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The post Solana Price Struggles, Experts Pick The Best Crypto To Buy For A Rally Like Pepe Coin In 2024 appeared first on Coinpedia Fintech News

The best crypto to buy in 2025 could be an undervalued crypto gaming gem that is still flying under the radar. However, this could change soon, as its presale is quickly gaining viral status, raising over $10.8 million in record time. 

Rollblock (RBLK) has been making waves in the online gaming landscape with its innovative GameFi platform backed by robust fundamentals and deflationary tokenomics. This newcomer could mirror Pepe’s explosive 2024 performance and potentially outpace Solana, delivering exponentially higher returns.

Welcome To Rollblock’s GameFi Revolution

Rollblock brings forward an immersive GameFi platform that bridges the gap between centralized and decentralized gambling. New players will enjoy a high-end user experience supported by blockchain technology, ensuring superior security and transparency.

With a license from Anjouan Gaming and a comprehensive audit from SolidProof, Rollblock adheres to the highest security standards, cementing its commitment to providing a safe and transparent gaming environment. 

Over 50,000 players have joined Rollblock, and hundreds of new users are signing up every day. A 7,000-game catalog is waiting to be explored, with titles catering to every type of user: all-time classics such as blackjack and roulette, live games, and even exclusive AI-driven games. 

Best Crypto To Buy? Why With Rollblock, Investors Always Win

The native utility token, RBLK, plays a critical role in the ecosystem as it powers the revolutionary revenue-sharing mechanism, which will allow holders to earn some of the highest APY on the market. To sustain this, the platform will reinvest up to 30% of its weekly earnings and redistribute them to the community via open-market buybacks of the RBLK token. 

40% of these tokens will be allocated for staking rewards, while the remaining 60% will be burned, promoting scarcity-driven growth while ensuring superior price stability in the long run. Strong adoption and a 30% presale bonus continue to drive demand, solidifying Rollblock’s position as a top GameFi contender.

Crypto YouTuber Freddie Finance has recently shared a deep dive into Rollblock’s inner workings, explaining how this project can become this year’s biggest success story. 

This Crypto Presale Has INSANE Potential ($6M Already Raised?!) ROLLBLOCK Review

Solana Continues To Stall, Will The Crypto Summit Catalyze A Breakout?

Between Trump’s executive order establishing the creation of a US Strategic Crypto Reserve and the White House Crypto Summit, bullish news is piling up. However, Solana (SOL) continues to stall, as it’s currently selling for $135, with little to no movement in terms of daily price action. Solana is also trading in the red on the monthly timeframe, posting a steep 31% correction as its price saw a sharp rejection at the $180 resistance.

Source: CoinMarketCap

Despite the slump, analyst Pat is bullish, expecting a major Solana reversal. He draws attention to the formation of a bullish cup-and-handle pattern on the Solana chart. He asserts that Solana might retest the $120 support before reversing the trend and breaking out to new heights, with a final target that sees SOL surging above $400 at the height of the bull run.

Pepe Sees Minor Rebound

After a memorable 2024 performance, Pepe is now treading water, as its price structure broke down, leading to a steep decline. At the time of writing, Pepe (PEPE) sells for $0.000006 following a 7% intraday decrease, accompanied by a 43% drop in 24-hour trading volume. 

Source: CoinMarketCap

Crypto analyst Mihir believes that the bottom could be in for Pepe, as it’s currently retesting a critical support level. From here, Pepe could attempt to flip the trend, with the next crucial milestone being the $0.000010 mark. This hypothesis is also reflected by Pepe’s 4-hour RSI, now sitting above 50 points, reflecting growing buying pressure.

Source: CryptoWaves

Why Rollblock Could Become One Of The Biggest Plays Of 2025

Rollblock is on track to outperform both Pepe and Solana, as its significantly smaller market cap grants much greater room for growth. With the crypto gaming narrative gaining traction, Rollblock positions itself as an alluring opportunity for investors who want to lock in massive price multipliers as the cycle progresses.

Right now, the price of RBLK is $0.061, and early buyers are already enjoying over 500% gains since the start of the presale. When taking into account all that this novel GameFi platform has in store, Rollblock could be the perfect candidate for a 100x moonshot when the bull market is in peak euphoria mode!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

The post Solana Price Struggles, Experts Pick The Best Crypto To Buy For A Rally Like Pepe Coin In 2024 appeared first on Coinpedia Fintech News
The best crypto to buy in 2025 could be an undervalued crypto gaming gem that is still flying under the radar. However, this could change soon, as its presale is quickly gaining viral status, raising over $10.8 million in record time.  Rollblock (RBLK) has been making waves in the online gaming landscape with its innovative …

The post Why Dogecoin (DOGE) and Tron (TRX) Investors Are Moving into a Better and Cheaper $0.02 Altcoin appeared first on Coinpedia Fintech News

Dogecoin (DOGE) and Tron (TRX) have been mainstays in the crypto landscape for years. From Dogecoin’s entertaining rise as a meme-inspired cryptocurrency to Tron’s ambitions of revolutionizing decentralized applications, these tokens have commanded attention.

However, tides are shifting, and many investors are beginning to look for fresher opportunities with greater potential rewards. Enter BinoFi (BINO), a promising $0.02 altcoin that’s swiftly catching the eye of seasoned traders.

The attraction is simple. BinoFi offers a better combination of features, accessibility, and growth potential compared to many established cryptocurrencies. 

While DOGE relies heavily on social hype and TRX battles market stagnation, BinoFi brings innovation to the forefront and is already showing signs of exponential growth.

Introduction to BinoFi and Its Product

At the core of BinoFi’s appeal is its flagship offering—the first-ever hybrid crypto exchange. The platform has been designed to solve long-standing issues in the crypto trading ecosystem.

Centralized exchanges (CEXs) provide speed and liquidity but often suffer from trust and security concerns, while decentralized exchanges (DEXs) give users ownership and privacy at the expense of efficiency. BinoFi bridges these gaps by creating a hybrid model that combines the best of both worlds.

Using a hybrid liquidity engine, BinoFi aggregates liquidity from CEX order books and DEX liquidity pools, ensuring optimal pricing for traders while reducing slippage.

Adding to this, the platform enables direct cross-chain trading without the need for complicated bridges or wrapped tokens, making it easier for traders to operate across multiple blockchains.

Recently listed on CoinMarketCap, BinoFi has also boosted its credibility and visibility. This milestone has caught the attention of global investors, signaling that the project is not just a fleeting trend but a serious contender in the evolving world of crypto finance.

BinoFi’s Features and Vision

What elevates BinoFi beyond just another altcoin is the ingenuity of its features and the ambition embedded in its roadmap. The platform’s foundation is built around empowering traders.

With its Multi-Party Computation (MPC) wallet system, users enjoy non-custodial security that doesn’t require traditional seed phrases. This setup enhances safety while simplifying wallet recovery and offering gasless transaction capabilities.

Beyond its current offerings, BinoFi is looking into the future. Its roadmap includes plans to integrate AI-driven trading tools for advanced analytics, risk management, and automated portfolio adjustments.

Additionally, decentralized governance will allow BINO token holders to play an active role in steering the platform’s direction—a feature sure to attract community-minded investors.

BinoFi isn’t just focused on technology; it has its eyes firmly set on redefining the user experience as well. By merging speed, liquidity, and security, alongside fostering an engaged community, BinoFi presents a vision that many believe can lead the next phase of cryptocurrency trading.

BinoFi’s Presale and Investment Potential

While BinoFi’s features and innovations are exciting, its presale is currently stealing the show. With more than 3 million tokens sold in just a few hours, the enthusiasm for BINO is undeniable.

Analysts are increasingly optimistic about its future, with some predicting the token could hit $1.00 in value upon full launch. For investors entering at today’s $0.02 presale rate, this would mean a staggering 50x return, a 5,000% increase.

The opportunity becomes even more compelling when considering the larger trends in the crypto market. Early investors often reap the greatest benefits, and with the presale moving at such a rapid pace, the window to secure tokens at these initial rates is shrinking fast.

BinoFi’s presale isn’t just about acquiring tokens; it’s about being part of a revolutionary platform set for rapid adoption and substantial growth.

Smart investors foresee the hybrid model becoming the standard for crypto trading, and BinoFi is leading that transition.

A Rare Opportunity in Plain Sight

With Dogecoin and Tron losing momentum, it’s clear the crypto market is eager for new leaders. BinoFi, with its hybrid exchange, impressive features, and low entry cost is seizing the moment. Its presale has already proven that demand is high, while its listing on CoinMarketCap signals a bright future for the token.

For investors who have watched the crypto space from the sidelines or are looking to switch from older, slower-moving assets, BinoFi represents a golden opportunity.

With its ability to tackle long-standing trading inefficiencies and its enormous growth potential, the $0.02 price tag feels like an open door to life-changing returns.

Now is the time to look to the future of crypto—where technology meets opportunity—and BinoFi is paving the way. 

• Website: https://binofi.com
• Whitepaper: https://whitepaper.binofi.com
• Telegram: https://t.me/binofilabs
• Twitter: https://x.com/Binoficom 
• CoinMarketCap: https://coinmarketcap.com/currencies/binofi/ 

The post Why Dogecoin (DOGE) and Tron (TRX) Investors Are Moving into a Better and Cheaper $0.02 Altcoin appeared first on Coinpedia Fintech News
Dogecoin (DOGE) and Tron (TRX) have been mainstays in the crypto landscape for years. From Dogecoin’s entertaining rise as a meme-inspired cryptocurrency to Tron’s ambitions of revolutionizing decentralized applications, these tokens have commanded attention. However, tides are shifting, and many investors are beginning to look for fresher opportunities with greater potential rewards. Enter BinoFi (BINO), …

The post Robinhood To Pay $29.75M to Settle FINRA Probe Over Compliance Issues appeared first on Coinpedia Fintech News

Robinhood has agreed to pay $29.75 million to settle investigations by FINRA regarding its supervision and compliance practices. The settlement includes a $26 million fine and $3.75 million in restitution to customers. 

Robinhood Failed to Manage Trading System During Activity Surge

FINRA found that Robinhood didn’t properly manage or oversee its system for processing trades, even though there were clear signs of delays in processing due to a huge increase in trading activity. 

This happened between March 2020 and January 2021, which was the same time Robinhood restricted trading in popular meme stocks like GameStop and AMC Entertainment Holdings. In other words, Robinhood didn’t do enough to address the issues that were causing delays in its system, even though they could have seen it coming.

Robinhood failed to “respond to red flags of potential misconduct,” FINRA noted, leading to Anti-Money Laundering and supervisory and disclosure violations.

Robinhood Missed Suspicious Activities and Failed to Verify Accounts

FINRA found that Robinhood failed to detect, investigate suspicious activities, like manipulative trades, unusual money transfers, or cases where hackers took over customer accounts. Besides, Robinhood also opened thousands of accounts without properly checking customers’ identities. Because of these issues, Robinhood failed to set up strong Anti-Money Laundering programs, according to FINRA.

Robinhood also failed to properly monitor and keep records of social media posts, including those from paid influencers. Some of these posts were misleading or made unfair promises to investors.

The $3.75 million in restitution was because Robinhood gave customers incorrect or incomplete information when it changed market orders to limit orders, which impacted their trades.

Robinhood Agrees To FINRA’s Findings

Robinhood Financial and Robinhood Securities agreed to FINRA’s findings without admitting or denying the charges. This comes two months after the company settled for $45 million with the US securities regulator in January, following an investigation into violations of over 10 securities laws. Robinhood Financial and Robinhood Securities admitted to failing to maintain and preserve customer communications from 2020 to 2021.

Recently, in Q4 2024, Robinhood hit a record $916 million in net income and over $1 billion in revenue. Crypto revenue reached $358 million, a 200% increase, while crypto trading volumes jumped 450% to $71 billion.

The post Robinhood To Pay $29.75M to Settle FINRA Probe Over Compliance Issues appeared first on Coinpedia Fintech News
Robinhood has agreed to pay $29.75 million to settle investigations by FINRA regarding its supervision and compliance practices. The settlement includes a $26 million fine and $3.75 million in restitution to customers.  Robinhood Failed to Manage Trading System During Activity Surge FINRA found that Robinhood didn’t properly manage or oversee its system for processing trades, …

Binance founder Changpeng Zhao (CZ) poked holes at degens over the rush for quick and easy gains in the cryptoverse. CZ says pitching tents with credible projects is a better investment strategy in the long term for investors in the space.#

A Fortune Is Spent Investing In Shady Projects, Says Binance Founder

CZ has taken swipes at “degen” activity in cryptocurrency circles following a string of high-profile rug pools. According to the Binance founder, investors are sinking in massive fortunes to clutch at quick rewards in the ecosystem.

The Binance founder disclosed on X (formerly Twitter) that investors rarely recoup their funds in the pursuit of quick gains. Degens typically invest in low-cap tokens and memecoins, aping into leveraged positions without proper research.

CZ advises investors to turn their gaze to “ethical teams” building projects for long-term growth, rather than short-term hype. Investors chasing trends and hype have lost a fortune in rug pulls, liquidity drains, and exit scams. The US SEC has disclosed that memecoins are not securities, urging investors to be wary of speculative investment in the asset class.

“In crypto, too much money is spent chasing small, quick gains,” said CZ. “Focus on ethical teams that build for the long term. Big money is built slowly with stamina.”

While the Binance founder did not expressly mention credible crypto projects, his comments allude to teams with established members and communities building projects with real utility.

CZ Offers Suggestions on Tokenomics For Crypto Projects

The Binance founder has offered suggestions for crypto project tokenomics designed to reduce rug pulls. According to CZ’s plan, only 10% of tokens will be unlocked while the remaining tokens will require the fulfillment of strict conditions before an unlock.

Under the proposal, issuers will unlock new tokens after every six months with only 5% of tokens allowed to be unlocked. CZ’s tokenomics plan will rely on smart contracts to control the vesting schedule and third parties to hold the keys.

CZ has since rolled out support for victims of BROCCOLI and TST memecoin crashes, raising over $1 million in cryptocurrencies. The Binance founder says that AI projects can leverage L1 and L2 blockchains to achieve efficiency and decentralization objectives.

The post Binance Founder Criticizes ‘Degens’, Advocates Support For Credible Projects appeared first on CoinGape.

Ethereum price dived below $2,000 on March 9, mirroring the broader market downtrend. Institutional investors are offloading ETH, increasing downside risks.

Ethereum Price Dives Below $2,000 as US NFP Tilts Markets Bearish

Ethereum (ETH) experienced significant losses over the weekend as the highly anticipated White House Summit failed to lift market sentiment. Instead, the latest US Non-Farm Payroll (NFP) report dominated investor outlook, highlighting rising unemployment and increasing inflation pressures.

As a result, ETH price tumbled below the psychological $2,000 level, trading as low as $1,998 on Binance on March 9, marking an 8% daily decline. The drop exceeded Bitcoin’s 4% losses within the same timeframe, signaling stronger bearish momentum within ETH spot markets.

The selling pressure has been exacerbated by mounting fears of further Federal Reserve tightening in response to rising inflation metrics. With investors now eyeing the next Consumer Price Index (CPI) report, ETH price could struggle to gain meaningful traction unless macroeconomic conditions shift favorably.

BlackRock ETF Led Outflows with $11 Million Sell-off After US NFP Data

Amid rising unemployment and inflation triggers, institutional investors are reallocating capital away from crypto markets toward fixed-income securities, driving bond yields higher across global markets. This shift in investor sentiment has translated into substantial outflows from Ethereum ETFs.

According to on-chain analytics provider SosoValue, Ethereum ETFs recorded $23 million in outflows on Friday, the same day the US NFP report was released. Among the largest liquidations, BlackRock’s iShares Ethereum ETF saw an $11 million capital flight, the highest single-day outflow among Ethereum-focused funds.

The rapid outflows in Ethereum ETFs suggest that institutional investors are repositioning their portfolios in anticipation of further downside in crypto markets. If Ethereum ETF outflows continue into the coming week, ETH price could struggle to mount a sustained recovery.

Ethereum Price Forecast: Death Cross Pattern Signals Deeper Decline Toward $1,850

Ethereum price forecast signals have taken a decisive bearish turn, with ETH plunging 8.3% on March 9 to test support near $2,000. The daily chart reveals a concerning technical setup, as ETH struggles below key moving averages, with a confirmed Death Cross between short-term EMAs signaling prolonged downside risks.

If Ethereum closes below the critical $2,000 level, selling pressure could accelerate, targeting the next major support at $1,850, where historical demand has previously stabilized declines.

The Bollinger Bands show ETH trading at the lower band, suggesting it is in oversold territory. However, the absence of a significant bullish reaction underscores weak buying momentum. The MACD histogram remains in deep negative territory, with its signal line widening against the MACD line—affirming that bearish momentum is strengthening rather than reversing. While a relief bounce cannot be ruled out, any recovery toward $2,250 or $2,433 would likely face intense resistance as sidelined sellers look to re-enter.

The heightened leverage in derivatives markets could amplify price swings. If ETH loses $2,000 decisively, long liquidations may accelerate a cascade effect, making $1,850 the next crucial test for bulls. Conversely, a close above $2,200 could shift sentiment toward a bullish retracement.

Ethereum Price Outlook: Key Levels to Watch This Week

For Ethereum to break its bearish grip, ETF inflows must show signs of stabilization, particularly from major asset managers like BlackRock. If institutional demand returns, ETH could attempt to reclaim the $2,100 level and challenge the $2,250 resistance zone.

On the flip side, if macroeconomic headwinds persist and ETF outflows accelerate, Ethereum risks dropping below $1,950, potentially testing lower support at $1,850. With US CPI data and Federal Reserve commentary on the horizon, traders should remain cautious, as Ethereum’s price action could see heightened volatility in response to broader market shifts.

Overall, Ethereum remains vulnerable to further downside unless it reclaims key resistance levels and sees a resurgence in institutional demand.

The post Ethereum Price Analysis: BlackRock ETF’s $11M Sell-off and US Inflation Triggers to Drive Next ETH Big Move appeared first on CoinGape.

Ethereum’s rough patch is expected to continue into the future, exacerbated by Bitcoin and Solana functionalities. Ordinals co-founder Casey Rodarmor noted that Bitcoin’s prestige and Solana’s speed could be the final nail in Ethereum’s coffin.

Bitcoin and Solana Threaten Ethereum’s Rise

While Ethereum’s recent decline has left investors in shock, the Ordinals co-founder Casey Rodarmor has proffered a theory for the asset. In a post on X (formerly Twitter), Rodarmor disclosed that the duo of Bitcoin and Solana negatively affects Ethereum.

Rodarmor says Bitcoin’s age and first-mover advantage gives it a keen advantage over Ethereum’s claim as “better money.” Conversely, Rodarmor says Solana is living up to its reputation as an ETH killer, improving on a range of metrics.

“Ethereum is getting squeezed by Bitcoin and Solana,” said Rodarmor. “Ethereum has nowhere to go.”

Rodarmor hinged Solana’s speed and scalability to its “centralization,” sparking a reaction from Solana cofounder Anatoly Yakovenko. Yakovenko downplayed Solana’s decentralization claims while pointing accusing fingers of centralization at Rodarmor.

Bitcoin has enjoyed a streak of positives including the executive signing of the Strategic Bitcoin Reserve while Solana is gearing up for a potential ETF approval.

ETH Continues To Falter In Troubling Fashion

Ethereum’s on-chain indicators are painting a sorry picture for the largest altcoin. After falling below $2,000, analysts say the possibility of ETH falling to $1,000 is highly likely.

After losing over 6% over the day, the asset is trading at $2,045, triggering a resistance by investors to buy ETH. However, whales continue to scoop ETH at a discount while institutional interests inch forward.

Sonic Labs co-founder Andre Cronje attempted to rationalize Ethereum’s underperformance, citing a boatload of Layer 2 projects dumping the assets. For Cronje, a below-par user experience contributes to waning interest in Ethereum with rising competition from newer blockchains. Cronje shut down speculation that he could buy ETH, noting that the project’s roadmap and lack of clear representation are major stumbling blocks.

“Hell, I don’t invest, but if I did, I would choose Solana, Tron, and XRP over ETH,” remarked Cronje.

The post Expert Reveals Why Bitcoin And Solana Have An Edge Over Ethereum appeared first on CoinGape.

Crypto Market Today (March 10): Bitcoin & Ether price actions on Monday set off a tidal wave of market concerns despite recent pro-cryptocurrency advancements in the U.S. Notably, BTC price backtracked to touch a $80K low intraday, whereas ETH price lost nearly 6%. Traders and investors are left jittering as even major-league altcoins Solana and XRP lost alarming values despite a ‘crypto stockpile’ and a strategic Bitcoin reserve announcement by Donald Trump last week.

Crypto Market Today: Here’s Why Bitcoin & Major Altcoins Are Falling

The global crypto market lost 4.83% over the past day, as indicated by a diminished market cap of $2.69 trillion. Further, liquidations in the past 24 hours totaled over $600 million, per Coinglass data, underscoring heat on prices. Analyst Ali Martinez revealed that over $1 billion in Bitcoin long positions have been liquidated recently, aligning with the market volatility.

On the other hand, the release of the non-farm payrolls (NFP) report on Friday hinted that a hawkish stance by the Feds could be on the horizon again. Coupled with the macro heat due to Trump’s tariff saga this month, these factors present risk assets with severe market pressure.

BTC Price Brushes $80K Low

BTC price dropped nearly 5% as of press time and exchanged hands at $82,033. The flagship coin hit an intraday bottom of $80,052.49 after falling from $86,146.15. The latest Coinglass data indicated that $237.60 million was liquidated in the Bitcoin market intraday. Nevertheless, the coin’s market dominance remained up by 0.03%, pointing towards a more volatile alts sector.

ETH Price Reverses 6%

ETH price lost nearly 6% in the past 24 hours and exchanged hands at $2,062. The coin bottomed and peaked at $1,991.19 and $2,194.89 intraday. Ethereum slips alongside $107.56 million liquidated in the past 24 hours. ETH’s market dominance rested at 9.2% today.

XRP Price Falls 6%

XRP price fell nearly 6% in the past 24 hours and exchanged hands at $2.18. The coin hit a low and a peak of $2.09 and $2.34 in the past 24 hours. Ripple’s coin recorded only $30.34 million worth of liquidations, despite which the price slumps.

SOL Price Loses 8%

SOL price lost nearly 8% value as of press time and closed in at $127.5. Its intraday bottom and peak were $124.38 and $139.73, respectively. Solana recorded $26.6 million worth of liquidations in the past 24 hours, with its price dipping in tandem with the broader trend.

Meme Crypto Market Also Wanes

Dogecoin (DOGE) price fell 10% in the past 24 hours and traded at $0.1718. Shiba Inu (SHIB) price cracked 4% and exchanged hands at $0.00001208. Pepe Coin (PEPE) and TRUMP crashed over 9% and are sitting at $0.000005960 and $10.97, respectively. Leading meme coins also sink in sync with the broader market trend.

Top Gainers In Crypto Market Today

Some tokens have defied the broader market trend to trade in the green zone today. These are:

Story (IP)

Price: $5.23

24-Hour Gains: +9%

UNUS SED LEO (LEO)

Price: $9.83

24-Hour Gains: +0.5%

Top Losers In Crypto Market Today

JasmyCoin (JASMY)

Price: $0.01363

24-Hour Loss: -15%

Injective (INJ)

Price: $9.66

24-Hour Loss: -13%

Render (RENDER)

Price: $3.05

24-Hour Loss: -12%

Overall, the current market action has pushed investors to stay cautious despite pro-crypto advancements in the U.S. However, some market experts sighed in relief as the U.S. government announced it wouldn’t sell the nearly 200,000 Bitcoins acquired by Silk Road and would include it in its reserve, negating mass sell-off concerns. On the other hand, whales continue to buy the dip, sparking contrary market speculations as a sustained volatile trend prevails despite broader crypto advancements.

The post Crypto Market Today (Mar 10): BTC & Ether Prices Sink, Here’s Why appeared first on CoinGape.

Bitcoin price has crashed by another 4.5% taking a dip to $80,350 levels as market sentiment turns bearish just ahead of the US CPI data release this week. The overall crypto market crash over the last 24 hours has eroded more than $170 billion of investors’ wealth with market analysts predicting more pain ahead.

Will Bitcoin Price Crash to $75,000?

Bitcoin price has once again come under heavy selling pressure, facing strong rejection at $92,500 and extending weekly losses to more than 11.15%. Popular crypto analyst Ali Martinez noted that over $1 billion in Bitcoin (BTC) long positions were liquidated today. The massive liquidation highlights the intense market volatility currently impacting the cryptocurrency sector.

Bitcoin Forms a Bearish Pennant Says Peter Brandt

Veteran trader Peter Brandt has shared a technical analysis suggesting the recent Bitcoin price action confirms a bearish outlook. In the latest chart structure, Brandt has identified three critical technical developments hinting at further downside pressure.

1. Market completes double top.
2. Top retested by pennant.
3. Pennant completed, confirms bearish chart Bitcoin (BTC).

The analysis highlights a double top formation with peaks reaching approximately $108,100, followed by a bearish pennant pattern. According to Brandt, Bitcoin made a “deep retest” of its previous high near $95,321 before breaking down through the pennant formation.

The chart also indicates that Bitcoin price found temporary support at $81,513 following the breakdown, but the completion of the bearish pattern suggests further downside potential. Former BitMEX CEO Arthur Hayes also believes that there could be more pain left ahead for BTC. He wrote:

“An ugly start to the week. Looks like $BTC will retest $78k. If it fails, $75k is next in the crosshairs. There are a lot of options OI struck $70-$75k, if we get into that range it will be violent”.

Will BTC Enter Bear Market After US CPI?

Several market analysts believe that Bitcoin is finally entering a bear market as market sentiment deteriorates despite the launch of the Bitcoin Strategic Reserve. Furthermore, the initiative has revealed an apparent lack of intent to purchase anything beyond seized BTC.

On the other hand, institutional demand for Bitcoin has dried up significantly, as evident by the massive outflows from Bitcoin ETFs. Between March 3 and March 7 (ET), Bitcoin spot exchange-traded funds (ETFs) experienced significant outflows, signaling waning investor sentiment in the market. Data shows a net outflow of $799 million during the period, with Fidelity’s Bitcoin ETF (FBTC) accounting for $201 million of the total.

All eyes will be on the US CPI data for February coming this week, ahead of March 12. February’s U.S. consumer price data is expected to reflect gradual progress in controlling inflation, a key concern for Federal Reserve policymakers. The central bank may opt to maintain a cautious stance, monitoring the broader economic landscape amid evolving fiscal policies.

According to projections, the Consumer Price Index (CPI) excluding food and energy likely increased by 0.3%, as per a Bloomberg survey of economists.

The post Will Bitcoin Price Drop to $75,000 Ahead of US CPI Data This Week? appeared first on CoinGape.

The post Why Is Bitcoin Crashing Today? appeared first on Coinpedia Fintech News

Bitcoin’s price has left many investors confused after it dropped below $84,000. Despite strong bullish factors over the past week, its recent price movement is far from the high expectations set by analysts following the announcement of the Strategic Bitcoin Reserve.

Bitcoin Drops Over 6%

Bitcoin is currently trading at $80,909, down over 6% in the past day. Bitcoin has dropped 3.37% over the past week, with trading volumes down 53%. Despite the declining figures, Bitcoin whales are actively buying, accumulating more than 22,000 BTC in just three days.

Whales have bought over 22,000 #Bitcoin $BTC in the last 72 hours! pic.twitter.com/gVuFsijOqt

— Ali (@ali_charts) March 9, 2025

Despite a week full of positive news, including the signing of an executive order for a Strategic Bitcoin Reserve, a Crypto Summit at the White House, and encouraging statements from the OCC, Bitcoin’s price is unexpectedly falling and could drop below $80K.

The Out-of-sync Price Action!

On March 7, President Trump signed an executive order to use seized Bitcoin rather than purchasing it from the market. This move caused Bitcoin’s price to drop over 6%, from $90,400 to $84,979. “The knee-jerk reaction lower likely stems from the realization that no actual budget has been allocated for BTC purchases in the near term,” QCP Capital shared in a recent note.

However, it also noted that while this wasn’t the bullish catalyst as many expected, it’s still positive for crypto. The risk of random Silkroad BTC sales disrupting the market is gone, and the U.S. government has reaffirmed its commitment to a long-term crypto strategy, it noted.

An analyst expressed surprise, saying that in his 8 years with Bitcoin, he never saw the price action so out of sync with the news. This week was one of the most bullish in Bitcoin’s history, yet the market is facing decline. 

What is Causing The Drop?

Several factors are behind Bitcoin’s recent price drop. Macroeconomic issues, like new tariffs from the US, have sparked sell-offs in Bitcoin and other cryptocurrencies. Besides, the release of the non-farm payrolls (NFP) report on Friday suggests that the Federal Reserve might tighten monetary policy, which could hurt Bitcoin’s price.

Experts noted that while the executive order for a Strategic Bitcoin Reserve and the Crypto Summit were positive, the lack of concrete policies might have cooled investor enthusiasm. Besides, Bitcoin’s decline is also dragging altcoins down, with ETH, XRP, and BNB losing over 6%, 6% and 4% respectively in the last 24 hours. 

The post Why Is Bitcoin Crashing Today? appeared first on Coinpedia Fintech News
Bitcoin’s price has left many investors confused after it dropped below $84,000. Despite strong bullish factors over the past week, its recent price movement is far from the high expectations set by analysts following the announcement of the Strategic Bitcoin Reserve. Bitcoin Drops Over 6% Bitcoin is currently trading at $80,909, down over 6% in …