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news-imageApril 7, 2025

Peter Schiff Warns Against Taking Investment Advice From Trumps As ETH Crashes 45% Since Eric Trump's Push

As Ethereum (CRYPTO: ETH) continues its downward slide since Eric Trump recommended buying the second-largest cryptocurrency, renowned economist Peter Schiff cautioned against taking investment advice from the Trump family on Sunday. What Happened: Schiff was reminded by an X user of the famous “It's a great time to add ETH” remark by Eric Trump, the Executive Vice President of The Trump Organization and President Donald Trump's second son.
Publisher: Benzinga
Sentiment: Negative
ETH

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Neutral
cover-imageCointelegraph
April 7, 2025

ZKasino scammer loses $27M as Ethereum price drops

A wallet linked to the $40 million ZKasino scam lost more than $27 million after a leveraged position was liquidated, marking what some in the crypto community are calling a dose of karmic justice.ZKasino launched in April 2024, luring investor capital by promising an airdrop of its native token to users who bridged Ether (ETH) to the platform. However, instead of returning the funds, ZKasino transferred around $33 million in user ETH to the staking protocol Lido Finance.

Negative
cover-imageBenzinga
April 7, 2025

Bitcoin, Ethereum, XRP, Dogecoin Obliterate $1.42 Billion In Liquidations, Plummet Up To 16%

The cryptocurrency market experienced a staggering $1.42 billion in liquidations over the past 24 hours, driven by a sharp decline in major digital assets following President Donald Trump's tariff policies and a broader market sell-off. What Happened: Bitcoin (CRYPTO: BTC) fell 7.5%, currently trading at around $76,650, while Ethereum (CRYPTO: ETH) dropped 17%, XRP (CRYPTO: XRP) 15%, and Solana (CRYPTO: SOL) and Dogecoin (CRYPTO: DOGE) both shed 16%.

Neutral
cover-imageCointelegraph
April 7, 2025

Whale makes $14M Ether emergency deposit to avoid $340M liquidation

An unidentified cryptocurrency whale injected millions of dollars in emergency capital to avoid a potential liquidation of more than $300 million in Ether as markets slumped amid renewed macroeconomic pressure.The whale is reportedly close to liquidation on a 220,000 Ether (ETH) position on MakerDAO, a decentralized finance (DeFi) lending platform. To stave off liquidation, the investor deposited 10,000 ETH — worth more than $14.5 million — and 3.54 million Dai (DAI) to raise the position's liquidation price, blockchain analytics firm Lookonchain said in an April 7 post on X.

Negative
cover-imageCoinPedia
April 7, 2025

Why Ethereum is Crashing Today?

The European market opened Monday, April 7, with a similar bearish trend as the Asian market. With a similar choppy trend expected later today after the New York stock exchanges open, the crypto market has fallen in line with a 12 percent decline in its total valuation to about $2.

Negative
cover-imageCointelegraph
April 7, 2025

Ethereum whale gets liquidated $106M on Sky amid crypto bloodbath

An Ether investor who had a large position on decentralized finance (DeFi) lending platform Sky has been liquidated to the tune of more than $100 million as the price of Ether crashed. The Ether (ETH) whale lost 67,570 ETH worth around $106 million when the asset crashed by around 14% on April 6, liquidating his collateralized debt position on Sky, according to Maker Vaults explorer DeFi Explore, and as observed by Lookonchain.

Negative
cover-imageCointelegraph
April 7, 2025

Ethereum whale liquidated for $106M on Sky amid crypto bloodbath

An Ether investor who had a large position on decentralized finance (DeFi) lending platform Sky has been liquidated to the tune of more than $100 million as the price of Ether crashed. The Ether (ETH) whale lost 67,570 ETH worth around $106 million when the asset crashed by around 14% on April 6, liquidating his collateralized debt position on Sky, according to Maker Vaults explorer DeFi Explore, and as observed by Lookonchain.

Negative
cover-imageTokenpost
April 7, 2025

Ethereum Plunges 10% as Crypto Market Faces Steep Sell-Off

Ethereum (ETH), the second-largest cryptocurrency by market cap, has crashed 10% in the latest market downturn, falling to an intraday low of $1,601, according to CoinGecko data. The ETH/BTC ratio has also dropped to its lowest level since March 2020, highlighting the altcoins underperformance against Bitcoin.

Negative
cover-imageCoingape
April 6, 2025

Ethereum Price Forecast: Coinglass Shows Key Levels ETH Traders Must Watch as BTC Trades Below $80K

Ethereum price plunged below $1,600 over the weekend as BTC's slide ignited sharp liquidations across major altcoins, including ETH. Ethereum (ETH) dips below $1,700 as BTC Weakness Spreads to Atcoin Markets Ethereum (ETH) sharply turned bearish over the weekend as bearish headwins from the US trade war extended towards the crypto sector.

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