Bybit CEO Ben Zhou shares his thoughts on the massive Hyperliquid ETH whale liquidation which led to the platform losing $4 million. He highlights issues that come with leverage on CEXs and DEXs.
Ether (ETH) fell 13% between March 8 and March 11 as investors moved to short-term fixed-income and cash positions, seeking safety amid a global tariff war and rising fears of an economic downturn. ETH price needs 29% gains to reclaim $2.5K Market concerns escalated after the United States responded to Canada's electricity surcharge with retaliatory measures.
Despite the weakened sentiment, Bitcoin's MVRV ratio hints at a potential recovery after significant investor position reductions.
Bitcoin surged past $84,000 on Wednesday after new inflation data showed consumer prices rose less than expected in February, easing fears of aggressive Federal Reserve rate hikes.
Bitcoin hovers at $83.5K as Rumble invests $17M in BTC, Texas proposes a $250M crypto fund, and ETF outflows weigh on prices. Will BTC break $85K soon? The post Bitcoin Hits $83.5K as Texas Eyes $250M BTC Fund—What's Next for Crypto? appeared first on Cryptonews.
Bitcoin is beginning to show signs of a potential reversal after experiencing a prolonged bearish trend. Although the cryptocurrency remains below $85,000, it has recorded a 2.6% increase, with its price currently at $83,510.
Altcoins can offer greater short-term trading opportunities, albeit at a higher risk.
A cryptocurrency trader lost over $308 million after their 50x leveraged Ether position was liquidated, showing the dangers of high-risk trading in volatile markets.
North Korea's Lazarus Group continues its crypto laundering operations, moving illicit funds while deploying new malware to target developers and steal digital assets. On Mar.
Tokyo-based investment firm Metaplanet has doubled down on its aggressive Bitcoin accumulation strategy amid the crypto market bearishness, emulating the moves of Michael Saylor's Strategy.
On March 12, Bitcoin spot ETFs experienced a net inflow of $13.33 million, marking a significant rebound after seven consecutive days of outflows. The post Bitcoin Spot ETFs See $13.3 Million Inflow, Ending Seven-Day Outflow Streak appeared first on Cryptonews.
While Ethereum's current market conditions resemble past extreme lows, ETH is still the “most likely” place for institutional adoption, says Alliance DAO's Qiao Wang.
Bitcoin's price has been struggling to maintain upward momentum, remaining below $85,000 and facing continued selling pressure. While the broader market still exhibits macro bullish patterns, the short-term outlook for Bitcoin remains bearish.
A widely followed crypto analyst says that one metric suggests Bitcoin (BTC) is gearing up for a massive breakout.
Despite Bitcoin's market correction, the asset remains strong while many altcoins have sunk back to bear market depths.
XRP, Dogecoin, Bitcoin News: XRP Short Bias Lingers Amid Ripple Legal Hopes, DOGE Nears Death Cross as BTC Dominance Hits 4-Year high
The crypto market today has gotten some relief, as the U.S. CPI data went down from 0.3% in January to 0.2% in February. Considering numbers on a yearly basis, inflation has dropped from 3.0% to 2.8%, which is against the prediction of 2.9%.
Bitcoin (BTC) recorded slight gains as the Consumer Price Index (CPI) inflation rate for February came in lower than expected. The softer inflation reading fuelled hopes of interest rate cuts by the US Federal Reserve (Fed), potentially benefiting risk-on assets.
Bitcoin must close the week above $89,000 to signal an end to the short-term downtrend, says a crypto analyst.“The only way for Bitcoin to confirm that the bottom is actually in would be to close a weekly back above $89K,” crypto analyst Matthew Hyland said in a video posted to X on March 13.
Ethereum's native token, Ether (ETH), has dropped to its multi-year lows against Bitcoin (BTC), prompting analysts to predict further declines in the coming weeks.Falling knife warning furthers sell-off risks On March 13, ETH/BTC—a pair that tracks Ether's strength against Bitcoin—dropped by over 1.50% to reach $0.022, its lowest level since May 2020. ETH's descent is part of its multi-year downtrend that started when it established a record high of $0.156 in June 2017.
Bitcoin remains under pressure as bearish momentum intensifies, with the cryptocurrency struggling to hold the critical $75,000 support level. Increased volatility has raised concerns about a potential breakdown, making recovery efforts more challenging.
Economist and market commentator Peter Schiff warned on Wednesday that Americans would bear the brunt of the impact should the Bitcoin (CRYPTO: BTC) “bubble” burst. What Happened: During his podcast, Schiff disputed the notion that the U.S. establishing a Strategic Bitcoin Reserve would spark a global race to acquire BTC.
Bitcoin has seen a sharp decline over the past few days, dropping below $80,000 again very briefly in the past 24 hours.
Will staking yield boost demand for Ethereum ETF if approved by the SEC?
North Korean-affiliated hacking collective the Lazarus Group has been moving crypto assets using mixers following a string of high-profile hacks. On March 13, blockchain security firm CertiK alerted its X followers that it had detected a deposit of 400 ETH (ETH) worth around $750,000 to the Tornado Cash mixing service.
Bitcoin (BTC) price led the wider crypto market in a mild rebound in the past 24 hours, following the U.S. CPI report that dropped to 2.8 percent below expectations of 2.9 percent.
The SEC has postponed its decision on Cboe BZX's request to list options on Fidelity's Ether ETF, extending the deadline to May 14.
According to Glassnode, Bitcoin (BTC) is experiencing a prolonged distribution phase. Furthermore, both market momentum and capital flows have shifted into negative territory, suggesting a decrease in demand.
Ethereum (ETH) price has suffered significant bearish sentiment in the past four months amid heightened midterm market uncertainty triggered by the U.S. tariff wars. The large-cap altcoin, with a fully diluted valuation of about $224 billion and a 24-hour average trading volume of $25 billion, has dropped more than 54 percent since December 2024.
The crypto markets seem to have digested the bearish pressure as some of the tokens demonstrate strength. The Ethereum price remains accumulated within a narrow range, hinting at the possibility of an excess price compression.
Bitcoin has continued its downward trajectory when observed over weekly and monthly timeframes, recording an 8.4% decline in the past week and a 16.2% drop over the past month. However, in the shorter time frame, signs of potential reversal are emerging.
The crypto market today (March 13) has continued to keep investors hopeful, preventing a downtrend amid macro relief. With cooler U.S. CPI data released recently, risk assets have witnessed a positive market sentiment.
Video-sharing platform Rumble has invested $17m in Bitcoin, positioning the move as a hedge against inflation and currency dilution. The post Rumble's Bitcoin Bet Grows with $17M Purchase appeared first on Cryptonews.
Robert Kiyosaki, author of Rich Dad Poor Dad, claims the “biggest crash in history” is upon us, suggesting the current market crash will be worse than the 1929 market collapse, ending what he calls the “everything bubble”, and ushering in a new era of financial hardship.
On-chain data shows that Bitcoin short-term holders have been selling at a notable loss recently, something that has led to bottoms in the past. Bitcoin Short-Term Holders See SOPR Plunge Under 1.
Ethereum price remained rooted below the $2,000 mark on Thursday as uncertainty around the Pectra network upgrade overshadowed gains from positive US CPI Inflation data. With bull traders clustering long positions, ETH looks set to stabilize above the $2,000 level.
JPMorgan Chase CEO Jamie Dimon is well-known in cryptocurrency circles for his fierce criticism of Bitcoin (CRYPTO: BTC), even going so far as to dub the leading coin a "fraud." What Happened: From announcing that he would “fire in a second” any JPMorgan trader seen trading in Bitcoin to questioning the asset's supply limit of 21 million, Dimon's views don't seem to have evolved.
The latest U.S. inflation data came in lower than expected, but Bitcoin struggled to maintain gains as trade war concerns weighed on sentiment. According to the economic latest data released on Mar. 12, February's Consumer Price Index rose 2.
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.
Japanese investment firm Metaplanet has added more Bitcoin to its portfolio, bringing its total holdings past 3,000 BTC. The company recently acquired 162 BTC at an average price of ¥12.39 million ($83,635) per Bitcoin.
Bitcoin price started a recovery wave above the $80,000 zone. BTC is now rising and might aim for a move above the $84,000 and $85,000 levels.
The market is grossly underestimating the U.S. Strategic Bitcoin Reserve's impact, an expert says, as it pressures institutions, nations, and wealth managers to adapt—or be left behind.
Jurrien Timmer, director of global macro at Fidelity Investments, believes Bitcoins key support level to watch is $70,000. He suggests that the recent correction may be a setup for the next rally, with Bitcoin now returning to a more grounded valuation.
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.
Mt. Gox has once again made headlines with a massive Bitcoin transfer. On March 12, blockchain tracking platform Lookonchain reported that the defunct exchange moved 11,834 BTC, worth approximately $931.19 million.
The U.S. is pushing to establish a Strategic Bitcoin Reserve, with the BITCOIN Act of 2025 in the House and a Senate companion bill, aiming to acquire 1 million bitcoin in five years without taxpayer burden.
Bitcoin ETFs experienced net withdrawals on most trading days this month. March opened with continuous outflows, extending a downturn that began in late February.