DOGE launched a ranking system to track agency cost-cutting, claiming $65B in savings, though $38B remains unverified.
Bitcoin plunged to a three-month low below $88,000 Tuesday morning, dragging the wider crypto market down with it.
As the competition heats up for the next altcoin exchange-traded fund (ETF), BlackRock has remained noticeably absent from the race for a Solana (SOL) ETF. The post BlackRock Stays Silent on Solana ETF Plans as Rivals Race Ahead appeared first on Cryptonews.
Economist Torsten Sløk warns DOGE-related layoffs could reach 1 million, impacting federal contractors amid Trump and Musk's spending cuts.
Ethereum (ETH) plunged over 5% on Tuesday to $2,375, with its 50-day simple moving average (SMA) nearing a crossover below the 200-day SMAa formation known as the death cross. This technical pattern suggests weakening short-term momentum and could signal a larger bearish trend.
Ethereum (ETH) has dropped 11.5% in the past 24 hours, bringing it dangerously close to triggering massive liquidations on MakerDAO. On-chain data reveals that three major positions, valued between $109 million and $126 million each, will be liquidated if ETH falls to $1,926, $1,842, and $1,793.
Solana faces downward price pressure as a whale transfers $127 million in tokens and a major unlock of 11.2 million SOL approaches on March 1
In the aftermath of the Bybit hack, the crypto market sell-off is deepening, with combined crypto liquidations reaching $1.34 billion in the past 24 hours. While Bitcoin (BTC), Ethereum (ETH) and XRP are leading this sell-off, almost all altcoins in the top 100 are experiencing massive price drawdowns.
ETH needs to drop another 19% to trigger the first liquidation.
CryptoQuant CEO Ki Young Ju is shaking up the idea of “Altcoin Season” as we know it, suggesting that only a select few altcoins will thrive in 2025. Unlike past cycles, where almost all altcoins are pumped together, Ju believes this bull run will favor projects with strong projects with real-world use cases.
Massive ETH shorts risk liquidation at $3,000 as price gear up for potential uptrend.
Solana has suffered a sharp decline, dropping to its lowest level since November as selling pressure keeps mounting ahead of a major token unlock.
Ethereum's Pectra upgrade stalled during its first testnet deployment due to execution client bugs, but testing will continue with the upgrade still expected to bring important improvements including increased validator limits and better Layer-2 scaling.
The crypto market crash plunges Ethereum (ETH) 15% to revisit $2,300 levels. Amid the crash, the silver linings shine bright and tease a potential to buy at discount prices. Will this downfall record a quick V-shaped reversal in ETH prices?
Ethereum's price shows mixed signals as retail traders increase short positions despite a bullish MACD crossover, with the cryptocurrency trading above $2,775 but facing potential pullback toward $2,700 amid large transfers from Binance to exchanges.
Dogecoin has experienced a 5% price drop, falling below $0.25 to test the $0.2050 support level, and now faces a critical juncture with $0.20 serving as a major support while resistance at $0.2180 could determine if recovery is possible.
Ethereum (ETH) has recently seen a noticeable shift in investor sentiment, as retail traders increasingly position themselves against the cryptocurrency. This change comes despite bullish indicators, including a MACD crossover confirming a potential price increase.
Sam Bankman-Fried has evidently posted tweets from prison after a period of silence. His online remarks on Elon Musk's X, the first in more than two years and since his incarceration following the collapse of FTX, contain reflections on workforce management and broader industry trends.
The crypto markets are painted in red today, with the S&P 500 dropping close to 3% in the past few days. The Solana price, which was already trading in a sinking ship, witnessed a rise in the selling pressure, which caused the price to drop below $140.
Time.fun's latest move comes after a trial deployment on the Base network last year, which, by the company's standards, was largely successful.
Crypto market crash adds fuel to the growing token unlock fear among Solana holders. Solana (SOL) price crashed under $150 and warned of a plunge to $100 as Bitcoin hangs at $90K support.
Cryptocurrencies bitcoin and ether dropped to multi-month lows on Tuesday, caught up in a general cross-market sell-off, and as traders continued to process last week's hack of $1.5 billion worth of ether from cryptoexchange Bybit.
Crypto exchange Bybit has recently announced that it has replenished its reserves following its staggering $1.5 billion hack, marking the largest breach in the history of the cryptocurrency industry.
Historically bullish, February turns red for Ethereum as economic uncertainty, Trump's tariffs, and the Bybit hack push ETH below $2,400.
The cryptocurrency market is not new in terms of periods of strong altcoin activity, often accompanied by a notable drop in the dominance of Bitcoin, which lets altcoins shine. Altcoin seasons have historically been linked with these times of weakening Bitcoin market dominance, opening the path for alternative cryptocurrencies to record notable price swings.
Wintermute withdrew over $38 million worth of Solana (SOL) from Binance on Feb. 24, just days before the largest token unlock in Solana's history, scheduled for March 1.
The Bybit hack, which resulted in the loss of $1.4 billion in Ethereum-related tokens, has sparked debate over its root cause.
DOGE, SHIB, PEPE, and BONK are seeing massive losses, while BTC and XRP continued to outperform, maintaining significant post-election price gains.
The crypto market is witnessing another major wave of volatility today, with meme coins, altcoins like Solana, and even Bitcoin prices taking a major hit. Amid these declines and massive liquidation, a crypto trader lost $24M while swapping TRUMP tokens for USDC.
Bybit swiftly repaid the 40,000 ETH loan from Bitget, ensuring smooth withdrawals after a $1.4 billion hack attributed to the Lazarus Group.
Dogecoin (DOGE) price has slipped to test a multi-month support level of $0.20 after the broader crypto market retraced, causing a record $880M in liquidations within 24 hours. The decline in DOGE price forced the closure of many long positions, leading to a drop in open interest.
Bybit has transferred nearly $100 million worth of ETH back to Bitget. Bitget loaned 40,000 ETH to Bybit immediately after the $1.4 billion hack.
XRP, BNB, and DOGE are facing key technical breakdowns, triggering fresh downside risks. Will these dips lead to deeper losses or present new buying opportunities?
Rachel Aguirre, the head of U.S. iShares products at BlackRock, highlighted the company's three key principles applied when considering the launch of a Solana ETF. She said that BlackRock's focus remained on meeting customer needs, defining the investment thesis, and evaluating the suitability of ETF packaging.
Amid broader crypto market correction, Ethereum price has tanked by a solid 8% today slipping under $2,500 levels. The world's largest altcoin is on the path to registering its worst February in history, with more than 23% fall already so far this month.
The crypto market tumbled as Trump reaffirmed tariffs on Mexico and Canada, sparking investor anxiety, with Bitcoin slipping below $92,000. The post Bitcoin, Ethereum Tumble With $900M in Crypto Liquidations on Tariff Worries appeared first on Cryptonews.
The crypto markets are witnessing massive sell-offs, which have dragged the major cryptos below their pivotal support levels. Bitcoin dropped below $94,000 initially and later formed the bottom below $92,000 and interestingly, it does not appear to halt the ongoing bearish trend.
The crypto space has plunged over 5% overnight, owing to the recently announced tariff plan and massive liquidations. This resulted in the business losing over $110 billion. With this, the market is now valued at just above the $3 Trillion mark.
On-chain analyst EmberCN revealed that the Bybit exchange hacker has laundered 89,500 ETH in the past two and a half days. According to the firm, the hacker has laundered nearly $224 million, which was 18% of the total Ethereum he stole (499,000ETH).
The directors of the Securities and Exchange Commission's regional offices will reportedly be soon out of a job as the agency looks to cut costs.
Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE tested $0.2050 is now consolidating below the $0.2250 resistance.
Ethereum's retail investors are increasingly betting against the altcoin despite a bullish crossover confirmation.
Ethereums highly anticipated Pectra upgrade launched on the Holesky testnet but failed to finalize as expected. Activated at 21:55 UTC, the upgrade encountered an unexpected issue, leading developers to investigate via the Eth RD Discord channel.
Ethereum saw a sharp decline on Monday, dropping 10.9% to $2,512.20 by 18:00 (23:00 GMT) on the Investing.com Index. This marked its biggest single-day loss since February 24, pushing its market cap down to $311.85 billion, accounting for 10.25% of the total crypto market.
Ripple CTO David Schwartz has weighed in on the ongoing debate about Bitcoin (BTC), Ethereum (ETH), and the XRP Ledger (XRPL), emphasizing XRPLs technical advantages. Responding to an X users comparison of transaction models, Schwartz stated that while Bitcoin dominates due to brand recognition rather than technical superiority, XRPL offers clear benefits over Bitcoin.
Solana has plunged 45% against Bitcoin, marking one of the most significant market shifts of 2025. While SOL has suffered heavy losses, Bitcoins rising dominance signals a liquidity outflow from altcoins.
Solana-based token issuance platform Pump.Fun appears to be developing its own automated market maker (AMM), according to a newly discovered URL, though no official announcement has been made. An AMM enables decentralized trading by using liquidity pools instead of traditional order books.