Cardano (ADA) faces a significant downturn, plunging below crucial support levels amidst a turbulent crypto market sell-off. The broader cryptocurrency market has not only seen volatile trading but also a
Chiliz, the blockchain platform behind Socios.com, continues to redefine the relationship between cryptocurrency and the sports industry. With two billion Chiliz ( CHZ ) tokens now staked and regulatory approval from the Malta Financial Services Authority, the platform has solidified its position as a leader in blockchain-based fan engagement. In an exclusive interview with crypto.news, Max Rabinovitch, Chief Strategy Officer at Chiliz ( CHZ ), discusses key aspects of the platform’s staking model, its innovative approach to AI, and the challenges of integrating these technologies into the broader blockchain ecosystem. These insights tap into the implications of regulatory scrutiny, including the SEC’s reconsideration of its lawsuit against ConsenSys, and how it could set a precedent for platforms like Chiliz. He also explains the core principles of staking and how Chiliz’s unique validator mechanism is helping shape the future of decentralized sports engagement. Below, Rabinovitch shares his thoughts on staking and what’s next for Chiliz as it leads the way in bridging blockchain with the world of sports. You might also like: Redstone announces oracle support for World Chain as RED token debuts for pre-market trading Do you think the SEC’s reconsideration of its lawsuit against ConsenSys will set a precedent for future cases involving staking platforms? How will it affect Chiliz? “At Chiliz, we’ve worked actively with regulators in Europe to set a clear path forward for crypto-service providers, including securing regulatory approval with the Malta Financial Services Authority this year. As a global leader in sports blockchain, we welcome a collaborative approach from regulators; we believe that this approach helps to work toward a framework that will empower platforms like ours to continue thriving and innovating confidently in these jurisdictions.” You might also like: Ethereum price breaks six-year trend with sharp February decline Can you explain the core principles of staking and its significance in the cryptocurrency ecosystem? “User participation through staking is the backbone of any blockchain, where tokens are locked up to secure the network and, in return, users are rewarded. It’s about active engagement in securing and growing the blockchain itself. For the entire crypto ecosystem, staking represents trust, liquidity, and a deepened commitment to a sustainable, decentralised future. It’s becoming essential, not just for earning passive income, but for shaping the infrastructure of tomorrow’s digital economy.” How does Chiliz’s staking mechanism differ from other platforms? “Chiliz is redefining staking, especially in the sports and entertainment sector. We’ve created a validator mechanism specifically for the global sports industry. Anyone with CHZ can delegate stake their tokens with any one of our validators, which include major sports brands like PSG and K League, conglomerates such as EDF Energy, alongside traditional crypto entities such as OKX and Animoca Brands. It’s a winning formula that ensures our platform isn’t just secure – it’s thriving, with loyal users, passionate developers, and real-world partnerships driving the growth of the ecosystem.” You might also like: Texas Senate to consider Bitcoin reserve law In what ways is AI being utilized to personalize staking rewards and enhance the user experience on the Chiliz platform? “AI has the potential to transform how we approach engagement and development at Chiliz. For example, AI could tailor staking rewards based on individual activity, making every user feel like they’re part of something unique. Additionally, AI can help redefine what it means to be a blockchain developer, lowering technical barriers for founders and essentially doing a lot of the complex and technical legwork to bring creative ideas to life. This is an exciting trend that we’ve spotted over the past 12 months, and we suspect that 2025 is the year for AI and blockchain integration in the sense of product development.” What challenges do you foresee in integrating AI into staking platforms? “The biggest challenge with AI in staking is striking the right balance between automation and user control. We want AI to enhance the experience without taking away from the personal touch that makes our platform unique. Another challenge is ensuring data privacy and transparency in AI-driven decisions. However, with the right infrastructure and focus, we’re confident we can tackle these hurdles and create a staking environment where innovation thrives while keeping our users in full control.” With two billion CHZ tokens now staked, what does this milestone indicate about community trust in the platform’s credibility and security? “Hitting the two billion CHZ staked mark is a clear endorsement of Chiliz’s credibility. When users lock up that much value, it’s a sign of immense trust in the platform’s security and long-term potential. This milestone proves that people believe in what we’re building, and that belief is what will drive our next phase of growth. It shows the world that Chiliz is a platform that delivers on its promises; security, innovation, and real-world impact.” The SEC/its crypto group seems to be curious about staking. How do you foresee this impacting staking? Your platform? What initiatives from the SEC do you want to see regarding staking? “An increased focus on staking from regulators is a signal that the industry is maturing and regulators are increasingly aware of the happenings within this sector. This kind of attention, if collaborative, can only help bring stability and confidence to the ecosystem. For platforms like Chiliz, it’s an opportunity to showcase how we’ve prioritised compliance and security. We’d love to see the global regulators establish clear, fair guidelines that foster innovation while protecting users. A well-regulated environment will unlock a new wave of growth, ensuring that staking is accessible and trusted by everyone, from developers to fans.” You might also like: DekaBank and Boerse Stuttgart Digital bring regulated crypto trading to institutions
On February 28, COINOTAG News reported that the SEC is planning a pivotal series of roundtable discussions aimed at enhancing regulatory clarity within the cryptocurrency space. According to insights provided
This drop has caused ADA to slip below crucial support
The post Why Is Solana (SOL) Price Rising? The Key Reason appeared first on Coinpedia Fintech News After a continuous decline in recent days, SOL, the native token of the Solana blockchain, has successfully found support at a crucial level of $130, and the price has now begun to recover. However, this price rebound in SOL occurred during a period when other major assets, including Bitcoin (BTC), Ethereum (ETH), and Ripple’s XRP, faced significant price drops. Solana (SOL) Futures Launch on CME Sparks Rally Today, February 28, 2025, SOL, with its impressive 4.5% upside momentum, has defied the market trend and is currently trading near $145. The primary reason for this surge appears to be the upcoming launch of Solana (SOL) Futures by CME Group, the world’s largest futures exchange, on March 17, 2025. However, the regulatory review by the CFTC is still pending, though it follows the launch of Bitcoin and Ethereum futures. https://twitter.com/NateGeraci/status/1895482828789625195 With the introduction of SOL Futures, market participants will have the option to trade both a micro-sized contract (25 SOL) and a larger-sized contract (500 SOL). This price surge has given investors and traders hope that SOL may hold above the $130 mark. Solana (SOL) Price Action and Key Levels According to expert technical analysis, SOL is poised for significant upside momentum after successfully retesting the crucial support level of $130. The price has begun to show bullish movement, and based on recent price action and historical patterns, if SOL holds above this key level, there is a strong possibility it could surge by 25% to reach $176 in the coming days. Source: Trading View Jump in Open Interest Following this announcement, SOL’s futures open interest has surged by 10% in the past 24 hours, indicating increased trader participation and confidence in the asset, as reported by on-chain analytics firm Coinglass . $9.50 Million Worth of SOL Outflow Additionally, investors and long-term holders have been accumulating SOL tokens. Data from spot inflows and outflows reveals that exchanges have witnessed an outflow of a notable $9.50 million worth of SOL in the past 24 hours, signaling potential accumulation, which could drive buying pressure and further upside momentum.
The world’s biggest asset manager is finally allowing Bitcoin into its $150 billion model-portfolio universe.
The Trump Organization is expanding its presence into the digital space. On February 24, 2025, DTTM Operations LLC, the company managing Trump-related trademarks, filed a trademark application for the name “TRUMP” with the United States Patent and Trademark Office (USPTO). The filing suggests plans for a virtual world featuring branded digital goods, a marketplace for NFTs and cryptocurrencies, and online training programs. Metaverse and NFT Marketplace Under the TRUMP Brand The trademark application was submitted on an “intent to use” basis, meaning the organization plans to develop products and services under the TRUMP brand in the future. The filing describes various digital offerings, including a virtual environment where users can interact with Trump-branded content. According to details in the application, the platform may include TRUMP-branded clothing, footwear, and accessories for avatars in digital spaces. The filing also mentions a virtual TRUMP-branded restaurant, which could provide an interactive dining experience. In addition, the company plans to offer online training programs in public service, business, fundraising, real estate, and hospitality management. The application also outlines a digital marketplace allowing users to trade NFTs and cryptocurrencies. The marketplace will feature content that has been authorized by “the 45th and 47th President of the United States of America” and authenticated through blockchain technology. This Is A Developing News, Please Check Back For More The post Just In: Trump Organization Files Trademark for Metaverse & NFT Trading Platform appeared first on CoinGape .
Bitcoin’s second-worst February on record is set to extend into a new week, with price burdened by “aggravating macro factors” and a technical correction. Bitcoin ( BTC ) was down 25% from its Jan. 20 all-time high of $108,786 as forward-facing inflation indicators incentivized a risk-off mood among investors, and spot exchange-traded funds logged continuous outflows on Wall Street. Although U.S. Core Personal Consumption Expenditures price index data matched analyst expectations—dropping to 2.6% from 2.9% year over year—BTC only recorded a modest uptick, climbing to $81,800. Previously, the most valuable cryptocurrency by market cap fell as low as $78,400, losing over 6% in 24 hours and hitting a three-month low. 24-hour BTC price chart – Feb. 28 | Source: crypto.news “It’s the first tangible correction since reaching its all-time high less than six weeks ago”, analysts at B2BINPAY told crypto.news via email. “The correction has mostly been technical, amplified by aggravating factors,” the analysts added, referring to Trump’s tariffs and sovereign trade wars. You might also like: Crypto market cap falls over 8% to $2.7t after recent crypto crash Further decline possible for Bitcoin Consensus among BTC observers warned of more volatility ahead. B2BINPAY’s team echoed the sentiment, citing support and resistance bands from BTC technical analysis. Speaking from the technical standpoint, if we approach the 3M SMA support at $71,880 and wouldn’t bounce back toward 80K’s, the outlook would become less favorable, as there is a possibility of further decline. B2BINPAY analysts Standard Chartered shared a similar outlook, predicting that BTC may retest $69,000 by early March. IntoTheBlock data showed massive accumulation between $60,000 and $72,000, potentially forming a defense from larger declines. Over six million addresses acquired 2.64 million BTC in that range. Read more: Bitcoin ETFs continue to face outflows as BTC dips below $80k
The Dogecoin price has experienced massive declines in recent weeks, but with growing speculation about a Dogecoin ETF approval, investors are anticipating a big resurgence in March, which could drive the price toward its ATH. Crypto experts are closely watching Dogecoin price movements, with many expecting it to hit $1 in the coming weeks. However, Dogecoin's historical price chart shows that it might not match that of Remittix , a new DeFi coin on a mission to transform the cross-border payment industry. The simplicity of the PayFi platform could make it a go-to platform for financial transactions. Market watchers think it could become the next XRP, with the potential to rise as high as 100x on launch, surpassing the likes of Dogecoin in ROI potential. Analysts Bullish on Dogecoin Price Outlook for the Coming Weeks Dogecoin price has declined significantly in the past week, which is in line with the broader crypto market's bearish sentiment. Although Dogecoin is one of the top meme coins, the recent decline has triggered selling pressure as the Open Interest falls. However, Rose Premium Signals , in a tweet on X, claims that the Dogecoin token is showing bullish potential as it approaches a key reversal zone. Source: Rose Premium Signals on X The expert believes a breakout above $0.29 could fuel a bull rally toward new highs. Aligning with Rose, top analyst Ali Martinez , observing the Dogecoin price chart, claims $DOGE appears to be ready for a rebound. According to the expert, the TD Sequential indicator is flashing a buy signal on the daily chart. Following a similar route is Trader Tardigrade , who thinks that the DOGE price will witness a bullish rally soon. Source: Ali Charts on X Meanwhile, Dogecoin is trading below the 50-day and 200-day SMAs as per TradingView , which is a huge concern for holders. The market sentiment is bearish, with the Dogecoin Fear and Greed index showing 21 (Extreme Fear), suggesting that sellers are in control. However, with the RSI at 29, suggesting it is in the oversold territory, a reversal might happen at any moment. Remittix: A PayFi Protocol that is Set to Transform the DeFi Space Remittix (RTX) is a new crypto project that aims to offer a transparent and secure financial system. Also known as XRP 2.0, Remittix is on a mission to stake a claim to the $183 trillion banking industry by combining fiat cross-border payment and blockchain technology. Leveraging local payment networks and blockchain technology, Remittix will ensure that users enjoy the speed of crypto with the everyday convenience of fiat payments. Given its robust security architecture, Remittix hopes to become a leader in the global financial sector by providing a secure, affordable, and fast cross-border payment service. At Remittix, all transactions are stored in a public ledger like XRP, ensuring traceability and transparency. Also, all transactions are immutable, ensuring transactions are not altered when initiated. Remittix's cross-border payment platform allows users to convert over 40 cryptos into fiat currency and send them to any approved global bank at no hidden fees. That means what you send is what you receive. Although it has competitors like Stripe and Wise, non support crypto-to-fiat payment, putting Remittix in the position of becoming a market leader soon. With Remittix, businesses and companies can send funds easily, as it offers a cheaper, faster, and more efficient remittance option. Given its decentralized peer-to-peer approach, users have full control over their assets with no need for an intermediary like central banks. Sold for just $0.0671, Remittix has raised over $13M in funding, with over 507M RTX tokens sold. This already showcases its growing influence in the DeFi industry. Smart investors who joined early have seen their ROI jump by over 1,000% within a few weeks, even as the general crypto market dips. This makes Remittix one of the best altcoins to invest in now. Top Cryptocurrencies To Buy for 10x Gains in 2025 As the crypto market battles the bear trend, investors are migrating to high-potential presale tokens as a hedge to recover from losses. Although Dogecoin is in the oversold territory, the chances of a rebound towards the December high of $0.48 are slim due to the declining whale activity. However, presale gems like Remittix will continue to grow as more investors discover the potential of the project. As such, investors searching for hidden gems that can offer 10x in the short term might consider the RTX coin now before it heads to the moon. You can find more information about Remittix (RTX) here: Website: Remittix Telegram: Join Our Telegram Community Twitter: Follow Us On X Disclaimer: This is a sponsored press release 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.
On February 28, COINOTAG reported that BlackRock has made a significant move in the cryptocurrency market by depositing 2,397.232 BTC into Coinbase Prime. This transaction, valued at around $192.8 million,