Charles Schwab, one of the world’s largest asset managers with $7.13 trillion under management, is preparing to launch spot crypto trading within the next 12 months. This move signals growing mainstream adoption of digital assets by traditional financial institutions. By entering the crypto space, Schwab aims to meet rising investor demand for easier access to cryptocurrencies. The rollout is expected to make crypto trading more accessible to everyday users through Schwab’s trusted platform. More details are expected in the coming months.
As of March 7, the crypto market is in recovery following weeks of corrections. However, bearish momentum remains strong, keeping most cryptocurrencies near their support levels. The broader market saw significant liquidations as uncertainty persisted. With fears of prolonged declines, analysts warn of potential risks, making it crucial to identify an altcoin to sell before further downturns.
4 Altcoins to Sell Ahead of Trump’s March 7 Crypto Event
Two days to Donald Trump’s first Crypto Summit on March 7 2025, industry leaders, CEOs, and government officials prepare for key discussions.
Market analysts anticipate volatility, with potential price drops for certain altcoins, if regulatory policies or economic outlooks appear unfavorable during the event. Let’s uncover these four altcoins to offload, including TON, SOL, LEO, and TIA.
Toncoin (TON)
Toncoin (TON) struggles as market conditions weaken, facing strong resistance and limited support. The price hovers at $3.00, marking a 1.53% daily increase. However, a 15% weekly decline signals a bearish sentiment.
TON’s market cap has dropped significantly, slipping from the 11th to the 21st position. Traders consider it an altcoin to offload ahead of Trump’s Crypto Summit on March 7, fearing further declines.
BitMart has confirmed the listing of UNUS SED LEO (LEO), set to launch at 20:00 (ET) on March 5. The exchange will open trading for the LEO/USDT pair. LEO serves as the utility token for Bitfinex, the cryptocurrency exchange managed by iFinex.
A unique token burn mechanism ensures that iFinex repurchases LEO monthly. This strategy aims to reduce supply over time. At present, LEO is priced at $9.80, reflecting a 0.36% decline in the past 24 hours.
Solana (SOL)
Solana (SOL) price has been trading with strong volatility, making it an altcoin to sell ahead of Trump’s crypto summit on March 7. The price has dropped 52.08% from its $294 high, now hovering below $150.
An analyst noted that despite rejection, SOL defended the $125 support and is squeezing against the main downtrend resistance. This movement signals potential liquidation as uncertainty builds in the market.
Celestia (TIA)
Celestia (TIA) is trading at $3.30, reflecting a 15% decline over the past week. The token has been on a consistent downtrend in recent months, with its value significantly lower than its all-time high of $20.91 in February 2024.
This decline has placed TIA among the cryptocurrencies facing strong selling pressure. Ahead of the upcoming crypto summit on March 7, analysts highlight TIA as one of the altcoins to offload, citing concerns over potential long-term losses in a weakening market.
Conclusion
With market conditions still uncertain, traders should assess risks and monitor price movements. Selling weak assets before further losses can be a strategic move. Identifying an altcoin to sell before major events like Trump’s crypto summit may help mitigate potential long-term risks in this volatile market.
Coinbase CEO Brian Armstrong has announced plans to hire 1,000 employees in the United States in 2025, attributing the decision to recent regulatory advancements under President Donald Trump’s administration. Armstrong made the statement following the White House Crypto Summit, where he and other industry leaders met with government officials to discuss crypto regulation policies.
Coinbase CEO Brian Armstrong Announces 1,000 New U.S. Jobs
After attending the White House Crypto Summit, Coinbase CEO Brian Armstrong took to X (formerly Twitter) to reveal the company’s hiring plans. He stated that the regulatory landscape in the U.S. is improving, allowing the company to expand its workforce.
Armstrong credited the shift to President Trump’s leadership and the administration’s efforts to establish clear guidelines for crypto regulation. He emphasized that this new clarity is enabling businesses like Coinbase to strengthen their presence in the U.S. market.
Coinbase CEO added,
“Historic day at the Whitehouse Digital Asset Summit. Thanks to Trump’s leadership, along with David Sacks, the U.S. now has a Strategic Bitcoin Reserve and emerging regulatory clarity. This is directly translating to economic growth in the U.S. For instance, Coinbase plans to hire about 1,000 employees in the U.S. this year as a result of this renewed growth.
During the White House crypto summit, Donald Trump announced plans to end Operation Chokepoint 2.0, signaling a shift toward a more supportive regulatory environment. Additionally, Trump emphasized the urgency of stablecoin legislation, aiming to establish clear regulatory guidelines before Congress adjourns for summer.
Regulatory Clarity Boosts Crypto Industry Growth
The White House Crypto Summit brought together government officials, industry leaders, and regulatory bodies to discuss the future of digital assets. The event marked a shift in the U.S. government’s stance toward the crypto industry, with an emphasis on fostering innovation.
One of the major developments discussed was the U.S. government’s decision to create a Strategic Bitcoin Reserve. Armstrong expressed his support for the initiative, stating that the U.S. government holding Bitcoin signals its recognition as a key financial asset.
A major factor influencing Coinbase CEO Brian Armstrong’s hiring announcement was the US SEC decision to drop its enforcement action against the company. With the case no longer proceeding, crypto businesses now look to Congress for regulatory clarity. Armstrong stated that this development allows Coinbase to focus on business expansion rather than ongoing legal battles.
Donald Trump Administration’s Crypto Policy
Donald Trump administration has positioned itself as an advocate for the crypto industry, with officials expressing their commitment to making the U.S. a leader in digital assets. Bo Hines, the executive director of the President’s Working Group on Digital Assets, reaffirmed the administration’s goal of establishing the U.S. as the global center for crypto innovation.
Hines stated that government agencies, including the Treasury and Commerce departments, are exploring ways to invest in Bitcoin without increasing the financial burden on taxpayers. Industry leaders, including Coinbase CEO Brian Armstrong, welcomed these policy changes.
Meanwhile, VanEck has shared budget-neutral strategies in which the U.S. government could expand its Bitcoin Reserve without taxpayer funding.
Pepe Coin price could be on the cusp of a mega bullish breakout as technicals and fundamentals align. One PEPE token goes for $0.000008150 and has shown signs that it is bottoming. This article provides a timeline for when PEPE price will rise by 7,220% as Ethereum drops to a legendary level.
Pepe Coin Price to Rebound as Ethereum Drops to ‘Legendary’ Level
One reason the PEPE price has imploded this year is that Ethereum has been in a free fall, moving from $4,100 in November to $1,600 today. In some cases, meme coins drop as their main blockchain falls, and vice versa.
Therefore, a potential Ethereum price rebound would boost PEPE, the second-biggest meme coin in its ecosystem after Shiba Inu. One crypto analyst has taken a contrarian view and predicted that ETH is about to surge after falling to a so-called legendary level.
He used a three-month candlestick chart of the ETH/BTC pair and identified a double-bottom pattern at 0.01730. The neckline of this pattern was at 0.08825. Therefore, he believes that the token ETH price will eventually rebound and move from the current $1,600 and rise by 525% to get to $10,000 over time.
The risk, however, is where the ETH/BTC price falls below the double-bottom pattern and invalidates the bullish view. Such a move would also trigger more downside. The other risk is that the Ethereum Foundation is selling ETH, and it has formed a triple-top pattern on the weekly chart.
Ethereum vs Bitcoin Price Chart
Can PEPE Surge by 7,220% to $0.0005856?
A strong Ethereum price surge would trigger more upside for Pepe Coin. However, it is highly unlikely that the coin will have a strong bullish breakout of about 7,220% and get to $0.00005856.
For that to happen, ETH needs to be in a strong bullish rally from the current $1,600 to $10,000 and above. Historically, PEPE tends to do well when the value of ETH is doing well. It will likely take a few years for ETH to reach $10,000, based on its historical performance.
Pepe Coin Price Prediction for 2025
Pepe Coin Price
On the positive side, there are signs that the Pepe Coin price is on the verge of a strong bullish rally that could push it to its all-time high. It has formed a tiny double-bottom pattern at $0.0000057. Combined with its lowest swing in July last year, it means that it has formed a giant triple-bottom pattern whose neckline is at its all-time high of $0.00002835.
PEPE price also formed a falling wedge and a bullish divergence pattern. Therefore, the coin will likely keep rising as buyers target the all-time high, which is about 250% above the current level. This positive PEPE price coin prediction will become invalid if it drops below the triple-bottom low of $0.000058.
