ETH slips below $2k, traders spooked by liquidation rumors
ETH has fallen more than 8% as traders grow weary of rumors on social media saying the Ethereum Foundation will liquidate when the price falls to $1,100.
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ETH has fallen more than 8% as traders grow weary of rumors on social media saying the Ethereum Foundation will liquidate when the price falls to $1,100.
Clearstream plans to offer Bitcoin and Ether custody and settlement services to its 2,500 institutional clients starting April.
In times when the Bitcoin price is facing massive bearish heat, Ethereum is experiencing an extended bearish action. The price is dumping hard compared to that of the star token, which raises huge concerns over the upcoming price action.
Deutsche Boerse's trading unit, Clearstream, is preparing to launch cryptocurrency custody and settlement services for institutional clients in 2025, amid increasing demand for regulated digital asset infrastructure. The German exchange group plans to offer Bitcoin (BTC) and Ether (ETH) custody to its more than 2,500 institutional clients, with services expected to begin in April 2025, according to a Bloomberg report on March 11.
Ethereum faces bearish pressure with $2,000 support crucial. A breakout above $2,250 may drive recovery toward $2,700–$3,000 amid volatility.
The collapse of the price of Ethereum is also dragging down the decentralized finance sector.
An Ethereum developer rejected speculation that the Ethereum Foundation (EF) was behind a recent deposit of more than 30,000 Ether into the decentralized finance (DeFi) protocol Sky, formerly known as MakerDAO.On March 10, a wallet address deposited 30,098 Ether (ETH), worth about $56 million, into Sky. Crypto intelligence platform Arkham labeled the address “Ethereum Foundation?
The world of cryptocurrencies is used to spectacular fluctuations, but certain fund movements raise more questions than others. In the span of a week, $1.8 billion of ETH left exchanges.
Crypto markets are being obliterated today as a massive sell-off wipes out billions of dollars, and Ethereum is taking the brunt of those losses.
Ordinals co-founder Casey Rodamor has downplayed Ethereum's chances in the long run. This follows growing competition from other networks and a rising Bitcoin dominance.
The Ethereum Foundation is now facing a major financial risk after locking a huge amount of ETH into a MakerDAO vault. This decision has put the foundation in debt by about 78 million DAI, a stablecoin tied to the U.S. dollar.
On Monday, with over two-thirds of validators participating, Holesky gained finality at Epoch 119090, which took place at around 3 p.m. ET.
The cryptocurrency market, led by Bitcoin (BTC) and Ethereum (ETH), has shed more than $1.3 trillion in valuation since U.S. President took the oath of office for his second term. The crypto market has experienced heightened selling pressure during the past eight weeks amid the mixed fundamentals, especially from the political environment.
Ethereum could see a drastic price drop to as low as $200–$400 if the crypto market has entered a new bear cycle, according to Quit, vice president of blockchain at Yuga Labs. In a Mar.
Large movement of coins to exchanges often breeds price volatility.
EOS saw a significant drop, plunging 11.09% to $0.4347 by 20:52 (00:52 GMT) on Tuesday, marking its steepest one-day loss since March 3. The decline pushed EOSs market cap down to $693.15 million, making up just 0.03% of the total cryptocurrency market.
Crypto Market Today (March 11): Bitcoin (BTC) price swooped to a multi-month low again, losing $80K as of early Asian hours on Tuesday. Ethereum (ETH), Solana (SOL), and XRP prices also lost 5%-10% intraday.
Ethereum price failed to clear the $2,120 resistance and trimmed gains. ETH is now consolidating and facing hurdles near the $2,000 resistance.
Ethereum saw a sharp decline on Monday, dropping 10.2% to $1,832.33 by 15:01 (19:01 GMT) on the Investing.com Index, marking its steepest one-day loss since March 3. This downturn slashed Ethereums market cap to $223.14 billion, accounting for 11.71% of the total cryptocurrency market.
Bitcoin fell below $77,000 at one stage tonight, while the U.S. stock market experienced its worst day of the year.
Stocks and crypto fell ahead of inflation data and Fed signals despite Trump moving to ease crypto banking restrictions.
Whales accumulate ETH in tandem, hinting at a potential rebound or deeper correction.
Coinbase plans to launch 24/7 Bitcoin and Ethereum futures trading via its CFTC-regulated derivatives exchange, aiming to align U.S. markets with global crypto trading norms and enhance risk management for traders. The post Coinbase to Launch 24/7 Bitcoin and Ethereum Futures via CFTC-Regulated Exchange appeared first on Cryptonews.
World Liberty Financial consolidated its holdings, but also suffered losses on paper based on its Ethereum (ETH) holdings.
