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Another NFT Platform Falls As Rodeo Announces Shutdown

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Rodeo, a social-focused NFT marketplace, announced it will stop operating in early March after failing to grow enough to stay viable.

The decision was shared by the team and its CEO on social channels, and users were given a short window to move their work off the site. Reports say the platform will be taken offline in stages over the next few weeks.

Shutdown Timetable And What It Means For Users

Between January 27 and February 10, Rodeo will remain fully functional. On February 10 the site will switch to read-only mode and, by March 10, it will be shut off completely.

That schedule gives creators and collectors a limited period to access their accounts, download files, and prepare transfers before trading and posting are disabled.

According to company posts, Rodeo will provide tools to help move media and metadata to other storage systems.

Migration Tools

Reports note that Rodeo plans to let users migrate media and metadata to Arweave, a decentralized storage option, and that an asset migration assistant will be offered to guide transfers from Rodeo’s smart contracts.

Those steps aim to prevent loss of on-chain references and to preserve creators’ work in a more permanent form. While migration tools ease the process, collectors should act quickly because on-chain operations still require steps outside the Rodeo interface.

Why It Happened And The Team’s Take

According to posts from CEO Kayvon Tehranian, the product won a loyal following but did not scale to the level needed for long-term survival.

The team framed Rodeo as an experiment in social collecting — rewarding creators for posting and building community rather than just for trading — but said that a small, passionate user base was not enough to fund ongoing operations. Some leadership changes were also announced alongside the shutdown news.

Total crypto market cap currently at $3 trillion. Chart: TradingView

A Broader Pattern In The NFT Market

The closure of Rodeo follows other recent platform wind-downs, most notably well-known marketplace Nifty Gateway that announced its own withdrawal and shutdown timetable this month.

The twin moves have shaken artists and collectors, who now face multiple deadlines and the task of moving assets off platforms that previously handled much of the heavy lifting.

This wave of closures is being treated as another sign that many NFT businesses are still struggling to find consistent demand.

Transfer Help And Practical Steps For Creators

Reports say Rodeo will publish guides and an assistant to help users transfer NFTs and related files. Creators should export any off-chain media and save contract addresses, token IDs, and metadata hashes.

If an NFT’s media is moved to Arweave, the token can keep its on-chain pointer while the underlying file stays retrievable for the future.

Featured image from Rodeo, chart from TradingView

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Massive Bitcoin Difficulty Cut Looms After Hashrate Loses Nearly 250 EH/s

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As an Arctic storm front batters multiple U.S. states, bitcoin mining activity across the country has pulled back sharply, with American-based operators scaling down operations to ease pressure on the power grid during a difficult stretch. As a result, Bitcoin’s network hashrate has declined notably, with current data placing total hashpower between 800 and 875 […]

Moonbirds Debuts BIRB Token on Solana at $200M FDV

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After the BIRB tokenomics dropped, the Moonbirds NFT floor slid over 30%.

Moonbirds, a popular NFT project on Ethereum, debuted its native token BIRB on Solana today, Jan. 28. The price rallied from around $0.20 to above $0.35 within the first few hours of trading and is currently trading near $0.30, up nearly 70% since it launched this morning, according to CoinGecko data.

At that price and based on the project’s tokenomics, BIRB has a fully diluted value of about $303.5 million and market capitalization of $86.5 million, already well above where a relevant Polymarket market projects the FDV will stand one day after launch — defined as 4:00 p.m ET tomorrow.

BIRB FDV one day after launch market. Source: Polymarket

The launch follows the team’s release of BIRB’s tokenomics on Tuesday, which revealed that 65% of the token’s 1 billion supply was allocated to the broader community.

Of that share, however, 27% is allocated for holder rewards, 12% for ecosystem partners, 10% for value chain incentives, 8% for liquidity, and 8% for “innovation,” what the team described as a “strategic reserve dedicated to future-proofing the ecosystem.”

The team retains 10%, while investors and advisors hold 25%.

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BIRB’s tokenomics. Source: X

Some Moonbird ecosystem NFT holders expressed frustration, mainly over the size of the token reward allocation, as well as timing issues around claiming rewards.

While Soulbound Tokens (SBTs) — which act as a claim for “nested NFTs” — are fully issued at launch, nested NFTs get their BIRB on a monthly basis over 24 months, the team outlined in a separate X post on Jan. 27.

Nesting involves a process much like staking — users deposit an eligible NFT from the Moonbird ecosystem into a “nesting protocol” to keep it from trading on the open market, and can claim BIRB token rewards for doing so.

Shortly after the tokenomics and Nesting 2.0 details were revealed, Moonbirds’ NFT floor dropped over 30% to 1.10 ETH, a level last seen in July 2025, per data from NFTPriceFloor.

“Many people are unhappy with the small share of tokens allocated to the community and with the long vesting period. I have given this a lot of thought, and it is hard not to feel disappointed seeing my NFTs lose so much value,” NFT collector X user spida wrote in a post today, referring to the drop in floor prices after the tokenomics were released.

USDD 2.0 at One: What the $1 Billion TVL Milestone Reveals

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This content is provided by a sponsor. Stablecoins were designed to be invisible infrastructure, sitting quietly in the background, enabling trading, payments and arbitrage without becoming products in their own right. Over the past two years, however, that assumption has changed. USDD 2.0 stablecoin is a clear example of this shift, showing how digital dollars […]

Lessons Learned from Switching from Python to Rust

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When I first decided to migrate our backend stack from Python to Rust, it wasn’t just about curiosity – it was born from real pain points around performance, deployment costs, and reliability under load. Python’s web ecosystem – especially FastAPI – is a joy to work with for productivity and rapid iteration. But as our traffic grew and performance ceilings became apparent, I wanted to explore what Rust could offer.

In this article I’ll share what I learned along the way: the advantages, the gotchas, and where each ecosystem still shines.

Performance Comparison: Rust (Actix-Web) vs. Python (FastAPI)

Raw Throughput and Latency

One of the first things that hit me when benchmarking was just how different the performance profiles are between Rust and Python web frameworks.

Across various independent benchmarks, Rust’s Actix-Web consistently outperforms FastAPI in raw requests per second and memory efficiency. In one community benchmark, Actix-Web handled thousands more requests per second with lower latency and far lower memory consumption compared to FastAPI.

This aligns with the broader observation that Rust’s zero-cost abstractions, and lack of a garbage collector, make it exceptionally efficient when serving HTTP at scale.

Real-World Implications

In my experience, this translated into:

  • Much higher sustained throughput in stress tests.
  • Less variability under load.
  • Lower idle memory usage compared to Python processes.

That said, benchmarks tell only part of the story: real-world bottlenecks are often database bound or network bound. For many applications, FastAPI’s performance is more than adequate, and tuning database access or caching yields greater gains than the language choice alone.

ORM Differences: Diesel vs SQLAlchemy

Switching ORM paradigms was one of the most culturally different parts of the migration.

Migrations System

In Python, we used SQLAlchemy with Alembic migrations – an approach that diffs your models and generates migration scripts automatically.

In Rust, we moved to Diesel, which takes a very different stance:

  • Migrations are written manually as explicit SQL files.
  • There is no auto-diff tooling.
  • You’re given more control – and more responsibility.

This was initially frustrating, but the discipline of writing migrations by hand led to clearer auditability and fewer surprises in prod.

Type Safety and Compile-Time Guarantees

Here’s where Diesel really changed how I think about database code: type safety at compile time.

Diesel generates Rust types based on your schema, so mismatched column names or invalid query constructs simply don’t compile. Concepts like check_for_backend and requiring explicit table_name declarations mean that entire classes of common bugs disappear before you ever run a query.

In comparison, SQLAlchemy only catches many errors at runtime. While this adds flexibility, it also means more reliance on tests for correctness.

Building and Executing Queries

Diesel’s query builder uses Rust’s type system and takes more lines of code compared to the more dynamic expressive style of SQLAlchemy – but the trade-off is that the compiler proves a lot for you.

After an adjustment period, I came to appreciate how Rust’s explicitness helps when navigating complex query logic during refactors.

Automatic OpenAPI Generation Support

One area where Python still feels ahead out-of-the-box is API schema generation.

FastAPI automatically generates OpenAPI documentation and ships with browser UIs like ReDoc and Swagger UI at /docs and /redoc, making it super easy for clients and teammates to understand and explore your API.

Rust’s ecosystem is evolving here. Tools like utoipa can generate OpenAPI specs for Actix-Web, but they feel more manual and fragmented compared to FastAPI’s seamless experience. There are community crates to serve Swagger or Redoc UIs too, but they require extra setup and annotation.

I expect this gap to continue narrowing – there are active efforts in the Rust community to bring a smoother API doc experience that rivals FastAPI’s.

Deploy Size: Compilation vs Dependencies

Rust Compilation Time

Rust’s compilation is famously slower than interpreted languages. During development, rebuilds – especially with large crates – can feel sluggish compared to rerunning a Python script.

But this cost is development time, not production time. Once compiled, Rust binaries are:

  • Fully compiled ahead of time
  • Self-contained (no virtualenv, typically no dynamic dependencies)
  • Very small footprint in container images

That makes deployments simpler and more predictable.

Python Dependency Footprint

Python apps often bring a large dependency graph: FastAPI itself, uvicorn, pydantic (now much faster thanks to Rust internals), database drivers, etc.

This increases:

  • Container size
  • Build complexity
  • Surface for dependency conflicts

Rust’s Cargo produces one binary that encapsulates everything (usually), which drastically simplifies the deploy story.

Maintainability

This was the area with perhaps the most personal growth.

Rust pushes you toward clear ownership boundaries, explicit error handling, and careful design. Once you’ve internalized Rust’s compile errors, the compiler itself becomes a strong guardrail against regressions.

In contrast, Python’s dynamism can feel effortless during early development – but that same flexibility sometimes leads to harder-to-diagnose bugs in production unless backed by a robust test suite.

Our Rust codebases have felt more resilient during large refactors, largely thanks to the compiler’s strictness.

Documentation and Developer Experience

FastAPI’s Auto Docs

FastAPI’s integration with OpenAPI, along with ReDoc and Swagger UI, makes onboarding new developers extremely easy. It’s one of the biggest wins I’ve seen in team productivity.

Rust Documentation Generation

Rust’s built-in documentation tooling (cargo doc) is phenomenal for code-level docs. It encourages writing documentation next to your code, and Rustdoc generates clean, searchable HTML documentation.

While this doesn’t replace a nice /docs endpoint out of the box, it does greatly improve code-centric documentation quality and discoverability.

Conclusion

Switching from Python to Rust for backend development wasn’t about favoring one language over the other – it was about aligning with our project’s priorities.

  • Rust gave us performance, predictability, and reliability in production traffic.
  • Python gave us speed of development and world-class ergonomics.

Both ecosystems are powerful. What changes with Rust is that many issues that would only show up at runtime in Python are instead caught at compile time in Rust, reducing surprises and outages.

Choosing Rust means investing in the learning curve – but for teams where performance and correctness matter most, the trade-off has been worth it for us.

Author Note

This article was written by the creator of Hytale Multiplayer, a website focused on technical articles and deep-dives into the game Hytale, including server development, tooling, and comparisons with related ecosystems such as Minecraft. If you enjoy practical, engineering-focused content, feel free to explore more articles there.







Gold rally, FOMC outcome And Weak DXY May Extend Crypto Market Rally

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Key points:

  • Bitcoin is facing resistance at $90,500, but a positive sign is that the bulls have kept up the pressure.

  • Several major altcoins are attempting to start a recovery, but are expected to face selling at higher levels.

Sellers are attempting to maintain Bitcoin (BTC) below the $90,500 level, but the bulls continue to exert pressure. Fundstrat managing partner Tom Lee said on CNBC that cryptocurrencies should rise on a weaker dollar, but traders have responded by continuing to pile into gold and silver. Lee suggested that crypto is likely to catch up after the gold and silver rally takes a break.

Market intelligence platform Santiment said in a post on X that social media witnessed more discussions about silver and gold compared to cryptocurrencies on most days of this month. The analysts added that retail traders seem to be open to jumping sectors “based on wherever the latest pumps appear.”

Crypto market data daily view. Source: TradingView

However, a positive sign in favor of the bulls is that February has seen only three negative monthly losses since 2013 and a median rise of 12.21%, according to Coinglass data. If history repeats, BTC may rally in February.

Could buyers push BTC and the major altcoins above their resistance levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC’s relief rally has reached the moving averages, where the bears are expected to pose a strong challenge.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

If the price turns down from the moving averages, the BTC/USDT pair may drop to the $84,000 support. Buyers are expected to defend the $84,000 level with all their might, as a close below it may sink the Bitcoin price to $80,600 and eventually to the formidable support at $74,508.

On the upside, a break and close above the moving averages opens the gates for a rally to the $94,789 to $97,924 resistance zone. A close above the resistance zone signals that the corrective phase may be over.

Ether price prediction

Ether (ETH) re-entered the symmetrical triangle pattern on Tuesday, but the recovery is facing resistance at the moving averages.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

If the price turns down sharply from the moving averages, the bears will attempt to pull the ETH/USDT pair below the $2,787 level. If they succeed, the Ether price might plunge to $2,623.

Conversely, a close above the moving averages suggests that the market has rejected the breakdown below the support line. That improves the prospects of a break above the resistance line. The pair may then march toward $3,659.

BNB price prediction

BNB (BNB) is attempting to rise above the 20-day exponential moving average ($897), indicating demand at lower levels.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

The BNB/USDT pair might reach the $928 to $959 overhead resistance zone, where the bears are expected to mount a solid defense. If buyers overcome the zone, the BNB price may start a rally to $1,020.

Sellers will have to pull the price below the uptrend line to gain the upper hand. If they manage to do that, the pair might slide to the $790 support. The bulls are expected to vigorously defend the $790 level, as a close below it may resume the downtrend.

XRP price prediction

Buyers are attempting to push XRP (XRP) above the moving averages, but the bears have held their ground.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will attempt to pull the XRP price below the $1.77 level. If they can pull it off, the XRP/USDT pair may descend to the vital support at $1.61. Buyers are expected to fiercely defend the zone between the support line of the descending channel pattern and the $1.61 level.

If buyers push the price above the moving averages, the pair may reach the downtrend line. The bulls will have to achieve a close above the downtrend line to indicate the start of a new up move.

Solana price prediction

Solana (SOL) turned up from the $117 support on Monday, but the relief rally is likely to face selling at the moving averages.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

If the price turns down from the moving averages, the bears will again attempt to sink the SOL/USDT pair below $117. If they manage to do that, the Solana price may tumble to solid support at $95.

Alternatively, a break above the moving averages opens the doors for a rally to the $147 overhead resistance. Buyers will have to clear the $147 level barrier to suggest that the corrective phase may be over.

Dogecoin price prediction

Dogecoin (DOGE) has bounced off the $0.12 support, but the relief rally is expected to face selling at the moving averages. 

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

If the price turns down sharply from the moving averages, it heightens the risk of a break below the $0.12 support. The DOGE/USDT pair may then collapse to the Oct. 10, 2025, low of $0.10.

Contrarily, a break and close above the moving averages points to a possible range-bound action in the near term. The Dogecoin price may swing between $0.12 and $0.16 for some time. A short-term trend change will be signaled on a close above $0.16.

Cardano price prediction

Cardano’s (ADA) bounce off the $0.33 level has reached the moving averages, where the bears are expected to step in.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

If the price turns down sharply from the moving averages, the likelihood of a break below the $0.33 level increases. The ADA/USDT pair may then plummet to the support line of the descending channel pattern.

This negative view will be invalidated in the near term if the Cardano price continues higher and breaks above the downtrend line. The pair may then rally to the breakdown level of $0.50, where the bears are expected to mount a strong defense.

Related: Bitcoin eyes $90K ahead of FOMC: Watch these BTC price levels next

Bitcoin Cash price prediction

Bitcoin Cash (BCH) again rebounded off the $563 support on Sunday, indicating that the bulls are aggressively defending the level.

BCH/USDT daily chart. Source: Cointelegraph/TradingView

The moving averages are flattening out, and the RSI is near the midpoint, signaling a balance between supply and demand. If the price breaks above the moving averages, the advantage will tilt in favor of the bulls. The BCH/USDT pair may then ascend to $631 and later to $670.

Sellers will have to tug the Bitcoin Cash price below the $563 level to complete a bearish head-and-shoulders pattern. The pair may then tumble to $518 and subsequently to the pattern target of $456.

Hyperliquid price prediction

Hyperliquid (HYPE) turned up from the $20.82 support on Jan. 21 and soared above the 50-day SMA ($25.50) on Tuesday, indicating solid buying at lower levels.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The moving averages are on the verge of completing a bullish crossover, and the RSI has jumped into the overbought zone, signaling that the bulls are back in the game. There is resistance at the breakdown level of $35.50, but if the buyers overcome it, the HYPE/USDT pair may ascend to $44.

Sellers will have to defend the $35.50 level and yank the Hyperliquid price below the moving averages to weaken the bullish momentum. 

Monero price prediction

Monero’s (XMR) pullback is facing resistance at the 50-day SMA ($480), indicating that the bears are selling on minor rallies.

XMR/USDT daily chart. Source: Cointelegraph/TradingView

The downsloping 20-day EMA ($512) and the RSI near the 46-level signal that the path of least resistance is to the downside. If the price slips below $445, the XMR/USDT pair may complete a 100% retracement of the latest leg of the rally and plunge to the $417 level.

Buyers will have to drive the Monero price above the 20-day EMA to indicate strength. The pair may then climb to $546. The bullish momentum is expected to pick up on a close above the $546 resistance.