Here's the summary of the top three crypto news stories over the past weekend presented to you by U.Today.
Ethereum Foundation is making personnel changes, Bybit exchange is dealing with the aftermath of the hack, SEC continues to close investigations into cryptocurrency companies, and other events of the outgoing week.
White House-appointed ‘Crypto Czar' David Sacks confirmed that he liquidated all his cryptocurrency holdings—including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL)—before joining the administration. What Happened: In an X post on Monday, Sacks cited a Financial Times report detailing his crypto holdings.
Solana has maintained its lead in decentralized exchange trading volumes for five consecutive months, according to DefiLlama data. Solana (SOL) has maintained its lead in DEX trading volumes for five consecutive months, according to DefiLlama data.
Solana (SOL) has found itself at a crossroads as the cryptocurrency faces significant pressure from the liquidation of 11.2 million SOL tokens tied to FTX's bankruptcy. The unlock, which took place on March 1st, has raised concerns of a potential sell-off, with tokens valued between $1.5 billion and $2 billion now entering the market.
The rivalry between Ethereum and Solana has taken a new twist with the current outlook of the DEX metrics over the past month. According to data from DeFiLlama, Solana has retained the top spot per DEX volume in the past 24 hours.
As news broke yesterday that Cardano (ADA) will be added to the Strategic Reserve of the United States of America, the price of the eighth biggest cryptocurrency surged by over 72% in just one day. Going all the way from $0.645 to $1.1488, ADA rewrote any price prediction that was in place and definitively changed its narrative.
As the crypto market kicks off March on a positive note, veteran trader Peter Brandt shared his perspective on Ethereum's price action. In a tweet, Brandt stated that the "Ethereum (ETH) chart can now be viewed as a potential 11-month rectangle.
The bulls are dominating today, according to CoinStats.
It has been a rough few weeks for crypto-oriented investment products. Outflows have been happening for three weeks in a row now.
Ethereum price declined on Monday as investors took profit following Sunday's double-digit rise. The crypto coin was at $2,366 and down by 6.2% on the daily chart at press time, subdued by underlying bearish sentiment tied to concerns over global trade tariff war.
Solana has jumped by 11% in the past 24 hours, with its rally back to $159 coming after US President Donald Trump mentioned SOL as one of the coins likely to gain entry in a potential crypto strategic reserve. The post Trump's ‘Crypto Strategic Reserve' Names Solana – Can SOL Reach $10,000? appeared first on Cryptonews.
Donald Trump's decision to include select cryptocurrencies in the U.S. Crypto Strategic Reserves has stirred intense debate in the crypto space. According to CryptoQuant CEO Ki Young Ju, the U.S. is now using the crypto market as a strategic tool, especially for its national interests.
Litecoin (LTC) was the only underperformer, falling 8.5% from Friday.
The marker keeps growing today, according to CoinMarketCap.
Ethereum's price has recently experienced a massive drop, coming much earlier than expected, as ETH has failed to make a new all-time high like Bitcoin. Yet, the bull market for the second-biggest crypto might not have begun yet.
Prominent pseudonymous crypto trader Eugene Ng Sio is eyeing a measured approach to the current market conditions following President Trump's strategic cryptocurrency reserve announcement that sent Bitcoin (CRYPTO BTC) above $94,000 on Sunday. What Happened: Major cryptocurrencies have slightly retraced following the Sunday rally, with all proposed ‘reserve cryptocurrencies' trading above Friday's highs.
Story Highlights The live price of the Cardano token is . ADA coin price could reach a potential high of $2.62 in 2025. Cardano's price, with a potential surge, could go as high as $10.32 in 2030. The crypto market experienced a strong bullish price action during Q4 2024.
The ADA cryptocurrency posted an impressive 60% rise in just one day after six consecutive weeks of decline.
Last week, the crypto market witnessed its most significant weekly sell-off, with outflows hitting a record $2.9 billion, according to CoinShares‘ latest weekly report. This marked the third consecutive week of capital exiting digital asset investment products, bringing total outflows to $3.8 billion.
The cryptocurrency market erupted after Donald Trump announced the formation of a U.S. Strategic Crypto Reserve, placing key assets like XRP, Cardano , and Solana in the spotlight. Posting on Truth Social, Trump declared his ambition to make the U.S. the “Crypto Capital of the World”, sending shockwaves through the digital asset space.
Bitcoin (CRYPTO: BTC) and altcoins rallied sharply after President Trump's surprise announcement of a U.S. crypto strategic reserve. What Happened: In an X post on Monday, Eric Trump praised the timing of his father's announcement, calling it a shift in financial dynamics that finally gives retail investors a leg up.
March has begun on a positive note following a bearish February, bringing key upgrades for several altcoins. These developments could fuel the ongoing rally and aid in recovering recent investor losses.
The crypto market registered a sharp recovery on Sunday after President Donald Trump announced the names of cryptocurrencies to be included in the strategic reserve. As a result, the crypto market cap surged nearly 9% to reclaim the $3 trillion mark and move to its current $3.08 trillion.
The Ethereum Foundation has made two new additions to its executive roster: Hsiao-Wei Wang and Tomasz Stańczak are new co-Executive Directors. The post The Ethereum Foundation Restructures Leadership With New Co-Executive Directors appeared first on Cryptonews.
Cardano (ADA) has staged a remarkable recovery, surging 82% from its February 3 low of $0.6249 to $1.13 on March 3 before settling at $0.96 at press time.
TL;DR Massive Surge: Cardano (ADA) surged 60% over the weekend, fueled by Trump's Strategic Crypto Reserve announcement, and has now passed the $1 mark. Key Price Break: ADA's price jumped from $0.57 to $1.19, breaking important resistance levels and marking a 12-week high.
Cardano (ADA) shot up almost 50% in the past 24 hours after US President Donald Trump announced US crypto reserves.
Ripple's XRP and ethereum rivals solana and cardano—all regarded as U.S.
This marks the first tokenized money market fund for retail investors in the Asia-Pacific region. With an initial scale of about $107 million, this move brings new opportunities for ETH investments.
Cardano (ADA), the eighth largest cryptocurrency by market cap, has seen a 1,595% surge in trading volume, coupled with a 73% price increase in just 24 hours. According to CoinMarketCap data, Cardano's trading volume reached $10.34 billion, marking a 1,702% surge in the last 24 hours.
Solana marks a quick recovery with a fresh breeze of recovery and a sentimental shift for the altcoin. The SOL price bounces off from $135 to reach the $180 supply zone. Will this recovery drive Solana beyond $200?
The 2025 bull run is back on the map. In the mids of bearish sentiment, the tables have turned.
Recent weeks have been turbulent in the cryptocurrency market, and Solana (SOL) wasn't spared the turmoil as it collapsed 55.25% from January 19 highs at $284.85 to February 27 lows at $127.47, only to recover marginally to $161.54 by press time on March 3.
Following President Trump's announcement on the Crypto Strategic Reserve on this Truth Social account on Sunday, the entire crypto market has blown skywards. Has this announcement put $ETH, $XRP, and $SOL back on track?
Cardano (ADA) has outperformed the rest of the crypto market with an over 80% rally in 24 hours. However, at press time, Cardano price was erasing some of these gains after dropping from above $1 to trade at $0.97.
Ethereum price has formed a risky chart pattern that points to a 60% plunge in the coming months. This crash will likely happen even as Donald Trump announced plans to include ETH into the US Strategic Crypto Reserve.
While the idea of a reserve had been floated before, this marks the first time specific altcoins were highlighted, analysts told Cointelegraph.
The announcement led to a 60% increase for ADA and a 25% increase for XRP.
MetaMask is developing a multichain API that will allow dApps to connect to multiple blockchains simultaneously, both EVM and non-EVM.
Trump's crypto bombshell sent markets surging, with XRP, SOL, and ADA leading the charge before Bitcoin and Ethereum were added.
Blockchain investigator ZachXBT questions the legitimacy of ADA and XRP in Trump's crypto reserve strategy, citing their lack of major stablecoin issuers, sparking debate over their role in the evolving crypto space. The post ZachXBT Questions ADA and XRP's Role in Trump's Crypto Reserve Strategy appeared first on Cryptonews.
Ethereum's price surged 15% after Trump confirmed its inclusion in the U.S. Crypto Strategic Reserve, accompanied by positive technical indicators and strong derivatives market sentiment.
The assets have been the best-performing top 20 cryptocurrencies in the last 24 hours.
XRP in the U.S. Strategic Reserve. Let that sink in.
Solana (SOL) token has witnessed a dramatic price surge that has surprised investors. The token was previously in a severe downtrend due to rising meme coin controversies and declining investor interest.
Donald Trump announces a US Crypto Reserve, triggering a market rally. Bitcoin and Ethereum rebound after recent losses, but on-chain data signals mixed trends—what's next for the crypto market?
The US government's decision to establish a Strategic Crypto Reserve has ignited intense discussions, with industry leaders questioning its structure and asset selection. On March 2, US President Donald Trump revealed that his executive order had directed his administration to create a national crypto reserve.