With RSI deep in oversold territory and MACD showing strong bearish momentum, ETH is at a critical turning point.
Bitcoin (BTC) has risen back above the 200-day simple moving average ($83,754), indicating that the bulls are attempting a comeback. The failure of the bears to capitalize on the drop below the 200-day SMA shows that selling dries up at lower levels.However, Bitcoin may not be out of the woods yet.
Here's what to expect from Pectra upgrade and what comes next as Ethereum eyes massive scaling.
As reports emerge that the SEC may soon settle its long-running dispute with Ripple Labs, the cryptocurrency world is filled with anticipation.
As the race for crypto ETFs intensifies, ETF Store President Nate Geraci expects BlackRock to file for Solana and XRP ETFs. With regulatory factors at play, industry experts speculate on how these filings could impact investor sentiment and market adoption of digital asset investment products. The post BlackRock Expected to File for Solana and XRP ETFs, Says ETF Store President appeared first on Cryptonews.
Investors are taking a risk-off stance as they apply more caution in their ETH positions due to macroeconomic concerns.
Ethereum's vision appears to be so messy that it leaves EVM changes in limbo, says a former Ethereum Foundation engineer.
XRP and Ethereum (ETH) are taking new shape amid the broader volatility on the market, which has pushed most assets into consolidation. At the time of writing, the price of XRP was trading for $2.304, up by 0.64% in 24 hours, per CoinMarketcap Data.
Ripple is moving 200 million XRP of March's reserved amount from this month's unlock, usually used to sell in exchanges. At current prices, this batch is worth over $465 million and could pressure the XRP price downwards, favoring the bears.
Ethereum Foundation developers are planning to launch the Hoodi testnet before the Pectra upgrade mainnet launch. Pectra upgrade mainnet launch was delayed after facing configuration issues on Holesky and Sepolia testnets.
BlackRock may soon expand its crypto ETF offerings to include Solana and XRP, according to Nate Geraci, president of The ETF Store.
XRP is signaling bullish moves. The coin is witnessing a price rally that could see it close the month of March on a positive note.
BlackRock, the world's largest asset manager, is expected to enter the Solana and XRP exchange-traded fund (ETF) market, according to Nate Geraci, president of The ETF Store.
TL;DR The world's largest asset manager, BlackRock, is closely monitoring the outcome of the SEC lawsuit against Ripple before launching an exchange-traded fund based on XRP. With $1.5 trillion in assets under management, Franklin Templeton has already submitted its application for an XRP ETF, intensifying competition in the sector.
ETH Spot ETFs have seen more than $500 million in outflows over the past three weeks.
The price of Ether has been declining since it fell below the psychological price threshold of $2,000. Currently, ETH price stands at $1,871.
Ethereum's biggest upgrade since The Merge is entering a new phase of testing. If Hooli is successful, Pectra could hit mainnet as early as April 25.
21Shares just announced it will be liquidating two of its exchange-traded funds after a routine review. 21Shares has announced plans to liquidate two of its exchange-traded funds that invest Bitcoin (BTC) and Ethereum (ETH) futures.
XRP's on-chain activity and price action are showing a sustained recovery, which could be the key signal on the way to new heights for XRP. The transaction count on the network just exceeded the two million mark and the overall network metrics look healthy, suggesting a potential price retrace.
Russia has started using crypto for oil trades with China and India as it seeks to bypass Western sanctions, Reuters reported on March 14, citing sources familiar with the matter. According to the report, some Russian oil companies have settled trades in Bitcoin, Ethereum, and stablecoins like Tether's USDT.
XRP surges as Ripple secures Dubai regulatory approval, boosting adoption and institutional confidence. Read more here
Ethereum in free fall against Bitcoin: mere turbulence or alarm signal? As the ETH/BTC ratio hits its lowest level in 5 years, some traders are fleeing to more profitable altcoins.
With Bitcoin on the verge of a breakout (or rejection), the altcoins are starting to stir. The altcoin market cap could already have bottomed.
Ethereum is launching the Hoodi testnet, with Pectra set to go live on the mainnet more than 30 days after Hoodi successfully forks. Ethereum's Pectra deployment is looming, currently slated for the mainnet deployment for late April.
Amid Ripple settlement negotiations, the SEC is reportedly weighing whether XRP's market behavior justifies classifying it as a commodity.
The crypto market remains on edge this week, as the tariff tantrum in the United States continues. Bitcoin (BTC) price is below $85,000, while Ethereum (ETH) and Ripple (XRP) are stuck in a bear market.
TL;DR The SEC is reconsidering XRP's classification, assessing whether it should be treated as a commodity rather than a financial security. The lawsuit against Ripple Labs is in its final stages, with the company arguing that the evolving regulatory stance should influence penalty reductions.
Under the new Donald Trump administration, crypto-friendly policies have fueled a surge in ETF filings beyond Bitcoin (BTC) and Ether (ETH). Earlier this week, Franklin Templeton became the largest asset manager to seek approval from the U.S. Securities and Exchange Commission for an exchange-traded fund (ETF) based on the price of XRP, the fourth-largest crypto by market cap.
XRP price forms a symmetrical triangle pattern breakout on a multi-year chart highlighting chances of another 500% rally from here onwards.
On Thursday, March 13, the Securities and Exchange Commission (SEC) website published a document titled ‘Comprehensive Proposal: XRP as a Strategic Financial Asset for the U.S.,' immediately sparking interest and speculation.
TL;DR New Testnet Launch: Ethereum devs have introduced the Hoodi testnet (March 17) to address bugs from earlier tests and finalize the Pectra upgrade. Upgrade Features: The Pectra upgrade combines over 10 EIPs from Prague and Electra proposals, enhancing wallet functionality and doubling data blob capacity.
It has been years of back and forth, and Ripple and the US Securities and Exchange Commission (SEC) are still mired in a legal showdown, though the end might finally be in sight.
Bitcoin ETFs saw a net outflow of $143 million on Thursday, March 13, resuming their downward trend, while ether ETFs continued their decline with a $74 million outflow, marking seven consecutive days of losses.
Ripple (XRP) price could be on the verge of a major breakout if the SEC vs. Ripple lawsuit settlement leads to the US government buying $125M worth of XRP tokens.
The total number of XRP addresses smashed through an all-time high of 6.87 million on March 1, despite XRP's price sitting well below its peak, as per Glassnode data retrieved by on-chain crypto analyst Ali Martinez.
A whale dumps all HYPE tokens, losing $1.8M, as another trader profits $16.39M on Hyperliquid with ETH and HYPE longs.
BlackRock is likely to file for both Solana and XRP exchange-traded funds, according to Nate Geraci, president of The ETF Store. In a Mar.
Since President took the oath of office earlier this year, the administration has put in place efforts to reset the bilateral relations with Russia. Furthermore, the Kremlin has pressured the war in Ukraine to force the Western countries to lift their sanctions.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum fell by 13% this week after the price failed to hold above $2,000.
When it comes to crypto investments, there aren't too many that are more appealing to buy with $3,000 than XRP (XRP 3.41%). During the past three years alone, its value climbed more than 1,370%.
The Lazarus Group, a hacker collective affiliated with North Korea, continues its illegal activities by exploiting crypto. Recently, a transaction of 400 ETH, worth approximately 750,000 dollars, was identified on Tornado Cash, a platform known for anonymizing blockchain transactions.
The crypto market had a mixed day as price action varied across cryptocurrencies. Bitcoin (BTC) continues to struggle, briefly dipping below $80,000 before recovering and moving to its current level.
Analyst predicts XRP price could soon reverse its downtrend after 37 days below EMA ribbons, potentially triggering a 40%+ rally if it breaks above $2.35.
BlackRock's filing for an XRP ETF is highly awaited in the XRP community, as the company manages $11.6 trillion in assets. Franklin Templeton, a $1.5 trillion asset manager, recently filed its own S-1 form for an XRP ETF.
Ripple's Chief Technology Officer, David Schwartz, has confirmed that the Ripple USD (RLUSD) stablecoin can be temporarily halted or reversed to comply with legal or regulatory requirements.
Ethereum has dropped 33% in three weeks to around $1,891, breaking key support levels while developers continue work on the Pectra upgrade amid growing competition.
Ethereum will launch the Hoodi testnet on March 17, addressing Pectra testing issues encountered on the Holesky and Sepolia testnets.