#TRUMP #Whale.Alert #TrendingTopic #ETH #SEC *đ MIDWEEK DIGEST: Ethereum Hits Lows, Whale Loses $308M, Trumpâs Bitcoin Reserve (again) and more...*
Big moves, bold bets, and some serious shake-ups in the market this week. From policy changes to high-stakes trades, here's what's turning heads in the crypto world:
*đč Ethereum Hits Multi-Year Lows*
Ethereum (ETH) continues to drop against Bitcoin (BTC), reaching its lowest point since 2020 at a ratio of 0.02281. Analysts warn of further declines, possibly up to 30%.
While Ethereum faces competition from rivals like Solana, Bitcoinâs dominance remains strong at 62.15%, leaving Bitcoin in control for now. Traders are cautious, considering shifts to stronger altcoins.
*đž Crypto Whale Liquidated for $308M in Ethereum Trade*
A crypto whale just lost $308M on a 50x leveraged Ethereum trade. Liquidated at $1,877, they had swapped all their Bitcoin for Ethereum, hoping for a big win. But with rising market volatility and global tariff concerns, the risk didnât pay off. Leverage trading is no joke.
*đ° Trumpâs Bitcoin Reserve*
Trump signed an executive order to create a Strategic Bitcoin Reserve, officially recognizing BTC as a key asset. But thereâs a catch â it only includes seized Bitcoin, with no new purchases. Markets dipped 5%, and debates sparked over its real impact. Smart policy or political move?
*đ SEC Mulls Dropping Crypto Exchange Rule*
The SEC is reconsidering a rule that would force crypto firms to register as exchanges. Acting Chair Mark Uyeda has asked staff to explore scrapping the proposal, reflecting a shift towards a more crypto-friendly approach.
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