DeFi News Today Official TheBitTimes.com

The cryptocurrency market is under pressure this week, with inflation fears linked to U.S. tariffs under Donald Trump’s administration weighing on investor sentiment. Bitcoin (BTC) has slipped below $80,000 for the first time since Trump’s re-election, as persistent outflows from Bitcoin spot ETFs add to the selling momentum.  The broader market is also feeling the strain, with nearly $1 billion in liquidations over the past 24 hours, highlighting heightened volatility. As selling pressure intensifies, traders are closely watching the Relative Strength Index (RSI) for signs of a potential rebound. This key momentum indicator helps gauge overbought and oversold conditions, with a weak RSI (typically below 50) indicating fading momentum—often a precursor to a buying opportunity before a potential recovery. Picks for you ChatGPT says XRP ...

Bybit Web3, Bybit’s Web3 division, has announced the launch of AI-DOL SUPERSTAR: Battle for Debut, its first artificial intelligence (AI) accelerator program, according to the reports shared with Finbold on Friday, February 28.  The event will run from February 28, 2025 (10:00 AM UTC) to March 27, 2025 (10:00 AM UTC), and participants can vote by trading on Bybit’s centralized (CEX) and decentralized (DEX) exchanges. Ready to crown the next AI sensation? Bybit AI-DOL SUPERSTAR kicks off tomorrow! 30+ AI projects will battle for your vote, but only 4 will be listed on Bybit Spot! Here's how you can join the action: Trade to earn voting points Vote for your favourite AI project … pic.twitter.com/rbMYpJ3mnj — Bybit Web3 (@Bybit_Web3) February 27, 2025 The AI-DOL SUPERSTAR: Battle for Debut AI accelerator program During the program, AI-driven projects will compete for a Bybit Spot listing, so the event marks a significant milestone for the integration of...

Trump EU tariffs have sent shockwaves through the cryptocurrency market, triggering unprecedented Bitcoin price drops and market volatility across the crypto landscape. The surprise announcement of potential 25% tariffs against the European Union has pushed Bitcoin below $85,000 for the first time since early November. “We have made a decision and we’ll be announcing it very soon. It’ll be 25 per cent generally speaking, and that will be on cars and all other things,” Trump said during his first Cabinet meeting. Also Read: Forget the BTC Crash: Here’s What Went ‘Right’ for Crypto in 2025 Understanding How Trump’s Tariffs Trigger Market Volatility and Bitcoin’s Response Source: Watcher Guru The cryptocurrency market was already showing bearish signals before Trump’s announcement, but his tariff declarations severely accelerated the downward trend. Bitcoin ETF outflows reached record highs as investors pulled back amid growing regulatory uncertai...

The cryptocurrency market has hit an exceptionally rough patch in recent trading with, for example, Bitcoin (BTC) collapsing $10,000 in just two days to its press time price of $85,811 — its lowest level since the Trump re-election rally started in early November. BTC one-week price chart. Source: Finbold Given the sheer volume of selling that led to such a sharp decline, it should come as no surprise that financial institutions operating spot BTC exchange-traded funds (ETFs) have been offloading the cryptocurrency at a record pace, with February 25 alone seeing nearly $940 million in outflows. Is Bitcoin poised to rally after the massive selloff? The biggest seller by far on the day proved to be Fidelity Wise Origin Bitcoin Fund (FBTC), as it sold more than 3,770 BTC worth almost $345 million. Even VanEck Bitcoin (HODL), the smallest seller by volume on February 25, proved unfaithful to its ticker as it let go of 109,000 Bitcoins worth $10 million. ...

Entering 2025, there were a select few companies that had been under the Wall Street microscope. Among them were several of the Magnificent Seven, including Microsoft. Things took a turn this week when news surfaced that the company is set to scale back its data center investment. However, Microsoft (MSFT) has since denied the data center cancellation claims, as the stock is currently eyeing an increase to $425. It was TD Cowens who first noted that Microsoft data centers were “slowing,” according to a Reuters report. That has since been reassessed, with the company denying some of the more aggressive interpretations of the company’s AI plans. It could now set Microsoft’s stock on an upward trajectory. Source: Nasdaq Also Read: Microsoft (MSFT) Gets $510 Target: Is It Best Mega-Cap Stock to Buy? Microsoft Debunks Claims of Canceled Data Center Leases: What it Means for MSFT There is no shortage of reasons for investors to be excited about Microsoft’s trajec...

Pundi AI, a data platform driven by artificial intelligence (AI), has partnered up with Monad, T+ Wallet, and Numbers Protocol to promote data accessibility and decentralization, according to the most recent reports shared with Finbold on Tuesday, February 25. Thanks to the collaboration, Pundi AI will work on improving its AI tools to attract a broader user base and innovate AI data collection and utilization. Building a decentralized AI ecosystem Working on creating a decentralized AI ecosystem, Pundi AI has already developed a comprehensive in-house toolkit, which includes the Pundi AI Data platform, Pundi AIFX Omnilayer, Pundi AI Data Marketplace, and Pundi AI MM Agent. Picks for you Donald Trump’s crypto portfolio hits 12-month lows 17 mins ago ...

The non-fungible token market has plunged in trading sales volume this past week. In the past seven days, the global NFT market has raised a trading sales volume of over $115 million, down 11% from the past week. This negative growth indicates the global NFT market has not fully healed from the recent short-market meltdown, which occurred after traders shifted their attention to meme coins and other digital assets. NFT sales Fall 11% This Past Week Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, indicates that the non-fungible token market has plunged this past week. From February 17 to February 23, 2025, the non-fungible token market has raised a trading sales volume of $115 million, down by 11% from the previous week. The NFT market recorded a trading sales volume of $130 million the last week. Ethereum, the blockchain network renowned in the NFT market for hosting most blue-chip non-fungible ...

Montana lawmakers rejected a proposal to create a strategic Bitcoin reserve, warning that it would expose taxpayer money to excessive speculation. The bill was voted down 41-59 with opposition even from many Republicans. “It’s still taxpayer money, and we’re responsible for it, and we need to protect it,” Montana Representative Steven Kelly said during the state’s Feb. 22 House Floor session. Montana Joins Three Other States In Rejecting A Strategic Bitcoin Reserve Montana joins North Dakota, Pennsylvania and Wyoming among states that have knocked back proposals for a strategic Bitcoin Reserve. 🚨 MONTANA Update: Bitcoin Reserve bill HB 429 failed to pass a second reading in the Montana House. It is now effectively dead. The vote was 41 – 59. It was largely partisan, but many Republicans voted against the bill. ANALYSIS: HB 429 failed in the House, largely due to… pic.twitter.com/AJK8sPrf1N — Bitcoin Laws (@Bitcoin_Laws)...

The future of cryptocurrency may be heavily influenced by AI agents, with the MIND token strategically positioned to capitalize on this emerging trend. Despite recent market downturns, the AI-driven crypto sector remains poised for significant growth, particularly for projects that offer tangible utility. While many AI tokens have failed to meet expectations, MIND of Pepe distinguishes itself through its innovative integration of AI technology and meme culture. This distinctive approach positions it as a potential leader in the anticipated expansion of AI tokens. AI Crypto’s Rise and Fall: Can MIND of Pepe Lead the Comeback? AI agents, particularly those in the crypto world, have been receiving significant attention recently, despite many of them facing challenges. A lot of AI-based tokens have fallen prey to scams, often dressing themselves up as high-potential projects with promises of high returns. However, despite these setbacks, the fundamental value of AI agents remain...

As the meme coin market shows signs of recovery, Meme Index (MEMEX) is attracting considerable attention, having raised $3.8 million in its presale. The meme coin market continues to search for stability, with $66 billion appearing to be the level where prices attempt to bounce. However, signs of further declines are emerging as the market curls downward once again. While the hourly charts are showing red, the daily remains in the green, indicating an overall upward trend for the day but short-term volatility. Meme coin season has yet to officially begin, but projections suggest it could propel the market to an unprecedented $1 trillion valuation in the upcoming bull run. With meme coin search volume reaching all-time highs, more investors are gearing up to enter the space. Increased interest suggests that as soon as momentum shifts, tokens like Meme Index (MEMEX) could experience rapid growth. Meme Index: A Smarter and Safer Way to Invest in Meme Coins The Meme Index helps make...

VeChain (VET) seems to be making a recovery after the recent market dip. The asset has rallied 2.2% in the daily charts and 0.2% in the 14-day charts. Despite the recovery, the asset is down by 5% in the weekly charts, 35.4% in the monthly charts, and 23% since February 2024. Also Read: De-Dollarization: ECB Expands Wholesale CBDC in Europe—A Step Backward for Privacy? Source: CoinGecko Cryptocurrencies Gain Traction Source: Zipmex VET is following the current market resurgence. Bitcoin (BTC) has reclaimed the $98,000 price level. The global crypto market cap has risen to $3.36 trillion. We may witness another bullish leg for the crypto market in the coming weeks. Also Read: Will GTA 6 Accept Crypto Payments? The recent dip was likely due to Libra coin. The project was accused of insider trading. Investor sentiment took a dip after the coin’s launch. VET and other assets suffered as a consequence of the incident. The whole debacle is now being called “Libragate.” VeCha...