MOVE price has dropped 28% in the past week and is currently trading at just 4% above its all-time low amid an ongoing third-party investigation into suspicious market maker activity involving the token on Binance.

$MOVE token decreased more than 80% from its all-time high following its December launch. Movement Network addressed market manipulation concerns with a $38M buyback initiative. Despite the downturn, REX Shares and Osprey Funds filed for a $MOVE ETF, and ecosystem metrics showed $120M in TVL with growing DEX volume. The post $MOVE Token Tests New Lows as ETF Bets and Buyback Plan Offer Slim Relief appeared first on Cryptonews.

Movement Labs and the Movement Network Foundation have launched a formal internal investigation into market maker misconduct surrounding their native token, MOVE.

Movement co-founder Rushi Manche has reportedly taken a “temporary leave of absence” following market maker irregularities last month.

While the crypto market started the week on a bearish note, upcoming developments may signal a potential turnaround. Several altcoins have key external factors supporting their price movement, offering investors opportunities for growth.

The selling pressure on Bitcoin forced MKR to lose 11%, but the bulls were likely to drive a recovery.

Two Ethereum whales on MakerDAO are at risk of being liquidated if Ether drops below $1,800. The whales, who borrowed millions in DAI from the DeFi lending protocol and pledged ETH as collateral, are now under pressure due to Ether's continuous decline.

Movement Network (MOVE) has been gaining attention after announcing a $38 million buyback in response to improper activity by a Binance market maker. Despite the corrective phase that followed its sharp price spike, MOVE is still up over 13% in the last seven days.

MakerDAO's governance token, MKR, has posted double-digit gains in the past 24 hours, making it the market's top performer. The surge propelled MKR to a seven-day high of $1,485, where it traded briefly during Thursday's early Asian hours.

The crypto markets are consolidating after a small rise as the bulls face fatigue following a minor surge. Bitcoin price surged above $88,000 but has settled above $87,000 despite the rising bearish activity. On the other hand, Ethereum sustains above $2000, while memecoins display some strength as DOGE, PEPE, and FLOKI maintain a strong upswing.

Movement (MOVE) has surged by 16% in the past 24 hours, with its rise to $0.527 coming after the Movement Network Foundation announced a $38 million buyback of MOVE tokens. The post Movement (MOVE) Defies Binance Fallout with $38 Million Buyback – Can it Overtake Solana? appeared first on Cryptonews.

Highlights MKR Coin breaks critical resistance level $1200 last week, signalling a breakout from the downtrend that began back in June. In the near term, MKR's future resistance is at $1500, with a breakout possibility to the $1800 price zone. A key support level is around $1000.

MOVE rallied 18% after Movement Network announced a $38M buyback plan, using funds recovered from its market maker through Binance.

MOVE soared to a 2-month high as it parted ways with a malicious market maker, which triggered a renewed interest among whales. According to data from crypto.news, Movement (MOVE) surged 32% to an intraday high of $0.

Movement Foundation has cut ties with the market maker and will use the recovered $38 million to buy back MOVE over the next few months.

Movement, a new kid on the block with a market cap of $1.3 billion launched just this December, has landed on some hot waters after a Binance investigation regarding a market maker.

TL;DR Movement Network has announced a $38 million buyback of MOVE tokens after uncovering improper activity by a market maker operating on Binance. The buyback program, financed with recovered USDT, will run over the next three months as a strategy to restore market confidence.

Cryptocurrency exchange Binance has issued an announcement regarding the penalization of a market maker for the Movement (MOVE) project.

Binance offboards a market maker linked to Movement's MOVE token after $38M profit from irregular trading, freezing proceeds for user compensation and enforcing strict market integrity measures. The post Binance Ends Market-Making for Movement (MOVE) Project appeared first on Cryptonews.

Binance has removed the market maker responsible for earning $38M from aggressively selling Movement (MOVE). The Movement project has also ended its partnership with the market maker.

The organization behind the Movement Network said it will use $38 million recovered from a market maker to buy back MOVE tokens over the next three months.On March 24, the Movement Network Foundation said it recovered about $38 million in assets from a market maker tasked with providing liquidity on buy and sell orders for the Movement (MOVE) token on Binance. Binance offboarded the market maker due to “market irregularities.

Following an alleged breach of contract by a market maker, Movement Network has initiated a $38 million buyback program for its MOVE token. In a Mar.

Maker recently reacted off a major support zone where hundreds of thousands of units were purchased. Some traders, however, are taking profits—a move that could impact MKR's potential market movement.

Story Highlights The MOVE price today is . MOVE price could shoot to a maximum of $1.1498 in 2025. The Movement token price is expected to reach a maximum of $12.0567 by 2030.

Spark has announced that BlackRock, Superstate, and Centrifuge are the winners of its Tokenization Grand Prix. The goal is to allocate $1 billion in tokenized assets, with BlackRock's BUIDL fund set to receive half of it.

Crypto exchange titan Binance again caused a market stir with its latest announcement on five crypto tokens this Monday. Notably, the exchange revealed plans to launch new spot trading pairs for MKR, EPIC, DF, GMX, and RPL shortly ahead.

Crypto whales have been accumulating Optimism (OP), Movement (MOVE), and Onyxcoin (XCN), signaling potential opportunities despite recent market corrections. Based on the accumulation pattern, these three tokens could potentially be considered the best crypto to buy now.

Rex Shares and Osprey Funds have submitted a request to list an ETF based on MOVE, the native token of the Movement network, a new Layer 2 of Ethereum.

A bearish reversal at the nearby resistance zone appeared more likely due to price structure and lack of buying pressure.

While almost the entire crypto market is currently struggling & trading in red Movement Network (Move) token has managed to rise nearly 12% in the past 24 hours. This sudden rally comes as the Movement Network Foundation launched its Movement Public Mainnet Beta, raising investor confidence.

MOVE token gained 5% following ETF filings and the Movement Foundation's mainnet beta launch.

Investment managers Rex Shares and Osprey Funds have submitted an application to launch an exchange-traded fund (ETF) based on Movement, the Ethereum Layer 2 network token. The filing makes it the first ETF associated with the recently decentralized blockchain.

Asset manager REX-Osprey is seeking to launch an exchange-traded fund (ETF) designed to hold the Movement Network's native token, MOVE, according to a March 10 announcement. The filing comes as Movement, a layer-2 (L2) blockchain network, launches its public mainnet beta, Movement said.

Despite the wider crypto market decline, Movement Network's MOVE has surged over 6% today and 14% in a week.

The crypto market faced a challenging week, but the new week brings hope for recovery. Whether this rebound stems from broader market trends or individual network developments remains uncertain.

Rex Shares and Osprey Funds have filed an application to list an exchange-traded fund (ETF) tracking MOVE, the native token of the Ethereum Layer 2 network Movement. The filing comes as Movement prepares for a beta release of its mainnet.

REX Shares and Osprey Funds are expanding their ETF lineup with a new MOVE ETF, offering streamlined exposure to MOVE without the complexities of direct crypto ownership. The filing arrives as interest in crypto-based ETFs continues to grow, positioning MOVE within the evolving investment landscape. The post REX Shares and Osprey Funds File to Launch MOVE ETF appeared first on Cryptonews.

The announcement comes as Movement prepares to launch its mainnet in beta, the latest release for the politically active team.

Investment firms Rex Shares and Osprey Funds have filed with the U.S. Securities and Exchange Commission to launch an exchange-traded fund tracking the price of Movement Network's MOVE token.

The proposed REX-Osprey MOVE ETF would invest at least 80% of its assets in MOVE or related instruments.

MOVE's upside potential remains uncertain due to selling pressure.

Maker [MKR] has retraced to key accumulation zones, with cost basis data underlining a shift in investor engagement.

MOVE's movement on the chart remains uncertain, but will this change soon?

Movement (MOVE) coin is gaining momentum, testing a key resistance at $0.52. Will it break out and surge toward $0.60, or face a pullback?

Movement (MOVE) reached its all-time high of $1.45 on December 10, 2024, rising in tandem with the market as bulls dictated pace. However, with top coins slumping to multi-month lows in recent weeks, MOVE bucked the trend to hit an all-time low of $0.37.

Last week's broader market downturn sent many altcoins tumbling, and Movement's native token MOVE was no exception. On Tuesday, the token plunged to an all-time low (ATL) as selling pressure intensified.

After a brief pullback, the crypto markets gain back momentum as the selling pressure over the tokens reduces. While the top altcoins like ETH, SOL, LTC, etc.