Из жизни альткоинов
Crypto Analyst Says XRP Price Will Continue Rally To Reach $38, Here’s How
With the XRP price now building significant momentum, a crypto analyst has projected that the top altcoin is set to rally to a higher target of $38. The analyst reveals that the price action combined with key bullish technical indicators support this optimistic outlook.
Analyst Projects The Altcoin’s Price Massive Surge to $38X (formerly Twitter) crypto expert Gert van Lagen has projected that the XRP price is gearing up for an explosive increase to $38. While the analyst’s forecast may appear ambitious considering the altcoin is trading under $3, he backs it up with key indicators that strongly validate and reinforce this outlook.
Lagen shared a 2-week technical analysis chart of the asset’s price action over the years, highlighting a Double Bottom and Ascending Triangle pattern — both strong bullish indicators.
XRP’s price formed a 7-year-old Double Bottom Double Bottom from 2014 to 2020. This pattern is a typical bullish reversal signal that indicates a shift from a downtrend to an uptrend. At the time, the cryptocurrency broke above the neckline of the Double Bottom, triggering a massive rally to $0.28 and $2.5, marked by “1” and ”2”, respectively, on the chart.
Moving forward, the price has been forming an Ascending Triangle — a bullish continuation pattern characterized by a flat upper trendline and a rising lower trendline. The appearance of this technical indicator suggests a potential breakout in a cryptocurrency or the continuation of an uptrend.
Lagen’s XRP price chart shows that the cryptocurrency recently broke above a crucial resistance, marked by the black horizontal line, confirming a bullish breakout. Considering the previous Double Bottom breakout led to an explosive price increase in 2017 and 2018, the analyst expects a similar or even greater rally to occur, with his ultimate target set at $38.
XRP’s previous rally, though less significant, exceeded its parabolic target by 2x. As a result, the analyst considers his $38 price projection for the cryptocurrency to be quite conservative. Despite this optimistic forecast, the altcoin continues to trade below all-time highs, steadily approaching its previous high around $3 as positive market sentiment drives gains.
XRP Community Sparks Bullish Frenzy On XThe XRP community has been in a frenzy lately after the official conclusion of Ripple’s five-year legal battle with the United States Securities and Exchange Commission (SEC). All over the X social media platform, mentions of XRP’s achievement spread, with many analysts projecting significant price increases in the coming weeks.
With positive sentiment running high and the once-crippling legal case now settled, the altcoin could reclaim its former glory with sharp price jumps and a growing market capitalization, much like before the SEC’s lawsuit. Notably, an X crypto analyst identified as ‘Random Crypto Pal’ has declared that with the conclusion of the Ripple and SEC lawsuit, XRP no longer has market cap limits. He further predicts that the cryptocurrency could surge to an ambitious target of $10,000.
Bitcoin Market Entering A Consolidation Phase After Drop In Its CME Open Interest
Lately, the Bitcoin market has been seeing some notable adjustments in its price and key metrics even as volatility continues to overshadow the broader crypto market. With positive developments emerging in the market, bullish momentum appears to be building as the price reclaims the $85,000 mark again.
CME Open Interest Decline Hints At Consolidation PhaseBitcoin’s price is gaining traction due to growing bullish sentiment in the market. Prior to the renewed price shift toward the upside, BTC’s CME Open Interest has declined significantly in the past few months, indicating a slowdown in institutional trading activity.
Alphractal, an advanced investment and on-chain data platform highlighted that the recent drop in open interest is the largest that flagship asset has ever seen. This substantial decline indicates that traders may be adopting a cautious approach in light of ongoing market uncertainties and price fluctuations.
A fall in open interest typically implies a shift in behavior, with some investors abandoning holdings. The development coincides with a renewed upward move, signaling that the market might be cooling off after a prolonged bearish performance.
After examining the Bitcoin Open Interest Delta metric in the 90-day time frame, the platform noted that the drop is valued at around $10 billion. Such a notable value reflects the huge positions closed by institutional investors over the 3-month period.
While the 90-day Open Interest Delta reveals a sharp drop, the 30-day Open Interest Delta seems to have stopped its descent. Furthermore, the Open Interest Delta in the 7-day time frame is now transitioning into positive territory.
In other words, the BTC CME data is still pessimistic in the medium term, while positions seem to be entering a consolidation phase in the short term. In this scenario, selling pressure is likely to reduce in the short term even though it is still present in the overall view.
Thus far investors are monitoring the trend’s influence on BTC as prices move to challenge key resistance levels. This is because the market’s reaction to this drop in open interest could pave the way for Bitcoin’s next major move.
New BTC Whales Are Entering The MarketRecent data shows that new Bitcoin whales are entering the market in spite of the drop in open interest. Market expert Onchained revealed that wallet addresses holding at least 1,000 BTC are aggressively accumulating more coins, which signals strong confidence in its long-term prospects. This persistent buying reflects a rising demand for the asset among institutional and high-net-worth players.
Over time, these holders have established themselves as some of the most significant players in the market with a total of 1 million BTC acquired since November 2024. Their accumulation rate has significantly increased as the whales purchased 200,000 BTC this month alone in recent weeks.
Trump Media Executives Enter Crypto—$180 Million SPAC Announced
Top executives from the Trump Media & Technology Group have collaborated to launch a special purpose acquisition company (SPAC). The company aims to raise roughly $179 million to fund its expansion into blockchain, crypto, and data security. The new company is named Renatus Tactical Acquisition Corp I (“RTAC-I”) and is registered under Caymands Islands laws.
According to a press release, Form S-1 has already been filed with the Securities and Exchange Commission (SEC) in preparation for the company’s initial public offering (IPO).
Each unit in the IPO consists of one Class A ordinary share plus half of one redeemable warrant to buy a Class A ordinary share of the company. A Forbes report published last March 20th shared that the new company’s leadership has links to Trump Media.
New SPAC Aims To Fund New Company AcquisitionsRTAC-I, a new SPAC from Global Client Advisory Group, aims to acquire, purchase, merge, or even re-organize similar or new businesses or entities. The SPAC plans to use its funds to search for US-based companies with potential and currently engaged in blockchain, cryptocurrency, and data security markets.
The new SPAC plans to use GCAG’s expertise and experience in media, technology, and financial services, as well as its leaders’ leadership background and network. Reports say that the company targets industries with substantial government oversight, a factor that can work in its favor considering US President Donald Trump’s connection.
Trump Execs Dominate Leadership RolesEric Swider will serve as the RTAC-I’s chief executive officer, and Devin Nunes will be its chairman of the Board of Directors. Both men have extensive experience in several industries, including tech and financial services.
Nunes and Swider are both connected to the Trump Media & Technology Group (TMTG). The two men’s business acumen was instrumental in navigating the complexities of the planned IPO, including compliance with regulations.
RTAC-I Sees Digital Assets As Next Frontier In National Financial StrategyIn the company’s S-1 filing, its management team highlighted the growing importance of digital assets. It added that digital assets can become an integral part of a financial strategy, so it’s now crucial to invest in them. However, the company immediately acknowledged the potential difficulties it would encounter, knowing it has links with President Trump.
Now that the S-1 has been filed, the SPAC faces the challenge of convincing investors that it is ready to manage regulatory and political concerns. The company’s launch coincided with Trump’s growing involvement with crypto and Bitcoin.
Featured image from Getty Images, chart from TradingView
Here’s Why The Dogecoin And Shiba Inu Prices Are In The Green Today
Dogecoin and Shiba Inu prices are in the green today, providing a bullish outlook for the foremost meme coins. This price surge is due to several developments, including the US Federal Reserve hinting at easing monetary policies soon enough.
Why Dogecoin And Shiba Inu Prices Are In The Green TodayCoinMarketCap data shows that Dogecoin and Shiba Inu prices have surged over 3% and 2%, respectively, in the last 24 hours. The foremost meme coins surged following the FOMC meeting on March 19, with the US Federal Reserve hinting at easing monetary policies soon enough. The US Central Bank announced it will slow its balance sheet runoff starting April 1.
The balance sheet runoff is typically one of the quantitative tightening (QT) policies the US Central Bank adopts. As such, slowing this balance sheet runoff could pave the way for quantitative easing (QE) policies. This is bullish for the Dogecoin and Shiba Inu prices since this will boost investors’ confidence in allocating more capital to the foremost meme coins.
Furthermore, Ripple CEO Brad Garlinghouse announced yesterday that the US SEC has agreed to drop the Ripple lawsuit, which is bullish for the crypto industry as a whole. This development also contributed to the Dogecoin and Shiba Inu price surge, with the meme coins rallying alongside XRP on the back of this news.
Following this news, Bitnomial announced the launch of the first-ever CFTC-regulated XRP Futures in the US. This is bullish for the Dogecoin and Shiba Inu prices, as it could pave the way for the launch of regulated Futures products for these meme coins, which would attract institutional funds.
Meanwhile, it is worth mentioning that the Bitcoin price surged to as high as $87,000 following the Fed’s announcement. As such, the Dogecoin and Shiba Inu prices were bound to surge given their strong positive correlation with the flagship crypto. Bitcoin looks to be back in bullish territory, which has boosted investors’ confidence to allocate their capital to these meme coins.
What Next For The Meme CoinsCrypto analyst Trader Tardigrade revealed that Dogecoin’s 4-hour chart shows a breakout from a symmetrical triangle, indicating that a bullish reversal might be on the horizon. His accompanying chart showed DOGE could rally to $0.19 in the short term, which could then pave the way for further rallies to the upside.
In another X post, the analyst stated that Dogecoin’s Stochastic Relative Strength Index (RSI) suggests DOGE could stop its downtrend at its current price level and aim for the $1 mark.
Meanwhile, Shiba Inu also boasts a bullish outlook. SHIB burns have skyrocketed over 800% in the last seven days, with 551 million tokens burned. Crypto analyst Javon Marks has predicted that SHIB could still come close to its current all-time high (ATH) and possibly surpass it.
XRP Large Holders Are On A Buying Spree As Price Gains Fresh Upsurge
With the broader crypto market displaying renewed upside momentum, several digital assets like XRP have recorded notable gains in the last 24 hours. XRP’s recent upswing might be attributed to a massive buying spree among big investors as whale wallet addresses witness a significant rise.
Large Investors Betting Big On XRP PotentialHeightened volatility has damper XRP’s performance since the asset recently reached a new all-time high in the ongoing cycle. After dropping as low as $1,9, the altcoin has transitioned in an upward direction and recovered above the $2.5 price mark.
Despite the robust downward pressure in the past weeks, investors appear to have maintained a bullish sentiment toward XRP. In a post on the X platform, Santiment, a leading market intelligence and on-chain data platform reported that large investors often regarded as whales have accumulated a significant number of tokens during this period.
This surge in accumulation among key holders reflects consistent confidence in the altcoin’s potential in the long term. With prices rising once again, this development puts XRP in a crucial junction even as it heads toward critical resistance zones.
This massive buying pressure is spotted among whale wallet addresses holding at least 1 million XRP, indicating high demand among high-net-worth investors. Data from the platform shows that these cohorts currently hold over 46.4 billion coins. In the last 2 months alone, the whales have added about 6.5% to their total holdings.
XRP’s network usage has grown amid growing investors’ interest in the token. Since the beginning of March, address activity has experienced a substantial surge with almost 6 times more unique wallets engaging on the network within the period than in previous months.
Santiment also shed insights on the recent surge in XRP’s price. The platform noted that the asset has surpassed the $2.50 resistance level for the first time in 12 days after undergoing an additional 14% surge in the past day. Thus the platform claims that the asset has broken free from the altcoin pack.
Ripple’s Victory Over The US SEC Bolsters PriceAccording to Santiment, this price boost was also triggered by a notable advancement in the lawsuit between American-based payment company Ripple and the United States Securities and Exchange Commission (SEC). On Wednesday, the US SEC officially dropped its appeal against Ripple, which sparked massive excitement in the community.
Ripple Chief Executive Officer (CEO) Brad Garlinghouse has declared the advancement in the lengthy lawsuit a “resounding victory” for Ripple and the entire crypto community. With the case coming to an end, Garlinghouse believes that the future of crypto is bright, and it is time to build the sector.
In the meantime, the CEO has expressed his deepest gratitude to the outside counsel and his personal attorney Matt Solomon for his unwavering trust in the company since the case was issued.
Biden Admin May Have Sold US Bitcoin Reserves, Says Sen. Lummis
At the Digital Asset Summit on March 19, Senator Cynthia Lummis (R-WY) claimed that the previous Biden administration may have sold a significant portion of the United States’ confiscated Bitcoin holdings. During a panel discussion, Senator Lummis outlined her concerns, explaining that while the United States government may have amassed a large sum of BTC through asset forfeitures, some of these funds might have been liquidated during the Biden era.
Did Biden Sell US Bitcoin?“We’re trying to find out how much Bitcoin and whether they are fully surrendered to US custody. We think that could be the basis for the first year’s installment of a strategic Bitcoin reserve. We think the United States has held about 200,000 Bitcoin in asset forfeiture. What we don’t know is how much of that the Biden administration was selling right before the Trump administration took office,” Lummis said.
According to Lummis, her office has issued formal inquiries to the US Marshals Service and spoken with United States Attorney General in Donald Trump’s cabinet Pam Bondi in a bid to confirm exactly how many BTC remain under federal control. When asked why it appears difficult to ascertain the precise holdings, Lummis was blunt:
“This should be easy to figure out. It should be easy to figure out why a federal agency has two times more credit cards issued than there are employees in the agency. I mean, there’s so much failure of just simple accounting and business practices in the federal government that it would shock you. It is inexcusable.”
Lummis has been a vocal proponent of integrating BTC into the US financial structure. Last week, she reintroduced the BITCOIN Act at a conference organized by The Bitcoin Policy Institute, aiming to establish a Strategic Bitcoin Reserve for the federal government. The legislation proposes acquiring up to one million BTC over five years, positioning Bitcoin as a store of value similar to gold reserves.
Also at the Digital Asset Summit, Congressman Tom Emmer (R-MN) revealed that multiple pieces of legislation are circulating in Congress with similar goals. Emmer expressed confidence that these efforts to establish a Strategic Bitcoin Reserve bill to buy 1 million BTC will be enacted: “Yes, there is legislation. I think there are different members that have different versions. … I believe before this Congress is done, that will be enacted.”
Bo Hines, Executive Director of the US Presidential Council of Advisers for Digital Assets, spoke in a separate interview about the US history with seized Bitcoin. According to Hines, the government once held approximately 400,000 BTC but sold roughly half for around $370 million—a sum that would be worth nearly $17 billion at current valuations.
“If we would have held on to that, it would have been worth $17 billion today. I mean, it just goes to show you how important this asset is and what we can do with it to benefit the American people.”
Hines also confirmed the White House’s ambition to expand the US government’s Bitcoin reserves in a budget neutral-way: “We feel like it’s in the best interest of Americans to hold on to this asset long term and accumulate as much as we can get. … We’ve talked about building the digital Fort Knox for the United States.”
He emphasized that such a Bitcoin strategy would be budget-neutral, avoiding any additional taxpayer burden. Hines believes the internal working group set up through the first digital assets Executive Order will produce “tremendous ideas on how to accomplish this.”
Two weeks ago, President Donald Trump signed an Executive Order mandating the creation of a Strategic Bitcoin Reserve. The Reserve is to be funded by BTC seized under criminal or civil asset forfeiture proceedings. As per the order, relevant agencies must provide a comprehensive accounting of their digital asset holdings to the Secretary of the Treasury and the President’s Working Group on Digital Asset Markets.
At press time, BTC traded at $85,748.
What Crypto to Buy as BlackRock Predicts Bitcoin Rally During US Recession
Robbie Mitchnick, BlackRock’s Head of Digital Assets, spoke recently to Yahoo Finance, saying a recession would be a proper opportunity for Bitcoin to thrive.
Mitchnick posited that while he is unsure a recession will happen, the economic conditions inherent in a recession would serve as a strong catalyst for Bitcoin’s growth.
If so, what’s the best crypto to buy right now? Could exciting new projects like BTC Bull Token ($BTCBULL), Meme Index Token ($MEMEX), and PancakeSwap ($CAKE) ride the crypto upswing to see some sensational returns?
Recession a Catalyst for a Bitcoin Breakout“If you look at bitcoin fundamentally on a long-term basis, it really seems like an asset that should be uncorrelated or even inversely correlated against certain risk factors that exist,” BlackRock global head of digital assets Robbie Mitchnick. pic.twitter.com/9HvuxH30vi
— Yahoo Finance (@YahooFinance) March 18, 2025
In the interview, Mitchnick broke down the typical catalysts for Bitcoin:
- Lower interest rates and monetary stimulus
- An increase in fiscal spending and debt/deficit accumulation
- Fears of social disorder
- All of which occur during a recession.
If Mitchnick is right about a recession triggering Bitcoin’s rise, could this dip be just a temporary phase in a larger bull run? Other industry experts like Arthur Hayes co-founder of BitMEX, seem to think so.
The plan:
Be fucking patient. $BTC likely bottoms around $70k. 36% correction from $110k ATH, v normal for a bull market.
Then we need stonks, $SPX and $NDX to enter free fall. Then we need TradFi muppet to go under.
THEN we get Fed, PBOC, ECB, and BOJ all easing to make…
— Arthur Hayes (@CryptoHayes) March 11, 2025
Mitchnick’s views are also supported by Coinbase, which reported in its Monthly Outlook that investors should be prepared for a potential crypto market recovery in Q2, 2025, particularly if the US economy enters a recession.
The recovering liquidity and reduced interest rates, combined with positive regulatory movements, create a positive environment for investment.
If Michnick’s predictions are accurate, we can expect increased activity around other cryptocurrencies aside from $BTC, too.
That’s why we’ve rounded up three of the best crypto to buy right now that have the potential to do well amidst a recession and a Bitcoin rally
1. BTC Bull Token ($BTCBULL) – Passive $BTC Rewards for Bitcoin MilestonesYou hear the word ‘bull’, and you think, strong, confident, large, and in charge, and that’s exactly what you get with Bitcoin Bull Token ($BTCBULL).
Its primary focus is to get a shoulder to the wheel and push Bitcoin to $1M+.
$BTCBULL is now trading at $0.00242, having risen 2.98% since its February presale launch price of $0.00235.It’s still in presale, so early buyers can also earn an impressive 115% APY by staking.
Need more incentives? No problem, BTC Bull Token comes with stax. For example, if you hold your tokens in Best Wallet, you’ll get free $BTC airdrop rewards when Bitcoin reaches the $150K, $200K, and $250K milestones.
The project team has also planned token burns at every $25k interval. These increase scarcity and thus value, helping bolster returns.
If you’re anything like us, getting something for nothing is always a draw. And with offers like these, $BTCBULL is sure to continue to attract attention.
And, with recession features being potential catalysts for Bitcoin, it might not be long before we see a bull run that gives early $BTCBULL investors a hefty return.
Visit the official $BTCBull website now, or find out more in our How to Buy BTC Bull Token guide.
2. Meme Index ($MEMEX) – Decentralized Meme Coin Index With Risk Profiles for AllMeme coins – exciting or daunting? If you lean to the latter, we may have something that could convert you – Meme Index ($MEMEX).
Often, crazy crypto like meme coins can be perceived as too risky for cautious investors, but $MEMEX helps manage that risk through the good ol’ stock market trick of diversification.
The first decentralized meme coin index, $MEMEX has four unique indexes, each containing a basket of meme coins assembled to your specific risk profile.
This lets you spread your investment across a number of coins, simply by holding just the $MEMEX token. These include:
- Meme Titan Index – Features established, high-cap meme coins like $SHIB and $DOGE, with a dynamic index that adapts to the evolving market.
- Meme Moonshot Index – Offers exposure to high-potential meme coins, just below the top eight, with a growing exchange presence and community support.
- Meme Midcap Index – For risk-tolerant investors, it offers exposure to volatile meme coins ($50M-$250M market cap) with an equal chance for explosive growth or sharp declines.
- Meme Frenzy Index – For the most risk-tolerant traders, the index is community-curated offering a volatile mix of high-risk, high-reward meme coins. Not for the faint of heart.
Leveraging the indexes, all the leg work is taken out of meme coin investing – you choose the risk level you want and then sit back and let the index do the work for you.
$MEMEX is now trading at $0.0166883, having risen 18.28% from its presale starting price of $0.014112. With 11 days until the end of the presale, this could be your last chance to jump on board at this low price.As a possible recession looms, $MEMEX could be your safest way to invest in some of the best meme coins today and profit even through the dips. Visit the official $MEMEX website for more.
3. PancakeSwap Token ($CAKE) – The Rising Star of DEXsPancakeSwap Token ($CAKE) has shown periods of strong performance recently, indicating growing interest in the PancakeSwap platform. This, together with token burning, may have helped increase its value of late.
Its current price is $2.417, up 47.78% in the last seven days. Could it keep this up if a recession becomes a reality?
Also behind the token’s popularity is the fact holders get access to the PancakeSwap DEX, which is the dominant DEX on the BNB Chain. CoinGecko lists PancakeSwap in the top trading DEXs ranked by 24-hour trading volume.
The platform has a healthy $1.9B+ Total Valued Locked (TVL). This indicates significant capital invested within the ecosystem, signifying a high degree of user trust and confidence.
What Crypto Should I Buy?If a recession does indeed come to pass and Robbie Mitchnick is right about the correlation between recession markers and bullish Bitcoin performance,, we should see a positive trend across the crypto market as a whole.
Taking advantage of this and getting in early with exciting new crypto like $BTCBULL or $MEMEX could be a smart move, especially if a positive turn is imminent.
Just a friendly reminder: we’re not financial advisors. Do your own research before investing in anything. Crypto is risky, so only put in what you’re comfortable potentially losing, as there are no guarantees of positive returns.
Ripple CEO Talks XRP’s Future: US Strategic Reserve, IPO And Spot ETFs
In an interview with Bloomberg, Ripple CEO Brad Garlinghouse discussed the conclusion of Ripple’s lawsuit with the US Securities and Exchange Commission (SEC), as well as the company’s strategic outlook. Garlinghouse touched on everything from a potential IPO to the possibility of XRP playing a role in the new US Crypto Stockpile.
Ripple Vs. SEC Case ConclusionGarlinghouse described the legal battle with the SEC, originally launched in December 2020, as having effectively ended. According to him, the SEC has agreed to drop its appeal against the earlier court decision ruling that “XRP in and of itself was not a security.”
“We won on the key parts of the case in the summer of ’23. Judge Torres made a ruling that XRP in and of itself was not a security. The SEC filed an appeal about eight months ago, and what they’ve now agreed is that they’re going to drop that appeal.”
Although Ripple still has a cross-appeal in place, Garlinghouse indicated that, going forward, the company has far more control over its legal strategy. He noted that what remains under discussion is whether Ripple continues to pursue the return of a significant escrowed amount—$125 million—which relates to a penalty the court had imposed for sales of XRP to certain institutional investors: “There was a $125 million fine that’s sitting in escrow. We wouldn’t mind having that back. That’s on the table.”
Garlinghouse stressed that Ripple’s stance stems from the fact that “no investors lost any money” in connection with the disputed XRP sales. He criticized former SEC Chair Gary Gensler’s approach to crypto oversight, calling it “a power grab” meant to expand the SEC’s reach.
US Crypto Stockpile And Spot XRP ETFsGarlinghouse also indicated that XRP could feature in a new federal initiative. While acknowledging that the Trump administration’s executive order, establishing a Strategic Bitcoin Reserve and a separate Crypto Stockpile, did not explicitly name XRP, the Ripple chief believes XRP is a natural fit.
“My understanding is there’s going to be a Bitcoin strategic reserve. There’ll be a crypto stockpile representing other cryptos, and I would expect that will include XRP. […] My understanding is that the stockpile would be represented by seized other cryptos other than Bitcoin. That then will be in that stockpile. So to the extent that various law enforcement agencies have seized cryptos, which would include XRP, that those would go into the stockpile in addition to the Bitcoin strategic reserve,” Garlinghouse remarked.
Garlinghouse also sounded optimistic about the prospects for spot XRP exchange-traded funds (ETFs). Multiple proposals are on the SEC’s desk from well-known asset managers: “There are 11 different filings pending with the SEC to launch ETFs, from everybody from Bitwise to Franklin Templeton and a whole bunch of people in between. I think those will be live in the second half of this year.”
Moreover, he highlighted that even though some crypto-linked products have seen outflows, inflows to XRP-based products continue. This, he said, reflects the “false negative pressure” that dogged XRP during the SEC case.
IPO Or Acquisitions?Speculation about Ripple going public has circled for years. With regulatory clarity improving, Garlinghouse acknowledged the possibility of an initial public offering (IPO), though he made it clear that this is not the company’s top priority. “It isn’t a huge priority. Most companies go public because raising capital is high on their radar. We have been in a very fortunate position to be able to grow the business organically.”
Instead, he pointed to acquisitions as a more immediate focus for Ripple. Garlinghouse sees industry-wide “consolidation” this year, especially as the US crypto market transitions from regulatory headwinds to potential tailwinds: “We will look at other things that are blockchain infrastructure companies. I think there will be consolidation this year. There’s a lot of excitement about some of the changes, and we will lean into that for sure.”
Turning to stablecoins—an area gaining bipartisan support in Washington—Garlinghouse said Ripple is placing significant weight on its own stablecoin, RLUSD, which launched late last year. The stablecoin currently sits around $230 billion in total stablecoin supply, but many analysts predict it could grow tenfold over the next five years.
“Ripple launched its own stablecoin at the end of last year. That’s already ahead of our own internal forecasts… The goal is by the end of the year for RLUSD […] to be one of the top five in the market.”
He noted increased activity in stablecoin use cases, such as Robinhood’s movement toward 24-hour trading. With stablecoin legislation already advancing through Congress, Garlinghouse expects the entire market to “grow dramatically this year.”
At press time, XRP traded at $2.44.
Top Altcoins to 100x as Trump to Speak at Digital Asset Summit Tonight
Donald Trump will address the Digital Asset Summit (DAS) to be held in New York at North Javits on March 20, making him the first sitting US president to do so.
There has been a lot of speculation on what Trump will say. Will he jack up his pro-crypto stance and make better legislative promises for the crypto industry?
If yes, this could then be the perfect time to buy some of the top altcoins and meme coins.
Trump’s Historic SpeechThis speech comes almost a week after Trump signed an executive order to form a Bitcoin reserve, where the US government will slowly build a pool of $BTC over the years.
Bo Hines, the executive director of the White House’s President’s Council of Advisers on Digital Assets, called this reserve akin to gold reserves maintained by countries – the more the better.Senator Cynthia Lummis and Congressman Nick Begich have also laid down proposals to acquire 1M Bitcoins in the next five years.
What More to Expect with DAS?Besides Trump’s historic keynote, Michael Saylor (executive chairman of MicroStrategy) will also address the summit and have a discussion with Pete Rizzo, a popular Bitcoin historian.
There’ll also be extensive discussion on Bitcoin ETFs involving Robbie Mitchnick, head of digital assets at BlackRock, and Giang Bui, Nasdaq’s head of U.S. equities & exchange-traded products.
Ever since the appointment of Trump as the president, several pro-crypto decisions have been made.
For instance, the government has decided to end debanking against crypto startups, encouraging pro-crypto businesses.Several ETF applications, including those based on $LTC, $XRP and $DOGE, have been lodged.
Plus, altcoins and meme coins received a much-needed push thanks to the launch of the $TRUMP token. And, of course, Bitcoin continued to remain crypto’s centerpiece with the launch of the new reserve.
All in all, the time is just right to make some prudent crypto investments. If you’re also looking for potential digital asset investments, here are some cryptocurrencies you just cannot miss.
1. BTC Bull Token ($BTCBULL) – Top Altcoin to Buy and HODL to Benefit from Bitcoin’s SuccessA potential boost to crypto by Trump is likely to result in a Bitcoin rally. The OG crypto, which has been sideways for a while, could finally surge and break all recent resistance levels.
If you want to ride Bitcoin’s growth but without spending a fortune, then BTC Bull Token ($BTCBULL) is undoubtedly the best crypto to invest in.
$BTCBULL token holders will receive free $BTC as and when Bitcoin crosses new milestones ($150K, $200K, $250K, and beyond) for the first time.
Just make sure you buy and hold $BTCBULL in Best Wallet to be eligible for the rewards.
It’s also worth noting that $BTCBULL can generate exponentially higher returns than Bitcoin itself.
That’s because it works on meme coin fundamentals. Plus, it will also regularly burn a portion of its total token supply. This will contract supply and boost demand.Is BTC Bull Token, then, the next crypto to explode? Possibly.
Grab one of the top trending cryptos for just $0.00242 per token. The project has so far amassed over $3.8M, which is proof of its promise.
For more info, here’s a guide on how to buy BTC Bull Token.
2. Solaxy ($SOLX) – Best Utility Altcoin on the Market Right NowSolaxy ($SOLX) will build the first-ever Layer 2 solution on Solana. This makes it a unique (and potentially incredibly profitable) crypto, seeing as it has been designed for the betterment of the Solana blockchain.
What’s aching Solana, you ask? The rapid rise of meme coins on the network has slowed it down significantly.
It has been failing to accommodate the increased number of investors, and has, therefore, been throwing up congestion and scalability issues, including failed transactions.
A multi-chain token, Solaxy plans to use a sidechain to process Solana’s transactions. This will reduce the burden on Solana’s mainnet.
Additionally, Solaxy will bundle multiple transactions into a single package, thereby offering investors lower fees, as well as faster execution and ease of use.
The $SOLX presale is easily among the hottest crypto presales going around.
With more than $27M in its presale purse at the time of writing, it’s currently offering one token for a low price of $0.001668. Here’s how to buy Solaxy.
3. OFFICIAL TRUMP ($TRUMP) – Donald Trump’s Very Own Cryptocurrency Ready to RiseAlthough OFFICIAL TRUMP ($TRUMP) has been under some serious selling pressure for the past few weeks, it’s up 1.28% today – and nearly 6% in the last seven days.
As anticipation builds for the POTUS’ upcoming speech, $TRUMP could offer a great buying opportunity. It’s currently trading at $11.45.
Experts believe the token is available at a huge discount and is, therefore, one of the best cheap altcoins to buy right now.
The biggest reason for a bullish outlook on $TRUMP is Donald Trump’s pro-crypto stance.
From his installing crypto-friendly personalities in top regulatory bodies like the SEC to his announcing a National Crypto Reserve, there’s no questioning Trump’s love for crypto.
It’s also worth noting that $TRUMP has a short but promising history. Soon after its launch, it gained over 12,000% in just a few hours.
An unprecedented interest from investors has made $TRUMP the fourth biggest crypto in the world. Currently, it has a market cap of over $2.2B.
Bottom LineWith the Digital Asset Summit (DAS) just hours away, we’d want our readers not to get carried away. FOMO is the killer of all portfolios, after all.
Mix caution with aggression, which includes investing a small amount and diversifying your portfolio with multiple cryptos.
Also, it’s crucial you do your own research before investing. Our articles are only meant to be informative, and none of what we put out is a substitute for financial advice from a professional.
FOMC Meeting Ends: Will the Next Fed Chair Under Trump Fuel a Rally for These Best Presales?
In its latest meeting, the Federal Open Market Committee (FOMC) opted to keep the federal funds rate steady at the target range of 4.25% to 4.50%.
That continues the status quo, and sets up the crypto market for continued volatility – but also, opportunities for the best presales to shine.
The recent decision indicates the Federal Reserve’s caution in light of prevailing economic uncertainties; with slightly lower GDP growth and slightly higher inflation, the Fed wants to play things safe.But will US President Trump let it?
Given how Trump has approached policy-making so far, with broad attempts to reset the US approach on everything from crypto to foreign policy, there’s a very real chance that the next Fed chairman might be appointed primarily to do what Trump wants them to do, rather than what’s best for fiscal policy.
That’s especially true given all the economic mixed signals:
GDP growth slowing to 1.7% in 2025
Inflation projected to rise to 2.7%
Unemployment rate stays low, estimated 4.4% by EOY
That leaves the Federal Reserve on a tightrope requiring very careful and delicate moves.
And ‘careful and delicate’ are hardly words to describe Trump’s approach.
Trade Policies Contribute to Unsteady Markets; Crypto and Stocks Respond PositivelyReporters asked Federal Reserve Chair Jerome Powell about the impact of recent trade policies, including tariffs, on inflation projections. Powell’s answer, while cautious, noted that ‘a good part of it is coming from tariffs.’
But despite the somewhat muted tone coming out of the meeting, financial markets reacted positively to the FOMC’s announcements.
Major U.S. stock indices experienced gains:
- Dow Jones Industrial Average rose by 383.32 points (0.92%)
- S&P 500 gained 60.63 points (1.08%)
- Nasdaq Composite increasing by 246.67 points (1.41%)
On the crypto front, the global market cap rose 3.19% to $2.81T.
$BTC climbed nearly 3% to $85.7K, $ETH rose 3.5% to break the $2K mark, and $XRP spike over 7% to $2.47.A surprisingly strong response, given the broader uncertainty, but the markets still like the underlying fundamentals: potentially lower interest rates down the line and strong interest even in riskier assets like crypto.
Here are three of the best presales to watch as the markets continue to gain momentum.
1. BTC Bull ($BTCBULL) – First-Ever Bitcoin Meme Coin with Three Ways to EarnBTC Bull Token wants to ride Bitcoin all the way to $250K and beyond.
It’s a memecoin for all the Bitcoin maximalists out there, investors convinced by $BTC’s astounding 230% AAR and looking for ways to capitalize on Bitcoin’s success.
With $BTCBULL, token holders receive 111% staking returns during the crypto presale. Those returns are paid out over the next two years post-launch, providing both short-term and long-term gains.
BTC Bull rewards holders whenever Bitcoin reaches key price points.
At $150K and $200K, holders receive $BTC airdropped directly into their Best Wallet app crypto wallets. The only eligibility requirement is to purchase and hold $BTCBULL in Best Wallet.
At $125K, $175K, and $225K, the project will burn $BTCBULL tokens, reducing supply and potentially driving the token price higher.
And at $BTC $250K, there’s a massive $BTCBULL airdrop.Each milestone is designed to link $BTCBULL’s rewards and price directly to $BTC’s continued success. And with a Bitcoin Strategic Reserve on the way, that success seems highly likely.
Certainly, the US president is betting on it, making BTC Bull a meme coin worth watching.
You can learn how to buy $BTCBULL by checking out our guide.
In the meantime, 1 $BTCBULL is worth $0.00242, and the project has raised $3.8M to date. Check out the token presale, and don’t sleep on the first Bitcoin memecoin.
2. BlockDAG ($BDAG) – Hybrid Blockchain with $USDT Rewards ProgramDirected Acrylic Graphs (DAGs) take traditional linear blockchains and restructure them, allowing multiple transactions to be added to the ledger simultaneously.
It’s an innovative approach to traditional blockchain congestion and scalability issues. BlockDAG is fully EVM-compatible, allowing it to integrate existing Ethereum smart contracts. At the same time, BlockDAG is a proof-of-work algorithm; $BDAG is mined in the same way as Bitcoin.
The project envisions deploying a powerful DAG blockchain that combines a number of advantages in one protocol:
- Ethereum’s smart contracts
- Bitcoin’s proof-of-work consensus mechanism
- Multichain architecture with UTXO/EVM
Added all together, and it’s not a surprise that the project has raised over $203M.
3. Best Wallet ($BEST) – Best Presale Crypto Wallet with $BEST AirdropBest Wallet Token takes one of the leading Web3 wallets and adds loads of utility.
$BEST token holders get:
- Access to exclusive crypto presales
- Reduced transactions fees
- Higher staking rewards
- Community governance
That’s on top of a web3 wallet poised to capture 40% of the $11B non-custodial wallet market by 2026.
For investors who purchase $BEST during the ongoing presale, there’s also the opportunity to stake their tokens for an estimated 140% APY, disbursed over 3 years.
There’s also a way to earn part of a free crypto airdrop with the Best Wallet Token airdrop. Eligibility is determined by completing daily and one-time quests found in the wallet or on social media. Learn more in our guide on how to buy Best Wallet Token.
The broader Best Wallet ecosystem facilitates cross-chain swaps and includes a fiat offramp, key features in a multi-functional crypto wallet. It’s a true non-custodial wallet; investors always control their own keys.
That utility makes $BEST one of more intriguing new crypto projects in 2025.The Best Wallet Token presale continues at the presale page, and has raised over $11.2M so far with a current token price of $0.0244. You can learn more about how far $BEST might go in our price prediction (spoiler, a potential 2,440% increase by the end of 2026).
Will Powell vs Trump Hurt the Market – Or Spur It On?With Powell openly hinting that Trump’s tariffs are at least partly to blame for inflation, is another departmental war about to break out?
And if Trump moves to replace Jerome Powell as chairman of the Federal Reserve, what does that mean for interest rates?
Trump could pressure the new chair to lower rates even further; that would reduce borrowing pressure, but likely push inflation higher.It could also drive crypto up, both as an inflationary hedge and directly due to cheaper borrowing costs. And if that happens, the crypto presales on this list could be poised for big moves.
Do your own research. This isn’t financial advice, and it’s on you to make sure you know what you’re investing in. Losses are always possible.
But with the Federal Reserve playing it safe, it could be a good time to look at the potential of crypto presales.
$7 Billion In Losses Locked In: Bitcoin Short-Term Holders Show Largest Capitulation Of Cycle
On-chain data shows the Bitcoin short-term holders have recently participated in the largest loss-taking event of the current cycle.
Bitcoin Short-Term Holder Realized Loss Has Hit High Levels RecentlyIn its latest weekly report, the on-chain analytics firm Glassnode has talked about how the situation of the Bitcoin short-term holders has changed following the market downturn.
The “short-term holders” (STHs) refer to the BTC investors who purchased their coins within the past 155 days. This cohort includes the new entrants into the market, who don’t tend to be too resolute. As such, it’s not uncommon to see the group participating in a panic selloff, whenever some kind of volatility emerges in the market.
The recent price decline has been one such moment. First, here is a chart shared by the analytics firm that shows how the Relative Unrealized Loss of the STHs has developed during this event:
The “Relative Unrealized Loss” measures, as its name suggests, the total amount of loss that the STHs are holding onto. The ‘relative’ in the indicator’s name refers to the fact that this loss has been normalized according to the market cap.
As is visible in the graph, the Bitcoin STH Relative Unrealized Loss has observed a significant increase recently and has reached the upper threshold for losses recorded in bull markets historically (the red line).
Glassnode notes, though, “despite these elevated paper losses, the financial damage carried by new investors remains largely in line with the yen-carry-trade unwind on 5-Aug-2024.”
As long as an investor keeps sitting on their loss, it remains unrealized, but once they decide to make a transaction involving the underwater tokens, the loss is said to be ‘realized.’
Given that a portion of the group has been pushed underwater in the latest crash, it would be expected that the fickle-minded members of it would have capitulated at some loss. Here is another chart, this time for the loss that the STHs have actually realized:
As displayed in the above graph, the 30-day sum of the Bitcoin STH Realized Loss has reached the $7 billion mark recently, which is the highest value witnessed in the current cycle so far.
It’s also apparent from the chart, however, that while these losses are sizeable on their own, the same isn’t the case when stacked against the major capitulation events of the previous cycle.
In the loss-taking event that followed the May 2021 selloff, the indicator’s value reached $19.8 billion. Similarly, it reached a high of $20.7 billion during the 2022 bear market. Both of these are clearly much larger in scale than the latest capitulation.
BTC PriceAt the time of writing, Bitcoin is floating around $85,000, up almost 4% in the last 24 hours.
Arizona Leads Bitcoin Reserve Race As Two Bills Pass House Commerce Committee Vote
Arizona has taken the lead in the US Strategic Bitcoin Reserve (SBR) race after two bills passed the House of Representatives Commerce Committee vote on March 18. The state now has two active crypto reserve legislations and a legal tender bill, which have also advanced to the next stage.
House Commerce Committee Passes Bitcoin Reserve BillsOn Tuesday, the Arizona House Commerce Committee met to consider three Bitcoin-related legislations, including two strategic reserve bills, which passed the vote to advance to the next legislative stage.
Senate Bill 1025 (SB1025), also known as the “Arizona Strategic Bitcoin Reserve Act,” passed the vote with a 6 – 4 majority. Bitcoin Laws noted that the vote “was along partisan lines: Republicans for; Democrats against.”
If passed, the legislation, sponsored by Republican Senator Wendy Rogers, would allow public funds in Arizona, such as the state treasurer or state retirement system, to invest up to 10% of their assets under management in cryptocurrencies, focusing on Bitcoin (BTC).
“If the United States Secretary of the Treasury establishes a strategic Bitcoin reserve for the storage of government Bitcoin holdings, a public fund may store the virtual currency holdings of the public fund in a secure segregated account within the strategic Bitcoin reserve,” SB1025 reads.
The bill also provides a framework for public funds to diversify their investments and establishes clear guidelines and definitions to manage them.
Meanwhile, Senate Bill 1373 (SB1373), sponsored by Republican Senator Mark Finchem, passed with a 6 – 4 vote on Tuesday. The legislation aims to establish a Digital Assets Strategic Reserve Fund in the state, comprised of seized cryptocurrencies and appropriated legislative funds that can be held through secure custody solutions or exchange-traded products (ETPs).
The fund would be managed by the state treasurer, who could invest up to 10% of its total deposit in any fiscal year and may loan its assets to generate additional returns if it doesn’t increase the state’s financial risks.
“The bill also outlines strict requirements for secure custody solutions, including exclusive key access, encrypted environments, hardware maintenance in multiple secure data centers, multi-party governance, comprehensive logging, regular security audits, and disaster recovery protocols,” Bitcoin Laws explains.
Arizona Takes The SBR LeadAfter Utah scrapped its BTC reserve clause, Arizona became the state with the most advanced SBR legislation. As reported by Bitcoinist, the Utah State Senate exited the SBR race this month after amending the proposed bill allowing the state treasury to invest in digital assets.
Following this development, Arizona took the lead with two reserve bills awaiting a final floor vote in the Senate before moving to the House Commerce Committee. Both strategic reserve bills now move to the House Rules Committee, which has a 5 – 3 Republican majority.
If they pass the Rules Committee vote, SB1015 and SB1373 will only require a vote by the full House before heading to the governor’s desk. Similarly, another BTC-related bill passed the House Commerce Committee on Tuesday with a 6-4 vote and heads to the next stage.
Senate Bill 1062 (SB1062), also sponsored by Senator Mark Finchem, aims to expand the state’s definition of legal tender to include cryptocurrencies, including BTC, alongside traditional currencies.
The legislation also updates different sections of Arizona’s tax code to include the new legal tender definition and ensure consistency across different statutes, suggesting an effort to recognize the industry as a key sector.
Ripple’s XRP Might Enter the US Digital Asset Stockpile – New Crypto Like Best Wallet Token to Soar Next?
It seems to be the season for dropping crypto lawsuits. After 5 years of going after Ripple like a dog in heat, the Securities and Exchange Commission (SEC) has suddenly dropped their lawsuit against Ripple.
Not to be outdone, crypto exchange Bitnomial has also dropped their lawsuit against the SEC.
The reason for this legal lovefest? $XRP suddenly has a shot of getting into the US Digital Asset Stockpile, a possibility seen as laughable until this year.
And this could spiral into a more permissive and bullish atmosphere for crypto projects. Especially new crypto like Best Wallet Token.
Bitnomial To Launch First Ever Regulated $XRP Futures$XRP is getting onto everybody’s best friends lists. Not only could we see it joining other altcoins like Solana in the US Digital Asset Stockpile, but Bitnomial also wants to launch the first ever regulated $XRP futures trading market.
Futures trading is when traders can speculate on the future price of a currency – without actually owning any of it.Ripple also anticipates the launch of an $XRP exchange-traded fund by the end of 2025, as well as an IPO.
If any of this happens, $XRP will join a long list of other traded crypto futures, such as Bitcoin ($BTC), Ethereum ($ETH), and Solana ($SOL).
The SEC is quickly being tamed by the Trump administration into doing its bidding, and that will mean more crypto adoption, more investor interest – and higher prices.
The Price of XRP Goes Ballistic – Could Other Crypto Benefit?The value of $XRP is subsequently having a wild ride right now. Its value has gone up by more than 10% in the past week and its trading volume over the past 24 hours has topped almost 258%. It’s now sitting pretty at $2.50 per token.
Could this bullish atmosphere infect other coins such as meme coins and other new crypto? Could the recent decline of meme coin value suddenly do a screeching U-turn, XRP-style?
If so, you’re going to want to look at one of the best altcoins on offer right now – Best Wallet Token ($BEST).
Best Wallet Token ($BEST) – The One and Only Presale Crypto Wallet TokenBest Wallet Token ($BEST) is becoming one of the best presales of 2025, and that’s because of its unique feature, early access to presales.
$BEST could do even better with XRP’s rapidly changing fortunes, and as the native token for Best Wallet, holding it in Best Wallet brings exclusive benefits.
To begin with, your transaction fees are going to get cheaper when you make buys, sells, and swaps inside Best Wallet’s ecosystem. With gas fees sometimes going eye-wateringly high at peak periods, any wallet that offers discounted fees is definitely worth a look.Then there’s the staking rewards – currently at 140% – which will be higher for $BEST token holders. The Best Wallet app website doesn’t specify exactly how much higher the staking APY will get though.
Next are the airdrops, where you can earn more $BEST by completing ‘quests.’ This means retweeting tweets on X, writing supportive tweets about $BEST, and leaving answers on Best Wallet’s X account.
Finally, you get voting and governance rights on the $BEST token, so you can influence the future direction of the project.
But we must emphasize – to get these benefits, you must buy the $BEST tokens with Best Wallet, and hold them there. Don’t claim with another wallet and/or move the tokens out of Best Wallet.
The current $BEST token price is $0.0244, but that will increase in over 10 hours. By jumping in now, you’ll be giving yourself some Best Wallet benefits offered exclusively to $BEST holders.
Getting Best Wallet Token could be an extremely savvy HODL move if our price predictions up to 2030 come true. We predict a high of $0.82 a token, a 3,260.66% rise based on the current token price. Do Your Research First!We may sound like a broken record repeating this all the time, but we do so because it’s extremely important.
Before committing any funds to crypto, always do your own research, consult many authoritative sources, and finally come to your own conclusions. Never spend money you can’t afford to lose.
Bitcoin Reversal Soon? Polymarket Shows 100% Odds Of Fed Ending QT Before May
Bitcoin (BTC) could soon see a trend reversal as leading prediction market platform Polymarket forecasts the US Federal Reserve (Fed) ending quantitative tightening (QT) by April 30. An end to restrictive monetary policy could provide a much-needed boost for risk-on assets like BTC.
Fed Likely To End QT Before MayBitcoin has dropped nearly 13% over the past month due to a mix of unfavorable factors, including US President Donald Trump’s trade tariffs and the Fed’s restrictive monetary stance.
Over the past two months, the leading digital asset has tumbled from an all-time high (ATH) of $109,588 on January 19 to trading in the low $80,000 range at the time of writing – wiping out more than $400 billion from its market cap.
However, the tide may soon turn for the flagship cryptocurrency. Leading prediction market platform Polymarket now projects a 100% chance that the Fed will end its restrictive monetary policy – QT – before May. Such a shift is expected to benefit risk-on assets, including cryptocurrencies.
For the uninitiated, QT is a monetary policy where the central bank reduces its balance sheet by selling government bonds or letting them mature without reinvesting, effectively pulling liquidity out of the economy. For Bitcoin, this often leads to lower prices because less liquidity means less cash available for riskier assets like crypto.
QT is one of the key monetary tools the Fed uses to restrict liquidity in the economy. The other primary tool is raising short-term interest rates, which discourages borrowing and investment in riskier assets, typically leading to price corrections in both stocks and cryptocurrencies.
The Fed began its current QT cycle in June 2022, aiming to tighten market liquidity and combat rising inflation – a byproduct of pandemic-era stimulus measures. The February Consumer Price Index (CPI) report shows inflation has cooled to 2.8%, nearing the Fed’s long-run inflation target of 2%, suggesting that QT may have achieved its intended effect.
Q2 2025 To Be Bullish For Bitcoin?If Polymarket’s predictions prove accurate and the Fed halts QT before May, Q2 2025 could turn bullish for Bitcoin and other cryptocurrencies. Benjamin Cowen, CEO of Into The Cryptoverse, echoed this sentiment, recently stating that an end to QT would likely trigger a market rally.
Recent pro-Bitcoin remarks from Fed Chair Jerome Powell have added further optimism about the cryptocurrency’s recovery potential. However, concerns persist over Bitcoin’s continued behavior as a speculative asset rather than a stable store of value.
Despite this, institutional confidence remains strong. Asset management firm ARK Invest recently invested another $80 million in BTC, reinforcing faith in the digital asset’s long-term potential. At press time, BTC trades at $83,707, up 1.2% in the past 24 hours.
Bitcoin’s $12 Billion Shakeout: Analyst Explains Why It Had To Happen
A prominent crypto analyst said that Bitcoin went through a significant event over the past few months as the coin’s open interest plummeted by nearly 20%, wiping out around $12 billion.
BTC’s open interest wipeout might appear to be detrimental to the coin, but CryptoQuant analyst DarkFost believes that the cleansing is essential for a “bullish continuation”, citing that it may provide opportunities for its investors in the near term if history repeats itself.
Bitcoin’s nearly $12 billion open interest shakeout earlier this month might be just the catalyst needed for the asset to regain its upward momentum, according to a crypto analyst.
A CatalystData from CoinGlass shows that the firstborn crypto’s open interest dropped by 19%, from $61.42 billion to $49.71 billion, citing that the $12-billion shakeout might be a good thing for Bitcoin.
“Following the recent panic triggered by political instability linked to Trump’s decisions, we witnessed a massive liquidation of leveraged positions on Bitcoin,” DarkFost said.The analyst said more than $10 billion in open interest has been erased in only two months, with an estimated $10 billion wiped out between February 20 and March 4.
DarkFost claimed that the wipeout experienced by BTC earlier this month could serve as the catalyst needed by the coin to regain the momentum that will allow the crypto to move upward.
“This can be considered as a natural market reset, an essential phase for sustaining a bullish continuation,” the analyst explained. Good OpportunitiesDarkFost suggested that the recent ordeal faced by Bitcoin might prove to be advantageous to the crypto in the next few months.
The analyst provided a chart that shows the reset phases by determining the moments when the 90-day open interest change turns negative, adding that the current 90-day change in Bitcoin futures open interest plummeted and is now sitting at -14%.
“Looking at historical trends, each past deleveraging like this has provided good opportunities for the short to medium term,” the analyst added. Influence Of The Federal ReserveSome experts said that the Federal Reserve’s actions might have an impact on what will happen next to Bitcoin.
Today’s meeting of the Federal Open Market Committee could add more volatility to the crypto if there is something unexpected in the monetary policy.
Bitget chief analyst Ryan Lee explained that Bitcoin is already hovering at the $80,000 level and more volatility might be expected in the coin’s price and open interest if the March 19 Federal Open Market Committee meeting delivers any surprises.
“The market largely expects the Fed to hold rates steady, but any unexpected hawkish signals could put pressure on Bitcoin and other risk assets,” Lee said.As of press time, Bitcoin’s open interest stood at $49.02 billion, which is approximately a 6.5% increase over the past five days.
Featured image from The Independent, chart from TradingView
Memecoins Won’t Survive—Cathie Wood Predicts Their Demise
Ark Invest’s Cathie Wood is one of the outspoken supporters of crypto and blockchain technology. As the CEO of Ark Invest, Wood has built her credentials as a certified “stock picker,” pushing Ark Innovation Fund to $23 billion in assets. In addition to her lucrative selections, Wood is a well-known industry analyst.
In her latest statement, Wood predicts that most memecoins will become “worthless” since these assets only rely on celebrity hype, with no real-life use cases.
In an interview, Wood argued that combining artificial intelligence and blockchain technology generates millions of potentially worthless memecoins. She added that her company, Ark Invest, doesn’t plan to invest in memecoins.
Cathie Wood Says Most Memecoins Will End Up ‘Worthless’
Most of the so-called memecoins that are flooding the $2.6 trillion cryptocurrency space will probably end up “worthless,” according to @CathieDWood.
The combination of blockchain technology and artificial intelligence is… pic.twitter.com/n6j27oPP2m
— MetaEra (@MetaEraHK) March 19, 2025
Memecoins Will Have No Value Soon?In a Bloomberg interview, Cathie Wood expressed her sentiments on memecoins, a class of assets created using artificial intelligence and blockchain technology. According to her, many of these coins will soon become worthless.
Memecoins are types of digital assets that were initially created as jokes and a jab at the popularity of Bitcoin and often a reflection of trends and current events. Last February, the Securities and Exchange Commission (SEC) stated that such coins are not securities but are still regulated.
Buyers Of Memecoins, BewareIn the same Bloomberg interview, Wood talked about her insights and recommendations on meme cryptos. When asked about these assets, Wood reminded investors and holders. She shared that there’s a huge possibility that investors can lose money with memecoins and that regulators, including the SEC, will not take full accountability.
Wood’s statement comes amid an increasing attention and demand for these assets after US President Donald Trump took office. Trump launched a meme token that surged on the first few days but is currently trading at a loss.
Wood further stated that these memecoins would turn into “digital collector’s items”, and some of these may withstand the test of time, including TRUMP coin. Last January, Wood warned against investing in the TRUMP token, saying that this asset has no real-life utility.
ARK INVEST RECEIVED $80M OF $BTC FROM COINBASE TODAY
ARK INVEST IS BUYING BITCOIN pic.twitter.com/FmpyoNa15A
— Arkham (@arkham) March 13, 2025
Wood Remains Bullish On Bitcoin And Other AltcoinsMeanwhile, Wood retained her bullish take on Bitcoin and the broader crypto market. She mentioned that the use cases for Bitcoin, Solana, and Ether are expanding and will become important to society.
Recent reports disclosed that Wood’s company recently bought 997 Bitcoins valued at $80 million through Coinbase, underscoring its commitment to the top asset.
Wood has consistently predicted that Bitcoin will pass $1 million in market value by 2030. However, Bitcoin is trading under $82k, down by about 13% this year.
Featured image from Pexels, chart from TradingView
Bitcoin Price Still Ignores Wall Street Demand, BlackRock Exec Warns
In an interview with Yahoo Finance, Robbie Mitchnick—Global Head of Digital Assets at BlackRock—addressed Bitcoin’s recent stagnation and shared why he believes institutional demand may be stronger than its price implies. Despite significant hopes pinned on regulatory developments and a “crypto-friendly” turn at the White House, Bitcoin has spent the early months of 2025 hovering around the mid-$80,000 range, prompting questions about what catalysts might drive the next price rally.
Is Bitcoin Undervalued?Mitchnick acknowledged that Bitcoin started showing considerable strength toward the end of 2024. “Bitcoin is still up, let’s call it 15% or so since the beginning of November,” he noted. This rally, he explained, was fueled by a combination of institutional interest and optimism surrounding potential government endorsement by the Trump administration.
However, he cautioned that “accelerated, perhaps premature expectations of just how quickly some of these catalysts would start to arrive” might have contributed to the market’s more recent price stagnation. According to Mitchnick, many investors and traders anticipated an immediate spike following the White House’s pro-crypto moves. When those gains failed to materialize, some short-term participants began unwinding positions, contributing to downward pressure on Bitcoin’s price.
BlackRock made headlines with its Bitcoin exchange-traded funds, widely recognized for bringing a new wave of institutional exposure to the crypto market. Even so, Mitchnick revealed that inflows have softened: “2024 was pretty incredible, pretty historic on that front. 2025 to start has been more negative. We’ve seen some outflows in the category—relatively modest in the context of the overall asset base, which is close to $100 billion.”
He attributed this downturn mostly to hedge funds unwinding a spot–futures arbitrage trade that had “double-digit” yields in 2024 but has since dipped into the single digits. Mitchnick underscored that these outflows are mainly from short-term traders, rather than the more traditional “buy-and-hold” investor base.
A central question raised in the interview was why Bitcoin has not acted as a safe haven—similar to gold—despite persistent economic uncertainty. While gold has rallied on investor concerns about the economy, Bitcoin has not mirrored that trajectory. Mitchnick suggested that this discrepancy stems from market psychology and what he called “short-term correlation spikes.”
“Bitcoin fundamentally on a long-term basis … should be uncorrelated or even inversely correlated against certain risk factors … But now it’s been extrapolated to things that don’t really make any sense at all—tariffs, economic fears—and the market’s commentary doesn’t reflect what Bitcoin fundamentally is,” Mitchnick said.
He went on to emphasize Bitcoin’s unique attributes—its scarcity, decentralized nature, and existence “outside of any one country’s economic, political, or monetary system.” Over the long term, Mitchnick sees these properties as justifying Bitcoin’s “digital gold” comparison, but concedes that investor behavior often treats it as a high-volatility, “risk-on” asset in the short run.
When asked about the US government’s stance—particularly in light of a Trump administration authorization for a strategic Bitcoin reserve—Mitchnick was cautious, noting that “a lot still [remains] to be determined on that front.” He emphasized that: “What we have clearly seen is a pretty emphatic signal of support and conviction in this industry and particularly in Bitcoin and Bitcoin’s uniqueness … Whether and on what timeline … that might be funded, there’s a few different sources … but it’s certainly not the only source of adoption catalyst in 2025.”
Although speculation is building around whether the government will officially begin stockpiling Bitcoin, Mitchnick stressed that the broader institutional and wealth advisory community continues accumulating positions. These investors, in his view, remain “very excited” by current market conditions despite the recent downturn.
Mitchnick also addressed recent headwinds, including the ByBit hack that briefly dampened market sentiment. He suggested that heightened volatility can shake short-term traders out of the market, but longer-term, more sophisticated holders often see price dips as buying opportunities. According to Mitchnick: “Some of them were taking chips off the table a little bit in the [$100,000] range … Now they see this correction and a lot of them view it as sort of an irrational selloff … We’re trying to bring some quantitative rigor to that as well.”
At press time, BTC traded at $84,197.
Dogecoin Millionaire Club: Wallets Holding 1M DOGE Spike As Bulls Target $1
Dogecoin (DOGE) is flashing bullish signals despite the broader market retrace, as the number of wallets holding 1 million DOGE has surged considerably. With the Dogecoin millionaire club finally making big moves again, DOGE bulls are aiming for a sharp rebound to the $1 target.
Dogecoin Millionaire Wallets SkyrocketDogecoin, along with many other meme coins and altcoins in the market, has faced a two-month crypto-wide retrace, but large holders seem to be taking advantage of the price dip. According to reports from market intelligence platform Santiment, the number of wallet addresses holding at least 1 million DOGE tokens has steadily increased, suggesting that whales are accumulating rather than selling.
Since early February, the amount of DOGE millionaire addresses has surged by 62 wallets, marking a 1.24% increase. Additionally, active addresses have skyrocketed past 150,000 per day, the highest level since mid-November 2024.
This increased network activity signals sustained user engagement and a surging interest and confidence from whales. Moreover, a rising wallet count suggests that users are entering the market again, driving adoption and increasing trading activities.
Historically, increased wallet numbers among large holders have correlated with bullish trends in the Dogecoin price. This is because, cumulatively, these whales hold a significant portion of the cryptocurrency circulating supply.
If Dogecoin continues to see a surge in its millionaire wallets and active addresses, it could set the stage for a strong rebound once the broader market stabilizes. Santiment also shares a similar sentiment, as its report reveals that an increase in Dogecoin’s utility and smart money signals a potential turning point soon.
Currently, the meme coin’s price action remains uncertain due to the market’s downturn. Dogecoin continues to face significant volatility and declines. Its price has crashed by over 40% in the past month, pushing it down to $1.67, according to CoinMarketCap.
Dogecoin Bulls Target $1 Price SurgeWhile its network records a rise in large holder wallets, Dogecoin’s price has been forecasted to reach the coveted $1 mark in this bull cycle. Sharing a technical chart analysis of the meme coin’s price action, Trader Tardigrade revealed that the weekly candle has closed with a Doji.
A Doji candle is a neutral candlestick pattern that signifies indecision between buyers and sellers. It also shows a nearly identical open and close crypto price. This candle signals a potential trend reversal, particularly if a cryptocurrency is at the end of a strong downtrend or uptrend.
According to Trader Tardigrade, Dogecoin’s weekly Doji candle indicates a reversal to the upside. If the cryptocurrency can continue on its upward momentum, the analyst projects a surge to $1 before the end of 2025. This surge would represent a massive 498% price increase from DOGE’s current market lows.
Bitcoin-Backed Borrowing? Gibraltar Bank Rolls Out $1 Million Loans
Xapo Bank announced a new loan service that lets customers use their Bitcoin as collateral, marking another step in cryptocurrency’s move toward mainstream financial services.
The service allows qualified members to borrow up to $1 million against their Bitcoin holdings, though UK and Australian clients are excluded.
Major Wall Street Firms Join Bitcoin Financing RaceXapo Bank has become known in the conventional banking sector as an early adopter. During the pandemic-driven BTC frenzy, it became one of the first banks to open a physical headquarters in Europe by settling in Gibraltar, a British overseas territory.
Conventional financial powerhouses are entering the market as cryptocurrency becomes more popular in the United States. Renowned financial bank Cantor Fitzgerald has established a Bitcoin finance section on their own.
According to sources, the company has partnered with crypto companies Anchorage Digital and Copper.co to help its expanding global Bitcoin operation.
Last year, the bank received regulatory license in the UK and started providing interest-bearing BTC accounts in addition to standard banking services.
Xapo Bank Debuts Bitcoin Loans, Calls Out ‘Predatory’ Crypto Lenders
The private bank’s new service allows customers to access up to $1 million in Bitcoin-backed debt. Read more: https://t.co/rBhwnAHu7g pic.twitter.com/qPtcWOrDgA
— Mars Signals (@MarsSignals) March 18, 2025
Coinbase Revives Bitcoin-Backed Loans Through New PartnershipCoinbase previously offered digital currency-backed loans but stopped the service in 2023. The company has now restarted lending through a partnership with Morpho Labs, using decentralized lending protocols.
Their current service allows US users (except those in New York) to borrow up to $100,000 in USDC stablecoins.
Max Branzburg, Coinbase’s vice president, stated that the product aims to improve the crypto’s usefulness in a decentralized setting. The service streamlines borrowing by eliminating credit checks and fees, though borrowers must keep an eye on their collateral value to avoid liquidation.
The new Coinbase service runs on Base, the company’s Ethereum layer-2 network. When customers take out loans, their crypto collateral is automatically converted to Coinbase Wrapped Bitcoin (cbBTC), a token backed one-to-one by BTC held in Coinbase custody.
Centralized Vs. Decentralized: Different Approaches To Crypto LendingWhile some services use decentralized finance (DeFi) protocols, Xapo represents a more traditional, centralized approach. Customers must first get approval from the bank, and their Bitcoin is stored “in a vault until the loan is paid back,” with loan terms extending up to one year.
Seamus Rocca, CEO of Xapo, acknowledged that many long-term crypto holders became wary of crypto-backed lending after witnessing “predatory lending and faulty products” in the market. “That’s why we’re doing things differently,” he said.
These services mostly help Bitcoin holders to acquire cash without selling their assets and generating taxable transactions.
Featured image from Gemini Imagen, chart from TradingView
Ethereum’s Price Action Paints One Of Its Worst Charts Ever, What Comes Next For ETH?
Ethereum, the second-largest digital asset has been lagging behind other major crypto assets, raising questions about its short-term prospects. While these coins have achieved new all-time highs in the ongoing cycle, ETH has been on a downtrend after revisiting the $4,000 level. A crypto analyst considers the current action as one of the worst since the asset entered the market.
Worst Ethereum Chart In Years EmergesThe bearish state of the market has been reflected significantly in Ethereum price action in the past several weeks. Seasoned crypto analyst and trader Mags revealed that ETH is at a pivotal moment as it grapples with severe negative performance.
Delving into ETH’s action in the ongoing bull market cycle, Mags highlighted that the altcoin has “one of the worst charts of all time.” His prognosis implies that this current bull cycle might be the least productive for the asset since its inception, with traders uncertain about its potential of hitting a new all-time this cycle.
Looking at the chart, Ethereum seems to have made multiple bullish attempts in the past year that were cut short by strong resistance. Mags noted that the price tried 3 times throughout this cycle but failed to break above the range high of $4,000.
Each failed attempt has led to a deeper retracement as seen in the chart. On the last rejection, the price broke down much lower than the mid-range in addition to trading below the upward-slopping trendline support from the cycle bottom.
As a result, the market expert has identified two potential paths for its price trajectory in the short term. One path suggests a much larger bearish movement and the other hints at a significant upside trend, allowing it to reclaim critical resistance levels and triggering renewed momentum.
For the first scenario, Mags has pointed out that ETH keeps heading toward the downside without any major support. Thus, he believes that the altcoin is at risk of a deeper decline to the range low of $1,060. In the second scenario, Mags claims ETH might move to the $4,000 mark to make another bullish breakout attempt after reclaiming the $2,500 level.
However, from a more technical standpoint, the expert is confident that the bearish scenario is more likely to happen, predicting an extension of the ongoing descent. Meanwhile, for ETH to turn bullish again, it must at least revisit the upward-slopping trendline on the chart.
Breakout Opportunity Emerges For ETHWhile ETH eyes further decrease, key developments hint at growing momentum for an upsurge. Technical expert Jonathan Carter has spotted a Descending Channel formation on the Ethereum chart in the 2-hour time frame.
Historically, a descending channel pattern has served as a precursor for an upswing. With the price trading within the pattern and drawing closer to the upper resistance trendline, ETH is likely to break out to the upside.
When the breakout from the resistance trendline occurs, Carter predicts a push to multiple targets such as $1,962, $2,143, $2,320, and $2,530. This trend reversal is expected to be bolstered by increased volume during a breakout attempt.
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