Cryptocurrency trading firm Cumberland DRW recently announced a pivotal development regarding its legal standing with the U.S. Securities and Exchange Commission (SEC). On March 5th, the firm revealed it has
The White House will host a highly anticipated crypto summit on Friday, but the event will be more exclusive than previously expected, according to crypto journalist Eleanor Terrett. Terrett explained in a statement that as of this morning, official invitations for the White House Crypto Summit have not yet been sent out. However, sources close to the process indicate that the guest list will be smaller than initially expected, with only around 20-25 attendees. The event will take place in a roundtable format at the White House and will include prominent figures from both the crypto industry and the Presidential Working Group (PWG) on Digital Assets. Confirmed industry participants include Michael Saylor, the executive chairman of MicroStrategy and a prominent Bitcoin advocate. Other notables expected to attend include Bo Hines and US crypto chief David Sacks. While the full list of participants remains unclear, Terrett noted that the PWG is comprised of high-level government officials, including Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, Attorney General Pam Bondi, as well as the heads of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Related News: Bitcoin Price Decline Dominates, Ethereum Saw Below $ 2,000 - What Causes the Decline? Here is the Latest Situation Following the roundtable discussions at the White House, a larger, invite-only reception is being held in another room to accommodate those not involved in the main event. This separate meeting is expected to bring together additional stakeholders from the cryptocurrency industry and policy circles. Plans for the summit are still being finalized, and last-minute changes remain a possibility. *This is not investment advice. Continue Reading: Inside Information Leaks About Friday’s Big White House Cryptocurrency Summit – Here are the Latest Information
Bitcoin's price fluctuates as market uncertainty grows. Experts predict potential recovery despite recent downturns. Continue Reading: Bitcoin Price Dips as Experts Share Insights on Market Trends The post Bitcoin Price Dips as Experts Share Insights on Market Trends appeared first on COINTURK NEWS .
Ripple CEO Brad Garlinghouse and Strategy executive chair Michael Saylor said they had received invitations to the March 7 event.
Key Takeaways: Our Tron price predictions anticipate a high of $0.438 by the end of 2025. In 2028, TRX will range between $1.02 and $1.17, with an average price of $1.10. In 2031, TRX will range between $1.76 and $1.90, with an average price of $1.83. TRX is the native token of the Tron network used to govern and settle transaction fees. In retrospect, Tron (TRX) has performed better than most mega-altcoins. Over the long term, TRX is set to trend higher. Is TRX a good investment? Will it go up? Where will it be in three years? Let’s get into the TRX price prediction to answer these questions and more. Overview Cryptocurrency Tron Ticker TRX Current price $0.2360 Market cap $20.17B Trading volume $1.07B Circulating supply 86.05B TRX All-time low $0.001091 on Sep 15, 2017 All-time high $0.4313 on Dec 04, 2024 24-hour low $0.2432 24-hour high $0.2272 Tron price prediction: Technical analysis Metric Value Volatility (30-day variation) 2.87% 50-day SMA $0.237705 200-day SMA $ 0.198763 Sentiment Bearish Fear and greed index 15 (Extreme Fear) Green days 16/30 (53%) Tron price analysis TL;DR Breakdown Tron price analysis confirmed an uptrend at $0.2360. Cryptocurrency has gained 2.12% in value. TRX coin prices seek support level at $0.2261. On March 4, 2025, Tron price analysis revealed a bullish trend for the cryptocurrency. It rose by 2.12% in value during the day. The Bears secured victory yesterday, while the Bulls led today. TRX/USD 1-day chart analysis The one-day price chart of the Tron coin confirmed an upward trend for the currency. TRX/USD rose to $0.2360 in the past 24 hours. The green candlestick on the price chart show rising bullish momentum. TRX/USD price chart. Image source: TradingView The distance between the Bollinger Bands defines the volatility. This distance is constant. The upper limit of the Bollinger Bands indicator, acting as the resistance, has shifted to $0.2486. Conversely, its lower limit, serving as the support, is at $0.2261. The Relative Strength Index (RSI) indicator hovers in the neutral region. Its value has improved up to index 49.01 through the day. The upward curve on the RSI graph refers to a balanced trading setup. If the buying activities continue to soar, the RSI value can cross the threshold of 50. TRX/USD 4-hour chart analysis: TRX descends to $0.2360 amidst upside The four-hour price analysis of the Tron coin depicts a downward market trend. The cryptocurrency’s value dropped to $0.2360 in the past few hours. Despite the bullish recovery in the early hours, bearish strength is rising. TRX/USD price chart. Image source: TradingView The Bollinger bands are widening, leading to a subtle increase in volatility levels. This increase in volatility refers to a higher market unpredictability. Moreover, the upper Bollinger band has shifted to $0.2459, indicating the resistance point. The lower Bollinger band has moved to $0.2272, securing the support. The RSI indicator is in the neutral region at 50.86. TRX technical indicators: Levels and actions Daily simple moving average (SMA) Period Value ($) Action SMA 3 0.244658 SELL SMA 5 0.239948 SELL SMA 10 0.24241 SELL SMA 21 0.239863 SELL SMA 50 0.237705 SELL SMA 100 0.247649 SELL SMA 200 0.198763 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 0.236979 SELL EMA 5 0.237879 SELL EMA 10 0.241142 SELL EMA 21 0.247152 SELL EMA 50 0.245145 SELL EMA 100 0.224965 BUY EMA 200 0.194508 BUY What can we expect from Tron price analysis next? Tron price analysis gives a relatively bullish prediction. Its value rose to $0.2360 in the last 24-hours. Overall, it rose by 2.12%. Technical indicators give out a neutral verdict. Is TRX a good investment? TRX is a coin with utility that continues to trade higher, indicating growing adoption among crypto investors. Despite this, the coin remains a victim of uncertainties and volatility. Our Cryptopolitan price prediction explores the expected movements from 2025 to 2031. Why is Tron up? Tron is bullish during the day. Moreover, the coin has increased to $0.2360 amidst rising buying activity, which resulted in a noticeable gain. TRX gained significant value amidst a growing bullish trend during the day. Will Tron reach $0.5? Yes, Tron should rise above $0.5 in 2026. During that period, its price will range between $0.536 and $0.682. Will Tron reach $1? Yes, Tron should rise above $1 in 2028. During that period, its price will range between $1.02 and $1.17. Can TRX reach $10? Per expert analysis, Tron may not reach $10 before 2031. What will be the price of 1 TRX in 2025? The average Tron price for 2025 is expected to be $0.365. What will be the price of TRON in 2030? The highest price of Tron in 2030 is expected to be around $1.66. What will TRX be worth in 5 years? The minimum expected price of Tron after 5 years will be $1.76. Does Tron have a good long-term future? According to the Tron price predictions, Tron is set to trade higher in the coming years. However, factors like market crashes or difficult regulations could invalidate this bullish theory. Recent news/opinion on Tron Tron DAO said in a post that it is processing over 14 million USDT transactions per week, which represents 69% of all USDT activity. This is also a 61% increase from late January transactions. The @trondao network currently processes over 14 million $USDT transactions per week, representing 69% of all USDT activity. This is a notable increase from 61% in late January. pic.twitter.com/N4bN9fQZ7o — IntoTheBlock (@intotheblock) February 27, 2025 Tron founder Justin Sun said most of the yield of USDD comes from TronDao subsidies. USDD is a stablecoin pegged to the US dollar. Sun also insists that USDD is the only choice for a decentralized stablecoin in the industry. Two things you need to know when using USDD: 1. USDD is a decentralized stablecoin—no one but you has any authority to freeze or rug pull your funds. 2.Where does USDD’s yield come from? Most of the returns currently come from @trondao subsidies. Tron automatically converts USDT… https://t.co/4ZIMsWtOMC — H.E. Justin Sun 🍌 (@justinsuntron) February 3, 2025 Tron price prediction March 2025 A break of resistance will result in a mini bull run, with the next target at $0.262. This month, TRX will trade at an average of $0.238 and drop to $0.219 at its lowest. Month Potential low ($) Potential average ($) Potential high ($) March 0.219 0.238 0.262 Tron price prediction 2025 The technical indicators are bullish on TRX in the second half of 2025. It is anticipated to trade between $0.292 and $0.438, with an average price of $0.365. Year Potential low ($) Potential average ($) Potential high ($) 2025 0.292 0.365 0.438 Tron price prediction 2026-2031 Year Potential low ($) Potential average ($) Potential high ($) 2026 $0.536 $0.609 $0.682 2027 $0.780 $0.853 $0.926 2028 $1.02 $1.10 $1.17 2029 $1.27 $1.34 $1.41 2030 $1.51 $1.58 $1.66 2031 $1.76 $1.83 $1.90 Tron price prediction 2026 TRON will experience more bullish momentum in 2026. According to the predictions, it will range between $0.536 and $0.682, with an average price of $0.609. Tron price prediction 2027 The TRX prediction climbs even higher in 2027; according to the prediction, it will range between $0.780 and $0.926, with an average price of $0.853. Tron price prediction 2028 The analysis suggests a further acceleration in TRX’s growth by 2028. According to the Tron price prediction, the price of Tron will range between a minimum price of $1.02 and a maximum price of $1.17. The average price for the year will be $1.10. Tron price prediction 2029 According to the Tron forecast for 2029, TRX price will reach a maximum and minimum of $1.41 and $1.27, respectively, with a year-round average of $1.34. Tron price prediction 2030 The Tron TRX price prediction for 2030 indicates a price range of $1.51 and $1.66 and an average price of $1.58. Tron price prediction 2031 The Tron price forecast for 2031 sets the high at $1.90. The lowest price for the year will be $1.76, and the average price will be $1.83. TRX price prediction 2025 – 2031 Tron market price prediction: Analysts’ TRX price forecast Platform 2025 2026 Digitalcoinprice $0.53 $0.63 CoinCodex $0.363 $0.277 Cryptopolitan’s Tron price prediction At current levels, Tron remains bullish. According to our predictions, TRX will achieve a high of $0.429 in the second half of 2025. In 2026, it will range between $0.527 and $0.676, with an average of $0.599. Note the predictions are not investment advice. Seek independent professional consultation or do your research. Tron historic price sentiment TRON price history Tron, founded by Justin Sun in 2017, raised $70 million through an ICO the same year; it launched its mainnet in May 2018 and migrated TRX from Ethereum to Tron in June, which temporarily boosted TRX’s price to $0.09. TRX reached an all-time high of $0.3004 in January 2018 before dropping below $0.05 a month later; it consistently traded under $0.05 until late 2020, when it began to rise again. In 2021, it reached a high of $0.16. Tron was also reorganized as a DAO as Justin stepped down as CEO of Tron Foundation. TRX was in a bear trend for the best part of 2022. In 2023, TRX maintained a consistent bull run, rising from a low of $0.05. In March 2023, the SEC sued Justin for allegedly selling unregistered securities and promoting Tron and Bittorent tokens. In February 2024, Circle’s announcement to cease USDC on Tron led TRX to correct from $0.1429. TRX held above $0.1234 until mid-May, then dropped to $0.1113. The price rebounded to $0.1398 in July but fell again to $0.1213 in early August. By late September, TRX recovered to $0.166, reaching $0.1691 in October and touching $0.2130 in late November. TRX ended 2024 with a price tag of $0.255. Tron was priced at $0.255 at the start of January 2025 and it was trading in a range of $0.204 to $0.257 in February. In March 2025, Tron (TRX) is trading near $0.24.
Belarus Government Considering Crypto Mining with Excess Energy Supply Belarusian President Aleksandr Lukashenko instructed newly appointed officials to focus on energy infrastructure development and local cryptocurrency mining with the nation’s excess electricity. He emphasized that the use of excess power would be beneficial in stimulating the economy without wasting it. Enhancing Energy Infrastructure Addressing a meeting with Energy Minister Aleksei Kushnarenko, Lukashenko emphasized the modernization of Belarus’ power grid, particularly 5,700 km of networks essential for residential areas, businesses, and electric vehicles. While high-voltage infrastructure is safe, weaker networks require adequate reinforcement to prevent blackouts, such as those that occurred during recent storms in the Gomel Region. What matters most to the government is ensuring a stable supply of electricity to 1,500 settlements, particularly where demand for electrification is on the rise. Belarus’ Previous Crypto Mining Initiatives The Belarus government has had a past interest in crypto mining. In 2021, Viktor Karankevich, the Minister of Energy, affirmed that authorities had considered the potential for utilizing excess energy in mining operations. They reviewed risks within the industry, power consumption, and economic impact in their investigation, which took into account successful mining operations in China, the United States, Canada, and Russia. The leadership in Belarus has also taken regulatory frameworks from other countries to see how they would help implement crypto mining as part of the nation’s energy strategy. Increase Electricity Use for Crypto Mining and Warming Lukashenko also encouraged increased electricity usage for hot water supply and heating, citing plans for the second nuclear power plant. The president presented this project as a long-term step aimed at meeting increasing energy demand and ensuring long-term sustainability. Officials were instructed to develop new incentives for households and businesses to change from gas to electricity-based heating, maximizing the country’s power infrastructure. Future of Crypto Mining in Belarus The president validated the global interest in cryptocurrency and the nation’s excess of electricity as the two most powerful drivers of potential mining projects. He suggested that Belarus could either welcome foreign investors to mine cryptocurrency or establish state-backed mining projects. Lukashenko urged policymakers to develop regulatory framework that makes the mining of cryptos an economically viable enterprise as well as for protecting national interests. According to him, there should be regulations that strictly restrict mining operations for preventing illegal actions such as clandestine use of energy or unstated operations. Belarus’ stance in favor of mining is also in line with its general economic and energy strategy, which might make the country a hub of cryptocurrency mining in Eastern Europe. If implemented, these steps can stimulate Belarus’ technological development and create new economic opportunities for individuals and businesses.
As bitcoin holds steady above the $88,000 threshold, Michael Saylor’s Strategy (formerly Microstrategy) maintains a 29% gain on its extensive BTC holdings. Meanwhile, MSTR shares have climbed more than 11% over the past week, defying the broader downturn in the crypto sector. What If Strategy Bought Ether Instead of Bitcoin? A Massive Difference Answers That
Alexis Ohanian, co-founder of Reddit, has confirmed that he is among those looking to acquire TikTok’s U.S. operations. If the bid to purchase the short-form video platform’s U.S. business succeeds, Ohanian says the goal is to bring it on-chain. The Reddit co-founder noted this after Reuters reported that he had joined Frank McCourt’s bid to buy off TikTok U.S. Ohania, a prominent individual in the social media technology space and across Silicon Valley, will work with McCourt and Project Liberty as a strategic advisor. “TikTok has been a game-changer for creators, and it’s future should be built by them,” Ohanian added. You might also like: Michael Saylor invited to White House Digital Assets Summit Ohanian’s remarks on X follow McCourt’s comments that he welcomes the Reddit co-founder as part of the bid. He is an experienced individual whose input could be important in the bid to take over TikTok’s assets in the U.S., McCourt said. Most importantly, Ohanian understands the social media space and “where it’s evolving.” Project Liberty’s vision for TikTok U.S. includes integrating blockchain technology, giving users greater control over their data, its usage, and sharing. Commenting on this and how Ohanian could help, McCourt noted: “Where he can help mostly is validating but also socializing what we’re doing. This is a project which has very sophisticated technology at the core, and so you’re dealing with a very specific audience when it comes to demonstrating the validity of that technology and in how it works, and why it’s necessary.” TikTok is owned by ByteDance, a Chinese internet company. The app went off U.S. app stores briefly after a ban went into effect, with Apple and Google relisting it following President Donald Trump’s intervention. Traders on prediction markets see odds of a ban as being higher. Ohanian’s investment portfolio includes Instacart, Patreon and OpenSea. You might also like: TikTok ban: Can crypto survive without TikTok’s influence?
Cardano and Solana are hitting prices that could be prime for new investments. These two cryptocurrencies are showing signs of potential growth, attracting keen eyes in the market. Insights into why these coins are poised for a rise reveal key trends and factors at play. Dive in to discover what makes these altcoins stand out right now. Cardano: Price Trends and Key Levels in a Bull-Driven Market Over the past month, Cardano experienced a 9.50% dip , contrasting with a notable 150.77% gain over the last six months. This price action reflects volatility, highlighting a long-term uptrend despite recent weakness. Sellers took profits earlier in the month, while buyers drove prices higher in the half-year, creating a mixed picture of short-term caution set against strong long-term growth. Currently, Cardano trades between 0.44 and 0.88 dollars, with immediate resistance at $1.15 and support around $0.26. The RSI at 51.14 indicates a balance, with bulls emerging from an 18.42% weekly surge, while bears linger at lower levels. This setup suggests trading ideas like buying near support and taking profits as resistance levels are tested. Solana Price Trends and Current Market Dynamics Solana experienced a major decline over the past month, with prices falling by 35.71%. Despite this sharp drop, a 2.35% increase over the last six months indicates some signs of recovery. The coin fluctuated within a range of approximately $104 to $213.04, reflecting considerable volatility. A slight 3.81% decrease over the past week further highlights the pressure on the price, showing mixed results in the short- and mid-term performance. Current support is at $60.77, while key resistance levels are identified at $277.85 and $386.39. Bearish signals from indicators like the Awesome Oscillator and Momentum Indicator indicate that sellers are in control. The RSI reading of 37.89 also points toward bearish sentiment. With no clear trend established, traders should watch for price movements that could signal either a breakout above resistance or a decline below support for potential trading strategies. Conclusion ADA and SOL currently present attractive entry prices. Both cryptocurrencies have shown potential for growth and stability in the market. Investors may find this an opportune moment to consider these options. The recent performance and trends suggest a promising future for both ADA and SOL. By understanding the main insights, it's clear these coins offer solid opportunities for those looking to invest. Careful consideration could lead to beneficial outcomes in a portfolio. 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.
On Mar. 4, the U.S. Senate released the Congressional Review Act to rescind a Biden-era regulation commonly known as the Broker DeFi Rule. This rule required decentralized finance platforms to share user data with the Internal Revenue Service. The CRA is set to cancel Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Assets Sales (or simply “Broker DeFi Rule”) was created by Sen. Ted Cruz and 13 cosponsors. The voting on the Rule cancellation was scheduled for Mar. 5, but it may occur later due to schedule conflicts. According to Cruz’s Statement of Administration Policy, the rule expanded the definition of “broker” to include software that provides access to decentralized finance platforms, effectively placing the DeFi sector under IRS oversight. The Broker DeFi Rule pushed the DeFi platforms to subject users to Know Your Customer politics, report gross proceeds from transactions and other actions on the platforms, and share involved taxpayers’ details with the agency. In CRA, the Broker DeFi Rule is described as a compliance burden imposed on the American DeFi companies. Another problem with the rule is the privacy concerns. The rule was adopted in the final days of the Biden administration on December 30, 2024, and took effect on January 1, 2025. However, DeFi platforms were not expected to meet compliance obligations until 2027. Cruz and his co-sponsors urged the president to sign the CRA into law, arguing that it would foster innovation and economic growth rather than stifle it. David Sacks, the White House crypto advisor, voiced support for the CRA on X. The White House is pleased to announce its support for the CRA introduced by @SenTedCruz and @RepMikeCarey to rescind the so-called Broker DeFi Rule, an 11th hour attack on the crypto community by the Biden administration. pic.twitter.com/T7Hxasb4aC — David Sacks (@davidsacks47) March 4, 2025 Why is the Broker DeFi Rule problematic? The crypto industry has opposed the Broker DeFi Rule from the start, arguing that it misunderstands how decentralized finance operates. The rule assumes that DeFi platforms function as intermediaries, like traditional brokers, rather than front-end services facilitating peer-to-peer transactions. https://crypto.news/irs-targets-defi-blockchain-groups-challenge-new-broker-reporting-rule The Broker DeFi Rule mistakenly suggests that DeFi platforms (like actual brokers) serve as intermediaries between their counterparts. The Rule authors seemingly don’t understand that decentralized finance platforms act as the front-end services facilitating peer-to-peer transactions, connecting the counterparts but not controlling them. Kristin Smith of Blockchain Association called the rule unconstitutional as it violates the Administrative Procedure Act and exceeds the statutory authority of the IRS and the Treasury Department. The joint statement of the Association, DeFi Education Fund, and Texas Blockchain Council cites the Blockchain Association Head of Legal Marisa Coppel as saying, “Not only is this an infringement on the privacy rights of individuals using decentralized technology, it would push this entire, burgeoning technology offshore.” The activists warned that this “midnight decision” of the Biden administration would cripple the DeFi sector, not only imposing a burden on entrepreneurs but posing an existential threat to the industry. No wonder the announcement of the White House support for the Broker DeFi Rule cancellation was met with much enthusiasm. A very important step to undo a very damaging Warren-era policy – one that destroys small blockchain projects and strangles any tax revenue that the industry would otherwise produce. — Bill Hughes : wchughes.eth 🦊 (@BillHughesDC) March 4, 2025 What’s the probability that the rule will be rescinded? The Broker DeFi Rule does not align with the current administration’s pro-crypto stance. It contradicts the goal of keeping the cryptocurrency sector private and free from government surveillance. Given that the Trump administration has explicitly banned the development of central bank digital currencies, a vote to repeal the rule would be consistent with its policy direction. More than that, during his presidential campaign in the summer of 2024, Trump promised tax relief for the crypto companies from the US. The Broker DeFi Rule effectively pushes the American DeFi platforms offshore because of the unlikely demand for collecting and sharing users’ personal information. Considering these facts, the rule has a great chance of being rescinded. Additionally, the rule itself was submitted by the IRS, and Donald Trump expressed his willingness to abolish the IRS altogether. The respective Earl Carter proposal has already been created. However, it is too early to judge if something like this takes place. Nevertheless, that’s another argument in favor of the high probability of the success of the CRA introduced by Ted Cruz. You might also like: Congressman proposes IRS elimination