The crypto markets are experiencing notable upward pressure as the bulls fail to defend the immediate support levels. As a result, the Solana price, which had risen above $200, dropped below the levels and is not able to reclaim the lost levels.
Ethereum price failed to clear the $3,450 resistance and extended losses. ETH is struggling and might continue to move down if it stays below $3,500.
Solana is currently trading at $197, marking a 13% decline from the local high it achieved earlier this week. The broader cryptocurrency market is experiencing heightened indecision, with some fear creeping in as Bitcoin struggles to reclaim the pivotal $100,000 level.
BB Token has expanded to Ethereum, enhancing cross-chain access and liquidity using LayerZero's Omnichain Fungible Token Standard, according to BounceBit.
Ethereum's price has recently experienced a significant downturn, slipping by more than 9% and currently trading below the $3,350 mark. Despite maintaining a bullish trend above a critical support zone, the price action is showing signs of weakness.
Ethereum's Pectra ‘hard fork' is expected to introduce key updates to improve Ethereum user and developer experiences. The update, which will be rolled out in two phases, is scheduled for release during the first quarter of 2025.
As noted by Lookonchain, a Solana trader has turned heads with profits of almost $20 million each from $ai16z and $Fartcoin, and with an 89.07% win rate over the past 30 days. As shown by on-chain data, these profits have been made through a strategy of buying very early into low market cap cryptocurrencies.
Bitcoin and ether ETFs could be followed by an XRP ETF with a crypto-friendly Trump administration on the horizon. XRP ETF Could Be the Next Biggest Thing for Crypto in the U.S. Ripple President Monica Long stated in a Bloomberg interview on Tuesday that an XRP exchange-traded fund (ETF) may soon materialize as advantageous U.S.
Ethereum (ETH) price has dropped nearly 8% in the last 24 hours, nearing the loss of its $400 billion market cap. The sell-off has pushed ETH's RSI to 27.1, its lowest since December 20, signaling oversold conditions and weak market sentiment.
The cryptocurrency market has witnessed a significant bearish pullback in the past 24 hours, with many tokens facing downward pressure. Among the most notable tokens to experience this dip is Solana (SOL), which recently fell below the $200 level, a crucial psychological price point.
Pump.science and Hedgehog Markets have teamed up to foster decentralized science-focused betting contracts as the DeSci sector gained traction.
As the cryptocurrency market prepares for its next bull run, analysts issue a new Dogecoin price prediction while the market focuses on a promising new Ethereum token, WallitlQ (WLTQ). The latest market forecasts highlight Dogecoin's potential for explosive rallies and WallitlQ's soaring presale adoption, which could drive its price to new ATHs.
Cryptocurrency markets continued to slide lower on Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,201.98 -2.3% Ethereum (CRYPTO: ETH) $3,279.33 -3.2% Solana (CRYPTO: SOL) $194.57 -4.9% XRP (CRYPTO: XRP) $2.32 +1.9% Dogecoin (CRYPTO: DOGE) $0.3362 -4.8% Shiba Inu (CRYPTO: SHIB) $0.00002113 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 9% and daily active addresses falling by 0.08%.
ETH dipped this week. Here's a look at what played out and why the dip may be short-lived, as whales re-accumulate.
A Ripple exec believes that XRP ETF applications could be fast-tracked under the new administration.
Bitstamp cryptocurrency exchange has announced the listing of Ripple's enterprise-grade stablecoin, Ripple RLUSD, on the Ethereum blockchain. This addition is part of Bitstamp's effort to diversify its offerings and cater to investors seeking a robust digital asset for financial applications.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Solana saw a recovery of NFT activity, expecting the trend to continue into 2025. The new trending collections aim to tap the branding of AI agents.
Solana co-founder Anatoly Yakovenko has broken silence on the early milestone the protocol achieved regarding open sourcing its codes to developers. This update comes at a time when the Hyperliquid is facing criticism from the community regarding how accessible its codes are.
Ripple President Monica Long mentioned in a January 7 interview on Bloomberg TV that the crypto market might receive more crypto spot ETF approvals in 2025. Long suggested that President Donald Trump and his pro-crypto administration would introduce more crypto-friendly regulations to support ETFs sooner.
A credit facility worth $25 million CAD has been obtained by Sol Strategies to purchase Solana tokens. Sol Strategies Goes Big on Solana Sol Strategies Inc.
Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.
A recent surge of activity has put a whale in the Solana ecosystem in the spotlight, sparking speculation about the future of meme coins on the blockchain. In the past few hours, an account identified as "DWhUa" has reportedly made a huge purchase, acquiring $18.57 million worth of four well-established meme tokens, reports Spot On Chain.
The Solana memecoins market is gradually losing its luster as investors focus on utility-driven assets. While the decline of memecoins may seem natural, the recent surge in interest within the AI altcoins sector has accelerated this shift, drawing capital away from various corners of the cryptosphere.
Ripple President Monica Long has stated that an XRP spot exchange-traded fund (ETF) is likely to be approved “very soon,” and is expected to be next in line after the recently approved Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs. Long's comments suggest a significant shift in the regulatory landscape, potentially opening up (CRYPTO: XRP) to a broader investor base.
With cryptocurrencies being in a freefall, even the best performers are not being spared. Solana meme ai16z price has joined other tokens in having double-digit losses this week.
Analytics account @spotonchain has published a tweet to inform the crypto community that today the Ethereum Foundation had made its very first sale in 2025, on Jan. 8.
The cryptocurrency market is facing turbulence as Bitcoin and Ether, two of the largest digital assets, experienced significant declines over the past 24 hours. Bitcoin, which had briefly surged above the $100,000 mark earlier this week, dipped by 5%, dropping to $96,527.
Bhutan's Gelephu Mindfulness City pioneers adoption of digital asset strategic reserves. The city plans to set up an advisory panel on digital assets for GMC.
Solana (CRYPTO: SOL) has dropped below the $200 mark, down 6% on the day as the wider cryptocurrency market continues its slide. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Solana (CRYPTO: SOL) $196.99 $95.3 billion -6.2% +3.9% Bitcoin (CRYPTO: BTC) $95,256.56 $1.88 trillion -5.3% +1.8% Ethereum (CRYPTO: ETH) $3,353.91 $404.2 billion -7.7% +0.8% Trader Notes: Prominent venture capitalist Andrew Kang stated in a post on X on Wednesday that Solana has retraced most of its gains following the post-Trump election rally, creating what he considers a buying opportunity.
Ethereum's attempt to surpass the $4K crucial mark failed, leading to a sharp rejection and raising concerns about sellers' dominance in the market. Fear is mounting, with expectations of a potential sell-off in the coming days if key support levels fail to hold.
Lookonchain reports that the Ethereum Foundation sold 100 ETH on Wednesday. The sales continued a pattern that has been observed since January 2, 2024, with a total of 4,566 ETH sold so far.
Solana (SOL) has been making waves in the cryptocurrency world, drawing attention for its rapid resurgence after a month-long downtrend. With its price climbing back into double digits, Solana has shown signs of life and is poised for a potential breakout.
Ethereum price has declined by nearly 10 percent in the last two days and an uptick in liquidations signal more trouble ahead.
Bhutan is already heavily invested in bitcoin through its hydroelectric-powered mining operations, holding 12,211 BTC ($1.2 billion).
2024 was a pivotal year for the Ripple ecosystem, marked by notable launches and renewed regulatory optimism. That optimism came despite an ongoing legal wrangle with the U.S. Securities and Exchange Commission (SEC) that has now stretched into its fifth year.
Data compiled on Jan. 8, 2025, reveals a contrasting performance among cryptocurrency exchange-traded funds (ETFs). On Tuesday, the 12 spot bitcoin ETFs attracted $52.39 million in net inflows, while the nine spot ether ETFs posted a combined loss of $86.79 million.
The Ethereum Foundation has continued to make strategic developments and research by selling its Ether holding for stablecoins amounting to over $12M in the past year.
The year 2025 could mark a turning point for Ether (ETH), the second largest cryptocurrency by market capitalization. According to Dr. Sean Dawson, head of research at Derive, Ether could reach a peak of $12,000 this year, thanks to Trump, representing a 257% increase from its current price.
Ethereum crashes for two days in a row, and the outlook may get dire as negative catalysts remain. ETH balances on exchanges are rising, Ethereum Foundation continues to sell, while American bond yields are surging.
As 2025 approaches, the crypto market looks set to flip the recent downturn into a notable rally. Several altcoins stand out for their potential ability to break out and possibly outperform top coins like Solana. Here, we look at four coins of such coins.
On Jan. 7, Ripple President Monica Long discussed her company's strategic direction during an interview with Bloomberg TV. She highlighted Ripple's ongoing efforts to increase the distribution and availability of Ripple USD (RLUSD) across additional exchanges, indicating that further developments and announcements are expected imminently.
Demand for the ethereum network is pretty much at full capacity on a daily basis with the daily gas usage stable at 108 million
The potential launch of an XRP ETF could accelerate mainstream crypto adoption and influence regulatory frameworks in the financial sector. The post XRP ETF likely to launch after Bitcoin and Ether ETFs, says Ripple President appeared first on Crypto Briefing.
The crypto markets faced the first pullback of the year that whipped out nearly 7% of the market capitalisation. As the Bitcoin price dropped below $95,000, the Ethereum price also marked a low close to $3,300. Meanwhile, the bulls managed to halt the bearish trend and seem to be trying hard to validate a rebound.
The a Swiss-based not-for-profit organization focused on the development and welfare of the Ethereum (ETH) network, has made its first Ether sale for 2025. In a bid to fund research and development (R&D), the Ethereum Foundation swapped 100 ETH for 329,463 $DAI, the first sale since the beginning of 2025.
With the market currently in some turmoil, the best buys are probably there to be made. What are the best buying levels for Ethereum (ETH), Solana (SOL), and Sui (SUI) for the rest of this bull market in 2025?