Ether's price now trades below a trendline that starts from the low registered after the crash of Terra in 2022.
Spanish banking heavyweight Banco Bilbao Vizcaya Argentaria SA (NYSE:BBA), better known as BBVA, said Monday it secured regulatory consent to launch trading services for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the country.
Ethereum is a decentralized blockchain platform that enables programmable contracts, the creation of digital currencies, and applications, reshaping industries from finance to art through innovation and automation. Understanding Ethereum's Foundation Ethereum, proposed in 2013 by programmer Vitalik Buterin and launched in 2015, builds on Satoshi Nakamoto's blockchain technology but expands its capabilities beyond peer-to-peer payments.
The crypto market is going through a rough patch as traders react to tariff and Trump's Bitcoin Reserve order. Bitcoin has dropped by 4.8% to $81,729, while Ethereum has taken an even bigger hit, falling 8% to hover around $2,000. Dogecoin is the biggest loser among the top 10 cryptos, sliding 13% to $0.16.
Spanish bank BBVA said on Monday it received approval from the country's securities regulator to offer bitcoin and ether trading services in Spain.
Crypto Market Today (March 10): Bitcoin & Ether price actions on Monday set off a tidal wave of market concerns despite recent pro-cryptocurrency advancements in the U.S. Notably, BTC price backtracked to touch a $80K low intraday, whereas ETH price lost nearly 6%. Traders and investors are left jittering as even major-league altcoins Solana and
ETH demonstrated strong resilience, always rebounding from past downturns.
Ethereum's rough patch is expected to continue into the future, exacerbated by Bitcoin and Solana functionalities. Ordinals co-founder Casey Rodarmor noted that Bitcoin's prestige and Solana's speed could be the final nail in Ethereum's coffin.
Bitcoin just collapsed to $80,000, wiping out over $200 billion from the crypto market in one of the worst single-day crashes over the past year, according to data from CoinGecko. Ether also crashed, tumbling below $2,000 to trade at $1,992, a level we haven't seen in over six months.
Bitcoin and Ethereum extend losses as traders digest Trump's Strategic Bitcoin Reserve order and a wave of U.S. trade tariffs.
A widely followed cryptocurrency analyst suggests that Bitcoin (BTC), Ethereum (ETH), and altcoins could be forming the bull trap that would soon lead to a bearish trend. The analyst, known as Capo, posted his analysis on his social media page on X, stating that the cryptocurrency market may soon rise.
Bitcoin has struggled to regain bullish momentum, weighed down by global trade war fears and the uncertainty surrounding US President Donald Trump's executive order to establish a Strategic Bitcoin Reserve last Thursday. While the announcement was expected to boost confidence, macroeconomic conditions continue to dictate market trends, keeping BTC below key resistance levels.
Metrics reveal that since Jan. 1, 2025, approximately 121,000 BTC ($10.46B) and $1.74 billion in ETH have exited exchanges. 2025's Liquidity Vanishing Act Withdrawing bitcoin (BTC) and ethereum (ETH) from centralized trading platforms diminishes selling pressure by tightening accessible supply.
Ethereum has struggled to gain momentum, remaining stuck below critical resistance for over a year. Despite multiple attempts, the second-largest cryptocurrency by market capitalization has been unable to break through key technical levels since the beginning of this year.
A top crypto analyst on YouTube has made a bold call, Ethereum (ETH) currently trading at $2170, is primed for a rally to $5,210, a 140%, fueled by growing institutional interest, ETF momentum, and an expanding DeFi ecosystem.
Ethereum sits at a crucial support level as demand for spot exchange-traded funds wanes on Wall Street. Ethereum (ETH), the second-biggest crypto, has stagnated at $2,100 in the past few days.
Ethereum sits at a crucial support level as demand for spot exchange-traded funds wanes on Wall Street. Ethereum (ETH), the second-biggest crypto, has stagnated at $2,100 in the past few days.
With momentum resetting once again, is history about to repeat itself?
Ethereum whales accumulate 1.10M ETH amid market uncertainty. Will this signal a breakout, or is ETH poised for further downside? Key levels and insights inside. The post Whales Grab 1.10 Million ETH: Market Breakout Incoming? appeared first on Cryptonews.
Donald Trump's crypto czar has said the U.S. Treasury will be working to “maximize the value” of the bitcoin and other cryptocurrencies held by the U.S.
Ethereum holders beware—failure to hold support could send prices plummeting to $1,444.
Ethereum (ETH) has been struggling around the $2,200 level, with bulls unable to reclaim higher prices despite multiple attempts. The market sentiment remains bearish, as ETH continues to face selling pressure even after Thursday's announcement of the US Strategic Bitcoin Reserve, which many had expected to boost overall confidence in the crypto sector.
Sonic Labs co-founder Andre Cronje has explained the reasons for Ethereum's (ETH) faltering price performance in recent months. The DeFi godfather points to rising competition from Solana and Tron and internal wrangling on Ethereum as reasons for the network's decline.
Historical patterns suggest a potential rally towards $3,260, with traders closely watching key support and resistance levels.
Ethereum has faced massive selling pressure and volatility over the past month as the entire crypto market trends downward, pushing ETH toward crucial demand levels. With uncertainty dominating the market, traders remain cautious as Ethereum struggles to reclaim lost ground.
Ethereum price rose 3.6% on Saturday, reclaiming the $2,220 mark at press time. With ETH price outpacing BTC's recovery, key trading signals suggest bull traders are capitalizing on ETH's oversold status from last week's volatile events.
BNB Chain has announced March 20 as the date for the Pascal Hardfork on its mainnet. In a post on X, the Binance-backed blockchain network said the much-anticipated upgrade is now ready to go after the successful implementation of the Hardfork on its testnet.
In a major development for the crypto industry, the U.S. Office of the Comptroller of the Currency (OCC) has granted U.S. banks the authority to store crypto assets, engage in stablecoin operations and process payment transactions using distributed ledger technology (DLT).
Cryptocurrency prices resumed their downward trend after President Donald Trump hosted top executives for the White House industry summit.
Ethereum (ETH) experienced a rather adventurous trading week marked by significant price gains but even stronger losses. Notably, prominent market analyst Ali Martinez has highlighted a critical market condition that could result in a market surge.
Ethereum price has crashed this year, as its on-chain metrics waned and spot ETH exchange-traded funds (ETF) outflows rose. ETH has crashed in the last two consecutive weeks, and is hovering at its lowest level since December 2023. Let's explore why the value of Ethereum coin may continue falling in the near term.
With buyers re-entering the markets, Ethereum must reclaim the $2,350 resistance level to rally.
Ethereum's future scaling relies on hardware acceleration, not just software solutions, to overcome bottlenecks and remain competitive.
The crypto market shows mixed signals today, with Ethereum dropping to the $2,100 mark while altcoins like Crypto-AI-Robo, CZ's Dog and Prosper have surged double digits in the last 24 hours.
The crypto market today has undergone a pullback, with Bitcoin, Ethereum, and XRP facing strong opposition at crucial levels. The Fear & Greed Index presently sits at 25, cautioning a fearful sentiment among investors. Bitcoin's short-lived uptrend above the $90,000 incurred selling pressure, leading to a trend reversal. Macroeconomic concerns, including recent U.S.
Ethereum (ETH) is poised for a significant price rally in the near future due to a confluence of macroeconomic factors and technical patterns. A sharp decline in the US Dollar Index (DXY) coupled with the expansion of the Global M2 Money Supply add credence to that the risk-on assets are likely to rally.
Assessing if the diminishing CME ETH yield is behind the ETH ETFs outflows
Ethereum whales accumulated 1.10 million ETH, sparking speculation about a potential market shift or breakout.
BioNexus Gene Lab Corp. (BGLC), a technology-driven innovator in digital and healthcare sectors, has announced a strategic partnership with ML Tech, an AI-powered wealth management platform for digital assets. Regulated by the National Futures Association (NFA) and headquartered in Miami, ML Tech will help optimize BGLCs Ethereum-based treasury strategy.
Ethereum could be on its way to similar 2017 gains as whales continue to buy ETH during the current market dip.
Ethereum price declined 8% in the last 24-hours, plunging below the $2,100 as as US Non-Farm Payroll (NFP) data introduces fresh volatility. The market reaction has kept ETH pinned below $2,142, struggling to establish a bullish recovery as sellers remain in control.
The Ethereum ecosystem had its All Core Developers Consensus (ACDC) call earlier on March 7, as the conversation around Pectra and Holesky took a new twist. Despite the testnet, including Sepolia, facing finalization issues, developers have unveiled a long-term plan to fix the testing protocol.
Ethereum (ETH) remains under pressure, struggling to break above $2,300. Its technical indicators still point to a downtrend.
The cryptocurrency market is trading lower on Friday in anticipation of the much-awaited White House crypto summit. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $87,839.15 -0.7% Ethereum (CRYPTO: ETH) $2,177.24 -0.9% Solana (CRYPTO: SOL) $146.27 +1.8% XRP (CRYPTO: XRP) $2.48 -4% Dogecoin (CRYPTO: DOGE) $0.2052 +2.7% Shiba Inu (CRYPTO: SHIB) $0.00001351 +1.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 19.5% and daily active addresses growing by 10.9%.
Plans for a strategic reserve including Bitcoin (CRYPTO: BTC) and possibly other cryptocurrencies have been one of the hottest topics in the cryptocurrency sector. Benzinga polled readers to ask which cryptocurrencies the White House administration should be most focused on for the strategic reserve.
As volatility grips the crypto market, Ethereum (ETH) holders are looking for new opportunities to secure their positions and maximize returns. While ETH remains a dominant force in the DeFi space, recent price swings have led many investors to explore alternative assets with strong growth potential.
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