Ethereum (ETH) has been on a wild ride lately. The crypto market’s been down, putting a lot of pressure on ETH and pushing its price toward crucial support levels. Holding the Line at $2,000 Despite the craziness, Ethereum has managed to stay above the $2,000 – $2,100 range. This is a big deal for traders,…
Ethereum (ETH) might be a steal right now, according to a key market indicator. Let’s dive into why. Is ETH Undervalued? A metric called the MVRV-Z score suggests ETH is undervalued. This score helps figure out if an asset is overpriced or underpriced. It’s currently at its lowest point in 17 months! The last time…
The Trump administration is reportedly looking into buying Bitcoin, according to White House advisor David Sacks. This comes after a new executive order, which outlines two separate initiatives involving cryptocurrency. Two Bitcoin Initiatives The order establishes a “strategic reserve” of Bitcoin, using approximately 200,000 Bitcoins already seized by the government. This reserve will focus solely…
President Trump’s recent executive order establishing a national Bitcoin and cryptocurrency reserve sent shockwaves through the crypto market. The announcement, which involved using seized crypto assets instead of auctioning them off, led to a quick $5,000 drop in Bitcoin’s price. A Sudden Price Drop Bitcoin (BTC) plummeted from around $90,251 to $85,091 within an hour…
Crypto analyst Ali Martinez is predicting big things for Stellar (XLM), a cryptocurrency focused on payments and cross-border transactions. He believes it’s poised for a significant price jump. Stellar’s Bullish Flag Martinez, who boasts over 129,000 followers on X (formerly Twitter), sees a bullish flag pattern forming on Stellar’s three-day chart. He suggests that a…
A little-known cryptocurrency, Renzo (REZ), has seen a massive price jump after Coinbase announced it would list the token. Coinbase Adds Renzo Support Coinbase, one of the biggest cryptocurrency exchanges in the US, revealed plans to add support for Renzo (REZ), an Ethereum-based liquid restaking token. Trading is expected to begin on March 6th, 2025,…
Experts believe Bitcoin has hit its lowest point after a recent price crash. Let’s look at what they’re saying about the future of BTC. Bitcoin’s Price: The Bottom is In? Analyst Master Ananda thinks Bitcoin’s price has bottomed out after its big drop below $80,000. He points to the recent price action as a key…
A fake cryptocurrency, the “National Hong Kong Coin” (HKONG), was promoted on X (formerly Twitter) by an account pretending to be Hong Kong’s Chief Executive, John Lee Ka-chiu. This cleverly disguised scam used Solana’s Pump.fun launchpad and targeted the recent surge in popularity of political memecoins. The Scam Unveiled The imposter account, “@JohnLeeKa_Chiu,” announced the…
A meme coin platform called Pond.fun got hit hard – a whopping $230,000 worth of Ether (ETH) was stolen! The culprit? Apparently, one of their own. The Lead Engineer’s Shady Dealings It looks like Genesis, Pond.fun’s lead engineer, is the prime suspect. He allegedly used his special access to drain the platform’s liquidity pools. To…
Bitcoin’s price has been all over the place lately, but is adoption still growing? Let’s dive in. Small Fry Are In, Big Fish Are Out? A recent report from Santiment, an on-chain analytics firm, shows interesting trends in Bitcoin adoption. They looked at the number of Bitcoin addresses holding different amounts of BTC, dividing them…
