The total cryptocurrency market capitalisation has dropped sharply to $2.4 trillion, down from its December 2024 peak of $3.9 trillion. This close to 40% contraction over roughly four months reflects growing investor unease amid escalating geopolitical and economic tensions.
While the crypto market started the week on a bearish note, upcoming developments may signal a potential turnaround. Several altcoins have key external factors supporting their price movement, offering investors opportunities for growth.
CLS Global, a crypto market maker registered in the United Arab Emirates, has been hit with a $428,000 fine for wash trading of the FBI's bait token NexFundAI.
TL;DR WisdomTree expanded its platform to Arbitrum, Avalanche, Base, and Optimism, enabling investment in more tokenized assets. Investors can trade with US dollars or USDC and store their funds in third-party or self-custodial wallets. The offering includes 13 tokenized funds, covering money market, equity indexes, and fixed income with regulatory backing.
Slovak Prime Minister Robert Fico is getting flak from opposition leaders for failing to avert U.S. car tariffs hanging over his country, a major automotive producer in Europe. The political attack came after President Donald Trump's decision to slap a 25% levy on all foreign-made cars next month.
Crypto whales bought Optimism (OP), Dogecoin (DOGE), and Worldcoin (WLD) in recent days. OP saw a rise in large holders despite being down 73% over the past year, while DOGE whale wallets climbed to a two-week high as meme coin sentiment shows signs of recovery.
Movement Network (MOVE) has been gaining attention after announcing a $38 million buyback in response to improper activity by a Binance market maker. Despite the corrective phase that followed its sharp price spike, MOVE is still up over 13% in the last seven days.
Tether has launched its crosschain stablecoin USDT0 on Optimism's OP Superchain, expanding the accessibility of the digital dollar to Ethereum's layer-2 ecosystem. The launch, announced on March 27, marks a significant step in the adoption of stablecoin within decentralized finance (DeFi) and strengthens the growth of OP Superchain as one of the most dominant infrastructures in the sector.
Tether's crosschain US-dollar stablecoin, USDT0, has been deployed to Optimism's Superchain, increasing access to the world's most widely used stable asset across Ethereum's layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin's first deployment was on Ink, Kraken's DeFi-focused layer-2.
Crosschain US-dollar stablecoin USDT0 has been deployed to Optimism's Superchain, increasing access to the world's most widely used stable asset across Ethereum's layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin's first deployment was on Ink, Kraken's DeFi-focused layer-2.
Movement (MOVE) has surged by 16% in the past 24 hours, with its rise to $0.527 coming after the Movement Network Foundation announced a $38 million buyback of MOVE tokens. The post Movement (MOVE) Defies Binance Fallout with $38 Million Buyback – Can it Overtake Solana? appeared first on Cryptonews.
MOVE rallied 18% after Movement Network announced a $38M buyback plan, using funds recovered from its market maker through Binance.
MOVE soared to a 2-month high as it parted ways with a malicious market maker, which triggered a renewed interest among whales. According to data from crypto.news, Movement (MOVE) surged 32% to an intraday high of $0.
The market is reacting positively to Movement's pledge to do a $38 million token buyback to create a Movement Strategic Reserve.
Movement Foundation has cut ties with the market maker and will use the recovered $38 million to buy back MOVE over the next few months.
Movement, a new kid on the block with a market cap of $1.3 billion launched just this December, has landed on some hot waters after a Binance investigation regarding a market maker.
TL;DR Movement Network has announced a $38 million buyback of MOVE tokens after uncovering improper activity by a market maker operating on Binance. The buyback program, financed with recovered USDT, will run over the next three months as a strategy to restore market confidence.
Many crypto tokens have recovered this week as investors moved back to risky assets. This surge has brought the cryptocurrency market valuation to nearly $3 trillion.
Cryptocurrency exchange Binance has issued an announcement regarding the penalization of a market maker for the Movement (MOVE) project.
Binance offboards a market maker linked to Movement's MOVE token after $38M profit from irregular trading, freezing proceeds for user compensation and enforcing strict market integrity measures. The post Binance Ends Market-Making for Movement (MOVE) Project appeared first on Cryptonews.
Binance has removed the market maker responsible for earning $38M from aggressively selling Movement (MOVE). The Movement project has also ended its partnership with the market maker.
The organization behind the Movement Network said it will use $38 million recovered from a market maker to buy back MOVE tokens over the next three months.On March 24, the Movement Network Foundation said it recovered about $38 million in assets from a market maker tasked with providing liquidity on buy and sell orders for the Movement (MOVE) token on Binance. Binance offboarded the market maker due to “market irregularities.
Following an alleged breach of contract by a market maker, Movement Network has initiated a $38 million buyback program for its MOVE token. In a Mar.
The crypto market has made a strong start to the week, with cryptocurrencies registering substantial increases. As a result, the crypto market cap has jumped almost 3% and currently sits at $2.83 trillion.
Story Highlights The MOVE price today is . MOVE price could shoot to a maximum of $1.1498 in 2025. The Movement token price is expected to reach a maximum of $12.0567 by 2030.
The crypto market remained flat for most of the day after a brief rally following better-than-expected inflation data quickly lost steam. Bitcoin (BTC) briefly rose above the $84,000 mark after the US CPI Report but fell flat later in the day, dropping below $84,000.
Rex Shares and Osprey Funds have submitted a request to list an ETF based on MOVE, the native token of the Movement network, a new Layer 2 of Ethereum.
A bearish reversal at the nearby resistance zone appeared more likely due to price structure and lack of buying pressure.
While almost the entire crypto market is currently struggling & trading in red Movement Network (Move) token has managed to rise nearly 12% in the past 24 hours. This sudden rally comes as the Movement Network Foundation launched its Movement Public Mainnet Beta, raising investor confidence.
MOVE token gained 5% following ETF filings and the Movement Foundation's mainnet beta launch.
Investment managers Rex Shares and Osprey Funds have submitted an application to launch an exchange-traded fund (ETF) based on Movement, the Ethereum Layer 2 network token. The filing makes it the first ETF associated with the recently decentralized blockchain.
Asset manager REX-Osprey is seeking to launch an exchange-traded fund (ETF) designed to hold the Movement Network's native token, MOVE, according to a March 10 announcement. The filing comes as Movement, a layer-2 (L2) blockchain network, launches its public mainnet beta, Movement said.
Despite the wider crypto market decline, Movement Network's MOVE has surged over 6% today and 14% in a week.
The crypto market faced a challenging week, but the new week brings hope for recovery. Whether this rebound stems from broader market trends or individual network developments remains uncertain.
Rex Shares and Osprey Funds have filed an application to list an exchange-traded fund (ETF) tracking MOVE, the native token of the Ethereum Layer 2 network Movement. The filing comes as Movement prepares for a beta release of its mainnet.
REX Shares and Osprey Funds are expanding their ETF lineup with a new MOVE ETF, offering streamlined exposure to MOVE without the complexities of direct crypto ownership. The filing arrives as interest in crypto-based ETFs continues to grow, positioning MOVE within the evolving investment landscape. The post REX Shares and Osprey Funds File to Launch MOVE ETF appeared first on Cryptonews.
The announcement comes as Movement prepares to launch its mainnet in beta, the latest release for the politically active team.
Investment firms Rex Shares and Osprey Funds have filed with the U.S. Securities and Exchange Commission to launch an exchange-traded fund tracking the price of Movement Network's MOVE token.
The proposed REX-Osprey MOVE ETF would invest at least 80% of its assets in MOVE or related instruments.
MOVE's upside potential remains uncertain due to selling pressure.
MOVE's movement on the chart remains uncertain, but will this change soon?
Movement (MOVE) coin is gaining momentum, testing a key resistance at $0.52. Will it break out and surge toward $0.60, or face a pullback?
The crypto market continued its upward trajectory, with the market cap increasing by over 4% to reclaim the $3 trillion mark. Most cryptocurrencies traded in positive territory, and Bitcoin (BTC) reclaimed the $90,000 level after an increase of nearly 6% over the past 24 hours.
Movement (MOVE) reached its all-time high of $1.45 on December 10, 2024, rising in tandem with the market as bulls dictated pace. However, with top coins slumping to multi-month lows in recent weeks, MOVE bucked the trend to hit an all-time low of $0.37.
Last week's broader market downturn sent many altcoins tumbling, and Movement's native token MOVE was no exception. On Tuesday, the token plunged to an all-time low (ATL) as selling pressure intensified.
After a brief pullback, the crypto markets gain back momentum as the selling pressure over the tokens reduces. While the top altcoins like ETH, SOL, LTC, etc.
Bitcoin Suisse, an institutional-grade crypto services provider, is expanding its digital asset offerings with access to four new tokens.