Magic Eden Shifts Focus From NFTs to Casino Platform

Solana-based nonfungible token (NFT) marketplace Magic Eden is winding down its support for Bitcoin and Ethereum as it plans to double down on its upcoming online casino and sportsbook, Dicey.   Magic Eden CEO and co-founder Jack Lu said in an X post on Friday that it is winding down support for its Ethereum Virtual Machine and Bitcoin-based Runes and Ordinals marketplaces on March 9, followed by its Bitcoin API on March 27, and its crypto wallet on April 1. He added that the platform will end its NFT buyback program…

Vitalik Buterin Says AI Coding Could Help Ethereum Roadmap

Ethereum co-founder Vitalik Buterin says an experiment that used artificial intelligence to prototype the blockchain’s roadmap out to 2030 in just a few weeks could have lessons for developers.  “This is quite an impressive experiment. Vibe-coding the entire 2030 roadmap within weeks,” Buterin posted to X on Saturday after a developer made a bet with Vitalik in February that one person could use AI to code a reference implementation of the blockchain’s roadmap. Buterin added that AI is “massively accelerating coding” and that people “should be open to the possibility…

Ethereum Price Support Intact, but Market Signals Waning Bullish Momentum

Ethereum price started a fresh increase from $1,840. ETH is now consolidating gains and might aim for another increase above $2,000. Ethereum started a fresh upward move above the $1,900 zone. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $2,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $1,880 zone. Ethereum Price Remains Above Support Ethereum price managed to form a…

Bitcoin Price Trapped Below $70K, Market Awaits Breakout Catalyst

Bitcoin price started a decent increase above $66,000. BTC is now consolidating above $66,000 and might aim for more gains above $67,200. Bitcoin started a fresh increase after it settled above the $65,500 support. The price is trading below $67,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $67,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $65,500 and $65,000 levels. Bitcoin Price Faces Key Resistance Bitcoin…

Trump Media Considers Spinning Out Truth Social

Trump Media & Technology Group said it is considering spinning out its flagship social media platform, Truth Social, into a publicly traded company, a move that could see it prioritize its crypto ambitions. The Donald Trump-founded company said on Friday that it is discussing the potential deal with energy fusion startup TAE Technologies and Texas Ventures Acquisition III, a blank check company that would take control of the social media platform. The discussions build on Trump Media’s merger agreement with TAE Technologies in December in a deal worth more than…

X Lifts Crypto Promo Ban, Allows Paid Partnerships

Social media platform X is now permitting paid promotional crypto posts under its updated labeling policy, though crypto advertisements will continue to be banned in several key markets, including the UK and European Union. X lifted its ban on crypto and gambling promotions on Sunday, enabling industry influencers to monetize crypto content, provided they comply with the platform’s new paid partnership framework. However, crypto influencers will be responsible for ensuring that partnerships are blocked or not visible in the European Union, the UK and Australia, regions with strict financial promotion…