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$BABY Canh sell price 0.065-0.067 take profit 0.061-0.060 - 0.058. Wish everyone success
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$FUN Canh sells at a price of 0.0079-0.0082 with a profit target of 0.0066-0.0062 - 0.0060. Wishing you all success
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The cryptocurrency market is undergoing a recession as traders respond to President Trump's recent executive order regarding the Strategic Bitcoin Reserve and escalating U.S. trade tariffs.
$BTC has dropped by about 4.8%, trading at around $81,729, while the value of $ETH has decreased by 8%, stabilizing just above the $2,000 mark, raising concerns about the overall health of digital assets.
According to QCP Capital, "The lower knee-jerk reaction may stem from the realization that there is no actual budget allocated for purchasing Bitcoin in the near future."
$BTC has dropped by about 4.8%, trading at around $81,729, while the value of $ETH has decreased by 8%, stabilizing just above the $2,000 mark, raising concerns about the overall health of digital assets.
According to QCP Capital, "The lower knee-jerk reaction may stem from the realization that there is no actual budget allocated for purchasing Bitcoin in the near future."
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$PROS Sell immediately 0.5xxx lock at 0.4-0.3 brothers. Wish you success
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This is everything that happened at the White House cryptocurrency summit
++ OCC confirms that banks can custody cryptocurrency following Trump's statement on ending "Operation Choke Point 2.0".
++ President Donald Trump mentioned that the U.S. government will not sell any of its Bitcoin.
++ Trump also shared that the Department of Treasury and Commerce will seek to accumulate more Bitcoin for strategic reserves.
++ OCC confirms that banks can custody cryptocurrency following Trump's statement on ending "Operation Choke Point 2.0".
++ President Donald Trump mentioned that the U.S. government will not sell any of its Bitcoin.
++ Trump also shared that the Department of Treasury and Commerce will seek to accumulate more Bitcoin for strategic reserves.
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Regulations on Future Cryptocurrency Reserves & Stablecoin
In the future, Trump's government plans to create a common cryptocurrency reserve, which may include other digital assets such as $ETH $XRP and $SOL .
Furthermore, he reiterated the need for clear regulations on stablecoins, with the aim of legislative action before the summer recess of Congress.
Trump noted that clear regulations would foster continuous growth and innovation in the financial sector, reinforcing the United States' leading position in the cryptocurrency market. However, it cannot be denied that his immediate focus at the summit was to reverse "Operation Chokepoint 2.0" and its chilling effect on cryptocurrency banking.
In the future, Trump's government plans to create a common cryptocurrency reserve, which may include other digital assets such as $ETH $XRP and $SOL .
Furthermore, he reiterated the need for clear regulations on stablecoins, with the aim of legislative action before the summer recess of Congress.
Trump noted that clear regulations would foster continuous growth and innovation in the financial sector, reinforcing the United States' leading position in the cryptocurrency market. However, it cannot be denied that his immediate focus at the summit was to reverse "Operation Chokepoint 2.0" and its chilling effect on cryptocurrency banking.
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$BTC Bitcoin reserves act as a "store of value"
David Sacks, cryptocurrency czar of the President, confirmed on social media that the U.S. government holds approximately 200,000 Bitcoins, currently valued at over $17 billion.
He emphasized that once these Bitcoins are put into reserve, they will not be affected, serving as a store of value similar to the U.S. gold reserves.
David Sacks, cryptocurrency czar of the President, confirmed on social media that the U.S. government holds approximately 200,000 Bitcoins, currently valued at over $17 billion.
He emphasized that once these Bitcoins are put into reserve, they will not be affected, serving as a store of value similar to the U.S. gold reserves.
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$ETH Ethereum whales accumulate 1.10 million ETH
The recent buyback of 1.10 million ETH by whale investors highlights a significant shift in Ethereum's market dynamics. This purchase accounts for nearly 0.92% of Ethereum's current circulating supply of approximately 120 million ETH, demonstrating a clear commitment from major players despite the ongoing price struggles of the asset.
The behavior of these whales raises questions about their long-term outlook on the potential market developments ahead. Such strategic accumulation aligns with previous trends, where institutional and high-net-worth individuals often anticipate market shifts.
The recent buyback of 1.10 million ETH by whale investors highlights a significant shift in Ethereum's market dynamics. This purchase accounts for nearly 0.92% of Ethereum's current circulating supply of approximately 120 million ETH, demonstrating a clear commitment from major players despite the ongoing price struggles of the asset.
The behavior of these whales raises questions about their long-term outlook on the potential market developments ahead. Such strategic accumulation aligns with previous trends, where institutional and high-net-worth individuals often anticipate market shifts.
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Senator Cynthia Lummis Calls for Conversion of Gold Reserves to Bitcoin
In July 2024, Wyoming Senator Cynthia Lummis introduced the Bitcoin Act to the U.S. Senate, outlining a plan for the U.S. government to acquire 5% of the total supply of Bitcoin - 1 million BTC.
The bill also proposes that the U.S. government hold Bitcoin for 20 years as a hedge against inflation.
In November 2024, Senator Lummis proposed converting some of the U.S. gold reserves to Bitcoin as a budget-neutral way to purchase 1 million BTC, which would be worth about 90 billion dollars at that time.
$BTC $ETH
In July 2024, Wyoming Senator Cynthia Lummis introduced the Bitcoin Act to the U.S. Senate, outlining a plan for the U.S. government to acquire 5% of the total supply of Bitcoin - 1 million BTC.
The bill also proposes that the U.S. government hold Bitcoin for 20 years as a hedge against inflation.
In November 2024, Senator Lummis proposed converting some of the U.S. gold reserves to Bitcoin as a budget-neutral way to purchase 1 million BTC, which would be worth about 90 billion dollars at that time.
$BTC $ETH
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Trump stated in an executive order on January 23 that a newly established Presidential Task Force on Digital Asset Markets will consider the creation of a "strategic national digital asset reserve." On Sunday (March 2), Trump announced not only the establishment of a strategic cryptocurrency reserve for America but that it could include: bitcoin, ethereum, XRP, Solana's SOL coin, and Cardano's ADA.
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$DOGE The cup and handle pattern of Dogecoin: A sign of bullish momentum
The formation of the classic cup and handle pattern signals a potential upward trend for Dogecoin. This technical analysis often indicates a period of accumulation before a breakout. After struggling through a bear market since the all-time high in May 2021, the chart pattern shows a rounded bottom extending into late 2023.
Recently, the price reacted positively by breaking above the descending trendline in early 2024, reaching a high of $0.2408 before a corrective action pushed it back to $0.1934 — a decrease of 19.28% in one session. This pullback can be seen as a healthy retest of the breakout area, setting the stage for a future upward rally.
The formation of the classic cup and handle pattern signals a potential upward trend for Dogecoin. This technical analysis often indicates a period of accumulation before a breakout. After struggling through a bear market since the all-time high in May 2021, the chart pattern shows a rounded bottom extending into late 2023.
Recently, the price reacted positively by breaking above the descending trendline in early 2024, reaching a high of $0.2408 before a corrective action pushed it back to $0.1934 — a decrease of 19.28% in one session. This pullback can be seen as a healthy retest of the breakout area, setting the stage for a future upward rally.
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$SOL Solana DEX continues to dominate despite the cooling of the Memecoin market
Solana's decentralized exchanges (DEX) have shown strong success even with recent price volatility and the overall cooling in the memecoin market. Solana has retained its leading position in DEX volume for the fifth consecutive month, generating $109 billion in monthly volume, 24% higher than Ethereum's $88 billion and nearly 300% greater than Arbitrum's $25 billion according to DeFiLlama data.
Driving the dominance of this DEX are key protocols such as Raydium ($41 billion), Meteora ($25 billion), and Orca ($22 billion). Although Solana's memecoin sector has seen a correction - Pump.fun platform volume decreased 63% from January to February - overall trading activity within the Solana ecosystem remains strong. This indicates a shift towards stablecoins and a resurgence in DeFi activity balancing out the slowdown in memecoins, thus allowing Solana to maintain its commanding presence in the decentralized finance landscape. With 54% of the market captured and generating $285 million, Solana Floor claims that income from the application has also overshadowed all other chains combined.
Solana's decentralized exchanges (DEX) have shown strong success even with recent price volatility and the overall cooling in the memecoin market. Solana has retained its leading position in DEX volume for the fifth consecutive month, generating $109 billion in monthly volume, 24% higher than Ethereum's $88 billion and nearly 300% greater than Arbitrum's $25 billion according to DeFiLlama data.
Driving the dominance of this DEX are key protocols such as Raydium ($41 billion), Meteora ($25 billion), and Orca ($22 billion). Although Solana's memecoin sector has seen a correction - Pump.fun platform volume decreased 63% from January to February - overall trading activity within the Solana ecosystem remains strong. This indicates a shift towards stablecoins and a resurgence in DeFi activity balancing out the slowdown in memecoins, thus allowing Solana to maintain its commanding presence in the decentralized finance landscape. With 54% of the market captured and generating $285 million, Solana Floor claims that income from the application has also overshadowed all other chains combined.
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$XRP and $ADA : Stellar's Profits After the Election
Since the U.S. election, XRP and Cardano (ADA) have emerged as leaders in the cryptocurrency market, witnessing unusual gains. With XRP up 375% and Cardano up 163%, these digital assets have benefited from a more favorable regulatory environment. This shift is attributed to changes in the Securities and Exchange Commission (SEC), now led by Acting Chair Mark T. Uyeda.
Since the U.S. election, XRP and Cardano (ADA) have emerged as leaders in the cryptocurrency market, witnessing unusual gains. With XRP up 375% and Cardano up 163%, these digital assets have benefited from a more favorable regulatory environment. This shift is attributed to changes in the Securities and Exchange Commission (SEC), now led by Acting Chair Mark T. Uyeda.
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President Donald Trump sparked a $300 billion cryptocurrency market pump on Monday after announcing U.S. cryptocurrency reserves.
Donald Trump has now triggered a $300 billion cryptocurrency market sell-off as his trade tariffs take effect on March 4.
The total market capitalization has dropped nearly 14% in the past 36 hours or more, decreasing to $2.82 trillion from over $3.2 trillion on Sunday night. This move has wiped out all brief gains from the pump following his cryptocurrency reserves announcement on March 2.
Coinglass reported that over 311,000 traders have been liquidated in the past 24 hours with an amount of just over one billion dollars.
$BTC $ETH
Donald Trump has now triggered a $300 billion cryptocurrency market sell-off as his trade tariffs take effect on March 4.
The total market capitalization has dropped nearly 14% in the past 36 hours or more, decreasing to $2.82 trillion from over $3.2 trillion on Sunday night. This move has wiped out all brief gains from the pump following his cryptocurrency reserves announcement on March 2.
Coinglass reported that over 311,000 traders have been liquidated in the past 24 hours with an amount of just over one billion dollars.
$BTC $ETH
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Ripple Whale has collected about 1 billion VND after the cryptocurrency achieved massive profits yesterday. However, the momentum seems to have lost strength, as evidenced by the fact that the price of the asset is still declining. This change raises concerns about the price volatility of XRP, making the analysis of current trends and predicting what lies ahead for the cryptocurrency market crucial.
The recent decline of XRP may also be due to the ongoing case between Ripple and the SEC taking longer than expected to resolve. People were hopeful when Trump stated that XRP would be added to the U.S. Federal Reserve as an asset, but legal experts have dismissed the claim that this would expedite the resolution of the XRP lawsuit.
The recent decline of XRP may also be due to the ongoing case between Ripple and the SEC taking longer than expected to resolve. People were hopeful when Trump stated that XRP would be added to the U.S. Federal Reserve as an asset, but legal experts have dismissed the claim that this would expedite the resolution of the XRP lawsuit.
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