Many cryptocurrencies have erased all the gains accumulated since the 2024 United States Presidential Election, with meme coins particularly affected, according to IntoTheBlock. In a recent tweet, the analytics firm highlighted that the meme coin market capitalization is nearing its November 2024 levels. Such a trend effectively depicted the undoing of the surge witnessed during […]
Bitcoin’s price troubles continued in the past 24 hours as the asset plunged to its lowest position since January 13 of just over $90,000. Thus, the cryptocurrency has lost over nine grand since Friday’s peak. The total value of liquidated positions is expectedly on the rise, surpassing the $1 billion mark. Naturally, long positions dominate. […]
Crypto market capitalization is down 8% on the day, plunging below $3.1 trillion on Feb. 25 following a wipeout of almost $200 billion in 24 hours. This is the lowest markets have been since mid-November, obliterating almost all gains since Donald Trump’s election victory. Total cap is now teetering on longer-term support levels, and a […]
XRP drops to $2.2 as market turns bearish. Key Support levels: $2, $1.6 Key Resistance levels: $3, $3.4 1. Bears Return Over the past 24 hours, XRP’s price fell by 8% and approached $2.2. This has turned the momentum bearish, and the price could easily test the key support at $2 in the coming days […]
Investors pulled $508 million from digital asset investment products last week, pushing two-week outflows to $924 million. This reversal comes after an 18-week period of inflows totaling $29 billion. CoinShares attributed the decline to market caution following the US Presidential inauguration, with concerns over trade tariffs, inflation, and monetary policies unsettling investors. The period also […]
Ethereum prices displayed resilience over the weekend, rapidly bouncing back from a slump following the massive hack of the Bybit crypto exchange. The asset slumped 7% in a matter of hours on Feb. 21, falling from $2,832 to $2,629 in the wake of the $1.4 billion Bybit hack of Ethereum assets. However, ETH tapped $2,800 […]
[PRESS RELEASE – Seoul, South Korea, February 24th, 2025] MARBLEX, the web3 gaming ecosystem powered by global gaming giant Netmarble, and Dracoon Ventures, a web3 game-specialized VC, are officially opening applications for MBX/HACK the FUN. This hybrid program combines a hackathon with an acceleration initiative, designed to help web3 game developers build, refine, and successfully […]
A number of recent economic reports revealed cracks in the US economy’s resilience last week, with the lowest service-sector PMI reading in over two years. This week will see key GDP and PCE inflation data released which could rattle markets even further. “PCE inflation will be the final piece to the puzzle as both PPI […]
The Ethereum Foundation has announced the Open Intents Framework (OIF), a modular and open framework designed to improve interoperability across the Ethereum ecosystem. The new standard is developed with the collaboration of over 30 teams which includes Layer 2 networks, wallets, and infrastructure providers. Open Intents Framework According to the official announcement on February 19th, […]
Tether co-founder Reeve Collins is launching a decentralized stablecoin that will compete with USDT in an increasingly crowded space that is still dominated by two players. The project will debut a stablecoin called USP on Ethereum and Solana blockchains in the second half of 2025, according to Bloomberg. Pi will use smart contracts to mint […]