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Cryptocurrency News
Coinpedia
1w
204
Image Credit: Coinpedia
Why Institutions Are Suddenly Choosing Ethereum Over Bitcoin?
- Institutions are favoring Ethereum over Bitcoin due to utility, ETF inflows, and tokenization.
- Key players like Bit Digital and Deutsche Bank are embracing Ethereum for tokenization projects.
- ETH's real-world use, growing ETF inflows, and tokenization surge are driving institutional trust.
- Ethereum's reliability, role in tokenized finance, and major corporate adoption contribute to its rise.
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Crypto-News-Flash
1w
93
Image Credit: Crypto-News-Flash
NodeOps Network Goes Live on Arbitrum with Big DePIN Ambitions
- NodeOps has launched its permissionless, SLA-backed compute protocol on Arbitrum after a successful testnet phase, emphasizing accountability and scalability.
- The mainnet activation on Arbitrum signifies a significant step towards proving the viability of decentralized verifiable computation on the blockchain at a production level.
- Other projects, like PicWe and Hive, have also recently gone live on Arbitrum, showcasing innovations in cross-chain transfers and real-time blockchain data access.
- NodeOps' mainnet launch is supported by strategic initiatives like the Staking Hub, community-driven strategies, and the listing of NODE token on major exchanges, emphasizing market adoption and community participation.
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TechBullion
1w
327
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DEAL Mining’s latest computing power solution attracted multiple Bitcoin holders to invest, with daily revenue exceeding $26,680
- DEAL Mining, a cloud mining platform founded in 2016, is attracting Bitcoin holders with a new computing power upgrade plan, generating over $26,680 in daily revenue.
- The platform offers cutting-edge GPU technology, a global data center network, and clean energy solutions to ensure efficient and environmentally friendly mining operations.
- Users can simply register, purchase a mining contract, and start earning passive income without the need for equipment investment or technical knowledge.
- DEAL Mining is deemed safe, employing professionals in cryptocurrency mining and financial security, using encryption technology to protect user data and ensure stable services.
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TronWeekly
1w
195
Image Credit: TronWeekly
Solana’s Bold Reversal: Will the Market Surge Beyond $160?
- Solana's price drops by 2.65% to $148 with trading volume surging 36.79% to $3.7 billion.
- Support levels for Solana are at $140 and $125, while resistance is expected between $160 and $180.
- A breakout from a symmetrical triangle could push Solana's price towards targets of $179, $205, and $265.
- Solana is currently trading at $148, showing a 2.65% decline with crucial support levels at $140 and $125. Resistance is expected between $160 and $180. There are bullish short-term trends along with bearish medium- and long-term indicators.
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Cryptonews
1w
148
Decade-Old Ethereum ‘Gen0’ Wallets Awaken, Move US$2.9M in ETH
- Two early Ethereum wallets from the blockchain’s launch phase, created in 2015, were reactivated, moving a total of 1,140 ETH worth US$2.9 million.
- These wallets were funded through GENESIS transactions during Ethereum's initial token distribution, with one wallet originally receiving 900 ETH when the token's value was below US$0.50.
- The reactivation of these wallets is part of a trend of activity from long-dormant accounts in the cryptocurrency space, similar to recent movements seen in Bitcoin and Ethereum.
- Although significant, the balances in the reactivated Ethereum wallets do not meet the threshold for 'whale' status, which requires holding 10,000 ETH or more based on current prices.
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Cryptoninjas
1w
10
Image Credit: Cryptoninjas
Bonk Eyes 1M Holders, plans to Burn 1 Trillion Tokens in Major Milestone Move
- Bonk memecoin plans to burn 1 trillion tokens before reaching 1M holders.
- Announcement generates market buzz but long-term price impact remains uncertain.
- Some caution against overhyping burns in meme coin communities due to sentiment-driven market.
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Bravenewcoin
1w
94
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Elon Musk Launches “America Party” with Bitcoin at the Heart of His Political Vision
- Elon Musk announces 'America Party' post fallout with Donald Trump over budget bill.
- Musk plans to integrate Bitcoin into his political platform, challenging traditional money systems.
- The party aims to focus on a few key legislative seats to influence decision-making.
- Potential impact on crypto adoption and political landscape as Musk navigates uncharted waters.
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Coinpedia
1w
53
Image Credit: Coinpedia
Proof-of-Woof: DAIKO’s Smart Leash Makes Dog Poop the Next Frontier of Web3
- Pet-tech startup Daiko introduces RFID-equipped retractable leash with waste capsule.
- The leash, coupled with an app, tracks steps, scoops, vet visits for on-chain rewards.
- By attaching tokens to tangible devices, Daiko aims to encourage daily real-world actions.
- Utilizing hardware sales to anchor tokenomics, the project focuses on sustainability and value.
- Daiko's initiative blends pet care, real-world actions, and blockchain technology for mainstream adoption.
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Cryptonews
1w
183
Stablecoins Over CBDCs: Will Australia Follow the US Regulatory Drift?
- Stablecoins have gained prominence as a secure alternative to traditional currencies.
- During Trump's second term, stablecoins surged, replacing the declining altcoins market.
- Stablecoin issuers' demand for US Treasuries could reduce the government's borrowing costs.
- The stability and transparency of stablecoins make them a feasible option in global finance.
- Australia may align with the US in regulating stablecoins for broader adoption in finance.
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Cryptoninjas
1w
408
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Shenzhen Issues Crypto Fraud Alert as Stablecoin Scams Multiply Across China
- Shenzhen warns against stablecoin scams and digital asset fraud, urging public vigilance.
- Authorities caution against illicit fundraising involving stablecoins; cracking down on unsanctioned activities.
- Investors in China at risk of financial and legal repercussions for engaging in unlicensed schemes.
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TheNewsCrypto
1w
221
Can Ripple’s XRP Flip the Script or Sink Deeper into the Bear Trend?
- XRP is currently trading around $2.26 with a surge in trading volume of over 74%.
- The broader crypto market cap remains at $3.33 trillion, experiencing a slight pullback, causing major tokens to trade in the red. XRP shows a 0.04% loss amidst mixed signals.
- XRP's MACD line crossing below the signal line indicates potential weakness in the uptrend. The CMF suggests strong buying pressure, while the RSI and BBP values imply a neutral sentiment with a slight bearish edge.
- If XRP's support at $2.22 fails, a correction to below $2.15 could occur. However, breaking resistance at $2.30 might lead to a bullish trend towards $2.40 with a possible golden cross formation.
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Bitcoinist
1w
178
Image Credit: Bitcoinist
War Wallets Exposed: 60 Crypto Operators Under Ukraine’s Gun
- Ukraine imposes sanctions on 60 crypto firms to cut off funds fueling Russia's military campaign.
- Sanctions target crypto exchanges, miners, issuers, payment firms, and individuals aiding Russia's sanctions evasion.
- Ukraine coordinates with allies to tighten the grip on channels used by Russia for funding.
- Russia's growing crypto use, including a stablecoin pegged to the ruble, poses risks highlighted by the movement of billions in digital assets.
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TronWeekly
1w
4
Image Credit: TronWeekly
Pi Network Secures Major VC Backing from 137 Ventures
- Pi Network is trading at $0.4570, down 2.05%, with a 24-hour volume of $81.57 million.
- 137 Ventures has added Pi Network to its investment portfolio, recognizing its potential for large-scale adoption in the blockchain space.
- The upcoming launch of Pi Network's Open Mainnet, along with its mobile-first mining approach, has garnered attention and institutional backing, signaling a move towards becoming a credible Web3 player.
- The investment from 137 Ventures signifies more than financial support, highlighting Pi Network's democratization of crypto access and potential for global adoption through its innovative infrastructure.
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Coinpedia
1w
280
Image Credit: Coinpedia
AP Token Price Explodes as Elon Musk Unveils America Party Plans
- The America Party (AP) crypto token saw a 420% surge following Elon Musk's hint at creating a new political party, though he's not directly involved with the token.
- Despite the market excitement, the AP token lacks clear documentation and essential details, leading to skepticism about its legitimacy as another potential memecoin pump-and-dump.
- The memecoin sector experienced a significant rally, with AP token's price hitting $0.02772, a 24-hour trading volume surge of over 100%, and a market cap reaching around $30.53 million.
- While the America Party token benefits from the Elon Musk branding, the lack of clarity and documentation raise concerns about its long-term viability, drawing parallels to past speculative crypto cycles.
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Blockonomi
1w
293
Image Credit: Blockonomi
Bit Digital Dumps Bitcoin for Ethereum in $200M Shift as ETH Price Eyes Breakout
- Bit Digital sold $28M in BTC and added $192.9M in ETH after a $172M public offering.
- Ethereum is now the firm’s largest crypto holding at roughly $254.8 million in value.
- ETH trades in a range between $2,313 and $2,737, with bullish signals building slowly.
- A breakout above $2,800 may spark a rally toward $3,000 if support levels hold firm.
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