Latest crypto news: the crypto market faces renewed turbulence as Bitcoin dips below $85,000, Ethereum drops under $1,800, and XRP experiences a short-lived spike.

TL;DR This Friday, Bitcoin and Ethereum options worth a combined total of 2.58 billion dollars are set to expire, potentially causing short-term volatility in the crypto market. The put-to-call ratio for BTC (1.25) and ETH (1.41) reveals a bearish sentiment, with prices likely to approach their respective “max pain” levels.

What's behind Fidelity's crypto push—timing, tech, or something more strategic?

Opinion by: Matt Mudano, CEO of Arch Labs Ethereum is struggling, and decentralized finance (DeFi) is suffering as a result. Layer-2 (L2) solutions have fractured liquidity, making capital inefficient.

Grayscale, the leading cryptocurrency asset manager, has officially submitted an S-1 form to the U.S. Securities and Exchange Commission (SEC) to convert its Solana Trust into an exchange-traded fund (ETF). However, one key aspect is missing as this ETF will not include any Solana staking.

Ethereum, the second largest cryptocurrency by market capitalization, has seen a significant drop in fees, drawing attention on the crypto market.

PayPal Holdings, Inc. has announced the extension of its digital asset offering, introducing Chainlink (LINK) and Solana (SOL) as new crypto that can be purchased, held, sold, and transferred on the PayPal and Venmo platforms. This innovation marks another step forward in the company's commitment to providing accessible and secure digital solutions for everyone, directly responding to the requests of its users.

Solana price has stalled at a crucial make-or-break support level that could determine its next direction. After peaking near $300 in January, SOL price now sits around the key level at $120.

Grayscale Investments said on Friday it has filed an application with U.S. regulators for an exchange-traded fund aimed at a Solana blockchain, as the cryptocurrency asset manager looks to tap into the increasing momentum around bitcoin alternatives.

Cryptocurrency trader Ali Martinez believes Dogecoin (DOGE) is at a critical level that could determine its price direction over the near term. Martinez tells his 134,800 followers on the social media platform X that Dogecoin is at a “make-or-break level” of around $0.16.

For ether, things aren't looking good. The chart below very clearly shows just how painful of a spot ETH is in right now.

The price of Solana fell to a 13-month low on Thursday.

PayPal has broadened its cryptocurrency services for U.S. customers by adding Solana (SOL) and Chainlink (LINK) to its platform.

The crypto market remained firmly in the red as it continued to grapple with market uncertainty and volatility following the introduction of heavy tariffs by President Donald Trump. As a result, Bitcoin (BTC) and Ethereum (ETH) experienced considerable declines.

Grayscale, the leading cryptocurrency asset manager, has filed to launch a Solana exchange-traded fund (ETF).

Ethereum remains under pressure as the broader market sentiment struggles to shift bullish. The price continues to hover around key demand zones, with little sign of immediate strength from bulls, while derivatives and on-chain activity show signs of caution.

"I buy once the streets are filled with blood, now is a good time," Doctor Profit said.

TL;DR Upgrade Date & Preparations: Ethereum devs now target May 7, 2025, for the Pectra upgrade, with client releases by April 21 and a detailed specifications blog post on April 23.

Solana whales have started offloading their tokens to cash in on their gains from a staking play that began four years ago. In April 2021, four whale addresses staked 1.79 million Solana (SOL) tokens, then worth about $37.7 million.

TL;DR The viral Web3 game “Infected” has abandoned Ethereum's Base network due to scalability issues and high gas fees during its launch. The developers argue that the problem isn't just Base, it reflects a deeper, fundamental issue with all EVM chains, while Solana offers a smoother, user-focused experience.

Solana faces bearish pressure, dropping 8% to $115 amid market turbulence, with analysts warning of a potential decline below $100 despite ecosystem growth and Fidelity's spot Solana ETF filing. The post Crypto Analyst Sounds the Alarm on Solana Price: Could SOL Fall Below $100 Despite Fidelity ETF Filing? appeared first on Cryptonews.

It's been three weeks since Solana's validators failed to pass SIMD-0228, a governance proposal that aimed to shift Solana's issuance to a market-based mechanism and reduce inflation in the process. But while validators — who earn their keep partly from Solana inflation — voted the measure down, issuance still doesn't feel like a settled question.

Grayscale's move to launch a Solana ETF could enhance institutional access to crypto markets, potentially boosting Solana's market presence. The post Grayscale files S-1 for spot Solana ETF with SEC, staking excluded appeared first on Crypto Briefing.

Since Ethereum has formally fallen below the crucial $1,800 support level, investors are becoming more concerned about the asset's short-term future. ETH has now broken through this psychological barrier following weeks of pressure suggesting that the bearish momentum is still in control.

Ethereum has experienced a challenging month and a half, with its price nearing a 17-month low at $1,802 at the time of writing. Despite this ongoing downtrend, which nearly sent ETH into a bear market, key investors have remained optimistic.

Solana has experienced its largest single-day token unlock, with more than $200 million worth of SOL entering circulation as investor interest in the network weakens. According to blockchain analytics platform Arkham Intelligence, over 1.3 million SOL tokens were released from staking on April 4.

A closely followed crypto strategist believes that one Ethereum (ETH) competitor may have reached a local bottom amid a broad market sell-off. Pseudonymous analyst Inmortal tells his 231,100 followers on the social media platform X that Solana (SOL) may be presenting a rare buying opportunity after hitting the 24-hour low of $112.

Ethereum (ETH) investors continue to suffer as the price trades below $2,000 for 25 consecutive days. Although many altcoins have experienced massive rallies, Ethereum price has failed to move, and four charts accurately explain why this is the case.

The team behind Infected , a crypto game based on a pandemic scenario, has decided to switch blockchains after a troubled launch.

Solana's price has fallen to $116, marking a 12% decrease over the past week amid growing concerns about large investors selling their holdings. According to reports, several major cryptocurrency holders, known as “whales,” unstaked and moved approximately $46 million worth of SOL tokens to exchanges, fueling the downward trend.

SOL could record its steepest fall in a long while.

The market fall has not lasted long, according to CoinStats.

Big Solana investors and traders are offloading the asset in anticipation of a major token unlock.

Solana's price is facing intense pressure as the broader crypto market experiences a sharp downturn.

This new timeline comes after a successful test on the Hoodi testnet. It was confirmed during a key core developers' call on Thursday.

A major Solana unlock has raised eyebrows across the crypto space after $33.27 million worth of SOL was sent to centralized exchanges. On an Apr.

A large Solana (SOL) unlock flowed into four whale wallets, as the owners sent their tokens to Coinbase and Kraken. After April's unlocks, the SOL release schedule will slow down for the rest of the year, with lower selling pressure.

Fidelity Investments received SEC acknowledgement for its spot Solana ETF filing. The launch of an ETP product could possibly propel a rally in SOL.

The highly anticipated Pectra upgrade will launch on the Ethereum (ETH) mainnet on May 7, 2025, after overcoming a series of technical challenges and delays in the testnet phase.

Viral game “Infected” rage-quitted Ethereum's Base and is packing its bags for Solana. The pandemic simulation game that spread like wildfire announced it is ditching Base for Solana after its launch turned into a gas fee horror show.

Ethereum (ETH) continues to show weakness, struggling to maintain gains near the $2,000 level. Despite brief intraday upticks, the overall trend remains bearish.

On April 3rd, the USDC Treasury minted 250 million USDC on the Solana blockchain, according to blockchain tracker Whale Alert. The freshly created tokens, valued at approximately $249.9 million, were issued just hours before press time as part of Circles ongoing efforts to boost USDCs circulating supply and meet growing market demand.

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Fidelitys application for a Solana exchange-traded fund (ETF), signaling growing institutional interest in the altcoin despite current market turbulence. Fidelity, one of the worlds largest asset managers with approximately $4.9 trillion in assets under management, entered the Solana ETF race in late March.

Ethereum price has fallen to $1,777 with increased whale accumulation suggesting potential rally in Q2 2025 despite current bearish indicators.

Solana's price tests critical support while network fundamentals strengthen with institutional adoption and DeFi growth, suggesting potential recovery.

Ethereum (ETH/USD) price held a crucial support range between $1,755 and $1,800 as the United States hammered global markets with trade wars on Thursday. The large-cap altcoin, with a fully diluted valuation of about $217 billion and a 24-hour average trading volume of around $15.

Several whales unstaked and dumped SOL worth $46.3 million into the market.

This week, we examine Ethereum, Ripple, Cardano, Solana, and Shiba Inu in greater detail. Ethereum (ETH) Ethereum and most of the market closed March in red and April opened with a tariff war which crashed prices this week.