In what’s shaping up to be one of the most-watched moments of TOKEN2049 Dubai, TRON founder Justin Sun and Eric Trump are stepping into the spotlight today for a fireside chat that could have serious implications for crypto’s global trajectory.
With Trump now back in the White House and Sun eyeing deeper expansion into the U.S., the timing couldn’t be more significant.
And let’s be honest – when a major crypto mogul teams up with the son of a sitting U.S. president at one of the biggest blockchain events of the year, it’s hard not to wonder: what exactly are they planning? Is this just talk, or are we looking at the early moves of a major shift in crypto and politics?
Let’s break down what’s really going on.
Blockchain, Power Moves, and What’s on the Table
Joining them on stage is Zach Witkoff, co-founder of World Liberty Financial (WLFI)—the Trump-affiliated blockchain initiative that’s been gaining traction lately.
The trio is expected to cover everything from blockchain’s role in reshaping global finance to the rising momentum behind politically aligned digital assets. Sun hinted that the conversation could pave the way for “deeper cooperation,” suggesting both strategic and symbolic outcomes.
The discussion also comes at a time when TRON has filed for a U.S.-based TRX ETF, and Sun has praised the Trump administration’s more proactive stance on crypto regulation – calling 2025 a “pivotal year” for TRON’s presence in the American market.
Inside TOKEN2049 Dubai
This year’s TOKEN2049 Dubai has attracted major industry names, offering a space that feels more like a high-stakes think tank than a typical conference. It’s a place where decisions are made, partnerships forged, and the industry’s direction is debated.
The conference’s relaxed atmosphere – with bean bags lined up on the main stage and lunch breaks that encourage casual networking – adds to the unique vibe.
The @Token2049 has bean bags lined up on both sides of main stage room. They just served lunch too = nap time for some of them pic.twitter.com/Ab6HcUJ7fR
But don’t be fooled; even the laid-back setting is charged with the energy of a group that’s ready to transform the crypto space. Expect today’s chat to dive deep into those very themes – blockchain, finance, and global influence. I can hardly wait.
The Sun-Trump Link: Is There More to Unpack?
If this pairing feels familiar, it’s because it is.
Sun has already poured $75 million into WLFI – where Donald Trump is dubbed “Chief Crypto Advocate” and Barron Trump is charmingly (or strategically) titled “DeFi Visionary.”
With the SEC hitting pause on its civil fraud case against Sun, the timing of this reunion is… let’s just say, curious.
When politics and crypto collide at this level, people pay attention. We’ll keep you updated right here on Coinpedia!
Is there more Bitcoin in the market than there should be? That’s the latest debate heating up crypto circles.
Bitcoin pioneer Adam Back stepped in this week to shut down growing claims of “paper Bitcoin” but not everyone is buying his take.
Read on to know what the buzz is all about.
What’s Paper Bitcoin Anyway?
The term “paper Bitcoin” refers to Bitcoin that isn’t backed by actual BTC on the blockchain. Think futures, synthetic assets, or contracts that promise exposure to Bitcoin without ever holding the real thing.
Some in the community believe this “fake” BTC is flooding the market and that it’s one reason Bitcoin’s price hasn’t broken higher, despite strong institutional demand.
Adam Back: “They’re Taking Delivery”
Adam Back, the cypherpunk behind Hashcash and a key figure in Bitcoin’s early history, isn’t convinced.
Taking to social media, he said the idea of paper Bitcoin is overblown especially when large buyers are actually holding their BTC.
“Billions of btc buying price stuck in $100-110k ‘must be paper bitcoin selling’ here’s another paper debunk. The guys buying big ticket amounts of btc are taking delivery: storing with custodians.”
$billions of btc buying price stuck in $100-110k “must be paper bitcoin selling” here’s another paper debunk. the guys buying big ticket amounts of btc are taking delivery: storing with custodians. i know a lot of retail are leaving on exchange, but hard to hide that much paper.
He added that hiding that much extra Bitcoin simply isn’t realistic. If billions of fake BTC were out there, we’d see signs of it.
Not Everyone Agrees
Lawrence Lepard, an investment manager and author, fired back saying the data tells a different story. He pointed to large futures positions as proof that paper Bitcoin does exist.
“It is not hidden. Binance shows $12b of perpetual futures outstanding and worldwide ChatGPT says $30B. That is a lot of paper Bitcoin and that figure has grown rapidly (I monitor it),” Lepard said.
According to him, these numbers represent synthetic BTC that’s impacting the market without ever touching the blockchain.
Yes Adam, but it is not hidden. Binance shows $12b of perpetual futures outstanding and worldwide ChatGPT says $30B. That is a lot of paper Bitcoin and that figure has grown rapidly (I monitor it).
— Lawrence Lepard, “fix the money, fix the world” (@LawrenceLepard) June 28, 2025
Why This Debate Matters
This argument is about how Bitcoin’s price is being shaped in real time. If the market is full of paper Bitcoin, it could be muting real demand. If not, then something else is keeping the price in check.
For now, the community remains split. But as Bitcoin continues to hover near key levels, questions around what’s real and what’s not aren’t going away anytime soon.
The post Adam Back Shuts Down Paper Bitcoin Controversy appeared first on Coinpedia Fintech News
Is there more Bitcoin in the market than there should be? That’s the latest debate heating up crypto circles. Bitcoin pioneer Adam Back stepped in this week to shut down growing claims of “paper Bitcoin” but not everyone is buying his take. Read on to know what the buzz is all about. What’s Paper Bitcoin …
DeFi Development Corp follows a similar approach to SOL Strategy to issue debt securities to purchase more SOL coins.
SOL price has hinted at a potential parabolic rally in the coming months bolstered by institutional tailwind.
DeFi Development Corp. (NASDAQ: DEFI), a Florida-based blockchain and DeFi-focused company, filed a Form S-3 registration statement with the United States Securities and Exchange Commission (SEC) on April 25, to offer up to $1 billion in securities. According to the SEC filing, DeFi Development Corp intends to register up to 1,244,471 shares of common stock for potential resale by existing stockholders.
“We may sell any combination of these securities in one or more offerings, at prices and on terms to be determined prior to the time of the offering, with an aggregate offering price of up to $1,000,000,000,” the filing noted.
The company noted that the proceeds from the intended offering will be used for general corporate purposes, including the acquisition of Solana (SOL).
Market Impact of DeFi Development Corp’s Move
The strategic move by DeFi Development Corp to raise $1 billion, under the Donald Trump administration, will have a far-reaching influence on the wider crypto market. Furthermore, the validation of the crypto market by institutional investors has helped increase liquidity and enabled ongoing mainstream adoption of digital assets and web3 technology.
The Solana network stands to benefit most from the DeFi Development Corp’s deal. As Coinpedia reported, SOL Strategies intends to raise up to $500 million to purchase more Solana coins in the near term.
Consequently, SOL price will likely continue with bullish sentiment in the coming months, especially if the highly anticipated altseason kickstarts. Moreover, the Solana network has recorded a sharp uptick in cash inflows in the past few months, led by stablecoins such as Circle’s USDC.
The post DeFi Development Corp Files Form S-3 With U.S. SEC to Raise $1B To Purchase Solana (SOL) appeared first on Coinpedia Fintech News
DeFi Development Corp follows a similar approach to SOL Strategy to issue debt securities to purchase more SOL coins. SOL price has hinted at a potential parabolic rally in the coming months bolstered by institutional tailwind. DeFi Development Corp. (NASDAQ: DEFI), a Florida-based blockchain and DeFi-focused company, filed a Form S-3 registration statement with the …
Bitcoin price rallied 10% as Trump hinted at a tariff rollback, boosting risk appetite. However, market uncertainty persists, as analyst spots patterns similar to 2019’s US trade war impact.
Bitcoin (BTC) Rally Restarts as Trump Hints at Tariff U-Turn
Bitcoin (BTC) volatility persisted on Wednesday as traders reacted to fresh developments in U.S. trade policy.
Since President Donald Trump announced the creation of a Crypto Strategic Reserve on Sunday, March 2, BTC has traded within 10% ranges for three consecutive days.
After surging 11% following the strategic reserve announcement, Bitcoin’s rally was abruptly halted when Trump confirmed a 25% import tariff on Canada and Mexico, triggering a sharp 15% sell-off on Monday. However, the market took another dramatic turn on Wednesday.
Late Tuesday, U.S. Secretary of Commerce Howard Lutnick stated that President Trump will “probably” reach a compromise with Canada and Mexico in the coming days. Traders responded swiftly, piling into buy orders on optimism that an anticipated tariff rollback could ease economic uncertainty, bolstering risk assets like Bitcoin.
Bitcoin (BTC) Price Action, March 5
Within 12 hours of Lutnick’s statement, BTC surged 10%, rallying from its weekly low of $81,400 recorded on Tuesday to reclaim levels above $91,500 by mid-day in U.S. trading. If bullish momentum holds, a close above $90,000 could reinforce a broader breakout attempt, setting the stage for Bitcoin to target new highs.
Lance Roberts flags Trade war reactions exerting bearish pressure on BTC price action
On Wednesday, BTC price reclaimed territories above the $91,500 level as markets reacted to speculations that US President Donald Trump could ease tariffs imposed on Canada and Mexico.
Bitcoin analyst Lance Roberts published charts showing how US Trade policy has impacted financial markets in recent weeks.
“Trade War 1 vs Trade War 2.
So far, the #market is tracing out Trump’s first trade war fairly closely. While no two markets are ever the same, it is worth noting that even though markets declined, they also rallied. The point here is to ignore media headlines and focus on your portfolio.”
Diving into the chart he posted, Lance Roberts’ chart draws a striking parallel between the S&P 500’s performance during the 2019 trade war and its 2025 trajectory, illustrating how historical market reactions to U.S. trade tensions could be playing out again.
S&P 500 Futures Price Action: 2025 YTD vs. 2019 Trade War | Source: https://x.com/LanceRoberts
In 2019, the market initially rallied before experiencing volatility tied to major trade-related developments.
One key moment highlighted in the chart is when former President Trump called off 25% tariffs on Mexico, triggering a strong rally.
Later, news of Trump-Xi trade deal talks fueled further gains, reinforcing the notion of a “Trump put”—the market’s expectation that
Trump would eventually ease trade tensions to support equities. This de facto put acted as a backstop, preventing prolonged downturns despite interim sell-offs. So far in 2025, the S&P 500 has followed a similar script, with a strong start before recent weakness, aligning with the early phases of the 2019 pattern.
This suggests that while the market is experiencing turbulence amid trade concerns, a potential bullish pivot could occur if Trump signals a shift in policy, just as it did in 2019. If history rhymes, Bitcoin could benefit as a risk asset.
BTC Price Outlook on US Trade War
However, the bearish case remains compelling. Unlike in 2019, today’s market is contending with structurally higher interest rates, which could dampen any relief rallies. Additionally, the Federal Reserve’s policy stance is less accommodative, meaning liquidity injections that cushioned past downturns may not materialize.
Ultimately, whether the 2019 pattern continues to play out in full will depend on the next moves from policymakers.
If trade tensions escalate further without policy relief and risk appetite deteriorates, BTC’s recent gains may prove short-lived, exposing the market to deeper corrections.
Conversely, if Trump eases the tariffs this week, both S&P 500 equities and Bitcoin price could be poised for another leg higher. In this case BTC price could hit new all-time highs near $120,000 once US Treasury begins buying BTC and other assets included in the crypto strategic reserve bucket.
Bitcoin Technical Analysis Today: Close above $90,000 could spark support $100K breakout prospects
Technical indicators on the 12-hour Bitcoin price forecast chart below suggest a close above the $90,000 could confirm a bullish shift in market momentum, especially if Trump officially rolls back the tariffs as widely anticipated.
BTC price has rebounded sharply, gaining 11.46% over the past 24 hours, signaling a resurgence in buyer confidence. The bullish momentum coincides with Bitcoin breaking out of the lower Keltner Channel (KC) boundary, historically a precursor to sustained rallies.
A confirmed move past $90,000 could see the upper KC boundary at $97,487 tested, with $100,000 becoming a psychological magnet if bullish momentum persists.
Bitcoin Price Forecast (BTCUSD) | March 5
However, the Parabolic SAR remains positioned above price action, indicating that downward pressure has yet to be fully negated.
A failure to hold above $88,000 support could see a retracement toward the mid-KC line at $80,210, where buyers may attempt to reestablish control.
Meanwhile, the Bull-Bear Power (BBP) has flipped positive after a prolonged period in the red, reinforcing short-term bullish sentiment.
If BBP sustains its uptrend, further upside pressure could validate the bullish thesis. On the contrary, a sudden reversal in BBP, coupled with rejection at $90,000, might expose Bitcoin to another wave of selling.
