Coin overview
MOVE
Ended--
Last price (USDT)
2.87M
24h total (USDT)
4.37M
Total vol (USDT)
2024-12-05 07:00:00 ~ 2024-12-09 11:30:00
Trading time (UTC+0)
2024-12-09 13:00:00 ~ 2024-12-09 17:00:00
Delivery time (UTC+0)
Total supply10.00B
Resources
Introduction
Movement Network is an ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems.
Today's top 100 cryptocurrency tokens by market cap rise and fall: XLM up 10.81 per cent, IP down 7.71 per cent
On 13 March, according to the data, the top 100 cryptocurrency market cap tokens performed as follows. Top 5 Gainers: Stellar (XLM) is up 10.81 percent to $0.2781; Sonic (S) up 8.86 per cent to $0.4772; Maker (MKR) up 6.41 per cent to $1,137.46; Pepe (PEPE) up 6.37 per cent at $0.000006868; Celestia (TIA) up 5.54 per cent at $3.55. Top five losers: Story (IP) down 7.71 per cent to $5.76; Ethena (ENA) down 4.02 per cent to $0.3473; Movement (MOVE) down 3.66 per cent to $0.4541; Hedera (HBAR) down 3.43 per cent to $0.1912; Cardano (ADA) down 3.26 per cent to $0.7047.
The Movement main network subdomain is currently under a DDoS attack, it is expected to recover soon
Golden Finance reports that Rushi Manche, co-founder of Movement Labs, posted on X saying, "The mainnet subdomain is currently under a DDoS attack, which is being steadily mitigated. It is expected to return to normal soon."
Cardano’s Breakout Tests Key Resistance: Here Are the Next Support Levels
Cardano’s price rebound follows key resistance breakouts and past trading trends. Fibonacci levels highlight zones where Cardano may gain or lose momentum. Analyst Mihir sees the three-day chart as key to predicting Cardano’s long-term trend. Cardano’s price action indicates a potential recovery following previous market declines. Key resistance and support levels define the cryptocurrency’s next possible movement. Key Resistance and Support Levels The market structure indicates an attempt to recover from previous declines. A downtrend resistance line has been broken, signaling a possible trend reversal. If the price remains above $0.6644, further bullish movements could follow . Historical support-to-resistance shifts suggest a pattern of recovery after corrections. According to CryptoElites, a cup-and-handle pattern is forming, signaling potential bullish continuation. Resistance levels at $0.7322, $0.8356, and $0.8970 could influence the next price move. A breakout above these levels might push the price higher. Source: CryptoElites Fibonacci Levels and Market Movement Fibonacci retracement levels highlight key areas where price action has slowed or reversed. The 0.5 retracement level at $0.86 and 0.618 retracement at $1.17 serve as important zones. The 0.786 retracement at $1.82 could act as resistance if the price rises. Fibonacci extension levels suggest potential targets if momentum strengthens. The 1.0 extension level at $3.17 aligns with past resistance. Higher targets include the 1.272 extension at $6.44 and 1.414 extension at $9.32, depending on price action. Market Trends and Analyst Insights Mihir, known as RhythmicAnalyst, points to Cardano’s three-day timeframe as a strong indicator of long-term trends. The price action aligns with historical patterns, reinforcing the importance of key resistance and support levels. Whether buyers sustain momentum will determine the next direction. Source: RhythmicAnalyst Volume remains at 144.96M, showing active market participation. The price, currently at $0.7107, has risen 5.98%, reflecting increased buying pressure. Market watchers note that if this momentum continues, Cardano could retest resistance zones. Market sentiment and trading activity will shape the next moves. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
REX-Osprey Filed for a Movement ETF – MOVE Price Surged Over 4%
Key Points The MOVE ETF would invest at least 80% of assets in MOVE or related instruments. MOVE was included in the Trump family’s WLFI crypto project this year. According to the latest reports, REX Shares and Osprey Funds, filed an application with the US SEC for a Movement (MOVE) ETF. This comes after the companies filed multiple other applications for new ETFs in January. Movement (MOVE) is a Move-EVM L2 for Ethereum. REX-Osprey Filed for MOVE ETF With US SEC Investment managers REX Shares and Osprey Funds have filed to list an ETF tracking the performance of MOVE – the digital asset of Movement Network. The official SEC notes reveal that the proposed MOVE ETF would invest at least 80% of its assets in MOVE or related instruments, using a blend of direct holdings and derivatives. Official SEC notes This comes after REX-Osprey filed for other ETFs with the US SEC back in January, including BTC, ETH, TRUMP, DOGE, BONK, SOL, and XRP. REX Shares is an innovative provider of ETPs that specializes in alternative-strategy ETFs and ETNs, while Osprey Funds provides secure and accessible options for accredited investors to gain crypto exposure. Following today’s announcement, MOVE price recorded a surge. MOVE Surged by Over 4% MOVE surged from around $0.46 to over $0.50 today, following the ETF-related announcement. At the moment of writing this article, MOVE is trading at $0.48 with a market cap of $1.15 billion. MOVE price in USD today Movement Network is an ecosystem of Modular Move-based blockchains that enables devs to bridge the gap between Move and EVM ecosystems by building secure, performance, and interoperable blockchain apps. WLFI Added MOVE It’s also worth noting that MOVE was added to World Liberty Financial (WLFI), the Trump family crypto project, in January 2025. According to official data from the Arkham Intelligence platform currently, WLFI holds more than 7,5 million MOVE tokens worth about $3,77 million. Recently, we revealed that the Movement project is currently in talks with Musk’s DOGE team as well.
VanEck Officially Registered Avalanche (AVAX) ETF in Delaware
Key Points The next step for VanEck is to apply for an AVAX ETF with the US SEC. AVAX price surged today. VanEck has officially applied for an Avalanche (AVAX) ETF in Delaware, triggering a price surge for the digital asset today. VanEck is a global investment firm with headquarters in New York City. VanEck Applied for an AVAX ETF in Delaware According to the latest reports, VanEck has filed for an AVAX ETF in Delaware, and this means that a potential filing with the US SEC for a spot AVAX ETF is on its way. VanEck AVAX ETF filing VanEck’s filing is dated March 10. VanEck already has a Bitcoin ETF called HODL with CBOE exchange and an Ethereum ETF called ETHV live with the same exchange. The firm’s move comes amidst multiple ETF applications for various digital assets, Recent ones include REX-Osprey which filed for a Movement (MOVE) ETF, and Bitwise which registered an Aptos (APT) ETF entity, also hinting at an upcoming SEC filing. Under the new Trump administration in the US, multiple investment firms have had their ETF applications acknowledged by the US SEC for various digital assets. The price of AVAX surged today. AVAX Price Rebounded Today At the moment of writing this article, AVAX is trading at $17.2, and the digital asset has a market cap of $7.12 billion. AVAX price in USD today Earlier, AVAX was trading at around $15 levels, and the digital asset recorded a price surge of more than 3%, reaching current price levels. In the past week, AVAX recorded intense volatility with its price debuting a surge on March 4 from $19 levels and hitting a top above $22 on March 6, before debuting a descendant trajectory until today’s reversal upwards. On March 8, the team at Avalanche announced that L1 validators on AVAX continue to grow, surpassing 1,400 following the Avalanche9000 upgrades. Avalanche is an L1 blockchain that functions as a platform for dApps and customer blockchain networks.
Bitcoin Price Rally? Stablecoin Movement Suggests Accumulation Phase
There has been a significant surge in the total amount of tokens transferred for all stablecoins, indicating potential accumulation activity. Historically, such spikes do not occur during a price decline but rather after the market has entered a consolidation phase. Stablecoin Activity Signals Accumulation According to CryptoQuant’s analysis , the latest pattern suggests that large investors may be absorbing market shocks through over-the-counter transactions. Additionally, an increase in active addresses alongside this movement indicated increased network activity. As fear sentiment reaches extreme levels, spot accumulation is taking place, which could mean the market is preparing for a potential recovery. Once this accumulation phase concludes, price movements in the futures market are expected to follow. Given the currently subdued sentiment, CryptoQuant stated that any price increase in the futures market is unlikely to overheat easily. Instead, a short squeeze could trigger a sharp upward reversal, and end up potentially accelerating price recovery. This accumulation trend aligns with the broader cryptocurrency market, which is showing minor signs of recovery despite recent volatility. As per CoinMarketCap’s data, the total market capitalization has risen to $2.67 trillion. Leading digital assets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Solana (SOL), and Cardano (ADA), posted moderate gains on Tuesday. However, overall trading activity has slowed, with total trading volume dropping by over 27% to $118.71 billion. Growing Institutional Integration On the institutional side of things, Bitcoin and Ethereum ETFs remained highly volatile over the past week, with significant net outflows which was indicative of investor wariness. In fact, as of March 11th, spot Bitcoin ETFs and spot Ethereum ETFs saw $371 million and $21.57 million respectively in daily outflows. Meanwhile, regulatory changes – such as the White House’s crypto-friendly approach and the Office of the Comptroller of the Currency’s (OCC) approval that US banks can now participate in certain cryptocurrency activities, including serving as validators on Proof-of-Stake networks like Ethereum – point to “growing institutional integration.”
Benchmark is bullish on Exodus Movement amid 60% stock dip, rising self-custody demand
A sharp selloff and the largest crypto exchange hack in history make it a good time to buy shares of Exodus Movement , according to Benchmark. The company’s market capitalization has plummeted more than 60% over the past five weeks. “We believe the recent pullback in the price of EXOD’s shares…has created a compelling opportunity for investors to gain exposure to a firm with strong operating momentum, the demonstrated ability to scale rapidly, and a tailwind from the more accommodative stance toward the crypto space in the U.S.,” Benchmark equity analyst Mark Palmer wrote Wednesday in a note to clients. Founded in 2015, the company's core business revolves around the Exodus Wallet, a non-custodial wallet that enables users to store, manage and exchange over 1,000 cryptocurrencies. “Self-custody crypto wallets give users full control over their private keys,” Palmer wrote. “The case for crypto self-custody was underlined a couple of weeks ago when centralized crypto exchange Bybit was the target of a record-breaking hack of 400k ether (worth ~$1.5bn) believed to have been executed by hackers working for the North Korean government.” Exodus Movement derives about 85% of its revenue from the exchange aggregation feature within its crypto wallet, Palmer said, which consolidates liquidity from multiple third-party exchange API providers and “thereby offers users attractive rates and fast fulfillment times across more than 60,000 crypto token pairs.” On March 3, Exodus Movement’s fourth-quarter earnings report featured strong preliminary results for the current quarter, including revenue of $44.8 million, up 143% year over year, and exchange provider processed volume of $2.33 billion, up 172%. The company also said its preliminary exchange provider processed volume for January and February was $1.45 billion, already up $100 million from last year's entire quarter. Palmer also touted the company’s “wallet-as-a-service” business, which leverages its aggregation technology in XO Swap, its crypto swap engine that it integrates into the platforms of partners such as Ledger and Magic Eden. Palmer initiated coverage on the stock with a “buy” rating and $38 price target. Shares traded around $25.20 at publication time, according to The Block’s EXOD price data .
IOST (IOST) Price Prediction 2025-2030: Will IOST Reach New Highs Amid Web3 Expansion?
IOST is projected to trade between $0.0080 and $0.0120 in 2025, with key resistance near $0.0090-$0.0100. A breakout above $0.0105 could push IOST toward the $0.0120 range, marking a crucial year for bullish momentum. If market conditions weaken, support around $0.0047-$0.0050 may act as a strong accumulation zone before the next uptrend. IOST (Internet of Services Token) is a decentralized blockchain network designed to provide a high-throughput infrastructure for online services. It aims to support decentralized applications (dApps) and services. It employs a unique consensus mechanism called “proof-of-believability” (PoB), which ensures scalability and security by evaluating node behavior and contribution. This approach seeks to address some limitations found in traditional consensus algorithms like proof-of-work (PoW) and proof-of-stake (PoS). Table of contents Key features of IOST Recent developments IOST (IOST) Price Prediction 2025-2030 Overview Bollinger Band Analysis for IOST (IOST) MACD Analysis for IOST (IOST) Relative Strength Index (RSI) Analysis for IOST (IOST) Support and resistance levels for IOST (IOST) IOST (IOST) 2025 Price Prediction Analysis Technical Overview and Price Movement Bullish Case: Path to $0.0120 Bearish Case: Downside Risks Key Levels to Watch in 2025 IOST (IOST) Price Prediction for 2026 IOST (IOST) Price Prediction for 2027 IOST (IOST) Price Prediction for 2028 IOST (IOST) Price Prediction for 2029 IOST (IOST) Price Prediction for 2030 FAQs Key features of IOST High scalability. IOST’s architecture is designed to handle high transaction volumes, with a reported capability of processing up to 100,000 transactions per second. This is achieved through technologies like efficient distributed sharding and the PoB consensus mechanism. Developer-friendly. Developers can build on IOST using JavaScript, one of the most popular programming languages, simplifying the development process for dApps. Low latency. With a block time of 0.5 seconds and 8,000 TPS, IOST offers a responsive platform for application development without concerns about speed. Recent developments IOST has been actively working on integrating real-world assets into its blockchain ecosystem. The platform aims to transform traditional finance by bringing assets like bonds into the web3 space, making them borderless, liquid, and programmable. This initiative is part of IOST 3.0, focusing on unlocking real-world assets on its platform. IOST (IOST) Price Prediction 2025-2030 Overview Year Low Price ($) Average Price ($) Max Price ($) 2025 $0.0080 $0.0105 $0.0120 2026 $0.0110 $0.0150 $0.0175 2027 $0.0160 $0.0210 $0.0250 2028 $0.0225 $0.0305 $0.0350 2029 $0.0310 $0.0425 $0.0500 2030 $0.0440 $0.0580 $0.0650 Bollinger Band Analysis for IOST (IOST) IOST (IOST) price chart (Source: TradingView ) The Bollinger Bands on the IOST daily chart indicate a phase of increased volatility, with the price recently touching the lower band at $0.00394 before rebounding. The middle band (20-day SMA) at $0.00537 is acting as dynamic resistance, while the upper band at $0.0065 remains a key level to watch for a bullish breakout. The sharp contraction of bands observed in February suggested a period of low volatility, which was followed by a strong price movement. This recent expansion signals that the market is entering a phase of heightened activity. If IOST manages to stay above the middle band, it could indicate a sustained upward trend toward $0.0065-$0.0070. However, a rejection at the middle band could lead to another retest of the lower band near $0.0040, signaling continued bearish pressure. MACD Analysis for IOST (IOST) IOST (IOST) price chart (Source: TradingView ) The MACD indicator on the daily chart is showing early signs of a potential bullish crossover, with the MACD line at 0.0000928 moving closer to the signal line at -0.0001110. The histogram, which had been in negative territory for an extended period, has begun to show signs of weakening bearish momentum. If the MACD line crosses above the signal line, it would confirm a bullish trend reversal, with potential upside toward $0.0065-$0.0070. However, failure to complete the crossover would suggest a continuation of the bearish trend, leading to further consolidation or even a decline toward $0.0040 support. A move above the zero line on the MACD would be a strong confirmation of a new uptrend. Relative Strength Index (RSI) Analysis for IOST (IOST) IOST (IOST) price dynamics (Source: TradingView ) The Relative Strength Index (RSI) for IOST is currently at 50.30, indicating neutral market conditions. Previously, RSI had dropped below 40, signaling an oversold condition, which led to a strong rebound. The recent price surge has pushed RSI closer to the 50 level, suggesting a shift toward equilibrium. If RSI moves above 55-60, it would confirm growing bullish strength and could indicate an attempt to break resistance at $0.0065. However, if RSI remains range-bound between 40-50, the price may continue consolidating without significant upward momentum. A drop below 40 again would indicate renewed selling pressure, potentially pushing IOST toward lower support levels at $0.0040. Support and resistance levels for IOST (IOST) IOST (IOST) price chart (Source: TradingView ) Immediate Support Levels: $0.0040-$0.0045 – This zone has been a key accumulation area, with buyers stepping in whenever the price dips near this range. If IOST fails to hold above this level, the next major support comes at $0.0035. Major Resistance Levels: $0.0055-$0.0060 – This region represents the middle Bollinger Band and aligns with previous rejection points. A breakout above this level could trigger a move toward $0.0065-$0.0070, where the upper Bollinger Band is currently positioned. Breakout Level: $0.0070-$0.0075 – If IOST breaks above this level with strong volume, it could initiate a more extended bullish trend toward $0.0085-$0.0090. Breakdown Level: A drop below $0.0040 would signal bearish continuation, potentially leading to a test of lower support at $0.0035-$0.0030, where buyers are expected to re-enter. IOST (IOST) 2025 Price Prediction Analysis IOST (IOST) price analysis 2025 (Source: TradingView ) The recent price action of IOST indicates a period of consolidation following a strong bullish rally in late 2024. Based on the given chart and technical indicators, IOST appears to be forming a potential base for further upside momentum. With price projections ranging from $0.0080 to $0.0120 in 2025, the token is expected to experience moderate but steady growth, influenced by key support and resistance levels. Technical Overview and Price Movement The Exponential Moving Averages (EMAs) provide critical insight into the token’s trend. Currently, IOST is trading near the 50-day EMA at $0.00517 and the 100-day EMA at $0.00567, both of which act as dynamic resistance levels. The 200-day EMA at $0.00612 presents a significant threshold that needs to be cleared for sustained bullish momentum. A break above this level would likely lead to a retest of $0.0080-$0.0090, aligning with the expected lower price range for 2025. Trendline analysis indicates a downtrend break attempt, suggesting the possibility of a bullish reversal. If IOST manages to close consistently above $0.0065-$0.0070, it would signal the beginning of an uptrend, pushing prices toward the $0.0080-$0.0100 range in the coming months. Bullish Case: Path to $0.0120 The maximum price target of $0.0120 is contingent on a breakout beyond key resistance at $0.0085-$0.0090, which previously acted as a rejection zone. If buying pressure intensifies and overall market conditions remain favorable, IOST could challenge this level and move toward $0.0105-$0.0120. Increased adoption, partnerships, and favorable macroeconomic conditions could further fuel this uptrend. Bearish Case: Downside Risks On the downside, the $0.0047-$0.0050 range serves as an important support zone. A failure to hold above this level could trigger a retest of $0.0040-$0.0045, where buyers may step in to prevent further losses. A prolonged consolidation below the 200-day EMA would indicate weaker momentum, delaying the potential move toward the $0.0080-$0.0100 range. Key Levels to Watch in 2025 Support Levels: $0.0047 – $0.0050 (strong base), $0.0060 – $0.0065 (mid-term support) Resistance Levels: $0.0080 – $0.0090 (initial breakout level), $0.0105 – $0.0120 (high target zone) Breakout Target: Above $0.0120, leading to a potential rally toward higher levels in 2026 IOST (IOST) Price Prediction for 2026 IOST is expected to build on its momentum from 2025, with prices ranging between $0.0110 and $0.0175, averaging $0.0150. The increased adoption of blockchain-based applications and continued network upgrades could support this growth. A break above $0.0175 could signal a shift toward a more sustained bullish trend, while dips toward $0.0110 may present strong buying opportunities for long-term investors. IOST (IOST) Price Prediction for 2027 As the blockchain sector matures, IOST could see increased institutional interest, pushing its price between $0.0160 and $0.0250, with an average of $0.0210. Expansion into DeFi and gaming applications may act as catalysts for price growth. If market conditions remain favorable, a breakout beyond $0.0250 could open doors for higher valuations, making this a crucial year for long-term positioning. IOST (IOST) Price Prediction for 2028 IOST’s integration into broader Web3 and metaverse platforms may drive demand, leading to a price range of $0.0225 to $0.0350, with an expected average of $0.0305. Increased transaction volumes and ecosystem expansion could fuel further price appreciation. If adoption accelerates, $0.0350 may act as a resistance point, beyond which a new price discovery phase could begin. IOST (IOST) Price Prediction for 2029 By 2029, IOST is projected to trade between $0.0310 and $0.0500, with an average price of $0.0425. The blockchain sector’s continued evolution and real-world use cases may provide the necessary momentum for breaking previous highs. A move past $0.0500 would signify strong investor confidence, potentially setting up IOST for even greater gains in the next decade. IOST (IOST) Price Prediction for 2030 In 2030, IOST could solidify itself as a key player in the decentralized web, with price expectations between $0.0440 and $0.0650, averaging $0.0580. If network adoption continues at a steady pace, IOST may experience higher trading volumes, reducing volatility and paving the way for more stable price movements. A strong bullish cycle could push prices beyond $0.0650, marking a historic high for the token. FAQs What is the expected price range of IOST in 2025? IOST is projected to trade between $0.0080 and $0.0120, with an average price of $0.0105 in 2025. Can IOST reach $0.0120 by the end of 2025? If IOST breaks key resistance around $0.0105-$0.0110, a rally toward $0.0120 is possible, depending on market sentiment and adoption. What factors could influence IOST’s price movement in 2025? Network upgrades, increased adoption in Web3 applications, and broader market trends will play a key role in IOST’s price action. Where are the strongest support levels for IOST in 2025? Strong support levels are near $0.0047-$0.0050, with lower support at $0.0040 in case of bearish pressure. What resistance levels should traders watch in 2025? The first major resistance is around $0.0085-$0.0090, followed by $0.0105-$0.0120 as key breakout zones. Could IOST see a bullish breakout in 2025? If the price sustains above $0.0085 and the RSI strengthens, IOST could attempt a breakout toward $0.0120. What role does the Bollinger Band analysis play in IOST’s forecast? The Bollinger Bands suggest increasing volatility, with the upper band near $0.0065-$0.0070 acting as a key bullish threshold. Is IOST a good long-term investment for 2025? If IOST continues integrating with Web3 and DeFi applications, its long-term value could rise, but market risks remain. How does MACD analysis influence IOST’s price trend? A bullish MACD crossover could confirm upward momentum, while failure to cross above the zero line may indicate further consolidation. What are the potential risks to IOST’s price growth in 2025? Market downturns, regulatory challenges, or weak adoption could prevent IOST from reaching its projected highs. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Ethereum (ETH) Risks Falling Below $1,700 Amid Persistent Downtrend
Ethereum (ETH) is facing a sharp correction, dropping 11% over the past week as bearish momentum continues to dominate. The Relative Strength Index (RSI) remains weak, showing a lack of strong buying pressure, while the Directional Movement Index (DMI) confirms that sellers are still in control. Additionally, the Exponential Moving Averages (EMA) are in a firmly bearish structure, suggesting that ETH could soon test critical support levels at $1,756 and potentially fall below $1,700 for the first time since October 2023. ETH RSI Shows the Lack Of Buying Pressure Ethereum Relative Strength Index (RSI) is currently at 34.4, recovering slightly after briefly dipping to 27.4 yesterday. The RSI has remained below the 50 mark for three consecutive days, signaling that bearish momentum is still dominant. The RSI measures the speed and magnitude of recent price changes to assess whether an asset is overbought or oversold. Typically, an RSI above 70 indicates overbought conditions, suggesting potential for a pullback, while an RSI below 30 signals oversold conditions, implying that selling pressure may be overextended and a bounce could be imminent. ETH RSI. Source: TradingView. With ETH’s RSI now at 34.4, it suggests that while the asset is still in bearish territory, the extreme selling pressure seen yesterday has eased slightly. The brief dip below 30 signaled an oversold condition, which often leads to short-term relief rallies. However, for ETH to regain bullish momentum, the RSI would need to climb back above 50, indicating a shift in market sentiment. Until then, any upward movement could face resistance, and the broader trend remains weak unless sustained buying pressure pushes ETH out of this bearish zone. Ethereum DMI Shows The Current Downtrend Is Strong Ethereum Directional Movement Index (DMI) chart shows that its Average Directional Index (ADX) is currently at 29.82, rising from 21.9 yesterday. The ADX measures the strength of a trend, with values above 25 indicating a strong trend and readings below 20 suggesting a weak or nonexistent trend. Given the ADX’s sharp increase, it confirms that ETH’s ongoing downtrend is strengthening. The +DI (positive directional index) has dropped to 15.4 from 23.1 in the past day, while the -DI (negative directional index) has surged to 37.8 from 27.3, reinforcing the dominance of sellers in the market. ETH DMI. Source: TradingView. With the -DI significantly above the +DI, it signals that bearish momentum is intensifying, and sellers continue to control ETH’s price action. The decline in +DI suggests that buying pressure is weakening, making it more difficult for ETH to stage a recovery. Unless the +DI begins to rise and crosses above the -DI, ETH’s price is likely to remain under pressure. Given that the ADX is nearing 30 and still climbing, the downtrend appears well-established, and any short-term relief rallies may face strong resistance before a meaningful trend reversal can occur. Ethereum Is Still Struggling Below $2,000 Ethereum Exponential Moving Average (EMA) lines are displaying a strongly bearish setup, with short-term EMAs positioned below long-term ones. This alignment confirms the continuation of downward momentum, with ETH having dropped over 11% in the last 24 hours. If the current trend persists, ETH could test the critical support at $1,756, a level that could determine whether further declines are imminent. A breakdown below this support would expose Ethereum’s price to a potential drop below $1,700, a level not seen since October 2023, further reinforcing bearish sentiment in the market. ETH Price Analysis. Source: TradingView. However, if ETH manages to reverse its downtrend, the first key resistance to reclaim would be at $1,996. A successful breakout above this level could trigger a stronger recovery, pushing ETH toward the next resistance at $2,320. If bullish momentum accelerates, Ethereum could extend gains toward $2,546, a level that would mark a complete shift in trend structure. For this to happen, ETH would need sustained buying pressure and a bullish EMA crossover, signaling a transition out of its current bearish phase.
REX-Osprey Seeks SEC Approval to Launch MOVE Token ETF
Asset Manager REX-Osprey has today filed for an ETF (exchange-traded fund) that will hold the MOVE token from the Movement Network. This was announced today, March 10, right after Movement launched its public mainnet beta. “Traditional investors have expressed keen interest in gaining regulated exposure to emerging blockchain technologies without directly managing tokens,” Cooper Scanlon, Co-Founder of Movement Labs, said in the press release . The MOVE ETF filing is the latest attempt from asset managers to have ETFs from altcoins. So far, the U.S. Securities and Exchange Commission (SEC) has only approved ETFs for Bitcoin and Ethereum, but other cryptocurrencies haven’t been given the green light yet. Movement is a Layer-2 blockchain built on Ethereum. It uses Move, a programming language that was originally developed by Meta (formerly Facebook). The network already has $250 million locked in, and its MOVE token is valued at $5 billion, according to CoinMarketCap. If the ETF is approved, it will bring in more investors. According to Rushi Manche, co-founder of Movement Labs “Breaking the pattern of ETFs limited to long-established cryptocurrencies opens doors for institutional capital to support next-generation blockchain innovation.” Meanwhile, REX-Osprey isn’t the only company trying to get an altcoin ETF approved. Bitwise recently filed for an Aptos ETF, and Nasdaq has requested to list a Grayscale ETF that holds Polkadot (DOT) . There are also pending ETF applications for Solana (SOL), Litecoin (LTC), and Trump (TRUMP) tokens. According to Bloomberg Intelligence, there’s a 70% chance the SEC will approve a Solana ETF and a 90% chance for Litecoin. With Donald Trump now in his second term as U.S. president, the crypto industry could see some big policy changes. Trump has said he wants the U.S. to be the “world’s crypto capital” and has put pro-crypto leaders in charge of financial regulations. Whether that means more ETF approvals in the future is still unclear, but the interest in crypto investment is definitely growing. Follow The Crypto Times on Google News to Stay Updated!
REX-Osprey files for MOVE ETF as Movement launches mainnet
Investment firms REX Shares and Osprey Funds have filed for an exchange-traded fund (ETF) focused on the Movement Network’s MOVE (CRYPTO:MOVE) token. Announced on March 10, the filing comes as Movement launches its public mainnet beta, securing $250 million in total value locked (TVL) through its Cornucopia program. The proposed REX-Osprey MOVE ETF aims to allocate at least 80% of its assets to MOVE and related instruments. If approved, it would provide investors with regulated exposure to the Ethereum (CRYPTO:ETH) layer-2 blockchain without requiring direct token management. “This ETF represents the convergence of innovative financial products with cutting-edge blockchain architecture,” said Cooper Scanlon, co-founder of Movement Labs. MOVE, developed using the Move programming language originally created by Meta, has gained attention for its security and smart contract efficiency. The token’s fully diluted valuation stands at nearly $5 billion, according to CoinMarketCap. The filing signals an expansion of crypto ETFs beyond Bitcoin (CRYPTO:BTC) and Ethereum. While the U.S. Securities and Exchange Commission (SEC) approved Bitcoin and Ethereum ETFs in 2024, no altcoin-focused ETFs have yet been authorised. “Breaking the pattern of ETFs limited to long-established cryptocurrencies opens doors for institutional capital to support next-generation blockchain innovation,” said Rushi Manche, another co-founder of Movement Labs. The MOVE ETF filing follows a broader trend of asset managers seeking SEC approval for funds tied to cryptocurrencies like Solana (CRYPTO:SOL), Litecoin (CRYPTO:LTC), and Polkadot (CRYPTO:DOT). The SEC’s evolving stance under President Donald Trump’s administration has encouraged such filings by easing regulatory scrutiny on cryptocurrency firms. If approved, the REX-Osprey MOVE ETF is expected to launch on May 21, 2025. At the time of reporting, the Movement (MOVE) price was $0.5017.
Movement (MOVE) Jumps After ETF Filings and Public Mainnet Beta Launch – What’s Next?
Date: Monday, March 10, 2025 | 03:28 PM GMT In a market where most altcoins are struggling to gain traction, Movement (MOVE) has managed to stay in the green, defying the broader downtrend. This price surge follows two major developments—ETF filings by major investment firms and the successful launch of Movement’s Public Mainnet Beta. Source: Coinmarketcap ETF Filings According to an official press release by Movement Network, asset management firms tREX and Osprey Funds have filed for a new exchange-traded fund (ETF) focused on MOVE. If approved, this ETF would be the first to offer traditional financial exposure to the token, providing institutional investors with a regulated way to invest in Movement’s ecosystem. Source: @Cointelegraph (X) Public Mainnet Beta Launch The biggest catalyst behind MOVE’s strong price action is the successful launch of the Movement Network Foundation’s Public Mainnet Beta. The network launched with a staggering $250 million in Total Value Locked (TVL), ensuring immediate utility and liquidity from day one. Source: @movementfdn (X) The Public Mainnet Beta unlocks full permissionless smart contract deployment, seamless user onboarding, and Ethereum settlement. This means developers and users can fully access the benefits of the Move language and MoveVM for building next-generation decentralized applications. Users can also connect to the network via the canonical Movement bridge, powered by LayerZero, further expanding interoperability. What’s Next? Today’s announcement pump has injected an upside move in the falling wedge breakout of the MOVE token, which is yet to make a strong move. The token recently bounced off strong support at $0.35, aligning with the 200-day Moving Average (200MA), and successfully broke out of the wedge by surpassing the $0.49 resistance level. Movement (MOVE) Daily Chart/Coinsprobe (Source: Tradingview) At the time of writing, MOVE is trading around $0.52. If the token maintains its bullish momentum, the next critical level to watch is the 50-day Moving Average (50MA). A clean break above this level would confirm an extended uptrend, potentially pushing the price toward $0.61, with the next major resistance target at $0.84—a 56% upside from current levels. The coming days will be crucial for MOVE as traders watch for confirmation of the breakout. If bullish momentum continues, the token could be entering a strong recovery phase, setting the stage for higher highs in the months ahead. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing in cryptocurrencies.
Crypto Market Today (Mar 11): BTC Loses $80K, ETH Falls 9%, But MOVE Jumps 8%
Crypto Market Today (March 11): Bitcoin (BTC) price swooped to a multi-month low again, losing $80K as of early Asian hours on Tuesday. Ethereum (ETH), Solana (SOL), and XRP prices also lost 5%-10% intraday. Traders and investors continue to show an extreme fear sentiment, as indicated by the ‘CMC Crypto Fear and Greed Index’ at 15. This waning action comes as recession fears rise amid macro heat post-Trump’s tariff saga and rising trade war tensions.
Overview of important developments on March 11th at noon
1. SBF is seeking a pardon from Trump; 2. Japanese and Korean stock markets open significantly lower following the fall of US stocks; 3. The Beta version of Movement's main network is officially online; 4. VanEck registers Avalanche ETF in Delaware; 5. Musk responds to Tesla's big drop: Everything will get better in the long run; 6. Mt.Gox transfers 11,500 BTC to an unknown address, worth about $905 million; 7. U.S Senate updates stablecoin bill GENIUS Act 2025: Expanding overseas jurisdiction for reciprocal provisions on stablecoin payments.
Movement Labs Launches Mainnet with $250M TVL, Reveals First US Movement ETF
Last updated: March 10, 2025 12:51 EDT The Movement Network Foundation , the organization that works on advancing MoveVM technology, has successfully launched its Movement Public Mainnet Beta. Per the press release shared with Cryptonews, Movement is the Network’s first chain and the only Move-based chain that settles to Ethereum . The launch enables permissionless smart contract deployment and user onboarding for the first time. Furthermore, everyone can freely use Movement and build on it. Movement Public Mainnet Beta IS HERE! — Movement Network Foundation (@movementfdn) March 10, 2025 Movement Network is a scalable network of Move-based chains secured by Ethereum, the team explains. It utilizes the Move programming language to create safer execution environments. Its key features include full user onboarding and engagement, as well as permissionless smart contract deployment. “With Public Mainnet Beta, developers can now deploy smart contracts without approval, and users can freely engage with the Movement ecosystem,” said Movement Labs co-founder Rushi Manche. “This marks the beginning of a new chapter for Move-based technology, combining robust security and better performance with Ethereum’s network effects.” Another key feature is the canonical Movement bridge powered by LayerZero. This bridge allows users to transfer the MOVE gas token, USDT, USDC, wBTC, wETH, and other coins to the Movement chain. Lastly, the chain includes attestations of block states. This will be committed to Ethereum as part of the Movement’s Fast Finality Settlement, the team said. Additionally, the Movement Network Foundation says it will continue to launch additional features as the ecosystem grows. When one chapter ends, a new one begins. March 10. https://t.co/kRW1ZQfXvc — Movement (@movementlabsxyz) March 9, 2025 You might also like Rushi Manche, Co-Founder of Movement Labs, on $MOVE, How To Successfully Launch a Token, and The Move Programming Language | Ep. 397 $250 Million TVL on Day One The press release highlighted that the chain has launched with $250 million total value locked (TVL) from its Cornucopia program . Cornucopia solves the “cold start” issue, it argues. It gives Movement Network “substantial day-one liquidity” across BTC, ETH, MOVE, and stablecoins. Concrete , Veda Labs , Echelon and Canopy developed the solution to enable Movement to support DeFi applications from day one, the announcement says. Additionally, the Movement ecosystem just recently announced this year-long program, aiming to “jumpstart Movement DeFi liquidity,” the blog post said on 3 February. 🚨 QUARTER BILLY ALERT 🚨 Alhamdulillah. We have a little more than 2 hours to go before the vaults close and are one step closer to public mainnet. Movement looking good here See you on the other side https://t.co/0UnebOSfsy pic.twitter.com/t4NowBMfzC — Torab (@torabyou) February 22, 2025 Moreover, Cornucopia has a number of vaults grouped in four categories: BTC, ETH, stablecoin, and MOVE vaults. Users can deposit compatible assets. After an 8-week lockup period, assets unlock and go back to users through Movement apps on the newly launched Movement Public Mainnet Beta. Securing $250 million in TVL through the Cornucopia program is “a clear validation of the market’s confidence in Movement,” said Cooper Scanlon, Co-Founder of Movement Labs. “This level of day-one liquidity is exceptionally rare for a new network and gives us, our builders, and our community a significant advantage. It allows us to skip the months-long bootstrapping phase and immediately provide the foundation needed for meaningful DeFi adoption and utility,” Scanlon said. You might also like Cooper Scanlon, Co-Founder of Movement Labs, on Utilizing Web3 and Move Language to Create Your Own Change | Ep. 361 First US Movement ETF Along with the chain launch, the Movement Network Foundation also announced that REX-Osprey has filed for a new exchange-traded fund ( ETF ) focused on the MOVE coin. According to the press release, the ETF would be the first of its kind. It would provide exposure to Movement through traditional financial rails. This includes traditional brokerage accounts and retirement vehicles. At the time of writing, the MOVE coin trades at $0.4997. It is down 3.2% in 24 hours, up 4% in 7 days, and down 5% in 30 days. It hit its all-time high of $1.45 in December 2024, decreasing 65.7% since. “This filing represents a historic moment not just for Movement, but for the entire Move landscape,” said Manche. “Breaking the pattern of ETFs limited to long-established cryptocurrencies opens doors for institutional capital to support next-generation blockchain innovation.” Scanlon added that traditional investors have shown “keen interest” in having regulated exposure to emerging blockchain technologies – but without directly managing tokens. “This ETF represents the convergence of innovative financial products with cutting-edge blockchain architecture,” he concluded. You might also like IOTA Upgrades Its Layer 1 to Move to Become More Competitive
The Company That First Filed an ETF Application for TRUMP and DOGE Now Has an ETF Application for an Unexpected Altcoin!
While new applications for altcoin ETFs continue to be made, an ETF application was made for an unexpected altcoin. Accordingly, investment management firms Rex Shares and Osprey Funds have applied to list an ETF that tracks the price performance of the Ethereum layer-2 network Movement (MOVE). According to filing documents recently filed with the U.S. Securities and Exchange Commission (SEC), the REX-Osprey MOVE ETF will invest at least 80% of its assets in MOVE or related instruments, including direct stocks and derivatives. Additionally, Movement Foundation noted that if approved, the ETF would be the first fund to provide exposure to Movement assets through traditional financial channels. The Movement Foundation also noted that investors will be able to invest in MOVE through traditional brokerage accounts and retirement investment vehicles without having to deal with the technical complexity of managing MOVE tokens directly. Rex Shares and Osprey Funds have previously filed for ETFs offering exposure to memecoins such as TRUMP, BONK, and Dogecoin (DOGE). Related News JUST IN! Spot ETF Application Filed for Dogecoin (DOGE) and Two Surprise Altcoins in the US! *This is not investment advice.
Trump Also Suffered From The Big Decline: Here’s How Much He Lost in the Latest Altcoin Crash
World Liberty Financial (WLFI), the cryptocurrency project backed by US President Donald Trump, has been much talked about recently with its altcoin purchases. However, due to the decline, the portfolio of this project was also greatly damaged. According to the data, the current loss in the portfolio of the Trump family project has reached $ 110 million. The total value of the largest altcoins in the portfolio, purchased for $ 336 million, currently corresponds to $ 226 million. Related News BREAKING: Coinbase Announces It Will List a New Altcoin However, when the details of the portfolio are examined, it is observed that the most assets are in Ethereum (ETH) and the most loss is in this cryptocurrency. The company purchased its ETHs for an average of $ 3,240 and at the time of writing, the ETH price is trading at $ 2,000. The company also has a large amount of WBTC, MOVE and TRX in its portfolio. The company has funded a significant portion of its investments through private sales of its own token, WLFI. *This is not investment advice.
Movement Mainnet Beta is now live
Movement announced the official launch of its public mainnet beta, marking an important step for Facebook's Movement Virtual Machine (MoveVM) towards deployment on Ethereum. The mainnet has raised over $233 million in BTC, ETH, and MOVE token liquidity through Movement's Cornucopia program, and will support smart contract deployment, allowing developers to build and use applications on the network for the first time. The Move language was originally developed by Facebook and was used on Layer 1 networks such as Sui and Aptos. This time, Movement Labs has extended it to Ethereum Layer 2, providing new scalability and security solutions for smart contract development.
MOVE Defies Crypto Selloff, Gains 7% as Mainnet Beta Launch Ignites Rally
MOVE has surged by nearly 10% in the past 24 hours, defying the broader market decline. The rally comes as the Movement Network Foundation launches its Movement Public Mainnet Beta. This development has fueled investor confidence, driving bullish momentum for MOVE despite prevailing bearish sentiment across the crypto market. MOVE Rides Mainnet Beta Hype, Signals Further Upside On Monday, the Movement Network Foundation announced the launch of its Movement Public Mainnet Beta. Described as the first Move-based chain that settles to Ethereum, the network enables permissionless smart contract deployment and seamless developer onboarding. The development has triggered a wave of excitement around MOVE, as it records a spike in market participants’ demand. This is reflected by its daily trading volume, which totals $372 million at press time and has climbed 18% over the past 24 hours. MOVE Price and Trading Volume. Source: Santiment When an asset’s price and trading volume increase simultaneously, it signals strong market interest and bullish momentum as more traders buy or speculate on its future value. This surge in demand indicates positive sentiment toward MOVE and hints at a continuation of its current uptrend. Moreover, on the MOVE/USD one-day chart, readings from the altcoin‘s Awesome Oscillator (AO) support the bullish outlook. At press time, this indicator which measures an asset’s market momentum, posts green histogram bars. MOVE Awesome Oscillator. Source: TradingView When an asset’s AO bars turn green like this, bearish pressure weakens, and bullish momentum increases. This hints at the possibility of an extended rally for MOVE in the near term. MOVE Eyes Breakout at $0.49—Will Bulls Push It to $0.61? At press time, MOVE exchanges hands at $0.48, trading just below the resistance formed at $0.49. If it flips this level into a support zone, it could strengthen its current rally and propel toward $0.61. MOVE Price Analysis. Source: TradingView On the other hand, a resurgence in profit-taking activity would prevent this. In that scenario, MOVE’s price could revisit its all-time low of $0.37.
Из-за спада на крипторынке убытки World Liberty Financial превысили $110 млн
По данным Arkham Intelligence, инвестиции проекта World Liberty Financial (WLFI) обесценились из-за падения цен на криптовалюты на $110 млн, с $336 млн до $226 млн. Больше всего убытков WLFI понёс из-за эфириума, который на момент написания статьи торговался примерно по $2000. Получается, World Liberty Financial, который купил ведущий альткоин по средней цене $3240, потерял примерно $80,85 млн, или почти 37% от общей суммы инвестиций. Другие криптоактивы также сгенерили значительные убытки: stETH ($10,27 млн), WHITE ($5,87 млн), Movement ($3,5 млн), Ondo ($296 000). Самым устойчивым активом проекта оказался Tron , который за последнюю неделю подешевел всего на 2,66%. Несмотря на эти потери, WLFI продолжает наращивать свой портфель и расширять свою экосистему. 6 марта состоялось приобретение эфириума, Wrapped Bitcoin и Movement на сумму $21,5 млн. Кроме того, компания недавно заключила соглашение с блокчейном Sui, основанным бывшими программистами Meta. World Liberty Financial получил широкую известность благодаря тому, что семья Дональда Трампа контролирует более 60% активов проекта. Фонд привлёк значительный интерес инвесторов, собрав $300 млн во время продажи нативных токенов в январе 2025 года. RU @happycoinnews EN @happycoinnews_en
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