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🔴 BREAKING: Donald Trump Speaks About Cryptocurrencies at the World Economic Forum! Here’s What He Says
The new President of the United States, Donald Trump, is giving a live speech at the World Economic Forum virtually and also talked about cryptocurrencies.
Here are the important lines Trump said about cryptocurrencies and the economy:
🔺 Trump started talking about cryptocurrencies in his live speech.
🔺 Trump claims the US will be the world's AI and crypto capital.
🔺 Trump: “Using our energy reserves will make the US the world capital of AI and crypto.”
🔺 Trump is demanding lower interest rates from the Fed.
As the conversation continues, you can access new information by refreshing the page.
#Trump #Crypto
The new President of the United States, Donald Trump, is giving a live speech at the World Economic Forum virtually and also talked about cryptocurrencies.
Here are the important lines Trump said about cryptocurrencies and the economy:
🔺 Trump started talking about cryptocurrencies in his live speech.
🔺 Trump claims the US will be the world's AI and crypto capital.
🔺 Trump: “Using our energy reserves will make the US the world capital of AI and crypto.”
🔺 Trump is demanding lower interest rates from the Fed.
As the conversation continues, you can access new information by refreshing the page.
#Trump #Crypto
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🚀 Here’s why the crypto Altseason could start tomorrow
While Bitcoin (BTC) flirts with the long-awaited $100,000, and Jim Cramer recommends a “buy,” crypto traders eye the Altseason. Historically, money has rotated from Bitcoin into altcoins after significant breakouts, which could occur again this cycle, starting on Sunday.
This is because Sunday, November 24, will close the third consecutive week above Bitcoin’s last weekly candle’s high. Essentially, an altseason started every time this pattern occurred in the previous two cycles, as TechDev shared on X.
An altseason happens when altcoins outperform Bitcoin, diminishing its market cap dominance. Some analysts are already excluding Ethereum (ETH) as part of “altcoin” analysis, given its market size and relevance.
In summary, trading experts and crypto investors expect mid-to-low-caps to outperform the leaders, better distributing the capital among all cryptocurrencies.
🔸 The altcoins season (altseason) is starting
On TechDev’s insight, the Bitcoin and crypto analyst pointed out a pattern that dates back to March 2017. According to him, the last two altseasons started after three consecutive weekly closes above the last Bitcoin weekly high.
This pattern is in play right now, with the third consecutive week to close tomorrow, Sunday night, starting on Monday. Therefore, this week could be a key period for what some experts are labeling “utility altcoins,” with high growth potential.
Notably, TechDev crossed over the Bitcoin Dominance Index (BTC.D) with Bitcoin’s weekly chart, illustrating the start of the altseason.
In this context, some altcoins have already started surging, leading the way for other cryptocurrencies. Solana (SOL), Ripple (XRP), Cardano (ADA), Algorand (ALGO), Hedera (HBAR), Near Protocol (NEAR), and Sui Network (SUI) are some of them, outperforming other projects in the past few days as money starts rotating from Bitcoin and Ethereum to lower caps.
#Altcoin #Altseason #Altcoins
While Bitcoin (BTC) flirts with the long-awaited $100,000, and Jim Cramer recommends a “buy,” crypto traders eye the Altseason. Historically, money has rotated from Bitcoin into altcoins after significant breakouts, which could occur again this cycle, starting on Sunday.
This is because Sunday, November 24, will close the third consecutive week above Bitcoin’s last weekly candle’s high. Essentially, an altseason started every time this pattern occurred in the previous two cycles, as TechDev shared on X.
An altseason happens when altcoins outperform Bitcoin, diminishing its market cap dominance. Some analysts are already excluding Ethereum (ETH) as part of “altcoin” analysis, given its market size and relevance.
In summary, trading experts and crypto investors expect mid-to-low-caps to outperform the leaders, better distributing the capital among all cryptocurrencies.
🔸 The altcoins season (altseason) is starting
On TechDev’s insight, the Bitcoin and crypto analyst pointed out a pattern that dates back to March 2017. According to him, the last two altseasons started after three consecutive weekly closes above the last Bitcoin weekly high.
This pattern is in play right now, with the third consecutive week to close tomorrow, Sunday night, starting on Monday. Therefore, this week could be a key period for what some experts are labeling “utility altcoins,” with high growth potential.
Notably, TechDev crossed over the Bitcoin Dominance Index (BTC.D) with Bitcoin’s weekly chart, illustrating the start of the altseason.
In this context, some altcoins have already started surging, leading the way for other cryptocurrencies. Solana (SOL), Ripple (XRP), Cardano (ADA), Algorand (ALGO), Hedera (HBAR), Near Protocol (NEAR), and Sui Network (SUI) are some of them, outperforming other projects in the past few days as money starts rotating from Bitcoin and Ethereum to lower caps.
#Altcoin #Altseason #Altcoins
📰 Big News: #SEC Plans to Cut 10 Regional Office Leaders as Part of DOGE-Driven Cost-Cutting Plan
The U.S. Securities and Exchange Commission (SEC) plans to remove the top leaders at its 10 regional offices as part of a broader cost-cutting initiative. As reported by Reuters, according to sources familiar with the matter, the SEC informed directors across these offices on Friday that their positions will be eliminated as part of a plan set to be submitted next month.
This move is part of a larger push for cost reductions under the Trump administration, which has been focused on purging federal agencies and cutting expenses. The SEC, which oversees the U.S. capital markets, is responding to pressure from President Donald Trump to reduce staff and expenses.
SEC leaders have been asked to suggest major budget cuts. As part of cost-cutting, a new department DOGE, led by Elon Musk is involved, and Musk has demanded federal employees list their recent accomplishments or risk being fired.
The decision to eliminate the regional directors, which requires approval from the three-person SEC commission, comes as the agency has already started scaling back its crypto enforcement efforts.
The SEC has offices from San Francisco to Miami, where officials lead investigations into public companies, brokers, and investment advisers. These directors play a crucial role in enforcement and examination decisions, making their removal a significant change within the agency. The reorganization plan will be submitted by SEC leaders, including Acting Chairman Mark Uyeda, and is expected to focus on restructuring operations to improve efficiency.
Reacting to the same, former SEC lawyer Marc Fagel said, “It’s almost like the head of DOGE, previously charged with securities fraud and currently the defendant in an ongoing SEC enforcement action, isn’t entirely free of conflicts in dismantling the SEC’s effectiveness.”
The U.S. Securities and Exchange Commission (SEC) plans to remove the top leaders at its 10 regional offices as part of a broader cost-cutting initiative. As reported by Reuters, according to sources familiar with the matter, the SEC informed directors across these offices on Friday that their positions will be eliminated as part of a plan set to be submitted next month.
This move is part of a larger push for cost reductions under the Trump administration, which has been focused on purging federal agencies and cutting expenses. The SEC, which oversees the U.S. capital markets, is responding to pressure from President Donald Trump to reduce staff and expenses.
SEC leaders have been asked to suggest major budget cuts. As part of cost-cutting, a new department DOGE, led by Elon Musk is involved, and Musk has demanded federal employees list their recent accomplishments or risk being fired.
The decision to eliminate the regional directors, which requires approval from the three-person SEC commission, comes as the agency has already started scaling back its crypto enforcement efforts.
The SEC has offices from San Francisco to Miami, where officials lead investigations into public companies, brokers, and investment advisers. These directors play a crucial role in enforcement and examination decisions, making their removal a significant change within the agency. The reorganization plan will be submitted by SEC leaders, including Acting Chairman Mark Uyeda, and is expected to focus on restructuring operations to improve efficiency.
Reacting to the same, former SEC lawyer Marc Fagel said, “It’s almost like the head of DOGE, previously charged with securities fraud and currently the defendant in an ongoing SEC enforcement action, isn’t entirely free of conflicts in dismantling the SEC’s effectiveness.”
⭐️ Altcoin Season Potential Heats Up as Bitcoin Eyes Breakout
Bitcoin is still looking strong, inching up week by week, but bulls are finding it tough to push prices higher. The current market has been choppy, and many calling it a “no trade zone” until a clear breakout happens.
According to an analyst, to trigger the next big move, bulls need to break out of the top of the current range, around $104K. If this plays out, it could fire up bullish momentum and start off a major price increase.
🔸 Resistance at $97-100K: Bears Could Take Over
However, Bitcoin has run into repeated rejections near the $97-100K range. A promising push was stopped cold when the unfortunate Bybit hack undercut any weekend price corrections.
But Bitcoin may get back on track with its upward trend and target the $102-103K range. If Bitcoin can’t break higher soon, the tables could turn in favor of bears, with the price potentially dipping to the $83K range.
🔸 Bitcoin Cycle: Still on Track Despite Volatility
Despite some deviations, the current Bitcoin cycle is still following a pattern similar to past bull runs, like those in 2017 and 2021.
While there might be some volatility, the general direction points to the cycle being far from over. If Bitcoin manages to hold onto important support levels, the trend will likely continue. For now, everything seems to be going as expected based on previous market cycles. Looking forward, Bitcoin could catch up, especially if gold starts to pull back.
Bitcoin dominance remains a key factor in how the market is shaping up, as its rise is weighing down altcoins.
🔸 Altcoin Market Cap: Analyst Sees “Promising” Upside
On a brighter note, according to analyst Michael van de Poppe, the altcoin market capitalization looks promising for upward continuation. If it stays above $750 billion, the market could move toward the next big impulse.
Right now, altcoins are in a “depression stage,” with the bull run yet to begin.
#Altcoin #Altcoins
Bitcoin is still looking strong, inching up week by week, but bulls are finding it tough to push prices higher. The current market has been choppy, and many calling it a “no trade zone” until a clear breakout happens.
According to an analyst, to trigger the next big move, bulls need to break out of the top of the current range, around $104K. If this plays out, it could fire up bullish momentum and start off a major price increase.
🔸 Resistance at $97-100K: Bears Could Take Over
However, Bitcoin has run into repeated rejections near the $97-100K range. A promising push was stopped cold when the unfortunate Bybit hack undercut any weekend price corrections.
But Bitcoin may get back on track with its upward trend and target the $102-103K range. If Bitcoin can’t break higher soon, the tables could turn in favor of bears, with the price potentially dipping to the $83K range.
🔸 Bitcoin Cycle: Still on Track Despite Volatility
Despite some deviations, the current Bitcoin cycle is still following a pattern similar to past bull runs, like those in 2017 and 2021.
While there might be some volatility, the general direction points to the cycle being far from over. If Bitcoin manages to hold onto important support levels, the trend will likely continue. For now, everything seems to be going as expected based on previous market cycles. Looking forward, Bitcoin could catch up, especially if gold starts to pull back.
Bitcoin dominance remains a key factor in how the market is shaping up, as its rise is weighing down altcoins.
🔸 Altcoin Market Cap: Analyst Sees “Promising” Upside
On a brighter note, according to analyst Michael van de Poppe, the altcoin market capitalization looks promising for upward continuation. If it stays above $750 billion, the market could move toward the next big impulse.
Right now, altcoins are in a “depression stage,” with the bull run yet to begin.
#Altcoin #Altcoins
🔵 #PICoin Price Prediction Today: Is It Time To Dump?
The Pi Coin uptrend has been strong, but current market conditions suggest we might see some short-term fluctuations. Based on recent analysis, the price action is indicating potential for both short and long-term moves depending on how it behaves around certain price levels. At press time, Pi Coin is down by more than two percent and is trading at $1.57.
Now, what happens next is crucial. If Pi manages to hold above the $1.50 mark and breaks the resistance at $1.72, it could see a bullish reversal that might push the price higher. In this case, a potential rally could take the price toward the $1.80-$1.85 range.
However, if Pi fails to hold the $1.60 support level, we might see more downside action, potentially confirming a deeper bearish trend. The support and resistance levels at $1.50 and $1.72-$1.75 will be key to determining which direction the price will head in the near future.
🔸 Risks to Consider
While Pi’s rally is impressive, the crypto market is known for its volatility. After the initial excitement, early adopters might sell off their tokens, causing prices to dip. The possibility of a Binance listing adds credibility but also invites more speculative trading, which could lead to price swings. Predictions for Pi’s future range from $2.50 to $10 per coin.
🔸 What is Pi Network?
Pi Network, launched in 2019, was created to make crypto mining accessible to anyone with a smartphone, without the need for expensive equipment or high energy consumption. This approach has helped Pi gain millions of users worldwide. On February 20th, Pi Network took a major step by transitioning to an open mainnet, allowing users to convert their Pi tokens into real value like other cryptocurrencies or even cash. With millions of users already, Pi has created a unique, user-friendly way to mine and participate in crypto.
#PI #PInetwork #PiNetworkMainnet
The Pi Coin uptrend has been strong, but current market conditions suggest we might see some short-term fluctuations. Based on recent analysis, the price action is indicating potential for both short and long-term moves depending on how it behaves around certain price levels. At press time, Pi Coin is down by more than two percent and is trading at $1.57.
Now, what happens next is crucial. If Pi manages to hold above the $1.50 mark and breaks the resistance at $1.72, it could see a bullish reversal that might push the price higher. In this case, a potential rally could take the price toward the $1.80-$1.85 range.
However, if Pi fails to hold the $1.60 support level, we might see more downside action, potentially confirming a deeper bearish trend. The support and resistance levels at $1.50 and $1.72-$1.75 will be key to determining which direction the price will head in the near future.
🔸 Risks to Consider
While Pi’s rally is impressive, the crypto market is known for its volatility. After the initial excitement, early adopters might sell off their tokens, causing prices to dip. The possibility of a Binance listing adds credibility but also invites more speculative trading, which could lead to price swings. Predictions for Pi’s future range from $2.50 to $10 per coin.
🔸 What is Pi Network?
Pi Network, launched in 2019, was created to make crypto mining accessible to anyone with a smartphone, without the need for expensive equipment or high energy consumption. This approach has helped Pi gain millions of users worldwide. On February 20th, Pi Network took a major step by transitioning to an open mainnet, allowing users to convert their Pi tokens into real value like other cryptocurrencies or even cash. With millions of users already, Pi has created a unique, user-friendly way to mine and participate in crypto.
#PI #PInetwork #PiNetworkMainnet
⚡️ Hedera ($HBAR ) Price Rises 6% And Approaches Resistance with Cautious Optimism
Hedera (HBAR) is down more than 4% in the last 24 hours, with its market cap now at $8.4 billion. Despite a short-term spike earlier today, HBAR’s BBTrend remains negative, signaling persistent bearish momentum.
However, the Ichimoku Cloud indicates a potential bullish reversal if buying interest strengthens. If short-term EMA lines cross above long-term ones, HBAR could test resistance at $0.24 and potentially rise above $0.30 for the first time since February 1.
🔸 #HBAR BBTrend Shows a Failed Bullish Trend Attempt
HBAR’s BBTrend is currently at -0.71 and has remained negative since February 18, indicating a persistent bearish momentum. The indicator hit a negative peak of -6.21 on February 20 before gradually recovering to -0.06 yesterday, only to drop again.
BBTrend, or Bollinger Band Trend, measures the momentum and direction of price movements relative to the Bollinger Bands. A negative value suggests that the price is trending toward the lower band, signaling bearish sentiment, while a positive value indicates bullish momentum toward the upper band.
Hedera’s BBTrend at -0.71, dropping from -0.06 yesterday, suggests that bearish momentum is regaining strength after a brief recovery attempt. This reversal indicates renewed selling pressure, potentially leading to further price declines if the negative trend continues.
The inability to maintain a positive shift signals weakness in buying interest, increasing the likelihood of continued downside movement for HBAR. If BBTrend remains negative, HBAR could face more selling pressure until a clear reversal emerges.
🔸 HBAR Ichimoku Cloud Shows a Bullish Trend Could Form, But It’s Not Established Yet
The Ichimoku Cloud chart for HBAR shows that the price has recently broken above the cloud, which is typically a bullish signal. However, the cloud ahead is thin and slightly bearish, indicating weak resistance.
The blue Tenkan-sen line is above the red Kijun-sen line, suggesting short-term bullish momentum.
Hedera (HBAR) is down more than 4% in the last 24 hours, with its market cap now at $8.4 billion. Despite a short-term spike earlier today, HBAR’s BBTrend remains negative, signaling persistent bearish momentum.
However, the Ichimoku Cloud indicates a potential bullish reversal if buying interest strengthens. If short-term EMA lines cross above long-term ones, HBAR could test resistance at $0.24 and potentially rise above $0.30 for the first time since February 1.
🔸 #HBAR BBTrend Shows a Failed Bullish Trend Attempt
HBAR’s BBTrend is currently at -0.71 and has remained negative since February 18, indicating a persistent bearish momentum. The indicator hit a negative peak of -6.21 on February 20 before gradually recovering to -0.06 yesterday, only to drop again.
BBTrend, or Bollinger Band Trend, measures the momentum and direction of price movements relative to the Bollinger Bands. A negative value suggests that the price is trending toward the lower band, signaling bearish sentiment, while a positive value indicates bullish momentum toward the upper band.
Hedera’s BBTrend at -0.71, dropping from -0.06 yesterday, suggests that bearish momentum is regaining strength after a brief recovery attempt. This reversal indicates renewed selling pressure, potentially leading to further price declines if the negative trend continues.
The inability to maintain a positive shift signals weakness in buying interest, increasing the likelihood of continued downside movement for HBAR. If BBTrend remains negative, HBAR could face more selling pressure until a clear reversal emerges.
🔸 HBAR Ichimoku Cloud Shows a Bullish Trend Could Form, But It’s Not Established Yet
The Ichimoku Cloud chart for HBAR shows that the price has recently broken above the cloud, which is typically a bullish signal. However, the cloud ahead is thin and slightly bearish, indicating weak resistance.
The blue Tenkan-sen line is above the red Kijun-sen line, suggesting short-term bullish momentum.
🟠 Bitcoin slides under $92K as stocks struggle
Bitcoin ($BTC ) extended its decline on Monday, pressured by widespread bearish sentiment across the crypto market and ongoing weakness in US stocks.
As markets closed, Bitcoin slipped under $91,015, marking a 2% drop over the past 24 hours and the lowest price this month.
On the other hand, Ether (ETH) saw a steeper decline, falling 5.9% during the same period. This follows a major hack on the ByBit platform last Friday, which resulted in the theft of over 446,000 tokens worth more than $1.4 billion.
Still, ByBit has assured users that it has restored a 1:1 backing for customer assets and closed the so-called “ether gap.” The attack has been linked to the Lazarus Group, a North Korean state-backed hacker collective known for targeting cryptocurrency platforms.
After last week’s sharp declines, an attempted rebound in major US stock indices faltered Monday afternoon, with the Nasdaq closing 1.2% lower and the S&P 500 slipping 0.5%.
🔸 Solana leads crypto declines as inflation and token unlocks weigh
Among major cryptocurrencies, Solana (SOL) was the worst performer, plunging nearly 10% in the past 24 hours and a staggering 41% over the past month. Beyond its association with the waning meme coin frenzy, SOL is also under pressure from upcoming token unlocks in March and a 30% rise in SOL inflation following the implementation of SIMD-96, which modified the network’s fee structure. Trading at $151 at press time, SOL has now erased all its post-election gains.
“Trying to communicate to folks who may be feeling complacency/denial that $95,000 is still not a bad exit price relative to where I think we could trade in 6-12 months,” Quinn Thompson, founder of Lekker Capital, a crypto hedge fund that specializes in using macroeconomic data for its trades, posted on social media.
Thompson projected an 80% probability that Bitcoin will not reach new highs within the next three months and a 51% chance that it will remain below record levels for the next year.
#BTC #Bitcoin
Bitcoin ($BTC ) extended its decline on Monday, pressured by widespread bearish sentiment across the crypto market and ongoing weakness in US stocks.
As markets closed, Bitcoin slipped under $91,015, marking a 2% drop over the past 24 hours and the lowest price this month.
On the other hand, Ether (ETH) saw a steeper decline, falling 5.9% during the same period. This follows a major hack on the ByBit platform last Friday, which resulted in the theft of over 446,000 tokens worth more than $1.4 billion.
Still, ByBit has assured users that it has restored a 1:1 backing for customer assets and closed the so-called “ether gap.” The attack has been linked to the Lazarus Group, a North Korean state-backed hacker collective known for targeting cryptocurrency platforms.
After last week’s sharp declines, an attempted rebound in major US stock indices faltered Monday afternoon, with the Nasdaq closing 1.2% lower and the S&P 500 slipping 0.5%.
🔸 Solana leads crypto declines as inflation and token unlocks weigh
Among major cryptocurrencies, Solana (SOL) was the worst performer, plunging nearly 10% in the past 24 hours and a staggering 41% over the past month. Beyond its association with the waning meme coin frenzy, SOL is also under pressure from upcoming token unlocks in March and a 30% rise in SOL inflation following the implementation of SIMD-96, which modified the network’s fee structure. Trading at $151 at press time, SOL has now erased all its post-election gains.
“Trying to communicate to folks who may be feeling complacency/denial that $95,000 is still not a bad exit price relative to where I think we could trade in 6-12 months,” Quinn Thompson, founder of Lekker Capital, a crypto hedge fund that specializes in using macroeconomic data for its trades, posted on social media.
Thompson projected an 80% probability that Bitcoin will not reach new highs within the next three months and a 51% chance that it will remain below record levels for the next year.
#BTC #Bitcoin
📊 Top Cryptocurrencies to Consider After the Pi Network Crash
The mainnet launch of Pi Network resulted in price droppings that have caused investors to search for alternative cryptocurrencies that demonstrate strong fundamentals and expansion capabilities. The alternatives comprise Algorand (ALGO), Litecoin (LTC), Polkadot (DOT), Terra Luna Classic (LUNC), and MANTRA (OM).
🔸 Algorand (#ALGO ): An Innovative Blockchain Platform
Algorand operates as a fast and highly secure blockchain platform. Pure Proof-of-Stake serves as the consensus protocol of Algorand to provide both maximum decentralization and operational efficiency. ALGO is trading in the market at $0.260407 on the current day.
🔸 Litecoin (#LTC ): A Superior Digital Currency
Litecoin offers a remarkable alternative to Bitcoin, providing faster transaction confirmations and a different hashing algorithm. Its innovative features make it a preferred choice for merchants and users seeking a reliable digital payment method. At present the market value of LTC stands at $126.39.
🔸 Polkadot (#DOT ): A Groundbreaking Multi-Chain Network
Polkadot facilitates blockchain interoperability which creates an active network of linked blockchain systems. The combination of unparalleled scalability along flexibility makes Polkadot stand as a revolutionary actor in the crypto field. At the present value, DOT stands at $5.05.
🔸 Terra Luna Classic (#LUNC ): A Resilient Decentralized Finance Token
Even through past setbacks, Terra Luna Classic continues to show significance in the decentralized finance sector. Operations at Terra Luna Classic hold firm because of its innovative decentralized application work and stablecoin solutions. At this moment LUNC trading stands at $0.00007343 per unit.
🔸 MANTRA (#OM ): A Profitable DeFi Platform
MANTRA is a community-governed DeFi platform focusing on staking, lending, and governance. Its exceptional suite of financial services offers users lucrative opportunities within the crypto ecosystem. OM is trading at around $7.54.
The mainnet launch of Pi Network resulted in price droppings that have caused investors to search for alternative cryptocurrencies that demonstrate strong fundamentals and expansion capabilities. The alternatives comprise Algorand (ALGO), Litecoin (LTC), Polkadot (DOT), Terra Luna Classic (LUNC), and MANTRA (OM).
🔸 Algorand (#ALGO ): An Innovative Blockchain Platform
Algorand operates as a fast and highly secure blockchain platform. Pure Proof-of-Stake serves as the consensus protocol of Algorand to provide both maximum decentralization and operational efficiency. ALGO is trading in the market at $0.260407 on the current day.
🔸 Litecoin (#LTC ): A Superior Digital Currency
Litecoin offers a remarkable alternative to Bitcoin, providing faster transaction confirmations and a different hashing algorithm. Its innovative features make it a preferred choice for merchants and users seeking a reliable digital payment method. At present the market value of LTC stands at $126.39.
🔸 Polkadot (#DOT ): A Groundbreaking Multi-Chain Network
Polkadot facilitates blockchain interoperability which creates an active network of linked blockchain systems. The combination of unparalleled scalability along flexibility makes Polkadot stand as a revolutionary actor in the crypto field. At the present value, DOT stands at $5.05.
🔸 Terra Luna Classic (#LUNC ): A Resilient Decentralized Finance Token
Even through past setbacks, Terra Luna Classic continues to show significance in the decentralized finance sector. Operations at Terra Luna Classic hold firm because of its innovative decentralized application work and stablecoin solutions. At this moment LUNC trading stands at $0.00007343 per unit.
🔸 MANTRA (#OM ): A Profitable DeFi Platform
MANTRA is a community-governed DeFi platform focusing on staking, lending, and governance. Its exceptional suite of financial services offers users lucrative opportunities within the crypto ecosystem. OM is trading at around $7.54.
⭐️ Celestia $TIA ’s Rejections At $3.80 Could Expedite Further Drop
After a period of upward movement over the past few weeks, Celestia (TIA) could be preparing to witness increased price fluctuations leading to a breakout from the current uptrend. That is according to data presented by market analyst Ali Martinez today. The analyst disclosed that TIA is currently experiencing rejection at a crucial resistance level and is showing some warning indicators.
💬 Celestia facing rejection at $3.80 could signal a potential drop to $1.60! — Ali (@ali_charts) February 23, 2025
🔸 Why is Celestia rejected at $3.80
Over the past week, TIA has been trading upwards, registering increases that have bolstered its price above the $3.0 mark. However, as per Martinez’s technical chart, the Celestia price has been facing rejections at $3.80.
According to his technical analysis, the analyst projected that Celestia’s price could see a potential drop to a low of $1.60 soon. A current formation of a traditional bear flag pattern on the TIA price chart signals a possible significant breakout from the current uptrend.
The rejections at the $3.80 price mark are significant for the altcoin’s movement, as they triggered the formation of the bear flag pattern. This pattern is often recognized as a bearish signal during an upward movement. It indicates a potential end of an asset’s uptrend. In the context of Celestia, Martinez suggests that the asset’s recent rejections at $3.80 signal a significant drop to a low of $1.60 soon. However, this pullback will create an opportunity for those looking to accumulate TIA at a discount.
🔸 TIA price updates
Celestia is displaying rising indicators of weakness, as on-chain analysis shows a looming bearish outlook ahead. Although the altcoin’s price has been up 20.5% over the past two weeks, there are worrying signs indicating that TIA could be moving towards a significant decline soon.
#TIA #Celestia
After a period of upward movement over the past few weeks, Celestia (TIA) could be preparing to witness increased price fluctuations leading to a breakout from the current uptrend. That is according to data presented by market analyst Ali Martinez today. The analyst disclosed that TIA is currently experiencing rejection at a crucial resistance level and is showing some warning indicators.
💬 Celestia facing rejection at $3.80 could signal a potential drop to $1.60! — Ali (@ali_charts) February 23, 2025
🔸 Why is Celestia rejected at $3.80
Over the past week, TIA has been trading upwards, registering increases that have bolstered its price above the $3.0 mark. However, as per Martinez’s technical chart, the Celestia price has been facing rejections at $3.80.
According to his technical analysis, the analyst projected that Celestia’s price could see a potential drop to a low of $1.60 soon. A current formation of a traditional bear flag pattern on the TIA price chart signals a possible significant breakout from the current uptrend.
The rejections at the $3.80 price mark are significant for the altcoin’s movement, as they triggered the formation of the bear flag pattern. This pattern is often recognized as a bearish signal during an upward movement. It indicates a potential end of an asset’s uptrend. In the context of Celestia, Martinez suggests that the asset’s recent rejections at $3.80 signal a significant drop to a low of $1.60 soon. However, this pullback will create an opportunity for those looking to accumulate TIA at a discount.
🔸 TIA price updates
Celestia is displaying rising indicators of weakness, as on-chain analysis shows a looming bearish outlook ahead. Although the altcoin’s price has been up 20.5% over the past two weeks, there are worrying signs indicating that TIA could be moving towards a significant decline soon.
#TIA #Celestia
⚡️ Arbitrum DAO committee proposal to invest 7,500 ETH in non-native projects sparks criticism
Arbitrum's plan to reinvest some of its Ethereum holdings in yield-bearing opportunities has run into a snag, with some delegates opposing the recommendations of its three-member Growth Management Committee (GMC).
The GMC recommended that 7,500 ETH from Arbitrum's treasury be deployed to three decentralized finance protocols, none of which are Arbitrum-native. The committee proposed investing 5,000 ETH in liquid staking protocol Lido, in exchange for 5,000 wstETH (staked ETH) tokens, then investing the 5,000 wstETH in Aave V3 on Arbitrum to encourage borrowing and benefit from a planned incentive program involving Lido, Aave, Renzo, and Kelp. The final 2,500 ETH would be deployed to lending protocol Fluid's Arbitrum platform.
The committee settled on the recommendations after reviewing proposals from 45 protocols, including Arbitrum-native protocols such as Dolomite, GMX, and Camelot. The GMC expects the wstETH deposits to generate 4.54% yield, with the Fluid allocation generating 1-2% native ETH yield and generating liquidity for the Arbitrum ecosystem. GMC members did not respond to requests for comment by publication time.
"While the GMC wanted to venture further down the risk curve in order to increase yield, help bootstrap up and coming protocols, bolster Arbitrum native/aligned protocols, among other desires, it determined that a strong/conservative foundation for the DAO’s treasury strategy made the most sense until the DAO becomes more capable of actively managing positions," Entropy Advisors wrote in the proposal.
#ARB #ArbitrumBOLD
Arbitrum's plan to reinvest some of its Ethereum holdings in yield-bearing opportunities has run into a snag, with some delegates opposing the recommendations of its three-member Growth Management Committee (GMC).
The GMC recommended that 7,500 ETH from Arbitrum's treasury be deployed to three decentralized finance protocols, none of which are Arbitrum-native. The committee proposed investing 5,000 ETH in liquid staking protocol Lido, in exchange for 5,000 wstETH (staked ETH) tokens, then investing the 5,000 wstETH in Aave V3 on Arbitrum to encourage borrowing and benefit from a planned incentive program involving Lido, Aave, Renzo, and Kelp. The final 2,500 ETH would be deployed to lending protocol Fluid's Arbitrum platform.
The committee settled on the recommendations after reviewing proposals from 45 protocols, including Arbitrum-native protocols such as Dolomite, GMX, and Camelot. The GMC expects the wstETH deposits to generate 4.54% yield, with the Fluid allocation generating 1-2% native ETH yield and generating liquidity for the Arbitrum ecosystem. GMC members did not respond to requests for comment by publication time.
"While the GMC wanted to venture further down the risk curve in order to increase yield, help bootstrap up and coming protocols, bolster Arbitrum native/aligned protocols, among other desires, it determined that a strong/conservative foundation for the DAO’s treasury strategy made the most sense until the DAO becomes more capable of actively managing positions," Entropy Advisors wrote in the proposal.
#ARB #ArbitrumBOLD
🔹 Chainlink ($LINK ) Consolidation Signals Potential Rally
Chainlink (LINK) closed indecisively at $17.96, struggling to break resistance at $19.50.
The price remained inside the $16.00 – $19.50 range, signaling market hesitation.
A breakout above $19.50 could push LINK toward $30.00, with a long-term target of $37.00 if momentum sustained.
Intraday volatility kept LINK within a tight consolidation phase. Above $19.75, buying pressure could strengthen, leading to bullish continuation.
Failing to hold $16.00 might trigger a decline toward $12.80 and possibly $10.00.
A W-pattern breakout played out in October 2024, leading LINK from $9.50 to over $20.00 in weeks.
Exchange supply dropped to 0.147, indicating fewer tokens available for sale, a historically bullish sign.
LINK needed more daily candle confirmations before upward continuation. Long-term, increased DeFi adoption and reduced exchange supply supported bullish price action.
A move past $30.00 would confirm LINK’s recovery, with a strong probability of reaching $37.00.
🔸 What Plummeting Chainlink Supply on Exchanges Means?
Analysis of Chainlink’s exchange supply dropped to 0.147, marked a sharp decline. Historically, such trends signaled whale accumulation rather than sell-offs.
This pattern suggested a potential supply shock in the coming months. LINK’s price fell to $17.80, correlating with the declining exchange supply.
Despite short-term weakness, supply reduction often preceded strong price rebounds. The last major supply drop in late 2024 led to LINK rallying from $9.50 to $25.00.
Whales accumulated aggressively as retail panic-selling increased. OTC transactions likely influenced price suppression, ensuring accumulation at lower levels.
The market’s current manipulation phase suggested institutions were positioning for future price surges.
LINK needed to reclaim $19.50 to confirm strength. A continued decline below $15.00 might trigger a test of $12.80.
#LINK #Chainlink
Chainlink (LINK) closed indecisively at $17.96, struggling to break resistance at $19.50.
The price remained inside the $16.00 – $19.50 range, signaling market hesitation.
A breakout above $19.50 could push LINK toward $30.00, with a long-term target of $37.00 if momentum sustained.
Intraday volatility kept LINK within a tight consolidation phase. Above $19.75, buying pressure could strengthen, leading to bullish continuation.
Failing to hold $16.00 might trigger a decline toward $12.80 and possibly $10.00.
A W-pattern breakout played out in October 2024, leading LINK from $9.50 to over $20.00 in weeks.
Exchange supply dropped to 0.147, indicating fewer tokens available for sale, a historically bullish sign.
LINK needed more daily candle confirmations before upward continuation. Long-term, increased DeFi adoption and reduced exchange supply supported bullish price action.
A move past $30.00 would confirm LINK’s recovery, with a strong probability of reaching $37.00.
🔸 What Plummeting Chainlink Supply on Exchanges Means?
Analysis of Chainlink’s exchange supply dropped to 0.147, marked a sharp decline. Historically, such trends signaled whale accumulation rather than sell-offs.
This pattern suggested a potential supply shock in the coming months. LINK’s price fell to $17.80, correlating with the declining exchange supply.
Despite short-term weakness, supply reduction often preceded strong price rebounds. The last major supply drop in late 2024 led to LINK rallying from $9.50 to $25.00.
Whales accumulated aggressively as retail panic-selling increased. OTC transactions likely influenced price suppression, ensuring accumulation at lower levels.
The market’s current manipulation phase suggested institutions were positioning for future price surges.
LINK needed to reclaim $19.50 to confirm strength. A continued decline below $15.00 might trigger a test of $12.80.
#LINK #Chainlink
📊 Cardano price eyes 70% jump as Hoskinson blasts Ethereum, Solana
Cardano was in a tight range at a crucial support level after Charles Hoskinson made a case for the network and its token.
Cardano (#ADA ) was trading at $0.80, down by over 40% from its highest level in December last year.
The coin wavered after Hoskinson, its founder, blasted Ethereum and Solana in a long YouTube interview. In it, he noted that its biggest differentiating factor was that it was working on integrating with Bitcoin — a move that he believes is an unexplored $2 trillion opportunity. He said:
“Somebody is going to crack it. We will work on it hard as we aim to be the Decentralized Finance or DeFi layer of the Bitcoin network. I don’t think it Ethereum (ETH) and Solana (SOL) have what it takes to achieve this.”
Hoskinson’s interview came a few months after Cardano announced a partnership with BitcoinOS.This integration is expected to be activated in the next few months.
Cardano is not the first blockchain to create a Bitcoin layer. Core, a layer-2 for Bitcoin’s ecosystem, has attracted 53 developers and a total value locked of $626 million. Stacks (STX) has 12 dApps and $104 million in assets.
Hoskinson also criticized Ethereum for promoting layer-2 networks, which have taken its users. L2 networks like Base, Arbitrum, and Optimism have become key players in the Ethereum network, handling transactions worth billions of dollars. These L2 networks are popular because of their lower transaction fees and the fact that they leverage Ethereum’s security.
He also blasted Solana, a highly popular Cardano competitor, arguing that it cannot survive, especially when data moved in its ecosystem surges.
Hoskinson’s interview came a week ahead of his so-called VIP meeting. Crypto analysts anticipate it will be X owner Elon Musk.
#ADA #Cardano
Cardano was in a tight range at a crucial support level after Charles Hoskinson made a case for the network and its token.
Cardano (#ADA ) was trading at $0.80, down by over 40% from its highest level in December last year.
The coin wavered after Hoskinson, its founder, blasted Ethereum and Solana in a long YouTube interview. In it, he noted that its biggest differentiating factor was that it was working on integrating with Bitcoin — a move that he believes is an unexplored $2 trillion opportunity. He said:
“Somebody is going to crack it. We will work on it hard as we aim to be the Decentralized Finance or DeFi layer of the Bitcoin network. I don’t think it Ethereum (ETH) and Solana (SOL) have what it takes to achieve this.”
Hoskinson’s interview came a few months after Cardano announced a partnership with BitcoinOS.This integration is expected to be activated in the next few months.
Cardano is not the first blockchain to create a Bitcoin layer. Core, a layer-2 for Bitcoin’s ecosystem, has attracted 53 developers and a total value locked of $626 million. Stacks (STX) has 12 dApps and $104 million in assets.
Hoskinson also criticized Ethereum for promoting layer-2 networks, which have taken its users. L2 networks like Base, Arbitrum, and Optimism have become key players in the Ethereum network, handling transactions worth billions of dollars. These L2 networks are popular because of their lower transaction fees and the fact that they leverage Ethereum’s security.
He also blasted Solana, a highly popular Cardano competitor, arguing that it cannot survive, especially when data moved in its ecosystem surges.
Hoskinson’s interview came a week ahead of his so-called VIP meeting. Crypto analysts anticipate it will be X owner Elon Musk.
#ADA #Cardano
😎 CZ learns to trade
He spent 1 BNB ($660) to buy 5,388 TST and then added 1,111 TST to the liquidity pool. It was a tough mission for him...
TST has already given 48% growth today. CZ has warmed up quite well 😇
#CZ
He spent 1 BNB ($660) to buy 5,388 TST and then added 1,111 TST to the liquidity pool. It was a tough mission for him...
TST has already given 48% growth today. CZ has warmed up quite well 😇
#CZ
🟡 Altcoin Collapse Likely Coming in Q3 of This Year, According to Analyst Benjamin Cowen – Here’s Why
Widely followed crypto analyst Benjamin Cowen says that altcoins are likely to collapse in the third quarter of 2025.
In a new strategy session, Cowen tells his 874,000 YouTube subscribers that judging by previous cycles, altcoins likely have another leg to move down sometime during Q3 of movement as their movements are largely coupled with the price action of Bitcoin (BTC).
He says that around November is when altcoins can mount their recovery.
“I think at some point this year, [altcoins are] probably going to break down… And maybe [they’ll] do that this summer and then we’ll see them sort of bounce back up later on this year, something like where they come down here and then maybe go up. Remember, [the] big move by alt/Bitcoin pairs in 2017 didn’t actually occur until November so you have to remember that.”
Cowen’s chart, which examines TOTAL3 – an index that tracks the total value of all digital assets excluding Bitcoin, Ethereum (ETH) and stablecoins – appears to suggest that it will fall below the 0.27 line when paired against BTC. TOTAL3/BTC is currently sitting at 0.47.
In previous cycles when TOTAL3/BTC touched the 0.27 area, the altcoin market collapsed.
Cowen goes on to say that the health of the altcoin market is largely dependent on BTC, and potentially the yields in 10-year Treasuries which often reflect investors’ general risk appetite.
“If Bitcoin breaks up to a new cycle high, then I think Bitcoin would lead that move, so the altcoin markets’ fate in March is just dependent on Bitcoin. If Bitcoin goes up, they’ll go up too…
If Bitcoin breaks down, I think it would probably correspond to maybe a surge in the long end of the yield curve, and that is something we’ve been tracking. If you actually look at the 10-year yield, one of the things that actually caused Bitcoin to sort of consolidate [previously] and then eventually break down was a surge of the 10-year yield.”
#Altcoin #Altcoins
Widely followed crypto analyst Benjamin Cowen says that altcoins are likely to collapse in the third quarter of 2025.
In a new strategy session, Cowen tells his 874,000 YouTube subscribers that judging by previous cycles, altcoins likely have another leg to move down sometime during Q3 of movement as their movements are largely coupled with the price action of Bitcoin (BTC).
He says that around November is when altcoins can mount their recovery.
“I think at some point this year, [altcoins are] probably going to break down… And maybe [they’ll] do that this summer and then we’ll see them sort of bounce back up later on this year, something like where they come down here and then maybe go up. Remember, [the] big move by alt/Bitcoin pairs in 2017 didn’t actually occur until November so you have to remember that.”
Cowen’s chart, which examines TOTAL3 – an index that tracks the total value of all digital assets excluding Bitcoin, Ethereum (ETH) and stablecoins – appears to suggest that it will fall below the 0.27 line when paired against BTC. TOTAL3/BTC is currently sitting at 0.47.
In previous cycles when TOTAL3/BTC touched the 0.27 area, the altcoin market collapsed.
Cowen goes on to say that the health of the altcoin market is largely dependent on BTC, and potentially the yields in 10-year Treasuries which often reflect investors’ general risk appetite.
“If Bitcoin breaks up to a new cycle high, then I think Bitcoin would lead that move, so the altcoin markets’ fate in March is just dependent on Bitcoin. If Bitcoin goes up, they’ll go up too…
If Bitcoin breaks down, I think it would probably correspond to maybe a surge in the long end of the yield curve, and that is something we’ve been tracking. If you actually look at the 10-year yield, one of the things that actually caused Bitcoin to sort of consolidate [previously] and then eventually break down was a surge of the 10-year yield.”
#Altcoin #Altcoins
🐋 Litecoin Whales On Buying Spree Sack 930K Coins Amid $LTC ETF Buzz, What’s Next?
Litecoin whales have shaken the crypto market to its core on Saturday, embarking on a massive buying spree amid the latest ETF advancement. Renowned crypto analyst Ali Martinez revealed that these whales accumulated nearly 1 million tokens over the past two weeks. Investors are eyeing this as a highly bullish event, given that the market has also seen Canary Capital’s LTC ETF on the Depository Trust & Clearing Corporation (DTCC) recently.
🔸 #Litecoin Whales Buy Heavily, Investors Bullish Amid ETF Development
According to an X post by Ali Martinez on February 22, Litecoin whales acquired 930,000 tokens in the past two weeks. This data reverberated substantial market optimism for the crypto, underscoring heightened buying pressure despite the broader market turbulence.
Notably, crypto whales are large-scale investors with considerable trading experience in the market. Their trade maneuver to accumulate coins surfaces as bullish news, underlining market confidence in the token’s potential to gain on the back of recent developments.
🔸 Canary Capital’s ETF Emerges On DTCC
The latest ETF development for the token has solidified hopes of an approval ahead. CoinGape reported that Canary’s LTC ETF appeared on the DTCC platform under the ticker LTCC this week. This saga has solidified investor bullishness as an exchange-traded product backed by the crypto may be available soon.
Also, renowned ETF analyst Eric Balchunas further anticipated that there is a 90% chance of approval in 2025. The Litecoin whale accumulations amid this bullish event have further boosted the coin’s market sentiment, indicating potential gains ahead.
🔸 #LTC Price Eyes Rally?
However, despite the massive buying, LTC price tanked over 5% on Saturday, closing in at $128.13. The coin hit a bottom and peak of $123.93 and $139.86 in the past 24 hours. The weekly chart for the token also illustrated a 3% drop. This waning action primarily falls in with the broader crypto market volatility.
Litecoin whales have shaken the crypto market to its core on Saturday, embarking on a massive buying spree amid the latest ETF advancement. Renowned crypto analyst Ali Martinez revealed that these whales accumulated nearly 1 million tokens over the past two weeks. Investors are eyeing this as a highly bullish event, given that the market has also seen Canary Capital’s LTC ETF on the Depository Trust & Clearing Corporation (DTCC) recently.
🔸 #Litecoin Whales Buy Heavily, Investors Bullish Amid ETF Development
According to an X post by Ali Martinez on February 22, Litecoin whales acquired 930,000 tokens in the past two weeks. This data reverberated substantial market optimism for the crypto, underscoring heightened buying pressure despite the broader market turbulence.
Notably, crypto whales are large-scale investors with considerable trading experience in the market. Their trade maneuver to accumulate coins surfaces as bullish news, underlining market confidence in the token’s potential to gain on the back of recent developments.
🔸 Canary Capital’s ETF Emerges On DTCC
The latest ETF development for the token has solidified hopes of an approval ahead. CoinGape reported that Canary’s LTC ETF appeared on the DTCC platform under the ticker LTCC this week. This saga has solidified investor bullishness as an exchange-traded product backed by the crypto may be available soon.
Also, renowned ETF analyst Eric Balchunas further anticipated that there is a 90% chance of approval in 2025. The Litecoin whale accumulations amid this bullish event have further boosted the coin’s market sentiment, indicating potential gains ahead.
🔸 #LTC Price Eyes Rally?
However, despite the massive buying, LTC price tanked over 5% on Saturday, closing in at $128.13. The coin hit a bottom and peak of $123.93 and $139.86 in the past 24 hours. The weekly chart for the token also illustrated a 3% drop. This waning action primarily falls in with the broader crypto market volatility.
🔥 #Pi Coin Price Prediction: Analyst Says 10x Gains Soon
Pi Coin made its highly anticipated debut on various exchanges on February 20, 2025. However, after a much-hyped launch, the price experienced a sharp drop, falling by 65%. At the time of writing, Pi Coin is trading at $0.75 and has seen a decline of more than 7% in the past 24 hours. Despite the aggressive selling pressure fueled by market uncertainty, analysts, including Kim Wong, remain hopeful about the coin’s future trajectory.
🔸 Initial Trading Activity and Price Movements
When Pi Coin first launched on February 20, it traded at $2, reaching a high of $2.20 and a low of $0.09. Since then, its price has been relatively volatile, and as of February 22, Pi Coin has been trading within a range of $0.60 to $0.80. According to Wong, once Pi Coin manages to break above the $0.80 mark, it is likely to quickly move toward the $1 range. Once it surpasses $1, the $2 level could be within reach. A possible trigger for such a breakout could come from news regarding a Binance listing or progress in Pi’s ecosystem development.
🔸 Disappointment and Market Misunderstandings
Some early investors have voiced their disappointment over what they perceive as a low price for Pi Coin. However, this low price may be misleading, primarily due to confusion surrounding the circulating supply. The market has listed Pi’s circulating supply at 6.35 billion coins, which represents the total number of migrated Pi. However, the actual number of unlocked Pi is only 554 million coins, a figure that should be considered as the true circulating supply. Many new investors may not be aware of this distinction, but once they do, analysts believe the price of Pi could rise significantly — possibly ten times its current value.
🔸 Pi Coin’s Relative Value in the Crypto Market
Even at a price of $0.72, Pi Coin’s valuation is considered by some experts to be reasonable. For comparison, other projects with similar circulating supplies, such as Supra, are trading at a much lower price of $0.012.
#Picoin #PInetwork
Pi Coin made its highly anticipated debut on various exchanges on February 20, 2025. However, after a much-hyped launch, the price experienced a sharp drop, falling by 65%. At the time of writing, Pi Coin is trading at $0.75 and has seen a decline of more than 7% in the past 24 hours. Despite the aggressive selling pressure fueled by market uncertainty, analysts, including Kim Wong, remain hopeful about the coin’s future trajectory.
🔸 Initial Trading Activity and Price Movements
When Pi Coin first launched on February 20, it traded at $2, reaching a high of $2.20 and a low of $0.09. Since then, its price has been relatively volatile, and as of February 22, Pi Coin has been trading within a range of $0.60 to $0.80. According to Wong, once Pi Coin manages to break above the $0.80 mark, it is likely to quickly move toward the $1 range. Once it surpasses $1, the $2 level could be within reach. A possible trigger for such a breakout could come from news regarding a Binance listing or progress in Pi’s ecosystem development.
🔸 Disappointment and Market Misunderstandings
Some early investors have voiced their disappointment over what they perceive as a low price for Pi Coin. However, this low price may be misleading, primarily due to confusion surrounding the circulating supply. The market has listed Pi’s circulating supply at 6.35 billion coins, which represents the total number of migrated Pi. However, the actual number of unlocked Pi is only 554 million coins, a figure that should be considered as the true circulating supply. Many new investors may not be aware of this distinction, but once they do, analysts believe the price of Pi could rise significantly — possibly ten times its current value.
🔸 Pi Coin’s Relative Value in the Crypto Market
Even at a price of $0.72, Pi Coin’s valuation is considered by some experts to be reasonable. For comparison, other projects with similar circulating supplies, such as Supra, are trading at a much lower price of $0.012.
#Picoin #PInetwork
⚡️ $XRP News: Ripple CEO Reacts to SEC’s Decision to Dismiss Coinbase Case
In an X post published yesterday, Coinbase CEO Brian Armstrong claimed that his company had reached an agreement with the US Securities and Exchange Commission to drop the regulator’s legal action against the exchange. Armstrong’s post has created excitement in the crypto community. Ripple CEO Brad Garlinghouse has responded enthusiastically to the post. He has noted that the SEC is moving on quickly from the flawed policy framework of the past. Let’s dive in for more details!
🔸 SEC Drops Case Against Coinbase Without Penalties
It was in 2023 that the US SEC originally initiated its legal action against Coinbase. The US regulatory agency alleged that Coinbase had violated laws by offering investments without properly registering.
In the post, Armstrong stated that the SEC had agreed to dismiss the legal action against Coinbase. The Coinbase CEO specifically noted that the settlement agreement does not require the exchange to pay any fines or make any changes to how it works.
Interestingly, the SEC has not yet made a public statement on the development.
🔸 Brand Garlinghouse Reacts to the SEC’s Decision
Brand Garlinghouse is one of the key cryptocurrency business leaders who have come forward to express excitement about the development.
It appears that Garlinghouse sees this as a sincere effort to move away from the oppressive regulatory policy framework of the previous regime.
🔸 Could Ripple Be Next? Analysts Weigh In
Attorney Jeremy Hogan has predicted that the SEC may make some big moves in the near future.
Notably, former SEC official John Reed Stark has forecasted that the SEC’s lawsuit against Ripple may be withdrawn soon.
Hogan has also supported the prediction made by Stark. The SEC recently filed its opening brief against Ripple
#XRP #Ripple
In an X post published yesterday, Coinbase CEO Brian Armstrong claimed that his company had reached an agreement with the US Securities and Exchange Commission to drop the regulator’s legal action against the exchange. Armstrong’s post has created excitement in the crypto community. Ripple CEO Brad Garlinghouse has responded enthusiastically to the post. He has noted that the SEC is moving on quickly from the flawed policy framework of the past. Let’s dive in for more details!
🔸 SEC Drops Case Against Coinbase Without Penalties
It was in 2023 that the US SEC originally initiated its legal action against Coinbase. The US regulatory agency alleged that Coinbase had violated laws by offering investments without properly registering.
In the post, Armstrong stated that the SEC had agreed to dismiss the legal action against Coinbase. The Coinbase CEO specifically noted that the settlement agreement does not require the exchange to pay any fines or make any changes to how it works.
Interestingly, the SEC has not yet made a public statement on the development.
🔸 Brand Garlinghouse Reacts to the SEC’s Decision
Brand Garlinghouse is one of the key cryptocurrency business leaders who have come forward to express excitement about the development.
It appears that Garlinghouse sees this as a sincere effort to move away from the oppressive regulatory policy framework of the previous regime.
🔸 Could Ripple Be Next? Analysts Weigh In
Attorney Jeremy Hogan has predicted that the SEC may make some big moves in the near future.
Notably, former SEC official John Reed Stark has forecasted that the SEC’s lawsuit against Ripple may be withdrawn soon.
Hogan has also supported the prediction made by Stark. The SEC recently filed its opening brief against Ripple
#XRP #Ripple
💥 Dogecoin Stays Above $0.24, But Risks A Decline
The price of Dogecoin (DOGE) has held steady above the $0.24 support since rebounding on February 3.
🔸 Dogecoin price long-term forecast: bearish
The altcoin has been trading above the $0.24 support but below the moving average lines for the past two weeks. The negative trend has stopped above the $0.24 support to the downside.
However, if DOGE loses the current support at $0.24, it will fall to the previous low of $0.20. The uptrend will start when the price breaks above the 21-day SMA. The price will resume its uptrend once it crosses above the 50-day SMA. The bullish momentum will continue to the 50-day SMA barrier.
🔸 Dogecoin indicator reading
The decline has stopped above the $0.24 support, but the price bars are still below the moving average lines. The horizontal moving average lines indicate that DOGE is trending sideways. Doji candlesticks, which determine the price action, ensure that the altcoin is in a trading range.
🔸 What is the next direction for Dogecoin?
DOGE is trading above support at $0.24 but below resistance at $0.28. The altcoin is fluctuating below and above the moving average lines.
Today, the price bars are below the moving average lines. The uptrend is hindered by the 21-day SMA barrier.
Meanwhile, the altcoin has continued its consolidation below the moving average lines.
#Doge #Dogecoin
The price of Dogecoin (DOGE) has held steady above the $0.24 support since rebounding on February 3.
🔸 Dogecoin price long-term forecast: bearish
The altcoin has been trading above the $0.24 support but below the moving average lines for the past two weeks. The negative trend has stopped above the $0.24 support to the downside.
However, if DOGE loses the current support at $0.24, it will fall to the previous low of $0.20. The uptrend will start when the price breaks above the 21-day SMA. The price will resume its uptrend once it crosses above the 50-day SMA. The bullish momentum will continue to the 50-day SMA barrier.
🔸 Dogecoin indicator reading
The decline has stopped above the $0.24 support, but the price bars are still below the moving average lines. The horizontal moving average lines indicate that DOGE is trending sideways. Doji candlesticks, which determine the price action, ensure that the altcoin is in a trading range.
🔸 What is the next direction for Dogecoin?
DOGE is trading above support at $0.24 but below resistance at $0.28. The altcoin is fluctuating below and above the moving average lines.
Today, the price bars are below the moving average lines. The uptrend is hindered by the 21-day SMA barrier.
Meanwhile, the altcoin has continued its consolidation below the moving average lines.
#Doge #Dogecoin