THE LATEST CRYPTO NEWS

User Models

Active Filters
# cryptocurrency market news
#ethereum #eth #cryptocurrency market news #ethusdt #crypto analyst #crypto trader #crypto investor #ethereum parallel channel #crypto market correction

On Tuesday, Ethereum (ETH) retested the $2,000 support zone, falling below this level for the first time in over a year. Some analysts suggested the second-largest crypto risks a 40% correction as its price attempts to hold its support level “between heaven and hell.” Related Reading: Cardano 125% Pump Coming? Analyst Says ADA ‘Could Be Poised’ For Rally To $2.20 Monday Dump Sends Ethereum To 15-Month Low Ethereum has fallen to a yearly low of $1,993, according to Binance market data. The cryptocurrency has dropped below $2,000 for the first time in 15 months, hitting its lowest price since late November 2023. Amid the February market retraces, ETH failed to hold the $3,000 level, hovering between the $2,500 and $2,8’00 price range for most of the month, despite the February 3 market crash to $2,100. However, the end-of-month correction saw Ethereum bleed 17% to a new low of $2,076. Per Coinglass Data, the King of Altcoins closed last month with a 31.95% decline, registering its first February Close with red numbers since 2018. ETH recovered 17% on Sunday, attempting to reclaim the $2,500 resistance level after US President Donald Trump announced the establishment of a “Crypto Strategic Reserve,” which will have Bitcoin and Ethereum “at the heart” of it. On Monday, ETH fell below the $2,000 mark during the market’s dump and risks dropping another 40%. Ali Martinez highlighted that Ethereum could fall as low as $1,250 if it doesn’t reclaim some key levels. The analyst noted that Ethereum has been consolidating in a parallel channel since 2024, bouncing from the channel’s upper boundary to the middle or lower boundary before bouncing back to the upper zone. Nonetheless, ETH broke below the channel’s lower boundary after dipping below $2,200 last week. If the cryptocurrency doesn’t reclaim the channel’s lower boundary, its price could retrace to the $1,600 or even $1,250 support zones. Martinez noted that Ethereum’s most critical resistance barrier is at the $2,400 mark, where over 2.41 million investors bought 62,68 million ETH. To the analyst, a breakout above this level could “clear the path for a rally toward $3,000.” ETH Following Bear Market Years’ Playbook? As Ethereum retested the barrier “between heaven and hell,” some market watchers pointed out that ETH’s recent performance resembles its 2018 and 2022 price action. According to the pseudonym trader 5.0 Inverted, the king of altcoins is “following 2018 and 2022 bear market price action.” The chart shows that ETH steadily declined throughout those years, retracing 82,71% and 68.29% in 2018 and 2022, respectively. Related Reading: Polkadot Price Crisis: Further Losses Incoming After DOT Falls Under $4.8 The cryptocurrency saw small price rallies in the first six months of both years but continued the downtrend. ETH has declined 36.4% year-to-date (YTD), showing a similar performance to the mentioned years. Another trader suggested that Ethereum dropped 60% from $4,200 to $1,800 last cycle before pumping 170% to its $4,800 all-time high (ATH) in the coming months. Based on 2021’s playbook, the cryptocurrency might continue its negative performance before recovering at the end of the year. At the time of writing, ETH has recovered nearly 7% from its drop below $2,000 and trades at $2,135. Featured Image from Unsplash.com, Chart from TradingView.com

#ethereum #bitcoin #defi #crypto #eth #solana #cardano #xrp #sol #cryptocurrency #crypto news #cryptocurrency market news #xrpusd #xrpusdt

The cryptocurrency market experienced a significant rally over the weekend, sparked by President Donald Trump’s announcement regarding the inclusion of three additional digital assets—Solana (SOL), XRP, and Cardano (ADA)—in a future national “Crypto Strategic Reserve.”  This news provided a much-needed respite for the market, which had been grappling with a downturn due to a series of challenges, including a memecoin debacle, a major hack, and ongoing tariff uncertainties. Short-Lived Crypto Rally Initially, president Donald Trump’s announcement led to impressive gains across the board. XRP surged by 32% in the hours following the news, while Solana saw a 27% increase, and Cardano jumped as well.  However, as the excitement settled, these gains began to fade. In the past 24 hours, XRP has lost 18% of its value, Solana is down 20%, Ethereum (ETH) 25%, and Cardano dropped 25%. Bitcoin, which had briefly rallied by 11%, also experienced a decline of 10% in the same period. Related Reading: Dogecoin To Join Trump’s Crypto Reserve? Elon Musk Reacts The backdrop of this rally was Trump’s announcement of a 25% tariff on goods imported from Canada and Mexico, a move that has raised concerns among both stock and crypto investors. The president indicated that the time for negotiation had passed, leading to immediate reactions in financial markets. Coinbase CEO Advocates For Bitcoin-Only Reserve  Despite the boost in interest from Trump’s declaration, details surrounding the establishment of the Crypto Strategic Reserve remain vague. While the president named the currencies to be included, he did not specify when the reserve would be operational or how the government intends to finance these assets.  This ambiguity leaves investors and industry leaders alike awaiting further clarification, particularly as Trump prepares to host the first cryptocurrency summit at the White House this Friday.  The event will reportedly feature prominent figures from the digital asset space, including founders, CEOs, and investors, and is expected to shed light on the administration’s plans. Related Reading: Dogecoin Breaks Above Falling Wedge Pattern – Analyst Sets $0.43 Target Zach Pandl, head of research at Grayscale, noted the growing trend among investors to diversify their crypto holdings. He emphasized that while Bitcoin remains a focal point for many, the digital asset class is diverse, and investors are increasingly looking for a broader range of exposures similar to those in traditional asset classes. However, not all industry leaders are on board with the idea of a multi-asset reserve. Brian Armstrong, CEO of Coinbase, suggested that including just Bitcoin might be the simplest and most effective approach.  Coinbase’s CEO acknowledged the interest in diversification but proposed a market cap-weighted index of crypto assets as a potential alternative to maintain neutrality. So far, XRP has managed to consolidate at $2.30, down more than 32% from its record high of $3.40 reached during the 2018 bull cycle.  Featured image from DALL-E, chart from TradingView.com 

#cryptocurrency market news

A sharp downturn has gripped the crypto market, with an almost 10% drop in the overall market cap within the last 24 hours. Leading cryptocurrencies (Bitcoin, Ethereum, and Solana) have suffered over 10% price losses. Yet amid this volatility, investors and analysts believe the ongoing bull cycle isn’t yet over. AI-powered projects go against the broader market trend, including presale crypto MIND of Pepe ($MIND). Bull Cycle or Bear Market? Anyone aware of the crypto market and active on social media will have seen the recent panic when prices dropped. Some users were reporting all-time lows on their investments. Despite short-term fluctuations, the broader trend remains bullish. According to Fidelity Investments, we are now 28 months into the bull cycle, which typically last for three years. Evidence that we are in a bull run can be seen in $BTC’s market cap, which is still at a higher point (even in the dip) than two years ago. BitMex co-founder Arthur Hayes predicts $BTC could drop to $70K before a potential surge to $250K, as he firmly believes we are in a bull cycle. Notably, this bullish outlook is based on his expectation that Trump’s proposed crypto reserve won’t materialize, though he hopes to be proven wrong. AI Prominence Surges An AI cloud provider, CoreWeave, which changed its business from crypto mining to AI six years ago, has filed to go public with an IPO (Initial Public Offering). Its value is estimated to be above $35B, which is unsurprising considering the increased demand for AI infrastructure in recent years. The benefits of AI are being seen across the world in multiple fields. What was once seen as a narrow niche is now a powerful tool used in daily life. The application of AI to crypto is no different. AI-driven projects like MIND of Pepe are poised for success. By offering unique insights into current trends and presales, MIND of Pepe attracts both seasoned and new investors. Besides, investing in presales is comparatively safe because they remain unaffected by market fluctuations (due to not being listed). Even listed AI tokens such as Story ($IP) have been up over 80% within the last month despite the broader market dip. This clearly demonstrates that AI tokens can defy turbulent market conditions. An Autonomous AI Agent Provides Valuable Market Insights Attracting Investors to the Presale MIND of Pepe makes decisions driven by data and constantly evolves, which means insights become more accurate and valuable over time. A fully autonomous agent, it interacts with X and other platforms to engage, grow, and provide exclusive insights to $MIND presale token holders. $MIND can also launch its own tokens available to its community. A solid 25% of the total token allocation (full spread can be found in the project’s whitepaper) is left in the hands of the AI agent to utilize as needed based on its insights. This sovereignty makes $MIND one of the best meme coins of 2025, and analysts predict it to reach $0.00962 by year-end. We expect additional teasers from the MIND of Pepe team soon. Keep a close eye on its X account, where it regularly posts updates and sneak peeks. AI Insights For Sale Having currently raised just over $7M in the presale with one token priced at $0.0034402, $MIND is appealing to investors seeking early-stage opportunities. It also has staking rewards of 322% APY, meaning that token holders could earn passive yields, which potentially makes it one of the best meme coins on presale in terms of investment return. For information on how to purchase $MIND, check out our handy guide. However, remember that the crypto market is volatile, and no gains are guaranteed. Always DYOR and only invest as much as you can afford to lose.

#cryptocurrency market news

​In the midst of escalating trade tensions and economic uncertainties, investors are exploring alternative avenues to safeguard their assets. One such avenue gaining attention is cryptocurrency presales.  Unlike established cryptocurrencies that are currently experiencing significant volatility, presales offer a unique opportunity to invest in projects before they hit the mainstream market.  This early-stage investment can potentially shield investors from the immediate market fluctuations affecting listed tokens.​  Here are three noteworthy new crypto presales that have been gaining traction: Solaxy ($SOLX) BTC Bull Token ($BTCBULL) Qubetics ($TICS)  The Current Crypto Market Landscape Recent developments have sent shockwaves through global markets, triggering widespread economic uncertainty and volatility. In a bold move, President Donald Trump’s administration has implemented sweeping tariff increases, imposing a 25% tariff on imports from Mexico and Canada while raising duties on Chinese goods to 20%. These aggressive measures are intended to tackle trade imbalances, protect domestic industries, and address national security concerns. However, they have also sparked fears of escalating trade tensions, prompting market instability across multiple sectors. The impact has been particularly severe in the cryptocurrency market. Major digital assets such as Bitcoin (BTC), Solana (SOL), and Cardano (ADA) have witnessed sharp price declines, with Bitcoin plunging below $90K and edging closer to the $80K threshold. Investors are grappling with heightened uncertainty as geopolitical risks and macroeconomic pressures continue to weigh heavily on financial markets. This has left many investors wondering, “Why is crypto down now?” The answer lies in a combination of macroeconomic uncertainty, regulatory pressures, and major liquidations happening across the market. In addition to trade tensions, the crypto market has been rattled by significant events such as the 499K ETH hack on Bybit, leading to sudden liquidations and further price drops.  These incidents have heightened investor anxiety, prompting a search for more stable investment options within the crypto space.​ And presales present a compelling case in the current bearish market.  1. Solaxy ($SOLX) – Revolutionizing Scalability on the Solana Blockchain Solaxy ($SOLX) is emerging as a pioneering Layer 2 solution for the Solana blockchain, aiming to enhance scalability and transaction efficiency.  As congestion grows on Solana due to its increasing adoption, Solaxy seeks to provide a more seamless experience for decentralized applications (dApps) and traders.  The project’s primary goal is to optimize scalability without compromising Solana’s security or decentralization.  It does this with a truly standout feature of Solaxy – its multichain infrastructure, which facilitates seamless asset transfers between Solana and Ethereum.  This integration allows users to tap into Ethereum’s extensive liquidity pools while benefiting from Solana’s high-speed, low-cost transactions, thereby broadening the horizons for decentralized finance (DeFi) applications and meme coin trading. The presale has been met with remarkable enthusiasm, raising over $24.8M. Each SOLX token is priced at $0.00165 during the presale phase.  Plus, the project has also cultivated a substantial community, boasting over 69K followers on X, reflecting strong investor interest and community support. 2. BTC Bull Token ($BTCBULL) – Leveraging Bitcoin’s Growth with Unique Rewards  Bitcoin Bull Token ($BTCBULL) is designed to offer leveraged exposure to Bitcoin’s price movements, providing investors with amplified returns during bullish trends.  Unlike traditional leveraged trading, $BTCBULL provides exposure to Bitcoin’s price movements without requiring complex strategies, making it an appealing option for both experienced and casual investors.  One of $BTCBULL’s standout features is its Bitcoin airdrop system. Holders receive $BTC rewards as Bitcoin’s price reaches key milestones, with major airdrops planned when BTC hits $150K and $200K. A massive community airdrop will also be distributed when Bitcoin reaches $250K, with rewards weighted based on each participant’s presale contribution.  Additionally, $BTCBULL offers a staking program that allows users to earn extra tokens while holding, incentivizing long-term participation. To further drive value, $BTCBULL employs a token burn mechanism.  Every time Bitcoin’s price increases by $25K, a portion of the $BTCBULL supply is permanently removed from circulation, creating scarcity and potential upward price pressure.  This strategic approach aligns $BTCBULL’s value with Bitcoin’s performance, reinforcing its position as a high-potential investment during bullish cycles. The presale has successfully raised over $3M, with each $BTCBULL token available at $0.00239. This innovative approach appeals to investors seeking enhanced returns linked to Bitcoin’s performance.​  3. Qubetics ($TICS) – Bringing Real-World Assets to the Blockchain with Seamless Tokenization Qubetics ($TICS) is a Layer 1 blockchain platform designed to unify various blockchain networks, including Bitcoin, by focusing on scalability, security, and interoperability.  Its primary goal is to revolutionize asset management and trading by enabling real-world asset tokenization.  By allowing businesses, professionals, and individuals to tokenize assets like real estate, commodities, and art, Qubetics increases liquidity and accessibility in traditionally illiquid markets.  To simplify blockchain development, Qubetics offers QubeQode, an integrated development environment (IDE) that allows users to create, test, and deploy smart contracts without requiring extensive programming knowledge.  This no-code approach makes blockchain technology more accessible to a broader audience.  Recently, the presale has gained major traction, raising over $14.5M, with each $TICS token currently priced at $0.0976.  By integrating asset tokenization with blockchain technology, Qubetics is addressing inefficiencies in traditional finance while enhancing transparency and security.  As the mainnet launch approaches – a fully operational version of the Qubetics blockchain where real transactions occur – Qubetics is expected to play a significant role in shaping the future of decentralized asset management. Crypto Presales – A Safe Haven Amid Market Turbulence? While the current crypto market faces challenges due to geopolitical tensions and internal vulnerabilities, presales offer a unique investment opportunity.  With many asking, “Why is crypto crashing?” in the wake of recent market turbulence, presales remain one of the few investment options untouched by daily volatility, making them an increasingly attractive hedge against short-term losses.  By participating in these early-stage projects, investors can potentially mitigate exposure to immediate market volatility and position themselves for future gains as these new crypto projects mature and enter the broader market.  As always, thorough due diligence and research are essential when considering investments in the dynamic and evolving crypto landscape. 

#ethereum #bitcoin #cryptocurrency #crypto news #cryptocurrency market news #why is the crypto market down today #why is crypto down today #crypto prices

In a swift and dramatic reversal, crypto markets have shed hundreds of billions of dollars in the space of just one day, raising questions about the sustainability of recent gains spurred by the surprise announcement of a new US Crypto Reserve. At the peak of the initial rally—shortly after former President Donald Trump’s Sunday statement unveiling the Reserve—total crypto market capitalization soared from approximately $2.7 trillion to $3.1 trillion. But, as of the latest readings, those gains have not just evaporated; the market now stands at around $2.6 trillion, even lower than it was before the announcement. Why Is Crypto Down Today? “The real driver here is the GLOBAL move towards the risk-off trade,” writes The Kobeissi Letter (@KobeissiLetter) via X. According to this analysis, heightened trade war tensions and broad economic policy uncertainty have caused “ALL risky assets” to retrace sharply, including stocks, oil, and crypto. By contrast, traditional safe havens such as gold have continued to post gains, reinforcing the perception that cryptocurrencies are far from being a refuge in turbulent times. Related Reading: Flash Crashes On The Rise: Understanding The Recent $300 Billion Crypto Drop This sudden downturn has been accompanied by staggering figures. “Over the last 24 hours, crypto has erased -$500 BILLION of market cap in a massive reversal,” The Kobeissi Letter notes. Bitcoin, which initially appeared poised for a major rally, has tumbled roughly 3% below its pre-announcement levels, losing nearly $250 billion in market value in just 12 hours. Ethereum (ETH) has seen an even sharper retreat. Prior to the US Crypto Reserve news on Sunday, ETH touched a local low of $2,173 on March 2. Soon after the announcement, it climbed to $2,550 before plunging to $2,002—about 8% lower than its pre-announcement bottom. “This came with a huge swing in sentiment in what appears to have been a colossal retail trap,” The Kobeissi Letter adds, noting that the Crypto Fear & Greed Index surged from around 20 (extreme fear) to nearly 55 (close to greed) before cratering back to the low 20s. Adding to these signals, the final week of February registered a record $2.6 billion in crypto fund outflows—an alarming statistic that surpassed the previous high by $500 million. Observers suggest that, despite the “most bullish announcements ever,” capital is rotating out of cryptocurrencies primarily because of intensifying macroeconomic headwinds. Related Reading: Crypto Market Sees Record Flash Crashes, What’s Going On? Meanwhile, safe haven assets continue to outperform. “Our premium members were buying gold for months,” The Kobeissi Letter indicated, referring to a strategy that saw gold purchases during January’s dip. Since the start of the year, gold has climbed around 10%, with analysts forecasting further upside. “We bought the dip into January and called for $2,850+. On Friday, we called for another higher low at $2850 and gold is nearing $2900+ again now,” the market commentary stated. Where crypto was once considered an emerging hedge against economic uncertainty, current market behavior suggests it is now lumped in with other “risky assets,” driven at least as much by global sentiment shifts and macroeconomic pressures as by sector-specific developments. At press time, Bitcoin traded at $83,594. Featured image from Shutterstock, chart from TradingView.com

#cardano #ada #donald trump #adausdt #cryptocurrency market news #crypto analyst #crypto trader #crypto analysts #crypto investor #cardano price analysis #crypto market retrace #crypto reserve

On Sunday, Cardano (ADA) saw a massive 80% pump following the US President’s announcement of a “Crypto Strategic Reserve” that will include ADA. As the cryptocurrency retests its key support levels, some analysts believe it might be poised for a 125% rally from current levels. Related Reading: Dogecoin Breaks Above Falling Wedge Pattern – Analyst Sets $0.43 Target Cardano Attempts Reclaiming $1 On March 2, US President Donald Trump announced the establishment of a “US Crypto Reserve” comprised of Cardano, XRP, and Solana (SOL), with Bitcoin (BTC) and Ethereum (ETH) at the heart of the strategic reserve. On his social media platform, Truth Social, Trump stated the strategic reserve would “elevate the critical industry after years of corrupt attacks by the Biden Administration.” The announcement sent many cryptocurrencies into an end-of-week pump to reclaim some recently lost support levels. ADA has been in a downtrend since December when it hit its 3-year high of $1.32 but failed to hold the $1 support in mid-January. The February market retraces sent the cryptocurrency’s price below several key support zones, with the token hovering between the $0.60-$0.80 price range. Following Trump’s announcement, Cardano rose 60% in two hours, climbing from $0.64 to the $1 barrier for the first time in over a month. ADA continued its surge in the following hours, recovering over 80% from its Friday low of $0.58. On Sunday, ADA hit a two-month high of $1.17 before retracing over 20% to the key $0.90 support zone. Cardano investor Sebastian noted that the retest of the $0.92 level was “perfectly normal after such an insane move.” The investor suggested it could consolidate within the $0.90-$1.00 range for a few days before resuming its ascending trajectory. Moreover, he asserted that If ADA breaks above its December high, the token could likely see a new all-time high (ATH) soon. ADA’s New High Could Be Near Crypto analyst Ali Martinez stated that Cardano “could be poised for a rally to $2.20.” According to the post, investors should “watch for a 12-hour candlestick close above $1.19” to confirm the bullish breakout and target an 84% jump from the breakout level. Martinez also highlighted that Cardano whales bought over 420 million ADA in the past 24 hours, which could signal strong sentiment from large-scale investors on the cryptocurrency. Meanwhile, Sjuul from AltCryptoGems affirmed that Cardano’s chart displays a “big power of 3 in the making.” This pattern divides the price cycle into three phases: accumulation, manipulation, and distribution. Related Reading: Bitcoin Reclaims Key Levels And Faces Resistance At $97K – Can It Break $100K This Week? The first phase consists of a consolidation near the recent high after a strong price performance. The second phase sees a token’s price falling below the accumulation phase’s support level and trades within a range below the recently lost zone. In the third phase, a strong price breakout occurs, with momentum building and participants entering the market. According to Sjuul, “the chart never lies,” and Cardano entered the distribution phase after Sunday’s pump, suggesting that ADA could retest December highs soon. As of this writing, ADA trades at $0.91, a 9.9% retrace in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

#solana #sol #solana price #sol price #cryptocurrency market news #solana news #sol news #solana price analysis

Solana (SOL) has delivered a dramatic shift in market structure, breaking above a descending parallel channel that had dominated its price action for several weeks. Ali Martinez (@ali_charts), who shared the attached four-hour chart, suggests that this breakout could position the token for a potential climb toward $213. Solana Bulls Regain Momentum The chart, which spans from January into early March, shows a steadily declining pattern where price repeatedly tested and respected both the upper and lower boundaries of the channel before the latest bullish push propelled SOL beyond the channel’s resistance. The descending parallel channel highlighted in Martinez’s analysis is visually evident from a series of lower highs and lower lows, forming a consistent downward slope. Each brief recovery in previous weeks failed to clear the channel’s midline, reinforcing bearish pressure. However, once SOL’s price managed to rise above this midline, bullish momentum began to build, culminating in a decisive move through the upper boundary. This kind of channel breakout often suggests that sellers have been exhausted, allowing buyers to take control of the market. Related Reading: Solana Now Retesting Realized Price: Will Shift To Bear Market Happen? Notably, the breakout comes with two major catalysts for Solana. First, the massive Solana unlock by the FTX estate is done (March 1). Second, yesterday, US President Donald Trump announced the inclusion of Bitcoin, Ethereum, XRP, Cardano and Solana in the United States’ Strategic Crypto Reserve. One of the most critical elements in Martinez’s forecast is the $213 target, which is derived from the channel’s height from the breakout point in combination with 0.382 Fibonacci retracement level. Currently, in the aftermath of a breakout, a retest of the broken resistance is taking place —to turn it into support. The $160-165 zone is the area where buyers might attempt to defend the token’s new uptrend. To the upside, the key Fibonacci retracement levels above Solana’s current price of $170.19 are $174.11 (0.618), $192.62 (0.5), $213.11 (0.382), and $241.50 (0.236), with the full retracement level at $295.60 (0.0) serving as the ultimate bullish target based on the chart’s structure. Related Reading: Is Solana In A Macro Trend Move? Charts Show Potential Shift The overall sentiment among analysts supports Martinez’s bullish outlook. Jelle (@CryptoJelleNL) pointed to the significant Solana unlock event that is now behind us and underscored the fact that the weekly candle closed in the green. According to his observations, SOL has reclaimed crucial support after taking out its lows, with a trendline that continues to hold firmly. “Massive $SOL unlock behind us, and the weekly candle closed in the green. Lows taken out, support retested, trendline holding. Pretty sure the next SOL push sends it into price discovery – hard,” he writes via X. Adding to the positive market narrative, Chris Burniske, a partner at Placeholder VC, remarked via X that BTC, ETH, and SOL all posted favorable weekly closes and that the long-term trend across these leading cryptocurrencies remains to the upside. “BTC ETH and SOL couldn’t have asked for better closes on the weeklies. The long term trend remains: UP,” Burniske says. From a technical perspective, much hinges on Solana’s ability to sustain its breakout. The descending channel had functioned as a clear reference for bearish sentiment, and breaching it suggests a significant change in the market’s psychology. At press time, SOL traded at $164. Featured image created with DALL.E, chart from TradingView.com

#bitcoin #crypto #xrp #altcoins #cryptocurrency market news #xrpusd

XRP has been a popular topic among traders and analysts, with expectations of a large price increase making the rounds. Dark Defender, an analyst, believes the cryptocurrency might reach an eye-watering $77.7 by 2027, but the path there is fraught with key levels to watch. Related Reading: XRP Sky-High Target: Analyst Predicts $385 – Here’s The Case XRP Key Support And Resistance Levels Dark Defender notes important price ranges that can affect XRP’s next movements. His studies indicate that resistance is about $5.85, $8.03, and $18.22 while support is roughly $2.60 and $2.77. Over the next few years, these levels are expected to be rather important in determining the price movement of XRP. Many traders see $5.85 as a major psychological hurdle. Should XRP be able to pass it, momentum might grow to $8.03 and above. These levels are important for market players, though, since failing to keep support at $2.60 could lead to declining pressure. I shared an update on XRP’s short-midterm target of $77.7 on X, setting $5.85 and $18.22 as short-term possibilities. You might recall that historical pattern scenario. As we discussed many times with the third wave, $XRP can extend towards $18; after the fourth wave correction,… pic.twitter.com/49ih6wZXAs — Dark Defender (@DefendDark) March 2, 2025 Market Sentiment And Long-Term Outlook The market’s reception to XRP has been divided. Some analysts remain unconvinced, claiming that XRP’s historical price movement did not support such an aggressive target. Others believe that Ripple’s legal challenges and acceptance in banking institutions could serve as significant growth drivers. Despite the skepticism, Dark Defender remains confident in his prognosis. He believes XRP will reach its first big target of $5.85 between April and August 2024, with a path to $18.22 emerging thereafter. If momentum continues, the final objective of $77.7 may become a reality by 2027. How Does It Compare To Other Forecasts? Defender’s forecast isn’t the only one causing concern. Arthur Azizov, CEO of B2BinPay, forecasts a more conservative range, with XRP reaching between $5 and $7 in the first half of 2025. Meanwhile, XTB analyst Hani Abuagla suggests that XRP might reach anywhere between $5 and $100, depending on external variables such as legislation. These predictions differ, highlighting the market’s unpredictability. While some analysts focus on XRP’s past performance, others take a broader perspective, taking into account regulatory decisions, adoption, and macroeconomic factors. Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? Investors Remain Cautious Despite the positive expectations, many investors are apprehensive. Cryptocurrency markets are notoriously volatile, and making long-term projections is fraught with peril. These levels of support and resistance will be very important for buyers for the time being. Breaking through key areas could confirm the rising trend, but if there are any signs of weakness, prices could drop sharply. Dark Defender said that XRP will be worth $77.7 by 2027. Whether that comes true or not, it is still a coin to keep an eye on. Featured image from DALL-E, chart from TradingView

#cryptocurrency market news

US President Donald Trump announced yesterday that altcoins will be included in the government’s crypto strategic reserve. It’s an interesting move that has been met with mixed reactions. Could we potentially see meme coin indexes being added to the reserve? Bitcoin was initially the only cryptocurrency expected to feature in the US crypto reserve. However, Trump’s recent announcement means Ether, XRP, Solana, and Cardano are also expected to be included. The cryptocurrency market has been buoyed by the news, with Reuters reporting a 10% increase in the hours following Trump’s announcement on his social media platform Truth Social. It’s a welcome sight after a dismal week during which $BTC sunk to below $79K. Let’s see what this means for the industry. Crypto Heavyweights Weigh in on Trump’s Big News Whitehouse AI and crypto czar David Sacks quickly took to X in support of the president. Other crypto heavyweights, however, aren’t as convinced. ‘Nothing new here. Just words,’ was BitMex co-founder Arthur Hayes’ response to Sacks’ post. Hayes also pointed out that congressional backing would be needed to add altcoins to the proposed strategic reserve. Binance founder and former CEO Changpeng Zhao had a more optimistic response, writing on X that ‘it’s a fantastic start of something really good. Be happy. Keep building.’ He went on to say that ‘more “valuable crypto” are likely to be added over time. More countries will follow. Coinbase CEO Brian Armstrong also voiced his thoughts on X, saying it would probably be best not to add altcoins to the reserve. But, he added, ‘if folks wanted more variety, you could do a market cap weighted index of crypto assets to keep it unbiased.’ Will Meme Coin Indexes Ever be Included in the US Crypto Reserve? For now it appears Trump’s focus is on adding OG altcoins – $ETH, $ADA, $SOL, and $XRP to the reserve. But that’s not to say the best meme coins are out for the count. Bear in mind that 2024 was a magnificent year for the meme coin market. According to a report by CEX.io, its collective market capitalization grew by 330%, while meme coins’ share of the altcoin market volume went up by 350%. In other words, investors are sitting up and taking notice. That’s why $DOGE, $SHIB, $PEPE, and co should be taken seriously. And it’s not just the meme coin OGs we’re talking about. Newcomers to the market such as Solaxy ($SOLX), MIND of Pepe ($MIND), and Meme Index ($MEMEX) are potential game changers. $MEMEX in particular has a very attractive proposition – asset diversification. This, by the way, is why Trump wants to add altcoins to the strategic reserve. After all, there are few better ways to manage risk than through diversification. Meme Index is the world’s first decentralized meme coin index. Currently in presale, it gives investors exposure to the meme coin market but with varying volatility levels. $MEMEX does this through four meme coin baskets (indexes) – Titan, Moonshot, Midcap, and Frenzy. The Titan Index includes the meme coin market big boys, among them $DOGE and $FLOKI. Investing in this index may mean slower rewards, but low volatility is a definite plus. The Frenzy Index is on the other end of the spectrum. Hot, trending meme coins with high volatility but potentially explosive gains. This one will appeal to degens with no fear in their eyes who laugh at the risk. Somewhere in the middle are the Moonshot and Midcap indexes – a more gentle balance of lower volatility than the Frenzy Index, and potentially better rewards than the Titan Index. Wrapping Up As the past couple of weeks more than reminded us, the crypto market can be unpredictable, to say the least. That’s why we believe $MEMEX could very well be one of this year’s best altcoins to invest in. And with the presale soon set to end, there’s no better time to climb on board. Since launching in early December, the $MEMEX presale has raised close to $4M. And right now, 1 $MEMEX costs $0.0166883 (with 583% staking rewards). Check out our full guide on how to get your hands on $MEMEX before the presale ends in just four weeks. Be sure to DYOR research too, though. The official Meme Index whitepaper is a good starting point, and visit the $MEMEX Telegram and X channels for regular updates. And who knows… Now that altcoins are set to join Bitcoin in Trump’s strategic reserve, perhaps it won’t be long until $DOGE, $PEPE, $MEMEX, and other top meme coins are added to the growing list.

#cryptocurrency market news

The rumors were true. Donald Trump is indeed serious about making the US a global hub for crypto. He just announced the creation of a National Crypto Reserve that will include XRP, SOL, and ADA, as well as BTC and ETH. As a result, XRP surged over 30%, overtaking USDT to become the third-largest cryptocurrency in the world, with a market capitalization of over $153B. In addition to the price boost, the number of active addresses is also up. This means XRP is seeing an influx of new investors, signifying increased interest and confidence. We unpack the implications and explore some of the best crypto to buy now. Understanding XRP’s Potential Aside from being a crowd favorite, also working in XRP’s favor is its solid foundation. It was created to replace traditional bank systems like SWIFT and offer a way to carry out low-cost international payments at scale. Moreover, it can even work with central bank digital currencies (CBDCs). On the technical side, analysts believe XRP is following roughly the same pattern we saw during its meteoric rise in 2017, when its price rose by over 110,000%. With the important $3 level within its grasp, $XRP’s momentum could continue if it manages to hold above that mark. Last but not least, the SEC is set to decide whether to approve Grayscale’s XRP ETF by October. But with a pro-crypto SEC under the new Trump administration, there’s a high likelihood the decision will be in XRP’s favor. Major cryptocurrencies like Bitcoin, Ethereum, and XRP will drive the next bull run, but here are some of the lesser-known cryptos to buy now to see percentage gains in the triple digits. 1. Solaxy ($SOLX) – Best Crypto to Buy Now Solana ($SOL) is one of the five tokens President Donald Trump wants the Crypto Strategic Reserve to incorporate, along with $BTC, $XRP, and $ADA. No doubt he liked what he saw from the Solana blockchain after he launched $TRUMP on it. While Trump’s vote of confidence represents a huge boost for Solana supporters, the fact remains that this otherwise fast and scalable blockchain network isn’t currently performing at its best. It’s been battling with congestion and slower throughputs for a while now. Enter Solaxy ($SOLX). As the first dedicated Layer 2 scaling protocol for Solana, Solaxy will mitigate the network’s congestion issues by processing transactions off-chain. Additionally, it plans to carry out transactions in batches rather than individually, which will also make Solana cheaper and faster than ever before. With more than $24.7M in its presale kitty, Solaxy is a frontrunner to become the best crypto presale this year. Luckily for you, the presale’s still on, and you can get in for a low price of $0.001652 per token. If this is your first time buying crypto in presale, here’s how to buy $SOLX. 2. BTC Bull Token ($BTCBULL) – Unique Meme Coin to Support Bitcoin’s Rally As it turns out, experts were right when they predicted $BTC could reverse after it bounces off the 200 EMA. Of course, Donald Trump’s recent announcement helped — the OG crypto rose by nearly 10% on Sunday in response. With Bitcoin poised for massive growth, there’s one particular altcoin we believe could be the next crypto to explode. BTC Bull Token ($BTCBULL). This unique crypto project is currently the only one out there offering $BTC as a reward to token holders. Combined with strong tokenomics and a robust plan to maintain market hype, BTC Bull Token holders will not only benefit from free Bitcoins, but also from the price appreciation of $BTCBULL itself. Here’s how the project’s roadmap looks: Every time Bitcoin hits a new milestone number, like $150K, $200K, and $250K, $BTCBULL token holders will receive their share of $BTC. Overall, BTC Bull Token is one of the best crypto to invest in for Bitcoin maximalists. Given that it’s still in presale right now (with $3.1M+ raised), you can still get it at the discounted price of just $0.00239. 3. Cardano ($ADA) – Unique Crypto to Benefit from National Crypto Reserve Announcement Cardano has rocketed over 60% in the last 24 hours thanks to its inclusion in Trump’s US Crypto Reserve announcement. This significant move towards institutional support has boosted $ADA’s market cap to $35.7B, meaning it’s now officially a bigger crypto than $DOGE. Unlike Bitcoin, which uses a Proof-of-Work (PoW) system, Cardano is a decentralized Proof-of-Stake (PoS) blockchain, meaning it eats up less energy. Also, seeing as it uses a peer-reviewed tactic to develop its platform, Cardano is more scalable and, at the same time, every bit as secure as any other top crypto blockchain. $ADA’s call-up to the US Crypto Reserve could well be its eureka moment. It’s currently trading at just under $1, and with momentum on its side, could easily cross its recent resistance level of $1.30. Conclusion Just when we thought the Trump-fueled crypto bull run was at its end, we have the very real prospect of a US Crypto Reserve. As a number of contenders shoot for new all-time highs in response, the presale tokens mentioned in this guide could ride the rising tide to the moon. Still, the fact remains that the crypto market is unpredictable and risky. That’s why it’s best to invest sensibly and only after doing your own research. This article isn’t financial advice.

#bitcoin #brian armstrong #crypto #btc #xrp #altcoins #trump #cryptocurrency market news #bitcoin reserve

Brian Armstrong, CEO of Coinbase, feels that in building its crypto strategic reserve, the United States should concentrate on Bitcoin. Compared to gold, he says it is the best option. Moreover, he thinks it would simplify things and reduce the risks involved with possessing different kinds of cryptocurrency. Related Reading: XRP Sky-High Target: Analyst Predicts $385 – Here’s The Case Bitcoin As The Strongest Choice Armstrong said that the long-term reserve that is most safe is Bitcoin. Unlike other cryptocurrencies, Bitcoin is generally considered as a reliable store of value with strong fundamentals and stability. He pointed out that Bitcoin is the most established digital asset according to governments and big financial institutions. His declaration comes as the US prepares to establish a crypto strategic reserve. The reserve, which might comprise of Bitcoin, Ethereum, Solana, Cardano, and XRP, aims to boost the country’s position in the cryptocurrency market. United States President Donald Trump’s latest declaration regarding the reserve has sparked discussions over which other assets should be included. Excited to learn more. Still forming an opinion on asset allocation, but my current thinking is: 1. Just Bitcoin would probably be the best option – simplest, and clear story as successor to gold 2. If folks wanted more variety, you could do a market cap weighted index of crypto… https://t.co/jv8Gcn8N2S — Brian Armstrong (@brian_armstrong) March 3, 2025 Alternative Approach Based On Market Share While Armstrong supports a Bitcoin-only reserve, he also offers another option. He believes the US might establish a reserve based on market capitalization. This would imply holding different cryptocurrencies in proportion to their market share. For example, if Bitcoin accounts for 50% of the market and Ethereum for 20%, the reserve would reflect this split. This approach would contain a variety of assets while still mainly favoring Bitcoin. It would also adapt over time as market dynamics change. Government Plans Still Unclear The US government has not made a final decision on the reserve’s structure. Officials have not verified whether Bitcoin will be the sole asset or a combination of cryptocurrencies. The debate continues, with differing views on the appropriate strategy. Some people say that a diversified reserve is safer because it spreads risk across more than one commodity. Some people agree with Armstrong and say that Bitcoin by itself would be a safer and more reliable choice. The final decision could affect how the US government deals with cryptocurrency in the coming years. Related Reading: Solana Jumps 9% As Whales Quietly Accumulate Millions—Details Bitcoin’s Growing Role In National Reserves The concept of Bitcoin as a reserve asset is gaining popularity internationally. Some countries, including El Salvador, have already added the top crypto to their national reserves. If the United States takes a similar approach, it may affect how other countries treat digital assets. Armstrong’s stance reflects a broader shift in how governments and organizations regard Bitcoin. Despite the ongoing discussion, Bitcoin’s status as the dominant digital asset remains solid. Featured image from Gemini Imagen, chart from TradingView

#cryptocurrency market news

United States President Donald Trump has made yet another bold move in the crypto field. After earlier announcing plans to establish a strategic Bitcoin reserve, he now intends to include several additional digital assets. Related Reading: XRP Sky-High Target: Analyst Predicts $385 – Here’s The Case In a Truth Social post, Trump stated that the US should stockpile XRP (XRP), Solana (SOL), and Cardano (ADA). He also added Bitcoin (BTC) and Ethereum (ETH) to the list, saying it would be “at the heart of the reserve.” His most recent position has caused market responses and conversations over the potential effects on the nation’s adoption of cryptocurrencies. Trump’s Initial Bitcoin-Only Plan Changes At the Bitcoin 2024 meeting in Nashville, Tennessee, Trump first talked about his idea of a national Bitcoin reserve. He only talked about Bitcoin at the time and called it an asset of strategic value. His words were different from what he had said before, when he was critical of cryptocurrencies. Now, he has added more tokens to his vision, showing how important they are in the digital market. Listed Coins Rally After Trump Announcement Following Trump’s announcement, the cryptocurrency market experienced a price increase in the listed assets: SOL, ADA, and XRP were by up to 62%, while, Bitcoin and Ethereum also jumped by more than 10% apiece, Sunday. President Trump Announces U.S. Crypto Reserve, Adding Bitcoin, Ethereum, Solana, XRP, and Cardano President Donald Trump has announced the creation of a U.S. crypto strategic reserve, directing the President’s Working Group on Digital Assets to include XRP, Solana (SOL), and… — BRICS News (@BRICSinfo) March 2, 2025 No Clear Plan For Implementation? While the idea of a US crypto reserve is gaining attention, details on how it would be structured remain vague. The President’s Working Group on Digital Assets, which Trump directed to explore the plan, has not yet laid out any guidelines. There are no specifics on whether the government would buy these assets directly, regulate them differently, or simply acknowledge them as key financial instruments. The 1st White House Crypto Summit On March 7, Trump will host the inaugural White House Crypto Summit with industry executives and the Digital Asset Working Group to discuss US crypto regulation. The conference will address running a national cryptocurrency reserve, monetary policy, and market manipulation protections. Related Reading: Solana Jumps 9% As Whales Quietly Accumulate Millions—Details What Comes Next For Crypto Under Trump With Trump at the helm, his administration’s stance on crypto could shape the industry’s future in the US. Unlike past administrations, which have often been doubtful or clearly hostile toward digital assets, his most recent comments suggest to a more open posture. This could lead to changes in policy impacting taxes, trade, and rules. Although it’s unknown exactly when real action will follow Trump’s disclosure, right now the market is responding. Should his administration follow these ideas, the government’s attitude toward cryptocurrencies would drastically shift. Featured image from Gemini Imagen, chart from TradingView

#bitcoin #crypto #xrp #altcoins #cryptocurrency market news

Crypto aficionados are taking notice of a prognosis that raises eyebrows. According to market expert Random Crypto Pal, XRP may hit an incredible $385 price mark. Although his audacious prediction has generated debate, many are wondering if this goal is realistic or only wishful thinking. Related Reading: Solana Jumps 9% As Whales Quietly Accumulate Millions—Details A Look At The Analyst’s Bold Claim Random Crypto Pal’s argument hinges on historical patterns. He believes XRP is currently following a similar trajectory to its 2017 price surge. Back then, XRP experienced an unprecedented jump, climbing from $0.003 to $3.31 within a year — a gain of over 110,000%. The analyst suggests that this same pattern is unfolding in 2025, despite the token seeing a 33% drop in February. According to him, XRP’s journey to $385 starts with smaller recoveries. He predicts the token will first climb to $27, a target also proposed by another analyst named Egrag Crypto. From there, Random Crypto Pal sees XRP pulling back before making its ultimate leap to a three-digit price. “What is now stopping $XRP going from $0.385 to $385? Nothing in my opinion! The chart is clear!” Random Crypto Pal said in an X post. Why $385 Is A Little Far-Fetched The numbers might sound thrilling, but hitting $385 comes with some pretty big hurdles. For XRP to get there, its market cap would have to jump past $22 trillion. To give you an idea of how massive that is, the entire crypto market right now isn’t even close to that. #XRP went from $0.003 to $3.31 in 2017. Same pattern is repeating for 2025. People are DUMB if they think this is not the same!! What is now stopping $XRP going from $0.385 to $385?? NOTHING in my opinion! The chart is clear! Do you agree? pic.twitter.com/yzxgk68A3E — Random Crypto Pal (@RandomCryptoPal) February 26, 2025 If it somehow managed to hit this target, XRP wouldn’t just be another crypto success—it would become the largest financial asset on the planet, even bigger than gold. That’s a hard picture for anybody to wrap their head around. Skeptics argue that these figures are highly unlikely. Some point out that market conditions in 2025 are vastly different from those in 2017. Additionally, other analysts have proposed far less ambitious targets for XRP, with one suggesting it might cross $13 under the right conditions. What Happened In 2017? Back in 2017, XRP saw some incredible gains, which is why the analyst is drawing comparisons to that time. The token started at just $0.003 in January 2017 and shot up to $3.31 by January 2018. It wasn’t all smooth sailing, though. Along the way, XRP hit some rough patches, like a steep 62% drop in April 2017. Still, it managed to bounce back again and again, eventually reaching its all-time high. Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? Random Crypto Pal now sees history poised to repeat itself. He uses the recent price declines as evidence XRP is preparing for yet another major rise. Not everyone is persuaded, though, and several authorities have doubts about his interpretation. Some experts in order books said XRP is not behaving as it should based on 2017 trends. For those following XRP, the more realistic targets may be worth keeping in mind. Whether the token climbs to $13, $27, or somewhere in between, it’s clear that XRP’s future is still a hot topic in the crypto community. For now, though, $385 remains a figure that’s hard to imagine. Featured image from Pexels, chart from TradingView

#cryptocurrency market news

A Binance spokesperson has clarified that rumors suggesting that the company was dumping some of its crypto holdings, including Ethereum and Solana, are simply untrue. These rumors started doing the rounds on social media almost immediately after the Bybit hack. Speculations suggested that large crypto firms, including Binance, caused the recent market sell-off by aggressively selling and reducing the size of their holdings. They are misunderstanding what Binance does as an exchange, which is we simply help users match trades – Binance Binance’s clarification could be one of the reasons we’ve seen the market recover over the weekend. There are still reasons to worry about potential liquidation, though, especially given the upcoming influx of Solana tokens from the FTX hack. Over 15M $SOL worth $2.5B are about to flood the market. Still, expert analysis suggests that the coming week could see more buying pressure, as $BTC takes support on the 200 EMA. Combined with the long-term perspective being bullish, it could be worth investing in promising new presales that are showing a lot of investor interest. 1. Solaxy ($SOLX) – Solana Altcoin Capable of Boosting the Network’s Appeal Solana has undoubtedly been one of the most talked-about blockchains in the last year thanks to its memecoin-friendly infrastructure. It’s both fast and cheap, which has led to an increase in the number of meme coins on the network. Notable ones include $TRUMP, $BONK, and $MELANIA. However, Solana’s rise to fame has birthed operational difficulties. The network stands overwhelmed by the sheer amount of transaction requests. This flooding of new investors on Solana has led to congestion and scalability issues, and transactions are failing to go through. This is where Solaxy ($SOLX) comes in. Designed to be the first-ever Layer 2 solution on Solana, Solaxy will process transactions away from the network’s mainnet, reducing the burden on Solana. Additionally, since $SOLX will carry out multiple transactions simultaneously, i.e., bulk processing, it will result in a reduction of the costs investors have to pay to go through with their transactions. All in all, $SOLX isn’t just all fun and games. It’s a token with real utility, which is why it’s being considered the next 100x crypto. You can join Solana’s Solaxy-fueled growth by investing in the $SOLX presale. It has already raised over $24.5M, and each token is currently available for just $0.00165. Here’s how to buy it. 2. BTC Bull Token ($BTCBULL) – Support Bitcoin’s Growth and Become a Crypto Millionaire Yourself Similar to how Solaxy could benefit from Solana’s growth, BTC Bull Token ($BTCBULL) is also designed in a way that it will bask in the success of a top cryptocurrency – Bitcoin. That said, BTC Bull Token has enough tricks up its sleeves that differentiate it from just about every other meme coin on the market. For starters, it’s the only one that will distribute free $BTC among token holders. $BTC airdrops will take place every time Bitcoin reaches a new milestone figure, such as $150K, $200K, and $250K. Even better, the airdrops will be automatic, meaning you won’t have to manually request them, as is the case with other projects. Just make sure you keep your $BTCBULL tokens in Best Wallet. Additionally, the project has reserved a staggering 40% of the total token supply for marketing the token after its launch. This will draw more eyeballs to it, which, combined with its deflationary model, could skyrocket the token’s price. Early investors, including those who get in now, stand to make the most of BTC Bull Token’s success. Join now for just $0.00239 per token. 3. Best Wallet Token ($BEST) – Native Crypto of the Best Crypto Wallet With crypto adoption on the rise, the need for better security while storing and sending/receiving crypto has never been higher. Enter Best Wallet. As one of the best crypto wallets, Best Wallet is not only highly secure but also super easy to use. For instance, by providing seamless access to over 60 chains, Best Wallet makes it possible to manage your entire portfolio from one place. Speaking of its security, Best Wallet gives you complete control over your secret passkey. This means none other than you will be able to access your stored crypto. It also comes with advanced cryptographic techniques and 2FA/MFA, as well as third-party crypto insurance. All in all, Best Wallet is destined for greatness. It has already amassed over 500K users and is well on its way to capturing over 40% of the non-custodial wallet market by 2026. Like how you buy a company’s stock to invest in its growth, you can invest in $BEST to rally behind the wallet’s growth. $BEST is Best Wallet’s native cryptocurrency, after all. Additionally, $BEST token holders will benefit from exclusive perks within the Best Wallet ecosystem. These include higher staking rewards, lower transaction fees, and the earliest access to the best new cryptos. You can get 1 $BEST for just $0.024175 if you get in now. Overall, the $BEST presale has so far raised over $10.6M. 4. Rexas Finance ($RXS) – Unique Crypto Project Set to Increase Crypto’s Popularity Rexas Finance is another crypto presale right in the sweet spot to benefit from increasing crypto popularity. With more and more investors looking at crypto as the next big thing, the demand for real asset tokenization is only going to soar higher. And that’s exactly what $RXS is meant for. From gold and art to commodities and even real estate, Rexas Finance will provide holders with the ability to tokenize tangible assets. This one-of-a-kind crypto project will, therefore, leverage the power of blockchain tech to make investing more transparent, inclusive, and efficient. The $RXS presale has sold over 454M tokens at the time of writing, garnering around $47M. Note that it’s nearing its end, so interested investors should hurry up and grab it while it’s available for a low price of $0.20. Conclusion Having pointed you towards the most promising new cryptos, we’d also like to mention that although the larger crypto market is expected to soar higher sooner or later, the ever-present volatility could mean you see some short-term red in your portfolio. So, make sure you’re mentally prepared to stick with your investments for several months. Additionally, it’d be wise to only invest an amount you’re comfortable losing. Last but not least, the above article isn’t a substitute for financial advice from a certified professional, so please do your own research before becoming a crypto investor.

#ethereum #bitcoin #binance #cryptocurrency market news

Binance has announced the listing of MyShell (SHELL) as the 10th project on the HODLer Airdrops page, rewarding users who participated in BNB Simple Earn and On-Chain Yields subscriptions. MyShell is a decentralized AI consumer layer, designed to connect AI creators, researchers, and users within an open-source ecosystem. Eligible users who held BNB between February 14, 2025, and February 18, 2025, have received SHELL tokens through the HODLer Airdrops program. Additionally, Binance listed SHELL for trading on February 27, 2025, at 13:00 UTC, opening pairs against BTC, USDT, USDC, BNB, FDUSD, and TRY. Why Trade SHELL on Binance? Binance remains the leading exchange for new token listings, offering a highly liquid and secure trading environment. A detailed Binance review covers the platform’s security, fees, and trading options, helping traders understand why Binance is the top choice for digital asset trading. SHELL HODLer Airdrop Details Token Name MyShell (SHELL) Genesis Total Supply 1,000,000,000 SHELL Max Token Supply 1,000,000,000 SHELL HODLer Airdrop Allocation 25,000,000 SHELL (2.5% of total supply) Additional HODLer Airdrop (6 months later) 25,000,000 SHELL Circulating Supply at Listing 270,000,000 SHELL (27% of total supply) Networks Ethereum, BNB Chain Listing Fee 0 How to Trade SHELL with Lower Fees on Binance Trading on Binance can lead to increased fees due to high trading activity and market demand. To reduce costs, new users can sign up using a Binance referral and receive: 20% off spot trading fees 10% off futures trading fees Exclusive cashback bonuses for eligible users By taking advantage of the Binance referral program, traders can optimize their trading costs and maximize their profit potential. What is Binance HODLer Airdrops? Binance HODLer Airdrops is a rewards program for BNB holders, distributing free tokens based on historical BNB balance snapshots. Users who subscribe their BNB to Simple Earn (Flexible or Locked) or On-Chain Yields are automatically eligible for these airdrops. Unlike other reward programs that require active participation, HODLer Airdrops retroactively reward users without extra actions. This makes it a simple and passive way to earn additional crypto assets on Binance.

#cryptocurrency market news

Bitcoin flirted around with the magic $100K number for a couple of months before selling off and falling all the way to $80K this week. This caused some investors to panic and rethink their bullish sentiment, but all’s not lost for crypto enthusiasts. A recent Matrixport analysis says that although the current market dump might last a little bit longer, all the way through March and into April, that’s not exactly an issue considering the long-term potential Bitcoin’s been showing. Let’s unpack why the current Bitcoin correction isn’t necessarily negative, or even unprecedented. Reasons for Bitcoin Falling Right off the bat, it’s important to note that the recent sell-off isn’t exclusive to crypto; the broader market, including the three US stock market indexes, fell sharply in the last five trading days. The biggest catalyst for this has been Trump’s tariffs. While his initial announcement of reciprocal tariffs on Canada and Mexico rattled the markets, his recent reaffirmation of these tariff hikes added fuel to the fire, eventually driving $BTC to break its two-month-long channel towards the downside. Understanding the effect of tariffs on investor sentiment is simple. Tariffs increase the price of goods, creating global tensions and disrupting supply chains. Put together, all this jacks up market volatility, which is what we’re seeing now. As a result of this financial turmoil, the US dollar has strengthened quite a lot. The US Dollar Index (DXY) shot up for three days straight, signaling that traders are looking for a safer investment avenue. As Matrixport said in its report, ‘A stronger US dollar causes this liquidity measure to decline, which suggests downward pressure on Bitcoin prices.’ Excellent Opportunity to Buy the Dip With $BTC down, it’s no surprise that ‘buy the dip’ chants are echoing loud and clear. Investors, both short-term and long-term, are considering accumulating Bitcoin now that it’s available at a ‘discount.’ Plus, Santiment’s sentiment tracker found that the mentions of ‘buying the dip’ are at their highest since July 2024. It’s worth noting what happened in July-September 2024. Bitcoin claimed new highs, went sideways, threatened to dip lower but pulled back every single time, and then eventually rallied to fresh milestones. We could be seeing an almost exact replica of this now, meaning the current dip could ultimately prove to be a healthy correction before the next leg up higher sets in. Additionally, business legends like Michael Saylor have advised against selling Bitcoin. Then, Standard Chartered issued a $500K target for Bitcoin. So, all in all, the attitude is definitely positive for Bitcoin. If you’re also looking to buy the dip and do so successfully, investing in crypto presales is one of the better decisions to make, as they’re not affected by market volatility. While we’re at it, we’d suggest focusing on projects that are closely tied to Bitcoin (and the larger crypto market), seeing as that’s how you’ll be able to reap in handsome yields once the bull run kicks in. Enter BTC Bull Token ($BTCBULL). BTC Bull Token – A Unique Altcoin to Rally Behind Bitcoin BTC Bull Token is a new cryptocurrency that has taken the industry by storm. After all, it’s the ONLY project out there offering free $BTC airdrops as Bitcoin surges past new price points. Simply put, once you’ve bought $BTCBULL tokens and stored them in Best Wallet, you’ll get free $BTC once Bitcoin crosses $150K, $200K, $250K, and so on. Given that BTC Bull is directly tied to Bitcoin, it’ll undoubtedly benefit from the OG crypto’s growth. Additionally, the biggest reason we believe it could be the next crypto to explode is that it offers Bitcoin maximalists a cost-effective way to support Bitcoin’s rally. Why Is $BTCBULL the Next 100x Coin? Early investors won’t just see a price appreciation of their $BTCBULL tokens but also benefit from free $BTC, which is also only going to increase in value. Speaking of $BTCBULL’s price, the token is also set to benefit from the project’s deflationary model. Essentially, the developers will burn a part of the total token supply once Bitcoin reaches $125K, $150K, $175K, etc. A continuous reduction in supply will inflate the token’s demand and ultimately boost its trading price. What’s more, you also don’t have to worry about the project falling out of favor among crypto enthusiasts. That’s because the BTC Bull team has reserved 40% of the supply for PR and marketing. Not to mention that the fundamentals of the project itself, i.e., handing out free $BTC, are going to send the market in a frenzy. As mentioned earlier, BTC Bull Token is currently in presale. It has already raised a whopping $3M, and each token is currently available at a low price of $0.00239. Interested investors should hurry up, though, as prices increase in the next few hours. Check out $BTCBULL’s whitepaper and X feed for more information. Everything considered, the need for proper risk management never subsides. We urge you to only invest a small amount and then scale in once you’re confident in your investments. Additionally, none of the above is financial advice, and you must always do your own research before investing.

#bitcoin #btc price #crypto #bitcoin price #btc #crypto news #cryptocurrency market news #pce #us inflation #crypto prices

US inflation data has injected renewed optimism into the Bitcoin and broader cryptocurrency markets. In January, the Personal Consumption Expenditures (PCE) inflation—the Federal Reserve’s preferred measure—fell to 2.5%, precisely in line with expectations. Core PCE inflation was reported at 2.6%, also matching forecasts, marking the first decline in PCE inflation since September 2024. Bitcoin And Altcoins See Relief On Inflation Data The latest data confirms steady performance both year-over-year and month-over-month. Headline PCE remained at 2.5% YoY, while core PCE—revised from a previous 2.8% (and even 2.9% in earlier revisions) to 2.6%—represents a 30 basis point improvement. This core headline reading is the lowest YoY since August 2024, and it is notable as the first slowdown in headline PCE YoY in four months. These figures suggest that easing inflationary pressures might be gradually reshaping market sentiment. Related Reading: Bitcoin Crashes, Fear Spikes—But This Analyst Sees $153,000 Ahead Crypto analyst BACH (@CyclesWithBach) was quick to respond on X, emphasizing the bullish nature of the data. He noted that “this core headline number is the lowest reading YoY since August 2024” and pointed to the 30bp revision as a significant improvement. Although he warned of too much optimism, he stated: “This is a BIG difference and is in fact bullish for markets! We may still see some choppy bottoming formation, but this bull ain’t over! – Credit spreads despite all this remain narrow, which is a sign that credit markets see no risk!” Following the data release, Bitcoin recovered back above $84,000, up 3.5% since the report and about 7.5% from today’s low of $78,258. After a week in which Bitcoin suffered an 18% decline, losing $96,000, the rebound marks a clear recovery. Altcoins were similarly buoyed; Ethereum climbed 5.8%, XRP gained 9.2%, and Solana surged 16%. Notably, SOL’s rally coincides with news that the CME Group will launch Solana (SOL) futures on March 17, pending CFTC regulatory review. Related Reading: Bitcoin’s 60-Day CDD Spikes: A Warning Sign or Buying Opportunity? Crypto analyst Kevin (@Kev_Capital_TA) also weighed in on the implications of the PCE release, remarking that “Fed CME interest rate Futures at the current moment has increased to 53.7% probability of a rate cut in June after the PCE Report. Up from below 50%. That’s solid news. #BTC #Altcoins #Crypto” Broader Macro Perspective Beyond the PCE data, broader macroeconomic signals could further support market recovery. Julien Bittel, Head of Macro Research at Global Macro Investor (GMI), shared his perspective on X. He attributes current market volatility, especially in crypto, to the tightening of financial conditions in Q4 of last year, which drained liquidity and slowed economic surprises. Bittel suggests that these conditions are now reversing: “Financial conditions have been easing rapidly over the past two months – dollar down, bond yields down, oil down – and that’s setting the stage for a recovery in the data soon.” He further notes that Bitcoin’s price now fully reflects the effects of recent tightening, and with an RSI at 23—the most oversold level since August 2023—he advised, “be greedy when others are fearful.” At press time, BTC traded at $83,804. Featured image from Shutterstock, chart from TradingView.com

#cryptocurrency market news

‘Sell a kidney if you must, but keep the Bitcoin.’ This is what Michael Saylor, co-founder of MicroStrategy, wrote on X earlier today, offering a fat word of assurance amid all the panic selling going on. Another bit of positivity comes from Alex Krüger, a top economist, who says that Bitcoin’s current dump is very similar to the one in April 2024. The coin essentially went sideways for 3-4 months post April, testing the $53K level multiple times before finally making several rallies and eventually starting the climb to $100K in October-November. Krüger said that even if Bitcoin moves lower, it’ll most likely be a liquidity sweep before an impending rally. He tapped into historical Bitcoin behavior to assure crypto enthusiasts that the coin is habitual to multiple corrections a year, and those are all excellent buying opportunities. The bottom line, therefore, is that this is far from Bitcoin’s end. It’s just that, as it always happens, market shifts (like the Bybit hack and Trump’s tariffs policies) are influencing crypto in the short-term. That’s not new. Bitcoin is here to stay, though. With that in mind, the current ‘dump’ might just be the perfect opportunity to craft a fabulous crypto portfolio. Here are some of the best cryptos to keep an eye on. 1. BTC Bull Token ($BTCBULL) – Best Crypto to Rally Behind Bitcoin’s Growth With Bitcoin poised for another leg up higher sooner rather than later, an exciting project like BTC Bull Token ($BTCBULL) may have arrived at just the right time. It plans to cheer on $BTC on its historic journey towards and beyond the $1M mark. BTC Bull Token is a one-of-a-kind meme coin, seeing as it’s the ONLY one that will hand out free $BTC to users who bought the token via Best Wallet. While other projects give out cash or additional tokens as prizes, BTC Bull Token’s unique prospect makes it the perfect investment opportunity for Bitcoin maximalists. Token holders will receive $BTC via airdrops whenever Bitcoin reaches new milestones, such as $150K, $200K, and $250K. Additionally, the developers have planned regular token burn events to maintain $BTCBULL’s demand and price. It has been just three weeks since its launch, and the BTC Bull Token presale has already raised close to $3M. You can join the group of early investors for just $0.002385 per token. 2. MIND of Pepe ($MIND) – AI Agent Offering Crypto Investment Advice Crypto will eventually find a bottom, reverse, and claim new highs. The best meme coins will not only follow the larger market’s growth trajectory but also eclipse it, generating exponential returns. But how do you find the next cryptos to explode? Enter MIND of Pepe ($MIND). $MIND is a revolutionary combination of AI and blockchain technologies. It’s an AI agent that chews through every single piece of crypto-related information available online (on X and dApps), analyzes all of it, and identifies cryptos that could potentially 100x your investment. Furthermore, $MIND will eventually also be able to ignite and catalyze new trends, supporting the coins it recommends and making sure token holders enjoy massive yields. All you have to do to benefit from $MIND’s sensational powers is become a token holder. Luckily for you, the project is currently in presale (~$7M raised), meaning prices are at their lowest. 1 $MIND is available for just $0.0034128. If you need help, here’s a guide on how to buy $MIND. 3. OFFICIAL TRUMP ($TRUMP) – Top PolitFi Meme Coin Available at a Discount $TRUMP might not be enjoying the market’s favor right now due to Trump’s recent tariff announcement, but it’s still slated to become one of the biggest gainers during Donald Trump’s time in office. The new US president, after all, is pro-crypto and was single-handedly the biggest reason behind Bitcoin’s mind-boggling rally from November onwards. As mentioned earlier, once the macroeconomic conditions improve, Bitcoin will regain strength. And $TRUMP could be right at the heart of a new crypto bull run. It’s worth mentioning that $TRUMP is currently the fourth biggest meme coin in the world in terms of market cap ($2.3B+). 1 $TRUMP is currently trading at just $12.15, and given its huge upside potential, it’s easily among the best cheap cryptos to buy now. Bottom Line Bitcoin (and crypto overall) will turn back eventually, and the time to be aggressive will come. However, the current market conditions require a cautious approach now. We highly recommend only investing an amount that’s small enough for you and having the stomach to HODL, as Saylor said. Also, none of the above is a substitute for financial advice, so kindly do your own research before jumping into crypto.

#bitcoin #crypto #btc #blackrock #digital currency #btcusd #cryptocurrency market news #bull run

Many people wonder about the length of Bitcoin’s rollercoaster journey that its price increase has been on. The bull run may persist until at least April 2025, argues CryptoQuant CEO, Ki Young Ju. Should this be the case, it could signal the longest ever Bitcoin bull cycle. Related Reading: Dogecoin Sees 95% Drop In Network Activity—Trouble Ahead? Variations In Bitcoin’s Growing Rate Ju created a Bitcoin growth rate difference statistic for May 2024 that formed the foundation for his projection. Monitoring the long-term market movements of the crypto helps one to ascertain whether the asset is still in a growth phase or overheated. Right now, Bitcoin is in what he refers to as a “critical zone,” in which market signals combine bullish and bearish patterns. Whether Bitcoin keeps on its ascent or begins to lose vigor will depend mostly on the next few weeks, or months. #Bitcoin on-chain indicators are at the bull-bear boundary. I expect this to be the longest bull run in history, but I could be wrong. We need at least another month of data to confirm whether we’re entering a bear market. If demand doesn’t recover, indicators may fully signal a… https://t.co/QkaZx7wmAt pic.twitter.com/4iHbuitW4o — Ki Young Ju (@ki_young_ju) February 27, 2025 Market Fluctuations And Past Corrections Investors are beginning to have jitters about Bitcoin’s price as it has lost 30% of its value in the last few days. But Ju is not bothered. According to him, severe pullbacks like these are not uncommon during a bull cycle phase. Historical records support his assertion; earlier bull runs show price losses of up to 52% before recovery. Should history be the barometer, Bitcoin might still have some surprises in its sleeves and carry out strong upward moves in the face of a volatile market. The BlackRock Bitcoin Selloff Movement in Bitcoin price is much influenced by institutional investors. BlackRock lately sold roughly $70 million in ether and $440 million in bitcoin. These big sell-offs could cause temporary devaluations and change investor mood. These events could change the price direction of Bitcoin in the next months even if Ju is optimistic. What’s Next For The Alpha Coin? Meanwhile, Bitcoin is not in good form as we speak: it is languishing in the $79,900 level, to the delight of those who’ve been waiting to buy the dip. Bitcoin is trading 7% below its most recent closing. It peaked at $86,990 then fell to a low of $79,490. The bulls can only wish it was the other way around. Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? Ju’s research shows that although some investors worry about possible future dips, the bull run is far from over. Since April 2025 is just a month away, traders and experts are still captivated by Bitcoin’s long-term trend and what the coming days will bring on the table. Ju’s observations offer a data-driven viewpoint even if nobody can exactly predict the market. Whether Bitcoin follows past patterns or creates new ground, investors will be closely observing it. Anything can happen in the crypto space. Featured image from Gemini Imagen, chart from TradingView

#ethereum #ethereum price #eth #cryptocurrency market news #ethusdt #crypto analyst #crypto trader #crypto investor #ethereum analysis #crypto market correcion #bybit hack #bybit security breach

Amid the market retrace, Ethereum (ETH) has lost its key $2,600 support zone and fallen below the next crucial level. As the second-largest cryptocurrency by market capitalization attempts to hold its current range, some analysts predict a 6% drop could be coming. Related Reading: Solana Sentiment Hits 1-Year Low Amid Market Correction – Analyst Suggests Drop To $70 Ethereum Risks Fall To $2,180 Following the $1.5 billion hack of crypto exchange Bybit, the crypto industry experienced a market correction that sent most cryptocurrencies below their key support levels. Bitcoin’s price fell below the $90,000 mark for the first time since November. Meanwhile, Solana, one of the leading Altcoins of the cycle, dropped 30% in five days, hitting a five-month low. Nonetheless, Ethereum’s price held relatively well compared to most cryptocurrencies despite accounting for $1.2 billion of the assets stolen in the hack. The “King of Altcoins” initially dropped 10%, staying around its pre-Bybit hack levels over the weekend, but failed to sustain the $2,600 support after the market crash resumed on Monday. Crypto analyst Ali Martinez had previously warned that this level was key for cryptocurrency’s bullish trend continuation, and failing to hold this support zone would send the price to the $2,4000 mark. After the drop, the analyst stated that the $2,425 level was Ethereum’s next most critical support zone, as 10.33 million wallets accumulated 63.43 million ETH. However, the cryptocurrency failed to hold this level on Wednesday, dropping to $2,300 in the past 24 hours. Martinez warned that Ethereum needs to hold the $2,345 support level now, where 2 million investors bought 58.88 million ETH. If it falls below this level, the millions of investors will be in the red numbers. Analyst Carl Runefelt also cautioned about ETH’s current levels, suggesting that Ethereum risked dropping another 6%. The analyst advised investors to monitor the bearish flag forming in Ethereum’s hourly chart for the past day, as it could send ETH’s price near the $2,000 support line. If the cryptocurrency fails to hold the $2,320-$2,330 level, Ethereum’s price targets a breakdown to $2,180. Short-Term Rally Or Sideways Move Coming? Crypto analyst Ted Pillows highlighted ETH’s bullish divergence in the 3-hour chart, suggesting that “a short-term rally towards $2,600-$2,700 looks possible.” However, he noted that the potential rebound could be a “dead at bounce.” Meanwhile, Altcoin Sherpa indicated that the cryptocurrency could move sideways for the next few months, pointing to ETH’s performance after losing the $2,900 support in August 2024. Ethereum moved within the $2,100-$2,800 price range from August to November 2024, with the second-largest crypto’s current price action starting to resemble last summer’s performance. Related Reading: Memecoin Scam Alert: Pump.Fun X Account Hacked, Promotes Fake PUMP Token Another market watcher also suggested that the King of Altcoins needs an extended re-accumulation period to attempt to reclaim the higher levels, as seen during the FTX collapse, 2023’s capitulation, and Summer 2024’s capitulation. Based on this, ETH could move within its current range for the next two to three months. Lastly, analyst Titan of Crypto pointed out a Wyckoff Check accumulation pattern in ETH’s weekly chart. He stated that Ethereum appears to retest its key level after a breakout to confirm the trend continuation. Per the post, if the $2,140 level holds, there’s a “potential spring and rally continuation.” As of this writing, Ethereum trades at $2,324, a 15% drop in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

#bitcoin #crypto #xrp #meme coins #altcoins #cryptocurrency market news #xrpusd

XRP stood firm as crypto markets took a beating on Tuesday. Most coins fell hard, but XRP avoided hitting new lows. Market watchers now wonder if the altcoin might recover faster than other cryptos. Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? XRP Holds Ground In Tough Market Tuesday’s crash sent most crypto prices tumbling. XRP dropped to $2.23, falling 4% in just one day. This marks a rough week for the coin, which lost 17% in the weekly frame, but the drop wasn’t as bad as earlier this month. During one of its biggest declines this year, on February 4th, the coin had sunk to $1.70 – much lower than Tuesday’s bottom. Bitcoin, on the other hand, fell below $86,000. This was its lowest price since November 2024. The difference is clear: Bitcoin hit new recent lows while XRP did not. Analysts See Promising Signs A number of crypto experts have noticed that XRP is performing better. Dom, a crypto analyst, said the altcoin only had a “fakeout” below the important $2.25 price mark. Dom stated that for things to stay on track, XRP needs to close above this price. $XRP update Still looking good here as we got a fakeout below the important level ($2.25) Vital to close the daily above and NOT accept below XRP is holding up better than 90% of alts, chart isn’t broken I will share more thoughts soon, but need to see how BTC reacts next… https://t.co/m5cOOCO88Z pic.twitter.com/EdWeRQfVxG — Dom (@traderview2) February 25, 2025 Dom also noted that Bitcoin might face more trouble if it falls below $85,000. Despite these concerns, he thinks the crypto is doing better than most coins in the market. His view: XRP’s chart still looks solid compared to others. Numbers Tell The Story XRP’s strength shows up clearly in market data. According to CoinCodex, the coin did better than 92% of the top 100 crypto coins during this downturn. While XRP avoided making new lows, other popular coins weren’t so lucky. Both Solana (SOL) and Dogecoin (DOGE) fell to their lowest points of 2024 during Tuesday’s crash. Related Reading: Panic Sell? Bitcoin’s $86K Fall Wipes Out $1 Billion In Trades Is A Price Recovery Underway? XRP has already bounced back with an 8% gain, bringing its price to $2.31. This quick recovery has cut its weekly losses to around 9%. The coin’s ability to avoid deeper drops might give investors hope. While the entire market faces uncertainty, XRP’s performance suggests it might weather the storm better than its competitors. What happens next depends partly on Bitcoin’s movement. Many traders are keeping a close eye on the next price movement of Bitcoin, as it often sets the tone for the whole crypto market. If Bitcoin stabilizes, XRP might continue its upward path. For now, XRP stands out in a sea of red. Its quicker recovery and stronger support levels could make it a coin to watch as the broader digital currency space tries to find their footing after Tuesday’s crash. Featured image from Gemini Imagen, chart from TradingView

#cryptocurrency market news

Bitcoin just experienced its largest sell-off of 2025, breaking below the critical $90K support level and plunging to a low of $82K before rebounding slightly to $86K. Despite this partial recovery, the broader market sentiment remains decisively bearish, with traders wary of further downside risks. In total, investors offloaded approximately 79.3K BTC during this sharp downturn, intensifying the selling pressure. Even more concerning, many of these positions were exited at a loss, signaling a wave of panic selling rather than calculated profit-taking. This suggests that fear and uncertainty are driving the market, raising questions about whether Bitcoin has found a short-term bottom or if further declines are ahead. What’s Next for Bitcoin – Through the Lens of Technical Analysis The biggest piece of positive news for Bitcoin supporters is that it’s currently finding support on the 200 Exponential Moving Average (EMA). This is a key technical level that often acts as a strong support zone during market corrections. If Bitcoin holds above it, it could signal a potential trend reversal or at least a temporary stabilization, preventing further downside. However, if it breaks below this level, it may trigger another wave of selling pressure, reinforcing the current bearish sentiment. Although a sudden bounce on the 200 EMA doesn’t look very likely (because of the macroeconomic conditions), we can certainly expect the EMA to flatten out at this point and become a trampoline for $BTC. In the first half of 2024, $BTC exhibited almost the exact same behavior as right now. It found resistance at the top, fell all the way down to the 200 EMA, tested it multiple times (notice how the EMA flattened out), and then used it as a launchpad to reach new highs. As technical analysts say, history repeats itself. So, this is very assuring news. While all this is happening, though, you could invest in a few presales that are more or less immune to the current market volatility. Additionally, while you wait for them to get listed (hopefully, the market’s bullish again by then), you’ll be able to put your money to work thanks to staking. To get you started on the right foot, we’ve compiled a list of the best crypto presales in 2025. 1. Meme Index ($MEMEX) – A Fresh Approach to Investing in Meme Coins During market corrections like this, high-potential tokens may be available at a discount. However, it’s crucial to avoid letting greed drive your investment decisions. A cautious, strategic approach is key, especially when the market isn’t signaling strong bullish momentum. That’s why we believe Meme Index ($MEMEX) is the best crypto to buy right now. It’s designed to revolutionize crypto investing by providing a more diversified and lower-risk way to gain exposure to meme coins. Its team of experts has curated four distinct baskets of meme coins, offering investors a structured and balanced approach to this high-volatility sector. Each of these carries a different amount of risk, volatility, and profit potential. So, you can pick one that suits your investing approach and risk appetite. Another reason we’ve put $MEMEX at the top of our list is its massive staking rewards. In addition to enormous gains upon listing, early adopters can also earn a sizable passive income by staking their purchased tokens. It’s worth noting that $MEMEX’s 588% APY is one of the highest staking rewards in the entire industry. Speaking of buying $MEMEX, you can do so by paying just $0.0166218 per token. The project is currently in presale, where it has already raised over $3.8M. 2. MIND of Pepe ($MIND) – Autonomous Self-Evolving AI Agent Tackling Information Overload MIND of Pepe ($MIND), like Meme Index, is focused on changing the way people think about crypto investing. It’s a new meme coin project combining two revolutionary technologies: artificial intelligence and crypto. An autonomous and self-evolving AI agent, $MIND will interact with crypto folks online and grasp their unique biases and opinions on various cryptos. Next, it will analyze thousands of pieces of such data, cut through the clutter, and identify the next cryptos to explode. Only $MIND holders will have access to this powerful AI’s otherworldly capabilities. MIND of Pepe sets itself apart from most crypto presales with its exceptionally high staking rewards. Investors who stake their purchased tokens to support blockchain operations can earn an impressive 328% APY, making it one of the most lucrative opportunities in the space. Now’s probably the best time to join the ‘$MIND Army.’ The presale, which has close to $7M in its kitty at the time of writing, is currently live. This means tokens are available at some of their lowest prices ever. Just $0.0034128 per $MIND. Oh, and in case you’re wondering – here’s how you can buy $MIND. 3. Rexas Finance ($RXS) – Futuristic Crypto Project Tokenizing Real-World Assets Crypto adoption is undoubtedly going to reach new milestones in the coming months. And Rexas Finance is one of the earliest signs of what’s in store. It’s a unique project that allows token holders to tokenize any real-world asset. This includes gold, art, commodities, and even real estate. Thanks to its refreshing appeal, Rexas Finance has become one of the biggest presales on the market right now. It has amassed over $46M so far, and 1 $RXS is currently available for just $0.20. Moreover, the project has attracted both retail and institutional investors. Whales, for instance, executed a couple of large investments into $RXS ($179K and $158K) in the month of January. Conclusion To sum things up, we’d like to reiterate that a market sell-off, while nerve-wracking, isn’t necessarily a bad thing. Remember, a runner needs to rest in between sprints. However, what the current market conditions do mean is that you’ll have to be smart with your investments. $MEMEX and $MIND, for instance, are both unique and less risky investing prospects with massive upsides. Last but not least, none of the above is meant to replace financial advice from a professional. We urge you to do your own research before investing.

#solana #sol #crypto market #crypto hack #zachxbt #solana memecoins #cryptocurrency market news #solusdt #crypto investors #crypto hackers #pump.fun #memecoin frenzy

The Solana-based memecoin Launchpad Pump.fun’s X account has been hacked and used to promote fake cryptocurrencies, including an “official” PUMP governance token. On-chain investigators suspect the hack is linked to other X account compromises. Related Reading: Red Monday, Green Week? Bitcoin Needs To Reclaim This Level For Trend Continuation – Analyst Pump.Fun Hackers Launch PUMP Memecoin On Wednesday, Pump.fun’s official X account was compromised, with hackers promoting different tokens during the incident. The account started to post different contract addresses (CA) for various memecoins before deleting them. The hackers initially shared the contact address of PUMP, the “official Pump.fun governance token,” stating that “democracy has never been this degen” and that they would be rewarding their “OG DEGENS.” The crypto community quickly identified the memecoin as a scam and alerted other users of the potential account compromise. Blockchain data firm Bubblemaps warned users of the fake memecoin, explaining that PUMP was “heavily bundled and will dump,” as 60% of the token’s supply was held in two clusters. Meanwhile, Pump.fun’s founder, Alon Cohen, confirmed the X hack and asked the community not to interact with it or any links shared until it was recovered. According to on-chain investigator Dethective, the hackers extracted around $600,000 from the token minutes after sharing the memecoin. The crypto sleuth explained that their strategy consisted of posting the CA of a bundled scam token and deleting it after rugging investors. Besides the fake PUMP token, the malicious actor promoted OG, Extract Protocol (EXAI), and Pump.fun Hacked (HACKED), extracting around $90,000 from these memecoins. Dethective noted that some investors continue to buy the tokens after the hackers repeatedly rugged the previous ones, with the last token hitting a $1.5 million market capitalization at the top. The malicious actors asked the crypto community whether they should create a “legit token on Pump.fun” and call it “Hackeddotfun.” They “promised” to pump the memecoin to a market capitalization of $100 million, assuring it wouldn’t “be a bundle” and would be launched through the platform before deleting the posts. Pump.Fun Hack Linked To Jupiter’s X Compromise? Renowned on-chain detective ZachXBT revealed the Pump.fun compromise is “directly connected on-chain” to the Jupiter DAO and DogWifcoin compromises from February 2025 and November 2024, respectively. On his Telegram channel, the internet sleuth suggested that the attacks are “likely not the fault of either the Pump.fun or Jupiter teams.” Instead, Zach suspects a threat actor is “social engineering employees at X with fraudulent documents/emails or a panel is being exploited.” Wu blockchain shared GMGN data revealing that only one Pump.fun memecoin had a market value above $1 million yesterday. The post detailed that several tokens hit the $1 million barrier but quickly experienced a sharp drop. Related Reading: Solana Sentiment Hits 1-Year Low Amid Market Correction – Analyst Suggests Drop To $70 Following the TRUMP and MELANIA memecoins and the recent Libra token controversy, investors have expressed exhaustion from the continued memecoin scams deployed via the Solana-based launchpad. Some community members called the hack “the nail on the meme coin coffin,” as sentiment surrounding the sector’s “memecoin fiesta” is at its lowest point this cycle. At the time of this writing, Pump.fun’s team has regained access to the account and stated they will continue to monitor the situation as “the attack that led to this compromise is unknown, but it’s unlikely that the team is at fault.” Featured Image from Unsplash.com, Chart from TradingView.com

#ethereum #bitcoin #btc price #crypto #eth #bitcoin price #btc #cryptocurrency #bitcoin news #btcusd #btcusdt #crypto news #cryptocurrency market news #ethusd #ethusdt #btcusd price #bitcoin technical analysis #crypto analyst

The crypto market is experiencing a significant upheaval, with a staggering $300 billion erased in just 24 hours. This massive sell-off has raised concerns among investors, prompting analysts to explore the underlying causes of this dramatic decline. Bitcoin And Ethereum Plummet According to insights from the Kobelsi Letter, a global commentator on capital markets, the frequency of “flash crashes” in the crypto sector has surged since January. These rapid price declines can occur without major bearish news, leaving investors puzzled about the sudden volatility. The recent downturn began with Bitcoin (BTC), which initially fell below $95,000. However, a sharp drop from $95,000 to $90,000 within just 30 minutes early in the morning served as a wake-up call for traders.  Ethereum (ETH) has fared even worse, experiencing a staggering 37% drop over 60 hours on February 2nd, despite trade war headlines that had already been priced into the market. Related Reading: Why Ethereum Is A Must-Watch: Expert Analysis Highlights 4 Strong Bullish Indicators One of the critical factors contributing to this crypto volatility, according to the analysts, is the drastic shift in liquidity and short positioning in Ethereum. In a single week, short positions surged by 40%, and since November 2024, they have skyrocketed by 500%.  This unprecedented level of shorting by Wall Street hedge funds has created a precarious situation for Ethereum, which is now valued at approximately $300 billion. As institutional investors increasingly short Ethereum, many have turned their attention to Bitcoin, creating a stark contrast in market dynamics. While retail interest in Bitcoin has waned, driven partly by a surge in memecoins, institutional capital continues to flow into Bitcoin, exacerbating the volatility in altcoins like Solana. Retail Vs Institutional Investors Amid Crypto Volatility Kobelsi further highlights that the current market environment is characterized by a polarization between retail and institutional investors. As liquidity decreases, price movements become increasingly erratic. This has resulted in significant “air pockets,” where sentiment can shift dramatically, leading to rapid price changes. Recent sentiment analysis reveals that the crypto market is experiencing its lowest levels of enthusiasm for 2024. The Crypto Fear and Greed Index, which previously indicated a state of greed, has now dropped to a fear level of 29%. Such shifts in sentiment often precede flash crashes, as traders react to the changing landscape. Related Reading: XRP Price Continuation After Crash Below $2.4? New Targets Emerge Adding to the complexity of the situation, public figures like Eric Trump have been vocal about their views on the largest crypto assets, Bitcoin and Ethereum. Trump has suggested that these price dips present buying opportunities, a perspective that may influence retail investors’ behavior. Furthermore, companies like MicroStrategy have also impacted the crypto market dynamics. Despite a 45% drop in its stock since its November 20th peak, MicroStrategy continues to accumulate Bitcoin through convertible note offerings, reinforcing its commitment to the crypto and potentially influencing market sentiment. So far, Ethereum has managed to regain the $2,500 level after falling below $2,300 on Tuesday, recording losses of 7% in the 24-hour time frame. Featured image from DALL-E, chart from TradingView.com 

#ethereum #bitcoin #crypto #microstrategy #eth #solana #btc #altcoin #fear and greed index #cryptocurrency market news

The crypto market has experienced an unprecedented surge in volatility, with established coins like Bitcoin and Ethereum facing extreme price swings. Since January, the frequency of flash crashes has risen sharply, erasing billions from the market. A crypto analyst has suggested that these flash crashes have been driven by several factors, providing a detailed insight into what’s really going on in the market.  Why Flash Crashes Are Occurring In The Crypto Market A crypto analyst known as ‘The Kobeissi Letter’ has shed light on the recent market crash and why top coins are falling drastically. The analyst revealed that the increasing number of flash crashes has resulted in over $300 billion being removed from the market in just 24 hours.  Related Reading: Crypto Liquidations Cross $2.22 Billion, Here’s How Much Dogecoin Traders Lost He disclosed that on the previous day, the market began selling off, with Bitcoin dropping below the $95,000 mark. Between 1:45 AM ET and 2:15 AM ET, the cryptocurrency had one of the most shocking crashes, falling by $5,000 in mere minutes.  Ethereum, the second largest cryptocurrency after Bitcoin, had it even worse. The altcoin experienced massive liquidations that contributed to a 37% price crash on February 2, fueled by trade war headlines.  The Kobeissi Letter has revealed that the key factor behind these dramatic flash crashes is the growing divide between institutional and retail investors. Wall Street Hedge funds have increased their short positions on Ethereum by 500% since November 2024, marking a historic level of institutional bearishness toward Ethereum. Short positioning in Ethereum has also increased by over 40% in just one week. Moreover, Ethereum’s price is down by approximately 40% since December 2024, while Bitcoin has fallen by 15%.  On the other hand, institutions have continued to accumulate Bitcoin, while retail investors have poured capital into smaller altcoins like Solana, creating extreme volatility in these assets. This “polarization,” as the analyst calls it, has led to the formation of “air pockets” in liquidity. As a result, when a sell-off starts, it triggers cascading liquidations, amplifying market instability and price crashes.  The analyst has also pinpointed that this polarization phenomenon works in the opposite direction, as the market can experience rapid recovery, leading to billions added to its market cap within hours.  Shifts In Sentiment And Political Influence Contribute To Market Crash The Kobeissi Letter revealed that the Fear and Greed Index has fallen from a bullish stance just weeks ago to 29% extreme Fear, underscoring the speed at which the market’s sentiment is changing to the negative. The analyst suggests that the extreme positioning in the crypto market is leading to these increasing flash crashes, making crypto significantly unpredictable.  Related Reading: Crypto Fear And Greed Index Barrels Toward Extreme Greed Again As Bitcoin Price Clears $101,000, Is This Good News? Adding to the turbulence, the analyst revealed that political and corporate influences have been dictating the crypto market. He underscored that Eric Trump had publicly supported buying Bitcoin and Ethereum during dips, aligning with events like Ethereum’s February 3 recovery and Bitcoin’s rebound on February 25.  While the market experiences flash crashes and instability, MicroStrategy continues to accumulate Bitcoin. The analyst revealed that the company had also contributed to the polarization of Bitcoin due to its unending accumulation trend. While the company buys more Bitcoin, MSTR stocks continue to fall, marking a 45% decline from their high on November 20. Featured image from Unsplash, chart from Tradingview.com

#ethereum #defi #crypto #eth #solana #sol #cryptocurrency #crypto news #cryptocurrency market news #ethusd #ethusdt #ethereum news #solana news #crypto analyst #latest ethereum news

As the broader cryptocurrency market grapples with significant downturns, Ethereum (ETH) and Solana (SOL) have emerged as some of the hardest-hit assets among the top ten digital currencies.  On top of that, recent allegations by market experts on social media suggest potential market manipulation by major players in the space, raising further concerns for investors. Ethereum Falls Below $2,600: Potential End To Altseason Over the past few days, on-chain data has surfaced, indicating large-scale selling of Ethereum and Solana tokens primarily by Binance (BNB), the world’s largest cryptocurrency exchange.  Market expert Crypto Rover highlighted that these sales, which occurred over a span of just 48 hours, have contributed to a staggering 7% drop in Ethereum and a 12% decline in Solana’s value. Related Reading: Bitcoin Crashes: Experts Warn Of 6-Month Slump To $73,000 Ethereum has now breached its critical support level of $2,600, a point that analysts like Ali Martinez caution could signal the end of the altcoin season if confirmed on higher time frames.  Martinez notes that the next significant threshold for the Ethereum holders is set at $2,300; falling below this level could jeopardize the psychologically crucial $2,000 mark. For Solana, the situation is similarly dire. The asset has retraced below its major support level at $150, settling around $140. This decline represents a considerable 51% gap from its all-time high of $293 reached in January. The bearish sentiment surrounding Solana is further underscored by a stark drop in network activity. Martinez pointed out that Solana’s active addresses have plummeted by 60%, falling from an impressive all-time high of 18.5 million in October to just 7.3 million. Market Manipulation Allegations Arise Amidst these troubling developments, voices within the crypto community are suggesting that the market turbulence may not be coincidental.  Experts like Marty Party have expressed concerns about the role of Binance, asserting that the exchange may have offloaded its holdings in Solana and Ethereum to cover fines imposed by the Department of Justice (DOJ) while also profiting from liquidating leveraged futures positions. Such actions have been characterized as “manipulative,” with Marty noting the timing of these sales. Doctor Profit, another market expert, also suggests that platforms like Bybit may have engaged in similar practices to recover “lost Ethereum” after its recent hack, fueling further speculation about the integrity of these exchanges. Critics argue that these “market maneuvers” are indicative of a broader pattern of manipulation, particularly aimed at triggering mass liquidations among long positions.  Related Reading: Ethereum Price Crash To $2,000 Could Happen As Smaller Timeframes Turn Bearish Doctor Profit remarked on the apparent transparency of these manipulations, suggesting that market players are exploiting the naivety of average crypto investors. Given the current climate, there is a growing call within the crypto community to shift away from centralized exchanges and traditional financial structures.  Advocates like Doctor Profit are urging investors to embrace decentralized finance (DeFi) and monolithic networks, emphasizing the importance of self-custody and minimizing reliance on institutions that may be susceptible to manipulation. For now, Ethereum has managed to stabilize at $2,390, which is nearly 50% below the record high of $4,878 reached during the 2021 bull market. Featured image from DALL-E, chart from TradingView.com

#cryptocurrency market news

Richard Teng, Binance’s CEO, firmly believes that the current crypto dump won’t last long. Referencing crypto’s historical performance, Teng said that, just like traditional assets, crypto reacts to changes in the outside world, but it also bounces back. In anticipation, we highlight four top new crypto tokens to buy now. Crypto Always Rebounds ‘It’s important to view this as a tactical retreat, not a reversal. Crypto has been here before and bounced back even stronger.’ – Richard Teng said on X Another piece of positive speculation from Teng is that the Fed could very quickly change its stance on rate cuts. He says the Fed’s pause on interest rate cuts is temporary and ‘a cautious approach.’ Once the job market weakens, the Fed will eventually cut rates, which could result in a reversal into the green again. What’s more, crypto ETF filings are growing by the day, and there’s been a steady inflow of new users into Binance. Both are good signs. With things shifting direction on a fundamental level, the crypto market looks ripe for fresh buys. That’s why we’ve cherry-picked four of the best cryptos worth buying while there’s still blood on the street. 1. BTC Bull Token ($BTCBULL) – Best New Crypto to Buy Right Now When we say ‘crypto’ is about to have a comeback, we’re really talking about the King of Crypto, $BTC. As the OG crypto, Bitcoin is always at the heart of the discussion. Where Bitcoin goes, the rest of the cryptos follow. This is why BTC Bull Token ($BTCBULL) is set to be one of the best meme coin presales this month.  Holders not only benefit from the hype and growth of Bitcoin, but also from that of this low-cap meme coin riding in its wake. If you’re a $BTCBULL holder, you’ll be rewarded with free $BTC every time Bitcoin breaks through new milestones, such as $150K, $200K, and $250K. All you have to do is store your $BTCBULL tokens in Best Wallet. With Bitcoin predicted to reach the $200K mark by year-end – and cross $1M in the next few years – BTC Bull Token offers another potentially lucrative opportunity for bullish crypto investors to profit off Bitcoin’s upward trajectory. Its presale has already raised over $2.8M, and you can join the ‘bull army’ for just $0.002385 per token. 2. Solaxy ($SOLX) – First-Ever Layer 2 Solana Solution Don’t mistake Solaxy ($SOLX) for just another meme coin. It has a solid proposition. As the first-ever Layer 2 solution on Solana, it’s in a pole position to benefit from the market’s shift towards utility-based tokens. Even though the Solana blockchain has been a massive success, it’s been struggling with slow transaction speeds and scalability issues in the face of huge traffic surges. Essentially, its own success has overwhelmed the network. This is where $SOLX comes in. $SOLX is an innovative blockchain project that aims to remove ongoing congestion issues on Solana. It’ll offload the workload from Solana’s primary blockchain and execute transactions on a sidechain. This will ease the pressure on Solana, making transactions quicker and potentially cheaper, too. With over $23.5M in funding already raised, $SOLX is easily among the best crypto presales live right now. You can back this revolutionary meme coin project for only $0.001646. Here’s more on how to buy $SOLX. 3. Catslap ($SLAP) – Combines Meme Appeal with an NFT Ecosystem Catslap stands out as a breath of fresh air in the world of altcoins with its ridiculously entertaining and rewarding slap-to-earn mechanism. Inspired by the viral ‘slapping cat’ meme, Catslap offers token holders the opportunity to earn real money by slapping a character as many times as they can. There’s a slapometer to keep score. The Catslap team has paid out $100K worth of USDT to top ‘slappers’ in January. That’s some serious marketing game. What’s more, the project team also organizes regular buybacks and token burns to support $SLAP. $SLAP has been off to a great start and rose by 33x almost immediately after listing. This means early presale investors made almost 90x returns on Catslap. Insane. Even though the token’s price has been trending downward in the last few weeks, the Catslap team’s dedication, combined with the project’s amusing mechanics, serves as reasons to remain bullish on this low-cap meme coin. You can buy 1 $SLAP for just $0.0006400 if you get in now. 4. Book of Ethereum ($BOOE) – Repository for Meme Sharing and Engagement As memes become a vital part of the modern investing landscape, a digital repository of memes makes financial sense. Book of Ethereum ($BOOE) will be a collection of all Ethereum-related memes. The project aims to promote a vibrant community around memes and digital art. Additionally, it will also serve as a decentralized platform for engagement within the Ethereum community. Gotta love the token name, too! $BOOE even received a follow from none other than Ethereum’s founder, Joseph Lubin, himself, and there are rumors of other connections between $BOOE and other $ETH founders. After reaching a peak of around $0.75 in October 2024, $BOOE finds itself among the top gainers once again. It has jumped by a mind-boggling 70% in the last seven days. Each token is currently priced at $0.2457, making $BOOE one of the best cryptos under $1. Final Verdict Even though the market is like a lion leaning back before it leaps, there’s as much need for caution as there is for optimism at this time. Volatility, after all, is ever-present. The momentum needed to propel the market forward is not yet here, but experts agree it’s just a matter of time. Even so, any investment you make must be one you don’t mind letting sit for a few months at least. Additionally, and most importantly, always do your own research before investing. The above article isn’t a substitute for financial advice.

#bitcoin #crypto #cryptocurrency #bitwise #matt hougan #crypto news #cryptocurrency market news #crypto crash #crypto crash news

In a memo released on February 25, 2025, Matt Hougan—Chief Investment Officer (CIO) at Bitwise Asset Management—drew striking parallels between today’s crypto market and what he observed in July 2024. Titled “Short-Term Pain, Long-Term Gain (Redux),” Hougan’s latest analysis suggests that, despite the current pullback, the industry’s underlying fundamentals remain as compelling as ever. Crypto Echoes Of July 2024 Hougan opened his memo by recalling the environment in July 2024, when he penned an earlier piece called “Short-Term Pain, Long-Term Gain.” Back then, crypto markets were reeling: “Bitcoin, which had peaked above $73,000 in March 2024, had fallen to roughly $55,000, a 24% pullback. Ethereum was down 27% over the same time period.” At the time, Hougan noted that “the crypto market is facing a weird dynamic right now. All the short-term news is bad, and all the long-term news is good.” He also cited catalysts such as potential ETF inflows, the upcoming Bitcoin halving, and more supportive policymaking in Washington, D.C., contrasting them with then-immediate risks like Mt. Gox distributions and government sales of Bitcoin. Related Reading: From Hope To Crypto Panic: How A Day Of Highs For Coinbase Turned Into A Nightmare For Bybit That analysis proved timely. “Shortly after I wrote the memo, Bitcoin bottomed and proceeded to rip straight to $100,000,” Hougan wrote. In his latest note, he sees a similar duality at play: negative short-term developments on one hand, and powerful long-term tailwinds on the other. Yesterday, crypto markets were under renewed pressure: Bitcoin dropped at one point more than 10% to as low as $86,050, Ethereum by 18%, and Solana lower by 21%. The immediate trigger: last weekend’s hack of Bybit, a Singapore-based exchange, which suffered a $1.5 billion Ethereum theft via a phishing scam. Though Bybit dipped into its reserves to make clients whole, the breach reverberated across the industry. The hack followed on the heels of a spate of memecoin scams, including Libra, endorsed by Argentine President and noted crypto proponent Javier Milei. The memecoin cost investors billions in what Hougan described as a “multi-billion-dollar scam.” Moreover, Melania, a project tied to First Lady Melania Trump, also collapsed, causing substantial losses for token holders. Trump, a memecoin linked to US President Donald Trump fared no better. “Taken together, these events probably spell the end of the recent memecoin boom,” Hougan commented. While many institutional and long-term crypto participants may view the memecoin sector with skepticism, its trading volume and buzz have fueled overall market activity—particularly in the Solana ecosystem. Related Reading: Crypto CEO Calls Start Of The Altcoin Season With A Caveat Despite the negative headlines, Hougan points to a robust foundation beneath crypto markets. First, Hougan highlights the pro-crypto regulation under the Trump administration. In his view, “We are in the early days of a massive shift in Washington’s attitude towards crypto.” He cites the US Securities and Exchange Commission’s recent decision to drop high-profile lawsuits against companies like Coinbase and ongoing legislative efforts around stablecoins and market structure. Such developments, he argues, will help crypto break into mainstream finance. Second, institutional adoption is still growing. Large-scale buyers—including asset managers, corporations, and even governments—continue to accumulate Bitcoin. Hougan notes that so far this year, “investors have plowed $4.3 billion into bitcoin ETFs,” and he expects that figure to balloon to $50 billion by year-end. Hougan also expects a stablecoin boom. Stablecoin assets under management have climbed to a record $220 billion, marking a 50% jump from last year. With favorable legislation making its way through Congress, Hougan believes the sector could grow to $1 trillion by 2027. Lastly, the Bitwise CIO predicts the rebirth of DeFi and tokenization. Lending, trading, prediction markets, and derivatives see record heightened usage. Meanwhile, the tokenization of real-world assets continues to hit all-time highs in assets under management, suggesting that blockchain-based representations of traditional securities and commodities may be on the rise. Hougan refers back to his July 2024 thesis to underline today’s opportunity. On the negative side, markets have to navigate aftershocks from Bybit’s massive hack and the implosion of multiple memecoin projects. On the positive side, regulatory clarity, institutional inflows, stablecoin expansion, and DeFi innovation continue unabated. “This is what I call a no-brainer,” Hougan wrote, underscoring his stance that serious long-term factors overwhelmingly outweigh the short-term setbacks. He does offer a measured warning, noting this pullback may prove more pronounced than last summer’s dip: “The memecoin boom was large, and the hangover could be more significant. It might take days, weeks, or months to work through it.” Yet his conclusion remains firm: the long-term growth narrative remains intact. “When that happens, I like my money on the long term,” he stated, reiterating that patience can be rewarded in a market often swayed by headline-driven volatility. At press time, BTC traded at $88,349. Featured image created with DALL.E, chart from TradingView.com

#ethereum #solana #sol #eth/btc #sol price #solana memecoin #cryptocurrency market news #solusdt #crypto analyst #crypto trader #crypto investor #solana sentiment #memecoin frenzy #crypto bull run 2025 #crypto market correction

Amid the market retrace, Solana (SOL) saw a massive correction that dragged its price to a five-month low. If SOL fails to reclaim its key support levels, some market watchers predict the altcoin risks further bleeding. Related Reading: Red Monday, Green Week? Bitcoin Needs To Reclaim This Level For Trend Continuation – Analyst Solana Sentiment Plummets To Yearly Low On Monday afternoon, the crypto market continued the weekend bleeding after failing to hold its key support levels. In the past 24 hours, most cryptocurrencies have dropped to monthly lows amid the latest market correction. Bitcoin, the largest crypto by market capitalization, moved from the $96,000 mark to the range lows of its post-elections range before losing the $90,000 support for the first time since November. As the flagship crypto bled, Solana, one of the leading Altcoins this cycle, followed BTC’s steps. SOL dropped 12% from the $150 support, tapping the $140 level and dropping to $131 on Tuesday morning, its lowest price since September. Analyst Miles Deutscher pointed out that Solana’s sentiment has reached its lowest level in over a year. According to the post, the sentiment for SOL hasn’t been this low since the cryptocurrency first reclaimed the $100 mark at the start of 2024. It’s worth noting that market sentiment has shifted over the past few weeks, with several community members expressing increasing fatigue from the numerous Solana-based memecoin scams. After the Libra token crash, which saw over $100 million taken from investors, the market started to see capital rotation from Solana to Ethereum. At the time, SOL’s price dropped 12%, losing the $180 support zone and failing to reclaim it for the past week. Deutscher stated that Solana is “finally having its capitulation moment” after being a top performer throughout last year. He also implied that the capitulation suggests a rebound could be coming. Another 50% Drop Coming? Crypto analyst Jelle highlighted that Solana is registering a 50% drop from January highs and has retraced to a key weekly level. The $130 and $140 zone was a key support level throughout the 2021 all-time high (ATH) breakout and the 2024 rally. Jelle also suggested that holding this area will be key for Solana’s performance, as the upcoming token unlock, scheduled for March 1st, will affect its price. Ali Martinez commented on SOL’s recent performance, noting that SOL’s trading pair against BTC resembles ETH/BTC. According to the analyst, the SOL/BTC chart is starting to look like Ethereum’s trading pair against BTC’s past price action. Related Reading: LINK Sudden Breakdown Sparks Fears Of Collapse To $12.5 Support Zone If the pattern continues, SOL/BTC could be poised for a 50% drop to 0.0008, sending Solana’s price to the $70 region. Meanwhile, Altcoin Sherpa considers the $90-$125 region a “good area overall” to purchase, as he doesn’t believe that Solana is “dead.” The analyst added that SOL will likely recover from the lows but expects some volatility. As of this writing, SOL trades at $141.36, a 45% decline in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

#bitcoin #crypto #etf #altcoins #cryptocurrency market news #litecoin #ltc

Litecoin (LTC) is currently attempting to sustain its position above the critical $120 threshold, eliciting concern among investors. Related Reading: $34 XRP? Analyst Spots A Crucial Setup For A Major Rally The crypto is presently valued at $112, reflecting a 9% decline over the past 24 hours, making its trajectory a topic of interest for investors amid a broader market downturn that has led to over $250 million in liquidations across cryptocurrency exchanges. In light of the escalating selling pressure, is it plausible for LTC to evade hitting lower support levels in the near future? Network Growth Defies Price Action Still, despite the adverse price swings, Litecoin’s basic network metrics present a different story. Higher than the 30-day average of 8.15 million, the overall count of addresses now stands at over 8 million. Concurrent with this growth in transaction volume—which has quadrupled from $3.70 billion to $11.30 billion over the past six months—are other developments. These basic indicators show a strong adoption rate that contrasts sharply with the present price downturn, therefore creating an interesting scenario for market observers. #Litecoin $LTC faced rejection at the $135 resistance, which could lead to a pullback toward support at $98! pic.twitter.com/UchvWgc6G8 — Ali (@ali_charts) February 23, 2025 Technical Patterns Indicate Potential Downturn Ali Martinez, a known crypto analyst, has detected a parallel channel formation on the daily chart of Litecoin that concerns him. This technical structure, in conjunction with a double-top reversal pattern at the upper boundary, suggests that there is ongoing downward pressure that could lead LTC to the midline of the channel, which is approximately $115. The parallel channel’s lower band is around the $98 threshold. If the decline reaches the mid-line at $115, bears will probably test the lower boundary line. This will be Litecoin’s second decline below the $100 milestone. Derivatives Data Shows Mixed Sentiment Divergent signals about Litecoin’s future abound from the derivatives market. While the general long-to-short ratio is 0.90, which suggests that there are rather more negative than optimistic holdings, the ratios of important exchanges like Binance and OKExchange are more positive. This divergence suggests that despite the broader market’s uncertainty, prominent traders with larger accounts remain confident. In the past 24 hours, the market’s volatility was further exemplified by liquidation data, which showed that bulls suffered $2.70 million in losses while bears took a $440 hit. Related Reading: Chainlink Activity Spikes—2,300 Fresh Addresses In Last 7 Weeks Strategic Opportunities Emerge From Volatility The current state of the Litecoin market is a critical turning point for investors. If you are looking at the bigger picture, the possible pullback to the $98 support level could be a great time to get in, as long as it happens. If the price breaks clearly above $135, it could start a bigger rebound phase and show that the price is once again moving up. Featured image from Gemini Imagen, chart from TradingView