This week’s market correction has seen Bitcoin (BTC), the largest cryptocurrency by market capitalization, retest some of its key support levels. As the price starts to recover from the recent lows, some analysts consider the weekend might bring some bullish relief for investors. Related Reading: Ethereum Drop Coming? ETH Risks Fall To $2,180 If This Support Fails – Analyst Bitcoin Recovers From $78,000 Drop Bitcoin has experienced significant selling pressure over the last week, fueling doubts about a potential market top. The flagship crypto has dropped 21% from last week’s high of $99,000, dipping below the $80,000 level for the first time since November. The correction also saw BTC drop nearly 30% from its January all-time high (ATH) and trade below its post-US election price range. A week after the market bleeding started, Bitcoin hit a new three-month low, retesting the $78,000 support on Friday morning. Various market watchers noted that BTC’s most recent decline reached and partially filled its November 2024 CME Gap between $78,000 and $80,700. Rekt Capital pointed out that Bitcoin is experiencing a “strong rebound against the partially filled CME Gap and is doing so on above-average seller volume.” The flagship crypto has surged around 7% from today’s lows, hovering between the $83,000 and $84,000 support zone for the past few hours. To the analyst, the CME Gap support and sell-side volume will be two key indicators to pay attention to over the weekend as constant, uninterrupted BTC sell-side pressure is unsustainable, and seller exhaustion potentially accelerates in the next few days. Bitcoin is finally starting to experience above-average seller volume. There’s still scope for more seller volume to come in, but the chances of Seller Exhaustion occurring are increasing. And Seller Exhaustion tends to precede price reversals. Is A Weekend Rebound Coming? Crypto analyst Jelle highlighted that Bitcoin has done “three drives in deeply oversold territory” this week and is retesting the local lows before today’s drop, which suggests that a “weekend relief seems likely.” The analyst stated that reclaiming the $84,500 support is key for BTC’s recovery as “the past two retests ended up resulting in new lows.” Nonetheless, he noted that today’s rebound seems different due to BTC “touching the 200-ema cluster” for the first time this week and breaking above it. To Jelle, this could signal an “interesting weekend,” with the new CME Gap at $93,000 open. Rekt Capital pointed out that Bitcoin “has filled every CME Gap that has formed since mid-March 2024” and that only the newly formed CME Gap between $92,800 and $94,000 remains open after this retrace. If BTC continues this pattern, the price could see a rebound to fill the new gap soon. Related Reading: Memecoin Scam Alert: Pump.Fun X Account Hacked, Promotes Fake PUMP Token The analyst has outlined two potential scenarios for BTC’s current “downside deviation.” According to the post, Bitcoin’s price could revisit $93,500 by the end of the week if the deviation “is to end up as a downside wick.” Meanwhile, if the deviation is “to end up as the Post-Halving deviation featuring Weekly Candle Closes below the Re-Accumulation range,” BTC’s price could revisit the $93,500 level in the next two to three weeks as “part of a post-breakdown relief rally.” As of this writing, Bitcoin trades at $85,120, a 0.5% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
President Trump will host the first White House Crypto Summit on March 7, bringing together industry leaders to discuss regulations, stablecoins and Bitcoin reserve legislation.
Tremendous amount of meme coins has been burned over past month
Bitlayer, the first Bitcoin-focused layer-2 network, has made a significant announcement today to further advance the vision of expanding Bitcoin beyond its traditional role as a store of value. As the pioneering BTC network, Bitlayer, announced at ETH Denver 2025 its key partnerships with five Blockchains, viz., Arbitrum, Statknet, Base, SonicSVM and Plume Network. The partnership aims to unlock Bitcoin’s $1.9 trillion liquidity by integrating it with these five major Blockchains through Bitlayer’s BitVM. The collaboration is set to work towards redefining the role of Bitcoin by bringing Bitcoin-powered smart contracts, interoperability, and decentralized finance (DeFi) similar to existing Ethereum. Bitlayer BitVM transforming the Passive role of BTC Historically, Bitcoin has been the most secure and decentralized blockchain, but its limited scripting language has prevented the development of advanced smart contracts. Developed by Bitlayer, the BitVM Bridge – which is the core of these partnerships – is a trust-minimized Bitcoin bridge powered by the innovative BitVM smart contract framework. This technology facilitates secure and efficient transfers of Bitcoin (BTC) into various blockchain ecosystems, allowing BTC holders to engage directly with DeFi applications without relying on centralized intermediaries. The off-chain computation framework, seeks to change that by enabling Turing-complete smart contracts on Bitcoin without requiring protocol changes. Bitlayer’s Bitcoin Virtual Machine or BitVM enables Turing-complete smart contracts on Bitcoin and allows developers to build Ethereum-like dApps without changing Bitcoin’s protocol. It uses off-chain computation and fraud proofs to ensure security and efficiency. How the Partnerships can help The announced partnerships by Bitlayer with the key Blockchain networks can significantly accelerate the integration of Bitcoin in the Web3 ecosystem. Every partner in this partnership is set to play a key role, such as: The integration of Bitlayer BitVM bridge with Base will allow Bitcoin holders to utilize their assets across Ethereum Virtual Machine (EVM)-compatible chains, enhancing Bitcoin’s liquidity within the DeFi ecosystem. As one of the leading Ethereum Layer-2 solutions, Arbitrum will provide scalability and high-speed execution for BitVM-powered smart contracts and yBTC DeFi applications. Through the BitVM Bridge, Arbitrum users can bridge assets to and from Bitcoin under a trust-minimized framework, enriching Arbitrum’s DeFi landscape. The integration with Starknet will offer Bitcoin users instant transactions with minimal fees in a secure environment, leveraging STARK proofs for enhanced security. By integrating with Sonic, the first Solana Virtual Machine (SVM) chain, the BitVM bridge will be able to bring Bitcoin liquidity to Web3 applications, including gaming and social media platforms. The collaboration with Plume Network , a Layer 1 blockchain focused on real-world assets (RWA), can unlock Bitcoin’s liquidity for institutional-grade financial products, bridging traditional finance with blockchain technology. It will enable native BTC to flow directly into its ecosystem to access real yields and RWA staking, bridging a new era of RWAfi and BTCfi together. Bitlayer BitVM trust-minimized bridge Yield-bearing BTC Major chain integrations We're teaming up with @arbitrum , @Starknet , @base , @SonicSVM , and @plumenetwork to bring BitVM and yBTC to major blockchain networks! pic.twitter.com/0fJrRQaXVT — Bitlayer BitVM (@BitlayerLabs) March 1, 2025 Further, the integration of yBTC (Yield Bitcoin) into these networks will enhance Bitcoin’s utility. yBTC is a wrapped Bitcoin asset that allows BTC holders to participate in DeFi applications, lending protocols, and yield-generating opportunities while maintaining exposure to Bitcoin’s value. With this partnership, yBTC will be natively supported across multiple blockchain ecosystems, creating new liquidity and DeFi use cases. With yBTC available across multiple networks, BTC holders can access lending, staking, and liquidity provision without relying on centralized intermediaries. Thus, the partnerships and collaborations are set to unlock new cases of Bitcoin while expanding its utility. As over $1 trillion of Bitcoin sits idle in wallets, the aimed efforts of Bitlayer alongwith the key Blockchain partners can significantly work towards transforming it into an active asset. The post Bitlayer Teams Up with Arbitrum, Starknet & More to expand Bitcoin’s role in Web3 appeared first on CoinGape .
The White House will host the first crypto summit next week where President Donald Trump will meet with prominent crypto executives and investors. As the anticipation builds around this summit and the impact it will have on crypto prices, savvy investors are looking for altcoins that could deliver 100x returns. In this article, we identify the top 4 US altcoins that you can buy today for massive gains ahead of this event. US Altcoins to Buy Ahead of White House Crypto Summit White House crypto czar David Sacks has announced that President Trump will host a crypto summit at the White House on March 7. President Trump will speak at this summit where prominent crypto founders, executives, and investors will be in attendance. Per the statement, members of the President’s Working Group on Digital Assets will also attend the summit. This meeting will deepen the ties between Trump and the crypto industry, which he promised to support during last year’s campaign trail. White House Crypto Summit This development has stirred excitement within the crypto community. Analyst Crypto Patel believes that it “could be a game changer for the crypto industry.” Additionally, BitWise co-founder Matt Hougan noted that it adds to the positive developments happening in the US crypto environment that will benefit US altcoins. As the crypto community eagerly awaits this summit, below are the top 4 US altcoins you can buy. Ripple (XRP) Ripple CEO Brad Garlinghouse is likely to be among the crypto executives who will attend this summit. Garlinghouse has previously met with Trump at Mar-a-Lago, raising speculation about Elon Musk picking Ripple for US national debt repayment . The XRP price has also bounced from its critical support of $2. The price is still trading above the 200-day EMA and the Chaikin Money Flow shows buying pressure is strong. If Ripple sustains a rally above this support, the US altcoin could support a breakout toward the resistance levels of $2.45 and $3.40. Solana (SOL) Solana price, at press time, had outperformed the other top altcoins with a 10% gain. The altcoin shows a strong outlook despite a $1.8B SOL unlock happening this week that could drive selling activity. Solana is breaking the midline of the descending parallel channel, suggesting a possible bullish reversal. The ADX is also falling showing weakening bearish momentum. If buyers step in now, and SOL breaks out of this trendline, it may aid a recovery to resistance at $206, making it one of the top US altcoins to buy. SOL/USDT: 1-day Chart Dogecoin (DOGE) Speculation is rife that Dogecoin price could hit $10 this cycle . One of the factors that could drive this rally is the recent move by the SEC to declare that meme coins are collectibles and not securities. The DOGE Awesome Oscillator shows a bullish divergence, and the price has bounced from support. If this US altcoin flips the 200-day EMA, it could resume the uptrend to the 123.6% Fibonacci level of $0.55. DOGE/USDT: 1-day Chart Cardano (ADA) Cardano founder Charles Hoskinson might also be among the executives that will attend the White House crypto summit, boding well for the altcoin’s price. Buyers are already reentering the market, with the RSI tipping north. This supports a bullish Cardano price prediction that could lead to a rally to the 178.6 Fibonacci level of $1.97. ADA/USDT: 1-day Chart Why Are These The Best US Altcoins to Buy For 100x Gains Ripple, Solana, Cardano, and Dogecoin can rally 100x this week amid speculation about the crypto summit. These are US-based coins and some executives and representatives from their ecosystems might attend this summit. As speculation around this summit grows, these 4 altcoins are a good pick for crypto traders. The post 4 US Altcoins to Buy Today to 100x Before First White House Crypto Summit appeared first on CoinGape .
On March 1st, COINOTAG News reported significant metrics from the Bitcoin network, showcasing the latest advancements in blockchain **technology**. The most recent block, designated as **Block 885840**, was successfully mined
The Dogecoin price prediction has captured the attention of crypto enthusiasts, but as the market evolves, a new competitor may be ready to take its place. Having experienced firsthand the thrill of investing in meme coins, I can tell you it’s not all about hype. One rising star in the crypto world is Dawgz AI , an innovative project using powerful trading bots to help investors maximize their returns. By leveraging Ethereum, Dawgz AI offers a fresh opportunity to capitalize on crypto growth, potentially outpacing Dogecoin as a serious investment. The future of meme coins might be more strategic than we thought! The Rise of Dogecoin: A Meme Coin’s Journey Dogecoin's price began its journey as a fun, meme-driven project, based on the Doge meme. At first, it seemed like just another joke in the crypto market, but something unexpected happened: Dogecoin caught the attention of both the crypto community and investors. Thanks to its low price and massive online following, Dogecoin surged in value, leading to explosive trading volume and growth. In recent years, Dogecoin's doge price has fluctuated wildly. From hitting a peak price during the 2021 bull run to experiencing major dips, Dogecoin's price history has been nothing short of dramatic. Despite its ups and downs, Dogecoin's market cap has grown significantly, and its influence in the meme coin world remains strong. Dogecoin’s Current Market Impact At the time of writing, Dogecoin's price continues to show resilience, with market analysts predicting further potential for growth. The current price of Dogecoin, while not at its peak price, still holds a solid place in the market, especially among meme coins. The trading volume remains high, indicating active trading and interest in Dogecoin. Many experts have weighed in on the Dogecoin forecast, and there’s a mixed outlook. Some predict steady growth, while others believe Dogecoin's price will experience volatility. Regardless, Dogecoin's doge price will likely be influenced by community engagement, market trends, and the growing crypto market interest in meme coins. Dogecoin Price Prediction: Can It Keep Up? When looking at Dogecoin price predictions, it’s important to consider market capitalization, trading volume, and historical performance. Dogecoin's price has been heavily impacted by social media trends and celebrity endorsements, so it’s no surprise that it’s often seen as an unpredictable asset. That said, many market analysts believe Dogecoin could see further growth in the next crypto bull run. Some estimates predict Dogecoin's doge price could increase significantly, but reaching the maximum value seen in previous years may be a stretch. For example, Dogecoin price predictions vary, with minimum and maximum prices for the coin ranging from conservative to more optimistic forecasts. Dogecoin's price could rise again, but it’s important to note that much of this potential hinges on the overall crypto market performance. What Affects Dogecoin’s Price? The Dogecoin price prediction hinges on several factors: Community Engagement: Dogecoin thrives on its vibrant community. If the community stays active and engaged, it could help Dogecoin's price grow. Meme Culture Influence: Meme coins like Dogecoin are heavily driven by internet culture. The hype around these coins plays a massive role in driving price action. Crypto Market Trends: The overall performance of the crypto market will play a significant role. If the market experiences a surge, Dogecoin's doge price could follow suit. Dawgz AI: The Rising Star in Crypto While Dogecoin may have been the frontrunner in meme coins, Dawgz AI is here to offer something new. Unlike Dogecoin, which largely depends on meme hype and community engagement, Dawgz AI is focused on real investment growth. It uses cutting-edge technology, including AI-powered trading bots, to give investors an edge in the market. By leveraging the power of Ethereum, Dawgz AI offers a more strategic and sustainable investment approach. The Dawgz AI project focuses on helping investors grow their portfolios by capitalizing on market trends using high-frequency trading. This makes it a perfect choice for investors who are looking for long-term growth during the bull run, unlike the more volatile nature of Dogecoin. Explosive Growth Potential for Dawgz AI Dawgz AI has the potential to explode in value during the next crypto bull run. With a unique blend of fun and functionality, Dawgz AI isn’t just another meme coin. It’s a project that focuses on strategic growth, offering investors a chance to maximize their returns by using AI-powered bots. As Dawgz AI continues to gain traction, it’s positioning itself as a serious contender in the crypto market. In comparison, Dogecoin has seen its maximum price largely driven by social media and celebrity endorsements. On the other hand, Dawgz AI has a more sustainable growth model, backed by real technology and technical analysis. For those who want to look beyond meme coins and make more strategic investments, Dawgz AI is a game-changer. How to Buy Dawgz AI Tokens ($DAGZ) Ready to join the Dawgz AI community? Here's a simple guide to purchasing $DAGZ tokens: Step 1: Visit the Official Dawgz AI Presale Page The first step to owning Dawgz AI tokens is to visit their presale page. This is where you’ll find all the important details about the presale, including how to purchase your $DAGZ tokens. Step 2: Connect Your Crypto Wallet To purchase $DAGZ, you need a crypto wallet that supports Ethereum-based tokens. Make sure your wallet is connected to the Ethereum network before proceeding. Step 3: Fund Your Wallet with ETH or USDT The presale accepts Ethereum (ETH) and Tether (USDT), so you’ll need to purchase one of these cryptocurrencies and transfer them into your wallet before making the purchase. Step 4: Choose How Much $DAGZ You Want to Buy Once your wallet is set up and funded, decide how many $DAGZ tokens you want to buy. Enter the amount of ETH or USDT you wish to swap for $DAGZ. The platform will automatically calculate how many tokens you will receive. Step 5: Confirm the Purchase After choosing how much $DAGZ to buy, simply click the “Buy Now” button and approve the transaction in your wallet. Step 6: Claim Your Tokens After the Presale Ends Once the presale period ends, visit the Dawgz AI site, reconnect your wallet, and follow the instructions to claim your $DAGZ tokens. Conclusion While the Dogecoin price prediction remains uncertain, with potential price increases dependent on market sentiment and community engagement, Dawgz AI offers a more reliable and strategic opportunity for investment decisions. From my personal experience, Dawgz AI presents an exciting chance to capitalize on crypto market trends without relying solely on the internet meme hype. With its price action backed by real technology, Dawgz AI is poised for explosive growth. While Dogecoin’s price fluctuates, Dawgz AI offers the best bet for long-term growth in the next bullish market. FAQ What is the Dogecoin prediction for 2025? The Dogecoin price prediction for 2025 shows potential for steady growth, with market analysts suggesting a bullish sentiment depending on the overall crypto market performance. While Dogecoin's doge price could see price increases, it’s unlikely to reach its peak price from the past. Based on technical analysis, Dogecoin's price could experience fluctuations, but predictions vary. The market capitalization and circulating supply are pivotal in determining Dogecoin price movements, and own research is always crucial when making investment decisions. Can DOGE reach $10? Reaching $10 for Dogecoin seems unlikely, given its current price and market capitalization. Although the price of Dogecoin has seen impressive growth in the past, the minimum and maximum prices indicate a significant challenge for Dogecoin doge to hit that level. The maximum value Dogecoin has reached so far is well below $10, and considering the trading volume and market dynamics, the highest price is projected to stay much lower than that. However, price prediction models still see room for price increases in the future. How much is $500 worth of Dogecoin right now? The price of Dogecoin fluctuates, so the value of $500 in Dogecoin doge depends on the current price. For instance, if the average price of Dogecoin is $0.05, $500 would buy you around 10,000 Dogecoin coins. As Dogecoin’s price can experience fluctuations, especially influenced by social media buzz or meme coin hype, checking the latest data before making a move is essential. Use technical analysis to forecast price action trends, but always remember that future results can be uncertain. Is Dogecoin projected to skyrocket? While Dogecoin's price could see price increases, it’s important to note that a skyrocket is uncertain. Market analysts predict that the doge price prediction will likely follow trends influenced by community involvement, social media buzz, and overall crypto market activity. As for the doge price forecast, some predict moderate growth, but reaching past peak price levels is challenging. With a bullish sentiment in the market, Dogecoin's doge price may grow, but for explosive growth, coins with more strategic potential ROI, like Dawgz AI, might be a better bet for investment decisions. Disclaimer: This is a sponsored article 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.
The crypto market is experiencing a significant downtrend, which is also putting pressure on the Coinbase (COIN) stock price. As Coinbase is one of the largest U.S.-based crypto exchanges, its performance is affected by the performance of digital assets. As these plummeted heavily, the COIN price declined. But how much further can it drop? Let’s discuss this. Crypto Market Plunge Drags Coinbase Stock Price Down Coinbase stock price is experiencing a sharp decline due to the broader crypto market crash. As the market cap of digital assets plummeted to $2.81 trillion from its earlier peak of $3.5 trillion, this exchange’s valuation was also affected. At the time of reporting, COIN stock trades at $215.64, having declined 10% over the last five days. Although the stock is recovering today (3.49% up), the fear of a further crash remains, as the stock’s overall movement shows further weakness. Broader Stock Market Turbulence Amplifies Pressure Interestingly, along with the decline in the Coinbase stock price, the rest of the stock market is experiencing turbulence . The technology sector, especially the one linked to the crypto market, shows signs of instability. More importantly, high interest rates and regulatory uncertainty add a burden. Blind, an analytics platform, pointed out the downtrend in Tesla, Coinbase, Salesforce, and other stocks. However, the worrisome part is that these stocks have lost trillions of dollars in valuation over the last two months, generating fearful sentiments about the stock market’s downtrend. As it has not been long since the recent Stock market crash, the downtrend in COIN stock price and others are concerning. How Low Can Coinbase Stock Price Go? The COIN stock price has historically shown high volatility, with its year’s high being $298.22 in the middle of February 2025. Considering this performance, some analysts anticipated the COIN stock would hit $500 , but the cryptos’ downtrend brought a different outcome. If the crypto market correction deepens, the stock’s value might face additional pressure. However, other than that, analysts reveal that it has recently broken out of a symmetrical triangle, which could result in a massive decline to as low as $177. According to Ali Martinez , COIN could test its $170-$180 range, with its moving out of the summetrical triangle pattern. Adding this to the broader market selloff could push the stock even lower, potentially revisiting its 2023 low. However, if the crypto market recovers and gains bullish momentum, the COIN stock price might regain momentum, finding stability above $250. Conclusion Coinbase’s stock fate remains intertwined with the crypto market. However, regulatory clarity, such as the US SEC dropping the Coinbase lawsuit, and other macroeconomic factors are helping with the recovery. If the recovery stays maintained and results in strong uptrends, the COIN stock price might hit $250. In contrast, it might crash to $177. The post Coinbase Stock (COIN) Price Stalls With Crypto Market Crash: How Low Can It Go? appeared first on CoinGape .
The cryptocurrency market showed disappointment in February due to declining altcoin values. Litecoin, Uniswap, and Optimism are gaining attention from major investors. Continue Reading: Big Investors Show Strong Interest in Promising Altcoins This March The post Big Investors Show Strong Interest in Promising Altcoins This March appeared first on COINTURK NEWS .
Tether’s USDT has achieved the fastest deployment of a stablecoin on any blockchain, reaching $1.4 billion issued on TON in just ten months. This is according to data by Artemis and Ournetwork. As the largest stablecoin with a $293 billion market cap, USDT is the third most valuable digital asset after bitcoin and ether, and