🚀 Bitcoin’s Wild Ride: Are We About to See $100K or a Flash Crash? 🔥
By #CryptoP – The Eccentric, The Philosopher, The Trader
🎭 Bitcoin’s Drama: The King is Back on Stage
Bitcoin is on the move again, and the crypto world is buzzing! $BTC just bounced from a major dip and is now trading at $84,159.54 – but the real question is: what happens next?
Will we see an explosive rally to $100K and beyond 🚀 or a soul-crushing flash crash back to $70K? Let’s dive into the madness with some high-quality insights, spicy data, and a sprinkle of weirdness.
📈 The Chart Speaks: Bullish or Bearish?
Looking at the weekly Bitcoin chart from Bitget, we see some wild patterns:
✅ Strong support around $71K, where big buyers stepped in.
✅ Moving averages (MA) show a short-term struggle, with MA(10) at $93K acting as resistance.
✅ Massive volume spikes – whales are either accumulating or dumping.
🔮 My prediction?
If Bitcoin can break above $87,500, it's 🚀 time! But if it falls below $80K, expect a nasty flush to $75K or lower.
🏦 Wall Street is Waking Up: The Bitcoin ETF Frenzy
Institutional money is flooding into Bitcoin ETFs, and the market is loving it.
📌 Fun fact: Bitcoin ETFs had a net inflow of over $83 million just yesterday!
💭 What does this mean?
More institutional adoption 📈
Less wild volatility (maybe 😏)
A potential supply squeeze – fewer BTC on exchanges
If these ETFs keep buying like hungry beasts, we might hit $100K much sooner than expected.
🔥 Weird But True: Bitcoin is More Popular Than…
Let’s put Bitcoin’s hype level into perspective:
💡 Google Trends shows more searches for “Buy Bitcoin” than “Buy Gold” – that’s historic!
💡 More Gen Z & Millennials own Bitcoin than stocks.
💡 $BTC’s market cap is now bigger than Tesla & Meta combined!
If this keeps up, Bitcoin might just flip gold in the next few years. 🚀
🏆 The $100K Question: Are We Ready?
📌 YES, if…
✅ The Bitcoin ETFs keep pumping money in.
✅ We stay above $80K in the next few days.
✅ Retail FOMO kicks in like in 2021.
📌 NO, if…
❌ We get a major rug pull from whales.
❌ The Fed raises interest rates aggressively.
❌ Some crazy regulation news drops (hello, US politicians 👀).
💡 CryptoP’s Final Thought: Stay Weird, Stay Bullish
Bitcoin is not just an asset – it’s a movement, a revolution, and a mind-bending experience. 🌌
🔮 My advice?
Don’t panic sell on dips.
Don’t go all-in on hype.
Trade smart, stack sats, and keep learning.
🚀 $100K or bust? Let me know in the comments!
#Bitcoin #BTC #CryptoP #HODL #CryptoTrading
Will TRX follow Bitcoin? Justin Sun discusses block reward cut
TRON founder Justin Sun has shared his thoughts about potentially reducing TRX block rewards, drawing parallels to Bitcoin’s halving mechanism.
In a recent tweet, Sun shared his thoughts on implementing a reward reduction for Tron ( TRX ). He noted that the cryptocurrency is already deflationary, with supply decreasing by 1% annually.
This makes TRX “the only deflationary asset among major cryptocurrencies,” according to Sun.
“This discussion about TRX’s upcoming reduction in block rewards is worth paying attention to! Will TRX follow Bitcoin’s path and enter a halving cycle?” Sun wrote on X. He also compared the potential change as an evolution similar to Bitcoin’s development.
Sun explained that as Bitcoin’s ( BTC ) network matured and its price increased, block rewards were gradually reduced through the halving mechanism. He suggested that TRON could follow a comparable path, noting that the rising TRX price has increased rewards for block-producing nodes across the network.
The proposal , formally submitted on GitHub as “Reduce TRX block rewards #738,” outlines several potential scenarios. Reducing 1 million TRX in daily block rewards would increase the deflation rate by 50% to 1.5% per year. At the same time, a 2 million TRX reduction would double the deflation rate to 2% annually, creating an impact “comparable to Bitcoin’s halving.”
The GitHub proposal also mentions multiple benefits of implementing such changes. This includes better deflation, increased staking incentives, strengthened network security, and improved economic alignment. “Timely adjustments to TRX block rewards can better promote the healthy and sustainable development of the TRON network and TRON ecosystem,” the proposal states.
Unlike Bitcoin’s automated halving mechanism that cuts rewards by 50% approximately every four years, TRX’s proposed reduction would be implemented through community governance. “Ultimately, this decision rests with the TRX community!” Sun emphasized.
Sun highlighted that even with reduced block rewards, “the current incentives for network validators remain highly attractive.”
Fidelity Joins the Tokenized US Treasury Bills Race, Taking on BlackRock’s BUIDL Fund
Fidelity is launching a new tokenized fund focused on U.S. Treasury bills, setting itself up as a direct competitor to BlackRock’s BUIDL fund .
In simpler terms, Fidelity’s new offering lets investors put their money into the US Treasury bills through their blockchain-based system. By tokenizing the U.S. Treasury bills, Fidelity’s plan is to give investors greater flexibility, transparency, and liquidity, on-chain.
Fidelity’s latest offering is in line with the broader trend of bringing traditional assets onto blockchain platforms.
Fidelity’s direct competition with BlackRock’s BUIDL fund is the main headline. BlackRock’s BUIDL Fund has a solid market presence, leveraged through a network of prominent players in both traditional finance and the crypto industry.
BUIDL’s goal has been to bring U.S. Treasury bills and other secured assets onto blockchain, combining the safety of government bonds with the advantages of blockchain technology, such as flexibility and transparency.
Related: COLLE AI Joins BlackRock’s BUIDL Fund, Signaling Growing Interest in AI-Driven NFTs
The recent Spark Tokenization Grand Prix, an initiative aimed at allocating $1 billion in tokenized assets, further intensifies their rivalry. Notably, BlackRock’s BUIDL is slated to receive half of the funds under this program..
Launched in July 2024, this initiative centers around the use of stablecoins within the Spark Liquidity Layer (SLL) to incorporate tokenized assets like BUIDL, USTB, and JTRSY. If governance approves this plan in April 2025, it will also involve investments in Superstate’s USTB and Centrifuge’s JTRSY.
BlackRock’s BUIDL benefits from a robust ecosystem of major partners such as Anchorage Digital Bank NA, BitGo, Coinbase, and Fireblocks. These partners provide essential infrastructure and services that support the tokenization process.
Related: BlackRock’s BUIDL Fund Expands to Five New Blockchains
BlackRock has also made a strategic investment in Securitize, the platform responsible for managing the tokenized shares of BUIDL. This partnership, along with the engagement of PricewaterhouseCoopers LLP as the fund’s auditor, reinforces the operational foundation of BUIDL.
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.
Ripple to SEC: Enough With Confusion—Time for Clear Crypto Rules, Not Backdoor Regulation
Ripple has submitted a formal response to the U.S. SEC Crypto Task Force, urging the agency to clarify its approach to digital asset regulation. In a letter addressed to Commissioner Hester Peirce, Ripple criticized the SEC’s past leadership for creating confusion and called for a return to straightforward, lawful guidance.
Stuart Alderoty, Ripple’s Chief Legal Officer, shared the document on X, emphasizing the need for regulatory relief. He referenced the Bob Dylan lyric, “There’s too much confusion, I can’t get no relief,” arguing that the previous SEC administration used this uncertainty to justify enforcement actions against crypto companies.
Ripple asserts that the SEC oversteps its authority over most digital assets, arguing they don’t meet the legal definition of securities. The company maintains that it is Congress, not the SEC, that should establish rules for the crypto market.
The response strongly urges the SEC to offer clear and straightforward guidance rather than continue its “regulation by enforcement” approach.
Ripple also highlights the negative market impact of SEC enforcement actions. It points to the 2020 lawsuit against Ripple, which led to a 70% drop in XRP’s price, wiping out $15 billion in market value.
Following the lawsuit, many cryptocurrency exchanges delisted XRP, restricting access for U.S. investors. Ripple notes that similar price declines occurred with Solana, Cardano, and Polygon after the SEC took action against major crypto exchanges.
Related: Ripple’s SEC Victory: Appeal Dropped, But SEC Silence Leaves “Officially Over?” Question Hanging
Ripple’s letter implores the SEC to use the original Howey Test to define securities. This test requires an investment contract where profits are clearly expected to come from the efforts of a central party. Ripple argues that many digital assets, including XRP, do not fit this definition.
The letter also tackles the issue of staking and yield-generating crypto services. Ripple contends that returns generated by blockchain protocols should not be classified as securities, as these returns don’t involve a central issuer making specific investment promises.
Ripple supports Commissioner Peirce’s Safe Harbor proposal, which would give blockchain projects with a grace period to develop and become more decentralized before facing the full weight of securities laws.
The company also advocates for regulatory sandboxes—controlled environments where crypto firms can test innovations under limited oversight. Ripple points to countries like the UK, EU, and Singapore who have successfully implemented similar frameworks.
Related: Swift and Ripple in the News: Did a Premature Announcement Cause a “Hack” Claim?
Notably, Ripple plans to submit further responses to the SEC, particularly on custody-related issues. The company continues to push for legislative action, arguing that clear rules from Congress are the best path forward for the crypto industry.
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.