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news-imageMarch 6, 2025

Bitcoin, Ethereum, Dogecoin Trend Lower, XRP Holds Steady As Texas Eyes Strategic BTC Reserve

Cryptocurrency markets are trading mostly sideways on Thursday as the Texas Senate passed a strategic Bitcoin reserve bill, which now advances to the House. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $88,486.05 -1.5% Ethereum (CRYPTO: ETH) $2,200.97 -0.7% Solana (CRYPTO: SOL) $143.60 -0.96% XRP (CRYPTO: XRP) $2.58 +3.4% Dogecoin (CRYPTO: DOGE) $0.2006 -1.5% Shiba Inu (CRYPTO: SHIB) $0.00001327 +0.02% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.6% and daily active addresses falling by 0.9%.
Publisher: Benzinga
Sentiment: Negative
BTC
DOGE

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Negative
cover-imageNewsBTC
March 6, 2025

Sell All Your Dogecoin If This Happens, Says Crypto Analyst

Crypto analyst Charting Guy (@ChartingGuy) has issued a cautionary note on Dogecoin, suggesting he will sell the meme coin if certain Fibonacci retracement levels fail to break in the coming months. His statement arrives at a time when Dogecoin (DOGE) is trading around $0.20, according to the shared weekly chart on TradingView, showing a steep –14.94% weekly change.

Positive
cover-imageBitcoin
March 6, 2025

XRP Price Analysis: Bulls Eye $3 as Key Resistance Holds

XRP is trading at $2.60, with a market capitalization of $150 billion and a 24-hour trading volume of $5.67 billion, moving within an intraday range of $2.48 to $2.63 as traders assess key technical levels across multiple timeframes. XRP XRP's 1-hour chart indicates a short-term consolidation with higher lows forming, suggesting potential accumulation.

Positive
cover-imageThe Currency Analytics
March 6, 2025

Ethereum Staking Reaches New High: 1.95M ETH Locked

Ethereum (ETH) staking has reached a new milestone, with the number of ETH staked surpassing 1.95 million, marking an all-time high. This surge in staking deposits, now representing 28.5% of Ethereum's circulating supply, reflects a strong shift in investor confidence and a growing belief in Ethereum's long-term potential.

Positive
cover-imageBitcoin Magazine
March 6, 2025

Texas Strategic Bitcoin Reserve Bill Passes The Senate

Bitcoin Magazine Texas Strategic Bitcoin Reserve Bill Passes The Senate In a vote of 25-5, Texas' bitcoin reserve legislation has been approved by the Senate. It will now advance to the House. This post Texas Strategic Bitcoin Reserve Bill Passes The Senate first appeared on Bitcoin Magazine and is written by Nik.

Positive
cover-imageBenzinga
March 6, 2025

Dogecoin Whales Accumulating 150 Million Despite Price Drop: What Do They Know?

Despite Dogecoin's (CRYPTO: DOGE) lackluster performance, whale investors are aggressively accumulating DOGE ahead of Friday's crypto summit. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2010 $29.8 billion -0.5% -3.7% Shiba Inu (CRYPTO: SHIB) $0.00001317 $7.8 billion +0.3% -9.4% PEPE (CRYPTO: PEPE) $0.056803 $2.9 billion -2.7% -18.8% Trader Notes: In an X post on Thursday, Crypto chart analyst Ali Martinez highlighted that DOGE is trading within an ascending parallel channel.

Positive
cover-imageCryptoTicker
March 6, 2025

What is Ethereum Pectra Upgrade?

Ethereum's Pectra upgrade is set to revolutionize the network with enhanced scalability, lower fees, and smart accounts. Here's all you need to know about the Ethereum Pectra upgrade.

Neutral
cover-imageThe Currency Analytics
March 6, 2025

Ethereum ETF Flows Fluctuate as Market Uncertainty Continues

The world of cryptocurrency is no stranger to fluctuations, but recent trends in Ethereum (ETH) exchange-traded funds (ETFs) have raised new questions about the future of the altcoin. After enduring ten consecutive days of outflows, Ethereum ETFs experienced a brief respite on March 4, 2025, as they registered $14.58 million in inflows.

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