Artificial intelligence (AI)-linked cryptocurrencies climbed sharply on Tuesday after OpenAI secured a $40 billion capital injection from Japan's Softbank, Microsoft, and other investors. With this latest round, OpenAI's valuation now stands at $300 billion.
The selling pressure on Bitcoin forced MKR to lose 11%, but the bulls were likely to drive a recovery.
Two Ethereum whales on MakerDAO are at risk of being liquidated if Ether drops below $1,800. The whales, who borrowed millions in DAI from the DeFi lending protocol and pledged ETH as collateral, are now under pressure due to Ether's continuous decline.
The crypto market is back in bearish territory after major cryptocurrencies registered a notable decline over the past 24 hours. As a result, the crypto market cap is down 1.20% and currently sits at $2.83 trillion.
The crypto market dipped into the red over the past 24 hours as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap dropped to $2.86 trillion.
MakerDAO's governance token, MKR, has posted double-digit gains in the past 24 hours, making it the market's top performer. The surge propelled MKR to a seven-day high of $1,485, where it traded briefly during Thursday's early Asian hours.
The crypto markets are consolidating after a small rise as the bulls face fatigue following a minor surge. Bitcoin price surged above $88,000 but has settled above $87,000 despite the rising bearish activity. On the other hand, Ethereum sustains above $2000, while memecoins display some strength as DOGE, PEPE, and FLOKI maintain a strong upswing.
Highlights MKR Coin breaks critical resistance level $1200 last week, signalling a breakout from the downtrend that began back in June. In the near term, MKR's future resistance is at $1500, with a breakout possibility to the $1800 price zone. A key support level is around $1000.
The market is reacting positively to Movement's pledge to do a $38 million token buyback to create a Movement Strategic Reserve.
With March coming to an end, the crypto market is closing Q1 2025 on a bearish note. However, the altcoins are turning around, aided by the slow recovery across the market, which could help start Q2 and April off on a good note.
The crypto market registered a marginal increase over the past 24 hours as prices steadied, with its current market cap at $2.83 trillion. Bitcoin (BTC) reached an intraday peak of $88,635 before declining and steadying itself around $86,500.
Maker recently reacted off a major support zone where hundreds of thousands of units were purchased. Some traders, however, are taking profits—a move that could impact MKR's potential market movement.
Bitcoin (BTC) bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to close above $85,000 this week to signal strength and “prevent a drop to $76,000.
The crypto market rallied after the Federal Reserve decided to keep interest rates unchanged between 4.25% and 4.50% after the Federal Open Market Committee (FOMC) meeting. The Federal Reserve also stated it sees two rate cuts coming in 2025.
The crypto markets remained flat on Tuesday, with the market cap registering a marginal increase and moving to $2.72 trillion. Prices have remained relatively muted as markets wait for the FOMC meeting and clarity on interest rate cuts.
Spark has announced that BlackRock, Superstate, and Centrifuge are the winners of its Tokenization Grand Prix. The goal is to allocate $1 billion in tokenized assets, with BlackRock's BUIDL fund set to receive half of it.
TL;DR GLIF has launched its native token, GLF, distributing 94 million tokens in an airdrop to active users, which represents 9.4% of the total supply. Although GLF is currently a governance token, the protocol is working to expand its utility, including a loyalty program inspired by airline miles.
The GLF token launch comes as GLIF moves beyond Filecoin, with plans to support additional decentralized physical infrastructure networks.
The crypto market remained relatively flat over the past 24 hours, with the market cap registering a marginal decline and falling to $2.71 trillion. Markets were mixed, with some cryptocurrencies registering marginal increases while others registered marginal declines.
Crypto exchange titan Binance again caused a market stir with its latest announcement on five crypto tokens this Monday. Notably, the exchange revealed plans to launch new spot trading pairs for MKR, EPIC, DF, GMX, and RPL shortly ahead.
Right now, NEAR Protocol is going through a tough time, with its token on the decline.
The crypto market remained flat for most of the day after a brief rally following better-than-expected inflation data quickly lost steam. Bitcoin (BTC) briefly rose above the $84,000 mark after the US CPI Report but fell flat later in the day, dropping below $84,000.
Bittensor (TAO) price has been facing a tough battle recently. It failed to break out of a descending wedge pattern, resulting in significant losses.
The crypto market recovered over the past 24 hours as prices rose after experiencing significant declines over the past few sessions. Bitcoin (BTC) dipped to a low of $76,982 on Tuesday before rebounding to reclaim $80,000 and reach $83,737 before losing momentum and declining to its current level.
Bitcoin and crypto are currently seeing a relief rally on Tuesday. Is this short-term, or could this be the start of something bigger?
Filecoin still leads the decentralized open-source storage network in the blockchain world. However, its token has seen a downtrend similar to other cryptocurrencies.
MoreMarkets aims to create yield opportunities from XRP, DOGE and other non-EVM tokens on different DEXs without having to leave their original network.
The crypto market cap continued to decline over the weekend as major cryptocurrencies extended their losses after investors were disappointed by Donald Trump's strategic Bitcoin reserve. A wave of uncertainty caused by new US trade tariffs also impacted investor sentiment.
Since the liquidity around $300 was sizeable, it was likely that a price bounce was brewing.
Maker [MKR] has retraced to key accumulation zones, with cost basis data underlining a shift in investor engagement.
NEAR could be preparing for a major move on the price charts soon.
NEAR Protocol (NEAR) is a blockchain platform that focuses on scalability, usability, and ease of development for decentralized applications (dApps) and smart contracts. It aims to provide a high-performance alternative to other platforms like Ethereum, with a strong emphasis on user and developer-friendly features.
Ripple (XRP) was also among the top performers, gaining 4%.
The crypto market fell back into the red as its market capitalization dropped nearly 11% to $2.75 trillion, erasing all the gains made on Sunday after President Donald Trump's crypto reserve announcement. Sunday's rally began fading on Monday, with Bitcoin (BTC) and other altcoins sliding back to pre-weekend levels.
NEAR Protocol has created history with its mind blowing hold over the world. The financial system was revolutionized when NEAR Protocol started climbing the ladder.
Maker (MKR), the native token of the MakerDAO decentralized finance (DeFi) platform, has been facing significant downward pressure in recent days. As of early March 2025, MKR's price saw a steep 10% drop, bringing its value to approximately $1,473.92.
MKR prices are testing a key psychological level with its on-chain metrics painting an optimistic picture for a bullish reversal.
The crypto market registered a sharp recovery on Sunday after President Donald Trump announced the names of cryptocurrencies to be included in the strategic reserve. As a result, the crypto market cap surged nearly 9% to reclaim the $3 trillion mark and move to its current $3.08 trillion.
Near Protocol (NEAR) is approaching a key resistance level, fueling speculation about whether it can break out to new highs or face a pullback. At the time of writing, NEAR's price sits at $3.25, reflecting a 5.03% increase.
Near Protocol is testing a crucial resistance level; breakout potential hinges on market interest.
Major blockchain companies including Coinbase and NEAR have formed the Open Agents Alliance to provide accessible, open-source AI development tools and infrastructure.
Cardano and SUI now feature in the Grayscale Smart Contract Fund following its latest rebalancing.
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.
The Open Agents Alliance (OAA) consists of NEAR AI, the payments and AI arms of crypto exchange Coinbase and an array of other blockchain and AI projects.
Polkadot (DOT) is up 4.2% and currently stands at $5.09 per coin as the token appears to be immune to this week's sharp sell-off.
Team Rizzo, which operates subnets and validator services on Bittensor, has secured $25 million in blockchain-based insurance coverage against hacking risks. As reported by Coindesk, the coverage was arranged by Native, a digital asset insurance broker and specialist, to protect Rizzo's validator services and machine learning businesses on Bittensor, a popular AI-driven cryptocurrency network.
Team Rizzo, which operates Bittensor subnets and validator services, has snagged $25 million in on-chain cover from Native, a digital asset insurance specialist.
The crypto market suffered a further decline in early trading, with the market cap declining by nearly 3% and settling at $2.84 trillion. Bitcoin (BTC) and other cryptocurrencies registered substantial declines, with fears of a further decline driving investors to safe-haven assets.