This Week’s “What’s in your Wallet” (hope it’s #ETH). Use relative strength to help make your choice. The Eightcoin Index was built using the eight coins presented below in www.optuma.com
This Week’s “What’s in your Wallet” (hope it’s #ETH). Use relative strength to help make your choice. The Eightcoin Index was built using the eight coins presented below in www.optuma.com
TRON founder Justin Sun has revealed that the network might reduce the TRX block rewards due to TRX’s rising price, sparking a discussion in the cryptocurrency community. Sun noted that this move is similar to Bitcoin’s halving mechanism, capturing the attention of investors who are wondering about the plan’s possible impact on traders. Related Reading: XRP Set For Big Rally – Analyst Says ‘Double Digits’ This Year Tron: Reducing Block Rewards Sun shared, in a post on X, his thoughts on potentially implementing a reduction in the network’s reward scheme for its TRX. He said that it is worth paying attention to the discussion about TRX’s upcoming reduction in block rewards. “Here are my personal thoughts. As we all know, TRX is already in a deflationary state of 1% per year, making it the only deflationary asset among major cryptocurrencies,” he explained. The TRON founder said that due to TRX’s rising price, “the rewards for block-producing nodes across the network have increased significantly, so a moderate reduction could be considered.” 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? Here are my personal thoughts. As we all know, TRX is already in a deflationary state of 1% per year, making it the only… — H.E. Justin Sun 🍌 (@justinsuntron) March 21, 2025 Following Bitcoin’s Path In the post, Sun said that TRX might follow what happened to Bitcoin, saying, “Will TRX follow Bitcoin’s path and enter a halving cycle?” He explained that the firstborn cryptocurrency followed a similar path, saying that once the BTC network grew, investors saw a gradual decrease in its block rewards. “In the early days, higher rewards were necessary for bootstrapping the network. However, as Bitcoin’s price surged, block rewards were lowered, and the halving cycle played a crucial role in Bitcoin’s long-term sustainability—aligning with Satoshi Nakamoto‘s original vision,” the founder added. Impact Of The Reduction Sun also shared the possible impact of reducing TRX block rewards, giving two scenarios. “If daily block rewards are reduced by 1 million TRX, the deflation rate would increase by 50%, reaching 1.5% per year,” he said. On the other hand, he believes that if TRX is reduced by 2 million, the deflation rate would increase to 2% per year, “effectively doubling the deflation rate, with an impact on TRX cycles comparable to Bitcoin’s halving.” “Even with a block reward reduction, the current incentives for network validators remain highly attractive. Ultimately, this decision rests with the TRX community,” he added. The founder revealed that the network has formally submitted on GitHub the proposed block rewards reduction. Related Reading: Ethereum Whales Pounce On The Dip, Snag $236 Million In ETH “The adjustment aims to create a more balanced supply-demand dynamic encouraging increased user participation in staking. This will benefit all stakeholders, ensure the TRX block rewards consistent with the maturity of the TRON network, and promote the healthy and sustainable development of the TRON ecosystem,” the network stated in the proposal. Among the benefits that can be gained from its implementation are 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 network added. Featured image from Gemini Imagen, chart from TradingView
A total of 22,000 Bitcoin option contracts expired on March 21 with a notional value of $1.83B. The put/call ratio was 0.84, which means there were more call buyers than put option buyers, suggesting a short-term bullish sentiment. The maximum pain was around $85K, while $BTC is currently trading around $84,300. Max pain, for those unaware, is the level where option sellers experience the least losses. This also suggests a small upward move. However, the larger picture for Bitcoin is more or less sideways. The short-term Implied Volatility (IV) has fallen below 50%. This implies that market participants aren’t expecting large price moves on either side, and the price may stabilize around the $85K mark for a while. However, as we’ll highlight below, there are several reasons to be bullish on $BTC, which also makes this the perfect time to invest in the best crypto presales. A Bitcoin Rally Is Just Around the Corner Analysts have predicted that the FED might announce fresh rate cuts in April in the direction of Trump after economic upheaval caused by the tariff war. This could prove to be a great catalyst in pushing $BTC prices above $85K. What’s more, the influx of funds in Bitcoin ETFs has also picked up, recording a cumulative net inflow of $166M in the last five sessions. Amid this, BlackRock’s IBIT recorded a net inflow of $172M in just a single day. Increasing ETF investments suggest that investors are accumulating BTC after a significant correction from its all-time high of $110K. Technical Analysis of Bitcoin Comes Bearing Fruits Even better, a deep dive into the technical analysis of Bitcoin’s chart reveals a handful of positive signs. For starters, $BTC is bouncing off the 50 EMA (Exponential Moving Average) on the weekly chart. Both the 50 & 200 EMAs are sloping upwards, which is another strong bullish signal. In addition to the 50 EMA, the current bounce is also occurring from the 50% Fibonacci level. This simply means $BTC has had a healthy amount of correction and is now continuing its longer-term bullish trend. To put it simply, Bitcoin is trading in a discounted zone. Although the OG crypto presents a fantastic risk-to-reward opportunity here, the following presales could easily match (and even eclipse) $BTC’s gains. 1. BTC Bull Token ($BTCBULL) – Best Crypto Presale to Buy Right Now Combined with increased institutional buying and a promising technical chart, several signs are pointing toward an upcoming Bitcoin rally. If you wish to make the most of the next $BTC run, consider investing in BTC Bull Token ($BTCBULL) – one of the best altcoins on the market right now. It stands out by being the ONLY crypto to offer free (and real) $BTC to token holders who buy and hold $BTCBULL in Best Wallet. The aforementioned Bitcoin giveaways will take place as and when $BTC surges past a new milestone figure (such as $150K, $200K, and $250K) for the very first time. Additionally, the project’s roadmap also includes periodic burn events. Essentially, at every $25K mark ($125K, $150K, $175K, and so on), the developers will shave off a part of the total $BTCBULL supply. As you might have already guessed, this will contract supply and ultimately boost BTC Bull Token’s price. The best part is that $BTCBULL is currently in presale ($3.9M+ raised), meaning prices are at their lowest. You can buy each token for just $0.002425. Need help with the purchase process? Check out our detailed guide on how to buy $BTCBULL. 2. Solaxy ($SOLX) – Solana Meme Coin with Real-World Use Case Solana’s approximately 50% fall from its all-time high (ATH) in mid-January is concerning, especially when it has been dubbed the “Ethereum killer.” In addition to a temporary drop in enthusiasm regarding meme coins, Solana’s inability to accommodate the growing number of investors on the network post $TRUMP and Pump.fun’s launch has been its biggest worry. Solaxy ($SOLX), however, could be Solana’s knight in shining armor. After all, it plans to build the first-ever Layer 2 scaling protocol on Solana. Solaxy’s plan to process Solana’s transactions on a sidechain would significantly reduce the burden on Solana’s primary network. Additionally, Solaxy would process transactions in batches – rather than one by one. This would further reduce the overall costs required to operate on Solana. All in all, Solaxy will solve Solana’s long-standing problems of scalability, congestion, and failed transactions. Thanks to its revolutionary mission, Solaxy has attracted both retail investors and crypto whales. It is, in fact, one of the hottest cryptos going around, with over $27.5M in its purse at the time of writing. 1 $SOLX is currently available for only $0.001672, but hurry up because the price increases in just a few hours. Here’s how to buy Solaxy. 3. Lightchain AI ($LCAI) – Unique Crypto Presale Planning to Build Secure Blockchains Lightchain AI ($LCAI) harnesses the power of artificial intelligence to develop smarter and more secure decentralized crypto exchanges. A highlight of the project is the Artificial Intelligence Virtual Machine (AIVM), which has been masterfully designed to tackle AI tasks with maximum efficiency. The good news keeps coming, as $LCAI token holders will also get a say in how the project moves forward. The token is currently in presale, where it has amassed a whopping $18M so far. Such massive investor interest in an AI-crypto project is a telltale sign of this hybrid industry’s potential. Also, because $LCAI is only selling for $0.007125 per token, it’s among the best cheap cryptos you can get your hands on right now. Conclusion Although the three cryptos above are certainly worth including in your portfolio, it’s worth remembering that no token is risk-free – largely due to the larger crypto market’s volatility and unpredictability. You should, therefore, only invest an amount that doesn’t hurt your belly. Also, we urge you to do your own research before investing. None of the above is a substitute for financial advice from a certified professional.
Bitcoin continues to experience short-term volatility, struggling to maintain momentum above key resistance levels. After recently attempting to break back above the psychological $90,000 level, the asset has pulled back again. As of the time of writing, Bitcoin is trading at approximately $83,239, down 2.2% over the past 24 hours and nearly 23% below its all-time high above $109,000 reached in January. Despite this, some analysts suggest underlying indicators may point toward a potential market rebound if specific conditions align. Related Reading: Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally? Stablecoin Trends Offer Insight into Bitcoin Market Liquidity Crypto Dan, a contributor to the CryptoQuant QuickTake platform shared an analysis titled “Comparison of the March 2024 Correction and the Current Market,” focusing on the relationship between stablecoin supply and Bitcoin’s price behavior. According to Dan, the flow of stablecoins into the market can serve as a proxy for measuring potential buying power, with higher stablecoin reserves typically associated with increased purchasing capacity among market participants. Dan noted that during the March–October 2024 correction phase, the supply of stablecoins remained relatively low or declined, contributing to a more prolonged bearish trend. In contrast, the current correction has been accompanied by a gradual increase in stablecoin supply, which may indicate that market participants are preparing to re-enter positions as they await favorable conditions. Dan wrote: The current market is in a state where it is ready to rise quickly whenever strong catalysts emerge. Patience remains essential in the investment market. While it is premature to declare the end of the bullish cycle, the market continues to present conditions worth monitoring closely. Notably, this upward trend in stablecoin reserves suggests that investors are not fully exiting the market but are instead adopting a wait-and-see approach, holding liquidity in stablecoins while watching for confirmation of a trend reversal. This behavior often precedes renewed buying activity when confidence begins to return. Sentiment Signals Shift on Binance as Ratio Turns Positive Another CryptoQuant analyst, Burak Kesmeci, analyzed the Taker Buy Sell Ratio on Binance—an exchange widely viewed as a leading barometer of retail and institutional sentiment due to its high trading volume. The Taker Buy Sell Ratio measures the aggressiveness of buyers versus sellers, with values above 1.00 indicating that buyers are initiating more trades than sellers. Kesmeci observed that this ratio has been steadily forming higher lows over the past ten days and recently transitioned from the negative to the positive zone. Related Reading: This Bear Market Indicator Says Bitcoin Price Is Headed For Crash To $40,000, Here’s When This shift could suggest that sentiment among active traders is improving, potentially setting the stage for upward price movement if this trend continues. Kesmeci explained: If the Taker Buy Sell Ratio remains above 1.00, especially considering Binance’s market influence, Bitcoin’s uptrend from the $76,600 region could see continuation. Featured image from DALL-E, Chart from TradingView