Ethereum has dropped 33% in three weeks to around $1,891, breaking key support levels while developers continue work on the Pectra upgrade amid growing competition.

Ethereum's gas fees have dropped by 95% in the year following the Dencun upgrade, significantly reducing transaction costs.

Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, is experiencing a severe downturn, marking what could be its worst quarter in history.

Russian oil firms are using Bitcoin, Ethereum, and stablecoins to convert Chinese yuan and Indian rupees into roubles for trade as Western sanctions persist.

The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling.

The crypto market is set to see $3.29 billion in Bitcoin and Ethereum options expire today, a development that could trigger short-term price volatility and impact traders' profitability.

As Bitcoin (BTC) price attempts to mirror gold's parabolic move, Ethereum (ETH) price has suffered a relentless bearish outlook. The large-cap altcoin, with a fully diluted valuation of about $228 billion and a 24-hour average trading volume of around $19 billion, has been trapped in a multi-week correction. Since the second inauguration of U.S.

The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple is close to an end, with a settlement potentially coming soon, according to sources shared with Fox Business' Eleanor Terrett. Ripple's legal team is currently negotiating for better terms after a court ruling in August 2023.

Ethereum price started a recovery wave above the $1,820 zone. ETH is now consolidating and facing hurdles near the $1,950 resistance.

Ethereum developers are launching the Hooli testnet on Monday to conduct a final trial of the Pectra upgrade before its mainnet deployment. The decision follows two failed tests on Ethereums existing test networks, Sepolia and Holesky, where configuration errors disrupted testing.

Previous Pectra activations on the Holesky and Sepolia testnets ran into configuration issues, pushing back the official release schedule.

Ethereum core developers have decided to create a third testnet, Hoodi, to better prepare for the Pectra upgrade, which has now been delayed until at least late April after the first two testnets encountered several bugs.The Hoodi testnet will launch on March 17 and the Pectra upgrade for it will be activated on March 26, Ethereum Foundation developer Tim Beiko said following the Ethereum All Core Dev Call on March 13. If Pectra runs smoothly on Hoodi without major issues, core developers could set a mainnet launch date for Pectra as soon as 30 days after Hoodi's activation, Beiko said.

A popular crypto analyst thinks Ethereum (ETH) will have to endure some “pain” before rebounding. In a new YouTube video, Benjamin Cowen tells his 886,000 subscribers that there probably needs to be a change in monetary policy in order for ETH's chart against Bitcoin (BTC) to bottom.

Two Ethereum (ETH)-based altcoins are skyrocketing after gaining support from the top US-based crypto exchange platform by volume. In new posts on the social media platform X, Coinbase is announcing the additions of the decentralized finance (DeFi) platform Maple Syrup (SYRUP) and artificial intelligence (AI)-based token Aethir (ATH) to its suite of digital asset products.

The XRP community is anticipating the potential announcement of the settlement of the lawsuit filed by the US Securities and Exchange Commission (SEC) against Ripple Labs Inc. As the settlement negotiation progresses, new updates on the causes of delays have emerged. According to Fox Business Senior Correspondent Charles Gasparino, the Ethereum ICO might be a

Cryptocurrencies saw another day of bearish price action on Thursday, with only XRP displaying relative strength. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $80,353.45 -3% Ethereum (CRYPTO: ETH) $1,852.08 -1.5% Solana (CRYPTO: SOL) $121.79 -2.4% XRP (CRYPTO: XRP) $2.24 +0.4% Dogecoin (CRYPTO: DOGE) $0.1631 -3.7% Shiba Inu (CRYPTO: SHIB) $0.00001190 -2.9% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 10.7% and daily active addresses falling by 5%.

Ethereum (ETH) developers are set to launch Hoodi, a new long-lived testnet, on March 17 as they work to resolve ongoing challenges with the highly anticipated Pectra upgrade. The testnet will primarily focus on validator exit mechanisms, one of the final hurdles before Pectra can move forward.

Ethereum (ETH) price tumbled below $2,000 on Thursday as bulls failed to counter a wave of liquidations. This comes despite the latest US Producer Price Index (PPI) data confirming a continued slowdown in industrial inflation.

Ethereum recorded 15% and 30% weekly and monthly price drops. Trading analysts forecast Ether could crash to much lower price ranges.

The prolonged legal battle between the SEC and Ripple Labs, initiated in December 2020 over the alleged $1.3 billion unregistered XRP (CRYPTO: XRP) sale, may soon conclude, according to a Fox Business report. A key point of contention in the negotiations is whether's XRP's utility and trading status align more closely with a commodity, similar to Ethereum (CRYPTO: ETH), rather than a security.

The market capitalization of the stablecoin segment has reached $236 billion, surpassing that of Ethereum.

Core developers hope the third attempt will clear the path for a major blockchain update by May.

The ETH/BTC downtrend reflects Ethereum's struggle against Bitcoin's dominance.

Popular XRP advocate and author of “3 Steps to Quantum Wealth” Linda P. Jones believes that institutions will expand their crypto investments beyond Bitcoin and Ethereum to include XRP ETFs.

Crypto experts weighed in on Bitcoin‘s (CRYPTO: BTC) price drop below $80,000 on Thursday, predicting potential price bottoms for major cryptocurrencies amid ongoing economic uncertainty. Michal Pospieszalski of SwissFortress told Benzinga that Bitcoin could find a floor between $60,000 and $65,000 if it falls below $70,000, while Meg Lister of Gitcoin Labs cautioned that pinpointing a bottom remains challenging and could extend into the coming months, depending on U.S. economic policy shifts.

Ethereum's price has remained under significant pressure over the past month, yet staking activity has surged.

In the past few days, the overall cryptocurrency market has experienced a notable price decline. Amid this, Ethereum (ETH), the world's second-largest cryptocurrency by market cap, has reached a crucial level near $1,800 for the first time since 2023. However, investors and long-term holders view this level as an ideal buying opportunity.

Ethereum price continued its strong downward trend against the US dollar and Bitcoin as its linear weekly futures moved into backwardation. Ethereum (ETH) crashed to 0.

A decisive update

Bitcoin and Ethereum have long been the undisputed titans of the cryptocurrency world. They've set benchmarks as the standard-bearers for decentralized finance, shaping the crypto landscape as we know it. Bitcoin's role as “digital gold” and Ethereum's pioneering of smart contracts have positioned them as must-haves in every investor's portfolio.

The Cboe BZX Exchange proposed a rule change with the U.S. SEC on behalf of Invesco Galaxy seeking the approval for in-kind creation and redemption of Invesco Galaxy's Bitcoin and Ethereum ETF shares. The public has been invited to give feedback on the matter as the U.S. SEC reviews Cboe's proposed rule change.

Bitcoin, Ethereum, and XRP maintain their gains after a highly volatile session driven by the latest U.S. CPI report. The inflation data showed a slight decline, fueling expectations that the Federal Reserve may pivot sooner than expected.

Ethereum (ETH) is facing significant selling pressure, trading below the $1,900 mark as market uncertainty continues to weigh on price action. After losing the critical $2,000 level, ETH plunged as low as $1,750, marking its lowest point since October 2023.

A leveraged Ethereum trade on Hyperliquid resulted in a rare outcome where a whale secured profits despite being liquidated, while the platform's liquidity pool absorbed a multi-million dollar loss.

Due to Ethereum's protracted decline, there has been a lot of conjecture regarding its long-term sustainability. Nevertheless, leading analyst Chris Burniske thinks that reports of Ethereum's demise are wildly inflated despite the pessimism.

If the price of Ether (ETH) falls by a further 20%, the price decline could trigger a cascade of up to $336 million in decentralized finance (DeFi) liquidations, according to Kevin Rusher, founder of the real-world asset (RWA) lending platform RAAC.The executive warned that a decline to $1,857 would trigger $136 million in liquidations, and a price drop to $1,780 could potentially trigger an additional $117 million in loan liquidations — making these the next price levels to watch. Rusher added that the worst-case scenario would be a 20% drop in ETH's price to around the $1,500 price level, which could liquidate $336 million in DeFi loans, sending the markets tumbling.

Financial markets have their own memory, and cryptocurrencies are no exception. Thus, when an asset shows alarming similarities to a past crash, analysts sound the alarm.

The whale that saddled Hyperliquid with $4M in toxic debt is back, opening a long position on Ethereum (ETH) and going short on Bitcoin (BTC).

Lazarus Group laundered $750K through Tornado Cash on March 13. New BeaverTail malware targets Solana and Exodus wallets.

The Pectra upgrade, the biggest update on Ethereum since The Merge, went live on February 24 after being postponed earlier in the year.

Ethereum's price has been going through a horrifying crash, as the second largest crypto has lost more than half of its value over the past few months.

The crypto market remained flat for most of the day after a brief rally following better-than-expected inflation data quickly lost steam. Bitcoin (BTC) briefly rose above the $84,000 mark after the US CPI Report but fell flat later in the day, dropping below $84,000.

Lazarus arises! The North Korean hacking group has been more than a little busy recently.

The average Ethereum gas fee has dropped by 95% in the year following the Dencun upgrade, one of Ethereum's most significant network improvements.On March 13, 2024, Ethereum's Dencun upgrade was rolled out. The upgrade combined the Cancun upgrade on the execution layer and the Deneb upgrade on the consensus layer.

The ETH/BTC ratio has hit a five-year low, and crypto traders are paying attention. Historically, when Ethereum weakened against Bitcoin, a massive altcoin season followed.

Donald Trump's tariffs and their uncertainties have led to higher odds of a recession in the US and other countries. PIMCO analysts have boosted their recession odds to 35%, and the Atlanta FedNow tool estimates that the economy will contract in Q1.

Binance CEO Richard Teng on Thursday expressed optimism that the pro-cryptocurrency policies introduced by U.S. President Donald Trump will inspire a wave of similar regulatory shifts worldwide. What Happened: Speaking at the CONVERGE LIVE event in Singapore on Thursday, Teng highlighted a dramatic change in the global financial landscape, noting that the United States, the world's largest economy, is now openly supporting digital currencies after years of regulatory uncertainty and skepticism under the previous administration.