BarbieCrashBandicootRFK888Inu priceSOLANA

I can't see a single bullish thing on the bitcoin and solana chart. It's all fucked up.

When $BTC reaches $70k saylor will sell at breakeven. It's like those people in solana trenches, spending millions to make $69

MetaMask has issued a warning to users about deceptive token schemes falsely claiming affiliation with the platform, emphasizing that there is currently no official MetaMask token. MetaMask , the leading Web3 wallet provider, alerted its community on March 3 about fraudulent schemes promoting non-existent MetaMask tokens. The platform stressed that any claims suggesting the existence of a MetaMask token are false and potentially harmful. Please be aware that projects indicating trading, or pre-market trading, of a MetaMask token are unaffiliated with Consensys. There is currently no MetaMask token. These advertisements and promotions are for speculative platforms unrelated to Consensys and without our… This warning follows MetaMask’s February 28 announcement regarding a critical update that will introduce Bitcoin ( BTC) and Solana ( SOL) smart contract capabilities to its network. Scammers may be attempting to exploit this development. MetaMask has previously addressed similar threats. In March 2023, the platform debunked rumors of a MetaMask token airdrop , warning that such claims were not only false but also dangerous, as they created opportunities for scammers and phishing attacks. Scams involving fraudulent tokens have been on the rise, with malicious actors convincing users to invest in counterfeit assets that mimic reputable projects. These schemes often result in significant financial losses for unsuspecting investors. Notably, entrepreneur Mark Cuban reportedly lost nearly $870,000 after interacting with a compromised MetaMask wallet. Additionally, MetaMask users have been targeted by address poisoning attacks , where scammers manipulate transaction histories to trick users into sending funds to fraudulent addresses.

Cryptocurrency analyst Miles Deutscher highlighted the fact that XRP whales have been selling off their holdings at levels never seen before. This selling activity intensified following a substantial price rally where XRP surged over 500% from November 2024. Deutscher suggests that XRP is undergoing a distribution phase, a period where major investors liquidate their positions, often signaling that a price drop might be coming. Notably, a single-day sell-off exceeded $120 million, underscoring the scale of this distribution. XRP had a good run since November, as it experienced a remarkable rally, increasing from $0.52 to over $2. At the moment, it’s sitting at $2.67. It’s still early to say for sure what will happen, but usually, when whales sell large amounts, it can hurt investor confidence. This can lead to more people selling, including regular investors. Plus, the liquidation of substantial holdings can bring about price swings, potentially causing sudden price drops in the short term. Related: XRP Whales Flood Binance: 2.66 Billion Tokens Moved Amid Price Swings It’s worth noting that a distribution phase suggests that whales anticipate limited short-term upside, prompting them to realize profits. Typically, the local distribution phase occurs when large investors start selling their holdings gradually, often after a big price rally. If demand is strong, XRP may enter a sideways movement, also known as consolidation. In the event demand weakens, it could trigger a price drop. This news about whale selling comes a day after US President Donald Trump announced the creation of a US strategic crypto reserve, and specifically named XRP as one of the digital assets to be included. Bitcoin, Ether, Solana, and Cardano are also included. The announcement led to a substantial surge in XRP’s standing, with its market capitalization increasing by $44 billion within an hour. In addition, XRP experienced a significant price increase, reaching a peak of $3. Related: XRP Whales Trigger Excitement: Price Rally Yet to Follow So far, the inclusion of XRP in the strategic reserve has been met with varied opinions. While some industry leaders have embraced the multichain approach, others have criticized the selection of certain altcoins. Regardless of the general feeling, these events emphasize XRP’s evolving role in the cryptocurrency landscape. As to how much of an impact these developments will have on XRP long term, it’s yet to be seen. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Renowned economist Peter Schiff has withdrawn his endorsement of a strategic Bitcoin reserve, stirring controversy in financial circles. Schiff, who had earlier expressed understanding of a Bitcoin reserve while opposing XRP as part of former President Donald Trump’s crypto strategy, now claims his stance was misrepresented. Accusations of Market ManipulationIn a recent statement, Schiff criticized Bitcoin promoters, accusing them of fraud and intentional misinformation to inflate BTC’s market value. He labeled such actions as common manipulation tactics used to mislead investors. Schiff emphasized that his previous remarks were misconstrued, clarifying that he never supported a Bitcoin reserve in the first place. Donald Trump created a strategic US crypto reserve with an inclusion of Bitcoin and the tokens XRP, Solana, and Cardano. After Trump framed regulatory suppression as a Biden administration policy, he launched this initiative, which caused a substantial market boost. The total market capitalization of cryptocurrencies increased by 6.47% until it reached $3.03 trillion. The price of Bitcoin increased to $94,810 after Trump made his announcement while Schiff added to the discussion. This action occurred when the Bitcoin price was maintained at roughly $85,000. Peter Schiff previously posted on X, questioning the rationale behind including XRP in the reserve while acknowledging the logic behind a Bitcoin reserve. His words were quickly interpreted by BTC supporters as an endorsement of the asset’s strategic inclusion. Enthusiasts claimed Schiff recognized Bitcoin as digital gold, reinforcing its legitimacy as a financial asset. Schiff has changed his position regarding those statements by pointing out their misinterpretation by the public. Bitcoin advocates supposed a deliberate falsification to generate wrong perceptions about BTC’s institutional support base according to Schiff. Shiff’s recent statements have intensified discussions about cryptotrading methods used to manage market images. Despite the controversy, Bitcoin remains at elevated levels, benefiting from Trump’s policy shift. Analysts suggest that the strategic reserve announcement has strengthened investor confidence in digital assets, regardless of Schiff’s retraction. Market sentiment continues to lean bullish amid growing institutional interest. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.