Ethereum News by Thebittimes.Com

In what is a continued expansion of its digital presence, the Trump Organization has filed to trademark ‘TRUMP’ for both a metaverse and NFT trading platform. Indeed, a filing with the US Patent and Trademark Office (USPTO) shows the potential exploration of even more digital content surrounding the 47th President of the United States. The news continued to establish the building of a Donald Trump digital empire. In January of this year, the Trump Media & Technology Group announced plans to begin investing in cryptocurrencies. After launching a meme coin in 2025, the brand is now looking to the metaverse and NFTs. JUST IN: Trump Organization files trademark for 'TRUMP' to launch a metaverse and NFT trading platform. pic.twitter.com/1EosJCrDX5 — Watcher.Guru (@WatcherGuru) February 28, 2025 Also Read: US Economy: Trump’s Tariff Spree Is Set To Create More Mayhem: Here’s How Trump Organization Files for TRUMP MEtaverse and NFT Platform as Digital Empire Grows The return to th...

Online payments giant PayPal is reportedly eyeing to expand the user base of its US-dollar-backed stablecoin by integrating the asset into several of its products this year. Bloomberg reports that the California-based firm is targeting its more than 20 million small-to-medium-sized merchants to use PayPal USD (PYUSD) by giving them the option to use the stablecoin to pay vendors through the company’s bill-pay product that will be launched by the end of 2025. PayPal’s small business and financial services group general manager Michelle Gill says the idea is to encourage merchants to invite their vendors to use the PayPal network for easier transactions. “A lot of the payments we’re expecting are going to be cross-border because merchants in the US are seeking to pay vendors and suppliers abroad. The thesis was: Can we facilitate that on PYUSD rails so as not to have the currency conversion, the friction, as well as time?” PayPal also plans to add PYUSD as a glob...

Mastercard is announcing a new partnership with Ondo Finance (ONDO) that will see the project join the credit card giant’s Multi-Token Network (MTN), a blockchain that links commercial banks and digital assets. In a new press release, Mastercard says it is joining forces with the real-world asset (RWA) tokenization protocol because the firm believes blockchains are the future of business-to-business transactions due to their efficiency. “Blockchain technology has the potential to transform the way businesses pay one another. Even in 2025, the complex work of settling the world’s business transactions sometimes requires waiting several days as banks communicate and sync their accounts with each other. Blockchains, on the other hand, can quickly process and settle transactions any time of day, any day of the week.” Ondo’s chief strategy officer, Ian De Bode, told Mastercard in an interview that tokenizing traditional assets such as gold...

Many people might have assumed that the crypto bear market is something that started in February. However, a review of the charts reveals a longer history of sobering statistics. In fact, altcoins have been on the decline since December 8 . Evidence of a bear market is everywhere this week. CoinMarketCap’s Fear and Greed index is at a decisively bearish 26, while other indices, such as crypto market sentiment and “Altcoin Season” sit at similarly dismal 27 and 24 levels, respectively. Not only that, on Tuesday, spot bitcoin (BTC) ETFs experienced their worst single day of outflows in history. Rewind to January, however, and barely anyone predicted such a downturn. Indeed, the market capitalization of crypto assets in general remained within 3% of its all-time high during Donald Trump’s January 20, 2025 inauguration. However, a closer look at this apparent resilience reveals that BTC did most of the heavy lifting, marking its all-time high near $108,800 o...

The BTC Bull Token ($BTCBULL) presale surged past $2.75 million even as Bitcoin tumbled below $88,000 during the crypto crash. Despite a turbulent market, this achievement comes with $BTC dipping below $90,000 on Monday amid rising uncertainty. The decline followed U.S. President Donald Trump’s renewed push for tariffs on Mexico and Canada, along with OKX’s $500 million fine for illegally serving U.S. customers. Yet, BTC Bull Token remains unfazed. Presale buyers continue to back the project, driving its two-week-old presale to a daily run rate exceeding $180,000. With less than 24 hours remaining in the current presale stage, the price of $BTCBULL is set to rise from $0.00238 per token. Investors looking to secure a lower price should act quickly. Bitcoin Slumps To $88,000 As ”Extreme Fear” Hits The Market Early Tuesday morning, Bitcoin crashed from $91,000 to about $88,000, with further declines occurring in less than an ...

Widely followed crypto strategist Michaël van de Poppe believes that one Ethereum (ETH) rival is in a position to ignite a real bullish phase. Van de Poppe tells his 776,000 followers on the social media platform X that the layer-1 protocol Near (NEAR) appears to be carving a cycle bottom. The analyst says that NEAR is likely in the final stages of its accumulation phase before kicking off a bull run. “This is a typical chart of a standard Altcoin bull run. At first, it runs up, then fully corrects before the real run occurs. Those runs start from the double-bottom retest –> that’s happening right now. Good accumulation area.”  Source: Michaël van de Poppe/X A double-bottom pattern is a bullish reversal structure, indicating that an asset is cementing a price floor before launching an upside burst. At time of writing, NEAR is trading for $3.45. Looking at the payments altcoin XRP, the trader says the coin has already printed massiv...

The Wall Street Pepe price soared 13% in the last 24 hours to trade at $0.00008266 as of 05:21 a.m. EST on trading volume that jumped 11% to $2.6 million. Wall Street Pepe Price Attempting A Potential Bullish Reversal – A Fakeout? Looking at the 1-hour chart, the WEPE price has been in a consistent downtrend over the past few days, forming a falling wedge pattern. A falling wedge is generally considered a bullish reversal pattern, suggesting that a breakout to the upside might be on the horizon. Data from GeckoTerminal indicates that the Wall Street Pepe price recently attempted to break out of this wedge, resulting in a sharp upward move before facing resistance. The 50-day Simple Moving Average (SMA) at $0.00008646 acted as dynamic resistance, preventing further upside movement. The price of WEPE is currently hovering just below this level, making it a key area to watch. Meanwhile, the Relative Strength Index (RSI) is currently at 51.84, indicating a neutral stance. Howe...

The cryptocurrency market is currently navigating a rocky path. Over the past week, the market has been somewhat lackluster, and the month has seen an ocean of red, which can be discouraging for many investors. However, even in these uncertain times, there are still some exciting projects worth keeping an eye on. Among the projects currently catching attention are emerging tokens that show promise for growth. Below is a breakdown of five crypto presales to consider as February comes to an end. Meme Index (MEMEX) Meme Index (MEMEX) stands out as a unique concept within the meme coin ecosystem. It functions similarly to traditional market indices like NASDAQ or S&P 500 but focuses entirely on meme coins. The Meme Index serves as a basket of meme coin assets, organizing them into distinct indices such as the Meme Titan Index, Meme Moonshoot Index, Meme Midcap Index, and Meme Frenzy Index. These indices help investors pinpoint trending meme coins that align with their specific ri...

1. Solana’s New Fee Allocation Mechanism Implements for a Week, Annual Inflation Rate Surges by 30.5% link Since the implementation of the new priority fee allocation mechanism on February 12th, Solana’s annualized inflation rate has increased by 30.5%. The number of SOL tokens burned per day has decreased from nearly 18,000 SOL to 1,000 SOL. Carlos Gonzalez Campo, a researcher at Blockworks, stated that Solana Improvement Proposal 96 (SIMD 96) allocates all the network’s priority fees to validators instead of using them for token burning, resulting in the annualized inflation rate rising from 3.6% to 4.7%. 2. Ethena Labs Founder: Ethena Handles Largest Single-Day Redemption Without Any Losses or Redemption Issues link On the evening of February 21st, on-chain detective ZachXBT monitored the outflow of more than $1.46 billion in suspicious funds from Bybit. Subsequently, Bybit confirmed the theft. On-chain analyst ZachXBT provided conclusive evidence that the $1.5 billion hacking attac...

Stellar (XLM) enjoyed a strong rally in late 2024 in many ways, mirroring the surge of another popular cryptocurrency: XRP.  Indeed, XLM was noted for showing more volatility and stronger directional movements as it soared 522.22% from approximately $0.09 just ahead of the U.S. presidential election to December 1 highs at about $0.56. In recent times the token has been struggling to decisively breach $0.35 – despite coming close with its press time price of $0.34. Picks for you AI predicts DOGE price for March 1, 2025 2 hours ago Kash Patel’s net worth revealed: How rich is the new FBI Director? 2 hours ago Robert Kiyosaki predic...

The cryptocurrency market is currently experiencing new bullish developments. One such development is the launch of Ripple (XRP) ETF, which has lately been taking the market by storm. With Ripple forging new milestones every day, the launch of the XRP ETF could play a pivotal role in strengthening its price and market presence. That being said, how high can XRP go once Ripple ETFs debut and enter the market for investors to explore? Let’s find out. Also Read: Walmart (WMT) Stock Falls 6% Despite Strong Earnings: But Why? Ripple: New ETF Development Source: CoinPedia Ripple ETFs are again grabbing the central spotlight, compelling investors to bank on them patiently. Per Eleanor Terrett, a notable Fox business journalist, the US SEC has already posted Grayscale’s XRP ETF filing in its federal register. This move can be roughly translated to the US SEC officially paying attention to the rising ETF domain within the cryptocurrency realm. This move is also indicative of how the US SEC...

The crypto market remains stagnant as investor fear grows, with valuation nearing $3 trillion, signaling potential declines. Despite this, opportunities arise for strategic accumulation. This article discusses five cryptos to buy during the market dip. The market’s cyclical nature suggests an eventual recovery, making these assets potential buys at their current levels. Solana (SOL) Solana has experienced significant volatility, with its price declining sharply due to ongoing controversies surrounding the blockchain. The token is currently testing a critical support level between $165 and $170, and market participants are closely watching whether this level will hold. Several factors have contributed to the recent bearish sentiment, including concerns over certain ecosystem projects such as Metora, which is under scrutiny, and the departure of its CEO. Additionally, Jupiter, Solana’s largest decentralized exchange aggregator, has issued a statement addressing the situati...