Ethereum News Daily Official TheBitTimes.com

Ripple is XRP’s largest holder and core entity in its development, directly linked to the token’s creation and initial distribution. On March 1, Saturday, Ripple will unlock 1 billion XRP that has not yet been put in circulation, impacting markets. Precisely, the unlock has a nominal value of $2.03 billion at current prices and could create significant selling pressure. However, activity from previous months hints that the company may only sell a fraction of the 1 billion XRP. When XRP was launched in 2012, Ripple kept 80 billion of the supply out of circulation to itself, gradually selling some units, distributing it to the market. In 2017, the company implemented an escrow system to lock the still undistributed 55 billion XRP, with programmed monthly unlocks. Picks for you Vanar Chain partners up with Worldpay to promote Web3 payment inn...

The cryptocurrency market is facing one of its most significant corrections of the last few months. Bitcoin (BTC) has fallen to the $86,000 price level. The global crypto market cap has dipped 3.9% in the last 24 hours to $2.98 trillion. VeChain (VET) has also experienced a significant price dip in the market-wide correction. Also Read: Trump’s 25% EU Tariffs Cause Bitcoin to Tumble—How Will Crypto React? Source: CoinGecko VeChain Suffers Amid Market-Wide Chaos Source: Moneycontrol.com VET’s price is down 9.9% in the weekly charts, 14.8% in the 14-day charts, 35.4% in the monthly charts, and 40.2% over the previous year. Despite the big losses, the asset has gained 0.9% in the daily charts. The latest market rally follows the US administration’s decision to go ahead with its tariffs against Canada and Mexico. The tariffs aim to combat trade deficits and illegal border crossings. VET and other crypto assets have likely suffered from the negative impact the tariffs have had on...

Pump Fun’s X account was hacked today and used to launch a phony “governance token” called “$PUMP” that rose 517,000,000% in price before crashing 99.9% in minutes. The platform’s 23-year-old pseudonymous COO, Alon Cohen, posted on X, “account has just been compromised. Please don’t interact.” The hacked account said, “Introducing $PUMP,” and claimed it was, “The OFFICIAL pump.fun GOVERNANCE token, where Democracy has never been this degen.” A screenshot of one of the token shills shared by the Pump Fun hackers. Read more: Hacked X and Insta accounts used for Pump Fun rug pulls It attempted to promote at least two different token contact addresses and claimed that Pump Fun would supposedly use 50% of its fees to buy back the tokens and lock them up for five years. It said the token “will allow holders to vote on platform changes and reward long-time users for being an OG degen.” One to...

Crypto YouTuber Cade O’Neill reviewed Best Wallet, highlighting its seamless approach to integrating digital assets into everyday transactions. One of the biggest challenges crypto users face is the difficulty of on-ramping and off-ramping funds. The process of converting fiat to crypto and vice versa can be cumbersome, often requiring multiple steps and third-party platforms that charge high fees. Best Wallet aims to provide a more efficient solution, allowing users to manage and spend their crypto gains with ease. At its core, Best Wallet functions as a self-custody wallet, meaning users have complete control over their funds without relying on centralized financial institutions. Unlike traditional banking systems that can freeze accounts or impose restrictions, self-custody wallets provide greater financial freedom and security. With Best Wallet, users maintain full ownership of their assets, reducing counterparty risks and ensuring that they alone control their private keys...

Prices have been moving fast in the cryptocurrency market on February 25, with hundreds of millions of dollars erased in a bloodbath that has taken Bitcoin (BTC) below $89,000 for the first time since November and Ethereum (ETH) below $2,400 for the first time since October. XRP, one of the most prominent tokens in the world, in no small part thanks to Ripple Labs’ long legal battle with the SEC, has not been spared either and has plunged a total of 18.50% in the last 7 days to its press time price of $2.11. XRP 7-day price chart. Source: Finbold Furthermore, having lost its previous and critical support level near $2.30, XRP now appears poised for an even greater crash, and a prominent on-chain analyst, Ali Martinez, is now predicting a fall to lows not seen since the early days of the Donald Trump re-election rally. Picks for you Pun...

Bitcoin’s (BTC) price action in early 2025 has left investors uncertain, with February marked by a month-long consolidation. The market, which initially expected an aggressive breakout at the start of the year, is now weighing the possibility of an impending bear phase. However, long-term technical Analysis of Bitcoin’s price cycles suggests that BTC remains on track to reach a new all-time high of $200,000, as observed by TradingShot in his recent Analysis on TradingView .  Despite short-term weakness, historical cycle patterns indicate that BTC’s broader trajectory remains bullish. Picks for you Warren Buffett letter warns U.S. on the verge of 'fiscal folly' that could wipe out USD 45 mins ago Bybit invests $1 million in Ethic...

After the market-wide cryptocurrency bull run kicked off in November 2024, the upward trajectory of Bitcoin (BTC) stalled out in late December. Although a renewed rally saw a new all-time high (ATH) of $108,786 reached on January 20, prices managed to hold above the $100,000 mark just until the end of the month — when President Trump’s implementation of tariffs caused a market-wide selloff of risk assets. The leading cryptocurrency has been trading sideways since; although this time around, the level of support has solidified higher than before, at $96,500. Picks for you R. Kiyosaki said to invest in cattle—here’s how much you’d have if you did 8 mins ago GME Ethereum partners up with Stocktwits 28 mins ago ...

De-dollarization is the most talked about subject in developing countries where they aim to uproot the US dollar from the world’s reserve currency status. Emerging economies want their local currencies to take first precedence by ending dependency on the US dollar. The prospects of the greenback are at stake as countries in the East are looking to tilt global financial power on their side. The upcoming decade could decide if the USD will remain the de facto reserve currency of the world. Also Read: 5 US Energy Sectors To Be Affected If De-Dollarization Advances De-dollarization: Analyst Forecasts the US Dollar’s Future Source: stock.adobe.com Leading economist and author Madan Sabnavis predicted that de-dollarization’s time has not come yet and the US dollar will remain the global supreme currency. He wrote that anchor currencies, BRICS currencies, and local currencies are not qualified to withstand the whiplashes of the markets. In addition, “finding common grou...

The Solana price prediction is experiencing significant volatility, driven by market sentiment and fundamental concerns. Solana Prediction Data: Solana price now – $177.80 Solana market cap – $86.77 billion Solana circulating supply – 488.61 million Solana total supply – 594.53 million Solana Coinmarketcap ranking – #6 Getting in early on Solana (SOL) would have been highly rewarding, as its price has surged 33,406.9% from its all-time low of $0.5052 in May 2020. Despite currently trading between $168.41 and $180.43, SOL hit an all-time high of $294.33 just last month but is now 42.49% below that peak. This price history highlights the potential gains of early crypto investments and Solana’s long-term growth despite market fluctuations. SOL/USD Market Key Levels: Resistance levels: $225, $235, $245 Support levels: $130, $120, $110 SOLUSD – Daily Chart The Solana (SOL/USD) daily chart shows a downtrend channel, with the price c...

Even as Solana reels from the $LIBRA scandal, its first Layer-2 chain Solaxy ($SOLX) is amassing funds as its presale surpasses $22.7 million. In just the past three days, Solaxy has seen over $700,000 worth of new $SOLX buys, which Solana fans may see as their only hope for the network to break its January peak. A meme coin revival could be triggered if the alliance of Solana bulls resumes buying activity and reignites Pump.fun, whose daily volumes have dropped by 43.37% since last week. It’s a cascading effect, and the force is strong with those backing Solaxy in its current presale stage, where the price is set at $0.001642 per token for the next 35 hours. Investors Vent Anger At Solana And Pump.Fun Over the past seven days, $SOL has plummeted by 10.4%, extending its losses to 40% from its all-time high (ATH) just over a month ago. Of course, the rise to its peak price was set in motion by U.S. President Donald Trump’s meme coins....

JPMorgan analysts warn that the crypto industry faces a potential downspell amid lower demand for top assets like Bitcoin and Ethereum. The leading cryptocurrency by market cap, BTC, is down over 6% in the past month. For ETH, the coin is down by nearly 18%. Despite the bullish market sentiment, not many cryptocurrencies have excelled on 2024 levels in 2025 thus far. Thus, JPMorgan fears that the 2025 crypto boom may not hit as hard as projected. The total crypto market cap has declined by 15% from its record high of $3.72 trillion on Dec. 17 to around $3.17 trillion, marking a significant correction. JPMorgan analysts, led by managing director Nikolaos Panigirtzoglou, say a lack of positive catalysts and fading momentum drive lower demand for crypto futures. Specifically, CME bitcoin and ether futures are nearing “backwardation”: where futures prices fall below spot prices, mirroring last June and July, the analysts wrote. “This is a negative development and indicativ...

Dogecoin is currently one of the leading tokens out of the lot. The cryptocurrency market is always busy birthing new tokens; however, with Dogecoin, the reputation that the token has amassed in all these years is truly unmatched in all cases. Dogecoin is currently gaining steam due to many reasons. Will this hype and attention help the token gain a new price spot soon? Let’s find out. Also Read: Mysterious Trade: US Congresswoman Buys German Arms Manufacturer Stock Dogecoin: New Updates Source: Bitcoinist Dogecoin is currently sitting high on the radar of many investors. The token has amassed supreme popularity as of late due to the token’s close association with Tesla chief Elon Musk. With Musk taking charge of the Department of Government Efficiency, or D.O.G.E., Dogecoin has been banking on the aforementioned possibility to claim a new high and leverage the momentum to scale past several price barriers. The token is currently sitting at $0.25, awaiting a mild price push for it...