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news-imageFebruary 27, 2025

Bitcoin, Ethereum, XRP, Dogecoin Struggle In Weak Market: 'I Don't Think That The Cycle Is Over,' Trader Says

Cryptocurrency markets are struggling on Thursday as the market-wide downturn continues. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,057.97 -0.2% Ethereum (CRYPTO: ETH) $2,268.27 -1.2% Solana (CRYPTO: SOL) $134.86 +2.7% XRP (CRYPTO: XRP) $2.15 -1.3% Dogecoin (CRYPTO: DOGE) $0.2030 +2.3% Shiba Inu (CRYPTO: SHIB) $0.00001430 +2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 6.6% and daily active addresses falling by 0.7%.
Publisher: Benzinga
Sentiment: Negative
BTC
DOGE

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Positive
cover-imageBenzinga
February 28, 2025

Jamie Dimon Was A Believer In Smart Contract Cryptos Long Before JPMorgan Hit The Buy Button On Ethereum ETFs: Here's What The CEO Said

Jamie Dimon, the CEO of banking heavyweight JPMorgan, has acknowledged the importance of smart contracts-based cryptocurrencies, in stark contrast to his views on Bitcoin (CRYPTO: BTC). What happened: During a CNBC interview in January 2023, the CEO of the world's most valuable banking company stated that cryptocurrencies with embedded smart contracts possess value.

Positive
cover-imageBitcoinist
February 28, 2025

Ripple Expands In South Korea With Major Partnership

Ripple has announced a strategic partnership with BDACS, a prominent digital asset custody firm in South Korea, on Thursday. The collaboration aims to advance institutional-grade custody services and expand the digital asset ecosystem, particularly for XRP and RLUSD, within the country's evolving regulatory landscape.

Positive
cover-imageNewsBTC
February 28, 2025

Dogecoin Cup And Handle Taking Shape – Big Move Incoming?

The Dogecoin price is down more than -57% from its December 8 high at $0.4843, but a bottom could be near. In a technical analysis shared on X, Rose Premium Signals (@VipRoseTr) highlights a potentially bullish setup for Dogecoin (DOGE), fueled by a classic “Cup & Handle” pattern.

Negative
cover-imageThe Currency Analytics
February 28, 2025

Bitcoin Faces Key Support as Price Drops 11% in a Week

Bitcoin (BTC) has experienced significant downward pressure recently, with its price falling 11% in just one week. The cryptocurrency has dropped below the critical $90,000 level for the first time since November 2024, currently trading around $85,985.

Negative
cover-imageNewsBTC
February 28, 2025

Don't Call Bitcoin Bottom Just Yet, CryptoQuant Head Says: Here's Why

The Head of Research at CryptoQuant has revealed why it may be too early to call a bottom for Bitcoin, based on the trend in on-chain data. Bitcoin MVRV Z-Score Has Plunged Under Its 365-Day MA In a new post on X, CryptoQuant Head of Research Julio Moreno has talked about why Bitcoin may not have reached a bottom yet.

Negative
cover-imageThe Currency Analytics
February 28, 2025

Dogecoin Futures Volume Drops to $992M, Price Faces Uncertainty

Dogecoin (DOGE) has experienced a sharp decline in its futures trading volume, dropping significantly from $58.2 billion in November 2024 to just $992 million in February 2025. This dramatic reduction in trading volume highlights a cooling of investor interest and market speculation, potentially signaling a bearish outlook for the altcoin.

Positive
cover-imageBitcoin
February 28, 2025

Bitcoin Price Clings to $84K Ahead of High-Stakes Weekend

As twilight falls on Thursday, Feb. 27, 2025, bitcoin danced just above $84,000, its movements a meandering ballet ahead of Friday's opening sessions. Traders braced for a weekend tango between $82,000 and $89,000 per BTC, set against a backdrop of macroeconomic suspense with the current Trump administration.

Negative
cover-imageThe Currency Analytics
February 28, 2025

Ethereum Spot ETF Outflows Surge as Price Nears Yearly Low

Ethereum (ETH) has experienced significant volatility recently, driven by various factors, including macroeconomic pressures and changing market sentiment. At press time, ETH is trading at $2,347, a low not seen since November 2024, as it faces increased outflows from spot ETFs and a bearish market sentiment.

Positive
cover-imageBitcoin
February 28, 2025

Ethereum Foundation Allocates $2M to Boost Academic Blockchain Research

The Ethereum Foundation has announced $2 million in grants for Ethereum-related academic research, with proposals due by March 16, 2025. Ethereum Foundation Launches Third Annual Academic Grants Round The Ethereum Foundation is offering $2 million in grants to support academic research related to Ethereum, with applications accepted until 23:59 AoE on March 16, 2025.

Positive
cover-imageUToday
February 28, 2025

3 Major Dogecoin (DOGE) Support Levels, Shiba Inu (SHIB) Attempts Solid Recovery, Solana (SOL) Sees Secret Whale Accumulation

Despite recent declines to $0.209 due to intense bearish pressure, Dogecoin's price action may be determined by three key support levels in the future. According to the current price chart, these levels are based on past local peaks, which have a history of serving as areas of high demand during corrections.

Positive
cover-imageBitcoin
February 27, 2025

Bitcoin Miner MARA Sees Revenue Soar 69% in 2024

MARA reported a record-high revenue of $214.4 million in Q4 of 2024, a 37% increase from the same period in 2023. MARA's Block Wins Rise 25% Bitcoin miner and publicly listed firm MARA (Nasdaq: MARA) said it registered a record-high revenue of $214.4 million in the fourth quarter of 2024, up 37% from $156.

Negative
cover-imageThe Currency Analytics
February 27, 2025

Bitcoin Drops 10% – Signs of a Potential Rebound

Bitcoin (BTC) has recently faced a significant decline, falling by over 10% in the past week, its largest drop in the last month. This sharp downturn has been largely driven by panic selling, but historical data suggests that a potential rebound could be on the horizon if buying activity picks up.

Negative
cover-imageNewsBTC
February 27, 2025

Bitcoin Crashes, Fear Spikes—But This Analyst Sees $153,000 Ahead

In his latest video update, long-time market analyst and self-described “four-year cycle” trader Bob Loukas delivered a breakdown of Bitcoin's current trajectory. Despite a roughly 22% pullback from its recent all-time high, Loukas asserts that the leading cryptocurrency's price action remains “nothing we have not seen before.

Negative
cover-imageThe Currency Analytics
February 27, 2025

XRP Holds $2 Support – A Deeper Pullback Could Be Coming

Ripple's XRP has managed to hold onto its critical $2 support level, but the market's current volatility and weak retail participation have raised concerns. While bullish signals are emerging, XRP's price action faces a crucial test as market sentiment remains cautious.

Negative
cover-imageBeInCrypto
February 27, 2025

Will XRP Drop Below $2 In March 2025?

XRP is correcting by almost 30% in the last 30 days, with its price trading below $3 for nearly a month. The Directional Movement Index (DMI) shows a strong downtrend, with the Average Directional Index (ADX) surging above 35, indicating increased bearish momentum.

Positive
cover-imageBenzinga
February 27, 2025

EXCLUSIVE: Bitcoin ETFs With Staking Could Transform Institutional Adoption, Says Bitlayer Co-Founder

Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) offering staking capabilities could significantly boost institutional engagement by putting idle assets to work, according to Charlie Hu, co-founder of Bitlayer, a Bitcoin Layer 2 solution provider. In an interview with Benzinga on the sidelines of Eth Denver on Thursday, Hu highlighted the potential regulatory approval of staking ETFs as a pivotal development, emphasizing their role in activating Bitcoin held in custody for yield generation.

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