🔷 Ethereum is destined to rise above $10,000 in this cycle

This is the opinion of crypto analyst Ted Pillos.

↗️ He drew parallels between the current trajectory of ETH and the performance of BTC during the 2015-2017 bull market.

BTC's rise from a bear market low of around $200 ended in a parabolic rise to $780. Likewise, ETH appears to have completed its accumulation phase and broken through key resistance levels.

🏆 The expert also highlighted Ethereum's dominant position in the DeFi space, accounting for over 52% of the total value locked in projects.

📉 El Salvador Takes Advantage of BTC Price Drop

The Salvadoran government bought Bitcoin during the Bitcoin dump that began yesterday. Officials took advantage of the bearish trend to increase their holdings to 6,088 BTC.

They purchased 7 BTC on February 25 at approximately 01:00 at a price of $94,169. The deal left the government with an unrealized loss, which is more than offset by the $147.7 million unrecorded profit it has earned since it started investing in BTC in October 2021.

Members of the crypto community have seen the Salvadoran government’s Bitcoin purchase as a bullish signal.

There are two other important factors that support the upward trend. First, the Fear and Greed index has already dropped to 29 and entered the fear zone. Secondly, the RSI index on the four-hour chart has dropped significantly, which means the market is oversold.

📉 The current crypto market decline is a tactical pullback, not a trend change

This was stated by the head of Binance, Richard Tang.

🪙 He noted that the crypto market has already gone through similar stress tests more than once and has shown the ability to recover.

Binance recorded liquidations worth $334 million over the past 24 hours, which is common for medium-term corrections.

📊 Despite breaking through the $90,000 level, the current decline remains relatively moderate compared to previous cycles.

In past bear markets, BTC lost from 70% to 90% of its value, while in the current cycle, the maximum correction was about 25%.

↗️ The current correction in the crypto market is within historical norms

Crypto analyst Dan Gambardello recalled the scenario when the BTC price crashed in July 2024.

While many observers feared that the cryptocurrency would continue to fall, the situation has changed. BTC reversed the trend and began a bullish rally that led to an all-time high of over $100,000.

According to the expert, despite the prevailing discontent among retail investors on social media, mainstream investors argue that the market is optimistic.

📊 He also referred to previous BTC pullbacks before the rally to $69,000, showing how far the cryptocurrency has retreated, sometimes losing up to 50% of its value before recovering.

🤑 Ethereum Pectra Upgrade Could Set the Stage for Next Rally

According to an analyst at IntoTheBlock, the upgrade scheduled for March 5 could help ease long-term selling pressure.

“By reducing consensus overhead and increasing L2 scalability, it will expand the overall network capacity, thereby increasing its competitive advantage,” the expert said.

Also, Ethereum Improvement Proposal (EIP)-7251 will increase the validator staking limit from 32 ETH to 2,048 ETH, making it easier for validators to pool their earnings.

↗️ A more than 32% monthly correction could mean that ETH is already poised for the next leg of growth based on the fractal patterns of the 2017 cycle.
🔷🔷🔷

✏️ New York City Mayor: New York City Will Become the Crypto Capital of the World

▪️Our priority is not memes and hype, but sustainable and long-term values ​​of blockchain technologies that will benefit the city and its residents.

▪️Cryptocurrency, blockchain, fintech — New York is open to those who move these areas forward.

▪️We are already living in the era of a technological revolution. This is not a distant prospect — this is our reality.

▪️Our goal is to build a real empire here in New York, especially in the crypto sector.

▪️Since the first day of my work, I have been striving for one thing — to make New York the crypto capital of the world.

▪️We will attract global talent, create financial opportunities for the unbanked, and improve access to public services.

▪️The city will provide a robust regulatory environment that investors can confidently enter.

▪️Regulation is important for security, but we will not allow excessive restrictions to stifle crypto innovation.

💎 Ethereum Overtakes Bitcoin

After the tariff announcement, both cryptocurrencies initially declined, but then stabilized at $103,000 and $2,400.

📊 Capital rotation is observed: BTC dominance fell below 63%, and altcoins, especially ETH, are starting to outperform.

QCP Capital analysts note Bitcoin's contradictory position between the status of "digital gold" and a risky asset, which prevents a clear trend.

💡 At the same time, Ethereum shows clearer dynamics: neutral funding and growth above $2,400 amid the Pectra update.

Renewed interest in long-term ETH options may signal a capital flow.

📌 Fed: Stablecoins Could Hurt the Credit System

The Federal Reserve’s Depository Institutions Council (CDIAC) said the rise of non-bank stablecoins poses a serious threat to the traditional banking sector.

Key concerns:

– Stablecoins are becoming digital analogues of money market funds, which have already radically changed the financial system in the past

– They compete with bank deposits, but are not subject to the same liquidity rules and regulatory oversight

– This could destabilize local credit mechanisms, especially in small towns and among vulnerable groups

To sum up, the Fed fears that stablecoins could quietly destroy the foundation of traditional lending.

📌 Bitcoin is becoming a "mature" asset
(Even taking into account today's fall)

Analyst Willy Woo noted: since funds and large players started buying BTC (since 2020), its growth has slowed. Previously - more than 100% per year. Now - 30-40%. And in 10-20 years, it may be only 8% per year.

What does this mean:
◾️ Bitcoin is no longer a tool for hype and X
◾️ It is turning into "digital gold" - a stable asset for years
◾️ Ahead is not waves, but a plateau

Woo: "We are leaving the Wild West phase. The maturity phase is beginning. And this is normal."

Conclusion: speculators are bored, long-term investors are calm.

🎙 David Sachs: The Stablecoin Bill Will Definitely Be Passed!

Sachs is the person responsible for the White House administration's policy on artificial intelligence and crypto.

What is this bill about:

◾️ The US Treasury will be given the authority to block suspicious transactions, and issuers will have to have mechanisms to freeze transfers

◾️ Stablecoin issuers with a capitalization of up to $10 billion will be regulated by states, large ones - by federal authorities, but may remain under government supervision if conditions are met

◾️ Stablecoins will have to be backed by liquid assets (cash, deposits, and US government bonds)

◾️ Stablecoin issuers will be required to publish monthly reports on liquidity and reserve composition

📌 Bitwise believes that the adoption of the bill will trigger a multi-year bull cycle in the crypto market.

🏦 By 2045, 50% of BTC will be in the hands of treasury structures

By 2045, treasury firms (such as MicroStrategy, Metaplanet, and XXI) are projected to own half of all bitcoins — 10.5 million out of 21 million.

🪙 MicroStrategy will remain the leader, with $70 trillion worth of bitcoins in its hands — more than any other company in history.

This means that the share of ordinary investors and private companies will rapidly decline. BTC is becoming an asset not only for the masses, but also for global corporations.

☄️ SOL Strategies to Raise $1 Billion to Buy Solana Tokens

The company is a publicly traded Canadian investment fund focused on infrastructure and strategic investments in the Solana ecosystem.

The capital will be raised over 25 months through the issuance of shares, bonds, and other securities.

‼️ WSJ: US-China Trade Truce at Risk of Collapse

◾️ Beijing is refusing to fulfill some of the agreements on rare earth metal export licenses needed for the auto industry and chips.
◾️ China had previously promised to speed up the issuance of these licenses in exchange for a 90-day suspension of the tariff war.
◾️ However, after the US ban on the supply of AI chips to Huawei, Beijing changed its position.
◾️ Donald Trump said: "China has completely violated our agreement."
◾️ The US has strengthened export controls on technologies, including components for the Chinese C919 airliner.
◾️ Tariffs on pharmaceuticals and possible revocation of visas for students from China are expected soon.

💵 Stablecoin Market Cap Reaches All-Time High

According to CoinGecko, the market cap has surpassed $250 billion.

🏆 Two stablecoins dominate the market, accounting for a significant share of the total cap:

🔖 USDT: Ranked #1 with a market cap exceeding $153 billion. This represents approximately 61.2% of the total stablecoin market cap.
🔖 USDC: Ranked #2 with a market cap exceeding $61 billion.

Exceeding the $250 billion market cap of stablecoins is a major milestone for the cryptocurrency industry.

💬 This indicates the growing maturity and acceptance of stablecoins as a key element of the financial system of the future.

💰 Metaplanet Increases BTC Accumulation Goal to 100,000 BTC

The CEO of Metaplanet has announced a revision of the company's plans: instead of 21,000 BTC by 2026, the goal is now 100,000 BTC.

™ Metaplanet currently has 8,888 BTC, and to reach the new goal, it will need to buy another 91,112 BTC worth $9.4 billion.

The head of the company noted that the global economy is moving to a model based on information technology, and traditional "safe assets" are losing their appeal.

📔 For purchases, Metaplanet will issue 555 million new shares, in addition to the already planned 210 million. By 2027, the company intends to own 210,000 BTC (1% of the total supply), joining the "1% Club".

Top 3 Cryptocurrencies That Whales Bought This Week 🪙

🔵 CAKE. Addresses holding between 10 million and 100 million CAKE bought 710,000 tokens in a week. The increase in activity is associated with a possible listing on Coinbase. On June 4, the exchange confirmed the inclusion of CAKE in the asset roadmap.

🔵 DOGE. Net inflow in the large holders segment has grown by 112% over the past 7 days. A sharp increase in this indicator signals significant accumulation. It indicates growing confidence and a positive outlook for the asset.

🔵 OP. On-chain data shows that whales holding between 1 million and 10 million tokens bought an additional 17 million OP tokens during this period. These investors now hold 965 million OP tokens. This is the maximum balance in the last week.

‼️ Israel Attacks Iranian Nuclear Facilities — Markets Shocked ‼️

Overnight, Israel launched about 300 strikes on Iranian military and nuclear infrastructure. The goal is to stop Tehran's nuclear program.

Statements from both sides:
— Iran: "The Israeli regime should expect severe retaliation"
— Israel: "The operation will last as long as necessary"
— US: "We will protect Israel if Iran responds" — Trump

At the same time, the US denies involvement in the attack.

📉 Markets:
— BTC falls to $103k
— Altcoins are down
— Gold goes to ATH
— Oil rises, $74

◾️ Crypto reacts, like other risky assets
◾️ The region is escalating — this threatens the global economy

😯Everyone is frozen in anticipation of a response from Iran. 😯

⚡️ TRON to go public via merger with SRM Entertainment

The move could provide Tron Inc. with up to $210 million in token assets. The deal was arranged by Dominari Securities, a firm based in Trump Tower.

💡 This comes after the SEC paused its fraud case against Justin Sun to discuss a settlement.

Eric Trump is expected to take a senior role at the company.

💰 Sun previously invested $75 million in Trump’s crypto project, World Liberty Financial, which recently launched a stablecoin on the TRON blockchain.

TRON going public could be a powerful catalyst for the entire crypto industry. The move opens up new horizons for Web3 by offering institutional players a legitimate entry point into the ecosystem.