Author: NBTC
Bitcoin briefly dropped below the $90,000 mark, causing approximately 12% of all Bitcoin addresses to hold at a loss, the highest percentage of unrealized losses since October 2024. This decline has sparked concerns among investors as the market continues to show signs of volatility. With Bitcoin briefly dropping below $90k, roughly 12% of all Bitcoin addresses are holding at a loss.🔴This is the highest unrealized loss percentage since October 2024 pic.twitter.com/pngLz4G4wc — IntoTheBlock (@intotheblock) February 25, 2025 The recent dip in Bitcoin’s price marks a significant moment in the cryptocurrency market. According to on-chain data, the number of Bitcoin holders…
Aave Chan Initiative (ACI) founder Marc Zeller has made what he calls “the most important proposal in Aave history,” causing the price of AAVE to surge. Chart showing the rise in AAVE price. The proposal, submitted today as an Aave Request for Comments (ARFC), marks the first phase of the “Aavenomics” update, which aims to improve AAVE tokenomics, redistribute excess protocol revenue, optimize secondary liquidity incentives, and formally deprecate LEND. “After half a decade of hard work with ACI, we are proud to present the updated Aavenomics proposal for the Aave DAO,” Zeller said in a statement over X. “We…
Core developer Tim Beiko has stated that March 1 could end up being “one of the most consequential turning points in Ethereum’s history” if the team ends up playing the cards right. Ethereum has experienced a few tumultuous months, with many questioning its future due to extremely underwhelming price performance. Last month, the ETH/BTC pair hit yet another multi-year low of 0.0023 BTC. “While it’s clear that many things need to change for Ethereum to win, it’s easy to overcorrect and kill the magic in search of maximal optimization. This week’s announcements make me confident we’ve struck the right balance…
Global Dollar, the stablecoin issued by Paxos Digital Singapore, is going multichain with expansion to Solana. The Global Dollar Network announced on Feb. 25 that the U.S. dollar pegged stablecoin, which Paxos introduced on November 1, 2024, was now available on Solana (SOL). Paxos’ affiliate, the Paxos Digital Singapore Pte. Ltd, is the issuer of the Global Dollar (USDG), and is an entity regulated by the Monetary Authority of Singapore. At the time of the initial launch, Paxos said its MAS-regulated subsidiary would partner crypto exchanges, wallets and blockchain platforms to accelerate USDG distribution to individuals and institutions.The USDG token…
Japanese authorities have expressed a keen intent to integrate emerging technologies into the nation’s public services, eyeing modernization and efficiency for residents within three years. According to a report, the country is focused on improving its water supply and sewage systems with next-generation technologies to ensure consumer safety. Administrators prioritize the wholesale integration of artificial intelligence (AI), the Internet of Things (IoT), and blockchain. The government’s stance was disclosed following a digital administrative and fiscal reform panel meeting with Prime Minister Shigeru Ishiba, who led the group. Minutes of the panel’s meeting reveal direct instructions for agencies to begin integrating…
Plume, a layer 1 blockchain for real-world asset finance, plans to launch a new payment finance product offering real yield use cases powered by the PayPal USD stablecoin. The PayPal USD (PYUSD)-powered PayFi Vault, dubbed nPAYFI, will go live on Plume Network’s yield streaming platform Nest. PYUSD is currently the eighth-largest stablecoin with a market cap of over $759 million. According to an announcement, Plume aims to bring payment financing on-chain through this new vault. With stablecoins playing a major role in the real-world asset market, Plume expects to leverage PayPal USD as a liquidity layer. Using the U.S. dollar-pegged…
Ethereum price remains in a bear market this year as the second-biggest cryptocurrency lacks a clear catalyst. The ETH coin was trading at the extreme oversold level of the Murrey Mathe Lines at $2,220, down by almost 50% from its highest level in December last year. So, is it safe to buy the ETH dip? Ethereum price technical analysis The daily chart shows that the ETH coin price has crashed in the past two months. After peaking a $4,088 in November last year, the coin has moved to $2,220. It has crashed slightly below the key support at $2,182, the…
Popular battle royale shooter Fortnite recently added a fake cryptocurrency as an in-game gag, along with other elements that appear to poke fun at the industry. But at least one crypto degen took it very seriously, launching a real version of the coin—with some traders profiting tens of thousands of dollars before it crashed. Dill Bits were added to Fortnite in Chapter 6: Season 2, which was introduced on Friday. The item can be used to purchase high-tier loot at one of three in-game black markets, according to the Fortnite Fandom wiki page, as a nod to the dark web…
Aave has proposed a comprehensive update to its economic framework, focusing on revenue distribution, staking incentives, and liquidity management. The proposal, introduced by Aave Chan Initiative (ACI) founder Marc Zeller on March 4, is considered a pivotal development in Aave’s evolution. He stated: “We consider it the most important proposal in our history.” According to the proposal, Aave has consistently expanded its market presence over the past two years, building a strong financial foundation. Despite fluctuating market conditions, Aave continues to generate robust revenue, with the DeFi protocol’s liquid reserves surging by 115% to reach $115 million. This strong financial…
The Ethereum Foundation has unveiled a new leadership structure, appointing Hsiao-Wei Wang and Tomasz Stańczak as co-executive directors, effective March 17, 2025. This strategic move aims to navigate the Ethereum ecosystem through its current challenges and drive future growth. Can these new changes help ETH price surge back over $3K? This article will tackle the latest Ethereum news, the updates in the Ethereum Foundation and conclude with an Ethereum price prediction for March 2025. By TradingView – ETHUSD_2025-03-02 (5D) Ethereum Foundation’s Leadership Transition In a significant organizational shift, the Ethereum Foundation announced the appointment of Hsiao-Wei Wang and Tomasz Stańczak…