The crypto market soared in 2024 but Ethereum (ETH -4.57%) lost some steam in the second half. Looking back from February 25, the smart contract platform is down 27% since the middle of last summer.
Even though the market remains bearish, the prices of some coins have returned to the green zone, according to CoinStats.
Donald Trump's trade war tariffs have triggered significant volatility in crypto markets this week, leading to a decline in Ethereum's value. At press time, the leading altcoin is trading at $2,347, a low last recorded in November.
Litecoin is slowly becoming more popular among market participants ever since it displayed disparity with the other top cryptos. The price has been trying hard to break above the resistance that has been held for over a couple of years.
Ethereum faces significant selling pressure, but key support levels and network activity suggest potential recovery.
The crypto market suffered a further decline in early trading, with the market cap declining by nearly 3% and settling at $2.84 trillion. Bitcoin (BTC) and other cryptocurrencies registered substantial declines, with fears of a further decline driving investors to safe-haven assets.
Ethereum has recently experienced a significant downturn, prompting major holders of the cryptocurrency to sell off large quantities of their holdings.
The crypto market has seen a bloodbath throughout February, with Bitcoin plunging to its 2021 low and trading at $86K while the second largest altcoin Ethereum is also facing intense turbulence. ETH dropped below $2,500 after a massive $1.5 billion hack on Bybit, allegedly led by North Korea's Lazarus group, triggering a 25% price crash.
After the failure of the first test, the date for the second has been decided.
The Ethereum Foundation (EF) is donating more than a million dollars to help Tornado Cash developer Alexey Pertsev with his legal defense. The contribution follows the developer's supervised release to prepare to appeal his money laundering conviction in the Netherlands.
Ethereum might plummet below $1,000 before a potential price rise. The chart suggests that Ethereum's long-term uptrend is unlikely to come until it hits an ascending trading range.
Ethereum (ETH) has been experiencing significant price fluctuations, and recent actions by major investors are raising questions about the right moment to enter the market. One notable transaction involves the “7 Siblings” wallet, which made a substantial purchase of 12,070 ETH for approximately $28.75 million at a price of $2,382 per token.
Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.
With whales continuing to dump ETH and spot Ethereum ETFs reporting large net outflows, Ethereum is under increasing sell pressure. According to SoSoValue data, U.S. Ethereum (ETH) spot ETFs saw $94.3 million in net outflows on Feb. 26.
Bitcoin Denver, brought together by leading dev house Boosty Labs under their new event series “BTC_U_There,” is set to bring 30 speakers, 50 hand-selected hackathon participants, and a curated audience of 200+ builders, founders, VCs, and BTC OGs under one roof for one day only.
Ethereum whales have resolved to panic selling as per the on-chain data after ETH price failed to hold crucial support levels, dropping another 7% today and slipping under $2,300. As market sentiment weakens, whales have offloaded millions of dollars worth of ETH during the past week.
This Friday, 28th February 2025, The Onchain Summit will take place, bringing together teams from a wide range of innovative crypto projects. The event will feature an engaging program, with well-known projects like Venus and THENA hosting the event and showcasing their contributions to the blockchain space.
Cryptocurrency markets took a sharp hit today as Bitcoin (BTC) plunged to an intraday low of $82,000, while Ethereum (ETH), Solana (SOL), and XRP extended their losses, falling between 3% and 7%.
Crypto prices today (February 27): Bitcoin (BTC) price swooped to a $82K low intraday, primarily continuing to face macro heat. Simultaneously, Ethereum (ETH), Solana (SOL), and XRP prices also mimicked a downtrend, losing 3%-7%.
Ethereum price started a fresh decline from the $2,450 resistance zone. ETH is now consolidating losses and might face hurdles near $2,400 and $2,450.
Ethereum (ETH) has experienced a significant drop of nearly 10% on February 25, 2025, pushing its market capitalization below the $295 billion mark for the first time since November 2024. The decline in price has been driven by a combination of factors, including bearish sentiment in the broader crypto market, reduced whale activity, and oversold technical indicators.
After breaking below an ascending moving average, XRP dropped to $2.24, indicating that momentum on the asset is growing, but in the wrong direction for bulls. Unfortunately, the cryptocurrency is entering a sustainable downtrend, and things might get even worse for the price in the foreseeable future.
Eric Trump backs the idea of buying the dip which aligned with '7 Siblings' who purchase ETH as price dropped to around $2400.
Aya Miyaguchi has transitioned from executive director to president of the Ethereum Foundation, effective Feb. 25, 2025, as part of a leadership restructuring aimed at addressing community concerns and advancing institutional partnerships.
As the broader cryptocurrency market grapples with significant downturns, Ethereum (ETH) and Solana (SOL) have emerged as some of the hardest-hit assets among the top ten digital currencies. On top of that, recent allegations by market experts on social media suggest potential market manipulation by major players in the space, raising further concerns for investors.
Cryptocurrency markets continued their slide on Wednesday following President Trump threatening to impose 25% tariffs on the European Union. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $84,252 -3.9% Ethereum (CRYPTO: ETH) $2,332 -6.0% Solana (CRYPTO: SOL) $135.15 -6.0% XRP (CRYPTO: XRP) $2.21 -3.3% Dogecoin (CRYPTO: DOGE) $0.2037 -2.8% Shiba Inu (CRYPTO: SHIB) $0.00001426 +1.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 60.7% and daily active addresses growing by 17.1%.
A widely followed crypto strategist believes that Bitcoin (BTC) and crypto are due for a huge upside burst following a massive liquidation event. On Monday, the crypto market witnessed over $1.58 billion in liquidations, mostly levered long positions, within a 24-hour period amid a slew of bearish developments.
In 2017, the crypto market witnessed an explosive rally, with Ethereum (ETH) and Ripple (XRP) experiencing over 10,000% gains. Fast-forward to 2025, and history could be repeating itself with Solana (SOL) and Mutuum Finance (MUTM). Solana, currently trading around $159, has established itself as the go-to blockchain for high-speed transactions and institutional adoption.
Crypto prices are crashing again, with Bitcoin now trading below $84,000 and Ethereum hitting a five-month low price.
The price of Ethereum (ETH) is at a crucial pivot point as the market bulls are clearing the losses of the past 24 hours. In the heat of the market drawdown, ETH's price dropped to as low as $2,369.48 before staging a recovery.
Ethereum (ETH) has been navigating a volatile market recently, leaving traders uncertain about its short-term trajectory. However, underlying data suggests that investor sentiment may still be positive, as key accumulation zones are forming at strategic price levels, hinting at potential stabilization and possibly a rebound.
Bitcoin and Ethereum are set for their worst February in years, though analysts think the bull market isn't over. Bitcoin (BTC) and Ethereum (ETH) are set to wrap up a rough month, with BTC dropping over 7.8% to $86,774.
Cybersecurity experts say that North Korean attackers exploited wallet provider Safe to perform the biggest crypto hack of all time on Bybit.
Bitcoin appears on the verge of losing the $85,000 level, which could trigger a cascading liquidation event. Will bulls show up to buy the dip and defend a critical support level?
Vitalik Buterin, co-founder of Ethereum, has called on blockchain researchers to engage with the Poseidon cryptanalysis initiative, which aims to assess the security of the Poseidon hash function.
Cryptocurrencies are recovering this morning from yesterday's sharp drop. Both Cardano (ADA) and Ethereum (ETH) are posting strong gains of 5% and 2.5% in the first few minutes of the American session.
The Ethereum Foundation has thrown its weight behind Alexey Pertsev, donating $1.25 million to his legal defense, reigniting debates on privacy rights and open-source development. Ethereum Foundation Champions Developer Rights with Legal Fund Donation The Ethereum Foundation has committed $1.25 million toward the legal defense of Alexey Pertsev, a developer behind Tornado Cash, marking a
Binance refuted social media claims that it is offloading its Ethereum (ETH) and Solana (SOL) holdings. On Feb. 26, Binance's customer support team addressed the speculation on X (formerly Twitter), stating that the exchange is not engaging in large-scale token sales.
Last year, Pertsev was sentenced to 64 months in prison by a Dutch court for facilitating the laundering of $1.2 billion.
Tornado Cash dev Alexey Pertsev was convicted on money-laundering charges last year and is currently waiting to appeal his conviction.
Ethereum co-founder Vitalik Buterin is advocating for deeper research into the Poseidon hash function as the network explores ways to improve zero-knowledge (ZK) proof efficiency. In a Feb.
The Ethereum Foundation will donate $1.25M for the legal defense of Alexey Pertsev, still under electronic monitoring in Holland. Vitalik Buterin reiterated his stance that writing code is not a crime in itself.
The Ethereum Foundation is set to donate $1.25 million to support Alexey Pertsev's legal defense, highlighting the ongoing battle over privacy and the criminalization of open-source development in the blockchain space. The post Ethereum Foundation Donates $1.25M for Tornado Cash Dev Alexey Pertsev's Legal Defense appeared first on Cryptonews.
The cross-chain “Inclusive Layer” makes it easier to launch consumer apps on Ethereum, its leading Layer 2s and Solana.
The much-anticipated Ethereum upgrade, Pectra, has encountered a significant issue that has delayed its planned timeline. Originally expected to roll out on the Holesky testnet on February 24th, the upgrade ran into finalization issues that prevented nodes from reaching consensus on blocks, an essential step for making them immutable.
Bybit hacker laundered around 20% of Ethereum stolen from the recent theft. Hackers hold more Ethereum than Vitalik Buterin and Ethereum Foundation.
The Ethereum Foundation (EF) held an Ask Me Anything (AMA) session on Reddit on February 25, 2025, featuring prominent researchers such as Vitalik Buterin, Justin Drake, and Dankrad Feist. The session covered critical topics, including Ethereum scaling, Layer 1 revenue, and network security, while also providing insights into the forthcoming Pectra upgrade.