Crypto Market Pulse: Fear & Greed, ATHs, Trends, and NFTs in Focus

Dear Readers,

Bitcoin experienced a rise on Thursday, continuing its recovery from recent losses amid growing speculation surrounding U.S. President Donald Trump's potential plans for a crypto reserve, ahead of a White House summit this week. While Trump’s previous comments about a crypto reserve had only caused brief price surges, Bitcoin surged 3.13%, reaching $90,903.

The broader cryptocurrency market followed suit, with Ether climbing 2.07% to $2,285 and XRP gaining 2.11% to $2.55. However, despite the positive movement, the broader crypto market has faced a somewhat volatile performance over the past week.

Highlights Of The Week

• Emirates NBD, a Dubai government-owned bank, will launch cryptocurrency services through its digital bank subsidiary, Liv.

• The district administration in a town in India has digitized all land records dating back to the 1950s, storing them on the Avalanche blockchain for tamper-proof governance.

• A New Hampshire House committee passed the state’s Bitcoin reserve bill in a 16-1 vote on March 5, sending it to the House for a full floor vote.

• The lead prosecutor investigating Argentine President Javier Milei’s alleged involvement in the LIBRA cryptocurrency scandal has requested the freezing of up to $110 million in assets.

• Bankrupt crypto exchange Mt. Gox has started moving Bitcoin again, transferring 12,000 BTC amid a volatile market week.

• Crypto asset manager Bitwise has filed to list a spot Aptos exchange-traded fund (ETF) in the US, a token created by former Facebook employees in 2022.

Crypto Fear & Greed Index

The Crypto Fear & Greed Index currently stands at 25, indicating a state of extreme fear. Yesterday it was at 20. Despite some positive movement in the market, this heightened fear suggests investor apprehension and uncertainty about the future. The recent volatility risks are amplified by the news that Mt. Gox has moved a staggering $1 billion in Bitcoin, which has raised concerns about a potential large-scale selloff. This has further intensified the cautious sentiment among traders, as many worry that the market could be vulnerable to significant price fluctuations in the near future.

ATH Coins

The all-time high (ATH) of a cryptocurrency signifies its peak performance and growing attention in the market. However, market volatility should not be overlooked. Prior to investing in coins at their ATH, it's crucial to do detailed research. Below are some of the standout cryptocurrencies that have recently reached ATH levels.

Pharaoh (PHAR) has recently reached an all-time high (ATH) price of $1,021.63, recorded today. The current price stands at $935.11 with a trading volume of $2.32 million. Pharaoh is a decentralized exchange that combines ve (3,3) incentives with concentrated liquidity, creating a unique platform that enhances the efficiency and user experience of decentralized finance (DeFi).

Finvesta (FINVESTA) also reached an ATH price of $93.70 today, with the current price at $87.28 and a trading volume of $2.03 million. As the most deflationary asset on Pulsechain, Finvesta’s ecosystem continues to show impressive growth. One of its standout features is the daily burning of over 1,000 FINVESTA tokens, which supports its deflationary nature and contributes to increasing the asset’s value over time.

Pineapple (PAPPLE) has hit an ATH price of $0.007701 today, and it is currently priced at $0.006706 with a trading volume of $397,140. Pineapple is introducing an innovative approach to decentralized exchanges, aiming to transform how people trade and invest in the DeFi space. By bringing a fresh twist to the market, Pineapple offers a platform that’s both unique and user-friendly, with the potential to disrupt the way decentralized finance operates.

Ailey (ALE), which reached an ATH price of $0.32 today, is currently priced at $0.3112 with a trading volume of $880,420. Project Ailey stands as the first AI-powered virtual celebrity project built on the Avalanche network. This cutting-edge initiative merges artificial intelligence with entertainment, creating a new frontier for virtual interactions and engagement.

Loaded Lions (LION) reached an ATH price of $0.004814 today and is currently priced at the same value of $0.004814, with a trading volume of $4.7 million. Loaded Lions is a project that blends community-driven innovation with real-world utility. Focused on the future of Web3, it provides users with tools and opportunities that leverage decentralized technologies, aiming to empower individuals and foster growth within the digital space.

Top Movers (24H)

As cryptocurrency earns more recognition as a credible investment, even past skeptics are starting to invest, adding different digital assets to their portfolios. Veteran investors are also building their stakes, contributing to notable price increases in several cryptocurrencies over the last day. Here’s a look at some cryptocurrencies that have seen remarkable price growth recently.

In the last 24 hours, Bluzelle (BLZ) has experienced a significant surge, with its price rising by 65.71%, reaching $0.04791. This increase is accompanied by a strong trading volume of $22.92M. Bluzelle is a decentralized storage network designed for creators, offering high levels of security, excellent availability, and resistance to censorship, making it an attractive option for those in need of reliable storage solutions.

Similarly, Zoo (ZOO) has seen a noteworthy surge, with its price climbing by 36.47%, now standing at $0.00001429. The token has a trading volume of $10.92M. Zoo is a Telegram-based Web3 app that allows users to mine $ZOO tokens through fun and interactive gameplay.

Another standout is Collaterize (COLLAT), which has risen by 35.14% in the past 24 hours, now priced at $0.03515. The token has achieved a trading volume of $10.68M. Collaterize is focused on real-world asset (RWA) tokenization, aiming to bring individuals into the world of blockchain by providing access to a diverse range of assets moving on-chain.

Meanwhile, DeFi (DEFI) has made impressive strides, increasing by 31.77% in the last 24 hours to a price of $0.009919, with a trading volume of $6.9M. DeFi is a Web3 Antivirus and SocialFi SuperApp that offers top-notch security, having already protected over $1.2 billion in user funds from scams. In addition to its security features, DeFi offers portfolio tracking, making it a useful tool for safely managing investments in one place.

Finally, Aleph.im (ALEPH) has gained 26.19% in the past 24 hours, with its current price sitting at $0.07886 and a trading volume of $1.63M. Aleph.im is an open-source cross-chain network that offers decentralized file storage, computing, and a decentralized identity (DID) framework. Its versatility makes it a powerful tool for individuals and businesses seeking to use decentralized technologies for various purposes.

Non-Fungible Tokens – Developments

•  Yuga Labs announced that the SEC has dropped its investigation into the company after three years.

• Colle AI (COLLE) introduced intelligent NFT curation tools to improve discoverability, personalization, and user engagement within its multichain ecosystem.

•  DraftKings agreed to pay $10 million to settle a securities class-action lawsuit related to its non-fungible tokens (NFTs) sold through its now-closed marketplace.

NFTs To Watch (24H)

The Wealthy Hypio Babies collection has seen impressive activity, with a trading volume of 31.87 ETH, marking a significant 45% increase in the last 24 hours. These unique NFTs are making waves as a cultural phenomenon, originating from the Remiliasphere and expanding into the Hyperliquid EVM upon their launch. With a floor price of 1.2 ETH and 24 sales, Wealthy Hypio Babies have quickly captured the attention of NFT collectors, showing strong growth and promising potential.

Next, OpenSeaPro has continued to gain traction, with a volume of 28.65 ETH and a 24% increase in trading volume. This new platform is designed for pro NFT collectors, offering a higher level of optionality, selection, and control. OpenSeaPro is paving the way for NFT power users who want more from their collecting experience. With 699 sales and a floor price of 0.0417 ETH, OpenSeaPro is unlocking new possibilities and solidifying its place in the NFT space.

Lastly, Mocaverse is another exciting collection to keep an eye on. The membership NFT collection from Animoca Brands features 8,888 unique beings known as the Mocas. These NFTs, which thrive in unity, have seen a substantial 79% increase in trading volume, reaching 24.04 ETH in the last 24 hours. The floor price now stands at 2.099 ETH, and with 12 sales, Mocaverse’s growing popularity highlights its strong appeal within the NFT community and its promising future.

Best Regards,
Crypto Recorder Team

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