🔍 **Crypto Mining Update: February's Challenges**
- February saw a 22% dip in the market cap of 14 U.S.-listed bitcoin miners tracked by JPMorgan, as BTC prices and mining economics faced pressure.
- Miners with high-performance computing exposure felt the pinch after the DeepSeek AI announcement, raising concerns about data center demand.
- Revenue dropped, with miners earning $54,300 per EH/s on average, a 5% decrease from January.
- Network hashrate increased 3% to 810 EH/s, while mining difficulty rose 2%.
- Core Scientific led with a 9% decline, while Greenidge Generation saw a 36% drop.
💬 What do you think about the future of crypto mining? Share your thoughts below!
🚀 Exciting news from the blockchain world! Infrared, the first proof-of-liquidity (PoL) staking protocol on Berachain, has just secured $14 million in a Series A funding round led by Framework Ventures. This brings their total funding to $18.75 million, following earlier investments from Binance Labs and others.
- Berachain, a layer-1 blockchain, rewards users through a unique PoL consensus mechanism.
- Infrared offers liquid staking solutions for Berachain's BGT and BERA tokens, allowing users to earn additional yield with iBERA tokens.
What do you think about this innovative approach? Share your thoughts in the comments!
🌍 El Salvador's Bitcoin journey takes a new turn! The IMF has approved a $1.4 billion Extended Fund Facility (EFF) for the country, aiming to address economic imbalances and boost growth. However, this comes with a catch: restrictions on Bitcoin accumulation by the public sector.
- El Salvador holds over 6,081 BTC, valued at around $600 million.
- President Nayib Bukele recently added 19 BTC to the country's holdings.
- Bitcoin's role remains limited, with minimal use as a payment method.
What do you think about these developments? Share your thoughts in the comments!
🚀 Taurus, a leading cryptocurrency custody firm, is expanding into Turkey, partnering with Istanbul-based BankPozitif. This marks the first time a Turkish bank has adopted institutional-grade digital asset infrastructure.
- BankPozitif will utilize Taurus' custody tool and "EXPLORER" service, connecting to both public and permissioned blockchains.
- Turkey is seen as a promising market due to high crypto adoption rates, growing institutional interest, and supportive regulations.
- Economic challenges have driven many Turks to embrace crypto as a hedge against inflation.
What do you think about this move? Share your thoughts in the comments!
$LAYER /USDT – Potential Rebound Opportunity!🔥💯
LAYER is attempting a recovery after touching a low of $0.8505, now trading at $0.8801 with a +2.52% bounce. Despite today’s 11.25% drop, the asset has shown strength over the past 7 days (+26.40%), hinting at a possible short-term reversal.
Trade Setup
Entry: $0.87 - $0.89
Take Profit: $0.95
Stop Loss: $0.84
Market Outlook:
If LAYER holds above $0.87, buyers may push for $0.95 resistance. However, a failure to maintain support could result in another downward move.
Pro Tip: Monitor price action around $0.87. If momentum builds, scaling in cautiously can yield favorable risk-to-reward potential.
{spot}(LAYERUSDT)
#CZ'sTokenModelIdea #USTariffs #GPSonBinance
🚨 $ADA CRASHING – ENTER NOW! NEXT TARGET $0.75! 🚨
Cardano is facing a brutal sell-off, now trading at $0.8027, down -20.37% in the last 24 hours! The sharp rejection from $1.17 has triggered massive selling pressure, with ADA already testing a daily low of $0.7576. If this breakdown continues, the next key target is $0.75 - $0.68!
📉 Bearish Levels to Watch:
🔻 Immediate Support: $0.75 – A break below could drive ADA lower toward $0.68.
🔻 Next Bearish Target: $0.68 – If this fails, expect further downside to $0.60 or lower!
🚨 Book Profits or Short Again?
Traders who caught this dump should secure profits, while aggressive bears can re-enter shorts around $0.82 - $0.85, targeting $0.75 next. Any bounce toward $0.90 could present another short opportunity before ADA continues its decline.
#MarketPullback #USTariffs #BinanceAlphaAlert #Trump47thPresident #Write2Earn
{spot}(ADAUSDT)
Check previous Short Call ... $COMBO Exactly follow same pattern as I told you guys ..
🚨🔥 $COMBO /USDT COLLAPSE – SHORT TRADE SETUP WITH MAJOR TARGETS ..
$COMBO is experiencing a brutal sell-off, currently trading at $0.2020, after rejecting from its 24H high of $0.2981. The market is under heavy bearish pressure, and if $0.1997 support breaks, the next freefall targets are $0.1800 and $0.1500.
📉 Short Trade Setup:
💡 Entry: $0.2020
🎯 Targets: $0.1800 | $0.1500
🛑 Stop Loss: $0.2200
⚠️ Quick Tips:
🔍 COMBO is in a strong downtrend, favoring aggressive shorts.
📉 Break below $0.1997 could trigger a rapid decline toward $0.1500.
💰 Take profits at key levels to maximize gains and reduce risk.
#COMBOShortTrade #Write2Earn! #COMBO
$KAITO /USDT – Bullish Rebound in Progress!🔥💯
$KAITO is showing signs of a potential recovery after hitting a low of $1.4505, now trading at $1.4699 with a +1.11% bounce. Despite the 26.82% drop today, buyers are stepping in at key support levels, indicating a possible reversal.
Trade Setup
Entry: $1.46 - $1.48
Take Profit: $1.60
Stop Loss: $1.42
Market Outlook:
KAITO has faced strong selling pressure over the last 7 days (-18.20%), but this bounce could lead to a recovery if it holds above $1.45. A break above $1.50 could trigger a sharper move towards $1.60.
Pro Tip: If KAITO holds this support, expect a relief rally. However, confirmation above $1.50 is key for further upside.
{future}(KAITOUSDT)
#CZ'sTokenModelIdea #USTariffs #GPSonBinance
🚨 $XRP COLLAPSE – ENTER NOW! NEXT TARGET $2.10! 🚨
XRP is under heavy pressure, now trading at $2.29, down -14.50% in the past 24 hours! After a failed attempt to hold above $2.70, XRP has plunged, hitting a daily low of $2.21. If this bearish momentum persists, expect another drop toward $2.10 - $1.99!
📉 Bearish Levels to Watch:
🔻 Immediate Support: $2.21 – Losing this level could accelerate the decline to $2.10.
🔻 Next Bearish Target: $2.10 – If this breaks, XRP could slide toward $1.99 - $1.92!
🚨 Book Profits or Short Again?
Traders who caught this move should secure profits, while aggressive bears can re-enter shorts around $2.35 - $2.40, targeting $2.10 next. Any bounce toward $2.50 could provide another short opportunity before XRP resumes its downward spiral.
#USTariffs #MarketPullback #CZ'sTokenModelIdea #BinanceAlphaAlert #Write2Earn
{spot}(XRPUSDT)
$LTC /USDT – Bears in Control, Will $100 Hold?🔥💯
Litecoin (LTC) is trading at $100.16, down 15.46% in the past 24 hours. The price has seen a steady decline, breaking multiple support levels, with the 24h low at $98.92. The question remains—will $100 act as a psychological support, or is more downside ahead?
Trade Setup
Entry: $100 - $102
Take Profit: $94
Stop Loss: $105
Market Outlook:
LTC/USDT is down 18.66% in 7 days and 17.93% over the past 30 days, showing strong bearish momentum. If the selling pressure persists, we could see LTC test $94 or lower in the coming sessions.
Pro Tip: If $100 fails to hold, expect a sharper decline. Watch for a potential bounce, but trend favors shorts for now.
{future}(LTCUSDT)
#CZ'sTokenModelIdea #USTariffs #GPSonBinance
🚨 $SOL PLUNGING – ENTER NOW! NEXT TARGET $125! 🚨
Solana is taking a massive hit, now trading at $133.48, crashing -18.96% in just 24 hours! The brutal rejection from $165 triggered aggressive selling, pushing SOL to a daily low of $132.46. If this bearish momentum continues, the next key target lies at $125 - $121!
📉 Bearish Levels to Watch:
🔻 Immediate Support: $132 – A break below this level could send SOL tumbling toward $125.
🔻 Next Downside Target: $125 – If this level fails, expect a deep dive to $121 or lower.
🚨 Book Profits or Short Again?
Traders who caught this dump should secure profits, while aggressive bears can re-enter shorts around $135 - $140, aiming for the $125 target. Any relief bounce toward $145 could present another short opportunity before further downside unfolds.
#USTariffs #MarketPullback #CMEsolanaFutures #BinanceAlphaAlert #Write2Earn
{spot}(SOLUSDT)
🚀 SSV Network's latest proposal is shaking up the staking scene! They've pitched a new permissionless staking module for Lido, leveraging their Distributed Validator Technology (DVT) to add more node operators to Ethereum's Lido Staking Router.
- If approved, this would be Lido's first third-party module, boosting decentralization and staking security.
- Institutional interest in Ethereum staking is on the rise, especially with a potentially crypto-friendly regime on the horizon.
- SSV's DVT aims to reduce risks and improve performance, making Ethereum staking more resilient and accessible.
Looks like Ethereum's staking game is leveling up!
ION Mining, a prominent cloud mining platform, has launched a new free Bitcoin cloud mining service, aiming to simplify digital currency mining for users. This service eliminates traditional mining's hardware and technical barriers, offering potential daily earnings up to $108,000. The initiative has garnered significant attention within the industry.
The platform's approach reduces entry barriers by removing the need for expensive equipment and complex maintenance. Users can participate by simply registering an account, thus democratizing access to the Bitcoin ecosystem.
Security remains a priority, with ION Mining employing advanced blockchain technology and encryption measures to protect user assets. The company emphasizes transparency, allowing users to verify mining records and profit details.
As Bitcoin's popularity grows, cloud mining's appeal as a low-threshold, efficient method increases. ION Mining plans to enhance its technology and introduce more innovative products, reinforcing its position as a trusted industry leader.
Legendary Analyst II Capo Shares Five Altcoins That Offer Buying Opportunities Ahead of the White House Crypto Summit!
Bitcoin and altcoins are experiencing sharp declines due to the economic uncertainty brought on by Donald Trump's new tariffs.
At this point, while BTC and altcoins have given back all the gains experienced after Trump's weekend crypto reserve announcement, one of the experienced crypto analysts, il Capo Of Crypto, explained that he sees a potential buying opportunity for certain altcoins.
The summit, hosted by Donald Trump and tech entrepreneur David Sacks, will bring together cryptocurrency CEOs, prominent founders and regulators to discuss the next steps in the field of digital assets in the United States.
One of the most anticipated topics at the summit was the announcement of a 0% capital gains tax for cryptocurrencies issued in the US. According to il Capo, if this happens, US-based cryptocurrencies could benefit greatly in the short term.
"This latest drop looks like a bear trap. The tariff news was already priced in, now all that's needed is Trump's March 7 Crypto Summit, which is seen as a major boost.
There is a possibility of 0% capital gains tax for crypto issued in the US. If this happens, US-based projects could benefit greatly in the short term.
That's why I added a few more altcoins to my portfolio."
"NEAR Protocol ($NEAR ): A scalable blockchain with strong US ties and promising technical setup. However, it is currently down 14% from yesterday's peak.
Render ($RENDER ): A project focused on Al and 3D rendering with a strong US presence. It also has major support.
Constellation (DAG): A low-cap token with government connections could see increased demand. After seeing sustained downward pressure, DAG is charting a solid bullish pattern to break the $0.05 resistance. Low exposure as there is a low ceiling.
Ethena (ENA): A rising altcoin that is gaining attention due to its potential growth in the market.
Solana ($SOL ): Since Trump's Crypto Reserve includes Solana, I added a bit.
#Write2Earn
🚨🔥 $WIF /USDT BREAKDOWN – SHORT TRADE SIGNAL WITH BIG TARGETS ..
$WIF is crashing hard, currently at $0.570, after a brutal rejection from $0.768. With heavy sell pressure dominating, further declines look imminent. If $0.567 support breaks, expect a sharp slide to $0.500 and $0.420.
📉 Short Trade Setup:
💡 Entry: $0.570
🎯 Targets: $0.500 | $0.420
🛑 Stop Loss: $0.610
⚠️ Quick Tips:
🔍 WIF is in a clear downtrend, perfect for shorting opportunities.
📉 Below $0.567 could accelerate losses toward $0.420.
💰 Secure profits early and adjust stop-loss as targets are hit.
#WIFShortTrade #Write2Earn! #WIF
🚨 $ETH BEARISH DIVE: SHORT NOW – NEXT TARGET $1,940.
Ethereum is in freefall, now at $2,062, plummeting -13.18% in the past 24 hours! The breakdown below $2,200 has intensified selling pressure, with ETH hitting a daily low of $2,002. If this bearish momentum continues, ETH could soon test the $1,940 - $1,900 support range.
📉 Bearish Levels to Watch:
🔻 Immediate Support: $2,002 – A break here could accelerate losses toward $1,940.
🔻 Next Bearish Target: $1,936 – Losing this level could send ETH crashing to $1,900 or lower.
🚨 Book Profits or Enter Fresh Shorts?
Traders should lock in profits if short from higher levels, while aggressive bears can re-enter shorts around $2,080 - $2,120, targeting $1,940 next. Any bounce toward $2,150 could offer another short opportunity before ETH resumes its decline.! 🚨
#USTariffs #MarketPullback #CZ'sTokenModelIdea #BinanceAlphaAlert #Write2Earn
{spot}(ETHUSDT)
Bounces Off Key Reversal Zone
Dogecoin rallied significantly after reaching a key support level, supporting a recent technical analysis' positive outlook. The meme cryptocurrency, which fell sharply this week, has bounced off the $0.16896 reversal zone and is presently rising. Dogecoin, trading at $0.22, looks to be in a Cup & Handle configuration, laying the ground for a rise.
After last week's drop, X's crypto expert noted Dogecoin's approach to a major support level. Dogecoin quickly lost support levels around $0.20 and $0.20 during this market drop. The expert stated that the meme currency is reaching $0.16896, where it has the most chance of rising.
As expected, DOGE established stability before reaching this level and has subsequently trended higher, establishing a Cup & Handle pattern. This bullish pattern generally precedes major breakouts, therefore the analyst is looking for a move above resistance.
Note that $0.29124 is the next critical test. The response to this resistance will determine if DOGE can rebound and reach new highs. A decisive break above this level might boost bullish momentum and price goals.
Next Major Resistance Could Lead Rally to $0.50+
After the recovery from support, the expert predicted a long-term climb to $0.50 and $0.60. Dogecoin's highest price in years would be $0.50, a huge breakthrough over $0.48, where it was rejected in December 2024. Long-term objectives are above $0.6 and a fresh high above $0.737.
However, Dogecoin faces challenges, especially at $0.29124. Even if Dogecoin bulls breach this level, a retest may occur before the following rising leg.
Dogecoin's trajectory also depends on market sentiment. Bitcoin and other major cryptocurrencies are recovering from last week's drop when the US crypto reserve was announced. The meme currency might achieve a new all-time high before the middle of the year in the bullish climate.
#DOGE #MarketPullback #FTXrepayment #USTariffs $DOGE