Ethereum Dips Under $3000: What’s Driving the Slide?

ETH tanked to $2991 amid rising U.S. bond yields, inflation fears, and whale dominance, leaving traders worried about recovery vibes.



Ethereum (ETH) just got absolutely wrecked. It somehow managed to drop by 8% to $2991 before clawing back to $3017. Traders are trolling, “Is recovery even a thing now?”

The chaos started last Friday when unexpected U.S. interest rate data hit, sparking inflation fears. The Fed might not cut rates anytime soon, so crypto investors are feeling the squeeze. Plus, the U.S. job market added 256K jobs instead of the expected 160K, signaling a strong economy. While that’s great for traditional markets, it sent U.S. bond yields soaring, making risky investments like crypto way less attractive.

Ethereum’s been in a slump, falling from $3332 to $3196, and hasn’t stopped sliding. Analysts like Ali Martinez say resistance is heavy between $3360-$3450, with support hanging at $3066-$3160. Fun fact: three whale wallets control 43% of ETH’s supply, so they’re probably low-key steering the ship.

Meanwhile, whales are still stacking ETH. One just pulled 10K ETH (around $30.7M) from Binance, while large transactions spiked 70%. But with ETH supply creeping back to pre-merge levels and tight liquidity everywhere, ETH’s struggles are real.

TL;DR: Bond yields and whale games got ETH on thin ice. Will it bounce back, or is this the start of another dip?

Also Read: TON Blockchain Eyes US Growth Amid Trump Administration Policies

Twin Protocol Debuts $TWIN Token on BitMart Exchange

Twin Protocol drops $TWIN on BitMart! Trade globally, create AI Twins, monetize skills, and keep data secure with blockchain.

Twin Protocol is taking its mission to the next level by launching its native token, $TWIN, on the global crypto exchange BitMart. Starting January 13, 2025, users worldwide will be able to trade $TWIN, gaining access to the platform’s unique AI tools designed to create digital replicas of users, known as AI Twins.

In other words, AI Twins are a whole new, innovative way of knowledge sharing, customer service improvement, and monetizing expertise. Special digital versions of users can even model their very own personality traits, skills, and knowledge. It is a very powerful tool for mentoring, customer support, and beyond. One can train an AI Twin as easily as just uploading documents, recordings, or other data. When trained, the AI Twins can be shared publicly or via the soon-to-launch Twin Marketplace, where users can monetize their expertise in the form of $TWIN tokens.

Twin Protocol’s partnership with SingularityNET, a leading decentralized AI platform, ensures that data security and personalization are at the forefront. By leveraging blockchain technology, Twin Protocol gives users full control over their AI identities, making the platform secure and empowering.

This BitMart listing follows $TWIN’s launch on Uniswap in 2024 and marks another step toward making Twin Protocol’s tools widely accessible. With AI expected to drive massive economic changes in the coming years, Twin Protocol is giving individuals and businesses the tools to stay ahead while keeping their data safe.

Also Read: Pro-XRP Advocate John Deaton Pushes SEC to Publish Hinman Documents

Pro-XRP Advocate John Deaton Pushes SEC to Publish Hinman Documents

John Deaton gives SEC 10 days to release the Hinman report. This urged transparency on XRP and Ripple’s legal drama.



John Deaton, the lawyer repping XRP holders, just dropped a huge ultimatum on the SEC. In a recent live video, he told SEC Chairman Gary Gensler to release the controversial Hinman report within 10 days. Why the rush? The report includes the infamous 2018 speech from former SEC official William Hinman, where he said Ethereum wasn’t a security. This speech is a big deal for XRP holders, and Deaton believes releasing the report would clear up some major questions and help both sides move forward.

Deaton’s call for transparency isn’t coming out of nowhere. Empower Oversight, a watchdog group, has been pushing for an investigation into possible conflicts of interest tied to Hinman’s speech. The investigation wrapped up, and the results were sent to Gensler—but the public still hasn’t seen them. Deaton’s frustrated with the delay, saying the report is key to understanding the SEC’s stance on Ripple and the broader crypto market.

He’s not just asking the SEC to release the info—he’s urging XRP holders to apply pressure by contacting the SEC. Deaton believes public pressure could push the government to act and finally shed light on the Hinman report. This could really have a major impact on the Ripple case.

Read Similar Article: Ripple vs. SEC: Court Grants Request to Seal Critical Documents

Meta Pressured to Incorporate Bitcoin into $72B Treasury Holdings

Ethan Peck urges Meta to invest part of its $72B reserve in Bitcoin as a hedge against inflation and devaluation.



Ethan Peck, repping the National Center for Public Policy Research (NCPPR), just hit Meta with a bold Bitcoin proposal. He’s asking the tech giant to drop a slice of its $72B cash reserve into Bitcoin. Why? Peck says Bitcoin’s the ultimate flex against inflation and weak currencies, and it’s about time Meta stepped up.

This isn’t NCPPR’s first rodeo. Back in December of last year, they pitched the same Bitcoin idea to Microsoft, pushing the narrative that BTC is a boss-level hedge. They even slid into Amazon’s DMs, asking for 5% of its assets to go crypto—though let’s be real, Amazon’s probably ghosting that.

Peck’s hyping Bitcoin’s 2024 glow-up—it’s up 124%—while bonds are snoozing with weak gains. He thinks Meta’s got the guts to move beyond boring, old-school money moves. And hey, MicroStrategy’s crushing it with BTC, seeing its stock skyrocket 2,191% over five years. If Meta takes the leap, it could lowkey unlock some major shareholder wins.

Meta’s been a trendsetter in tech forever, so NCPPR’s saying, “Why not be the first major player to adopt Bitcoin in your treasury?” With inflation biting and Bitcoin booming, it’s Meta’s moment to shake up the game—or miss out.

Also Read: Heritage Distilling and Five Other Companies Embracing Bitcoin

Ripple vs. SEC: Court Grants Request to Seal Critical Documents

Ripple scored a win after the judge approved sealing key docs in its SEC battle. XRP price rose slightly amid appeal prep.



The Ripple-SEC saga just took yet another dramatic turn, as Judge Phyllis J. Hamilton granted the seal of some pivotal court documents. This move has been in the pipeline, pushed by Ripple CEO Brad Garlinghouse and the SEC, in a bid to keep sensitive information close to their chests as the case heats up for appeals. Sealed documents will include exhibits tied to summary judgments and expert testimonies.

Both Ripple and the SEC made solid arguments under the Ninth Circuit’s “compelling reasons” rule, which balances privacy with public access. Ripple asked to seal eight exhibits related to their wins and 56 opposing the SEC’s motions. Plus, the SEC wanted parts of its expert testimony hidden. The judge called it fair, especially with the stakes so high.

Ripple snagging this small victory keeps the momentum on their side. Remember when Ripple won the major ruling that XRP isn’t inherently a security? That was a huge L for the SEC. But the SEC isn’t backing down, with a big appeal in the works that could reshape crypto regulation.

XRP prices climbed 1.7% and hit $2.31, plus analysts are also predicting more movement soon. And those wild rumors about Trump meeting Garlinghouse? If true, it might flip the script in Ripple’s favor. Stay tuned—this case is a game-changer for crypto.

Also Read: Thailand Police Bust Bitcoin Mining Operation Stealing Millions in Power

User Faces $208k Fee for Solana Transaction Shocker

A Solana user paid a wild $208k fee by mistake, showing how blockchain errors can cost big time. Double-check, folks!



A Solana user recently paid a jaw-dropping $208,692 fee (1,068 SOL) for a transfer of just $95k worth of assets. Ouch! The transaction took place on 8th of jan this year, where 495.5 SOL (around $94,837) was sent from one wallet to another. But the kicker? The transaction fee was a whopping 1,068 SOL, with most of it being a priority fee.

Solana’s best known for its low fees, usually around $0.00025 per transaction. This means its definitely an outlier. The massive fee likely happened because the user selected an insanely high priority fee, thinking it would speed up the process. But with Solana’s high throughput, most transactions get confirmed fast without that extra push.

This isn’t the first time we’ve seen crazy blockchain fee mistakes. About a decade ago, a Bitcoin user accidentally paid 291 BTC (about $137k at the time), and in the pandemic era, an Ethereum transaction had a 10,668 ETH fee ($2.6 million).

Moral of the story: always double-check your transaction details! Blockchain transactions are irreversible, and mistakes can be expensive. This incident shows why user education and smarter transaction systems are a must for the crypto world. Stay safe out there!

You might like: Zypto Integrates Pi Network Wallet for Enhanced User Experience

Zypto Integrates Pi Network Wallet for Enhanced User Experience

Zypto’s adding Pi Network wallets, letting Pioneers make transactions, shop, and dive into DeFi when Pi hits Open Mainnet in 2025!

Zypto, the crypto app and payment gateway, is gearing up to be the go-to third-party wallet for Pi Network fans. If you’re a Pi Pioneer, get hyped—this move could change how you use your Pi coins for good.

The app is all about keeping it smooth and decentralized, bringing easy transactions and DeFi vibes right to your fingertips. Zypto’s already submitted the paperwork to lock in its place in the Pi ecosystem and is dropping hints about a big announcement soon.

So, what’s the tea? Once Pi Network hits its Open Mainnet (looking like early 2025), Zypto plans to go full send as a wallet and payment hub. Pioneers will be able to send, receive, and even spend Pi coins to buy stuff straight from the app. Basically, it’s giving Pi coins real-world glow-up potential.

But wait, there’s more. Zypto’s roadmap has us curious—what about security, features, and how tight it’ll integrate with Pi? They’re playing it close to the chest for now but promise updates soon.

Bottom line: Zypto’s move is a big W for the Pi Network, giving Pioneers even more reasons to flex their Pi coins. Stay tuned!

You might like: Andrew Tate Launches BRUV Party with Bitcoin Agenda

Ripple’s RLUSD Stablecoin Sees 2,000% Jump in Trading Volume

Ripple’s RLUSD stablecoin sees a 2,000% surge in trading volume, raising concerns about liquidity and market manipulation.

Suddenly, the volume of its stablecoin, RLUSD, skyrocketed through the roof 2,000%, which is now over $611 million in trading volume. That catapulted the ranking of this stablecoin into the top 4 most traded stablecoins out there and immediately made it the talk of the town among crypto investors and enthusiasts alike.

It follows Ripple’s minting a record 1.79 million RLUSD tokens on Ethereum, while in the last 24 hours, a total of 6.7 million RLUSD tokens were transferred across different chains combined. Also large exchanges such as Bitstamp has joined in to make transfers in millions with the RLUSD whales as well.

Ripple isn’t just riding the wave of growth but is making sure RLUSD is trustworthy too. The company has issued nearly $80 million in RLUSD, backed by $83 million in reserves, and plans to release a full audit report later this month. This will be reviewed by independent auditors to ensure RLUSD is as secure and backed as claimed.

Ripple’s financial strength, including over $100 billion worth of XRP, gives them a solid base. However, despite the hype, there are concerns. Around 96% of RLUSD’s volume is on the Bullish platform, sparking questions about liquidity and market manipulation.

Ripple plans to address these issues with an upcoming report. If RLUSD keeps growing, it could become a major force in crypto, but investors should stay aware of potential risks.

You might like: BiG Bank in Portugal Suspends Fiat Payments for Crypto Transactions

Gelephu City Pioneers Crypto Integration in Bhutan’s Reserves

Gelephu Mindfulness City, Bhutan’s new SAR, adopts BTC, ETH, and BNB into reserves for the dual purpose of increasing blockchain adoption and strengthening economic resilience.



Gelephu Mindfulness City, Bhutan’s fresh new Special Administrative Region (SAR), just pulled a power move. It officially declared adding Bitcoin (BTC), Ether (ETH), and BNB to its strategic reserves. Yep, GMC is now one of the first places in the world flexing crypto in its official financial game plan.

Why the switch-up? GMC is all about staying ahead. Adding digital assets is part of its strategy to diversify and build economic resilience. These cryptocurrencies are not just hype—they’re highly liquid, secure, and can be traded with minimal drama. The city is also doubling down on its love for blockchain tech and digital innovation.

Positioned on South Asia’s buzzing trade route, GMC aims to tap into a market of over 2 billion people. Its focus? Becoming a hub for blockchain tech and next-gen solutions.

Backing this bold move is GMC’s shiny new law—‘Application of Laws Act ’—which sets the stage for crypto-related businesses to thrive in a safe, regulated space.

And that’s not all. Come March this year, GMC will host a global summit, bringing together top leaders to chat about digital assets in national reserves. The city’s vision? To become a trendsetter in the crypto and blockchain space. Bhutan is leveling up, and it’s all eyes on GMC!

You might like: Hackers Steal $840K from Orange Finance on Arbitrum

Peter Brandt Predicts a Potential Massive Crypto Crash in 2025

Peter Brandt warns a HUGE 50% Bitcoin crash is coming this year. His predictions include major losses for over-leveraged traders and altcoins.

Peter Brandt, a trader with more than 50 years of experience has raised some serious red flags regarding the current state of the crypto market.Even though last year’s end were Bitcoin’s best days, managing to peak at $108K, Brandt still thinks some correction is to be made and its coming down this year.

He thinks Bitcoin could drop as much as 50%, potentially falling to $50,000. But it’s not just Bitcoin he’s concerned about. Brandt is predicting altcoins will lose up to 90% of their value, and meme coins might lose everything. His biggest piece of advice? Don’t get too caught up in the hype. A lot of newer traders, especially those who’ve gone way too far with leverage, could be in for a brutal wake-up call when the market shifts.

While Brandt is cautious, not everyone agrees with his outlook. Some analysts believe Bitcoin could hit $200,000 by 2026, and others expect a smaller increase to around $120,000 to $125,000 in the short term.

Brandt himself owns both Bitcoin and Solana, but he’s not expecting either to have another explosive run like they did back in the day. He even joked about it casually, comparing his investments to safer, more traditional stocks, like Kimberly-Clark.

What he truly wants everyone to learn is that crypto market is very unpredictable. The recent rally in Bitcoin is exciting, but Brandt warns traders to keep their heads level and be prepared for a correction—because in crypto, anything can happen.

Also Read: Crypto Trader Gets Scammed Out of $520K in LINK by Fake Bridge Hustle

Exit mobile version