The Crypto Minute

Welcome to a new issue of Crypto Minute by CoinBrain!

Phew, what a week, huh?

First it looks like the 🐻 market is upon us and suddenly Trump drops the strategic reserve bomb - truly a wild ride.

But worry not, whatever confusion you have about the market, we are here to make all clear 🌈 ☀️ 

📊 Market Snapshot

📅 Crypto Events You don’t want to Miss

Mark your calendar, this Friday, March 7, is a big day for macroeconomic data and the strategic crypto reserve. We could expect some major moves.

Here’s what’s on the radar:

📌 The White House Crypto Summit (Whole day)

Crypto industry leaders gather in the White House to discuss the future of the field, regulation, and the strategic crypto reserve.

📌 1:30 PM (UTC) - US Labor Market Data Drop

Three major indicators will be released at the same time, each providing insight into the health of the US job market:

• US Average Hourly Earnings (monthly) – If wages rise too fast ⬆️ , the Fed might maintain high interest rates, pressuring risk assets like crypto 📉 

• US Non-Farm Employment Change – Weak job growth could fuel expectations of Fed rate cuts, potentially boosting crypto prices 📈

• US Unemployment Rate – A lower-than-expected rate signals economic strength 💪 , while a higher rate could mean potential Fed intervention.

📌 5:30 PM (UTC) - Fed Chair Powell Speaks

After the labor market data drops, all eyes will be on Jerome Powell’s speech. If the numbers show persistent inflation risks, he might reinforce a hawkish stance.

⬆️ Higher interest rates = 📉 Worse for crypto

But if signs of economic weakness emerge, the market might speculate on rate cuts, fueling risk-on sentiment.

He might also talk about the newly proposed crypto strategic reserve, hopefully providing some detail, but more on that later.

🐋Smart Money Tracker

Tuesday, Feb 25th: After the market drop, a whale who shorted $ETH at $3,220 with 50x leverage had an unrealized profit of over $58M! 💥 

Damn, this person has to be scared of green candles like a vampire of a cross 🧛 

Wednesday, Feb 26th: The $LIBRA and $MELANIA insider team seems to be laundering funds.

They spent $2.76M worth of $SOL to buy a memecoin ($POPE) with a market cap of less than $150K, and sold it for 175 $SOL($24K), losing $2.73M!

That $2.73M was effectively funneled to other wallets in a "legal" manner.

Friday, Feb 28th: Continuing market drop makes many whales capitulate positions as their liquidation price nears.

This whale, for example, has already $17M million at this time, with the liquidation price being $68,839.

Saturday, Mar 1st: On this day, 5 whale accounts unstaked 5.52m $SOL ($810M) and 3.54M $SOL was deposited into Coinbase Prime

Sunday, Mar 2nd: After Trump's executive order (read below ⬇️ ), a whale is rushing to close $XRP short position and added 8M $USDC in margin to avoid liquidation.

Currently, their 20x leveraged short $XRP position still has a loss of more than $4.6M.

Monday, Mar 3rd: A whale sold $PEPE and $BEAM at a loss of over $14M, then bought 5.35M $ONDO($6.26M)!

The whale spent $9.18M to buy 261.6B $PEPE and sold for $2.12M, losing $7.05M!

The whale also spent $11.11M to buy 531.7B $BEAM and sold for $4.1M, losing another $7.01M!

Then they spent 6.26M $DAI to buy 5.35M $ONDO.

Source: Lookonchain

🌍️ Story of the Week

Trump's Strategic Reserve Sends Markets Soaring 📈 

President Donald Trump made the crypto world excited this Sunday by announcing plans to create a U.S. "Crypto Strategic Reserve."

In his announcement on Truth Social, Trump directed his Presidential Working Group to "move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA."

In a follow-up post, he clarified that Bitcoin and Ethereum would be "at the heart of the Reserve".

The market response was immediate and dramatic 🚀 :

• Bitcoin surged beyond $94,000, trading up 8% over 24 hours

• Ethereum jumped 9.6% to $2,440

• Cardano (ADA) skyrocketed 60.8% to $1.06

• XRP soared 24.5% to $2.80

• Solana gained 18.3% to $169.82

🔮 What Comes Next?

White House Crypto Czar David Sacks (yes, that's a real title now) teased there's "more to come at the Summit" on March 7th.

That's when all the crypto bigwigs will storm the White House like it's the final season of a Netflix political thriller.

Sacks, who used to HODL $SOL like it was his firstborn, made sure everyone knows he's sold all his crypto faster than you can say "conflict of interest." Sure, David, we believe you! 😉

🤔 What Would a Crypto Reserve Actually Look Like?

Picture this: Instead of Uncle Sam selling confiscated crypto at bargain prices (estimated $19B worth of Bitcoin!), he's now going to HODL like one of us!

The government becoming diamond hands? 💎 What timeline are we living in?!

It's like your anti-crypto boomer dad suddenly announcing he's converting his retirement fund to Dogecoin.

Times are strange, friends. Strange indeed. 🤯

🔒 Major Token Unlocks of the Week

• $NEXT - 3.78% of the total supply will enter circulation on Mar 05, 2025.

• $GAL - 1.26% of the total supply will enter circulation on Mar 05, 2025.

• $HFT - 1.67% of the total supply will enter circulation on Mar 07, 2025.

• $ATA - 1.47% of the total supply will enter circulation on Mar 07, 2025.

• $HyPC - 1.87% of the total supply will enter circulation on Mar 08, 2025.

All unlock details here.

🗞️ From our Blog

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and not investment advice or a solicitation to buy or sell any assets or make financial decisions. Always do your own research and stay safe out there.