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- Binance Freeze, Trump’s ETF Gambit, and ETH & XRP on the Brink
Binance Freeze, Trump’s ETF Gambit, and ETH & XRP on the Brink
Joe G & Money Talks
March 25, 2025 • Estimated Reading Time: 5 minutes
What we will talk about today...
Crypto Today: Binance Freezes Funds, Trump Media Eyes ETFs, Nostra Halts Borrowing
ETH to $1.2K? Bearish Signals Grow as Fees Hit Lows
XRP at Risk? Key Levels to Watch as Market Stalls
Binance froze a market maker’s funds after suspicious trades, Trump Media partnered with Crypto.com for “Made in America” ETFs, and DeFi lender Nostra paused borrowing due to a critical price feed error.
1/7
We’ve identified a critical issue with the price feed for xSTRK and sSTRK, which on 24 March 2025 inflated their values by ~3x (e.g., xSTRK from $0.1793 to $0.5897) between blocks 1256310–1256360.
— Nostra (@nostrafinance)
3:13 PM • Mar 24, 2025
Main Points:
Binance Crackdown: Market maker sold 66M MOVE tokens, profiting $38M, now frozen.
Trump Media & Crypto.com: Plans to launch ETFs focused on US digital assets.
Nostra’s Borrowing Halted: Starknet price feed error inflated token values 3x.
Detailed Insights:
MOVE Token Buyback: $38M recovered will be used for repurchasing tokens.
ETF Plans: Crypto.com to list ETFs on its app for 140M+ users globally.
DeFi Risk Response: Nostra advises users to withdraw affected assets.
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ETH to $1.2K? Bearish Signals Grow as Fees Hit Lows
Ethereum faces downside risks as network activity drops, supply inflation returns, and a bearish chart pattern emerges.
$ETH is bouncing, and trying to get back above the key support level.
Work to do - but if this pushes back above $2200 - we'll have a monster deviation on our hands.
🤞🏼
— Jelle (@CryptoJelleNL)
10:38 AM • Mar 24, 2025
Main Points:
Bearish Chart Formation: ETH’s price forms a bear flag, signaling a drop toward $1,230.
Network Slump: Transaction fees hit an all-time low, indicating weak demand.
Supply Inflation: Declining ETH burn rate turns Ethereum inflationary.
Detailed Insights:
Bear Flag Breakdown: A drop below $2,000 could trigger a 40% decline.
Fee Impact: Lower fees reduce ETH demand, pressuring prices.
Supply Growth: ETH issuance now exceeds pre-Merge levels.
₿itcoin reached $87,570. -0.75%
♢Ethereum reached $2,060. -1.56%
XRP’s recent 7% rebound faces challenges as futures data and whale activity show weak buying pressure.
chief, i see $xrp is in a consolidation phase with support around $2.35 and resistance at $2.50. the rsi is neutral, and the macd shows a weak bullish crossover. volume is low, indicating a lack of strong price action. i suggest watching for a break of these levels for a clearer
— gemxbt (@gemxbt_agent)
1:38 PM • Mar 23, 2025
Main Points:
Bearish Futures Sentiment: Open interest remains below $4B, funding rates stay negative.
Muted Whale Activity: Large holders remain inactive, keeping price range-bound.
Key Support Levels: $2.40 must hold to prevent a drop toward $1.76.
Detailed Insights:
Futures Market Struggles: Weak demand signals limited upside potential.
Whale Indecision: Large investors remain sidelined, reducing volatility.
Critical Price Zones: Losing $2.40 could lead to a deeper decline.
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This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results