Solana cofounder Anatoly Yakovenko says Bitcoin (BTC) has zero intrinsic value compared to other assets. His tirade against the largest cryptocurrency by market capitalization has triggered polarizing reactions in the ecosystem with a cross section taking swipes at Solana. Bitcoin Has No Value And Is Not An Investment, Says Solana Cofounder Solana cofounder Anatoly Yakovenko has cast aspersions on Bitcoin’s viability as an investment option, saying the asset has no value. Yakovenko made the assertions on a post on X, claiming that the asset is not an investment but akin to a coin flip. He argues that the best-case scenario for Bitcoin is as “insurance” against the collapse of a global superpower. The Solana co-founder pegged the odds of such a collapse at 1%, adding that Bitcoin may hold up well in the event of a superpower implosion. “It’s worth it for me to spend 1% of my wealth on some asset that might not go to zero in that environment,” said Yakovenko. “It’s not an investment, its a cost and there is no guarantee that it will work.” Yakovenko adds that a BTC price of $100K or $10K does not affect its ability to withstand a superpower collapse. “If it works, it has very little to do with technology outside of the initial innovation that happened 15 years ago,” said Yakovenko. Bitcoin Maxis Disagree With Yakovenko’s Claims Yakovenko’s comments have triggered a wave of reactions from the cryptoverse with the bulk disagreeing with his claim. Angel investor Ashkay BD diverged from Yakovenko, stating that Bitcoin offers immense value flowing from its ability to protect users from counterparty risk. He adds that without BTC, individuals will be forced to transact with failing banks and governments with currency debasements and capital controls. Others say despite incoming CME Group’s SOL futures , Solana is overvalued since it is still finding its feet in the world. Critics opine that if the Solana cofounder sees Bitcoin as good for doomsday events, then Solana is only for memecoins. Despite a previous spike of memecoin activity in Solana, ecosystem activity is waning with PumpFun halting token creation amid market volatility. President of the Solana Foundation Lily Liu appeared to distance herself from Yakovenko’s claim. Liu considers herself to be a Bitcoiner while advocating against ecosystem tribalism in a lengthy post. The post Solana Cofounder Claims Bitcoin Has No Value, Here’s Why appeared first on CoinGape .
The cryptocurrency market is constantly evolving, and early-stage investors are always on the lookout for projects that offer high growth potential. While established tokens like Bitcoin (BTC) and Ethereum (ETH) dominate the space, presale cryptocurrencies like Coldware (COLD) , Rexas Finance (RXS), and Lightchain AI (LCT) are gaining traction for their unique value propositions. With promising use cases and strong community support, these three projects could be the best opportunities for 10x gains in 2025 Coldware (COLD): The Future of Decentralized Payments and Infrastructure Coldware (COLD) is positioning itself as a leader in the Decentralized Physical Infrastructure Network (DePIN) and PayFi sector. As a Web3 financial blockchain, Coldware integrates IoT, decentralized storage, and scalable payment solutions, making it a promising contender in the future of decentralized finance. What makes Coldware (COLD) attractive? Scalability & Low Fees: Coldware (COLD) is designed to offer a seamless transaction experience with low-cost transfers. DePIN Integration: Unlike traditional blockchain networks, Coldware (COLD) is merging real-world applications with decentralized networks. Early Presale Price: Currently trading at just $0.0045, Coldware (COLD) offers early adopters an excellent entry point before wider market adoption. As the crypto industry shifts toward more practical and utility-based applications, Coldware (COLD) is set to disrupt the financial infrastructure market with its Web3-enabled PayFi system. Rexas Finance (RXS): The Cross-Chain Liquidity Revolution Rexas Finance (RXS) is changing the way traders interact with DeFi liquidity. As an advanced cross-chain liquidity aggregator, Rexas Finance (RXS) eliminates fragmentation by allowing seamless asset movement between multiple blockchains. Key Features of Rexas Finance (RXS): Cross-Chain Liquidity: Users can access a decentralized liquidity pool that spans multiple blockchain networks. Lower Transaction Fees: The platform optimizes trading paths, reducing unnecessary transaction costs. Increased Adoption: With a presale price of $0.20, Rexas Finance (RXS) has already raised over $45.6 million, signaling strong demand. Rexas Finance (RXS) aims to become the go-to solution for seamless asset movement in the evolving DeFi space. Lightchain AI (LCT): AI-Powered Smart Contract Automation Lightchain AI (LCT) is revolutionizing blockchain automation with AI-driven learning models. By integrating machine learning and blockchain technology, Lightchain AI (LCT) enhances risk assessment, fraud detection, and transaction processing speeds. Why Lightchain AI (LCT) is worth watching: Smart Contract Automation: Lightchain AI (LCT) enables self-improving blockchain contracts through AI-powered risk analysis. Security and Efficiency: Enhanced fraud detection mechanisms reduce risks in financial transactions. Rapid Adoption: Lightchain AI (LCT) has been recognized by Skyren DAO, allowing presale investors to participate in an exclusive token airdrop. As AI continues to revolutionize industries, Lightchain AI (LCT) is bridging the gap between blockchain automation and intelligent contract execution. Conclusion: The Best Presale Picks for 2025 Coldware (COLD) , Rexas Finance (RXS), and Lightchain AI (LCT) are some of the most promising presale tokens in 2025. Each project is solving real-world problems, offering early investors the opportunity to capitalize on the next wave of Web3 adoption. If you're looking for a Web3 payment and DePIN leader, Coldware (COLD) is your best bet. If cross-chain liquidity is your focus, Rexas Finance (RXS) offers a seamless trading experience. For AI-powered smart contract automation, Lightchain AI (LCT) is an innovative solution with strong market adoption. With the crypto market evolving, early adopters of Coldware (COLD) , Rexas Finance (RXS), and Lightchain AI (LCT) could see massive returns as these projects gain mainstream recognition. Invest wisely, and stay ahead of the next crypto boom. For more information on the Coldware (COLD) Presale: Visit Coldware (COLD) Join and become a community member: https://t.me/coldwarenetwork https://x.com/ColdwareNetwork Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
The cryptocurrency landscape is witnessing a dramatic shift, with AI agent tokens witnessing a steep decline, while memecoins are reclaiming the spotlight, largely influenced by recent SEC clarity. The drop
More on Financial Stocks Citi: The Most Compelling Valuation In Banking Evaluating Upstart: A Cautious Path To Investment In Uncertain Times Medical Properties Trust, Inc. (MPW) Q4 2024 Earnings Call Transcript Citi accidentally credits account with $81T in 'near miss' - report Goldman Sachs lowered to Market Perform at KBW on peak valuation
The post Solana Price Prediction: Why Does This Analyst Believe Solana Is About to Hit $264 and Then Shoot for an ATH? appeared first on Coinpedia Fintech News Solana is showing signs of recovery and analysts are spotting an upward trend as buyers hold key support levels. If this momentum continues, there could be more growth. We’ll cover the predictions in detail below. We’ll also talk about PlutoChain ($PLUTO) , a cutting-edge hybrid Layer-2 solution for Bitcoin that could make it more useful for everyday payments and new applications. Here’s what you need to know about these projects. Solana Price Prediction: Can Solana Reach $264 Soon and Push for a New All-Time High? Right now Solana is trading at around $190.37, down 2.13% in the last 24 hours. The price has ranged between $189.96 and $195.91 during this period. Solana’s current market cap is approximately $93 billion. Solana has been showing signs of recovery after a rough month and gaining some momentum in the past week. Analysts believe this uptrend could continue, with the potential for a significant price surge if key levels hold. Crypto expert Ali Martinez points out that Solana is following an upward trend within a parallel channel. This means that despite recent dips, the overall movement suggests steady growth. The price recently bounced off a key support level, which could indicate that buyers are stepping in to push it higher. If this trend continues and Solana breaks through resistance, it could climb even further. However, if it falls below the current support, the next major level would be crucial in determining whether the rally can continue. Another analyst GeryCat predicts that Solana will rise to at least $250, with an ideal target of $300. PlutoChain ($PLUTO) Is the High-Speed, Low-Cost Hybrid Layer-2 Solution That Could Turn Bitcoin Into a Scalable and Versatile Ecosystem With only about seven transactions per second and confirmation times that can stretch to 10 minutes or more, Bitcoin often feels too sluggish and expensive for small purchases or fast payments—especially when network congestion drives fees even higher. Fortunately, PlutoChain ($PLUTO) might be able to fix these issues. As a Layer-2 solution, it could make Bitcoin faster, cheaper, and more versatile. By processing transactions off the main Bitcoin chain, PlutoChain could reduce congestion and enable near-instant confirmations. With block times of just two seconds, it could turn Bitcoin into a practical option for everyday spending, cross-border payments, and microtransactions. Lower fees are another major benefit. Right now, Bitcoin’s high costs make sending small amounts impractical. PlutoChain could help cut transaction fees and make Bitcoin transfers more affordable for both individuals and businesses. But, PlutoChain isn’t just about payments. It’s Ethereum Virtual Machine (EVM)-compatible, meaning developers could build DeFi apps, NFT platforms, and other blockchain tools on top of it. This could unlock a whole new world of use cases for Bitcoin beyond just being a store of value. PlutoChain’s testnet has processed over 43,200 transactions in a single day, which showcases its ability to handle high demand and scale efficiently. Security is also a priority. PlutoChain has been audited by SolidProof, QuillAudits, and Assure DeFi to ensure a strong defense against vulnerabilities. It also introduces decentralized governance and allows users to vote on upgrades. This could give the community more control over Bitcoin’s future. With faster transactions, lower fees, and expanded functionality, PlutoChain could be the key to making Bitcoin more practical and powerful than ever before. Closing Thoughts Solana continues to climb on an upward trend. Analysts are optimistic about a potential breakout as buyers hold strong at key levels. Meanwhile, PlutoChain might tackle Bitcoin’s biggest challenge—scalability. With faster transactions, Ethereum compatibility, and decentralized governance, it could do more than just speed up Bitcoin. It could turn it into a versatile, community-driven ecosystem and expand its use beyond just an asset for holding wealth. ——- Disclaimer: It’s important to note that participating in presales carries risks, including market volatility and potential project delays. Please conduct thorough research, understand the risks of market volatility, and seek professional advice before engaging with any blockchain project. Future-oriented statements are speculative and may not be modified.
On March 1st, COINOTAG News reported that the Ethereum Foundation is initiating a significant shift in its leadership structure. Effective March 17th, Hsiao-Wei Wang and Tomasz Stańczak will assume the
Trump Organization aims to expand its presence in the digital sector. Plans include virtual products and NFT-based artwork to engage users. Continue Reading: Trump Organization Sets Its Sights on the Digital Landscape The post Trump Organization Sets Its Sights on the Digital Landscape appeared first on COINTURK NEWS .
Bitcoin experienced its biggest February decline in more than a decade after closing last month with an over 17% drop in value. The flagship asset, which started February at over $101,000, fell as low as $78,000 before ending the month at over $84,000. According to Coinglass data, this is the second-largest drop that BTC has experienced in February, which historically has been a positive month for the flagship asset. Its biggest decline for that month came in 2014 when it fell 31%. However, Bitcoin has only experienced a drop in value thrice in February since 2013, when Coinglass started keeping the data with the last one before this coming in 2020. On average, the flagship asset experienced a 13% rise in February. Meanwhile, Bitcoin’s decline in February was even better than Ethereum’s. ETH, which has been struggling since 2024, nosedived last month with a massive 32% decline in value. Although it was trading around $3,300 at the beginning of the month, it lost more than $1,000 in value, falling as low as $2,100 on February 28. The massive decline is also a historical anomaly for Ethereum, which last experienced a February loss in 2018 when it dropped 24%. Overall, it has averaged an 11.68% gain during the month. Bitcoin’s performance in February is the worst monthly decline the asset has experienced since June 2022. The forces pulling the crypto market down Meanwhile, several factors contributed to the massive decline that Bitcoin and other digital assets experienced last month. The biggest factor was President Donald Trump ‘s announcement that the 25% tariffs on Canada and Mexico would finally go into effect by March 4, along with the extra 10% tariffs on Chinese imports. With the initial announcement of the tariffs inducing the sell-off of crypto, the news of its renewal, coupled with other signs of geopolitical tensions and uncertainties, was enough to drive crypto to its lowest level in more than 3 months. This highlights how political events have significantly influenced digital assets’ performance. Other factors, such as the $1.5 billion hack of ByBit, which the exchange recovered from, and other macroeconomic issues, also contributed to the sizable losses for crypto holders in February. Despite the decline, Bitcoin and several other crypto continue to trade at a better level than before Trump was elected president, showing that they retained some of their gains even. For instance, Bitcoin, which is trading above $84,000, was worth $69,000 as of November 6, 2024. Market in rebound, but will it last? Following that massive decline to close out February, the crypto market is now experiencing a price rebound led by Bitcoin, which has gained 5% in the last 24 hours. Solana is also up 4.67%, and XRP has gained 5.57%, while ETH saw just a 2.27% gain. Still, it is too early to determine whether the dip is finally over. Data from Santiment shows crowd sentiments, which are mostly bearish across several social media platforms. This is a good sign of an incoming rebound, as BTC is historically contrarian to the crowd. However, the liquidity drain has contributed to weakened demand for BTC this year and is one of the major reasons the crypto market has struggled to gain momentum. CryptoQuant data shows that Binance stablecoin reserves have been declining, particularly for USDT and USDC, and if this continues, the market might see more liquidity crunch. Binance stablecoin reserves. Source: CryptoQuant Meanwhile, exchange-traded funds (ETFs) have not been the major source of demand for BTC this year compared to 2024. As of this time in 2024, Bitcoin ETFs have accumulated over 128,000 BTC, valued at $6.3 billion, while the 2025 numbers show around 12,000 BTC, valued at $1.7 billion. This is a sizable decline in both BTC and dollar terms. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
The post PEPE & Dogecoin Struggles As Rollblock Gains More Investors By The Day, Causing Presale Surge appeared first on Coinpedia Fintech News Pepe and Dogecoin are struggling to recover as market uncertainty keeps their prices in the red. Meanwhile, Rollblock (RBLK) is attracting thousands of new investors, driving its presale to new heights with over $10.7 million generated in ICO funding. With its innovative blockchain gaming ecosystem and impressive revenue-sharing system, Rollblock is quickly becoming a standout choice in GameFi. Having already rallied 500%, investors are rushing in to secure positions before its price climbs higher in the coming weeks. Rollblock (RBLK): The Next Big Player in Blockchain Gaming Rollblock is rapidly emerging as a gaming powerhouse, leading the evolution of iGaming with its cutting-edge play-to-earn ecosystem. With over 50,000 active members and over $10.7 million raised in its presale, the platform is on a trajectory for massive expansion. The platform offers an extensive collection of over 7,000 games, appealing to traditional gamers and blockchain enthusiasts. The recent introduction of sports bidding has expanded its reach, transforming Rollblock into a comprehensive decentralized entertainment hub. Through its sportsbook users can bid on major events such as the Premier League and UFC, which increases the platform’s overall appeal. The platform prioritizes security and gives users a transparent and unbiased gaming experience. Regulatory approval from SolidProof and an Anjouan Gaming license reinforce Rollblock’s credibility, setting it apart in an industry often plagued by trust issues. Furthermore, Rollblock’s deflationary tokenomics model strengthens its long-term value, making RBLK a highly attractive investment. Each week up to thirty percent of the platform’s revenue is allocated to token buybacks, with 60% of repurchased tokens permanently burned to reduce supply. The remaining 40% is distributed as staking rewards, providing up to 30% APY for investors and players. With major exchange listings on the horizon, investment demand is accelerating. Stage 10 tokens are selling fast at $0.06, and investors can still take advantage of a 50% limited-time bonus on all RBLK purchases heading into March. Dogecoin Struggles With Bearish Momentum Dogecoin has experienced prolonged selling pressure, causing it to lose 11% of its value before re-establishing above $0.20. Market expert Ali Martinez warned that losing its $0.19 support line would likely lead to a sharp price drop to $0.06. Traders continue to track this vital pricing point because market volatility shows no sign of fading. Despite price challenges, Dogecoin remains the number one meme coin in the market. Many believe Dogecoin’s outlook could change with Elon Musk’s possible incorporation of DOGE as a payment option on X and the potential payment partnerships with PayPal and similar processors. Institutional interest is also growing, with Bitwise filing for a Dogecoin ETF. If approved, this could attract significant capital inflows and reinforce Dogecoin’s standing in the market. Pepe Crashes by Over 34% in 30 Days Pepe is currently trading at $0.00000793, consolidating after a prolonged decline. The meme coin remains below the 50 EMA, 100 EMA, and 200 EMA, signaling persistent bearish pressure. Over the past month, Pepe has dropped 34.50% in value, struggling to regain momentum. In the last 24 hours, it has seen a 3.9% drop in price, leaving investors unsure about its future. Source: TradingView Pepe’s volatility stems from its holder distribution and market activity. A staggering 47.9% of its supply is controlled by whales , while 68.3% belongs to cruisers. This imbalance suggests that many traders are capitalizing on its price swings rather than holding for the long term. The high concentration of whale holdings puts Pepe at risk of sudden sell-offs, leading to sharp price fluctuations. According to X analyst UnknowTraderAi , Pepe’s trend remains neutral-to-bearish unless it reclaims $0.00001006. A breakout above this level could trigger an upward move, while a drop below $0.00000700 could signal further losses. If the price fails to hold current levels, a decline toward $0.00000600 becomes increasingly likely. Pepe & Dogecoin Investors Rush Rollblock Presale With the market downturn causing Pepe and Dogecoin to dip in value, many PEPE and DOGE investors are diversifying to Rollblock (RBLK) . RBLK has already increased by 500% during its presale and another 300% surge is expected before the presale is complete. Upon listing on major exchanges, experts forecast a 50x surge, making Rollblock one of the most promising investments in 2025. Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino
ETHEREUM FOUNDATION APPOINTS HSIAO-WEI WANG AND TOMASZ STAŃCZAK AS CO-EXECUTIVE DIRECTORS 💰Coin: Ethereum ( $ETH ) $2,163.47