The decentralized finance ecosystem in XRP, managed by its decentralized network XRP Ledger (XRPL), has progressed after adopting the automated market maker(AMM) functionality. Per a post on X (formerly Twitter) by XRPScan, the first AMM liquidity pools were created just a few minutes after the AMM features went live. Some pools now hold hundreds of...Read More
After weeks of nonstop bullish momentum, Bitcoin (BTC) retraced below $61K, a correction many analysts deemed necessary before the halving. As CryptoPotato reported, over $220 billion were lost in just two days, with altcoins like Solana (SOL), Dogecoin (DOGE), and Ripple (XRP) suffering the most. However, the trend changed in the following hours, especially after...Read More
Crypto exchanges HTX (formerly Huobi), Bitget, and BingX have pledged to donate trading fees to support the Slerf community after the anonymous meme coin developer accidentally burned $10 million in presale funds. Despite this setback, market speculators aggressively pumped the token, increasing its value by over 5,000% and sending its price above the $1 mark....Read More
Meme coins are back at it with significant gains throughout the past 24 hours. The market is recovering, in general, but some meme coins are undoubtedly performing better than the rest. Shiba Inu (SHIB) is up a whopping 13% over the past 24 hours, trading at slightly below $0.0003. The cryptocurrency remains down some 10%...Read More
The Solana blockchain has become the home of many new and popular meme coins that have garnered the community’s attention during this bull cycle. This has pushed not only their prices up but also SOL’s. The latest such craze is called BOOK OF MEME and was launched earlier this week. It quickly skyrocketed by triple...Read More
The Cardano (ADA) blockchain has experienced a significant uptick in user engagement over the past month. According to data from Danogo, a decentralized exchange (DEX) on Cardano, the number of active wallets on the network surged to 600K, a 40% increase that doubles the lowest amount in the past 30 days. The surge in active...Read More
Bitcoin (BTC) whales have been busy this week taking profits, or at least it appears so. According to on-chain tracker Lookonchain, one wealthy trader made a profit of $217 million on BTC after selling a large amount of BTC on Binance. The whale in question had accumulated and held BTC for several months, specifically since...Read More
The price of Bitcoin (BTC) has reached new all-time highs much faster than analysts had expected. A substantial upswing kicked off a few weeks after the approval of the Bitcoin Spot ETF. BTC started the week with an intense burst of volatility, as it topped $73K, tumbled to $69K, and then climbed its way back...Read More
Moreover, it’s getting some new digs on Stock Twits, and another crypto exchange has added FLOKI to its trading pairs. FLOKI coin gained more in price on cryptocurrency exchanges last week than Pepe Coin, Dogecoin, Shiba Inu, Bonk Inu, or Wif. Furthermore, the Ethereum and Binance Smart Chain meme coin entered the top 60 biggest...Read More
Bitcoin (BTC), which saw remarkable gains in the last weeks of February, has been hovering above $67K for the past 48 hours. Behind BTC’s recent market rally are spot Bitcoin ETFs, which are netting substantial inflows into their funds. As the market is gripped with bullish sentiment, miners have earned $75.9 million in daily revenue,...Read More
During the last several bull markets, at least one type of niche asset class within the cryptocurrency industry has grown to be a major player. The previous run that ended abruptly in 2022 consisted of NFTs and meme coins. With many experts commenting that Bitcoin and the rest of the market has already begun the...Read More
A crypto whale has scored a significant profit of over $2.9 million by strategically investing in the meme-inspired cryptocurrency BONK, according to Lookonchain, a popular on-chain data tracker. The ентитъ acquired 98 billion BONK tokens, valued at more than $1.5 million, from Binance just before the token’s price surged by over 50% in a single...Read More
This market cycle’s altcoin season could be as staggeringly profitable as in previous bull market years. The oncoming inflow of capital to altcoin markets represents an unprecedented level of institutional desire and regulatory approval for Bitcoin and blockchain cryptocurrencies. For those wondering why bitcoin is going vertical today, the answer is very simple: Wall Street...Read More
Bitcoin (BTC) has surged above $56K, an all-time high achieved almost three years ago on February 20, 2021. The last time BTC was at these levels was in November of the same year. Monday 26th has been one of the most intense days for the crypto industry, with the two leading assets, BTC and ETH,...Read More
Zcash (ZEC) exploded roughly 30% weekly after Grayscale filed a request for a privacy-centered ETF that tracks companies from that sector, including privacy coins, AI, data security, and more. Grayscale approached the SEC this week with a proposal for a unique exchange-traded fund (ETF) focused on privacy and cybersecurity, the Grayscale Privacy ETF (PRVC), as...Read More
Binance’s native cryptocurrency, BNB, soared to its highest level since November 2022, climbing to over $380, renewing optimism among investors after legal struggles and CZ stepping down from its CEO position. BNB remains the fourth-largest cryptocurrency by market capitalization, peaking at $386 —a 7.70% gain over the past week, according to CoinMarketCap data. Most market...Read More
The price of Bitcoin seems to be losing correlation with ETF inflows and outflows, which is why BTC has remained on the sidelines for the past few days despite institutional adoption gaining momentum. This has become a focal point for investors and analysts. A popular analyst who goes by Titan of Crypto on X recently...Read More
Renowned crypto analyst Michaël van de Poppe has made a bullish prediction for Ethereum, suggesting that it could soar to $4,500. Van de Poppe believes Ethereum is soaking up Bitcoin’s upward momentum as investment capital shifts to ETH. According to the analyst, this is a “massive period to be rotating from Bitcoin towards Ethereum.” #Ethereum...Read More
A renowned member of the Shiba Inu team and SHIB influencer, Lucie, recently issued a warning to the SHIB community ahead of the upcoming debut of the SHEboshis NFTs, a new collection within the Shiba Inu ecosystem. SHEboshis NFTs will be tradable on Uniswap and ShibaSwap, with plans to bridge to Shibarium in the future....Read More
With a total of 190,000 Bitcoins, MicroStrategy’s investment in BTC has surpassed $10 billion. The milestone came after BTC broke above $50k, underpinning the company’s strong belief in the asset’s long-term value and its role as a hedge against inflation. Since entering the bitcoin market in August 2020, MicroStrategy now holds over 190,000 BTCs worth...Read More
DeFi TVL is at its highest level in 20 months, and several blockchains and layer-2s are contributing to this upward trend. According to data from DefiLlama, Total value locked (TVL) across various protocols has just surpassed $69 billion for the first time since June 2022. This milestone marks a significant resurgence in DeFi activity across multiple...Read More
Shiba Inu – one of the most popular meme coins on the market – has seen some notable increases in important on-chain metrics of Shibarium. The latter is an L2 built on Ethereum designed to service the needs of the Shiba Inu ecosystem. According to on-chain data from Shibariumscan, the number of daily transactions has...Read More
The lawsuit between the United States Securities and Exchange Commission and Ripple Labs is approaching a decisive phase. Scheduled for April 23rd, 2024, the trial will resolve one of the longest-standing legal conflicts in the industry and also one that will most likely have a considerable impact on the entire field. Most Recent Ripple v....Read More
On Tuesday, the Solana network experienced five hours of unusability. Validators, crucial components of Solana’s infrastructure responsible for processing and validating blockchain transactions, restarted the network before 10 am Eastern Time. Solana Labs attributed the recent five-hour blockchain downtime on February 6 to a bug that made transactions enter an infinite loop. The Post-Mortem According...Read More
Altcoin analyst Altcoin Gordon told over 400,000 X followers Friday that his year-end target for Ethereum is $11,250. That would be a 3.4X increase compared to current prices. Bitcoin has received plenty of attention from the media since October between the SEC approval of Bitcoin ETFs in January and the upcoming fourth Bitcoin halving in April....Read More
An Ethereum Virtual Machine (EVM) side chain of the XRP Ledger (XRPL) will reward chain validators with XRP tokens. That brings Ripple into decentralized finance or DeFi’s staking wars. Ripple Partner Peersyst Technology’s CEO recently confirmed in an interview that XRPL EVM side chain will reward validators in XRP tokens. XRPL Ethereum Chain Uses XRP...Read More
Crypto analyst Dark Defender has recently conducted an in-depth XRP price analysis and believes the asset could hit an ATH of $18. The trader used several indicators and chart patterns to gauge XRP’s next price target, concluding with three potential ones. One of those patterns is the ABC Correction, which, in trading, can help traders...Read More
Solana has been the center of attention in the last seven days, spearheading most of the news headlines in the crypto community. First, the Solana network suffered an outage on Tuesday, shutting down for nearly five hours and sparking criticisms left and right. Shortly after, SOL skyrocketed to $105, and its ecosystem recorded $1.85B in...Read More
Cardano (ADA) has seen an uptick in trading activity, surging over 7% on Thursday and exchanging hands at $0.53. The blue-chip coin crossed the $0.53 mark twice in February after January was filled with tumultuous price action. Following this week’s surge, analysts on social media are discussing and speculating on the factors that could decide...Read More
Bitcoin (BTC) broke the $46,000 barrier after several weeks of consolidation, marking a multi-week high. This price increase hasn’t been seen since January 12, the day spot bitcoin exchange-traded funds (ETF) became a reality. The increase was attributed to heightened accumulation of BTC by large holders and new all-time highs in U.S. equity indices. Following...Read More
