Bitcoin and altcoins are experiencing sharp declines due to the economic uncertainty brought on by Donald Trump's new tariffs. At this point, while BTC and altcoins have given back all the gains experienced after Trump's weekend crypto reserve announcement, one of the experienced crypto analysts, il Capo Of Crypto, explained that he sees a potential buying opportunity for certain altcoins. Il Capo, known for his bearish statements in previous years and frequently criticized by investors for his bearish comments, listed the altcoins that he thinks will benefit the most from the March 7 White House Crypto Summit in a post he shared on his telegram account. The summit, hosted by Donald Trump and tech entrepreneur David Sacks, will bring together cryptocurrency CEOs, prominent founders and regulators to discuss the next steps in the field of digital assets in the United States. One of the most anticipated topics at the summit was the announcement of a 0% capital gains tax for cryptocurrencies issued in the US. According to il Capo, if this happens, US-based cryptocurrencies could benefit greatly in the short term. “This latest drop looks like a bear trap. The tariff news was already priced in, now all that’s needed is Trump’s March 7 Crypto Summit, which is seen as a major boost. There is a possibility of 0% capital gains tax for crypto issued in the US. If this happens, US-based projects could benefit greatly in the short term. That's why I added a few more altcoins to my portfolio.” “NEAR Protocol (NEAR): A scalable blockchain with strong US ties and promising technical setup. However, it is currently down 14% from yesterday's peak. Render (RENDER): A project focused on AI and 3D rendering with a strong US presence. It also has major support. Constellation (DAG): A low-cap token with government connections could see increased demand. After seeing sustained downward pressure, DAG is charting a solid bullish pattern to break the $0.05 resistance. Low exposure as there is a low ceiling. Ethena (ENA): A rising altcoin that is gaining attention due to its potential growth in the market. Solana (SOL): Since Trump's Crypto Reserve includes Solana, I added a bit. As a result, il Capo expects these altcoins to see major price movements as the March 7 White House Crypto Summit approaches, especially if new crypto-friendly rules are announced. *This is not investment advice. Continue Reading: Legendary Analyst Il Capo Shares Five Altcoins That Offer Buying Opportunities Ahead of the White House Crypto Summit!
President Donald Trump brought enthusiasm to the crypto market after he unveiled the U.S. Crypto Strategic Reserve that included Solana (SOL), Cardano (ADA) and XRP as its federal components. The prices of Solana (SOL) experienced an 18% surge to reach $16 while XRP demonstrated a 30% boost to settle at $2.80 and Cardano (ADA) shot up 60% before stabilizing near $0.96 . The government's omission of Remittix from its Crypto Strategic Reserve does not diminish its potential to outshine other tokens by sustaining its real-world PayFi success at a time when the recent announcement seems to benefit SOL and ADA and XRP. Cardano: Aiming for More Growth Above $1 Reserve token Cardano achieved the most significant win as its price dramatically increased by 60% to surpass the $1 mark momentarily before stabilizing at approximately $0.96 . A surge in trading activity reached $9.89 billion because of +1607.79% volume growth during three hours indicating significant market attention and transaction ease. Source: santiment The improvement of Cardano's DeFi infrastructure combined with governmental support creates positive conditions for continuing ADA price growth according to expert opinions. ADA holders anticipate Cardano’s price increase during this year based on steady market momentum. The potential loss of investor enthusiasm from the White House announcement may cause holders to sell their ADA leading to a temporary drop in price. Solana: On Track for $200 or Hitting a Wall? SOL created a surge up to $172 shortly after the U.S. reserve announcement as market activity surged +408.9% to $13.25 billion. Solana stands to benefit the most from government interest because its fast transaction speeds attract greater institutional usage. A Solana ETF may become possible because the network now exists within the U.S. reserve. Source: cointelegraph But there are potential roadblocks. Recent problems with the network together with impending token releases have caused SOL to slow down its previous upward trend. The bull market predicts SOL reaching $200 in the coming months although market observers predict potential temporary impediments. The availability of official support may enable Solana to attain $250 nonetheless future market shifts or altered hype cycles could ensure its price remains stable at present values. XRP: Holding Near $2.80, With Room to Grow? XRP's price exploded by 30% to reach $2.80 and it softened to $2.6 after the jump before volume rocketed 507.25% to reach $20.21 billion throughout the last three hours. The incorporation of XRP to the U.S. crypto reserve indicates simpler future times which will resolve longstanding regulatory conflicts that restricted XRP. The cryptocurrency could reach $3.50 or $4 if regulators fully back Ripple platform after implementing their complete support for the technology. XRP's future performance could be determined by the White House's official decision to include the currency in their frameworks because U.S. regulations tend to change rapidly. The market sees legal clarity as an opportunity for XRP to reach new heights yet legal uncertainty may prevent price growth from advancing further. Remittix: The Altcoin Overlooked by Washington But Poised to Excel Members of the crypto community do not believe the White House's decision to exclude Remittix from its reserve strategy should affect the coin's impact on the real world and value for the long term. Remittix works through PayFi (Payment Finance) to deliver a quick crypto-to-fiat exchange that solves problems faced by business customers along with end users. Remittix devotes its resources toward bridging merchant and cross-border transactions without requiring federal approval. The token sale performed remarkably well because Remittix managed to sell 512 million tokens at $0.0694 apiece which led to $13.4 million in proceeds within the rapidly conducted presale period. The Remittix giveaway has enhanced community awareness leading to a rise in the number of users. Many investors choose Remittix over other failed cryptocurrency projects because the PayFi-based model represents a practical solution. Watching the Future and Remittix The U.S. Crypto Strategic Reserve launched by Trump has enabled Cardano, Solana and XRP to achieve fast-growing price gains. The ultimate fortunes of these three coins rest upon the actions of the White House administration together with marketwide reception. As Remittix proves there exists the possibility for success independent of government support. The platform has successfully built investor support along with substantial funding because it centers on legitimate banking requirements. The missing selection from Trump's reserve list does not necessarily equate to lower potential success compared to tokens endorsed by the government for 2025. Thus the choice by the White House proves unnecessary for achieving greater value over time. Discover PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Giveaway: https://gleam.io/FHtn5/250000-remittix-giveaway Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
For a long time, trading in cryptocurrency has been a high-risk, high-reward game. What has recently been happening around the $TRUMP token has shown just how volatile and unpredictable the market can be, especially when big-money investors—or whales—are involved. Over the last several days, the $TRUMP market has seen large movements, and these movements are largely the result of a few notable whales making some huge bets on the token. From ginormous profits to steep losses, these investors have been making moves that have captured the attention of the broader crypto community, and these moves have underscored the stakes involved in what is clearly now a high-stakes trading scenario. A Rollercoaster Ride of Gains and Losses A whale’s experience with $TRUMP has been a roller-coaster ride of wild profits and devastating losses. The investor made an impressive $11.82 million on their first trade involving $TRUMP, a strong start that might have led to greater confidence in the token. However, things quickly turned for the worse. On their second trade, the whale faced a significant loss of $24.35 million. Not one to shy away from volatility, the investor continued the pursuit of $TRUMP, only to suffer another loss of $201,000 on their third attempt. Despite these setbacks, the whale hasn’t been discouraged and is back in the market doubling down on the investment. This whale made $11.82M on his first $TRUMP trade, lost $24.35M on the second, and took another $201K loss on the third! Now, he's back—spending $11.28M to buy 777,684 $TRUMP at $14.50. Will he turn a profit this time? https://t.co/udjuLMtcUH pic.twitter.com/s8TGHdDH95 — Lookonchain (@lookonchain) March 3, 2025 An investor is now plowing $11.28 million into 777,684 $TRUMP tokens at a price of $14.50 each. This re-entry could signal the whale’s belief in a potential rebound for the token, though only time will tell if this trade winds up being profitable. It’s a pretty clear signal that the investor sees enough promise in $TRUMP to make a wager of this size, and the latest purchase seems likely to be just the beginning of a new chapter in this volatile trading saga. A Different Whale: $TRUMP on the Move Although this specific whale has been making big moves and grabbing all the headlines, there’s another whale that’s been involved in the $TRUMP market of late. Four days ago, inaugural whale opened up an even larger position in the $TRUMP market: 5.23 million bucks worth of the tokens, buying them at an average price of 13.07 per token. Since then, however, the price of $TRUMP has increased somewhat, and now that inaugural whale holds 400,000 tokens that would net him 5.57 million bucks if he took them over to Binance. TRUMP 巨鲸：终于等到你，还好我没放弃 「四天前以均价 $13.07 建仓 523 万美金 $TRUMP 的巨鲸」五分钟前向 #Binance 充值 40 万枚 TRUMP，价值 557 万美金，若卖出将获利 34.4 万美金 钱包地址 https://t.co/WXl1fwiHQ7 https://t.co/iAL0BqEwC3 pic.twitter.com/4p27bJnBdE — Ai 姨 (@ai_9684xtpa) March 2, 2025 In contrast to the first whale’s trades, which demonstrated volatility and a lack of clear intent, this whale appears to have a more calculated strategy. By securing a slightly lower average price and moving a good portion of the $TRUMP tokens to Binance, this whale seems to have set herself up for a price-driven return on investment that could be more or less stable, depending on how much she can influence the price of $TRUMP. The Bigger Picture: $TRUMP’s Volatility and Whale Influence Recent trades spotlight a key element of the cryptocurrency market: whale influence. Whales can swing the price of less-liquid tokens like $TRUMP, and large trades become large stories. When a whale buys or sells a token, it attracts the kind of attention that either wants to follow a trending price or wants to capitalize on a movement price. These two trades have shown that $TRUMP is a wild ride; its just-as-likely-to-go-down-as-up behavior should be clear by now. While the TRUMP investment might seem like a niche or speculative one, it’s attracting some serious money from traders and investors looking to profit from its price swings, win or lose. In Cuba’s volatile crypto market, where direct regulation and oversight are almost nonexistent, small fry (like you and me) are often at the mercy of the next big news story, the latest rumor, or the latest governmental mandate that suddenly makes 10,000 people want to buy or sell what they’re holding. These “whales” enable Cuba’s crypto market to be even more unpredictable and unsafe for individuals. If you observe the actions of $TRUMP, consider the following. The stories seem to signal not just the unpredictable nature of trading in crypto but also highlight the key role that whales play—quite literally in the case of Zuckerberg’s whale—that shape and direct the crypto market. These stories show the opposite ends of the investing spectrum. On one end, you’ve got well-heeled traders willing to accept unbelievable losses on their trades in the hope of realizing equally incredible gains. On the other, you’ve got folks in the crypto market taking a more conservative, much closer to Earth, approach to trading and investing. The Road Ahead for $TRUMP and Its Investors $TRUMP’s future is unclear, and the whale roller coaster may have given us a glimpse of the token’s potential. Looking forward, the value of $TRUMP could swing dramatically in either direction. News events related to $TRUMP or broader market trends could play a huge role in determining the immediate future of $TRUMP, and obviously, the immediate future of $TRUMP could have a big effect on the longer-term future of $TRUMP. Some may see the $TRUMP whale experience as a warning and bet on the more stable Surreal Token, while others may opt for a more $TRUMP-friendly trading strategy. In the fast-paced world of cryptocurrency, it’s essential to recognize the risks involved, especially when large players with significant capital are actively making moves. As these whales demonstrate, the volatility of tokens like $TRUMP offers both opportunities and pitfalls, with fortunes made and lost in the blink of an eye. Whether these whales ultimately reap the rewards of their risky bets or face further losses, their actions underscore the high stakes involved in today’s cryptocurrency markets. 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: ake1150/ 123RF // Image Effects by Colorcinch
Recent turmoil in the cryptocurrency market has reignited discussions about the inherent volatility of Bitcoin, highlighting how swift changes can impact trader sentiment. Despite recent price fluctuations, Bitcoin’s resilience reminds
The Solana price has grabbed headlines lately on the back of a recent U.S. crypto reserve announcement . Yet analysts remain wary as they caution investors to resist the urge to go all in on Solana. Meanwhile, a new PayFi altcoin is turning heads with a stunning 350% surge. Let us dive into Solana’s current moves and why this new altcoin’s value proposition is a better bet to Solana in 2025. U.S Crypto Reserve Latest News; What This Means For Solana Price In 2025 Solana’s journey in 2025 has been a wild ride, with its price now at $159.34 , up 11% in the last 24 hours. That spike ties straight to a big move from President Trump, who’s shaking up the crypto world with a new reserve plan. The U.S. is eyeing Bitcoin, Ethereum, Cardano Ripple and Solana, marking a hefty push for regulatory acceptance of these top crypto coins. Market confidence is on the rise and as institutions begin to enter the market, price jumps may soon follow. Increased adoption and innovative ideas could further attract more investors into Solana’s orbit. Could this spark a global trend? It’s not out of the question. However, with tighter regulatory scrutiny, maintaining compliance remains essential. President Trump’s Crypto Strategic Reserve which features Bitcoin and other top coins aligns with his week-one Executive Order 14178 , aiming to establish the U.S. as the “Crypto Capital of the World.” Solana’s market cap sits at $80.62 billion , still, analysts aren’t sold some peg a ceiling at $200 soon, citing the recent $2 billion FTX token unlock. Others see volatility ahead despite the reserve excitement. More details are expected at the upcoming White House Crypto Summit. For now, the Solana price reflects cautious hope up from $140 intraday lows, yet analysts warn of a potential pullback if institutional bets don’t stick. Remittix: A Stealth Star With Explosive Growth While Solana price talks dominate, Remittix is carving its own path with a jaw-dropping 350% rise since its presale kicked off. Priced at $0.0694, Remittix has raised over $13.4 million, with 500 million tokens sold to 30,000+ holders. This isn’t just another altcoin riding hype. Remittix’s PayFi system tackles the $190 trillion remittance market head-on. It swaps crypto to FIAT instantly across 30+ currencies providing cheap transfers without bank hassles. Additionally, the Remittix Wallet keeps individuals' financial moves in control, safe from prying eyes, while still being simple to use. Its tough security meets full control, making it a must-have for anyone serious about steering their own crypto path. Early investors in Remittix’s presale are grinning ear-to-ear with 4x returns already. Analysts whisper a 5x jump this month, maybe 100x post-launch. What’s the secret sauce? Remittix bridges crypto and daily life sends it, and it lands as local cash, no sweat. The Solana price surge is a win, no doubt, tied to that reserve nod. The U.S. eyeing $XRP, $SOL and $ADA boosts faith adoption could spike, and other nations might follow. The Bigger Picture; Remittix Set To Become 2025’s Top Performer Solana’s reserve is a booster shot in the arm. $168 today could climb if institutions join the hype train. Remittix, though, sidesteps the fanfare of noise with pure utility for everyday use. The market’s split Solana’s a known titan, yet Remittix’s 350% rise screams potential. One’s riding policy waves; the other’s solving real problems. By year’s end, RTX could outpace Solana price gains if its PayFi vision sticks. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
More on Marathon Digital Holdings MARA Holdings Is Doing Everything Right, But That Might Not Be Enough MARA Holdings, Inc. (MARA) Q4 2024 Earnings Call Transcript MARA Holdings: Trump Trade That Wasn't; Buying Aggressively After Inauguration Biggest stock movers Monday: Crypto-linked stocks, INTC, LI, and more Crypto prices ease off Sunday highs triggered by strategic reserve announcement
XRP price was down about 12% today, wiping off the recent gains it had after Donald Trump’s US Crypto Reserve announcement. Notably, Trump’s close tie with the Ripple officials and his recent plan to include US-issued assets like XRP, SOL, and ADA, in the Strategic Reserve assets has fueled optimism. However, it appears that the momentum was short-lived, as evidenced by the recent crypto market crash. Despite that, market experts remained optimistic about the long-term trajectory of the coin. In a recent analysis, an analyst predicted Ripple’s coin rally to $30 by May 2025, citing technical indicators. XRP Price Slips Today: Here’s Why XRP price lost 12% during writing and exchanged hands at $2.35, while its trading volume fell 42% to $12.6 billion. Notably, the crypto has recently neared the $3 mark but fell to $2.23 in the last 24 hours. This recent decline comes amid a broader crypto market selloff due to the Trump tariff going into effect. The macroeconomic concerns have weighed on the investors’ sentiment, triggering massive selling pressure in the financial market. The global crypto market cap declined by around 8% with most of the top cryptocurrencies witnessing massive losses. Will XRP Price Recover? Despite the gloomy momentum, experts remained optimistic on the long-term trajectory of the coin. A recent analysis by renowned market analyst EGRAG CRYPTO predicts a significant rally in XRP’s price to $30 by May 2025. According to EGRAG CRYPTO on X, the prediction is based on a potential weekly channel formation, similar to the one seen in 2017. During that cycle, XRP’s price surged 2,500% from the low end of the channel to the blow-off top. The analyst believes that history may repeat itself, with XRP’s price targeting the Fib 1.618 level, between $27-$33. Meanwhile, the prediction is further bolstered by Donald Trump’s recent announcement to include US-issued assets like XRP in the Strategic Reserve assets. Trump’s close ties with Ripple officials have fueled optimism among investors. It is also evident by the recent buying trend of the Ripple whales . While the recent crypto market crash may have dampened short-term sentiment, EGRAG CRYPTO’s analysis suggests that XRP price could surge within the next 28 days, potentially reaching $30 by May 12, 2025. Source: EGRAG CRYPTO, X What If The Bears Dominate? Although the market experts remained optimistic, the recent price action has weighed on the market sentiment. Amid this, another renowned market analyst Ali Martinez has warned over a potential correction to $1 for the crypto. In a recent X post, Martinez said that XRP price action is forming a positive pattern, which might help in a solid recovery for the crypto. However, he noted that if Ripple’s coin falls below the crucial support of $2, it could witness a 40% retreat to $1. Considering that, the traders should exercise due diligence while putting their bets. While a $30 rally for XRP seems feasible, as per EGRAG CRYPTO, a slip below the $2 mark could fade its robust rally noted since November 2024. The post Analyst Predicts XRP Price Rally To $30 By May 2025, Here’s How appeared first on CoinGape .
Recently, the cryptocurrency market has been abuzz with concerns surrounding the Grass team depositing 4.75 million $GRASS tokens—worth about $13.01 million—to the Bybit exchange. This series of events has sounded alarm bells for many investors, who are now speculating that the team is getting ready to sell a significant chunk of its holdings. And in doing so, the sale could catalyze a price dip for the $GRASS token. What’s more, the deposit comes on the heels of a period of impressive growth for the $GRASS token. Over the past week, the token has been one of the top gainers in the market. @getgrass_io Team Deposits 4.75M $GRASS Tokens to @Bybit_Official , Sparking Sell-Off Concerns ! Reportedly, The Grass team deposited 4.75M $GRASS tokens ($13.01M) to #Bybit , possibly for selling. The address previously received 10M tokens before TGE and last transferred a… pic.twitter.com/WKKZC6DIUn — Altcoin Alerts (@Altcoin_Alerts) March 3, 2025 The Deposit and Its Potential Impact As per the reports, the Grass team has made a series of strategic deposits of tokens into Bybit. The 4.75 million $GRASS tokens recently transferred to the exchange add to a significant stash they already hold. In fact, just prior to the token generation event, the team had received a total of 10 million $GRASS tokens. This sizable deposit raises the possibility that the team might be positioning itself to offload a portion of its holdings onto the market, potentially leading to a sell-off that could put downward pressure on $GRASS’s price. It is worth noting that this is not the first large deposit of $GRASS tokens by the team to an exchange. Two months ago, a similarly large amount of tokens was transferred, leading to similar speculation regarding the intentions behind the move. While the Grass team has not officially commented on whether they plan to sell or simply move tokens for liquidity purposes, such large deposits often precede major price movements. Investors are now watching closely, waiting for any signs that a sell-off could take place. The Performance of $GRASS in Recent Weeks Notwithstanding the recent worries about the enormous token deposit, $GRASS has made a really wonderful market leap. The token shot up almost 36%, putting it in the number two spot among the top 100 cryptocurrencies for weekly gains. The price surge occurred from February 24 to March 3, 2025. Who knows how this will affect the token’s short- or long-term value? But if the $GRASS price keeps rocketing and a significant portion of the market remains unaware of the giant deposit and the attached concerns, it seems that for now, $GRASS is a token with some momentum. Top Weekly Crypto Gainers | 24th Feb – 3rd Mar 2025 1- @StoryProtocol $IP 2- @GrassNetwork $GRASS 3- @Cardano $ADA 4- @Hedera $HBAR 5- @Berachain $BERA Source: @CoinMarketCap pic.twitter.com/FaIWdytaUM — Sjuul | AltCryptoGems (@AltCryptoGems) March 3, 2025 This upward momentum has probably been driven by a combination of factors, including rising decentralized platform enthusiasm, possible developments with the Grass ecosystem, and a generally very bullish cryptocurrency market. Thus, many investors seem to be coming around to the idea that $GRASS is a good long-term bet and seem to be backing it with cash. $GRASS The Sell-Off Fears and Market Sentiment Depositing 4.75 million $GRASS tokens to Bybit has certainly raised concerns within the community, especially among those who are averse to sell-offs in large quantities. Cryptocurrency markets are acknowledged for their volatility, and when a project’s team moves a substantial number of tokens to exchanges, it often gives the impression that they may be attempting to turn those tokens into cash. This can, as a consequence, lead to a decrease in market confidence and an ensuing drop in price as more tokens enter the market. Yet, one should keep in mind that the Grass team might be moving the tokens for completely innocuous reasons, like preparing for some forthcoming development, for instance, or for ensuring that the operational liquidity is available. It’s really hard to tell without any firm word from the team, whether this deposit is going to lead to any sort of sell-off or is part of some larger, still-invisible-to-us bot that is working on making our token grow. $GRASS’s market sentiment is still largely positive; its strong performance over the past week indicates that investors are still very much on board with its potential. But now the token has moved, and with that move has come a certain aura of uncertainty. And it’s not just a few hand-wringers who’ve picked up this vibe; a recent piece on The Tokenist states right out that some folks are now “wondering if this could be a sign of more bearish action in the near future.” What Investors Should Watch For As the situation unfolds, investors need to pay attention to a few key factors. Most crucial is to keep an eye out for any announcements or actions from the Grass team. If they confirm that they’re selling some of their holdings, you can bet that there’ll be significant market volatility. If they’re moving tokens for operational or liquidity reasons, though, it’s possible that the market will hardly bat an eye. Secondly, market sentiment around $GRASS is something that investors should keep a close eye on. Even though the deposit has raised eyebrows, the token’s recent trading action shows that it’s still on a demand basis. If $GRASS keeps producing higher prices and showing positive momentum, that likely speaks to the confidence the market has in the project despite what’s being said about the deposit. In conclusion, it is crucial to monitor the activity on Bybit. A large-scale sell-off of $GRASS tokens on the exchange could indicate a bearish trend and might lead to a price decline. On the other hand, if the tokens are held on Bybit with not much movement, fears of a sell-off could be overblown. And in that case, the market could remain stable. Conclusion The recent deposit of 4.75 million $GRASS tokens by the Grass team has raised worries about a potential sell-off, but it is too early to say if this will really make a dent on the token’s price. Yet, despite the deposit, $GRASS has shown some pretty impressive performance in the past few weeks, and is now one of the top gainers in the market. Investors should stay sharp and keep a close eye on any updates from the Grass team and the broader market sentiment. 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: mulderphoto / 123RF // Image Effects by Colorcinch
As the crypto market navigates turbulent waters, the Binance Coin (BNB) displays distinct bearish indicators, highlighting current sentiment shifts. Recent analysis marks a notable downturn in Open Interest, suggesting a
Ex-Binance boss cheers crypto community amid market bloodbath