Web3🌕Monday Headlines: Ronaldinho’s Token Trouble, Binance Delistings, and Trump’s Crypto Moves
1. Ronaldinho’s STAR10 token launch sparks concerns
2. White House crypto czar sold assets before taking office
3. Binance sets delisting deadline for non-MiCA stablecoins
4. XRP cools down after hitting $3 amid Trump’s crypto plans
🔍 Stay tuned for more insights!
The Web3 world is buzzing with big moves and bold headlines! From Ronaldinho’s STAR10 token launch facing skepticism to Binance setting a delisting deadline for non-MiCA stablecoins, the crypto space is heating up. Meanwhile, White House Crypto Czar David Sacks revealed he sold his digital assets before taking office, and XRP’s recent surge to $3 has everyone watching Trump’s growing crypto reserve. There’s a lot happening, and we’re here to break down the most important stories shaping the Web3 landscape today. Let’s dive in!
1. Ronaldinho’s STAR10 token launch sparks concerns
Brazilian football legend Ronaldinho has launched his official STAR10 token on the Binance Smart Chain, promising exclusive perks like signed collectibles, VIP experiences, and AI-powered insights. Despite a rapid $300 million market cap surge, the token’s value soon dropped to $200 million, now priced at $0.23. Allegations of insider trading emerged after an investor linked to Ronaldinho reportedly made a $4.94 million profit, raising manipulation concerns. Combined with Ronaldinho’s past crypto controversies, including the alleged “18kRonaldinho” scam, the STAR10 launch has sparked skepticism, with some warning it could be another rug pull in the volatile meme coin market.
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2. White House crypto czar sold assets before taking office
David Sacks, the White House’s AI and Crypto Czar, confirmed he sold his entire cryptocurrency portfolio — including Bitcoin, Ethereum, and Solana — before joining the Trump administration. Despite his personal exit from direct crypto ownership, his venture firm, Craft Ventures, still holds investments in several crypto-focused startups. Sacks denied claims of large indirect holdings, clarifying he sold his $74,000 position in the Bitwise ETF on January 22. As chair of the President's Digital Asset Working Group, Sacks aims to shape clear regulatory frameworks for the industry ahead of the inaugural White House Crypto Summit on March 7.
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3. Binance sets delisting deadline for non-MiCA stablecoins
Binance announced it will delist non-MiCA compliant stablecoins like USDT, DAI, and FDUSD in the European Economic Area starting March 31, urging users to switch to compliant options like USDC and EURI. While non-compliant stablecoins can still be traded until the deadline, margin trading pairs will be removed by March 27, with remaining assets automatically converted to USDC. Binance offers zero-fee trading and rewards to encourage the transition. This move aligns with the EU’s MiCA framework, aiming to regulate crypto markets, though critics argue the rules could pose financial risks for stablecoin issuers.
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4. XRP cools down after hitting $3 amid Trump’s crypto plans
XRP’s recent surge to $3, driven by Donald Trump’s announcement of a strategic token reserve including Bitcoin, Ethereum, Cardano, and Solana, has cooled off to $2.6. Despite an initial 25% rally, technical indicators suggest a pullback, with the relative strength index (RSI) dropping from overbought levels and the moving average convergence divergence (MACD) signaling a bearish turn. Currently, XRP trades between key levels—support at $2.5 and resistance at $2.65—reflecting reduced volatility and market indecision. A decisive break above $2.65 could push it back to $3, while slipping below $2.5 risks further declines. Traders are watching for the next big move.
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As Web3 continues to evolve, today’s headlines remind us just how fast the crypto world moves. From regulatory shifts to high-profile token launches and market surges, the space is full of opportunities and challenges. Whether it’s Ronaldinho’s STAR10 token drama or XRP’s impressive run, these stories shape the future of digital assets. Stay tuned, stay informed, and keep exploring the ever-changing Web3 universe — there’s always more to discover!
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