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The bitcoin price is gearing up to reclaim $100k, boosted by stablecoin launches, and the BTC Bull Token ($BTCBULL) is benefiting after raising $4 million from eager presale investors. The Trump family’s World Liberty Financial has soft-launched its USD1 stablecoin and just yesterday giant asset manager Fidelity said it was joining the party. Other market-moving…
The cryptocurrency market was thrown into chaos as Hyperliquid Vault found itself on the receiving end of a massive short position on JellyJelly ($JELLY) following a trader’s self-liquidation. The short squeeze propelled $JELLY’s price up by an astonishing 429% between 21:00 and 22:00 UTC+8, putting Hyperliquid Vault in a precarious situation with unrealized losses exceeding…
As the cryptocurrency market grapples with rising global inflation, geopolitical uncertainties, and an unpredictable macroeconomic landscape, investors are increasingly drawn toward the best crypto presales. These Initial Coin Offerings (ICOs) present the public with a unique opportunity to acquire tokens at predetermined low rates. This not only fosters early-stage project development but also holds the…
XRP has risen by 1% today, with its move to $2.47 coming after Ripple confirmed that the SEC will return $75 million to the crypto firm as part of a final agreement with the regulator. Ripple had paid a penalty of $125 million last year, but the SEC’s dropping of its appeal last week means…
Solana (SOL) has gone up by 2.3% in the past 24 hours to stand at $145.18 after BlackRock’s initiative in the tokenization space called the BUIDL fund announced that it will now support asset transfers via the Solana blockchain. In a press release published just hours ago, the fund announced that it has now expanded…
Canaan Inc., a leading innovator in bitcoin mining hardware, reported robust performance for the fourth quarter of 2024. The company posted total revenues of $88.8 million, exceeding its projected guidance of $80 million, marking an 80.9% year-over-year increase. Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results. Read here: https://t.co/mDUoE1zCl6 — Canaan…
Movement (MOVE) has surged by 16% in the past 24 hours, with its rise to $0.527 coming after the Movement Network Foundation announced a $38 million buyback of MOVE tokens. MOVE is now up by 16.5% in a week and by 15% in a month, although it remains down by 63% from its ATH of…
Cronos ($CRO) is facing growing backlash after Crypto.com announced the re-issuance of 70 billion tokens and a new partnership with former President Donald Trump’s social media platform, Truth Social. Despite the controversy, $CRO is outperforming Bitcoin today, gaining traction in the wake of the announcement. The partnership was revealed by Crypto.com CEO Kris Marszalek, who…
DFZ Labs, the team behind the popular NFT project Deadfellaz, has launched its novel universal verification tool Coldlink.xyz, which the team says will as open up the future of digital asset ownership. According to the press release, Coldlink.xyz is a universal verification and delegation tool that links “digital assets to anything, anywhere.” More precisely, it…
Things keep on going from bad to worse for BitBoy. The crypto influencer — whose real name is Ben Armstrong — was riding high with a YouTube channel that had hundreds of thousands of subscribers. But back in the summer of 2023, while altcoins were in the grip of a punishing bear market, BitBoy was…