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Conviction was not shaken since 2022, you think this has come without reason? guys I do not post anything without reason here unless I am drunk. Which I am not atm. There's a place to forecast then there's a place to follow trend and play levels. The best I can do now is be transparent as I can be no matter if I get hate and follow the trend. Things can go better, bring it-reclaim 95 and I am all ears but until then the weekly trend is down and its not good. the 3 week trend has been cycle support and we still have it but structure has now changed. I much rather say it now than 3 months from now. People not liking what I have to say now or the charts I put out could feel way worse by not at least looking at them now in a few months. There's value in charts- bullish or bearish. This is normally realized when its too late. I will wait and play the bounces best I can. Its oversold- major cycle support is still holding yes! however weekly has flipped where it has not flipped before in this cycle without going in a 6 month range. So Bounces it is for me for NOW. I myself will continue to try and increase my coin value- when the market turns then I will be ready for it. I owe that to myself, trust me when I say I know how it feels to get stuck but at the same time it can get way way worse in that stuck position. If you let your bias take control. You know so many traders on here flip every other day, I don't flip for years, when I do for valid reasons its like I committed murder. I hate it myself- I had a fight with family members this morning, I have dms I constantly try and answer, same goes for comments- I do this at times without even taking opportunities in the markets or neglecting my own risk management as this takes time. I rarely get sleep, I feel all the pain just as the guy next to me. At the end of the day I am proud of what I have achieved here up to this point, I am proud of the people I have helped. I apologies if I was not clear in the past, I feel I have been as much as I could. I will keep on keeping on even if alts have been super disappointing up to this point- I still have some hope left but I will follow what I see. I suggest you follow what you think is best for yourself. I know its not nice seeing me lean bearish, but I much rather be honest than hide things until it truly is too late where I will feel guilty not saying what I thought at the time. There's no gratification in this from me, no satisfaction with leaning bearish- I hate it

On January 21, 2025, the U.S. Securities and Exchange Commission (SEC) announced the creation of a new Crypto Task Force, aimed at developing a clearer regulatory structure for cryptocurrency assets. Many in the crypto industry expect this step to bring more guidance for digital assets. The task force is under SEC Commissioner Hester Peirce and reflects stronger regulatory control for the crypto space under Acting Chairman Mark T. Uyeda. In a new update, Peirce revealed the full roster of the Crypto Task Force , which will give the SEC expert advice on digital asset policy. She said the members bring broad knowledge and a drive to find practical solutions. The group includes advisors from multiple SEC divisions. Leading roles are: Related: Trump’s Crypto Reserve vs. US Data: Will This Week’s News Drive Bitcoin? After the announcement of the new Task Force, the SEC and Binance jointly requested a 60-day pause in the SEC’s lawsuit against the crypto exchange, citing the possible effects of the Task Force. What followed was surprising. The SEC dropped cases against ConsenSys, Tron, and Gemini. On February 21, Coinbase CEO Brian Armstrong shared that the SEC had agreed to drop its lawsuit against Coinbase. Robinhood also revealed that the SEC had officially closed its investigation into the company’s crypto operations without filing any charges. Related: President Trump to Speak at First-Ever White House Crypto Summit on March 7 These moves mark a major step forward in the SEC’s approach to digital asset regulation, with the task force expected to play a pivotal role in shaping the future of cryptocurrency laws and policies. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

David Sacks, recently appointed by Donald Trump as “crypto czar and artificial intelligence czar“, confirmed that he sold all his crypto assets before taking office. This decision is aimed at avoiding any conflict of interest as he is about to play a key role in American technological regulation. David Sacks recently confirmed that he liquidated all of his cryptocurrency holdings before the administration began. In a message posted on March 2 on X, Sacks stated: “I sold all my cryptocurrencies (including BTC, ETH, and SOL) before the administration began.” This decision aims to avoid any potential conflict of interest in his new governmental roles. As the “crypto czar“, Sacks is tasked with guiding government policies with his shocking vision , in order to maintain American competitiveness. Before his appointment, David Sacks was an active investor in the crypto sector. His investment fund, Craft Ventures, invested in companies such as Bitwise Asset Management and the cryptocurrency custodian BitGo. However, according to a source close to the matter, Sacks and his company sold their direct holdings in cryptocurrencies shortly after Trump’s inauguration. Sacks’ decision to divest from his cryptocurrency holdings before taking office reflects a desire for transparency and integrity in carrying out his new responsibilities. This approach aims to ensure that the policies he proposes will be perceived as impartial and focused on the public interest, without influence from his past personal investments. Especially since Donald Trump just announced a crypto reserve in the United States. Indeed, on March 2, 2025, Trump announced the creation of a “Strategic Cryptocurrency Reserve” including XRP, SOL, ADA, Bitcoin, and Ethereum, aimed at strengthening the crypto industry in the United States after the “corrupt attacks” of the previous administration. This decision sparked market enthusiasm, causing prices to soar. David Sacks’ appointment combined with his decision to sell his crypto holdings highlights the Trump administration’s commitment to promoting technological innovation while maintaining high standards of ethics and transparency. Especially since Sacks recently announced the end of restrictions in the United States.

Trump to Host Crypto Summit to Hash Out Crypto Regulations Come 7 March, President Donald Trump will play host to the first-ever White House Crypto Summit, connecting industry leaders, investors, and members of the President’s Working Group on Digital Assets. The event will be led by White House AI & Crypto Czar David Sacks and Bo Hines, the executive director of the working group, with Trump delivering remarks at the inaugural gathering. Sacks, a South African-American venture capitalist, was appointed to the newly created AI & Crypto Czar position in December, signalling the administration’s commitment to the sector. Since taking office, he has prioritised key initiatives, including evaluating a US Bitcoin strategic reserve, developing a stablecoin regulatory framework, and pushing for updated SEC guidelines that favour crypto innovation. President Trump will host the first White House Crypto Summit on Friday March 7. Attendees will include prominent founders, CEOs, and investors from the crypto industry. Look forward to seeing everyone there! pic.twitter.com/PEynzDuAOt — David Sacks (@davidsacks47) March 1, 2025 The release said: "Attendees will include prominent founders, CEOs, and investors from the crypto industry, as well as members of the President's Working Group on Digital Assets." The White House has not disclosed the full list of summit attendees but emphasized in a press release that the administration is focused on establishing clear regulations while fostering innovation and economic freedom. The summit follows Sacks’ recent public remarks alongside congressional leaders, marking his first major address as Trump's crypto policy chief. He noted at press conference: "We want to keep that innovation onshore in the US. Financial assets are destined to become digital, just like every analog industry has become digital, and we want that value creation to happen in the United States, rather than giving it away to other countries." Current Administration Takes Jab at Former Administration The administration also condemned its predecessor for what it described as the unjust targeting and prosecution of the digital asset industry. The press release stated: "After the previous administration unfairly prosecuted the digital asset space, President Trump's policy vision represents a new era for digital financial technology. The administration is committed to providing a clear regulatory framework, enabling innovation and protecting economic liberty." Crypto Summit News Leaves Bitcoin Maxis Unimpressed Reactions to the summit were mixed within the crypto community, with some still recalling the high-profile ‘Crypto Ball’ in Washington, D.C., held before the inauguration. That event coincided with the launch of Trump’s meme coin, which briefly surged to a $14.5 billion market cap before plummeting by two-thirds, leaving many small traders at a loss. Longtime Bitcoin holder and Austrian economist Carl Menger voiced his frustration. Fuck them Crypto. Disgusting Shitcoin show. — Carl ₿ MENGER ⚡️🇸🇻 (@CarlBMenger) March 1, 2025 Meanwhile, the Bitcoin Therapist championed Bitcoin as the preferred alternative. Just say Bitcoin, it’s honest and more transparent. 99% of crypto are online gambling tokens with no purpose or utility. — The ₿itcoin Therapist (@TheBTCTherapist) March 1, 2025 Others, however, simply urged the president to avoid launching another meme coin. Ultimate Goal to Propel America to be the Global Leader in Crypto In a late Friday statement, the White House reaffirmed Trump’s commitment to becoming “America’s first crypto president” by establishing a clear regulatory framework that fosters innovation while protecting economic liberty. The administration criticised its predecessor for what it called unfair prosecutions of the digital asset industry and pledged to end regulatory uncertainty. The announcement follows Trump’s executive order creating an internal working group, chaired by Sacks, to position the US as a global leader in crypto. The group will focus on regulating a national crypto stockpile and developing a stablecoin framework. The order also repeals a directive from former President Joe Biden that sought to establish its own crypto regulations and explicitly bans the creation of a US central bank digital currency (CBDC). Will this summit finally bring long-awaited regulatory clarity, or will key questions remain unanswered?

$WEMIX reports $8.65M Play Bridge exploit WEMIX has reported a malicious attack on its Play Bridge Vault on February 28, 2025, leading to the unauthorized withdrawal of 8,654,860 WEMIX coins. In response, the team immediately suspended the service, blocked attack routes and initiated an investigation in collaboration with security firm Theori. According to an official announcement, Play Bridge and Swap services remain suspended until stability is ensured.