Clarita Harpold lC78

Bitcoin’s Uncertain Path: Rebound or More Pain Ahead?Bitcoin’s Uncertain Path: Rebound or More Pain Ahead? Price struggling to reclaim lost ground after a sharp drop A key support zone is holding—bulls fighting to stay in control Downtrend remains intact, but signs of potential relief rally emerging Bitcoin’s latest dip sent prices tumbling to a critical level, where buyers stepped in to prevent further damage. The chart suggests that BTC found some footing near a major support zone, and the price has started to climb back up. But don’t get too excited yet—this isn’t the first time we’ve seen a bounce in a bearish structure. For bulls to regain full control, BTC needs to push above its recent lower high. If that happens, it could trigger more confidence in the market, bringing in sidelined buyers. However, if the price fails to clear resistance and starts rolling over again, another leg down becomes likely. It’s a classic battle of momentum—one that hasn’t fully played out yet. $BTC – #Bitcoin: one last bear trap before we enter the last phase of this bull cycle. Downtrend Structure Still Looms Despite the recent relief, BTC remains in a downtrend when looking at the bigger picture. Lower highs and lower lows continue to define the price action, and unless we see a meaningful shift, the broader market sentiment leans bearish. Based on the TradingView technical analysis, Bitcoin can’t break past its next resistance level, traders may start eyeing another round of sell-offs. The real concern? If support fails, BTC could be staring at even deeper losses. Right now, buyers are keeping things steady, but hesitation remains—no one wants to be caught holding the bag if the downtrend accelerates. Bulls Are Holding the Line—For Now Bitcoin is at a crossroads. The recent bounce gives hope, but unless bulls step up with stronger momentum, this could turn into another lower high in a continued downtrend. While some indicators hint at a potential short-term recovery, the market needs confirmation. For now, Bitcoin holders are watching closely. The next few days will be critical—either BTC starts reclaiming lost ground, or sellers take control again and drive prices further south. The market isn’t showing its hand just yet, but one thing’s clear: whichever way Bitcoin moves next, it’s going to be big. Bitcoin’s Origin Bitcoin, created by the mysterious Satoshi Nakamoto, was introduced in 2009 as a decentralized digital currency. It operates on a proof-of-work blockchain, allowing peer-to-peer transactions without intermediaries. Over the years, BTC has become the benchmark asset in the crypto space, often referred to as “digital gold” due to its limited supply of 21 million coins. #BotOrNot #FlatPPI #MGXBinanceInvestment $BTC $ETH {spot}(ETHUSDT)

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Binance, the world’s largest cryptocurrency exchange by trading volume, has sold a minority stake to United Arab Emirates state-owned investment firm MGX for $2 billion.

The deal was paid in an unnamed stablecoin, Binance said in a statement on Wednesday. The crypto exchange added that the deal is the company’s first-ever institutional investment and is the biggest in the world in a crypto company. Binance didn’t disclose details, including the size of the stake, the completion date of the deal and how it would use the proceeds.
#StrategySmallestBTC #SUIETFcoming?
$BTC $ETH $SOL

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Bitcoin’s Uncertain Path: Rebound or More Pain Ahead?

Bitcoin’s Uncertain Path: Rebound or More Pain Ahead?
Price struggling to reclaim lost ground after a sharp drop
A key support zone is holding—bulls fighting to stay in control
Downtrend remains intact, but signs of potential relief rally emerging
Bitcoin’s latest dip sent prices tumbling to a critical level, where buyers stepped in to prevent further damage. The chart suggests that BTC found some footing near a major support zone, and the price has started to climb back up. But don’t get too excited yet—this isn’t the first time we’ve seen a bounce in a bearish structure.
For bulls to regain full control, BTC needs to push above its recent lower high. If that happens, it could trigger more confidence in the market, bringing in sidelined buyers. However, if the price fails to clear resistance and starts rolling over again, another leg down becomes likely. It’s a classic battle of momentum—one that hasn’t fully played out yet.
$BTC – #Bitcoin: one last bear trap before we enter the last phase of this bull cycle.
Downtrend Structure Still Looms
Despite the recent relief, BTC remains in a downtrend when looking at the bigger picture. Lower highs and lower lows continue to define the price action, and unless we see a meaningful shift, the broader market sentiment leans bearish.
Based on the TradingView technical analysis, Bitcoin can’t break past its next resistance level, traders may start eyeing another round of sell-offs. The real concern? If support fails, BTC could be staring at even deeper losses. Right now, buyers are keeping things steady, but hesitation remains—no one wants to be caught holding the bag if the downtrend accelerates.
Bulls Are Holding the Line—For Now
Bitcoin is at a crossroads. The recent bounce gives hope, but unless bulls step up with stronger momentum, this could turn into another lower high in a continued downtrend. While some indicators hint at a potential short-term recovery, the market needs confirmation.
For now, Bitcoin holders are watching closely. The next few days will be critical—either BTC starts reclaiming lost ground, or sellers take control again and drive prices further south. The market isn’t showing its hand just yet, but one thing’s clear: whichever way Bitcoin moves next, it’s going to be big.
Bitcoin’s Origin
Bitcoin, created by the mysterious Satoshi Nakamoto, was introduced in 2009 as a decentralized digital currency. It operates on a proof-of-work blockchain, allowing peer-to-peer transactions without intermediaries. Over the years, BTC has become the benchmark asset in the crypto space, often referred to as “digital gold” due to its limited supply of 21 million coins.

#BotOrNot #FlatPPI #MGXBinanceInvestment
$BTC $ETH

Gemini Listing Rumors Fuel Bullish SpeculationADA’s 17.8% Surge: Gemini Listing Rumors Fuel Bullish Speculation Cardano surged 17.8% in 36 hours, fueled by speculation of a Gemini listing and recent U.S. crypto strategic reserve discussions. Resistance at $0.8 remains key, with ADA failing to hold above it, while the liquidation heatmap suggests potential upside toward $1 if buying pressure strengthens. Traders should watch ADA’s reaction at $0.8, as a bounce could target $0.9, while a break above it might push prices to $1.03–$1.09. Cardano [ADA] just pulled off a 17.8% price surge in the last 36 hours, shaking up the charts and sparking fresh speculation. Talks are swirling that Gemini might be considering a Cardano listing—something that, coupled with the U.S. crypto strategic reserve buzz from earlier this month, could be shifting market sentiment in ADA’s favor. Interestingly, while Gemini’s co-founder didn’t seem too keen on ADA being part of the strategic reserve, he wasn’t exactly dismissing a potential listing either. So, with a retest of a well-established three-month support zone in play, is Cardano gearing up for a legitimate bullish reversal? Cardano’s Rapid Climb Might Hit a Wall ADA’s sharp rebound in the last 48 hours could largely be attributed to a strong bounce off the three-month range lows at $0.68. But—and it’s a big but—the wild volatility that followed the strategic reserve announcement left buyers struggling to hold ground. The attempt to stay above $0.8? Yeah, that didn’t last long. It initially flipped from a bearish order block to a bullish breaker, but the lack of sustained momentum meant the price slid back down. Now, with the $0.8 level lost, bulls are facing an uphill battle. The Awesome Oscillator? Bearish. The daily structure? Also bearish, though ADA’s range-bound movement in recent months suggests traders should focus more on key range levels than the overall structure itself. Notably, the 75% range level sits right at $0.8—coinciding with a key bearish order block from February. This makes it the nearest, strongest resistance to watch. Meanwhile, the CMF (Chaikin Money Flow) Indicator is barely hanging at -0.01, which means capital flows remain neutral—no significant inflows or outflows signaling major moves. Binance ADAUSDT Liquidation heatmap Cardano Liquidation Heatmap: A Magnet for Liquidity? ADA Price Forecast A quick glance at the three-month liquidation heatmap reveals a clear liquidity hotspot up at $1.17. Closer liquidity pockets are hovering at $0.634, $0.8, and $0.83, making them critical levels to monitor in the short term. Zooming in on the two-week heatmap, the liquidity landscape supports this view. ADA’s path upward is littered with liquidation levels, meaning price could get pulled higher—possibly toward the $1.00 region. However, here’s the catch: the spot market isn’t exactly buzzing with heavy buying pressure, and the broader market sentiment leans bearish. That complicates ADA’s potential upside. One key reversal zone to watch? $0.9. It aligns well with the mid-range level at $0.907—a zone where sellers could step in aggressively. Trade Setup? Here’s the Play Traders might want to wait and see how ADA reacts at $0.8. If it manages a sustained bounce, a move toward $0.9 could be on the table. Beyond that, $1.03 and $1.09 would be the next logical targets—assuming ADA finds enough momentum to break past bearish pressure. For now, it’s a game of patience. The market’s flashing mixed signals, and ADA is walking a fine line between continuation and rejection. Buckle up.#BotOrNot #FlatPPI #FollowTheLeadTrader $ETH {future}(ETHUSDT) $BNB {spot}(BNBUSDT) $BTC

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Gemini Listing Rumors Fuel Bullish Speculation

ADA’s 17.8% Surge: Gemini Listing Rumors Fuel Bullish Speculation
Cardano surged 17.8% in 36 hours, fueled by speculation of a Gemini listing and recent U.S. crypto strategic reserve discussions.
Resistance at $0.8 remains key, with ADA failing to hold above it, while the liquidation heatmap suggests potential upside toward $1 if buying pressure strengthens.
Traders should watch ADA’s reaction at $0.8, as a bounce could target $0.9, while a break above it might push prices to $1.03–$1.09.
Cardano [ADA] just pulled off a 17.8% price surge in the last 36 hours, shaking up the charts and sparking fresh speculation.
Talks are swirling that Gemini might be considering a Cardano listing—something that, coupled with the U.S. crypto strategic reserve buzz from earlier this month, could be shifting market sentiment in ADA’s favor. Interestingly, while Gemini’s co-founder didn’t seem too keen on ADA being part of the strategic reserve, he wasn’t exactly dismissing a potential listing either.
So, with a retest of a well-established three-month support zone in play, is Cardano gearing up for a legitimate bullish reversal?
Cardano’s Rapid Climb Might Hit a Wall
ADA’s sharp rebound in the last 48 hours could largely be attributed to a strong bounce off the three-month range lows at $0.68. But—and it’s a big but—the wild volatility that followed the strategic reserve announcement left buyers struggling to hold ground.
The attempt to stay above $0.8? Yeah, that didn’t last long. It initially flipped from a bearish order block to a bullish breaker, but the lack of sustained momentum meant the price slid back down. Now, with the $0.8 level lost, bulls are facing an uphill battle.
The Awesome Oscillator? Bearish.
The daily structure? Also bearish, though ADA’s range-bound movement in recent months suggests traders should focus more on key range levels than the overall structure itself.
Notably, the 75% range level sits right at $0.8—coinciding with a key bearish order block from February. This makes it the nearest, strongest resistance to watch.
Meanwhile, the CMF (Chaikin Money Flow) Indicator is barely hanging at -0.01, which means capital flows remain neutral—no significant inflows or outflows signaling major moves.
Binance ADAUSDT Liquidation heatmap
Cardano Liquidation Heatmap: A Magnet for Liquidity?
ADA Price Forecast
A quick glance at the three-month liquidation heatmap reveals a clear liquidity hotspot up at $1.17. Closer liquidity pockets are hovering at $0.634, $0.8, and $0.83, making them critical levels to monitor in the short term.
Zooming in on the two-week heatmap, the liquidity landscape supports this view. ADA’s path upward is littered with liquidation levels, meaning price could get pulled higher—possibly toward the $1.00 region.
However, here’s the catch: the spot market isn’t exactly buzzing with heavy buying pressure, and the broader market sentiment leans bearish. That complicates ADA’s potential upside.
One key reversal zone to watch? $0.9. It aligns well with the mid-range level at $0.907—a zone where sellers could step in aggressively.
Trade Setup? Here’s the Play
Traders might want to wait and see how ADA reacts at $0.8. If it manages a sustained bounce, a move toward $0.9 could be on the table. Beyond that, $1.03 and $1.09 would be the next logical targets—assuming ADA finds enough momentum to break past bearish pressure.
For now, it’s a game of patience. The market’s flashing mixed signals, and ADA is walking a fine line between continuation and rejection. Buckle up.#BotOrNot #FlatPPI #FollowTheLeadTrader
$ETH
$BNB
$BTC

ADA

IS THE Market losing steam?Is the Market Losing Steam? Why Analysts Fear a Drop to $60K Crypto trading volume plunges 63% since February, hitting $163B, signaling potential trader exhaustion. Analysts warn price gains without volume could reverse, highlighting fragility in recent recovery. The cryptocurrency market has shown tentative recovery, with a global market cap of $2.71 trillion, reflecting a 1.13% increase, per CoinMarketCap. However, analysts caution that declining trading volumes and stagnant price movements signal underlying weaknesses. Crypto trading volume peaked at $590 billion in February during dip-buying frenzies but has since plummeted 63% to $163 billion as of March 12, according to ETHNews. Crypto-Market-Cap CoinMarketCap data similarly shows trading volume retreating 52% from its March 2025 high. Analytics firm Santiment noted on X that trading volume has steadily dropped since its February 27 peak. “DECLINING VOLUME DURING PRICE REBOUNDS, LIKE THOSE SEEN RECENTLY, OFTEN REFLECTS WANING TRADER ENTHUSIASM,” THE FIRM STATED. Persistent low participation hints at exhaustion and capitulation among investors, undermining the sustainability of upward trends. Is This a Bearish Signal? While the drop in volume doesn’t confirm a bear market, it underscores skepticism about current price levels. ETHNews analysts warn that without a surge in buying pressure, short-term gains risk reversal. “RECOVERIES REQUIRE BOTH RISING PRICES AND VOLUME TO VALIDATE TRENDS,” ONE OBSERVER NOTED. The Crypto Fear & Greed Index, lingering at 45 (below the neutral 50 threshold), highlights persistent uncertainty. Geopolitical factors, such as Trump’s tariffs, further cloud market sentiment. Altcoin Sherpa, has outlined two potential paths for Bitcoin (BTC) amid heightened market volatility With Bitcoin currently trading at $82,757—nearly flat over 24 hours—Sherpa emphasized that a breakdown below the $78,000 support level could trigger a sharp decline to the mid-$60,000 range. Conversely, reclaiming $90,000 could position BTC to retest its all-time high of $109,000. “Bitcoin’s immediate fate hinges on $78,000” the trader told 244,000 followers on X. “A BREACH COULD LEAD TO $60,000, WHILE A RECOVERY TO $90,000 MIGHT REVIVE BULLISH MOMENTUM. UNTIL THEN, VOLATILITY WILL DOMINATE BEFORE A CLEAR BOTTOM FORMS.” The analyst also highlighted Aptos (APT), a layer-1 blockchain, suggesting it may have found a short-term floor after bouncing off $4.80. Despite a 7.8% drop in the last day, APT trades at $5.12, with Altcoin Sherpa noting its relative stability since early February. “SOME ALTCOINS, LIKE APT AND ACT, HAVE MAINTAINED LOWS DESPITE BROADER MARKET SWINGS, SIGNALING POTENTIAL BOTTOMS,” HE ADDED. Bitcoin’s price trajectory remains uncertain as traders weigh macroeconomic factors and regulatory developments. The analyst cautioned against impulsive moves, urging patience amid choppy price action. “EXPECT TURBULENCE UNTIL A CLEAR BOTTOM EMERGES,” HE STATED. As of today, Bitcoin (BTC) is trading at $80,617, reflecting a 3.59% decline in the past 24 hours. Over the past week, BTC has dropped by 11.06%, and over the past month, it has decreased by 17.34%. Despite this correction, Bitcoin remains 33.06% higher in the last six months and is up 12.73% year-over-year.#BotOrNot #FollowTheLeadTrader $BTC {spot}(BTCUSDT) $ETH

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IS THE Market losing steam?

Is the Market Losing Steam? Why Analysts Fear a Drop to $60K
Crypto trading volume plunges 63% since February, hitting $163B, signaling potential trader exhaustion.
Analysts warn price gains without volume could reverse, highlighting fragility in recent recovery.
The cryptocurrency market has shown tentative recovery, with a global market cap of $2.71 trillion, reflecting a 1.13% increase, per CoinMarketCap. However, analysts caution that declining trading volumes and stagnant price movements signal underlying weaknesses.
Crypto trading volume peaked at $590 billion in February during dip-buying frenzies but has since plummeted 63% to $163 billion as of March 12, according to ETHNews.
Crypto-Market-Cap
CoinMarketCap data similarly shows trading volume retreating 52% from its March 2025 high.
Analytics firm Santiment noted on X that trading volume has steadily dropped since its February 27 peak.
“DECLINING VOLUME DURING PRICE REBOUNDS, LIKE THOSE SEEN RECENTLY, OFTEN REFLECTS WANING TRADER ENTHUSIASM,” THE FIRM STATED.
Persistent low participation hints at exhaustion and capitulation among investors, undermining the sustainability of upward trends.
Is This a Bearish Signal?
While the drop in volume doesn’t confirm a bear market, it underscores skepticism about current price levels. ETHNews analysts warn that without a surge in buying pressure, short-term gains risk reversal.
“RECOVERIES REQUIRE BOTH RISING PRICES AND VOLUME TO VALIDATE TRENDS,” ONE OBSERVER NOTED.
The Crypto Fear & Greed Index, lingering at 45 (below the neutral 50 threshold), highlights persistent uncertainty. Geopolitical factors, such as Trump’s tariffs, further cloud market sentiment.
Altcoin Sherpa, has outlined two potential paths for Bitcoin (BTC) amid heightened market volatility
With Bitcoin currently trading at $82,757—nearly flat over 24 hours—Sherpa emphasized that a breakdown below the $78,000 support level could trigger a sharp decline to the mid-$60,000 range. Conversely, reclaiming $90,000 could position BTC to retest its all-time high of $109,000.
“Bitcoin’s immediate fate hinges on $78,000” the trader told 244,000 followers on X.
“A BREACH COULD LEAD TO $60,000, WHILE A RECOVERY TO $90,000 MIGHT REVIVE BULLISH MOMENTUM. UNTIL THEN, VOLATILITY WILL DOMINATE BEFORE A CLEAR BOTTOM FORMS.”
The analyst also highlighted Aptos (APT), a layer-1 blockchain, suggesting it may have found a short-term floor after bouncing off $4.80. Despite a 7.8% drop in the last day, APT trades at $5.12, with Altcoin Sherpa noting its relative stability since early February.
“SOME ALTCOINS, LIKE APT AND ACT, HAVE MAINTAINED LOWS DESPITE BROADER MARKET SWINGS, SIGNALING POTENTIAL BOTTOMS,” HE ADDED.
Bitcoin’s price trajectory remains uncertain as traders weigh macroeconomic factors and regulatory developments. The analyst cautioned against impulsive moves, urging patience amid choppy price action.
“EXPECT TURBULENCE UNTIL A CLEAR BOTTOM EMERGES,” HE STATED.
As of today, Bitcoin (BTC) is trading at $80,617, reflecting a 3.59% decline in the past 24 hours.
Over the past week, BTC has dropped by 11.06%, and over the past month, it has decreased by 17.34%. Despite this correction, Bitcoin remains 33.06% higher in the last six months and is up 12.73% year-over-year.#BotOrNot #FollowTheLeadTrader $BTC
$ETH

APT

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#BotOrNot #FollowTheLeadTrader #MGXBinanceInvestment
California Senator endorses Bitcoiner for seat on
$500b pension fund board

California State Senator Ben Allen is eyeing further pro-crypto representation with an endorsement of Dom Bei for election to the board of California’s public pension fund.

Bei is the founder of Proof of Workforce, a Bitcoin Bitcoin
btc
-1.13%
Bitcoin non-profit focused on promoting BTC adoption via educational initiatives targeting workers, unions and pension funds. He is in the race to join the California Public Employees’ Retirement System, CalPERS, as a board member.

Notably, CalPERS is the largest public pension fund in the United States with over $500 billion and serves more than 2 million public retirement system members. CalPERS manages the retirement assets of California’s police department, firefighters and teachers among others.

The pension fund also counts over 1.5 million individuals as members of its health program.$BTC $ETH $BNB

Trump checks out Teslas at White House as Musk's auto company stock sinks ByPOLITICS Trump checks out Teslas at White House as Musk's auto company stock sinks The US-Canada trade war is causing stock market volatility. As Tesla's bottom line continues to slide downward, Elon Musk on Tuesday received maybe an unsurprising endorsement from a potential new owner of one of his EVs: President Donald Trump. Musk, joined by his 4-year-old son X, delivered three Tesla models, including a Cybertruck, to the White House Tuesday afternoon, just hours after Trump, who does not currently drive, vowed to buy one to support Musk. "I just want people to know that you can't be penalized for being a patriot," Trump told reporters during a photo op with the cars and Musk. "People should be going wild, and they love the product." The president got into the seat of one the cars and claimed that he was going to buy one of the cars and leave it at the White House for his staff to use. "I'm going to let people at the place use it, and they are all excited about that I'm not allowed to use it," he said. Trump's announcement came as Tesla has been taking a massive hit over the last two months, including recent protests and slumping sales overseas. Stock in the company has dropped every week since Musk went to Washington, wiping out more than $700 billion in market value. And Musk's personal net worth has dropped $148 billion since Inauguration Day, according to the Bloomberg Billionaire Index. "This means a lot, and also thank everyone out there who is supporting Tesla," Musk said. Trump previously criticized EVs, claiming that they are too costly, inefficient and not in demand. However, he admitted in August on the campaign trail that he had to change his tune after Musk endorsed his candidacy. "I'm for electric cars. I have to be because Elon endorsed me very strongly," he told a crowd at a rally. However, since taking office Trump has vowed to end federal incentives for EV purchases and signed an executive order that undid President Joe Biden's goal to have half of all cars sold in 2030 be an EV. It is an unspoken rule that current and former presidents aren't allowed to drive on open roads.$BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) #UkraineRussiaCeasefire #MasterTheMarket #

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Trump checks out Teslas at White House as Musk's auto company stock sinks By

POLITICS
Trump checks out Teslas at White House as Musk's auto company stock sinks

The US-Canada trade war is causing stock market volatility.
As Tesla's bottom line continues to slide downward, Elon Musk on Tuesday received maybe an unsurprising endorsement from a potential new owner of one of his EVs: President Donald Trump.
Musk, joined by his 4-year-old son X, delivered three Tesla models, including a Cybertruck, to the White House Tuesday afternoon, just hours after Trump, who does not currently drive, vowed to buy one to support Musk.
"I just want people to know that you can't be penalized for being a patriot," Trump told reporters during a photo op with the cars and Musk. "People should be going wild, and they love the product."

The president got into the seat of one the cars and claimed that he was going to buy one of the cars and leave it at the White House for his staff to use.
"I'm going to let people at the place use it, and they are all excited about that I'm not allowed to use it," he said.
Trump's announcement came as Tesla has been taking a massive hit over the last two months, including recent protests and slumping sales overseas.
Stock in the company has dropped every week since Musk went to Washington, wiping out more than $700 billion in market value. And Musk's personal net worth has dropped $148 billion since Inauguration Day, according to the Bloomberg Billionaire Index.
"This means a lot, and also thank everyone out there who is supporting Tesla," Musk said.
Trump previously criticized EVs, claiming that they are too costly, inefficient and not in demand.
However, he admitted in August on the campaign trail that he had to change his tune after Musk endorsed his candidacy.
"I'm for electric cars. I have to be because Elon endorsed me very strongly," he told a crowd at a rally.
However, since taking office Trump has vowed to end federal incentives for EV purchases and signed an executive order that undid President Joe Biden's goal to have half of all cars sold in 2030 be an EV.
It is an unspoken rule that current and former presidents aren't allowed to drive on open roads.$BTC
$ETH
#UkraineRussiaCeasefire #MasterTheMarket #

What Happened in Crypto Today: Bitcoin Cannot Drop Below This Level… Table of Contents Crypto NewsWhat Happened in Crypto Today: Bitcoin Cannot Drop Below This Level… Table of Contents Crypto News What Happened in Crypto Today: Bitcoin Cannot Drop Below This Level… By yameen Here is a 2-minute breakdown of everything important that happened in crypto today.# What Happened in Crypto Today: Bitcoin Cannot Drop Below This Level… Table of Contents The US Wants Bitcoin The Government Bitcoin Stockpile Is Coming The Next Crypto ETF Nobody Saw Coming The Great Solana Escape Bitcoin Cannot Go Below This Level? A famous prediction tool just declared Bitcoin price floor, and it's making waves through the space. With Bitcoin bouncing between $79K and $92K, everyone's feeling the volatility whiplash. But amidst the chaos, a prediction tool with a solid track record just drew a line in the sand. And honestly? It might be exactly what we needed to hear right now. Because when markets swing like a pendulum, sometimes a simple prediction can be the anchor that keeps investors from losing their minds. So what's happening in crypto today? Let's make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours: Bitcoin surged past $90,000 as Trump might ease controversial tariffs on Canada and Mexico. But what exactly is causing investors to worry about recession risks? 🤔 Friday will reveal America's crypto reserve plans, with Bitcoin getting special treatment according to Commerce Secretary Lutnick. Will more crypto be revealed on Friday? 🚀 Bitwise shocked the crypto world by filing for a spot Aptos ETF with the SEC. But why not SUI? 📊 Investors yanked a staggering $485 million from Solana last month as capital fled to perceived safe havens. But what exactly is causing investors to abandon Solana so rapidly? 💸 A famous Bitcoin prediction tool declared Bitcoin's eternal price floor. But what is it? 🧐 Let's dive in! The US Wants Bitcoin Bitcoin surged past $90,000 today as whispers spread that Trump might ease his controversial tariffs on Canada and Mexico. Commerce Secretary Lutnick hinted that tariff negotiations could bring amendments as soon as today, instantly igniting crypto markets. Bitcoin's recovery comes after touching $79,000 last week before bouncing back on news of Trump's "strategic crypto reserve" plan. While crypto celebrates, some analysts remain worried. Greg Magadini from Amberdata warns the market is starting to price in recession risks as trade tensions escalate. What does that mean? Read the full story! The Government Bitcoin Stockpile Is Coming Friday will finally reveal America's crypto reserve plans, with Bitcoin getting special treatment according to Commerce Secretary Lutnick. In his revealing interview, Lutnick confirmed that while Bitcoin holds unique status, other cryptocurrencies will be "treated differently—positively, but differently." The announcement coincides with the White House's first crypto summit featuring industry heavyweights like Coinbase CEO Brian Armstrong and Strategy chairman Michael Saylor. Will more crypto be revealed on Friday? Read the full story! The Next Crypto ETF Nobody Saw Coming Bitwise just shocked the crypto world by filing for a spot Aptos ETF with the SEC, betting big on the rising Layer-1 blockchain. This strategic move follows their Delaware registration of a "Bitwise Aptos ETF" entity just last week, signaling serious intentions. But why not SUI? Read the full story! The Great Solana Escape Investors yanked a staggering $485 million from Solana last month as capital fled to perceived safe havens. Most outflows redirected to Ethereum, Arbitrum, and BNB Chain as uncertainty gripped the market. This exodus is part of a broader "flight to safety" trend, with Bitcoin's dominance climbing as investors seek refuge in established assets. But what exactly is causing investors to abandon Solana so rapidly? Read the full story! Bitcoin Cannot Go Below This Level? A famous Bitcoin prediction tool with an impressive track record just declared $69,000 as Bitcoin's eternal price floor. Network economist Timothy Peterson revealed this threshold from his "Lowest Price Forward" metric, claiming a 95% chance Bitcoin won’t drop below this level again. This same tool correctly predicted in 2020 that Bitcoin would never revisit four-digit prices. Peterson remains wildly optimistic long-term, projecting a $1.5 million Bitcoin price within the next decade. But if his prediction is so reliable, why aren't institutional investors pouring in at current prices?#MarketPullback #WhiteHouseCryptoSummit #TexasBTCReserveBill $BTC {spot}(BTCUSDT) $SOL $BNB

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Crypto selling spree resumes as the week begins

The crypto market began the week on a muted note as traders saw crypto selling pressures take off, likely due to a host of different reasons.
A day after analysts predicted an uptrend in BTC, the token shed value, losing its $26000 support. Experts have claimed it could be a temporary setback. Most believe Bitcoin could climb up towards its moving averages within a few weeks.
Although Bitcoin has been staging a range-bound movement with low volatility for days, it hasn’t lost support from traders. Its price stability has promoted long-term investors to raise stakes in other crypto tokens. BTC is already showing signs of reclaiming its $26000 support and starting a movement towards its next resistance.
Ethereum is holding on to $1600, with an overall market cap of $198 billion. In contrast, Bitcoin’s overall capitalization is balanced above $500 billion. The crypto market cap lost value by 1.5% in the last 24 hours, but it’s $1 trillion value is steady.
The low volatility factor in the crypto market has been a roadblock for bulls in the last few days. Any increase in capital inflow would be necessary for a short-term uptrend. Dogecoin, XRP, BNB, Cardano, TRON, and a few other tokens have seen positive seven-day averages in the market.

BTC/USD 1D price chart
Bitcoin is currently trading at around $25900 on August 28, 2023, with BTC/USD trading lower by 0.4% in the last 24 hours. BTC/USD is trading lower than its 20-day EMA (28,089.32) as BTC’s 24-hour volume stayed at around $5.8 billion. Bitcoin has seen around 56.37% returns on a year-to-date basis#CryptoMarketWatch #MarketPullback $BTC $ETH

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What Happened in Crypto Today: Bitcoin Cannot Drop Below This Level… Table of Contents Crypto News

What Happened in Crypto Today: Bitcoin Cannot Drop Below This Level…

Table of Contents
Crypto News
What Happened in Crypto Today: Bitcoin Cannot Drop Below This Level…
By yameen

Here is a 2-minute breakdown of everything important that happened in crypto today.#
What Happened in Crypto Today: Bitcoin Cannot Drop Below This Level…
Table of Contents
The US Wants Bitcoin
The Government Bitcoin Stockpile Is Coming
The Next Crypto ETF Nobody Saw Coming
The Great Solana Escape
Bitcoin Cannot Go Below This Level?
A famous prediction tool just declared Bitcoin price floor, and it's making waves through the space.

With Bitcoin bouncing between $79K and $92K, everyone's feeling the volatility whiplash. But amidst the chaos, a prediction tool with a solid track record just drew a line in the sand.

And honestly? It might be exactly what we needed to hear right now.

Because when markets swing like a pendulum, sometimes a simple prediction can be the anchor that keeps investors from losing their minds.

So what's happening in crypto today? Let's make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours:

Bitcoin surged past $90,000 as Trump might ease controversial tariffs on Canada and Mexico. But what exactly is causing investors to worry about recession risks? 🤔
Friday will reveal America's crypto reserve plans, with Bitcoin getting special treatment according to Commerce Secretary Lutnick. Will more crypto be revealed on Friday? 🚀
Bitwise shocked the crypto world by filing for a spot Aptos ETF with the SEC. But why not SUI? 📊
Investors yanked a staggering $485 million from Solana last month as capital fled to perceived safe havens. But what exactly is causing investors to abandon Solana so rapidly? 💸
A famous Bitcoin prediction tool declared Bitcoin's eternal price floor. But what is it? 🧐
Let's dive in!

The US Wants Bitcoin
Bitcoin surged past $90,000 today as whispers spread that Trump might ease his controversial tariffs on Canada and Mexico.

Commerce Secretary Lutnick hinted that tariff negotiations could bring amendments as soon as today, instantly igniting crypto markets.

Bitcoin's recovery comes after touching $79,000 last week before bouncing back on news of Trump's "strategic crypto reserve" plan.

While crypto celebrates, some analysts remain worried. Greg Magadini from Amberdata warns the market is starting to price in recession risks as trade tensions escalate.

What does that mean? Read the full story!

The Government Bitcoin Stockpile Is Coming
Friday will finally reveal America's crypto reserve plans, with Bitcoin getting special treatment according to Commerce Secretary Lutnick.

In his revealing interview, Lutnick confirmed that while Bitcoin holds unique status, other cryptocurrencies will be "treated differently—positively, but differently."

The announcement coincides with the White House's first crypto summit featuring industry heavyweights like Coinbase CEO Brian Armstrong and Strategy chairman Michael Saylor.

Will more crypto be revealed on Friday? Read the full story!

The Next Crypto ETF Nobody Saw Coming
Bitwise just shocked the crypto world by filing for a spot Aptos ETF with the SEC, betting big on the rising Layer-1 blockchain.

This strategic move follows their Delaware registration of a "Bitwise Aptos ETF" entity just last week, signaling serious intentions.

But why not SUI? Read the full story!

The Great Solana Escape
Investors yanked a staggering $485 million from Solana last month as capital fled to perceived safe havens.

Most outflows redirected to Ethereum, Arbitrum, and BNB Chain as uncertainty gripped the market.

This exodus is part of a broader "flight to safety" trend, with Bitcoin's dominance climbing as investors seek refuge in established assets.

But what exactly is causing investors to abandon Solana so rapidly? Read the full story!

Bitcoin Cannot Go Below This Level?
A famous Bitcoin prediction tool with an impressive track record just declared $69,000 as Bitcoin's eternal price floor.

Network economist Timothy Peterson revealed this threshold from his "Lowest Price Forward" metric, claiming a 95% chance Bitcoin won’t drop below this level again.

This same tool correctly predicted in 2020 that Bitcoin would never revisit four-digit prices.

Peterson remains wildly optimistic long-term, projecting a $1.5 million Bitcoin price within the next decade.

But if his prediction is so reliable, why aren't institutional investors pouring in at current prices?#MarketPullback #WhiteHouseCryptoSummit #TexasBTCReserveBill $BTC
$SOL $BNB

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Crypto leaders meet at Trump's summit with strategic reserve in focusTrump wants government to hold on to seized crypto assetsTrump: "We don't want any cost to the taxpayers"Industry leaders seek clarity on crypto regulation and scrutinyConcerns over Trump's crypto interests and conflict of interest March 7 (Reuters) - U.S. President Donald Trump wooed the cryptocurrency industry's elite at the White House on Friday, hosting a first-of-its-kind summit focused on his plans for a government-owned stockpile of digital assets. Trump welcomed a wide range of industry players including Zach Witkoff, one of the founders of the president's own crypto business, World Liberty Financial, his social media posts showed. In addition to top administration officials and lawmakers, guests in the White House's State Dining Room included MicroStrategy (MSTR.O), opens new tab CEO Michael Saylor, Coinbase co-founder and CEO Brian Armstrong, investors Cameron and Tyler Winklevoss, and entrepreneur David Bailey.A major focus of the event was Trump's goal to build a strategic reserve containing bitcoin, which he formalized in an executive order on Thursday that also said there would be a stockpile of other digital assets. That order directed the secretaries of Treasury and Commerce to develop "budget-neutral strategies" for acquiring additional bitcoin that have no "incremental costs" on taxpayers. "We don't want any cost to the taxpayers," Trump said at the summit.The reserve will be capitalized with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings, White House crypto czar David Sacks said in a post on social media platform X. Sacks told reporters at the White House that establishing a bitcoin reserve should have been done a long time ago. He said taxpayer funds would not be used to acquire digital assets and that there were existing protections in place to safeguard consumers from crypto investmentsThe plans disappointed some in the market who had hoped for a firm plan to buy new tokens. The announcement weighed on the price of bitcoin, last down 3.4% at $86,394. "This (strategic reserve) is going to be the biggest point of contention for many of us," said JP Richardson, co-founder and CEO of Exodus (EXOD.A), opens new tab, a bitcoin wallet developer. Although he owns the four coins other than bitcoin that Trump has suggested including in the reserve, he does not think they have a place in a strategic reserve.."Crypto has made big strides, but it's still a relatively nascent industry," Richardson said. Other coins are smaller and function in a very different way, one he said may create more risk.Officials invited to the summit praised Trump and executives for clearing the way for the industry's growth. Other industry executives said it was good to see the administration being collaborative with the industry after years in which some felt they were under attack over security and consumer protection issues. "For the first time, industry leaders feel they're walking into a collaborative discussion," said Les Borsai, co-founder of Wave Digital Assets, a crypto investment adviser, who said he did not receive an invitation. Trump was upbeat about the crypto industry's prospects, telling the summit, "We feel like pioneers in a way." He added: "From this day on, America will follow the rule that every bitcoin knows very well, never sell your bitcoin. That's a little phrase that they have. I don't know if that's right or not. Who the hell knows, right? Who knows? Who knows, but so far, it's been right, and well, let's keep it that way." Trump's executive order spells out that the government's own bitcoin holdings should never be sold. Treasury Secretary Scott Bessent told the event the U.S. was going to keep the dollar as the world's reserve currency and use stablecoins to do that. In a post on X, Brad Garlinghouse, CEO of technology company Ripple, who attended the summit, said he welcomed Trump's recognition that the world of cryptocurrencies stretched beyond bitcoin. XRP, the coin tied to Ripple, is one of the four other cryptocurrencies Trump has suggested may be added to a crypto reserve. Attendees said they were optimistic about working with an administration that views crypto as a mainstream asset class and expressed hope for a straightforward regulatory process. "What everyone really needs to have at this point is clarity on what the level of scrutiny and intensity of regulation will be, who the key regulators will be," said Yesha Yadav, associate dean and professor of law at Vanderbilt University. That could speed up the process of approval by the Securities and Exchange Commission of a flurry of new listings of exchange-traded funds. Trump's family has launched cryptocurrency meme coins and he also holds a stake in World Liberty Financial, a crypto platform, which has sparked some conflict-of-interest concerns. His aides have said Trump has handed over control of his business ventures, which are being reviewed by outside ethics lawyers. The White House did not respond to a request for comment. The Technology Roundup newsletter brings the latest news and trends straight to your inbox. Sign up here. Reporting by Suzanne McGee, Michelle Conlin in New York, Trevor Hunnicutt and Nandita Bose in Washington; Additional reporting by Lisa Pauline Mattackal, Elizabeth Howcroft in Paris, Alexandra Ulmer in Washington and Tommy Reggiori Wilkes in London; Editing by Megan Davies, Jacqueline Wong, Marguerita Choy, Deepa Babington and Nia Williams#WhiteHouseCryptoSummit #USCryptoSummit $BTC {spot}(BTCUSDT) $ETH

Crypto leaders meet at Trump's summit with strategic reserve in focus

Trump wants government to hold on to seized crypto assetsTrump: "We don't want any cost to the taxpayers"Industry leaders seek clarity on crypto regulation and scrutinyConcerns over Trump's crypto interests and conflict of interest
March 7 (Reuters) - U.S. President Donald Trump wooed the cryptocurrency industry's elite at the White House on Friday, hosting a first-of-its-kind summit focused on his plans for a government-owned stockpile of digital assets.
Trump welcomed a wide range of industry players including Zach Witkoff, one of the founders of the president's own crypto business, World Liberty Financial, his social media posts showed.
In addition to top administration officials and lawmakers, guests in the White House's State Dining Room included MicroStrategy (MSTR.O), opens new tab CEO Michael Saylor, Coinbase co-founder and CEO Brian Armstrong, investors Cameron and Tyler Winklevoss, and entrepreneur David Bailey.A major focus of the event was Trump's goal to build a strategic reserve containing bitcoin, which he formalized in an executive order on Thursday that also said there would be a stockpile of other digital assets.
That order directed the secretaries of Treasury and Commerce to develop "budget-neutral strategies" for acquiring additional bitcoin that have no "incremental costs" on taxpayers.
"We don't want any cost to the taxpayers," Trump said at the summit.The reserve will be capitalized with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings, White House crypto czar David Sacks said in a post on social media platform X.
Sacks told reporters at the White House that establishing a bitcoin reserve should have been done a long time ago. He said taxpayer funds would not be used to acquire digital assets and that there were existing protections in place to safeguard consumers from crypto investmentsThe plans disappointed some in the market who had hoped for a firm plan to buy new tokens. The announcement weighed on the price of bitcoin, last down 3.4% at $86,394.
"This (strategic reserve) is going to be the biggest point of contention for many of us," said JP Richardson, co-founder and CEO of Exodus (EXOD.A), opens new tab, a bitcoin wallet developer. Although he owns the four coins other than bitcoin that Trump has suggested including in the reserve, he does not think they have a place in a strategic reserve.."Crypto has made big strides, but it's still a relatively nascent industry," Richardson said. Other coins are smaller and function in a very different way, one he said may create more risk.Officials invited to the summit praised Trump and executives for clearing the way for the industry's growth. Other industry executives said it was good to see the administration being collaborative with the industry after years in which some felt they were under attack over security and consumer protection issues.
"For the first time, industry leaders feel they're walking into a collaborative discussion," said Les Borsai, co-founder of Wave Digital Assets, a crypto investment adviser, who said he did not receive an invitation.
Trump was upbeat about the crypto industry's prospects, telling the summit, "We feel like pioneers in a way."
He added: "From this day on, America will follow the rule that every bitcoin knows very well, never sell your bitcoin. That's a little phrase that they have. I don't know if that's right or not. Who the hell knows, right? Who knows? Who knows, but so far, it's been right, and well, let's keep it that way."
Trump's executive order spells out that the government's own bitcoin holdings should never be sold.
Treasury Secretary Scott Bessent told the event the U.S. was going to keep the dollar as the world's reserve currency and use stablecoins to do that.
In a post on X, Brad Garlinghouse, CEO of technology company Ripple, who attended the summit, said he welcomed Trump's recognition that the world of cryptocurrencies stretched beyond bitcoin. XRP, the coin tied to Ripple, is one of the four other cryptocurrencies Trump has suggested may be added to a crypto reserve.
Attendees said they were optimistic about working with an administration that views crypto as a mainstream asset class and expressed hope for a straightforward regulatory process.
"What everyone really needs to have at this point is clarity on what the level of scrutiny and intensity of regulation will be, who the key regulators will be," said Yesha Yadav, associate dean and professor of law at Vanderbilt University.
That could speed up the process of approval by the Securities and Exchange Commission of a flurry of new listings of exchange-traded funds.
Trump's family has launched cryptocurrency meme coins and he also holds a stake in World Liberty Financial, a crypto platform, which has sparked some conflict-of-interest concerns.
His aides have said Trump has handed over control of his business ventures, which are being reviewed by outside ethics lawyers. The White House did not respond to a request for comment.
The Technology Roundup newsletter brings the latest news and trends straight to your inbox. Sign up here.
Reporting by Suzanne McGee, Michelle Conlin in New York, Trevor Hunnicutt and Nandita Bose in Washington; Additional reporting by Lisa Pauline Mattackal, Elizabeth Howcroft in Paris, Alexandra Ulmer in Washington and Tommy Reggiori Wilkes in London; Editing by Megan Davies, Jacqueline Wong, Marguerita Choy, Deepa Babington and Nia Williams#WhiteHouseCryptoSummit #USCryptoSummit $BTC
$ETH

XRP

TARIFF#MexicoEndsTariff US tariff news: President Trump pauses tariffs for some Canadian, Mexican goods ByMax Zahn As a trade war heats up, President Donald Trump said Thursday he would pause tariffs on some goods from Mexico and Canada. WASHINGTON -- President Donald Trump on Thursday paused tariffs on some products from Mexico and Canada, temporarily withdrawing major portions of a policy issued two days earlier. The one-month exemption will lift tariffs for all Canadian and Mexican goods compliant with United States-Mexico-Canada Agreement, or USMCA, a free trade agreement, White House officials told ABC News. Roughly 50% of imports from Mexico comply with USMCA, and 38% of imports from Canada comply with USMCA. Motor vehicles and auto accessories make up a good portion of the of USMCA-compliant trade, the officials added. Despite pausing tariffs on a large number of goods from Canada and Mexico, Trump said on Thursday afternoon he is still sticking with his plan to issue tariffs on foreign steel and aluminum products starting next week. "We're not looking at that," he said at the White House when asked about a pause on those tariffs. The easing of tariffs on some Mexican goods came after a conversation between Trump and Mexican President Claudia Sheinbaum, Trump said Thursday in a post on Truth Social. "Our relationship has been a very good one, and we are working hard, together, on the Border, both in terms of stopping Illegal Aliens from entering the United States and, likewise, stopping Fentanyl. Thank you to President Sheinbaum for your hard work and cooperation!" Trump said. Minutes later, Sheinbaum reciprocated in similar fashion. "We had an excellent and respectful call in which we agreed that our work and collaboration have yielded unprecedented results, within the framework of respect for our sovereignties," Sheinbaum said in a post on X. Trump made the announcement soon after Commerce Secretary Howard Lutnick said Thursday morning that a one-month delay of tariffs on Mexico and Canada would likely apply to all products compliant with the USMCA. RELATED: Experts say tariffs expected to have big impact on the cost of new home construction Trump negotiated the USMCA during his first term, signing the agreement with Canada and Mexico in 2018. "That which is part of President Trump's deal with Canada and Mexico [is] likely to get an exemption from these tariffs," Lutnick told CNBC on Thursday morning. Despite the effort to ease some tariffs, stocks dropped on Thursday as fallout from the policy continued to roil markets. The Dow Jones Industrial Average fell about 425 points, or 1%, while the S&P 500 fell 1.7%. The tech-heavy Nasdaq sank 2.6%. The selloff erased some of the market gains delivered a day earlier after Trump gave U.S. automakers a one-month reprieve from the tariffs. Duties on a host of other goods remained in place, however. The U.S. earlier this week slapped 25% tariffs on goods from Mexico and Canada, as well as 10% tariffs on imports from China. The fresh round of duties on Chinese goods doubled an initial set of tariffs placed on China last month. The one-month delay in auto tariffs triggered a rally for shares of U.S. carmakers on Wednesday, but the largest companies in the sector turned down on Thursday. Shares of Ford ticked down 0.4%, while General Motors fell 2.6%. Stellantis -- the parent company of Chrysler and Jeep -- saw its stock price fall 1%. Tesla, the electric carmaker led by Elon Musk, tumbled 5.5% on Thursday. The exemptions on automobiles from the president's tariffs were a one-time thing, Trump told reporters at the White House on Thursday. Trump said he told the automakers, "'That's it.'" The tariffs are expected to pose a challenge for U.S. automakers, many of which depend on a supply chain closely intertwined with Mexico and Canada. The American Automotive Policy Council, or AAPC, a trade group that represents Ford, General Motors and Stellantis, praised the one-month tariff exemption. "American Automakers Ford, GM and Stellantis applaud President Trump for recognizing that vehicles and parts that meet the high US and regional USMCA content requirements should be exempt from these tariffs," AAPC President Matt Blunt told ABC News in a statement. Michelle Stoddart and Molly Nagle contributed to this report. #TexasBTCReserveBill #MarketPullback #Trump’sExecutiveOrder $BTC {spot}(BTCUSDT) $ETH

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TARIFF

#MexicoEndsTariff
US tariff news: President Trump pauses tariffs for some Canadian, Mexican goods
ByMax Zahn

As a trade war heats up, President Donald Trump said Thursday he would pause tariffs on some goods from Mexico and Canada.
WASHINGTON -- President Donald Trump on Thursday paused tariffs on some products from Mexico and Canada, temporarily withdrawing major portions of a policy issued two days earlier.
The one-month exemption will lift tariffs for all Canadian and Mexican goods compliant with United States-Mexico-Canada Agreement, or USMCA, a free trade agreement, White House officials told ABC News.
Roughly 50% of imports from Mexico comply with USMCA, and 38% of imports from Canada comply with USMCA. Motor vehicles and auto accessories make up a good portion of the of USMCA-compliant trade, the officials added.
Despite pausing tariffs on a large number of goods from Canada and Mexico, Trump said on Thursday afternoon he is still sticking with his plan to issue tariffs on foreign steel and aluminum products starting next week.
"We're not looking at that," he said at the White House when asked about a pause on those tariffs.
The easing of tariffs on some Mexican goods came after a conversation between Trump and Mexican President Claudia Sheinbaum, Trump said Thursday in a post on Truth Social.
"Our relationship has been a very good one, and we are working hard, together, on the Border, both in terms of stopping Illegal Aliens from entering the United States and, likewise, stopping Fentanyl. Thank you to President Sheinbaum for your hard work and cooperation!" Trump said.
Minutes later, Sheinbaum reciprocated in similar fashion.
"We had an excellent and respectful call in which we agreed that our work and collaboration have yielded unprecedented results, within the framework of respect for our sovereignties," Sheinbaum said in a post on X.
Trump made the announcement soon after Commerce Secretary Howard Lutnick said Thursday morning that a one-month delay of tariffs on Mexico and Canada would likely apply to all products compliant with the USMCA.
RELATED: Experts say tariffs expected to have big impact on the cost of new home construction
Trump negotiated the USMCA during his first term, signing the agreement with Canada and Mexico in 2018.
"That which is part of President Trump's deal with Canada and Mexico [is] likely to get an exemption from these tariffs," Lutnick told CNBC on Thursday morning.
Despite the effort to ease some tariffs, stocks dropped on Thursday as fallout from the policy continued to roil markets.
The Dow Jones Industrial Average fell about 425 points, or 1%, while the S&P 500 fell 1.7%. The tech-heavy Nasdaq sank 2.6%.
The selloff erased some of the market gains delivered a day earlier after Trump gave U.S. automakers a one-month reprieve from the tariffs. Duties on a host of other goods remained in place, however.
The U.S. earlier this week slapped 25% tariffs on goods from Mexico and Canada, as well as 10% tariffs on imports from China. The fresh round of duties on Chinese goods doubled an initial set of tariffs placed on China last month.
The one-month delay in auto tariffs triggered a rally for shares of U.S. carmakers on Wednesday, but the largest companies in the sector turned down on Thursday.
Shares of Ford ticked down 0.4%, while General Motors fell 2.6%. Stellantis -- the parent company of Chrysler and Jeep -- saw its stock price fall 1%.
Tesla, the electric carmaker led by Elon Musk, tumbled 5.5% on Thursday.
The exemptions on automobiles from the president's tariffs were a one-time thing, Trump told reporters at the White House on Thursday.
Trump said he told the automakers, "'That's it.'"
The tariffs are expected to pose a challenge for U.S. automakers, many of which depend on a supply chain closely intertwined with Mexico and Canada.
The American Automotive Policy Council, or AAPC, a trade group that represents Ford, General Motors and Stellantis, praised the one-month tariff exemption.
"American Automakers Ford, GM and Stellantis applaud President Trump for recognizing that vehicles and parts that meet the high US and regional USMCA content requirements should be exempt from these tariffs," AAPC President Matt Blunt told ABC News in a statement.
Michelle Stoddart and Molly Nagle contributed to this report.
#TexasBTCReserveBill #MarketPullback #Trump’sExecutiveOrder $BTC
$ETH

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Supreme Court rules Trump administration

#WhiteHouseCryptoSummit #USJobsSlump $BTC $SOL

supreme court
Supreme Court rules Trump administration must unfreeze foreign aid payments

SCOTUS rules Trump administration must unfreeze foreign aid payments
A sharply divided Supreme Court on Wednesday ruled that the Trump administration must comply with a district court order and pay out nearly $2 billion in foreign assistance funds to nonprofit aid groups for work already completed on the government's behalf.
The court ruled 5-4 with Chief Justice John Roberts and Justice Amy Coney Barrett siding with the liberal justices.
The court did not elaborate on the decision but said the district court judge should "clarify what obligations the Government must fulfill to ensure compliance with the temporary restraining order, with due regard for the feasibility of any compliance timelines."
A lower court judge is currently weighing whether or not to impose a longer-term preliminary injunction against the foreign aid freeze.
Justice Samuel Alito said in his dissent that he was "stunned" by the majority's decision.
"Does a single district-court judge who likely lacks jurisdiction have the unchecked power to compel the Government of the United States to pay out (and probably lose forever) $2 billion taxpayer dollars? The answer to that question should be an emphatic "No," but a majority of this Court apparently thinks otherwise," he wrote.
The Trump administration did not immediately comment on the ruling.
The court's majority did not specify a deadline by which the administration needed to comply.
The administration initially tried to freeze the payments via an executive order before U.S. District Court Judge Amir Ali ordered the payments to resume in a temporary restraining order issued three weeks ago.
Last week, Ali, a Biden appointee, ruled the administration violated the terms of a temporary restraining order and ordered the Trump administration to dole out delayed payments by 11:59 p.m. Feb. 26.
Lawyers with the Department of Justice acknowledged that the Trump administration ignored the temporary restraining order, which prohibited them from freezing foreign aid funds since the order was issued. Instead, they argued that they should not be required to pay back the money because of "sovereign immunity."
During an extended exchange with Ali, a DOJ lawyer struggled to answer basic questions about the Trump administration's compliance with the temporary restraining order.
Chief Justice Roberts ordered a stay before the deadline as the court heard the case.
Foreign aid groups have been teetering on bankruptcy following Trump's decision to end aid and have been searching for answers.
During a Feb. 13 meeting with representatives from those organizations, Pete Marocco, the Trump administration official tasked with the dismantling of the U.S. Agency for International Development (USAID) defended what he called a "total zero-based review," and arguing that some areas of foreign aid required "radical change," according to audio from that meeting that was obtained by ABC News.
"As far as payment, one of the reasons that there have been problems with some of the payments is because, despite the president's executive order, despite the secretary's guidance, we still had nefarious actors in the agencies that were trying to push out hundreds of illegal payments," Marocco said. "And so we were able to seize control of that, stop them, take control of some of those people, and make sure that that money was not getting out the door."
Marocco suggested that payments for organizations with existing contracts would resume the following week, but they remained frozen.
ABC News' Will Steakin, Lucien Bruggeman and Shannon K. Kingston contributed to this report.

SOL

'Dumb': Canada, Mexico blast historic Trump tariffs, threaten retaliationWASHINGTON -- America's closest neighbors and allies, Canada and Mexico, excoriated President Donald Trump for slapping historic tariffs on goods from their countries. Trump's broad tariffs went into effect on Tuesday, along with increased duties on goods from China, a move that prompted a swift retaliation from Beijing. "President Trump continues to demonstrate his commitment to ensuring U.S. trade policy serves the national interest," the White House said in a statement. RELATED: What to know as Trump's long-promised tariffs go into effect on Mexico, Canada, China Goods entering the U.S. from Mexico and Canada will carry a 25% tariff, while those from China will be subject to a 10% increase on existing tariffs, according to the White House U.S. tariffs are at their highest level since 1943, Yale's Budget Lab said. Canadian Prime Minister Justin Trudeau sharply criticized the tariffs, calling them a "dumb" policy that does not "make sense." In response, Canada slapped a 25% retaliatory tariff on $30 billion worth of goods. Tariffs on an additional $125 billion worth of products will take effect in 21 says, Trudeau said. "We will not back down from a fight," Trudeau added.Meanwhile, Mexican President Claudia Sheinbaum announced plans to impose retaliatory tariffs on U.S. goods. "There is no motive or reason, nor justification that supports this decision that will affect our people and our nations," Sheinbaum said. "We have said it in different ways: cooperation and coordination, yes; subordination and interventionism, no." Sheinbaum said she will speak over the phone with Trump on Thursday, and if no deal can be reached, shell announce the tariff and non-tariff measures at a rally on Sunday. China's response Within minutes of the new U.S. tariffs taking effect, China unveiled on Tuesday its initial response by placing additional 10% to 15% tariffs on imported U.S. goods, like chicken, wheat, soybeans and beef. Those duties will be on top of similar tariffs imposed back during the first Trump administrations trade war in 2018. Some of those tariffs are already at 25%, though Beijing issued some waivers as a result of the 2020 "phase one" trade deal.The new Chinese tariffs are set to come into effect for goods shipped out next Monday, March 10. Stock prices plummet Stock futures for the three major U.S. indexes were close to flat early Tuesday following the selloff on Monday as Trump announced his proposed tariffs would go into effect at 12:01 a.m. The announcement sent major stock indexes plummeting, with the S&P suffered its biggest loss since December, closing at 5,849.72 -- down 104.78 points or 1.76%. The Dow Jones Industrial Average closed at 43,191.24 down 649.67 points -- or 1.48% -- while the tech-heavy Nasdaq fell 2.64%. Asian markets were mixed on Tuesday. The Shanghai Stock Exchange climbed less than a percentage point, while the Nikkei in Japan slipped about 1.2% and the Hang Seng in Hong Kong closed down about 0.3%. European markets mostly traded off on Tuesday, with the DAX in Germany down about 1.6% and the FTSE 100 slipping about 0.3% midday.The U.S. tariffs arrived about a month after Trump granted Mexico and Canada a reprieve, having reached agreements with the two countries regarding border security and drug trafficking. ABC News' Zunaira Zaki and Anne Laurent contributed to this report.

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#BBWDocuSeries #WhiteHouseCryptoSummit $BTC $ETH $BNB
Elon Musk claims he’s not just a tech mogul but also a 3,000-year-old time-traveling alien on a quest to return home. The article details his unusual statements and hints at what he means by this cosmic journey without giving everything away.

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'Dumb': Canada, Mexico blast historic Trump tariffs, threaten retaliation

WASHINGTON -- America's closest neighbors and allies, Canada and Mexico, excoriated President Donald Trump for slapping historic tariffs on goods from their countries.

Trump's broad tariffs went into effect on Tuesday, along with increased duties on goods from China, a move that prompted a swift retaliation from Beijing.

"President Trump continues to demonstrate his commitment to ensuring U.S. trade policy serves the national interest," the White House said in a statement.

RELATED: What to know as Trump's long-promised tariffs go into effect on Mexico, Canada, China

Goods entering the U.S. from Mexico and Canada will carry a 25% tariff, while those from China will be subject to a 10% increase on existing tariffs, according to the White House
U.S. tariffs are at their highest level since 1943, Yale's Budget Lab said.

Canadian Prime Minister Justin Trudeau sharply criticized the tariffs, calling them a "dumb" policy that does not "make sense."

In response, Canada slapped a 25% retaliatory tariff on $30 billion worth of goods. Tariffs on an additional $125 billion worth of products will take effect in 21 says, Trudeau said.

"We will not back down from a fight," Trudeau added.Meanwhile, Mexican President Claudia Sheinbaum announced plans to impose retaliatory tariffs on U.S. goods.

"There is no motive or reason, nor justification that supports this decision that will affect our people and our nations," Sheinbaum said. "We have said it in different ways: cooperation and coordination, yes; subordination and interventionism, no."

Sheinbaum said she will speak over the phone with Trump on Thursday, and if no deal can be reached, shell announce the tariff and non-tariff measures at a rally on Sunday.

China's response
Within minutes of the new U.S. tariffs taking effect, China unveiled on Tuesday its initial response by placing additional 10% to 15% tariffs on imported U.S. goods, like chicken, wheat, soybeans and beef.

Those duties will be on top of similar tariffs imposed back during the first Trump administrations trade war in 2018. Some of those tariffs are already at 25%, though Beijing issued some waivers as a result of the 2020 "phase one" trade deal.The new Chinese tariffs are set to come into effect for goods shipped out next Monday, March 10.

Stock prices plummet
Stock futures for the three major U.S. indexes were close to flat early Tuesday following the selloff on Monday as Trump announced his proposed tariffs would go into effect at 12:01 a.m.

The announcement sent major stock indexes plummeting, with the S&P suffered its biggest loss since December, closing at 5,849.72 -- down 104.78 points or 1.76%. The Dow Jones Industrial Average closed at 43,191.24 down 649.67 points -- or 1.48% -- while the tech-heavy Nasdaq fell 2.64%.

Asian markets were mixed on Tuesday. The Shanghai Stock Exchange climbed less than a percentage point, while the Nikkei in Japan slipped about 1.2% and the Hang Seng in Hong Kong closed down about 0.3%.

European markets mostly traded off on Tuesday, with the DAX in Germany down about 1.6% and the FTSE 100 slipping about 0.3% midday.The U.S. tariffs arrived about a month after Trump granted Mexico and Canada a reprieve, having reached agreements with the two countries regarding border security and drug trafficking.

ABC News' Zunaira Zaki and Anne Laurent contributed to this report.

XRP

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#TrumpCongressSpeech
#USTariffs #MarketRebound
$BTC
$ETH
The president signaled he is forging full steam ahead with his agenda (however divisive) as he claimed a "mandate" from American voters.

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#TrumpCongressSpeech
#USTariffs $BTC $ETH
#WhiteHouseCryptoSummit
Pres. Trump gave 13-year-old Devarjaye "DJ" Daniel, who aspires to become a police officer but was diagnosed with brain cancer in 2018, "the biggest honor of them all" by asking the Secret Service to "officially" make the teen an agent of the U.S. Secret Service.

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Democratic women are wearing pink as President Trump addresses a joint session of Congress. Democratic Women's Caucus Chair Teresa Leger Fernández told ABC News the caucus called on women to wear pink because it is the "color of power and protest."

Rep. Nancy Pelosi, the first woman to serve as speaker of the House, is among those wearing pink alongside other female members of Congress. #TrumpCongressSpeech #WhiteHouseCryptoSummit $BTC $ETH #USCryptoReserve

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#TrumpCongressSpeech #WhiteHouseCryptoSummit $BTC $ETH

President Trump, who survived two assassination attempts during the 2024 campaign, talked about the shooting at his Butler, Pennsylvania, rally in July, saying he believes he was "saved by God" to "make America great again."

along with PolitiFact, is live fact-checking Trump's speech statements that are exaggerated, need more context or are false: