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news-imageFebruary 17, 2025

USA stock markets closed for President's Day: price of Solana (SOL) and Ripple (XRP) in negative, Ethereum (ETH) against the trend

Today, with the closure of the USA market on the occasion of President's Day, the price of Solana (SOL) and XRP records negative performances.
Publisher: The Cryptonomist
Sentiment: Negative
ETH
SOL

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March 12, 2025

XRP Suppressed? Bitwise CIO Predicts Market Shock Post-Lawsuit

In an interview with the Paul Barron Network, Bitwise Chief Investment Officer (CIO) Matt Hougan expressed his perspective on the long-debated regulatory battle surrounding XRP and its potential market reaction once legal uncertainties are resolved. According to Hougan, the crypto asset—long restrained by litigation—may be significantly undervalued, with the potential for a sharp market correction following a favorable resolution to its legal entanglements.

Positive
cover-imageCointelegraph
March 12, 2025

Starknet to settle on Bitcoin and Ethereum to unify the chains

Ethereum layer 2 Starknet is laying the groundwork to settle on Bitcoin and Ethereum to unify the two largest blockchains on a single layer.The Starknet Foundation said in its March 11 Bitcoin roadmap that it's aiming for Starknet to become Bitcoin's execution layer, scaling it from 13 transactions per second to thousands, reducing blocks and gas fees, and creating a better user experience. “Most Bitcoin today sits static in wallets and exchanges, constrained by the limitations of the network's original design: a lack of scalability and an inability to natively support applications beyond simple buying, selling, and transferring,” the foundation said.

Negative
cover-imageCoingape
March 12, 2025

Will Ethereum Price Crash Below $1,500 Before Market Rebound

Ethereum price action is currently at a critical juncture, with MVRV pricing bands signaling key support at $1,440 amid growing bearish pressure. Market indicators suggest weakening strength, while large whale transactions to exchanges raise concerns about increased selling pressure.

Negative
cover-imageNewsBTC
March 12, 2025

Solana Falls Under Realized Price: Here's What Happened Last Time

On-chain data shows Solana (SOL) has seen its spot value drop under the Realized Price for the first time in three years following the recent bearish action. Solana Has Just Seen A Breakdown Of The Realized Price According to data from the on-chain analytics firm Glassnode, Solana has slipped around 8% below its Realized Price.

Positive
cover-imageCryptonews
March 11, 2025

CBOE Submits Proposal to Allow Staking in the Fidelity ETH ETF

A new filing by the Cboe BZX Exchange requests SEC approval for staking within the Fidelity ETH ETF. This move could provide additional yield through Ethereum's proof-of-stake mechanism, aligning with increasing demand for staking in crypto ETFs and reflecting broader integration of DeFi in traditional asset management. The post CBOE Submits Proposal to Allow Staking in the Fidelity ETH ETF appeared first on Cryptonews.

Positive
cover-imageBenzinga
March 11, 2025

Bitcoin, Ethereum, XRP, Dogecoin Surge Following Bitcoin Act Of 2025 Announcement

Crypto markets are rallying on Tuesday as the Bitcoin Act of 2025 is introduced in the House, proposing the acquisition of one million BTC over five years with a 20-year lockup. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,985.45 +5.4% Ethereum (CRYPTO: ETH) $1,951.21 +4.6% Solana (CRYPTO: SOL) $127.73 +6.6% XRP (CRYPTO: XRP) $2.19 +6.4% Dogecoin (CRYPTO: DOGE) $0.1680 +7.1% Shiba Inu (CRYPTO: SHIB) $0.00001225 +4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 49.4% and daily active addresses growing by 19.9%.

Positive
cover-imageCointelegraph
March 11, 2025

Cboe seeks to add staking to Fidelity's Ether ETF

Securities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity's Ether exchange-traded fund (ETF), according to a March 11 filing. The filing marks Cboe's latest attempt to support staking for the Ether (ETH) funds traded on its US exchange.

Negative
cover-imageFinbold
March 11, 2025

AI predicts Solana price for March 31,2025

Solana (SOL) has plunged over 35% in the past month, falling to $127.63 at press time, its lowest level in months. The sharp decline has sparked broader market panic, with weak technical indicators and fading network activity compounding concerns.

Positive
cover-imageCrypto Briefing
March 11, 2025

Franklin Templeton files S-1 form for XRP ETF

The filing could accelerate mainstream adoption of XRP, influencing crypto market dynamics and regulatory approaches to digital asset ETFs. The post Franklin Templeton files S-1 form for XRP ETF appeared first on Crypto Briefing.

Positive
cover-imageBenzinga
March 11, 2025

Bitcoin Reserve Upgrades Crypto But Paypal, Ripple Stablecoins Lag Behind

The U.S. government's bold move to establish Bitcoin (CRYPTO: BTC) as an official reserve asset through President Donald Trump's strategic Bitcoin reserve (SBR) has thrust cryptocurrencies into the spotlight, yet stablecoins like PayPal's PYUSD and Ripple's RLUSD are faltering in their bid for market share against offshore giants like Tether's USDT. What Happened: Signed into effect on March 6, the executive order designates Bitcoin as a sovereign-grade store of value, backed by roughly 100,000 BTC from forfeited Treasury holdings, while a favorable regulatory climate has failed to ignite adoption of U.S.-based stablecoins.

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