Tag: Bitcoin

Crypto Market Hit by $390M Liquidations After Trump’s Executive Order

Summary: The crypto market faced a sharp downturn, leading to $390 million in liquidations within 12 hours. Bitcoin saw the biggest losses, with traders losing over $206 million, while Ethereum, XRP, Solana, and Cardano also suffered declines. The market cap dropped 4.5% to $2.88 trillion, with uncertainty growing after Trump’s latest executive order.

The cryptocurrency market took a major hit, with $539 million wiped out in liquidations over the past 24 hours. Around 156,000 traders were affected as prices plunged following an executive order from former US President Donald Trump.

YOU MIGHT ALSO LIKE: Nasdaq Goes 24/5: Stocks Are Catching Up to Crypto’s Non-Stop Trading

In just 12 hours, nearly $390 million in positions were liquidated, with long traders suffering the most—losing over $305 million. The biggest single liquidation occurred on Bitfinex, where a $15.4 million trade was completely wiped out.

Bitcoin traders bore the brunt, facing $206 million in liquidations. Long positions accounted for $151 million in losses, while short traders lost $54 million. Bitcoin’s price dropped about 5%, settling around $87,627.

Ethereum also saw heavy losses, with nearly $48 million in liquidations as its price fell over 6% to $2,156. XRP, Solana, and Cardano weren’t spared, with total liquidations of $16 million, $14 million, and $12 million, respectively. Cardano’s price suffered the worst drop, plunging over 10% to $0.86.

YOU MIGHT ALSO LIKE: Trump’s Strategic Bitcoin Reserve Excludes XRP & Altcoins, Crypto Market Reacts

With the total market cap now at $2.88 trillion—down 4.5% in just one day—traders are bracing for further volatility, uncertain whether this signals a deeper market decline or a buying opportunity.

Trump’s Strategic Bitcoin Reserve Excludes XRP & Altcoins, Crypto Market Reacts

Trump launches a Bitcoin-only reserve from seized assets. XRP left out, but traders still bullish. Market’s watching for policy shifts!



President Donald Trump just announced a Strategic Bitcoin Reserve—but here’s the catch: it only holds BTC seized from criminal cases! No XRP, no Solana (SOL), no Cardano (ADA).

The idea? Treat Bitcoin like digital gold. White House crypto adviser David Sacks even called it a “digital Fort Knox.” But many in the crypto world were hoping for a reserve that actually buys Bitcoin and other assets.

Following the news, Bitcoin dropped to $84,979 before gaining back 4% to $90K. Traders are acting fast—Deribit data shows increased short-term put options on BTC, ETH, and SOL as hedges. But XRP is the outlier!

XRP derivatives volume jumped 41% to $11.55B, with long-term calls dominating.The 24-hour long/short ratio? 0.9253, meaning traders are bullish.

This comes right before the White House Crypto Summit, where execs from Coinbase & Ripple will push for clearer regulations.

So, will future policies expand the reserve to altcoins? The market’s watching, and so should you!

Also Read: TRM Labs Report: ISKP Uses Monero (XMR) for Crypto Fundraising, Highlights Shift in Terror Financing

Bitcoin Whale Exits Market With $51.8M Profit After 5 Years—Triggers Price Drop & Volatility

A Bitcoin whale cashed out $51.8M profit after 5 years, shaking the market. BTC price dipped, and trading surged!



A legendary Bitcoin whale has officially exited the game, selling off their last BTC and walking away with a $51.8M profit after holding for over five years.

According to Arkham Intelligence, this whale originally bought 801 BTC in August 2019 at an average price of $10,297, investing $8.25M. Over the years, they slowly sold their stash. Just five months ago, they offloaded 199 BTC for $13.55M.

On March 6, 2025, at 14:30 UTC, the final sale happened—301 BTC ($27.9M) sent to Binance. The market was struck immediately. BTC dropped 0.5% from $92,691 to $92,227 in 30 minutes. The trading picked up—Binance BTC/USDT trading volume increased 15%, BTC/ETH & BTC/USDC pairs increased 10%.

Glassnode’s on-chain metrics confirmed the insanity: BTC fees on transactions increased 8%, active wallet addresses increased 5%. Technical analysis indicated short-term fluctuations to come—Bitcoin’s RSI hit 68 (a bit oversold), MACD showed a bearish crossover, and Bollinger Bands widened, meaning price fluctuations in the near term.

Volumes were higher at Coinbase and Kraken as well. With a whale-sized commotion, everyone is holding their breath waiting to see what comes next with BTC.

Solana’s DeFi Grows 2,400%, But Ethereum Still Leads in Value

Summary: Solana DeFi protocol is flourishing with its charges increasing by 2,400% in a year as compared to 150% on Ethereum. Its DeFi tokens are still undervalued at 9x median multiple against Ethereum’s 18x, reports a Franklin Templeton report.

Even with Solana’s breakneck growth, Ethereum still leads with Layer-2 networks such as Arbitrum and Optimism relaxing congestion and reducing fees. While Solana keeps demonstrating resilience, the market will likely alter its valuation sooner rather than later.

YOU MIGHT ALSO LIKE: Emirates NBD Opens Crypto Trading for Liv Users in Dubai

Solana’s DeFi scene is growing at breakneck speed, with revenue soaring 2,400% in just a year. Yet, according to a Franklin Templeton report, its DeFi tokens are still priced much lower than Ethereum’s.

The study contrasted top DeFi initiatives from each of the two chains—Lido, Aave, Maker, and Uniswap for Ethereum, and Jito, Jupiter, Kamino, and Raydium for Solana. While as genuine as Solana’s DeFi boom, its initiatives boast a median valuation multiple of 9x, in contrast to Ethereum’s 18x.

Ethereum’s Layer-2 networks, including Arbitrum and Optimism, continue to reduce congestion and fees, cementing its market dominance. But should Solana continue growing at the same pace, its DeFi tokens will be catching up very shortly.

YOU MIGHT ALSO LIKE: Kaia’s Mini DApps Surge Past 35M Users, $2M Spent in Weeks

DeFi is in the process of developing quickly, with Solana gaining ground as Ethereum plays catch-up. If Solana will be able to fully close the gap remains to be seen, but its rise is impossible to overlook.

TRUMP Developer Wallet Deploys $2M Liquidity—What It Means for the Price

Summary: A wallet belonging to the TRUMP meme coin creator has inserted $2 million worth of range liquidity on Meteora DEX, which forms a price range between $12.7 and $17.9. The step will keep the token price within the range stable by purchasing TRUMP as long as liquidity is present. Despite speculations by some that it means TRUMP is unable to break outside these levels, the price is not technically limited. The move suggests developers think this range is fair value, with potential sell-offs at the top end. One of the wallets belonging to the developer of the TRUMP meme coin has added liquidity on Meteora DEX between $12.7 and $17.9, where the TRUMP-USDC pair is actively traded.

This means the wallet will continue buying TRUMP within this range until the allocated $2 million runs out.

Blockchain analytics firm Arkham Intelligence highlighted the move, noting the address has already accumulated $170,000 worth of TRUMP tokens. Since the wallet received TRUMP directly from the developer’s main address, it is assumed to be one of the developer’s wallets.

YOU MIGHT ALSO LIKE:Cardano’s ADA Pumps 25%—What’s Behind the Surge?

This strategy suggests developers perceive this range of prices as an affordable value. Others are expecting TRUMP to fail to move above these levels in the public, but this is not the case. Nevertheless, as price levels approach $17.9, there may be a selling off, but at $12.7 it would be a support.

TRUMP, released on January 18, 2024, previously traded as high as $74 following the announcement by Donald Trump when his inauguration term started.

Tom Lee Says Bitcoin Could Hit $150K in 2025—Will It Happen?

Summary: Tom Lee of Fundstrat is forecasting Bitcoin could go on to $150,000 or higher by 2025 based on institutional demand and momentum in the market. While Bitcoin just dropped, Lee is optimistic, mentioning previous recoveries.

On March of this running year, Tom Lee shared his bold Bitcoin prediction on CNBC’s Squawk Box, saying the price could climb above $150,000 this year. His reasoning? More institutional investors, like Citadel, are trading Bitcoin, which he believes will fuel its growth.

YOU MIGHT ALSO LIKE: Cardano Leads Gains in Trump’s Crypto Reserve Announcement

Bitcoin hasn’t had the best month, falling 24% from $102,000 to $78,000. But Lee isn’t worried. He noted that Bitcoin’s biggest gains often happen in just a handful of days, and short-term dips are part of the cycle.

Global events also play a role. President Trump’s decision to move forward with a U.S. strategic crypto reserve recently helped Bitcoin rebound above $90,000. However, trade tariffs and a shift toward gold are creating some uncertainty.

YOU MIGHT ALSO LIKE: Crypto Market Surges as Trump Unveils U.S. Crypto Reserve Plan

Other experts are just as bullish. Bitwise and Standard Chartered predict Bitcoin could hit $200,000 by year-end. Still, Lee cautioned against trying to time the market, saying predicting exact rallies is nearly impossible.

Right now, Bitcoin sits at $84,701, down 6% in 24 hours, with a trading volume of $72 billion.

Should In-N-Out Burger Start Accepting Bitcoin? Viral Tweet Sparks Debate

Summary: A tweet by an In-N-Out fan account has sparked controversy over whether the burger chain should begin accepting Bitcoin. While there are no company-planned plans, the idea has gained traction, a sign of increased interest in cryptocurrency payments for fast food.

On March of the running year, the fan account @InNOutBurger_fan posted, “Should In-N-Out accept Bitcoin?” The tweet quickly gained attention, with crypto enthusiasts debating the potential for mainstream adoption.

YOU MIGHT ALSO LIKE: White House and Lawmakers Push Back Against IRS DeFi Broker Rule

In-N-Out does not currently accept Bitcoin or any other cryptocurrency, and there is no official statement indicating a change. However, the tweet has fueled speculation on whether crypto payments could become a reality in fast food.

Other brands have already explored similar moves. In March 2024, Compass Coffee in Washington, D.C., partnered with Coinbase to offer discounts for payments made in USDC. In El Salvador, where Bitcoin is legal tender, Starbucks began accepting it as payment.

YOU MIGHT ALSO LIKE: Solana Soars 22% as Trump Puts It Ahead of Bitcoin in U.S. Crypto Reserve

If In-N-Out were to adopt Bitcoin, it could signal a shift in how major fast-food chains approach digital currencies. For now, it remains just an idea—but one that has the internet buzzing.

Crypto Market Surges as Trump Unveils U.S. Crypto Reserve Plan

Summary: The crypto market went wild after Donald Trump announced a proposal for creating a U.S. cryptocurrency reserve, which caused a staggering $863 million worth of liquidations. Bitcoin and altcoins saw tremendous price increases, with BTC hitting $92,000.

The cryptocurrency market went into a frenzy following the revelation by former U.S. President Donald Trump of a historic initiative to create a U.S. Crypto Strategic Reserve. His initiative, which aimed at making “America First” in the digital asset space, created a frenzy that recorded $863 million worth of liquidations over the past 24 hours.

YOU MIGHT ALSO LIKE: Stellar (XLM) Surges 18% Amid Market Fluctuations, Beating XRP’s Performance

More than 191,000 traders saw their positions wiped out, including one massive liquidation of $15.49 million on Binance’s BTCUSDT pair. In total, $298.66 million came from longs—traders betting on price increases—while $547.17 million came from shorts who were expecting declines.

Bitcoin saw $315.14 million in liquidations, while Ethereum lost $160.23 million. There were large liquidations of XRP, Cardano, and Solana when prices increased as well. Trump announced, via Truth Social on 2 March 2025, that he favored XRP, Solana, and Cardano initially, then added Bitcoin and Ethereum.

YOU MIGHT ALSO LIKE: XRP Price Surges 38% After Trump Includes It in Crypto Strategic Reserve

The market responded instantaneously. Bitcoin rose from $85,207 to $91,929 in 90 minutes and is now trading at $92,000. Ethereum increased by 10% to $2,410, XRP increased by 22% to $2.75, Solana increased by 15.15% to $165, and Cardano stole the show with a whopping 53.21% increase to $1.02.

Trump’s move has shaken the market, turning it into a full-fledged rollercoaster.

Trump Unveils U.S. Crypto Reserve, Leaves Out Bitcoin

Summary: President Donald Trump has unveiled a plan for a U.S. Crypto Reserve, selecting XRP, Solana (SOL), and Cardano (ADA) and sidestepping Bitcoin and Ethereum. He made the announcement on Truth Social, saying this will make America’s digital asset industry stronger after what he termed “corrupt attacks” by the Biden administration.

This announcement ties back to an Executive Order he signed in January, directing the Presidential Working Group to study a crypto reserve. Meanwhile, Senator Cynthia Lummis is pushing for a Bitcoin reserve, and some states are considering their own crypto initiatives.

YOU MIGHT ALSO LIKE: Michael Saylor Stirs Controversy Again With Bitcoin Comments

On March 8, Trump will host a White House crypto summit, led by venture capitalist David Sacks and Working Group director Bo Hines, bringing in top industry leaders.

YOU MIGHT ALSO LIKE: Pi Coin Drops 25%—KYC Deadline Sparks Market Panic

Separately, the TRUMP Organization recently filed a trademark for “TRUMP,” hinting at metaverse-related projects. As Trump pushes his crypto agenda, he’s setting the stage for America to lead in digital assets.

Anatoly Yakovenko: Bitcoin Has No Real Value,Here’s Why

Summary: Solana co-founder Anatoly Yakovenko sparked debate on X saying, “Bitcoin has no value.” He said that unlike stocks or real estate, Bitcoin doesn’t offer future cash flows, therefore is a form of insurance against unprecedented global catastrophes.

Yakovenko put the probability of a superpower falling apart at 1% per year and stated he is willing to invest 1% of his fortune in an asset that could withstand such a collapse. He also took issue with Bitcoin for not having technological advancements in its 15-year history and wondered how its value could be quantified without a definite financial model.

YOU MIGHT ALSO LIKE: SEC Confirms Meme Coins Aren’t Regulated, Warns of Fraud

His statements provoking mixed responses. Some drew comparisons between Bitcoin and gold, a hedge commodity in periods of inflation. Journalist Laura Shin responded that the simplicity of Bitcoin makes it global and that its $1 trillion market cap is evidence of its value.

YOU MIGHT ALSO LIKE: Football Legend Ronaldinho Teases Crypto Project Amid Scam Concerns

Yakovenko insisted, insisting that companies like Apple could be valued by earnings, but Bitcoin cannot be quantified in terms of such metrics. The arguments continue to rage, yet there is one certainty: what is valuable is decided by the market.

Exit mobile version