Staudinger suggests XRP can unlock $1.5 trillion for U.S. banks. Continue Reading: Unlock $1.5 Trillion Potential: Is XRP the Key for U.S. Banks? The post Unlock $1.5 Trillion Potential: Is XRP the Key for U.S. Banks? appeared first on COINTURK NEWS .
The major disconnect between crypto traders’ growing short-term market uncertainty and crypto builders becoming more bullish than ever creates a prime setup for long-term investors, according to a crypto hedge fund founder. “This is one of the starkest divergences I’ve seen in sentiment and fundamentals,” BlockTower Capital founder Ari Paul said in a March 14 X post. Optimism grows among those beyond crypto natives Paul said that while traders and analysts have turned bearish on crypto recently, crypto developers — and more broadly, those working for crypto companies less focused on the market cycle itself — remain much more bullish. “All the data points I’m hearing from basically any crypto-related project or company that doesn’t rely on “natives” near-term is positive,” Paul said. Source: Nic Puckrin Based on this, he’s confident that crypto is a “good buy” over the “12 month timeframe” but isn’t sure if it has reached a short-term bottom yet. Crypto analyst Matthew Hyland recently said the only way for Bitcoin to confirm that the bottom is actually in would be to close a week back above $89,000. However, on March 14, the broader crypto market rose slightly, giving traders a bit more short-term confidence. Bitcoin ( BTC ) spiked 3.16% to $84,638 over the 24 hour period, while Ether ( ETH ) rose 1.79% and XRP ( XRP ) jumped 6.01%, according to CoinMarketCap. Over the same 24 hours, the Crypto Fear and Greed Index , which measures overall crypto market sentiment, surged 19 points to 46, which is still in the “Fear” zone but nearing neutral territory. Source: Dan McArdle MN Trading Capital founder Michael van de Poppe said Bitcoin’s price spike over the past 24 hours has strengthened his confidence in the asset resuming its uptrend by June. Crypto market presenting opportunity for “sustainable value” investments “Clearly made a higher low, clearly touching the highs,” van de Poppe said in a March 14 X post. Related: Bitcoin bull market in peril as US recession and tariff worries loom “It’s very likely that we’re starting a new uptrend on the lower timeframes going into a good Q2,” he added. Paul also said it may be the right time to explore traditional venture capital crypto investments with a longer-term outlook. “A good time to be looking for “traditional” style VC crypto investments. By “traditional” I mean longer term, genuinely focusing on sustainable value creation, no quick monetization scheme,” Paul said. Magazine: Vitalik on AI apocalypse, LA Times both-sides KKK, LLM grooming: AI Eye
Solana (SOL) is facing significant selling pressure and struggling to hold key support levels as the entire crypto market remains under stress. Bulls have lost control, with SOL plunging over 37% since the start of March, reflecting the broader market’s risk-off sentiment. Related Reading: Dogecoin Network Activity Surges 47% In A Month – What’s Next for DOGE? The downturn isn’t limited to crypto—trade war fears and macroeconomic uncertainty have pushed the crypto and U.S. stock markets to their lowest levels since late 2024. With investor confidence deteriorating, SOL remains in a vulnerable position, failing to reclaim critical price levels. Despite the recent weakness, some analysts see potential for a turnaround. Top analyst Ali Martinez shared insights on X, highlighting that Solana is forming a textbook cup-and-handle pattern, a bullish technical formation that could lead to a breakout. If this pattern plays out, SOL could reclaim higher price levels, reversing some of its recent losses. For now, Solana must overcome key resistance levels before confirming a bullish trend. If market conditions improve, SOL could see renewed momentum, but failure to hold current support could result in further downside. The next few weeks will be critical in determining Solana’s short-term direction. Solana Bullish Setup Hints at a Potential Breakout Solana is currently trading below the $130 mark, struggling to establish a foundation for a recovery phase. The broader market downturn continues to weigh heavily on SOL, with volatility and speculation driving short-term price action. With bears still in control, Solana’s direction remains uncertain, and short-term sentiment remains bearish. Despite the recent decline, many investors remain hopeful that SOL is poised for a significant recovery once the broader market starts trending upward. Optimism comes from historical patterns, where Solana has shown strong comebacks following extended periods of selling pressure. Related Reading: Ethereum Net Taker Volume Signals Huge Selling Pressure – Can Bulls Hold Key Levels? Martinez’s long-term technical analysis on X highlights that Solana is forming a textbook cup-and-handle pattern, a bullish formation that often precedes major breakouts. SOL could potentially surge to $3,800 if price action confirms this pattern, marking an astonishing 2,900% gain from current levels. The next few days will be crucial as Solana and the broader crypto market attempt to establish local lows and build momentum for a potential rebound. If market sentiment shifts and key resistance levels are reclaimed, SOL could be one of the top performers in the next primary bullish phase. Price Struggles Around $125 Solana is currently trading around $125, facing resistance at the $130 level after multiple failed attempts to reclaim it. With bears still in control, SOL remains under selling pressure, and bulls must act quickly to avoid further declines. For a recovery to take shape, SOL needs to break above the $130 mark and push toward $150. If bulls manage to reclaim this key level, it will signal renewed buying strength, potentially setting the stage for a larger recovery rally. A move past $150 could shift market sentiment and open the door for higher price targets. However, if SOL fails to hold the current demand, a further downside is likely. A drop below $125 could send the price toward lower support levels between $100 and $105, a zone where buyers may step in to stabilize the price. Related Reading: New ONDO Addresses Surge 390% In 24 Hours – A Sign Of Growing Interest In Ondo Finance The next few trading sessions will be crucial in determining whether SOL can regain momentum or if further selling pressure will drive it lower. Investors are closely watching key resistance and support levels, as short-term direction remains uncertain amid broader market weakness. Featured image from Dall-E, chart from TradingView
DOGE’s price action revealed a potential breakout, thanks to strong buying pressure and a hike in network activity.
Tesla has already lost half its value since December, but Wells Fargo says it could fall another 40%. Colin Langan, an analyst at the bank, lowered his 12-month price target from $135 to $130 on Friday and maintained an underweight rating. His new forecast means the company could drop 46% from where it is now. The Wall Street average price target for Tesla is $372, but Langan’s outlook tells a different story. “We’ve been bearish on Tesla’s sales and margins since last year, and the concerns were largely correct,” Langan said . He pointed to a 40% drop in European sales this year, which triggered the latest stock decline. That’s not the only problem. Protests and vandalism have hit the company’s facilities, and with no sales growth in sight, Langan believes the stock’s downward momentum will continue. Tesla’s European sales collapse adds to the crisis Tesla is on track for its eighth straight weekly loss, the longest losing streak since it went public in 2010. In Europe, the company’s January sales fell 45%. The problem is bigger than just weak demand. The company is dealing with political backlash after Elon Musk backed Germany’s far-right AfD party in recent elections. The response has been brutal. Customers are abandoning the brand, and the company’s facilities in Europe have been vandalized. Langan says many investors saw weaker profits coming, but they didn’t want to bet against the stock. Now, they don’t have a choice. “Despite the 40% drop this year, we still see another 40% downside,” he said. “If fundamentals matter, the momentum likely turns negative as consensus estimates fall.” It isn’t the only company losing support. UBS and Redburn Atlantic have also reiterated sell ratings, adding to the pressure. Tesla and SpaceX fight U.S. trade policies Tesla isn’t just battling falling demand. The company is also getting hit by tariffs. On Friday, Tesla and SpaceX sent letters to U.S. Trade Representative Jamieson Greer, raising concerns about Trump’s tariff policies. Tesla’s letter, submitted by Miriam Eqab, associate general counsel, said U.S. tariffs on Chinese goods are driving up the cost of Tesla’s U.S.-made vehicles. “U.S. exporters are disproportionately impacted when other countries retaliate against U.S. trade actions,” the letter said . The company warned that these tariffs are making its vehicles less competitive, both at home and overseas. SpaceX had a different problem. The company’s Starlink satellite service is facing foreign trade barriers that increase its costs. “The import duties in some countries significantly increase Starlink’s operating costs, while the U.S. has no such tariffs on competing products,” said Mat Dunn, senior director of global business and government affairs at SpaceX. The letters were part of a public comment process, with over 700 companies responding to Trump’s trade policies. But the message was clear: tariffs are making its cars more expensive, damaging sales, and cutting into profitability. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
COINOTAG News reported on March 15th, with insights from on-chain analyst Murphy revealing critical metrics on Ethereum (ETH) holdings. The analysis shows that ETH accumulated between January and February 2025
The post Crypto News: Goldman Sachs Acknowledges Crypto in Annual Letter for First Time appeared first on Coinpedia Fintech News Goldman Sachs, the world’s second-largest investment bank, has acknowledged the growing influence of cryptocurrencies in its annual shareholder letter for the first time. This marks a significant shift in Wall Street’s attitude toward digital assets, especially as many major banks are slowly adapting to the crypto market. In the 2024 letter, Goldman Sachs opened up about the increasing competition brought by new technologies, including cryptocurrencies and AI, which have reshaped financial markets. The bank also noted that its competitors might offer crypto products that Goldman Sachs currently does not provide, further emphasizing the growing demand for such services. The company said, “We also compete on the basis of the types of financial products and client experiences that we and our competitors offer. In some circumstances, our competitors may offer financial products that we do not offer and that our clients may prefer, including cryptocurrencies and other digital assets that we cannot or may choose not to provide.” “The growth of electronic trading and the introduction of new products and technologies, including trading and distributed ledger technologies, such as cryptocurrencies, and AI technologies, has increased competition,” the company added. Goldman’s decision to mention cryptocurrencies contrasts with its previous stance. Up until 2017, terms like “cryptocurrency” and “blockchain” were absent from the firm’s annual shareholder letters. However, the success of Bitcoin and the broader embrace of crypto by various sectors, including the Trump administration, have forced a shift in perspective. Goldman Sachs has already taken steps to enter the crypto space. In 2021, it launched a crypto desk, followed by a digital asset platform in 2022. The bank has also tested blockchain-based systems such as the Canton Network. Experts believe that Goldman Sachs’ acknowledgment of crypto indicates broader industry trends. The bank, along with others, is preparing for the future of tokenized financial products and blockchain integration.
The post David Sacks Sells $200M in Crypto Before Taking Office Amid Conflict-of-Interest appeared first on Coinpedia Fintech News David Sacks, the newly appointed AI and cryptocurrency affairs chief, has sold over $200 million in digital asset-related investments before taking office. Sacks Sells $85 Million In Personal Crypto Holdings A White House memo revealed that Sacks sold his cryptocurrency holdings through personal accounts and his company, Craft Ventures. This included at least $85 million of his own investments, while Craft Ventures still holds some crypto-related funds. Notably, the disclosure, dated March 5, is 11 pages long, much longer than the two-page one from Robert F. Kennedy Jr., the new Health and Human Services secretary. Sacks’ sales of his assets are very different from others in the administration and come after Trump’s first term, where conflicts of interest were often ignored. Sacks Responds To Criticisms Sacks responded to criticism from officials like Senator Elizabeth Warren, who raised concerns about his financial ties to cryptocurrencies. Ahead of the White House Crypto Summit, Senator Warren sent a letter to Sacks, raising concerns about potential conflicts of interest and urging him to disclose his holdings in bitcoin, ether, solana, and other assets linked to Trump’s strategic reserve proposal. Sacks and his venture firm sold all their cryptocurrency, including bitcoin, ether, solana, and shares in Coinbase and Robinhood. He also started selling his stake in crypto investment funds like Multicoin Capital and Blockchain Capital. He still has a small amount of digital assets left, less than 0.1% of his total investments, and plans to sell them soon. President Trump holds a major stake in Trump Media & Technology Group, which owns Truth Social, and has launched several crypto projects that could be affected by government policies. Elon Musk, CEO of Tesla, SpaceX, and other companies, is also one of Trump’s top advisers and could influence regulations to benefit his businesses. Cabinet Members Hold Major Stakes Just days before his inauguration, Trump launched a meme token called TRUMP through his company CIC Digital LLC, which controls 80% of the coin. The Trump family also gets 75% of the profits from a crypto bank called World Liberty Financial, launched last year. Besides, Musk, heading DOGE, relies on government contracts like SpaceX’s $1.8 billion deal for spy satellites. Also, reports also show that several cabinet members, including Commerce Secretary Howard Lutnick, have significant investments in cryptocurrencies. Lutnick, who recently left Cantor Fitzgerald, reportedly made hundreds of millions through ties to Tether.
The crypto market today (March 15) showcased notable rising trajectories, igniting investor optimism globally. Bitcoin (BTC) price regained a break above $84K intraday, while Ethereum (ETH), Solana (SOL), and XRP prices also pumped considerably. Simultaneously, meme coins witnessed remarkable intraday gains, in sync with today’s broader market trend. Besides, Kaspa (KAS) emerged as the day’s top gainer, leading the market’s price gains. Crypto Market Today: BTC, ETH, XRP, SOL Prices Pump Sparking Optimism The global crypto market cap gained nearly 3% in the past 24 hours, reaching $2.75 trillion. Further, liquidations across the sector was down 23% from yesterday, at $160.75 million ( Coinglass data ). As a result, crypto prices have prevented a downturn, embarking on a rising action as of early Asian hours on Saturday. BTC Price Taps $85K Sparking Crypto Market Recovery Hope As of press time, BTC price witnessed gains worth 3% intraday and exchanged hands at $84,433. The flagship coin’s bottom and peak over the day were recorded as $81,771.76 and $85,263.29, respectively. Bitcoin’s market dominance was up by 0.11% over the past day, reaching 60.88%. Overall, the flagship coin appears to be outperforming altcoins this Saturday, recovering after dealing with massive macro heat. ETH Price Jumps 2% ETH price gained nearly 2% in the past 24 hours and exchanged hands at $1,919. The coin bottomed and peaked at $1,883.69 and $1,945.09 intraday. Ethereum’s market dominance rested at 8.4% this Saturday, signaling an undermining performance in the alts sector. The second-largest crypto’s trading volume was also down by 35% to $11.58 billion today. XRP Price Soars XRP price witnessed a 6% uptick in the past 24 hours and exchanged hands at $2.43. The coin’s intraday low and peak were $2.28 and $2.44, respectively. Ripple’s native coin enjoys a bullish action amid soaring odds of an XRP ETF approval shortly ahead. On the other hand, CoinGape reported that Ripple minted 6.5 million RLUSD, adding a layer of intrigue to the coin’s price movements. SOL Price Shoots Up 8% SOL price witnessed a remarkable 8% increase intraday and closed in at $135. The coin hit a low and a high of $124.48 and $135.64 in the past 24 hours. Solana’s trading volume was also up by 15% to $3.17 billion. The coin sees price gains in sync with the broader trend. Meme Crypto Market Today Simultaneously, meme coins also witnessed considerable gains this Saturday, further solidifying investor optimism. Dogecoin (DOGE) price gained nearly 2% intraday and exchanged hands at $0.1729. Shiba Inu (SHIB) price soared over 3% intraday to reach $0.00001276. Even Pepe Coin (PEPE) price gushed over 3%, resting at $0.000007133. Top Crypto Market Gainers Today Kaspa (KAS) Price: $0.08113 24-Hour Gains: +14% Hyperliquid (HYPE) Price: $14.23 24-Hour Gains: +11% OKB (OKB) Price: $46.25 24-Hour Gains: +10% Top Crypto Market Losers Today Pi (PI) Price: $1.47 24-Hour Loss: -10% Celestia (TIA) Price: $3.51 24-Hour Loss: -3% TRON (TRX) Price: $0.2229 24-Hour Loss: -1% Overall, traders and investors currently reflect an optimistic sentiment amid prices recovering from previous slumps. On the other hand, VanEck filed for an Avalanche ETF recently, adding to recent pro-crypto advancements across the globe. The post Crypto Market Today (Mar 15): BTC Regains $84K; ETH, XRP, SOL Pump appeared first on CoinGape .
Ripple (XRP) has long been a titan in the crypto world, celebrated for its cross-border