Magic Eden, the prominent NFT marketplace that once aggressively expanded across multiple blockchains, announced it will terminate its support for Bitcoin and Ethereum Virtual Machine (EVM) networks next month to focus resources on its newly launched gambling platform, Dicey. The strategic retreat marks a significant contraction for the firm, which had sought to rival OpenSea and Blur by offering a unified multi-chain trading experience. According to a statement from CEO and co-founder Jack Lu, the platform will discontinue its marketplaces for EVM and Bitcoin-based Runes and Ordinals on March 9.…
Category: Reviews
Bitcoin Stability Tested: ETF Institutional ‘Shield’ Battles Geopolitical Volatility
Bitcoin (BTC) is trading near $66,400, retreating roughly 1.5% in the last 24 hours as geopolitical tensions dampen broader risk asset sentiment. While global instability has triggered a flight to safety in traditional markets, US spot Bitcoin ETF inflows have returned with force, effectively creating a capital floor for digital assets. Despite the immediate headline risk, BTC USD managed to hold above the critical $65,000 threshold, after dipping briefly. Huge liquidity at both sides for Bitcoin! pic.twitter.com/66tQ1PLryb — Crypto Rover (@cryptorover) March 2, 2026 While the internal market structure strengthens,…
XRP Price Upside Threatened as $1.42 Emerges Key Resistance
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Block Inc Slashes 40% of Staff in Major AI Restructuring: Good for Crypto?
Block Inc (NYSE: XYZ), the fintech payments company led by Jack Dorsey, announced a massive workforce reduction on Thursday, slashing approximately 40% of its staff as part of a pivot toward AI. The restructuring will reduce the company’s headcount from over 10,000 employees to fewer than 6,000, a drastic measure that Dorsey described as necessary to create a smaller, flatter, and more agile organization. The reduction affects nearly 4,000 roles across the company’s portfolio, which includes Cash App, Square, and its Bitcoin-focused initiatives like Spiral. Following the announcement, Block’s shares…
BTC Price Dipped Despite $507M Spot ETF Inflows From BlackRock
BTC price is trading around $66,000, down roughly 3% in the last 24 hours. It briefly approached $70,000 earlier this week but failed to hold, slipping toward $66,000 amid renewed selling pressure. US spot Bitcoin ETFs saw $507 million in net inflows the prior day, with BlackRock’s IBIT alone taking in nearly $300 million, and over $200 million today but the price hasn’t followed suit. Despite strong institutional buying, this disconnect shows institutions accumulating steadily while retail traders and leveraged players take profits at key resistance levels like $67K–$70K. While…
Sam Bankman-Fried Endorses CLARITY Act From Prison: Draws Bipartisan Rebuke
Sam Bankman-Fried (SBF), currently serving a 25-year sentence at the Metropolitan Detention Center in Brooklyn, has publicly endorsed the Clarity Act, a major piece of cryptocurrency legislation pending in Congress. On Wednesday, 25 February 2025, Sam Bankman-Fried took to X to voice his enthusiasm for the bill, framing it as a victory for the incoming administration. “The CLARITY Act will be a huge milestone for crypto and a huge achievement for @realDonaldTrump,” SBF wrote. He went on to claim that he had championed similar legislation to remove crypto from SEC…
Solana (SOL) Upside Builds, $100 Breakout Hopes Strengthen Across Market
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Is the 549B Shiba Inu Inflow a Precursor to a Breakdown?
On-chain analytics have detected a massive surge in liquidity flowing toward trading platforms, with approximately 549 billion Shiba Inu (SHIB) tokens deposited into exchange wallets over the past 24 hours. This sharp spike in Shiba Inu exchange inflow coincides with the asset testing critical structural support near the $0.00000608 level. With a bearish SHIB death cross forming on intraday charts, traders are now questioning if this supply wall will trigger a breakdown below the year-to-date lows. DISCOVER: Best Meme Coins to Buy Now SHIB Exchange Inflows Spike: What the 549B…
BTC USD Eyes $70K Breakout as Nvidia Earnings Causes Chaos
BTC USD price rebounded over 7% to touch an intraday high of $69,487 on Thursday, driven by a cascade of short liquidations and renewed risk-on sentiment following Nvidia Corp.’s blockbuster earnings report. The strong reversal comes just 48 hours after BTC dipped below $63,000, creating a volatile environment that has wiped out over half a billion dollars in leveraged positions. $NVDA just had its biggest Q/Q revenue growth in history and it says that data center revenue is now up 13x since ChatGPT was released pic.twitter.com/6H3DNh0jEJ — Joe Weisenthal (@TheStalwart)…
XRP Price Turns Completely Bearish, But Is A Crash To $1 Still Possible?
Crypto analyst CasiTrades has warned that the XRP price structure has turned bearish, putting the altcoin at risk of a further decline. The analyst also suggested that the price could still crash below $1 as it looks to find a bottom. XRP Price Structure Shifts Bearish With Key Levels Below In an X post, CasiTrades stated that the XRP price structure has shifted bearish, with key levels below. She further revealed that price is starting to gather sell strength and that the trendline break is looking to form resistance. The…