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Ethereum's value against Bitcoin has hit its lowest level since mid-2020, with a crypto trader suggesting that it might be time to shift into higher-performing altcoins.“If still stuck on ETH, it is likely a good time to dump it to buy a higher beta altcoin,” economist and crypto trader Alex Kruger said in a March 12 X post.
Ethereum price started a recovery wave from the $1,750 zone. ETH is now consolidating and facing hurdles near the $1,920 resistance.
Ethereums Holesky testnet has finally reached finality, overcoming a software bug that delayed it for nearly two weeks after the Pectra upgrade. This milestone comes as developers postpone setting a mainnet launch date for Pectra, keeping the crypto community waiting for the major upgrade.
Ethereum price came under intense pressure this week as its crash gained steam. The ETH/BTC pair plunged to a low of 0.0225, its lowest level since May 2020. It has plunged by over 75% from its highest level in December 2021.
The crypto market cap just hit $2.69T—why are investors pulling funds from ETFs despite this growth?
Ethereum (ETH) investors are in despair as they watch the crypto continue to lose ground versus its major rivals like Bitcoin. The post Ethereum Price Set to Dump to $1,500 Next – Buy the Dip? appeared first on Cryptonews.
Ethereum, the second-largest cryptocurrency after Bitcoin, has experienced a significant price decline despite the U.S. Securities and Exchange Commission's (SEC) approval of Ethereum ETFs in 2024 and the addition of ETH to the U.S. Digital Asset Stockpile in 2025.
Ethereum is still under significant bearish pressure, with the possibility that the downward trend might continue in the coming days or weeks as the market struggles to recover. After dropping sharply over the last few days, ETH may have finally reached that crucial moment that could trigger a significant upward surge.
Ethereum Layer-2 Starknet has announced plans to launch a Bitcoin L2 to unify the two biggest blockchain ecosystems. In a post on X, Starknet added that it will become the first L2 to settle on both networks.
Banco Bilbao Vizcaya Argentaria (BBVA), the second-largest lending institution in Spain and one of the largest in Europe, has announced the integration of crypto into an upcoming platform as part of its service offering.
HANetf launched Europe's first leveraged crypto ETCs for Bitcoin and Ethereum, offering traders regulated tools to amplify exposure to price swings, whether bullish or bearish. The post HANetf Launches New ETCs for Leveraged or Short Bitcoin and Ethereum Exposure appeared first on Cryptonews.
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%.
The 1-week liquidation heatmap showed a range formation under $2,000 could materialize.
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.
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.
Bitcoin (BTC) is trading below key support levels after massive selling pressure hit the market, fueling fear and uncertainty among investors. Since the start of March, BTC has lost over 19% of its value, triggering concerns that further downside may be ahead.
The US Securities and Exchange Commission has postponed ruling on whether or not to permit Cboe BZX Exchange to list options tied to asset manager Fidelity's Ether (ETH) exchange-traded fund (ETFs). The agency has given itself until May 14 to approve or disapprove of Cboe BZX's request to list options tied to Fidelity Ethereum Fund (FETH), according to a March 12 SEC filing.
Analyt project massive BTC dominance if its DeFi sector is fully tapped.
The crypto market is facing a decline, with increased fear coming from trade tensions and the effects of President Trump's Bitcoin Reserve order. Ethereum, a leader in the altcoin sector, has seen a significant decline, dropping nearly 14% over the past week.
Bitcoin (BTC), Ethereum (ETH) and XRP face carnage in response to Trump's policies and announcements. The total market capitalization of crypto is down to $2.784 trillion on Wednesday.
Ethereum (ETH) has seen a significant decline in price, falling from $2,800 to around $1,900 in recent weeks. This drop has triggered a major bearish signal, the first of its kind in two years.
A trader on decentralized exchange Hyperliquid exited a $200 million leveraged ethereum trade with a $1.8 million profit, while the platform's liquidity pool absorbed a $4 million loss, prompting leverage adjustments to mitigate future risks. Trader Profits $1.8M as Hyperliquid's Liquidity Pool Takes $4M Hit A Hyperliquid trader using wallet “0xf3f4” deposited $4.
The CESR captures the mean annualized staking rate earned by Ethereum validators.
Deutsche Boerse's post-trade unit, Clearstream, has unveiled plans to launch cryptocurrency custody services for Bitcoin and Ethereum in Europe later this year.
