The rebound in risk assets propelled BTC above its 200-day moving average, a key benchmark for the long-term trend.
With RSI deep in oversold territory and MACD showing strong bearish momentum, ETH is at a critical turning point.
Solana's Lily Liu had previously opposed SIMD-228 and argued that fixed-rate yields offer stability, which is crucial for institutional investors and SOL's long-term growth.
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Solana's price has come under pressure over the past two months amid growing concerns about its ecosystem. Solana (SOL) has dropped from its year-to-date high of $295.
Bitcoin (BTC) has risen back above the 200-day simple moving average ($83,754), indicating that the bulls are attempting a comeback. The failure of the bears to capitalize on the drop below the 200-day SMA shows that selling dries up at lower levels.However, Bitcoin may not be out of the woods yet.
Here's what to expect from Pectra upgrade and what comes next as Ethereum eyes massive scaling.
Cardano (ADA), the eighth-largest cryptocurrency by market capitalization, is on the verge of a potential moving average crossover on its four-hour chart. The four-hour simple moving average 50 (SMA 50) and the simple moving average 200 (SMA 200) have converged and are ready to make a crossover in the coming hours.
As reports emerge that the SEC may soon settle its long-running dispute with Ripple Labs, the cryptocurrency world is filled with anticipation.
As the race for crypto ETFs intensifies, ETF Store President Nate Geraci expects BlackRock to file for Solana and XRP ETFs. With regulatory factors at play, industry experts speculate on how these filings could impact investor sentiment and market adoption of digital asset investment products. The post BlackRock Expected to File for Solana and XRP ETFs, Says ETF Store President appeared first on Cryptonews.
Charles Hoskinson, the founder of Cardano, believes Cardano could serve as the backbone of a $30 trillion cryptocurrency future.
Investors are taking a risk-off stance as they apply more caution in their ETH positions due to macroeconomic concerns.
Ethereum's vision appears to be so messy that it leaves EVM changes in limbo, says a former Ethereum Foundation engineer.
XRP and Ethereum (ETH) are taking new shape amid the broader volatility on the market, which has pushed most assets into consolidation. At the time of writing, the price of XRP was trading for $2.304, up by 0.64% in 24 hours, per CoinMarketcap Data.
Solana has barely moved in the past 24 hours, but the arrival of Solana futures suggests that a big rally may not be that far away. The post Is a Solana ETF Coming Soon? CME Futures Signal Big Move for SOL appeared first on Cryptonews.
Most of the coins are trying to come back to the green zone, according to CoinStats.
Analysts are suggesting that Solana's value could soar, possibly multiplying many times over its current price. What is driving these optimistic predictions, and could Solana reach unprecedented levels?
Ripple is moving 200 million XRP of March's reserved amount from this month's unlock, usually used to sell in exchanges. At current prices, this batch is worth over $465 million and could pressure the XRP price downwards, favoring the bears.
Ethereum Foundation developers are planning to launch the Hoodi testnet before the Pectra upgrade mainnet launch. Pectra upgrade mainnet launch was delayed after facing configuration issues on Holesky and Sepolia testnets.
BlackRock may soon expand its crypto ETF offerings to include Solana and XRP, according to Nate Geraci, president of The ETF Store.
Solana is under threat right now, with the number of sellers climbing too.
Solana's SIMD-0228 proposal, aiming to reduce inflation via a dynamic emission schedule, was rejected in a historic vote, with smaller validators swaying the outcome against the proposal. The post Solana Community Rejects SIMD-0228 in Historic Vote as Small Validators Sway Outcome appeared first on Cryptonews.
XRP is signaling bullish moves. The coin is witnessing a price rally that could see it close the month of March on a positive note.
BlackRock, the world's largest asset manager, is expected to enter the Solana and XRP exchange-traded fund (ETF) market, according to Nate Geraci, president of The ETF Store.
TL;DR The world's largest asset manager, BlackRock, is closely monitoring the outcome of the SEC lawsuit against Ripple before launching an exchange-traded fund based on XRP. With $1.5 trillion in assets under management, Franklin Templeton has already submitted its application for an XRP ETF, intensifying competition in the sector.
Solana's governance process reached a historic milestone as two key proposals, SIMD-228 and SIMD-123, drew unprecedented participation. These proposals aimed to address validator revenue distribution and network inflation, sparking intense debate within the Solana community.
ETH Spot ETFs have seen more than $500 million in outflows over the past three weeks.
The price of Ether has been declining since it fell below the psychological price threshold of $2,000. Currently, ETH price stands at $1,871.
Ethereum's biggest upgrade since The Merge is entering a new phase of testing. If Hooli is successful, Pectra could hit mainnet as early as April 25.
21Shares just announced it will be liquidating two of its exchange-traded funds after a routine review. 21Shares has announced plans to liquidate two of its exchange-traded funds that invest Bitcoin (BTC) and Ethereum (ETH) futures.
Solana SIMD-0228, the proposal seeking to reduce the inflation rate on the network, has failed despite massive support from several stakeholders in the community. Following several days of voting, the proposal got 61.39% of votes, less than the 66.67% required to pass the proposal.
XRP's on-chain activity and price action are showing a sustained recovery, which could be the key signal on the way to new heights for XRP. The transaction count on the network just exceeded the two million mark and the overall network metrics look healthy, suggesting a potential price retrace.
Russia has started using crypto for oil trades with China and India as it seeks to bypass Western sanctions, Reuters reported on March 14, citing sources familiar with the matter. According to the report, some Russian oil companies have settled trades in Bitcoin, Ethereum, and stablecoins like Tether's USDT.
XRP surges as Ripple secures Dubai regulatory approval, boosting adoption and institutional confidence. Read more here
Ethereum in free fall against Bitcoin: mere turbulence or alarm signal? As the ETH/BTC ratio hits its lowest level in 5 years, some traders are fleeing to more profitable altcoins.
With Bitcoin on the verge of a breakout (or rejection), the altcoins are starting to stir. The altcoin market cap could already have bottomed.
Ethereum is launching the Hoodi testnet, with Pectra set to go live on the mainnet more than 30 days after Hoodi successfully forks. Ethereum's Pectra deployment is looming, currently slated for the mainnet deployment for late April.
Amid Ripple settlement negotiations, the SEC is reportedly weighing whether XRP's market behavior justifies classifying it as a commodity.
TL;DR Proposal Rejected: Solana voters turned down the SIMD-228 proposal, opting to keep the fixed inflation model for SOL tokens. Dynamic Model Idea: The proposal aimed to adjust inflation based on staking rates, potentially making the inflation rate inversely related to staking participation.
The crypto market remains on edge this week, as the tariff tantrum in the United States continues. Bitcoin (BTC) price is below $85,000, while Ethereum (ETH) and Ripple (XRP) are stuck in a bear market.
TL;DR The SEC is reconsidering XRP's classification, assessing whether it should be treated as a commodity rather than a financial security. The lawsuit against Ripple Labs is in its final stages, with the company arguing that the evolving regulatory stance should influence penalty reductions.
Solana's network activity has sharply declined in recent weeks. This has resulted in a significant drop in its total value locked (TVL), which has now fallen to its lowest level since the beginning of the year.
Under the new Donald Trump administration, crypto-friendly policies have fueled a surge in ETF filings beyond Bitcoin (BTC) and Ether (ETH). Earlier this week, Franklin Templeton became the largest asset manager to seek approval from the U.S. Securities and Exchange Commission for an exchange-traded fund (ETF) based on the price of XRP, the fourth-largest crypto by market cap.
According to Ali, a crypto analyst, Solana, the sixth largest cryptocurrency by market capitalization, might be shaping up into a textbook cup-and-handle pattern, a bullish technical formation that resembles the shape of a teacup, with the "cup" forming a rounded bottom and the "handle" creating a slight downward drift before an upward breakout.
XRP price forms a symmetrical triangle pattern breakout on a multi-year chart highlighting chances of another 500% rally from here onwards.
On Thursday, March 13, the Securities and Exchange Commission (SEC) website published a document titled ‘Comprehensive Proposal: XRP as a Strategic Financial Asset for the U.S.,' immediately sparking interest and speculation.
TL;DR New Testnet Launch: Ethereum devs have introduced the Hoodi testnet (March 17) to address bugs from earlier tests and finalize the Pectra upgrade. Upgrade Features: The Pectra upgrade combines over 10 EIPs from Prague and Electra proposals, enhancing wallet functionality and doubling data blob capacity.
What's next for Solana after community rejected its 80% inflation cut proposal?