🚨 Breaking Crypto News: Key Market Movers Today!

News

🌐 Is Donald Trump Planning To Liquidate XRP To Buy Bitcoin?

Recent rumors suggest that US President Donald Trump has signed an executive order to liquidate the government’s XRP holding. This has sparked speculation about Trump’s potential plan to purchase more Bitcoin by liquidating the holdings. Notably, Bitcoin Magazine CEO David Bailey took to X to share insights on Trump’s latest executive order on XRP. Let’s unveil the potential implications of the move.

🌐 Coinbase Blames FDIC for Refusal to Cooperate in Operation Choke Point 2.0

Crypto exchange Coinbase has stated that the Federal Deposit Insurance Cooperation (FDIC) has refused to cooperate in Operation Choke Point 2.0 investigation while denying transparency on their part. While other agencies like the U.S. Office of the Comptroller of the Currency (OCC) rolled back in 2020 guidance, agencies like the FDIC have been reluctant on this matter.

Markets

📊 Cryptocurrencies Price Prediction: Solana, XRP Prices May Trigger Weekend Rallies as Nasdaq Crashes Below 200D Average

The cryptocurrencies price has faced a downturn over the past week, with most crypto markets struggling to hold key support levels. The decline comes amid a broader financial market sell-off influenced by economic concerns. Solana and XRP prices, among other major coins, have seen notable price fluctuations that may may Trigger weekend rallies as Nasdaq crashes below 200D average. Despite the recent Trump crypto summit held on 7th March, which aimed to boost sentiment, the market remains under pressure. The recent decline in the crypto market is closely linked to stock market trends, particularly concerns over U.S. tariffs. With equities experiencing volatility, cryptocurrencies have followed suit due to their strong correlation. However, with the stock market closed over the weekend, digital assets may find an opportunity to recover.

🏛 4 Crypto Tokens to Hold As US Banks Gain Regulatory Approval For Cryptocurrency Services

The crypto market faces another test after a slight correction, even following the Trump crypto summit on March 7. However, optimism remains as US banks gain regulatory approval for cryptocurrency services. This approval could stabilize the market and fuel potential recovery. Amid these developments, four crypto tokens stand out as strategic assets to hold for possible gains.