Day: March 2, 2025

Polkadot stuck at key support, pointing to a 170% surge

Polkadot price remained above its make-or-break level this week as Bitcoin and most cryptocurrencies crashed.  Polkadot (DOT) fell to a low of $4, slightly higher than the critical support level at $3.60, where it has failed to fall below several times since 2022. The token has held steady above this support level for two main reasons. First, Grayscale and 21Shares have filed for a spot DOT exchange-traded fund, which they hope will be popular among Wall Street investors. Spot Bitcoin (BTC) and Ethereum (ETH) ETFs have done fairly well among…

Ethereum researcher pitches solution to fix centralization woes, eliminate MEV

boss

An Ethereum researcher has pitched a new block proposal solution that aims to democratize Ethereum’s currently centralized block building process by implementing a “shared random algorithm.” The “Decentralized Random Block Proposal” would leverage Byzantine Fault Tolerance (BFT) to eliminate Maximal Extractable Value at the block level, fully democratize block proposing and possibly accelerate propagation — the process by which transactions are broadcast to network validators — pseudonymous researcher Malik672 said in a March 1 post. Malik672 said while Ethereum’s proof-of-stake model and the proposer-builder separation feature has migrated Maximal Extractable Value…

Crypto Bloodbath: Former Binance CEO’s Brutal Truth on Surviving Market Crashes

Bitcoin plunges, panic spreads—former Binance CEO Changpeng Zhao (CZ) says only those who master risk and resilience will thrive in the relentless crypto market. Bitcoin’s Freefall: CZ’s Tough-Love Advice for Investors Who Can’t Handle the Heat Market volatility has once again sparked discussions among crypto investors, with Changpeng Zhao (CZ), the former CEO of crypto […] Source CryptoX Portal

Strong inflows into ARK 21Shares, Fidelity Bitcoin ETFs end 8-day outflow streak

boss

The US spot Bitcoin exchange-traded funds recorded a $94.3 million inflow on Feb. 28 — breaking eight consecutive days of outflows as Bitcoin made a partial recovery toward $85,000. The ARK 21Shares Bitcoin ETF (ARKB) and Fidelity Wise Origin Bitcoin Fund (FBTC) led the way with $193.7 million and $176 million in net inflows respectively, Farside Investors data shows. ARKB and FBTC’s combined $369.7 million inflow more than covered the $244.6 million outflow from BlackRock’s iShares Bitcoin Trust ETF (IBIT), while the Bitwise Bitcoin ETF (BITB) and the Grayscale Bitcoin…

Solana Jumps 9% As Whales Quietly Accumulate Millions—Details

boss

Whale behavior in the Solana market is causing yet another ruckus, but in a good way. The token’s value climbed 9%, reaching roughly $137. A large numbers of moneyed people, “whales” they are called, is gobbling up huge amounts of the Solana crypto. Technical signals suggest a strong momentum and growing open interest, keeping traders upbeat and glued on their celphone or PC screens. Whale Invests Millions Of Dollars In SOL One major investor purchased 50,000 SOL, worth nearly $7 million, data from Lookonchain shows. There were other whales that…

How Lightchain AI continues to thrive while the crypto market faces challenges

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Despite market struggles, Lightchain AI thrives, raising $16.8m in presale, thanks to its strong fundamentals and AI-driven solutions. While the broader cryptocurrency market struggles to find its footing, Lightchain AI stands out by continuing to grow. The project recently raised $16.8 million in its presale, demonstrating investor confidence even as the market faces tough conditions. Although many cryptocurrencies are grappling with challenges such as regulatory uncertainty, declining liquidity, and…

Nothing has changed in US crypto banking since Trump returned: Caitlin Long

boss

The US government has done “nothing” to address crypto debanking issues since US President Donald Trump returned to the White House, according to Custodia Bank’s CEO Caitlin Long. Speaking on stage at ETHDenver on Feb. 28, Long said while the “perception is that there has been a loosening, none of the federal banking agencies have actually overturned any of the anti-crypto guidance.” “It is still presumed unsafe and unsound for a bank to touch a digital asset even in a de minimis amount,” Long said while arguing that “nothing” has…

Whales Add 190,000 Ethereum In The Last 24 Hours – The Accumulation Continues

boss

Ethereum is trading slightly above the most critical support level since December 2023, a price zone that could determine its short-term direction. Bulls must hold this level to prevent further declines and initiate a recovery phase, but selling pressure remains strong. Analysts are divided, with some expecting a prolonged bear market while others see potential for a rebound. Crypto expert Ali Martinez shared Santiment data on X, revealing that whales bought another 190,000 ETH in the last 24 hours. This adds to the broader trend of accumulation that has been…