[ad_1] Ethereum warns of a potential downfall to $1,897 as sellers are on the verge of breaching the $2,000 bullish support. As Bitcoin dropped to nearly $80,000, Ethereum is back to retest its $2,000 psychological support. With a 24-hour low at $1,988, Ethereum is fluctuating close to the $2,000 mark. Currently, Ethereum trades at a market price of $2,062 with an intraday recovery of 2.12%. Will this short-term intraday recovery help Ethereum overcome the recent 8% crash? Let’s find out. Ethereum Targets $1,897 After 20% Drop Last Week Amid the recent market crash, liquidations in Ethereum long positions have risen…
Author: NBTC
[ad_1] lt’s yet another Sunday selloff in crypto, with bitcoin (BTC) looking set to retest its 2025 low of just about $78,000. At just past 7:00 pm ET, bitcoin had slumped to exactly $80,000, down 7% over the past 24 hours. The world’s largest crypto did manage the most modest of bounces from there, trading at $80,700 at press time. Ether (ETH), solana (SOL) and XRP (XRP) were lower by similar amounts, while cardano (ADA) and dogecoin (DOGE) had plunged closer to 12%. “There could be a little disruption,” said U.S. President Donald Trump in a Fox News appearance on…
[ad_1] Elon Musk, CEO of Tesla and SpaceX, has sparked a dramatic surge in Dogefather-themed tokens with his latest post on X (formerly Twitter). Musk’s posts, particularly those mentioning meme coins or his nicknames, frequently spark considerable attention on social media, owing to his extensive following and strong influence within the crypto community. Musk Triggers Dogefather Price Rally Musk posted an image of himself on X, holding a chainsaw with the text “The Dogefather” prominently displayed in the background. “This is a real picture,” the caption read. The term “Dogefather” is a long-standing nickname for Musk in the cryptocurrency community.…
[ad_1] Custodia Bank founder Caitlin Long hopes a new lawsuit would unearth more details on debanking under former President Joe Biden’s regime. The Trump Organization has sued Capital One Bank for allegedly closing over 300 bank accounts in 2021 “without cause” as tech bigwigs and crypto leaders lamented the debanking crisis during previous administrations. Today, the Trump Organization filed a lawsuit in Miami-Dade County against @CapitalOne to hold the bank accountable for their egregious conduct in unjustifiably terminating over 300 of the company’s bank accounts without cause, in 2021. The decision by Capital One to “debank”… — Eric Trump (@EricTrump)…
[ad_1] Bitcoin ($BTC) is experiencing a significant decrease in its volatility. As per the data from Glassnode, Bitcoin’s volatility has reached multi-year lows, triggering speculations about a likely major development in the next weeks. The crypto intelligence platform took to its official X account to share the present downturn in Bitcoin volatility. #Bitcoin’s 1-week realized volatility has collapsed to 23.42%, nearing historical lows. In the past four years, it has dipped lower only a few times – e.g., Oct 2024 (22.88%) & Nov 2023 (21.35%). Similar compressions in the past led to major market moves: https://t.co/B67xEqy8Rm pic.twitter.com/XRaGCNXR6d — glassnode (@glassnode)…
[ad_1] South Korean financial experts and opposition politicians urged the country to integrate Bitcoin into its national reserves and develop a won-backed stablecoin at a forum held last Wednesday. The seminar, hosted at the National Assembly by the main opposition Democratic Party, analyzed potential responses to U.S. moves for a national reserve centered on Bitcoin, according to initial reporting from local media outlet The Korea Herald. The discussions came a day before President Donald Trump signed an executive order to establish a Bitcoin Reserve and crypto stockpile late Thursday. By Friday afternoon, the White House hosted its inaugural crypto summit,…
[ad_1] Founder Charles Hoskinson has insisted that ADA, the native token of the Cardano ecosystem, will always remain deflationary. In a recent podcast from Colorado, Hoskinson addressed several issues affecting the new government model in the Cardano ecosystem. One is the hanging issue surrounding the ecosystem’s treasury management. Notably, crypto pundit and Cardano enthusiast “Angry Crypto Show” highlighted an interesting comment from Hoskinson. In a Friday tweet, he shared a clip from the podcast where the Cardano founder inferred that ADA will always be deflationary. Working Model to Combat a Possible ADA Inflation Hoskinson highlighted that infrastructures are in place…
[ad_1] WASHINGTON, D.C. — President Donald Trump assured the crypto sector that it’s on new ground in a first-ever summit at the White House on Friday, illustrating what the industry suspected: It’s got friends at every level in Washington. “I know that many of you have been fighting for years for this, and it’s an honor to be with you at the White House,” Trump said as the White House meeting got underway.In his brief statement, Trump said he would end his predecessor’s “war on crypto,” praised lawmakers’ legislative efforts and discussed his new Bitcoin reserve. “Regulators strong armed banks.…
[ad_1] Justin Bons, founder and Chief investment officer of Cyber Capital, warns against investing in Bitcoin, calling it “fool’s gold.” In a detailed post on X, Bons described Bitcoin as an emperor without clothes and more of a meme coin, cautioning traders not to take their BTC investments seriously. Bons argues that BTC is no longer sustainable, especially after having lost its desirable qualities According to Bons, BTC has lost all its attractive qualities, so it won’t last very long. He argued that without capacity, scarcity, privacy, DeFi, or long-term security, the asset has “no legs to stand on.” He…
[ad_1] Rapper and designer Ye, better known as Kanye West, is set to launch his own cryptocurrency token, YZY, despite his past criticism of crypto projects and ongoing controversy over his public statements. Ye Plans YZY Crypto Token Despite Previous ‘Coin’ Criticism According to multiple sources familiar with the project, 70% of the YZY token supply will be allocated directly to Ye, with only 10% set aside for liquidity and 20% for investors. The token is designed as an official currency for fashion brand Yeezy and will be accepted as payment on its website. Ye’s move into cryptocurrency comes after…