
Bitcoin (BTC) dipped below $100,000 as markets stalled after reaching $102,500. BTC had dipped to an intraday low of $91,274 on Monday after Trump’s tariffs against Canada and Mexico came into effect. However, markets made a quick recovery after Trump agreed to pause tariffs and signed an executive order for the creation of a sovereign wealth fund. Bitcoin (BTC) Could Be Included In Wealth Fund President Donald Trump signed an executive order for the creation of a sovereign wealth fund in the US. The order outlines plans for a wealth fund for the development of the US economy. It has drawn considerable attention from members of the crypto community, who believe the fund could include BTC . The fund will be the first-ever sovereign wealth fund to serve as a tool for economic development. Donald Trump has tasked the Treasury and Commerce Departments with the responsibility to create the fund. The order instructs both departments to submit a plan for such a fund within 90 days. This includes investment strategies, fund structure, funding mechanisms, and a governance model. According to Treasury Secretary Scott Bessent, the fund will be established within 12 months. “We`re going to stand this thing up within the next 12 months. We`re going to monetize the asset side of the US balance sheet for the American people.” The prospect of a sovereign wealth fund has stirred optimism within the crypto community, with speculations about the addition of BTC to the fund. Bitwise Senior Investment Strategist Juan Leon stated the inclusion of the flagship cryptocurrency in the fund is a realistic possibility. “First an EO to determine a strategic bitcoin reserve, and now a sovereign wealth fund. It looks to me like they could fold the former into the latter. Better yet, include accumulating bitcoin in the sovereign wealth fund while holding a separate strategic reserve.” Arthur Hayes Predicts $250,000 Arthur Hayes, Chief Investment Officer at Maelstrom, has predicted that BTC remains on track to reach $250,000, adding it would be a stepping stone towards bigger gains. Hayes stated that global economic pressures are forcing governments to print large amounts of money that could devalue fiat and set the stage for a Bitcoin surge. Hayes added that Trump and his team are working to reshape the world around the US, but such an effort will require printing vast amounts of currency. “It requires destroying the real value of government bonds in the United States.” According to Hayes, governments around the world are facing the same economic pressures and will have no choice but to flood the market with liquidity. Liquidations Could Have Surpassed Reported Value According to Ben Zhou, CEO of ByBit, real total liquidations were significantly more than the reported $2 billion, estimating the actual figure was closer to $8-10 billion. He added that ByBit’s 24-hour liquidation alone was $2.1 billion, compared to the $333 million recorded on Coinglass. “I am afraid that today`s real total liquidation is a lot more than $2B by my estimation, it should be at least around $8-10b. FYI, Bybit`s 24-hour liquidation alone was $2.1B. As you can see in the below screenshot, Bybit 24hr liquidations recorded on Coinglass was around $333m.” Bitcoin (BTC) Price Analysis Bitcoin (BTC) and other cryptocurrencies face renewed pressure thanks to trade tensions between the US and China, rattling investor confidence. BTC made a strong recovery after Monday’s dramatic collapse but has run into uncertainty yet again after China retaliated to Trump’s tariffs. The US imposed a 10% tariff on all Chinese goods, with China retaliating and putting tariffs on products imported from the US, including oil. The country added it was opening an investigation against US tech giant Google for alleged antitrust violations. The developments have raised the prospects of a full-blown trade war between two of the world’s largest economies, adversely impacting market sentiment. As a result, markets are facing increased volatility and bearish sentiment, as highlighted by BTC’s price action. BTC is back in the red during the current session, wiping out gains from yesterday’s relief rally, and slipping below $100,000. However, some analysts have suggested a prolonged trade could be beneficial to BTC and other cryptocurrencies. However, the current downturn is due to macroeconomic factors and an increasingly competitive AI race. BTC has faced considerable volatility over the past week, plummeting to an intraday low of $97,766 last Monday, briefly slipping below the 20 and 50-day SMAs before recovering and settling at $102,064. The price continued to fall on Tuesday, dropping 0.69% to $101,362 after a failed relief rally. BTC recovered on Wednesday, rising 2.27% and moving to $103,663. Buyers retained control on Thursday as BTC rose to an intraday high of $106,296 before losing momentum and settling at $104,553. However, sentiment changed on Friday as the price fell nearly 2% to $102,616. Source: TradingView BTC slipped below the 20-day SMA on Saturday, dropping by 1.54% to $101,041. Bearish sentiment intensified on Sunday as BTC slipped below $100,000 and the 50-day SMA, falling just over 3% to $97,881. With markets tanking on Monday, BTC plunged to an intraday low of $91,274. However, it recovered from this level to reclaim $100,000 and settle at $101,579, moving above the 50-day SMA after registering an increase of nearly 4%. However, markets were rattled after China retaliated to Trump’s tariffs. As a result, BTC stalled and fell back into the red. The flagship cryptocurrency is down 2.50% and has slipped below $100,000 to trade at the $99,000 level. If BTC continues to drop, we could see a drop to $95,000. Buyers must keep BTC above $99,000 and reclaim $100,000 to spark a reversal. However, as the RSI and MACD indicate, sellers have the upper hand. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitzo
You can visit the page to read the article.
Source: Bitzo
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
President of the Central African Republic Accused of Scamming Traders Through $CAR Token Launch

In an unexpected turn of events, blockchain researchers have charged the President of the Central African Republic (CAR) , Faustin-Archange Touadéra, with running a scam to bilk investors through the launch of the $CAR memecoin. What initially seemed like a legitimate cryptocurrency project has rapidly collapsed into a shambolic wreck, with investors now nursing considerable monetary wounds as a result. The situation has thrown into sharp relief just how little regulatory oversight there is in the world of cryptocurrencies and how easy it is for even well-known political figures to endorse dubious projects. The Rise and Fall of the $CAR Token After an official announcement from President Touadéra, the $CAR memecoin was launched and immediately drew attention. The project gained traction quickly, largely because of the endorsement from the President himself. In just minutes, the market cap of the token shot up from about $580K to an incredible $400 million, and within three hours, that cap had surged to $800 million. Even though the growth we are seeing is impressive, experts are already noticing strange patterns in the tokenomics of the $CAR project. According to blockchain researchers, over 95% of the total supply of the $CAR token was locked away. So, if you believe in the $CAR project and in its future, you have to believe that these tokens, which are mostly sitting there and not doing anything, are somehow going to be part of a healthy ecosystem. If you’re a seasoned trader, though, and you’ve already seen through to the other side of the shiny facade, I guess you could imagine a scenario in which this healthy ecosystem isn’t in play and some of these locked tokens are just waiting around to be used for a bit of not-so-legal price action. The matter became even more unclear with the initiation of a web page for the $CAR token. It was first put forth as a genuine outlet for investor information but turned out to be just as useful and real as the $CAR token. Concurrently, a “real” site was linked. This website was under construction at the time of link and immediately proceeded to have credibility issues. Compounding the problem, the official Twitter account for $CAR was suspended, which added to the mounting suspicion that something shady was going on. The account is still suspended, and the team claims they are working to get the account back online, but there has been no communication with the public since the account was suspended. This has led many to believe that Twitter’s actions were part of an effort to stop what was looking more and more like a scam from happening on their platform. A Massive Dump and Investor Losses The $CAR token was initially very exciting. It shot up in price and then promptly dropped, leaving investors who had jumped on the excitement in an uncomfortable position. In some ways, that makes $CAR like other pump-and-dump schemes. But because $CAR was at least somewhat linked to an actual product that has value, it may represent a new kind of cryptocurrency ne’er-do-well: one with real use cases that nonetheless is not offering real value. And it is seriously affecting $CAR holders. This situation has a part that is particularly worrisome. On-chain evidence connects President Touadéra and his team directly to the bulk of the token’s profits. Blockchain data indicates that the largest wallets controlling $CAR tokens are directly related to the President and his close associates. Those same wallets are believed to have already realized something like $40 million in profits coming directly from unsuspecting investors who’ve bought the token. And the same wallets are still holding another $70 million+ worth of tokens that they’re going to sell at some point. Even more damning evidence emerged from the investigation. The personal digital wallet of President Touadéra, known by the blockchain address DeB4XcwEGdMDfA3nQ2NNfvASzmZA5qHWba7xMkrYaQ9H, reveals that he bought $CAR tokens before the official announcement for just $1,999. When the token launched, he was not holding it for long. He sold off his holdings right away for an enormous profit of $1.7 million. In the interim, he was busy dumping 150 to 250 Solana (SOL) tokens every minute. So his actions were not just illegal; they were causing $CAR to crash. Meet Faustin Touadéra, the first President-crypto scammer He dumped $CAR by 94% and vanished over $110M in 20 hours My research shows African politicians are planning mass rug pulls : How African leaders are ROBBING you and how to fight back pic.twitter.com/ObOsgpKjH5 — Leviathan (@TechLeviathan) February 10, 2025 Even with the substantial evidence of market manipulation, President Touadéra has stuck with calling the launch a “massive success.” In his most recent public statement, he thanked those who had supported the token and reiterated his bullishness about the project’s future. However, these comments are hard to reconcile with the reality of the 99% of investors who have lost a significant amount of money. His assertions also seem to be an effort to quiet the rumor that his account was hacked at the time of the launch. Given the massive amount of evidence suggesting that intentional market manipulation took place, it seems very hard to believe that this was the case. Instead, the whole situation looks like a scam that was pulled off very well, indeed, and that left a whole lot of investors in bad shape after supposedly “going legit.” A Wake-Up Call for the Crypto Market The $CAR problem serves as a clear and sharp warning about the dangers of putting money into cryptocurrencies. These digital assets have a lot of potential but, as with any great opportunity, they also carry a great risk. That risk has been heightened in recent months by the number of bad actors in the space, and by the almost perfect environment they have for pulling off their scams. The situation with $CAR, a digital currency backed by the Central African Republic, reminds us that even the rarebsure bets in the crypto space can go terribly wrong. The $CAR launch fallout is now under examination by both blockchain researchers and regulators. The incident may push the whole cryptocurrency market into increased scrutiny. If the event does lead to tighter regulations and/or a more aware investor base, it’s clear the $CAR token launch will have lasting effects on how digital assets are treated in the future. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: ake1150/ 123RF // Image Effects by Colorcinch Bitzo

Market Update: Recent Activity Lead to BTC, XRP and ETH Price to Crash! Why Was This New Coin Unaffected?
The post Market Update: Recent Activity Lead to BTC, XRP and ETH Price to Crash! Why Was This New Coin Unaffected? appeared first on Coinpedia Fintech News The cryptocurrency market has seen a decline, with substantial reductions in the values of BTC, XRP, and ETH. This sudden downturn has compelled investors to seek clarifications, heightening apprehension over possible outcomes. Amidst the turmoil faced by conventional entities, a budding project has shown resilience, remaining entirely unscathed. What’s behind this resilience? This crypto market news update will analyze why these established tokens are struggling, examine the underlying causes, and disclose why a specific new token persistently contradicts market trends. Rollblock defies the crypto crash with GambleFi innovation and a rock-solid economic model If you keenly follow crypto market news, you’ll have noticed that while most of the market is reeling from the latest downturn, one new project has remained completely unfazed. Rollblock, a rising GambleFi protocol, is proving that innovation and real-world use cases can shield tokens from broader market volatility. Rollblock merges decentralized and centralized gaming for transparency and trust. Its revenue-driven model ensures stability by buying back $RBLK tokens, maintaining value even in market downturns. With its unique approach and dedicated following, Rollblock is proving that crypto doesn’t have to be at the mercy of market crashes. While BTC, XRP, and ETH struggle, this rising GambleFi star continues to stand strong—offering a glimpse into the future of sustainable crypto projects. Bitcoin’s rollercoaster: why BTC price is dropping after $100K highs The value of Bitcoin has decreased from above $100,000 to about $96,000 in recent times. This market value drop stems from both market participant reactions and wider economic conditions. The impressive Bitcoin price rally, which surged past $100,000, has led several investors toward profit-taking, which in turn creates increased market sell orders. Market fatigue developing from fast price growth prompts traders to avoid buying at elevated price points. Crypto market news: XRP struggles as network activity drops and technical risks rise XRP is facing renewed pressure as technical signals point to potential downside risks. A recent 64-minute network outage, now resolved, has raised concerns about reliability, while active addresses have dropped nearly 50% since December. With a potential death cross forming on its EMA lines, XRP could test lower support levels unless fresh demand kicks in. As crypto market news unfolds, investors are watching key XRP indicators closely, with a rebound in network activity seen as crucial for restoring confidence and reversing the current trend. ETH price tumbles as key support levels crumble—is more pain ahead? ETH’s price has taken a significant hit, dropping over 20% and falling below key support levels at $2,800 and $2,650. The break below these critical zones has triggered a wave of liquidations, with ETH accounting for $531 million of the $2.04 billion wiped from the crypto market. The bearish trend intensified when ETH’s price slipped beneath $2,500, hitting a low of $2,127. While temporary support has formed above $2,300, the overall market sentiment remains negative. Technical indicators, including a deeply oversold RSI and a bearish MACD, suggest continued downside risk for ETH’s price. Conclusion Despite the market downturn, Rollblock’s GambleFi model has kept it resilient while BTC, XRP, and ETH prices continue to slide. With casino revenue fueling buybacks, $RBLK remains stable amid volatility. As Ethereum struggles below key levels, Rollblock stands strong—offering a glimpse into the future of sustainable crypto projects. Don’t miss out—Rollblock’s presale is live! Secure your stake today. Website: https://presale.Rollblock.io/ Socials: https://linktr.ee/Rollblockcasino Bitzo