6h Crypto Recap: Bitcoin, Ethereum, Binance, Vietnam, China — Risk on
#Vietnam lawmakers are weighing a draft policy that would apply a 0.1% tax on crypto transactions. The proposal is framed as part of a broader regulatory approach to digital assets.
#China has intensified actions tied to crypto access and promotion. Reports highlight more blocking and enforcement pressure around crypto-related activity.
#China authorities also moved against fake AI tools branded as “ChatGPT” and “DeepSeek.” The crackdown targets scams and impersonation tactics that often overlap with crypto fraud channels.
#Trend_Research deposited 1.8B worth of #Ethereum to #Binance. The transfers drew attention due to the scale and the destination exchange.
Crypto startup funding activity continued despite the recent market drawdown. Investors reportedly put $258M into crypto startups during the period discussed.
#Coinbase data showed the “Coinbase premium” turning positive since mid-January. The metric is widely watched as a signal of US spot-market demand for #Bitcoin.
Most-discussed tokens: #Ethereum and #Bitcoin.
Price Swings, Forecasts, and Whale Signals to Watch Next
#Bitcoin rebounded above $70,000 after a sharp move that was described as roughly 15%. Options positioning was discussed as implying a newly feared downside “floor” level. ⚠️
#Bitcoin’s recovery was described as stalling near $72,000 into the weekend. The pause was framed as a key level traders are watching for continuation or rejection.
#Ethereum reclaimed the $2,000 level as broader majors stabilized. The move was discussed alongside renewed focus on exchange flows. ✅
#Ethereum faced renewed crash talk after the large #Trend_Research transfers to #Binance. The narrative centered on whether those deposits could precede additional selling pressure. ⚠️
#Ethereum whale behavior was highlighted as accumulation while MVRV stayed above a cited “bottom signal.” The read-through suggested some traders see improving risk-reward at current levels. 📈
#Strategy was discussed in relation to its #Bitcoin exposure and downside scenarios. One scenario cited $8K as a level that could force a sale. ⚠️
#Zcash was reported down about 60% amid a pause in treasury buying. The drop was also linked to mounting losses among cypherpunk-aligned holders.
Key tokens for movements and predictions: #Bitcoin, #Ethereum, and #Zcash.
Hyped tokens:
- #Bitcoin — Options market “floor” talk and key levels like $70,000 and $72,000 drove attention. ⚠️
- #Ethereum — $2,000 reclaim plus the 1.8B-to-#Binance transfers kept it in focus. ✅
- #Zcash — The reported ~60% slide and treasury-buying pause made it a headline mover. ⚠️
- #Strategy — Forced-sale scenario chatter tied its narrative tightly to #Bitcoin volatility. ⚠️
Best Tokens to Watch
- #Bitcoin — Reclaimed $70,000 and drew strong derivatives attention around key levels. 📈
- #Ethereum — Regained $2,000 and saw notable whale-accumulation signals discussed. ✅
Tokens to Avoid
- #Zcash — Reported ~60% decline and reduced treasury support increase uncertainty. ⚠️