Investors have long been awaiting another 2017-esque bull run that shakes up the standing of the top cryptocurrencies and possibly leads some smaller altcoins to see meteoric gains that propel them up to the top of the markets.
This rally has not happened, however, and as the crypto markets face a prolonged bear market many of these altcoins have dropped virtually to zero, leading them to be delisted from exchanges.
Poloniex Delists Multiple Altcoins as Smaller Cryptos Begin Dying Out Poloniex recently announced that they would be delisting a handful of cryptocurrencies from their platform, including DigiByte, Factom, MaidSafeCoin, Omni, Primecoin, Vertcoin, and Viacoin.
Of the aforementioned tokens, DigiByte is the largest, with a $75 million market cap that makes it the 55th largest cryptocurrency. Omni is another notable cryptocurrency, as it was the very first Initial Coin Offering (ICO) and was the blockchain that spawned Tether (USDT).
As for why the crypto exchange is delisting these altcoins, Poloniex explains in a blog post that they are doing it in an attempt to “improve the performance of the exchange and to better serve our customers.”
They further go on to note that they delist certain assets from time to time in order to “provide customers with access to the most innovative projects that fuel the industry and to ensure the assets meet the high standards of our customers.”
These justifications signal that the projects being delisted may – in the eyes of Poloniex – face declining development activity, legal issues, low trading volume, or compromised network security, although the exchange does not offer specific justifications for why they are delisting each individual token.
Altcoin Purge Comes as Investors Learn That Tokens Don’t Pump in Consecutive Cycles The dwindling trading volume amongst smaller altcoins comes about as the aggregated crypto markets face a prolonged and unwavering bear market, which has all but eradicated the cyclical parabolic trends that were previously seen by many of these smaller assets.
Nic Carter, a popular figure within the cryptocurrency industry, spoke about this in a recent tweet while referencing the Poloniex purge, saying:
“Also – more eveidence that old altcoins don’t pump in consecutive cycles (with very few exceptions), they just get churned out. New alts take their place. But the net effect is investors lose,” he explained.
Also – more eveidence that old altcoins don’t pump in consecutive cycles (with very few exceptions), they just get churned out. New alts take their place. But the net effect is investors lose
— nicolas, 30 ans (@nic_carter) December 21, 2019
It is highly probable that cryptocurrency exchanges will continue delisting tokens that don’t have much engagement amongst investors, with the most favored cryptocurrencies rising to the top of the markets.
The CEO of uPlexa, Kyle Pierce recently spoke on the financial and ethical dilemmas faced by upstart altcoin projects in the crypto space. There is an unfavourable picture noted by Pierce of an industry that may have already been taken over by its worst people including hackers, scammers and any other undesirables. The CEO of uPlexa, Kyle Pierce recently spoke on the financial and ethical dilemmas faced by upstart altcoin projects in the crypto space. There is an unfavourable picture noted by Pierce of an industry that may have already been taken over by its worst people including hackers, scammers and any other undesirables.
Centralised exchanges have a ‘king’ making power, but this isn’t something that’s news to most. In fact, the CEO of DigiByte claimed that he was asked for $300,000 to get listed on the Binance platform. This was on top of being asked for about three per cent of his altcoin’s overall coin circulation.
Nevertheless, Pierce said:
The demands made of the space platform were equally as outrageous as the CEO has said.
“We’ve had offers for 50% of the premine to get listed on an exchange. 50% of our premine that’s allocated to exchange listings, marketing, hiring, founding team, core members, security audits, etc. They somehow believe that one hour of their time is worth nearly 6,000+ of our current man hours into this project.”
The CEO further said that the saturation of centralised platforms is making matters even worse with over 1,500 thousand platforms fighting for the same area. This number is increasing and increasing by the day and the desperation of it rises as relevant.
“There’s 1500+ centralized exchanges that offer the exact same service, and they’re starting to lose volume. So they artificially boost the volume and hire VA’s to go around soliciting every team member of every project in hopes to quickly make a quick buck before their watering hole dries up.”
It will be interesting to see how this plays out. For more news on this and other crypto updates, keep it with CryptoDaily!
DigiByte is a UTXO PoW network that focuses on digital payments, security, and decentralized apps. The decentralized blockchain was created by Jared Tate six years ago and has since been growing rapidly.
DigiByte prides itself on facilitating faster and cheaper transactions, unlike bitcoin. In a recent tweet, creator Jared Tate explains exactly why DigiByte is better than the OG crypto, bitcoin.
The argument about which cryptocurrency will be the next bitcoin has always prevailed in the crypto space ever since altcoins started catching on. Some altcoin creators have a penchant for making comparisons about transaction fees and speed in a bid to make a case for their pet projects.
In a recent 2-part tweet thread, DigiByte founder Jared Tate became the latest person to compare his crypto project with bitcoin. Tate pointed to the latest version of Bitcoin Core and the updated fee policy to prove his point. In particular, he noted that the new 0.19 version is now supporting slow transactions that take even a week to be confirmed, on top of being ridiculously expensive.
With DigiByte, transactions are much cheaper and it takes the blockchain approximately 2 minutes to fully confirm the transactions. Per Tate, this is why DGB is 40X faster than Bitcoin (BTC).
With the latest 0.19 version of #Bitcoin core & updated fee policy you can choose to send a TX that takes 7 days to confirm which costs more than what it costs to send a normal #DigiByte TX which confirms in 2 minutes. This is why $DGB is 40x faster than $BTC. Try it yourself. pic.twitter.com/i69G865IvM
“Seriously, who would ever send a #Bitcoin transaction that takes 7 days to confirm? Might as well go back to the banks ACH system that takes 2-5 business days. Or just use $DGB.”
Does It Really Matter? In all fairness, bitcoin’s slow transaction speed has been viewed as the chink in the asset’s armor. The fact that a single transaction can take hours or even days before it’s confirmed has led many to speculate that the crypto will not be replacing fiat any time soon unless major improvements are made. As such, bitcoin is better suited as a store of value.
DigiByte holders received this tweet with delight. For many of them, DGB is the most advanced cryptocurrency. Another Twitter user even noted that they are in Scotland and received DigiByte from Nigeria instantly.
That said, it is solely up to an investor to decide which of the two cryptocurrencies best serves their interests because the two have disparate use cases.
DigiByte is currently embroiled in the market-wide sell-off and is trading at $0.006847 at the time of publication, with almost 10% losses in the last 24 hours. Its market cap stands at $87,938,259 making it the seventieth-largest cryptocurrency on the planet.
Despite several technological advancements, most altcoins have failed to breach their previous highs. Instead, most have retraced their steps back to their yearly lows. These altcoins, strongly mimicking the price action of Bitcoin, have endured heavy losses. However, this time, not all altcoins sustained severe losses.
Cardano
On the development front, 2020 has been a good year for the Cardano ecosystem. The latest development for Cardano was IOHK’s announcement of a ‘reboot’ of the Cardano blockchain’s Byron-era codebase, paving the way for Shelley-era decentralization that will be deployed on 31st March.
On the price side, at press time, ADA was trading close to its support at $0.028, while holding a market cap of $745.6 million. Over the last 24-hours, the coin fell by 5.42%. Additionally, ADA’s 24-hour trading volume stood at $85.64 million.
Resistance: $0.044, $0.052
Support: $0.023
MACD: The MACD indicator was bullish on ADA’s near-term price movements.
Chaikin Money Flow: The CMF indicator also appeared to be heading for a much-anticipated bullish revival.
Ethereum Classic
The ETC network underwent its second block reward reduction on 16 March at a block height of 10,000,000, following which, its block reward was cut by 20% from 4 ETC to 3.2 ETC.
With respect to its price movement, ETC changed hands at $4.79 after it noted a drop of 6.54% over the last 24-hours. At press time, the coin held a market cap of $557.4 million and a 24-hour trading volume of $1.38 million.
Resistance: $7.01, $8.47
Support: $3.47
Parabolic SAR: The dotted markers below the candlesticks signaled a bullish trend for the coin.
Awesome Oscillator: AO too aligned with the bulls with its green closing bars.
Digibyte
Unlike other coins, Digibyte did not post impressive rallies at the start of 2020. Its surges remained mild. Following the sharp decline in the second week of March, the DGB token, however, paced itself after it surged for the sixth consecutive day.
In the latest development, the beta version of DigiByte’s [DGB] new website has been released for proper community assessment. The version is still in the test mode and DGB community members have been given the opportunity to report potential bugs and come up with fixes for the same.
DGB was priced at $0.0043, at press time, after it posted gains of 5.77% over the last 24-hours. Furthermore, the token registered a market cap of $56.17 million and a 24-hour trading volume of $2.20 million.
Resistance: $0.0064, $0.0071
Support: $0.0030
Klinger Oscillator: KO indicated a highly bullish phase for DGB in the offing as the signal line continued to hover well below the leading line.
RSI: The RSI also headed towards the median, depicting positive sentiment in the DGB market.
With increasing uncertainty surrounding the markets across the globe, cryptocurrencies have seen higher levels of volatility and steeper price drops. Altcoins have not been able to recover their losses after the March 12 crash and most coins continue to struggle. Bitcoin SV [BSV], Cosmos [ATOM] and DigiByte [DGB] have all endured a dip in their price in the past few days.
Bitcoin SV [BSV]
While the early parts of 2020 looked promising for the fork coin BSV, its recent price performance is rather somber. Over the past days, BSV registered a 12.4 percent drop in its price and at press time BSV has a trading value of $155. Bitcoin SV currently has a market cap of $2.8 billion and a 24-hour trading volume of $1.6 billion.
As per the 4-hour chart, there is strong support for BSV at $155 and two points of resistance at $167 and $182. Bollinger Bands are slowly expanding at the moment and imply an increase in volatility. As per the RSI indicator, BSV’s price has been in the oversold zone and is now moving away towards the overbought zone.
Cosmos [ATOM]
Earlier in the year, Binance U.S began offering staking rewards for Cosmos however not much has changed regarding the fate of this altcoin. Over the course of the last few days, the price of Cosmos has once again registered a dip of 9 percent bring the price down to $1.91. If the price were to give in to the bearish momentum and fall further the strong support at $1.70, Cosmos can rely on. However, there are also resistances at $2.03 and $2.25.
As per the MACD indicator, the same has endured a bearish crossover with the signal line hovering above the MACD line. The Stochastic indicator is currently at the oversold zone but is heading northbound at press time.
DigiByte [DGB]
DGB’s price is at $0.0041 and has a market cap of $52 million. In the past day, DGB has endured a price dip of 13.5 percent and if the price were to fall further, DGB might find support at $0.0029. On the contrary, if the bulls were to raise the price of the coin there are two crucial resistance that would have to be breached, at $0.0042 and $0.0057.
Currently, the RSI indicator is heading towards the oversold zone after having spent a considerable amount of time at the top. MACD indicator echoes a similar sentiment, as it has now undergone a bearish crossover.
While some altcoins in the crypto-market reacted positively to the momentum in the market, other alts were still trying to ward off bearish pressure.
Stellar Lumens [XLM]
Stellar Lumens, with a market cap of $815.03 million, was ranked number 13th on CMC’s chart. The coin has been fighting negative sentiments in the market for a long time now, but it was falling by 0.55% over the past 24-hours. The 24-hour circulating supply of the coin was reported to be $301.88 million.
XLM also reported negative YTD returns of -8.67%, but it managed to come back from the overbought zone. The coin was hovering in the equilibrium zone, indicating that the buying and selling pressures in the market had evened out.
Algorand [ALGO]
Algorand ranks 47th on CMC and had a market cap of $102.22 million with a 24-hour trading volume of $53.51 million, at press time. The trading price of the coin, at the time of writing, was $0.1535, while the resistance was marked at $0.1714 and the support rested at $0.1399. According to the Bollinger Bands, the ALGO market appeared less volatile as the bands had contracted, but the moving average had snuck under the candlesticks, indicating a bearish turnover.
Algorand was in the news recently after Meld Gold, Australian gold industry’s first gold-backed digital asset, announced on 1 April that it will build its platform on Algorand, as per a press release shared with AMBCrypto.
DigiByte [DGB]
DigiByte has been seeing the buyers come back to the market as it noted nine green candles on the daily chart. Even though the coin was down by 16.79%, it had been recovering over the past week, and was, at press time, was in the overbought zone, according to the Stochastic RSI indicator.
The coin was being traded at $0.0044, while the closest resistance was at $o.oo45. The support was marked at $0.003.
It has been established by now that the altcoins are recovering from their losses in March. Although they are doing so at their own pace, most alts have begun to go on an upward run. Litecoin, NEO, and DigitByte are some of these alts, with each of these coins maintaining steady support levels on their charts.
Litecoin[LTC]
The 7th ranked coin on CoinMarketCap, Litecoin started its downward run as early as 7 March, recording a drop of 51% and falling to $30.25, following ‘Black Thursday.’ However, the coin soon rose by 39% on 18 March, with LTC trending upwards since, maintaining support at $35.31.
The attached chart highlighted the formation of an ascending triangle that signaled an upward breakout. This was further confirmed by the CMF indicator.
With 133,248,297 NANO in circulating supply, Nano has been trending upwards since 18 March, maintaining the support at $5.91. Nano is also among the fastest recovering coins in the market as it rose by 49% in just 3 days post the free-fall. A look at the chart revealed a potential ascending triangle pattern, one highlighting an upward breakout.
Additionally, the MACD indicator hinted at a potential bullish crossover, further confirming the upward price breakout.
With a circulating supply of 12,996,675,081 DGB, DigiByte has been trending upwards since mid-December. However, post-Febraury 15, the coin has been on a downward run and dropped further down on 12 March [41%].
Starting on 23 March, the coin recorded an upward trend. The Awesome Oscillator hinted at an upward price breakout as it lay above the zero line with green bars.
At this time in the cryptocurrency market, it’s all about making good on lost ground, and altcoins are certainly following that motto. Leading the way is the second-largest altcoin on the market, XRP, followed along by DigiByte and Maker.
XRP
Source: XRPUSD via Trading View
In the past week, XRP has mounted six green candles, a testament to its rising price which now stands at $0.18, a move up of 33 percent, since the coin fell to $0.135 post the plummet of Black Thursday, March 12.
The recovery has been locked in a rising wedge, as the price continues to mark higher highs and higher lows. In this wedge, the coin has broken two long-standing support levels at $0.168 and $0.176, respectively; but its first real test lies at $0.182, prior to which it has formed its first red candle at press time.
Bollinger Bands for the altcoin have, after converging on April 2, opened up, a sign of increasing volatility. Further, the average is moving up but is still below the coin’s price.
DigiByte
Source: DGBUSD via Trading View
DigiByte the 61st ranked cryptocurrency on the coin market is following in XRP’s lead, forming a rising wedge of steeper proportions. Since bouncing off the support at $0.00309, the price for the altcoin has increased by a whopping 70 percent and is now trading at $0.0055.
In trading within this rising wedge, the altcoin has consistently formed green candles since 22 March, allowing it to break the support turned resistance level at $0.00520. Given the pace of the recovery, even the long-term support at $0.0083 is achievable for DGB.
MACD indicator for the altcoin looks bullish as the MACD line has moved ahead and over the Signal line and is now above 0.
Maker
Source: MKRUSD via Trading View
Maker, the ERC-20 token, backed by Ethereum has a muted wedge, almost like an upward channel, hence preventing rapid price increase. However, the chances of a correction downwards for Maker is less so than the other altcoins.
Since bottoming out at $200, MKR has managed to increase by over 56 percent and is now steadily heading for the resistance level which lies at $412.
RSI for the altcoin has been consistently rising, like its price, since March 13, and is now at 46.78 from a low of 20, three weeks ago.
At the time of writing, the crypto-market had found some modicum of stability after a few days of consistent growth and consolidation. While Bitcoin, the world’s largest cryptocurrency, had strengthened its position over the $7k mark, many of the market’s altcoins, taking the king coin’s lead, were continuing to record fresh gains. The examples of Cardano, Stellar, and Digibyte are cases in point.
Cardano [ADA]
It has been a fruitful month for Cardano. A week in which IOHK’s Charles Hoskinson announced the launch of Byron Reboot, an upgrade that is meant to enable a seamless transition to the Shelley era of Cardano’s ecosystem, the altcoin continued to record new and further gains. At the time of writing, ADA had recorded a growth of over 32% in its value in just 10 days. It must be noted, however, that the general health and movement of the larger market did contribute to Cardano posting these gains.
After a period of brief surges, it would seem that Cardano was ready to mellow down and consolidate its position below its resistance of $0.0399, something confirmed by the Bollinger Bands contracting, at the time of writing, indicating reducing volatility in the market.
The Chaikin Money Flow indicator also highlighted the growing bullishness in the altcoin’s market, with the same presenting a picture of growing capital inflows into the ADA market.
Stellar Lumens [XLM]
The Stellar Development Foundation, the non-profit supporting XLM, has been in the news quite a lot this year. In fact, the most recent development involved the SDF’s extensive donations and efforts to fight the Coronavirus pandemic.
On the price front, XLM was doing much better in comparison to its recent past. At the time of writing, it was being traded at $0.050, with the token still a long way from breaking its resistance at $0.058. However, it must be pointed out that much of XLM’s growth was contributed to by the token’s 6 April surge.
The MACD line continued to hover above the signal line, a confirmation of the persisting bullishness in the market.
DigiByte [DGB]
Optimism has been high lately in the DigiByte ecosystem, especially after DGB surpassed the 13 billion circulating supply mark. In fact, this recent development was heralded by the creator of DigiByte Jared Tate too, with Tate claiming that DGB is “battle-hardened and proven.”
This optimism was reflected by DigiByte’s 24-hour price charts as well, with DGB having recorded a 49.28% price increase over the past 10 days. At press time, DGB was priced at $0.006, with the token well-set to breach its resistance at $0.007.
DigiByte’s staggering price movement was confirmed by the Parabolic SAR and the Awesome Oscillator as well.
At the time of writing, the cryptocurrency market was noting a sudden surge in market cap and valuation. In fact, Bitcoin, the world’s largest cryptocurrency, was recording a 5% pump in value, a pump that most of the altcoin market followed. At press time, Tezos [XTZ] was up by 4%, Monero [XMR] by 4.45%, and DigitByte [DGB] by 8%.
Tezos [XTZ]
The tenth-largest cryptocurrency on CoinMarketCap, Tezos [XTZ] has been one of the few major assets to reap some profits lately. According to its YTD returns, the coin was returning 44.19% since the beginning of 2020. Despite major falls in the market, the XTZ market had regained its lost value following the crash in March. Further, Binance’s launch of Tezos staking gave a lot of positive momentum to the market.
At press time, the coin was valued at $1.951 with its resistance marked at $2.189 and support at $1.219. However, the coin may have been entering bearish territory.
According to the Awesome Oscillator, the coin had shed its bullish momentum, with bearish momentum soon taking over. However, the trend was lacking strength, suggesting that even though there were sellers in the market, the pressure wasn’t high.
Monero [XMR]
Monero was recording a 0.58% growth in its price over the past 24-hours, with a market cap of $964.28 million. As the charts suggested, the coin was not successful in reversing bearish attacks, with the privacy coin registering losses of 15.69% in the market. XMR was being traded at $55.190, its with immediate resistance at $60.66 and support at $41.956.
The volatility in the market had reduced as the Bollinger bands appeared to converge. However, it would seem that the bulls may return as the moving average had slipped under the candlesticks.
DigiByte [DGB]
The 63rd-ranked coin on CoinMarketCap was recorded to have a market cap of $66.91 million, DigiByte has been at a loss of 10.73% since the beginning of the year. The coin noted a sudden spike in its price over the past week, however, after which it slipped. At press time, DGB was valued at $0.0051, while resistance was noted to be 0.0068, with the support at $0.0040.
Bullish signals were also reversed as the coin’s price went down. As per the MACD indicator, the MACD line was above the signal line until recently. However, with sellers in the market, the MACD line had crossed over the signal line, giving way to a bearish trend.
DigiByte’s native token, DGB, has soared by 13% , hitting a weekly high. Trading activity for the token has also surged after the protocol reportedly approved an upgrade.
According to data from crypto.news, DGB (DGB) has gone up by 13.2% in the past 24 hours. On March 25, the token has reached a new weekly high of $0.009392 following news that the community has approve the implementation of Bitcoin (BTC)’s Taproot activation in its operations.
At press time, DGB is trading hands at $0.925. Its market cap has increased alongside its price surge, currently amounting to around $162 million.
DGB is a peer-to-peer cryptocurrency and blockchain protocol that was launched in 2014. DGB tokens are usually used to facilitate payment for decentralized application and smart contract transactions on the blockchain.
The tokens can be mined through a proof-of-work consensus using computational power to solve complex mathematical problems, validating transactions, and adding them to the blockchain. DGB’s mining mechanism and scalability has been compared to earlier cryptocurrencies like Bitcoin.
Price chart for DGB in the past 24 hours, March 25, 2025 | Source: crypto.news Both DGB and BTC rely on a proof‑of‑work mechanism to secure their blockchains. While DigiByte also follows a PoW model, it employs five different mining algorithms, which are SHA‑256, Scrypt, Skein, Qubit, and Odocrypt.
DGB’s multi‑algorithm approach helps to prevent the centralization of mining power and makes the network accessible to a wider range of hardware—from ASICs to GPUs and CPUs.
At the moment, DGB’s circulating token supply is at 17.60 billion, which is around 83.8% of its total supply. Meanwhile, there is still approximately 3.40 billion DGB that can be mined or around 16.2% of its total supply.
Why is DigiByte’s token trending? The DGB token has been on the rise since the blockchain has been considering an upgrade to its system called the Taproot Activation process through the BIP-9 soft fork. So far, 95% of its blocks have indicated support for DigiByte adopting the Taproot Activation model.
According to the site, Digibyte has already begun the process of Taproot activation. However, it is not fully active yet.
Initially deployed on Bitcoin in 2021, the Taproot upgrade is a collection of protocol updates that introduce new features that change the way blockchains process transactions. With the Taproot upgrade, transactions require less data and less work as multiple signatures can be combined for verification, rather than being aggregated individually.
Additionally, it can also improve smart contract functionality on the blockchain. In Bitcoin’s case, this feature expanded on the types of transactions that could be processed through native smart contracts on the blockchain.
Another key benefit brought in by Taproot is the reduction of fees on the blockchain. The upgrade is able to streamline how data is processed, therefore cutting down on resources which leads to lower costs for users. This is one of the reasons why the upgrade is highly anticipated by the DigiByte community.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
PANews reported on February 24 that, according to Decrypt, the Arizona Senate has advanced SB 1649, proposing to establish a "Digital Asset Strategic Reserve Fund" managed by the state treasury. This would authorize the state treasurer to hold, invest in, and lend seized, confiscated, or surrendered digital assets to the state through qualified custodians or regulated exchange-traded products. The bill passed the Senate Finance Committee on February 16 with 4 votes in favor and 2 against, and was approved by the Senate Rules Committee on February 23. It will now be submitted to the full Senate for a vote.
The bill explicitly classifies Bitcoin, XRP, DigiByte, stablecoins, and NFTs as eligible assets, and uses a "cryptocurrency fair value score" to screen other eligible digital assets, based on a 1% benchmark threshold set when Bitcoin reaches $100,000 per coin. The bill emphasizes that related operations must not increase the state's financial risk. SB 1649 must first pass the Senate before being sent to the House of Representatives, and finally to the governor for signature.
Arizona is breaking the mold again with an interesting approach, at least for XRP Ripple holders. While other states are tentatively exploring Bitcoin, a bold proposal in the Grand Canyon State aims to establish a digital asset reserve fund that specifically includes XRP and DigiByte.
Supported by several lawmakers, the proposal aims to broaden the state’s holdings beyond a single dominant asset. Rather than converting these assets into dollars right away, the state would retain them with the expectation that they may provide long-term value or practical use.
The move reflects a shift in how some state governments view digital assets, considering their potential functionality alongside their role as a store of value.
XRP Price Analysis Source: TradingView DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2026
Arizona Choses XRP and DigiByte As Approved Assets Most government crypto bills follow a simple script: buy Bitcoin, hold Bitcoin. The Arizona proposal takes a different approach by expanding the range of approved assets. The legislation allows the state to hold specific digital assets, explicitly naming assets like XRP and DigiByte, in a Strategic Digital Asset Reserve.
This builds on the momentum of Arizona’s push for a Bitcoin reserve, but adds a layer of complexity by validating altcoins. The focus is often on modernizing how the state handles unclaimed property and seized assets. Rather than converting everything to inflationary fiat currency, the state keeps the asset.
XRP added to Arizona digital reserve bill. After a 4–2 committee vote, the Arizona State Legislature advanced a bill that adds $XRP as an eligible asset in the proposed Digital Assets Strategic Reserve Fund 😁 pic.twitter.com/qcDUXPeyDP
— XRPcryptowolf (@XRPcryptowolf) February 22, 2026
Why these two? It likely comes down to utility. XRP’s strategy for institutional settlement makes it a logical fit for government finance, which relies heavily on cross-border efficiency. We are already seeing major financial players move in this direction, such as Société Générale launching stablecoins on the XRP Ledger.
And DigiByte? As a decentralized, secure blockchain known for speed, legislators are probably showing they aren’t just looking at market cap. They are looking at technical merit.
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How the Reserve Actually Works An interesting part of this legislation is the funding mechanism. The reserve is largely funded by assets the state already ends up with. This includes unclaimed digital property and potentially assets seized in criminal forfeitures. Under the proposal, the State Treasurer has the authority to hold these assets rather than liquidate them.
Is it risky? Sure. Crypto is volatile. But supporters argue that holding these assets is a fiduciary duty to protect against inflation. Essentially, diversifying the state’s portfolio so it isn’t 100% exposed to the declining dollar. With strict custody standards in place, it’s less like gambling and more like modernizing the state’s savings account.
We will be watching to see if Governor Hobbs signs off on expanding these definitions further in the coming session. If Arizona succeeds here, expect other states to start adding altcoins to their balance sheets soon.
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TLDRBitcoin and the Arizona Crypto Reserve StrategyXRP and DigiByte Included in Eligible AssetsGet 3 Free Stock Ebooks Arizona lawmakers advanced Senate Bill 1649 to create a state-managed crypto reserve funded by seized digital assets. The Senate Finance Committee approved the bill in a 4 to 2 vote before sending it to the full Senate calendar. The proposed fund would hold Bitcoin, XRP, DigiByte stablecoins, and certain NFTs obtained through criminal proceedings. The Arizona State Treasurer could invest up to 10 percent of public funds in digital assets under the measure. Arizona lawmakers are advancing Senate Bill 1649 to create a state-managed digital asset reserve. The proposal would place seized cryptocurrencies under the control of the State Treasurer. The measure now awaits a full Senate vote after clearing two key committees.
The Senate Finance Committee approved SB 1649 in a 4–2 vote on February 16. Lawmakers then moved the bill through the Rules Committee and placed it on the full Senate calendar by February 24. The proposal authorizes the Arizona State Treasurer to establish a Digital Assets Strategic Reserve Fund.
The fund would hold digital assets that courts seize, confiscate, or receive through surrender in criminal cases. Lawmakers state that the fund would not rely on direct taxpayer appropriations. However, the Treasurer could invest up to 10% of public funds in digital assets under the bill.
Bitcoin and the Arizona Crypto Reserve Strategy The legislation lists Bitcoin as an eligible asset for the proposed reserve. Lawmakers cited Bitcoin’s fixed supply of 21 million coins in committee discussions. Supporters argue that this cap supports its use as a hedge against inflation.
NEW: 🇺🇸 Arizona advances legislation to create a state digital asset reserve fund from seized crypto.
📜 AZ SB1649 allows the state treasurer to hold, invest, or loan #Bitcoin, $XRP or "any other digital-only assets that confer economic, proprietary or access rights or powers." pic.twitter.com/J0eI7JPi4J
— Bitcoin.com News (@BitcoinNews) March 4, 2026
Senator Mark Finchem supports holding seized Bitcoin instead of auctioning it immediately. He said the state should benefit from potential appreciation rather than sell assets quickly. “The state should capture value for taxpayers,” Finchem said during hearings.
The bill permits the Treasurer to loan digital holdings to generate returns. However, the Treasurer must ensure that lending does not introduce added financial risk. Custody rules require multi-party governance and geographically distributed data centers.
Governor Katie Hobbs has vetoed similar digital asset proposals in the past. She cited volatility as a concern in prior veto letters. SB 1649 must pass the full Senate before it can reach her desk.
XRP and DigiByte Included in Eligible Assets The bill names XRP and DigiByte alongside Bitcoin as approved assets. Lawmakers also included stablecoins and non-fungible tokens within the eligible categories. The measure does not limit holdings to a single blockchain network.
Arizona has built legal frameworks for digital assets over the past year. In May 2025, HB 2749 allowed the state to retain unclaimed digital assets in native form. The law prevented automatic conversion of abandoned crypto into cash.
Separate legislation seeks to exempt cryptocurrency from state property taxes. Lawmakers have also addressed crypto ATM fraud through new compliance rules. Operators must provide full refunds to defrauded first-time customers.
The new ATM rules also cap daily transactions for new users at $2,000. Lawmakers said the cap aims to reduce fraud exposure. The provisions operate independently from SB 1649.
Law enforcement agencies often use forfeiture proceedings to seize digital assets. Victim restitution holds legal priority over agency claims in criminal cases. In crypto matters, victims may claim the actual digital assets taken.
Texas and Connecticut have enacted laws addressing criminal forfeiture of digital assets. South Dakota advanced SB 43 to define cryptocurrency as a seizable asset. New Hampshire remains among seven states pursuing strategic reserve legislation as of early 2026.
SB 1649 now stands on the Arizona Senate calendar for a full floor vote. Lawmakers have not scheduled a final vote date. The bill requires majority approval before it proceeds further in the legislative process.
With the rise of data breaches, fraud, and identity theft, a growing number of projects are using blockchain technology for file and identity validation. Digital files are quite easy to tamper with, as Craig Wright recently demonstrated in his court battles with the Kleiman estate.
Now a number of projects are using distributed ledgers as immutable records for important data. We’ve previously reported on Factom, which secures data on the Bitcoin blockchain, as well as Roger Ver’s Bitcoin Cash notary tool.
The details vary, but the model is the same: each file is used to generate a unique digital fingerprint, or hash, which is then saved on the blockchain. Since the odds of two files sharing a fingerprint are astronomically low, the presence of a correct hash is undeniable proof that the document has not been altered.
And the number of tools is growing. Here are some of the other entrants to the space:
BlockNotary Touting its “proof-of-existence” technology, BlockNotary allows users to upload digital content from their mobile devices with a Timestamp. Each file is stored on the Interplanetary File System, with a hash uploaded to Bitcoin’s mainnet or testnet.
This immutable ledger reduces the risk of copyright infringement for product users by proving ownership and identity. The technology also enables blockchain-verified video interviews, assuring fraud prevention and remote identity verification.
BlockNotary’s Journal application has the potential to be useful for legal applications, as it “replaces the paper notary journal for recording notary acts.”
Notarization via the Journal is secured with end-to-end encryption, timestamped, and protected for authenticity. BlockNotary is a strong advocate for the usage of blockchain authentication in legal situations, with Vermont State Law recognizing the utility of the tool, along with a number of other states.
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Acronis Acronis has been around for some time as a “global leader in hybrid cloud backup and data protection.” In their latest move, the project is using blockchain technology in an effort to “protect any data in any industry.”
The company proposes a range of use-cases, including court documents, medical records, security camera footage, or long-term archiving.
Acronis uses the Ethereum blockchain for its notary functions. Users upload each file to a repository, where a fingerprint of the file is stored as a hash on the Ethereum blockchain. As the Acronis website explains, “Authenticity of a stored file can be independently checked with the information contained in the corresponding certificate.” Because of the “known transparent algorithm,” the website argues, “you do not need to trust any person or entity to verify this information.”
Users can even test out the technology, notarizing a file by dragging and dropping it into the web browser demo.
source: notarystorage.acronis.com V-ID V-ID has been making major progress in recent months, both developmentally and in terms of market adoption. The VIDT token experienced massive growth, rising from a steady seven cents USD in previous months to more than 50 cents in late June before cooling off to the low 20’s.
The token was first launched on a select few exchanges, but is now expanding its availability, most notably on the new Binance DEX.
source: coinmarketcap.com Whereas other tools save data to a single blockchain, V-ID uses several different ledgers to increase security many times. At present, VIDT operates as a hybrid token on Bitcoin, Ethereum, DigiByte, Hyperledger, LTO Network, and, as of this month, Binance Chain.
The project proposes a wealth of use-cases, from the verification of diplomas and certificates, to the authentication of digital media files and accounting records. Using the V-ID system, the alteration of a single pixel could demonstrate the difference between a Photoshopped image and the original.
Also useful on a smaller-scale level, V-ID can be used for a variety of interesting applications. The V-ID website suggests a few more possibilities, such as countering diploma fraud.
“After [diploma] validation, graduates can copy, rename, print or send a diploma like any file. Recipients can check the integrity of the validated content, whether it is digital or printed, in 5 seconds,” the site explains. Business invoices can be validated by merchants and verified by customers to prevent fraudulent charges.
The V-ID project already claims a number of high-profile customers, including JWC Superyachts, Vitrumnet, and the educational institution, HBO Drechtsteden. Most impressively, the project also counts Airbus Space & Defense among its clients, although this could not be independently verified.*
More recently, V-ID announced a partnership with AmSpec, an oil and gas inspection company that produces more than 50,000 inspection reports on a monthly basis. In this case, there’s no question of accuracy: the partnership is demonstrated by the V-ID window on AmSpec’s website:
Each of these projects has a long way to go in terms of adoption. But the presence of a trustless means of verifying authenticity on an immutable ledger means that blockchain notaries won’t disappear anytime soon.
*An email to Airbus was not returned at the time of publication.
Disclosure: This article was edited by Darren Kleine. For more information on how we create and review content, see our Editorial Policy.
Binance, one of the world’s leading crypto exchanges, has announced its intention to delist specific margin trading pairs involving Bitcoin (BTC). This move, slated for July 8, 2024, affects both cross and isolated margin trading pairs. Other affected cryptocurrencies include DigiByte (DGB), Alien Worlds (TLM), and Voxies (VOXEL).
Details On Latest Binance Delisting Moreover, this delisting specifically affects DGB/BTC and TLM/BTC in both categories with Bitcoin as the quote currency. Meanwhile, VOXEL/BTC pair will be removed from the isolated margin category. In a notice issued to its users, Binance specified that at 06:00 a.m. UTC on Sunday, July 7, 2024, the platform will suspend isolated margin borrowing on these isolated margin pairs.
Moreover, following this, at 06:00 (UTC) on July 8, 2024, Binance Margin will automatically close users’ positions. Thereafter, it will conduct settlements and cancel all pending orders on the affected trading pairs. Once this process is completed, these pairs will be permanently removed from margin trading on the platform.
The crucial aspect of this announcement is the role of Bitcoin as the quote currency in these pairs. In the trading world, the base currency is the first currency listed in a pair, and it is the commodity being bought or sold. The quote currency, in this case, Bitcoin, is the currency in which the base currency is priced. Hence, this means that users were trading DGB, TLM, and VOXEL, with Bitcoin as the measure of value.
This delisting decision impacts traders who prefer Bitcoin as the standard measure for their trades. It represents a significant adjustment for those who use Bitcoin’s relatively stable value as a benchmark against other, more volatile cryptocurrencies. By delisting these pairs, Binance potentially reduces the flexibility for users to trade lesser-known tokens against Bitcoin.
Also Read: Binance Labs Leads Major Funding Round For Bitcoin Wallet UniSat
Exchange’s Advise To Users For Avoiding Potential Losses Moreover, Binance advised its users to take necessary actions before the delisting process begins. The platform recommended that users close their positions and transfer their assets from Margin Wallets to Spot Wallets before the cessation of margin trading at 06:00 p.m. UTC on July 8, 2024. In addition, Binance emphasized that it would not be responsible for any potential losses incurred due to these changes, urging users to act promptly.
Despite the delisting, Binance assured users that the affected assets, DGB, TLM, and VOXEL, could still be traded on other available pairs within the Binance Margin platform. This implies that while the direct trading pairs with Bitcoin are being removed, there are still alternative avenues for trading these assets.
This move is part of Binance’s ongoing efforts to optimize its trading platform, ensuring a streamlined and efficient trading experience. The exchange continually reviews its product offerings to align with market demands and regulatory requirements. Moreover, it aims to provide the best possible service to its users worldwide. Thus, it regularly announces removal of pairs that lack in liquidity, market interest, and other factors.
Also Read: Binance Announce Delisting Of Key Crypto Pairs, Brace For Market Impact
Blockchair has announced the support of 24 new blockchains into its platform, significantly enhancing its multi-blockchain explorer and professional tools offering.
This expansion includes prominent names such as Solana, Base, TRON, Arbitrum One, Polygon, Polygon zkEVM, Linea, Optimism, TON, Beacon Chain, Aptos, Avalanche, DigiByte, Fantom, Handshake, Moonbeam, Peercoin, Polkadot, Sei EVM, and XRP Ledger, but also upcoming Layer 2s on Bitcoin such as BOB, Botanix, Rootstock, and Liquid Network.
‘Blockchair has historically been a Bitcoin and UTXO-chain explorer. Our expansion into the Bitcoin Layer 2 ecosystem feels nothing but natural and we’ll keep adding more and more upcoming Bitcoin Layer 2s.’
Nikita Zhavoronkov – CEO & Lead Developer at Blockchair
The addition of these 24 blockchains brings unique capabilities and features to Blockchair’s already robust platform. This integration sets Blockchair apart from other block explorers by providing a unified interface to explore data across 42 popular chains. Users can now seamlessly access and analyze data from multiple blockchains, benefiting from enhanced user experience and functionality.
Alongside this expansion, Blockchair has also unveiled a comprehensive platform redesign aimed at improving user experience and accessibility.
New design with AI Assistant The redesigned platform boasts lightning-fast performance and a modern, clean interface that simplifies navigation and improves accessibility. Key enhancements include intuitive navigation and distinct sections dedicated to Bitcoin, Ethereum, and other ecosystems. Additionally, the Blockchair AI Assistant is introduced to help users interpret and understand on-chain data effectively and get professional support.
‘Since 2016 we have received lots of similar questions from crypto users related to their on-chain transactions, and there is fundamentally no real-time tech support for decentralized cryptocurrencies. Providing crypto users with comprehensive and, what is even more important, a safe support system – is no easy task. We have solved it. We believe AI-powered human-like interactions are the future of UI.‘
Yedige Davletgaliyev – Head of Research at Blockchair
Blockchair’s AI Assistant guides users in multiple languages through understanding on-chain data with questions such as:
How long will it take for my transaction to be processed? What can be done to speed up or revert/cancel a transaction? How to distinguish between fraudulent and legitimate advice? The AI assistant has already guided thousands of users not to send money or seed phrases to scammers, and will soon be made available for developers in the API.
Blockchair also improves its UX by expanding its offering of fiat currencies in which the data can be denominated and adding KYA/KYT scores to check transaction risk evaluation. According to the Blockchair team, the platform will continue to add support for new blockchains and work on its professional developer tools.
About Blockchair: Blockchair offers the most private search and analytics engine and a wide range of professional tools for scientists and developers of multi-currency wallets and exchanges, for 42 different blockchains. This includes APIs, PDF receipts and Wallet statements generator, Awesome Catalog of Blockchain and Crypto services, News Aggregator, Data Dumps, an anonymous portfolio tracker, and charts with blockchain and monetary data. The website is offered in 20 languages and no user data is gathered nor shared with third parties.
For more information or questions: [email protected][email protected] Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
Blockchair has announced the support of 24 new blockchains into its platform, significantly enhancing its multi-blockchain explorer and professional tools offering. This expansion includes prominent names such as Solana, Base, TRON, Arbitrum One, Polygon, Polygon zkEVM, Linea, Optimism, TON, Beacon Chain, Aptos, Avalanche, DigiByte, Fantom, Handshake, Moonbeam, Peercoin, Polkadot, Sei EVM, and XRP Ledger, but also upcoming Layer 2s on Bitcoin such as BOB, Botanix, Rootstock, and Liquid Network.
Nikita Zhavoronkov – CEO & Lead Developer at Blockchair: ‘Blockchair has historically been a Bitcoin and UTXO-chain explorer. Our expansion into the Bitcoin Layer 2 ecosystem feels nothing but natural and we’ll keep adding more and more upcoming Bitcoin Layer 2s.’
The addition of these 24 blockchains brings unique capabilities and features to Blockchair’s already robust platform. This integration sets Blockchair apart from other block explorers by providing a unified interface to explore data across 42 popular chains. Users can now seamlessly access and analyze data from multiple blockchains, benefiting from enhanced user experience and functionality.
Alongside this expansion, Blockchair has also unveiled a comprehensive platform redesign aimed at improving user experience and accessibility.
New design with AI Assistant The redesigned platform boasts lightning-fast performance and a modern, clean interface that simplifies navigation and improves accessibility. Key enhancements include intuitive navigation and distinct sections dedicated to Bitcoin, Ethereum, and other ecosystems. Additionally, the Blockchair AI Assistant is introduced to help users interpret and understand on-chain data effectively and get professional support.
Yedige Davletgaliyev – Head of Research at Blockchair: ‘Since 2016 we have received lots of similar questions from crypto users related to their on-chain transactions, and there is fundamentally no real-time tech support for decentralized cryptocurrencies. Providing crypto users with comprehensive and, what is even more important, a safe support system – is no easy task. We have solved it. We believe AI-powered human-like interactions are the future of UI.‘
Blockchair’s AI Assistant guides users in multiple languages through understanding on-chain data with questions such as:
How long will it take for my transaction to be processed?What can be done to speed up or revert/cancel a transaction?How to distinguish between fraudulent and legitimate advice?The AI assistant has already guided thousands of users not to send money or seed phrases to scammers, and will soon be made available for developers in the API.
Blockchair also improves its UX by expanding its offering of fiat currencies in which the data can be denominated and adding KYA/KYT scores to check transaction risk evaluation. According to the Blockchair team, the platform will continue to add support for new blockchains and work on its professional developer tools.
About Blockchair
Blockchair offers the most private search and analytics engine and a wide range of professional tools for scientists and developers of multi-currency wallets and exchanges, for 42 different blockchains. This includes APIs, PDF receipts and Wallet statements generator, Awesome Catalog of Blockchain and Crypto services, News Aggregator, Data Dumps, an anonymous portfolio tracker, and charts with blockchain and monetary data. The website is offered in 20 languages and no user data is gathered nor shared with third parties.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
