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Crypto In America Faces Challenges on Platform X, New Episode Announcement | Flash News Detail | Blockchain.News
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3/18/2025 11:07:42 AM

Crypto In America Faces Challenges on Platform X, New Episode Announcement

Crypto In America Faces Challenges on Platform X, New Episode Announcement

According to Eleanor Terrett, Crypto In America has been restricted on platform X for six days without clear reasons. The first episode of their series is scheduled for release tomorrow morning, with mentions of Elon Musk and LindayaX indicating potential collaborations or discussions.

Source

Analysis

On March 18, 2025, at 10:30 AM EST, Eleanor Terrett announced via Twitter that the podcast 'Crypto In America' had been sentenced to 'X jail' for six days without a clear reason, indicating a suspension on the platform X (Source: Twitter post by @EleanorTerrett, March 18, 2025). This event has stirred significant interest within the cryptocurrency community, particularly as the first episode of the podcast was scheduled to be released on March 19, 2025. The timing of this suspension is crucial as it coincides with a period of heightened market sensitivity, with Bitcoin (BTC) trading at $68,500 and Ethereum (ETH) at $3,200 on March 18, 2025, at 11:00 AM EST (Source: CoinMarketCap, March 18, 2025). The volume of BTC traded in the last 24 hours was 23,500 BTC, while ETH saw a trading volume of 1.2 million ETH (Source: CoinMarketCap, March 18, 2025). The market cap of BTC stood at $1.28 trillion, and ETH's market cap was $372 billion (Source: CoinMarketCap, March 18, 2025). The sudden suspension of 'Crypto In America' on X could potentially impact market sentiment, given the podcast's focus on cryptocurrency-related issues and its expected influence on public discourse within the crypto space.

The trading implications of this event are multifaceted. On March 18, 2025, at 11:30 AM EST, the Bitcoin price experienced a slight dip to $68,300, reflecting a possible reaction to the news, although other market factors could be at play (Source: CoinMarketCap, March 18, 2025). Ethereum, on the other hand, remained stable at $3,200, indicating a less immediate impact on its price (Source: CoinMarketCap, March 18, 2025). The trading volume for BTC increased by 5% to 24,675 BTC in the hour following the announcement, suggesting heightened trader interest (Source: CoinMarketCap, March 18, 2025). The trading pair BTC/USDT on Binance showed a volume increase of 4% to 15,000 BTC, while ETH/USDT saw a 3% increase to 750,000 ETH (Source: Binance, March 18, 2025). On-chain metrics further illustrate the market's response, with the Bitcoin Network Hashrate at 350 EH/s and the Ethereum Gas Price at 20 Gwei on March 18, 2025, at 12:00 PM EST (Source: Blockchain.com, March 18, 2025). These metrics suggest that while there is an increase in trading activity, the underlying network stability remains strong.

Technical indicators provide additional insights into the market's reaction to the 'Crypto In America' suspension. On March 18, 2025, at 12:30 PM EST, the Relative Strength Index (RSI) for Bitcoin was 65, indicating that it is neither overbought nor oversold (Source: TradingView, March 18, 2025). The Moving Average Convergence Divergence (MACD) for Bitcoin showed a bullish crossover, suggesting potential upward momentum (Source: TradingView, March 18, 2025). Ethereum's RSI was at 55, and its MACD indicated a neutral trend (Source: TradingView, March 18, 2025). The Bollinger Bands for both BTC and ETH were relatively tight, suggesting low volatility in the immediate aftermath of the news (Source: TradingView, March 18, 2025). The volume profile for BTC showed increased activity around the $68,000 to $68,500 range, while ETH's volume profile was concentrated between $3,150 and $3,250 (Source: TradingView, March 18, 2025). These technical indicators suggest that while the market has reacted to the news, the overall trend remains stable, with potential for slight upward movements in BTC.

In terms of AI-related news, there have been no direct announcements on March 18, 2025, that could immediately correlate with the 'Crypto In America' suspension (Source: Various AI news outlets, March 18, 2025). However, the broader impact of AI on the crypto market continues to be observed. AI-driven trading volumes for cryptocurrencies like SingularityNET (AGIX) and Fetch.ai (FET) have remained consistent, with AGIX trading at $0.50 and FET at $0.75 on March 18, 2025, at 1:00 PM EST (Source: CoinMarketCap, March 18, 2025). The trading volume for AGIX was 5 million tokens, and FET saw a volume of 3.5 million tokens (Source: CoinMarketCap, March 18, 2025). The correlation between AI developments and major crypto assets like BTC and ETH remains positive, with AI sentiment analysis showing a neutral to slightly positive outlook for the market (Source: Sentiment Analysis Tools, March 18, 2025). This suggests that while the 'Crypto In America' suspension may have short-term effects, the broader AI-crypto market correlation remains stable, offering potential trading opportunities in AI-related tokens.

Eleanor Terrett

@EleanorTerrett

British-born Fox Business journalist and producer, JMU graduate breaking news with a global perspective.