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Meme coins had a mixed week, with BRETT seeing modest gains, TRUMP holding steady above key support, and GOAT struggling near its all-time low. Market conditions remain volatile.
Trump's Crypto Summit underwhelmed with empty promises and excessive praise from industry executives. The event left the crypto space frustrated and Bitcoin’s price falling.
Bitcoin’s ETF launch mirrors QQQ’s 54-week peak, signaling a potential market shift. Liquidity drain from memecoins and ETFs is consolidating capital back into Bitcoin. Left-translated cycle could trigger a sharp BTC decline and prolonged bearish trends.
Avalanche’s leadership shift may impact investor confidence and ecosystem stability. AVAX price struggles with bearish trends but nears potential reversal signals. Breakout could push AVAX to $43.84, while failure may lead to extended declines.
Over $142 million in token unlocks will happen between March 10 and 16. Aptos ($40.5M) and Arbitrum ($37.4M) lead in total value, while CONX unlocks 113% of its circulating supply. Unlocks for founders, teams, and private investors could impact token prices.
Brad Garlinghouse highlights key discussions at the White House Crypto Summit and CFTC CEO Roundtable. The administration prioritizes regulatory clarity, a BTC reserve, and stablecoin innovation. Garlinghouse urges industry unity, rejecting infighting and maximalist rhetoric.
Trump announces U.S. Bitcoin reserve, funded by seized assets, no taxpayer money. Trump vows to dismantle “Operation Chokepoint 2.0” and support crypto businesses. U.S. plans to establish a crypto stockpile with potential for Ethereum and Solana.
The US government is working to achieve a new crypto regulation. Coinbase’s CEO thinks that President Trump’s actions are historic. Crypto lawyers think Trump’s crypto regulation efforts are steps in the right direction.
- 21:28Solana's SIMD-228 upgrade programme now approvedA quorum has been reached with 71.85% voting in favour of Solana's SIMD-228 Upgrade Proposal, which would reduce SOL inflation by 80%, and which will remain on the ballot until the end of epoch-755, has now passed.
- 20:28US SEC Delays Grey Spot DOGE ETF ResolutionGolden Financial reported that the U.S. Securities and Exchange Commission (SEC) announced the postponement of the grey spot DOGE ETF resolution, according to market news.
- 20:27S&P 500, Dow recover some lost ground, Nasdaq turns higherThe S&P 500, Dow regained some lost ground and the Nasdaq turned higher after Ukraine agreed to a 30-day ceasefire with Russia.