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news-imageFebruary 13, 2025

Bitcoin, Ethereum, Dogecoin Dip As XRP Holds Steady: Trader Warns Of Potential Drop To $92,000 Without Improvement

Cryptocurrency markets are trading lower on Thursday, continuing to trade in a tight range. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $95,842.60 -1.3% Ethereum (CRYPTO: ETH) $2,648.21 -1% Solana (CRYPTO: SOL) $193.46 +0.07% XRP (CRYPTO: XRP) $2.46 +0.8% Dogecoin (CRYPTO: DOGE) $0.2571 -1.5% Shiba Inu (CRYPTO: SHIB) $0.00001617 -3.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.9% and daily active addresses higher by 8.5%.
Publisher: Benzinga
Sentiment: Negative
BTC
DOGE

More News Articles

Positive
cover-imageThe Currency Analytics
February 13, 2025

XRP Set to Surge 30%—Key Levels Could Determine Its Future

XRP has been at the center of attention in the cryptocurrency market as it consolidates at a pivotal price level. While the asset's future remains uncertain, on-chain data and technical analysis suggest that XRP could potentially soar by 30%, reaching $3.22—provided it successfully breaks through key resistance levels.

Negative
cover-imageThe Currency Analytics
February 13, 2025

Bitcoin's Bull Run Stalls as Powell Reinforces QT

Bitcoin (BTC) has made impressive strides over the past year, but recent comments from Federal Reserve Chair Jerome Powell have raised concerns about the future of the crypto market. Despite BTC's dominance over the cryptocurrency space, Powell's firm commitment to continuing Quantitative Tightening (QT) could potentially delay the much-anticipated bull run.

Negative
cover-imageCoinPedia
February 13, 2025

Ethereum Whale Sell-off 20,000 ETH, Traders' Eyes on $2,200

Amid ongoing market uncertainty, crypto whales appear uneasy holding assets, as evidenced by their recent actions. On February 14, 2025, blockchain transaction tracker Lookonchain shared a post on X (formerly Twitter) revealing that a giant whale had dumped 20,000 Ethereum (ETH), worth $52.84 million, to the Kraken cryptocurrency exchange.

Positive
cover-imageThe Currency Analytics
February 13, 2025

Samson Mow's 6 Catalysts for Bitcoin Reaching $1 Million

Bitcoin (BTC) reaching $1 million may sound like an audacious prediction, but Samson Mow, a prominent Bitcoin advocate, believes it's within reach. Mow, known for his bullish stance on Bitcoin, has mapped out six key factors, which he refers to as the “6 Paths to Omega,” that could propel Bitcoin's price toward a stunning $1 million.

Positive
cover-imageCryptonews
February 13, 2025

Ethereum Foundation Allocates $120 Million of ETH to DeFi Protocols

The Ethereum Foundation allocated 45,000 ETH (~$120M) to Aave and Spark, marking its largest direct DeFi deposit. The move addresses treasury stability, ETH inflation, and yield opportunities in decentralized finance. The post Ethereum Foundation Allocates $120 Million of ETH to DeFi Protocols appeared first on Cryptonews.

Neutral
cover-imageBenzinga
February 13, 2025

Binance Founder CZ Sidelines XRP, Solana And Sparks BNB Chain Meme Coin Frenzy With His Dog 'Broccoli'

Binance founder Changpeng Zhao , known as “CZ,” ignited a meme coin frenzy and subsequent backlash in the crypto community after sharing a story and photos of his dog, a Belgian Malinois named Broccoli. While CZ explicitly stated he was not creating a meme coin himself, the post prompted the launch of hundreds of tokens bearing the dog's name on the BNB Chain (CRYPTO: BSC).

Negative
cover-imageCryptoSlate
February 13, 2025

US customs reportedly stalling Bitcoin miner shipments amid crackdown

US-based crypto miners are facing delays in receiving ASIC mining hardware due to intensified scrutiny of shipments from China's Bitcoin, the dominant supplier of Bitcoin (BTC) mining rigs. As Bloomberg News reported, industry executives said shipments of Bitmain machines have been held up due to increased scrutiny by US Customs and Border Protection (CBP).

Negative
cover-imageCryptonews
February 13, 2025

Customs Hold Bitmain Equipment, Disrupting U.S. Bitcoin Mining Supply Chains

U.S. Customs is intensifying inspections of Bitmain mining equipment, leading to shipment delays and operational disruptions for bitcoin mining firms. The heightened scrutiny, alongside trade policies, could impact U.S. mining competitiveness amid supply chain challenges. The post Customs Hold Bitmain Equipment, Disrupting U.S. Bitcoin Mining Supply Chains appeared first on Cryptonews.

Negative
cover-imageBenzinga
February 13, 2025

Could Inflation, Unemployment Derail The Bitcoin Bull Run?

Cryptocurrency analyst Benjamin Cowen discussed the latest Consumer Price Index report and its potential impact on Bitcoin (CRYPTO: BTC) and the broader market, emphasizing the delicate balance between inflation and unemployment rates. What Happened: In his latest podcast on Wednesday, Cowen discussed how the 10-year Treasury yield affects Bitcoin's price action.

Positive
cover-imageBitcoinist
February 13, 2025

Bitcoin's Breakout? Expert Says Gold's Biggest Disaster Is Coming

Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, has gone on record to suggest that recent developments at the gold market might trigger a mass exodus to Bitcoin. Notably, the Bank of England is under scrutiny for extended delivery times on physical gold, fueling renewed debate about the reliability of gold-backed assets.

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