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news-imageFebruary 28, 2025

Ethereum Drops Towards $2,000, Shiba Inu Network Sees 98% Decline, Luckily This Crypto Is Saving Investors' Portfolios

The Ethereum market value experienced considerable downward pressure by pushing the cryptocurrency toward the important $2,200 support point. The sustained price reduction of Ethereum continues to concern market participants about potential deeper losses or chances to recover previous value.
Publisher: Cryptopolitan
Sentiment: Negative
ETH
SHIB

More News Articles

Negative
cover-imageBenzinga
February 28, 2025

Bitcoin Plummets Below $80,000, Ethereum, XRP, Dogecoin Get Hammered As Crypto Crash Continues

Bitcoin (CRYPTO: BTC) continues to tumble, falling as low as $78,433 in early Friday morning hours amid a record streak of spot Bitcoin ETF outflows. What Happened: According to data from SoSoValue, U.S. spot Bitcoin ETFs have seen $3.2 billion in net outflows over an eight-day period, matching the longest negative streak since their debut.

Positive
cover-imageThe Currency Analytics
February 28, 2025

Shiba Inu's 4137% Burn Rate Shows Price Potential

Shiba Inu (SHIB) has been garnering significant attention in the cryptocurrency market, and for good reason. The cryptocurrency coin, which once captured the hearts of retail investors, has experienced a remarkable surge in its burn rate.

Negative
cover-imageBenzinga
February 28, 2025

Bybit's Mega Ethereum Hack Sparks Hard Fork Divide—A Choice Between Preventing Kim Jong Un's Nuclear Ambitions And Blockchain Immutability?

The $1.4 billion Ethereum (CRYPTO: ETH) theft from cryptocurrency exchange Bybit has not only sent shockwaves through the market but also revived a long-standing contentious debate—implementing a hard fork to recover hacked funds. The enormity of the hack, considered the biggest in cryptocurrency history, and the involvement of North Korea's state-backed Lazarus Group have motivated these demands.

Negative
cover-imageCrypto Economy
February 28, 2025

Crypto Bloodbath: Bitcoin and Ether Plunge on Tariff Uncertainty

TL;DR Market Plunge: Bitcoin and Ether drop below key levels, $80K and $2,100 as tariff uncertainty shakes investor confidence. Tariff Tension: U.S. tariff hikes on imports stoke fears of trade wars, potentially driving inflation and economic slowdowns. Liquidation Wave: Hedge fund sell-offs trigger over $1.34B in crypto liquidations, dragging down overall market cap by 7.25%.

Negative
cover-imageCryptopolitan
February 28, 2025

Ethereum erases 50% value post-Trump markets

According to the Global Capital Markets analysis team, the Kobeissi Letter, Ethereum (ETH) has shed almost 50% of its value since the end-2024 bull market run that began when President Donald Trump won the US elections. The global crypto market is also down 30% from its 3-month high of $3.895 trillion, according to Coingecko.

Negative
cover-imageTokenpost
February 28, 2025

Ethereum Plunges Over 10%, Hits Multi-Month Low

Ethereum (ETH) tumbled 10.12% on Friday, marking its steepest one-day drop since February 24. Trading at $2,104.07 by 00:54 (05:54 GMT) on the Investing.com Index, ETHs market cap fell to $255.71 billion, representing 9.66% of the total crypto market.

Positive
cover-imageInvezz
February 28, 2025

This crypto matches Shiba Inu's (SHIB) hype and Solana's (SOL) long-term potential—how will it fare in 2025?

Rexas Finance enters the cryptocurrency market with quickly rising popularity alongside its promising future prospects. The cryptocurrency market is drawn to Rexas Finance through its blend of SHIB-like hype and SOL-like future potential. Its innovative features and ambitious plans are positioning it as a strong player in the crypto space.

Neutral
cover-imageThe Currency Analytics
February 28, 2025

Ethereum Price at Critical Level: 82% of Holders in Profit

Ethereum (ETH) is facing a crucial moment in its price journey, with its current value hovering near a key support level of $2,345. As the second-largest cryptocurrency by market capitalization, Ethereum's price movements are closely watched by investors, analysts, and traders alike.

Negative
cover-imageInvezz
February 28, 2025

Bybit theft: Hacker launders over 50% of stolen $1.4B in Ethereum

A hacker responsible for the $1.4 billion Bybit heist has laundered over 50% of the stolen Ethereum in just five days, pushing THORChain's transaction volumes to record highs. According to blockchain analytics firm Spot On Chain, the attacker moved 266,309 Ethereum (ETH), worth approximately $614 million, at an average rate of 48,420 ETH per day.

Negative
cover-imageThe Currency Analytics
February 28, 2025

Ethereum Price Faces Pressure, Testing Key Support at $2,200

Ethereum has been experiencing significant downward pressure, as the ongoing bear market intensifies. The cryptocurrency has seen a substantial drop over the past few days, and it now finds itself testing crucial support levels that could determine its next major price movement.

Positive
cover-imageBenzinga
February 28, 2025

Jamie Dimon Was A Believer In Smart Contract Cryptos Long Before JPMorgan Hit The Buy Button On Ethereum ETFs: Here's What The CEO Said

Jamie Dimon, the CEO of banking heavyweight JPMorgan, has acknowledged the importance of smart contracts-based cryptocurrencies, in stark contrast to his views on Bitcoin (CRYPTO: BTC). What happened: During a CNBC interview in January 2023, the CEO of the world's most valuable banking company stated that cryptocurrencies with embedded smart contracts possess value.

Positive
cover-imageThe Currency Analytics
February 28, 2025

Shiba Inu's Duel Mode to Burn 10B SHIB Daily

Shiba Inu's ecosystem team has rolled out an exciting initiative designed to encourage both player engagement and burn tokens to reduce the circulating supply. The newly introduced Shiba Eternity game mode, called Duel Mode, is a player-versus-player contest where participants compete against each other for SHIB rewards.

Neutral
cover-imageThe Currency Analytics
February 28, 2025

Shiba Inu Holding Time Rises Amid Market Downturn

Shiba Inu (SHIB) investors are demonstrating increasing confidence, as reflected in a notable shift in their behavior. As prices of many assets plummet, Shiba Inu holders have been raising their average holding time, signaling faith in the asset's long-term potential despite a general market slump.

Neutral
cover-imageCoinPedia
February 28, 2025

SHIB Price Struggles Despite 31.5M Tokens Burned, What's Next?

Shiba Inu (SHIB), the world's second-largest meme coin, is poised for a price recovery due to bullish price action and an impressive 24-hour burn rate. Data from the SHIB burn tracker recently revealed in a post on X (formerly Twitter) that the meme coin's burn rate has surged by a staggering 4,137.

Negative
cover-imageThe Currency Analytics
February 28, 2025

Ethereum Spot ETF Outflows Surge as Price Nears Yearly Low

Ethereum (ETH) has experienced significant volatility recently, driven by various factors, including macroeconomic pressures and changing market sentiment. At press time, ETH is trading at $2,347, a low not seen since November 2024, as it faces increased outflows from spot ETFs and a bearish market sentiment.

Positive
cover-imageBitcoin
February 28, 2025

Ethereum Foundation Allocates $2M to Boost Academic Blockchain Research

The Ethereum Foundation has announced $2 million in grants for Ethereum-related academic research, with proposals due by March 16, 2025. Ethereum Foundation Launches Third Annual Academic Grants Round The Ethereum Foundation is offering $2 million in grants to support academic research related to Ethereum, with applications accepted until 23:59 AoE on March 16, 2025.

Positive
cover-imageUToday
February 28, 2025

3 Major Dogecoin (DOGE) Support Levels, Shiba Inu (SHIB) Attempts Solid Recovery, Solana (SOL) Sees Secret Whale Accumulation

Despite recent declines to $0.209 due to intense bearish pressure, Dogecoin's price action may be determined by three key support levels in the future. According to the current price chart, these levels are based on past local peaks, which have a history of serving as areas of high demand during corrections.

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