The price of ether (ETH) has been steadily declining for months, with this plunge taking a turn for the worse recently. However, the market intelligence firm IntoTheBlock found that the latest dip did not trigger huge liquidations compared to previous events. According to an IntoTheBlock tweet , ETH liquidations have remained relatively moderate despite the cryptocurrency dropping to levels not seen in more than a year. ETH Is Dipping Without Major Liquidations IntoTheBlock says the moderate liquidations can be traced to a significant decline in high-risk loans across lending platforms. Investors are taking a risk-off stance as they apply more caution in their positions. This is likely driven by macro concerns regarding potential global tariff tensions. The United States has been knee-deep in economic uncertainty for a while after President Donald Trump imposed tariffs against its major trade partners, including China, Canada, and Mexico. Although some industry analysts believe the trade tariffs will positively impact cryptocurrencies, especially bitcoin (BTC), in the long term, the market has experienced high volatility since Trump made the announcements earlier last month. On the day Trump imposed the tariffs, about $400 billion was wiped out from the market, with the overall capitalization falling by at least 11% within 24 hours. According to CoinMarketCap data , ETH has nosedived from the $2,800 level to at least $1,760 since early February. The second-largest crypto asset has been struggling, and just this week, it fell by roughly 13% after failing to hold a support level above $2,000. The coin is now trading at levels not seen since 2023. It was worth $1,900 at the time of writing. ETH Price Outlook CryptoPotato reported that ETH buyers have retreated and found support at the $1,800 level. However, it remains uncertain if ETH has bottomed and if this support level will be strong enough to reduce the selling pressure and allow the asset to start a recovery. At its current price, ether is roughly 60% down from its mid-December high of $3,990. Unfortunately, further down pressure could drag the asset to $1,600. These possible scenarios, coupled with Ethereum’s underperformance against Bitcoin, have fueled investor caution. Meanwhile, IntoTheBlock discovered a few days ago that ETH holders may be seeing this dip as a buying opportunity and are loading up on the asset. This is seen in the amount of ETH that left crypto exchanges last week—$1.8 billion worth of assets, marking the highest weekly amount since December 2022. The post Why Is Ethereum (ETH) Falling Without Major Liquidations? ITB Breaks It Down appeared first on CryptoPotato .
XRP just outshined Ethereum as market momentum shifts
Bitcoin’s open interest on centralized exchanges and the CME has returned to pre-November 2024 election levels, signaling market stabilization as BTC rebounds to $83,400 following a recent low of $76,600. Bitcoin Bounces to $83K Amid Open Interest, Futures Basis Normalization Bitcoin’s market activity shows signs of stabilization as key metrics return to levels seen before
Ethereum’s vision appears to be so messy that it leaves EVM changes in limbo, says a former Ethereum Foundation engineer. Frustrated by the lack of direction and stalled progress in Ethereum’s development, a former Solidity expert and compiler engineer claims there is a “lack of a clear and cohesive vision” for Ethereum ( ETH ) and the Ethereum Virtual Machine, making progress in the latter “impossible.” This is why I left the Ethereum Foundation. There is a lack of a clear and cohesive vision for Ethereum and EVM, making progress in EVM impossible. I've seen EVM changes repeatedly shut down because they don't check a certain box. The issue is that everyone has a different… https://t.co/TkAngYnycX — Hari (@_hrkrshnn) March 14, 2025 In an X post on Friday, March 14, Harikrishnan Mulackal, the former Solidity expert at the Ethereum Foundation, revealed that the confusion has led to constant disagreements about how to move forward, with critical changes repeatedly blocked. “The issue is that everyone has a different opinion on what these checkboxes should be, each contradicting the other. So nobody can agree on any changes. There was a single change in the EVM in the last five years (transient storage), and it almost got shut down at the last minute and did not make it!” Harikrishnan Mulackal You might also like: ‘Make me feel emotional desire to quit:’ Ethereum’s Buterin frustrated by community’s focus on ‘degen casino’ Less research, more products According to Mulackal, Ethereum needs more decisive leadership. He suggested that without this improvement, the only feasible path is “ossification — no more changes.” He also argued that Ethereum should focus on shipping updates faster and “less on research.” He also suggested that the ecosystem should be way more ambitious, saying “we must ship one hard fork each quarter.” He also warned that without a shift in approach, Ethereum could face a bleak future, pointing out that if the network continues as it has for the past five years, it “will produce exactly the same result.” As crypto.news reported earlier, Ethereum seems to be caught up in a few issues lately. The Ethereum Foundation’s ongoing sales of ETH and the cryptocurrency’s relatively modest price movement could be holding it back. Meanwhile, Bitcoin and other tokens have not only reached their previous all-time highs but have also set new ones. Read more: Bitcoin death cross signals further downside as S&P 500 nears bearish pattern
One crypto exchange’s loss is another crypto exchange’s gain. This holds true with cryptocurrency exchange Uniswap after it recorded a weekly loss of over 20% brought by a large investor offloading a huge number of tokens. Uniswap’s loss was Kraken’s gain after the said whale transferred 2.25 million UNI tokens to the cryptocurrency exchange platform in what analysts believed was an attempt to cut losses. Related Reading: TRUMP Token Takedown—Did Insiders Plan The Crash? Uniswap Down Analysts said that UNI, Uniswap’s native token, posted a weekly loss of 20% after the coin went down by 2.80% in the last 24 hours. The massive loss brought UNI’s price to go down to $5.80 on Wеdnеsdаy. According to a crypto analyst, the drop, which came amid the heightened selling pressure, can be attributed to a large investor who offloaded a big chunk of his UNI tokens and transferred it to another crypto exchange platform. “A whale deposited all 2.25M $UNI($13.71M) to #Kraken 2 hours ago,” Lookonchain said. A whale deposited all 2.25M $UNI($13.71M) to #Kraken 2 hours ago, likely to cut losses. The whale accumulated 2.25M $UNI($15.57M) at an average price of $6.92 between Sept 7, 2023 and Nov 18, 2024. At its peak, the whale had an unrealized profit of $26.5M but is now down… pic.twitter.com/7pA0glRT4m — Lookonchain (@lookonchain) March 12, 2025 ‘Cut Losses’ In a post, Lookonchain believed that the whale could be ditching an effort to “cut losses” after a considerable unrealized gain from the UNI token vanished. “The whale accumulated 2.25M $UNI($15.57M) at an average price of $6.92 between Sept. 7, 2023 and Nov. 18, 2024,” Lookonchain shared. At its peak, the market observer said the large investor recorded an unrealized profit of $26.5 million. However, recent market conditions have brought down UNI’s unrealized earnings to only $1.86 million, which might be the primary reason why the whale decided to move $13.71 million worth of UNI tokens to Kraken. Bearish Signal Another crypto analyst observed that indicators showed a bearish picture for Uniswap. Santiment shared his analysis on what could be the future of Uniswap using the on-chain metrics, saying that the Exchange Flow balance increased from -428,920 to 2.23 million within two days. The metric, which tracks the net movement of tokens into and out of exchange wallets, showed that there is a possible surge in selling pressure, indicating that many tokens are being moved into exchange wallets. Another metric, the Supply on Exchanges, illustrated that the token increased by 2.67% in the last 24 hours, which the analyst claimed reinforced the notion of traders offloading their UNI holdings amidst declining confidence in Uniswap’s performance. Previous data showed that such trends usually result in a further decline in the token’s price. Related Reading: $931 Million Bitcoin On The Move: Mt. Gox Sparks Market Jitters Other market observers checked UNI’s technical indicators, revealing a negative sentiment towards Uniswap’s native token. The Bollinger Bands showed that it is tightening with the middle band at $7.470. Meanwhile, the upper and lower bands are at $9.332 and $5.608, respectively. Analysts said that the UNI’s price is on the lower band, indicating a strong bearish momentum, which could explain the drop in unrealized profit for the token. Featured image from Medium, chart from TradingView
XRP price has risen this week after falling to a crucial support level that could determine its trajectory this month. With Ripple showing strength above $2.3, here are some of the top XRP rivals that could benefit even if the US government shuts down tomorrow. XRP Rivals to Buy if There’s a US Government Shutdown Tomorrow The risk of a government shutdown dropped after Chuck Schumer, the minority leader, reluctantly supported the Republican-passed bill. He argues that shutting the government would benefit Trump and Elon Musk as they continue to slash government spending. If it happens, a government shutdown would benefit XRP and its top rivals because it would raise the chances of a recession. That would happen as the US continues its trade war with other countries. A recession would push the Federal Reserve to accelerate its interest rate cuts, a move that would benefit crypto prices. Some of the top XRP rivals to buy are Binance Coin (BNB), Stellar (XLM), and Mantra (OM). Binance Coin (BNB) BNB is one of the top XRP rivals to buy even if there is a government shutdown because of its numerous catalysts. WSJ reported that the Trump family wants a stake in Binance US , a positive thing since Trump is still the US president. BNB Chain is working on the Pascal upgrade whose hard fork will happen on March 20. It has two other planned upgrades by June. BNB price has formed a giant cup and handle pattern on the weekly chart, with the current consolidation being part of the handle section. Based on the cup’s depth, the most likely BNB price forecast is bullish, with the next possible target being at $1,100. BNB Price Chart Stellar (XLM) Stellar is also one of the leading XRP rivals to buy even if a government shutdown happens. XLM is often seen as XRP’s cousin because they are in the payment industry and Stellar’s founder was one of the co-founders of Ripple. XLM price has dropped by 56% from its highest level this year, but is showing signs of bouncing back. The coin has formed a falling wedge pattern on the weekly chart below. This popular pattern is made up of two descending and converging trendlines, which are about to meet now. That is a sign that the Stellar lumens price will have a bullish breakout in the near term, a move that may see it retest the psychological point at $0.50, up by 80% from the current level. XLM Price Chart Mantra (OM) Mantra is another top Ripple rival to consider. OM is one of the best-performing cryptocurrencies in the last 12 months as it jumped by almost 1,000% because of its role in the Real World Asset (RWA) tokenization industry. Mantra price jumped to a record high of $9.1265 in February and has pulled back to the current $6.5. It remains above the 100-day moving average, and most importantly, it has formed a falling wedge pattern. It has also formed a bullish pennant pattern. Therefore, the Mantra price will likely have a strong bullish breakout, potentially to $9.12, its all-time high, followed by $10. Mantra Price Chart Other Ripple Rivals to Buy In Case of a Government Shutdown Some of the other notable crypto to buy and consider in case of a government shutdown are Polkadot (DOT), Algorand (ALGO), Kusama (KSM), and IOTA (IOTA). The post Best 3 XRP Rivals to Buy if the US Government Shuts Down Tomorrow appeared first on CoinGape .
The Pi coin price currently boasts a bullish outlook with the Pi network’s celebration of the Pi day today, which has again highlighted the strength of the Pi community. Amid this celebration, analysts have predicted that the coin could soon hit a new all-time high (ATH). Can The Pi Coin Price Hit A New ATH Amid Pi Day Celebration In an X post , crypto analyst suggested that the Pi coin price could soon hit a new ATH amid the Pi network’s Pi Day celebration. This came as the analyst highlighted a Head and Shoulders pattern that could soon spark a parabolic rally for Pi. The analyst’s accompanying chart showed that the coin could rally to as high as $3.6 when this parabolic rally occurs. A rally to this price level would mark a new ATH for the Pi coin, whose current ATH is $2.98. Crypto analyst Bitcoin Buddha also recently predicted that Pi could reach as high as $10. He noted that the coin is one that stands in the crypto market as it is truly community-owned. The analyst then raised the possibility of Pi listing on Binance soon. Bitcoin Buddha remarked that over 253,000 community members have voted for the top crypto exchange to list the coin. If that happens, he asserted that the Pi coin price could reach between $5 and $10. Pi coin is currently buzzing and gaining a lot of attention, especially with the Pi network’s celebration of the Pi coin today. The crypto analytics platform CoinGecko revealed that the coin is leading the pack among the top trending coins. Meanwhile, as CoinGape reported, Pi coin already surged about 20% two days ahead of the Pi day today. This rally was fueled by optimism and speculation about potential announcements, including a possible Binance listing of Pi Coin. Grace Period Officially Ends As the Pi coin price eyes a new ATH, it is worth mentioning that the grace period for both KYC and Mainnet migration has ended. The team yesterday announced that the community members had to complete both their KYC and Mainnet migration by 8 am UTC on March 14 to avoid forfeiting most of their Pi other than Pi mined. In an earlier CoinGape report, Pi network token holders were cautioned to be keen on the KYC and migration deadline on Pi Day to avoid losing their coins. Token holders also have to pay attention to the concerns around decentralization, which could impact investor confidence in the project after the hype around Pi Day ends. Meanwhile, the delay in major exchange listings could also lead to bearish momentum for the Pi coin price. This is something which token holders also have to be mindful of. Bybit CEO Ben Zhou already revealed that his exchange has no plans to list Pi. The post Can Pi Coin Price Hit A New ATH As Pi Network Celebrates Pi Day? appeared first on CoinGape .
Thomas John “T.J. Stone” Sfraga was sentenced in federal court for scamming real estate and crypto investors through a business inspired by the 90s TV show Seinfeld. According to a press release from the U.S. Attorney’s Office, Sfraga was sentenced to 45 months in prison and ordered to pay nearly $1.4 million in forfeiture to the state. The restitution amount will be announced at a later date. Sfraga pleaded guilty to wire fraud charges in May 2024. He reportedly convinced multiple victims to invest in a fake crypto project called “virtual wallet.” He promised investors returns as high as 60% in a time span of three months. In reality, there was no virtual wallet project. Instead, Sfraga used the money to pay expenses and to pay earlier victims as well as business associates, conducting a Ponzi scheme. To fool his victims, Sfraga claimed to own several businesses, including Build Strong Homes LLC and Vandelay Contracting Corp. Vandelay Contracting was named after the fictional “Vandelay Industries” from the hit TV show Seinfeld, where the character George Costanza falsely claimed to have interviewed for a job. Sfraga also promoted himself as an entrepreneur, podcaster, and crypto advocate. He frequently worked as an emcee for cryptocurrency events in New York, using his status to gain the trust of crypto traders. You might also like: Fake ‘Hong Kong coin’ promoted by chief executive impersonator account According to the release, Sfraga defrauded around 17 victims from Brooklyn, Staten Island, and Long Island. He convinced them to loan him money or invest in fake instruments tied to real estate and crypto. One victim was scammed into lending him $100,000 in cash to cover start-up costs for a fake construction project. U.S. Attorney for the Eastern District of New York, John J. Durham, said Sfraga caused severe financial and emotional harm to his victims, who trusted him to deliver on his promised investment returns. “Sfraga callously stole from friends, next-door neighbors, and the parents of children who played on teams with his own children, as well as from individual cryptocurrency investors,” said Durham in his statement. Based on a recent survey done in the U.S. and Canada by The North American Securities Administrators Association, cryptocurrency and social media scams were revealed to be the top two threats faced by retail investors in 2025. About 32% of recorded scams lured victims through social media platforms like Facebook and X, while another 31% were linked to messaging services, including Telegram and WhatsApp. Read more: Crypto and social media scams top NASAA’s 2025 investor risk list
Bitcoin is once again in the spotlight as REX Shares launches a new ETF designed to provide investors with indirect exposure to the cryptocurrency. This innovative fund, known as the
Cryptocurrency enthusiasts must stay informed about pivotal market indicators. The latest insights delve into BNB and Solana , shedding light on their fair values amid current market shifts. This analysis promises a closer look at which of these coins might be poised for significant gains. Stay tuned for crucial information that could influence trading decisions. BNB Market Dynamics: Short-Term Dip and Gradual Six-Month Recovery BNB experienced a significant decline over the past month, with a drop of nearly 10% and a week-long decrease close to 3%. In the last six months, the coin has managed a modest rebound of around 4.6%, fluctuating primarily between $486.77 and $711.17. These fluctuations highlight a market characterized by volatility and mixed investor sentiment. Currently, BNB is hovering just above support near $385.23 while testing resistance around $834.03. Short-term bears appear to have the upper hand as technical indicators lean slightly negative, and no clear trend has emerged. Traders should keep an eye on potential bounces from support or a breakout above resistance as signals for renewed bullish momentum. Solana Market Dynamics: Past Movements and Key Levels Solana experienced a sharp decline over the last month with a 36.69% drop and a 12.61% loss in just one week. Over the past six months, the coin saw a milder downturn of 8.74%, reflecting a contrast between recent volatility and a steadier longer-term performance. The price has fluctuated between $104 and $213, revealing notable swings that have characterized its recent history. Current levels show support at $60.77 and resistance at $277.85, with a second resistance point at $386.39. Negative readings from momentum and oscillators, alongside an RSI at 37.17, indicate bearish pressure dominates the market without a clear trend. Trading ideas include watching for a rebound near support or a decisive break above resistance. Conclusion BNB and SOL show stable performance under current conditions. BNB's position remains strong with its use in trading fees and DeFi projects. SOL continues to gain traction due to its speed and lower costs. Both coins have potential for growth despite market shifts. These assets offer steady value based on their current use cases and demand. Tracking their progress will be key for understanding their future valuation. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.