Ethereum, Solana, and Toncoin hit by millions in outflows; but Bitcoin took the biggest hit with $2.59 billion leaving funds.
Bitcoin (BTC) is trading at $82,327, hovering just above the $82,000 level, but still facing resistance amid ongoing market uncertainty. The recent sell-off driven by exchange outflows has hindered Bitcoin's ability to sustain upward momentum.
Ethereum (ETH) has been struggling around the $2,000 level, unable to regain higher ground as bulls fail to reclaim key resistance zones. Despite positive developments, such as Thursday's U.S. Strategic Bitcoin Reserve executive order signed by President Trump, market sentiment remains bearish.
Ethereum (ETH) experienced a significant drop during the weekend as the market had a “sell the news” moment after President Donald Trump met with leaders from the crypto industry in a widely awaited summit at the White House.
An increase in network activity indicates that XRP has made a significant comeback. XRP saw more than 2.2 million transactions in the last day, which is among the most active days in recent memory.
The cryptocurrency community was hit with a stunning twist, when an executive order signed by President Donald Trump dashed the hopes of Ripple and its supporters. After pouring millions into political contributions to push for XRP (CRYPTO: XRP)'s inclusion in a U.S. sovereign crypto reserve, the company and its co-founders watched their efforts unravel.
Here are some of the latest developments on the Ripple v. SEC front.
Ethereum sees massive whale buying and the biggest exchange outflow since 2022 despite heightened market gloom.
XRP bear market signals have become more conspicuous against the backdrop of February's high selling pressures. Technical indicators now point to a potential 50% price decline, also fueled by the broader crypto market's downward trend and recent US policy decisions.
Despite the prevailing bearish market trends, XRP continues to outpace Bitcoin in weekly inflows. While digital asset investment products saw significant outflows in the fourth consecutive week, XRP marks remarkable gains.
In early 2011, three developers — David Schwartz, Jed McCaleb and Arthur Britto — were attracted by Bitcoin but aware of the waste associated with mining. They aimed to develop a more sustainable way of sending value.
XRP, the payments-focused cryptocurrency linked to Ripple, plummeted over 27% in the week ending March 9, marking its steepest decline since November 2022, according to TradingView and CoinDesk data. This sharp drop has put intense focus on the critical $1.95 support level.
Ethereum's native token, Ether (ETH), witnessed its lowest weekly close since November 2023, highlighting just how much the top altcoin has struggled over the past few months. Ethereum 1-day chart.
Ethereum's highly anticipated Pectra upgrade encountered disruptions on the Sepolia testnet following an exploit that led to empty block mining. The upgrade, which was deployed on March 5, ran into issues a few hours later when developers noticed error messages on their geth node.
A move below the said support would trigger a major bearish reversal pattern, the price chart shows.
The crypto market continues to face headwinds, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) remaining in a bear market. No good news, including the recent crypto summit, and Strategic Bitcoin Reserve (SBR) has helped the industry.
Spanish bank BBVA has said it received approval from the country's securities regulator to offer Bitcoin and Ether trading services in Spain.
The crypto market took a hit today, with Bitcoin dropping 4% to $82,176, marking an 11% decline for the week. The overall market fell 7%, with major altcoins like ETH, SOL, and XRP seeing losses between 7-9%. This downturn is fueled by rising tensions in the U.S.
The service will eventually be available to all customers of the 150-year-old bank, which is among Europe's largest.
On-chain data revealed $1.8 billion worth of Ethereum left exchanges last week. The outflows are the largest seen since December 2022.
Ripple co-founder and executive chairman Chris Larsen lost over $661 million worth of XRP last year, reportedly due to a hack of password manager LastPass.
The upcoming April 16 will be a very crucial day for the XRP market. On that day, a US court will declare its final decision on the SEC lawsuit against XRP. Considering that the political climate in the U.S.
Ethereum (ETH) whale that supplied 65,675 ETH worth $135 million at the current price of $2,067 is at risk of liquidation. Based on the Lookonchain data, if ETH price slips 6.38% to $1,931.83, the whale would stand to lose the collateral.
XRP price stabilizes above $2.10 while facing a major $297M bearish hurdle at $2.70, even as network activity reaches record highs.
The crypto market cap continued to decline over the weekend as major cryptocurrencies extended their losses after investors were disappointed by Donald Trump's strategic Bitcoin reserve. A wave of uncertainty caused by new US trade tariffs also impacted investor sentiment.
President Donald Trump's highly anticipated crypto reserve announcement and the White House Crypto Summit have fallen flat, failing to ignite a crypto market rally. The global crypto space is currently navigating a bearish period with the total market cap slipping to $2.73 trillion, down by 3.09%.
TL;DR BBVA Spain received regulatory approval to offer Bitcoin and Ethereum trading, marking its digital asset expansion; customers can trade via the bank's mobile app. The service, initially for select users, uses BBVA's in-house custody platform, ensuring security and a user-friendly experience without advisory services.
A leading Spanish bank has secured official authorization from the nation's financial regulator to begin offering Bitcoin (BTC) and Ethereum (ETH) trading services to its clients.
In this video, Motley Fool contributor Jason Hall explains why Ethereum (ETH -2.13%) may not be a 10-bagger in the next five-plus years, but it still has what it takes to be a market-beating investment.
"Although this indicates a slowdown in the pace of outflows investor sentiment remains bearish," wrote CoinShares Head of Research James Butterfill.
The escalating US Vs Canada trade war has gained notable traction lately, impacting the sentiment of the broader financial market enthusiasts. However, in the latest XRP news, a renowned legal expert said that the ongoing developments could be bullish for Ripple.
An unknown attacker prompted Ethereum developers to roll out a “private fix” as the network grappled with technical issues during the Pectra upgrade on the Sepolia testnet.
XRP risks a 50% crash as a head-and-shoulders pattern confirms a breakdown, while Trump's crypto policy shift and U.S. economic concerns fuel further downside risks.
Ethereum is holding around the $2K level. ETH's daily trading volume has jumped by over 120%.
In yet another move exemplifying the increasing institutional adoption of crypto, particularly within the European banking sector, Spain's second largest Bank, BBVA, has announced its new trading service for Spanish customers. Rolling out after receiving the mandatory MiCA license, BBVA's new trading service, available by its mobile application, will allow users to buy, sell, and
Internal Ripple emails from 2018—submitted in the US Securities and Exchange Commission (SEC) lawsuit over alleged unregistered securities sales—have resurfaced. These documents show that Ripple executives and staff actively discussed promoting the narrative that Bitcoin is “controlled by China,” a claim often referred to as “China FUD” (Fear, Uncertainty, Doubt).
BBVA has announced the launch of a new service dedicated to the buying and selling of Bitcoin (BTC) and Ethereum (ETH).
Ethereum price has crashed below $2,000, breaking a three-year bull trend and potentially heading toward $1,250-$1,500 levels despite some whale accumulation.
Ethereum's Pectra upgrade faced a setback on the Sepolia testnet because of an exploit that resulted in empty block mining.
XRP faces a crucial test, with support, resistance, and market activity influencing its next move.
Consensys CEO Joseph Lubin claims that Ethereum must remain "credibly neutral" and "apolitical."
Spain's second-largest lender will allow its clients to buy, sell and manage cryptocurrencies on its mobile banking app.
XRP has maintained a downtrend since reaching an all-time high of $3.40 on January 16. It currently trades at $2.18, noting a 35% price drop over the past two months.
XRP has taken a big hit, dropping nearly 8% in a day, after U.S. President Donald Trump changed his stance on crypto plans. He backed out of a strategy that aimed to create a national Bitcoin (BTC) reserve, crushing hopes that XRP could be included as a key reserve asset.
With $2,000 now in danger of disappearing in the next few hours, Ethereum is on the verge of possibly losing a significant price level. The asset has been steadily declining, which is indicative of a larger pattern of waning network activity and investor interest.
Traders are now in a wait-and-watch mode as they approach the coming months, mainly eying macroeconomic data and decisions for cues on further positioning.
Spanish bank BBVA is launching a crypto trading service, enabling customers in Spain to buy, sell, and manage Bitcoin and Ethereum via its app.