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MainNewsShould Inves...

Should Investors Be Worried? ONDO Price Plummets 60% with No Floor in Sight 


Mar, 11, 2025
2 min read
by Harvey Hunter
for Cryptonews
Should Investors Be Worried? ONDO Price Plummets 60% with No Floor in Sight 

While the past week showed promising upside attempts, like most top-performing altcoins, the Ondo price has struggled under broader economic pressures.

Trump’s “tariff war,” NATO tensions, and rising global bond yields have made buzzwords like “stagflation” and “recession” all too common—a cause for concern for RWA tokens like Ondo.

Recent hours do see some relief.

A bounce from $0.74, backed by a 25.27% surge in trading volume to $320 million, has sparked hopes of a “buy the dip” event, but it’s too early to confirm a sustained recovery.

Ondo Price Analysis: Is a Bottom in Sight?

Today’s rebound confirms the lower support of a descending channel that has dictated price movements throughout the decline.

ONDO / USDT 1D chart, descending channel. Source: Binance.
ONDO / USDT 1D chart, descending channel. Source: Binance.

While the price has bounced, the retest has yet to prove decisive, with technical indicators hanging in the balance.

The MACD line continues to trend sideways, crossing briefly above and below the signal line, while the Relative Strength Index (RSI) struggles to escape oversold conditions near 30.

Although an RSI uptrend appears to be forming, recovery to a neutral 50 remains uncertain as the bulls seem reluctant.

If bullish momentum persists, Ondo could climb to retest the channel’s upper resistance, potentially breaking out toward $1.55—a 60% gain from current levels.

Conversely, with conditions still fragile, broader economic pressures could trigger another drop, risking a further 50% decline to a bottom of $0.42.

This ICO Helps Hedge Against Altcoin Declines

Any trader hedging their risk likely features Bitcoin (BTC) as a major part of their portfolio, especially as the altcoin market continues to fall.

While Bitcoin provides stable gains, it often sacrifices upside potential—that’s where Bitcoin Bull (BTCBULL) comes in, offering a fresh way to capitalize on BTC tailwinds.

True to its name, Bitcoin Bull ties its tokenomics to Bitcoin’s price growth in a deflationary model.

The project burns tokens and distributes BTC airdrops whenever Bitcoin reaches key milestones—starting at $125,000 and triggering new rewards for every $25,000 climb thereafter.

Bitcoin Bull (BTCBULL) presale website.

With some analysts forecasting BTC highs of $250,000 this cycle, BTCBULL could become a Bitcoin Maxi’s best friend.

With almost $3.5 million raised in its initial weeks, the project is already gaining strong momentum—potentially credited to its 123% APY on staking that rewards early investors.

You can keep up with Bitcoin Bull on X and Telegram, or join the presale on the Bitcoin Bull website.

The post Should Investors Be Worried? ONDO Price Plummets 60% with No Floor in Sight  appeared first on Cryptonews.

Read the article at Cryptonews

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MainNewsGerman stock...

German stock exchange Deutsche Börse to launch crypto custody with new Clearstream service


Mar, 11, 2025
2 min read
by Oluwapelumi Adejumo
for CryptoSlate
German stock exchange Deutsche Börse to launch crypto custody with new Clearstream service

Clearstream, a subsidiary of Deutsche Börse, is set to launch crypto custody services for institutional clients. Deutsche Börse is Europe’s third-largest stock exchange.

The company announced this development on March 11, marking a significant step in its expansion into digital assets.

According to the statement, the service will initially support Bitcoin and Ethereum, with plans to incorporate additional cryptocurrencies over time.

Institutional clients will gain access to the custody and settlement service starting in April. Clearstream will rely on its majority-owned subsidiary, Crypto Finance, to handle sub-custody for digital assets.

Clearstream credited Crypto Finance with laying the foundation for this expansion by securing a Markets in Crypto-Assets (MiCA) framework license. This approval enables the firm to operate across Europe while reinforcing its regulatory standing.

MiCA establishes a standardized regulatory structure for digital assets across the European Union, aiming to eliminate inconsistencies in compliance.

Jens Hachmeister, who leads issuer services and new digital markets at Clearstream, emphasized that this initiative strengthens the company’s role as a comprehensive provider of crypto custody, brokerage, and settlement solutions.

He added:

“The institutional-grade, regulatory compliant solution offers clients easy and quick access to new asset classes while enjoying the best features of our trusted and established post-trading systems.”

He also reportedly hinted that the company is preparing for future stablecoins and tokenized securities developments.

Meanwhile, this move aligns with Deutsche Börse’s broader moves within the digital asset sector. In March, the German stock exchange introduced a regulated spot trading platform for crypto, targeting institutional investors.

Stijn Vander Straeten, CEO of Crypto Finance Group, noted that these initiatives strengthen Deutsche Börse Group’s leadership in digital assets.

Vander Straeten pointed out that the company now offers direct crypto services and integration with traditional financial systems, providing a seamless entry point for institutions exploring the crypto market.

The post German stock exchange Deutsche Börse to launch crypto custody with new Clearstream service appeared first on CryptoSlate.

Read the article at CryptoSlate

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