The "Trump Bump" has turned into the "Trump Dump." Just about every cryptocurrency is down big for the year, and there are no signs yet that there will be a turnaround anytime soon.
Bitcoin could drop to $70,000 before its next rally, Arthur Hayes predicts, emphasizing patience. He warns of short-term volatility and highlights central banks' role in driving future gains.
As Solana gets closer to a possible death cross formation, it is currently under intense bearish pressure. This technical indicator typically indicates prolonged downward movement, when the short-term moving average (like the 50-day MA) crosses below the long-term moving average (200-day MA).
ETH's market activity signaled potential shifts as key players adjusted their positions. Here's what happened.
Ethereum (ETH) has officially lost the $2,000 mark, trading below this key level for the first time since 2023 and reaching its lowest point since October 2023. The price plummeted as low as $1,750, marking a dramatic drop from its December 2024 high of $4,100.
XRP continues its decline, falling 10% over the past week as bearish momentum strengthens.
Bitcoin (BTC) price is rallying the broader cryptocurrency ecosystem. This rebound is encompassing, as altcoins like XRP, Dogecoin, and Cardano have also seen their prices clear immediate resistance levels.
Despite a 38% reduction, Base continues to maintain a commanding lead over other Ethereum Layer 2 solutions.
Retail traders are going all-in on Bitcoin, but whales are pulling back—who will win?
Bitcoin (BTC) is under severe selling pressure, having lost the $85,000 level just a few days ago. This breakdown has pushed the market to its lowest levels since November 2024, increasing fear and uncertainty among investors.
Ethereum (ETH) is facing a sharp correction, dropping 11% over the past week as bearish momentum continues to dominate. The Relative Strength Index (RSI) remains weak, showing a lack of strong buying pressure, while the Directional Movement Index (DMI) confirms that sellers are still in control.
Bitcoin Magazine The United States Must Embrace Bitcoin Now: A Recap Of Bitcoin For America Speakers at the Bitcoin Policy's Institute's Bitcoin For America event made the case that it's time for the United States to lead the way when it comes to Bitcoin adoption. This post The United States Must Embrace Bitcoin Now: A Recap Of Bitcoin For America first appeared on Bitcoin Magazine and is written by Frank Corva.
Congressman Nick Begich has introduced a companion bill to Sen. Cynthia Lummis' BITCOIN Act, advocating for Bitcoin's integration into the national financial framework. The bill seeks to establish decentralized Bitcoin vaults and recognize Bitcoin as a long-term reserve asset to enhance U.S. economic resilience. The post Rep. Nick Begich Introduces Companion Legislation to Sen. Cynthia Lummis' BITCOIN Act appeared first on Cryptonews.
Several on-chain metrics signal that the market still has rocky times ahead; however, positive signs are beginning to emerge.
Franklin Templeton, one of the world's leading investment companies, has filed an S-1 form to launch an ETF based on the XRP token.
The ongoing Bitcoin price crash is a testament to the growing volatility and uncertainty in the crypto market. As Bitcoin faces more downward pressure, the market braces for a wave of key economic reports this week that could influence prices.
A federal court in Puerto Rico has held Juan Carlos Reynoso in contempt for refusing to surrender 119.65 BTC worth approximately $9.7 million, imposing a $10,000 daily fine until he complies with a seizure order. Defendant Faces Mounting Fines After Transferring Seized Bitcoin to Other Wallets Senior U.S. District Judge Francisco A.
A new filing by the Cboe BZX Exchange requests SEC approval for staking within the Fidelity ETH ETF. This move could provide additional yield through Ethereum's proof-of-stake mechanism, aligning with increasing demand for staking in crypto ETFs and reflecting broader integration of DeFi in traditional asset management. The post CBOE Submits Proposal to Allow Staking in the Fidelity ETH ETF appeared first on Cryptonews.
Republican Senator Cynthia Lummis has today reintroduced her bill to establish a strategic Bitcoin reserve, taking a legislative path towards President Donald Trump's plan for such a reserve.
Financial services firm Cantor Fitzgerald has chosen its partners for its new global Bitcoin financing business that will allow institutional investors to borrow against their Bitcoin holdings. Anchorage Digital Bank and Copper will serve as collateral managers and provide custody of collateralized assets.
Bitcoin and other top crypto assets are rising again after getting hit hard by President Trump's tariff twists and recession fears.
The price of ether has been on a downward spiral since December, and this new non-profit was launched to solve that problem.
Despite Bitcoin's recent price downturn, Bitwise CIO Matt Hougan remains optimistic, forecasting that its valuation could soar to $50 trillion in the long run.
Senator Cynthia Lummis reintroduces the BITCOIN Act, a legislative proposal advocating for a Strategic Bitcoin Reserve. The bill aims to integrate Bitcoin into national reserves, addressing fiscal challenges while reinforcing the U.S. financial position in a shifting global economy. The post Senator Cynthia Lummis Re-introduces The BITCOIN Act appeared first on Cryptonews.
Financial commentator Patrick Bet-David says the XRP price can rise to $1,000 per token if manages to snag a portion of SWIFT's transaction volume. Only 5% of SWIFT's volume will see token prices soaring to $100 with Bet-David highlighting potential stumbling blocks.
Standard Chartered head of digital assets research Geoffrey Kendrick believes Bitcoin's (BTC) recent price action suggests that the flagship crypto may require sovereign accumulation or improved geopolitical clarity to push higher amid the current risk-off market sentiment.
The cryptocurrency market is facing a seemingly never-ending decline, with Ethereum (ETH) and Dogecoin (DOGE) leading the losses among large-cap digital assets. This correction comes as the broader market sentiment turns bearish and cautious while Bitcoin (BTC) experiences persistent volatility and moves into bear market territory.
Bitwise launched the Bitwise Bitcoin Standard Corporations ETF (OWNB), which tracks publicly traded companies holding at least 1,000 Bitcoin in their treasury reserves. The ETF gives investors exposure to companies integrating Bitcoin into their financial strategies. The post Bitwise Launches Bitcoin Standard Corporations ETF (OWNB) Tracking Firms appeared first on Cryptonews.
The agency may delay its decision on XRP ETF applications until mid-October.
Franklin Templeton filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) on March 11, 2025, to launch the Franklin XRP ETF, a spot exchange-traded fund designed to track the price of the cryptocurrency XRP.
The SEC delayed several ETF applications today, specifically targeting those based on Solana, XRP, Litecoin, and Dogecoin. The Commission has faced recent criticism for its pro-crypto actions, and this may help buy it some time.
Bitcoin has experienced significant volatility recently. As a result, Benzinga asked its Expert Network of contributors to weigh in on the one question our readers are focused on: Where is bitcoin headed next?
10x Research's Bitcoin report noted parallels between the end of the previous bull market and current conditions, including macroeconomic uncertainty.
Bank of England was able to effectively conduct a Proof of Concept (PoC) exercise in collaboration with Ripple.
Crypto markets are rallying on Tuesday as the Bitcoin Act of 2025 is introduced in the House, proposing the acquisition of one million BTC over five years with a 20-year lockup. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,985.45 +5.4% Ethereum (CRYPTO: ETH) $1,951.21 +4.6% Solana (CRYPTO: SOL) $127.73 +6.6% XRP (CRYPTO: XRP) $2.19 +6.4% Dogecoin (CRYPTO: DOGE) $0.1680 +7.1% Shiba Inu (CRYPTO: SHIB) $0.00001225 +4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 49.4% and daily active addresses growing by 19.9%.
Standard Chartered attributes Bitcoin's recent downturn to broader equity market distress rather than cryptocurrency-specific issues.
Securities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity's Ether exchange-traded fund (ETF), according to a March 11 filing. The filing marks Cboe's latest attempt to support staking for the Ether (ETH) funds traded on its US exchange.
President Donald Trump said he is willing to increase steel and aluminum tariffs on Canada to 50% in retaliation against Ontario's move to raise taxes on electricity sent to the US. Canadian based Bitcoin miner Bitfarms' CEO Ben Gagnon gives his take on the tariffs and their impact on crypto miners.
Bloomberg analysts recently estimated Litecoin ETFs have the highest chance of approval, followed by Dogecoin and Solana products.
A member of the Texas legislature has proposed a bill that could limit the amount local and state authorities invest in cryptocurrency as a reserve asset.In a bill filed on March 10, Texas Representative Ron Reynolds proposed the state's comptroller not be allowed to invest more than $250 million of its Economic Stabilization Fund — otherwise known as a “rainy day” fund — in Bitcoin (BTC) or other cryptocurrencies. The legislation also suggested that Texas municipalities or counties could not invest more than $10 million in crypto.
A member of the Texas legislature has proposed a bill that could limit the amount local and state authorities invest in cryptocurrency as a reserve asset.In a bill filed on March 10, Texas Representative Ron Reynolds proposed the state's comptroller not be allowed to invest more than $250 million of its Economic Stabilization Fund — otherwise known as a “rainy day” fund — in Bitcoin (BTC) or other cryptocurrencies. The legislation also suggested that Texas municipalities or counties could not invest more than $10 million in crypto.
Ethereum Foundation spokesperson Joseph Schweitzer said the claim about the massive transfer was "fake."
Ben Gagnon, Bitfarms' Chief Executive Officer, shared his thoughts on how new geopolitical challenges from the Trump administration would impact the Bitcoin mining industry.
Mt. Gox, the Bitcoin exchange that is now insolvent, has transferred 11,833.6 BTC, totaling approximately $931 million, to new addresses, in a significant development within the cryptocurrency community. The prospective impact of this action on the broader crypto market has sparked discussions.
Spain's second-largest bank is planning to roll out trading services for Bitcoin (BTC) and Ethereum (ETH).
XRP's price action and market sentiment suggest potential bullish momentum, depending on key support levels.
Bitcoin's valuation metrics are pointing toward a critical market shift, with CryptoQuant highlighting bearish indicators, slowing whale accumulation, and declining ETF demand. Analysts debate whether Bitcoin is at deep value levels or at the start of a prolonged bear market. The post Bitcoin Could Be at Deep Value Levels or Start of a Bear Market: CryptoQuant appeared first on Cryptonews.
Bitcoin's price rebounded late Tuesday afternoon (4 p.m. ET), climbing to the $83,568 range after dipping below $80,000 earlier in the day. This movement coincided with Canada's decision to halt electricity tariffs on the United States and Ukraine's agreement to a 30-day ceasefire with Russia following U.S.-led negotiations in Saudi Arabia.