↘ A Mix of Pessimism and Optimism: Will The Ethereum Coin Rally or Stumble?
Ethereum's price is showing hints of a potential 42% drop with the bull market coming to a seeming end, while Trump's announcement of...
The series of reports suggest significant movements in the cryptocurrency market. A panic-selling frenzy might crash the Bitcoin price while other major cryptocurrencies like ETH and SOL also experience price dips. The sell-off situation in the cryptocurrency market is worsening with Bitcoin falling below $80K. However, in positive news, Coinbase may offer 24/7 BTC, ETH futures, while Spain's second-largest bank has received permission to offer Bitcoin and Ether trading. A dormant Ether Whale has reportedly moved $13M in ETH to Kraken.
Meanwhile, a Meme Coin platform has lost 65 ETH in an insider job, and former President Donald Trump named several cryptocurrencies, including ETH, as part of the U.S. crypto reserve. In other news, a significant amount of Ether has left exchanges, marking the biggest outflow since the beginning of 2022. However, Ether's freefall below $1.9K is worrying for DeFi and especially crypto loan holders backed by $130M in ETH.
Elsewhere, developer Danny Ryan has transitioned from Ethereum's engine room to Wall Street and BTC and ETH movements align with US stocks as tariff concerns weigh on markets.
ETH Coin News Analytics from Sun, 02 Mar 2025 08:00:00 GMT to Wed, 12 Mar 2025 22:45:37 GMT - Rating -4 - Innovation 5 - Information 7 - Rumor -3