CryptoNews🚀🔥V

⚡️ LATEST: Ethereum devs prepare final Pectra test on the new Hoodi testnet after unexpected issues on Holesky and Sepolia.

If successful, mainnet launch could happen by April 25.

Follow @NftKamisama for more updates! ✅

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The harsh reality of this market?

Most altcoins are down 80–90%, and many won’t ever recover. Some are already dead — silent charts, forgotten teams, and broken promises.
It’s a brutal reminder: Not all coins are built to survive.

But Bitcoin?
It’s not just another coin — it’s the foundation. Battle-tested, decentralized, and still standing after every crash, every cycle.

So the question is…
Are you still chasing hype? Or have you started stacking what truly matters?

$BTC

$ETH

$SOL

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🚨 JUST IN: Sam Bankman-Fried has been transferred to a federal transit facility in Oklahoma City after an unauthorized jailhouse interview with Tucker Carlson.

He claimed his sentencing was a mistake and insisted FTX could’ve held $100B in assets against $15B in liabilities if not for its collapse.

Follow @NftKamisama for more updates! 🔥

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The highly anticipated launch of the Wyoming stablecoin might happen in the early phase of this year’s second half. 
Mark Gordon, the Governor of Wyoming, confirmed this during a speech at the DC Blockchain Summit. He said the Wyoming stablecoin (WYST) might go live in July following a rigorous testing phase across seven blockchains. They include Solana, Ethereum, Avalanche, Polygon, Optimism, Arbitrum, and Base. 
Once they finalize testing, WYST might launch on the mainnet version of the aforementioned blockchains in the coming months. With Gordon announcing the potential launch date of WYST, the Wyoming Stable Token Commission unveiled LayerZero as the stablecoin’s development and distribution partner. 
The governor referred to WYST as the first fiat-backed stablecoin from a public entity in the U.S. WYST’s launch could set a precedent for other U.S. states that might be eyeing a similar move. 

Wyoming Stablecoin Initiative 

Wyoming first proposed the stablecoin in February 2022 through a state-backed bill, the Wyoming Stable Token Act. Interestingly, the state’s Senate supported the bill’s passage, which was later signed into law in March 2023. 
Afterward, Wyoming recruited top executives and officers to develop the stablecoin, with Gordon suggesting a potential launch window of Q1 2025. 
Notably, the state was only able to roll out the test version of the stablecoin on seven blockchains in the first quarter of the year. It expects the mainnet launch to happen by July 2025. 

WYST Features 

WYST is a stablecoin pegged to the U.S. dollar at a 1:1 ratio. It will be backed by cash equivalents, repurchase agreements, and U.S. Treasuries upon its launch. 
Anthony Apollo, the Executive Director of the Wyoming Stable Token Commission, expects WYST to enable users to facilitate near-instant transactions with relatively low fees. 

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🚨 BREAKING: The SEC and Ripple have agreed to drop their remaining appeals, with Ripple recovering $75M from escrow and the SEC keeping $50M, marking a likely final resolution to the long-running case.
Follow @NftKamisama for more updates!
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President Donald Trump is set to make a major crypto policy announcement, according to reports from Crypto in America host Eleanor Terrett.
Specifically, Trump is expected to disclose his U.S. crypto policy next steps in an address at Blockworks‘ Digital Asset Summit in New York.

What to Expect from Trump Crypto Speech

On Wednesday, Blockworks confirmed that Trump would address summit attendees via a recorded message at 10:40 a.m. ET on Thursday, March 20. This will make him the first sitting U.S. president to address a crypto conference.
However, the specifics of the president’s planned address remain sparse. 
Since becoming president, Trump has repeatedly asserted that he wants the U.S. to be the leader in crypto. To this end, he has already signed two crypto executive orders. One established a crypto working group to get the ball rolling on regulations, and another to establish a strategic Bitcoin reserve and digital asset stockpile. 
Meanwhile, recent reports suggest that the president may be considering yet another executive order. This time, the order will address so-called crypto de-banking, which refers to hurdles the crypto industry has faced accessing banking services.
Trump’s Digital Asset Summit address follows the appearance of Bo Hines, the Executive Director of the White House’s President’s Council of Advisers on Digital Assets, at the event. 
At the event on Tuesday, March 18, Hines reaffirmed the Trump administration’s desire to amass Bitcoin for its recently announced reserve, stating that the government wanted as much Bitcoin as it could get.
While Trump is set to become the first sitting president to address a crypto conference, it is not his first time addressing one. In July 2024, he spoke at the 2024 Bitcoin conference while on the campaign trail. It was at this conference that he first disclosed his Bitcoin reserve plans.

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#Solana is in freefall with a potential crash below $100 as network activity declines. Could this lead to the SOL price testing of $60?
Amid the broader market uncertainty, Solana’s price trend has maintained its downward trajectory. With an intraday pullback of 3.07%, Solana is currently trading at $124.
Additionally, declining conditions on the Solana network raise concerns about a more severe correction in SOL prices. Will this cause the price to break the $100 psychological mark?

Declining Solana Prices Warn $100 Breakdown

On the daily chart, SOL’s price trend is under strong bearish pressure. Since its all-time high of $295, Solana has experienced a nearly 60% drop.
The pullback phase has now extended over 60 days, and the bearish trend suggests a high likelihood of SOL crashing below the $100 psychological level.
A recovery attempt last week from a swing low of $112 saw the price peak at $137 on Sunday. However, this week has brought a fresh wave of bearish momentum. As a result, SOL is likely to create another lower low and test the S1 pivot support level at $104.30.
With the bearish trend gaining momentum, the $100 psychological support level is at risk of breaking down. In this scenario, the S2 pivot support level at $60 becomes the primary bearish target, indicating a downside potential of nearly 50%.
Nevertheless, a bullish divergence in the MACD and the positive crossover between the MACD and signal lines offers a glimmer of hope. This could suggest a potential recovery if the broader market stabilizes.
If that happens, the center pivot level at $169.20 may serve as the next immediate price target.
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#Bitcoin remains below the $100,000 level and struggles to sustain a position above the $95,000 support level. With a bearish closing on Sunday, the intraday uncertainty in Bitcoin might lead to a bearish conclusion if the institutional support fails to resurface. 

Bitcoin Price Analysis

With a 2.17% drop on Sunday, Bitcoin concluded the last week on a bearish note. Starting from the quick reversal from its recent all-time high of $108,364, BTC’s price dropped nearly 9% last week. 
This resulted in a massive bearish engulfing candle, undermining the recovery run over the past two weeks. BTC’s price has created a low of $92,118, testing the 50-day EMA line. 
Currently, BTC sustains above the $94,000 support level, avoiding a bearish closing below it. At press time, BTC is trading at a price of $94,884, with a minor growth of 0.33%. 
Creating a doji candle at a crucial support level increases BTC’s chances of a comeback. The potential turnaround moments could create a morning star pattern with a recovery on Tuesday. 
However, the RSI line dropping under the halfway level warns of an underlying weakness. 
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Following the latest #Shiba Inu dump from a significant resistance, analysis shows the next demand zone the asset must hold for a price rebound.
The broader crypto market saw substantial downsides in the past 24 hours, catalyzed by Bitcoin’s brief fall to $94,000. Shiba Inu was not excluded from the capitulation, with the asset falling over 10% from its price in the past day.
In today’s news on Shiba Inu, a report shows that Shiba Inu’s slump was from a strong resistance area. Crypto Basic reported that the meme coin corrected from a multi-month supply zone around the $0.00003343 price mark, which an analyst showed was its 0.618 Fibonacci extension level.
Data from IntoTheBlock shows that the resistance level features 153,110 addresses holding 28 trillion SHIB at an average price of $0.000032. The supply from the price level proved insurmountable for Shiba Inu, spurring an over 10% correction.

Shiba Inu Approaching Key Support Level

Meanwhile, further analysis has shown the next major support area for Shiba Inu if the downtrend persists. Per data from IntoTheBlock, the price level is at $0.000022, where a large number of addresses hold a substantial amount of Shiba Inu, which is the token’s next local demand zone.
The analysis shows that 107,920 wallet addresses bought Shiba Inu between $0.000019 and $0.000024, with the average price converging at $0.000022. Notably, the addresses hold 119.55 trillion SHIB, which could be a strong buffer for further downward momentum.
Meanwhile, Shiba Inu trades at $0.00002687 and is still over 22% away from the primary support area. Notably, a sustained trade around the current price level could see the meme coin retest the failed resistance zone at $0.000032.
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#FTX approaches the end of its bankruptcy process as it unveils a new date for $16 billion reimbursement to creditors.
The FTX bankruptcy estate announced the development in a recent press release, noting that the court-approved Chapter 11 reorganization plan will take effect on January 3, 2025. Per the announcement, January 3 will also serve as the initial distribution record date for holders within the plan’s Convenience Classes.
Notably, FTX will commence initial repayment within 60 days of the effective date. In preparation for the distribution, FTX agreed with two prominent crypto exchanges, Kraken and BitGo. These trading platforms will oversee the distribution of the funds to eligible customers.

Preparation for Repayment 

The announcement provided a guide on how customers and creditors will be eligible for the initial distribution. This includes completing a mandatory know-your-customer (KYC) verification process on the FTX Claims platform and submitting the necessary tax forms. 
Afterward, these users must onboard to BitGo or Kraken before the January 3 effective date. Upon completing these requirements, FTX will commence the initial distribution within 60 days of the effective date of the court-approved reorganization plan. 
The initial repayment will focus on creditors with claims under $50,000. Notably, these customers account for around 90% of all eligible creditors in FTX bankruptcy proceedings. 
The system groups them under the Convenience Classes. After the initial distribution, FTX will announce separate records and payment dates for other classes in the future. 
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World Liberty Financial, a decentralized finance (DeFi) initiative linked to Donald Trump, is evaluating establishing a strategic digital asset reserve. 
Co-founder Chase Herro disclosed this initiative during the Ondo Finance Summit in New York. The revelation follows the platform’s recent acquisition of ONDO tokens. 
However, Herro did not specify the intended purpose of the reserve. This development aligns with Trump’s recent executive directive, which calls for assessing the feasibility of creating a digital asset stockpile.

Significant Token Acquisitions

World Liberty Financial has ramped up its token purchases, including a $470,000 #ONDO‬⁩ acquisition on the same day as the Ondo Finance Summit. Moreover, the platform recently obtained tens of millions of dollars in Ethereum following a cryptocurrency market downturn linked to temporary U.S. tariff measures on Mexico and Canada.
While World Liberty Financial is branded as a DeFi lending platform, it has yet to launch operational services and remains largely focused on acquiring digital assets.
At the Jazz Lincoln Center venue, Donald Trump Jr. underscored the Trump administration’s dedication to the digital asset industry. He interacted with attendees eager to learn about World Liberty Financial’s direction.
He was introduced by the project’s co-founders, including Zak Folkman and Zach Witkoff. Notably, Witkoff is the son of Steve Witkoff, a longtime Trump associate recently appointed as the administration’s Middle East envoy.

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