. So far, the asset still trades below $82,000 marking a slight uptick of 0.3% in the past day and a roughly 24.3% decrease away from its all-time high (ATH) above $109,000 registered in January. Amid this price performance, key price levels, particularly those that impact short-term holders (STHs)—investors who have held Bitcoin for less than six months have emerged. Related Reading: Bitcoin Investors Shift To Strong Distribution As Demand Fades, Glassnode Reveals Short-Term Holder Realized Price: A Key Market Indicator CryptoQuant analyst Yonsei Dent has identified a critical resistance zone between $86K and $90K, where many STHs remain in a loss position. The ability of Bitcoin to break through these levels will determine whether it can regain momentum or continue its downward trend. Yonsei Dent emphasizes the importance of Realized Price, which represents the average acquisition cost of Bitcoin holders. This metric helps identify support and resistance zones by showing at what price level investors are likely to break even or sell at a loss. Currently, Bitcoin is struggling to reclaim the $83,000 resistance, as the weighted average Realized Price for 1W–6M STHs stands at $91.800. This means that many recent buyers are still holding at a loss, creating selling pressure as they attempt to exit at break-even levels. Additionally, the 3–6M STH Realized Price sits at $86.100, making it a major resistance zone. Since this group holds the largest share of Realized Cap among short-term holders, their trading activity could significantly impact Bitcoin’s price movements. What This Means for Bitcoin’s Price Action As Bitcoin trades in the $86,000 to $90,000 range, short-term holders selling at break-even could lead to increased market volatility. If Bitcoin is unable to break past this resistance, it could face renewed downward pressure. On the downside, Bitcoin’s 6–12M Long-Term Holder (LTH) Realized Price sits at $63.700, with $64,000 being a strong historical support level. Yonsei Dent notes that if buying demand is strong enough to absorb selling pressure, Bitcoin may break out of this range and establish a more bullish trend. Related Reading: Bitcoin’s Mining Difficulty Rises Despite Market Drop—What Does It Mean? However, if selling from short-term holders intensifies, Bitcoin could retest lower support levels before making any significant recovery. The analyst noted: As Bitcoin navigates the $86K → $90K range, STHs looking to exit at break-even may increase market turbulence. The key question is whether buying demand will be strong enough to absorb this pressure. Let’s see how the market responds. Featured image created with DALL-E, Chart from TradingView

#crypto #cryptocurrency #crypto regulation #crypto regulations #crypto news #us crypto regulation #cryptocurrency market news #garantex

Authorities in India have apprehended Aleksej Besciokov, the alleged co-founder of Garantex, a cryptocurrency exchange reportedly implicated in “extensive money laundering activities (MLA).”  $60 Billion In Transactions Linked To Criminal Activity Besciokov, a 46-year-old Lithuanian national, was reportedly arrested while vacationing with his family in Varkala, a coastal city in the Indian state of Kerala. His arrest comes after an indictment unsealed by the US Department of Justice (DOJ) on March 7. The DOJ’s indictment charges Besciokov and his co-founder, 40-year-old Aleksandr Mira Serda, a Russian national residing in the United Arab Emirates, with conspiracy to commit money laundering.  Related Reading: This Is The Last Opportunity To Buy Dogecoin ‘Relatively Cheap,’ Predicts Analyst Garantex, which launched in 2019, was sanctioned by the US Treasury’s Office of Foreign Assets Control in April 2022 for its role in facilitating the movement of criminal proceeds.  Reports indicate that the exchange has processed over $60 billion since sanctions were imposed, raising significant concerns regarding its operations. According to the blockchain analysis firm Elliptic, Garantex has been involved in various forms of unlawful activity, including facilitating ransomware attacks, drug trafficking, and evading sanctions imposed on Russian elites.  The firm noted that the exchange has enabled Russian oligarchs to transfer their wealth abroad, particularly following the invasion of Ukraine. DOJ Alleges Garantex Co-Founder Operated Under Hacker Alias “Proforg” The US Department of Justice also alleges that Besciokov served as Garantex’s primary technical administrator, responsible for maintaining critical infrastructure and approving transactions.  In conjunction with the indictment, German and Finnish law enforcement agencies seized servers that hosted Garantex’s operations, and US authorities have frozen over $26 million linked to the exchange’s money laundering activities. In a notable twist, Besciokov is said to have operated under the hacker handle “proforg,” a nickname associated with a long-running Russian-language forum known for its explicit content.  The charges against him include conspiracy to violate the International Economic Emergency Powers Act, which carries a maximum sentence of 20 years in prison, and conspiracy to operate an unlicensed money transmitting business, which could lead to an additional five years of imprisonment. Related Reading: Bitcoin Price Risks Further Crash As S&P Monthly LMACD Turns Bearish, Why Bulls Have Only 20 Days Besciokov is scheduled to appear in a Delhi court on March 14, where he will face these serious charges. If found guilty of any offenses alleged, he will forfeit to the United States any property—whether real or personal—that was involved in the commission of the offense or any property traceable to such assets.  Furthermore, if convicted of the offense detailed in Count II of the indictment, Besciokov will also forfeit any property that constitutes or is derived from proceeds traceable to the offense. Featured image from DALL-E, chart from TradingView.com

#solana #sol #crypto market sentiment #cryptocurrency market news #solusdt #crypto trader #memecoin frenzy #crypto bull run 2025 #crypto market correction #crypto anlayst #solana breakdown #sol/btc

Solana (SOL) has seen a nearly 40% retrace over the past month, losing key support levels since February. As its price retests a key horizontal level, some analysts warn of a potential 50% correction to a yearly low. Related Reading: Solana Falls Under Realized Price: Here’s What Happened Last Time Solana Loses Key Support Level Solana has been one of the leading cryptocurrencies of the cycle, fueled by the market’s memecoin frenzy. The altcoin climbed over 270% in a year to its latest all-time high (ATH) of $270, registered nearly two months ago. Nonetheless, SOL’s bullish sentiment has significantly decreased since January, recently plummeting to its lowest point in over a year. As a result, the cryptocurrency has dropped over 50% from its January 19 ATH. Solana lost the key $200-$220 support zone at the start of last month, with the February market crashes sending SOL to retest its next crucial levels. After losing the $180 mark two weeks ago, its price hovered between the $130-$150 range, surging to the $179 mark at the start of March. This week’s market correction, which saw Bitcoin (BTC) drop to $76,000 for the first time in four months, has sent Solana to new monthly lows. On Tuesday, SOL’s price briefly dropped to $111, a level not seen since the August 2024 market crash, before bouncing back to $125. Amid the ongoing retest, pseudonym trader Crypto Busy warned that SOL must “hold this crucial support to maintain a bullish sentiment above $100.” Crypto analyst Ali Martinez previously noted that the most crucial zone for Solana appears to be between $110 and $125, as this horizontal level served as a key support during its 2021 and 2024 rallies. The analyst suggested that “holding above this range could be key for the next move.” SOL Price Risks Move To $60 Martinez also pointed out that Solana could be on the verge of a breakdown, as it has broken below its key level. According to the post, SOL risks a 50% crash to the $60 mark if it fails to hold the $125 support zone. The analyst highlighted that the cryptocurrency has been forming a right angle ascending broadening pattern since March 2024, when it first reclaimed the level during this cycle. During this period, every higher high on Solana’s chart has created a rising trendline at the top of the pattern, while the $125 support has held “as a strong horizontal support trendline.” Related Reading: Ethereum Risks Another 15% Correction After Fall Below $2,000 – What’s Next For ETH? However, SOL’s break below this horizontal zone has increased the odds of a 50% price correction to the Q4 2023 levels. Additionally, Martinez recently warned of a potential correction based on Solana’s trading pair against Bitcoin, which started to resemble ETH/BTC’s chart. The analyst suggested that the SOL/BTC chart was looking like Ethereum’s trading pair against BTC’s past price action, adding that if it continued to follow this pattern, the SOL/BTC chart could see a drop to the 0.0008 region. After the recent price action, the trading pair hit a 15-month low of 0.0014624 on Tuesday. As of this writing, Solana trades at $124, a 14% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

#cryptocurrency market news

The analyst who predicted the end of the 2021 crypto cycle has come out with another bold prediction. Don’t worry, though, as it’s a bullish prediction this time around. Capo, who has around 950K followers on X, said that the current dip in Bitcoin prices might be a bear trap. Although Bitcoin plummeted to $76K, which is lower than what was expected, Capo believes that the bottom is not far away. He expects a strong bounce from current $BTC levels. The most interesting piece of prediction by Capo is that the upcoming crypto rally will be led by altcoins. He put his wizard-like technical analysis skills to work and said that most altcoins have hit major support after a strong correction. However, he also ushered a word of caution that Bitcoin needs to come back to and hold the $84K levels for a bullish continuation. Currently, $BTC is trading at around $83,236. To further prove his analysis, Capo pointed to the TOTAL2 chart. It’s an index that tracks the market cap of all crypto assets barring Bitcoin and stablecoins. It has held the key support levels of $971B, suggesting a good bullish setup. Rumble Buys More Bitcoin While retailers are panic selling Bitcoin, smart and long-term investors are using this as an opportunity to add the ‘digital gold’ to their portfolio. Rumble, the popular video-sharing platform, added around 188 Bitcoins at an average price of $91K per coin. That’s $17M in total. This is part of the company’s strategy against increasing inflation and currency dilution. We are proud to officially hold Bitcoin as we continue to grow and engrain crypto into our company’s DNA – Chris Pavlovski, Rumble CEO In other news, Michael Saylor’s MSTR plans to buy more $BTC, too. It currently holds over 500K tokens worth $42B. It’s worth noting that institutions like these are not bothered by short-term price fluctuations. They’re backing crypto for the long term. As mentioned above, the best altcoins are expected to outshine Bitcoin in the coming crypto rally. Bitcoin is still a fantastic store of wealth, no doubt, but if you want a chance at generating breathtaking returns, here are the most promising altcoins to buy. 1. BTC Bull Token ($BTCBULL) – The Most Promising Altcoin to Buy Right Now With altcoins set to overtake Bitcoin in crypto’s next leg up higher, a project like BTC Bull Token ($BTCBULL) that’s fundamentally a meme coin but is designed to follow the coattails of $BTC might just be your best bet. The developers will hand out free $BTC every time the crypto surges past a new milestone figure. The next one is $150K, for instance, followed by $200K, $250K, and so on. Given that BTC Bull Token is the only crypto offering real $BTC as a reward to token holders, it’s undoubtedly one of the best cryptos to buy before the market explodes. Furthermore, thanks to regular token burns and marketing events, as well as $BTCBULL’s low buying price, the token is highly likely to see a massive price jump. Where $BTC might give you a 100x return in the next 4-5 years, BTC Bull Token could do that in just a few hours after listing. One thing to note is that to get free $BTC, you must buy and hold $BTCBULL in the Best Wallet app. The good news is that you can buy a token for just $0.00241 as it’s currently in presale. Here’s how to buy BTC Bull Token. 2. Solaxy ($SOLX) – Solana Altcoin with Real-Life Application Solana has emerged as the go-to blockchain for meme coins thanks to its fast transaction speeds and low fees. However, it has recently lost much of its charm because of the overwhelming response from altcoin investors. The launch of $TRUMP and Pump.fun, in particular, brought in a wave of new investors to Solana, and it has been struggling to cater to all of them. In comes Solaxy ($SOLX), the first-ever Layer 2 solution on Solana. It’s a revolutionary token that will relieve Solana’s pain points – network congestion, failed transactions, and limited scalability. Solaxy will do so by processing transactions off-chain, i.e., on a sidechain rather than on Solana’s mainnet. Additionally, it will carry out transactions in batches, which will increase Solana’s affordability. An altcoin with real utility, Solaxy, is predicted to reach $0.2 by 2030. That’s a nearly 120x gain if you buy it now for only $0.001662. The price is so low because the token is in presale. It has already raised over $26M, showcasing just how much investors like it. For anyone interested, here’s how to buy Solaxy. 3. Cardano ($ADA) – One of the Five Altcoins in the US Crypto Reserve Cardano saw an immediate 60% jump in its price as soon as Trump announced its inclusion in the National Crypto Reserve. It’s now the ninth biggest crypto in the world in terms of market capitalization ($25.3B+). The blockchain network is also relentlessly working on enhancing its utility. For instance, it has joined hands with Check Point to leverage cutting-edge AI technology and set new benchmarks in smart contract security. Additionally, Cardano is also aiming to improve its compatibility with Ethereum. This will help it gain a stronger footing in gaming and DeFi. Currently trading at $0.7185, our in-depth Cardano price prediction for 2025 says that the token could reach up to $3.10 in the next few months. Final Verdict Although the above-mentioned altcoins carry the potential to grow exponentially, it’s worth remembering that the market guarantees nothing. So, you should only jump in with an amount you’re happy sidelining. An amount that doesn’t hurt your sleep, in other words. Also, please do your own research before investing. We merely offer our honest analysis and opinions, but none of it is financial advice.

#ondo #cryptocurrency market news #ondo finance #ondousdt #ondo finance news #ondo price #ondo price analysis #ondo finance analysis

Ondo Finance (ONDO) has been experiencing heavy selling pressure and heightened volatility, as the broader crypto market continues its downward trend. Since the start of March, ONDO has lost over 40% of its value, reflecting the overall risk-off sentiment in the market. With fear dominating price action, analysts are warning of further declines as investors remain hesitant to re-enter long positions. Related Reading: Bitcoin Drops Below 200-Day MA – Next Key Support Lies At $66K According To Mayer Multiple Despite the ongoing downtrend, on-chain data from Glassnode reveals a notable shift in network activity. In the past 24 hours, new ONDO addresses surged by 390%. This spike in new addresses suggests that interest in Ondo Finance is growing, even as price action remains weak. Historically, increased network activity can be a precursor to stronger adoption, potentially setting up the price for a recovery in the long run. With market sentiment still leaning bearish, the coming days will be crucial for ONDO’s short-term price trajectory. Investors are closely watching whether the rising network activity translates into renewed demand or if selling pressure will continue to weigh on price action. ONDO Leads The RWA Market Despite Volatility Over the past year, Ondo Finance has established itself as one of the leading crypto projects, securing its position as the real-world assets (RWA) market leader. The project has gained significant traction by offering tokenized financial products, bridging traditional finance with blockchain technology. Recently, they took a major step forward by unveiling Ondo Chain, a permissioned Layer-1 blockchain designed for institutional finance. This innovation aims to bring regulated institutions into the digital asset space, enhancing efficiency and security while ensuring compliance with financial regulations. Top analyst Ali Martinez shared insights on X, revealing that new ONDO addresses surged 390% in just 24 hours, increasing from 935 to 4,559. This spike in network activity could indicate a shift in investor sentiment, suggesting that ONDO may be primed for strong performance once the market stabilizes. Historically, increasing network adoption has been a bullish signal, often preceding price recoveries. Despite the current market downturn, fundamentals remain strong. The project continues to expand, attracting institutional interest and reinforcing its role as a key player in the growing RWA sector. Related Reading: XRP Flirts With A Daily Range Breakdown – Price Must Hold Above $2 Level With institutional finance embracing blockchain solutions and network activity on the rise, ONDO remains a strong contender for future growth. If market conditions turn favorable, the project could emerge as one of the top performers in the next bull cycle, driven by its continued innovation and expanding ecosystem. Bulls Monitor Key Support ONDO is currently trading at $0.83, having erased all gains from the post-election rally that began in November 2024. After months of steady growth, ONDO has been caught in the broader market downturn, facing selling pressure and uncertainty as investors reassess risk. For bulls to regain control, ONDO must hold above the $0.75 support level to establish a strong foundation for recovery. Consolidation at these levels could help stabilize price action, but with the market still trending downward, this process may take longer than expected. If buyers fail to hold $0.75, ONDO could face further downside risks, extending its correction. Related Reading: Charts Reveal Cardano Holds Key Support Zone – Staying Above Could ‘Set The Next Move’ However, if ONDO holds above the $0.80 level, bulls must aim for a push toward $0.95, a key resistance level that could signal the start of a recovery phase. With new address growth surging, indicating increased network activity, ONDO could be well-positioned for a rebound once market sentiment improves. For now, traders are watching whether ONDO can defend its support levels or if continued weakness will send it lower in the short term. Featured image from Dall-E, chart from TradingView

#cryptocurrency market news

Bitcoin has fallen sharply over the past 30 days, falling from a record high of 109k to a low of 77k this week, a level that was last seen in November last year. This puts losses at almost 30%. Many investors fear a bear market, which is typically measured by a drop of 20% from a recent high in stock indices. However, a 30% decline in crypto doesn’t automatically mean that it has entered a bear market, given the high levels of volatility that are often seen in crypto pricing, and an even deeper selloff could still be on the cards. But these corrections are very normal in Bitcoin’s bull market. Bitcoin has seen multiple 30%+ corrections in previous bull markets before hitting new highs.  Let’s not forget that during the bull run in the 2021 cycle, Bitcoin lost more than 50% of its value in May, only to recover rapidly in the following months and register fresh record highs by November.  Furthermore, Bitcoin declined 20% from its 2024 record high of 73k at the start of 2024. This record level was reached shortly after the Bitcoin ETFs were launched in January, boosting the price to 73K in March, a few months later, and BTC had fallen to 55k by May.  In this article, we’ll explore Bitcoin’s recent decline, macroeconomic factors influencing its price, key on-chain metrics, and what levels traders are watching. We’ll also look at how multi-asset brokers like PrimeXBT provide tools and market access to trade Bitcoin’s volatility, whether prices are rising or falling. Macro factors weigh on BTC & risk assets  The weakness in Bitcoin comes as the stock market has also experienced a steep decline, with the tech-heavy Nasdaq falling over 10% from its record high into correction territory and the S&P 500 down 8.5%.   Investors have sold out of risk assets across the board as trade tensions targeting major US trading partners have rattled the markets, fueling concerns surrounding the US economic outlook. The latest data from the prediction platform Polymarket assigns a 39% probability of a US recession in 2025, up from 23% at the end of February. Furthermore, investment banks have also been upwardly revising the possibility of a US downturn.  Given the close correlation between US stocks and Bitcoin, the cryptocurrency could struggle to thrive while equities still fall.  The macro backdrop would need to stabilise, recession risks recede, and Fed rate cut optimism be revived to lift risk sentiment and risk assets.  On-chain metrics turn cautious  On-chain data metrics are also starting to show signs of caution.  According to CryptoQuant, the Bitcoin Bull-Bear Market Cycle Indicator is at its most bearish level this cycle. This level has preceded a sharp correction in previous cycles and, in some instances, the start of a more prolonged downturn.   Meanwhile, whale accumulation, which has traditionally helped support the BTC price through vast levels of acquisitions, shows signs of slowing. Spot BTC ETFs have also flipped to net sellers, highlighting weakness in institutional demand and adding further pressure to prices.  What price is a Bitcoin bear market?  While stock and stock indices are said to be in a bear market after losses of 20% or more from a recent high, this doesn’t work for Bitcoin, owing to its inherently volatile nature. Instead, the 50 Simple Moving Average on the weekly chart could be a valuable metric to follow.  The price falling below the weekly 50 SMA could provide the trigger to call a bear market. The BTC price moved below this dynamic support in the bear markets of 2022 and 2018.    The weekly 50 SMA sits at 75k. Should the price see a weekly close below this level, bears could take control.  Why trade Bitcoin with PrimeXBT?  Whether Bitcoin is in a deep correction phase or heading into a bear market, the increased market volatility can also be a source of opportunity. When the market experiences big moves, this brings plenty of trading potential.  PrimeXBT, a global regulated multi-asset broker, offers a powerful all-in-one trading ecosystem that enables users to buy, sell, and store cryptocurrencies and trade over 100 popular markets. These markets include crypto futures and CFDs on crypto, forex, indices, and commodities, utilizing both fiat and crypto funds.   PrimeXBT allows users to go long (buy to open) or short (sell to open) in the market, meaning you can seize trading opportunities regardless of whether the market is falling or rising. With leverage of up to 200x for crypto, ultra-low fees, deep liquidity, and tight spreads, PrimeXBT offers some of the best trading conditions in the industry. To help traders navigate Bitcoin’s volatility, PrimeXBT provides advanced tools, including TradingView-powered charting, risk management features like stop loss and take profit, and a seamless trading interface designed for both beginners and professionals. Additionally, traders can benefit from exclusive rewards and bonuses, weekly trading contests, and a referral program with high commission. Start trading with PrimeXBT Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website. Some services or products may not be available in your jurisdiction. 

#cryptocurrency market news

A solo miner hit what many are calling a jackpot, as he mined a Bitcoin block #887,212 with just a 480-gigahash per second (GH/s) Bitaxe machine. He earned a total of 3.15 Bitcoins, which includes 0.025 $BTC in transaction fees. This, as per current prices, amounts to a whopping $257,963. The miner is a part of the solo.ckpool mining pool, developed by Con Kolivas. Kolivas said that this is an exceptionally rare feat. After all, such a small-sized miner would need approximately 3,500 years to find a block. The chances of finding a block per day are less than 1 in a million. To put it in perspective, Antminer S9’s current per day income (with a hashrate of around 13.5 TH/s) is $0.7365. So, it can cough out roughly 0.0000089 BTC per day. This means it’ll take around 307 years to mine 1 $BTC, or 967 years for 3.15 BTC. The solo miner achieved this with just 3.56% of the hashing power of the Antminer S9. Insane, to say the least. Hope for Small Miners Crypto and Bitcoin mining is an industry dominated by large players with huge investments and complex machines. However, the success of this solo miner offers a ray of hope and highlights the possibilities for small miners as well. A lot of micro miners these days are being built open-source to fight the opaqueness of the mining industry. It helps make mining more transparent and accessible to the general public. Cost-effective solutions like Bitaxe can make a larger impact with the help of some innovation and adaptability. That said, mining is still a tedious and expensive affair, which is why there aren’t many home miners in the first place. But what if you could get free $BTC without having to go down the mining route? Enter BTC Bull Token ($BTCBULL). What is BTC Bull Token? BTC Bull Token is one of the best meme coins available on the market right now. It sets itself apart by being the ONLY crypto that rewards token holders with real Bitcoin every time the OG crypto hits a new milestone. So, for example, when $BTC crosses $150K this year (as predicted by analysts), you’ll be airdropped real (and free) $BTC. Simply put, BTC Bull Token gives you the opportunity to own a fraction of the most prized crypto (Bitcoin) without having to dump a huge amount of money into a mining setup. The developers have also reserved 40% of the total $BTCBULL token supply for marketing and PR purposes. This means they’re pretty big on boosting the project’s popularity (even after launch) and helping it garner more traction. What’s more, there will also be periodic token burn events to control the supply of tradable $BTCBULL. A regularly contracting supply will lead to an expansion in demand, which will further boost the inherent price of the token. However, note that you’d have to buy and hold $BTCBULL in the Best Wallet App to be eligible for the airdrops. For those interested, here’s a full guide on how to buy $BTCBULL tokens. Why Should You Invest in $BTCBULL? Bitcoin is rightfully referred to as the digital gold. The US government recently announced the formation of a Bitcoin reserve as well, calling it the ‘digital Fort Knox of digital gold.’ Plus, with Bitcoin showing signs of a reversal (support at the 50 EMA and the 50% Fib level on the weekly chart), this could be the perfect ‘buy the dip’ opportunity. However, at its current market price, 1 $BTC costs $82,200. This means an average retail crypto investor might not be able to pile up enough $BTC to take home sizable gains come the next rally. $BTCBULL, on the other hand, gives you the chance to own $BTC at a very low cost. 1 $BTCBULL is currently selling for just $0.002405, after all. Holding $BTCBULL will benefit you in two ways: Firstly, you get free real $BTC. It’s worth noting that several experts have predicted targets in excess of $1M for $BTC. Secondly, you’ll benefit from the increase in the value of $BTCBULL itself. Is it any wonder that BTC Bull Token is one of the best cryptos to buy now? It’s also worth mentioning that the $BTCBULL presale has been a huge hit. The project has raised $3.5M so far and shows no signs of stopping. However, keep in mind that the next price increase is less than a day away. So, hurry up and grab BTC Bull Token at its lowest ever price. Find out more by checking out $BTCBULL’s whitepaper and their X feed. Last but not least, we’d like to leave you with a piece of advice. Crypto investments can be a risky affair, given the fickle nature of the markets. That’s why it’s important to do your own research before investing. That would give you the necessary confidence to hold onto your bets. Also, this article isn’t a substitute for professional financial advice.

#cryptocurrency market news

Donald Trump has decided not to double tariffs on Canadian aluminum and steel, offering a sigh of relief to the US stock market. The decision to retract tariffs on Canadian metals came after Canada’s announcement that it wouldn’t go ahead with its plan of retaliating against the US. Canada had earlier decided to impose a 25% tax on the electricity it sells to the US. Moreover, a meeting has been scheduled for Thursday with the agenda of reaffirming the trade pact between the US, Canada, and Mexico. This could also be a good sign for the crypto economy, seeing as Trump’s tariff announcements were one of the biggest catalysts in driving down crypto prices. The Crypto Market Is Currently in a Correction – And It’s Healthy Glassnode, an onchain analytics firm, reported that the current selling pressure in $BTC is being driven by ‘top buyers.’ These are investors who bought the cryptocurrency at the $109K high. The ongoing panic selling might suggest otherwise, but the truth is that this is how markets move – fleshed-out periods of downward/sideways movement after a long rally. Correction, in other words. Although we’re seeing short-term investors liquidating $BTC to cover even riskier leveraged bets, long-term bulls (institutions, people like Michael Saylor, and even entire countries like El Salvador) are buying more and not sweating the monthly price action. One look at Bitcoin’s weekly chart and there’s hardly any arguing about crypto’s overall bullish outlook. $BTC is currently showing as many as three prominent bullish signs: Good support at the 50% Fibonacci level Even better support on the 50 EMA (Exponential Moving Average). This is a strong confluence. It’s forming a textbook-perfect hammer candlestick pattern, which is typically associated with market bottoms. Once everyone gets the liquidity they need, $BTC will be used as a hedge, alongside gold, real estate, and other safe commodities. This means now’s a great time to beef up your crypto portfolio with some fundamentally strong tokens that can ride Bitcoin’s upcoming rally. In this article, we’ve highlighted a few of the best cryptos you should consider purchasing. 1. BTC Bull Token ($BTCBULL) – Best Crypto to Buy to Get Behind Bitcoin’s Growth Although Trump’s recent tariff announcements might have been the reason Bitcoin slid further down, a deep correction after such a long rally was always on the cards. You can rest assured that Bitcoin will get a breather sooner rather than later, following which we can see heavy accumulation zones acting as demand zones and shooting $BTC to new highs. Now is therefore the best time to back Bitcoin’s fundamentally strong narrative and invest in a coin like BTC Bull Token ($BTCBULL). After all, it’s the first-ever and the only meme coin that gives free (and real) $BTC to token holders. These giveaways (via airdrops) will take place every time Bitcoin reaches a new milestone, such as $150K, $200K, and $250K. By linking its $BTC airdrops to the underlying crypto’s price, BTC Bull Token has more or less ensured its place among the top trending cryptos. All you have to do to claim your $BTC rewards is hold your $BTCBULL tokens in Best Wallet – one of the best crypto wallets going around. Additionally, there will also be regular token burn events, ensuring $BTCBULL never falls out of favor with the market. The BTC Bull Token presale is currently live and thriving, having already raised over $3.5M. You can buy 1 $BTCBULL for just $0.002405. 2. Best Wallet Token ($BEST) – Native Crypto of the Best Wallet App There’s a reason crypto projects like BTC Bull Token have opted for Best Wallet as their crypto wallet of choice. That’s because it’s extremely secure and easy to use, as well as laced with features that were so far unheard of in the crypto space. Thanks to its comprehensive suite of features, Best Wallet is on its way to capturing over 40% of the non-custodial crypto wallet market by 2026. Luckily for smart crypto investors like you, the app has a native token – Best Wallet Token ($BEST). For instance, it’s the only crypto wallet that allows its users to buy meme coin presales directly from within the app. Combined with the fact that an in-house security team evaluates every single token, you’ll not only benefit from increased convenience but also security – no more worrying about scam tokens or phishing websites. Investing in the $BEST presale won’t just put you in a pole position to benefit from Best Wallet’s growth, but it also comes with a few special perks. These include lower transaction fees and higher staking rewards, as well as the earliest access to high-potential presales. You can become an early investor in Best Wallet by buying $BEST for just $0.0243. The project has so far piled close to $11M, which is proof of the potential it has. 3. XRP ($XRP) – Crypto Focused On Financial Transactions 2025 has brought about a new dawn for XRP. First, the SEC removed its long-drawn lawsuit on the crypto from its website, hinting at the possibility of XRP finally gaining regulatory clarity. Bitwise CEO Matt Hougan said yesterday that once the lawsuit is officially dropped (or settled), XRP could rope in more institutional partnerships and expand its application in cross-border payments. This will then increase investor interest in the token and result in a significant price appreciation. $XRP is currently trading at $2.18, making it one of the best cheap cryptos to buy now. It’s also worth noting that XRP is one of the five cryptocurrencies to be included in the US Crypto Reserve announced by the POTUS Donald Trump himself. The announcement resulted in a whopping 30% increase in XRP’s price, following which it overtook $USDT to become the third-largest cryptocurrency in the world. Conclusion Trump taking his foot off the tariff pedal could just be the first sign of him feeling the heat of a potential recession. Even though it’s positive news, the market has a long way to go before the possibility of a recession is completely behind it. This means that while both the best cryptos and stocks are currently available at massive discounts as we’re comfortably in ‘buy the dip’ territory, you must exercise extreme caution while investing. We urge you to do your own research before investing because the markets are highly volatile. Also, none of the above is a substitute for financial advice.

#bitcoin #crypto #cryptocurrency #crypto bull run #crypto news #cryptocurrency market news

In a period marked by extraordinary polarization, market participants find themselves torn between two opposing camps: one steadfastly predicting that the current dip is merely a setup for an impending altcoin rally, and the other resolute that the broader crypto bull run has already reached its conclusion. In a post on X, Koroush Khaneghah, Founder of Zero Complexity Trading, stated, “Right now is the most divided timeline I’ve ever seen. Bulls believe this is the last dip before an Altseason. Bears think bull run is over.” According to Khaneghah, “It’s becoming more challenging to ‘predict’ cycle stages as crypto matures.” He highlights developments that did not appear in previous cycles, including a shift from a traditional altseason to a memecoin season, Ethereum (ETH) still not breaking its all-time highs, and Bitcoin (BTC) surpassing its ATH and moving beyond $100K+ (an outcome absent in earlier cycles) Two Scenarios For Crypto 1. This Cycle Is Different From Others Khaneghah points to growing institutional involvement—an element noticeably absent in earlier bull markets. He cites data suggesting that BlackRock is currently holding nearly $52 billion worth of BTC (via Arkham). In his view, this significantly boosts the long-term buy pressure for Bitcoin, leading to potentially shallower pullbacks since “institutions will keep buying.” Related Reading: Economic Turmoil: Crypto Market Loses 25% Of Value As Recession Worries Mount Because of heightened institutional interest, Khaneghah expects BTC dominance to continue rising. This dynamic could change how capital rotates into altcoins: “In this cycle, altcoins have seen Capital Dispersion. Meaning, more assets are in the market and liquidity is spread across multiple sectors, stopping any ONE sector from pumping hard.” He contrasts the memecoin market with DeFi. In the previous cycle, the memecoin market was roughly half the size of DeFi. In this cycle, memecoin market capitalization has equaled that of DeFi. If this scenario holds, Khaneghah believes BTC will remain the focal point for major moves while altcoins experience more fragmented, micro bull runs. “This means previous bull run playbooks won’t apply and you simply have to trade rotations,” he notes. 2. The Bull Run Is Not Over Khaneghah observes that BTC has only run 1.6x above the previous cycle highs before pulling back, calling it “not what a normal blow-off top/bubble looks like.” From a historical standpoint, BTC has frequently retraced by 40-50% from its ATH prior to surging higher. In the current cycle, BTC has only retraced about 26% from its peak, suggesting the possibility of more upside if past patterns repeat. A common bull-run trigger, according to many analysts, is ETH surpassing its prior cycle high—something yet to occur, given that ETH has not yet breached $4,000. Khaneghah posits that this lag might indicate a delayed altseason and a much longer overall cycle than expected. Related Reading: White House Summit: Trump Reaffirms Commitment To Making America The Crypto Capital For altcoins to regain momentum, Khaneghah sees the ETH/BTC pair as a critical indicator. A bottom in ETH/BTC, combined with a rotation of capital from memecoins into other utility sectors such as DeFi and RWA (Real World Assets), could reignite altcoin rallies. Khaneghah concludes that traders need not be fixated on either the bull or bear side: “If you’re a trader, you don’t have to marry a bias or commit to scenario 1 or 2. If BTC dominance continues, trade BTC by longing strength and shorting weakness. -If alts start to bottom, shift capital there and buy the strongest coins.” At press time, BTC traded at $81,786. Featured image created with DALL.E, chart from TradingView.com

#cryptocurrency market news

As the market for Cryptocurrencies continues to grow, new innovations are giving Crypto holders more ways to take advantage of their tokens. One of these is the ability to use digital currencies as collateral for trading, unlocking access to global markets and new earning opportunities. PrimeXBT, a regulated global multi-asset broker, is driving these innovations with a massive update to its trading ecosystem. Now, traders can access Crypto Futures, its CFD trading platform, Crypto exchange functionality, and the powerful MetaTrader 5 (MT5) platform, all in one place. Most importantly for Crypto holders, the broker supports both Crypto and fiat as collateral for trading, including on MT5. This means, Crypto holders can experience the benefits and professional-grade tools of the platform, without having to exchange their crypto to fiat. This article will explore how, with PrimeXBT, Crypto holders can now trade global markets on MT5 and the advantages this offers.  Trading Global Markets on MT5 with Crypto Crypto holders have several options when it comes to how they can trade on MT5. PrimeXBT currently supports Tether (USDT) and U.S. dollars (USD) as collateral on the platform. This means, clients that already hold USDT can start trading right away, with no other steps required.  For holders of other tokens, the broker also provides in-built exchange and wallet functionality, with support for 30+ Cryptocurrencies including major coins, like BTC, ETH, USDT, and altcoins, like LINK,  POL, SHIB, and UNI. In a few clicks, clients can exchange their tokens for USDT, enabling them to start trading Forex and CFDs on MT5.  Additionally, for those looking to explore more markets, PrimeXBT also offers Crypto Futures trading, where traders can use USDT, USDC, BTC, and ETH as collateral. Those holding other cryptocurrencies can easily exchange them into a supported asset before trading. It’s important to remember though that, as with any trading activity, there are risks involved, so a well-thought-out strategy is key. Trading with Competitive Conditions PrimeXBT offers highly-competitive trading conditions across its range of 100+ markets. With spreads on CFDs from just 0.1 pips and fees as low as 0% on non-Crypto CFDs. For Crypto CFDs fees can be as low as 0.05%, while Crypto Futures start from 0.01%. The broker’s cost-effective fee structure enables Crypto holders to explore a wide range of investment and trading opportunities, making the most of their capital. Analysing Markets with Professional Tools The MT5 platform is well-known for the professional-grade tools it offers traders. These include 38+ technical indicators and 44+ charting tools, which can be used to analyse and identify market trends, as well as ideal entry and exit points. It also offers trading automation through expert advisors (EAs), which can be added to the platform to execute orders automatically. With PrimeXBT’s MT5 integration, Crypto holders can now access these tools, alongside a range of others the broker offers including TradingView charting. Expanding Horizons for Crypto Holders PrimeXBT’s comprehensive product offering helps Crypto holders explore new asset classes and trading possibilities. The broker continues to introduce innovative features to help empower its clients and support their trading activities across both traditional and digital markets, redefining what it means to offer a “multi-asset” trading experience and lifting industry standards to new heights. The following product update is already available to clients from a number of Asian and Latin American countries and will be rolled out to additional countries soon. Start trading with PrimeXBT Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.  

#ethereum #bitcoin #eth #btc #ethereum price analysis #cryptocurrency market news #ethusdt #crypto analyst #crypto trader #ftx crash #crypto investors #crypto bull run 2025 #crypto market correction #ethereum performance

Ethereum (ETH) has revisited yearly lows after losing the key $2,000 support, registering its worst performance in years. Some analysts forecasted another 15% drop if the trend continues but suggested that ETH could see a bullish end-of-year. Related Reading: Bitcoin’s Future Comes Down To This One Question, Says Bitwise Ethereum Hits 17-Month Low Ethereum experienced a 15% correction on Monday, falling from $2,150 to $1,810. ETH’s performance followed Bitcoin (BTC) and the rest of the market’s pullback, which saw the flagship crypto drop to $76,000 for the first time since the post-election breakout started. As the retrace continued, the second-largest cryptocurrency by market capitalization dropped to its lowest level since November 2023, touching the $1,750 mark before recovering the $1,900 support. Some market watchers pointed out that Ethereum has been in a three-month downtrend, retracing around 53% since its December peak. Trader Crypto Rand noted that the King of Altcoins has 20 days “to turn green,” or “it will be the first time since 2018 that ETH has experienced 4 x months of red in a row.” That year, ETH spent seven consecutive months recording double-digit losses, losing approximately 80% of its value from May until November. CoinGlass data shows that March tends to be a favorable month for the cryptocurrency, with an average 20% return since 2016. In 2024, the cryptocurrency closed the month with 9.33% gains, following a strong 46% performance in February. However, market sentiment has declined after back-to-back negative performances this year, with a 1.98% and 31.95% decline in January and February, respectively. The cryptocurrency registers a 15.12% loss Month-to-Date (MTD) and could see its worst Q1 close since 2018 at current levels. As a result, Ethereum must close this month above the $2,237 mark to prevent its second-worst historical performance. ETH Drop To $1,600 Coming? Some market watchers highlighted that the cryptocurrency’s current performance reached FTX-crash levels, with sentiment leaning towards a deeper correction. Crypto analyst Ted Pillows noted that Ethereum could see another 15% correction now that the $2,000 support has been lost. According to the post, “there’s a good chance ETH will retest the $1.6K-$1.8K level” as the “manipulation phase is ongoing.” The analyst suggested a potential Power of Three (Po3) pattern on ETH’s chart, which divides the price cycle into three distinctive phases: accumulation, manipulation, and distribution. The accumulation phase consists of a consolidation near the recent high after a strong price performance. In the manipulation phase, a token’s price falls below the accumulation phase’s support level and trades within a range below the lost zone. Meanwhile, the distribution phase sees a strong price breakout to build momentum and drive participants to enter the market. Related Reading: XRP Flirts With A Daily Range Breakdown – Price Must Hold Above $2 Level Ted also stated that ETH’s current performance “feels like it’s trading like the 2016-17 cycle.” At the time, Ethereum consolidated for around a year and dropped below the range’s key support level for a few weeks before surging to new highs.  ETH has been “consolidating for a year now and recently broke below a key support level,” suggesting that the latter half of 2025 could be bullish for the cryptocurrency if history repeats. As of this writing, Ethereum trades at $1,947, a 4.47% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

#bitcoin #btc #bitcoin analysis #crypto market #bitcoin market #cryptoquant #btcusdt #cryptocurrency market news

Bitcoin continues to face challenges in regaining upward momentum, with the cryptocurrency still trading below $82,000 as of today. The asset remains 25.1% below its all-time high of $109,000, recorded in January. Over the past 24 hours, BTC has seen an additional 0.7% decline, reflecting ongoing market hesitation and uncertainty among investors. Amid this price performance, CryptoQuant analyst Avocado Onchain has identified a notable trend in Bitcoin’s price channel. Related Reading: Bitcoin’s Future Comes Down To This One Question, Says Bitwise Bitcoin Coinbase Premium and Market Sentiment Despite Bitcoin’s downward trajectory, the Coinbase premium has been forming higher lows, indicating potential underlying demand. However, the CryptoQuant analyst warns that no clear signals of a breakout or reversal have emerged, leaving the market in an uncertain state. Particularly, according to Avocado Onchain, Bitcoin’s price remains within a declining price channel, with repeated pullbacks making it difficult to determine a clear trend. Avocado noted: So far, there is no decisive movement indicating a full-fledged downtrend, but at the same time, there are no clear signs of a bullish reversal either. The market is becoming increasingly uncertain, creating an environment designed to confuse and unsettle investors. The Coinbase premium, which measures the difference between Bitcoin prices on Coinbase and other exchanges, has shown higher lows despite the downward price action. This could suggest that US-based investors are still accumulating BTC, even as the broader market struggles to find direction. The analyst cautions against overleveraging on bullish news or panic selling during downturns, emphasizing that strategic decisions should be made ahead of time rather than in reaction to market fluctuations. While there is no confirmation of a bear market, Avocado believes that exiting positions based on short-term fear could lead to missed opportunities in the long run. The analyst wrote: From my perspective, there isn’t enough data to declare a bear market at this point. Abandoning positions now could end up being an ill-timed exit rather than a calculated decision. Miner Selling Pressure and Market Implications Adding to the market pressure, CryptoQuant analyst IT Tech has noted a spike in BTC miner selling activity. Data shows that as Bitcoin dropped to $77,700, miners increased their BTC transfers to exchanges, a move that historically signals selling pressure at market lows. Related Reading: ‘The Magic Line’: Key Support Level At $74,000 Determines Bitcoin Bull Or Bear Future Miners often sell BTC to cover operational costs, especially during price declines. If miner selling pressure continues, it could limit Bitcoin’s ability to recover in the short term. However, if buyer demand remains strong enough to absorb the excess supply, Bitcoin may stabilize at its current levels before attempting a rebound. Featured image created with DALL-E, Chart from TradingView

#cryptocurrency market news

Christine Lagarde, President of the European Central Bank, said that the ECB is aggressively pursuing the idea of a digital euro and expects to finish the testing phase by October 2025. If it goes through, it will be the EU’s first Central Bank Digital Currency (CBDC). Unlike cryptocurrencies, CBDCs aren’t decentralized or run on blockchain. They’re pegged to a country’s national currency, so the value of 1 digital euro is equal to the value of one physical euro. CBDCs have been a hot topic of debate for a long time now. Proponents believe they’re absolutely essential to move to a cashless economy. They also argue that they’re a lifeline for unbanked populations, especially in regions where traditional banking infrastructure is limited. Detractors feel they centralize financial power, contradicting the decentralized ethos of cryptocurrencies. Also, historical data from countries that have implemented digital currencies aren’t that encouraging. For instance: 98.5% of Nigeria’s eNaira wallets remain unused In Jamaica, only 0.11% of the total currency in circulation is in the form of digital currency Even cashless economies like Norway say that a retail CBDC is unnecessary So, the real question is, why is Europe pushing for a CBDC? The Hidden CBDC Motives Not to stir up conspiracy here, but it’s a well-known fact that CBDCs give the government more control over people’s finances. They’re often viewed as a threat to the very freedom that’s been a central tenet of cryptocurrencies. Even US President Trump has taken a firm stance against CBDCs, calling them a “dangerous threat to freedom,” and citing concerns about potential government overreach and the risk of financial surveillance. In January 2025, he signed an executive order banning CBDCs in the US. Digital Euro May Result in a Crypto Bull Run Despite all this, the EU is pushing forward with its plans. Whatever the motives behind the creation of the digital euro may be, the crypto market is sure to make its feelings known. Enthusiastic investors might go on to buy crypto aggressively to reinforce their support for the original mechanism. Moreover, with the announcement of a US Bitcoin reserve and several pro-crypto regulatory changes in the pipeline, the time seems ripe for the next crypto boom. And this digital euro announcement might just be the spark needed to set off the explosion. If that happens, everyone is going to need a good crypto wallet, which may just be the investment opportunity of the day. Enter Best Wallet Token ($BEST). What Is $BEST? $BEST is the native token of the Best Wallet App – a secure, multi-chain, non-custodial crypto wallet that looks set to claim 40% of the crypto wallet market by 2026. Security-wise, too, you can’t go wrong with Best Wallet, which uses Fireblock’s MPC-CMP wallet technology along with multi-factor authentication and biometrics for airtight privacy and security. By holding $BEST tokens and using the Best Wallet App, you benefit from no gas fees plus loads of airdrop rewards. You earn free $BEST tokens by frequently using Best Wallet, completing daily quests, and engaging with Best Wallet socials. Holding the $BEST token comes with a lot of other insider perks. For instance, it’ll unlock the ‘upcoming tokens’ section on the app. Here, you can find all trending meme coin presales well before they go on sale to the general public. This gives you the opportunity to become an early investor in high-potential cryptos. Moreover, each of these coins is vetted by the Best Wallet team, meaning you can rest assured that they’re not scams or random hoax websites. Aside from no gas fees on the platform, holders can also benefit from a high staking reward, currently at 145% p.a. Why Should You Invest in $BEST? The total crypto wallet market is expected to surge to a massive $32B by 2030. As one of the fastest-growing crypto wallets right now, with a 50% month-on-month user base increase, Best Wallet is positioned to profit from this. If it goes on to capture its projected 40% slice of the market, and you’re along for the ride, your wallet could fill up fast. In addition to benefitting from the app’s growth, $BEST token holders will also enjoy regular market updates and access to real-time charts. This way, they’ll stay abreast with what’s happening in the crypto space. Developers also have plans to introduce the Best Card – a crypto debit card that lets you spend your cryptocurrency anywhere. At the pace at which crypto is breaking into the mainstream, it’s easy to see why $BEST could be the next crypto to explode. The $BEST presale has been performing phenomenally well, having raised nearly $11M so far. Currently available at a price of just $0.0243, the next $BEST price increase will take place in less than two days. So, this might be the last chance to grab $BEST before it becomes a trending crypto. However, since crypto investments are subject to market risks, it’s important to do your own research before jumping in. This article isn’t financial advice, and it’s always best to consult a financial advisor before investing in any cryptocurrencies.

#bitcoin #crypto #btc #digital currency #btcusd #cryptocurrency market news #tom lee

The recent decline in the price of Bitcoin to $80,000 has prompted speculation regarding whether this represents a sign of frailty or an opportunity to invest. Market watchers differ in opinion. While some view the drop as a passing setback, others see it as an opportunity. One analyst predicts that Bitcoin might yet reach $150,000 this year, which would inspire interest on its future. Related Reading: XRP Set For A ‘Life-Changing’ Month? Expert Sees $27 Incoming An Unexpected Drop In The Value Of Bitcoin Bitcoin tumbled to $80,000 over the weekend, marking its lowest point in months. This drop came after weeks of price swings that kept traders on edge. The selling demand was too strong, although many investors projected Bitcoin to stay above $85,000. Different elements helped to explain the fall. Rising US inflation concerns and a stronger dollar pressured risk assets, including cryptocurrencies. Some analysts, meantime, also noted profit-taking by long-term holders trying to lock in their gains after Bitcoin’s recent ascent. Analyst Anticipates $150K Increase Although the economy has experienced a decline, there are still individuals who are optimistic. Tom Lee, a renowned Bitcoin analyst, anticipates that the price will rebound and reach $150,000 by the end of the year. He claims Bitcoin bull runs are marked by abrupt occurrences, and that failure to capitalize on these sudden shifts in market dynamics could result in big losses. Lee points to historical patterns. Past Bitcoin corrections have often led to explosive rallies, with prices doubling or tripling in a short time. He also highlights the growing interest from institutional investors as a reason why Bitcoin could still see a strong upward move. Some traders share this optimism, believing that any dips below $80,000 will be short-lived. Related Reading: Dogecoin’s Fate Hinges On $0.16—Breakout Or Breakdown Ahead? Market Sentiment And The Road Ahead The most recent price action has made people in the market feel a range of emotion. There are investors who are nervous and investors who see the pullback as a good correction. Meanwhile, the Crypto Fear & Greed Index, a tool that measures how investors feel, has moved into the “Extreme Fear” zone. This shows that people aren’t sure what Bitcoin will do next. On-chain data shows that the way people trade has changed. Whales, or people who own a lot of Bitcoin, have been buying more during the drop, which shows that they are optimistic about the long-term outlook. On the other hand, retail traders seem to be more cautious and are looking for signs of stability before getting back in. Featured image from Gemini Imagen, chart from TradingView

#ethereum #bitcoin #crypto #eth #bitcoin price #btc #cryptocurrency #donald trump #trump #bitcoin news #crypto news #cryptocurrency market news #president trump

The crypto market is experiencing a significant downturn this week, driven by growing concerns over a potential trade war and disappointment surrounding the US government’s crypto reserve plans. A recent interview with President Donald Trump, in which he hinted at the possibility of a recession, has further unsettled investors. Crypto Market Plummets: XRP, Solana, And Cardano Follow Bitcoin’s Downtrend Bitcoin, the flagship cryptocurrency, has fallen nearly 4% in the last 24 hours, dropping toward the $79,000 mark—a level not seen since mid-November. Ethereum (ETH), has taken a more significant hit with a 10% drop toward $1,860, price not seen since August.  Other established cryptocurrencies are also feeling the strain; XRP has declined by 4%, Solana (SOL) by 7%, and Cardano (ADA) by 8% as market participants continue to retreat from riskier assets. The backdrop to this volatility includes the continuous aggressive tariff policies imposed by the new President Donald Trump administration towards countries like Canada, China, and Mexico.  Related Reading: Bitcoin Slips Under 200-Day Moving Average – Will The Downtrend Continue? These actions have sparked fears of a trade war, which could exacerbate inflation and increase the cost of imported goods. As a result, investors are gravitating toward safer investments, steering clear of the notoriously volatile cryptocurrency market. In a Fox News interview over the weekend, Trump acknowledged that the aggressive tariff strategy could lead to a recession, describing the country as entering a “period of transition.”  This commentary has raised alarms among investors, particularly as Trump did not rule out the possibility of a recession occurring this year. Jake Ostrovskis, an over-the-counter trader at Wintermute, noted that the former president emphasized the likelihood of “short-term economic pain,” amplifying market anxieties. Diminished Risk Appetite And Fed Rate Outlook Adding to the uncertainty is the recent letdown regarding the White House’s plans for a national crypto reserve. Many in the crypto community had anticipated that Trump’s proposal would involve substantial government purchases of Bitcoin and other cryptocurrencies, potentially stimulating demand and boosting prices.  However, investors were disappointed when it was revealed that the government would refrain from making additional crypto purchases and would only retain cryptocurrencies seized from illegal activities. Haider Rafique, the global chief marketing officer at crypto exchange OKX, expressed disappointment in the lack of immediate buying pressure from the formalization of a Bitcoin reserve.  “While establishing a Bitcoin reserve is a significant milestone, it does not create immediate buying pressure, disappointing those expecting aggressive accumulation,” Rafique stated. Related Reading: Dogecoin To $2 Could Be Next If DOGE Holds This Level: Analyst This downturn in the crypto market also follows a broader trend of declining risk appetite among investors. Since the Federal Reserve announced in December that it would not implement as many interest rate cuts in 2025 as previously anticipated, the crypto market has lost approximately 25% of its total market cap.  The optimistic outlook that many had following Trump’s election in November has quickly turned sour, as macroeconomic factors weigh heavily on the market. Featured image from DALL-E, chart from TradingView.com 

#bitcoin #crypto #dogecoin #doge #meme coin #cryptocurrency market news

Dogecoin is at a critical point, with its price hovering around $0.16. Traders are watching closely, as this support level could be the deciding factor in whether the meme coin takes off or tumbles further. If history is any guide, maintaining this level could spark a rally, while losing it may bring more pain. Related Reading: Bitcoin’s ‘Ugly Start’ – Weekend Sell-Off Pushes Price Near $80K Dogecoin: Key Level To Watch The $0.16 support level is not just a random number—it has been a crucial zone for Dogecoin. If it stays above this mark, there’s a strong chance of a rebound. Past price movements suggest that Dogecoin tends to climb after testing key supports. Some analysts believe that holding this level could lead to a breakout toward the $0.20–$0.30 range in the near term. Crypto analyst Ali Martinez has weighed in, stating that Dogecoin’s price is following an ascending parallel channel. He believes that if the $0.16 support holds, the meme coin could surge toward $2.74 or even as high as $6.24 in a strong bullish scenario. However, a breakdown below this level could invalidate this outlook and send the price lower. #Dogecoin $DOGE is nearing a crucial support level at the lower boundary of this channel. Holding above $0.16 could fuel a strong rebound! pic.twitter.com/foCUdbnTFZ — Ali (@ali_charts) March 9, 2025 Traders Adjust Price Targets The market mood is shifting. Some traders are setting their profit targets between $0.70 and $0.80, looking for another big move. Even with recent setbacks, many people still believe that Dogecoin will reach $1. Even if this seems far-fetched, anyone who recalls Dogecoin’s meteoric climb in 2021 knows that when momentum builds, it may surprise. Short-term traders, meanwhile, are exercising caution and holding off on making significant trades until they receive clear signs. The course of the next few days may determine if Dogecoin continues to trend upward or remains in its present range. History Hints At A Possible Rally Dogecoin’s past performance shows a pattern of major price swings after testing strong support zones. After going up from key marks in 2017 and 2021, the coin made a lot of money. If things keep going the way they are, some experts think Dogecoin could go over $1.75 in its next bull run. Still, it’s never easy to tell how crypto will move. External factors, such as how the market feels, Bitcoin’s price movement, and broader economic trends, will also affect the meme coin’s price route. Related Reading: Could Cardano Be The Next Big Crypto Winner? Analyst Points To $2 Target Current Price Action Currently selling at around $0.174, Dogecoin has dropped about 7% over the previous day. The low dropped to $0.16; the intraday high hit $0.1878. The meme crypto’s market capitalization now is almost $26.23 billion. Technical indicators suggest a possible rebound, but that depends on whether buyers step in at this critical level. Featured image from Gemini Imagen, chart from TradingView

#cryptocurrency market news

The South Korean Democratic Party has called for the formation of a Bitcoin reserve in their country as a response to Trump’s announcement of a US Bitcoin reserve. With nations racing to hoard Bitcoin, the price of $BTC can only rally.  If you want to get in on that action, it could be worth checking out a meme coin designed to ride on Bitcoin’s coattails, BTC Bull Token ($BTCBULL). South Korea Takes Cue from the US Just two days back, Trump signed an executive order to set up a Bitcoin reserve in the US, calling it the ‘digital Fort Knox for digital gold.’ He also laid down the country’s plan to build a stable pile of the best altcoins. As expected, this has started a global crypto race, and South Korea is among the first countries to hop on the bandwagon. South Korea’s quick response is surprising, considering it’s been slow in adopting and regulating cryptocurrencies. For instance, non-residents aren’t allowed to trade on South Korean crypto exchanges, and crypto ETFs are still banned in the country. After playing catch-up for so long, South Korea appears to be on a drive to take its place in the new crypto world order. Kim Jong-Seung, CEO of blockchain firm Crypton, said it’s about time the South Korean government thinks about a Won-pegged stablecoin and develops a model to link these with dollar stablecoins. He warned that South Korea might lose ‘monetary sovereignty’ if USD-pegged stablecoins become a staple in the industry. Japan Relaxes Rules for Crypto Brokerages Japan, on the other hand, has been working aggressively to keep pace with the global crypto race. The country has introduced an amendment bill that lets crypto companies work as intermediaries. This means they no longer require the same kind of licenses as crypto exchanges and crypto wallet operators do. Stablecoin issuers will also be able to use Japanese and US government bonds to back their coins. Earlier, these issues had to maintain cash deposits in bank accounts in a ratio of 1:1 to the total amount of tokens in circulation. However, issuers can now use bonds to back just 50% of this amount, while the rest will be held in cash. Crypto brokerages will also be relieved from the application of anti-money laundering regulations, which will reduce the barrier to entry. There are also talks of reducing the tax on crypto from 55% to 20%. Quite clearly, Trump has sent a lot of nations into a frenzy with talks of the US Bitcoin reserve, which should all ultimately benefit the underlying asset, i.e., Bitcoin. After all, there can hardly be a price mover bigger than the support of the world’s governments themselves. If you, too, want to benefit from the mounting global interest in Bitcoin, read on for more about Bitcoin’s official meme coin, BTC Bull Token ($BTCBULL). What Is BTC Bull Token? BTC Bull Token is a one-of-a-kind meme coin offering real (and free) Bitcoin every time $BTC reaches a new milestone, such as $150K, $200K, $250K, and so on. This gives you a unique opportunity to ride Bitcoin’s upcoming rallies without actually investing a hefty sum of money. That said, you’d need to buy and hold $BTCBULL in Best Wallet to be eligible for the $BTC airdrops. With all the regulatory support Bitcoin has been getting recently, and seeing as it’s quite literally synonymous with crypto, it’s highly likely it’ll keep making higher highs for the next few years. The more Bitcoin soars (analysts say it can go to $150K in just this year), the more airdrops you’ll get. What’s more, the developers have also kept 40% of the total token supply for marketing and PR to boost the token’s popularity and build a strong and dedicated community of $BTCBULL investors. So, there’s a high chance $BTCBULL will remain a trending meme coin for a long period of time. Plus, there’ll be periodic token burn events to manage supply. This will create scarcity, leading to higher demand and, in turn, a higher token value. Why Should You Buy $BTCBULL? Who doesn’t want to own Bitcoin? After all, it’s the most sought-after crypto in the world. It’s digital gold. Several analysts have predicted targets of even $1M for the token. However, not everyone has the kind of money to buy enough $BTC that the upcoming price jump will make them a fortune. After all, 1 $BTC is currently priced at $81,520. With $BTCBULL, you stand to benefit from Bitcoin’s growth in two ways: You get free $BTC via airdrops Since BTC Bull Token’s price will rise alongside Bitcoin’s, you’ll see a huge appreciation in your initial investment into this crypto presale. Thanks to its unmatched appeal to Bitcoin maximalists, the BTC Bull Token presale has been a raging success. Less than a month since its launch, it has already raised over $3.46M. Each token is currently available at a low price of $0.002405. With the next price increase set to take place in just a few hours, this might be your last chance to buy $BTCBULL for so cheap. Check out $BTCBULL’s whitepaper and X feed for more information. That said, investments in the crypto market can be risky and require a proper understanding of risk management practices. This article isn’t financial advice, and we urge you to do your own research before putting your hard-earned money into crypto.

#cryptocurrency market news

A cheaper and faster blockchain network, Litecoin is widely used for payments and remittances, as well as a store of value. Great news for Litecoin investors is that institutional investors have jumped in big time. Considering ‘smart money’ is what really moves the market, Litecoin is poised for a strong upmove. Analyst Ali Martinez took to X to inform crypto enthusiasts that whales bought over $43M worth of $LTC in just two days. Ali also pointed towards Litecoin’s chart, saying that its current trading inside a broad range, and a strong hold above $98 could see the token fly to $135. Additionally, we can also see $LTC taking support at the 200 EMA (exponential moving average), which further confirms its bullish outlook. With top cryptocurrencies like $LTC, $BTC, $ADA, and $ETH spiking investor interest – Trump just announced strategic crypto reserves for Bitcoin and other tokens, for instance – the market looks ripe for a huge rally. To help you make the most of it, we’ve highlighted a few tokens with the potential to 100x your investment. 1. BTC Bull Token ($BTCBULL) – Best Crypto to Ride Bitcoin’s Growth Although a meme coin at its heart, BTC Bull Token‘s interesting fundamentals make it one of the best cryptos to invest in. After all, it’s the ONLY crypto project whose token holders will be rewarded with free $BTC. Every time Bitcoin hits a new price landmark, such as $150K, $200K, $250K, and beyond, BTC Bull Token developers will automatically send real $BTC to $BTCBULL token holders. The only requirement is that these tokens must be stored in Best Wallet. Not only that, but the fact that these Bitcoin airdrops are directly tied to the $BTC’s price makes BTC Bull Token ideal for those looking for a low-cost way to invest in Bitcoin’s historic growth. The project will also follow a deflationary model, wherein the total token supply will be artificially reduced at periodic intervals. Combined with a heavy focus on marketing, i.e., maintaining market hype, BTC Bull Token could easily be the next crypto to explode. You can join the BTC Bull Token presale ($3.4M+ raised) by shelling out just $0.002405 per token. 2. Solaxy ($SOLX) – Top Meme Coin with Real Utility Although a hub for meme coin development and trading, Solana ($SOL) has lately been struggling to keep up with the increasing demand. The network has been overwhelmed, which is why it’s been coughing up frustrating outages and sustainability issues. Solaxy ($SOLX) is set to be Solana’s knight in shining armor. Or the princess who kisses the frog (in this case Solana) to turn it into the prince that it really is. That’s because Solaxy plans to build Solana’s first Layer-2 chain. By processing transactions off-chain, Solaxy will significantly reduce the pressure on Solana’s mainnet. This will better equip it to manage increased demands during traffic surges, such as the one it faced during the launch of $TRUMP in January. The Solaxy presale, with over $25.7M in its kitty, is already among the best crypto presales of the year. However, it’s now gaining noticeable momentum because Solana validators are about to vote on two critical upgrade proposals this month. These upgrades could result in a strong upside momentum for $SOL. This would then also have a positive impact on $SOLX’s price. Currently, 1 $SOLX is available for only $0.001658. Here’s how to buy it. 3. Catslap ($SLAP) – Listed Meme Coin with a Slap-to-Earn Model Catslap ($SLAP) might not have a rock-solid purpose like the above tokens, but it’s proof that it doesn’t have to make sense to make you money. Based on the viral ‘slapping cat’ meme, Catslap ($SLAP) follows a one-of-a-kind slap-to-earn model. The rules are simple: token holders pick their favorite (or rather least favorite) real-life character, like Elon Musk and Donald Trump. And then slap them like there’s no tomorrow. Those who manage to channelize their inner strength and make it to the list of the top 10 slappers stand to make real cash – up to a whopping $10K each. Although $SLAP‘s price has been in the red ever since it rose by over 45% in the first week of January, there are a few reasons to be optimistic about this token’s future. The Catslap team will continue to hold 10% of the total token supply for the next 10 years. This shows their confidence in the project. There are regular token burn and buyback events, both of which are typically associated with a price increase. You can invest in possibly one of the best meme coins for just $0.0005694 per token. 4. Fartcoin ($FARTCOIN) – Solana Crypto Poised to Make a Comeback Fartcoin initially gained traction for its nonchalant nature. The very idea of being able to earn free tokens by submitting fart jokes is so absurd it’s brilliant. Add to that the amusement of hearing a fart sound every single time you make a transaction on the platform. And you get a coin that had a +480,000% historical performance in five months. It wasn’t long ago that $FARTCOIN was sailing high, touching new highs every week. It reached its all-time high of around $2.4 in the third week of January. But it has since then lost almost 90% of its value. It’s currently trading at $0.2369. However, a surge of nearly 16% in a single day might just be the first sign of the resurrection of Solana’s OG meme coin. The token’s recent price jump came on the back of the White House ‘Crypto Summit.’ This clearly shows that the token has the potential to rally come a new crypto bull run. Moreover, with big-time crypto traders like Altcoin Sherpa and Unipcs backing Fartcoin to go to the moon, it could prove to be an excellent high-risk/high-reward situation. Bottom Line Although we’ve had several pieces of positive news about multiple big cryptos, like Bitcoin, Solana, and Litecoin, we’re still a few knots away from an out-and-out bull run. This means you can’t just get in and get out as you would in a trending market. So, invest carefully, including putting in only a reasonable sum of money. Additionally, none of the above is a substitute for financial advice. You must always do thorough firsthand research before investing.

#cryptocurrency market news

Ryan Rasmussen, head of research at Bitwise Asset Management, believes that a strategic Bitcoin reserve could be a fundamental move in the accelerated global adoption of the digital asset. It will increase Bitcoin’s legitimacy and remove fears of government retaliation. Trump, on March 6, signed an order to put into motion the formation of a Bitcoin reserve consisting of assets forfeited in civil and criminal cases. This alone would amount to around 200,000 $BTC currently valued at around $17.9B. Not a single cent of taxpayers money would be expended for this purpose. The U.S. just established a Strategic Bitcoin Reserve calling it a “digital Fort Knox for digital gold.” – Ryan Rasmussen Rasmussen believes that this could lead to a global race of accumulating Bitcoin and similar digital assets. If the US accumulates Bitcoin, other countries cannot really afford to be at ‘zero.’ Simply put, this reserve will pressurize other nations and can lead to a global domino effect. Countries like El Salvador and Abu Dhabi have already been buying $BTC left, right, and center. Here’s a table showing current $BTC holdings of various nations: Countries $BTC Held Value United States 198,109 $19,756M China 190,000 $18,947M United Kingdom 61,245 $6,107M Ukraine 46,351 $4,622M Bhutan 11,791 $1,175M Effects of a Bitcoin Reserve Besides a global race, a government-recognized Bitcoin reserve will leave wealth managers in an inexcusable state. So far, fund houses, financial institutions, and other institutional wealth managers have stayed away from these digital assets due to regulatory challenges. However, now that the US government has emerged as a strong brand ambassador, it will only encourage large institutional investing in contemporary digital assets. The reserve also removes market fears of unstable Bitcoin prices due to government regulations. Rasmussen believes that the US will go on accumulating Bitcoin over the years, which would only increase its adoption on a global level. As countries rush to hold Bitcoin, this is your chance to become a crypto investor. After all, what could be a better catalyst for the crypto markets than government support itself? If you’re looking to make the most of this upcoming bull run, here are the best cryptos to invest in right now. 1. BTC Bull Token ($BTCBULL) – Best Crypto to Buy Now for Massive Gains A slew of positive policy changes means Bitcoin is poised for massive growth in the coming months and years. This is where investing in a unique meme coin like BTC Bull Token ($BTCBULL) could come in extremely handy. As the first-ever crypto to offer free $BTC as rewards to token holders, BTC Bull Token is primed to be one of the next cryptos to explode. It’s worth noting that investors started flocking in to buy $BTCBULL right from day one. Its presale raised a whopping $1M in less than a week from launch. The total presale funding currently sits at $3.4M, and you can get each token for just $0.0024. The project’s positive momentum is expected to continue post launch, too. That’s because the developers have kept around 40% of the total token supply for PR and marketing purposes. This, combined with Bitcoin’s growth, will ensure the price of $BTCBULL keeps rising. 2. Best Wallet Token ($BEST) – Native Crypto of the Best Crypto Wallet The last few months have seen an increasing number of investors step foot in the crypto market. And this influx isn’t going to stop anytime soon thanks to increasing crypto adoption worldwide. This is why privacy-first projects like Best Wallet, which offer a seamless and hassle-free way of storing and managing cryptocurrencies, are extremely noteworthy. As one of the best crypto wallets, Best Wallet provides access to over 60 cryptocurrency chains, negating the need to look anywhere else. It also comes with state-of-the-art security settings, like a self-custody ecosystem, 2FA, and insurance for your crypto. Best Wallet’s roadmap suggests it’s going to capture over 40% of the non-custodial crypto wallet industry by 2026. If you wish to ride its success story, consider investing in Best Wallet Token ($BEST). $BEST is the native token of Best Wallet, which is why holding it comes with a few special perks. These include lower transaction fees, higher staking rewards, and the earliest access to the best crypto presales. The project has been a tremendous success, to say the least, seeing as its presale has amassed nearly $11M. 1 $BEST is currently available for only $0.024275, but hurry up because prices increase in the next few hours. 3. MIND of Pepe ($MIND) – Best AI Agent Crypto Offering Crypto Trading Calls MIND of Pepe ($MIND) is a revolutionary AI crypto project considering it has the potential to forever change the way people invest in cryptocurrencies. An autonomous AI agent, $MIND talks to crypto influencers and communities online, soaks in their opinions and biases towards different tokens and the larger market, and finally uses cutting-edge hive-mind analysis to identify the best cryptos to buy. Additionally, since $MIND is self-evolving, it will eventually reach a point where it’ll be able to create its own tokens. What’s more, it would also be able to sway market sentiments in favor of the cryptos it has picked. All in all, $MIND holders will get a lot of benefits other than an appreciation in the token’s price itself. The MIND of Pepe presale is up and running, with over $7M in funding at the time of writing. You can get each token for just $0.0034816 – here’s how to buy $MIND. 4. OFFICIAL TRUMP ($TRUMP) – High-Potential PolitiFi Meme Coin Currently on Discount Although OFFICIAL TRUMP, Donald Trump’s very own meme coin, has borne the brunt of all the recent tariff announcements, it’s still a crypto worth watching. After all, the pro-crypto president was one of the biggest reasons behind the crypto market’s resurgence. He’s also why we’re seeing different economies, including the US, churn out one crypto-friendly regulation after another. Once Trump’s tariff war subsides and the crypto market settles down, we can expect $TRUMP to regain investor interest and hype and break out of its current downward/sideways movement. Even if $TRUMP manages to climb halfway towards its all-time highs from where it is at currently, that would still be a nearly 400x gain for those who invest in it now. It’s currently trading for a low price of just $11.91. Final Verdict – DYOR Although the above-mentioned cryptos definitely carry serious potential, they’re not without their risks. For instance, they can be highly volatile, meaning you must have the stomach to HODL. Also, you should only invest an amount you’re comfortable losing. It’s also worth noting that your confidence in your holdings is directly proportional to the amount of data you’ve collected before buying them. That’s why we recommend you do your own research (try to be as thorough as possible) before investing. None of the above is financial advice, either.

#cryptocurrency market news

In what’s a truly historic event, the first-ever crypto summit was held on March 7 in the White House. President Donald Trump made some encouraging announcements during the meet that could pave the way for crypto’s next bull run. Firstly, Trump vowed to abolish the long-running ‘Operation Choke Point 2.0,’ which has crippled the growth of crypto start-ups within the country. The erstwhile government used this to weaponize banks and pressure them into closing the accounts of businesses engaged in crypto. This not only hindered the growth of crypto in the States but also drove away new-age businesses to other crypto-friendly countries. Just hours after this announcement, the US Office of the Comptroller of the Currency (OCC) issued a document confirming that financial institutions would not require any ‘supervisory nonobjection’ to deal in crypto. This will reduce the burden on banks and help combat Operation Choke Point 2.0. Launch of a Bitcoin Reserve Another major announcement was the launch of a stable Bitcoin reserve, which will be formed out of Bitcoins already held by the US government. The reserve, being called the ‘digital Fort Knox for digital gold,’ will contain Bitcoins that were forfeited during criminal or civil cases and will not involve any fresh buying. The fact that this reserve doesn’t hint at any new crypto purchases was probably why $BTC prices did not react much to the news and stayed flat. However, a long-term federal confidence in the digital asset is undoubtedly a huge boost to the entire crypto market. From this day on, America will follow the rule that every Bitcoiner knows very well: never sell your Bitcoin – Donald Trump Plans to Create a US Crypto Stockpile Trump also showed intentions of the US government wanting to build a long-term US crypto portfolio consisting of not only Bitcoin but also other digital assets, such as Solana, XRP, Cardano, and Ethereum. A good thing is that none of these reserves would dig into taxpayer money – only seized digital assets would make up the entirety of the fund. It’s also worth noting that Trump has been quite vocal about his support for crypto ever since his campaigning days. During the summit, too, he promised more crypto-friendly legislative support, which would aim to establish a strong regulatory framework for the industry. With increasing legislative support, more crypto businesses are expected to join the US economy. All in all, the upcoming four years could be a golden period for crypto investors. If you’re looking to cash in big, here are some of the best altcoins to invest in right now. 1. BTC Bull Token ($BTCBULL) – Best Altcoin to Buy for Rallying Behind Bitcoin’s Growth Trump’s latest announcement of a strategic Bitcoin reserve, followed by the digital gold’s inclusion in a US Crypto Reserve last week, is another major push for Bitcoin. Combined with the fact that $BTC is taking support at the 200 EMA, the upcoming months could see the OG crypto reach for new highs and turn a lot of portfolios green. What if we tell you there’s a better, more profitable way to invest in Bitcoin’s growth? Enter BTC Bull Token ($BTCBULL). $BTCBULL is a meme coin that will directly benefit from Bitcoin’s historic run to $1M. That’s because it’s the ONLY crypto on the market that plans to give out free $BTC to token holders. These $BTC airdrops will occur every time Bitcoin reaches a new landmark number, such as $150K, $200K, and $250K. All you have to do is buy and HODL $BTCBULL tokens in Best Wallet. Launched in mid-February, the BTC Bull Token presale has made a prolific start. It has already amassed over $3.3M so far, offering each token for just $0.0024. But interested investors should hurry up because prices increase in just a couple of days. 2. Solaxy ($SOLX) – Solana Altcoin Solving Network Scalability Issues Although Solana saw an impressive upmove of nearly 25% right after the announcement of Trump’s US Crypto Reserve, the futuristic crypto is back again in the red for this week. It fell 36% in February, too. What’s the issue with Solana, you ask? Overcrowding. Ever since the successful launch of $TRUMP and Pump.fun, Solana has been battling with scalability issues. Transactions are either taking ages or failing to go through. Seeing as Solaxy ($SOLX) will build the first-ever Layer 2 solution on Solana, it’s no wonder why experts are predicting it to be the next crypto to explode. By executing transactions on a sidechain, Solaxy will reduce the burden on Solana’s mainnet. Additionally, it will process transactions in bulk (rather than one by one), meaning users will also be able to benefit from lower fees. Also, let’s not forget that Solaxy is one of the five cryptos to have been included in Trump’s US Crypto Reserve. The good news keeps coming, as $SOLX has also shown great investor interest during its ongoing presale. With over $25.4M in its presale kitty at the time of writing, Solaxy is easily among the best crypto presales in the last few years. 1 $SOLX is currently available for only $0.001656 – here’s how to buy it. 3. Cardano ($ADA) – One of the Top 5 Cryptos in the World Right Now Cardano’s call-up to the Crypto Reserve saw it rise by over 60% in less than 24 hours. Also, unlike $BTC and $ETH that are struggling to break higher, $ADA now looks poised for massive growth. In fact, our analysis suggests that it could reach as high as $3.10 in 2025. Check out our full Cardano 2025 price prediction for more details. Cardano is a decentralized proof-of-stake (PoS) blockchain that’s not only more energy efficient but also more scalable than Bitcoin thanks to its use of a peer-reviewed tactic for developing the network. Currently trading at around $0.80, $ADA is undoubtedly one of the best cheap cryptos you can consider buying. Debut White House Crypto Summit: Small but Significant Moves Although the historic crypto summit didn’t announce anything out of the ordinary, which is also why the markets didn’t react much to it, the confirmed abolishment of regulatory struggles and the US government wanting to become a crypto superpower could very well be the foundations of an upcoming rally. With that said, the current market situation demands extra caution. Buying the dip is a notoriously difficult task, after all. We suggest only investing an amount that won’t give you sleepless nights, as well as doing your own research and due diligence. Also, kindly be informed that the above article isn’t financial advice.

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Binance co-founder Changpeng Zhao has suggested that the highly anticipated Altseason isn’t here yet as most altcoins continue bleeding, while some market watchers consider the worst might be over soon. Related Reading: ‘All Options On The Table’: Bitcoin Must Hold This Level Ahead Of Trump’s Crypto Summit CZ Says There’s No Altseason Yet On Friday, Changpeng Zhao, also known as CZ, responded to an X user asking when the Altseason will happen. The Binance founder pointed out the price tracking and market data website CoinMarketCap (CMC), which recently added an “Altcoin Season Index.” CZ highlighted that “of the top 100 altcoins,” very few have outperformed Bitcoin (BTC) in the past three months, suggesting that the Altseason won’t happen yet. As the website states, the CMC Altcoin Season Index page “provides real-time insights into whether the cryptocurrency market is currently in Altcoin Season,” based on the performance of the top 100 altcoins against the flagship crypto over the past 90 days. Under this metric, an Altseason is in if 75% of the top 100 altcoins outperform BTC during the established period. To CZ, “This is a tough ranking system,” as he considers that 50 would be a good score for Altcoins. The CMC index page shows a score of 14/100, with only 14 altcoins outperforming BTC since early December. Some of the tokens in this list include Monero (XRM), Hyperliquid (HYPE), Pi (PI), Mantra (OM), Berachain (BERA), and the official Trump memecoin (TRUMP). Leading cryptocurrencies of 2024, like SUI and Solana (SOL), show 37% to 41% price decreases in the past 90 days. Meanwhile, memecoin sensations like dogwifhat (WIF), PEPE, FLOKI, and BONK have bled between 70% and 80% during this period. Analyst Michaël van de Poppe also noted that altcoins have had an overall negative performance on higher timeframes despite some recent price rallies. “Massive green day on some Altcoins, they are up 2%! Then, you zoom out, and you zoom out, and you zoom out,” he asserted. Altcoins Bottom Could Be Near Altcoin Sherpa stated that altcoins were in “about the same or worse” positions during the Summer 2024 retrace, pointing out that “things were also pretty bleak overall and then we saw some strong bounces in August.” However, he noted that, unlike last year, the market doesn’t have a “Trump Pump coming.” Recently, some of the top cryptocurrencies saw a significant price increase after US President Donald Trump announced a strategic reserve that would include SOL, XRP, Cardano (ADA), Ethereum (ETH), and BTC. Nonetheless, after the March 6 executive order establishing a Strategic Bitcoin Reserve and a “Digital Asset Stockpile,” the White House AI and Crypto Czar, David Sacks, clarified that the previously named altcoins were used as references for the most valuable tokens in the market. Sherpa considers that the market’s bottom is close, but “we still also probably have the chop period to get through” before any substantial recovery. On the contrary, some industry figures have also commented on altcoins’ overall performance this cycle, suggesting that the Altseason already started but will be different from previous cycles. Related Reading: Stellar (XLM) Price Setting Up For Rally To $1.60 – Here Are The Levels To Watch Recently, CryptoQuant’s founder and CEO, Ki Young Ju, stated that the Altseason had begun. He affirmed there will not be a direct Bitcoin-to-altcoins rotation this cycle, as BTC dominance isn’t the key metric that defines it. To the CEO, trading volume is the metric that defines it this time. Ju also pointed out that this will be a very selective and challenging altseason, with only a few altcoins with strong narratives expected to thrive. Featured Image from Unsplash.com, Chart from TradingView.com

#crypto #cryptocurrency market news

The first-ever White House Crypto Summit takes place today, Friday, March 7. A bevy of industry powerplayers are participating, and while the agenda has yet to be announced, the conversation will undoubtedly include the national crypto reserve, the Digital Asset Stockpile, and other pro-crypto policies. Trump has come a long way in his crypto journey, from crypto skeptic to now pledging to make the US the ‘crypto capital of the world’. The executive order and summit meeting are good first steps in this direction. As sentiment around crypto rises in the US, could new crypto projects like Best Wallet Token ($BEST) cash in? Crypto is the Strategic Order of the Day The executive order establishing the Strategic Bitcoin Reserve and US Digital Asset Stockpile was officially issued on March 6 and sets clear expectations for all US government departments about pooling government-owned Bitcoin. Departments have 30 days to audit and transfer any existing Bitcoin into the reserve. In 60 days, the Secretary of the Treasury will deliver considerations for establishing and managing the reserve and Digital Asset Stockpile. A significant aspect of the order ensures that Bitcoin is held in reserve, demonstrating the value of it as a long-term investment. The order reaffirms sentiment to see crypto and digital assets the same way as traditional assets and harness their power rather than limit it. Delivering on his pledge to ‘Make America the Crypto Capital of the World’, Trump has appointed David Sacks as Crypto Czar, who has already announced on X that no taxpayer dollars will be involved in the reserve. The reserve (estimated to be worth $17B in $BTC) has been seized from criminal activities. Although the reserve refers explicitly to Bitcoin, Trump has shared on Truth Social (a Trump owned social media platform) he would look to include other prominent crypto such as Solana ($SOL) and Ethereum ($ETH). These moves position the US as effectively navigating the new economic waters — many countries haven’t adopted crypto as part of their reserves yet. Arguably, Trump’s actions display the inklings of a well-considered long-term strategy – one that balances the mandate to maintain dollar dominance with the impetus to embrace crypto. Top Crypto Players Take Their Seat at the Table Some of the biggest names from the crypto world are expected to attend today’s summit and discuss ways to open doors for the industry. Expected guests include: Matt Huang: Co-founder of Paradigm Sergey Nazarov: Co-founder of Chainlink Caroline Pham: Acting chairman of the US Commodity Futures Trading Commission JP Richardson: CEO of Exodus David Sacks: AI and Crypto Czar Michael Saylor: Founder of MicroStrategy Arjun Sethi: CEO of Kraken Vlad Tenev: CEO of Robinhood Mark Uyeda: Acting chairman of the US Securities and Exchange Commission Zach Witkoff: Co-founder of Trump-linked World Liberty Financial It’s fair to assume the mood in the summit will be bullish, and with that comes a potential boost for the crypto market. Could Ethereum-based wallet tokens, like Best Wallet Token, capitalize on the increased attention? Best Wallet Token to Benefit From Crypto Summit So many key players from the world of crypto in one room means anything is possible, but it can’t fail to energize crypto markets. Altcoins like Best Wallet Token ($BEST) could ride the wave of exposure and investment. In its presale, $BEST has raised $10.8M since launching in November 2024, and the current token cost is sitting at $0.02425, a 7.78% increase from the initial presale launch price. Dynamic staking rewards of 146% APY are still available to those who stake during the presale. $BEST opens doors, just like today’s Summit should do for participants and the industry as a whole. Holders gain access to exclusive member perks within the Best Wallet ecosystem. These include early access to exciting new crypto projects and reduced transaction fees, higher staking gains, the upcoming Best Wallet debit card, and a Portfolio Management feature. We’ll have to see what today’s crypto summit brings, but the exposure could cause Bitcoin and many of the best altcoins to shift upwards. Check out our guide on how to buy $BEST, and get in now. Crypto is a volatile market; you can experience significant returns, but equally, you may lose your investment entirely. It’s important you do your own research before making any purchases.