Binance TR has listed GoPlus Security ($GPS )a security-focused project. GoPlus is revolutionizing Web3 user security with its permissionless and user-driven Security Network, providing comprehensive protection throughout the entire transaction lifecycle. GoPlus enhances security in DeFi, NFTs, and other Web3 applications by offering real-time risk detection, smart contract analysis, and malicious address identification. With its decentralized approach, it ensures seamless security services for users. Binance TR users can now easily access GPS tokens with the Buy/Sell feature in the TRY trading pair. $GPS #GPSAirdrop
Trump admits tariffs 'disturbance' as China says it is 'ready for any type of war' with US
As the rhetoric ramps up from China - and Canada - and slides on stock markets, following the imposition of tariffs on the two countries and Mexico, the US commerce secretary says Donald Trump will "probably" announce a compromise. Donald Trump has admitted his tariffs on major trading partners will cause "a little disturbance" - as China said it was "ready" for "any type of war" with the US. The US president made his comments in an address to Congress, hours after the levies on imports came into effect. Producers in Mexico and Canada have been hit with a 25% tax on items they export to the US, while a 20% tariff has been applied to Chinese imports. Stock markets, which Mr Trump is said to pay close attention to, slid on the tariffs news. Exporters in the affected countries as well as businesses in the US and economists have raised concerns about the potential price-raising impact of the tariffs. Making imports more expensive will likely make goods more expensive and could push prices up across the board. Concern over threat to interest rates A cycle of high inflation could lead to interest rates being higher for longer in the US, the world's largest economy, which could dampen economic activity. A slowed US economy would have global consequences but even without a hit to the States, there are fears of a global trade war - in which countries add their own trade barriers in the form of tariffs. The Chinese embassy in the US posted on X: "If war is what the US wants, be it a tariff war, a trade war or any other type of war, we're ready to fight till the end." China imposes retaliatory tariffs The president, however, said he was "just getting started" after 43 days into his second term. China and Canada have retaliated with their own tariffs against the US. From next week China will add its own 15% levy on a range of agricultural products such as chicken, wheat, corn and cotton. An extra 10% will be added to soya beans, pork, beef, fruit, vegetables and dairy products imports. The country has also raised additional complaints against the US with the World Trade Organisation (WTO). #USTariffs
Trump issues ‘last warning’ to Hamas, Israel maintains Gaza blockade
US President Donald Trump issues what he calls “a last warning” to Hamas to release all Israeli captives held in Gaza, and tells its leaders to leave the Strip.The threat comes as the White House confirms direct talks with Hamas for the first time since 1997 to secure the release of US-Israeli captives and end the war in Gaza. Palestinians in Gaza are going hungry as Israel’s blockade causes high prices and food shortages with warnings stocks could run out in less than two weeks.Gaza’s Health Ministry has confirmed 48,440 Palestinian deaths in Israel’s war on Gaza while 111,845 people have been wounded. The Government Media Office updated its death toll to at least 61,709, saying thousands of Palestinians missing under the rubble are presumed dead. At least 1,139 people were killed in Israel during the October 7, 2023, Hamas-led attacks and more than 200 were taken captive. Check out live on :- https://www.aljazeera.com/ #Hamas #israeliranconflict
Solana Price Forecast: Traders hold open interest at $4B as FTX and Alameda send $450 M to Binance
Solana price stagnated below $150 on Wednesday, despite a positive uptick in market sentiment. SOL price has been tempered by another 3 million SOL coins unlocked by FTX’s parent company Alameda Research this week. SOL open interest has hovered around $4 billion since Monday, as speculative traders remain hesitant about entering new positions. Solana price stagnated below $150 on Wednesday, despite a positive uptick in market sentiment. With derivatives market trends signaling widespread hesitation among speculative traders, how will SOL prices react in the coming sessions? Solana (SOL) struggles despite rival altcoins rallying on Trump tariff rollback plan Solana (SOL) has struggled to gain directional momentum this week as opposing market catalysts counteract each other. On the positive side, speculation that President Donald Trump could ease tariffs imposed on Canada and Mexico lifted investor sentiment on Wednesday. This came just days after SOL was included in a newly proposed crypto strategic reserve.
In response, Bitcoin (BTC), Ethereum (ETH) and XRP posted gains exceeding 5% on Wednesday, with Cardano (ADA) surging 24% during the day. However, SOL’s price remained stagnant within a narrow $140–$150 range over the past 24 hours, underperforming its peers. Three million SOL unlocked from FTX and Alameda wallets dampens price momentum As seen above, Solana’s price action over the past week has been subdued compared to other major altcoins included in Trump’s crypto strategic reserve plan. Recent market reports indicate that SOL price gains have been tempered by the three million SOL tokens unlocked by the defunct FTX exchange and its parent company Alameda Research. FTX and Alameda wallets deposit SOL to Binance. Source: Solscan, March 4 Validating this stance, Coinglass Open Interest charts track the daily balances of capital invested in Solana futures contracts, offering insights into capital flows around key market events. Solana Open Interest | Coinglass The data reveals that while SOL’s stagnation in spot markets reflects cautious sentiment among speculative traders, open interest has consolidated around $4 billion since Monday. When open interest remains flat, it signals that traders are hesitant to enter new positions. At the current price of approximately $148 per coin, the 3 million SOL unlocked by FTX and Alameda effectively flood Solana’s short-term market supply by more than $450 million. Short-term outlook: Solana traders take on a sit-and-watch approach Recent media reports surrounding Solana have resulted in a standoff between bulls and bears. Bears are hesitant to enter short positions as Trump is expected to roll back tariffs, potentially benefiting the broader crypto market. Meanwhile, bulls remain reluctant to initiate fresh long positions due to the $450 million supply shock from FTX and Alameda, expected to flood the market in the coming days. This dynamic explains why SOL’s price is expected to trend sideways in the near term as traders assess the interplay between bullish macro catalysts and the overhanging supply pressure from the FTX unlocks. Solana Price Forecast: $145 support remains shaky as SOL tests key resistance Solana price hovers around $145, attempting to stabilize after a recent rebound from local lows. The Keltner Channel (KC) suggests that SOL remains in a downtrend, with the midline at $161.88 acting as an immediate resistance. A breakout above this level could open the door for a rally toward the upper KC boundary at $198.29, a crucial bullish threshold. However, failure to reclaim this midline may result in consolidation or further downside.
Solana Price Forecast Parabolic SAR (Stop and Reverse) dots continue to print above the price action, signaling bearish momentum. Until this flips, traders may remain cautious about initiating aggressive long positions. Meanwhile, the Bull-Bear Power (BBP) indicator at -19.02 reflects lingering bearish pressure despite the recent price uptick. If BBP turns positive, it could validate a stronger recovery attempt. A bullish breakout scenario could see SOL reclaim the $160 level, setting the stage for a potential rally toward $198. Conversely, rejection from resistance could push prices back to test support at $130.66, with a break lower exposing $125.47. The coming sessions will be critical as SOL navigates between these pivotal levels. $SOL #USCryptoReserve
Bitcoin Shows Signs of Revival, Will Global Economic Dispute Allow Bull Run?
Bitcoin has factored in a modest price increase of 3.42% in the last 24 hours. The cryptocurrency shows a 23.30% dip in daily trading volume as per CMC data. The Asian crypto community has awakened to a modest market revival after the past day’s significant crash. Leading cryptocurrencies have witnessed partial gains despite market uncertainty and a lack of bullish momentum. However, the upcoming days hold mounting tensions and more FUD due to shifting economic landscapes. Notably, $BTC has gained a modest 3.42% in the last 24 hours, rising to the $86K range. Moreover, the cryptocurrency also hit an intra-day high of $88,911 a few hours ago. In the morning hours of March 4, the cryptocurrency was trading at a low of $83,314, after which it progressed to its current range. Further corroborating this price movement, certain analysts have predicted a rebound in Bitcoin based on chart patterns. Prominent market expert, Ali (@ali_charts) stated that when trader loss margins reach -12% a BTC rebound occurs as per historical data. The current loss margin is at -15.4% which could trigger a reversal. At the time of writing, BTC was trading at $87,156 as per CMC data. However, the global economic landscape is turning rocky amid mounting tensions between nations. Donald Trump’s increased tariffs have affected global trade and a recent development has added to complications. Will the Global Economic Dispute Act Bitcoin Bull Run Barrier? In the past few hours, news of Donald Trump’s increasing tariffs for India, South Korea, and China. This has further instigated shifts in global trade relationships. Moreover, the last two market crashes resulted from the US president’s announcement of tariff hikes.
This suggests that the external factor might impose barriers to Bitcoin reinstating its bull run. Moreover, analyzing its technical indicators, the cryptocurrency’s bull power indicator stands at 1.61. However, its bear power indicator value stands at -4.09 suggesting bearish control. Furthermore, Bitcoin’s RSI value stands at 40.96 as per TradingView data. This further highlights that the digital asset is currently residing in the oversold region. Meanwhile, other altcoins such as $XRP and $SOL have also shown price recovery. #MarketRebound #WhiteHouseCryptoSummit #USJobsSlump
Bitcoin bounces back above $90K as Trump delays Canada, Mexico auto tariffs !
Bitcoin price has surged past $90,000 as investors reacted to President Donald Trump’s decision to delay imposing 25% tariffs on Canadian and Mexican auto imports. As reported by Reuters on Mar. 6, the move, which grants a one-month exemption for U.S. automakers, eased concerns that the trade war could damage domestic manufacturing and weighed on the dollar, fueling demand for risk assets like crypto. The decision came after Trump met with executives from Ford, General Motors, and Stellantis, according to White House press secretary Karoline Leavitt. Investors see the delay as an indication that tariffs may not cause as much economic disruption as anticipated. According to the price tracker on crypto.news, Bitcoin $BTC 4.09% Bitcoin is currently trading at $91,651, up 5% over the last 24 hours. The broader crypto market also advanced, gaining 2% amid improved risk sentiment. Although it is still in the “Extreme Fear” zone, the Fear and Greed Index increased 5 points to 25, indicating that investors are still being cautious. Crypto-related stocks also saw significant gains, with Coinbase (COIN) rising 4% and MicroStrategy (MSTR) jumping 12%%. At the same time, the U.S. dollar index (DXY) fell to its lowest level since November, historically a bullish signal for Bitcoin. Despite the rally, open interest in Bitcoin futures is at its lowest level since October 2024, as previously reported by crypto.news on Mar. 5. This suggests that traders are choosing to remain cautious. Meanwhile, blockchain analytics firm Santiment noted that Bitcoin’s network continues to expand, with a rise in smaller wallets over the past month. However, there are signs that some large holders have taken profits recently. Santiment analysts suggest that a rebound in large Bitcoin holdings could indicate renewed confidence and signal a potential breakout. For now, traders remain focused on Federal Reserve policy. According to the CME FedWatch Tool, futures markets are now pricing in up to three rate cuts this year, compared to previous expectations of just one. Bitcoin’s next major move could depend on whether the Fed follows through. #USTariffs #MarketRebound FOLLOW, LIKE & SHARE
Saylor pushes for Bitcoin in U.S. crypto reserve, says XRP is a token.
Michael Saylor, executive chairman of MicroStrategy, is set to take a key seat at Friday’s White House Crypto Summit. Speaking ahead of the event, Saylor noted that Bitcoin should be the central pillar of the initiative, arguing that it’s the only universally agreed-upon digital asset with no issuer.
“The important thing to keep in mind is Bitcoin is the one universally agreed upon foundational asset in the entire crypto economy because it's the asset without an issuer,” Saylor told Fox News in an interview. “It's neutral. 99% of the energy and the capital has flown into that one.” Hosted by President Donald Trump and chaired by White House crypto czar David Sacks, the upcoming White House Crypto Summit is set to bring together some of the most influential figures in the industry. Among the confirmed attendees are Coinbase CEO Brian Armstrong, MicroStrategy’s Michael Saylor, Crypto.com CEO Kris Marszalek, Robinhood CEO Vlad Tenev, Kraken CEO Arjun Sethi, Chainlink Labs co-founder Sergey Nazarov, World Liberty Financial co-founder Zach Witkoff, Multicoin Capital Managing Partner Kyle Samani, BTC Inc. CEO David Bailey, and Paradigm co-founder Matt Huang. The White House’s plan for a U.S. crypto reserve has raised questions about how it would be financed. Saylor noted that while the process is still unfolding, the structure is already being shaped by an executive order that laid out a six-month roadmap. “I think that there's a six-month process that's been laid out by the executive order, and I think the president was fairly deliberate in that there are 12 members on the presidential working committee,” he explained. “There'll be involvement from the industry, there'll be involvement from the Senate and from the House.” Saylor referenced the Alumnus Bill, a legislative proposal that outlines a gradual accumulation of Bitcoin over four years, aiming to acquire one million BTC for the reserve. A Bitcoin-only reserve? While Trump initially announced that assets like XRP, Solana, and Cardano would be included in the reserve, backlash from industry leaders — who argued that only Bitcoin should be in the stockpile — quickly forced a clarification. Trump later confirmed that Bitcoin and Ethereum would be the “heart of the reserve.” Saylor, however, maintains that Bitcoin should remain the primary focus. “I think the emerging consensus in the industry is that Bitcoin should be the element in a strategic reserve over the long term for the country,” he said. “If you decide to buy cyberspace, buy it deliberately, progressively, transparently.” When pressed on whether altcoins like Solana and Cardano should be included in the reserve, he didn’t explicitly reject the idea but implied they belonged in a different category. “I think that digital $XRP XRP is attached to a company, Ripple. Those are tokens,” Saylor explained. “We should have a regulatory framework to allow them to be issued.” However, he was firm that a reserve should be backed by a commodity like Bitcoin, saying, “It's wise to capitalize a country or a company on a commodity, an asset without an issuer.” Why should the U.S. hold Bitcoin? Skeptics have questioned why the U.S. would need a strategic Bitcoin reserve, drawing comparisons to traditional reserves like oil, medical equipment, or military stockpiles that serve a tangible purpose in times of crisis. “Who's going to die without Bitcoin?” the Fox News host asked Saylor. Saylor responded by positioning Bitcoin as the property of the digital age—something the U.S. must own if it wants to maintain its dominance in the financial world. “If you think of Bitcoin as property in cyberspace, and you say, where is all the money in the world headed? Well, it's headed from foreign countries, China, Russia—it wants to go to cyberspace,” he said. “If you get there first, before the AIs, before the foreigners, before the Europeans, the Africans, the South Americans, the Russians, and the Chinese, the U.S. can own it and benefit from it.” When asked what he would tell Trump directly at the summit, Saylor was clear: the administration must define a clear regulatory framework before making any large purchases. “I would say the number one thing is lay down clarity amongst digital assets,” he said. “And then, once you've laid out that framework, if you decide to buy cyberspace, buy it deliberately, progressively, transparently.” $BTC #USCryptoReserve
IMF Restrictions On Bitcoin Purchases: Why El Salvador’s Reserves Grew
With a 40-month, $1.4 billion International Monetary Fund’s Extended Fund Facility in place, the IMF restrictions on bitcoin purchases and the Bitcoin policy is now directly tied to El Salvador’s financial stability plan. In this context the IMF clarified that the recent announcement of the addition of more bitcoin to El Salvador’s reserves is “consistent with the agreed program conditionality”. A key element in this agreement is that the government of El Salvador has committed to not accumulating more bitcoin. At least, that’s what most documents on the matter state. In its letter of intent dated on February 12 and included in the staff report published on March 3, El Salvador’s representatives subscribed to this agreement. “Over the course of the program, the authorities have committed not to accumulate Bitcoins,” the Memorandum of Economic and Financial Policies attached to the letter signed by Central Bank President, Douglas Pablo Rodríguez Fuentes and Minister of Finance, Jerson Rogelio Posada Molina states. This is also included in the Policies Under The Extended Fund Facility Arrangement section. After President Nayib Bukele apparently contradicted this through his X account, in which he posted that the accumulation is “not stopping,” many questions were raised, and comments regarding the alignment between the fund and El Salvador started to populate the popular social media platform. I asked about this to the IMF’s communications department and their response suggests a more flexible interpretation. “The government under the program has committed not to accumulate further Bitcoins at the level of the overall public sector. We consulted with the authorities, and they have assured us that the recent increase in Bitcoin holdings in the Strategic Bitcoin Reserve Fund is consistent with agreed program conditionality,” they replied. So, if bitcoin reserves have increased as the Bitcoin Office reported through X, how does that align with the commitment not to accumulate more? Loopholes Of The IMF Restrictions On Bitcoin Purchases Taking the agreement, this new clarification and Bukele’s post there some room to explain this apparent contradiction. The strategic bitcoin reserve may be structured to keep it outside the official public sector, allowing it to increase its holdings without violating the agreement. Another option is that not all accumulation is a purchase nor mining. If bitcoin reserves are growing through other financial operations instead of direct public sector involvement it’s not technically “accumulation” in the sense of the agreement. El Salvador could also be reclassifying assets. Bitcoin could be moving between government-controlled entities without being considered a new acquisition. This might be problematic, as the staff report also explicitly states that all the wallets –hot or cold– must be identified. The friendly answer from the IMF also suggests good terms between the Fund and El Salvador’s administration. If reserves are increasing under a policy that supposedly prohibits accumulation, the fact that the Fund clarified shows that there’s a standard criterion that is more flexible than what the documents explain. #ElSalvadorBTC
XRP Bulls Accumulate as Whales Pile In, Holding Above Key Support
In the past week, whale addresses have added 1.34 billion $XRP worth over $3.26 billion. Despite an 18% crash on Monday, XRP has stabilized at $2.45, holding above the crucial $2.33 support level. Technical indicators, including a bullish DAA divergence, suggest renewed buying pressure. Recent activity on the XRP Ledger shows that whale investors have been quietly accumulating large amounts of XRP, potentially setting the stage for a significant price boost. Over the past week, whale addresses holding between 100 million and 1 billion coins added a total of 1.34 billion XRP valued at over $3.26 billion.
While some speculated this buying was linked to XRP’s inclusion in the US Crypto Reserve, it appears that these large holders are simply taking advantage of low prices, anticipating further gains. Despite an 18% drop on Monday, the whales did not sell, indicating strong confidence in the asset’s long-term potential.
XRP Investors Are Betting on Recovery The market is showing signs of resilience as the price DAA divergence flashes a clear buy signal. This technical indicator, combined with a growing number of investors holding onto their positions, suggests that XRP is demonstrating strength even amid broader market volatility.
As overall market conditions improve, the continued buying pressure could help push XRP’s price higher, supporting a sustained rally driven by both retail and institutional participation.Currently trading at $2.45, the coin has managed to hold above its key support level of $2.33.
After enduring significant volatility over the weekend, the altcoin posted a 37% price increase that helped stabilize its value. However, XRP still struggled to secure the $2.70 level as support on Sunday—a barrier that has prevented further upward movement. Should XRP manage to flip $2.70 into support, it could then break through the $2.95 resistance level and move closer to its previous highs.
If the coin fails to breach $2.70, the token may consolidate above $2.33, as seen in previous price action. This consolidation could delay the bullish breakout until clearer market signals emerge. #TrumpCongressSpeech #BBWDocuSeries #WhiteHouseCryptoSummit
Belarus President has just announced a groundbreaking move! 🇧🇾 The country is set to explore Bitcoin mining using its surplus energy!
⚡️ This could be a game-changer for the crypto world and a massive boost for Belarus' economy! 💰
🌍 Why this matters:
Sustainable Energy Use: Harnessing surplus energy for mining is eco-friendly and efficient! 🌱 Economic Growth: This could position Belarus as a major player in the global crypto market! 📈
Innovation Leader: A bold step towards embracing blockchain technology! 🔗
🚀 Here we go! The future of crypto is looking brighter than ever! 🌟