Author: Monicah W

Smart Money Is Leaving XRP & BNB for ChowWow’s Big Potential!

Monicah W

chowow-xrp

The post Smart Money Is Leaving XRP & BNB for ChowWow’s Big Potential! appeared first on Coinpedia Fintech News

Is smart money leaving XRP and BNB? Both coins have seen significant losses, which begs questions about whether a comeback is feasible or if it is time to move on. While BNB is down almost 11%, XRP has declined almost 31% this past month. Some analysts still see the potential for a bullish reversal. 

A new rival is emerging meanwhile—ChowWow ($CHOW). Thanks to the Solana blockchain this fast-growing meme coin presents play-to-earn games, staking rewards, and reduced transaction fees. Could ChowWow be the next major crypto success narrative? 

This article investigates XRP and BNB’s price challenges, analyst forecasts, and why ChowWow is attracting the attention of major investors.

XRP Faces Selling Pressure but Could Be Poised for a Rally

Over the past week, the XRP price has grown slightly. However overall it has showed great selling pressure recently by declining more than 18% in the past month. Before a bearish breakout brought the altcoin down to its monthly low of $1.92 earlier in March, the XRP price chart shows it was trading between $2.76 and $2.43 before the crash. XRP’s mini resurgence has brought it to $2.20-2.40 range.

Nevertheless, the XRP community is still optimistic since they think a good comeback is just around the corner. Analysts hope for a bullish reversal. STEPH IS CRYPTO is one well-known expert who has posted a chart analysis implying that the XRP price might spike to $6 once this drop ends. 

XRP Price Chart | Source: Twitter

XRP Price Chart | Source: Twitter

Although XRP is still 41% behind its all-time high (ATH), some speculate a retest of this level could occur this year. Technical signals are conflicting. Whereas the Momentum Oscillator and CCI keep showing selling pressure, the MACD and Moving Averages are displaying buy signals.

BNB Faces a Dip but Could Soon Hit New Highs

Over the past week, the BNB price pumped by more than 14%. The altcoin has traded between $545 and $645 according to the BNB price chart following a previously a bearish breakout which saw the price drop as low as $509. The past month has been challenging; the BNB coin dropped nearly 5.9% of its value. Still, the BNB community stays rather optimistic. 

Many traders feel BNB still has great growth potential and that this dip is just temporary. Analysts hope for a bullish reversal soon. Crypto analyst Elja posted a chart last month implying that, after this decline finishes, the BNB price could climb above $1,000. 

BNB Price Chart | Source: Twitter

BNB Price Chart | Source: Twitter

Though BNB is now 20% behind its all-time high (ATH), some speculate a retest of this price point may occur this H1. Whereas the Momentum Oscillator still indicates selling pressure, the MACD and Moving Averages are displaying purchase signals. A strong bullish sentiment makes BNB still one of the top altcoins to keep an eye on in the coming months.

ChowWow ($CHOW) Could Be the Next Crypto Success Story

To build a strong environment for crypto users, ChowWow mixes staking, collectibles, and play-to-earn gaming. Designed on the Solana Blockchain, ChowWow presents lower fees and faster transactions than conventional Ethereum-based memecoins. For every user, this makes it reasonably priced, scalable, and efficient. 

Features including airdrops, staking incentives, and in-game revenue make the ChowWow token meant to benefit the community. With its gaming-oriented vision and long-term stability, ChowWow distinguishes itself among the best memecoins to buy now.

ChowWow provides actual value beyond the mere buzz, unlike many other memecoins. Completing challenges and participating in mini-games lets users in the ChowWow gaming universe earn prizes. These benefits have practical worth and can be applied inside the ecosystem. 

Furthermore, ChowWow offers staking, which helps investors get passive revenue just by locking their tokens. ChowWow is a leading candidate in the expanding meme coin market. Meanwhile, the $CHOW presale is currently ongoing and each token is priced at just $0.01 in stage 2 of the presale.

ChowWow vs. XRP & BNB – The Smart Move for 2025?

Although analysts see the possibility for a comeback, smart money is already looking ahead as XRP and BNB have had a bearish ride. ChowWow ($CHOW) is a game-changer with staking, play-to-earning gaming, and Solana’s lightning-fast transactions—it’s not just another memecoin.

Early investors have a rare opportunity to join the $CHOW presale with its modest presale price of $0.01. ChowWow might be the next great success tale as the meme coin market keeps exploding.

Visit ChowWow Presale

The post Smart Money Is Leaving XRP & BNB for ChowWow’s Big Potential! appeared first on Coinpedia Fintech News
Is smart money leaving XRP and BNB? Both coins have seen significant losses, which begs questions about whether a comeback is feasible or if it is time to move on. While BNB is down almost 11%, XRP has declined almost 31% this past month. Some analysts still see the potential for a bullish reversal.  A …

Solana (SOL) Stands at $120, While BinoFi (BINO)’s Bridge-Free Cross-Chain Capability Gains Traction

Monicah W

binofi

The post Solana (SOL) Stands at $120, While BinoFi (BINO)’s Bridge-Free Cross-Chain Capability Gains Traction appeared first on Coinpedia Fintech News

Despite this decline, Solana remains a key player in the blockchain ecosystem, known for its high-speed and low-cost transactions that continue to attract developers and investors alike.

Solana is currently trading at $123.75, reflecting a significant drop from its recent price of around $170 and its all-time high of $294.85, which it reached just two months ago.

BinoFi’s Bridge-Free Cross-Chain Capability Redefines Trading

At the heart of this innovation wave is BinoFi, a hybrid crypto exchange that’s rapidly gaining attention for its bridge-free cross-chain trading capability. Cross-chain interoperability has long been a challenge for the crypto industry, often requiring bridge solutions that are vulnerable to exploits and inefficiencies.

BinoFi eliminates the need for these intermediaries, enabling smooth and secure direct trading across multiple blockchains like Ethereum, Binance Smart Chain (BSC), and Solana itself.

Solving a Critical Challenge

Traditional cross-chain solutions rely on wrapped tokens or bridge protocols, which have been targets for hacks and liquidity risks. BinoFi’s native cross-chain infrastructure bypasses these risks, allowing users to trade assets directly without relying on third-party conversions. This not only enhances security but also simplifies the trading process, creating a more efficient and user-friendly experience.

This innovation is particularly appealing to traders frustrated by fragmented liquidity and the complexities of managing assets across various ecosystems. With BinoFi, the barriers between blockchains are disappearing, paving the way for a unified trading experience.

Powered by a Hybrid CEX/DEX Model

Beyond its cross-chain capabilities, BinoFi’s hybrid exchange model combines the strengths of centralized and decentralized trading platforms. Centralized exchanges, or CEXs, offer speed and scalability, but they require users to trust the exchange with custody of their assets.

Decentralized exchanges, or DEXs, prioritize security and user control, but they often suffer from fragmented liquidity and slower transactions.

BinoFi bridges this divide by aggregating liquidity from both CEX pools and DEX protocols, ensuring users can trade with:

  • Speed and efficiency: Orders are matched quickly using high-performance infrastructure.
  • Security and decentralization: Non-custodial features protect user funds while maintaining flexibility.

This hybrid approach answers the needs of traders from all backgrounds, making BinoFi a versatile player in the space.

binofi

$BINO Token’s Growth Potential

The growing interest in BinoFi’s platform is also driving excitement around its native $BINO token. Currently in its presale phase, $BINO has already garnered significant attention, setting the stage for substantial growth. Analysts project that $BINO could reach $2.50 in the near future, driven by its unique features and broad market applicability.

This price prediction reflects BinoFi’s ability to attract a strong user base and establish itself as a leader in the hybrid exchange market. With its blend of bridge-free trading, security, and liquidity, the platform is positioned to redefine the DeFi landscape, making $BINO an appealing investment for those looking to stay ahead of the curve.

A Game-Changer for DeFi

BinoFi’s advancements offer a glimpse into the future of decentralized finance. By addressing the current limitations of both CEXs and DEXs, the platform is breaking new ground in crypto innovation.

Whether it’s through its cross-chain capability, hybrid architecture, or user-first approach, BinoFi is becoming an essential player in the evolving world of blockchain technology.

As Solana continues to thrive at $120, attention is turning to platforms like BinoFi that are not just competing in the market but are reshaping it entirely. For investors and users alike, BinoFi represents an opportunity to engage with a platform that takes the best of both worlds and blends them into something truly groundbreaking.

The post Solana (SOL) Stands at $120, While BinoFi (BINO)’s Bridge-Free Cross-Chain Capability Gains Traction appeared first on Coinpedia Fintech News
Despite this decline, Solana remains a key player in the blockchain ecosystem, known for its high-speed and low-cost transactions that continue to attract developers and investors alike. Solana is currently trading at $123.75, reflecting a significant drop from its recent price of around $170 and its all-time high of $294.85, which it reached just two …

Stellar Lumen (XLM) Price Prediction for March 19

Monicah W

XLM Price Breakout, Traders' Eyes on 60% Rally

The post Stellar Lumen (XLM) Price Prediction for March 19 appeared first on Coinpedia Fintech News

Ripple rival Stellar Lumen (XLM) is poised for massive upside momentum as it has formed a bullish price action pattern on the daily timeframe and is now garnering significant attention from traders and investors. On March 19, 2025, as sentiment across the crypto landscape shifts, XLM breached the resistance of the 200 Exponential Moving Average (EMA) on the daily timeframe. 

Why is XLM Price RIsing?

This breakout of the resistance level and the shift in sentiment began after the United States Securities and Exchange Commission (SEC) dropped its lawsuit against Ripple Labs.

XLM is currently trading near $0.29 and has surged over 11% in the past 24 hours. This price jump suggests that it is mirroring its rival’s upside momentum. Meanwhile, its trading volume has increased by 135% during the same period, indicating heightened participation from traders and investors following the end of the legal battle.

XLM Price Analysis and Upcoming Levels 

Since November 2024, XLM has been on a downward trajectory, forming a falling wedge price action pattern on the daily timeframe. However, with the recent price jump, the asset is approaching the breakout area.

Based on its recent price action and historical patterns, if XLM closes a daily candle above the $0.29 level, there is a strong possibility it could initially soar by 30% to reach $0.37 in the coming days. Furthermore, if XLM sustains this rally and closes a daily candle above $0.35, it could witness another 40% surge, reaching $0.488.

Source: Trading View

XLM’s Over-Leveraged Levels 

With this positive development and bullish price action, traders have begun betting on the long side, as reported by the on-chain analytics firm Coinglass.

Data reveals that traders are currently over-leveraged at $0.2725 on the lower side, with bulls having built $5 million worth of long positions, while $0.3025 is another over-leveraged level where bears hold $2.20 million worth of short positions.

When combining this on-chain metric with technical analysis, it appears that bulls are back and will support the asset in reclaiming its all-time high in the coming days.

The post Stellar Lumen (XLM) Price Prediction for March 19 appeared first on Coinpedia Fintech News
Ripple rival Stellar Lumen (XLM) is poised for massive upside momentum as it has formed a bullish price action pattern on the daily timeframe and is now garnering significant attention from traders and investors. On March 19, 2025, as sentiment across the crypto landscape shifts, XLM breached the resistance of the 200 Exponential Moving Average …

Fed Announces No Rate Cut at March FOMC Meeting: How Will Crypto Market React?

Monicah W

The post Fed Announces No Rate Cut at March FOMC Meeting: How Will Crypto Market React? appeared first on Coinpedia Fintech News

After concluding Federal Open Market Committee (FOMC) meeting, the US Federal Reserve has released its second policy decision for 2025. The recent press release reveals that the Federal Open Market Committee has chosen to keep interest rates steady, maintaining them in the range of 4.25% to 4.5%. This decision comes after the committee opted to reduce rates three times in succession last year.

Fed Sees Two Cuts This Year

At the conclusion of the second of the Federal Open Market Committee’s eight scheduled meetings for 2025, which wrapped up on Wednesday, the panel decided to maintain the federal funds rate at the existing target range of 4.25% to 4.5%.

In addition to their decision, Federal Reserve officials have revised their interest rate and economic forecasts through to 2027 and adjusted the speed at which they are scaling back bond holdings.

Despite uncertainties emerging from President Donald Trump’s tariffs and an aggressive fiscal policy that includes tax cuts and deregulation, the officials anticipate a further reduction in rates by half a percentage point through 2025. The Fed typically adjusts rates in quarter percentage point steps, suggesting two potential rate cuts this year.

The FOMC’s post-meeting statement highlighted an increased level of uncertainty in the current economic environment.

Jerome Powell acknowledged that recent inflation data indicate considerable progress towards stabilization, yet he highlighted that the central bank’s efforts are ongoing. He stated that interest rates would remain restrictive to counter rising inflation, which is still somewhat elevated.

The press release highlighted that recent indicators point to a robust expansion of the economy. It noted that the unemployment rate has remained low and stable in recent months, and conditions in the labor market continue to be strong.

Following the announcement, the price of BTC experienced a sharp increase, now hovering around the $85K mark. It has recorded a gain of over 4.4% in the last 24 hours.

Overall Crypto Market Remains Stable

Cryptocurrency markets experienced minimal turbulence, largely because investors had already priced in the Fed’s decision to leave interest rates untouched.

This decision from the Federal Reserve comes amid economic uncertainties fueled by trade tensions early into President Donald Trump’s second term. Trump’s aggressive imposition of tariffs on steel, aluminum, and numerous other imports, has contributed significantly to volatility across global financial markets.

Alongside its latest rate announcement, the Fed also revised downward its expectations for economic expansion, signaling a more cautious outlook. Growth forecasts for this year were trimmed to 1.7%, marking a notable 0.4 percentage point drop compared to December’s projection.

In contrast, inflation expectations climbed slightly, with core inflation now anticipated to reach a 2.8% annualized rate—up 0.3 percentage point from prior estimates.

Interestingly, the Fed’s latest projections, shown in its “dot plot,” suggest a move toward tighter monetary policy compared to December. Previously, only one official expected rate to stay unchanged into 2025, but now four officials share that view, indicating a stronger preference for caution and possibly higher interest rates in the future.

The post Fed Announces No Rate Cut at March FOMC Meeting: How Will Crypto Market React? appeared first on Coinpedia Fintech News
After concluding Federal Open Market Committee (FOMC) meeting, the US Federal Reserve has released its second policy decision for 2025. The recent press release reveals that the Federal Open Market Committee has chosen to keep interest rates steady, maintaining them in the range of 4.25% to 4.5%. This decision comes after the committee opted to …

Breakout Alert! Bitcoin (BTC) Could Hit $92,600 If This Happens

Monicah W

The post Breakout Alert! Bitcoin (BTC) Could Hit $92,600 If This Happens appeared first on Coinpedia Fintech News

Today, March 20, 2025, Bitcoin (BTC), the world’s largest cryptocurrency, appears to be shifting from its prolonged consolidation to massive upside momentum. The Fed’s decision to hold interest rates steady during the March FOMC meeting has pushed BTC above a crucial level.

Bitcoin (BTC) Technical Analysis and Upcoming Levels

According to expert technical analysis, after the March FOMC, BTC breached its prolonged consolidation and the resistance it faced from the 200 Exponential Moving Average (EMA) on the daily timeframe.

Despite the breakout, it is not yet fully confirmed whether BTC will rally or continue its prolonged consolidation. Based on recent price action and historical patterns, if BTC closes a daily candle above the $85,800 mark, there is a strong possibility it could soar by 8% to reach $92,600 in the coming days.

Source: Trading View

This bullish thesis will remain valid only if BTC holds above the $85,600 mark; otherwise, it may fail.

Current Price Momentum 

At press time, Bitcoin is trading near $85,500, having surged over 4.50% in the past 24 hours. Meanwhile, its trading volume has jumped by 40% during the same period, indicating heightened participation from traders and investors compared to the previous day following bullish price action.

Major Liquidation Areas

After bullish price action and impressive upside momentum, traders seem optimistic about the asset, as reported by the on-chain analytics firm CoinGlass.

Source: Coinglass

Data revealed that traders are currently over-leveraged at $83,400, a level where they hold nearly $920 million worth of long positions. On the other hand, $86,300 is another over-leveraged level where traders betting on the short side have held $375 million worth of short positions.

When combining these on-chain metrics with technical analysis, it appears that bulls dominate and push BTC toward reclaiming the $90,000 mark.

The post Breakout Alert! Bitcoin (BTC) Could Hit $92,600 If This Happens appeared first on Coinpedia Fintech News
Today, March 20, 2025, Bitcoin (BTC), the world’s largest cryptocurrency, appears to be shifting from its prolonged consolidation to massive upside momentum. The Fed’s decision to hold interest rates steady during the March FOMC meeting has pushed BTC above a crucial level. Bitcoin (BTC) Technical Analysis and Upcoming Levels According to expert technical analysis, after …

News

Bitnomial To Launch First Regulated XRP Futures in the US, Boosting ETF Odds

Monicah W

Bitnomial announced that it will launch an XRP futures contract tomorrow, the first in the US. The announcement comes after the SEC reportedly dropped its landmark lawsuit against Ripple today.

Bitnomial dropped its own suit against the Commission regarding the regulatory status of this offering. An XRP futures contract could help lay the critical groundwork for spot ETF approval.

XRP Futures Contract For US Institutional Traders

Since the SEC dropped its lawsuit against Ripple this morning, the price of XRP has responded very positively. This landmark case carried a lot of implications for the entire crypto industry, and naturally, it’ll have a knock-on effect on other topics.

Case in point, Bitnomial subsequently announced that it will launch an XRP futures contract tomorrow.

“Bitnomial is launching the first-ever CFTC-regulated XRP futures in the US — physically settled for real market impact. Plus, we’ve voluntarily dismissed our case against the SEC as regulatory clarity improves. Current clients have access to XRP futures on March 20, 2025. Prospective clients can onboard with one of our FCM partners,” the firm claimed.

XRP futures are standardized derivative contracts that allow traders to speculate on or hedge against future price movements of the altcoin with physical settlement. They promote market maturity by enhancing liquidity, improving price discovery, and providing a regulated avenue for risk management.

Bitnomial tried to launch an XRP futures contract in 2024, but the SEC blocked the effort. The Commission claimed that these futures contracts would qualify as securities, and Bitnomial sued it to defend its position.

Now, the firm is dropping its suit and will launch these contracts through Botanical, a CFTC-regulated exchange. No SEC involvement is required.

“Crypto derivatives exchange Bitnomial plans to drop its own lawsuit against Wall Street’s top cop after suing the agency in October over its claim that it had jurisdiction over Bitnomial’s planned XRP futures contract,” wrote Eleanor Terrett.

In other words, this looks like a huge win for the XRP community. The SEC has recently signaled that it might allow the CFTC to regulate more crypto products, and it seems like this is starting.

If the SEC continues passing crypto-related financial products to its sister Commission, it could be a very bullish trend.

Notably, the futures contract might also help XRP ETF approval odds. Recently, the SEC delayed several applications to create one, and its status is in limbo.

However, this would be the first XRP futures contract in the US after months of delays. Solana fans are hoping that its own futures contract will improve ETF chances, as it did with BTC and ETH.

Brad Garlinghouse, CEO of Ripple, recently spoke in an interview about the SEC case and a few other topics. He explicitly confirmed that Ripple could not overturn a previous ruling against the firm, as it tried to do. He said that Ripple may continue fighting for the right to sell XRP to institutional investors, but he isn’t certain.

Garlinghouse is certain, however, that an XRP ETF will happen soon. He didn’t comment on Bitnomial’s XRP futures contract, but he cited other factors.

“I have immense confidence on the ETF. I think there’s 11 different filings pending with the SEC to launch ETFs. I think those will be live in the second half of this year,” Garlinghouse claimed.

In other words, things are looking good for Ripple supporters overall. The SEC lawsuit is over, and Bitnomial’s new XRP futures contract might help lay the groundwork for an ETF.

The post Bitnomial To Launch First Regulated XRP Futures in the US, Boosting ETF Odds appeared first on BeInCrypto.

News

Bubblemaps (BMT) Faces Profit-Taking After 147% Rally From Binance Listing

Monicah W

Bubblemaps (BMT) recently saw a surge in price following the Binance Token Generation Event (TGE) and its subsequent listing. This rally sparked investor excitement, pushing the price to a new all-time high. 

However, the momentum was short-lived, as many investors quickly took profits, leading to a 17% decline.

Bubblemaps Notes Selling Pressure

The Chaikin Money Flow (CMF) indicator showed a downtick over the last day, reflecting rising outflows as investors sell off their holdings. This drop in the CMF suggests that the momentum from the initial rally is beginning to fade. 

With the indicator still struggling to move above the zero line, the lack of sustained inflows signals that the rally may lose steam in the coming days. Investors are likely cashing out after the initial excitement, which could keep BMT price from maintaining its upward trajectory.

The absence of fresh capital flowing into the asset further complicates any potential recovery. 

BMT CMF
BMT CMF. Source: TradingView

The Moving Average Convergence Divergence (MACD) indicator also points to weakening momentum. After showing positive signals earlier in the rally, the MACD has shifted towards a bearish crossover, suggesting a shift from positive to negative momentum.

The initial bullish trend appears to be losing strength, and the price could follow suit in the near term.

The MACD’s shift to bearish territory confirms that the market sentiment around Bubblemaps is starting to sour. The change in momentum is often an early sign of further declines, and this could lead to more selling as traders react to the negative signals.

BMT MACD
BMT MACD. Source: TradingView

BMT Price Aims For A New High

Bubblemaps has seen a significant 147% price increase over the past 48 hours. However, after the recent 17% drop, the price is now trading at $0.226. Given the current market conditions, BMT could experience further declines, potentially falling to $0.194 or even as low as $0.119 if investor sentiment continues to drop.

Should the outflows continue, Bubblemaps could struggle to recover. The lack of strong inflows and the shift in momentum from bullish to bearish will likely limit any upside.

A drop below $0.194 would solidify a bearish outlook, and the altcoin may need more substantial market support to avoid further losses.

BMT Price Analysis.
BMT Price Analysis. Source: TradingView

However, if inflows pick up and buying pressure strengthens, there is potential for a price rebound. A breach of the $0.274 resistance level could pave the way for a new all-time high above $0.325, invalidating the current bearish trend and signaling renewed investor confidence.

The post Bubblemaps (BMT) Faces Profit-Taking After 147% Rally From Binance Listing appeared first on BeInCrypto.

News

FOMC Rejects Further Interest Rate Cuts, Disappointing Crypto Market

Monicah W

The FOMC concluded its latest meeting by announcing that it will not cut US interest rates. This decision was largely priced in, and the crypto market hasn’t seriously suffered.

Rate cuts would’ve provided a bullish narrative to juice fresh investment, which the market desperately needs. Bearish signals are growing alongside fears of a US recession.

Federal Reserve Says No to Rate Cuts

The Federal Reserve just finished its Federal Open Market Committee (FOMC), which determines much of US financial policy. The crypto industry was waiting with bated breath to see if the FOMC would decide to cut interest rates.

However, the FOMC made its report to the public and claimed that no rate cuts would be taking place.

“The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty around the economic outlook has increased. The Committee is attentive to the risks to both sides of its dual mandate. In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4.25% to 4.5%,” it said. 

This news more or less fits with the industry’s expectations. Fed Chair Jerome Powell already clearly stated that the FOMC doesn’t plan to cut interest rates.

The industry hoped that rate cuts could provide a bullish narrative, especially while the markets are afraid. For now, it seems like it’ll need to find an optimistic signal somewhere else.

Despite uncertainty from tariffs and bold fiscal policies, officials expect interest rates to drop by another half percentage point by 2025. Since the Fed typically adjusts rates in 0.25% steps, that means we’re likely to see two cuts this year.

Federal Reserves Still Project Two Rate Cuts in 2025
Federal Reserves Still Project Two Rate Cuts This Year. Source: CNBC

Rate cuts would be bullish for investors, especially for risk-on assets like cryptoassets. However, this isn’t the Federal Reserve’s only concern. The FOMC alluded to its “dual mandate” when denying rate cuts. In other words, it needs to juggle investor concerns with consumer inflation fears, uncertainty around Trump’s tariffs, and a possible US recession.

If the FOMC were to slash interest rates, it would likely boost US inflation. The most recent CPI report was better than expected, and some in the industry hoped that this would build confidence. Ultimately, the main hopes rested with President Trump, who personally advocated for rate cuts. However, he didn’t make a major intervention.

It’s not all bad, though. The FOMC also announced would slow Quantitative tightening (QT) by reducing the monthly redemption cap on Treasury securities from $25 billion to $5 billion.

Some members of the community were pleased by this news, as slower QT can increase market liquidity. This announcement is at least some consolation for investors.

In any event, this lack of rate cuts was expected and priced in. The FOMC didn’t shock anybody by refusing to cut interest rates, and the market hasn’t been chaotic. A few of the top-performing cryptoassets suffered minor losses, but no substantial drops have materialized.

Crypto Reacts to FOMC Decision
Crypto Reacts to FOMC Decision. Source: BeInCrypto

The crypto industry has been desperate for a bullish narrative, and some major players are visibly cracking at the seams.

The FOMC, however, did not provide this narrative via rate cuts. Hopefully, crypto will find something else to be optimistic about before a full-blown market correction takes hold.

The post FOMC Rejects Further Interest Rate Cuts, Disappointing Crypto Market appeared first on BeInCrypto.

News

Cardano’s Supply Tightens as Whales Buy 190 Million ADA in 24 Hours – What Next?

Monicah W

Cardano has noted significant whale activity over the past 24 hours, aligning with the broader market recovery. During that period, the total crypto market capitalization has added another $50 billion, signaling renewed bullish momentum.

As bullish pressure strengthens, ADA appears poised to re-commence an upward trend.

Cardano Sees Heavy Whale Accumulation

On-chain data shows that Cardano whales, holding between 100 million and 1 billion coins, have acquired 190 million ADA in the past 24 hours. This cohort of large ADA investors currently holds 3.22 billion coins. 

ADA Supply Distribution
ADA Supply Distribution. Source: Santiment

When whales increase their coin holdings, it signals strong confidence in the asset’s future price potential.

Large-scale accumulation like this would reduce ADA’s available supply in the market, which can drive up its price if demand remains steady. The trend indicates a bullish outlook, as whales typically buy in anticipation of higher prices.

ADA’s Network Realized Profit/Loss (NPL) further supports this bullish outlook. At press time, it stands at -15.87 million. 

ADA NPL.
ADA NPL. Source: Santiment

This metric measures the net profit or loss of all coins moved on the blockchain depending on their acquisition cost. When an asset’s NPL is negative, many investors are holding at a loss. 

This situation is known to reduce the selling pressure in the market, as traders may choose to hold their assets instead of realizing losses, which could support a potential price rebound. 

The steady dip in ADA’s NPL indicates that many holders are sitting on unrealized losses. To avoid selling at a loss, they may choose to hold onto their investments, reducing selling pressure. The increased holding time could, in turn, drive up ADA’s price as supply tightens in the market.

ADA’s Buying Pressure Increases—Will It Fuel a Price Breakout?

At press time, ADA trades at $0.72. On the daily chart, the coin’s Chaikin Money Flow (CMF) is in an uptrend and poised to cross above the zero line, highlighting the rise in buying pressure.

The indicator measures fund flows into and out of an asset. When it attempts to break above the zero line, it signals a potential shift from selling pressure to buying pressure. 

If the breakout is sustained, it would confirm strengthening bullish momentum in the ADA market and hint at a potential price uptrend. In this case, the coin’s price could rally toward $0.82.

ADA Price Analysis.
ADA Price Analysis. Source: TradingView

However, if selloffs intensify, this bullish projection will be invalidated. In that scenario, ADA’s price could fall to $0.60. 

The post Cardano’s Supply Tightens as Whales Buy 190 Million ADA in 24 Hours – What Next? appeared first on BeInCrypto.

News

President Trump Will Reportedly Speak at the Digital Asset Summit

Monicah W

President Donald Trump is set to speak at the Digital Asset Summit (DAS) in New York on March 20. 

This is the first time a sitting US president will participate in a crypto conference.

Donald Trump to Make Historic Appearance at the Digital Asset Summit

Earlier this month, Donald Trump hosted the first-ever White House Crypto Summit. Although the community wasn’t particularly happy with the developments at the summit, it gave several significant updates on the US Bitcoin Reserve and the government’s current regulatory stance.

Reports indicate that Trump’s appearance may not be live. Some sources suggest he could deliver a pre-recorded message instead. 

Either way, this marks the first time an active US president is set to formally address a crypto conference. 

“Got some clarity on this — multiple sources on the ground at the DAS Conference tell me President Trump is/was planning to livestream into the conference at some point today or tomorrow to address the crowd. I’m told this may yet happen but could also be done via a taped recoding,” wrote Eleanor Terrett.

The summit will also feature key lawmakers, including Representatives Ro Khanna and Tom Emmer, alongside industry leaders such as MicroStrategy’s Michael Saylor and Ripple CEO Brad Garlinghouse.

Earlier today, Garlinghouse announced that the SEC dropped its appeal and XRP lawsuit against the firm in a landmark decision. 

The crypto market has shown signs of recovery this week. Earlier today, the Feds announced that it won’t hold any rate cuts currently. Yet, two more rate cuts are planned for later this year.

Trump’s address at DAS could have further implications. If he signals a more favorable regulatory approach to digital assets, the market could respond positively.

The post President Trump Will Reportedly Speak at the Digital Asset Summit appeared first on BeInCrypto.