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Showing posts from February, 2025

SEC drops high-profile crypto cases in pivot

The Securities and Exchange Commission (SEC) is dropping crypto lawsuits like flies as its regulatory scope dramatically changes under Donald Trump’s new administration  Indeed, it’s dropped legal action against six major crypto firms already this month. This week, Consensys founder Joseph Lubin revealed that the SEC agreed to drop its lawsuit targeting the wallet tool MetaMask. On Wednesday, the SEC closed its investigation into the Winklevi-owned crypto exchange Gemini. Cameron Winklevoss celebrated the dismissal and demanded that the individuals responsible for the legal action be fired publicly .   On Monday, the SEC informed our litigation counsel @JackBaughman27 that it has closed its investigation into @Gemini and will not be pursuing an enforcement action against us. This comes 699 days after the start of their investigation and 277 days after they sent us a Wells… pic.twitter.com/dTjg9CJXVl — Cameron Winklevoss (@cameron) February 26, 2025 Cameron ...

Standard Chartered Sticks to $500K Bitcoin Target Despite

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As the bearish month of February comes to an end, the majority of assets in the cryptocurrency market were seen enduring losses. Bitcoin (BTC) was leading this downtrend as the king coin dipped below the $80,000 mark. While newbies were panic selling and some were buying the dip, Standard Chartered restored hope into the chaotic BTC market. Also Read: Dogecoin: Elon Musk’s Grok Predicts When DOGE Will Hit $0.90 $500,000 Still On The Cards For Bitcoin Source: Watcher Guru As soon as Bitcoin hit the $100,000 mark, a plethora of predictions for the king coin started flowing in. While some were betting on $200,000, a few others were setting ambitious targets like $500,000. But the asset’s latest drop to a low of $78,899.26 has left investors feeling bearish. Amidst this, Standard Chartered’s head of digital assets Analysis , Geoffrey Kendrick, told CNBC that he thinks Bitcoin will reach $200,000 this year. Furthermore, the optimistic cryptocurrency expert continues to predict th...

Square Enix NFT Game ‘Symbiogenesis’ Enters The Final Season

Square Enix, the video game publisher and entertainment conglomerate, has announced the end of season three of its Symbiogenesis non-fungible token game. At the same time, the gaming company has also revealed the final roadmap for its Symbiogenesis non-fungible token project. In this article, we shall discuss about the Symbiogenesis NFT game’s final roadmap in detail: Square Enix Symbiogenesis NFT Game Explained In a February 25 blog post, Square Enix announced that the third season of its Symbiogenesis non-fungible token game has ended, and the final season is coming soon. The gaming company originally announced the project roadmap during the awards season broadcast. The team has selected and awarded some loyal players who participated actively in the Symbiogenesis Season 3. All game winners will be further notified of the award collection. ════════════════ #SYMBIOAWARD -SEASON ...

This ‘highly accurate indicator’ sets XRP’s price next stop

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XRP investors might need to wait longer for the asset to make a decisive breakout, as a reliable technical indicator suggests that more losses could be on the way. Specifically, XRP’s TD Sequential indicator has flashed a sell signal, indicating that the asset might be setting up for further declines in the coming sessions, according to an outlook by prominent cryptocurrency analyst Ali Martinez in an X post on February 26. Martinez pointed out that the indicator has accurately predicted XRP’s price direction since 2022. Picks for you Animoca Brands joins the MultiversX network, pushes EGLD forward 3 mins ago Wall Street performs record Bitcoin sell-off with ETFs — Is BTC bottom in? 44 mins ago ...

Crypto Bear Market Callers Are Misguided, According to Investor Chris Burniske – Here’s Why

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Venture capitalist Chris Burniske says that the current dip in digital assets is typical of any bull market cycle. In a post on the social media platform X, Burniske, the former head of crypto at Cathie Wood’s ARK Invest and current partner at Placeholder, points out other corrections in the 2021 bull market cycle that ultimately preceded new highs. “In the middle of 2021: BTC drew down 56% ETH drew down 61% SOL drew down 67% Many others 70-80%+ You can come up with all the reasons for why this cycle is different, but the mid-bull reset we’re going through isn’t unprecedented. Those calling for a full-blown bear are misguided.” At time of writing, Bitcoin (BTC) is down 20% from its all-time high, Ethereum (ETH) is down 50% from its all-time high while Solana (SOL) is down 51%. Earlier this month, Burniske said that BTC’s lackluster price performance looked like a “mid-cycle top” reminiscent of April, May, June ...

Official Trump Price Prediction: TRUMP Falls 14% As The US President Says Tariffs Still On, While Investors Turn To This ICO For Safer Meme Coin Investing

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The Official Trump price plunged 14% in the last 24 hours to trade at $13.08 as of 11:41 p.m. EST on trading volume that surged 140% to $1.3 billion. This drop in the TRUMP price comes after US President Donald Trump said that steep tariffs on Canadian and Mexican products are indeed coming next week. “The tariffs are going forward on time, on schedule,” Trump said in a press conference with French President Emmanuel Macron at the White House on Monday. Trump: "We were taken advantage of. We were led by, in some cases, fools…. Tariffs are going forward." pic.twitter.com/f02XbiAdja — Mr Producer (@RichSementa) February 24, 2025 Official Trump Price Shows Signs Of A Likely Rebound The TRUMP price chart is displaying a strong bearish trend, with price action continuously declining within a descending wedge pattern. The Official Trump price has now broken below the lower trendline of this wedge, suggesting a possible further drop. Meanwhile, the breakdown ...

Federal Reserve Digital Assets: BFT, XRP, XLM, & HBAR

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The latest Federal Reserve digital assets have started a transformative shift as the nation’s central bank officially recognizes the powerful Byzantine Fault Tolerant (BFT) consensus mechanisms through a pioneering research paper. Right now at the time of writing, this game-changing acknowledgment strengthens the position of XRP, XLM, and HBAR in the blockchain security landscape, while also establishing a remarkable pivot in how financial institutions approach the entire spectrum of digital payment systems. ️ FEDERAL RESERVE OFFICIALLY EMBRACES BFT, CEMENTING XRP, XLM, AND HBAR’S ROLE IN SECURE PAYMENTS️ The Federal Reserve has officially acknowledged the efficiency and scalability of Byzantine Fault Tolerant (BFT) consensus models in a research paper discussing a secure payment… pic.twitter.com/2pJ0j2Nx8U — SMQKE (@SMQKEDQG) February 21, 2025 Also Read: Gold Prices Hover Near Record Peak How Federal Reserve Digital Assets and BFT Could Revolutionize Blockchain Security with XRP,...

Technical Indicator Suggests DeFi Altcoin Maker (MKR) Primed for a Pullback, According to Crypto Trader

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A technical Analysis indicator suggests the decentralized finance (DeFi) altcoin Maker (MKR) could be poised for a correction, according to a popular crypto analyst. Trader Ali Martinez tells his 128,100 followers on the social media platform X that MKR’s Tom DeMark (TD) sequential indicator flashed a bearish signal on its 12-hour chart. Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their 13 previous bars or candles. “Maker MKR could be gearing up for a pullback, as the TD Sequential indicator flashes a sell signal on the 12-hour chart!” Source: Ali Martinez/X MKR is trading at $1,441 at time of writing. The 85th-ranked crypto asset by market cap is down nearly 1.5% in the past 24 hours but is up nearly 45% in the past seven days. Martinez also shares his outlook on the newly rebranded layer-1 blockchain Sonic (S), which was previously known as Fantom. “I wonder i...

Not 100%, BRICS To Face 150% Tariffs If They Ditch the US Dollar

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US President Donald Trump said that he threatened BRICS with 150% tariffs on goods if they seek an alternative currency to the dollar. The alliance of nine countries kick-started the de-dollarization agenda after the US pressed sanctions on Russia in 2022. China and Russia spearhead the initiative convincing developing countries to settle trade in local currencies. Also Read: BRICS Continue To Discuss Alternative Payment Options to the US Dollar “You know, the BRICS states were trying to destroy our US dollar. They wanted to create a new currency,” Trump said on Thursday when addressing the Republican Governors Association in Washington. He also suggested that the alliance wanted to use the Chinese yuan for trade settlements instead of the US dollar. “So, when I came in, the first thing I said is ‘any BRICS state that even mentions the destruction of the US dollar will be charged a 150% tariff,'” he noted. “We don’t want your goods,” the US P...

Pi Network Price Prediction: PI Plunges 57% As Investors Pivot To This $2.4M Bitcoin Presale Offering Free BTC

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The Pi Network price plunged 57% in the last 24 hours to trade at $0.658 as of 11:21 p.m. on trading volume of $972 million. The highly anticipated launch of Pi Network’s Open Mainnet on Feb. 20 led to significant price fluctuations for its native token PI Coin as initial excitement quickly turned into a rapid sell-off. This morning, $PI launched, and as expected, it’s been a full-blown dump since going live. Right now, PI remains in an LTF downtrend. The first sign of strength would be gaining $0.928 to form a higher low. Stay tuned for more $PI TA updates! pic.twitter.com/nCj08Gs4uy — N0IR (@0RN0IR) February 20, 2025 Pi Network, a platform that lets users mine cryptocurrency through a mobile app without requiring power-intensive hardware, moved from a restricted beta phase to an open blockchain, allowing transactions outside its ecosystem. Pi Network Price Shows Bearish Reversal and Potential Support Zones The PI Coin price action suggests that the token ex...

Market Downturn Fuels Interest in These 5 High-Potential Meme Coins

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Since Trump’s inauguration, the market has faced significant turbulence, with consistent declines in recent months. Despite this downturn, it remains relatively strong, holding above $3 trillion. However, concerns persist over how much further it could drop before reversing into a bullish trend. A decline to $2.5 trillion would erase substantial progress, adding to market uncertainty. While setbacks have shaken sentiment, some investors see this as an opportunity to accumulate undervalued assets in anticipation of a rebound. Still, opportunities exist, particularly in the meme coin sector, where several projects are gaining interest as potential investments. Pepe (PEPE) Pepe coin is currently benefiting from a shift in macroeconomic and political sentiment, which could have a long-term positive impact on its trajectory. Recent trends indicate a more stable and optimistic outlook, which bodes well for assets like $PEPE. One of the major factors influencing market sentiment is ...

Best Wallet Presale Surges Past $10 Million – Best Utility Token to Buy Now?

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Best Wallet (BEST) is rapidly becoming one of the top cryptocurrency wallets in the market, having already raised over $10 million. With its sleek design, user-friendly interface, and standout Features , it is gaining traction among crypto enthusiasts worldwide. For those who have yet to explore Best Wallet, downloading it is free, making it easy to experience its functionality firsthand. The wallet has been making waves due to its advanced Features , which set it apart from other options available. Notably, a Google search for “best crypto wallet” reveals Best Wallet as one of the top organic search results, reinforcing its growing dominance in the industry. Best Wallet: A Multi-Chain Crypto Wallet Best Wallet solves problems found in many crypto wallets. This non-custodial, multi-chain wallet is growing fast, with over 250K monthly active users, showing its strong presence in the competitive crypto wallet market. MetaMask mainly supports Ethereum and EVM-compatible n...