The post Why Crypto Is Crashing Today: Will Crypto Summit 2025 Ignite a Bull Run? appeared first on Coinpedia Fintech News The crypto market today has been struggling through the rough winds, amidst liquidity concerns, and CME gaps. The turbulence has led to the market cap of the business sinking by 10.62% to $2.75 trillion. Investors are now hopeful of the “Crypto Summit” scheduled on March 07th, to ignite a bull run. Bitcoin Price Now Stands at $84k! Market dominance comes at a cost, and Bitcoin has taken the brunt of the larger market turmoil. After dropping to a 24-hour low of $82,467.24 from its intraday peak of 93,664.05, BTC is currently changing hands at $84,033.44. The 9% price spike, despite the $1 billion liquidations, entrusts hope of Bitcoin’s comeback in the very short term. Talking about other metrics, BTC’s market cap currently stands at $1.84 trillion, with daily volumes spiking up by 14.15% to $76.01 billion. For a sneak peek into BTC’s future price, read our Bitcoin Price Prediction 2025, 2026-2030! Altcoins Tumble Amid Strong Headwinds Ethereum has faced a steep price drop of 13.95%, with a face value of $2,101.58. And Ethereum’s direct rivals Solana and XRP have also taken heavy hits, losing 18.86% and 16.55%, respectively. Interested in decoding XRP’s future price trend? Check out our Ripple (XRP) Price Prediction 2025, 2026-2030! Top Gainers: PI: +3.49% to $1.74 XAUt: +0.94% to $2,883.68 PAXG: +0.79% to $2,888.99 Top Losers: Sonic: -24.37% to $0.544 ADA: -23.79% to $0.8114 TRUMP: -22.83% to $12.36 Subscribe to us, for timely updates on crypto news and crypto prices! FAQs How much does 1 BTC cost today? At the time of writing, 1 Bitcoin is trading at $84,033.44. Which tokens have surged the highest today? Pi, XAUt, and PAXG have recorded the highest gains today, rising by 3.49%, 0.94%, and 0.79%, respectively. How has Ethereum performed today? Ethereum price has dropped 13.95% in the past 24 hours, trading at $2,101.58.
Kraken has announced a significant breakthrough as the U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its lawsuit with prejudice. This decisive action means that Kraken will face no penalties, no changes to its business operations, and no admission of wrongdoing. The case, initially filed in November 2023 for allegedly mishandling customer funds … Continue reading "Kraken Scores Big: SEC Dismisses Lawsuit With Prejudice" The post Kraken Scores Big: SEC Dismisses Lawsuit With Prejudice appeared first on Cryptoknowmics-Crypto News and Media Platform .
Nasdaq submitted a filing for Grayscale's Hedera ETF to the SEC. Hedera and Litecoin are considered top contenders for ETF approval. Continue Reading: Spot Hedera ETF Approval Sparks Excitement in Cryptocurrency Market The post Spot Hedera ETF Approval Sparks Excitement in Cryptocurrency Market appeared first on COINTURK NEWS .
The U.S. Securities and Exchange Commission’s new cryptocurrency task force will kick off a series of roundtables this month to clarify the “security status” of digital assets. Dubbed the “Spring Sprint Toward Crypto Clarity,” the series will begin on March 21 with a discussion titled “How We Got Here and How We Get Out – Defining Security Status,” a March 3 SEC press release from the agency said. The event will take place at the SEC’s Washington, D.C., headquarters and will be open to the public, though space for in-person attendance is limited. The roundtables are part of a broader push by the SEC’s Crypto Task Force, launched in January by Acting Chair Mark Uyeda. Led by Commissioner Hester Peirce, the task force aims to bring some much-needed clarity to crypto regulations. According to Peirce, these roundtables are all about “drawing on the expertise of the public” to help shape a regulatory framework that actually makes sense for crypto. She called these sessions an “important part” of the SEC’s engagement with the industry. The SEC has fast-tracked efforts to clarify the security status of crypto assets just days after House Democrats introduced the MEME Act , a bill that blocks federal officials from launching, endorsing, or promoting digital assets, with criminal and civil penalties for violations. You might also like: U.S. SEC ends probe into Bored Apes NFTs creator Yuga Labs On the same day, the SEC’s Division of Corporation Finance weighed in on whether meme coins fall under federal securities laws, ultimately concluding that they don’t meet the definition of security under the Howey test. However, the agency stressed that its stance isn’t legally binding but rather a staff interpretation with “no legal force or effect.” As previously reported by crypto.news, the SEC has also unveiled its list of members for its Crypto Task Force, which includes staff from Acting Chairman Mark Uyeda’s office, along with representatives from multiple divisions within the agency. Michael Selig, a former partner at Willkie Farr & Gallagher who’s worked on crypto, NFTs, and stablecoins, is taking on the role of chief counsel. Peirce’s former policy counsel, Sumeera Younis, will run operations, and other key figures include Richard Gabbert, Taylor Asher, and Landon Zinda, who all bring different regulatory and policy expertise to the table. Former CFTC chair and Willkie senior counsel Chris Giancarlo voiced his support for Selig’s new role in a March 3 X post, calling him a “protégé” and expressing excitement about the team’s direction. Read more: SEC to drop lawsuit against Kraken
Major US asset management firm Grayscale Investments has filed a 19b-4 application with the US Securities and Exchange Commission (SEC) to list and trade the Hedera ETF. On behalf of Grayscale, the Nasdaq Stock Exchange filed a 19b-4 filing for the Hedera ETF product. If approved, the Hedera ETF would trade on the Nasdaq exchange, like Grayscale’s other funds. Key details about the fund, such as the custodian chosen for the Hedera ETF, have not been disclosed. However, it has been reported that Coinbase, which is Grayscale’s choice for Bitcoin and Ethereum ETFs GBTC and ETHE, could be chosen as the custodian. Canary Capital led the HBAR filings last week by filing for an HBAR ETF. This is not Grayscale's first ETF application for altcoins, as it has previously applied for ETFs for Cardano (ADA), Dogecoin (DOGE), Solana (SOL), and XRP. Apart from popular altcoins, ETF applications have also been made for popular memecoins such as TRUMP, MELANIA, and BONK. According to Bloomberg analysts, while approval rates for XRP, Solana, and Litecoin ETFs remain high, the likelihood of memecoin ETFs receiving approval still remains uncertain. *This is not investment advice. Continue Reading: Grayscale Makes a New Move! ETF Application Made for a Surprise Altcoin!
President Donald Trump incited a $300 billion crypto market pump on Monday following the announcement of a US crypto reserve. The same Donald Trump has now induced a $300 billion crypto market dump as his trade tariffs come into effect on March 4. Total market capitalization has crashed almost 14% over the past 36 hours or so in a plunge to $2.82 trillion from over $3.2 trillion on Sunday evening. The move has wiped out all brief gains from the pump that followed his crypto reserve announcement on March 2. Coinglass reported that more than 311,000 traders were liquidated in the past 24 hours to the tune of just over a billion dollars. Trump Pump and Dump “Trump pumped it with a tweet. Trump dumped it with his tariffs. All his doing. Sad but true,” commented economist Alex Krüger on X. Meanwhile, trader and analyst ‘DonAlt’ said he guessed people came to the realization that Trump “is probably not gonna be able to push this through Congress overnight.” “Tomorrow, tariffs — 25% on Canada and 25% on Mexico,” Trump said during a press conference at the White House on March 3. “And that’ll start… What they have to do is build their car plants, frankly, and other things in the United States, in which case they have no tariffs,” he added. Trump also signed an executive order on Monday raising tariffs on imports from China to 20%, up from 10%. The Trump dump has also hammered stock markets, with the S&P 500 erasing a whopping $1.5 trillion in market cap. What just happened? The Dow just went from being up +300 points at the open to falling as much as -1,100 points in hours. Between 10:00 AM and 3:30 PM ET, the S&P 500 erased a whopping $1.5 trillion in market cap. Here’s exactly what you need to know. (a thread) pic.twitter.com/nQpKOlrihB — The Kobeissi Letter (@KobeissiLetter) March 3, 2025 Bitcoin Dumps Below $83K Bitcoin dumped to an intraday low of $82,864 during early trading in Asia on Tuesday, shedding almost 12% in little over a day. Meanwhile, the BTC fear and greed index had fallen back into extreme fear. Bitcoin Fear and Greed Index is 15 — Extreme Fear Current price: $86,273 pic.twitter.com/POoRvfOjp3 — Bitcoin Fear and Greed Index (@BitcoinFear) March 4, 2025 Ethereum has been smashed again, falling lower than previously to just over $2,000, its lowest level since November 2023. Even the altcoins mentioned in Trump’s crypto reserve had lost most of their gains within 24 hours. The crypto market dump has also closed a massive $10,000 CME Bitcoin futures gap that opened over the weekend when traditional markets were closed. The post $300B Wiped Out in Trump’s Crypto Market Pump and Dump appeared first on CryptoPotato .
The AI infrastructure provider is eyeing a $35 billion valuation after transforming its crypto mining business six years ago.
Pixel Heroes Adventure blends nostalgic pixel art with blockchain mechanics, offering a fresh take on the MMORPG genre. But does its Web3 integration enhance or overcomplicate the experience? Regina dives in and finds out. Quick Recap from Rumble Kong League Rumble Kong League (RKL) is a competitive basketball game merging sports with Web3 innovation. The
Bitcoin and the broader cryptocurrency market have shown strong recovery, with Bitcoin surpassing $93,000 earlier today after an increase of nearly 10% in the past 24 hours. The surge follows the announcement of a US crypto strategic reserve, which is expected to include major digital assets such as BTC, ETH, SOL, XRP, and ADA. The news has fueled optimism in the market, pushing Bitcoin back above the $90,000 level. As Bitcoin’s price movement gains momentum, analysts appear to have been closely examining the ongoing correction phase within the current bullish cycle. Related Reading: Bitcoin Reclaims Key Levels And Faces Resistance At $97K – Can It Break $100K This Week? CryptoQuant analyst Grizzly has shared insights into Bitcoin’s historical price behavior, suggesting that the asset may be repeating past patterns that preceded significant rallies. If these trends hold, BTC could be positioning itself for a major breakout in the coming months. BTC’s Historical Price Patterns and Market Outlook According to Grizzly, Bitcoin is currently in its third corrective phase within the bullish cycle that began in early 2023. This pattern has been observed using the UTXO Age Bands—a metric tracking how long BTC remains unmoved in wallets. Similar corrective phases took place in the summers of 2023 and 2024, each lasting around six months. During these periods, BTC experienced resistance before eventually breaking out into new price highs. Grizzly revealed that if this trend continues, BTC may remain in a consolidation phase for another two to three months, fluctuating between $80,000 and $100,000. A breakout beyond $100,000 could mark the end of the correction and potentially push BTC toward $130,000, as historical data suggests. The CryptoQuant analyst noted: Market participants should closely watch the structural dynamics of the premium bands, as a confirmed break above resistance could signal the next parabolic leg of Bitcoin’s bull market. Bitcoin’s Path to $100K: What Market Indicators Suggest Another CryptoQuant analyst, OnChainSchool, has provided further insights into BTC’s potential price movement beyond $100,000. The analyst highlights the MVRV Z-Score, a metric that tracks Bitcoin’s valuation in comparison to its historical fair value. According to the analyst. the current cooldown in the MVRV Z-Score indicates that Bitcoin could soon enter a rapid upward trajectory, similar to the price action observed in early 2024 when BTC surged past $72,000 to new all-time highs. However, unlike past cycles, the market appears to be moving at a faster pace, potentially influenced by the evolving political landscape in the US. Related Reading: Bitcoin Fills CME Gap Between $78,000 and $80,000 – Is A Reversal Around The Corner? With increasing attention on cryptocurrency from policymakers and institutional investors, there is a likelihood that BTC could break past its previous all-time high sooner than expected. Whether this acceleration will be sustained depends on multiple factors, including regulatory developments, macroeconomic conditions, and continued market demand for Bitcoin as a hedge asset. Featured image created with DALL-E, Chart from TradingView
Hedera (HBAR) and ONDO are currently among the worst performers on the market. But if we know anything about crypto, it’s that those who fall the most also bounce the hardest. And this is exactly what experts forecast for both HBAR and ONDO this year. They say that Hedera and ONDO are bottomed out right now and that the upside they’ll see will be massive. However, neither Hedera nor ONDO can compare to the gains that FXGuys ($FXG) will bring. That’s because FXGuys is a brand new crypto trading platform that hasn’t even launched yet. Also, it brings amazing utility, and it has massive growth potential. As such, FXGuys is set to bring in 100x gains for early holders by Q2 of 2025, and more after! >>>JOIN FXGUYS HERE HBAR Is Getting Ready for a Rally as It Is One of the Most Oversold Coins on the Market As mentioned, HBAR was one of the worst-performing altcoins this year. In just one month alone, HBAR’s price fell by over 35% , currently valued at $0.19. Hedera investors were extremely discouraged by the poor price action, with many selling their HBAR tokens as a result. However, better times are ahead for Hedera now. Namely, due to the massive price dips and bearishness, HBAR is now one of the most oversold altcoins on the market. This is a positive sign for Hedera, as it seems as though sellers are finally leaving. With this in mind, experts say that HBAR’s price is now bottomed out. So, they believe that HBAR’s price will start its rebound soon, targeting $0.32. And if Hedera’s rally continues after reaching $0.32, then its rally will extend and reach even higher highs. Still, even with this price rise, Hedera can’t bring 100x gains to investors, at least not this year. Luckily, FXGuys can, and it can do this by Q2 of 2025. Thus, this new crypto trading platform is deemed the most promising investment of the year! ONDO Is Set To Be the Leader of RWA ONDO is currently the most recognizable and developed RWA-centered crypto project. But even this couldn’t stop the massive fall in price that ONDO experienced. Namely, during the past month, ONDO’s price fell by over 30% , now at $0.97. However, this shouldn’t be discouraging, as experts say that it’s all a result of the month-wide bearish market. Also, ONDO has a very bright future ahead, as many see it being the leader of RWA projects in the entire market. They see it as such because it is one of the most developed RWA projects right now, with new developments rolling out constantly. ONDO’s most recent RWA development involves ONDO becoming the first provider that will bring RWA to the Mastercard MTN. This is a major move for ONDO and the RWA sector, one that will bring massive adoption to ONDO soon. Also, this will boost institutional interest in ONDO, which will boost its price to new heights. With all this in mind, experts expect ONDO’s price to reach $2 in 2025, and even more after. This might not be a 100x rise, but it still makes ONDO an excellent long-term investment. But if you’re looking for the most promising investment, then look no further than FXGuys and its new crypto trading platform! FXGuys: The New Crypto Trading Platform That’s Leading the Way to 100x Gains There are many reasons why FXGuys is the most promising investment you can make right now. One of them is FXGuys’ bold approach to its presale. Namely, even though the presale is still ongoing, FXGuys launched a free trial for its BETA platform, allowing everyone to check it out before they invest. This is very rare for presales and it allows investors to solidify their confidence in FXGuys before they take the plunge. This move has boosted demand for this new crypto trading platform greatly, and it’s only the start. The main reason why FXGuys is so promising is the perks that it offers for traders. One of these perks includes same-day payouts. Furthermore, this new crypto trading platform comes with unlimited withdrawals. With these perks at their side, traders can finally take full control of their profits and forget all about delays. Funded traders will also enjoy this new crypto trading platform immensely, as they’ll get generous perks for their efforts. These include an 80/20 profit split and access to $500,000 in funds among others. Moreover, all FXGuys users will get access to very lucrative reward programs. One of them includes the FX Guys Trade2Earn program which allows traders to earn $FXG tokens by simply taking their trades. The other one is the FXGuys staking program. With this, users can stake their $FXG tokens and get a share of the FXGuys trading volume and fees in return! >>>JOIN FXGUYS HERE Make 100x Gains a Sure Thing: Invest in the $FXG Public Presale Today! With all the beneficial features and great utility that it offers, it’s clear why experts are confident that $FXG will bring 100x gains very soon. And right now, you can make sure you catch all these gains by investing in $FXG during Stage 3 of its public presale. At this stage, you can purchase your tokens for $0.05 a piece, a price that will rise to $0.10 at launch. Once the launch is complete, $FXG’s 100x rally will start and early investors will reap the rewards. Experts expect $FXG to rise by 100x in price by Q2 of 2025, with even more rises after as more traders join and use FXGuys to boost their profits! To find out more about FXGuys follow the links below: Presale | Website | Whitepaper | Socials | Audit