A wallet linked to the $40 million ZKasino scam lost more than $27 million after a leveraged position was liquidated, marking what some in the crypto community are calling a dose of karmic justice.ZKasino launched in April 2024, luring investor capital by promising an airdrop of its native token to users who bridged Ether (ETH) to the platform. However, instead of returning the funds, ZKasino transferred around $33 million in user ETH to the staking protocol Lido Finance.

Amidst the broader crypto market crash, XRP has broken below an important support zone that several traders have identified as pivotal. In a chart shared by crypto analyst Josh Olszewicz during his latest YouTube update, the token shows a pronounced break beneath the Ichimoku Cloud on the daily timeframe, with the price now positioned under the $2.00 handle.

The cryptocurrency market experienced a staggering $1.42 billion in liquidations over the past 24 hours, driven by a sharp decline in major digital assets following President Donald Trump's tariff policies and a broader market sell-off. What Happened: Bitcoin (CRYPTO: BTC) fell 7.5%, currently trading at around $76,650, while Ethereum (CRYPTO: ETH) dropped 17%, XRP (CRYPTO: XRP) 15%, and Solana (CRYPTO: SOL) and Dogecoin (CRYPTO: DOGE) both shed 16%.

Bitcoin plunged below $75,000 early Monday during European trading hours, triggering a broader crypto market sell-off. Major altcoins including XRP, Solana (SOL), and Dogecoin (DOGE) saw sharp losses, extending declines across the sector to nearly 20%.

Joe Weisenthal, co-host of Bloombergs Odd Lots podcast, has highlighted a curious trend: major XRP price rallies often coincide with local tops in Bitcoin. This observation gained renewed relevance when XRP surged to a record $3.40 on Jan. 16, 2025, on Bitstamp, following a dramatic rally in late 2024.

The notorious ‘Hyperliquid 50x whale' is back in action with a newly formed long position of 47,253 ETH leveraged at 20x. The trader has gained a profit of nearly $2 million.

An Ether whale loses $106M after liquidation on Sky protocol during a 14% market crash, highlighting the risks of DeFi collateralization amid Ethereum's steep price decline and broader crypto market turbulence. The post ETH Investor Faces $100M Loss After Sky DeFi Liquidation Amid Market Crash appeared first on Cryptonews.

As the bloodbath in stocks and crypto assets continues, the top layer 1 cryptocurrencies are coming down to critical support. Will this hold, or will the crash persist?

On a morning when the charts turned red before the coffee even cooled, Ethereum (ETH) found itself in territory not seen since the end of 2023, dipping below $1,500. The 16.3% drop over the past week puts the major altcoin behind the general crypto market's decline of 9.5%.

Prominent blockchain tracker Whale Alert, which tracks down large cryptocurrency transfers and shares the details on its website and X handle, has spotted a massive XRP transaction targeting the world's largest crypto exchange Binance.

Amid the ongoing crypto market crash, Ripple CTO David Schwartz has caught the investors' eyes. In a recent X post, the CTO shared “good news” for the market participants, especially as the global stock markets recorded a massive retreat today.

"The uncertainty dragged Solana and Ethereum into a steep downtrend," an expert told Decrypt, saying current trading "smells of profit-taking."

TL;DR Ethereum drops 15% to the $1,500 range: Market volatility intensifies as whales swing between panic selling and quick dip buying. Massive DeFi liquidations triggered: Over $1.1 billion in ETH faces forced sell-offs on various lending platforms.

Digital asset investment products saw $240 million in outflows last week, marking a sharp reversal in sentiment. Bitcoin-based products accounted for most of these losses, registering $207 million in outflows, according to CoinShares' latest weekly report.

A well-known whale that shorted Ethereum (ETH) on Hyperliquid is now returning with a 20X leveraged long position, betting on an ETH price recovery.

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Ethereum has extended its downtrend, setting fresh lows around $1,400 — a level not seen since early 2023. The continuation of selling pressure has shaken market sentiment, with many investors fearing that the worst is still ahead.

Ethereum (ETH) dropped 19.43% in 24 hours, hitting $1,452. Market cap fell to $175.31B while volume surged 405% to $32.31B.

Bitcoin and other major cryptocurrencies endured steep losses as global financial markets reeled from escalating trade tensions. The post BTC, SOL, XRP Drop 20% — Billionaire Bill Ackman Calls for 90-Day Pause on Trump's Tariffs appeared first on Cryptonews.

Ethereum has dropped about 20% over the past 24 hours, falling below $1,500 for the first time since March 2023. Ethereum (ETH) is trading at $1,476 at the time of press, having recorded a 24-hour high of $1799.

ETH whales have been diligent in topping up wallets, but a flash crash could rile the market.

7 Siblings whale purchased over $42 million worth of Ethereum in the last 12 hours. Whales are leveraging the market dip and accumulating Ethereum in unprecedented ways.

XRP price is staging resilience in the broader market, as the sustained selloff from Trump's reciprocal tariff announcement is still biting risk assets.

With an abrupt sell-off, XRP has fallen over 11% in the last day and broken through its 200 EMA support level at $1.19. The asset is currently trading below $1.70, indicating a very bearish reversal and raising the prospects of adding a zero — a term used in the cryptocurrency community to describe a sharp decline in price to a lower decimal threshold.

XRP has lost more than $20 billion in market capitalization in the past 24 hours, per data retrieved by Finbold from CoinMarketCap.

Ripple (XRP) remains at the forefront of cryptocurrency discussions, as rising optimism about regulatory clarity and innovative payment solutions could propel its price to $10 in the coming weeks. Ripple's integration of its RLUSD stablecoin is bolstering its ecosystem, making XRP a favorite among both retail and institutional investors.

Ethereum, Solana, and other major altcoins took a beating on Monday as the entire crypto market dropped more than 13%, following a big selloff in Asian markets, leading to more than $1 billion in liquidations.

An unidentified cryptocurrency whale injected millions of dollars in emergency capital to avoid a potential liquidation of more than $300 million in Ether as markets slumped amid renewed macroeconomic pressure.The whale is reportedly close to liquidation on a 220,000 Ether (ETH) position on MakerDAO, a decentralized finance (DeFi) lending platform. To stave off liquidation, the investor deposited 10,000 ETH — worth more than $14.5 million — and 3.54 million Dai (DAI) to raise the position's liquidation price, blockchain analytics firm Lookonchain said in an April 7 post on X.

Amid the growing trend of real-world asset (RWA) tokenization, industry heavyweights like Ripple CEO Brad Garlinghouse and XRP lawyer John Deaton weigh in on the matter. While commenting on the potential tokenization of RWAs, the XRP lawyer expressed his thoughts on Bitcoin and crypto.

David Schwartz, the CTO of blockchain payments firm Ripple Labs Inc., has reacted to CNBC broadcaster Jim Cramer's market commentary. Different market reactions have followed the ongoing global sell-off on the stock market, which removed over $5 trillion from the S&P 500 in two days over the past week.

The crypto market is in a state of chaos as Ethereum takes a major hit. In the past 24 hours, ETH has dropped over 14%, currently trading around $1,547. This steep decline comes amid broader market turbulence triggered by U.S. tariff measures and other economic uncertainties.

Global financial markets suffered a severe beating after US President Donald Trump made a sweeping tariff declaration, with cryptocurrency XRP being one of the assets that recorded sharp price falls. The digital currency dropped from $2.20 to $1.75 during widespread selling pressure in both conventional and crypto markets.

Assessing altcoins' next move amid renewed Trump tariff fears and macro uncertainty.

There haven't been many dull moments in the cryptocurrency industry lately. The Trump administration took over in January, and there has been a monumental pivot to a much more pro-cryptocurrency approach.

XRP, the fourth-largest cryptocurrency by market cap, has plunged to $1.65, its lowest level since November 2024, losing nearly 30% in the past month. The broader market is also on edge, with fears of a U.S. trade war sparking sell-offs across stocks and risky assets.

Ethereum (ETH) faced more price pressure from a series of liquidations and panic sales. At the same time, long-term holders are still buying ETH to lower their average price, with the Seven Siblings wallet buying at around $1,700.

XRP dropped to its lowest mark since November 2024.

Ethereum price crashed 14% below $1,600, triggering a $106 million whale liquidation as the broader crypto market lost $160 billion.

The European market opened Monday, April 7, with a similar bearish trend as the Asian market. With a similar choppy trend expected later today after the New York stock exchanges open, the crypto market has fallen in line with a 12 percent decline in its total valuation to about $2.

Ripple believes the UK has the potential to become a global crypto leader if it acts swiftly to implement clear and comprehensive regulations.

ETH has dropped 16% today, now trading at near $1,500, a level last seen in January 2018, sparking debate around its “ultrasound money” status.

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The amount of Ethereum available on exchanges has just dropped to its lowest level since 2016. A strong signal, as on-chain movements trigger growing interest among analysts looking for leading indicators.

The ‘Black Monday' stock market crash has adversely impacted the crypto markets; while the Bitcoin price plunged below $75,000, Ethereum lost $1500 after holding for more than 24 months. The panicked investors trigger a massive sell-off while the big whales have begun to liquidate massive amounts of ETH.

Since the start of April 5, the cryptocurrency market has dropped by approximately 11.32%. During the weekend alone, the market slipped by over 7.16%. In the last 24 hours, almost all the top cryptos have seen serious declines. Bitcoin has plummeted by over 9.5%, Ethereum by 17.3%, XRP by 20.5%, BNB by 9.

“We expect crypto markets to dip once US markets open,” one trader said.

Ethereum price has broken below a key support level, with substantial drops in its DeFi and ETF performance underlining a weak standing.