Amid several days of massive Bitcoin volatility, the asset soared back above $88,000 on Tuesday after BlackRock CEO Larry Fink allegedly told investors to buy any short-term dips, as he expects an economic rally for later this year. Bitcoin traded for $82,300 at 11:40am ET on Tuesday, before rallying above $88,300 within the next three hours. It trades for $88,000 at writing time. Per a report from Seeking Alpha published at noon, Fink said that “the world is fine” despite US tariffs that are spooking markets. “It’s not as bad as it was in the ’60s in the United States,” he said at the RBC Capital Markets Global Financial Institutions Conference, claiming that investors should buy if there’s a big dip.”People are pausing, consumers are pausing, businesses are pausing.” Two to three years out, Fink predicted that technology – especially AI – will prove very deflationary. “I believe we’re getting set up for a big economic boom,” he added. “Trends are going to be net positive in the long run for the United States.” Fink’s statement follows a recent report from BlackRock highlighting Bitcoin inelastic supply, and how “if every millionaire in the US asked their financial advisor to get them 1 bitcoin, there wouldn’t be enough.” BTC has osscilated between $80,000 and $93,000 for the past three days, with much volatility triggered after President Trump confirmed that he plans for a multi-asset Crypto Strategic Reserve, including BTC, ETH, SOL, ADA, and XRP. The post Bitcoin Soars Back To $88,000 After BlackRock CEO Says “Buy The Dip” appeared first on CryptoPotato .
The $0.006 and $0.008 levels were the support levels to watch if WHITE retraces its gains further.
Market Overview: Bitcoin and XRP Experience Corrections As of February 27, 2025, Bitcoin (BTC) is trading at $85,805, reflecting a 0.46% increase. Similarly, XRP has risen to $2.21, marking a 0.45% uptick. In contrast, OFFICIALMAGACOIN is capturing significant attention, with its presale successfully raising over $3.7 million, indicating robust investor confidence. LIMITED TIME ONLY! USE PROMO CODE MAGA50X TODAY FOR A 50% EXTRA BONUS! Top 5 Solana-Compatible Cryptos with 100x Potential As XRP anticipates its next significant rally, several Solana-compatible cryptocurrencies are emerging with the potential for substantial growth. Here are five noteworthy projects: OFFICIALMAGACOIN : With a presale price of $0.0002165, OFFICIALMAGACOIN has garnered significant investor interest, raising over $3.7 million. Analysts project a potential surge to $1 by 2025, representing a remarkable growth opportunity. Ethereum (ETH): Currently trading at $2,338.19, Ethereum remains a cornerstone of decentralized applications and smart contracts, with ongoing upgrades enhancing scalability and performance. Injective (INJ): Priced at $13.60, Injective offers a decentralized exchange protocol, enabling fast and secure trading across various blockchain networks. Bitcoin Cash (BCH): Valued at $300.12, Bitcoin Cash provides a peer-to-peer electronic cash system with low transaction fees and reliable confirmations. Solana (SOL): At $140.20, Solana is celebrated for its high-speed transactions and ultra-low fees, making it a formidable player in the crypto space. THE NEXT 1000X CRYPTO – CLICK HERE TO JOIN N OW! Why OFFICIALMAGACOIN Stands Out Record-Breaking Presale: Surpassing $3.7 million, reflecting strong market trust. Strategic Positioning: Poised to capitalize on current market trends and investor sentiment. Exclusive Bonuses: Early participants can leverage the MAGA50X code for a 50% bonus on investments. As the crypto landscape evolves, while established players like XRP and Solana prepare for potential surges, OFFICIALMAGACOIN presents a compelling case for investors aiming to capitalize on emerging opportunities with high growth potential. Website: officialmagacoin.io X/Twitter: https://x.com/officialMAGAx Continue Reading: Bitcoin & XRP Investors Beware: These 5 Cryptos Could Change the Game!
Coinbase co-founder and CEO Brian Armstrong believes the US crypto strategic reserve recently announced by President Donald Trump should exclusively consist of Bitcoin ( BTC ). On the social media platform X, Armstrong says having “just Bitcoin” in the US crypto strategic reserve “would probably be the best option.” According to the Coinbase CEO, Bitcoin comes with the “simplest and [clearest] story as successor to gold” relative to other crypto assets. “If folks wanted more variety, you could do a market-cap-weighted index of crypto assets to keep it unbiased.” On Sunday, President Trump confirmed that the US will set up a “crypto strategic reserve” consisting of Bitcoin, Ethereum ( ETH ), XRP , Solana ( SOL ) and Cardano ( ADA ). Trump said that the reserve will help “elevate” the crypto industry while promising to ensure the US becomes the “crypto capital of the world.” According to the White House artificial intelligence and crypto czar David Sacks, more information on the US Crypto Strategic Reserve will be provided during the upcoming White House Crypto Summit slated for March 7th. Amid Armstrong’s position that Bitcoin should be the only digital asset in the US crypto strategic reserve, Ripple CEO Brad Garlinghouse says he’s glad that Trump recognizes that “we live in a multichain world.” While noting that “[Bitcoin] maximalism is the enemy of the [crypto] industry’s progress,” Garlinghouse says he will continue to champion multichain-friendly policies in Washington. “I’ve said this before – the crypto industry will achieve our goals (and beyond) IF WE WORK TOGETHER. Appreciate the crypto President Donald Trump’s vision of a government digital asset reserve representative of the industry.” Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Coinbase CEO Brian Armstrong Says ‘Just Bitcoin’ the Best Option for US Crypto Strategic Reserve appeared first on The Daily Hodl .
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe . President Trump’s 25% tariffs on Mexico and Canada went into effect after a one-month delay this morning. Both countries announced plans to retaliate: Canada will put a 25% levy on around $100 billion of US imports and Mexico will share its next moves on Sunday. Trump also slapped another 10% duty on Chinese imports. In response, China will charge an extra 15% for a range of US imports, including chicken, wheat and cotton. An added 10% tariff will be placed on soybeans, seafood and other products. China also filed a lawsuit against the US with the World Trade Organization. Markets reacted as expected: Gold is up, stocks are down and the VIX is elevated. As of this afternoon, the S&P 500 and Nasdaq Composite had both nearly erased all gains since Election Day. The S&P 500 is now down 1.2% year to date while the tech-heavy Nasdaq has lost more than 5% since the start of the year. The VIX spiked to above 26 shortly after the open this morning, marking the highest level of volatility we’ve seen so far this year. Uncertainty surrounding tariff policies and interest rate decisions are weighing on investor sentiment. Perhaps surprisingly, the Mexican peso and Canadian dollar dipped just a bit, likely reflecting investors’ belief that these higher tariffs will be short-lived. Personally, I think this is wishful thinking. The longer these new trade fees stay in place, the greater the selloff we’ll see on both currencies. Get the news in your inbox. Explore Blockworks newsletters: Blockworks Daily : The newsletter that helps thousands of investors understand crypto and the markets, by Byron Gilliam. Empire : Start your day with top crypto insights from David Canellis and Katherine Ross. Forward Guidance : Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. 0xResearch : Get alpha directly in your inbox — market highlights, charts, degen trade ideas, governance updates, and more. Lightspeed : All things Solana, in your inbox, every day from Jack Kubinec and Jeff Albus. The Drop : The newsletter for crypto collectors and traders, covering games, tokens, apps, memes and more.
Investors in the crypto market prioritize acquiring assets which exhibit dependable stability together with explosive growth prospects while market trends remain dynamic. The crypto market shows Dogecoin (DOGE), Ethereum (ETH), XRP, and Mutuum Finance (MUTM) as exceptional performers according to analysts who predict exceptional value growth. Mutuum Finance (MUTM) continues to escalate swiftly through its presale period by collecting $2 million from investors who expect up to 300% profitability upon public release. Dogecoin Holds Steady Amid Market Volatility The technical support at $0.20 sustains Dogecoin during recent bearish movements in marketplace. Technical analysts observe that DOGE price action forms a descending price channel which indicates a potential price breakout as long as traders manage to break past resistance at $0.22. Optimistic scenarios predict Dogecoin could reach $3 however the future potential of this cryptocurrency might be limited by its dependence on memes along with its volatile trading numbers. The short-term potential of Dogecoin seems uncertain because utility-driven projects such as Mutuum Finance (MUTM) present fierce competition to its future success. Ethereum Gains Traction Through Institutional Backing The recent rise in Ethereum prices reached $2,739 due to investment inflows from institutions and progress in regulatory regulations on staking frameworks. Ethereum ETFs located in the United States secured $19 million worth of funding from traditional investors during their recent period of acceptance. IF approval occurs for staking within ETFs it will boost yields because these funds could attract investors pursuing multiplied returns. Despite these tailwinds, Ethereum faces challenges. Regulatory clarity under the new U.S. administration remains incomplete, and scalability issues persist despite layer-2 advancements. While a climb to $6,000 seems plausible, Ethereum’s slower transaction speeds and high gas fees continue to drive users toward alternative DeFi platforms offering lower costs and faster settlements. XRP Whales Signal Confidence Amid Price Slump The price of XRP fell 24% this week to reach $2.03 but evidence shows that whales continue to buy the tokens. During the downturn period addresses from 10 million to 100 million XRP range have purchased 300 million tokens worth $609 million thus adopting a buying pattern observed before major rallies. July marks the first occurrence of the XRP RSI entering oversold conditions in seven months which historically led to a price surge of 47%. Recovery from $2.33 marks the first condition for XRP to start its upward movement toward $2.70. Technical indicators point to upward price movement but XRP faces regulatory conflicts coupled with its centralized management system thus producing market uncertainties. Mutuum Finance (MUTM) Presale Momentum Builds Rapidly The second stage of Mutuum Finance (MUTM ) presale began at $0.015 while gathering support from 3,800 holders who contributed $2 million. Users find value through the decentralized lending system of the project because it lets them borrow against overcollateralized assets. The first phase of MUTM presale offered tokens at discounted prices that current investors can capitalize from until exchange listings begin at $0.02 per token. MUTM tokenomics implement a structured design which lets stakeholders generate returns after token launch. The presale investors who purchase the tokens will receive a 300% return as the list price appears at $0.06. Expert analysts predict that MUTM tokens will increase to $8 in 2025 because the platform sustains its value through revenue-based token buybacks. The purchase of MUTM tokens during the protocol phase involves permanent removal of tokens from circulation thus creating scarcity alongside token distribution to long-term staking participants. The double-sided system maintains market interest while holding off selling pressure so that it stands different from meme coins that need hype to survive. The implementation of mtTokens as interest-bearing assets from Mutuum Finance introduces new passive profitability possibilities that DeFi activity usually lacks. Borderless peer-to-peer finance that includes Dogecoin lending features integrates through the platform to unify decentralized finance operations. The MUTM project erases common risks from new projects by conducting security audits in addition to offering a $100,000 monetary incentive for early users. Mutuum Finance Leading From The Front While Dogecoin, Ethereum, and XRP exhibit flashes of potential, Mutuum Finance (MUTM) combines innovation, demand incentives, and presale accessibility into a package primed for rapid scaling. Current presale pricing offers a limited-time entry before the next phase hike, with exchange listings poised to amplify buying urgency. Investors seeking assets capable of outperforming meme-driven volatility are pivoting to MUTM, where a $500 investment today could transform into $64,000 by 2025. Act now—Mutuum Finance’s presale phase 2 is selling out fast. Secure tokens at $0.015 before the window closes and prices surge. Visit Mutuum Finance’s official website to participate before the next phase begins. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
Recent speculation on X suggests that President Donald Trump may propose eliminating capital gains taxes on cryptocurrency sales. Rumors circulating online indicate that an announcement could come as soon as Friday , though no official confirmation has been provided. While the potential policy has sparked excitement among crypto investors, legal experts and analysts have pointed out a significant hurdle—such a tax change would require congressional approval. JUST IN : @EricTrump and @DavidFBailey just let slip in their discord channel that they are looking to possibly announce Friday that there will be no capital gains tax on American based crypto currencies if held for more than 1 year. — Magoo PhD (@HodlMagoo) March 4, 2025 Adam Cochran, a well-known crypto analyst, directly addressed the claims on Twitter, pushing back against suggestions that Trump could implement the policy unilaterally. “The President can’t unilaterally change the tax code. Only Congress can,” Cochran tweeted. “It is one of the few Congressional powers expressly laid out in the Constitution.” He went on to mock the idea of an executive order eliminating capital gains taxes, sarcastically comparing it to declaring himself a cupcake. His argument underscores a fundamental aspect of U.S. governance: tax policy is legislated by Congress, not dictated by the President. While a President can advocate for tax changes and influence regulatory policy, capital gains tax reforms would require approval from both the House and Senate. You might also like: Michael Saylor invited to White House Digital Assets Summit
Widely followed quant analyst PlanB says Bitcoin’s ( BTC ) latest correction is now raising questions as to whether its bull cycle is on the verge of ending. In a new strategy session, PlanB says that while on-chain data suggests Bitcoin remains in a bull cycle, a lack of new all-time highs since January may indicate a bear market is starting to form. “Some questions about the Bitcoin market cycle chart. It is still measuring ‘bull market’ (red) in on-chain data. But as I explain in today’s video, we are at a crossroads.” Source: PlanB/X The analyst says there remains the potential of a V-shaped recovery after Bitcoin’s correction that tapped about $78,000 last week. “In bull markets, we can have multiple dips that are 20% or even 30% minus. However, it was still an unexpected dip. I expected more all-time highs after January’s all-time high and I expected February to be an all-time high as well, above $102,000. So we’re really at the crossroads right now. Either we’ll have a red hot bull market, a continuation of the bull market, or we enter the distribution phase into a bear phase. So what will it be? I don’t know. That’s a big question. Was this the top and is this the start of the bear market, or will we see a V-shape recovery and more bull market action?” Source: PlanB/X Based on historic precedence, the analyst says Bitcoin is likely to rally from current prices and print new all-time highs. “Yes, it has been at this crossroads each and every halving cycle. In all cycles the market has chosen bull/FOMO (fear of missing out) from here, but we have had only four cycles, not really enough to say something statistically sound. Fingers crossed for this fifth cycle.” Bitcoin is trading for $84,377 at time of writing, down 6.5% in the last 24 hours. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post PlanB Says Bitcoin Bull Market at New Crossroads Following Deep Correction – Here’s His Outlook appeared first on The Daily Hodl .
In a significant development for the crypto industry, the U.S. Securities and Exchange Commission (SEC) has agreed to drop its lawsuit against Cumberland DRW LLC, a Chicago-based trading firm. This
The upcoming White House Crypto Summit on March 7 seeks to redefine US crypto policy with high-profile attendees in the digital asset space. This summit represents a pivotal moment for