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news-imageMarch 12, 2025

Price analysis 3/12: BTC, ETH, XRP, BNB, SOL, ADA, DOGE, PI, LEO, HBAR

Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.
Publisher: Cointelegraph
Sentiment: Neutral
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Neutral
cover-imageReuters
March 12, 2025

FTC withdraws bid to delay Amazon trial over DOGE cuts

The U.S. Federal Trade Commission on Wednesday reversed one of its lawyer's statements in court that it needed to delay the trial in its consumer protection case against Amazon.com , after earlier citing "severe resource shortfalls" caused by cost cutting measures.

Negative
cover-imageNewsBTC
March 12, 2025

This Ethereum Monthly RSI Chart Just Crashed To New Lows To Break 2022 Records, What Happened Last Time?

Ethereum's price has been facing significant downward pressure in recent days, with the cryptocurrency even dipping below the $2,000 mark for the first time since December 2023. The crash below $2,000 has done more harm to the already declining bullish sentiment, and the next outlook is whether there will be more incoming declines or whether the leading altcoin is already nearing a bottom.

Positive
cover-imageBenzinga
March 12, 2025

Trump-Appointed SEC Chair Could Fast-Track Crypto ETF Approvals: XRP, Solana, Dogecoin ETFs Coming By June?

The U.S. Securities and Exchange Commission is unlikely to approve or reject crypto ETFs until its new leadership is in place, according to a new report. What Happened: Coindesk on Wednesday reported that the SEC has acknowledged multiple spot crypto ETF applications but is unlikely to approve them until its leadership is settled.

Neutral
cover-imageCointelegraph
March 12, 2025

SEC postpones ruling on Fidelity Ether ETF options

The US Securities and Exchange Commission has postponed ruling on whether or not to permit Cboe BZX Exchange to list options tied to asset manager Fidelity's Ether (ETH) exchange-traded fund (ETFs). The agency has given itself until May 14 to approve or disapprove of Cboe BZX's request to list options tied to Fidelity Ethereum Fund (FETH), according to a March 12 SEC filing.

Negative
cover-imageCointelegraph
March 12, 2025

SEC's enforcement case against Ripple may be wrapping up

The US Securities and Exchange Commission may be preparing to end its enforcement action against Ripple Labs after more than four years.According to a March 12 X post from Fox Business reporter Eleanor Terrett, the SEC's case against Ripple was “in the process of wrapping up” after the parties filed an appeal and cross-appeal, respectively, over a $125-million court judgment in August 2024. The civil case against the blockchain firm filed in December 2020 alleged Ripple and certain executives used XRP (XRP) as an unregistered security to raise funds.

Positive
cover-imageCointelegraph
March 12, 2025

Cboe BZX files Solana ETF application on behalf of Franklin Templeton

The Chicago Board Options BZX Exchange (Cboe) has submitted an application on behalf of asset manager Franklin Templeton to list a Solana (SOL) exchange-traded fund (ETF) in the United States.According to the March 12 filing, Franklin Templeton's proposed ETF will hold spot SOL, and the filing encouraged the Securities and Exchange Commission to allow the fund to stake its underlying crypto for additional rewards. “Not staking the Fund's SOL would amount to waiving the Fund's right to free additional SOL, an act analogous to an equity ETP refusing dividends from the companies it holds,” the filing read.

Positive
cover-imageCoingape
March 12, 2025

Ripple SEC Settlement Set to Happen Soon: Report

The protracted legal battle between blockchain payments firm Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) is reportedly approaching a resolution. Reports indicate that negotiations have intensified, with both sides working to settle the case that has dragged on since December 2020.

Negative
cover-imageBitcoin
March 12, 2025

Hyperliquid Absorbs $4M Loss as Whale Nets $1.8M Profit in Ethereum Trade

A trader on decentralized exchange Hyperliquid exited a $200 million leveraged ethereum trade with a $1.8 million profit, while the platform's liquidity pool absorbed a $4 million loss, prompting leverage adjustments to mitigate future risks. Trader Profits $1.8M as Hyperliquid's Liquidity Pool Takes $4M Hit A Hyperliquid trader using wallet “0xf3f4” deposited $4.

Positive
cover-imageCrypto Economy
March 12, 2025

Breaking! Expert Confirms Ripple-SEC Lawsuit Could End Very Soon

TL;DR The lawsuit between the SEC and Ripple is nearing resolution, with ongoing negotiations over the terms of an August ruling. Ripple seeks more favorable conditions in the ruling, arguing that if the SEC offers a “fresh start” to other crypto companies, the same treatment should be applied to the firm.

Negative
cover-imageBenzinga
March 12, 2025

Dogecoin Drops 17% In A Week: What Is Going On?

Dogecoin (CRYPTO: DOGE) has fallen 17% over the past seven days, reaching levels that some traders believe present a prime buying opportunity. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.1650 $24.5 billion +2.3% -17.3% Shiba Inu (CRYPTO: SHIB) $0.00001211 $7.1 billion +3% -7.4% Pepe (CRYPTO: PEPE) $0.056478 $2.7 billion +8.3% -6.7% Trader Notes: Crypto analyst Kevin explained that Bitcoin is currently back-testing key technical levels, including the 0.5 Fibonacci retracement, macro trend lines and the 200-week SMA & EMA, while the 3-day RSI is at historical lows.

Positive
cover-imageCryptopolitan
March 12, 2025

XRP News: XRPTurbo Gains Momentum As AI Integration Unlocks New Potential in Ripple Ecosystem

The XRP market has recently encountered headwinds, with prices falling below the $2.25 mark, prompting uncertainty among investors. While many traders speculate about the coin's short-term trajectory, beneath this volatility lies an expanding XRP ecosystem marked by continuous innovation and a growing appetite for decentralized finance (DeFi) projects.

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