Charles Hoskinson, founder of Cardano, stated that his team did not receive an invitation to the upcoming White House Digital Assets Summit, despite circulating lists suggesting otherwise. He expressed skepticism about the summit’s potential for meaningful policy work.Meanwhile, Solana’s Anatoly Yakovenko raised concerns about the implications of a U.S. strategic crypto reserve on decentralization, as industry leaders prepare for discussions on regulatory changes in the digital currency ecosystem. The SEC has recently closed several lawsuits against major crypto firms, signaling a shift towards more favorable policies.
about Cardano Founder Addresses Summit Absence Amid US Crypto Reserve DiscussionsUnity Software Inc.
0 in Finance and 0 in Crypto last weekBitcoin and SHIB Prices Rise Amid Significant Token Burn and Market Trends
Solana has experienced an 88% drop in token growth, with only 330,000 tokens created in February compared to over 2.3 million in January. This decline, attributed to reduced activity from bot farms, coincides with a 53% decrease in new Solana addresses and a 30% drop in SOL’s value over the past month.
about Bitcoin and SHIB Prices Rise Amid Significant Token Burn and Market TrendsDogecoin Faces Downward Pressure Amid Bearish Indicators and Potential Death Cross
Dogecoin (DOGE) is facing significant bearish pressure, struggling to maintain crucial support at $0.19. With lower highs and a potential death cross on the horizon, further declines could push the price closer to $0.17 unless bulls can reclaim resistance at $0.25. Traders should monitor the EMA crossover closely, as it may signal a more severe downturn.
about Dogecoin Faces Downward Pressure Amid Bearish Indicators and Potential Death CrossDogecoin Faces Pre-Death Cross as Bitcoin Volatility Continues
Changpeng Zhao, co-founder of Binance, shared insights on cryptocurrency market predictions, emphasizing the difficulty of forecasting short-term movements compared to long-term trends. He noted that successful crypto millionaires typically held their assets during market dips, while one billionaire lost status by panic-selling. Despite being banned from running Binance, Zhao remains influential in the crypto community and continues to hold his personal crypto assets.
about Dogecoin Faces Pre-Death Cross as Bitcoin Volatility ContinuesCZ Discusses Crypto Predictions and Secrets of Millionaires in Market Volatility
Changpeng Zhao, co-founder of Binance, shared insights on crypto market predictions, noting that while long-term trends are easier to forecast, short-term movements are challenging. He emphasized that successful crypto millionaires often held their assets during market dips, unlike one billionaire who lost status by selling in panic. Despite being banned from running Binance, Zhao remains influential in the crypto community and continues to hold his personal crypto assets.
about CZ Discusses Crypto Predictions and Secrets of Millionaires in Market VolatilityCryptocurrency Market Volatility Surge Impacts Cardano Ethereum and XRP Trading
XRP has experienced a significant 24% retracement, currently trading at $2.37, just above crucial support at $2.30. Ethereum’s outlook is grim, having dropped below $2,200 and struggling to regain momentum, while Cardano faces unprecedented volatility, with trading activity surging past 600%. The market’s overall uncertainty and recent developments, including the U.S. declaring a strategic crypto reserve, have contributed to these fluctuations.
about Cryptocurrency Market Volatility Surge Impacts Cardano Ethereum and XRP TradingSolana whales sell off amid increased market volatility and price pressure
Solana (SOL) faces increased volatility as a major whale has unstaked 134,902 SOL, valued at approximately $19.3 million, and placed limit orders to sell 135,000 SOL between $171 and $294. This strategic selling approach may pressure SOL’s price, currently around $142, as it struggles to maintain support levels, with potential declines toward $130 or even $100 if selling intensifies. For a bullish reversal, SOL must break above $167, requiring strong demand to overcome significant sell orders above $171.
about Solana whales sell off amid increased market volatility and price pressureMarket Volatility Impacts XRP Ethereum and Cardano Amid Strategic Crypto Reserve Announcement
XRP has retraced 24% after failing to maintain a rally, currently trading at $2.37, just above critical support at $2.30. Ethereum’s price has dropped below $2,200, facing significant selling pressure, while Cardano experienced extreme volatility, with trading sessions seeing swings from $1.15 to $0.81. The altcoin market is increasingly dominated by large-cap cryptocurrencies, reflecting heightened institutional interest and macroeconomic trends.
about Market Volatility Impacts XRP Ethereum and Cardano Amid Strategic Crypto Reserve AnnouncementCryptocurrency Market Faces Sharp Decline Amid Volatility and Investor Sentiment Shift
The cryptocurrency market has experienced a dramatic downturn, losing nearly $500 billion in market capitalization within 48 hours, with major altcoins like Dogecoin, Solana, and XRP dropping up to 20%. This volatility followed the announcement of a U.S. Cryptocurrency Reserve, which initially boosted market sentiment but quickly reversed, highlighting the speculative nature of the market. Record capital outflows of $2.06 billion from cryptocurrency funds further reflect a shift towards safer assets amid global economic uncertainty.
about Cryptocurrency Market Faces Sharp Decline Amid Volatility and Investor Sentiment ShiftDogecoin Sees 530 Million Accumulation Amid Market Volatility
Dogecoin (DOGE) has experienced significant accumulation, with large holders acquiring 530 million coins in just 72 hours, indicating strong whale interest amid recent price volatility. Despite a broader market sell-off, Dogecoin’s decline has been notable, falling over 13% to an intraday low of $0.181, and down approximately 27% weekly.In a positive development for the cryptocurrency sector, the SEC has clarified that meme coins are not classified as securities but rather collectibles, stating that their value is driven by speculative trading and market sentiment rather than investments in an enterprise.
about Dogecoin Sees 530 Million Accumulation Amid Market VolatilityCrypto Market Faces Volatility as Binance CEO Discusses Investment Strategies
The crypto market faces turmoil as nearly $1 billion in leveraged positions were liquidated, with Bitcoin plummeting 28% from a local high of $109,000 to $77,000. Changpeng Zhao, former Binance CEO, emphasized that market dips are normal and advised investors to reassess their positions if volatility is overwhelming. He views the current downturn as part of a natural cycle, suggesting that 2025 could mirror the bullish recovery seen in 2021 following a challenging year.
about Crypto Market Faces Volatility as Binance CEO Discusses Investment StrategiesBinance Warns Users of Rising Security Risks in Cryptocurrency Market
Binance has issued a critical warning to the crypto community about rising security risks, particularly from phishing scams and fake mobile applications that mimic its official app. Users are advised to download apps only from official sources, verify wallet addresses, and conduct trial transfers to safeguard their assets.In related news, Ripple Labs has minted 3,100,000 RLUSD, its dollar-pegged stablecoin, marking a significant addition to the XRP Ledger. This minting follows a 17-day pause and highlights the growing stablecoin ecosystem, with RLUSD’s trading volume surpassing competitors in the market.
about Binance Warns Users of Rising Security Risks in Cryptocurrency Market