An investor who shorted Ethereum (CRYPTO: ETH) with massive leverage is now sitting on tens of millions in unrealized profit as the market plunged following President Donald Trump's tariff announcement. What Happened: The trader took a 50x leverage bet on ETH's decline on Monday, according to on-chain tracker Lookonchain.
NYSE Arca has officially filed to list the Bitwise Dogecoin ETF, marking a significant step toward a regulated investment product for the memecoin. The exchange submitted a 19b-4 filing on March 3, setting the stage for potential SEC approval.
Ethereum is faring far worse than the rest of the crypto market today as it falls below previous levels of support.
The sharp reversal aligned with a cautious mood among traders after Monday's market rally following the ambitious plan, as a CoinDesk analysis previously noted.
North Korea's Lazarus Group has reportedly laundered all the 499,000 ETH, roughly $1.39 billion, stolen from the Bybit hack in just 10 days. According to a Mar.
A deeper retracement remains likely, with $155 and $145 emerging as critical support levels to watch.
Spot Bitcoin ETFs in the U.S. shifted back to outflows on March 3 as Bitcoin retraced gains, driven by a risk-off sentiment stemming from trade tensions and skepticism over a U.S. crypto reserve fund.
The total cryptocurrency market capitalization (TOTAL) and Bitcoin (BTC) have experienced significant corrections in the past 24 hours, wiping out weekend gains. BTC has once again dropped below the $85,000 mark and is currently trading at $84,255.
Bitcoin and other major cryptocurrencies fell on Tuesday as optimism around the proposed US Crypto Strategic Reserve faded. The drop also coincided with rising trade tensions, as President Trump confirmed that tariffs on Canada, Mexico, and China would go into effect in hours.
On March 2, US President Donald Trump announced the inclusion of Bitcoin, Ethereum, XRP, Solana, and Cardano in a newly formed Crypto Strategic Reserve, an initiative designed to integrate these digital assets into the country's broader economic and monetary plans.
Bitcoin and the broader cryptocurrency market have shown strong recovery, with Bitcoin surpassing $93,000 earlier today after an increase of nearly 10% in the past 24 hours. The surge follows the announcement of a US crypto strategic reserve, which is expected to include major digital assets such as BTC, ETH, SOL, XRP, and ADA.
As Trump tariffs on Mexico and Canada go into effect on March 4, the crypto market crashed, triggering more than $1.09 billion in liquidations in the last 24 hours. While Bitcoin is down over 10% in the last 24 hours, top altcoins like Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) are all down by
Ethereum bulls are accumulating assets following the crypto market dip, igniting similar demand in altcoins. The asset has recorded increased daily volumes this week, signalling a possible turnaround for most traders currently in the red zone.
The crypto market has experienced mixed trading as prices moved sideways for the second consecutive week. Retail and institutional players reacted differently at several stages of the dip, with the latter making market-swinging sales.
Trump's tariffs on Canadian, Mexican and Chinese imports, taking effect Tuesday, have 'further fueled risk-off sentiment,' says an analyst.
March 4, 2025 05:38:24 UTC Why Ethereum Is Crashing ? Ether (ETH) has dropped 15% in the past 24 hours, reaching levels unseen since November 2023, as the broader market grapples with volatility sparked by U.S. President Donald Trump's trade war threats.
On-chain data shows the dormant Bitcoin whales have come back alive to make moves following the latest price surge in the cryptocurrency.
The cryptocurrency market saw a sharp selloff on Tuesday, wiping out recent gains across major digital assets. Bitcoin (BTC) once again dropped to the $84,000 level, reversing its rally after former US President Donald Trump's announcement regarding a crypto reserve.
Onchain data has revealed that FTX/Alameda has unstaked 3.03 million SOL and transferred to multiple wallets on March 4. The firm also noted that 37 wallets received the $421.3 million unstaked SOL.
U.S. President Donald Trump had announced a 25% tariff on Canada & Mexico a few days before. The markets toppled then but bounced back heavily, attracting over $300 billion in liquidity after validating a crypto strategic reserve.
The price of Bitcoin (BTC) has now erased all of its gains since the announcement of a cryptocurrency reserve that took place on Sunday.
Welcome to Latam Insights Encore, a deep dive into Latin America's most relevant economic and crypto news from the past week. This edition examines how the dynamics between the IMF and the Salvadoran government can serve as a framework for countries seeking to engage with bitcoin and the institution.
NYSE Arca has filed paperwork that would enable the exchange to list the Bitwise Dogecoin ETF if approved by the SEC.
NYSE Arca has submitted a 19b-4 filing with the US Securities and Exchange Commission (SEC) to list and trade a Dogecoin (DOGE) exchange-traded fund (ETF) from Bitwise.
Ethereum has fallen below $2,100, hitting its lowest level since December 2023 as Trump tariff concerns rattle markets. The cryptocurrency is down 15% in the past 24 hours, trading at $2,063, according to crypto.news price data.
Solana started a fresh decline from the $180 zone. SOL price is down over 20% and might struggle to recover above the $150 resistance.
Bitcoin price fell below $83,000 as traders reacted to President Donald Trump's confirmation that new tariffs on Canada and Mexico will take effect on March 4. The leading cryptocurrency is down 10% on Tuesday, Mar.
According to a recent Quicktake post by CryptoQuant analyst abramchart, short-term Bitcoin (BTC) investors are incurring losses, suggesting that the crypto market may have hit its bottom and a trend reversal could be on the horizon. Has Bitcoin Bottomed?
Dogecoin has rebounded strongly after hitting a crucial support level, reinforcing bullish expectations laid out in a recent technical analysis. The popular meme cryptocurrency, which suffered a sharp decline last week, has defied concerns of an extended decline by bouncing off the $0.16896 reversal zone and now climbing toward higher levels.
Every last 499,000 ETH—worth $1.39 billion—stolen from Bybit by the notorious Lazarus Group has been fully laundered, and it took them only 10 days for the stolen crypto to disappear into the blockchain, according to EmberCN on X.
After a brief pump above $2,500 levels following Donald Trump's announcement of a strategic crypto reserves, Ethereum has lost all its weekend gains collapsing all the way to the $2,050 level now. With more than a 36% drop already in ETH price since the start of 2025, this could be the worst performing Q1 in
Crypto prices today (March 4): Bitcoin (BTC) price once again crashed to the $83K level on Tuesday, reversing recent gains post-Donald Trump's crypto reserve announcement. Ethereum (ETH), XRP, and Solana (SOL) prices also crashed 14%-20% intraday.
Based on historical records, after every Bitcoin (BTC) bull run, a bear market hits, and this cycle may be no different. Analysts forecast that the upcoming bear market may see the price of Bitcoin dropping as low as $25,000.
The price of bitcoin (BTC) plunged to $82,618 per coin as of 9 p.m. Eastern Time on Monday, marking a significant downturn in the broader cryptocurrency market. The total crypto economy has contracted by more than 12% against the U.S. dollar, now valued at $2.72 trillion.
Economic uncertainty and trade tensions may dampen investor confidence, potentially leading to prolonged volatility in crypto markets. The post Crypto market in free fall ahead of Trump tariff deadline—XRP, ADA, SOL post double-digit losses appeared first on Crypto Briefing.
Cryptocurrency prices were on edge on Tuesday, mirroring the performance of American stocks. Bitcoin price plunged to $84,000, a big drop from the weekend high of over $100,000. The total market cap of all cryptocurrencies tracked by CoinMarketCap plunged by over 10% to $2.77 trillion, while liquidations jumped.
Although Bitcoin (BTC) managed to recover most of its losses over the weekend after tumbling as low as $78,258 on February 28, the premier cryptocurrency has created a massive new Chicago Mercantile Exchange (CME) gap, raising concerns that the digital asset may witness another pullback to the low $80,000 level.
Ethereum price started a fresh decline from the $2,550 zone. ETH is now back below $2,200 and might decline further in the near term.
Critics say the "future" reserve will turn Bitcoin-only, rejecting Trump's altcoin-friendly stance.
$165 million in long ETH positions have been liquidated in the last 12 hours.
Bitcoin price started a fresh decline from the $95,000 resistance zone. BTC is back below $90,000 and might continue to move down.
XRP tumbles as uncertainty looms over Trump's crypto reserve plan. Will lawmakers back a multi-crypto strategy?
This comes as President Trump excludes ETH from his crypto policy plans.
Bitcoin surged past $95,000 during low-liquidity trading hours on Sunday after US President Donald Trump made a major announcement. The formation of a US Crypto Strategic Reserve, including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), set the market ablaze with speculation.
The founder and CEO of the analytics firm CryptoQuant has pointed out how the latest Bitcoin rally saw buying from the Coinbase exchange whales.
Nations delaying Bitcoin reserves risk losing financial autonomy and geopolitical power, highlighting the urgency of strategic crypto adoption. The post Cameron Winklevoss urges nations to stockpile Bitcoin before it's too late appeared first on Crypto Briefing.
Robert Kiyosaki warns of a financial collapse, calling the U.S. dollar a scam. Bitcoin, gold, and silver are his top picks to protect wealth. The post Robert Kiyosaki Says the US Dollar Is a ‘Scam' – Is Bitcoin the Only Safe Haven? appeared first on Cryptonews.
Many industry leaders argue Bitcoin alone should be the basis of a strategic reserve, given its decentralized nature and global acceptance.