WLFI launched the USD1 token on Ethereum and Binance, although it's not yet tradable.
According to a detailed CoinGecko report, sales of Ethereum by the Ethereum Foundation (EF) do not have as big an effect on the token's price as is generally believed.
Custodia Bank and Vantage Bank have issued the first US bank-backed stablecoin, called Avit, on a public blockchain network, according to a March 25 press release. The stablecoin was used in a series of test transactions with a business customer.
Ethereum faces growing competition from faster, cheaper blockchains as experts warn of declining momentum and investor interest. Analysts cite shifting activity to Layer 2 networks, weakening DeFi prospects, and rising speculative trends like memecoin trading as key challenges. The post Analysts Say Ethereum Struggles as Competition Intensifies: FT appeared first on Cryptonews.
Ethereum is trading back above the key $2,000 level after spending several volatile weeks attempting to reclaim it. Since late February, ETH has dropped more than 38%, triggering widespread panic as the price broke below major support and briefly dipped under $1,800.
Custodia Bank and Vantage Bank have successfully launched the first-ever U.S. bank-issued stablecoin on a permissionless blockchain. The new stablecoin, named Avit, was issued, transferred, and redeemed using the Ethereum blockchain.
The crypto market lost momentum on Tuesday, with Bitcoin price pulling back from this week's high of $89,000. Other altcoins like Ethereum (ETH) and Ripple (XRP) remained in a tight range.
Abracadabra.Money, a decentralized lending platform, experienced a cyber attack that resulted in the loss of approximately 13 million dollars in Ethereum (ETH). The attack, aimed at pools linked to GMX tokens, has raised questions about the security of the platform. However, GMX has denied any vulnerabilities in its smart contracts.
Magic Internet Money (MIM) was exploited for 6,260 ETH, taken from lending vaults on Arbitrum. While MIM used GMX smart contracts, neither the GMX project nor the GM token were affected by the hack.
World Liberty Financial Inc. (“WLFI”), a somewhat defi platform connected to the Trump family, is launching USD1 on ethereum and the Binance Smart Chain.
Ethereum (ETH) has been going up for three days in a row after its bullish breakout last week as market sentiment started to improve following the Federal Reserve's meeting last week.
The launch of USD1 stablecoin could significantly enhance DeFi's appeal to traditional financial institutions, bridging crypto and conventional finance. The post Trump-backed World Liberty Financial confirms plans to debut USD1 stablecoin on Ethereum, BNB Chain appeared first on Crypto Briefing.
The broader cryptocurrency space has been notified of another scam alert involving GMX, a decentralized exchange. The malicious actors stole Ethereum (ETH) valued at approximately $13 million, or 6,260 ETH.
The asset management giant Fidelity hopes to launch a blockchain-tracked share class for one of its existing funds. The Fidelity Treasury Digital Fund is 99.99% invested in U.S. Treasury bills. A new filing with the U.S.
In this exclusive interview, crypto.news sits down with Vladislav Martynov, a seasoned high-tech entrepreneur and blockchain pioneer.
Ethereum's price movement has been slow compared to other major cryptos, but BitMEX co-founder Arthur Hayes remains bullish. In a bold prediction, he claims that Ethereum (ETH) will reach $5,000 before Solana (SOL) hits $300. This statement has sparked debates on whether ETH can outperform SOL in the coming months.
The crypto market registered a marginal increase over the past 24 hours as prices steadied, with its current market cap at $2.83 trillion. Bitcoin (BTC) reached an intraday peak of $88,635 before declining and steadying itself around $86,500.
On-chain data has indicated a surge in Etehreum's stablecoin supply to a new all-time high of $132.4 billion, with USDT and USDC accounting for a huge percentage of the total supply on the blockchain. As of March 24, the USDT supply on Ethereum hit over $75 billion, while the USDC supply stood at a little over $39 billion.
ETH saw a massive liquidity inflow as the market reacts positively.
Ether's (ETH) price printed a bear flag on the daily chart, a technical chart formation associated with strong downward momentum. Could this bearish setup and decreasing transaction fees signal the start of the second leg of ETH's drop toward $1,200?
They conducted a series of eight regulated test transactions, involving minting, transferring, and redeeming Avit tokens under full U.S. banking compliance.
Bitcoin's market sentiment hits a six-week high, with Ethereum following suit.
The new Kentucky law also clarifies that neither mining nor staking rewards are classified as securities.
President Trump-backed World Liberty Financial has deployed a USD-pegged stablecoin on Ethereum and BNB Chain networks while his administration advances stablecoin regulation.
World Liberty Financial, a crypto project supported by the President of the United States Donald Trump, has launched the stablecoin USD1 on BNB Chain and Ethereum. Currently, USD1 has a total supply of over 3.5 million dollars. However, as officially stated by the company, the token is not currently tradable.
BitMEX co-founder Arthur Hayes has once again stolen the spotlight with his recent comment on the social media platform. In a recent X post, Hayes said that Ethereum price will hit a new all-time high of $5,000 before Solana's rally to $300.
Ethereum holds above $2,000 with strong on-chain metrics while analysts predict a possible retracement to $1,900 before potentially surging to $3,000.
A major Bitcoin whale has made a significant move, adding $200 million worth of Bitcoin to its holdings after selling over 11,400 BTC in recent months. This comes as Bitcoin experiences a rebound in price. Despite some sales in February, the whale now holds over 15,000 BTC, valued at more than $1.3 billion.
ETPs, the heavily scrutinized investment vehicles, have delivered a resounding verdict: Ethereum is losing ground against XRP and Solana. According to CoinShares, net outflows from ETH-related products reached 86 million dollars in one week, while its rivals are nibbling away at market shares.
Standard Chartered analysts say Ethereum is going through a “midlife crisis,” with ETH struggling to hold around $2,000.
Sonic's on-chain activity and its DeFi ecosystem have seen unprecedented growth since the upgrade.
Cardano's ADA surged 350% against Ethereum in 2024, but technical and on-chain data now point to a potential 30% correction.
Ethereum's (ETH) price is likely going to revisit $1,900s before it explodes to $3,000 or higher, according to one crypto analyst. This outlook could provide a buying opportunity where patient investors could accumulate ETH before it explodes higher.
On Monday, Ethereum (ETH) recovered the $2,000 support, fueled by the market's recovery. After hitting a two-week high of $2,104, an analyst noted that the cryptocurrency could end March positively.
Ethereum price started a recovery wave above the $2,000 zone. ETH is now consolidating and facing hurdles near the $2,100 resistance.
The cryptocurrency market continued its climb on Tuesday. Bitcoin hovered near $87,000, leading a broader rally in altcoins. Solana and ETH were also showing strong recovery on Tuesday. Investor sentiments have improved following reports that the White House is considering a more moderate stance on tariffs, easing concerns over potential economic disruptions.
XRP and Solana saw the highest inflows among altcoin-based exchange-traded products (ETPs) in the week ending March 21, with $6.71 million and $6.44 million.
Deep-pocketed traders triggered a price crash over the weekend after depositing a huge chunk of an altcoin's supply to digital asset exchanges. According to blockchain tracking firm Lookonchain, whales in the Bounce (AUCTION) market have been greatly influencing the altcoin's price action for the past week, causing massive swings in both directions.
The latest weekly crypto asset fund flows report from CoinShares shows a significant turnaround in sentiment. According to the European digital asset manager, crypto investment products recorded $644 million in inflows last week, ending a five-week streak of outflows.
Ethereum price rises in past week amid broader crypto market recovery. Exchange reserves drop to 18.32 million ETH, down 7% from February peak.
Major cryptos like Bitcoin, Ethereum, and Solana show rising bullish sentiment, but liquidation risks grow.
Ethereum price has recently gained attention from analysts as it shows signs of completing a key phase in its cycle. According to analysts, Ethereum price may be exiting the “manipulation phase” — the final phase before an upward expansion, based on classic Wyckoff accumulation patterns.
The Donald Trump-backed crypto venture World Liberty Financial launched a US dollar-pegged stablecoin with a total supply of more than $3.5 million.According to data from Etherscan and BscScan, the project launched the World Liberty Financial USD (USD1) token in early March. Former Binance CEO Changpeng “CZ” Zhao noted the project's smart contract was deployed on the BNB Chain and Ethereum, while World Liberty said the stablecoin was “not currently tradeable.
Multicoin Capital Co-Founder Kyle Samani sheds light on the current crypto VC landscape and lays out his bull thesis for Solana.
Crypto markets are rallying on Monday as the S&P 500 is having its best day in two months. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $88,253.26 +3.8% Ethereum (CRYPTO: ETH) $2,091.79 +4.8% Solana (CRYPTO: SOL) $142.75 +9.3% XRP (CRYPTO: XRP) $2.46 +2.8% Dogecoin (CRYPTO: DOGE) $0.1865 +9.1% Shiba Inu (CRYPTO: SHIB) $0.00001359 +5.7% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 1.6% and daily active addresses falling by 6.4%.
Ethereum's Q1 woes deepen with a 22% price drop, but declining exchange reserves hint at reduced selling pressure ahead.
Fidelity said it sees tokenization as a way to drive "transactional efficiencies with access, and allocation, of capital across markets."
The Trump administration's proposal for a U.S. digital asset stockpile would include coins like Ethereum and Solana and there is valid reason to do so, according to Jim Iuorio