Cryptocurrency - Page 73 of 151

Bitcoin Rallies to $81K as Crypto Market Rebounds

Summary: Bitcoin increased 5.48% in the past 24 hours to $81,946.75 and took its market capitalization to $1.62 trillion. Trading activity also picked up with a 20.14% rise in 24-hour volume to $46.97 billion.

The general crypto market is recovering, with a market value of $2.64 trillion, up 1.84% from yesterday. Ethereum and XRP, other large cryptocurrencies, also registered slight gains.

YOU MIGHT ALSO LIKE: Chainlink’s Sergey Nazarov on White House Crypto Summit and U.S. Blockchain Leadership

This rally follows a recent slide driven by inflation concerns and Trump’s foreign policy initiatives. All expected a rally after the White House Crypto Summit but witnessed prices drop instead. The last biggest price rally came when Trump indicated a U.S. crypto reserve.

And now, with Bitcoin leading the pack, hope is trickling into the markets again. Investors remain hopeful but fingers crossed, waiting to see if this trend holds.

YOU MIGHT ALSO LIKE: VanEck Files for AVAX ETF, but Token Price Keeps Dropping

Chainlink’s Sergey Nazarov on White House Crypto Summit and U.S. Blockchain Leadership

Summary: Chainlink co-founder Sergey Nazarov had his say on the White House Crypto Summit, which was held for the first time at the behest of President Donald Trump on March 7, 2025. The summit reaffirmed the U.S. government’s resolve to position America as the world leader in blockchain and digital assets.

Nazarov highlighted the increasing take-up of stablecoins, whose 2-5% holdings of U.S. treasury market today mean that they can no longer be disregarded by regulators. He further indicated digital asset holdings, awareness among regulators, and greater intersection of DeFi and TradFi into on-chain markets.

YOU MIGHT ALSO LIKE: VanEck Files for AVAX ETF, but Token Price Keeps Dropping

In order to win in the world of crypto, America must build new, regulation-friendly digital assets that can coexist harmoniously on blockchain platforms. Chainlink is a part of this infrastructure with its decentralized oracle network and making proof of reserves and linkages of tokenized assets possible through CCIP.

As regulatory systems take form, the world’s blockchain ecosystem is closely observing how the U.S. will define digital asset innovation, which could become the model for the future of decentralized finance.

YOU MIGHT ALSO LIKE: Bubblemaps TGE Sees Massive 13,500% Oversubscription

VanEck Files for AVAX ETF, but Token Price Keeps Dropping

Summary: VanEck has submitted an Avalanche (AVAX) ETF filing in the United States, its fourth crypto ETF filing after Bitcoin, Ethereum, and Solana. The move comes as AVAX struggles, declining 55% in 2025 and a further 5% over the last 24 hours to $16.78. Although there were some expecting an XRP ETF to be filed first, VanEck’s action has been controversial. If approved, the AVAX ETF would institutionalize investment and liquidity for Avalanche.

VanEck, an international investment firm, has formally applied for an Avalanche ETF in the United States, joining its line of cryptocurrency investment products. The application, dated March 10, 2025, in Delaware under the number 10125689, reflects VanEck’s efforts to bring more digital asset ETFs to market.

YOU MIGHT ALSO LIKE: XRP Struggles at $2.09 as Sell-Offs Hit—Is More Pain Coming?

Avalanche is the latest cryptocurrency for which VanEck has submitted an ETF application to the U.S., following on from Bitcoin, Ethereum, and Solana. VanEck also submitted a Solana ETF last year and is among the first to openly adopt crypto-related investment products.

Avalanche, founded in 2020 by Ava Labs and led by Emin Gün Sirer, is a smart contract and dApps-centric blockchain network. It was among the top 10 cryptocurrencies and is currently 20th with a $7 billion market capitalization.

The timing of VanEck’s application is coincidental with a rough year for AVAX, down 55% this year. The token dipped another 5% in the last day to $16.78. There are some within the crypto community questioning why VanEck opted for an AVAX ETF rather than an XRP ETF.

YOU MIGHT ALSO LIKE: Bitcoin Crashes to $77K After Trump’s Crypto Reserve Plan—Altcoins Bleed Hard

VanEck is not alone in seeking crypto ETFs. In October 2024, Grayscale filed a request to convert its multi-coin fund—AVAX holding—into an ETF. If approved, a spot AVAX ETF would increase institutional adoption and liquidity for Avalanche.

Bubblemaps TGE Sees Massive 13,500% Oversubscription

Summary: Bubblemaps (BMT) wrapped up its Token Generation Event (TGE) with a staggering 13,500% oversubscription. Originally intending to offer 40 million BMT tokens for 1,503.42 BNB, the event saw around 202,990 BNB worth of subscriptions. Held on Binance Wallet, the TGE fueled speculation of a potential Binance listing, though no official word has been released. BMT is already listed on leading exchanges like MEXC, Kraken, and Bybit.

Bubblemaps, a blockchain analytics platform, has finished its Token Generation Event for its own token, BMT, with overwhelming subscription orders. The project had reserved 40 million BMT at $0.02 per token to be sold in order to raise 1,503.42 BNB but received some 202,990 BNB worth of subscriptions—13,500% more than expected. The event follows the recent $3.2 million funding round by Bubblemaps led by INCE Capital, Cryptorank.io reports.

YOU MIGHT ALSO LIKE: Ethereum Crashes 53% from Peak—Can It Recover or Drop Further?

Since TGE was executed on Binance Wallet, there has grown rumor of an impending Binance listing. Even though not made formally public, BMT already finds exchange trading on platforms like MEXC, Kraken, and Bybit.

Bubblemaps provides blockchain analysis as bubble clusters for token and NFT holdings so that users can detect wallet relationships, hidden whales, and suspicious activity. BMT is the native token of Bubblemaps and is both a utility and governance token, with it enabling features on the platform.

YOU MIGHT ALSO LIKE: China Unveils Manus AI, Rivaling DeepSeek in the Race for Advanced AI

For the tokenomics of BMT, 26.3% is allocated to ecosystem and community, 24.3% to investors, and 22.2% for adoption and early rewards airdrops. Liquidity reserves 12.2%, team receives 9%, and 6% is assigned to protocol development and R&D.

XRP Struggles at $2.09 as Sell-Offs Hit—Is More Pain Coming?

XRP dropped 3% to $2.09! Trump’s altcoin rule, market liquidations, and low demand are making things worse.

XRP just took another hit, dropping 3% in 24 hours from $2.25 to $2.09. It’s now down 34% since its January all-time high of $3.40.

What’s wrecking XRP? U.S.-China tensions are rising, and Trump’s new rule banning taxpayer money from buying altcoins isn’t helping. On top of that, a massive $697.45M liquidation wiped out a ton of XRP trades, per Coinglass.

💰 Low demand? Santiment reports only 4,516 new XRP wallets were created last Sunday—the lowest number this year. Less demand = less price recovery.

📉 Bearish market vibes:
Morgan Stanley’s Michael Wilson predicts a 5% stock market drop in H1 2025. If that happens, XRP and other cryptos could bleed even more as investors shift to safer assets like bonds.

XRP is holding its $2.10 support zone for now, but traders aren’t convinced. Short positions dominate ($372M vs. $114M in longs), meaning most traders bet XRP will keep falling.

Can XRP hold the line, or is a bigger crash coming?

Also Read: Bitcoin Crashes to $77K After Trump’s Crypto Reserve Plan—Altcoins Bleed Hard

Bitcoin Crashes to $77K After Trump’s Crypto Reserve Plan—Altcoins Bleed Hard

BTC tanked to $77K after Trump’s crypto reserve plan. Altcoins are bleeding double digits. Crypto market volatility is off the charts!

Bitcoin took a nosedive to $77K after Trump’s crypto reserve plan sent shockwaves through the market. Monday’s U.S. stock market dip only fueled the chaos, with the Dow Jones sliding 2.08 points.

BTC tumbled from $83,740 to $76,800 in the past 24 hours but slightly recovered to $81,530, per CoinMarketCap. Trading volume? A massive $59.56 billion in 24 hours.

But it’s not just Bitcoin—altcoins got wrecked. SOL, XRP, and ETH all dropped over 10%, with SOL crashing below $120 for the first time since March 2024.

Other notable altcoins taking hits: FET, LDO, UNI, and ENA (-10%), while ENS, PYTH, THETA, OP, and ARB lost 7% in the last 24 hours.

🚀 Trending Crypto Today:

ETH (Ethereum)
ARKM (Arkham)
AKT (Akash Network)
SOL (Solana)
XRP (Ripple)

📉 Biggest Losers:

LDO (-15%)
FET (-15%)
ENA (-13%)
UNI (-12%)
JASMY (-10%)

Total crypto market cap: $2.66T, with a 24-hour volume of $156.82B. The market’s wild—will bulls fight back?

Also Read: Dogecoin Drops 30%, Hits Lowest Price in Four Months Amid Market Sell-Off

Bitcoin Drops 4% as Trump Escalates Trade War With Canada

Summary: Bitcoin slipped 4.2% after President Donald Trump announced new tariffs on Canadian steel and aluminum, raising them from 25% to 50%. The move comes in response to Ontario’s 25% tariff on U.S. electricity. Trump also demanded Canada remove its high dairy tariffs and warned of further tariffs on Canadian automobiles by April 2. Markets reacted sharply, with the Dow Jones dropping nearly 600 points. Bitcoin briefly fell below $80,000 before recovering above $81,000.

Bitcoin and stock markets took a hit after President Donald Trump announced a tariff increase on Canadian steel and aluminum, citing Ontario’s 25% tariff on U.S. electricity. The new 50% tariffs are set to take effect on March 12.

YOU MIGHT ALSO LIKE: Dogecoin Drops 30%, Hits Lowest Price in Four Months Amid Market Sell-Off

Trump also called for Canada to eliminate its dairy tariffs, which range from 250% to 390%, and warned that if they remain, U.S. tariffs on Canadian automobiles will rise significantly by April 2. He claimed such measures would cripple Canada’s auto industry.

Adding to the controversy, Trump stated that “the only thing that makes sense” is for Canada to become the U.S.’s 51st state, eliminating all tariffs.

Markets reacted swiftly. Bitcoin fell 4.2% to dip below $80,000, while the Dow Jones lost nearly 600 points. The drop was also fueled by the administration’s announcement that no new Bitcoin purchases were planned for the national reserve. However, Bitcoin has since recovered above $81,000.

YOU MIGHT ALSO LIKE: Bitcoin Dips to $80K as Tariff Turmoil Sparks Market Panic

The tariff dispute follows previous trade tensions between the U.S., Canada, and Mexico, with both neighboring countries accusing the U.S. of violating trade agreements.

Ethereum Crashes 53% from Peak—Can It Recover or Drop Further?

ETH’s down bad—53% crash from $4,100. ETF outflows, tariffs, and high fees hurt. Will bulls fight back or fold?

Ethereum is still in freefall, dropping 53% from its $4,100 peak in December 2024. Now struggling at $1,878, ETH is trapped under intense selling pressure, according to CoinMarketCap.

Analysts say two big problems are dragging ETH down: U.S. import tariff fears and a slowdown in new projects due to high fees. “ETH’s lack of builders is a major red flag,” a Bitfinex analyst warned, adding that $1,800 is a key level to watch.

It’s not just ETH—Bitcoin also slipped to $80K, and some fear a drop to $70K. According to Nansen analyst Aurelie Barthere, this is a macro correction, meaning the whole market’s cooling off—but we’re still in a bull cycle.

Another ETH killer? ETF outflows. Investors yanked $119M from U.S. spot Ether ETFs last week alone, per Sosovalue data. Stella Zlatareva (Nexo) noted that ETH’s 20% drop broke its key $2,200 support, making recovery even harder.

But don’t lose all hope. VanEck still sees ETH hitting $6K in 2025—but for now, it’s survival mode.

Also Read: China Unveils Manus AI, Rivaling DeepSeek in the Race for Advanced AI

Dogecoin Drops 30%, Hits Lowest Price in Four Months Amid Market Sell-Off

Summary: Dogecoin has dropped 30% in the past month to a four-month low of $0.1735. Down 20% in the last week, in the past 24 hours alone, it has lost nearly 10%. Despite the price fall, Dogecoin remains in the top 10 cryptocurrencies based on market capitalization.

The sell-off comes as the crypto market struggles following Donald Trump’s “crypto reserve” announcement, which initially caused a surge in prices before leading to a broader downturn. Bitcoin and Ethereum have both declined, but Dogecoin has taken a sharper hit. The coin had previously benefited from optimism around Trump’s win and a government initiative humorously named DOGE, as well as continued backing from Elon Musk.

YOU MIGHT ALSO LIKE: FIFA Explores Launching Its Own Cryptocurrency Token

Over the last three months, Dogecoin has lost over 40% of its value, with heavy selling pressure.In the space of only 24 hours, almost $22 million in Dogecoin positions were wiped out. Nevertheless, fresh investment opportunities such as ETFs could offer hope, with Bitwise seeking a Dogecoin ETF and Grayscale releasing a Dogecoin Trust. Experts rate the possibility of approval for these funds at 75% for this year, and this would stabilize the price.

YOU MIGHT ALSO LIKE: Power Slap Partners with VeChain to Stream Global Events on YouTube

Until then, Dogecoin hovers in limbo, with dwindling buzz and ongoing sell-offs. Unless sentiment in the market changes, the coin will likely continue to fall.

Bitcoin Dips to $80K as Tariff Turmoil Sparks Market Panic

Bitcoin crashes to $80K in aftermath of Trump tariff drama. Bears dominate, volatility spikes—will BTC bounce back or fall further?

Bitcoin recently experienced a steep drop, falling to $80K over the weekend as Trump’s aggressive tariff push shook the market. With sell-offs intensifying, experts are bracing for more downside.

Post 7:00 p.m. ET, BTC nosedived 7% in 24 hours, hitting $80K before slightly recovering to $81,641. But BitMEX co-founder Arthur Hayes isn’t optimistic—he warns BTC could drop below $78K, thanks to heavy options positioning between $70K-$75K.

The 4hr chart is volatile, with Bitcoin struggling with $86K resistance and $81K support hardly holding. Huge red candles = massive sell-offs, small green spikes = abysmal buy attempts. ADX at 25 represents weak trend but lunatic volatility, with the bears still firmly in control.

If BTC fails to break above $82K, traders might double down on shorting. But if buy volume surges, a bullish comeback isn’t off the table.

Bottom line? Bitcoin’s on edge, and the next few days could decide if we see a relief rally or deeper crash. Stay strapped in.

Also Read: Binance Empowers Women in Crypto: A Bold Move for International Women’s Day