For years, the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have struggled with crypto regulation and jurisdictional clashes. Unfortunately, this has resulted in uncertainty for many businesses, including Web3 firms.
According to history, the SEC has treated most digital assets as securities, while the CFTC has maintained that cryptocurrencies like Bitcoin fall under its commodity oversight. This unclear regulatory territory has led to inconsistent enforcement and policy confusion.
US SEC and CFTC To Work Together
At a recent fintech symposium in Washington, D.C., the CFTC’s leadership revealed a renewed effort to collaborate with the SEC.
American journalist Eleanor Terrett reported on X that Acting Chair Caroline Pham stressed the implications of fixing the barrier between the two regulatory agencies. This will help them address digital asset oversight more effectively and cohesively.
Furthermore, SEC Commissioner Hester Peirce, known for advocating more transparent crypto regulations, supported this approach. This points to the SEC’s realization of its regulatory limits, especially in the current government.
The SEC’s newly established Crypto Task Force is now working to define which areas fall outside its authority. This is a pivotal step toward more structured oversight.
Crypto Regulation Outlook: US SEC and CFTC
Historically, the SEC has focused on enforcement, treating most tokens as securities and pursuing cases against crypto firms for unregistered offerings.
The CFTC, the other hand, has regulated derivatives and fraud in commodity markets while taking a more flexible approach to crypto spot markets.
Recent legislative proposals, such as FIT21, intend to clarify these roles by giving the CFTC greater control over decentralized assets. In contrast, the US SEC would oversee securities-like tokens.
Importantly, this current engagement between regulators and policymakers shows a push for a more consistent framework for exchanges’ operations.
Future of Crypto Regulation Under President Trump
With President Donald Trump’s return to office, the regulatory approach has been tilting toward a more industry-friendly stance.
For context, the previous Trump administration favored lighter-touch regulation. In addition, the Republican lawmakers have historically supported the CFTC’s approach over the SEC’s aggressive enforcement.
With President Trump returning to office, the crypto community has seen history repeated, with key areas changing. For example, the long-standing Coinbase lawsuit is closed as well as those of other top crypto firms. Also, Binance announced its return to the American crypto market last month amid favorable policies.
While no immediate policy changes are confirmed, the expectation is that regulation of crypto firms will improve. There might be a stronger emphasis on fostering innovation rather than strict compliance measures.
In addition, the upcoming White House Crypto Summit on March 7 will bring together industry leaders, investors, and policymakers. This marks another significant move by the Trump administration to support the crypto community, less than 100 days into his presidency.
Crypto analyst Crypto Pal has shared an ultra-bullish prediction for the XRP price and how it could rally to $10,000 thanks to its inclusion in the crypto Strategic Reserve. Meanwhile, other crypto analysts have given more conservative XRP predictions, predicting that the crypto’s price could at least reach triple digits.
XRP Price To Reach $10,000 Following Inclusion In Strategic Reserve
In an X post, Crypto Pal shared a prediction of the XRP price rallying to between $10,000 and $35,000. The analyst then asserted that the XRP Strategic Reserve will make this happen easier than ever.
US President Donald Trump recently announced XRP’s inclusion in the proposed crypto Strategic Reserve, which provides a bullish outlook for XRP. The XRP price had even surged on the back of this announcement, coming close to reaching a new all-time high (ATH).
However, despite the Strategic Reserve providing a bullish outlook for XRP, there remain doubts that this initiative could send the crypto’s price to such ambitious targets. A rally to $10,000 would put XRP’s market cap in trillions of dollars and make it worth more than the global economy, making this prediction far-fetched.
Amid this ultra-bullish price prediction for XRP, crypto analysts have offered more conservative price targets for the crypto. Crypto analyst Egrag Crypto recently predicted that Ripple’s native coin could still hit $320 between now and next year. Meanwhile, he predicted that the crypto would rally to $30 by May this year.
Crypto analyst Dark Defender also recently predicted that XRP could reach $8 irrespective of the outcome in the Ripple SEC case. However, a settlement in the Ripple lawsuit could undoubtedly spark a significant price surge for the crypto.
XRP Gearing Up For Its Next Big Leap
In an X post, Egrag Crypto stated that the XRP price is gearing up for its next big leap. He explained that the crypto is holding above critical support trend level and has successfully retested the Bull Market Support Band.
He also revealed that XRP is consolidating above the Fibonacci 0.888 level while another macro consolidation zone, the Fib 1.0 zone, is in play. The Fib 1.0 level puts XRP at $3.37. Crypto analyst CasiTrades also predicted that Ripple’s native coin could soon rally above $3 if it stays above the trendline at $2.42.
Meanwhile, Egrag Crypto predicts that there will be a “noise consolidation” for XRP between $3.40 and $2.00. Once that consolidation is done, the analyst predicts XRP’s next major leg would lead to a rally to between $8.5 and $13, which are the Fib 1.272 and 1.414 level. He also remarked that market participants should not ignore Fib 1.618 at $27.
Crypto whales look to be preparing for this parabolic XRP price rally, as they continue to move significant coins around, indicating active accumulation. Crypto analyst Ali Martinez recently revealed that over $5.37 billion worth of XRP has been transferred in the last 24 hours.
Ethereum’s planned Pectra upgrade, the blockchain’s most significant update since 2022’s “The Merge,” launched today on the Sepolia testnet. However, the launch didn’t go smooth as it faced issues in its testnet release, further delaying mainnet launch. According to a recent tweet from the lead Ethereum developer, the team has identified the issue and rolled out a fix.
Quick Fix Applied to Sepolia Deposit Contract Issue
The Ethereum community employs testnets to experiment with significant updates in a secure environment before they are implemented on the primary blockchain, often referred to as the “mainnet.”
Despite these precautions, the rollout encountered some snags. Tim Beiko, a leading developer at the Ethereum Foundation, reported on Twitter that they were addressing a glitch related to the custom deposit contract on the Sepolia testnet.
He further explained that this glitch had impacted certain Execution Layer (EL) clients, leading to problems with processing transactions within blocks. EL clients are essential software that operates on the Ethereum network’s nodes.
Roughly six hours after the error was identified, Tim Beiko reported that a solution was in place. He stated, “Client teams have coordinated on a fix and are trying to deploy it to validators right now. If this works as expected, we’ll have a longer update out shortly.”
Tim Beiko stated that all node operators need to upgrade their nodes to the versions listed on the Ethereum website’s blog. He mentioned that validators had already upgraded, resulting in the chain operating normally again. However, he noted that explorers, wallets, and other infrastructure providers might encounter issues until they also perform their upgrades.
The Mainnet Release Might Get Delayed
Earlier in the day, the launch was hailed as a triumphant success. Terence, a leading Ethereum developer, shared on Twitter that the Pectra had “finalized with a perfect proposal rate” on the Sepolia testnet. This meant that every validator had flawlessly proposed their assigned blocks without fail.
However, this achievement came after a challenging period. Initially, the deployment of Pectra on Sepolia had caused significant disruptions, preventing transactions from being recorded and essentially bringing the testnet to a halt for around five hours.
The Pectra upgrade had encountered problems before. For example, a misconfiguration among validators caused a chain split during its deployment on the Holesky testnet on February 24, leading to a failed rollout. Ethereum developers now expect that it will take at least two more weeks to finalize this activation.
The plans for a mainnet launch of Pectra, which is one of the most significant forks since Ethereum transitioned to proof-of-stake, are dependent on successful upgrades of both the Holesky and Sepolia testnets.
Although the Ethereum Foundation had initially aimed for an early April release for the mainnet, this timeline might be stretched to ensure the issues observed in the testnets are thoroughly addressed and do not recur.
The post Developers Implement Crucial Fix After Ethereum’s Pectra Upgrade Faced Issues on Sepolia Testnet appeared first on Coinpedia Fintech News
Ethereum’s planned Pectra upgrade, the blockchain’s most significant update since 2022’s “The Merge,” launched today on the Sepolia testnet. However, the launch didn’t go smooth as it faced issues in its testnet release, further delaying mainnet launch. According to a recent tweet from the lead Ethereum developer, the team has identified the issue and rolled …
The cryptocurrency market remains a space of high stakes and big questions, with Dogecoin (DOGE) and BinoFi (BINO) standing out as two tokens that could potentially deliver millions to investors by the end of Q3 2025. Dogecoin has a proven track record, soaring to unexpected heights in 2021 on waves of social media support.
BinoFi, a newer project, presents its token priced at $0.02 in a presale, BINO being the blood that will run through the veins of the first hybrid crypto exchange, blending centralized and decentralized trading systems.
As analysts tracking market trends see, both are carrying distinct paths; Dogecoin with its momentum and BinoFi with its innovation, each holding the possibility of significant returns.
Dogecoin’s Momentum and Risks
Dogecoin’s story began in 2013 as a lighthearted project, but it turned serious in 2021 when its price jumped from $0.002 in December 2020 to $0.74 by May, a 37,000% surge driven by endorsements from figures like Elon Musk, peaking its market cap at $85 billion with daily trading volume hitting $20 billion.
Now it sits at $0.23, up 13% in the last 24 hours with $2 billion traded, according to CoinMarketCap, though it’s down 26% over the past month from $0.31.
Analysts note its potential to climb again, possibly to $0.50 or even $1 by Q3 2025 if social sentiment spikes. However, its reliance on hype over utility makes it a volatile bet for millions, not a steady climb.
BinoFi’s Hybrid Advantage
BinoFi takes a different approach, launching the first hybrid exchange that combines the speed and liquidity of centralized platforms with the security and control of decentralized systems, positioning it as a contender by Q3 2025.
One key feature is BinoFi’s cross-chain trading, allowing users to move assets directly between blockchains. For example, swapping 10 Ethereum (ETH) at $2,500 each for 150 Solana (SOL) at $166 without relying on risky bridges or intermediaries, ensuring faster and safer transactions.
Another benefit is trade rewards: every trade returns a small amount of BINO to the user, estimated at 0.5% per transaction in early stages, incentivizing activity and adding value over time.
Unlike Dogecoin’s dependence on external sentiment, BinoFi’s value builds on practical use, offering a foundation that could drive steady growth if adoption rises.
Opportunity to get on board
BinoFi’s presale is kicking into high gear as BINO tokens are priced at $0.02 right now, but that bargain’s fading fast as the crowd piles in, and the price is about to climb any minute, leaving latecomers with a bigger regret.
Experts say this could soar past a dollar in 2025 when the hybrid exchange goes live, turning a small investment into a serious stack for those who get in early.
It’s wide open to everyone, no exclusive sale to institutional investors, but traders are grabbing it quick, and the chance to buy cheap won’t hang around.
BinoFi’s presale growth potential is notable: if BINO reaches $1, an investment of 50 000 tokens , ($1,000 today) becomes $50 000, a substantial leap tied to its exchange’s success.
Conclusion
Dogecoin and BinoFi approach Q3 2025 with different strengths, Dogecoin’s $2 billion daily trading volume and $34 billion market cap today signal its ability to surge if sentiment flares again, though its volatility demands careful timing.
BinoFi’s hybrid exchange, with cross-chain trading and trade rewards, provides a more structured path, leveraging utility to build value from its $0.02 presale start, offering early investors a shot at significant returns by summer.
The post Dogecoin (DOGE), BinoFi (BINO): Can They Earn Investors Millions by the End of Q3 2025? appeared first on Coinpedia Fintech News
The cryptocurrency market remains a space of high stakes and big questions, with Dogecoin (DOGE) and BinoFi (BINO) standing out as two tokens that could potentially deliver millions to investors by the end of Q3 2025. Dogecoin has a proven track record, soaring to unexpected heights in 2021 on waves of social media support. BinoFi, …
The crypto market is buzzing with news of a rapidly rising star. Codename:Pepe has captured attention with its staggering $1 million presale, drawing eyes away from stagnant coins like DOGE and SHIB. This energetic new project promises massive returns, capturing the interest of investors looking for the next big win in the meme coin world.
With a unique blend of humor and ambition, Codename:Pepe aims to outshine its competitors by using artificial intelligence for smarter trading. The presale success suggests growing support, and investors may find it challenging to ignore this opportunity. In a market where some coins lag, this project seeks to redefine success with skyrocketing potential.
Codename:Pepe Unleashes True Intelligence for Maximum Profits
The crypto underworld is infested with fake AI agents—shady operators promising “next-gen intelligence” while barely outsmarting a toaster. This nonsense ends today.
Codename:Pepe has come to denounce fake AI agents. This ultimate undercover agent does not pretend, it is actually doing something useful: helping you make money in the chaotic meme coin jungle. Codename:Pepe is on a mission of mass hilarity (and, naturally, ridiculous gains).
Classified Intel: The True Identity of Codename:Pepe
Keep this under wraps: Codename:Pepe is a Pepe in disguise. Modeled after the legendary PEPE coin, which skyrocketed nearly 22,000%, this covert operative has the same ambition. Will it succeed? That depends on its community.
Unlike VC-backed rug pulls, Codename:Pepe is powered by the people. The bigger the support, the higher it moonwalks. That’s why it has chosen the community-driven presale strategy with a smart plan:
Entry Price at Stage One: $0.003333333 (because three is a lucky number)
Final Stage Price: $0.151515152 (because round numbers are boring)
Codename:Pepe plans to use the power of artificial intelligence to hunt down the juiciest meme coins, predict market trends, and deliver exclusive AI-powered trading signals before the FOMO kicks in.
Beyond smart analysis, this genius agent will also trade for you with its fully automated AI-trader, turning those signals into sweet gains.
Every great agent needs an elite organization backing them. That’s where $AGNT comes in. Holding $AGNT unlocks membership in a top-secret DAO, where operatives (investors) gain access to classified strategies, insider analytics, and the ability to vote on high-stakes missions. Holding $AGNT will unlock:
Membership in a top-secret DAO
Access to classified strategies
Insider analytics
Ability to vote on high-stakes missions
Profits from the mutual DAO fund will be allocated to those who stake their $AGNT, ensuring the spoils of the trade go to the most loyal agents.
Top-Secret Tokenomics (No Funny Business)
This is a community-first operation, so 25% the total token supply is allocated for staking and rewards.
Codename:Pepe isn’t just throwing tokens around like confetti. The supply is capped at 5 billion, ensuring no surprise inflation bombs.
Further breaking down the tokemonics, only 20% of the supply is allocated for the presale. The offer at a discounted price is limited.
Final Orders: Deploy Capital & Secure Your $AGNT Now
This is your shot to join crypto’s most ridiculous yet lucrative mission. The best entries go to the fastest trigger fingers. Don’t be the guy who “wished he got in early.”
The mission is set. The presale is live. Are you in, or will you let the AI fakes win?
Dogecoin is a digital currency that operates on a peer-to-peer network. Launched in December 2013 by engineers Billy Markus and Jackson Palmer, it features a Shiba Inu dog as its logo. It was created as a fun and approachable alternative to Bitcoin. The currency is based on LuckyCoin, a derivative of Litecoin, using a Scrypt algorithm for mining. Unlike Bitcoin, Dogecoin has an unlimited supply, allowing more coins to be produced over time. Its transactions are processed quicker due to a shorter block time.
Dogecoin gained attention through endorsements from public figures like Elon Musk. It also became known for its participation in charitable activities, including sponsoring an Olympic team and funding African water projects.
In 2021, Dogecoin reached a significant price peak driven by online hype but has since seen a reduction in value. Known for its volatility, Dogecoin continues to have a dedicated following and is a recognized name in the cryptocurrency market. While facing competition from coins like Litecoin and Shiba Inu, Dogecoin’s community-driven growth and unique origin maintain its presence in the crypto space.
Shiba Inu: A Meme Coin Gainging Prominence
Shiba Inu, also known as SHIB, is a digital currency launched in 2020. It started as a meme coin, aiming to follow the success of Dogecoin. The token quickly gained attention from influencers like Vitalik Buterin and Elon Musk.
Built on the Ethereum blockchain using the ERC-20 token standard, it was initially intended for transactions and investments. As its popularity grew, the creators expanded its use case by launching a decentralized exchange and an NFT project. These initiatives helped SHIB stand out from other meme coins by offering more practical applications.
In recent years, SHIB has maintained stability around the $0.00001 to $0.00002 price range. This follows its peak in October 2021 when it reached $0.00008845. Though it has seen a notable decrease since, the ecosystem surrounding SHIB continues to expand with projects like a metaverse, games, and merchandise. While the token has the infrastructure to support growth, an external factor, such as a new crypto market surge, might be needed for a significant price increase. The potential for SHIB to regain its peak relies on future market behaviour and its ongoing ability to innovate and engage users.
Conclusion
While established meme coins like DOGE and SHIB show signs of slowing down in the short term, Codename:Pepe is making a significant impact by integrating advanced intelligence for maximizing profits. Its rapid $1M presale reflects a strong community interest in innovative solutions that go beyond the hype.
By leveraging AI to navigate the complexities of the crypto market, Codename:Pepe offers a fresh approach that sets it apart from its predecessors. As the market enters a bullish phase, this project positions itself as a promising contender for those seeking substantial gains through intelligent investment strategies.
The post Codename:Pepe (AGNT) Hits $1M Presale in Record Time—The Next 10,000% Moonshot While DOGE & SHIB Stagnate? appeared first on Coinpedia Fintech News
The crypto market is buzzing with news of a rapidly rising star. Codename:Pepe has captured attention with its staggering $1 million presale, drawing eyes away from stagnant coins like DOGE and SHIB. This energetic new project promises massive returns, capturing the interest of investors looking for the next big win in the meme coin world. …
The long-running legal battle between Ripple and the U.S. SEC has kept the crypto world on edge. While the SEC recently dropped cases against major firms like Coinbase and Kraken, many wonder if Ripple could be next. In an ongoing discussion, pro-XRP lawyer Jeremy Hogan has hinted that a resolution could come to an end as early as March.
XRP Lawsuit Coming To An End in March?
Legal expert Jeremy Hogan has dropped a major hint about a possible early resolution in the XRP lawsuit, sparking excitement among investors.
Meanwhile, in an ongoing discussion, a community member asked Hogan whether the SEC’s recent trend of dropping lawsuits could lead to a quick resolution for Ripple in March, with the injunction issue handled later.
Yes, but I’d wait until eveything is hashed out before dismissing the appeals. This all has to be done very carefully.
Hogan responded that an early dismissal is possible but warned that all legal matters must be fully settled before celebrating.
Adding to the buzz, Hogan also revealed that Ripple CEO Brad Garlinghouse might attend the White House Crypto Summit. While some questioned the accuracy of this claim, Hogan stood firm, fueling further speculation about a potential game changing moment for Ripple.
What’s Next for Ripple Lawsuits
The SEC filed its opening appeal on January 15, 2025, and Ripple has until April 16 to respond. Legal experts, including Hogan, have pointed to the injunction on XRP sales as a key reason why the case is still ongoing. Some theories suggest Ripple is trying to lift regulatory restrictions before settling.
While the exact reasons for the SEC’s continued pursuit of Ripple remain unclear, one thing is clear this lawsuit is more complex than others the SEC has recently dropped.
The post XRP News: Ripple vs SEC Lawsuits To Resolve in March Hint Pro-XRP Lawyer appeared first on Coinpedia Fintech News
The long-running legal battle between Ripple and the U.S. SEC has kept the crypto world on edge. While the SEC recently dropped cases against major firms like Coinbase and Kraken, many wonder if Ripple could be next. In an ongoing discussion, pro-XRP lawyer Jeremy Hogan has hinted that a resolution could come to an end …
Today, March 5, 2025, Uniswap (UNI) has registered an 8% price gain. However, it appears bearish and is poised for a decline, potentially due to a crypto whale dumping UNI tokens.
Whale Dump $40.60 Million Worth of UNI Tokens
Today, blockchain-based transaction tracker Lookonchain posted on X (formerly Twitter) that a prominent crypto whale, Galaxy Digital, deposited 600K UNI tokens worth $4.37 million onto Binance, the world’s largest cryptocurrency exchange.
Galaxy Digital deposited another 600K $UNI($4.37M) to #Binance and #OKX 30 minutes ago.
However, the main concern driving fears of a price drop is that Galaxy has already deposited a significant 5.29 million UNI tokens worth $40.60 million on Binance and OKX over the past week.
Current Price Momentum
With all this, the asset is trading near $7.37, gaining 8% in the past 24 hours. However, during the same period, its trading volume dropped by 35%, indicating lower participation from traders and investors compared to the previous day. This decline was potentially caused by the sell-off and ongoing price fluctuations.
Uniswap (UNI) Price Action and Upcoming Levels
According to expert technical analysis, UNI appears bearish as it is already trading below the crucial support level of $8. With recent price fluctuations, it has retested this level and seems to be consolidating. Based on recent price action and historical patterns, if UNI fails to climb above the $8 level, it could drop by 25% to reach $5.50 in the coming days.
Source: Trading View
As of now, the asset is trading below the 200 Exponential Moving Average (EMA) on the daily timeframe, indicating a bearish trend. This technical indicator helps traders and investors determine whether the asset is in an uptrend or downtrend, allowing them to build their positions accordingly, either on the long or short side.
This ongoing dump by Galaxy Digital has the potential to increase selling pressure, further reinforcing the bearish outlook.
The post Time To Sell Uniswap? Whale Dumps $40 Million Worth UNI appeared first on Coinpedia Fintech News
Today, March 5, 2025, Uniswap (UNI) has registered an 8% price gain. However, it appears bearish and is poised for a decline, potentially due to a crypto whale dumping UNI tokens. Whale Dump $40.60 Million Worth of UNI Tokens Today, blockchain-based transaction tracker Lookonchain posted on X (formerly Twitter) that a prominent crypto whale, Galaxy …
On March 7, 2025, the White House will host its first-ever Crypto Summit. President Donald Trump will chair the summit, and David Sacks will serve as moderator.
With Trump’s recent moves, many investors are anticipating positive changes. Below are three things that BeInCrypto thinks will be key agenda in the summit.
Progress Toward Regulatory Clarity
For years, regulatory ambiguity has been a headache for cryptocurrency investors. The previous Biden administration took a heavy-handed approach with SEC lawsuits targeting companies in the industry. This was seen as excessively stifling the market, preventing its growth in the US.
Trump’s crypto-friendly stance could change that. The summit might outline a simpler legal framework for digital assets, addressing issues like exchange compliance, DeFi regulations, and stablecoin management.
David Sacks, a supporter of stablecoins strengthening the dollar’s position, could push for policies legitimizing USDC or USDT without stifling innovation.
Evidence of this shift includes the recent dismissal of several SEC lawsuits against Uniswap, Kraken, Coinbase, and other crypto companies.
Most importantly, the Summit will reportedly have a very short guest list, and several major crypto leaders have already been invited. This suggests that the White House wants to engage in direct conversation with these leaders, which could lead to more policy suggestions.
“More attendees are confirming attendance at Friday’s White House Crypto Summit. Confirmations so far from: Michael Saylor, David Bailey, Matt Huang, JP Richardson.” FOX journalist Eleanor Terrett said.
More Details On The US Crypto Reserve
President Trump recently announced plans to establish a strategic reserve with Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). This has already had a positive short-term impact on their prices. As a result, investors holding these coins are particularly interested.
However, the market lacks detailed information about this strategic reserve. Where will the funding come from? Will it use seized assets or existing Treasury authority?
Additionally, the size of the fund and which assets might be added to the list might also be discussed at the White House Crypto Summit.
The Commerce Secretary also says President Trump will unveil the Bitcoin reserve strategy at the Summit. Other crypto assets will be treated positively but differently.
“The President definitely thinks that there’s a Bitcoin strategic reserve. Now there will be the question of, how do we handle the other cryptocurrencies? And I think the model is going to be announced on Friday when we do that.” Secretary Lutnick told The Pavlovic Today.
At least, for now, this strategic reserve could reinforce the legitimacy of cryptocurrencies, serving as a morale boost for long-term holders.
Crypto Tax Policy
Another potential topic of discussion is likely to be crypto tax reform. For a while now, Trump has been hinting at eliminating capital gains taxes on cryptocurrencies.
Lower taxes would reduce costs and increase profits for individual investors, potentially leading to reinvestment and boosting market activity.
In reality, completely eliminating capital gains taxes is unlikely due to potential opposition from Congress. However, a smaller adjustment, such as extending holding periods to reduce taxes, might be more feasible.
The White House Crypto Summit is taking place amid market uncertainty. The US trade war with other nations is heating up more than ever.
On Monday, Bitcoin dropped to $82,000 before recovering to its current level. Now, BTC retests $90,000 amid speculation of preferential treatment in Trump’s crypto reserve.
If the summit delivers positive news, it could reverse the downward trend. On the contrary, it could prolong the selling pressure, causing the market to continue falling further.
Therefore, investors should prepare for price volatility. This could be a “buy the rumor, sell the news” scenario, so users should avoid over-leveraging before the event. Consider your risk tolerance and investment goals.
TRUMP’s price has been stuck in a downtrend for the past month despite the media attention surrounding US President Donald Trump’s recent statements. The altcoin has faced difficulty breaking through the critical resistance level of $17.14.
However, investor sentiment remains strong, and with the upcoming White House Crypto Summit, there may be a chance for recovery.
TRUMP Notes Strong Inflows
The Chaikin Money Flow (CMF) indicator shows positive signs for TRUMP, with the indicator currently above the zero line. This suggests stronger inflows than outflows, indicating that investors are optimistic about the altcoin’s future.
Furthermore, with the White House Crypto Summit scheduled for March 7, investors are looking to capitalize on potential price movements ahead of the event. Many are likely to accumulate at low levels, anticipating the summit’s influence on both the market and TRUMP’s price.
The positive CMF reading supports the idea that investors are positioning themselves for a potential breakout. As the summit approaches, TRUMP’s price could see upward momentum. Historically, significant events like these tend to influence altcoins, especially when there’s optimism about new regulations or policy changes in the crypto space.
TRUMP shares a strong correlation of 0.86 with Bitcoin (BTC), which suggests that the altcoin is likely to follow BTC’s lead. Given that BTC’s price is also influenced by broader market trends, TRUMP’s price could rise alongside Bitcoin if the hype around the White House Crypto Summit continues to build.
Bitcoin’s potential rise in anticipation of the summit could lift TRUMP’s price as well. The correlation indicates that as BTC moves up, so too could TRUMP. Should the broader market experience positive momentum, both Bitcoin and TRUMP are poised for potential rallies, with TRUMP looking to benefit from increased attention during the summit.
TRUMP Correlation With Bitcoin. Source: TradingView
TRUMP Price Aims At Key Barrier
Currently trading at $13.38, TRUMP is holding above the critical support level of $12.41. The altcoin remains stuck under the month-long downtrend, unable to break above the key resistance at $17.14. However, the bullish sentiment driven by the upcoming White House Crypto Summit could spark a rally for TRUMP.
The altcoin’s target would be to secure $17.14 as support. If successful, TRUMP price could note a 27% rally and push to $21.45, marking a significant recovery from its current levels. The optimism surrounding the summit could provide the necessary catalyst for this price movement.
On the other hand, if the altcoin fails to break through the downtrend and the market sentiment weakens, TRUMP could drop below its support of $12.41. This would lead to a decline to $11.07, its current all-time low (ATL), or possibly lower, invalidating any bullish outlook.
Pi Network is planning to unlock 188 million tokens in March, making them accessible to over 1 million users. This is a substantially larger user pool than most months. Yet, it may not increase selling pressure as demand for PI continues to surge.
However, the project’s community is also acting aggressively over social media, review-bombing Binance for its perceived listing delays. A Binance community vote overwhelmingly supports Pi, but the listing hasn’t gone live yet, prompting intense backlash.
Pi Network Prepares for Big Unlock
Pi Network is one of the most hyped crypto projects in recent times. Since its mainnet launch on February 20, PI surged nearly 100%, hitting a peak of $2.99 before seeing corrections. At the same time, it’s gaining recognition from the wider community despite earlier criticism.
CoinMarketCap’s community sentiment shows that 91% of its users are bullish on Pi, as the firm is planning to unlock 188 million tokens to over 1.1 million users this month.
ExplorePi data shows that there are currently more than 11.5 million Pioneer accounts. However, 7.25 million (63%) accounts lock PI for three years, and 1.6 million accounts (14%) lock PI for one year.
Therefore, the selling pressure on Pi Network may not take effect immediately, even with this massive user pool.
Nonetheless, Pi Network is also ruffling more than a few feathers. Recently, Binance hosted a community vote on whether or not to list PI tokens, and its users were overwhelmingly in favor.
Despite the votes, Binance is yet to list PI, and several users are not taking this lightly. Pi fans have review-bombed its Google reviews. Without directly mentioning the project, the exchange responded to these comments:
“Before listing cryptocurrencies, Binance will check and consider many factors including liquidity and trading volume in the market,” Binance claimed. Although the exchange didn’t directly reference Pi Network, it commented on several Pi-centric 1 star ratings on Play Store.
Many (but not all) of these reviews and responses took place on Asia-based servers, where the project is the most popular. Recently, the Vietnamese government issued a warning about Pi Network, and Bybit CEO Ben Zhou reminded his users that China issued similar warnings years prior.
Regardless, Pi Network seems to have a huge community of enthusiastic supporters. Although some of its fans are getting a reputation for their hostility and defensiveness on social media, the project remains resilient to the current market conditions.
