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Bitcoin price action mirrors 2019 ‘Xi pump,’ are new BTC lows incoming?

Analysts say Bitcoin’s recent weekend pump to $95,000 is eerily similar to the “Xi pump” in 2019. Bitcoin’s weekly chart was on track to close below $90,000 for the first time since November 2024, but a late surge pushed prices higher following US President Donald Trump’s announcement of a crypto strategic reserve. Bitcoin weekly chart. Source: TradingView…
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XRP ‘distribution’ hits record level as the altcoin trades below $3

XRP retraced most of its recent “Trump pump” and data shows whales selling their positions. On March 2, XRP registered a massive rally of 34.15%. The price pump came after US President Donald Trump’s announcement that XRP would be included in a US strategic crypto reserve alongside Solana and Cardano. XRP 1-day chart. Source:TradingView However, the…
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Ethereum Foundation officially announces new leadership

The change to the Ethereum Foundation followed months of complaints from the community that the project was headed in the wrong direction. The Ethereum Foundation has announced a new leadership structure consisting of two co-directors of the Foundation, Hsiao-Wei Wang — a core researcher at the Ethereum Foundation, and Tomasz Stańczak, the CEO of Nethermind…
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Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the Ethereum Foundation announces new leadership, US President Donald Trump will host the first White House Crypto Summit on March 7, bringing together industry…
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Bybit hackers resume laundering activities, moving another 62,200 ETH

The Bybit hackers picked up the pace on March 1, laundering another 62,200 Ether amid efforts from US authorities to block transactions tied to the exploiters. North Korea’s Lazarus Group laundered another 62,200 Ether, worth $138 million, from the Feb. 21 Bybit hack on March 1 — leaving only 156,500 left to be moved, a…
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Bitcoin spot and margin longs push BTC to $85K, but the bottom isn’t in yet

Is the Bitcoin bottom in, or is today’s price action simply an oversold bounce that will trap overleveraged bulls? The Bitcoin sell-off, which dominated a majority of the weak, appears to be easing off, with BTC price making a recovery back in the $80,000 range to reach an intra-day high at $85,120. Some traders believe…
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XRP price to $18K? — One crypto ‘research’ group says it’s possible

A group of analysts say various data points support an XRP rally to $18,000 per coin. Cointelegraph takes a closer look at the data. The speculative nature of cryptocurrencies personifies the idea that “anything is fair game” when it comes to valuation. These analyses can thread a thin line between being respectable or ridiculed. In…
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What is Bitcoin price going to do next? — Bear trap, bottom, or oversold bounce?

Crypto traders expect Bitcoin price to remain choppy in the short term as a new range must be established after this week’s double-digit drawdown. The Bitcoin bounce to $85,000 on Feb. 28 had traders hopeful that a bottom was in could be in peril after BTC struggled to secure a higher high candlestick for the daily…
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Uniswap partners with Robinhood, MoonPay, Transak to turn crypto into cash

The move comes just days after the SEC dropped its investigation into Uniswap Labs. Decentralized exchange Uniswap has entered into a partnership with trading platform Robinhood and a number of payment platforms to facilitate crypto-to-fiat transactions. Starting on Feb. 27, users in more than 180 countries can sell supported crypto assets to deposit funds directly…
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Bitcoin, crypto ‘dip buy hype’ is now at its highest level in 7 months

Traders on social media seem keen to buy the dip, but onchain analytics platform Santiment says this doesn’t necessarily mean it’s time to buy yet. Social media mentions of crypto dip buying have rocketed to their highest level since last July amid a crypto market rout that recently sent Bitcoin under $80,000. Santiment’s social sentiment…
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