| February 23, 2025 Signs of Resilience Shine Through as BTC Holds Firm Dear Subscriber, It’s been another tough week in the crypto world. But the growing number of bullish forces are becoming hard to ignore. Like the way Bitcoin’s Strength Shone Through Solana FUD as the leading Layer-1 network this bull cycle was caught in the crossfire of the latest scandal. Despite Solana’s (SOL, “B”) fundamentals still holding strong, its price fell sharply over the week. That’s because a memecoin on its network was promoted by Argentine President Javier Milei … just hours before it plummeted in what many are calling a rug-pull scam. Through this, however, Bitcoin’s (BTC, “A”) resilience was evident. It did pull back slightly this week … but reversed course soon after. It even broke above $99,000 for the first time since Feb. 7 on Friday. According to Juan Villaverde’s Crypto Timing Model, BTC is set to make a key low over the coming week. And when it does, that’ll be your first sign to watch for the next rally. Part of that resilience can be explained by Jurica Dujmovic’s interesting approach to find The REAL Truth Behind Satoshi Nakamoto’s Identity. Following the latest rumors regarding the true identity of Bitcoin’s anonymous founder, Jurica challenges everyone in the crypto to consider whether Bitcoin is stronger because of Satoshi’s disappearance. Either way, it’ll be hard to say moving forward which crypto will rally alongside Bitcoin … and which will lag behind. It’s up to you to sort through the thousands of projects to determine whether it’s The Next Big Crypto Thing … Or Just a Near-Term Fling. To help you get started, I’ve highlighted a few big crypto narratives to break down whether they have longevity in this market or are no more than a passing fad. And one development that could truly be the next big crypto thing may seem small. But this Change Could Transform ETFs & Reshape the Market. When Ethereum (ETH, “B+”) ETFs launched in July 2024, they did so without the ability to offer staking services. At the time, regulators had concerns about liquidity. Now, the SEC’s new Crypto Task Force is reevaluating its stance. According to Mark Gough, if approved, staking-enabled ETFs could reshape Ethereum’s standing in traditional finance. And that has the potential to light a fire under the No. 1 smart-contract blockchain … and hopefully propel it past its lackluster performance so far. Another reasonable strategy to find your next crypto investment is to follow the smart money. A few weeks ago, Mark broke down World Liberty Financial (WLFI, Not Yet Rated), the DeFi project backed by the First Family. Back then, he said ... “Even though the time is not right to jump in, I believe investors should still pay attention. “That’s because there is a lot you can learn from World Liberty Financial’s wallet activity and associated crypto purchases. “If Trump’s affiliated wallets begin accumulating specific assets, for example, those tokens may experience increased demand as the market reacts.” This week, Dr. Bruce Ng breaks down Why Trump’s World Liberty Financial Bought THIS Coin — MOVE, the native token for a small, new Layer-2 project Movement. He reveals this L2’s unique utility … and its potential outlook now that it’s connected to World Liberty Financial. But that’s all for this week. Be sure to look for your next Weiss Crypto Daily update tomorrow afternoon. To your wealth, Beth Canova
Crypto Managing Editor | 