Ethereum is currently going through a tough time in the market. Since 28 March 2025, $ETH has traded below the important $2,000 level and hasn’t been able to recover.
Recently, Bitcoin exchange-traded funds (ETFs) also brought in $381.4 million—the biggest daily amount since the end of January.
Miners are rushing shipments, exploring alternatives, and bracing for rising costs and supply chain disruptions as US-China tariffs threaten ASIC imports.
In both cases, the attackers found weaknesses in the platforms’ internal systems — not in user wallets. For KiloEx, it was a basic flaw in the price feed system. For ZKsync, it was admin access to the airdrop contracts.
The return to the US comes just two months after a major legal settlement with the US Department of Justice where OKX pleaded guilty to running an unlicensed money-transmitting business in the country.
The measure first cleared the Senate on 4 March and then passed through the House the following week. Due to its link to a budgetary matter, it needed another final vote in the Senate before reaching President Trump's desk.
Mass investor exodus, ETF outflows, Mt. Gox repayment concerns, and market-wide declines has fuelled a bearish sentiment for Bitcoin.
After several weeks of upward momentum, the cryptocurrency market has recently seen a notable decline. Its overall market capitalisation has decreased by more than 3% in a single day.
Recently, Ethereum has experienced a bullish surge, crossing the crucial $3,000 mark. This uptick is largely due to major stakeholders withdrawing and staking significant amounts of $ETH.