Author: Monicah W

Bitcoin price surged by 4% on Wednesday, hitting a 10-day peak . This rally follows three consecutive days of substantial Bitcoin ETF inflows, totaling $512 million. As BTC flirts with the critical $90,000 resistance level, investors are closely watching the impact of the Federal Reserve’s policy decision on global markets.

Bitcoin (BTC) Price Hits 10-Day Peak on Fed Rate Decision

Bitcoin (BTC) surged by 4% on Wednesday, reaching a 10-day high of $85,900 as the U.S. Federal Reserve’s decision to pause interest rate hikes aligned with investor expectations.

This bullish momentum follows three consecutive days of strong institutional inflows into Bitcoin ETFs, totalling $512 million. With BTC price facing critical resistance at $90,000, market participants are watching closely to see whether institutional demand and macroeconomic conditions will trigger more gains in the coming trading sessions.

ETF Inflows Surged $512M ahead of Fed Rate Decision 

Since their introduction, Bitcoin ETFs have become a key gauge of institutional sentiment in the cryptocurrency market. After 3-week selling spree, Bitcoin ETFs have recored positive inflows over the past three trading days, according to SosoValue data

On Tuesday alone, Bitcoin ETFs saw $209 million in inflows, marking one of the strongest demand periods in weeks. The funds have accumulated over $512 million in Bitcoin purchases, underscoring strong demand from corporate and institutional investors.

Historically, such sustained inflows have often preceded significant price breakouts, suggesting that institutional investors swung bullish BTC’s short-term price prospects as markets priced in a 99% chance of a rate pause at the start of the week.

BTC Faces Key Resistance at $90,000 Amid Short Squeeze Pressure

Despite its recent gains, Bitcoin price is showing more upside potential. According to the latest derivatives data from Coinglass, over $290 million worth of BTC short positions were  closed near the $85,000 level.

Short traders, who profit when prices decline, are making last-ditch efforts to defend their positions and avoid a wave of forced liquidations.

However, liquidation heatmaps suggest that BTC short liquidations at the $85,000 level may have weaken ed neighboring resistance zones. If Bitcoin sustains momentum and breaks above $90,000, it could trigger a cascading effect, forcing more short sellers to cover their positions and further driving up the price.

US Fed Rate Pause Boosts Risk Asset Appetite

The Federal Reserve’s decision to maintain interest rates at current levels has provided additional support for Bitcoin’s rally. A pause in rate hikes signals a more accommodative stance toward financial markets, which typically benefits risk assets such as cryptocurrencies.

Lower interest rates make traditional savings and fixed-income investments less attractive, prompting investors to seek higher returns in alternative assets like Bitcoin. If institutional investors interpret the Fed’s stance as a green light for continued Bitcoin accumulation, ETF inflows could remain strong, further reinforcing the bullish outlook.

Bitcoin Price Outlook: Path to $90K and Beyond?

With ETF inflows surging and macroeconomic conditions remaining favorable, Bitcoin price forecast signals appears well-positioned for a continued uptrend. However, to sustain its bullish momentum, BTC must overcome key resistance levels:

• $90,000 – A major psychological level that could trigger a new wave of buying or profit-taking.
• $92,500 – The next upside target if BTC breaks through $90K.

On the downside, strong support levels include:

• $85,000 – A key level where short liquidations have already been triggered.
• $82,500 – A potential retest zone if BTC faces rejection at $90,000.

The ongoing BTC price surge is fuelled by strong institutional demand and a favorable macroeconomic backdrop. With $512 million in ETF inflows and short sellers under pressure, BTC’s path to $90,000 looks increasingly viable. However, breaking through this critical resistance will be key in determining whether Bitcoin can extend its rally toward new all-time highs.

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President Donald Trump will address Blockworks’ Digital Asset Summit (DAS) in New York City on March 20. This marks the first time a sitting U.S. president has spoken at a Bitcoin and cryptocurrency conference. His participation underscores the growing role of digital assets in financial policy and government strategy.

The event follows his executive order establishing the U.S. Strategic Bitcoin Reserve, positioning BTC as a key asset in the country’s financial framework.

Donald Trump Speech at DAS and Its Context

Donald Trump’s presence at the Digital Asset Summit comes amid increasing government interest in Bitcoin and digital currencies. His administration has taken steps to integrate Bitcoin into national reserves, emphasizing its role in the country’s long-term financial strategy. 

The U.S. president previously addressed a Bitcoin conference in Nashville during his campaign. Now, the pro-crypto President will speak at a crypto conference for the first time.

Discussions at the event will focus on Bitcoin’s adoption among institutions, regulatory developments, and the future of crypto markets. Trump’s speech will touch on the next steps in his administration’s Bitcoin strategy.

This development comes just a few hours after Ripple CEO Brad Garlinghouse revealed that XRP is expected to be part of the US Digital Asset Stockpile. He cited President Trump’s previous mention of the asset on Truth Social.

The U.S. Strategic Bitcoin Reserve Initiative

Earlier this month, President Trump signed an executive order establishing the U.S. Strategic Bitcoin Reserve, marking a new phase in the country’s approach to digital assets. The initiative aims to accumulate Bitcoin as a national reserve asset, drawing comparisons to traditional gold reserves. 

Bo Hines, Executive Director on Digital Assets for the Trump administration, stated that the government’s Bitcoin acquisition strategy is budget-neutral. He emphasized that this approach ensures it does not affect other financial priorities.

Hines has emphasized that Bitcoin accumulation is part of a broader strategy to strengthen the nation’s financial resilience. Lawmakers have already proposed measures to expand the reserve, with Senator Cynthia Lummis and Congressman Nick Begich suggesting a plan to acquire 1 million BTC over the next five years. The proposal is currently under review, with legislative discussions expected to continue in the coming months.

More so, the Executive Director of the Presidential Working Group on Digital Assets revealed plans for stablecoin legislation to be finalized within two months. Bo Hines expects Senator Bill Hagerty’s GENIUS Act to be enacted, with President Trump potentially signing it into law.

Industry Leaders and Lawmakers at DAS

The summit will feature key figures in the cryptocurrency and financial sectors, in addition to Trump’s address. Michael Saylor, a Bitcoin advocate, will deliver a keynote speech and participate in a discussion with BTC historian Pete Rizzo. 

The event will also host Bloomberg ETF analyst James Seyffart, who will moderate a panel featuring BlackRock’s Head of Digital Assets, Robbie Mitchnick, and Nasdaq’s Head of U.S. Equities & Exchange-Traded Products, Giang Bui.

President Trump’s participation in the Digital Asset Summit is changing how people view digital assets.

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Uniswap’s governance decision to approve $165.5 million in funding has sparked a surge in UNI token price, which has jumped by over 10% in the last 24 hours. The live price of UNI now stands at $7.01, with a trading volume of approximately $292 million.

The price increase reflects growing optimism among investors as the long-discussed “fee switch” initiative moves closer to activation. Additionally, the open interest in UNI derivatives has seen a significant rise, marking a 17.69% increase, reaching $196.96 million.

Uniswap Foundation Secures Funding for Ecosystem Growth

The Uniswap community has voted in favor of two governance proposals that allocate $165.5 million in funding. This capital will help support the growth of the Uniswap ecosystem following the launch of Uniswap v4 and the Unichain Layer 2 network.

Of this amount, $95.4 million will be directed towards the Uniswap Foundation’s grants budget, and $45 million will be set aside for liquidity incentives. The remaining $25.1 million will go towards operational costs for the next two years.

The Uniswap Foundation is an independent non-profit organization responsible for overseeing the growth of the protocol. The decision to allocate substantial funds to ecosystem development is aimed at increasing the network’s scalability and creating new opportunities for growth. The foundation’s long-term goal is to transition Uniswap from a decentralized exchange into a platform that can also cater to developers and bring significant value to the Uniswap community.

Liquidity Incentives to Support Uniswap v4 and Unichain Growth

Part of the funding will be used to establish liquidity incentives for the newly launched Uniswap v4 and Unichain platforms. Gauntlet, a Web3 risk management protocol, will manage these incentives to draw in new users and maintain growth across both networks.

The proposal also includes developer-focused campaigns designed to sustain ecosystem expansion and encourage further participation from the broader community.

Uniswap v4, launched in mid-January 2025, introduced the concept of “hooks” or contracts that allow developers to customize interactions within pools, swaps, and fees. The launch of Unichain, built on the Optimism tech stack, further enhances Uniswap’s scalability by providing a Layer 2 network that can support more transactions at lower fees.

Fee Switch Moves Closer to Reality, Potentially Reshaping Revenue Distribution

One of the most significant aspects of the governance decision is the advancement of the long-awaited “fee switch.” This would direct a portion of protocol fees, currently earned by liquidity providers, towards UNI token holders. This change has been eagerly awaited by the community, as earlier proposals to activate the fee switch were unsuccessful.

The Uniswap Foundation has stated that it will now proceed with the necessary legal steps to activate this switch.

Subsequently, the Uniswap fee switch would enable UNI token holders to earn protocol revenue, which has been a major topic of discussion within the community. Over $1 billion in annualized fees have been generated by the Uniswap protocol, and this shift would allow token holders to capture a portion of that revenue. The activation of the fee switch represents a significant step in Uniswap’s ongoing efforts to align the interests of its governance members with the protocol’s long-term success.

The post UNI Price Jumps 10% As Uniswap’s Fee Switch Plan Moves Forward With $165.5 Million Funding appeared first on CoinGape.

XRP price has exhibited a breakout above a descending trendline that has been in effect for the long-term indicating the possibility of another bullish run. Experts believe this is capable of thrusting up prices, with estimates pointing up to $5 target. This uptrend has escalated due to the recent ending of the Ripple vs SEC case that has had a massive impact on the XRP price.

XRP Price Signals Bullish Momentum Amid Ripple vs. SEC Lawsuit Resolution

After the news of the Ripple lawsuit conclusion, Analyst Dark Defender was quick to comment on how the Ripple token was affected. The crossing above the long-term descending trend is revealing the bulls’ forecasts. A strong green candlestick confirmed the breakout, signaling substantial buying pressure.

With this movement, Fibonacci retracement levels suggest strong support for further gains. Analysts anticipate XRP price will move past $3.40 and $3.78 before reaching the $5 target. The momentum shift follows a prolonged consolidation phase, aligning with the conclusion of the Ripple vs. SEC lawsuit, which has been ongoing for over five years.

Market analysts have outlined an Elliott Wave structure projecting a continued XRP price increase. According to this analysis, the asset is in an impulsive wave pattern, which suggests further gains. The breakout from the trendline supports the projection of a strong bullish phase.

The conclusion of the Ripple vs. SEC lawsuit has eliminated a significant barrier that previously restrained XRP’s potential growth.

Concerns Over Whale Accumulation and Leverage 

While the bullish outlook remains strong, analyst Ali Martinez pointed out concerns regarding the nature of the Ripple token rally. Data from Santiment suggests that large whale investors did not contribute to the price increase. The absence of substantial whale accumulation raises questions about the rally’s sustainability.

Further analysis indicates that open interest in XRP futures increased by $200 million, signaling a surge driven by leverage rather than organic buying. When leverage dominates price movements, the market may experience heightened volatility, leading to potential corrections.

Ripple Price Prediction 

The breakout above key resistance levels has sparked renewed interest in XRP price movements. Analysts remain optimistic about a potential climb toward $5, supported by technical indicators and the resolution of the Ripple vs. SEC lawsuit.

More so, a recent CoinGape report highlighted that the top altcoin might rally to $20 if the US SEC approves the pending 18 XRP ETF applications. This aligns with Amonyx’s prediction that institutional inflows from these ETFs could drive a parabolic surge in XRP’s price.

At the timing of writing this report, the altcoin was trading at $2.51, reflecting a 9% increase in the past 24 hours. Additionally, XRP’s 24-hour trading volume surged by 178.83%, reaching $9.74 billion, indicating heightened market activity.

The post Analyst Reveal XRP Price Path To $5 as Ripple Vs SEC Lawsuit Ends appeared first on CoinGape.

Kraken is reportedly putting the final touches to an audacious move to purchase futures trading giant NinjaTrader. The exchange is tying up loose ends in what could be one of the largest acquisitions by a cryptocurrency service provider.

Kraken Inches Toward Mega Deal To Buy NinjaTrader

According to a WallStreetJournal (WSJ) report, Kraken is in the final third of an ambitious plan to purchase NinjaTrader. According to the post, the deal is worth $1.5 billion and will see NinjaTrader become a subsidiary of the US-based cryptocurrency exchange.

Barring any eventualities, insiders say Kraken will announce the completion of the deal before the end of the week. While details are sparse, the move signals Kraken’s interest in dabbling in derivatives and crypto futures.

Kraken is seeking to expand its offerings but the exchange remains wary of regulatory challenges that could bedevil the plans. The US SEC just shuttered its Kraken case that sought to view the firm as a stock exchange.

To sidestep the regulatory hurdles, the purchase will allow the exchange to lean on NinjaTrader’s Futures Commission Merchant (FCM) license to offer its derivatives offering.

Kraken has the funds to see the deal through given impressive financial metrics for the exchange. The US-based crypto exchange racked in over $1.5 billion in revenue, doubling its profits over the last year.

Both Parties Have An Eye On Expansion

Apart from sidestepping potential regulatory hurdles, purchasing NinjaTrader will introduce Kraken to a new demographic. Launched in 2003, NinjaTrader has racked up over 1.8 million retail investors with the deal offering several perks for the futures trading company.

The move will see Kraken support NinjaTrader’s bid to enter the UK and Australian markets. Kraken’s EMI approval from the UK’s Financial Conduct Authority (FCA) may smoothen NinjaTrader’s entry into the UK.

The top crypto exchange has previously secured a MiFID license to offer crypto derivatives to EU-based traders. In line with its expansionist goals, the exchange reintroduced cryptocurrency staking service for US customers.

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The post Trump to Speak at First-Ever Crypto Summit as Market Shows Signs of Recovery appeared first on Coinpedia Fintech News

Donald Trump will speak at the Digital Asset Summit (DAS) in New York on March 20, notably, this will be the first time a sitting U.S. president has ever joined a crypto conference.

Just recently, Donald Trump hosted the inaugural White House Crypto Summit. While the crypto community wasn’t thrilled with the outcomes, the event delivered key updates on the US Bitcoin Reserve and shed light on the government’s current approach to crypto regulation.

Could Be A Pre-recorded Message

The announcement comes after Bo Hines, Executive Director of the White House’s Council of Advisers on Digital Assets, spoke at DAS this week, hinting at plans to stockpile Bitcoin for a new strategic reserve. “It’s high time that our president started accumulating assets for the American people, which is what President Trump is doing rather than taking it away,” Hines told the crowd on Tuesday.

Some reports suggest that Trump’s appearance at the event may not be live, with some sources hinting at a pre-recorded message instead. Regardless, this still marks a historic moment as the U.S. president is set to formally address a crypto conference.

Key Discussions

At the event, discussions will center on Bitcoin’s adoption by institutions, regulatory updates, and the future of the crypto market. Trump is expected to outline his administration’s next steps on Bitcoin.

FOX business journalist Eleanor Terrett also shared that multiple sources at the DAS Conference have clarified that President Trump is planning to livestream into the event either today or tomorrow to address the audience. 

Top Lawmakers To Feature

The summit will bring together top lawmakers like Representatives Ro Khanna and Tom Emmer, along with industry giants like MicroStrategy’s Michael Saylor and Ripple CEO Brad Garlinghouse. Michael Saylor will give a keynote speech and join a discussion with BTC historian Pete Rizzo. Bloomberg ETF analyst James Seyffart will moderate a panel with key players, including Robbie Mitchnick, Head of Digital Assets at BlackRock, and Giang Bui, Head of U.S. Equities & Exchange-Traded Products at Nasdaq.

Ripple-SEC Lawsuit Ends

In a remarkable update, Garlinghouse revealed today that the SEC has dropped its appeal in the XRP lawsuit, marking a major victory for Ripple and the crypto industry.

The crypto market has been showing signs of recovery this week, following a period of volatility. Besides, the Federal Reserve announced today that it won’t be making any immediate rate cuts. However, the central bank has plans for two rate cuts later this year, which could influence financial markets, including crypto.

The post Trump to Speak at First-Ever Crypto Summit as Market Shows Signs of Recovery appeared first on Coinpedia Fintech News
Donald Trump will speak at the Digital Asset Summit (DAS) in New York on March 20, notably, this will be the first time a sitting U.S. president has ever joined a crypto conference. Just recently, Donald Trump hosted the inaugural White House Crypto Summit. While the crypto community wasn’t thrilled with the outcomes, the event …

The post Is the Ripple Lawsuit Entirely Over? CEO Discusses Pending Cross Appeal appeared first on Coinpedia Fintech News

After nearly four years of intense legal battles, the long-standing case between the U.S. Securities and Exchange Commission (SEC) and Ripple has finally come to an end. The SEC, which initially filed the lawsuit in December 2020, claiming Ripple’s cryptocurrency XRP was an unregistered security, has now dropped the appeal.

Garlinghouse Reflects on the Long Fight 

In an interview with Bloomberg, CEO Brad Garlinghouse said “This has been a long battle. “But now, there is a lot more certainty for Ripple, and frankly, for me personally, because the SEC had sued me.” 

He revealed that the SEC has officially abandoned its appeal in the case, which had been ongoing since the lawsuit was filed in December 2020. Ripple scored a key victory in the summer of 2023 when Judge Torres ruled that XRP, the cryptocurrency at the center of the case, is not a security. This ruling marked a pivotal moment in the case.

The SEC’s Appeal is Dropped 

Despite the SEC’s withdrawal from its appeal, Garlinghouse clarified that the case is not entirely over. A cross-appeal is still pending, but the dynamics have shifted. “We go from being the defendant to the plaintiff,” he explained. “Now, we’re in the driver’s seat, deciding how we want to proceed.”

Ripple’s Legal Victory and the Industry’s Future

For Ripple, the outcome of this case is crucial not just for the company itself but for the broader crypto industry. Garlinghouse noted that Ripple had spent over $150 million defending the case, a legal expense not only aimed at protecting the company but also supporting the entire cryptocurrency sector. “It was important for the whole industry,” he said. 

Judge’s Ruling and Ripple’s Strategy 

Garlinghouse also commented on the broader implications of the case’s resolution, especially in terms of the legal status of XRP. “The SEC’s decision to drop its appeal is a significant moment,” he stated. “It’s clear now that the SEC likely regrets bringing the case in the first place, especially given the judge’s ruling.” However, some elements of the case are still unresolved, such as the $125 million civil penalty Ripple was ordered to pay. This fine is currently held in escrow, pending the final resolution of the case.

The $125 Million Fine and What’s Next 

Ripple has expressed interest in potentially reclaiming the $125 million fine, given that no investors were harmed in the process. “There was no investor harm, no investors lost money,” Garlinghouse remarked, suggesting that the penalty may be reconsidered as the case nears its conclusion.

The post Is the Ripple Lawsuit Entirely Over? CEO Discusses Pending Cross Appeal appeared first on Coinpedia Fintech News
After nearly four years of intense legal battles, the long-standing case between the U.S. Securities and Exchange Commission (SEC) and Ripple has finally come to an end. The SEC, which initially filed the lawsuit in December 2020, claiming Ripple’s cryptocurrency XRP was an unregistered security, has now dropped the appeal. Garlinghouse Reflects on the Long …