Crypto prices today (March 4): Bitcoin (BTC) price once again crashed to the $83K level on Tuesday, reversing recent gains post-Donald Trump’s crypto reserve announcement. Ethereum (ETH), XRP, and Solana (SOL) prices also crashed 14%-20% intraday. Notably, this waning action comes amid broader trends, such as the crypto market witnessing a bloodbath amid massive liquidations and broader trends. Crypto Prices Today: Here’s Why BTC, ETH, XRP, & SOL Slumped Notably, CoinGape reported that the current crypto market crash is attributable to BTC facing the heat amid CME gaps and coins facing liquidity setbacks. The cryptocurrency sector lost nearly 10% value, as indicated by a global market cap of $2.76 trillion. Coinglass data indicated that liquidations in the past 24 hours totaled slightly over $1 billion. In turn, BTC, ETH, XRP, and SOL prices face immense heat despite Donald Tyump’s optimistic crypto reserve announcement. BTC Price Reverses Gains BTC price once again backtracked to $83,738 on Tuesday, falling nearly 10%. The flagship coin hit an intraday low and high of $82,467.24 and $93,664.05, respectively. Bitcoin’s price has dipped amid $396.16 million worth of liquidations in the past 24 hours. Nevertheless, the coin’s market dominance remained up by 0.68% to 60.40%, signaling altcoins bore the brunt of broader trends. ETH Price Crashed 15% ETH price tanked nearly 15% in the past 24 hours, closing in at $2,076. The coin’s intraday bottom and peak were $2,004.21 and $2,453.65, respectively. Ethereum’s waning action falls in line with $209.58 million liquidated in the past 24 hours. The second-largest crypto by market cap further saw its dominance slipping to 9.1% amid broader sector volatility. XRP Price Plunges 18% XRP price crashed 18% in the past 24 hours, exchanging hands at $2.29. The coin hit a bottom and peak of $2.23 and $2.82 over the past day. The Ripple-backed asset’s slumping action aligns with $62.88 million liquidated in the past 24 hours. SOL Price Drops 20% Solana price crashed even harder, losing 20% value and trading at $136. Its intraday bottom and peak levels were $134 and $170, respectively. Solana recorded liquidations worth $70.55 million, aligning with the volatile intraday action. Meme Crypto Prices Mirror Downtrend Simultaneously, Dogecoin (DOGE) price cracked over 15% and exchanged hands at $0.1917. Shiba Inu (SHIB) price plummeted 13% in a day, reaching $0.00001260. Also, Pepe Coin (PEPE) price crashed 18% and is sitting at $0.000006907. Overall, the meme coin market is primarily following the broader market trend, with DOGE recording over $20 million in liquidations today. Top Gainer Crypto Prices Today Pi (PI) Price: 24-Hour Gains: PAX Gold (PAXG) Price: 24-Hour Gains: Tether Gold (XAUt) Price: 24-Hour Gains: Top Loser Crypto Prices Today Cardano (ADA) Price: $0.7998 24-Hour Loss: -25% Sonic (S) Price: $0.5419 24-Hour Loss: 25% Official Trump (TRUMP) Price: $12.31 24-Hour Loss: -23% Overall, the current market sentiment remains uncertain as crypto prices faced severe volatility despite a strategic crypto reserve announcement by Donald Trump. The post Crypto Prices Today (March 4): BTC Backtracks To $83K, Altcoins Crash Harder appeared first on CoinGape .
The post Checking Your Wallet for Contaminated Assets appeared first on Coinpedia Fintech News Recently, cases of funds being blocked by exchanges under the pretext of AML checks have become more frequent. Any cold wallet receiving USDT could be at risk. You deposit USDT from your wallet to an exchange , and suddenly, your funds get blocked due to an AML check . This leads to a long dispute with support, where you have to prove that you are not involved in any illegal activities. Such disputes with customer support can last up to 6 months . Why deal with such problems? Check your USDT in advance for sanctions and risks using any service from this list: https://amlscreening.center/ You will receive a detailed report on the contamination level of your assets, as well as recommendations on which exchanges might pose a risk for your funds. Additionally, subscribe to our private channel , where we share strategies to multiply your capital without risk: https://t.me/+bhUbOplI-qgxNjY0 USDT Blockchain Precedents: Lessons Not To Ignore – Bitfinex exchange asset freeze in 2018 Bitfinex, one of the largest cryptocurrency exchanges, came under investigation in 2018. The US froze the exchange’s funds, including large amounts of USDT, due to suspected financial regulatory violations. This caused panic in the market and led to losses among users whose funds were linked to suspicious transactions. – Confiscation of funds worth $30 million in 2021 In 2021, Tether Limited, the issuer of USDT, froze $30 million in funds related to suspicious transactions at the request of law enforcement agencies. In this case, even users who may not have been involved in illegal activity but were involved in the transaction chain were affected. These cases emphasize the importance of dealing with “clean” cryptocurrencies whose origin is not linked to illegal activity. Verifying the purity of cryptocurrency is a necessity The cryptocurrency market is increasingly facing increased regulation and scrutiny from regulators. Verifying the purity of USDT and other cryptoassets is becoming a key step to ensure security and regulatory compliance. 1. Ensuring security Verifying the purity of USDT helps to identify links to illegal activities such as money laundering or terrorist financing. Having a “tainted” cryptocurrency in your wallet can lead to the freezing or confiscation of funds. It is a way for companies and private investors to protect their assets and minimize risk. 2. Regulatory Compliance Many countries are tightening cryptocurrency regulation with strict anti-money laundering (AML) requirements. Utilizing cryptocurrency verification services can help you comply with regulations and avoid fines, penalties, and blocked funds. This is especially important for companies operating in international jurisdictions. Secure cryptocurrency solution – crystal analytics of our service In the context of growing risks and increased regulation, checking cryptoassets for AML compliance is a necessary step in dealing with this type of financial assets. We are pleased to introduce you to our free AML SCREENING CENTER service, which brings together the best proven tools for transaction and wallet verification. This service will help you verify any cryptocurrency assets for “cleanliness”, reducing the likelihood of problems with regulators or freezing of funds. Our website provides reviews of various services for verifying transactions and wallets, including those for verifying cryptocurrencies for AML compliance. And in our private channel you will find the most advanced news about crypto regulation by regulators, market reviews from recognized experts and a lot of useful information to increase your capital without risk.
The post Why Is Crypto Market Down Today? appeared first on Coinpedia Fintech News The crypto market is feeling the heat again, with Bitcoin, Ethereum, Dogecoin, and XRP all taking a major hit. Bitcoin has fallen by 10%, Ethereum by 15%, and XRP by 17%. The selloff is being driven by concerns over President Trump’s tariffs and growing fears of a potential recession. Crypto analysts say Bitcoin’s price drop is due to CME gaps. Analyst Hardy pointed out that Bitcoin filled one gap today but needs to drop to $85,000 to fill another, with a bigger gap at $77,900 still open. He believes filling these gaps will pave the way for Bitcoin’s next rally. Titan of Crypto also sees a pullback before Bitcoin moves up again, which seems to be happening now. As per The Kobeissi Letter , between 10:00 AM and 3:30 PM ET, the S&P 500 erased a whopping $1.5 trillion in market cap. Notably, the selling pressure began ahead of Trump’s ‘investment announcement.’ The investment announcement began on a strong note, with Taiwanese semiconductor company announcing a $100B investment in the US. The move is expected to generate “hundreds of billions of dollars” in economic activity. Further, President Trump confirmed that 25% tariffs on Canada and Mexico will start tomorrow, March 4th, where markets had hoped these tariffs would be delayed again. Adding to the concerns, shortly after, the White House announced that President Trump signed an Executive Order raising tariffs on China to 20%. This marks a 20% increase in China tariffs over the past two months. https://twitter.com/KobeissiLetter/status/1896675818367246716 Crypto markets took a sharp dive as no new details on the US Crypto Reserve emerged. Nearly $300 billion was wiped off the market cap, erasing most of yesterday’s gains. Besides, Trump’s announcement that the crypto reserve will include altcoins like Solana, Cardano, and XRP surprised many, who expected only Bitcoin to be included. Mixed reactions are adding to the market crash, as investors question the reserve’s credibility. Ethereum has now erased all of its post-crypto reserve announcement gains. Prior to Sunday’s news, ETH was at $2,170, and it’s now dropped to a new low of $2,094, which is 3.5% lower than before Trump’s announcement. Altcoins like Ethereum, Dogecoin, and XRP are falling as they closely follow Bitcoin’s price movements. As the trade war intensifies, the US average tariff rate is set to reach levels not seen since the Great Depression, potentially rising above 20%. This doesn’t even account for the possible 100% tariff on BRICS countries. With all this volatility, big opportunities are on the horizon for traders.
HodlX Guest Post Submit Your Post As someone with deep experience in cross-chain crypto exchanges within Telegram mini-apps, I’d like to share my insights on the current state of crypto security and key measures to prevent cyber attacks. The recent hack of the Bybit Exchange on February 21, 2025, has once again highlighted the significant impact of cyber attacks on the cryptocurrency market . This incident – which resulted in the theft of approximately $1.5 billion worth of Ethereum (ETH) – stands as the largest digital heist in cryptocurrency history. Let’s examine some interesting statistics and data surrounding cyber attacks in the crypto space and their consequences. Scale and frequency of attacks and market impact The Bybit hack is part of a worrying trend of increasing cyber attacks on cryptocurrency platforms. In 2024, North Korea-linked hackers alone stole approximately $1.34 billion in 47 incidents, a 102.9% increase from the $660.5 million stolen in 20 incidents in the previous year. The Bybit hack in 2025 has already surpassed the entire amount stolen by North Korea in 2024 by nearly $160 million . The immediate market reaction to the Bybit hack demonstrated the volatility that such incidents can cause, including the following. ETH dropped 4.2% from $2,828 to $2,708 within minutes of the announcement. A brief rebound of 3.4% followed, bringing the price back to $2,759. The initial drop in the ETH price was followed by a quick rebound, fueled by speculation that Bybit would have to buy back ETH on a one-to-one basis to compensate affected users. Bybit has secured a bridging loan for 80% of the lost ETH, as clarified by Ben Zhou, co-founder and CEO of Bybit, during a live stream. He also stated that Bybit had no immediate plans to buy large amounts of ETH on the spot market. This news caused a rapid shift in market sentiment from bullish to bearish, due to concerns that the hacker would sell the stolen ETH and a general increase in risk aversion among investors. Types of cyber attacks While previous major hacks have often targeted vulnerabilities in smart contract code or cross-chain bridges, the Bybit incident represents a shift towards targeting the human element. The attackers used social engineering tactics to compromise the exchange’s user interface. They manipulated cold wallet signatories to authorize malicious transactions. This trend is consistent with research showing a shift from traditional security attacks to more sophisticated methods. In terms of the amount stolen by type of victim platform, 2024 also showed interesting patterns. In most quarters between 2021 and 2023, DeFi (decentralized finance) platforms were the main targets of crypto hacks. It’s possible that DeFi platforms were more vulnerable because their developers tend to prioritize rapid growth and getting their products to market over implementing security measures, making them prime targets for hackers. Although DeFi still accounted for the largest share of stolen assets in Q1 2024, centralized services were the most targeted in Q2 and Q3. This shift in focus from DeFi to centralized services highlights the increasing importance of security mechanisms commonly exploited in hacks, such as private keys. Private key compromises accounted for the largest share of stolen crypto in 2024 – at 43.8%. For centralized services, ensuring the security of private keys is critical as they control access to users’ assets. User education – A critical component While exchanges bear significant responsibility for security, user education plays a critical role. Comprehensive education initiatives should equip users with the knowledge to do the following. Create and manage strong, unique passwords Recognize social engineering tactics and phishing attempts Understand the importance of regular backups In conclusion, the Bybit hack is a stark reminder of the ongoing security challenges in the cryptocurrency space. As the market continues to grow, so too will the methods used by hackers. It is imperative that the industry stays ahead of the curve by adopting advanced technologies, fostering collaboration and continuously educating users. By implementing comprehensive security measures and remaining vigilant, we can work towards creating a safer environment for all participants in the crypto ecosystem. Valeriy Yasakov is the CEO of The One , a pioneering mini app on Telegram designed for crypto trading. A visionary entrepreneur, Valeriy combines technical expertise with strategic foresight to drive advances in decentralized financial and trading solutions through his leadership roles. Check Latest Headlines on HodlX Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Cybersecurity Wake-Up Call – Lessons From Bybit’s $1.5 Billion Breach appeared first on The Daily Hodl .
The SEC’s proactive approach towards crypto regulation reflects a significant shift, with upcoming discussions aimed at legally defining digital assets. Clear definitions and regulatory frameworks could potentially stabilize the volatile
The SEC will hold a series of discussions on how it should approach crypto, with its first later this month looking at how to legally define digital assets.
Former Binance CEO Changpeng Zhao (CZ) has floated a new idea for token issuance that aims to address one of the biggest challenges in crypto: market flooding. Under this new tokenomics model, token unlocks will be triggered only after specific conditions tied to time and price are met. Conditional Token Unlocks The Binance founder’s ‘crazy idea,’ shared in a March 1 X post , would have only 10% of tokens initially unlocked for sale while the remaining 90% remains untouched. He stated that the proceeds from the sale would be allocated to development costs, marketing, salaries, and community building. A key feature of this approach is that future token unlocks would be subject to strict conditions. Zhao explained that each release must take place at least six months after the previous one and on the condition that the new price has sustained at least twice the previous unlock price for more than 30 days. Additionally, the maximum amount of tokens that can be released at each stage is limited to five percent of the total supply. Using an example to illustrate the concept, he outlined a scenario where a token created in January at an initial price of $1 would not be eligible for an additional unlock in June unless the price had exceeded $2 for at least 30 days. If this condition was met on August 3 with the price at $3, the next unlock could not happen until March 3 of the following year and only if the price had risen to at least $6 for the required period. Project teams would have the discretion to delay or reduce the size of each stage but would not be able to shorten the waiting period or increase the percentage of tokens released. Zhao stated that this model avoids the problem of coins entering the market when prices are low and incentivizes project teams to focus on long-term growth. CZ Clarifies He Has No Launch Plans While introducing the idea, Zhao also mentioned that he had no plans to launch a new coin. He also admitted that even though the model was innovative, it was not a one-size-fits-all solution. His proposal comes at a time when concerns over pump-and-dump schemes in the crypto market are growing, particularly following the recent collapse of the LIBRA token. The incident saw LIBRA’s price surge to nearly $5, pushing its market capitalization beyond $4 billion before plummeting to cents and wiping out more than $4.4 billion from its value. The former CEO has previously voiced his displeasure over market manipulation and pledged support for victims of fraudulent schemes. In line with this, he has donated tokens he received from anonymous market participants to compensate victims of the Test (TST) and Broccoli projects. The post CZ Proposes Price-Triggered Token Unlock Model to Curb Market Dumping appeared first on CryptoPotato .
Vincent Van Code, a software engineer and cryptocurrency enthusiast, recently shared a perspective on X regarding the fundamental difference between Bitcoin (BTC) and XRP. Vincent’s tweet compared BTC to gold and XRP to palladium, emphasizing their distinct value mechanisms. This analogy has sparked discussions among users, leading to clarifications and counterpoints regarding the utility of gold and how BTC maintains its price. BTC and XRP: Different Value Propositions In the post, Vincent Van Code highlights the core distinction between two digital assets with vastly different market dynamics. According to his analogy, BTC derives its value primarily from scarcity and investor sentiment, much like gold. Here is a great analogy to help you understand the key difference between BTC and XRP. Please note I am not saying XRP is better than BTC, I am just trying to state the difference between to very different asset classes Gold and Bitcoin (BTC) derive value primarily from… — Vincent Van Code (@vincent_vancode) March 2, 2025 Gold has historically been a store of value, with most of its demand driven by hoarding from governments and financial institutions rather than its industrial applications. Likewise, Bitcoin’s value is sustained largely through continued buy-in from investors who believe in its long-term appreciation. On the other hand, XRP is compared to palladium, a metal that derives most of its demand from industrial use, particularly in catalytic converters. The argument is that XRP, much like palladium, maintains demand through real-world applications—specifically, in facilitating fast and cost-effective cross-border payments. This distinction implies that while BTC’s price relies on continuous investor interest, XRP’s value is supported by actual usage in financial transactions. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Community Responses and Clarifications Following Vincent’s post, several users engaged in the discussion. One user, Michael Graziano, challenged the comparison by pointing out that gold is not merely a speculative asset but also has various industrial applications. He noted , “Not to be an asshat, but gold has massive use cases outside of jewelry. Electronics, aerospace, the glass industry (where I work), medical, dentistry, etc. It doesn’t rust, great conductor…” This comment introduced a nuance that gold, unlike Bitcoin, has a portion of its demand stemming from its functional use in multiple industries. Vincent acknowledged the point, responding , “No you didn’t, you’re right. 10% of gold demand is consumed in manufacturing. The other 90% scarcity is thanks to hoarding by governments, banks, etc. The price of gold is one of the biggest scams in the world. Hint hint” His reply reinforced his original argument that the vast majority of gold’s value is derived from its status as a hoarded asset rather than its industrial applications. Potential Impact on the Crypto Market This discussion highlights an ongoing debate within the cryptocurrency community regarding how different digital assets sustain their value. BTC, often called “digital gold,” relies on scarcity and investor perception, much like precious metals historically used as stores of value. The continued interest in Bitcoin depends on a belief in its future appreciation, making it susceptible to fluctuations driven by market sentiment. In contrast, XRP’s use case is positioned as a medium for real-time settlement and liquidity in financial markets. If demand for cross-border payments and financial institutions’ use of XRP increases, its value may be supported by actual transaction utility rather than speculative holding. This distinction could influence long-term adoption trends, particularly if real-world utility becomes a dominant asset valuation factor. Understanding these differences may become increasingly important for developers and financial institutions as cryptocurrency markets mature. Whether an asset’s value is derived from scarcity or utility will likely play a crucial role in its long-term sustainability. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Understanding the Key Difference Between XRP and Bitcoin appeared first on Times Tabloid .
Binance supports a key upgrade on the Terra network scheduled for March 4, 2025. Deposits and withdrawals will be temporarily suspended during the upgrade process. Continue Reading: Binance Prepares for Major Terra Update: What Users Need to Know The post Binance Prepares for Major Terra Update: What Users Need to Know appeared first on COINTURK NEWS .
The post XRP Price Prediction For March 4 appeared first on Coinpedia Fintech News Ripple’s XRP is currently down by more than 18% and is trading at $2.30 levels. The broader market sentiment has turned red after a brief rally which saw Bitcoin hitting $95k. According to analyst Josh of Crypto World, XRP is following the trends of Bitcoin and the broader stock market. After a short-term price pump, XRP recently experienced a pullback, particularly after briefly breaking above the resistance zone between $2.65 and $2.80. However, the price is now back below this level, Key Support and Resistance Levels The next important support zone for XRP lies between $2.25 and $2.30. If the price bounces here, there could be a short-term recovery. However, if it breaks below $2.25, a further drop towards $2 or even the $1.95-$2.05 range is likely. This zone will be critical for XRP in the near future. Price Structure and Indicators On a more positive note, there are some signs of bullish price action. XRP has formed higher highs in both price and RSI (Relative Strength Index), suggesting a possible shift toward a more bullish market structure. This makes it less likely that the current bearish divergence will continue. Influence of Bitcoin If Bitcoin continues its sideways movement or further declines, XRP may mirror these actions. It’s likely that XRP will experience some consolidation in the short term before making a bigger move. Short-Term Indicators and Overbought Conditions XRP recently showed an oversold signal, which led to a short-term bounce. Now, the RSI is indicating overbought conditions, suggesting a pullback could be on the horizon. Historically, XRP has shown price pullbacks after such overbought signals, and this time may be no different. However, the RSI is now resetting to more neutral levels, which may indicate a pause in the current bearish price action.