Category: Bitcoin

Categories
Altcoin Altcoins Bitcoin Crypto News Solana XRP

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.

Categories
Bitcoin Crypto News

Bitcoin Price Still Below $90K: 12% Of Addresses At A Loss

The market reacted strongly to Bitcoin’s brief fall beneath $90,000, which caused panic among traders and financial investors. The recent price drop caused Bitcoin addresses to reach 12% negative unrealized loss status, the highest since October 2024 peak.

Bitcoin Historical In/Out of the Money | Source: Intotheblock
Bitcoin Historical In/Out of the Money | Source: Intotheblock

A loss becomes unrealized when investors maintain ownership of assets that lost value before selling them.

The Bitcoin holders who maintain their assets would experience losses if they decided to sell their coins at the present market value.

This significant rate of addresses experiencing losses indicates a change in market sentiment because investors now show concern about additional price declines.

Moreover, the ongoing decline of the Bitcoin price below a technical parallel channel pattern suggests investors should prepare for a deeper market correction.

The asset may move toward $81,000 if Bitcoin fails to regain $92,500 support, and this development would cause additional stress for investors who already showed signs of nervousness.

Bitcoin Faces Bearish Sentiment Amid Regulatory News

The price decline of Bitcoin occurs amid mounting regulatory pressure alongside changing market sentiment, which intensifies the market’s uncertainty.

The sentiment index for Bitcoin reached its lowest point since January 2025 at 14.7% during the previous month.

With this shift, the market shows rising investor uncertainty as well as skepticism, which explains this sudden price change.

Source: CryptoQuant
Source: CryptoQuant

Additionally, the bearish market sentiment continues to grow stronger because of existing regulatory obstacles. The Wyoming state legislature made a decision on February 10, 2025 to deny bill (HB0201), which would enable state public funds to invest in Bitcoin.

A 1-7-1-0 vote by the H09 – Minerals committee resulted in the failure of the Wyoming state legislature proposal to establish Bitcoin reserves, thereby eliminating any near-term possibility for Wyoming to hold Bitcoin reserves.

Therefore, the state of Wyoming faced a significant setback in Bitcoin adoption following this regulatory decision, which stands against cryptocurrency adoption throughout the United States.

Such a bill passing through the legislature would have inspired additional states and institutions to establish Bitcoin reserves, which could boost its future value. The rejection led investors to worry about stricter regulations, which caused them to become even more cautious.

Moreover, Bitcoin faces difficult short-term conditions as the market sentiment stands at its lowest point in a month and Bitcoin faces both price difficulties and political barriers.

Will BTC Price Drop to $81K as it Breaks Below Key Support Levels?

According to an analysis posted on X by Ali Charts, the technical setup of Bitcoin continues to worry traders because it broke through an essential parallel channel, which indicates potential trend change or continuation.

Bitcoin’s future depends on its ability to rise above $92,500 within the next period, as experts predict $81,000 will become the next important support level.

The price movements of Bitcoin have consistently played in the parallel channels, a price pattern that often signals either a trend continuation or reversal.

Source: Ali Charts
Source: Ali Charts

In December 2024, Bitcoin experienced a steep price drop, which ended with a support level near $85,000.

The asset recovered at that time, but current negative market sentiment leads investors to predict another major price drop.

$92,500 functions as an essential threshold that demands significant attention. A successful breakout above $92,500 would likely restore bullish momentum that could drive Bitcoin prices towards $95,000 or higher.

Bitcoin will face increased prospects of reaching the $81,000 support level if it fails to surpass this key resistance level.

Categories
Bitcoin Crypto News

Bitcoin Retail Investor Demand Grows as Sell-Side Risk Drops — What’s Next for BTC Price?

Bitcoin retail investor demand recently shifted back towards the neutral zone around 0%. Historically, changes in this metric have had a correlated impact on BTC’s price trajectory.

Notably, the current recovery from a steep -21% to 0% suggests a possible rekindling of retail interest. Reminiscent of past patterns where retail demand recovery often preceded price increases.

Similar recoveries in demand, such as the one in July 2024 from -19%, were followed by a gradual uptick in Bitcoin price over a period of three months.

BTC Retail Investor Demand | Source: CryptoQuant
BTC Retail Investor Demand | Source: CryptoQuant

If this pattern holds, there could be a delayed response in price adjustment, potentially signaling a bullish outlook in the short-term future.

On the other hand, the substantial volatility in retail investor sentiment also presented a risk of rapid sentiment reversal, which could lead to sudden price declines if negative trends re-emerge or external market forces exert downward pressure.

Bitcoin Sell-Side Risk Ratio

Further look at the Bitcoin Sell-Side Risk Ratio showed notable decrease to historically low levels, suggesting a local bottom and signals an accumulation phase with reduced selling pressure.

This fall to values around 0.08% aligns with past patterns where such dips precede periods of market stabilization or bullish reversals, indicating a potentially favorable entry point for investors.

Historically, every significant drop in this ratio, such as those in November 2023 and September 2024, often followed by a gradual increase in Bitcoin’s price, as seen in subsequent months.

BTC sell-side risk ratio | Source: Ali/X

For instance, the reduction in November 2023 led to a gradual price recovery in the following months, reflecting decreased sell-side pressure and increased buying activity.

Conversely, while the low sell-side risk ratio suggests a bullish outlook, the opposite scenario could unfold. This could lead to sustained low prices or further declines if new negative drivers emerge, despite the current low risk of sell-side pressure.

Where is BTC Price Headed?

For price action, BTC price is in a consolidation phase within a well-defined trading range, largely bounded by critical price levels that serve as key psychological and technical pivots.

The upper boundary of the range is currently established around $99,000, where previous resistances have halted upward movements.

The lower boundary, providing substantial support, lies near $95,000, a level where significant buying pressure has historically materialized.

Currently trading at $95,700, Bitcoin is near the lower boundary of its recent range, suggesting a pivotal zone where traders might anticipate potential buying opportunities.

If Bitcoin holds the support at $95,000, a rebound towards the upper boundary of $99,000 is likely. A breakout above this level could set the stage for a move towards $104,000, following the established pattern of upward breaks from this trading band.

BTC/USDT weekly chart | Source: Trading View

Conversely, a breakdown below $95,000 could trigger a sell-off, targeting lower supports at $90,000 and $86,000, as these levels align with historical pullbacks and psychological thresholds.

Each time Bitcoin has tested the lower end of its current range, a recovery ensued, often reaching or surpassing the upper end.

However, repeated tests of support without a significant breakout above the range could weaken buyer momentum, potentially leading to a bearish downturn.

Categories
Bitcoin Crypto News

Bitcoin Price Poised For Rapid Recovery Amid ‘Everything Bubble’ Crash

Renowned investor Robert Kiyosaki made news again, predicting that massive market-wide failure would affect stocks, bonds, real estate, gold, silver, and Bitcoin.

However, Kiyosaki sees Bitcoin’s price decline as a chance to purchase an asset that will recover quickly from the Everything Bubble.

According to Kiyosaki, Bitcoin’s market downturn marks an attractive moment for investors to make purchases since the digital currency will recover faster than all other assets following what he names the “Everything Bubble.”

Source: X

The ‘Everything Bubble’ and the Looming Market Collapse

Kiyosaki gave these remarks during rising indications that markets could soon experience a massive economic collapse.

The “Everything Bubble” indicates a rapid asset price expansion that affects properties, stocks, and precious metals categories, including gold and silver.

Massive monetary printings by central banks have caused asset values to increase rapidly, which many observers consider fundamentally unsustainable.

– Advertisement –

Kiyosaki believes the upcoming market collapse will strike all economic sectors.

Previous economic events have proven such circumstances to be common occurrences.

The past few decades have witnessed this type of market collapse twice, the most prominent event being the 2008 financial crisis that caused severe falls in standard asset values.

Based on his fundamental economic understanding, Kiyosaki provides clear evidence for a potential financial collapse.

He regularly attacks the present monetary structure, with special emphasis on United States dollar-style “fake” money.

His urgent message is that investors should expect severe trouble because the traditional financial structure proves unstable.

Bitcoin’s Decline: A Buying Opportunity, Not a Sell Signal

The upcoming market uncertainty does not deter Kiyosaki from supporting Bitcoin.

The question of a Bitcoin price drop made him state firmly that he would not sell his current Bitcoin holdings.

He stated he would use a large delivery truck to acquire additional Bitcoin when its value decreases because Bitcoin functions as anti-inflation protection when inflationary forces potentially cause market instability.

Kiyosaki demonstrated this perspective when making similar statements previously. In all his public statements, he advocates Bitcoin as a sanctuary against financial uncertainty.

According to him, Bitcoin presents more substantial attributes than fiat money.

Its decentralized structure and fixed supply outpace central bank-controlled currencies that central banks can issue without boundaries.

The price instability of Bitcoin does not trouble Kiyosaki because he values its potential as long-term wealth storage beyond spiraling inflation.

The current Bitcoin price pattern indicates how the crypto asset stands against economic declines.

Bitcoin maintained its value at $98K as of press time, recovering from its recent price consolidation around $96K.

Analysis of current Bitcoin market trends indicates that this asset already demonstrates stabilization strength in a declining market environment.

Economic expert Kiyosaki looks forward to Bitcoin regaining strength in the aftermath of its crash.

According to his prediction, Bitcoin will bounce back quickly from a market crash to reach all-time price highs that surpass current peaks.

Categories
Bitcoin Crypto News

Bitcoin Price Recovering Amid Rising Open Interest and Declining Sell Pressure?

Bitcoin bears have been dominant for the last 3 weeks or so, with sentiment increasingly leaning on the side of FUD. However, fresh signs indicate the possibility of a bullish conclusion for Bitcoin price in the last week of February.

According to CryptoQuant analyst ShayanBTC, Bitcoin open interest has been on the rise despite the cryptocurrency’s struggle to find a bullish footing. This observation could indicate that BTC is finally ready for a bit of recovery.

The uptick in open interest may indicate a demand build up, an outcome that is already reflecting in Bitcoin price action. The cryptocurrency has so far achieved substantial upside in the last 3 days, with price recovering from a low of $93,34 to a $97,010 press time price tag.

Bitcoin price action | Source: TradingView
Bitcoin price action | Source: TradingView

BTC’s bullish recovery in the last 3 days was courtesy of liquidity injection observed as per the MFI. Its MACD was about to make a crossing above the signal line, with the histogram profile demonstrating a decline in bearish volume.

Is Bitcoin Price demand building up?

While the price and rising open interest may be leaning in favor of the bulls, they were not the only signs. For example, Bitcoin’s spot flows have mostly been negative since the start of February. However, outflows have notably declined and this gives the bulls a chance to dominate.

Bitcoin spot flows | Source: Coinglass
Bitcoin spot flows | Source: Coinglass

It is however worth noting that spot flows were yet to demonstrate a substantial uptick. This may indicate weak demand. On the derivatives side, futures open interest bounced back above $60 billion in the last 10 days, confirming renewed interest at sub- $100,000 prices.

– Advertisement –

Still on demand build-up, exchange flows recently dropped to key levels where they pivoted twice in January. This historically significant level may offer a psychological buy back zone and exchange outflows were already higher than inflows at the time of observation.

Bitcoin Exchange flows | Source: CryptoQuant
Bitcoin Exchange flows | Source: CryptoQuant

Higher exchange outflows than inflows signal that the bulls might already be putting in some work. However, a modest gap of about 2,000 BTC between inflows and outflows may indicate that the market is still in a cautious mood.

Can Strategy inject more optimism into BTC demand?

Michael Saylor and his Strategy team have for the most part, offered a confidence boost to the market in times of doubt. The company might be about to do so once again as revealed in its latest announcement.

Strategy is reportedly planning to issue about $2 billion worth of convertible notes to purchase more BTC. The company has been taking advantage by purchasing BTC especially every time it dips below $100,000.

A $2 billion liquidity injection into BTC especially now that the bears are easing off their attack, could pave the way for recovery above $100,000. These observations may trigger enough excitement for Bitcoin to possibly achieve a net positive performance in the next 8 days.