6h Crypto Recap: XRP, Bitcoin, Ethereum, SUI, Coinbase—Heat Rising
The White House said #Sam_Bankman_Fried will not receive a pardon from President Trump. The statement kept the #FTX case in the spotlight ⚖️.
The #SEC granted relief that supports 24/7 trading for #WisdomTree’s tokenized money market fund. The move highlighted how tokenized funds are being adapted to always-on markets 🏛️.
#21Shares announced a spot #SUI ETF under the ticker TSUI that is set to begin trading on Tuesday, Feb. 24. The listing was framed as expanding U.S. access to #SUI.
#Terraform_Labs filed a lawsuit against #Jane_Street tied to trades connected to the collapse. The filing revived attention on legal fallout from the Terra-era unwind ⚖️.
#IRS tax rules became a new focus as crypto groups pushed to rewrite how certain reporting requirements apply. The debate centered on how compliance should work for different crypto participants 🧾.
A corporate governance change surfaced after the #Empery CEO and board resignation was reported alongside a #Bitcoin treasury narrative. The update added scrutiny to treasury-style strategies and leadership stability.
Most-discussed tokens by attention and controversy were #XRP and #Bitcoin. Both dominated headlines across market-cycle and institutional coverage.
Forecast Watch: #Bitcoin Profit Cycle, #XRP $2 Fight, #ETH Steady
#Bitcoin was described as sliding into the worst profit cycle on record in the coverage. The same discussion said 59% of supply was “in the red” 📉.
#XRP coverage highlighted a renewed battle around the $2 level. The reporting also pointed to institutional flows as a key driver for near-term direction.
#XRP was also flagged for bearish pressure tied to whale selling. The narrative warned that heavy distribution can amplify downside moves 📉.
#Ethereum was described as being largely unaffected in the discussed context. The tone suggested relative resilience versus broader market stress.
#Dogecoin commentary framed the asset as “real money” in a bullish narrative. The piece leaned on long-running community-driven adoption themes.
#Coinbase-related coverage pointed to stock and ETF-linked trading interest as a continuing theme. The catalyst focus stayed on access routes and product wrappers rather than protocol changes.
Key tokens for movement and forecasts were #Bitcoin, #XRP, and #Dogecoin. They carried the strongest directional claims and trend framing.
Hyped tokens:
- #XRP ⚠️ — Repeated focus on the $2 fight and whale-selling pressure.
- #Bitcoin 📉 — Profit-cycle stress narrative and broad market-cycle framing.
- #SUI 🚀 — Spotlight from the spot ETF launch and access expansion theme.
- #Ethereum 🛡️ — Mentioned as comparatively unaffected amid wider weakness.
Best Tokens to Watch
- #SUI 🚀 — Fresh ETF-related visibility can drive sustained attention and liquidity.
- #Ethereum 🛡️ — Framed as steady in the face of broader market turbulence.
- #XRP ⚠️ — High activity around key levels can create tradable momentum.
Tokens to Avoid
- #XRP ⚠️ — Whale-selling narrative raises volatility risk and downside uncertainty.
- #Bitcoin 📉 — “Worst profit cycle” framing signals elevated drawdown sensitivity.
