Author: NBTC
Bitcoin’s price drop led to more than $2.16 billion in realized losses, with most of them coming from recent BTC buyers. In a recent analysis thread, Glassnode found that between Feb. 25 up until Feb. 27, traders lost more than $2.16 billion in realized losses due to the crypto crash that started on Feb. 25 when the price of BTC (BTC) dropped below $90,000 for the first time since November 2024. The platform breaks down the losses suffered by traders based on when they bought BTC and the market impact of the recent crypto crash compared to previous market spike…
After the $1.7 billion Ethereum (ETH) heist from the Bybit cryptocurrency exchange, the overall cryptocurrency market experienced a significant price drop. However, it now appears that Bybit is once again accumulating ETH to continue its operations. Bybit Buy Back Ethereum Worth $87.50 Million Today, February 25, 2025, the blockchain-based transaction tracker Eyeonchain posted on X (formerly Twitter) that Bybit purchased a significant 36,893 ETH worth $87.50 million through an over-the-counter (OTC) trade. As of now, the asset is trading below the 200-day Exponential Moving Average (EMA) on the daily timeframe, indicating that it is in a downtrend. Traders Bearish Bet…
A major whale has returned to buy SOL assets in the market. The whale made a transaction seven hours ago when they bought 50,000 SOL at $6.77 million which seems to be at an ideal time for market entries. A whale bought 50,000 $SOL($6.77M) at the bottom 7 hours ago.From November 20, 2024, to January 21, 2025, this whale sold 122,921 $SOL($28.23M) at an average price of $230, and now he repurchased $SOL at a lower price.https://t.co/JM8OuP0AwZ pic.twitter.com/rmT2pXa4VI — Lookonchain (@lookonchain) February 27, 2025 LookonChain data suggests that the whale took advantage of existing market conditions through this strategic acquisition…
Now that the end of the U.S. Securities and Exchange Commission’s lawsuit against his Ethereum software firm appears to be near, Consensys founder and CEO Joe Lubin—also a co-founder of Ethereum itself—is optimistic about crypto’s future in the United States. Speaking with Decrypt at ETH Denver 2025, Lubin said there has been a sea change between the administrations of former President Joe Biden and Donald Trump, who retook office in January. “There have been massive changes and a shift in approach,” Lubin said Friday. “We’re now having constructive discussions with the SEC, instead of facing irrational attacks.” He added: “We…
Sweat Economy, a Web3 platform with 20 million mobile users incentivizing physical activity, has announced at EthDenver the launch of its new artificial intelligence-powered personal agents in its Sweat Wallet app. The initiative was developed in partnership with NEAR.AI, NEAR Protocol’s (NEAR) AI unit. This new large-scale AI deployment is powered by 700,000 queries from $SWEAT token holders and represents a milestone for consumer crypto by introducing personalized assistance to individual users. Bringing AI-powered assistance to millions With over 19 million $SWEAT token holders and 3 million monthly active users, Sweat Wallet is the first major consumer crypto app to…
As Bitcoin’s price continues to hover below $90,000, large-scale investors, commonly referred to as whales, are seizing the opportunity to accumulate more of the leading cryptocurrency. Bitcoin Whales Add $1.28 Billion Worth of BTC by Buying on the Dip According to on-chain data, wallets holding at least 0.1% of Bitcoin’s circulating supply collectively added around 15,000 BTC, worth around $1.28 billion at current prices. Whale Accumulation Amid Market Volatility This increase in whale accumulation suggests that large holders are confident in Bitcoin’s long-term potential despite recent market volatility. Historically, large inflows into whale wallets have been viewed as a bullish…
Ethereum (ETH) was enjoying a rollercoaster ride after bouncing back from its February 3 low of $2,125 and gearing up for a breakout until the recent disaster struck the market. Ether could be headed to recording its worst February performance ever if it remains under the $2,400 price level. The global digital assets market witnessed massive red indexes on Tuesday as Bitcoin dipped below the $88,000 zone. The cumulative crypto market cap dropped by more than 8% over the last day to stand at $2.88 trillion. More than $300 billion of market cap has been erased in crypto in 24…
EMURGO, one of the founding entities behind the Cardano (ADA) blockchain, has posed critical, thought-provoking questions about the future of work. EMURGO’s shared insight revolved around Artificial Intelligence (AI) agents’ usage in the workforce. The EMURGO’s new update has hinted at the role of Cardano in the future of AI Agents. Are AI Agents the Future of Work or a Cause for Concern? Notably, EMURGO acknowledged that AI plays a significant role in enhancing labor productivity in the workplace. Many businesses have come to rely on AI tools to improve workers’ efficiency, automate tasks, and optimize workflows. However, the use…
As the SEC’s case against Ripple continues to make headlines, many are left wondering: why the silence? Despite the SEC’s recent activity, which saw cases dropped against major players like Coinbase, Gemini and Robinhood, the Ripple case remains unresolved—and it’s far from simple. The Ripple-XRP case has reached a crucial point where a judge has already issued a split decision. On one hand, the SEC won a portion of the case, while Ripple claimed victory on another. The biggest takeaway? XRP was not classified as a security—a significant win for Ripple and its community. However, there are still unresolved issues,…
INTO, a prominent player in the Web3 sector, has announced an exclusive collaboration with PathPulse.ai, an AI-led navigation system. The partnership aims to transform the smart cities with the use of cutting-edge technologies. This endeavor integrates comprehensive data, AI technology, and mobility, driving the smart cities’ evolution. It will combine the expertise and technological efficiencies of both the platforms. We are excited to announce our partnership with @PathPulse_ai 🚀@PathPulse_ai is an innovative platform that merges AI, big data, and mobility to revolutionize smart cities! 🌆🤖This partnership is going to make huge waves across the entire industry. Stay tuned for updates!……