As of March 8, 2025, Ethereum (ETH) is trading at approximately $2,127.07, reflecting a decline of about 3.16% over the past 24 hours. Over the past week, ETH has decreased by approximately 4.46%, and over the past month, it has seen a decline of about 23.36%.
I was having 50$ in the morning now is 47$ but I still left it and I'm hoping for the best
Ahm3ed9
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$KAITO was expecting this type of graph since the day it launched. But damn they clearly know how to play the market liquidating both shorts and longs brutally. I think I'll stick to spot trading with $KAITO for now and will buy some if it drops I'll buy more. Despite it being red there's potential for more manipulation because it can suddenly start pumping again despite the huge selling pressures.
In recent developments, the U.S. Securities and Exchange Commission (SEC) has granted approval for options trading on three spot Bitcoin exchange-traded funds (ETFs) on the New York Stock Exchange. This move is anticipated to enhance institutional participation in the Bitcoin market. $BTC $XRP $BNB
#BTCBreaksATH As of January 21, 2025, Bitcoin (BTC) is trading at $103,739.00, reflecting a 4.11% decrease from the previous close.
This decline follows Bitcoin's recent peak near $90,000 in November 2024, driven by factors such as ETF inflows and institutional interest.
Despite the current downturn, the cryptocurrency market continues to experience significant activity, with institutional investors maintaining interest in digital assets.
Market analysts suggest that Bitcoin's price movements are influenced by various factors, including macroeconomic conditions and regulatory developments.
Investors are advised to stay informed about these dynamics, as the cryptocurrency market remains volatile.
#BTCBreaksATH As of January 21, 2025, Bitcoin (BTC) is trading at $103,739.00, reflecting a 4.11% decrease from the previous close.
This decline follows Bitcoin's recent peak near $90,000 in November 2024, driven by factors such as ETF inflows and institutional interest.
Despite the current downturn, the cryptocurrency market continues to experience significant activity, with institutional investors maintaining interest in digital assets.
Market analysts suggest that Bitcoin's price movements are influenced by various factors, including macroeconomic conditions and regulatory developments.
Investors are advised to stay informed about these dynamics, as the cryptocurrency market remains volatile.
DID YOU KNOW? #TRX✅ TRON (TRX) is a cryptocurrency that has experienced significant developments and price fluctuations in recent years. As of January 18, 2025, TRX is trading at approximately $0.243027.
In December 2024, TRX reached an all-time high of $0.45, driven by founder Justin Sun's $30 million investment in Donald Trump's cryptocurrency project, World Liberty Financial. This move significantly boosted investor confidence, propelling TRX into the top 10 cryptocurrencies by market capitalization.
Price predictions for TRX vary among analysts. Changelly forecasts a maximum price of $0.22 for 2025, with a potential rise to $1.60 by 2030. Conversely, CoinDCX suggests that TRX could reach $2.50 by mid-2025 and possibly $3.75 to $4.50 by year-end, depending on market conditions.
It's important to note that the cryptocurrency market is highly volatile, and such predictions are speculative. TRX's future performance will depend on various factors, including technological advancements, regulatory developments, and overall market sentiment. Investors should conduct thorough research and consider their risk tolerance before making investment decisions.
Justin Sun says 'stop' asking questions about the next iteration of Tron's USDD stablecoin and its 20% yield $TRX
Tron founder Justin Sun said people should “stop” asking him questions like where the yield will come from when the next iteration of his algorithmic stablecoin, USDD, offers a 20% APY.
“It’s simply because we have plenty of money,” Sun said.
USDD launched in 2022 as a competitor to Terra’s defunct UST token.
Tron founder Justin Sun appears to be tired of fielding questions about the next iteration of the USDD algorithmic stablecoin.
"USDD 2.0 is about to launch with a 20% APY, fully subsidized by Tron DAO. All interest will be sent in advance to a transparent address," he posted to X. "There’s no other reason, it’s simply because we have plenty of money. So, stop asking me questions like 'where does the yield come from.'"
The stablecoin launched in 2022 as a competitor to Terra’s now UST token. It is backed primarily by Tron’s TRX native token. USDD is supposedly managed by Tron DAO.
Bitcoin (BTC) has recently experienced significant price movements, reaching new all-time highs.
Several factors have contributed to this surge:
Institutional Investment: There has been a notable increase in institutional investment, with strong inflows into Bitcoin exchange-traded funds (ETFs). For instance, CME's BTC futures open interest soared to 15,255 BTC, reflecting a $1.1 billion addition in a single day, signaling institutional investors’ bullish sentiment.
Political Developments: The recent U.S. presidential election, resulting in a Republican-led government, has boosted investor confidence, especially as pro-crypto legislators are expected to implement favorable policies.
Monetary Policy: The U.S. Federal Reserve's recent 25 basis point interest rate cut has reinforced the view that rates will continue to drop, further supporting Bitcoin's appeal as an alternative asset.
Analysts suggest that Bitcoin's rally may continue, with potential targets in the $82,000–$85,000 range in the near term. Technical indicators, such as the Fibonacci extension tool, place BTC’s rally target around $82,367, aligning with the 1.618 extension level.
Please note that cryptocurrency markets are highly volatile, and it's essential to conduct thorough research and consider your financial situation before making any investment decisions.