Author: James Wilson

NFT trading has seen a sharp decline since December as artificial intelligence dApps continue their surge, becoming the fastest growing sector in web3. According to DappRadar’s latest Industry Report published on Mar. 6, NFT trading volume decreased by 63% over two months, from $1.36 billion in December to $997 million in January and then to $498 million in February. February saw a 16% drop in sales as well, reflecting a weaker market. However, some collections remain active. Sales of Pudgy Penguins increased by 25% despite price reductions. Doodles, another collection, made headlines when it revealed its upcoming Solana-based DOOD cryptocurrency.…

Ethereum’s total value locked dropped 27% to $97 billion in February, as the broader decentralized finance sector fell from $217 billion to $168 billion amid liquidity outflows. Decentralized finance‘s total value locked fell by nearly 23% in February, dropping from $217 billion to $168 billion as market volatility, liquidity shifts, and capital outflows pressured key protocols, says DappRadar’s analyst Sara Gherghelas. In a recent research report, Gherghelas pointed out that Ethereum (ETH), which holds nearly 60% of DeFi’s liquidity, saw its TVL fall 27% to $97 billion in February. The decline was mainly due to lower liquidity in liquid staking…

Venture Capitalist Nic Carter comments on Trump’s March 7 White House Crypto Summit executive order to establish a Strategic Bitcoin Reserve. In a recent post on March 7, Carter praises Trump’s decision to create a Strategic Bitcoin (BTC) Reserve, saying the announcement “couldn’t have gone better.” Carter, known for his investigative articles exposing the Biden administration for their efforts to snuff out the crypto industry, highlighted a few positive things that he believes came out of the White House Crypto Summit held on March 7. According to Carter, it was a good move on the Trump administration’s part to clearly…

21Shares has submitted the updated S-1 application for the spot Polkadot exchange-traded fund to the U.S. Securities and Exchange Commission, with the initial application filed over a month ago. 21Shares has submitted an updated version of its S-1 application for the spot Polkadot (DOT) ETF to the SEC, dated March 6. Crypto asset manager had previously submitted an S-1 registration statement to the SEC for a spot Polkadot ETF on Jan. 31. The March filing is an updated version of that initial application, possibly to address feedback from the SEC or to provide additional information. The filing sees 21Shares join…

REZ crypto surged by as high as 60% after being listed on Coinbase. What is REZ, and is it headed towards more potential gains? According to data from CoinGecko, Renzo (REZ) rallied to an intraday high of $0.032, over 145% higher than its lowest point this year. The altcoin’s market cap was seated at $63 million, while its daily trading volume more than doubled over the previous day at nearly $281 million. REZ’s gains were accompanied by a surge in demand from derivatives traders. According to CoinGlass data, open interest in its futures market jumped 92% to an all-time high…

Solana validators are set to vote on a new proposal that could change how SOL inflation works by adjusting token emissions dynamically. At Epoch 743, expected to begin this weekend, Solana validators will vote on Solana Improvement Document-0228, a governance proposal that ties inflation rates to staking participation. SIMD-0228:As we head to the vote in epoch 753, I am proud to share that we have spent almost two months discussing SIMD-0228 in public. (Check screenshot for details).Throughout the process, we incorporated several pieces of community feedback:1. Transitioned from a… pic.twitter.com/0g138cFGY8— Vishal Kankani (@kankanivishal) March 6, 2025 The proposal was put…

Sui price continues to trade below the $3 mark, struggling to gain momentum despite a recent partnership with Trump’s World Liberty Financial. What’s next? Currently trading at $2.75 according to crypto.news price tracker, Sui (SUI) is experiencing weak momentum. At 42.39, the relative strength index indicates that the asset is not oversold but is still in bearish territory. The 50-day EMA at $3.35 and the 200-day EMA at $3.02, both signal a bearish trend. If selling pressure increases, support is located around $2.70 and $2.50, while resistance is at $3.57. Sui technical analysis. Credit: crypto.news In the meantime, rising trader…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP and Cardano show strong bullish momentum, while Remittix emerges as a promising altcoin with over 362% ROI. After a continuous price fluctuation in recent days, XRP is poised for a notable upside momentum owing to the formation of a bullish price action pattern in the four-hour timeframe. This pattern could see the Ripple price target more gains in the coming days. Similarly, Cardano has also captured the attention of investors, witnessing a strong bullish run of over 40%.…

The U.S. government may have a maximum of 88,000 BTC available for its newly announced Strategic Bitcoin Reserve, according to Alex Thorn, head of research at Galaxy Research.  In a Mar. 7 post on X, Thorn noted that while the government currently holds about 198,000 Bitcoin (BTC), 112,000 BTC must be returned to Bitfinex following a previous seizure. This means that only a portion of the assets, a maximum of 88,000 BTC, can be used for the reserve. we think current US bitcoin balance available for re-purpose into a reserve is max 88k BTC, only 43% of current government holdings.…

President Trump has signed an executive order to create a Strategic Bitcoin Reserve, says White House AI and Crypto Czar David Sacks. According to Sacks’ Mar. 7 announcement on his official X handle, the reserve will be funded with Bitcoin (BTC) seized by the federal government through asset forfeiture, meaning taxpayers will not bear any cost. Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve. The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it…—…