Ethereum price is in its third consecutive week in the red as investors remain on the sidelines. Ethereum (ETH) traded at $1,758 this week, its lowest level since October 2023.

Ryan turned down an opportunity to help led the Ethereum Foundation and instead joined Etherealize, an organization focused on bringing Ethereum to Wall Street.

The crypto market recovered some of its losses Wednesday following a lower-than-expected US Consumer Price Index (CPI) report. Bitcoin surged above $84,000, while XRP crossed the $2.25 mark, gaining 6% in the last 24 hours.

Popular cryptocurrency XRP may be running out of steam against its major counterpart, Bitcoin (BTC). As became known thanks to Bollinger Bands, an interesting thing happened - XRP recently hit a middle band at 0.00002685 BTC and, unfortunately for its supporters, did not make it above.

On March 7, President Donald Trump was in attendance at the White House cryptocurrency summit, where he announced the formation of a Strategic Bitcoin Reserve. That repository, should it actually be formed, will contain Bitcoin (BTC 0.62%), and the similar Digital Asset Stockpile will contain other cryptocurrencies.

The digital asset traded just below $82,000 this morning despite positive macroeconomic data that shows tempered inflation. Bitcoin Flatlines as Inflation Eases The dominant cryptocurrency remained mostly flat over the past 24 hours as better-than-expected inflation data cultivated optimism in traditional markets. Bitcoin (BTC) traded within a range of $79,059.43 to $84,358.

With key support levels being tested and bearish momentum building, investors are wondering if ETH can survive.

TL;DR MEXC Ventures invests $36 million in Ethena and its USDe stablecoin to accelerate the adoption of synthetic dollars within the DeFi ecosystem. USDe is a synthetic stablecoin that maintains its value through collateralizing other stablecoins and holding futures positions, differentiating itself from directly fiat-backed stablecoins.

Stablecoin accumulation and increased active addresses indicate investors gearing for a market rebound despite recent volatility and declining trading volumes.

Mike McGlone, the senior commodity strategist at Bloomberg Intelligence, has taken to his social media account to share his take on the prospects the markets are likely to face later this year as the leading cryptocurrencies, Bitcoin and Ethereum, remain in a heavy decline.

Video platform Rumble has purchased 188 BTC for $17.1 million, strengthening its push into the crypto space. The buy aligns with Rumble's $20 million bitcoin treasury strategy. Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy Rumble, the video-sharing and cloud services company, announced the acquisition of 188 BTC for approximately $17.

The Bank of Russia has proposed allowing a limited group of qualified investors to purchase and sell cryptocurrencies under a new three-year experimental legal regime. What Happened: Announced on Wednesday in accordance with President Vladimir Putin's directives, the initiative targets "particularly qualified" investors—individuals with over 100 million rubles ($1.02 million) in securities and deposits or annual income exceeding 50 million rubles ($510,000)—and companies already classified as qualified investors.

Despite recent drops in the crypto market, which could be attributed to the uncertainty around tariffs, spot bitcoin ETF outflows, and crypto-specific events, investors with a long-term conviction in bitcoin may see this as an opportune time to add further to their overall holdings, says eToro's Simon Peters.

Solana (SOL) faces bearish pressure on all fronts, from price action and trading volume to revenue falls. On the cryptocurrency market, Solana's revenue has notably declined from its January figures.

The true impact of Solana's SIMD-228 proposal will only materialize if network adoption accelerates.

A shift in Bitcoin whale activity is occurring on Binance, which may cause the market to go in a different route. There is uncertainty as a result of some major Bitcoin holders decreasing their holdings while others are buying.

Last week, I attended the launch event of Presidio Bitcoin, a new co-working and event space in San Francisco.

Rumble, a Toronto-headquartered video hosting, streamling and cloud platform, joins the corporate Bitcoin (BTC) purchasing mania. The statement about $17.1 million Bitcoin (BTC) added to the treasury comes 10 weeks after Tether's investment in Rumble.

Video-sharing platform Rumble has confirmed the purchase of a cache of BTC for $17 million, joining a growing list of firms embracing the asset. The purchase follows a blueprint to allocate a chunk of its corporate treasury to Bitcoin back in 2024.

The unpredictability of the crypto market hit the famous decentralized perpetual exchange Hyperliquid, as a single Ethereum whale created a $4 million loss for the platform. The news itself is shocking, as the community speculated an insider.

Increased volatility in the Treasury market often leads to reduced risk taking in financial markets.

Bitcoin (BTC) has gone up 3.8% in the past 24 hours as inflation figures from February in the United States came in below the market's expectations.

The premium on Bitcoin futures contracts on the CME has narrowed to its tightest spread since November, erasing the surge tied to Trump's election win, as market focus shifts from political optimism to broader economic factors. CoinDesk's Christine Lee hosts "Chart of the Day.

U.S. inflation report expectations and the reintroduction of Senator Cynthia Lummis' BITCOIN Act are giving BTC a boost Wednesday. Plus, the U.S. House overturns an IRS broker rule on DeFi and the U.S. SEC delays XRP, DOGE, LITE ETFs.

Video platform Rumble has acquired approximately 188 Bitcoin for $17.1 million, averaging $91,000 per coin. This purchase comes as part of its Bitcoin (BTC) treasury strategy.

This is the third crypto cycle I've written about here on Forbes. So far, as you can verify, I've consistently been a bull at the bottom and a bear near the top.

“Under favorable conditions, ETH may reach $6,000–7,000 this year,” an analyst told Decrypt.

Bitcoin (BTC) saw a classic Wall Street sell-off on Mar. 12 as bears tempered a welcome US inflation slowdown. BTC/USD 1-hour chart.

The firm made its first purchase around the time Trump was elected and may made additional bids depending on market conditions.

The crypto market roared to life following the latest U.S. CPI report, which showed inflation easing slightly in February. Bitcoin surged to $84,000, Solana jumped past $127, and XRP spiked above $2.20, as traders piled into risk assets following the data release.

Controversy surrounded an Ethereum transaction, worth 30,098 ETH, when deposited into a lending platform called Sky, because many speculated that the Ethereum Foundation (EF) was secretly lending money to pay their bills. However, key members of the Ethereum team quickly dismissed the claims because an early Ethereum investor owned the wallet.

TL;DR Cboe BZX has requested SEC approval to allow staking in Fidelity's Ethereum ETF, offering additional yields to investors. The SEC is evaluating the proposal in a new context of increased openness toward cryptocurrency-based financial products. If approved, it could drive competition among ETFs and impact ETH liquidity in the market.

A trading expert is projecting that Bitcoin (BTC) will hit a record high of $150,000 in the coming months, even as the leading digital currency consolidates above $80,000 amid prevailing bearish sentiment.

Senator Lummis's Bitcoin Act extends the Federal Reserve's Bitcoin capacity to over 1M bitcoins. We mull over how this might affect the price of Bitcoin, and related coins like BTC Bull Token.

Bitcoin and U.S. stocks rallied Wednesday after February's CPI inflation rate came in at 2.8%, below economists' expectations.

The filing comes one day after Franklin Templeton filed an S-1 with the SEC to list and trade a spot XRP ETF.

Cryptoquant researchers warn bitcoin is teetering between historically undervalued levels and possibly the precipice of a prolonged bear market, with critical onchain metrics signaling heightened downside risks.

What's next for ETH amid Bybit hack FUD and weak market sentiment?

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A large cryptocurrency trader, known as a whale, lost more than $308 million on a leveraged Ether position, underscoring the risks of leveraged trading during volatile market conditions.An unknown crypto trader was liquidated on their 50x leveraged long position for over 160,234 Ether (ETH), worth more than $308 million at the time of writing, Hypurrscan data shows. Leveraged positions use borrowed money to increase the size of an investment, which can boost the size of both gains and losses, making leveraged trading riskier compared to regular investment positions.

Crypto Bitwise Launches ETF Tracking Firms With Over 1,000 Bitcoin Melania Trump's Official Memecoin, Worth Over $13 Billion Barely Two Months Ago, Is Now Valued At $367 Million Dogecoin, XRP ETF Filings Delayed By SEC But Influential Analyst Says ‘Relatively High' Odds Of Approval Pepe Leads Memecoin Rebound WIth 11% Rally, But Dogecoin, Shiba Inu Not That Far Behind House Committee Favors Stablecoin Regulation To ‘Strengthen' Dollar: Majority Whip Says CBDCs Against ‘American Values Bitcoin, Ethereum, Dogecoin Recover On Strategic Reserve Bill In Congress: Top Analyst Foresees BTC's ‘Swift Move' To $88,000-$92,000 If This Happens US Crypto Users Missed Receiving Over $2.

Metaplanet has raised 2 billion yen through an interest-free bond to expand its Bitcoin portfolio. The company has recently acquired 162 more Bitcoin for its treasury.

An Ethereum whale has opened a $270M ETH long position with 50x leverage at $1,896.63.

Hyperliquid absorbed over $4M in losses after an aggressive trader closed a 160,000 ETH long position.

Bitcoin is back in action, surging 3.7% to trade around $84k after nearly a week of losses. However, despite this rebound, a shocking trend is emerging, Bitcoin's long-term growth rate has hit an all-time low.

Starknet, an Ethereum ETH-based Layer-2 network, is working toward a system where Bitcoin BTC and Ethereum operate more seamlessly together.

The investment aims to boost stablecoin adoption and crypto accessibility.

A fresh wave of postponements has swept across the crypto market, as the US Securities and Exchange Commission has delayed decisions on a set of proposed spot exchange-traded funds (ETFs) for XRP, Dogecoin, Solana, and Litecoin.