Shiba Inu forms first 2025 golden cross

Shiba Inu saw an 85% rise following the last golden cross occurrence. 

• Technical signal. SHIB 50-day MA crossed above the 200-day MA, creating its first daily golden cross this year.

Shiba Inu has formed a golden cross on its daily chart, the first such occurence in the year 2025, as SHIB saw a death cross on its one-day chart in February this year. The short-term moving average 50 has crossed above the long term moving average 200, resulting in a bullish golden cross.

• Significance. Bullish signal suggests potential upside, though market context remains cautious.

While Shiba Inu has formed moving average crossovers on the hourly or 4-hour time frames, the newly created golden cross is the first such on the daily chart this year. With this newly created bullish signal on the Shiba Inu charts, the market awaits where the dog coin will go next.

The broader cryptomarket is seeing continued profit taking, with major cryptocurrencies reversing early gains. Shiba Inu fell for three straight days from Aug. 22, when it saw a sharp rise from $0.000012 to $0.0000135. The drop hit a low of $0.00001183 from where Shiba Inu sharply rebounded in yesterday’s session.

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XRP whales dumping tokens amid $3 struggle

Recent data shows that distribution is currently taking place as XRP is struggling to reclaim the $3.

• Whale activity. CryptoQuant analyst Maartunn reports heavy XRP whale distribution, with flows flipping negative on-chain.

The chart shared by the analyst shows that whale flows on the XRP Ledger recently flipped into negative territory. According to Maartunn, a pseudonymous cryptocurrency analyst at CryptoQuant, XRP whales are currently in the process of heavily offloading their tokens. 

• Historical context. Similar sell-offs earlier in 2025 coincided with a local peak and sharp correction.

 A similar pattern, for instance, could be seen in early 2025, when the price of the token reached a local peak. This coincided with sustained whale distribution. Of course, the XRP token suffered a major correction back then. 

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Ripple CEO flaunts new Gemini XRP card

Brad Garlinghouse has posted a photo of himself rocking the new XRP card.

• Ripple CEO joins in. Garlinghouse showcased his card on social media.

Brad Garlinghouse, the CEO of Ripple, recently took to the X social media to show off his new XRP card. Gemini released its XRP credit card on Monday. The card, which offers up to 4% cash back on various products and services, was released due to the price massive gains recorded by the XRP token, Gemini says. 

• Community reaction. Despite the hype, reception among XRP holders was lukewarm.

However, the product received rather tepid reactions within the XRP community, with many claiming that it failed to live up to the hype that the exchange was trying to generate prior to the announcement. Gemini has had XRP awards with its ordinary rewards for months, meaning that the new product does not bring anything particularly novel to the table.  Some XRP holders have also criticized the fact that the new card is available only in the U.S. 

Gemini CEO Tyler Winklevoss has said that the exchange is going to give Ripple Garlinghouse “the whale limit” on his XRP card. “I’m told he’s good for it,” he quipped.  David Schwartz, chief technology officer at Ripple, has also posted his XRP rewards card that he was holding while wearing an XRP shirt and belt as well as drinking at XRPresso. 

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Bitcoin sees 1,530% liquidation imbalance as longs crushed

Bitcoin price triggers abnormal 1,530% liquidations imbalance in just four hours. 

Bitcoin’s latest derivatives data by CoinGlass shows an unusual tilt in liquidations, with the past four hours producing a total of $5.62 million in positions that received margin calls. The split is the main thing here, as about $5.28 million in longs were squeezed out compared to just $345,000 in shorts, which works out to an imbalance of as much as 1,530%.

This shakeout was caused by Bitcoin moving between $111,000 and $111,300, with the price failing to hold early gains and sliding back toward the lower band of that range. A lot of accounts that were ready for a rebound were hit when they were not expecting it.

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Peter Brandt names key level for Bitcoin

Top trader Peter Brandt claims that Bitcoin (BTC) is facing a potential double top.

• BTC alert. Peter Brandt warns BTC bulls must reclaim $117,570 to avoid a “potential” double top.

Legendary trader Peter Brandt claims that Bitcoin bulls desperately need to reclaim the $117,570 level in order to avoid a “potential” double top. The leading cryptocurrency is currently changing hands at $111,794 after dipping to an intraday low of $100,381.

During the weekend, a Bitcoin whale liquidated a total of 24,000 coins that were worth more than $2.7 billion. It is believed that the massive crash was the key reason why the price of the leading cryptocurrency has now collapsed by $4,000 in mere minutes. 

• Reactions. Adam Back called the sell-off “clumsy.”

Blockstream CEO Adam Back described this kind of activity as clumsy. “Normally, people with that kind of money would be smarter,” Back said.  Even though some market participants have downplayed the importance of the massive whale move, Brandt insists that it should not be dismissed since it represents supply.  As noted by Brandt, market tops tend to be created by supply or distribution. 

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Billionaire Warren Buffett has funneled $305.5 billion into a safe-haven asset class, while slashing stakes in banking giants Citigroup, Bank of America, and Capital One.

New U.S. Securities and Exchange Commission (SEC) filings show Berkshire Hathaway’s  holdings in short-dated Treasuries increased from $286.472 billion in Q4 2024 to $305.501 billion in Q1 of 2025 – a 6.64% increase in three months.

According to the filing, Buffett has allocated most of the firm’s cash reserves to US Treasuries as of Q1 2025, followed by investments in equity securities at $263.735 billion. Berkshire also has a $36.892 billion cash position as of last quarter, which ended in March.

Data from the Treasury Department shows Berkshire’s trove of US debt is large enough to surpass Taiwan’s holdings at $297.8 billion. If Warren Buffett’s investment firm were a nation, it would be the 11th-largest foreign holder of Treasury Securities, just behind France’s $363.1 billion, Ireland’s $329.3 billion and Switzerland’s $311.6 billion holdings.

Berkshire’s push for yield on its cash comes after the firm offloaded $3.23 billion worth of shares in three US banking giants last quarter.

Filings show that the investment firm fully exited Citigroup after dumping its remaining shares worth $1 billion.

The firm also sold 48.7 million Bank of America shares worth about $2.19 billion, and cashed out 300,000 shares in Capital One, which were worth roughly $46.489 million.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Binance has banned another market maker and frozen its assets after identifying certain irregularities.

The top global crypto exchange didn’t identify the market maker but noted that it operated for the Ethereum (ETH)-based layer-2 project Movement (MOVE).

Movement uses Move, a programming language originally built by a consortium backed by tech giant Meta for the now-defunct Diem project. The language was then used to develop layer-1 blockchains Sui (SUI) and Aptos (APT).

The project’s native token launched via Binance’s Airdrops Portal in December, but the exchange says that after MOVE was listed, the now-banned market maker sold approximately 66 million MOVE tokens on December 10th, with few buy orders. The market maker ended up netting a profit of $38 million worth of the stablecoin USDT before being offboarded last week.

Binance notified the Movement teams and froze the market maker’s proceeds to compensate users.

The exchange also notes the market maker was associated with another entity it banned earlier this month. The name of the other banned market maker also wasn’t disclosed, though Binance said it operated as a liquidity provider for the decentralized security layer GoPlus Security (GPS) and the AI consumer project MyShell (SHELL).

MOVE is up nearly 24% in the past 24 hours. The 77th-ranked crypto asset by market cap is trading at $0.546 at time of writing.

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XRP’s price movement over the past two weeks has been characterized by sharp fluctuations that have kept traders on edge. The token briefly plunged below $2 before staging a rapid recovery that saw it climb as high as $2.8, all within just a few days. 

This interesting price action is an extension of the entire crypto market, which ended February on a crazy decline before bouncing back in early March. This bounce back was sparked by Donald Trump’s hinting about a crypto reserve in the US. However, on-chain data shows that the surge has been met with an equally dramatic sell-off by large holders.

Trump’s Crypto Announcement Causes XRP Price Surge

XRP enjoyed a sudden upward jolt following a surprise announcement by Donald Trump on Sunday, March 2. The US president revealed plans for a US Crypto Strategic Reserve that would include XRP alongside Bitcoin, Ethereum, Solana, and Cardano. The prospect of government-backed crypto reserves fueled a buying frenzy across the entire market. XRP registered an intraday rally of over 30% after Trump’s statement, briefly pushing its price towards the $3.00 mark​ again. 

However, the celebratory mood proved short-lived. Within a day of the announcement, XRP gave back a chunk of its gains as sell orders flooded the market. After peaking above $2.8 during the Trump-fueled rally, the price quickly retreated by about 10%. By Tuesday, the asset was trading in the mid-$2 range again.

Interestingly, on-chain data shows that whale investors (those holding massive positions) have unloaded record amounts of the token in the wake of the rally. Miles Deutscher, a crypto market analyst, highlighted the trend on X (formerly Twitter) with a stark observation using data from the on-chain analytics platform CryptoQuant.

Deutscher’s post was accompanied by a chart pointing to heavy profit-taking by whales, and he described the market’s behavior as a textbook distribution phase. 

The Altcoin In The Distribution Phase

A distribution phase is a period when early investors cash out en masse following a strong rally. In the case of XRP, early investors are those who bought the token during its multi-year bear rut under $0.5. This is based on a momentum that had been growing since late 2024, which saw the altcoin climb more than 500% from roughly $0.55 in early November to over $3 by January 2025.

As shown by the chart above, whales have been selling for a while and continue to do so after the recent Trump-induced rally. Particularly, the CryptoQuant chart shows negative whale flows peaking at over 180 million XRP in early March, which is its highest level in years. 

Interestingly, exchange data shows a concurrent jump in supply on trading platforms. Binance, for example, has seen its XRP reserves spiking from 2.72 billion to 2.90 billion tokens in recent days.

At the time of writing, the token is trading at $2.46 and is starting to recover towards $3 again.

Featured image from Medium, chart from Tradingview.com

A Binance spokesperson has clarified that rumors suggesting that the company was dumping some of its crypto holdings, including Ethereum and Solana, are simply untrue.

These rumors started doing the rounds on social media almost immediately after the Bybit hack. Speculations suggested that large crypto firms, including Binance, caused the recent market sell-off by aggressively selling and reducing the size of their holdings.

They are misunderstanding what Binance does as an exchange, which is we simply help users match trades – Binance

Binance’s clarification could be one of the reasons we’ve seen the market recover over the weekend.

There are still reasons to worry about potential liquidation, though, especially given the upcoming influx of Solana tokens from the FTX hack. Over 15M $SOL worth $2.5B are about to flood the market.

Still, expert analysis suggests that the coming week could see more buying pressure, as $BTC takes support on the 200 EMA. Combined with the long-term perspective being bullish, it could be worth investing in promising new presales that are showing a lot of investor interest.

1. Solaxy ($SOLX) – Solana Altcoin Capable of Boosting the Network’s Appeal

Solana has undoubtedly been one of the most talked-about blockchains in the last year thanks to its memecoin-friendly infrastructure.

It’s both fast and cheap, which has led to an increase in the number of meme coins on the network. Notable ones include $TRUMP, $BONK, and $MELANIA.

However, Solana’s rise to fame has birthed operational difficulties. The network stands overwhelmed by the sheer amount of transaction requests. This flooding of new investors on Solana has led to congestion and scalability issues, and transactions are failing to go through.

This is where Solaxy ($SOLX) comes in. Designed to be the first-ever Layer 2 solution on Solana, Solaxy will process transactions away from the network’s mainnet, reducing the burden on Solana.

Additionally, since $SOLX will carry out multiple transactions simultaneously, i.e., bulk processing, it will result in a reduction of the costs investors have to pay to go through with their transactions.

All in all, $SOLX isn’t just all fun and games. It’s a token with real utility, which is why it’s being considered the next 100x crypto. You can join Solana’s Solaxy-fueled growth by investing in the $SOLX presale. It has already raised over $24.5M, and each token is currently available for just $0.00165. Here’s how to buy it.

2. BTC Bull Token ($BTCBULL) – Support Bitcoin’s Growth and Become a Crypto Millionaire Yourself

Similar to how Solaxy could benefit from Solana’s growth, BTC Bull Token ($BTCBULL) is also designed in a way that it will bask in the success of a top cryptocurrency – Bitcoin.

That said, BTC Bull Token has enough tricks up its sleeves that differentiate it from just about every other meme coin on the market. For starters, it’s the only one that will distribute free $BTC among token holders.

$BTC airdrops will take place every time Bitcoin reaches a new milestone figure, such as $150K, $200K, and $250K. Even better, the airdrops will be automatic, meaning you won’t have to manually request them, as is the case with other projects. Just make sure you keep your $BTCBULL tokens in Best Wallet.

Additionally, the project has reserved a staggering 40% of the total token supply for marketing the token after its launch. This will draw more eyeballs to it, which, combined with its deflationary model, could skyrocket the token’s price.

Early investors, including those who get in now, stand to make the most of BTC Bull Token’s success. Join now for just $0.00239 per token.

3. Best Wallet Token ($BEST) – Native Crypto of the Best Crypto Wallet

With crypto adoption on the rise, the need for better security while storing and sending/receiving crypto has never been higher. Enter Best Wallet.

As one of the best crypto wallets, Best Wallet is not only highly secure but also super easy to use. For instance, by providing seamless access to over 60 chains, Best Wallet makes it possible to manage your entire portfolio from one place.

Speaking of its security, Best Wallet gives you complete control over your secret passkey. This means none other than you will be able to access your stored crypto. It also comes with advanced cryptographic techniques and 2FA/MFA, as well as third-party crypto insurance.

All in all, Best Wallet is destined for greatness. It has already amassed over 500K users and is well on its way to capturing over 40% of the non-custodial wallet market by 2026.

Like how you buy a company’s stock to invest in its growth, you can invest in $BEST to rally behind the wallet’s growth. $BEST is Best Wallet’s native cryptocurrency, after all.

Additionally, $BEST token holders will benefit from exclusive perks within the Best Wallet ecosystem. These include higher staking rewards, lower transaction fees, and the earliest access to the best new cryptos.

You can get 1 $BEST for just $0.024175 if you get in now. Overall, the $BEST presale has so far raised over $10.6M.

4. Rexas Finance ($RXS) – Unique Crypto Project Set to Increase Crypto’s Popularity

Rexas Finance is another crypto presale right in the sweet spot to benefit from increasing crypto popularity. With more and more investors looking at crypto as the next big thing, the demand for real asset tokenization is only going to soar higher. And that’s exactly what $RXS is meant for.

From gold and art to commodities and even real estate, Rexas Finance will provide holders with the ability to tokenize tangible assets. This one-of-a-kind crypto project will, therefore, leverage the power of blockchain tech to make investing more transparent, inclusive, and efficient.

The $RXS presale has sold over 454M tokens at the time of writing, garnering around $47M. Note that it’s nearing its end, so interested investors should hurry up and grab it while it’s available for a low price of $0.20.

Conclusion

Having pointed you towards the most promising new cryptos, we’d also like to mention that although the larger crypto market is expected to soar higher sooner or later, the ever-present volatility could mean you see some short-term red in your portfolio.

So, make sure you’re mentally prepared to stick with your investments for several months. Additionally, it’d be wise to only invest an amount you’re comfortable losing.

Last but not least, the above article isn’t a substitute for financial advice from a certified professional, so please do your own research before becoming a crypto investor.

Investing legend Warren Buffett has built a record $334 billion cash position at Berkshire Hathaway.

The firm’s new fourth-quarter and yearly earnings reports show Buffett continues to be a net seller of assets, with cash on hand rising from $325 billion at the end of Q3.

The firm’s Q4 sales include a whopping sell-off of 117 million Bank of America (BAC) shares, worth about $5.5 billion.

In his annual letter to shareholders, Buffett says despite the firm’s ongoing unload of equities, investors should not be concerned that Berkshire is hoarding too much paper money.

“Berkshire will never prefer ownership of cash-equivalent assets over the ownership of good businesses, whether controlled or only partially owned…

Despite what some commentators currently view as an extraordinary cash position at Berkshire, the great majority of your money remains in equities. That preference won’t change.

While our ownership in marketable equities moved downward last year from $354 billion to $272 billion, the value of our non-quoted controlled equities increased somewhat and remains far greater than the value of the marketable portfolio.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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