Category: Market Insights

Bitcoin Falls 4.9%, Dips Below $85K to Lowest Level Since November

Bitcoin tanked 4.9% to $82K, its lowest since Nov. ETFs dumped $1B, altcoins fell, and investor confidence took a hit.

Bitcoin just took a massive hit, dropping 4.9% to $82,242—its lowest since November 2024. After a four-day losing streak, the biggest since August, BTC is now trading around $84,658, according to CoinMarketCap.

So, why the dip? Analysts say a major $1 billion outflow from U.S. spot Bitcoin ETFs is to blame. Institutions seem to be pulling out of their trades, shaking up the market. Peter Chung from Presto Research says investors should keep an eye on two key metrics: CME annualized basis and traditional finance funding rates.

It’s not just Bitcoin feeling the heat—Ether dropped 7.1% to $2,317, and other major altcoins like XRP, BNB, and Solana also took a hit. Chris Yu, CEO of SignalPlus, pointed out that Bitcoin’s implied volatility is down, meaning speculators are losing faith in short-term gains.

Even with Trump’s election fueling past crypto gains, regulatory uncertainty is slowing things down. Companies like MicroStrategy are facing increased scrutiny, making the market even shakier. For now, investors are left wondering when Bitcoin will bounce back.

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Grayscale Pursues SEC Approval for Polkadot ETF on Nasdaq

Grayscale is pushing for a Polkadot ETF on Nasdaq, with the SEC reviewing the application. Polkadot is currently $4.35.



Grayscale Investments, a big name in crypto assets, is aiming to launch a Polkadot (DOT) ETF. They’ve officially filed with Nasdaq to list and trade shares of the Grayscale Polkadot Trust. The SEC now has 45 days to decide whether to approve, reject, or extend the review.

Grayscale already has Ethereum and Bitcoin ETFs, and now they want to include Polkadot on the list as well. This is just days after 21Shares, which is another company that trades cryptocurrency, filed an application for a Polkadot ETF last month. If approved, it will further expose and invest in Polkadot.

Polkadot is currently priced at $4.35 and has fallen by 6.7% in the past 24 hours with the entire cryptocurrency market under bearish pressure.

This comes at a time when the SEC has become more friendly toward crypto, especially since the Trump era. They’ve dropped investigations on platforms like Robinhood and OpenSea, which might make it easier for projects like Grayscale’s to move forward.

While the decision is still in the works, if the SEC gives the green light, Polkadot could see a major boost in the market with more investors jumping on board. Fingers crossed!

Also Read: Nansen Joins TRON as a Super Representative, Boosting Blockchain Transparency

Cardano (ADA) Plummets 11%: Is a Drop to $0.50 Inevitable or Can It Recover?

Cardano (ADA) dipped 11% to $0.665 today. Will it recover or sink lower? ETF hopes inspire hopes.


Cardano (ADA) too is suffering, having its price decline 11% in the last 24 hours to around $0.665. Whether it will recover or keep falling remains on everyone’s mind.Trading volumes are high, with volumes rising by 9%, meaning the market is active today.

The $0.65 mark is the key. If ADA stays above it, there is a 25% possibility of reaching $0.85. But if it falls below $0.65, it will decline by 22%. ADA is struggling with the 20-day moving average at the moment, which means the bears are in control. The 50-day and 100-day averages are also on the cusp of breaking down, meaning more losses are around the corner.

On the flip side, over $8 million worth of ADA has left exchanges recently, which often means people are holding and not selling. Still, short traders are betting $17.3 million on ADA falling more.

Bitcoin’s struggles aren’t helping ADA either. The whole market’s under pressure, which could drag ADA down more. But there’s a silver lining: The SEC has accepted a Cardano ETF filing. If approved, this could bring in fresh investors and give ADA the boost it needs.

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SEC Drops Investigation Into Robinhood Crypto No Charges Filed

Summary: Robinhood Crypto is in the clear. Nearly a year after being in the limelight, the SEC has officially shut down its investigation without imposing any enforcement action. The action comes months after Robinhood had received a Wells Notice, typically a move towards enforcement But not in this case, as no enforcement action was filed.

Robinhood Crypto has finally seen some much-needed relief only in recent times. In February this year, the company issued a letter from the SEC stating that the investigation into its crypto business was finally laid to rest with no enforcement.

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This puts an end to a battle that ran for nearly a year, starting in May this year, when the SEC sent Robinhood a Wells Notice. That’s usually an indication that regulators are preparing to file charges, but the SEC stood down and took no action.

Robinhood Head of Legal Dan Gallagher commented on the decision, saying, “We applaud the staff’s decision to close out this investigation without action.” He explained that Robinhood had been compliant with the securities laws all along and that the probe shouldn’t have been conducted in the first place. Unlike other platforms, Robinhood never listed tokens that could potentially be considered securities.

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For their part, regulatory attitudes towards crypto appear to shift. Under President Donald Trump’s administration, the SEC reviewed its digital assets policy. It has just established a new division in charge of providing clearer guidance and easing some erstwhile restrictive rules.

With the agency led by ex-SEC Commissioner Paul Atkins, the majority expect a more crypto-friendly approach. Investors were upbeat on the news Robinhood’s shares jumped 3.3% in premarket trading after the announcement.

Raydium Sinks 24% as Pump.fun Unveils Competing AMM

Raydium (RAY) crashed 24% as Pump.fun announced a rival AMM, sparking competition fears, despite its TVL hitting an all-time high.



Raydium (RAY), the biggest decentralized exchange (DEX) on Solana, was just dealt a bitter blow, plummeting 24% to $3.23 in 24 hours. The news that Pump.fun, one of the favorite memecoin websites, is going to launch its own Automated Market Maker (AMM) on Solana has people speculating about the future of Raydium’s reign.

Although the price dropped, RAY’s market cap is still $941.34 million, and its trading volume jumped 204% to $202.05 million. But technicals are not favorable. The token has been trapped in an ascending broadening wedge, which has a tendency to indicate more issues.

Just a few weeks ago, Raydium was riding high, fueled by Bitcoin’s massive surge. But after hitting a rejection point of $8.67 in January, RAY’s been in a downtrend, sliding down to $4.31 before this latest dip.

The shocker? Raydium’s Total Value Locked (TVL) is actually good. It hit an all-time high of $2.589 billion today, up from just $128 million in January. So while the price might have fallen, investors are still putting money into the platform.

With Pump.fun’s AMM gaining traction, Raydium’s future rests on investor sentiment and how well it will be able to deal with growing competition.

Also Read: Cardano (ADA) Slips Below $0.80 – Is a Steeper Decline Ahead?

Solana Drops Under $160 Amid FTX Unlock Fears – More Selling Ahead?

Solana (SOL) dropped below $160 as FTX’s upcoming token unlock sparks fears of a sell-off, with investors bracing for impact.



Solana (SOL) just slipped under $160, and things aren’t looking great. The crypto tanked over 8% on Feb 24, hitting $148.46—its lowest price this year. Even now, it hasn’t fully bounced back, trading around $156.

The big worry? A massive 11.2 million SOL token unlock from FTX on March 1. That’s $1.77 billion worth of SOL potentially flooding the market. If too many tokens get dumped at once, prices could take another hit, making investors even more nervous.

Solana’s been struggling lately. It’s down 35% this month and lost 13% just last week. Its market cap shrank by $10 billion, now at $78 billion. Even trading on Solana’s DEXs has dropped by 37%, showing that investors are stepping back.

Whales are shorting SOL also. In the past week, put options (which pay off more if prices drop) constituted 25% of all transactions in Solana derivatives. In other words, whales expect continued losses.

Next? If unlocked tokens pour on the market, SOL can only go lower. But if buying is robust, then all this may calm down. Either or, everyone anxiously awaits March 1.

Also Read: Cardano (ADA) Slips Below $0.80 – Is a Steeper Decline Ahead?

YZY Coin Surges 85% Amid Rumors of Kanye West’s Crypto Endorsement

YZY memecoin jumped 85% after rumors Kanye’s backing it. Ye might use it for Yeezy payments, copying Trump’s crypto move.



YZY Coin just shot up 85% in a 24-hour surge after rumors started flying that Kanye West (now Ye) is planning to back the coin. The whispers are that Ye’s new crypto project could link to his Yeezy brand, with the coin becoming the go-to payment method on his website instead of traditional platforms like Shopify.

This isn’t merely rumor—Ye’s been very vocal about being ready to move away from the platforms that’ve distanced themselves from him due to his inflammatory remarks. The YZY token may be how he reclaims control and initiates a fiscal economy directly affiliated with his business ventures. Inner sources on the project report Ye holds 70% of the token supply, with 20% going to investors and 10% reserved for liquidity. It’s practically the same way Trump’s TRUMP coin was distributed, with most of the coins going to a company related to Trump’s brand.

But Ye’s token has bad blood too. Critics say it is just another celebrity-backed crypto venture, poised to make money off of fans with little or nothing new to its credit. Still, the rapid rise of the coin portends that fans are eager to get on the Ye bandwagon—be it for business or just hype.

Also Read: SEC Drops Case Against OpenSea NFT Marketplace, No Charges Filed

BlackRock Bitcoin ETF Achieves 50% Market Share Despite Market Pullback

BlackRock Bitcoin ETF hits 50% market share during a 3-day sell-off. Bitcoin price holds firm, showing strength independent of ETF flows.



BlackRock Bitcoin ETF is absolutely dominating! The world’s largest asset manager now holds more than 50% of all Bitcoin ETF assets in the U.S., with more than $56.8 billion in assets. This milestone is achieved just over a year after U.S. spot Bitcoin ETFs launched in January 2024.

Despite the recent 3-day sell-off in Bitcoin ETFs, where over $364 million in net outflows were recorded, BlackRock’s iShares Bitcoin Trust ETF (IBIT) took a hit of $112 million but still remains at the top.

ETFs accounted for a huge portion of Bitcoin’s latest surge, making up 75% of new investments as Bitcoin crossed the $50,000 mark. Bitcoin has also been strong. In spite of outflows in ETFs, its price has still been able to remain over $99,000 as of today.

Industry pros like Marcin Kazmierczak from RedStone believe that Bitcoin’s strength is due to other factors beyond ETFs, like market liquidity and institutional accumulation. Some are worried about Bitcoin’s price action being manufactured, with Samson Mow noting the market looks like it’s stuck in a range. Despite that, Bitcoin remains a top player in the crypto scene.

Also Read: KuCoin EU Applies for MiCAR License to Expand Operations in Austria & EEA

KuCoin EU Applies for MiCAR License to Expand Operations in Austria & EEA

KuCoin EU is setting up in Vienna, Austria, to expand across the EEA with a MiCAR license. With top crypto execs onboard, they’re pushing for secure, compliant, and innovative crypto services in Europe.



KuCoin is taking big steps in Europe! The global crypto exchange is applying for a MiCAR license in Austria to expand its services across all 30 EU and EEA countries. With this license, KuCoin EU will offer secure, trustworthy crypto services that comply with European regulations.

Austria’s Vienna was selected as the European headquarters for KuCoin due to its firm legal landscape, clear crypto regulations, and accessibility of elite personnel. KuCoin is also conducting recruitment efforts in order to have a solid regional team.

KuCoin EU will abide by all laws when it comes to providing leading digital asset solutions, CEO BC Wong announced. Under the MiCAR license, users in the EU will receive secure and localized crypto services from KuCoin.

For this project, KuCoin has appointed Oliver Stauber (former Bitpanda) and Christian Niedermueller (former CEO of a cryptocurrency exchange) as Managing Directors, with exhaustive experience in finance and law, including aspects that guarantee compliance and growth within Europe.
Both these MDs, after the approval, will enhance the EU’s presence in the international crypto markets, accelerate blockchain adoption while assuring transparency, security, and innovation.

Also Read: LTC Skyrockets 46% as ETF Buzz and Whale Activity Fuel Rally

LTC Skyrockets 46% as ETF Buzz and Whale Activity Fuel Rally

Litecoin pumped 46% on ETF hype and whale buying. CoinShares applied for a Litecoin ETF, and SEC review is underway. Transactions are booming, and whales grabbed $500M in LTC. If momentum holds, $225 is possible.


Litecoin is making waves! The so-called “underrated” crypto just hit new highs, surging 46% this month as ETF hype and whale buying fuel the rally. With CoinShares filing for a Litecoin ETF on Nasdaq, excitement is growing, and the SEC is currently reviewing the proposal. If approved, an ETF would let investors trade LTC like stocks—no wallets, no private keys, just easy access.

Analysts predict a 90% probability the ETF will be approved by late 2025, as U.S. regulators gradually become more comfortable with crypto. But this rally is not mere speculation—Litecoin’s everyday transaction volume has surged to $9.6 billion, a 243% increase from August 2024. Individuals are literally spending LTC, not simply holding onto it.

Meanwhile, whales are making moves. In a two-week period, institutional investors have purchased $500 million worth of LTC, suggesting serious confidence in its long-term value.

Litecoin is trading at around $138 now, with $120 being the crucial support. If the hype continues, analysts are expecting it to go up to $225, but a drop below $80 would kill the momentum.

Everybody’s holding their breath for the SEC—if the ETF happens, Litecoin would take over the entire crypto landscape.

Also Read: Solana on the Edge: Can SOL Hold or Drop to $125?

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