Day: February 28, 2025

Uniswap partners with Robinhood, MoonPay, Transak to turn crypto into cash

admin

Decentralized exchange Uniswap has entered into a partnership with trading platform Robinhood and a number of payment platforms to facilitate crypto-to-fiat transactions. Starting on Feb. 27, users in more than 180 countries can sell supported crypto assets to deposit funds directly into their bank account through Robinhood, MoonPay and Transak, Uniswap announced.  It added that the fiat onramping and offramping was live in the Uniswap wallet on both Android and Apple iOS and would be coming to the Uniswap extension and the web app soon. Moving between crypto and cash…

Bitcoin sheds nearly all Trump election gains in plummet under $80K

admin

Bitcoin has fallen under $80,000 for the first time since November amid mounting macroeconomic uncertainty over US President Donald Trump’s proposed tariffs. On Feb. 27, Bitcoin plummeted to $79,752, according to TradingView data. The price 2.65% decline over the past hour led to $80.28 million in long positions liquidated, per CoinGlass data. Bitcoin last traded at this level on Nov. 11, just days after Trump was elected US President, amid optimism that his pro-crypto policies would lead a Bitcoin rally in 2025. Many observers point to macroeconomic uncertainty and concerns…

Bitcoin sinks under $80,000, faces potential drop to pre-election levels as correction continues

admin

Key Takeaways Bitcoin has dropped 21% from its all-time high, warned Wolfe Research. Analysts suggest Bitcoin could fall to $70,000 if the $90,000 level isn’t reclaimed. Share this article Bitcoin hit a low of $79,500 on Binance on Thursday, marking a 26% decline from its January peak, as broader market risk aversion continues to pressure crypto assets. The leading digital asset could retreat to $70,000 — a level not seen since Election Day — if it fails to reclaim $90,000, according to Wolfe Research. A drop to the mid-$70,000 range…

Bitcoin Dives, $80K Breakout in Jeopardy

admin

Este artículo también está disponible en español. Bitcoin price started a fresh decline below the $85,000 support. BTC must stay above the $80,000 zone to avoid more losses in the near term. Bitcoin started a fresh decline from the $86,500 zone. The price is trading below $82,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $83,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it fails to stay above…

SEC pushed DeFi execs to ‘never work in crypto again,’ says crypto VC

admin

The US Securities and Exchange Commission, under former chair Gary Gensler, used settlements to pressure founders of decentralized finance platforms from ever working in the industry again, according to venture capital firm Founders Fund partner Joey Krug. “The thing people don’t really know about is that the government, in many cases, went to founders of DeFi protocols […] and basically told the founders you effectively have to do a settlement with us,” Krug said on stage at the ETHDenver conference on Feb. 27. “In many cases, they said you also…

Bitcoin analyst eyes ‘near term floor’ as crypto fear hits redline

admin

Bitcoin’s price could be approaching its bottom this cycle as it lingers below $83,000 and market sentiment remains fearful, according to the founder of a crypto fund. “Some broader macro data still looks poor, but it also wouldn’t surprise me if we put in a near-term floor locally given the significant level of fear and liquidations,” Bitcoin analyst and digital asset fund Capriole Investment founder Charles Edwards told Cointelegraph. Bitcoin sentiment improves slightly despite stagnant price Despite the Crypto Fear & Greed Index — which measures overall crypto market sentiment…

Deutsche Telekom subsidiary becomes a validator for Injective blockchain

admin

A subsidiary of one of Europe’s largest telecommunications companies, Deutsche Telekom, has become a validator for layer-1 blockchain Injective.  Deutsche Telekom MMS, a subsidiary that provides consulting and software development services, will validate transactions and participate in onchain governance, according to the Feb. 27 blog post from Injective.  Eric Chen, CEO of Injective, said the blockchain is “thrilled to have one of the world’s leading telecommunications companies” coming on board as a validator.  “This is yet another example of Web3 becoming more and more institutional and fully integrated into a…

OpenAI’s GPT-4.5 ‘won’t crush benchmarks’ but might be a better friend

admin

ChatGPT-maker OpenAI’s upcoming model could be as much as 20 times more costly than its predecessor but will be far more creative and “natural” in its conversational style, according to OpenAI and early testers.   OpenAI released a research preview of GPT-4.5 on Feb. 27, its most advanced AI model, which can recognize patterns, draw connections, and make creative insights without reasoning in a superior way to earlier versions, the company said. OpenAI said GPT-4.5’s broader knowledge base and improved “EQ” (emotional intelligence) make it more useful for creative tasks and…