UAE mined Bitcoin worth $454 million
The United Arab Emirates, through partners like Citadel, mined Bitcoin worth about $453.6 million. According to Arkham data, the last large sales happened four months ago, and most of the coins are still being held.
If energy costs are not counted, the current profit from mining is estimated at around $344 million.
People in the community are saying this strategy may show a plan to hold Bitcoin for the long term. The high estimated profit also shows that mining in places with cheap energy is still profitable.
🔥 $XRP ALERT — Sellers Taking Control!
XRP just printed a lower high at 1.49 and rolled over hard. Bears are on the hunt, breaking 1.44 → 1.42 with increasing momentum. The recent bounce from 1.38? Weak. Corrective. Nothing more.
Trading Plan — Short $XRP
Entry: 1.40 – 1.43 (intraday pullback)
SL: 1.50 (keep above this and watch bias shift)
TP1: 1.35
TP2: 1.32
TP3: 1.28
On the H1 chart, structure is screaming bearish — lower highs, lower lows, sellers in full control. Any retracement into 1.40–1.43? Perfect continuation entries, not reversals.
Keep eyes on 1.50 — reclaim it, and the bearish thesis fails. Otherwise, momentum points down, and liquidity targets sit at 1.38 and 1.32.
Step in now, trade smart, and ride the trend before it’s gone. 🚀
{spot}(XRPUSDT)
#xrp #Xrp🔥🔥 #bearishmomentum #TrendingTopic
Here's what happened in crypto today. FOMC Minutes, the CLARITY Act, and more.
Let's get into it.
First, the FOMC Minutes dropped and they were mildly hawkish.
The market took it as confirmation that rate cuts are not coming in March.
The CME FedWatch Tool now shows less than 6% odds for a March cut.
Bitcoin extended its weekly losses to 7%.
From Sunday's peak near $71,000, it dropped to a low of $65,800.
Right now, the broader market is still in extreme fear.
Ethereum is barely holding $2,000, down 10% on the week.
Solana dropped 4% today, down 11% weekly, but holding $80.
XRP got hit hardest, down 15% since February 15th and now below $1.50.
All eyes now turn to Friday's PCE inflation data.
If inflation prints hot, expect more downside.
If it cools, we could see some relief heading into the weekend.
Now, the other big story.
The Federal Reserve just endorsed prediction markets.
A new Fed study on Kalshi says these markets provide real-time tracking of expectations.
In some cases, they are even better than traditional surveys and polls.
The Fed specifically called out Kalshi for inflation, unemployment, and GDP data.
This is a major endorsement from the government.
The catch? The CFTC and state regulators are still fighting over who oversees this space.
That battle remains a threat to full development.
That's what happened in crypto today.
#fogo $FOGO @fogo
I don’t get excited about every new chain anymore. I’ve seen too many launch with big promises and strong momentum, only to lose steam once the hype fades. So with Fogo, I’m taking my time.
The focus on speed and better trade execution does make sense. Anyone who’s tried trading during peak traffic knows how annoying delays and failed transactions can be. If they can genuinely improve that, it’s worth paying attention to.
But what really matters is what happens later. Are devs still building months down the line? Are users still active when rewards slow down? That’s usually when you find out what’s real and what was just noise.
For now, I’m watching. Sometimes in crypto, the best move isn’t jumping in it’s waiting and seeing.
$TAO /USDT (REVERSAL WATCH – Oversold Bounce Setup)
Current Price: ~$175.4
Entry Zone: $174.80 – $176.20
Stop Loss: $169.80
TP1: $182.40
TP2: $188.60
TP3: $196.20
Note ; Must read 👉 TAO is sitting near local lows around $173.5 with RSI deeply oversold on the 1H timeframe. Price is trading below the major MAs, showing short-term bearish pressure, but this is also where relief bounces typically start. A reclaim above $182 could trigger momentum toward the 50/100 MA cluster.
Risk management: use max 10x leverage, risk only 1–3% of your wallet per trade, don’t counter-trend aggressively without confirmation. DYOR crypto is highly risky, don’t invest what you’re not willing to lose.
Trade $TAO here 👇
{future}(TAOUSDT)