Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. Trump, UAE Discuss Crypto & AI: Sheikh Tahnoon met with White House crypto czar David Sacks to discuss digital assets, AI, and UAE investments in US tech.

2. 📈Technical Analysis Masterclass - Solana is currently trading within a crucial support range of $110 to $125. Watch UseTheBitcoin’s latest Youtube video “Why Smart Investors Are Watching Solana RIGHT NOW!” to see if this analysis shows a potential rebound or join our Official Telegram Channel for more alpha!

3. ETH Supply Hits 9-Year Low: Exchange balances for Ether have dropped to their lowest since 2015, fueling predictions of a supply shock.

4. 💡Feature of the Day - Pump.fun Launches Solana DEX: Pump.fun introduced PumpSwap, replacing Raydium as the primary marketplace for Solana memecoins.

   
   All this and more in today’s headlines!

📰 News Highlights:

Trump’s Crypto Talks with UAE [Source][Source][Source]

Senior UAE official Sheikh Tahnoon Bin Zayed met with White House crypto and AI czar David Sacks to discuss the expanding role of digital currencies and AI.

The discussions, which took place alongside Tahnoon’s White House visit, focused on increasing UAE’s investment in US tech infrastructure.

While details remain private, Bloomberg reports that topics included technology, energy, and easing UAE’s access to computer chips amid US export restrictions.

Tahnoon also engaged with top US officials, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.

 📈Technical Analysis Masterclass:

Why Smart Investors Are Watching Solana RIGHT NOW!

Bullish Signals & Market Factors

• RSI Bullish Divergence:

  • Price is making lower lows while RSI is making higher lows.

  • Signals weakening bearish momentum and possible trend reversal.

• Market Sentiment & Liquidity:

  • Bitcoin’s movement and institutional interest can impact Solana’s price action.

  • Macro factors (e.g., economic conditions, regulatory updates) also play a role.

Risk Management Strategies

• Set a Stop-Loss: Place below $110 to limit downside risk if Solana breaks support.

• Take-Profit Targets:

  • Primary Target: $180 (historical resistance level).

  • Scaling Out Option: Secure partial profits at $150 or $160 while allowing further upside.

• Monitor Market Trends:

  • High trading volume near support could confirm strong buying interest.

  • On-chain metrics (transaction volume, TVL, active addresses) help assess ecosystem health.

  • Watch whale activity for signs of accumulation or distribution.

Today’s Sponsor:

Crypto tax reports in under 20 minutes!

Koinly calculates your cryptocurrency taxes and helps you reduce them for next year. Simple & Reliable.

• Available in 20+ countries

• Free report preview

• Form 8949 & Schedule D

• TurboTax & TaxAct

• HMRC / ATO / CRA Report

🎁Freebie:

Download your free ebook now and take the first step toward mastering CRYPTO IN UNDER 60 MINS!

ETH Supply Hits Decade Low [Source][Source][Source][Source][Source]

Ether’s supply on crypto exchanges has dropped to its lowest level since 2015, signaling a potential price rally.

Analytics platform Santiment reported that ETH balances on exchanges are down 16.4% since January, with more holders moving assets into cold storage.

Some analysts predict a supply shock similar to Bitcoin’s January surge, where a decline in exchange reserves preceded a price jump to $109,000.

Crypto traders anticipate a similar scenario for ETH, with some predicting a rise to $8,000-$10,000.

However, bearish signals persist, with ETH underperforming against Bitcoin at a five-year low and spot ETFs experiencing 12 consecutive days of outflows totaling $370.6 million.

💡 Feature of the Day: 

Pump.fun Launches DEX [Source][Source][Source]

Pump.fun has launched PumpSwap, its own decentralized exchange (DEX), moving away from Raydium as the primary marketplace for Solana-based memecoins.

This shift eliminates migration delays and simplifies trading, making the platform more user-friendly.

The launch intensifies competition with Raydium, which recently announced its own memecoin launchpad, LaunchLab, in an effort to retain market share.

PumpSwap plans to introduce revenue-sharing for memecoin creators, similar to GoFundMeme’s model, to incentivize high-quality launches.

😂 Crypto Meme of the Day: 

Meme of the day provided by @toxicdubai

And that’s it for this today.

See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com