Author: Benjamin Lee
A widely followed analyst and trader who accurately predicted the Bitcoin (BTC) bottom in 2018 is highlighting one crypto asset that could go up by triple-digit percentage points. The trader pseudonymously known as Bluntz tells his 321,100 followers on the social media platform X that dogwifhat (WIF), a memecoin built in the Solana (SOL) ecosystem, could go up by about 472% to reclaim and surpass the all-time high recorded in March of 2024. “Still a lot of work to put in and need to see price action confirm, but I think there’s a very real chance a new impulse back…
An artificial intelligence (AI)-based altcoin is faltering after gaining support from the world’s largest crypto exchange platform by trading volume. In a new announcement, Binance says that it is adding support for Sahara AI (SAHARA), a decentralized AI platform that enables users to develop and monetize AI models, datasets and applications. “Binance is excited to announce that Sahara AI will be added to Binance Simple Earn, ‘Buy Crypto,’ Binance Convert, Binance Margin, and Binance Futures.” News of the addition had a negative impact on the price of SAHARA, as the digital asset went from a peak of $0.141 earlier today…
A US judge doesn’t think Ripple should get to walk back the civil penalty from its XRP lawsuit just because the new leadership regime at the U.S. Securities and Exchange Commission (SEC) now sides with the payments firm. Ripple and the SEC first filed a joint request in May for an “indicative ruling” to see whether District Judge Analisa Torres would be open to vacating the firm’s previously assigned $125 million civil penalty and reducing it to $50 million. Indicative rulings can be filed when a previous judgment is pending with an appeals court, but parties want to see if…
The banking titan JPMorgan is piloting a US dollar-backed permissioned deposit token on the Ethereum (ETH) layer-2 scaling solution built by the American crypto exchange Coinbase. In a statement, Coinbase says that JPMorgan is launching the token called JMPD on Base through its blockchain business unit Kinexys. “These are USD-denominated and backed 1:1 by deposits—combining the programmability of on-chain finance with the trust and compliance that regulated financial institutions require.” JPMorgan is launching the token to take advantage of global on-chain payment rails. The financial behemoth is joining over 200 banks, brokers, fintechs and payment providers that tap on the…
Chainlink and Mastercard are collaborating to enable over 3 billion cardholders to buy crypto onchain LINK rose 11% amid the Mastercard partnership and broader crypto optimism Chainlink’s growth in the tokenised assets market continues. Chainlink’s native token, LINK, soared 11% today, buoyed by a groundbreaking partnership with Mastercard. While gains mirrored broader crypto market upside, the news that Chainlink and Mastercard are looking to bring direct crypto purchases to over 3 billion cardholders added to the upbeat sentiment around LINK. Chainlink and Mastercard partner As with many other similar collaborations, this one between Chainlink and Mastercard marks a significant step…
SUI price surged 15% to $2.91, rebounding from a weekly low of $2.29. Gains align with a broader crypto market recovery driven by improved investor sentiment and easing geopolitical tensions. SUI could break above $3 and potentially eye a new peak, or dip to support near $2. The SUI token, native to the Sui layer-1 blockchain, has soared by more than 15% in the past 24 hours, with gains to highs of $2.91 coming amid a lift in crypto market sentiment. Notably, Sui’s uptick halts a month-long decline that pushed the token from highs of $3.80 to its lowest levels…
Aptos price rose to highs of $5.07 as trading volume jumped 189% to over $643 million. Data shows Aptos stablecoin supply nearing $1.2 billion. Aptos Labs and Jump Crypto have introduced Shelby, a decentralized storage protocol, enhancing Aptos’ appeal for web3 applications. The Aptos blockchain, a leading Layer-1 platform, has seen its native token, APT, experience a significant price surge. As Bitcoin recovered to above $106k, APT price climbed nearly 17% in the past 24 hours to highs of $5.07. Trading volume increased 189% to $643 million. The uptick in APT price coincides with the platform’s stablecoin supply approaching an…
Centrifuge price hovers near $0.20 as the real-world asset (RWA) project gets a fresh boost. Interest in Centrifuge’s innovative RWA Launchpad has attracted institutional backing, with $1 billion allocated to a tokenized product on the platform. CFG price could eye bounce to $0.5, highs last seen in December 2024. Centrifuge (CFG), a real-world asset (RWA) tokenization platform, trades at a key level as recent gains see a bullish technical formation. While CFG has pared gains seen earlier in the week, which came amid a 400% spike in volume on June 25, Centrifuge looks largely poised for a breakout. Interest in…
Euler Finance price up 27% in 24 hours as daily volume spikes 236%. Bulls could eye a new all-time high, with EUL price currently hitting $11. Gains have come amid a surge in EulerSwap volume. Euler (EUL), the native token of the Euler Finance ecosystem, has risen by 27% within the past 24 hours. This uptick coincides with an explosive increase in trading volume on EulerSwap, the platform’s decentralized exchange, which has recorded a cumulative volume of $230 million in just three weeks despite remaining in beta. Notably, EUL’s gains see it hover above $11 and bulls could have their…
USDT supply on TRON has surpassed $80 billion, accounting for over 50% of circulating USDT. TRX price is currently at $0.27, but could rise to $0.44 in the short term amid bullish momentum. ETFs, partnerships, and network growth are likely catalysts for TRON price. TRON (TRX) price is down on the day, but the blockchain project is making headlines elsewhere as the supply of Tether’s USDT on its blockchain has surpassed $80 billion. The native Tron token TRX traded at $0.27 on Friday, June 27, with CoinMarketCap showing the price was down under 1%. Intraday highs for the altcoin range…