Author: James Wilson
The crypto market shows signs of recovery with Ethereum climbing back above the $2,000 level, while several altcoins including Wormhole (W), DIONE, and Magnetix (MAG) post double-digit gains in the past 24 hours. Wormhole (W) has jumped 41.7% in the last 24 hours, trading at $0.1218 from a low of $0.08551. The token’s momentum extends beyond the daily timeframe, with nearly 40% growth over the past week. Source: CoinGecko One commentator on X noted that Wormhole has established itself as one of the most active interoperability networks, processing approximately 200,000 messages and $40 million in daily volume. The platform currently…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Dogecoin nears a bottom with indicators pointing to a rally next, Rexas Finance is gaining traction ahead of its exchange debut. Dogecoin (DOGE) has plummeted nearly 77% from its all-time high (ATH). The memecoin has struggled due to market-wide selling pressure, but hints of a possible bottom are developing. A crypto trader feels that DOGE is possibly at its lowest position, with whales accumulating and technical indicators showing bullish signals. On the other hand, Rexas Finance (RXS), a…
The Jasmy price has moved into a bear market after crashing from last year’s high of $0.0595 to $0.012, its lowest level since February last year. The Jasmy Coin (JASMY) token has crashed because of the cryptocurrency market’s ongoing performance. Bitcoin and most altcoins have also plunged in this period. Still, the coin is likely to bounce back in the coming weeks. On-chain data shows that the number of active addresses has risen in the past few days. There were 897 active addresses on March 23, the highest level since March 10. An increase in active addresses is often seen…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Lightchain AI surges past $17.9 million in presale funding, Ripple’s XRP navigates market shifts, both projects attracting investor attention. Lightchain AI continues to see impressive growth, attracting investors seeking high-potential opportunities in the AI-blockchain space. Priced at $0.007, it has already raised over $17.9 million, reinforcing confidence in its potential. Meanwhile, Ripple’s XRP is navigating market fluctuations, responding to shifting investor sentiment and regulatory developments. While XRP remains a key player in cross-border payments, Lightchain AI’s rise is…
A long-dormant Bitcoin wallet has suddenly woken up after eight years of inactivity. According to blockchain analytics firm Arkham Intelligence, the whale has moved over $250 million worth of Bitcoin. The transactions were executed within the last 16 hours and show that the value of the holdings has appreciated from approximately $3 million in early 2017 to over $250 million today. Before yesterday’s transfers, the wallet had maintained its Bitcoin (BTC) in a single address for more than eight years. $250M BITCOIN WHALE WAKES UP AFTER 8 YEARSA Bitcoin Whale that has held BTC since late 2016 has just moved…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse is positioning itself as crypto’s next 100x breakout, potentially rivaling Solana’s 2021 rally. A little-known cryptocurrency is gaining attention for its potential to deliver massive returns. This emerging digital asset could outperform even the most impressive market surges seen in recent years. With whispers of a significant rally on the horizon, investors and enthusiasts are watching closely. XYZVerse could be crypto’s next 100x memecoin The excitement around XYZVerse is undeniable. As the first memecoin dedicated entirely to sports,…
PancakeSwap has claimed the top position in global decentralized exchange (DEX) rankings, achieving over $14 billion in weekly trading volume. According to CoinMarketCap data, PancakeSwap (CAKE) has seen an impressive 58.04% increase in activity over the past week. The BNB (BNB) Chain-based DEX now accounts for 29.18% of all decentralized exchange trading, with a weekly volume of $14.168 billion and a daily trading volume (TVL) of $1.67 billion. PancakeSwap flipped Uniswap to become the top DEX, fueled by lower fees, an easy interface, and memecoin hype on BSC. Recent stats: PancakeSwap hit $213.6M daily volume vs. Uniswap’s $43.7M. This leap…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Earlier this month, President Trump reinvigorated crypto markets with his announcement of five cryptocurrencies for U.S. strategic reserves: Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA). In making this announcement, Trump has opened the door to a new financial era and created an opportunity for Bitcoin and other cryptocurrencies to go toe-to-toe with the leader in global reserve fiat currency, the US dollar. How did Bitcoin get here? The Bitcoin revolution started and grew…
Today’s edition of the weekly recap covers Coinbase’s potential major acquisition in the derivatives space, the SEC’s decision to end the Ripple battle, and South Korea’s planned actions against unregistered exchanges. Coinbase, Deribit discuss deal Kraken acquires NinjaTrader Dubai launches… Source link
Coinbase stock slipped this year, erasing over $38 billion in value, as crypto woes intensify. After peaking at $350 in November last year, the company’s share prices plunged to $190, and technical patterns point to further downside. Crypto prices have crashed this year The ongoing crash happened as Bitcoin (BTC) and most altcoins plunged: Bitcoin fell from an all-time high of $109,400 in January to today’s price of $84,400. Similarly, Ethereum (ETH) has slipped from last year’s high of $4,100 to $2,000. The total market cap of all cryptocurrencies has dropped from over $3.8 trillion in 2024 to $2.76 trillion.…