The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds.In a slew of filings on March 11, the agency said it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed. Among the affected ETFs are Grayscale's XRP (XRP) and Cboe BZX Exchange's spot Solana (SOL) ETF filings, with the decisions on them pushed until May.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced renewed downward pressure amid a widespread market crash. After reaching a mid-December high of $4,107—still below its November 2021 all-time high of $4,868—ETH slipped below $1,800, marking a 53% drop from its December peak.
XRP saw a strong rally, rising 11.19% to $2.1720 by 20:01 (00:01 GMT) on the Investing.com Index. This marked its biggest one-day gain since March 2.
Cardano (ADA) saw a strong rebound, climbing 10.32% to $0.7273 by 14:13 (18:13 GMT) on Tuesday, marking its largest one-day percentage gain since March 2. The surge pushed Cardanos market cap to $25.05 billion, accounting for 0.95% of the total cryptocurrency market.
Ethereum (ETH) has plunged 18% from $2,150 to as low as $1,750. Large ETH holders face liquidation risks amid the downturn.
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.
Solana (SOL) has faced intense selling pressure, recently dropping below $120 – its lowest level since February 2024. It has declined more than 38% over the past 30 days, reinforcing its bearish momentum.
The SEC has delayed its decision on crypto spot ETFs, pushing back approvals for VanEck Spot Solana ETF, Canary Spot Litecoin ETF, Canary Spot Solana ETF, Canary Spot XRP ETF, Grayscale Spot XRP ETF, and Grayscale Spot Dogecoin ETF, according to court filings on Tuesday.
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.
Despite the sell-off, the whale still holds 30,070 ETH ($50M). Will more selling rattle the market?
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.
As Solana gets closer to a possible death cross formation, it is currently under intense bearish pressure. This technical indicator typically indicates prolonged downward movement, when the short-term moving average (like the 50-day MA) crosses below the long-term moving average (200-day MA).
A crypto strategist who accurately timed Solana's (SOL) meltdown this year thinks the next few years will not be kind to the popular layer-1 protocol. Pseudonymous analyst Bluntz tells his 318,400 followers on the social media platform X that he believes SOL will spend the next two years in deep bear territory.
ETH's market activity signaled potential shifts as key players adjusted their positions. Here's what happened.
Ethereum (ETH) has officially lost the $2,000 mark, trading below this key level for the first time since 2023 and reaching its lowest point since October 2023. The price plummeted as low as $1,750, marking a dramatic drop from its December 2024 high of $4,100.
Bitcoin (BTC) price is rallying the broader cryptocurrency ecosystem. This rebound is encompassing, as altcoins like XRP, Dogecoin, and Cardano have also seen their prices clear immediate resistance levels.
Despite a 38% reduction, Base continues to maintain a commanding lead over other Ethereum Layer 2 solutions.
Ethereum (ETH) is facing a sharp correction, dropping 11% over the past week as bearish momentum continues to dominate. The Relative Strength Index (RSI) remains weak, showing a lack of strong buying pressure, while the Directional Movement Index (DMI) confirms that sellers are still in control.
The Cardano (ADA) price is staging a much needed rebound after being slaughtered over the course of the last week, as the broader crypto market rebounds from lows. The post Cardano Price Set for a 50% Crash? Watch This Key Level appeared first on Cryptonews.
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.
Bitcoin and other top crypto assets are rising again after getting hit hard by President Trump's tariff twists and recession fears.
The price of ether has been on a downward spiral since December, and this new non-profit was launched to solve that problem.
The cryptocurrency market is facing a seemingly never-ending decline, with Ethereum (ETH) and Dogecoin (DOGE) leading the losses among large-cap digital assets. This correction comes as the broader market sentiment turns bearish and cautious while Bitcoin (BTC) experiences persistent volatility and moves into bear market territory.
Amid growing uncertainty, a top analyst has named three scenarios that could cause Cardano (ADA) to outperform Solana (SOL). The projection from the analyst AM_Panic comes as the broader cryptocurrency sector witnesses a massive downturn spearheaded by Bitcoin (BTC).
The SEC delayed several ETF applications today, specifically targeting those based on Solana, XRP, Litecoin, and Dogecoin. The Commission has faced recent criticism for its pro-crypto actions, and this may help buy it some time.
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%.
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.
The crypto market is experiencing a significant decline, triggered by global trade tensions. Moreover, President Trump's Executive Order to set up a Strategic Bitcoin Reserve has surprisingly left crypto traders feeling let down. As a result, the price of Solana has fallen sharply, along with a decrease in important on-chain metrics.
Ethereum Foundation spokesperson Joseph Schweitzer said the claim about the massive transfer was "fake."
Spain's second-largest bank is planning to roll out trading services for Bitcoin (BTC) and Ethereum (ETH).
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.
After a notable price decline in recent days, Solana (SOL) is now poised for a massive upside rally due to its bullish price action on the daily time frame. SOL is one of the top cryptocurrencies, with its technology and adoption significantly rising, recently hitting a record high.
XRP price tumbled to a new 30-day low around $1.90 on Tuesday as markets continued to react to macro headwinds from U.S. trade policies. Derivatives market data suggest bear traders are shaping up to exert more influence in the days ahead.
Solana has tumbled to $124 today, with recent token unlocks creating a strong chance that it could fall further before it recovers. The post Is Solana Crashing Below $100? Token Unlocks Fuel Fresh Sell-Off Concerns appeared first on Cryptonews.
The Chicago Board Options Exchange filed with the Securities and Exchange Commission (SEC) on March 11 to enable staking for the Fidelity Ethereum ETF. The firm said the initiative aims to allow the fund to stake its Ethereum holdings and enhance returns for investors.
TL;DR The crypto market is experiencing a strong correction, with significant losses in Dogecoin (DOGE), Ethereum (ETH), and Lido DAO (LDO). Traders betting on a recovery were the most affected, with losses reaching up to $420 million in BTC, $150 million in ETH, and $30 million in DOGE.
Unless network fundamentals stabilize, Solana remains vulnerable to sustained sell pressure.
Holesky, an Ethereum testnet, has regained finality after nearly two weeks of instability. The network's disruption had stalled testing for the anticipated Pectra upgrade, delaying progress on the upcoming hard fork.
Starknet's integration of Bitcoin and Ethereum could revolutionize DeFi by enhancing scalability, reducing costs, and boosting asset utility. The post Starknet plans to unify Bitcoin and Ethereum on a single layer 2 network appeared first on Crypto Briefing.
Bitcoin at $76,867 signals a crypto correction. If BTC fails to reclaim key levels, altcoins like Solana and XRP could see deeper losses.
The aim is to provide a Bitcoin DeFi experience using trust assumptions as the next big thing to zero-knowledge proofs until such a time that OP_CAT is adopted
Pro-Cardano industry participants expect Gemini to embrace ADA on March 13.
Amid the ongoing market downturn, some asset managers have started thinking creatively. Notably, Fidelity Investments has made a significant move that could redefine the Ethereum ETF market.
Cardano (ADA), the eighth largest cryptocurrency by market capitalization, has seen an increase in trading activity, with its 24-hour trading volume reaching $2 billion, according to CoinMarketCap data.
The Cboe BZX Exchange has filed a request with the U.S. Securities and Exchange Commission (SEC) to allow staking for the Fidelity Ethereum Fund (FETH), as revealed in a March 11 filing. Staking involves locking ETH to secure the Ethereum network while generating rewards.
TL;DR Starknet has integrated Bitcoin and Ethereum into the same execution layer, using STARK proof technology to improve Bitcoin's scalability and functionality. The integration with the Xverse wallet will allow Bitcoin to be managed on this Layer 2 solution. BTCFi Season will be launched to encourage the use of Bitcoin in DeFi applications.
Rakurai, an infrastructure project centered around improving Solana staking, has raised $3 million. The company's seed funding round will help support the launch of Rakurai's Solana staking platform, designed to provide high-quality of service (QoS) transaction landing, Rakurai announced in a Tuesday (March 11) news release provided to PYMNTS.
Cardano (ADA) has faced a lack of growth in recent weeks despite initially grabbing investors' attention during a brief rally.