Author: James Wilson

Cardano price is slowly forming a popular bullish pattern, pointing to a strong bullish breakout in the next few months or weeks. Cardano (ADA), a popular proof-of-stake coin, remains in a bear market after plunging by almost 50% from its highest level in November. However, some on-chain data and technical indicators point to a strong bullish breakout in the coming weeks or months. Santiment data shows that the Mean Dollar Invested Age, or MDIA has continued rising in the past few months. The 180-day MDIA indicator has jumped to 10.68, up from minus 3.2 in February.  Similarly, the 2-year MDIA…

Sonic token has crashed into a bear market even as its decentralized finance ecosystem surges to a record high. Sonic (S) price was trading at 50 cents on Saturday, down by about 50% from its all-time high. This drop has led to a big drop in its market cap from $2.8 billion in February to 1.48 billion. Sonic’s crash occurred even as its DeFi ecosystem continued to do well. DeFi Llama shows that the total value locked in its ecosystem jumped to a record high of $860 million this week. The TVL jumped to 1.7 billion in Sonic terms.  Notably,…

The third week of March 2025 brought a major crypto exchange expansion as Kraken completed its $1.5 billion acquisition of NinjaTrader. Meanwhile, MoonPay secured $200 million for its payment infrastructure. According to Crypto Fundraising, the week’s funding reached over $2 billion. The week’s funding has seen a jump toward trading tools, storage solutions, and payment infrastructure. NinjaTrader, $1.5 billion Acquired by Kraken for $1.50 billion. The M&A deal will expand Kraken’s trading analytics capabilities. Building finance and trading infrastructure. Developing analytical trading tools. https://twitter.com/krakenfx/status/1902677547730772476 MoonPay, $200 million Moonpay received a $200 million revolving credit line from Galaxy, a crypto-focused financial…

Bounce has gone parabolic in 2025, making it one of the best-performing cryptocurrencies in the market. Over the last six consecutive weeks, Bounce (AUCTION) moved to a high of $67.55 — its highest level since October 2021. It has jumped by over 712% from its lowest level this year, bringing its market cap to over $380 million.  The surge has accelerated as many retail investors embraced the fear of missing out or FOMO. Santiment data shows that the number of active addresses has gone parabolic, reaching a high of 1,505. This is a significant increase since the seven-day addresses stood…

The NFT market has continued its downward trend despite minimal crypto price recovery, with Bitcoin nudging up to $84,000 and Ethereum holding steady at $1,900. The global crypto market cap has moved up to $2.77 trillion from last week’s $2.73 trillion. According to CryptoSlam data, NFT sales volume has fallen to $100.9 million, marking a 5.34% decline from the previous week. Despite the sales drop, market participation metrics show strong growth in both buyers and sellers. The weekly metrics reveal: NFT sales volume fell to $100.9 million from $99.1 million NFT buyers climbed 70.97% to 350,146 NFT sellers rose 68.57%…

My parents once dismissed Bitcoin as “made-up internet money”, yet they are increasingly asking me how to gain exposure to the digital currency. The launch this week of a 2x long Coinbase ETF is the latest example of how Wall Street recognizes demand from traditional equity investors. Owning crypto outright is out of the question for my parents and is likely the case for many others. But, investors are hungry for exposure from Wall Street. In 2022 I recommended buying the first ever Bitcoin ETF (Purpose Bitcoin ETF) and in mid-2024 I suggested buying shares of Robinhood. Both turned out…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Cryptocurrency and blockchain continue to captivate with promises to revolutionize finance, culture, and now philanthropy. In 2024, digital currency donations surpassed $1 billion, as reported by The Giving Block, fueled by a booming crypto market and clearer regulations. However, the true significance lies not just in the figure but in what this phenomenon reveals about our societal values.  Crypto philanthropy reflects our trust in technology, our skepticism towards traditional institutions, and our evolving understanding of generosity. Does…

Key Takeaways  Both companies have notified regulators in Dubai about the ongoing discussions, as Deribit holds a key operational license there Deribit, currently valued between $4 billion and $5 billion is an important player in the space Coinbase is reportedly in advanced talks to acquire Deribit, the world’s largest Bitcoin and Ethereum options trading platform. The potential deal, if finalized, would significantly expand Coinbase’s presence in the global crypto derivatives market, a sector that has grown substantially in trading volume over recent years. Reportedly, both companies have notified regulators in Dubai about the ongoing discussions, as Deribit holds a key…

Key Takeaways The decision to lift the sanctions comes after a legal battle initiated by six Tornado Cash users, with financial backing from Coinbase The plaintiffs argued that OFAC had overstepped its authority in blacklisting the platform The U.S. Treasury Department has lifted sanctions on Tornado Cash, a crypto mixer previously blacklisted for its alleged role in laundering funds. A crypto mixer is used to obscure the origin and destination of the funds, and then redistributes them to new addresses. Tornado Cash was sanctioned in 2022 by the Treasury’s Office of Foreign Assets Control (OFAC), which claimed that the platform…

Key Takeaways As part of the measures, BaFin has frozen the company’s asset reserves, restricted executive access, and barred new client onboarding.  However, the regulator has clarified that secondary market trading of USDe will not be affected Germany’s financial regulator, BaFin, has imposed strict measures on Ethena GmbH, preventing the company from offering its USDe token to the public.  The enforcement action follows a probe that revealed regulatory violations, including the distribution of financial instruments without proper authorization. As part of the measures, BaFin has frozen the company’s asset reserves, restricted executive access, and barred new client onboarding. Ethena GmbH,…