CRYPTO MARKET RECOVERED FROM LONG 3 MONTHS OF DECLINE, POSSIBLE TREND REVERSAL IN SIGHT?
The cryptocurrency market has shown strong signs of recovery in recent months, driven by significant government and corporate initiatives.
In November 2024, Bitcoin reached an all-time high by surpassing $75,000, driven by the likely re-election of Donald Trump to the presidency of the United States. During his campaign, Trump promised to create a 'strategic national Bitcoin reserve' and turn the U.S. into the 'crypto capital of the planet,' measures that boosted confidence in the cryptocurrency market.
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Linear Finance, a decentralized protocol specializing in instant creation of synthetic tokens with infinite liquidity, has stood out in the DeFi ecosystem for its recent innovations and resilience in the face of challenges.
Launch of the Multichain Perpetual Decentralized Exchange
On December 9, 2024, Linear Finance launched its multichain perpetual decentralized exchange, an advanced platform that allows users to trade perpetual contracts with leverage across various digital assets. The platform offers compatibility with multiple blockchains, a customizable interface, and settlement in USDC, aiming to provide a stable and efficient trading experience.
Bitcoin querendo fazer pivô de alta em 95k se fechar acima desse valor e romper os 106k ,possivelmente irá buscar o 150k ae poderemos afirmar uma altseason
ADA Cardano, XRP, and Solana performed well after Trump's statement about adding them to the U.S. strategic reserve 72001247256 73658523522 20462940226
On March 2, 2025, the President of the United States, Donald Trump, announced the creation of a strategic cryptocurrency reserve, including Cardano (ADA) among the selected assets. In addition to ADA, the reserve will also include XRP, Solana (SOL), Bitcoin (BTC), and Ethereum (ETH).
The announcement had a significant impact on the cryptocurrency market. The value of ADA increased from $62,163,414,5570.68 to nearly $62,163,414,5571, representing a jump of approximately 47%. XRP rose from $62,163,414,5572.23 to $62,163,414,5572.99, while SOL went from $62,163,414,557140 to $62,163,414,557168. Bitcoin recorded a 9% increase, reaching $62,163,414,55793.000, adding $62,163,414,557166 billion to its market value.
The initiative aims to strengthen the cryptocurrency industry in the U.S. by providing government support to the sector. This move is part of a series of Republican policies aimed at positioning the U.S. as the 'crypto capital of the world.' The government also banned the Federal Reserve from developing a digital dollar and suggested future tariffs on products from Mexico, Canada, and China.
Although the announcement boosted cryptocurrency prices, there are concerns about the functionality of the reserve and the safety of investors, especially after previous setbacks in the industry. The government is expected to provide more details about the operation of the reserve and investor protection measures in the coming weeks.
A new wave of payments from FTX is expected in April, a large number of experienced clients will be reimbursed
The cryptocurrency platform FTX, which filed for bankruptcy in 2022, received court approval for its reorganization plan in January 2025. This plan aims to fully reimburse clients, utilizing approximately US$8.1 billion in assets recovered since the collapse of the exchange.
The restitution process began on February 18, 2025, with the first round of payments intended for creditors with claims of up to US$8.1 million. So far, about US$8.1 million has already been distributed, benefiting approximately 162,000 accounts. The next round of reimbursements is scheduled for April 11, 2025, covering larger amounts and creditors who have not yet received their payments.
The reimbursement plan was structured based on a series of agreements involving clients, creditors, U.S. government agencies, and liquidators responsible for FTX's international operations. The priority is to reimburse the clients of the cryptocurrency exchange before addressing other claims. FTX plans to reimburse 98% of its clients — those who had up to US$8.1 million on the platform — within 60 days.
The approval and implementation of this plan represent a significant advancement in the attempt to mitigate the impacts of FTX's collapse on its investors and the cryptocurrency market in general. FTT #FTXrepayment #BTC #ETH #Xrp🔥🔥
🚀🚀🚀 billions of dollars will be injected into the American economy and will benefit risk markets🚀🚀🚀
The United States Department of the Treasury recently announced extraordinary measures to continue honoring its financial commitments after reaching the public debt ceiling. In a letter to Congress, Treasury Secretary Janet Yellen informed about the temporary suspension of debt issuance and the interruption of investments in the Public Service Retirement and Disability Fund (CSRDF) until June 5 of this year.
With the suspension of the debt ceiling, the Treasury resumed the issuance of bonds, planning total borrowings of US$ 726 billion in the April to June quarter, aiming for a cash balance of US$ 550 billion by the end of June.
However, Federal Reserve officials expressed concern about possible upward pressures on short-term money market rates due to additional Treasury bond issuance to replenish the Treasury General Account (TGA) balance. This pressure could lead to a decline in the use of reverse repurchase facilities.
These measures and concerns reflect the ongoing efforts of the U.S. government to manage its financial obligations and the potential impact on risk markets.
Red Stone has skyrocketed in price even after its launch on the Launchpool.
RedStone is a modular blockchain oracle designed to provide fast, secure, and scalable price feeds for the DeFi ecosystem. Competing with names like Chainlink and Pyth Network, the solution aims to gain adoption in the market.
🔥🔥🔥latest news the market will move, trump will make an investment announcement today, who knows it may be in the crypto sector again, there is a great possibility of Bitcoin being mentioned.
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The cryptocurrency MyShell (SHELL) was recently listed on Binance, the largest cryptocurrency exchange by trading volume. Trading of the SHELL token started on February 27, 2025, at 1 PM UTC, with pairs available against BTC, USDT, USDC, BNB, FDUSD, and TRY.
MyShell is a decentralized platform that connects consumers, creators of artificial intelligence (AI) agents, and open-source researchers. The SHELL token serves as a governance and utility tool within the ecosystem, allowing holders to access premium resources, support creators, and make payments on the platform.
Following the announcement of the listing on Binance, the price of SHELL recorded a significant increase, rising over 40% and reaching a new all-time high of US$ 0.68. Currently, the price of SHELL is US$ 0.603522. #Shell #Lauchpool