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MagicEden will cease support for Ethereum and Bitcoin NFT markets, including Runes and Ordinals, as part of a strategic shift. The CEO confirmed the news regarding Ethereum and Bitcoin markets, stating that the EVM and Bitcoin APIs will be shut down by late March and early April. The company will focus on its prediction market, Dicey, and retain the NFTPack product. Resources will be redirected toward crypto entertainment, and the NFT buyback program will be discontinued. Market reports indicate a broader realignment of priorities.

MagicEden to Discontinue Support for Ethereum and Bitcoin NFT Markets, Shift Focus to Prediction Market

Ethereum news shows that U.S. ether spot ETFs recorded a net inflow of $80.2 million last week, with total net assets reaching $1.096 billion. Grayscale’s ETHE led with $40.5 million in inflows. In Ethereum ecosystem news, bitcoin spot ETFs saw $787 million in net inflows, driven by IBIT, GBTC, and BITB with $503 million, $89.4 million, and $68.3 million respectively.

U.S. Bitcoin Spot ETFs See $787M Net Inflow, Ethereum ETFs Add $80.2M

Value investing in crypto is under pressure as global liquidations reached $383 million in 24 hours. Short positions lost $256 million, with Bitcoin leading at $194 million. Ethereum followed at $98.51 million. Over 87,431 traders were liquidated, with Hyperliquid’s BTC-USD pair recording a $13.33 million loss. Technical analysis remains crucial for timing crypto market moves.

Global crypto liquidations reach $383M in 24 hours, short positions hit hardest

Bitcoin news reports that the cryptocurrency has posted five straight months of double-digit losses in 2026, with February ending at a 15% drop, pushing the price to $65,000–$66,000. Bitcoin analysis shows it hit a 15-month low of $60,000 in early February, its weakest since October 2024. Ethereum saw six consecutive monthly declines, with a 19.6% fall in February alone.

Bitcoin Posts Fifth Consecutive Month of Double-Digit Losses in 2026

Bitcoin ETFs saw $254.4 million in ETF inflows on February 26, with BlackRock’s IBIT leading with $275.8 million. Fidelity’s FBTC and ARK’s ARKB faced outflows, but the three-day total hit $1.02 billion. Ethereum ETFs added $6.6 million, while Solana ETFs gained $0.5 million. XRP ETFs recorded +848.59K XRP in inflows, showing niche interest.

Bitcoin ETFs Log $254M Inflows as Three-Day Total Surpasses $1B

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