Galaxy Digital, Whales, Institutions, Retail Sell Off Ethereum: How Low Can ETH Go?
ETH is 60% away from its peak during this cycle, where is the low?
Keep up with what's happening in the crypto world in real-time.
ETH is 60% away from its peak during this cycle, where is the low?
A Russian finance ministry official has reportedly said the country should be developing its own stablecoin after a recent freeze on wallets linked to the sanctioned Russian exchange Garantex by US authorities and stablecoin issuer Tether. Deputy director of Russia's Finance Ministry's financial policy department, Osman Kabaloev, said the Kremlin should be exploring the possibility of developing a stablecoin like Tether's (USDT) to avoid similar actions in the future, according to April 16 reports by Reuters and the state-owned news agency TASS.
VanEck is set to debut its new exchange-traded fund under the ticker NODE, on May 14, expanding its lineup of crypto-related investment products. VanEck's head of digital assets, Matthew Sigel, announced in an Apr.
Synthetix's algorithmic stablecoin sUSD has continued its month-long depeg, now trading nearly 21% below its $1 peg. According to CoinGecko's price data, sUSD has dropped to $0.7924 as of Apr.
Bhutan is contemplating the use of its hydropower resources for Bitcoin (CRYPTO: BTC) mining to stimulate its economy without compromising its environmental goals. What Happened: In an interview with Reuters on Tuesday, Ujjwal Deep Dahal, CEO of Bhutan's sovereign wealth fund, Druk Holding and Investments Ltd.
The tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000.“Traders are showing optimism that BTC can regain $90K, which will likely be dependent on tariff and global economy news as the week progresses,” Santiment said in an April 16 X post.
If the United States bought 1 million BTC, the price of bitcoin could reach 1 million dollars. A strategic reserve that would disrupt the global economy and reinvent financial assets.
Billionaire Mike Novogratz's Galaxy Ventures Fund I LP is on track to raise up to $180 million by June to back early-stage crypto and blockchain startups, with a focus on payments and stablecoins.
Ethereum has mirrored Bitcoin's recent recovery trend, posting a near 10% gain over the past week. The asset had previously experienced a sharp correction, but its latest rally saw prices climb toward the $1,600 mark.
There is a key level everyone's watching on Solana's charts.
Semler Scientific is looking to raise $500 million in new securities after settling a large case with the Department of Justice, according to company filings. The health care technology company will use some of the money to expand its crypto holdings, which are already in excess of 3,000 coins.
The Ripple-linked XRP cryptocurrency is on track to score six consecutive months of positive returns against archrival Ethereum (ETH) for the first time in history.
Bitcoin hovers near $84.4K as Binance traders quietly flip bullish. A breakout above $85.5K could trigger $637M in short liquidations. Here's what to watch. The post Bitcoin Traders Suddenly Turn Bullish on Binance – What Are They Seeing That You're Not? appeared first on Cryptonews.
The first three months of this year have been the best and worst for crypto at the same time, according to a recent report from Bitwise.
A16z has penned a letter to the SEC calling for revised custody rules to allow RIAs to hold crypto assets directly.
Binance CEO Richard Teng garnered substantial attention this Thursday, hinting that more crypto national reserve launches are possible ahead. The CEO highlighted how America has seen remarkable pro-crypto developments, encouraging other countries to act similarly.
Binance is helping governments shape crypto rules and Bitcoin reserve plans, signalling growing global adoption, says CEO Richard Teng. The post Binance is Helping Countries Craft Crypto Frameworks and National Bitcoin Strategies, CEO Says appeared first on Cryptonews.
Transaction costs on the Ethereum network have dropped to the lowest level in five years as the amount of activity on the blockchain is in a lull, according to the onchain analytics platform Santiment. Ethereum network fees are now around $0.168 per transaction and the reduction in fees coincides with fewer people sending Ether (ETH) and interacting with smart contracts, Santiment marketing director Brian Quinlivan said in an April 17 blog post.
A senior official from Russia's Finance Ministry has suggested that the country should develop its own stablecoins pegged to various currencies following the recent blocking of USDT stablecoin wallets linked to Russia.
Ripple and the SEC have agreed to pause their long-running legal battle amid settlement talks, as ETF experts signal growing confidence in the approval of a spot XRP ETF.
Binance, the world's largest cryptocurrency exchange by trading volume, has concluded its second round of the community-driven “Vote to Delist” campaign. The FTX Token (FTT), the native token of the now-bankrupt FTX exchange, has emerged as the top candidate for delisting.
Publicly listed Bitcoin miners are facing increasing economic pressure, which led to the largest monthly sell-off of mined BTC since October 2024.
The incident highlights the volatility and risks of experimental tokenization, underscoring the need for clearer market guidelines and user education. The post Coinbase's Base sparks controversy after experimental token melts down, then rockets back appeared first on Crypto Briefing.
The 10-year-long case showcasing Ripple's true commitment and breaking the chain of SEC's manipulation and injustice has finally reached its last leg.
