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Cryptocurrency News
99Bitcoins
3w
83
MEXC Freezes 1500 Accounts: Cracks Down On Market Manipulation Scheme
- Crypto exchange MEXC has frozen 1500 accounts connected to a large-scale coordinated group of market manipulators.
- MEXC identified two coordinated groups engaging in abusive trading practices, including self-trading, spoofing, layering, and other types of market manipulation.
- The exchange found that these manipulations involved daily trading volumes of over $20 million and caused short-term distortions and increased volatility of up to 120%.
- MEXC applied a targeted rollback of suspicious transactions and suspended all identified accounts, ensuring the protection of user funds.
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Bitcoinsensus
3w
304
Image Credit: Bitcoinsensus
Fidelity Is To Launch Its Stablecoin
- Fidelity is set to launch its stablecoin, pegged to the dollar 1:1.
- Fidelity Digital Assets is in the final testing phase for the stablecoin.
- The stablecoin will be used for internal settlement, integration with DeFi, and offerings for institutional clients.
- Fidelity's stablecoin will potentially face competition from players like Circle, Tether, and Custodia.
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18 Likes
99Bitcoins
3w
154
Donald Trump Meme Coin Hurts Crypto Reputation, Graphite Network Takes Aim At Tesla
- Crypto reputation took a huge hit from the Donald Trump meme coin debacle, and Graphite Network is looking to capitalize on it.
- Tesla's market cap halved due to Elon Musk's political choices and alienating customers and investors.
- Graphite Network aims to reshape the market by focusing on trust and ethics with transparency tools.
- Despite the challenges, Tesla's technology remains strong, but brand recovery will be slow.
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Coin Telegraph
3w
242
Image Credit: Coin Telegraph
Binance exec shares details about release from Nigerian detention
- Tigran Gambaryan, a Binance executive, shared details about his release from Nigerian detention.
- Gambaryan revealed that the Nigerian government had held him hostage and the charges were a pretext to get something from Binance.
- He stated that the pressure against the Nigerian government increased during the UN General Assembly in 2024, leading to his release.
- Gambaryan experienced health issues during his detention, including pneumonia, malaria, and a herniated disc.
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Coin Telegraph
3w
410
Image Credit: Coin Telegraph
Hyperliquid delists JELLY perps, citing "suspicious" activity
- Hyperliquid is delisting perpetual futures tied to the JELLY token due to suspicious market activity.
- Affected users will be reimbursed by the Hyper Foundation, except for flagged addresses.
- Hyperliquid's primary liquidity pool has generated around $700,000 net income in the past 24 hours.
- This incident highlights the growing pains of Hyperliquid as a popular platform for leveraged perpetual trading.
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Coin Telegraph
3w
22
Image Credit: Coin Telegraph
IRS crypto broker rules, explained: What you need to know in 2025
- The IRS defines a crypto broker as any individual or entity that facilitates digital asset transfers, subject to Form 1099-DA reporting requirements.
- The rules stem from the Infrastructure Investment and Jobs Act, expanding broker reporting obligations to decentralized finance (DeFi) and aiming to generate revenue.
- Entities classified as brokers include exchanges, hosted wallet providers, digital asset kiosks, crypto payment processors, and DeFi front-end providers.
- Unhosted wallet providers are generally exempt unless they function like exchanges.
- Efforts to repeal the IRS DeFi broker rules intensified in March 2025 with bipartisan support in Congress and potential implications on DeFi reporting.
- Form 1099-DA, introduced by the IRS, standardizes reporting of digital asset transactions, requiring specific details for accurate tax reporting.
- Brokers must report customers' information, transaction details, digital asset types, gross proceeds, and comply with key dates for reporting.
- Form 1099-DA transitions reporting for tokenized securities, introduces customer-provided acquisition information, and includes new reporting standards for stablecoins and NFTs.
- The IRS crypto broker rules shift tax reporting, necessitating cost basis tracking per account, specific identification for transactions, and adherence to penalties for noncompliance.
- The regulations affect non-domiciled taxpayers as well, emphasizing the importance of precise record-keeping and compliance efforts globally.
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TronWeekly
3w
269
Image Credit: TronWeekly
Cardano (ADA) Flashes Bullish Flag Pattern, $1.80 Price Target Now in Sight
- Cardano (ADA) could potentially experience a major bullish breakout, with a price target of $1.30 to $1.80.
- Whales have accumulated 240 million ADA, indicating strong investor confidence in Cardano's future price performance.
- ADA is currently trading at $0.7698, aiming to break above the $0.7923 resistance level and target $0.90 to $0.97.
- Momentum indicators, such as RSI and MACD, suggest a possible bullish trend and potential upward movement for ADA.
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Cryptopotato
3w
189
Image Credit: Cryptopotato
CZ: Meme Coins Fueled by Speculation, But Blockchain Fundamentals Hold
- Former Binance CEO Changpeng Zhao (CZ) has opened up about his recent involvement with meme coins.
- CZ now engages with the community to understand the appeal of meme coins, despite previously describing them as 'extremely weird and desperate.'
- CZ emphasized that the core principles of blockchain have remained the same, stating that the issuance of coins and the participation of users determine their price.
- In the interview, CZ reflected on his missed opportunity with Ethereum and how his prison term reshaped his priorities.
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Coinpedia
3w
330
Image Credit: Coinpedia
Solaxy Price Prediction: Could $SOLX Pump After Listing While DeepNet AI Already Rallies?
- Solana's first Layer-2 scaling solution, Solaxy, aims to improve transaction speed and reduce fees for Solana network during heavy traffic.
- DeepNet AI, with its Layer-2 solution for AI applications, is positioned at the intersection of blockchain and artificial intelligence industries, potentially becoming a key player in AI-driven decentralized applications.
- Solaxy ($SOLX) has raised over $27 million in its ICO, indicating strong interest in the project, but its long-term success depends on partnerships and developer adoption.
- DeepNet AI ($DPN) already exhibits strong growth, with its Layer-2 solution for AI applications and a mainnet launch approaching, making it an interesting project to watch.
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19 Likes
Cryptoninjas
3w
229
Image Credit: Cryptoninjas
The Most Undervalued Cryptocurrencies to Buy in 2025 & How To Determine Them
- The most undervalued cryptocurrencies in 2025 include Solaxy ($SOLX), Meme Index ($MEMEX), BTC Bull ($BTCBULL), Best Wallet ($BEST), Mind of Pepe ($MIND), Ethereum ($ETH), Chainlink ($LINK), Shiba Inu ($SHIB), Cardano ($ADA), and Ethereum Classic ($ETC).
- To determine the best undervalued cryptos, factors like staking rewards, market valuation, tokenomics, community engagement, use cases, team and partnership are reviewed.
- Detailed overviews of each cryptocurrency provide insights on their potential profitability in trading, along with where to purchase them and their staking rewards.
- Key metrics for each cryptocurrency are highlighted, such as Total Public Supply, Market Capitalization, and Use Case.
- Methods to determine if a cryptocurrency is undervalued include assessing market capitalization, community engagement, use cases, team and partnerships, and tokenomics.
- The best trading exchanges to find undervalued cryptocurrencies are MEXC, Best Wallet, Kraken, Binance, and Coinbase, offering low fees, high liquidity, and various features for trading.
- Ethereum is considered undervalued given its on-chain activity, community, and user adoption but shows potential for future price appreciation with growing investor interest.
- Factors like market capitalization, community engagement, use cases, team and partnerships, and tokenomics are crucial in determining the undervaluation of a crypto asset.
- Prominent cryptocurrencies like Solaxy, Meme Index, and BTC Bull offer innovative solutions and valuable propositions to their communities, driving their undervaluation.
- The list includes cryptocurrencies like Chainlink, Shiba Inu, Cardano, and Ethereum Classic, each providing unique advantages and solutions to specific problems for their users.
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13 Likes
Coinjournal
3w
13
Bitso launches a new subsidiary dedicated to issuing stablecoins
- Bitso has unveiled a new subsidiary known as Juno, which will focus on issuing stablecoins across Latin America.
- The first stablecoin offering for Juno is MXNB, a peso-pegged stablecoin that runs on Arbitrum.
- Juno also features Juno Mint Platform, which links SPEI, merging fiat with digital for global remits.
- Bitso's new subsidiary, Juno, aims to provide stablecoin solutions for Latin America, starting with MXNB, a stablecoin pegged to the Mexican peso, and leveraging the scalability and affordability of Ethereum's Layer-2 solution, Arbitrum.
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Coinpedia
3w
110
Image Credit: Coinpedia
Crypto Traders Rush to Ozak AI as 500x Potential Becomes Clear
- Ozak AI is gaining significant interest from retail and institutional investors as its potential for a 500x surge becomes clear.
- The project offers cutting-edge artificial intelligence innovation integrated with blockchain, making it a unique and promising opportunity in the crypto market.
- Key factors driving the frenzy around Ozak AI include AI-driven growth, an undervalued entry point, institutional interest, and limited supply with high demand.
- With strong fundamentals and technological innovation, Ozak AI has the potential to deliver a 500x gain, attracting investors who are eager to get in early.
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TheCryptoBasic
3w
326
Image Credit: TheCryptoBasic
Bitcoin Firm Strategy Lists STRF Stock on Nasdaq with Dual Yield Opportunity
- Bitcoin firm Strategy lists STRF stock on Nasdaq with dual yield opportunity
- STRF provides USD yield for STRF investors and Bitcoin yield for MSTR investors
- Strategy raises approximately $711.2 million through STRF offering
- Company continues to expand its Bitcoin holdings with recent acquisition of 6,911 BTC
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