Day: February 28, 2025

Bitcoin Shakeout: $106M Liquidated in Minutes as Price Dips to $81K

2025-02-28 By admin

Bitcoin (BTC) saw a sharp plunge on Feb. 27, 2025, at 8:35 p.m. Eastern Time, dropping from around $84,000 to the $81,084 range in a matter of minutes on Bitstamp. The sudden move startled traders and triggered a wave of stop-loss orders, intensifying the rapid sell-off. Coinglass stats show $106 million in bitcoin longs were […]

Bitcoin Price Clings to $84K Ahead of High-Stakes Weekend

2025-02-28 By admin

As twilight falls on Thursday, Feb. 27, 2025, bitcoin danced just above $84,000, its movements a meandering ballet ahead of Friday’s opening sessions. Traders braced for a weekend tango between $82,000 and $89,000 per BTC, set against a backdrop of macroeconomic suspense with the current Trump administration. Futures Expiry and Political Winds Fuel Speculation At […]

Ethereum Foundation Allocates $2M to Boost Academic Blockchain Research

2025-02-28 By admin

The Ethereum Foundation has announced $2 million in grants for Ethereum-related academic research, with proposals due by March 16, 2025. Ethereum Foundation Launches Third Annual Academic Grants Round The Ethereum Foundation is offering $2 million in grants to support academic research related to Ethereum, with applications accepted until 23:59 AoE on March 16, 2025. This […]

Bittensor Introduces $25M Onchain Coverage to Protect Network Participants

2025-02-28 By admin

Bittensor, a decentralized artificial intelligence (AI) protocol, has joined forces with digital asset insurer Native to unveil a $25 million onchain insurance program for its network users. $25M Onchain Coverage Now Available for Bittensor Stakers Designed by Native in partnership with Team Rizzo, a top-tier validator on Bittensor, the coverage combats smart contract vulnerabilities—from coding […]

Bitcoin Miner MARA Sees Revenue Soar 69% in 2024

2025-02-28 By admin

MARA reported a record-high revenue of $214.4 million in Q4 of 2024, a 37% increase from the same period in 2023. MARA’s Block Wins Rise 25% Bitcoin miner and publicly listed firm MARA (Nasdaq: MARA) said it registered a record-high revenue of $214.4 million in the fourth quarter of 2024, up 37% from $156.8 million […]

$63M Investment Fuels Raise’s Blockchain-Powered Smart Cards

2025-02-28 By admin

Raise, a Chicago-based gift card marketplace, secured $63 million in funding led by Haun Ventures and backed by Paypal to expand its blockchain-based Smart Cards system, the company announced this week. Paypal-Backed Raise Raises $63M; Aims to Revolutionize Gift Cards via Blockchain The funding round, which included Accel, New Enterprise Associates and others, brings Raise’s […]