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news-imageMarch 6, 2025

ADA, SOL, XRP: Altcoins Under Consideration for U.S. Crypto Reserve Lag BTC in Retaking Sunday Highs

The market appears to be pricing in minimal expectations for these altcoins.
Publisher: Coindesk
Sentiment: Negative
ADA
BTC

More News Articles

Positive
cover-imageUToday
March 6, 2025

BlackRock's Bitcoin Holdings Grow as Market Bounces Back

BlackRock's Bitcoin holdings are up as the crypto market extends its recovery in Thursday's trading session. According to blockchain analytics platform Lookonchain, on March 6, the group of 10 Bitcoin ETFs saw a positive net inflow of 80 BTC worth $7.22 million, with BlackRock's iShares Bitcoin ETF leading the charge.

Positive
cover-imageThe Motley Fool
March 6, 2025

This 1 New Feature Could Help XRP Grow Explosively for Years and Years

One of the core promises that XRP (XRP 4.66%) extends to its target users -- financial institutions -- is that they'll be able to transfer their money more quickly and more cheaply if they use the token instead of using an alternative technology. The token's feature set is expanding to include the ability to make the same snappy transfers of other assets, too.

Negative
cover-imageUToday
March 6, 2025

Cardano (ADA) Suddenly Drops 6%, What's Happening?

Cardano (ADA), the eighth largest cryptocurrency by market capitalization, has unexpectedly dropped 6%, leaving market participants wondering about the reasons behind the sudden decline. The price drop contrasts with the broader crypto market, which is recovering from recent losses, with several cryptocurrencies trading in the green.

Positive
cover-imageBenzinga
March 6, 2025

XRP Jumps 16% In 7 Days: What Is Going On?

XRP (CRYPTO: XRP) continues its strong rally, driven by anticipation of the upcoming White House crypto summit and the confirmed attendance of Ripple CEO Brad Garlinghouse. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.59 $150.4 billion +5.2% +17.8% Bitcoin (CRYPTO: BTC) $89,758.18 $1.77 trillion +0.4% +4.7% Ethereum (CRYPTO: ETH) $2,251.41 $271.6 billion +2.7% -3.3% Trader Notes: Trader CrediBULL Crypto is watching whether XRP drops below $2 for a potential re-entry.

Negative
cover-imageCryptoPotato
March 6, 2025

Bitcoin Price Analysis: Caution Flags as BTC Tests $90K

Bitcoin recently broke below the 100-day moving average at $97K, triggering a sharp sell-off that pushed the price beneath the $80K threshold. However, a strong rebound from the 200-day MA at $80K has brought the price back toward $90K, suggesting a potential sideways consolidation phase in the short term.

Positive
cover-imageBenzinga
March 6, 2025

Michael Saylor Hints US Will Buy 1 Million Bitcoin For Strategic Reserve

Michael Saylor, executive chairman of Strategy (NASDAQ:MSTR), suggested on Thursday that the United States plans to purchase 1 million Bitcoin (CRYPTO: BTC) to establish a strategic reserve, aligning with a framework outlined in the bill proposed by senator Cynthia Lummis (R-Wyo.) He was speaking in a Fox Business interview, ahead of a White House Crypto Summit scheduled for Friday, where Saylor will participate.

Positive
cover-imageInvezz
March 6, 2025

Brazil's Méliuz joins Bitcoin trend, buys 45.72 BTC

Méliuz, a Brazilian financial technology company, purchased Bitcoin as part of their treasury management procedure, demonstrating the growing interest in digital currencies. Méliuz's board of directors approved a significant investment on Thursday by purchasing 45.72 Bitcoins worth about $4.1 million at an average price of $90,296.11 per unit.

Negative
cover-imageInvezz
March 6, 2025

Whale interest in Dogecoin (DOGE) and Solana (SOL) on the decline but this crypto is seeing it rise rapidly

Recent data indicates a significant decline in whale activity for both Dogecoin (DOGE) and Solana (SOL), suggesting reduced interest from large investors. For Dogecoin, large transactions have plummeted nearly 88% since mid-November 2024, leading to diminished liquidity and investor confidence. In contrast, Mutuum Finance (MUTM) is witnessing a rapid increase in whale interest.

Positive
cover-imageThe Currency Analytics
March 6, 2025

Metaplanet Acquires $43.9M Bitcoin, Stock Surges

Metaplanet, a Japanese firm, has significantly increased its Bitcoin holdings, acquiring an additional $43.9 million worth of Bitcoin amid ongoing market fluctuations. This purchase pushes Metaplanet's total Bitcoin holdings to 2,888 BTC, positioning the company as a major player in the corporate cryptocurrency landscape.

Neutral
cover-imageThe Motley Fool
March 6, 2025

Better Buy: Bitcoin vs. XRP

Bitcoin (BTC 0.80%) and XRP (XRP 4.20%) are very different types of cryptocurrencies. Bitcoin, which has a market cap of $1.7 trillion, is the world's most valuable cryptocurrency.

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