TRON leads the way in USDT transfers with a staggering $11.4 billion influx—could this signal an impending market shift? The blockchain processed an impressive 1.89 million USDT transactions, highlighting its
Bitcoin remains strong in the bull market as analysis deepens. Large investments on Coinbase significantly impact Bitcoin’s price movements. Continue Reading: Bitcoin’s Surge: What Drives the Current Bull Market? The post Bitcoin’s Surge: What Drives the Current Bull Market? appeared first on COINTURK NEWS .
The post Analyst Raises Concerns Over Strategic Crypto Reserve, Calling It ‘Corruption in Disguise’ appeared first on Coinpedia Fintech News Crypto analyst Nicholas Merten aka Datadash recently shared strong concerns about the Trump administration’s proposed “Strategic Crypto Reserve,” which includes cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Cardano. Merten questioned the inclusion of these altcoins, arguing that they don’t yet have enough real-world adoption or use cases to be considered vital for national security. Merten pointed out suspicious trading activity on exchanges, where large leveraged positions in Bitcoin and Ethereum were taken just before the announcement of the reserve. He raised concerns that this could suggest insider trading, where people with early knowledge of the announcement used that information to make a profit. While some people may view the crypto reserve as a good move for the industry, Merten believes it may actually be a way for insiders with investments in these cryptocurrencies to enrich themselves. He criticized the decision to include altcoins like XRP, Solana, and Cardano, suggesting that these coins do not hold the strategic importance that the government claims. “I don’t think we need to have an entire basket of random altcoins. This is not of strategic importance to the United States by any stretch of the imagination. We need to step back and really realize that while we may love crypto, this is just purely insider activity to drum up the assets that are held by the people who are in this administration,” he said. Merten also argued that instead of focusing on crypto, the government should be investing in companies with tangible value and impact, like Apple and Nvidia, which have a significant role in global markets. He expressed concern that this reserve could lead to taxpayers funding risky investments that mostly benefit the people with insider knowledge, describing it as “corruption in disguise.”
In his latest blog post, titled “KISS of Death,” former BitMEX CEO Arthur Hayes outlines a provocative thesis on the trajectory of Bitcoin and broader financial markets under the renewed presidency of Donald Trump. Hayes—who has long held bullish views on crypto—argues that a convergence of fiscal and monetary policies could catapult Bitcoin’s price to as high as $1 million during the Trump 2.0 era, but only after a period of recession-driven turmoil. Breaking Down Bitcoin’s “KISS Of Death” Hayes’s framework revolves around the “KISS” principle—Keep It Simple, Stupid—urging market participants to stay focused on the core driver of asset prices: liquidity. Rather than overreacting to sensational headlines, he contends that one should watch for shifts in the quantity and price of money (i.e., how much credit is created and at what interest rate). “One day, you buy and then quickly sell after digesting the next headline,” Hayes warns. “The market chops you in the process, and your stack quickly diminishes.” He recommends sticking to a simpler outlook: If the U.S. government prints significant amounts of money at lower rates, risk assets like Bitcoin can surge. Related Reading: Bitcoin Repeats Historic Pattern—Is a Breakout Toward $100K Next? A key premise of Hayes’s analysis is that President Trump, a “real estate showman” by background, will debt finance his “America First” agenda rather than embrace austerity. Hayes contrasts Trump with Andrew Mellon—Treasury Secretary under Herbert Hoover—who once allegedly declared: “Liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate. It will purge the rottenness out of the system.” Hayes argues that such a stance would be political suicide for a president seeking to be viewed as the 21st-century Franklin D. Roosevelt rather than Hoover. As Hayes puts it, “Trump wants to be considered the greatest President ever” and is therefore inclined to loosen credit conditions rather than tighten them. Hayes highlights Trump’s unconventional maneuver to slash federal spending and potentially trigger a recession, thereby forcing the Federal Reserve to respond with rate cuts and fresh liquidity. The newly formed Department of Government Efficiency (DOGE), led by high-profile entrepreneur Elon Musk, is portrayed as an aggressive effort to expose fraud and reduce waste in government programs. Hayes cites DOGE’s claims that Social Security payments may be going out to deceased individuals or unverified identities, supposedly costing hundreds of billions—or even a trillion—dollars a year. “Trump and DOGE are firing hundreds of thousands of government employees,” Hayes notes, referencing media reports citing elevated jobless claims in the Washington, D.C., area. By cutting federal budgets so drastically and so quickly, Trump could—in Hayes’s words—“cause a recession or convince the market that one is right around the corner.” Related Reading: Bitcoin Sellers Incur Loss As SOPR Drops To 0.95 – A Sign Of Market Bottom? Once signs of recession appear, Hayes predicts Federal Reserve Chair Jerome Powell will have little choice but to cut rates, end quantitative tightening (QT), and potentially restart quantitative easing (QE) to avert a widespread financial crisis. Powell, whom Hayes dubs a “turncoat traitor” (a reference to the Fed’s past rate cut during Kamala Harris’s campaign), is nonetheless bound by the Fed’s mandate to maintain economic stability. Hayes points to $2.08 trillion in US corporate debt and $10 trillion in US Treasury debt that must roll over in 2025. If the economy slows, rolling that debt over at high interest rates becomes unfeasible. In that scenario, the Fed’s only salvation is fresh money creation and lower rates. Hayes calculates that a full Fed response—encompassing several policy shifts—could result in as much as $2.74 to $3.24 trillion in new liquidity: Dropping the Federal Funds Rate from 4.25% to 0% could be equivalent to roughly $1.7 trillion of money printing, according to Hayes’s estimates. Currently, the Fed conducts $60 billion per month in QT. If QT ends by April 2025, Hayes sees a $540 billion liquidity injection relative to prior expectations. Additional Treasury purchases by the Fed or US commercial banks (the latter aided by a relaxation of the Supplemental Leverage Ratio) might add another $500 billion to $1 trillion in dollar credit. He compares this to the $4 trillion in stimulus measures during the COVID-19 pandemic. Given that Bitcoin jumped roughly 24x from its 2020 lows to 2021 highs in response to that liquidity wave, Hayes says even a more conservative 10x multiple could be in play. “For those who ask how we get to $1 million in Bitcoin during the Trump presidency, this is how,” he proclaims, linking massive credit creation with a sharply higher BTC price. Despite his bullish long-term forecast, Hayes believes Bitcoin’s immediate outlook may be rocky. Hayes sees potential for Bitcoin to revisit the $70,000 to $80,000 range in the short-term—levels that are markedly above the prior cycle’s all-time high but still below the current market. “If Bitcoin leads the market on the downside, it will also do so on the upside,” Hayes writes, positing that BTC often bottoms out before traditional equities. He cites the significant run-up to $110,000 around mid-January (Trump’s inauguration timeline) followed by a pullback to $78,000 in late February. “Bitcoin is screaming that a liquidity crisis is nigh, even though the U.S. stock market indices are still near their all-time highs,” he notes. “I firmly believe we are still in a bull cycle, and as such, the bottom at worst will be the previous cycle’s all-time high of $70,000,” Hayes says, underscoring his conviction that any major dips are opportunities to accumulate rather than panic-sell. In Hayes’s view, the “Kiss of Death” is not about Bitcoin’s demise but about the outdated fiat system struggling to contain spiraling debt loads and political brinkmanship. He argues that the short-term chaos in traditional markets—triggered by DOGE-driven spending cuts and a hesitant Fed—will ultimately pave the way for a new round of monetary expansion. The bottom line? Hayes insists that staying focused on liquidity is the best strategy: “Let politicians do politician things, stay in your lane, and buy Bitcoin.” At press time, BTC traded at $83,725. Featured image from YouTube, chart from TradingView.com
Donald Trump's crypto reserve announcement on Sunday and the announcement that XRP, Solana (SOL) and Cardano (ADA) would be added to the reserve, in addition to Bitcoin (BTC) and Ethereum (ETH), created a huge pump effect in the market. However, this Trump rally was short-lived, and the inclusion of XRP, SOL and ADA in the reserve was met with intense criticism from the cryptocurrency industry. While industry leaders like Coinbase CEO Brian Armstrong stated that only Bitcoin should be included, Bitcoin technology firm Jan3 CEO Samson Mow warned Trump about his altcoin choices. Samson Mow warned that the inclusion of random altcoins in the US strategic reserve could lead to chaos in the market and turn the market into a speculative game. Mow noted that Trump’s proposed crypto strategic reserve plan has the potential to lead to significant change for the industry, but the addition of altcoins like XRP, SOL, ADA, or ETH could turn the reserve plan into a “pure speculation game.” He argued that allowing Trump to freely choose which altcoins to include in the reserve could serve as a giveaway to lobbyists and insiders. The famous CEO finally said that in order to protect the integrity of the reserve, proof-of-work (PoW)-based assets such as Litecoin (LTC) and Monero (XMR) should be prioritized in the reserve, apart from Bitcoin. “There are two possible outcomes regarding the US Strategic Bitcoin/Crypto Reserve: 1-The reserve is BTC and none of the altcoins mentioned will actually make it. 2-We will be rapidly moving towards unprecedented corruption. …… Trump's statement may have been aimed at gifting exit liquidity to Ripple or Cardano lobbyists or donors. At this point, if Trump could somehow add random altcoins to the national reserve, it would be very bad for the US. In addition to Bitcoin, Trump's Strategic Crypto Reserve could potentially include: Litecoin, Monero. And considering Elon's influence in the Trump administration, I'm sure he'll find a way to rationalize Dogecoin's inclusion.” *This is not investment advice. Continue Reading: Famous CEO Said "Trump Needs to Stop!", Announced Altcoins That Should Be Added to Reserves Instead of XRP, SOL and ADA Apart from Bitcoin!
A sharp downturn has gripped the crypto market, with an almost 10% drop in the overall market cap within the last 24 hours. Leading cryptocurrencies (Bitcoin, Ethereum, and Solana) have suffered over 10% price losses. Yet amid this volatility, investors and analysts believe the ongoing bull cycle isn’t yet over. AI-powered projects go against the broader market trend, including presale crypto MIND of Pepe ($MIND) . Bull Cycle or Bear Market? Anyone aware of the crypto market and active on social media will have seen the recent panic when prices dropped. Some users were reporting all-time lows on their investments. Despite short-term fluctuations, the broader trend remains bullish. According to Fidelity Investments , we are now 28 months into the bull cycle, which typically last for three years. Evidence that we are in a bull run can be seen in $BTC’s market cap, which is still at a higher point (even in the dip) than two years ago. BitMex co-founder Arthur Hayes predicts $BTC could drop to $70K before a potential surge to $250K, as he firmly believes we are in a bull cycle. Notably, this bullish outlook is based on his expectation that Trump’s proposed crypto reserve won’t materialize, though he hopes to be proven wrong. AI Prominence Surges An AI cloud provider, CoreWeave, which changed its business from crypto mining to AI six years ago, has filed to go public with an IPO (Initial Public Offering). Its value is estimated to be above $35B, which is unsurprising considering the increased demand for AI infrastructure in recent years. The benefits of AI are being seen across the world in multiple fields. What was once seen as a narrow niche is now a powerful tool used in daily life. The application of AI to crypto is no different. AI-driven projects like MIND of Pepe are poised for success. By offering unique insights into current trends and presales, MIND of Pepe attracts both seasoned and new investors. Besides, investing in presales is comparatively safe because they remain unaffected by market fluctuations (due to not being listed). Even listed AI tokens such as Story ($IP) have been up over 80% within the last month despite the broader market dip. This clearly demonstrates that AI tokens can defy turbulent market conditions. An Autonomous AI Agent Provides Valuable Market Insights Attracting Investors to the Presale MIND of Pepe makes decisions driven by data and constantly evolves, which means insights become more accurate and valuable over time. A fully autonomous agent, it interacts with X and other platforms to engage, grow, and provide exclusive insights to $MIND presale token holders. $MIND can also launch its own tokens available to its community. A solid 25% of the total token allocation (full spread can be found in the project’s whitepaper ) is left in the hands of the AI agent to utilize as needed based on its insights. This sovereignty makes $MIND one of the best meme coins of 2025, and analysts predict it to reach $0.00962 by year-end. We expect additional teasers from the MIND of Pepe team soon. Keep a close eye on its X account, where it regularly posts updates and sneak peeks . AI Insights For Sale Having currently raised just over $7M in the presale with one token priced at $0.0034402, $MIND is appealing to investors seeking early-stage opportunities. It also has staking rewards of 322% APY, meaning that token holders could earn passive yields, which potentially makes it one of the best meme coins on presale in terms of investment return. For information on how to purchase $MIND , check out our handy guide . However, remember that the crypto market is volatile, and no gains are guaranteed. Always DYOR and only invest as much as you can afford to lose.
The post Bitcoin, XRP, and ADA: What Role Will They Play in Trump’s Proposed Crypto Reserve? appeared first on Coinpedia Fintech News Since President Trump confirmed plans for a US crypto reserve , speculation has been rampant about which assets will be included. While Bitcoin is expected to dominate, many believe that altcoins like XRP, Solana, Ethereum, and Cardano could also be part of the reserve. Farcaster co-founder Dan Romero has shared insights into how the government might manage these assets. Romero’s Predictions on the US Crypto Reserve Romero suggests the Trump administration will not purchase new crypto but instead use only seized assets for the reserve. He predicts Bitcoin will make up around 80% of the holdings due to its dominance and global acceptance. However, XRP and ADA could play a unique role, with Romero stating they might be used for in-kind tax payments or quasi-donations, hinting at potential government collaboration with Ripple and Cardano. Skepticism Over XRP and ADA’s Inclusion According to a CNBC report , despite excitement over Trump’s crypto reserve, some in the community question the inclusion of XRP and ADA. Gemini co-founder Taylor Winklevoss argued that only Bitcoin meets the criteria for a strategic reserve, while economist Peter Schiff also expressed doubts about the selection of altcoins. Excited to learn more. Still forming an opinion on asset allocation, but my current thinking is: 1. Just Bitcoin would probably be the best option – simplest, and clear story as successor to gold 2. If folks wanted more variety, you could do a market cap weighted index of crypto… https://t.co/jv8Gcn8N2S — Brian Armstrong (@brian_armstrong) March 3, 2025 Coinbase CEO Brian Armstrong also wants a Bitcoin-only reserve. He sees Bitcoin as a decentralized, gold-like asset. However, he said that adding other cryptocurrencies is seen as risky and a misuse of taxpayer money. Critics, including tech investor Joe Lonsdale, argue that the government shouldn’t be spending on speculative assets while running a massive deficit. Anthony Pompliano, a strong Trump supporter in the crypto space, criticized the move in his newsletter , arguing that Trump’s decision to include multiple cryptocurrencies in the U.S. reserve was influenced by the wrong people. He believes special interest groups and lobbyists convinced Trump to back riskier tokens under the guise of supporting “American-made” crypto projects, which he sees as a trap that goes against the original pro-Bitcoin agenda. In response, Crypto Czar David Sacks pushed back such claims , saying it’s too early to judge the plan. But others, including Naval Ravikant and Vinny Lingham, voiced strong opposition, saying taxpayers shouldn’t be used as liquidity for these assets. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Bitcoin Price Prediction 2025: Can BTC Hit $150K Despite Market Turmoil? , XRP Proponents Back Trump’s Strategy In contrast, XRP supporters welcome the move. Cardano founder Charles Hoskinson praised XRP’s resilience and strong community, calling it a smart choice. Ripple CEO Brad Garlinghouse hailed Trump’s decision as a significant step forward, emphasizing the importance of a multichain future. With debate intensifying, the crypto community awaits further details on how the US crypto reserve will be structured and managed. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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Up to 20% of the funds from the Bybit hack are untraceable and have gone dark, noted the exchange’s CEO Ben Zhou. However, up to 77% have been traced, giving some hopes of recovery. Nearly two weeks after the Bybit hack, the lost funds have gone through multiple transactions. The exchange’s CEO Ben Zhou noted that 3% have been intercepted and frozen. Another 20% of the funds have gone dark, while 77% are still traceable. 3.4.25 Executive Summary on Hacked Funds: Total hacked funds of USD 1.4bn around 500k ETH, 77% are still traceable, 20% has gone dark, 3% have been frozen. Breakdown: – 83% (417,348 ETH, ~$1B) have been converted into BTC with 6,954 wallets (Average 1.71 btc each) . This and… — Ben Zhou (@benbybit) March 4, 2025 The hack also served as a stress test for crypto partnerships, as 11 counterparties participated in freezing the funds. Zhou noted that most of the ETH had been laundered through THORChain , though this was also the reason for being able to track down the coins. ETH was swapped into BTC, which can also be mixed but is also easily traceable. Currently, most of the funds are automatically split into new BTC wallets, each holding 1.71 coins as a balance. The exchange is a long way from intercepting each wallet, especially if the funds are laundered through risky external markets. Non-KYC exchanges pose a risk Most of the dark funds were sent to the eXch, a non-KYC market operator. The exchange was among the first to receive inflows from the hacker’s wallets. More than 10 days ago, Bybit contracted the market operator but did not receive a response. Some of the dark funds were later discovered by bounty hunters, with Mantle at the top for assistants and bounty hunters . The protocol intercepted over $41M in funds previously considered lost. Additional funds may be tracked down, contingent on OKX cooperating with the history of its Web3 wallet team. Hacker managed to swap out of all ETH holdings In just 10 days, the Bybit hacker managed to swap all of the available ETH, for an estimated 499,395 tokens. The main tool for immediate, though traceable swaps, was THORChain. The #Bybit hacker has laundered all the stolen 499,395 $ETH ($1.04B currently), mainly through #THORChain . https://t.co/VSpKk7KSNp pic.twitter.com/HL4gb9f4e8 — Lookonchain (@lookonchain) March 4, 2025 Bybit’s team is also reaching out to THORChain for any chance of tracking funds. For now, the BTC wallets where most of the funds are parked remain free and uncensored, except for being flagged. THORChain can technically track and filter malicious addresses that interact with its nodes. However, it is up to the nodes to achieve consensus on which addresses to blacklist. Currently, THORChain has received a list of addresses to be denied swaps, but not all nodes can be made to support the list. THORChain itself has no links to the hack; it was simply used as the most accessible tool for immediate swaps. The project advises all US-based node operators to track down addresses from an FBI list. For the Bybit hack, the arrangement of tracking the Lazarus addresses remains uncertain. THORChain carried an estimated 70% of the swaps after the Bybit hack. The peak day of swaps was February 24, when THORChain had the highest transaction count since 2023. Elliptic joins the Bybit investigation with real-time monitoring The biggest challenge after a large-scale hack is to warn all counterparties of the event, and start intercepting transactions from flagged wallets. Elliptic has already introduced automated tracking, which intercepted $150,000 of the Bybit funds when they were sent to an exchange. Elliptic has its own blacklist of addresses, tied to the current Bybit hack and previous Lazarus group exploits. The recent exploit brought out a new level of cooperation for crypto entities. Previously, exchanges only acted in a limited fashion to intercept funds. The largest hack, however, caused all protocols to track down the funds where possible. Additionally, despite facing the biggest hack, Bybit never stopped withdrawals and managed to rebuild its liquidity within days. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
In the past day, experienced and institutional investors have been accumulating a variety of assets across different sectors in the cryptocurrency market. These “smart money” wallets are now rebalancing, and in doing so have shifted interest toward several distinct narratives and projects. Their diversification is largely across the spectrum. From meme coins to AI integration and state-of-the-art stablecoins, what these smart investors are buying gives us a better idea of the next big thing in the market. Smart Money Wallet Accumulations by Sector Recent data indicates that accumulation among smart money wallets is heavily concentrated on meme tokens, wrapped Bitcoin (WBTC), AI agents, and stablecoins. Though some of these narratives may appear unconventional, they’re emerging alongside trends that could reshape parts of the crypto landscape. Meme Tokens: $WIF (Dogwifhat) One of the most notable tokens attracting astute investor attention is $WIF, a meme token that’s surging on the Solana blockchain. Known as the “Meme King of Solana,” $WIF is capturing investor interest due to its strong, fast-growing community. Over the past 24 hours, two smart wallets have purchased more than $2.3 million in $WIF, highlighting a shift in investor confidence toward meme coins beyond the well-established players Dogecoin ($DOGE) and Shiba Inu ($SHIB). The meme coin sector still offers very traditional payoffs for decidedly untraditional projects. The success of the $WIF token, for instance, can’t really be understood without appreciating the strength of community-driven crypto projects in this space. Sure, you might laugh off the group that twirls virtual Wrapped Bitcoin (WBTC): Bridging Bitcoin and DeFi Another prominent accumulation area is wrapped Bitcoin ($WBTC). WBTC is a token of Bitcoin (BTC). It permits use of the coin in Ethereum’s DeFi ecosystem. In the past 24 hours, two smart money wallets have accumulated a combined $498,000 worth of WBTC, illustrating the necessity of connecting Bitcoin to Ethereum and using it in DeFi protocols. Investors appear to be building a position in Bitcoin while at the same time utilizing the tantalizing opportunities opened up by DeFi. Wrapped Bitcoin is crucial to this. WBTC is now the main vehicle through which DeFi users can gain access to Bitcoin. Why not go a step further and Bulk Up Bitcoin in DeFi? If wrapped Bitcoin is core to DeFi right now, what might using DeFi with Bitcoin in an unwrapped state yield? Yes, it’s risky. But for the long-term investor, it could pay dividends. In short, the play is Bitcoin in DeFi. AI Agents: $ARC (AI Rig Complex) A narrative that is drawing attention from smart money investors these days is artificial intelligence (AI), and one project within this ecosystem that is gaining traction is $ARC (AI Rig Complex). $ARC looks at AI agents and their integration with blockchain technology. In the smart money sphere, three wallets have loaded up on $ARC to the tune of a total of $50,000 over the last 24 hours. This growing interest seems to be coalescing around the potential applications of AI within the blockchain and cryptocurrency spaces. The next step in the evolution of decentralized technologies seems to be the integration of AI and blockchain. Many innovative projects are popping up that sit at this intersection. $ARC is one of them, and it’s a good example of the kind of research and development that’s happening now. Of the many such projects, some could be expected to come up with solutions that are as-yet undiscovered, and R&D by successful ones will likely make the crypto space more robust. The uses of AI to do this are the part that’s just starting to get interesting. Infinite Money: $IMG (Infinite Money Glitch) One of the unconventional narratives making waves is $IMG (Infinite Money), a token that promises rewards in Solana (SOL) for holding the asset. Known as the “infinite money glitch,” $IMG has captured the attention of one smart money wallet, which accumulated $10,000 worth of the token. Despite the speculative nature of this project, its rise to prominence reflects a growing interest in innovative and experimental models within the crypto space. Smart money wallets accumulations in the last 24 hours Main specific narratives accumulated: Meme Tokens (7 wallets) Wrapped Bitcoin (5 wallets) AI Agents (4 wallets) Infinite Money (2 wallets) Stablecoins (1 wallet) Top accumulations and reasoning: $WIF … pic.twitter.com/TXgj67r3ZS — CoinSense.app (@CoinSense_App) March 3, 2025 The concept of the ‘infinite money glitch’ may seem to come from the gaming world, but it has made its way into cryptocurrency. The notion that rewards can simply be earned from holding a token is enticing to many risk-seeking investors. And in all fairness, what could be more speculative than a currency that seems to guarantee annual returns of 30% to 50% for simply holding it? While the long-term viability of $IMG or nation-state cryptocurrencies remains unproven, their recent rise highlights a continuous and mostly unregulated innovation frontier. Stablecoins: $EURC (Euro Coin) Stablecoins remain a fundamental part of the cryptocurrency ecosystem, and the $EURC stablecoin, recently approved in Dubai, has drawn the attention of an interesting wallet in the last 24 hours. This wallet, not exactly known for making bad calls, has accumulated $10,000 worth of $EURC. So it’s probably safe to say: There’s confidence in $EURC making it big. And why wouldn’t it? It’s a stablecoin with an entirely European flavor. $EURC is a euro-backed stablecoin gaining traction and becoming credible in its adoption across many parts of the world. $EURC is a project in line with what one might consider a central bank digital currency—a safe, stable, and regulatorily clear currency for the global digital economy. The surge in interest around stablecoins is closely tied to the global conversation about the need for regulatory clarity. What we at Stably see as the ultimate outcome of this conversation is a diversified digital dollar, digital euro, and digital pound, stable currencies that accordingly can be used for cross-border payments and as a safe store of value for all kinds of crypto financial applications. Conclusion: Smart Money’s Strategic Moves Across the Crypto Landscape The smart money is not just throwing cash at the latest objects of lust in the cryptocurrency world, like meme tokens. But it is, indeed, directing cash towards these far-from-silent communities. On the one hand, we have the wrapped Bitcoin exposure story to narrate. And on the other, we have what is, more or less, a stable narrative for the not-so-stable stablecoin observed during this latest cash accumulation phase. Intelligent capital investors are spreading their investments through different sectors, indicating their faith in the long-term growth of many emerging trends in the crypto space. The market is maturing; new technologies are continuously surfacing. These investors appear to be well-versed and quite enamored with the space, making more strategic bets across sector and style in their portfolios than ever before. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: nadine3000 / 123RF // Image Effects by Colorcinch
Bitcoin price has been highly volatile since last week. BTC initially plunged from near $100,000 to $78,200 last week and then bounced back to $95,000 on Monday, and down $83,800 today. One crypto analyst believes that the BTC price will remain in a wide range between $70K and $90K for a while. Bitcoin Price to Remain Between $70K and $90K for a While BTC and other cryptocurrencies have numerous catalysts ahead. There are rumours that Donald Trump will use his crypto summit to pitch no capital gains tax for US coins . He has also hinted that the US will start a strategic crypto reserve . Additionally, the SEC has dropped numerous crypto lawsuits against top companies like Uniswap and Coinbase. In an X post , Alphractal estimated that Bitcoin price will remain inside the wide range of between $70,000 and $90,000 for a while. It based this case to the fact that this is where metrics like open interest, trade count and buying volume. Alphractal estimates that there will be frequent liquidations before a clear breakout emerges. Bitcoin Liquidity Profile The Bitcoin price prediction came as its volatility jumped. The average Bitcoin volatility has more than doubled in the last ten days. Santiment data shows that the four-week Bitcoin volatility has jumped to 0.052, the highest level since December 8 last year, after bottoming at 0.027 last month. Bitcoin Volatility This volatility has been driven by the trade war between the United States and its top trading partners that will impact trade worth over $2.2 trillion a year. The US is now levying a 25% tariff on goods from Canada and Mexico, risking slow growth and high inflation. Bitcoin Price Analysis: Death Cross Risk Emerges BTC has been highly volatile in the past few days, after crashing below the crucial support level at $89,000. This price was the neckline of the double-top pattern at $108,200. The coin has crashed below the 50-day and 200-day Weighted Moving Averages. With the spread between the two narrowing, there is a risk that the coin may form a death cross, where the two cross each other. Bitcoin price has dropped below the 38.2% Fibonacci Retracement level. Therefore, crash below last week’s low of $78,200, which is also the 50% retracement level, may trigger more downtrend to the 61.8% retracement level at $71,500. This price is within the $70,000 and $90,000 range set by Alphractal. On the flip side, a surge above the resistance at $95,000 will catalyze a surge, possibly to $100,000 and the all-time high. Bitcoin Price Chart Potential Catalysts for Bitcoin Bitcoin has numerous catalysts ahead. From a macro level, there are rising odds that the Federal Reserve will start cutting interest rates soon. A good evidence for this is that US bond yields have continued falling, with the 10-year and 30-year yields crashing to the lowest level since December 6. US bond yields Bitcoin may benefit from a Strategic Bitcoin Reserve as that will trigger more purchases by the US and other countries. Further, Bitcoin’s MVRV Ratio Z score has dropped to 2, meaning that the coin has become undervalued. Bitcoin MVRV Chart The MVRV-Z score ratio is a popular indicator that looks at the market value and the relative value and then conducts its z score. The post Here’s Why Bitcoin Price Will Be Stuck Between $70K and $90K for a While appeared first on CoinGape .