The cryptocurrency sector, often unified in its push against traditional financial systems, is facing a deepening rift over President Donald Trump's proposal to create a U.S. strategic reserve of digital assets. What Happened: Unveiled in early March, the plan as ignited fierce debate over its implications for fiscal responsibility, economic equity, and the very ethos of the crypto movement.
The XRP price has retraced and lost the gains it recorded from its Sunday rally following Trump's announcement that the crypto would be included in the crypto strategic reserve. Following this price correction, crypto analyst Trade City has key support levels that could determine XRP's future trajectory.
President Donald Trump sparked a crypto firestorm on Sunday after his posts on the Truth Social platform referenced a U.S. crypto reserve for the world's biggest economy.
March appears promising for Bitcoin and the broader cryptocurrency market, as a handful of bullish events and historic market patterns are expected to occur in the coming weeks.
As crypto bears turn sour, can XRP's price find its foot despite the market falling into a psychological pitfall?
XRP is at a pivotal moment, with two potential outcomes.
Both cryptocurrency markets and investors show increasing interest in DeFi projects because of their ongoing substantial changes. DeFi token DTX Exchange has received growing interest because its funding round managed to exceed $15.5 million. The token shows more promising prospects than traditional coins like XRP from Ripple according to market analysis.
The XRP network is showing alarming signs of a potential sell-off, with on-chain activity plummeting to dangerously low levels. As traders grow concerned about XRP's weakening fundamentals, many are choosing to offload their holdings and search for better investment opportunities.
Multiple crypto lawyers have theories regarding the U.S. Securities and Exchange Commission's (SEC) ongoing case against the payments firm Ripple. The SEC has dropped several big-name crypto enforcement actions this year, including lawsuits against Coinbase, Kraken, MetaMask and investigations into Robinhood and OpenSea.
Real Vision Founder and CEO Raoul Pal on Tuesday forecasted that the current cryptocurrency bull market cycle, initially expected to peak in 2025, may extend into 2026 due to a prolonged business cycle. What Happened: Pal addressed the chaotic market conditions, providing reassurance to crypto investors navigating sharp volatility and outlining why he believes the cycle's expansion aligns with broader economic indicators.
FTX and Alameda unstaked 3.03M SOL worth $431M, distributing them to 37 wallets. This is their largest unstaking since November 2023, part of an 11.2M SOL unlock plan.
Cardano (ADA) is down 6.5% today and 19.7% in the past 24 hours but has managed to keep some of the gains it experienced after Trump included the token in his proposed list for a U.S. digital asset stockpile.
SafeMoon spiked nearly 57% today as the project's token migration to Solana is nearing completion. The developers have been burning huge quantities of SFM tokens and announced a gradual airdrop.
Hamster Network is processing 34,028 transactions per second, positioning itself among the fastest blockchain platforms.
Cardano price is facing bearish pressure, a day after it soared by over 50% following its inclusion in US Strategic Reserves. It has crashed below $1 and erased over $11 billion in value in the last two days.
Anza, the Solana-focused software development firm in charge of the Agave client, has released its roadmap for 2025. The main focus is to make Solana a faster and more effective network, aiming to reach the 1 million transactions per second (TPS) mark in the future.
Following the announcement of a strategic crypto stockpile containing altcoins, several cabinet members of the Trump administration have drawn scrutiny for their crypto holdings. What Happened: In an X post on Tuesday, market commentator ‘The Pelosi Tracker' noted that Trump's proposed crypto strategic reserve has sparked debate, as several of his cabinet members hold substantial crypto assets.
XRP has erased nearly all of yesterday's gains after Donald Trump's announcement of new tariffs triggered a broad sell-off in global markets.The token had surged 40% over the weekend on speculation that it could be included in the U.S. strategic crypto reserve, but that momentum quickly reversed as risk assets tumbled.
Donald Trump's announcement on March 2 to include XRP in a U.S. strategic reserve alongside Solana and Cardano propelled the altcoin by +34% in 24 hours. A fleeting flash of glory: by the next day, the price retraced 50%, while on-chain data revealed a massive exit of institutional investors.
From calling it a rug pull to demands for a congressional investigation, the chaos is unmatched.
In the opening days of March, the cryptocurrency market experienced a significant degree of volatility.
Another wave of pain has hit crypto traders. China just slapped tariffs on U.S. agricultural goods, worth nearly $22 billion.
The price of Solana has dived by 14% in the past 24 hours, falling to $136 after Trump's crypto czar David Sacks confirmed that he has dumped all of his SOL. The post Trump's Crypto Czar Dumps All Bitcoin & Solana Holdings – Should You Be Worried? appeared first on Cryptonews.
Crypto prices dropped sharply on March 4, erasing $800 million from the market. The total market cap slipped below $3 trillion, settling at $2.77 trillion, a 9% decline.
Over the past four days, Ripple USD (RLUSD) has not been minted at the stablecoin treasury. Ripple Stablecoin Tracker data shows the payment platform last minted 2,500,000 RLUSD on Feb. 28 at its treasury.
FTX and Alameda Research have unstaked and distributed over 3 million Solana (SOL) tokens, their largest SOL unlock since November 2023. This move has sparked concerns about potential market implications as the defunct firms continue to liquidate their assets. The post FTX and Alameda Wallets Unstake 3 Million Solana Tokens: What's Going On? appeared first on Cryptonews.
XRP's inclusion in the crypto strategic reserve is looked at as a monumental step that could bolster the strength of the platform. With this, the price of XRP triggered a massive upswing and cleared a couple of resistance zones at $2.27 and $2.89.
Whale activity, daily address growth, and derivatives data point toward a possible XRP price rally.
Sacks' divestment highlights potential conflicts of interest and raises questions about transparency in government crypto initiatives. The post Trump's crypto czar David Sacks confirms divesting from Solana backer Multicoin appeared first on Crypto Briefing.
Digital asset prices remained stagnant despite renewed interest in altcoins. This month, many institutional and retail traders sold holdings to recover previous positions.
The crypto world is on edge as wallets linked to bankrupt exchange FTX and its trading firm Alameda Research just unstaked over 3 million Solana (SOL). This is the biggest SOL unlock since they started selling off assets in November 2023. With SOL already dropping 20% in the last 24 hours, panic is spreading.
The legal tussle dates back to December 2020 and is among the most intriguing topics in the crypto space.
Ripple's XRP has seen a steep decline, losing over 18% of its value and dropping to $2.30. This sharp drop comes amidst a broader market sell-off, triggered by a brief rally that saw Bitcoin surge to $95,000.
Despite the bloodbath that took place on the "streets" of the crypto market, it seems that this local bear market is far from over. At least that is what the Bollinger Bands for the third largest cryptocurrency, XRP, indicate.
The cryptocurrency market experienced a significant rally over the weekend, sparked by President Donald Trump's announcement regarding the inclusion of three additional digital assets—Solana (SOL), XRP, and Cardano (ADA)—in a future national “Crypto Strategic Reserve.” This news provided a much-needed respite for the market, which had been grappling with a downturn due to a series of challenges, including a memecoin debacle, a major hack, and ongoing tariff uncertainties.
The crypto market fell back into the red as its market capitalization dropped nearly 11% to $2.75 trillion, erasing all the gains made on Sunday after President Donald Trump's crypto reserve announcement. Sunday's rally began fading on Monday, with Bitcoin (BTC) and other altcoins sliding back to pre-weekend levels.
Cardano witnessed a 60% price surge over the weekend, climbing above $1 on Sunday. The rise came after US President Donald Trump announced his administration's plan to establish a reserve of digital assets, which included ADA.
Since President Trump confirmed plans for a US crypto reserve, speculation has been rampant about which assets will be included. While Bitcoin is expected to dominate, many believe that altcoins like XRP, Solana, Ethereum, and Cardano could also be part of the reserve.
Solana (SOL) has been outperforming Ethereum (ETH) in terms of price performance. For instance, while Solana reached an all-time high in January 2025, Ethereum's last peak was in 2021.
Trump's announcement of a strategic crypto reserve, along with a reduction in leverage from Feb. liquidations, may lead to a more sustainable rally in top altcoins, with ADA likely seeing the biggest pump.
The price of Solana declined for the second successive day on Tuesday, mirroring the wider crypto market slump. The decline came despite US President Donald Trump's announcement that Solana would be included in a proposed strategic Federal cryptocurrency reserve.
XRP price was down about 12% today, wiping off the recent gains it had after Donald Trump's US Crypto Reserve announcement. Notably, Trump's close tie with the Ripple officials and his recent plan to include US-issued assets like XRP, SOL, and ADA, in the Strategic Reserve assets has fueled optimism.
Eric Trump's recent comments on the strategic crypto reserve announcement have sparked mixed reactions, with some praising him while others criticize the Trump family's involvement in the industry. What Happened: In an X post on Monday, Eric Trump expressed gratitude after popular crypto trader AltcoinGordon credited his late-February “buy the dips” advice when Bitcoin (CRYPTO: BTC) dropped below $90,000 on Feb. 25.
Most of these are covered calls, Deribit's Asia business development head said.
Michael Saylor, once a Bitcoin maximalist, now supports a multi-token crypto reserve, including XRP and Cardano. Critics argue that Bitcoin should remain the sole reserve asset, questioning the inclusion of altcoins.
Surprise addition to the United States Strategic Reserve turned out to be a double-edged sword for Solana's price.
The cryptocurrency market shows fast-changing price movements that forces investors to spend their time chasing next profitability opportunities among assets. The Cardano price jumped by 50% throughout a single day following news about Trump's crypto reserve although the hybrid platform DTX Exchange continues to gain strength.