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BREAKING: Trump Greenlights Crypto Strategic Reserve — Includes XRP, SOL, and ADA

Another pleasant day in the world of cryptocurrencies as US president Trump made a major announcement boosting crypto prices back to bullish zone. The news of a Crypto Strategic Reserve’ which will include Ripple (XRP), Solana (SOL), and Cardano (ADA) has taken the market by a sweet surprise.

Trump: “I Will Make Sure the U.S. is the Crypto Capital of the World”

Today, President Trump directed the Presedential Working Group on Digital Assets to ‘move forward’ on a Crypto Strategic Reserve’ which will include Ripple (XRP), Solana (SOL), and Cardano (ADA).

Trump took to Truth Social to announce his decision. The Executive Order is yet to be published.

The Presidential Working Group on Digital Assets was established by an executive order on January 25th, 2025, five days after Trump swore in.

Per the Jan 25 Executive Order, the working group is tasked with ‘developing a Federal regulatory framework governing digital assets, including stablecoins, and evaluating the creation of a strategic national digital assets stockpile.’

Source: Donald J. Trump/Truth Social
Source: Donald J. Trump/Truth Social

Truth Social, a micro-blogging site, is owned by Trump Media and Technology Group, Trump has a majority share in this company.

This working group is chaired by the White House AI & Crypto Czar David Sacks. The group also includes the Secretary of the Treasury, Scott Bessent, and the acting Chairman of the Securities and Exchange Commission, Mark T. Uyeda. Uyeda will serve till the Senate clears Paul Atkins’ for the role.

Additionally, ‘the heads of other relevant departments and agencies’ are also part of the working group.

How did the Crypto Market React?

Unsurprisingly, XRP, SOL, and ADA took off sharply after Trump posted on Truth Social. XRP jumped around 20%, crossing the $2.7 mark; SOL was sitting at the $160.9 mark, a sharp 20% spike, when writing this report. ADA too was up around 20%, just shy of the $1 mark at $0.99.

Solana was not behind with over 20% gains in a few hours.

Cardano was the star of the show gaining over 55% in the last few hours. XRP, SOL, and ADA have quite a history in this young industry. Ripple, the entity behind XRP, has been working with governments to adopt a blockchain based global money transfer system, based on the XRP chain. The USP of this blockchain is cost-efficiency, speed, and decentralized record keeping.

Note that, Ripple’s infamous court battle with the SEC is expected to end soon. Undoubtedly, XRP’s inclusion in the Crypto Strategic Reserve super bullish for the industry and the crypto.

During the Biden administration, Ripple scored a landmark victory in the SEC vs Ripple case, when a a District Court judge ruled that XRP was not a security.

Meanwhile, Solana, a diverse and rich ecosystem of cryptocurrencies is also sure to benefit from this move.

ADA, the native token of the Caradano blockchain. Started by Charles Hoskinson, a legacy blockchain developer, this blockchain is a niche ecosystem in the otherwise wild and price-focused market. Notably, Hoskinson was part of the Ethereum core development team.

BTC and ETH ‘at the heart’ of the Reserve

Bitcoin and Ethereum reacted positively to the news, with BTC climbing 3% to the $90,000 mak. Ethereum, meanwhile, was also up 3.6%, hitting the $2329 mark.

Shortly after announcing the Executive Order, Trump posted that BTC and ETH would be central to the reserve. ‘I also love Bitcoin and Ethereum!’

Accusing Biden of making corrupt attacks on the ‘critical industry,’ the president suggested more focused actions for this industry. He reiterated the promise of making the U.S. the crypto capital of the world.

The mechanics of a crypto strategic reserve are not clear yet, however, it will likely be clearly described in the executive order. The order will be published in a few days.

Amid an ongoing bearish phase, this news comes as a booster, pumping XRP, SOL, and ADA to come out of the prolonged lull.

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Altcoin Crypto Dogecoin News

Dogecoin’s LTHs In ‘Denial’ — Why It Could Still Be Right For Them To Hold On?

Dogecoin Long-Term Holder NUPL (Net Unrealized Profit/Loss) suggested that long-term DOGE holders are currently in a state of denial as their unrealized profits decline.

Initially, in early December, DOGE holders were in a state of euphoria, suggesting that their unrealized profits were high and expectations were strong.

However, by mid-December, the sentiment shifted to belief, marking a transition where investors were still confident but facing reality as the price began to decline.

DOGE Long Term Holder NUPL | Source: Glassnode
DOGE Long Term Holder NUPL | Source: Glassnode

DOGE price also saw a sharp drop in late December, coinciding with a decrease in NUPL from above 0.72 to nearly 0.48.

Throughout January and February, the NUPL remained in the belief zone, even as the price trended downward.

This suggested that holders expect a recovery despite declining profits, characteristic of denial in market cycles.

If the trend continues downward, a transition to fear or capitulation could follow, leading to panic selling.

Conversely, if demand picks up and price stabilizes, optimism and a return to belief could occur, reinforcing market resilience.

DOGE Follows 2017-2018 Pattern

Further analysis shows Dogecoin price appears to be replicating its 2017-2018 bull run pattern, signaling a potential major breakout. This highlighted a large descending triangle from 2015 to 2017, followed by a strong breakout rally.

The price consolidated within this structure before a parabolic surge occurred. Now, DOGE is forming a similar pattern between 2021 and 2025, with a well-defined descending triangle, lower highs, and compressed price action.

The previous breakout from the 2017 pattern sent DOGE soaring from approximately $0.0003 to over $0.01, a 3,000% gain.

Source: Trader Tardigrade/X
Source: Trader Tardigrade/X

If history repeats itself, DOGE could move from its current consolidation range around $0.08-$0.50 to over $0.70 or even $1.00. DOGE price first saw compression then accumulation, similar to the 2017 structure.

If Dogecoin price follows the same trajectory, it could see an explosive rally, potentially pushing prices beyond $1.00 in the next cycle.

However, failure to break out could lead to prolonged consolidation, delaying a bull move. Whether history repeats itself or diverges, Dogecoin’s next move is approaching a critical juncture.

Dogecoin Price Monthly Trend

Additionally, the monthly chart revealed a clear uptrend as long as Dogecoin price remains inside the rising channel.

The structure mirrors previous 50-bar cycles, with a major breakout occurring after each cycle completion.

Historically, DOGE surged following these consolidation phases, as seen in January 2018 and May 2021, both marked by strong bullish impulses.

Currently, DOGE is trading at $0.3347, just under the $0.3350 resistance level, which serves as a key trigger for bullish continuation.

Source: TradingView
Source: TradingView

If price breaks and holds above $0.3350, the next levels to watch are $0.4700, $0.9650, and potentially $2.10.

The extension suggested a long-term move towards $5.00 or higher, should DOGE replicate past performance.

Conversely, failure to sustain momentum within the channel could lead to a retest of $0.1150, the lower support. A breakdown from this level would indicate further downside towards $0.0420.

However, if DOGE follows its historical pattern, a major surge is imminent, making $0.3350 the crucial pivot point for the next rally.

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Altcoin Altcoins Crypto News Solana

Solana Price Dips Below $160 as $1.77 Billion FTX Unlock Looms

Solana price action has been under pressure as investors react to the upcoming unlock of 11.2 million SOL tokens by the defunct exchange FTX, set for March 1, 2025.

This event could flood the market, pushing prices down, but some see the dip as a chance to buy low.

Solana Price Dips Below $160

The price crash saw Solana fall below $160 for the first time in 2025, last seen at $159.64 on October 20, 2024. Over the past month, it dropped more than 35%, with a current market cap of $78 billion and fully diluted valuation of $95 billion.

While many are selling off, data from Deribit shows large investors, or “whales,” are using put options—contracts to sell at a set price—to protect against further drops, with 80% of block trades being puts, totaling $32.39 million out of $130.74 million in options activity last week.

Solana price crash below $160 is notable, as it hadn’t traded at this level since October 20, 2024, when it closed at $159.64.

SOL/USDT Chart | Source: Trading View
SOL/USDT Chart | Source: Trading View

At the time of writing, SOL is trading at $158.33, still below the $160 threshold, according to Coinmarketcap data. The token has seen a 7.9% drop in the past 24 hours, over 13% decline over the past week, and more than 35% fall in the past 30 days.

This sustained downward trend reflects growing investor wariness ahead of the FTX unlock.

The FTX Unlock: A Supply Shock on the Horizon

The upcoming unlock by FTX involves releasing 11.2 million SOL tokens, worth approximately $1.77 billion, on March 1, 2025.

This event is expected to flood the market with additional supply, potentially leading to selling pressure and further price drops.

Investors fear that FTX, once a major player in crypto, could trigger a significant sell-off, exacerbating the current price decline. This concern is rooted in the basic economic principle of supply and demand, where increased supply without corresponding demand can depress prices.

The market’s reaction extends beyond price, impacting Solana’s ecosystem metrics. According to data from DeFi Llama, Solana’s decentralized exchange (DEX) volume has decreased by 36.66% in the past week. With the current weekly DEX volume at $16.6 billion and daily volume at $1.5 billion.

Solana DEX Volume | Source: Defillama
Solana DEX Volume | Source: Defillama

This decline mirrors the price drop, indicating reduced activity across trading platforms. Since February 24, 2025, Solana has lost nearly $10 billion in both market cap and fully diluted valuation. This underscored the broad impact of the unlock fear.

SOL Options Data Signals Caution

Derivatives markets also show signs of caution. Data from Amberdata reveals that SOL block trades on Deribit accounted for nearly 25% of all Solana options activity. These totaled $32.39 million out of $130.74 million.

This is the second largest portion of SOL block trades ever recorded. They were nearly 80% of these block trades concentrated in put contracts.

Put options are often used to hedge against price declines or speculate on further drops. This activity suggests that large investors, or “whales,” are preparing for or expecting additional volatility. Whales are protecting their positions from potential losses.

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Altcoin Altcoins Crypto News

Wintermute on AI Crypto Coins: How GOAT Could Perform After 93% Fall

Recently, cryptocurrencies have seen extreme market manipulation. It usually involves strategic trading to sway the price in a desired direction. These manipulations can be seen in the creation of red (selling) and green (buying) candles at significant volumes. Ai crypto coins have been at the centre of such manipulations.

Wintermute alongside exchanges like Binance and Kraken, allegedly got involved in buying and selling GOAT tokens. They artificially inflated and deflated the prices through these large orders.

The potential scenarios for GOAT following such manipulative actions were twofold. It could be a pump followed by dump and vice versa.

When Wintermute purchased large amounts of GOAT, possibly in coordination with exchanges, prices surged. As retail investors followed the upward momentum, perceiving it as a buying signal.

GOAT activity | Source: The Coin Republic
GOAT activity | Source: The Coin Republic

Conversely, when Wintermute started selling off GOAT, the price plummeted. As other traders react to the sell-off, fearing a significant downturn.

If the market perceives the pump as manipulation, confidence could wane, leading to a sell-off even amidst buying.

Similarly, a perceived over-sell could attract buyers looking for a bargain. Potentially stabilizing or increasing the price after an initial drop.

AI Crypto Coin GOAT Price Action

Following the steep 93% decline in GOAT’s price since its November peak at 1.4, analysis pointed to increased market pressure, potentially influenced by the market maker alongside major exchanges.

Currently, with GOAT’s price hovering around 0.084, the RSI at 34 suggests that the asset is entering oversold territory, although the MACD’s continued bearish trend indicates that downward momentum is still strong.

This implied ongoing manipulation tactics such as wash trading or sell walls that suppress price recovery.

Should volume increase and GOAT’s price manages to break above the critical resistance at 0.09, this could signal a potential reversal.

This would require substantial buying pressure, which might come from either a shift in market maker strategies or a genuine increase in investor interest, possibly in response to new developments within the GOAT project.

GOAT 12-hour chart | Source: X
GOAT 12-hour chart | Source: X

Alternatively, if the bearish pressure continues, likely fueled by sustained sell-offs from large holders or manipulative practices, GOAT could see further depreciation.

This would be especially likely if investor sentiment remains low and no significant positive catalysts emerge.

These manipulative practices could cap any bullish trends, leading to potential traps for retail investors.

Conversely, a perceived bottom could attract speculative buying, driving brief price spikes that do not necessarily change the long-term downtrend.

Following this manipulation, price could be set to rally as it has been the case historically where cryptos surge after significant manipulation.

GOAT Spot Inflow/Outflow Ratio

Further dive into the inflow/outflow ratio for the AI meme coin, GOAT, showed detailed values over time with significant fluctuations during specific periods.

Currently, the inflow/outflow ratio stands at 0.65, indicating a higher outflow, which traditionally signals selling pressure.

Over the past month, this metric fluctuated from a high of 0.88 to a low of 0.43.

GOAT inflow/outflow ratio | Source: Coinglass
GOAT inflow/outflow ratio | Source: Coinglass

These values depicted that more tokens were being moved out of exchanges than are being deposited, which can imply that holders are either taking profits or losing confidence, leading to price declines.

If this trend continues, GOAT may face further downward pressure unless a shift leads to higher inflows and buying momentum, potentially stabilizing or increasing its market price.

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Altcoin Altcoins Crypto ETFs News Solana

Solana Crypto Secures Fresh Boost as Sol Strategies Welcomes New Milestone

On February 20, Sol Strategies announced that it had been selected as a staking provider for Tetra Trust. This is a notable achievement for the firm, known as Canada’s first licensed digital asset trust company. This alliance could significantly boost the Solana (SOL) crypto ecosystem.

As a result of this new development, institutional clients, including 3iQ’s upcoming Solana Staking ETF, can now access secure, regulated services via Solana.

The Sol Strategies Update

Solana may enter the season of more institutional adoption with this new partnership between Sol Strategies and Tetra Trust.

Sol Strategies will provide its validator infrastructure directly through Tetra’s custody platform as an approved staking provider for the firm.

Leah Wald, CEO of Sol Strategies, acknowledged the integration, citing that.

“Being selected as a staking provider for Tetra’s platform marks another significant milestone in institutional Solana adoption. This integration creates a seamless experience for institutional clients seeking secure, regulated access to Solana staking.”

Generally, Tetra Trust is known for delivering custody solutions to several of Canada’s leading digital asset investment products.

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It allegedly has a proven track record of providing institutional staking infrastructure across several regions. This feature endeared it to Tetra Trust, according to Didier Lavallée, the company’s CEO.

Tetra Trust admits that integration is core to the continuity of its services, particularly in providing comprehensive crypto offerings to its institutional clients.

Solana Crypto Price and Future Outlook

One of the most thriving sectors on Solana is the memecoin niche which may experience a sizable push due to this latest development. In the last few weeks, the altcoin has followed a downward trend, losing much of its gain.

From trading above $250, analysts are already predicting that SOL may drop to $125. This projected price level is tied to the potential coin’s inability to sustain the $160 support.

It is worth noting that market trader ‘best_analysts’ recently highlighted the $200 resistance level as a key rejection zone.

This revelation further reinforces the SOL’s bearish outlook. Overall, there is selling pressure in the SOL ecosystem, and concerns about further downside risks have been raised.

However, in the meantime, the coin has recorded a slight recovery, probably triggered by the Sol Strategies and Tetra Trust partnership.

At press time, SOL price traded at $174.01, corresponding with a 2.33% increase in the last 24 hours.

Solana ETF Advantage

On the one hand, the prospect for Solana ETF approval remains high

Franklin Templeton submitted one of the most recent filings for this product with the US Securities and Exchange Commission (SEC). The firm officially registered the Franklin Solana Trust entity to launch its spot Solana ETF.

The SEC recently confirmed Canary Capital’s Solana ETF proposal after financial institutions demonstrated a growing interest in SOL ETF.

The approval of a Solana ETF could mark a vital turning point as it can potentially increase institutional capital flows.

Solana crypto can also mirror the performance of Bitcoin and Ethereum ETFs. This could validate SOL as a true financial asset that may attract hedge funds, pension funds, and retail investors.

More than the previous $250 price levels, this ETF may bring SOL on the road to reaching $500 price mark. However, this forecast hinges on the outlook of the broader crypto industry moving forward.

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Altcoin Altcoins Crypto Dogecoin News

What’s Next For Dogecoin Price As Whales Sell 100M DOGE?

In a major market movement, a Dogecoin whale transferred a sum of 100 million DOGE, worth around $25.42 million, to the crypto exchange Binance. This significant transaction has generated debates about future Dogecoin price directions

Dogecoin Whale Significant Transaction

According to data from Whale Alert, a Dogecoin whale moved 100 million DOGE worth $25.42 million through Binance cryptocurrency exchange transactions. The substantial transfer took place through the address “A8tdnDg3oxG” which remains anonymous.

The substantial transfer has created uncertainty among cryptocurrency analysts and investors about a downward pressure on Dogecoin price.

Market experts track the impact of whale transactions due to their signaling power for shifting market patterns. Analysis revealed no significant price drops yet demands close attention in this period.

Potential Breakout from Current Patterns

Crypto analyst Ali Martinez points out that Dogecoin price shows signs of a symmetrical triangle pattern in its trading charts which indicates an impending price movement. His assessment predicts this price pattern will drive prices up or down by about 25% marking an important phase for the cryptocurrency.

Dogecoin price chart | Source:X
Dogecoin price chart | Source:X

In addition, the technical setup described by Martinez serves as an indicator that traditionally signals large price movements across crypto markets.

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As Dogecoin approaches the peak of its triangle pattern traders await market sentiment to determine whether the price will break through upward and form a bullish trend or fall downward for a bearish outcome.

Market Consolidation Amidst Volatility

In the last seven days, Dogecoin price dropped by 2% which aligns with general market patterns. Price stability could emerge from this consolidation phase yet market forces could also bring forth major price movements.

Meanwhile, recent analysis shows that the Dogecoin price chart displays a bullish potential based on the Golden Cross pattern which shows the 50-day moving average surpassing the 200-day moving average. As DOGE is gaining market activity, the liquidity map on Gate.io  shows strong support at $0.2336 and resistance at $0.2621.

Dogecoin ETF Impact

More so, the NYSE Arca’s recent submission to list a Grayscale spot Dogecoin ETF introduces fresh elements into market sentiment surrounding Dogecoin. If the U.S. Securities and Exchange Commission approves the Grayscale spot Dogecoin ETF it will spark positive investor sentiment leading to higher Dogecoin price.

The hype surrounding this ETF marks the first step for the financial entity to embrace a cryptocurrency long viewed with suspicion for its ‘meme’ origins.

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Altcoin Altcoins Crypto News

BlackRock’s Silent Power Play in Strategy’s Bitcoin Pivot

Strategy, previously known as MicroStrategy, rebranded on February 5, 2025, to reflect its focus on Bitcoin. It has been buying Bitcoin since 2020, now holding 478,740 BTC, valued at $46.4 billion as of recent purchases on February 10, 2025.

Despite a $670-million net loss in Q4 2024 as reported on Feb 5, it bought 218,887 BTC, its most aggressive period yet. BlackRock, managing $11.6 trillion, also runs the iShares Bitcoin Trust ETF and increased its Strategy stake, signaling interest in crypto through corporate exposure.

Strategy’s Aggressive Bitcoin Accumulation

Strategy rebranded on February to emphasize its Bitcoin focus. Since 2020, under CEO Michael Saylor, it has amassed 478,740 BTC, valued at $46.4 billion based on a Bitcoin price of $97,567, as per recent data.

Its Q4 2024 earnings, disclosed in public reports, revealed a $670-million net loss. Yet it purchased 218,887 BTC, marking its most aggressive accumulation, according to Strategy’s filings.

Strategy’s $2-billion offering, detailed in a press release on 20th Feb 2025, features senior convertible notes with a 0% coupon, maturing March 1, 2030.

According to the press release, each $1,000 note converts to 2.3072 shares at $433.43 per share, a 35% premium over the current market price of approximately $321, calculated from the premium.

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Conversion terms adjust with market conditions, and it targets qualified institutional investors, with an option for an additional $300 million within five business days, as per Strategy’s announcements.

BlackRock’s 5% Strategy Stake: A Vote of Confidence?

BlackRock, managing $11.6 trillion, increased its Strategy stake to 5% on February 7, 2025, per SEC filings. This followed a 2.8% stock surge, tracked on TradingView.

BlackRock’s iShares Bitcoin Trust ETF complements this move, offering direct crypto exposure, while its Strategy stake provides indirect access via corporate holdings. This dual approach, noted in market analyses, suggests strategic diversification.

The market responded positively, with Strategy’s stock rising 2.8% on February 7, 2025, per TradingView data. SaylorTracker reports unrealized gains of over $15 billion, with a 49% return on Bitcoin investments.

Additionally, 12 U.S. states hold $330 million in Strategy stock, indicating institutional interest, as per public reports up to February 20, 2025. California, Florida, Wisconsin, and North Carolina stand out as some of the U.S. states with the largest investments in Strategy stock.

Looming Tax Dilemma

The Coin Republic previously highlighted MicroStrategy’s looming tax challenge tied to its Bitcoin stash. The company’s $47 billion in holdings, including $15 billion in unrealized profits, could trigger a hefty bill under the U.S. corporate alternative minimum tax (CAMT).

New FASB rules this year require firms to report crypto at fair value, boosting MicroStrategy’s retained earnings by up to $12.8 billion and deferred tax liabilities by $4 billion.

This shift ties Bitcoin directly to financial statements, heightening exposure to regulation and market swings. Meanwhile, the IRS plans to monitor crypto trades on exchanges starting in 2025, hinting at tighter oversight.