Crypto Weekly Recap: Volatility, Big Bets, and Regulatory Shakeups
The past week in crypto was anything but quiet. Bitcoin took a hard hit, dropping below $84,000 after a massive $115 billion sell-off wiped out recent gains. Ethereum followed suit, weakening further against Bitcoin and reaching a five-year low in that ratio. Market watchers point to broader economic uncertainty as the main driver but look at it now $BTC
Meanwhile, GameStop made headlines by announcing its investment in Bitcoin. Despite reporting a 28% drop in quarterly revenue, the stock jumped 12% after the crypto news. It's the latest example of a traditional company turning to digital assets in search of new momentum.
Regulation was also in the spotlight. The FDIC made a surprising move by pulling back guidance that previously required banks to get approval before dealing with crypto. This opens the door for more traditional financial institutions to re-enter the space.
At the same time, political drama unfolded. President Trump pardoned the founders of crypto exchange BitMEX, raising eyebrows about selective enforcement. On top of that, concerns are growing over his family's crypto firm, which is preparing to launch a stablecoin called USD1. Lawmakers are pressing for transparency to ensure there’s no regulatory favoritism.
Lastly, a disturbing trend emerged: crypto millionaires are increasingly being targeted in violent crimes. Influencer Amouranth was recently attacked in a home invasion where assailants demanded access to her crypto holdings. It’s a grim reminder that as digital wealth grows, so do real-world risks.
Crypto remains a fast-moving, high-stakes space where innovation, politics, and security are constantly intersecting. Stay sharp—things change quickly here. #Write2Earn
The best cryptocurrency to invest in depends on your risk tolerance, investment timeline, and whether you're looking for long-term value or short-term gains. Here's a breakdown of current top picks across categories: 1. Low-Risk, Long-Term (Blue Chips) Bitcoin Why: Most widely adopted, considered digital gold, institutional support growing. Ideal For: Long-term holders, safe-haven seekers Ethereum Why: Smart contract leader, upcoming "Pectra" upgrade, DeFi and NFT ecosystem. Ideal For: Tech bel
$BTC Whether it's wise to sell Bitcoin now depends on your personal financial goals, risk tolerance, and market conditions. Here are some factors to consider:
1. Current Market Conditions
If Bitcoin is near a recent high and you're sitting on significant profits, it might be a good time to take some gains.
If it's experiencing a dip, you may want to wait, unless you believe further declines are likely.
2. Your Investment Goals
Are you a long-term holder (believer in Bitcoin's future)?
Do you need the funds for something important soon?
Are you rebalancing your portfolio?
3. Macro Trends
Institutional interest, halving cycles (most recent in April 2024), and regulation news can impact price in the short and long term.
4. Risk Management
Selling part of your holdings can lock in profits while keeping some exposure to future upside.
**CRYPTOCURRENCY TRENDING ** As of April 3, 2025, several cryptocurrencies are gaining significant attention in the market. Here are some of the top trending cryptocurrencies:
**Dogecoin (DOGE)** Dogecoin has seen increased accumulation by large holders, with approximately 210 million coins acquired recently, indicating strong buying interest.
**Immutable (IMX)** IMX has experienced a significant uptick in net flow from large holders, suggesting heightened confidence among major investors.
**LayerZero (ZRO)** ZRO has seen a notable increase in holdings by addresses with substantial balances, reflecting growing optimism about its potential.
**Ripple (XRP)** Following the conclusion of the SEC lawsuit, XRP is positioned for potential growth, with the resolution removing a significant barrier to its advancement.
**Solana (SOL)** Solana is approaching key resistance levels, and surpassing these could lead to new all-time highs.
**Please remember that the cryptocurrency market is highly volatile. It's essential to conduct thorough research and consider your risk tolerance before making any investment decisions.**
#DEATHCROSS A death cross in Bitcoin refers to a technical analysis pattern where the 50-day moving average (MA) crosses below the 200-day moving average (MA). This crossover is often seen as a bearish signal, indicating potential further declines in price.Current Bitcoin Death Cross Situation (April 2025):Bitcoin is approaching a death cross, which some analysts view as a warning of possible future losses.However, historical data shows that while the death cross can signal short-term weakness, it doesn’t always lead to long-term bear markets.
Bitcoin previously experienced a death cross in early 2022, after which prices remained weak for months before recovering.Implications for Bitcoin Price:Some traders see the death cross as a sell signal, expecting further downward movement.Others argue that since Bitcoin has already fallen significantly from its all-time high (~$110,000), the pattern may be a lagging indicator rather than a predictor of future losses.