Author: NBTC
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
Bitcoin is trading at $96,688 with a market capitalization of $1.91 trillion and a 24-hour trading volume of $44.88 billion, moving within an intraday range of $94,805 to $99,262 as technical indicators suggest consolidation with a bearish bias. Bitcoin The daily chart reflects a continued downtrend, with bitcoin forming lower highs and lows after peaking near $109,356. Key support sits around $89,164, while resistance is evident near $98,000 to $100,000. The presence of bearish engulfing candles signals ongoing selling pressure, although volume remains moderate. If bitcoin fails to hold above $94,000, a retest of lower support levels is likely. Conversely,…
Berachain has risen through the rankings to achieve the 5th largest network based on Total Value Locked (TVL). The DeFi TVL rose from $2.3B to almost $7B in one month, which put it ahead of Base and Arbitrum and Sui in TVL growth. Berachain becomes the 5th largest chain by TVLIn just a month, @Berachain DeFi TVL surged from $2.3B to nearly $7B, surpassing Base, Arbitrum, and Sui.@Dolomite_io TVL jumped 200%, @KodiakFi nearly doubled, and @InfraredFinance reached $2B, now accounting for 29% of… https://t.co/M9bq0TKsNR pic.twitter.com/n0wpVvsAwW — CryptoRank.io (@CryptoRank_io) March 9, 2025 Proof of Liquidity (PoL) represents the consensus mechanism of…
A total of 20,423,263 SHIB have been shifted in one swoop, attracting the attention of the Shiba Inu community. Shibburn, an X account that tracks Shiba Inu burns, has reported a huge burn transaction in which 20,423,263 SHIB tokens were transferred to a dead wallet. 🔥 20,423,263 $SHIB -> transferred to dead wallet. https://t.co/GOC8MxFVfV — Shibburn (@shibburn) February 21, 2025 A dead wallet, also known as a burn address, is one from which tokens cannot be recovered or spent. Assets sent to this form of wallet are effectively removed from circulation permanently. This move is part of a deliberate deflationary…
A court in Georgia has ordered the imprisonment of Mission Gate founder and venture capitalist George Bachiashvili, who is currently on trial for allegedly embezzling investment profits from former Georgian PM Bidzina Ivanishvili. Bachiashvili had previously been given bail of 2.5 million GEL ($900,000), but the Georgian Ministry of Internal Affairs reports that the investor had crossed the border into Armenia on March 2, violating the bail’s conditions. Judge Giorgi Gelashvili has upheld the prosecution’s motion to hold Bachiashvili in custody as a result, saying that the bail violation justifies a more stringent detention measure. According to Georgian television channel…
Iranian authorities have confirmed the seizure of about 240,000 cryptocurrency mining rigs over the last three years. The confirmation was made by the state electricity company Tavanir on Sunday, as the company bemoaned the state of electricity in the country. According to reports, Iran has been suffering from power shortages and network instability over the last few months, something that has become a source of worry to concerned higher-ups. According to the CEO of Tavanir, Mostafa Rajabi Mashhadi, the confiscated cryptocurrency mining rigs had consumed electricity estimated to be around 800 megawatts. In his statement, Mashhadi compared the electricity consumed…
Bitcoin price held steady above $95,550 even as popular American stock indices and exchange-traded funds dived. Bitcoin (BTC) was trading above $96,550 at last check Saturday morning, a day after U.S. equities had their worst day this year. Nasdaq 100, S&P 500, and SCHD retreats The blue-chip S&P 500 index dived by 1.71%, while the tech-heavy Nasdaq 100 fell by 2%, erasing 455 points. Similarly, the Dow Jones and the small-cap-weighted Russell 2000 fell by 1.70% and 3%, respectively. The Schwab US Dividend Equity ETF fell by 0.5%. This ETF, known as the SCHD, tracks some of the biggest value…
Gary Cardone, a seasoned investor and twin brother of entrepreneur Grant Cardone, announced he sold his entire XRP position at $2.71. Posting his today on X, Cardone, drawing from his 40 years of financial experience, cited six personal investment rules as the driving force behind his exit. In his post, Cardone told XRP investors he wishes “they get stupid rich,” but admitted he doesn’t think that will happen. “My best hopium is out to each of you,” he continued. The American-born explained how he avoids assets with unclear supply-and-demand dynamics unless he has a significant advantage. He also stated that…
Under President Donald Trump, the US government is working toward establishing clear regulations for the crypto industry. At a Friday meeting with crypto industry executives at the White House, Trump announced that he has asked Congress to pass crypto legislation before the August recess. Today at the summit @POTUS asked Congress to pass crypto legislation before the August recess. A bipartisan majority in Congress is moving with urgency. https://t.co/xbRooDXcfM — Brian Armstrong (@brian_armstrong) March 7, 2025 White House Summit Sparks Regulatory Clarity – Industry Reacts Coinbase CEO Brian Armstrong considers the development historic. He cites two key achievements from the…
A new technical analysis on TradingView suggests Bitcoin may be approaching a decisive moment, with a possible breakdown below key support levels. This analysis comes amidst a weakening buying pressure in Bitcoin, which opens up the possibility of a break below a strong support level. If this happens, Bitcoin could see further downside to $80,000 or even $73,000 in the coming weeks. Bitcoin Faces Critical Support Test At $93,000 Technical analysis shows that Bitcoin has been fluctuating between an upper resistance zone at $108,000 and a lower support level at $93,000. Particularly, crypto analyst MMBTtrader noted that this support zone…