Author: James Wilson

Bitcoin, altcoins, and the stock market are down on Wednesday after a series of weak economic data from the United States. Bitcoin (BTC) price dropped below $94,000, much lower than this month’s high of $96,000. Similarly, top altcoins like Ripple (XRP), Pepe (PEPE), and VeChain (VET) dropped by over 5% in the last 24 hours.  The total market capitalization of all cryptocurrencies decreased by 3.6% in the same period, falling to $3.03 billion. U.S. stock indices were also in the red, with the Dow Jones Industrial Average was down around 150 points and the tech-heavy Nasdaq 100 fell around 170…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP and XLM lead 2025’s crypto rebound, but new ISO 20022 token Remittix may outshine them in cross-border payments. The first few months of 2025 were rocky for crypto, but one of the tokens that weathered the storm the best was XRP, with the XRP price performing better than most. But scroll a bit further down the list, and see that Stellar’s XLM is also not doing too badly.  These two tokens have much in common; both networks provide…

Tracy Jin from MEXC predicts that $1 billion in stablecoin inflows could boost Bitcoin’s price by 8-10 percent. Bitcoin (BTC) is increasingly benefiting from stablecoin-driven liquidity growth. On Wednesday, April 30, Tracy Jin, COO of crypto exchange MEXC, shared her insights with crypto.news on the growing role of stablecoins in the Bitcoin ecosystem. “Fiat inflows converted into Tether and Circle are steadily flowing into Bitcoin, and that remains the primary driver behind its price growth this year. Right now, every additional billion in stablecoins tends to push Bitcoin up by 8 to 10 percent,” Tracy Jin of MEXC. Jin explained…

Polkadot price continued to consolidate at a crucial support level, pointing to a potential strong rebound as development activity rises. Polkadot (DOT) token was trading at $4, a few points above the crucial support at $3.63, where it has failed to break below since 2023. According to data from Santiment, the number of commits in the network jumped to 53.6 on Wednesday, the highest level since April 14. That marked a significant increase from this month’s low of 31.8. Meanwhile, seven-day development activity rose by 25.7% to 314. Polkadot developer activity | Source: Santiment Similarly, activity in Kusama (KSM), its…

Kazakhstan is exploring the creation of crypto banks as part of its effort to build a robust digital asset ecosystem. The proposed institutions would offer services like digital asset exchange, storage, and transaction support in a regulated framework, according to The Astana Times. This sentiment was expressed by Prime Minister Olzhas Bektenov in a response to Parliament on April 25. These functions are already being partially handled by entities under the Astana International Financial Centre, including cryptocurrency exchanges, custodians, brokers, and digital asset platform operators.  The government aims to expand these capabilities through upcoming legislative amendments designed to liberalize the…

XRP’s recent grind higher has taken it straight into a critical resistance cluster near the $2.50 mark. Despite the bounce, volume has remained low, a warning sign that this move may lack the strength needed to sustain itself without a shift in momentum. Let’s break down why this zone is so crucial. Over the last few weeks, Ripple (XRP) has been trading within a clearly defined ascending channel, with price bouncing from the channel low almost to the dollar. While this technical respect of structure is a positive sign, it’s also worth noting that volume has remained significantly muted. The…

Bitcoin’s lack of movement lately isn’t unusual as price action is trapped within a tight lower time frame trading channel. Until either support or resistance is broken with strong volume, expect continued chop, indecision, and frustrating fakeouts for both bulls and bears. Since April 23rd, Bitcoin (BTC) has been locked in a sideways range between $91,610 support and $95,700 resistance. This range has acted as a short-term zone of price acceptance, and BTC has failed to build momentum beyond either boundary. As long as this structure holds, the market will continue to coil within it, trading between predictable levels with…

Plume, a blockchain platform purpose-built for Real World Asset Finance, has announced a strategic partnership with Soneium, the Ethereum Layer-2 network developed by Sony Block Solutions Labs.  The collaboration aims to bring real-world asset staking and yield directly to users in the Soneium ecosystem, leveraging Plume’s native interoperability layer, SkyLink, according to a note shared with crypto.news. The announcement details how SkyLink will serve as the technical bridge allowing yield from tokenized U.S. Treasuries, private credit, and other real-world assets to stream cross-chain into Soneium. For the 5.1 million users within the Soneium network, this opens direct access to institutional-grade…

Mercado Bitcoin, Brazil’s largest crypto exchange, announced on Wednesday a new partnership with Wormhole to expand the reach of its tokenized financial assets. This new partnership aims to expand over $200 million in tokenized assets, including private credit offerings, across more than 30 blockchain ecosystems. The Rio de Janeiro-based exchange is already a major player in Latin America’s digital asset landscape, with over 4 million clients and a growing portfolio of tokenized offerings. By integrating Wormhole’s interoperability protocol, MB seeks to offer a more scalable and transparent solution for on-chain asset issuance and trading, especially in the underserved secondary markets…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Leading trader predicts XYZVerse could hit $5, surging 15,000% and overtaking Dogecoin and XRP amid rising investor interest. A leading trader has made a bold forecast about XYZVerse, suggesting it could soar to $5. This would place it ahead of well-known cryptocurrencies like Dogecoin and XRP, offering potential returns of 15,000%. What factors could drive this meteoric rise? The article explores the reasons behind this surprising prediction and what it could mean for investors. XYZ demand soars as capitalization…