Whales have been scooping up Dogecoin (DOGE) after the cryptocurrency's recent price slump, leading many to speculate whether a 300% surge is on the horizon. According to market analyst Ali Martinez, a significant number of whales took advantage of a dip, purchasing 750 million DOGE tokens as the price dropped below key psychological levels.
Crypto markets are grinding lower on Friday, with Bitcoin reversing gains on renewed tariff fears after briefly having touched $100,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,769.28 -0.8% Ethereum (CRYPTO: ETH) $2,650.07 -1.7% Solana (CRYPTO: SOL) $195.91 -2.4% XRP (CRYPTO: XRP) $2.43 -5.5% Dogecoin (CRYPTO: DOGE) $0.2502 -2.4% Shiba Inu (CRYPTO: SHIB) $0.0000153 -2.5% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 12.2% and daily active addresses falling by 0.3%.
As the current bull market cycle continues, Ethereum‘s performance has been considered weak compared to other major altcoins like Dogecoin and XRP. With ETH unable to curb a major rally, many investors and traders are starting to demonstrate extreme caution toward the digital asset.
Popular meme-based cryptocurrency Dogecoin (DOGE) has just seen a dramatic downturn that makes investors wonder about its future course. Driven by market volatility of Bitcoin (BTC), DOGE's value dropped by around 20% over the past week.
United States regulators approved the trading of options on Bitcoin ETFs in 2024.
Trump's recent involvement in crypto has sparked interest across the digital market after acquiring significant Ethereum tokens. The acquisition highlights a strategic investment in Ethereum when the market shows potential growth. However, Trump's crypto endorsement is not only fueling Ethereum's momentum.
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to allow options trading on BlackRock's iShares Ethereum Trust. The agency announced that it will determine by April 9, 2025, whether to approve or deny the proposal.
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the approval of options for BlackRock's iShares Ethereum Trust ETF (ETHA).
Cryptocurrencies on Feb.7, 2025, traded largely mixed. While several altcoins, including Flare (FLR) and Ripple (XRP), gained, recent outperformers such as Pudgy Penguins (PENGU), Bittensor (TAO) and Hyperliquid (HYPE) struggled with downside pressure. Bitcoin's retest of the $100k level was brief as the price retreated to below $98k.
The Ethereum (ETH) price continues to stagnate close to $2,700 remaining locked well within its price range of the last three days, with traders continuing to bemoan the crypto's lackluster price action this bull cycle. The post Ethereum Price Stagnation Conditions, When Is a Pump Coming? appeared first on Cryptonews.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) continue to trade sideways, but traders maintain that more upside is still to come for the underperforming meme coins. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2538 $37.6 billion +2.9% -22.2% Shiba Inu (CRYPTO: SHIB) $0.0000154 $9.07 billion +2.6% -18% Pepe (CRYPTO: PEPE) $0.059434 $3.9 billion +1.2% -31.8% Trader Notes: Trader Tardigrade highlighted that Dogecoin's past rebounds followed over 50% corrections, with the latest dip at -58.25% mirroring previous breakout patterns.
The SEC delayed a decision on Friday on whether to approve BlackRock's proposal to list and trade options on its spot Ethereum ETF.
Analyst and trader Michaël van de Poppe is flipping bullish on one layer-1 protocol following a massive correction. Van de Poppe tells his 772,700 followers on the social media platform X that NEAR, the native cryptocurrency of Near Protocol, could surge to $20 within months, a 500% increase from its current value.
What's next for ETH price as average transaction fees drop to record lows?
Amidst the current positive mood in the market, a noteworthy event has sparked discussion and expectation: the potential for an exchange-traded fund (ETF) backed by Ripple's XRP to enter the fray.
The cryptocurrency market has seen increased volatility, with existing giants like ETH and ADA hitting monthly lows that have got investors wondering if they are still reliable investments.
Ethereum, the second-biggest crypto, has faced major headwinds recently. ETH price has dropped by 33% from the YTD high, and it continues to underperform Bitcoin.
XRP, the native cryptocurrency of Ripple, is currently facing significant downward pressure, continuing its bearish trend that has characterized the market over the past week. Despite XRP's strong performance in the past, recent market conditions have raised concerns about its immediate future.
In a sharp turn of events, a crypto whale has sold 8,500 ETH, raising speculations about the asset's direction. In recent weeks, sideways traders dominated crypto assets within the ETH price outlook, slipping below resistance levels.
As the crypto market is regaining momentum following the recent turmoil, leading altcoins such as Ethereum are exhibiting significant signs of growth and renewed potential. Driven by historical data, analysts and experts remain optimistic that 2025 Q1 will be bullish for the Ethereum price.
Fartcoin (CRYPTO: FARTCOIN) is bouncing back from a severe downturn but remains over 50% down over the past seven days. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.4765 $476.3 million -0.08% -54.1% Ai16z (CRYPTO: AI16Z) $0.342 $372.2 million +18.7% -49.8% Brett (Based) (CRYPTO: BRETT) $0.04569 $452.8 million +3.2% -48.3% Trader Notes: Cold Blooded Shiller pointed out that Fartcoin has reached a critical level in its target zone, meaning it could either see a major bounce or face full-blown capitulation.
The SEC acknowledged an application for a spot Solana ETF on Thursday, signaling that the agency's framework for crypto products may shift.
XRP has shown resilience amid the market's volatility and uncertainty, standing strong as it rebounds from recent lows. The price is now over 33% up from Monday's low, signaling renewed momentum and a potential push toward higher levels.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
TL;DR Polkadot experienced a 200% increase in monthly transactions in the fourth quarter of 2024, driven by the use of rollups like Neuroweb and Frequency. The network launched bridges like Snowbridge and Hyperbridge, enhancing interoperability and the security of cross-chain transfers between DOT and other networks like Ethereum.
Ever since the institutions have gauged the success of the spot Bitcoin & Ethereum ETF, they have intensified their search for other potential ETFs. While Solana has strengthened its base with zero network outrage in the past 12 months, XRP has proved to be a sleeping giant after the remarkable bull run.
Regulatory hurdles and legal challenges may slow Solana ETF progress, but institutional interest could pressure a shift in SEC policies. The post Polymarket forecasts slim 35% chance of Solana ETF approval before July 31 appeared first on Crypto Briefing.
Crypto market analysts anticipate a significant increase in the price of XRP, the native cryptocurrency of Ripple, due to several ETF (exchange-traded funds) applications currently under review. These initiatives could transform the investment landscape in XRP and attract a substantial influx of institutional capital that could propel XRP up to 1500%!
Ethereum at crossroads! While an analyst eyes a big rally, ETH is facing strong downward pressure.
Ethereum (ETH) rival Solana (SOL) could skyrocket to $520 by the end of 2025, according to analysts at the asset management firm VanEck. With SOL trading at $191.43 at time of writing, that would represent an increase of more than 171%.
XRP continues to consolidate above the crucial $2 support level, even as Bitcoin (BTC) struggles to find direction.
The recent turbulence in the market have significantly affected meme coins, causing their total market cap to fall below $70 billion. While some altcoins and meme coins have shown a lot of price fluctuations, Shiba Inu & Dogecoin, in particular, are having a hard time stabilizing their prices.
Asset manager Vaneck projects solana (SOL) will reach $520 by the end of 2025, driven by its growing dominance in the smart contract platform market, despite the cryptocurrency's recent 15.8% seven-day decline. Vaneck Analysts—Solana Price Could Soar Over 160% by 2025 as M2 Growth Fuels Crypto Rally Solana (SOL) traded at $198.
Meme coins took a hit this week as bearish market conditions dragged even Bitcoin down to $95,700. With altcoins extending their downtrend, investor losses continued to mount.
Ethereum's price action in the past seven days has led to the creation of a capitulation candle that might send it on another surge within the next eight to twelve weeks. This capitulation candle caught the attention of crypto analyst Ted Pillows, who noted an interesting repeating capitulation pattern for Ethereum.
Ethereum กำลังได้รับความสนใจอย่างมากจากนักลงทุนสถาบันโดยเฉพาะอย่างยิ่ง BlackRock ซึ่งเป็นการลงทุนที่ส่งผลกระทบต่อตลาด Altcoins อย่างมีนัยสำคัญ วาฬแห่ซื้อ Ethereum สัญญาณแห่งความเชื่อมั่นจากสถาบัน Crypto Daily รายงานว่า BlackRock, Inc.
XRP declined 7% since Monday, during a big week for crypto. President Donald Trump's crypto czar David Sacks held a press conference and called it “a golden age in digital assets.
Both Solana and XRP have growing ETF applications, regulatory challenges and a fight for institutional acceptance. Who has the edge?
Bitcoin and Ethereum ETF issuer VanEck is bullish on Solana due in part to growing popularity, which has come amid increased stability.
The potential approval of an XRP ETF is looking more likely, which is bullish for the XRP price. Although XR hasn't reacted positively to the recent ETF news, this fund could contribute to the projected rallies for the crypto.
The CFTC's pilot program could set a precedent for regulatory frameworks, potentially boosting innovation and clarity in digital asset markets. The post CFTC to host CEO Forum on stablecoins and collateral with key industry players, including Ripple, Coinbase appeared first on Crypto Briefing.
The SEC officially acknowledges Grayscale's Solana ETF proposal, opening it for public feedback. This marks the first time a Solana ETF filing has been recognized, signaling a possible shift in regulatory stance. With analysts assessing its impact, the ETF's approval process could shape the future of Solana investments. The post SEC Acknowledges Amendment for Grayscale Spot Solana ETF Application appeared first on Cryptonews.
Cryptocurrencies moved higher today after a somewhat perplexing jobs report this morning that ultimately led to a slight increase in Treasury yields. Bitcoin, the world's largest cryptocurrency, hovered around $98,400.
Cryptocurrencies displayed bearishness today as Bitcoin hovered around the $97,000 region. With most tokens trading in the red, Flare's impressive performance over the past day attracted the attention of crypto enthusiasts. FLR jumped from its 24-hour low of $0.01916 to a $0.02299 peak – a 19.99% gain.
Ethereum (ETH) has been a pillar of the crypto market, consistently proving its value as the leading smart contract platform.
Bitcoin and XRP surged, but then dropped on news that the U.S. job market's growth cooled in the month of January.
The cryptocurrency market has been plunged into a decline this week, with global crypto market capitalization dropping by 11% in the past seven days.