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news-imageMarch 12, 2025

Bitcoin, Ethereum Slip, XRP, Dogecoin Hold Gains On Slow Wednesday

Bitcoin and Ethereum struggle to maintain gains, while XRP rallies on optimism over the SEC potentially closing its case against Ripple. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,997.45 -0.13% Ethereum (CRYPTO: ETH) $1,876.24 -3.7% Solana (CRYPTO: SOL) $124.56 -2.1% XRP (CRYPTO: XRP) $2.23 +2.5% Dogecoin (CRYPTO: DOGE) $0.1689 +1.3% Shiba Inu (CRYPTO: SHIB) $0.00001229 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.2% and daily active addresses falling by 3.4%.
Publisher: Benzinga
Sentiment: Neutral
BTC
DOGE

More News Articles

Negative
cover-imageNewsBTC
March 13, 2025

XRP Faces Bearish MVRV Crossover—Price Plunge To Continue?

On-chain data shows the XRP Market Value to Realized Value (MVRV) Ratio has just gone through a crossover that may not be positive for the asset's price. XRP MVRV Ratio Has Dropped Under Its 200-Day MA As pointed out by analyst Ali Martinez in a new post on X, the MVRV Ratio's latest crossover may signal a macro trend shift for XRP.

Negative
cover-imageCryptoSlate
March 12, 2025

Binance whale selling slows, but Bitcoin miners may add market pressure

Bitcoin (BTC) whales on Binance appear to be reducing their selling pressure, but the potential for increased BTC sales from miners could introduce new downward pressure on the market. According to CryptoQuant's community analyst Darkfost, whale activity on Binance, which handles some of the largest Bitcoin trading volumes, is showing signs of decline.

Negative
cover-imageBeInCrypto
March 12, 2025

Has Bitcoin (BTC) Topped For The Cycle?

Bitcoin (BTC) is at a critical point in its current cycle, with signs that it may be diverging from past halving patterns. Unlike previous cycles, where strong rallies followed halvings, this one has been more uncertain.

Negative
cover-imageCryptonews
March 12, 2025

Sec's Case Against Ripple Set to Close, Sources Say: Fox Business

Ripple's legal battle with the SEC appears to be nearing its conclusion, according to sources. The case, which has shaped crypto regulations in the U.S., may soon be resolved, potentially influencing broader enforcement strategies and digital asset oversight in the industry. The post Sec's Case Against Ripple Set to Close, Sources Say: Fox Business appeared first on Cryptonews.

Positive
cover-imageNewsBTC
March 12, 2025

This Is The Last Opportunity To Buy Dogecoin ‘Relatively Cheap,' Predicts Analyst

Crypto analyst Kevin (@Kev_Capital_TA) suggests that Dogecoin's current market structure signals “the last opportunity” for investors to acquire the meme coin at relatively low prices. Kevin points to several convergent technical indicators, including a back test of the macro 0.5 Fibonacci retracement near $0.158, a retest of descending multi‐year trend lines, a convergence with both the 200‐week Simple Moving Average (SMA) and Exponential Moving Average (EMA), and an historically low 3‐Day RSI reading.

Positive
cover-imageCointelegraph
March 12, 2025

Rumble embraces Trump-era crypto strategy with $17M BTC purchase

Video-sharing platform Rumble says it had purchased more than $17 million worth of Bitcoin as part of a previously announced investment strategy.In a March 12 notice, Rumble said it had added 188 Bitcoin (BTC) to its treasury for roughly $17.1 million. The investment, suggested by CEO Chris Pavlovski in November following Donald Trump winning the US presidential election, was touted as a hedge against inflation and part of a broader move to deepen ties to the crypto industry.

Positive
cover-imageCointelegraph
March 12, 2025

Bitcoin dominance hits new highs, alts fade: Research

Bitcoin's (BTC) dominance has crested new highs as altcoins' short-lived rally fizzles, according to data from Matrixport, a cryptocurrency financial services platform. As of March 12, Bitcoin dominance — a measure of Bitcoin's share of crypto's overall market capitalization — stands at 61.2%, according to Matrixport.

Positive
cover-imageCoingape
March 12, 2025

Analyst Reveal How Ethereum Price $8,000 Move Could Be In Play

Ethereum price is poised for further recovery as analysts have identified hidden bullish divergence that could enhance the previous rally. The pattern which indicates momentum shifts has it that, contrary to the present slump in the price, ETH could be on course to rise above its previous record high of $4,850.

Neutral
cover-imageReuters
March 12, 2025

FTC withdraws bid to delay Amazon trial over DOGE cuts

The U.S. Federal Trade Commission on Wednesday reversed one of its lawyer's statements in court that it needed to delay the trial in its consumer protection case against Amazon.com , after earlier citing "severe resource shortfalls" caused by cost cutting measures.

Negative
cover-imageNewsBTC
March 12, 2025

This Ethereum Monthly RSI Chart Just Crashed To New Lows To Break 2022 Records, What Happened Last Time?

Ethereum's price has been facing significant downward pressure in recent days, with the cryptocurrency even dipping below the $2,000 mark for the first time since December 2023. The crash below $2,000 has done more harm to the already declining bullish sentiment, and the next outlook is whether there will be more incoming declines or whether the leading altcoin is already nearing a bottom.

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