Can Cardano (ADA) Compete With Rollblock’s (RBLK) Meteoric 500% Rise?

Rollblock

The post Can Cardano (ADA) Compete With Rollblock’s (RBLK) Meteoric 500% Rise? appeared first on Coinpedia Fintech News

Cardano has garnered attention for its slow-but-steady approach, but many wonder if it can keep up with Rollblock’s meteoric growth. Surprises have emerged in the crypto market, and some fresh contenders are shaking up old beliefs. With an established player network and a booming presale, rumours indicate that Rollblock could overshadow even established names.

Why Rollblock Could Surpass Older Projects

Rollblock shines as a premier GambleFi platform on Ethereum, merging DeFi and iGaming in a way few can match. It has already raised $10.8 million during its presale and offers a $0.06 token entry point for early supporters.

Fans see this project as a potentially huge performer, especially given its real-world utility. The network supports more than 7,000 games, including slots, live dealer events, and sports betting markets – all powered by Ethereum-backed smart contracts for maximum fairness.

Tokenomics are structured to reward loyalty. By buying back and burning a percentage of RBLK tokens, Rollblock reduces supply, driving potential price growth. Specifically, 60% of repurchased tokens are permanently destroyed, while 40% go to stakers.

Such measures aim for long-term stability. Meanwhile, robust staking APYs (up to 30%) make holding RBLK highly attractive. Weekly dividends also await those who keep tokens locked since a portion of the casino’s revenue is shared with holders.

Join The Rollblock Revolution

This model creates ongoing passive income without sacrificing user confidence. Analysts note that Rollblock’s low market cap and unique approach could outperform bigger coins in the upcoming bull run. By focusing on both entertainment and profit generation, Rollblock sets a new standard for integrated DeFi platforms. This blend intrigues savvy investors.

Can Cardano keep up?

Over the past few months, ADA attracted fresh attention as large holders accumulated over 130 million coins. This trend shows growing whale interest, reflecting optimism about future adoption.

Source: https://cointelegraph.com/news/why-is-cardano-ada-price-up-today 

In fact, a prominent crypto analyst (Kwantxbt) recently noted that the token had “strong consolidation around $1.06–1.07 after [a 61% jump]” and believes the lower trading volume signals accumulation.

Beyond social media buzz, ADA whales have steadily built positions, suggesting confidence in upcoming developments. Network data indicates consistent usage, though some question whether it can match Rollblock’s pace.

Nevertheless, many traders expect ADA to hold its place among top blockchain contenders. Looking ahead, if whales remain bullish, ADA may stay in demand, but the fierce competition from emerging projects should not be overlooked.

ADA Also Faces Competition From Other Coins

Meanwhile, Chainlink and Toncoin continue expanding their DeFi ecosystems, challenging ADA for user attention. Each boasts strong developer support and novel features, but neither matches the multifaceted approach that Rollblock brings to the table.

Some analysts argue that ADA must innovate at a faster pace to stay competitive against these rising stars. Yet, many see opportunities for cross-chain collaboration and shared liquidity, lifting all boats. Still, with ADA holders anticipating new governance and dApp releases, the real question is whether any competitor can outpace Rollblock’s rapid momentum. 

Observers note that if this crypto expands partnerships, it might stand its ground alongside these platforms, but Rollblock’s unique GambleFi edge continues to intrigue investors. Even though Donald Trump shared that he would include this coin in the national reserve, it might not be enough.

Source: https://www.binance.com/en/square/post/21012528447785 

Conclusion

The crypto space often rewards those who spot emerging trends before they become mainstream. Rollblock appears poised to claim that spotlight, backed by strong tokenomics and broad functionality.

Established projects still hold weight, but ambition can transform an underdog into a leader. Whether it’s gaming, DeFi, or community growth, Rollblock seems ready to push boundaries, and investors should be prepared for significant momentum as markets shift in favor of daring newcomers.

Enjoy the march, friend referral bonus and secure you and a friend 30% off, plus a further 20% purchase bonus on all new buys. These can be stacked for a 50% total bonus.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!
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The post Can Cardano (ADA) Compete With Rollblock’s (RBLK) Meteoric 500% Rise? appeared first on Coinpedia Fintech News
Cardano has garnered attention for its slow-but-steady approach, but many wonder if it can keep up with Rollblock’s meteoric growth. Surprises have emerged in the crypto market, and some fresh contenders are shaking up old beliefs. With an established player network and a booming presale, rumours indicate that Rollblock could overshadow even established names. Why …

The Next Big Ethereum Rival? This Explosive Presale Raised $11M and Is Targeting a 10x Surge

IntelMarkets

The post The Next Big Ethereum Rival? This Explosive Presale Raised $11M and Is Targeting a 10x Surge appeared first on Coinpedia Fintech News

The era of the Ethereum price hype could be coming to an end. The cryptocurrency market saw a new opportunity when IntelMarkets launched its presale and secured more than $11 million. The platform has a token price of $0.09 which will rise to $0.10 in the next stage.

The combination of advanced AI tools with dual chain support could allow IntelMarkets to become a powerful rival against Ethereum (ETH). Many investors have their eyes on this emerging platform because it shows signs of a potential 10x surge.

IntelMarkets’ $11M Presale Shakes the Market

The crypto market has shown interest in IntelMarkets, which helped it to raise above $11.2 million in presale. The new platform currently sells tokens for $0.09 which will increase to $0.10 in the next stage.

The speed at which investors are getting IntelMarkets tokens in the presale could show their confidence in its ability to possibly challenge the Ethereum price. IntelMarkets has achieved success in presale through its advanced trading capabilities.

Source: IntelMarkets

The Intelli-M™ robots at IntelMarkets possess self learning capabilities. They can automatically adopt the market trends and learn from their mistakes to perform better. Further autopilot trading bots would guide users through easy crypto transactions. They use preset risk strategies while reducing the need for manual intervention in trades.

The platform gives its users the ability to maximize investment returns through its impressive 1000x leverage feature. IntelMarkets also offers dual chain functionality that would allow secure transactions on both Ethereum and Solana blockchains. This could give greater flexibility to users than the competing platforms.

IntelMarkets is becoming famous in the crypto industry because of its AI-based features and the potential to surge 10x after launch.

Ethereum Faces Challenging Market Conditions

Ethereum (ETH) has been facing intense market pressure because its value dropped around 30% this month. In fact, the current ETH/BTC ratio is the lowest it has been since 2021 which shows increasing market difficulties.

The Ethereum price is still trading above $2,000. However the platform is facing challenges because of regulatory concerns, spot ETF reviews, and market decline. The Layer 2 networks and selling pressure from institutions have also caused the Ethereum price to plunge lower.

Source: CoinMarketCap

The ETH token is still at number 2 in the market despite facing challenges. The upcoming EIP-4844 updates could promise to improve both the ETH token’s scalability and transactional performance as a sustainable development. The Ethereum price could experience a rebound if it maintains its support levels.

Yet analysts believe that the volatile market conditions might continue for the Ethereum price. Market experts are closely tracking the performance of the ETH token. However, investors are considering IntelMarkets because of its modern blockchain solutions and presale success.

IntelMarkets Could Potentially Rival Ethereum With 10x Surge

The Ethereum price continues to drop, and IntelMarkets is stepping into the limelight due to its massive presale success. If IntelMarkets reaches even 1% of ETH’s massive market cap of above $267 billion, each INTL token could be around $1.34.

From the current presale price of $0.09, this could mean an increase of over 1,300%. According to this prediction, IntelMarkets could easily experience more than 10x surge after launch.

The platform is also consistently working to improve its presence. IntelMarkets aims to add a Coin Margin Derivatives Contracts feature to its system. This development would allow traders to use Bitcoin and Ethereum as security for crypto futures and perpetual contracts. This feature improves flexibility and liquidity for users.

IntelMarkets has also performed many stress tests to guarantee its users that it can process big volumes of transactions while maintaining speed and security. This constant development and advanced AI-based features could allow IntelMarkets to potentially become the next big rival of the ETH token.

Final Thoughts

The recent swings in the crypto industry have severely affected the Ethereum price. This allowed emerging platforms like IntelMarkets to take the stage with an impressive $11M presale.

Its advanced features and investor confidence could allow INTL to surge 10x after launch and be the potential  ETH rival. Now is the best time to invest in the platform before the token price increases in the next stage.

Discover the IntelMarkets (INTL) presale:

Presale: https://intelmarkets.io/

Buy Presale: https://buy.intelmarkets.io/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

The post The Next Big Ethereum Rival? This Explosive Presale Raised $11M and Is Targeting a 10x Surge appeared first on Coinpedia Fintech News
The era of the Ethereum price hype could be coming to an end. The cryptocurrency market saw a new opportunity when IntelMarkets launched its presale and secured more than $11 million. The platform has a token price of $0.09 which will rise to $0.10 in the next stage. The combination of advanced AI tools with …

Crypto Price Today (07th March, 2025): Bitcoin Price Drops to $89k Ahead of Crypto Summit?

Crypto Price Today

The post Crypto Price Today (07th March, 2025): Bitcoin Price Drops to $89k Ahead of Crypto Summit? appeared first on Coinpedia Fintech News

The crypto market has bogged down after a bullish move just yesterday. As a result, the market capitalisation of the business now stands at $2.89 trillion. However, seasoned traders seized the opportunity, which led to the intraday trading volume surging by 10.07% to $129.65 billion. The drop coming ahead of pivotal events like Trump signing the executive order, Powell’s speech, U.S. jobs report, and Federal Reserve’s Monetary Policy Report has been a bummer for the industry. This has influenced the Fear & Greed Index to remain under the fear territory and a score of 30.

Bitcoin Price Recorrects to $88k

Bitcoin price has dropped by 4.42% in the past 24 hours to trade at $88,331.21. The $58.51 billion worth of trade volumes did little to push the flagship cryptocurrency’s price on the daily chart. BTC price did not react to Donald Trump signing an executive order to establish a Bitcoin reserve, which intends to position Bitcoin in line with traditional gold reserves.

Explore our in-depth Bitcoin Price Prediction 2025, 2026-2030 for insights on BTC’s next big move!

Altcoin Season Far from Reality?

As per Coin Market Cap’s “Altcoin Season Index”, the current score stands at 14 out of 100, indicating that the market remains in Bitcoin season. Leading altcoins experienced a broad decline, with Ethereum down 6.26% to $2170.17, XRP dropping 1.54% to $2.50, and Solana sliding 5% to $142.48.

Check out our XRP Price Prediction 2025, 2026-2030 to understand XRP’s price trajectory.

Top Gainers & Losers

While the majority of cryptocurrencies traded in the red, a few outliers posted gains: 

Top Gainers:

  • SUI: $2.76 (+3.08%)
  • CRO: $0.08641 (+2.01%)
  • LEO: $9.92 (+0.03%)

Top Losers:

  • Sonic: $0.5264 (-14.31%)
  • AAVE: $208.43 (-12.37%)
  • ONDO: $1.04 (-12.29%)

Subscribe to us, for all the latest updates from the world of cryptocurrencies!

FAQs

1. How much does 1 BTC cost today?

Bitcoin is currently priced at $88,331.21, reflecting a 4.42% decline in 24 hours.

2. Which cryptocurrencies gained the most today?

SUI, CRO, and LEO recorded the highest gains today.

3. What is the market sentiment today?

The Fear & Greed Index has dropped to 30 (Fear), indicating cautious investor sentiment.

The post Crypto Price Today (07th March, 2025): Bitcoin Price Drops to $89k Ahead of Crypto Summit? appeared first on Coinpedia Fintech News
The crypto market has bogged down after a bullish move just yesterday. As a result, the market capitalisation of the business now stands at $2.89 trillion. However, seasoned traders seized the opportunity, which led to the intraday trading volume surging by 10.07% to $129.65 billion. The drop coming ahead of pivotal events like Trump signing …

Explainer: What Trump’s Executive Order Means for Ripple’s XRP, and Other Altcoins

The post Explainer: What Trump’s Executive Order Means for Ripple’s XRP, and Other Altcoins appeared first on Coinpedia Fintech News

President Donald Trump’s latest executive order (EO) introduces new rules for how the U.S. government will handle digital assets like Bitcoin (BTC), XRP, and other cryptocurrencies. The order focuses on two key components: a strategic reserve for Bitcoin and a broader digital asset stockpile that includes XRP and other altcoins.

What is the Strategic Reserve for Bitcoin?

According to Fox Business’ Eleanor Terrett and David Sacks, the EO establishes a strategic reserve for Bitcoin (BTC), which will be the U.S. government’s primary digital asset. This reserve will be funded using the approximately 200,000 BTC tokens already in the government’s possession. These Bitcoins were seized over the years through criminal and civil forfeitures—meaning they were taken from illegal activities. The government will not need to buy any additional Bitcoin with taxpayer money. In fact, officials are authorized to explore ways to acquire more Bitcoin, but only through methods that do not cost taxpayers.

What is the Digital Asset Stockpile?

Alongside the Bitcoin reserve, the EO also creates a digital asset stockpile, which will contain cryptocurrencies other than Bitcoin. The stockpile will likely include assets like XRP, ADA (Cardano), ETH (Ethereum), and SOL (Solana), as announced by the President. However, unlike Bitcoin, the government will not actively look to purchase more of these altcoins. Instead, it will explore ways to acquire them without spending taxpayer dollars, such as using cryptocurrencies already seized from illicit activities.

The Role of Seized Assets

A key point discussed by experts is how the government will build its stockpile of XRP, ADA, and other cryptos without purchasing them. According to a former Goldman Sachs employee and founder of EasyA, the government will use seized assets to fill the stockpile. Over the years, the government has confiscated a large amount of cryptocurrency as part of legal actions against criminal activity. This means no new taxpayer money will be used for the stockpile.

No Plans to Sell Crypto

The government also announced that it will not be selling any of its seized cryptocurrencies, including Bitcoin and others. This decision could reduce market volatility caused by government sales of crypto. Over the last decade, the government sold around 195,000 BTC, which some believe led to downward pressure on Bitcoin’s price. By holding onto these assets, the government is signaling a more stable approach to managing its digital holdings.

What Does This Mean for the Crypto Market?

The decision not to sell seized cryptocurrencies, along with the creation of a digital asset reserve and stockpile, is seen as a positive step for the crypto market. It reduces potential selling pressure and might help stabilize prices, especially for Bitcoin. Overall, these measures are viewed as bullish for the market, particularly for Bitcoin and other digital assets included in the government’s stockpile.

The post Explainer: What Trump’s Executive Order Means for Ripple’s XRP, and Other Altcoins appeared first on Coinpedia Fintech News
President Donald Trump’s latest executive order (EO) introduces new rules for how the U.S. government will handle digital assets like Bitcoin (BTC), XRP, and other cryptocurrencies. The order focuses on two key components: a strategic reserve for Bitcoin and a broader digital asset stockpile that includes XRP and other altcoins. What is the Strategic Reserve …

Why Is Bitcoin Price Dropping? Key Reasons Behind the Sudden Crash

Bitcoin Price Prediction

The post Why Is Bitcoin Price Dropping? Key Reasons Behind the Sudden Crash appeared first on Coinpedia Fintech News

Bitcoin’s price has taken a sharp hit, dropping 4% in the past 24 hours and leaving investors worried. The global crypto market lost nearly $99 billion in just 24 hours, bringing the total market cap down to $2.89 trillion. But what is causing this sudden Bitcoin drop? Here’s the key reasons behind the recent market drop.

Uncertainty Over U.S. Government’s Bitcoin Plans

One major reason for Bitcoin’s decline is the significant Bitcoin initially surged to $92,000 following President Trump’s announcement of a U.S. Strategic Bitcoin Reserve. However, the market quickly turned bearish after realizing the executive order did not clarify how the government would acquire more Bitcoin.

The uncertainty surrounding whether the U.S. will buy more Bitcoin or just hold onto its seized BTC has left investors skeptical. Some experts, like Peter Schiff, believe the lack of clear accumulation plans could hurt Bitcoin’s long-term growth.

Bitcoin ETFs See Heavy Outflows

Another reason for Bitcoin’s drop is the significant outflow from Bitcoin spot ETFs. According to Farside data, Bitcoin spot ETFs recorded a massive outflow of $134.3 million. This came right after a day of positive inflows, where Bitcoin ETFs saw $22.1 million entering the market.

Leading the outflows was BlackRock’s iShares Bitcoin Trust (IBIT), which saw a $50.6 million outflow, followed by Grayscale Bitcoin Trust (GBTC) with $34.5 million and Franklin Templeton’s fund with $18 million in outflows. 

No other major ETF recorded a net inflow, indicating strong selling pressure from institutional investors.

Market Liquidations Increase Selling Pressure

Apart from the spot Bitcoin ETF Outflow, increasing market liquidations is leading to massive selling pressure. In the last 24 hours, traders lost a total of $531 million, with long traders suffering the most. Long positions accounted for $398.3 million of these liquidations, while short traders faced $133 million in losses.

A total of 152,576 traders were affected by these liquidations, with the largest single liquidation occurring on Bitfinex’s BTC/USDT pair, valued at $15.40 million. As long positions get wiped out, the selling pressure increases, pushing Bitcoin’s price even lower.

Bitcoin Struggles to Hold Key Support

Lastly, bitcoin technical analysis suggests that BTC is struggling to hold its key support level as of now it is trading just below its key support level of $89,041. If it fails to reclaim this level, further declines toward $85,000 or even $82,761 could occur. 

However, if Bitcoin manages to flip the $90,800 resistance into support, it could attempt a recovery toward $93,625.

The post Why Is Bitcoin Price Dropping? Key Reasons Behind the Sudden Crash appeared first on Coinpedia Fintech News
Bitcoin’s price has taken a sharp hit, dropping 4% in the past 24 hours and leaving investors worried. The global crypto market lost nearly $99 billion in just 24 hours, bringing the total market cap down to $2.89 trillion. But what is causing this sudden Bitcoin drop? Here’s the key reasons behind the recent market …

Why Is the Crypto Market Down Today?

The total crypto market cap (TOTAL) and Bitcoin (BTC) have struggled to recover recent losses, with global political tensions continuing to escalate. This has kept volatility high, impacting the crypto market. Ondo (ONDO) is leading the decline among altcoins, experiencing an 8% drop in the last 24 hours.

In the news today:-

  • The Texas Bitcoin Reserve proposal passed the Senate with 25 out of 30 votes in favor, moving closer to becoming law. Despite some Republican defections, the bill, which does not mandate Bitcoin purchases, has garnered bipartisan support and will now proceed to the House for further approval.
  • Sam Bankman-Fried, in an interview with Tucker Carlson from prison, reiterated his belief that declaring bankruptcy was a mistake and claimed FTX would have $93 billion in assets. However, his responses reflect biases, and it’s essential to consider his perspective with caution.

The Crypto Market Dips Again

The total crypto market cap lost $99 billion over the past 24 hours, currently sitting at $2.82 trillion. This decline followed a failed attempt to breach the $2.93 trillion resistance, further pressured by escalating global tensions, particularly surrounding Trump’s tariff war, which dampened market sentiment.

At present, the total crypto market cap is holding above the $2.75 trillion support level. However, the bearish sentiment persists, and if global tensions continue to rise, it could trigger further declines, potentially dropping to the $2.63 trillion support level. This would extend recent losses and further dampen investor confidence.

Total Crypto Market Cap Analysis.
Total Crypto Market Cap Analysis. Source: TradingView

Despite the current downturn, a shift in broader market conditions could signal recovery for the crypto market. If TOTAL manages to breach the $2.93 trillion resistance, it could reverse the bearish trend and attempt to rise above $3.00 trillion. This would invalidate the current bearish outlook and mark the beginning of a potential rally.

Bitcoin Fails Securing Support

Bitcoin’s price is down by 4% today, trading at $87,004, just below its support level of $87,041. The broader market’s bearishness has been intense, as seen in the intra-day low of $84,667. Bitcoin’s price movement is largely influenced by this ongoing market volatility, which is hindering recovery.

If the support level of $87,041 is regained, Bitcoin may find stability and a shot at recovery. However, if Bitcoin slides further below this critical support, it could experience a decline towards $85,000 or even slide further to $82,761. This would reinforce the bearish sentiment and extend the current downtrend.

Bitcoin Price Analysis
Bitcoin Price Analysis. Source: TradingView

To invalidate the bearish outlook, Bitcoin must reclaim the $89,800 support level, something it was unable to achieve today. Successfully flipping this level into support could push Bitcoin’s price toward $93,625. A recovery beyond this point would indicate a shift in momentum toward the upside.

Ondo Takes A Big Hit

Ondo price has dropped by 8.6% over the last 24 hours, falling below the support level of $1.10 and currently trading at $1.02. This downturn has made ONDO the worst-performing asset of the day. The market sentiment suggests that further declines are unlikely in the near future.

Given the current market conditions, ONDO is expected to consolidate between the $1.10 and $0.96 levels. This price range has proven reliable in the past. While a major price drop seems unlikely, ONDO’s performance will largely depend on market sentiment and investor action in the coming days.

ONDO Price Analysis.
ONDO Price Analysis. Source: TradingView

If the $1.10 support is successfully reclaimed, ONDO has the potential to rise toward $1.27. Breaching this resistance, alongside overcoming the 50-day and 200-day EMAs, could signal a shift in momentum and invalidate the current bearish outlook, paving the way for further upside potential.

The post Why Is the Crypto Market Down Today? appeared first on BeInCrypto.

Bitcoin Reserve or Rebranding? The Debate Over Trump’s Latest Executive Order

Donald Trump has followed through on his promises and signed an executive order to establish a Strategic Bitcoin Reserve and a separate US Digital Asset Stockpile. 

While some industry figures have lauded the order, others remain skeptical. They argue that the initiative is little more than a rebranding of existing government holdings with no substantive new strategy.

Donald Trump Signs Order for Strategic Bitcoin Reserve

The order directs the US Department of Treasury to initially fund the Strategic Bitcoin Reserve with BTC seized through criminal and civil asset forfeiture. The administration has vowed not to sell these assets. 

“Bitcoin, the original cryptocurrency, is referred to as “digital gold” because of its scarcity and security, having never been hacked. With a fixed supply of 21 million coins, there is a strategic advantage to being among the first nations to create a Strategic Bitcoin Reserve,” the order read.

Arkham Intelligence data shows that the US government holds 198,109 BTC in its public wallets, valued at $17.5 billion at current market prices. 

US Government Crypto Holdings
US Government Crypto Holdings. Source: Arkham

Despite this substantial holding, David Sacks, the White House’s AI and Crypto Czar, noted that a comprehensive audit of the government’s digital assets has never been conducted. The new executive order mandates this accounting.

“Premature sales of Bitcoin have already cost US taxpayers over $17 billion in lost value. Now the federal government will have a strategy to maximize the value of its holdings,” he wrote.

It also authorizes budget-neutral strategies for potentially acquiring more Bitcoin. Yet, critics argue that the reserve lacks substantive impact.

Industry Experts Divided on Strategic Bitcoin Reserve

Jacob King, founder of WhaleWire, dismissed the recent attention around the reserve. 

“In reality, this has existed for over a decade—they’re just slapping a fancy title on it to appease Bitcoiners,” he remarked

King also pointed out that the reserve would not involve any new Bitcoin purchases. Therefore, he believes, this makes the move largely insignificant in the grand scheme of the market.

Peter Schiff, an outspoken critic of Bitcoin, also weighed in on the order. According to Schiff, the move was made under pressure from donors and conflicted cabinet members. 

He described the order as a “bogus” attempt to capitalize on the Bitcoin the government already holds.

“If they seize any more Bitcoin they can keep that too. But they can’t buy any more, as buying by definition requires a payment,” Schiff posted.

Despite the criticisms, some industry leaders see the order as a significant step toward legitimizing Bitcoin on the world stage. 

“The end game was never the US government buys all of the world’s Bitcoin,” Ryan Rasmussen, Head of Research at Bitwise, said.

Rasmussen explained that the move will likely prompt other countries to buy Bitcoin. He also expects it to pressure wealth managers, financial institutions, pensions, and endowments to adopt the cryptocurrency. 

The reserve, Rasmussen said, will alleviate concerns about the US selling its holdings and may pave the way for future acquisitions. He added that the move increases the likelihood of US states adopting Bitcoin.

Matt Hougan, CIO at Bitwise, also concurred. He pointed out that the order could significantly reduce the likelihood of future Bitcoin bans. Hougan added that the reserve,

“Accelerates the speed at which other nations will consider establishing strategic bitcoin reserves, because it creates a short-term window for nations to front-run potential additional buying by the US.”

Analyst Nic Carter also praised the decision, calling it a successful fulfillment of a key campaign promise. He highlighted that Bitcoin had received official US government approval, a distinction not granted to other cryptocurrencies. Carter emphasized that using no taxpayer funds helped shield the initiative from backlash.

“Announcement couldn’t have gone better,” he claimed.

The signing of the executive order took place just one day before the White House Crypto Summit. Initially, it was anticipated that Trump would sign the Bitcoin reserve order at the summit, which had driven Bitcoin prices up. Nonetheless, the actual signing led to a dip in the cryptocurrency’s value. 

Bitcoin Reserve order
BTC Price Performance. Source: BeInCrypto

After briefly regaining that level on March 5, Bitcoin dropped below $90,000 again. At press time, Bitcoin was trading at $87,469, marking a 4.5% decrease over the past 24 hours.

The post Bitcoin Reserve or Rebranding? The Debate Over Trump’s Latest Executive Order appeared first on BeInCrypto.

Over $3 Billion in Bitcoin and Ethereum Options Expire Ahead of Trump’s White House Crypto Summit

Today, over $3 billion worth of Bitcoin and Ethereum options expire. It will see over $2.5 billion worth of BTC and nearly $500 million worth of ETH contracts settled. How will the prices of both assets react?

These options’ expiry will take place at 8:00 UTC on Deribit, potentially inspiring volatility across the crypto market.

Bitcoin Faces $89,000 Max Pain in Today’s Options Expiry

Today, March 7, 29,005 Bitcoin contracts with a notional value of $2.54 billion are set to expire. According to Deribit data, Bitcoin’s put-to-call ratio is 0.67. The maximum pain point—the price at which the asset will cause financial losses to the greatest number of holders—is $89,000.

Bitcoin Options Expiration
Bitcoin Options Expiration. Source: Deribit

Additionally, Ethereum sees the expiration of 223,395 contracts with a notional value of $481.9 million. The maximum pain point for these contracts is $2,300, with a put-to-call ratio of 0.72. 

Expiring Ethereum Options
Expiring Ethereum Options. Source: Deribit

The maximum pain point in the crypto options market represents the price level that inflicts the most financial discomfort on option holders. At the same time, the put-to-call ratios, below 1 for both Bitcoin and Ethereum, indicate a higher prevalence of purchase options (calls) over sales options (puts).

Crypto options trading tool Greeks.live provided insights into the current market sentiment. They cited an overall bearish market sentiment, with traders expressing frustration over extreme volatility and choppy price action.

Bitcoin’s sharp intraday swings, such as recent moves of $6,000, have led to what traders describe as “scam both ways” conditions. According to analysts at Greeks.live, this makes it difficult to establish a clear directional trend.

“Most traders are watching the 87,000-89,000 range as key resistance, with 82,000 noted as a recent bottom, though there is significant disagreement on whether a sustainable bottom has been found,” wrote Greeks.live.

Further, the pronounced put skew reflects the broader pessimism, as traders continue to favor downside protection despite occasional upward moves. The analysts also observe that traders are adjusting their strategies amidst the high volatility.

“Several traders are selling calls at 89,000-90,000 range as a preferred strategy in this environment, with one trader reporting they’re at -260% on calls bought at lower levels,” Grreeks.live added.

The belief that the market is currently in a liquidity-driven phase has led to a focus on quick entries and exits. This level of caution comes as longer-term positions remain vulnerable to abrupt swings. External macro factors, such as shifting trade policies and tariff announcements, add to the uncertainty.

As a result, many traders are choosing to stay on the sidelines, waiting for clearer signals before committing to new positions.

“With markets on edge, where do you think price action will land? Above or below max pain?” Deribit posed in a post on X (Twitter).

Nonetheless, traders must remember that option expiration has a short-term impact on the underlying asset’s price. Generally, the market will return to its normal state shortly after and possibly even compensate for strong price deviations.

Traders should stay vigilant, analyzing technical indicators and market sentiment to navigate potential volatility effectively. Meanwhile, these developments come after US President Donald Trump signed the strategic Bitcoin reserve order.

Notably, the order was short of specific details, with many questions likely to be answered later during the White House Crypto Summit.

The post Over $3 Billion in Bitcoin and Ethereum Options Expire Ahead of Trump’s White House Crypto Summit appeared first on BeInCrypto.

Just In: US Senator Tim Scott Introduces Bill To End Debanking Practices

Just In: US Senator Tim Scott Introduces Bill To End Debanking Practices

U.S. Senator Tim Scott (R-S.C.) has introduced new legislation aimed at addressing the growing issue of debanking practices in the country. The Financial Integrity and Regulation Management Act, or FIRM Act, seeks to eliminate the use of reputational risk as a metric for regulating financial institutions.

This move is part of Tim Scott’s ongoing efforts to curb the use of federal banking agencies to push political agendas and restrict access to banking services.

Tim Scott Introduces Bill To End Debanking Practices

The FIRM Act aims to address concerns over the role of reputational risk in the regulation of financial institutions. Reputational risk has been used by federal banking agencies to assess the safety and soundness of financial institutions. The new legislation will eliminate all references to reputational risk as a factor in determining the supervisory ratings of these institutions.

Senator Tim Scott’s bill would also prevent federal banking agencies from creating new rules or guidance based on reputational risk. Additionally, it mandates that these agencies report to Congress on their progress in eliminating reputational risk as a measure for supervision.

As part of this reform effort, Tim Scott expressed concerns about how reputational risk has been used to target certain businesses and individuals, particularly those involved in politically sensitive industries. The legislation is positioned as a way to stop federal regulators from abusing their authority for political purposes.

This Is A Developing News, Please Check Back For More

The post Just In: US Senator Tim Scott Introduces Bill To End Debanking Practices appeared first on CoinGape.

White House Set To Clarify Strategic Crypto Reserve Plan: Here’s All

White House Set To Clarify Strategic Crypto Reserve Plan

The White House is preparing to issue a clarification on its proposed Strategic Crypto Reserve, with an official statement expected soon. The clarification is anticipated to address key concerns surrounding the funding mechanism for the initiative, particularly the legal and financial constraints that could affect the government’s ability to acquire and hold digital assets.

Strategic Crypto Reserve: White House To Address Key Questions

According to Fox Business senior correspondent Charles Gasparino, sources indicate that the Donald Trump administration is working on a statement regarding the Strategic Crypto Reserve. The statement, expected later today or tomorrow, aims to provide more details on how the initiative will be funded.

One of the primary concerns is the use of taxpayer funds to purchase digital assets. Under existing regulations, such an approach would require congressional approval. According to experts, this remains highly unlikely in the current political landscape. The challenge may lead policymakers to explore alternative methods to finance the reserve.

Charles Gasparino stated, 

“My guess is it will address the funding mechanism, ie, the potential roadblock for buying digital coins with taxpayer money (they would need congressional approval, which is next to impossible).

Despite support from many industry members, Donald Trump’s crypto reserve has faced some criticism. Solana co-founder Anatoly Yakovenko strongly opposes the idea, arguing that government control over digital assets could threaten decentralization. He suggests that if a Crypto Reserve is inevitable, it should be managed by individual states rather than the federal government.

Potential Funding Solutions Under Consideration

To bypass the need for congressional approval, officials are reportedly exploring other funding mechanisms. One option would be utilizing Bitcoin previously seized from illicit activities. The U.S. government currently holds around 200,000 Bitcoins confiscated from individuals and organizations accused of financial crimes. Repurposing these assets could provide an immediate and legally feasible solution.

Another alternative under discussion is the creation of a sovereign wealth fund to finance cryptocurrency acquisitions. This approach, which has been suggested by experts, would allow the government to manage digital assets without relying on taxpayer dollars. If adopted, the fund could be structured similarly to sovereign wealth funds used to invest in strategic financial assets.

Market Reaction and Bitcoin Futures Trading Trends

Following reports about the Strategic Crypto Reserve, traders in the Bitcoin futures market reacted swiftly. Data from CryptoQuant shows that many traders took profits when Bitcoin price surged after the announcement. Short positions dominated as prices began to decline.

CryptoQuant
Source: CryptoQuant

However, a shift occurred after President Donald Trump made comments on cryptocurrency, leading to a short squeeze. Traders holding short positions rushed to cover their bets, causing Bitcoin price to rise. This sudden reversal triggered renewed optimism in the market, with investors opening long positions in anticipation of potential government policies favoring digital assets.

Meanwhile, Trump’s Crypto Czar criticized the Biden administration for missing out on $17 billion in potential Bitcoin profits. He pointed out that the government auctioned off 195,000 BTC for just $366 million over the past decade, failing to capitalize on the asset’s 4,500% surge.

With the White House Crypto Summit approaching, expectations are rising for a shift in U.S. crypto policy under Trump’s leadership.

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