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Peter Schiff has once again taken aim at Bitcoin (BTC) and its biggest corporate supporter, Strategy. In a recent post on X, formerly known as Twitter, the economist warned that the “biggest regret Strategy shareholders will have is not selling.” Peter Schiff Warns Strategy Shareholders of Looming Collapse Schiff, a longtime critic of Bitcoin, suggests
The post Peter Schiff Warns MSTR Shareholders As Strategy Doubles Down On Bitcoin appeared first on CoinGape.
Solana-based meme coin USELESS has surged more than 30% in the past 24 hours, emerging as one of the day’s top-performing digital assets.
The rally stands out as major meme assets like Dogecoin (DOGE) and Shiba Inu (SHIB) have posted losses despite the broader market upswing.
The recent rally in USELESS follows a string of major exchange listings this week. Yesterday, BeInCrypto reported that Coinbase confirmed the token’s addition in an official post on X (formerly Twitter), noting that trading would commence in line with its listing roadmap.
On the same day, Binance US and Kraken also announced that they had listed the meme coin, amplifying its visibility across the market.
With market excitement buzzing around these new listings, there has been an uptick in fresh liquidity for the token. The bullish crossover of its Moving Average Convergence Divergence (MACD) confirms this capital influx.
Readings from the USELESS/USD one-day chart show the token’s MACD line (blue) sitting on top of its signal line (orange) for the first time since July 17.
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The MACD indicator identifies trends and momentum in its price movement. It helps traders spot potential buy or sell signals through crossovers between the MACD and signal lines.
When it is set up this way, it signals a shift toward bullish momentum, suggesting that upward pressure is building in the USELESS market.
Further, the altcoin currently sits above its 20-day Exponential Moving Average (EMA), which forms dynamic support below it at $0.25.
An asset’s 20-day EMA tracks its average price over the past 20 trading days, giving weight to recent prices.
When the price climbs above this level, it indicates a shift towards a bullish trend. It means short-term price momentum is turning positive, with recent prices trading higher than the average price over the past 20 days.
At press time, the meme coin trades at $0.28. Sustained buying pressure could propel it toward the $0.34 mark.
However, if profit-taking sets in, the token may slip below $0.27 and look to establish support at its 20-day EMA. Failure to hold this level could see USELESS retreat further toward $0.22.
The post USELESS Defies Its Name: Meme Coin Soars 30% as DOGE, SHIB Falter appeared first on BeInCrypto.
Michael Saylor has flashed the tell-tale sign for an incoming Strategy Bitcoin purchase, keen on extending its holdings. Saylor’s buy signal comes amid a tense US-Iran crisis, threatening to send Bitcoin prices lower than $100K for the first time in well over a month. Michael Saylor Signals Fresh Bitcoin Purchase As tensions in the Middle
The post Michael Saylor Hints Bitcoin Purchase Despite US-Iran Conflict appeared first on CoinGape.
Smart Money wallets have been aggressively offloading TRUMP, BNKR, and PWEASE in the last seven days, raising red flags for these trending tokens. TRUMP has faced the heaviest pressure, with over $380,000 in net outflows, as its price remains stuck in a sharp downtrend.
BNKR, despite posting strong weekly gains, has also seen large traders liquidating their positions, signaling potential profit-taking. Meanwhile, PWEASE is experiencing similar bearish flows as larger wallets continue to trim exposure despite the recent buzz around the meme coin.
TRUMP has been under significant selling pressure, trading below $18 for the past 30 days, with its price declining by nearly 43% over that period.
This steep correction has coincided with notable smart money activity, as key wallets have been heavily exiting their positions. In the last seven days alone, smart money wallets sold $382,660 worth of TRUMP while only buying $1,240, resulting in a sharp net outflow of $381,420.
This imbalance suggests that larger, more informed investors are losing confidence in TRUMP’s short-term prospects, contributing to the downward momentum.
If this corrective trend persists, TRUMP could fall further and retest its next key support level, $9.54. Failure to hold this level may expose the asset to deeper losses.
However, if TRUMP manages to reverse its current bearish trend and regain bullish momentum, it could attempt to challenge resistance at $12.51.
A successful breakout above this level may open the door for a move towards $13.88. If buying pressure strengthens further, TRUMP could rally back up to $17.75, reclaiming levels closer to where it was trading before the recent downturn.
BNKR has surged by 19% over the past week, positioning itself as one of the top-performing AI coins and one of the most talked-about assets on the Base chain.
This recent rally has drawn significant attention, helping BNKR stand out in a competitive market. However, despite the price increase, smart money wallets have shown mixed behavior—while they purchased $75,700 worth of BNKR in the last seven days, they also offloaded $213,730, resulting in a net outflow of $138,000.
This suggests that although BNKR is trending, larger investors may be capitalizing on the recent rally to secure profits.
If this selling pressure persists, BNKR could lose its recent momentum and slip below key support levels at $0.00019 or even $0.00018, marking its lowest levels since mid-February.
On the other hand, if BNKR manages to reignite the bullish sentiment that fueled last week’s gains, it could retest resistance at $0.000225.
A breakout above this level could pave the way for a further move toward $0.000282, signaling a strong continuation of its upward trend.
PWEASE, a Solana meme coin satirizing US Vice President JD Vance, has been drawing attention amid volatile market conditions.
Over the past seven days, smart money wallets have shown a bearish stance. They purchased $166,720 worth of PWEASE but sold $291,000 in the same period, resulting in a net outflow of $124,320.
This suggests that while the token has gained some traction, larger investors are currently leaning towards reducing their exposure, adding selling pressure to the coin.
If this corrective trend continues, PWEASE could move lower and test the key support at $0.0125. If that level fails to hold, a deeper decline toward $0.0059 may follow.
However, should PWEASE manage to attract renewed buying interest and reverse the downtrend, it could push up to challenge resistance at $0.0295.
A breakout above this level could open the door for further upside toward $0.040, signaling a potential shift back to bullish momentum for the meme coin.
The post Top 3 Crypto Smart Money Wallets Are Selling Fast In March appeared first on BeInCrypto.