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Starknet plans to expand Bitcoin use cases by bridging Bitcoin and Ethereum. StarkWare recently established a Bitcoin strategic reserve.

Ethereum's native token, Ether (ETH), dropped below $2,000 on March 10, and the altcoin has struggled to regain a position above the psychological level. While Bitcoin (BTC) and XRP (XRP) exhibited minor recoveries over the past 24 hours, Ether prices failed to display bullish momentum in the charts.

Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.

Hemi Labs has signed up dozens of protocols, including decentralized exchange (DEX) Sushi, liquid staking token pumpBTC and oracles RedStone and Pyth.

Ethereum price is in its third consecutive week in the red as investors remain on the sidelines. Ethereum (ETH) traded at $1,758 this week, its lowest level since October 2023.

Ryan turned down an opportunity to help led the Ethereum Foundation and instead joined Etherealize, an organization focused on bringing Ethereum to Wall Street.

With key support levels being tested and bearish momentum building, investors are wondering if ETH can survive.

Mike McGlone, the senior commodity strategist at Bloomberg Intelligence, has taken to his social media account to share his take on the prospects the markets are likely to face later this year as the leading cryptocurrencies, Bitcoin and Ethereum, remain in a heavy decline.

The unpredictability of the crypto market hit the famous decentralized perpetual exchange Hyperliquid, as a single Ethereum whale created a $4 million loss for the platform. The news itself is shocking, as the community speculated an insider.

“Under favorable conditions, ETH may reach $6,000–7,000 this year,” an analyst told Decrypt.

Controversy surrounded an Ethereum transaction, worth 30,098 ETH, when deposited into a lending platform called Sky, because many speculated that the Ethereum Foundation (EF) was secretly lending money to pay their bills. However, key members of the Ethereum team quickly dismissed the claims because an early Ethereum investor owned the wallet.

TL;DR Cboe BZX has requested SEC approval to allow staking in Fidelity's Ethereum ETF, offering additional yields to investors. The SEC is evaluating the proposal in a new context of increased openness toward cryptocurrency-based financial products. If approved, it could drive competition among ETFs and impact ETH liquidity in the market.

What's next for ETH amid Bybit hack FUD and weak market sentiment?

A large cryptocurrency trader, known as a whale, lost more than $308 million on a leveraged Ether position, underscoring the risks of leveraged trading during volatile market conditions.An unknown crypto trader was liquidated on their 50x leveraged long position for over 160,234 Ether (ETH), worth more than $308 million at the time of writing, Hypurrscan data shows. Leveraged positions use borrowed money to increase the size of an investment, which can boost the size of both gains and losses, making leveraged trading riskier compared to regular investment positions.

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An Ethereum whale has opened a $270M ETH long position with 50x leverage at $1,896.63.

Hyperliquid absorbed over $4M in losses after an aggressive trader closed a 160,000 ETH long position.

Starknet, an Ethereum ETH-based Layer-2 network, is working toward a system where Bitcoin BTC and Ethereum operate more seamlessly together.

The crypto whale, whose transactions were spotted by market tracker Lookonchain, has been longing Bitcoin and Ethereum since the start of March and is now sitting on over $2 million in unrealized profits after their latest transactions.

After the recent ETH liquidation event, which caused $4 million loss to Hyperliquid's Hyperliquidity Provider vault, the platform said it will increase the maximum leverage allowed for Bitcoin and Ethereum trading to prevent similar incidents in the future.

The crypto market recovered over the past 24 hours as prices rose after experiencing significant declines over the past few sessions. Bitcoin (BTC) dipped to a low of $76,982 on Tuesday before rebounding to reclaim $80,000 and reach $83,737 before losing momentum and declining to its current level.

The whale liquidation saw wallet ‘0xf3f4' opening a highly leveraged 50x ETH long position, depositing $4.3 million in USDC as margin for a total size of 113,000 ETH.

On-chain data revealed that Ethereum had fallen to its lowest valuation relative to Bitcoin in May 2020. The current trading rate is 0.023278, registering an 8.7% decline over the past 48 hours.

Starknet has unveiled a bold plan to bridge Bitcoin and Ethereum. Here's How.