Author: James Wilson
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI, priced at just $0.007, is drawing attention as a potential challenger to Ripple with bold $5 predictions for 2025. There’s a new altcoin at $0.007 preparing to challenge Ripple (XRP) with a $5 target in 9 months. Lightchain AI, having raised over $17.9 million in its presale, is quickly gaining investor attention for its unique combination of artificial intelligence and blockchain technology. With its scalability, real-world applications, and growing market interest, experts predict that Lightchain AI could…
BlackRock has launched its first Bitcoin ETP in Europe, marking its debut in crypto-linked ETPs outside North America, with a temporary 10 basis point fee waiver. American financial giant BlackRock is stepping into the European crypto market with its first Bitcoin exchange-traded product, which will trade under IB1T on Xetra and Euronext Paris and as BTCN on Euronext Amsterdam, marking its expansion beyond North America. According to a Bloomberg report on Tuesday, March 25, the so-called iShares Bitcoin ETP (IB1T) will launch with a temporary fee waiver of 10 basis points, reducing its expense ratio to 0.15% until the end…
In the past 24 hours, CryptoPunks have seen a flurry of buying activity as its floor price climbs to 42 ETH per NFT. According to data on its official site, the Yuga Labs-backed NFT collection has seen 19 sales of its unique pixelated avatar heads in the past 24 hours. The recent surge in CryptoPunks buyer activity has brought the number of transactions up by 18.75%, bringing the NFT collection to the second largest spot, according to data from CryptoSlam. So far, the top purchase in the past 24 hours is CryptoPunk #2301, showcasing an avatar with an eyepatch and…
Ethereum scaling solution Soneium has integrated interoperability framework Hyperlane, enabling its developers to build cross-chain dApps and token bridges. Hyperlane has launched on Soneium (SONY), an Ethereum (ETH) layer-2 blockchain founded by Sony Group Corporation and Startale. The integration with Hyperlane is instrumental for Soneium’s goal of empowering its developers with third-party tools that facilitate building and launching dApps. With Hyperlane’s cross-chain interoperability, developers on Soneium will be able to create cross-chain apps and token bridges, enabling them to connect Soneium with other blockchains and unlock a wider range of possibilities for their projects. This development comes on the heels…
XRP’s price saw a 13% surge after the SEC dropped its case against Ripple Labs, potentially triggering optimism for future ETF approvals and a rise in market activity. Ripple Labs’ XRP (XRP) has recently overtaken Solana (SOL) in spot trading, now regularly grabbing more than 50% of the volume, a big shift from when SOL used to dominate with 70-80%. With the legal battle no longer hanging over XRP, odds of an ETF approval in 2025 have climbed on prediction markets, analysts at blockchain analytics firm Kaiko note. Polymarket data on Ripple ETF approval odds | Source: Polymarket According to…
Following an alleged breach of contract by a market maker, Movement Network has initiated a $38 million buyback program for its MOVE token. In a Mar. 24 statement on their official blog, the Movement Network Foundation revealed that Binance had warned them about the problem earlier this month. The market maker had been selling huge amounts of Movement Network (MOVE) without supplying the agreed-upon liquidity on the MOVE/USDT pair. The foundation was unaware of the market maker’s activities and cut ties upon discovery. The team has been working with Binance to recover funds. Using the $38 million in Tether (USDT) that…
Crypto.com has ignited community outrage by re-minting 70 billion Cronos tokens as ZachXBT slammed the move and questioned Truth Media’s decision to partner with the exchange, a partnership that is now driving CRO’s 30% surge. In his recent post on X, on-chain sleuth ZachXBT slammed Crypto.com for reissuing 70 billion Cronos (CRO) tokens—previously burned in 2021—restoring the total supply of CRO back to its original amount of 100 billion tokens. The decision to reissue the tokens was determined by a governance vote, where 77.97% of participants voted against it, while only 11.86% supported it. However, since that 11.86% controlled 70-80%…
YOAKE and OpenSea will be launching an NFT collection based on the hit anime series ‘The Seven Deadly Sins,’ available on the Soneium blockchain for fans and collectors. According to a press release sent to crypto.news, the NFT collection titled “YOAKE & The Seven Deadly Sins Anime Series” is available exclusively on the OpenSea NFT marketplace. Traders can begin minting the anime NFTs from March 25 at 5:00 AM GMT. Each NFT is valued at 0.002 ETH (ETH) or equal to around $4.12 and is available for minting on Sony’s Layer 2 blockchain, Soneium. Users can mint an unlimited amount…
Standard Chartered analysts say Ethereum is going through a “midlife crisis,” with ETH struggling to hold around $2,000. Ethereum (ETH) has seemingly stuck in limbo as it’s giving away its value for free to layer-2 networks while struggling to keep investors interested. The world’s second-largest cryptocurrency by market capitalization has dropped 40% in the past three months, with Standard Chartered analysts now saying the network if facing “midlife crisis.” In an interview with the Financial Times, Standard Chartered’s head of digital assets research Geoff Kendrick said the network “gave away value for free” as with layer-2 networks Ethereum has “essentially…
Bankrupt exchange Mt. Gox has transferred 11,501 BTC, worth around $1.01 billion, in its third major transaction this month, alongside a Kraken exchange test transfer. Blockchain analytics firm Arkham Intelligence flagged the movement of funds from Mt. Gox’s wallet on Mar. 25. The transactions included 893 Bitcoin (BTC) (about $78 million) sent to a new address and 10,608 BTC (around $929 million) moved to another Mt. Gox-controlled wallet. In addition, 0.000017 BTC was sent to Kraken possibly as a test transfer. Mt. Gox transfers. Credit: Arkham Intelligence Many speculate this could be related to upcoming creditor repayments. This follows two…