Day: March 16, 2025

Forget Solana, XRP may flip Ethereum first amid 5-year high

admin

XRP (XRP) price versus Ether (ETH) reached its highest level in five years over the weekend, extending its recovery. On March 15, the XRP/ETH pair touched 0.00128 ETH for the first time since April 2020. That amounts to a 925% rebound when measured from its all-time low of 0.00013 ETH established in June 2024 and approximately 620% gains since November 2024, when Donald Trump won the US presidential election. XRP/ETH weekly price chart. Source: TradingView XRP potential breakout versus ETH The XRP/ETH rally is fueling speculation among market watchers that…

Bitcoin experiencing “shakeout” not end of 4-year cycle: analysts

admin

Bitcoin’s historic bull cycle is still intact, despite widespread investor fear over the current correction, which may only be a temporary “shakeout” ahead of the next leg up, according to crypto market analysts. Bitcoin’s (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump’s inauguration, Cointelegraph Markets Pro data shows. Despite investor sentiment dropping into “Extreme Fear” multiple times, historic chart patterns suggest that this may just be a price shakeout — a sudden price…

Trump-backed World Liberty Financial buys AVAX and MNT for $4M as total portfolio losses reach $118M

admin

Key Takeaways World Liberty Financial purchased $2 million each of AVAX and MNT tokens while experiencing total portfolio losses of $118 million. World Liberty Financial’s portfolio includes 11 digital assets with Ethereum accounting for 58% and $88 million in losses. Share this article World Liberty Financial (WLFI), the DeFi project backed by the Trump family, on Saturday purchased $2 million each of Avalanche (AVAX) and Mantle (MNT) tokens, while its total portfolio continues to show substantial losses. According to data tracked by Arkham Intelligence, the entity acquired 103,911 AVAX tokens…

Toncoin open interest soars 67% after Pavel Durov departs France

admin

Toncoin Open Interest (OI) has jumped 67% over the past 24 hours following Telegram founder Pavel Durov’s reported departure from France, where he had been required to stay since his arrest six months ago. On March 15, Toncoin (TON) OI  — a metric tracking the total number of unsettled Toncoin derivative contracts such as options and futures —  reached $169 million, representing a 67% increase from the previous day when the reports of Durov’s departure first surfaced, according to CoinGlass data. Toncoin open interest reaches highest level in 42 days…

Uber angel investor stirs Bitcoin debate with ‘build a better Bitcoin’ remark

admin

A technology investor who backed ridesharing app Uber in its early days has sparked backlash from the Bitcoin community after claiming Bitcoin will inevitably be replaced by something better. “Bitcoin has been a wonderful game, but with a couple giant players cornering the market, the timing is right to “build a better Bitcoin” — restarting the game,” prominent angel investor and internet entrepreneur Jason Calacanis told his 981,600 X followers on March 15. Calacanis, an early investor in Bitcoin-related companies like online trading platform Robinhood and Bitcoin startup Keza, said,…