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Cryptocurrency News
Cryptopotato
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Image Credit: Cryptopotato
Critical Warning by the Shiba Inu (SHIB) Team: Beware of This Scam
- Scammers are impersonating SHIB-related figures like LUCIE to deceive people with fake giveaways and fraudulent investments.
- Shibarium Trustwatch advises users to verify accounts, avoid suspicious links, and report scams to protect the community.
- The team previously warned about a fake X account pretending to be the official one of the meme coin project.
- Users are urged to refrain from sharing personal details and to be cautious of deceptive individuals misusing the names of Shiba Inu team members.
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Medium
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Image Credit: Medium
DWF Labs initiates $250M initiative for widespread crypto acceptance
- DWF Labs is launching a $250 million initiative to promote widespread crypto acceptance.
- They plan to make strategic investments ranging from $10 million to $50 million into projects with 'real-world adoption' potential.
- The focus is on supporting mid- to large-cap projects and helping new users discover and understand the value of these projects.
- The initiative aims to overcome obstacles in the crypto space and attract more funds and talent.
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Bitcoinist
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Image Credit: Bitcoinist
Bitcoin Remains Strong Despite Slower Capital Inflows – Expert Unravels Liquidity Growth
- Bitcoin reclaims $85,500 level and shows strength for push towards $90,000 mark.
- On-chain data indicates Bitcoin's Realized Capitalization growth reflects a slowdown in new capital entering the market, not a decrease in liquidity.
- Bitcoin climbs above $86,000, bringing cautious optimism to investors amid global instability.
- BTC price faces critical test to confirm new uptrend and reclaim $90,000 level.
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Bravenewcoin
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Image Credit: Bravenewcoin
XRP News: Ripple Secures Victory with Reduced $50M SEC Settlement—What’s Next for XRP?
- Ripple has secured a victory in the ongoing XRP lawsuit with a reduced $50 million SEC settlement.
- The settlement removes legal uncertainties surrounding Ripple cryptocurrency and provides operational freedom.
- Ripple will disburse $50 million, restore access to $75 million, and have the injunction lifted.
- Despite the settlement, XRP price saw a modest increase, but experts remain optimistic about long-term price trends.
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99Bitcoins
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366
What Is The JELLY Crypto Drama? Are Binance Trying To Sabotage Hyperliquid?
- A coordinated group of whales manipulated the price of the JELLY token on the Hyperliquid DEX, causing a significant drop in its value.
- Hyperliquid's built-in market-making protocol faced a loss of over $12 million due to the whales' market manipulation.
- Hyperliquid delisted JELLY and closed the short position, avoiding the huge losses it was facing.
- Connections were found between the malicious wallets involved in the JELLY price manipulation and major exchanges such as OKX and Binance, leading to suspicion of a coordinated attack to sabotage Hyperliquid.
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TronWeekly
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Image Credit: TronWeekly
Circle’s USDC Breaks Record, Outpaces USDT in Recent Growth Rate
- USD Coin (USDC) has surpassed $60 billion in market cap, reaching a new all-time high.
- USDC added $16.3 billion to its supply in the last three months, outpacing the growth of USDT.
- The surge in USDC's market cap suggests increased investor interest and adoption globally.
- The growth of stablecoins, driven by regulatory clarity, has led to the entrance of new players in the market.
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Financemagnates
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Image Credit: Financemagnates
Bitget Races Into Brazil’s Crypto Market With Porsche Cup Sponsorship
- Crypto exchange Bitget has entered into a partnership with Porsche Cup Brasil 2025, backing professional driver Flávio Sampaio.
- Bitget's sponsorship of Flávio Sampaio is its first direct involvement in high-speed racing and makes it the first cryptocurrency exchange to participate in the prestigious competition.
- With over 40 million users in Brazil's expanding cryptocurrency market, Bitget aims to strengthen its foothold by gaining visibility among racing and investing enthusiasts.
- The partnership offers exclusive experiences for fans, including VIP access, live race insights, and the opportunity to ride alongside professional drivers in Bitget-branded helmets.
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TheNewsCrypto
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Image Credit: TheNewsCrypto
Pi Network News: Why Pi Coin Dropped?
- Pi Coin dropped 12% to $0.81 due to delays in the Pi Network mainnet launch and Binance listing.
- Community frustrations are mounting due to lack of transparency and a shift towards institutional control.
- Analysts predict further downside to $0.60, but remain optimistic about a recovery to $5 if market sentiment improves.
- Questions persist regarding Pi Network's decentralization, with concerns over SuperNode requirements and token distribution.
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Coin Telegraph
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Image Credit: Coin Telegraph
XRP price at risk of 50%+ correction if bearish trading pattern holds — Peter Brandt
- XRP price continues to underperform the broader crypto market.
- Veteran trader Peter Brandt warns of a potential 50%+ correction for XRP if bearish pattern holds.
- However, analyst Javon Marks sees a positive breakout for XRP, suggesting a substantial surge may be possible.
- XRP faces key support and resistance at the $2.50 level in the coming weeks.
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Cryptopotato
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304
Image Credit: Cryptopotato
GameStop Board Greenlights Bitcoin for Treasury Reserves
- GameStop's board has approved the addition of Bitcoin to its treasury reserves.
- Improved quarterly earnings with net income more than doubling in Q4 2024.
- GameStop will use a portion of its cash reserves to invest in Bitcoin.
- Shares of GameStop rose 8.27% in after-hours trading following the announcement.
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TheNewsCrypto
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348
Image Credit: TheNewsCrypto
Can Berachain Break Key Resistance After a 36% Weekly Surge?
- Berachain (BERA) has experienced a 36% surge, approaching a key resistance level of $8.34.
- Technical indicators suggest potential for further price growth, with support from RSI, EMA, and MACD indicators.
- On-chain data indicates bullish sentiment, with increased total value locked (TVL) and stablecoin market cap.
- The introduction of the Proof-of-Liquidity (POL) system has contributed to BERA's recent surge.
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99Bitcoins
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Let’s Look At The Aftermath Of The Ripple v/s SEC: $50M Settlement Marks New Chapter
- Ripple Labs and the SEC have settled their legal battle, with Ripple agreeing to pay $50 million in fines.
- The case was regarding the classification and regulation of digital assets in the US.
- Ripple's CTO emphasized that the lifting of the injunction does not change Ripple's legal obligations.
- Ripple plans to focus on increasing its American client base and working with banks on cross-border payment mechanisms.
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Cryptoninjas
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410
Image Credit: Cryptoninjas
Celo’s Transition to Ethereum Layer 2: A Game-Changer for Scalability and Adoption
- Celo is transitioning from an independent blockchain to an Ethereum Layer 2 solution for scalability, lower fees, and enhanced security.
- Coinbase Cloud has played a crucial role in supporting the migration, providing infrastructure, validator services, and security.
- The move to Ethereum Layer 2 enables interoperability with Ethereum's DeFi ecosystem and boosts Ethereum's position as the primary platform for Web3 applications.
- The migration to Ethereum Layer 2 offers benefits such as cheaper transactions, strengthened security, smooth DeFi integration, more liquidity access, and scalability for mass adoption.
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Crypto-News-Flash
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Image Credit: Crypto-News-Flash
XRP Settlement: Will Ripple Resume Institutional Sales Amid SEC Scrutiny?
- Legal analysts suggest Ripple could resume institutional XRP sales if the injunction is lifted, provided the company adheres to securities laws.
- Ripple dropped the cross-appeal in the case with the SEC, leaving uncertainty about the fate of its institutional sales.
- The focus now shifts to whether the SEC will vacate the injunction that prohibits Ripple from selling XRP to institutions.
- If the injunction is lifted, Ripple may need to alter its sales strategy to comply with regulatory requirements while maintaining institutional relationships.
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Bitcoinist
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366
Image Credit: Bitcoinist
Solana Gets A $1.7 Billion Boost As BlackRock Expands Tokenized Funds
- Financial management behemoth BlackRock has launched a fund for big clients on the Solana network.
- The fund, called the USD Institutional Digital Fund (BUIDL), has already accumulated $1.7 billion in assets and is available on seven different blockchain platforms.
- Solana's fast transactions and low fees make it an attractive blockchain for financial firms.
- BlackRock's efforts to merge blockchain technology with traditional financial products show strong investor interest in these new tools.
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