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news-imageMarch 5, 2025

Economist Schiff Accuses Trump of Manipulating BTC, ETH, ADA, XRP Prices, Claims Crypto Reserve is Inflationary

Peter Schiff, economist and crypto critic, demands an investigation into Trump's crypto reserve, claiming that the announcement might amount to a pump and dump scheme.
Publisher: Zycrypto
Sentiment: Negative
ADA
BTC

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Negative
cover-imageBitcoin
March 6, 2025

Mt Gox Awakens: $1 Billion in Bitcoin Quietly Shifts to an Unknown Wallet

According to Arkham Intelligence and onchain analytics, custodians overseeing Mt Gox's bitcoin holdings have transferred 11,833.64 BTC, valued at over $1 billion based on prevailing bitcoin prices. The substantial bitcoin (BTC) transaction occurred Wednesday at block height 886,484, involving precisely 11,833.64 BTC, equating to roughly $1.066 billion.

Negative
cover-imageTokenpost
March 6, 2025

Ethereum's Pectra Upgrade Faces Delays After Test Network Errors

Ethereums highly anticipated Pectra upgrade, designed to improve blockchain efficiency and user experience, hit a roadblock during testing on the Sepolia testnet. Initially, developers celebrated the tests success, but hours later, the network began experiencing issues, including empty blocks being added to the chain.

Positive
cover-imageTokenpost
March 6, 2025

El Salvador Defies IMF Deal, Continues Bitcoin Accumulation

El Salvador, under President Nayib Bukele, remains committed to buying Bitcoin despite securing a deal with the International Monetary Fund (IMF). Contrary to speculation that the agreement might halt its Bitcoin strategy, Bukele reaffirmed his stance on X, stating, No, its not stopping.

Positive
cover-imageThe Currency Analytics
March 6, 2025

XRP Active Addresses Surge 620% as Supply Drops on Exchanges

XRP has been showing signs of significant market shifts, with recent data highlighting a sharp rise in both active addresses and the movement of large XRP holdings off exchanges. According to crypto researchers, these developments could signal the potential for a price surge due to tightening supply and increasing demand.

Positive
cover-imageBitcoin
March 5, 2025

BTC Price Analysis: Bulls Eye $95K as Key Resistance Levels Tighten

Bitcoin vaulted to $90,106, reflecting a $1.78 trillion market valuation and $52 billion in daily trading activity, as price volatility danced between $86,415 and $90,917—a microcosm of a market balancing consolidation with latent ambition. BTC Bitcoin‘s daily chart scrutiny unveils a prolonged uptrend birthed in late 2024, peaking near $109,356 per BTC before retreating.

Negative
cover-imageThe Currency Analytics
March 5, 2025

XRP Faces Growing Sell Pressure, Price Drop Likely

XRP, one of the top cryptocurrencies, is currently facing increasing selling pressure, raising concerns over a potential price drop. After experiencing significant gains in recent days, XRP's upward momentum seems to be waning as a growing number of new market entrants begin selling their holdings.

Positive
cover-imageBitcoinist
March 5, 2025

XRP Active Addresses Soar 620% As Price Volatility Continues

On-chain data shows activity on the XRP network has registered a large spike over the past week as volatility has engulfed the market. XRP Active Addresses & Volume Have Shot Up Recently In a new post on X, analyst Ali Martinez has discussed about the latest trend in the Active Addresses of XRP.

Neutral
cover-imageCryptoSlate
March 5, 2025

Bitcoin must conquer $92k to build upwards momentum, $70k key zone for support

Bitcoin's (BTC) price action remains centered around critical levels, with $92,000 acting as a necessary threshold for upward momentum and $70,000 emerging as a key support zone, according to a recent Glassnode report. The report highlighted that price structure and on-chain data indicate strong confluence at these levels, shaping the broader market outlook.

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