According to recent analysis by Coindesk’s Omkar Godbole, Bitcoin (BTC) experienced a significant downturn, slipping below the key SMA200 moving average on Friday, culminating in a noticeable 16% decline over
BRICS will prioritize secure, transparent payment systems this year under Brazil’s leadership, advancing financial sovereignty and reducing reliance on Western financial networks. BRICS Payment Systems Just Got Serious—Brazil’s 2025 Agenda Revealed Brazilian President Luiz Inacio Lula da Silva announced on Feb. 26 that Brazil will focus on developing secure payment systems during its BRICS presidency
The post Are We Entering The ‘Unsexy’ Phase of Crypto? SEC’s Expected Moves Fail to Excite Traders appeared first on Coinpedia Fintech News Chris Burniske, co-founder of Placeholder, a New York venture firm that specializes in crypto assets, recently shared his thoughts on the current state of cryptocurrency. He believes that crypto has moved past its early days of big dreams and is now entering a new phase focused on real-world applications and scaling up. According to Burniske, while crypto’s next phase will be crucial for widespread adoption, it might not be as exciting for the “idealists” in the space. Instead of groundbreaking ideas, the focus will shift to getting the basics right and scaling them effectively. Burniske pointed out that the most important uses for blockchain technology—like global savings, low-fee transactions, and open access to capital—will take time to develop. The infrastructure still needs work before these ideas can create meaningful change. Burniske acknowledged the hard work that has already been done in crypto over the past 1.5 decades, calling it the most challenging part of getting society to believe in blockchain. However, once institutions and people understand the value of crypto, the next challenge will be about scaling and making these technologies a standard part of our daily lives. Similar views described to me yesterday by a crypto asset manager when I asked for his thoughts on the #crypto selloff. He said he thinks of the crypto market as three cohorts — (1) Crypto enthusiast individuals and traders, who follow the space daily and are immersed in… https://t.co/UJJWzSRpiR — Eleanor Terrett (@EleanorTerrett) February 28, 2025 He believes that in the future, we will look back at the early days of crypto and realize that many of the systems were just in their “toy” stage. When crypto becomes the default, it won’t be as “sexy” or exciting—it’ll just be something everyone uses. Crypto Market Sentiment: Waiting for the Next Big Thing Echoing Burniske’s thoughts, Fox Business journalist Eleanor Terrett spoke with a crypto asset manager who shared his views on the current market. He explained that the crypto market can be divided into three groups: Crypto Enthusiasts and Traders : These people are highly involved in the crypto world and follow news on Crypto Twitter. Mainstream Self-Directed Investors : These individuals occasionally check crypto news but don’t actively trade. Mainstream Professionals : These are institutional investors and professionals in finance. The asset manager pointed out that the largest group—crypto enthusiasts—are feeling a bit lost right now. There haven’t been any exciting new updates from regulators or the government, aside from expected moves like the SEC’s enforcement actions. As a result, many crypto traders are uncertain about where the next big boost will come from, which is affecting market sentiment.
XRP price started a fresh decline below the $2.250 and $2.20 support levels. The price is now consolidating losses and remains at risk of more losses. XRP price started a fresh decline below the $2.250 level. The price is now trading below $2.220 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.20 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move down unless there is a close above the $2.30 resistance zone. XRP Price Dips Further XRP price failed to continue higher above the $2.350 resistance zone and started a fresh decline, like Bitcoin and Ethereum . There was a move below the $2.25 and $2.20 support levels. The price even dipped below the $2.120 support to enter a bearish zone. A low was formed at $2.0220 and the price is now struggling to stay above $2.0. The price is showing many bearish signs below the 23.6% Fib retracement level of the downward move from the $2.363 swing high to the $2.022 low. The price is now trading below $2.10 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.120 level. The first major resistance is near the $2.20 level or the 50% Fib retracement level of the downward move from the $2.363 swing high to the $2.022 low. There is also a key bearish trend line forming with resistance at $2.20 on the hourly chart of the XRP/USD pair. The next resistance is $2.30. A clear move above the $2.30 resistance might send the price toward the $2.350 resistance. Any more gains might send the price toward the $2.420 resistance or even $2.450 in the near term. The next major hurdle for the bulls might be $2.50. More Losses? If XRP fails to clear the $2.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.020 level. The next major support is near the $2.00 level. If there is a downside break and a close below the $2.00 level, the price might continue to decline toward the $1.9650 support. The next major support sits near the $1.880 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.020 and $2.00. Major Resistance Levels – $2.20 and $2.30.
Binance Coin (BNB) is currently navigating a pivotal moment as it tests the $600 support level, raising critical questions about its future price momentum. Persistent bearish trends have emerged following
Crypto derivatives platform BitMEX is reportedly looking for a buyer, signaling a potential shake-up in the digital asset trading industry. The exchange, once a dominant player in the crypto derivatives market, has enlisted Broadhaven Capital Partners, an investment banking firm, to facilitate a sale, according to a CoinDesk report . The development comes as BitMEX grapples with legal troubles, including a hefty $100 million fine over anti-money laundering violations. Broadhaven Capital Partners specializes in mergers and acquisitions (M&A) advisory and has worked with several financial institutions in securing strategic deals. The search for a buyer underscores the competitive landscape of the crypto derivatives market, where leading platforms are looking to consolidate their positions. BitMEX, founded in 2014, was once a pioneer in Bitcoin futures trading, but it has faced growing competition from rivals like Deribit, Binance, and Bybit. BitMEX’s reported sale efforts come amid a wave of mergers and acquisitions in the crypto industry. Notably, Deribit, the world’s leading Bitcoin and Ethereum options exchange, has been at the center of a bidding war between Coinbase and Kraken as both firms seek to expand their derivatives offerings. Meanwhile, FalconX, a prime brokerage firm, recently acquired Arbelos Markets , a trading firm specializing in crypto derivatives. The deal is part of FalconX’s expansion strategy to strengthen its presence in the derivatives sector, an area of growing interest for institutional investors. BitMEX’s attempt to find a buyer comes just over a month after a US court ordered the exchange to pay a $100 million fine for violating anti-money laundering laws. This follows a 2022 guilty plea from BitMEX and its co-founders, who had already paid $110 million in penalties. The legal troubles stem from a 2020 indictment that led to Arthur Hayes stepping down as CEO. The US Department of Justice had accused BitMEX’s leadership —including co-founders Ben Delo and Samuel Reed—of failing to implement proper compliance measures, allowing illicit transactions to flow through the exchange. As BitMEX explores a sale, the outcome could reshape the competitive landscape of the crypto derivatives industry. Whether a major player acquires the platform or it struggles to find a buyer remains to be seen. With regulatory scrutiny tightening, the fate of BitMEX will likely influence how other crypto exchanges navigate compliance and M&A strategies moving forward. The post Crypto derivatives platform BitMEX reportedly seeking buyer amid market shifts appeared first on Invezz
Binance to Support Ethernity Chain Token Swap to Epic Chain
Binance coin faces a crucial test at the $600 zone as sentiment and tokenomics on the chain take a shift.
Is OFFICIALMAGACOIN the Next 1000x Crypto? The crypto market is gearing up for another explosive year, and while Bitcoin (BTC) and XRP continue to lead, investors are on the hunt for the next big winner. OFFICIALMAGACOIN has already raised over $3 million in presale, proving that early adopters are betting big on its massive growth potential. With a presale price under $0.20, a limited supply, and increasing demand, this could be the best investment opportunity before 2025’s bull run. Could this be the next 10,000% gainer? PRESALE SPOTS ARE SELLING OUT FAST – CLICK HERE TO BUY NOW AT OFFICIALMAGACOIN! Why OFFICIALMAGACOIN Could Be the Best Investment of 2025 Over $3 Million Raised – Strong investor confidence and rapid adoption. 10,000% Growth Potential – Experts predict this could be one of the biggest gainers of the next cycle. Exclusive Early Access – Only available at OFFICIALMAGACOIN , ensuring the best price for early buyers. 50% BONUS OFFER – Invest now and use code “ MAGA50X ” to receive 50% extra tokens on your purchase! LIMITED TIME ONLY! USE PROMO CODE MAGA50X TODAY FOR A 50% EXTRA BONU S! How Do Other Cryptos Compare? Bitcoin (BTC): The most trusted crypto but already highly valued, limiting upside potential. XRP: A leading asset for cross-border payments, but still faces regulatory hurdles. Kaspa (KAS): A fast-growing blockchain using blockDAG technology for lightning-speed transactions. Polkadot (DOT): A multi-chain network built for cross-chain compatibility, but struggling to gain mass adoption. DON’T WAIT! APPLY “MAGA50X” NOW FOR A 50% BONUS BEFORE PRESALE ENDS! Why Investors Are Choosing OFFICIALMAGACOIN Over Other Cryptos While BTC, XRP, KAS, and DOT are established players, the biggest profits always come from early-stage investments. OFFICIALMAGACOIN is still in presale, meaning those who invest now have the best chance to secure tokens at the lowest price before they hit major exchanges. Final Call—Time Is Running Out! With millions already raised and a limited number of presale tokens left, this could be your last opportunity to buy before prices surge. Early investors always see the biggest returns—don’t miss out on one of the biggest crypto opportunities of 2025! CLAIM YOUR 50% BONUS NOW AT OFFICIALMAGACOIN WITH CODE “ MAGA50X “! Website: OFFICIALMAGACOIN X/Twitter: https://x.com/officialMAGAx Continue Reading: Breaking News: Bitcoin, XRP & OFFICIALMAGACOIN Might Deliver 10,000% Growth in 2025!
Blockchain technology is changing industries like wireless connectivity, data storage, and online shopping. Helium introduced a decentralized wireless network where users earn HNT for IoT coverage, while Arweave enables permanent blockchain data storage. As more blockchain services gain attention, Web3Bay is emerging as a key player in decentralized e-commerce. With $1.55 million raised during its presale and over 375 million tokens sold, Web3Bay is attracting widespread interest. Compared to Helium and Arweave, which focus on specific needs, Web3Bay’s platform aims to compete with giants like Amazon and eBay by offering lower fees and more user control. Why Crypto Analysts Show Confidence in Web3Bay’s Growth Potential Web3Bay’s presale has gained traction, raising $1.55 million as popular crypto figures on Twitter and YouTube highlight its potential. With over 375 million tokens sold, the project has drawn the attention of early adopters who see its promise in reshaping online retail. Currently, in Stage 4, the 3BAY token is priced at $0.00456 before the next price increase. Influencer marketing has significantly contributed to boosting Web3Bay’s visibility and traction. Prominent crypto analysts and traders have been pivotal in promoting its decentralized marketplace as an effective alternative to traditional platforms like Amazon and eBay, which are known for their high fees and centralized control. Moreover, reviews on YouTube and active discussions on Twitter have spurred organic engagement, enhancing investor confidence in the project’s innovative vision. Social proof is significantly driving Web3Bay’s expansion. Crypto influencers engaging with the presale and sharing their positive experiences have captured the attention of retail investors. Additionally, endorsements from well-known figures could increase its reach beyond crypto circles. Together, these factors, along with growing demand, position Web3Bay as a blockchain commerce platform with strong community support. Helium: The Crypto-Powered Decentralized Wireless Network Helium was founded in 2013 by Amir Haleem, Shawn Fanning, and Sean Carey, aiming to create a decentralized wireless network. In 2019, it launched Helium Hotspots, allowing users to earn HNT for providing IoT coverage. By 2021, the network had expanded to over 500,000 hotspots in 169 countries. In April 2023, Helium moved to the Solana blockchain to improve efficiency. This transition helped launch Helium Mobile in December 2023, a decentralized mobile network now generating about 90% of the project’s revenue. Despite market ups and downs, Helium remains active in Web3. As of February 2025, HNT trades at $3.46, reflecting steady usage and adoption. Its decentralized model continues to attract individuals and businesses seeking wireless infrastructure outside traditional systems. Arweave: Enabling Permanent Blockchain Storage Arweave began in June 2018, offering permanent data storage on the blockchain. In 2019, it raised $5 million from backers like Andreessen Horowitz and Union Square Ventures. Its growth accelerated in 2021 as demand for permanent storage increased with the rise of NFTs. By early 2025, daily data uploads averaged more than 400 GB. Despite price fluctuations, Arweave remains a leading choice for long-term blockchain storage. For example, the AR token rose above $40 in August 2024 before stabilizing at $9.05 in February 2025. Arweave’s lasting value lies in its low-cost, permanent storage for digital assets like archives, NFTs, and decentralized social media. As adoption grows, it continues to serve as a core storage layer for Web3 applications that need data preservation. To Sum Up! Blockchain platforms are reshaping traditional industries, providing decentralized alternatives to centralized services. Helium offers a wireless network powered by user participation, while Arweave ensures permanent data storage. Both address specific needs within blockchain technology. However, Web3Bay takes a broader approach, aiming to disrupt e-commerce with lower fees and greater control for users. With $1.55 million raised in presale and growing recognition across crypto communities, Web3Bay stands out as a platform with the potential to challenge leading online marketplaces. Join Web3Bay Presale Now: Presale: https://web3bay.io/buy Website: https://web3bay.io/ Twitter: https://x.com/web3bayofficial Instagram: https://www.instagram.com/web3bayofficial/ The post 2025’s Biggest Presale Boom— Web3Bay Secures $1.55M in Weeks! Helium & Arweave Investors Are Reacting Fast appeared first on TheCoinrise.com .