Category: Other Crypto News

Ethereum Price Climbs Past $2,000, $2,200 Now in Bullish Crosshairs

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Ethereum price started a recovery wave from the $1,920 zone. ETH is now back above $2,000 and might aim for more gains in the near term. Ethereum started a recovery wave above the $2,000 zone. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1,960 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,050 zone. Ethereum Price Aims Higher Ethereum…

Anthropic Sues Trump Admin to Undo ‘Supply Chain Risk’ Label

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Anthropic, the creator of the AI software Claude, has sued the Trump administration for what it says is an “unlawful campaign of retaliation” after the company refused to allow the military unrestricted use of its technology. Anthropic sued multiple government agencies and officials in a California federal court on Monday, asking the court to reverse the Department of Defense’s decision to label the company a “supply chain risk.” It also seeks to overturn US President Donald Trump’s directive to federal employees to stop using Claude. Anthropic also filed suit in…

Bitcoin Price Reclaims Ground, Can Bulls Flip Market Momentum?

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Bitcoin price started a recovery wave from the $65,500 zone. BTC is now consolidating and might aim for more gains above $69,500. Bitcoin started a decent recovery wave above the $67,500 zone. The price is trading above $68,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance at $69,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $68,500 and $68,000 levels. Bitcoin Price Starts Recovery Wave Bitcoin price…

Zcash Devs Raise $25M From Major VCs After ECC Split

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The development team that left Electric Coin Company in January to launch Zcash Open Development Lab (ZODL) has raised over $25 million from the likes of a16z Crypto and Coinbase Ventures to continue building the privacy-focused, self-custodial Zodl wallet. ZODL was founded by former ECC CEO Josh Swihart and includes the entire engineering and product team that previously worked on the Zodl wallet at ECC. They resigned due to disputes with Bootstrap, the nonprofit that oversees ECC, over how Zcash should function as a privacy protocol. ZODL said in an…

Altcoins Approach Historic Stress Levels as 38% of Tokens Near All-Time Lows

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Altcoins have been under sustained pressure for months as the broader crypto market continues to grapple with a prolonged bear phase that began after the 2021 bull cycle. While Bitcoin has managed to preserve a portion of its macro uptrend, most alternative cryptocurrencies have struggled to regain momentum, with many still trading far below their previous cycle highs. This persistent weakness reflects declining liquidity, fading investor appetite for speculative assets, and an increasing concentration of capital in Bitcoin. Related Reading According to a recent CryptoQuant report, understanding the condition of…

XRP Investors In Pain: $50 Billion Worth Of Supply Now In Loss

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On-chain data shows the amount of XRP supply sitting underwater has shot up to historically high levels following the recent market downturn. 36.8 Billion Tokens Of The Asset Are Currently Being Held At A Loss In a new post on X, on-chain analytics firm Glassnode has shared an update on the latest trend in the XRP Total Supply in Loss. This metric measures, as its name suggests, the total amount of the cryptocurrency’s supply that’s currently in a state of net unrealized loss. The indicator works by checking the on-chain…

Bitcoin ETF Flows Rise As Gold Demand Cools: What’s Next for BTC?

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Bitcoin (BTC) exchange-traded fund (ETF) flows have turned net positive over the past 30 days, while gold ETF demand has started to slow down after nine straight months of inflows. The shift comes even as gold prices remain elevated and sentiment around Bitcoin continues to cool. With these contrasting trends in ETF flows and the historical pattern of Bitcoin-to-gold performance cycles, analysts are now examining data that may signal a gradual shift in investor demand between the two assets.  Are ETF flows beginning to rotate? According to the Kobeissi Letter,…

Bitcoin May Follow Oil With A Rally To $79K

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Key takeaways: Oil price spikes often precede 20% spikes in Bitcoin value, though initial market reactions remain volatile and unpredictable. Bitcoin currently mirrors tech stocks with an 81% Nasdaq 100 correlation, making it less sensitive to oil prices. Oil prices surged to $101 per barrel on Sunday, marking a 55% increase in ten days—the largest move in history. The event caused the S&P 500 to reach its lowest level in 10 weeks on Friday. Bitcoin (BTC) saw an initial positive reaction with prices jumping 16% between Feb. 28 and Wednesday,…

Crypto-Backed PAC Spends $8.6M in Illinois Races ahead of US Midterms

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Fairshake, the political action committee backed by crypto companies Ripple Labs and Coinbase, among others, has reported additional spending on Illinois congressional races with the US midterm elections less than eight months away. In filings on Sunday with the Federal Election Commission, Fairshake reported a $16,000 media buy to oppose Illinois state representative La Shawn Ford in his run for the US Congress in 2026, adding to its roughly $1.8 million spent in 2026 on the race. The state is set to hold primary elections on March 17. The filing…

What’s Fueling Hyperliquid’s Surge? HYPE Outperforms Top 100 Cryptos In Latest Rally

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…