Category Archives: Crepto News

Bitcoin dips below $80K as Trump Canada tariffs halt BTC price comeback

Bitcoin (BTC) cooled a 7% rebound after the March 11 Wall Street open as familiar headwinds sparked market jitters. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin, stocks deflate on fresh tariffs letdown Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it touched local highs of $82,154 on Bitstamp before consolidating. US JOLTS job openings […]

Why is Ethereum (ETH) price down today?

Ether (ETH) price declined by over 11.75% in the last 24 hours to around $1,900. At its intraday low, the cryptocurrency was trading for $1,755, its lowest price since October 2023. ETH/USD four-hour price chart. Source: TradingView Several factors appear to be contributing to ETH price losses, including: US recession fears and its overall impact […]

Why is Ethereum (ETH) price down today?

Ether (ETH) price declined by over 11.75% in the last 24 hours to around $1,900. At its intraday low, the cryptocurrency was trading for $1,755, its lowest price since October 2023. ETH/USD four-hour price chart. Source: TradingView Several factors appear to be contributing to ETH price losses, including: US recession fears and its overall impact […]

Bitcoin price bounces 4% as data gives ‘89% chance’ stocks bottom is in

Bitcoin (BTC) rebounded above $81,000 on March 11 as US stocks’ futures sought relief from a brutal sell-off. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price bounces back amid calls for short squeeze Data from Cointelegraph Markets Pro and TradingView showed daily BTC price gains approaching 4%. New four-month lows had accompanied the previous day’s Wall […]

Meteora says co-founder’s X account hacked after ‘parasitic’ memecoin post

The X account of Meteora co-founder Ben Chow was reported to have been hacked after it posted a tweet reigniting the controversy around the launch of the Libra (LIBRA), Melania Meme (MELANIA) and Official Trump (TRUMP) memecoin tokens that ultimately led to his resignation. On March 11, Chow’s X account posted an “official statement” about […]

Ethereum Foundation not behind $56M Sky deposit, developer says

An Ethereum developer rejected speculation that the Ethereum Foundation (EF) was behind a recent deposit of more than 30,000 Ether into the decentralized finance (DeFi) protocol Sky, formerly known as MakerDAO. On March 10, a wallet address deposited 30,098 Ether (ETH), worth about $56 million, into Sky. Crypto intelligence platform Arkham labeled the address “Ethereum […]

Solana revenue slumps 93% from January high after memecoin bubble bursts

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 […]

Solana revenue slumps 93% from January high after memecoin bubble bursts

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 […]

Mt. Gox makes second $900M+ move in a week as Bitcoin taps $76K

Defunct crypto exchange Mt. Gox moved almost a billion worth of Bitcoin, the second large BTC transfer in a week, as Bitcoin’s price fell to a four-month low on March 11. Of the 11,833 Bitcoin (BTC) moved, 11,501 ($905.1 million) were sent into a new wallet, while the remaining 332 Bitcoin ($26.1 million) were transferred […]