Author: coinadrenaline
Ethereum could see a drastic price drop to as low as $200–$400 if the crypto market has entered a new bear cycle, according to Quit, vice president of blockchain at Yuga Labs. In a Mar. 11 post on X, Quit questioned optimistic price targets for Ethereum (ETH). While many see $1,500 as a likely floor for ETH, he warned that if the downturn is only beginning, historical trends suggest an 80–90% drawdown could push prices as low as $200–$400. He also pointed out that Ethereum’s 30% weekly drop and 50% decline over the last three months don’t necessarily mean the…
Today in crypto, Elon Musk’s X platform has been targeted by a cyberattack, while crypto exchange-traded products (ETPs) recorded a fourth straight week of outflows, with $876 million in losses during the past trading week. Meanwhile, Utah’s senate has passed a Bitcoin bill — but without the originally proposed Bitcoin reserve provision.Elon Musk: There is a ‘massive cyberattack against X’The X social media platform has been hit with a “massive cyberattack” that has prevented some users from accessing the site, platform owner Elon Musk confirmed on March 10.“We get attacked every day, but this was done with a lot of…
Strategy is seizing the market downturn, unveiling a $21 billion stock offering to buy the dip on bitcoin, reinforcing its aggressive treasury strategy despite volatility. Strategy Prepares to Buy the Bitcoin Dip Software intelligence firm Microstrategy (Nasdaq: MSTR), now operating as Strategy, announced on March 10 that it has launched a $21 billion at-the-market (ATM) […]
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Given Ethereum‘s waning performance, despite being the second-largest digital asset, crypto enthusiasts are beginning to demonstrate heightened uncertainty toward ETH. Presently, ETH’s market sentiment has witnessed a significant decline as the altcoin’s weak price action persists, triggered by a broader crypto market downswing. Market Turns Cautious On Ethereum’s Short-Term Prospects Ethereum’s market sentiment has witnessed a sharp decline, with bearish comments about ETH emerging rapidly within the community. The drop in sentiment reflects uncertainty among crypto participants due to ETH’s persistent weak price movements since the beginning…
POL tested a critical support level, with potential for a rebound if key levels hold. Declining address and transaction activity signals a slowdown, but lower exchange reserves indicate stability. Polygon [POL] was fast approaching a significant milestone, nearing $100 billion in all-time volume on the Uniswap [UNI] Protocol. This surge in trading activity highlighted its growing importance in the crypto space. Polygon nearing this achievement signaled increasing recognition and adoption. However, the question remains: can Polygon maintain this momentum and solidify its position as a key player in the market? Key support levels and potential for a rebound At press…
Today in crypto, disappointment surrounding the US Strategic Bitcoin Reserve signals unrealistic investor expectations, according to regulatory experts, Michael Saylor advocated for an aggressive US government approach to Bitcoin accumulation, and the Bitcoin community shared mixed reactions to the White House Crypto Summit.Bitcoin reserve backlash signals unrealistic industry expectationsThe widespread disappointment surrounding the US Strategic Bitcoin Reserve — hailed as a historic step for Bitcoin adoption — suggests unrealistic investor expectations, according to regulatory experts.President Donald Trump signed an executive order on March 7, which will utilize Bitcoin (BTC) seized in government criminal cases rather than purchasing the asset directly…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum (ETH) has been struggling around the $2,200 level, with bulls unable to reclaim higher prices despite multiple attempts. The market sentiment remains bearish, as ETH continues to face selling pressure even after Thursday’s announcement of the US Strategic…
Best Cryptos for Exponential Returns: Qubetics Powers Cross-Border Transactions, Algorand Drives DeFi, and VeChain Secures Supply Chains No Result View All Result
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
White House “Crypto Czar” David Sacks said the market is “reading a little bit too much” into President Donald Trump’s mention of Solana (SOL), Cardano (ADA), and XRP for the US Digital Asset Stockpile.During an interview with Bloomberg Technology, Sacks said:“The President just mentioned the top five cryptocurrencies by market cap. So I think people are just reading into this a little bit too much, he just mentioned the top five.”He also revealed that the stockpile includes measures to stake or sell the altcoins held in it.Altcoin auditSacks said the US government will audit its crypto holdings and check which…