The cryptocurrency community keenly awaits the first-ever White House Crypto Summit on March 7, which is expected to provide more details on the planned crypto reserve announced by US President Donald Trump on March 2. Although the initial announcement included Bitcoin (BTC), Ether (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA), several critics slammed the idea of adding centralized altcoins alongside Bitcoin in the reserve. US Commerce Secretary Howard Lutnick clarified in an interview with The Pavlovic Today that Bitcoin is likely to have a special status in the nation’s…
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Ether price charts reflect weakness, but inflow to LSDFi could prevent an ETH sell-off
Ether has been on a downward trend, with the $2,000 level forming a crucial resistance level in recent months. While Bitcoin (BTC) recorded 11.94% gains, moving past $30,000 in June after BlackRock filed an application for an exchange-traded fund with the Securities and Exchange Commission in the United States, the upside in Ether (ETH) stayed around 3.16%. In the first week of July, buyers attempted to move the price past crucial resistance at around $1,900. However, a failed breakout exposed the price to further correction. The Ethereum network also witnessed a decline in…
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