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The meme coin market was painted red throughout the month of February. The Shiba Inu (SHIB) market had a difficult time as it dropped by 28% during this time. The asset dipped from a high of $0.00001964 down to a low of $0.0000123. The meme coin has recorded more downfalls than upticks in February. But March could bring in new gains for Shiba Inu. Also Read: Dogecoin Whales Accumulate, Is a $0.50 DOGE Surge Coming in March? How High Is The Shiba Inu Market Trading Right Now? Source: Watcher Guru Over the past 24 hours, SHIB dropped by 10.51%. At the time of writing, the meme coin was trading at $0.00001320. It should be noted that the asset hit an all-time high of $0.00008845 back in 2021. Shiba Inu is currently 85% below this milestone. Source: CoinMarketCap Despite its current condition, the community seems positive about Shiba Inu witnessing an uptick. According to CoinMarketCap’s Community Sentiment, 88% of a total of 217.2K individuals were optimistic about the meme coin reco...

After days of trading sideways, XRP appears to be on the verge of a significant price move, even as broader market conditions remain uncertain. In that line, the asset is approaching the final stages of an ABC correction pattern on the daily timeframe, with the Relative Strength Index (RSI) nearing oversold territory, as observed by Dark Defender in a recent Analysis .  “XRP is close to finalising the ABC correction pattern in the daily time frame, considering the lowest RSI figures. RSI is close to the oversold area.” Picks for you Sentient launches Sentient Chat chatbot 16 mins ago Here’s all crypto cases SEC has dropped in February; is Ripple one of them? 2 hours ago ...

Oklahoma’s Strategic Bitcoin Reserve Bill, known as the Strategic Bitcoin Reserve Act, has passed the House Committee, now moving to the House floor. The bill passed the Government Oversight Committee with a 12–2 vote on February 25. JUST IN: Oklahoma's Government Oversight Committee passes Strategic Bitcoin Reserve bill, advances to House floor. — Watcher.Guru (@WatcherGuru) February 26, 2025 The proposal would allow the Oklahoma State Treasurer to invest public funds into any digital asset with a $500-billion market capitalization over the past calendar year. Currently Bitcoin is the only digital asset that meets this standard. 20 US States have officially introduced legislation aimed at establishing cryptocurrency reserves. However, five states: Montana, North Dakota, Pennsylvania, South Dakota, and Wyoming, have either rejected their BTC bills or effectively killed them. While it is not clear why some states rejected the bills, representatives in Montana shared their thought...

US President Donald Trump’s son Eric Trump says investors should buy the dip as US spot Bitcoin ETFs (exchange-traded funds) recorded their largest-ever daily outflows. “Buy the dips,” the President’s son said to his over 5.6 million followers on X in a post yesterday. US Spot Bitcoin ETFs Suffer Record Outflows Trump’s call to buy the dip comes as the 11 US spot Bitcoin ETFs collectively saw net outflows of $937.9 million on Feb.25. This also marked their sixth straight day of trading outflows, according to data from Farside Investors . BTC ETF investors pulled the most capital out of the Fidelity Wise Origin Bitcoin Fund (FBTC), with $344.7 million leaving the fund’s reserves yesterday. This was also a record outflow for the ETF.  𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗙 𝗙𝗹𝗼𝘄 (𝗨𝗦$ 𝗺𝗶&#12...

Bitcoin (BTC) slipped below $90,000 on Tuesday, just hours after jailed former FTX supremo Sam Bankman-Fried tweeted for the first time since beginning his 25-year sentence for multiple fraud and conspiracy offenses. The dip to $88,780 represents a 19% slide from its $109,114 all-time high on January 20 – the date of Donald Trump’s inauguration – and is BTC’s lowest point since November. At the time of writing, it has seen a slight rebound to $89,154. BTC’s dramatic slide is part of a wider dip across the crypto industry. Rival currency ether (ETH) saw an 11% drop to $2,390 earlier today while Binance’s BRB token, Ripple’s XRP, and Solana’s SOL dropped 6.4%, 14.3%, and 15% respectively. Not even Donald Trump’s own token $TRUMP was safe, seeing its own price tumble 14% in 24 hours and 82% from its all-time high. The seemingly industry-wide drop-off comes just days after crypto exchange Bybit was hacked for somewhere in the region of $1.4 billion in ETH and staked ether...

Despite billions of dollars in bitcoin (BTC) purchases, a televised investor gala, a First Family meet-and-greet, a corporate name change, and a new Nasdaq stock listing, the simple multiple that investors are willing to pay for Michael Saylor’s Strategy (MSTR) BTC has been declining for months. Soaring above 3.4X as recently as November 2024 with calls for it to somehow reach 10X, today’s figure has instead declined below 1.7X. This premium, colloquially known as Strategy’s Multiple-to-Net Asset Value or “mNAV,” is the market capitalization of MSTR relative to its BTC holdings. This simple integer encapsulates investors’ overall faith in the company’s ability to positively accrete BTC per share on a dilution-adjusted basis. Although Strategy’s $76.5 billion market cap is still a generous premium to its $45.2 billion worth of BTC, today’s 68% premium is a far cry from its 240% premium on November 20. Saylor has been trying to pump it back up, of course, ann...

The Bitcoin price dropped less than 1% in the past 24 hours to trade at $95,900 as of 2:00 a.m. EST on trading volume that skyrocketed 37% to $22.43 billion. Bitcoin saw a sharp price drop over the weekend after reaching the value of $99,420 on Friday evening. By early Saturday, its value crashed to $95k, only to see a slight recovery to $96.6k for the rest of the weekend, and then drop to $95.5k again on late Sunday. However, the coin might see a change in trend soon as Strategy’s co-founder, Michael Saylor, posted a BTC chart that signals more Bitcoin buying after a one-week purchase lapse. I don't think this reflects what I got done last week. pic.twitter.com/57Qe7QfwKm — Michael Saylor⚡️ (@saylor) February 23, 2025 With Strategy (formerly MicroStrategy) holding $46 billion in BTC and currently being 47.7% up on its investment, the firm intends to resume its buying spree in the days to come. Bitcoin Price Prediction Bitcoin’s price saw a major ...

The non-fungible token market has started recording positive growth again after taking a healthy correction in the past several weeks, which left daily sales volume falling below $15 million. In the past seven days, the NFT market has recorded a trading sales volume of over $140 million, up 6% from the past week. In this article, we have listed some of the top-selling NFT collections in the past seven days: 1. Pudgy Penguins NFT Collection Pudgy Penguins, a renowned non-fungible token series from the globally acknowledged digital asset firm Igloo featuring a fixed edition of 8,888 penguin cartoon birds hosted on the Ethereum blockchain network, is this week’s most-selling NFT collection in the global NFT market. In the past 24 hours, the Pudgy Penguins have recorded a trading sales volume of $644,803. The NFT collection has a market capitalization of $223 million and a floor price of $25,168. 2. OCH Genesis Ring NFT Collection OCH Genesis Ring, a non-fungible token from the On...

Franklin Templeton launches the EZPZ cryptocurrency index ETF, offering competitive pricing on Bitcoin and Ethereum. New crypto listings attract institutional investors seeking regulated access to digital assets without direct cryptocurrency ownership. The waived sponsor fee of 0.19% until assets reach $10 billion demonstrates confidence in market growth. The SEC acknowledges staking functionality for Ethereum ETFs while reviewing multiple altcoin ETF applications. Traditional finance companies continue expanding cryptocurrency offerings despite mixed financial performance in other business segments. Institutional involvement signals growing mainstream acceptance of digital assets as legitimate investment vehicles globally. New Cryptocurrency Releases, Listings, & Presales Today FLEX revolutionizes perpetual trading with cross-margin capabilities, up to 1000x leverage, and gasless transactions. Stability World AI enables Web3 users to create, train, and monetize AI-driven digit...

The Bitcoin price edged up over 1% in the last 24 hours to trade at $98,341 as of 03:42 a.m. EST on trading volume that surged 60% to $40.7 billion. The slight uptick in the BTC price follows a disclosure that newly confirmed director of the Federal Bureau of Investigation (FBI) in the United States, Kash Patel, personally holds $115,000 worth of Bitcoin. 🇺🇸 NEW FBI DIRECTOR OWNS $150,000 IN #BITCOIN ETFS. NEXT 4 YEARS ARE GOING TO BE WILD 🚀 pic.twitter.com/LGYZls2DhM — Vivek⚡️ (@Vivek4real_) February 20, 2025 Bitcoin Price On A Bullish Breakout From A Falling Wedge The 4-hour chart of the BTC price highlights a falling wedge pattern, which is a bullish reversal formation. The Bitcoin price has successfully broken out of the wedge, signaling a potential trend shift from consolidation to an uptrend. Meanwhile, the 50 Simple Moving Average (SMA) (white line) at $96,517.45 is below the 200 SMA at $99,873.72, indicating a prior bearish tr...

Top crypto exchange platforms Coinbase and Binance are adding support for a new artificial intelligence (AI)-focused altcoin. In a new announcement, Coinbase says it is adding support for InfoAI altcoin Kaito (KAITO) on the Base network, the firm’s own blockchain, with an Experimental label. Binance, the world’s largest crypto exchange by volume, also added support for the digital asset as well. The “Experimental” tag was created by Coinbase to designate certain digital assets as riskier, lower-liquidity tokens. News of being added on the exchanges had a reverse impact on the price of KAITO, as the crypto asset is trading for $0.952 at time of writing, a 20.8% decrease over the last 24 hours. KAITO aims to solve the issue of fragmentation within the crypto space by utilizing AI. Fragmentation is when the crypto markets become increasingly divided by blockchains, leading to different sets of standards, a lack of interoperability, and stagn...

Introduction In recent years, with the rapid development of the cryptocurrency market and digital payment technologies, several exchanges and wallet service providers have launched their own USDT/USDC prepaid card products. USDT/USDC prepaid card have increasingly become a tool for Web3 users to conduct cross-border payments and everyday transactions. At the same time, discussions about USDT/USDC prepaid card on various social media platforms have surged, making them a hot topic. Some view USDT/USDC prepaid card as a key solution to cryptocurrency OTC challenges, while others remain cautious or skeptical. In this article, FinTax will introduce the basics of USDT/USDC prepaid card and highlight the tax and other risks that should not be overlooked. 1.Introduction to USDT/USDC Prepaid Card 1.1 What Is A USDT/USDC Prepaid Card? A USDT/USDC prepaid card is a financial service tool designed for cryptocurrency investors. Similar to traditional bank cards, USDT/USDC prepaid card allow users t...