Cryptocurrency

Ethereum’s native token, Ether (ETH), dropped below $2,000 on March 10, and the altcoin has struggled to regain a position above the psychological level. While Bitcoin (BTC) and XRP (XRP) exhibited minor recoveries over the past 24 hours, Ether prices failed to display bullish momentum in the charts. The altcoin plummeted to a multi-year low…

The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds. In a slew of filings on March 11, the agency said it has “designated a longer period”  to decide on the proposed rule changes that would allow the ETFs to proceed. Among the affected ETFs…

US lawmakers are set for a heated debate on stablecoin regulation, with key industry leaders expected to outline their vision for the future of digital asset oversight. Charles Cascarilla, co-founder and CEO of stablecoin issuer Paxos, is scheduled to testify before the House Financial Services Committee, where he will urge lawmakers to establish “cross-jurisdictional reciprocity”…

Solana network revenue and total value locked onchain have collapsed in the past two months as interest in memecoins has continued to taper off.  Weekly network revenue on the Solana blockchain hit a record high of $55.3 million in mid-January amid the height of the memecoin minting frenzy.  However, revenue has since tanked 93% to…

Ethereum’s native token, Ether (ETH), witnessed its lowest weekly close since November 2023, highlighting just how much the top altcoin has struggled over the past few months. Ethereum 1-day chart. Source: Cointelegraph/TradingView In the past 83 days, it declined by 51%, translating to an average daily loss of approximately 0.61%. If the losses are compounded…

The total value of cryptocurrencies locked (TVL) in decentralized finance (DeFi) protocols has lost all its gains since Donald Trump was elected US president in November 2024. Following the US election, DeFi TVL rose to as high as $138 billion on Dec. 17, but had retracted to $92.6 billion by March 10, as noted by…

Bitcoin exchange-traded funds (ETFs) saw nearly $370 million worth of net outflows on March 7 as investors reacted to President Donald Trump’s plan for a US strategic Bitcoin reserve, according to data from Farside Investors.  The outflows indicate institutional investors are wary of Bitcoin (BTC) exposure after Trump’s March 6 executive order — which created…

The blockchain platform linked to United States President Donald Trump took the crypto market downturn as an investment opportunity, tripling its Ether holdings in a week ahead of the White House’s first Crypto Summit on March 7. Meanwhile, Solana was hit by nearly half a billion dollars worth of outflows in February as cryptocurrency investors…

Update (March 7, 10:00 am UTC): This article has been updated to reflect up-to-date information on the confirmed attendees of the first White House Crypto Summit and recent related events. As US President Donald Trump prepares to host the first White House Crypto Summit on March 7, more than 20 key industry leaders have been…

Social sentiment over Ether has hit a new low for the year as the price underperforms that of other cryptocurrencies; however, this could signal that it’s ready to bounce back, according to Santiment.  Santiment’s social sentiment tracker found that traders’ discussions about Ether on various social media channels like X, Reddit and Telegram are more…