Author: James Wilson
Standard Chartered has changed its 2025 year-end price target for Ethereum from $10,000 to $4,000, citing structural challenges within the Ethereum ecosystem. The bank’s analysts attribute this adjustment to the impact of Layer 2 solutions, particularly Coinbase’s Base network, which has reduced Ethereum’s (ETH) market capitalization by an estimated $50 billion. Layer 2 networks like Base were developed to enhance Ethereum’s scalability by reducing transaction fees and congestion. However, Standard Chartered’s research indicates that these solutions may be diverting revenue away from the main Ethereum network. Base, for instance, channels its profits to Coinbase, potentially diminishing Ethereum’s overall market share.…
XRP’s price has rebounded over the past few days, climbing from a low of $1.8890 last week to over $2.30. Ripple (XRP) ose largely due to last week’s rebound in the crypto and stock markets. Top U.S. indices like the Dow Jones, S&P 500, and Nasdaq 100 each gained more than 1.5% on Friday. XRP also jumped on growing optimism that the Securities and Exchange Commission will approve a spot ETF rose. Polymarket data shows that the odds of approval have risen to 76%. A spot XRP ETF would likely attract more inflows from Wall Street investors. There is also…
YZi has invested in Plume Network, a modular blockchain designed to bring real-world assets on-chain Plume Network is a modular blockchain designed to bring real-world assets on-chain. It is building an Ethereum Virtual Machine-compatible ecosystem that allows RWAs — including financial instruments, carbon credits, and collectibles — to integrate seamlessly into decentralized finance. Plume has seen significant early traction, with over 18 million wallets participating in its testnet and partnerships with more than 180 protocols, according to a YZi (formerly Binance Labs) announcement. “At YZi Labs, we invest in projects that harness blockchain technology to create real-world impact,” said…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The collapse of Mt. Gox in 2014—where 850,000 Bitcoin (BTC) vanished—was supposed to be crypto’s ‘never again’ moment. The industry was built on the promise of financial sovereignty, yet a decade later, we’re still stuck at square one. Bybit’s recent hack resulted in the loss of hundreds of millions—possibly up to $1.5 billion—in user funds, making it one of the largest crypto security breaches to date. While the exchange has continued operating, the attack exposes a deeper…
Ethereum’s price remains in a deep bear market after plunging more than 53% from its November high. Ethereum (ETH) has crashed below the crucial support at $2,000, and is hovering near its lowest point since November 6. The ongoing crash happened as demand for the coin waned in Wall Street. All spot Ethereum ETFs have had outflows in the last three consecutive weeks, bringing the cumulative net inflow to $2.52 billion. Total assets have dropped to about $6.72 billion. Ethereum’s decline has also been fueled by growing fear in the crypto market. The closely watched crypto fear and greed index…
Michael Saylor’s Bitcoin corporate tycoon Strategy has acquired 130 BTC for approximately $10.7 million. Strategy, formerly known as MicroStrategy, is moving forward to push its Bitcoin (BTC) bags to the 500,000 mark, purchasing 130 BTC for $10.7 million. Strategy has acquired 130 BTC for ~$10.7M at ~$82,981 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025. As of 3/16/2025, we hodl 499,226 $BTC acquired for ~$33.1 billion at ~$66,360 per bitcoin. $MSTR $STRK https://t.co/8xRmR8vlIt— Michael Saylor⚡️ (@saylor) March 17, 2025 In an X announcement on Monday, March 17, Strategy founder Michael Saylor revealed that the Virginia-based public company…
Malaysia is seeing a rise in cryptocurrency investment scams, with authorities warning that more professionals and senior citizens are being targeted. Bukit Aman Commercial Crime Investigation Department Director Datuk Seri Ramli Mohamed Yoosuf said in a Mar. 17 report that older investors, especially those over 60, should be extra cautious and avoid rushing into crypto investments. Ramli highlighted a recent case where a 74-year-old lost tens of millions of ringgit after falling for a scam. Some victims, he explained, believe that purchasing multiple cryptocurrency coins—each worth hundreds of thousands of ringgit—will guarantee big profits, but in reality, “no investment is…
Bitget Wallet has expanded its multi-chain MEV protection, enabling it by default across major blockchains to protect users from MEV bot attacks. In a press release sent to crypto.news, Bitget Wallet reveals its latest security upgrade, which would directly integrate Maximal Extractable Value Protection or MEV protection directly into the platform’s Swap feature. Users can check whether the security feature is activated by checking the “MEV” logo on the Swap page or within the transaction signature page. The MEV Protection upgrade is designed to prevent unfair trading mechanisms that are usually employed by MEV bots. It applies across multiple chains,…
Donald Trump’s ties to cryptocurrency projects, his holdings and those of Trump-backed World Liberty Financial have raised red flags in the crypto community on several occasions. As the Trump administration changes its stance from the U.S. President’s previous term and turns pro-crypto, several crypto companies with close ties to Trump and his aides have gained or set their sights on gaining from association. In the following research, we uncover Trump family businesses, ties to crypto projects, top five crypto tokens that could benefit during the administration and unpack the controversy around it all. Trump’s crypto holdings and TRUMP meme coin …
Wemix Foundation CEO addressed the late announcement of Feb. 28 security breach and announced full services resumption on Mar. 21. In a press conference held on Mar. 17, Wemix Foundation (WEMIX) CEO Kim Seok-hwan addressed the delayed announcement of the recent security breach and announced full services resumption on 21 March, as initially reported by Business Korea. The incident in question occurred on Feb. 28 and involved a security breach of the Wemix Foundation’s “Play Bridge Vault” crypto wallet, which transfers WEMIX to other blockchains. Around 8.6 million WEMIX tokens were withdrawn, worth around $6.04 million (8.75 billion won). Following the…