Category: Cryptocurrency

Cryptocurrency is digital money that works online. It lets people send and receive payments directly without banks. It runs on secure networks called blockchains, making it fast and global.

3 Memecoin Fails You Should Avoid – Experts Warn!

ARK Invest CEO Cathie Wood has predicted that most memecoins will eventually become “worthless,” cautioning investors to stay clear of viral tokens. In an interview with Bloomberg, Wood expressed her skepticism toward internet meme-based coins and AI-generated tokens, saying they “won’t be worth very much” in the future.

Ark Invest CEO talking about Memecoin

Instead of backing these speculative coins, Wood focuses on established cryptocurrencies such as Bitcoin, Ethereum, and Solana, which she believes will grow stronger over time. She emphasized that the market is volatile, with many losing substantial value as shown in this post.

“There’s nothing like losing money for people to learn,” Wood said, warning traders that the SEC and regulators are not taking responsibility for meme coins. However, Wood did single out the TRUMP Official Token as one of the few that could “withstand the test of time.”

Why Memecoins Are Heading Toward Worthlessness

The meme coin market, once worth over $137 billion in December 2022, has lost more than 60% of its value, now standing at $51.6 billion. This downturn includes sharp crashes in tokens like the LIBRA meme coin and the TRUMP meme coin, which has fallen nearly 85% from its peak.

On-chain data from ARK Intelligence highlights significant losses in the meme coin sector, including a portfolio of viral meme coins held by analyst Murad Mahmudov, which saw an 80% drop in just two months.

YOU MIGHT ALSO LIKE: Bitcoin Tanks 25% – Warning Sign or the Biggest Rally Ahead?

Despite some recent growth in global liquidity and the weakening U.S. dollar, the memecoin market has shown little signs of recovery, with platforms like Pump.fun experiencing significant revenue declines.

As the memecoin market flounders, Wood’s cautionary message stands as a stark reminder for investors.

Why Bitcoin’s Safe-Haven Status Is Being Questioned: 5 Key Reasons Explained

Why Bitcoin is ‘Safe-Haven’ Status Is Being Questioned: 5 Key Reasons

bitcoin

Bitcoin used to be the go-to “safe-haven” asset, right? It was seen as a reliable place to park your cash during tough times. But lately, that’s been looking more like a fantasy. With the economy in chaos, its been struggling—while gold is rising. So, what happened?

You might also like: Bitcoin Tanks 25% – Warning Sign or the Biggest Rally Ahead?

Here are 5 reasons why its “safe-haven” status is under fire:

  1. Big Volatility – The token’s price swings are wild. One minute it’s up, the next it’s crashing. That’s not exactly what you want in a “safe” asset.
  2. Growing Institutional Influence – Big players like BlackRock are piling in, but that makes BTC more like a regular stock—risky and reactive to market trends.
  3. Changing Narrative – Its no longer the “digital gold” it was marketed as. Now, it’s seen as a speculative asset, more like tech stocks than anything else.
  4. Correlated to Risk Assets – Its has started moving more with risky assets like tech stocks, not safe-haven assets like gold.
  5. Short-Term Traders – Retail traders jumping in and out can lead to sharp drops, and that makes this token more volatile.

Bitcoin might still have potential as a long-term store of value, but for now, it’s not the safe bet it used to be.

For live graphs of bitcoin graphs go to Coingecko.

Bitcoin Tanks 25% – Warning Sign or the Biggest Rally Ahead?

Bitcoin’s Dip? Just a Pit Stop Before the Next High!

Bitcoin is down 24% from its $109K ATH, but chill—crypto analysts say it’s just a regular pit stop in the cycle. Despite macroeconomic turbulence, BTC’s next peak might just be pushed back, not canceled.

Ben Simpson, CEO of Collective Shift, says this isn’t the end of the bull run:

“Global liquidity’s a mess, but this is just the third or fourth 25% correction this cycle—compared to 12 in the last one.”

Bitcoin
Live chart from Coingecko.

Bitcoin’s “Expected” Correction

At $82,824, this token has been riding out the storm caused by U.S. tariffs, interest rate uncertainty, and a market cooldown. But, Derive’s Nick Forster sees this as a normal pullback in a long-term rally:

“Bitcoin always corrects during bull runs. Nothing unusual here.”

Even Trump’s re-election in November pumped it by 36% in a month, proving it can bounce back stronger than ever.

Macro Conditions Are Shaking the Market

Independent Reserve CEO Adrian Przelozny pointed out that all asset classes are feeling the heat right now, not just crypto. Inflation risks and market contractions are making things volatile.

Capriole Investments founder Charles Edwards isn’t ready to call the end yet:

“Odds are 50:50. If the Fed cuts rates and liquidity grows, we could see a strong comeback.”

Also Read: Ethereum Price Pumps 7% – Should You Dive In Now or No?

What’s Next for Bitcoin?

CryptoQuant’s CEO Ki Young Ju believes we might be heading for 6-12 months of sideways movement. But others say rate cuts and liquidity boosts could send BTC flying again.

So, is this bull run really over? Not so fast. Stay tuned—this cycle might still have some surprises left.

You might also like: Trump Administration’s 1st Bold Move to Acquire Bitcoin as a Strategic Asset

Trump Administration’s 1st Bold Move to Acquire Bitcoin as a Strategic Asset

In a bold push toward government-backed Bitcoin accumulation, Bo Hines, Executive Director on Digital Assets for President Trump, has revealed that the administration aims to significantly increase U.S. Bitcoin reserves.

Bo Hines: Trump Admin

Trump’s Vision: Expanding U.S. Bitcoin Reserves for Future Financial Security

Speaking at the Digital Assets Summit in New York on March 18, Hines emphasized that the U.S. government should actively acquire Bitcoin, much like traditional reserves of gold.

“I believe it’s high time that our President starts acquiring assets for the American people, which is exactly what President Trump is doing – accumulating wealth rather than depleting it,” Hines declared.

YOU MIGHT ALSO LIKE: Xapo Bank Launches $1M Bitcoin-Backed Loans to Boost Liquidity

When asked about the scale of Bitcoin accumulation, Hines compared it to gold, stating, “When people ask me, ‘How much Bitcoin do you want to acquire?’ I tell them – it’s like asking a nation, ‘How much gold do you want to have?’ The answer is as much as possible.”

Hines also revealed that Trump’s first-ever White House Digital Assets Summit focused on strategies for acquiring Bitcoin in a budget-neutral manner.

The comments signal a major shift in how the U.S. government approaches cryptocurrency. Traditionally, Bitcoin has been viewed with skepticism by regulators, but under Trump’s administration, it could become a key strategic asset.

As more nations explore digital currency reserves, a U.S. push into Bitcoin could accelerate global adoption and reshape financial policies. If implemented, this approach would position the United States as a leader in the evolving digital economy.

With this aggressive stance, the Trump administration is signaling that Bitcoin is no longer just a speculative asset—it’s becoming a foundational piece of U.S. financial strategy.

Ethereum Price Pumps 7% – Should You Dive In Now or No?

Ethereum just flexed with a 7% pump, reclaiming the crucial $2,000 level, sparking excitement across the altcoin market. But while ETH is vibing, traders are still skeptical about a possible rug pull. So, should you HODL, buy more, or secure those gains? Let’s break it down.

Ethereum

Big Moves from Buterin & Justin Sun

Ethereum co-founder Vitalik Buterin made waves after cashing out 71.697 ETH in a recent move that’s stirring speculation about a major shift in the crypto space. Meanwhile, Tron founder Justin Sun went all-in by staking a massive 60,000 ETH (~$114M) on Lido, securing a passive income of 1,740 ETH per year.

Adding to the hype, Ethereum’s upcoming Pectra upgrade is set to improve scalability and security, giving the ETH bulls a fresh narrative for a rally.

You might also like: TRX on Solana: 5 Key Benefits That Could Boost Crypto Liquidity

ETH Price Action – Inverted Flag Alert!

After facing bearish vibes for the past week, ETH has bounced back, forming a failed inverted flag pattern—a technical sign that could hint at continued bullish pressure.

Key Indicators:

  • MACD: Green histogram gaining strength, signaling bullish momentum.
  • EMA 12 & 26: Flirting with a bullish crossover on the daily chart.
  • SMA: Eyeing a breakout if ETH can dodge a bear trap.

Ethereum ETF Bleeding for 10 Days Straight!

Despite ETH’s pump, Ethereum ETFs are still in the red. BlackRock’s ETHA saw a $124.6M outflow, while Grayscale’s ETHE lost $117.1M over the past 10 days.

However, if ETH sustains its bullish momentum above $2K, this trend could flip bullish, bringing fresh inflows into Ethereum-based ETFs.

Is ETH a Buy or Sell Right Now?

If bulls keep pushing, ETH could smash through $2,200 and target $2,573 soon. But if momentum dies, expect a dip back to $1,950—or even a new monthly low if bears take over.

TL;DR: If ETH holds $2K, it’s bullish. If it fumbles, brace for a drop. Trade wisely!

Check out live price on Coingecko.

Also Read: XRP Jumps 14% as SEC Drops Ripple Lawsuit After 4 Years

XRP Jumps 14% as SEC Drops Ripple Lawsuit After 4 Years

XRP Making a Comeback?

After four years, the U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against Ripple Labs, originally filed in December 2020 over allegations that XRP was an unregistered security.

Ripple CEO Brad Garlinghouse confirmed the news on X, calling it a “long-overdue surrender.” He stated, “This case was flawed from the start.” The lawsuit led to massive losses, wiping out $15 billion from XRP holders, but Ripple stood firm, insisting it was never a security.

YOU MIGHT ALSO LIKE: TRX on Solana: 5 Key Benefits That Could Boost Crypto Liquidity

A judge ruled in 2023 that XRP sales on public exchanges did not violate securities laws. “We won on every critical legal point,” Garlinghouse noted.

The SEC, under Acting Chairman Mark Uyeda, has been easing its stance on crypto, recently dropping cases against Coinbase, Uniswap Labs, and Kraken. Reports suggest the agency even debated classifying XRP as a commodity.

Garlinghouse criticized the SEC’s actions, claiming they aimed to “intimidate and terrorize” rather than protect investors. He urged the crypto industry to push for clear regulations.

XRP

Following the announcement, it surged 14%, climbing from $2.30 to $2.56, with trading volume up 73% to $6.1 billion. Garlinghouse thanked Ripple’s team, lawyers, and supporters, saying, “We couldn’t have won without you.”

YOU MIGHT ALSO LIKE: Xapo Bank Launches $1M Bitcoin-Backed Loans to Boost Liquidity

TRX on Solana: 5 Key Benefits That Could Boost Crypto Liquidity

TRX on Solana: A New Era for Cross-Chain Crypto Transactions and DeFi

Justin Sun, the founder of Tron, has announced that TRX will soon be available on the Solana (SOL) network, sparking excitement in the crypto community.

TRX

In a post on X (formerly Twitter), Sun teased the integration but didn’t reveal specifics on how it will work. This move could simplify cross-chain transactions, leveraging Solana’s fast and low-cost network to enhance liquidity, boost trading, and foster collaboration with trending memecoins. It may also enter Solana’s growing DeFi ecosystem.

YOU MIGHT ALSO LIKE: Xapo Bank Launches $1M Bitcoin-Backed Loans to Boost Liquidity

While TRON has seen a rise in active addresses and a 5% price increase for TRX, questions remain about the launch process, including whether TRX will be wrapped or bridged. There are concerns about potential imposter tokens before the real launch. Solana has also been in the news recently for a controversial ad on gender issues, which was quickly pulled after criticism.

YOU MIGHT ALSO BE INTERESTED IN: Coinbase Stock Could Surge to $310 as Trump Backs Crypto

Xapo Bank Launches $1M Bitcoin-Backed Loans to Boost Liquidity

Xapo Bank has launched a new Bitcoin-backed credit line, offering eligible customers up to $1 million in U.S. dollar loans using their BTC as collateral. Borrowers can access up to 40 percent of their Bitcoin’s value and have up to a year to repay, depending on the loan size.

How Xapo Bank’s Bitcoin-Backed Loans Could Change Crypto Lending

The Gibraltar-based bank aims to reduce Bitcoin sell pressure by giving holders an alternative to liquidating their assets during market uncertainty. Unlike past crypto lenders like BlockFi and Celsius, which collapsed due to financial mismanagement, Xapo Bank operates as a fully licensed institution with a traditional banking structure.

YOU MIGHT ALSO LIKE: PancakeSwap’s CAKE Token Storms by 30%: What’s Driving the Hype

Xapo has been expanding its crypto services, teaming up with Hilbert Group in 2024 to launch a $200 million Bitcoin fund and introducing support for Ethereum and Cardano purchases in 2023. The bank’s latest move reinforces its position as a major player in crypto wealth management.

Coinbase Stock Could Surge to $310 as Trump Backs Crypto

Coinbase’s stock could climb to $310, according to Bernstein analyst Gautam Chhugani. With the stock currently at $182, that would be a 68 percent jump. Chhugani believes this surge is possible due to increasing U.S. support for crypto, particularly under Donald Trump’s administration, which aims to make the country a leader in blockchain innovation.

Is Coinbase making a comeback?

Chhugani has given it an outperform rating, signaling confidence that the stock will perform better than most. He describes Coinbase not just as a crypto exchange but as a universal bank for digital assets.

YOU MIGHT ALSO LIKE: Michael Saylor’s $35B Bitcoin Bet: Genius or Gamble?

The prediction comes after Trump hosted the first White House Crypto Summit on March 7 and signed an executive order to create a Bitcoin reserve using confiscated crypto. Many view this as a step toward integrating Bitcoin into the traditional financial system.

Coinbase

Joe Burnett, head of market research at Unchained, sees this as a turning point, saying the U.S. is acknowledging Bitcoin’s role in global finance.

YOU MIGHT ALSO LIKE: Bank of Korea Dismisses Bitcoin for Foreign Reserves Over Volatility Concerns

While Coinbase stands to benefit, regulatory changes take time. Anastasija Plotnikova, CEO of Fideum, noted that setting up a clear framework won’t happen overnight, though friendlier rules could help Coinbase solidify its position as a major player in crypto financial services.

PancakeSwap’s CAKE Token Storms by 30%: What’s Driving the Hype

PancakeSwap’s CAKE token just went wild, shooting up 30% in a single day, hitting $2.59 after a massive surge in trading volume. In fact, its daily trading volume crossed $1 billion, putting the platform way ahead of Uniswap and Raydium in the DEX race. On March 17, it clocked in a mind-blowing $2.528 billion in 24-hour trades, according to DefiLlama. Talk about a flex!

PancakeSwap

But why the sudden pump in PancakeSwap?

A lot of it seems linked to Binance’s CEO, Changpeng Zhao. Zhao recently hyped up a BNB Chain-based memecoin called MUBARAK on his socials. Shortly after, on-chain analysts spotted a crypto wallet tied to him buying MUBARAK using just 1 BNB, causing the coin to skyrocket by over 270% in a week.

This little boost made MUBARAK the third most traded asset on PancakeSwap V3, just behind Tether and Wrapped BNB. As more people started trading, PancakeSwap was the place to be, making a massive statement in the decentralized exchange space.

With all this buzz, PancakeSwap’s CAKE token isn’t just about hype; it’s putting in serious work. Investors are eyeing the token as the platform continues to hold its ground, showing that it’s not just a flash in the pan. It’s safe to say that PancakeSwap is coming for the top spot in the DEX game, and people are here for it.

So, will CAKE’s rally continue, or is this a classic crypto pump-and-dump? Only time will tell, but with all the action happening on this platform, it’s definitely a DEX worth keeping an eye on.

Also Read: Bank of Korea Dismisses Bitcoin for Foreign Reserves Over Volatility Concerns

Exit mobile version