Solana slides as Argentina's president faces scandal for promoting crypto token: CNBC Crypto World On today's episode of CNBC Crypto World, a judge in Argentina reportedly investigates the country's president after he promoted a cryptocurrency in a now-deleted post on X. Plus, FTX begins payouts to creditors as its bankruptcy saga winds down.
XRP's price has continued to lose ground despite the positive news.
XRP price has dropped nearly 4% in the last 24 hours and is down 21% over the past 30 days, bringing its market cap to $144 billion. The decline comes as key technical indicators flash warning signs, with the Chaikin Money Flow (CMF) hitting its lowest level since June 2022 and active addresses dropping by 53% in the past month.
In a latest update, the U.S. SEC acknowledged a spot XRP ETF filing from Cboe BZX Exchange for Bitwise to list and trade shares. The SEC has invited comments on the proposal, with a deadline 21 days after it is published in the Federal Register.
Ethereum (ETH), the world's second-largest cryptocurrency by market cap, is poised to continue its price drop due to the current market sentiment and bearish price action. Today, February 19, 2025, a 3.
Solana price plummets as a drop in onchain activity, declining DApps TVL and looming SOL token unlocks approach.
The XRP community is abuzz with excitement as the Securities and Exchange Commission (SEC) acknowledges the third XRP ETF. Recently, the SEC acknowledged Bitwise's XRP ETF, sparking hopes of a major breakthrough in the XRP price.
Grayscale is adding to its offerings, debuting a Pyth Trust as demand for crypto-focused investment products surges.
Crypto analyst Trader Tardigrade has provided a bullish outlook for the Ethereum price, predicting it could soon witness a massive move to the upside. As part of his analysis, Trader Tardigrade also revealed how high ETH could reach as it enjoys this upward trend.
XRP, the digital currency connected to Ripple, is showing significant bullish signs in the market. A popular chart pattern, known as the Cup and Handle, has recently appeared on its price chart, and experts are speculating that this could drive the price of XRP up to $3.35, marking a notable local high for the asset.
Social media parody accounts spread claims that a large-scale hedge fund had a $3.1B Ethereum directional short position. The alleged leak arrives at a time when ETH still awaits a short squeeze to push the price to a higher range.
According to new reports, the U.S. Securities and Exchange Commission (SEC) has confirmed the receipt of an application for a Bitwise spot XRP Exchange-Traded Fund (ETF). According to earlier reports, Bitwise initially filed an application to launch the product back in early October.
Solana (SOL) has seen its price decline to levels last seen in November 2024, hitting a low of $161.66 amid a wider crypto crash that has seen Bitcoin (BTC) drop to $94,078.68 and Ethereum (ETH) drop to $2,612.
The SEC previously acknowledged spot XRP ETF filings from 21Shares and Grayscale, though not from Canary Capital and WisdomTree.
A veteran trader known for calling the collapse of 2022 is predicting big fakeout dips for Bitcoin (BTC) and two top altcoins before fresh explosive rallies. Posting in his Telegram channel, pseudonymous crypto analyst Capo tells his audience that Bitcoin may plummet to around $81,450, a 14% decline from its current value.
Can whales spark the lost retail FOMO in XRP?
Stuart Alderoty, chief legal officer at enterprise blockchain Ripple, has identified the SEC's habit of filing "follow-on' actions after the DOJ as a "major" source of waste at the agency.
As the crypto market faces recent corrections, Ethereum meme coins are catching the attention of investors seeking high returns. These tokens have experienced impressive growth despite market fluctuations.
BTC has dumped to a two-week low of its own.
A programmer that calls himself “Hu Lezhi” has accused the CEO of Chinese hedge fund Kuande Investment of using brain-computer weapons to persecute all company employees. Over 600 ETH worth $1.6 million dollars were burned with messages.
The U.S. Securities and Exchange Commission acknowledged Bitwise's spot XRP ETF filing earlier this Tuesday.
Cboe sought permission to list four spot XRP ETFs on Feb. 6, including 21Shares Core XRP Trust.
Price surge sparks liquidations, but Bitcoin's stagnation and $2,600 liquidation pool increase market volatility.
Collins served as Tether's first chief executive officer from 2013 to 2015, after creating the stablecoin with Brock Pierce and Craig Sellars.
Bitcoin has fallen to its lowest price in weeks as Solana continues to bleed amid the LIBRA controversy, plus other top coins dip.
Ether reserves across centralized exchanges have dropped to their lowest level in nearly nine years.
The Abstract project minimizes the incident, but users fear a security breach.
Another crypto market crash is occurring, with the Bitcoin price dropping below the crucial $95,000 support level, dragging altcoins like Ethereum, Solana, and the XRP price along with it. This price crash has occurred mainly due to the bearish sentiment in the market, thanks to several factors.
Ripple-linked crypto XRP could be on the precipice of another parabolic rise. According to a widely-followed crypto analyst, XRP is forming a convincing pattern on the price chart, signaling a potential surge of up to 28% in the foreseeable future.
The crypto market is going through a new period of turbulence, and Solana (SOL) is directly suffering the consequences. In 24 hours, the cryptocurrency has dropped by 6.2%, reaching $166.42, its lowest level since mid-December.
Cryptocurrencies are some of the most volatile assets you could invest in. But those willing to hang on for the ride can experience some staggering returns.
Solana price crash is a buying opportunity because the FTX unlock and Libra fallout are temporary dips for the quantum-resistant chain The post After Libra and FTX, Solana Price Crash is Best Time to Buy a Quantum-Resistant Future appeared first on Cryptonews.
Abstract, a Layer 2 blockchain platform created by Igloo Inc., the parent company of Pudgy Penguins, is investigating reports of compromised wallets affecting some of its users.
The crypto market is showing mixed signals, causing some altcoins to climb while others experience declines. However, certain altcoins are catching investors' attention due to recent developments surrounding the tokens.
Elon Musk's DOGE has announced an audit against the SEC, targeting fraud and mismanagement. This could be the catalyst XRP investors have been waiting for.
Investor interest in Ethereum is growing as it seeks to break out of its current consolidation phase. On-chain data shows a strong demand for Ethereum, with exchange reserves experiencing a sharp drop. As a result, it is anticipated that the ETH price may soon establish $3000 as a solid support level.
Total losses from the mass exploit is yet to be determined.
The overall cryptocurrency landscape seems to be getting poorer day by day due to the continuous price drop. Amid this, XRP, the native token of Ripple Labs, has been hit hard by the current sentiment, witnessing a notable price drop of 6% in the past 24 hours and reaching a crucial level.
Solana (SOL) has struggled to maintain its bullish momentum, shedding 9.3% in the last 24 hours to a low of $166, marking its lowest level since mid-December.
Crypto-focused asset manager Grayscale has announced the creation and launch of the Grayscale Pyth Trust. Pyth Trust is a single-asset crypto investment fund designed to offer exposure to Pyth Network (PYTH), the native governance token of the oracle network's ecosystem.
The sentiment has begun to turn bearish for SOL.
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Ethereum's (CRYPTO: ETH) recent weekend pump to $2,826 sparked hopes of a sustained rally. But the optimism was short-lived.
Hu Lezhi burned $1.3M in Ethereum, claiming a secret group controls individuals with brain-computer weapons, sparking controversy and speculation.
The exposure of this network highlights the urgent need for increased transparency and regulation in the cryptocurrency market to protect investors. The post DefiTuna founder uncovers network exploiting $200 million from meme coin launch on Solana appeared first on Crypto Briefing.
TL;DR Solana has dropped nearly 38% since January, affected by memecoin speculation and a decline in trading volume. The collapse of the LIBRA token and market manipulation have weakened confidence in the network, with insider traders extracting over $200 million. On March 1, 11.
Ethereum is trading at crucial demand levels, facing intense selling pressure and struggling to reclaim the $2,800 mark. The recent price action has raised concerns among investors, who are trying to stay calm amid rising volatility but fear that Ethereum could drop further.