Despite the ongoing slump in the SOL price, top whales on the Solana network are turning their attention to Tron and emerging cryptocurrency Rollblock . Analysts foresee a significant upside for both, especially as the market braces for March 2025. Could Rollblock yield outsized gains amid widespread market uncertainty? Emerging cryptocurrency Rollblock gains attention While both Solana and Tron vie for whale allocations, an entirely different emerging cryptocurrency has entered the spotlight. Rollblock (RBLK) has garnered buzz due to its revenue-based tokenomics. Each week, the Rollblock casino platform dedicates up to 30% of its profits to buy back RBLK tokens, thereby reducing supply while rewarding holders. This real-world revenue model stands in stark contrast to purely speculative altcoins. Rollblock is still in presale, pricing tokens at $0.06 in stage 10. Already, the project has raised over $10 million. Intrigued whales foresee steady demand for RBLK if the platform’s user base grows. With many investors disillusioned by meme coin scams on Solana, a transparent buyback mechanism offers a more dependable approach to portfolio growth. For that reason, even some Tron advocates are diversifying into RBLK, viewing it as a hedge against broader market unpredictability. Solana price outlook: Uncertain times The SOL price dropped to around $135, well off its 2024 peak near $264. Analysts attribute the continued decline partly to an expected liquidation of $2.03 billion worth of SOL on March 1, 2025, linked to the FTX estate. This injection of tokens could inflate the circulating supply by about 2.4%, potentially pressuring the SOL price even more. Adding to Solana’s woes, a surge of meme coin scams has eroded investor sentiment. Some see $120–$140 as a crucial support range, with a final breakdown sending prices spiraling to lower levels. Technical analysts say a rebound above $185 might signal a reversal. Until then, the downtrend appears firmly in place, leaving whales looking for alternative plays. Why Tron attracts Solana whales As the SOL price falters, many whales pivot to Tron (TRX). Tron’s own chart reveals a descending channel, but key support near $0.22 could prompt a bounce. If TRX can defend this Fibonacci level and break channel resistance around $0.25–$0.27, an extended rally might follow. However, failing that scenario could spell a decline to $0.158. Beyond price action, Tron’s near-settlement with the SEC has stirred optimism. Founder Justin Sun has reportedly made progress resolving allegations of unregistered securities offerings and market manipulation, which could lift the regulatory cloud over TRX. If negotiations succeed, Tron may see renewed mainstream acceptance, enticing whales looking for stable midterm returns. Coupled with Solana’s uncertainty, TRX’s potential upside appears increasingly attractive. A strategy for February 2025 Solana whales searching beyond the SOL price see promise in Rollblock. Rollblock’s emerging cryptocurrency model presents a unique revenue-driven method that could sidestep typical bear-market pitfalls. As February 2025 approaches, the choice boils down to risk appetite. Solana could still recover if institutional interest in its technology remains strong. Tron might rally if the SEC settlement cements regulatory clarity. Yet, emerging cryptocurrency Rollblock offers a different value proposition altogether, one built on immediate profitability and token buybacks. Whales diversifying into RBLK appear to be wagering on more reliable returns in an otherwise unpredictable landscape—and many analysts think their bet may well pay off. Discover the exciting opportunities of the Rollblock (RBLK) presale today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino 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.
A closely followed economist thinks that Bitcoin ( BTC ) may be forming a market bottom after a deep correction that tapped the $78,000 level. Alex Krüger tells his 206,200 followers on the social media platform X that if Bitcoin’s bottom is in, the flagship crypto asset will soon march back to $92,000. He also says a bear trap would be confirmed if Bitcoin reclaims $92,000 as support. A “bear trap” is when a price goes low enough to convince bears to sell or go short before quickly reversing in the opposite direction of their positions. “BTC did lose its prior range by a wide margin. If that was indeed a bottom would expect it to trade up to $89,000-$92,000 and then fall back to the $80,000s again to fill a new range. Above $92,000 you have a bear trap. Good year for active traders still ahead.” The economist also says there were likely multiple factors contributing to Bitcoin’s severe correction, but he believes the flagship crypto asset remains in a bull market cycle. “Noticing some confusion behind the drivers of this crypto crash. There have been multiple variables at play. Best not to try to find a single culprit. On the crypto side: [MicroStrategy founder Michael] Saylor blowing his entire $2 billion load in one sitting at $97,500. SOL implosion driven by unlocks and the Libra fraud making market participants question the casino investment thesis, [leading to] contagion. BTC multi-month range breakdown. On the macro side: Tariffs much more aggressive than expected. Higher inflation expectations print. Growth scare, partly driven by Trump lowering public spending, tariffs, and a few economic data points (fear is inconsistent with inflation expectations). Ironically, the US economy is in very good shape. Growing, around full employment, with inflation trending lower. That said, the market may just have bottomed overnight. Even if not the case, I find it very hard to see this as the beginning of a prolonged bear market.” Bitcoin is trading for $85,312 at time of writing, up over 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. Featured Image: Shutterstock/CreativeCore/Design1689 The post Bitcoin Bottom In? Economist Alex Krüger Says Potential Bear Trap Awaits BTC – Here Are His Targets appeared first on The Daily Hodl .
Former Binance CEO Changpeng Zhao has announced plans to support the BNB Chain ecosystem by providing liquidity to weekly program winners while firmly addressing attempts to gain his attention through token donations. In an X post on Feb. 28, Zhao stated he will add “a few hundred BNB ( BNB ) in liquidity” to BNB Chain weekly winners until his allocated funds are depleted. He noted that program administrators will likely expand eligibility beyond meme tokens to include larger market cap projects and additional sectors. From this address 👇, I will add a few hundred BNB in liquidity to the BNBChain weekly winners until no funds are left. This helps the BNB ecosystem. https://t.co/RQGR2JFGlV They will likely adjust the rules to accommodate larger cap tokens and cover more sectors (not just… https://t.co/6m3nzsbBxl — CZ 🔶 BNB (@cz_binance) February 28, 2025 The initiative aligns with the BNB Chain Meme Liquidity Support Program launched on Feb. 18. This program highlights top meme coins by adding permanent BNB liquidity to winning projects’ pools from the BNB Chain Foundation’s wallet. Eligible tokens must be natively launched on BSC through approved platforms including Four.meme, Burve, Gra.Fun, PinkSale, Flap, TokenFi, Beeper, HoloworldAI, and PancakeSwap’s SpringBoard. Zhao: Tokens sent will be left or burned Zhao’s announcement came with a pointed warning to those attempting to send tokens to his address, hoping for a response. “If you send funds to this address with the expectation that I will send them back so that you have a linked transaction or interaction with me, then you are greedy,” he stated. You might also like: Bitcoin is ‘still a very risk-on asset,’ Bloomberg’s Nicolle says The former exchange head explained that returning such tokens would create unnecessary work and encourage more opportunistic sends. Instead, Zhao plans to either leave the tokens untouched or burn them. “I will not endorse any tokens,” he emphasized. Zhao also briefly considered converting received tokens to BNB, similar to Ethereum founder Vitalik Buterin’s approach with unsolicited token sends. However, he abandoned this idea after considering market impact concerns for existing holders and the additional effort required. “I typically choose the least amount of work,” Zhao noted. The statement shows Zhao’s approach during his limited participation in crypto markets while serving a four-month prison sentence for money laundering violations. He has maintained a surprisingly active social media presence during this period, regularly commenting on market conditions. Dips are a part of free markets. 🤷♂️ Not financial advice. If you are stressed about it, you probably should reduce your investment size. (That is, if you view crypto as an investment.) For me, it's a worldview shift. I exited the old world 11 years ago. https://t.co/5zzRAMB4YC — CZ 🔶 BNB (@cz_binance) February 28, 2025 In a recent post addressing market volatility, Zhao advised that investors feeling stressed should consider reducing their exposure. “Dips are a part of free markets. Not financial advice. If you are stressed about it, you probably should reduce your investment size,” Zhao wrote, touting crypto as a “worldview shift.” Zhao resigned as Binance CEO in November 2023. He is succeeded by Richard Teng. Read more: U.K. man sentenced to 4 years for illegal crypto ATM operation
Can rate of Bitcoin (BTC) bounce off from current prices?
According to recent data from Coinglass, a detailed analysis of Bitcoin’s historical performance reveals a balanced trend in the month of March. Since 2013, Bitcoin has exhibited either gains or
Bitcoin (BTC) has rebounded after plunging to a low of $78,457 late on Friday as buyers finally stepped in to prevent a further decline. The flagship cryptocurrency is up nearly 5% over the past 24 hours but remains below $85,000. BTC experienced a bounce after President Donald Trump announced a crypto summit on March 7, triggering an immediate bullish reaction in the market. BTC Bounces As White House Prepares For Crypto Summit Bitcoin (BTC) finally ended its losing streak as it rallied from a low of $78,457 to hit $86,570 before settling at its current level of $84,600. The rally can be attributed to the White House announcing plans to host a Crypto Summit on March 7, triggering an immediate bullish reaction from the market. Ethereum (ETH), Cardano (ADA), Ripple (XRP), and several other coins rallied following the news. According to reports, Trump will discuss the future of digital assets, leading to speculation the government may be readying to adopt crypto-friendly policies. “White House just announced its first-ever Crypto Summit on March 7 Trump, top CEOs, big money - they’re all in the room This ain’t just another meeting, this is THE SIGNAL - Regulatory clarity - Mass adoption - Or just insiders front-running again?” Trading volumes and market activity also registered a significant jump, signaling growing anticipation among institutional and retail investors. While investor sentiment is bullish in the short term, analysts believe several macroeconomic factors could challenge Bitcoin’s rally. A Macroeconomic Threat Despite BTC’s recovery, several external macroeconomic factors could limit further upside. President Trump reiterated plans to impose 25% tariffs on Mexican and Canadian imports and an additional 10% tariff on Chinese goods, escalating the prospect of a trade war. The developments strengthened the US dollar, making risk assets like BTC vulnerable to corrections. Meanwhile, the Personal Consumption Expenditures (PCE) inflation report registered a 0.3% increase in January, bringing the annual rate to 2.5%. Core PCE slowed to 2.6% from December’s 2.9%. While the data was along expected lines, it reinforced the likelihood of the Fed keeping interest rates unchanged. Standard Chartered Still Bullish About BTC Standard Chartered is still bullish about crypto, expecting it to hit $200,000 by the end of the year and $500,000 over the next few years, despite the recent selloff. Geoffrey Kendrick, head of digital asset research at Standard Chartered, said he expects BTC to hit $200,000 this year. Kendrick stated, “Within the crypto ecosystem, what we need are traditional financial players, like Standard Chartered, BlackRock, and others that have the ETFs now to really step in. As the industry becomes more institutionalized, it should be safer.” He added that increased institutional crypto adoption and greater regulatory clarity in the US would reduce volatility over time. “That should add to that medium-term, top-side potential, which for me is bitcoin up to $200,000 this year and $500,000 before Trump leaves office.” BTC sank to levels not seen since November 2024 as a bearish week took its toll on the flagship asset. BTC and other cryptocurrencies declined due to uncertainty around tariffs and other macroeconomic and geopolitical factors. “Risk assets don’t like uncertainty and so that’s what we’ve seen. We’ve seen tech stocks in the U.S. coming lower. That should further legitimize, so you’ll see more U.S. banks involved. You’ll see larger institutions in the U.S. continue to push through.” Bitcoin (BTC) Price Analysis Bitcoin (BTC) slumped to a low of $78,457 on February 28. However, buyers finally stepped in at lower levels, allowing the price to climb above $80,000 and move to its current level. According to CryptoQuant founder and CEO Ki Young Ju, selling after a 30% correction could be a mistake as BTC rose to a new all-time high after dropping 53% in 2021. Some whales have already begun accumulating, with one buying 4,000 BTC worth $344 million when the price was between $82,000 and $85,000. The whale, known as Spoofy, has a reputation for building its position extremely slowly and may buy more if the market drops further. The decline has not changed Standard Chartered’s long-term view of the asset, with the financial giant expecting BTC to hit $200,000 by the end of the year. BTC has traded in the red since the weekend, falling into the red after a move past the 20-day SMA on Thursday. Bears defended this level as markets turned red on Friday following the Bybit hack. As a result, BTC fell over 2% to slip below the 20-day SMA and settle at $96,184. BTC registered a marginal increase on Saturday but fell back in the red on Sunday to settle at $96,084 after a marginal decline. Bearish sentiment intensified on Monday as BTC plunged nearly 5% to go below $95,000 and settle at $91,622. Source: TradingView BTC fell below $90,000 on Tuesday, dropping to an intraday low of $85,985. The price recovered from this level but could not reclaim $90,000 and ultimately settled at $88,654. Bearish sentiment intensified on Wednesday as BTC dropped over 5%, slipping below $85,000 and settling at $84,129. Despite the overwhelming bearish sentiment, BTC registered a recovery on Thursday, rising to an intraday high of $87,045 before settling at $84,657, ultimately registering a marginal increase. Bearish sentiment intensified as BTC plunged below $80,000, falling to an intraday low of $78,179. However, it recovered from this level to reclaim $80,000, move back above the 200-day SMA, and settle at $84,578. The current session sees BTC marginally up as it looks to reclaim $85,000. Buyers must reclaim $85,000 and push towards $90,000 to prevent a downtrend. If they reclaim these levels it could suggest a short-term bottom is in place. On the other hand, if BTC falls back into the red, it could drop below $75,000. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
As Bitcoin’s price trends downward, future movements hinge on critical support and resistance levels that could dictate its trajectory. Market analysts emphasize the significance of the $64,078 support level, where
United States President Donald Trump will host the first-ever crypto summit at the White House on March 7. The event has gained significance as it could influence US regulatory policies and investor sentiment in the crypto market. White House AI and Crypto Czar David Sacks will chair the summit. Bo Hines, Working Group’s Executive Director will administer it. White House Readies For Crypto Summit The White House crypto summit will be held on March 7 and marks a significant milestone in the recognition of cryptocurrencies by the US government. The summit will be led by venture capitalist and White House Crypto Czar David Sacks and administered by Working Group Executive Director Bo Hines. President Trump created the Executive Group shortly after taking office and tasked it with advising the White House on digital asset policy and evaluating the creation of a strategic Bitcoin reserve. The White House released a statement confirming the summit, stating, “President Trump will host and deliver remarks at the first-ever White House Crypto Summit on Friday, March 7. Attendees will include prominent founders, CEOs, and investors from the crypto industry, as well as members of the President’s Working Group on Digital Assets. The summit will be chaired by the White House AI and Crypto Czar David Sacks and administered by the Working Group’s Executive Director, Bo Hines.” President Trump is expected to deliver remarks at the gathering, which comes at a time when investor confidence and market sentiment is lagging. The White House added it was committed to providing a clear regulatory framework for crypto, stating, “The administration is committed to providing a clear regulatory framework, enabling innovation, and protecting economic liberty.” Trump’s Position On Crypto Donald Trump derided crypto before the 2024 elections, calling it a scam. However, he changed his position during the 2024 campaign, promising to streamline regulations, choose crypto-friendly officials to key positions, create a stablecoin framework, and establish a strategic Bitcoin reserve. As a result, the crypto industry donated millions towards his campaign. However, Trump has yet to fulfill the promises made on the campaign trail, with the industry disappointed by the lack of urgency. The markets have also gotten over the initial euphoria of Trump’s election victory and are struggling after falling back to pre-election levels. However, the Trump administration’s policies are a clear departure from the Biden administration’s regulatory approach after the collapse of FTX and other scandals. Trump has also gotten into the crypto business himself by launching a meme coin just days before taking office for a second time. He is also involved with a crypto project called World Liberty Financial. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
XRP Price has once again found itself in the spotlight, as Ripple faces a fresh wave of selling pressure that has many investors on edge. Despite some positive news, like DekaBank teaming up with Ripple Custody and the SEC reviewing new ETF filings, uncertainty still hangs over the token’s long-term trajectory. While these developments could eventually bolster the XRP Price if approved, there’s no denying that Ripple remains locked in ongoing legal and regulatory challenges. Against this backdrop, a viral utility coin known as DTX is catching attention for offering another potential shot at 10x gains. Priced at just $0.18 with a confirmed $0.36 listing, DTX might deliver a more immediate opportunity than waiting out Ripple’s next market move. Final Presale Stage: 4x Gains on Launch While Ripple continues to navigate regulatory waters, DTX offers a more straightforward path to potential returns. The token is set to list at $0.36, exactly double its current $0.18 presale price. However, early buyers can apply a special code to receive a 100% bonus allocation, effectively doubling their token stack. That means instead of a 2x jump on launch day, they could be looking at a quick 4x boost, should the listing go as planned. Given XRP Price headwinds, it’s no surprise that many risk-tolerant investors are pivoting toward DTX as a high-upside alternative. Can DTX Rival XRP Price Performance? Ripple has been making strides in decentralized finance, with XRPL’s DeFi pools surpassing 13 million XRP, but some wonder whether these milestones will be enough to sustain long-term bullish momentum. XRP Price touched $2.2 in the last 24 hours, yet trading volume dipped by 4.19% to $9.77 billion, suggesting caution among market participants. In contrast, DTX Exchange’s momentum keeps building, thanks to real-world use cases like zero-commission trading of cryptos, stocks, and forex. Plus, DTX has been audited by SolidProof, adding an extra layer of trust for anyone eyeing a safer option. If Ripple’s regulatory issues drag on, DTX might scoop up investors who don’t feel like waiting around for the next legal plot twist. XRP Price Turbulence Sparks Shift Toward DTX Some observers believe XRP Price volatility will persist until Ripple achieves full regulatory clarity. Although institutional interest has reportedly surged, particularly with the SEC acknowledging Grayscale’s XRP Trust ETF filing, this could take time to materialize in the markets. Source: CryptoMarketCap Daily Chart: XRP Price In contrast, DTX Exchange has already raised $15.2 million and continues to draw in traders seeking faster gains. Built on the VulcanX Layer 1 blockchain, DTX can process up to 200,000 transactions per second, a speed that sets it apart from many established projects. As Ripple navigates courtrooms and ETF proposals, DTX is quietly forging ahead in its final presale stage, where investors can still lock in tokens at $0.18 before the listing at $0.36. Ripple Custody Deals vs. DTX’s Bold Roadmap A recent partnership between DekaBank and Ripple Custody highlights the network’s ambition to provide compliant crypto services. While this underscores Ripple’s desire to cater to traditional finance, its progress is often overshadowed by the ongoing SEC saga that keeps XRP Price under watchful eyes. DTX Exchange, on the other hand, is rolling out a multi-asset platform featuring fractional trading, copy trading, and up to 1000x leverage, targeting both novice and seasoned traders. Audited by SolidProof to ensure security, DTX has cultivated a community of over 700,000 members and 275,000 Phoenix Wallet downloads. With these foundations in place, some speculate DTX could outpace tokens hampered by protracted legal standoffs. Conclusion XRP Price remains in flux as Ripple fights legal battles and seeks to broaden its custody and institutional services. While these efforts could pay off in the long run, some investors crave a more immediate opportunity, one that DTX Exchange appears ready to provide. With its final presale phase offering a code for a 100% token bonus, DTX holders stand to gain up to 4x on launch day, far outpacing the current 2x jump from $0.18 to $0.36. As Ripple tries to turn the tide of immense selling pressure, this viral utility coin might be the next big thing for traders hungry for quicker, more substantial gains. Whether you’re bullish on XRP Price or seeking a fresh start elsewhere, DTX could be the breakout star of the season. To get more information about DTX Exchange, visit the links below Visit Website Buy Presale Join Community 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.
XRP, the fourth largest cryptocurrency by market capitalization, has rebounded above the $2 mark following a significant sell-off in risk assets. Amid rising macroeconomic concerns, the broader crypto market experienced a risk-off sentiment this week, with Bitcoin dropping 8% to $78,167 and XRP falling to a low of $1.95 on Friday. However, XRP managed to … Continue reading "XRP Rebounds Above $2, Eyes $2.71 Resistance Amid Market Sell-Off" The post XRP Rebounds Above $2, Eyes $2.71 Resistance Amid Market Sell-Off appeared first on Cryptoknowmics-Crypto News and Media Platform .