After a day that started with the sky falling, it’s pretty calm in crypto land. The market rebound is well underway, with Bitcoin rising briefly past $102,000 after crashing below $93,000 in the wee hours of the morning. Other tokens were hit worse, with Ether, XRP and Chainlink all crashing as much as 33% and Solana plunging around 20% before rebounding The cause, it was widely agreed, was the imposition of tariffs on Canada, Mexico and China by President Donald Trump, who later pulled back and delayed the start of Canadian and Mexican tariffs. Once again, the narrative that Bitcoin is a store of value and hedge against economic turmoil didn’t pan out, at least in the short term. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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Rollblock’s Ecosystem Rivals That Of Solana And XRP – Top Presale Coin of 2025
Rollblock is rapidly emerging as a powerhouse in the crypto space, with an ecosystem that rivals giants like Solana and XRP. The platform’s innovative GambleFi protocol and thriving community have fueled massive investor interest, positioning it as the top presale coin of 2025. Early backers have already enjoyed returns of over 400%, with the potential for another 300% surge before the presale concludes. Rollblock: Reshaping Online Gaming with Blockchain-Powered Transparency Rollblock is making waves in the online gaming industry, positioning itself as a serious contender in the $500 billion global market. As a community-backed Web3 gaming platform built on the Ethereum blockchain, Rollblock introduces a GambleFi framework designed to tackle the core issues that have long plagued traditional platforms—lack of transparency, security concerns, and limited accountability. Rollblock’s blockchain-based model ensures transactions are fast, traceable, and resistant to manipulation, addressing the trust deficit that’s pushed many players away from outdated platforms. What sets Rollblock apart isn’t just its blockchain foundation. The project has taken concrete steps to establish credibility, including a thorough smart contract audit by SolidProof and securing a license from Gaming Anjouan, reinforcing its legitimacy in the iGaming sector. Rollblock’s traction is undeniable; in December alone, the platform recorded over $1.75 million in wagers, reflecting strong user engagement and growing revenue streams. With over 45,000 active players enjoying a library of over 7,000 games and a recently launched sports bidding platform, Rollblock offers a comprehensive gaming experience that appeals to a broad audience. Beyond gaming, the RBLK token introduces a revenue-sharing model where holders earn passive income through weekly token distributions. The platform’s strategy of burning 60% of repurchased tokens also helps manage supply and supports price stability. Rollblock is attracting significant attention in its presale phase, selling 9.9 million tokens and raising over $10 million. The hype isn’t without merit—early investors have seen returns of over 400%, and with the presale still ongoing, another 400% gain remains a possibility. XRP Faces Volatility as Whale Activity and Market Downturn Spark Concerns XRP is trading at $2.40, marking a sharp 16% decline in the past 24 hours as the broader crypto market navigates a bearish February, which investors have dubbed the “red month.” Notably, over 70 million XRP tokens have been transferred by large holders within the last 96 hours, raising concerns about potential sell-offs that could intensify downward pressure. This activity aligns with ongoing debates about Ripple’s control of XRP’s supply. The company holds approximately 38 billion tokens in escrow and an additional 4.5 billion readily available. Ripple’s substantial reserves give it considerable influence over market dynamics, and the CEO previously hinted at a valuation exceeding $100 billion based on these holdings. Meanwhile, Ripple’s new stablecoin, RLUSD, launched on December 16, has generated over $3 billion in trading volume within its first five weeks despite a modest $72 million market cap. Amid this volatility, pro-XRP lawyer John Deaton warned of a potential price crash, even as XRP’s growth prospects suggest a surge to $7–$8 before any significant correction. Solana Holds $200 Support Amid Bearish Momentum but Stablecoin Surge Sparks Optimism Solana is trading at $200, clinging to this critical support level as it battles the ongoing bearish crypto trend, with a 6% loss over the past 24 hours. While investor sentiment is cautious, a notable surge in stablecoin supply on the Solana network offers a silver lining. The supply has jumped by 112%, reaching an all-time high of $11.1 billion, surpassing its previous 2022 record. This growth is primarily driven by the hype surrounding the TRUMP meme coin, propelling Solana to overtake Binance Chain as the No. 3 network by stablecoin supply, trailing only Ethereum and Tron. Interestingly, USDC dominates Solana’s stablecoin ecosystem, making up 78% of its supply, compared to USDT’s modest 18%—a reversal of the broader market trend where USDT leads. Rollblock Presale Stage 10 Selling Out Fast: Stage 10 of the Rollblock (RBLK) presale is selling out fast, with tokens priced at just $0.052. Early investors have already secured massive returns, and analysts predict another 300% rally before the presale ends. With a potential 100x surge post-launch, Solana and XRP investors are flocking in, positioning RBLK as one of the top presale coins of 2025. Discover the exciting opportunities of the Rollblock (RBLK) presale today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . The Defiant
Trader gives all his profit back and loses $21M with TRUMP amid tariffs crash
A cryptocurrency trader who had amassed over $11 million in profits with TRUMP memecoin has given it all back, accumulating more than $21 million in losses amid the tariffs crash . This weekend, Donald Trump started a trade war by implementing tariffs against China, Canada, and Mexico, crashing all markets worldwide. While Canada and Mexico tariffs are currently on hold, China has retaliated, imposing their own tariffs against the United States. Under the macroeconomic uncertainty, most cryptocurrencies struggle at low prices, leaving many traders underwater, with massive realized and unrealized losses. Interestingly, TRUMP coin is one of the most affected in all this mess, punishing Donald Trump’s fans who bought it. TRUMP whale trader loses $21M after profiting $11M In particular, a crypto whale trader went from heaven to hell while trading TRUMP, the memecoin created by Donald Trump. On January 18, this trader sold all his 860,895 TRUMP for $23.8 million, after buying for $12 million. Lookonchain reported the over $11 million profit at that time, seeing the memecoin going from $13.94 to $27.67. However, as it happens with most memecoin traders, the whale sized up his bet and made another TRUMP purchase. 15 days ago, he spent $33.9 million to buy 766,083 TRUMP at $44.25 before the tariffs crash. According to Lookonchain ’s post , the 766,083 TRUMP holdings are now worth $12.85 million at $16.84 per token. This results in $21 million of unrealized losses, which ended up erasing all the trader’s previous gains. This whale who made a $11.8M profit on $TRUMP spent another $33.9M to buy 766,083 $TRUMP at $44.25 and has now lost $21M. He lost all his profits and over $9M of his initial capital! https://t.co/WTxtGTRK8z pic.twitter.com/SR3Vq0dNA3 — Lookonchain (@lookonchain) February 4, 2025 Donald Trump’s crypto activity Notably, the outcomes fruit of Donald Trump’s trade war have made analysts wonder if the US President was “the worst insider trader ever,” as Finbold reported. This is because Trump’s team have been signaling a bullish bias toward crypto, especially by buying a lot of cryptocurrencies . Receive Signals on US Congress Members` Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal On the other hand, traders like hoeem , on X, these movements are part of a smart trading plan. As described , the President launched TRUMP, absorbing the liquidity of all altcoins, while World Liberty Fi bought Ethereum ( ETH ). The plan continued after releasing MELANIA’s memecoin, followed by the tariffs crash, all allowing “world liberty fi to buy cheap ETH,” in his words. Then, Donald Trump has put Canada and Mexico tariffs on stand by, which the market reacted positively to. After that, his team announced a press conference on February 4 to talk about the U.S. crypto strategic reserve, followed by bullish posts on ETH from Eric Trump, the President’s son. In my opinion, it’s a great time to add $ETH . — Eric Trump (@EricTrump) February 3, 2025 If the market now reacts positively for the upcoming events, this plan will prove itself extremely profitable for insider traders. Nevertheless, unaware investors, like the TRUMP whale trader, will either lose millions of dollars or need to hold with conviction amid the uncertainty to avoid realizing the losses. Featured image from Shutterstock The post Trader gives all his profit back and loses $21M with TRUMP amid tariffs crash appeared first on Finbold . The Defiant