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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Ethereum’s Price Drop Tests Investor Resolve, Key Support Levels Break
Ethereum’s Price Drop Tests Investor Resolve, Key Support Levels Break

Ethereum dips below $3,000, triggering losses, but its MVRV Ratio signals a buying opportunity. Will it reclaim key support and recover, or face further declines?

BeInCrypto·2025/02/05 07:30
Bitcoin (BTC) Price Stalls Below $100,000 Despite Praise from Trump’s Crypto Czar
Bitcoin (BTC) Price Stalls Below $100,000 Despite Praise from Trump’s Crypto Czar

Bitcoin struggles to gain momentum, with sellers regaining control and whale accumulation still weak. A break above $99,500 is crucial for recovery.

BeInCrypto·2025/02/05 04:50
Flash
  • 09:59
    HK Asia Holdings has increased its holdings by 7.88 BTC, bringing the total holdings to 8.88 BTC
    The Hong Kong investment company HK Asia Holdings Limited announced further investments in Bitcoin, purchasing approximately 7.88 BTC on February 20, 2025, at a price of about $761,000. This decision was made following previous investments disclosed on February 16, 2025, bringing the company's total Bitcoin holdings to approximately 8.88 BTC with an average cost of about $97,000 per unit. The company's board of directors approved this transaction which was funded from its internal resources.
  • 09:58
    BCA Research: It is estimated that $6 billion in crypto liquidity has been lost from the ecosystem due to Meme coins
    When Trump launched his own Meme coin on the eve of his inauguration, some people thought that the violent price fluctuations opened the door for imitators. Juan Correa, deputy strategist at BCA Research, estimates that currently $6 billion in crypto liquidity has been lost from the ecosystem due to Meme coins. He explained: "Investors might be a bit worried about issuing Meme coins because there are regulatory risks and risks of being sued. But now that even the President of United States has done it, it seems feasible. However, Meme coins have diverted attention away from more fundamental crypto assets and profits made from these transactions rarely flow back into the crypto field. They are not used to develop innovative products that can help solve real-world problems - which is exactly what everyone believes cryptocurrencies and blockchain can do."
  • 09:57
    QCP: Despite the hacking incident in the cryptocurrency market, ETH performed well
    QCP Capital released an analysis article stating that two days have passed since the recent hacker attack, with approximately $1.4 billion of ETH stolen. However, cryptocurrency prices and implied volatility have hardly reacted, highlighting the increasing maturity of the cryptocurrency landscape since FTX's crash in 2022, especially in the cryptocurrency credit market. From custody and security solutions to corporate governance and transparency, every aspect of cryptocurrencies has been strengthened with each past crisis. Due to CEX's buying over last weekend, ETH has performed well but now liquidity gap has narrowed down and risk reversal indicates people are worried about further decline in March.
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