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Cryptography News
Coindoo
1w
119
Image Credit: Coindoo
Developer Activity in Crypto Drops by 40% Amid Narrative-Driven Developments
- According to data from Artemis Terminal, weekly active developers on open-source repositories dropped by 38.6%, signaling a shift in the industry.
- The decrease in developer activity has raised concerns within the Web3 community.
- Voices within the community are calling for a shift back to developer-led narratives.
- The decline in developer activity is a cause for alarm regarding the future of Web3.
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Coinjournal
1w
29
Australia shuts down 95 firms linked to pig butchering crypto scams
- Australian regulators have shut down 95 firms involved in a widespread crypto scam.
- The firms used fake identities, romance scams, and fake trading platforms to defraud victims across 14 countries.
- The reported losses from the scam total over $35.8 million.
- Only three out of the 95 firms were found to hold any assets.
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Cryptopotato
1w
242
Image Credit: Cryptopotato
Ripple Shelves IPO Plans Even After SEC Lawsuit Closure, Says President at Paris Blockchain Week
- Ripple's president, Monica Long, stated that the closure of the SEC lawsuit and regulatory changes in the US will benefit the crypto industry.
- Ripple recently acquired prime broker Hidden Road for $1.25 billion to bring institutions into the cryptocurrency space.
- The end of the SEC lawsuit was described as a relief for Ripple, allowing the company to expand its business operations.
- While Ripple had previously discussed the possibility of an IPO, the company currently has no plans and will focus on building a private business.
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Financemagnates
1w
117
Image Credit: Financemagnates
Breaking: Ripple Acquires Hidden Road for $1.25 Billion, Becomes First Crypto Company with Multi-Asset Prime Broker
- Ripple acquires Hidden Road for $1.25 billion, becoming the first crypto company with a multi-asset prime broker.
- This acquisition aims to support institutional adoption of crypto and bridge the gap between traditional finance and decentralized finance.
- Ripple's acquisition enhances infrastructure and unlocks significant growth for Hidden Road's business.
- Hidden Road will migrate post-trade activity to XRPL, streamlining operations and decreasing costs.
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Coindoo
1w
319
Image Credit: Coindoo
China’s Tariff Escalation is a Big Mistake, Says U.S. Treasury Secretary
- China is at a disadvantage in the trade dispute with the US.
- China's retaliatory tariffs on US goods are set to go into effect.
- President Trump has warned of imposing an additional tariff if China doesn't withdraw its countermeasures.
- Nearly 70 countries have approached the US to begin negotiations regarding tariffs.
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Coinjournal
1w
395
HBAR price eyes 30% breakout amid V-shaped recovery
- Hedera (HBAR) is showing signs of a potential breakout rally as the price bounces back hard following the bloodbath on Monday.
- If Hedera’s native token extends the gains, it could see a decent 30% uptick, with charts currently showing the formation of a V-shaped recovery.
- HBAR has recorded notable gains, up around 16%, sitting near $0.16, making it one of the top gainers on the day.
- The 4-hour chart indicates a potential 30% breakout for HBAR, reaching around $0.22, if it breaches resistance at $0.18.
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Coindoo
1w
81
Image Credit: Coindoo
SEC to Host Critical Roundtable on Crypto Trading Regulation on 11th of April
- The SEC will host a critical roundtable on crypto trading regulation on the 11th of April. The event is part of the SEC's efforts to refine the regulatory landscape for digital assets.
- Key industry figures and SEC leadership will participate in the roundtable, including executives from crypto and finance companies, as well as experts from the academic and advocacy sectors.
- The roundtable is part of the SEC's broader initiative, "Spring Sprint Toward Crypto Clarity", aiming to provide clearer guidelines in the evolving crypto space.
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Cryptopotato
1w
157
Image Credit: Cryptopotato
Arthur Hayes Suggests Fed or China’s PBOC Will Spark Bitcoin Boom
- BitMEX co-founder Arthur Hayes suggests that either the U.S. Federal Reserve or China's central bank could spark a Bitcoin boom.
- Hayes argues that if the U.S. doesn’t ease monetary policy, China’s yuan devaluation will drive capital into Bitcoin.
- Chinese investors have historically turned to Bitcoin during times of yuan devaluation, and Hayes believes history will repeat itself.
- Bitcoin has experienced recent volatility but is currently trading just below $79,000.
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Cryptopotato
1w
123
Image Credit: Cryptopotato
Ripple Price Analysis: Is XRP Out of the Danger Zone?
- Ripple has declined due to escalating tariff wars, breaking below the 200-day moving average.
- XRP is approaching a significant support region near the 0.618 Fibonacci level at $1.6.
- If the support level is breached, XRP could experience a substantial downturn.
- On the 4-hour chart, XRP's recent rebound is crucial in determining its next move.
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Coinjournal
1w
208
Top cryptos to buy while Trump’s tariffs cause market chaos
- Top cryptos to buy amid market turmoil caused by Trump's tariffs include Stellar Lumens (XLM), Polkadot (DOT), and CartelFi (CARTFI).
- Stellar Lumens (XLM) is projected to reach $0.6 by 2025, while Polkadot (DOT) could hit $95.61 by the year's end.
- CartelFi, in its presale phase, offers early backers up to 300% returns by the end of the presale.
- Cryptocurrencies offer a decentralized alternative for investors amid global market volatility and uncertainty.
- CartelFi introduces meme coin yield farming, allowing for token staking in liquidity pools for potential income streams.
- CartelFi's 'Burn & Earn' strategy involves repurchasing and burning CARTFI tokens using platform fees, increasing scarcity and value over time.
- Stellar Lumens facilitates fast and cheap cross-border payments, backed by partnerships with industry giants like IBM and Deloitte.
- XLM's technical analysis shows signs of recovery and potential bullish reversal, with predictions of reaching $0.6 by 2025.
- Polkadot's multi-chain vision and DOT token governance contribute to its resilience and potential, with price forecasts suggesting a climb to $10 by 2025.
- Aside from XLM, DOT, and CARTFI, other cryptocurrencies to consider during market uncertainty include Shiba Inu, Fartcoin, and Pepe.
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Coinjournal
1w
72
PepeX price outlook as broader market attempts a recovery
- Bitcoin (BTC) rebounds to nearly $80,000 after falling below $75,000, while PepeX's presale draws early investor interest.
- PepeX emerges as a potential high-reward play amid the broader market shakeout and declining cryptocurrency market capitalization.
- PepeX's presale is in its sixth stage, offering a potential return of over 238% to early participants.
- PepeX, a next-generation meme coin launchpad, aims to address concerns around fairness and transparency through AI-driven tools and safeguards.
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Coindoo
1w
340
Image Credit: Coindoo
Galaxy Digital Gains SEC Approval for Nasdaq Listing and Reorganization
- Galaxy Digital has gained SEC approval for a Nasdaq listing and reorganization, marking a significant milestone in the company's expansion plans in the U.S. market.
- The approval allows Galaxy Digital to move its corporate structure from the Cayman Islands to Delaware and establish a new parent company called New Pubco to oversee the transition.
- A special shareholder meeting will be held on May 9 to vote on the proposed reorganization, including the move from the Toronto Stock Exchange to the Nasdaq Stock Exchange.
- The reorganization and Nasdaq listing are expected to enhance Galaxy Digital's visibility and growth in the digital asset and blockchain space, particularly in the U.S. market.
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Coinjournal
1w
404
MEXC to launch DEX+ Alpha: spot the gems before the market
- MEXC, a leading global cryptocurrency exchange, announced the launch of MEXC Alpha on its decentralized trading platform, MEXC DEX+.
- MEXC Alpha focuses on early-stage, high-potential crypto projects and aims to help users get ahead of market trends.
- MEXC DEX+ supports the Solana ecosystem and integrates top DEXs from the BSC ecosystem, offering a wide selection of on-chain assets.
- Backed by expert industry insights and real-time market data, MEXC Alpha provides trustworthy investment references for users.
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Cryptopotato
1w
76
Image Credit: Cryptopotato
Pi Network News Today: April 8th
- Pi Network has announced partnerships with Pi CrowdFund and PiPhrase to provide updates and support for the Pi ecosystem.
- The native token, PI, has experienced significant volatility, dropping from almost $3 to around $0.57 over a month.
- Several cryptocurrency platforms, including OKX, Bitget, Gate.io, and BTCC, have added trading services for PI.
- Binance, despite a community vote in favor of listing PI, has not yet taken action, causing frustration in the PI community.
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Coinjournal
1w
293
XRP price forecast: breakout to $27.30 possible by late 2025
- XRP may experience a possible breakout above $27.30 by late 2025.
- Technical analysis suggests parallels to the October 2017 rally in XRP's chart pattern.
- Fibonacci extension levels indicate potential price targets of $7.50, $13.70, and $27.30.
- The long-term ascending support channel in XRP's chart pattern remains strong.
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