The meme coin market was yet again painted in red. After starting March on a positive note, assets like Dogecoin (DOGE) and Shiba Inu (SHIB) were hit with major losses. Shiba Inu was not only seen declining in terms of price, the asset also dropped down the cryptocurrency ladder. Currently, SHIB sits as the 20th largest cryptocurrency with a market cap of $7.55 billion. Considering the volatile nature of the market, the community hopes to see a positive change in the SHIB market sooner than later.Also Read: VeChain (VET) Mid-March 2025 Price PredictionHow Is The Shiba Inu Market Faring?Source: Watcher…
Author: cryphedge
Despite ongoing market uncertainty, Solana (SOL), the world’s fifth-largest cryptocurrency by market cap, is gaining significant attention from the crypto community. Recently, a prominent crypto expert posted on X (formerly Twitter) that the total number of Solana addresses has reached a new all-time high of 2.07 billion.Solana’s Record AdoptionA high number of addresses doesn’t necessarily mean high daily transactions or engagement. This substantial rise in Solana addresses shows how the community is adopting Solana-based dApps, NFTs, and DeFi projects. However, many addresses could be created by bots or airdrop farming rather than real users.Current Price MomentumDespite rapid adoption, the price…
Bitcoin experienced a significant drop, falling by more than 5% in a short period after news broke that the US Strategic Bitcoin Reserve will not be actively purchasing additional bitcoins. Bitcoin Falls Amid US Bitcoin Reserve Confirmation As of writing, Bitcoin is trading at $87,167.41, marking a 3.53% decline. The market capitalization of Bitcoin has also decreased to $1.72 trillion. However, the 24-hour market volume has increased by 15%, reaching $57.11 billion. Courtesy: Coinmarketcap The dip in Bitcoin’s value comes after President Trump signed an executive order establishing a strategic Bitcoin reserve. The decrease is mainly attributed to the government’s…
As we approach 2025, the cryptocurrency market is set for significant transformations, with several tokens positioning themselves as potential market leaders. Solana (SOL) is making waves with its ambitious push towards the $1,000 mark, while Bitcoin (BTC) continues to cement its role as the cornerstone of the crypto market. However, savvy investors should also consider MAGACOIN OFFICIAL, Injective (INJ), Kaspa (KAS), and Uniswap (UNI) as crucial components of a diversified crypto portfolio. MAGACOIN OFFICIAL: A Strong Contender for 2025 MAGACOIN OFFICIAL has emerged as a formidable player in the cryptocurrency space. Several key factors contribute to its potential for substantial…
President Donald Trump signed an executive order on March 6 establishing a Strategic Bitcoin Reserve and a Digital Asset Stockpile and directing the federal government to retain forfeited crypto as a long-term store of value.Under the order, the Treasury Department will oversee the management of both reserves but the government will not actively acquire additional assets beyond those seized.The order further states that Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will be tasked with developing budget-neutral strategies to expand the country’s Bitcoin holdings without incurring additional taxpayer costs.However, it does not provide further details or a timeline for when…
Over the past 10 years, the federal government has sold around 195,000 Bitcoin for $366 million Today, that figure would be worth over $17 billion Sacks said the lack of a “long-term strategy” has cost American taxpayers White House artificial intelligence (AI) and crypto czar David Sacks has criticized the US federal government’s lack of “long-term strategy” with the sale of confiscated Bitcoin. In a post on X, Sacks wrote: “Over the past decade, the federal government sold approximately 195,000 Bitcoin for proceeds of $366 million. If the government had held the Bitcoin, it would be worth over $17 billion…
Following several announcements regarding tariffs by Donald Trump, the crypto market has faced increased downward volatility. As a result, the price of Ethereum (ETH) dropped below the critical $2,000 mark, leading to a surge in long liquidations. Amid this, various on-chain metrics for Ethereum turned bearish, suggesting a drop in accumulation. However, analysts anticipate a strong rebound in the price of ETH ahead of the upcoming crypto summit.Whale Pressure Drops Amid ETH’s DipRecent data from Coinglass shows equal trading activity as Ethereum remains under the $2,500 mark. In the past 24 hours, Ethereum faced a total liquidation of approximately $47.87…
The cryptocurrency market is in a pivotal phase, with investors searching for high-upside opportunities before the next major rally. While established altcoins are recovering, the most significant gains historically come from early-stage projects—particularly crypto presales and ICOs (Initial Coin Offerings). Historically, some of the best-performing cryptos have emerged from presales, offering investors the chance to enter at the lowest price possible before tokens hit the open market. As analysts predict 2025 to be a bullish year for crypto, now is the time to position for the next 100x coin. Below are three of the most promising presales right now, each…
In the most recent ETH news, Blackrock recently sold 30,280 Ethereum, causing a noticeable drop in Ethereum’s price. This move has caught the attention of many in the cryptocurrency community and has become a hot topic in ETH news. Now, all eyes are on this new project, DTX Exchange, to see if it can offer a stable response to this shake-up. DTX Exchange Set To Reward Investors With Bonus Opportunity, Displays Huge Growth Potential DTX Exchange is changing the trading industry with features that cater specifically to the needs of modern traders. With the platform’s innovative trading framework, participants can…
Over the last 24 hours, the price of Hbar has been witnessing a strong recovery rally toward $0.26; however, it failed to move above $0.26. As a result, the price of Hbar declined and recorded a drop of nearly 2.6%, touching the low around $0.2431. Additionally, Hedera’s trading volume has dropped 4.93% in the last 24 hours, reaching $890 million. Looking at a longer timeline, Hedera’s price dropped below $0.39 on December 3 and has been decreasing since then. On February 3, the price of HBAR crashed heavily as it dropped below $0.2. Additionally, the recent hack in Bybit pushed…
