Ethereum's price has recently experienced a massive drop, coming much earlier than expected, as ETH has failed to make a new all-time high like Bitcoin. Yet, the bull market for the second-biggest crypto might not have begun yet.
Tom Lee, Fundstrat Capital's head of research and a regular contributor to CNBC's Fast Money, has spoken to CNBC's Squawk Box this time, talking to them about the prospects of Bitcoin for this year as 2025 continues to unwrap.
Bitcoin surged 8% to peak at $95,043 after Trump's crypto reserve plan announcement. BTC is trading at $91,821.69, with a $1.82 trillion market cap and a 209% volume surge.
President Donald Trump injected a shot of enthusiasm into crypto markets on Sunday when he announced the five cryptocurrencies that will comprise his U.S. strategic crypto reserve. Trump Announcement Triggers Bitcoin Surge Bitcoin's price experienced a 10% surge following President Donald Trump's announcement of a U.S. strategic cryptocurrency reserve.
Prominent pseudonymous crypto trader Eugene Ng Sio is eyeing a measured approach to the current market conditions following President Trump's strategic cryptocurrency reserve announcement that sent Bitcoin (CRYPTO BTC) above $94,000 on Sunday. What Happened: Major cryptocurrencies have slightly retraced following the Sunday rally, with all proposed ‘reserve cryptocurrencies' trading above Friday's highs.
The Michael Saylor-led company holds just shy of half a million BTC tokens.
If you checked on the crypto market on Friday, you'll have witnessed a bloodbath. Bitcoin plummeted, falling to below $80K at some points.
Last week, the crypto market witnessed its most significant weekly sell-off, with outflows hitting a record $2.9 billion, according to CoinShares‘ latest weekly report. This marked the third consecutive week of capital exiting digital asset investment products, bringing total outflows to $3.8 billion.
The crypto industry is experiencing a shift in regulatory approaches as the U.S. Securities and Exchange Commission (SEC) under new leadership is dropping lawsuits against several prominent crypto firms. Major players such as OpenSea, Robinhood, Uniswap, Gemini, MetaMask, and Coinbase are no longer facing the SEC's scrutiny.
The price of XRP jumped sharply after President Donald Trump announced that the cryptocurrency will become part of the US national crypto reserve. Amid the announcement, the altcoin rose by 30%.
The cryptocurrency market erupted after Donald Trump announced the formation of a U.S. Strategic Crypto Reserve, placing key assets like XRP, Cardano , and Solana in the spotlight. Posting on Truth Social, Trump declared his ambition to make the U.S. the “Crypto Capital of the World”, sending shockwaves through the digital asset space.
On-chain crypto sleuth ZachXBT just alerted the crypto community to the fact that XRP addresses activated by Chris Larsen still hold $7.18 billion worth of XRP.
Bitcoin's market momentum might finally change thanks to a strong and rapid comeback above an important support level. The sideways channel formed previously was not breached, which leaves the possibility for a substantial price reversal open for the future.
Bitcoin (CRYPTO: BTC) and altcoins rallied sharply after President Trump's surprise announcement of a U.S. crypto strategic reserve. What Happened: In an X post on Monday, Eric Trump praised the timing of his father's announcement, calling it a shift in financial dynamics that finally gives retail investors a leg up.
David Bailey, a prominent figure in the cryptocurrency community, informed his X followers that China is “holding closed door meetings” on establishing their own strategic bitcoin reserve.
The sentiment has been intensely bearish in recent days, and traders would be apprehensive of being bullish.
March has begun on a positive note following a bearish February, bringing key upgrades for several altcoins. These developments could fuel the ongoing rally and aid in recovering recent investor losses.
Japan's Metaplanet has gone on yet another Bitcoin buying spree. Earlier today, it snagged an extra 156 $BTC worth around $13.4M, bringing its stash to a sizable 2,391 $BTC (approximately $219.5M).
The crypto market registered a sharp recovery on Sunday after President Donald Trump announced the names of cryptocurrencies to be included in the strategic reserve. As a result, the crypto market cap surged nearly 9% to reclaim the $3 trillion mark and move to its current $3.08 trillion.
Bitcoin surged 8% on Monday, fueled by Trump's crypto reserve announcement, with analysts viewing it as a good buying opportunity.
Ripple, the company behind the XRPL development and XRP's largest token holder, is preparing its treasury for March sales. Onchain data reveals Ripple has reserved 300 million XRP from the 1 billion unlocked on March 1, as Finbold reported.
Japanese investment firm Metaplanet has doubled down on its Bitcoin accumulation strategy by acquiring a new batch of 156 BTC. The firm unveiled this announcement via its official X post hours ago, detailing how it took advantage of the market dip between Feb. 18 and Feb. 28.
Bitcoin investors are closely watching this week's US economic data releases, which could dictate BTC's next move. With employment figures, inflation insights, and Federal Reserve commentary on the agenda, the crypto market is preparing for possible price swings.
XRP missing 32,000 ledger blocks from 2012 continues to raise transparency concerns. Trump's crypto reserve announcement fueled debates over XRP's role and legitimacy.
Ethereum (ETH) creator Vitalik Buterin says that the US government's targeting of early Bitcoin (BTC) pioneer Roger Ver is an “absurd” and unreasonable persecution. Ver, an early Bitcoin investor who later decided to support the Bitcoin Cash (BCH) fork, was arrested in Spain in late April of 2024 at the direction of the U.S.
"This is all pure speculation on my part," the lawyer outlined.
The Ethereum Foundation has made two new additions to its executive roster: Hsiao-Wei Wang and Tomasz Stańczak are new co-Executive Directors. The post The Ethereum Foundation Restructures Leadership With New Co-Executive Directors appeared first on Cryptonews.
Scottie Pippen, the NBA Hall of Famer known for his role in the Chicago Bulls' dynasty, has joined the growing list of high-profile figures expressing strong optimism about XRP. The legendary basketball player recently shared his positive outlook on the cryptocurrency market, particularly on XRP, via a tweet that read: “BULLish on XRP.
Ripple's XRP and ethereum rivals solana and cardano—all regarded as U.S.
This marks the first tokenized money market fund for retail investors in the Asia-Pacific region. With an initial scale of about $107 million, this move brings new opportunities for ETH investments.
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A total of 2.6 million transactions have been recorded in the last 30 days, indicating a notable on-chain surge for XRP. There are concerns regarding the possible effects of this abrupt increase in activity in the trajectory of XRP's price.
The 2025 bull run is back on the map. In the mids of bearish sentiment, the tables have turned.
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David Sacks who was appointed as the White House AI and Crypto Czar by the newly elected US president, Donald Trump, has confirmed that he had sold his personal crypto holdings before he entered this important position.
Following President Trump's announcement on the Crypto Strategic Reserve on this Truth Social account on Sunday, the entire crypto market has blown skywards. Has this announcement put $ETH, $XRP, and $SOL back on track?
In an exciting move for XRP holders, Charles Hoskinson, the founder of Cardano, has once again highlighted the role of XRP holders in the upcoming distribution of tokens for Cardano's privacy-focused project, Midnight. This declaration comes amidst a shift in perceptions surrounding the XRP Ledger, largely influenced by growing regulatory clarity and notable backing, including from U.S. President Donald Trump.
Ethereum price has formed a risky chart pattern that points to a 60% plunge in the coming months. This crash will likely happen even as Donald Trump announced plans to include ETH into the US Strategic Crypto Reserve.
Tom Lee, Fundstrat co-founder and managing partner and Fundstrat Capital CIO, joins 'Squawk Box' to discuss the latest market trends, impact of tariff threats and DOGE's cost cutting, the Fed's inflation fight, state of bitcoin, and more.
While the idea of a reserve had been floated before, this marks the first time specific altcoins were highlighted, analysts told Cointelegraph.
Some altcoins charted massive 50%+ surges after Trump's statement.
There's been a lot of buzz around the idea of a U.S. Strategic Bitcoin Reserve, especially after Donald Trump's social media post fueled speculation. The U.S. government already holds around 200,000 BTC worth nearly $19 billion, mostly from seizures. If the U.S.
Strategy and Coinbase lead the crypto-equity rally in pre-market trading, both up double digits.
Renowned U.S. economist Peter Schiff, sharply criticized the idea of including XRP in the United States Cryptocurrency Strategic Reserve, questioning its purpose amid broader discussions about digital assets in the American economy.
Prices have pulled back to the descending trendline from Jan. 16 highs.
The announcement led to a 60% increase for ADA and a 25% increase for XRP.
MetaMask is developing a multichain API that will allow dApps to connect to multiple blockchains simultaneously, both EVM and non-EVM.
Bitcoin (BTC) has made a notable rebound in recent days, rising 8% and trading at $93,202. The cryptocurrency is currently attempting to establish $93,625 as a key support level.