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news-imageFebruary 19, 2025

Price analysis 2/19: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, LINK, XLM, LTC

Bitcoin remains stuck inside the range, with no clear indication of a price breakout or breakdown.
Publisher: Cointelegraph
Sentiment: Neutral
ADA
BNB

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Positive
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February 21, 2025

Ethereum Gas Fees Drop 70% to 4-Year Low

Ethereum's gas fees have seen a significant plunge, with the average cost of a transaction dropping by a staggering 70% in just a few months. As of February 20, 2025, the price for a typical transaction on the Ethereum blockchain has fallen to around $0.80, a sharp contrast to the $20+ fees seen in 2024 during periods of high network activity.

Positive
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February 21, 2025

Litecoin ETF goes live on DTCC: is a breakout in sight for LTC?

The Depository Trust and Clearing Corporation (DTCC) has listed Canary Capital's spot Litecoin ETF (LTCC), a move that signals strong prospects for the eventual approval of the first Litecoin exchange-traded fund (ETF). Litecoin (LTC) price rose early Friday, Feb. 21 as traders reacted to the news.

Positive
cover-imageNewsBTC
February 21, 2025

Bitcoin Open Interest Climbs—Is a Market Breakout Around the Corner?

Bitcoin has gradually been recovering with its price now hovering above $97,000 as of today—a noticeable increase from the $94,000 price mark seen earlier this week This upward movement comes as analysts highlight significant trends in the perpetual futures markets that may indicate a substantial shift on the horizon. Related Reading: Bitcoin Ready For ‘Take Off'—Analyst Reveals Key Signals Bitcoin's Open Interest Points to Possible Market Shift One notable development is the increase in Bitcoin's open interest—an indicator of the total number of outstanding perpetual futures contracts on centralized exchanges.

Negative
cover-imageBitcoin
February 21, 2025

QCP Insights: Solana Faces Pressure Ahead of 30 Million Token Unlock

Crypto markets remain under pressure amid inflation concerns and looming tariff hikes, with Solana facing added volatility ahead of a major token unlock. Crypto Markets Struggle as Inflation Fears and Tariff Tensions Weigh on Sentiment QCP Insights for Feb. 19 showed that inflation fears and escalating tariff tensions continue to dominate global market sentiment.

Positive
cover-imageBlockonomi
February 21, 2025

GameStop Has Authority to Convert $4.6B Cash to Bitcoin, Reports Show

GameStop CEO Ryan Cohen's recent actions, including following Bitcoin Magazine and meeting with Strategy's Michael Saylor, combined with the company's $4.616 billion cash reserve and authority to invest in cryptocurrencies, have fueled speculation about potential Bitcoin purchases that could make GameStop the second-largest corporate holder of the cryptocurrency.

Negative
cover-imageCointribune
February 21, 2025

Ethereum Facing Controversy: Buterin Defends His Choices

Vitalik Buterin expressed his disappointment over the accusations that Ethereum is "bad and intolerant" due to its lack of support for blockchain casinos. He emphasized that other chains readily accept any application, including gaming platforms, which some argue makes them superior.

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