UniFi Protocol presyoUP

Pi is gradually going up

Solana proposal to slash $SOL inflation by 80% heads to community vote Solana's SIMD-0228 governance proposal aims to dynamically adjust the inflation rate based on staked SOL, potentially reducing annual inflation by up to 80%, according to Solind Intel on X. A community vote is set to begin in nine days.

ETH drops 7% as crypto sell-off continues; Bitcoin holds above $86K Ethereum $ETH extended its decline with a 7% drop in the past 24 hours, while Bitcoin $BTC briefly recovered above $86,000 after trading between $89,000 and $82,500, according to CoinDesk. The broader market fell over 3%, with major tokens like $XRP, $BNB, $ADA and $DOGE dropping up to 4%, leading to over $600 million in liquidations. Litecoin $LTC and Aptos $APT surged over 10% amid speculation surrounding ETF filings. However, analysts remain skeptical about a sustained LTC rally, calling it a potential “sell the news” event. Crypto losses mirrored declines in U.S. equities, with weak Nvidia earnings failing to boost sentiment. Analysts cite macroeconomic uncertainty and geopolitical tensions as key factors affecting Bitcoin’s outlook.

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✳️Ethereum Price Today: Could $ETH Plunge Below $1,000 Amid Market Turmoil? The crypto market has seen a bloodbath throughout February, with Bitcoin plunging to its 2021 low and trading at $86K while the second largest altcoin Ethereum is also facing intense turbulence. ETH dropped below $2,500 after a massive $1.5 billion hack on Bybit, allegedly led by North Korea’s Lazarus group, triggering a 25% price crash. Now, analysts warn Benjamin Cowen warns that ETH could sink even lower, possibly below $1,000, before any meaningful recovery.  🔵Bearish Signals Stack Up ETH’s recent price movement has been largely bearish, with its breakdown below crucial support indicating that further downside could be imminent. The provided chart suggests that $ETH could mirror past capitulation events from April and August, potentially bottoming out below $1,000. If history repeats itself, such a steep decline might be followed by a strong rebound, but only if macroeconomic conditions align favorably. Not to forget that the Federal Reserve’s stance on quantitative easing (QE) is a critical factor influencing ETH’s outlook. Currently, no signs indicate that the Fed is ready to inject liquidity into markets, which could worsen the downward trend. If this tight monetary policy continues, Ethereum could fall below $1,500 and can go toward $1,200 or even sub-$1,000 before stabilizing. 🔵Can Ethereum Recover? A shift in the Fed’s monetary policy could be the catalyst $ETH needs for a reversal. Historically, Ethereum has benefited from increased liquidity following QE events, often leading to an ETH/BTC ratio surge. If the Fed reintroduces stimulus measures by March 2025, Ethereum could rebound significantly.  For now, Ethereum remains under heavy pressure, with analysts cautioning that the worst might not be over. However, should $ETH hold above $2,000 amid improving market conditions, a recovery to the $3,500–$4,000 range remains on the table.