Although the broader crypto market cap exceeded $3 trillion at the start of February, it dipped to $2.63 trillion by February 28th as investors entered a selling frenzy. While President Trump’s announcement of the upcoming strategic crypto reserve helped the market recover on March 2nd, the rebound was short-lived, and cryptocurrencies are now collectively valued […] More
Key Takeaways: Coinbase expands Bitcoin and Ethereum futures trading to US residents 24/7, the first of its kind in the US. The exchange is also working on perpetual futures, a popular product around the world but not available to U.S. traders in a regulated environment before now. The move, proposed in part to bring U.S. crypto […] More
Key Takeaways Starknet aims to connect Bitcoin and Ethereum networks to expand DeFi opportunities. The protocol seeks to dramatically reduce transaction fees and increase processing speeds. Share this article Starknet announced today its plan to become the first layer 2 network that settles transactions on both Bitcoin and Ethereum. The firm aims to unify the […] More
The Chicago Board Options Exchange has filed a proposal with the U.S. Securities and Exchange Commission to permit staking for the Fidelity Ethereum Fund. This initiative aims to enable the fund to stake its Ethereum (ETH) holdings, potentially enhancing returns for investors. Staking involves committing crypto holdings to support the operations of a blockchain network. […] More
Ethereum’s price has been in a clear downtrend since reaching a local high above $3,600, forming consistent lower highs and lower lows. The price is now on the verge of solidifying below the key $2,000 support, which could cause even more capitulations in the short term. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart […] More
With a drop to 17 on the Fear and Greed Index, indicating that the market is in extreme fear territory, the market is plagued by a selling frenzy that saw the crypto market cap drop to $2.71 trillion. Although the broader crypto market experienced a similar decline in late February, when it dipped to $2.63 […] More
While Ethereum currently hovers around the $2,100 mark, experts are warning of a potential decrease to $1,200 in the coming weeks. According to data from Into The Block, nearly half of all ETH investors are currently underwater as the second-largest cryptocurrency struggles to recapture its former glory. On the other hand, early-stage presale altcoins with […] More
Over the past 24 hours, the cryptocurrency market endured another period of enhanced volatility and instability. Bitcoin (BTC), for one, tanked to a four-month low of under $77,000. The altcoins have suffered even more substantial losses. Ethereum (ETH) temporarily slipped below $1,800 for the first time since October 2023, whereas its market cap tumbled to […] More
Clearstream plans to offer Bitcoin and Ether custody and settlement services to its 2,500 institutional clients starting April. Clearstream, the central securities depository arm of Deutsche Börse Group, will launch cryptocurrency custody and settlement services for institutional clients starting April, Bloomberg reports, citing executive at the company. The Luxembourg-headquartered depository will initially support Bitcoin (BTC) […] More
Ethereum community members dismissed rumors of a $56 million transfer into lending protocol Sky from the Ethereum Foundation. News COINTELEGRAPH IN YOUR SOCIAL FEED An Ethereum developer rejected speculation that the Ethereum Foundation (EF) was behind a recent deposit of more than 30,000 Ether into the decentralized finance (DeFi) protocol Sky, formerly known as MakerDAO. […] More
Crypto market capitalization has tanked to its lowest point since early November with $240 billion getting wiped out over the past day. This has resulted in a 6% fall to $2.6 trillion as all post-US election gains have now been wiped out. Ethereum has taken the brunt of the fall, losing a whopping 16% over […] More
Ethereum could see a drastic price drop to as low as $200–$400 if the crypto market has entered a new bear cycle, according to Quit, vice president of blockchain at Yuga Labs. In a Mar. 11 post on X, Quit questioned optimistic price targets for Ethereum (ETH). While many see $1,500 as a likely floor […] More
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